Announcement • Jun 28
Branding Technology Inc. to Report Q1, 2027 Results on Aug 07, 2026 Branding Technology Inc. announced that they will report Q1, 2027 results on Aug 07, 2026 New Risk • Jun 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 6.9% 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: Major Risk Market cap is less than US$10m (JP¥1.57b market cap, or US$9.79m). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (0.9% net profit margin). Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥1,140, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 14x in the Media industry in Japan. Total returns to shareholders of 8.1% over the past three years. Announcement • May 21
Branding Technology Inc. (TSE:7067) announces an Equity Buyback for 95,200 shares, representing 5.94% for ¥100 million. Branding Technology Inc. (TSE:7067) announces a share repurchase program. Under the program, the company will repurchase 95,200 shares, representing 5.94% of its share capital, for ¥100 million. The company will repurchase its shares in order to improve capital efficiency and enable the implementation of a flexible capital policy. The program will run until November 25, 2026. As of March 31, 2026, the company had 1,602,215 shares outstanding (excluding treasury shares) and 0 shares in treasury. Reported Earnings • May 17
Full year 2026 earnings released: EPS: JP¥27.93 (vs JP¥48.88 in FY 2025) Full year 2026 results: EPS: JP¥27.93 (down from JP¥48.88 in FY 2025). Revenue: JP¥4.80b (down 4.6% from FY 2025). Net income: JP¥44.0m (down 42% from FY 2025). Profit margin: 0.9% (down from 1.5% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year. Announcement • May 13
Branding Technology Inc., Annual General Meeting, Jun 29, 2026 Branding Technology Inc., Annual General Meeting, Jun 29, 2026. Announcement • May 10
Branding Technology Inc. to Report Fiscal Year 2026 Results on May 13, 2026 Branding Technology Inc. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%). New Risk • Mar 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.55b (US$9.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (JP¥1.55b market cap, or US$9.85m). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥3.80 (vs JP¥5.93 in 3Q 2025) Third quarter 2026 results: EPS: JP¥3.80 (down from JP¥5.93 in 3Q 2025). Revenue: JP¥1.26b (down 4.4% from 3Q 2025). Net income: JP¥6.00m (down 33% from 3Q 2025). Profit margin: 0.5% (down from 0.7% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jan 20
Now 21% undervalued Over the last 90 days, the stock has risen 12% to JP¥1,092. The fair value is estimated to be JP¥1,375, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 16%. New Risk • Jan 08
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 6.0% 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 (6.0% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (JP¥1.99b market cap, or US$12.7m). Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,175, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 17x in the Media industry in Japan. Total returns to shareholders of 25% over the past three years. Announcement • Dec 02
Branding Technology Inc. announced that it has received ¥25.9 million in funding from Enjin Co., Ltd. On December 2, 2025, Branding Technology Inc. closed the transaction. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥5.76 (vs JP¥19.86 in 2Q 2025) Second quarter 2026 results: EPS: JP¥5.76 (down from JP¥19.86 in 2Q 2025). Revenue: JP¥1.13b (down 9.1% from 2Q 2025). Net income: JP¥9.00m (down 71% from 2Q 2025). Profit margin: 0.8% (down from 2.5% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% 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 • Nov 18
Branding Technology Inc. announced that it expects to receive ¥25.9 million in funding from Enjin Co., Ltd. Branding Technology Inc. announced a private placement to issue 25,900 common shares at an issue price of ¥1,000 per share for gross proceeds of ¥25,900,000 on November 17, 2025. The transaction includes participation from new investor, Enjin Co., Ltd. The transaction will happen through third party allocation. The issue date will be December 2, 2025. The transaction has been approved at board of director meeting of the company. New Risk • Oct 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.51b (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (JP¥1.51b market cap, or US$9.94m). Announcement • Oct 02
Branding Technology Inc. to Report Q2, 2026 Results on Nov 14, 2025 Branding Technology Inc. announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Aug 14
Branding Technology Inc. announced that it has received ¥20 million in funding from JAPAN AI, Inc. On August 13, 2025, Branding Technology Inc. closed the transaction, Reported Earnings • Aug 10
First quarter 2026 earnings released: JP¥5.79 loss per share (vs JP¥6.28 profit in 1Q 2025) First quarter 2026 results: JP¥5.79 loss per share (down from JP¥6.28 profit in 1Q 2025). Revenue: JP¥1.07b (up 3.6% from 1Q 2025). Net loss: JP¥9.00m (down 190% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Jul 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥1.74b market cap, or US$11.9m). Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,122, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 11% over the past three years. Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: JP¥48.88 (vs JP¥1.88 in FY 2024) Full year 2025 results: EPS: JP¥48.88 (up from JP¥1.88 in FY 2024). Revenue: JP¥5.03b (up 9.2% from FY 2024). Net income: JP¥76.0m (up JP¥73.0m from FY 2024). Profit margin: 1.5% (up from 0.1% 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 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jun 27
Branding Technology Inc. to Report Q1, 2026 Results on Aug 08, 2025 Branding Technology Inc. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥48.88 (vs JP¥1.88 in FY 2024) Full year 2025 results: EPS: JP¥48.88 (up from JP¥1.88 in FY 2024). Revenue: JP¥5.03b (up 9.2% from FY 2024). Net income: JP¥76.0m (up JP¥73.0m from FY 2024). Profit margin: 1.5% (up from 0.1% 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 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • May 14
Branding Technology Inc., Annual General Meeting, Jun 27, 2025 Branding Technology Inc., Annual General Meeting, Jun 27, 2025. Announcement • Mar 27
Branding Technology Inc. to Report Fiscal Year 2025 Results on May 14, 2025 Branding Technology Inc. announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.3%). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥5.93 (vs JP¥1.25 in 3Q 2024) Third quarter 2025 results: EPS: JP¥5.93 (up from JP¥1.25 in 3Q 2024). Revenue: JP¥1.32b (up 13% from 3Q 2024). Net income: JP¥9.00m (up 350% from 3Q 2024). Profit margin: 0.7% (up from 0.2% 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 32% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jan 17
Branding Technology Inc. to Report Q3, 2025 Results on Feb 13, 2025 Branding Technology Inc. announced that they will report Q3, 2025 results on Feb 13, 2025 Announcement • Jan 16
Branding Technology Inc. announced that it has received ¥44.055 million in funding from Japan Asia Investment Co., Ltd. On January 14, 2025 Branding Technology Inc. closed the transaction. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 44% After last week's 44% share price gain to JP¥1,338, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 17x in the Media industry in Japan. Total returns to shareholders of 44% over the past three years. New Risk • Oct 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.48b (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (JP¥1.48b market cap, or US$9.97m). Minor Risk Profit margins are more than 30% lower than last year (0.3% net profit margin). Announcement • Oct 04
Branding Technology Inc. to Report Q2, 2025 Results on Nov 13, 2024 Branding Technology Inc. announced that they will report Q2, 2025 results on Nov 13, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥6.28 (vs JP¥0.63 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥6.28 (up from JP¥0.63 loss in 1Q 2024). Revenue: JP¥1.03b (down 5.0% from 1Q 2024). Net income: JP¥10.0m (up JP¥11.0m from 1Q 2024). Profit margin: 1.0% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Aug 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.35b (US$9.45m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (40% accrual ratio). Market cap is less than US$10m (JP¥1.35b market cap, or US$9.45m). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (0.07% net profit margin). Announcement • Jun 28
Branding Technology Inc. to Report Q1, 2025 Results on Aug 09, 2024 Branding Technology Inc. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥1.88 (vs JP¥49.51 in FY 2023) Full year 2024 results: EPS: JP¥1.88 (down from JP¥49.51 in FY 2023). Revenue: JP¥4.61b (down 11% from FY 2023). Net income: JP¥3.00m (down 96% from FY 2023). Profit margin: 0.1% (down from 1.5% in FY 2023). The decrease in margin was driven by lower revenue. 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 6% per year, which means it is significantly lagging earnings. Announcement • May 16
Branding Technology Inc., Annual General Meeting, Jun 27, 2024 Branding Technology Inc., Annual General Meeting, Jun 27, 2024. Announcement • May 15
Branding Technology Inc. (TSE:7067) announces an Equity Buyback for 90,900 shares, representing 5.68% for ¥100 million. Branding Technology Inc. (TSE:7067) announces a share repurchase program. Under the program, the company will repurchase 90,900 shares, representing 5.68% of its share capital, for ¥100 million. The company will repurchase its shares in order to improve capital efficiency and enable the implementation of a flexible capital policy. The program will run until November 12, 2024. As of March 31, 2024, the company had 1,600,015 shares outstanding (excluding treasury shares) and 0 shares in treasury. New Risk • Apr 05
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 151% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 151% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (JP¥1.65b market cap, or US$10.9m). Announcement • Mar 29
Branding Technology Inc. to Report Fiscal Year 2024 Results on May 14, 2024 Branding Technology Inc. announced that they will report fiscal year 2024 results on May 14, 2024 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: 01 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.2%). New Risk • Feb 13
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 5.5% 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 (5.5% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (JP¥1.61b market cap, or US$10.8m). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥1.25 (vs JP¥13.15 in 3Q 2023) Third quarter 2024 results: EPS: JP¥1.25 (down from JP¥13.15 in 3Q 2023). Revenue: JP¥1.17b (down 12% from 3Q 2023). Net income: JP¥2.00m (down 91% from 3Q 2023). Profit margin: 0.2% (down from 1.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Dec 29
Branding Technology Inc. to Report Q3, 2024 Results on Feb 09, 2024 Branding Technology Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: JP¥3.75 loss per share (vs JP¥17.57 profit in 2Q 2023) Second quarter 2024 results: JP¥3.75 loss per share (down from JP¥17.57 profit in 2Q 2023). Revenue: JP¥1.12b (down 14% from 2Q 2023). Net loss: JP¥6.00m (down 121% from profit in 2Q 2023). 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 14% per year, which means it is significantly lagging earnings. Announcement • Sep 28
Branding Technology Inc. to Report Q2, 2024 Results on Nov 10, 2023 Branding Technology Inc. announced that they will report Q2, 2024 results on Nov 10, 2023 Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥950, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 15x in the Media industry in Japan. Total loss to shareholders of 16% over the past three years. New Risk • Aug 15
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥1.55b market cap, or US$10.6m). Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥0.63 loss per share (vs JP¥5.02 profit in 1Q 2023) First quarter 2024 results: JP¥0.63 loss per share (down from JP¥5.02 profit in 1Q 2023). Revenue: JP¥1.09b (down 13% from 1Q 2023). Net loss: JP¥1.00m (down 113% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Branding Technology Inc. to Report Q1, 2024 Results on Aug 10, 2023 Branding Technology Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,274, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 15x in the Media industry in Japan. Total loss to shareholders of 20% over the past three years. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥49.51 (vs JP¥50.89 in FY 2022) Full year 2023 results: EPS: JP¥49.51 (down from JP¥50.89 in FY 2022). Revenue: JP¥5.16b (up 4.5% from FY 2022). Net income: JP¥79.0m (down 2.5% from FY 2022). Profit margin: 1.5% (down from 1.6% 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 73% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Branding Technology Inc., Annual General Meeting, Jun 29, 2023 Branding Technology Inc., Annual General Meeting, Jun 29, 2023. Buying Opportunity • May 10
Now 20% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be JP¥1,547, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 50%. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥16.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%). Buying Opportunity • Mar 16
Now 22% undervalued Over the last 90 days, the stock is up 25%. The fair value is estimated to be JP¥1,604, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 50%. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,365, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 15x in the Media industry in Japan. Total returns to shareholders of 35% over the past three years. Buying Opportunity • Feb 27
Now 26% undervalued Over the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥1,578, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 50%. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥1,236, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 15x in the Media industry in Japan. Total loss to shareholders of 34% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥13.15 (vs JP¥21.35 in 3Q 2022) Third quarter 2023 results: EPS: JP¥13.15 (down from JP¥21.35 in 3Q 2022). Revenue: JP¥1.32b (down 1.9% from 3Q 2022). Net income: JP¥21.0m (down 38% from 3Q 2022). Profit margin: 1.6% (down from 2.5% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Dec 28
Branding Technology Inc. to Report Q3, 2023 Results on Feb 10, 2023 Branding Technology Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥17.57 (vs JP¥22.64 in 2Q 2022) Second quarter 2023 results: EPS: JP¥17.57 (down from JP¥22.64 in 2Q 2022). Revenue: JP¥1.30b (up 6.8% from 2Q 2022). Net income: JP¥28.0m (down 22% from 2Q 2022). Profit margin: 2.2% (down from 3.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media 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 21% per year, which means it is significantly lagging earnings. Announcement • Sep 28
Branding Technology Inc. to Report Q2, 2023 Results on Nov 11, 2022 Branding Technology Inc. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥5.02 (vs JP¥3.14 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥5.02 (up from JP¥3.14 loss in 1Q 2022). Revenue: JP¥1.25b (up 21% from 1Q 2022). Net income: JP¥8.00m (up JP¥13.0m from 1Q 2022). Profit margin: 0.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6%, compared to a 6.7% growth forecast for the industry in Japan. Announcement • Jul 01
Branding Technology Inc. to Report Q1, 2023 Results on Aug 10, 2022 Branding Technology Inc. announced that they will report Q1, 2023 results on Aug 10, 2022 Announcement • May 18
Branding Technology Inc., Annual General Meeting, Jun 29, 2022 Branding Technology Inc., Annual General Meeting, Jun 29, 2022. Reported Earnings • May 17
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥50.89 (up from JP¥26.35 loss in FY 2021). Revenue: JP¥4.94b (up 12% from FY 2021). Net income: JP¥81.0m (up JP¥123.0m from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 85%. Over the next year, revenue is forecast to grow 13%, compared to a 3.0% growth forecast for the industry in Japan. Announcement • Apr 08
Branding Technology Inc. to Report Fiscal Year 2022 Results on May 13, 2022 Branding Technology Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 16
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥21.35 (down from JP¥28.30 in 3Q 2021). Revenue: JP¥1.35b (up 20% from 3Q 2021). Net income: JP¥34.0m (down 24% from 3Q 2021). Profit margin: 2.5% (down from 4.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 3.4% growth forecast for the industry in Japan. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥22.64 (vs JP¥18.80 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.21b (up 8.0% from 2Q 2021). Net income: JP¥36.0m (up JP¥66.0m from 2Q 2021). Profit margin: 3.0% (up from net loss in 2Q 2021). Reported Earnings • May 19
Full year 2021 earnings released: JP¥26.35 loss per share (vs JP¥26.54 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥4.42b (down 14% from FY 2020). Net loss: JP¥42.0m (down 200% from profit in FY 2020). Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥28.30 (vs JP¥8.70 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¥1.12b (down 11% from 3Q 2020). Net income: JP¥45.0m (up 221% from 3Q 2020). Profit margin: 4.0% (up from 1.1% in 3Q 2020). Announcement • Dec 30
Branding Technology Inc. to Report Q3, 2021 Results on Feb 12, 2021 Branding Technology Inc. announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 28
New 90-day low: JP¥1,099 The company is down 50% from its price of JP¥2,218 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥1,404 The company is down 11% from its price of JP¥1,580 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 13% over the same period.