Reported Earnings • May 01
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: EPS: JP¥19.50 (down from JP¥22.12 in FY 2025). Revenue: JP¥12.0b (up 1.7% from FY 2025). Net income: JP¥485.0m (down 12% from FY 2025). Profit margin: 4.0% (down from 4.7% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year and the company’s share price has also fallen by 12% per year. Announcement • Apr 30
J-Stream Inc., Annual General Meeting, Jun 25, 2026 J-Stream Inc., Annual General Meeting, Jun 25, 2026. Announcement • Apr 21
J-Stream Inc. to Report Fiscal Year 2026 Results on Apr 30, 2026 J-Stream Inc. announced that they will report fiscal year 2026 results on Apr 30, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: JP¥7.40 (vs JP¥10.58 in 3Q 2025) Third quarter 2026 results: EPS: JP¥7.40 (down from JP¥10.58 in 3Q 2025). Revenue: JP¥3.14b (flat on 3Q 2025). Net income: JP¥184.0m (down 30% from 3Q 2025). Profit margin: 5.9% (down from 8.3% in 3Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Entertainment industry in Japan. 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 16% per year, which means it has not declined as severely as earnings. Announcement • Jan 06
J-Stream Inc. to Report Q3, 2026 Results on Jan 29, 2026 J-Stream Inc. announced that they will report Q3, 2026 results on Jan 29, 2026 Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥4.42 (vs JP¥6.19 in 2Q 2025) Second quarter 2026 results: EPS: JP¥4.42 (down from JP¥6.19 in 2Q 2025). Revenue: JP¥2.89b (down 3.7% from 2Q 2025). Net income: JP¥110.0m (down 29% from 2Q 2025). Profit margin: 3.8% (down from 5.1% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Oct 01
J-Stream Inc. (TSE:4308) agreed to acquire IPL Co., Ltd. J-Stream Inc. (TSE:4308) agreed to acquire IPL Co., Ltd. on September 30, 2025. For the period ending December 31, 2024, IPL Co., Ltd. reported total revenue of ¥452 million. As of December 31, 2024, IPL Co., Ltd. reported total assets of ¥493 million and total common equity of ¥294 million. The expected completion of the transaction is November 4, 2025. Announcement • Sep 01
J-Stream Inc. to Report Q2, 2026 Results on Oct 30, 2025 J-Stream Inc. announced that they will report Q2, 2026 results on Oct 30, 2025 Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: JP¥3.70 (vs JP¥3.82 in 1Q 2025) First quarter 2026 results: EPS: JP¥3.70 (down from JP¥3.82 in 1Q 2025). Revenue: JP¥2.82b (up 2.6% from 1Q 2025). Net income: JP¥92.0m (down 3.2% from 1Q 2025). Profit margin: 3.3% (down from 3.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 38% 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. Reported Earnings • Jun 29
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥22.12 (up from JP¥11.98 in FY 2024). Revenue: JP¥11.8b (up 4.7% from FY 2024). Net income: JP¥550.0m (up 85% from FY 2024). Profit margin: 4.7% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Jun 27
J-Stream Inc. to Report Q1, 2026 Results on Jul 30, 2025 J-Stream Inc. announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 01
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥22.12 (up from JP¥11.98 in FY 2024). Revenue: JP¥11.8b (up 4.7% from FY 2024). Net income: JP¥550.0m (up 85% from FY 2024). Profit margin: 4.7% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 45% 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. Announcement • Apr 30
J-Stream Inc., Annual General Meeting, Jun 26, 2025 J-Stream Inc., Annual General Meeting, Jun 26, 2025. New Risk • Apr 07
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 5.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥8.43b market cap, or US$57.6m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥339, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Entertainment industry in Japan. Total loss to shareholders of 51% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio and cash payout ratio are on the higher end at 77% and 81% respectively. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.2%). Buy Or Sell Opportunity • Mar 06
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to JP¥402. The fair value is estimated to be JP¥334, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 50%. Revenue is forecast to grow by 9.9% in 2 years. Earnings are forecast to grow by 24% in the next 2 years. Announcement • Mar 01
J-Stream Inc. to Report Fiscal Year 2025 Results on Apr 30, 2025 J-Stream Inc. announced that they will report fiscal year 2025 results on Apr 30, 2025 Buy Or Sell Opportunity • Feb 12
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to JP¥412. The fair value is estimated to be JP¥342, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has declined by 50%. Revenue is forecast to grow by 9.9% in 2 years. Earnings are forecast to grow by 24% in the next 2 years. Major Estimate Revision • Feb 11
Consensus EPS estimates increase by 25% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥16.10 to JP¥20.10. Revenue forecast steady at JP¥11.8b. Net income forecast to grow 12% next year vs 20% growth forecast for Entertainment industry in Japan. Consensus price target up from JP¥430 to JP¥650. Share price was steady at JP¥376 over the past week. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: JP¥10.58 (vs JP¥5.75 in 3Q 2024) Third quarter 2025 results: EPS: JP¥10.58 (up from JP¥5.75 in 3Q 2024). Revenue: JP¥3.15b (up 8.3% from 3Q 2024). Net income: JP¥263.0m (up 84% from 3Q 2024). Profit margin: 8.3% (up from 4.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in Japan. 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 20% per year, which means it has not declined as severely as earnings. Announcement • Jan 03
J-Stream Inc. to Report Q3, 2025 Results on Jan 30, 2025 J-Stream Inc. announced that they will report Q3, 2025 results on Jan 30, 2025 Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥6.19 (vs JP¥1.97 in 2Q 2024) Second quarter 2025 results: EPS: JP¥6.19 (up from JP¥1.97 in 2Q 2024). Revenue: JP¥3.00b (up 8.3% from 2Q 2024). Net income: JP¥154.0m (up 214% from 2Q 2024). Profit margin: 5.1% (up from 1.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Announcement • Aug 28
J-Stream Inc. to Report Q2, 2025 Results on Oct 30, 2024 J-Stream Inc. announced that they will report Q2, 2025 results on Oct 30, 2024 Buy Or Sell Opportunity • Aug 06
Now 21% overvalued Over the last 90 days, the stock has fallen 17% to JP¥313. The fair value is estimated to be JP¥258, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has declined by 53%. Revenue is forecast to grow by 8.2% in 2 years. Earnings are forecast to grow by 60% in the next 2 years. New Risk • Aug 05
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 Dividend is not well covered by earnings and cash flows. Payout ratio: 137% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (2.6% net profit margin). Market cap is less than US$100m (JP¥6.91b market cap, or US$48.5m). Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: JP¥3.82 (vs JP¥4.14 in 1Q 2024) First quarter 2025 results: EPS: JP¥3.82 (down from JP¥4.14 in 1Q 2024). Revenue: JP¥2.75b (down 2.2% from 1Q 2024). Net income: JP¥95.0m (down 7.8% from 1Q 2024). Profit margin: 3.5% (down from 3.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
J-Stream Inc. to Report Q1, 2025 Results on Jul 30, 2024 J-Stream Inc. announced that they will report Q1, 2025 results on Jul 30, 2024 Reported Earnings • May 01
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: JP¥11.98 (down from JP¥35.11 in FY 2023). Revenue: JP¥11.3b (down 9.9% from FY 2023). Net income: JP¥298.0m (down 66% from FY 2023). Profit margin: 2.6% (down from 7.0% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 46% per year and the company’s share price has also fallen by 46% per year. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.8%). Announcement • Mar 02
J-Stream Inc. to Report Fiscal Year 2024 Results on Apr 30, 2024 J-Stream Inc. announced that they will report fiscal year 2024 results on Apr 30, 2024 Major Estimate Revision • Feb 06
Consensus EPS estimates increase by 20%, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from JP¥11.5b to JP¥11.3b. EPS estimate rose from JP¥10.10 to JP¥12.10. Net income forecast to grow 11% next year vs 11% growth forecast for Entertainment industry in Japan. Consensus price target down from JP¥600 to JP¥430. Share price rose 2.4% to JP¥388 over the past week. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥5.75 (vs JP¥14.88 in 3Q 2023) Third quarter 2024 results: EPS: JP¥5.75 (down from JP¥14.88 in 3Q 2023). Revenue: JP¥2.91b (down 17% from 3Q 2023). Net income: JP¥143.0m (down 61% from 3Q 2023). Profit margin: 4.9% (down from 11% in 3Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Announcement • Dec 29
J-Stream Inc. to Report Q3, 2024 Results on Jan 30, 2024 J-Stream Inc. announced that they will report Q3, 2024 results on Jan 30, 2024 Reported Earnings • Oct 28
Second quarter 2024 earnings released: EPS: JP¥1.97 (vs JP¥9.29 in 2Q 2023) Second quarter 2024 results: EPS: JP¥1.97 (down from JP¥9.29 in 2Q 2023). Revenue: JP¥2.77b (down 8.2% from 2Q 2023). Net income: JP¥49.0m (down 79% from 2Q 2023). Profit margin: 1.8% (down from 7.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Announcement • Oct 05
J-Stream Inc. to Report Q2, 2024 Results on Oct 26, 2023 J-Stream Inc. announced that they will report Q2, 2024 results on Oct 26, 2023 New Risk • Jul 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 5.4% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (6.0% net profit margin). Market cap is less than US$100m (JP¥12.9b market cap, or US$91.6m). Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: JP¥4.14 (vs JP¥9.17 in 1Q 2023) First quarter 2024 results: EPS: JP¥4.14 (down from JP¥9.17 in 1Q 2023). Revenue: JP¥2.81b (down 2.6% from 1Q 2023). Net income: JP¥103.0m (down 55% from 1Q 2023). Profit margin: 3.7% (down from 7.9% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Buying Opportunity • Jul 18
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥720, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Buying Opportunity • Jul 03
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥723, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Announcement • Jun 28
J-Stream Inc. to Report Q1, 2024 Results on Jul 27, 2023 J-Stream Inc. announced that they will report Q1, 2024 results on Jul 27, 2023 Price Target Changed • May 16
Price target decreased by 17% to JP¥1,000 Down from JP¥1,200, the current price target is provided by 1 analyst. New target price is 86% above last closing price of JP¥537. Stock is down 25% over the past year. The company is forecast to post earnings per share of JP¥40.20 for next year compared to JP¥35.11 last year. Reported Earnings • Apr 29
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥35.11 (down from JP¥52.64 in FY 2022). Revenue: JP¥12.5b (flat on FY 2022). Net income: JP¥873.0m (down 33% from FY 2022). Profit margin: 7.0% (down from 11% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥16.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Jan 27
Third quarter 2023 earnings released: EPS: JP¥14.88 (vs JP¥14.80 in 3Q 2022) Third quarter 2023 results: EPS: JP¥14.88 (up from JP¥14.80 in 3Q 2022). Revenue: JP¥3.51b (up 12% from 3Q 2022). Net income: JP¥370.0m (flat on 3Q 2022). Profit margin: 11% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Dec 29
J-Stream Inc. to Report Q3, 2023 Results on Jan 26, 2023 J-Stream Inc. announced that they will report Q3, 2023 results on Jan 26, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. No independent directors (5 non-independent directors). Part-Time Auditor Manabu Onda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Major Estimate Revision • Nov 05
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥12.9b to JP¥12.2b. EPS estimate also fell from JP¥48.30 per share to JP¥40.20 per share. Net income forecast to grow 1.3% next year vs 6.2% growth forecast for Entertainment industry in Japan. Consensus price target down from JP¥1,200 to JP¥1,100. Share price fell 7.1% to JP¥560 over the past week. Reported Earnings • Oct 28
Second quarter 2023 earnings released: EPS: JP¥9.29 (vs JP¥12.83 in 2Q 2022) Second quarter 2023 results: EPS: JP¥9.29 (down from JP¥12.83 in 2Q 2022). Revenue: JP¥3.02b (down 3.0% from 2Q 2022). Net income: JP¥231.0m (down 28% from 2Q 2022). Profit margin: 7.6% (down from 10% in 2Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Entertainment industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Oct 05
J-Stream Inc. to Report Q2, 2023 Results on Oct 27, 2022 J-Stream Inc. announced that they will report Q2, 2023 results on Oct 27, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥9.17 (vs JP¥14.60 in 1Q 2022) First quarter 2023 results: EPS: JP¥9.17 (down from JP¥14.60 in 1Q 2022). Revenue: JP¥2.88b (down 9.1% from 1Q 2022). Net income: JP¥228.0m (down 37% from 1Q 2022). Profit margin: 7.9% (down from 12% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 19%, compared to a 12% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
J-Stream Inc. to Report Q1, 2023 Results on Jul 28, 2022 J-Stream Inc. announced that they will report Q1, 2023 results on Jul 28, 2022 Reported Earnings • Apr 30
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥52.64 (down from JP¥64.71 in FY 2021). Revenue: JP¥12.4b (down 4.3% from FY 2021). Net income: JP¥1.31b (down 15% from FY 2021). Profit margin: 11% (down from 12% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 13%, compared to a 6.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. No independent directors (5 non-independent directors). Part-Time Auditor Manabu Onda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 07
J-Stream Inc. to Report Fiscal Year 2022 Results on Apr 27, 2022 J-Stream Inc. announced that they will report fiscal year 2022 results on Apr 27, 2022 Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥866, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Entertainment industry in Japan. Total returns to shareholders of 283% over the past three years. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥775, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Entertainment industry in Japan. Total returns to shareholders of 228% over the past three years. Reported Earnings • Jan 30
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥14.80 (down from JP¥22.87 in 3Q 2021). Revenue: JP¥3.13b (down 17% from 3Q 2021). Net income: JP¥368.0m (down 34% from 3Q 2021). Profit margin: 12% (down from 15% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 22%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 23%, compared to a 5.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 08
Price target decreased to JP¥2,388 Down from JP¥2,850, the current price target is an average from 2 analysts. New target price is 152% above last closing price of JP¥946. Stock is down 63% over the past year. The company is forecast to post earnings per share of JP¥68.35 for next year compared to JP¥64.71 last year. Reported Earnings • Oct 29
Second quarter 2022 earnings released The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥3.12b (down 6.6% from 2Q 2021). Net income: JP¥319.0m (down 31% from 2Q 2021). Profit margin: 10% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 31
First quarter 2022 earnings released: EPS JP¥29.20 (vs JP¥12.72 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥3.17b (up 38% from 1Q 2021). Net income: JP¥363.0m (up 145% from 1Q 2021). Profit margin: 12% (up from 6.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 81% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥3,910, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Entertainment industry in Japan. Total returns to shareholders of 554% over the past three years. Reported Earnings • May 12
Full year 2021 earnings released: EPS JP¥129 (vs JP¥21.40 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥13.0b (up 54% from FY 2020). Net income: JP¥1.55b (up JP¥1.30b from FY 2020). Profit margin: 12% (up from 2.9% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥5,280, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 27x in the Entertainment industry in Japan. Total returns to shareholders of 951% over the past three years. Is New 90 Day High Low • Feb 18
New 90-day low: JP¥4,705 The company is down 8.0% from its price of JP¥5,130 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 25% over the same period. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorated over the past week After last week's 21% share price decline to JP¥5,000, the stock is trading at a trailing P/E ratio of 46.8x, down from the previous P/E ratio of 58.9x. This compares to an average P/E of 32x in the Entertainment industry in Japan. Total returns to shareholders over the past three years are 1,017%. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 21%, compared to a 4.3% growth forecast for the Entertainment industry in Japan. Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS JP¥45.74 (vs JP¥9.63 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.75b (up 59% from 3Q 2020). Net income: JP¥556.0m (up 396% from 3Q 2020). Profit margin: 15% (up from 4.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 121% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 25
New 90-day high: JP¥6,550 The company is up 87% from its price of JP¥3,495 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 14% over the same period. Announcement • Jan 12
J-Stream Inc. to Report Q3, 2021 Results on Jan 28, 2021 J-Stream Inc. announced that they will report Q3, 2021 results on Jan 28, 2021 Valuation Update With 7 Day Price Move • Dec 09
Market pulls back on stock over the past week After last week's 18% share price decline to JP¥5,250, the stock is trading at a trailing P/E ratio of 75.1x, down from the previous P/E ratio of 91.9x. This compares to an average P/E of 29x in the Entertainment industry in Japan. Total returns to shareholders over the past three years are 1,015%. Is New 90 Day High Low • Dec 02
New 90-day high: JP¥6,420 The company is up 43% from its price of JP¥4,505 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 4.0% over the same period. Announcement • Oct 04
J-Stream Inc. to Report Q2, 2021 Results on Oct 29, 2020 J-Stream Inc. announced that they will report Q2, 2021 results on Oct 29, 2020 Announcement • Oct 01
J-Stream, Inc. announced that it expects to receive ¥6.912 million in funding from Daiwa Securities Co. Ltd. J-Stream, Inc. (TSE:4308) announced that it has entered into a purchase agreement with new investor Daiwa Securities Co. Ltd. for private placement of 8,000 first stock acquisition rights at a price of ¥864 per right for gross proceeds of ¥6,912,000 on September 30, 2020. Each right is exercisable at initial exercise price of ¥3,590 per share subject to minimum exercise price of ¥2,513 per share from October 19, 2020 to October 19, 2022. The rights are not transferable. The expected allotment and payment date is October 16, 2020. Announcement • Jun 20
J-Stream Inc. to Report Q1, 2021 Results on Jul 30, 2020 J-Stream Inc. announced that they will report Q1, 2021 results on Jul 30, 2020