Reported Earnings • May 20
First quarter 2026 earnings released: EPS: JP¥38.55 (vs JP¥5.21 in 1Q 2025) First quarter 2026 results: EPS: JP¥38.55 (up from JP¥5.21 in 1Q 2025). Revenue: JP¥4.04b (up 3.6% from 1Q 2025). Net income: JP¥362.0m (up JP¥311.5m from 1Q 2025). Profit margin: 9.0% (up from 1.3% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥84.84 (vs JP¥33.72 in FY 2024) Full year 2025 results: EPS: JP¥84.84 (up from JP¥33.72 in FY 2024). Revenue: JP¥15.8b (up 12% from FY 2024). Net income: JP¥816.0m (up 147% from FY 2024). Profit margin: 5.2% (up from 2.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year. Announcement • Feb 13
Orchestra Holdings Inc., Annual General Meeting, Mar 26, 2026 Orchestra Holdings Inc., Annual General Meeting, Mar 26, 2026. Announcement • Dec 26
Orchestra Holdings Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026 Orchestra Holdings Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: JP¥53.68 (vs JP¥4.77 in 3Q 2024) Third quarter 2025 results: EPS: JP¥53.68 (up from JP¥4.77 in 3Q 2024). Revenue: JP¥3.95b (up 16% from 3Q 2024). Net income: JP¥516.0m (up JP¥469.1m from 3Q 2024). Profit margin: 13% (up from 1.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. New Risk • Nov 17
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 6.7% 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 7.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (JP¥9.03b market cap, or US$58.3m). Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥934, the stock trades at a trailing P/E ratio of 49.3x. Average trailing P/E is 17x in the Media industry in Japan. Total loss to shareholders of 59% over the past three years. Announcement • Sep 27
Orchestra Holdings Inc. to Report Q3, 2025 Results on Nov 14, 2025 Orchestra Holdings Inc. announced that they will report Q3, 2025 results on Nov 14, 2025 Reported Earnings • Aug 16
Second quarter 2025 earnings released: JP¥4.34 loss per share (vs JP¥1.42 profit in 2Q 2024) Second quarter 2025 results: JP¥4.34 loss per share (down from JP¥1.42 profit in 2Q 2024). Revenue: JP¥3.71b (up 11% from 2Q 2024). Net loss: JP¥42.0m (down 400% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year whereas the company’s share price has fallen by 36% per year. Announcement • Aug 15
Orchestra Holdings Inc. (TSE:6533) announces an Equity Buyback for 400,000 shares, representing 4.14% for ¥200 million. Orchestra Holdings Inc. (TSE:6533) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 4.14% of its issued share capital (excluding treasury stock) for ¥200 million. The purpose of the program is to enable the implementation of a flexible capital policy that responds to changes in the business environment, taking into consideration the stock price level and financial situation. The company may use the acquired treasury stock for strategic M&A, etc., The program will be valid till March 24, 2026. As of June 30, 2025, the company had 9,664,568 shares in issue and 369,632 shares in treasury Announcement • Jun 26
Orchestra Holdings Inc. to Report Q2, 2025 Results on Aug 14, 2025 Orchestra Holdings Inc. announced that they will report Q2, 2025 results on Aug 14, 2025 New Risk • May 19
New major risk - Revenue and earnings growth Earnings have declined by 1.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 1.3% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (JP¥7.59b market cap, or US$52.3m). Reported Earnings • May 19
First quarter 2025 earnings released: EPS: JP¥14.71 (vs JP¥23.96 in 1Q 2024) First quarter 2025 results: EPS: JP¥14.71 (down from JP¥23.96 in 1Q 2024). Revenue: JP¥4.08b (up 20% from 1Q 2024). Net income: JP¥143.0m (down 39% from 1Q 2024). Profit margin: 3.5% (down from 6.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year whereas the company’s share price has fallen by 33% per year. Announcement • May 15
Orchestra Holdings Inc. (TSE:6533) announces an Equity Buyback for 100,000 shares, representing 1.03% for ¥50 million. Orchestra Holdings Inc. (TSE:6533) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.03% of its issued share capital (excluding treasury stock) for ¥100 million. The purpose of the program is to enable the implementation of a flexible capital policy that responds to changes in the business environment, taking into consideration the stock price level and financial situation. The company may use the acquired treasury stock for strategic M&A, etc., with the company's shares as consideration for the disposal, etc. The program will be valid till June 30, 2025. As of March 31, 2025, the company had 9,724,568 shares in issue and 309,632 shares in treasury New Risk • Apr 07
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 8.4% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (JP¥5.74b market cap, or US$39.2m). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥711, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 17x in the Media industry in Japan. Total loss to shareholders of 75% over the past three years. Announcement • Mar 26
Orchestra Holdings Inc. to Report Q1, 2025 Results on May 14, 2025 Orchestra Holdings Inc. announced that they will report Q1, 2025 results on May 14, 2025 Reported Earnings • Feb 16
Full year 2024 earnings released: EPS: JP¥33.72 (vs JP¥48.29 in FY 2023) Full year 2024 results: EPS: JP¥33.72 (down from JP¥48.29 in FY 2023). Revenue: JP¥14.0b (up 16% from FY 2023). Net income: JP¥331.0m (down 30% from FY 2023). Profit margin: 2.4% (down from 3.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Announcement • Feb 14
Orchestra Holdings Inc., Annual General Meeting, Mar 26, 2025 Orchestra Holdings Inc., Annual General Meeting, Mar 26, 2025. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥803, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 16x in the Media industry in Japan. Total loss to shareholders of 67% over the past three years. New Risk • Jan 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 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 Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥7.40b market cap, or US$47.4m). Upcoming Dividend • Dec 20
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.3%). Announcement • Dec 07
Orchestra Holdings Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 Orchestra Holdings Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 Announcement • Nov 14
Orchestra Holdings Inc. (TSE:6533) announces an Equity Buyback for 150,000 shares, representing 1.52% for ¥100 million. Orchestra Holdings Inc. (TSE:6533) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 1.52% of its issued share capital (excluding treasury stock) for ¥100 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment, considering stock price levels and financial conditions. The repurchased shares may be used for strategic M&A and other purposes in exchange for the company's stock. The program will be valid till January 31, 2025. As of September 30, 2024, the company had 9,843,868 ordinary shares in issue and 189,932 ordinary shares in treasury Announcement • Sep 20
Orchestra Holdings Inc. (TSE:6533) agreed to acquire LAND HO! from Tsukamoto Masanobu, Heartland Co.,Ltd. and others for ¥610 million. Orchestra Holdings Inc. (TSE:6533) agreed to acquire LAND HO! from Tsukamoto Masanobu, Heartland Co.,Ltd. and others for ¥610 million on September 20, 2024. A cash consideration of ¥610 million will be paid by Orchestra Holdings Inc. As part of consideration, ¥610 million is paid towards common equity of LAND HO!.
For the period ending May 31, 2024, LAND HO! reported total revenue of ¥1.3 billion, operating loss of ¥199.4 million and net loss of ¥308.06 million. As of May 31, 2024, LAND HO! reported total assets of ¥539.25 million and total common equity of ¥67.66 million.
The expected completion of the transaction is September 30, 2024. Announcement • Aug 29
Orchestra Holdings Inc. to Report Q3, 2024 Results on Nov 14, 2024 Orchestra Holdings Inc. announced that they will report Q3, 2024 results on Nov 14, 2024 Reported Earnings • Aug 19
Second quarter 2024 earnings released: EPS: JP¥1.42 (vs JP¥0.31 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥1.42 (up from JP¥0.31 loss in 2Q 2023). Revenue: JP¥3.34b (up 11% from 2Q 2023). Net income: JP¥14.0m (up JP¥17.0m from 2Q 2023). Profit margin: 0.4% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Declared Dividend • Aug 16
Dividend of JP¥11.00 announced Shareholders will receive a dividend of JP¥11.00. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 18% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 4.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,010, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 17x in the Media industry in Japan. Total loss to shareholders of 61% over the past three years. Announcement • Jun 28
Orchestra Holdings Inc. to Report Q2, 2024 Results on Aug 14, 2024 Orchestra Holdings Inc. announced that they will report Q2, 2024 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,213, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 16x in the Media industry in Japan. Total loss to shareholders of 59% over the past three years. New Risk • May 20
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 8.6% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (JP¥13.5b market cap, or US$86.8m). New Risk • May 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (JP¥11.7b market cap, or US$75.5m). Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,149, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 15x in the Media industry in Japan. Total loss to shareholders of 61% over the past three years. Announcement • Mar 08
Orchestra Holdings Inc. to Report Q1, 2024 Results on May 15, 2024 Orchestra Holdings Inc. announced that they will report Q1, 2024 results on May 15, 2024 Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,105, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 15x in the Media industry in Japan. Total loss to shareholders of 60% over the past three years. Reported Earnings • Feb 17
Full year 2023 earnings released: EPS: JP¥48.31 (vs JP¥87.04 in FY 2022) Full year 2023 results: EPS: JP¥48.31 (down from JP¥87.04 in FY 2022). Revenue: JP¥12.1b (up 17% from FY 2022). Net income: JP¥474.2m (down 44% from FY 2022). Profit margin: 3.9% (down from 8.2% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • Dec 28
Orchestra Holdings Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 Orchestra Holdings Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥10.00 per share at 0.9% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 27 March 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.7%). Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,040, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 16x in the Media industry in Japan. Total loss to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥1,101, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 15x in the Media industry in Japan. Total loss to shareholders of 54% over the past three years. Reported Earnings • Nov 20
Third quarter 2023 earnings released: EPS: JP¥7.64 (vs JP¥11.33 in 3Q 2022) Third quarter 2023 results: EPS: JP¥7.64 (down from JP¥11.33 in 3Q 2022). Revenue: JP¥3.07b (up 20% from 3Q 2022). Net income: JP¥75.0m (down 32% from 3Q 2022). Profit margin: 2.4% (down from 4.3% 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 10% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2023 earnings released: JP¥0.31 loss per share (vs JP¥20.21 profit in 2Q 2022) Second quarter 2023 results: JP¥0.31 loss per share (down from JP¥20.21 profit in 2Q 2022). Revenue: JP¥3.01b (up 22% from 2Q 2022). Net loss: JP¥3.00m (down 101% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥999, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 16x in the Media industry in Japan. Total loss to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥1,215, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 15x in the Media industry in Japan. Total returns to shareholders of 10% over the past three years. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: JP¥87.04 (vs JP¥77.30 in FY 2021) Full year 2022 results: EPS: JP¥87.04 (up from JP¥77.30 in FY 2021). Revenue: JP¥10.4b (down 38% from FY 2021). Net income: JP¥853.0m (up 13% from FY 2021). Profit margin: 8.2% (up from 4.5% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 38% per year. Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: JP¥87.04 (vs JP¥77.30 in FY 2021) Full year 2022 results: EPS: JP¥87.04 (up from JP¥77.30 in FY 2021). Revenue: JP¥10.4b (down 38% from FY 2021). Net income: JP¥853.0m (up 13% from FY 2021). Profit margin: 8.2% (up from 4.5% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Feb 14
Orchestra Holdings Inc., Annual General Meeting, Mar 24, 2023 Orchestra Holdings Inc., Annual General Meeting, Mar 24, 2023. Announcement • Jan 13
Orchestra Holdings Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023 Orchestra Holdings Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.7%). Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: JP¥11.33 (vs JP¥8.48 in 3Q 2021) Third quarter 2022 results: EPS: JP¥11.33 (up from JP¥8.48 in 3Q 2021). Revenue: JP¥2.56b (down 41% from 3Q 2021). Net income: JP¥111.0m (up 34% from 3Q 2021). Profit margin: 4.3% (up from 1.9% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Outside Director Hiroyuki Iwai was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 28
Orchestra Holdings Inc. to Report Q3, 2022 Results on Nov 14, 2022 Orchestra Holdings Inc. announced that they will report Q3, 2022 results on Nov 14, 2022 Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: JP¥20.21 (vs JP¥19.51 in 2Q 2021) Second quarter 2022 results: EPS: JP¥20.21 (up from JP¥19.51 in 2Q 2021). Revenue: JP¥2.47b (down 35% from 2Q 2021). Net income: JP¥198.0m (up 3.7% from 2Q 2021). Profit margin: 8.0% (up from 5.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 40% per year. Announcement • Jul 03
Orchestra Holdings Inc. to Report Q2, 2022 Results on Aug 12, 2022 Orchestra Holdings Inc. announced that they will report Q2, 2022 results on Aug 12, 2022 Buying Opportunity • Jun 17
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be JP¥3,076, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 34%. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Outside Director Hiroyuki Iwai was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Orchestra Holdings Inc. to Report Q1, 2022 Results on May 13, 2022 Orchestra Holdings Inc. announced that they will report Q1, 2022 results on May 13, 2022 Reported Earnings • Feb 20
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥77.30 (up from JP¥47.23 in FY 2020). Revenue: JP¥16.6b (up 41% from FY 2020). Net income: JP¥757.0m (up 74% from FY 2020). Profit margin: 4.5% (up from 3.7% in FY 2020). 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 increased by 30% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 15
Orchestra Holdings Inc., Annual General Meeting, Mar 29, 2022 Orchestra Holdings Inc., Annual General Meeting, Mar 29, 2022. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥4,130, the stock trades at a trailing P/E ratio of 59.7x. Average trailing P/E is 18x in the Media industry in Japan. Total returns to shareholders of 399% over the past three years. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS JP¥8.48 (vs JP¥10.81 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥4.31b (up 46% from 3Q 2020). Net income: JP¥83.0m (down 16% from 3Q 2020). Profit margin: 1.9% (down from 3.4% in 3Q 2020). 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 increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥4,650, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 20x in the Media industry in Japan. Total returns to shareholders of 358% over the past three years. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥4,025, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 19x in the Media industry in Japan. Total returns to shareholders of 363% over the past three years. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 21% share price gain to JP¥3,275, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 18x in the Media industry in Japan. Total returns to shareholders of 271% over the past three years.