Reported Earnings • Jul 30
First quarter 2027 earnings released: EPS: JP¥362 (vs JP¥314 in 1Q 2026) First quarter 2027 results: EPS: JP¥362 (up from JP¥314 in 1Q 2026). Revenue: JP¥19.3b (up 12% from 1Q 2026). Net income: JP¥4.47b (up 15% from 1Q 2026). Profit margin: 23% (in line with 1Q 2026). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €260, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 20x in the Electronic industry in Germany. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €154 per share. Annuncio • Jul 29
Maruwa Co.,Ltd. Revises Consolidated Earnings Guidance for the Six Months Ending September 30, 2026 and Full Year of the Fiscal Year Ending March 31, 2027 Maruwa Co.,Ltd. revised consolidated earnings guidance for the Six months ending September 30, 2026 and full year of the fiscal year ending March 31, 2027. For the six months ending September 30, 2026, the company expects net sales of JPY 42,200 million and operating profit of JPY 14,800 million.
For the full year, the company forecasts net sales of JPY 93,300 million and operating profit of JPY 33,700 million. Declared Dividend • Jul 26
Final dividend of JP¥55.00 announced Shareholders will receive a dividend of JP¥55.00. Ex-date: 29th September 2026 Payment date: 8th December 2026 Dividend yield will be 18%, which is higher than the industry average of 1.4%. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €316, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €156 per share. Annuncio • Jun 25
Maruwa Co.,Ltd. to Report Q1, 2027 Results on Jul 29, 2026 Maruwa Co.,Ltd. announced that they will report Q1, 2027 results on Jul 29, 2026 Reported Earnings • Jun 17
Full year 2026 earnings released: EPS: JP¥1,472 (vs JP¥1,559 in FY 2025) Full year 2026 results: EPS: JP¥1,472 (down from JP¥1,559 in FY 2025). Revenue: JP¥74.5b (up 3.7% from FY 2025). Net income: JP¥18.2b (down 5.6% from FY 2025). Profit margin: 24% (down from 27% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Masao Kubo 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. Annuncio • May 11
Maruwa Co.,Ltd., Annual General Meeting, Jun 19, 2026 Maruwa Co.,Ltd., Annual General Meeting, Jun 19, 2026. Annuncio • Dec 25
Maruwa Co.,Ltd. to Report Q3, 2026 Results on Feb 03, 2026 Maruwa Co.,Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026 Annuncio • Sep 06
Maruwa Co.,Ltd. to Report Q2, 2026 Results on Nov 05, 2025 Maruwa Co.,Ltd. announced that they will report Q2, 2026 results on Nov 05, 2025 Annuncio • Jun 20
Maruwa Co.,Ltd. to Report Q1, 2026 Results on Jul 24, 2025 Maruwa Co.,Ltd. announced that they will report Q1, 2026 results on Jul 24, 2025 Annuncio • Apr 25
Maruwa Co.,Ltd., Annual General Meeting, Jun 20, 2025 Maruwa Co.,Ltd., Annual General Meeting, Jun 20, 2025. Annuncio • Mar 26
Maruwa Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2025 Maruwa Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2025 Annuncio • Jan 19
Maruwa Co.,Ltd. to Report Q3, 2025 Results on Jan 29, 2025 Maruwa Co.,Ltd. announced that they will report Q3, 2025 results on Jan 29, 2025 Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €300, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 194% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €194 per share. Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥319 (vs JP¥319 in 2Q 2024) Second quarter 2025 results: EPS: JP¥319 (up from JP¥319 in 2Q 2024). Revenue: JP¥18.6b (up 21% from 2Q 2024). Net income: JP¥3.94b (flat on 2Q 2024). Profit margin: 21% (down from 26% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥47.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €189, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 129% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €90.90 per share. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: JP¥365 (vs JP¥231 in 1Q 2024) First quarter 2025 results: EPS: JP¥365 (up from JP¥231 in 1Q 2024). Revenue: JP¥16.2b (up 28% from 1Q 2024). Net income: JP¥4.50b (up 58% from 1Q 2024). Profit margin: 28% (up from 22% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥47.00 announced Shareholders will receive a dividend of JP¥47.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 20%, which is higher than the industry average of 1.4%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 18%. Annuncio • Jun 28
Maruwa Co.,Ltd. to Report Q1, 2025 Results on Jul 29, 2024 Maruwa Co.,Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024 Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: JP¥1,233 (vs JP¥1,217 in FY 2023) Full year 2024 results: EPS: JP¥1,233 (up from JP¥1,217 in FY 2023). Revenue: JP¥61.6b (up 4.7% from FY 2023). Net income: JP¥15.2b (up 1.3% from FY 2023). Profit margin: 25% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €210, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 174% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €105 per share. Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: JP¥1,233 (vs JP¥1,217 in FY 2023) Full year 2024 results: EPS: JP¥1,233 (up from JP¥1,217 in FY 2023). Revenue: JP¥61.6b (up 4.7% from FY 2023). Net income: JP¥15.2b (up 1.3% from FY 2023). Profit margin: 25% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥43.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.5%). Annuncio • Mar 02
Maruwa Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2024 Maruwa Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥310 (vs JP¥270 in 3Q 2023) Third quarter 2024 results: EPS: JP¥310 (up from JP¥270 in 3Q 2023). Revenue: JP¥17.0b (up 14% from 3Q 2023). Net income: JP¥3.83b (up 15% from 3Q 2023). Profit margin: 23% (in line with 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Dec 29
Maruwa Co.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Maruwa Co.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €164, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Electronic industry in Germany. Total returns to shareholders of 40% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €108 per share. Reported Earnings • Oct 27
Second quarter 2024 earnings released: EPS: JP¥319 (vs JP¥366 in 2Q 2023) Second quarter 2024 results: EPS: JP¥319 (down from JP¥366 in 2Q 2023). Revenue: JP¥15.3b (down 2.4% from 2Q 2023). Net income: JP¥3.93b (down 13% from 2Q 2023). Profit margin: 26% (down from 29% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Germany. Annuncio • Sep 28
Maruwa Co.,Ltd. to Report Q2, 2024 Results on Oct 26, 2023 Maruwa Co.,Ltd. announced that they will report Q2, 2024 results on Oct 26, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥43.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.5%). Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: JP¥231 (vs JP¥331 in 1Q 2023) First quarter 2024 results: EPS: JP¥231 (down from JP¥331 in 1Q 2023). Revenue: JP¥12.7b (down 8.8% from 1Q 2023). Net income: JP¥2.85b (down 30% from 1Q 2023). Profit margin: 22% (down from 29% in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Annuncio • Jun 30
Maruwa Co., Ltd. to Report Q1, 2024 Results on Jul 27, 2023 Maruwa Co., Ltd. announced that they will report Q1, 2024 results on Jul 27, 2023 Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: JP¥1,217 (vs JP¥1,082 in FY 2022) Full year 2023 results: EPS: JP¥1,217 (up from JP¥1,082 in FY 2022). Revenue: JP¥58.8b (up 8.2% from FY 2022). Net income: JP¥15.0b (up 13% from FY 2022). Profit margin: 26% (in line with FY 2022). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Germany. Buying Opportunity • Apr 04
Now 20% undervalued Over the last 90 days, the stock is up 9.2%. The fair value is estimated to be €149, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 4.8% in the next 2 years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 2.8% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.0%). Reported Earnings • Feb 02
Third quarter 2023 earnings released: EPS: JP¥270 (vs JP¥320 in 3Q 2022) Third quarter 2023 results: EPS: JP¥270 (down from JP¥320 in 3Q 2022). Revenue: JP¥14.9b (down 2.9% from 3Q 2022). Net income: JP¥3.33b (down 16% from 3Q 2022). Profit margin: 22% (down from 26% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Annuncio • Dec 22
Maruwa Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Maruwa Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Buying Opportunity • Dec 22
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €138, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 5.9% in the next 2 years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥366 (vs JP¥272 in 2Q 2022) Second quarter 2023 results: EPS: JP¥366 (up from JP¥272 in 2Q 2022). Revenue: JP¥15.7b (up 16% from 2Q 2022). Net income: JP¥4.52b (up 35% from 2Q 2022). Profit margin: 29% (up from 25% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Nov 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.5%. The fair value is estimated to be €147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 7.4% in the next 2 years. Reported Earnings • Oct 28
Second quarter 2023 earnings released: EPS: JP¥366 (vs JP¥272 in 2Q 2022) Second quarter 2023 results: EPS: JP¥366 (up from JP¥272 in 2Q 2022). Revenue: JP¥15.7b (up 16% from 2Q 2022). Net income: JP¥4.52b (up 35% from 2Q 2022). Profit margin: 29% (up from 25% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Annuncio • Sep 23
Maruwa Co., Ltd. to Report Q2, 2023 Results on Oct 27, 2022 Maruwa Co., Ltd. announced that they will report Q2, 2023 results on Oct 27, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.2%). Buying Opportunity • Sep 03
Now 21% undervalued Over the last 90 days, the stock is up 4.5%. The fair value is estimated to be €148, 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 32%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 13% in the next 2 years. Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥331 (vs JP¥179 in 1Q 2022) First quarter 2023 results: EPS: JP¥331 (up from JP¥179 in 1Q 2022). Revenue: JP¥14.0b (up 26% from 1Q 2022). Net income: JP¥4.09b (up 85% from 1Q 2022). Profit margin: 29% (up from 20% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 20% growth forecast for the industry in Germany. Annuncio • Jun 23
Maruwa Co., Ltd. to Report Q1, 2023 Results on Jul 27, 2022 Maruwa Co., Ltd. announced that they will report Q1, 2023 results on Jul 27, 2022 Reported Earnings • Apr 29
Full year 2022 earnings released: EPS: JP¥1,082 (vs JP¥562 in FY 2021) Full year 2022 results: EPS: JP¥1,082 (up from JP¥562 in FY 2021). Revenue: JP¥54.3b (up 31% from FY 2021). Net income: JP¥13.4b (up 93% from FY 2021). Profit margin: 25% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 26% growth forecast for the industry in Germany. Board Change • Apr 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 08
Maruwa Co., Ltd. to Report Fiscal Year 2022 Results on Apr 27, 2022 Maruwa Co., Ltd. announced that they will report fiscal year 2022 results on Apr 27, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 3.7% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (0.7%). Buying Opportunity • Mar 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.7%. The fair value is estimated to be JP¥132, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% per annum over the last 3 years. Earnings per share has grown by 16% per annum over the last 3 years. Reported Earnings • Jan 30
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥320 (up from JP¥156 in 3Q 2021). Revenue: JP¥15.3b (up 39% from 3Q 2021). Net income: JP¥3.94b (up 105% from 3Q 2021). Profit margin: 26% (up from 17% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.6%. Over the next year, revenue is forecast to grow 9.7%, compared to a 23% growth forecast for the industry in Germany. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS JP¥272 (vs JP¥139 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥13.6b (up 29% from 2Q 2021). Net income: JP¥3.36b (up 96% from 2Q 2021). Profit margin: 25% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (0.7%). Reported Earnings • Jul 28
First quarter 2022 earnings released: EPS JP¥179 (vs JP¥117 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.1b (up 24% from 1Q 2021). Net income: JP¥2.21b (up 53% from 1Q 2021). Profit margin: 20% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Annuncio • Mar 04
Maruwa Co., Ltd. to Report Fiscal Year 2021 Results on Apr 27, 2021 Maruwa Co., Ltd. announced that they will report fiscal year 2021 results on Apr 27, 2021 Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS JP¥156 (vs JP¥98.87 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥11.0b (up 5.4% from 3Q 2020). Net income: JP¥1.92b (up 58% from 3Q 2020). Profit margin: 17% (up from 12% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 4.1%. Over the next year, revenue is forecast to stay flat compared to a 22% growth forecast for the Electronic industry in Germany.