Strike Co Ltd
TSE:6196
Strike Co Ltd
Strike Co., Ltd. provides merger and acquisition (M&A) consulting services. The company is headquartered in Chiyoda-Ku, Tokyo-To and currently employs 191 full-time employees. The company went IPO on 2016-06-21. The firm conducts M&A brokerage business, including mergers, acquisitions, and capital alliances between companies as a certified public accountant and tax accountant company. The firm also performs incidental business including advisory business, support for M&A execution, due diligence business, company evaluation business, consulting service for improving corporate value, as well as financial consulting service, among others.
Strike Co., Ltd. provides merger and acquisition (M&A) consulting services. The company is headquartered in Chiyoda-Ku, Tokyo-To and currently employs 191 full-time employees. The company went IPO on 2016-06-21. The firm conducts M&A brokerage business, including mergers, acquisitions, and capital alliances between companies as a certified public accountant and tax accountant company. The firm also performs incidental business including advisory business, support for M&A execution, due diligence business, company evaluation business, consulting service for improving corporate value, as well as financial consulting service, among others.
Strong Revenue Growth: Net sales for the first half reached JPY 9.23 billion, up 51.8% year-on-year, exceeding forecasts.
Profit Outperformance: Operating profit was JPY 3.706 billion, up 82.9% year-on-year, also beating expectations.
Deal Volume: 130 deals were closed in the first half, an increase of 26 deals year-on-year and above the forecast.
Raised H1 Guidance: First half guidance was raised, but full-year forecast remains unchanged; management expects to meet or exceed full-year targets.
Consultant Expansion: Consultant headcount increased by 15 in H1, with 17 new graduates joining in Q3; on track for annual target of 40.
Favorable Industry Tailwinds: Japanese government incentives and new tax regimes are supporting ongoing M&A growth.
Dividend Policy: Company targets maintaining a JPY 62 per share dividend as long as profits stay above 70% of initial plan.