New Risk • Aug 12
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 6.6% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (JP¥4.26b market cap, or US$26.8m). Reported Earnings • Aug 09
First quarter 2027 earnings released: EPS: JP¥150 (vs JP¥70.66 in 1Q 2026) First quarter 2027 results: EPS: JP¥150 (up from JP¥70.66 in 1Q 2026). Revenue: JP¥2.37b (up 18% from 1Q 2026). Net income: JP¥199.0m (up 110% from 1Q 2026). Profit margin: 8.4% (up from 4.7% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Ankündigung • Jun 03
Morio Denki Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Morio Denki Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥487 (vs JP¥417 in FY 2025) Full year 2026 results: EPS: JP¥487 (up from JP¥417 in FY 2025). Revenue: JP¥8.64b (down 6.2% from FY 2025). Net income: JP¥648.0m (up 14% from FY 2025). Profit margin: 7.5% (up from 6.2% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,585, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 15x in the Electrical industry in Japan. Total returns to shareholders of 71% over the past three years. Ankündigung • May 15
Morio Denki Co., Ltd., Annual General Meeting, Jun 26, 2026 Morio Denki Co., Ltd., Annual General Meeting, Jun 26, 2026. Ankündigung • May 10
Morio Denki Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Morio Denki Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥179 (vs JP¥62.62 in 3Q 2025) Third quarter 2026 results: EPS: JP¥179 (up from JP¥62.62 in 3Q 2025). Revenue: JP¥2.18b (down 1.6% from 3Q 2025). Net income: JP¥237.0m (up 179% from 3Q 2025). Profit margin: 11% (up from 3.8% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. New Risk • Feb 06
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 5.4% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥3.35b market cap, or US$21.3m). Declared Dividend • Jan 08
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 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Jan 07
Morio Denki Co., Ltd. announces Annual dividend, payable on June 30, 2026 Morio Denki Co., Ltd. announced Annual dividend of JPY 50.0000 per share payable on June 30, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Ankündigung • Dec 06
Morio Denki Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Morio Denki Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 09
Second quarter 2026 earnings released: JP¥20.26 loss per share (vs JP¥34.92 profit in 2Q 2025) Second quarter 2026 results: JP¥20.26 loss per share (down from JP¥34.92 profit in 2Q 2025). Revenue: JP¥1.64b (down 22% from 2Q 2025). Net loss: JP¥27.0m (down 156% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,386, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 34% over the past three years. Ankündigung • Sep 02
Morio Denki Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025 Morio Denki Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥70.66 (vs JP¥19.63 in 1Q 2025) First quarter 2026 results: EPS: JP¥70.66 (up from JP¥19.63 in 1Q 2025). Revenue: JP¥2.01b (up 4.0% from 1Q 2025). Net income: JP¥95.0m (up 252% from 1Q 2025). Profit margin: 4.7% (up from 1.4% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 07
Morio Denki Co., Ltd. (TSE:6647) announces an Equity Buyback for 25,000 shares, representing 1.86% for ¥50 million. Morio Denki Co., Ltd. (TSE:6647) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares, representing 1.86% of its issued share capital, for ¥50 million. The shares will be repurchased at a price of ¥1,975 per share. The purpose of the buyback is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of August 6, 2025, the company had 1,344,471 shares in issue(excluding treasury shares) and 80,529 shares in treasury. 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 5.6% 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 4.8% 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 (5.6% average weekly change). Market cap is less than US$100m (JP¥2.51b market cap, or US$17.1m). Ankündigung • Jun 04
Morio Denki Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Morio Denki Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥417 (vs JP¥153 in FY 2024) Full year 2025 results: EPS: JP¥417 (up from JP¥153 in FY 2024). Revenue: JP¥9.21b (up 24% from FY 2024). Net income: JP¥568.0m (up 169% from FY 2024). Profit margin: 6.2% (up from 2.8% in FY 2024). 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 fallen by 2% per year, which means it is significantly lagging earnings. Ankündigung • May 15
Morio Denki Co., Ltd., Annual General Meeting, Jun 27, 2025 Morio Denki Co., Ltd., Annual General Meeting, Jun 27, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 28 June 2025. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Ankündigung • Mar 05
Morio Denki Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Morio Denki Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥62.62 (vs JP¥8.00 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥62.62 (up from JP¥8.00 loss in 3Q 2024). Revenue: JP¥2.22b (up 36% from 3Q 2024). Net income: JP¥85.0m (up JP¥96.0m from 3Q 2024). Profit margin: 3.8% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% 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. Declared Dividend • Jan 06
Dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 28th June 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (46% 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 5.8% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 49% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.1% EPS decline seen over the last 5 years. Ankündigung • Dec 05
Morio Denki Co., Ltd. to Report Q3, 2025 Results on Feb 06, 2025 Morio Denki Co., Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025 Reported Earnings • Nov 11
Second quarter 2025 earnings released: EPS: JP¥34.90 (vs JP¥56.73 in 2Q 2024) Second quarter 2025 results: EPS: JP¥34.90 (down from JP¥56.73 in 2Q 2024). Revenue: JP¥2.11b (up 8.8% from 2Q 2024). Net income: JP¥48.0m (down 39% from 2Q 2024). Profit margin: 2.3% (down from 4.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Ankündigung • Nov 09
Morio Denki Co., Ltd. (TSE:6647) announces an Equity Buyback for 35,000 shares, representing 2.54% for ¥59.5 million. Morio Denki Co., Ltd. (TSE:6647) announces a share repurchase program. Under the program, the company will repurchase up to 35,000 shares, representing 2.54% of its issued share capital, for ¥59.5 million. The shares will be repurchased at a price of ¥1,665 per share. The purpose of the buyback is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will expire on November 11, 2024. As of November 7, 2024, the company had 1,375,271 shares in issue(excluding treasury shares) and 49,729 shares in treasury. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥2.29b market cap, or US$16.2m). Ankündigung • Sep 03
Morio Denki Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Morio Denki Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥19.63 (vs JP¥42.91 in 1Q 2024) First quarter 2025 results: EPS: JP¥19.63 (down from JP¥42.91 in 1Q 2024). Revenue: JP¥1.93b (up 5.6% from 1Q 2024). Net income: JP¥27.0m (down 54% from 1Q 2024). Profit margin: 1.4% (down from 3.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥153 (vs JP¥108 in FY 2023) Full year 2024 results: EPS: JP¥153 (up from JP¥108 in FY 2023). Revenue: JP¥7.45b (down 5.7% from FY 2023). Net income: JP¥211.0m (up 43% from FY 2023). Profit margin: 2.8% (up from 1.9% in FY 2023). 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 remained flat, which means it is well ahead of earnings. Ankündigung • May 17
Morio Denki Co., Ltd., Annual General Meeting, Jun 27, 2024 Morio Denki Co., Ltd., Annual General Meeting, Jun 27, 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: 01 July 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.8%). Ankündigung • Mar 09
Morio Denki Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Morio Denki Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: JP¥8.00 loss per share (vs JP¥6.55 loss in 3Q 2023) Third quarter 2024 results: JP¥8.00 loss per share (further deteriorated from JP¥6.55 loss in 3Q 2023). Revenue: JP¥1.63b (flat on 3Q 2023). Net loss: JP¥11.0m (loss widened 22% from 3Q 2023). 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 1% per year, which means it has not declined as severely as earnings. Ankündigung • Dec 07
Morio Denki Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024 Morio Denki Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥56.70 (vs JP¥38.55 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥56.70 (up from JP¥38.55 loss in 2Q 2023). Revenue: JP¥1.94b (up 26% from 2Q 2023). Net income: JP¥78.0m (up JP¥131.0m from 2Q 2023). Profit margin: 4.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% 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 • Sep 09
Morio Denki Co., Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Morio Denki Co., Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: JP¥42.90 (vs JP¥94.55 in 1Q 2023) First quarter 2024 results: EPS: JP¥42.90 (down from JP¥94.55 in 1Q 2023). Revenue: JP¥1.83b (down 25% from 1Q 2023). Net income: JP¥59.0m (down 55% from 1Q 2023). Profit margin: 3.2% (down from 5.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Ankündigung • Jun 07
Morio Denki Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023 Morio Denki Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023 Reported Earnings • May 19
Full year 2023 earnings released: EPS: JP¥108 (vs JP¥196 in FY 2022) Full year 2023 results: EPS: JP¥108 (down from JP¥196 in FY 2022). Revenue: JP¥7.90b (down 7.1% from FY 2022). Net income: JP¥148.0m (down 45% from FY 2022). Profit margin: 1.9% (down from 3.2% in FY 2022). 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 increased by 1% per year, which means it is well ahead of earnings. Ankündigung • May 16
Morio Denki Co., Ltd., Annual General Meeting, Jun 29, 2023 Morio Denki Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: JP¥6.54 loss per share (vs JP¥209 profit in 3Q 2022) Third quarter 2023 results: JP¥6.54 loss per share (down from JP¥209 profit in 3Q 2022). Revenue: JP¥1.62b (down 37% from 3Q 2022). Net loss: JP¥9.00m (down 103% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Ankündigung • Dec 18
Morio Denki Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023 Morio Denki Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Outside Director Shinichiro Kamata was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: JP¥38.53 loss per share (vs JP¥66.91 loss in 2Q 2022) Second quarter 2023 results: JP¥38.53 loss per share (improved from JP¥66.91 loss in 2Q 2022). Revenue: JP¥1.54b (down 16% from 2Q 2022). Net loss: JP¥53.0m (loss narrowed 42% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 10
Morio Denki Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Morio Denki Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥94.52 (vs JP¥58.18 in 1Q 2022) First quarter 2023 results: EPS: JP¥94.52 (up from JP¥58.18 in 1Q 2022). Revenue: JP¥2.43b (up 14% from 1Q 2022). Net income: JP¥130.0m (up 63% from 1Q 2022). Profit margin: 5.4% (up from 3.7% 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 34% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 05
Morio Denki Co., Ltd. Provides Consolidated Earnings Guidance for the First Half Ending September 2022 and Full Year Ending March 2023 Morio Denki Co., Ltd. provided consolidated earnings guidance for the first half ending September 2022 and full year ending March 2023. For the first half ending September, 2022, the company expects net sales of JPY 4,150 million, operating profit of JPY 150 million, profit attributable to owners of parent of JPY 90 million or basic earnings per share of JPY 65.44.For the year ending March 2023, the company expects net sales of JPY 8,100 million, operating profit of JPY 230 million, profit attributable to owners of parent of JPY 160 million or basic earnings per share of JPY 116.33. Ankündigung • Jun 23
Morio Denki Co., Ltd. to Report Q1, 2023 Results on Aug 04, 2022 Morio Denki Co., Ltd. announced that they will report Q1, 2023 results on Aug 04, 2022 Reported Earnings • May 22
Full year 2022 earnings released: EPS: JP¥196 (vs JP¥148 in FY 2021) Full year 2022 results: EPS: JP¥196 (up from JP¥148 in FY 2021). Revenue: JP¥8.51b (down 11% from FY 2021). Net income: JP¥270.0m (up 32% from FY 2021). Profit margin: 3.2% (up from 2.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Ankündigung • May 16
Morio Denki Co., Ltd., Annual General Meeting, Jun 29, 2022 Morio Denki Co., Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Outside Director Shinichiro Kamata was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 08
Morio Denki Co., Ltd. to Report Fiscal Year 2022 Results on May 16, 2022 Morio Denki Co., Ltd. announced that they will report fiscal year 2022 results on May 16, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 9.5% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.7%). Ankündigung • Feb 08
Morio Denki Co., Ltd. Provides Dividend Guidance for the Full Year Ending March 2022 Morio Denki Co., Ltd. provided dividend guidance for the full year ending March 2022. For the year, the company expects dividend of JPY 30.00 per share. Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥209 (up from JP¥26.91 loss in 3Q 2021). Revenue: JP¥2.56b (up 10% from 3Q 2021). Net income: JP¥287.0m (up JP¥324.0m from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 08
Morio Denki Co., Ltd. Provides Earnings Forecast for the Year Ending March 31, 2022 Morio Denki Co., Ltd. provided earnings forecast for the year ending March 31, 2022. The company forecast net sales of ¥8,500 million. Operating profit of ¥270 million, profit attributable to owners of parent of ¥160 million or Basic earnings per share of ¥116.33. Reported Earnings • Nov 10
Second quarter 2022 earnings released: JP¥66.88 loss per share (vs JP¥61.09 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: JP¥1.84b (down 20% from 2Q 2021). Net loss: JP¥92.0m (down 210% from profit in 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 only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 07
First quarter 2022 earnings released: EPS JP¥58.17 (vs JP¥2.18 loss in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥2.14b (flat on 1Q 2021). Net income: JP¥80.0m (up JP¥83.0m from 1Q 2021). Profit margin: 3.7% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥148 (vs JP¥204 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥9.59b (down 2.8% from FY 2020). Net income: JP¥204.0m (down 27% from FY 2020). Profit margin: 2.1% (down from 2.8% in FY 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 fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.2%). Ankündigung • Mar 17
Morio Denki Co., Ltd. to Report Fiscal Year 2021 Results on May 13, 2021 Morio Denki Co., Ltd. announced that they will report fiscal year 2021 results on May 13, 2021 Reported Earnings • Feb 07
Third quarter 2021 earnings released: JP¥26.89 loss per share (vs JP¥97.46 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥2.32b (down 23% from 3Q 2020). Net loss: JP¥37.0m (down 128% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 04
New 90-day high: JP¥1,879 The company is up 8.0% from its price of JP¥1,742 on 06 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 25% over the same period. Ankündigung • Dec 23
Morio Denki Co., Ltd. to Report Q3, 2021 Results on Feb 04, 2021 Morio Denki Co., Ltd. announced that they will report Q3, 2021 results on Feb 04, 2021 Is New 90 Day High Low • Dec 04
New 90-day high: JP¥1,820 The company is up 9.0% from its price of JP¥1,670 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 28% over the same period. Ankündigung • Oct 10
Morio Denki Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Morio Denki Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020 
