Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,136, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 17x in the Software industry in Japan. Total returns to shareholders of 22% over the past three years. Announcement • Jun 03
Toyokumo, Inc. to Report Q2, 2026 Results on Aug 13, 2026 Toyokumo, Inc. announced that they will report Q2, 2026 results on Aug 13, 2026 Reported Earnings • May 19
First quarter 2026 earnings released: EPS: JP¥36.68 (vs JP¥20.11 in 1Q 2025) First quarter 2026 results: EPS: JP¥36.68 (up from JP¥20.11 in 1Q 2025). Revenue: JP¥1.39b (up 29% from 1Q 2025). Net income: JP¥401.0m (up 83% from 1Q 2025). Profit margin: 29% (up from 20% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Apr 17
Toyokumo, Inc. announced that it has received funding from MOCULA Inc. Toyokumo, Inc. announced a private placement of common shares on April 15, 2026. The transaction included participation from new investor MOCULA Inc. The transaction has been approved at board of directors’ meeting of the company. The transaction will happen through third party allocation. Reported Earnings • Mar 29
Full year 2025 earnings released: EPS: JP¥99.31 (vs JP¥77.14 in FY 2024) Full year 2025 results: EPS: JP¥99.31 (up from JP¥77.14 in FY 2024). Revenue: JP¥4.86b (up 54% from FY 2024). Net income: JP¥1.09b (up 29% from FY 2024). Profit margin: 22% (down from 27% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥99.31 (vs JP¥77.14 in FY 2024) Full year 2025 results: EPS: JP¥99.31 (up from JP¥77.14 in FY 2024). Revenue: JP¥4.86b (up 54% from FY 2024). Net income: JP¥1.09b (up 29% from FY 2024). Profit margin: 22% (down from 27% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Feb 10
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 5.6% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jan 21
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥2,613. The fair value is estimated to be JP¥3,351, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 30%. Buy Or Sell Opportunity • Jan 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to JP¥2,696. The fair value is estimated to be JP¥3,385, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 30%. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Buy Or Sell Opportunity • Dec 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to JP¥2,665. The fair value is estimated to be JP¥3,360, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 30%. Announcement • Dec 03
Toyokumo, Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026 Toyokumo, Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026 Buy Or Sell Opportunity • Nov 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to JP¥2,713. The fair value is estimated to be JP¥3,412, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 30%. Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: JP¥26.29 (vs JP¥23.68 in 3Q 2024) Third quarter 2025 results: EPS: JP¥26.29 (up from JP¥23.68 in 3Q 2024). Revenue: JP¥1.27b (up 41% from 3Q 2024). Net income: JP¥288.0m (up 11% from 3Q 2024). Profit margin: 23% (down from 29% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 27% per year. Announcement • Sep 01
Toyokumo, Inc. to Report Q3, 2025 Results on Nov 13, 2025 Toyokumo, Inc. announced that they will report Q3, 2025 results on Nov 13, 2025 Declared Dividend • Aug 15
Dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 17%. Buy Or Sell Opportunity • Jun 30
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 36% to JP¥3,180. The fair value is estimated to be JP¥2,590, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last year. Earnings per share has grown by 32%. Announcement • Jun 03
Toyokumo, Inc. to Report Q2, 2025 Results on Aug 13, 2025 Toyokumo, Inc. announced that they will report Q2, 2025 results on Aug 13, 2025 Buy Or Sell Opportunity • Jun 03
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to JP¥3,310. The fair value is estimated to be JP¥2,563, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last year. Earnings per share has grown by 32%. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥2,710, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 96% over the past three years. New Risk • Apr 07
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 7.8% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,034, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 18x in the Software industry in Japan. Total returns to shareholders of 32% over the past three years. Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: JP¥77.14 (vs JP¥59.57 in FY 2023) Full year 2024 results: EPS: JP¥77.14 (up from JP¥59.57 in FY 2023). Revenue: JP¥3.15b (up 29% from FY 2023). Net income: JP¥841.0m (up 33% from FY 2023). Profit margin: 27% (in line with FY 2023). 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 14% per year, which means it is significantly lagging earnings growth. Announcement • Mar 04
Toyokumo, Inc. to Report Q1, 2025 Results on May 14, 2025 Toyokumo, Inc. announced that they will report Q1, 2025 results on May 14, 2025 Reported Earnings • Feb 15
Full year 2024 earnings released: EPS: JP¥77.14 (vs JP¥59.57 in FY 2023) Full year 2024 results: EPS: JP¥77.14 (up from JP¥59.57 in FY 2023). Revenue: JP¥3.15b (up 29% from FY 2023). Net income: JP¥841.0m (up 33% from FY 2023). Profit margin: 27% (in line with FY 2023). 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 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥2,580, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 21x in the Software industry in Japan. Total returns to shareholders of 64% over the past three years. Announcement • Jan 08
Toyokumo, Inc. (TSE:4058) completed the acquisition of Project mode, Inc. from shareholders. Toyokumo, Inc. (TSE:4058) agreed to acquire Project mode, Inc. from shareholders on December 13, 2024. The date of board of directors of Toyokumo resolution is December 13, 2024. In this transaction, Toyokumo will acquire 0.0005 million shares in Project mode. For the period ending December 31, 2023, Project mode had reported total revenue of ¥265 million, EBIT of ¥57 million and net income of ¥39 million, total assets of ¥230 million and total common equity of ¥76 million. The expected completion of the transaction is January 8, 2025. As of December 25, 2024, The parties to the agreement have entered into Share Purchase agreement.
Toyokumo, Inc. (TSE:4058) completed the acquisition of Project mode, Inc. from shareholders on January 8, 2025. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.3%). Announcement • Dec 03
Toyokumo, Inc. to Report Fiscal Year 2024 Results on Feb 13, 2025 Toyokumo, Inc. announced that they will report fiscal year 2024 results on Feb 13, 2025 Announcement • Nov 14
Toyokumo, Inc. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2024 Toyokumo, Inc. revised consolidated earnings guidance for the year ending December 31, 2024. For the year, the company expects net sales to be JPY 3,100 million against previous guidance of JPY 3,000 million. Operating profit to be JPY 1,100 million against previous guidance of JPY 1,000 million. Profit attributable to owners of parent to be JPY 760 million against previous guidance of JPY 690 million. Earnings per share to be JPY 69.71 against previous guidance of JPY 63.29. Buy Or Sell Opportunity • Nov 14
Now 22% undervalued Over the last 90 days, the stock has risen 2.9% to JP¥1,852. The fair value is estimated to be JP¥2,387, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 59% in the next 2 years. New Risk • Nov 07
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 7.9% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Oct 22
Now 21% undervalued Over the last 90 days, the stock has risen 10% to JP¥1,943. The fair value is estimated to be JP¥2,456, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 59% in the next 2 years. Announcement • Sep 03
Toyokumo, Inc. to Report Q3, 2024 Results on Nov 13, 2024 Toyokumo, Inc. announced that they will report Q3, 2024 results on Nov 13, 2024 Buy Or Sell Opportunity • Aug 28
Now 21% undervalued Over the last 90 days, the stock has risen 41% to JP¥1,973. The fair value is estimated to be JP¥2,492, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 59% in the next 2 years. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: JP¥19.00 (vs JP¥17.66 in 2Q 2023) Second quarter 2024 results: EPS: JP¥19.00 (up from JP¥17.66 in 2Q 2023). Revenue: JP¥750.0m (up 28% from 2Q 2023). Net income: JP¥207.0m (up 10% from 2Q 2023). Profit margin: 28% (down from 32% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 13
Toyokumo, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024 Toyokumo, Inc. provided consolidated earnings guidance for the year ending December 31, 2024. For the year, the company expects net sales of JPY 3,000 million, operating profit of JPY 1,000 million, profit attributable to owners of parent of JPY 690 million and earnings per share of JPY 63.31. Declared Dividend • Aug 11
Dividend increased to JP¥14.00 Dividend of JP¥14.00 is 40% higher than last year. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 0.9%, which is lower than the industry average of 1.4%. Sustainability & Growth New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.2b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Market cap is less than US$100m (JP¥14.2b market cap, or US$99.4m). Buy Or Sell Opportunity • Aug 05
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥1,287. The fair value is estimated to be JP¥1,717, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 56% in the next 2 years. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,482, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Software industry in Japan. Total loss to shareholders of 23% over the past three years. New Risk • Jul 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 7.3% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jul 16
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 32% to JP¥1,894. The fair value is estimated to be JP¥1,525, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 56% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,673, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Software industry in Japan. Total loss to shareholders of 26% over the past three years. New Risk • Jun 12
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¥15.5b market cap, or US$98.4m). Announcement • Jun 02
Toyokumo, Inc. to Report Q2, 2024 Results on Aug 09, 2024 Toyokumo, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: EPS: JP¥16.47 (vs JP¥18.65 in 1Q 2023) First quarter 2024 results: EPS: JP¥16.47 (down from JP¥18.65 in 1Q 2023). Revenue: JP¥698.0m (up 26% from 1Q 2023). Net income: JP¥179.0m (down 4.3% from 1Q 2023). Profit margin: 26% (down from 34% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • May 16
Toyokumo, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024 Toyokumo, Inc. provided consolidated earnings guidance for the year ending December 31, 2024. For the year, the company expects net sales to be JPY 3,000 million. Operating profit to be JPY 1,000 million. Profit attributable to owners of parent to be JPY 690 million. Earnings per share to be JPY 63.48. Announcement • Feb 29
Toyokumo, Inc. to Report Q1, 2024 Results on May 14, 2024 Toyokumo, Inc. announced that they will report Q1, 2024 results on May 14, 2024 Buy Or Sell Opportunity • Feb 27
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to JP¥1,725. The fair value is estimated to be JP¥1,416, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 21%. Announcement • Feb 16
Toyokumo, Inc., Annual General Meeting, Mar 27, 2024 Toyokumo, Inc., Annual General Meeting, Mar 27, 2024. Reported Earnings • Feb 15
Full year 2023 earnings released: EPS: JP¥59.57 (vs JP¥42.19 in FY 2022) Full year 2023 results: EPS: JP¥59.57 (up from JP¥42.19 in FY 2022). Revenue: JP¥2.43b (up 26% from FY 2022). Net income: JP¥631.0m (up 48% from FY 2022). Profit margin: 26% (up from 22% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥10.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 28 March 2024. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.5%). Announcement • Dec 05
Toyokumo, Inc. to Report Fiscal Year 2023 Results on Feb 13, 2024 Toyokumo, Inc. announced that they will report fiscal year 2023 results on Feb 13, 2024 Reported Earnings • Nov 16
Third quarter 2023 earnings released: EPS: JP¥7.76 (vs JP¥8.19 in 3Q 2022) Third quarter 2023 results: EPS: JP¥7.76. Revenue: JP¥622.0m (up 25% from 3Q 2022). Net income: JP¥84.0m (up 1.2% from 3Q 2022). Profit margin: 14% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. New Risk • Nov 02
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 5.4% 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: Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Shareholders have been diluted in the past year (9.7% increase in shares outstanding). New Risk • Oct 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (7.9% increase in shares outstanding). Market cap is less than US$100m (JP¥14.9b market cap, or US$99.3m). Announcement • Aug 30
Toyokumo, Inc. to Report Q3, 2023 Results on Nov 13, 2023 Toyokumo, Inc. announced that they will report Q3, 2023 results on Nov 13, 2023 Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: JP¥17.66 (vs JP¥13.29 in 2Q 2022) Second quarter 2023 results: EPS: JP¥17.66 (up from JP¥13.29 in 2Q 2022). Revenue: JP¥587.0m (up 25% from 2Q 2022). Net income: JP¥188.0m (up 39% from 2Q 2022). Profit margin: 32% (up from 29% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Japan. Announcement • May 24
Toyokumo, Inc. to Report Q2, 2023 Results on Aug 10, 2023 Toyokumo, Inc. announced that they will report Q2, 2023 results on Aug 10, 2023 Reported Earnings • May 17
First quarter 2023 earnings released: EPS: JP¥18.65 (vs JP¥13.97 in 1Q 2022) First quarter 2023 results: EPS: JP¥18.65 (up from JP¥13.97 in 1Q 2022). Revenue: JP¥555.0m (up 26% from 1Q 2022). Net income: JP¥187.0m (up 32% from 1Q 2022). Profit margin: 34% (up from 32% in 1Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,878, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 23x in the Software industry in Japan. Total returns to shareholders of 25% over the past year. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: JP¥42.19 (vs JP¥28.17 in FY 2021) Full year 2022 results: EPS: JP¥42.19 (up from JP¥28.17 in FY 2021). Revenue: JP¥1.94b (up 23% from FY 2021). Net income: JP¥427.0m (up 49% from FY 2021). Profit margin: 22% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Announcement • Feb 15
Toyokumo, Inc. Announces Dividend for the Year Ended December 31, 2022, Payable on March 28, 2023; Provides Dividend Guidance for the Year Ending December 31, 2023 Toyokumo, Inc. announced dividend of JPY 7.00 per share for the year ended December 31, 2022 as compared to paid dividend of JPY 5.00 per share a year ago. Scheduled date to commence dividend payment is March 28, 2023.For the year ending December 31, 2023, the company expected dividend of JPY 10.00 per share as compared to dividend of JPY 7.00 per share a year ago. Reported Earnings • Feb 15
Full year 2022 earnings released: EPS: JP¥42.19 (vs JP¥28.17 in FY 2021) Full year 2022 results: EPS: JP¥42.19 (up from JP¥28.17 in FY 2021). Revenue: JP¥1.94b (up 23% from FY 2021). Net income: JP¥427.0m (up 49% from FY 2021). Profit margin: 22% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,336, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 24x in the Software industry in Japan. Total loss to shareholders of 21% over the past year. Upcoming Dividend • Dec 22
Inaugural dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. This is the first dividend for Toyokumo since going public. The average dividend yield among industry peers is 1.9%. Announcement • Dec 06
Toyokumo, Inc. to Report Fiscal Year 2022 Results on Feb 13, 2023 Toyokumo, Inc. announced that they will report fiscal year 2022 results on Feb 13, 2023 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. 6 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Director Marketing Division Tomohiko Tasato was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: JP¥8.19 (vs JP¥5.90 in 3Q 2021) Third quarter 2022 results: EPS: JP¥8.19 (up from JP¥5.90 in 3Q 2021). Revenue: JP¥497.0m (up 20% from 3Q 2021). Net income: JP¥83.0m (up 38% from 3Q 2021). Profit margin: 17% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: JP¥8.19 (vs JP¥5.90 in 3Q 2021) Third quarter 2022 results: EPS: JP¥8.19 (up from JP¥5.90 in 3Q 2021). Revenue: JP¥497.0m (up 20% from 3Q 2021). Net income: JP¥83.0m (up 38% from 3Q 2021). Profit margin: 17% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Announcement • Sep 16
Toyokumo, Inc. (TSE:4058) announces an Equity Buyback for 137,000 shares, representing 1.35% for ¥199.47 million. Toyokumo, Inc. (TSE:4058) announces a share repurchase program. Under the program, the company will repurchase up to 137,000 shares, representing 1.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥199.47 million. The shares will be repurchased at a price of ¥1,456 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of September 15, 2022, the company has 10,162,000 issued shares (excluding treasury stock) and 110 treasury shares. Announcement • Aug 28
Toyokumo, Inc. to Report Q3, 2022 Results on Nov 11, 2022 Toyokumo, Inc. announced that they will report Q3, 2022 results on Nov 11, 2022 Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: JP¥13.29 (vs JP¥9.95 in 2Q 2021) Second quarter 2022 results: EPS: JP¥13.29 (up from JP¥9.95 in 2Q 2021). Revenue: JP¥468.0m (up 23% from 2Q 2021). Net income: JP¥135.0m (up 34% from 2Q 2021). Profit margin: 29% (up from 26% in 2Q 2021). The increase in margin was driven by higher revenue. Announcement • May 29
Toyokumo, Inc. to Report Q2, 2022 Results on Aug 10, 2022 Toyokumo, Inc. announced that they will report Q2, 2022 results on Aug 10, 2022 Reported Earnings • May 16
First quarter 2022 earnings released: EPS: JP¥13.97 (vs JP¥9.86 in 1Q 2021) First quarter 2022 results: EPS: JP¥13.97 (up from JP¥9.86 in 1Q 2021). Revenue: JP¥439.0m (up 30% from 1Q 2021). Net income: JP¥142.0m (up 42% from 1Q 2021). Profit margin: 32% (up from 30% in 1Q 2021). The increase in margin was driven by higher revenue. 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. 6 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Director Marketing Division Tomohiko Tasato was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
Toyokumo, Inc. to Report Q1, 2022 Results on May 12, 2022 Toyokumo, Inc. announced that they will report Q1, 2022 results on May 12, 2022