JICHODO Reports Record Earnings for Fiscal Year 2023 Third Quarter
May 25, 2023
Earnings Overview
JICHODO ($TSE:3597) reported their total revenue of JPY 3680.5 million and net income of JPY 497.6 million for the third quarter of their fiscal year 2023, ending March 31 2023, on May 15 2023; both figures representing an increase of 7.9% and 9.5%, respectively, compared to the same period in the previous year.
Stock Price
On Monday, JICHODO announced record earnings for the fiscal year 2023 third quarter. JICHODO’s stock opened at JP¥7340.0 and closed at JP¥7210.0, representing a 0.1% increase from its previous closing price of JP¥7200.0. This marked a new record high for the company, as well as an overall positive market sentiment towards the company’s performance. The report showed that JICHODO has been able to successfully increase its yield and customer base, while also expanding its product range and services.
Furthermore, the company has been able to maintain a healthy balance sheet, with a low level of debt and consistent cash flow. Overall, JICHODO’s strong performance in the fiscal year 2023 third quarter serves as a testament to the company’s ability to successfully implement new strategies and capitalize on opportunities. The company will undoubtedly continue to experience growth in the future, as its financial and operational results continue to impress investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jichodo. More…
| Total Revenues | Net Income | Net Margin |
| 17.92k | 2.77k | 12.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jichodo. More…
| Operations | Investing | Financing |
| 1.62k | 1.25k | -1.87k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jichodo. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 39.97k | 4.28k | 12.38k |
Key Ratios Snapshot
Some of the financial key ratios for Jichodo are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.6% | 8.9% | 13.0% |
| FCF Margin | ROE | ROA |
| 8.9% | 4.1% | 3.6% |
Analysis
At GoodWhale, we’ve conducted an analysis of JICHODO‘s wellbeing and have found it to be a medium risk investment in terms of financial and business aspects. Our Risk Rating for JICHODO’s financial health shows that there is potential for some risks with this investment. We have detected two risk warnings in the income and balance sheets. These warnings suggest that there may be potential issues that should be investigated further before investing. We encourage investors to register with us so that they can have access to our detailed analysis and discover the potential risks associated with investing in JICHODO. More…
Peers
Jichodo Co Ltd is in fierce competition with its rivals in the industry: Atsugi Co Ltd, Yamaki Co Ltd, and Moonbat Co Ltd. With each company striving to gain a competitive edge, the battle for market share has become increasingly intense in recent years.
– Atsugi Co Ltd ($TSE:3529)
Atsugi Co Ltd is a Japanese company that offers products and services in the precision machining, metalworking, and automotive industries. It has a market cap of 6.43 billion, as of 2023, which reflects how well the company is performing financially. The company’s Return on Equity (ROE) is -3.32%, indicating that the company has not been able to generate profits from its capital investments. Despite some challenges, Atsugi Co Ltd has been able to remain competitive in its industry, offering high-quality products and services that meet the needs of its customers.
– Yamaki Co Ltd ($TSE:3598)
Yamaki Co Ltd is a global food production and distribution company, headquartered in Tokyo, Japan. Its market cap as of 2023 stands at 1.96 billion. This value is a measure of the company’s size and reflects its total value on the stock market. However, its Return on Equity (ROE) of -7.24% is rather low, indicating that the company may not be making the most efficient use of its resources to generate returns for its investors. This could be an area of improvement that should be addressed by the company’s management.
– Moonbat Co Ltd ($TSE:8115)
Moonbat Co Ltd is a technology company that specializes in providing cloud-based services and infrastructure. The company has a market cap of 2.36 billion as of 2023, a Return on Equity (ROE) of 2.66%. Moonbat Co Ltd’s market cap of 2.36 billion reflects the value of the company, and its ROE of 2.66% indicates that the company is able to generate a return from its equity investments. Moonbat Co Ltd’s strong ROE suggests that the company is able to generate a return from its equity investments, which can be used to reinvest in the company and further grow the business.
Summary
JICHODO reported positive financial results for the third quarter of 2023, with total revenue increasing by 7.9% year-over-year to JPY 3680.5 million and net income rising by 9.5% to JPY 497.6 million. This indicates strong growth for the company and creates a positive outlook for investors. The company has shown its ability to generate profits and growth in the competitive market, making it a good investment option for those looking for value and returns. Investors should keep an eye on JICHODO’s progress and potential upside in the coming quarters.
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