Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Nobuko Sowa was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 14
USS Co., Ltd. (TSE:4732) announces an Equity Buyback for 12,000,000 shares, representing 2.58% for ¥18,000 million. USS Co., Ltd. (TSE:4732) announces a share repurchase program. Under the program, the company will repurchase up to 12,000,000 shares, representing 2.58% of its issued share capital (excluding treasury stock), for a total purchase price of ¥18,000 million. The purpose of the program is to enhance corporate value by maintaining a Return on Equity (ROE) of no less than 20% and to strengthen shareholder returns through a combination of stable dividends and continuous share repurchases. The program is valid till May 13, 2026. As of March 31, 2026, the company has 464,373,398 issued shares (excluding treasury stock) and 9,626,602 treasury shares. Duyuru • May 12
USS Co., Ltd., Annual General Meeting, Jun 23, 2026 USS Co., Ltd., Annual General Meeting, Jun 23, 2026. Duyuru • May 10
USS Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026 USS Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026 Duyuru • Nov 29
USS Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 USS Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Duyuru • Sep 01
USS Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 USS Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Duyuru • Jun 24
USS Co., Ltd. (TSE:4732) announces an Equity Buyback for 11,000,000 shares, representing 2.32% for ¥16,000 million. USS Co., Ltd. (TSE:4732) announces a share repurchase program. Under the program, the company will repurchase up to 11,000,000 shares, representing 2.32% of its issued share capital (excluding treasury stock), for a total purchase price of ¥16,000 million. The purpose of the program is to enhance corporate value by maintaining a Return on Equity (ROE) of no less than 20% and to strengthen shareholder returns through a combination of stable dividends and continuous share repurchases. The program is valid till June 25, 2025 . As of March 31, 2025, the company has 473,612,378 issued shares (excluding treasury stock) and 40,387,622 treasury shares. Duyuru • May 31
USS Co., Ltd. to Report Q1, 2026 Results on Aug 05, 2025 USS Co., Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025 Duyuru • May 13
USS Co., Ltd., Annual General Meeting, Jun 24, 2025 USS Co., Ltd., Annual General Meeting, Jun 24, 2025. Duyuru • Mar 01
USS Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 USS Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Duyuru • Dec 01
USS Co., Ltd. to Report Q3, 2025 Results on Feb 04, 2025 USS Co., Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥18.50 (vs JP¥16.78 in 2Q 2024) Second quarter 2025 results: EPS: JP¥18.50 (up from JP¥16.78 in 2Q 2024). Revenue: JP¥24.8b (up 2.7% from 2Q 2024). Net income: JP¥8.89b (up 10% from 2Q 2024). Profit margin: 36% (up from 33% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 2.1% 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 26% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 07
USS Co., Ltd. (TSE:4732) announces an Equity Buyback for 10,000,000 shares, representing 2.08% for ¥10,000 million. USS Co., Ltd. (TSE:4732) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 2.08% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,000 million. The purpose of the program is to improve corporate value, improving capital efficiency and to improve shareholder returns. The program is valid till March 31, 2025 . As of August 31, 2024, the company has 480,979,778 issued shares (excluding treasury stock) and 33,020,222 treasury shares. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.60 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 53% 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 (3.1%). Duyuru • Aug 27
USS Co., Ltd. to Report Q2, 2025 Results on Nov 05, 2024 USS Co., Ltd. announced that they will report Q2, 2025 results on Nov 05, 2024 Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: JP¥19.26 (vs JP¥16.65 in 1Q 2024) First quarter 2025 results: EPS: JP¥19.26 (up from JP¥16.65 in 1Q 2024). Revenue: JP¥25.6b (up 7.2% from 1Q 2024). Net income: JP¥9.25b (up 14% from 1Q 2024). Profit margin: 36% (up from 34% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail 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 2% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 05
Now 24% undervalued Over the last 90 days, the stock has risen 5.7% to €7.40. The fair value is estimated to be €9.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 3.1% per annum over the same time period. Declared Dividend • Jul 11
Final dividend of JP¥20.10 announced Shareholders will receive a dividend of JP¥20.10. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 270%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 9.7% 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 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Jun 02
USS Co., Ltd. to Report Q1, 2025 Results on Aug 06, 2024 USS Co., Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024 Duyuru • May 10
USS Co., Ltd., Annual General Meeting, Jun 25, 2024 USS Co., Ltd., Annual General Meeting, Jun 25, 2024. Reported Earnings • May 09
Full year 2024 earnings released: EPS: JP¥137 (vs JP¥61.35 in FY 2023) Full year 2024 results: EPS: JP¥137 (up from JP¥61.35 in FY 2023). Revenue: JP¥97.6b (up 9.9% from FY 2023). Net income: JP¥32.9b (up 9.7% from FY 2023). Profit margin: 34% (in line with FY 2023). Revenue is forecast to stay flat 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 57% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Mar 27
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 113% Dividend yield: 6.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥38.40 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (3.0%). Duyuru • Mar 02
USS Co., Ltd. to Report Fiscal Year 2024 Results on May 08, 2024 USS Co., Ltd. announced that they will report fiscal year 2024 results on May 08, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥34.58 (vs JP¥29.68 in 3Q 2023) Third quarter 2024 results: EPS: JP¥34.58 (up from JP¥29.68 in 3Q 2023). Revenue: JP¥23.4b (up 6.6% from 3Q 2023). Net income: JP¥8.30b (up 14% from 3Q 2023). Profit margin: 35% (up from 33% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat 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 42% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jan 23
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to €17.40. The fair value is estimated to be €14.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings are also forecast to grow by 0.1% per annum over the same time period. Duyuru • Nov 27
USS Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024 USS 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¥33.57 (vs JP¥29.35 in 2Q 2023) Second quarter 2024 results: EPS: JP¥33.57 (up from JP¥29.35 in 2Q 2023). Revenue: JP¥24.2b (up 14% from 2Q 2023). Net income: JP¥8.06b (up 12% from 2Q 2023). Profit margin: 33% (in line with 2Q 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 39% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥34.70 per share at 2.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.0%). Duyuru • Aug 27
USS Co., Ltd. to Report Q2, 2024 Results on Nov 07, 2023 USS Co., Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥33.29 (vs JP¥30.39 in 1Q 2023) First quarter 2024 results: EPS: JP¥33.29 (up from JP¥30.39 in 1Q 2023). Revenue: JP¥23.9b (up 13% from 1Q 2023). Net income: JP¥8.10b (up 8.9% from 1Q 2023). Profit margin: 34% (down from 35% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 22
USS Co., Ltd. (TSE:4732) announces an Equity Buyback for 5,000,000 shares, for ¥12,500 million. USS Co., Ltd. (TSE:4732) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 2.04% of its issued share capital (excluding treasury stock), for a total purchase price of ¥12,500 million. The purpose of the program is to improve corporate value, business expansion through investment and capital policies and to improve shareholder returns. As of March 31, 2023, the company has 244,627,014 issued shares (excluding treasury stock) and 12,372,986 treasury shares. Reported Earnings • Jun 22
Full year 2023 earnings released: EPS: JP¥123 (vs JP¥120 in FY 2022) Full year 2023 results: EPS: JP¥123 (up from JP¥120 in FY 2022). Revenue: JP¥88.8b (up 9.0% from FY 2022). Net income: JP¥30.0b (flat on FY 2022). Profit margin: 34% (down from 37% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 19
USS Co., Ltd. to Report Q1, 2024 Results on Aug 08, 2023 USS Co., Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 10
Full year 2023 earnings released: EPS: JP¥123 (vs JP¥120 in FY 2022) Full year 2023 results: EPS: JP¥123 (up from JP¥120 in FY 2022). Revenue: JP¥88.8b (up 9.0% from FY 2022). Net income: JP¥30.0b (flat on FY 2022). Profit margin: 34% (down from 37% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 7.1% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥33.80 per share at 3.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.9%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥29.68 (vs JP¥32.18 in 3Q 2022) Third quarter 2023 results: EPS: JP¥29.68 (down from JP¥32.18 in 3Q 2022). Revenue: JP¥22.0b (up 11% from 3Q 2022). Net income: JP¥7.26b (down 9.2% from 3Q 2022). Profit margin: 33% (down from 40% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% 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 fallen by 2% per year, which means it is significantly lagging earnings. Duyuru • Dec 01
USS Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023 USS Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥29.35 (vs JP¥27.57 in 2Q 2022) Second quarter 2023 results: EPS: JP¥29.35 (up from JP¥27.57 in 2Q 2022). Revenue: JP¥21.3b (up 9.7% from 2Q 2022). Net income: JP¥7.18b (up 4.4% from 2Q 2022). Profit margin: 34% (down from 35% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 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 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥29.35 (vs JP¥27.57 in 2Q 2022) Second quarter 2023 results: EPS: JP¥29.35 (up from JP¥27.57 in 2Q 2022). Revenue: JP¥21.3b (up 9.7% from 2Q 2022). Net income: JP¥7.18b (up 4.4% from 2Q 2022). Profit margin: 34% (down from 35% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat 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 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥33.70 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.4%). Duyuru • Sep 07
USS Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 USS Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 03
First quarter 2023 earnings released: EPS: JP¥30.39 (vs JP¥29.47 in 1Q 2022) First quarter 2023 results: EPS: JP¥30.39 (up from JP¥29.47 in 1Q 2022). Revenue: JP¥21.1b (up 3.8% from 1Q 2022). Net income: JP¥7.44b (up 1.2% from 1Q 2022). Profit margin: 35% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 3.0%, compared to a 8.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Board Change • Aug 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 2 highly experienced directors. President, Representative Director & COO Dai Seta is the most experienced director on the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jul 17
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 2 highly experienced directors. President, Representative Director & COO Dai Seta is the most experienced director on the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jun 26
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥81.5b (up 8.8% from FY 2021). Net income: JP¥29.7b (up JP¥25.7b from FY 2021). Profit margin: 37% (up from 5.4% in FY 2021). The increase in margin was primarily driven by lower expenses. Over the next year, revenue is forecast to grow 3.7%, compared to a 9.3% growth forecast for the retail industry in Germany. Duyuru • Jun 09
USS Co., Ltd. to Report Q1, 2023 Results on Aug 02, 2022 USS Co., Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022 Duyuru • May 12
USS Co., Ltd., Annual General Meeting, Jun 21, 2022 USS Co., Ltd., Annual General Meeting, Jun 21, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥120 (vs JP¥16.13 in FY 2021) Full year 2022 results: EPS: JP¥120 (up from JP¥16.13 in FY 2021). Revenue: JP¥81.5b (up 8.8% from FY 2021). Net income: JP¥29.7b (up JP¥25.7b from FY 2021). Profit margin: 37% (up from 5.4% in FY 2021). The increase in margin was primarily driven by lower expenses. Over the next year, revenue is forecast to stay flat compared to a 12% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Duyuru • Apr 08
USS Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022 USS Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥29.20 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 16 June 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 08
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥32.18 (up from JP¥27.16 in 3Q 2021). Revenue: JP¥19.8b (flat on 3Q 2021). Net income: JP¥8.00b (up 18% from 3Q 2021). Profit margin: 40% (up from 34% in 3Q 2021). Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 1.4%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% 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. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥27.57 (vs JP¥25.38 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥19.4b (up 6.5% from 2Q 2021). Net income: JP¥6.88b (up 8.7% from 2Q 2021). Profit margin: 35% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 36% 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
Upcoming dividend of JP¥29.20 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 11 December 2021. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%). Reported Earnings • Aug 04
First quarter 2022 earnings released: EPS JP¥29.47 (vs JP¥18.51 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥20.4b (up 27% from 1Q 2021). Net income: JP¥7.35b (up 59% from 1Q 2021). Profit margin: 36% (up from 29% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 28% 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. Reported Earnings • Jun 18
Full year 2021 earnings released: EPS JP¥16.13 (vs JP¥82.45 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥74.9b (down 4.2% from FY 2020). Net income: JP¥4.02b (down 81% from FY 2020). Profit margin: 5.4% (down from 26% in FY 2020). 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 5% per year, which means it has not declined as severely as earnings. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥16.13 (vs JP¥82.45 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥74.9b (down 4.2% from FY 2020). Net income: JP¥4.02b (down 81% from FY 2020). Profit margin: 5.4% (down from 26% in FY 2020). 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 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.75 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (2.6%). Duyuru • Mar 04
USS Co., Ltd. to Report Fiscal Year 2021 Results on May 11, 2021 USS Co., Ltd. announced that they will report fiscal year 2021 results on May 11, 2021 Is New 90 Day High Low • Feb 18
New 90-day low: €15.50 The company is down 12% from its price of €17.60 on 19 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.70 per share. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥27.16 (vs JP¥24.19 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥19.7b (up 1.5% from 3Q 2020). Net income: JP¥6.77b (up 12% from 3Q 2020). Profit margin: 34% (up from 31% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue beats expectations Revenue exceeded analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 2.3%, compared to a 8.1% growth forecast for the Specialty Retail industry in Germany. Duyuru • Nov 29
USS Co., Ltd. to Report Q3, 2021 Results on Feb 08, 2021 USS Co., Ltd. announced that they will report Q3, 2021 results on Feb 08, 2021 Analyst Estimate Surprise Post Earnings • Nov 11
Revenue beats expectations Revenue exceeded analyst estimates by 6.8%. Over the next year, revenue is forecast to stay flat compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥25.38 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥18.2b (down 3.8% from 2Q 2020). Net income: JP¥6.33b (up 5.9% from 2Q 2020). Profit margin: 35% (up from 32% 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 5% per year whereas the company’s share price has remained flat. Is New 90 Day High Low • Nov 06
New 90-day high: €15.90 The company is up 23% from its price of €12.90 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.43 per share. Is New 90 Day High Low • Oct 14
New 90-day high: €15.70 The company is up 12% from its price of €14.00 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.29 per share. Is New 90 Day High Low • Sep 18
New 90-day high: €15.00 The company is up 3.0% from its price of €14.50 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.39 per share. Duyuru • Sep 04
USS Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 USS Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020 
