Reported Earnings • May 20
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: EPS: JP¥207 (up from JP¥192 in FY 2025). Revenue: JP¥188.7b (up 14% from FY 2025). Net income: JP¥2.54b (up 7.9% from FY 2025). Profit margin: 1.3% (down from 1.4% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to stay flat during the next 2 years compared to a 4.1% growth forecast for the Retail Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year. Announcement • May 15
GSI Creos Corporation, Annual General Meeting, Jun 24, 2026 GSI Creos Corporation, Annual General Meeting, Jun 24, 2026. Announcement • May 10
GSI Creos Corporation to Report Fiscal Year 2026 Results on May 15, 2026 GSI Creos Corporation announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥102 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%). Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥59.02 (vs JP¥43.59 in 3Q 2025) Third quarter 2026 results: EPS: JP¥59.02 (up from JP¥43.59 in 3Q 2025). Revenue: JP¥46.3b (up 17% from 3Q 2025). Net income: JP¥725.0m (up 36% from 3Q 2025). Profit margin: 1.6% (up from 1.3% in 3Q 2025). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Retail Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Announcement • Feb 09
GSI Creos Corporation (TSE:8101) announces an Equity Buyback for 300,000 shares, representing 2.44% for ¥700 million. GSI Creos Corporation (TSE:8101) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 2.45% of its share capital for ¥700 million. The purpose of the program is to implement flexible capital policy. The program is valid till October 31, 2026. As of December 31, 2025, the company had 12,281,601 shares outstanding (excluding treasury shares) and 348,341 shares in treasury. Announcement • Dec 04
GSI Creos Corporation to Report Q3, 2026 Results on Feb 09, 2026 GSI Creos Corporation announced that they will report Q3, 2026 results on Feb 09, 2026 Declared Dividend • Nov 12
Dividend of JP¥100.00 announced Shareholders will receive a dividend of JP¥100.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 26% 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 9.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 02
GSI Creos Corporation to Report Q2, 2026 Results on Nov 10, 2025 GSI Creos Corporation announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: JP¥71.46 (vs JP¥52.82 in 1Q 2025) First quarter 2026 results: EPS: JP¥71.46 (up from JP¥52.82 in 1Q 2025). Revenue: JP¥37.8b (up 16% from 1Q 2025). Net income: JP¥877.0m (up 35% from 1Q 2025). Profit margin: 2.3% (up from 2.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. Announcement • Jun 11
GSI Creos Corporation to Report Q1, 2026 Results on Aug 12, 2025 GSI Creos Corporation announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥192 (vs JP¥165 in FY 2024) Full year 2025 results: EPS: JP¥192 (up from JP¥165 in FY 2024). Revenue: JP¥165.5b (up 13% from FY 2024). Net income: JP¥2.36b (up 17% from FY 2024). Profit margin: 1.4% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
GSI Creos Corporation, Annual General Meeting, Jun 26, 2025 GSI Creos Corporation, Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥90.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%). Announcement • Mar 04
GSI Creos Corporation to Report Fiscal Year 2025 Results on May 15, 2025 GSI Creos Corporation announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥43.59 (vs JP¥28.04 in 3Q 2024) Third quarter 2025 results: EPS: JP¥43.59 (up from JP¥28.04 in 3Q 2024). Revenue: JP¥39.6b (flat on 3Q 2024). Net income: JP¥535.0m (up 56% from 3Q 2024). Profit margin: 1.3% (up from 0.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 04
GSI Creos Corporation to Report Q3, 2025 Results on Feb 06, 2025 GSI Creos Corporation announced that they will report Q3, 2025 results on Feb 06, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥47.99 (vs JP¥45.57 in 2Q 2024) Second quarter 2025 results: EPS: JP¥47.99 (up from JP¥45.57 in 2Q 2024). Revenue: JP¥47.1b (up 24% from 2Q 2024). Net income: JP¥589.0m (up 5.4% from 2Q 2024). Profit margin: 1.3% (down from 1.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Nov 09
Dividend of JP¥90.00 announced Shareholders will receive a dividend of JP¥90.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (dividend approximately 32x free cash flows). The dividend has increased by an average of 25% 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 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Announcement • Aug 30
GSI Creos Corporation to Report Q2, 2025 Results on Nov 07, 2024 GSI Creos Corporation announced that they will report Q2, 2025 results on Nov 07, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥52.82 (vs JP¥60.19 in 1Q 2024) First quarter 2025 results: EPS: JP¥52.82 (down from JP¥60.19 in 1Q 2024). Revenue: JP¥32.5b (down 1.4% from 1Q 2024). Net income: JP¥648.0m (down 12% from 1Q 2024). Profit margin: 2.0% (down from 2.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,737, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 10x in the Retail Distributors industry in Japan. Total returns to shareholders of 97% over the past three years. Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥165 (vs JP¥144 in FY 2023) Full year 2024 results: EPS: JP¥165 (up from JP¥144 in FY 2023). Revenue: JP¥146.2b (up 12% from FY 2023). Net income: JP¥2.02b (up 14% from FY 2023). Profit margin: 1.4% (up from 1.3% 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 5% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 17
GSI Creos Corporation, Annual General Meeting, Jun 26, 2024 GSI Creos Corporation, Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥82.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.4%). Announcement • Mar 16
GSI Creos Corporation to Report Fiscal Year 2024 Results on May 15, 2024 GSI Creos Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥28.04 (vs JP¥33.19 in 3Q 2023) Third quarter 2024 results: EPS: JP¥28.04 (down from JP¥33.19 in 3Q 2023). Revenue: JP¥40.0b (down 3.3% from 3Q 2023). Net income: JP¥344.0m (down 16% from 3Q 2023). Profit margin: 0.9% (down from 1.0% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 02
GSI Creos Corporation Provides Consolidated Earnings Guidance Year March 31, 2024 GSI Creos Corporation provided consolidated earnings guidance year March 31, 2024. For the fiscal period ending March 31, 2024, the company expected Operating revenues of JPY 147,000 million, Operating income of JPY 2,800 million, profit attributable to owners of parent of JPY 2,000 million and net income per unit of JPY 163.06. Announcement • Dec 07
GSI Creos Corporation to Report Q3, 2024 Results on Feb 02, 2024 GSI Creos Corporation announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: JP¥45.57 (vs JP¥28.63 in 2Q 2023) Second quarter 2024 results: EPS: JP¥45.57 (up from JP¥28.63 in 2Q 2023). Revenue: JP¥37.9b (up 6.9% from 2Q 2023). Net income: JP¥559.0m (up 59% from 2Q 2023). Profit margin: 1.5% (up from 1.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,000, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 152% over the past three years. Announcement • Aug 30
GSI Creos Corporation to Report Q2, 2024 Results on Nov 02, 2023 GSI Creos Corporation announced that they will report Q2, 2024 results on Nov 02, 2023 Reported Earnings • Aug 07
First quarter 2024 earnings released: EPS: JP¥60.19 (vs JP¥45.53 in 1Q 2023) First quarter 2024 results: EPS: JP¥60.19 (up from JP¥45.53 in 1Q 2023). Revenue: JP¥33.0b (up 31% from 1Q 2023). Net income: JP¥738.0m (up 32% from 1Q 2023). Profit margin: 2.2% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 05
GSI Creos Corporation (TSE:8101) acquired EC business of CODE SHARE Inc. GSI Creos Corporation (TSE:8101) acquired EC business of CODE SHARE Inc. on April 1, 2023.GSI Creos Corporation (TSE:8101) completed the acquisition of EC business of CODE SHARE Inc. on April 1, 2023. Announcement • Jun 09
GSI Creos Corporation to Report Q1, 2024 Results on Aug 04, 2023 GSI Creos Corporation announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥144 (vs JP¥133 in FY 2022) Full year 2023 results: EPS: JP¥144 (up from JP¥133 in FY 2022). Revenue: JP¥131.1b (up 17% from FY 2022). Net income: JP¥1.77b (up 8.0% from FY 2022). Profit margin: 1.3% (down from 1.5% in FY 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥1,915, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 360% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥70.00 per share at 4.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥33.19 (vs JP¥31.05 in 3Q 2022) Third quarter 2023 results: EPS: JP¥33.19 (up from JP¥31.05 in 3Q 2022). Revenue: JP¥41.3b (up 37% from 3Q 2022). Net income: JP¥407.0m (up 6.8% from 3Q 2022). Profit margin: 1.0% (down from 1.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 22
GSI Creos Corporation to Report Q3, 2023 Results on Feb 03, 2023 GSI Creos Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Outside Director Yoshie Kato was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥28.63 (vs JP¥36.60 in 2Q 2022) Second quarter 2023 results: EPS: JP¥28.63 (down from JP¥36.60 in 2Q 2022). Revenue: JP¥35.4b (up 26% from 2Q 2022). Net income: JP¥351.0m (down 22% from 2Q 2022). Profit margin: 1.0% (down from 1.6% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 09
GSI Creos Corporation to Report Q2, 2023 Results on Nov 04, 2022 GSI Creos Corporation announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥45.53 (vs JP¥38.89 in 1Q 2022) First quarter 2023 results: EPS: JP¥45.53 (up from JP¥38.89 in 1Q 2022). Revenue: JP¥25.1b (up 2.7% from 1Q 2022). Net income: JP¥558.0m (up 15% from 1Q 2022). Profit margin: 2.2% (up from 2.0% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 15
GSI Creos Corporation to Report Q1, 2023 Results on Aug 05, 2022 GSI Creos Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥133 (vs JP¥162 in FY 2021) Full year 2022 results: EPS: JP¥133 (down from JP¥162 in FY 2021). Revenue: JP¥111.8b (down 3.9% from FY 2021). Net income: JP¥1.64b (down 19% from FY 2021). Profit margin: 1.5% (down from 1.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Outside Director Yoshie Kato was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
GSI Creos Corporation to Report Q4, 2022 Results on May 13, 2022 GSI Creos Corporation announced that they will report Q4, 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥62.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.4%). Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥31.05 (down from JP¥48.92 in 3Q 2021). Revenue: JP¥30.1b (down 5.4% from 3Q 2021). Net income: JP¥381.0m (down 38% from 3Q 2021). Profit margin: 1.3% (down from 1.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 24% per year. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,056, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 57% over the past three years. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS JP¥36.60 (vs JP¥48.76 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥28.1b (down 5.4% from 2Q 2021). Net income: JP¥450.0m (down 26% from 2Q 2021). Profit margin: 1.6% (down from 2.1% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 05
First quarter 2022 earnings released: EPS JP¥38.89 (vs JP¥45.13 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥24.4b (down 6.7% from 1Q 2021). Net income: JP¥485.0m (down 14% from 1Q 2021). Profit margin: 2.0% (down from 2.2% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥927, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 35% over the past three years. Announcement • Jun 30
Tanaka Paper Tube Co., Ltd. agreed to acquire a 85% stake in Daisan Shika Kogyo K.K. from GSI Creos Corporation (TSE:8101). Tanaka Paper Tube Co., Ltd. agreed to acquire a 85% stake in Daisan Shika Kogyo K.K. from GSI Creos Corporation (TSE:8101) on June 26, 2021. The transaction is expected to close on July 1, 2021. In the individual settlement of accounts for the fiscal year ending March 2022, GSI Creos Corporation expect to record a gain of ¥539 million on the sale of shares of affiliated companies as extraordinary income. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥323 (vs JP¥79.86 in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥116.4b (flat on FY 2020). Net income: JP¥2.03b (up 101% from FY 2020). Profit margin: 1.7% (up from 0.9% in FY 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • May 15
GSI Creos Corporation (TSE:8101) announces an Equity Buyback for 300,000 shares, representing 2.39% for ¥500 million. GSI Creos Corporation (TSE:8101) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 2.39% of its share capital for ¥500 million. The purpose of the program is to acquire and cancel treasury stock in order to improve capital efficiency and further return profits to shareholders. The program is valid till August 31, 2021. As of April 30, 2021, the company had 12,546,986 shares outstanding (excluding treasury shares) and 382,956 shares in treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%). Is New 90 Day High Low • Mar 12
New 90-day high: JP¥2,793 The company is up 62% from its price of JP¥1,722 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 1.0% over the same period. Announcement • Mar 07
GSI Creos Corporation to Report Fiscal Year 2021 Results on May 14, 2021 GSI Creos Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 30% share price gain to JP¥2,512, the stock is trading at a trailing P/E ratio of 8x, up from the previous P/E ratio of 6.2x. This compares to an average P/E of 14x in the Retail Distributors industry in Japan. Total returns to shareholders over the past three years are 52%. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥97.79 (vs JP¥39.37 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥31.8b (up 3.2% from 3Q 2020). Net income: JP¥613.0m (up 146% from 3Q 2020). Profit margin: 1.9% (up from 0.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Dec 03
New 90-day low: JP¥1,724 The company is down 7.0% from its price of JP¥1,862 on 04 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 Retail Distributors industry, which is up 2.0% over the same period. Announcement • Sep 04
GSI Creos Corporation to Report Q2, 2021 Results on Nov 02, 2020 GSI Creos Corporation announced that they will report Q2, 2021 results on Nov 02, 2020 
