Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥46.51 (vs JP¥14.69 in FY 2025) Full year 2026 results: EPS: JP¥46.51 (up from JP¥14.69 in FY 2025). Revenue: JP¥48.2b (down 4.6% from FY 2025). Net income: JP¥1.04b (up 217% from FY 2025). Profit margin: 2.2% (up from 0.7% in FY 2025). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Ankündigung • May 14
Molitec Steel Co., Ltd., Annual General Meeting, Jun 24, 2026 Molitec Steel Co., Ltd., Annual General Meeting, Jun 24, 2026. Ankündigung • May 10
Molitec Steel Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026 Molitec Steel Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 15% 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 (3.6%). Lower than average of industry peers (2.5%). New Risk • Feb 20
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. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (145% cash payout ratio). Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥5.33b market cap, or US$34.4m). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥260, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 13x in the Metals and Mining industry in Japan. Total loss to shareholders of 18% over the past three years. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥10.36 (vs JP¥0.36 in 3Q 2025) Third quarter 2026 results: EPS: JP¥10.36 (up from JP¥0.36 in 3Q 2025). Revenue: JP¥11.9b (down 6.1% from 3Q 2025). Net income: JP¥232.0m (up JP¥224.0m from 3Q 2025). Profit margin: 1.9% (up from 0.1% 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 73% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Ankündigung • Nov 29
Molitec Steel Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Molitec Steel Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥2.90 (vs JP¥1.21 in 2Q 2025) Second quarter 2026 results: EPS: JP¥2.90 (up from JP¥1.21 in 2Q 2025). Revenue: JP¥12.0b (down 4.6% from 2Q 2025). Net income: JP¥65.0m (up 141% from 2Q 2025). Profit margin: 0.5% (up from 0.2% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Ankündigung • Nov 12
Molitec Steel Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025 Molitec Steel Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥2.46 (vs JP¥2.68 in 1Q 2025) First quarter 2026 results: EPS: JP¥2.46 (down from JP¥2.68 in 1Q 2025). Revenue: JP¥12.1b (down 3.0% from 1Q 2025). Net income: JP¥55.0m (down 8.3% from 1Q 2025). Profit margin: 0.5% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Ankündigung • Jun 03
Molitec Steel Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Molitec Steel Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥14.69 (vs JP¥13.93 in FY 2024) Full year 2025 results: EPS: JP¥14.69 (up from JP¥13.93 in FY 2024). Revenue: JP¥50.5b (flat on FY 2024). Net income: JP¥329.0m (up 5.4% from FY 2024). Profit margin: 0.7% (up from 0.6% in FY 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Ankündigung • May 14
Molitec Steel Co., Ltd., Annual General Meeting, Jun 25, 2025 Molitec Steel Co., Ltd., Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥138, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total loss to shareholders of 53% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.1%). Ankündigung • Mar 04
Molitec Steel Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Molitec Steel Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥0.36 (vs JP¥1.03 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥0.36 (up from JP¥1.03 loss in 3Q 2024). Revenue: JP¥12.7b (up 1.9% from 3Q 2024). Net income: JP¥8.00m (up JP¥31.0m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Ankündigung • Nov 30
Molitec Steel Co., Ltd. to Report Q3, 2025 Results on Feb 13, 2025 Molitec Steel Co., Ltd. announced that they will report Q3, 2025 results on Feb 13, 2025 Reported Earnings • Nov 11
Second quarter 2025 earnings released: EPS: JP¥1.21 (vs JP¥2.14 in 2Q 2024) Second quarter 2025 results: EPS: JP¥1.21 (down from JP¥2.14 in 2Q 2024). Revenue: JP¥12.6b (flat on 2Q 2024). Net income: JP¥27.0m (down 44% from 2Q 2024). Profit margin: 0.2% (down from 0.4% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year and the company’s share price has also fallen by 25% per year. Ankündigung • Oct 17
Molitec Steel Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Molitec Steel Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 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¥4.17b market cap, or US$29.6m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥166, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total loss to shareholders of 59% over the past three years. Ankündigung • Jun 22
Molitec Steel Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Molitec Steel Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jun 04
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 1.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥5.27b market cap, or US$33.7m). Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥13.93 (vs JP¥31.42 loss in FY 2023) Full year 2024 results: EPS: JP¥13.93 (up from JP¥31.42 loss in FY 2023). Revenue: JP¥50.8b (up 40% from FY 2023). Net income: JP¥312.0m (up JP¥1.02b from FY 2023). Profit margin: 0.6% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Ankündigung • May 15
Molitec Steel Co., Ltd., Annual General Meeting, Jun 26, 2024 Molitec Steel Co., Ltd., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.5%). Ankündigung • Mar 10
Molitec Steel Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 Molitec Steel Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: JP¥1.03 loss per share (vs JP¥18.48 profit in 3Q 2023) Third quarter 2024 results: JP¥1.03 loss per share (down from JP¥18.48 profit in 3Q 2023). Revenue: JP¥12.5b (up 48% from 3Q 2023). Net loss: JP¥23.0m (down 106% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Ankündigung • Nov 27
Molitec Steel Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Molitec Steel Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥2.14 (vs JP¥2.81 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥2.14 (up from JP¥2.81 loss in 2Q 2023). Revenue: JP¥12.6b (up 64% from 2Q 2023). Net income: JP¥48.0m (up JP¥111.0m from 2Q 2023). Profit margin: 0.4% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Ankündigung • Aug 27
Molitec Steel Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Molitec Steel Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥0.63 (vs JP¥0.94 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥0.63 (up from JP¥0.94 loss in 1Q 2023). Revenue: JP¥12.8b (up 82% from 1Q 2023). Net income: JP¥14.0m (up JP¥35.0m from 1Q 2023). Profit margin: 0.1% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat. Ankündigung • Jun 28
Molitec Steel Co., Ltd. to Report Q1, 2024 Results on Aug 04, 2023 Molitec Steel Co., Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 18
Full year 2023 earnings released: JP¥31.42 loss per share (vs JP¥11.34 profit in FY 2022) Full year 2023 results: JP¥31.42 loss per share (down from JP¥11.34 profit in FY 2022). Revenue: JP¥36.3b (up 32% from FY 2022). Net loss: JP¥704.0m (down 377% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Ankündigung • May 14
Molitec Steel Co., Ltd., Annual General Meeting, Jun 28, 2023 Molitec Steel Co., Ltd., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥18.48 (vs JP¥1.16 in 3Q 2022) Third quarter 2023 results: EPS: JP¥18.48 (up from JP¥1.16 in 3Q 2022). Revenue: JP¥8.44b (up 27% from 3Q 2022). Net income: JP¥414.0m (up JP¥388.0m from 3Q 2022). Profit margin: 4.9% (up from 0.4% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Ankündigung • Dec 28
Molitec Steel Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Molitec Steel Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Outside Independent Director Masanobu Nakano was the last independent director to join the board, commencing their role in 2020. 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: JP¥2.81 loss per share (vs JP¥3.44 profit in 2Q 2022) Second quarter 2023 results: JP¥2.81 loss per share (down from JP¥3.44 profit in 2Q 2022). Revenue: JP¥7.71b (up 12% from 2Q 2022). Net loss: JP¥63.0m (down 182% from profit in 2Q 2022). 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 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥275, the stock trades at a trailing P/E ratio of 53.6x. Average trailing P/E is 6x in the Metals and Mining industry in Japan. Total loss to shareholders of 32% over the past three years. Ankündigung • Sep 28
Molitec Steel Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Molitec Steel Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Ankündigung • Sep 21
Molitec Steel Co., Ltd. (TSE:5986) agreed to acquire Nakagawa-sangyo co.,ltd. and Sand Co., Ltd. from Yasuo Nakagawa and others. Molitec Steel Co., Ltd. (TSE:5986) agreed to acquire Nakagawa-sangyo co.,ltd. and Sand Co., Ltd. from Yasuo Nakagawa and others on September 20, 2022. Molitec Steel Co., Ltd. (TSE:5986) is acquiring 20,000 shares in Sand Co., Ltd. and 493,780 shares in Nakagawa-sangyo co.,ltd. Transaction is expected to close on October 19, 2022. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥346, the stock trades at a trailing P/E ratio of 67.4x. Average trailing P/E is 6x in the Metals and Mining industry in Japan. Total returns to shareholders of 4.0% over the past three years. Reported Earnings • Aug 07
First quarter 2023 earnings released: JP¥0.94 loss per share (vs JP¥5.27 profit in 1Q 2022) First quarter 2023 results: JP¥0.94 loss per share (down from JP¥5.27 profit in 1Q 2022). Revenue: JP¥7.03b (up 4.1% from 1Q 2022). Net loss: JP¥21.0m (down 118% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% 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. Ankündigung • Jun 29
Molitec Steel Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Molitec Steel Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥11.34 (vs JP¥14.68 loss in FY 2021) Full year 2022 results: EPS: JP¥11.34 (up from JP¥14.68 loss in FY 2021). Revenue: JP¥27.6b (up 24% from FY 2021). Net income: JP¥254.0m (up JP¥583.0m from FY 2021). Profit margin: 0.9% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Ankündigung • May 15
Molitec Steel Co., Ltd., Annual General Meeting, Jun 23, 2022 Molitec Steel Co., Ltd., Annual General Meeting, Jun 23, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Outside Independent Director Masanobu Nakano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 08
Molitec Steel Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Molitec Steel Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Buying Opportunity • Mar 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 9.1%. The fair value is estimated to be JP¥422, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% per annum over the last 3 years. The company has become profitable over the last year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (4.7%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥1.16 (up from JP¥3.48 loss in 3Q 2021). Revenue: JP¥6.65b (up 5.7% from 3Q 2021). Net income: JP¥26.0m (up JP¥104.0m from 3Q 2021). Profit margin: 0.4% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 16
Second quarter 2022 earnings released: EPS JP¥3.44 (vs JP¥13.43 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥6.91b (up 43% from 2Q 2021). Net income: JP¥77.0m (up JP¥378.0m from 2Q 2021). Profit margin: 1.1% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 27
Full year 2021 earnings released: JP¥14.68 loss per share (vs JP¥3.57 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥22.3b (down 16% from FY 2020). Net loss: JP¥329.0m (down JP¥409.0m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Reported Earnings • May 20
Full year 2021 earnings released: JP¥14.68 loss per share (vs JP¥3.57 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥22.3b (down 16% from FY 2020). Net loss: JP¥329.0m (down JP¥409.0m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.5%). Is New 90 Day High Low • Feb 26
New 90-day low: JP¥391 The company is down 23% from its price of JP¥507 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 20% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: JP¥3.48 loss per share (vs JP¥0.40 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: JP¥6.29b (down 2.5% from 3Q 2020). Net loss: JP¥78.0m (loss widened JP¥69.0m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Ankündigung • Dec 24
Molitec Steel Co., Ltd. to Report Q3, 2021 Results on Feb 08, 2021 Molitec Steel Co., Ltd. announced that they will report Q3, 2021 results on Feb 08, 2021 Is New 90 Day High Low • Dec 03
New 90-day high: JP¥549 The company is up 90% from its price of JP¥289 on 04 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 Metals and Mining industry, which is up 12% over the same period. Ankündigung • Aug 30
Molitec Steel Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020 Molitec Steel Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020