Ankündigung • May 24
Rigaku Holdings Corporation has filed a Follow-on Equity Offering. Rigaku Holdings Corporation has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 7,469,100
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 22,111,200 Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,375, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 224% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,368 per share. Reported Earnings • May 14
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: JP¥1.46 (down from JP¥8.52 in 1Q 2025). Revenue: JP¥17.9b (down 13% from 1Q 2025). Net income: JP¥329.0m (down 83% from 1Q 2025). Profit margin: 1.8% (down from 9.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 77%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Japan. Ankündigung • May 10
Rigaku Holdings Corporation to Report Q1, 2026 Results on May 13, 2026 Rigaku Holdings Corporation announced that they will report Q1, 2026 results at 9:00 AM, Tokyo Standard Time on May 13, 2026 Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥2,760, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 232% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,457 per share. Declared Dividend • Apr 11
Dividend of JP¥9.50 announced Shareholders will receive a dividend of JP¥9.50. Ex-date: 29th June 2026 Payment date: 1st January 1970 Dividend yield will be 0.4%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 37%. Cash payout ratio: 157%. Reported Earnings • Mar 30
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥50.19 (down from JP¥60.44 in FY 2024). Revenue: JP¥94.2b (up 3.9% from FY 2024). Net income: JP¥11.4b (down 16% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,199, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 119% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,504 per share. Buy Or Sell Opportunity • Mar 18
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 71% to JP¥1,906. The fair value is estimated to be JP¥1,493, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,958, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 91% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,506 per share. Price Target Changed • Feb 21
Price target increased by 7.3% to JP¥1,463 Up from JP¥1,363, the current price target is an average from 4 analysts. New target price is 18% below last closing price of JP¥1,783. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥60.00 for next year compared to JP¥50.19 last year. New Risk • Feb 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Feb 20
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 97% to JP¥1,790. The fair value is estimated to be JP¥1,400, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Reported Earnings • Feb 14
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥50.19 (down from JP¥60.44 in FY 2024). Revenue: JP¥94.2b (up 3.9% from FY 2024). Net income: JP¥11.4b (down 16% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥9.40 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 March 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Price Target Changed • Dec 19
Price target increased by 8.7% to JP¥1,313 Up from JP¥1,208, the current price target is an average from 4 analysts. New target price is 12% above last closing price of JP¥1,173. Stock is up 27% over the past year. The company is forecast to post earnings per share of JP¥55.06 for next year compared to JP¥60.44 last year. Ankündigung • Dec 10
Rigaku Holdings Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026 Rigaku Holdings Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026 New Risk • Dec 05
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 • Dec 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,131, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 18% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,293 per share. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: JP¥2.16 (vs JP¥11.02 in 3Q 2024) Third quarter 2025 results: EPS: JP¥2.16 (down from JP¥11.02 in 3Q 2024). Revenue: JP¥18.7b (down 5.4% from 3Q 2024). Net income: JP¥494.0m (down 80% from 3Q 2024). Profit margin: 2.6% (down from 13% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Ankündigung • Sep 27
Rigaku Holdings Corporation to Report Q3, 2025 Results on Nov 11, 2025 Rigaku Holdings Corporation announced that they will report Q3, 2025 results on Nov 11, 2025 New Risk • Sep 18
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 5.0% 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 • Sep 13
First half dividend of JP¥9.40 announced Shareholders will receive a dividend of JP¥9.40. Ex-date: 29th December 2025 Payment date: 13th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (60% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Aug 27
Rigaku Corporation Launches Sales of the XHEMIS TX-3000, a TXRF Analytical System for Semiconductor Processes Rigaku Corporation has launched sales of the XHEMIS (pronounced "ZEM-mis") TX-3000, a total reflection X-ray fluorescence (TXRF) system that supports analysis of trace contamination on wafer surfaces in semiconductor manufacturing. Measurement result of surface contaminant distribution: Rigaku protects the quality with TXRF technology, a field where it holds overwhelming market share; Analysis of trace contaminants on wafer surfaces is vital to semiconductor manufacturing. Moreover, manufacturing lines that incorporate hundreds of steps require precise analysis of trace contaminants on wafer surface to maintain stable operation and the reliability of product quality. With TXRF, a representative approach for this purpose, Rigaku has established its technology as the effective global standard. The Company has long been a driver of rising quality standards in the industry. Rigaku's latest model, the XHEMIS TX-3000, improves on existing features to deliver a quantum leap in measurement precision, operability and productivity. Up to 6x increase in speed enables former one-hour measurement tasks to be completed in 10 minutes. The XHEMIS TX-3 achieves processing speeds up to 6x that of Rigaku's previous systems. First, measurement speed is tripled by combining a newly developed optical array with a novel multi-element detector. Next, this combined system is coupled with an AI-driven spectrum forecasting technology to double measurement speed without sacrificing precision. The technical innovation of this two-stage arrangement contributes to improved productivity and process stability at semiconductor manufacturing sites. With previous model, measurements that took typically one hour, now finish in just 10 minutes. New detector design supports analysis of lighter elements: The XHEMIS TX -3000 adopts an X-ray source that can be switched among three wavelengths, enabling analysis of lighter elements such as sodium, magnesium and aluminum that are difficult to detect using fluorescent X-ray analytical systems. In this way the surface distribution of contaminants can be measured for virtually all elements without sample destruction. In addition, the XHEMIS Texas-3000 combines a newly developed monochromator capable of X-ray irradiation with a multi-element detector that can measure three locations on the wafer surface simultaneously. By combining these features, the XHEMISTX-3000 boosts measurement speed by a factor of 3 in comparison with previous systems. To address this issue, the XHEMIS Houston adopts spectrum-forecasting software trained on vast quantities of analysis data. In this way precision is maintained even while cutting measurement time in half. Additionally, a new feature reduces unnecessary background signal, expanding the range of applications to a wide variety of materials previously unamenable to trace-contamination measurement, such as barrier metals (protective coating for wiring), high-dielectric films, and compound semiconductors. Kiyoshi Ogata, Senior Executive Vice President, commented as follows: Rigaku forecasts sales of approximately JP JP 5 billion for conventional TXRF products in 2025. With the introduction to market of this high-end system, Rigaku expects adoption by major semiconductor manufacturers to advance. The Company expects this product segment to enjoy double-digit growth for successive years as a stable platform supporting sustainable growth in the semiconductor market. Ankündigung • Aug 08
Rigaku Holdings Corporation (TSE:268A) announces an Equity Buyback for 6,000,000 shares, representing 2.62% for ¥4,000 million. Rigaku Holdings Corporation (TSE:268A) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 2.62% of its issued share capital (excluding treasury stock), for a total purchase price of ¥4,000 million. The purpose of the program is improving capital efficiency and fully reflect the intrinsic value of the company. The program will continue through December 23, 2025. As of June 30, 2025, the company had 229,336,799 issued shares (excluding treasury stock) and 19,601 treasury shares. Ankündigung • Jun 03
Rigaku Holdings Corporation to Report Q2, 2025 Results on Aug 07, 2025 Rigaku Holdings Corporation announced that they will report Q2, 2025 results on Aug 07, 2025 Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥730, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Electronic industry in Japan. Reported Earnings • May 20
First quarter 2025 earnings released: EPS: JP¥8.52 (vs JP¥15.00 in 1Q 2024) First quarter 2025 results: EPS: JP¥8.52 (down from JP¥15.00 in 1Q 2024). Revenue: JP¥20.6b (down 13% from 1Q 2024). Net income: JP¥1.92b (down 43% from 1Q 2024). Profit margin: 9.3% (down from 14% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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 20% After last week's 20% share price decline to JP¥782, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Electronic industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,509 per share. Ankündigung • Mar 27
Rigaku Holdings Corporation to Report Q1, 2025 Results on May 15, 2025 Rigaku Holdings Corporation announced that they will report Q1, 2025 results on May 15, 2025 Ankündigung • Feb 15
Rigaku Holdings Corporation, Annual General Meeting, Mar 27, 2025 Rigaku Holdings Corporation, Annual General Meeting, Mar 27, 2025. Ankündigung • Dec 13
Rigaku Holdings Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025 Rigaku Holdings Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥970, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,408 per share. Buy Or Sell Opportunity • Nov 29
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at JP¥1,116. The fair value is estimated to be JP¥1,441, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Board Change • Oct 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Auditor Ryota Isogai was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.