Announcement • Jun 01
Denyo Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Denyo Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 16
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥276. Revenue: JP¥72.2b (up 2.1% from FY 2025). Net income: JP¥5.64b (flat on FY 2025). Profit margin: 7.8% (down from 8.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Electrical industry in Japan. Announcement • May 10
Denyo Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026 Denyo Co., Ltd. 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: 08 June 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥94.43 (vs JP¥84.98 in 3Q 2025) Third quarter 2026 results: EPS: JP¥94.43 (up from JP¥84.98 in 3Q 2025). Revenue: JP¥19.4b (up 5.0% from 3Q 2025). Net income: JP¥1.93b (up 10% from 3Q 2025). Profit margin: 9.9% (in line with 3Q 2025). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 09
First half dividend of JP¥55.00 announced Shareholders will receive a dividend of JP¥55.00. Ex-date: 30th March 2026 Payment date: 8th June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 15% 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 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 29
Denyo Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026 Denyo Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: JP¥55.36 (vs JP¥50.12 in 2Q 2025) Second quarter 2026 results: EPS: JP¥55.36 (up from JP¥50.12 in 2Q 2025). Revenue: JP¥17.8b (up 2.6% from 2Q 2025). Net income: JP¥1.13b (up 9.5% from 2Q 2025). Profit margin: 6.4% (up from 6.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Nov 13
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.6% to JP¥3,070. The fair value is estimated to be JP¥2,550, however this is not to be taken as a sell 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 27%. Revenue is forecast to grow by 10.0% in 2 years. Earnings are forecast to grow by 19% in the next 2 years. Announcement • Nov 13
Denyo Co., Ltd. (TSE:6517) announces an Equity Buyback for 300,000 shares, representing 1.46% for ¥1,000 million. Denyo Co., Ltd. (TSE:6517) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.46% of its issued share capital, for ¥1,000 million. The purpose of the buyback is to improve capital efficiency and shareholder returns,
and to implement flexible capital policies in the future. The program will expire on May 13, 2026. As of September 30, 2025, the company had 20,520,417 shares outstanding and 1,339,243 treasury shares. Buy Or Sell Opportunity • Oct 27
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 6.3% to JP¥3,110. The fair value is estimated to be JP¥2,521, however this is not to be taken as a sell 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 27%. Revenue is forecast to grow by 10.0% in 2 years. Earnings are forecast to grow by 19% in the next 2 years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Announcement • Sep 04
Denyo Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025 Denyo Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥23.66 (vs JP¥60.97 in 1Q 2025) First quarter 2026 results: EPS: JP¥23.66 (down from JP¥60.97 in 1Q 2025). Revenue: JP¥14.1b (down 16% from 1Q 2025). Net income: JP¥484.0m (down 62% from 1Q 2025). Profit margin: 3.4% (down from 7.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 23% 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: 8th December 2025 Dividend yield will be 2.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (23% earnings payout ratio) but not covered by cash flows (130% 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. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 31
Denyo Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Denyo Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 09
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥274 (up from JP¥247 in FY 2024). Revenue: JP¥70.8b (down 3.3% from FY 2024). Net income: JP¥5.65b (up 11% from FY 2024). Profit margin: 8.0% (up from 7.0% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 4.4%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% 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 08
Denyo Co., Ltd., Annual General Meeting, Jun 27, 2025 Denyo Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,130, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 44% over the past three years. Announcement • Mar 27
Denyo Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025 Denyo Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥84.97 (vs JP¥59.58 in 3Q 2024) Third quarter 2025 results: EPS: JP¥84.97 (up from JP¥59.58 in 3Q 2024). Revenue: JP¥18.5b (down 3.4% from 3Q 2024). Net income: JP¥1.75b (up 43% from 3Q 2024). Profit margin: 9.5% (up from 6.4% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Declared Dividend • Dec 07
First half dividend of JP¥40.00 announced Shareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 6th June 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (14% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. 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 7.2% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 30
Denyo Co., Ltd. to Report Q3, 2025 Results on Feb 13, 2025 Denyo Co., Ltd. announced that they will report Q3, 2025 results on Feb 13, 2025 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: 09 December 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%). Announcement • Sep 14
Denyo Co., Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Denyo Co., Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Aug 05
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 5.8% 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. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥2,105, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 13% 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: 9th December 2024 Dividend yield will be 2.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (24% earnings payout ratio) and cash flows (61% 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. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 06
Denyo Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Denyo Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥247 (vs JP¥176 in FY 2023) Full year 2024 results: EPS: JP¥247 (up from JP¥176 in FY 2023). Revenue: JP¥73.1b (up 14% from FY 2023). Net income: JP¥5.10b (up 40% from FY 2023). Profit margin: 7.0% (up from 5.6% 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 13% per year whereas the company’s share price has increased by 9% per year. Announcement • May 11
Denyo Co., Ltd., Annual General Meeting, Jun 27, 2024 Denyo Co., Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 28
Denyo Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024 Denyo Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.8%). Announcement • Feb 14
Denyo Co., Ltd. Provides Dividend Guidance for Full Year Ending March 31, 2024 Denyo Co., Ltd. provides dividend guidance for full year ending March 31, 2024. For the year, the company expects dividend JPY 29.00 per share against JPY 27.00 per share paid for the same period a year ago. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥59.57 (vs JP¥57.75 in 3Q 2023) Third quarter 2024 results: EPS: JP¥59.57 (up from JP¥57.75 in 3Q 2023). Revenue: JP¥19.2b (up 6.9% from 3Q 2023). Net income: JP¥1.23b (up 3.0% from 3Q 2023). Profit margin: 6.4% (down from 6.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Dec 14
Denyo Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Denyo Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥38.37 (vs JP¥26.05 in 2Q 2023) Second quarter 2024 results: EPS: JP¥38.37 (up from JP¥26.05 in 2Q 2023). Revenue: JP¥17.4b (up 12% from 2Q 2023). Net income: JP¥792.0m (up 47% from 2Q 2023). Profit margin: 4.6% (up from 3.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥24.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). Announcement • Aug 27
Denyo Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023 Denyo Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥39.06 (vs JP¥12.55 in 1Q 2023) First quarter 2024 results: EPS: JP¥39.06 (up from JP¥12.55 in 1Q 2023). Revenue: JP¥16.8b (up 32% from 1Q 2023). Net income: JP¥806.0m (up 210% from 1Q 2023). Profit margin: 4.8% (up from 2.0% in 1Q 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 remained flat, which means it is well ahead of earnings. Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥176 (vs JP¥132 in FY 2022) Full year 2023 results: EPS: JP¥176 (up from JP¥132 in FY 2022). Revenue: JP¥64.3b (up 17% from FY 2022). Net income: JP¥3.63b (up 32% from FY 2022). Profit margin: 5.6% (up from 5.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • May 13
Denyo Co., Ltd., Annual General Meeting, Jun 29, 2023 Denyo Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥57.75 (vs JP¥34.84 in 3Q 2022) Third quarter 2023 results: EPS: JP¥57.75 (up from JP¥34.84 in 3Q 2022). Revenue: JP¥17.9b (up 23% from 3Q 2022). Net income: JP¥1.19b (up 64% from 3Q 2022). Profit margin: 6.7% (up from 5.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Dec 15
Denyo Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Denyo Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥26.05 (vs JP¥28.37 in 2Q 2022) Second quarter 2023 results: EPS: JP¥26.05 (down from JP¥28.37 in 2Q 2022). Revenue: JP¥15.5b (up 20% from 2Q 2022). Net income: JP¥540.0m (down 8.8% from 2Q 2022). Profit margin: 3.5% (down from 4.6% 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 17% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Outside Independent Director Akira Yamada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥26.05 (vs JP¥28.37 in 2Q 2022) Second quarter 2023 results: EPS: JP¥26.05 (down from JP¥28.37 in 2Q 2022). Revenue: JP¥15.5b (up 20% from 2Q 2022). Net income: JP¥540.0m (down 8.8% from 2Q 2022). Profit margin: 3.5% (down from 4.6% 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 17% per year whereas the company’s share price has fallen by 13% per year. Announcement • Nov 11
Denyo Co., Ltd. (TSE:6517) announces an Equity Buyback for 120,000 shares, representing 0.58% for ¥163.32 million. Denyo Co., Ltd. (TSE:6517) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 0.58% of its issued share capital (excluding treasury stock), for a total purchase price of ¥163.32 million. The shares will be repurchased at a price of ¥1,361 per share. The purpose of the program is to carry out a flexible capital policy according to the business environment. As of September 30, 2022, the company has 20,775,571 issued shares (excluding treasury stock) and 2,084,089 treasury shares. Announcement • Sep 23
Denyo Co., Ltd. to Report Q2, 2023 Results on Nov 10, 2022 Denyo Co., Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥12.55 (vs JP¥27.86 in 1Q 2022) First quarter 2023 results: EPS: JP¥12.55 (down from JP¥27.86 in 1Q 2022). Revenue: JP¥12.8b (up 6.8% from 1Q 2022). Net income: JP¥260.0m (down 55% from 1Q 2022). Profit margin: 2.0% (down from 4.9% in 1Q 2022). 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 3% per year, which means it is well ahead of earnings. Announcement • May 26
Denyo Co., Ltd. to Report Q1, 2023 Results on Aug 04, 2022 Denyo Co., Ltd. announced that they will report Q1, 2023 results on Aug 04, 2022 Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥132 (vs JP¥185 in FY 2021) Full year 2022 results: EPS: JP¥132 (down from JP¥185 in FY 2021). Revenue: JP¥55.2b (flat on FY 2021). Net income: JP¥2.75b (down 29% from FY 2021). Profit margin: 5.0% (down from 7.0% in FY 2021). 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 4% per year, which means it is well ahead of earnings. Announcement • May 14
Denyo Co., Ltd., Annual General Meeting, Jun 29, 2022 Denyo Co., Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. External Audit & Supervisory Board Member and Outside Independent Director Akira Yamada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 08
Denyo Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Denyo Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 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: 08 June 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥34.84 (down from JP¥50.55 in 3Q 2021). Revenue: JP¥14.6b (up 7.1% from 3Q 2021). Net income: JP¥727.0m (down 31% from 3Q 2021). Profit margin: 5.0% (down from 7.7% 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 3% per year whereas the company’s share price has increased by 7% per year. Announcement • Feb 11
Denyo Co., Ltd. (TSE:6517) announces an Equity Buyback for 150,000 shares, representing 0.72% for ¥300 million. Denyo Co., Ltd. (TSE:6517) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 0.72% of the outstanding shares for ¥300 million. The purpose of the program is to carry out agile capital policies according to the business environment and to return profits to shareholders. As of December 31, 2021, the company had 20,916,296 shares outstanding (excluding treasury stock) and 771,162 shares in treasury. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS JP¥28.37 (vs JP¥28.58 in 2Q 2021) The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2022 results: Revenue: JP¥12.9b (up 4.8% from 2Q 2021). Net income: JP¥592.0m (flat on 2Q 2021). Profit margin: 4.6% (down from 4.9% 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 7% per year whereas the company’s share price has increased by 5% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 09 December 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥27.86 (vs JP¥40.59 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥12.0b (down 8.4% from 1Q 2021). Net income: JP¥581.0m (down 31% from 1Q 2021). Profit margin: 4.9% (down from 6.5% in 1Q 2021). The decrease in margin was driven by lower revenue. 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 7% per year. Announcement • May 19
Denyo Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2021 and Year Ending March 31, 2022 Denyo Co., Ltd. provided earnings guidance for the six months ending September 30, 2021 and year ending March 31, 2022. For the six months, the company expects net sales of JPY 26,000 million, operating profit of JPY 2,000 million, profit attributable to the owners of the parent of JPY 1,500 million or JPY 71.92 per share.
For the year, the company expects net sales of JPY 56,000 million, operating profit of JPY 4,700 million, profit attributable to the owners of the parent of JPY 3,300 million or JPY 158.23 per share. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥185 (vs JP¥194 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥55.0b (down 13% from FY 2020). Net income: JP¥3.86b (down 5.2% from FY 2020). Profit margin: 7.0% (up from 6.5% 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 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 05 June 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.2%). Announcement • Mar 04
Denyo Co., Ltd. to Report Fiscal Year 2021 Results on May 13, 2021 Denyo Co., Ltd. announced that they will report fiscal year 2021 results on May 13, 2021 Is New 90 Day High Low • Feb 26
New 90-day low: JP¥2,017 The company is down 5.0% from its price of JP¥2,126 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 7.0% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥50.54 (vs JP¥60.75 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥13.6b (down 15% from 3Q 2020). Net income: JP¥1.05b (down 17% from 3Q 2020). Profit margin: 7.7% (down from 7.9% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.