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Pan Pacific International Holdings

OTCPK:DQJC.Y
Snowflake Description

Mediocre balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DQJC.Y
OTCPK
¥1,092B
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The last earnings update was 9 days ago. More info.


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DQJC.Y Share Price and Events
7 Day Returns
-0.5%
OTCPK:DQJC.Y
-0.1%
US Multiline Retail
0.2%
US Market
1 Year Returns
20.7%
OTCPK:DQJC.Y
2.3%
US Multiline Retail
2.9%
US Market
DQJC.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pan Pacific International Holdings (DQJC.Y) -0.5% -1.5% 4.5% 20.7% 94.9% 110.7%
US Multiline Retail -0.1% -8.3% -1.5% 2.3% 16.7% 15.9%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • DQJC.Y outperformed the Multiline Retail industry which returned 2.3% over the past year.
  • DQJC.Y outperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
DQJC.Y
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Pan Pacific International Holdings's competitors could be found in our database.

DQJC.Y Value

 Is Pan Pacific International Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Pan Pacific International Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Pan Pacific International Holdings.

OTCPK:DQJC.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:DQJC.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Multiline Retail Unlevered Beta Simply Wall St/ S&P Global 0.54
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.537 (1 + (1- 30.86%) (51.87%))
0.819
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.819 * 5.96%)
7.61%

Discounted Cash Flow Calculation for OTCPK:DQJC.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Pan Pacific International Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:DQJC.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 7.61%)
2019 -100,993.00 Analyst x2 -93,849.79
2020 43,685.00 Analyst x3 37,723.88
2021 30,413.25 Analyst x4 24,405.57
2022 14,000.00 Analyst x1 10,439.90
2023 22,100.00 Analyst x1 15,314.49
2024 17,720.11 Est @ -19.82% 11,410.86
2025 15,406.93 Est @ -13.05% 9,219.56
2026 14,125.26 Est @ -8.32% 7,854.76
2027 13,418.41 Est @ -5% 6,933.93
2028 13,058.28 Est @ -2.68% 6,270.56
Present value of next 10 years cash flows ¥35,723.71
OTCPK:DQJC.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥13,058.28 × (1 + 2.73%) ÷ (7.61% – 2.73%)
¥274,818.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥274,818.23 ÷ (1 + 7.61%)10
¥131,967.15
OTCPK:DQJC.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥35,723.71 + ¥131,967.15
¥167,690.86
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥167,690.86 / 158.29
¥1059.36
OTCPK:DQJC.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:DQJC.Y represents 0.00225x of TSE:7532
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00225x
Value per Share
(Listing Adjusted, USD)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,059.36 x 0.00225
$2.39
Value per share (USD) From above. $2.39
Current discount Discount to share price of $15.54
= -1 x ($15.54 - $2.39) / $2.39
-551.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Pan Pacific International Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Pan Pacific International Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pan Pacific International Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:DQJC.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥292.60
TSE:7532 Share Price ** TSE (2019-05-23) in JPY ¥6900
United States of America Multiline Retail Industry PE Ratio Median Figure of 8 Publicly-Listed Multiline Retail Companies 11.26x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Pan Pacific International Holdings.

OTCPK:DQJC.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:7532 Share Price ÷ EPS (both in JPY)

= 6900 ÷ 292.60

23.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pan Pacific International Holdings is overvalued based on earnings compared to the US Multiline Retail industry average.
  • Pan Pacific International Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Pan Pacific International Holdings's expected growth come at a high price?
Raw Data
OTCPK:DQJC.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
7.8%per year
United States of America Multiline Retail Industry PEG Ratio Median Figure of 8 Publicly-Listed Multiline Retail Companies 1.92x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

OTCPK:DQJC.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.58x ÷ 7.8%

3.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pan Pacific International Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Pan Pacific International Holdings's assets?
Raw Data
OTCPK:DQJC.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥2,024.39
TSE:7532 Share Price * TSE (2019-05-23) in JPY ¥6900
United States of America Multiline Retail Industry PB Ratio Median Figure of 12 Publicly-Listed Multiline Retail Companies 1.73x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
OTCPK:DQJC.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:7532 Share Price ÷ Book Value per Share (both in JPY)

= 6900 ÷ 2,024.39

3.41x

* Primary Listing of Pan Pacific International Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pan Pacific International Holdings is overvalued based on assets compared to the US Multiline Retail industry average.
X
Value checks
We assess Pan Pacific International Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Multiline Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Multiline Retail industry average (and greater than 0)? (1 check)
  5. Pan Pacific International Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DQJC.Y Future Performance

 How is Pan Pacific International Holdings expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pan Pacific International Holdings expected to grow at an attractive rate?
  • Pan Pacific International Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Pan Pacific International Holdings's earnings growth is positive but not above the United States of America market average.
  • Pan Pacific International Holdings's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:DQJC.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:DQJC.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 7.8%
OTCPK:DQJC.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 13.8%
United States of America Multiline Retail Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Multiline Retail Industry Revenue Growth Rate Market Cap Weighted Average 4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:DQJC.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:DQJC.Y Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 2,253,700 105,000 67,200 1
2022-06-30 2,106,300 100,100 62,600 1
2021-06-30 1,897,004 77,610 55,755 11
2020-06-30 1,789,843 77,394 51,050 12
2019-06-30 1,361,603 94,700 48,253 8
OTCPK:DQJC.Y Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 1,157,342 113,277 46,294
2018-12-31 992,094 47,561 41,343
2018-09-30 968,155 48,299 39,586
2018-06-30 941,508 46,081 36,405
2018-03-31 911,967 39,482 33,268
2017-12-31 873,934 48,462 35,301
2017-09-30 850,904 59,448 33,420
2017-06-30 828,798 56,441 33,082
2017-03-31 810,032 46,804 32,183
2016-12-31 792,841 35,242 27,165
2016-09-30 774,277 26,389 26,583
2016-06-30 759,592 29,110 24,938

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Pan Pacific International Holdings's earnings are expected to grow by 7.8% yearly, however this is not considered high growth (20% yearly).
  • Pan Pacific International Holdings's revenue is expected to grow by 13.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:DQJC.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Pan Pacific International Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:DQJC.Y Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30 423.80 423.80 423.80 1.00
2022-06-30 394.70 394.70 394.70 1.00
2021-06-30 352.39 404.00 312.29 11.00
2020-06-30 322.66 361.10 283.21 12.00
2019-06-30 303.12 316.52 275.98 9.00
OTCPK:DQJC.Y Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 292.60
2018-12-31 261.34
2018-09-30 250.25
2018-06-30 230.14
2018-03-31 210.31
2017-12-31 223.18
2017-09-30 211.30
2017-06-30 209.18
2017-03-31 203.52
2016-12-31 171.80
2016-09-30 168.13
2016-06-30 157.75

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Pan Pacific International Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Pan Pacific International Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Pan Pacific International Holdings has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DQJC.Y Past Performance

  How has Pan Pacific International Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Pan Pacific International Holdings's growth in the last year to its industry (Multiline Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Pan Pacific International Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Pan Pacific International Holdings's 1-year earnings growth exceeds its 5-year average (39.2% vs 15.4%)
  • Pan Pacific International Holdings's earnings growth has exceeded the US Multiline Retail industry average in the past year (39.2% vs -2.8%).
Earnings and Revenue History
Pan Pacific International Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Pan Pacific International Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:DQJC.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,157,342.00 46,294.00 238,582.00
2018-12-31 992,094.00 41,343.00 188,017.00
2018-09-30 968,155.00 39,586.00 180,613.00
2018-06-30 941,508.00 36,405.00 173,352.00
2018-03-31 911,967.00 33,268.00 168,791.00
2017-12-31 873,934.00 35,301.00 161,635.00
2017-09-30 850,904.00 33,420.00 158,279.00
2017-06-30 828,798.00 33,082.00 155,003.00
2017-03-31 810,032.00 32,183.00 152,206.00
2016-12-31 792,841.00 27,165.00 149,563.00
2016-09-30 774,277.00 26,583.00 145,946.00
2016-06-30 759,592.00 24,938.00 142,636.00
2016-03-31 743,608.00 22,797.00 142,385.00
2015-12-31 726,202.00 23,686.00 138,179.00
2015-09-30 706,762.00 23,489.00 133,635.00
2015-06-30 683,981.00 23,148.00 129,032.00
2015-03-31 660,568.00 22,790.00 126,663.00
2014-12-31 651,326.00 22,141.00 123,235.00
2014-09-30 629,771.00 21,196.00 119,622.00
2014-06-30 612,424.00 21,471.00 115,583.00
2014-03-31 602,083.00 23,572.00 113,023.00
2013-12-31 582,055.00 22,388.00 110,237.00
2013-09-30 574,512.00 22,488.00 108,198.00
2013-06-30 568,377.00 21,141.00 107,224.00
2013-03-31 560,033.00 20,272.00 105,457.00
2012-12-31 552,960.00 19,687.00 103,506.00
2012-09-30 545,771.00 18,240.00 102,793.00
2012-06-30 540,255.00 19,845.00 100,507.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Pan Pacific International Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Pan Pacific International Holdings used its assets less efficiently than the US Multiline Retail industry average last year based on Return on Assets.
  • Pan Pacific International Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Pan Pacific International Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Multiline Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Pan Pacific International Holdings has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DQJC.Y Health

 How is Pan Pacific International Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Pan Pacific International Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pan Pacific International Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Pan Pacific International Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Pan Pacific International Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Pan Pacific International Holdings Company Filings, last reported 1 month ago.

OTCPK:DQJC.Y Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 340,391.00 566,509.00 177,048.00
2018-12-31 326,798.00 529,208.00 258,494.00
2018-09-30 313,112.00 392,981.00 119,407.00
2018-06-30 312,495.00 332,712.00 71,973.00
2018-03-31 305,238.00 335,448.00 74,521.00
2017-12-31 296,897.00 300,129.00 51,677.00
2017-09-30 285,910.00 310,104.00 153,805.00
2017-06-30 279,930.00 211,068.00 76,340.00
2017-03-31 273,448.00 214,463.00 74,059.00
2016-12-31 265,432.00 215,466.00 58,021.00
2016-09-30 254,573.00 214,864.00 44,003.00
2016-06-30 244,547.00 188,499.00 42,894.00
2016-03-31 240,407.00 195,025.00 61,703.00
2015-12-31 234,971.00 186,309.00 68,685.00
2015-09-30 226,423.00 191,434.00 62,904.00
2015-06-30 221,367.00 167,507.00 49,717.00
2015-03-31 217,172.00 173,867.00 49,451.00
2014-12-31 208,282.00 155,754.00 39,485.00
2014-09-30 197,835.00 139,969.00 31,115.00
2014-06-30 193,164.00 134,531.00 42,690.00
2014-03-31 190,170.00 143,422.00 49,620.00
2013-12-31 182,945.00 147,172.00 55,396.00
2013-09-30 175,599.00 130,976.00 31,795.00
2013-06-30 170,178.00 126,533.00 31,691.00
2013-03-31 162,707.00 142,711.00 39,852.00
2012-12-31 155,674.00 136,284.00 36,004.00
2012-09-30 148,461.00 145,340.00 38,868.00
2012-06-30 145,735.00 133,380.00 33,977.00
  • Pan Pacific International Holdings's level of debt (166.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (75.4% vs 166.4% today).
  • Debt is well covered by operating cash flow (20%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 16.6x coverage).
X
Financial health checks
We assess Pan Pacific International Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Pan Pacific International Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DQJC.Y Dividends

 What is Pan Pacific International Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.48%
Current annual income from Pan Pacific International Holdings dividends. Estimated to be 0.55% next year.
If you bought $2,000 of Pan Pacific International Holdings shares you are expected to receive $10 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Pan Pacific International Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • Pan Pacific International Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:DQJC.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United States of America Multiline Retail Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:DQJC.Y Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2023-06-30 47.90 1.00
2022-06-30 44.80 1.00
2021-06-30 39.71 9.00
2020-06-30 37.34 10.00
2019-06-30 35.89 9.00
OTCPK:DQJC.Y Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-05-08 33.000 0.481
2019-02-14 33.000 0.469
2019-02-05 33.000 0.499
2018-09-26 33.000 0.497
2018-08-10 33.000 0.616
2018-02-06 27.000 0.477
2017-09-27 27.000 0.517
2017-09-12 26.000 0.611
2017-08-15 27.000 0.655
2017-02-06 23.000 0.565
2016-09-28 23.000 0.558
2016-08-17 23.000 0.640
2015-09-25 20.000 0.498
2015-08-18 20.000 0.438
2014-09-26 18.000 0.416
2014-08-18 18.000 0.634
2013-09-26 16.500 0.568
2013-08-16 16.500 0.613
2012-09-26 15.500 0.794
2012-08-17 15.500 1.071
2012-05-07 14.000 1.027
2012-02-06 14.000 0.984
2011-11-04 14.000 1.026
2011-09-01 14.000 0.998
2011-08-18 14.000 0.998
2011-05-09 12.500 0.922
2011-02-04 12.500 0.891
2010-09-28 12.500 1.052
2010-08-18 12.500 1.172
2010-05-07 11.500 0.975
2010-02-05 11.500 0.990
2009-11-04 11.500 1.071
2009-09-25 11.500 1.042
2009-08-18 11.500 1.053

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pan Pacific International Holdings is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • Pan Pacific International Holdings is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Pan Pacific International Holdings's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Pan Pacific International Holdings's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • No need to calculate the sustainability of Pan Pacific International Holdings's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Pan Pacific International Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Pan Pacific International Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pan Pacific International Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DQJC.Y Management

 What is the CEO of Pan Pacific International Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Koji Ohara
COMPENSATION ¥258,000,000
AGE 55
TENURE AS CEO 3.8 years
CEO Bio

Mr. Koji Ohara has been Chief Executive Officer at Don Quijote Holdings Co., Ltd. since July 2015. Mr. Ohara has been President of Don Quijote Holdings Co., Ltd. since December 2013 respectively and served as its Vice president since April 2013. He served as Chief Operating Officer at Don Quijote Holdings Co., Ltd. since April 2013. Mr. Ohara served as General Manager of Development Division at Don Quijote Holdings Co., Ltd. since December 2010. He served as Chief Information Officer of Don Quijote Co. Ltd since September 2009. Mr. Ohara has been a Representative Director of Don Quijote Holdings Co., Ltd. since December 2013 and served as its Director since September 1995 until April 2007.

CEO Compensation
  • Insufficient data for Koji to compare compensation growth.
  • Koji's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Koji Ohara

TITLE
CEO, President & Representative Director
COMPENSATION
¥258M
AGE
55
TENURE
3.8 yrs

Takao Yasuda

TITLE
Founder & Director
COMPENSATION
¥122M
AGE
69

Mitsuo Takahashi

TITLE
Senior MD
AGE
63
TENURE
8.4 yrs

Naoki Yoshida

TITLE
Senior MD
AGE
54
Board of Directors Tenure

Average tenure and age of the Pan Pacific International Holdings board of directors in years:

3.2
Average Tenure
69
Average Age
  • The tenure for the Pan Pacific International Holdings board of directors is about average.
Board of Directors

Takao Yasuda

TITLE
Founder & Director
COMPENSATION
¥122M
AGE
69
TENURE
0.3 yrs

Mitsuo Takahashi

TITLE
Senior MD
AGE
63
TENURE
21.7 yrs

Naoki Yoshida

TITLE
Senior MD
AGE
54
TENURE
6.7 yrs

Yukihiko Inoue

TITLE
Outside Director
AGE
81
TENURE
4.7 yrs

Koji Ohara

TITLE
CEO, President & Representative Director
COMPENSATION
¥258M
AGE
55
TENURE
5.4 yrs

Tomiaki Fukuda

TITLE
Outside Director
AGE
77
TENURE
2.7 yrs

Yasunori Yoshimura

TITLE
Outside Director
AGE
69
TENURE
3.7 yrs

Shoji Wada

TITLE
Director
TENURE
2.7 yrs

Hiroshi Abe

TITLE
Director
TENURE
1.7 yrs

Yuji Ishii

TITLE
Director
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Pan Pacific International Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Pan Pacific International Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DQJC.Y News

Simply Wall St News

DQJC.Y Company Info

Description

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. It operates through Retail Business and Tenant Leasing Business segments. The Retail Business segment operates convenience and discount stores, and general discount stores, which sell electrical appliances, daily commodities, foods, watches, fashion goods, sporting goods, leisure equipment, do-it-yourself (DIY) products, and others. This segment operates its convenience and discount stores under the Don Quijote name; general discount stores under the MEGA Don Quijote name; GMS stores under the Nagasakiya name; and DIY stores under the Doit name. The Tenant Leasing Business segment rents and manages retail properties to tenants. The company is also involved in real estate management business. As of June 30, 2018, it operated approximately 418 stores comprising 379 stores in Japan; 28 stores Hawaii and 9 stores in California, the United States; and 2 stores in Singapore. The company was formerly known as Don Quijote Holdings Co., Ltd. and changed its name to Pan Pacific International Holdings Corporation in February 2019. Pan Pacific International Holdings Corporation was founded in 1980 and is headquartered in Tokyo, Japan.

Details
Name: Pan Pacific International Holdings Corporation
DQJC.Y
Exchange: OTCPK
Founded: 1980
¥9,959,253,824
158,294,401
Website: http://ppi-hd.co.jp
Address: Pan Pacific International Holdings Corporation
2-19-10 Aobadai,
Meguro-ku,
Tokyo,
153-0042,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 7532 Common Stock The Tokyo Stock Exchange JP JPY 18. Dec 1996
DB QJE Common Stock Deutsche Boerse AG DE EUR 18. Dec 1996
OTCPK DQJC.Y UNSPONSORED ADS Pink Sheets LLC US USD 13. Oct 2008
Number of employees
Current staff
Staff numbers
7,876
Pan Pacific International Holdings employees.
Industry
General Merchandise Stores
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 00:13
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/05/10
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.