Reported Earnings • Jun 06
Third quarter 2026 earnings released: EPS: JP¥6.13 (vs JP¥25.21 in 3Q 2025) Third quarter 2026 results: EPS: JP¥6.13 (down from JP¥25.21 in 3Q 2025). Revenue: JP¥5.92b (down 7.9% from 3Q 2025). Net income: JP¥114.0m (down 76% from 3Q 2025). Profit margin: 1.9% (down from 7.3% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 09
First half dividend of JP¥14.00 announced Shareholders will receive a dividend of JP¥14.00. Ex-date: 30th July 2026 Payment date: 8th October 2026 Dividend yield will be 2.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (430% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.4% to bring the payout ratio under control, which is less than the 51% EPS growth achieved over the last 5 years. New Risk • Mar 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 430% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). New Risk • Mar 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 7.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,077, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 20x in the Entertainment industry in Japan. Total returns to shareholders of 49% over the past three years. Buy Or Sell Opportunity • Jan 29
Now 23% undervalued Over the last 90 days, the stock has risen 2.7% to JP¥1,142. The fair value is estimated to be JP¥1,480, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Dec 07
Now 21% undervalued Over the last 90 days, the stock has risen 1.1% to JP¥1,121. The fair value is estimated to be JP¥1,423, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company has become profitable. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Toshihiko Hiura was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 01
Ateam Holdings Co., Ltd. (TSE:3662) agreed to acquire SiGNITY Inc. from Road Co. , Ltd. for ¥1.1 billion. Ateam Holdings Co., Ltd. (TSE:3662) agreed to acquire SiGNITY Inc. from Road Co. , Ltd. for ¥1.1 billion on September 30, 2025. A cash consideration of ¥1.05 billion will be paid by Ateam Holdings Co., Ltd. As part of consideration, ¥1.05 billion is paid towards common equity of SiGNITY Inc.
For the period ending September 30, 2024, SiGNITY Inc. reported total revenue of ¥321 million, operating loss of ¥21 million and net loss of ¥15 million. As of September 30, 2024, SiGNITY Inc. reported total assets of ¥318 million and total common equity of ¥285 million.
The expected completion of the transaction is November 20, 2025. Announcement • Sep 27
Ateam Holdings Co., Ltd. to Report Q1, 2026 Results on Dec 05, 2025 Ateam Holdings Co., Ltd. announced that they will report Q1, 2026 results on Dec 05, 2025 Reported Earnings • Sep 06
Full year 2025 earnings released: EPS: JP¥55.73 (vs JP¥51.34 in FY 2024) Full year 2025 results: EPS: JP¥55.73 (up from JP¥51.34 in FY 2024). Revenue: JP¥23.9b (flat on FY 2024). Net income: JP¥1.04b (up 8.7% from FY 2024). Profit margin: 4.3% (up from 4.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Sep 05
Ateam Holdings Co., Ltd., Annual General Meeting, Oct 28, 2025 Ateam Holdings Co., Ltd., Annual General Meeting, Oct 28, 2025. Announcement • Jun 13
Ateam Holdings Co., Ltd. (TSE:3662) announces an Equity Buyback for 2,850,000 shares, representing 13.33% for ¥3,374.4 million. Ateam Holdings Co., Ltd. (TSE:3662) announces a share repurchase program. Under the program, the company will repurchase up to 2,850,000 shares, representing 13.33% of its issued share capital, for ¥3,374.4 million. The shares will be repurchased at a price of ¥1,184 per share. The purpose of program is enhancement of shareholder returns, and aims to achieve an average total return ratio of 100% or more from the fiscal year ending July 31, 2025 to the fiscal year ending July 31, 2028. Repurchased shares will be cancelled to eliminate concerns about future dilution of shares. The repurchase program is valid till June 16, 2025. As of April 30, 2025, the company had 18,661,118 shares issued (excluding treasury shares) and had 1,128,082 shares in treasury. Reported Earnings • Jun 07
Third quarter 2025 earnings released: EPS: JP¥25.21 (vs JP¥41.48 in 3Q 2024) Third quarter 2025 results: EPS: JP¥25.21 (down from JP¥41.48 in 3Q 2024). Revenue: JP¥6.43b (up 2.6% from 3Q 2024). Net income: JP¥468.0m (down 39% from 3Q 2024). Profit margin: 7.3% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • May 16
Sasuke Financial Lab Inc. agreed to acquire Ateam Finergy Inc. from Ateam Holdings Co., Ltd. (TSE:3662) for ¥160 million. Sasuke Financial Lab Inc. agreed to acquire Ateam Finergy Inc. from Ateam Holdings Co., Ltd. (TSE:3662) for ¥160 million on May 15, 2025. A cash consideration of ¥160 million valued at ¥160 per share will be paid by Sasuke Financial Lab Inc. As part of consideration, ¥160 million is paid towards common equity of Ateam Finergy Inc. For the period ending July 31, 2024, Ateam Finergy Inc. reported total revenue of ¥612 million, operating loss of ¥77 million and net loss of ¥41 million. As of July 31, 2024, Ateam Finergy Inc. reported total assets of ¥115 million and net liabilities of ¥214 million. The expected completion of the transaction is August 1, 2025. New Risk • May 09
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 7.3% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Buy Or Sell Opportunity • Apr 17
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.5% to JP¥1,004. The fair value is estimated to be JP¥830, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥985, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 21x in the Entertainment industry in Japan. Total returns to shareholders of 41% over the past three years. Announcement • Apr 11
Ateam Inc. Revises Earnings Guidance for the Fiscal Year Ending July 31, 2025 Ateam Inc. revised earnings guidance for the fiscal year ending July 31, 2025. For the year, the company expects revenue of JPY 25,000 million against previous guidance of JPY 25,000 million, operating income of JPY 1,000 million against previous guidance of JPY 1,000 million, net income attributable to shareholders of the parent company of JPY 1,000 million against previous guidance of JPY 560, and net income per share of JPY 53.88 against previous guidance of JPY 30.17. Declared Dividend • Mar 17
Dividend of JP¥22.00 announced Dividend of JP¥22.00 is the same as last year. Ex-date: 30th July 2025 Payment date: 9th October 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (20% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 15
Second quarter 2025 earnings released: EPS: JP¥23.16 (vs JP¥2.75 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥23.16 (up from JP¥2.75 loss in 2Q 2024). Revenue: JP¥5.86b (down 1.3% from 2Q 2024). Net income: JP¥430.0m (up JP¥481.0m from 2Q 2024). Profit margin: 7.3% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to JP¥913. The fair value is estimated to be JP¥756, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 05
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 51% to JP¥958. The fair value is estimated to be JP¥793, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jan 17
Ateam Inc. to Report Q2, 2025 Results on Mar 14, 2025 Ateam Inc. announced that they will report Q2, 2025 results on Mar 14, 2025 Buy Or Sell Opportunity • Jan 10
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 57% to JP¥953. The fair value is estimated to be JP¥783, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Dec 11
First quarter 2025 earnings released: EPS: JP¥6.95 (vs JP¥7.65 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥6.95 (up from JP¥7.65 loss in 1Q 2024). Revenue: JP¥5.68b (down 5.0% from 1Q 2024). Net income: JP¥129.0m (up JP¥271.0m from 1Q 2024). Profit margin: 2.3% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Dec 03
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 6.6% 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 Earnings have declined by 23% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥14.1b market cap, or US$93.8m). Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥757, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 29x in the Entertainment industry in Japan. Total loss to shareholders of 22% over the past three years. Announcement • Oct 02
Ateam Inc. to Report Q1, 2025 Results on Dec 06, 2024 Ateam Inc. announced that they will report Q1, 2025 results on Dec 06, 2024 Reported Earnings • Sep 08
Full year 2024 earnings released: EPS: JP¥51.34 (vs JP¥7.71 in FY 2023) Full year 2024 results: EPS: JP¥51.34 (up from JP¥7.71 in FY 2023). Revenue: JP¥23.9b (down 13% from FY 2023). Net income: JP¥953.0m (up JP¥810.0m from FY 2023). Profit margin: 4.0% (up from 0.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥532, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 24x in the Entertainment industry in Japan. Total loss to shareholders of 60% over the past three years. Upcoming Dividend • Jul 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 07 October 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%). Reported Earnings • Jun 10
Third quarter 2024 earnings released: EPS: JP¥41.48 (vs JP¥8.19 in 3Q 2023) Third quarter 2024 results: EPS: JP¥41.48 (up from JP¥8.19 in 3Q 2023). Revenue: JP¥6.27b (down 7.5% from 3Q 2023). Net income: JP¥770.0m (up 407% from 3Q 2023). Profit margin: 12% (up from 2.2% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Announcement • May 29
Ateam Inc. (TSE:3662) agreed to acquire 67% stake in Paddle,inc from Hisahito Ide and others for approximately ¥370 million. Ateam Inc. (TSE:3662) agreed to acquire 67% stake in Paddle,inc from Hisahito Ide and others for approximately ¥370 million on May 28, 2024. Under the terms, Ateam will acquire 266 shares in Paddle for ¥368 million and advisory fees of ¥30 million. Paddle reported net assets of ¥167 million, total assets of ¥277 million, revenue of ¥655 million, operating income of ¥129 million and net income of ¥82 million for fiscal year ended October 31, 2024. Ateam will acquire the remaining stake as well on November 1, 2027. The transaction is expected to close on November 1, 2024. The transaction has been approved by board of Ateam. Announcement • May 11
Ateam Inc. (TSE:3662) agreed to acquire MicroCMS Co., Ltd. from Shoichi Matsuda, Kazuki Shibata and others for ¥1.5 billion. Ateam Inc. (TSE:3662) agreed to acquire MicroCMS Co., Ltd. from Shoichi Matsuda, Kazuki Shibata and others for ¥1.5 billion on May 9, 2024. The transaction is expected to close on June 30, 2024. New Risk • Mar 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (294% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥11.7b market cap, or US$77.5m). Declared Dividend • Mar 11
Dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 30th July 2024 Payment date: 7th October 2024 Dividend yield will be 3.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (294% earnings payout ratio). However, it is well covered by cash flows (47% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 227% to bring the payout ratio under control. However, EPS has declined by 47% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Mar 09
Second quarter 2024 earnings released: JP¥2.75 loss per share (vs JP¥14.61 loss in 2Q 2023) Second quarter 2024 results: JP¥2.75 loss per share (improved from JP¥14.61 loss in 2Q 2023). Revenue: JP¥5.94b (down 19% from 2Q 2023). Net loss: JP¥51.0m (loss narrowed 81% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 06
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to JP¥571. The fair value is estimated to be JP¥474, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 45%. Buy Or Sell Opportunity • Feb 19
Now 22% overvalued Over the last 90 days, the stock has fallen 14% to JP¥584. The fair value is estimated to be JP¥479, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 45%. Announcement • Jan 11
Ateam Inc. to Report Q2, 2024 Results on Mar 08, 2024 Ateam Inc. announced that they will report Q2, 2024 results on Mar 08, 2024 Reported Earnings • Dec 11
First quarter 2024 earnings released: JP¥7.65 loss per share (vs JP¥6.48 profit in 1Q 2023) First quarter 2024 results: JP¥7.65 loss per share (down from JP¥6.48 profit in 1Q 2023). Revenue: JP¥5.97b (down 16% from 1Q 2023). Net loss: JP¥142.0m (down 218% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Dec 09
Ateam Inc. Provides Earnings Guidance for the Fiscal Year Ending July 31, 2024 Ateam Inc. provided earnings guidance for the fiscal year ending July 31, 2024. For the year, the company expects revenue of JPY 28,700 million, operating income of JPY 600 million, net income attributable to shareholders of the parent company of JPY 780 million and net income per share of JPY 42.05. New Risk • Nov 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 66% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥11.6b market cap, or US$76.9m). Buying Opportunity • Oct 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be JP¥727, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Announcement • Oct 08
Ateam Inc. to Report Q1, 2024 Results on Dec 08, 2023 Ateam Inc. announced that they will report Q1, 2024 results on Dec 08, 2023 Buying Opportunity • Sep 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥751, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Sep 11
Full year 2023 earnings released: EPS: JP¥7.71 (vs JP¥71.68 loss in FY 2022) Full year 2023 results: EPS: JP¥7.71 (up from JP¥71.68 loss in FY 2022). Revenue: JP¥27.6b (down 13% from FY 2022). Net income: JP¥143.0m (up JP¥1.48b from FY 2022). Profit margin: 0.5% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Sep 08
Ateam Inc., Annual General Meeting, Oct 26, 2023 Ateam Inc., Annual General Meeting, Oct 26, 2023. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥16.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 10 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%). Announcement • Jul 06
Ateam Inc. to Report Fiscal Year 2023 Results on Sep 08, 2023 Ateam Inc. announced that they will report fiscal year 2023 results on Sep 08, 2023 Reported Earnings • Jun 12
Third quarter 2023 earnings released: EPS: JP¥8.19 (vs JP¥5.66 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥8.19 (up from JP¥5.66 loss in 3Q 2022). Revenue: JP¥6.77b (down 21% from 3Q 2022). Net income: JP¥152.0m (up JP¥257.0m from 3Q 2022). Profit margin: 2.2% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 11
Second quarter 2023 earnings released: JP¥14.61 loss per share (vs JP¥31.27 loss in 2Q 2022) Second quarter 2023 results: JP¥14.61 loss per share (improved from JP¥31.27 loss in 2Q 2022). Revenue: JP¥7.34b (down 4.0% from 2Q 2022). Net loss: JP¥271.0m (loss narrowed 54% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Dec 27
Ateam Inc. to Report Q2, 2023 Results on Mar 10, 2023 Ateam Inc. announced that they will report Q2, 2023 results at 3:00 PM, Tokyo Standard Time on Mar 10, 2023 Reported Earnings • Dec 12
First quarter 2023 earnings released: EPS: JP¥6.48 (vs JP¥7.69 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥6.48 (up from JP¥7.69 loss in 1Q 2022). Revenue: JP¥7.13b (down 2.7% from 1Q 2022). Net income: JP¥120.0m (up JP¥265.0m from 1Q 2022). Profit margin: 1.7% (up from net loss in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Outside director Okitane Usui was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Full year 2022 earnings released: JP¥71.68 loss per share (vs JP¥45.03 profit in FY 2021) Full year 2022 results: JP¥71.68 loss per share (down from JP¥45.03 profit in FY 2021). Revenue: JP¥31.8b (up 1.7% from FY 2021). Net loss: JP¥1.34b (down 253% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • Oct 21
Ateam Inc. to Report Q1, 2023 Results on Dec 09, 2022 Ateam Inc. announced that they will report Q1, 2023 results at 3:00 PM, Tokyo Standard Time on Dec 09, 2022 Buying Opportunity • Sep 22
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥980, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.4% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Sep 12
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: JP¥71.68 loss per share (down from JP¥45.03 profit in FY 2021). Revenue: JP¥31.8b (up 1.7% from FY 2021). Net loss: JP¥1.34b (down 253% from profit in FY 2021). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 07 October 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.1%). Announcement • Jun 19
Ateam Inc. to Report Fiscal Year 2022 Results on Sep 09, 2022 Ateam Inc. announced that they will report fiscal year 2022 results on Sep 09, 2022 Reported Earnings • Jun 12
Third quarter 2022 earnings released: JP¥5.66 loss per share (vs JP¥12.28 profit in 3Q 2021) Third quarter 2022 results: JP¥5.66 loss per share (down from JP¥12.28 profit in 3Q 2021). Revenue: JP¥8.56b (flat on 3Q 2021). Net loss: JP¥105.0m (down 144% from profit in 3Q 2021). Over the next year, revenue is forecast to grow 1.9%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Buying Opportunity • May 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥853, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 0.9% in a year. Earnings is forecast to grow by 43% in the next year.