New Risk • May 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥488m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue has declined by 4.5% over the past year. Market cap is less than US$10m (JP¥1.00b market cap, or US$6.29m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • May 19
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -JP¥488m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥488m free cash flow). Revenue has declined by 4.5% over the past year. Market cap is less than US$10m (JP¥1.20b market cap, or US$7.54m). Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Feb 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.55b (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 27% over the past year. Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Market cap is less than US$10m (JP¥1.55b market cap, or US$9.99m). Announcement • Dec 03
Axel Mark Inc. to Report Q1, 2026 Results on Feb 12, 2026 Axel Mark Inc. announced that they will report Q1, 2026 results on Feb 12, 2026 Announcement • Nov 19
Axel Mark Inc. announced that it has received ¥12.30518 million in funding from Cantor Fitzgerald Europe On November 19, 2025, Axel Mark Inc. closed the transaction. New Risk • Nov 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.51b (US$9.79m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Revenue has declined by 27% over the past year. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (JP¥1.51b market cap, or US$9.79m). Announcement • Nov 13
Axel Mark Inc., Annual General Meeting, Dec 23, 2025 Axel Mark Inc., Annual General Meeting, Dec 23, 2025. Announcement • Oct 31
Axel Mark Inc. announced that it expects to receive ¥12.28825 million in funding from Cantor Fitzgerald Europe Axel Mark Inc. announces a private placement with Cantor Fitzgerald Europe to issue 129,350 stock acquisition rights at a price of JPY 95 per right for gross proceeds of JPY 12,288,250 on October 30, 2025. Allotment date is November 19, 2025. Announcement • Sep 27
Axel Mark Inc. to Report Fiscal Year 2025 Results on Nov 13, 2025 Axel Mark Inc. announced that they will report fiscal year 2025 results on Nov 13, 2025 Board Change • Sep 10
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). President, CEO & Representative Director Hiroshi Matsukawa is the most experienced director on the board, commencing their role in 2020. Independent Outside Director Ikoma Sei was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Jun 24
Axel Mark Inc. to Report Q3, 2025 Results on Aug 14, 2025 Axel Mark Inc. announced that they will report Q3, 2025 results on Aug 14, 2025 Announcement • Apr 25
Axel Mark Inc. (TSE:3624) completed the acquisition of SPIRAL SENSE Inc. Axel Mark Inc. (TSE:3624) signed a memorandum of understanding to acquire SPIRAL SENSE Inc on December 17, 2024. Axel Mark Inc. signed an agreement to acquire SPIRAL SENSE Inc on April 17, 2025. Under the terms, Axel Mark shall acquire 425 shares of SPIRAL SENSE. For the period ending February 29, 2024, SPIRAL SENSE Inc reported total revenue of ¥186.56 million, EBIT of ¥2.62 million and net income of ¥3.71 million. As of February 29, 2024, SPIRAL SENSE Inc reported total assets of ¥116.25 million and total common equity of ¥45.11 million.
The expected completion of the transaction is April 25, 2025.
Axel Mark Inc. (TSE:3624) completed the acquisition of SPIRAL SENSE Inc on April 25, 2025. New Risk • Apr 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.39b (US$9.56m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2020 fiscal period end). Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Market cap is less than US$10m (JP¥1.39b market cap, or US$9.56m). Announcement • Mar 25
Axel Mark Inc. to Report Q2, 2025 Results on May 14, 2025 Axel Mark Inc. announced that they will report Q2, 2025 results on May 14, 2025 New Risk • Feb 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2020 fiscal period end). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥2.44b market cap, or US$16.4m). Announcement • Feb 06
Axel Mark Inc. (TSE:3624) completed the acquisition of Crafty Co., Ltd. Axel Mark Inc. (TSE:3624) signed a letter of intent to acquire Crafty Co., Ltd. for ¥100 million on December 23, 2024. A cash consideration of ¥100 million will be paid by Axel Mark Inc. As part of consideration, ¥100 million is paid towards common equity of Crafty Co., Ltd.
For the period ending January 31, 2024, Crafty Co., Ltd. reported total revenue of ¥470.5 million, EBIT of ¥100.18 million and net income of ¥63.46 million. As of January 31, 2024, Crafty Co., Ltd. reported total assets of ¥108.59 million and total common equity of ¥63.55 million.
The expected completion of the transaction is Late February 2025. As on January 27, 2025, The parties have entered into Share purchase agreement for ¥110 million and the transaction is expected to complete on January 5, 2025.
Axel Mark Inc. (TSE:3624) completed the acquisition of Crafty Co., Ltd. on February 5, 2025. Announcement • Jan 03
Axel Mark Inc. to Report Q1, 2025 Results on Feb 13, 2025 Axel Mark Inc. announced that they will report Q1, 2025 results on Feb 13, 2025 New Risk • Dec 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2020 fiscal period end). Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (JP¥1.37b market cap, or US$8.74m). Board Change • Dec 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Outside Director Ryutaro Katayama was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 14
Axel Mark Inc., Annual General Meeting, Dec 20, 2024 Axel Mark Inc., Annual General Meeting, Dec 20, 2024. Announcement • Nov 12
Axel Mark Inc. announced that it has received ¥6.40466 million in funding from Trust Up Co., Ltd., Investment Arm, Cantor Fitzgerald Europe On November 11, 2024, Axel Mark Inc., closed the transaction. Announcement • Sep 26
Axel Mark Inc. to Report Fiscal Year 2024 Results on Nov 14, 2024 Axel Mark Inc. announced that they will report fiscal year 2024 results on Nov 14, 2024 New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2020 fiscal period end). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$10m (JP¥1.28b market cap, or US$8.97m). Announcement • Jun 19
Axel Mark Inc. to Report Q3, 2024 Results on Aug 08, 2024 Axel Mark Inc. announced that they will report Q3, 2024 results on Aug 08, 2024 Announcement • Mar 24
Axel Mark Inc. to Report Q2, 2024 Results on May 14, 2024 Axel Mark Inc. announced that they will report Q2, 2024 results on May 14, 2024 New Risk • Jan 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2020 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥3.00b market cap, or US$20.3m). Announcement • Jan 19
Axel Mark Inc. (TSE:3624) entered into basic agreement to acquire ABC JAPAN Co., Ltd. Axel Mark Inc. (TSE:3624) entered into basic agreement to acquire ABC JAPAN Co., Ltd. on January 18, 2024. As part of acquisition, 1000 shares will be acquired. The transaction is expected to complete in late April 2024. Announcement • Jan 15
Axel Mark Inc. to Report Q1, 2024 Results on Feb 08, 2024 Axel Mark Inc. announced that they will report Q1, 2024 results on Feb 08, 2024 Announcement • Nov 11
Axel Mark Inc., Annual General Meeting, Dec 22, 2023 Axel Mark Inc., Annual General Meeting, Dec 22, 2023. Announcement • Oct 14
Axel Mark Inc. to Report Fiscal Year 2023 Results on Nov 09, 2023 Axel Mark Inc. announced that they will report fiscal year 2023 results on Nov 09, 2023 Announcement • Jun 23
Axel Mark Inc. to Report Q3, 2023 Results on Aug 10, 2023 Axel Mark Inc. announced that they will report Q3, 2023 results on Aug 10, 2023 Announcement • Jan 20
Axel Mark Inc. to Report Q1, 2023 Results on Feb 09, 2023 Axel Mark Inc. announced that they will report Q1, 2023 results on Feb 09, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. No independent directors (6 non-independent directors). Full-Time Auditor Hidetaka Kawazoe was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Nov 12
Axel Mark Inc., Annual General Meeting, Dec 23, 2022 Axel Mark Inc., Annual General Meeting, Dec 23, 2022. Announcement • Oct 08
Axel Mark Inc. to Report Fiscal Year 2022 Results on Nov 10, 2022 Axel Mark Inc. announced that they will report fiscal year 2022 results on Nov 10, 2022 Announcement • Jun 23
Axel Mark Inc. to Report Q3, 2022 Results on Aug 10, 2022 Axel Mark Inc. announced that they will report Q3, 2022 results on Aug 10, 2022 Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. No independent directors (6 non-independent directors). Full-Time Auditor Hidetaka Kawazoe was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Axel Mark Inc. to Report Q2, 2022 Results on May 12, 2022 Axel Mark Inc. announced that they will report Q2, 2022 results on May 12, 2022 Announcement • Apr 29
Axel Mark Inc. announced that it has received ¥562.294 million in funding from Whiz Partners Inc. On April 28, 2021, Axel Mark Inc. (TSE:3624) closed the transaction. Announcement • Jan 22
Axel Mark Inc. to Report Q1, 2021 Results on Feb 12, 2021 Axel Mark Inc. announced that they will report Q1, 2021 results on Feb 12, 2021 Reported Earnings • Dec 27
Full year 2020 earnings released: JP¥125 loss per share The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: JP¥2.78b (down 3.8% from FY 2019). Net loss: JP¥825.0m (loss narrowed 31% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Dec 21
New 90-day high: JP¥431 The company is up 5.0% from its price of JP¥412 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 12% over the same period. Announcement • Nov 14
Axel Mark Inc., Annual General Meeting, Dec 22, 2020 Axel Mark Inc., Annual General Meeting, Dec 22, 2020. Announcement • Jul 17
Axel Mark Inc. to Report Q3, 2020 Results on Aug 13, 2020 Axel Mark Inc. announced that they will report Q3, 2020 results on Aug 13, 2020 Announcement • Jun 19
AltPlus Inc. (TSE:3672) entered into basic agreement to acquire Game Business of Axel Mark Inc. (TSE:3624). AltPlus Inc. (TSE:3672) entered into basic agreement to acquire Game Business of Axel Mark Inc. (TSE:3624) on June 18, 2020. As per terms of transaction, AltPlus Inc. and Axel Mark Inc. will enter into agreement in July, 2020. As on September 30,2019, Game Business of Axel Mark Inc. reported revenue of ¥734 million and net profit of ¥506 million. Transaction is expected to be complete in September,2020.