Reported Earnings • May 20
Second quarter 2026 earnings released: EPS: JP¥1.92 (vs JP¥0.70 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥1.92 (up from JP¥0.70 loss in 2Q 2025). Revenue: JP¥2.22b (up 169% from 2Q 2025). Net income: JP¥22.0m (up JP¥30.0m from 2Q 2025). Profit margin: 1.0% (up from net loss in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 16
First quarter 2026 earnings released: JP¥5.49 loss per share (vs JP¥1.58 loss in 1Q 2025) First quarter 2026 results: JP¥5.49 loss per share (further deteriorated from JP¥1.58 loss in 1Q 2025). Revenue: JP¥985.0m (up 34% from 1Q 2025). Net loss: JP¥63.0m (loss widened 250% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. New Risk • Jan 16
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 6.8% 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: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥3.85b market cap, or US$24.4m). Reported Earnings • Dec 25
Full year 2025 earnings released: EPS: JP¥1.58 (vs JP¥4.67 in FY 2024) Full year 2025 results: EPS: JP¥1.58 (down from JP¥4.67 in FY 2024). Revenue: JP¥3.02b (down 3.5% from FY 2024). Net income: JP¥18.0m (down 66% from FY 2024). Profit margin: 0.6% (down from 1.7% in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 18
Full year 2025 earnings released: EPS: JP¥1.58 (vs JP¥4.67 in FY 2024) Full year 2025 results: EPS: JP¥1.58 (down from JP¥4.67 in FY 2024). Revenue: JP¥3.02b (down 3.5% from FY 2024). Net income: JP¥18.0m (down 66% from FY 2024). Profit margin: 0.6% (down from 1.7% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Announcement • Nov 14
Hybrid Technologies Co., Ltd., Annual General Meeting, Dec 22, 2025 Hybrid Technologies Co., Ltd., Annual General Meeting, Dec 22, 2025. Announcement • Aug 29
Hybrid Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Nov 14, 2025 Hybrid Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Nov 14, 2025 Reported Earnings • Aug 16
Third quarter 2025 earnings released: EPS: JP¥2.72 (vs JP¥2.37 in 3Q 2024) Third quarter 2025 results: EPS: JP¥2.72 (up from JP¥2.37 in 3Q 2024). Revenue: JP¥755.0m (down 6.3% from 3Q 2024). Net income: JP¥31.0m (up 15% from 3Q 2024). Profit margin: 4.1% (up from 3.3% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Announcement • Aug 15
Hybrid Technologies Co., Ltd. (TSE:4260) agreed to acquire Hybrid Business Consulting Co., Ltd. from Nobu Inatsu for ¥320 million. Hybrid Technologies Co., Ltd. (TSE:4260) agreed to acquire Hybrid Business Consulting Co., Ltd. from Nobu Inatsu for ¥320 million on August 14, 2025. A cash consideration of ¥320 million will be paid by Hybrid Technologies Co., Ltd. As part of consideration, ¥320 million is paid towards common equity of Hybrid Business Consulting Co., Ltd. The expected completion of the transaction is August 15, 2025. Reported Earnings • May 21
Second quarter 2025 earnings released: JP¥0.70 loss per share (vs JP¥3.26 profit in 2Q 2024) Second quarter 2025 results: JP¥0.70 loss per share (down from JP¥3.26 profit in 2Q 2024). Revenue: JP¥824.0m (up 8.6% from 2Q 2024). Net loss: JP¥8.00m (down 122% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 16
First quarter 2025 earnings released: JP¥1.58 loss per share (vs JP¥5.94 profit in 1Q 2024) First quarter 2025 results: JP¥1.58 loss per share (down from JP¥5.94 profit in 1Q 2024). Revenue: JP¥737.0m (down 11% from 1Q 2024). Net loss: JP¥18.0m (down 127% from profit in 1Q 2024). New Risk • Dec 31
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 5.0% 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 (5.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥4.79b market cap, or US$30.4m). Reported Earnings • Dec 28
Full year 2024 earnings released: EPS: JP¥4.67 (vs JP¥14.38 in FY 2023) Full year 2024 results: EPS: JP¥4.67 (down from JP¥14.38 in FY 2023). Revenue: JP¥3.14b (up 7.9% from FY 2023). Net income: JP¥53.0m (down 67% from FY 2023). Profit margin: 1.7% (down from 5.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 19% per year. Announcement • Dec 18
Hybrid Technologies Co., Ltd. (TSE:4260) signed a letter of intent to acquire 40% stake in Ngs Consulting Joint Stock Company from Ngs Telecommunication & Equipment Joint Stock Company for approximately ¥340 million Hybrid Technologies Co., Ltd. (TSE:4260) signed a letter of intent to acquire 40% stake in Ngs Consulting Joint Stock Company from Ngs Telecommunication & Equipment Joint Stock Company for approximately ¥340 million on December 16, 2024. A cash consideration of ¥335 million will be paid by Hybrid Technologies Co., Ltd. As part of consideration, ¥335 million is paid towards common equity of Ngs Consulting Joint Stock Company.
The expected completion of the transaction is late February, 2025. New Risk • Nov 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 5.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥4.89b market cap, or US$31.7m). Announcement • Nov 14
Hybrid Technologies Co., Ltd., Annual General Meeting, Dec 23, 2024 Hybrid Technologies Co., Ltd., Annual General Meeting, Dec 23, 2024. Announcement • Aug 29
Hybrid Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Nov 14, 2024 Hybrid Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Nov 14, 2024 Buy Or Sell Opportunity • Aug 14
Now 21% overvalued Over the last 90 days, the stock has fallen 1.9% to JP¥520. The fair value is estimated to be JP¥428, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last year. Earnings per share has declined by 3.3%. 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 7.1% 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: 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¥4.75b market cap, or US$33.3m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥417, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 43% over the past year. Announcement • Jul 17
Hybrid Technologies Co., Ltd. (TSE:4260) agreed to acquire 80% stake in Docodoor Co., Ltd. from Homma Takayuki. Hybrid Technologies Co., Ltd. (TSE:4260) agreed to acquire 80% stake in Docodoor Co., Ltd. from Homma Takayuki for approximately ¥210 million on July 16, 2024. For the period ending December 31, 2023, Docodoor Co., Ltd. reported EBIT of ¥1.62 million and net loss of ¥75.25 million. As of December 31, 2023, Docodoor Co., Ltd. reported total assets of ¥184.1 million and net liabilities of ¥93.92 million. The expected completion of the transaction is July 17, 2024. Reported Earnings • May 20
Second quarter 2024 earnings released: EPS: JP¥3.26 (vs JP¥2.17 in 2Q 2023) Second quarter 2024 results: EPS: JP¥3.26 (up from JP¥2.17 in 2Q 2023). Revenue: JP¥759.0m (up 21% from 2Q 2023). Net income: JP¥37.0m (up 54% from 2Q 2023). Profit margin: 4.9% (up from 3.8% in 2Q 2023). The increase in margin was driven by higher revenue. Announcement • Apr 03
Hybrid Technologies Co., Ltd. (TSE:4260) completed the acquisition of 67% stake in Wur Inc. from Rio Uruma. Hybrid Technologies Co., Ltd. (TSE:4260) agreed to acquire 67% stake in Wur Inc. from Rio Uruma on March 27, 2024. The transaction is expected to close on April 1, 2024.Hybrid Technologies Co., Ltd. (TSE:4260) completed the acquisition of 67% stake in Wur Inc. from Rio Uruma on April 1, 2024. Announcement • Mar 29
Hybrid Technologies Co., Ltd. (TSE:4260) agreed to acquire 67% stake in Wur Inc. from Rio Uruma. Hybrid Technologies Co., Ltd. (TSE:4260) agreed to acquire 67% stake in Wur Inc. from Rio Uruma on March 27, 2024. The transaction is expected to close on April 1, 2024. Buy Or Sell Opportunity • Mar 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.7% to JP¥545. The fair value is estimated to be JP¥697, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last year. Earnings per share has declined by 24%. Reported Earnings • Feb 16
First quarter 2024 earnings released: EPS: JP¥5.94 (vs JP¥3.37 in 1Q 2023) First quarter 2024 results: EPS: JP¥5.94 (up from JP¥3.37 in 1Q 2023). Revenue: JP¥825.0m (up 19% from 1Q 2023). Net income: JP¥67.0m (up 81% from 1Q 2023). Profit margin: 8.1% (up from 5.3% in 1Q 2023). The increase in margin was driven by higher revenue. Reported Earnings • Nov 18
Full year 2023 earnings released: EPS: JP¥14.38 (vs JP¥24.17 in FY 2022) Full year 2023 results: EPS: JP¥14.38 (down from JP¥24.17 in FY 2022). Revenue: JP¥2.91b (up 21% from FY 2022). Net income: JP¥160.0m (down 36% from FY 2022). Profit margin: 5.5% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Nov 17
Hybrid Technologies Co., Ltd., Annual General Meeting, Dec 22, 2023 Hybrid Technologies Co., Ltd., Annual General Meeting, Dec 22, 2023. Announcement • Sep 02
Hybrid Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Nov 14, 2023 Hybrid Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Nov 14, 2023 New Risk • Aug 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (4.4% net profit margin). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (JP¥6.93b market cap, or US$47.5m). Reported Earnings • Aug 16
Third quarter 2023 earnings released: EPS: JP¥2.32 (vs JP¥9.84 in 3Q 2022) Third quarter 2023 results: EPS: JP¥2.32 (down from JP¥9.84 in 3Q 2022). Revenue: JP¥757.0m (up 15% from 3Q 2022). Net income: JP¥26.0m (down 76% from 3Q 2022). Profit margin: 3.4% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. New Risk • Jul 10
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 7.7% 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 Risk Share price has been highly volatile over the past 3 months (7.7% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (JP¥8.05b market cap, or US$56.6m). New Risk • Jun 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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 (7.4% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (JP¥8.88b market cap, or US$62.0m). Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥808, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 65% over the past year. Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥745, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 34% over the past year. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥932, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 90% over the past year. Announcement • Feb 01
Hybrid Technologies Co., Ltd. (TSE:4260) agreed to acquire Casley Consulting, Inc. from Casley Holdings, Inc. for ¥300 million. Hybrid Technologies Co., Ltd. (TSE:4260) agreed to acquire Casley Consulting, Inc. from Casley Holdings, Inc. for ¥300 million on January 31, 2023. As a part of transaction, Hybrid acquires 999 shares. The transaction is expected to complete on April 3, 2023. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥957, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 21% over the past year. Announcement • Nov 16
Hybrid Technologies Co., Ltd., Annual General Meeting, Dec 26, 2022 Hybrid Technologies Co., Ltd., Annual General Meeting, Dec 26, 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. 8 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,017, the stock trades at a trailing P/E ratio of 49.2x. Average trailing P/E is 17x in the IT industry in Japan. Announcement • Sep 28
Hybrid Technologies Co., Ltd. to Report Fiscal Year 2022 Results on Nov 14, 2022 Hybrid Technologies Co., Ltd. announced that they will report fiscal year 2022 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥882, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 18x in the IT industry in Japan. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 25% share price gain to JP¥801, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 18x in the IT industry in Japan. Announcement • May 29
Hybrid Technologies Co., Ltd. to Report Q3, 2022 Results on Aug 12, 2022 Hybrid Technologies Co., Ltd. announced that they will report Q3, 2022 results on Aug 12, 2022 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. 8 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . 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
Hybrid Technologies Co., Ltd. to Report Q2, 2022 Results on May 13, 2022 Hybrid Technologies Co., Ltd. announced that they will report Q2, 2022 results on May 13, 2022 Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorated over the past week After last week's 23% share price decline to JP¥527, the stock trades at a trailing P/E ratio of 75.6x. Average trailing P/E is 20x in the IT industry in Japan. Announcement • Dec 24
Hybrid Technologies Co., Ltd. has completed an IPO in the amount of ¥1.33435 billion. Hybrid Technologies Co., Ltd. has completed an IPO in the amount of ¥1.33435 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,668,700
Price\Range: ¥500
Discount Per Security: ¥40 Board Change • Dec 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.