Reported Earnings • Jul 31
First quarter 2027 earnings released: EPS: JP¥240 (vs JP¥146 in 1Q 2026) First quarter 2027 results: EPS: JP¥240 (up from JP¥146 in 1Q 2026). Revenue: JP¥129.5b (up 34% from 1Q 2026). Net income: JP¥32.6b (up 64% from 1Q 2026). Profit margin: 25% (up from 21% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥22,705, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 13x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 199% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥20,544 per share. Declared Dividend • Jul 26
Final dividend of JP¥112 announced Shareholders will receive a dividend of JP¥112. Ex-date: 29th September 2026 Payment date: 20th November 2026 Dividend yield will be 1.4%, which is about the same as the industry average. Payout Ratios Payout ratio: 30%. Cash payout ratio: 38%. Duyuru • Jul 08
Konami Group Corporation to Report Q1, 2027 Results on Jul 30, 2026 Konami Group Corporation announced that they will report Q1, 2027 results on Jul 30, 2026 Reported Earnings • May 11
Full year 2026 earnings released: EPS: JP¥738 (vs JP¥551 in FY 2025) Full year 2026 results: EPS: JP¥738 (up from JP¥551 in FY 2025). Revenue: JP¥493.7b (up 17% from FY 2025). Net income: JP¥100.0b (up 34% from FY 2025). Profit margin: 20% (up from 18% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 08
Konami Group Corporation, Annual General Meeting, Jun 25, 2026 Konami Group Corporation, Annual General Meeting, Jun 25, 2026. Duyuru • Apr 08
Konami Group Corporation to Report Fiscal Year 2026 Results on May 08, 2026 Konami Group Corporation announced that they will report fiscal year 2026 results on May 08, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥108 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (3.1%). Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥17,880, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,001 per share. Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: JP¥206 (vs JP¥197 in 3Q 2025) Third quarter 2026 results: EPS: JP¥206 (up from JP¥197 in 3Q 2025). Revenue: JP¥128.2b (up 1.1% from 3Q 2025). Net income: JP¥27.9b (up 4.3% from 3Q 2025). Profit margin: 22% (in line with 3Q 2025). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jan 09
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 British stocks, typically moving 7.1% 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. Duyuru • Jan 07
Konami Group Corporation to Report Q3, 2026 Results on Jan 29, 2026 Konami Group Corporation announced that they will report Q3, 2026 results on Jan 29, 2026 Declared Dividend • Nov 21
First half dividend of JP¥83.00 announced Shareholders will receive a dividend of JP¥83.00. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 40%. Cash payout ratio: 42%. Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥197 (vs JP¥127 in 2Q 2025) Second quarter 2026 results: EPS: JP¥197 (up from JP¥127 in 2Q 2025). Revenue: JP¥127.9b (up 36% from 2Q 2025). Net income: JP¥26.7b (up 55% from 2Q 2025). Profit margin: 21% (up from 18% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 30
Konami Group Corporation Announces Dividend for the Second Quarter-End of Fiscal Year Ending March 31, 2026, Payable on November 20, 2025 Konami Group Corporation announced dividend for the second quarter-end of fiscal year ending March 31, 2026. For the second quarter-end, the company announced to pay dividend of JPY 83.00 per share against JPY 66.00 per share a year ago. Beginning date of dividend payment: November 20, 2025. Duyuru • Oct 02
Konami Group Corporation to Report Q2, 2026 Results on Oct 30, 2025 Konami Group Corporation announced that they will report Q2, 2026 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥23,500, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 17x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 247% over the past three years. Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥146 (vs JP¥141 in 1Q 2025) First quarter 2026 results: EPS: JP¥146 (up from JP¥141 in 1Q 2025). Revenue: JP¥97.0b (up 7.7% from 1Q 2025). Net income: JP¥19.8b (up 3.5% from 1Q 2025). Profit margin: 21% (in line with 1Q 2025). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 10
Final dividend of JP¥83.00 announced Shareholders will receive a dividend of JP¥83.00. Ex-date: 29th September 2025 Payment date: 21st November 2025 Dividend yield will be 0.9%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 24%. Cash payout ratio: 47%. Reported Earnings • May 10
Full year 2025 earnings released: EPS: JP¥551 (vs JP¥436 in FY 2024) Full year 2025 results: EPS: JP¥551 (up from JP¥436 in FY 2024). Revenue: JP¥421.6b (up 17% from FY 2024). Net income: JP¥74.7b (up 26% from FY 2024). Profit margin: 18% (up from 16% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 08
Konami Group Corporation, Annual General Meeting, Jun 26, 2025 Konami Group Corporation, Annual General Meeting, Jun 26, 2025. Board Change • Apr 24
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Yoko Zetterlund was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 10
Konami Group Corporation to Report Fiscal Year 2025 Results on May 08, 2025 Konami Group Corporation announced that they will report fiscal year 2025 results on May 08, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥89.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥18,445, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Entertainment industry in the United Kingdom. Total returns to shareholders of 181% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,988 per share. Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥197 (vs JP¥130 in 3Q 2024) Third quarter 2025 results: EPS: JP¥197 (up from JP¥130 in 3Q 2024). Revenue: JP¥126.7b (up 28% from 3Q 2024). Net income: JP¥26.7b (up 51% from 3Q 2024). Profit margin: 21% (up from 18% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 09
Konami Group Corporation to Report Q3, 2025 Results on Jan 31, 2025 Konami Group Corporation announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Nov 22
First half dividend of JP¥66.00 announced Shareholders will receive a dividend of JP¥66.00. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 0.9%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 32%. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥127 (vs JP¥99.29 in 2Q 2024) Second quarter 2025 results: EPS: JP¥127 (up from JP¥99.29 in 2Q 2024). Revenue: JP¥94.0b (up 16% from 2Q 2024). Net income: JP¥17.2b (up 28% from 2Q 2024). Profit margin: 18% (up from 17% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 04
Konami Group Corporation to Report Q2, 2025 Results on Oct 31, 2024 Konami Group Corporation announced that they will report Q2, 2025 results on Oct 31, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥66.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 25 November 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (1.9%). Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥141 (vs JP¥98.67 in 1Q 2024) First quarter 2025 results: EPS: JP¥141 (up from JP¥98.67 in 1Q 2024). Revenue: JP¥90.0b (up 24% from 1Q 2024). Net income: JP¥19.2b (up 43% from 1Q 2024). Profit margin: 21% (up from 18% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥66.00 announced Shareholders will receive a dividend of JP¥66.00. Ex-date: 27th September 2024 Payment date: 25th November 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 30%. Cash payout ratio: 24%. Duyuru • Jul 08
Konami Group Corporation to Report Q1, 2025 Results on Aug 01, 2024 Konami Group Corporation announced that they will report Q1, 2025 results on Aug 01, 2024 Reported Earnings • May 10
Full year 2024 earnings released: EPS: JP¥436 (vs JP¥259 in FY 2023) Full year 2024 results: EPS: JP¥436 (up from JP¥259 in FY 2023). Revenue: JP¥360.3b (up 15% from FY 2023). Net income: JP¥59.2b (up 70% from FY 2023). Profit margin: 16% (up from 11% in FY 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 6.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 26
Bloober Games and Konon Plan to Announce Release Date of Silent Hill 2 in Following Months Bloober Team and Konami will announce the release date and the platforms on which the remake of the game Silent Hill 2 will appear in the following months in marketing materials. The company's series project based on the game The Medium is in pre-production. Babieno indicated that the company's publishing offensive is to be launched with a remake of the Silent Hill 2 game, co-developed with Konami. Konami had communicated that the game would be released in 2024. The company is also continuing work on a live-action project based on the game The Medium. The series is being developed in collaboration with Platige Image. Duyuru • Apr 10
Konami Group Corporation to Report Fiscal Year 2024 Results on May 09, 2024 Konami Group Corporation announced that they will report fiscal year 2024 results on May 09, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥62.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (6.3%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥130 (vs JP¥57.05 in 3Q 2023) Third quarter 2024 results: EPS: JP¥130 (up from JP¥57.05 in 3Q 2023). Revenue: JP¥99.2b (up 26% from 3Q 2023). Net income: JP¥17.7b (up 129% from 3Q 2023). Profit margin: 18% (up from 9.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year. Duyuru • Feb 01
Konami Group Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024 Konami Group Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revenue to be JPY 343,000 million, Operating profit to be JPY 72,000 million, Profit before income taxes to be JPY 72,000 million, Profit attributable to owners of parent to be JPY 51,000 million and basic earnings per share to be JPY 376.22 compared to the previous guidance of revenue of JPY 328,000 million, Operating profit of JPY 60,000 million, Profit before income taxes of JPY 59,000 million, Profit attributable to owners of parent of JPY 41,000 million and basic earnings per share of JPY 302.45. Duyuru • Jan 09
Konami Group Corporation to Report Q3, 2024 Results on Feb 01, 2024 Konami Group Corporation announced that they will report Q3, 2024 results on Feb 01, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥99.29 (vs JP¥62.51 in 2Q 2023) Second quarter 2024 results: EPS: JP¥99.29 (up from JP¥62.51 in 2Q 2023). Revenue: JP¥81.2b (up 6.2% from 2Q 2023). Net income: JP¥13.5b (up 60% from 2Q 2023). Profit margin: 17% (up from 11% in 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 05
Konami Group Corporation to Report Q2, 2024 Results on Nov 02, 2023 Konami Group Corporation announced that they will report Q2, 2024 results on Nov 02, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥62.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (1.8%). Duyuru • Aug 04
Konami Group Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024 Konami Group Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expected revenue of JPY 328,000 million, Operating profit of JPY 60,000 million, Profit attributable to owners of parent of JPY 41,000 million, Basic earnings per share JPY 302.45. Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: JP¥98.67 (vs JP¥85.41 in 1Q 2023) First quarter 2024 results: EPS: JP¥98.67 (up from JP¥85.41 in 1Q 2023). Revenue: JP¥72.6b (up 1.0% from 1Q 2023). Net income: JP¥13.4b (up 17% from 1Q 2023). Profit margin: 18% (up from 16% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥259 (vs JP¥411 in FY 2022) Full year 2023 results: EPS: JP¥259 (down from JP¥411 in FY 2022). Revenue: JP¥314.3b (up 4.9% from FY 2022). Net income: JP¥34.9b (down 36% from FY 2022). Profit margin: 11% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 28% per year. Duyuru • May 13
Konami Group Corporation, Annual General Meeting, Jun 28, 2023 Konami Group Corporation, Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥62.00 per share at 1.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (1.8%). Reported Earnings • Feb 03
Third quarter 2023 earnings released: EPS: JP¥57.05 (vs JP¥111 in 3Q 2022) Third quarter 2023 results: EPS: JP¥57.05 (down from JP¥111 in 3Q 2022). Revenue: JP¥78.5b (up 3.9% from 3Q 2022). Net income: JP¥7.72b (down 48% from 3Q 2022). Profit margin: 9.8% (down from 20% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 07
Konami Group Corporation to Report Q3, 2023 Results on Feb 02, 2023 Konami Group Corporation announced that they will report Q3, 2023 results on Feb 02, 2023 Board Change • Nov 16
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. 5 non-independent directors. Independent Outside Director Kaori Yamaguchi was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Second quarter 2023 earnings released: EPS: JP¥62.52 (vs JP¥104 in 2Q 2022) Second quarter 2023 results: EPS: JP¥62.52 (down from JP¥104 in 2Q 2022). Revenue: JP¥76.5b (up 7.4% from 2Q 2022). Net income: JP¥8.42b (down 40% from 2Q 2022). Profit margin: 11% (down from 20% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥62.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 25 November 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (2.2%). Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥85.41 (vs JP¥103 in 1Q 2022) First quarter 2023 results: EPS: JP¥85.41 (down from JP¥103 in 1Q 2022). Revenue: JP¥71.9b (up 5.2% from 1Q 2022). Net income: JP¥11.4b (down 16% from 1Q 2022). Profit margin: 16% (down from 20% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 11%, compared to a 29% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 05
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be JP¥9,208, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period. Buying Opportunity • Jun 16
Now 20% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥9,816, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings is also forecast to grow by 6.9% per annum over the same time period. Reported Earnings • May 14
Full year 2022 earnings released: EPS: JP¥411 (vs JP¥242 in FY 2021) Full year 2022 results: EPS: JP¥411 (up from JP¥242 in FY 2021). Revenue: JP¥299.5b (up 9.9% from FY 2021). Net income: JP¥54.8b (up 70% from FY 2021). Profit margin: 18% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.3%, compared to a 32% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Board Change • May 06
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. 5 non-independent directors. Independent Outside Director Kaori Yamaguchi was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥36.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥111 (up from JP¥99.18 in 3Q 2021). Revenue: JP¥75.6b (flat on 3Q 2021). Net income: JP¥14.8b (up 12% from 3Q 2021). Profit margin: 20% (up from 17% in 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.7%, compared to a 38% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year. Board Change • Jan 17
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. 5 non-independent directors. Independent Outside Director Kaori Yamaguchi was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS JP¥104 (vs JP¥72.05 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥71.2b (up 13% from 2Q 2021). Net income: JP¥13.9b (up 45% from 2Q 2021). Profit margin: 20% (up from 15% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Board Change • Nov 05
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. 5 non-independent directors. Independent Outside Director Kaori Yamaguchi was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥103 (vs JP¥31.48 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥68.3b (up 29% from 1Q 2021). Net income: JP¥13.7b (up 226% from 1Q 2021). Profit margin: 20% (up from 7.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥242 (vs JP¥147 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥272.7b (up 3.7% from FY 2020). Net income: JP¥32.3b (up 62% from FY 2020). Profit margin: 12% (up from 7.6% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥22.50 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 10 June 2021. Trailing yield: 0.7%. Lower than top quartile of British dividend payers (4.4%). Lower than average of industry peers (1.8%). Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS JP¥99.18 (vs JP¥8.19 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥75.9b (up 5.3% from 3Q 2020). Net income: JP¥13.2b (up JP¥12.1b from 3Q 2020). Profit margin: 17% (up from 1.5% 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 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 06
Revenue beats expectations Revenue exceeded analyst estimates by 7.9%. Over the next year, revenue is forecast to grow 5.2%, compared to a 19% growth forecast for the Entertainment industry in the United Kingdom. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 23% share price gain to JP¥5,130, the stock is trading at a trailing P/E ratio of 38.1x, up from the previous P/E ratio of 31x. This compares to an average P/E of 44x in the Entertainment industry in the United Kingdom. Total return to shareholders over the past three years is a loss of 9.0%. Reported Earnings • Nov 07
Second quarter 2021 earnings released: EPS JP¥72.05 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥63.2b (down 2.2% from 2Q 2020). Net income: JP¥9.60b (up 21% from 2Q 2020). Profit margin: 15% (up from 12% 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 16% per year whereas the company’s share price has fallen by 11% per year. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to stay flat compared to a 25% growth forecast for the Entertainment industry in the United Kingdom. 
