Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥778, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Tech industry in Japan. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,138, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 14x in the Tech industry in Japan. Total returns to shareholders of 116% over the past three years. Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥96.14 (vs JP¥12.19 in FY 2025) Full year 2026 results: EPS: JP¥96.14 (up from JP¥12.19 in FY 2025). Revenue: JP¥26.8b (up 47% from FY 2025). Net income: JP¥883.0m (up JP¥771.0m from FY 2025). Profit margin: 3.3% (up from 0.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • May 15
AKIBA Holdings Co.,Ltd., Annual General Meeting, Jun 30, 2026 AKIBA Holdings Co.,Ltd., Annual General Meeting, Jun 30, 2026. Announcement • May 10
AKIBA Holdings Co.,Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 AKIBA Holdings Co.,Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥689, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 14x in the Tech industry in Japan. Total returns to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥532, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 14x in the Tech industry in Japan. Total returns to shareholders of 7.3% over the past three years. New Risk • Feb 16
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 11% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥5.43b market cap, or US$35.5m). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥18.73 (vs JP¥14.26 in 3Q 2025) Third quarter 2026 results: EPS: JP¥18.73 (up from JP¥14.26 in 3Q 2025). Revenue: JP¥7.50b (up 69% from 3Q 2025). Net income: JP¥172.0m (up 31% from 3Q 2025). Profit margin: 2.3% (down from 3.0% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to JP¥623, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 14x in the Tech industry in Japan. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥458, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥371, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 13x in the Tech industry in Japan. Total loss to shareholders of 24% over the past three years. Announcement • Nov 29
AKIBA Holdings Co.,Ltd. to Report Q3, 2026 Results on Feb 13, 2026 AKIBA Holdings Co.,Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥10.45 (vs JP¥12.31 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥10.45 (up from JP¥12.31 loss in 2Q 2025). Revenue: JP¥5.04b (up 21% from 2Q 2025). Net income: JP¥96.0m (up JP¥209.0m from 2Q 2025). Profit margin: 1.9% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥383, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 13x in the Tech industry in Japan. Total loss to shareholders of 4.7% over the past three years. Announcement • Sep 01
AKIBA Holdings Co.,Ltd. to Report Q2, 2026 Results on Nov 12, 2025 AKIBA Holdings Co.,Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: JP¥6.97 (vs JP¥2.94 in 1Q 2025) First quarter 2026 results: EPS: JP¥6.97 (up from JP¥2.94 in 1Q 2025). Revenue: JP¥4.37b (up 20% from 1Q 2025). Net income: JP¥64.0m (up 137% from 1Q 2025). Profit margin: 1.5% (up from 0.7% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: JP¥12.19 (vs JP¥31.79 in FY 2024) Full year 2025 results: EPS: JP¥12.19 (down from JP¥31.79 in FY 2024). Revenue: JP¥18.3b (up 15% from FY 2024). Net income: JP¥112.0m (down 62% from FY 2024). Profit margin: 0.6% (down from 1.8% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Jun 27
AKIBA Holdings Co.,Ltd. to Report Q1, 2026 Results on Aug 12, 2025 AKIBA Holdings Co.,Ltd. announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 18
Full year 2025 earnings released: EPS: JP¥12.19 (vs JP¥31.79 in FY 2024) Full year 2025 results: EPS: JP¥12.19 (down from JP¥31.79 in FY 2024). Revenue: JP¥18.3b (up 15% from FY 2024). Net income: JP¥112.0m (down 62% from FY 2024). Profit margin: 0.6% (down from 1.8% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • May 14
AKIBA Holdings Co.,Ltd., Annual General Meeting, Jun 27, 2025 AKIBA Holdings Co.,Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥188, the stock trades at a trailing P/E ratio of 78.5x. Average trailing P/E is 12x in the Tech industry in Japan. Total loss to shareholders of 56% over the past three years. New Risk • Apr 07
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 Risks Debt is not well covered by operating cash flow (2.7% operating cash flow to total debt). Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (JP¥1.77b market cap, or US$12.1m). Announcement • Mar 27
AKIBA Holdings Co.,Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 AKIBA Holdings Co.,Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥14.26 (vs JP¥7.19 in 3Q 2024) Third quarter 2025 results: EPS: JP¥14.26 (up from JP¥7.19 in 3Q 2024). Revenue: JP¥4.44b (up 20% from 3Q 2024). Net income: JP¥131.0m (up 99% from 3Q 2024). Profit margin: 3.0% (up from 1.8% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Dec 13
AKIBA Holdings Co.,Ltd. to Report Q3, 2025 Results on Feb 14, 2025 AKIBA Holdings Co.,Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥376, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 17x in the Tech industry in Japan. Total loss to shareholders of 50% over the past three years. Announcement • Aug 29
AKIBA Holdings Co.,Ltd. to Report Q2, 2025 Results on Nov 13, 2024 AKIBA Holdings Co.,Ltd. announced that they will report Q2, 2025 results on Nov 13, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥2.94 (vs JP¥15.57 in 1Q 2024) First quarter 2025 results: EPS: JP¥2.94 (down from JP¥15.57 in 1Q 2024). Revenue: JP¥3.64b (down 4.8% from 1Q 2024). Net income: JP¥27.0m (down 81% from 1Q 2024). Profit margin: 0.7% (down from 3.7% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. New Risk • Aug 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). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥2.87b market cap, or US$19.3m). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥313, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 15x in the Tech industry in Japan. Total loss to shareholders of 49% over the past three years. Announcement • Jul 06
AKIBA Holdings Co.,Ltd. to Report Q1, 2025 Results on Aug 09, 2024 AKIBA Holdings Co.,Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • May 20
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: 1.8% Last year net profit margin: 4.7% 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 (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥3.66b market cap, or US$23.5m). Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥31.79 (vs JP¥76.43 in FY 2023) Full year 2024 results: EPS: JP¥31.79 (down from JP¥76.43 in FY 2023). Revenue: JP¥15.8b (up 5.6% from FY 2023). Net income: JP¥292.0m (down 58% from FY 2023). Profit margin: 1.8% (down from 4.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • May 17
AKIBA Holdings Co.,Ltd., Annual General Meeting, Jun 26, 2024 AKIBA Holdings Co.,Ltd., Annual General Meeting, Jun 26, 2024. Announcement • Mar 02
AKIBA Holdings Co.,Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 AKIBA Holdings Co.,Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥7.19 (vs JP¥24.50 in 3Q 2023) Third quarter 2024 results: EPS: JP¥7.19 (down from JP¥24.50 in 3Q 2023). Revenue: JP¥3.70b (flat on 3Q 2023). Net income: JP¥66.0m (down 71% from 3Q 2023). Profit margin: 1.8% (down from 6.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Nov 27
AKIBA Holdings Co.,Ltd. to Report Q3, 2024 Results on Feb 13, 2024 AKIBA Holdings Co.,Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥11.54 (vs JP¥19.06 in 2Q 2023) Second quarter 2024 results: EPS: JP¥11.54 (down from JP¥19.06 in 2Q 2023). Revenue: JP¥3.38b (up 9.4% from 2Q 2023). Net income: JP¥106.0m (down 39% from 2Q 2023). Profit margin: 3.1% (down from 5.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
AKIBA Holdings Co.,Ltd. to Report Q2, 2024 Results on Nov 10, 2023 AKIBA Holdings Co.,Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥15.57 (vs JP¥11.00 in 1Q 2023) First quarter 2024 results: EPS: JP¥15.57 (up from JP¥11.00 in 1Q 2023). Revenue: JP¥3.83b (up 6.7% from 1Q 2023). Net income: JP¥143.0m (up 42% from 1Q 2023). Profit margin: 3.7% (up from 2.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • May 28
AKIBA Holdings Co.,Ltd. to Report Q1, 2024 Results on Aug 10, 2023 AKIBA Holdings Co.,Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥76.43 (vs JP¥41.59 in FY 2022) Full year 2023 results: EPS: JP¥76.43 (up from JP¥41.59 in FY 2022). Revenue: JP¥15.0b (down 7.2% from FY 2022). Net income: JP¥702.0m (up 84% from FY 2022). Profit margin: 4.7% (up from 2.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥24.49 (vs JP¥22.43 in 3Q 2022) Third quarter 2023 results: EPS: JP¥24.49 (up from JP¥22.43 in 3Q 2022). Revenue: JP¥3.70b (down 8.5% from 3Q 2022). Net income: JP¥225.0m (up 9.2% from 3Q 2022). Profit margin: 6.1% (up from 5.1% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year. Announcement • Nov 27
AKIBA Holdings Co.,Ltd. to Report Q3, 2023 Results on Feb 10, 2023 AKIBA Holdings Co.,Ltd. announced that they will report Q3, 2023 results on Feb 10, 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. 7 experienced directors. 4 highly experienced directors. 1 independent director (6 non-independent directors). Independent Outside Director Tetsuya Sato was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥19.05 (vs JP¥2.50 in 2Q 2022) Second quarter 2023 results: EPS: JP¥19.05 (up from JP¥2.50 in 2Q 2022). Revenue: JP¥3.09b (down 3.8% from 2Q 2022). Net income: JP¥175.0m (up JP¥152.0m from 2Q 2022). Profit margin: 5.7% (up from 0.7% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Aug 31
AKIBA Holdings Co.,Ltd. to Report Q2, 2023 Results on Nov 11, 2022 AKIBA Holdings Co.,Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥380, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Tech industry in Japan. Total returns to shareholders of 27% over the past three years. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥11.00 (vs JP¥7.95 in 1Q 2022) First quarter 2023 results: EPS: JP¥11.00 (up from JP¥7.95 in 1Q 2022). Revenue: JP¥3.59b (down 18% from 1Q 2022). Net income: JP¥101.0m (up 38% from 1Q 2022). Profit margin: 2.8% (up from 1.7% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jun 29
AKIBA Holdings Co.,Ltd. to Report Q1, 2023 Results on Aug 10, 2022 AKIBA Holdings Co.,Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥41.59 (vs JP¥37.56 in FY 2021) Full year 2022 results: EPS: JP¥41.59 (up from JP¥37.56 in FY 2021). Revenue: JP¥16.2b (up 9.7% from FY 2021). Net income: JP¥382.0m (up 11% from FY 2021). Profit margin: 2.4% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • May 18
AKIBA Holdings Co.,Ltd., Annual General Meeting, Jun 27, 2022 AKIBA Holdings Co.,Ltd., Annual General Meeting, Jun 27, 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. 5 experienced directors. 4 highly experienced directors. 1 independent director (5 non-independent directors). Independent Outside Director Tetsuya Sato was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
AKIBA Holdings Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 AKIBA Holdings Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥518, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 14x in the Tech industry in Japan. Total returns to shareholders of 92% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥22.43 (up from JP¥12.85 in 3Q 2021). Revenue: JP¥4.04b (up 14% from 3Q 2021). Net income: JP¥206.0m (up 75% from 3Q 2021). Profit margin: 5.1% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥2.50 (vs JP¥8.28 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥3.21b (up 8.2% from 2Q 2021). Net income: JP¥23.0m (down 70% from 2Q 2021). Profit margin: 0.7% (down from 2.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥677, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 14x in the Tech industry in Japan. Total returns to shareholders of 232% over the past three years. Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorated over the past week After last week's 21% share price decline to JP¥5,220, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 16x in the Tech industry in Japan. Total returns to shareholders of 99% over the past three years. Announcement • Mar 04
AKIBA Holdings Co.,Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 AKIBA Holdings Co.,Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥7,660, the stock is trading at a trailing P/E ratio of 22.4x, up from the previous P/E ratio of 19.3x. This compares to an average P/E of 19x in the Tech industry in Japan. Total returns to shareholders over the past three years are 164%. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥128 (vs JP¥131 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥3.56b (up 2.6% from 3Q 2020). Net income: JP¥118.0m (down 1.7% from 3Q 2020). Profit margin: 3.3% (down from 3.5% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 56% share price gain to JP¥6,990, the stock is trading at a trailing P/E ratio of 20.3x, up from the previous P/E ratio of 13.1x. This compares to an average P/E of 19x in the Tech industry in Japan. Total returns to shareholders over the past three years are 121%. Is New 90 Day High Low • Jan 22
New 90-day high: JP¥5,190 The company is up 9.0% from its price of JP¥4,760 on 23 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 23% over the same period. Announcement • Dec 30
Akiba Holdings Co., Ltd. to Report Q3, 2021 Results on Feb 12, 2021 Akiba Holdings Co., Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021 Reported Earnings • Nov 21
Second quarter 2021 earnings released: EPS JP¥82.79 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.97b (down 7.7% from 2Q 2020). Net income: JP¥76.0m (down 83% from 2Q 2020). Profit margin: 2.6% (down from 14% in 2Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Nov 18
New 90-day low: JP¥4,460 The company is down 7.0% from its price of JP¥4,790 on 20 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 Tech industry, which is up 5.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: JP¥4,505 The company is down 1.0% from its price of JP¥4,535 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 Tech industry, which is up 8.0% over the same period. Announcement • Oct 10
Akiba Holdings Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020 Akiba Holdings Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020 Is New 90 Day High Low • Sep 24
New 90-day high: JP¥5,220 The company is up 10.0% from its price of JP¥4,740 on 25 June 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is down 9.0% over the same period. Announcement • Sep 23
BENEFIT JAPAN Co., Ltd. (TSE:3934) entered into an agreement to acquire Mobile Planning Co., Ltd. from Akiba Holdings Co., Ltd. (JASDAQ:6840) for approximately ¥500 million. BENEFIT JAPAN Co., Ltd. (TSE:3934) entered into an agreement to acquire Mobile Planning Co., Ltd. from Akiba Holdings Co., Ltd. (JASDAQ:6840) for approximately ¥500 million on September 19, 2019. As per the terms of the transaction, BENEFIT JAPAN Co., Ltd. will acquire 200 shares. Post completion of the transaction, Mobile Planning Co., Ltd. will operate as the subsidiary of BENEFIT JAPAN Co., Ltd. For the fiscal year ended March 31, 2018, Mobile Planning Co., Ltd. reported net assets of ¥53 million, total assets of ¥211 million, net sales of ¥467 million, operating income of ¥82 million and net income of ¥50 million. The transaction was resolved in the board meeting of Benefit Japan Co., Ltd. held on September 19, 2019 and is expected to close on September 30, 2019. The transaction also has an advisory fee of ¥10 million. Announcement • Jun 28
Akiba Holdings Co., Ltd. to Report Q1, 2021 Results on Aug 11, 2020 Akiba Holdings Co., Ltd. announced that they will report Q1, 2021 results on Aug 11, 2020