Announcement • Jun 09
Vt Holdings Co.,Ltd. to Report Q1, 2027 Results on Aug 10, 2026 Vt Holdings Co.,Ltd. announced that they will report Q1, 2027 results on Aug 10, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥41.50 (vs JP¥43.83 in FY 2025) Full year 2026 results: EPS: JP¥41.50 (down from JP¥43.83 in FY 2025). Revenue: JP¥388.7b (up 11% from FY 2025). Net income: JP¥4.90b (down 7.6% from FY 2025). Profit margin: 1.3% (down from 1.5% in FY 2025). The decrease in margin was driven by higher expenses. 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 4% per year, which means it has not declined as severely as earnings. Announcement • May 15
Vt Holdings Co.,Ltd., Annual General Meeting, Jun 25, 2026 Vt Holdings Co.,Ltd., Annual General Meeting, Jun 25, 2026. Announcement • May 10
Vt Holdings Co.,Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Vt Holdings Co.,Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥12.89 (vs JP¥12.57 in 3Q 2025) Third quarter 2026 results: EPS: JP¥12.89. Revenue: JP¥98.6b (up 13% from 3Q 2025). Net income: JP¥1.50b (down 1.5% from 3Q 2025). Profit margin: 1.5% (down from 1.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Announcement • Jan 06
Vt Holdings Co.,Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Vt Holdings Co.,Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Declared Dividend • Dec 02
First half dividend of JP¥12.00 announced Dividend of JP¥12.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 10th June 2026 Dividend yield will be 4.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥19.47 (vs JP¥14.14 in 2Q 2025) Second quarter 2026 results: EPS: JP¥19.47 (up from JP¥14.14 in 2Q 2025). Revenue: JP¥93.5b (up 9.5% from 2Q 2025). Net income: JP¥2.31b (up 35% from 2Q 2025). Profit margin: 2.5% (up from 2.0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Buy Or Sell Opportunity • Nov 18
Now 20% undervalued Over the last 90 days, the stock has risen 1.2% to JP¥496. The fair value is estimated to be JP¥623, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 12%. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Announcement • Sep 02
Vt Holdings Co.,Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Vt Holdings Co.,Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Aug 13
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: 1.4% Last year net profit margin: 2.1% 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 High level of debt (81% net debt to equity). Profit margins are more than 30% lower than last year (1.4% net profit margin). Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: JP¥11.22 (vs JP¥12.55 in 1Q 2025) First quarter 2026 results: EPS: JP¥11.22 (down from JP¥12.55 in 1Q 2025). Revenue: JP¥90.6b (up 6.9% from 1Q 2025). Net income: JP¥1.36b (down 10% from 1Q 2025). Profit margin: 1.5% (down from 1.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% 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. Declared Dividend • Jul 09
Final dividend of JP¥12.00 announced Dividend of JP¥12.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 5.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 27
Vt Holdings Co.,Ltd. to Report Q1, 2026 Results on Aug 12, 2025 Vt Holdings Co.,Ltd. announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 20
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥43.83 (down from JP¥56.86 in FY 2024). Revenue: JP¥351.6b (up 13% from FY 2024). Net income: JP¥5.30b (down 21% from FY 2024). Profit margin: 1.5% (down from 2.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • May 16
Vt Holdings Co.,Ltd., Annual General Meeting, Jun 26, 2025 Vt Holdings Co.,Ltd., Annual General Meeting, Jun 26, 2025. Announcement • May 14
Vt Holdings Co.,Ltd. (TSE:7593) proposed to acquire remaining minority stake in Trust Co., Ltd. (TSE:3347) from group of shareholders for ¥2.95 billion. Vt Holdings Co.,Ltd. (TSE:7593) proposed to acquire remaining 27.80% stake in Trust Co., Ltd. (TSE:3347) from group of shareholders for ¥2.95 billion on May 14, 2025. A cash consideration of ¥2.95 billion valued at ¥410 per share will be paid by Vt Holdings Co.,Ltd. As part of consideration, ¥2.95 billion is paid towards common equity of Trust Co., Ltd. Upon completion, Vt Holdings Co.,Ltd. will own 100% stake in Trust Co., Ltd. The Settlement will start on July 18, 2025.
AGS FAS acted as financial advisor and fairness provider Offeror and the Target and Kitahama Partners acted as a legal advisor to Trust Co. Tokai Tokyo Securities Co., Ltd. acted as financial advisor to the Offeror. Announcement • Mar 26
Vt Holdings Co.,Ltd. (TSE:7593) signed a letter of intent to acquire Motoren Sapporo, K.K. from Hokkaido Leasing Co., Ltd., The Hokkaido Bank, Ltd., AOI CONSTRUCTION CO., LTD. and DAIEI SANGYO CO., LTD., Takuro Nakajima and Asako Watagi for ¥1.2 billion. Vt Holdings Co.,Ltd. (TSE:7593) signed a letter of intent to acquire Motoren Sapporo, K.K. from Hokkaido Leasing Co., Ltd., The Hokkaido Bank, Ltd., AOI CONSTRUCTION CO., LTD. and DAIEI SANGYO CO., LTD., Takuro Nakajima and Asako Watagi for ¥1.2 billion on March 26, 2025.
The expected completion of the transaction is April 1, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Announcement • Mar 01
Vt Holdings Co.,Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Vt Holdings Co.,Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥12.57 (vs JP¥17.10 in 3Q 2024) Third quarter 2025 results: EPS: JP¥12.57 (down from JP¥17.10 in 3Q 2024). Revenue: JP¥87.5b (up 13% from 3Q 2024). Net income: JP¥1.52b (down 25% from 3Q 2024). Profit margin: 1.7% (down from 2.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jan 03
Vt Holdings Co.,Ltd. to Report Q3, 2025 Results on Feb 12, 2025 Vt Holdings Co.,Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025 Announcement • Dec 26
Vt Holdings Co.,Ltd. Announces Resignation of Masahisa Kato as Director (Full-Time Audit and Supervisory Committee Member), Effective December 31, 2024 Vt Holdings Co.,Ltd. announced the resignation of Masahisa Kato as director (full-time Audit and Supervisory Committee member), due to personal reasons. Effective date is December 31, 2024. Declared Dividend • Dec 03
First half dividend of JP¥12.00 announced Dividend of JP¥12.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 11th June 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥14.14 (vs JP¥15.97 in 2Q 2024) Second quarter 2025 results: EPS: JP¥14.14 (down from JP¥15.97 in 2Q 2024). Revenue: JP¥85.4b (up 11% from 2Q 2024). Net income: JP¥1.71b (down 9.2% from 2Q 2024). Profit margin: 2.0% (down from 2.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. 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 1% per year, which means it has not declined as severely as earnings. Announcement • Sep 27
Vt Holdings Co.,Ltd. to Report Q2, 2025 Results on Nov 12, 2024 Vt Holdings Co.,Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥12.55 (vs JP¥12.38 in 1Q 2024) First quarter 2025 results: EPS: JP¥12.55 (up from JP¥12.38 in 1Q 2024). Revenue: JP¥84.8b (up 25% from 1Q 2024). Net income: JP¥1.52b (up 5.3% from 1Q 2024). Profit margin: 1.8% (down from 2.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% 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. Declared Dividend • Jul 11
Final dividend of JP¥12.00 announced Dividend of JP¥12.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 4.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 28
Vt Holdings Co.,Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Vt Holdings Co.,Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 20
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: JP¥56.86 (down from JP¥61.90 in FY 2023). Revenue: JP¥311.6b (up 17% from FY 2023). Net income: JP¥6.70b (down 6.7% from FY 2023). Profit margin: 2.1% (down from 2.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 3.6% p.a. on average during the next 2 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 fallen by 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • May 17
Vt Holdings Co.,Ltd., Annual General Meeting, Jun 27, 2024 Vt Holdings Co.,Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 28
Vt Holdings Co.,Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Vt Holdings Co.,Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Announcement • Mar 27
Vt Holdings Co.,Ltd. (TSE:7593) announces an Equity Buyback for 1,000,000 shares, representing 0.83% for ¥534 million. Vt Holdings Co.,Ltd. (TSE:7593) announces a share repurchase program. Under the program, the company will repurchase 1,000,000 shares, representing 0.83% of the outstanding shares for ¥534 million. The shares will be repurchased at ¥534 per share. The purpose of the program is to improve capital efficiency and enable flexible capital policy in response to changes in the business environment. As of March 25, 2024, the company had 120,837,670 shares outstanding and 593,364 shares in treasury. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: JP¥17.09 (vs JP¥15.36 in 3Q 2023) Third quarter 2024 results: EPS: JP¥17.09 (up from JP¥15.36 in 3Q 2023). Revenue: JP¥77.1b (up 15% from 3Q 2023). Net income: JP¥2.02b (up 13% from 3Q 2023). Profit margin: 2.6% (down from 2.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% 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 fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Dec 28
Vt Holdings Co.,Ltd. to Report Q3, 2024 Results on Feb 14, 2024 Vt Holdings Co.,Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 18
Second quarter 2024 earnings released: EPS: JP¥15.97 (vs JP¥17.80 in 2Q 2023) Second quarter 2024 results: EPS: JP¥15.97 (down from JP¥17.80 in 2Q 2023). Revenue: JP¥76.9b (up 20% from 2Q 2023). Net income: JP¥1.88b (down 8.8% from 2Q 2023). Profit margin: 2.4% (down from 3.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year. Announcement • Sep 30
Vt Holdings Co.,Ltd. to Report Q2, 2024 Results on Nov 14, 2023 Vt Holdings Co.,Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥12.00 per share at 4.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥12.38 (vs JP¥13.83 in 1Q 2023) First quarter 2024 results: EPS: JP¥12.38 (down from JP¥13.83 in 1Q 2023). Revenue: JP¥68.1b (up 9.3% from 1Q 2023). Net income: JP¥1.44b (down 10% from 1Q 2023). Profit margin: 2.1% (down from 2.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% 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 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Vt Holdings Co.,Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Vt Holdings Co.,Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • May 26
Vt Holdings Co.,Ltd. (TSE:7593) entered into an agreement to acquire Fuji Motoren Corp from Fuji Bussan Co., Ltd for ¥280 million. Vt Holdings Co.,Ltd. (TSE:7593) entered into an agreement to acquire Fuji Motoren Corp from Fuji Bussan Co., Ltd for ¥280 million on May 25, 2023. 1,000 shares to be acquired in Fuji Motoren Corp. Execution of share transfer will be on July 1, 2023. Reported Earnings • May 17
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥61.90 (down from JP¥101 in FY 2022). Revenue: JP¥266.3b (up 12% from FY 2022). Net income: JP¥7.18b (down 39% from FY 2022). Profit margin: 2.7% (down from 4.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • May 16
Vt Holdings Co.,Ltd., Annual General Meeting, Jun 28, 2023 Vt Holdings Co.,Ltd., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.50 per share at 4.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 19
Third quarter 2023 earnings released: EPS: JP¥15.36 (vs JP¥12.08 in 3Q 2022) Third quarter 2023 results: EPS: JP¥15.36 (up from JP¥12.08 in 3Q 2022). Revenue: JP¥66.8b (up 18% from 3Q 2022). Net income: JP¥1.78b (up 27% from 3Q 2022). Profit margin: 2.7% (up from 2.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.1% 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 7% per year, which means it is significantly lagging earnings growth. Announcement • Dec 30
Vt Holdings Co.,Ltd. to Report Q3, 2023 Results on Feb 14, 2023 Vt Holdings Co.,Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023 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. 8 highly experienced directors. No independent directors (9 non-independent directors). External Director Hisatake Yamada 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 15
Vt Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 Vt Holdings Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects sales to be JPY 260,000 million, operating profit to be JPY 12,500 million, profit attributable to owners of parent to be JPY 6,600 million and basic earnings per share to be JPY 64.66. Announcement • Sep 28
Vt Holdings Co.,Ltd. to Report Q2, 2023 Results on Nov 14, 2022 Vt Holdings Co.,Ltd. announced that they will report Q2, 2023 results on Nov 14, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥11.50 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Buying Opportunity • Aug 16
Now 22% undervalued Over the last 90 days, the stock is up 7.5%. The fair value is estimated to be JP¥625, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 58%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to decline by 41% in the next 2 years. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: JP¥16.58 (vs JP¥58.52 in 1Q 2022) First quarter 2023 results: EPS: JP¥16.58 (down from JP¥58.52 in 1Q 2022). Revenue: JP¥62.3b (up 2.8% from 1Q 2022). Net income: JP¥1.92b (down 72% from 1Q 2022). Profit margin: 3.1% (down from 11% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.2%, compared to a 7.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jul 12
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥613, 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. Earnings per share has grown by 52%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings is forecast to decline by 15% per annum over the same time period. Announcement • Jun 29
Vt Holdings Co.,Ltd. to Report Q1, 2023 Results on Aug 12, 2022 Vt Holdings Co.,Ltd. announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 19
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥101 (up from JP¥40.61 in FY 2021). Revenue: JP¥237.9b (up 19% from FY 2021). Net income: JP¥11.7b (up 148% from FY 2021). Profit margin: 4.9% (up from 2.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 5.3%, compared to a 7.5% growth forecast for the retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% 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 13
Vt Holdings Co.,Ltd., Annual General Meeting, Jun 29, 2022 Vt Holdings Co.,Ltd., Annual General Meeting, Jun 29, 2022. Announcement • Apr 27
Vt Holdings Co.,Ltd. announced that it has received ¥10.08 million in funding On April 26, 2022, Vt Holdings Co.,Ltd. closed the transaction. 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. 8 highly experienced directors. No independent directors (8 non-independent directors). External Director Hisatake Yamada 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 09
Vt Holdings Co.,Ltd. announced that it expects to receive ¥10.08 million in funding Vt Holdings Co.,Ltd. announced a private placement of 60,000 units of stock acquisition rights at an issue price of ¥168 per right for proceeds of ¥10,080,000 on April 8, 2022. The stock acquisition rights shall further convert into 6,000,000 shares at an exercise price of ¥500. The securities shall be allocated on April 26, 2022. The transaction shall have an approximate issuance costs of ¥4,000,000. The company shall issue the securities using third party allocation method. The stock acquisition rights shall be exercised between April 27, 2022 to April 26, 2024. The transaction has been approved by the board of directors of the company. Announcement • Apr 08
Vt Holdings Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Vt Holdings Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 16
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥12.08 (up from JP¥10.17 in 3Q 2021). Revenue: JP¥56.5b (up 9.8% from 3Q 2021). Net income: JP¥1.40b (up 19% from 3Q 2021). Profit margin: 2.5% (up from 2.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 8.0%, compared to a 7.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Feb 15
Vt Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022 Vt Holdings Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company expects sales of JPY 232,000 million, operating profit of JPY 8,600 million, profit attributable to owners of parent of JPY 10,800 million and earnings per share of JPY 129.2.