Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥394, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 13x in the Retail Distributors industry in Japan. Total returns to shareholders of 72% over the past three years. Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥36.15 (vs JP¥7.34 loss in FY 2025) Full year 2026 results: EPS: JP¥36.15 (up from JP¥7.34 loss in FY 2025). Revenue: JP¥315.5b (up 17% from FY 2025). Net income: JP¥2.47b (up JP¥2.95b from FY 2025). Profit margin: 0.8% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • May 15
Optimus Group Company Limited, Annual General Meeting, Jun 23, 2026 Optimus Group Company Limited, Annual General Meeting, Jun 23, 2026. Announcement • May 10
Optimus Group Company Limited to Report Fiscal Year 2026 Results on May 15, 2026 Optimus Group Company Limited announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 15, 2026 Buy Or Sell Opportunity • Mar 25
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 39% to JP¥469. The fair value is estimated to be JP¥372, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 23
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 6.5% 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: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%). Buy Or Sell Opportunity • Mar 05
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to JP¥469. The fair value is estimated to be JP¥375, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥1.60 (vs JP¥0.29 loss in 3Q 2025) Third quarter 2026 results: EPS: JP¥1.60 (up from JP¥0.29 loss in 3Q 2025). Revenue: JP¥82.6b (up 22% from 3Q 2025). Net income: JP¥109.0m (up JP¥129.0m from 3Q 2025). Profit margin: 0.1% (up from 0% in 3Q 2025). 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. Declared Dividend • Dec 02
First half dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 5.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 30% per year over the past 8 years. However, payments have been volatile during that time. Reported Earnings • Nov 18
Second quarter 2026 earnings released: JP¥2.12 loss per share (vs JP¥17.04 loss in 2Q 2025) Second quarter 2026 results: JP¥2.12 loss per share (improved from JP¥17.04 loss in 2Q 2025). Revenue: JP¥70.2b (up 9.2% from 2Q 2025). Net loss: JP¥145.0m (loss narrowed 88% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Oct 17
Optimus Group Company Limited to Report Q2, 2026 Results on Nov 14, 2025 Optimus Group Company Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Oct 15
New major risk - Revenue and earnings growth Earnings have declined by 2.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 2.6% per year over the past 5 years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%). Reported Earnings • Aug 13
First quarter 2026 earnings released: JP¥1.71 loss per share (vs JP¥28.63 profit in 1Q 2025) First quarter 2026 results: JP¥1.71 loss per share (down from JP¥28.63 profit in 1Q 2025). Revenue: JP¥69.1b (down 2.5% from 1Q 2025). Net loss: JP¥117.0m (down 107% from profit in 1Q 2025). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Retail Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Declared Dividend • Jul 09
Final dividend of JP¥8.00 announced Shareholders will receive a dividend of JP¥8.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (54% 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 35% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 448% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 03
Optimus Group Company Limited to Report Q1, 2026 Results on Aug 12, 2025 Optimus Group Company Limited announced that they will report Q1, 2026 results on Aug 12, 2025 New Risk • May 20
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 339% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 339% Paying a dividend despite having no free cash flows. Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • May 15
Optimus Group Company Limited, Annual General Meeting, Jun 24, 2025 Optimus Group Company Limited, Annual General Meeting, Jun 24, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥304, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 10x in the Retail Distributors industry in Japan. Total returns to shareholders of 71% over the past three years. Announcement • Mar 27
Optimus Group Company Limited to Report Fiscal Year 2025 Results on May 15, 2025 Optimus Group Company Limited announced that they will report fiscal year 2025 results on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥381, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Retail Distributors industry in Japan. Total returns to shareholders of 91% over the past three years. Reported Earnings • Feb 16
Third quarter 2025 earnings released: JP¥0.29 loss per share (vs JP¥13.02 profit in 3Q 2024) Third quarter 2025 results: JP¥0.29 loss per share (down from JP¥13.02 profit in 3Q 2024). Revenue: JP¥67.9b (up 215% from 3Q 2024). Net loss: JP¥20.0m (down 103% from profit in 3Q 2024). Profit margin: 0% (down from 3.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Retail Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Jan 03
Optimus Group Company Limited to Report Q3, 2025 Results on Feb 14, 2025 Optimus Group Company Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Declared Dividend • Dec 03
First half dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (196% earnings payout ratio). However, it is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 41% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 118% to bring the payout ratio under control, which is more than the 5.3% EPS growth achieved over the last 5 years. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥413, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 10x in the Retail Distributors industry in Japan. Total returns to shareholders of 132% over the past three years. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%). Announcement • Aug 27
Optimus Group Company Limited to Report Q2, 2025 Results on Nov 14, 2024 Optimus Group Company Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥28.63 (vs JP¥10.92 in 1Q 2024) First quarter 2025 results: EPS: JP¥28.63 (up from JP¥10.92 in 1Q 2024). Revenue: JP¥70.9b (up 311% from 1Q 2024). Net income: JP¥1.68b (up 176% from 1Q 2024). Profit margin: 2.4% (down from 3.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Retail Distributors industry in Japan. 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 47% 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 28% After last week's 28% share price decline to JP¥410, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 14x in the Retail Distributors industry in Japan. Total returns to shareholders of 303% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥11.00 announced Shareholders will receive a dividend of JP¥11.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 8.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 49% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to decline by 56% over the next 2 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range. Announcement • Jun 26
Optimus Group Company Limited to Report Q1, 2025 Results on Aug 09, 2024 Optimus Group Company Limited announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jun 21
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 138% Cash payout ratio: 131% Dividend yield: 3.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 138% Cash payout ratio: 131% Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (19% increase in shares outstanding). New Risk • Jun 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Dividend is not well covered by cash flows (109% cash payout ratio). Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (19% increase in shares outstanding). Buy Or Sell Opportunity • Jun 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to JP¥622. The fair value is estimated to be JP¥789, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 110% in 2 years. Earnings are forecast to grow by 152% in the next 2 years. Buy Or Sell Opportunity • May 27
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 39% to JP¥608. The fair value is estimated to be JP¥823, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 110% in 2 years. Earnings are forecast to grow by 152% in the next 2 years. Announcement • May 26
Optimus Group Company Limited has filed a Follow-on Equity Offering. Optimus Group Company Limited has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 10,434,800 Reported Earnings • May 20
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥204 (up from JP¥42.70 in FY 2023). Revenue: JP¥123.9b (up 125% from FY 2023). Net income: JP¥2.85b (up 23% from FY 2023). Profit margin: 2.3% (down from 4.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Retail Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 17
Optimus Group Company Limited, Annual General Meeting, Jun 25, 2024 Optimus Group Company Limited, Annual General Meeting, Jun 25, 2024. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to JP¥731, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Retail Distributors industry in Japan. Total returns to shareholders of 933% over the past three years. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥1,092, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 1,371% over the past three years. Announcement • Mar 28
Optimus Group Company Limited to Report Fiscal Year 2024 Results on May 15, 2024 Optimus Group Company Limited announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.4%). Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: JP¥52.06 (vs JP¥58.90 in 3Q 2023) Third quarter 2024 results: EPS: JP¥52.06 (down from JP¥58.90 in 3Q 2023). Revenue: JP¥21.6b (up 63% from 3Q 2023). Net income: JP¥730.0m (down 11% from 3Q 2023). Profit margin: 3.4% (down from 6.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 129% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,565, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 1,345% over the past three years. Announcement • Dec 28
Optimus Group Company Limited to Report Q3, 2024 Results on Feb 14, 2024 Optimus Group Company Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥2,362, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 958% over the past three years. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,748, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 1,072% over the past three years. Reported Earnings • Nov 18
Second quarter 2024 earnings released: EPS: JP¥61.08 (vs JP¥25.54 in 2Q 2023) Second quarter 2024 results: EPS: JP¥61.08 (up from JP¥25.54 in 2Q 2023). Revenue: JP¥21.5b (up 97% from 2Q 2023). Net income: JP¥856.0m (up 153% from 2Q 2023). Profit margin: 4.0% (up from 3.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 107% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 15
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 9.1% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to JP¥2,198, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 886% over the past three years. Announcement • Oct 08
Optimus Group Company Limited to Report Q2, 2024 Results on Nov 14, 2023 Optimus Group Company Limited announced that they will report Q2, 2024 results on Nov 14, 2023 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,881, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 704% over the past three years. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥25.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.3%). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥43.67 (vs JP¥47.70 in 1Q 2023) First quarter 2024 results: EPS: JP¥43.67 (down from JP¥47.70 in 1Q 2023). Revenue: JP¥17.3b (up 3.7% from 1Q 2023). Net income: JP¥611.0m (down 1.0% from 1Q 2023). Profit margin: 3.5% (down from 3.7% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 10
Optimus Group Company Limited to Report Q1, 2024 Results on Aug 10, 2023 Optimus Group Company Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 5.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 16% and the cash payout ratio is 85%. Trailing yield: 5.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 17
Third quarter 2023 earnings released: EPS: JP¥58.90 (vs JP¥37.73 in 3Q 2022) Third quarter 2023 results: EPS: JP¥58.90 (up from JP¥37.73 in 3Q 2022). Revenue: JP¥13.3b (up 11% from 3Q 2022). Net income: JP¥824.0m (up 69% from 3Q 2022). Profit margin: 6.2% (up from 4.1% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 42% per year. Announcement • Dec 28
Optimus Group Company Limited to Report Q3, 2023 Results on Feb 14, 2023 Optimus Group Company Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥25.54 (vs JP¥40.89 in 2Q 2022) Second quarter 2023 results: EPS: JP¥25.54 (down from JP¥40.89 in 2Q 2022). Revenue: JP¥10.9b (down 3.3% from 2Q 2022). Net income: JP¥338.0m (down 37% from 2Q 2022). Profit margin: 3.1% (down from 4.7% in 2Q 2022). The decrease in margin was driven by lower revenue. 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 36% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Non-Executive Director Nobuo Nagasaki 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. Lack of board continuity. Announcement • Sep 28
Optimus Group Company Limited to Report Q2, 2023 Results on Nov 14, 2022 Optimus Group Company Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 15
First quarter 2023 earnings released: EPS: JP¥47.70 (vs JP¥71.25 in 1Q 2022) First quarter 2023 results: EPS: JP¥47.70 (down from JP¥71.25 in 1Q 2022). Revenue: JP¥16.7b (up 49% from 1Q 2022). Net income: JP¥617.0m (down 35% from 1Q 2022). Profit margin: 3.7% (down from 8.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 21% share price gain to JP¥1,229, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 10x in the Retail Distributors industry in Japan. Total returns to shareholders of 414% over the past three years. Announcement • Jun 29
Optimus Group Company Limited to Report Q1, 2023 Results on Aug 12, 2022 Optimus Group Company Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥584 (vs JP¥72.01 in FY 2021) Full year 2022 results: EPS: JP¥584 (up from JP¥72.01 in FY 2021). Revenue: JP¥45.5b (up 83% from FY 2021). Net income: JP¥2.54b (up 167% from FY 2021). Profit margin: 5.6% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Optimus Group Company Limited, Annual General Meeting, Jun 23, 2022 Optimus Group Company Limited, Annual General Meeting, Jun 23, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥961, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 168% over the past three years. Announcement • Apr 08
Optimus Group Company Limited to Report Fiscal Year 2022 Results on May 13, 2022 Optimus Group Company Limited announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥2,695, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 145% over the past three years. Reported Earnings • Feb 20
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥113 (up from JP¥66.19 in 3Q 2021). Revenue: JP¥12.0b (up 67% from 3Q 2021). Net income: JP¥488.0m (up 67% from 3Q 2021). Profit margin: 4.1% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥2,794, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 10x in the Retail Distributors industry in Japan. Total returns to shareholders of 135% over the past three years. Announcement • Feb 04
Optimus Group Company Limited to Report Q3, 2022 Results on Feb 14, 2022 Optimus Group Company Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Nov 17
Second quarter 2022 earnings released: EPS JP¥123 (vs JP¥8.61 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥11.3b (up 96% from 2Q 2021). Net income: JP¥537.0m (up JP¥499.0m from 2Q 2021). Profit margin: 4.7% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 26% per year. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥2,507, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 11x in the Retail Distributors industry in Japan. Total returns to shareholders of 132% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (2.0%). Announcement • Aug 28
Optimus Group Company Limited (TSE:9268) announces an Equity Buyback for 107,000 shares, representing 2.43% for ¥254.66 million. Optimus Group Company Limited (TSE:9268) announces a share repurchase program. Under the program, the company will repurchase up to 107,000 shares, representing 2.43% of its share capital, at ¥2,380 per share for ¥254.66 million. The company will repurchase its shares in order to improve capital efficiency, and enable the implementation of a flexible capital policy in response to changes in the business environment. The program is valid till August 27, 2021. As of August 26, 2021, the company had 4,411,489 shares outstanding (excluding treasury shares) and 941,556 shares in treasury. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥1,732, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 9x in the Retail Distributors industry in Japan. Total loss to shareholders of 8.1% over the past three years. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,140, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total loss to shareholders of 41% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥1,069, the stock trades at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 9.4x. Average P/E is 13x in the Retail Distributors industry in Japan. Total return to shareholders over the past three years was a loss of 38%. Is New 90 Day High Low • Feb 25
New 90-day high: JP¥916 The company is up 12% from its price of JP¥821 on 27 November 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 3.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥66.19 (vs JP¥82.78 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥7.21b (up 10% from 3Q 2020). Net income: JP¥292.0m (down 20% from 3Q 2020). Profit margin: 4.1% (down from 5.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 04
New 90-day high: JP¥853 The company is up 7.0% from its price of JP¥795 on 06 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Retail Distributors industry, which is down 1.0% over the same period.