New Risk • Jun 06
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 6.9% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥745m free cash flow). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥4.40b market cap, or US$27.5m). New Risk • May 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -JP¥745m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥745m free cash flow). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥5.40b market cap, or US$34.0m). New Risk • Mar 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥5.61b market cap, or US$35.5m). Announcement • Feb 26
4Cs HD Co., Ltd. announced that it has received ¥800.394 million in funding from Denba Japan Co., Ltd. On February 24, 2026, the 4Cs HD Co., Ltd. closed the transaction Reported Earnings • Feb 16
First quarter 2026 earnings released: JP¥16.16 loss per share (vs JP¥0.59 loss in 1Q 2025) First quarter 2026 results: JP¥16.16 loss per share (further deteriorated from JP¥0.59 loss in 1Q 2025). Revenue: JP¥528.0m (down 14% from 1Q 2025). Net loss: JP¥181.0m (loss widened JP¥175.1m from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Feb 05
4Cs HD Co., Ltd. announced that it expects to receive ¥800.394 million in funding from Denba Japan Co., Ltd. 4Cs HD Co., Ltd. announced private placement of 1,938,000 common shares at an issue price of ¥413 per share for gross proceeds of ¥800,394,000 on February 4, 2026. The transaction includes participation from DENBAJAPAN Co., Ltd. ("DENBA"). The company will issue shares by third party allotment. The transaction is approved by board of directors of the company and is expected to close on February 24, 2026. The company will pay estimated issue expenses of ¥2,000,000 for attorney's fees, ¥40,000,000 for Financial advisor fees, ¥1,000,000 for anti-social organization check investigation fees, ¥867,000 for registration-related fees, etc. for total aggregate issue expenses of ¥43,867,000. The total estimated net proceeds to be raised are ¥756,527,000. Announcement • Dec 27
4Cs HD Co., Ltd. to Report Q1, 2026 Results on Feb 13, 2026 4Cs HD Co., Ltd. announced that they will report Q1, 2026 results on Feb 13, 2026 Reported Earnings • Dec 25
Full year 2025 earnings released: JP¥23.55 loss per share (vs JP¥31.27 loss in FY 2024) Full year 2025 results: JP¥23.55 loss per share (improved from JP¥31.27 loss in FY 2024). Revenue: JP¥2.44b (up 8.2% from FY 2024). Net loss: JP¥243.0m (loss narrowed 11% from FY 2024). 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 6% per year, which means it is well ahead of earnings. Announcement • Nov 17
4Cs HD Co., Ltd., Annual General Meeting, Dec 23, 2025 4Cs HD Co., Ltd., Annual General Meeting, Dec 23, 2025. Announcement • Oct 30
4Cs HD Co., Ltd. (TSE:3726) signed a letter of intent to acquire 49% stake in GBS Services Company Limited from Atsushi Kawase for HKD 9452. 4Cs HD Co., Ltd. (TSE:3726) signed a letter of intent to acquire 49% stake in GBS Services Company Limited from Atsushi Kawase for HKD 9452 on October 28, 2025. On October 29, 2025, a contract has been executed. A cash consideration of HKD 9452 will be paid by 4Cs HD Co., Ltd. As part of consideration, HKD 9452 is paid towards common equity of GBS Services Company Limited.
As of September 30, 2025, GBS Services Company Limited reported total assets of HKD 0.01 million and total common equity of HKD 0.01 million.
The expected completion of the transaction is November 2025. Announcement • Oct 01
4Cs HD Co., Ltd. to Report Fiscal Year 2025 Results on Nov 14, 2025 4Cs HD Co., Ltd. announced that they will report fiscal year 2025 results on Nov 14, 2025 Reported Earnings • Aug 10
Third quarter 2025 earnings released: JP¥9.80 loss per share (vs JP¥1.72 loss in 3Q 2024) Third quarter 2025 results: JP¥9.80 loss per share (further deteriorated from JP¥1.72 loss in 3Q 2024). Revenue: JP¥591.0m (up 5.7% from 3Q 2024). Net loss: JP¥99.0m (loss widened JP¥84.0m from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Jun 13
4Cs HD Co., Ltd. announced that it expects to receive ¥444.58829 million in funding from Gold Pacific Global Limited, GFA Co., Ltd. 4Cs HD Co., Ltd announced a private placement to issue 679,000 Common shares at a price of ¥632 for aggregate proceeds of ¥429,128,000 and 18,210 units of the 17th stock acquisition rights at a price of ¥849 per unit for aggregate proceeds of ¥15,460,290 and total Gross Proceeds amounting to ¥444,588,290 on June 13, 2025. The stock Acquisition rights has an exercise period from July 1, 2025 to June 28, 2030. The Transaction will include Participation from GFA, Four Syth & Company, Mirai Revitalization Fund, KING Limited Liability Partnership, Takafumi Horie, Yuta Misaki, Digital Recrime Inc and Gold Pacific Global Limited. The transaction is expected to close on Hune 30, 2025. Reported Earnings • May 19
Second quarter 2025 earnings released: JP¥5.18 loss per share (vs JP¥4.46 loss in 2Q 2024) Second quarter 2025 results: JP¥5.18 loss per share (further deteriorated from JP¥4.46 loss in 2Q 2024). Revenue: JP¥574.9m (up 6.5% from 2Q 2024). Net loss: JP¥52.1m (loss widened 45% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Mar 29
4Cs HD Co., Ltd. to Report Q2, 2025 Results on May 14, 2025 4Cs HD Co., Ltd. announced that they will report Q2, 2025 results on May 14, 2025 New Risk • Mar 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥361m free cash flow). Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (JP¥8.74b market cap, or US$57.8m). Reported Earnings • Feb 17
First quarter 2025 earnings released: JP¥0.50 loss per share (vs JP¥4.71 loss in 1Q 2024) First quarter 2025 results: JP¥0.50 loss per share (improved from JP¥4.71 loss in 1Q 2024). Revenue: JP¥615.0m (up 7.3% from 1Q 2024). Net loss: JP¥5.00m (loss narrowed 87% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Jan 03
4Cs HD Co., Ltd. to Report Q1, 2025 Results on Feb 14, 2025 4Cs HD Co., Ltd. announced that they will report Q1, 2025 results on Feb 14, 2025 Reported Earnings • Dec 28
Full year 2024 earnings released: JP¥31.27 loss per share (vs JP¥35.21 loss in FY 2023) Full year 2024 results: JP¥31.27 loss per share. Revenue: JP¥2.26b (up 5.7% from FY 2023). Net loss: JP¥273.0m (flat on FY 2023). Announcement • Nov 14
4Cs HD Co., Ltd., Annual General Meeting, Dec 20, 2024 4Cs HD Co., Ltd., Annual General Meeting, Dec 20, 2024. Announcement • Aug 29
4Cs HD Co., Ltd. to Report Fiscal Year 2024 Results on Nov 08, 2024 4Cs HD Co., Ltd. announced that they will report fiscal year 2024 results on Nov 08, 2024 New Risk • Jun 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (JP¥4.92b market cap, or US$31.4m). Announcement • Jun 06
4Cs HD Co., Ltd. to Report Q3, 2024 Results on Aug 09, 2024 4Cs HD Co., Ltd. announced that they will report Q3, 2024 results on Aug 09, 2024 Reported Earnings • May 13
Second quarter 2024 earnings released: JP¥4.46 loss per share (vs JP¥4.13 loss in 2Q 2023) Second quarter 2024 results: JP¥4.46 loss per share (further deteriorated from JP¥4.13 loss in 2Q 2023). Revenue: JP¥540.0m (down 4.4% from 2Q 2023). Net loss: JP¥36.0m (loss widened 16% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
4Cs HD Co., Ltd. to Report Q2, 2024 Results on May 10, 2024 4Cs HD Co., Ltd. announced that they will report Q2, 2024 results on May 10, 2024 Reported Earnings • Feb 11
First quarter 2024 earnings released: JP¥4.71 loss per share (vs JP¥9.92 loss in 1Q 2023) First quarter 2024 results: JP¥4.71 loss per share (improved from JP¥9.92 loss in 1Q 2023). Revenue: JP¥573.0m (up 24% from 1Q 2023). Net loss: JP¥38.0m (loss narrowed 47% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Dec 28
4Cs HD Co., Ltd. to Report Q1, 2024 Results on Feb 09, 2024 4Cs HD Co., Ltd. announced that they will report Q1, 2024 results on Feb 09, 2024 Reported Earnings • Dec 28
Full year 2023 earnings released: JP¥35.21 loss per share (vs JP¥21.69 loss in FY 2022) Full year 2023 results: JP¥35.21 loss per share (further deteriorated from JP¥21.69 loss in FY 2022). Revenue: JP¥2.14b (down 8.1% from FY 2022). Net loss: JP¥272.0m (loss widened 74% from FY 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Full year 2023 earnings released: JP¥35.21 loss per share (vs JP¥21.69 loss in FY 2022) Full year 2023 results: JP¥35.21 loss per share (further deteriorated from JP¥21.69 loss in FY 2022). Revenue: JP¥2.14b (down 8.1% from FY 2022). Net loss: JP¥272.0m (loss widened 74% from FY 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Nov 10
4Cs HD Co., Ltd., Annual General Meeting, Dec 22, 2023 4Cs HD Co., Ltd., Annual General Meeting, Dec 22, 2023. Announcement • Sep 28
4Cs HD Co., Ltd. to Report Q4, 2023 Results on Nov 10, 2023 4Cs HD Co., Ltd. announced that they will report Q4, 2023 results on Nov 10, 2023 Reported Earnings • Aug 12
Third quarter 2023 earnings released: JP¥6.69 loss per share (vs JP¥3.48 loss in 3Q 2022) Third quarter 2023 results: JP¥6.69 loss per share (further deteriorated from JP¥3.48 loss in 3Q 2022). Revenue: JP¥535.0m (down 1.8% from 3Q 2022). Net loss: JP¥54.0m (loss widened 116% from 3Q 2022). 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 1% per year, which means it is significantly lagging earnings growth. Announcement • Jun 26
4Cs HD Co., Ltd. to Report Q3, 2023 Results on Aug 10, 2023 4Cs HD Co., Ltd. announced that they will report Q3, 2023 results on Aug 10, 2023 Reported Earnings • May 17
Second quarter 2023 earnings released: JP¥4.13 loss per share (vs JP¥4.17 loss in 2Q 2022) Second quarter 2023 results: JP¥4.13 loss per share. Revenue: JP¥565.0m (down 2.8% from 2Q 2022). Net loss: JP¥31.0m (loss widened 3.3% from 2Q 2022). Reported Earnings • Feb 12
First quarter 2023 earnings released: JP¥9.92 loss per share (vs JP¥6.68 loss in 1Q 2022) First quarter 2023 results: JP¥9.92 loss per share (further deteriorated from JP¥6.68 loss in 1Q 2022). Revenue: JP¥463.0m (down 29% from 1Q 2022). Net loss: JP¥72.0m (loss widened 50% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Feb 11
4Cs HD Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending March 31, 2023; Provides Consolidated Earnings Guidance for the Year Ending September 30, 2023 4Cs HD Co., Ltd. provided consolidated earnings guidance for the six months ending March 31, 2023. For the period, the company expects net sales of JPY 1,200 million, operating loss of JPY 16 million, loss attributable to owners of parent of JPY 28 million or JPY 3.94 per basic share. For the year ending September 30, 2023, the company expects net sales of JPY 2,428 million, operating profit of JPY 50 million, profit attributable to owners of parent of JPY 38 million or JPY 5.36 basic earnings per share. Announcement • Dec 28
4Cs HD Co., Ltd. to Report Q1, 2023 Results on Feb 10, 2023 4Cs HD Co., Ltd. announced that they will report Q1, 2023 results on Feb 10, 2023 Reported Earnings • Dec 27
Full year 2022 earnings released: JP¥21.69 loss per share (vs JP¥24.91 loss in FY 2021) Full year 2022 results: JP¥21.69 loss per share (improved from JP¥24.91 loss in FY 2021). Revenue: JP¥2.32b (down 5.9% from FY 2021). Net loss: JP¥156.0m (loss narrowed 12% from FY 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. No independent directors (7 non-independent directors). Director Hideo Kakehashi 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 13
4Cs HD Co., Ltd., Annual General Meeting, Dec 16, 2022 4Cs HD Co., Ltd., Annual General Meeting, Dec 16, 2022. Reported Earnings • Nov 13
Full year 2022 earnings released: JP¥21.69 loss per share (vs JP¥24.91 loss in FY 2021) Full year 2022 results: JP¥21.69 loss per share (improved from JP¥24.91 loss in FY 2021). Revenue: JP¥2.32b (down 5.9% from FY 2021). Net loss: JP¥156.0m (loss narrowed 12% from FY 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Sep 29
4Cs HD Co., Ltd. to Report Fiscal Year 2022 Results on Nov 11, 2022 4Cs HD Co., Ltd. announced that they will report fiscal year 2022 results on Nov 11, 2022 Reported Earnings • Aug 12
Third quarter 2022 earnings released: JP¥3.48 loss per share (vs JP¥1.53 profit in 3Q 2021) Third quarter 2022 results: JP¥3.48 loss per share (down from JP¥1.53 profit in 3Q 2021). Revenue: JP¥545.0m (down 28% from 3Q 2021). Net loss: JP¥25.0m (down 327% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jun 25
4Cs HD Co., Ltd. to Report Q3, 2022 Results on Aug 10, 2022 4Cs HD Co., Ltd. announced that they will report Q3, 2022 results on Aug 10, 2022 Reported Earnings • May 19
Second quarter 2022 earnings released: JP¥4.17 loss per share (vs JP¥6.12 loss in 2Q 2021) Second quarter 2022 results: JP¥4.17 loss per share (up from JP¥6.12 loss in 2Q 2021). Revenue: JP¥581.0m (up 16% from 2Q 2021). Net loss: JP¥30.0m (loss narrowed 32% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. 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. 8 experienced directors. 2 highly experienced directors. No independent directors (7 non-independent directors). Director Hideo Kakehashi 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 • Apr 08
4Cs HD Co.,Ltd. to Report Q2, 2022 Results on May 13, 2022 4Cs HD Co.,Ltd. announced that they will report Q2, 2022 results on May 13, 2022 Reported Earnings • Feb 12
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: JP¥6.68 loss per share (down from JP¥6.27 loss in 1Q 2021). Revenue: JP¥652.0m (up 36% from 1Q 2021). Net loss: JP¥48.0m (loss widened 9.1% from 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year. Reported Earnings • Dec 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: JP¥24.91 loss per share (up from JP¥67.90 loss in FY 2020). Revenue: JP¥2.47b (up 26% from FY 2020). Net loss: JP¥178.0m (loss narrowed 62% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Nov 15
Full year 2021 earnings released: JP¥24.91 loss per share (vs JP¥67.90 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: JP¥2.47b (up 26% from FY 2020). Net loss: JP¥178.0m (loss narrowed 62% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 18% 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. Reported Earnings • Feb 12
First quarter 2021 earnings released: JP¥6.27 loss per share (vs JP¥14.45 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: JP¥478.0m (up 11% from 1Q 2020). Net loss: JP¥44.0m (loss narrowed 55% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 81% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 27
Full year 2020 earnings released: JP¥67.90 loss per share The company reported a poor full year result with increased losses and weaker control over expenses, although revenues were flat. Full year 2020 results: Revenue: JP¥1.97b (flat on FY 2019). Net loss: JP¥464.0m (loss widened 26% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Dec 26
4Cs Holdings Co., Ltd. to Report Q1, 2021 Results on Feb 10, 2021 4Cs Holdings Co., Ltd. announced that they will report Q1, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 17
New 90-day high: JP¥516 The company is up 5.0% from its price of JP¥493 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 8.0% over the same period. Announcement • Nov 15
4Cs Holdings Co., Ltd., Annual General Meeting, Dec 18, 2020 4Cs Holdings Co., Ltd., Annual General Meeting, Dec 18, 2020. Announcement • Oct 01
4Cs Holdings Co., Ltd. to Report Fiscal Year 2020 Results on Nov 13, 2020 4Cs Holdings Co., Ltd. announced that they will report fiscal year 2020 results on Nov 13, 2020 Announcement • Jul 01
4Cs Holdings Co., Ltd. announced that it has received ¥105.4941 million in funding from Oak Capital Corporation On June 29, 2020, 4Cs Holdings Co., Ltd. (TSE:3726) closed the transaction.