Reported Earnings • May 20
Third quarter 2026 earnings released: EPS: JP¥9.98 (vs JP¥33.67 in 3Q 2025) Third quarter 2026 results: EPS: JP¥9.98 (down from JP¥33.67 in 3Q 2025). Revenue: JP¥1.55b (down 8.7% from 3Q 2025). Net income: JP¥49.0m (down 71% from 3Q 2025). Profit margin: 3.2% (down from 9.8% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 16
Second quarter 2026 earnings released: EPS: JP¥20.78 (vs JP¥22.57 in 2Q 2025) Second quarter 2026 results: EPS: JP¥20.78 (down from JP¥22.57 in 2Q 2025). Revenue: JP¥1.57b (flat on 2Q 2025). Net income: JP¥102.0m (down 8.9% from 2Q 2025). Profit margin: 6.5% (down from 7.1% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Announcement • Nov 29
IID, Inc. to Report Q2, 2026 Results on Feb 13, 2026 IID, Inc. announced that they will report Q2, 2026 results on Feb 13, 2026 Reported Earnings • Nov 17
First quarter 2026 earnings released: EPS: JP¥48.94 (vs JP¥18.53 in 1Q 2025) First quarter 2026 results: EPS: JP¥48.94 (up from JP¥18.53 in 1Q 2025). Revenue: JP¥1.43b (down 4.7% from 1Q 2025). Net income: JP¥238.0m (up 162% from 1Q 2025). Profit margin: 17% (up from 6.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Sep 27
IID, Inc. to Report Q1, 2026 Results on Nov 13, 2025 IID, Inc. announced that they will report Q1, 2026 results on Nov 13, 2025 Reported Earnings • Aug 16
Full year 2025 earnings released: EPS: JP¥62.44 (vs JP¥33.31 in FY 2024) Full year 2025 results: EPS: JP¥62.44 (up from JP¥33.31 in FY 2024). Revenue: JP¥6.08b (flat on FY 2024). Net income: JP¥307.0m (up 88% from FY 2024). Profit margin: 5.0% (up from 2.7% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Aug 14
IID, Inc., Annual General Meeting, Sep 25, 2025 IID, Inc., Annual General Meeting, Sep 25, 2025. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥884, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 15% over the past three years. Announcement • Jun 25
IID, Inc. (TSE:6038) signed a letter of intent to acquire 55.80% stake in Edit Inc. from Naoki Mori and others. IID, Inc. (TSE:6038) signed a letter of intent to acquire 55.80% stake in Edit Inc. from Naoki Mori and others on June 24, 2025.
For the period ending September 30, 2024, Edit Inc. reported total revenue of ¥278 million, EBIT of ¥30 million and net income of ¥30 million. As of September 30, 2024, Edit Inc. reported total assets of ¥67 million and net liabilities of ¥33 million.
The expected completion of the transaction is July 1, 2025. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.1%). Announcement • Jun 03
IID, Inc. to Report Fiscal Year 2025 Results on Aug 15, 2025 IID, Inc. announced that they will report fiscal year 2025 results on Aug 15, 2025 Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥990, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 17x in the Media industry in Japan. Total returns to shareholders of 24% over the past three years. Reported Earnings • May 21
Third quarter 2025 earnings released: EPS: JP¥33.67 (vs JP¥28.98 in 3Q 2024) Third quarter 2025 results: EPS: JP¥33.67 (up from JP¥28.98 in 3Q 2024). Revenue: JP¥1.70b (up 4.5% from 3Q 2024). Net income: JP¥166.0m (up 17% from 3Q 2024). Profit margin: 9.8% (up from 8.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • Mar 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% 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 1.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥4.10b market cap, or US$27.3m). Announcement • Mar 01
IID, Inc. to Report Q3, 2025 Results on May 15, 2025 IID, Inc. announced that they will report Q3, 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥846, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 17x in the Media industry in Japan. Total returns to shareholders of 24% over the past three years. Announcement • Feb 26
IID, Inc. (TSE:6038) announces an Equity Buyback for 100,000 shares, representing 2.01% for ¥100 million. IID, Inc. (TSE:6038) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 2.01% of its issued share capital (excluding treasury stock), for a total purchase price of ¥100 million. The shares will be repurchased at a price of ¥1,919 per share. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy in response to changes in the business environment. As of December 31, 2024, the company has 4,963,452 issued shares (excluding treasury stock) and 99,148 treasury shares. Reported Earnings • Feb 16
Second quarter 2025 earnings released: EPS: JP¥22.57 (vs JP¥21.22 in 2Q 2024) Second quarter 2025 results: EPS: JP¥22.57 (up from JP¥21.22 in 2Q 2024). Revenue: JP¥1.58b (up 1.3% from 2Q 2024). Net income: JP¥112.0m (up 7.7% from 2Q 2024). Profit margin: 7.1% (up from 6.7% in 2Q 2024). 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 2% per year, which means it is well ahead of earnings. Announcement • Jan 03
IID, Inc. to Report Q2, 2025 Results on Feb 14, 2025 IID, Inc. announced that they will report Q2, 2025 results on Feb 14, 2025 Announcement • Oct 03
IID, Inc. to Report Q1, 2025 Results on Nov 14, 2024 IID, Inc. announced that they will report Q1, 2025 results on Nov 14, 2024 Reported Earnings • Oct 03
Full year 2024 earnings released: EPS: JP¥33.31 (vs JP¥56.27 in FY 2023) Full year 2024 results: EPS: JP¥33.31 (down from JP¥56.27 in FY 2023). Revenue: JP¥6.13b (flat on FY 2023). Net income: JP¥163.0m (down 42% from FY 2023). Profit margin: 2.7% (down from 4.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 19
Full year 2024 earnings released: EPS: JP¥33.31 (vs JP¥56.27 in FY 2023) Full year 2024 results: EPS: JP¥33.31 (down from JP¥56.27 in FY 2023). Revenue: JP¥6.13b (flat on FY 2023). Net income: JP¥163.0m (down 42% from FY 2023). Profit margin: 2.7% (down from 4.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Aug 14
IID, Inc., Annual General Meeting, Sep 26, 2024 IID, Inc., Annual General Meeting, Sep 26, 2024. Announcement • Jun 28
IID, Inc. to Report Fiscal Year 2024 Results on Aug 14, 2024 IID, Inc. announced that they will report fiscal year 2024 results on Aug 14, 2024 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 30 September 2024. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.3%). Reported Earnings • May 21
Third quarter 2024 earnings released: EPS: JP¥28.98 (vs JP¥25.22 in 3Q 2023) Third quarter 2024 results: EPS: JP¥28.98 (up from JP¥25.22 in 3Q 2023). Revenue: JP¥1.63b (down 5.1% from 3Q 2023). Net income: JP¥142.0m (up 13% from 3Q 2023). Profit margin: 8.7% (up from 7.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Feb 24
IID, Inc. to Report Q3, 2024 Results on May 15, 2024 IID, Inc. announced that they will report Q3, 2024 results on May 15, 2024 Reported Earnings • Feb 17
Second quarter 2024 earnings released: EPS: JP¥21.22 (vs JP¥24.06 in 2Q 2023) Second quarter 2024 results: EPS: JP¥21.22 (down from JP¥24.06 in 2Q 2023). Revenue: JP¥1.56b (flat on 2Q 2023). Net income: JP¥104.0m (down 13% from 2Q 2023). Profit margin: 6.7% (down from 7.8% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Nov 27
IID, Inc. to Report Q2, 2024 Results on Feb 14, 2024 IID, Inc. announced that they will report Q2, 2024 results on Feb 14, 2024 Reported Earnings • Nov 20
First quarter 2024 earnings released: EPS: JP¥9.04 (vs JP¥17.97 in 1Q 2023) First quarter 2024 results: EPS: JP¥9.04 (down from JP¥17.97 in 1Q 2023). Revenue: JP¥1.47b (up 8.8% from 1Q 2023). Net income: JP¥44.0m (down 51% from 1Q 2023). Profit margin: 3.0% (down from 6.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year. Announcement • Aug 27
IID, Inc. to Report Q1, 2024 Results on Nov 14, 2023 IID, Inc. announced that they will report Q1, 2024 results on Nov 14, 2023 New Risk • Aug 26
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 1.7% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Profit margins are more than 30% lower than last year (4.6% net profit margin). Market cap is less than US$100m (JP¥3.75b market cap, or US$25.6m). New Risk • Aug 13
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: 4.6% Last year net profit margin: 8.1% 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 Profit margins are more than 30% lower than last year (4.6% net profit margin). Market cap is less than US$100m (JP¥3.61b market cap, or US$24.9m). Reported Earnings • Aug 12
Full year 2023 earnings released: EPS: JP¥56.27 (vs JP¥91.76 in FY 2022) Full year 2023 results: EPS: JP¥56.27 (down from JP¥91.76 in FY 2022). Revenue: JP¥6.07b (up 8.9% from FY 2022). Net income: JP¥280.0m (down 38% from FY 2022). Profit margin: 4.6% (down from 8.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Aug 12
IID, Inc., Annual General Meeting, Sep 28, 2023 IID, Inc., Annual General Meeting, Sep 28, 2023. Announcement • Jun 29
IID, Inc. to Report Fiscal Year 2023 Results on Aug 10, 2023 IID, Inc. announced that they will report fiscal year 2023 results on Aug 10, 2023 Announcement • Jun 07
IID, Inc. (TSE:6038) announces an Equity Buyback for 150,000 shares, representing 2.99% for ¥150 million. IID, Inc. (TSE:6038) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.99% of its total shares outstanding (excluding treasury shares), for a total of ¥150 million. The purpose of repurchase program is to return profits to shareholders and to implement a flexible capital policy that responds to changes in the business environment. The repurchase program is valid till July 31, 2023. As of May 31, 2023, the company had 5,015,562 shares outstanding (excluding treasury shares) and had 47,038 shares in treasury. Reported Earnings • May 15
Third quarter 2023 earnings released: EPS: JP¥25.22 (vs JP¥41.53 in 3Q 2022) Third quarter 2023 results: EPS: JP¥25.22 (down from JP¥41.53 in 3Q 2022). Revenue: JP¥1.72b (up 10.0% from 3Q 2022). Net income: JP¥126.0m (down 38% from 3Q 2022). Profit margin: 7.3% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Second quarter 2023 earnings released: EPS: JP¥24.06 (vs JP¥30.10 in 2Q 2022) Second quarter 2023 results: EPS: JP¥24.06 (down from JP¥30.10 in 2Q 2022). Revenue: JP¥1.55b (up 7.3% from 2Q 2022). Net income: JP¥120.0m (down 18% from 2Q 2022). Profit margin: 7.8% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Jan 26
IID, Inc. (TSE:6038) agreed to acquire Kabusuru Co., Ltd. from Kabliss Co., Ltd. IID, Inc. (TSE:6038) agreed to acquire Kabusuru Co., Ltd. from Kabliss Co., Ltd. on January 24, 2023. Announcement • Jan 07
IID, Inc. to Report Q2, 2023 Results on Feb 14, 2023 IID, Inc. announced that they will report Q2, 2023 results on Feb 14, 2023 Reported Earnings • Nov 16
First quarter 2023 earnings released: EPS: JP¥17.97 (vs JP¥19.39 in 1Q 2022) First quarter 2023 results: EPS: JP¥17.97 (down from JP¥19.39 in 1Q 2022). Revenue: JP¥1.35b (up 6.0% from 1Q 2022). Net income: JP¥89.0m (down 6.3% from 1Q 2022). Profit margin: 6.6% (down from 7.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. 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. 3 experienced directors. 6 highly experienced directors. No independent directors (6 non-independent directors). External Director Toshinori Shirai was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Aug 31
IID, Inc. to Report Q1, 2023 Results on Nov 14, 2022 IID, Inc. announced that they will report Q1, 2023 results on Nov 14, 2022 Reported Earnings • Aug 16
Full year 2022 earnings released: EPS: JP¥91.76 (vs JP¥93.33 in FY 2021) Full year 2022 results: EPS: JP¥91.76 (down from JP¥93.33 in FY 2021). Revenue: JP¥5.57b (up 3.1% from FY 2021). Net income: JP¥450.0m (down 3.0% from FY 2021). Profit margin: 8.1% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. 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 1% per year, which means it is significantly lagging earnings. Announcement • Aug 14
IID, Inc., Annual General Meeting, Sep 07, 2022 IID, Inc., Annual General Meeting, Sep 07, 2022. Announcement • Jun 03
IID, Inc. to Report Fiscal Year 2022 Results on Aug 12, 2022 IID, Inc. announced that they will report fiscal year 2022 results on Aug 12, 2022 Announcement • May 25
IID, Inc. (TSE:6038) announces an Equity Buyback for 33,000 shares, representing 0.67% for ¥30 million. IID, Inc. (TSE:6038) announces a share repurchase program. Under the program, the company will repurchase up to 33,000 shares, representing 0.67% of its issued share capital (excluding treasury stock), for a total purchase price of ¥30 million. The purpose of the program is to return profits to our shareholders and implement a flexible capital policy in response to changes in the business environment. The program will continue through July 31, 2022. As of April 30, 2022, the company had 4,914,407 issued shares (excluding treasury stock) and 111,993 treasury shares. Reported Earnings • May 18
Third quarter 2022 earnings released: EPS: JP¥41.53 (vs JP¥37.40 in 3Q 2021) Third quarter 2022 results: EPS: JP¥41.53 (up from JP¥37.40 in 3Q 2021). Revenue: JP¥1.56b (up 16% from 3Q 2021). Net income: JP¥204.0m (up 9.7% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. 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. 5 experienced directors. 5 highly experienced directors. No independent directors (7 non-independent directors). External Director Toshinori Shirai was the last director to join the board, commencing their role in 2014. 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 08
IID, Inc. to Report Q3, 2022 Results on May 13, 2022 IID, Inc. announced that they will report Q3, 2022 results on May 13, 2022 Reported Earnings • Feb 17
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥30.10 (down from JP¥48.67 in 2Q 2021). Revenue: JP¥1.44b (down 5.4% from 2Q 2021). Net income: JP¥147.0m (down 39% from 2Q 2021). Profit margin: 10% (down from 16% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 05
Full year 2021 earnings released: EPS JP¥93.33 (vs JP¥21.34 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥5.41b (up 2.7% from FY 2020). Net income: JP¥464.0m (up 346% from FY 2020). Profit margin: 8.6% (up from 2.0% in FY 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 14
IID, Inc. (TSE:6038) announces an Equity Buyback for 120,000 shares, representing 2.41% for ¥120 million. IID, Inc. (TSE:6038) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 2.41% for ¥120 million. The shares will be repurchased at a price of ¥865 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. The program will expire on August 16, 2021. As of June 30, 2021, the company had 4,978,707 shares(excluding treasury stock) in issue and 33,493 shares in treasury. Announcement • Jun 23
IID, Inc. (TSE:6038) agreed to acquire NHN SAVAWAY Corporation from NHN JAPAN Corp. for ¥50 million. IID, Inc. (TSE:6038) agreed to acquire NHN SAVAWAY Corporation from NHN JAPAN Corp. for ¥50 million on June 22, 2021. In the acquisition, IID, Inc. (TSE:6038) will acquire 0.019 million shares. As of December 2020, NHN SAVAWAY Corporation recorded total assets of ¥433 million, net assets of ¥358 million, operating income of ¥144 million, net income of ¥109 million. The transaction is expected to close on July 1, 2021. Reported Earnings • May 18
Third quarter 2021 earnings released: EPS JP¥37.40 (vs JP¥21.97 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥1.34b (down 5.6% from 3Q 2020). Net income: JP¥186.0m (up 71% from 3Q 2020). Profit margin: 14% (up from 7.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 28
IID, Inc. to Report Q3, 2021 Results on May 14, 2021 IID, Inc. announced that they will report Q3, 2021 results on May 14, 2021 Reported Earnings • Feb 15
Second quarter 2021 earnings released: EPS JP¥48.67 (vs JP¥12.70 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥1.52b (up 17% from 2Q 2020). Net income: JP¥242.0m (up 284% from 2Q 2020). Profit margin: 16% (up from 4.8% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 19% share price gain to JP¥883, the stock is trading at a trailing P/E ratio of 28.8x, up from the previous P/E ratio of 24.2x. This compares to an average P/E of 26x in the Media industry in Japan. Total return to shareholders over the past three years is a loss of 6.3%. Announcement • Nov 29
IID, Inc. to Report Q2, 2021 Results on Feb 12, 2021 IID, Inc. announced that they will report Q2, 2021 results on Feb 12, 2021 Announcement • Oct 10
IID, Inc. to Report Q1, 2021 Results on Nov 13, 2020 IID, Inc. announced that they will report Q1, 2021 results on Nov 13, 2020 Announcement • Aug 26
IID, Inc. (TSE:6038) agreed to acquire Go School Business from Proto Corporation (TSE:4298). IID, Inc. (TSE:6038) agreed to acquire Go School Business from Proto Corporation (TSE:4298) on August 25, 2020. The Board of Directors has passed the resolution for the transaction. Completion is scheduled to take place on October 1, 2020. Announcement • Aug 25
IID, Inc. (TSE:6038) concluded a contract to acquire Goo School business of Proto Corporation (TSE:4298) for ¥5 million. IID, Inc. (TSE:6038) concluded a contract to acquire Goo School business of Proto Corporation (TSE:4298) for ¥5 million on August 25, 2020. The transaction will not result in name change of either IID, Inc. or Proto Corporation. The business reported sales of ¥105 million for the year ending March 31, 2020. The Board of Directors of Proto Corporation passed a resolution for the transaction on August 25, 2020. The transaction is expected to be completed on October 1, 2020. Announcement • Jul 30
IID, Inc. (TSE:6038) completed the acquisition of Michael, Inc. from Mercari, Inc. (TSE:4385) IID, Inc. (TSE:6038) signed an agreement to acquire Michael, Inc. from Mercari, Inc. (TSE:4385) for ¥86 million on May 26, 2020. Under the terms of acquisition, 5,015 common shares and 254 class A preferred shares of Michael, Inc. will be transferred to IID, Inc. As of June 30, 2019, Michael, Inc. reported total common equity of ¥205 million and total assets of ¥296 million. The deal is expected to be completed on June 30, 2020.
IID, Inc. (TSE:6038) completed the acquisition of Michael, Inc. from Mercari, Inc. (TSE:4385) on June 30, 2020. Announcement • Jul 05
IID, Inc. to Report Fiscal Year 2020 Results on Aug 14, 2020 IID, Inc. announced that they will report fiscal year 2020 results on Aug 14, 2020