Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥3,650, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 109% over the past three years. Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥127 (vs JP¥131 in FY 2025) Full year 2026 results: EPS: JP¥127 (down from JP¥131 in FY 2025). Revenue: JP¥436.7b (up 8.3% from FY 2025). Net income: JP¥3.28b (down 3.7% from FY 2025). Profit margin: 0.8% (in line with FY 2025). 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 14% per year, which means it is well ahead of earnings. Announcement • May 09
Joshin Corporation to Report Fiscal Year 2026 Results on May 08, 2026 Joshin Corporation announced that they will report fiscal year 2026 results on May 08, 2026 Announcement • May 08
Joshin Corporation, Annual General Meeting, Jun 26, 2026 Joshin Corporation, Annual General Meeting, Jun 26, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%). Announcement • Feb 06
Joshin Denki Co., Ltd. (TSE:8173) completed the acquisition of DO Reform Co., Ltd from &Do Holdings Co.,Ltd. (TSE:3457). Joshin Denki Co., Ltd. (TSE:8173) agreed to acquire DO Reform Co., Ltd from &Do Holdings Co.,Ltd. (TSE:3457) for ¥1.5 billion on December 23, 2025.
The expected completion of the transaction is February 5, 2026.
Joshin Denki Co., Ltd. (TSE:8173) completed the acquisition of DO Reform Co., Ltd from &Do Holdings Co.,Ltd. (TSE:3457) on February 5, 2026. On completion, DO Reform Co., Ltd will change the Trade Name to Joshin Reform Kinki Co., Ltd. The Company also notifies that DO Reform’s extraordinary general shareholders meeting resolved on the change of the company’s trade name and the appointment of its leadership team. Tatsuya Hattori, Kazuki Maekawa, Nobuhiro Eriguchi, Katsutoshi Takagi, Seiji Matsuura will be the Representative Director and Mitsuru Furusawa will be the Company Auditor of the new company. Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥35.05 (vs JP¥7.63 in 3Q 2025) Third quarter 2026 results: EPS: JP¥35.05 (up from JP¥7.63 in 3Q 2025). Revenue: JP¥114.6b (up 11% from 3Q 2025). Net income: JP¥907.0m (up 358% from 3Q 2025). Profit margin: 0.8% (up from 0.2% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Declared Dividend • Dec 30
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio). However, it is well covered by cash flows (28% cash payout ratio). The dividend has increased by an average of 12% 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. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. However, EPS has declined by 10% over the last 5 years so the company would need to reverse this trend. Announcement • Nov 26
Joshin Denki Co., Ltd. to Report Q3, 2026 Results on Feb 03, 2026 Joshin Denki Co., Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026 Announcement • Sep 16
Joshin Denki Co., Ltd. Announces Change in Dividend Policy; Revises Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2026 and Full Year Ending March 31, 2026 Joshin Denki Co., Ltd. at its Board of Directors' meeting held September 16, 2025, the board resolved change its dividend policy to pay interim dividends and revise accordingly the dividend forecast for the fiscal year ending March 31, 2026, as follows. The company recognize that enhancing shareholder returns while increasing revenues and strengthening the management foundation is an important management task. Basic approach to dividends is to
continue paying stable dividends, while considering business results and maintaining a good balance between dividend payments and retained earnings. Up until now, basic policy has been to distribute dividends from surplus once a year as year-end dividends. To create more opportunities for returning profits to shareholders, we have decided to pay dividends twice a year as interim and year-end dividends, starting from the fiscal year ending March 31, 2026. The Articles of Incorporation stipulate that we may pay interim dividends with a record date of September 30 each year, as determined by a resolution of the Board of Directors.
According company has revised dividend for the second quarter of fiscal year ending March 31, 2026 to ¥50.00 per share against previous forecast of ¥0.00 per share.
According company has revised dividend for the year end of fiscal year ending March 31, 2026 to ¥50.00 per share against previous forecast of ¥100.00 per share. Announcement • Aug 26
Joshin Denki Co., Ltd. to Report Q2, 2026 Results on Nov 04, 2025 Joshin Denki Co., Ltd. announced that they will report Q2, 2026 results on Nov 04, 2025 Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥19.46 (vs JP¥17.94 in 1Q 2025) First quarter 2026 results: EPS: JP¥19.46 (up from JP¥17.94 in 1Q 2025). Revenue: JP¥99.7b (up 11% from 1Q 2025). Net income: JP¥503.0m (up 7.5% from 1Q 2025). Profit margin: 0.5% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jun 13
Joshin Denki Co., Ltd. to Report Q1, 2026 Results on Aug 05, 2025 Joshin Denki Co., Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025 Reported Earnings • May 10
Full year 2025 earnings released: EPS: JP¥131 (vs JP¥186 in FY 2024) Full year 2025 results: EPS: JP¥131 (down from JP¥186 in FY 2024). Revenue: JP¥403.3b (flat on FY 2024). Net income: JP¥3.41b (down 30% from FY 2024). Profit margin: 0.8% (down from 1.2% in FY 2024). 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 6% per year, which means it is well ahead of earnings. Announcement • May 09
Joshin Denki Co., Ltd., Annual General Meeting, Jun 24, 2025 Joshin Denki Co., Ltd., Annual General Meeting, Jun 24, 2025. Announcement • Mar 25
Joshin Denki Co., Ltd. (TSE:8173) announces an Equity Buyback for 100,000 shares, representing 0.38% for ¥226.6 million. Joshin Denki Co., Ltd. (TSE:8173) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 0.38% of its issued share capital (excluding treasury stock), for a total purchase price of ¥226.6 million. The shares will be repurchased at a price of ¥2,266 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of February 28, 2025, the company has 26,646,239 issued shares (excluding treasury stock) and 1,353,761 treasury shares. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥100.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Announcement • Mar 12
Joshin Denki Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Joshin Denki Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: JP¥7.63 (vs JP¥38.66 in 3Q 2024) Third quarter 2025 results: EPS: JP¥7.63 (down from JP¥38.66 in 3Q 2024). Revenue: JP¥103.0b (down 6.2% from 3Q 2024). Net income: JP¥198.0m (down 81% from 3Q 2024). Profit margin: 0.2% (down from 0.9% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Nov 29
Joshin Denki Co., Ltd. to Report Q3, 2025 Results on Feb 04, 2025 Joshin Denki Co., Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥66.47 (vs JP¥94.25 in 2Q 2024) Second quarter 2025 results: EPS: JP¥66.47 (down from JP¥94.25 in 2Q 2024). Revenue: JP¥101.8b (down 5.0% from 2Q 2024). Net income: JP¥1.73b (down 31% from 2Q 2024). Profit margin: 1.7% (down from 2.3% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Declared Dividend • Nov 07
Dividend of JP¥100.00 announced Shareholders will receive a dividend of JP¥100.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (50% 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 12% 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. The company's earnings per share (EPS) would need to decline by 45% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.6% EPS decline seen over the last 5 years. Announcement • Sep 13
Joshin Denki Co., Ltd. to Report Q2, 2025 Results on Nov 05, 2024 Joshin Denki Co., Ltd. announced that they will report Q2, 2025 results on Nov 05, 2024 Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥17.94 (vs JP¥23.47 in 1Q 2024) First quarter 2025 results: EPS: JP¥17.94 (down from JP¥23.47 in 1Q 2024). Revenue: JP¥90.2b (flat on 1Q 2024). Net income: JP¥468.0m (down 25% from 1Q 2024). Profit margin: 0.5% (down from 0.7% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Aug 07
Joshin Denki Co., Ltd. (TSE:8173) announces an Equity Buyback for 150,000 shares, for ¥388.2 million. Joshin Denki Co., Ltd. (TSE:8173) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 0.56% of its issued share capital (excluding treasury stock), for a total purchase price of ¥388.20 million. The shares will be repurchased at a price of ¥2,588 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of June 30, 2024, the company has 26,796,382 issued shares (excluding treasury stock) and 1,203,618 treasury shares. Announcement • Jun 22
Joshin Denki Co., Ltd. to Report Q1, 2025 Results on Aug 06, 2024 Joshin Denki Co., Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024 Reported Earnings • May 08
Full year 2024 earnings released: EPS: JP¥186 (vs JP¥187 in FY 2023) Full year 2024 results: EPS: JP¥186 (down from JP¥187 in FY 2023). Revenue: JP¥403.7b (down 1.2% from FY 2023). Net income: JP¥4.89b (down 1.6% from FY 2023). Profit margin: 1.2% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 24% 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 • May 08
Joshin Denki Co., Ltd., Annual General Meeting, Jun 25, 2024 Joshin Denki Co., Ltd., Annual General Meeting, Jun 25, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 40% and the cash payout ratio is 91%. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Announcement • Mar 14
Joshin Denki Co., Ltd. to Report Fiscal Year 2024 Results on May 07, 2024 Joshin Denki Co., Ltd. announced that they will report fiscal year 2024 results on May 07, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥38.65 (vs JP¥42.77 in 3Q 2023) Third quarter 2024 results: EPS: JP¥38.65 (down from JP¥42.77 in 3Q 2023). Revenue: JP¥109.8b (up 1.9% from 3Q 2023). Net income: JP¥1.02b (down 10% from 3Q 2023). Profit margin: 0.9% (down from 1.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Dec 20
Joshin Denki Co., Ltd. (TSE:8173) announces an Equity Buyback for 325,000 shares, representing 1.22% for ¥765.38 million. Joshin Denki Co., Ltd. (TSE:8173) announces a share repurchase program. Under the program, the company will repurchase up to 325,000 shares, representing 1.22% of its issued share capital (excluding treasury stock), for a total purchase price of ¥765.38 million. The shares will be repurchased at a price of ¥2,355 per share. The purpose of the program is to improve capital efficiency and to enable the flexible execution of capital policies in line with changes in the business
environment. As of November 30, 2023, the company has 26,671,551 issued shares (excluding treasury stock) and 1,328,449 treasury shares. Announcement • Nov 28
Joshin Denki Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024 Joshin Denki Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥94.25 (vs JP¥74.34 in 2Q 2023) Second quarter 2024 results: EPS: JP¥94.25 (up from JP¥74.34 in 2Q 2023). Revenue: JP¥107.1b (up 3.7% from 2Q 2023). Net income: JP¥2.49b (up 25% from 2Q 2023). Profit margin: 2.3% (up from 1.9% in 2Q 2023). The increase in margin was driven by higher revenue. 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 5% per year, which means it has not declined as severely as earnings. Board Change • Oct 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yamauchi Junko Kawano was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 30
Joshin Denki Co., Ltd. to Report Q2, 2024 Results on Nov 07, 2023 Joshin Denki Co., Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥23.47 (vs JP¥37.95 in 1Q 2023) First quarter 2024 results: EPS: JP¥23.47 (down from JP¥37.95 in 1Q 2023). Revenue: JP¥90.4b (down 4.5% from 1Q 2023). Net income: JP¥620.0m (down 39% from 1Q 2023). Profit margin: 0.7% (down from 1.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Jun 11
Joshin Denki Co., Ltd. to Report Q1, 2024 Results on Aug 04, 2023 Joshin Denki Co., Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 11
Full year 2023 earnings released: EPS: JP¥187 (vs JP¥239 in FY 2022) Full year 2023 results: EPS: JP¥187 (down from JP¥239 in FY 2022). Revenue: JP¥408.5b (flat on FY 2022). Net income: JP¥4.97b (down 22% from FY 2022). Profit margin: 1.2% (down from 1.6% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • May 09
Joshin Denki Co., Ltd., Annual General Meeting, Jun 27, 2023 Joshin Denki Co., Ltd., Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥75.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥42.77 (vs JP¥45.79 in 3Q 2022) Third quarter 2023 results: EPS: JP¥42.77 (down from JP¥45.79 in 3Q 2022). Revenue: JP¥107.7b (up 1.4% from 3Q 2022). Net income: JP¥1.14b (down 7.4% from 3Q 2022). Profit margin: 1.1% (down from 1.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. Announcement • Feb 03
Joshin Denki Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 Joshin Denki Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 420,000 million, operating income of JPY 10,000 million, net income of JPY 7,000 million or JPY 262.92 per share. Announcement • Dec 20
Joshin Denki Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023 Joshin Denki Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023 Announcement • Nov 07
Joshin Denki Co., Ltd. (TSE:8173) announces an Equity Buyback for 350,000 shares, for ¥665 million. Joshin Denki Co., Ltd. (TSE:8173) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 1.30% of its issued share capital (excluding treasury stock), for a total purchase price of ¥665 million. The shares will be repurchased at a price of ¥1,900 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of September 30, 2022, the company has 26,821,602 issued shares (excluding treasury stock) and 1,178,398 treasury shares. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥74.34 (vs JP¥78.13 in 2Q 2022) Second quarter 2023 results: EPS: JP¥74.34 (down from JP¥78.13 in 2Q 2022). Revenue: JP¥103.3b (flat on 2Q 2022). Net income: JP¥1.99b (down 4.8% from 2Q 2022). Profit margin: 1.9% (down from 2.0% in 2Q 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Sep 04
Joshin Denki Co., Ltd. to Report Q2, 2023 Results on Nov 04, 2022 Joshin Denki Co., Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥37.95 (vs JP¥73.74 in 1Q 2022) First quarter 2023 results: EPS: JP¥37.95 (down from JP¥73.74 in 1Q 2022). Revenue: JP¥94.6b (down 2.9% from 1Q 2022). Net income: JP¥1.02b (down 49% from 1Q 2022). Profit margin: 1.1% (down from 2.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Announcement • Jun 10
Joshin Denki Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Joshin Denki Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥239 (vs JP¥332 in FY 2021) Full year 2022 results: EPS: JP¥239 (down from JP¥332 in FY 2021). Revenue: JP¥409.5b (down 8.8% from FY 2021). Net income: JP¥6.39b (down 28% from FY 2021). Profit margin: 1.6% (down from 2.0% in FY 2021). 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 fallen by 6% per year, which means it is significantly lagging earnings. Announcement • May 06
Joshin Denki Co., Ltd., Annual General Meeting, Jun 24, 2022 Joshin Denki Co., Ltd., Annual General Meeting, Jun 24, 2022. Announcement • Apr 08
Joshin Denki Co., Ltd. to Report Fiscal Year 2022 Results on May 06, 2022 Joshin Denki Co., Ltd. announced that they will report fiscal year 2022 results on May 06, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥45.79 (down from JP¥136 in 3Q 2021). Revenue: JP¥106.2b (down 6.9% from 3Q 2021). Net income: JP¥1.23b (down 66% from 3Q 2021). Profit margin: 1.2% (down from 3.2% 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 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 04
Second quarter 2022 earnings released: EPS JP¥78.13 (vs JP¥100 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥103.4b (down 14% from 2Q 2021). Net income: JP¥2.09b (down 22% from 2Q 2021). Profit margin: 2.0% (down from 2.2% 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 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 04
First quarter 2022 earnings released: EPS JP¥73.74 (vs JP¥58.90 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥97.4b (down 9.1% from 1Q 2021). Net income: JP¥1.97b (up 25% from 1Q 2021). Profit margin: 2.0% (up from 1.5% in 1Q 2021). The increase in margin was driven by lower expenses. 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 7% per year, which means it is significantly lagging earnings. Reported Earnings • May 10
Full year 2021 earnings released: EPS JP¥332 (vs JP¥203 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥449.1b (up 8.1% from FY 2020). Net income: JP¥8.87b (up 64% from FY 2020). Profit margin: 2.0% (up from 1.3% in FY 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 2.2%. 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 08
New 90-day high: JP¥3,120 The company is up 19% from its price of JP¥2,613 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥136 (vs JP¥24.42 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥114.1b (up 14% from 3Q 2020). Net income: JP¥3.64b (up 458% from 3Q 2020). Profit margin: 3.2% (up from 0.7% 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 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Feb 05
Joshin Denki Co., Ltd. Revises Earnings Guidance for the Full Year Ending March 31, 2021 Joshin Denki Co., Ltd. revised earnings guidance for the full year ending March 31, 2021. The company now expects to report net sales of JPY 435,000 million, operating income of JPY 14,000 million, and net income attributable to owners of the parent company of JPY 8,000 million or JPY 298.99 per share compared to previous forecast of net sales of JPY 420,000 million, operating income of JPY 9,500 million, and net income attributable to owners of the parent company of JPY 5,000 million or JPY 186.87 per share. Is New 90 Day High Low • Jan 08
New 90-day high: JP¥2,871 The company is up 14% from its price of JP¥2,514 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 11% over the same period. Announcement • Jan 03
Joshin Denki Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021 Joshin Denki Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Dec 01
New 90-day high: JP¥2,791 The company is up 19% from its price of JP¥2,349 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 14% over the same period. Announcement • Sep 08
Welcia Yakkyoku Co., Ltd. entered into an contract to acquire Six Drug Stores of Joshin Denki Co., Ltd. (TSE:8173). Welcia Yakkyoku Co., Ltd. entered into an contract to acquire Six Drug Stores of Joshin Denki Co., Ltd. (TSE:8173) on September 7, 2020. Transaction is expected to complete on November 2, 2020. There will be no impact on the earnings of Welcia Holdings Co., Ltd. (TSE : 3141). Announcement • Sep 06
Joshin Denki Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020 Joshin Denki Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020 Announcement • Jul 18
Joshin Denki Co., Ltd. to Report Q1, 2021 Results on Aug 07, 2020 Joshin Denki Co., Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020