Ankündigung • Jun 04
RAIZNEXT Corporation to Report Q1, 2027 Results on Aug 07, 2026 RAIZNEXT Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 16
Full year 2026 earnings released: EPS: JP¥194 (vs JP¥151 in FY 2025) Full year 2026 results: EPS: JP¥194 (up from JP¥151 in FY 2025). Revenue: JP¥174.5b (up 11% from FY 2025). Net income: JP¥10.5b (up 29% from FY 2025). Profit margin: 6.0% (up from 5.1% 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 14% per year whereas the company’s share price has increased by 16% per year. Ankündigung • May 13
RAIZNEXT Corporation, Annual General Meeting, Jun 25, 2026 RAIZNEXT Corporation, Annual General Meeting, Jun 25, 2026. Ankündigung • May 10
RAIZNEXT Corporation to Report Fiscal Year 2026 Results on May 13, 2026 RAIZNEXT Corporation announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥59.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥44.06 (vs JP¥43.77 in 3Q 2025) Third quarter 2026 results: EPS: JP¥44.06 (up from JP¥43.77 in 3Q 2025). Revenue: JP¥42.1b (up 1.9% from 3Q 2025). Net income: JP¥2.38b (flat on 3Q 2025). Profit margin: 5.7% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 09
First half dividend of JP¥59.00 announced Shareholders will receive a dividend of JP¥59.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 4.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (28% 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. However, payments have been volatile during that time. Earnings per share has grown by 8.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Dec 03
RAIZNEXT Corporation to Report Q3, 2026 Results on Feb 13, 2026 RAIZNEXT Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥86.43 (vs JP¥20.12 in 2Q 2025) Second quarter 2026 results: EPS: JP¥86.43 (up from JP¥20.12 in 2Q 2025). Revenue: JP¥53.6b (up 39% from 2Q 2025). Net income: JP¥4.67b (up 333% from 2Q 2025). Profit margin: 8.7% (up from 2.8% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 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. New Risk • Nov 13
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 6.3% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥2,372, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 135% over the past three years. Ankündigung • Sep 01
RAIZNEXT Corporation to Report Q2, 2026 Results on Nov 13, 2025 RAIZNEXT Corporation announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥9.93 (vs JP¥29.22 in 1Q 2025) First quarter 2026 results: EPS: JP¥9.93 (down from JP¥29.22 in 1Q 2025). Revenue: JP¥35.8b (down 2.2% from 1Q 2025). Net income: JP¥536.0m (down 66% from 1Q 2025). Profit margin: 1.5% (down from 4.3% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Declared Dividend • Jul 09
Final dividend increased to JP¥45.00 Dividend of JP¥45.00 is 29% higher than last year. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 5.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (27% 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. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 70% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.6% EPS decline seen over the last 5 years. Board Change • Jul 01
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Noriaki Isa was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: JP¥151 (vs JP¥134 in FY 2024) Full year 2025 results: EPS: JP¥151 (up from JP¥134 in FY 2024). Revenue: JP¥157.4b (up 12% from FY 2024). Net income: JP¥8.10b (up 12% from FY 2024). Profit margin: 5.1% (down from 5.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jun 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.4% to JP¥1,730. The fair value is estimated to be JP¥1,432, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Jun 05
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.1% to JP¥1,727. The fair value is estimated to be JP¥1,439, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years, while earnings per share has been flat. Ankündigung • May 31
RAIZNEXT Corporation to Report Q1, 2026 Results on Aug 08, 2025 RAIZNEXT Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Ankündigung • May 14
RAIZNEXT Corporation, Annual General Meeting, Jun 25, 2025 RAIZNEXT Corporation, Annual General Meeting, Jun 25, 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: 26 June 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%). Ankündigung • Mar 01
RAIZNEXT Corporation to Report Fiscal Year 2025 Results on May 14, 2025 RAIZNEXT Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥43.77 (vs JP¥27.92 in 3Q 2024) Third quarter 2025 results: EPS: JP¥43.77 (up from JP¥27.92 in 3Q 2024). Revenue: JP¥41.3b (up 29% from 3Q 2024). Net income: JP¥2.36b (up 56% from 3Q 2024). Profit margin: 5.7% (up from 4.7% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. 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: 26th June 2025 Dividend yield will be 4.8%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 66% to shift the payout ratio to a potentially unsustainable range, which is more than the 11% EPS decline seen over the last 5 years. Ankündigung • Dec 04
RAIZNEXT Corporation to Report Q3, 2025 Results on Feb 14, 2025 RAIZNEXT Corporation announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥20.12 (vs JP¥40.06 in 2Q 2024) Second quarter 2025 results: EPS: JP¥20.12 (down from JP¥40.06 in 2Q 2024). Revenue: JP¥38.6b (down 4.1% from 2Q 2024). Net income: JP¥1.08b (down 50% from 2Q 2024). Profit margin: 2.8% (down from 5.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.3%). Ankündigung • Aug 27
RAIZNEXT Corporation to Report Q2, 2025 Results on Nov 08, 2024 RAIZNEXT Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥29.22 (vs JP¥12.94 in 1Q 2024) First quarter 2025 results: EPS: JP¥29.22 (up from JP¥12.94 in 1Q 2024). Revenue: JP¥36.6b (up 22% from 1Q 2024). Net income: JP¥1.56b (up 122% from 1Q 2024). Profit margin: 4.3% (up from 2.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Aug 06
Now 28% overvalued Over the last 90 days, the stock has fallen 18% to JP¥1,655. The fair value is estimated to be JP¥1,295, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,488, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 52% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 27th September 2024 Payment date: 6th December 2024 Dividend yield will be 7.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (83% earnings payout ratio) but not covered by cash flows (393% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥134 (vs JP¥143 in FY 2023) Full year 2024 results: EPS: JP¥134 (down from JP¥143 in FY 2023). Revenue: JP¥140.4b (flat on FY 2023). Net income: JP¥7.25b (down 6.4% from FY 2023). Profit margin: 5.2% (down from 5.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Ankündigung • May 17
RAIZNEXT Corporation, Annual General Meeting, Jun 25, 2024 RAIZNEXT Corporation, Annual General Meeting, Jun 25, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥100.00 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 83% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.7%). Ankündigung • Mar 02
RAIZNEXT Corporation to Report Fiscal Year 2024 Results on May 15, 2024 RAIZNEXT Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 45% After last week's 45% share price gain to JP¥2,298, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 130% over the past three years. New Risk • Feb 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings have declined by 2.3% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. New Risk • Feb 10
New major risk - Revenue and earnings growth Earnings have declined by 2.3% 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 Risk Earnings have declined by 2.3% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥27.92 (vs JP¥28.04 in 3Q 2023) Third quarter 2024 results: EPS: JP¥27.92 (down from JP¥28.04 in 3Q 2023). Revenue: JP¥32.1b (down 5.0% from 3Q 2023). Net income: JP¥1.51b (flat on 3Q 2023). Profit margin: 4.7% (up from 4.5% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Ankündigung • Dec 04
RAIZNEXT Corporation (TSE:6379) announces an Equity Buyback for 250,000 shares, representing 0.46% for ¥344 million. RAIZNEXT Corporation (TSE:6379) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 0.46% of its issued share capital (excluding treasury stock), for ¥344 million. The shares will be repurchased at a price of ¥1,376 per share. The purpose of the program is allocation of shares to be delivered as incentives for the restricted stock compensation plan and flexible capital policy in the future. The program will run until December 4, 2023. As of September 30, 2023, the company had 54,139,296 shares in issue (excluding treasury stock) and 28,757 shares in treasury. Ankündigung • Nov 29
RAIZNEXT Corporation to Report Q3, 2024 Results on Feb 09, 2024 RAIZNEXT Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥40.06 (vs JP¥49.24 in 2Q 2023) Second quarter 2024 results: EPS: JP¥40.06 (down from JP¥49.24 in 2Q 2023). Revenue: JP¥40.2b (up 2.3% from 2Q 2023). Net income: JP¥2.17b (down 19% from 2Q 2023). Profit margin: 5.4% (down from 6.8% 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 2% per year whereas the company’s share price has increased by 6% per year. Ankündigung • Aug 27
RAIZNEXT Corporation to Report Q2, 2024 Results on Nov 10, 2023 RAIZNEXT Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥12.94 (vs JP¥24.02 in 1Q 2023) First quarter 2024 results: EPS: JP¥12.94 (down from JP¥24.02 in 1Q 2023). Revenue: JP¥30.0b (up 1.9% from 1Q 2023). Net income: JP¥700.0m (down 46% from 1Q 2023). Profit margin: 2.3% (down from 4.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Ankündigung • May 28
RAIZNEXT Corporation to Report Q1, 2024 Results on Aug 10, 2023 RAIZNEXT Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥143 (vs JP¥143 in FY 2022) Full year 2023 results: EPS: JP¥143 (down from JP¥143 in FY 2022). Revenue: JP¥140.1b (up 7.9% from FY 2022). Net income: JP¥7.74b (flat on FY 2022). Profit margin: 5.5% (down from 6.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥58.00 per share at 3.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥28.04 (vs JP¥17.61 in 3Q 2022) Third quarter 2023 results: EPS: JP¥28.04 (up from JP¥17.61 in 3Q 2022). Revenue: JP¥33.8b (up 28% from 3Q 2022). Net income: JP¥1.52b (up 59% from 3Q 2022). Profit margin: 4.5% (up from 3.6% 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 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Ankündigung • Dec 11
RAIZNEXT Corporation to Report Q3, 2023 Results on Feb 10, 2023 RAIZNEXT Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥49.24 (vs JP¥47.24 in 2Q 2022) Second quarter 2023 results: EPS: JP¥49.24 (up from JP¥47.24 in 2Q 2022). Revenue: JP¥39.3b (up 4.9% from 2Q 2022). Net income: JP¥2.67b (up 4.2% from 2Q 2022). Profit margin: 6.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Noriaki Isa was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥49.24 (vs JP¥47.24 in 2Q 2022) Second quarter 2023 results: EPS: JP¥49.24 (up from JP¥47.24 in 2Q 2022). Revenue: JP¥39.3b (up 4.9% from 2Q 2022). Net income: JP¥2.67b (up 4.2% from 2Q 2022). Profit margin: 6.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Ankündigung • Sep 02
RAIZNEXT Corporation to Report Q2, 2023 Results on Nov 11, 2022 RAIZNEXT Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥24.02 (vs JP¥16.89 in 1Q 2022) First quarter 2023 results: EPS: JP¥24.02 (up from JP¥16.89 in 1Q 2022). Revenue: JP¥29.4b (down 1.6% from 1Q 2022). Net income: JP¥1.30b (up 42% from 1Q 2022). Profit margin: 4.4% (up from 3.1% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Ankündigung • Jul 31
RAIZNEXT Corporation to Report Q1, 2023 Results on Aug 05, 2022 RAIZNEXT Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 17
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥143 (up from JP¥136 in FY 2021). Revenue: JP¥129.8b (down 11% from FY 2021). Net income: JP¥7.75b (up 5.5% from FY 2021). Profit margin: 6.0% (up from 5.0% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 22%. Over the next year, revenue is forecast to grow 11%, compared to a 8.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Price Target Changed • Apr 27
Price target increased to JP¥1,500 Up from JP¥1,033, the current price target is provided by 1 analyst. New target price is 45% above last closing price of JP¥1,034. Stock is down 9.8% over the past year. The company is forecast to post earnings per share of JP¥117 for next year compared to JP¥136 last year. Ankündigung • Apr 08
RAIZNEXT Corporation to Report Fiscal Year 2022 Results on May 13, 2022 RAIZNEXT Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥47.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.1%). Reported Earnings • Feb 07
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥17.61 (down from JP¥32.77 in 3Q 2021). Revenue: JP¥26.4b (down 28% from 3Q 2021). Net income: JP¥954.0m (down 46% from 3Q 2021). Profit margin: 3.6% (down from 4.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 6.3%. Over the next year, revenue is forecast to grow 2.1%, compared to a 6.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥47.24 (vs JP¥38.55 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥37.5b (down 6.3% from 2Q 2021). Net income: JP¥2.56b (up 23% from 2Q 2021). Profit margin: 6.8% (up from 5.2% in 2Q 2021). 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 whereas the company’s share price has increased by 5% per year. 