Buy Or Sell Opportunity • Jul 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to JP¥924. The fair value is estimated to be JP¥1,155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 33%. New Risk • Jul 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥16.3b (US$99.9m) This is considered a minor 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Market cap is less than US$100m (JP¥16.3b market cap, or US$99.9m). Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥983, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 11x in the Real Estate industry in Japan. Total returns to shareholders of 118% over the past three years. Announcement • Jun 03
Glc Group,Inc. to Report Q2, 2026 Results on Aug 07, 2026 Glc Group,Inc. announced that they will report Q2, 2026 results on Aug 07, 2026 Reported Earnings • May 20
First quarter 2026 earnings released: EPS: JP¥3.68 (vs JP¥34.74 in 1Q 2025) First quarter 2026 results: EPS: JP¥3.68 (down from JP¥34.74 in 1Q 2025). Revenue: JP¥3.30b (down 53% from 1Q 2025). Net income: JP¥61.0m (down 89% from 1Q 2025). Profit margin: 1.8% (down from 8.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to JP¥1,230, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 13x in the Real Estate industry in Japan. Total returns to shareholders of 348% over the past three years. New Risk • Feb 18
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥100 (vs JP¥59.44 in FY 2024) Full year 2025 results: EPS: JP¥100 (up from JP¥59.44 in FY 2024). Revenue: JP¥24.5b (up 43% from FY 2024). Net income: JP¥1.65b (up 65% from FY 2024). Profit margin: 6.7% (up from 5.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 13
Glc Group,Inc., Annual General Meeting, Mar 26, 2026 Glc Group,Inc., Annual General Meeting, Mar 26, 2026. New Risk • Nov 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.4b (US$99.5m) This is considered a minor 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 Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks High level of debt (60% net debt to equity). Market cap is less than US$100m (JP¥15.4b market cap, or US$99.5m). Reported Earnings • Nov 13
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: JP¥5.51b (up 23% from 3Q 2024). Net income: JP¥250.0m (down 8.1% from 3Q 2024). Profit margin: 4.5% (down from 6.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,026, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 11x in the Real Estate industry in Japan. Total returns to shareholders of 573% over the past three years. New Risk • Nov 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% 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 (7.9% average weekly change). Minor Risk High level of debt (71% net debt to equity). Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥1,197, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 11x in the Real Estate industry in Japan. Total returns to shareholders of 635% over the past three years. Announcement • Sep 27
Good Life Company,Inc. to Report Q3, 2025 Results on Nov 10, 2025 Good Life Company,Inc. announced that they will report Q3, 2025 results on Nov 10, 2025 New Risk • Aug 30
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 4.9% 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: Minor Risks High level of debt (71% net debt to equity). Share price has been volatile over the past 3 months (4.9% average weekly change). Reported Earnings • Aug 10
Second quarter 2025 earnings released: EPS: JP¥88.22 (vs JP¥33.76 in 2Q 2024) Second quarter 2025 results: EPS: JP¥88.22 (up from JP¥33.76 in 2Q 2024). Revenue: JP¥4.51b (up 65% from 2Q 2024). Net income: JP¥363.0m (up 156% from 2Q 2024). Profit margin: 8.1% (up from 5.2% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 27
Good Life Company,Inc. to Report Q2, 2025 Results on Aug 08, 2025 Good Life Company,Inc. announced that they will report Q2, 2025 results on Aug 08, 2025 Reported Earnings • May 19
First quarter 2025 earnings released: EPS: JP¥139 (vs JP¥93.65 in 1Q 2024) First quarter 2025 results: EPS: JP¥139 (up from JP¥93.65 in 1Q 2024). Revenue: JP¥6.97b (up 44% from 1Q 2024). Net income: JP¥578.0m (up 47% from 1Q 2024). Profit margin: 8.3% (up from 8.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 27
Good Life Company,Inc. to Report Q1, 2025 Results on May 14, 2025 Good Life Company,Inc. announced that they will report Q1, 2025 results on May 14, 2025 Reported Earnings • Feb 16
Full year 2024 earnings released: EPS: JP¥238 (vs JP¥167 in FY 2023) Full year 2024 results: EPS: JP¥238 (up from JP¥167 in FY 2023). Revenue: JP¥17.1b (up 50% from FY 2023). Net income: JP¥1.00b (up 44% from FY 2023). Profit margin: 5.8% (down from 6.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 14
Good Life Company,Inc., Annual General Meeting, Mar 26, 2025 Good Life Company,Inc., Annual General Meeting, Mar 26, 2025. Announcement • Jan 03
Good Life Company,Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 Good Life Company,Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 Announcement • Dec 19
Good Life Company,Inc. (TSE:2970) announces an Equity Buyback for 200,000 shares, representing 4.73% for ¥500 million. Good Life Company,Inc. (TSE:2970) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 4.73% of its issued share capital, for ¥500 million. The purpose of the program is to improve capital efficiency and enable the implementation of flexible capital policies in response to changes in the business environment. The program will be valid till February 14, 2025. As of November 30, 2024, the company has 4,229,360 issued shares (excluding treasury stock) and 68,440 treasury shares. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,382, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 161% over the past three years. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥2,397, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 11x in the Real Estate industry in Japan. Total returns to shareholders of 152% over the past three years. Announcement • Oct 28
Good Life Company,Inc. (TSE:2970) completed the acquisition of 16% stake in Develop Design Co.,Ltd. from Masataka Takebayashi. Good Life Company,Inc. (TSE:2970) signed a letter of intent to acquire 16% stake in Develop Design Co.,Ltd. from Masataka Takebayashi on September 30, 2024. Good Life Company,Inc. (TSE:2970) signed share exchange agreement to acquire 16% stake in Develop Design Co.,Ltd. from Masataka Takebayashi on October 3, 2024.
For the period ending September 30, 2023, Develop Design Co.,Ltd. reported total revenue of ¥1.7 billion, EBIT of ¥315 million and net income of ¥226 million. As of September 30, 2023, Develop Design Co.,Ltd. reported total assets of ¥2.24 billion and total common equity of ¥985 million. The expected completion of the transaction is in end of October, 2024. As of October 4, 2024, the deal is expected to be completed on October 28, 2024.
Good Life Company,Inc. (TSE:2970) completed the acquisition of 16% stake in Develop Design Co.,Ltd. from Masataka Takebayashi on October 28, 2024. Announcement • Oct 02
Good Life Company,Inc. (TSE:2970) agreed to acquire 80% stake in Develop Design Co.,Ltd. from Masataka Takebayashi Good Life Company,Inc. (TSE:2970) signed a letter of intent to acquire 80% stake in Develop Design Co.,Ltd. on September 30, 2024.
For the period ending September 30, 2023, Develop Design Co.,Ltd. reported total revenue of ¥1.7 billion, EBIT of ¥315 million and net income of ¥226 million. As of September 30, 2023, Develop Design Co.,Ltd. reported total assets of ¥2.24 billion and total common equity of ¥985 million.
The expected completion of the transaction is in end of October, 2024. Announcement • Sep 03
Good Life Company,Inc. to Report Q3, 2024 Results on Nov 13, 2024 Good Life Company,Inc. announced that they will report Q3, 2024 results on Nov 13, 2024 Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,385, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 146% over the past three years. Announcement • Jun 08
Good Life Company,Inc. to Report Q2, 2024 Results on Aug 09, 2024 Good Life Company,Inc. announced that they will report Q2, 2024 results on Aug 09, 2024 Announcement • Jun 05
Good Life Companies Welcomes Rob Engle as Chief Revenue Officer Good Life Companies announced that the firm has welcomed Rob Engle as Chief Revenue Officer. In his role, Engle will be responsible for leading business development strategies to drive growth for the firm and its nationwide advisor network. He joins the firm's executive leadership team and reports to CEO Conor Delaney. Engle has nearly 30 years of experience in business development, performance management, strategy, and sales operations. He spent over 17 years at LPL Financial leading divisional business development teams, followed by leadership roles at Grove Point Financial and Axtella Financial. Prior to these roles, he managed a private practice at Merrill Lynch. He holds an MBA from Marquette University, and he has been actively involved with Junior Achievement for over 20 years. Rob spent time in the U.S. Naval Reserves and currently resides in Milwaukee, Wis. Reported Earnings • May 20
First quarter 2024 earnings released: EPS: JP¥93.65 (vs JP¥57.94 in 1Q 2023) First quarter 2024 results: EPS: JP¥93.65 (up from JP¥57.94 in 1Q 2023). Revenue: JP¥4.85b (up 26% from 1Q 2023). Net income: JP¥392.0m (up 62% from 1Q 2023). Profit margin: 8.1% (up from 6.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year whereas the company’s share price has increased by 57% per year. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥3,905, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 265% over the past three years. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: JP¥167 (vs JP¥73.76 in FY 2022) Full year 2023 results: EPS: JP¥167 (up from JP¥73.76 in FY 2022). Revenue: JP¥11.4b (up 42% from FY 2022). Net income: JP¥696.0m (up 125% from FY 2022). Profit margin: 6.1% (up from 3.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥4,695, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 392% over the past three years. Announcement • Feb 24
Good Life Company,Inc. to Report Q1, 2024 Results on Apr 12, 2024 Good Life Company,Inc. announced that they will report Q1, 2024 results on Apr 12, 2024 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥2,900, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 185% over the past three years. Reported Earnings • Feb 17
Full year 2023 earnings released: EPS: JP¥167 (vs JP¥73.76 in FY 2022) Full year 2023 results: EPS: JP¥167 (up from JP¥73.76 in FY 2022). Revenue: JP¥11.4b (up 42% from FY 2022). Net income: JP¥696.0m (up 125% from FY 2022). Profit margin: 6.1% (up from 3.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Announcement • Feb 16
Good Life Company,Inc., Annual General Meeting, Mar 26, 2024 Good Life Company,Inc., Annual General Meeting, Mar 26, 2024. New Risk • Feb 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.8% 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 (8.8% average weekly change). Minor Risk Market cap is less than US$100m (JP¥9.22b market cap, or US$62.8m). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥2,208, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 110% over the past three years. Announcement • Dec 29
Good Life Company,Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 Good Life Company,Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥1,605, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 11x in the Real Estate industry in Japan. Total returns to shareholders of 4.0% over the past three years. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: JP¥63.72 (vs JP¥45.73 in 3Q 2022) Third quarter 2023 results: EPS: JP¥63.72 (up from JP¥45.73 in 3Q 2022). Revenue: JP¥3.45b (up 26% from 3Q 2022). Net income: JP¥266.0m (up 39% from 3Q 2022). Profit margin: 7.7% (up from 7.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Sep 03
Good Life Company,Inc. to Report Q3, 2023 Results on Nov 14, 2023 Good Life Company,Inc. announced that they will report Q3, 2023 results on Nov 14, 2023 Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: JP¥24.48 (vs JP¥7.61 in 2Q 2022) Second quarter 2023 results: EPS: JP¥24.48 (up from JP¥7.61 in 2Q 2022). Revenue: JP¥2.19b (up 61% from 2Q 2022). Net income: JP¥102.0m (up 219% from 2Q 2022). Profit margin: 4.7% (up from 2.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,985, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,904, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 80% over the past three years. Announcement • Jun 23
Good Life Company,Inc. to Report Q2, 2023 Results on Aug 10, 2023 Good Life Company,Inc. announced that they will report Q2, 2023 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,742, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 100% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,353, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 49% over the past three years. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: JP¥73.76 (vs JP¥51.44 in FY 2021) Full year 2022 results: EPS: JP¥73.76 (up from JP¥51.44 in FY 2021). Revenue: JP¥8.06b (up 9.1% from FY 2021). Net income: JP¥310.0m (up 43% from FY 2021). Profit margin: 3.8% (up from 2.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,338, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 9x in the Real Estate industry in Japan. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,305, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 9x in the Real Estate industry in Japan. Negligible returns to shareholders over past three years. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: JP¥73.76 (vs JP¥51.44 in FY 2021) Full year 2022 results: EPS: JP¥73.76 (up from JP¥51.44 in FY 2021). Revenue: JP¥8.06b (up 9.1% from FY 2021). Net income: JP¥310.0m (up 43% from FY 2021). Profit margin: 3.8% (up from 2.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥796, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 9x in the Real Estate industry in Japan. Total loss to shareholders of 14% over the past three years. Announcement • Dec 28
Good Life Company,Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023 Good Life Company,Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023 Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: JP¥45.73 (vs JP¥0.95 in 3Q 2021) Third quarter 2022 results: EPS: JP¥45.73 (up from JP¥0.95 in 3Q 2021). Revenue: JP¥2.73b (up 73% from 3Q 2021). Net income: JP¥192.0m (up JP¥188.0m from 3Q 2021). Profit margin: 7.0% (up from 0.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Independent Outside Audit & Supervisory Board Member Koichi Himeno is the most experienced director on the board, commencing their role in 2019. Independent Outside Audit & Supervisory Board Member Yasushi Yanagibori was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Announcement • Aug 28
Good Life Company,Inc. to Report Q3, 2022 Results on Nov 14, 2022 Good Life Company,Inc. announced that they will report Q3, 2022 results on Nov 14, 2022 Announcement • Aug 25
Good Life Company,Inc. (TSE:2970) announces an Equity Buyback for 21,000 shares, representing 0.5% for ¥13.67 million. Good Life Company,Inc. (TSE:2970) announces a share repurchase program. Under the program, the company will repurchase 21,000 shares, representing 0.5% of its share capital, at ¥651 per share for ¥13.67 million. The company will repurchase its shares in order to improve capital efficiency and enable the implementation of a flexible capital policy in response to changes in the business environment. As of July 31, 2022, the company had 4,207,114 shares outstanding (excluding treasury shares) and 41,486 shares in treasury. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: JP¥7.61 (vs JP¥7.11 in 2Q 2021) Second quarter 2022 results: EPS: JP¥7.61 (up from JP¥7.11 in 2Q 2021). Revenue: JP¥1.36b (up 4.0% from 2Q 2021). Net income: JP¥32.0m (up 6.7% from 2Q 2021). Profit margin: 2.4% (up from 2.3% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Jun 01
Good Life Company,Inc. to Report Q2, 2022 Results on Aug 12, 2022 Good Life Company,Inc. announced that they will report Q2, 2022 results on Aug 12, 2022 Board Change • Apr 27
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Independent Outside Audit & Supervisory Board Member Koichi Himeno is the most experienced director on the board, commencing their role in 2019. Independent Outside Audit & Supervisory Board Member Yasushi Yanagibori was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improved over the past week After last week's 33% share price gain to JP¥900, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 69% over the past three years. Announcement • Apr 08
Good Life Company,Inc. to Report Q1, 2022 Results on May 13, 2022 Good Life Company,Inc. announced that they will report Q1, 2022 results on May 13, 2022 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥614, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 23% over the past three years. Announcement • Feb 22
Good Life Company,Inc. (JASDAQ:2970) announces an Equity Buyback for 20,000 shares, representing 0.47% for ¥12.6 million. Good Life Company,Inc. (JASDAQ:2970) announces a share repurchase program. Under the program, the company will repurchase 20,000 shares, representing 0.5% of its share capital, at ¥600 per share for ¥12.6 million. The company will repurchase its shares in order to improve capital efficiency and enable the implementation of a flexible capital policy in response to changes in the business environment. As of January 31, 2022 the company had 4,228,114 shares outstanding (excluding treasury shares) and 20,486 shares in treasury. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥593, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 22% over the past three years. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥51.44 (up from JP¥28.76 in FY 2020). Revenue: JP¥7.39b (up 56% from FY 2020). Net income: JP¥217.0m (up 79% from FY 2020). Profit margin: 2.9% (up from 2.6% 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 fallen by 16% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Feb 16
Good Life Company,Inc., Annual General Meeting, Mar 29, 2022 Good Life Company,Inc., Annual General Meeting, Mar 29, 2022. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS JP¥0.95 (vs JP¥16.20 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¥1.58b (up 47% from 3Q 2020). Net income: JP¥4.00m (down 94% from 3Q 2020). Profit margin: 0.3% (down from 6.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,130, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 2.6% over the past year. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥1,140, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 40% over the past year. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS JP¥28.76 (vs JP¥85.52 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥4.72b (up 3.4% from FY 2019). Net income: JP¥121.0m (down 66% from FY 2019). Profit margin: 2.6% (down from 7.9% in FY 2019). The decrease in margin was driven by higher expenses. Announcement • Mar 03
Good Life Company,Inc. to Report Q1, 2021 Results on May 14, 2021 Good Life Company,Inc. announced that they will report Q1, 2021 results on May 14, 2021 Announcement • Feb 27
Good Life Companies Appoints Rachel Bashore as Chief Operating Officer Good Life Companies has named Rachel Bashore its Chief Operating Officer, effective immediately. Bashore's appointment to this role reflects Good Life's robust expansion, driven by the firm's unique focus on
the intersection of financial advice and personal health and wellness. Reporting directly to Good Life Chief
Executive Officer Conor Delaney, Bashore will oversee all aspects of the firm's day-to-day operations, as well
as the expanding platform of services and tools to support the growth of its affiliated financial advisors. Is New 90 Day High Low • Feb 20
New 90-day low: JP¥1,000 The company is down 36% from its price of JP¥1,557 on 20 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 6.0% over the same period. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥28.76 (vs JP¥85.52 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥4.72b (up 3.4% from FY 2019). Net income: JP¥121.0m (down 66% from FY 2019). Profit margin: 2.6% (down from 7.9% in FY 2019). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,189, the stock is trading at a trailing P/E ratio of 16.7x, up from the previous P/E ratio of 14.5x. This compares to an average P/E of 14x in the Real Estate industry in Japan. Total returns to shareholders over the past year are 25%. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,010, the stock is trading at a trailing P/E ratio of 14.2x, down from the previous P/E ratio of 17x. This compares to an average P/E of 13x in the Real Estate industry in Japan. Total returns to shareholders over the past year were flat. Is New 90 Day High Low • Jan 18
New 90-day low: JP¥1,111 The company is down 42% from its price of JP¥1,901 on 20 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 5.0% over the same period. 
