Announcement • Jun 01
Neo Marketing Inc. to Report Q3, 2026 Results on Aug 13, 2026 Neo Marketing Inc. announced that they will report Q3, 2026 results on Aug 13, 2026 Reported Earnings • May 19
Second quarter 2026 earnings released: EPS: JP¥47.19 (vs JP¥80.01 in 2Q 2025) Second quarter 2026 results: EPS: JP¥47.19 (down from JP¥80.01 in 2Q 2025). Revenue: JP¥808.0m (up 7.3% from 2Q 2025). Net income: JP¥116.0m (down 42% from 2Q 2025). Profit margin: 14% (down from 26% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 16
First quarter 2026 earnings released: EPS: JP¥0.41 (vs JP¥6.86 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥0.41 (up from JP¥6.86 loss in 1Q 2025). Revenue: JP¥577.0m (up 6.1% from 1Q 2025). Net income: JP¥1.00m (up JP¥18.0m from 1Q 2025). Profit margin: 0.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% 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 • Dec 30
Full year 2025 earnings released: EPS: JP¥10.50 (vs JP¥59.51 in FY 2024) Full year 2025 results: EPS: JP¥10.50 (down from JP¥59.51 in FY 2024). Revenue: JP¥2.31b (up 9.9% from FY 2024). Net income: JP¥26.0m (down 82% from FY 2024). Profit margin: 1.1% (down from 7.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 17
Full year 2025 earnings released: EPS: JP¥10.50 (vs JP¥59.51 in FY 2024) Full year 2025 results: EPS: JP¥10.50 (down from JP¥59.51 in FY 2024). Revenue: JP¥2.31b (up 9.9% from FY 2024). Net income: JP¥26.0m (down 82% from FY 2024). Profit margin: 1.1% (down from 7.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Nov 13
Neo Marketing Inc., Annual General Meeting, Dec 23, 2025 Neo Marketing Inc., Annual General Meeting, Dec 23, 2025. New Risk • Sep 29
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 5.6% 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: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (JP¥2.89b market cap, or US$19.4m). Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,164, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 18x in the Media industry in Japan. Total returns to shareholders of 27% over the past three years. Announcement • Sep 04
Neo Marketing Inc. to Report Fiscal Year 2025 Results on Nov 13, 2025 Neo Marketing Inc. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Nov 13, 2025 Reported Earnings • Aug 15
Third quarter 2025 earnings released: JP¥34.20 loss per share (vs JP¥33.97 profit in 3Q 2024) Third quarter 2025 results: JP¥34.20 loss per share (down from JP¥33.97 profit in 3Q 2024). Revenue: JP¥420.0m (up 5.8% from 3Q 2024). Net loss: JP¥85.0m (down 201% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Neo Marketing Inc. to Report Q3, 2025 Results on Aug 13, 2025 Neo Marketing Inc. announced that they will report Q3, 2025 results on Aug 13, 2025 Announcement • May 20
Neo Marketing Inc. (TSE:4196) announces an Equity Buyback for 50,000 shares, representing 1.97% for ¥60 million. Neo Marketing Inc. (TSE:4196) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.97% of its issued share capital, for ¥60 million. The purpose of the plan is to improve capital efficiency by executing a flexible capital policy through the repurchase of treasury shares. The program will expire on August 31, 2025. As of March 31, 2025, the company had 2,532,000 issued shares and 41,074 shares in treasury. Reported Earnings • May 19
Second quarter 2025 earnings released: EPS: JP¥80.01 (vs JP¥25.10 in 2Q 2024) Second quarter 2025 results: EPS: JP¥80.01 (up from JP¥25.10 in 2Q 2024). Revenue: JP¥753.0m (up 13% from 2Q 2024). Net income: JP¥199.0m (up 221% from 2Q 2024). Profit margin: 26% (up from 9.3% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Mar 29
Neo Marketing Inc. to Report Q2, 2025 Results on May 14, 2025 Neo Marketing Inc. announced that they will report Q2, 2025 results on May 14, 2025 New Risk • Feb 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.0% Last year net profit margin: 7.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.0% net profit margin). Market cap is less than US$100m (JP¥2.66b market cap, or US$17.5m). Reported Earnings • Feb 15
First quarter 2025 earnings released: JP¥6.86 loss per share (vs JP¥9.75 profit in 1Q 2024) First quarter 2025 results: JP¥6.86 loss per share (down from JP¥9.75 profit in 1Q 2024). Revenue: JP¥544.0m (flat on 1Q 2024). Net loss: JP¥17.0m (down 171% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jan 17
Neo Marketing Inc. to Report Q1, 2025 Results on Feb 13, 2025 Neo Marketing Inc. announced that they will report Q1, 2025 results on Feb 13, 2025 Reported Earnings • Dec 28
Full year 2024 earnings released: EPS: JP¥59.51 (vs JP¥80.35 in FY 2023) Full year 2024 results: EPS: JP¥59.51 (down from JP¥80.35 in FY 2023). Revenue: JP¥2.10b (down 7.8% from FY 2023). Net income: JP¥147.0m (down 26% from FY 2023). Profit margin: 7.0% (down from 8.7% in FY 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 19% per year, which means it is significantly lagging earnings. Announcement • Nov 13
Neo Marketing Inc., Annual General Meeting, Dec 20, 2024 Neo Marketing Inc., Annual General Meeting, Dec 20, 2024. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,068, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 16x in the Media industry in Japan. Total loss to shareholders of 43% over the past three years. Announcement • Sep 28
Neo Marketing Inc. to Report Fiscal Year 2024 Results on Nov 13, 2024 Neo Marketing Inc. announced that they will report fiscal year 2024 results on Nov 13, 2024 New Risk • Sep 27
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 8.6% 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 1.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.81b market cap, or US$19.6m). Buy Or Sell Opportunity • Sep 27
Now 27% undervalued Over the last 90 days, the stock has risen 13% to JP¥1,137. The fair value is estimated to be JP¥1,555, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years, while earnings per share has been flat. New Risk • Aug 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 143% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.06b market cap, or US$21.1m). New Risk • Aug 22
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 11% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥2.86b market cap, or US$19.6m). Announcement • Aug 06
Neo Marketing Inc. to Report Q3, 2024 Results on Aug 13, 2024 Neo Marketing Inc. announced that they will report Q3, 2024 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥837, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Media industry in Japan. Total loss to shareholders of 73% 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 2.6% to JP¥987. The fair value is estimated to be JP¥1,245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 59% in the next 2 years. Reported Earnings • May 19
Second quarter 2024 earnings released: EPS: JP¥25.10 (vs JP¥35.48 in 2Q 2023) Second quarter 2024 results: EPS: JP¥25.10 (down from JP¥35.48 in 2Q 2023). Revenue: JP¥668.0m (up 4.0% from 2Q 2023). Net income: JP¥62.0m (down 29% from 2Q 2023). Profit margin: 9.3% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan. Announcement • Apr 06
Neo Marketing Inc. to Report Q2, 2024 Results on May 14, 2024 Neo Marketing Inc. announced that they will report Q2, 2024 results on May 14, 2024 Reported Earnings • Feb 19
First quarter 2024 earnings released: EPS: JP¥9.75 (vs JP¥21.32 in 1Q 2023) First quarter 2024 results: EPS: JP¥9.75 (down from JP¥21.32 in 1Q 2023). Revenue: JP¥540.0m (down 5.4% from 1Q 2023). Net income: JP¥24.0m (down 55% from 1Q 2023). Profit margin: 4.4% (down from 9.3% in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Board Change • Jan 19
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 Tatsuya Nakagawa was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 09
Neo Marketing Inc. to Report Q1, 2024 Results on Feb 14, 2024 Neo Marketing Inc. announced that they will report Q1, 2024 results on Feb 14, 2024 Reported Earnings • Nov 20
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥80.35 (up from JP¥112 loss in FY 2022). Revenue: JP¥2.28b (up 1.1% from FY 2022). Net income: JP¥198.0m (up JP¥478.0m from FY 2022). Profit margin: 8.7% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 3.1%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Media industry in Japan. Announcement • Nov 17
Neo Marketing Inc., Annual General Meeting, Dec 22, 2023 Neo Marketing Inc., Annual General Meeting, Dec 22, 2023. Announcement • Sep 10
Neo Marketing Inc. to Report Fiscal Year 2023 Results on Nov 14, 2023 Neo Marketing Inc. announced that they will report fiscal year 2023 results on Nov 14, 2023 Reported Earnings • Aug 14
Third quarter 2023 earnings released: EPS: JP¥5.29 (vs JP¥4.78 in 3Q 2022) Third quarter 2023 results: EPS: JP¥5.29 (up from JP¥4.78 in 3Q 2022). Revenue: JP¥493.0m (down 3.9% from 3Q 2022). Net income: JP¥13.0m (up 8.3% from 3Q 2022). Profit margin: 2.6% (up from 2.3% in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Japan. New Risk • Jul 20
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 7.3% 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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥3.83b market cap, or US$27.5m). Announcement • Jun 30
Neo Marketing Inc. to Report Q3, 2023 Results on Aug 10, 2023 Neo Marketing Inc. announced that they will report Q3, 2023 results on Aug 10, 2023 Reported Earnings • Feb 16
First quarter 2023 earnings released: EPS: JP¥21.32 (vs JP¥18.69 in 1Q 2022) First quarter 2023 results: EPS: JP¥21.32 (up from JP¥18.69 in 1Q 2022). Revenue: JP¥571.0m (up 9.4% from 1Q 2022). Net income: JP¥53.0m (up 15% from 1Q 2022). Profit margin: 9.3% (up from 8.8% in 1Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Reported Earnings • Dec 28
Full year 2022 earnings released: JP¥112 loss per share (vs JP¥88.79 profit in FY 2021) Full year 2022 results: JP¥112 loss per share (down from JP¥88.79 profit in FY 2021). Revenue: JP¥2.25b (up 23% from FY 2021). Net loss: JP¥280.0m (down 236% from profit in FY 2021). Announcement • Dec 28
Neo Marketing Inc. to Report Q1, 2023 Results on Feb 14, 2023 Neo Marketing Inc. announced that they will report Q1, 2023 results on Feb 14, 2023 Reported Earnings • Nov 16
Full year 2022 earnings released: JP¥112 loss per share (vs JP¥88.79 profit in FY 2021) Full year 2022 results: JP¥112 loss per share (down from JP¥88.79 profit in FY 2021). Revenue: JP¥2.25b (up 23% from FY 2021). Net loss: JP¥280.0m (down 236% from profit in FY 2021). Announcement • Nov 16
Neo Marketing Inc., Annual General Meeting, Dec 23, 2022 Neo Marketing Inc., Annual General Meeting, Dec 23, 2022. Announcement • Nov 15
Neo Marketing Inc. (TSE:4196) announces an Equity Buyback for 75,000 shares, representing 2.98% for ¥70 million. Neo Marketing Inc. (TSE:4196) announces a share repurchase program. Under the program, the company will repurchase up to 75,000 shares, representing 2.98% of its issued share capital, for ¥70 million. The purpose of the plan is to implement a flexible capital policy to increase capital efficiency. The plan will be valid March 31, 2023. As of September 30, 2022, the company had 2,513,176 issued shares and 24 shares in treasury. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥930, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 13x in the Media industry in Japan. Total loss to shareholders of 51% over the past year. Announcement • Sep 07
Neo Marketing Inc. to Report Fiscal Year 2022 Results on Nov 14, 2022 Neo Marketing Inc. announced that they will report fiscal year 2022 results on Nov 14, 2022 Reported Earnings • Aug 12
Third quarter 2022 earnings released: EPS: JP¥4.78 (vs JP¥15.11 in 3Q 2021) Third quarter 2022 results: EPS: JP¥4.78 (down from JP¥15.11 in 3Q 2021). Revenue: JP¥513.0m (up 19% from 3Q 2021). Net income: JP¥12.0m (down 68% from 3Q 2021). Profit margin: 2.3% (down from 8.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥1,439, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 14x in the Media industry in Japan. Total loss to shareholders of 48% over the past year. Announcement • Jun 04
Neo Marketing Inc. to Report Q3, 2022 Results on Aug 10, 2022 Neo Marketing Inc. announced that they will report Q3, 2022 results on Aug 10, 2022 Announcement • Apr 08
Neo Marketing Inc. to Report Q2, 2022 Results on May 13, 2022 Neo Marketing Inc. announced that they will report Q2, 2022 results on May 13, 2022 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,308, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 14x in the Media industry in Japan. Reported Earnings • Feb 16
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: JP¥18.69. Revenue: JP¥522.0m (flat on 1Q 2021). Net income: JP¥46.0m (up JP¥46.0m from 1Q 2021). Profit margin: 8.8% (up from null in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 37%. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥1,131, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 15x in the Media industry in Japan. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,255, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 16x in the Media industry in Japan. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 34% share price decline to JP¥1,696, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 17x in the Media industry in Japan. Reported Earnings • Nov 15
Full year 2021 earnings released: EPS JP¥88.79 (vs JP¥49.96 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.83b (up 28% from FY 2020). Net income: JP¥206.0m (up 78% from FY 2020). Profit margin: 11% (up from 8.1% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥2,237, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 18x in the Media industry in Japan. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥2,103, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Media industry in Japan. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 28% share price decline to JP¥2,234, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 17x in the Media industry in Japan. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment deteriorated over the past week After last week's 20% share price decline to JP¥2,921, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 18x in the Media industry in Japan. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥2,815, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 18x in the Media industry in Japan. 
