Reported Earnings • May 20
First quarter 2026 earnings released: JP¥2.42 loss per share (vs JP¥1.90 loss in 1Q 2025) First quarter 2026 results: JP¥2.42 loss per share (further deteriorated from JP¥1.90 loss in 1Q 2025). Revenue: JP¥689.0m (down 3.9% from 1Q 2025). Net loss: JP¥205.0m (loss widened 103% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. New Risk • May 18
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 Share price has been highly volatile over the past 3 months (10% average weekly change). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥2.37b market cap, or US$14.9m). Announcement • May 16
Wize Inc. announced that it expects to receive ¥1.8 million in funding from Evolution Capital Management LLC Wize Inc. announced a private placement of 600,000 units of Series 39 Stock Acquisition Rights at an issue price of ¥3 for gross proceeds of ¥1,800,000 on May 15, 2026. The transaction involves participation from returning investor EVO FUND by a third-party allocation. The SARs are exercisable into 60,000,000 shares of common stock, 100 shares per SAR at an exercise price of ¥33. There is no upper limit exercise price and the lower limit exercise price is ¥17, but even at the lower limit exercise price, the potential number of shares remains 60,000,000 shares with amount of funds to be raise is ¥1,966,330,000 on dilution basis. ) The exercise price will be adjusted for the first time two trading days after the allotment date of these stock acquisition rights ), and thereafter adjusted every five trading days thereafter. The SARs are exercisable from June 2, 2026 -till June 2, 2027. The company had paid ¥15,470,000 with net proceeds of ¥1,966,330,000. The estimated issuance expenses do not include consumption tax and local consumption tax. The transaction has been approved by the shareholders of the company. The transaction is expected to close on June 1, 2026. New Risk • Apr 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 62% 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 Risk Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (JP¥2.79b market cap, or US$17.6m). Reported Earnings • Feb 16
Full year 2025 earnings released: JP¥8.20 loss per share (vs JP¥3.73 loss in FY 2024) Full year 2025 results: JP¥8.20 loss per share (further deteriorated from JP¥3.73 loss in FY 2024). Revenue: JP¥2.81b (down 8.6% from FY 2024). Net loss: JP¥526.0m (loss widened 211% from FY 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Feb 13
Mobcast Holdings Inc., Annual General Meeting, Mar 24, 2026 Mobcast Holdings Inc., Annual General Meeting, Mar 24, 2026. New Risk • Jan 09
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 28% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (JP¥2.27b market cap, or US$14.4m). Announcement • Jan 06
Mobcast Holdings Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026 Mobcast Holdings Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026 Reported Earnings • Nov 19
Third quarter 2025 earnings released: JP¥1.63 loss per share (vs JP¥2.40 loss in 3Q 2024) Third quarter 2025 results: JP¥1.63 loss per share (improved from JP¥2.40 loss in 3Q 2024). Revenue: JP¥632.0m (down 1.4% from 3Q 2024). Net loss: JP¥97.0m (loss narrowed 9.3% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Aug 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% 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 Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥3.40b market cap, or US$23.1m). Reported Earnings • Aug 16
Second quarter 2025 earnings released: JP¥1.43 loss per share (vs JP¥1.01 loss in 2Q 2024) Second quarter 2025 results: JP¥1.43 loss per share (further deteriorated from JP¥1.01 loss in 2Q 2024). Revenue: JP¥720.0m (down 6.0% from 2Q 2024). Net loss: JP¥84.0m (loss widened 87% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • May 21
First quarter 2025 earnings released: JP¥1.90 loss per share (vs JP¥2.60 profit in 1Q 2024) First quarter 2025 results: JP¥1.90 loss per share (down from JP¥2.60 profit in 1Q 2024). Revenue: JP¥717.0m (down 22% from 1Q 2024). Net loss: JP¥101.0m (down 187% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. New Risk • Mar 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (JP¥1.88b market cap, or US$12.6m). Reported Earnings • Feb 16
Full year 2024 earnings released: JP¥3.73 loss per share (vs JP¥8.51 loss in FY 2023) Full year 2024 results: JP¥3.73 loss per share (improved from JP¥8.51 loss in FY 2023). Revenue: JP¥3.07b (down 8.9% from FY 2023). Net loss: JP¥169.0m (loss narrowed 56% from FY 2023). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Feb 14
Mobcast Holdings Inc., Annual General Meeting, Mar 26, 2025 Mobcast Holdings Inc., Annual General Meeting, Mar 26, 2025. New Risk • Dec 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.8% This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (7.2% average weekly change). Minor Risks Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (JP¥1.61b market cap, or US$10.2m). New Risk • Dec 25
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 7.4% 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 Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risk Market cap is less than US$100m (JP¥1.58b market cap, or US$10.0m). New Risk • Dec 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.53b (US$9.77m) 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 Risk Market cap is less than US$10m (JP¥1.53b market cap, or US$9.77m). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Aug 19
Second quarter 2024 earnings released: JP¥1.01 loss per share (vs JP¥1.86 loss in 2Q 2023) Second quarter 2024 results: JP¥1.01 loss per share (improved from JP¥1.86 loss in 2Q 2023). Revenue: JP¥766.0m (down 11% from 2Q 2023). Net loss: JP¥45.0m (loss narrowed 46% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • May 21
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 5.8% 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 Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥2.46b market cap, or US$15.7m). Reported Earnings • May 20
First quarter 2024 earnings released: EPS: JP¥2.60 (vs JP¥0.58 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥2.60 (up from JP¥0.58 loss in 1Q 2023). Revenue: JP¥919.0m (flat on 1Q 2023). Net income: JP¥116.0m (up JP¥142.0m from 1Q 2023). Profit margin: 13% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 17
Full year 2023 earnings released: JP¥8.51 loss per share (vs JP¥12.33 loss in FY 2022) Full year 2023 results: JP¥8.51 loss per share (improved from JP¥12.33 loss in FY 2022). Revenue: JP¥3.37b (down 6.0% from FY 2022). Net loss: JP¥380.0m (loss narrowed 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Feb 16
Mobcast Holdings Inc., Annual General Meeting, Mar 26, 2024 Mobcast Holdings Inc., Annual General Meeting, Mar 26, 2024. New Risk • Feb 10
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 7.7% 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 Risk Share price has been highly volatile over the past 3 months (7.7% average weekly change). Minor Risk Market cap is less than US$100m (JP¥2.50b market cap, or US$16.7m). Announcement • Dec 28
Mobcast Holdings Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 Mobcast Holdings Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 Reported Earnings • Nov 17
Third quarter 2023 earnings released: JP¥1.90 loss per share (vs JP¥3.72 loss in 3Q 2022) Third quarter 2023 results: JP¥1.90 loss per share (improved from JP¥3.72 loss in 3Q 2022). Revenue: JP¥800.0m (down 4.1% from 3Q 2022). Net loss: JP¥85.0m (loss narrowed 36% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 17
Second quarter 2023 earnings released: JP¥1.86 loss per share (vs JP¥3.40 loss in 2Q 2022) Second quarter 2023 results: JP¥1.86 loss per share (improved from JP¥3.40 loss in 2Q 2022). Revenue: JP¥861.0m (down 5.6% from 2Q 2022). Net loss: JP¥83.0m (loss narrowed 30% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 31
Full year 2022 earnings released: JP¥12.33 loss per share (vs JP¥34.56 loss in FY 2021) Full year 2022 results: JP¥12.33 loss per share (improved from JP¥34.56 loss in FY 2021). Revenue: JP¥3.59b (down 21% from FY 2021). Net loss: JP¥448.0m (loss narrowed 59% from FY 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Feb 15
Mobcast Holdings Inc., Annual General Meeting, Mar 24, 2023 Mobcast Holdings Inc., Annual General Meeting, Mar 24, 2023. Reported Earnings • Feb 15
Full year 2022 earnings released: JP¥12.33 loss per share (vs JP¥34.56 loss in FY 2021) Full year 2022 results: JP¥12.33 loss per share (improved from JP¥34.56 loss in FY 2021). Revenue: JP¥3.59b (down 21% from FY 2021). Net loss: JP¥448.0m (loss narrowed 59% from FY 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Announcement • Dec 06
Mobcast Holdings Inc. to Report Fiscal Year 2022 Results on Feb 13, 2023 Mobcast Holdings Inc. announced that they will report fiscal year 2022 results on Feb 13, 2023 Reported Earnings • Nov 16
Third quarter 2022 earnings released: JP¥3.72 loss per share (vs JP¥6.47 loss in 3Q 2021) Third quarter 2022 results: JP¥3.72 loss per share (improved from JP¥6.47 loss in 3Q 2021). Revenue: JP¥834.0m (down 23% from 3Q 2021). Net loss: JP¥132.0m (loss narrowed 35% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Katsuhiko Handa was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
Second quarter 2022 earnings released: JP¥3.40 loss per share (vs JP¥2.27 loss in 2Q 2021) Second quarter 2022 results: JP¥3.40 loss per share (down from JP¥2.27 loss in 2Q 2021). Revenue: JP¥912.0m (down 22% from 2Q 2021). Net loss: JP¥119.0m (loss widened 75% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Katsuhiko Handa was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 02
Full year 2021 earnings released: JP¥34.56 loss per share (vs JP¥26.80 loss in FY 2020) Full year 2021 results: JP¥34.56 loss per share (down from JP¥26.80 loss in FY 2020). Revenue: JP¥4.54b (down 32% from FY 2020). Net loss: JP¥1.09b (loss widened 52% from FY 2020). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: JP¥34.56 loss per share (down from JP¥26.80 loss in FY 2020). Revenue: JP¥4.54b (down 32% from FY 2020). Net loss: JP¥1.09b (loss widened 52% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Announcement • Feb 16
Mobcast Holdings Inc., Annual General Meeting, Mar 25, 2022 Mobcast Holdings Inc., Annual General Meeting, Mar 25, 2022. Reported Earnings • Nov 12
Third quarter 2021 earnings released: JP¥6.47 loss per share (vs JP¥31.78 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥1.08b (down 23% from 3Q 2020). Net loss: JP¥202.0m (loss narrowed 77% from 3Q 2020). 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 41% per year, which means it is significantly lagging earnings. Announcement • Jun 08
Mobcast Holdings Inc. announced that it has received ¥3.3 million in funding from SBI Securities Co., Ltd., Investment Arm On June 7, 2021, Mobcast Holdings Inc. (TSE:3664) closed the transaction. Reported Earnings • May 16
First quarter 2021 earnings released: JP¥2.87 loss per share (vs JP¥9.40 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: JP¥1.21b (down 41% from 1Q 2020). Net loss: JP¥86.0m (loss narrowed 62% from 1Q 2020). 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 43% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 03
Full year 2020 earnings released: JP¥26.80 loss per share (vs JP¥69.64 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were flat. Full year 2020 results: Revenue: JP¥6.66b (flat on FY 2019). Net loss: JP¥721.0m (loss narrowed 50% from FY 2019). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Announcement • Feb 28
Mobcast Holdings Inc. to Report Q1, 2021 Results on May 13, 2021 Mobcast Holdings Inc. announced that they will report Q1, 2021 results on May 13, 2021 Reported Earnings • Feb 14
Full year 2020 earnings released: JP¥26.80 loss per share (vs JP¥69.64 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were flat. Full year 2020 results: Revenue: JP¥6.66b (flat on FY 2019). Net loss: JP¥721.0m (loss narrowed 50% from FY 2019). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥134 The company is down 24% from its price of JP¥176 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 10.0% over the same period. Announcement • Dec 05
Mobcast Holdings Inc. to Report Fiscal Year 2020 Results on Feb 12, 2021 Mobcast Holdings Inc. announced that they will report fiscal year 2020 results on Feb 12, 2021 Announcement • Aug 21
T2 Co., Ltd. completed the acquisition of Tom's Co., Ltd. from Mobcast Holdings Inc. (TSE:3664). T2 Co., Ltd. agreed to acquire Tom's Co., Ltd. from Mobcast Holdings Inc. (TSE:3664) for ¥800 million on June 25, 2020. T2 Co., Ltd. will acquire 0.196 million shares, representing 80% stake in Tom's Co., Ltd. Tom's Co., Ltd.has net worth of ¥253 million, total assets ¥2.5 billion, operating income of ¥2.4 billion and net loss of ¥290 million. T2 Co., Ltd. is plans to sign an agreement on June 26, 2020. The Board of Directors of Mobcast Holdings Inc. resolved the transaction. The transaction is expected to complete on June 26, 2020.
T2 Co., Ltd. completed the acquisition of Tom's Co., Ltd. from Mobcast Holdings Inc. (TSE:3664) on July 7, 2020.