Declared Dividend • May 13
Dividend of JP¥132 announced Shareholders will receive a dividend of JP¥132. Ex-date: 29th September 2026 Payment date: 22nd December 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 12
Second quarter 2026 earnings released: EPS: JP¥113 (vs JP¥117 in 2Q 2025) Second quarter 2026 results: EPS: JP¥113 (down from JP¥117 in 2Q 2025). Revenue: JP¥52.6b (down 4.0% from 2Q 2025). Net income: JP¥3.15b (down 3.3% from 2Q 2025). Profit margin: 6.0% (up from 5.9% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Announcement • May 09
Nishio Holdings Co., Ltd. to Report Q2, 2026 Results on May 11, 2026 Nishio Holdings Co., Ltd. announced that they will report Q2, 2026 results on May 11, 2026 Reported Earnings • Feb 05
First quarter 2026 earnings released: EPS: JP¥129 (vs JP¥131 in 1Q 2025) First quarter 2026 results: EPS: JP¥129 (down from JP¥131 in 1Q 2025). Revenue: JP¥55.3b (flat on 1Q 2025). Net income: JP¥3.57b (down 2.0% from 1Q 2025). Profit margin: 6.5% (in line with 1Q 2025). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Japan. 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 14% per year. Announcement • Dec 09
Nishio Holdings Co., Ltd. to Report Q1, 2026 Results on Feb 04, 2026 Nishio Holdings Co., Ltd. announced that they will report Q1, 2026 results on Feb 04, 2026 Reported Earnings • Nov 12
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥436 (up from JP¥418 in FY 2024). Revenue: JP¥215.0b (up 8.0% from FY 2024). Net income: JP¥12.1b (up 4.4% from FY 2024). Profit margin: 5.6% (down from 5.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 3.1%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Trade Distributors 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 • Nov 10
Nishio Holdings Co., Ltd., Annual General Meeting, Dec 19, 2025 Nishio Holdings Co., Ltd., Annual General Meeting, Dec 19, 2025. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥128 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 22 December 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.9%). Announcement • Sep 04
Nishio Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Nov 10, 2025 Nishio Holdings Co., Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Nov 10, 2025 Announcement • Aug 22
Sanko Kihan Co., Ltd acquired 11.03% stake in Nishio Holdings Co., Ltd. (TSE:9699) from Nishio Trading YK. Sanko Kihan Co., Ltd acquired 11.03% stake in Nishio Holdings Co., Ltd. (TSE:9699) from Nishio Trading YK. on August 22, 2025.
Sanko Kihan Co., Ltd completed the acquisition of 11.03% stake in Nishio Holdings Co., Ltd. (TSE:9699) from Nishio Trading YK. on August 22, 2025. Reported Earnings • Aug 02
Third quarter 2025 earnings released: EPS: JP¥74.74 (vs JP¥101 in 3Q 2024) Third quarter 2025 results: EPS: JP¥74.74 (down from JP¥101 in 3Q 2024). Revenue: JP¥51.6b (up 9.5% from 3Q 2024). Net income: JP¥2.08b (down 26% from 3Q 2024). Profit margin: 4.0% (down from 5.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Announcement • Jun 04
Nishio Holdings Co., Ltd. to Report Q3, 2025 Results on Aug 01, 2025 Nishio Holdings Co., Ltd. announced that they will report Q3, 2025 results on Aug 01, 2025 Declared Dividend • May 10
Dividend of JP¥128 announced Shareholders will receive a dividend of JP¥128. Ex-date: 29th September 2025 Payment date: 22nd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.7% to JP¥3,830. The fair value is estimated to be JP¥4,895, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 9.4% in 2 years. Earnings are forecast to grow by 15% in the next 2 years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,540, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,075 per share. Buy Or Sell Opportunity • Apr 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to JP¥4,030. The fair value is estimated to be JP¥5,095, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Announcement • Mar 04
Nishio Holdings Co., Ltd. to Report Q2, 2025 Results on May 08, 2025 Nishio Holdings Co., Ltd. announced that they will report Q2, 2025 results on May 08, 2025 Buy Or Sell Opportunity • Feb 25
Now 20% undervalued Over the last 90 days, the stock has risen 14% to JP¥4,140. The fair value is estimated to be JP¥5,200, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Reported Earnings • Feb 06
First quarter 2025 earnings released: EPS: JP¥146 (vs JP¥121 in 1Q 2024) First quarter 2025 results: EPS: JP¥146 (up from JP¥121 in 1Q 2024). Revenue: JP¥56.7b (up 8.0% from 1Q 2024). Net income: JP¥4.04b (up 20% from 1Q 2024). Profit margin: 7.1% (up from 6.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Trade Distributors industry in Japan. 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 14% per year. Buy Or Sell Opportunity • Feb 03
Now 22% undervalued Over the last 90 days, the stock has risen 12% to JP¥4,105. The fair value is estimated to be JP¥5,236, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period. Buy Or Sell Opportunity • Jan 14
Now 20% undervalued Over the last 90 days, the stock has risen 9.2% to JP¥4,220. The fair value is estimated to be JP¥5,306, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period. Announcement • Jan 03
Nishio Holdings Co., Ltd. to Report Q1, 2025 Results on Feb 05, 2025 Nishio Holdings Co., Ltd. announced that they will report Q1, 2025 results on Feb 05, 2025 Reported Earnings • Nov 09
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: JP¥418 (up from JP¥371 in FY 2023). Revenue: JP¥199.0b (up 7.2% from FY 2023). Net income: JP¥11.6b (up 13% from FY 2023). Profit margin: 5.8% (up from 5.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Announcement • Nov 08
Nishio Holdings Co., Ltd., Annual General Meeting, Dec 19, 2024 Nishio Holdings Co., Ltd., Annual General Meeting, Dec 19, 2024. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥113 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 23 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%). Announcement • Aug 29
Nishio Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Nov 08, 2024 Nishio Holdings Co., Ltd. announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on Nov 08, 2024 Reported Earnings • Aug 03
Third quarter 2024 earnings released: EPS: JP¥101 (vs JP¥50.65 in 3Q 2023) Third quarter 2024 results: EPS: JP¥101 (up from JP¥50.65 in 3Q 2023). Revenue: JP¥47.1b (up 8.1% from 3Q 2023). Net income: JP¥2.80b (up 99% from 3Q 2023). Profit margin: 5.9% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. 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 9% per year. Announcement • Jun 15
Nishio Holdings Co., Ltd. to Report Q3, 2024 Results on Aug 01, 2024 Nishio Holdings Co., Ltd. announced that they will report Q3, 2024 results on Aug 01, 2024 Declared Dividend • May 11
Dividend of JP¥113 announced Shareholders will receive a dividend of JP¥113. Ex-date: 27th September 2024 Payment date: 23rd December 2024 Dividend yield will be 2.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 09
Second quarter 2024 earnings released: EPS: JP¥109 (vs JP¥102 in 2Q 2023) Second quarter 2024 results: EPS: JP¥109 (up from JP¥102 in 2Q 2023). Revenue: JP¥48.9b (up 7.6% from 2Q 2023). Net income: JP¥3.04b (up 6.8% from 2Q 2023). Profit margin: 6.2% (down from 6.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. 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 • Mar 14
Nishio Holdings Co., Ltd. to Report Q2, 2024 Results on May 08, 2024 Nishio Holdings Co., Ltd. announced that they will report Q2, 2024 results on May 08, 2024 Reported Earnings • Feb 08
First quarter 2024 earnings released: EPS: JP¥121 (vs JP¥112 in 1Q 2023) First quarter 2024 results: EPS: JP¥121 (up from JP¥112 in 1Q 2023). Revenue: JP¥52.5b (up 7.1% from 1Q 2023). Net income: JP¥3.37b (up 8.5% from 1Q 2023). Profit margin: 6.4% (up from 6.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. 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 14% per year. Announcement • Nov 29
Nishio Holdings Co., Ltd. to Report Q1, 2024 Results on Feb 06, 2024 Nishio Holdings Co., Ltd. announced that they will report Q1, 2024 results on Feb 06, 2024 Announcement • Nov 13
Nishio Holdings Co., Ltd., Annual General Meeting, Dec 20, 2023 Nishio Holdings Co., Ltd., Annual General Meeting, Dec 20, 2023. Reported Earnings • Nov 11
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥371 (up from JP¥330 in FY 2022). Revenue: JP¥185.7b (up 8.8% from FY 2022). Net income: JP¥10.3b (up 12% from FY 2022). Profit margin: 5.5% (up from 5.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 18% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥100.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 21 December 2023. 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 (3.3%). In line with average of industry peers (2.8%). Announcement • Sep 02
Nishio Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Nov 10, 2023 Nishio Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Nov 10, 2023 Reported Earnings • Aug 04
Third quarter 2023 earnings released: EPS: JP¥50.65 (vs JP¥40.64 in 3Q 2022) Third quarter 2023 results: EPS: JP¥50.65 (up from JP¥40.64 in 3Q 2022). Revenue: JP¥43.5b (up 7.5% from 3Q 2022). Net income: JP¥1.41b (up 25% from 3Q 2022). Profit margin: 3.2% (up from 2.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. 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 20% per year. Announcement • Jun 28
Nishio Holdings Co., Ltd. to Report Q3, 2023 Results on Aug 03, 2023 Nishio Holdings Co., Ltd. announced that they will report Q3, 2023 results on Aug 03, 2023 Reported Earnings • May 10
Second quarter 2023 earnings released: EPS: JP¥102 (vs JP¥106 in 2Q 2022) Second quarter 2023 results: EPS: JP¥102 (down from JP¥106 in 2Q 2022). Revenue: JP¥45.5b (up 5.4% from 2Q 2022). Net income: JP¥2.84b (down 3.1% from 2Q 2022). Profit margin: 6.3% (down from 6.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Trade Distributors 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 13% per year. Buying Opportunity • Apr 27
Now 20% undervalued Over the last 90 days, the stock is up 2.6%. The fair value is estimated to be JP¥3,941, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 6.3%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 22% in the next 2 years. Buying Opportunity • Apr 05
Now 22% undervalued Over the last 90 days, the stock is up 3.1%. The fair value is estimated to be JP¥3,956, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 6.3%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 22% in the next 2 years. Buying Opportunity • Mar 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 6.9%. The fair value is estimated to be JP¥3,845, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 6.3%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 22% in the next 2 years. Buying Opportunity • Feb 15
Now 20% undervalued Over the last 90 days, the stock is up 2.7%. The fair value is estimated to be JP¥3,794, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 6.3%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 22% in the next 2 years. Reported Earnings • Feb 10
First quarter 2023 earnings released: EPS: JP¥112 (vs JP¥98.48 in 1Q 2022) First quarter 2023 results: EPS: JP¥112 (up from JP¥98.48 in 1Q 2022). Revenue: JP¥49.1b (up 13% from 1Q 2022). Net income: JP¥3.10b (up 14% from 1Q 2022). Profit margin: 6.3% (in line with 1Q 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 1.9% decline forecast for the Trade Distributors 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 remained flat, which means it is significantly lagging earnings. Buying Opportunity • Jan 25
Now 20% undervalued Over the last 90 days, the stock is up 3.8%. The fair value is estimated to be JP¥3,864, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 9.4% per annum over the same time period. Announcement • Dec 28
Nishio Rent All Co., Ltd. to Report Q1, 2023 Results on Feb 06, 2023 Nishio Rent All Co., Ltd. announced that they will report Q1, 2023 results on Feb 06, 2023 Reported Earnings • Dec 27
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥330 (up from JP¥318 in FY 2021). Revenue: JP¥170.6b (up 5.5% from FY 2021). Net income: JP¥9.17b (up 3.8% from FY 2021). Profit margin: 5.4% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Trade Distributors 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. Reported Earnings • Nov 16
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥330 (up from JP¥318 in FY 2021). Revenue: JP¥170.6b (up 5.5% from FY 2021). Net income: JP¥9.17b (up 3.8% from FY 2021). Profit margin: 5.4% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 1.3% decline forecast for the Trade Distributors 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 3% per year. 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. 10 non-independent directors. Independent Outside Director Hiromi Nosaka was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 12
Nishio Rent All Co., Ltd., Annual General Meeting, Dec 20, 2022 Nishio Rent All Co., Ltd., Annual General Meeting, Dec 20, 2022. Reported Earnings • Nov 12
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥330 (up from JP¥318 in FY 2021). Revenue: JP¥170.6b (up 5.5% from FY 2021). Net income: JP¥9.17b (up 3.8% from FY 2021). Profit margin: 5.4% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 1.3% decline forecast for the Trade Distributors 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 3% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥98.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.6%). Announcement • Sep 01
Nishio Rent All Co., Ltd. to Report Fiscal Year 2022 Results on Nov 10, 2022 Nishio Rent All Co., Ltd. announced that they will report fiscal year 2022 results on Nov 10, 2022 Reported Earnings • Aug 05
Third quarter 2022 earnings released: EPS: JP¥40.64 (vs JP¥41.44 in 3Q 2021) Third quarter 2022 results: EPS: JP¥40.64 (down from JP¥41.44 in 3Q 2021). Revenue: JP¥40.5b (up 4.8% from 3Q 2021). Net income: JP¥1.13b (down 1.9% from 3Q 2021). Profit margin: 2.8% (down from 3.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.7% compared to a 2.2% decline forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Announcement • Jun 25
Nishio Rent All Co., Ltd. to Report Q3, 2022 Results on Aug 03, 2022 Nishio Rent All Co., Ltd. announced that they will report Q3, 2022 results on Aug 03, 2022 Announcement • May 12
Nishio Rent All Co., Ltd. (TSE:9699) entered into a tender offer to acquire additional 13.88736% minority stake in Sacos Corporation (TSE:9641) for ¥2.5 billion Nishio Rent All Co., Ltd. (TSE:9699) entered into a tender offer to acquire additional 13.88736% minority stake in Sacos Corporation (TSE:9641) for ¥2.5 billion on May 10, 2022. Under the terms, 5,789,278 shares will be acquired at ¥432 per share. SMBC Nikko Securities Inc. acted as financial advisor to Sacos Corporation. Reported Earnings • May 11
Second quarter 2022 earnings: EPS exceeds analyst expectations Second quarter 2022 results: EPS: JP¥106 (up from JP¥99.75 in 2Q 2021). Revenue: JP¥43.1b (up 6.4% from 2Q 2021). Net income: JP¥2.94b (up 6.0% from 2Q 2021). Profit margin: 6.8% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 4.1%, compared to a 2.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 3% per year. Board Change • Apr 27
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. 10 non-independent directors. Independent Outside Director Hiromi Nosaka was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Nishio Rent All Co., Ltd. to Report Q2, 2022 Results on May 10, 2022 Nishio Rent All Co., Ltd. announced that they will report Q2, 2022 results on May 10, 2022 Reported Earnings • Feb 07
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: JP¥98.48 (up from JP¥69.66 in 1Q 2021). Revenue: JP¥43.4b (up 9.6% from 1Q 2021). Net income: JP¥2.73b (up 41% from 1Q 2021). Profit margin: 6.3% (up from 4.9% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 3.0% compared to a 1.1% decline forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: JP¥318 (up from JP¥232 in FY 2020). Revenue: JP¥161.8b (up 7.0% from FY 2020). Net income: JP¥8.83b (up 37% from FY 2020). Profit margin: 5.5% (up from 4.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 4.2%, compared to a 7.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 11
Full year 2021 earnings released: EPS JP¥318 (vs JP¥232 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥161.8b (up 7.0% from FY 2020). Net income: JP¥8.83b (up 37% from FY 2020). Profit margin: 5.5% (up from 4.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 21 December 2021. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (3.4%). Reported Earnings • Aug 04
Third quarter 2021 earnings released: EPS JP¥41.44 (vs JP¥8.97 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥38.6b (up 21% from 3Q 2020). Net income: JP¥1.15b (up JP¥1.40b from 3Q 2020). Profit margin: 3.0% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Jul 03
Nishio Rent All Co., Ltd. (TSE:9699) acquired ATA Co., Ltd. Nishio Rent All Co., Ltd. (TSE:9699) acquired ATA Co., Ltd. on July 1, 2021.
Nishio Rent All Co., Ltd. (TSE:9699) completed the acquisition of ATA Co., Ltd. on July 1, 2021. Reported Earnings • May 12
Second quarter 2021 earnings released: EPS JP¥99.75 (vs JP¥108 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥40.6b (flat on 2Q 2020). Net income: JP¥2.77b (down 7.3% from 2Q 2020). Profit margin: 6.8% (down from 7.3% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Mar 04
Nishio Rent All Co., Ltd. to Report Q2, 2021 Results on May 10, 2021 Nishio Rent All Co., Ltd. announced that they will report Q2, 2021 results on May 10, 2021 Is New 90 Day High Low • Feb 15
New 90-day high: JP¥2,604 The company is up 18% from its price of JP¥2,198 on 17 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥8,702 per share. Reported Earnings • Feb 07
First quarter 2021 earnings released: EPS JP¥69.66 (vs JP¥111 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥39.6b (down 7.2% from 1Q 2020). Net income: JP¥1.93b (down 37% from 1Q 2020). Profit margin: 4.9% (down from 7.2% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Jan 21
New 90-day high: JP¥2,213 The company is up 3.0% from its price of JP¥2,144 on 23 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,615 per share. Reported Earnings • Dec 27
Full year 2020 earnings released: EPS JP¥232 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥151.2b (down 1.8% from FY 2019). Net income: JP¥6.43b (down 34% from FY 2019). Profit margin: 4.3% (down from 6.3% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Dec 27
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 0.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.7%. Over the next year, revenue is forecast to grow 4.5%, compared to a 3.6% growth forecast for the Trade Distributors industry in Japan. Announcement • Dec 24
Nishio Rent All Co., Ltd. to Report Q1, 2021 Results on Feb 04, 2021 Nishio Rent All Co., Ltd. announced that they will report Q1, 2021 results on Feb 04, 2021 Price Target Changed • Dec 01
Price target lowered to JP¥3,400 Down from JP¥4,700, the current price target is an average from 3 analysts. The new target price is 65% above the current share price of JP¥2,059. As of last close, the stock is down 33% over the past year. Announcement • Sep 12
Nishio Rent All Co., Ltd. to Report Fiscal Year 2020 Results on Nov 10, 2020 Nishio Rent All Co., Ltd. announced that they will report fiscal year 2020 results on Nov 10, 2020 Announcement • Jul 05
Nishio Rent All Co., Ltd. to Report Q3, 2020 Results on Aug 04, 2020 Nishio Rent All Co., Ltd. announced that they will report Q3, 2020 results on Aug 04, 2020 
