Announcement • Jun 03
Iwaki Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Iwaki Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 18
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥218 (up from JP¥202 in FY 2025). Revenue: JP¥47.7b (up 4.2% from FY 2025). Net income: JP¥4.84b (up 8.2% from FY 2025). Profit margin: 10% (in line with FY 2025). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Iwaki Co., Ltd., Annual General Meeting, Jun 26, 2026 Iwaki Co., Ltd., Annual General Meeting, Jun 26, 2026. Buy Or Sell Opportunity • May 15
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 7.9% to JP¥2,939. The fair value is estimated to be JP¥2,375, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Announcement • May 09
Iwaki Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026 Iwaki Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥41.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 37% and the cash payout ratio is 93%. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥61.58 (vs JP¥70.55 in 3Q 2025) Third quarter 2026 results: EPS: JP¥61.58 (down from JP¥70.55 in 3Q 2025). Revenue: JP¥12.0b (up 4.1% from 3Q 2025). Net income: JP¥1.37b (down 12% from 3Q 2025). Profit margin: 11% (down from 14% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jan 19
Now 22% undervalued Over the last 90 days, the stock has risen 6.2% to JP¥2,773. The fair value is estimated to be JP¥3,542, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Announcement • Dec 02
Iwaki Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Iwaki Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Declared Dividend • Dec 02
First half dividend of JP¥41.00 announced Shareholders will receive a dividend of JP¥41.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥57.95 (vs JP¥49.02 in 2Q 2025) Second quarter 2026 results: EPS: JP¥57.95 (up from JP¥49.02 in 2Q 2025). Revenue: JP¥11.4b (up 1.1% from 2Q 2025). Net income: JP¥1.29b (up 19% from 2Q 2025). Profit margin: 11% (up from 9.6% in 2Q 2025). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Buy Or Sell Opportunity • Sep 09
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 2.2% to JP¥2,529. The fair value is estimated to be JP¥2,073, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 5.9%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Announcement • Sep 05
Iwaki Co., Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Iwaki Co., Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Buy Or Sell Opportunity • Aug 16
Now 22% overvalued Over the last 90 days, the stock has fallen 4.2% to JP¥2,529. The fair value is estimated to be JP¥2,073, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 5.9%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥45.80 (vs JP¥49.34 in 1Q 2025) First quarter 2026 results: EPS: JP¥45.80 (down from JP¥49.34 in 1Q 2025). Revenue: JP¥11.2b (flat on 1Q 2025). Net income: JP¥1.01b (down 7.0% from 1Q 2025). Profit margin: 9.0% (in line with 1Q 2025). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 14% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 03
Iwaki Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Iwaki Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Announcement • May 15
Iwaki Co., Ltd., Annual General Meeting, Jun 27, 2025 Iwaki Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,292, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 141% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,787, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 78% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). New Risk • Mar 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (112% cash payout ratio). Share price has been volatile over the past 3 months (5.3% average weekly change). Announcement • Mar 04
Iwaki Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Iwaki Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Board Change • Feb 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Outside Director Takako Tomiyasu was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥70.54 (vs JP¥64.76 in 3Q 2024) Third quarter 2025 results: EPS: JP¥70.54 (up from JP¥64.76 in 3Q 2024). Revenue: JP¥11.6b (up 2.8% from 3Q 2024). Net income: JP¥1.56b (up 9.1% from 3Q 2024). Profit margin: 14% (in line with 3Q 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 03
Iwaki Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Iwaki Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Declared Dividend • Dec 03
First half dividend of JP¥33.00 announced Shareholders will receive a dividend of JP¥33.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but not covered by cash flows (128% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 18
Second quarter 2025 earnings released: EPS: JP¥49.03 (vs JP¥43.82 in 2Q 2024) Second quarter 2025 results: EPS: JP¥49.03 (up from JP¥43.82 in 2Q 2024). Revenue: JP¥11.3b (flat on 2Q 2024). Net income: JP¥1.08b (up 12% from 2Q 2024). Profit margin: 9.6% (up from 8.5% in 2Q 2024). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 28
Iwaki Co., Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Iwaki Co., Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 31% and the cash payout ratio is 82%. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.9%). Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥49.34 (vs JP¥55.62 in 1Q 2024) First quarter 2025 results: EPS: JP¥49.34 (down from JP¥55.62 in 1Q 2024). Revenue: JP¥11.2b (up 1.0% from 1Q 2024). Net income: JP¥1.09b (down 11% from 1Q 2024). Profit margin: 9.7% (down from 11% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to JP¥2,116, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 160% over the past three years. New Risk • Aug 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Jul 11
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has increased by an average of 13% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jun 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Corporate Auditor Takafumi Kojima was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • May 15
Iwaki Co., Ltd., Annual General Meeting, Jun 27, 2024 Iwaki Co., Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 02
Iwaki Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 Iwaki Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Buy Or Sell Opportunity • Feb 20
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to JP¥2,382. The fair value is estimated to be JP¥1,957, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 31% in the next 2 years. Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: JP¥64.76 (vs JP¥47.20 in 3Q 2023) Third quarter 2024 results: EPS: JP¥64.76 (up from JP¥47.20 in 3Q 2023). Revenue: JP¥11.2b (up 21% from 3Q 2023). Net income: JP¥1.43b (up 38% from 3Q 2023). Profit margin: 13% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 29
Iwaki Co., Ltd. to Report Q3, 2024 Results on Feb 14, 2024 Iwaki Co., Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥2,050, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 183% over the past three years. Reported Earnings • Nov 19
Second quarter 2024 earnings released: EPS: JP¥43.82 (vs JP¥91.62 in 2Q 2023) Second quarter 2024 results: EPS: JP¥43.82 (down from JP¥91.62 in 2Q 2023). Revenue: JP¥11.3b (up 20% from 2Q 2023). Net income: JP¥966.0m (down 52% from 2Q 2023). Profit margin: 8.5% (down from 21% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 33% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥16.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.1%). Announcement • Sep 07
Iwaki Co., Ltd. ProvideS Earnings Guidance for the First Half and Full-Year Ending March 31, 2024 Iwaki Co., Ltd. provided earnings guidance for the first half and Full-Year ending March 31, 2024. For the first half, the company expects Net sales of JPY 21,667 million, Operating profit of JPY 1,742 million, Profit attributable to owners of parent of JPY 1,363 million and Net income per share of JPY 62.05. For the full year, the company Net sales of JPY 44,181 million, Operating profit of JPY 3,920 million, Profit attributable to owners of parent of JPY 3,115 million and Net income per share of JPY 141.79. Announcement • Aug 30
Iwaki Co., Ltd. to Report Q2, 2024 Results on Nov 14, 2023 Iwaki Co., Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023 Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,771, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 105% over the past three years. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥55.62 (vs JP¥44.47 in 1Q 2023) First quarter 2024 results: EPS: JP¥55.62 (up from JP¥44.47 in 1Q 2023). Revenue: JP¥11.1b (up 32% from 1Q 2023). Net income: JP¥1.22b (up 26% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • Jun 16
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (145% cash payout ratio). Large one-off items impacting financial results. Announcement • May 31
Iwaki Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Iwaki Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • May 17
Iwaki Co., Ltd., Annual General Meeting, Jun 29, 2023 Iwaki Co., Ltd., Annual General Meeting, Jun 29, 2023. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥200 (vs JP¥109 in FY 2022) Full year 2023 results: EPS: JP¥200 (up from JP¥109 in FY 2022). Revenue: JP¥37.7b (up 16% from FY 2022). Net income: JP¥4.40b (up 84% from FY 2022). Profit margin: 12% (up from 7.4% in FY 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥33.00 per share at 5.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: JP¥47.20 (vs JP¥39.31 in 3Q 2022) Third quarter 2023 results: EPS: JP¥47.20 (up from JP¥39.31 in 3Q 2022). Revenue: JP¥9.32b (up 12% from 3Q 2022). Net income: JP¥1.04b (up 20% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
Iwaki Co., Ltd. to Report Q3, 2023 Results on Feb 14, 2023 Iwaki Co., Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Corporate Auditor Takafumi Kojima was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Announcement • Aug 31
Iwaki Co., Ltd. to Report Q2, 2023 Results on Nov 14, 2022 Iwaki Co., Ltd. announced that they will report Q2, 2023 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,247, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 51% over the past three years. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥44.47 (vs JP¥23.18 in 1Q 2022) First quarter 2023 results: EPS: JP¥44.47 (up from JP¥23.18 in 1Q 2022). Revenue: JP¥8.39b (up 10% from 1Q 2022). Net income: JP¥974.0m (up 91% from 1Q 2022). Profit margin: 12% (up from 6.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Announcement • May 29
Iwaki Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Iwaki Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Announcement • May 18
Iwaki Co., Ltd., Annual General Meeting, Jun 29, 2022 Iwaki Co., Ltd., Annual General Meeting, Jun 29, 2022. Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥109 (vs JP¥94.89 in FY 2021) Full year 2022 results: EPS: JP¥109 (up from JP¥94.89 in FY 2021). Revenue: JP¥32.4b (up 15% from FY 2021). Net income: JP¥2.40b (up 15% from FY 2021). Profit margin: 7.4% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Corporate Auditor Takafumi Kojima was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Apr 08
Iwaki Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Iwaki Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥39.31 (up from JP¥15.11 in 3Q 2021). Revenue: JP¥8.35b (up 19% from 3Q 2021). Net income: JP¥861.0m (up 159% from 3Q 2021). Profit margin: 10% (up from 4.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Corporate Auditor Takafumi Kojima was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Dec 08
Iwaki Co., Ltd. Provides Earnings Guidance for the Full Year Ending March 31, 2022 Iwaki Co., Ltd. provided earnings guidance for the full year ending March 31, 2022. For the full year, the company expects net sales of JPY 31,459 million, Operating profit of JPY 31,459 million, Profit attributable to owners of parent of JPY 2,072 million and net income per share of JPY 94.60. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥31.16 (vs JP¥20.06 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥7.98b (up 24% from 2Q 2021). Net income: JP¥682.0m (up 54% from 2Q 2021). Profit margin: 8.5% (up from 6.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥23.18 (vs JP¥28.42 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥7.60b (up 13% from 1Q 2021). Net income: JP¥509.0m (down 19% from 1Q 2021). Profit margin: 6.7% (down from 9.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. 
