New Risk • Jun 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 6.8% 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: Major Risks Earnings have declined by 3.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (120% 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¥2.16b market cap, or US$13.4m). Announcement • Jun 03
AltPlus Inc. to Report Q3, 2026 Results on Aug 06, 2026 AltPlus Inc. announced that they will report Q3, 2026 results on Aug 06, 2026 Reported Earnings • May 19
Second quarter 2026 earnings released: JP¥1.83 loss per share (vs JP¥2.07 loss in 2Q 2025) Second quarter 2026 results: JP¥1.83 loss per share. Revenue: JP¥682.0m (down 10% from 2Q 2025). Net loss: JP¥145.0m (loss widened 120% from 2Q 2025). Reported Earnings • Feb 14
First quarter 2026 earnings released: JP¥3.13 loss per share (vs JP¥7.15 loss in 1Q 2025) First quarter 2026 results: JP¥3.13 loss per share. Revenue: JP¥649.0m (down 6.2% from 1Q 2025). Net loss: JP¥210.0m (loss widened 36% from 1Q 2025). Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Outside Director Minoru Sengoku was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 30
Full year 2025 earnings released: JP¥12.81 loss per share (vs JP¥22.00 loss in FY 2024) Full year 2025 results: JP¥12.81 loss per share (improved from JP¥22.00 loss in FY 2024). Revenue: JP¥2.90b (down 18% from FY 2024). Net loss: JP¥434.0m (loss narrowed 4.0% from FY 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Dec 02
AltPlus Inc. to Report Q1, 2026 Results on Feb 12, 2026 AltPlus Inc. announced that they will report Q1, 2026 results on Feb 12, 2026 Announcement • Nov 22
AltPlus Inc. (TSE:3672) entered into a capital and business alliance agreement to acquire 13.33% stake in Okazaki Holdings Inc. from Daisuke Okazaki. AltPlus Inc. (TSE:3672) entered into a capital and business alliance agreement to acquire 13.33% stake in Okazaki Holdings Inc. from Daisuke Okazaki on November 20, 2025. In other transaction AltPlus Inc. will acquire 1,600 common shares with 43.48% stake in Okazaki Holdings Inc. Combined deal value is ¥840 million.
The expected completion of the transaction is November 21, 2025. Announcement • Nov 20
AltPlus Inc. announced that it expects to receive ¥7.4 million in funding from Trust Up Co., Ltd., Investment Arm, Evolution Capital Management LLC and other investors AltPlus Inc. announced a private placement to issue 700,000 11th Stock Acquisition Rights at issue price of ¥5 per stock acquisition right for gross proceeds of ¥3,500,000; and 1,300,000 12th Stock Acquisition Rights at issue price of ¥3 per stock acquisition right for gross proceeds of ¥3,900,000; for aggregate gross proceeds of ¥7,400,000 on November 20, 2025. The transaction includes participation from retuning investors G Future No.1 Fund L.P. managed by Trust Up Co., Ltd., Investment Arm for 920,000 12th Stock Acquisition Rights and EVO FUND managed by Evolution Capital Management LLC for 700,000 11th Stock Acquisition Rights, and new investors Takeshi Ishii for 230,000 12th Stock Acquisition Rights and Daisuke Okazaki for 150,000 12th Stock Acquisition Rights. The initial exercise price of 11th stock acquisition right will be ¥59 for an exercise period from December 29, 2025, to June 29, 2027. The initial exercise price of 12th stock acquisition right will be ¥54 for a exercise period from December 29, 2025 to December 30, 2030. The transaction will happen through third party allocation. The issue date will be December 26, 2025. The transaction has been approved at board of director meeting of the company. Reported Earnings • Nov 17
Full year 2025 earnings released: JP¥12.81 loss per share (vs JP¥22.00 loss in FY 2024) Full year 2025 results: JP¥12.81 loss per share (improved from JP¥22.00 loss in FY 2024). Revenue: JP¥2.90b (down 18% from FY 2024). Net loss: JP¥434.0m (loss narrowed 4.0% from FY 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Announcement • Nov 13
AltPlus Inc., Annual General Meeting, Dec 25, 2025 AltPlus Inc., Annual General Meeting, Dec 25, 2025. Announcement • Sep 02
AltPlus Inc. to Report Fiscal Year 2025 Results on Nov 13, 2025 AltPlus Inc. announced that they will report fiscal year 2025 results on Nov 13, 2025 Reported Earnings • Aug 08
Third quarter 2025 earnings released: JP¥2.97 loss per share (vs JP¥5.71 loss in 3Q 2024) Third quarter 2025 results: JP¥2.97 loss per share (improved from JP¥5.71 loss in 3Q 2024). Revenue: JP¥664.0m (down 13% from 3Q 2024). Net loss: JP¥117.0m (loss narrowed 1.7% from 3Q 2024). 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 40% per year, which means it is significantly lagging earnings. Announcement • Jul 02
AltPlus Inc. to Report Q3, 2025 Results on Aug 07, 2025 AltPlus Inc. announced that they will report Q3, 2025 results on Aug 07, 2025 Reported Earnings • May 09
Second quarter 2025 earnings released: JP¥2.07 loss per share (vs JP¥2.46 loss in 2Q 2024) Second quarter 2025 results: JP¥2.07 loss per share. Revenue: JP¥759.0m (down 26% from 2Q 2024). Net loss: JP¥66.0m (loss widened 29% from 2Q 2024). New Risk • Apr 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 78% 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 (16% average weekly change). Earnings have declined by 0.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥1.82b market cap, or US$12.7m). Announcement • Mar 04
AltPlus Inc. to Report Q2, 2025 Results on May 08, 2025 AltPlus Inc. announced that they will report Q2, 2025 results on May 08, 2025 New Risk • Feb 08
New major risk - Revenue and earnings growth Earnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Earnings have declined by 0.2% per year over the past 5 years. Market cap is less than US$10m (JP¥1.04b market cap, or US$6.88m). New Risk • Jan 14
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 7.3% 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 (7.3% average weekly change). Market cap is less than US$10m (JP¥1.24b market cap, or US$7.83m). Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding). Reported Earnings • Dec 31
Full year 2024 earnings released: JP¥22.00 loss per share (vs JP¥23.20 loss in FY 2023) Full year 2024 results: JP¥22.00 loss per share. Revenue: JP¥3.52b (down 20% from FY 2023). Net loss: JP¥452.0m (loss widened 7.6% from FY 2023). New Risk • Dec 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.50b (US$9.52m) 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¥1.50b market cap, or US$9.52m). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Announcement • Nov 30
AltPlus Inc. to Report Q1, 2025 Results on Feb 06, 2025 AltPlus Inc. announced that they will report Q1, 2025 results on Feb 06, 2025 Reported Earnings • Nov 09
Full year 2024 earnings released: JP¥21.99 loss per share (vs JP¥23.20 loss in FY 2023) Full year 2024 results: JP¥21.99 loss per share. Revenue: JP¥3.52b (down 20% from FY 2023). Net loss: JP¥452.0m (loss widened 7.6% from FY 2023). Announcement • Nov 07
AltPlus Inc., Annual General Meeting, Dec 26, 2024 AltPlus Inc., Annual General Meeting, Dec 26, 2024. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Shareholders have been diluted in the past year (7.3% increase in shares outstanding). Market cap is less than US$100m (JP¥2.04b market cap, or US$14.5m). Announcement • Aug 29
AltPlus Inc. to Report Fiscal Year 2024 Results on Nov 07, 2024 AltPlus Inc. announced that they will report fiscal year 2024 results on Nov 07, 2024 Reported Earnings • Aug 13
Third quarter 2024 earnings released: JP¥5.71 loss per share (vs JP¥5.59 loss in 3Q 2023) Third quarter 2024 results: JP¥5.71 loss per share (further deteriorated from JP¥5.59 loss in 3Q 2023). Revenue: JP¥763.0m (down 32% from 3Q 2023). Net loss: JP¥119.0m (loss widened 18% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. 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 8.9% 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 (8.9% average weekly change). Minor Risks Shareholders have been diluted in the past year (7.3% increase in shares outstanding). Market cap is less than US$100m (JP¥1.75b market cap, or US$12.3m). Announcement • Jun 02
AltPlus Inc. to Report Q3, 2024 Results on Aug 08, 2024 AltPlus Inc. announced that they will report Q3, 2024 results on Aug 08, 2024 Reported Earnings • May 11
Second quarter 2024 earnings released: JP¥2.46 loss per share (vs JP¥2.24 loss in 2Q 2023) Second quarter 2024 results: JP¥2.46 loss per share (further deteriorated from JP¥2.24 loss in 2Q 2023). Revenue: JP¥1.02b (down 3.6% from 2Q 2023). Net loss: JP¥51.0m (loss widened 31% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Announcement • Feb 24
AltPlus Inc. to Report Q2, 2024 Results on May 09, 2024 AltPlus Inc. announced that they will report Q2, 2024 results on May 09, 2024 Reported Earnings • Feb 10
First quarter 2024 earnings released: JP¥7.62 loss per share (vs JP¥12.52 loss in 1Q 2023) First quarter 2024 results: JP¥7.62 loss per share (improved from JP¥12.52 loss in 1Q 2023). Revenue: JP¥922.0m (down 15% from 1Q 2023). Net loss: JP¥150.0m (loss narrowed 31% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year whereas the company’s share price has fallen by 30% per year. Reported Earnings • Dec 28
Full year 2023 earnings released: JP¥23.20 loss per share (vs JP¥44.82 loss in FY 2022) Full year 2023 results: JP¥23.20 loss per share (improved from JP¥44.82 loss in FY 2022). Revenue: JP¥4.39b (down 27% from FY 2022). Net loss: JP¥420.0m (loss narrowed 46% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Announcement • Nov 26
AltPlus Inc. to Report Q1, 2024 Results on Feb 08, 2024 AltPlus Inc. announced that they will report Q1, 2024 results on Feb 08, 2024 Announcement • Nov 11
AltPlus Inc., Annual General Meeting, Dec 21, 2023 AltPlus Inc., Annual General Meeting, Dec 21, 2023. Reported Earnings • Nov 11
Full year 2023 earnings released: JP¥23.20 loss per share (vs JP¥44.82 loss in FY 2022) Full year 2023 results: JP¥23.20 loss per share (improved from JP¥44.82 loss in FY 2022). Revenue: JP¥4.39b (down 27% from FY 2022). Net loss: JP¥420.0m (loss narrowed 46% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Sep 02
AltPlus Inc. to Report Fiscal Year 2023 Results on Nov 09, 2023 AltPlus Inc. announced that they will report fiscal year 2023 results on Nov 09, 2023 Reported Earnings • Aug 14
Third quarter 2023 earnings released: JP¥5.59 loss per share (vs JP¥11.26 loss in 3Q 2022) Third quarter 2023 results: JP¥5.59 loss per share (improved from JP¥11.26 loss in 3Q 2022). Revenue: JP¥1.13b (down 24% from 3Q 2022). Net loss: JP¥101.0m (loss narrowed 49% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. New Risk • Jun 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% 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: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (JP¥4.49b market cap, or US$31.4m). Announcement • May 31
AltPlus Inc. to Report Q3, 2023 Results on Aug 10, 2023 AltPlus Inc. announced that they will report Q3, 2023 results on Aug 10, 2023 Reported Earnings • May 14
Second quarter 2023 earnings released: JP¥2.24 loss per share (vs JP¥10.40 loss in 2Q 2022) Second quarter 2023 results: JP¥2.24 loss per share (improved from JP¥10.40 loss in 2Q 2022). Revenue: JP¥1.06b (down 35% from 2Q 2022). Net loss: JP¥39.0m (loss narrowed 79% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% 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. Board Change • Apr 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Minoru Sengoku was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 12
First quarter 2023 earnings released: JP¥12.52 loss per share (vs JP¥11.09 loss in 1Q 2022) First quarter 2023 results: JP¥12.52 loss per share (further deteriorated from JP¥11.09 loss in 1Q 2022). Revenue: JP¥1.08b (down 28% from 1Q 2022). Net loss: JP¥218.0m (loss widened 13% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. Reported Earnings • Dec 28
Full year 2022 earnings released: JP¥44.82 loss per share (vs JP¥22.30 loss in FY 2021) Full year 2022 results: JP¥44.82 loss per share (further deteriorated from JP¥22.30 loss in FY 2021). Revenue: JP¥6.00b (down 18% from FY 2021). Net loss: JP¥780.0m (loss widened 101% from FY 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Announcement • Dec 02
AltPlus Inc. to Report Q1, 2023 Results on Feb 09, 2023 AltPlus Inc. announced that they will report Q1, 2023 results on Feb 09, 2023 Announcement • Nov 30
AltPlus Inc. announced that it has received ¥403.87012 million in funding from Evolution Capital Management, LLC On November 28, 2022, AltPlus Inc. closed the transaction. 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. 3 experienced directors. 6 highly experienced directors. No independent directors (6 non-independent directors). External Director Hiroyuki Honda was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
Full year 2022 earnings released: JP¥44.82 loss per share (vs JP¥22.30 loss in FY 2021) Full year 2022 results: JP¥44.82 loss per share (further deteriorated from JP¥22.30 loss in FY 2021). Revenue: JP¥6.00b (down 18% from FY 2021). Net loss: JP¥780.0m (loss widened 101% from FY 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Nov 12
AltPlus Inc., Annual General Meeting, Dec 22, 2022 AltPlus Inc., Annual General Meeting, Dec 22, 2022. Announcement • Sep 01
AltPlus Inc. to Report Fiscal Year 2022 Results on Nov 10, 2022 AltPlus Inc. announced that they will report fiscal year 2022 results on Nov 10, 2022 Reported Earnings • Aug 14
Third quarter 2022 earnings released: JP¥11.26 loss per share (vs JP¥11.21 loss in 3Q 2021) Third quarter 2022 results: JP¥11.26 loss per share (down from JP¥11.21 loss in 3Q 2021). Revenue: JP¥1.49b (down 13% from 3Q 2021). Net loss: JP¥196.0m (flat on 3Q 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Jun 05
AltPlus Inc. to Report Q3, 2022 Results on Aug 12, 2022 AltPlus Inc. announced that they will report Q3, 2022 results on Aug 12, 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. 3 experienced directors. 6 highly experienced directors. No independent directors (6 non-independent directors). External Director Hiroyuki Honda was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Feb 27
AltPlus Inc. to Report Q2, 2022 Results on May 12, 2022 AltPlus Inc. announced that they will report Q2, 2022 results on May 12, 2022 Announcement • Feb 25
Yosuke Kobayashi agreed to acquire PlaySync Co., Ltd. from AltPlus Inc. (TSE:3672) for ¥1 million. Yosuke Kobayashi agreed to acquire PlaySync Co., Ltd. from AltPlus Inc. (TSE:3672) for ¥1 million on February 24, 2022. PlaySync has a net worth of ¥0.99 million, total assets of ¥1 million and net loss of ¥0.005 million for the Fiscal year ending September 2021. The transaction is expected to close during March 2022. Reported Earnings • Feb 16
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: JP¥11.09 loss per share (down from JP¥3.74 loss in 1Q 2021). Revenue: JP¥1.50b (down 16% from 1Q 2021). Net loss: JP¥193.0m (loss widened 197% from 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Full year 2021 earnings released: JP¥22.29 loss per share (vs JP¥8.02 loss in FY 2020) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥7.29b (up 23% from FY 2020). Net loss: JP¥388.0m (loss widened 179% from FY 2020). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 15
Second quarter 2021 earnings released: EPS JP¥1.03 (vs JP¥7.67 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.11b (up 77% from 2Q 2020). Net income: JP¥18.0m (up JP¥151.0m from 2Q 2020). Profit margin: 0.9% (up from net loss in 2Q 2020). 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 19% per year, which means it is significantly lagging earnings. Announcement • Mar 03
AltPlus Inc. to Report Q2, 2021 Results on May 13, 2021 AltPlus Inc. announced that they will report Q2, 2021 results on May 13, 2021 Is New 90 Day High Low • Feb 18
New 90-day high: JP¥451 The company is up 5.0% from its price of JP¥431 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 25% over the same period. Reported Earnings • Feb 14
First quarter 2021 earnings released: JP¥3.74 loss per share (vs JP¥10.00 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: JP¥1.80b (up 110% from 1Q 2020). Net loss: JP¥65.0m (loss narrowed 62% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 27
Full year 2020 earnings released: JP¥8.02 loss per share The company reported a solid full year result with reduced losses and improved revenues and control over expenses. Full year 2020 results: Revenue: JP¥5.95b (up 42% from FY 2019). Net loss: JP¥139.0m (loss narrowed 87% from FY 2019). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 21
New 90-day low: JP¥413 The company is down 27% from its price of JP¥562 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
AltPlus Inc., Annual General Meeting, Dec 18, 2020 AltPlus Inc., Annual General Meeting, Dec 18, 2020. Announcement • Sep 04
AltPlus Inc. to Report Fiscal Year 2020 Results on Nov 12, 2020 AltPlus Inc. announced that they will report fiscal year 2020 results on Nov 12, 2020 Announcement • Jul 30
Extreme Co.,Ltd. (TSE:6033) completed the acquisition of remaining 49% stake in ex-labo co., Ltd. from AltPlus Inc.(TSE:3672). Extreme Co.,Ltd.(TSE:6033) signed an agreement to acquire remaining 49% stake in ex-labo co., Ltd. from AltPlus Inc.(TSE:3672)for ¥4.9 million on April 23, 2020. AltPlus Inc. will sell 490 shares of ex-labo co., Ltd. Prior to the transaction, Extreme Co.,Ltd. holds 51% stake and AltPlus Inc. holds 49% stake in ex-labo co., Ltd. After the transaction, ex-labo co., Ltd. will operate as a wholly owned subsidiary of Extreme Co.,Ltd. The Board of Directors of AltPlus Inc. passed a resolution for the transaction on April 23, 2020. The transaction is expected to be completed on May 29, 2020. AltPlus Inc. will record an extraordinary income of ¥63.1 million for the third quarter of the fiscal year ending September 30, 2020.
Extreme Co.,Ltd. (TSE:6033) completed the acquisition of remaining 49% stake in ex-labo co., Ltd. from AltPlus Inc.(TSE:3672) on May 29, 2020.