Declared Dividend • Jul 25
Final dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 7.7% 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. The company's earnings per share (EPS) would need to decline by 37% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.4% EPS decline seen over the last 5 years. Annuncio • Jul 09
MediPal Holdings Corporation (TSE:7459) completed the acquisition of remaining 47.60% stake in Paltac Corporation (TSE:8283) from group of shareholders. MediPal Holdings Corporation (TSE:7459) proposed to acquire remaining 47.60% stake in Paltac Corporation (TSE:8283) from group of shareholders for approximately ¥190 billion on May 8, 2026. A cash consideration of ¥192.46 billion valued at ¥6650 per share will be paid by MediPal Holdings Corporation. As part of consideration, ¥192.46 billion is paid towards common equity of Paltac Corporation. Upon completion, MediPal Holdings Corporation will hold 100% stake of Paltac Corporation. The transaction will be funded by means of loans from Mizuho Bank, Ltd. As of June 19, 2026, S.T. Corporation has resolved to tender its 339,000 shares.
The transaction is subject to minimum tender. The Board of Directors of Paltac Corporation formed a special committee for the transaction. The expected completion of the transaction is on July 7, 2026.
Nishimura & Asahi acted as legal advisor for MediPal Holdings Corporation. Nomura Securities Co., Ltd. acted as financial advisor for MediPal Holdings Corporation. Oh-Ebashi LPC & Partners acted as legal advisor for Paltac Corporation. Daiwa Securities Co. Ltd. acted as financial advisor for Paltac Corporation. Anderson Mori & Tomotsune acted as legal advisor for Paltac Corporation. Plutus Consulting Co., Ltd. acted as financial advisor and fairness opinion provider for Paltac Corporation.
MediPal Holdings Corporation (TSE:7459) completed the acquisition of remaining 47.60% stake in Paltac Corporation (TSE:8283) from group of shareholders on July 7, 2026. A total of 24,466,104 shares were tendered, which was above the minimum number of shares to be purchased (8,676,100 shares). MediPal Holdings Corporation plans to implement a series of procedures to make the Tender Offeror the sole shareholder of Paltac Corporation (the “Squeeze-out Procedures”). Upon completion, the shares of Paltac Corporation will be delisted from the Prime Market of the Tokyo Stock Exchange. Annuncio • Jun 30
S.T. Corporation to Report Q1, 2027 Results on Aug 05, 2026 S.T. Corporation announced that they will report Q1, 2027 results on Aug 05, 2026 Reported Earnings • Jun 23
Full year 2026 earnings: EPS in line with expectations, revenues disappoint Full year 2026 results: EPS: JP¥77.38 (down from JP¥134 in FY 2025). Revenue: JP¥48.5b (flat on FY 2025). Net income: JP¥1.62b (down 43% from FY 2025). Profit margin: 3.3% (down from 5.9% in FY 2025). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • May 24
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 91% Dividend yield: 3.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (91% cash payout ratio). Profit margins are more than 30% lower than last year (3.3% net profit margin). Reported Earnings • May 12
Full year 2026 earnings: EPS in line with expectations, revenues disappoint Full year 2026 results: EPS: JP¥77.38 (down from JP¥134 in FY 2025). Revenue: JP¥48.5b (flat on FY 2025). Net income: JP¥1.62b (down 43% from FY 2025). Profit margin: 3.3% (down from 5.9% in FY 2025). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • May 11
S.T. Corporation, Annual General Meeting, Jun 19, 2026 S.T. Corporation, Annual General Meeting, Jun 19, 2026. Annuncio • May 09
S.T. Corporation to Report Fiscal Year 2026 Results on May 11, 2026 S.T. Corporation announced that they will report fiscal year 2026 results on May 11, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 02 June 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥7.14 (vs JP¥12.17 in 3Q 2025) Third quarter 2026 results: EPS: JP¥7.14 (down from JP¥12.17 in 3Q 2025). Revenue: JP¥13.3b (down 2.3% from 3Q 2025). Net income: JP¥149.0m (down 41% from 3Q 2025). Profit margin: 1.1% (down from 1.9% in 3Q 2025). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Declared Dividend • Dec 06
First half dividend of JP¥22.00 announced Dividend of JP¥22.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 2nd June 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 7.2% 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 decline by 19% over the next 3 years. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range. Annuncio • Dec 02
S.T. Corporation to Report Q3, 2026 Results on Feb 10, 2026 S.T. Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: JP¥47.29 (vs JP¥100 in 2Q 2025) Second quarter 2026 results: EPS: JP¥47.29 (down from JP¥100 in 2Q 2025). Revenue: JP¥13.2b (down 3.3% from 2Q 2025). Net income: JP¥987.0m (down 53% from 2Q 2025). Profit margin: 7.5% (down from 15% in 2Q 2025). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Sep 27
S.T. Corporation to Report Q2, 2026 Results on Nov 11, 2025 S.T. Corporation announced that they will report Q2, 2026 results on Nov 11, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥16.87 (vs JP¥2.24 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥16.87 (up from JP¥2.24 loss in 1Q 2025). Revenue: JP¥11.0b (up 4.4% from 1Q 2025). Net income: JP¥352.0m (up JP¥402.0m from 1Q 2025). Profit margin: 3.2% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Jul 29
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive officer, CDO, Head of Corp Mgmt HQ, GM of Corp Mgmt HQ & Director Naruaki Hashimoto 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. Declared Dividend • Jul 09
Final dividend of JP¥22.00 announced Dividend of JP¥22.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 7.2% 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. Earnings per share has grown by 5.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Jun 26
S.T. Corporation to Report Q1, 2026 Results on Aug 05, 2025 S.T. Corporation announced that they will report Q1, 2026 results on Aug 05, 2025 Reported Earnings • Jun 21
Full year 2025 earnings released: EPS: JP¥134 (vs JP¥57.19 in FY 2024) Full year 2025 results: EPS: JP¥134 (up from JP¥57.19 in FY 2024). Revenue: JP¥48.1b (up 8.2% from FY 2024). Net income: JP¥2.83b (up 122% from FY 2024). Profit margin: 5.9% (up from 2.9% in FY 2024). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 11
Full year 2025 earnings released: EPS: JP¥154 (vs JP¥57.19 in FY 2024) Full year 2025 results: EPS: JP¥154 (up from JP¥57.19 in FY 2024). Revenue: JP¥48.1b (up 8.2% from FY 2024). Net income: JP¥3.26b (up 156% from FY 2024). Profit margin: 6.8% (up from 2.9% in FY 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • May 09
S.T. Corporation, Annual General Meeting, Jun 17, 2025 S.T. Corporation, Annual General Meeting, Jun 17, 2025. Annuncio • Mar 27
S.T. Corporation to Report Fiscal Year 2025 Results on May 09, 2025 S.T. Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 03 June 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥12.17 (vs JP¥22.44 in 3Q 2024) Third quarter 2025 results: EPS: JP¥12.17 (down from JP¥22.44 in 3Q 2024). Revenue: JP¥13.6b (up 12% from 3Q 2024). Net income: JP¥254.0m (down 49% from 3Q 2024). Profit margin: 1.9% (down from 4.1% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annuncio • Dec 21
S.T. Corporation to Report Q3, 2025 Results on Feb 07, 2025 S.T. Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥100 (vs JP¥42.04 in 2Q 2024) Second quarter 2025 results: EPS: JP¥100 (up from JP¥42.04 in 2Q 2024). Revenue: JP¥13.6b (up 3.6% from 2Q 2024). Net income: JP¥2.09b (up 123% from 2Q 2024). Profit margin: 15% (up from 7.1% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year. Annuncio • Sep 28
S.T. Corporation to Report Q2, 2025 Results on Nov 06, 2024 S.T. Corporation announced that they will report Q2, 2025 results on Nov 06, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 09
First quarter 2025 earnings released: JP¥2.24 loss per share (vs JP¥12.19 profit in 1Q 2024) First quarter 2025 results: JP¥2.24 loss per share (down from JP¥12.19 profit in 1Q 2024). Revenue: JP¥10.5b (up 7.7% from 1Q 2024). Net loss: JP¥50.0m (down 119% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Jul 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% 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: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (145% cash payout ratio). Shareholders have been diluted in the past year (19% increase in shares outstanding). Annuncio • Jun 29
S.T. Corporation to Report Q1, 2025 Results on Aug 06, 2024 S.T. Corporation announced that they will report Q1, 2025 results on Aug 06, 2024 Reported Earnings • Jun 21
Full year 2024 earnings released: EPS: JP¥57.19 (vs JP¥82.19 in FY 2023) Full year 2024 results: EPS: JP¥57.19 (down from JP¥82.19 in FY 2023). Revenue: JP¥44.5b (down 2.4% from FY 2023). Net income: JP¥1.27b (down 30% from FY 2023). Profit margin: 2.9% (down from 4.0% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Annuncio • May 09
S.T. Corporation, Annual General Meeting, Jun 18, 2024 S.T. Corporation, Annual General Meeting, Jun 18, 2024. Reported Earnings • May 08
Full year 2024 earnings released: EPS: JP¥57.19 (vs JP¥82.19 in FY 2023) Full year 2024 results: EPS: JP¥57.19 (down from JP¥82.19 in FY 2023). Revenue: JP¥44.5b (down 2.4% from FY 2023). Net income: JP¥1.27b (down 30% from FY 2023). Profit margin: 2.9% (down from 4.0% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Annuncio • Mar 28
S.T. Corporation to Report Fiscal Year 2024 Results on May 07, 2024 S.T. Corporation announced that they will report fiscal year 2024 results on May 07, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥22.43 (vs JP¥20.14 in 3Q 2023) Third quarter 2024 results: EPS: JP¥22.43 (up from JP¥20.14 in 3Q 2023). Revenue: JP¥12.1b (flat on 3Q 2023). Net income: JP¥500.0m (up 12% from 3Q 2023). Profit margin: 4.1% (up from 3.7% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Annuncio • Dec 28
S.T. Corporation to Report Q3, 2024 Results on Feb 07, 2024 S.T. Corporation announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: JP¥42.04 (vs JP¥47.98 in 2Q 2023) Second quarter 2024 results: EPS: JP¥42.04 (down from JP¥47.98 in 2Q 2023). Revenue: JP¥13.2b (up 1.9% from 2Q 2023). Net income: JP¥937.0m (down 12% from 2Q 2023). Profit margin: 7.1% (down from 8.3% in 2Q 2023). 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 only fallen by 10% per year, which means it has not declined as severely as earnings. Annuncio • Sep 29
S.T. Corporation to Report Q2, 2024 Results on Nov 08, 2023 S.T. Corporation announced that they will report Q2, 2024 results on Nov 08, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥21.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.1%). New Risk • Sep 04
New major risk - Revenue and earnings growth Earnings have declined by 10% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥12.19 (vs JP¥6.79 in 1Q 2023) First quarter 2024 results: EPS: JP¥12.19 (up from JP¥6.79 in 1Q 2023). Revenue: JP¥9.75b (down 7.4% from 1Q 2023). Net income: JP¥271.0m (up 80% from 1Q 2023). Profit margin: 2.8% (up from 1.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Annuncio • Jul 07
S.T. Corporation to Report Q1, 2024 Results on Aug 07, 2023 S.T. Corporation announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • Jun 22
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥82.19 (up from JP¥49.90 in FY 2022). Revenue: JP¥45.6b (flat on FY 2022). Net income: JP¥1.83b (up 65% from FY 2022). Profit margin: 4.0% (up from 2.4% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • May 10
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥82.19 (up from JP¥49.90 in FY 2022). Revenue: JP¥45.6b (flat on FY 2022). Net income: JP¥1.83b (up 65% from FY 2022). Profit margin: 4.0% (up from 2.4% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 06 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥20.14 (vs JP¥15.75 in 3Q 2022) Third quarter 2023 results: EPS: JP¥20.14 (up from JP¥15.75 in 3Q 2022). Revenue: JP¥12.2b (up 3.5% from 3Q 2022). Net income: JP¥448.0m (up 28% from 3Q 2022). Profit margin: 3.7% (up from 3.0% in 3Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Annuncio • Dec 07
S.T. Corporation to Report Q3, 2023 Results on Feb 07, 2023 S.T. Corporation announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥47.97 (vs JP¥52.32 in 2Q 2022) Second quarter 2023 results: EPS: JP¥47.97 (down from JP¥52.32 in 2Q 2022). Revenue: JP¥12.9b (up 1.7% from 2Q 2022). Net income: JP¥1.07b (down 8.3% from 2Q 2022). Profit margin: 8.3% (down from 9.2% in 2Q 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Shinzo Maeda was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥47.97 (vs JP¥52.32 in 2Q 2022) Second quarter 2023 results: EPS: JP¥47.97 (down from JP¥52.32 in 2Q 2022). Revenue: JP¥12.9b (up 1.7% from 2Q 2022). Net income: JP¥1.07b (down 8.3% from 2Q 2022). Profit margin: 8.3% (down from 9.2% in 2Q 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Household Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annuncio • Sep 24
S.T. Corporation to Report Q2, 2023 Results on Nov 08, 2022 S.T. Corporation announced that they will report Q2, 2023 results on Nov 08, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. The company is paying out more than 100% of its profits and is paying out 94% of its cash flow. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥6.79 (vs JP¥30.70 in 1Q 2022) First quarter 2023 results: EPS: JP¥6.79 (down from JP¥30.70 in 1Q 2022). Revenue: JP¥10.5b (down 2.3% from 1Q 2022). Net income: JP¥151.0m (down 78% from 1Q 2022). Profit margin: 1.4% (down from 6.3% in 1Q 2022). Over the next year, revenue is forecast to grow 4.8%, compared to a 6.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annuncio • Jul 02
S.T. Corporation to Report Q1, 2023 Results on Aug 04, 2022 S.T. Corporation announced that they will report Q1, 2023 results on Aug 04, 2022 Reported Earnings • Jun 24
Full year 2022 earnings: Revenues in line with analyst expectations Full year 2022 results: Revenue: JP¥45.5b (down 8.5% from FY 2021). Net income: JP¥1.11b (down 56% from FY 2021). Profit margin: 2.4% (down from 5.1% in FY 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.4%, compared to a 5.9% 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 4% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 28
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥51.79 (down from JP¥114 in FY 2021). Revenue: JP¥45.5b (down 8.5% from FY 2021). Net income: JP¥1.15b (down 54% from FY 2021). Profit margin: 2.5% (down from 5.1% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 52%. Over the next year, revenue is forecast to grow 2.9%, compared to a 6.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Shinzo Maeda was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 08
S.T. Corporation to Report Fiscal Year 2022 Results on Apr 26, 2022 S.T. Corporation announced that they will report fiscal year 2022 results on Apr 26, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Jan 28
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: JP¥15.75 (down from JP¥22.86 in 3Q 2021). Revenue: JP¥11.8b (down 11% from 3Q 2021). Net income: JP¥350.0m (down 31% from 3Q 2021). Profit margin: 3.0% (down from 3.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 4.5%, compared to a 5.7% 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 6% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS JP¥52.32 (vs JP¥63.55 in 2Q 2021) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥12.7b (down 11% from 2Q 2021). Net income: JP¥1.16b (down 18% from 2Q 2021). Profit margin: 9.2% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • Jul 30
First quarter 2022 earnings released: EPS JP¥30.70 (vs JP¥25.81 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥10.8b (down 4.0% from 1Q 2021). Net income: JP¥682.0m (up 19% from 1Q 2021). Profit margin: 6.3% (up from 5.1% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 19
Full year 2021 earnings released: EPS JP¥114 (vs JP¥102 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥49.7b (up 4.5% from FY 2020). Net income: JP¥2.53b (up 12% from FY 2020). Profit margin: 5.1% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
Full year 2021 earnings released: EPS JP¥114 (vs JP¥102 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥49.7b (up 4.5% from FY 2020). Net income: JP¥2.53b (up 12% from FY 2020). Profit margin: 5.1% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 02 June 2021. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.0%). Is New 90 Day High Low • Feb 25
New 90-day low: JP¥1,896 The company is down 6.0% from its price of JP¥2,020 on 27 November 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Household Products industry, which is down 13% over the same period. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥2,080 The company is up 4.0% from its price of JP¥2,007 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Household Products industry, which is down 9.0% over the same period. Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS JP¥22.86 (vs JP¥17.07 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥13.3b (up 7.6% from 3Q 2020). Net income: JP¥507.0m (up 34% from 3Q 2020). Profit margin: 3.8% (up from 3.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 2.0%, compared to a 2.9% growth forecast for the Household Products industry in Japan. Is New 90 Day High Low • Jan 05
New 90-day low: JP¥1,907 The company is down 12% from its price of JP¥2,164 on 07 October 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is up 2.0% over the same period. Annuncio • Dec 19
S.T. Corporation to Report Q3, 2021 Results on Jan 28, 2021 S.T. Corporation announced that they will report Q3, 2021 results on Jan 28, 2021 Annuncio • Sep 26
S.T. Corporation to Report Q2, 2021 Results on Oct 27, 2020 S.T. Corporation announced that they will report Q2, 2021 results on Oct 27, 2020 Annuncio • Jun 29
S.T. Corporation to Report Q1, 2021 Results on Jul 29, 2020 S.T. Corporation announced that they will report Q1, 2021 results on Jul 29, 2020