Reported Earnings • May 01
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥306 (up from JP¥60.45 in FY 2025). Revenue: JP¥99.6b (up 8.5% from FY 2025). Net income: JP¥13.9b (up 24% from FY 2025). Profit margin: 14% (up from 12% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 30
Max Co., Ltd., Annual General Meeting, Jun 29, 2026 Max Co., Ltd., Annual General Meeting, Jun 29, 2026. Annuncio • Mar 27
Max Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026 Max Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥144 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥80.26 (vs JP¥78.58 in 3Q 2025) Third quarter 2026 results: EPS: JP¥80.26. Revenue: JP¥25.6b (up 6.2% from 3Q 2025). Net income: JP¥3.61b (down 1.1% from 3Q 2025). Profit margin: 14% (down from 15% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in Japan. Annuncio • Jan 30
Max Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026 Max Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company expects net sales to be JPY 97,700 million, Operating profit of JPY 17,200 million, Profit attributable to owners of parent of JPY 13,200 million and Net income per share of JPY 290.96. Declared Dividend • Jan 08
Dividend of JP¥132 announced Shareholders will receive a dividend of JP¥132. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jan 07
Max Co., Ltd. announces Annual dividend, payable on June 25, 2026 Max Co., Ltd. announced Annual dividend of JPY 132.0000 per share payable on June 25, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Annuncio • Dec 18
Max Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026 Max Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026 Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥81.08 (vs JP¥45.42 in 2Q 2025) Second quarter 2026 results: EPS: JP¥81.08 (up from JP¥45.42 in 2Q 2025). Revenue: JP¥24.4b (up 9.7% from 2Q 2025). Net income: JP¥3.69b (up 75% from 2Q 2025). Profit margin: 15% (up from 9.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Sep 27
Max Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Max Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥78.26 (vs JP¥71.80 in 1Q 2025) First quarter 2026 results: EPS: JP¥78.26 (up from JP¥71.80 in 1Q 2025). Revenue: JP¥24.2b (up 7.3% from 1Q 2025). Net income: JP¥3.60b (up 7.6% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 31
Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 1,000,000 shares, representing 2.18% for ¥5,500 million. Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.29% of its issued share capital, for ¥5,500 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program is valid till December 31, 2025. As of June 30, 2025, there are 45,938,965 outstanding shares (excluding treasury stock) and 598,461 treasury shares. Reported Earnings • Jun 29
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥242 (up from JP¥223 in FY 2024). Revenue: JP¥91.8b (up 6.0% from FY 2024). Net income: JP¥11.2b (up 7.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.2%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jun 24
Max Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025 Max Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 01
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥242 (up from JP¥223 in FY 2024). Revenue: JP¥91.8b (up 6.0% from FY 2024). Net income: JP¥11.2b (up 7.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.2%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Apr 30
Max Co., Ltd., Annual General Meeting, Jun 24, 2025 Max Co., Ltd., Annual General Meeting, Jun 24, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥112 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Annuncio • Mar 15
Max Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025 Max Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥78.58 (vs JP¥51.39 in 3Q 2024) Third quarter 2025 results: EPS: JP¥78.58 (up from JP¥51.39 in 3Q 2024). Revenue: JP¥24.1b (up 7.7% from 3Q 2024). Net income: JP¥3.66b (up 52% from 3Q 2024). Profit margin: 15% (up from 11% in 3Q 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 4.6% growth forecast for the Machinery 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 increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jan 06
Dividend of JP¥108 announced Shareholders will receive a dividend of JP¥108. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jan 03
Max Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Max Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Annuncio • Nov 21
Max Co., Ltd. has filed a Follow-on Equity Offering. Max Co., Ltd. has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 1,250,000 Annuncio • Nov 19
Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 600,000 shares, representing 1.29% for ¥2,400 million. Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.29% of its issued share capital, for ¥ 2,400 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, as well as from the perspective of mitigating the impact on the supply and demand of the company's shares resulting from the secondary offering. The program is valid till April 30, 2025. As of September 30, 2024, there are 46,529,437 outstanding shares (excluding treasury stock) and 1,007,989 treasury shares. Annuncio • Nov 08
Max Co., Ltd. Provides Consolidated Earnings Guidance for the Full Fiscal Year Ending March 31, 2025 Max Co., Ltd. provided consolidated earnings guidance for the full fiscal year ending March 31, 2025. For the period, the company expects net sales to be JPY 90,300 million, operating profit of JPY 13,600 million, net profit attributable to shareholders of parent company of JPY 10,360 million and net profit per share of JPY 222.67. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥45.42 (vs JP¥56.80 in 2Q 2024) Second quarter 2025 results: EPS: JP¥45.42 (down from JP¥56.80 in 2Q 2024). Revenue: JP¥22.3b (up 2.6% from 2Q 2024). Net income: JP¥2.11b (down 21% from 2Q 2024). Profit margin: 9.5% (down from 12% in 2Q 2024). 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 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year. Annuncio • Sep 26
Max Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Max Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥71.80 (vs JP¥61.69 in 1Q 2024) First quarter 2025 results: EPS: JP¥71.80 (up from JP¥61.69 in 1Q 2024). Revenue: JP¥22.6b (up 6.5% from 1Q 2024). Net income: JP¥3.34b (up 14% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 22% per year. Annuncio • Jun 17
Max Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024 Max Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 01
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥224 (up from JP¥161 in FY 2023). Revenue: JP¥86.6b (up 2.8% from FY 2023). Net income: JP¥10.5b (up 38% from FY 2023). Profit margin: 12% (up from 9.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 29% per year. Annuncio • Apr 29
Max Co., Ltd., Annual General Meeting, Jun 26, 2024 Max Co., Ltd., Annual General Meeting, Jun 26, 2024. Annuncio • Mar 21
Max Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024 Max Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥98.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥51.39 (vs JP¥36.83 in 3Q 2023) Third quarter 2024 results: EPS: JP¥51.39 (up from JP¥36.83 in 3Q 2023). Revenue: JP¥22.4b (up 2.3% from 3Q 2023). Net income: JP¥2.40b (up 38% from 3Q 2023). Profit margin: 11% (up from 7.9% in 3Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 26% per year. Annuncio • Dec 13
Max Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Max Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Annuncio • Dec 12
Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 500,000 shares, representing 1.07% for ¥1,490.5 million. Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.07% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,490.50 million. The shares will be repurchased at a price of ¥2,981 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of September 30, 2023, the company has 46,829,381 issued shares (excluding treasury stock) and 708,045 treasury shares. Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥56.80 (vs JP¥40.36 in 2Q 2023) Second quarter 2024 results: EPS: JP¥56.80 (up from JP¥40.36 in 2Q 2023). Revenue: JP¥21.7b (flat on 2Q 2023). Net income: JP¥2.67b (up 40% from 2Q 2023). Profit margin: 12% (up from 8.8% in 2Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year. Annuncio • Sep 27
Max Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Max Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥61.69 (vs JP¥46.93 in 1Q 2023) First quarter 2024 results: EPS: JP¥61.69 (up from JP¥46.93 in 1Q 2023). Revenue: JP¥21.2b (up 4.2% from 1Q 2023). Net income: JP¥2.92b (up 31% from 1Q 2023). Profit margin: 14% (up from 11% in 1Q 2023). 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 20% per year. Annuncio • Jun 28
Max Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Max Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: JP¥161 (vs JP¥128 in FY 2022) Full year 2023 results: EPS: JP¥161 (up from JP¥128 in FY 2022). Revenue: JP¥84.3b (up 14% from FY 2022). Net income: JP¥7.62b (up 25% from FY 2022). Profit margin: 9.0% (up from 8.2% 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 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥74.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 40% and the cash payout ratio is 88%. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥36.83 (vs JP¥31.82 in 3Q 2022) Third quarter 2023 results: EPS: JP¥36.83 (up from JP¥31.82 in 3Q 2022). Revenue: JP¥21.9b (up 16% from 3Q 2022). Net income: JP¥1.74b (up 16% from 3Q 2022). Profit margin: 7.9% (down from 8.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annuncio • Dec 28
Max Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Max Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥40.36 (vs JP¥31.83 in 2Q 2022) Second quarter 2023 results: EPS: JP¥40.36 (up from JP¥31.83 in 2Q 2022). Revenue: JP¥21.6b (up 18% from 2Q 2022). Net income: JP¥1.91b (up 26% from 2Q 2022). Profit margin: 8.8% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Nov 16
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. 5 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent External Director Asaka Kanda was the last independent director to join the board, commencing their role in 2018. 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 • Oct 30
Second quarter 2023 earnings released: EPS: JP¥40.36 (vs JP¥31.83 in 2Q 2022) Second quarter 2023 results: EPS: JP¥40.36 (up from JP¥31.83 in 2Q 2022). Revenue: JP¥21.6b (up 18% from 2Q 2022). Net income: JP¥1.91b (up 26% from 2Q 2022). Profit margin: 8.8% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 24
Max Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022 Max Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022 Major Estimate Revision • Sep 01
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥78.9b to JP¥84.5b. EPS estimate increased from JP¥138 to JP¥155 per share. Net income forecast to grow 8.7% next year vs 8.7% growth forecast for Machinery industry in Japan. Consensus price target up from JP¥2,100 to JP¥2,440. Share price was steady at JP¥2,008 over the past week. Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥46.93 (vs JP¥27.73 in 1Q 2022) First quarter 2023 results: EPS: JP¥46.93 (up from JP¥27.73 in 1Q 2022). Revenue: JP¥20.3b (up 19% from 1Q 2022). Net income: JP¥2.22b (up 68% from 1Q 2022). Profit margin: 11% (up from 7.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6%, compared to a 10.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Price Target Changed • Jul 30
Price target decreased to JP¥2,100 Down from JP¥2,270, the current price target is provided by 1 analyst. New target price is 24% above last closing price of JP¥1,698. Stock is down 9.8% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥128 last year. Annuncio • Jun 24
Max Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Max Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Annuncio • May 02
Max Co., Ltd., Annual General Meeting, Jun 29, 2022 Max Co., Ltd., Annual General Meeting, Jun 29, 2022. Reported Earnings • Apr 30
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥128 (up from JP¥106 in FY 2021). Revenue: JP¥74.0b (up 16% from FY 2021). Net income: JP¥6.09b (up 18% from FY 2021). Profit margin: 8.2% (up from 8.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 7.0%, compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. 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. 5 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent External Director Asaka Kanda was the last independent director to join the board, commencing their role in 2018. 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
Max Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022 Max Co., Ltd. announced that they will report fiscal year 2022 results on Apr 28, 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: 30 June 2022. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥31.82 (up from JP¥25.19 in 3Q 2021). Revenue: JP¥18.9b (up 14% from 3Q 2021). Net income: JP¥1.51b (up 22% from 3Q 2021). Profit margin: 8.0% (up from 7.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 9.4%. Over the next year, revenue is forecast to grow 6.5%, compared to a 9.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year. Price Target Changed • Jan 05
Price target increased to JP¥2,290 Up from JP¥2,130, the current price target is provided by 1 analyst. New target price is 18% above last closing price of JP¥1,948. Stock is up 36% over the past year. The company is forecast to post earnings per share of JP¥122 for next year compared to JP¥106 last year. Annuncio • Aug 18
Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 400,000 shares, representing 0.84% for ¥742.8 million. Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 0.84% of the outstanding shares, at ¥1,857 per share for ¥742.8 million. The purpose of the program is to enhance capital efficiency and to improve shareholder returns. The program will expire on August 18, 2021. As of June 30, 2021, the company had 47,702,855 shares outstanding and 234,571 shares in treasury. Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥27.73 (vs JP¥22.41 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥17.2b (up 18% from 1Q 2021). Net income: JP¥1.32b (up 21% from 1Q 2021). Profit margin: 7.7% (up from 7.5% in 1Q 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 5% per year. Price Target Changed • Jun 17
Price target increased to JP¥2,130 Up from JP¥1,900, the current price target is provided by 1 analyst. New target price is 22% above last closing price of JP¥1,747. Stock is up 9.0% over the past year. Reported Earnings • Apr 30
Full year 2021 earnings released: EPS JP¥106 (vs JP¥113 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥64.0b (down 8.1% from FY 2020). Net income: JP¥5.15b (down 6.5% from FY 2020). Profit margin: 8.0% (up from 7.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥46.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Annuncio • Mar 05
Max Co., Ltd. to Report Fiscal Year 2021 Results on Apr 28, 2021 Max Co., Ltd. announced that they will report fiscal year 2021 results on Apr 28, 2021 Is New 90 Day High Low • Mar 05
New 90-day high: JP¥1,644 The company is up 14% from its price of JP¥1,438 on 04 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥25.19 (vs JP¥31.10 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥16.6b (down 4.8% from 3Q 2020). Net income: JP¥1.23b (down 19% from 3Q 2020). Profit margin: 7.4% (down from 8.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year. Is New 90 Day High Low • Feb 01
New 90-day high: JP¥1,601 The company is up 9.0% from its price of JP¥1,472 on 02 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period. Price Target Changed • Dec 25
Price target lowered to JP¥1,970 Down from JP¥2,120, the current price target is provided by 1 analyst. The new target price is 38% above the current share price of JP¥1,429. As of last close, the stock is down 35% over the past year. Annuncio • Dec 23
Max Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021 Max Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Annuncio • Sep 06
Max Co., Ltd. to Report Q2, 2021 Results on Oct 28, 2020 Max Co., Ltd. announced that they will report Q2, 2021 results on Oct 28, 2020 Annuncio • Jun 29
Max Co., Ltd. to Report Q1, 2021 Results on Jul 29, 2020 Max Co., Ltd. announced that they will report Q1, 2021 results on Jul 29, 2020