Announcement • Jun 03
Maruzen Showa Unyu Co., Ltd. to Report Q1, 2027 Results on Aug 10, 2026 Maruzen Showa Unyu Co., Ltd. announced that they will report Q1, 2027 results on Aug 10, 2026 Buy Or Sell Opportunity • May 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to JP¥7,830. The fair value is estimated to be JP¥9,805, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.3%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to decline by 1.9% in the next 2 years. Reported Earnings • May 12
Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2026 results: EPS: JP¥651 (up from JP¥491 in FY 2025). Revenue: JP¥148.6b (up 2.8% from FY 2025). Net income: JP¥12.7b (up 29% from FY 2025). Profit margin: 8.5% (up from 6.8% in FY 2025). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 8.7%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 11
Maruzen Showa Unyu Co., Ltd., Annual General Meeting, Jun 26, 2026 Maruzen Showa Unyu Co., Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 09
Maruzen Showa Unyu Co., Ltd. to Report Fiscal Year 2026 Results on May 11, 2026 Maruzen Showa Unyu Co., Ltd. announced that they will report fiscal year 2026 results on May 11, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥120 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 35% and the cash payout ratio is 89%. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.9%). Buy Or Sell Opportunity • Feb 27
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to JP¥9,160. The fair value is estimated to be JP¥7,514, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.0%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 23% in the next 2 years. Buy Or Sell Opportunity • Feb 10
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 32% to JP¥9,050. The fair value is estimated to be JP¥7,498, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.0%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 23% in the next 2 years. Announcement • Feb 09
Maruzen Showa Unyu Co., Ltd. (TSE:9068) announces an Equity Buyback for 250,000 shares, representing 1.26% for ¥2,197.5 million. Maruzen Showa Unyu Co., Ltd. (TSE:9068) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.26% of its issued share capital, for ¥2,197.50 million. The repurchase price will be ¥8,790 per share. The purpose of the program is to improve capital efficiency and enable the implementation of flexible capital policies that respond to changes in the business environment. As of January 31, 2026, the company had 19,852,738 issued shares (excluding treasury stock) and 765,506 shares in treasury. Declared Dividend • Dec 09
First half dividend of JP¥90.00 announced Shareholders will receive a dividend of JP¥90.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Dec 04
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.2% to JP¥7,400. The fair value is estimated to be JP¥6,136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 24% in the next 2 years. Announcement • Nov 20
Maruzen Showa Unyu Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026 Maruzen Showa Unyu Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026 Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥159 (vs JP¥166 in 2Q 2025) Second quarter 2026 results: EPS: JP¥159 (down from JP¥166 in 2Q 2025). Revenue: JP¥36.4b (flat on 2Q 2025). Net income: JP¥3.11b (down 6.2% from 2Q 2025). Profit margin: 8.6% (down from 9.2% in 2Q 2025). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 16
Maruzen Showa Unyu Co., Ltd. (TSE:9068) agreed to acquire 66.66% stake in Nitto Fuji Unyu K.K. from Nitto Fuji Flour Milling Co.,Ltd. (TSE:2003) for approximately ¥430 million. Maruzen Showa Unyu Co., Ltd. (TSE:9068) agreed to acquire 66.66% stake in Nitto Fuji Unyu K.K. from Nitto Fuji Flour Milling Co.,Ltd. (TSE:2003) for approximately ¥430 million on October 14, 2025. A cash consideration of ¥433.32 million will be paid by Maruzen Showa Unyu Co., Ltd. As part of consideration, ¥433.32 million is paid towards common equity of Nitto Fuji Unyu K.K. Nitto Fuji Unyu K.K. plans to change its trade name to "M&F Logistics Co., Ltd." at the general shareholders' meeting to be held on October 31, 2025.
For the period ending March 31, 2025, Nitto Fuji Unyu K.K. reported total revenue of ¥2.05 billion and EBIT of ¥80 million.
The expected completion of the transaction is October 31, 2025. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥90.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%). Announcement • Sep 09
Maruzen Showa Unyu Co., Ltd. to Report Q2, 2026 Results on Nov 10, 2025 Maruzen Showa Unyu Co., Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: JP¥147 (vs JP¥128 in 1Q 2025) First quarter 2026 results: EPS: JP¥147 (up from JP¥128 in 1Q 2025). Revenue: JP¥35.8b (up 2.0% from 1Q 2025). Net income: JP¥2.87b (up 11% from 1Q 2025). Profit margin: 8.0% (up from 7.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥80.00 announced Shareholders will receive a dividend of JP¥80.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 2.5%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 26
Maruzen Showa Unyu Co., Ltd. to Report Q1, 2026 Results on Aug 12, 2025 Maruzen Showa Unyu Co., Ltd. announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 13
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥491 (up from JP¥481 in FY 2024). Revenue: JP¥144.6b (up 3.1% from FY 2024). Net income: JP¥9.80b (flat on FY 2024). Profit margin: 6.8% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Transportation 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 27% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥90.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 04
Maruzen Showa Unyu Co., Ltd. to Report Fiscal Year 2025 Results on May 12, 2025 Maruzen Showa Unyu Co., Ltd. announced that they will report fiscal year 2025 results on May 12, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥149 (vs JP¥164 in 3Q 2024) Third quarter 2025 results: EPS: JP¥149 (down from JP¥164 in 3Q 2024). Revenue: JP¥37.0b (up 1.5% from 3Q 2024). Net income: JP¥2.98b (down 10% from 3Q 2024). Profit margin: 8.0% (down from 9.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 10
Maruzen Showa Unyu Co., Ltd. (TSE:9068) announces an Equity Buyback for 550,000 shares, representing 2.7% for ¥3,316.5 million. Maruzen Showa Unyu Co., Ltd. (TSE:9068) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 1.31% of its issued share capital, for ¥3,316.5 million. The repurchase price will be ¥6,030 per share. The purpose of the program is to improve capital efficiency and enable the implementation of flexible capital policies that respond to changes in the business environment. As of January 31, 2025, the company had 20,370,726 issued shares (excluding treasury stock) and 247,518 shares in treasury. Announcement • Nov 30
Maruzen Showa Unyu Co., Ltd. to Report Q3, 2025 Results on Feb 10, 2025 Maruzen Showa Unyu Co., Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥166 (vs JP¥127 in 2Q 2024) Second quarter 2025 results: EPS: JP¥166 (up from JP¥127 in 2Q 2024). Revenue: JP¥36.1b (up 4.9% from 2Q 2024). Net income: JP¥3.32b (up 28% from 2Q 2024). Profit margin: 9.2% (up from 7.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% 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 20
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Announcement • Sep 03
Maruzen Showa Unyu Co., Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Maruzen Showa Unyu Co., Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Buy Or Sell Opportunity • Aug 06
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 2.7% to JP¥4,700. The fair value is estimated to be JP¥3,757, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥4,390, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Transportation industry in Japan. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,795 per share. Announcement • Jun 17
Maruzen Showa Unyu Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Maruzen Showa Unyu Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 New Risk • May 29
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • May 11
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥481 (up from JP¥440 in FY 2023). Revenue: JP¥140.2b (flat on FY 2023). Net income: JP¥9.74b (up 9.1% from FY 2023). Profit margin: 6.9% (up from 6.3% in FY 2023). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 8.9%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year. Announcement • May 11
Maruzen Showa Unyu Co., Ltd., Annual General Meeting, Jun 27, 2024 Maruzen Showa Unyu Co., Ltd., Annual General Meeting, Jun 27, 2024. Buy Or Sell Opportunity • Apr 02
Now 22% undervalued Over the last 90 days, the stock has risen 17% to JP¥4,565. The fair value is estimated to be JP¥5,832, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 9.6% in the next 2 years. Announcement • Mar 28
Maruzen Showa Unyu Co., Ltd. to Report Q4, 2024 Results on May 09, 2024 Maruzen Showa Unyu Co., Ltd. announced that they will report Q4, 2024 results on May 09, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.2%). Buy Or Sell Opportunity • Mar 14
Now 21% undervalued Over the last 90 days, the stock has risen 23% to JP¥4,570. The fair value is estimated to be JP¥5,764, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 7.1% in the next 2 years. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥164 (vs JP¥115 in 3Q 2023) Third quarter 2024 results: EPS: JP¥164 (up from JP¥115 in 3Q 2023). Revenue: JP¥36.5b (flat on 3Q 2023). Net income: JP¥3.32b (up 42% from 3Q 2023). Profit margin: 9.1% (up from 6.4% in 3Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Transportation industry in Japan. 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 10% per year. Buy Or Sell Opportunity • Feb 15
Now 24% undervalued Over the last 90 days, the stock has risen 11% to JP¥4,350. The fair value is estimated to be JP¥5,714, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 7.1% in the next 2 years. Announcement • Feb 13
Maruzen Showa Unyu Co., Ltd. (TSE:9068) announces an Equity Buyback for 270,000 shares, representing 1.31% for ¥1,101.6 million. Maruzen Showa Unyu Co., Ltd. (TSE:9068) announces a share repurchase program. Under the program, the company will repurchase up to 270,000 shares, representing 1.31% of its issued share capital, for ¥1,101.6 million. The repurchase price will be ¥ 4,080 per share. The purpose of the program is to improve capital efficiency and enable flexible capital policy implementation in response to changes in the business environment. As of January 3, 2024, the company had 20,611,946 issued shares (excluding treasury stock) and 6,298 shares in treasury. Announcement • Dec 10
Maruzen Showa Unyu Co., Ltd. to Report Q3, 2024 Results on Feb 13, 2024 Maruzen Showa Unyu Co., Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: JP¥127 (vs JP¥110 in 2Q 2023) Second quarter 2024 results: EPS: JP¥127 (up from JP¥110 in 2Q 2023). Revenue: JP¥34.4b (down 3.2% from 2Q 2023). Net income: JP¥2.58b (up 16% from 2Q 2023). Profit margin: 7.5% (up from 6.3% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥60.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.2%). Announcement • Sep 13
Maruzen Showa Unyu Co., Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Maruzen Showa Unyu Co., Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥113 (vs JP¥116 in 1Q 2023) First quarter 2024 results: EPS: JP¥113 (down from JP¥116 in 1Q 2023). Revenue: JP¥34.2b (flat on 1Q 2023). Net income: JP¥2.29b (down 3.0% from 1Q 2023). Profit margin: 6.7% (down from 6.8% in 1Q 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% 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 17
Maruzen Showa Unyu Co., Ltd. to Report Q1, 2024 Results on Aug 07, 2023 Maruzen Showa Unyu Co., Ltd. announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 14
Full year 2023 earnings: EPS in line with expectations, revenues disappoint Full year 2023 results: EPS: JP¥440 (up from JP¥423 in FY 2022). Revenue: JP¥140.9b (up 2.9% from FY 2022). Net income: JP¥8.93b (up 4.1% from FY 2022). Profit margin: 6.3% (in line with FY 2022). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Transportation industry in Japan. 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 10% per year. Announcement • May 13
Maruzen Showa Unyu Co., Ltd., Annual General Meeting, Jun 29, 2023 Maruzen Showa Unyu Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥42.50 per share at 3.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 9.2% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥115 (vs JP¥120 in 3Q 2022) Third quarter 2023 results: EPS: JP¥115 (down from JP¥120 in 3Q 2022). Revenue: JP¥36.7b (up 3.1% from 3Q 2022). Net income: JP¥2.34b (down 3.8% from 3Q 2022). Profit margin: 6.4% (down from 6.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Dec 15
Maruzen Showa Unyu Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023 Maruzen Showa Unyu Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥110 (vs JP¥97.44 in 2Q 2022) Second quarter 2023 results: EPS: JP¥110 (up from JP¥97.44 in 2Q 2022). Revenue: JP¥35.5b (up 7.1% from 2Q 2022). Net income: JP¥2.22b (up 12% from 2Q 2022). Profit margin: 6.3% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Outside Independent Director Izumi Kuwano was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: JP¥110 (vs JP¥97.44 in 2Q 2022) Second quarter 2023 results: EPS: JP¥110 (up from JP¥97.44 in 2Q 2022). Revenue: JP¥35.5b (up 7.1% from 2Q 2022). Net income: JP¥2.22b (up 12% from 2Q 2022). Profit margin: 6.3% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. 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 Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥42.50 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 18% but the company is paying out more than the cash it is generating. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.2%). Announcement • Sep 04
Maruzen Showa Unyu Co., Ltd. to Report Q2, 2023 Results on Nov 09, 2022 Maruzen Showa Unyu Co., Ltd. announced that they will report Q2, 2023 results on Nov 09, 2022 Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: JP¥116 (vs JP¥85.89 in 1Q 2022) First quarter 2023 results: EPS: JP¥116 (up from JP¥85.89 in 1Q 2022). Revenue: JP¥34.4b (up 5.8% from 1Q 2022). Net income: JP¥2.36b (up 35% from 1Q 2022). Profit margin: 6.8% (up from 5.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.1%, compared to a 19% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Announcement • Jun 11
Maruzen Showa Unyu Co., Ltd. to Report Q1, 2023 Results on Aug 08, 2022 Maruzen Showa Unyu Co., Ltd. announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • May 16
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥423 (up from JP¥333 in FY 2021). Revenue: JP¥136.9b (up 13% from FY 2021). Net income: JP¥8.58b (up 27% from FY 2021). Profit margin: 6.3% (up from 5.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 4.1%, compared to a 24% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 1% per year. Announcement • May 14
Maruzen Showa Unyu Co., Ltd., Annual General Meeting, Jun 29, 2022 Maruzen Showa Unyu Co., Ltd., Annual General Meeting, Jun 29, 2022. Announcement • Apr 08
Maruzen Showa Unyu Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Maruzen Showa Unyu Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥37.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 10
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥120 (up from JP¥84.66 in 3Q 2021). Revenue: JP¥35.6b (up 15% from 3Q 2021). Net income: JP¥2.43b (up 42% from 3Q 2021). Profit margin: 6.8% (up from 5.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 4.7%, compared to a 20% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥97.43 (vs JP¥65.13 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥33.2b (up 16% from 2Q 2021). Net income: JP¥1.98b (up 50% from 2Q 2021). Profit margin: 6.0% (up from 4.6% 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 3% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥42.50 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS JP¥85.89 (vs JP¥83.28 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: JP¥32.5b (up 11% from 1Q 2021). Net income: JP¥1.74b (up 3.1% from 1Q 2021). Profit margin: 5.4% (down from 5.8% 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 4% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥333 (vs JP¥396 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥121.1b (down 1.4% from FY 2020). Net income: JP¥6.75b (down 16% from FY 2020). Profit margin: 5.6% (down from 6.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Mar 04
Maruzen Showa Unyu Co., Ltd. to Report Fiscal Year 2021 Results on May 13, 2021 Maruzen Showa Unyu Co., Ltd. announced that they will report fiscal year 2021 results on May 13, 2021 Is New 90 Day High Low • Feb 20
New 90-day low: JP¥3,125 The company is down 3.0% from its price of JP¥3,235 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥6,000 per share. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥84.66 (vs JP¥79.15 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥31.0b (flat on 3Q 2020). Net income: JP¥1.72b (up 7.0% from 3Q 2020). Profit margin: 5.5% (up from 5.1% in 3Q 2020). 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 12% per year. Analyst Estimate Surprise Post Earnings • Feb 10
Revenue behind estimates Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.7%, compared to a 13% growth forecast for the Transportation industry in Japan. Is New 90 Day High Low • Jan 08
New 90-day high: JP¥3,625 The company is up 6.0% from its price of JP¥3,425 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Transportation industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥11,013 per share. Announcement • Dec 03
Maruzen Showa Unyu Co., Ltd. to Report Q3, 2021 Results on Feb 08, 2021 Maruzen Showa Unyu Co., Ltd. announced that they will report Q3, 2021 results on Feb 08, 2021 Announcement • Sep 03
Maruzen Showa Unyu Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Maruzen Showa Unyu Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020