Reported Earnings • Aug 17
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: JP¥88.22 (down from JP¥88.92 in FY 2025). Revenue: JP¥4.88b (up 31% from FY 2025). Net income: JP¥330.1m (flat on FY 2025). Profit margin: 6.8% (down from 8.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Duyuru • Aug 13
unerry,Inc., Annual General Meeting, Sep 28, 2026 unerry,Inc., Annual General Meeting, Sep 28, 2026. 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¥2,017, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Media industry in Japan. Total loss to shareholders of 56% over the past three years. Duyuru • Jun 05
unerry,Inc. to Report Fiscal Year 2026 Results on Aug 13, 2026 unerry,Inc. announced that they will report fiscal year 2026 results on Aug 13, 2026 Reported Earnings • May 18
Third quarter 2026 earnings released: EPS: JP¥59.30 (vs JP¥31.23 in 3Q 2025) Third quarter 2026 results: EPS: JP¥59.30 (up from JP¥31.23 in 3Q 2025). Revenue: JP¥1.53b (up 51% from 3Q 2025). Net income: JP¥222.0m (up 91% from 3Q 2025). Profit margin: 14% (up from 12% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • May 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (102% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥9.86b market cap, or US$62.2m). Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,633, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Media industry in Japan. Total loss to shareholders of 7.3% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,827, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Media industry in Japan. Total loss to shareholders of 26% over the past three years. Reported Earnings • Feb 14
Second quarter 2026 earnings released: EPS: JP¥12.21 (vs JP¥11.03 in 2Q 2025) Second quarter 2026 results: EPS: JP¥12.21 (up from JP¥11.03 in 2Q 2025). Revenue: JP¥1.16b (up 23% from 2Q 2025). Net income: JP¥45.7m (up 11% from 2Q 2025). Profit margin: 4.0% (down from 4.4% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Feb 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risk Market cap is less than US$100m (JP¥8.00b market cap, or US$52.2m). Duyuru • Feb 07
unerry,Inc. (TSE:5034) agreed to acquire 20% stake in Blogwatcher, Inc. from Dentsu Group Inc. (TSE:4324). unerry,Inc. (TSE:5034) agreed to acquire 20% stake in Blogwatcher, Inc. from Dentsu Group Inc. (TSE:4324) on February 6, 2026. The funds for this share acquisition are expected to be allocated from unerry,Inc's cash on hand and borrowings from financial institutions. In related transaction, unerry,Inc. also agreed to acquire the remaining 80% stake in Blogwatcher, Inc. from Recruit Co., Ltd. Following the acquisitions, Blogwatcher, Inc. would become a wholly owned subsidiary of unerry,Inc.
For the period ending March 31, 2025, Blogwatcher, Inc. reported total revenue of ¥2.08 billion, EBIT of ¥125 million and net income of ¥84 million. As of March 31, 2025, Blogwatcher, Inc. reported total assets of ¥1.61 billion and total common equity of ¥1.16 billion.
The date of conclusion of the share purchase agreement is scheduled on February 20, 2026 and the date of commencement of share transfer is scheduled on May 1, 2026. Duyuru • Feb 06
unerry,Inc. (TSE:5034) agreed to acquire 80% stake in Blogwatcher, Inc. from Recruit Co., Ltd. unerry,Inc. (TSE:5034) agreed to acquire 80% stake in Blogwatcher, Inc. from Recruit Co., Ltd. on February 6, 2026. The funds for this share acquisition are expected to be allocated from unerry,Inc's cash on hand and borrowings from financial institutions. In related transaction, unerry,Inc. also agreed to acquire the remaining 20% stake in Blogwatcher, Inc. from Dentsu Group Inc. Following the acquisitions, Blogwatcher, Inc. would become a wholly owned subsidiary of unerry,Inc.
For the period ending March 31, 2025, Blogwatcher, Inc. reported total revenue of ¥2.08 billion, EBIT of ¥125 million and net income of ¥84 million. As of March 31, 2025, Blogwatcher, Inc. reported total assets of ¥1.61 billion and total common equity of ¥1.16 billion.
The date of conclusion of the share purchase agreement is scheduled on February 6, 2026 and the date of commencement of share transfer is scheduled on May 1, 2026. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,917, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Media industry in Japan. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,588, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Media industry in Japan. Negligible returns to shareholders over past three years. Duyuru • Dec 02
unerry,Inc. to Report Q2, 2026 Results on Feb 12, 2026 unerry,Inc. announced that they will report Q2, 2026 results on Feb 12, 2026 Duyuru • Sep 25
unerry,Inc. to Report Q1, 2026 Results on Nov 14, 2025 unerry,Inc. announced that they will report Q1, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 43% After last week's 43% share price gain to JP¥4,005, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 19x in the Media industry in Japan. Total returns to shareholders of 93% over the past three years. Reported Earnings • Aug 14
Full year 2025 earnings released: EPS: JP¥88.92 (vs JP¥18.55 in FY 2024) Full year 2025 results: EPS: JP¥88.92 (up from JP¥18.55 in FY 2024). Revenue: JP¥3.73b (up 32% from FY 2024). Net income: JP¥331.0m (up 387% from FY 2024). Profit margin: 8.9% (up from 2.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 13
Now 40% overvalued after recent price rise Over the last 90 days, the stock has risen 49% to JP¥3,305. The fair value is estimated to be JP¥2,368, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 87% in 2 years. Earnings are forecast to grow by 188% in the next 2 years. Duyuru • Aug 12
unerry,Inc., Annual General Meeting, Sep 29, 2025 unerry,Inc., Annual General Meeting, Sep 29, 2025. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,724, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 20x in the Media industry in Japan. Total returns to shareholders of 25% over the past three years. Duyuru • Jul 07
unerry,Inc. to Report Fiscal Year 2025 Results on Aug 12, 2025 unerry,Inc. announced that they will report fiscal year 2025 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥2,798, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 19x in the Media industry in Japan. Negligible returns to shareholders over past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,440 per share. Buy Or Sell Opportunity • May 18
Now 20% undervalued Over the last 90 days, the stock has risen 8.6% to JP¥2,116. The fair value is estimated to be JP¥2,649, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Reported Earnings • May 15
Third quarter 2025 earnings released: EPS: JP¥31.08 (vs JP¥37.37 in 3Q 2024) Third quarter 2025 results: EPS: JP¥31.08 (down from JP¥37.37 in 3Q 2024). Revenue: JP¥1.01b (up 7.9% from 3Q 2024). Net income: JP¥116.0m (down 16% from 3Q 2024). Profit margin: 12% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in Japan. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,226, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 19x in the Media industry in Japan. Total loss to shareholders of 15% over the past year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,436, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Media industry in Japan. Total loss to shareholders of 48% over the past year. Duyuru • Apr 05
unerry,Inc. to Report Q3, 2025 Results on May 13, 2025 unerry,Inc. announced that they will report Q3, 2025 results on May 13, 2025 Reported Earnings • Feb 14
Second quarter 2025 earnings released: EPS: JP¥11.03 (vs JP¥1.90 in 2Q 2024) Second quarter 2025 results: EPS: JP¥11.03 (up from JP¥1.90 in 2Q 2024). Revenue: JP¥938.0m (up 43% from 2Q 2024). Net income: JP¥41.0m (up 486% from 2Q 2024). Profit margin: 4.4% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in Japan. Duyuru • Jan 17
unerry,Inc. to Report Q2, 2025 Results on Feb 12, 2025 unerry,Inc. announced that they will report Q2, 2025 results on Feb 12, 2025 Reported Earnings • Oct 03
Full year 2024 earnings released: EPS: JP¥18.55 (vs JP¥2.59 in FY 2023) Full year 2024 results: EPS: JP¥18.55 (up from JP¥2.59 in FY 2023). Revenue: JP¥2.83b (up 37% from FY 2023). Net income: JP¥68.0m (up JP¥59.0m from FY 2023). Profit margin: 2.4% (up from 0.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Japan. Duyuru • Oct 01
unerry,Inc. to Report Q1, 2025 Results on Nov 14, 2024 unerry,Inc. announced that they will report Q1, 2025 results on Nov 14, 2024 Price Target Changed • Aug 22
Price target decreased by 9.4% to JP¥3,365 Down from JP¥3,715, the current price target is an average from 2 analysts. New target price is 59% above last closing price of JP¥2,120. Stock is down 48% over the past year. The company is forecast to post earnings per share of JP¥110 for next year compared to JP¥18.55 last year. Reported Earnings • Aug 19
Full year 2024 earnings released: EPS: JP¥18.55 (vs JP¥2.59 in FY 2023) Full year 2024 results: EPS: JP¥18.55 (up from JP¥2.59 in FY 2023). Revenue: JP¥2.83b (up 37% from FY 2023). Net income: JP¥68.0m (up JP¥59.0m from FY 2023). Profit margin: 2.4% (up from 0.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan. Duyuru • Aug 14
unerry,Inc., Annual General Meeting, Sep 30, 2024 unerry,Inc., Annual General Meeting, Sep 30, 2024. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to JP¥2,020, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 13x in the Media industry in Japan. Total loss to shareholders of 55% over the past year. New Risk • Aug 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Market cap is less than US$100m (JP¥9.32b market cap, or US$62.6m). Duyuru • Jun 29
unerry,Inc. to Report Fiscal Year 2024 Results on Aug 14, 2024 unerry,Inc. announced that they will report fiscal year 2024 results on Aug 14, 2024 Reported Earnings • May 21
Third quarter 2024 earnings released: EPS: JP¥37.37 (vs JP¥18.32 in 3Q 2023) Third quarter 2024 results: EPS: JP¥37.37 (up from JP¥18.32 in 3Q 2023). Revenue: JP¥937.0m (up 45% from 3Q 2023). Net income: JP¥138.0m (up 116% from 3Q 2023). Profit margin: 15% (up from 9.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Japan. Duyuru • Apr 01
unerry,Inc. to Report Q3, 2024 Results on May 14, 2024 unerry,Inc. announced that they will report Q3, 2024 results on May 14, 2024 Reported Earnings • Feb 15
Second quarter 2024 earnings released: EPS: JP¥1.90 (vs JP¥18.32 in 2Q 2023) Second quarter 2024 results: EPS: JP¥1.90 (down from JP¥18.32 in 2Q 2023). Revenue: JP¥658.0m (up 2.0% from 2Q 2023). Net income: JP¥7.00m (down 89% from 2Q 2023). Profit margin: 1.1% (down from 9.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Duyuru • Jan 09
unerry,Inc. to Report Q2, 2024 Results on Feb 13, 2024 unerry,Inc. announced that they will report Q2, 2024 results on Feb 13, 2024 Reported Earnings • Nov 16
First quarter 2024 earnings released: JP¥8.09 loss per share (vs JP¥6.73 profit in 1Q 2023) First quarter 2024 results: JP¥8.09 loss per share (down from JP¥6.73 profit in 1Q 2023). Revenue: JP¥490.0m (up 46% from 1Q 2023). Net loss: JP¥29.0m (down 232% from profit in 1Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Japan. Duyuru • Oct 13
unerry,Inc. to Report Q1, 2024 Results on Nov 13, 2023 unerry,Inc. announced that they will report Q1, 2024 results on Nov 13, 2023 New Risk • Sep 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Market cap is less than US$100m (JP¥13.3b market cap, or US$90.0m). New Risk • Aug 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.1b (US$97.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (JP¥14.1b market cap, or US$97.1m). Duyuru • Aug 16
unerry,Inc., Annual General Meeting, Sep 29, 2023 unerry,Inc., Annual General Meeting, Sep 29, 2023. Duyuru • Jun 18
unerry,Inc. to Report Fiscal Year 2023 Results on Aug 14, 2023 unerry,Inc. announced that they will report fiscal year 2023 results on Aug 14, 2023 Duyuru • Dec 29
unerry,Inc. to Report Q2, 2023 Results on Feb 13, 2023 unerry,Inc. announced that they will report Q2, 2023 results on Feb 13, 2023 Duyuru • Sep 03
unerry,Inc. to Report Q1, 2023 Results on Nov 11, 2022 unerry,Inc. announced that they will report Q1, 2023 results on Nov 11, 2022 Duyuru • Aug 03
unerry,Inc. to Report Q4, 2022 Results on Aug 12, 2022 unerry,Inc. announced that they will report Q4, 2022 results on Aug 12, 2022 Duyuru • Jul 29
unerry,Inc. has completed an IPO in the amount of ¥603.204 million. unerry,Inc. has completed an IPO in the amount of ¥603.204 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 467,600
Price\Range: ¥1290
Discount Per Security: ¥103.2
Transaction Features: Sponsor Backed Offering