Reported Earnings • May 20
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: JP¥77.52 (down from JP¥88.46 in FY 2025). Revenue: JP¥78.6b (up 3.5% from FY 2025). Net income: JP¥4.26b (down 17% from FY 2025). Profit margin: 5.4% (down from 6.7% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Ankündigung • May 15
Aida Engineering, Ltd., Annual General Meeting, Jun 25, 2026 Aida Engineering, Ltd., Annual General Meeting, Jun 25, 2026. Ankündigung • May 10
Aida Engineering, Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Aida Engineering, Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥37.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥12.30 (vs JP¥15.66 in 3Q 2025) Third quarter 2026 results: EPS: JP¥12.30 (down from JP¥15.66 in 3Q 2025). Revenue: JP¥19.3b (up 9.9% from 3Q 2025). Net income: JP¥668.0m (down 26% from 3Q 2025). Profit margin: 3.5% (down from 5.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% 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 • Jan 08
Dividend of JP¥37.00 announced Dividend of JP¥37.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 2.1% 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. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jan 07
Aida Engineering, Ltd. announces Annual dividend, payable on June 26, 2026 Aida Engineering, Ltd. announced Annual dividend of JPY 37.0000 per share payable on June 26, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Ankündigung • Dec 13
Aida Engineering, Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Aida Engineering, Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Major Estimate Revision • Nov 28
Consensus EPS estimates increase by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥76.5b to JP¥79.0b. EPS estimate increased from JP¥76.50 to JP¥90.20 per share. Net income forecast to shrink 4.5% next year vs 9.0% growth forecast for Machinery industry in Japan . Consensus price target up from JP¥990 to JP¥1,190. Share price rose 2.1% to JP¥1,176 over the past week. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥31.22 (vs JP¥27.30 in 2Q 2025) Second quarter 2026 results: EPS: JP¥31.22 (up from JP¥27.30 in 2Q 2025). Revenue: JP¥20.1b (up 2.5% from 2Q 2025). Net income: JP¥1.70b (up 8.0% from 2Q 2025). Profit margin: 8.4% (up from 8.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Ankündigung • Oct 30
Aida Engineering, Ltd. (TSE:6118) signed an agreement to acquire Dallas Industries, Inc. Aida Engineering, Ltd. (TSE:6118) signed an agreement to acquire Dallas Industries, Inc. on October 28, 2025.
For the period ending December 31, 2024, Dallas Industries, Inc. reported total revenue of $14.5 million.
The expected completion of the transaction is October 31, 2025. Ankündigung • Sep 03
Aida Engineering, Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Aida Engineering, Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥16.56 (vs JP¥13.36 in 1Q 2025) First quarter 2026 results: EPS: JP¥16.56 (up from JP¥13.36 in 1Q 2025). Revenue: JP¥18.6b (up 3.9% from 1Q 2025). Net income: JP¥941.0m (up 21% from 1Q 2025). Profit margin: 5.1% (up from 4.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Ankündigung • Jun 27
Aida Engineering, Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Aida Engineering, Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • Jun 27
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: JP¥88.45 (up from JP¥47.01 in FY 2024). Revenue: JP¥76.0b (up 4.5% from FY 2024). Net income: JP¥5.10b (up 82% from FY 2024). Profit margin: 6.7% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Price Target Changed • Jun 14
Price target increased by 32% to JP¥990 Up from JP¥750, the current price target is provided by 1 analyst. New target price is 9.8% above last closing price of JP¥902. Stock is up 3.2% over the past year. The company is forecast to post earnings per share of JP¥76.50 for next year compared to JP¥88.45 last year. Reported Earnings • May 20
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: JP¥88.45 (up from JP¥47.01 in FY 2024). Revenue: JP¥76.0b (up 4.5% from FY 2024). Net income: JP¥5.10b (up 82% from FY 2024). Profit margin: 6.7% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Ankündigung • May 15
Aida Engineering, Ltd., Annual General Meeting, Jun 25, 2025 Aida Engineering, Ltd., Annual General Meeting, Jun 25, 2025. Ankündigung • Mar 30
Aida Engineering, Ltd. (TSE:6118) announces an Equity Buyback for 3,500,000 shares, representing 5.66% for ¥3,000 million. Aida Engineering, Ltd. (TSE:6118) announces a share repurchase program. Under the program, the company will repurchase up to 3,500,000 shares, representing 5.66% of its share capital, for ¥3,000 million. The purpose of the program is to achieve an "appropriate balance sheet of an appropriate size" that ensures profitability and quality. The company aims to enhance corporate value by addressing challenges faced by customers and society, achieve a Price-to-Book Ratio (PBR) greater than 1.0, and exceed the cost of capital to improve Return on Equity (ROE). Additionally, the repurchase of treasury stock is part of a new capital policy to be announced in May 2025, which focuses on balancing product quality and operating profit margins. Ultimately, the program reflects the company's commitment to enhancing shareholder returns while pursuing long-term growth and stability. The program will expire on June 31, 2025. As of December 31, 2024, the company had 61,887,318 shares outstanding (excluding treasury shares) and 5,317,303 shares in treasury. Ankündigung • Mar 29
Aida Engineering, Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Aida Engineering, Ltd. announced that they will report fiscal year 2025 results on May 15, 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 38% and the cash payout ratio is 76%. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Price Target Changed • Mar 06
Price target decreased by 20% to JP¥750 Down from JP¥940, the current price target is provided by 1 analyst. New target price is 13% below last closing price of JP¥866. Stock is up 2.5% over the past year. The company is forecast to post earnings per share of JP¥88.70 for next year compared to JP¥47.01 last year. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥15.66 (vs JP¥4.67 in 3Q 2024) Third quarter 2025 results: EPS: JP¥15.66 (up from JP¥4.67 in 3Q 2024). Revenue: JP¥17.6b (up 3.1% from 3Q 2024). Net income: JP¥901.0m (up 223% from 3Q 2024). Profit margin: 5.1% (up from 1.6% in 3Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Declared Dividend • Jan 06
Dividend of JP¥30.00 announced Dividend of JP¥30.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 2.3% 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 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jan 03
Aida Engineering, Ltd. to Report Q3, 2025 Results on Feb 12, 2025 Aida Engineering, Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025 Major Estimate Revision • Dec 19
Consensus EPS estimates increase by 21%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥75.0b to JP¥74.0b. EPS estimate rose from JP¥73.60 to JP¥88.70. Net income forecast to grow 24% next year vs 15% growth forecast for Machinery industry in Japan. Consensus price target reaffirmed at JP¥940. Share price was steady at JP¥796 over the past week. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥27.30 (vs JP¥11.30 in 2Q 2024) Second quarter 2025 results: EPS: JP¥27.30 (up from JP¥11.30 in 2Q 2024). Revenue: JP¥19.6b (up 11% from 2Q 2024). Net income: JP¥1.57b (up 133% from 2Q 2024). Profit margin: 8.0% (up from 3.8% in 2Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Ankündigung • Sep 21
Aida Engineering, Ltd. to Report Q2, 2025 Results on Nov 12, 2024 Aida Engineering, Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥13.36 (vs JP¥7.92 in 1Q 2024) First quarter 2025 results: EPS: JP¥13.36 (up from JP¥7.92 in 1Q 2024). Revenue: JP¥17.9b (up 5.9% from 1Q 2024). Net income: JP¥776.0m (up 64% from 1Q 2024). Profit margin: 4.3% (up from 2.8% in 1Q 2024). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. 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¥682, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Machinery industry in Japan. Total loss to shareholders of 28% over the past three years. Ankündigung • Jul 04
Aida Engineering, Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Aida Engineering, Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Major Estimate Revision • Jun 13
Consensus EPS estimates increase by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥74.0b to JP¥75.0b. EPS estimate increased from JP¥64.50 to JP¥73.60 per share. Net income forecast to grow 57% next year vs 11% growth forecast for Machinery industry in Japan. Consensus price target up from JP¥900 to JP¥940. Share price was steady at JP¥853 over the past week. Reported Earnings • May 20
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: JP¥47.01 (up from JP¥21.69 in FY 2023). Revenue: JP¥72.7b (up 5.7% from FY 2023). Net income: JP¥2.81b (up 117% from FY 2023). Profit margin: 3.9% (up from 1.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) missed analyst estimates by 6.3%. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • May 20
New major risk - Revenue and earnings growth Earnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Paying a dividend despite having no free cash flows. Earnings have declined by 35% per year over the past 5 years. Ankündigung • May 17
Aida Engineering, Ltd., Annual General Meeting, Jun 25, 2024 Aida Engineering, Ltd., Annual General Meeting, Jun 25, 2024. Ankündigung • Apr 12
Aida Engineering, Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Aida Engineering, Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is on the higher end at 92% but the company is not cash flow positive. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Ankündigung • Mar 16
Aida Engineering, Ltd. (TSE:6118) announces an Equity Buyback for 2,300,000 shares, representing 3.59% for ¥2,000 million. Aida Engineering, Ltd. (TSE:6118) announces a share repurchase program. Under the program, the company will repurchase up to 2,300,000 shares, representing 3.59% of its share capital, for ¥2,000 million. The company will repurchase its shares in order to to further enhance shareholder returns in accordance with Basic Policies under current Medium-Term Management Plan. The program will expire on June 30, 2024. As of December 31, 2023, the company had 64,047,427 shares outstanding (excluding treasury shares) and 5,400,994 shares in treasury. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: JP¥4.67 (vs JP¥4.67 in 3Q 2023) Third quarter 2024 results: EPS: JP¥4.67 (down from JP¥4.67 in 3Q 2023). Revenue: JP¥17.0b (up 6.7% from 3Q 2023). Net income: JP¥279.0m (flat on 3Q 2023). Profit margin: 1.6% (down from 1.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Ankündigung • Dec 28
Aida Engineering, Ltd. to Report Q3, 2024 Results on Feb 13, 2024 Aida Engineering, Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024 Major Estimate Revision • Dec 05
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥75.0b to JP¥70.0b. EPS estimate also fell from JP¥67.00 per share to JP¥50.20 per share. Net income forecast to grow 76% next year vs 6.9% growth forecast for Machinery industry in Japan. Consensus price target down from JP¥1,010 to JP¥900. Share price fell 6.8% to JP¥827 over the past week. Reported Earnings • Nov 18
Second quarter 2024 earnings released: EPS: JP¥11.30 (vs JP¥11.22 in 2Q 2023) Second quarter 2024 results: EPS: JP¥11.30 (up from JP¥11.22 in 2Q 2023). Revenue: JP¥17.7b (down 4.3% from 2Q 2023). Net income: JP¥675.0m (flat on 2Q 2023). Profit margin: 3.8% (up from 3.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Buying Opportunity • Oct 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.7%. The fair value is estimated to be JP¥1,122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 5.9% in 2 years. Earnings is forecast to grow by 132% in the next 2 years. Ankündigung • Sep 28
Aida Engineering, Ltd. to Report Q2, 2024 Final Results on Nov 14, 2023 Aida Engineering, Ltd. announced that they will report Q2, 2024 final results on Nov 14, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥7.92 (vs JP¥2.93 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥7.92 (up from JP¥2.93 loss in 1Q 2023). Revenue: JP¥16.9b (up 23% from 1Q 2023). Net income: JP¥473.0m (up JP¥648.0m from 1Q 2023). Profit margin: 2.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Ankündigung • Jul 06
Aida Engineering, Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Aida Engineering, Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 17
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥21.69 (up from JP¥15.01 in FY 2022). Revenue: JP¥68.8b (up 10% from FY 2022). Net income: JP¥1.30b (up 45% from FY 2022). Profit margin: 1.9% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Ankündigung • May 16
Aida Engineering, Ltd., Annual General Meeting, Jun 27, 2023 Aida Engineering, Ltd., Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%). Reported Earnings • Feb 19
Third quarter 2023 earnings released: EPS: JP¥4.67 (vs JP¥5.14 in 3Q 2022) Third quarter 2023 results: EPS: JP¥4.67 (down from JP¥5.14 in 3Q 2022). Revenue: JP¥16.0b (down 7.1% from 3Q 2022). Net income: JP¥279.0m (down 9.1% from 3Q 2022). Profit margin: 1.7% (in line with 3Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Ankündigung • Dec 28
Aida Engineering, Ltd. to Report Q3, 2023 Results on Feb 14, 2023 Aida Engineering, Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023 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, 5 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). CEO, President, Division Manager of R&D Headquarters and Chairman Kimikazu Aida is the most experienced director on the board, commencing their role in 1989. Independent Outside Standing Statutory Auditor Junichiro Hiratsuka was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 11
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: JP¥18.5b (up 34% from 2Q 2022). Net income: JP¥670.0m (up 106% from 2Q 2022). Profit margin: 3.6% (up from 2.4% in 2Q 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Ankündigung • Sep 28
Aida Engineering, Ltd. to Report Q2, 2023 Results on Nov 09, 2022 Aida Engineering, Ltd. announced that they will report Q2, 2023 results on Nov 09, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: JP¥2.93 loss per share (vs JP¥3.79 profit in 1Q 2022) First quarter 2023 results: JP¥2.93 loss per share (down from JP¥3.79 profit in 1Q 2022). Revenue: JP¥13.7b (up 4.5% from 1Q 2022). Net loss: JP¥175.0m (down 177% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 19%, compared to a 9.2% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Ankündigung • Jul 09
Aida Engineering, Ltd. to Report Q1, 2023 Results on Aug 09, 2022 Aida Engineering, Ltd. announced that they will report Q1, 2023 results on Aug 09, 2022 Price Target Changed • May 31
Price target decreased to JP¥1,100 Down from JP¥1,240, the current price target is provided by 1 analyst. New target price is 22% above last closing price of JP¥904. Stock is up 2.7% over the past year. The company is forecast to post earnings per share of JP¥73.70 for next year compared to JP¥15.01 last year. Reported Earnings • May 19
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: JP¥15.01 (down from JP¥22.06 in FY 2021). Revenue: JP¥62.5b (up 7.5% from FY 2021). Net income: JP¥896.0m (down 32% from FY 2021). Profit margin: 1.4% (down from 2.3% in FY 2021). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 69%. Over the next year, revenue is forecast to grow 17%, compared to a 7.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Outside Independent Director Mikio Mochizuki 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. Ankündigung • Apr 08
Aida Engineering, Ltd. to Report Fiscal Year 2022 Results on May 16, 2022 Aida Engineering, Ltd. announced that they will report fiscal year 2022 results on May 16, 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: 29 June 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥5.14 (down from JP¥7.79 in 3Q 2021). Revenue: JP¥17.2b (up 28% from 3Q 2021). Net income: JP¥307.0m (down 34% from 3Q 2021). Profit margin: 1.8% (down from 3.5% in 3Q 2021). Revenue exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 11%, compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Ankündigung • Feb 09
Aida Engineering, Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2022 Aida Engineering, Ltd. provided consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expected net sales of JPY 63,000 million, operating profit of JPY 3,000 million, net income attributable to owners of parent of JPY 1,900 million or JPY 31.83 per basic share. Ankündigung • Feb 08
Aida Engineering, Ltd. Provides Dividend Guidance for the Fiscal Year 2022 Aida Engineering, Ltd. provided dividend guidance for the fiscal year 2022. The company expects to pay year-end dividend of JPY 25.00 per share against JPY 20.00 per share paid a year ago. Major Estimate Revision • Dec 23
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥65.0b to JP¥60.0b. EPS estimate also fell from JP¥62.00 per share to JP¥47.70 per share. Net income forecast to grow 226% next year vs 13% growth forecast for Machinery industry in Japan. Consensus price target up from JP¥1,240 to JP¥1,310. Share price was steady at JP¥1,016 over the past week. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥5.46 (vs JP¥15.13 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥13.8b (down 9.0% from 2Q 2021). Net income: JP¥326.0m (down 64% from 2Q 2021). Profit margin: 2.4% (down from 5.9% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,180, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Machinery industry in Japan. Total returns to shareholders of 31% over the past three years. Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS JP¥3.79 (vs JP¥2.35 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥13.1b (up 24% from 1Q 2021). Net income: JP¥226.0m (up JP¥366.0m from 1Q 2021). Profit margin: 1.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥22.06 (vs JP¥66.87 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥58.1b (down 16% from FY 2020). Net income: JP¥1.32b (down 67% from FY 2020). Profit margin: 2.3% (down from 5.8% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. 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: 30 June 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥7.79 (vs JP¥12.81 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥13.5b (down 19% from 3Q 2020). Net income: JP¥465.0m (down 39% from 3Q 2020). Profit margin: 3.5% (down from 4.6% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 05
New 90-day high: JP¥1,032 The company is up 23% from its price of JP¥838 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: JP¥989 The company is up 37% from its price of JP¥722 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 12% over the same period. Ankündigung • Dec 05
Aida Engineering, Ltd. to Report Q3, 2021 Results on Feb 09, 2021 Aida Engineering, Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Dec 02
New 90-day high: JP¥919 The company is up 33% from its price of JP¥690 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 18% over the same period. Ankündigung • Sep 06
Aida Engineering, Ltd. to Report Q2, 2021 Results on Nov 10, 2020 Aida Engineering, Ltd. announced that they will report Q2, 2021 results on Nov 10, 2020