Announcement • May 18
Maezawa Kasei Industries Co., Ltd., Annual General Meeting, Jun 23, 2026 Maezawa Kasei Industries Co., Ltd., Annual General Meeting, Jun 23, 2026. Announcement • May 10
Maezawa Kasei Industries Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Maezawa Kasei Industries Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Buy Or Sell Opportunity • Mar 04
Now 21% undervalued Over the last 90 days, the stock has risen 7.9% to JP¥2,262. The fair value is estimated to be JP¥2,850, 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 16%. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥36.09 (vs JP¥34.23 in 3Q 2025) Third quarter 2026 results: EPS: JP¥36.09 (up from JP¥34.23 in 3Q 2025). Revenue: JP¥6.33b (up 1.6% from 3Q 2025). Net income: JP¥536.0m (up 5.5% from 3Q 2025). Profit margin: 8.5% (up from 8.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year. Declared Dividend • Dec 02
First half dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (49% 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 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥35.43 (vs JP¥32.08 in 2Q 2025) Second quarter 2026 results: EPS: JP¥35.43 (up from JP¥32.08 in 2Q 2025). Revenue: JP¥6.15b (up 3.2% from 2Q 2025). Net income: JP¥526.0m (up 11% from 2Q 2025). Profit margin: 8.6% (up from 8.0% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥34.37 (vs JP¥23.99 in 1Q 2025) First quarter 2026 results: EPS: JP¥34.37 (up from JP¥23.99 in 1Q 2025). Revenue: JP¥6.12b (up 8.1% from 1Q 2025). Net income: JP¥510.0m (up 43% from 1Q 2025). Profit margin: 8.3% (up from 6.3% in 1Q 2025). The increase in margin was driven by higher revenue. 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. Declared Dividend • Jul 09
Final dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (108% 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 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: JP¥116 (vs JP¥91.82 in FY 2024) Full year 2025 results: EPS: JP¥116 (up from JP¥91.82 in FY 2024). Revenue: JP¥24.2b (up 1.0% from FY 2024). Net income: JP¥1.71b (up 26% from FY 2024). Profit margin: 7.1% (up from 5.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥116 (vs JP¥91.82 in FY 2024) Full year 2025 results: EPS: JP¥116 (up from JP¥91.82 in FY 2024). Revenue: JP¥24.2b (up 1.0% from FY 2024). Net income: JP¥1.71b (up 26% from FY 2024). Profit margin: 7.1% (up from 5.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Maezawa Kasei Industries Co., Ltd., Annual General Meeting, Jun 24, 2025 Maezawa Kasei Industries Co., Ltd., Annual General Meeting, Jun 24, 2025. Announcement • Mar 27
Maezawa Kasei Industries Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Maezawa Kasei Industries Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥34.23 (vs JP¥27.23 in 3Q 2024) Third quarter 2025 results: EPS: JP¥34.23 (up from JP¥27.23 in 3Q 2024). Revenue: JP¥6.23b (flat on 3Q 2024). Net income: JP¥508.0m (up 26% from 3Q 2024). Profit margin: 8.2% (up from 6.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Declared Dividend • Dec 03
First half dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (105% 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 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥32.08 (vs JP¥23.94 in 2Q 2024) Second quarter 2025 results: EPS: JP¥32.08 (up from JP¥23.94 in 2Q 2024). Revenue: JP¥5.96b (flat on 2Q 2024). Net income: JP¥476.0m (up 34% from 2Q 2024). Profit margin: 8.0% (up from 6.0% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥23.99 (vs JP¥19.09 in 1Q 2024) First quarter 2025 results: EPS: JP¥23.99 (up from JP¥19.09 in 1Q 2024). Revenue: JP¥5.66b (down 1.9% from 1Q 2024). Net income: JP¥356.0m (up 26% from 1Q 2024). Profit margin: 6.3% (up from 4.9% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. 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¥1,561, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 11x in the Building industry in Japan. Total returns to shareholders of 43% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 7.2% 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 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥91.82 (vs JP¥98.63 in FY 2023) Full year 2024 results: EPS: JP¥91.82 (down from JP¥98.63 in FY 2023). Revenue: JP¥23.9b (up 1.8% from FY 2023). Net income: JP¥1.36b (down 6.8% from FY 2023). Profit margin: 5.7% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • May 16
Maezawa Kasei Industries Co., Ltd., Annual General Meeting, Jun 25, 2024 Maezawa Kasei Industries Co., Ltd., Annual General Meeting, Jun 25, 2024. Announcement • Mar 29
Maezawa Kasei Industries Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Maezawa Kasei Industries Co., Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥27.23 (vs JP¥25.10 in 3Q 2023) Third quarter 2024 results: EPS: JP¥27.23 (up from JP¥25.10 in 3Q 2023). Revenue: JP¥6.17b (flat on 3Q 2023). Net income: JP¥404.0m (up 8.6% from 3Q 2023). Profit margin: 6.5% (up from 6.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
Maezawa Kasei Industries Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Maezawa Kasei Industries Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥23.94 (vs JP¥20.98 in 2Q 2023) Second quarter 2024 results: EPS: JP¥23.94 (up from JP¥20.98 in 2Q 2023). Revenue: JP¥5.95b (up 1.1% from 2Q 2023). Net income: JP¥355.0m (up 14% from 2Q 2023). Profit margin: 6.0% (up from 5.3% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥25.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). Announcement • Aug 30
Maezawa Kasei Industries Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Maezawa Kasei Industries Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥19.09 (vs JP¥26.24 in 1Q 2023) First quarter 2024 results: EPS: JP¥19.09 (down from JP¥26.24 in 1Q 2023). Revenue: JP¥5.77b (up 5.3% from 1Q 2023). Net income: JP¥283.0m (down 27% from 1Q 2023). Profit margin: 4.9% (down from 7.1% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
Maezawa Kasei Industries Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Maezawa Kasei Industries Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 21
Full year 2023 earnings released: EPS: JP¥98.63 (vs JP¥53.77 in FY 2022) Full year 2023 results: EPS: JP¥98.63 (up from JP¥53.77 in FY 2022). Revenue: JP¥23.5b (up 7.4% from FY 2022). Net income: JP¥1.46b (up 83% from FY 2022). Profit margin: 6.2% (up from 3.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share at 3.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥25.16 (vs JP¥22.39 in 3Q 2022) Third quarter 2023 results: EPS: JP¥25.16 (up from JP¥22.39 in 3Q 2022). Revenue: JP¥6.12b (up 8.0% from 3Q 2022). Net income: JP¥373.0m (up 12% from 3Q 2022). Profit margin: 6.1% (up from 5.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Dec 28
Maezawa Kasei Industries Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Maezawa Kasei Industries Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Junichi Kondo 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 02
Second quarter 2023 earnings released: EPS: JP¥20.98 (vs JP¥17.95 in 2Q 2022) Second quarter 2023 results: EPS: JP¥20.98 (up from JP¥17.95 in 2Q 2022). Revenue: JP¥5.89b (up 8.2% from 2Q 2022). Net income: JP¥311.0m (up 17% from 2Q 2022). Profit margin: 5.3% (up from 4.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio and cash payout ratio are on the higher end at 75% and 81% respectively. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Announcement • Sep 18
Maezawa Kasei Industries Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022 Maezawa Kasei Industries Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥26.24 (vs JP¥13.70 in 1Q 2022) First quarter 2023 results: EPS: JP¥26.24 (up from JP¥13.70 in 1Q 2022). Revenue: JP¥5.48b (up 7.6% from 1Q 2022). Net income: JP¥389.0m (up 92% from 1Q 2022). Profit margin: 7.1% (up from 4.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
Maezawa Kasei Industries Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Maezawa Kasei Industries Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • Jun 24
Full year 2022 earnings released: EPS: JP¥53.77 (vs JP¥50.95 in FY 2021) Full year 2022 results: EPS: JP¥53.77 (up from JP¥50.95 in FY 2021). Revenue: JP¥21.9b (up 4.3% from FY 2021). Net income: JP¥797.0m (up 5.6% from FY 2021). Profit margin: 3.6% (in line with FY 2021). 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 7% per year. Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥53.77 (vs JP¥50.95 in FY 2021) Full year 2022 results: EPS: JP¥53.77 (up from JP¥50.95 in FY 2021). Revenue: JP¥21.9b (up 4.3% from FY 2021). Net income: JP¥797.0m (up 5.6% from FY 2021). Profit margin: 3.6% (in line with FY 2021). 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 6% per year. Announcement • May 15
Maezawa Kasei Industries Co., Ltd., Annual General Meeting, Jun 21, 2022 Maezawa Kasei Industries Co., Ltd., Annual General Meeting, Jun 21, 2022. 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. 5 experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Outside Independent Director Mami Kato 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. Insufficient board refreshment. Announcement • Apr 08
Maezawa Kasei Industries Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Maezawa Kasei Industries Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥22.39 (up from JP¥11.68 in 3Q 2021). Revenue: JP¥5.67b (up 1.9% from 3Q 2021). Net income: JP¥332.0m (up 92% from 3Q 2021). Profit margin: 5.9% (up from 3.1% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 01
Second quarter 2022 earnings released: EPS JP¥17.95 (vs JP¥11.20 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥5.44b (up 6.3% from 2Q 2021). Net income: JP¥266.0m (up 60% from 2Q 2021). Profit margin: 4.9% (up from 3.2% 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 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 05
First quarter 2022 earnings released: EPS JP¥13.70 (vs JP¥9.58 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥5.10b (up 4.0% from 1Q 2021). Net income: JP¥203.0m (up 43% from 1Q 2021). Profit margin: 4.0% (up from 2.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jun 26
Full year 2021 earnings released: EPS JP¥50.95 (vs JP¥45.68 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥21.0b (down 5.9% from FY 2020). Net income: JP¥755.0m (up 11% from FY 2020). Profit margin: 3.6% (up from 3.0% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥50.95 (vs JP¥45.68 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥21.0b (down 5.9% from FY 2020). Net income: JP¥755.0m (up 11% from FY 2020). Profit margin: 3.6% (up from 3.0% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,111, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 14x in the Building industry in Japan. Total returns to shareholders of 4.7% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 3.1%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥11.68 (vs JP¥17.07 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥5.56b (flat on 3Q 2020). Net income: JP¥173.0m (down 32% from 3Q 2020). Profit margin: 3.1% (down from 4.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 25
New 90-day low: JP¥968 The company is down 1.0% from its price of JP¥978 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 16% over the same period.