Declared Dividend • Jun 12
Final dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 28th August 2026 Payment date: 20th October 2026 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (180% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 26
Arclands Corporation to Report Q1, 2027 Results on Jul 14, 2026 Arclands Corporation announced that they will report Q1, 2027 results on Jul 14, 2026 Reported Earnings • Apr 15
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: JP¥129 (down from JP¥163 in FY 2025). Revenue: JP¥357.2b (up 7.9% from FY 2025). Net income: JP¥8.09b (down 20% from FY 2025). Profit margin: 2.3% (down from 3.1% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Specialty Retail industry in Japan are expected to grow by 8.2%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Apr 14
Arclands Corporation, Annual General Meeting, May 28, 2026 Arclands Corporation, Annual General Meeting, May 28, 2026. Announcement • Apr 07
Arclands Corporation to Report Fiscal Year 2026 Results on Apr 14, 2026 Arclands Corporation announced that they will report fiscal year 2026 results on Apr 14, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.4%). Buy Or Sell Opportunity • Jan 23
Now 20% undervalued Over the last 90 days, the stock has risen 5.3% to JP¥1,904. The fair value is estimated to be JP¥2,382, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 20%. Revenue is forecast to decline by 0.06% in 2 years. Earnings are forecast to grow by 62% in the next 2 years. Reported Earnings • Jan 07
Third quarter 2026 earnings released: EPS: JP¥22.21 (vs JP¥55.62 in 3Q 2025) Third quarter 2026 results: EPS: JP¥22.21 (down from JP¥55.62 in 3Q 2025). Revenue: JP¥89.5b (up 8.4% from 3Q 2025). Net income: JP¥1.39b (down 60% from 3Q 2025). Profit margin: 1.6% (down from 4.2% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jan 06
Arclands Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2026 Arclands Corporation revised consolidated earnings guidance for the fiscal year ending February 28, 2026. For the year, the company expects net sales of JPY 342,500 million, operating profit of JPY 14,500 million, profit attributable to owners of parent of JPY 8,000 million, basic earnings per share of JPY 127.98 per share against previous guidance of net sales of JPY 335,000 million, operating profit of JPY 19,300 million, profit attributable to owners of parent of JPY 11,600 million, basic earnings per share of JPY 186.19 per share. Housing-related (retail, wholesale, and real estate) financial results for the nine months ended November 30, 2025 were positively affected by the front-loaded consolidation of Pets First Holdings Co. Ltd. and the opening of new Lopia (franchise) stores in the retail business. The food service business also performed well thanks to fair menus and campaigns in addition to opening of new restaurants. As a result, consolidated net sales are expected to exceed the forecast. Meanwhile, on the profit front, despite efforts to reduce expenses through the digitization of sales promotions and streamlining of logistics in the housing-related sector, these efforts were not sufficient to absorb the impact of upward pressure on costs, such as new store opening costs, personnel expenses, utilities expenses, and rents. In the food service business as well, the gross profit margin declined due to a higher-than-expected cost of sales ratio mainly caused by higher rice prices, resulting in sluggish growth in consolidated operating profit, ordinary profit, and profit attributable to owners of parent. Since the above trend is expected to continue in the third quarter and beyond, and financial results are expected to be lower than the previous forecasts, the Company has revised the forecast value for each item as shown above. Announcement • Nov 25
Arclands Corporation to Report Q3, 2026 Results on Jan 06, 2026 Arclands Corporation announced that they will report Q3, 2026 results on Jan 06, 2026 Declared Dividend • Oct 21
First half dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 26th February 2026 Payment date: 1st June 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 04
Second quarter 2026 earnings released: EPS: JP¥44.87 (vs JP¥50.88 in 2Q 2025) Second quarter 2026 results: EPS: JP¥44.87 (down from JP¥50.88 in 2Q 2025). Revenue: JP¥93.2b (up 12% from 2Q 2025). Net income: JP¥2.80b (down 12% from 2Q 2025). Profit margin: 3.0% (down from 3.8% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Aug 23
Arclands Corporation to Report Q2, 2026 Results on Oct 03, 2025 Arclands Corporation announced that they will report Q2, 2026 results on Oct 03, 2025 Upcoming Dividend • Aug 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 21 October 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Reported Earnings • Jul 03
First quarter 2026 earnings released: EPS: JP¥46.31 (vs JP¥49.89 in 1Q 2025) First quarter 2026 results: EPS: JP¥46.31 (down from JP¥49.89 in 1Q 2025). Revenue: JP¥85.5b (up 2.9% from 1Q 2025). Net income: JP¥2.89b (down 7.2% from 1Q 2025). Profit margin: 3.4% (down from 3.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Declared Dividend • Jun 18
Final dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 28th August 2025 Payment date: 21st October 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 07
Arclands Corporation (TSE:9842) completed the acquisition of Pets First Holdings Co., Ltd. from Nobumasa Masamune. Arclands Corporation (TSE:9842) intends to acquire Pets First Holdings Co., Ltd. from Nobumasa Masamune on February 27, 2025. Arclands Corporation (TSE:9842) agreed to acquire Pets First Holdings Co., Ltd. from Nobumasa Masamune on February 28, 2025 A cash consideration will be paid by Arclands Corporation for 1,000 shares.
As of October 31, 2024, Pets First Holdings Co., Ltd. reported total assets of ¥9.37 billion and total common equity of ¥2.3 billion.
Arclands Corporation (TSE:9842) completed the acquisition of Pets First Holdings Co., Ltd. from Nobumasa Masamune on June 6, 2025. Reported Earnings • Jun 04
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥163. Revenue: JP¥331.0b (up 1.9% from FY 2024). Net income: JP¥10.1b (up 11% from FY 2024). Profit margin: 3.1% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Japan. Announcement • May 24
Arclands Corporation to Report Q1, 2026 Results on Jul 01, 2025 Arclands Corporation announced that they will report Q1, 2026 results on Jul 01, 2025 Price Target Changed • May 22
Price target increased by 13% to JP¥1,700 Up from JP¥1,500, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,739. Stock is down 7.0% over the past year. The company is forecast to post earnings per share of JP¥194 for next year compared to JP¥163 last year. Announcement • Apr 15
Arclands Corporation Proposes Dividend for the Fiscal Year Ending February 28, 2025, Payable on May 30, 2025 Arclands Corporation proposed dividend for the fiscal year ending February 28,2025, payable on May 30, 2025. For the year, the company announced dividend of JPY 20.00 per share compare to JPY 20.00 per share a year ago.
. Reported Earnings • Apr 12
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥163. Revenue: JP¥331.0b (up 1.9% from FY 2024). Net income: JP¥10.1b (up 11% from FY 2024). Profit margin: 3.1% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is expected to decline by 2.4% p.a. on average during the next 2 years, while revenues in the Specialty Retail industry in Japan are expected to grow by 6.7%. Announcement • Apr 11
Arclands Corporation, Annual General Meeting, May 29, 2025 Arclands Corporation, Annual General Meeting, May 29, 2025. Price Target Changed • Mar 12
Price target decreased by 12% to JP¥1,500 Down from JP¥1,700, the current price target is provided by 1 analyst. New target price is 8.6% below last closing price of JP¥1,641. Stock is down 2.5% over the past year. The company is forecast to post earnings per share of JP¥204 for next year compared to JP¥177 last year. Announcement • Feb 28
Arclands Corporation (TSE:9842) agreed to acquire Pets First Holdings Co., Ltd. from Nobumasa Masamune. Arclands Corporation (TSE:9842) agreed to acquire Pets First Holdings Co., Ltd. from Nobumasa Masamune on February 27, 2025. A cash consideration will be paid by Arclands Corporation for 1,000 shares.
As of October 31, 2024, Pets First Holdings Co., Ltd. reported total assets of ¥9.37 billion and total common equity of ¥2.3 billion. Announcement • Feb 25
Arclands Corporation to Report Fiscal Year 2025 Results on Apr 11, 2025 Arclands Corporation announced that they will report fiscal year 2025 results on Apr 11, 2025 Upcoming Dividend • Feb 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 26 May 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Price Target Changed • Jan 22
Price target decreased by 11% to JP¥1,600 Down from JP¥1,800, the current price target is provided by 1 analyst. New target price is 5.4% below last closing price of JP¥1,692. Stock is down 0.1% over the past year. The company is forecast to post earnings per share of JP¥207 for next year compared to JP¥177 last year. New Risk • Jan 12
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. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Jan 08
Third quarter 2025 earnings released: EPS: JP¥55.62 (vs JP¥32.19 in 3Q 2024) Third quarter 2025 results: EPS: JP¥55.62 (up from JP¥32.19 in 3Q 2024). Revenue: JP¥82.6b (up 2.1% from 3Q 2024). Net income: JP¥3.47b (up 73% from 3Q 2024). Profit margin: 4.2% (up from 2.5% in 3Q 2024). Revenue is expected to decline by 1.0% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in Japan are expected to grow by 6.8%. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Nov 26
Arclands Corporation to Report Q3, 2025 Results on Jan 07, 2025 Arclands Corporation announced that they will report Q3, 2025 results on Jan 07, 2025 Declared Dividend • Oct 22
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 27th February 2025 Payment date: 26th May 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 09
Second quarter 2025 earnings released: EPS: JP¥50.88 (vs JP¥64.55 in 2Q 2024) Second quarter 2025 results: EPS: JP¥50.88. Revenue: JP¥83.3b (flat on 2Q 2024). Net income: JP¥3.17b (up 21% from 2Q 2024). Profit margin: 3.8% (up from 3.1% in 2Q 2024). Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in Japan are expected to grow by 6.9%. Declared Dividend • Oct 07
Dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 27th February 2025 Payment date: 26th May 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but not covered by cash flows (294% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 23 October 2024. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Announcement • Aug 14
Arclands Corporation to Report Q2, 2025 Results on Oct 04, 2024 Arclands Corporation announced that they will report Q2, 2025 results on Oct 04, 2024 Reported Earnings • Jul 07
First quarter 2025 earnings released: EPS: JP¥49.89 (vs JP¥108 in 1Q 2024) First quarter 2025 results: EPS: JP¥49.89 (down from JP¥108 in 1Q 2024). Revenue: JP¥83.1b (up 1.7% from 1Q 2024). Net income: JP¥3.11b (down 29% from 1Q 2024). Profit margin: 3.7% (down from 5.4% in 1Q 2024). Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in Japan are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Declared Dividend • Jun 06
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th August 2024 Payment date: 23rd October 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but not covered by cash flows (294% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 06
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥177 (down from JP¥238 in FY 2023). Revenue: JP¥324.9b (flat on FY 2023). Net income: JP¥9.13b (down 5.6% from FY 2023). Profit margin: 2.8% (down from 3.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • May 29
Arclands Corporation to Report Q1, 2025 Results on Jul 05, 2024 Arclands Corporation announced that they will report Q1, 2025 results on Jul 05, 2024 Price Target Changed • May 17
Price target increased by 13% to JP¥1,800 Up from JP¥1,600, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,864. Stock is up 18% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥172 last year. Major Estimate Revision • May 17
Consensus EPS estimates increase by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥188 to JP¥210. Revenue forecast steady at JP¥314.3b. Net income forecast to grow 44% next year vs 16% growth forecast for Specialty Retail industry in Japan. Consensus price target up from JP¥1,600 to JP¥1,800. Share price fell 3.5% to JP¥1,864 over the past week. Reported Earnings • Apr 14
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥172 (down from JP¥238 in FY 2023). Revenue: JP¥324.9b (flat on FY 2023). Net income: JP¥9.13b (down 5.6% from FY 2023). Profit margin: 2.8% (down from 3.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Specialty Retail industry in Japan are expected to grow by 6.8%. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Apr 14
Arclands Corporation, Annual General Meeting, May 23, 2024 Arclands Corporation, Annual General Meeting, May 23, 2024. Announcement • Feb 24
Arclands Corporation to Report Fiscal Year 2024 Results on Apr 12, 2024 Arclands Corporation announced that they will report fiscal year 2024 results on Apr 12, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Reported Earnings • Jan 14
Third quarter 2024 earnings released: EPS: JP¥32.19 (vs JP¥48.33 in 3Q 2023) Third quarter 2024 results: EPS: JP¥32.19. Revenue: JP¥80.9b (flat on 3Q 2023). Net income: JP¥2.01b (up 2.5% from 3Q 2023). Profit margin: 2.5% (up from 2.4% in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.3% growth forecast for the Specialty Retail industry in Japan. Announcement • Nov 24
Arclands Corporation to Report Q3, 2024 Results on Jan 12, 2024 Arclands Corporation announced that they will report Q3, 2024 results on Jan 12, 2024 Major Estimate Revision • Oct 13
Consensus EPS estimates fall by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥220 to JP¥192. Revenue forecast unchanged from JP¥313.8b at last update. Net income forecast to grow 19% next year vs 12% growth forecast for Specialty Retail industry in Japan. Consensus price target of JP¥1,600 unchanged from last update. Share price was steady at JP¥1,499 over the past week. Reported Earnings • Oct 07
Second quarter 2024 earnings released: EPS: JP¥64.55 (vs JP¥85.49 in 2Q 2023) Second quarter 2024 results: EPS: JP¥64.55 (down from JP¥85.49 in 2Q 2023). Revenue: JP¥83.7b (flat on 2Q 2023). Net income: JP¥2.62b (down 25% from 2Q 2023). Profit margin: 3.1% (down from 4.1% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥20.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 24 October 2023. Payout ratio is a comfortable 14% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%). Announcement • Aug 19
Arclands Corporation to Report Q2, 2024 Results on Oct 06, 2023 Arclands Corporation announced that they will report Q2, 2024 results on Oct 06, 2023 Reported Earnings • Jul 16
First quarter 2024 earnings released: EPS: JP¥108 (vs JP¥96.98 in 1Q 2023) First quarter 2024 results: EPS: JP¥108 (up from JP¥96.98 in 1Q 2023). Revenue: JP¥81.7b (down 1.3% from 1Q 2023). Net income: JP¥4.39b (up 12% from 1Q 2023). Profit margin: 5.4% (up from 4.8% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Major Estimate Revision • Jul 14
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥240 to JP¥215 per share. Revenue forecast steady at JP¥313.8b. Net income forecast to grow 14% next year vs 13% growth forecast for Specialty Retail industry in Japan. Consensus price target of JP¥1,500 unchanged from last update. Share price rose 2.1% to JP¥1,585 over the past week. Reported Earnings • May 30
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥238 (down from JP¥385 in FY 2022). Revenue: JP¥327.2b (down 4.4% from FY 2022). Net income: JP¥9.66b (down 38% from FY 2022). Profit margin: 3.0% (down from 4.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%. Revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • May 28
Arclands Corporation to Report Q1, 2024 Results on Jul 11, 2023 Arclands Corporation announced that they will report Q1, 2024 results on Jul 11, 2023 Major Estimate Revision • May 02
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥322.3b to JP¥316.5b. EPS estimate also fell from JP¥253 per share to JP¥225 per share. Net income forecast to grow 21% next year vs 3.7% growth forecast for Specialty Retail industry in Japan. Consensus price target down from JP¥1,800 to JP¥1,500. Share price was steady at JP¥1,500 over the past week. Price Target Changed • May 01
Price target decreased by 21% to JP¥1,500 Down from JP¥1,900, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,534. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of JP¥225 for next year compared to JP¥238 last year. Reported Earnings • Apr 16
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥238 (down from JP¥385 in FY 2022). Revenue: JP¥327.2b (down 4.4% from FY 2022). Net income: JP¥9.66b (down 38% from FY 2022). Profit margin: 3.0% (down from 4.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%. Revenue is forecast to stay flat during the next 3 years compared to a 5.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥20.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 7.6% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Price Target Changed • Jan 19
Price target decreased to JP¥1,800 Down from JP¥2,000, the current price target is provided by 1 analyst. New target price is 28% above last closing price of JP¥1,402. Stock is down 8.2% over the past year. The company is forecast to post earnings per share of JP¥233 for next year compared to JP¥385 last year. Reported Earnings • Jan 14
Third quarter 2023 earnings released: EPS: JP¥48.33 (vs JP¥74.86 in 3Q 2022) Third quarter 2023 results: EPS: JP¥48.33 (down from JP¥74.86 in 3Q 2022). Revenue: JP¥80.6b (down 7.7% from 3Q 2022). Net income: JP¥1.96b (down 35% from 3Q 2022). Profit margin: 2.4% (down from 3.5% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.8% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Nov 24
Arclands Corporation to Report Q3, 2023 Results on Jan 13, 2023 Arclands Corporation announced that they will report Q3, 2023 results on Jan 13, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. No independent directors (10 non-independent directors). External Director Koichi Ohmuro was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥1,712, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,419 per share. Announcement • Oct 05
City Index Eleventh Fund acquired a 5.06% stake in Arclands Corporation (TSE:9842). City Index Eleventh Fund acquired a 5.06% stake in Arclands Corporation (TSE:9842) on October 4, 2022.
City Index Eleventh Fund completed the acquisition of 5.06% stake in Arclands Corporation (TSE:9842) on October 4, 2022. Reported Earnings • Oct 05
Second quarter 2023 earnings released: EPS: JP¥85.48 (vs JP¥280 in 2Q 2022) Second quarter 2023 results: EPS: JP¥85.48 (down from JP¥280 in 2Q 2022). Revenue: JP¥83.8b (down 2.7% from 2Q 2022). Net income: JP¥3.47b (down 70% from 2Q 2022). Profit margin: 4.1% (down from 13% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 11 October 2022. Payout ratio is a comfortable 7.2% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Announcement • Aug 19
Arcland Sakamoto Co.,Ltd. to Report Q2, 2023 Results on Oct 03, 2022 Arcland Sakamoto Co.,Ltd. announced that they will report Q2, 2023 results on Oct 03, 2022 Reported Earnings • Jul 07
First quarter 2023 earnings released: EPS: JP¥96.97 (vs JP¥63.52 in 1Q 2022) First quarter 2023 results: EPS: JP¥96.97 (up from JP¥63.52 in 1Q 2022). Revenue: JP¥82.8b (up 2.0% from 1Q 2022). Net income: JP¥3.93b (up 53% from 1Q 2022). Profit margin: 4.8% (up from 3.2% in 1Q 2022). Over the next year, revenue is expected to shrink by 3.6% compared to a 7.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 01
Full year 2022 earnings: Revenues in line with analyst expectations Full year 2022 results: Revenue: JP¥342.3b (up 87% from FY 2021). Net income: JP¥15.6b (up 79% from FY 2021). Profit margin: 4.6% (down from 4.8% in FY 2021). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 3.4% compared to a 7.6% growth forecast for the retail industry in Japan. Announcement • May 27
Arcland Sakamoto Co.,Ltd. to Report Q1, 2023 Results on Jul 04, 2022 Arcland Sakamoto Co.,Ltd. announced that they will report Q1, 2023 results on Jul 04, 2022 Price Target Changed • Apr 27
Price target increased to JP¥1,900 Up from JP¥1,700, the current price target is an average from 2 analysts. New target price is 27% above last closing price of JP¥1,493. Stock is down 1.8% over the past year. The company is forecast to post earnings per share of JP¥277 for next year compared to JP¥385 last year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. No independent directors (10 non-independent directors). External Director Koichi Ohmuro was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 13
Arcland Sakamoto Co.,Ltd., Annual General Meeting, May 26, 2022 Arcland Sakamoto Co.,Ltd., Annual General Meeting, May 26, 2022. Reported Earnings • Apr 12
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥385 (up from JP¥215 in FY 2021). Revenue: JP¥342.3b (up 87% from FY 2021). Net income: JP¥15.6b (up 79% from FY 2021). Profit margin: 4.6% (down from 4.8% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Over the next year, revenue is forecast to stay flat compared to a 6.4% growth forecast for the retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Feb 24
Arcland Sakamoto Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 11, 2022 Arcland Sakamoto Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 11, 2022 Upcoming Dividend • Feb 18
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 16 May 2022. Payout ratio is a comfortable 6.3% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Dec 22
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: JP¥74.85 (up from JP¥41.42 in 3Q 2021). Revenue: JP¥87.4b (up 172% from 3Q 2021). Net income: JP¥3.04b (up 81% from 3Q 2021). Profit margin: 3.5% (down from 5.2% in 3Q 2021). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 2.3%, compared to a 6.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 22
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: JP¥74.85 (up from JP¥41.42 in 3Q 2021). Revenue: JP¥87.4b (up 172% from 3Q 2021). Net income: JP¥3.04b (up 81% from 3Q 2021). Profit margin: 3.5% (down from 5.2% in 3Q 2021). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 2.3%, compared to a 6.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Price Target Changed • Oct 12
Price target increased to JP¥1,900 Up from JP¥1,700, the current price target is an average from 2 analysts. New target price is 13% above last closing price of JP¥1,686. Stock is down 26% over the past year. Reported Earnings • Sep 22
Second quarter 2022 earnings released: EPS JP¥280 (vs JP¥59.23 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥86.1b (up 164% from 2Q 2021). Net income: JP¥11.4b (up 373% from 2Q 2021). Profit margin: 13% (up from 7.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,796, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 17x in the Specialty Retail industry in Japan. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥961 per share. Upcoming Dividend • Aug 12
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 19 August 2021. Payment date: 12 October 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.3%). Price Target Changed • Jun 30
Price target decreased to JP¥1,700 Down from JP¥1,870, the current price target is an average from 2 analysts. New target price is 12% above last closing price of JP¥1,517. Stock is down 17% over the past year. Major Estimate Revision • Jun 29
Consensus EPS estimates increase to JP¥471 The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥338.0b to JP¥365.0b. EPS estimate increased from JP¥303 to JP¥471 per share. Net income forecast to grow 40% next year vs 12% growth forecast for Specialty Retail industry in Japan. Consensus price target of JP¥1,900 unchanged from last update. Share price rose 6.6% to JP¥1,599 over the past week. Reported Earnings • Jun 24
First quarter 2022 earnings released: EPS JP¥63.52 (vs JP¥57.25 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: JP¥81.1b (up 151% from 1Q 2021). Net income: JP¥2.58b (up 11% from 1Q 2021). Profit margin: 3.2% (down from 7.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS JP¥215 (vs JP¥119 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥183.6b (up 63% from FY 2020). Net income: JP¥8.73b (up 80% from FY 2020). Profit margin: 4.8% (up from 4.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.