Board Change • Jun 26
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Chizu Sekine was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Jun 03
Chori Co., Ltd. to Report Q1, 2027 Results on Jul 30, 2026 Chori Co., Ltd. announced that they will report Q1, 2027 results on Jul 30, 2026 Announcement • Apr 29
Chori Co., Ltd., Annual General Meeting, Jun 18, 2026 Chori Co., Ltd., Annual General Meeting, Jun 18, 2026. Announcement • Apr 21
Chori Co., Ltd. to Report Fiscal Year 2026 Results on Apr 28, 2026 Chori Co., Ltd. announced that they will report fiscal year 2026 results on Apr 28, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥72.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥101 (vs JP¥84.60 in 3Q 2025) Third quarter 2026 results: EPS: JP¥101 (up from JP¥84.60 in 3Q 2025). Revenue: JP¥76.6b (up 1.1% from 3Q 2025). Net income: JP¥2.49b (up 19% from 3Q 2025). Profit margin: 3.2% (up from 2.8% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 16
Chori Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026 Chori Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026 New Risk • Dec 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Declared Dividend • Dec 02
First half dividend of JP¥72.00 announced Shareholders will receive a dividend of JP¥72.00. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥106 (vs JP¥117 in 2Q 2025) Second quarter 2026 results: EPS: JP¥106 (down from JP¥117 in 2Q 2025). Revenue: JP¥73.4b (down 5.3% from 2Q 2025). Net income: JP¥2.61b (down 9.5% from 2Q 2025). Profit margin: 3.6% (down from 3.7% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥72.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 35% and the cash payout ratio is 83%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%). Announcement • Sep 18
Chori Co., Ltd. to Report Q2, 2026 Results on Oct 30, 2025 Chori Co., Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025 Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: JP¥102 (vs JP¥143 in 1Q 2025) First quarter 2026 results: EPS: JP¥102 (down from JP¥143 in 1Q 2025). Revenue: JP¥71.6b (down 7.3% from 1Q 2025). Net income: JP¥2.51b (down 29% from 1Q 2025). Profit margin: 3.5% (down from 4.6% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥72.00 announced Shareholders will receive a dividend of JP¥72.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 10
Chori Co., Ltd. to Report Q1, 2026 Results on Jul 30, 2025 Chori Co., Ltd. announced that they will report Q1, 2026 results on Jul 30, 2025 New Risk • May 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: JP¥473 (vs JP¥391 in FY 2024) Full year 2025 results: EPS: JP¥473 (up from JP¥391 in FY 2024). Revenue: JP¥311.5b (up 1.3% from FY 2024). Net income: JP¥11.7b (up 21% from FY 2024). Profit margin: 3.7% (up from 3.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year. Announcement • Apr 28
Chori Co., Ltd., Annual General Meeting, Jun 20, 2025 Chori Co., Ltd., Annual General Meeting, Jun 20, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,521, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 62% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥61.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 03 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%). Announcement • Mar 14
Chori Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2025 Chori Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥84.60 (vs JP¥124 in 3Q 2024) Third quarter 2025 results: EPS: JP¥84.60 (down from JP¥124 in 3Q 2024). Revenue: JP¥75.8b (down 5.8% from 3Q 2024). Net income: JP¥2.09b (down 32% from 3Q 2024). Profit margin: 2.8% (down from 3.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 25% per year. Announcement • Dec 04
Chori Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Chori Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Dec 03
First half dividend of JP¥61.00 announced Shareholders will receive a dividend of JP¥61.00. Ex-date: 28th March 2025 Payment date: 3rd June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 31
Second quarter 2025 earnings released: EPS: JP¥117 (vs JP¥114 in 2Q 2024) Second quarter 2025 results: EPS: JP¥117 (up from JP¥114 in 2Q 2024). Revenue: JP¥77.5b (flat on 2Q 2024). Net income: JP¥2.88b (up 2.7% from 2Q 2024). Profit margin: 3.7% (up from 3.6% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥61.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.3%). Announcement • Aug 28
Chori Co., Ltd. to Report Q2, 2025 Results on Oct 29, 2024 Chori Co., Ltd. announced that they will report Q2, 2025 results on Oct 29, 2024 Board Change • Aug 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hiroko Noda was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥2,996, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 76% over the past three years. Reported Earnings • Jul 28
First quarter 2025 earnings released: EPS: JP¥169 (vs JP¥90.06 in 1Q 2024) First quarter 2025 results: EPS: JP¥169 (up from JP¥90.06 in 1Q 2024). Revenue: JP¥77.0b (up 1.6% from 1Q 2024). Net income: JP¥4.16b (up 88% from 1Q 2024). Profit margin: 5.4% (up from 2.9% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year. Declared Dividend • Jul 11
Final dividend of JP¥61.00 announced Shareholders will receive a dividend of JP¥61.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 23
Full year 2024 earnings released: EPS: JP¥391 (vs JP¥330 in FY 2023) Full year 2024 results: EPS: JP¥391 (up from JP¥330 in FY 2023). Revenue: JP¥307.7b (down 6.6% from FY 2023). Net income: JP¥9.62b (up 19% from FY 2023). Profit margin: 3.1% (up from 2.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year. Announcement • Jun 14
Chori Co., Ltd. to Report Q1, 2025 Results on Jul 26, 2024 Chori Co., Ltd. announced that they will report Q1, 2025 results on Jul 26, 2024 Announcement • May 09
Chori Co., Ltd. Announces Management Retirements CHORI CO., LTD. announced that it resolved changes in representative directors, directors and executive officers as the date of record following passage of a resolution by the Board of Directors at a meeting held on May 8, 2024. Retiring Representative Director: Kazuo Sakihama: (Current: President, CEO & COO, President and Executive Officer). Mr. Kazuo Sakihama will retire from the Board of Directors and be appointed as Corporate Advisor to President. Retiring Directors: Kazuo Sakihama: (Current: President, CEO & COO, President and Executive Officer), Kazuhiko Shuto: (Current: Director Toray Industries Inc. Executive Vice President), Hiroko Noda: (To be appointed as Audit & Supervisory Committee Member of the Company (Outside Director (Independent Director))). Retiring Executive Officers: Kazuo Sakihama, (Current: President and Executive Officer). Satoshi Shiragami, (Current: Executive Officer). Reported Earnings • Apr 28
Full year 2024 earnings released: EPS: JP¥391 (vs JP¥330 in FY 2023) Full year 2024 results: EPS: JP¥391 (up from JP¥330 in FY 2023). Revenue: JP¥307.7b (down 6.6% from FY 2023). Net income: JP¥9.62b (up 19% from FY 2023). Profit margin: 3.1% (up from 2.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year and the company’s share price has also increased by 31% per year. Announcement • Apr 28
Chori Co., Ltd., Annual General Meeting, Jun 18, 2024 Chori Co., Ltd., Annual General Meeting, Jun 18, 2024. Announcement • Apr 27
Chori Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 3, 2024 Chori Co., Ltd. announced at the Board of Directors at a meeting held on April 26, 2024, dividend of JPY 60.00 per share for the fiscal year ended March 31, 2024 as compared to paid dividend of JPY 55.00 per share a year ago. Total dividend is JPY 1,486 million, date of record is March 31, 2024, effective date is June 3, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥58.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.4%). Announcement • Mar 14
Chori Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024 Chori Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024 Announcement • Feb 02
Chori Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2024 Chori Co., Ltd. revised consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expected net sales to be JPY 310,000 million as compared to previous guidance of JPY 340,000 million, operating profit to be JPY 14,200 million, profit attributable to owners of parent to be JPY 9,400 million and net profit per share to be JPY 382. Announcement • Nov 29
Chori Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Chori Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: JP¥114 (vs JP¥101 in 2Q 2023) Second quarter 2024 results: EPS: JP¥114 (up from JP¥101 in 2Q 2023). Revenue: JP¥77.1b (down 11% from 2Q 2023). Net income: JP¥2.80b (up 13% from 2Q 2023). Profit margin: 3.6% (up from 2.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Oct 29
Chori Co., Ltd. Announces Second Quarter Dividend for the Fiscal Year 2024, Commences Dividend Payments on December 1, 2023 Chori Co., Ltd. announced second quarter dividend of JPY 58.00 for the fiscal year 2024. Scheduled date to commences dividend payments on December 1, 2023. Announcement • Sep 21
Chori Co., Ltd. to Report Q2, 2024 Results on Oct 27, 2023 Chori Co., Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥58.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.8%). Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥90.06 (vs JP¥93.38 in 1Q 2023) First quarter 2024 results: EPS: JP¥90.06 (down from JP¥93.38 in 1Q 2023). Revenue: JP¥75.8b (down 7.5% from 1Q 2023). Net income: JP¥2.22b (down 3.6% from 1Q 2023). Profit margin: 2.9% (up from 2.8% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 21
Full year 2023 earnings released: EPS: JP¥330 (vs JP¥277 in FY 2022) Full year 2023 results: EPS: JP¥330 (up from JP¥277 in FY 2022). Revenue: JP¥329.4b (up 16% from FY 2022). Net income: JP¥8.12b (up 19% from FY 2022). Profit margin: 2.5% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Jun 02
Chori Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023 Chori Co., Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: JP¥330 (vs JP¥277 in FY 2022) Full year 2023 results: EPS: JP¥330 (up from JP¥277 in FY 2022). Revenue: JP¥329.4b (up 16% from FY 2022). Net income: JP¥8.12b (up 19% from FY 2022). Profit margin: 2.5% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share at 4.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.8%). Reported Earnings • Jan 28
Third quarter 2023 earnings released: EPS: JP¥112 (vs JP¥75.75 in 3Q 2022) Third quarter 2023 results: EPS: JP¥112 (up from JP¥75.75 in 3Q 2022). Revenue: JP¥86.9b (up 15% from 3Q 2022). Net income: JP¥2.76b (up 48% from 3Q 2022). Profit margin: 3.2% (up from 2.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
Chori Co., Ltd. to Report Q3, 2023 Results on Jan 27, 2023 Chori Co., Ltd. announced that they will report Q3, 2023 results on Jan 27, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Hiroko Noda was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 10
Chori Co., Ltd. Announces Dividend for the Second Quarter Ended September 30, 2022, Payable on December 1, 2022; Provides Dividend Guidance for the Ending March 31, 2023 Chori Co., Ltd. announced a dividend of ¥50.00 per share for the second quarter against ¥42.00 per share paid a year ago. Scheduled date of commencing dividend payments: December 1, 2022.For the year ending March 31, 2023, the company expects a dividend of ¥50.00 per share against ¥42.00 per share paid a year ago. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥101 (vs JP¥69.90 in 2Q 2022) Second quarter 2023 results: EPS: JP¥101 (up from JP¥69.90 in 2Q 2022). Revenue: JP¥86.6b (up 25% from 2Q 2022). Net income: JP¥2.49b (up 45% from 2Q 2022). Profit margin: 2.9% (up from 2.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.6%). Announcement • Aug 28
Chori Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022 Chori Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022 Reported Earnings • Jul 27
First quarter 2023 earnings released: EPS: JP¥93.38 (vs JP¥92.15 in 1Q 2022) First quarter 2023 results: EPS: JP¥93.38 (up from JP¥92.15 in 1Q 2022). Revenue: JP¥81.9b (up 35% from 1Q 2022). Net income: JP¥2.30b (up 1.4% from 1Q 2022). Profit margin: 2.8% (down from 3.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Jun 22
Full year 2022 earnings released: EPS: JP¥277 (vs JP¥50.72 in FY 2021) Full year 2022 results: EPS: JP¥277 (up from JP¥50.72 in FY 2021). Revenue: JP¥284.1b (up 31% from FY 2021). Net income: JP¥6.81b (up 446% from FY 2021). Profit margin: 2.4% (up from 0.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • May 25
Chori Co., Ltd. to Report Q1, 2023 Results on Jul 26, 2022 Chori Co., Ltd. announced that they will report Q1, 2023 results on Jul 26, 2022 Announcement • May 02
Chori Co., Ltd., Annual General Meeting, Jun 16, 2022 Chori Co., Ltd., Annual General Meeting, Jun 16, 2022. Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥277 (vs JP¥50.72 in FY 2021) Full year 2022 results: EPS: JP¥277 (up from JP¥50.72 in FY 2021). Revenue: JP¥284.1b (up 31% from FY 2021). Net income: JP¥6.81b (up 446% from FY 2021). Profit margin: 2.4% (up from 0.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Hiromasa Suzuki was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Chori Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022 Chori Co., Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥42.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 11% and the cash payout ratio is 76%. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.4%). Reported Earnings • Jan 28
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥75.75 (up from JP¥65.26 in 3Q 2021). Revenue: JP¥75.8b (up 37% from 3Q 2021). Net income: JP¥1.86b (up 16% from 3Q 2021). Profit margin: 2.5% (down from 2.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Oct 27
Second quarter 2022 earnings released: EPS JP¥69.90 (vs JP¥58.79 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥69.4b (up 31% from 2Q 2021). Net income: JP¥1.72b (up 19% from 2Q 2021). Profit margin: 2.5% (down from 2.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥42.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (3.4%).