New Risk • Mar 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (JP¥1.89b market cap, or US$11.9m). New Risk • Feb 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.52b (US$9.87m) 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (JP¥1.52b market cap, or US$9.87m). Reported Earnings • Feb 07
Third quarter 2026 earnings released: JP¥11.43 loss per share (vs JP¥4.09 profit in 3Q 2025) Third quarter 2026 results: JP¥11.43 loss per share (down from JP¥4.09 profit in 3Q 2025). Revenue: JP¥1.03b (up 6.9% from 3Q 2025). Net loss: JP¥77.0m (down JP¥91.0m from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Dec 09
Leader Electronics Corporation announced that it expects to receive ¥423.5 million in funding Leader Electronics Corporation announced a private placement to issue 847,000 common shares at an issue price of ¥500 per share for gross proceeds of ¥423,500,000 on December 8, 2025. The transaction will include participation from new investor ACG Growth No. 1 Fund with 19.78% stake post completion. The transaction has been approved by shareholders, expected to close on December 25, 2025. The company has disclosed the Total Amount to Be Paid: ¥423,500,000, Estimated Issuance Expenses: ¥23,200,000 and Estimated Net Proceeds: ¥400,300,000. Announcement • Dec 02
Leader Electronics Corporation to Report Q3, 2026 Results on Feb 05, 2026 Leader Electronics Corporation announced that they will report Q3, 2026 results on Feb 05, 2026 Reported Earnings • Nov 08
Second quarter 2026 earnings released: JP¥31.00 loss per share (vs JP¥50.42 loss in 2Q 2025) Second quarter 2026 results: JP¥31.00 loss per share (improved from JP¥50.42 loss in 2Q 2025). Revenue: JP¥953.0m (down 4.7% from 2Q 2025). Net loss: JP¥106.0m (loss narrowed 38% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Sep 27
Leader Electronics Corporation to Report Q2, 2026 Results on Nov 06, 2025 Leader Electronics Corporation announced that they will report Q2, 2026 results on Nov 06, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥17.11 (vs JP¥36.77 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥17.11 (up from JP¥36.77 loss in 1Q 2025). Revenue: JP¥935.0m (up 11% from 1Q 2025). Net income: JP¥58.0m (up JP¥182.0m from 1Q 2025). Profit margin: 6.2% (up from net loss in 1Q 2025). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 05
Full year 2025 earnings released: JP¥54.75 loss per share (vs JP¥31.16 profit in FY 2024) Full year 2025 results: JP¥54.75 loss per share (down from JP¥31.16 profit in FY 2024). Revenue: JP¥4.12b (down 9.4% from FY 2024). Net loss: JP¥185.0m (down 235% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jul 03
Leader Electronics Corporation (TSE:6867) completed the acquisition of Ai Picasso inc. from AIdeaLab Inc. and KAYAC Inc. (TSE:3904). Leader Electronics Corporation (TSE:6867) agreed to acquire Ai Picasso inc. from AIdeaLab Inc. and KAYAC Inc. (TSE:3904) for approximately ¥200 million on June 16, 2025. A cash consideration of ¥199 million will be paid by Leader Electronics Corporation. As part of consideration, ¥199 million is paid towards common equity of Ai Picasso inc.
For the period ending December 31, 2024, Ai Picasso inc. reported total revenue of ¥79.78 million, EBIT of ¥31.7 million and net income of ¥31.57 million. As of December 31, 2024, Ai Picasso inc. reported total assets of ¥40.99 million and total common equity of ¥32.64 million.
The expected completion of the transaction is July 1, 2025.
Leader Electronics Corporation (TSE:6867) completed the acquisition of Ai Picasso inc. from AIdeaLab Inc. and KAYAC Inc. (TSE:3904) on July 1, 2025. Announcement • Jun 03
Leader Electronics Corporation to Report Q1, 2026 Results on Aug 07, 2025 Leader Electronics Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 New Risk • Jun 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 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥1.64b market cap, or US$11.5m). Reported Earnings • May 21
Full year 2025 earnings released: JP¥41.07 loss per share (vs JP¥31.16 profit in FY 2024) Full year 2025 results: JP¥41.07 loss per share (down from JP¥31.16 profit in FY 2024). Revenue: JP¥4.12b (down 9.4% from FY 2024). Net loss: JP¥185.0m (down 235% from profit in FY 2024). 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 • May 16
Leader Electronics Corporation, Annual General Meeting, Jun 27, 2025 Leader Electronics Corporation, Annual General Meeting, Jun 27, 2025. New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 54% per year over the past 5 years. Market cap is less than US$10m (JP¥1.27b market cap, or US$8.68m). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change). Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 04
Leader Electronics Corporation to Report Fiscal Year 2025 Results on May 15, 2025 Leader Electronics Corporation announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥2.07 (vs JP¥15.36 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥2.07 (up from JP¥15.36 loss in 3Q 2024). Revenue: JP¥965.0m (down 4.7% from 3Q 2024). Net income: JP¥14.0m (up JP¥83.0m from 3Q 2024). Profit margin: 1.5% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. 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 6% per year, which means it has not declined as severely as earnings. Announcement • Jan 05
Leader Electronics Corporation to Report Q3, 2025 Results on Feb 06, 2025 Leader Electronics Corporation announced that they will report Q3, 2025 results on Feb 06, 2025 Board Change • Dec 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Motoyasu Kajikawa was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
Second quarter 2025 earnings released: JP¥50.41 loss per share (vs JP¥2.01 loss in 2Q 2024) Second quarter 2025 results: JP¥50.41 loss per share (further deteriorated from JP¥2.01 loss in 2Q 2024). Revenue: JP¥1.00b (down 20% from 2Q 2024). Net loss: JP¥170.0m (loss widened JP¥161.0m from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. New Risk • Nov 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 5.9% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 56% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥1.59b market cap, or US$10.3m). New Risk • Oct 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.51b (US$9.93m) 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 56% per year over the past 5 years. Market cap is less than US$10m (JP¥1.51b market cap, or US$9.93m). New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥1.65b market cap, or US$11.7m). Announcement • Aug 28
Leader Electronics Corporation to Report Q2, 2025 Results on Nov 07, 2024 Leader Electronics Corporation announced that they will report Q2, 2025 results on Nov 07, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: JP¥36.77 loss per share (vs JP¥28.11 profit in 1Q 2024) First quarter 2025 results: JP¥36.77 loss per share (down from JP¥28.11 profit in 1Q 2024). Revenue: JP¥843.0m (down 13% from 1Q 2024). Net loss: JP¥124.0m (down 198% from profit in 1Q 2024). 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. 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 5.9% 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 56% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.49b market cap, or US$10.5m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥443, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 29% over the past three years. New Risk • Jun 30
New major risk - Revenue and earnings growth Earnings have declined by 56% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 56% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.97b market cap, or US$12.2m). Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥30.51 (vs JP¥144 loss in FY 2023) Full year 2024 results: EPS: JP¥30.51 (up from JP¥144 loss in FY 2023). Revenue: JP¥4.54b (up 12% from FY 2023). Net income: JP¥137.0m (up JP¥781.0m from FY 2023). Profit margin: 3.0% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Announcement • May 18
Leader Electronics Corporation, Annual General Meeting, Jun 27, 2024 Leader Electronics Corporation, Annual General Meeting, Jun 27, 2024. Announcement • Mar 31
Leader Electronics Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Leader Electronics Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Announcement • Mar 01
Leader Electronics Corporation (TSE:6867) announces an Equity Buyback for 1,200,000 shares, representing 26.71% for ¥820.8 million. Leader Electronics Corporation (TSE:6867) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 26.71% of its issued share capital (excluding treasury stock), for a total purchase price of ¥820.80 million. The shares will be repurchased at a price of ¥684 per share. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and enable flexible capital policy execution. As of February 29, 2024, the company has 4,493,131 issued shares (excluding treasury stock) and 170 treasury shares. Reported Earnings • Feb 10
Third quarter 2024 earnings released: JP¥15.35 loss per share (vs JP¥14.06 loss in 3Q 2023) Third quarter 2024 results: JP¥15.35 loss per share (further deteriorated from JP¥14.06 loss in 3Q 2023). Revenue: JP¥1.01b (down 1.9% from 3Q 2023). Net loss: JP¥69.0m (loss widened 9.5% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • Jan 25
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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥2.97b market cap, or US$20.1m). Announcement • Dec 07
Leader Electronics Corporation to Report Q3, 2024 Results on Feb 08, 2024 Leader Electronics Corporation announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: JP¥2.00 loss per share (vs JP¥53.58 loss in 2Q 2023) Second quarter 2024 results: JP¥2.00 loss per share (improved from JP¥53.58 loss in 2Q 2023). Revenue: JP¥1.24b (up 36% from 2Q 2023). Net loss: JP¥9.00m (loss narrowed 96% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Oct 06
Leader Electronics Corporation to Report Q2, 2024 Results on Nov 09, 2023 Leader Electronics Corporation announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥28.10 (vs JP¥21.91 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥28.10 (up from JP¥21.91 loss in 1Q 2023). Revenue: JP¥970.0m (up 31% from 1Q 2023). Net income: JP¥126.0m (up JP¥224.0m from 1Q 2023). Profit margin: 13% (up from net loss in 1Q 2023). 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. New Risk • Jul 18
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 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (JP¥2.44b market cap, or US$17.6m). Announcement • Jun 28
Leader Electronics Corporation to Report Q1, 2024 Results on Aug 04, 2023 Leader Electronics Corporation announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 19
Full year 2023 earnings released: JP¥144 loss per share (vs JP¥25.95 profit in FY 2022) Full year 2023 results: JP¥144 loss per share (down from JP¥25.95 profit in FY 2022). Revenue: JP¥4.06b (up 7.3% from FY 2022). Net loss: JP¥644.0m (down JP¥760.0m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥14.05 loss per share (vs JP¥6.71 loss in 3Q 2022) Third quarter 2023 results: JP¥14.05 loss per share (further deteriorated from JP¥6.71 loss in 3Q 2022). Revenue: JP¥1.03b (up 38% from 3Q 2022). Net loss: JP¥63.0m (loss widened 110% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Announcement • Dec 28
Leader Electronics Corporation to Report Q3, 2023 Results on Feb 10, 2023 Leader Electronics Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
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. 6 experienced directors. 1 highly experienced director. President & Director Kozo Nagao was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 06
Second quarter 2023 earnings released: JP¥53.57 loss per share (vs JP¥21.03 profit in 2Q 2022) Second quarter 2023 results: JP¥53.57 loss per share (down from JP¥21.03 profit in 2Q 2022). Revenue: JP¥913.0m (down 8.4% from 2Q 2022). Net loss: JP¥240.0m (down 355% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • Sep 02
Leader Electronics Corporation to Report Q2, 2023 Results on Nov 04, 2022 Leader Electronics Corporation announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: JP¥21.91 loss per share (vs JP¥13.89 loss in 1Q 2022) First quarter 2023 results: JP¥21.91 loss per share (down from JP¥13.89 loss in 1Q 2022). Revenue: JP¥742.0m (down 7.7% from 1Q 2022). Net loss: JP¥98.0m (loss widened 58% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Jul 06
Leader Electronics Corporation to Report Q1, 2023 Results on Aug 05, 2022 Leader Electronics Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Announcement • May 18
Leader Electronics Corporation, Annual General Meeting, Jun 29, 2022 Leader Electronics Corporation, Annual General Meeting, Jun 29, 2022. Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥25.95 (vs JP¥30.59 in FY 2021) Full year 2022 results: EPS: JP¥25.95 (down from JP¥30.59 in FY 2021). Revenue: JP¥3.79b (up 14% from FY 2021). Net income: JP¥116.0m (down 15% from FY 2021). Profit margin: 3.1% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
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. 6 experienced directors. 1 highly experienced director. President & Director Kozo Nagao was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Apr 08
Leader Electronics Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Leader Electronics Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥6.71 loss per share (up from JP¥15.50 loss in 3Q 2021). Revenue: JP¥747.0m (flat on 3Q 2021). Net loss: JP¥30.0m (loss narrowed 56% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% 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. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥21.02 (vs JP¥27.95 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¥997.0m (up 6.1% from 2Q 2021). Net income: JP¥94.0m (down 24% from 2Q 2021). Profit margin: 9.4% (down from 13% in 2Q 2021). 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 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 09
First quarter 2022 earnings released: JP¥13.89 loss per share (vs JP¥26.83 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥804.0m (up 27% from 1Q 2021). Net loss: JP¥62.0m (loss narrowed 48% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • May 19
Full year 2021 earnings released: EPS JP¥30.59 (vs JP¥103 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥3.31b (down 18% from FY 2020). Net income: JP¥136.0m (down 66% from FY 2020). Profit margin: 4.1% (down from 9.8% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 20
New 90-day low: JP¥685 The company is down 6.0% from its price of JP¥730 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 15% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: JP¥15.50 loss per share (vs JP¥18.24 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥748.0m (down 26% from 3Q 2020). Net loss: JP¥69.0m (down 200% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 04
New 90-day high: JP¥765 The company is up 1.0% from its price of JP¥755 on 06 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 18% over the same period. Reported Earnings • Nov 19
Second quarter 2021 earnings released: EPS JP¥27.95 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥940.0m (up 6.6% from 2Q 2020). Net income: JP¥124.0m (up 27% from 2Q 2020). Profit margin: 13% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 06
Second quarter 2021 earnings released: EPS JP¥27.94 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥940.0m (up 6.6% from 2Q 2020). Net income: JP¥124.0m (up 27% from 2Q 2020). Profit margin: 13% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Oct 10
Leader Electronics Corporation to Report Q2, 2021 Results on Oct 30, 2020 Leader Electronics Corporation announced that they will report Q2, 2021 results on Oct 30, 2020 Is New 90 Day High Low • Sep 18
New 90-day high: JP¥828 The company is up 5.0% from its price of JP¥787 on 19 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 Electronic industry, which is up 4.0% over the same period.