VALUE GOLF Inc.

TSE:3931 Stock Report

Market Cap: JP¥2.7b

VALUE GOLF Past Earnings Performance

Past criteria checks 4/6

VALUE GOLF's earnings have been declining at an average annual rate of -36.5%, while the Media industry saw earnings growing at 9.3% annually. Revenues have been declining at an average rate of 0.02% per year. VALUE GOLF's return on equity is 0.3%, and it has net margins of 0.07%.

Key information

-36.48%

Earnings growth rate

-36.49%

EPS growth rate

Media Industry Growth9.30%
Revenue growth rate-0.023%
Return on equity0.29%
Net Margin0.068%
Last Earnings Update30 Apr 2026

Recent past performance updates

Recent updates

Analysis Article • Jul 23

VALUE GOLF Inc.'s (TSE:3931) Shares Climb 25% But Its Business Is Yet to Catch Up

VALUE GOLF Inc. ( TSE:3931 ) shareholders have had their patience rewarded with a 25% share price jump in the last...
Analysis Article • May 07

VALUE GOLF Inc.'s (TSE:3931) 27% Price Boost Is Out Of Tune With Revenues

Despite an already strong run, VALUE GOLF Inc. ( TSE:3931 ) shares have been powering on, with a gain of 27% in the...
Analysis Article • Mar 18

VALUE GOLF Inc. (TSE:3931) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected

VALUE GOLF Inc. ( TSE:3931 ) shareholders have had their patience rewarded with a 33% share price jump in the last...
Analysis Article • Aug 08

Earnings Not Telling The Story For VALUE GOLF Inc. (TSE:3931)

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 12x, you may consider VALUE...

Revenue & Expenses Breakdown

How VALUE GOLF makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:3931 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Apr 264,41531,4860
31 Jan 264,426-71,4980
31 Oct 254,423-21,4460
31 Jul 254,400181,4320
30 Apr 254,32121,4190
31 Jan 254,12751,3790
31 Oct 243,996641,3480
31 Jul 243,944291,3090
30 Apr 243,798331,2650
31 Jan 243,656221,2370
31 Oct 233,77641,2360
31 Jul 233,927401,2280
30 Apr 234,217721,2450
31 Jan 234,4431141,2480
31 Oct 224,5361551,2760
31 Jul 224,4701681,2920
30 Apr 224,3541461,2990
31 Jan 224,2831231,3040
31 Oct 214,268481,2930
31 Jul 214,21961,2730
30 Apr 214,158-51,2570
31 Jan 214,271-481,2560
31 Oct 204,643591,2770
31 Jul 204,950491,2960
30 Apr 205,358531,3060
31 Jan 205,647611,3110
31 Oct 195,842631,2530
31 Jul 195,927811,2040
30 Apr 195,268831,0990
31 Jan 194,5851029990
31 Oct 183,727729270
31 Jul 183,084898550
30 Apr 183,1241228350
31 Jan 183,1101398140
31 Oct 172,9231277770
31 Jul 172,6351017610
30 Apr 172,078816890
31 Jan 171,586586490
31 Oct 161,260776060
31 Jan 16997945370

Quality Earnings: 3931 has a large one-off loss of ¥39.0M impacting its last 12 months of financial results to 30th April, 2026.

Growing Profit Margin: 3931's current net profit margins (0.07%) are higher than last year (0.05%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3931 has become profitable over the past 5 years, growing earnings by -36.5% per year.

Accelerating Growth: 3931's earnings growth over the past year (50%) exceeds its 5-year average (-36.5% per year).

Earnings vs Industry: 3931 earnings growth over the past year (50%) exceeded the Media industry 22.3%.

Return on Equity

High ROE: 3931's Return on Equity (0.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 14:40
End of Day Share Price 2026/09/14 00:00
Earnings2026/04/30
Annual Earnings2026/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VALUE GOLF Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nobuo KurahashiIchiyoshi Research Institute Inc.