Reported Earnings • May 19
Second quarter 2026 earnings released: EPS: JP¥3.36 (vs JP¥1.42 in 2Q 2025) Second quarter 2026 results: EPS: JP¥3.36 (up from JP¥1.42 in 2Q 2025). Revenue: JP¥111.0m (flat on 2Q 2025). Net income: JP¥10.0m (up 150% from 2Q 2025). Profit margin: 9.0% (up from 3.6% in 2Q 2025). 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 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥391, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 20x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 22% over the past three years. Reported Earnings • Feb 16
First quarter 2026 earnings released: JP¥0.69 loss per share (vs JP¥1.07 loss in 1Q 2025) First quarter 2026 results: JP¥0.69 loss per share (improved from JP¥1.07 loss in 1Q 2025). Revenue: JP¥122.0m (up 11% from 1Q 2025). Net loss: JP¥2.00m (loss narrowed 33% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Dec 27
Magmag, Inc. to Report Q1, 2026 Results on Feb 13, 2026 Magmag, Inc. announced that they will report Q1, 2026 results on Feb 13, 2026 Reported Earnings • Nov 17
Full year 2025 earnings released: EPS: JP¥4.96 (vs JP¥29.84 loss in FY 2024) Full year 2025 results: EPS: JP¥4.96 (up from JP¥29.84 loss in FY 2024). Revenue: JP¥438.0m (down 3.5% from FY 2024). Net income: JP¥14.0m (up JP¥98.0m from FY 2024). Profit margin: 3.2% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Nov 13
Magmag, Inc., Annual General Meeting, Dec 22, 2025 Magmag, Inc., Annual General Meeting, Dec 22, 2025. New Risk • Nov 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.54b (US$9.98m) 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (JP¥1.54b market cap, or US$9.98m). Minor Risk Revenue is less than US$5m (JP¥429m revenue, or US$2.8m). Announcement • Sep 25
Magmag, Inc. to Report Fiscal Year 2025 Results on Nov 13, 2025 Magmag, Inc. announced that they will report fiscal year 2025 results on Nov 13, 2025 New Risk • Aug 22
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 6.3% 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 Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Revenue is less than US$5m (JP¥429m revenue, or US$2.9m). Market cap is less than US$100m (JP¥1.98b market cap, or US$13.3m). Reported Earnings • Aug 16
Third quarter 2025 earnings released: EPS: JP¥0.35 (vs JP¥0.35 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥0.35 (up from JP¥0.35 loss in 3Q 2024). Revenue: JP¥97.0m (down 14% from 3Q 2024). Net income: JP¥1.00m (up JP¥2.00m from 3Q 2024). Profit margin: 1.0% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Jul 07
Magmag, Inc. to Report Q3, 2025 Results on Aug 14, 2025 Magmag, Inc. announced that they will report Q3, 2025 results on Aug 14, 2025 Reported Earnings • May 20
First half 2025 earnings released: EPS: JP¥0.35 (vs JP¥1.07 in 1H 2024) First half 2025 results: EPS: JP¥0.35 (down from JP¥1.07 in 1H 2024). Revenue: JP¥220.0m (down 3.9% from 1H 2024). Net income: JP¥1.00m (down 67% from 1H 2024). Profit margin: 0.5% (down from 1.3% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. New Risk • Apr 04
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 5.4% 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 75% per year over the past 5 years. Market cap is less than US$10m (JP¥1.23b market cap, or US$8.46m). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Revenue is less than US$5m (JP¥450m revenue, or US$3.1m). New Risk • Apr 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.50b (US$9.99m) 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 Risks Earnings have declined by 75% per year over the past 5 years. Market cap is less than US$10m (JP¥1.50b market cap, or US$9.99m). Minor Risk Revenue is less than US$5m (JP¥450m revenue, or US$3.0m). Announcement • Mar 08
Magmag, Inc. to Report Q2, 2025 Results on May 14, 2025 Magmag, Inc. announced that they will report Q2, 2025 results on May 14, 2025 Reported Earnings • Feb 17
First quarter 2025 earnings released: JP¥1.07 loss per share (vs JP¥0.34 loss in 1Q 2024) First quarter 2025 results: JP¥1.07 loss per share (further deteriorated from JP¥0.34 loss in 1Q 2024). Revenue: JP¥110.0m (down 3.5% from 1Q 2024). Net loss: JP¥3.00m (flat on 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. New Risk • Feb 02
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 5.1% 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 Risk Earnings have declined by 76% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Revenue is less than US$5m (JP¥454m revenue, or US$2.9m). Market cap is less than US$100m (JP¥1.63b market cap, or US$10.5m). Announcement • Jan 17
Magmag, Inc. to Report Q1, 2025 Results on Feb 14, 2025 Magmag, Inc. announced that they will report Q1, 2025 results on Feb 14, 2025 New Risk • Dec 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.54b (US$9.94m) 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 Risks Earnings have declined by 76% per year over the past 5 years. Market cap is less than US$10m (JP¥1.54b market cap, or US$9.94m). Minor Risk Revenue is less than US$5m (JP¥454m revenue, or US$2.9m). Announcement • Nov 13
Magmag, Inc., Annual General Meeting, Dec 19, 2024 Magmag, Inc., Annual General Meeting, Dec 19, 2024. Announcement • Sep 27
Magmag, Inc. to Report Fiscal Year 2024 Results on Nov 13, 2024 Magmag, Inc. announced that they will report fiscal year 2024 results on Nov 13, 2024 Reported Earnings • Aug 19
Third quarter 2024 earnings released: JP¥0.35 loss per share (vs JP¥11.01 loss in 3Q 2023) Third quarter 2024 results: JP¥0.35 loss per share (improved from JP¥11.01 loss in 3Q 2023). Revenue: JP¥113.0m (flat on 3Q 2023). Net loss: JP¥1.00m (loss narrowed 97% from 3Q 2023). 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. New Risk • Aug 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.48b (US$9.97m) 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 Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 93% per year over the past 5 years. Market cap is less than US$10m (JP¥1.48b market cap, or US$9.97m). Minor Risk Revenue is less than US$5m (JP¥467m revenue, or US$3.1m). Announcement • Jun 27
Magmag, Inc. to Report Q3, 2024 Results on Aug 13, 2024 Magmag, Inc. announced that they will report Q3, 2024 results on Aug 13, 2024 Reported Earnings • May 19
Second quarter 2024 earnings released: EPS: JP¥1.07 (vs JP¥13.15 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥1.07 (up from JP¥13.15 loss in 2Q 2023). Revenue: JP¥115.0m (up 1.8% from 2Q 2023). Net income: JP¥3.00m (up JP¥40.0m from 2Q 2023). Profit margin: 2.6% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Announcement • Mar 21
Magmag, Inc. to Report Q2, 2024 Results on May 14, 2024 Magmag, Inc. announced that they will report Q2, 2024 results on May 14, 2024 Reported Earnings • Feb 15
First quarter 2024 earnings released: JP¥0.34 loss per share (vs JP¥4.26 loss in 1Q 2023) First quarter 2024 results: JP¥0.34 loss per share (improved from JP¥4.26 loss in 1Q 2023). Revenue: JP¥114.0m (down 8.1% from 1Q 2023). Net income: JP¥0 (up JP¥12.0m from 1Q 2023). Profit margin: 0% (up from net loss in 1Q 2023). Announcement • Dec 27
Magmag, Inc. to Report Q1, 2024 Results on Feb 13, 2024 Magmag, Inc. announced that they will report Q1, 2024 results on Feb 13, 2024 Reported Earnings • Nov 17
Full year 2023 earnings released: JP¥170 loss per share (vs JP¥1.43 profit in FY 2022) Full year 2023 results: JP¥170 loss per share (down from JP¥1.43 profit in FY 2022). Revenue: JP¥475.0m (down 17% from FY 2022). Net loss: JP¥478.0m (down JP¥482.0m from profit in FY 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. Announcement • Sep 28
Magmag, Inc. to Report Fiscal Year 2023 Results on Nov 13, 2023 Magmag, Inc. announced that they will report fiscal year 2023 results on Nov 13, 2023 New Risk • Sep 07
New major risk - Revenue and earnings growth Earnings have declined by 71% 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 Risk Earnings have declined by 71% per year over the past 5 years. Minor Risks Revenue is less than US$5m (JP¥485m revenue, or US$3.3m). Market cap is less than US$100m (JP¥1.52b market cap, or US$10.3m). New Risk • Aug 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.45b (US$9.95m) 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¥1.45b market cap, or US$9.95m). Minor Risk Revenue is less than US$5m (JP¥485m revenue, or US$3.3m). Reported Earnings • Aug 14
Third quarter 2023 earnings released: JP¥11.01 loss per share (vs JP¥1.43 loss in 3Q 2022) Third quarter 2023 results: JP¥11.01 loss per share (further deteriorated from JP¥1.43 loss in 3Q 2022). Revenue: JP¥114.0m (down 15% from 3Q 2022). Net loss: JP¥31.0m (loss widened JP¥27.0m from 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Interactive Media and Services industry in Japan. Announcement • Jun 22
Magmag, Inc. to Report Q3, 2023 Results on Aug 10, 2023 Magmag, Inc. announced that they will report Q3, 2023 results on Aug 10, 2023 New Risk • Jun 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.41b (US$9.94m) 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¥1.41b market cap, or US$9.94m). Minor Risk Revenue is less than US$5m (JP¥505m revenue, or US$3.6m). Reported Earnings • May 14
Second quarter 2023 earnings released: JP¥13.15 loss per share (vs JP¥2.51 profit in 2Q 2022) Second quarter 2023 results: JP¥13.15 loss per share (down from JP¥2.51 profit in 2Q 2022). Revenue: JP¥113.0m (down 25% from 2Q 2022). Net loss: JP¥37.0m (down JP¥44.0m from profit in 2Q 2022). Reported Earnings • Feb 12
First quarter 2023 earnings released: JP¥4.26 loss per share (vs JP¥2.88 profit in 1Q 2022) First quarter 2023 results: JP¥4.26 loss per share (down from JP¥2.88 profit in 1Q 2022). Revenue: JP¥124.0m (down 20% from 1Q 2022). Net loss: JP¥12.0m (down 250% from profit in 1Q 2022). Reported Earnings • Dec 28
Full year 2022 earnings released: EPS: JP¥1.43 (vs JP¥31.05 in FY 2021) Full year 2022 results: EPS: JP¥1.43 (down from JP¥31.05 in FY 2021). Revenue: JP¥572.0m (down 14% from FY 2021). Net income: JP¥4.00m (down 95% from FY 2021). Profit margin: 0.7% (down from 13% in FY 2021). The decrease in margin was driven by lower revenue. Announcement • Dec 26
Magmag, Inc. to Report Q1, 2023 Results on Feb 10, 2023 Magmag, Inc. announced that they will report Q1, 2023 results on Feb 10, 2023 Board Change • Nov 16
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Outside Corporate Auditor Katsuhiko Koga is the most experienced director on the board, commencing their role in 2022. Independent Outside Director Yasuko Uchikawa was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Nov 13
Magmag, Inc., Annual General Meeting, Dec 22, 2022 Magmag, Inc., Annual General Meeting, Dec 22, 2022. Reported Earnings • Nov 13
Full year 2022 earnings released: EPS: JP¥1.43 (vs JP¥31.05 in FY 2021) Full year 2022 results: EPS: JP¥1.43 (down from JP¥31.05 in FY 2021). Revenue: JP¥572.0m (down 14% from FY 2021). Net income: JP¥4.00m (down 95% from FY 2021). Profit margin: 0.7% (down from 13% in FY 2021). The decrease in margin was driven by lower revenue. Announcement • Oct 08
Magmag, Inc. to Report Fiscal Year 2022 Results on Nov 11, 2022 Magmag, Inc. announced that they will report fiscal year 2022 results on Nov 11, 2022 Reported Earnings • Aug 14
Third quarter 2022 earnings released: JP¥1.43 loss per share (vs JP¥5.77 profit in 3Q 2021) Third quarter 2022 results: JP¥1.43 loss per share (down from JP¥5.77 profit in 3Q 2021). Revenue: JP¥134.0m (down 16% from 3Q 2021). Net loss: JP¥4.00m (down 125% from profit in 3Q 2021). Announcement • Jul 29
Magmag, Inc. to Report Q3, 2022 Results on Aug 12, 2022 Magmag, Inc. announced that they will report Q3, 2022 results on Aug 12, 2022 Reported Earnings • May 16
Second quarter 2022 earnings released: EPS: JP¥2.51 (vs JP¥5.77 in 2Q 2021) Second quarter 2022 results: EPS: JP¥2.51 (down from JP¥5.77 in 2Q 2021). Revenue: JP¥150.0m (down 6.2% from 2Q 2021). Net income: JP¥7.00m (down 56% from 2Q 2021). Profit margin: 4.7% (down from 10.0% in 2Q 2021). Announcement • May 02
Magmag, Inc. to Report Q2, 2022 Results on May 13, 2022 Magmag, Inc. announced that they will report Q2, 2022 results on May 13, 2022 Board Change • Apr 27
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Outside Corporate Auditor Katsuhiko Koga is the most experienced director on the board, commencing their role in 2022. Independent Outside Director Yasuko Uchikawa was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Buying Opportunity • Apr 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.5%. The fair value is estimated to be JP¥818, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last year. Earnings per share has declined by 36%. Reported Earnings • Feb 14
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥2.88 (down from JP¥5.79 in 1Q 2021). Revenue: JP¥154.0m (down 5.5% from 1Q 2021). Net income: JP¥8.00m (down 39% from 1Q 2021). Profit margin: 5.2% (down from 8.0% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Announcement • Feb 02
Magmag, Inc. to Report Q1, 2022 Results on Feb 10, 2022 Magmag, Inc. announced that they will report Q1, 2022 results on Feb 10, 2022 Buying Opportunity • Jan 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be JP¥818, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37% per annum over the last 3 years. Reported Earnings • Dec 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥31.05 (down from JP¥41.60 in FY 2020). Revenue: JP¥666.0m (down 2.5% from FY 2020). Net income: JP¥86.0m (down 6.5% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue was in line with analyst estimates. Is New 90 Day High Low • Feb 20
New 90-day low: JP¥1,685 The company is down 23% from its price of JP¥2,200 on 20 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 4.0% over the same period. Announcement • Jan 30
Magmag, Inc. to Report Q1, 2021 Results on Feb 10, 2021 Magmag, Inc. announced that they will report Q1, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Jan 14
New 90-day low: JP¥1,727 The company is down 47% from its price of JP¥3,265 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 9.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: JP¥1,730 The company is down 59% from its price of JP¥4,260 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 7.0% over the same period. Announcement • Nov 14
Magmag, Inc., Annual General Meeting, Dec 23, 2020 Magmag, Inc., Annual General Meeting, Dec 23, 2020.