New Risk • Jun 06
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 6.8% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,636, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 113% over the past three years. Reported Earnings • May 20
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥130 (down from JP¥136 in FY 2025). Revenue: JP¥44.9b (up 17% from FY 2025). Net income: JP¥3.45b (down 8.8% from FY 2025). Profit margin: 7.7% (down from 9.9% in FY 2025). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Hisaka Works, Ltd., Annual General Meeting, Jun 26, 2026 Hisaka Works, Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 09
Hisaka Works, Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Hisaka Works, Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 34% and the cash payout ratio is 97%. Trailing yield: 3.7%. Within 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¥34.19 (vs JP¥38.53 in 3Q 2025) Third quarter 2026 results: EPS: JP¥34.19 (down from JP¥38.53 in 3Q 2025). Revenue: JP¥9.53b (up 21% from 3Q 2025). Net income: JP¥899.0m (down 16% from 3Q 2025). Profit margin: 9.4% (down from 14% in 3Q 2025). Revenue is forecast to grow 3.5% 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 29% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Feb 14
Hisaka Works, Ltd. Provides Consolidated Earnings Guidance for the Full Year of the Fiscal Year Ending March 31, 2026 Hisaka Works, Ltd. provided consolidated earnings guidance for the full year of the fiscal year ending March 31, 2026. For the full year, the company expects Net sales JPY 44,000 Million, Operating profit JPY 3,000 Million, Profit attributable to owners of parent JPY 2,690 Million and Earnings per share JPY 102.31. Announcement • Dec 16
Hisaka Works, Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Hisaka Works, Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Declared Dividend • Dec 06
First half dividend of JP¥28.00 announced Shareholders will receive a dividend of JP¥28.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 3.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 16% over the next year. However, it would need to fall by 63% to increase the payout ratio to a potentially unsustainable range. New Risk • Dec 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.9% 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 4.9% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (97% cash payout ratio). Large one-off items impacting financial results. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥32.15 (vs JP¥20.63 in 2Q 2025) Second quarter 2026 results: EPS: JP¥32.15 (up from JP¥20.63 in 2Q 2025). Revenue: JP¥12.4b (up 18% from 2Q 2025). Net income: JP¥847.0m (up 46% from 2Q 2025). Profit margin: 6.8% (up from 5.5% in 2Q 2025). 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 19% per year, which means it is significantly lagging earnings growth. Announcement • Sep 25
Hisaka Works, Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Hisaka Works, Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥21.16 (vs JP¥16.13 in 1Q 2025) First quarter 2026 results: EPS: JP¥21.16 (up from JP¥16.13 in 1Q 2025). Revenue: JP¥9.46b (up 27% from 1Q 2025). Net income: JP¥572.0m (up 26% from 1Q 2025). Profit margin: 6.0% (down from 6.1% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year. Declared Dividend • Jul 09
Final dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 24
Hisaka Works, Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Hisaka Works, Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥136 (vs JP¥85.80 in FY 2024) Full year 2025 results: EPS: JP¥136 (up from JP¥85.80 in FY 2024). Revenue: JP¥38.4b (up 12% from FY 2024). Net income: JP¥3.78b (up 56% from FY 2024). Profit margin: 9.9% (up from 7.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,147, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 63% over the past three years. Announcement • May 15
Hisaka Works, Ltd., Annual General Meeting, Jun 27, 2025 Hisaka Works, Ltd., Annual General Meeting, Jun 27, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 09 June 2025. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Announcement • Mar 18
Hisaka Works, Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Hisaka Works, Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥38.53 (vs JP¥25.23 in 3Q 2024) Third quarter 2025 results: EPS: JP¥38.53 (up from JP¥25.23 in 3Q 2024). Revenue: JP¥7.90b (up 5.5% from 3Q 2024). Net income: JP¥1.07b (up 50% from 3Q 2024). Profit margin: 14% (up from 9.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Announcement • Dec 21
Hisaka Works, Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Hisaka Works, Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). Announcement • Sep 12
Hisaka Works, Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Hisaka Works, Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 Board Change • Aug 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Akira Nakai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥16.13 (vs JP¥16.93 in 1Q 2024) First quarter 2025 results: EPS: JP¥16.13 (down from JP¥16.93 in 1Q 2024). Revenue: JP¥7.47b (down 7.3% from 1Q 2024). Net income: JP¥455.0m (down 4.6% from 1Q 2024). Profit margin: 6.1% (up from 5.9% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Jun 23
Hisaka Works, Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Hisaka Works, Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥85.80 (vs JP¥72.42 in FY 2023) Full year 2024 results: EPS: JP¥85.80 (up from JP¥72.42 in FY 2023). Revenue: JP¥34.2b (flat on FY 2023). Net income: JP¥2.42b (up 19% from FY 2023). Profit margin: 7.1% (up from 6.0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Hisaka Works, Ltd., Annual General Meeting, Jun 27, 2024 Hisaka Works, Ltd., Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is on the higher end at 88% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Announcement • Mar 15
Hisaka Works, Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Hisaka Works, Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: JP¥25.23 (vs JP¥37.76 in 3Q 2023) Third quarter 2024 results: EPS: JP¥25.23 (down from JP¥37.76 in 3Q 2023). Revenue: JP¥7.48b (down 22% from 3Q 2023). Net income: JP¥712.0m (down 33% from 3Q 2023). Profit margin: 9.5% (down from 11% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Dec 08
Hisaka Works, Ltd. to Report Q3, 2024 Results on Feb 14, 2024 Hisaka Works, Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 18
Second quarter 2024 earnings released: EPS: JP¥11.95 (vs JP¥13.88 in 2Q 2023) Second quarter 2024 results: EPS: JP¥11.95 (down from JP¥13.88 in 2Q 2023). Revenue: JP¥8.47b (up 1.3% from 2Q 2023). Net income: JP¥337.0m (down 14% from 2Q 2023). Profit margin: 4.0% (down from 4.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • Nov 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥20.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Announcement • Sep 10
Hisaka Works, Ltd. to Report Q2, 2024 Results on Nov 14, 2023 Hisaka Works, Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023 New Risk • Aug 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥16.93 (vs JP¥17.98 in 1Q 2023) First quarter 2024 results: EPS: JP¥16.93 (down from JP¥17.98 in 1Q 2023). Revenue: JP¥8.05b (up 12% from 1Q 2023). Net income: JP¥477.0m (down 5.7% from 1Q 2023). Profit margin: 5.9% (down from 7.0% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 21
Hisaka Works, Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Hisaka Works, Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥72.42 (vs JP¥73.16 in FY 2022) Full year 2023 results: EPS: JP¥72.42 (down from JP¥73.16 in FY 2022). Revenue: JP¥34.1b (up 13% from FY 2022). Net income: JP¥2.04b (flat on FY 2022). Profit margin: 6.0% (down from 6.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Hisaka Works, Ltd., Annual General Meeting, Jun 29, 2023 Hisaka Works, Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share at 3.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 18
Third quarter 2023 earnings released: EPS: JP¥37.76 (vs JP¥23.67 in 3Q 2022) Third quarter 2023 results: EPS: JP¥37.76 (up from JP¥23.67 in 3Q 2022). Revenue: JP¥9.55b (up 17% from 3Q 2022). Net income: JP¥1.06b (up 60% from 3Q 2022). Profit margin: 11% (up from 8.2% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Akira Nakai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Announcement • Sep 16
Hisaka Works, Ltd. to Report Q2, 2023 Results on Nov 14, 2022 Hisaka Works, Ltd. announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥17.98 (vs JP¥9.18 in 1Q 2022) First quarter 2023 results: EPS: JP¥17.98 (up from JP¥9.18 in 1Q 2022). Revenue: JP¥7.20b (up 25% from 1Q 2022). Net income: JP¥506.0m (up 96% from 1Q 2022). Profit margin: 7.0% (up from 4.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Announcement • Jun 04
Hisaka Works, Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Hisaka Works, Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥73.16 (vs JP¥43.13 in FY 2021) Full year 2022 results: EPS: JP¥73.16 (up from JP¥43.13 in FY 2021). Revenue: JP¥30.1b (up 5.8% from FY 2021). Net income: JP¥2.06b (up 70% from FY 2021). Profit margin: 6.8% (up from 4.3% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 6% per year. Announcement • May 15
Hisaka Works, Ltd., Annual General Meeting, Jun 29, 2022 Hisaka Works, Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). GM of Heat Exchanger Business, MD Managing Exec Officer of Personnel & General Affairs and Director Toshiyuki Funakoshi is the most experienced director on the board, commencing their role in 2014. Independent Outside Director Akira Nakai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Apr 08
Hisaka Works, Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Hisaka Works, Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥23.67 (up from JP¥11.00 in 3Q 2021). Revenue: JP¥8.16b (up 24% from 3Q 2021). Net income: JP¥666.0m (up 116% from 3Q 2021). Profit margin: 8.2% (up from 4.7% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 16
Second quarter 2022 earnings released: EPS JP¥15.32 (vs JP¥7.29 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.22b (up 14% from 2Q 2021). Net income: JP¥431.0m (up 110% from 2Q 2021). Profit margin: 5.2% (up from 2.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS JP¥9.18 (vs JP¥17.12 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥5.74b (down 14% from 1Q 2021). Net income: JP¥258.0m (down 46% from 1Q 2021). Profit margin: 4.5% (down from 7.2% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥43.13 (vs JP¥73.37 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥28.4b (down 13% from FY 2020). Net income: JP¥1.21b (down 42% from FY 2020). Profit margin: 4.3% (down from 6.4% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 12 June 2021. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Mar 14
Hisaka Works, Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 Hisaka Works, Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥11.00 (vs JP¥19.32 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥6.58b (down 19% from 3Q 2020). Net income: JP¥309.0m (down 43% from 3Q 2020). Profit margin: 4.7% (down from 6.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year. Is New 90 Day High Low • Jan 29
New 90-day low: JP¥811 The company is down 8.0% from its price of JP¥880 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 23% over the same period. Announcement • Dec 12
Hisaka Works, Ltd. to Report Q3, 2021 Results on Feb 12, 2021 Hisaka Works, Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Sep 13
Hisaka Works, Ltd. to Report Q2, 2021 Results on Nov 13, 2020 Hisaka Works, Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020 Announcement • Jun 28
Hisaka Works, Ltd. to Report Q1, 2021 Results on Aug 07, 2020 Hisaka Works, Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020 