New Risk • Jun 01
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 8.1% 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 Risk Latest financial reports are more than 1 year old (reported November 2022 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (JP¥9.32b market cap, or US$58.4m). Announcement • May 26
Kanseki Co., Ltd. to Report Q1, 2027 Results on Jul 09, 2026 Kanseki Co., Ltd. announced that they will report Q1, 2027 results on Jul 09, 2026 Announcement • Apr 09
Kanseki Co., Ltd., Annual General Meeting, May 28, 2026 Kanseki Co., Ltd., Annual General Meeting, May 28, 2026. Announcement • Apr 02
Kanseki Co., Ltd. to Report Fiscal Year 2026 Results on Apr 09, 2026 Kanseki Co., Ltd. announced that they will report fiscal year 2026 results on Apr 09, 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. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.4%). Announcement • Nov 05
Kanseki Co., Ltd. to Report Q3, 2026 Results on Jan 08, 2026 Kanseki Co., Ltd. announced that they will report Q3, 2026 results on Jan 08, 2026 Announcement • Sep 18
Kanseki Co., Ltd. to Report Q2, 2026 Results on Oct 09, 2025 Kanseki Co., Ltd. announced that they will report Q2, 2026 results on Oct 09, 2025 Announcement • Apr 26
Kanseki Co., Ltd. to Report Q1, 2026 Results on Jul 10, 2025 Kanseki Co., Ltd. announced that they will report Q1, 2026 results on Jul 10, 2025 Announcement • Apr 10
Kanseki Co., Ltd., Annual General Meeting, May 29, 2025 Kanseki Co., Ltd., Annual General Meeting, May 29, 2025. Announcement • Feb 03
Kanseki Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2025 Kanseki Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2025 Announcement • Oct 29
Kanseki Co., Ltd. to Report Q3, 2025 Results on Jan 09, 2025 Kanseki Co., Ltd. announced that they will report Q3, 2025 results on Jan 09, 2025 Announcement • Jul 27
Kanseki Co., Ltd. to Report Q2, 2025 Results on Oct 10, 2024 Kanseki Co., Ltd. announced that they will report Q2, 2025 results on Oct 10, 2024 Announcement • May 01
Kanseki Co., Ltd. to Report Q1, 2025 Results on Jul 11, 2024 Kanseki Co., Ltd. announced that they will report Q1, 2025 results on Jul 11, 2024 Announcement • Apr 14
Kanseki Co., Ltd., Annual General Meeting, May 30, 2024 Kanseki Co., Ltd., Annual General Meeting, May 30, 2024. Announcement • Jan 31
Kanseki Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2024 Kanseki Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2024 Announcement • Oct 29
Kanseki Co., Ltd. to Report Q3, 2024 Results on Jan 11, 2024 Kanseki Co., Ltd. announced that they will report Q3, 2024 results on Jan 11, 2024 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥12.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 01 November 2023. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%). Announcement • Jul 30
Kanseki Co., Ltd. to Report Q2, 2024 Results on Oct 12, 2023 Kanseki Co., Ltd. announced that they will report Q2, 2024 results on Oct 12, 2023 New Risk • Jul 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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). Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported November 2022 fiscal period end). Paying a dividend despite being loss-making. Shareholders have been diluted in the past year (7.3% increase in shares outstanding). Market cap is less than US$100m (JP¥10.8b market cap, or US$77.7m). Upcoming Dividend • Feb 20
Upcoming dividend of JP¥12.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.5%). Announcement • Feb 01
Kanseki Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2023 Kanseki Co., Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2023 Reported Earnings • Jan 12
Third quarter 2023 earnings released: EPS: JP¥25.49 (vs JP¥57.27 in 3Q 2022) Third quarter 2023 results: EPS: JP¥25.49 (down from JP¥57.27 in 3Q 2022). Revenue: JP¥9.45b (down 8.0% from 3Q 2022). Net income: JP¥190.0m (down 52% from 3Q 2022). Profit margin: 2.0% (down from 3.9% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. 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. 3 experienced directors. 5 highly experienced directors. No independent directors (4 non-independent directors). Manager of Merchandise Department, Executive Manager of Home Center HQ and Director Ichiro Otagaki was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 13
Second quarter 2023 earnings released: EPS: JP¥29.40 (vs JP¥60.87 in 2Q 2022) Second quarter 2023 results: EPS: JP¥29.40 (down from JP¥60.87 in 2Q 2022). Revenue: JP¥9.47b (down 6.8% from 2Q 2022). Net income: JP¥210.0m (down 50% from 2Q 2022). Profit margin: 2.2% (down from 4.2% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 01 November 2022. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.5%). Announcement • Jul 31
Kanseki Co., Ltd. to Report Q2, 2023 Results on Oct 12, 2022 Kanseki Co., Ltd. announced that they will report Q2, 2023 results on Oct 12, 2022 Reported Earnings • Jul 14
First quarter 2023 earnings released: EPS: JP¥45.33 (vs JP¥61.59 in 1Q 2022) First quarter 2023 results: EPS: JP¥45.33 (down from JP¥61.59 in 1Q 2022). Revenue: JP¥10.0b (down 1.7% from 1Q 2022). Net income: JP¥315.0m (down 26% from 1Q 2022). Profit margin: 3.1% (down from 4.2% in 1Q 2022). 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 2% per year, which means it is well ahead of earnings. Reported Earnings • Jun 02
Full year 2022 earnings released: JP¥25.47 loss per share (vs JP¥258 profit in FY 2021) Full year 2022 results: JP¥25.47 loss per share (down from JP¥258 profit in FY 2021). Revenue: JP¥41.6b (down 1.7% from FY 2021). Net loss: JP¥177.0m (down 110% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • May 02
Kanseki Co., Ltd. to Report Q1, 2023 Results on Jul 12, 2022 Kanseki Co., Ltd. announced that they will report Q1, 2023 results on Jul 12, 2022 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. 3 experienced directors. 5 highly experienced directors. No independent directors (4 non-independent directors). Manager of Merchandise Department, Executive Manager of Home Center HQ and Director Ichiro Otagaki was the last director to join the board, commencing their role in 2012. 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 15
Kanseki Co., Ltd., Annual General Meeting, May 26, 2022 Kanseki Co., Ltd., Annual General Meeting, May 26, 2022. Reported Earnings • Apr 14
Full year 2022 earnings released: JP¥25.47 loss per share (vs JP¥258 profit in FY 2021) Full year 2022 results: JP¥25.47 loss per share (down from JP¥258 profit in FY 2021). Revenue: JP¥41.6b (down 1.7% from FY 2021). Net loss: JP¥177.0m (down 110% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Buying Opportunity • Apr 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.7%. The fair value is estimated to be JP¥2,305, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 39%. Buying Opportunity • Feb 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be JP¥2,305, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% per annum over the last 3 years. Earnings per share has grown by 39% per annum over the last 3 years. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 21 May 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.6%). Announcement • Jan 30
Kanseki Co., Ltd. to Report Fiscal Year 2022 Results on Apr 13, 2022 Kanseki Co., Ltd. announced that they will report fiscal year 2022 results on Apr 13, 2022 Buying Opportunity • Jan 17
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 34%. The fair value is estimated to be JP¥2,243, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% per annum over the last 3 years. Earnings per share has grown by 39% per annum over the last 3 years. Reported Earnings • Jan 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥57.27 (down from JP¥75.35 in 3Q 2021). Revenue: JP¥10.3b (down 4.0% from 3Q 2021). Net income: JP¥398.0m (down 24% from 3Q 2021). Profit margin: 3.9% (down from 4.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 02 November 2021. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (1.4%). Reported Earnings • Jul 11
First quarter 2022 earnings released: EPS JP¥61.59 (vs JP¥35.21 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.2b (up 8.7% from 1Q 2021). Net income: JP¥428.0m (up 75% from 1Q 2021). Profit margin: 4.2% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. 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 32% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2021 earnings released: EPS JP¥258 (vs JP¥145 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥42.3b (up 14% from FY 2020). Net income: JP¥1.80b (up 77% from FY 2020). Profit margin: 4.2% (up from 2.7% 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 49% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 11
Full year 2021 earnings released: EPS JP¥258 (vs JP¥145 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥42.3b (up 14% from FY 2020). Net income: JP¥1.80b (up 77% from FY 2020). Profit margin: 4.2% (up from 2.7% 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 49% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 26
New 90-day low: JP¥2,882 The company is down 11% from its price of JP¥3,240 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 13% over the same period. Announcement • Feb 04
Kanseki Co., Ltd. to Report Fiscal Year 2021 Results on Apr 09, 2021 Kanseki Co., Ltd. announced that they will report fiscal year 2021 results on Apr 09, 2021 Reported Earnings • Jan 17
Third quarter 2021 earnings released: EPS JP¥75.35 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥10.7b (up 15% from 3Q 2020). Net income: JP¥524.0m (up 74% from 3Q 2020). Profit margin: 4.9% (up from 3.3% 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 51% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 15
New 90-day low: JP¥2,910 The company is down 8.0% from its price of JP¥3,170 on 16 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 12% over the same period. Reported Earnings • Jan 09
Third quarter 2021 earnings released: EPS JP¥75.35 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥10.7b (up 15% from 3Q 2020). Net income: JP¥524.0m (up 74% from 3Q 2020). Profit margin: 4.9% (up from 3.3% 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 51% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Nov 25
New 90-day low: JP¥3,105 The company is down 6.0% from its price of JP¥3,310 on 28 August 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 12% over the same period. Reported Earnings • Oct 17
First half earnings released Over the last 12 months the company has reported total profits of JP¥1.47b, up 98% from the prior year. Total revenue was JP¥39.7b over the last 12 months, up 13% from the prior year. Reported Earnings • Oct 10
First half earnings released Over the last 12 months the company has reported total profits of JP¥1.47b, up 98% from the prior year. Total revenue was JP¥39.7b over the last 12 months, up 13% from the prior year. Announcement • Aug 10
Kanseki Co., Ltd. to Report Q2, 2021 Results on Oct 09, 2020 Kanseki Co., Ltd. announced that they will report Q2, 2021 results on Oct 09, 2020