Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to JP¥3,645, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 119% over the past three years. Board Change • Jun 11
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. 7 non-independent directors. Independent Director Takumi Nagano was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥217 (vs JP¥173 in FY 2025) Full year 2026 results: EPS: JP¥217 (up from JP¥173 in FY 2025). Revenue: JP¥23.5b (flat on FY 2025). Net income: JP¥2.97b (up 20% from FY 2025). Profit margin: 13% (up from 10% in FY 2025). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Ankündigung • May 15
Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 25, 2026 Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 25, 2026. New Risk • May 09
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 6.9% 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. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.3%). Board Change • Mar 18
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Takumi Nagano was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥2,474, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 16x in the Chemicals industry in Japan. Total returns to shareholders of 85% over the past three years. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥58.17 (vs JP¥51.19 in 3Q 2025) Third quarter 2026 results: EPS: JP¥58.17 (up from JP¥51.19 in 3Q 2025). Revenue: JP¥5.91b (down 1.2% from 3Q 2025). Net income: JP¥795.0m (up 11% from 3Q 2025). Profit margin: 14% (up from 12% 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 21% per year whereas the company’s share price has increased by 22% per year. Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥59.33 (vs JP¥44.47 in 2Q 2025) Second quarter 2026 results: EPS: JP¥59.33 (up from JP¥44.47 in 2Q 2025). Revenue: JP¥6.02b (flat on 2Q 2025). Net income: JP¥810.6m (up 24% from 2Q 2025). Profit margin: 14% (up from 11% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 21% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%). Reported Earnings • Jul 27
First quarter 2026 earnings released: EPS: JP¥33.56 (vs JP¥42.66 in 1Q 2025) First quarter 2026 results: EPS: JP¥33.56 (down from JP¥42.66 in 1Q 2025). Revenue: JP¥5.57b (down 6.9% from 1Q 2025). Net income: JP¥458.4m (down 28% from 1Q 2025). Profit margin: 8.2% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Declared Dividend • Jul 09
Final dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 12% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥173 (vs JP¥128 in FY 2024) Full year 2025 results: EPS: JP¥173 (up from JP¥128 in FY 2024). Revenue: JP¥23.6b (up 14% from FY 2024). Net income: JP¥2.47b (up 29% from FY 2024). Profit margin: 10% (up from 9.2% 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 13% per year whereas the company’s share price has increased by 16% per year. Ankündigung • May 15
Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 26, 2025 Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 26, 2025. New Risk • Apr 07
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 5.7% 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 • Apr 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,814, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 54% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥52.28 (vs JP¥32.50 in 3Q 2024) Third quarter 2025 results: EPS: JP¥52.28 (up from JP¥32.50 in 3Q 2024). Revenue: JP¥5.98b (up 11% from 3Q 2024). Net income: JP¥714.0m (up 47% from 3Q 2024). Profit margin: 12% (up from 9.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 03
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 12% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Nov 27
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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥45.40 (vs JP¥37.22 in 2Q 2024) Second quarter 2025 results: EPS: JP¥45.40 (up from JP¥37.22 in 2Q 2024). Revenue: JP¥6.05b (up 15% from 2Q 2024). Net income: JP¥651.5m (up 17% from 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%). Ankündigung • Sep 13
Ishihara Chemical Co., Ltd. (TSE:4462) announces an Equity Buyback for 910,000 shares, representing 6.25% for ¥2,330 million. Ishihara Chemical Co., Ltd. (TSE:4462) announces a share repurchase program. Under the program, the company will repurchase up to 910,000 shares, representing 6.25% of its issued share capital for ¥2,330 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement flexible capital policies in response to changes in the business environment. The program is valid till November 30, 2024. As of September 2, 2024, the company had 14,567,521 shares issued (excluding treasury stock) and 1,406,159 shares in treasury. 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¥2,029, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 80% over the past three years. Reported Earnings • Jul 27
First quarter 2025 earnings released: EPS: JP¥42.63 (vs JP¥23.12 in 1Q 2024) First quarter 2025 results: EPS: JP¥42.63 (up from JP¥23.12 in 1Q 2024). Revenue: JP¥5.98b (up 26% from 1Q 2024). Net income: JP¥635.0m (up 83% from 1Q 2024). Profit margin: 11% (up from 7.3% 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 32% per year, which means it is well ahead of earnings. New Risk • Jul 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Declared Dividend • Jul 11
Final dividend increased to JP¥20.00 Dividend of JP¥20.00 is 11% higher than last year. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 12% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jul 01
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to JP¥2,336. The fair value is estimated to be JP¥1,771, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Jun 18
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to JP¥2,155. The fair value is estimated to be JP¥1,764, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years, while earnings per share has been flat. Reported Earnings • May 17
Full year 2024 earnings released: EPS: JP¥127 (vs JP¥110 in FY 2023) Full year 2024 results: EPS: JP¥127 (up from JP¥110 in FY 2023). Revenue: JP¥20.7b (up 1.8% from FY 2023). Net income: JP¥1.91b (up 13% from FY 2023). Profit margin: 9.2% (up from 8.3% in FY 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Ankündigung • May 17
Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 26, 2024 Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.1%). Ankündigung • Mar 02
Ishihara Chemical Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Ishihara Chemical Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥32.46 (vs JP¥23.87 in 3Q 2023) Third quarter 2024 results: EPS: JP¥32.46 (up from JP¥23.87 in 3Q 2023). Revenue: JP¥5.38b (up 3.8% from 3Q 2023). Net income: JP¥484.6m (up 33% from 3Q 2023). Profit margin: 9.0% (up from 7.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to JP¥2,086, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 107% over the past three years. New Risk • Nov 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 5.5% 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 Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (5.5% average weekly change). Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥37.22 (vs JP¥28.26 in 2Q 2023) Second quarter 2024 results: EPS: JP¥37.22 (up from JP¥28.26 in 2Q 2023). Revenue: JP¥5.27b (flat on 2Q 2023). Net income: JP¥556.0m (up 29% from 2Q 2023). Profit margin: 11% (up from 8.2% in 2Q 2023). 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 20% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥18.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 34% and the cash payout ratio is 89%. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.5%). Ankündigung • Aug 01
Ishihara Chemical Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year of Fiscal Ending March 31, 2024 Ishihara Chemical Co., Ltd. provided consolidated earnings guidance for the six months and full year of fiscal ending March 31, 2024. For the six months ending September 30, 2023, The company expects net sales to be JPY 10,200 million, Operating profit to be JPY 1,290 million, profit attributable to owners of parent to be JPY 960 million or JPY 64.12 per basic share.For the Full year, The company expects net sales to be JPY 21,400 million, Operating profit to be JPY 2,700 million, profit attributable to owners of parent to be JPY 2,010 million or JPY 134.47 per basic share. Ankündigung • Jul 31
Ishihara Chemical Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Ending March 31, 2024 Ishihara Chemical Co., Ltd. provides dividend guidance for the second quarter and full year of fiscal ending March 31, 2024. For the second quarter, the company expects to pay JPY 18.00 against JPY 17.00 reported a year ago.For the full year, the company expects to pay JPY 18.00 against JPY 17.00 reported a year ago. Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: JP¥23.12 (vs JP¥33.34 in 1Q 2023) First quarter 2024 results: EPS: JP¥23.12 (down from JP¥33.34 in 1Q 2023). Revenue: JP¥4.77b (down 7.0% from 1Q 2023). Net income: JP¥347.0m (down 32% from 1Q 2023). Profit margin: 7.3% (down from 10.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year. Ankündigung • May 17
Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 28, 2023 Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 28, 2023. Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥110 (vs JP¥130 in FY 2022) Full year 2023 results: EPS: JP¥110 (down from JP¥130 in FY 2022). Revenue: JP¥20.3b (up 6.9% from FY 2022). Net income: JP¥1.68b (down 18% from FY 2022). Profit margin: 8.3% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.8%). Ankündigung • Feb 01
Ishihara Chemical Co., Ltd. (TSE:4462) announces an Equity Buyback for 400,000 shares, representing 2.62% for ¥500 million. Ishihara Chemical Co., Ltd. (TSE:4462) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.62% of its issued share capital for ¥500 million. The purpose of the program is to return profits to shareholders, improve capital efficiency and implement agile capital policies in response to changes in the business environment. The program is valid till September 30, 2023. As of December 31, 2022, the company had 15,252,472 shares issued (excluding treasury stock) and 1,055,808 shares in treasury. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥23.86 (vs JP¥28.60 in 3Q 2022) Third quarter 2023 results: EPS: JP¥23.86 (down from JP¥28.60 in 3Q 2022). Revenue: JP¥5.19b (up 9.5% from 3Q 2022). Net income: JP¥364.0m (down 19% from 3Q 2022). Profit margin: 7.0% (down from 9.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Ankündigung • Dec 28
Ishihara Chemical Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Ishihara Chemical Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥28.26 (vs JP¥38.49 in 2Q 2022) Second quarter 2023 results: EPS: JP¥28.26 (down from JP¥38.49 in 2Q 2022). Revenue: JP¥5.24b (up 7.1% from 2Q 2022). Net income: JP¥431.0m (down 28% from 2Q 2022). Profit margin: 8.2% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 12% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). External Auditor Takumi Nagano was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥28.26 (vs JP¥38.49 in 2Q 2022) Second quarter 2023 results: EPS: JP¥28.26 (down from JP¥38.49 in 2Q 2022). Revenue: JP¥5.24b (up 7.1% from 2Q 2022). Net income: JP¥431.0m (down 28% from 2Q 2022). Profit margin: 8.2% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 12% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.9%). Ankündigung • Aug 31
Ishihara Chemical Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022 Ishihara Chemical Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥33.34 (vs JP¥33.18 in 1Q 2022) First quarter 2023 results: EPS: JP¥33.34. Revenue: JP¥5.13b (up 8.8% from 1Q 2022). Net income: JP¥513.0m (down 3.8% from 1Q 2022). Profit margin: 10.0% (down from 11% in 1Q 2022). The decrease in margin was driven by higher expenses. Ankündigung • Jun 04
Ishihara Chemical Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022 Ishihara Chemical Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022 Ankündigung • May 26
Ishihara Chemical Co., Ltd. (TSE:4462) announces an Equity Buyback for 500,000 shares, representing 3.19% for ¥624.5 million. Ishihara Chemical Co., Ltd. (TSE:4462) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 3.19% of its issued share capital for ¥624.5 million. The shares will be repurchased at a price not more than ¥1,249 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. The program is valid till May 25, 2022. As of May 24, 2022, the company had 15,666,412 shares issued (excluding treasury stock) and 641,868 shares in treasury. Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥130 (vs JP¥93.61 in FY 2021) Full year 2022 results: EPS: JP¥130 (up from JP¥93.61 in FY 2021). Revenue: JP¥19.0b (up 12% from FY 2021). Net income: JP¥2.05b (up 36% from FY 2021). Profit margin: 11% (up from 8.9% in FY 2021). The increase in margin was driven by higher revenue. 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 18% per year, which means it is significantly lagging earnings growth. Ankündigung • May 18
Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 28, 2022 Ishihara Chemical Co., Ltd., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. No independent directors (7 non-independent directors). External Auditor Takumi Nagano was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Ankündigung • Apr 08
Ishihara Chemical Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Ishihara Chemical Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%). Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥28.59 (down from JP¥30.75 in 3Q 2021). Revenue: JP¥4.74b (up 13% from 3Q 2021). Net income: JP¥448.0m (down 9.3% from 3Q 2021). Profit margin: 9.5% (down from 12% 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 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 29
Second quarter 2022 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.90b (up 22% from 2Q 2021). Net income: JP¥603.0m (up 98% from 2Q 2021). Profit margin: 12% (up from 7.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.9%). Reported Earnings • Jul 30
First quarter 2022 earnings released: EPS JP¥66.35 (vs JP¥26.02 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.71b (up 14% from 1Q 2021). Net income: JP¥533.0m (up 155% from 1Q 2021). Profit margin: 11% (up from 5.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥187 (vs JP¥129 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥17.0b (up 1.1% from FY 2020). Net income: JP¥1.50b (up 43% from FY 2020). Profit margin: 8.9% (up from 6.2% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.