Announcement • Jun 01
Maezawa Kyuso Industries Co.,Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 New Risk • May 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Large one-off items impacting financial results. Announcement • May 13
Maezawa Kyuso Industries Co.,Ltd., Annual General Meeting, Jun 25, 2026 Maezawa Kyuso Industries Co.,Ltd., Annual General Meeting, Jun 25, 2026. Announcement • May 10
Maezawa Kyuso Industries Co.,Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Maezawa Kyuso Industries Co.,Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 46% and the cash payout ratio is 87%. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Announcement • Dec 27
Maezawa Kyuso Industries Co.,Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Declared Dividend • Dec 04
First half dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 13% 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 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 17
First half 2026 earnings released: EPS: JP¥80.66 (vs JP¥52.81 in 1H 2025) First half 2026 results: EPS: JP¥80.66 (up from JP¥52.81 in 1H 2025). Revenue: JP¥15.7b (flat on 1H 2025). Net income: JP¥1.66b (up 49% from 1H 2025). Profit margin: 11% (up from 7.1% in 1H 2025). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 50% and the cash payout ratio is 76%. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Announcement • Sep 02
Maezawa Kyuso Industries Co.,Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Announcement • Aug 08
Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces an Equity Buyback for 450,000 shares, representing 2.17% for ¥591.75 million. Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces a share repurchase program. Under the program, the company will repurchase up to 450,000 shares, representing 2.16% of its issued share capital (excluding treasury stock), for ¥591.75 million. The shares will be repurchased at ¥1,315 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. As of October 31, 2024, the company had 20,737,615 shares in issue (excluding treasury stock) and 762,385 shares in treasury. Declared Dividend • Jul 09
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 5.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (76% 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. Earnings per share has grown by 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 03
Maezawa Kyuso Industries Co.,Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥114 (vs JP¥78.10 in FY 2024) Full year 2025 results: EPS: JP¥114 (up from JP¥78.10 in FY 2024). Revenue: JP¥32.0b (flat on FY 2024). Net income: JP¥2.38b (up 42% from FY 2024). Profit margin: 7.4% (up from 5.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year. Announcement • May 13
Maezawa Kyuso Industries Co.,Ltd., Annual General Meeting, Jun 26, 2025 Maezawa Kyuso Industries Co.,Ltd., Annual General Meeting, Jun 26, 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: 27 June 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Announcement • Mar 01
Maezawa Kyuso Industries Co.,Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Maezawa Kyuso Industries Co.,Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥30.78 (vs JP¥27.00 in 3Q 2024) Third quarter 2025 results: EPS: JP¥30.78 (up from JP¥27.00 in 3Q 2024). Revenue: JP¥8.57b (down 1.7% from 3Q 2024). Net income: JP¥642.0m (up 12% from 3Q 2024). Profit margin: 7.5% (up from 6.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Declared Dividend • Dec 06
First half dividend of JP¥21.00 announced Shareholders will receive a dividend of JP¥21.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (23% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 9.1% 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 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 04
Maezawa Kyuso Industries Co.,Ltd. to Report Q3, 2025 Results on Feb 10, 2025 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: JP¥27.92 (vs JP¥20.85 in 2Q 2024) Second quarter 2025 results: EPS: JP¥27.92 (up from JP¥20.85 in 2Q 2024). Revenue: JP¥7.89b (down 1.3% from 2Q 2024). Net income: JP¥587.0m (up 30% from 2Q 2024). Profit margin: 7.4% (up from 5.6% in 2Q 2024). The increase in margin was driven by lower expenses. 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 9% per year. Announcement • Nov 11
Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces an Equity Buyback for 300,000 shares, representing 1.43% for ¥387.9 million. Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.43% of its issued share capital (excluding treasury stock), for ¥387.9 million. The shares will be repurchased at ¥1,293 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. As of October 31, 2024, the company had 21,012,615 shares in issue (excluding treasury stock) and 487,385 shares in treasury. 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 46% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). Announcement • Aug 28
Maezawa Kyuso Industries Co.,Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: JP¥24.90 (vs JP¥16.28 in 1Q 2024) First quarter 2025 results: EPS: JP¥24.90 (up from JP¥16.28 in 1Q 2024). Revenue: JP¥7.83b (up 2.4% from 1Q 2024). Net income: JP¥527.0m (up 48% from 1Q 2024). Profit margin: 6.7% (up from 4.7% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,188, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 28% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥21.00 announced Shareholders will receive a dividend of JP¥21.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (48% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 9.1% 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 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 28
Maezawa Kyuso Industries Co.,Ltd. to Report Q1, 2025 Results on Aug 07, 2024 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥78.09 (vs JP¥64.74 in FY 2023) Full year 2024 results: EPS: JP¥78.09 (up from JP¥64.74 in FY 2023). Revenue: JP¥32.0b (up 3.2% from FY 2023). Net income: JP¥1.68b (up 17% from FY 2023). Profit margin: 5.3% (up from 4.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • May 15
Maezawa Kyuso Industries Co.,Ltd., Annual General Meeting, Jun 26, 2024 Maezawa Kyuso Industries Co.,Ltd., Annual General Meeting, Jun 26, 2024. Announcement • May 14
Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces an Equity Buyback for 400,000 shares, representing 1.89% for ¥300 million. Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.89% of its issued share capital (excluding treasury stock), for ¥300 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The program will run until August 31, 2024. As of April 30, 2024, the company had 21,208,194 shares in issue (excluding treasury stock) and 291,806 shares in treasury. Announcement • Mar 28
Maezawa Kyuso Industries Co.,Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 Maezawa Kyuso Industries Co.,Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Announcement • Feb 13
Maezawa Kyuso Industries Co.,Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024 Maezawa Kyuso Industries Co.,Ltd. provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 18.00 per share against JPY 18.00 per share paid a year ago. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥26.99 (vs JP¥19.27 in 3Q 2023) Third quarter 2024 results: EPS: JP¥26.99 (up from JP¥19.27 in 3Q 2023). Revenue: JP¥8.72b (up 5.3% from 3Q 2023). Net income: JP¥575.0m (up 35% from 3Q 2023). Profit margin: 6.6% (up from 5.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Nov 29
Maezawa Kyuso Industries Co.,Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: JP¥20.85 (vs JP¥18.37 in 2Q 2023) Second quarter 2024 results: EPS: JP¥20.85 (up from JP¥18.37 in 2Q 2023). Revenue: JP¥7.99b (flat on 2Q 2023). Net income: JP¥451.0m (up 11% from 2Q 2023). Profit margin: 5.6% (up from 5.1% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥18.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Announcement • Aug 27
Maezawa Kyuso Industries Co.,Ltd. to Report Q2, 2024 Results on Nov 13, 2023 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q2, 2024 results on Nov 13, 2023 Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥16.28 (vs JP¥16.45 in 1Q 2023) First quarter 2024 results: EPS: JP¥16.28 (down from JP¥16.45 in 1Q 2023). Revenue: JP¥7.65b (up 3.9% from 1Q 2023). Net income: JP¥357.0m (down 2.2% from 1Q 2023). Profit margin: 4.7% (down from 5.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • May 28
Maezawa Kyuso Industries Co.,Ltd. to Report Q1, 2024 Results on Aug 07, 2023 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥64.74 (vs JP¥67.22 in FY 2022) Full year 2023 results: EPS: JP¥64.74 (down from JP¥67.22 in FY 2022). Revenue: JP¥31.0b (up 7.7% from FY 2022). Net income: JP¥1.43b (down 4.3% from FY 2022). Profit margin: 4.6% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥19.26 (vs JP¥21.09 in 3Q 2022) Third quarter 2023 results: EPS: JP¥19.26 (down from JP¥21.09 in 3Q 2022). Revenue: JP¥8.29b (up 5.7% from 3Q 2022). Net income: JP¥426.0m (down 9.2% from 3Q 2022). Profit margin: 5.1% (down from 6.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year. Announcement • Nov 30
Maezawa Kyuso Industries Co.,Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Misugi Kumazaki 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 13
Second quarter 2023 earnings released: EPS: JP¥18.37 (vs JP¥20.36 in 2Q 2022) Second quarter 2023 results: EPS: JP¥18.37 (down from JP¥20.36 in 2Q 2022). Revenue: JP¥8.04b (up 8.0% from 2Q 2022). Net income: JP¥408.0m (down 10% from 2Q 2022). Profit margin: 5.1% (down from 6.1% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 4% per year. Announcement • Sep 23
Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces an Equity Buyback for 250,000 shares, representing 1.13% for ¥200 million. Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.13% of its issued share capital for ¥200 million. The purpose of the program is to improve capital efficiency and increase shareholder returns. The program is valid till January 31, 2023. As of August 31, 2022, the company had 22,221,181 shares issued (excluding treasury stock) and 778,819 shares in treasury. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 29% and the cash payout ratio is 78%. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Announcement • Aug 28
Maezawa Kyuso Industries Co.,Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥16.45 (vs JP¥14.76 in 1Q 2022) First quarter 2023 results: EPS: JP¥16.45 (up from JP¥14.76 in 1Q 2022). Revenue: JP¥7.36b (up 12% from 1Q 2022). Net income: JP¥365.0m (up 11% from 1Q 2022). Profit margin: 5.0% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year and the company’s share price has also fallen by 4% per year. Announcement • May 29
Maezawa Kyuso Industries Co.,Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥785, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 11x in the Machinery industry in Japan. Total loss to shareholders of 12% over the past three years. Announcement • May 18
Maezawa Kyuso Industries Co.,Ltd., Annual General Meeting, Jun 28, 2022 Maezawa Kyuso Industries Co.,Ltd., Annual General Meeting, Jun 28, 2022. Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥67.22 (vs JP¥83.10 in FY 2021) Full year 2022 results: EPS: JP¥67.22 (down from JP¥83.10 in FY 2021). Revenue: JP¥28.8b (up 4.6% from FY 2021). Net income: JP¥1.50b (down 20% from FY 2021). Profit margin: 5.2% (down from 6.8% in FY 2021). The decrease in margin was driven by higher expenses. 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 5% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 1 highly experienced director. 2 independent directors (6 non-independent directors). Independent Outside Director Hiroshi Shidehara was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
Maezawa Kyuso Industries Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Maezawa Kyuso Industries Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.0%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥21.09 (down from JP¥24.35 in 3Q 2021). Revenue: JP¥7.84b (up 5.8% from 3Q 2021). Net income: JP¥469.0m (down 14% from 3Q 2021). Profit margin: 6.0% (down from 7.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS JP¥20.36 (vs JP¥23.46 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥7.44b (up 4.9% from 2Q 2021). Net income: JP¥455.0m (down 14% from 2Q 2021). Profit margin: 6.1% (down from 7.4% in 2Q 2021). The decrease in margin was driven by higher expenses. 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 4% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Announcement • Aug 06
Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces an Equity Buyback for 240,000 shares, representing 1.07% for ¥200 million. Maezawa Kyuso Industries Co.,Ltd. (TSE:6485) announces a share repurchase program. Under the program, the company will repurchase up to 240,000 shares, representing 1.07% of its issued share capital for ¥200 million. The purpose of the program is to improve capital efficiency and increase shareholder returns. The program is valid till December 23, 2021. As of July 31, 2021, the company had 22,362,912 shares issued (excluding treasury stock) and 637,088 shares in treasury. Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥14.76 (vs JP¥17.69 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥6.60b (up 4.3% from 1Q 2021). Net income: JP¥330.0m (down 17% from 1Q 2021). Profit margin: 5.0% (down from 6.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥166 (vs JP¥78.69 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: JP¥27.5b (up 14% from FY 2020). Net income: JP¥1.87b (up 4.3% from FY 2020). Profit margin: 6.8% (down from 7.4% in FY 2020). The decrease in margin was driven by higher expenses. 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 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Mar 06
Maezawa Kyuso Industries Co.,Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 Maezawa Kyuso Industries Co.,Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Mar 03
New 90-day high: JP¥2,393 The company is up 4.0% from its price of JP¥2,311 on 03 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 7.0% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥48.70 (vs JP¥46.74 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥7.41b (up 23% from 3Q 2020). Net income: JP¥545.0m (up 2.6% from 3Q 2020). Profit margin: 7.4% (down from 8.8% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 8% per year. Is New 90 Day High Low • Feb 02
New 90-day low: JP¥2,159 The company is down 4.0% from its price of JP¥2,240 on 04 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: JP¥2,434 The company is up 16% from its price of JP¥2,095 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 15% over the same period. Announcement • Nov 29
Maezawa Kyuso Industries Co.,Ltd. to Report Q3, 2021 Results on Feb 10, 2021 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021 Announcement • Sep 11
Maezawa Kyuso Industries Co.,Ltd. to Report Q2, 2021 Results on Nov 06, 2020 Maezawa Kyuso Industries Co.,Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020 
