New Risk • Apr 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.36b (US$8.51m) This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 14% per year over the past 5 years. Market cap is less than US$10m (JP¥1.36b market cap, or US$8.51m). Reported Earnings • Feb 11
Third quarter 2026 earnings released: JP¥12.26 loss per share (vs JP¥10.51 loss in 3Q 2025) Third quarter 2026 results: JP¥12.26 loss per share (further deteriorated from JP¥10.51 loss in 3Q 2025). Revenue: JP¥387.0m (down 13% from 3Q 2025). Net loss: JP¥43.0m (loss widened 27% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Announcement • Dec 27
BeMap, Inc. to Report Q3, 2026 Results on Feb 10, 2026 BeMap, Inc. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: JP¥26.86 loss per share (vs JP¥25.97 loss in 2Q 2025) Second quarter 2026 results: JP¥26.86 loss per share (further deteriorated from JP¥25.97 loss in 2Q 2025). Revenue: JP¥367.0m (up 27% from 2Q 2025). Net loss: JP¥94.0m (loss widened 12% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 04
BeMap, Inc. to Report Q2, 2026 Results on Nov 11, 2025 BeMap, Inc. announced that they will report Q2, 2026 results on Nov 11, 2025 Reported Earnings • Aug 15
First quarter 2026 earnings released: JP¥36.20 loss per share (vs JP¥36.18 loss in 1Q 2025) First quarter 2026 results: JP¥36.20 loss per share (further deteriorated from JP¥36.18 loss in 1Q 2025). Revenue: JP¥284.0m (up 23% from 1Q 2025). Net loss: JP¥125.0m (loss widened 6.8% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 02
BeMap, Inc. to Report Q1, 2026 Results on Aug 13, 2025 BeMap, Inc. announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • May 19
Full year 2025 earnings released: JP¥55.32 loss per share (vs JP¥47.93 profit in FY 2024) Full year 2025 results: JP¥55.32 loss per share (down from JP¥47.93 profit in FY 2024). Revenue: JP¥1.49b (down 6.5% from FY 2024). Net loss: JP¥179.0m (down 215% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • May 14
BeMap, Inc., Annual General Meeting, Jun 26, 2025 BeMap, Inc., Annual General Meeting, Jun 26, 2025. Announcement • Mar 28
BeMap, Inc. announced that it expects to receive ¥92.412 million in funding BeMap, Inc announced a private placement to issue 256,700 shares at an issue price of ¥360 per share for gross proceeds of ¥92,412,000 on March 27, 2025. The transaction will include participation from new investor HAMA Medical Service Co., Ltd. This third-party allotment of new shares is conditional on the effectiveness of the securities notification pursuant to the Financial Instruments and Exchange Act. The company has announced that it has disclosed the issue expenses ¥1,500,000 and net proceeds of ¥90,912,000. The transaction has been approved by shareholders and is expected to close on April 17, 2025. New Risk • Mar 14
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: Major Risks Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (JP¥1.40b market cap, or US$9.43m). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Mar 02
BeMap, Inc. to Report Fiscal Year 2025 Results on May 14, 2025 BeMap, Inc. announced that they will report fiscal year 2025 results on May 14, 2025 New Risk • Feb 14
New major risk - Revenue and earnings growth Earnings have declined by 22% 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 Risks Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (JP¥1.22b market cap, or US$7.97m). Reported Earnings • Feb 14
Third quarter 2025 earnings released: JP¥10.51 loss per share (vs JP¥56.28 profit in 3Q 2024) Third quarter 2025 results: JP¥10.51 loss per share (down from JP¥56.28 profit in 3Q 2024). Revenue: JP¥446.0m (up 27% from 3Q 2024). Net loss: JP¥34.0m (down 119% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 18
Second quarter 2025 earnings released: JP¥25.97 loss per share (vs JP¥24.12 loss in 2Q 2024) Second quarter 2025 results: JP¥25.97 loss per share (further deteriorated from JP¥24.12 loss in 2Q 2024). Revenue: JP¥288.0m (down 13% from 2Q 2024). Net loss: JP¥84.0m (loss widened 7.7% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Nov 09
BeMap, Inc. to Report Q3, 2025 Results on Feb 12, 2025 BeMap, Inc. announced that they will report Q3, 2025 results on Feb 12, 2025 Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥413, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 30% over the past three years. Announcement • Sep 27
BeMap, Inc. to Report Q2, 2025 Results on Nov 12, 2024 BeMap, Inc. announced that they will report Q2, 2025 results on Nov 12, 2024 Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥571, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 1.2% over the past three years. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥436, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 25% over the past three years. Reported Earnings • Aug 11
First quarter 2025 earnings released: JP¥36.18 loss per share (vs JP¥5.88 loss in 1Q 2024) First quarter 2025 results: JP¥36.18 loss per share (further deteriorated from JP¥5.88 loss in 1Q 2024). Revenue: JP¥231.0m (down 31% from 1Q 2024). Net loss: JP¥117.0m (loss widened JP¥98.0m from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥301, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 50% over the past three years. Announcement • Jul 04
BeMap, Inc. to Report Q1, 2025 Results on Aug 09, 2024 BeMap, Inc. announced that they will report Q1, 2025 results on Aug 09, 2024 Board Change • Jul 01
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. 1 experienced director. 6 highly experienced directors. Independent Outside Director Tadao Kobayashi was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥47.93 (vs JP¥69.31 loss in FY 2023) Full year 2024 results: EPS: JP¥47.93 (up from JP¥69.31 loss in FY 2023). Revenue: JP¥1.60b (up 53% from FY 2023). Net income: JP¥155.0m (up JP¥379.0m from FY 2023). Profit margin: 9.7% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • May 16
BeMap, Inc., Annual General Meeting, Jun 27, 2024 BeMap, Inc., Annual General Meeting, Jun 27, 2024. New Risk • Apr 24
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 6.5% 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 (6.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.60b market cap, or US$10.3m). Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥494, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 22% over the past three years. Announcement • Apr 05
BeMap, Inc. (TSE:4316) and Y&N Brothers acquired an additional unknown stake in MMS Marketing Co., Ltd. BeMap, Inc. (TSE:4316) and Y&N Brothers acquired an additional unknown stake in MMS Marketing Co., Ltd. on April 1, 2024. post transaction, BeMap, Inc. held 61% and Y&N Brothers held 30%.
BeMap, Inc. (TSE:4316) and Y&N Brothers completed the acquisition of an additional unknown stake in MMS Marketing Co., Ltd. on April 1, 2024. Announcement • Mar 09
BeMap, Inc. to Report Fiscal Year 2024 Results on May 14, 2024 BeMap, Inc. announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥56.28 (vs JP¥17.93 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥56.28 (up from JP¥17.93 loss in 3Q 2023). Revenue: JP¥351.0m (up 65% from 3Q 2023). Net income: JP¥182.0m (up JP¥240.0m from 3Q 2023). Profit margin: 52% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Dec 07
BeMap, Inc. to Report Q3, 2024 Results on Feb 09, 2024 BeMap, Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: JP¥24.12 loss per share (vs JP¥21.36 loss in 2Q 2023) Second quarter 2024 results: JP¥24.12 loss per share (further deteriorated from JP¥21.36 loss in 2Q 2023). Revenue: JP¥332.0m (up 46% from 2Q 2023). Net loss: JP¥78.0m (loss widened 13% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Announcement • Sep 07
BeMap, Inc. to Report Q2, 2024 Results on Nov 10, 2023 BeMap, Inc. announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Aug 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.44b (US$9.91m) This is considered a major 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 Risks Earnings have declined by 62% per year over the past 5 years. Market cap is less than US$10m (JP¥1.44b market cap, or US$9.91m). Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥5.88 loss per share (vs JP¥29.12 loss in 1Q 2023) First quarter 2024 results: JP¥5.88 loss per share (improved from JP¥29.12 loss in 1Q 2023). Revenue: JP¥334.0m (up 80% from 1Q 2023). Net loss: JP¥19.0m (loss narrowed 80% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
BeMap, Inc. to Report Q1, 2024 Results on Aug 10, 2023 BeMap, Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: JP¥69.31 loss per share (vs JP¥48.05 loss in FY 2022) Full year 2023 results: JP¥69.31 loss per share (further deteriorated from JP¥48.05 loss in FY 2022). Revenue: JP¥1.04b (up 2.1% from FY 2022). Net loss: JP¥224.0m (loss widened 45% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 10
Third quarter 2023 earnings released: JP¥17.93 loss per share (vs JP¥17.98 loss in 3Q 2022) Third quarter 2023 results: JP¥17.93 loss per share (improved from JP¥17.98 loss in 3Q 2022). Revenue: JP¥213.0m (down 1.4% from 3Q 2022). Net loss: JP¥58.0m (flat on 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Announcement • Dec 01
BeMap, Inc. to Report Q3, 2023 Results on Feb 07, 2023 BeMap, Inc. announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tadao Kobayashi was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: JP¥21.36 loss per share (vs JP¥19.85 loss in 2Q 2022) Second quarter 2023 results: JP¥21.36 loss per share (further deteriorated from JP¥19.85 loss in 2Q 2022). Revenue: JP¥227.0m (down 9.9% from 2Q 2022). Net loss: JP¥69.0m (loss widened 7.8% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Announcement • Aug 28
BeMap, Inc. to Report Q2, 2023 Results on Nov 04, 2022 BeMap, Inc. announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 09
First quarter 2023 earnings released: JP¥29.11 loss per share (vs JP¥13.95 loss in 1Q 2022) First quarter 2023 results: JP¥29.11 loss per share (down from JP¥13.95 loss in 1Q 2022). Revenue: JP¥186.0m (down 22% from 1Q 2022). Net loss: JP¥94.0m (loss widened 109% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Announcement • Jul 03
BeMap, Inc. to Report Q1, 2023 Results on Aug 05, 2022 BeMap, Inc. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 19
Full year 2022 earnings released: JP¥48.03 loss per share (vs JP¥12.71 profit in FY 2021) Full year 2022 results: JP¥48.03 loss per share (down from JP¥12.71 profit in FY 2021). Revenue: JP¥1.02b (down 24% from FY 2021). Net loss: JP¥155.0m (down 478% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • May 18
BeMap, Inc., Annual General Meeting, Jun 28, 2022 BeMap, Inc., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. No independent directors (4 non-independent directors). Manager of Corporate Management Department and Director Hideya Otani 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: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
BeMap, Inc. to Report Fiscal Year 2022 Results on May 13, 2022 BeMap, Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥17.98 loss per share (down from JP¥3.72 loss in 3Q 2021). Revenue: JP¥216.0m (flat on 3Q 2021). Net loss: JP¥58.0m (loss widened 383% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: JP¥19.85 loss per share (vs JP¥13.33 loss in 2Q 2021) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: JP¥252.0m (up 12% from 2Q 2021). Net loss: JP¥64.0m (loss widened 49% from 2Q 2021). 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 7% per year, which means it has not declined as severely as earnings. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥12.71 (vs JP¥27.28 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.34b (down 10.0% from FY 2020). Net income: JP¥41.0m (down 53% from FY 2020). Profit margin: 3.1% (down from 5.9% in FY 2020). The decrease in margin was driven by lower revenue. 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 22% per year, which means it is significantly lagging earnings. Announcement • Mar 04
BeMap, Inc. to Report Fiscal Year 2021 Results on May 13, 2021 BeMap, Inc. announced that they will report fiscal year 2021 results on May 13, 2021 Reported Earnings • Feb 06
Third quarter 2021 earnings released: JP¥3.72 loss per share (vs JP¥4.96 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥216.0m (down 6.5% from 3Q 2020). Net loss: JP¥12.0m (loss narrowed 25% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 21
New 90-day low: JP¥615 The company is down 20% from its price of JP¥767 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 1.0% over the same period. Is New 90 Day High Low • Nov 20
New 90-day low: JP¥667 The company is down 11% from its price of JP¥749 on 21 August 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 2.0% over the same period. Reported Earnings • Nov 15
Second quarter 2021 earnings released: JP¥13.33 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥225.0m (down 40% from 2Q 2020). Net loss: JP¥43.0m (down 190% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 07
Second quarter 2021 earnings released: JP¥13.33 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥225.0m (down 40% from 2Q 2020). Net loss: JP¥43.0m (down 190% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 30
New 90-day low: JP¥675 The company is down 1.0% from its price of JP¥679 on 31 July 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 3.0% over the same period. 