Declared Dividend • 13h
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2026 Payment date: 11th December 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jul 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.2% to JP¥1,578. The fair value is estimated to be JP¥1,976, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 7.1%. Annonce • Jun 17
Chino Corporation to Report Q1, 2027 Results on Aug 10, 2026 Chino Corporation announced that they will report Q1, 2027 results on Aug 10, 2026 Buy Or Sell Opportunity • May 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.7% to JP¥1,508. The fair value is estimated to be JP¥1,925, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 7.0%. Annonce • May 15
Chino Corporation, Annual General Meeting, Jun 26, 2026 Chino Corporation, Annual General Meeting, Jun 26, 2026. Annonce • May 10
Chino Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Chino Corporation announced that they will report fiscal year 2026 results on May 14, 2026 Buy Or Sell Opportunity • Apr 24
Now 21% undervalued Over the last 90 days, the stock has risen 7.2% to JP¥1,537. The fair value is estimated to be JP¥1,938, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 7.8%. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Buy Or Sell Opportunity • Mar 19
Now 21% undervalued Over the last 90 days, the stock has risen 14% to JP¥1,554. The fair value is estimated to be JP¥1,969, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 7.8%. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥26.55 (vs JP¥19.58 in 3Q 2025) Third quarter 2026 results: EPS: JP¥26.55 (up from JP¥19.58 in 3Q 2025). Revenue: JP¥7.11b (up 12% from 3Q 2025). Net income: JP¥451.0m (up 35% from 3Q 2025). Profit margin: 6.3% (up from 5.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Dec 30
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. 3 non-independent directors. Independent Outside Director Kuniko Onozuka was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Dec 20
Chino Corporation to Report Q3, 2026 Results on Feb 10, 2026 Chino Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 Declared Dividend • Dec 12
First half dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥49,345 (vs JP¥25.24 in 2Q 2025) Second quarter 2026 results: EPS: JP¥49,345. Revenue: JP¥7.28b (down 1.2% from 2Q 2025). Net income: JP¥354.0m (down 18% from 2Q 2025). Profit margin: 4.9% (down from 5.8% in 2Q 2025). Buy Or Sell Opportunity • Nov 07
Now 20% undervalued Over the last 90 days, the stock has risen 11% to JP¥1,339. The fair value is estimated to be JP¥1,679, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 13%. Buy Or Sell Opportunity • Oct 10
Now 22% undervalued Over the last 90 days, the stock has risen 13% to JP¥1,297. The fair value is estimated to be JP¥1,664, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 13%. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 11 December 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Annonce • Sep 19
Chino Corporation to Report Q2, 2026 Results on Nov 12, 2025 Chino Corporation announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥13.41 (vs JP¥37.25 in 1Q 2025) First quarter 2026 results: EPS: JP¥13.41 (down from JP¥37.25 in 1Q 2025). Revenue: JP¥6.91b (up 4.9% from 1Q 2025). Net income: JP¥114.0m (down 64% from 1Q 2025). Profit margin: 1.7% (down from 4.8% 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 13% per year whereas the company’s share price has increased by 12% per year. Declared Dividend • Jul 09
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 29th September 2025 Payment date: 11th December 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Jun 17
Chino Corporation to Report Q1, 2026 Results on Aug 08, 2025 Chino Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 15
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥234 (up from JP¥207 in FY 2024). Revenue: JP¥29.3b (up 6.9% from FY 2024). Net income: JP¥1.99b (up 13% from FY 2024). Profit margin: 6.8% (up from 6.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,248, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 53% over the past three years. Annonce • May 13
Chino Corporation, Annual General Meeting, Jun 27, 2025 Chino Corporation, Annual General Meeting, Jun 27, 2025. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥13.9b (US$94.9m) 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: Minor Risks Dividend is not well covered by cash flows (166% cash payout ratio). Market cap is less than US$100m (JP¥13.9b market cap, or US$94.9m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,633, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 11% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Annonce • Mar 13
Chino Corporation to Report Fiscal Year 2025 Results on May 13, 2025 Chino Corporation announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥39.16 (vs JP¥56.29 in 3Q 2024) Third quarter 2025 results: EPS: JP¥39.16 (down from JP¥56.29 in 3Q 2024). Revenue: JP¥6.33b (down 8.6% from 3Q 2024). Net income: JP¥333.0m (down 30% from 3Q 2024). Profit margin: 5.3% (down from 6.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year. Declared Dividend • Dec 12
First half dividend increased to JP¥45.00 Dividend of JP¥45.00 is 13% higher than last year. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but not covered by cash flows (154% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Dec 04
Chino Corporation to Report Q3, 2025 Results on Feb 12, 2025 Chino Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥50.47 (vs JP¥41.94 in 2Q 2024) Second quarter 2025 results: EPS: JP¥50.47 (up from JP¥41.94 in 2Q 2024). Revenue: JP¥7.37b (up 14% from 2Q 2024). Net income: JP¥429.0m (up 21% from 2Q 2024). Profit margin: 5.8% (up from 5.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Annonce • Sep 13
Chino Corporation to Report Q2, 2025 Results on Nov 12, 2024 Chino Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥24.02 (vs JP¥30.89 in 1Q 2024) First quarter 2025 results: EPS: JP¥24.02 (down from JP¥30.89 in 1Q 2024). Revenue: JP¥5.80b (up 5.0% from 1Q 2024). Net income: JP¥204.0m (down 22% from 1Q 2024). Profit margin: 3.5% (down from 4.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,990, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 43% over the past three years. Declared Dividend • Jul 11
Final dividend increased to JP¥25.00 Dividend of JP¥25.00 is 25% higher than last year. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (9% 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 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jun 15
Chino Corporation to Report Q1, 2025 Results on Aug 09, 2024 Chino Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 16
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: JP¥207 (up from JP¥181 in FY 2023). Revenue: JP¥27.4b (up 15% from FY 2023). Net income: JP¥1.76b (up 14% from FY 2023). Profit margin: 6.4% (down from 6.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 23% per year. Annonce • May 15
Chino Corporation, Annual General Meeting, Jun 27, 2024 Chino Corporation, Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 9.3% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Annonce • Mar 09
Chino Corporation to Report Fiscal Year 2024 Results on May 13, 2024 Chino Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥56.28 (vs JP¥43.39 in 3Q 2023) Third quarter 2024 results: EPS: JP¥56.28 (up from JP¥43.39 in 3Q 2023). Revenue: JP¥6.93b (up 17% from 3Q 2023). Net income: JP¥478.0m (up 30% from 3Q 2023). Profit margin: 6.9% (up from 6.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 19% per year. Annonce • Dec 17
Chino Corporation to Report Q3, 2024 Results on Feb 09, 2024 Chino Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Annonce • Nov 21
Chino Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024 Chino Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects dividend of JPY 40.00 against JPY 52.00 a year ago. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥41.94 (vs JP¥30.08 in 2Q 2023) Second quarter 2024 results: EPS: JP¥41.94 (up from JP¥30.08 in 2Q 2023). Revenue: JP¥6.48b (up 20% from 2Q 2023). Net income: JP¥356.0m (up 40% from 2Q 2023). Profit margin: 5.5% (up from 4.7% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 15% per year. Annonce • Sep 10
Chino Corporation to Report Q2, 2024 Results on Nov 10, 2023 Chino Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥30.88 (vs JP¥22.56 in 1Q 2023) First quarter 2024 results: EPS: JP¥30.88 (up from JP¥22.56 in 1Q 2023). Revenue: JP¥5.52b (up 13% from 1Q 2023). Net income: JP¥262.0m (up 37% from 1Q 2023). Profit margin: 4.7% (up from 3.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Aug 07
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Yukinobu Miki was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Jun 11
Chino Corporation to Report Q1, 2024 Results on Aug 09, 2023 Chino Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥181 (vs JP¥124 in FY 2022) Full year 2023 results: EPS: JP¥181 (up from JP¥124 in FY 2022). Revenue: JP¥23.8b (up 8.6% from FY 2022). Net income: JP¥1.54b (up 46% from FY 2022). Profit margin: 6.5% (up from 4.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 14
Chino Corporation, Annual General Meeting, Jun 29, 2023 Chino Corporation, Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥47.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥43.38 (vs JP¥26.80 in 3Q 2022) Third quarter 2023 results: EPS: JP¥43.38 (up from JP¥26.80 in 3Q 2022). Revenue: JP¥5.93b (up 20% from 3Q 2022). Net income: JP¥368.0m (up 62% from 3Q 2022). Profit margin: 6.2% (up from 4.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Annonce • Dec 04
Chino Corporation to Report Q3, 2023 Results on Feb 09, 2023 Chino Corporation announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥30.08 (vs JP¥24.09 in 2Q 2022) Second quarter 2023 results: EPS: JP¥30.08 (up from JP¥24.09 in 2Q 2022). Revenue: JP¥5.41b (up 1.0% from 2Q 2022). Net income: JP¥255.0m (up 25% from 2Q 2022). Profit margin: 4.7% (up from 3.8% in 2Q 2022). 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 10% per year, which means it is well ahead of earnings. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥30.08 (vs JP¥24.09 in 2Q 2022) Second quarter 2023 results: EPS: JP¥30.08 (up from JP¥24.09 in 2Q 2022). Revenue: JP¥5.41b (up 1.0% from 2Q 2022). Net income: JP¥255.0m (up 25% from 2Q 2022). Profit margin: 4.7% (up from 3.8% in 2Q 2022). 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 8% per year, which means it is well ahead of earnings. Annonce • Sep 03
Chino Corporation to Report Q2, 2023 Results on Nov 10, 2022 Chino Corporation announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥22.55 (vs JP¥5.31 in 1Q 2022) First quarter 2023 results: EPS: JP¥22.55 (up from JP¥5.31 in 1Q 2022). Revenue: JP¥4.87b (up 12% from 1Q 2022). Net income: JP¥191.0m (up 324% from 1Q 2022). Profit margin: 3.9% (up from 1.0% 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 5% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Annonce • Jun 18
Chino Corporation to Report Q1, 2023 Results on Aug 09, 2022 Chino Corporation announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥124 (vs JP¥152 in FY 2021) Full year 2022 results: EPS: JP¥124 (down from JP¥152 in FY 2021). Revenue: JP¥21.9b (up 3.9% from FY 2021). Net income: JP¥1.05b (down 19% from FY 2021). Profit margin: 4.8% (down from 6.1% in FY 2021). The decrease in margin was driven by higher expenses. 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 11% per year, which means it is well ahead of earnings. Annonce • May 15
Chino Corporation, Annual General Meeting, Jun 28, 2022 Chino Corporation, Annual General Meeting, Jun 28, 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. 4 experienced directors. 8 highly experienced directors. 2 independent directors (7 non-independent directors). Independent External Director Tatsuyoshi Yoshiike was the last independent director to join the board, commencing their role in 2015. 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 08
Chino Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Chino Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥26.80 (up from JP¥12.87 in 3Q 2021). Revenue: JP¥4.95b (up 1.7% from 3Q 2021). Net income: JP¥227.0m (up 108% from 3Q 2021). Profit margin: 4.6% (up from 2.2% in 3Q 2021). Revenue was in line with analyst estimates. 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 6% per year, which means it is well ahead of earnings. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥24.09 (vs JP¥20.19 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥5.35b (up 3.8% from 2Q 2021). Net income: JP¥204.0m (up 19% from 2Q 2021). Profit margin: 3.8% (up from 3.3% in 2Q 2021). 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 increased by 2% per year. Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS JP¥5.31 (vs JP¥43.09 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥4.36b (up 4.8% from 1Q 2021). Net income: JP¥45.0m (down 88% from 1Q 2021). Profit margin: 1.0% (down from 8.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥152 (vs JP¥144 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥21.1b (up 2.4% from FY 2020). Net income: JP¥1.29b (up 5.8% from FY 2020). Profit margin: 6.1% (up from 5.9% in FY 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Is New 90 Day High Low • Feb 24
New 90-day low: JP¥1,363 The company is down 5.0% from its price of JP¥1,435 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥12.87 (vs JP¥7.32 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.86b (up 4.1% from 3Q 2020). Net income: JP¥109.0m (up 76% from 3Q 2020). Profit margin: 2.2% (up from 1.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 08
New 90-day high: JP¥1,519 The company is up 11% from its price of JP¥1,370 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 18% over the same period. Annonce • Dec 11
Chino Corporation to Report Q3, 2021 Results on Feb 09, 2021 Chino Corporation announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Dec 09
New 90-day high: JP¥1,452 The company is up 8.0% from its price of JP¥1,345 on 10 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 19% over the same period. Annonce • Aug 30
Chino Corporation to Report Q2, 2021 Results on Nov 11, 2020 Chino Corporation announced that they will report Q2, 2021 results on Nov 11, 2020 Annonce • Jun 19
Chino Corporation to Report Q1, 2021 Results on Aug 07, 2020 Chino Corporation announced that they will report Q1, 2021 results on Aug 07, 2020