Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥389 (vs JP¥326 in FY 2025) Full year 2026 results: EPS: JP¥389 (up from JP¥326 in FY 2025). Revenue: JP¥584.2b (up 1.5% from FY 2025). Net income: JP¥11.9b (up 11% from FY 2025). Profit margin: 2.0% (up from 1.9% in FY 2025). 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 increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Kamei Corporation, Annual General Meeting, Jun 26, 2026 Kamei Corporation, Annual General Meeting, Jun 26, 2026. Announcement • May 10
Kamei Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Kamei Corporation announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥84.64 (vs JP¥83.41 in 3Q 2025) Third quarter 2026 results: EPS: JP¥84.64. Revenue: JP¥153.8b (up 1.0% from 3Q 2025). Net income: JP¥2.59b (down 5.4% from 3Q 2025). Profit margin: 1.7% (in line with 3Q 2025). Announcement • Dec 17
Kamei Corporation to Report Q3, 2026 Results on Feb 10, 2026 Kamei Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 Declared Dividend • Dec 12
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 21% 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 15
Second quarter 2026 earnings released: EPS: JP¥59.18 (vs JP¥65.23 in 2Q 2025) Second quarter 2026 results: EPS: JP¥59.18 (down from JP¥65.23 in 2Q 2025). Revenue: JP¥127.4b (flat on 2Q 2025). Net income: JP¥1.81b (down 15% from 2Q 2025). Profit margin: 1.4% (down from 1.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%). Announcement • Sep 18
Kamei Corporation to Report Q2, 2026 Results on Nov 13, 2025 Kamei Corporation announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥95.92 (vs JP¥66.52 in 1Q 2025) First quarter 2026 results: EPS: JP¥95.92 (up from JP¥66.52 in 1Q 2025). Revenue: JP¥141.5b (up 8.3% from 1Q 2025). Net income: JP¥2.94b (up 31% from 1Q 2025). Profit margin: 2.1% (up from 1.7% 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 6% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 17
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 2.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio). New Risk • Jul 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 5.3% 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. This is currently the only risk that has been identified for the company. Declared Dividend • Jul 09
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 21% 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. Announcement • Jun 21
Kamei Corporation to Report Q1, 2026 Results on Aug 07, 2025 Kamei Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 15
Full year 2025 earnings released: EPS: JP¥326 (vs JP¥301 in FY 2024) Full year 2025 results: EPS: JP¥326 (up from JP¥301 in FY 2024). Revenue: JP¥575.8b (flat on FY 2024). Net income: JP¥10.7b (up 5.7% from FY 2024). Profit margin: 1.9% (up from 1.8% in FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥2,306, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 138% over the past three years. Announcement • May 13
Kamei Corporation, Annual General Meeting, Jun 27, 2025 Kamei Corporation, Annual General Meeting, Jun 27, 2025. 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¥1,678, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 83% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.3%). Announcement • Mar 18
Kamei Corporation to Report Fiscal Year 2025 Results on May 13, 2025 Kamei Corporation announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥83.41 (vs JP¥62.80 in 3Q 2024) Third quarter 2025 results: EPS: JP¥83.41 (up from JP¥62.80 in 3Q 2024). Revenue: JP¥152.3b (up 1.5% from 3Q 2024). Net income: JP¥2.74b (up 30% from 3Q 2024). Profit margin: 1.8% (up from 1.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 14
Kamei Corporation (TSE:8037) announces an Equity Buyback for 2,200,000 shares, representing 6.71% for ¥4,026 million. Kamei Corporation (TSE:8037) announces a share repurchase program. Under the program, the company will repurchase 2,200,000 shares, representing 6.71% of the outstanding shares for ¥4,026 million. The shares will be repurchased at a price of ¥1,830 per share. The purpose of the program is to improve shareholder value and enable the implementation of flexible capital policies in response to changes in the business environment. As of January 31, 2025, the company had 32,799,808 shares outstanding and 4,792,161 shares in treasury. Announcement • Jan 03
Kamei Corporation to Report Q3, 2025 Results on Feb 06, 2025 Kamei Corporation announced that they will report Q3, 2025 results on Feb 06, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥65.22 (vs JP¥61.58 in 2Q 2024) Second quarter 2025 results: EPS: JP¥65.22 (up from JP¥61.58 in 2Q 2024). Revenue: JP¥126.9b (down 2.1% from 2Q 2024). Net income: JP¥2.14b (up 3.4% from 2Q 2024). Profit margin: 1.7% (up from 1.6% 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 4% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 17% 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 • Sep 04
Kamei Corporation to Report Q2, 2025 Results on Nov 07, 2024 Kamei Corporation announced that they will report Q2, 2025 results on Nov 07, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥66.52 (vs JP¥80.24 in 1Q 2024) First quarter 2025 results: EPS: JP¥66.52 (down from JP¥80.24 in 1Q 2024). Revenue: JP¥130.6b (down 1.7% from 1Q 2024). Net income: JP¥2.24b (down 17% from 1Q 2024). Profit margin: 1.7% (down from 2.0% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 20% 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 21% After last week's 21% share price decline to JP¥1,725, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 64% over the past three years. New Risk • Jul 08
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 5.3% 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. This is currently the only risk that has been identified for the company. Announcement • Jun 08
Kamei Corporation to Report Q1, 2025 Results on Aug 08, 2024 Kamei Corporation announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥301 (vs JP¥255 in FY 2023) Full year 2024 results: EPS: JP¥301 (up from JP¥255 in FY 2023). Revenue: JP¥573.5b (up 3.9% from FY 2023). Net income: JP¥10.1b (up 18% from FY 2023). Profit margin: 1.8% (up from 1.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • May 13
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to JP¥2,249. The fair value is estimated to be JP¥1,723, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 5.0%. Buy Or Sell Opportunity • Mar 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to JP¥2,060. The fair value is estimated to be JP¥1,698, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 5.0%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.4%). Announcement • Mar 13
Kamei Corporation to Report Fiscal Year 2024 Results on May 13, 2024 Kamei Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Buy Or Sell Opportunity • Mar 12
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to JP¥2,063. The fair value is estimated to be JP¥1,718, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 5.0%. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥62.80 (vs JP¥64.32 in 3Q 2023) Third quarter 2024 results: EPS: JP¥62.80 (down from JP¥64.32 in 3Q 2023). Revenue: JP¥150.0b (up 1.8% from 3Q 2023). Net income: JP¥2.11b (down 2.4% from 3Q 2023). Profit margin: 1.4% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 24
Kamei Corporation to Report Q3, 2024 Results on Feb 08, 2024 Kamei Corporation announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥61.58 (vs JP¥68.36 in 2Q 2023) Second quarter 2024 results: EPS: JP¥61.58 (down from JP¥68.36 in 2Q 2023). Revenue: JP¥129.7b (up 6.8% from 2Q 2023). Net income: JP¥2.07b (down 9.9% from 2Q 2023). Profit margin: 1.6% (down from 1.9% in 2Q 2023). The decrease in margin was driven by higher expenses. 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 10% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥20.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.8%). Announcement • Aug 30
Kamei Corporation to Report Q2, 2024 Results on Nov 09, 2023 Kamei Corporation announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥80.24 (vs JP¥76.58 in 1Q 2023) First quarter 2024 results: EPS: JP¥80.24 (up from JP¥76.58 in 1Q 2023). Revenue: JP¥132.9b (up 6.8% from 1Q 2023). Net income: JP¥2.70b (up 4.8% from 1Q 2023). Profit margin: 2.0% (down from 2.1% 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 11% per year and the company’s share price has also increased by 11% per year. Announcement • Jun 18
Kamei Corporation to Report Q1, 2024 Results on Aug 09, 2023 Kamei Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 13
Full year 2023 earnings released: EPS: JP¥255 (vs JP¥253 in FY 2022) Full year 2023 results: EPS: JP¥255 (up from JP¥253 in FY 2022). Revenue: JP¥552.2b (up 14% from FY 2022). Net income: JP¥8.56b (flat on FY 2022). Profit margin: 1.6% (down from 1.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year. Announcement • May 13
Kamei Corporation, Annual General Meeting, Jun 29, 2023 Kamei Corporation, Annual General Meeting, Jun 29, 2023. Buying Opportunity • Apr 05
Now 21% undervalued Over the last 90 days, the stock is up 23%. The fair value is estimated to be JP¥1,840, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 15%. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.50 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.8%). Buying Opportunity • Mar 14
Now 21% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be JP¥1,784, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 15%. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥64.32 (vs JP¥45.98 in 3Q 2022) Third quarter 2023 results: EPS: JP¥64.32 (up from JP¥45.98 in 3Q 2022). Revenue: JP¥147.3b (up 12% from 3Q 2022). Net income: JP¥2.16b (up 40% from 3Q 2022). Profit margin: 1.5% (up from 1.2% 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 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 02
Now 21% undervalued Over the last 90 days, the stock is up 30%. The fair value is estimated to be JP¥1,806, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has grown by 13%. Announcement • Dec 17
Kamei Corporation to Report Q3, 2023 Results on Feb 09, 2023 Kamei Corporation announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥68.36 (vs JP¥46.67 in 2Q 2022) Second quarter 2023 results: EPS: JP¥68.36 (up from JP¥46.67 in 2Q 2022). Revenue: JP¥121.5b (up 16% from 2Q 2022). Net income: JP¥2.30b (up 47% from 2Q 2022). Profit margin: 1.9% (up from 1.5% 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 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥68.36 (vs JP¥46.67 in 2Q 2022) Second quarter 2023 results: EPS: JP¥68.36 (up from JP¥46.67 in 2Q 2022). Revenue: JP¥121.5b (up 16% from 2Q 2022). Net income: JP¥2.30b (up 47% from 2Q 2022). Profit margin: 1.9% (up from 1.5% 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 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥18.50 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.6%). Announcement • Sep 17
Kamei Corporation to Report Q2, 2023 Results on Nov 10, 2022 Kamei Corporation announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥76.58 (vs JP¥51.25 in 1Q 2022) First quarter 2023 results: EPS: JP¥76.58 (up from JP¥51.25 in 1Q 2022). Revenue: JP¥124.4b (up 26% from 1Q 2022). Net income: JP¥2.57b (up 49% from 1Q 2022). Profit margin: 2.1% (up from 1.7% 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 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
Kamei Corporation to Report Q1, 2023 Results on Aug 09, 2022 Kamei Corporation announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥253 (vs JP¥234 in FY 2021) Full year 2022 results: EPS: JP¥253 (up from JP¥234 in FY 2021). Revenue: JP¥483.4b (up 19% from FY 2021). Net income: JP¥8.51b (up 8.5% from FY 2021). Profit margin: 1.8% (down from 1.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • May 14
Kamei Corporation, Annual General Meeting, Jun 29, 2022 Kamei Corporation, Annual General Meeting, Jun 29, 2022. Announcement • Apr 08
Kamei Corporation to Report Fiscal Year 2022 Results on May 12, 2022 Kamei Corporation announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.4%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥45.98 (down from JP¥68.48 in 3Q 2021). Revenue: JP¥131.5b (up 20% from 3Q 2021). Net income: JP¥1.55b (down 33% from 3Q 2021). Profit margin: 1.2% (down from 2.1% 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 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS JP¥46.67 (vs JP¥40.66 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥104.9b (up 16% from 2Q 2021). Net income: JP¥1.57b (up 15% from 2Q 2021). Profit margin: 1.5% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥17.50 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (3.4%). Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥234 (vs JP¥201 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¥405.3b (down 11% from FY 2020). Net income: JP¥7.85b (up 16% from FY 2020). Profit margin: 1.9% (up from 1.5% 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 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (3.0%). Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥68.48 (vs JP¥57.92 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥109.9b (down 8.9% from 3Q 2020). Net income: JP¥2.30b (up 18% from 3Q 2020). Profit margin: 2.1% (up from 1.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 09
New 90-day high: JP¥1,288 The company is up 8.0% from its price of JP¥1,193 on 11 November 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. Announcement • Oct 10
Kamei Corporation to Report Q2, 2021 Results on Nov 11, 2020 Kamei Corporation announced that they will report Q2, 2021 results on Nov 11, 2020 Announcement • Jun 29
Kamei Corporation to Report Q1, 2021 Results on Aug 06, 2020 Kamei Corporation announced that they will report Q1, 2021 results on Aug 06, 2020 
