Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥229 (vs JP¥181 in FY 2025) Full year 2026 results: EPS: JP¥229 (up from JP¥181 in FY 2025). Revenue: JP¥1.51t (up 3.4% from FY 2025). Net income: JP¥63.3b (up 25% from FY 2025). Profit margin: 4.2% (up from 3.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Annonce • May 18
Iida Group Holdings Co., Ltd., Annual General Meeting, Jun 25, 2026 Iida Group Holdings Co., Ltd., Annual General Meeting, Jun 25, 2026. Annonce • Apr 04
Iida Group Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Iida Group Holdings Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.7%). Annonce • Mar 12
Iida Group Holdings Co., Ltd. (TSE:3291) agreed to acquire 51% stake in Wright & Associates, Llc from Travis Wright, L.L.C, Derek Wright, L.L.C and unkown 1 fund for $38.2 million. Iida Group Holdings Co., Ltd. (TSE:3291) agreed to acquire 51% stake in Wright & Associates, Llc from Travis Wright, L.L.C, Derek Wright, L.L.C and unkown 1 fund for $38.2 million on March 10, 2026. A cash consideration of $38.21 million will be paid by Iida Group Holdings Co., Ltd. As part of consideration, $38.21 million is paid towards common equity of Wright & Associates, Llc.
For the period ending December 31, 2025, Wright & Associates, Llc reported total revenue of $12 million. Wright & Associates, Llc reported total assets of $71.57 million.
The expected completion of the transaction is March 30, 2026. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥65.36 (vs JP¥51.30 in 3Q 2025) Third quarter 2026 results: EPS: JP¥65.36 (up from JP¥51.30 in 3Q 2025). Revenue: JP¥371.7b (up 2.4% from 3Q 2025). Net income: JP¥18.1b (up 26% from 3Q 2025). Profit margin: 4.9% (up from 4.0% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annonce • Dec 19
Iida Group Holdings Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Iida Group Holdings Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Declared Dividend • Dec 07
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 343%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: JP¥61.16 (vs JP¥48.62 in 2Q 2025) Second quarter 2026 results: EPS: JP¥61.16 (up from JP¥48.62 in 2Q 2025). Revenue: JP¥359.0b (flat on 2Q 2025). Net income: JP¥16.9b (up 24% from 2Q 2025). Profit margin: 4.7% (up from 3.8% in 2Q 2025). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% 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. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.8%). Annonce • Sep 18
Iida Group Holdings Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Iida Group Holdings Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥29.02 (vs JP¥42.18 in 1Q 2025) First quarter 2026 results: EPS: JP¥29.02 (down from JP¥42.18 in 1Q 2025). Revenue: JP¥326.1b (down 5.1% from 1Q 2025). Net income: JP¥8.02b (down 32% from 1Q 2025). Profit margin: 2.5% (down from 3.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% 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. Declared Dividend • Jul 09
Final dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 377%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jun 20
Iida Group Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Iida Group Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 19
Full year 2025 earnings released Full year 2025 results: Net income: (down JP¥37.2b from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 43% 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. Buy Or Sell Opportunity • May 19
Now 23% overvalued Over the last 90 days, the stock has fallen 12% to €12.50. The fair value is estimated to be €10.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 43%. Annonce • May 15
Iida Group Holdings Co., Ltd., Annual General Meeting, Jun 26, 2025 Iida Group Holdings Co., Ltd., Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.4%). Annonce • Mar 21
Iida Group Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Iida Group Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: JP¥51.30 (vs JP¥23.20 in 3Q 2024) Third quarter 2025 results: EPS: JP¥51.30 (up from JP¥23.20 in 3Q 2024). Revenue: JP¥362.8b (up 4.8% from 3Q 2024). Net income: JP¥14.4b (up 121% from 3Q 2024). Profit margin: 4.0% (up from 1.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Annonce • Feb 10
Iida Group Holdings Co., Ltd. (TSE:3291) announces an Equity Buyback for 4,700,000 shares, representing 1.68% for ¥10,659.6 million. Iida Group Holdings Co., Ltd. (TSE:3291) announces a share repurchase program. Under the program, the company will repurchase up to 4,700,000 shares, representing 1.68% of its issued share capital, for ¥10,659.6million. The repurchase price will be ¥2,268 per share. The purpose of the program is to improve capital efficiency and increase shareholder returns. As of January 31, 2025, the company had 280,378,458 issued shares (excluding treasury stock) and 599 shares in treasury. Annonce • Jan 14
Iida Group Holdings Co., Ltd. Announces Board Changes Iida Group Holdings Co., Ltd. announced that it decided at the Board of Directors' meeting on January 10, 2025, to make changes in the Representative Director (replacement of President). Hiroshi Nishino is appointed as President and Representative Director, previously he was Vice President and Representative Director. Masashi Kanei is appointed as Director, previously he was President and Representative Director. Hiroshi Nishino's Career: March 1988: Graduated from Keio University, Faculty of Economics. April 2006: Joined TOEI HOUSING CORPORATION, appointed Board Director, and Head of Personnel Development Department. August 2007: Appointed President and Representative Director of TOEI HOUSING CORPORATION. November 2013: Appointed Board Director of the Company August 2016: Appointed Chairman of Jutakushinkojigyo-kyodokumiai. Ltd. (Currently appointed.) June 2018: Appointed Board Director of Iida Home Trade Center Co. Ltd. (Currently Home Trade Center Co. Ltd.) June 2019: Appointed Senior Board Director of the Company, responsible for Corporate Planning. April 2020: Appointed Board Director of TOEI HOUSING CORPORATION . April 2021: Appointed Executive Board Director, and Head for administrative divisions of the Company. April 2021: Appointed Chairman and Representative Director of TOEI HOME SERVICE CORPORATION: May 2021: Appointed Executive Board Director, and Head for administrative divisions of the Company. February 2022: Appointed Board Director of ARNEST ONE CORPORAION. March 2022: Appointed Executive Board Director and Representative Director, and Head for administrative divisions of the Company. April 2023: Appointed Senior Advisor, Member of the Board of TOEI HOMESERVICE CORPORATION (Currently appointed.) April 2024: Appointed Executive Board Director and Representative Director of the Company July 2024: Appointed Vice President and Representative Director of the Company (Currently appointed.) Scheduled date of the changes is April 1, 2025. Annonce • Dec 19
Iida Group Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 10, 2025 Iida Group Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Declared Dividend • Dec 06
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 319%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 14
First half 2025 earnings released: EPS: JP¥84.36 (vs JP¥87.90 in 1H 2024) First half 2025 results: EPS: JP¥84.36 (down from JP¥87.90 in 1H 2024). Revenue: JP¥687.1b (up 2.3% from 1H 2024). Net income: JP¥23.7b (down 4.2% from 1H 2024). Profit margin: 3.4% (down from 3.7% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Annonce • Sep 24
Iida Group Holdings Co., Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Iida Group Holdings Co., Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.6%). Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥35.75 (vs JP¥44.34 in 1Q 2024) First quarter 2025 results: EPS: JP¥35.75 (down from JP¥44.34 in 1Q 2024). Revenue: JP¥327.5b (up 3.3% from 1Q 2024). Net income: JP¥10.0b (down 20% from 1Q 2024). Profit margin: 3.1% (down from 3.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% 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. Declared Dividend • Jul 11
Final dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 380%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jun 22
Iida Group Holdings Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Iida Group Holdings Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥133 (vs JP¥264 in FY 2023) Full year 2024 results: EPS: JP¥133 (down from JP¥264 in FY 2023). Revenue: JP¥1.44t (flat on FY 2023). Net income: JP¥37.2b (down 51% from FY 2023). Profit margin: 2.6% (down from 5.3% in FY 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Annonce • May 16
Iida Group Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024 Iida Group Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024. Upcoming Dividend • Mar 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.4%). Annonce • Mar 20
Iida Group Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Iida Group Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥23.20 (vs JP¥45.53 in 3Q 2023) Third quarter 2024 results: EPS: JP¥23.20 (down from JP¥45.53 in 3Q 2023). Revenue: JP¥346.1b (up 1.3% from 3Q 2023). Net income: JP¥6.51b (down 50% from 3Q 2023). Profit margin: 1.9% (down from 3.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 13% per year. Annonce • Dec 22
Iida Group Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Iida Group Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥43.56 (vs JP¥104 in 2Q 2023) Second quarter 2024 results: EPS: JP¥43.56 (down from JP¥104 in 2Q 2023). Revenue: JP¥354.8b (flat on 2Q 2023). Net income: JP¥12.2b (down 59% from 2Q 2023). Profit margin: 3.4% (down from 8.5% in 2Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year. Annonce • Sep 22
Iida Group Holdings Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023 Iida Group Holdings Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥45.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.1%). New Risk • Aug 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 7.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.5% net profit margin). Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: JP¥44.34 (vs JP¥81.49 in 1Q 2023) First quarter 2024 results: EPS: JP¥44.34 (down from JP¥81.49 in 1Q 2023). Revenue: JP¥316.9b (down 2.6% from 1Q 2023). Net income: JP¥12.5b (down 47% from 1Q 2023). Profit margin: 3.9% (down from 7.2% in 1Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annonce • Jun 21
Iida Group Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Iida Group Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥264 (vs JP¥358 in FY 2022) Full year 2023 results: EPS: JP¥264 (down from JP¥358 in FY 2022). Revenue: JP¥1.44t (up 3.8% from FY 2022). Net income: JP¥75.6b (down 27% from FY 2022). Profit margin: 5.3% (down from 7.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. 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 12% per year. Annonce • May 16
Iida Group Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023 Iida Group Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share at 4.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.1%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥43.70 (vs JP¥81.30 in 3Q 2022) Third quarter 2023 results: EPS: JP¥43.70 (down from JP¥81.30 in 3Q 2022). Revenue: JP¥341.8b (flat on 3Q 2022). Net income: JP¥12.5b (down 47% from 3Q 2022). Profit margin: 3.6% (down from 6.8% in 3Q 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annonce • Dec 24
Iida Group Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Iida Group Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Buying Opportunity • Dec 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.4%. The fair value is estimated to be €18.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 0.1% per annum over the same time period. Buying Opportunity • Nov 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.0%. The fair value is estimated to be €18.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings is also forecast to grow by 1.5% per annum over the same time period. Board Change • Nov 16
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. 8 non-independent directors. Independent Outside Director Nanako Murata was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: JP¥106 (vs JP¥105 in 2Q 2022) Second quarter 2023 results: EPS: JP¥106 (up from JP¥105 in 2Q 2022). Revenue: JP¥352.8b (flat on 2Q 2022). Net income: JP¥30.4b (flat on 2Q 2022). Profit margin: 8.6% (down from 8.7% in 2Q 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.9%). Annonce • Sep 17
Iida Group Holdings Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Iida Group Holdings Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: JP¥81.49 (vs JP¥95.74 in 1Q 2022) First quarter 2023 results: EPS: JP¥81.49 (down from JP¥95.74 in 1Q 2022). Revenue: JP¥325.4b (down 2.1% from 1Q 2022). Net income: JP¥23.5b (down 15% from 1Q 2022). Profit margin: 7.2% (down from 8.3% in 1Q 2022). Over the next year, revenue is forecast to grow 10%, compared to a 3.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annonce • May 26
Iida Group Holdings Co., Ltd. (TSE:3291) announces an Equity Buyback for 8,000,000 shares, representing 2.77% for ¥20,000 million. Iida Group Holdings Co., Ltd. (TSE:3291) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares, representing 2.77% of its issued share capital (excluding treasury stock), for ¥20,000 million. The shares will be repurchased at a price of ¥2,372 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns and cancel treasury stock. The program will run until May 24, 2023. As of March 31, 2022, the company had 288,379,057 shares in issue (excluding treasury stock) and 6,052,582 shares in treasury. Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥358 (vs JP¥289 in FY 2021) Full year 2022 results: EPS: JP¥358 (up from JP¥289 in FY 2021). Revenue: JP¥1.39t (down 4.8% from FY 2021). Net income: JP¥103.4b (up 24% from FY 2021). Profit margin: 7.5% (up from 5.7% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 7.9%, compared to a 7.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. 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. 8 non-independent directors. Independent Outside Director Eichi Hasegawa was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 08
Iida Group Holdings Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Iida Group Holdings Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Feb 16
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥81.30 (up from JP¥78.87 in 3Q 2021). Revenue: JP¥343.5b (down 5.5% from 3Q 2021). Net income: JP¥23.4b (up 3.1% from 3Q 2021). Profit margin: 6.8% (up from 6.3% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 7.4%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €17.60, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Consumer Durables industry in Germany. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.57 per share. Buying Opportunity • Jan 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.1%. The fair value is estimated to be JP¥24.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% per annum over the last 3 years. Earnings per share has grown by 15% per annum over the last 3 years. Executive Departure • Dec 01
Executive Chairman Yoichi Nishikawa has left the company On the 30th of November, Yoichi Nishikawa's tenure as Executive Chairman ended after 8.1 years in the role. As of September 2021, Yoichi still personally held 29.14m shares (€641m worth at the time). Yoichi is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.42 years. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥105 (vs JP¥82.49 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥350.5b (down 16% from 2Q 2021). Net income: JP¥30.4b (up 28% from 2Q 2021). Profit margin: 8.7% (up from 5.7% in 2Q 2021). The increase in margin was driven by lower expenses. 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 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥37.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.1%). Reported Earnings • Aug 14
First quarter 2022 earnings released: EPS JP¥95.74 (vs JP¥37.93 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥332.4b (up 3.2% from 1Q 2021). Net income: JP¥27.6b (up 152% from 1Q 2021). Profit margin: 8.3% (up from 3.4% in 1Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • May 19
Full year 2021 earnings released: EPS JP¥289 (vs JP¥186 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥1.46t (up 3.9% from FY 2020). Net income: JP¥83.3b (up 55% from FY 2020). Profit margin: 5.7% (up from 3.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annonce • Apr 17
Iida Group Holdings Co., Ltd. Revises Consolidated Earning Guidance for the Fiscal Year Ended March 2021 Iida Group Holdings Co., Ltd. revised earning guidance for the fiscal year ended March 2021. For the year the company revised consolidated revenue of JPY 1,450,000 million, operating profit of JPY 118,000 million, net profit of JPY 82,000 million, Profit attributable to owners of the parent company was JPY 81,500 million and basic earnings per share of JPY 282.61 compared to previously announced revised consolidated revenue of JPY 1,380,000 million, operating profit of JPY 90,000 million, net profit of JPY 58,000 million, Profit attributable to owners of the parent company was JPY 58,000 million and basic earnings per share of JPY 201.12. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (2.2%). Annonce • Mar 11
Iida Group Holdings Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 Iida Group Holdings Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 Annonce • Mar 10
Iida Group Holdings Co., Ltd. Announces Directors Changes Iida Group Holdings Co., Ltd. announced at the board meeting held on March 08, 2021, the shareholders announced that Masashi Kanei from Vice President and Representative Director to President and Representative Director, Kazuhiko Mori from Chairman and Representative Director to Chairman Emeritus and Board Director, Yoichi Nishikawa from President and Representative Director to Chairman and Board Director, Hiroshi Nishino from Senior Board Director to Executive Board Director, Tadayoshi Horiguchi from Senior Board Director to Executive Board Director. Is New 90 Day High Low • Mar 10
New 90-day high: €19.80 The company is up 20% from its price of €16.50 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.09 per share. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥78.86 (vs JP¥43.05 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥363.5b (up 17% from 3Q 2020). Net income: JP¥22.7b (up 83% from 3Q 2020). Profit margin: 6.3% (up from 4.0% 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 7% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue beats expectations Revenue exceeded analyst estimates by 21%. Over the next year, revenue is expected to shrink by 6.5% compared to a 7.2% growth forecast for the Consumer Durables industry in Germany. Is New 90 Day High Low • Feb 09
New 90-day high: €19.40 The company is up 18% from its price of €16.40 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.75 per share. Annonce • Jan 26
Iida Group Holdings Co., Ltd. (TSE:3291) acquired Orient Co., Ltd. Iida Group Holdings Co., Ltd. (TSE:3291) acquired Orient Co., Ltd. on January 22, 2021. Following the acquisition, Orient Co., Ltd. will operate as a subsidiary of Iida Group Holdings Co., Ltd.
Iida Group Holdings Co., Ltd. (TSE:3291) completed the acquisition of Orient Co., Ltd. on January 22, 2021. Is New 90 Day High Low • Jan 23
New 90-day high: €18.60 The company is up 17% from its price of €15.90 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.68 per share. Annonce • Dec 03
Iida Group Holdings Co., Ltd. to Report Q3, 2021 Results on Feb 09, 2021 Iida Group Holdings Co., Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021 Analyst Estimate Surprise Post Earnings • Nov 11
Revenue beats expectations Revenue exceeded analyst estimates by 7.4%. Over the next year, revenue is expected to shrink by 1.7% compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥82.49 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥416.3b (up 16% from 2Q 2020). Net income: JP¥23.8b (up 34% from 2Q 2020). Profit margin: 5.7% (up from 4.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Sep 28
New 90-day high: €17.70 The company is up 32% from its price of €13.40 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.16 per share. Annonce • Sep 03
Iida Group Holdings Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Iida Group Holdings Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020