Buy Or Sell Opportunity • Jul 07
Now 20% undervalued Over the last 90 days, the stock has risen 33% to JP¥3,235. The fair value is estimated to be JP¥4,044, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Ankündigung • Jun 26
Naigai Tec Corporation to Report Q1, 2027 Results on Aug 07, 2026 Naigai Tec Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 New Risk • Jun 17
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 6.8% 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 5.9% per year over the past 5 years. 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 (6.8% average weekly change). Market cap is less than US$100m (JP¥11.4b market cap, or US$71.3m). Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥3,265, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 29x in the Semiconductor industry in Japan. Total returns to shareholders of 51% over the past three years. Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥278 (vs JP¥300 in FY 2025) Full year 2026 results: EPS: JP¥278 (down from JP¥300 in FY 2025). Revenue: JP¥32.6b (down 7.7% from FY 2025). Net income: JP¥971.0m (down 7.4% from FY 2025). Profit margin: 3.0% (in line with FY 2025). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Ankündigung • May 15
Naigai Tec Corporation, Annual General Meeting, Jun 24, 2026 Naigai Tec Corporation, Annual General Meeting, Jun 24, 2026. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,756, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 27x in the Semiconductor industry in Japan. Total returns to shareholders of 28% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥100.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.0%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥58.29 (vs JP¥93.71 in 3Q 2025) Third quarter 2026 results: EPS: JP¥58.29 (down from JP¥93.71 in 3Q 2025). Revenue: JP¥7.77b (down 23% from 3Q 2025). Net income: JP¥204.0m (down 38% from 3Q 2025). Profit margin: 2.6% (down from 3.3% in 3Q 2025). The decrease in margin was driven by lower revenue. 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 1% per year, which means it has not declined as severely as earnings. New Risk • Feb 15
New major risk - Revenue and earnings growth Earnings have declined by 1.8% 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 1.8% per year over the past 5 years. 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¥8.72b market cap, or US$57.0m). Ankündigung • Nov 29
Naigai Tec Corporation to Report Q3, 2026 Results on Feb 13, 2026 Naigai Tec Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥75.49 (vs JP¥46.89 in 2Q 2025) Second quarter 2026 results: EPS: JP¥75.49 (up from JP¥46.89 in 2Q 2025). Revenue: JP¥8.03b (flat on 2Q 2025). Net income: JP¥264.0m (up 61% from 2Q 2025). Profit margin: 3.3% (up from 2.0% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Ankündigung • Sep 03
Naigai Tec Corporation to Report Q2, 2026 Results on Nov 12, 2025 Naigai Tec Corporation announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥13.15 (vs JP¥25.15 in 1Q 2025) First quarter 2026 results: EPS: JP¥13.15 (down from JP¥25.15 in 1Q 2025). Revenue: JP¥7.21b (down 11% from 1Q 2025). Net income: JP¥46.0m (down 48% from 1Q 2025). Profit margin: 0.6% (down from 1.1% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 07
Naigai Tec Corporation to Report Q1, 2026 Results on Aug 08, 2025 Naigai Tec Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: JP¥300 (vs JP¥243 in FY 2024) Full year 2025 results: EPS: JP¥300 (up from JP¥243 in FY 2024). Revenue: JP¥35.3b (down 9.4% from FY 2024). Net income: JP¥1.05b (up 24% from FY 2024). Profit margin: 3.0% (up from 2.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥300 (vs JP¥243 in FY 2024) Full year 2025 results: EPS: JP¥300 (up from JP¥243 in FY 2024). Revenue: JP¥35.3b (down 9.4% from FY 2024). Net income: JP¥1.05b (up 24% from FY 2024). Profit margin: 3.0% (up from 2.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Ankündigung • May 14
Naigai Tec Corporation, Annual General Meeting, Jun 25, 2025 Naigai Tec Corporation, Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,897, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 11x in the Semiconductor industry in Japan. Total loss to shareholders of 18% over the past three years. Ankündigung • Mar 27
Naigai Tec Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Naigai Tec Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥99.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 10 June 2025. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥93.71 (vs JP¥54.29 in 3Q 2024) Third quarter 2025 results: EPS: JP¥93.71 (up from JP¥54.29 in 3Q 2024). Revenue: JP¥10.1b (up 2.5% from 3Q 2024). Net income: JP¥328.0m (up 73% from 3Q 2024). Profit margin: 3.3% (up from 1.9% 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 26% 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 • Aug 27
Naigai Tec Corporation to Report Q2, 2025 Results on Nov 13, 2024 Naigai Tec Corporation announced that they will report Q2, 2025 results on Nov 13, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥25.15 (vs JP¥65.87 in 1Q 2024) First quarter 2025 results: EPS: JP¥25.15 (down from JP¥65.87 in 1Q 2024). Revenue: JP¥8.12b (down 26% from 1Q 2024). Net income: JP¥88.0m (down 62% from 1Q 2024). Profit margin: 1.1% (down from 2.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year. 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¥2,022, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 30% over the past three years. Ankündigung • Jun 02
Naigai Tec Corporation to Report Q1, 2025 Results on Aug 09, 2024 Naigai Tec Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥243 (vs JP¥469 in FY 2023) Full year 2024 results: EPS: JP¥243 (down from JP¥469 in FY 2023). Revenue: JP¥39.0b (down 14% from FY 2023). Net income: JP¥848.0m (down 48% from FY 2023). Profit margin: 2.2% (down from 3.6% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Ankündigung • May 17
Naigai Tec Corporation, Annual General Meeting, Jun 26, 2024 Naigai Tec Corporation, Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥93.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.9%). Ankündigung • Mar 02
Naigai Tec Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Naigai Tec Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥54.28 (vs JP¥62.68 in 3Q 2023) Third quarter 2024 results: EPS: JP¥54.28 (down from JP¥62.68 in 3Q 2023). Revenue: JP¥9.82b (down 6.9% from 3Q 2023). Net income: JP¥190.0m (down 13% from 3Q 2023). Profit margin: 1.9% (down from 2.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Jan 19
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: Major Risk High level of non-cash earnings (116% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (JP¥9.34b market cap, or US$63.1m). Ankündigung • Nov 26
Naigai Tec Corporation to Report Q3, 2024 Results on Feb 13, 2024 Naigai Tec Corporation announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: JP¥26.88 (vs JP¥144 in 2Q 2023) Second quarter 2024 results: EPS: JP¥26.88 (down from JP¥144 in 2Q 2023). Revenue: JP¥9.58b (down 19% from 2Q 2023). Net income: JP¥94.0m (down 81% from 2Q 2023). Profit margin: 1.0% (down from 4.3% in 2Q 2023). The decrease in margin was driven by lower revenue. 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 1% per year, which means it is significantly lagging earnings. Ankündigung • Aug 27
Naigai Tec Corporation to Report Q2, 2024 Results on Nov 13, 2023 Naigai Tec Corporation announced that they will report Q2, 2024 results on Nov 13, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥65.85 (vs JP¥119 in 1Q 2023) First quarter 2024 results: EPS: JP¥65.85 (down from JP¥119 in 1Q 2023). Revenue: JP¥10.9b (down 4.5% from 1Q 2023). Net income: JP¥230.0m (down 45% from 1Q 2023). Profit margin: 2.1% (down from 3.6% 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 36% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. New Risk • Jul 03
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 5.1% 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 High level of non-cash earnings (93% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (JP¥8.48b market cap, or US$58.6m). Ankündigung • May 28
Naigai Tec Corporation to Report Q1, 2024 Results on Aug 10, 2023 Naigai Tec Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥469 (vs JP¥442 in FY 2022) Full year 2023 results: EPS: JP¥469 (up from JP¥442 in FY 2022). Revenue: JP¥45.3b (up 21% from FY 2022). Net income: JP¥1.64b (up 6.3% from FY 2022). Profit margin: 3.6% (down from 4.1% 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 45% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥114 per share at 4.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: JP¥62.67 (vs JP¥86.89 in 3Q 2022) Third quarter 2023 results: EPS: JP¥62.67 (down from JP¥86.89 in 3Q 2022). Revenue: JP¥10.6b (up 3.7% from 3Q 2022). Net income: JP¥219.0m (down 28% from 3Q 2022). Profit margin: 2.1% (down from 3.0% 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 53% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Ankündigung • Nov 27
Naigai Tec Corporation to Report Q3, 2023 Results on Feb 13, 2023 Naigai Tec Corporation announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥144 (vs JP¥88.38 in 2Q 2022) Second quarter 2023 results: EPS: JP¥144 (up from JP¥88.38 in 2Q 2022). Revenue: JP¥11.8b (up 30% from 2Q 2022). Net income: JP¥503.0m (up 63% from 2Q 2022). Profit margin: 4.3% (up from 3.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 23% 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. 4 experienced directors. 5 highly experienced directors. No independent directors (6 non-independent directors). Corporate Auditor Hikari Komine was the last director to join the board, commencing their role in 2019. 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 13
Second quarter 2023 earnings released: EPS: JP¥144 (vs JP¥88.38 in 2Q 2022) Second quarter 2023 results: EPS: JP¥144 (up from JP¥88.38 in 2Q 2022). Revenue: JP¥11.8b (up 30% from 2Q 2022). Net income: JP¥503.0m (up 63% from 2Q 2022). Profit margin: 4.3% (up from 3.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 28
Naigai Tec Corporation to Report Q2, 2023 Results on Nov 11, 2022 Naigai Tec Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥119 (vs JP¥62.88 in 1Q 2022) First quarter 2023 results: EPS: JP¥119 (up from JP¥62.88 in 1Q 2022). Revenue: JP¥11.4b (up 41% from 1Q 2022). Net income: JP¥415.0m (up 90% from 1Q 2022). Profit margin: 3.6% (up from 2.7% 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 58% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Ankündigung • May 29
Naigai Tec Corporation to Report Q1, 2023 Results on Aug 10, 2022 Naigai Tec Corporation announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥442 (vs JP¥247 in FY 2021) Full year 2022 results: EPS: JP¥442 (up from JP¥247 in FY 2021). Revenue: JP¥37.6b (up 41% from FY 2021). Net income: JP¥1.54b (up 107% from FY 2021). Profit margin: 4.1% (up from 2.8% 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 52% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥2,849, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 12x in the Semiconductor industry in Japan. Total returns to shareholders of 191% over the past three years. Ankündigung • May 15
Naigai Tec Corporation, Annual General Meeting, Jun 28, 2022 Naigai Tec Corporation, 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. 6 experienced directors. 3 highly experienced directors. No independent directors (6 non-independent directors). Corporate Auditor Hikari Komine was the last director to join the board, commencing their role in 2019. 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 07
Naigai Tec Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Naigai Tec Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥83.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥86.85 (up from JP¥44.97 in 3Q 2021). Revenue: JP¥10.2b (up 55% from 3Q 2021). Net income: JP¥303.0m (up 133% from 3Q 2021). Profit margin: 3.0% (up from 2.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 35% per year. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥3,685, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 192% over the past three years. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥3,685, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 192% over the past three years. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥88.34 (vs JP¥22.89 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥9.13b (up 59% from 2Q 2021). Net income: JP¥308.0m (up 367% from 2Q 2021). Profit margin: 3.4% (up from 1.2% 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 19% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥3,075, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 23x in the Semiconductor industry in Japan. Total returns to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥2,808, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 25x in the Semiconductor industry in Japan. Total returns to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥3,645, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 26x in the Semiconductor industry in Japan. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥2,998, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 23x in the Semiconductor industry in Japan. Total loss to shareholders of 3.6% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥48.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 11 June 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.4%). Ankündigung • Mar 04
Naigai Tec Corporation to Report Fiscal Year 2021 Results on May 14, 2021 Naigai Tec Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Feb 26
New 90-day low: JP¥2,331 The company is down 4.0% from its price of JP¥2,424 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 Semiconductor industry, which is up 26% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥44.92 (vs JP¥34.44 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥6.57b (up 6.8% from 3Q 2020). Net income: JP¥130.0m (up 29% from 3Q 2020). Profit margin: 2.0% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥3,115, the stock is trading at a trailing P/E ratio of 17.1x, up from the previous P/E ratio of 13.9x. This compares to an average P/E of 29x in the Semiconductor industry in Japan. Total return to shareholders over the past three years is a loss of 13%. Is New 90 Day High Low • Jan 12
New 90-day high: JP¥2,827 The company is up 4.0% from its price of JP¥2,719 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 37% over the same period. Ankündigung • Nov 29
Naigai Tec Corporation to Report Q3, 2021 Results on Feb 12, 2021 Naigai Tec Corporation announced that they will report Q3, 2021 results on Feb 12, 2021 Ankündigung • Nov 22
Naigai Tec Corporation announced that it expects to receive ¥6.876 million in funding from Mizuho Securities Co., Ltd. Naigai Tec Corporation (JASDAQ:3374) announced that it has entered into third party allotment agreement with existing investor Mizuho Securities Co., Ltd. private placement of 6,000 first stock acquisition rights at a price of ¥1,146 per right for gross proceeds of ¥6,876,000 on November 20, 2020. The rights are exercisable at ¥2,405 per share for 600,000 shares from December 8, 2020 to December 7, 2022. The investor will acquire up to 20.43% stake upon exercise of rights. The expected payment date is December 7, 2020. The transaction has been approved by the board of directors of the company. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS JP¥22.89 The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: JP¥5.73b (down 5.0% from 2Q 2020). Net income: JP¥66.0m (down 4.3% from 2Q 2020). Profit margin: 1.2% (up from 1.1% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Ankündigung • Aug 30
Naigai Tec Corporation to Report Q2, 2021 Results on Nov 13, 2020 Naigai Tec Corporation announced that they will report Q2, 2021 results on Nov 13, 2020