Declared Dividend • Jul 26
Final dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 83%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Independent Director Shoei Yamana was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jun 23
Zensho Holdings Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Zensho Holdings Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Duyuru • May 12
Zensho Holdings Co., Ltd., Annual General Meeting, Jun 26, 2026 Zensho Holdings Co., Ltd., Annual General Meeting, Jun 26, 2026. Duyuru • May 09
Zensho Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026 Zensho Holdings Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 12, 2026 Duyuru • Dec 17
Zensho Holdings Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026 Zensho Holdings Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026 Duyuru • Sep 12
Zensho Holdings Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Zensho Holdings Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Duyuru • Aug 18
Zensho Holdings Co., Ltd. has filed a Follow-on Equity Offering in the amount of ¥50 billion. Zensho Holdings Co., Ltd. has filed a Follow-on Equity Offering in the amount of ¥50 billion.
Security Name: Series 1 Bond-Type Class Shares
Security Type: Preferred Stock
Securities Offered: 10,000,000
Price\Range: ¥5000
Discount Per Security: ¥150 Duyuru • Jun 21
Zensho Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Zensho Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Duyuru • May 13
Zensho Holdings Co., Ltd., Annual General Meeting, Jun 27, 2025 Zensho Holdings Co., Ltd., Annual General Meeting, Jun 27, 2025. Duyuru • Mar 04
Zensho Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Zensho Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Duyuru • Dec 03
Zensho Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025 Zensho Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: JP¥89.84 (vs JP¥59.70 in 2Q 2024) Second quarter 2025 results: EPS: JP¥89.84 (up from JP¥59.70 in 2Q 2024). Revenue: JP¥291.2b (up 22% from 2Q 2024). Net income: JP¥14.1b (up 56% from 2Q 2024). Profit margin: 4.8% (up from 3.8% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.6%). Duyuru • Sep 18
Zensho Holdings Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024 Zensho Holdings Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024 Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €39.00, the stock trades at a forward P/E ratio of 26x. Average trailing P/E is 18x in the Hospitality industry in Germany. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €50.24 per share. Declared Dividend • Aug 13
Dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 105%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 12
First quarter 2025 earnings released: EPS: JP¥68.91 (vs JP¥43.97 in 1Q 2024) First quarter 2025 results: EPS: JP¥68.91 (up from JP¥43.97 in 1Q 2024). Revenue: JP¥266.6b (up 24% from 1Q 2024). Net income: JP¥10.8b (up 62% from 1Q 2024). Profit margin: 4.0% (up from 3.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. New Risk • Aug 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.2% 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 High level of debt (85% net debt to equity). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Duyuru • Jun 26
Zensho Holdings Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Zensho Holdings 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¥201 (vs JP¥87.30 in FY 2023) Full year 2024 results: EPS: JP¥201 (up from JP¥87.30 in FY 2023). Revenue: JP¥965.8b (up 24% from FY 2023). Net income: JP¥30.7b (up 131% from FY 2023). Profit margin: 3.2% (up from 1.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Duyuru • May 16
Zensho Holdings Co., Ltd., Annual General Meeting, Jun 27, 2024 Zensho Holdings Co., Ltd., Annual General Meeting, Jun 27, 2024. Duyuru • Mar 27
Zensho Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Zensho Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.0%). New Risk • Feb 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (104% net debt to equity). Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥32.80 (vs JP¥24.86 in 3Q 2023) Third quarter 2024 results: EPS: JP¥32.80 (up from JP¥24.86 in 3Q 2023). Revenue: JP¥254.2b (up 25% from 3Q 2023). Net income: JP¥4.99b (up 32% from 3Q 2023). Profit margin: 2.0% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Duyuru • Dec 28
Zensho Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Zensho Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥59.75 (vs JP¥19.27 in 2Q 2023) Second quarter 2024 results: EPS: JP¥59.75 (up from JP¥19.27 in 2Q 2023). Revenue: JP¥238.2b (up 21% from 2Q 2023). Net income: JP¥9.04b (up 209% from 2Q 2023). Profit margin: 3.8% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. New Risk • Nov 12
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Duyuru • Sep 28
Zensho Holdings Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Zensho Holdings Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥20.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.5%). Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: JP¥43.97 (vs JP¥29.11 in 1Q 2023) First quarter 2024 results: EPS: JP¥43.97 (up from JP¥29.11 in 1Q 2023). Revenue: JP¥214.4b (up 20% from 1Q 2023). Net income: JP¥6.68b (up 51% from 1Q 2023). Profit margin: 3.1% (up from 2.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 11
Zensho Holdings Co., Ltd. (TSE:7550) announces an Equity Buyback for 1,130,000 shares, representing 0.74% for ¥8,500 million. Zensho Holdings Co., Ltd. (TSE:7550) announces a share repurchase program. Under the program, the company will repurchase 1,130,000 shares, representing 0.74% of its share capital, for ¥8,500 million. The shares will be repurchased at a price of ¥6,604 per share. The company will repurchase its shares in order to improve capital efficiency and implement a flexible capital policy in response to changes in the business environment. As of June 30, 2023, the company had 151,822,093 shares outstanding (excluding treasury shares) and 3,040,732 shares in treasury. Duyuru • Jun 28
Zensho Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Zensho Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Duyuru • Jun 15
Zensho Holdings Co., Ltd. (TSE:7550) completed the acquisition of Snowfox Topco Limited from JimKim Holdings Inc., Mayfair Equity Partners Nominees Limited, 2530023 Ontario Limited and 2144052 Ontario Limited. Zensho Holdings Co., Ltd. (TSE:7550) agreed to acquire Snowfox Topco Limited from JimKim Holdings Inc., Mayfair Equity Partners Nominees Limited, 2530023 Ontario Limited and 2144052 Ontario Limited for JPY 87.45 billion on May 19, 2023. This transaction is scheduled to be implemented immediately after obtaining the necessary approvals and approvals from the US regulatory authorities. Zensho Holdings Co., Ltd. (TSE:7550) completed the acquisition of Snowfox Topco Limited from JimKim Holdings Inc., Mayfair Equity Partners Nominees Limited, 2530023 Ontario Limited and 2144052 Ontario Limited on June 13, 2023. Duyuru • Jun 14
Zensho Holdings Co., Ltd. (TSE:7550) agreed to acquire Snowfox Group PLC from Mayfair Equity Partners LLP and others in a transaction valued at approximately $620 million. Zensho Holdings Co., Ltd. (TSE:7550) agreed to acquire Snowfox Group PLC from Mayfair Equity Partners LLP and others in a transaction valued at approximately $620 million on June 13, 2023. Post completion of this transaction Mayfair Equity Partners LLP will fully exit Snowfox. Snowfox's leadership team, including CEO Richard Hodgson, will remain with the business to work closely with Zensho's Senior Management. The terms of transaction are to be confirmed and completion remains subject to customary closing conditions. Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥87.30 (vs JP¥91.17 in FY 2022) Full year 2023 results: EPS: JP¥87.30 (down from JP¥91.17 in FY 2022). Revenue: JP¥780.0b (up 18% from FY 2022). Net income: JP¥13.3b (down 4.4% from FY 2022). Profit margin: 1.7% (down from 2.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in Germany. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €33.80, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 19x in the Hospitality industry in Europe. Total returns to shareholders of 56% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €22.53 per share. Duyuru • May 14
Zensho Holdings Co., Ltd., Annual General Meeting, Jun 23, 2023 Zensho Holdings Co., Ltd., Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share at 0.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.2%). Duyuru • Feb 18
Zensho Holdings Co., Ltd. (TSE:7550) agreed to acquire LOTTERIA Co.,Ltd. from Lotte Co., Ltd. Zensho Holdings Co., Ltd. (TSE:7550) agreed to acquire LOTTERIA Co.,Ltd. from Lotte Co., Ltd. on February 16, 2023. The Lotteria brand will be maintained for a certain period even after the share transfer. The transaction is expected to close on April 1, 2023. Reported Earnings • Feb 13
Third quarter 2023 earnings released: EPS: JP¥24.86 (vs JP¥46.65 in 3Q 2022) Third quarter 2023 results: EPS: JP¥24.86 (down from JP¥46.65 in 3Q 2022). Revenue: JP¥203.5b (up 16% from 3Q 2022). Net income: JP¥3.77b (down 47% from 3Q 2022). Profit margin: 1.9% (down from 4.0% 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 8.7% growth forecast for the Hospitality industry in Germany. Duyuru • Dec 26
Zensho Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Zensho Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥19.27 (vs JP¥34.18 in 2Q 2022) Second quarter 2023 results: EPS: JP¥19.27 (down from JP¥34.18 in 2Q 2022). Revenue: JP¥197.3b (up 20% from 2Q 2022). Net income: JP¥2.93b (down 44% from 2Q 2022). Profit margin: 1.5% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in Germany. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥19.27 (vs JP¥34.18 in 2Q 2022) Second quarter 2023 results: EPS: JP¥19.27 (down from JP¥34.18 in 2Q 2022). Revenue: JP¥197.3b (up 20% from 2Q 2022). Net income: JP¥2.93b (down 44% from 2Q 2022). Profit margin: 1.5% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Hospitality industry in Germany. Duyuru • Sep 24
Zensho Holdings Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Zensho Holdings Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 07 December 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.9%). Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥29.11 (vs JP¥8.10 in 1Q 2022) First quarter 2023 results: EPS: JP¥29.11 (up from JP¥8.10 in 1Q 2022). Revenue: JP¥178.4b (up 17% from 1Q 2022). Net income: JP¥4.43b (up 259% from 1Q 2022). Profit margin: 2.5% (up from 0.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.0%, compared to a 716% growth forecast for the industry in Germany. Duyuru • Jun 29
Zensho Holdings Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Zensho Holdings Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥91.17 (vs JP¥14.81 in FY 2021) Full year 2022 results: EPS: JP¥91.17 (up from JP¥14.81 in FY 2021). Revenue: JP¥658.5b (up 11% from FY 2021). Net income: JP¥13.9b (up JP¥11.6b from FY 2021). Profit margin: 2.1% (up from 0.4% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.1%, compared to a 35% growth forecast for the restaurants industry in Germany. Duyuru • May 15
Zensho Holdings Co., Ltd., Annual General Meeting, Jun 24, 2022 Zensho Holdings Co., Ltd., Annual General Meeting, Jun 24, 2022. Agenda: AGM. Duyuru • Apr 08
Zensho Holdings Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Zensho Holdings Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (2.3%). Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥46.65 (up from JP¥11.31 in 3Q 2021). Revenue: JP¥176.2b (up 9.9% from 3Q 2021). Net income: JP¥7.10b (up 313% from 3Q 2021). Profit margin: 4.0% (up from 1.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 7.7%, compared to a 18% growth forecast for the industry in Germany. Reported Earnings • Nov 14
Second quarter 2022 earnings released: EPS JP¥34.18 (vs JP¥29.26 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥164.4b (up 3.0% from 2Q 2021). Net income: JP¥5.20b (up 16% from 2Q 2021). Profit margin: 3.2% (up from 2.8% in 2Q 2021). Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.1%). Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥14.81 (vs JP¥80.31 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥595.0b (down 5.6% from FY 2020). Net income: JP¥2.26b (down 81% from FY 2020). Profit margin: 0.4% (down from 1.9% in FY 2020). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.6%). Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥11.31 (vs JP¥18.61 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥160.4b (flat on 3Q 2020). Net income: JP¥1.72b (down 38% from 3Q 2020). Profit margin: 1.1% (down from 1.7% in 3Q 2020). Analyst Estimate Surprise Post Earnings • Feb 07
Revenue misses expectations Revenue missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 8.2%, compared to a 27% growth forecast for the Hospitality industry in Germany. Is New 90 Day High Low • Jan 27
New 90-day high: €23.14 The company is up 15% from its price of €20.20 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.79 per share. Duyuru • Dec 27
Zensho Holdings Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021 Zensho Holdings Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Analyst Estimate Surprise Post Earnings • Nov 15
Revenue misses expectations Revenue missed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 7.2% compared to a 3.4% decline forecast for the Hospitality industry in Germany. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS JP¥29.26 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥159.6b (down 4.2% from 2Q 2020). Net income: JP¥4.47b (down 22% from 2Q 2020). Profit margin: 2.8% (down from 3.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Nov 12
New 90-day high: €21.20 The company is up 23% from its price of €17.30 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.22 per share. Duyuru • Sep 06
Zensho Holdings Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020 Zensho Holdings Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020 Duyuru • Jul 30
Zensho Holdings Co., Ltd. (TSE:7550) acquired a 70% stake in Worldfood To Go SL. Zensho Holdings Co., Ltd. (TSE:7550) acquired a 70% stake in Worldfood To Go SL on December 20, 2019. Upon completion, Ogawa Johei and Fujiwara Tomoaki are registered as officers of Worldfood To Go. Barclays Securities Japan Limited acted as the financial advisor to Zensho Holdings Co., Ltd. (TSE:7550).
Zensho Holdings Co., Ltd. (TSE:7550) completed the acquisition of a 70% stake in Worldfood To Go SL on December 20, 2019. 
