Apple International Co., Ltd.

TSE:2788 Stock Report

Market Cap: JP¥4.5b

Apple International Past Earnings Performance

Past criteria checks 1/6

Apple International has been growing earnings at an average annual rate of 9.7%, while the Specialty Retail industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 17.5% per year. Apple International's return on equity is 7.6%, and it has net margins of 1.9%.

Key information

9.74%

Earnings growth rate

11.17%

EPS growth rate

Specialty Retail Industry Growth11.17%
Revenue growth rate17.50%
Return on equity7.59%
Net Margin1.93%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

With EPS Growth And More, Apple International (TSE:2788) Makes An Interesting Case

Apr 05
With EPS Growth And More, Apple International (TSE:2788) Makes An Interesting Case

Market Cool On Apple International Co., Ltd.'s (TSE:2788) Earnings Pushing Shares 25% Lower

Aug 04
Market Cool On Apple International Co., Ltd.'s (TSE:2788) Earnings Pushing Shares 25% Lower

Apple International (TSE:2788) Is Experiencing Growth In Returns On Capital

Aug 02
Apple International (TSE:2788) Is Experiencing Growth In Returns On Capital

Apple International (TSE:2788) Takes On Some Risk With Its Use Of Debt

May 13
Apple International (TSE:2788) Takes On Some Risk With Its Use Of Debt

Market Might Still Lack Some Conviction On Apple International Co., Ltd. (TSE:2788) Even After 27% Share Price Boost

May 13
Market Might Still Lack Some Conviction On Apple International Co., Ltd. (TSE:2788) Even After 27% Share Price Boost

Revenue & Expenses Breakdown

How Apple International makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:2788 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2540,8097872,5880
30 Sep 2539,7965202,5950
30 Jun 2539,3316272,5840
31 Mar 2540,2748542,4660
31 Dec 2443,7951,1982,4550
30 Sep 2440,8961,0062,5810
30 Jun 2437,9408992,5420
31 Mar 2436,2981,1302,5100
31 Dec 2330,9111,0072,4210
30 Sep 2329,6621,1862,2270
30 Jun 2332,4891,5752,2680
31 Mar 2331,8241,4872,1560
31 Dec 2229,2221,3302,0880
30 Sep 2228,7231,2701,8960
30 Jun 2221,1006631,7120
31 Mar 2217,6253391,6330
31 Dec 2118,6634031,6330
30 Sep 2119,2804241,6870
30 Jun 2121,8265141,7100
31 Mar 2120,8535241,7170
31 Dec 2019,5643281,7250
30 Sep 2017,1952331,6490
30 Jun 2016,2771381,7170
31 Mar 2017,5511231,8110
31 Dec 1917,6481581,8430
30 Sep 1919,4321012,0750
30 Jun 1919,5051792,0520
31 Mar 1919,7879732,0680
31 Dec 1818,6109812,0380
30 Sep 1815,7399911,8060
30 Jun 1815,2189781,7380
31 Mar 1813,9651851,6380
31 Dec 1713,6342041,5540
30 Sep 1713,8413471,5170
30 Jun 1714,9744251,5540
31 Mar 1714,9883051,5600
31 Dec 1614,8083881,5700
30 Sep 1619,4651,0761,7640
30 Jun 1621,2571,0821,8040
31 Mar 1624,2231,3251,8690
31 Dec 1525,4601,2731,9330
30 Sep 1528,515-5863,0070
30 Jun 1531,783-5963,3040
31 Mar 1535,782-7393,5610

Quality Earnings: 2788 has a large one-off gain of ¥487.0M impacting its last 12 months of financial results to 31st December, 2025.

Growing Profit Margin: 2788's current net profit margins (1.9%) are lower than last year (2.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2788's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: 2788's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2788 had negative earnings growth (-34.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (6.7%).


Return on Equity

High ROE: 2788's Return on Equity (7.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/15 23:44
End of Day Share Price 2026/03/13 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Apple International Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.