Valuation Update With 7 Day Price Move • 19h
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €70.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 28x in the Electrical industry in Germany. Total returns to shareholders of 503% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €61.07 per share. Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥636 (vs JP¥386 in FY 2025) Full year 2026 results: EPS: JP¥636 (up from JP¥386 in FY 2025). Revenue: JP¥277.7b (up 17% from FY 2025). Net income: JP¥18.8b (up 65% from FY 2025). Profit margin: 6.8% (up from 4.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Koji Naito was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 14
SWCC Corporation, Annual General Meeting, Jun 25, 2026 SWCC Corporation, Annual General Meeting, Jun 25, 2026. Annuncio • Apr 08
SWCC Corporation to Report Fiscal Year 2026 Results on May 14, 2026 SWCC Corporation announced that they will report fiscal year 2026 results at 2:00 PM, Tokyo Standard Time on May 14, 2026 Annuncio • Dec 28
SWCC Corporation to Report Q3, 2026 Results on Feb 09, 2026 SWCC Corporation announced that they will report Q3, 2026 results at 2:00 PM, Tokyo Standard Time on Feb 09, 2026 Annuncio • Nov 28
SWCC Corporation (TSE:5805) agreed to acquire remaining 20% stake in Showa Furukawa Cable Co., Ltd. from Furukawa Electric Co., Ltd. (TSE:5801). SWCC Corporation (TSE:5805) agreed to acquire remaining 20% stake in Showa Furukawa Cable Co., Ltd. from Furukawa Electric Co., Ltd. (TSE:5801) on November 27, 2025. Upon completion, SWCC Corporation will own 100% stake in Showa Furukawa Cable Co., Ltd.
As of March 31, 2025, Showa Furukawa Cable Co., Ltd. reported total assets of ¥25.44 billion and total common equity of ¥7.02 billion.
The expected completion of the transaction is March 31, 2026. Annuncio • Sep 02
SWCC Corporation to Report Q2, 2026 Results on Nov 12, 2025 SWCC Corporation announced that they will report Q2, 2026 results on Nov 12, 2025 Annuncio • Jun 13
SWCC Corporation to Report Q1, 2026 Results on Aug 08, 2025 SWCC Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Annuncio • Mar 29
SWCC Corporation (TSE:5805) and Development Bank of Japan Inc. Completed the acquisition of TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG). SWCC Corporation (TSE:5805) and Development Bank of Japan Inc. agreed to acquire TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG) on February 21, 2025. A cash consideration of ¥14.4 billion will be paid by SWCC Corporation. As part of consideration, ¥14.4 billion is paid towards common equity of TOTOKU ELECTRIC CO., LTD. The expected completion of the transaction is March 31, 2025.
SWCC Corporation (TSE:5805) and Development Bank of Japan Inc. Completed the acquisition of TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG) on March 27, 2025. Nishimura & Asahi acted as Legal advisor to The Carlyle Group Inc. (NasdaqGS:CG). Annuncio • Mar 26
SWCC Corporation to Report Fiscal Year 2025 Results on May 13, 2025 SWCC Corporation announced that they will report fiscal year 2025 results on May 13, 2025 Annuncio • Feb 22
SWCC Corporation (TSE:5805) agreed to acquire 51% stake in TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG) for ¥14.4 billion. SWCC Corporation (TSE:5805) agreed to acquire 51% stake in TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG) for ¥14.4 billion on February 21, 2025. A cash consideration of ¥14.4 billion will be paid by SWCC Corporation. As part of consideration, ¥14.4 billion is paid towards common equity of TOTOKU ELECTRIC CO., LTD. In related transaction Development Bank of Japan entered into signed a shareholders agreement to acquire 49% stake in TOTOKU ELECTRIC CO., LTD.
The expected completion of the transaction is March 31, 2025. Annuncio • Jan 03
SWCC Corporation to Report Q3, 2025 Results on Feb 07, 2025 SWCC Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: JP¥21.99 (vs JP¥70.56 in 2Q 2024) Second quarter 2025 results: EPS: JP¥21.99 (down from JP¥70.56 in 2Q 2024). Revenue: JP¥60.4b (up 21% from 2Q 2024). Net income: JP¥650.0m (down 69% from 2Q 2024). Profit margin: 1.1% (down from 4.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. 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 43% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €41.20, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electrical industry in Germany. Total returns to shareholders of 212% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €37.31 per share. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.7%). Annuncio • Sep 19
SWCC Corporation to Report Q2, 2025 Results on Nov 12, 2024 SWCC Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 Buy Or Sell Opportunity • Sep 11
Now 20% undervalued Over the last 90 days, the stock has risen 15% to €30.80. The fair value is estimated to be €38.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €33.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Electrical industry in Germany. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €36.57 per share. Buy Or Sell Opportunity • Aug 15
Now 21% undervalued Over the last 90 days, the stock has risen 18% to €28.80. The fair value is estimated to be €36.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 5.1% per annum over the same time period. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥99.17 (vs JP¥39.48 in 1Q 2024) First quarter 2025 results: EPS: JP¥99.17 (up from JP¥39.48 in 1Q 2024). Revenue: JP¥56.9b (up 18% from 1Q 2024). Net income: JP¥2.93b (up 148% from 1Q 2024). Profit margin: 5.1% (up from 2.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €21.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Electrical industry in Germany. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.29 per share. Annuncio • Jun 26
SWCC Corporation to Report Q1, 2025 Results on Aug 09, 2024 SWCC Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Buy Or Sell Opportunity • Jun 05
Now 24% undervalued Over the last 90 days, the stock has risen 15% to €25.00. The fair value is estimated to be €32.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 5.6% per annum over the same time period. Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥297 (vs JP¥315 in FY 2023) Full year 2024 results: EPS: JP¥297 (down from JP¥315 in FY 2023). Revenue: JP¥213.9b (up 2.3% from FY 2023). Net income: JP¥8.84b (down 6.1% from FY 2023). Profit margin: 4.1% (down from 4.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • May 16
Now 25% undervalued Over the last 90 days, the stock has risen 25% to €24.40. The fair value is estimated to be €32.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 4.4% per annum over the same time period. Annuncio • May 15
SWCC Corporation, Annual General Meeting, Jun 25, 2024 SWCC Corporation, Annual General Meeting, Jun 25, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.9%). Annuncio • Mar 02
SWCC Corporation to Report Fiscal Year 2024 Results on May 13, 2024 SWCC Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥102 (vs JP¥90.36 in 3Q 2023) Third quarter 2024 results: EPS: JP¥102 (up from JP¥90.36 in 3Q 2023). Revenue: JP¥60.1b (up 7.7% from 3Q 2023). Net income: JP¥3.04b (up 12% from 3Q 2023). Profit margin: 5.1% (up from 4.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electrical industry in Germany. Annuncio • Dec 15
SWCC Corporation to Report Q3, 2024 Results on Feb 02, 2024 SWCC Corporation announced that they will report Q3, 2024 results on Feb 02, 2024 Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €15.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Electrical industry in Europe. Total returns to shareholders of 43% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €22.94 per share. New Risk • Nov 06
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 German stocks, typically moving 6.3% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: JP¥70.56 (vs JP¥69.41 in 2Q 2023) Second quarter 2024 results: EPS: JP¥70.56 (up from JP¥69.41 in 2Q 2023). Revenue: JP¥50.0b (down 4.3% from 2Q 2023). Net income: JP¥2.11b (up 1.8% from 2Q 2023). Profit margin: 4.2% (up from 4.0% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Electrical industry in Germany. Annuncio • Nov 04
SWCC Corporation (TSE:5805) announces an Equity Buyback for 670,000 shares, representing 2.24% for ¥1,000 million. SWCC Corporation (TSE:5805) announces a share repurchase program. Under the program, the company will repurchase up to 670,000 shares, representing 2.24% of its issued share capital, for ¥1,000 million. The purpose of the program to improve capital efficiency. The program is valid till January 31, 2024. As of September 30, 2023, the company had 29,917,520 issued shares (excluding treasury stock) and 909,341 shares in treasury stock. Annuncio • Sep 28
SWCC Corporation to Report Q2, 2024 Results on Nov 02, 2023 SWCC Corporation announced that they will report Q2, 2024 results on Nov 02, 2023 Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: JP¥39.47 (vs JP¥54.93 in 1Q 2023) First quarter 2024 results: EPS: JP¥39.47 (down from JP¥54.93 in 1Q 2023). Revenue: JP¥48.4b (down 3.2% from 1Q 2023). Net income: JP¥1.18b (down 28% from 1Q 2023). Profit margin: 2.4% (down from 3.3% in 1Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electrical industry in Germany. Buying Opportunity • Aug 04
Now 25% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €15.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings is also forecast to grow by 2.5% per annum over the same time period. Annuncio • Jun 23
SWCC Corporation to Report Q1, 2024 Results on Aug 03, 2023 SWCC Corporation announced that they will report Q1, 2024 results on Aug 03, 2023 Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥315 (vs JP¥313 in FY 2022) Full year 2023 results: EPS: JP¥315 (up from JP¥313 in FY 2022). Revenue: JP¥209.1b (up 5.0% from FY 2022). Net income: JP¥9.41b (flat on FY 2022). Profit margin: 4.5% (down from 4.7% in FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Annuncio • May 13
SWCC Corporation, Annual General Meeting, Jun 27, 2023 SWCC Corporation, Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: JP¥90.35 (vs JP¥68.83 in 3Q 2022) Third quarter 2023 results: EPS: JP¥90.35 (up from JP¥68.83 in 3Q 2022). Revenue: JP¥55.8b (up 6.2% from 3Q 2022). Net income: JP¥2.70b (up 32% from 3Q 2022). Profit margin: 4.8% (up from 3.9% in 3Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electrical industry in Germany. Annuncio • Dec 22
SWCC Showa Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023 SWCC Showa Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
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. 7 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Outside Director Yuji Sakakura was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥69.41 (vs JP¥48.66 in 2Q 2022) Second quarter 2023 results: EPS: JP¥69.41 (up from JP¥48.66 in 2Q 2022). Revenue: JP¥52.3b (up 5.5% from 2Q 2022). Net income: JP¥2.07b (up 43% from 2Q 2022). Profit margin: 4.0% (up from 2.9% in 2Q 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in Germany. Annuncio • Oct 05
SWCC Showa Holdings Co., Ltd. to Report Q2, 2023 Results on Nov 04, 2022 SWCC Showa Holdings Co., Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: JP¥54.93 (vs JP¥57.62 in 1Q 2022) First quarter 2023 results: EPS: JP¥54.93 (down from JP¥57.62 in 1Q 2022). Revenue: JP¥50.0b (up 11% from 1Q 2022). Net income: JP¥1.64b (down 4.6% from 1Q 2022). Profit margin: 3.3% (down from 3.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.6%, compared to a 15% growth forecast for the industry in Germany. Annuncio • Jun 29
SWCC Showa Holdings Co., Ltd. to Report Q1, 2023 Results on Aug 03, 2022 SWCC Showa Holdings Co., Ltd. announced that they will report Q1, 2023 results on Aug 03, 2022 Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥313 (vs JP¥166 in FY 2021) Full year 2022 results: EPS: JP¥313 (up from JP¥166 in FY 2021). Revenue: JP¥199.2b (up 23% from FY 2021). Net income: JP¥9.35b (up 88% from FY 2021). Profit margin: 4.7% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.4%, compared to a 11% growth forecast for the industry in Germany. Annuncio • May 13
SWCC Showa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2022 SWCC Showa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2022. Board Change • May 02
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. 6 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Outside Director Yuji Sakakura was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Apr 08
SWCC Showa Holdings Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 SWCC Showa Holdings Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 8.9% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.9%). Reported Earnings • Feb 04
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥68.83 (up from JP¥54.81 in 3Q 2021). Revenue: JP¥52.5b (up 22% from 3Q 2021). Net income: JP¥2.05b (up 26% from 3Q 2021). Profit margin: 3.9% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 4.5%, compared to a 14% growth forecast for the industry in Germany. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS JP¥48.65 (vs JP¥47.74 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥49.6b (up 29% from 2Q 2021). Net income: JP¥1.45b (up 2.0% from 2Q 2021). Profit margin: 2.9% (down from 3.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥15.99, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 22x in the Electrical industry in Germany. Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥57.62 (vs JP¥13.38 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥45.2b (up 34% from 1Q 2021). Net income: JP¥1.72b (up 331% from 1Q 2021). Profit margin: 3.8% (up from 1.2% in 1Q 2021). The increase in margin was driven by higher revenue. Board Change • Jul 27
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. 6 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Outside Director Yuji Sakakura was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥166 (vs JP¥183 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥161.7b (down 5.5% from FY 2020). Net income: JP¥4.97b (down 9.1% from FY 2020). Profit margin: 3.1% (down from 3.2% in FY 2020). The decrease in margin was driven by lower revenue. 
