Reported Earnings • May 20
First quarter 2026 earnings released: JP¥14.73 loss per share (vs JP¥11.36 profit in 1Q 2025) First quarter 2026 results: JP¥14.73 loss per share (down from JP¥11.36 profit in 1Q 2025). Revenue: JP¥2.00b (down 6.0% from 1Q 2025). Net loss: JP¥126.0m (down 231% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥26.78 (vs JP¥29.03 in FY 2024) Full year 2025 results: EPS: JP¥26.78 (down from JP¥29.03 in FY 2024). Revenue: JP¥7.48b (down 16% from FY 2024). Net income: JP¥228.0m (down 6.9% from FY 2024). Profit margin: 3.0% (up from 2.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 13
Mynet Inc., Annual General Meeting, Mar 26, 2026 Mynet Inc., Annual General Meeting, Mar 26, 2026. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥301, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 19x in the Entertainment industry in Japan. Total loss to shareholders of 19% over the past three years. Announcement • Dec 03
Mynet Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026 Mynet Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026 New Risk • Nov 06
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 8.6% 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 Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (JP¥2.37b market cap, or US$15.4m). Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥278, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 23x in the Entertainment industry in Japan. Total loss to shareholders of 40% over the past three years. Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: JP¥7.06 (vs JP¥14.35 in 2Q 2024) Second quarter 2025 results: EPS: JP¥7.06 (down from JP¥14.35 in 2Q 2024). Revenue: JP¥1.81b (down 19% from 2Q 2024). Net income: JP¥60.0m (down 50% from 2Q 2024). Profit margin: 3.3% (down from 5.4% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • May 21
First quarter 2025 earnings released: EPS: JP¥11.36 (vs JP¥18.40 in 1Q 2024) First quarter 2025 results: EPS: JP¥11.36 (down from JP¥18.40 in 1Q 2024). Revenue: JP¥2.13b (down 13% from 1Q 2024). Net income: JP¥96.0m (down 38% from 1Q 2024). Profit margin: 4.5% (down from 6.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥203, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 21x in the Entertainment industry in Japan. Total loss to shareholders of 62% over the past three years. Reported Earnings • Feb 17
Full year 2024 earnings released: EPS: JP¥29.03 (vs JP¥16.97 in FY 2023) Full year 2024 results: EPS: JP¥29.03 (up from JP¥16.97 in FY 2023). Revenue: JP¥8.85b (up 1.5% from FY 2023). Net income: JP¥245.0m (up 71% from FY 2023). Profit margin: 2.8% (up from 1.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Feb 14
Mynet Inc., Annual General Meeting, Mar 27, 2025 Mynet Inc., Annual General Meeting, Mar 27, 2025. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥277, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 25x in the Entertainment industry in Japan. Total loss to shareholders of 44% over the past three years. Buy Or Sell Opportunity • Feb 14
Now 30% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to JP¥277. The fair value is estimated to be JP¥393, 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 has become profitable. Buy Or Sell Opportunity • Jan 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to JP¥317. The fair value is estimated to be JP¥403, 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 has become profitable. Buy Or Sell Opportunity • Dec 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to JP¥318. The fair value is estimated to be JP¥401, 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 has become profitable. Announcement • Dec 14
Mynet Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 Mynet Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 Reported Earnings • Nov 16
Third quarter 2024 earnings released: EPS: JP¥5.09 (vs JP¥1.42 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥5.09 (up from JP¥1.42 loss in 3Q 2023). Revenue: JP¥2.02b (up 8.8% from 3Q 2023). Net income: JP¥43.0m (up JP¥55.0m from 3Q 2023). Profit margin: 2.1% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Announcement • Sep 13
Mynet Inc. to Report Q3, 2024 Results on Nov 12, 2024 Mynet Inc. announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 19
Second quarter 2024 earnings released: EPS: JP¥14.35 (vs JP¥4.63 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥14.35 (up from JP¥4.63 loss in 2Q 2023). Revenue: JP¥2.22b (up 4.9% from 2Q 2023). Net income: JP¥121.0m (up JP¥160.0m from 2Q 2023). Profit margin: 5.4% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as 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 8.8% 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 (8.8% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.75b market cap, or US$12.3m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 37% After last week's 37% share price decline to JP¥208, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 24x in the Entertainment industry in Japan. Total loss to shareholders of 68% over the past three years. Buy Or Sell Opportunity • Aug 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to JP¥288. The fair value is estimated to be JP¥365, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jun 28
Mynet Inc. to Report Q2, 2024 Results on Aug 15, 2024 Mynet Inc. announced that they will report Q2, 2024 results on Aug 15, 2024 Reported Earnings • May 20
First quarter 2024 earnings released: EPS: JP¥18.40 (vs JP¥19.93 in 1Q 2023) First quarter 2024 results: EPS: JP¥18.40 (down from JP¥19.93 in 1Q 2023). Revenue: JP¥2.45b (down 7.7% from 1Q 2023). Net income: JP¥155.0m (down 7.7% from 1Q 2023). Profit margin: 6.3% (in line with 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
Mynet Inc. to Report Q1, 2024 Results on May 15, 2024 Mynet Inc. announced that they will report Q1, 2024 results on May 15, 2024 Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥431, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 23x in the Entertainment industry in Japan. Total loss to shareholders of 42% over the past three years. Reported Earnings • Feb 17
Full year 2023 earnings released: EPS: JP¥16.97 (vs JP¥191 loss in FY 2022) Full year 2023 results: EPS: JP¥16.97 (up from JP¥191 loss in FY 2022). Revenue: JP¥8.72b (down 17% from FY 2022). Net income: JP¥143.0m (up JP¥1.78b from FY 2022). Profit margin: 1.6% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • Feb 16
Mynet Inc., Annual General Meeting, Mar 28, 2024 Mynet Inc., Annual General Meeting, Mar 28, 2024. New Risk • Feb 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 9.0% 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 (9.0% average weekly change). Minor Risk Market cap is less than US$100m (JP¥2.99b market cap, or US$19.9m). Announcement • Dec 05
Mynet Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 Mynet Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 Reported Earnings • Nov 19
Third quarter 2023 earnings released: JP¥1.42 loss per share (vs JP¥20.91 loss in 3Q 2022) Third quarter 2023 results: JP¥1.42 loss per share (improved from JP¥20.91 loss in 3Q 2022). Revenue: JP¥1.85b (down 28% from 3Q 2022). Net loss: JP¥12.0m (loss narrowed 93% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 16
Second quarter 2023 earnings released: JP¥4.63 loss per share (vs JP¥5.26 profit in 2Q 2022) Second quarter 2023 results: JP¥4.63 loss per share (down from JP¥5.26 profit in 2Q 2022). Revenue: JP¥2.12b (down 22% from 2Q 2022). Net loss: JP¥39.0m (down 187% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance. Board Change • Mar 19
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Yuki Ota was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 16
Full year 2022 earnings released: JP¥191 loss per share (vs JP¥26.47 profit in FY 2021) Full year 2022 results: JP¥191 loss per share (down from JP¥26.47 profit in FY 2021). Revenue: JP¥10.5b (flat on FY 2021). Net loss: JP¥1.63b (down JP¥1.86b from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Dec 29
Mynet Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023 Mynet Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023 Reported Earnings • Nov 16
Third quarter 2022 earnings released: JP¥20.91 loss per share (vs JP¥11.63 profit in 3Q 2021) Third quarter 2022 results: JP¥20.91 loss per share (down from JP¥11.63 profit in 3Q 2021). Revenue: JP¥2.56b (up 5.6% from 3Q 2021). Net loss: JP¥177.0m (down 275% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: JP¥5.26 (vs JP¥11.68 in 2Q 2021) Second quarter 2022 results: EPS: JP¥5.26 (down from JP¥11.68 in 2Q 2021). Revenue: JP¥2.70b (up 5.2% from 2Q 2021). Net income: JP¥45.0m (down 55% from 2Q 2021). Profit margin: 1.7% (down from 3.9% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Aug 11
Mynet Inc. (TSE:3928) acquired Basket Count Business of T&S Ltd. Mynet Inc. (TSE:3928) acquired Basket Count Business of T&S Ltd. on August 9, 2022.
Mynet Inc. (TSE:3928) completed the acquisition of Basket Count Business of T&S Ltd. on August 9, 2022. Buying Opportunity • Jul 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥614, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Jun 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.4%. The fair value is estimated to be JP¥625, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jun 12
Mynet Inc. to Report Q2, 2022 Results on Aug 12, 2022 Mynet Inc. announced that they will report Q2, 2022 results on Aug 12, 2022 Announcement • Apr 08
Mynet Inc. to Report Q1, 2022 Results on May 13, 2022 Mynet Inc. announced that they will report Q1, 2022 results on May 13, 2022 Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥26.47 (down from JP¥131 in FY 2020). Revenue: JP¥10.6b (down 8.3% from FY 2020). Net income: JP¥229.0m (down 80% from FY 2020). Profit margin: 2.2% (down from 9.8% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Feb 16
Mynet Inc., Annual General Meeting, Mar 29, 2022 Mynet Inc., Annual General Meeting, Mar 29, 2022. Announcement • Nov 30
Mynet Inc. Provides Earnings Guidance for the Year Ending December 31, 2021 Mynet Inc. provided earning guidance for the year ending December 31, 2021. For the period, the company expects net sales of JPY 11,600 million, operating profit of JPY 750 million, ordinary profit of JPY 700 million and profit attributable to owners of parent JPY 650 million. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥729, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 19x in the Entertainment industry in Japan. Total loss to shareholders of 56% over the past three years. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS JP¥11.63 (vs JP¥43.70 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥2.43b (down 13% from 3Q 2020). Net income: JP¥101.0m (down 73% from 3Q 2020). Profit margin: 4.2% (down from 14% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Sep 24
Mynet Inc. (TSE:3928) agreed to acquire 75% stake in Shiga Lake Stars, K.K. Mynet Inc. (TSE:3928) agreed to acquire 75% stake in Shiga Lake Stars, K.K. on September 22, 2021. For the year ended on June 31, 2021, Shiga Lake Stars reported net assets of ¥0, Total assets of ¥265 million, sales of ¥534 million, operating income of ¥5 million and net loss of ¥21 million. Reported Earnings • May 17
First quarter 2021 earnings released: EPS JP¥26.39 (vs JP¥21.41 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥2.99b (up 2.4% from 1Q 2020). Net income: JP¥227.0m (up 23% from 1Q 2020). Profit margin: 7.6% (up from 6.3% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS JP¥131 (vs JP¥283 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥11.5b (down 1.0% from FY 2019). Net income: JP¥1.13b (up JP¥3.54b from FY 2019). Profit margin: 9.8% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥763, the stock is trading at a trailing P/E ratio of 5.8x, down from the previous P/E ratio of 7.1x. This compares to an average P/E of 30x in the Entertainment industry in Japan. Total return to shareholders over the past three years is a loss of 49%. Is New 90 Day High Low • Feb 15
New 90-day low: JP¥800 The company is down 16% from its price of JP¥953 on 17 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 24% over the same period. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥131 (vs JP¥283 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥11.5b (down 1.0% from FY 2019). Net income: JP¥1.13b (up JP¥3.54b from FY 2019). Profit margin: 9.8% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Dec 30
Mynet Inc. to Report Fiscal Year 2020 Results on Feb 12, 2021 Mynet Inc. announced that they will report fiscal year 2020 results on Feb 12, 2021 Is New 90 Day High Low • Dec 22
New 90-day low: JP¥820 The company is down 43% from its price of JP¥1,451 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. Is New 90 Day High Low • Dec 04
New 90-day low: JP¥926 The company is down 31% from its price of JP¥1,338 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 3.0% over the same period. Announcement • Sep 04
Mynet Inc. to Report Q3, 2020 Results on Nov 12, 2020 Mynet Inc. announced that they will report Q3, 2020 results on Nov 12, 2020