Reported Earnings • Feb 16
First quarter 2026 earnings released: EPS: JP¥21.99 (vs JP¥2.78 in 1Q 2025) First quarter 2026 results: EPS: JP¥21.99 (up from JP¥2.78 in 1Q 2025). Revenue: JP¥415.0m (down 5.7% from 1Q 2025). Net income: JP¥158.0m (up JP¥138.0m from 1Q 2025). Profit margin: 38% (up from 4.5% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 19
Full year 2025 earnings released: JP¥20.18 loss per share (vs JP¥13.50 loss in FY 2024) Full year 2025 results: JP¥20.18 loss per share (further deteriorated from JP¥13.50 loss in FY 2024). Revenue: JP¥1.84b (flat on FY 2024). Net loss: JP¥145.0m (loss widened 50% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. Announcement • Nov 14
Intertrade Co.,Ltd., Annual General Meeting, Dec 19, 2025 Intertrade Co.,Ltd., Annual General Meeting, Dec 19, 2025. Announcement • Aug 29
Intertrade Co.,Ltd. to Report Fiscal Year 2025 Results on Nov 14, 2025 Intertrade Co.,Ltd. announced that they will report fiscal year 2025 results on Nov 14, 2025 Reported Earnings • Aug 11
Third quarter 2025 earnings released: JP¥10.86 loss per share (vs JP¥4.73 loss in 3Q 2024) Third quarter 2025 results: JP¥10.86 loss per share (further deteriorated from JP¥4.73 loss in 3Q 2024). Revenue: JP¥420.0m (up 2.2% from 3Q 2024). Net loss: JP¥78.0m (loss widened 129% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Reported Earnings • May 21
Second quarter 2025 earnings released: JP¥8.21 loss per share (vs JP¥3.48 loss in 2Q 2024) Second quarter 2025 results: JP¥8.21 loss per share (further deteriorated from JP¥3.48 loss in 2Q 2024). Revenue: JP¥422.0m (down 4.5% from 2Q 2024). Net loss: JP¥59.0m (loss widened 136% from 2Q 2024). 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. Announcement • Apr 19
Intertrade Co.,Ltd. (TSE:3747) agreed to acquire 25% stake in AndGo, inc from ANRI No.3 Investment Limited Partnership and ANRI for ¥51 million. Intertrade Co.,Ltd. (TSE:3747) agreed to acquire 25% stake in AndGo, inc from ANRI No.3 Investment Limited Partnership and ANRI for ¥51 million on April 17, 2025. A cash consideration of ¥51 million will be paid by Intertrade Co.,Ltd. As part of consideration, ¥51 million is paid towards common equity of AndGo, inc.
The expected completion of the transaction is April 24, 2025. Reported Earnings • Feb 16
First quarter 2025 earnings released: EPS: JP¥2.78 (vs JP¥6.26 in 1Q 2024) First quarter 2025 results: EPS: JP¥2.78 (down from JP¥6.26 in 1Q 2024). Revenue: JP¥440.0m (down 12% from 1Q 2024). Net income: JP¥20.0m (down 56% from 1Q 2024). Profit margin: 4.5% (down from 9.0% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. 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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (9.0% average weekly change). Minor Risk Market cap is less than US$100m (JP¥2.39b market cap, or US$15.1m). New Risk • Nov 18
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 5.7% 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: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (JP¥2.80b market cap, or US$18.1m). Announcement • Nov 14
Intertrade Co.,Ltd., Annual General Meeting, Dec 20, 2024 Intertrade Co.,Ltd., Annual General Meeting, Dec 20, 2024. Announcement • Aug 29
Intertrade Co.,Ltd. to Report Fiscal Year 2024 Results on Nov 14, 2024 Intertrade Co.,Ltd. announced that they will report fiscal year 2024 results on Nov 14, 2024 Reported Earnings • Aug 14
Third quarter 2024 earnings released: JP¥4.73 loss per share (vs JP¥3.34 loss in 3Q 2023) Third quarter 2024 results: JP¥4.73 loss per share (further deteriorated from JP¥3.34 loss in 3Q 2023). Revenue: JP¥411.0m (down 14% from 3Q 2023). Net loss: JP¥34.0m (loss widened 42% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. New Risk • Aug 05
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 7.3% 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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (JP¥2.13b market cap, or US$15.0m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to JP¥297, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 40% over the past three years. Buy Or Sell Opportunity • Aug 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to JP¥297. The fair value is estimated to be JP¥372, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 25%. Buy Or Sell Opportunity • Jul 01
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 2.7% to JP¥415. The fair value is estimated to be JP¥333, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 25%. Buy Or Sell Opportunity • Jun 25
Now 23% overvalued Over the last 90 days, the stock has fallen 2.1% to JP¥412. The fair value is estimated to be JP¥334, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 25%. Buy Or Sell Opportunity • Jun 04
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to JP¥399. The fair value is estimated to be JP¥330, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 25%. Reported Earnings • May 21
Second quarter 2024 earnings released: JP¥3.48 loss per share (vs JP¥4.73 profit in 2Q 2023) Second quarter 2024 results: JP¥3.48 loss per share (down from JP¥4.73 profit in 2Q 2023). Revenue: JP¥442.0m (down 6.2% from 2Q 2023). Net loss: JP¥25.0m (down 174% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. New Risk • May 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 5.8% 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: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.3% net profit margin). Market cap is less than US$100m (JP¥2.97b market cap, or US$18.9m). Buy Or Sell Opportunity • Feb 29
Now 20% undervalued Over the last 90 days, the stock has risen 9.4% to JP¥456. The fair value is estimated to be JP¥572, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has declined by 17%. Reported Earnings • Feb 17
First quarter 2024 earnings released: EPS: JP¥6.26 (vs JP¥3.76 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥6.26 (up from JP¥3.76 loss in 1Q 2023). Revenue: JP¥498.0m (up 8.0% from 1Q 2023). Net income: JP¥45.0m (up JP¥72.0m from 1Q 2023). Profit margin: 9.0% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 19
Full year 2023 earnings released: EPS: JP¥5.01 (vs JP¥24.08 in FY 2022) Full year 2023 results: EPS: JP¥5.01 (down from JP¥24.08 in FY 2022). Revenue: JP¥2.01b (down 2.2% from FY 2022). Net income: JP¥36.0m (down 79% from FY 2022). Profit margin: 1.8% (down from 8.4% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year. Announcement • Nov 17
Intertrade Co.,Ltd., Annual General Meeting, Dec 22, 2023 Intertrade Co.,Ltd., Annual General Meeting, Dec 22, 2023. Announcement • Sep 02
Intertrade Co.,Ltd. to Report Fiscal Year 2023 Results on Nov 14, 2023 Intertrade Co.,Ltd. announced that they will report fiscal year 2023 results on Nov 14, 2023 Reported Earnings • Aug 13
Third quarter 2023 earnings released: JP¥3.34 loss per share (vs JP¥3.06 profit in 3Q 2022) Third quarter 2023 results: JP¥3.34 loss per share (down from JP¥3.06 profit in 3Q 2022). Revenue: JP¥479.0m (down 5.5% from 3Q 2022). Net loss: JP¥24.0m (down 209% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥420, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 23x in the Software industry in Japan. Total loss to shareholders of 32% over the past three years. Reported Earnings • May 15
Second quarter 2023 earnings released: EPS: JP¥4.73 (vs JP¥14.20 in 2Q 2022) Second quarter 2023 results: EPS: JP¥4.73 (down from JP¥14.20 in 2Q 2022). Revenue: JP¥471.0m (down 9.1% from 2Q 2022). Net income: JP¥34.0m (down 67% from 2Q 2022). Profit margin: 7.2% (down from 20% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 16
First quarter 2023 earnings released: JP¥3.76 loss per share (vs JP¥4.31 loss in 1Q 2022) First quarter 2023 results: JP¥3.76 loss per share (improved from JP¥4.31 loss in 1Q 2022). Revenue: JP¥461.0m (up 12% from 1Q 2022). Net loss: JP¥27.0m (loss narrowed 13% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 28
Full year 2022 earnings released: EPS: JP¥24.08 (vs JP¥27.97 in FY 2021) Full year 2022 results: EPS: JP¥24.08 (down from JP¥27.97 in FY 2021). Revenue: JP¥2.06b (down 4.7% from FY 2021). Net income: JP¥173.0m (down 14% from FY 2021). Profit margin: 8.4% (down from 9.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 16
Full year 2022 earnings released: EPS: JP¥24.08 (vs JP¥27.97 in FY 2021) Full year 2022 results: EPS: JP¥24.08 (down from JP¥27.97 in FY 2021). Revenue: JP¥2.06b (down 4.7% from FY 2021). Net income: JP¥173.0m (down 14% from FY 2021). Profit margin: 8.4% (down from 9.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Nov 16
Intertrade Co.,Ltd., Annual General Meeting, Dec 23, 2022 Intertrade Co.,Ltd., Annual General Meeting, Dec 23, 2022. Board Change • Nov 16
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. 3 experienced directors. 5 highly experienced directors. 1 independent director (4 non-independent directors). General Manager of Business Solution Business Division and Director Tomomi Akutsu was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Oct 29
Intertrade Co.,Ltd. to Report Fiscal Year 2022 Results on Nov 14, 2022 Intertrade Co.,Ltd. announced that they will report fiscal year 2022 results on Nov 14, 2022 Reported Earnings • Aug 13
Third quarter 2022 earnings released: EPS: JP¥3.06 (vs JP¥9.60 in 3Q 2021) Third quarter 2022 results: EPS: JP¥3.06 (down from JP¥9.60 in 3Q 2021). Revenue: JP¥507.0m (down 12% from 3Q 2021). Net income: JP¥22.0m (down 68% from 3Q 2021). Profit margin: 4.3% (down from 12% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 17
Second quarter 2022 earnings released: EPS: JP¥14.20 (vs JP¥3.06 loss in 2Q 2021) Second quarter 2022 results: EPS: JP¥14.20 (up from JP¥3.06 loss in 2Q 2021). Revenue: JP¥518.0m (up 1.2% from 2Q 2021). Net income: JP¥102.0m (up JP¥124.0m from 2Q 2021). Profit margin: 20% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. 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. 3 experienced directors. 5 highly experienced directors. 1 independent director (4 non-independent directors). General Manager of Business Solution Business Division and Director Tomomi Akutsu was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Apr 20
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥735, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥734, the stock trades at a trailing P/E ratio of 42.5x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 165% over the past three years. Reported Earnings • Feb 16
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: JP¥4.31 loss per share (down from JP¥6.40 profit in 1Q 2021). Revenue: JP¥413.0m (down 13% from 1Q 2021). Net loss: JP¥31.0m (down 167% from profit in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥27.97 (up from JP¥6.96 in FY 2020). Revenue: JP¥2.16b (down 1.7% from FY 2020). Net income: JP¥201.0m (up 302% from FY 2020). Profit margin: 9.3% (up from 2.3% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 15
Full year 2021 earnings released: EPS JP¥27.97 (vs JP¥6.96 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥2.16b (down 1.7% from FY 2020). Net income: JP¥201.0m (up 302% from FY 2020). Profit margin: 9.3% (up from 2.3% in FY 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥571, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 29x in the Software industry in Japan. Total returns to shareholders of 82% over the past three years. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥568, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 30x in the Software industry in Japan. Total returns to shareholders of 63% over the past three years. Reported Earnings • May 19
Second quarter 2021 earnings released: JP¥3.06 loss per share (vs JP¥8.91 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥512.0m (down 10% from 2Q 2020). Net loss: JP¥22.0m (down 134% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥661, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 38x in the Software industry in Japan. Total returns to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥610, the stock is trading at a trailing P/E ratio of 26.9x, up from the previous P/E ratio of 21.7x. This compares to an average P/E of 38x in the Software industry in Japan. Total returns to shareholders over the past three years are 53%. Is New 90 Day High Low • Feb 18
New 90-day high: JP¥618 The company is up 32% from its price of JP¥468 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 6.0% over the same period. Reported Earnings • Feb 14
First quarter 2021 earnings released: EPS JP¥6.40 (vs JP¥9.32 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥473.0m (up 13% from 1Q 2020). Net income: JP¥46.0m (up JP¥113.0m from 1Q 2020). Profit margin: 9.7% (up from net loss in 1Q 2020). 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 11% per year, which means it is significantly lagging earnings growth. Announcement • Dec 30
Intertrade Co.,Ltd. to Report Q1, 2021 Results on Feb 12, 2021 Intertrade Co.,Ltd. announced that they will report Q1, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 22
New 90-day low: JP¥441 The company is down 22% from its price of JP¥564 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 2.0% over the same period. Announcement • Nov 13
Intertrade Co.,Ltd., Annual General Meeting, Dec 18, 2020 Intertrade Co.,Ltd., Annual General Meeting, Dec 18, 2020. Announcement • Sep 06
Intertrade Co.,Ltd. to Report Fiscal Year 2020 Results on Nov 13, 2020 Intertrade Co.,Ltd. announced that they will report fiscal year 2020 results on Nov 13, 2020