Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥171 (vs JP¥362 in FY 2025) Full year 2026 results: EPS: JP¥171 (down from JP¥362 in FY 2025). Revenue: JP¥53.7b (down 7.5% from FY 2025). Net income: JP¥1.25b (down 46% from FY 2025). Profit margin: 2.3% (down from 4.0% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Annuncio • May 14
Takada Corporation (TSE:1966) announces an Equity Buyback for 14,200 shares, representing 0.19% for ¥29.1 million. Takada Corporation (TSE:1966) announces a share repurchase program. Under the program, the company will repurchase up to 14,200 shares, representing 0.19% of its issued share capital, for ¥29.1 million. The purpose of the program is to allocate the shares to restricted stocks to be issued to the company's directors and executive officers who are not also directors. The program will expire on June 30, 2026. As of March 31, 2026, the company had 7,324,443 shares in issue (excluding treasury stock) and 9,907 shares in treasury. Annuncio • May 13
Takada Corporation, Annual General Meeting, Jun 24, 2026 Takada Corporation, Annual General Meeting, Jun 24, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 39% and the cash payout ratio is 85%. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 09
Third quarter 2026 earnings released: EPS: JP¥13.24 (vs JP¥29.42 in 3Q 2025) Third quarter 2026 results: EPS: JP¥13.24 (down from JP¥29.42 in 3Q 2025). Revenue: JP¥12.6b (down 19% from 3Q 2025). Net income: JP¥97.0m (down 48% from 3Q 2025). Profit margin: 0.8% (down from 1.2% in 3Q 2025). The decrease in margin was driven by lower revenue. 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 9% per year, which means it is well ahead of earnings. Annuncio • Dec 02
Takada Corporation to Report Q3, 2026 Results on Feb 06, 2026 Takada Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥25.68 (vs JP¥112 in 2Q 2025) Second quarter 2026 results: EPS: JP¥25.68 (down from JP¥112 in 2Q 2025). Revenue: JP¥13.5b (down 5.7% from 2Q 2025). Net income: JP¥188.0m (down 74% from 2Q 2025). Profit margin: 1.4% (down from 5.0% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Annuncio • Sep 01
Takada Corporation to Report Q2, 2026 Results on Nov 06, 2025 Takada Corporation announced that they will report Q2, 2026 results on Nov 06, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: JP¥6.55 loss per share (vs JP¥61.00 profit in 1Q 2025) First quarter 2026 results: JP¥6.55 loss per share (down from JP¥61.00 profit in 1Q 2025). Revenue: JP¥11.9b (down 14% from 1Q 2025). Net loss: JP¥48.0m (down 112% from profit in 1Q 2025). 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 12% per year. Annuncio • Jun 27
Takada Corporation to Report Q1, 2026 Results on Aug 06, 2025 Takada Corporation announced that they will report Q1, 2026 results on Aug 06, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥362 (vs JP¥264 in FY 2024) Full year 2025 results: EPS: JP¥362 (up from JP¥264 in FY 2024). Revenue: JP¥58.1b (up 11% from FY 2024). Net income: JP¥2.31b (up 38% from FY 2024). Profit margin: 4.0% (up from 3.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year. Annuncio • May 14
Takada Corporation (TSE:1966) announces an Equity Buyback for 25,000 shares, representing 0.34% for ¥42 million. Takada Corporation (TSE:1966) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares, representing 0.34% of its issued share capital, for ¥42 million. The purpose of the program is to allocate the shares to restricted stocks to be issued to the company's directors and executive officers who are not also directors. The program will expire on June 30, 2025. As of March 31, 2025, the company had 7,333,674 shares in issue (excluding treasury stock) and 676 shares in treasury. Annuncio • May 13
Takada Corporation, Annual General Meeting, Jun 24, 2025 Takada Corporation, Annual General Meeting, Jun 24, 2025. New Risk • Apr 07
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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (293% cash payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (JP¥8.61b market cap, or US$58.9m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥1,174, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 10x in the Construction industry in Japan. Total returns to shareholders of 72% over the past three years. New Risk • Mar 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (293% cash payout ratio). Profit margins are more than 30% lower than last year (2.5% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (JP¥11.4b market cap, or US$75.4m). Annuncio • Mar 26
Takada Corporation announced that it has received ¥161.7084 million in funding from JGC Japan Corporation On March 26, 2025, Takada Corporation closed the transaction. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 22% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.3%). Annuncio • Mar 11
Takada Corporation announced that it expects to receive ¥161.7084 million in funding from JGC Japan Corporation Takada Corporation announced a private placement of 113,400 shares at a price of ¥1,426 per share for the gross proceeds of ¥161,708,400 on March 10, 2025. The transaction will include participation from JGC Japan Corporation. The transaction has been approved by the shareholders of the company and is expected to close on March 26, 2025. The shares will be issued third party allotment method. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥29.42 (vs JP¥65.26 in 3Q 2024) Third quarter 2025 results: EPS: JP¥29.42 (down from JP¥65.26 in 3Q 2024). Revenue: JP¥15.5b (up 27% from 3Q 2024). Net income: JP¥187.0m (down 55% from 3Q 2024). Profit margin: 1.2% (down from 3.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year and the company’s share price has also increased by 29% per year. Annuncio • Dec 03
Takada Corporation to Report Q3, 2025 Results on Feb 06, 2025 Takada Corporation announced that they will report Q3, 2025 results on Feb 06, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥112 (vs JP¥128 in 2Q 2024) Second quarter 2025 results: EPS: JP¥112 (down from JP¥128 in 2Q 2024). Revenue: JP¥14.3b (flat on 2Q 2024). Net income: JP¥710.0m (down 13% from 2Q 2024). Profit margin: 5.0% (down from 5.7% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 34% per year. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (JP¥8.35b market cap, or US$59.4m). Annuncio • Sep 04
Takada Corporation to Report Q2, 2025 Results on Nov 06, 2024 Takada Corporation announced that they will report Q2, 2025 results on Nov 06, 2024 Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥61.00 (vs JP¥48.04 in 1Q 2024) First quarter 2025 results: EPS: JP¥61.00 (up from JP¥48.04 in 1Q 2024). Revenue: JP¥13.8b (up 1.1% from 1Q 2024). Net income: JP¥386.0m (up 27% from 1Q 2024). Profit margin: 2.8% (up from 2.2% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Market cap is less than US$100m (JP¥6.41b market cap, or US$45.0m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to JP¥1,013, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 71% over the past three years. Buy Or Sell Opportunity • Aug 05
Now 32% undervalued after recent price drop Over the last 90 days, the stock has fallen 42% to JP¥1,013. The fair value is estimated to be JP¥1,485, 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 40%. Reported Earnings • Jun 29
Full year 2024 earnings released: EPS: JP¥264 (vs JP¥258 in FY 2023) Full year 2024 results: EPS: JP¥264 (up from JP¥258 in FY 2023). Revenue: JP¥52.3b (down 9.7% from FY 2023). Net income: JP¥1.67b (up 2.2% from FY 2023). Profit margin: 3.2% (up from 2.8% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 21
Takada Corporation to Report Q1, 2025 Results on Aug 06, 2024 Takada Corporation announced that they will report Q1, 2025 results on Aug 06, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥264 (vs JP¥258 in FY 2023) Full year 2024 results: EPS: JP¥264 (up from JP¥258 in FY 2023). Revenue: JP¥52.3b (down 9.7% from FY 2023). Net income: JP¥1.67b (up 2.2% from FY 2023). Profit margin: 3.2% (up from 2.8% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Annuncio • May 15
Takada Corporation, Annual General Meeting, Jun 21, 2024 Takada Corporation, Annual General Meeting, Jun 21, 2024. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,452, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 13x in the Construction industry in Japan. Total returns to shareholders of 120% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 2.7% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.7%). Annuncio • Mar 03
Takada Corporation to Report Fiscal Year 2024 Results on May 13, 2024 Takada Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥65.26 (vs JP¥34.76 in 3Q 2023) Third quarter 2024 results: EPS: JP¥65.26 (up from JP¥34.76 in 3Q 2023). Revenue: JP¥12.2b (down 4.2% from 3Q 2023). Net income: JP¥413.0m (up 88% from 3Q 2023). Profit margin: 3.4% (up from 1.7% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 29% per year. Annuncio • Nov 30
Takada Corporation to Report Q3, 2024 Results on Feb 06, 2024 Takada Corporation announced that they will report Q3, 2024 results on Feb 06, 2024 New Risk • Nov 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 5.8% 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 (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥7.85b market cap, or US$52.1m). Reported Earnings • Nov 07
Second quarter 2024 earnings released: EPS: JP¥128 (vs JP¥11.06 in 2Q 2023) Second quarter 2024 results: EPS: JP¥128 (up from JP¥11.06 in 2Q 2023). Revenue: JP¥14.2b (up 8.2% from 2Q 2023). Net income: JP¥813.0m (up JP¥743.0m from 2Q 2023). Profit margin: 5.7% (up from 0.5% 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 21% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,133, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 71% over the past three years. Annuncio • Aug 30
Takada Corporation to Report Q2, 2024 Results on Nov 06, 2023 Takada Corporation announced that they will report Q2, 2024 results on Nov 06, 2023 New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings have declined by 1.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥5.94b market cap, or US$41.6m). Reported Earnings • Aug 04
First quarter 2024 earnings released: EPS: JP¥48.04 (vs JP¥87.38 in 1Q 2023) First quarter 2024 results: EPS: JP¥48.04 (down from JP¥87.38 in 1Q 2023). Revenue: JP¥13.7b (down 13% from 1Q 2023). Net income: JP¥304.0m (down 45% from 1Q 2023). Profit margin: 2.2% (down from 3.5% in 1Q 2023). The decrease in margin was driven by lower 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 9% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jun 21
Takada Corporation to Report Q1, 2024 Results on Aug 03, 2023 Takada Corporation announced that they will report Q1, 2024 results on Aug 03, 2023 Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥260 (vs JP¥122 in FY 2022) Full year 2023 results: EPS: JP¥260 (up from JP¥122 in FY 2022). Revenue: JP¥57.9b (up 23% from FY 2022). Net income: JP¥1.65b (up 113% from FY 2022). Profit margin: 2.8% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue. 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 16% per year, which means it is well ahead of earnings. Annuncio • May 13
Takada Corporation, Annual General Meeting, Jun 23, 2023 Takada Corporation, Annual General Meeting, Jun 23, 2023. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,103, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,477, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 10x in the Construction industry in Japan. Total returns to shareholders of 137% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share at 0.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 5.6% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.6%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥34.76 (vs JP¥1.74 in 3Q 2022) Third quarter 2023 results: EPS: JP¥34.76 (up from JP¥1.74 in 3Q 2022). Revenue: JP¥12.7b (up 17% from 3Q 2022). Net income: JP¥220.0m (up JP¥209.0m from 3Q 2022). Profit margin: 1.7% (up from 0.1% 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 18% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Annuncio • Nov 30
Takada Corporation to Report Q3, 2023 Results on Feb 03, 2023 Takada Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 27% share price gain to JP¥1,609, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 9x in the Construction industry in Japan. Total returns to shareholders of 128% over the past three years. Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: JP¥11.06 (vs JP¥62.10 in 2Q 2022) Second quarter 2023 results: EPS: JP¥11.06 (down from JP¥62.10 in 2Q 2022). Revenue: JP¥13.1b (up 23% from 2Q 2022). Net income: JP¥70.0m (down 82% from 2Q 2022). Profit margin: 0.5% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. 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. 11 non-independent directors. Executive Officer, Manager of Head Office Plant - Plant Business Division & Director Kentaro Iwamoto 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. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥11.06 (vs JP¥62.10 in 2Q 2022) Second quarter 2023 results: EPS: JP¥11.06 (down from JP¥62.10 in 2Q 2022). Revenue: JP¥13.1b (up 23% from 2Q 2022). Net income: JP¥70.0m (down 82% from 2Q 2022). Profit margin: 0.5% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Annuncio • Sep 01
Takada Corporation to Report Q2, 2023 Results on Nov 04, 2022 Takada Corporation announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥87.38 (vs JP¥14.70 in 1Q 2022) First quarter 2023 results: EPS: JP¥87.38 (up from JP¥14.70 in 1Q 2022). Revenue: JP¥15.7b (up 38% from 1Q 2022). Net income: JP¥553.0m (up 495% from 1Q 2022). Profit margin: 3.5% (up from 0.8% 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 30% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥1,094, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 9x in the Construction industry in Japan. Total returns to shareholders of 97% over the past three years. Annuncio • Jun 17
Takada Corporation to Report Q1, 2023 Results on Aug 04, 2022 Takada Corporation announced that they will report Q1, 2023 results on Aug 04, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥125 (vs JP¥164 in FY 2021) Full year 2022 results: EPS: JP¥125 (down from JP¥164 in FY 2021). Revenue: JP¥47.2b (down 1.2% from FY 2021). Net income: JP¥788.0m (down 24% from FY 2021). Profit margin: 1.7% (down from 2.2% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annuncio • May 14
Takada Corporation, Annual General Meeting, Jun 24, 2022 Takada Corporation, Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. No independent directors (10 non-independent directors). Director Kazuhiko Inaba was the last 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: Lack of independent directors. Insufficient board refreshment. Annuncio • Apr 07
Takada Corporation to Report Fiscal Year 2022 Results on May 12, 2022 Takada Corporation announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.1%). Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥1.74 (down from JP¥76.00 in 3Q 2021). Revenue: JP¥10.9b (down 5.1% from 3Q 2021). Net income: JP¥11.0m (down 98% from 3Q 2021). Profit margin: 0.1% (down from 4.2% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS JP¥62.10 (vs JP¥56.41 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥10.7b (down 29% from 2Q 2021). Net income: JP¥393.0m (up 10% from 2Q 2021). Profit margin: 3.7% (up from 2.4% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥685, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 10x in the Construction industry in Japan. Total returns to shareholders of 7.3% over the past three years. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥14.70 (vs JP¥64.94 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¥11.4b (up 17% from 1Q 2021). Net income: JP¥93.0m (down 77% from 1Q 2021). Profit margin: 0.8% (down from 4.2% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥167 (vs JP¥222 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥47.8b (down 3.9% from FY 2020). Net income: JP¥1.05b (down 25% from FY 2020). Profit margin: 2.2% (down from 2.8% in FY 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥702, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 9x in the Construction industry in Japan. Total loss to shareholders of 5.7% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (2.6%). Is New 90 Day High Low • Mar 09
New 90-day high: JP¥923 The company is up 38% from its price of JP¥671 on 09 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 8.0% over the same period. Annuncio • Mar 04
Takada Corporation to Report Fiscal Year 2021 Results on May 13, 2021 Takada Corporation announced that they will report fiscal year 2021 results on May 13, 2021 Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS JP¥76.00 (vs JP¥26.70 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥11.4b (up 1.3% from 3Q 2020). Net income: JP¥481.0m (up 185% from 3Q 2020). Profit margin: 4.2% (up from 1.5% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Dec 14
New 90-day high: JP¥866 The company is up 22% from its price of JP¥712 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 1.0% over the same period. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 29% share price gain to JP¥866, the stock is trading at a trailing P/E ratio of 5x, up from the previous P/E ratio of 3.9x. This compares to an average P/E of 9x in the Construction industry in Japan. Total returns to shareholders over the past three years are 26%. Annuncio • Nov 22
Takada Corporation to Report Q3, 2021 Results on Feb 04, 2021 Takada Corporation announced that they will report Q3, 2021 results on Feb 04, 2021 Annuncio • Aug 31
Takada Corporation to Report Q2, 2021 Results on Nov 05, 2020 Takada Corporation announced that they will report Q2, 2021 results on Nov 05, 2020 Annuncio • Aug 06
Takada Corporation (TSE:1966) acquired Watabe Kogyo Co., Ltd. from Yoshio and Mayumi. Takada Corporation (TSE:1966) agreed to acquire Watabe Kogyo Co., Ltd. from Yoshio and Mayumi on July 26, 2020. Under the terms of the transaction, Takada Corporation will acquire 200 shares in Watabe Kogyo Co., Ltd. Yoshio and Mayumi will sell 80% and 20% stake in Watabe Kogyo Co., Ltd. respectively. For the year ended April 2020, Watabe Kogyo Co., Ltd. reported total revenues of ¥956 million. The transaction was resolved by the Board of Takada Corporation. The impact of this transaction on the consolidated business results for the fiscal year ending March 31, 2021 is immaterial.
Takada Corporation (TSE:1966) completed the acquisition of Watabe Kogyo Co., Ltd. from Yoshio and Mayumi on July 27, 2020.