Announcement • Jun 21
iRidge, Inc. to Report Q1, 2027 Results on Aug 07, 2026 iRidge, Inc. announced that they will report Q1, 2027 results on Aug 07, 2026 New Risk • May 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥3.59b market cap, or US$22.7m). Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥81.47 (vs JP¥1.71 in FY 2025) Full year 2026 results: EPS: JP¥81.47 (up from JP¥1.71 in FY 2025). Revenue: JP¥7.08b (up 5.6% from FY 2025). Net income: JP¥637.0m (up JP¥624.0m from FY 2025). Profit margin: 9.0% (up from 0.2% in FY 2025). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥490, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 17x in the Software industry in Japan. Total loss to shareholders of 29% over the past three years. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥1.92 (vs JP¥5.40 in 3Q 2025) Third quarter 2026 results: EPS: JP¥1.92 (down from JP¥5.40 in 3Q 2025). Revenue: JP¥1.86b (up 15% from 3Q 2025). Net income: JP¥15.0m (down 63% from 3Q 2025). Profit margin: 0.8% (down from 2.5% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Jan 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 7.1% 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 High level of non-cash earnings (38% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (JP¥4.91b market cap, or US$31.0m). Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥627, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 12% over the past three years. Announcement • Dec 10
iRidge, Inc. to Report Q3, 2026 Results on Feb 10, 2026 iRidge, Inc. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: JP¥93.49 (vs JP¥10.96 in 2Q 2025) Second quarter 2026 results: EPS: JP¥93.49 (up from JP¥10.96 in 2Q 2025). Revenue: JP¥1.61b (down 7.1% from 2Q 2025). Net income: JP¥731.0m (up JP¥648.0m from 2Q 2025). Profit margin: 45% (up from 4.8% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
iRidge, Inc. to Report Q2, 2026 Results on Nov 10, 2025 iRidge, Inc. announced that they will report Q2, 2026 results on Nov 10, 2025 New Risk • Aug 10
New major risk - Revenue and earnings growth Earnings have declined by 54% 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 Risk Earnings have declined by 54% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥3.87b market cap, or US$26.2m). Reported Earnings • Jun 30
Full year 2025 earnings released: EPS: JP¥1.71 (vs JP¥162 loss in FY 2024) Full year 2025 results: EPS: JP¥1.71 (up from JP¥162 loss in FY 2024). Revenue: JP¥6.71b (up 17% from FY 2024). Net income: JP¥13.0m (up JP¥1.17b from FY 2024). Profit margin: 0.2% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Jun 27
iRidge, Inc. to Report Q1, 2026 Results on Aug 08, 2025 iRidge, Inc. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 12
Full year 2025 earnings released: JP¥1.32 loss per share (vs JP¥162 loss in FY 2024) Full year 2025 results: JP¥1.32 loss per share (improved from JP¥162 loss in FY 2024). Revenue: JP¥6.71b (up 17% from FY 2024). Net loss: JP¥10.0m (loss narrowed 99% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • May 09
iRidge, Inc., Annual General Meeting, Jun 25, 2025 iRidge, Inc., Annual General Meeting, Jun 25, 2025. Buy Or Sell Opportunity • May 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to JP¥486. The fair value is estimated to be JP¥610, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company became loss making. Announcement • Apr 25
TIS Inc. (TSE:3626) signed a letter of intent to acquire 86.04% stake in finnovalley co., Ltd. from iRidge, Inc. (TSE:3917). TIS Inc. (TSE:3626) signed a letter of intent to acquire 86.04% stake in finnovalley co., Ltd. from iRidge, Inc. (TSE:3917) on April 25, 2025. The transaction is expected to close in June 2025. Buy Or Sell Opportunity • Apr 04
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to JP¥480. The fair value is estimated to be JP¥624, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company became loss making. Announcement • Mar 28
iRidge, Inc. to Report Fiscal Year 2025 Results on May 09, 2025 iRidge, Inc. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥5.40 (vs JP¥3.07 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥5.40 (up from JP¥3.07 loss in 3Q 2024). Revenue: JP¥1.61b (up 13% from 3Q 2024). Net income: JP¥41.0m (up JP¥63.0m from 3Q 2024). Profit margin: 2.5% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Announcement • Feb 04
iRidge, Inc. announced that it has received ¥84.9758 million in funding from Hakuhodo Inc. On February 3, 2025, iRidge, Inc. closed the transaction. Announcement • Jan 17
iRidge, Inc. announced that it expects to receive ¥84.9758 million in funding from Hakuhodo Inc. iRidge, Inc. announced a private placement to issue 142,100 common shares at issue price of ¥598 per share for gross proceeds of ¥84,975,800 on January 16, 2025. The transaction includes participation from new investor, Hakuhodo Inc. The transaction will happen through third party allocation. The issue date will be February 3, 2025. The transaction has been approved at board of director meeting of the company. The company will bear issuance expenses of ¥5,000,000 and will receive net proceeds of ¥79,975,800. The estimated issuance expenses is the sum of legal fees and other administrative expenses (bank handling fees and change registration fees, etc. 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 (8.1% average weekly change). Minor Risks Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (JP¥4.57b market cap, or US$29.0m). Announcement • Jan 03
iRidge, Inc. to Report Q3, 2025 Results on Feb 07, 2025 iRidge, Inc. announced that they will report Q3, 2025 results on Feb 07, 2025 New Risk • Dec 24
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 7.6% 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 Share price has been highly volatile over the past 3 months (7.6% average weekly change). Earnings have declined by 68% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (JP¥4.28b market cap, or US$27.3m). Buy Or Sell Opportunity • Nov 20
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 8.1% to JP¥465. The fair value is estimated to be JP¥381, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 11
Second quarter 2025 earnings released: EPS: JP¥10.96 (vs JP¥11.92 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥10.96 (up from JP¥11.92 loss in 2Q 2024). Revenue: JP¥1.74b (up 33% from 2Q 2024). Net income: JP¥83.0m (up JP¥168.0m from 2Q 2024). Profit margin: 4.8% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. New Risk • Nov 08
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 6.4% 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 Earnings have declined by 64% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (JP¥3.62b market cap, or US$23.7m). Announcement • Sep 10
iRidge, Inc. to Report Q2, 2025 Results on Nov 08, 2024 iRidge, Inc. announced that they will report Q2, 2025 results on Nov 08, 2024 Board Change • Jul 05
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Tomohiro Somehara was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 28
iRidge, Inc. to Report Q1, 2025 Results on Aug 09, 2024 iRidge, Inc. announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • May 13
New major risk - Revenue and earnings growth Earnings have declined by 35% 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 Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (6.6% increase in shares outstanding). Market cap is less than US$100m (JP¥3.59b market cap, or US$23.1m). Reported Earnings • May 13
Full year 2024 earnings released: JP¥162 loss per share (vs JP¥24.87 profit in FY 2023) Full year 2024 results: JP¥162 loss per share (down from JP¥24.87 profit in FY 2023). Revenue: JP¥5.71b (up 5.4% from FY 2023). Net loss: JP¥1.16b (down JP¥1.33b from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • May 12
iRidge, Inc., Annual General Meeting, Jun 25, 2024 iRidge, Inc., Annual General Meeting, Jun 25, 2024. New Risk • May 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% 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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (6.6% increase in shares outstanding). Market cap is less than US$100m (JP¥3.87b market cap, or US$24.8m). Announcement • May 01
iRidge, Inc. announced that it has received ¥189.952 million in funding from DIP Corporation On April 30, 2024, iRidge, Inc. closed the transaction. Announcement • Mar 02
iRidge, Inc. to Report Fiscal Year 2024 Results on May 10, 2024 iRidge, Inc. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: JP¥3.07 loss per share (vs JP¥7.96 profit in 3Q 2023) Third quarter 2024 results: JP¥3.07 loss per share (down from JP¥7.96 profit in 3Q 2023). Revenue: JP¥1.43b (down 4.9% from 3Q 2023). Net loss: JP¥22.0m (down 139% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. New Risk • Feb 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 7.0% 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 (7.0% average weekly change). Market cap is less than US$100m (JP¥4.34b market cap, or US$29.3m). Announcement • Dec 28
iRidge, Inc. to Report Q3, 2024 Results on Feb 09, 2024 iRidge, Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: JP¥11.92 loss per share (vs JP¥4.13 profit in 2Q 2023) Second quarter 2024 results: JP¥11.92 loss per share (down from JP¥4.13 profit in 2Q 2023). Revenue: JP¥1.31b (up 12% from 2Q 2023). Net loss: JP¥85.0m (down 393% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Sep 23
iRidge, Inc. to Report Q2, 2024 Results on Nov 10, 2023 iRidge, Inc. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥21.87 loss per share (vs JP¥5.14 loss in 1Q 2023) First quarter 2024 results: JP¥21.87 loss per share (further deteriorated from JP¥5.14 loss in 1Q 2023). Revenue: JP¥1.12b (up 8.8% from 1Q 2023). Net loss: JP¥155.0m (loss widened 331% from 1Q 2023). 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 8% per year, which means it is significantly lagging earnings. Announcement • Jun 28
iRidge, Inc. to Report Q1, 2024 Results on Aug 10, 2023 iRidge, Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • May 14
iRidge, Inc., Annual General Meeting, Jun 27, 2023 iRidge, Inc., Annual General Meeting, Jun 27, 2023. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥7.96 (vs JP¥11.70 in 3Q 2022) Third quarter 2023 results: EPS: JP¥7.96 (down from JP¥11.70 in 3Q 2022). Revenue: JP¥1.50b (down 3.2% from 3Q 2022). Net income: JP¥56.0m (down 32% from 3Q 2022). Profit margin: 3.7% (down from 5.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Dec 28
iRidge, Inc. to Report Q3, 2023 Results on Feb 10, 2023 iRidge, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Buying Opportunity • Dec 02
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥927, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last year. Meanwhile, the company has become profitable. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥4.13 (vs JP¥7.46 in 2Q 2022) Second quarter 2023 results: EPS: JP¥4.13 (down from JP¥7.46 in 2Q 2022). Revenue: JP¥1.16b (down 9.2% from 2Q 2022). Net income: JP¥29.0m (down 44% from 2Q 2022). Profit margin: 2.5% (down from 4.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Tomohiro Somehara was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥4.13 (vs JP¥7.46 in 2Q 2022) Second quarter 2023 results: EPS: JP¥4.13 (down from JP¥7.46 in 2Q 2022). Revenue: JP¥1.16b (down 9.2% from 2Q 2022). Net income: JP¥29.0m (down 44% from 2Q 2022). Profit margin: 2.5% (down from 4.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Announcement • Sep 28
iRidge, Inc. to Report Q2, 2023 Results on Nov 11, 2022 iRidge, Inc. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 14
First quarter 2023 earnings released: JP¥5.14 loss per share (vs JP¥1.29 loss in 1Q 2022) First quarter 2023 results: JP¥5.14 loss per share (down from JP¥1.29 loss in 1Q 2022). Revenue: JP¥1.03b (down 9.5% from 1Q 2022). Net loss: JP¥36.0m (loss widened 300% from 1Q 2022). Announcement • Jun 29
iRidge, Inc. to Report Q1, 2023 Results on Aug 12, 2022 iRidge, Inc. announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥36.50 (vs JP¥1.78 in FY 2021) Full year 2022 results: EPS: JP¥36.50 (up from JP¥1.78 in FY 2021). Revenue: JP¥5.42b (up 24% from FY 2021). Net income: JP¥255.0m (up JP¥243.0m from FY 2021). Profit margin: 4.7% (up from 0.3% 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 122% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 15
iRidge, Inc., Annual General Meeting, Jun 27, 2022 iRidge, Inc., Annual General Meeting, Jun 27, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Audit & Supervisory Committee Members and Independent Outside Directors Takehiro Matsumoto was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
iRidge, Inc. to Report Fiscal Year 2022 Results on May 13, 2022 iRidge, Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥733, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 20x in the Software industry in Japan. Total loss to shareholders of 30% over the past three years. Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥11.70 (up from JP¥2.23 loss in 3Q 2021). Revenue: JP¥1.55b (up 50% from 3Q 2021). Net income: JP¥82.0m (up JP¥97.0m from 3Q 2021). Profit margin: 5.3% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 16
Second quarter 2022 earnings released: EPS JP¥7.46 (vs JP¥1.93 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.28b (up 16% from 2Q 2021). Net income: JP¥52.0m (up 300% from 2Q 2021). Profit margin: 4.1% (up from 1.2% in 2Q 2021). Is New 90 Day High Low • Mar 01
New 90-day low: JP¥976 The company is down 39% from its price of JP¥1,591 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 7.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: JP¥2.23 loss per share (vs JP¥1.64 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: JP¥1.03b (down 32% from 3Q 2020). Net loss: JP¥15.0m (loss widened 36% from 3Q 2020). Is New 90 Day High Low • Jan 26
New 90-day low: JP¥1,084 The company is down 14% from its price of JP¥1,262 on 28 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: JP¥1,591 The company is up 77% from its price of JP¥897 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 2.0% over the same period. Announcement • Sep 06
iRidge, Inc. to Report Q2, 2021 Results on Nov 13, 2020 iRidge, Inc. announced that they will report Q2, 2021 results on Nov 13, 2020 Announcement • Jun 29
iRidge, Inc. to Report Q1, 2021 Results on Aug 14, 2020 iRidge, Inc. announced that they will report Q1, 2021 results on Aug 14, 2020