Duyuru • May 20
Seibu Real Estate Inc. completed the acquisition of e'grand Co.,Ltd (TSE:3294) from Verdissimo co., Ltd, Jutec Corporation and others. Seibu Real Estate Inc. submitted a non binding letter of intent to acquire e'grand Co.,Ltd (TSE:3294) from Verdissimo co., Ltd, Jutec Corporation and others for ¥30 billion on January 19, 2026. Seibu Real Estate Inc. entered into an agreement to acquire e'grand Co.,Ltd from Verdissimo co., Ltd, Jutec Corporation and others on March 31, 2026. A cash consideration valued at ¥4858 per share will be paid by Seibu Real Estate Inc. After the transaction e'grand Co.,Ltd act as wholly owned subsidiary of Seibu Real Estate Inc.
The transaction is subject to minimum tender. The Board of Directors of e'grand Co.,Ltd formed a special committee for the transaction. The tender offer commence from April 1, 2026 to May 18, 2026. The expected completion of the transaction is May 18, 2026.
Deloitte Tohmatsu Financial Advisory LLC acted as financial advisor and fairness opinion provider for Seibu Real Estate Inc. TMI Associates acted as legal advisor for Seibu Real Estate Inc. and e'grand Co.,Ltd. Plutus Consulting Co., Ltd. acted as financial advisor and fairness opinion provider for e'grand Co.,Ltd. Nagashima Ohno & Tsunematsu acted as legal advisor for Seibu Real Estate Inc.
Seibu Real Estate Inc. completed the acquisition of e'grand Co.,Ltd (TSE:3294) from Verdissimo co., Ltd, Jutec Corporation and others on May 18, 2026. On close of the offer, 5,610,751 shares were tendered and will purchase all of the Tendered Shares. Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥300 (vs JP¥145 in FY 2025) Full year 2026 results: EPS: JP¥300 (up from JP¥145 in FY 2025). Revenue: JP¥40.1b (up 31% from FY 2025). Net income: JP¥1.83b (up 108% from FY 2025). Profit margin: 4.6% (up from 2.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 11
e'grand Co.,Ltd, Annual General Meeting, Jun 25, 2026 e'grand Co.,Ltd, Annual General Meeting, Jun 25, 2026. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to JP¥2,816, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 121% over the past three years. New Risk • Apr 01
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 7.0% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (JP¥14.1b market cap, or US$88.8m). Duyuru • Apr 01
Seibu Real Estate Inc. submitted a non binding letter of intent to acquire e'grand Co.,Ltd (TSE:3294) from Verdissimo co., Ltd, Jutec Corporation and others for ¥30.0 billion. Seibu Real Estate Inc. submitted a non binding letter of intent to acquire e'grand Co.,Ltd (TSE:3294) from Verdissimo co., Ltd, Jutec Corporation and others for ¥30.0 billion on January 19, 2026. Seibu Real Estate Inc. entered into an agreement to acquire e'grand Co.,Ltd from Verdissimo co., Ltd, Jutec Corporation and others on March 31, 2026. A cash consideration valued at ¥4858 per share will be paid by Seibu Real Estate Inc. After the transaction e'grand Co.,Ltd act as wholly owned subsidiary of Seibu Real Estate Inc.
The transaction is subject to minimum tender. The Board of Directors of e'grand Co.,Ltd formed a special committee for the transaction. The tender offer commence from April 1, 2026 to May 18, 2026. The expected completion of the transaction is May 18, 2026.
Deloitte Tohmatsu Financial Advisory LLC acted as financial advisor and fairness opinion provider for Seibu Real Estate Inc. TMI Associates acted as legal advisor for Seibu Real Estate Inc. and e'grand Co.,Ltd. Plutus Consulting Co., Ltd. acted as financial advisor and fairness opinion provider for e'grand Co.,Ltd. Nagashima Ohno & Tsunematsu acted as legal advisor for Seibu Real Estate Inc. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥46.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥86.82 (vs JP¥32.00 in 3Q 2025) Third quarter 2026 results: EPS: JP¥86.82 (up from JP¥32.00 in 3Q 2025). Revenue: JP¥11.0b (up 53% from 3Q 2025). Net income: JP¥529.0m (up 171% from 3Q 2025). Profit margin: 4.8% (up from 2.7% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Duyuru • Nov 29
e'grand Co.,Ltd to Report Q3, 2026 Results on Jan 31, 2026 e'grand Co.,Ltd announced that they will report Q3, 2026 results on Jan 31, 2026 Reported Earnings • Nov 02
Second quarter 2026 earnings released: EPS: JP¥96.83 (vs JP¥61.42 in 2Q 2025) Second quarter 2026 results: EPS: JP¥96.83 (up from JP¥61.42 in 2Q 2025). Revenue: JP¥10.9b (up 28% from 2Q 2025). Net income: JP¥590.0m (up 58% from 2Q 2025). Profit margin: 5.4% (up from 4.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,945, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 42% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥42.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%). Duyuru • Sep 01
e'grand Co.,Ltd to Report Q2, 2026 Results on Oct 31, 2025 e'grand Co.,Ltd announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥35.45 (vs JP¥1.15 in 1Q 2025) First quarter 2026 results: EPS: JP¥35.45 (up from JP¥1.15 in 1Q 2025). Revenue: JP¥6.96b (up 37% from 1Q 2025). Net income: JP¥216.0m (up JP¥209.0m from 1Q 2025). Profit margin: 3.1% (up from 0.1% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • May 31
e'grand Co.,Ltd to Report Q1, 2026 Results on Jul 31, 2025 e'grand Co.,Ltd announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 14
Full year 2025 earnings released: EPS: JP¥145 (vs JP¥208 in FY 2024) Full year 2025 results: EPS: JP¥145 (down from JP¥208 in FY 2024). Revenue: JP¥30.5b (up 12% from FY 2024). Net income: JP¥880.0m (down 30% from FY 2024). Profit margin: 2.9% (down from 4.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Duyuru • May 12
e'grand Co.,Ltd, Annual General Meeting, Jun 26, 2025 e'grand Co.,Ltd, Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥41.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Trailing yield: 5.5%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Duyuru • Mar 19
e'grand Co.,Ltd to Report Fiscal Year 2025 Results on May 12, 2025 e'grand Co.,Ltd announced that they will report fiscal year 2025 results on May 12, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥32.00 (vs JP¥16.78 in 3Q 2024) Third quarter 2025 results: EPS: JP¥32.00 (up from JP¥16.78 in 3Q 2024). Revenue: JP¥7.22b (up 24% from 3Q 2024). Net income: JP¥195.0m (up 91% from 3Q 2024). Profit margin: 2.7% (up from 1.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • Jan 03
e'grand Co.,Ltd to Report Q3, 2025 Results on Jan 31, 2025 e'grand Co.,Ltd announced that they will report Q3, 2025 results on Jan 31, 2025 Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥61.42 (vs JP¥71.07 in 2Q 2024) Second quarter 2025 results: EPS: JP¥61.42 (down from JP¥71.07 in 2Q 2024). Revenue: JP¥8.58b (up 21% from 2Q 2024). Net income: JP¥374.0m (down 13% from 2Q 2024). Profit margin: 4.4% (down from 6.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥41.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The average dividend yield among industry peers is 1.8%. Duyuru • Aug 29
e'grand Co.,Ltd to Report Q2, 2025 Results on Oct 31, 2024 e'grand Co.,Ltd announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥1.15 (vs JP¥35.70 in 1Q 2024) First quarter 2025 results: EPS: JP¥1.15 (down from JP¥35.70 in 1Q 2024). Revenue: JP¥5.07b (down 17% from 1Q 2024). Net income: JP¥7.00m (down 97% from 1Q 2024). Profit margin: 0.1% (down from 3.6% in 1Q 2024). The decrease in margin was driven by lower revenue. 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 3% per year, which means it is well ahead of earnings. Duyuru • Jun 02
e'grand Co.,Ltd to Report Q1, 2025 Results on Jul 31, 2024 e'grand Co.,Ltd announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥208 (vs JP¥286 in FY 2023) Full year 2024 results: EPS: JP¥208 (down from JP¥286 in FY 2023). Revenue: JP¥27.3b (up 6.0% from FY 2023). Net income: JP¥1.26b (down 28% from FY 2023). Profit margin: 4.6% (down from 6.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Duyuru • May 12
e'grand Co.,Ltd, Annual General Meeting, Jun 26, 2024 e'grand Co.,Ltd, Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Inaugural dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. This is the first dividend for e'grandLtd since going public. The average dividend yield among industry peers is 1.6%. Duyuru • Mar 02
e'grand Co.,Ltd to Report Fiscal Year 2024 Results on May 10, 2024 e'grand Co.,Ltd announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥16.78 (vs JP¥38.66 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.78 (down from JP¥38.66 in 3Q 2023). Revenue: JP¥5.80b (up 1.4% from 3Q 2023). Net income: JP¥102.0m (down 57% from 3Q 2023). Profit margin: 1.8% (down from 4.1% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 24% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Dec 03
e'grand Co.,Ltd to Report Q3, 2024 Results on Jan 31, 2024 e'grand Co.,Ltd announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥71.07 (vs JP¥86.13 in 2Q 2023) Second quarter 2024 results: EPS: JP¥71.07 (down from JP¥86.13 in 2Q 2023). Revenue: JP¥7.09b (down 3.6% from 2Q 2023). Net income: JP¥432.0m (down 18% from 2Q 2023). Profit margin: 6.1% (down from 7.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 21
Inaugural dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. This is the first dividend for e'grandLtd since going public. The average dividend yield among industry peers is 1.6%. Duyuru • Sep 03
e'grand Co.,Ltd to Report Q2, 2024 Results on Oct 31, 2023 e'grand Co.,Ltd announced that they will report Q2, 2024 results on Oct 31, 2023 New Risk • Aug 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 7.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Profit margins are more than 30% lower than last year (5.1% net profit margin). Market cap is less than US$100m (JP¥9.37b market cap, or US$65.6m). Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥35.70 (vs JP¥115 in 1Q 2023) First quarter 2024 results: EPS: JP¥35.70 (down from JP¥115 in 1Q 2023). Revenue: JP¥6.11b (down 18% from 1Q 2023). Net income: JP¥217.0m (down 69% from 1Q 2023). Profit margin: 3.6% (down from 9.5% in 1Q 2023). The decrease in margin was driven by lower revenue. 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 31% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 30
e'grand Co.,Ltd to Report Q1, 2024 Results on Jul 31, 2023 e'grand Co.,Ltd announced that they will report Q1, 2024 results on Jul 31, 2023 Duyuru • May 12
e'grand Co.,Ltd, Annual General Meeting, Jun 27, 2023 e'grand Co.,Ltd, Annual General Meeting, Jun 27, 2023. Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥286 (vs JP¥256 in FY 2022) Full year 2023 results: EPS: JP¥286 (up from JP¥256 in FY 2022). Revenue: JP¥25.8b (up 10% from FY 2022). Net income: JP¥1.74b (up 7.7% from FY 2022). Profit margin: 6.8% (down from 6.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 33% per year. Upcoming Dividend • Mar 23
Inaugural dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. This is the first dividend for e'grandLtd since going public. The average dividend yield among industry peers is 1.8%. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥38.66 (vs JP¥61.57 in 3Q 2022) Third quarter 2023 results: EPS: JP¥38.66 (down from JP¥61.57 in 3Q 2022). Revenue: JP¥5.72b (down 1.3% from 3Q 2022). Net income: JP¥235.0m (down 40% from 3Q 2022). Profit margin: 4.1% (down from 6.7% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 27
e'grand Co.,Ltd to Report Q3, 2023 Results on Feb 03, 2023 e'grand Co.,Ltd announced that they will report Q3, 2023 results on Feb 03, 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. 3 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). Director Katsuhiro Enoshita was the last director to join the board, commencing their role in 2015. 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 02
Second quarter 2023 earnings released: EPS: JP¥86.13 (vs JP¥74.54 in 2Q 2022) Second quarter 2023 results: EPS: JP¥86.13 (up from JP¥74.54 in 2Q 2022). Revenue: JP¥7.35b (up 24% from 2Q 2022). Net income: JP¥524.0m (up 11% from 2Q 2022). Profit margin: 7.1% (down from 8.0% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 26% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Inaugural dividend of JP¥39.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. This is the first dividend for e'grandLtd since going public. The average dividend yield among industry peers is 1.9%. Duyuru • Sep 04
e'grand Co.,Ltd to Report Q2, 2023 Results on Oct 31, 2022 e'grand Co.,Ltd announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥115 (vs JP¥81.90 in 1Q 2022) First quarter 2023 results: EPS: JP¥115 (up from JP¥81.90 in 1Q 2022). Revenue: JP¥7.45b (up 9.4% from 1Q 2022). Net income: JP¥709.0m (up 37% from 1Q 2022). Profit margin: 9.5% (up from 7.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 29
e'grand Co.,Ltd to Report Q1, 2023 Results on Jul 29, 2022 e'grand Co.,Ltd announced that they will report Q1, 2023 results on Jul 29, 2022 Duyuru • May 12
e'grand Co.,Ltd, Annual General Meeting, Jun 28, 2022 e'grand Co.,Ltd, Annual General Meeting, Jun 28, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥256 (vs JP¥148 in FY 2021) Full year 2022 results: EPS: JP¥256 (up from JP¥148 in FY 2021). Revenue: JP¥23.4b (up 15% from FY 2021). Net income: JP¥1.62b (up 73% from FY 2021). Profit margin: 6.9% (up from 4.6% in FY 2021). The increase in margin was driven by higher revenue. 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 29% per year, which means it is significantly lagging earnings growth. 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. 3 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). Director Katsuhiro Enoshita was the last director to join the board, commencing their role in 2015. 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 07
e'grand Co.,Ltd to Report Fiscal Year 2022 Results on May 10, 2022 e'grand Co.,Ltd announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Inaugural dividend of JP¥35.00 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 and there are not enough cash flows to support it either. This is the first dividend for e'grandLtd since going public. The average dividend yield among industry peers is 1.6%. Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥61.57 (up from JP¥51.33 in 3Q 2021). Revenue: JP¥5.80b (up 5.5% from 3Q 2021). Net income: JP¥391.0m (up 21% from 3Q 2021). Profit margin: 6.7% (up from 5.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Inaugural dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. This is the first dividend for e'grandLtd since going public. The average dividend yield among industry peers is 1.4%. Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥81.90 (vs JP¥10.48 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥6.81b (up 79% from 1Q 2021). Net income: JP¥517.0m (up JP¥451.0m from 1Q 2021). Profit margin: 7.6% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 04
Price target increased to JP¥1,500 Up from JP¥1,200, the current price target is provided by 1 analyst. New target price is 18% above last closing price of JP¥1,270. Stock is up 87% over the past year. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 21% share price gain to JP¥1,240, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 54% over the past three years. Price Target Changed • Jun 04
Price target increased to JP¥1,270 Up from JP¥1,160, the current price target is provided by 1 analyst. New target price is 21% above last closing price of JP¥1,052. Stock is up 55% over the past year. Reported Earnings • May 12
Full year 2021 earnings released: EPS JP¥148 (vs JP¥138 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥20.3b (down 1.0% from FY 2020). Net income: JP¥934.0m (up 7.5% from FY 2020). Profit margin: 4.6% (up from 4.2% in FY 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Inaugural dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. This is the first dividend for e'grandLtd since going public. The average dividend yield among industry peers is 1.3%. Duyuru • Mar 04
e'grand Co.,Ltd to Report Fiscal Year 2021 Results on May 10, 2021 e'grand Co.,Ltd announced that they will report fiscal year 2021 results on May 10, 2021 Is New 90 Day High Low • Mar 01
New 90-day high: JP¥875 The company is up 12% from its price of JP¥780 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 14% over the same period. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥838 The company is up 7.0% from its price of JP¥782 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 30% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS JP¥51.33 (vs JP¥47.50 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥5.50b (up 7.6% from 3Q 2020). Net income: JP¥324.0m (up 8.4% from 3Q 2020). Profit margin: 5.9% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Duyuru • Nov 29
e'grand Co.,Ltd to Report Q3, 2021 Results on Jan 29, 2021 e'grand Co.,Ltd announced that they will report Q3, 2021 results on Jan 29, 2021 Duyuru • Sep 11
e'grand Co.,Ltd to Report Q2, 2021 Results on Oct 30, 2020 e'grand Co.,Ltd announced that they will report Q2, 2021 results on Oct 30, 2020 Duyuru • Jun 19
e'grand Co.,Ltd to Report Q1, 2021 Results on Jul 31, 2020 e'grand Co.,Ltd announced that they will report Q1, 2021 results on Jul 31, 2020