Announcement • Apr 03
INTELLEX HOLDINGS Co.,Ltd. to Report Q3, 2026 Results on Apr 13, 2026 INTELLEX HOLDINGS Co.,Ltd. announced that they will report Q3, 2026 results on Apr 13, 2026 Announcement • Mar 17
INTELLEX HOLDINGS Co.,Ltd. announced that it has received ¥1.8234 billion in funding from ZENKOKU HOSHO Co.,Ltd. On March 17, 2026, INTELLEX HOLDINGS Co.,Ltd. has closed the transaction. Announcement • Nov 18
Intellex Co., Ltd. to Delist from Standard Market Segment of the Tokyo Stock Exchange, Effective November 27, 2025 Intellex Co., Ltd. will be delisted from Standard Market Segment of the Tokyo Stock Exchange effective from November 27, 2025, due to becoming a wholly owned subsidiary of INTELLEX HOLDINGS Co.,Ltd. Announcement • Nov 05
Intellex Co., Ltd. to Report Q2, 2026 Results on Jan 13, 2026 Intellex Co., Ltd. announced that they will report Q2, 2026 results on Jan 13, 2026 Reported Earnings • Oct 07
First quarter 2026 earnings released: EPS: JP¥91.76 (vs JP¥101 in 1Q 2025) First quarter 2026 results: EPS: JP¥91.76 (down from JP¥101 in 1Q 2025). Revenue: JP¥16.3b (up 57% from 1Q 2025). Net income: JP¥743.0m (down 8.3% from 1Q 2025). Profit margin: 4.5% (down from 7.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
Intellex Co., Ltd. to Report Q1, 2026 Results on Oct 06, 2025 Intellex Co., Ltd. announced that they will report Q1, 2026 results on Oct 06, 2025 Reported Earnings • Jul 14
Full year 2025 earnings released: EPS: JP¥207 (vs JP¥50.02 in FY 2024) Full year 2025 results: EPS: JP¥207 (up from JP¥50.02 in FY 2024). Revenue: JP¥44.8b (up 4.9% from FY 2024). Net income: JP¥1.67b (up 303% from FY 2024). Profit margin: 3.7% (up from 1.0% 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 69% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Jul 11
Intellex Co., Ltd., Annual General Meeting, Aug 26, 2025 Intellex Co., Ltd., Annual General Meeting, Aug 26, 2025. Upcoming Dividend • May 22
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 29 May 2025. Payment date: 12 August 2025. Payout ratio is a comfortable 4.5% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.7%). Announcement • May 01
Intellex Co., Ltd. to Report Fiscal Year 2025 Results on Jul 11, 2025 Intellex Co., Ltd. announced that they will report fiscal year 2025 results on Jul 11, 2025 Reported Earnings • Apr 08
Third quarter 2025 earnings released: EPS: JP¥35.06 (vs JP¥13.01 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥35.06 (up from JP¥13.01 loss in 3Q 2024). Revenue: JP¥8.42b (up 9.2% from 3Q 2024). Net income: JP¥284.0m (up JP¥392.0m from 3Q 2024). Profit margin: 3.4% (up from net loss in 3Q 2024). The move to profitability 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 only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥779, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total returns to shareholders of 38% over the past three years. Declared Dividend • Feb 13
First half dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 29th May 2025 Payment date: 12th August 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (12% 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 decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 03
Intellex Co., Ltd. to Report Q3, 2025 Results on Apr 07, 2025 Intellex Co., Ltd. announced that they will report Q3, 2025 results on Apr 07, 2025 Reported Earnings • Jan 15
Second quarter 2025 earnings released: EPS: JP¥31.18 (vs JP¥15.18 in 2Q 2024) Second quarter 2025 results: EPS: JP¥31.18 (up from JP¥15.18 in 2Q 2024). Revenue: JP¥12.2b (flat on 2Q 2024). Net income: JP¥251.8m (up 98% from 2Q 2024). Profit margin: 2.1% (up from 1.0% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 10
Intellex Co., Ltd. Revises Consolidated Earnings Guidance for the Full Year of the Fiscal Year Ending May 31, 2025 Intellex Co., Ltd. revised consolidated earnings guidance for the full year of the fiscal year ending May 31, 2025. For the full year, the expects net sales to be JPY 46,365 million. Operating profit to be JPY 2,063 million. Profit attributable to owners of parent to be JPY 1,213 million. Profit per share to be JPY 152.56 as compared to the previous guidance of net sales to be JPY 45,011 million. Operating profit to be JPY 1,619 million. Profit attributable to owners of parent to be JPY 896 million. Profit per share to be JPY 111.90. 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 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks High level of debt (188% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥6.72b market cap, or US$42.4m). Upcoming Dividend • Nov 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 November 2024. Payment date: 10 February 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.7%). Declared Dividend • Nov 03
Dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 28th November 2024 Payment date: 10th February 2025 Dividend yield will be 3.6%, 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 (3% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Oct 26
Intellex Co., Ltd. to Report Q2, 2025 Results on Jan 10, 2025 Intellex Co., Ltd. announced that they will report Q2, 2025 results on Jan 10, 2025 Reported Earnings • Oct 09
First quarter 2025 earnings released: EPS: JP¥101 (vs JP¥6.57 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥101 (up from JP¥6.57 loss in 1Q 2024). Revenue: JP¥10.4b (flat on 1Q 2024). Net income: JP¥810.0m (up JP¥865.0m from 1Q 2024). Profit margin: 7.8% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Aug 29
Intellex Co., Ltd. to Report Q1, 2025 Results on Oct 04, 2024 Intellex Co., Ltd. announced that they will report Q1, 2025 results on Oct 04, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥564, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 11x in the Real Estate industry in Japan. Total loss to shareholders of 8.8% over the past three years. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥721, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 13x in the Real Estate industry in Japan. Total returns to shareholders of 17% over the past three years. Reported Earnings • Jul 16
Full year 2024 earnings released: EPS: JP¥50.02 (vs JP¥11.56 in FY 2023) Full year 2024 results: EPS: JP¥50.02 (up from JP¥11.56 in FY 2023). Revenue: JP¥42.7b (up 3.6% from FY 2023). Net income: JP¥414.0m (up 314% from FY 2023). Profit margin: 1.0% (up from 0.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Announcement • Jul 13
Intellex Co., Ltd., Annual General Meeting, Aug 27, 2024 Intellex Co., Ltd., Annual General Meeting, Aug 27, 2024. Announcement • Jul 02
Intellex Co. Ltd. Revises Consolidated Earnings Guidance for the Financial Year Ending May 31, 2024 Intellex Co. Ltd. revised consolidated earnings guidance for the Financial Year ending May 31, 2024. For the period, the company expects net sales of JPY 42,702 million, operating profit JPY 931 million, profit attributable to owners of parent of JPY 414 million and profit of 50.04 per share compared to previous guidance net sales of JPY 48,543 million, operating profit JPY 769 million, profit attributable to owners of parent of JPY 247 million and profit of 29.87 per share. Upcoming Dividend • May 23
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 14 August 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.5%). Reported Earnings • Apr 07
Third quarter 2024 earnings released: JP¥13.01 loss per share (vs JP¥2.64 loss in 3Q 2023) Third quarter 2024 results: JP¥13.01 loss per share (further deteriorated from JP¥2.64 loss in 3Q 2023). Revenue: JP¥7.71b (down 23% from 3Q 2023). Net loss: JP¥108.0m (loss widened 370% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Jan 28
Intellex Co., Ltd. to Report Q3, 2024 Results on Apr 05, 2024 Intellex Co., Ltd. announced that they will report Q3, 2024 results on Apr 05, 2024 Reported Earnings • Jan 14
Second quarter 2024 earnings released: EPS: JP¥15.18 (vs JP¥5.75 in 2Q 2023) Second quarter 2024 results: EPS: JP¥15.18 (up from JP¥5.75 in 2Q 2023). Revenue: JP¥12.2b (up 16% from 2Q 2023). Net income: JP¥127.0m (up 154% from 2Q 2023). Profit margin: 1.0% (up from 0.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Jan 12
Intellex Co., Ltd. (TSE:8940) announces an Equity Buyback for 400,000 shares, representing 4.48% for ¥200 million. Intellex Co., Ltd. (TSE:8940) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 4.81% of its total shares outstanding (excluding treasury shares), for a total of ¥200 million. The purpose of repurchase program is to carry out a flexible capital policy in response to future changes in the business environment. The repurchase program is valid till April 30, 2024. As of January 12, 2024, the company has 8,932,100 shares outstanding (excluding treasury shares) and has 560,409 shares in treasury. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥9.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 13 February 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%). Announcement • Oct 29
Intellex Co., Ltd. to Report Q2, 2024 Results on Jan 12, 2024 Intellex Co., Ltd. announced that they will report Q2, 2024 results on Jan 12, 2024 Reported Earnings • Oct 07
First quarter 2024 earnings released: JP¥6.57 loss per share (vs JP¥9.24 loss in 1Q 2023) First quarter 2024 results: JP¥6.57 loss per share (improved from JP¥9.24 loss in 1Q 2023). Revenue: JP¥10.5b (up 42% from 1Q 2023). Net loss: JP¥55.0m (loss narrowed 31% from 1Q 2023). 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 • Jul 30
Intellex Co., Ltd. to Report Q1, 2024 Results on Oct 06, 2023 Intellex Co., Ltd. announced that they will report Q1, 2024 results on Oct 06, 2023 Reported Earnings • Jul 16
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥11.56 (down from JP¥74.50 in FY 2022). Revenue: JP¥41.2b (up 14% from FY 2022). Net income: JP¥100.0m (down 84% from FY 2022). Profit margin: 0.2% (down from 1.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 75%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Real Estate industry in Japan. 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 4% per year, which means it is well ahead of earnings. Announcement • Jul 15
Intellex Co., Ltd., Annual General Meeting, Aug 29, 2023 Intellex Co., Ltd., Annual General Meeting, Aug 29, 2023. Upcoming Dividend • May 23
Upcoming dividend of JP¥9.00 per share at 3.2% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 14 August 2023. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.9%). Reported Earnings • Apr 08
Third quarter 2023 earnings released: JP¥2.64 loss per share (vs JP¥3.12 loss in 3Q 2022) Third quarter 2023 results: JP¥2.64 loss per share (improved from JP¥3.12 loss in 3Q 2022). Revenue: JP¥10.1b (up 52% from 3Q 2022). Net loss: JP¥23.0m (loss narrowed 15% from 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jan 29
Intellex Co., Ltd. to Report Q3, 2023 Results on Apr 07, 2023 Intellex Co., Ltd. announced that they will report Q3, 2023 results on Apr 07, 2023 Announcement • Jan 28
Intellex Co., Ltd. (TSE:8940) announces an Equity Buyback for 420,000 shares, representing 4.81% for ¥200 million. Intellex Co., Ltd. (TSE:8940) announces a share repurchase program. Under the program, the company will repurchase up to 420,000 shares, representing 4.81% of its total shares outstanding (excluding treasury shares), for a total of ¥200 million. The purpose of repurchase program is to execute flexible capital policy that responds to changes in the business environment. The repurchase program is valid till May 24, 2023. As of January 27, 2023, the company has 8,725,591 shares outstanding (excluding treasury shares) and has 206,509 shares in treasury. Reported Earnings • Jan 14
Second quarter 2023 earnings released: EPS: JP¥5.75 (vs JP¥9.50 in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.75 (down from JP¥9.50 in 2Q 2022). Revenue: JP¥10.5b (up 23% from 2Q 2022). Net income: JP¥50.0m (down 39% from 2Q 2022). Profit margin: 0.5% (down from 1.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Announcement • Nov 30
Intellex Co., Ltd. to Report Q2, 2023 Results on Jan 13, 2023 Intellex Co., Ltd. announced that they will report Q2, 2023 results on Jan 13, 2023 Upcoming Dividend • Nov 22
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 10 February 2023. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.7%). Board Change • Nov 16
Less than half of directors are independent 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. 6 highly experienced directors. 2 independent directors (6 non-independent directors). Independent External Director Kazumi Taneichi was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 08
First quarter 2023 earnings released: JP¥19.52 loss per share (vs JP¥18.67 profit in 1Q 2022) First quarter 2023 results: JP¥19.52 loss per share (down from JP¥18.67 profit in 1Q 2022). Revenue: JP¥7.40b (down 13% from 1Q 2022). Net loss: JP¥169.0m (down 206% from profit in 1Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 04
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥74.50 (down from JP¥132 in FY 2021). Revenue: JP¥36.1b (down 12% from FY 2021). Net income: JP¥643.0m (down 43% from FY 2021). Profit margin: 1.8% (down from 2.7% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 17%, compared to a 2.6% growth forecast for the Real Estate industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jul 31
Intellex Co., Ltd. to Report Q1, 2023 Results on Oct 06, 2022 Intellex Co., Ltd. announced that they will report Q1, 2023 results on Oct 06, 2022 Announcement • Jul 16
Intellex Co., Ltd., Annual General Meeting, Aug 30, 2022 Intellex Co., Ltd., Annual General Meeting, Aug 30, 2022. Reported Earnings • Jul 15
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥74.50 (down from JP¥132 in FY 2021). Revenue: JP¥36.1b (down 12% from FY 2021). Net income: JP¥643.0m (down 43% from FY 2021). Profit margin: 1.8% (down from 2.7% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 25%, compared to a 3.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 23
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 12 August 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%). Announcement • May 02
Intellex Co., Ltd. to Report Fiscal Year 2022 Results on Jul 14, 2022 Intellex Co., Ltd. announced that they will report fiscal year 2022 results on Jul 14, 2022 Board Change • Apr 27
Less than half of directors are independent 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. 6 highly experienced directors. 2 independent directors (6 non-independent directors). Independent External Director Kazumi Taneichi was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 08
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: JP¥3.12 loss per share (down from JP¥5.13 profit in 3Q 2021). Revenue: JP¥6.60b (down 19% from 3Q 2021). Net loss: JP¥27.0m (down 161% from profit in 3Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 25%, compared to a 6.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jan 30
Intellex Co., Ltd. to Report Q3, 2022 Results on Apr 07, 2022 Intellex Co., Ltd. announced that they will report Q3, 2022 results on Apr 07, 2022 Reported Earnings • Jan 14
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: JP¥9.50 (down from JP¥37.18 in 2Q 2021). Revenue: JP¥8.59b (down 32% from 2Q 2021). Net income: JP¥82.0m (down 74% from 2Q 2021). Profit margin: 1.0% (down from 2.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 19%, compared to a 4.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 10 February 2022. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.4%). Reported Earnings • Oct 08
First quarter 2022 earnings released: EPS JP¥18.67 (vs JP¥10.69 loss in 1Q 2021) The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥8.50b (flat on 1Q 2021). Net income: JP¥160.0m (up JP¥251.0m from 1Q 2021). Profit margin: 1.9% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jul 16
Full year 2021 earnings released: EPS JP¥132 (vs JP¥60.81 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥41.1b (up 8.5% from FY 2020). Net income: JP¥1.13b (up 116% from FY 2020). Profit margin: 2.7% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • May 21
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 12 August 2021. Trailing yield: 5.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.3%). Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥811, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Real Estate industry in Japan. Total loss to shareholders of 11% over the past three years. Reported Earnings • Apr 11
Third quarter 2021 earnings released: EPS JP¥5.13 (vs JP¥33.59 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥8.11b (down 17% from 3Q 2020). Net income: JP¥44.0m (down 85% from 3Q 2020). Profit margin: 0.5% (down from 2.9% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year. Announcement • Feb 28
Intellex Co., Ltd. to Report Q3, 2021 Results on Apr 08, 2021 Intellex Co., Ltd. announced that they will report Q3, 2021 results on Apr 08, 2021 Is New 90 Day High Low • Feb 17
New 90-day high: JP¥587 The company is up 8.0% from its price of JP¥544 on 19 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 10.0% over the same period. Reported Earnings • Jan 15
Second quarter 2021 earnings released: EPS JP¥37.18 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥12.6b (up 25% from 2Q 2020). Net income: JP¥318.0m (up 115% from 2Q 2020). Profit margin: 2.5% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Jan 15
New 90-day high: JP¥577 The company is up 14% from its price of JP¥505 on 16 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 8.0% over the same period. Announcement • Aug 10
Intellex Co., Ltd. to Report Q1, 2021 Results on Oct 06, 2020 Intellex Co., Ltd. announced that they will report Q1, 2021 results on Oct 06, 2020 
