Upcoming Dividend • Jun 25
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 30 September 2026. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.4%). Duyuru • Jun 03
Being Holdings Co., Ltd. to Report Q2, 2026 Results on Aug 14, 2026 Being Holdings Co., Ltd. announced that they will report Q2, 2026 results on Aug 14, 2026 Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Outside Director Hirokazu Hasegawa was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Feb 13
Being Holdings Co., Ltd., Annual General Meeting, Mar 27, 2026 Being Holdings Co., Ltd., Annual General Meeting, Mar 27, 2026. Duyuru • Dec 12
Being Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026 Being Holdings Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026 Duyuru • Sep 04
Being Holdings Co., Ltd. to Report Q3, 2025 Results on Nov 14, 2025 Being Holdings Co., Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025 Duyuru • Jun 12
Being Holdings Co., Ltd. to Report Q2, 2025 Results on Aug 14, 2025 Being Holdings Co., Ltd. announced that they will report Q2, 2025 results on Aug 14, 2025 Duyuru • Mar 04
Being Holdings Co., Ltd. to Report Q1, 2025 Results on May 15, 2025 Being Holdings Co., Ltd. announced that they will report Q1, 2025 results on May 15, 2025 Duyuru • Feb 14
Being Holdings Co., Ltd., Annual General Meeting, Mar 28, 2025 Being Holdings Co., Ltd., Annual General Meeting, Mar 28, 2025. Duyuru • Dec 05
Being Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025 Being Holdings Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025 New Risk • Oct 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (€90.3m market cap, or US$97.5m). New Risk • Oct 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.3m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€91.3m market cap, or US$99.8m). Duyuru • Aug 28
Being Holdings Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024 Being Holdings Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024 Reported Earnings • Aug 19
Second quarter 2024 earnings released: EPS: JP¥62.39 (vs JP¥46.45 in 2Q 2023) Second quarter 2024 results: EPS: JP¥62.39 (up from JP¥46.45 in 2Q 2023). Revenue: JP¥7.51b (up 16% from 2Q 2023). Net income: JP¥372.0m (up 36% from 2Q 2023). Profit margin: 5.0% (up from 4.2% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Logistics industry in Europe. New Risk • Aug 05
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€84.4m market cap, or US$92.3m). Duyuru • Jun 06
Being Holdings Co., Ltd. to Report Q2, 2024 Results on Aug 14, 2024 Being Holdings Co., Ltd. announced that they will report Q2, 2024 results on Aug 14, 2024 Reported Earnings • May 20
First quarter 2024 earnings released: EPS: JP¥29.35 (vs JP¥27.22 in 1Q 2023) First quarter 2024 results: EPS: JP¥29.35 (up from JP¥27.22 in 1Q 2023). Revenue: JP¥6.93b (up 20% from 1Q 2023). Net income: JP¥175.0m (up 9.4% from 1Q 2023). Profit margin: 2.5% (down from 2.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Logistics industry in Europe. New Risk • Mar 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €92.2m (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Duyuru • Mar 09
Being Holdings Co., Ltd. to Report Q1, 2024 Results on May 15, 2024 Being Holdings Co., Ltd. announced that they will report Q1, 2024 results on May 15, 2024 Reported Earnings • Feb 18
Full year 2023 earnings released: EPS: JP¥191 (vs JP¥150 in FY 2022) Full year 2023 results: EPS: JP¥191 (up from JP¥150 in FY 2022). Revenue: JP¥26.3b (up 14% from FY 2022). Net income: JP¥1.12b (up 29% from FY 2022). Profit margin: 4.3% (up from 3.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Logistics industry in Europe. Duyuru • Feb 17
Being Holdings Co., Ltd., Annual General Meeting, Mar 28, 2024 Being Holdings Co., Ltd., Annual General Meeting, Mar 28, 2024. Duyuru • Dec 05
Being Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024 Being Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024 Reported Earnings • Nov 20
Third quarter 2023 earnings released: EPS: JP¥51.04 (vs JP¥41.83 in 3Q 2022) Third quarter 2023 results: EPS: JP¥51.04 (up from JP¥41.83 in 3Q 2022). Revenue: JP¥6.78b (up 12% from 3Q 2022). Net income: JP¥300.0m (up 24% from 3Q 2022). Profit margin: 4.4% (up from 4.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €14.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Logistics industry in Europe. New Risk • Oct 13
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 6.1% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €18.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Logistics industry in Europe. Duyuru • Sep 01
Being Holdings Co., Ltd. to Report Q3, 2023 Results on Nov 14, 2023 Being Holdings Co., Ltd. announced that they will report Q3, 2023 results on Nov 14, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: JP¥46.45 (vs JP¥29.73 in 2Q 2022) Second quarter 2023 results: EPS: JP¥46.45 (up from JP¥29.73 in 2Q 2022). Revenue: JP¥6.50b (up 16% from 2Q 2022). Net income: JP¥273.0m (up 59% from 2Q 2022). Profit margin: 4.2% (up from 3.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat.