New Risk • Jun 19
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2025. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). 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¥3.20b market cap, or US$19.8m). Annonce • May 14
Havix Corporation, Annual General Meeting, Jun 24, 2026 Havix Corporation, Annual General Meeting, Jun 24, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%). New Risk • Jan 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). 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¥3.23b market cap, or US$20.6m). Annonce • Dec 25
Havix Corporation to Report Q3, 2026 Results on Feb 06, 2026 Havix Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 Annonce • Sep 30
Havix Corporation to Report Q2, 2026 Results on Nov 10, 2025 Havix Corporation announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Jun 21
Full year 2025 earnings released: EPS: JP¥86.17 (vs JP¥86.78 in FY 2024) Full year 2025 results: EPS: JP¥86.17 (down from JP¥86.78 in FY 2024). Revenue: JP¥13.4b (up 1.5% from FY 2024). Net income: JP¥672.0m (flat on FY 2024). Profit margin: 5.0% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annonce • Jun 21
Havix Corporation to Report Q1, 2026 Results on Aug 08, 2025 Havix Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥86.17 (vs JP¥86.78 in FY 2024) Full year 2025 results: EPS: JP¥86.17 (down from JP¥86.78 in FY 2024). Revenue: JP¥13.4b (up 1.5% from FY 2024). Net income: JP¥672.0m (flat on FY 2024). Profit margin: 5.0% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annonce • May 15
Havix Corporation, Annual General Meeting, Jun 20, 2025 Havix Corporation, Annual General Meeting, Jun 20, 2025. Annonce • Mar 21
Havix Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Havix Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥25.10 (vs JP¥28.41 in 3Q 2024) Third quarter 2025 results: EPS: JP¥25.10 (down from JP¥28.41 in 3Q 2024). Revenue: JP¥3.53b (flat on 3Q 2024). Net income: JP¥196.0m (down 11% from 3Q 2024). Profit margin: 5.5% (down from 6.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Jan 03
Havix Corporation to Report Q3, 2025 Results on Feb 07, 2025 Havix Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥14.61 (vs JP¥20.21 in 2Q 2024) Second quarter 2025 results: EPS: JP¥14.61 (down from JP¥20.21 in 2Q 2024). Revenue: JP¥3.34b (up 4.2% from 2Q 2024). Net income: JP¥114.0m (down 27% from 2Q 2024). Profit margin: 3.4% (down from 4.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥4.03b market cap, or US$28.6m). Annonce • Aug 27
Havix Corporation to Report Q2, 2025 Results on Nov 08, 2024 Havix Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥530, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 21x in the Household Products industry in Japan. Total returns to shareholders of 18% over the past three years. Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: JP¥24.30 (vs JP¥15.38 in 1Q 2024) First quarter 2025 results: EPS: JP¥24.30 (up from JP¥15.38 in 1Q 2024). Revenue: JP¥3.32b (flat on 1Q 2024). Net income: JP¥189.0m (up 59% from 1Q 2024). Profit margin: 5.7% (up from 3.6% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 09
Now 25% overvalued Over the last 90 days, the stock has fallen 3.7% to JP¥500. The fair value is estimated to be JP¥402, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 9.4%. 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 Earnings have declined by 31% 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 (6.5% average weekly change). Market cap is less than US$100m (JP¥3.31b market cap, or US$23.2m). Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥86.78 (vs JP¥6.73 in FY 2023) Full year 2024 results: EPS: JP¥86.78 (up from JP¥6.73 in FY 2023). Revenue: JP¥13.2b (up 9.3% from FY 2023). Net income: JP¥674.0m (up JP¥622.0m from FY 2023). Profit margin: 5.1% (up from 0.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annonce • Jun 06
Havix Corporation to Report Q1, 2025 Results on Aug 08, 2024 Havix Corporation announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 17
Full year 2024 earnings released: EPS: JP¥86.78 (vs JP¥6.73 in FY 2023) Full year 2024 results: EPS: JP¥86.78 (up from JP¥6.73 in FY 2023). Revenue: JP¥13.2b (up 9.3% from FY 2023). Net income: JP¥674.0m (up JP¥622.0m from FY 2023). Profit margin: 5.1% (up from 0.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • May 15
Havix Corporation, Annual General Meeting, Jun 21, 2024 Havix Corporation, Annual General Meeting, Jun 21, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Annonce • Mar 03
Havix Corporation to Report Fiscal Year 2024 Results on May 13, 2024 Havix Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥28.41 (vs JP¥13.96 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥28.41 (up from JP¥13.96 loss in 3Q 2023). Revenue: JP¥3.52b (up 13% from 3Q 2023). Net income: JP¥221.0m (up JP¥329.0m from 3Q 2023). Profit margin: 6.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥614, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 26x in the Household Products industry in Japan. Total returns to shareholders of 22% over the past three years. Annonce • Nov 29
Havix Corporation to Report Q3, 2024 Results on Feb 09, 2024 Havix Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Buying Opportunity • Nov 16
Now 21% undervalued Over the last 90 days, the stock is up 8.6%. The fair value is estimated to be JP¥525, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥20.21 (vs JP¥5.82 in 2Q 2023) Second quarter 2024 results: EPS: JP¥20.21 (up from JP¥5.82 in 2Q 2023). Revenue: JP¥3.21b (up 6.4% from 2Q 2023). Net income: JP¥157.0m (up 249% from 2Q 2023). Profit margin: 4.9% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Buying Opportunity • Oct 04
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥511, 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. Meanwhile, the company has become profitable. Buying Opportunity • Sep 12
Now 20% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥511, 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. Meanwhile, the company has become profitable. Annonce • Sep 01
Havix Corporation to Report Q2, 2024 Results on Nov 10, 2023 Havix Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: JP¥15.38 (vs JP¥12.47 in 1Q 2023) First quarter 2024 results: EPS: JP¥15.38 (up from JP¥12.47 in 1Q 2023). Revenue: JP¥3.33b (up 22% from 1Q 2023). Net income: JP¥119.0m (up 24% from 1Q 2023). Profit margin: 3.6% (in line with 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Annonce • Jun 07
Havix Corporation to Report Q1, 2024 Results on Aug 09, 2023 Havix Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥6.73 (vs JP¥311 loss in FY 2022) Full year 2023 results: EPS: JP¥6.73 (up from JP¥311 loss in FY 2022). Revenue: JP¥12.1b (up 11% from FY 2022). Net income: JP¥52.0m (up JP¥2.50b from FY 2022). Profit margin: 0.4% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Annonce • May 14
Havix Corporation, Annual General Meeting, Jun 22, 2023 Havix Corporation, Annual General Meeting, Jun 22, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥13.96 loss per share (vs JP¥4.68 profit in 3Q 2022) Third quarter 2023 results: JP¥13.96 loss per share (down from JP¥4.68 profit in 3Q 2022). Revenue: JP¥3.11b (up 3.2% from 3Q 2022). Net loss: JP¥108.0m (down 392% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Annonce • Dec 04
Havix Corporation to Report Q3, 2023 Results on Feb 03, 2023 Havix Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Outside Director Akihiro Ichikawa was the last independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥5.82 (vs JP¥1.77 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.82 (up from JP¥1.77 loss in 2Q 2022). Revenue: JP¥3.01b (up 18% from 2Q 2022). Net income: JP¥45.0m (up JP¥59.0m from 2Q 2022). Profit margin: 1.5% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Annonce • Aug 31
Havix Corporation to Report Q2, 2023 Results on Nov 04, 2022 Havix Corporation announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥12.47 (vs JP¥6.49 in 1Q 2022) First quarter 2023 results: EPS: JP¥12.47 (up from JP¥6.49 in 1Q 2022). Revenue: JP¥2.72b (up 3.5% from 1Q 2022). Net income: JP¥96.0m (up 88% from 1Q 2022). Profit margin: 3.5% (up from 1.9% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Annonce • Jun 05
Havix Corporation to Report Q1, 2023 Results on Aug 05, 2022 Havix Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 19
Full year 2022 earnings released: JP¥311 loss per share (vs JP¥71.42 profit in FY 2021) Full year 2022 results: JP¥311 loss per share (down from JP¥71.42 profit in FY 2021). Revenue: JP¥10.9b (up 2.3% from FY 2021). Net loss: JP¥2.45b (down JP¥3.01b from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Annonce • May 15
Havix Corporation, Annual General Meeting, Jun 24, 2022 Havix Corporation, Annual General Meeting, Jun 24, 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. 8 non-independent directors. Outside Director Akihiro Ichikawa was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 08
Havix Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Havix Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Annonce • Feb 07
Havix Corporation (JASDAQ:3895) announces an Equity Buyback for 200,000 shares, representing 2.53% for ¥90 million. Havix Corporation (JASDAQ:3895) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 2.53% for ¥90 million. The purpose of the program is to carry out agile capital policies that respond to changes in the business environment. The program will expire on February 28, 2022. As of January 31, 2022, the company had 7,898,383 shares (excluding treasury stock) in issue and 276,897 shares in treasury. Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥4.68 (down from JP¥27.72 in 3Q 2021). Revenue: JP¥3.02b (up 3.8% from 3Q 2021). Net income: JP¥37.0m (down 83% from 3Q 2021). Profit margin: 1.2% (down from 7.5% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: JP¥1.77 loss per share (vs JP¥10.69 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: JP¥2.55b (down 2.7% from 2Q 2021). Net loss: JP¥14.0m (down 117% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 13% per year. Reported Earnings • Jun 29
Full year 2021 earnings released: EPS JP¥71.42 (vs JP¥72.20 in FY 2020) The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2021 results: Revenue: JP¥10.6b (down 17% from FY 2020). Net income: JP¥561.0m (flat on FY 2020). Profit margin: 5.3% (up from 4.4% in FY 2020). The increase in margin was driven by lower expenses. 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 11% per year. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥71.42 (vs JP¥72.20 in FY 2020) The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2021 results: Revenue: JP¥10.6b (down 17% from FY 2020). Net income: JP¥561.0m (flat on FY 2020). Profit margin: 5.3% (up from 4.4% in FY 2020). The increase in margin was driven by lower expenses. 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 12% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.0%). Annonce • Mar 04
Havix Corporation to Report Fiscal Year 2021 Results on May 11, 2021 Havix Corporation announced that they will report fiscal year 2021 results on May 11, 2021 Is New 90 Day High Low • Feb 12
New 90-day high: JP¥562 The company is up 7.0% from its price of JP¥527 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Household Products industry, which is down 7.0% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS JP¥27.72 (vs JP¥30.12 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: JP¥2.91b (down 10% from 3Q 2020). Net income: JP¥218.0m (down 7.6% from 3Q 2020). Profit margin: 7.5% (up from 7.3% in 3Q 2020). 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 18% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 22
New 90-day high: JP¥553 The company is up 2.0% from its price of JP¥542 on 23 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Household Products industry, which is down 2.0% over the same period. Is New 90 Day High Low • Nov 19
New 90-day low: JP¥516 The company is down 10.0% from its price of JP¥574 on 21 August 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is up 7.0% over the same period. Reported Earnings • Nov 07
Second quarter 2021 earnings released: EPS JP¥10.69 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.62b (down 23% from 2Q 2020). Net income: JP¥84.0m (down 59% from 2Q 2020). Profit margin: 3.2% (down from 6.0% in 2Q 2020). The decrease in margin was driven by lower revenue. 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 19% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 20
New 90-day low: JP¥547 The company is down 20% from its price of JP¥683 on 22 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is flat over the same period. Is New 90 Day High Low • Sep 18
New 90-day low: JP¥548 The company is down 18% from its price of JP¥670 on 19 June 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is up 1.0% over the same period. 