New Risk • Aug 19
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: 0.3% Last year net profit margin: 0.6% 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 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 (6.6% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (JP¥9.87b market cap, or US$62.0m). Reported Earnings • Aug 19
First quarter 2027 earnings released: JP¥38.63 loss per share (vs JP¥11.03 profit in 1Q 2026) First quarter 2027 results: JP¥38.63 loss per share (down from JP¥11.03 profit in 1Q 2026). Revenue: JP¥74.3b (up 28% from 1Q 2026). Net loss: JP¥555.0m (down 449% from profit in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Aug 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% 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: 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 (6.9% average weekly change). Market cap is less than US$100m (JP¥10.3b market cap, or US$64.5m). Annonce • Jun 28
Chugai Mining Co., Ltd. to Report Q1, 2027 Results on Aug 14, 2026 Chugai Mining Co., Ltd. announced that they will report Q1, 2027 results on Aug 14, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥105 (vs JP¥84.52 in FY 2025) Full year 2026 results: EPS: JP¥105 (up from JP¥84.52 in FY 2025). Revenue: JP¥281.7b (up 74% from FY 2025). Net income: JP¥1.51b (up 24% from FY 2025). Profit margin: 0.5% (down from 0.8% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annonce • May 18
Chugai Mining Co., Ltd., Annual General Meeting, Jun 26, 2026 Chugai Mining Co., Ltd., Annual General Meeting, Jun 26, 2026. Annonce • May 09
Chugai Mining Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Chugai Mining Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 15, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥962, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 13x in the Metals and Mining industry in Japan. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,180, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 14x in the Metals and Mining industry in Japan. Total returns to shareholders of 103% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥51.62 (vs JP¥33.03 in 3Q 2025) Third quarter 2026 results: EPS: JP¥51.62 (up from JP¥33.03 in 3Q 2025). Revenue: JP¥80.8b (up 75% from 3Q 2025). Net income: JP¥743.0m (up 56% from 3Q 2025). Profit margin: 0.9% (down from 1.0% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,192, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 14x in the Metals and Mining industry in Japan. Total returns to shareholders of 105% over the past three years. Annonce • Dec 25
Chugai Mining Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Chugai Mining Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Dec 24
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 8.3% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥13.2b market cap, or US$84.9m). Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥918, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 12x in the Metals and Mining industry in Japan. Total returns to shareholders of 75% over the past three years. Buy Or Sell Opportunity • Dec 22
Now 21% overvalued Over the last 90 days, the stock has fallen 27% to JP¥807. The fair value is estimated to be JP¥667, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 42%. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥737, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 12x in the Metals and Mining industry in Japan. Total returns to shareholders of 35% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: JP¥0.99 (vs JP¥31.02 in 2Q 2025) Second quarter 2026 results: EPS: JP¥0.99. Revenue: JP¥54.9b (up 67% from 2Q 2025). Net income: JP¥559.0m (up 25% from 2Q 2025). Profit margin: 1.0% (down from 1.4% in 2Q 2025). The decrease in margin was driven by higher expenses. New Risk • Sep 29
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$97.5m) 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Dividend is not well covered by cash flows (191% cash payout ratio). Market cap is less than US$100m (JP¥14.5b market cap, or US$97.5m). Upcoming Dividend • Sep 22
Upcoming dividend of JP¥0.50 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%). Annonce • Sep 17
Chugai Mining Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025 Chugai Mining Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025 Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥53.00, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 12x in the Metals and Mining industry in Japan. Total returns to shareholders of 88% over the past three years. Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: JP¥0.55 (vs JP¥1.26 in 1Q 2025) First quarter 2026 results: EPS: JP¥0.55 (down from JP¥1.26 in 1Q 2025). Revenue: JP¥57.8b (up 51% from 1Q 2025). Net income: JP¥159.0m (down 56% from 1Q 2025). Profit margin: 0.3% (down from 0.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jul 23
Now 21% undervalued Over the last 90 days, the stock has risen 7.6% to JP¥71.00. The fair value is estimated to be JP¥89.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 29%. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥54.00, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total returns to shareholders of 92% over the past three years. Annonce • Jul 02
Chugai Mining Co., Ltd. to Report Q1, 2026 Results on Aug 13, 2025 Chugai Mining Co., Ltd. announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • Jun 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.4b (US$99.3m) 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Dividend is not well covered by cash flows (191% cash payout ratio). Market cap is less than US$100m (JP¥14.4b market cap, or US$99.3m). New Risk • Jun 05
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 191% Dividend yield: 3.8% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Dividend is not well covered by cash flows (191% cash payout ratio). Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥4.23 (vs JP¥0.76 in FY 2024) Full year 2025 results: EPS: JP¥4.23 (up from JP¥0.76 in FY 2024). Revenue: JP¥162.3b (up 43% from FY 2024). Net income: JP¥1.22b (up 459% from FY 2024). Profit margin: 0.8% (up from 0.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥60.00, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total returns to shareholders of 106% over the past three years. Annonce • May 15
Chugai Mining Co., Ltd., Annual General Meeting, Jun 27, 2025 Chugai Mining Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥65.00, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 10x in the Metals and Mining industry in Japan. Total returns to shareholders of 101% over the past three years. Annonce • Mar 25
Chugai Mining Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Chugai Mining Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to JP¥86.00, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 11x in the Metals and Mining industry in Japan. Total returns to shareholders of 166% over the past three years. Buy Or Sell Opportunity • Feb 17
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 40% to JP¥49.00. The fair value is estimated to be JP¥37.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 17%. Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥1.65 (vs JP¥0.028 in 3Q 2024) Third quarter 2025 results: EPS: JP¥1.65 (up from JP¥0.028 in 3Q 2024). Revenue: JP¥46.2b (up 40% from 3Q 2024). Net income: JP¥476.0m (up JP¥468.0m from 3Q 2024). Profit margin: 1.0% (up from 0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥44.00, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 10x in the Metals and Mining industry in Japan. Total returns to shareholders of 59% over the past three years. Annonce • Dec 10
Chugai Mining Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Chugai Mining Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥1.55 (vs JP¥0.16 in 2Q 2024) Second quarter 2025 results: EPS: JP¥1.55 (up from JP¥0.16 in 2Q 2024). Revenue: JP¥33.0b (up 30% from 2Q 2024). Net income: JP¥447.0m (up JP¥402.0m from 2Q 2024). Profit margin: 1.4% (up from 0.2% in 2Q 2024). 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 remained flat. New Risk • Nov 12
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 7.9% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Market cap is less than US$100m (JP¥11.0b market cap, or US$71.1m). Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥36.00, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total returns to shareholders of 13% over the past three years. Annonce • Sep 10
Chugai Mining Co., Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Chugai Mining Co., Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 19
First quarter 2025 earnings released: EPS: JP¥1.26 (vs JP¥0.61 in 1Q 2024) First quarter 2025 results: EPS: JP¥1.26 (up from JP¥0.61 in 1Q 2024). Revenue: JP¥38.4b (up 49% from 1Q 2024). Net income: JP¥364.0m (up 107% from 1Q 2024). Profit margin: 0.9% (up from 0.7% 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 9% per year whereas the company’s share price has fallen by 4% per year. Annonce • Jun 10
Chugai Mining Co., Ltd. to Report Q1, 2025 Results on Aug 14, 2024 Chugai Mining Co., Ltd. announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥0.76 (vs JP¥1.38 in FY 2023) Full year 2024 results: EPS: JP¥0.76 (down from JP¥1.38 in FY 2023). Revenue: JP¥113.8b (up 34% from FY 2023). Net income: JP¥218.0m (down 45% from FY 2023). Profit margin: 0.2% (down from 0.5% 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 1% per year and the company’s share price has also fallen by 1% per year. Annonce • May 16
Chugai Mining Co., Ltd., Annual General Meeting, Jun 27, 2024 Chugai Mining Co., Ltd., Annual General Meeting, Jun 27, 2024. Annonce • Mar 03
Chugai Mining Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Chugai Mining 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¥0.028 (vs JP¥0.80 in 3Q 2023) Third quarter 2024 results: EPS: JP¥0.028 (down from JP¥0.80 in 3Q 2023). Revenue: JP¥33.0b (up 54% from 3Q 2023). Net income: JP¥8.00m (down 97% from 3Q 2023). Profit margin: 0% (down from 1.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annonce • Dec 21
Chugai Mining Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Chugai Mining Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥0.16 (vs JP¥0.30 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥0.16 (up from JP¥0.30 loss in 2Q 2023). Revenue: JP¥25.3b (up 35% from 2Q 2023). Net income: JP¥45.0m (up JP¥132.0m from 2Q 2023). Profit margin: 0.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Annonce • Aug 30
Chugai Mining Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Chugai Mining Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥0.61 (vs JP¥0.77 in 1Q 2023) First quarter 2024 results: EPS: JP¥0.61 (down from JP¥0.77 in 1Q 2023). Revenue: JP¥25.8b (up 6.4% from 1Q 2023). Net income: JP¥176.0m (down 20% from 1Q 2023). Profit margin: 0.7% (down from 0.9% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Annonce • Jun 14
Chugai Mining Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Chugai Mining Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥1.38 (vs JP¥1.89 in FY 2022) Full year 2023 results: EPS: JP¥1.38 (down from JP¥1.89 in FY 2022). Revenue: JP¥84.8b (up 64% from FY 2022). Net income: JP¥398.0m (down 27% from FY 2022). Profit margin: 0.5% (down from 1.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annonce • May 14
Chugai Mining Co., Ltd., Annual General Meeting, Jun 29, 2023 Chugai Mining Co., Ltd., Annual General Meeting, Jun 29, 2023. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥0.80 (vs JP¥0.58 in 3Q 2022) Third quarter 2023 results: EPS: JP¥0.80 (up from JP¥0.58 in 3Q 2022). Revenue: JP¥21.4b (up 64% from 3Q 2022). Net income: JP¥231.0m (up 38% from 3Q 2022). Profit margin: 1.1% (down from 1.3% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Annonce • Dec 09
Chugai Mining Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Chugai Mining Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: JP¥0.30 loss per share (vs JP¥0.062 loss in 2Q 2022) Second quarter 2023 results: JP¥0.30 loss per share (further deteriorated from JP¥0.062 loss in 2Q 2022). Revenue: JP¥18.8b (up 93% from 2Q 2022). Net loss: JP¥87.0m (loss widened 383% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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. 5 non-independent directors. Independent Outside Director Katsuhiko Yoshinaga was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥0.30 loss per share (vs JP¥0.062 loss in 2Q 2022) Second quarter 2023 results: JP¥0.30 loss per share (further deteriorated from JP¥0.062 loss in 2Q 2022). Revenue: JP¥18.8b (up 93% from 2Q 2022). Net loss: JP¥87.0m (loss widened 383% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annonce • Sep 28
Chugai Mining Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Chugai Mining Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥0.77 (vs JP¥0.67 in 1Q 2022) First quarter 2023 results: EPS: JP¥0.77 (up from JP¥0.67 in 1Q 2022). Revenue: JP¥24.2b (up 106% from 1Q 2022). Net income: JP¥221.0m (up 14% from 1Q 2022). Profit margin: 0.9% (down from 1.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annonce • Jun 29
Chugai Mining Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Chugai Mining Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥1.89 (vs JP¥0.60 in FY 2021) Full year 2022 results: EPS: JP¥1.89 (up from JP¥0.60 in FY 2021). Revenue: JP¥51.6b (up 31% from FY 2021). Net income: JP¥546.0m (up 212% from FY 2021). Profit margin: 1.1% (up from 0.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annonce • May 15
Chugai Mining Co., Ltd., Annual General Meeting, Jun 29, 2022 Chugai Mining Co., Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
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. 5 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Katsuhiko Yoshinaga was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Apr 07
Chugai Mining Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Chugai Mining Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥0.58 (up from JP¥0.048 in 3Q 2021). Revenue: JP¥13.0b (up 28% from 3Q 2021). Net income: JP¥168.0m (up JP¥154.0m from 3Q 2021). Profit margin: 1.3% (up from 0.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Second quarter 2022 earnings released: JP¥0.062 loss per share (vs JP¥0.093 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¥9.70b (down 12% from 2Q 2021). Net loss: JP¥18.0m (down 167% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥0.67 (vs JP¥0.048 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.7b (up 40% from 1Q 2021). Net income: JP¥193.0m (up JP¥179.0m from 1Q 2021). Profit margin: 1.6% (up from 0.2% 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 76% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annonce • Aug 13
Chugai Mining Co., Ltd. (TSE:1491) announces an Equity Buyback for 1,428,500 shares, representing 0.49% for ¥50 million. Chugai Mining Co., Ltd. (TSE:1491) announces a share repurchase program. Under the program, the company will repurchase up to 1,428,500 shares, representing 0.49% of its issued share capital (excluding treasury stock), at ¥35 per share, for ¥50 million. The purpose of the program is to enable flexible and efficient execution of capital policies in response to changes in the business environment. The program will run until August 13, 2021. As of March 31, 2021, the company had 289,645,566 shares in issue (excluding treasury stock) and 102,416 shares in treasury. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥35.00, the stock trades at a trailing P/E ratio of 57.9x. Average trailing P/E is 11x in the Metals and Mining industry in Japan. Total returns to shareholders of 75% over the past three years. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥0.60 (vs JP¥1.02 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥39.5b (up 38% from FY 2020). Net income: JP¥175.0m (up JP¥471.0m from FY 2020). Profit margin: 0.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 18
New 90-day low: JP¥33.00 The company is down 8.0% from its price of JP¥36.00 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 29% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥0.048 (vs JP¥0.37 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥10.1b (up 42% from 3Q 2020). Net income: JP¥14.0m (up JP¥121.0m from 3Q 2020). Profit margin: 0.1% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annonce • Dec 26
Chugai Mining Co., Ltd. to Report Q3, 2021 Results on Feb 10, 2021 Chugai Mining Co., Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021 Annonce • Sep 25
Chugai Mining Co., Ltd. to Report Q2, 2021 Results on Nov 12, 2020 Chugai Mining Co., Ltd. announced that they will report Q2, 2021 results on Nov 12, 2020