Announcement • Apr 29
Komeri Co.,Ltd., Annual General Meeting, Jun 25, 2026 Komeri Co.,Ltd., Annual General Meeting, Jun 25, 2026. Announcement • Apr 21
Komeri Co.,Ltd. to Report Fiscal Year 2026 Results on Apr 28, 2026 Komeri Co.,Ltd. announced that they will report fiscal year 2026 results on Apr 28, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%). Buy Or Sell Opportunity • Jan 29
Now 21% undervalued Over the last 90 days, the stock has risen 1.1% to JP¥3,245. The fair value is estimated to be JP¥4,092, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.3%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to grow by 9.0% in the next 2 years. Announcement • Jan 29
Komeri Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ended March 31, 2026 Komeri Co.,Ltd. provided consolidated earnings guidance for the fiscal year ended March 31, 2026. For the year, the company expects Operating revenue of JPY 391,000 million, Operating profit of JPY 23,500 million, Profit attributable to owners of parent of JPY 14,600 million and basic earnings per of JPY 308.65. Reported Earnings • Jan 28
Third quarter 2026 earnings released: EPS: JP¥75.47 (vs JP¥79.75 in 3Q 2025) Third quarter 2026 results: EPS: JP¥75.47 (down from JP¥79.75 in 3Q 2025). Revenue: JP¥98.0b (up 13% from 3Q 2025). Net income: JP¥3.57b (down 5.6% from 3Q 2025). Profit margin: 3.6% (down from 4.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the Specialty Retail industry in Japan. 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 8% per year, which means it is well ahead of earnings. Announcement • Dec 17
Komeri Co.,Ltd. to Report Q3, 2026 Results on Jan 27, 2026 Komeri Co.,Ltd. announced that they will report Q3, 2026 results on Jan 27, 2026 Declared Dividend • Dec 02
First half dividend of JP¥28.00 announced Shareholders will receive a dividend of JP¥28.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 4.5% 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 17% 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¥73.25 (vs JP¥63.34 in 2Q 2025) Second quarter 2026 results: EPS: JP¥73.25 (up from JP¥63.34 in 2Q 2025). Revenue: JP¥95.8b (up 4.9% from 2Q 2025). Net income: JP¥3.48b (up 16% from 2Q 2025). Profit margin: 3.6% (up from 3.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Oct 28
Komeri Co.,Ltd. (TSE:8218) announces an Equity Buyback for 600,000 shares, representing 1.25% for ¥2,100 million. Komeri Co.,Ltd. (TSE:8218) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.24% of its share capital, for ¥2,100 million. The purpose of the program is to improve capital efficiency and to enable the implementation of a flexible capital policy that responds to changes in the business environment. The program will expire on January 23, 2026. As of September 30, 2025, the company had 47,863,343 shares in issue (excluding treasury stock) and 6,545,825 shares in treasury. Announcement • Sep 25
Komeri Co.,Ltd. to Report Q2, 2026 Results on Oct 28, 2025 Komeri Co.,Ltd. announced that they will report Q2, 2026 results on Oct 28, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.6%). Price Target Changed • Jul 26
Price target increased by 7.6% to JP¥3,550 Up from JP¥3,300, the current price target is an average from 2 analysts. New target price is 15% above last closing price of JP¥3,095. Stock is down 14% over the past year. The company is forecast to post earnings per share of JP¥315 for next year compared to JP¥289 last year. Declared Dividend • Jul 09
Final dividend increased to JP¥28.00 Dividend of JP¥28.00 is 3.7% higher than last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 4.1% 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 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 01
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥289 (up from JP¥286 in FY 2024). Revenue: JP¥379.2b (up 2.3% from FY 2024). Net income: JP¥13.7b (flat on FY 2024). Profit margin: 3.6% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jun 26
Komeri Co.,Ltd. to Report Q1, 2026 Results on Jul 22, 2025 Komeri Co.,Ltd. announced that they will report Q1, 2026 results on Jul 22, 2025 Reported Earnings • Apr 23
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥289 (up from JP¥286 in FY 2024). Revenue: JP¥379.2b (up 2.3% from FY 2024). Net income: JP¥13.7b (flat on FY 2024). Profit margin: 3.6% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Apr 22
Komeri Co.,Ltd., Annual General Meeting, Jun 26, 2025 Komeri Co.,Ltd., Annual General Meeting, Jun 26, 2025. Announcement • Mar 27
Komeri Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2025 Komeri Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Reported Earnings • Jan 30
Third quarter 2025 earnings released: EPS: JP¥79.75 (vs JP¥96.54 in 3Q 2024) Third quarter 2025 results: EPS: JP¥79.75 (down from JP¥96.54 in 3Q 2024). Revenue: JP¥97.3b (up 1.6% from 3Q 2024). Net income: JP¥3.78b (down 18% from 3Q 2024). Profit margin: 3.9% (down from 4.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Jan 30
Komeri Co.,Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2025 Komeri Co.,Ltd. provided consolidated earnings guidance for the year ending March 31, 2025. For the year, the company expects operating revenue of JPY 380,000 million, Operating profit of JPY 22,500 million, Profit attributable to owners of parent of JPY 13,500 million and Earnings per share of JPY 284.52. Declared Dividend • Dec 03
First half dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 4.1% 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 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Oct 29
Price target decreased by 11% to JP¥3,433 Down from JP¥3,850, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥3,300. Stock is up 5.4% over the past year. The company is forecast to post earnings per share of JP¥306 for next year compared to JP¥286 last year. Reported Earnings • Oct 23
Second quarter 2025 earnings released: EPS: JP¥63.34 (vs JP¥75.09 in 2Q 2024) Second quarter 2025 results: EPS: JP¥63.34 (down from JP¥75.09 in 2Q 2024). Revenue: JP¥91.4b (up 1.3% from 2Q 2024). Net income: JP¥3.00b (down 16% from 2Q 2024). Profit margin: 3.3% (down from 4.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.9% to JP¥3,560. The fair value is estimated to be JP¥4,457, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.6%. Revenue is forecast to grow by 4.0% in 2 years. Earnings are forecast to grow by 14% in the next 2 years. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.4%). Announcement • Sep 10
Komeri Co.,Ltd. to Report Q2, 2025 Results on Oct 22, 2024 Komeri Co.,Ltd. announced that they will report Q2, 2025 results on Oct 22, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,105, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,478 per share. Buy Or Sell Opportunity • Aug 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to JP¥3,435. The fair value is estimated to be JP¥4,473, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.6%. Revenue is forecast to grow by 4.1% in 2 years. Earnings are forecast to grow by 14% in the next 2 years. Reported Earnings • Jul 26
First quarter 2025 earnings released: EPS: JP¥138 (vs JP¥117 in 1Q 2024) First quarter 2025 results: EPS: JP¥138 (up from JP¥117 in 1Q 2024). Revenue: JP¥107.4b (up 3.2% from 1Q 2024). Net income: JP¥6.56b (up 16% from 1Q 2024). Profit margin: 6.1% (up from 5.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Declared Dividend • Jul 11
Final dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 4.1% 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 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 28
Komeri Co.,Ltd. to Report Q1, 2025 Results on Jul 23, 2024 Komeri Co.,Ltd. announced that they will report Q1, 2025 results on Jul 23, 2024 Reported Earnings • Jun 26
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: JP¥286 (down from JP¥352 in FY 2023). Revenue: JP¥370.8b (down 2.3% from FY 2023). Net income: JP¥13.7b (down 20% from FY 2023). Profit margin: 3.7% (down from 4.5% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Apr 26
Komeri Co.,Ltd. (TSE:8218) announces an Equity Buyback for 600,000 shares, representing 1.24% for ¥2,000 million. Komeri Co.,Ltd. (TSE:8218) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.24% of its share capital, for ¥2,000 million. The program is aimed at improving capital efficiency, to implement flexible capital policies in response to changes in the business environment. The program will expire on July 19, 2024. As of March 31, 2024, the company had 48,403,448 shares in issue (excluding treasury stock) and 6,005,720 shares in treasury. Announcement • Apr 24
Komeri Co.,Ltd., Annual General Meeting, Jun 21, 2024 Komeri Co.,Ltd., Annual General Meeting, Jun 21, 2024. Reported Earnings • Apr 24
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: JP¥286 (down from JP¥352 in FY 2023). Revenue: JP¥370.8b (down 2.3% from FY 2023). Net income: JP¥13.7b (down 20% from FY 2023). Profit margin: 3.7% (down from 4.5% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 17
Now 21% undervalued Over the last 90 days, the stock has risen 1.7% to JP¥3,355. The fair value is estimated to be JP¥4,245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.8%. Revenue is forecast to grow by 3.0% in 2 years. Earnings are forecast to grow by 11% in the next 2 years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.3%). Announcement • Mar 17
Komeri Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2024 Komeri Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2024 Buy Or Sell Opportunity • Mar 04
Now 21% undervalued Over the last 90 days, the stock has risen 9.4% to JP¥3,360. The fair value is estimated to be JP¥4,275, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.8%. Revenue is forecast to grow by 3.1% in 2 years. Earnings are forecast to grow by 8.3% in the next 2 years. Reported Earnings • Jan 24
Third quarter 2024 earnings released: EPS: JP¥96.54 (vs JP¥101 in 3Q 2023) Third quarter 2024 results: EPS: JP¥96.54 (down from JP¥101 in 3Q 2023). Revenue: JP¥95.8b (down 3.1% from 3Q 2023). Net income: JP¥4.62b (down 5.6% from 3Q 2023). Profit margin: 4.8% (down from 4.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail 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 4% per year, which means it is well ahead of earnings. Announcement • Dec 24
Komeri Co.,Ltd. to Report Q3, 2024 Results on Jan 23, 2024 Komeri Co.,Ltd. announced that they will report Q3, 2024 results on Jan 23, 2024 Price Target Changed • Dec 16
Price target decreased by 9.3% to JP¥3,400 Down from JP¥3,750, the current price target is provided by 1 analyst. New target price is 7.4% above last closing price of JP¥3,165. Stock is up 21% over the past year. The company is forecast to post earnings per share of JP¥285 for next year compared to JP¥352 last year. Reported Earnings • Oct 26
Second quarter 2024 earnings released: EPS: JP¥75.09 (vs JP¥90.37 in 2Q 2023) Second quarter 2024 results: EPS: JP¥75.09 (down from JP¥90.37 in 2Q 2023). Revenue: JP¥90.2b (flat on 2Q 2023). Net income: JP¥3.59b (down 18% from 2Q 2023). Profit margin: 4.0% (down from 4.9% in 2Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year. Announcement • Oct 26
Komeri Co.,Ltd. Provides Earnings Guidance for the Year Ending March 31, 2024 Komeri Co.,Ltd. provided earnings guidance for the year ending March 31, 2024. For the year, the company expects Operating profit of JPY 21,800 million, Profit attributable to owners of parent of JPY 13,600 million and Earnings per share of JPY 283.81. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥26.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Announcement • Sep 15
Komeri Co.,Ltd. to Report Q2, 2024 Results on Oct 24, 2023 Komeri Co.,Ltd. announced that they will report Q2, 2024 results on Oct 24, 2023 Reported Earnings • Jul 26
First quarter 2024 earnings released: EPS: JP¥117 (vs JP¥142 in 1Q 2023) First quarter 2024 results: EPS: JP¥117 (down from JP¥142 in 1Q 2023). Revenue: JP¥104.1b (down 3.3% from 1Q 2023). Net income: JP¥5.65b (down 18% from 1Q 2023). Profit margin: 5.4% (down from 6.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 4% per year. Announcement • May 28
Komeri Co.,Ltd. to Report Q1, 2024 Results on Jul 25, 2023 Komeri Co.,Ltd. announced that they will report Q1, 2024 results on Jul 25, 2023 Reported Earnings • Apr 26
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥352 (down from JP¥360 in FY 2022). Revenue: JP¥379.4b (flat on FY 2022). Net income: JP¥17.1b (down 4.5% from FY 2022). Profit margin: 4.5% (down from 4.8% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Announcement • Feb 01
Komeri Co.,Ltd. Provides Earnings Guidance for the Year Ending March 31, 2023 Komeri Co.,Ltd. provided earnings guidance for the year ending March 31, 2023. For the year, the company expects to report the net sales of JPY 379,000 million, operating profit of JPY 25,700 million, profit attributable to owners of parent of JPY 16,100 million and earnings per share of JPY 331.16. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥101 (vs JP¥103 in 3Q 2022) Third quarter 2023 results: EPS: JP¥101 (down from JP¥103 in 3Q 2022). Revenue: JP¥98.9b (up 1.9% from 3Q 2022). Net income: JP¥4.89b (down 4.3% from 3Q 2022). Profit margin: 4.9% (down from 5.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail 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 only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
Komeri Co.,Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Komeri Co.,Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥90.37 (vs JP¥101 in 2Q 2022) Second quarter 2023 results: EPS: JP¥90.37 (down from JP¥101 in 2Q 2022). Revenue: JP¥90.3b (flat on 2Q 2022). Net income: JP¥4.39b (down 13% from 2Q 2022). Profit margin: 4.9% (down from 5.6% in 2Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail 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 only increased by 4% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 8 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Hiromu Wada was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 27
Second quarter 2023 earnings released: EPS: JP¥90.37 (vs JP¥101 in 2Q 2022) Second quarter 2023 results: EPS: JP¥90.37 (down from JP¥101 in 2Q 2022). Revenue: JP¥90.3b (flat on 2Q 2022). Net income: JP¥4.39b (down 13% from 2Q 2022). Profit margin: 4.9% (down from 5.6% in 2Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail 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 only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Announcement • Sep 01
Komeri Co.,Ltd. to Report Q2, 2023 Results on Oct 25, 2022 Komeri Co.,Ltd. announced that they will report Q2, 2023 results on Oct 25, 2022 Reported Earnings • Jul 27
First quarter 2023 earnings released: EPS: JP¥142 (vs JP¥141 in 1Q 2022) First quarter 2023 results: EPS: JP¥142. Revenue: JP¥107.6b (up 1.1% from 1Q 2022). Net income: JP¥6.92b (down 1.1% from 1Q 2022). Profit margin: 6.4% (down from 6.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.2%, compared to a 7.7% growth forecast for the industry in Japan. Announcement • Jun 12
Komeri Co.,Ltd. to Report Q1, 2023 Results on Jul 26, 2022 Komeri Co.,Ltd. announced that they will report Q1, 2023 results on Jul 26, 2022 Reported Earnings • Apr 28
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥360 (down from JP¥410 in FY 2021). Revenue: JP¥376.1b (down 2.5% from FY 2021). Net income: JP¥17.9b (down 12% from FY 2021). Profit margin: 4.8% (down from 5.3% in FY 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 1.8%, compared to a 7.3% growth forecast for the retail 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 only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Apr 27
Komeri Co.,Ltd. (TSE:8218) announces an Equity Buyback for 560,000 shares, representing 1.12% for ¥1,500 million. Komeri Co.,Ltd. (TSE:8218) announces a share repurchase program. Under the program, the company will repurchase up to 560,000 shares, representing 1.12% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,500 million. The purpose of the program is to improve capital efficiency and enable the execution of agile capital policies in response to changes in the business environment. The program will continue through June 23, 2022. As of March 31, 2022, the company had 49,850,924 issued shares (excluding treasury stock) and 4,558,244treasury shares. Price Target Changed • Apr 27
Price target increased to JP¥3,700 Up from JP¥3,400, the current price target is an average from 3 analysts. New target price is 39% above last closing price of JP¥2,657. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of JP¥345 for next year compared to JP¥410 last year. 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. 7 highly experienced directors. No independent directors (9 non-independent directors). General Manager of Store Planning Division, Executive Officer & Director Naoshi Hosaka was the last director to join the board, commencing their role in 2014. 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 08
Komeri Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 26, 2022 Komeri Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 26, 2022 Price Target Changed • Mar 31
Price target increased to JP¥3,700 Up from JP¥3,400, the current price target is an average from 3 analysts. New target price is 41% above last closing price of JP¥2,629. Stock is down 13% over the past year. The company is forecast to post earnings per share of JP¥345 for next year compared to JP¥410 last year. Buying Opportunity • Mar 24
Now 20% undervalued Over the last 90 days, the stock is up 4.7%. The fair value is estimated to be JP¥3,347, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years.