Declared Dividend • 2h
Final dividend of JP¥17.00 announced Dividend of JP¥17.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 10th December 2026 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 03
Geo Holdings Corporation to Report Q1, 2027 Results on Aug 06, 2026 Geo Holdings Corporation announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥220 (vs JP¥114 in FY 2025) Full year 2026 results: EPS: JP¥220 (up from JP¥114 in FY 2025). Revenue: JP¥481.2b (up 13% from FY 2025). Net income: JP¥8.74b (up 93% from FY 2025). Profit margin: 1.8% (up from 1.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • May 08
Geo Holdings Corporation, Annual General Meeting, Jun 26, 2026 Geo Holdings Corporation, Annual General Meeting, Jun 26, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%). Announcement • Mar 09
Geo Holdings Corporation to Report Fiscal Year 2026 Results on May 08, 2026 Geo Holdings Corporation announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 08, 2026 Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥108 (vs JP¥91.11 in 3Q 2025) Third quarter 2026 results: EPS: JP¥108 (up from JP¥91.11 in 3Q 2025). Revenue: JP¥138.7b (up 19% from 3Q 2025). Net income: JP¥4.30b (up 19% from 3Q 2025). Profit margin: 3.1% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Declared Dividend • Dec 11
First half dividend of JP¥17.00 announced Dividend of JP¥17.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (27% 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 over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 18
Geo Holdings Corporation to Report Q3, 2026 Results on Feb 05, 2026 Geo Holdings Corporation announced that they will report Q3, 2026 results at 3:30 PM, Tokyo Standard Time on Feb 05, 2026 Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥19.85 (vs JP¥18.18 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥19.85 (up from JP¥18.18 loss in 2Q 2025). Revenue: JP¥112.5b (up 13% from 2Q 2025). Net income: JP¥789.0m (up JP¥1.51b from 2Q 2025). Profit margin: 0.7% (up from net loss in 2Q 2025). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. 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 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Announcement • Aug 21
Geo Holdings Corporation to Report First Half, 2026 Results on Nov 07, 2025 Geo Holdings Corporation announced that they will report first half, 2026 results on Nov 07, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥61.37 (vs JP¥89.33 in 1Q 2025) First quarter 2026 results: EPS: JP¥61.37 (down from JP¥89.33 in 1Q 2025). Revenue: JP¥104.5b (up 4.3% from 1Q 2025). Net income: JP¥2.44b (down 31% from 1Q 2025). Profit margin: 2.3% (down from 3.5% in 1Q 2025). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Declared Dividend • Jul 09
Final dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 29th September 2025 Payment date: 10th December 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (17% 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 over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 76% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 26
Geo Holdings Corporation to Report Q1, 2026 Results on Aug 06, 2025 Geo Holdings Corporation announced that they will report Q1, 2026 results on Aug 06, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,618, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 43% over the past three years. New Risk • May 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.1% Last year net profit margin: 2.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • May 11
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥114 (down from JP¥275 in FY 2024). Revenue: JP¥427.7b (down 1.4% from FY 2024). Net income: JP¥4.54b (down 58% from FY 2024). Profit margin: 1.1% (down from 2.5% in FY 2024). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 42%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 09
Geo Holdings Corporation, Annual General Meeting, Jun 26, 2025 Geo Holdings Corporation, Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 17% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Announcement • Mar 14
Geo Holdings Corporation to Report Fiscal Year 2025 Results on May 09, 2025 Geo Holdings Corporation announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on May 09, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥91.11 (vs JP¥90.56 in 3Q 2024) Third quarter 2025 results: EPS: JP¥91.11 (up from JP¥90.56 in 3Q 2024). Revenue: JP¥116.4b (up 4.3% from 3Q 2024). Net income: JP¥3.62b (flat on 3Q 2024). Profit margin: 3.1% (down from 3.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year. Buy Or Sell Opportunity • Jan 21
Now 21% undervalued Over the last 90 days, the stock has risen 18% to JP¥1,776. The fair value is estimated to be JP¥2,242, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 48% in the next 2 years. Announcement • Dec 21
Geo Holdings Corporation to Report Q3, 2025 Results on Feb 07, 2025 Geo Holdings Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Dec 11
First half dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (17% earnings payout ratio) but not covered by cash flows (249% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 76% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Dec 03
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 5.3% 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 Dividend is not well covered by cash flows (249% cash payout ratio). Share price has been volatile over the past 3 months (5.3% average weekly change). Announcement • Nov 29
Geo Holdings Corporation Declares Cash Dividend for the Second Quarter Ended September 30, 2024, Payable on December 10, 2024 Geo Holdings Corporation declared a cash dividend of ¥17 per share for the second quarter ended September 30, 2024 against ¥12 a year ago. Scheduled date to commence dividend payments: December 10, 2024. Buy Or Sell Opportunity • Nov 09
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.4% to JP¥1,421. The fair value is estimated to be JP¥1,951, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 48% in the next 2 years. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 12% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Announcement • Sep 20
Geo Holdings Corporation to Report First Half, 2025 Results on Nov 07, 2024 Geo Holdings Corporation announced that they will report first half, 2025 results on Nov 07, 2024 Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥89.33 (vs JP¥122 in 1Q 2024) First quarter 2025 results: EPS: JP¥89.33 (down from JP¥122 in 1Q 2024). Revenue: JP¥100.1b (down 6.2% from 1Q 2024). Net income: JP¥3.55b (down 27% from 1Q 2024). Profit margin: 3.5% (down from 4.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.1% 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 Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share). Share price has been volatile over the past 3 months (6.1% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥1,279, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 12% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 27
Geo Holdings Corporation to Report Q1, 2025 Results on Aug 06, 2024 Geo Holdings Corporation announced that they will report Q1, 2025 results on Aug 06, 2024 Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥275 (vs JP¥136 in FY 2023) Full year 2024 results: EPS: JP¥275 (up from JP¥136 in FY 2023). Revenue: JP¥433.8b (up 15% from FY 2023). Net income: JP¥10.9b (up 92% from FY 2023). Profit margin: 2.5% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Geo Holdings Corporation, Annual General Meeting, Jun 27, 2024 Geo Holdings Corporation, Annual General Meeting, Jun 27, 2024. Announcement • May 11
Geo Holdings Corporation Proposes Dividend for the Fiscal Year Ending March 31, 2024, Payable on June 30, 2024 Geo Holdings Corporation announced that at the board of directors meeting held on May 10, 2024, the company approved a resolution regarding the distribution of retained earnings with a record date of March 31, 2024, and the planned amount of the distribution. The Company plans to submit a proposal regarding this matter at the 36th Annual General Meeting of Shareholders to be held on June 27, 2024. Dividend per share is JPY 17.00. Total amount of dividends is JPY 674 million. Effective date is June 30, 2024. The company paid dividend of JPY 12.00 per share for the fiscal year ended March 31, 2023. Reason: The company aims to maintain stable dividends while strengthening its corporate structure, taking into consideration the balance between retained earnings necessary for sustainable growth and return to its shareholders. For the fiscal year ending March 31, 2024, the company plans to pay a year-end dividend of JPY 17 per share after comprehensively considering consolidated financial results and other factors. As a result, the annual dividend will be JPY 29 per share. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Announcement • Mar 02
Geo Holdings Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Geo Holdings Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥90.56 (vs JP¥63.80 in 3Q 2023) Third quarter 2024 results: EPS: JP¥90.56 (up from JP¥63.80 in 3Q 2023). Revenue: JP¥111.6b (up 4.2% from 3Q 2023). Net income: JP¥3.59b (up 33% from 3Q 2023). Profit margin: 3.2% (up from 2.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Dec 28
Geo Holdings Corporation to Report Q3, 2024 Results on Feb 09, 2024 Geo Holdings Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥22.47 (vs JP¥35.16 in 2Q 2023) Second quarter 2024 results: EPS: JP¥22.47 (down from JP¥35.16 in 2Q 2023). Revenue: JP¥109.0b (up 20% from 2Q 2023). Net income: JP¥889.0m (down 40% from 2Q 2023). Profit margin: 0.8% (down from 1.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥12.00 per share at 1.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.4%). Announcement • Sep 15
Geo Holdings Corporation to Report First Half, 2024 Results on Nov 10, 2023 Geo Holdings Corporation announced that they will report first half, 2024 results on Nov 10, 2023 Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥2,300, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 13x in the Specialty Retail industry in Japan. Total returns to shareholders of 48% over the past three years. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥122 (vs JP¥71.55 in 1Q 2023) First quarter 2024 results: EPS: JP¥122 (up from JP¥71.55 in 1Q 2023). Revenue: JP¥106.7b (up 31% from 1Q 2023). Net income: JP¥4.83b (up 59% from 1Q 2023). Profit margin: 4.5% (up from 3.7% 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 60% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Geo Holdings Corporation to Report Q1, 2024 Results on Aug 10, 2023 Geo Holdings Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥136 (vs JP¥141 in FY 2022) Full year 2023 results: EPS: JP¥136 (down from JP¥141 in FY 2022). Revenue: JP¥377.3b (up 13% from FY 2022). Net income: JP¥5.68b (down 5.1% from FY 2022). Profit margin: 1.5% (down from 1.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Geo Holdings Corporation, Annual General Meeting, Jun 29, 2023 Geo Holdings Corporation, Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.5%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥63.80 (vs JP¥84.49 in 3Q 2022) Third quarter 2023 results: EPS: JP¥63.80 (down from JP¥84.49 in 3Q 2022). Revenue: JP¥107.1b (up 15% from 3Q 2022). Net income: JP¥2.71b (down 24% from 3Q 2022). Profit margin: 2.5% (down from 3.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥2,286, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Specialty Retail industry in Japan. Total returns to shareholders of 81% over the past three years. Announcement • Dec 23
Geo Holdings Corporation to Report Nine Months, 2023 Results on Feb 10, 2023 Geo Holdings Corporation announced that they will report nine months, 2023 results on Feb 10, 2023 Announcement • Nov 19
Geo Holdings Corporation (TSE:2681) announces an Equity Buyback for 3,300,000 shares, representing 7.78% for ¥5,237.1 million. Geo Holdings Corporation (TSE:2681) announces a share repurchase program. Under the program, the company will repurchase 3,300,000 shares, representing 7.78% of the outstanding shares for ¥5,237.10 million. The shares will be repurchased from Jokuraya who wants to sell 3,000,000 shares and from other shareholders. The program will run until December 19, 2022. As of November 17, 2022, the company had 42,419,952 shares outstanding (excluding treasury). 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. 7 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). External Independent Director Kana Yasuda was the last independent director to join the board, commencing their role in 2016. 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 • Nov 13
Second quarter 2023 earnings released: EPS: JP¥35.16 (vs JP¥4.69 in 2Q 2022) Second quarter 2023 results: EPS: JP¥35.16 (up from JP¥4.69 in 2Q 2022). Revenue: JP¥91.2b (up 20% from 2Q 2022). Net income: JP¥1.49b (up JP¥1.29b from 2Q 2022). Profit margin: 1.6% (up from 0.3% 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 9% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.5%). Announcement • Sep 07
Geo Holdings Corporation to Report Q2, 2023 Results on Nov 11, 2022 Geo Holdings Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥71.55 (vs JP¥12.40 in 1Q 2022) First quarter 2023 results: EPS: JP¥71.55 (up from JP¥12.40 in 1Q 2022). Revenue: JP¥81.4b (up 7.0% from 1Q 2022). Net income: JP¥3.03b (up 477% from 1Q 2022). Profit margin: 3.7% (up from 0.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • May 18
Geo Holdings Corporation, Annual General Meeting, Jun 29, 2022 Geo Holdings Corporation, Annual General Meeting, Jun 29, 2022. Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥141 (vs JP¥17.74 loss in FY 2021) Full year 2022 results: EPS: JP¥141 (up from JP¥17.74 loss in FY 2021). Revenue: JP¥334.8b (up 2.0% from FY 2021). Net income: JP¥5.99b (up JP¥6.74b from FY 2021). Profit margin: 1.8% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. External Independent Director Kana Yasuda was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 07
Geo Holdings Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Geo Holdings Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥1,512, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 11x in the Specialty Retail industry in Japan. Total loss to shareholders of 2.0% over the past three years. Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥84.49 (up from JP¥4.98 loss in 3Q 2021). Revenue: JP¥93.0b (up 9.7% from 3Q 2021). Net income: JP¥3.58b (up JP¥3.79b from 3Q 2021). Profit margin: 3.9% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥4.69 (vs JP¥27.43 loss in 2Q 2021) The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥75.9b (flat on 2Q 2021). Net income: JP¥199.0m (up JP¥1.36b from 2Q 2021). Profit margin: 0.3% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.3%). Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS JP¥12.40 (vs JP¥56.42 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥76.1b (down 8.2% from 1Q 2021). Net income: JP¥526.0m (down 78% from 1Q 2021). Profit margin: 0.7% (down from 2.9% in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • May 19
Full year 2021 earnings released: JP¥17.74 loss per share (vs JP¥89.17 profit in FY 2020) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥328.4b (up 7.6% from FY 2020). Net loss: JP¥752.0m (down 120% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Mar 21
Geo Holdings Corporation to Report Fiscal Year 2021 Results on May 14, 2021 Geo Holdings Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Feb 18
New 90-day low: JP¥1,195 The company is down 11% from its price of JP¥1,336 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 12% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: JP¥4.98 loss per share (vs JP¥35.67 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: JP¥84.8b (up 1.0% from 3Q 2020). Net loss: JP¥211.0m (down 114% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 19
New 90-day low: JP¥1,200 The company is down 26% from its price of JP¥1,620 on 21 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 9.0% over the same period. 
