Reported Earnings • May 17
Full year 2026 earnings released: EPS: JP¥163 (vs JP¥163 in FY 2025) Full year 2026 results: EPS: JP¥163 (up from JP¥163 in FY 2025). Revenue: JP¥16.5b (up 1.5% from FY 2025). Net income: JP¥1.37b (flat on FY 2025). Profit margin: 8.3% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year. Duyuru • May 13
VIS Co., Ltd., Annual General Meeting, Jun 25, 2026 VIS Co., Ltd., Annual General Meeting, Jun 25, 2026. Duyuru • May 09
VIS Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 VIS Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥49.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Buy Or Sell Opportunity • Mar 09
Now 20% undervalued Over the last 90 days, the stock has risen 19% to JP¥1,640. The fair value is estimated to be JP¥2,053, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 16%. Buy Or Sell Opportunity • Feb 18
Now 21% undervalued Over the last 90 days, the stock has risen 18% to JP¥1,620. The fair value is estimated to be JP¥2,048, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 16%. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥43.85 (vs JP¥38.31 in 3Q 2025) Third quarter 2026 results: EPS: JP¥43.85 (up from JP¥38.31 in 3Q 2025). Revenue: JP¥4.37b (up 5.0% from 3Q 2025). Net income: JP¥367.0m (up 15% from 3Q 2025). Profit margin: 8.4% (up from 7.7% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥30.61 (vs JP¥43.80 in 2Q 2025) Second quarter 2026 results: EPS: JP¥30.61 (down from JP¥43.80 in 2Q 2025). Revenue: JP¥3.76b (down 13% from 2Q 2025). Net income: JP¥256.0m (down 30% from 2Q 2025). Profit margin: 6.8% (down from 8.4% in 2Q 2025). The decrease in margin was driven by lower revenue. Reported Earnings • Aug 11
First quarter 2026 earnings released: EPS: JP¥18.92 (vs JP¥33.46 in 1Q 2025) First quarter 2026 results: EPS: JP¥18.92 (down from JP¥33.46 in 1Q 2025). Revenue: JP¥3.11b (down 15% from 1Q 2025). Net income: JP¥158.0m (down 43% from 1Q 2025). Profit margin: 5.1% (down from 7.6% in 1Q 2025). The decrease in margin was driven by lower revenue. Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥163 (vs JP¥120 in FY 2024) Full year 2025 results: EPS: JP¥163 (up from JP¥120 in FY 2024). Revenue: JP¥16.3b (up 13% from FY 2024). Net income: JP¥1.36b (up 37% from FY 2024). Profit margin: 8.3% (up from 6.9% in FY 2024). The increase in margin was driven by higher revenue. Duyuru • May 14
VIS Co., Ltd., Annual General Meeting, Jun 26, 2025 VIS Co., Ltd., Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,050, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 79% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥44.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥38.31 (vs JP¥28.43 in 3Q 2024) Third quarter 2025 results: EPS: JP¥38.31 (up from JP¥28.43 in 3Q 2024). Revenue: JP¥4.16b (up 18% from 3Q 2024). Net income: JP¥319.0m (up 36% from 3Q 2024). Profit margin: 7.7% (up from 6.7% in 3Q 2024). The increase in margin was driven by higher revenue. Board Change • Nov 22
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 Kenjiro Tode was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 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 Japanese stocks, typically moving 5.7% 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 Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥10.3b market cap, or US$67.3m). Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,194, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 130% over the past three years. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥33.46 (vs JP¥19.33 in 1Q 2024) First quarter 2025 results: EPS: JP¥33.46 (up from JP¥19.33 in 1Q 2024). Revenue: JP¥3.64b (up 20% from 1Q 2024). Net income: JP¥277.0m (up 74% from 1Q 2024). Profit margin: 7.6% (up from 5.2% in 1Q 2024). The increase in margin was driven by higher revenue. Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥120 (vs JP¥104 in FY 2023) Full year 2024 results: EPS: JP¥120 (up from JP¥104 in FY 2023). Revenue: JP¥14.4b (up 8.9% from FY 2023). Net income: JP¥991.0m (up 16% from FY 2023). Profit margin: 6.9% (up from 6.5% in FY 2023). The increase in margin was driven by higher revenue. Duyuru • May 17
VIS Co., Ltd., Annual General Meeting, Jun 26, 2024 VIS Co., Ltd., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.8%). Duyuru • Mar 02
VIS Co., Ltd. to Report Q4, 2024 Results on May 15, 2024 VIS Co., Ltd. announced that they will report Q4, 2024 results on May 15, 2024 Reported Earnings • Feb 19
Third quarter 2024 earnings released: EPS: JP¥28.43 (vs JP¥29.46 in 3Q 2023) Third quarter 2024 results: EPS: JP¥28.43 (down from JP¥29.46 in 3Q 2023). Revenue: JP¥3.51b (up 1.0% from 3Q 2023). Net income: JP¥234.0m (down 3.3% from 3Q 2023). Profit margin: 6.7% (down from 7.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Duyuru • Dec 28
VIS Co.Ltd. to Report Q3, 2024 Results on Feb 14, 2024 VIS Co.Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 13
Second quarter 2024 earnings released: EPS: JP¥20.55 (vs JP¥29.46 in 2Q 2023) Second quarter 2024 results: EPS: JP¥20.55 (down from JP¥29.46 in 2Q 2023). Revenue: JP¥3.36b (down 3.5% from 2Q 2023). Net income: JP¥169.0m (down 30% from 2Q 2023). Profit margin: 5.0% (down from 7.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Duyuru • Aug 30
VIS Co.Ltd. to Report Q2, 2024 Results on Nov 10, 2023 VIS Co.Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Duyuru • Jun 01
VIS Co.Ltd. to Report Q1, 2024 Results on Aug 09, 2023 VIS Co.Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023 Upcoming Dividend • Mar 23
Inaugural dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. This is the first dividend for VISLtd since going public. The average dividend yield among industry peers is 2.2%. Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: JP¥21.69 (vs JP¥10.40 in 3Q 2022) Third quarter 2023 results: EPS: JP¥21.69 (up from JP¥10.40 in 3Q 2022). Revenue: JP¥2.87b (up 35% from 3Q 2022). Net income: JP¥178.0m (up 109% from 3Q 2022). Profit margin: 6.2% (up from 4.0% in 3Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,015, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 70% over the past year. Duyuru • Jan 07
VIS Co.Ltd. to Report Q3, 2023 Results on Feb 14, 2023 VIS Co.Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Auditor Yusaku Nishimura was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥40.35 (vs JP¥19.71 in 2Q 2022) Second quarter 2023 results: EPS: JP¥40.35 (up from JP¥19.71 in 2Q 2022). Revenue: JP¥4.35b (up 54% from 2Q 2022). Net income: JP¥331.0m (up 106% from 2Q 2022). Profit margin: 7.6% (up from 5.7% in 2Q 2022). The increase in margin was driven by higher revenue. Duyuru • Aug 31
VIS Co.Ltd. to Report Q2, 2023 Results on Nov 11, 2022 VIS Co.Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥12.80 (vs JP¥12.38 in 1Q 2022) First quarter 2023 results: EPS: JP¥12.80 (up from JP¥12.38 in 1Q 2022). Revenue: JP¥2.52b (up 9.7% from 1Q 2022). Net income: JP¥105.0m (up 4.0% from 1Q 2022). Profit margin: 4.2% (down from 4.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Duyuru • Jul 07
VIS Co.Ltd. to Report Q1, 2023 Results on Aug 10, 2022 VIS Co.Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥84.06 (vs JP¥40.59 in FY 2021) Full year 2022 results: EPS: JP¥84.06 (up from JP¥40.59 in FY 2021). Revenue: JP¥10.7b (up 33% from FY 2021). Net income: JP¥687.0m (up 108% from FY 2021). Profit margin: 6.4% (up from 4.1% in FY 2021). The increase in margin was driven by higher revenue. Duyuru • May 18
VIS Co.Ltd., Annual General Meeting, Jun 27, 2022 VIS Co.Ltd., Annual General Meeting, Jun 27, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Auditor Yusaku Nishimura was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • Apr 08
VIS Co.Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 VIS Co.Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Inaugural dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit but it is cash flow positive. This is the first dividend for VISLtd since going public. The average dividend yield among industry peers is 2.1%. Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥10.40 (down from JP¥13.73 in 3Q 2021). Revenue: JP¥2.12b (flat on 3Q 2021). Net income: JP¥85.0m (down 24% from 3Q 2021). Profit margin: 4.0% (down from 5.2% in 3Q 2021). Revenue was in line with analyst estimates. Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥10.40 (down from JP¥13.73 in 3Q 2021). Revenue: JP¥2.12b (flat on 3Q 2021). Net income: JP¥85.0m (down 24% from 3Q 2021). Profit margin: 4.0% (down from 5.2% in 3Q 2021). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥811, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 25% over the past year. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥19.71 (vs JP¥13.73 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.83b (up 33% from 2Q 2021). Net income: JP¥161.0m (up 44% from 2Q 2021). Profit margin: 5.7% (up from 5.2% in 2Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS JP¥12.38 (vs JP¥29.20 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.30b (down 13% from 1Q 2021). Net income: JP¥101.0m (down 50% from 1Q 2021). Profit margin: 4.4% (down from 7.7% in 1Q 2021). The decrease in margin was driven by lower revenue. Upcoming Dividend • Mar 23
Inaugural dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. This is the first dividend for VISLtd since going public. The average dividend yield among industry peers is 1.8%. Is New 90 Day High Low • Mar 05
New 90-day high: JP¥683 The company is up 4.0% from its price of JP¥654 on 04 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is up 2.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥598 The company is down 16% from its price of JP¥713 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 2.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥623 The company is down 7.0% from its price of JP¥668 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 2.0% over the same period. Duyuru • Oct 01
VIS co. ltd. to Report Q2, 2021 Results on Nov 13, 2020 VIS co. ltd. announced that they will report Q2, 2021 results on Nov 13, 2020