Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥135 (vs JP¥127 in FY 2025) Full year 2026 results: EPS: JP¥135 (up from JP¥127 in FY 2025). Revenue: JP¥37.7b (up 7.4% from FY 2025). Net income: JP¥2.49b (up 6.4% from FY 2025). Profit margin: 6.6% (down from 6.7% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year. Announcement • May 12
Waseda Academy Co., Ltd., Annual General Meeting, Jun 25, 2026 Waseda Academy Co., Ltd., Annual General Meeting, Jun 25, 2026. Announcement • May 09
Waseda Academy Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026 Waseda Academy Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%). Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥30.04 (vs JP¥31.92 in 3Q 2025) Third quarter 2026 results: EPS: JP¥30.04 (down from JP¥31.92 in 3Q 2025). Revenue: JP¥9.25b (up 7.0% from 3Q 2025). Net income: JP¥555.0m (down 4.6% from 3Q 2025). Profit margin: 6.0% (down from 6.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year. Announcement • Dec 17
Waseda Academy Co., Ltd. to Report Q3, 2026 Results on Feb 04, 2026 Waseda Academy Co., Ltd. announced that they will report Q3, 2026 results on Feb 04, 2026 Declared Dividend • Nov 28
First half dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥72.32 (vs JP¥68.97 in 2Q 2025) Second quarter 2026 results: EPS: JP¥72.32 (up from JP¥68.97 in 2Q 2025). Revenue: JP¥11.3b (up 7.9% from 2Q 2025). Net income: JP¥1.34b (up 5.5% from 2Q 2025). Profit margin: 12% (in line with 2Q 2025). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 25
Waseda Academy Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Waseda Academy Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: JP¥14.99 loss per share (vs JP¥18.82 loss in 1Q 2025) First quarter 2026 results: JP¥14.99 loss per share (improved from JP¥18.82 loss in 1Q 2025). Revenue: JP¥7.02b (up 7.3% from 1Q 2025). Net loss: JP¥277.0m (loss narrowed 22% from 1Q 2025). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Consumer Services industry in Japan. 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 33% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2025 Payment date: 28th November 2025 Dividend yield will be 2.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 21
Waseda Academy Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025 Waseda Academy Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025 Reported Earnings • May 10
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: JP¥127 (up from JP¥113 in FY 2024). Revenue: JP¥35.1b (up 6.7% from FY 2024). Net income: JP¥2.34b (up 9.7% from FY 2024). Profit margin: 6.7% (up from 6.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year. Announcement • May 09
Waseda Academy Co., Ltd., Annual General Meeting, Jun 26, 2025 Waseda Academy Co., Ltd., Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). Announcement • Mar 06
Waseda Academy Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Waseda Academy Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥31.92 (vs JP¥21.41 in 3Q 2024) Third quarter 2025 results: EPS: JP¥31.92 (up from JP¥21.41 in 3Q 2024). Revenue: JP¥8.65b (up 7.6% from 3Q 2024). Net income: JP¥582.0m (up 44% from 3Q 2024). Profit margin: 6.7% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year. Announcement • Jan 03
Waseda Academy Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Waseda Academy Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Nov 29
First half dividend increased to JP¥40.00 Dividend of JP¥40.00 is 33% higher than last year. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥68.97 (vs JP¥58.46 in 2Q 2024) Second quarter 2025 results: EPS: JP¥68.97 (up from JP¥58.46 in 2Q 2024). Revenue: JP¥10.4b (up 7.2% from 2Q 2024). Net income: JP¥1.27b (up 14% from 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Sep 25
Waseda Academy Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Waseda Academy Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 28 November 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.7%). Announcement • Aug 27
Waseda Academy Co., Ltd. (TSE:4718) announces an Equity Buyback for 220,000 shares, representing 1.19% for ¥344.52 million. Waseda Academy Co., Ltd. (TSE:4718) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.19% of its share capital, for ¥344.52 million. The repurchase price per share is ¥1,566. The company will repurchase its shares in order to improve capital efficiency and enable flexible capital policy in the future. The program is valid till August 27, 2024. As of August 26, 2024, the company had 18,540,376 shares outstanding (excluding treasury shares) and 472,076 shares in treasury. Reported Earnings • Aug 02
First quarter 2025 earnings released: JP¥18.82 loss per share (vs JP¥5.51 loss in 1Q 2024) First quarter 2025 results: JP¥18.82 loss per share (further deteriorated from JP¥5.51 loss in 1Q 2024). Revenue: JP¥6.54b (up 4.7% from 1Q 2024). Net loss: JP¥353.0m (loss widened 239% from 1Q 2024). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 27th September 2024 Payment date: 28th November 2024 Dividend yield will be 2.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 26
Waseda Academy Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024 Waseda Academy Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Announcement • May 28
Waseda Academy Co., Ltd. (TSE:4718) announces an Equity Buyback for 480,000 shares, representing 2.52% for ¥736.32 million. Waseda Academy Co., Ltd. (TSE:4718) announces a share repurchase program. Under the program, the company will repurchase up to 480,000 shares, representing 2.52% of its share capital, for ¥736.32 million. The repurchase price per share is ¥1,534. The company will repurchase its shares in order to improve capital efficiency and enable flexible capital policy in the future. As of May 27, 2024, the company had 19,012,376 shares outstanding (excluding treasury shares) and 76 shares in treasury. Reported Earnings • May 12
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥113 (up from JP¥82.34 in FY 2023). Revenue: JP¥32.9b (up 7.0% from FY 2023). Net income: JP¥2.13b (up 37% from FY 2023). Profit margin: 6.5% (up from 5.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Waseda Academy Co., Ltd., Annual General Meeting, Jun 25, 2024 Waseda Academy Co., Ltd., Annual General Meeting, Jun 25, 2024. Announcement • Mar 23
Waseda Academy Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Waseda Academy Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%). New Risk • Feb 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥21.41 (vs JP¥18.28 in 3Q 2023) Third quarter 2024 results: EPS: JP¥21.41 (up from JP¥18.28 in 3Q 2023). Revenue: JP¥8.04b (up 6.4% from 3Q 2023). Net income: JP¥405.0m (up 17% from 3Q 2023). Profit margin: 5.0% (up from 4.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
Waseda Academy Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2024 Waseda Academy Co., Ltd. provided dividend guidance for the Year ending March 31, 2024. For the year, the company expects dividend of JPY 30.00 per share against JPY 16.00 per share a year ago. Announcement • Dec 10
Waseda Academy Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Waseda Academy 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¥58.46 (vs JP¥49.79 in 2Q 2023) Second quarter 2024 results: EPS: JP¥58.46 (up from JP¥49.79 in 2Q 2023). Revenue: JP¥9.73b (up 7.8% from 2Q 2023). Net income: JP¥1.11b (up 18% from 2Q 2023). Profit margin: 11% (up from 10% in 2Q 2023). 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 14% per year, which means it is significantly lagging earnings growth. Announcement • Nov 01
Waseda Academy Co., Ltd. Announces Dividend for the Second Quarter of Year Ending March 31, 2024, Payable on November 28, 2023 and Provides Dividend Guidance for the Year Ending March 31, 2024 Waseda Academy Co., Ltd. announced the dividend of JPY 10.00 per share for the second quarter of Year ending March 31, 2024, payable on November 28, 2023 against JPY 8.00 per share a year ago.Provided dividend guidance for the Year ending March 31, 2024. For the year, the company expects dividend of JPY 30.00 per share against JPY 16.00 per share a year ago. Announcement • Sep 23
Waseda Academy Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Waseda Academy Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥10.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 28 November 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.6%). Reported Earnings • Aug 01
First quarter 2024 earnings released: JP¥5.51 loss per share (vs JP¥13.21 loss in 1Q 2023) First quarter 2024 results: JP¥5.51 loss per share (improved from JP¥13.21 loss in 1Q 2023). Revenue: JP¥6.25b (up 7.8% from 1Q 2023). Net loss: JP¥104.0m (loss narrowed 58% from 1Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Jun 26
Waseda Academy Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Waseda Academy Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Announcement • May 13
Waseda Academy Co., Ltd., Annual General Meeting, Jun 27, 2023 Waseda Academy Co., Ltd., Annual General Meeting, Jun 27, 2023. Reported Earnings • May 13
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥82.34 (up from JP¥58.76 in FY 2022). Revenue: JP¥30.7b (up 7.6% from FY 2022). Net income: JP¥1.55b (up 40% from FY 2022). Profit margin: 5.1% (up from 3.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.2%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥16.00 per share at 2.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.5%). Announcement • Feb 02
Waseda Academy Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023 Waseda Academy Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of JPY 31,000 million, operating profit of JPY 2,149 million, profit attributable to owners of parent of JPY 1,303 million and earnings per share of JPY 69.09. Announcement • Feb 01
Waseda Academy Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023 Waseda Academy Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects dividend of JPY 16.00 per share against JPY 15.00 per share paid a year ago. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥18.28 (vs JP¥10.82 in 3Q 2022) Third quarter 2023 results: EPS: JP¥18.28 (up from JP¥10.82 in 3Q 2022). Revenue: JP¥7.55b (up 7.5% from 3Q 2022). Net income: JP¥345.0m (up 69% from 3Q 2022). Profit margin: 4.6% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Dec 04
Waseda Academy Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Waseda Academy Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Executive Officer, GM of Operations Division & Director Takahiro Chiba was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥49.79 (vs JP¥46.99 in 2Q 2022) Second quarter 2023 results: EPS: JP¥49.79 (up from JP¥46.99 in 2Q 2022). Revenue: JP¥9.03b (up 6.4% from 2Q 2022). Net income: JP¥939.0m (up 6.0% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 29 November 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.5%). Announcement • Aug 31
Waseda Academy Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022 Waseda Academy Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Announcement • Aug 01
Waseda Academy Co., Ltd. Provides Consolidated Financial Guidance for the Six Months Ending September 30, 2022 and for the Year Ending March 31, 2023 Waseda Academy Co., Ltd. provided consolidated financial guidance for the six months ending September 30, 2022 and for the year ending March 31, 2023. For the six months, the company expects net sales of JPY 14,922 million, operating profit of JPY 879 million, profit attributable to owners of parent of JPY 525 million and earnings per share of JPY 27.85. For the year, the company expects net sales of JPY 31,000 million, operating profit of JPY 2,149 million, profit attributable to owners of parent of JPY 1,303 million and earnings per share of JPY 69.11. Reported Earnings • Jul 31
First quarter 2023 earnings released: JP¥13.21 loss per share (vs JP¥16.81 loss in 1Q 2022) First quarter 2023 results: JP¥13.21 loss per share (up from JP¥16.81 loss in 1Q 2022). Revenue: JP¥5.80b (up 11% from 1Q 2022). Net loss: JP¥249.0m (loss narrowed 22% from 1Q 2022). Over the next year, revenue is forecast to grow 8.4%, compared to a 7.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • May 29
Waseda Academy Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Waseda Academy Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 13
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥58.76 (up from JP¥33.12 in FY 2021). Revenue: JP¥28.6b (up 12% from FY 2021). Net income: JP¥1.11b (up 110% from FY 2021). Profit margin: 3.9% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%. Over the next year, revenue is forecast to grow 3.7%, compared to a 10% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Sr. Managing Exec. Officer, GM of Mgmt. Promotion Headquarters & Int. Affairs Dept. and Director Makoto Ito was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Waseda Academy Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022 Waseda Academy Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.2%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥10.82 (down from JP¥19.11 in 3Q 2021). Revenue: JP¥7.03b (up 6.2% from 3Q 2021). Net income: JP¥204.0m (down 33% from 3Q 2021). Profit margin: 2.9% (down from 4.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) exceeded analyst estimates by 9.3%. Over the next year, revenue is forecast to grow 9.4%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 27 November 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 03
First quarter 2022 earnings released: JP¥16.81 loss per share (vs JP¥36.10 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥5.23b (up 18% from 1Q 2021). Net loss: JP¥317.0m (loss narrowed 45% from 1Q 2021). 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 4% per year, which means it has not declined as severely as earnings. Reported Earnings • May 12
Full year 2021 earnings released: EPS JP¥33.12 (vs JP¥48.73 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥25.5b (up 3.4% from FY 2020). Net income: JP¥529.0m (down 32% from FY 2020). Profit margin: 2.1% (down from 3.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% 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. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.9%). Is New 90 Day High Low • Mar 10
New 90-day low: JP¥965 The company is down 2.0% from its price of JP¥982 on 10 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥547 per share. Announcement • Mar 05
Waseda Academy Co., Ltd. to Report Fiscal Year 2021 Results on May 10, 2021 Waseda Academy Co., Ltd. announced that they will report fiscal year 2021 results on May 10, 2021 Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥19.11 (vs JP¥19.88 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥6.62b (up 8.5% from 3Q 2020). Net income: JP¥303.0m (down 3.8% from 3Q 2020). Profit margin: 4.6% (down from 5.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 02
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) missed analyst estimates by 24%. Over the next year, revenue is forecast to grow 2.7%, compared to a 6.6% growth forecast for the Consumer Services industry in Japan. Announcement • Dec 30
Waseda Academy Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021 Waseda Academy Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Announcement • Sep 04
Waseda Academy Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Waseda Academy Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020