Board Change • May 20
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. 5 non-independent directors. Independent Outside Director Hiroshi Mase was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥106 (vs JP¥110 in FY 2025) Full year 2026 results: EPS: JP¥106 (down from JP¥110 in FY 2025). Revenue: JP¥57.9b (up 3.9% from FY 2025). Net income: JP¥2.60b (down 2.5% from FY 2025). Profit margin: 4.5% (down from 4.8% in FY 2025). The decrease in margin was driven by higher expenses. 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 12% per year, which means it is well ahead of earnings. Board Change • May 01
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. 5 non-independent directors. Independent Outside Director Hiroshi Mase was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%). Board Change • Feb 25
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. 5 non-independent directors. Independent Outside Director Hiroshi Mase was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥35.00 (vs JP¥30.34 in 3Q 2025) Third quarter 2026 results: EPS: JP¥35.00 (up from JP¥30.34 in 3Q 2025). Revenue: JP¥14.8b (up 3.3% from 3Q 2025). Net income: JP¥854.0m (up 16% from 3Q 2025). Profit margin: 5.8% (up from 5.1% in 3Q 2025). The increase in margin was driven by higher revenue. 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 10% per year, which means it is well ahead of earnings. Board Change • Feb 05
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Hiroshi Mase was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Hiroshi Mase was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 07
Isewan Terminal Service Co., Ltd., Annual General Meeting, Jun 27, 2025 Isewan Terminal Service Co., Ltd., Annual General Meeting, Jun 27, 2025, at 10:00 Tokyo Standard Time. Location: 1-7-40 irifune, minato-ku, amity hall, 2nd floor, head office, nagoya Japan Board Change • May 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Hiroshi Mase was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 11
Full year 2025 earnings released: EPS: JP¥110 (vs JP¥102 in FY 2024) Full year 2025 results: EPS: JP¥110 (up from JP¥102 in FY 2024). Revenue: JP¥55.7b (down 1.7% from FY 2024). Net income: JP¥2.66b (up 6.6% from FY 2024). Profit margin: 4.8% (up from 4.4% in FY 2024). 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 but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Hiroshi Mase was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%). Board Change • Mar 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Hiroshi Mase was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Hiroshi Mase was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥35.04 (vs JP¥21.13 in 2Q 2024) Second quarter 2025 results: EPS: JP¥35.04 (up from JP¥21.13 in 2Q 2024). Revenue: JP¥14.6b (flat on 2Q 2024). Net income: JP¥852.0m (up 63% from 2Q 2024). Profit margin: 5.9% (up from 3.6% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%). New Risk • Aug 14
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: 3.6% Last year net profit margin: 6.0% 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. This is currently the only risk that has been identified for the company. Announcement • Jun 19
Isewan Terminal Service Co., Ltd., Annual General Meeting, Jun 27, 2024 Isewan Terminal Service Co., Ltd., Annual General Meeting, Jun 27, 2024, at 10:00 Tokyo Standard Time. Location: 1-7-40 irifune, minato-ku, our company head office 2nd floor amity hall, nagoya Japan Board Change • May 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Mase Hiroshi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 17
Isewan Terminal Service Co., Ltd. (NSE:9359) announces an Equity Buyback for 550,000 shares, representing 2.12% for ¥415.25 million. Isewan Terminal Service Co., Ltd. (NSE:9359) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 2.12% of its issued share capital, for ¥415.25 million. The shares will be repurchased at a price of ¥755 per share. The purpose of the program is to enable flexible capital policy implementation in response to changes in the business environment. As of September 30, 2023, the company had 25,923,433 issued shares
(excluding treasury stock) and 1,563,621 shares in treasury. 
