Announcement • Jun 17
Ichikura Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Ichikura Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 18
Full year 2026 earnings released: JP¥261 loss per share (vs JP¥17.41 loss in FY 2025) Full year 2026 results: JP¥261 loss per share (further deteriorated from JP¥17.41 loss in FY 2025). Revenue: JP¥19.4b (down 2.4% from FY 2025). Net loss: JP¥1.44b (loss widened JP¥1.35b from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • May 13
Ichikura Co., Ltd., Annual General Meeting, Jun 23, 2026 Ichikura Co., Ltd., Annual General Meeting, Jun 23, 2026. Announcement • May 10
Ichikura Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Ichikura Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥53.36 (vs JP¥73.27 in 3Q 2025) Third quarter 2026 results: EPS: JP¥53.36 (down from JP¥73.27 in 3Q 2025). Revenue: JP¥5.44b (flat on 3Q 2025). Net income: JP¥295.0m (down 27% from 3Q 2025). Profit margin: 5.4% (down from 7.4% in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Nov 29
Ichikura Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Ichikura Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 09
Second quarter 2026 earnings released: JP¥24.82 loss per share (vs JP¥67.83 loss in 2Q 2025) Second quarter 2026 results: JP¥24.82 loss per share (improved from JP¥67.83 loss in 2Q 2025). Revenue: JP¥4.46b (down 1.7% from 2Q 2025). Net loss: JP¥137.0m (loss narrowed 63% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Sep 09
Ichikura Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025 Ichikura Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 11
First quarter 2026 earnings released: JP¥83.07 loss per share (vs JP¥50.60 loss in 1Q 2025) First quarter 2026 results: JP¥83.07 loss per share (further deteriorated from JP¥50.60 loss in 1Q 2025). Revenue: JP¥3.95b (down 7.9% from 1Q 2025). Net loss: JP¥458.0m (loss widened 64% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 54% 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 • Jun 10
Ichikura Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Ichikura Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 New Risk • Jun 02
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (JP¥2.14b market cap, or US$14.9m). Reported Earnings • May 19
Full year 2025 earnings released: JP¥17.41 loss per share (vs JP¥114 profit in FY 2024) Full year 2025 results: JP¥17.41 loss per share (down from JP¥114 profit in FY 2024). Revenue: JP¥19.9b (down 2.4% from FY 2024). Net loss: JP¥96.0m (down 115% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 35% 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. Announcement • May 13
Ichikura Co., Ltd., Annual General Meeting, Jun 26, 2025 Ichikura Co., Ltd., Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥413, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 13x in the Specialty Retail industry in Japan. Total returns to shareholders of 33% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Announcement • Mar 01
Ichikura Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Ichikura Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥73.27 (vs JP¥102 in 3Q 2024) Third quarter 2025 results: EPS: JP¥73.27 (down from JP¥102 in 3Q 2024). Revenue: JP¥5.44b (down 2.2% from 3Q 2024). Net income: JP¥404.0m (down 28% from 3Q 2024). Profit margin: 7.4% (down from 10% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. New Risk • Jan 28
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 5.1% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.30b market cap, or US$14.8m). Announcement • Dec 12
Ichikura Co., Ltd. to Report Q3, 2025 Results on Feb 10, 2025 Ichikura Co., Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥399, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 13x in the Specialty Retail industry in Japan. Negligible returns to shareholders over past three years. Reported Earnings • Nov 10
Second quarter 2025 earnings released: JP¥67.83 loss per share (vs JP¥33.55 loss in 2Q 2024) Second quarter 2025 results: JP¥67.83 loss per share (further deteriorated from JP¥33.55 loss in 2Q 2024). Revenue: JP¥4.54b (down 5.2% from 2Q 2024). Net loss: JP¥374.0m (loss widened 102% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
Ichikura Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Ichikura Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: JP¥50.60 loss per share (vs JP¥47.70 loss in 1Q 2024) First quarter 2025 results: JP¥50.60 loss per share (further deteriorated from JP¥47.70 loss in 1Q 2024). Revenue: JP¥4.29b (down 5.5% from 1Q 2024). Net loss: JP¥279.0m (loss widened 6.1% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 09
Now 21% overvalued Over the last 90 days, the stock has fallen 5.1% to JP¥537. The fair value is estimated to be JP¥445, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥490, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 13x in the Specialty Retail industry in Japan. Total returns to shareholders of 43% over the past three years. Announcement • Jun 19
Ichikura Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Ichikura Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 17
Full year 2024 earnings released: EPS: JP¥114 (vs JP¥108 in FY 2023) Full year 2024 results: EPS: JP¥114 (up from JP¥108 in FY 2023). Revenue: JP¥20.4b (up 3.5% from FY 2023). Net income: JP¥629.0m (up 5.4% from FY 2023). Profit margin: 3.1% (up from 3.0% 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 98% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Ichikura Co., Ltd., Annual General Meeting, Jun 27, 2024 Ichikura Co., Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 28
Ichikura Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 Ichikura Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥102 (vs JP¥122 in 3Q 2023) Third quarter 2024 results: EPS: JP¥102 (down from JP¥122 in 3Q 2023). Revenue: JP¥5.56b (down 1.7% from 3Q 2023). Net income: JP¥562.0m (down 17% from 3Q 2023). Profit margin: 10% (down from 12% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Dec 14
Ichikura Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Ichikura Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 New Risk • Nov 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: 2.2% Last year net profit margin: 4.2% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (JP¥3.13b market cap, or US$20.7m). Reported Earnings • Nov 11
Second quarter 2024 earnings released: JP¥33.55 loss per share (vs JP¥9.25 loss in 2Q 2023) Second quarter 2024 results: JP¥33.55 loss per share (further deteriorated from JP¥9.25 loss in 2Q 2023). Revenue: JP¥4.79b (up 5.7% from 2Q 2023). Net loss: JP¥185.0m (loss widened 263% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Sep 15
Ichikura Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023 Ichikura Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: JP¥47.70 loss per share (vs JP¥44.98 loss in 1Q 2023) First quarter 2024 results: JP¥47.70 loss per share (further deteriorated from JP¥44.98 loss in 1Q 2023). Revenue: JP¥4.54b (up 9.9% from 1Q 2023). Net loss: JP¥263.0m (loss widened 6.0% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Jun 24
Ichikura Co., Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Ichikura Co., Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Announcement • May 14
Ichikura Co., Ltd., Annual General Meeting, Jun 29, 2023 Ichikura Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥21.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 24 June 2023. Payout ratio is a comfortable 8.9% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥122 (vs JP¥112 in 3Q 2022) Third quarter 2023 results: EPS: JP¥122 (up from JP¥112 in 3Q 2022). Revenue: JP¥5.66b (up 14% from 3Q 2022). Net income: JP¥675.0m (up 9.8% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Nov 30
Ichikura Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Ichikura Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Board Change • Nov 16
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. 3 non-independent directors. Outside Independent Director Hidehiko Karai was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Second quarter 2023 earnings released: JP¥9.25 loss per share (vs JP¥47.16 loss in 2Q 2022) Second quarter 2023 results: JP¥9.25 loss per share (improved from JP¥47.16 loss in 2Q 2022). Revenue: JP¥4.53b (up 13% from 2Q 2022). Net loss: JP¥51.0m (loss narrowed 80% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Sep 03
Ichikura Co., Ltd. to Report Q2, 2023 Results on Nov 09, 2022 Ichikura Co., Ltd. announced that they will report Q2, 2023 results on Nov 09, 2022 Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorated over the past week After last week's 19% share price decline to JP¥417, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 11x in the Specialty Retail industry in Japan. Total loss to shareholders of 27% over the past three years. Reported Earnings • Aug 09
First quarter 2023 earnings released: JP¥44.98 loss per share (vs JP¥40.81 loss in 1Q 2022) First quarter 2023 results: JP¥44.98 loss per share (down from JP¥40.81 loss in 1Q 2022). Revenue: JP¥4.13b (flat on 1Q 2022). Net loss: JP¥248.0m (loss widened 10% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥544, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 11x in the Specialty Retail industry in Japan. Total loss to shareholders of 7.0% over the past three years. Announcement • May 15
Ichikura Co., Ltd., Annual General Meeting, Jun 23, 2022 Ichikura Co., Ltd., Annual General Meeting, Jun 23, 2022. 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. 3 non-independent directors. Outside Independent Director Hidehiko Karai was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥112 (up from JP¥72.93 loss in 3Q 2021). Revenue: JP¥4.94b (down 4.2% from 3Q 2021). Net income: JP¥615.0m (up JP¥1.02b from 3Q 2021). Profit margin: 13% (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 65 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 02
Second quarter 2022 earnings released: JP¥47.16 loss per share (vs JP¥109 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥4.00b (up 32% from 2Q 2021). Net loss: JP¥260.0m (loss narrowed 57% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 13
First quarter 2022 earnings released: JP¥40.81 loss per share (vs JP¥200 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥4.11b (up 124% from 1Q 2021). Net loss: JP¥225.0m (loss narrowed 80% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 30
Full year 2021 earnings released: JP¥446 loss per share (vs JP¥21.81 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥14.2b (down 22% from FY 2020). Net loss: JP¥2.45b (down JP¥2.57b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Is New 90 Day High Low • Feb 12
New 90-day high: JP¥400 The company is up 9.0% from its price of JP¥367 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 7.0% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: JP¥72.93 loss per share (vs JP¥68.81 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¥5.16b (up 4.9% from 3Q 2020). Net loss: JP¥402.0m (down 207% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Announcement • Jan 29
Ichikura Co., Ltd. to Report Q3, 2021 Results on Feb 10, 2021 Ichikura Co., Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021 Announcement • Dec 31
Ichikura Co., Ltd. to Report Q3, 2021 Results on Feb 01, 2021 Ichikura Co., Ltd. announced that they will report Q3, 2021 results on Feb 01, 2021 Is New 90 Day High Low • Dec 17
New 90-day low: JP¥350 The company is down 7.0% from its price of JP¥376 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 13% over the same period. Announcement • Oct 10
Ichikura Co., Ltd. to Report Q2, 2021 Results on Nov 04, 2020 Ichikura Co., Ltd. announced that they will report Q2, 2021 results on Nov 04, 2020 Announcement • Jul 05
Ichikura Co., Ltd. to Report Q1, 2021 Results on Jul 31, 2020 Ichikura Co., Ltd. announced that they will report Q1, 2021 results on Jul 31, 2020