Board Change • May 20
Less than half of directors are independent 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. 4 experienced directors. 3 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Hitomi Iba was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Apr 14
DCM Holdings Co., Ltd., Annual General Meeting, May 28, 2026 DCM Holdings Co., Ltd., Annual General Meeting, May 28, 2026. Tillkännagivande • Apr 03
DCM Holdings Co., Ltd. to Report Fiscal Year 2026 Results on Apr 14, 2026 DCM Holdings Co., Ltd. announced that they will report fiscal year 2026 results on Apr 14, 2026 Tillkännagivande • Dec 26
DCM Holdings Co., Ltd. (TSE:3050) announces an Equity Buyback for 3,000,000 shares, representing 2.15% for ¥5,500 million. DCM Holdings Co., Ltd. (TSE:3050) announces a share repurchase program. Under the program, the company will repurchase 3,000,000 shares, representing 2.15% of the outstanding shares, for ¥5,500 million. The purpose of the program is to implement an agile capital policy in response to changes in the business environment and as a measure to return profits to shareholders. The plan will be valid till June 30, 2026. As of November 30, 2025, the company had 139,808,737 shares outstanding (excluding treasury stock) and 6,691,263 shares in treasury. Tillkännagivande • Nov 22
DCM Holdings Co., Ltd. to Report Q3, 2026 Results on Dec 26, 2025 DCM Holdings Co., Ltd. announced that they will report Q3, 2026 results on Dec 26, 2025 Tillkännagivande • Aug 23
DCM Holdings Co., Ltd. to Report Q2, 2026 Results on Sep 26, 2025 DCM Holdings Co., Ltd. announced that they will report Q2, 2026 results on Sep 26, 2025 Tillkännagivande • May 09
DCM Holdings Co., Ltd. (TSE:3050) agreed to acquire Encho Co.,Ltd. (TSE:8208) for ¥7.8 billion. DCM Holdings Co., Ltd. (TSE:3050) agreed to acquire Encho Co.,Ltd. (TSE:8208) for ¥7.8 billion on May 9, 2025.
The transaction is subject to approval of offer by acquirer shareholders. The expected completion of the transaction is September 1, 2025.
YAMADA Business Consulting Co.,Ltd. acted as financial advisor for DCM Holdings Co., Ltd. SMBC Nikko Securities Inc. acted as financial advisor for Encho Co.,Ltd. Tillkännagivande • Apr 26
DCM Holdings Co., Ltd. to Report Q1, 2026 Results on Jun 27, 2025 DCM Holdings Co., Ltd. announced that they will report Q1, 2026 results on Jun 27, 2025 Tillkännagivande • Apr 14
DCM Holdings Co., Ltd. Proposes Year End Dividend for the Year Ended February 2025, Payable on May 30, 2025 DCM Holdings Co., Ltd. announced that Board of Directors, at a meeting, resolved to submit a proposal to the 19th Ordinary General Meeting of Shareholders to be held on May 29, 2025, regarding the dividends of surplus with a record date of February 28, 2025. Record date: February 28, 2025, Dividend per share: JPY 23.00, Total amount of dividends: JPY 3,193 million, Effective date: May 30, 2025. Actual results for the previous fiscal year (Fiscal year ended February 2024): JPY 22.00 per share. Tillkännagivande • Feb 27
DCM Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2025 DCM Holdings Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2025 Tillkännagivande • Nov 23
DCM Holdings Co., Ltd. to Report Q3, 2025 Results on Dec 27, 2024 DCM Holdings Co., Ltd. announced that they will report Q3, 2025 results on Dec 27, 2024 New Risk • Oct 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. Reported Earnings • Sep 29
Second quarter 2025 earnings released: EPS: JP¥44.93 (vs JP¥37.93 in 2Q 2024) Second quarter 2025 results: EPS: JP¥44.93 (up from JP¥37.93 in 2Q 2024). Revenue: JP¥146.3b (up 19% from 2Q 2024). Net income: JP¥6.02b (up 19% from 2Q 2024). Profit margin: 4.1% (in line with 2Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 27
DCM Holdings Co., Ltd. to Report Q2, 2025 Results on Sep 27, 2024 DCM Holdings Co., Ltd. announced that they will report Q2, 2025 results on Sep 27, 2024 Upcoming Dividend • Aug 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.4%). Buy Or Sell Opportunity • Jul 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.1% to €8.35. The fair value is estimated to be €10.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years. Reported Earnings • Jul 01
First quarter 2025 earnings released: EPS: JP¥42.52 (vs JP¥41.40 in 1Q 2024) First quarter 2025 results: EPS: JP¥42.52 (up from JP¥41.40 in 1Q 2024). Revenue: JP¥141.5b (up 14% from 1Q 2024). Net income: JP¥5.69b (flat on 1Q 2024). Profit margin: 4.0% (down from 4.6% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jun 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.6% to €8.45. The fair value is estimated to be €10.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.0%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 0.3% per annum over the same time period. Buy Or Sell Opportunity • Jun 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.2% to €8.75. The fair value is estimated to be €11.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.0%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 0.3% per annum over the same time period. Reported Earnings • Jun 06
Full year 2024 earnings released: EPS: JP¥159 (vs JP¥125 in FY 2023) Full year 2024 results: EPS: JP¥159 (up from JP¥125 in FY 2023). Revenue: JP¥488.6b (up 2.5% from FY 2023). Net income: JP¥21.4b (up 18% from FY 2023). Profit margin: 4.4% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Tillkännagivande • May 29
DCM Holdings Co., Ltd. to Report Q1, 2025 Results on Jun 28, 2024 DCM Holdings Co., Ltd. announced that they will report Q1, 2025 results on Jun 28, 2024 Tillkännagivande • Apr 14
DCM Holdings Co., Ltd., Annual General Meeting, May 30, 2024 DCM Holdings Co., Ltd., Annual General Meeting, May 30, 2024. Reported Earnings • Apr 14
Full year 2024 earnings released: EPS: JP¥159 (vs JP¥125 in FY 2023) Full year 2024 results: EPS: JP¥159 (up from JP¥125 in FY 2023). Revenue: JP¥488.6b (up 2.5% from FY 2023). Net income: JP¥21.4b (up 18% from FY 2023). Profit margin: 4.4% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 24
DCM Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024 DCM Holdings Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 23% and the cash payout ratio is 91%. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (3.3%). Reported Earnings • Dec 29
Third quarter 2024 earnings released: EPS: JP¥80.96 (vs JP¥24.13 in 3Q 2023) Third quarter 2024 results: EPS: JP¥80.96 (up from JP¥24.13 in 3Q 2023). Revenue: JP¥113.7b (down 3.8% from 3Q 2023). Net income: JP¥10.8b (up 209% from 3Q 2023). Profit margin: 9.5% (up from 3.0% in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 17
DCM Holdings Co., Ltd. to Report Q3, 2024 Results on Dec 27, 2023 DCM Holdings Co., Ltd. announced that they will report Q3, 2024 results on Dec 27, 2023 Reported Earnings • Oct 01
Second quarter 2024 earnings released: EPS: JP¥37.93 (vs JP¥38.55 in 2Q 2023) Second quarter 2024 results: EPS: JP¥37.93 (down from JP¥38.55 in 2Q 2023). Revenue: JP¥123.2b (down 1.3% from 2Q 2023). Net income: JP¥5.07b (down 9.8% from 2Q 2023). Profit margin: 4.1% (down from 4.5% in 2Q 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Germany. Tillkännagivande • Aug 31
DCM Holdings Co., Ltd. to Report Q2, 2024 Results on Sep 29, 2023 DCM Holdings Co., Ltd. announced that they will report Q2, 2024 results on Sep 29, 2023 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥20.00 per share at 3.2% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 01 November 2023. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.8%). Reported Earnings • Jul 02
First quarter 2024 earnings released: EPS: JP¥41.40 (vs JP¥44.05 in 1Q 2023) First quarter 2024 results: EPS: JP¥41.40 (down from JP¥44.05 in 1Q 2023). Revenue: JP¥123.9b (up 8.6% from 1Q 2023). Net income: JP¥5.67b (down 13% from 1Q 2023). Profit margin: 4.6% (down from 5.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Germany. Reported Earnings • May 30
Full year 2023 earnings released: EPS: JP¥125 (vs JP¥126 in FY 2022) Full year 2023 results: EPS: JP¥125 (down from JP¥126 in FY 2022). Revenue: JP¥476.8b (up 7.2% from FY 2022). Net income: JP¥18.1b (down 3.6% from FY 2022). Profit margin: 3.8% (down from 4.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €9.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total returns to shareholders of 34% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.63 per share. Reported Earnings • Apr 13
Full year 2023 earnings released: EPS: JP¥125 (vs JP¥126 in FY 2022) Full year 2023 results: EPS: JP¥125 (down from JP¥126 in FY 2022). Revenue: JP¥476.8b (up 7.2% from FY 2022). Net income: JP¥18.1b (down 3.6% from FY 2022). Profit margin: 3.8% (down from 4.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Germany. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥20.00 per share at 3.4% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.8%). Reported Earnings • Dec 30
Third quarter 2023 earnings released: EPS: JP¥24.13 (vs JP¥26.70 in 3Q 2022) Third quarter 2023 results: EPS: JP¥24.13 (down from JP¥26.70 in 3Q 2022). Revenue: JP¥118.2b (up 10% from 3Q 2022). Net income: JP¥3.50b (down 12% from 3Q 2022). Profit margin: 3.0% (down from 3.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in Germany. Tillkännagivande • Nov 27
DCM Holdings Co., Ltd. to Report Q3, 2023 Results on Dec 28, 2022 DCM Holdings Co., Ltd. announced that they will report Q3, 2023 results on Dec 28, 2022 Board Change • Nov 16
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. 7 non-independent directors. Independent External Director Naoki Uno was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Second quarter 2023 earnings released: EPS: JP¥38.55 (vs JP¥39.68 in 2Q 2022) Second quarter 2023 results: EPS: JP¥38.55 (down from JP¥39.68 in 2Q 2022). Revenue: JP¥124.8b (up 7.9% from 2Q 2022). Net income: JP¥5.62b (down 5.0% from 2Q 2022). Profit margin: 4.5% (down from 5.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Germany. Tillkännagivande • Sep 30
DCM Holdings Co., Ltd. (TSE:3050) announces an Equity Buyback for 8,000,000 shares, representing 5.49% for ¥8,000 million. DCM Holdings Co., Ltd. (TSE:3050) announces a share repurchase program. Under the program, the company will repurchase 8,000,000 shares, representing 5.48% of the outstanding shares, at ¥1,000 per share for ¥8,000 million. The purpose of the program is to improve shareholder returns and capital efficiency in response to changes in the business environment. The plan will be valid till March 31, 2023. As of August 31, 2022, the company had 145,797,902 shares outstanding and 11,202,098 shares in treasury. Tillkännagivande • Sep 24
DCM Holdings Co., Ltd. to Report Q2, 2023 Results on Sep 29, 2022 DCM Holdings Co., Ltd. announced that they will report Q2, 2023 results on Sep 29, 2022 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 01 November 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.1%). Buying Opportunity • Aug 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.6%. The fair value is estimated to be €9.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.0%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 14% in the next 2 years. Reported Earnings • Jul 02
First quarter 2023 earnings released: EPS: JP¥44.05 (vs JP¥50.42 in 1Q 2022) First quarter 2023 results: EPS: JP¥44.05 (down from JP¥50.42 in 1Q 2022). Revenue: JP¥114.0b (down 4.5% from 1Q 2022). Net income: JP¥6.51b (down 14% from 1Q 2022). Profit margin: 5.7% (down from 6.4% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 13%, compared to a 9.1% growth forecast for the industry in Germany. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: JP¥126 (vs JP¥127 in FY 2021) Full year 2022 results: EPS: JP¥126. Revenue: JP¥444.8b (down 5.6% from FY 2021). Net income: JP¥18.8b (up 1.2% from FY 2021). Profit margin: 4.2% (up from 3.9% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 11%, compared to a 9.7% growth forecast for the retail industry in Germany. Tillkännagivande • Jun 01
DCM Holdings Co., Ltd. to Report Q1, 2023 Results on Jun 30, 2022 DCM Holdings Co., Ltd. announced that they will report Q1, 2023 results on Jun 30, 2022 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. 7 non-independent directors. Independent External Director Naoki Uno was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 14
Full year 2022 earnings released: EPS: JP¥126 (vs JP¥127 in FY 2021) Full year 2022 results: EPS: JP¥126. Revenue: JP¥444.8b (down 5.6% from FY 2021). Net income: JP¥18.8b (up 1.2% from FY 2021). Profit margin: 4.2% (up from 3.9% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 2.3%, compared to a 13% growth forecast for the retail industry in Germany. Tillkännagivande • Apr 14
DCM Holdings Co., Ltd., Annual General Meeting, May 26, 2022 DCM Holdings Co., Ltd., Annual General Meeting, May 26, 2022. Tillkännagivande • Apr 07
DCM Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Apr 12, 2022 DCM Holdings Co., Ltd. announced that they will report fiscal year 2022 results on Apr 12, 2022 Upcoming Dividend • Feb 18
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 28 May 2022. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.3%). Reported Earnings • Dec 29
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥26.70 (up from JP¥25.86 in 3Q 2021). Revenue: JP¥107.1b (down 3.9% from 3Q 2021). Net income: JP¥3.97b (up 1.1% from 3Q 2021). Profit margin: 3.7% (up from 3.5% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 1.3%, compared to a 16% growth forecast for the industry in Germany. Reported Earnings • Sep 30
Second quarter 2022 earnings released: EPS JP¥39.68 (vs JP¥48.97 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥115.7b (down 9.0% from 2Q 2021). Net income: JP¥5.92b (down 15% from 2Q 2021). Profit margin: 5.1% (down from 5.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 02 November 2021. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.3%). Reported Earnings • Jul 01
First quarter 2022 earnings released: EPS JP¥50.42 (vs JP¥59.71 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥119.3b (down 5.2% from 1Q 2021). Net income: JP¥7.58b (down 7.0% from 1Q 2021). Profit margin: 6.4% (down from 6.5% in 1Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • Jun 03
Full year 2021 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥471.2b (up 7.7% from FY 2020). Net income: JP¥18.6b (up 35% from FY 2020). Profit margin: 3.9% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 11
Full year 2021 earnings released: EPS JP¥127 (vs JP¥103 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥471.2b (up 7.7% from FY 2020). Net income: JP¥18.6b (up 35% from FY 2020). Profit margin: 3.9% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Tillkännagivande • Feb 28
DCM Holdings Co., Ltd. to Report Fiscal Year 2021 Results on Apr 09, 2021 DCM Holdings Co., Ltd. announced that they will report fiscal year 2021 results on Apr 09, 2021 Reported Earnings • Jan 14
Third quarter 2021 earnings released: EPS JP¥25.86 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥111.4b (up 1.9% from 3Q 2020). Net income: JP¥3.93b (up 23% from 3Q 2020). Profit margin: 3.5% (up from 2.9% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Dec 29
Third quarter 2021 earnings released: EPS JP¥25.86 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥111.4b (up 1.9% from 3Q 2020). Net income: JP¥3.93b (up 23% from 3Q 2020). Profit margin: 3.5% (up from 2.9% in 3Q 2020). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Dec 29
Revenue misses expectations Revenue missed analyst estimates by 2.8%. Over the next year, revenue is expected to shrink by 2.0% compared to a 6.3% growth forecast for the Specialty Retail industry in Germany.