Welby (4438.T) Stock Price

Welby Price

CLOSED
262.00JPY+5.00 (+1.93 %)
Market closed

Over the last 9 years Welby grew revenue by 10.8% annually, reaching 635.72 M JPY. For Welby, the net margin of -84.9% is down versus -11.5% a few years ago. The stock trades about 10% above its 52-week low.

Welby stock price

Volume
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Welby over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Welby stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Welby's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Welby Stock Price History
DateWelby Price
8/12/2026262.00 JPY
8/10/2026257.00 JPY
8/7/2026258.00 JPY
8/6/2026259.00 JPY
8/5/2026262.00 JPY
8/4/2026258.00 JPY
8/3/2026249.00 JPY
7/31/2026243.00 JPY
7/30/2026243.00 JPY
7/29/2026243.00 JPY
7/28/2026238.00 JPY
7/27/2026241.00 JPY
7/24/2026243.00 JPY
7/23/2026255.00 JPY
7/22/2026254.00 JPY
7/21/2026246.00 JPY
7/17/2026255.00 JPY
7/16/2026256.00 JPY
7/15/2026258.00 JPY
7/14/2026256.00 JPY
7/13/2026251.00 JPY
7/10/2026253.00 JPY
7/9/2026247.00 JPY
7/8/2026245.00 JPY
7/7/2026251.00 JPY
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7/3/2026248.00 JPY
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7/1/2026242.00 JPY
6/30/2026241.00 JPY
6/29/2026243.00 JPY
6/26/2026241.00 JPY
6/25/2026248.00 JPY
6/24/2026251.00 JPY
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4/20/2026334.00 JPY
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4/10/2026321.00 JPY
4/9/2026337.00 JPY
4/8/2026331.00 JPY
4/7/2026324.00 JPY
4/6/2026331.00 JPY
4/3/2026341.00 JPY
4/2/2026327.00 JPY
4/1/2026342.00 JPY
3/31/2026321.00 JPY
3/30/2026328.00 JPY
3/27/2026339.00 JPY
3/26/2026330.00 JPY
3/25/2026347.00 JPY
3/24/2026336.00 JPY
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3/19/2026352.00 JPY
3/18/2026368.00 JPY
3/17/2026355.00 JPY
3/16/2026383.00 JPY
3/13/2026413.00 JPY
3/12/2026375.00 JPY
3/11/2026344.00 JPY
3/10/2026336.00 JPY
3/9/2026336.00 JPY
3/6/2026365.00 JPY
3/5/2026402.00 JPY
3/4/2026447.00 JPY
3/3/2026367.00 JPY
3/2/2026445.00 JPY
2/27/2026365.00 JPY
2/26/2026285.00 JPY
2/25/2026291.00 JPY
2/24/2026279.00 JPY
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2/19/2026280.00 JPY
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2/17/2026283.00 JPY
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1/30/2026290.00 JPY
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11/14/2025357.00 JPY
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11/11/2025440.00 JPY
11/10/2025360.00 JPY
11/7/2025280.00 JPY
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10/31/2025288.00 JPY
10/30/2025291.00 JPY
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10/28/2025298.00 JPY
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10/24/2025301.00 JPY
10/23/2025299.00 JPY
10/22/2025304.00 JPY
10/21/2025304.00 JPY
10/20/2025295.00 JPY
10/17/2025293.00 JPY
10/16/2025296.00 JPY
10/15/2025295.00 JPY
10/14/2025298.00 JPY
10/10/2025308.00 JPY
10/9/2025305.00 JPY
10/8/2025307.00 JPY
10/7/2025302.00 JPY
10/6/2025306.00 JPY
10/3/2025305.00 JPY
10/2/2025306.00 JPY
10/1/2025308.00 JPY
9/30/2025315.00 JPY
9/29/2025315.00 JPY
9/26/2025314.00 JPY
9/25/2025315.00 JPY
9/24/2025319.00 JPY
9/22/2025328.00 JPY
9/19/2025327.00 JPY
9/18/2025324.00 JPY
9/17/2025329.00 JPY
9/16/2025324.00 JPY
9/12/2025321.00 JPY
9/11/2025330.00 JPY
9/10/2025327.00 JPY
9/9/2025338.00 JPY
9/8/2025333.00 JPY
9/5/2025328.00 JPY
9/4/2025326.00 JPY
9/3/2025330.00 JPY
9/2/2025333.00 JPY
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8/29/2025334.00 JPY
8/28/2025338.00 JPY
8/27/2025335.00 JPY
8/26/2025331.00 JPY
8/25/2025328.00 JPY
8/22/2025329.00 JPY
8/21/2025324.00 JPY
8/20/2025330.00 JPY
8/19/2025328.00 JPY
8/18/2025323.00 JPY
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Welby Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
808.01 M JPY
156.08 M JPY
176.57 M JPY
Jan 1, 2019
798.52 M JPY
16.57 M JPY
-11.30 M JPY
Jan 1, 2020
864.64 M JPY
-237.54 M JPY
-353.09 M JPY
Jan 1, 2021
1.14 B JPY
-113.12 M JPY
-130.68 M JPY
Jan 1, 2022
1.05 B JPY
60.91 M JPY
33.91 M JPY
Jan 1, 2023
575.50 M JPY
-437.31 M JPY
-505.29 M JPY
Jan 1, 2024
528.04 M JPY
-654.45 M JPY
-804.60 M JPY
Jan 1, 2025
635.72 M JPY
-452.83 M JPY
-539.69 M JPY

Welby Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 16, 2026, 12:16 AM
 
REVENUEB JPY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM JPY
EBITM JPY
EBIT MARGIN%
NET INCOMEM JPY
NET INCOME GROWTH%
SHARESM
2016201720182019202020212022202320242025
0.250.470.810.800.861.141.050.580.530.64
–87.3570.46-1.248.2731.83-7.81-45.24-8.1720.27
71.1553.1668.3277.4458.5659.9671.9065.3971.7870.55
180.00252.00552.00618.00506.00683.00755.00376.00379.00448.00
-136.00-73.00156.0016.00-237.00-113.0060.00-437.00-654.00-452.00
-53.75-15.4019.312.01-27.43-9.925.71-76.00-123.86-71.18
-155.00-96.00176.00-11.00-353.00-130.0033.00-505.00-804.00-539.00
–-38.06-283.33-106.253,109.09-63.17-125.38-1,630.3059.21-32.96
5.845.857.427.697.817.837.847.838.168.28
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Welby generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Welby retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Welby's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Welby has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Welby's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Welby stock margins

The Welby margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Welby. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Welby.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
68.32 %
19.32 %
21.85 %
Jan 1, 2019
77.51 %
2.07 %
-1.42 %
Jan 1, 2020
58.56 %
-27.47 %
-40.84 %
Jan 1, 2021
60.04 %
-9.93 %
-11.47 %
Jan 1, 2022
71.88 %
5.80 %
3.23 %
Jan 1, 2023
65.36 %
-75.99 %
-87.80 %
Jan 1, 2024
71.95 %
-123.94 %
-152.37 %
Jan 1, 2025
70.58 %
-71.23 %
-84.89 %

Welby Stock Revenue, EBIT, Earnings per Share

The Welby earnings per share therefore indicates how much revenue Welby has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
108.90 JPY
21.04 JPY
23.80 JPY
Jan 1, 2019
103.81 JPY
2.15 JPY
-1.47 JPY
Jan 1, 2020
110.64 JPY
-30.40 JPY
-45.18 JPY
Jan 1, 2021
145.44 JPY
-14.44 JPY
-16.68 JPY
Jan 1, 2022
134.08 JPY
7.77 JPY
4.33 JPY
Jan 1, 2023
73.47 JPY
-55.83 JPY
-64.51 JPY
Jan 1, 2024
64.72 JPY
-80.21 JPY
-98.61 JPY
Jan 1, 2025
76.82 JPY
-54.72 JPY
-65.21 JPY

Welby business model & stock analysis

Welby Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Welby historical P/E ratio, EBIT multiple, and P/S ratio

Welby annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Welby shares outstanding

The number of shares of Welby was 8.28 M in 2025. This indicates how many shares Welby is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
7.42 M Stocks
Jan 1, 2019
7.69 M Stocks
Jan 1, 2020
7.81 M Stocks
Jan 1, 2021
7.83 M Stocks
Jan 1, 2022
7.84 M Stocks
Jan 1, 2023
7.83 M Stocks
Jan 1, 2024
8.16 M Stocks
Jan 1, 2025
8.28 M Stocks

Welby stock splits

In Welby's history, there have been no stock splits.
Price targets and forecasts for Welby are not yet available.

Welby shareholder structure

% Name
34.50483%
Hiki (Takeru)
Hiki (Takeru)
20.01208%
Suzuken Co Ltd
Suzuken Co Ltd
5.42271%
Brightlink Partners, Inc.
Brightlink Partners, Inc.
5.25099%
Chubu Electric Power Co Inc
Chubu Electric Power Co Inc
4.27536%
Japan Post Capital Co., Ltd.
Japan Post Capital Co., Ltd.
2.92271%
Kang (Kiho)
Kang (Kiho)

Welby Beneficial Ownership Filings (SEC 13D/G)

Free Float
16.3%
Float Shares
-
Shares Outstanding
-

Welby Executives and Management Board

10 members · avg. age 53 · 0 % women

Management

MS

Mr. Masashi Shintani

Chief Marketing Officer, Director of Marketing, Executive Officer

–
AI

Mr. Akihito Iokawa

Executive Officer, Deputy Director of Marketing · since 2023

–
YA

Mr. Yoshihiro Asakawa

Executive Officer, Director of Product Development · since 2023

–
TH

Mr. Tetsuya Hayashi

Executive Officer, Director of Service Development · since 2022

–

Board of Directors

TH

Mr. Takeru Hiki (49)

Representative Director · since 2011

–
MN

Mr. Masakazu Nakajima (49)

Director

–
TY

Mr. Takeshi Yamamoto (54)

Director

–
TI

Mr. Taro Ishibashi (64)

Independent Director

–
NM

Mr. Naoya Matsumoto (48)

Independent Director

–
DN

Mr. Daiki Nakazawa

Director in charge of Corporate Unit · since 2023

–

Frequently asked questions about Welby

Converted at the current exchange rate, the Welby share trades at 1.42 EUR (262.00 JPY).

No history available for Welby.

The revenue cannot currently be calculated for Welby.

The profit cannot currently be calculated for Welby.

The P/E ratio cannot be calculated for Welby at the moment.

The P/S cannot be calculated for Welby currently.

The Eulerpool Quality Score for Welby is 1/10.

The ISIN of Welby is JP3155410008. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Welby is 4438.T. The ticker symbol is used to trade Welby shares on the stock exchange.

Welby paid dividends every year for the past 0 years.

Welby is assigned to the 'Health' sector.

The dividends of Welby are distributed in JPY.

All fundamentals and in-depth analysis of Welby

Our stock analysis for Welby stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Welby. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Welby Stock
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