Buy Or Sell Opportunity • Jun 23
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 38% to JP¥144. The fair value is estimated to be JP¥185, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 4.9%. Buy Or Sell Opportunity • Jun 08
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 37% to JP¥141. The fair value is estimated to be JP¥191, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 4.9%. Reported Earnings • May 19
Full year 2026 earnings released: JP¥24.19 loss per share (vs JP¥22.45 loss in FY 2025) Full year 2026 results: JP¥24.19 loss per share (further deteriorated from JP¥22.45 loss in FY 2025). Revenue: JP¥3.53b (down 21% from FY 2025). Net loss: JP¥444.0m (loss widened 20% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. New Risk • May 18
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 9.7% 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 (9.7% average weekly change). Earnings have declined by 1.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥4.44b market cap, or US$28.0m). Duyuru • May 14
Dream Vision Co.,Ltd., Annual General Meeting, Jun 23, 2026 Dream Vision Co.,Ltd., Annual General Meeting, Jun 23, 2026. Reported Earnings • Feb 14
Third quarter 2026 earnings released: JP¥5.12 loss per share (vs JP¥5.13 loss in 3Q 2025) Third quarter 2026 results: JP¥5.12 loss per share. Revenue: JP¥740.0m (down 38% from 3Q 2025). Net loss: JP¥94.0m (loss widened 2.2% from 3Q 2025). Duyuru • Dec 24
Dream Vision Co.,Ltd. to Report Q3, 2026 Results on Feb 12, 2026 Dream Vision Co.,Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 17
Second quarter 2026 earnings released: JP¥5.56 loss per share (vs JP¥6.57 loss in 2Q 2025) Second quarter 2026 results: JP¥5.56 loss per share. Revenue: JP¥907.0m (down 22% from 2Q 2025). Net loss: JP¥102.0m (loss widened 4.1% from 2Q 2025). Duyuru • Sep 26
Dream Vision Co.,Ltd. to Report Q2, 2026 Results on Nov 13, 2025 Dream Vision Co.,Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025 New Risk • Sep 09
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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (JP¥4.03b market cap, or US$27.5m). Reported Earnings • Aug 16
First quarter 2026 earnings released: JP¥4.31 loss per share (vs JP¥10.25 loss in 1Q 2025) First quarter 2026 results: JP¥4.31 loss per share (improved from JP¥10.25 loss in 1Q 2025). Revenue: JP¥900.0m (down 13% from 1Q 2025). Net loss: JP¥79.0m (loss narrowed 48% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Duyuru • Jul 30
Dream Vision Co.,Ltd. to Report Q1, 2026 Results on Aug 14, 2025 Dream Vision Co.,Ltd. announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jun 29
Full year 2025 earnings released: JP¥22.45 loss per share (vs JP¥23.96 loss in FY 2024) Full year 2025 results: JP¥22.45 loss per share. Revenue: JP¥4.50b (down 3.4% from FY 2024). Net loss: JP¥369.0m (loss widened 4.8% from FY 2024). Reported Earnings • May 21
Full year 2025 earnings released: JP¥22.45 loss per share (vs JP¥23.96 loss in FY 2024) Full year 2025 results: JP¥22.45 loss per share. Revenue: JP¥4.50b (down 3.4% from FY 2024). Net loss: JP¥369.0m (loss widened 4.8% from FY 2024). Duyuru • May 15
Dream Vision Co.,Ltd., Annual General Meeting, Jun 23, 2025 Dream Vision Co.,Ltd., Annual General Meeting, Jun 23, 2025. Duyuru • Apr 10
Dream Vision Co.,Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Dream Vision Co.,Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: JP¥5.13 loss per share (vs JP¥0.54 profit in 3Q 2024) Third quarter 2025 results: JP¥5.13 loss per share (down from JP¥0.54 profit in 3Q 2024). Revenue: JP¥1.19b (down 2.6% from 3Q 2024). Net loss: JP¥92.0m (down JP¥100.0m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% 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 17
Dream Vision Co.,Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Dream Vision Co.,Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Oct 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 0.3% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (JP¥2.95b market cap, or US$19.4m). Duyuru • Oct 03
Dream Vision Co.,Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Dream Vision Co.,Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 19
First quarter 2025 earnings released: JP¥10.25 loss per share (vs JP¥5.55 loss in 1Q 2024) First quarter 2025 results: JP¥10.25 loss per share (further deteriorated from JP¥5.55 loss in 1Q 2024). Revenue: JP¥1.04b (down 10% from 1Q 2024). Net loss: JP¥151.0m (loss widened 86% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 13% per year. Duyuru • Aug 03
Dream Vision Co.,Ltd. announced that it has received ¥2.34 million in funding from SBI Securities Co., Ltd., Investment Arm On August 2, 2024, Dream Vision Co.,Ltd. closed the transaction. Duyuru • Jun 28
Dream Vision Co.,Ltd. to Report Q1, 2025 Results on Aug 14, 2024 Dream Vision Co.,Ltd. announced that they will report Q1, 2025 results on Aug 14, 2024 Duyuru • May 17
Dream Vision Co.,Ltd., Annual General Meeting, Jun 24, 2024 Dream Vision Co.,Ltd., Annual General Meeting, Jun 24, 2024. Duyuru • Apr 14
Dream Vision Co.,Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Dream Vision Co.,Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: JP¥0.54 (vs JP¥2.40 in 3Q 2023) Third quarter 2024 results: EPS: JP¥0.54 (down from JP¥2.40 in 3Q 2023). Revenue: JP¥1.22b (down 11% from 3Q 2023). Net income: JP¥8.00m (down 77% from 3Q 2023). Profit margin: 0.7% (down from 2.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Duyuru • Dec 28
Dream Vision Co.,Ltd. to Report Q3, 2024 Results on Feb 13, 2024 Dream Vision Co.,Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 20
Second quarter 2024 earnings released: JP¥12.30 loss per share (vs JP¥2.44 loss in 2Q 2023) Second quarter 2024 results: JP¥12.30 loss per share (further deteriorated from JP¥2.44 loss in 2Q 2023). Revenue: JP¥1.09b (down 19% from 2Q 2023). Net loss: JP¥181.0m (loss widened 432% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Duyuru • Sep 28
Dream Vision Co.,Ltd. to Report Q2, 2024 Results on Nov 14, 2023 Dream Vision Co.,Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 14
First quarter 2024 earnings released: JP¥5.55 loss per share (vs JP¥1.31 loss in 1Q 2023) First quarter 2024 results: JP¥5.55 loss per share (further deteriorated from JP¥1.31 loss in 1Q 2023). Revenue: JP¥1.16b (down 8.7% from 1Q 2023). Net loss: JP¥81.0m (loss widened 350% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Duyuru • Jun 28
Dream Vision Co.,Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Dream Vision Co.,Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: JP¥2.47 (vs JP¥7.49 in 3Q 2022) Third quarter 2023 results: EPS: JP¥2.47 (down from JP¥7.49 in 3Q 2022). Revenue: JP¥1.37b (down 1.7% from 3Q 2022). Net income: JP¥35.0m (down 66% from 3Q 2022). Profit margin: 2.6% (down from 7.4% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Buying Opportunity • Jan 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥220, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company has become profitable. Duyuru • Dec 04
Dream Vision Co.,Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Dream Vision Co.,Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: JP¥2.44 loss per share (vs JP¥5.21 loss in 2Q 2022) Second quarter 2023 results: JP¥2.44 loss per share (improved from JP¥5.21 loss in 2Q 2022). Revenue: JP¥1.35b (up 18% from 2Q 2022). Net loss: JP¥34.0m (loss narrowed 52% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent External Director Yasunari Ishihara was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥2.44 loss per share (vs JP¥5.21 loss in 2Q 2022) Second quarter 2023 results: JP¥2.44 loss per share (improved from JP¥5.21 loss in 2Q 2022). Revenue: JP¥1.35b (up 18% from 2Q 2022). Net loss: JP¥34.0m (loss narrowed 52% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Duyuru • Sep 28
Dream Vision Co.,Ltd. to Report Q2, 2023 Results on Nov 10, 2022 Dream Vision Co.,Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: JP¥1.31 loss per share (vs JP¥2.47 loss in 1Q 2022) First quarter 2023 results: JP¥1.31 loss per share (up from JP¥2.47 loss in 1Q 2022). Revenue: JP¥1.27b (up 6.3% from 1Q 2022). Net loss: JP¥18.0m (loss narrowed 46% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Jul 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent External Director Yasunari Ishihara was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 14
Dream Vision Co.,Ltd., Annual General Meeting, Jun 23, 2022 Dream Vision Co.,Ltd., Annual General Meeting, Jun 23, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent External Director Yasunari Ishihara was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 08
Dream Vision Co.,Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Dream Vision Co.,Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥7.50 (up from JP¥0.73 in 3Q 2021). Revenue: JP¥1.39b (down 20% from 3Q 2021). Net income: JP¥103.0m (up JP¥94.0m from 3Q 2021). Profit margin: 7.4% (up from 0.5% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Board Change • Aug 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent External Director Yasunari Ishihara was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 12
First quarter 2022 earnings released: JP¥2.47 loss per share (vs JP¥3.40 loss in 1Q 2021) The company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2022 results: Revenue: JP¥1.19b (down 20% from 1Q 2021). Net loss: JP¥33.0m (loss narrowed 18% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 17
Full year 2021 earnings released: JP¥41.40 loss per share (vs JP¥14.39 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥6.02b (down 24% from FY 2020). Net loss: JP¥507.0m (loss widened 200% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Duyuru • Mar 12
Dream Vision Co.,Ltd. to Report Fiscal Year 2021 Results on May 10, 2021 Dream Vision Co.,Ltd. announced that they will report fiscal year 2021 results on May 10, 2021 Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥0.73 (vs JP¥0.43 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥1.74b (down 19% from 3Q 2020). Net income: JP¥9.00m (up 80% from 3Q 2020). Profit margin: 0.5% (up from 0.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 72% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 09
New 90-day high: JP¥249 The company is up 11% from its price of JP¥224 on 11 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 12% over the same period. Duyuru • Dec 27
Dream Vision Co.,Ltd. to Report Q3, 2021 Results on Feb 10, 2021 Dream Vision Co.,Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 22
New 90-day low: JP¥204 The company is down 21% from its price of JP¥259 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 Online Retail industry, which is down 5.0% over the same period. Duyuru • Oct 11
Dream Vision Co.,Ltd. to Report Q2, 2021 Results on Nov 12, 2020 Dream Vision Co.,Ltd. announced that they will report Q2, 2021 results on Nov 12, 2020 Duyuru • Aug 23
Dream Vision Co.,Ltd. to Report Q1, 2021 Results on Aug 11, 2020 Dream Vision Co.,Ltd. announced that they will report Q1, 2021 results on Aug 11, 2020