Reported Earnings • Aug 08
First quarter 2027 earnings released: EPS: JP¥70.87 (vs JP¥53.28 in 1Q 2026) First quarter 2027 results: EPS: JP¥70.87 (up from JP¥53.28 in 1Q 2026). Revenue: JP¥12.8b (up 10.0% from 1Q 2026). Net income: JP¥744.0m (up 33% from 1Q 2026). Profit margin: 5.8% (up from 4.8% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annonce • Jun 03
Tanabe Engineering Corporation to Report Q1, 2027 Results on Aug 07, 2026 Tanabe Engineering Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 New Risk • May 31
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 90% Dividend yield: 4.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥329 (vs JP¥247 in FY 2025) Full year 2026 results: EPS: JP¥329 (up from JP¥247 in FY 2025). Revenue: JP¥52.4b (up 3.0% from FY 2025). Net income: JP¥3.45b (up 33% from FY 2025). Profit margin: 6.6% (up from 5.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 30% per year. Annonce • May 13
Tanabe Engineering Corporation, Annual General Meeting, Jun 24, 2026 Tanabe Engineering Corporation, Annual General Meeting, Jun 24, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥92.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥67.53 (vs JP¥81.23 in 3Q 2025) Third quarter 2026 results: EPS: JP¥67.53 (down from JP¥81.23 in 3Q 2025). Revenue: JP¥13.2b (flat on 3Q 2025). Net income: JP¥709.0m (down 17% from 3Q 2025). Profit margin: 5.4% (down from 6.4% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Nov 29
Tanabe Engineering Corporation to Report Q3, 2026 Results on Feb 09, 2026 Tanabe Engineering Corporation announced that they will report Q3, 2026 results on Feb 09, 2026 Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: JP¥84.02 (vs JP¥65.45 in 2Q 2025) Second quarter 2026 results: EPS: JP¥84.02 (up from JP¥65.45 in 2Q 2025). Revenue: JP¥13.2b (up 2.6% from 2Q 2025). Net income: JP¥882.0m (up 29% from 2Q 2025). Profit margin: 6.7% (up from 5.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Nov 09
Dividend of JP¥92.00 announced Shareholders will receive a dividend of JP¥92.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Oct 29
Tanabe Engineering Corporation to Report Q2, 2026 Results on Nov 07, 2025 Tanabe Engineering Corporation announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥53.28 (vs JP¥51.21 in 1Q 2025) First quarter 2026 results: EPS: JP¥53.28 (up from JP¥51.21 in 1Q 2025). Revenue: JP¥11.7b (down 4.3% from 1Q 2025). Net income: JP¥559.0m (up 4.3% from 1Q 2025). Profit margin: 4.8% (up from 4.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: JP¥247 (vs JP¥180 in FY 2024) Full year 2025 results: EPS: JP¥247 (up from JP¥180 in FY 2024). Revenue: JP¥50.8b (down 1.9% from FY 2024). Net income: JP¥2.59b (up 37% from FY 2024). Profit margin: 5.1% (up from 3.7% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 31
Tanabe Engineering Corporation to Report Q1, 2026 Results on Aug 08, 2025 Tanabe Engineering Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥247 (vs JP¥180 in FY 2024) Full year 2025 results: EPS: JP¥247 (up from JP¥180 in FY 2024). Revenue: JP¥50.8b (down 1.9% from FY 2024). Net income: JP¥2.59b (up 37% from FY 2024). Profit margin: 5.1% (up from 3.7% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 13
Tanabe Engineering Corporation, Annual General Meeting, Jun 25, 2025 Tanabe Engineering Corporation, Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,750, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 10x in the Construction industry in Japan. Total returns to shareholders of 115% over the past three years. Buy Or Sell Opportunity • Mar 24
Now 20% undervalued Over the last 90 days, the stock has risen 24% to JP¥2,198. The fair value is estimated to be JP¥2,760, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 9.2%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.3%). Annonce • Mar 05
Tanabe Engineering Corporation to Report Fiscal Year 2025 Results on May 13, 2025 Tanabe Engineering Corporation announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥81.23 (vs JP¥10.42 in 3Q 2024) Third quarter 2025 results: EPS: JP¥81.23 (up from JP¥10.42 in 3Q 2024). Revenue: JP¥13.2b (down 7.0% from 3Q 2024). Net income: JP¥852.0m (up JP¥743.0m from 3Q 2024). Profit margin: 6.4% (up from 0.8% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Dec 04
Tanabe Engineering Corporation to Report Q3, 2025 Results on Feb 07, 2025 Tanabe Engineering Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Nov 08
Dividend of JP¥70.00 announced Shareholders will receive a dividend of JP¥70.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 4.2%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (25% 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 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥65.44 (vs JP¥57.64 in 2Q 2024) Second quarter 2025 results: EPS: JP¥65.44 (up from JP¥57.64 in 2Q 2024). Revenue: JP¥12.9b (up 4.3% from 2Q 2024). Net income: JP¥685.0m (up 13% from 2Q 2024). Profit margin: 5.3% (up from 4.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Annonce • Aug 28
Tanabe Engineering Corporation to Report Q2, 2025 Results on Nov 08, 2024 Tanabe Engineering Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥51.21 (vs JP¥39.35 in 1Q 2024) First quarter 2025 results: EPS: JP¥51.21 (up from JP¥39.35 in 1Q 2024). Revenue: JP¥12.2b (up 11% from 1Q 2024). Net income: JP¥536.0m (up 27% from 1Q 2024). Profit margin: 4.4% (up from 3.8% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. New Risk • Aug 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥1,402, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 76% over the past three years. Annonce • Jun 02
Tanabe Engineering Corporation to Report Q1, 2025 Results on Aug 09, 2024 Tanabe Engineering Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥180 (vs JP¥155 in FY 2023) Full year 2024 results: EPS: JP¥180 (up from JP¥155 in FY 2023). Revenue: JP¥51.8b (up 21% from FY 2023). Net income: JP¥1.90b (up 14% from FY 2023). Profit margin: 3.7% (down from 3.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Annonce • May 15
Tanabe Engineering Corporation, Annual General Meeting, Jun 26, 2024 Tanabe Engineering Corporation, Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.7%). Annonce • Mar 02
Tanabe Engineering Corporation to Report Fiscal Year 2024 Results on May 13, 2024 Tanabe Engineering Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Annonce • Feb 13
Tanabe Engineering Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024 Tanabe Engineering Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 47,000 million, operating profit of JPY 2,050 million and profit attributable to owners of the parent of JPY 1,300 million or JPY 123.22 earnings per share. Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥10.41 (vs JP¥49.63 in 3Q 2023) Third quarter 2024 results: EPS: JP¥10.41 (down from JP¥49.63 in 3Q 2023). Revenue: JP¥14.2b (up 32% from 3Q 2023). Net income: JP¥109.0m (down 80% from 3Q 2023). Profit margin: 0.8% (down from 4.9% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 14% per year, which means it is well ahead of earnings. Annonce • Nov 26
Tanabe Engineering Corporation to Report Q3, 2024 Results on Feb 07, 2024 Tanabe Engineering Corporation announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥57.63 (vs JP¥57.29 in 2Q 2023) Second quarter 2024 results: EPS: JP¥57.63. Revenue: JP¥12.4b (up 15% from 2Q 2023). Net income: JP¥609.0m (flat on 2Q 2023). Profit margin: 4.9% (down from 5.7% in 2Q 2023). The decrease in margin was driven by higher expenses. New Risk • Oct 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.8b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Annonce • Aug 27
Tanabe Engineering Corporation to Report Q2, 2024 Results on Nov 08, 2023 Tanabe Engineering Corporation announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥39.34 (vs JP¥32.24 in 1Q 2023) First quarter 2024 results: EPS: JP¥39.34 (up from JP¥32.24 in 1Q 2023). Revenue: JP¥11.0b (up 7.8% from 1Q 2023). Net income: JP¥421.0m (up 22% from 1Q 2023). Profit margin: 3.8% (up from 3.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Annonce • Aug 09
Tanabe Engineering Corporation (TSE:1828) announces an Equity Buyback for 250,000 shares, representing 2.34% for ¥325 million. Tanabe Engineering Corporation (TSE:1828) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.34% of its issued share capital (excluding treasury stock), for a total purchase price of ¥325 million. The shares will be repurchased at a price of ¥1,300 per share. The purpose of the program is to implement flexible capital policy according to the business environment. As of March 31, 2023, the company has 10,700,916 issued shares (excluding treasury stock) and 27,084 treasury shares. Annonce • Jun 01
Tanabe Engineering Corporation to Report Q1, 2024 Results on Aug 08, 2023 Tanabe Engineering Corporation announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥155 (vs JP¥175 in FY 2022) Full year 2023 results: EPS: JP¥155 (down from JP¥175 in FY 2022). Revenue: JP¥42.9b (up 1.0% from FY 2022). Net income: JP¥1.66b (down 12% from FY 2022). Profit margin: 3.9% (down from 4.4% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annonce • May 14
Tanabe Engineering Corporation, Annual General Meeting, Jun 28, 2023 Tanabe Engineering Corporation, Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥33.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.6%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥49.61 (vs JP¥38.97 in 3Q 2022) Third quarter 2023 results: EPS: JP¥49.61 (up from JP¥38.97 in 3Q 2022). Revenue: JP¥10.7b (up 6.7% from 3Q 2022). Net income: JP¥531.0m (up 27% from 3Q 2022). Profit margin: 4.9% (up from 4.1% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Annonce • Dec 01
Tanabe Engineering Corporation to Report Q3, 2023 Results on Feb 07, 2023 Tanabe Engineering Corporation announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 16
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. 6 non-independent directors. Unaffiliated Director Naoki Nomoto was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥57.28 (vs JP¥47.38 in 2Q 2022) Second quarter 2023 results: EPS: JP¥57.28 (up from JP¥47.38 in 2Q 2022). Revenue: JP¥10.8b (up 13% from 2Q 2022). Net income: JP¥613.0m (up 21% from 2Q 2022). Profit margin: 5.7% (up from 5.3% 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 3% per year whereas the company’s share price has increased by 5% per year. Annonce • Aug 28
Tanabe Engineering Corporation to Report Q2, 2023 Results on Nov 08, 2022 Tanabe Engineering Corporation announced that they will report Q2, 2023 results on Nov 08, 2022 Annonce • Aug 10
Tanabe Engineering Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 Tanabe Engineering Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 43,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 1,700 million and earnings per share of JPY 158.86. Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: JP¥32.24 (vs JP¥47.48 in 1Q 2022) First quarter 2023 results: EPS: JP¥32.24 (down from JP¥47.48 in 1Q 2022). Revenue: JP¥10.2b (down 4.6% from 1Q 2022). Net income: JP¥345.0m (down 32% from 1Q 2022). Profit margin: 3.4% (down from 4.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Annonce • Jun 01
Tanabe Engineering Corporation to Report Q1, 2023 Results on Aug 08, 2022 Tanabe Engineering Corporation announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥175 (vs JP¥164 in FY 2021) Full year 2022 results: EPS: JP¥175 (up from JP¥164 in FY 2021). Revenue: JP¥42.5b (up 12% from FY 2021). Net income: JP¥1.87b (up 6.7% from FY 2021). Profit margin: 4.4% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Annonce • May 15
Tanabe Engineering Corporation, Annual General Meeting, Jun 28, 2022 Tanabe Engineering Corporation, Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
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. 6 non-independent directors. Unaffiliated Director Naoki Nomoto was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 07
Tanabe Engineering Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Tanabe Engineering Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.1%). Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥38.96 (down from JP¥57.38 in 3Q 2021). Revenue: JP¥10.1b (up 1.9% from 3Q 2021). Net income: JP¥417.0m (down 32% from 3Q 2021). Profit margin: 4.1% (down from 6.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥47.38 (vs JP¥41.31 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¥9.59b (down 1.1% from 2Q 2021). Net income: JP¥507.0m (up 15% from 2Q 2021). Profit margin: 5.3% (up from 4.6% 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 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥47.48 (vs JP¥23.08 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.7b (up 51% from 1Q 2021). Net income: JP¥508.0m (up 106% from 1Q 2021). Profit margin: 4.7% (up from 3.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥164 (vs JP¥176 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥38.1b (up 1.1% from FY 2020). Net income: JP¥1.75b (down 6.7% from FY 2020). Profit margin: 4.6% (down from 5.0% in FY 2020). The decrease in margin was driven by higher expenses. 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 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (2.6%). Annonce • Mar 04
Tanabe Engineering Corporation to Report Fiscal Year 2021 Results on May 13, 2021 Tanabe Engineering Corporation announced that they will report fiscal year 2021 results on May 13, 2021 Is New 90 Day High Low • Mar 03
New 90-day high: JP¥884 The company is up 10.0% from its price of JP¥803 on 03 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 7.0% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥57.37 (vs JP¥58.32 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥9.89b (up 4.2% from 3Q 2020). Net income: JP¥614.0m (down 1.6% from 3Q 2020). Profit margin: 6.2% (down from 6.6% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 7% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 14
New 90-day high: JP¥862 The company is up 10.0% from its price of JP¥783 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 1.0% over the same period.