Announcement • Jun 28
LECIP Holdings Corporation to Report Q1, 2027 Results on Aug 07, 2026 LECIP Holdings Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥632, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 43% over the past three years. Announcement • May 19
LECIP Holdings Corporation (TSE:7213) announces an Equity Buyback for 250,000 shares, representing 1.57% for ¥150 million. LECIP Holdings Corporation (TSE:7213) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.57% of its issued share capital, for ¥150 million. The purpose of the program is executing agile capital policies that adapt to changes in the business environment while simultaneously enhancing shareholder returns. The program will be valid till March 23, 2027. As of March 31, 2026, the company has 15,891,500 issued shares (excluding treasury stock) and 119,609 treasury shares. Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥76.26 (vs JP¥152 in FY 2025) Full year 2026 results: EPS: JP¥76.26 (down from JP¥152 in FY 2025). Revenue: JP¥23.9b (down 7.8% from FY 2025). Net income: JP¥1.18b (down 48% from FY 2025). Profit margin: 4.9% (down from 8.7% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • May 11
LECIP Holdings Corporation, Annual General Meeting, Jun 23, 2026 LECIP Holdings Corporation, Annual General Meeting, Jun 23, 2026. Announcement • May 10
LECIP Holdings Corporation to Report Fiscal Year 2026 Results on May 11, 2026 LECIP Holdings Corporation announced that they will report fiscal year 2026 results on May 11, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥13.50 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. Payout ratio is a comfortable 9.3% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥72.65 (vs JP¥35.50 in 3Q 2025) Third quarter 2026 results: EPS: JP¥72.65 (up from JP¥35.50 in 3Q 2025). Revenue: JP¥7.18b (up 32% from 3Q 2025). Net income: JP¥1.12b (up 106% from 3Q 2025). Profit margin: 16% (up from 10% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥11.42 (vs JP¥19.41 in 2Q 2025) Second quarter 2026 results: EPS: JP¥11.42 (down from JP¥19.41 in 2Q 2025). Revenue: JP¥4.78b (down 15% from 2Q 2025). Net income: JP¥176.0m (down 39% from 2Q 2025). Profit margin: 3.7% (down from 5.1% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 15
Dividend of JP¥13.50 announced Shareholders will receive a dividend of JP¥13.50. Ex-date: 30th March 2026 Payment date: 10th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 27
Lecip Holdings Corporation to Report Q2, 2026 Results on Nov 13, 2025 Lecip Holdings Corporation announced that they will report Q2, 2026 results on Nov 13, 2025 New Risk • Aug 10
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: 5.8% Last year net profit margin: 12% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.8% net profit margin). Market cap is less than US$100m (JP¥7.09b market cap, or US$48.0m). Announcement • Jun 27
Lecip Holdings Corporation to Report Q1, 2026 Results on Aug 08, 2025 Lecip Holdings Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: JP¥152 (vs JP¥178 in FY 2024) Full year 2025 results: EPS: JP¥152 (down from JP¥178 in FY 2024). Revenue: JP¥25.9b (up 14% from FY 2024). Net income: JP¥2.26b (down 6.7% from FY 2024). Profit margin: 8.7% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • May 11
Full year 2025 earnings released: EPS: JP¥152 (vs JP¥178 in FY 2024) Full year 2025 results: EPS: JP¥152 (down from JP¥178 in FY 2024). Revenue: JP¥25.9b (up 14% from FY 2024). Net income: JP¥2.26b (down 6.7% from FY 2024). Profit margin: 8.7% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • May 09
Lecip Holdings Corporation, Annual General Meeting, Jun 25, 2025 Lecip Holdings Corporation, Annual General Meeting, Jun 25, 2025. Announcement • Mar 27
Lecip Holdings Corporation to Report Fiscal Year 2025 Results on May 09, 2025 Lecip Holdings Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 3.8% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥35.50 (vs JP¥11.91 in 3Q 2024) Third quarter 2025 results: EPS: JP¥35.50 (up from JP¥11.91 in 3Q 2024). Revenue: JP¥5.43b (up 21% from 3Q 2024). Net income: JP¥546.0m (up 237% from 3Q 2024). Profit margin: 10% (up from 3.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jan 03
Lecip Holdings Corporation to Report Q3, 2025 Results on Feb 07, 2025 Lecip Holdings Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥19.41 (vs JP¥17.61 in 2Q 2024) Second quarter 2025 results: EPS: JP¥19.41 (up from JP¥17.61 in 2Q 2024). Revenue: JP¥5.61b (up 31% from 2Q 2024). Net income: JP¥289.0m (up 21% from 2Q 2024). Profit margin: 5.1% (down from 5.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 27
Lecip Holdings Corporation to Report Q2, 2025 Results on Nov 12, 2024 Lecip Holdings Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: JP¥30.22 (vs JP¥0.52 in 1Q 2024) First quarter 2025 results: EPS: JP¥30.22 (up from JP¥0.52 in 1Q 2024). Revenue: JP¥4.70b (up 57% from 1Q 2024). Net income: JP¥411.0m (up JP¥404.0m from 1Q 2024). Profit margin: 8.8% (up from 0.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Aug 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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 Risk Earnings have declined by 2.1% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (JP¥8.85b market cap, or US$60.4m). Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥178 (vs JP¥19.16 loss in FY 2023) Full year 2024 results: EPS: JP¥178 (up from JP¥19.16 loss in FY 2023). Revenue: JP¥22.7b (up 59% from FY 2023). Net income: JP¥2.42b (up JP¥2.67b from FY 2023). Profit margin: 11% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Lecip Holdings Corporation to Report Q1, 2025 Results on Aug 05, 2024 Lecip Holdings Corporation announced that they will report Q1, 2025 results on Aug 05, 2024 Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥659, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 15% over the past three years. Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥178 (vs JP¥19.16 loss in FY 2023) Full year 2024 results: EPS: JP¥178 (up from JP¥19.16 loss in FY 2023). Revenue: JP¥22.7b (up 59% from FY 2023). Net income: JP¥2.42b (up JP¥2.67b from FY 2023). Profit margin: 11% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Lecip Holdings Corporation, Annual General Meeting, Jun 21, 2024 Lecip Holdings Corporation, Annual General Meeting, Jun 21, 2024. Announcement • Mar 28
Lecip Holdings Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Lecip Holdings Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 7.5% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥748, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 27% over the past three years. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥11.91 (vs JP¥19.44 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥11.91 (up from JP¥19.44 loss in 3Q 2023). Revenue: JP¥4.47b (up 37% from 3Q 2023). Net income: JP¥162.0m (up JP¥414.0m from 3Q 2023). Profit margin: 3.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Dec 28
Lecip Holdings Corporation to Report Q3, 2024 Results on Feb 09, 2024 Lecip Holdings Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥17.61 (vs JP¥13.69 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥17.61 (up from JP¥13.69 loss in 2Q 2023). Revenue: JP¥4.27b (up 52% from 2Q 2023). Net income: JP¥239.0m (up JP¥416.0m from 2Q 2023). Profit margin: 5.6% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • Nov 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.2% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Market cap is less than US$100m (JP¥8.32b market cap, or US$54.9m). Announcement • Sep 29
Lecip Holdings Corporation to Report Q2, 2024 Results on Nov 10, 2023 Lecip Holdings Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Aug 09
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Market cap is less than US$100m (JP¥7.09b market cap, or US$49.4m). Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥0.52 (vs JP¥24.66 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥0.52 (up from JP¥24.66 loss in 1Q 2023). Revenue: JP¥3.00b (up 32% from 1Q 2023). Net income: JP¥7.00m (up JP¥324.0m from 1Q 2023). Profit margin: 0.2% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% 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 • Jul 24
Lecip Holdings Corporation to Report Q1, 2024 Results on Aug 07, 2023 Lecip Holdings Corporation announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 17
Full year 2023 earnings released: JP¥19.16 loss per share (vs JP¥4.14 profit in FY 2022) Full year 2023 results: JP¥19.16 loss per share (down from JP¥4.14 profit in FY 2022). Revenue: JP¥14.3b (up 1.3% from FY 2022). Net loss: JP¥249.0m (down JP¥302.0m 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 65 percentage points per year, which is a significant difference in performance. Announcement • May 14
Lecip Holdings Corporation, Annual General Meeting, Jun 23, 2023 Lecip Holdings Corporation, Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share at 1.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 06 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Reported Earnings • Feb 09
Third quarter 2023 earnings released: JP¥19.44 loss per share (vs JP¥8.48 profit in 3Q 2022) Third quarter 2023 results: JP¥19.44 loss per share (down from JP¥8.48 profit in 3Q 2022). Revenue: JP¥3.26b (up 6.6% from 3Q 2022). Net loss: JP¥252.0m (down 331% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Announcement • Dec 28
Lecip Holdings Corporation to Report Q3, 2023 Results on Feb 06, 2023 Lecip Holdings Corporation announced that they will report Q3, 2023 results on Feb 06, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Audit & Supervisory Committee Member and Independent Outside Director Kiyoyuki Kimura was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥13.69 loss per share (vs JP¥14.20 loss in 2Q 2022) Second quarter 2023 results: JP¥13.69 loss per share (improved from JP¥14.20 loss in 2Q 2022). Revenue: JP¥2.80b (flat on 2Q 2022). Net loss: JP¥177.0m (loss narrowed 2.7% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Sep 01
Lecip Holdings Corporation to Report Q2, 2023 Results on Nov 11, 2022 Lecip Holdings Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: JP¥24.66 loss per share (vs JP¥31.28 loss in 1Q 2022) First quarter 2023 results: JP¥24.66 loss per share (up from JP¥31.28 loss in 1Q 2022). Revenue: JP¥2.28b (flat on 1Q 2022). Net loss: JP¥317.0m (loss narrowed 21% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Announcement • Jul 03
Lecip Holdings Corporation to Report Q1, 2023 Results on Aug 05, 2022 Lecip Holdings Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • Jun 26
Full year 2022 earnings released: EPS: JP¥4.14 (vs JP¥9.73 loss in FY 2021) Full year 2022 results: EPS: JP¥4.14 (up from JP¥9.73 loss in FY 2021). Revenue: JP¥14.1b (down 9.5% from FY 2021). Net income: JP¥53.0m (up JP¥177.0m from FY 2021). Profit margin: 0.4% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥4.14 (vs JP¥9.73 loss in FY 2021) Full year 2022 results: EPS: JP¥4.14 (up from JP¥9.73 loss in FY 2021). Revenue: JP¥14.1b (down 9.5% from FY 2021). Net income: JP¥53.0m (up JP¥177.0m from FY 2021). Profit margin: 0.4% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • May 15
Lecip Holdings Corporation, Annual General Meeting, Jun 21, 2022 Lecip Holdings Corporation, Annual General Meeting, Jun 21, 2022. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). Director Hiroko Mitsui 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: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Lecip Holdings Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Lecip Holdings Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 07 June 2022. The company is not currently making a profit and its cash payout ratio is 80%. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.3%). Reported Earnings • Feb 07
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥8.48 (up from JP¥7.61 loss in 3Q 2021). Revenue: JP¥3.05b (down 23% from 3Q 2021). Net income: JP¥109.0m (up JP¥206.0m from 3Q 2021). Profit margin: 3.6% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates. 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. Reported Earnings • Nov 07
Second quarter 2022 earnings released: JP¥14.20 loss per share (vs JP¥21.98 loss in 2Q 2021) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥2.80b (down 16% from 2Q 2021). Net loss: JP¥182.0m (loss narrowed 35% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 46% 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 • Aug 03
First quarter 2022 earnings released: JP¥31.28 loss per share (vs JP¥16.72 loss in 1Q 2021) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2022 results: Revenue: JP¥2.28b (down 20% from 1Q 2021). Net loss: JP¥399.0m (loss widened 87% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 13% per year. Reported Earnings • Jun 26
Full year 2021 earnings released: JP¥9.73 loss per share (vs JP¥74.38 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥15.6b (down 40% from FY 2020). Net loss: JP¥124.0m (down 114% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • May 18
Full year 2021 earnings released: JP¥9.73 loss per share (vs JP¥74.38 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥15.6b (down 40% from FY 2020). Net loss: JP¥124.0m (down 114% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 10 June 2021. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.1%). Announcement • Mar 21
Lecip Holdings Corporation to Report Fiscal Year 2021 Results on May 14, 2021 Lecip Holdings Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 08
Third quarter 2021 earnings released: JP¥7.61 loss per share (vs JP¥37.04 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¥3.95b (down 47% from 3Q 2020). Net loss: JP¥97.0m (down 121% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 02
New 90-day high: JP¥603 The company is up 10.0% from its price of JP¥546 on 04 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥603, the stock is trading at a trailing P/E ratio of 12.9x, up from the previous P/E ratio of 10.9x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 29%. Announcement • Dec 26
Lecip Holdings Corporation to Report Q3, 2021 Results on Feb 05, 2021 Lecip Holdings Corporation announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Dec 17
New 90-day low: JP¥534 The company is down 12% from its price of JP¥607 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 Electronic industry, which is up 16% over the same period. Announcement • Oct 10
Lecip Holdings Corporation to Report Q2, 2021 Results on Nov 06, 2020 Lecip Holdings Corporation announced that they will report Q2, 2021 results on Nov 06, 2020