Announcement • May 09
Honeys Holdings Co., Ltd. to Report Fiscal Year 2026 Results on Jul 07, 2026 Honeys Holdings Co., Ltd. announced that they will report fiscal year 2026 results on Jul 07, 2026 Reported Earnings • Mar 28
Third quarter 2026 earnings released: JP¥13.27 loss per share (vs JP¥3.16 loss in 3Q 2025) Third quarter 2026 results: JP¥13.27 loss per share (further deteriorated from JP¥3.16 loss in 3Q 2025). Revenue: JP¥11.4b (down 4.8% from 3Q 2025). Net loss: JP¥370.0m (loss widened 321% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Declared Dividend • Jan 31
First half dividend of JP¥30.00 announced Dividend of JP¥30.00 is the same as last year. Ex-date: 28th May 2026 Payment date: 12th August 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 09
Second quarter 2026 earnings released: EPS: JP¥35.05 (vs JP¥35.84 in 2Q 2025) Second quarter 2026 results: EPS: JP¥35.05 (down from JP¥35.84 in 2Q 2025). Revenue: JP¥15.0b (down 1.1% from 2Q 2025). Net income: JP¥977.0m (down 2.2% from 2Q 2025). Profit margin: 6.5% (down from 6.6% in 2Q 2025). The decrease in margin was driven by lower revenue. 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. Upcoming Dividend • Nov 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 November 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Announcement • Nov 13
Honeys Holdings Co., Ltd. to Report Q2, 2026 Results on Jan 07, 2026 Honeys Holdings Co., Ltd. announced that they will report Q2, 2026 results on Jan 07, 2026 Reported Earnings • Sep 30
First quarter 2026 earnings released: EPS: JP¥28.41 (vs JP¥38.79 in 1Q 2025) First quarter 2026 results: EPS: JP¥28.41 (down from JP¥38.79 in 1Q 2025). Revenue: JP¥13.9b (down 2.9% from 1Q 2025). Net income: JP¥792.0m (down 27% from 1Q 2025). Profit margin: 5.7% (down from 7.6% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Declared Dividend • Sep 08
Final dividend of JP¥25.00 announced Dividend of JP¥25.00 is the same as last year. Ex-date: 27th November 2025 Payment date: 2nd February 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 29
Honeys Holdings Co., Ltd. to Report Q1, 2026 Results on Sep 29, 2025 Honeys Holdings Co., Ltd. announced that they will report Q1, 2026 results on Sep 29, 2025 Reported Earnings • Jul 10
Full year 2025 earnings released: EPS: JP¥134 (vs JP¥175 in FY 2024) Full year 2025 results: EPS: JP¥134 (down from JP¥175 in FY 2024). Revenue: JP¥57.7b (up 2.0% from FY 2024). Net income: JP¥3.73b (down 24% from FY 2024). Profit margin: 6.5% (down from 8.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year. Buy Or Sell Opportunity • Jul 09
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.8% to JP¥1,508. The fair value is estimated to be JP¥1,991, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 13%. Upcoming Dividend • May 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 May 2025. Payment date: 21 August 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.5%). Buy Or Sell Opportunity • May 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.0% to JP¥1,574. The fair value is estimated to be JP¥1,981, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 13%. Announcement • May 03
Honeys Holdings Co., Ltd. to Report Q4, 2025 Results on Jul 08, 2025 Honeys Holdings Co., Ltd. announced that they will report Q4, 2025 results on Jul 08, 2025 Buy Or Sell Opportunity • Apr 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.2% to JP¥1,629. The fair value is estimated to be JP¥2,038, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 13%. Buy Or Sell Opportunity • Apr 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.0% to JP¥1,614. The fair value is estimated to be JP¥2,023, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 13%. Reported Earnings • Mar 28
Third quarter 2025 earnings released: JP¥3.16 loss per share (vs JP¥13.10 profit in 3Q 2024) Third quarter 2025 results: JP¥3.16 loss per share (down from JP¥13.10 profit in 3Q 2024). Revenue: JP¥12.0b (down 1.6% from 3Q 2024). Net loss: JP¥88.0m (down 124% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year. Buy Or Sell Opportunity • Mar 11
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at JP¥1,646. The fair value is estimated to be JP¥2,059, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 22%. Announcement • Feb 05
Honeys Holdings Co., Ltd. to Report Q3, 2025 Results on Mar 27, 2025 Honeys Holdings Co., Ltd. announced that they will report Q3, 2025 results on Mar 27, 2025 Declared Dividend • Feb 01
First half dividend of JP¥30.00 announced Dividend of JP¥30.00 is the same as last year. Ex-date: 29th May 2025 Payment date: 21st August 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Jan 09
Second quarter 2025 earnings released: EPS: JP¥35.84 (vs JP¥49.42 in 2Q 2024) Second quarter 2025 results: EPS: JP¥35.84 (down from JP¥49.42 in 2Q 2024). Revenue: JP¥15.2b (up 4.3% from 2Q 2024). Net income: JP¥999.0m (down 28% from 2Q 2024). Profit margin: 6.6% (down from 9.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year. Upcoming Dividend • Nov 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 November 2024. Payment date: 31 January 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Announcement • Oct 29
Honeys Holdings Co., Ltd. to Report Q2, 2025 Results on Jan 08, 2025 Honeys Holdings Co., Ltd. announced that they will report Q2, 2025 results on Jan 08, 2025 Reported Earnings • Sep 27
First quarter 2025 earnings released: EPS: JP¥38.79 (vs JP¥37.68 in 1Q 2024) First quarter 2025 results: EPS: JP¥38.79 (up from JP¥37.68 in 1Q 2024). Revenue: JP¥14.3b (up 9.9% from 1Q 2024). Net income: JP¥1.08b (up 3.0% from 1Q 2024). Profit margin: 7.6% (down from 8.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Declared Dividend • Sep 19
Dividend of JP¥25.00 announced Dividend of JP¥25.00 is the same as last year. Ex-date: 28th November 2024 Payment date: 31st January 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 141% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 03
Honeys Holdings Co., Ltd. to Report Q1, 2025 Results on Sep 26, 2024 Honeys Holdings Co., Ltd. announced that they will report Q1, 2025 results on Sep 26, 2024 Announcement • Jul 10
Honeys Holdings Co., Ltd., Annual General Meeting, Aug 20, 2024 Honeys Holdings Co., Ltd., Annual General Meeting, Aug 20, 2024. Upcoming Dividend • May 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 23 August 2024. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). New Risk • Apr 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported August 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Apr 02
Dividend of JP¥30.00 announced Dividend of JP¥30.00 is the same as last year. Ex-date: 30th May 2024 Payment date: 23rd August 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth The dividend has increased by an average of 6.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 141% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 01
Honeys Holdings Co., Ltd. to Report Q3, 2024 Results on Mar 28, 2024 Honeys Holdings Co., Ltd. announced that they will report Q3, 2024 results on Mar 28, 2024 Upcoming Dividend • Nov 22
Upcoming dividend of JP¥25.00 per share at 3.4% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 31 January 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Announcement • Nov 01
Honeys Holdings Co., Ltd. to Report Q2, 2024 Results on Jan 10, 2024 Honeys Holdings Co., Ltd. announced that they will report Q2, 2024 results on Jan 10, 2024 Reported Earnings • Sep 29
First quarter 2024 earnings released: EPS: JP¥37.68 (vs JP¥24.65 in 1Q 2023) First quarter 2024 results: EPS: JP¥37.68 (up from JP¥24.65 in 1Q 2023). Revenue: JP¥13.0b (up 10% from 1Q 2023). Net income: JP¥1.05b (up 53% from 1Q 2023). Profit margin: 8.1% (up from 5.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Aug 03
Honeys Holdings Co., Ltd. to Report Q1, 2024 Results on Sep 28, 2023 Honeys Holdings Co., Ltd. announced that they will report Q1, 2024 results on Sep 28, 2023 Reported Earnings • Jul 16
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥191 (up from JP¥117 in FY 2022). Revenue: JP¥54.9b (up 15% from FY 2022). Net income: JP¥5.34b (up 64% from FY 2022). Profit margin: 9.7% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Jul 13
Honeys Holdings Co., Ltd., Annual General Meeting, Aug 22, 2023 Honeys Holdings Co., Ltd., Annual General Meeting, Aug 22, 2023. New Risk • Jul 13
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: Minor Risks 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). Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,792, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Specialty Retail industry in Japan. Total returns to shareholders of 81% over the past three years. Upcoming Dividend • May 23
Upcoming dividend of JP¥25.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 24 August 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.3%). Reported Earnings • Apr 01
Third quarter 2023 earnings released: EPS: JP¥9.62 (vs JP¥7.07 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥9.62 (up from JP¥7.07 loss in 3Q 2022). Revenue: JP¥11.4b (up 19% from 3Q 2022). Net income: JP¥268.0m (up JP¥465.0m from 3Q 2022). Profit margin: 2.3% (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 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 09
Honeys Holdings Co., Ltd. to Report Q3, 2023 Results on Mar 30, 2023 Honeys Holdings Co., Ltd. announced that they will report Q3, 2023 results on Mar 30, 2023 Reported Earnings • Jan 08
Second quarter 2023 earnings released: EPS: JP¥53.33 (vs JP¥37.97 in 2Q 2022) Second quarter 2023 results: EPS: JP¥53.33 (up from JP¥37.97 in 2Q 2022). Revenue: JP¥14.3b (up 16% from 2Q 2022). Net income: JP¥1.49b (up 41% from 2Q 2022). Profit margin: 10% (up from 8.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 31 January 2023. Payout ratio is a comfortable 27% and the cash payout ratio is 100%. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). 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. 6 experienced directors. 3 highly experienced directors. No independent directors (9 non-independent directors). External Director Teruo Fukuda was the last 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: Lack of independent directors. Insufficient board refreshment. Announcement • Nov 06
Honeys Holdings Co., Ltd. to Report Q2, 2023 Results on Jan 06, 2023 Honeys Holdings Co., Ltd. announced that they will report Q2, 2023 results on Jan 06, 2023 Reported Earnings • Oct 01
First quarter 2023 earnings released: EPS: JP¥24.65 (vs JP¥10.94 in 1Q 2022) First quarter 2023 results: EPS: JP¥24.65 (up from JP¥10.94 in 1Q 2022). Revenue: JP¥11.8b (up 12% from 1Q 2022). Net income: JP¥687.0m (up 125% from 1Q 2022). Profit margin: 5.8% (up from 2.9% 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 13% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Aug 07
Honeys Holdings Co., Ltd. to Report Q1, 2023 Results on Sep 29, 2022 Honeys Holdings Co., Ltd. announced that they will report Q1, 2023 results on Sep 29, 2022 Announcement • Jul 07
Honeys Holdings Co., Ltd., Annual General Meeting, Aug 23, 2022 Honeys Holdings Co., Ltd., Annual General Meeting, Aug 23, 2022. Reported Earnings • Jul 07
Full year 2022 earnings released: EPS: JP¥117 (vs JP¥86.22 in FY 2021) Full year 2022 results: EPS: JP¥117 (up from JP¥86.22 in FY 2021). Revenue: JP¥47.7b (up 5.1% from FY 2021). Net income: JP¥3.26b (up 36% from FY 2021). Profit margin: 6.8% (up from 5.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,198, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 11x in the Specialty Retail industry in Japan. Total returns to shareholders of 29% over the past three years. Upcoming Dividend • May 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%). Announcement • May 12
Honeys Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Jul 05, 2022 Honeys Holdings Co., Ltd. announced that they will report fiscal year 2022 results on Jul 05, 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. 6 experienced directors. 3 highly experienced directors. No independent directors (9 non-independent directors). External Director Teruo Fukuda was the last 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 31
Third quarter 2022 earnings released: JP¥7.07 loss per share (vs JP¥19.95 loss in 3Q 2021) Third quarter 2022 results: JP¥7.07 loss per share (up from JP¥19.95 loss in 3Q 2021). Revenue: JP¥9.56b (up 9.6% from 3Q 2021). Net loss: JP¥197.0m (loss narrowed 65% from 3Q 2021). 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 1% per year, which means it has not declined as severely as earnings. Announcement • Feb 05
Honeys Holdings Co., Ltd. to Report Q3, 2022 Results on Mar 29, 2022 Honeys Holdings Co., Ltd. announced that they will report Q3, 2022 results on Mar 29, 2022 Reported Earnings • Jan 07
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥37.97 (down from JP¥38.75 in 2Q 2021). Revenue: JP¥12.3b (down 2.1% from 2Q 2021). Net income: JP¥1.06b (down 2.0% from 2Q 2021). Profit margin: 8.6% (in line with 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 29 January 2022. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Reported Earnings • Sep 29
First quarter 2022 earnings released: EPS JP¥10.94 (vs JP¥19.05 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.5b (down 4.7% from 1Q 2021). Net income: JP¥305.0m (down 43% from 1Q 2021). Profit margin: 2.9% (down from 4.8% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 09
Full year 2021 earnings released: EPS JP¥86.22 (vs JP¥90.24 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥45.4b (up 6.6% from FY 2020). Net income: JP¥2.40b (down 4.5% from FY 2020). Profit margin: 5.3% (down from 5.9% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,179, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 11x in the Specialty Retail industry in Japan. Total returns to shareholders of 23% over the past three years. Upcoming Dividend • May 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 26 August 2021. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Reported Earnings • Apr 17
Third quarter 2021 earnings released: JP¥19.95 loss per share (vs JP¥27.09 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥8.72b (down 12% from 3Q 2020). Net loss: JP¥556.0m (down 174% from profit in 3Q 2020). 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 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Third quarter 2021 earnings released: JP¥19.95 loss per share (vs JP¥27.09 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥8.72b (down 12% from 3Q 2020). Net loss: JP¥556.0m (down 174% from profit in 3Q 2020). 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 1% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 01
New 90-day high: JP¥1,065 The company is up 11% from its price of JP¥961 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 9.0% over the same period. Announcement • Feb 03
Honeys Holdings Co., Ltd. to Report Q3, 2021 Results on Mar 30, 2021 Honeys Holdings Co., Ltd. announced that they will report Q3, 2021 results on Mar 30, 2021 Reported Earnings • Jan 16
Second quarter 2021 earnings released: EPS JP¥38.75 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥12.6b (down 1.0% from 2Q 2020). Net income: JP¥1.08b (down 27% from 2Q 2020). Profit margin: 8.6% (down from 12% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 07
Second quarter 2021 earnings released: EPS JP¥38.75 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥12.6b (down 1.0% from 2Q 2020). Net income: JP¥1.08b (down 27% from 2Q 2020). Profit margin: 8.6% (down from 12% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 25
New 90-day high: JP¥1,044 The company is up 5.0% from its price of JP¥993 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥932 The company is down 11% from its price of JP¥1,045 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 14% over the same period.