Announcement • Jun 12
BYRON HD Inc. concluded an agreement to acquire SOUTH TERRACE CO., LTD from Shima Seiki Mfg.,Ltd. (TSE:6222). BYRON HD Inc. concluded an agreement to acquire SOUTH TERRACE CO., LTD from Shima Seiki Mfg.,Ltd. (TSE:6222) on June 11, 2026. The transfer of shares is scheduled to be completed on August 3, 2026. Announcement • May 17
Shima Seiki Mfg.,Ltd. to Report Q1, 2027 Results on Jul 31, 2026 Shima Seiki Mfg.,Ltd. announced that they will report Q1, 2027 results on Jul 31, 2026 New Risk • May 11
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 7.5% 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: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Announcement • May 11
Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 25, 2026 Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 25, 2026. Reported Earnings • May 09
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: EPS: JP¥25.21 (up from JP¥414 loss in FY 2025). Revenue: JP¥33.5b (up 3.0% from FY 2025). Net income: JP¥856.0m (up JP¥15.1b from FY 2025). Profit margin: 2.6% (up from net loss in FY 2025). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 16% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). New Risk • Mar 04
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 5.7% 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: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (5.7% average weekly change). Reported Earnings • Jan 31
Third quarter 2026 earnings released: JP¥8.32 loss per share (vs JP¥265 loss in 3Q 2025) Third quarter 2026 results: JP¥8.32 loss per share (improved from JP¥265 loss in 3Q 2025). Revenue: JP¥6.17b (down 13% from 3Q 2025). Net loss: JP¥280.0m (loss narrowed 97% from 3Q 2025). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Announcement • Dec 11
Shima Seiki Mfg.,Ltd. to Report Q3, 2026 Results on Jan 30, 2026 Shima Seiki Mfg.,Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026 Declared Dividend • Dec 03
First half dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.0%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Nov 01
Second quarter 2026 earnings released: JP¥6.96 loss per share (vs JP¥50.53 loss in 2Q 2025) Second quarter 2026 results: JP¥6.96 loss per share (improved from JP¥50.53 loss in 2Q 2025). Revenue: JP¥7.57b (up 13% from 2Q 2025). Net loss: JP¥235.0m (loss narrowed 87% from 2Q 2025). Revenue is forecast to grow 7.9% 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 fallen by 57% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.0%). Announcement • Sep 02
Shima Seiki Mfg.,Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Shima Seiki Mfg.,Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥26.34 (vs JP¥11.01 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥26.34 (up from JP¥11.01 loss in 1Q 2025). Revenue: JP¥10.5b (up 31% from 1Q 2025). Net income: JP¥907.0m (up JP¥1.29b from 1Q 2025). Profit margin: 8.6% (up from net loss in 1Q 2025). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 09
Final dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • May 31
Shima Seiki Mfg.,Ltd. to Report Q1, 2026 Results on Jul 31, 2025 Shima Seiki Mfg.,Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 New Risk • May 18
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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 10
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: JP¥414 loss per share (down from JP¥29.84 profit in FY 2024). Revenue: JP¥32.5b (down 9.4% from FY 2024). Net loss: JP¥14.3b (down JP¥15.3b from profit in FY 2024). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 10% p.a. on average during the next 2 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 fallen by 36% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • May 09
Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 26, 2025 Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.1%). Announcement • Mar 01
Shima Seiki Mfg.,Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Shima Seiki Mfg.,Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: JP¥265 loss per share (vs JP¥17.88 profit in 3Q 2024) Third quarter 2025 results: JP¥265 loss per share (down from JP¥17.88 profit in 3Q 2024). Revenue: JP¥7.09b (flat on 3Q 2024). Net loss: JP¥9.16b (down JP¥9.77b from profit in 3Q 2024). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 4.6% 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 fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Dec 05
Shima Seiki Mfg.,Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Shima Seiki Mfg.,Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Reported Earnings • Nov 02
Second quarter 2025 earnings released: JP¥50.52 loss per share (vs JP¥10.78 loss in 2Q 2024) Second quarter 2025 results: JP¥50.52 loss per share (further deteriorated from JP¥10.78 loss in 2Q 2024). Revenue: JP¥6.71b (down 10% from 2Q 2024). Net loss: JP¥1.74b (loss widened 369% from 2Q 2024). Revenue is forecast to grow 17% 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 78% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • Oct 22
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.9%). Announcement • Aug 28
Shima Seiki Mfg.,Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Shima Seiki Mfg.,Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Aug 02
First quarter 2025 earnings released: JP¥11.01 loss per share (vs JP¥21.44 profit in 1Q 2024) First quarter 2025 results: JP¥11.01 loss per share (down from JP¥21.44 profit in 1Q 2024). Revenue: JP¥8.06b (down 31% from 1Q 2024). Net loss: JP¥380.0m (down 151% from profit in 1Q 2024). Revenue is forecast to grow 14% 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 80% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Jun 02
Shima Seiki Mfg.,Ltd. to Report Q1, 2025 Results on Jul 31, 2024 Shima Seiki Mfg.,Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 12
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥29.84 (up from JP¥164 loss in FY 2023). Revenue: JP¥35.9b (down 5.2% from FY 2023). Net income: JP¥1.03b (up JP¥6.67b from FY 2023). Profit margin: 2.9% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 157%. Revenue is forecast to grow 11% p.a. on average during the next 2 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 74% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • May 12
Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 26, 2024 Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.9%). Announcement • Mar 02
Shima Seiki Mfg.,Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Shima Seiki Mfg.,Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥17.88 (vs JP¥15.85 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥17.88 (up from JP¥15.85 loss in 3Q 2023). Revenue: JP¥7.11b (down 20% from 3Q 2023). Net income: JP¥617.0m (up JP¥1.16b from 3Q 2023). Profit margin: 8.7% (up from net loss in 3Q 2023). 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 57% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Dec 10
Shima Seiki Mfg.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Shima Seiki Mfg.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: JP¥10.78 loss per share (vs JP¥5.07 profit in 2Q 2023) Second quarter 2024 results: JP¥10.78 loss per share (down from JP¥5.07 profit in 2Q 2023). Revenue: JP¥7.47b (down 14% from 2Q 2023). Net loss: JP¥372.0m (down 313% from profit in 2Q 2023). Revenue is forecast to grow 9.7% 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 48% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 28
Shima Seiki Mfg.,Ltd. to Report Q2, 2024 Final Results on Oct 31, 2023 Shima Seiki Mfg.,Ltd. announced that they will report Q2, 2024 final results on Oct 31, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥5.00 per share at 0.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 02 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.1%). Breakeven Date Change • Aug 24
Forecast to breakeven in 2024 The analyst covering Shima Seiki Mfg.Ltd expects the company to break even for the first time. New forecast suggests the company will make a profit of JP¥730.0m in 2024. Earnings growth of 95% is required to achieve expected profit on schedule. Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥21.44 (vs JP¥19.88 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥21.44 (up from JP¥19.88 loss in 1Q 2023). Revenue: JP¥11.7b (up 26% from 1Q 2023). Net income: JP¥740.0m (up JP¥1.43b from 1Q 2023). Profit margin: 6.3% (up from net loss in 1Q 2023). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Shima Seiki Mfg.,Ltd. to Report Q1, 2024 Results on Jul 28, 2023 Shima Seiki Mfg.,Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • May 12
Full year 2023 earnings released: JP¥164 loss per share (vs JP¥104 loss in FY 2022) Full year 2023 results: JP¥164 loss per share (further deteriorated from JP¥104 loss in FY 2022). Revenue: JP¥37.9b (up 22% from FY 2022). Net loss: JP¥5.64b (loss widened 57% from FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • May 11
Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 28, 2023 Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: JP¥15.85 loss per share (vs JP¥45.43 loss in 3Q 2022) Third quarter 2023 results: JP¥15.85 loss per share (improved from JP¥45.43 loss in 3Q 2022). Revenue: JP¥8.93b (up 33% from 3Q 2022). Net loss: JP¥547.0m (loss narrowed 65% from 3Q 2022). Revenue is forecast to grow 13% 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 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Dec 17
Shima Seiki Mfg.,Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Shima Seiki Mfg.,Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: JP¥5.07 (vs JP¥23.09 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.07 (up from JP¥23.09 loss in 2Q 2022). Revenue: JP¥8.67b (up 12% from 2Q 2022). Net income: JP¥175.0m (up JP¥972.0m from 2Q 2022). Profit margin: 2.0% (up from net loss in 2Q 2022). Revenue is forecast to grow 14% 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 fallen by 8% per year whereas the company’s share price has fallen by 9% per year. Price Target Changed • Nov 16
Price target decreased to JP¥2,100 Down from JP¥2,300, the current price target is provided by 1 analyst. New target price is 5.6% above last closing price of JP¥1,989. Stock is down 4.8% over the past year. The company is forecast to post earnings per share of JP¥23.18 next year compared to a net loss per share of JP¥104 last year. Board Change • Nov 16
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, 2 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Daisuke Shinkawa was the last independent director to join the board, commencing their role in 2020. 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 • Nov 02
Second quarter 2023 earnings released: EPS: JP¥5.07 (vs JP¥23.09 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.07 (up from JP¥23.09 loss in 2Q 2022). Revenue: JP¥8.67b (up 12% from 2Q 2022). Net income: JP¥175.0m (up JP¥972.0m from 2Q 2022). Profit margin: 2.0% (up from net loss in 2Q 2022). Revenue is forecast to grow 16% 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 fallen by 8% per year whereas the company’s share price has fallen by 10% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.4%). Announcement • Sep 10
Shima Seiki Mfg.,Ltd. to Report Q2, 2023 Results on Oct 31, 2022 Shima Seiki Mfg.,Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: JP¥19.88 loss per share (vs JP¥7.85 loss in 1Q 2022) First quarter 2023 results: JP¥19.88 loss per share (down from JP¥7.85 loss in 1Q 2022). Revenue: JP¥9.25b (up 14% from 1Q 2022). Net loss: JP¥686.0m (loss widened 153% from 1Q 2022). Over the next year, revenue is forecast to grow 50%, compared to a 10.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Jun 23
Shima Seiki Mfg.,Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Shima Seiki Mfg.,Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Announcement • May 12
Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 28, 2022 Shima Seiki Mfg.,Ltd., Annual General Meeting, Jun 28, 2022. Reported Earnings • May 11
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: JP¥104 loss per share (up from JP¥518 loss in FY 2021). Revenue: JP¥31.0b (up 27% from FY 2021). Net loss: JP¥3.59b (loss narrowed 80% from FY 2021). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the next year, revenue is forecast to grow 6.5%, compared to a 8.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Price Target Changed • Apr 27
Price target decreased to JP¥1,800 Down from JP¥2,100, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,768. Stock is down 23% over the past year. The company is forecast to post a net loss per share of JP¥151 next year compared to a net loss per share of JP¥518 last year. Board Change • Apr 27
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: 2 independent directors. 6 non-independent directors. Independent Director Rieko Zamma was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 08
Shima Seiki Mfg.,Ltd. to Report Fiscal Year 2022 Results on May 10, 2022 Shima Seiki Mfg.,Ltd. announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.0%). Major Estimate Revision • Feb 04
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -JP¥43.50 to -JP¥151 per share. Revenue forecast of JP¥29.5b unchanged since last update. Machinery industry in Japan expected to see average net income growth of 14% next year. Consensus price target down from JP¥2,100 to JP¥1,800. Share price fell 3.3% to JP¥1,788 over the past week. Reported Earnings • Jan 30
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: JP¥45.43 loss per share (up from JP¥53.95 loss in 3Q 2021). Revenue: JP¥6.69b (up 16% from 3Q 2021). Net loss: JP¥1.57b (loss narrowed 16% from 3Q 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 148%. Over the next year, revenue is forecast to grow 3.4%, compared to a 9.1% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Buying Opportunity • Jan 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥2,346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 33% per annum over the last 3 years. The company became loss making over the last 3 years. Reported Earnings • Oct 29
Second quarter 2022 earnings released: JP¥23.09 loss per share (vs JP¥50.56 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥7.73b (up 50% from 2Q 2021). Net loss: JP¥797.0m (loss narrowed 54% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.4%). Major Estimate Revision • Aug 06
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -JP¥154 to -JP¥43.46 per share. Revenue forecast unchanged from JP¥31.0b at last update. Machinery industry in Japan expected to see average net income growth of 29% next year. Consensus price target down from JP¥2,300 to JP¥2,100. Share price rose 7.1% to JP¥1,943 over the past week. Reported Earnings • Aug 02
First quarter 2022 earnings released: JP¥7.85 loss per share (vs JP¥42.39 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥8.08b (up 63% from 1Q 2021). Net loss: JP¥271.0m (loss narrowed 82% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • May 09
Full year 2021 earnings released: JP¥518 loss per share (vs JP¥240 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥24.5b (down 26% from FY 2020). Net loss: JP¥17.9b (loss widened 112% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.1%). Announcement • Mar 17
Shima Seiki Mfg.,Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 Shima Seiki Mfg.,Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Is New 90 Day High Low • Feb 25
New 90-day high: JP¥2,361 The company is up 32% from its price of JP¥1,782 on 27 November 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. Is New 90 Day High Low • Feb 04
New 90-day high: JP¥2,243 The company is up 39% from its price of JP¥1,611 on 06 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 19% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: JP¥53.95 loss per share (vs JP¥24.31 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: JP¥5.79b (down 28% from 3Q 2020). Net loss: JP¥1.86b (loss widened 118% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 20
New 90-day high: JP¥1,860 The company is up 8.0% from its price of JP¥1,719 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period. Announcement • Dec 19
Shima Seiki Mfg.,Ltd. to Report Q3, 2021 Results on Jan 29, 2021 Shima Seiki Mfg.,Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Price Target Changed • Dec 01
Price target raised to JP¥1,700 Up from JP¥1,300, the current price target is an average from 2 analysts. The new target price is close to the current share price of JP¥1,762. As of last close, the stock is down 35% over the past year. Announcement • Sep 26
Shima Seiki Mfg.,Ltd. to Report Q2, 2021 Results on Oct 29, 2020 Shima Seiki Mfg.,Ltd. announced that they will report Q2, 2021 results on Oct 29, 2020 Announcement • Jun 29
Shima Seiki Mfg.,Ltd. to Report Q1, 2021 Results on Aug 05, 2020 Shima Seiki Mfg.,Ltd. announced that they will report Q1, 2021 results on Aug 05, 2020