SHOBIDO's (TSE:7819) five-year earnings growth trails the 21% YoY shareholder returns

SHOBIDO Corporation (TSE:7819) has seen its stock price rise 118% over the past five years, with a recent 34% gain in the last three months. Despite a 36% annual growth in earnings per share (EPS), the share price has only increased by 17% annually, indicating market pessimism. The total shareholder return (TSR) over five years is 155%, largely due to dividends. Recently, shareholders enjoyed a 41% TSR over the past year, suggesting improved business momentum. However, caution is advised as there is one warning sign to consider.