Announcement • Jun 23
Yamano Holdings Corporation to Report Q1, 2027 Results on Aug 14, 2026 Yamano Holdings Corporation announced that they will report Q1, 2027 results on Aug 14, 2026 New Risk • May 25
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥3.03b market cap, or US$19.1m). Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥5.94 (vs JP¥1.18 in FY 2025) Full year 2026 results: EPS: JP¥5.94 (up from JP¥1.18 in FY 2025). Revenue: JP¥14.7b (up 5.4% from FY 2025). Net income: JP¥207.0m (up 405% from FY 2025). Profit margin: 1.4% (up from 0.3% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year. Announcement • May 15
Yamano Holdings Corporation, Annual General Meeting, Jun 26, 2026 Yamano Holdings Corporation, Annual General Meeting, Jun 26, 2026. Announcement • May 10
Yamano Holdings Corporation to Report Fiscal Year 2026 Results on May 15, 2026 Yamano Holdings Corporation announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 15, 2026 Buy Or Sell Opportunity • Apr 10
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to JP¥99.00. The fair value is estimated to be JP¥127, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Mar 23
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.5% to JP¥101. The fair value is estimated to be JP¥132, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥1.50 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%). Buy Or Sell Opportunity • Mar 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.4% to JP¥105. The fair value is estimated to be JP¥133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥1.58 (vs JP¥4.56 loss in 3Q 2025) Third quarter 2026 results: EPS: JP¥1.58 (up from JP¥4.56 loss in 3Q 2025). Revenue: JP¥3.67b (up 11% from 3Q 2025). Net income: JP¥55.0m (up JP¥214.0m from 3Q 2025). Profit margin: 1.5% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Dec 28
Yamano Holdings Corporation to Report Q3, 2026 Results on Feb 13, 2026 Yamano Holdings Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥2.61 (vs JP¥3.10 in 2Q 2025) Second quarter 2026 results: EPS: JP¥2.61 (down from JP¥3.10 in 2Q 2025). Revenue: JP¥3.71b (flat on 2Q 2025). Net income: JP¥91.0m (down 16% from 2Q 2025). Profit margin: 2.5% (down from 2.9% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Declared Dividend • Nov 15
Dividend of JP¥1.50 announced Shareholders will receive a dividend of JP¥1.50. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 23
Yamano Holdings Corporation to Report Q2, 2026 Results on Nov 13, 2025 Yamano Holdings Corporation announced that they will report Q2, 2026 results on Nov 13, 2025 Buy Or Sell Opportunity • Sep 01
Now 20% undervalued Over the last 90 days, the stock has risen 57% to JP¥148. The fair value is estimated to be JP¥186, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to JP¥183, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 216% over the past three years. Buy Or Sell Opportunity • Aug 16
Now 26% undervalued Over the last 90 days, the stock has risen 45% to JP¥132. The fair value is estimated to be JP¥178, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: JP¥1.18 (vs JP¥0.80 loss in FY 2024) Full year 2025 results: EPS: JP¥1.18 (up from JP¥0.80 loss in FY 2024). Revenue: JP¥14.0b (flat on FY 2024). Net income: JP¥41.0m (up JP¥69.0m from FY 2024). Profit margin: 0.3% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • Jun 26
Yamano Holdings Corporation to Report Q1, 2026 Results on Aug 14, 2025 Yamano Holdings Corporation announced that they will report Q1, 2026 results on Aug 14, 2025 Announcement • Jun 03
Yamano Holdings Corporation (TSE:7571) agreed to acquire New York Joe Exchange Co., Ltd from Inui Munehiro. Yamano Holdings Corporation (TSE:7571) agreed to acquire New York Joe Exchange Co., Ltd from Inui Munehiro on May 15, 2025.
The expected completion of the transaction is June 2, 2025.
Yamano Holdings Corporation (TSE:7571) completed the acquisition of New York Joe Exchange Co., Ltd from Inui Munehiro on June 2, 2025. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥89.00, the stock trades at a trailing P/E ratio of 75.7x. Average trailing P/E is 13x in the Retail Distributors industry in Japan. Total returns to shareholders of 65% over the past three years. Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥1.18 (vs JP¥0.80 loss in FY 2024) Full year 2025 results: EPS: JP¥1.18 (up from JP¥0.80 loss in FY 2024). Revenue: JP¥14.0b (flat on FY 2024). Net income: JP¥41.0m (up JP¥69.0m from FY 2024). Profit margin: 0.3% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. New Risk • May 16
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 15% 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 Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (JP¥3.17b market cap, or US$21.8m). Announcement • May 15
Yamano Holdings Corporation, Annual General Meeting, Jun 27, 2025 Yamano Holdings Corporation, Annual General Meeting, Jun 27, 2025. Announcement • Mar 27
Yamano Holdings Corporation (TSE:7571) agreed to acquire Yakushi Studio Co., Ltd. from Taro Matsuzaki and other. Yamano Holdings Corporation (TSE:7571) agreed to acquire Yakushi Studio Co., Ltd. from Taro Matsuzaki and other on March 26, 2025. For the period ending October 31, 2024, Yakushi Studio Co., Ltd. reported total revenue of ¥172 million and operating loss of ¥5 million. As of October 31, 2024, Yakushi Studio Co., Ltd. reported total assets of ¥302 million and total common equity of ¥177 million. The transaction is subject to consummation of due diligence investigation. The expected completion of the transaction is April 1, 2025. Announcement • Mar 18
Yamano Holdings Corporation to Report Fiscal Year 2025 Results on May 15, 2025 Yamano Holdings Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on May 15, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: JP¥4.56 loss per share (vs JP¥0.69 loss in 3Q 2024) Third quarter 2025 results: JP¥4.56 loss per share (further deteriorated from JP¥0.69 loss in 3Q 2024). Revenue: JP¥3.30b (down 1.6% from 3Q 2024). Net loss: JP¥159.0m (loss widened JP¥135.0m from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Dec 20
Yamano Holdings Corporation to Report Q3, 2025 Results on Feb 13, 2025 Yamano Holdings Corporation announced that they will report Q3, 2025 results on Feb 13, 2025 Announcement • Aug 27
Yamano Holdings Corporation to Report Q2, 2025 Results on Nov 14, 2024 Yamano Holdings Corporation announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 19
First quarter 2025 earnings released: JP¥4.90 loss per share (vs JP¥3.56 loss in 1Q 2024) First quarter 2025 results: JP¥4.90 loss per share (further deteriorated from JP¥3.56 loss in 1Q 2024). Revenue: JP¥3.14b (down 1.9% from 1Q 2024). Net loss: JP¥171.0m (loss widened 38% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. 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 5.8% 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 (5.8% average weekly change). Market cap is less than US$100m (JP¥1.81b market cap, or US$12.7m). Announcement • Jun 23
Yamano Holdings Corporation to Report Q1, 2025 Results on Aug 14, 2024 Yamano Holdings Corporation announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • May 21
Full year 2024 earnings released: JP¥0.80 loss per share (vs JP¥4.96 profit in FY 2023) Full year 2024 results: JP¥0.80 loss per share (down from JP¥4.96 profit in FY 2023). Revenue: JP¥13.8b (flat on FY 2023). Net loss: JP¥28.0m (down 116% from profit in FY 2023). 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 1% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Yamano Holdings Corporation, Annual General Meeting, Jun 27, 2024 Yamano Holdings Corporation, Annual General Meeting, Jun 27, 2024. Buy Or Sell Opportunity • Mar 14
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 9.0% to JP¥73.00. The fair value is estimated to be JP¥59.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Mar 13
Yamano Holdings Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Yamano Holdings Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 17
Third quarter 2024 earnings released: JP¥0.69 loss per share (vs JP¥0.057 profit in 3Q 2023) Third quarter 2024 results: JP¥0.69 loss per share (down from JP¥0.057 profit in 3Q 2023). Revenue: JP¥3.35b (down 2.8% from 3Q 2023). Net loss: JP¥24.0m (down JP¥26.0m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Dec 20
Yamano Holdings Corporation to Report Q3, 2024 Results on Feb 14, 2024 Yamano Holdings Corporation announced that they will report Q3, 2024 results on Feb 14, 2024 New Risk • Nov 21
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: 0.8% Last year net profit margin: 1.4% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (JP¥2.23b market cap, or US$15.0m). Announcement • Sep 08
Yamano Holdings Corporation to Report Q2, 2024 Results on Nov 15, 2023 Yamano Holdings Corporation announced that they will report Q2, 2024 results on Nov 15, 2023 New Risk • Aug 17
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.44b market cap, or US$16.7m). Reported Earnings • Aug 16
First quarter 2024 earnings released: JP¥3.56 loss per share (vs JP¥4.65 loss in 1Q 2023) First quarter 2024 results: JP¥3.56 loss per share (improved from JP¥4.65 loss in 1Q 2023). Revenue: JP¥3.20b (up 4.7% from 1Q 2023). Net loss: JP¥124.0m (loss narrowed 24% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jun 28
Yamano Holdings Corporation to Report Q1, 2024 Results on Aug 14, 2023 Yamano Holdings Corporation announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥4.96 (vs JP¥2.90 in FY 2022) Full year 2023 results: EPS: JP¥4.96 (up from JP¥2.90 in FY 2022). Revenue: JP¥13.9b (up 5.5% from FY 2022). Net income: JP¥173.0m (up 71% from FY 2022). Profit margin: 1.2% (up from 0.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥1.50 per share at 1.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%). Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: JP¥0.057 (vs JP¥1.46 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥0.057 (up from JP¥1.46 loss in 3Q 2022). Revenue: JP¥3.45b (up 11% from 3Q 2022). Net income: JP¥2.00m (up JP¥53.0m from 3Q 2022). Profit margin: 0.1% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Dec 28
Yamano Holdings Corporation to Report Q3, 2023 Results on Feb 14, 2023 Yamano Holdings Corporation announced that they will report Q3, 2023 results on Feb 14, 2023 Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥82.00, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total loss to shareholders of 7.4% over the past three years. Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥6.19 (vs JP¥4.30 in 2Q 2022) Second quarter 2023 results: EPS: JP¥6.19 (up from JP¥4.30 in 2Q 2022). Revenue: JP¥3.74b (up 8.0% from 2Q 2022). Net income: JP¥216.0m (up 44% from 2Q 2022). Profit margin: 5.8% (up from 4.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 11% 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. 3 experienced directors. 6 highly experienced directors. No independent directors (6 non-independent directors). Managing Executive Officer, GM - DSM Division & Director Seiichi Katsuta was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Sep 28
Yamano Holdings Corporation to Report Q2, 2023 Results on Nov 15, 2022 Yamano Holdings Corporation announced that they will report Q2, 2023 results on Nov 15, 2022 Reported Earnings • Aug 17
First quarter 2023 earnings released: JP¥4.65 loss per share (vs JP¥5.14 loss in 1Q 2022) First quarter 2023 results: JP¥4.65 loss per share (up from JP¥5.14 loss in 1Q 2022). Revenue: JP¥3.06b (up 2.8% from 1Q 2022). Net loss: JP¥162.0m (loss narrowed 9.5% 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 14% per year, which means it is performing significantly worse than earnings. Announcement • Jun 29
Yamano Holdings Corporation to Report Q1, 2023 Results on Aug 15, 2022 Yamano Holdings Corporation announced that they will report Q1, 2023 results on Aug 15, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥2.90 (vs JP¥9.66 loss in FY 2021) Full year 2022 results: EPS: JP¥2.90 (up from JP¥9.66 loss in FY 2021). Revenue: JP¥13.2b (up 3.7% from FY 2021). Net income: JP¥101.0m (up JP¥425.0m from FY 2021). Profit margin: 0.8% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 38% 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. Announcement • May 15
Yamano Holdings Corporation, Annual General Meeting, Jun 29, 2022 Yamano Holdings Corporation, Annual General Meeting, Jun 29, 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. 4 experienced directors. 6 highly experienced directors. No independent directors (7 non-independent directors). Executive Officer, GM - Corporate Planning Division & Director Atsuo Kinoshita 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 16
Yamano Holdings Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Yamano Holdings Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥1.46 loss per share (down from JP¥1.31 profit in 3Q 2021). Revenue: JP¥3.12b (down 8.0% from 3Q 2021). Net loss: JP¥51.0m (down 216% from profit 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 53 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥4.30 (vs JP¥8.02 in 2Q 2021) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥3.46b (flat on 2Q 2021). Net income: JP¥150.0m (down 44% from 2Q 2021). Profit margin: 4.3% (down from 7.8% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • May 18
Full year 2021 earnings released: JP¥9.66 loss per share (vs JP¥0.089 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¥12.7b (down 9.7% from FY 2020). Net loss: JP¥324.0m (down JP¥327.0m 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 90 percentage points per year, which is a significant difference in performance. Announcement • Apr 04
Yamano Holdings Corporation announced that it has received ¥95.976 million in funding On April 2, 2021, Yamano Holdings Corporation (JASDAQ:7571) closed the transaction. Announcement • Mar 21
Yamano Holdings Corporation to Report Fiscal Year 2021 Results on May 14, 2021 Yamano Holdings Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Feb 17
New 90-day high: JP¥70.00 The company is up 4.0% from its price of JP¥67.00 on 19 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Retail Distributors industry, which is up 2.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥1.31 (vs JP¥4.68 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.39b (up 2.6% from 3Q 2020). Net income: JP¥44.0m (up JP¥201.0m from 3Q 2020). Profit margin: 1.3% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Dec 26
Yamano Holdings Corporation to Report Q3, 2021 Results on Feb 12, 2021 Yamano Holdings Corporation announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 22
New 90-day low: JP¥63.00 The company is down 11% from its price of JP¥71.00 on 23 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 Retail Distributors industry, which is down 1.0% over the same period. Reported Earnings • Nov 16
Second quarter 2021 earnings released: EPS JP¥8.02 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥3.45b (down 6.1% from 2Q 2020). Net income: JP¥269.0m (up 65% from 2Q 2020). Profit margin: 7.8% (up from 4.4% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 120% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 13
New 90-day high: JP¥74.00 The company is up 12% from its price of JP¥66.00 on 15 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Retail Distributors industry, which is up 15% over the same period. Announcement • Oct 10
Yamano Holdings Corporation to Report Q2, 2021 Results on Nov 13, 2020 Yamano Holdings Corporation announced that they will report Q2, 2021 results on Nov 13, 2020 Announcement • Jul 30
Yamano Holdings Corporation (JASDAQ:7571) completed the acquisition of MAN TO MAN ACADEMY CO., LTD. from Kazunori Ito. Yamano Holdings Corporation (JASDAQ:7571) agreed to acquire MAN TO MAN ACADEMY CO., LTD. from Kazunori Ito for ¥470 million on December 20, 2019. Yamano Holdings Corporation entered into an agreement to acquire MAN TO MAN ACADEMY CO., LTD. from Kazunori Ito on December 23, 2019. Yamano Holdings Corporation will acquire 200 shares of MAN TO MAN ACADEMY CO., LTD. For the year ended June 2019, MAN TO MAN ACADEMY CO., LTD. reported net assets of ¥737 million, total assets of ¥ 865 million, sales of ¥618 million, operating profit of ¥36 million and net income of ¥47 million. The transaction is expected to complete on March 2, 2020. The impact of this matter on consolidated business results for the current fiscal year is expected to be minor. The advisory fee of approximately ¥23 million will also be paid.
Yamano Holdings Corporation (JASDAQ:7571) completed the acquisition of MAN TO MAN ACADEMY CO., LTD. from Kazunori Ito on March 2, 2020. Post completion, MAN TO MAN ACADEMY will operate as a wholly owned subsidiary of Yamano Holdings. Along with this, Yamano Holdings recorded a gain on negative goodwill as extraordinary income. In the consolidated financial statements for the year ended March 31, 2020, Yamano Holdings recorded a gain on negative goodwill of ¥98 million as extraordinary income. 
