Reported Earnings • Aug 08
First quarter 2027 earnings released: EPS: JP¥58.51 (vs JP¥2.83 in 1Q 2026) First quarter 2027 results: EPS: JP¥58.51 (up from JP¥2.83 in 1Q 2026). Revenue: JP¥10.3b (up 35% from 1Q 2026). Net income: JP¥1.59b (up JP¥1.51b from 1Q 2026). Profit margin: 15% (up from 1.0% in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 25
Final dividend increased to JP¥23.00 Dividend of JP¥23.00 is 15% higher than last year. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 57% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Jul 16
Japan Cash Machine Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Japan Cash Machine Co., Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 15
Full year 2026 earnings released: EPS: JP¥173 (vs JP¥141 in FY 2025) Full year 2026 results: EPS: JP¥173 (up from JP¥141 in FY 2025). Revenue: JP¥31.6b (down 17% from FY 2025). Net income: JP¥4.69b (up 23% from FY 2025). Profit margin: 15% (up from 10% in FY 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annonce • May 13
Japan Cash Machine Co., Ltd., Annual General Meeting, Jun 24, 2026 Japan Cash Machine Co., Ltd., Annual General Meeting, Jun 24, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Annonce • Feb 12
Japan Cash Machine Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Japan Cash Machine Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026 Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥62.23 (vs JP¥59.64 in 3Q 2025) Third quarter 2026 results: EPS: JP¥62.23 (up from JP¥59.64 in 3Q 2025). Revenue: JP¥8.66b (down 4.6% from 3Q 2025). Net income: JP¥1.69b (up 5.1% from 3Q 2025). Profit margin: 20% (up from 18% in 3Q 2025). 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. Declared Dividend • Dec 06
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 8.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 64% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Dec 04
Japan Cash Machine Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Japan Cash Machine Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: JP¥118 (vs JP¥18.05 in 2Q 2025) Second quarter 2026 results: EPS: JP¥118 (up from JP¥18.05 in 2Q 2025). Revenue: JP¥7.16b (down 36% from 2Q 2025). Net income: JP¥3.21b (up JP¥2.73b from 2Q 2025). Profit margin: 45% (up from 4.4% in 2Q 2025). 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 8% per year, which means it is significantly lagging earnings growth. Annonce • Sep 27
Japan Cash Machine Co., Ltd. to Report Q2, 2026 Results on Nov 05, 2025 Japan Cash Machine Co., Ltd. announced that they will report Q2, 2026 results on Nov 05, 2025 New Risk • Aug 09
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: 5.3% Last year net profit margin: 13% 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. Profit margins are more than 30% lower than last year (5.3% net profit margin). Declared Dividend • Jul 09
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 6.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 8.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 65% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 30
Full year 2025 earnings released: EPS: JP¥141 (vs JP¥113 in FY 2024) Full year 2025 results: EPS: JP¥141 (up from JP¥113 in FY 2024). Revenue: JP¥37.8b (up 20% from FY 2024). Net income: JP¥3.81b (up 16% from FY 2024). Profit margin: 10% (in line with FY 2024). 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 14% per year, which means it is significantly lagging earnings growth. Annonce • May 31
Japan Cash Machine Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Japan Cash Machine Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 10
Full year 2025 earnings released: EPS: JP¥141 (vs JP¥113 in FY 2024) Full year 2025 results: EPS: JP¥141 (up from JP¥113 in FY 2024). Revenue: JP¥37.8b (up 20% from FY 2024). Net income: JP¥3.81b (up 16% from FY 2024). Profit margin: 10% (in line with FY 2024). 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 16% per year, which means it is significantly lagging earnings growth. Annonce • May 09
Japan Cash Machine Co., Ltd., Annual General Meeting, Jun 25, 2025 Japan Cash Machine Co., Ltd., Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥820, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 30% over the past three years. Annonce • Mar 27
Japan Cash Machine Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Japan Cash Machine Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥59.63 (vs JP¥10.70 in 3Q 2024) Third quarter 2025 results: EPS: JP¥59.63 (up from JP¥10.70 in 3Q 2024). Revenue: JP¥9.08b (up 1.3% from 3Q 2024). Net income: JP¥1.61b (up 412% from 3Q 2024). Profit margin: 18% (up from 3.5% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annonce • Feb 07
Japan Cash Machine Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025 Japan Cash Machine Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects Net sales of JPY 38,000 million, Operating profit of JPY 5,100 million. Profit attributable to owners of parent of JPY 3,900 million and Basic earnings per share of JPY 144.12. Annonce • Jan 17
Japan Cash Machine Co., Ltd. to Report Q3, 2025 Results on Feb 06, 2025 Japan Cash Machine Co., Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025 Declared Dividend • Dec 06
First half dividend of JP¥36.00 announced Shareholders will receive a dividend of JP¥36.00. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 4.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but not covered by cash flows (174% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 58% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥18.05 (vs JP¥21.16 in 2Q 2024) Second quarter 2025 results: EPS: JP¥18.05 (down from JP¥21.16 in 2Q 2024). Revenue: JP¥11.1b (up 61% from 2Q 2024). Net income: JP¥486.0m (down 22% from 2Q 2024). Profit margin: 4.4% (down from 9.0% 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 86% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Annonce • Aug 30
Japan Cash Machine Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Japan Cash Machine Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 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¥775, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 41% over the past three years. New Risk • Jul 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% 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 (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.3% average weekly change). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,161, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 95% over the past three years. Annonce • Jun 28
Japan Cash Machine Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024 Japan Cash Machine Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥113 (vs JP¥106 in FY 2023) Full year 2024 results: EPS: JP¥113 (up from JP¥106 in FY 2023). Revenue: JP¥31.6b (up 25% from FY 2023). Net income: JP¥3.28b (up 4.3% from FY 2023). Profit margin: 10% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Annonce • May 11
Japan Cash Machine Co., Ltd. (TSE:6418) announces an Equity Buyback for 1,220,000 shares, representing 4.34% for ¥1,579.9 million. Japan Cash Machine Co., Ltd. (TSE:6418) announces a share repurchase program. Under the program, the company will repurchase up to 1,220,000 shares, representing 4.34% of its share capital, for ¥1,579.9 million. The shares will be repurchased at a price of ¥1,295 per share. The purpose of the program is to enable the implementation of flexible capital policies in response to changes in the business environment. The program will expire on May 10, 2024. As of April 30, 2024, the company had 28,136,724 shares in issue (excluding treasury stock) and 1,535,927 shares in treasury. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). New Risk • Mar 12
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% 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 High level of non-cash earnings (45% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥10.70 (vs JP¥4.08 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥10.70 (up from JP¥4.08 loss in 3Q 2023). Revenue: JP¥8.96b (up 33% from 3Q 2023). Net income: JP¥314.0m (up JP¥435.0m from 3Q 2023). Profit margin: 3.5% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. New Risk • Nov 10
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 43% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: JP¥21.16 (vs JP¥12.03 in 2Q 2023) Second quarter 2024 results: EPS: JP¥21.16 (up from JP¥12.03 in 2Q 2023). Revenue: JP¥6.94b (up 11% from 2Q 2023). Net income: JP¥621.0m (up 74% from 2Q 2023). Profit margin: 9.0% (up from 5.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥5.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 10.0% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.4%). Annonce • Aug 27
Japan Cash Machine Co., Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Japan Cash Machine Co., Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 New Risk • Aug 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 38% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: JP¥25.56 (vs JP¥31.52 in 1Q 2023) First quarter 2024 results: EPS: JP¥25.56 (down from JP¥31.52 in 1Q 2023). Revenue: JP¥6.39b (up 6.3% from 1Q 2023). Net income: JP¥750.0m (down 20% from 1Q 2023). Profit margin: 12% (down from 16% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Annonce • Jun 29
Japan Cash Machine Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023 Japan Cash Machine Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023 Annonce • May 13
Japan Cash Machine Co., Ltd., Annual General Meeting, Jun 27, 2023 Japan Cash Machine Co., Ltd., Annual General Meeting, Jun 27, 2023. Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥106 (vs JP¥20.40 in FY 2022) Full year 2023 results: EPS: JP¥106 (up from JP¥20.40 in FY 2022). Revenue: JP¥25.3b (up 26% from FY 2022). Net income: JP¥3.15b (up 420% from FY 2022). Profit margin: 13% (up from 3.0% in FY 2022). 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 34% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥1,420, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 172% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.00 per share at 0.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: JP¥4.08 loss per share (vs JP¥28.25 profit in 3Q 2022) Third quarter 2023 results: JP¥4.08 loss per share (down from JP¥28.25 profit in 3Q 2022). Revenue: JP¥6.72b (up 21% from 3Q 2022). Net loss: JP¥121.0m (down 114% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annonce • Feb 09
Japan Cash Machine Co., Ltd. (TSE:6418) announces an Equity Buyback for 400,000 shares, representing 1.35% for ¥400 million. Japan Cash Machine Co., Ltd. (TSE:6418) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.35% of its share capital, for ¥400 million. The purpose of the program is to improve stock value per share and capital efficiency. The program will expire on July 31, 2023. As of December 31, 2022, the company had 29,669,902 shares in issue (excluding treasury stock) and 2,749 shares in treasury. Annonce • Dec 28
Japan Cash Machine Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023 Japan Cash Machine Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023 Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,014, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 12% over the past three years. 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. 6 non-independent directors. Independent Outside Director Tatsuhiko Saruwatari was the last independent director to join the board, commencing their role in 2020. The company's minority 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¥12.03 (vs JP¥5.50 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.03 (up from JP¥5.50 in 2Q 2022). Revenue: JP¥6.27b (up 28% from 2Q 2022). Net income: JP¥357.0m (up 119% from 2Q 2022). Profit margin: 5.7% (up from 3.3% 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 22% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: JP¥31.52 (vs JP¥0.37 in 1Q 2022) First quarter 2023 results: EPS: JP¥31.52 (up from JP¥0.37 in 1Q 2022). Revenue: JP¥6.01b (up 47% from 1Q 2022). Net income: JP¥935.0m (up JP¥924.0m from 1Q 2022). Profit margin: 16% (up from 0.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥20.40 (vs JP¥255 loss in FY 2021) Full year 2022 results: EPS: JP¥20.40 (up from JP¥255 loss in FY 2021). Revenue: JP¥20.0b (up 18% from FY 2021). Net income: JP¥605.0m (up JP¥8.16b from FY 2021). Profit margin: 3.0% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 51% 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. Buying Opportunity • May 11
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 6.5%. The fair value is estimated to be JP¥877, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Meanwhile, the company became loss making. 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. 6 non-independent directors. Independent Outside Director Tatsuhiko Saruwatari was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 12
Now 20% undervalued Over the last 90 days, the stock is up 3.1%. The fair value is estimated to be JP¥840, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Meanwhile, the company became loss making. Board Change • Mar 22
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. 6 non-independent directors. Independent Outside Director Tatsuhiko Saruwatari was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Feb 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.8%. The fair value is estimated to be JP¥833, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% per annum over the last 3 years. The company became loss making over the last 3 years. Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥28.25 (up from JP¥165 loss in 3Q 2021). Revenue: JP¥5.57b (up 17% from 3Q 2021). Net income: JP¥838.0m (up JP¥5.72b from 3Q 2021). Profit margin: 15% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥5.50 (vs JP¥35.67 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.91b (up 63% from 2Q 2021). Net income: JP¥163.0m (up JP¥1.22b from 2Q 2021). Profit margin: 3.3% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS JP¥0.37 (vs JP¥16.62 loss in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥4.10b (down 20% from 1Q 2021). Net income: JP¥11.0m (up JP¥504.0m from 1Q 2021). Profit margin: 0.3% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 29
Full year 2021 earnings released: JP¥255 loss per share (vs JP¥60.57 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥17.0b (down 35% from FY 2020). Net loss: JP¥7.56b (loss widened 321% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Reported Earnings • May 14
Full year 2021 earnings released: JP¥255 loss per share (vs JP¥60.57 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥17.0b (down 35% from FY 2020). Net loss: JP¥7.56b (loss widened 321% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 08
New 90-day high: JP¥561 The company is up 5.0% from its price of JP¥535 on 08 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: JP¥165 loss per share (vs JP¥0.24 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥4.76b (down 25% from 3Q 2020). Net loss: JP¥4.89b (down JP¥4.89b from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥509 The company is down 13% from its price of JP¥583 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 18% over the same period.