Announcement • Jun 20
Prestige International Inc. Announces Management Changes, Effective July 1, 2026 Prestige International Inc. announced changes to its executive officers as effective July 1, 2026, as decided at the board of directors meeting held on June 19, 2026. Makoto Sato retired as Executive Officer and General Manager, Aranmare Sports 1st Division, and was appointed as Representative Director of Aranmare Inc., effective July 1, 2026. Toshiaki Seki was appointed as Chief Governance Officer and Group CGO. Shinichi Tamagami was appointed as Representative Director and also appointed as Executive Manager, DX Promotion Headquarters. Tateki Nakamura was appointed as Managing Executive Officer and Executive Manager, Strategic Planning Headquarters, and President, Prestige Core Solution inc. Hiroshi Akai was appointed as Managing Executive Officer, Executive Manager, BPO Management Headquarters, and Executive Manager, Group Corporate Administration Headquarters. Hiroaki Ishibashi was appointed as Senior Executive Officer in charge of the BPO Business Development. Nao Yoshida was appointed as Senior Executive Officer in charge of the Global Business Development and President, Prestige Global Solution inc. Makoto Takahashi was appointed as Executive Officer in charge of the BPO Business Development. Ryuji Otajiri was appointed as Executive Officer and Associate Executive Manager, DX Promotion Headquarters. Yasuhisa Kaneko was appointed as Executive Officer, Associate Executive Manager, DX Promotion Headquarters, and General Manager, BPO Management Division, BPO Management Headquarters. Haruna Sato was appointed as Executive Officer in charge of the Overseas BPO Services and Head of Akita BPO Nikaho Campus. Teruko Mori was appointed as Executive Officer in charge of the Global Governance and Director & President, Prestige International (HK) CO., Limited. Reported Earnings • May 15
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥46.97 (up from JP¥38.28 in FY 2025). Revenue: JP¥70.9b (up 11% from FY 2025). Net income: JP¥5.92b (up 22% from FY 2025). Profit margin: 8.3% (up from 7.6% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Announcement • May 13
Prestige International Inc., Annual General Meeting, Jun 25, 2026 Prestige International Inc., Annual General Meeting, Jun 25, 2026. Announcement • Apr 21
Tokio Marine & Nichido Fire Insurance Co., Ltd. entered into a stock transfer agreement to acquire 33.40% stake in Premier Aid Co., Ltd from Prestige International Inc. (TSE:4290). Tokio Marine & Nichido Fire Insurance Co., Ltd. entered into a stock transfer agreement to acquire 33.40% stake in Premier Aid Co., Ltd from Prestige International Inc. (TSE:4290) on April 14, 2026. In separate transaction, Tokio Marine & Nichido also entered into a capital and business alliance agreement with PAD Corporation. Announcement • Mar 25
Prestige International Inc. to Report Fiscal Year 2026 Results on May 13, 2026 Prestige International Inc. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: JP¥12.16 (vs JP¥11.27 in 3Q 2025) Third quarter 2026 results: EPS: JP¥12.16 (up from JP¥11.27 in 3Q 2025). Revenue: JP¥18.2b (up 8.3% from 3Q 2025). Net income: JP¥1.53b (up 6.7% from 3Q 2025). Profit margin: 8.4% (down from 8.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Announcement • Jan 07
Prestige International Inc. to Report Q3, 2026 Results on Jan 29, 2026 Prestige International Inc. announced that they will report Q3, 2026 results on Jan 29, 2026 Declared Dividend • Dec 09
First half dividend of JP¥13.00 announced Shareholders will receive a dividend of JP¥13.00. Ex-date: 30th March 2026 Payment date: 10th June 2026 Dividend yield will be 3.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. 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 • Oct 30
Second quarter 2026 earnings released: EPS: JP¥13.05 (vs JP¥11.35 in 2Q 2025) Second quarter 2026 results: EPS: JP¥13.05 (up from JP¥11.35 in 2Q 2025). Revenue: JP¥17.7b (up 12% from 2Q 2025). Net income: JP¥1.65b (up 14% from 2Q 2025). Profit margin: 9.3% (up from 9.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year. Announcement • Oct 29
Prestige International Inc. (TSE:4290) announces an Equity Buyback for 1,450,000 shares, representing 1.15% for ¥1,000 million. Prestige International Inc. (TSE:4290) announces a share repurchase program. Under the program, the company will repurchase up to 1,450,000 shares, representing 1.15% of its issued share capital, for ¥1,000 million. The purpose of the program is return of profits to shareholders. The program is valid till March 24, 2026. As of September 30, 2025, there are 126,174,677 outstanding shares (excluding treasury stock) and 1,001,623 treasury shares. Announcement • Sep 29
Prestige International Inc. to Report Q2, 2026 Results on Oct 29, 2025 Prestige International Inc. announced that they will report Q2, 2026 results on Oct 29, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Jul 30
First quarter 2026 earnings released: EPS: JP¥7.99 (vs JP¥8.76 in 1Q 2025) First quarter 2026 results: EPS: JP¥7.99 (down from JP¥8.76 in 1Q 2025). Revenue: JP¥16.7b (up 8.7% from 1Q 2025). Net income: JP¥1.01b (down 9.2% from 1Q 2025). Profit margin: 6.1% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Declared Dividend • Jul 09
Final dividend of JP¥13.00 announced Shareholders will receive a dividend of JP¥13.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 4.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 07
Prestige International Inc. to Report Q1, 2026 Results on Jul 29, 2025 Prestige International Inc. announced that they will report Q1, 2026 results on Jul 29, 2025 Reported Earnings • Jun 27
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥38.28 (down from JP¥45.33 in FY 2024). Revenue: JP¥63.7b (up 8.5% from FY 2024). Net income: JP¥4.87b (down 16% from FY 2024). Profit margin: 7.6% (down from 9.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.9%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Japan. 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 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 10
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥38.28 (down from JP¥45.33 in FY 2024). Revenue: JP¥63.7b (up 8.5% from FY 2024). Net income: JP¥4.87b (down 16% from FY 2024). Profit margin: 7.6% (down from 9.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.9%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year. Announcement • May 09
Prestige International Inc., Annual General Meeting, Jun 24, 2025 Prestige International Inc., Annual General Meeting, Jun 24, 2025. Announcement • Apr 05
Prestige International Inc. to Report Fiscal Year 2025 Results on May 09, 2025 Prestige International Inc. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on May 09, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 12 June 2025. Payout ratio is a comfortable 41% and the cash payout ratio is 84%. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Reported Earnings • Jan 30
Third quarter 2025 earnings released: EPS: JP¥11.27 (vs JP¥11.73 in 3Q 2024) Third quarter 2025 results: EPS: JP¥11.27 (down from JP¥11.73 in 3Q 2024). Revenue: JP¥16.8b (up 12% from 3Q 2024). Net income: JP¥1.43b (down 4.2% from 3Q 2024). Profit margin: 8.5% (down from 10.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jan 10
Prestige International Inc. to Report Q3, 2025 Results on Jan 29, 2025 Prestige International Inc. announced that they will report Q3, 2025 results on Jan 29, 2025 Declared Dividend • Dec 10
First half dividend of JP¥12.00 announced Shareholders will receive a dividend of JP¥12.00. Ex-date: 28th March 2025 Payment date: 12th June 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (13% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 19
Prestige International Inc. (TSE:4290) announces an Equity Buyback for 750,000 shares, representing 0.59% for ¥500 million. Prestige International Inc. (TSE:4290) announces a share repurchase program. Under the program, the company will repurchase up to 750,000 shares, representing 0.59% of its issued share capital, for ¥ 500 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program is valid till February 15, 2025. As of September 30, 2024, there are 127,533,477 outstanding shares (excluding treasury stock) and 1,142,823 treasury shares. Reported Earnings • Oct 31
Second quarter 2025 earnings released: EPS: JP¥11.35 (vs JP¥10.02 in 2Q 2024) Second quarter 2025 results: EPS: JP¥11.35 (up from JP¥10.02 in 2Q 2024). Revenue: JP¥15.7b (up 5.9% from 2Q 2024). Net income: JP¥1.45b (up 13% from 2Q 2024). Profit margin: 9.2% (up from 8.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Oct 01
Prestige International Inc. to Report Q2, 2025 Results on Oct 29, 2024 Prestige International Inc. announced that they will report Q2, 2025 results on Oct 29, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%). Reported Earnings • Jul 28
First quarter 2025 earnings released: EPS: JP¥6.16 (vs JP¥8.39 in 1Q 2024) First quarter 2025 results: EPS: JP¥6.16 (down from JP¥8.39 in 1Q 2024). Revenue: JP¥15.0b (up 8.1% from 1Q 2024). Net income: JP¥785.0m (down 27% from 1Q 2024). Profit margin: 5.2% (down from 7.7% in 1Q 2024). 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 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 26
Price target increased by 10% to JP¥925 Up from JP¥840, the current price target is an average from 4 analysts. New target price is 29% above last closing price of JP¥717. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥42.98 for next year compared to JP¥45.33 last year. Declared Dividend • Jul 11
Final dividend of JP¥12.00 announced Shareholders will receive a dividend of JP¥12.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 08
Prestige International Inc. to Report Q1, 2025 Results on Jul 26, 2024 Prestige International Inc. announced that they will report Q1, 2025 results on Jul 26, 2024 Reported Earnings • May 12
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥45.33 (up from JP¥41.62 in FY 2023). Revenue: JP¥58.7b (up 7.7% from FY 2023). Net income: JP¥5.79b (up 8.9% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Commercial 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 remained flat, which means it is significantly lagging earnings. Announcement • May 12
Prestige International Inc., Annual General Meeting, Jun 26, 2024 Prestige International Inc., Annual General Meeting, Jun 26, 2024. Announcement • Apr 05
Prestige International Inc. to Report Fiscal Year 2024 Results on May 10, 2024 Prestige International Inc. announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.8%). Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: JP¥11.73 (vs JP¥10.19 in 3Q 2023) Third quarter 2024 results: EPS: JP¥11.73 (up from JP¥10.19 in 3Q 2023). Revenue: JP¥15.0b (up 5.0% from 3Q 2023). Net income: JP¥1.50b (up 15% from 3Q 2023). Profit margin: 10.0% (in line with 3Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jan 09
Prestige International Inc. to Report Q3, 2024 Results on Jan 29, 2024 Prestige International Inc. announced that they will report Q3, 2024 results on Jan 29, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: JP¥10.02 (vs JP¥10.64 in 2Q 2023) Second quarter 2024 results: EPS: JP¥10.02 (down from JP¥10.64 in 2Q 2023). Revenue: JP¥14.8b (up 9.4% from 2Q 2023). Net income: JP¥1.28b (down 5.5% from 2Q 2023). Profit margin: 8.6% (down from 10.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Oct 28
Prestige International Inc. (TSE:4290) announces an Equity Buyback for 800,000 shares, representing 0.62% for ¥500 million. Prestige International Inc. (TSE:4290) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 0.62% of its issued share capital for ¥500 million. The purpose of the program is to return profits to shareholders, based on the medium-term business plan for the fiscal year ending March 31, 2022, to achieve a total return ration of 30% or more. The program is valid till January 12, 2024. As of September 30, 2023, the company had 128,095,592 shares issued and outstanding (excluding treasury shares) and 580,708 shares in treasury. Announcement • Oct 08
Prestige International Inc. to Report Q2, 2024 Results on Oct 27, 2023 Prestige International Inc. announced that they will report Q2, 2024 results on Oct 27, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥6.00 per share at 1.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.9%). Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥8.39 (vs JP¥8.62 in 1Q 2023) First quarter 2024 results: EPS: JP¥8.39 (down from JP¥8.62 in 1Q 2023). Revenue: JP¥13.9b (up 10% from 1Q 2023). Net income: JP¥1.07b (down 2.4% from 1Q 2023). Profit margin: 7.7% (down from 8.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Buying Opportunity • Jul 20
Now 20% undervalued Over the last 90 days, the stock is up 2.1%. The fair value is estimated to be JP¥746, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 5.6% per annum over the same time period. Buying Opportunity • Jul 05
Now 21% undervalued Over the last 90 days, the stock is up 3.7%. The fair value is estimated to be JP¥747, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 5.6% per annum over the same time period. Price Target Changed • Jun 21
Price target increased by 12% to JP¥1,050 Up from JP¥937, the current price target is an average from 2 analysts. New target price is 56% above last closing price of JP¥675. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥41.40 for next year compared to JP¥41.62 last year. Buying Opportunity • May 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.5%. The fair value is estimated to be JP¥771, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings is also forecast to grow by 5.0% per annum over the same time period. Reported Earnings • May 16
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥41.62 (up from JP¥34.02 in FY 2022). Revenue: JP¥54.6b (up 17% from FY 2022). Net income: JP¥5.32b (up 22% from FY 2022). Profit margin: 9.7% (in line with FY 2022). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.9%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. 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. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥6.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.2%). Buying Opportunity • Mar 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥781, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 16% in the next 2 years. Announcement • Feb 17
Prestige International Inc. Provides Dividend Guidance for the Fiscal Year Ending March 2023 Prestige International Inc. provided dividend guidance for the fiscal year ending March 2023. For the year ending, the company expects to pay the dividend of JPY 6.00 per share against JPY 4.45 a year ago. Reported Earnings • Jan 28
Third quarter 2023 earnings released: EPS: JP¥10.19 (vs JP¥9.93 in 3Q 2022) Third quarter 2023 results: EPS: JP¥10.19 (up from JP¥9.93 in 3Q 2022). Revenue: JP¥14.3b (up 19% from 3Q 2022). Net income: JP¥1.30b (up 2.4% from 3Q 2022). Profit margin: 9.1% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Commercial 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 fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jan 11
Prestige International Inc. to Report Q3, 2023 Results on Jan 27, 2023 Prestige International Inc. announced that they will report Q3, 2023 results on Jan 27, 2023 Buying Opportunity • Dec 07
Now 21% undervalued Over the last 90 days, the stock is up 2.1%. The fair value is estimated to be JP¥870, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings is also forecast to grow by 8.3% per annum over the same time period. 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 Outside Director Yoshikazu Hattori was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥10.64 (vs JP¥8.16 in 2Q 2022) Second quarter 2023 results: EPS: JP¥10.64 (up from JP¥8.16 in 2Q 2022). Revenue: JP¥13.6b (up 17% from 2Q 2022). Net income: JP¥1.36b (up 30% from 2Q 2022). Profit margin: 10.0% (up from 9.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Oct 29
Prestige International Inc. Declares Dividend for the Second Quarter Ended September 30, 2022, Payable on December 5, 2022 Prestige International Inc. declared dividend of JPY 5 per share for the second quarter ended September 30, 2022, payable on December 5, 2022. Announcement • Oct 08
Prestige International Inc. to Report Q2, 2023 Results on Oct 28, 2022 Prestige International Inc. announced that they will report Q2, 2023 results on Oct 28, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥4.50 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.3%). Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥8.62 (vs JP¥6.30 in 1Q 2022) First quarter 2023 results: EPS: JP¥8.62 (up from JP¥6.30 in 1Q 2022). Revenue: JP¥12.6b (up 18% from 1Q 2022). Net income: JP¥1.10b (up 36% from 1Q 2022). Profit margin: 8.7% (up from 7.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.5%, compared to a 5.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Prestige International Inc. to Report Q1, 2023 Results on Jul 29, 2022 Prestige International Inc. announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 16
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥34.02 (up from JP¥23.18 in FY 2021). Revenue: JP¥46.7b (up 15% from FY 2021). Net income: JP¥4.36b (up 47% from FY 2021). Profit margin: 9.3% (up from 7.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 9.3%. Over the next year, revenue is forecast to grow 7.9%, compared to a 2.2% growth forecast for the industry in Japan. 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 7% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. No independent directors (6 non-independent directors). External Director Shiro Hayashi was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 15
Prestige International Inc. to Report Fiscal Year 2022 Results on May 13, 2022 Prestige International Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Buying Opportunity • Apr 07
Now 23% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥887, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 24% in the next 2 years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.1%).