Announcement • Jun 28
Tokyo Communications Group,Inc. to Report Q2, 2026 Results on Aug 12, 2026 Tokyo Communications Group,Inc. announced that they will report Q2, 2026 results on Aug 12, 2026 Reported Earnings • May 19
First quarter 2026 earnings released: EPS: JP¥1.09 (vs JP¥1.79 in 1Q 2025) First quarter 2026 results: EPS: JP¥1.09 (down from JP¥1.79 in 1Q 2025). Revenue: JP¥1.60b (up 2.4% from 1Q 2025). Net income: JP¥11.0m (down 39% from 1Q 2025). Profit margin: 0.7% (down from 1.2% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥262, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 20x in the Entertainment industry in Japan. Total loss to shareholders of 77% over the past three years. Reported Earnings • Feb 14
Full year 2025 earnings released: EPS: JP¥22.83 (vs JP¥41.00 loss in FY 2024) Full year 2025 results: EPS: JP¥22.83 (up from JP¥41.00 loss in FY 2024). Revenue: JP¥6.22b (up 6.1% from FY 2024). Net income: JP¥230.0m (up JP¥643.0m from FY 2024). Profit margin: 3.7% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 13
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to JP¥284. The fair value is estimated to be JP¥374, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Feb 12
Tokyo Communications Group,Inc., Annual General Meeting, Mar 26, 2026 Tokyo Communications Group,Inc., Annual General Meeting, Mar 26, 2026. Announcement • Jan 06
Tokyo Communications Group,Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026 Tokyo Communications Group,Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026 Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: JP¥10.82 (vs JP¥10.72 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥10.82 (up from JP¥10.72 loss in 3Q 2024). Revenue: JP¥1.53b (up 4.7% from 3Q 2024). Net income: JP¥109.0m (up JP¥217.0m from 3Q 2024). Profit margin: 7.1% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Sep 04
Tokyo Communications Group,Inc. to Report Q3, 2025 Results on Nov 13, 2025 Tokyo Communications Group,Inc. announced that they will report Q3, 2025 results on Nov 13, 2025 Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: JP¥2.68 (vs JP¥7.74 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥2.68 (up from JP¥7.74 loss in 2Q 2024). Revenue: JP¥1.62b (up 16% from 2Q 2024). Net income: JP¥27.0m (up JP¥105.0m from 2Q 2024). Profit margin: 1.7% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% 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 31
Tokyo Communications Group,Inc. to Report Q2, 2025 Results on Aug 14, 2025 Tokyo Communications Group,Inc. announced that they will report Q2, 2025 results on Aug 14, 2025 Reported Earnings • May 20
First quarter 2025 earnings released: EPS: JP¥1.79 (vs JP¥7.94 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥1.79 (up from JP¥7.94 loss in 1Q 2024). Revenue: JP¥1.56b (up 14% from 1Q 2024). Net income: JP¥18.0m (up JP¥98.0m from 1Q 2024). Profit margin: 1.2% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Mar 04
Tokyo Communications Group,Inc. to Report Q1, 2025 Results on May 14, 2025 Tokyo Communications Group,Inc. announced that they will report Q1, 2025 results on May 14, 2025 Reported Earnings • Feb 15
Full year 2024 earnings released: JP¥41.00 loss per share (vs JP¥20.38 loss in FY 2023) Full year 2024 results: JP¥41.00 loss per share (further deteriorated from JP¥20.38 loss in FY 2023). Revenue: JP¥5.86b (down 5.8% from FY 2023). Net loss: JP¥413.0m (loss widened 102% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Announcement • Feb 13
Tokyo Communications Group,Inc., Annual General Meeting, Mar 28, 2025 Tokyo Communications Group,Inc., Annual General Meeting, Mar 28, 2025. Announcement • Dec 03
Tokyo Communications Group,Inc. to Report Fiscal Year 2024 Results on Feb 13, 2025 Tokyo Communications Group,Inc. announced that they will report fiscal year 2024 results on Feb 13, 2025 Reported Earnings • Nov 11
Third quarter 2024 earnings released: JP¥10.72 loss per share (vs JP¥5.76 loss in 3Q 2023) Third quarter 2024 results: JP¥10.72 loss per share (further deteriorated from JP¥5.76 loss in 3Q 2023). Revenue: JP¥1.46b (down 13% from 3Q 2023). Net loss: JP¥108.0m (loss widened 86% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Reported Earnings • May 11
First quarter 2024 earnings released: JP¥7.94 loss per share (vs JP¥7.09 loss in 1Q 2023) First quarter 2024 results: JP¥7.94 loss per share (further deteriorated from JP¥7.09 loss in 1Q 2023). Revenue: JP¥1.37b (up 9.4% from 1Q 2023). Net loss: JP¥80.0m (loss widened 14% from 1Q 2023). Announcement • Mar 16
Tokyo Communications Group,Inc. to Report Q1, 2024 Results on May 09, 2024 Tokyo Communications Group,Inc. announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Feb 17
Full year 2023 earnings released: JP¥20.38 loss per share (vs JP¥26.83 loss in FY 2022) Full year 2023 results: JP¥20.38 loss per share (improved from JP¥26.83 loss in FY 2022). Revenue: JP¥6.22b (up 23% from FY 2022). Net loss: JP¥204.0m (loss narrowed 23% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Feb 16
Tokyo Communications Group,Inc., Annual General Meeting, Mar 28, 2024 Tokyo Communications Group,Inc., Annual General Meeting, Mar 28, 2024. New Risk • Feb 16
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 8.1% 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 Risks Share price has been highly volatile over the past 3 months (8.1% average weekly change). Earnings have declined by 56% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥6.75b market cap, or US$44.9m). New Risk • Jan 22
New major risk - Revenue and earnings growth Earnings have declined by 56% 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 Risk Earnings have declined by 56% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (JP¥7.28b market cap, or US$49.2m). Announcement • Dec 05
Tokyo Communications Group,Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 Tokyo Communications Group,Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 Reported Earnings • Nov 08
Third quarter 2023 earnings released: JP¥5.76 loss per share (vs JP¥8.10 loss in 3Q 2022) Third quarter 2023 results: JP¥5.76 loss per share (improved from JP¥8.10 loss in 3Q 2022). Revenue: JP¥1.68b (up 36% from 3Q 2022). Net loss: JP¥58.0m (loss narrowed 28% from 3Q 2022). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Entertainment industry in Japan. Reported Earnings • Aug 14
Second quarter 2023 earnings released: JP¥1.70 loss per share (vs JP¥4.76 loss in 2Q 2022) Second quarter 2023 results: JP¥1.70 loss per share (improved from JP¥4.76 loss in 2Q 2022). Revenue: JP¥1.74b (up 51% from 2Q 2022). Net loss: JP¥17.0m (loss narrowed 64% from 2Q 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Entertainment industry in Japan. Announcement • Jun 23
Tokyo Communications Group,Inc. to Report Q3, 2023 Results on Nov 07, 2023 Tokyo Communications Group,Inc. announced that they will report Q3, 2023 results on Nov 07, 2023 Reported Earnings • May 12
First quarter 2023 earnings released: JP¥14.17 loss per share (vs JP¥3.85 profit in 1Q 2022) First quarter 2023 results: JP¥14.17 loss per share (down from JP¥3.85 profit in 1Q 2022). Revenue: JP¥1.25b (down 4.6% from 1Q 2022). Net loss: JP¥70.0m (down 468% from profit in 1Q 2022). Announcement • Feb 15
TokyoTsushin, Inc., Annual General Meeting, Mar 30, 2023 TokyoTsushin, Inc., Annual General Meeting, Mar 30, 2023. Reported Earnings • Feb 15
Full year 2022 earnings released: JP¥53.65 loss per share (vs JP¥40.90 profit in FY 2021) Full year 2022 results: JP¥53.65 loss per share (down from JP¥40.90 profit in FY 2021). Revenue: JP¥5.07b (up 7.2% from FY 2021). Net loss: JP¥265.0m (down 231% from profit in FY 2021). Announcement • Dec 28
TokyoTsushin, Inc. to Report Fiscal Year 2022 Results on Feb 13, 2023 TokyoTsushin, Inc. announced that they will report fiscal year 2022 results on Feb 13, 2023 Reported Earnings • Nov 20
Third quarter 2022 earnings released: JP¥16.20 loss per share (vs JP¥9.72 profit in 3Q 2021) Third quarter 2022 results: JP¥16.20 loss per share (down from JP¥9.72 profit in 3Q 2021). Revenue: JP¥1.23b (up 7.2% from 3Q 2021). Net loss: JP¥80.0m (down 267% from profit in 3Q 2021). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Outside Director Yoshihide Arai was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
Third quarter 2022 earnings released: JP¥16.20 loss per share (vs JP¥9.72 profit in 3Q 2021) Third quarter 2022 results: JP¥16.20 loss per share (down from JP¥9.72 profit in 3Q 2021). Revenue: JP¥1.23b (up 7.2% from 3Q 2021). Net loss: JP¥80.0m (down 267% from profit in 3Q 2021). Announcement • Aug 18
TokyoTsushin, Inc. to Report Q3, 2022 Results on Nov 07, 2022 TokyoTsushin, Inc. announced that they will report Q3, 2022 results on Nov 07, 2022 Reported Earnings • Aug 05
Second quarter 2022 earnings released: JP¥9.52 loss per share (vs JP¥9.72 profit in 2Q 2021) Second quarter 2022 results: JP¥9.52 loss per share (down from JP¥9.72 profit in 2Q 2021). Revenue: JP¥1.16b (flat on 2Q 2021). Net loss: JP¥47.0m (down 198% from profit in 2Q 2021). Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment deteriorated over the past week After last week's 21% share price decline to JP¥1,106, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 19x in the Entertainment industry in Japan. Total loss to shareholders of 22% over the past year. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥1,095, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 18x in the Entertainment industry in Japan. Total loss to shareholders of 29% over the past year. Buying Opportunity • Jun 14
Now 25% undervalued Over the last 90 days, the stock is up 25%. The fair value is estimated to be JP¥1,191, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 62% over the last year. Earnings per share has declined by 41%. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 32% share price gain to JP¥746, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 18x in the Entertainment industry in Japan. Total loss to shareholders of 53% over the past year. Announcement • May 13
TokyoTsushin, Inc. to Report Q2, 2022 Results on Aug 04, 2022 TokyoTsushin, Inc. announced that they will report Q2, 2022 results on Aug 04, 2022 Reported Earnings • May 11
First quarter 2022 earnings released: EPS: JP¥3.85 (vs JP¥12.78 in 1Q 2021) First quarter 2022 results: EPS: JP¥3.85 (down from JP¥12.78 in 1Q 2021). Revenue: JP¥1.31b (up 66% from 1Q 2021). Net income: JP¥19.0m (down 66% from 1Q 2021). Profit margin: 1.4% (down from 7.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Outside Director Yoshihide Arai was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
TokyoTsushin, Inc. to Report Q1, 2022 Results on May 09, 2022 TokyoTsushin, Inc. announced that they will report Q1, 2022 results on May 09, 2022 Announcement • Feb 17
TokyoTsushin, Inc., Annual General Meeting, Mar 28, 2022 TokyoTsushin, Inc., Annual General Meeting, Mar 28, 2022. Buying Opportunity • Feb 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be JP¥990, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% per annum over the last 3 years. Earnings per share has grown by 32% per annum over the last 3 years. Buying Opportunity • Jan 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 36%. The fair value is estimated to be JP¥1,011, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% per annum over the last 3 years. Earnings per share has grown by 32% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥1,494, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 21x in the Entertainment industry in Japan. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,675, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 24x in the Entertainment industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,796 per share. Reported Earnings • Apr 06
Full year 2020 earnings released: EPS JP¥44.53 (vs JP¥33.49 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: JP¥2.45b (up 49% from FY 2019). Net income: JP¥193.0m (up 34% from FY 2019). Profit margin: 7.9% (down from 8.8% in FY 2019). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥2,043, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 26x in the Entertainment industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,484 per share. Announcement • Feb 28
TokyoTsushin, Inc. to Report Q1, 2021 Results on May 07, 2021 TokyoTsushin, Inc. announced that they will report Q1, 2021 results on May 07, 2021 Announcement • Feb 16
TokyoTsushin, Inc., Annual General Meeting, Mar 30, 2021 TokyoTsushin, Inc., Annual General Meeting, Mar 30, 2021. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥44.53 (vs JP¥33.49 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: JP¥2.45b (up 49% from FY 2019). Net income: JP¥193.0m (up 34% from FY 2019). Profit margin: 7.9% (down from 8.8% in FY 2019). The decrease in margin was driven by higher expenses. Analyst Estimate Surprise Post Earnings • Feb 14
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 49%. Over the next year, revenue is forecast to grow 6.3%, compared to a 2.5% growth forecast for the Entertainment industry in Japan. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥2,189, the stock is trading at a trailing P/E ratio of 65.4x, up from the previous P/E ratio of 54.4x. This compares to an average P/E of 31x in the Entertainment industry in Japan. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 79% share price gain to JP¥2,241, the stock is trading at a trailing P/E ratio of 66.9x, up from the previous P/E ratio of 37.3x. This compares to an average P/E of 30x in the Entertainment industry in Japan.