Reported Earnings • Jul 14
First quarter 2027 earnings released: JP¥12.21 loss per share (vs JP¥154 profit in 1Q 2026) First quarter 2027 results: JP¥12.21 loss per share (down from JP¥154 profit in 1Q 2026). Revenue: JP¥3.41b (down 62% from 1Q 2026). Net loss: JP¥74.0m (down 108% from profit in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jun 12
Final dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 28th August 2026 Payment date: 11th November 2026 Dividend yield will be 3.4%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 02
Full year 2026 earnings released: EPS: JP¥235 (vs JP¥222 in FY 2025) Full year 2026 results: EPS: JP¥235 (up from JP¥222 in FY 2025). Revenue: JP¥22.3b (up 16% from FY 2025). Net income: JP¥1.42b (up 6.0% from FY 2025). Profit margin: 6.4% (down from 7.0% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Independent Outside Director Koichiro Kuno was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 27
STrust Co.,Ltd. to Report Q1, 2027 Results on Jul 10, 2026 STrust Co.,Ltd. announced that they will report Q1, 2027 results on Jul 10, 2026 New Risk • Apr 14
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: 3.3% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥5.93b market cap, or US$37.3m). Reported Earnings • Apr 11
Full year 2026 earnings released: EPS: JP¥235 (vs JP¥222 in FY 2025) Full year 2026 results: EPS: JP¥235 (up from JP¥222 in FY 2025). Revenue: JP¥22.3b (up 16% from FY 2025). Net income: JP¥1.42b (up 6.0% from FY 2025). Profit margin: 6.4% (down from 7.0% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Apr 10
STrust Co.,Ltd., Annual General Meeting, May 28, 2026 STrust Co.,Ltd., Annual General Meeting, May 28, 2026. Announcement • Apr 03
STrust Co.,Ltd. to Report Fiscal Year 2026 Results on Apr 10, 2026 STrust Co.,Ltd. announced that they will report fiscal year 2026 results on Apr 10, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 25 May 2026. Payout ratio is a comfortable 7.1% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Jan 10
Third quarter 2026 earnings released: EPS: JP¥64.85 (vs JP¥45.26 in 3Q 2025) Third quarter 2026 results: EPS: JP¥64.85 (up from JP¥45.26 in 3Q 2025). Revenue: JP¥4.89b (down 10% from 3Q 2025). Net income: JP¥393.0m (up 44% from 3Q 2025). Profit margin: 8.0% (up from 5.0% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Jan 09
Strust Co.,Ltd. Provides Dividend Guidance for the Full Year Ended February 28, 2026 STrust Co.,Ltd. provided dividend guidance for the full year ended February 28, 2026. For the year ended February 28, 2026, company announced dividend of JPY 16.00 per share against JPY 14.00 per share for the previous period. Announcement • Nov 27
STrust Co.,Ltd. to Report Q3, 2026 Results on Jan 09, 2026 STrust Co.,Ltd. announced that they will report Q3, 2026 results on Jan 09, 2026 Declared Dividend • Nov 12
First half dividend of JP¥14.00 announced Dividend of JP¥14.00 is the same as last year. Ex-date: 26th February 2026 Payment date: 25th May 2026 Dividend yield will be 2.6%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 11
Second quarter 2026 earnings released: EPS: JP¥19.01 (vs JP¥12.29 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥19.01 (up from JP¥12.29 loss in 2Q 2025). Revenue: JP¥5.83b (up 312% from 2Q 2025). Net income: JP¥115.0m (up JP¥189.0m from 2Q 2025). Profit margin: 2.0% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
STrust Co.,Ltd. to Report Q2, 2026 Results on Oct 10, 2025 STrust Co.,Ltd. announced that they will report Q2, 2026 results on Oct 10, 2025 New Risk • Jul 17
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 2.2% 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: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Shares are highly illiquid. Minor Risks Dividend is not well covered by cash flows (0% cash payout ratio). Market cap is less than US$100m (JP¥7.15b market cap, or US$48.2m). New Risk • Jul 14
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 6.4% 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: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥7.24b market cap, or US$49.2m). Reported Earnings • Jul 14
First quarter 2026 earnings released: EPS: JP¥154 (vs JP¥32.65 in 1Q 2025) First quarter 2026 results: EPS: JP¥154 (up from JP¥32.65 in 1Q 2025). Revenue: JP¥8.87b (up 166% from 1Q 2025). Net income: JP¥931.0m (up 375% from 1Q 2025). Profit margin: 11% (up from 5.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jun 18
Final dividend of JP¥14.00 announced Shareholders will receive a dividend of JP¥14.00. Ex-date: 28th August 2025 Payment date: 12th November 2025 Dividend yield will be 2.8%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 20
STrust Co.,Ltd. to Report Q1, 2026 Results on Jul 11, 2025 STrust Co.,Ltd. announced that they will report Q1, 2026 results on Jul 11, 2025 Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥949, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 86% over the past three years. Reported Earnings • Apr 12
Full year 2025 earnings released: EPS: JP¥222 (vs JP¥122 in FY 2024) Full year 2025 results: EPS: JP¥222 (up from JP¥122 in FY 2024). Revenue: JP¥19.2b (up 6.5% from FY 2024). Net income: JP¥1.34b (up 84% from FY 2024). Profit margin: 7.0% (up from 4.0% 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 37% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Apr 11
STrust Co.,Ltd., Annual General Meeting, May 22, 2025 STrust Co.,Ltd., Annual General Meeting, May 22, 2025. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 26 May 2025. Payout ratio is a comfortable 6.1% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%). Announcement • Feb 03
STrust Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2025 STrust Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥4.34b market cap, or US$27.5m). New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥4.18b market cap, or US$27.2m). Declared Dividend • Nov 13
First half dividend of JP¥12.00 announced Shareholders will receive a dividend of JP¥12.00. Ex-date: 27th February 2025 Payment date: 26th May 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Oct 31
STrust Co.,Ltd. to Report Q3, 2025 Results on Jan 10, 2025 STrust Co.,Ltd. announced that they will report Q3, 2025 results on Jan 10, 2025 Reported Earnings • Oct 17
Second quarter 2025 earnings released: JP¥12.29 loss per share (vs JP¥6.67 loss in 2Q 2024) Second quarter 2025 results: JP¥12.29 loss per share (further deteriorated from JP¥6.67 loss in 2Q 2024). Revenue: JP¥1.42b (down 51% from 2Q 2024). Net loss: JP¥74.0m (loss widened 85% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥680, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 12x in the Real Estate industry in Japan. Total returns to shareholders of 11% over the past three years. Announcement • Jul 27
STrust Co.,Ltd. to Report Q2, 2025 Results on Oct 11, 2024 STrust Co.,Ltd. announced that they will report Q2, 2025 results on Oct 11, 2024 Reported Earnings • Jul 10
First quarter 2025 earnings released: EPS: JP¥32.65 (vs JP¥10.54 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥32.65 (up from JP¥10.54 loss in 1Q 2024). Revenue: JP¥3.33b (up 68% from 1Q 2024). Net income: JP¥196.0m (up JP¥259.0m from 1Q 2024). Profit margin: 5.9% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jun 06
Final dividend increased to JP¥12.00 Dividend of JP¥12.00 is 9.1% higher than last year. Ex-date: 29th August 2024 Payment date: 13th November 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 79% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.4% EPS decline seen over the last 5 years. Announcement • May 29
STrust Co.,Ltd. to Report Q1, 2025 Results on Jul 08, 2024 STrust Co.,Ltd. announced that they will report Q1, 2025 results on Jul 08, 2024 Announcement • Apr 09
STrust Co.,Ltd., Annual General Meeting, May 23, 2024 STrust Co.,Ltd., Annual General Meeting, May 23, 2024. Reported Earnings • Apr 09
Full year 2024 earnings released: EPS: JP¥122 (vs JP¥140 in FY 2023) Full year 2024 results: EPS: JP¥122 (down from JP¥140 in FY 2023). Revenue: JP¥18.0b (up 16% from FY 2023). Net income: JP¥731.0m (down 13% from FY 2023). Profit margin: 4.1% (down from 5.4% 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 4% per year whereas the company’s share price has increased by 1% per year. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.4%). Announcement • Feb 18
STrust Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 08, 2024 STrust Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 08, 2024 Reported Earnings • Jan 12
Third quarter 2024 earnings released: EPS: JP¥22.65 (vs JP¥0.67 in 3Q 2023) Third quarter 2024 results: EPS: JP¥22.65 (up from JP¥0.67 in 3Q 2023). Revenue: JP¥4.64b (up 119% from 3Q 2023). Net income: JP¥136.0m (up JP¥132.0m from 3Q 2023). Profit margin: 2.9% (up from 0.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. Announcement • Jan 11
STrust Co.,Ltd. Provides Dividend Guidance for the Fiscal Year Ending February 29, 2024 STrust Co.,Ltd. provided dividend guidance for the fiscal year ending February 29, 2024. For the period, Company expects dividend of JPY 11.00 per share against JPY 11.00 per share paid a year ago. Announcement • Nov 17
STrust Co.,Ltd. to Report Q3, 2024 Results on Jan 10, 2024 STrust Co.,Ltd. announced that they will report Q3, 2024 results on Jan 10, 2024 Reported Earnings • Oct 11
Second quarter 2024 earnings released: JP¥6.67 loss per share (vs JP¥42.07 profit in 2Q 2023) Second quarter 2024 results: JP¥6.67 loss per share (down from JP¥42.07 profit in 2Q 2023). Revenue: JP¥2.90b (down 20% from 2Q 2023). Net loss: JP¥40.0m (down 116% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year. Announcement • Oct 11
S Trust Co. Ltd. Declares Second Quarter Dividend for the Fiscal Year Ending February 29, 2024, Payable on November 13, 2023 S Trust Co. Ltd. declared second quarter dividend of JPY 11.00 per share compared to JPY 9.00 per share paid a year ago for the fiscal year ending February 29, 2024. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥11.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 08 November 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.8%). Announcement • Jul 30
STrust Co.,Ltd. to Report Q2, 2024 Results on Oct 10, 2023 STrust Co.,Ltd. announced that they will report Q2, 2024 results on Oct 10, 2023 Reported Earnings • Jul 13
First quarter 2024 earnings released: JP¥10.54 loss per share (vs JP¥2.69 loss in 1Q 2023) First quarter 2024 results: JP¥10.54 loss per share (further deteriorated from JP¥2.69 loss in 1Q 2023). Revenue: JP¥1.99b (down 20% from 1Q 2023). Net loss: JP¥63.0m (loss widened 294% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: JP¥140 (vs JP¥74.24 in FY 2022) Full year 2023 results: EPS: JP¥140 (up from JP¥74.24 in FY 2022). Revenue: JP¥15.6b (down 2.6% from FY 2022). Net income: JP¥838.0m (up 90% from FY 2022). Profit margin: 5.4% (up from 2.8% in FY 2022). The increase in margin was 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 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 12
Full year 2023 earnings released: EPS: JP¥140 (vs JP¥74.24 in FY 2022) Full year 2023 results: EPS: JP¥140 (up from JP¥74.24 in FY 2022). Revenue: JP¥15.6b (down 2.6% from FY 2022). Net income: JP¥838.0m (up 90% from FY 2022). Profit margin: 5.4% (up from 2.8% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥9.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 2.2% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%). Announcement • Jan 31
STrust Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 10, 2023 STrust Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 10, 2023 Reported Earnings • Jan 11
Third quarter 2023 earnings released: EPS: JP¥0.67 (vs JP¥8.41 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥0.67 (up from JP¥8.41 loss in 3Q 2022). Revenue: JP¥2.13b (up 16% from 3Q 2022). Net income: JP¥4.00m (up JP¥54.0m from 3Q 2022). Profit margin: 0.2% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. No independent directors (6 non-independent directors). Manager of Administration Department and Director Tokiko Iwao was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 30
STrust Co.,Ltd. to Report Q3, 2023 Results on Jan 10, 2023 STrust Co.,Ltd. announced that they will report Q3, 2023 results on Jan 10, 2023 Reported Earnings • Oct 09
Second quarter 2023 earnings released: EPS: JP¥42.07 (vs JP¥5.22 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥42.07 (up from JP¥5.22 loss in 2Q 2022). Revenue: JP¥3.60b (up 75% from 2Q 2022). Net income: JP¥251.0m (up JP¥282.0m from 2Q 2022). Profit margin: 7.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 08 November 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%). Announcement • Jul 31
STrust Co.,Ltd. to Report Q2, 2023 Results on Oct 07, 2022 STrust Co.,Ltd. announced that they will report Q2, 2023 results on Oct 07, 2022 Reported Earnings • Jul 10
First quarter 2023 earnings released: JP¥2.69 loss per share (vs JP¥36.28 profit in 1Q 2022) First quarter 2023 results: JP¥2.69 loss per share (down from JP¥36.28 profit in 1Q 2022). Revenue: JP¥2.49b (down 64% from 1Q 2022). Net loss: JP¥16.0m (down 107% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: JP¥74.24 (vs JP¥92.59 in FY 2021) Full year 2022 results: EPS: JP¥74.24 (down from JP¥92.59 in FY 2021). Revenue: JP¥16.0b (down 3.8% from FY 2021). Net income: JP¥441.0m (down 20% from FY 2021). Profit margin: 2.8% (down from 3.3% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year. Announcement • May 02
STrust Co.,Ltd. to Report Q1, 2023 Results on Jul 08, 2022 STrust Co.,Ltd. announced that they will report Q1, 2023 results on Jul 08, 2022 Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. No independent directors (6 non-independent directors). Manager of Administration Department and Director Tokiko Iwao was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 10
STrust Co.,Ltd., Annual General Meeting, May 27, 2022 STrust Co.,Ltd., Annual General Meeting, May 27, 2022. Reported Earnings • Apr 10
Full year 2022 earnings released: EPS: JP¥74.24 (vs JP¥92.59 in FY 2021) Full year 2022 results: EPS: JP¥74.24 (down from JP¥92.59 in FY 2021). Revenue: JP¥16.0b (down 3.8% from FY 2021). Net income: JP¥441.0m (down 20% from FY 2021). Profit margin: 2.8% (down from 3.3% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%).