Reported Earnings • Mar 14
Full year 2026 earnings released: EPS: JP¥6.33 (vs JP¥12.22 in FY 2025) Full year 2026 results: EPS: JP¥6.33 (down from JP¥12.22 in FY 2025). Revenue: JP¥13.4b (up 1.5% from FY 2025). Net income: JP¥50.0m (down 50% from FY 2025). Profit margin: 0.4% (down from 0.8% in FY 2025). Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • Mar 14
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: 0.4% Last year net profit margin: 0.8% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (JP¥2.30b market cap, or US$14.4m). Duyuru • Mar 13
Naigai Co.,Ltd., Annual General Meeting, Apr 23, 2026 Naigai Co.,Ltd., Annual General Meeting, Apr 23, 2026. Duyuru • Jan 06
Naigai Co.,Ltd. to Report Fiscal Year 2026 Results on Mar 13, 2026 Naigai Co.,Ltd. announced that they will report fiscal year 2026 results on Mar 13, 2026 Reported Earnings • Dec 16
Third quarter 2026 earnings released: JP¥8.94 loss per share (vs JP¥13.41 loss in 3Q 2025) Third quarter 2026 results: JP¥8.94 loss per share (improved from JP¥13.41 loss in 3Q 2025). Revenue: JP¥3.05b (up 5.6% from 3Q 2025). Net loss: JP¥70.0m (loss narrowed 36% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Nov 05
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Tomoko Matsui 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. Duyuru • Sep 27
Naigai Co.,Ltd. to Report Q3, 2026 Results on Dec 12, 2025 Naigai Co.,Ltd. announced that they will report Q3, 2026 results on Dec 12, 2025 Reported Earnings • Sep 15
Second quarter 2026 earnings released: JP¥0.51 loss per share (vs JP¥13.90 loss in 2Q 2025) Second quarter 2026 results: JP¥0.51 loss per share (improved from JP¥13.90 loss in 2Q 2025). Revenue: JP¥3.19b (up 3.1% from 2Q 2025). Net loss: JP¥4.00m (loss narrowed 97% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. New Risk • Sep 11
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 8.4% 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 (8.4% average weekly change). Minor Risk Market cap is less than US$100m (JP¥2.79b market cap, or US$18.9m). Duyuru • Jun 29
Naigai Co.,Ltd. to Report Q2, 2026 Results on Sep 12, 2025 Naigai Co.,Ltd. announced that they will report Q2, 2026 results on Sep 12, 2025 Reported Earnings • Jun 15
First quarter 2026 earnings released: JP¥38.88 loss per share (vs JP¥10.51 loss in 1Q 2025) First quarter 2026 results: JP¥38.88 loss per share (further deteriorated from JP¥10.51 loss in 1Q 2025). Revenue: JP¥2.80b (down 3.5% from 1Q 2025). Net loss: JP¥314.0m (loss widened 265% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 01
Naigai Co.,Ltd. to Report Q1, 2026 Results on Jun 13, 2025 Naigai Co.,Ltd. announced that they will report Q1, 2026 results on Jun 13, 2025 Reported Earnings • Mar 15
Full year 2025 earnings released: EPS: JP¥12.22 (vs JP¥13.69 in FY 2024) Full year 2025 results: EPS: JP¥12.22 (down from JP¥13.69 in FY 2024). Revenue: JP¥13.2b (up 1.1% from FY 2024). Net income: JP¥100.0m (down 11% from FY 2024). Profit margin: 0.8% (down from 0.9% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Duyuru • Jan 28
Naigai Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 14, 2025 Naigai Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 14, 2025 Reported Earnings • Dec 16
Third quarter 2025 earnings released: JP¥13.41 loss per share (vs JP¥5.13 loss in 3Q 2024) Third quarter 2025 results: JP¥13.41 loss per share (further deteriorated from JP¥5.13 loss in 3Q 2024). Revenue: JP¥2.89b (down 3.1% from 3Q 2024). Net loss: JP¥110.0m (loss widened 162% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Duyuru • Sep 28
Naigai Co.,Ltd. to Report Q3, 2025 Results on Dec 13, 2024 Naigai Co.,Ltd. announced that they will report Q3, 2025 results on Dec 13, 2024 Reported Earnings • Sep 17
Second quarter 2025 earnings released: JP¥13.90 loss per share (vs JP¥5.38 loss in 2Q 2024) Second quarter 2025 results: JP¥13.90 loss per share (further deteriorated from JP¥5.38 loss in 2Q 2024). Revenue: JP¥3.09b (up 2.4% from 2Q 2024). Net loss: JP¥114.0m (loss widened 159% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥220, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 10x in the Retail Distributors industry in Japan. Total loss to shareholders of 33% over the past three years. Duyuru • Jun 30
Naigai Co.,Ltd. to Report Q2, 2025 Results on Sep 13, 2024 Naigai Co.,Ltd. announced that they will report Q2, 2025 results on Sep 13, 2024 Reported Earnings • Jun 16
First quarter 2025 earnings released: JP¥10.51 loss per share (vs JP¥5.25 loss in 1Q 2024) First quarter 2025 results: JP¥10.51 loss per share (further deteriorated from JP¥5.25 loss in 1Q 2024). Revenue: JP¥2.90b (flat on 1Q 2024). Net loss: JP¥86.0m (loss widened 100% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. New Risk • Jun 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.12b market cap, or US$13.5m). Duyuru • Apr 29
Naigai Co.,Ltd. to Report Q1, 2025 Results on Jun 13, 2024 Naigai Co.,Ltd. announced that they will report Q1, 2025 results on Jun 13, 2024 Reported Earnings • Mar 17
Full year 2024 earnings released: EPS: JP¥13.69 (vs JP¥190 loss in FY 2023) Full year 2024 results: EPS: JP¥13.69 (up from JP¥190 loss in FY 2023). Revenue: JP¥13.0b (up 2.4% from FY 2023). Net income: JP¥112.0m (up JP¥1.66b from FY 2023). Profit margin: 0.9% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Duyuru • Mar 17
Naigai Co.,Ltd., Annual General Meeting, Apr 25, 2024 Naigai Co.,Ltd., Annual General Meeting, Apr 25, 2024. Duyuru • Jan 28
Naigai Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 15, 2024 Naigai Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 15, 2024 Reported Earnings • Dec 16
Third quarter 2024 earnings released: JP¥5.13 loss per share (vs JP¥61.46 loss in 3Q 2023) Third quarter 2024 results: JP¥5.13 loss per share (improved from JP¥61.46 loss in 3Q 2023). Revenue: JP¥2.98b (flat on 3Q 2023). Net loss: JP¥42.0m (loss narrowed 92% from 3Q 2023). 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 9% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 18
Second quarter 2024 earnings released: JP¥5.38 loss per share (vs JP¥26.89 loss in 2Q 2023) Second quarter 2024 results: JP¥5.38 loss per share (improved from JP¥26.89 loss in 2Q 2023). Revenue: JP¥3.02b (down 6.0% from 2Q 2023). Net loss: JP¥44.0m (loss narrowed 80% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 16
First quarter 2024 earnings released: JP¥5.25 loss per share (vs JP¥34.50 loss in 1Q 2023) First quarter 2024 results: JP¥5.25 loss per share (improved from JP¥34.50 loss in 1Q 2023). Revenue: JP¥2.91b (up 2.5% from 1Q 2023). Net loss: JP¥43.0m (loss narrowed 85% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Duyuru • May 26
Naigai Co.,Ltd. to Report Q1, 2024 Results on Jun 13, 2023 Naigai Co.,Ltd. announced that they will report Q1, 2024 results on Jun 13, 2023 Reported Earnings • May 03
Full year 2023 earnings released: JP¥190 loss per share (vs JP¥15.10 profit in FY 2022) Full year 2023 results: JP¥190 loss per share (down from JP¥15.10 profit in FY 2022). Revenue: JP¥12.7b (down 5.6% from FY 2022). Net loss: JP¥1.55b (down JP¥1.68b from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 18
Full year 2023 earnings released: JP¥190 loss per share (vs JP¥15.10 profit in FY 2022) Full year 2023 results: JP¥190 loss per share (down from JP¥15.10 profit in FY 2022). Revenue: JP¥12.7b (down 5.6% from FY 2022). Net loss: JP¥1.55b (down JP¥1.68b from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Duyuru • Jan 29
Naigai Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 17, 2023 Naigai Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 17, 2023 Reported Earnings • Dec 17
Third quarter 2023 earnings released: JP¥61.46 loss per share (vs JP¥16.68 loss in 3Q 2022) Third quarter 2023 results: JP¥61.46 loss per share (further deteriorated from JP¥16.68 loss in 3Q 2022). Revenue: JP¥2.98b (up 8.4% from 3Q 2022). Net loss: JP¥503.0m (loss widened 267% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Duyuru • Nov 27
Naigai Co.,Ltd. to Report Q3, 2023 Results on Dec 14, 2022 Naigai Co.,Ltd. announced that they will report Q3, 2023 results on Dec 14, 2022 Board Change • Nov 16
Insufficient new 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. 3 highly experienced directors. Independent Outside Director Koichi Yanagimura was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 15
Second quarter 2023 earnings released: JP¥26.89 loss per share (vs JP¥17.65 loss in 2Q 2022) Second quarter 2023 results: JP¥26.89 loss per share (further deteriorated from JP¥17.65 loss in 2Q 2022). Revenue: JP¥3.21b (up 1.1% from 2Q 2022). Net loss: JP¥220.0m (loss widened 52% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Duyuru • Aug 21
Naigai Co.,Ltd. to Report Q2, 2023 Results on Sep 13, 2022 Naigai Co.,Ltd. announced that they will report Q2, 2023 results on Sep 13, 2022 Reported Earnings • Jun 14
First quarter 2023 earnings released: JP¥34.50 loss per share (vs JP¥6.58 profit in 1Q 2022) First quarter 2023 results: JP¥34.50 loss per share (down from JP¥6.58 profit in 1Q 2022). Revenue: JP¥2.84b (down 2.8% from 1Q 2022). Net loss: JP¥283.0m (down JP¥337.0m from profit in 1Q 2022). 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 14% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Insufficient new 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. 3 highly experienced directors. Independent Outside Director Koichi Yanagimura was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 20
Naigai Co.,Ltd. to Report Q1, 2023 Results on Jun 13, 2022 Naigai Co.,Ltd. announced that they will report Q1, 2023 results on Jun 13, 2022 Duyuru • Apr 08
Naigai Co.,Ltd., Annual General Meeting, Apr 27, 2022 Naigai Co.,Ltd., Annual General Meeting, Apr 27, 2022. Duyuru • Apr 01
Naigai Co.,Ltd. (TSE:8013) announces an Equity Buyback for 50,000 shares, representing 0.61% for ¥20 million. Naigai Co.,Ltd. (TSE:8013) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.61% of its issued share capital for ¥20 million. The purpose of the program is to enable flexible capital policy implementation in response to changes in the business environment. The program will expire on June 30, 2022. As of January 31, 2022, the company had 8,216,273 issued shares (excluding treasury stock) and 1,008 treasury stock. Duyuru • Jan 28
Naigai Co.,Ltd. to Report Fiscal Year 2022 Results on Mar 17, 2022 Naigai Co.,Ltd. announced that they will report fiscal year 2022 results on Mar 17, 2022 Reported Earnings • Dec 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥16.68 loss per share (up from JP¥52.25 loss in 3Q 2021). Revenue: JP¥2.75b (up 3.2% from 3Q 2021). Net loss: JP¥137.0m (loss narrowed 68% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 16
Second quarter 2022 earnings released: JP¥17.65 loss per share (vs JP¥38.25 loss in 2Q 2021) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were flat. Second quarter 2022 results: Revenue: JP¥3.18b (flat on 2Q 2021). Net loss: JP¥145.0m (loss narrowed 54% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 14
First quarter 2022 earnings released: EPS JP¥6.58 (vs JP¥82.22 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥2.92b (up 40% from 1Q 2021). Net income: JP¥54.0m (up JP¥729.0m from 1Q 2021). Profit margin: 1.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • May 03
Full year 2021 earnings released: JP¥224 loss per share (vs JP¥54.32 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¥11.7b (down 30% from FY 2020). Net loss: JP¥1.84b (loss widened 312% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Duyuru • Mar 19
Naigai Co.,Ltd., Annual General Meeting, Apr 28, 2021 Naigai Co.,Ltd., Annual General Meeting, Apr 28, 2021. Reported Earnings • Mar 19
Full year 2021 earnings released: JP¥224 loss per share (vs JP¥54.32 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¥11.7b (down 30% from FY 2020). Net loss: JP¥1.84b (loss widened 312% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Duyuru • Jan 27
Naigai Co.,Ltd. to Report Fiscal Year 2021 Results on Mar 17, 2021 Naigai Co.,Ltd. announced that they will report fiscal year 2021 results on Mar 17, 2021 Is New 90 Day High Low • Jan 18
New 90-day low: JP¥336 The company is down 11% from its price of JP¥377 on 20 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is down 1.0% over the same period. Is New 90 Day High Low • Dec 25
New 90-day low: JP¥344 The company is down 12% from its price of JP¥392 on 25 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 Retail Distributors industry, which is down 1.0% over the same period. Reported Earnings • Dec 17
Third quarter 2021 earnings released: JP¥52.25 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2021 results: Revenue: JP¥2.66b (down 24% from 3Q 2020). Net loss: JP¥429.0m (loss narrowed 17% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 112% 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. Is New 90 Day High Low • Dec 02
New 90-day low: JP¥349 The company is down 6.0% from its price of JP¥371 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 3.0% over the same period. Duyuru • Jul 26
Naigai Co., Ltd. to Report Q2, 2021 Results on Sep 16, 2020 Naigai Co., Ltd. announced that they will report Q2, 2021 results on Sep 16, 2020 
