Japan Experts, Extraordinary Performance, Astris Advisory Japan

Astris Advisory Japan

Our Corporate Advisory service is designed to give clients access to a wider range of investors. These include Japan specialists as well as global investors. The goal is to help achieve a fair equity valuation.

Japan Experts, Extraordinary Performance

Equity Bottom-Up

<ul>
<li>The Point segment was an unexpected beneficiary of Japan's financial services re-rating — The end of negative interest rates and the new NISA have structurally elevated customer acquisition budgets among banks, brokerages, and card issuers, with affiliate channels, such as Moppy, emerging as an area that saw increased advertising spend.</li>
<li>The Point segment saw record revenue and gross profit in Q1, which is expected to moderate QoQ due to seasonality.</li>
<li>If the strong momentum seen in Q1 is sustained, then Ceres’ FY12/26 guidance, without factoring in the acquisition of Squiz, appears conservative. </li>
</ul>


The Point segment was an unexpected beneficiary of Japan's financial services re-rating — The end of negative interest rates and the new NISA have structurally elevated customer acquisition budgets among banks, brokerages, and card issuers, with affiliate channels, such as Moppy, emerging as an area that saw increased advertising spend.
The Point segment saw record revenue and gross profit in Q1, which is expected to moderate QoQ due to seasonality.
If the strong momentum seen in Q1 is sustained, then Ceres’ FY12/26 guidance, without factoring in the acquisition of Squiz, appears conservative. 


Ceres Inc. (3696 JP): Q1 FY12/26 Results Update - 19 May 2026

Ceres Inc/Japan

Ceres Inc. (3696 JP): Q1 FY12/26 Results Update - 19 May 2026