Upcoming Dividend • Apr 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 April 2026. Payment date: 10 July 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.3%). Board Change • Mar 18
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. Outside Independent Director Kazumichi Horimi 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. Reported Earnings • Mar 14
First quarter 2026 earnings released: EPS: JP¥14.97 (vs JP¥34.58 in 1Q 2025) First quarter 2026 results: EPS: JP¥14.97 (down from JP¥34.58 in 1Q 2025). Revenue: JP¥2.54b (down 14% from 1Q 2025). Net income: JP¥44.0m (down 57% from 1Q 2025). Profit margin: 1.7% (down from 3.4% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Declared Dividend • Feb 19
Final dividend of JP¥5.00 announced Shareholders will receive a dividend of JP¥5.00. Ex-date: 28th April 2026 Payment date: 10th July 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.6%. Reported Earnings • Dec 16
Full year 2025 earnings released: JP¥856 loss per share (vs JP¥778 loss in FY 2024) Full year 2025 results: JP¥856 loss per share (further deteriorated from JP¥778 loss in FY 2024). Revenue: JP¥12.5b (up 15% from FY 2024). Net loss: JP¥2.53b (loss widened 10% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Duyuru • Dec 15
Miroku Corporation, Annual General Meeting, Jan 28, 2026 Miroku Corporation, Annual General Meeting, Jan 28, 2026. Upcoming Dividend • Oct 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 October 2025. Payment date: 29 January 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.0%). Duyuru • Oct 02
Miroku Corporation to Report Fiscal Year 2025 Results on Dec 15, 2025 Miroku Corporation announced that they will report fiscal year 2025 results on Dec 15, 2025 Reported Earnings • Sep 14
Third quarter 2025 earnings released: EPS: JP¥57.27 (vs JP¥5.42 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥57.27 (up from JP¥5.42 loss in 3Q 2024). Revenue: JP¥3.18b (up 21% from 3Q 2024). Net income: JP¥169.0m (up JP¥185.0m from 3Q 2024). Profit margin: 5.3% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. New Risk • Jul 11
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 5.4% 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 Risk Earnings have declined by 61% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥3.35b market cap, or US$22.8m). Duyuru • Jul 02
Miroku Corporation to Report Q3, 2025 Results on Sep 12, 2025 Miroku Corporation announced that they will report Q3, 2025 results on Sep 12, 2025 Reported Earnings • Jun 12
Second quarter 2025 earnings released: EPS: JP¥30.51 (vs JP¥20.68 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥30.51 (up from JP¥20.68 loss in 2Q 2024). Revenue: JP¥3.35b (up 21% from 2Q 2024). Net income: JP¥90.0m (up JP¥151.0m from 2Q 2024). Profit margin: 2.7% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Apr 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 April 2025. Payment date: 10 July 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (1.9%). Duyuru • Apr 01
Miroku Corporation to Report Q2, 2025 Results on Jun 10, 2025 Miroku Corporation announced that they will report Q2, 2025 results on Jun 10, 2025 Reported Earnings • Mar 15
First quarter 2025 earnings released: EPS: JP¥34.58 (vs JP¥29.15 in 1Q 2024) First quarter 2025 results: EPS: JP¥34.58 (up from JP¥29.15 in 1Q 2024). Revenue: JP¥2.96b (up 12% from 1Q 2024). Net income: JP¥102.0m (up 19% from 1Q 2024). Profit margin: 3.4% (up from 3.3% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Declared Dividend • Feb 12
Final dividend of JP¥5.00 announced Shareholders will receive a dividend of JP¥5.00. Ex-date: 28th April 2025 Payment date: 10th July 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.6%. Duyuru • Jan 29
Miroku Corporation to Report Q1, 2025 Results on Mar 14, 2025 Miroku Corporation announced that they will report Q1, 2025 results on Mar 14, 2025 Reported Earnings • Dec 16
Full year 2024 earnings released: JP¥778 loss per share (vs JP¥163 profit in FY 2023) Full year 2024 results: JP¥778 loss per share (down from JP¥163 profit in FY 2023). Revenue: JP¥10.9b (down 8.2% from FY 2023). Net loss: JP¥2.29b (down JP¥2.78b from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Duyuru • Dec 13
Miroku Corporation, Annual General Meeting, Jan 28, 2025 Miroku Corporation, Annual General Meeting, Jan 28, 2025. Upcoming Dividend • Oct 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 October 2024. Payment date: 30 January 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.6%). Reported Earnings • Sep 17
Third quarter 2024 earnings released: JP¥5.42 loss per share (vs JP¥42.37 profit in 3Q 2023) Third quarter 2024 results: JP¥5.42 loss per share (down from JP¥42.37 profit in 3Q 2023). Revenue: JP¥2.63b (down 6.1% from 3Q 2023). Net loss: JP¥16.0m (down 113% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% 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. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,222, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 11x in the Leisure industry in Japan. Total loss to shareholders of 18% over the past three years. Duyuru • Jul 12
Miroku Corporation to Report Q3, 2024 Results on Sep 13, 2024 Miroku Corporation announced that they will report Q3, 2024 results on Sep 13, 2024 Declared Dividend • Jun 12
First half dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 30th October 2024 Payment date: 30th January 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (182% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 102% to bring the payout ratio under control. However, EPS has declined by 38% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Jun 11
Second quarter 2024 earnings released: JP¥20.68 loss per share (vs JP¥68.14 profit in 2Q 2023) Second quarter 2024 results: JP¥20.68 loss per share (down from JP¥68.14 profit in 2Q 2023). Revenue: JP¥2.77b (down 10% from 2Q 2023). Net loss: JP¥61.0m (down 130% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year. Upcoming Dividend • Apr 19
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 26 April 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.8%). Duyuru • Apr 04
Miroku Corporation to Report Q2, 2024 Results on Jun 10, 2024 Miroku Corporation announced that they will report Q2, 2024 results on Jun 10, 2024 Reported Earnings • Mar 12
First quarter 2024 earnings released: EPS: JP¥29.15 (vs JP¥78.64 in 1Q 2023) First quarter 2024 results: EPS: JP¥29.15 (down from JP¥78.64 in 1Q 2023). Revenue: JP¥2.64b (down 8.2% from 1Q 2023). Net income: JP¥86.0m (down 63% from 1Q 2023). Profit margin: 3.3% (down from 8.1% 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 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 16
Final dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 26th April 2024 Payment date: 10th July 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years. Reported Earnings • Feb 03
Full year 2023 earnings released: EPS: JP¥163 (vs JP¥174 in FY 2022) Full year 2023 results: EPS: JP¥163 (down from JP¥174 in FY 2022). Revenue: JP¥11.9b (up 3.6% from FY 2022). Net income: JP¥481.0m (down 6.1% from FY 2022). Profit margin: 4.0% (down from 4.5% 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 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Duyuru • Jan 18
Miroku Corporation to Report Q1, 2024 Results on Mar 11, 2024 Miroku Corporation announced that they will report Q1, 2024 results on Mar 11, 2024 Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,389, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 9x in the Leisure industry in Japan. Total loss to shareholders of 1.2% over the past three years. Duyuru • Dec 17
Miroku Corporation, Annual General Meeting, Jan 29, 2024 Miroku Corporation, Annual General Meeting, Jan 29, 2024. Reported Earnings • Dec 16
Full year 2023 earnings released: EPS: JP¥163 (vs JP¥174 in FY 2022) Full year 2023 results: EPS: JP¥163 (down from JP¥174 in FY 2022). Revenue: JP¥11.9b (up 3.6% from FY 2022). Net income: JP¥481.0m (down 6.1% from FY 2022). Profit margin: 4.0% (down from 4.5% 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 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Oct 23
Upcoming dividend of JP¥25.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 30 January 2024. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Reported Earnings • Sep 11
Third quarter 2023 earnings released: EPS: JP¥42.36 (vs JP¥50.17 in 3Q 2022) Third quarter 2023 results: EPS: JP¥42.36 (down from JP¥50.17 in 3Q 2022). Revenue: JP¥2.80b (up 5.9% from 3Q 2022). Net income: JP¥125.0m (down 16% from 3Q 2022). Profit margin: 4.5% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 06
Miroku Corporation to Report Q3, 2023 Results on Sep 08, 2023 Miroku Corporation announced that they will report Q3, 2023 results on Sep 08, 2023 Reported Earnings • Jun 11
Second quarter 2023 earnings released: EPS: JP¥68.12 (vs JP¥62.37 in 2Q 2022) Second quarter 2023 results: EPS: JP¥68.12 (up from JP¥62.37 in 2Q 2022). Revenue: JP¥3.09b (up 1.9% from 2Q 2022). Net income: JP¥201.0m (up 9.2% from 2Q 2022). Profit margin: 6.5% (up from 6.1% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Upcoming Dividend • Apr 20
Upcoming dividend of JP¥20.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 10 July 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.3%). Reported Earnings • Mar 11
First quarter 2023 earnings released: EPS: JP¥78.64 (vs JP¥62.37 in 1Q 2022) First quarter 2023 results: EPS: JP¥78.64 (up from JP¥62.37 in 1Q 2022). Revenue: JP¥2.87b (up 12% from 1Q 2022). Net income: JP¥232.0m (up 26% from 1Q 2022). Profit margin: 8.1% (up from 7.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 02
Full year 2022 earnings released: EPS: JP¥174 (vs JP¥103 in FY 2021) Full year 2022 results: EPS: JP¥174 (up from JP¥103 in FY 2021). Revenue: JP¥11.5b (down 16% from FY 2021). Net income: JP¥512.0m (up 69% from FY 2021). Profit margin: 4.5% (up from 2.2% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Duyuru • Jan 18
Miroku Corporation to Report Q1, 2023 Results on Mar 10, 2023 Miroku Corporation announced that they will report Q1, 2023 results on Mar 10, 2023 Duyuru • Dec 17
Miroku Corporation, Annual General Meeting, Jan 27, 2023 Miroku Corporation, Annual General Meeting, Jan 27, 2023. Reported Earnings • Dec 16
Full year 2022 earnings released: EPS: JP¥174 (vs JP¥103 in FY 2021) Full year 2022 results: EPS: JP¥174 (up from JP¥103 in FY 2021). Revenue: JP¥11.5b (down 16% from FY 2021). Net income: JP¥512.0m (up 69% from FY 2021). Profit margin: 4.5% (up from 2.2% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. 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. 8 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Part-Time Director Kensuke Yasuoka 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. Upcoming Dividend • Oct 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 October 2022. Payment date: 28 January 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.2%). Duyuru • Oct 05
Miroku Corporation to Report Fiscal Year 2022 Results on Dec 15, 2022 Miroku Corporation announced that they will report fiscal year 2022 results on Dec 15, 2022 Reported Earnings • Sep 11
Third quarter 2022 earnings released: EPS: JP¥50.15 (vs JP¥44.07 in 3Q 2021) Third quarter 2022 results: EPS: JP¥50.15 (up from JP¥44.07 in 3Q 2021). Revenue: JP¥2.64b (down 24% from 3Q 2021). Net income: JP¥148.0m (up 14% from 3Q 2021). Profit margin: 5.6% (up from 3.8% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 32% 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. Duyuru • Jul 28
Miroku Corporation to Report Q3, 2022 Results on Sep 09, 2022 Miroku Corporation announced that they will report Q3, 2022 results on Sep 09, 2022 Reported Earnings • Jun 11
Second quarter 2022 earnings released: EPS: JP¥62.35 (vs JP¥44.75 in 2Q 2021) Second quarter 2022 results: EPS: JP¥62.35 (up from JP¥44.75 in 2Q 2021). Revenue: JP¥3.03b (down 15% from 2Q 2021). Net income: JP¥184.0m (up 39% from 2Q 2021). Profit margin: 6.1% (up from 3.7% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% 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. Buying Opportunity • Jun 10
Now 21% undervalued Over the last 90 days, the stock is up 5.3%. The fair value is estimated to be JP¥2,025, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has declined by 37%. 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. 8 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Part-Time Director Kensuke Yasuoka 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. Upcoming Dividend • Apr 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 April 2022. Payment date: 11 July 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.2%). Duyuru • Apr 08
Miroku Corporation to Report Q2, 2022 Results on Jun 09, 2022 Miroku Corporation announced that they will report Q2, 2022 results on Jun 09, 2022 Buying Opportunity • Apr 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.4%. The fair value is estimated to be JP¥1,916, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has declined by 37%. Reported Earnings • Mar 13
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥62.36 (up from JP¥40.68 in 1Q 2021). Revenue: JP¥2.57b (down 30% from 1Q 2021). Net income: JP¥184.0m (up 53% from 1Q 2021). Profit margin: 7.2% (up from 3.3% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% 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. Reported Earnings • Feb 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥103 (down from JP¥149 in FY 2020). Revenue: JP¥13.7b (flat on FY 2020). Net income: JP¥303.0m (down 31% from FY 2020). Profit margin: 2.2% (down from 3.2% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 34% 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 • Dec 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥103 (down from JP¥149 in FY 2020). Revenue: JP¥13.7b (flat on FY 2020). Net income: JP¥303.0m (down 31% from FY 2020). Profit margin: 2.2% (down from 3.2% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Oct 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 October 2021. Payment date: 28 January 2022. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.1%). Reported Earnings • Sep 16
Third quarter 2021 earnings released: EPS JP¥44.07 (vs JP¥40.68 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.47b (up 6.1% from 3Q 2020). Net income: JP¥130.0m (up 8.3% from 3Q 2020). Profit margin: 3.8% (up from 3.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% 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. Reported Earnings • Jun 11
Second quarter 2021 earnings released: EPS JP¥44.73 (vs JP¥62.03 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥3.58b (down 3.1% from 2Q 2020). Net income: JP¥132.0m (down 28% from 2Q 2020). Profit margin: 3.7% (down from 5.0% in 2Q 2020). The decrease in margin was driven by lower revenue. 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 9% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 April 2021. Payment date: 10 July 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (2.8%). Higher than average of industry peers (1.1%). Reported Earnings • Mar 14
First quarter 2021 earnings released: EPS JP¥40.67 (vs JP¥37.63 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥3.67b (up 5.9% from 1Q 2020). Net income: JP¥120.0m (up 8.1% from 1Q 2020). Profit margin: 3.3% (up from 3.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 02
Full year 2020 earnings released: EPS JP¥149 (vs JP¥322 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥13.6b (down 11% from FY 2019). Net income: JP¥440.0m (down 53% from FY 2019). Profit margin: 3.2% (down from 6.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% 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. Duyuru • Jan 01
Miroku Corporation to Report Q1, 2021 Results on Mar 12, 2021 Miroku Corporation announced that they will report Q1, 2021 results on Mar 12, 2021 Duyuru • Dec 19
Miroku Corporation, Annual General Meeting, Jan 27, 2021 Miroku Corporation, Annual General Meeting, Jan 27, 2021. Reported Earnings • Dec 16
Full year 2020 earnings released: EPS JP¥149 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥13.6b (down 11% from FY 2019). Net income: JP¥440.0m (down 53% from FY 2019). Profit margin: 3.2% (down from 6.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% 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. Is New 90 Day High Low • Dec 10
New 90-day high: JP¥1,787 The company is up 11% from its price of JP¥1,611 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Leisure industry, which is up 26% over the same period. Duyuru • Oct 10
Miroku Corporation to Report Fiscal Year 2020 Results on Dec 15, 2020 Miroku Corporation announced that they will report fiscal year 2020 results on Dec 15, 2020 Duyuru • Jul 17
Miroku Corporation to Report Q3, 2020 Results on Sep 08, 2020 Miroku Corporation announced that they will report Q3, 2020 results on Sep 08, 2020