Announcement • May 14
DLE Inc., Annual General Meeting, Jun 29, 2026 DLE Inc., Annual General Meeting, Jun 29, 2026. Reported Earnings • Feb 18
Third quarter 2026 earnings released: JP¥0.74 loss per share (vs JP¥1.51 loss in 3Q 2025) Third quarter 2026 results: JP¥0.74 loss per share (improved from JP¥1.51 loss in 3Q 2025). Revenue: JP¥530.0m (up 11% from 3Q 2025). Net loss: JP¥32.0m (loss narrowed 50% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Dec 27
DLE Inc. to Report Q3, 2026 Results on Feb 16, 2026 DLE Inc. announced that they will report Q3, 2026 results on Feb 16, 2026 Reported Earnings • Nov 18
Second quarter 2026 earnings released: JP¥4.05 loss per share (vs JP¥3.11 loss in 2Q 2025) Second quarter 2026 results: JP¥4.05 loss per share (further deteriorated from JP¥3.11 loss in 2Q 2025). Revenue: JP¥391.0m (down 9.1% from 2Q 2025). Net loss: JP¥176.0m (loss widened 33% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Announcement • Sep 06
DLE Inc. to Report Q2, 2026 Results on Nov 14, 2025 DLE Inc. announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Sep 01
DLE Inc. announced that it has received ¥302.766988 million in funding from Growth Capital, Inc., Next Growth Co., Ltd. On September 1, 2025, DLE Inc closed the transaction. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: JP¥3.18 (vs JP¥4.56 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥3.18 (up from JP¥4.56 loss in 1Q 2025). Revenue: JP¥300.0m (down 35% from 1Q 2025). Net income: JP¥135.0m (up JP¥329.0m from 1Q 2025). Profit margin: 45% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Announcement • Aug 15
Norio Nakayama, Makoto Okubo, Satoshi Kosuge, Yuichi Nagata and Morito Higa acquired Churapps Co.,Ltd. from DLE Inc. (TSE:3686). Norio Nakayama, Makoto Okubo, Satoshi Kosuge, Yuichi Nagata and Morito Higa acquired Churapps Co.,Ltd. from DLE Inc. (TSE:3686) for ¥150 million on August 14, 2025. A cash consideration of ¥10 million will be paid for 3,600 shares and waive off the ¥140 million debt.
For the period ending March 31, 2025, Churapps Co.,Ltd. reported total revenue of ¥239 million, EBIT of ¥2 million and net income of ¥1 million. As of March 31, 2025, Churapps Co.,Ltd. reported total assets of ¥141 million and net liabilities of ¥68 million.
Norio Nakayama, Makoto Okubo, Satoshi Kosuge, Yuichi Nagata and Morito Higa completed the acquisition of Churapps Co.,Ltd. from DLE Inc. (TSE:3686) on August 14, 2025. Board Change • Jul 10
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 Yoichi Yamagishi 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. Reported Earnings • Jul 05
Full year 2025 earnings released: JP¥17.12 loss per share (vs JP¥13.22 loss in FY 2024) Full year 2025 results: JP¥17.12 loss per share (further deteriorated from JP¥13.22 loss in FY 2024). Revenue: JP¥1.98b (up 16% from FY 2024). Net loss: JP¥728.0m (loss widened 30% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 27% per year. Announcement • Jul 02
DLE Inc. announced that it has received ¥100.302228 million in funding from Japan Asia Investment Co., Ltd. On June 30, 2025. DLE Inc. announced that it has closed the transaction. Announcement • Jun 29
DLE Inc. to Report Q1, 2026 Results on Aug 14, 2025 DLE Inc. announced that they will report Q1, 2026 results on Aug 14, 2025 Announcement • Jun 13
DLE Inc. announced that it expects to receive ¥100.302228 million in funding from Japan Asia Investment Co., Ltd. DLE Inc. announced a private placement of 740,740 shares at a price of ¥135 for gross proceeds of ¥99,999,900 and 1,935 units (100 shares per stock acquisition right) 22nd stock acquisition rights at a price of ¥96 for gross proceeds of ¥185,760, and 9,714 units (100 shares per stock acquisition right 23rd stock acquisition rights at a price of ¥116,568 for gross proceeds of ¥116,568 on June 13, 2025.The potential shares from issuance of 22nd stock acquisition right will be 193,500 and 971,400 for 23rd stock acquisition rights. The initial exercise price of stock acquisition right will be ¥155 for 22nd stock acquisition rights and ¥175 for 23rd stock acquisition rights. The exercise period will be from The period will be from July 1, 2025 to January 31, 2027 for 22nd stock acquisition rights and July 1, 2025 to January 31, 2027 for 23rd stock acquisition rights. The transaction includes participation from JAIC-Web3 Fund and Japan Asia Investment. The transaction is approved by board of directors of the company. The transaction is expected to close on June30, 2025. Reported Earnings • May 21
Full year 2025 earnings released: JP¥17.12 loss per share (vs JP¥13.22 loss in FY 2024) Full year 2025 results: JP¥17.12 loss per share (further deteriorated from JP¥13.22 loss in FY 2024). Revenue: JP¥1.98b (up 16% from FY 2024). Net loss: JP¥728.0m (loss widened 30% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 25% per year. Announcement • May 15
DLE Inc., Annual General Meeting, Jun 23, 2025 DLE Inc., Annual General Meeting, Jun 23, 2025. New Risk • Apr 07
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 7.6% 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 (7.6% average weekly change). Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥3.91b market cap, or US$26.7m). Announcement • Mar 04
DLE Inc. to Report Fiscal Year 2025 Results on May 12, 2025 DLE Inc. announced that they will report fiscal year 2025 results on May 12, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: JP¥1.51 loss per share (vs JP¥3.53 loss in 3Q 2024) Third quarter 2025 results: JP¥1.51 loss per share (improved from JP¥3.53 loss in 3Q 2024). Revenue: JP¥479.0m (up 20% from 3Q 2024). Net loss: JP¥64.0m (loss narrowed 57% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. New Risk • Jan 12
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 (7.3% average weekly change). Minor Risk Market cap is less than US$100m (JP¥5.40b market cap, or US$34.2m). Announcement • Dec 10
DLE Inc. to Report Q3, 2025 Results on Feb 10, 2025 DLE Inc. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: JP¥3.11 loss per share (vs JP¥3.81 loss in 2Q 2024) Second quarter 2025 results: JP¥3.11 loss per share (improved from JP¥3.81 loss in 2Q 2024). Revenue: JP¥430.0m (up 12% from 2Q 2024). Net loss: JP¥132.0m (loss narrowed 19% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 29% per year. Announcement • Sep 21
DLE Inc. to Report Q2, 2025 Results on Nov 11, 2024 DLE Inc. announced that they will report Q2, 2025 results on Nov 11, 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 (12% average weekly change). Minor Risk Market cap is less than US$100m (JP¥5.02b market cap, or US$35.7m). 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 9.6% 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 (9.6% average weekly change). Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥4.00b market cap, or US$28.1m). Reported Earnings • Jun 28
Full year 2024 earnings released: JP¥12.23 loss per share (vs JP¥13.71 loss in FY 2023) Full year 2024 results: JP¥12.23 loss per share (improved from JP¥13.71 loss in FY 2023). Revenue: JP¥1.71b (down 16% from FY 2023). Net loss: JP¥520.0m (loss narrowed 11% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 16
Full year 2024 earnings released: JP¥12.23 loss per share (vs JP¥13.71 loss in FY 2023) Full year 2024 results: JP¥12.23 loss per share (improved from JP¥13.71 loss in FY 2023). Revenue: JP¥1.71b (down 16% from FY 2023). Net loss: JP¥520.0m (loss narrowed 11% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • May 15
DLE Inc., Annual General Meeting, Jun 24, 2024 DLE Inc., Annual General Meeting, Jun 24, 2024. Announcement • Apr 26
DLE Inc. (TSE:3686) agreed to acquire 55% stake in Amadana Sports Entertainment Co., Ltd. from Amadana Corporation DLE Inc. (TSE:3686) agreed to acquire 55% stake in Amadana Sports Entertainment Co., Ltd. from Amadana Corporation on April 24, 2024. Reported Earnings • Feb 15
Third quarter 2024 earnings released: JP¥3.39 loss per share (vs JP¥2.63 loss in 3Q 2023) Third quarter 2024 results: JP¥3.39 loss per share (further deteriorated from JP¥2.63 loss in 3Q 2023). Revenue: JP¥400.0m (down 14% from 3Q 2023). Net loss: JP¥144.0m (loss widened 29% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Announcement • Dec 16
DLE Inc. to Report Q3, 2024 Results on Feb 13, 2024 DLE Inc. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: JP¥3.81 loss per share (vs JP¥2.36 loss in 2Q 2023) Second quarter 2024 results: JP¥3.81 loss per share (further deteriorated from JP¥2.36 loss in 2Q 2023). Revenue: JP¥385.0m (down 23% from 2Q 2023). Net loss: JP¥162.0m (loss widened 62% from 2Q 2023). Announcement • Sep 28
DLE Inc. to Report Q2, 2024 Results on Nov 08, 2023 DLE Inc. announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥0.26 (vs JP¥2.95 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥0.26 (up from JP¥2.95 loss in 1Q 2023). Revenue: JP¥380.0m (up 3.8% from 1Q 2023). Net income: JP¥11.0m (up JP¥136.0m from 1Q 2023). Profit margin: 2.9% (up from net loss in 1Q 2023). The move to profitability was primarily driven by lower expenses. Board Change • Jul 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. 4 non-independent directors. Independent Outside Director Yoichi Yamagishi 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. Reported Earnings • May 18
Full year 2023 earnings released: JP¥13.71 loss per share (vs JP¥7.44 loss in FY 2022) Full year 2023 results: JP¥13.71 loss per share (further deteriorated from JP¥7.44 loss in FY 2022). Revenue: JP¥2.02b (up 23% from FY 2022). Net loss: JP¥582.0m (loss widened 85% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • May 14
DLE Inc., Annual General Meeting, Jun 26, 2023 DLE Inc., Annual General Meeting, Jun 26, 2023. Announcement • May 09
DLE Inc. to Report Fiscal Year 2023 Results on May 12, 2023 DLE Inc. announced that they will report fiscal year 2023 results on May 12, 2023 Reported Earnings • Feb 14
Third quarter 2023 earnings released: JP¥2.63 loss per share (vs JP¥1.94 loss in 3Q 2022) Third quarter 2023 results: JP¥2.63 loss per share (further deteriorated from JP¥1.94 loss in 3Q 2022). Revenue: JP¥466.0m (up 8.6% from 3Q 2022). Net loss: JP¥112.0m (loss widened 37% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 18
Second quarter 2023 earnings released: JP¥2.36 loss per share (vs JP¥2.13 loss in 2Q 2022) Second quarter 2023 results: JP¥2.36 loss per share (further deteriorated from JP¥2.13 loss in 2Q 2022). Revenue: JP¥498.0m (up 21% from 2Q 2022). Net loss: JP¥100.0m (loss widened 11% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Announcement • Sep 28
DLE Inc. to Report Q2, 2023 Results on Nov 14, 2022 DLE Inc. announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 09
First quarter 2023 earnings released: JP¥2.95 loss per share (vs JP¥3.19 loss in 1Q 2022) First quarter 2023 results: JP¥2.95 loss per share (up from JP¥3.19 loss in 1Q 2022). Revenue: JP¥366.0m (up 48% from 1Q 2022). Net loss: JP¥125.0m (loss narrowed 7.4% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. Announcement • Jun 30
DLE Inc. to Report Q1, 2023 Results on Aug 08, 2022 DLE Inc. announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • Jun 23
Full year 2022 earnings released: JP¥7.44 loss per share (vs JP¥12.14 loss in FY 2021) Full year 2022 results: JP¥7.44 loss per share (up from JP¥12.14 loss in FY 2021). Revenue: JP¥1.64b (up 47% from FY 2021). Net loss: JP¥315.0m (loss narrowed 39% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 18
DLE Inc. (TSE:3686) agreed to acquire a 40% stake in MyFeel Inc. from group of individual sellers for approximately ¥200 million. DLE Inc. (TSE:3686) agreed to acquire a 40% stake in MyFeel Inc. from group of individual sellers for approximately ¥200 million on May 16, 2022. As part of the transaction, DLE Inc. will acquire 150,000 shares from Chengding Guo, Jianhan Ye, Songyuan Liu, Tenghui Huang, Rongya Xie, Dewei Wu, Bainian He, Dahan Lin, Jingkai Lin and Tingwen Yang, of which Chengding Guo holds 57.1% and Jianhan Ye holds 17.1% stake in MyFeel. For the Fiscal year ended December 2021, MyFeel reported Net assets of ¥58 million, Total assets of ¥94 million, Sales of ¥391 million, Operating profit of ¥44 million and Net income ¥44 million. The transaction is resolved by the board of DLE Inc. The contract closing date is May 23, 2022 and the execution of share transfer is June, 2022. Reported Earnings • May 18
Full year 2022 earnings released: JP¥7.44 loss per share (vs JP¥12.14 loss in FY 2021) Full year 2022 results: JP¥7.44 loss per share (up from JP¥12.14 loss in FY 2021). Revenue: JP¥1.64b (up 47% from FY 2021). Net loss: JP¥315.0m (loss narrowed 39% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Announcement • May 18
DLE Inc., Annual General Meeting, Jun 20, 2022 DLE Inc., Annual General Meeting, Jun 20, 2022. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Founder, Executive Officer, COO, CIO & Director Ryuta Shiiki is the most experienced director on the board, commencing their role in 2001. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 08
DLE Inc. to Report Fiscal Year 2022 Results on May 16, 2022 DLE Inc. announced that they will report fiscal year 2022 results on May 16, 2022 Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥1.94 loss per share (up from JP¥2.03 loss in 3Q 2021). Revenue: JP¥429.0m (down 5.3% from 3Q 2021). Net loss: JP¥82.0m (loss narrowed 4.7% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year and the company’s share price has also increased by 16% per year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: JP¥2.13 loss per share (vs JP¥2.03 loss in 2Q 2021) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2022 results: Revenue: JP¥411.0m (down 9.3% from 2Q 2021). Net loss: JP¥90.0m (loss widened 4.7% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 26
Full year 2021 earnings released: JP¥12.14 loss per share (vs JP¥17.83 profit in FY 2020) The company reported a mediocre full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥1.12b (up 46% from FY 2020). Net loss: JP¥514.0m (down 174% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
Full year 2021 earnings released: JP¥11.27 loss per share (vs JP¥17.83 profit in FY 2020) The company reported a mediocre full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥1.12b (up 46% from FY 2020). Net loss: JP¥477.0m (down 169% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 15
New 90-day low: JP¥334 The company is down 26% from its price of JP¥453 on 16 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 Media industry, which is up 7.0% over the same period. Valuation Update With 7 Day Price Move • Dec 10
Market pulls back on stock over the past week After last week's 22% share price decline to JP¥337, the stock is trading at a trailing P/E ratio of 18.9x, down from the previous P/E ratio of 24.2x. This compares to an average P/E of 25x in the Media industry in Japan. Total return to shareholders over the past three years is a loss of 35%. Announcement • Dec 04
DLE Inc. to Report Q3, 2021 Results on Feb 08, 2021 DLE Inc. announced that they will report Q3, 2021 results on Feb 08, 2021 Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 20% share price gain to JP¥432, the stock is trading at a trailing P/E ratio of 24.2x, up from the previous P/E ratio of 20.2x. This compares to an average P/E of 26x in the Media industry in Japan. Total return to shareholders over the past three years is a loss of 16%. Announcement • Sep 19
DLE Inc. to Report Q2, 2021 Results on Nov 06, 2020 DLE Inc. announced that they will report Q2, 2021 results on Nov 06, 2020 Announcement • Jun 29
DLE Inc. to Report Q1, 2021 Results on Aug 03, 2020 DLE Inc. announced that they will report Q1, 2021 results on Aug 03, 2020