Reported Earnings • May 15
Full year 2026 earnings: Revenues and EPS in line with analyst expectations Full year 2026 results: EPS: JP¥66.66 (up from JP¥46.67 in FY 2025). Revenue: JP¥16.3b (up 16% from FY 2025). Net income: JP¥1.51b (up 44% from FY 2025). Profit margin: 9.3% (up from 7.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Interactive Media and Services industry in Japan. 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 5% per year, which means it is significantly lagging earnings. Announcement • May 13
Bengo4.com,Inc., Annual General Meeting, Jun 23, 2026 Bengo4.com,Inc., Annual General Meeting, Jun 23, 2026. Announcement • May 10
Bengo4.com,Inc. to Report Fiscal Year 2026 Results on May 13, 2026 Bengo4.com,Inc. announced that they will report fiscal year 2026 results on May 13, 2026 Price Target Changed • Apr 07
Price target decreased by 8.4% to JP¥4,000 Down from JP¥4,367, the current price target is an average from 2 analysts. New target price is 39% above last closing price of JP¥2,888. Stock is up 18% over the past year. The company is forecast to post earnings per share of JP¥66.23 for next year compared to JP¥46.67 last year. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,808, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 14% over the past three years. Price Target Changed • Mar 04
Price target decreased by 8.1% to JP¥4,167 Down from JP¥4,533, the current price target is an average from 3 analysts. New target price is 73% above last closing price of JP¥2,411. Stock is down 13% over the past year. The company is forecast to post earnings per share of JP¥63.97 for next year compared to JP¥46.67 last year. Price Target Changed • Feb 17
Price target decreased by 11% to JP¥4,050 Down from JP¥4,533, the current price target is an average from 3 analysts. New target price is 72% above last closing price of JP¥2,351. Stock is down 19% over the past year. The company is forecast to post earnings per share of JP¥63.97 for next year compared to JP¥46.67 last year. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: JP¥14.82 (vs JP¥5.69 in 3Q 2025) Third quarter 2026 results: EPS: JP¥14.82 (up from JP¥5.69 in 3Q 2025). Revenue: JP¥4.11b (up 14% from 3Q 2025). Net income: JP¥335.0m (up 161% from 3Q 2025). Profit margin: 8.2% (up from 3.6% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Feb 13
Bengo4.com,Inc. (TSE:6027) entered into a share transfer agreement to acquire Japan Legal Network Co., Ltd. Bengo4.com,Inc. (TSE:6027) entered into a share transfer agreement to acquire Japan Legal Network Co., Ltd. on February 12, 2026. As part of the acquisition, Bengo4.com,Inc. will acquire all shares in Japan Legal Network Co., Ltd. The transaction also includes the acquisition of Japan Legal Network Co., Ltd.'s wholly owned subsidiary ATE Co., Ltd. Upon completion, Japan Legal Network Co., Ltd. will operate as a wholly owned subsidiary of Bengo4.com,Inc.
For the period ending September 30, 2025, Japan Legal Network Co., Ltd. reported total revenue of ¥29 million, operating loss of ¥38 million and net loss of ¥41 million. As of September 30, 2025, Japan Legal Network Co., Ltd. reported total assets of ¥432 million and total common equity of ¥303 million.
The transaction is expected to close on April 1, 2026. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,516, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 8.4% over the past three years. Announcement • Dec 27
Bengo4.com,Inc. to Report Q3, 2026 Results on Feb 12, 2026 Bengo4.com,Inc. announced that they will report Q3, 2026 results on Feb 12, 2026 Buy Or Sell Opportunity • Nov 28
Now 29% overvalued Over the last 90 days, the stock has fallen 10% to JP¥2,948. The fair value is estimated to be JP¥2,287, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 48% in 2 years. Earnings are forecast to grow by 160% in the next 2 years. Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥14.77 (vs JP¥6.94 in 2Q 2025) Second quarter 2026 results: EPS: JP¥14.77 (up from JP¥6.94 in 2Q 2025). Revenue: JP¥3.96b (up 17% from 2Q 2025). Net income: JP¥333.9m (up 114% from 2Q 2025). Profit margin: 8.4% (up from 4.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Oct 01
Bengo4.com,Inc. to Report Q2, 2026 Results on Nov 12, 2025 Bengo4.com,Inc. announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: JP¥14.22 (vs JP¥8.23 in 1Q 2025) First quarter 2026 results: EPS: JP¥14.22 (up from JP¥8.23 in 1Q 2025). Revenue: JP¥3.80b (up 15% from 1Q 2025). Net income: JP¥321.2m (up 75% from 1Q 2025). Profit margin: 8.4% (up from 5.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Price Target Changed • Aug 14
Price target increased by 10% to JP¥4,567 Up from JP¥4,133, the current price target is an average from 3 analysts. New target price is 24% above last closing price of JP¥3,685. Stock is up 18% over the past year. The company is forecast to post earnings per share of JP¥75.92 for next year compared to JP¥46.67 last year. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥3,675, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 18x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 14% over the past three years. Announcement • Jul 07
Bengo4.com,Inc. to Report Q1, 2026 Results on Aug 13, 2025 Bengo4.com,Inc. announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • Jun 27
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥46.69 (up from JP¥37.59 in FY 2024). Revenue: JP¥14.1b (up 24% from FY 2024). Net income: JP¥1.05b (up 25% from FY 2024). Profit margin: 7.5% (up from 7.4% 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 12%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Interactive Media and Services 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 7% per year, which means it is significantly lagging earnings. Major Estimate Revision • May 20
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥17.0b to JP¥16.7b. EPS estimate also fell from JP¥72.00 per share to JP¥63.95 per share. Net income forecast to grow 105% next year vs 17% growth forecast for Interactive Media and Services industry in Japan. Consensus price target up from JP¥4,133 to JP¥4,233. Share price rose 13% to JP¥3,030 over the past week. Price Target Changed • May 19
Price target increased by 8.1% to JP¥4,233 Up from JP¥3,917, the current price target is an average from 3 analysts. New target price is 39% above last closing price of JP¥3,040. Stock is up 3.9% over the past year. The company is forecast to post earnings per share of JP¥37.91 for next year compared to JP¥37.59 last year. Announcement • May 14
Bengo4.com,Inc., Annual General Meeting, Jun 24, 2025 Bengo4.com,Inc., Annual General Meeting, Jun 24, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,265, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 14x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 45% over the past three years. Announcement • Apr 01
Bengo4.com,Inc. to Report Fiscal Year 2025 Results on May 14, 2025 Bengo4.com,Inc. announced that they will report fiscal year 2025 results on May 14, 2025 Major Estimate Revision • Feb 20
Consensus EPS estimates increase by 10%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥14.4b to JP¥14.2b. EPS estimate rose from JP¥41.03 to JP¥45.20. Net income forecast to grow 130% next year vs 25% growth forecast for Interactive Media and Services industry in Japan. Consensus price target of JP¥3,917 unchanged from last update. Share price fell 2.9% to JP¥3,045 over the past week. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: JP¥5.67 (vs JP¥10.50 in 3Q 2024) Third quarter 2025 results: EPS: JP¥5.67 (down from JP¥10.50 in 3Q 2024). Revenue: JP¥3.59b (up 17% from 3Q 2024). Net income: JP¥128.0m (down 45% from 3Q 2024). Profit margin: 3.6% (down from 7.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Jan 30
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 7.4% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥2,547, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 18x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 53% over the past three years. Announcement • Jan 08
Bengo4.com,Inc. to Report Q3, 2025 Results on Feb 12, 2025 Bengo4.com,Inc. announced that they will report Q3, 2025 results on Feb 12, 2025 Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,398, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 17x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 61% over the past three years. Price Target Changed • Nov 26
Price target decreased by 21% to JP¥3,917 Down from JP¥4,967, the current price target is an average from 3 analysts. New target price is 47% above last closing price of JP¥2,668. Stock is down 43% over the past year. The company is forecast to post earnings per share of JP¥45.72 for next year compared to JP¥37.59 last year. Board Change • Nov 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 Noriko Shiono was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 19
Second quarter 2025 earnings released: EPS: JP¥6.94 (vs JP¥8.36 in 2Q 2024) Second quarter 2025 results: EPS: JP¥6.94 (down from JP¥8.36 in 2Q 2024). Revenue: JP¥3.39b (up 33% from 2Q 2024). Net income: JP¥155.7m (down 16% from 2Q 2024). Profit margin: 4.6% (down from 7.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Oct 04
Bengo4.com,Inc. to Report Q2, 2025 Results on Nov 13, 2024 Bengo4.com,Inc. announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 03
Bengo4.com,Inc. Launches First Integrated AI Legal Research Tool Equipped with Legal Brain Bengo4.com Inc. announced that it has launched the first integrated AI legal research tool equipped with Legal Brain. With the increasing complexity of today's society, the scope of duties and amount of information necessary for lawyers and corporate legal departments are increasing. As a result, more time is spent on legal research, paperwork, legal checks, and similar tasks. Especially in corporate legal affairs, the Company is seeing issues with labor shortages and difficulties in hiring, and given the complexity of the knowhow required, post-recruitment training is time-consuming. Considering this, since last year, the Company has been engaged in research and development with the aim of integrating AI and legal data. Now, the Company has successfully developed the core technology, Legal Brain, with a built-in legal database called Legal Graph, a Bengo4.com proprietary product. Legal Graph is a database that organizes considerable volumes of information as a network. This database is constructed by adding huge volumes of external data on laws and guidelines and huge volumes of internal data such as precedent data, information on legal books, legal consultation records, and information from lawyers that the Bengo4.com Group has accumulated over the years, graphing the relationships among individual data points. The core technology that incorporates generative AI into Legal Graph is Legal Brain. Using this makes it possible to realize legal services with unprecedented convenience. Reported Earnings • Aug 18
First quarter 2025 earnings released: EPS: JP¥8.23 (vs JP¥6.79 in 1Q 2024) First quarter 2025 results: EPS: JP¥8.23 (up from JP¥6.79 in 1Q 2024). Revenue: JP¥3.30b (up 38% from 1Q 2024). Net income: JP¥183.3m (up 21% from 1Q 2024). Profit margin: 5.6% (down from 6.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥2,810, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 18x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 56% over the past three years. New Risk • Jul 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 7.3% 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. This is currently the only risk that has been identified for the company. Price Target Changed • Jul 03
Price target increased by 18% to JP¥4,725 Up from JP¥4,000, the current price target is an average from 4 analysts. New target price is 29% above last closing price of JP¥3,675. Stock is down 0.8% over the past year. The company is forecast to post earnings per share of JP¥59.12 for next year compared to JP¥37.62 last year. Announcement • Jun 28
Bengo4.com,Inc. to Report Q1, 2025 Results on Aug 14, 2024 Bengo4.com,Inc. announced that they will report Q1, 2025 results on Aug 14, 2024 Announcement • Jun 22
Bengo4.Com,Inc. Approves the Appointment of the Noriko Shiono as Outside Director Bengo4.com,Inc. at its Ordinary General Meeting of Shareholders held on June 21, 2024, the appointment of the Noriko Shiono as Outside Director. Effective from June 21, 2024. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,926, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 19x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 66% over the past three years. Announcement • May 15
Bengo4.com,Inc., Annual General Meeting, Jun 21, 2024 Bengo4.com,Inc., Annual General Meeting, Jun 21, 2024. Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥37.59 (vs JP¥32.32 in FY 2023) Full year 2024 results: EPS: JP¥37.59 (up from JP¥32.32 in FY 2023). Revenue: JP¥11.3b (up 30% from FY 2023). Net income: JP¥837.0m (up 17% from FY 2023). Profit margin: 7.4% (down from 8.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Interactive Media and Services 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 fallen by 29% per year, which means it is significantly lagging earnings. Price Target Changed • May 11
Price target increased by 7.5% to JP¥4,300 Up from JP¥4,000, the current price target is an average from 2 analysts. New target price is 38% above last closing price of JP¥3,110. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥39.46 for next year compared to JP¥32.32 last year. Announcement • Mar 28
Bengo4.com,Inc. to Report Fiscal Year 2024 Results on May 10, 2024 Bengo4.com,Inc. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: JP¥3.08b (up 39% from 3Q 2023). Net income: JP¥234.2m (up 18% from 3Q 2023). Profit margin: 7.6% (down from 8.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Interactive Media and Services industry in Japan. Announcement • Jan 17
Bengo4.com,Inc. to Report Q3, 2024 Results on Feb 14, 2024 Bengo4.com,Inc. announced that they will report Q3, 2024 results on Feb 14, 2024 Announcement • Dec 13
Bengo4.com,Inc. Provides Consolidated and Non-Consolidated Earnings Guidance for the Full Year Ending March 31, 2024 Bengo4.com,Inc. provided Consolidated and Non-consolidated earnings guidance for the full year ending March 31, 2024. For the full year, on Consolidated basis, the company expects net sales of JPY 11,400 million, Operating profit of JPY 1,200 million, Profit attributable to owners of parent of JPY 740 million and Basic earnings per share of JPY 33.28.For the full year, on Non-consolidated basis, the company expects net sales of JPY 10,730 million, Operating profit of JPY 1,200 million, Profit attributable to owners of parent of JPY 740 million and Basic earnings per share of JPY 33.28. Reported Earnings • Oct 26
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: JP¥2.55b (up 22% from 2Q 2023). Net income: JP¥186.3m (up 31% from 2Q 2023). Profit margin: 7.3% (up from 6.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Interactive Media and Services industry in Japan. Announcement • Oct 26
Bengo4.com,Inc. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2024 Bengo4.com,Inc. provided earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 10,730 million. Operating profit to be JPY 1,200 million or more. Profit to be JPY 740 million or more. Basic earnings per share to be JPY 33.28 or more. Announcement • Oct 25
Bengo4.com,Inc. to Report Q2, 2024 Results on Oct 25, 2023 Bengo4.com,Inc. announced that they will report Q2, 2024 results on Oct 25, 2023 Price Target Changed • Oct 13
Price target increased by 12% to JP¥4,667 Up from JP¥4,150, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥4,550. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥55.56 for next year compared to JP¥32.32 last year. New Risk • Aug 01
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 7.7% 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. This is currently the only risk that has been identified for the company. Announcement • Jul 27
Bengo4.com,Inc. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2024 Bengo4.com,Inc. provided earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 10,730 million, operating profit of JPY 1,200 million or more, profit of JPY 740 million or more and basic earnings per share of JPY 33.28 or more. Reported Earnings • Jul 27
First quarter 2024 earnings released First quarter 2024 results: Revenue: JP¥2.39b (up 22% from 1Q 2023). Net income: JP¥151.1m (up 68% from 1Q 2023). Profit margin: 6.3% (up from 4.6% in 1Q 2023). The increase in margin was driven by higher revenue. 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 • Jul 26
Bengo4.com,Inc. to Report Q1, 2024 Results on Jul 26, 2023 Bengo4.com,Inc. announced that they will report Q1, 2024 results on Jul 26, 2023 Reported Earnings • May 13
Full year 2023 earnings released Full year 2023 results: Revenue: JP¥8.71b (up 27% from FY 2022). Net income: JP¥717.4m (up 2.2% from FY 2022). Profit margin: 8.2% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • May 13
Bengo4.com,Inc., Annual General Meeting, Jun 23, 2023 Bengo4.com,Inc., Annual General Meeting, Jun 23, 2023. Price Target Changed • Feb 03
Price target decreased by 17% to JP¥4,020 Down from JP¥4,860, the current price target is an average from 5 analysts. New target price is 43% above last closing price of JP¥2,813. Stock is down 44% over the past year. The company posted earnings per share of JP¥31.55 last year. Announcement • Jan 28
Bengo4.com,Inc. to Report Q3, 2023 Results on Jan 25, 2023 Bengo4.com,Inc. announced that they will report Q3, 2023 results on Jan 25, 2023 Reported Earnings • Jan 26
Third quarter 2023 earnings released: EPS: JP¥8.90 (vs JP¥10.60 in 3Q 2022) Third quarter 2023 results: EPS: JP¥8.90 (down from JP¥10.60 in 3Q 2022). Revenue: JP¥2.22b (up 22% from 3Q 2022). Net income: JP¥197.5m (down 16% from 3Q 2022). Profit margin: 8.9% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Jan 25
Bengo4.com,Inc. Provides Earnings Guidance for the Year Ending March 31, 2023 Bengo4.com,Inc. provided earnings guidance for the year ending March 31, 2023. For the year, the company expected Net sales to be JPY 8,800 Million. Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: JP¥6.43 (vs JP¥6.60 in 2Q 2022) Second quarter 2023 results: EPS: JP¥6.43 (down from JP¥6.60 in 2Q 2022). Revenue: JP¥2.09b (up 27% from 2Q 2022). Net income: JP¥142.5m (down 3.1% from 2Q 2022). Profit margin: 6.8% (down from 9.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Outside Independent Director Katsuya Uenoyama 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 • Oct 27
Second quarter 2023 earnings released: EPS: JP¥6.40 (vs JP¥6.60 in 2Q 2022) Second quarter 2023 results: EPS: JP¥6.40 (down from JP¥6.60 in 2Q 2022). Revenue: JP¥2.09b (up 27% from 2Q 2022). Net income: JP¥142.0m (down 3.4% from 2Q 2022). Profit margin: 6.8% (down from 9.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Oct 27
Bengo4.com,Inc. Provides Earnings Guidance for the Year Ending March 31, 2023 Bengo4.com,Inc. provided earnings guidance for the year ending March 31, 2023. For the year, the company expected Net sales to be JPY 8,800 Million. Reported Earnings • Jul 28
First quarter 2023 earnings released: EPS: JP¥4.08 (vs JP¥6.15 in 1Q 2022) First quarter 2023 results: EPS: JP¥4.08 (down from JP¥6.15 in 1Q 2022). Revenue: JP¥1.96b (up 28% from 1Q 2022). Net income: JP¥90.5m (down 34% from 1Q 2022). Profit margin: 4.6% (down from 8.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 30%, compared to a 12% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jul 28
Bengo4.com,Inc. Provides Net Sales Guidance for the Fiscal Year Ending March 31, 2023 Bengo4.com,Inc. provided net sales guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 8,800 million. Reported Earnings • May 16
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥31.55 (up from JP¥2.88 in FY 2021). Revenue: JP¥6.88b (up 29% from FY 2021). Net income: JP¥702.0m (up JP¥638.0m from FY 2021). Profit margin: 10% (up from 1.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 25%, compared to a 12% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 27
Price target decreased to JP¥6,940 Down from JP¥8,600, the current price target is provided by 1 analyst. New target price is 95% above last closing price of JP¥3,555. Stock is down 64% over the past year. The company is forecast to post earnings per share of JP¥31.89 for next year compared to JP¥2.87 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Outside Independent Director Katsuya Uenoyama 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. Announcement • Apr 08
Bengo4.com,Inc. to Report Fiscal Year 2022 Results on May 13, 2022 Bengo4.com,Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Price Target Changed • Mar 07
Price target decreased to JP¥7,900 Down from JP¥9,050, the current price target is provided by 1 analyst. New target price is 107% above last closing price of JP¥3,820. Stock is down 58% over the past year. The company posted earnings per share of JP¥2.87 last year. Price Target Changed • Feb 04
Price target decreased to JP¥8,600 Down from JP¥9,475, the current price target is provided by 1 analyst. New target price is 70% above last closing price of JP¥5,060. Stock is down 55% over the past year. The company posted earnings per share of JP¥2.87 last year. Announcement • Jan 28
Bengo4.com,Inc. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2022 Bengo4.com,Inc. provides earnings guidance for the fiscal year ending March 31, 2022. For the full year, The company expects net sales to be JPY 7,000 million. Reported Earnings • Jan 28
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥10.60 (up from JP¥1.98 in 3Q 2021). Revenue: JP¥1.82b (up 33% from 3Q 2021). Net income: JP¥236.0m (up 436% from 3Q 2021). Profit margin: 13% (up from 3.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Price Target Changed • Jan 14
Price target decreased to JP¥9,475 Down from JP¥10,975, the current price target is provided by 1 analyst. New target price is 102% above last closing price of JP¥4,685. Stock is down 53% over the past year. The company posted earnings per share of JP¥2.87 last year. Announcement • Dec 28
Bengo4.com Common Stock Deleted from Other OTC Bengo4.com,Inc. Common Stock (Japan) has been deleted from other OTC effective from December 27, 2021, due to Inactive security. Reported Earnings • Oct 27
Second quarter 2022 earnings released: EPS JP¥6.60 (vs JP¥2.83 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.64b (up 29% from 2Q 2021). Net income: JP¥147.0m (up 133% from 2Q 2021). Profit margin: 9.0% (up from 4.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥2.88 (vs JP¥11.69 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥5.32b (up 29% from FY 2020). Net income: JP¥64.0m (down 75% from FY 2020). Profit margin: 1.2% (down from 6.3% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 24
New 90-day low: JP¥9,660 The company is down 13% from its price of JP¥11,120 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 6.0% over the same period.