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Wellco Holdings Corporation

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Recent & upcoming events

Sep 11
Earnings 2:00
Q3 earnings announcement (scheduled)
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Jun 12
Earnings 2:00
Q2 earnings announcement (scheduled)
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Mar 13
Earnings 2:00
Q1 earnings announcement (scheduled)
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Jan 27
Shareholder meeting Time TBD
Shareholders' meeting
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2025
Dec 15
Earnings 1:00
FY earnings announcement (scheduled)
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Oct 27
Est.
Dividend Time TBD
Last day with rights (year-end)
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Oct 28
Est.
Ex-dividend Time TBD
Ex-rights date (year-end)
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Dec 11
Est.
Earnings 1:00 approx.
Full-year earnings
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2027
Mar 12
Est.
Earnings 1:00 approx.
Q1 earnings
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Apr 26
Est.
Dividend Time TBD
Last day with rights (interim)
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Apr 27
Est.
Ex-dividend Time TBD
Ex-rights date (interim)
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Jun 11
Est.
Earnings 2:00 approx.
Q2 earnings
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Sep 10
Est.
Earnings 2:00 approx.
Q3 earnings
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KPI highlights

FY25
Revenue ¥8.48B YoY -1.4%
Operating income ¥-623M margin -7.3%
Net income ¥-948M YoY
EPS ¥-40 YoY
P/E
ROE -38.0% Equity ratio 18% Typical equity ratios vary a lot by industry. Banks, brokerages, and other financial companies tend to run lower ratios because leverage (using other people's capital) is core to their business model — a low ratio there isn't a sign of financial weakness.

Company guidance

FY2026/10 Company-issued full-year guidance (from earnings report) / %=vs prior FY
Revenue ¥8.50B +0.3%
Operating income ¥-400M
Net income ¥30M
EPS ¥2

Quarterly fundamentals

Income & cash flow
Quarter FY23 Q1FY23 Q2FY23 Q3FY23 Q4FY24 Q1FY24 Q2
Revenue ¥2.32B¥2.45B¥1.95B¥2.10B¥2.14B¥2.35B
Operating income ¥-48M¥55M¥-45M¥-177M¥-47M¥88M
Net income ¥-42M¥42M¥-44M¥-183M¥-39M¥-96M
Operating CF

Ownership over time

Share of total shares outstanding (disclosed major holdings + undisclosed)(2020–2025)

創業家 19.3%事業法人 11.6%国内機関 4.6%個人 10.3%未開示 54.1%202020212022202320242025
創業家事業法人国内機関個人未開示・浮動株

「国内機関」は信託銀行の名義口座(年金・パッシブ・一部海外資本を含む)を集計し、実質保有者へは分解していません。分類は開示名称からの推定です。

Top shareholders — rank & share

有限会社わかさ屋 19.3%有限会社わかさ屋株式会社桂紙業 6.4%株式会社桂紙業株式会社北國銀行 4.6%株式会社北國銀行大和輸送株式会社 3.2%大和輸送株式会社仲田 広道 2.9%仲田 広道森 一成 2.3%森 一成内藤 征吾 2.1%内藤 征吾株式会社タナックス 1.9%株式会社タナックスウイルコ従業員持株会 1.6%ウイルコ従業員持株会大曽根 和人 1.5%大曽根 和人202020212022202320242025

Top shareholders — actual figures (as of 2025)

Holder Shares held Ratio Source
有限会社わかさ屋 3,000,000 19.3% Yuho (EDINET)
株式会社桂紙業 995,000 6.4% Yuho (EDINET)
株式会社北國銀行 720,000 4.6% Yuho (EDINET)
大和輸送株式会社 503,000 3.2% Yuho (EDINET)
仲田 広道 444,000 2.9% Yuho (EDINET)
森 一成 358,000 2.3% Yuho (EDINET)
内藤 征吾 321,000 2.1% Yuho (EDINET)
株式会社タナックス 300,000 1.9% Yuho (EDINET)
ウイルコ従業員持株会 243,000 1.6% Yuho (EDINET)
大曽根 和人 240,000 1.5% Yuho (EDINET)

Source:EDINET(大株主の状況) Classification inferred from disclosed names

F-Score (Piotroski)

3/9

Checks financial health against 9 criteria and shows how many are met as a fraction (more ✓ marks is healthier). Items with no data are shown as “—” — they're simply excluded from judgment, not counted against the score.

Positive ROA ROA -12.0%
Positive operating cash flow ¥-669M
ROA improved YoY -4.7% → -12.0%
Operating CF exceeds net income (accrual quality) OCF ¥-669M / net income ¥-948M
Equity ratio improved* Substitute for the original “decrease in long-term debt” 38.4% → 17.9%
Current ratio improved 1.32× → 0.74×
No dilution (shares outstanding did not increase) 24,650,800 → 15,522,250
Gross margin improved 17.1% → 14.3%
Asset turnover improved 0.93× → 1.07×

This score is reference information based on our own financial metrics. It is NOT a credit rating issued by a credit rating agency under Article 66-27 of the Financial Instruments and Exchange Act, and is NOT investment advice or a recommendation. Make investment decisions at your own responsibility.

Fact checklist

FY25
Equity ratio 17.9%
Current ratio 0.7×
Years of positive operating CF 8 of last 10 yrs
Payout ratio 0%
Latest fiscal year result Loss (net loss ¥948M)

Performance history

Last 10 years
0億円39億円78億円118億円157億円 FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

Income & assets

Unit: ¥100M
Item FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Revenue 12915415315711910790.388.286.084.8
Operating income 1.10-0.48-1.90-5.00-1.163.120.62-2.14-2.13-6.23
Ordinary income -0.35-0.36-2.58-4.66-1.103.131.32-2.13-1.70-6.51
Net income 0.763.50-2.54-5.45-0.282.661.13-2.27-4.36-9.48
Total assets 14616516815713712912512192.979.2
Equity 59.365.562.355.255.757.560.059.035.714.2

Indicators & cash flow

*Split-adjustedUnit: ¥100M
Item FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
EPS ¥31¥14¥-10¥-22¥-1¥11¥5¥-9¥-18¥-40
ROE 1.3%5.6%-4.0%-9.3%-0.5%4.7%1.9%-3.8%-11.1%-38.0%
Operating CF 4.054.446.270.575.278.145.132.45-4.81-6.69
Investing CF -0.97-5.01-0.635.923.60-0.98-1.24-2.06-5.63-0.86
Financing CF 0.572.20-2.91-5.41-7.32-6.26-0.34-4.16-5.83-6.52
FCF 3.08-0.575.646.498.877.163.890.39-10.4-7.55

Source: EDINET (Annual Securities Report) (fetched 2026-08-29) *Some metrics supplemented from additional sources

Sector positioning

Relative standing within the sector

Data provided by Twelve Data