Announcement • Jun 09
Tohbu Network Co., Ltd. to Report Q1, 2027 Results on Aug 12, 2026 Tohbu Network Co., Ltd. announced that they will report Q1, 2027 results on Aug 12, 2026 Reported Earnings • May 17
Full year 2026 earnings released: EPS: JP¥53.58 (vs JP¥18.55 in FY 2025) Full year 2026 results: EPS: JP¥53.58 (up from JP¥18.55 in FY 2025). Revenue: JP¥10.1b (down 2.8% from FY 2025). Net income: JP¥300.0m (up 186% from FY 2025). Profit margin: 3.0% (up from 1.0% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • May 14
Tohbu Network Co., Ltd. (TSE:9036) announces an Equity Buyback for 100,000 shares, representing 1.77% for ¥100 million. Tohbu Network Co., Ltd. (TSE:9036) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.77% of its issued share capital (excluding treasury stock), for ¥100 million. The purpose of the program is to respond to changes in the business environment, implement a flexible capital policy, and enhance shareholder returns. The program will expire on December 30, 2026. As of March 31, 2026, the company had 5,634,613 shares in issue (excluding treasury stock) and 114,387 shares in treasury. Announcement • May 13
Tohbu Network Co., Ltd., Annual General Meeting, Jun 26, 2026 Tohbu Network Co., Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 10
Tohbu Network Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Tohbu Network Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.9%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥7.91 (vs JP¥26.62 in 3Q 2025) Third quarter 2026 results: EPS: JP¥7.91 (down from JP¥26.62 in 3Q 2025). Revenue: JP¥2.56b (up 1.2% from 3Q 2025). Net income: JP¥44.0m (down 71% from 3Q 2025). Profit margin: 1.7% (down from 5.9% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Declared Dividend • Dec 16
First half dividend of JP¥7.50 announced Dividend of JP¥7.50 is the same as last year. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has not increased over the past 3 years but payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 87% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.4% EPS decline seen over the last 5 years. Announcement • Dec 04
Tohbu Network Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026 Tohbu Network Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026 Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,171, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 11x in the Transportation industry in Japan. Total returns to shareholders of 54% over the past three years. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: JP¥15.07 (vs JP¥4.42 in 2Q 2025) Second quarter 2026 results: EPS: JP¥15.07 (up from JP¥4.42 in 2Q 2025). Revenue: JP¥2.66b (down 2.8% from 2Q 2025). Net income: JP¥85.0m (up 240% from 2Q 2025). Profit margin: 3.2% (up from 0.9% in 2Q 2025). Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 15 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.8%). Announcement • Sep 03
Tohbu Network Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Tohbu Network Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 New Risk • Aug 10
New major risk - Revenue and earnings growth Revenue has declined by 2.2% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Risk Revenue has declined by 2.2% over the past year. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥5.04b market cap, or US$34.1m). Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥23.56 (vs JP¥12.43 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥23.56 (up from JP¥12.43 loss in 1Q 2025). Revenue: JP¥2.54b (down 6.8% from 1Q 2025). Net income: JP¥133.0m (up JP¥204.0m from 1Q 2025). Profit margin: 5.2% (up from net loss in 1Q 2025). Announcement • Aug 08
Tohbu Network Co., Ltd. (TSE:9036) announces an Equity Buyback for 120,000 shares, representing 2.09% for ¥100 million. Tohbu Network Co., Ltd. (TSE:9036) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 2.09% of its issued share capital (excluding treasury stock), for ¥100 million. The purpose of the program is to respond to changes in the business environment, implement a flexible capital policy, and enhance shareholder returns. The program will expire on August 7, 2026. As of July 31, 2025, the company had 5,741,013 shares in issue (excluding treasury stock) and 7,987 shares in treasury. Declared Dividend • Jul 09
Final dividend of JP¥7.50 announced Dividend of JP¥7.50 is the same as last year. Ex-date: 29th September 2025 Payment date: 15th December 2025 Dividend yield will be 1.7%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (18% cash payout ratio). The dividend has not increased over the past 3 years but payments have been stable during that time. Announcement • Jun 05
Tohbu Network Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Tohbu Network Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥18.55 (vs JP¥14.40 in FY 2024) Full year 2025 results: EPS: JP¥18.55 (up from JP¥14.40 in FY 2024). Revenue: JP¥10.4b (flat on FY 2024). Net income: JP¥105.0m (up 35% from FY 2024). Profit margin: 1.0% (up from 0.8% in FY 2024). Announcement • May 14
Tohbu Network Co., Ltd., Annual General Meeting, Jun 26, 2025 Tohbu Network Co., Ltd., Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.7%). Announcement • Mar 06
Tohbu Network Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Tohbu Network Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥26.62 (vs JP¥5.90 in 3Q 2024) Third quarter 2025 results: EPS: JP¥26.62 (up from JP¥5.90 in 3Q 2024). Revenue: JP¥2.53b (down 3.5% from 3Q 2024). Net income: JP¥150.0m (up 369% from 3Q 2024). Profit margin: 5.9% (up from 1.2% in 3Q 2024). New Risk • Jan 12
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 Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Market cap is less than US$100m (JP¥4.62b market cap, or US$29.3m). Declared Dividend • Dec 14
First half dividend of JP¥7.50 announced Shareholders will receive a dividend of JP¥7.50. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (24% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. Announcement • Dec 05
Tohbu Network Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025 Tohbu Network Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 17
Second quarter 2025 earnings released: EPS: JP¥4.42 (vs JP¥18.60 in 2Q 2024) Second quarter 2025 results: EPS: JP¥4.42 (down from JP¥18.60 in 2Q 2024). Revenue: JP¥2.74b (flat on 2Q 2024). Net income: JP¥25.0m (down 75% from 2Q 2024). Profit margin: 0.9% (down from 3.6% in 2Q 2024). Upcoming Dividend • Sep 20
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). 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 Shareholders have been diluted in the past year (8.3% increase in shares outstanding). Market cap is less than US$100m (JP¥4.75b market cap, or US$33.8m). Announcement • Aug 28
Tohbu Network Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024 Tohbu Network Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: JP¥12.43 loss per share (vs JP¥33.40 profit in 1Q 2024) First quarter 2025 results: JP¥12.43 loss per share (down from JP¥33.40 profit in 1Q 2024). Revenue: JP¥2.72b (up 4.1% from 1Q 2024). Net loss: JP¥71.0m (down 140% from profit in 1Q 2024). New Risk • Aug 05
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 104% Dividend yield: 2.0% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Dividend is not well covered by earnings (104% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Shareholders have been diluted in the past year (8.3% increase in shares outstanding). Market cap is less than US$100m (JP¥4.97b market cap, or US$33.9m). Declared Dividend • Jul 11
Final dividend of JP¥7.50 announced Shareholders will receive a dividend of JP¥7.50. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 2.0%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 74% to shift the payout ratio to a potentially unsustainable range, which is more than the 29% EPS decline seen over the last 5 years. Announcement • Jun 02
Tohbu Network Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Tohbu Network Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥14.40 (vs JP¥77.62 in FY 2023) Full year 2024 results: EPS: JP¥14.40 (down from JP¥77.62 in FY 2023). Revenue: JP¥10.3b (up 4.4% from FY 2023). Net income: JP¥78.0m (down 81% from FY 2023). Profit margin: 0.8% (down from 4.2% in FY 2023). Announcement • May 16
Tohbu Network Co., Ltd., Annual General Meeting, Jun 26, 2024 Tohbu Network Co., Ltd., Annual General Meeting, Jun 26, 2024. Announcement • Apr 08
Tohbu Network Co., Ltd. (TSE:9036) completed the acquisition of Ts Unyu K.K. from Air Liquide Japan Ltd. Tohbu Network Co., Ltd. (TSE:9036) agreed to acquire Ts Unyu K.K. from Air Liquide Japan Ltd. on March 1, 2024. Ts Unyu reported net worth of -¥443 million, total assets of ¥318 million, sales of ¥669 million, operating income of ¥33.6 million and net income of ¥20.4 million as at December 2023. The transaction is subject to due diligence of Ts Unyu.Tohbu Network Co., Ltd. (TSE:9036) completed the acquisition of Ts Unyu K.K. from Air Liquide Japan Ltd. on April 8, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.2%). Announcement • Mar 03
Tohbu Network Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Tohbu Network Co., Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 New Risk • Feb 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.3% 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: Minor Risks Less than 3 years of financial data is available. Large one-off items impacting financial results. Shareholders have been diluted in the past year (8.3% increase in shares outstanding). Market cap is less than US$100m (JP¥6.47b market cap, or US$43.1m). Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥5.90 (vs JP¥7.40 in 3Q 2023) Third quarter 2024 results: EPS: JP¥5.90 (down from JP¥7.40 in 3Q 2023). Revenue: JP¥2.62b (up 11% from 3Q 2023). Net income: JP¥32.0m (down 18% from 3Q 2023). Profit margin: 1.2% (down from 1.7% in 3Q 2023). Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,178, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 13x in the Transportation industry in Japan. Total returns to shareholders of 33% over the past three years. Announcement • Dec 28
Tohbu Network Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024 Tohbu Network Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥18.59 (vs JP¥7.40 in 2Q 2023) Second quarter 2024 results: EPS: JP¥18.59 (up from JP¥7.40 in 2Q 2023). Revenue: JP¥2.74b (up 16% from 2Q 2023). Net income: JP¥98.0m (up 151% from 2Q 2023). Profit margin: 3.6% (up from 1.7% in 2Q 2023). Upcoming Dividend • Sep 21
Upcoming dividend of JP¥7.50 per share at 1.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.2%). Announcement • Aug 27
Tohbu Network Co., Ltd. to Report Q2, 2024 Results on Nov 07, 2023 Tohbu Network Co., Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023 New Risk • Aug 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥5.01b market cap, or US$34.8m). Announcement • Jun 28
Tohbu Network Co., Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Tohbu Network Co., Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.50 per share at 1.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.1%). Board Change • Feb 18
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. 4 non-independent directors. Independent Outside Director Kunio Inamura Kunio was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥6.95 (vs JP¥8.68 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥6.95 (up from JP¥8.68 loss in 3Q 2022). Revenue: JP¥2.45b (up 14% from 3Q 2022). Net income: JP¥37.0m (up JP¥84.0m from 3Q 2022). Profit margin: 1.5% (up from net loss in 3Q 2022). The move to profitability 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 6% per year, which means it has not declined as severely as earnings. Announcement • Dec 15
Tohbu Network Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023 Tohbu Network Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023 Announcement • Nov 30
Tohbu Network Co., Ltd. (TSE:9036) announces an Equity Buyback for 50,000 shares, representing 0.93% for ¥40.05 million. Tohbu Network Co., Ltd. (TSE:9036) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.93% of its issued share capital (excluding treasury stock), for ¥40.05 million. The shares will be repurchased at a price of ¥801 per share. The purpose of the program is to improve capital efficiency and implement flexible capital policies in response to changes in the business environment. The program will expire on November 30, 2022. As of October 31, 2022, the company had 5,401,013 shares in issue (excluding treasury stock) and 347,987 shares in treasury. Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: JP¥23.84 (vs JP¥25.84 in 2Q 2022) Second quarter 2023 results: EPS: JP¥23.84 (down from JP¥25.84 in 2Q 2022). Revenue: JP¥2.63b (up 15% from 2Q 2022). Net income: JP¥128.0m (down 8.6% from 2Q 2022). Profit margin: 4.9% (down from 6.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% 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 • Nov 10
Second quarter 2023 earnings released: EPS: JP¥23.83 (vs JP¥25.84 in 2Q 2022) Second quarter 2023 results: EPS: JP¥23.83 (down from JP¥25.84 in 2Q 2022). Revenue: JP¥2.63b (up 15% from 2Q 2022). Net income: JP¥128.0m (down 8.6% from 2Q 2022). Profit margin: 4.9% (down from 6.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Nov 09
Tohbu Network Co., Ltd. (TSE:9036) announces an Equity Buyback for 50,000 shares, for ¥39.5 million. Tohbu Network Co., Ltd. (TSE:9036) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.93% of its issued share capital (excluding treasury stock), for ¥39.5 million. The shares will be repurchased at a price of ¥790 per share. The purpose of the program is to improve capital efficiency and implement flexible capital policies in response to changes in the business environment. The program will expire on November 9, 2022. As of October 31, 2022, the company had 5,401,013 shares in issue (excluding treasury stock) and 347,987 shares in treasury. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. The company last paid an ordinary dividend in November 2011. The average dividend yield among industry peers is 1.2%. Announcement • Aug 28
Tohbu Network Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Tohbu Network Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥39.12 (vs JP¥24.19 in 1Q 2022) First quarter 2023 results: EPS: JP¥39.12 (up from JP¥24.19 in 1Q 2022). Revenue: JP¥2.44b (up 5.8% from 1Q 2022). Net income: JP¥210.0m (up 60% from 1Q 2022). Profit margin: 8.6% (up from 5.7% in 1Q 2022). 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 only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Jun 09
Tohbu Network Co., Ltd. to Report Q1, 2023 Results on Aug 09, 2022 Tohbu Network Co., Ltd. announced that they will report Q1, 2023 results on Aug 09, 2022 Announcement • May 12
Tohbu Network Co., Ltd., Annual General Meeting, Jun 28, 2022 Tohbu Network Co., Ltd., Annual General Meeting, Jun 28, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥50.44 (vs JP¥76.27 in FY 2021) Full year 2022 results: EPS: JP¥50.44 (down from JP¥76.27 in FY 2021). Revenue: JP¥8.84b (down 16% from FY 2021). Net income: JP¥273.0m (down 34% from FY 2021). Profit margin: 3.1% (down from 3.9% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
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 Tetsuro Fukuda was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Tohbu Network Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022 Tohbu Network Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Inaugural dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit but it is cash flow positive. The company last paid an ordinary dividend in May 2011. The average dividend yield among industry peers is 1.3%. Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥8.68 loss per share (down from JP¥24.19 profit in 3Q 2021). Revenue: JP¥2.14b (down 14% from 3Q 2021). Net loss: JP¥47.0m (down 136% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥25.83 (vs JP¥31.39 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2022 results: Revenue: JP¥2.29b (down 20% from 2Q 2021). Net income: JP¥140.0m (down 18% from 2Q 2021). Profit margin: 6.1% (up from 5.9% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Inaugural dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 09 December 2021. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.2%. Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS JP¥24.19 (vs JP¥29.55 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.30b (down 14% from 1Q 2021). Net income: JP¥131.0m (down 18% from 1Q 2021). Profit margin: 5.7% (down from 6.0% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥76.27 (vs JP¥81.26 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥10.6b (down 16% from FY 2020). Net income: JP¥413.0m (down 6.1% from FY 2020). Profit margin: 3.9% (up from 3.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. Upcoming Dividend • Mar 23
Inaugural dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.1%. Announcement • Mar 04
Tohbu Network Co., Ltd. to Report Fiscal Year 2021 Results on May 11, 2021 Tohbu Network Co., Ltd. announced that they will report fiscal year 2021 results on May 11, 2021 Is New 90 Day High Low • Feb 12
New 90-day high: JP¥958 The company is up 2.0% from its price of JP¥943 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 12% over the same period. Reported Earnings • Feb 08
Third quarter 2021 earnings released: EPS JP¥24.19 (vs JP¥24.56 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: JP¥2.49b (down 21% from 3Q 2020). Net income: JP¥131.0m (down 1.5% from 3Q 2020). Profit margin: 5.3% (up from 4.3% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Dec 13
Tohbu Network Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021 Tohbu Network Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Reported Earnings • Nov 09
Second quarter 2021 earnings released: EPS JP¥31.39 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥2.87b (down 19% from 2Q 2020). Net income: JP¥170.0m (up 9.0% from 2Q 2020). Profit margin: 5.9% (up from 4.4% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. Is New 90 Day High Low • Oct 29
New 90-day high: JP¥955 The company is up 15% from its price of JP¥828 on 31 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 2.0% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: JP¥917 The company is up 9.0% from its price of JP¥838 on 10 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is flat over the same period. Upcoming Dividend • Sep 22
Upcoming Dividend of JP¥7.50 Per Share Will be paid on the 9th of December to those who are registered shareholders by the 29th of September. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.6%. Announcement • Aug 30
Tohbu Network Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020 Tohbu Network Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020