Declared Dividend • Apr 11
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 7th September 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 17% 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 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 28
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: JP¥235 (up from JP¥181 in FY 2024). Revenue: JP¥257.7b (up 4.9% from FY 2024). Net income: JP¥11.6b (up 29% from FY 2024). Profit margin: 4.5% (up from 3.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 30% per year. Reported Earnings • Feb 14
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: JP¥235 (up from JP¥181 in FY 2024). Revenue: JP¥257.7b (up 4.9% from FY 2024). Net income: JP¥11.6b (up 29% from FY 2024). Profit margin: 4.5% (up from 3.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%). Annuncio • Dec 18
Sakata INX Corporation to Report Fiscal Year 2025 Results on Feb 12, 2026 Sakata INX Corporation announced that they will report fiscal year 2025 results on Feb 12, 2026 Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: JP¥71.74 (vs JP¥61.02 in 3Q 2024) Third quarter 2025 results: EPS: JP¥71.74 (up from JP¥61.02 in 3Q 2024). Revenue: JP¥65.6b (up 7.0% from 3Q 2024). Net income: JP¥3.53b (up 17% from 3Q 2024). Profit margin: 5.4% (up from 4.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year. Annuncio • Sep 30
Sakata INX Corporation to Report Q3, 2025 Results on Nov 07, 2025 Sakata INX Corporation announced that they will report Q3, 2025 results on Nov 07, 2025 Declared Dividend • Sep 06
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 29th December 2025 Payment date: 30th March 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% 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 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: JP¥64.13 (vs JP¥51.69 in 2Q 2024) Second quarter 2025 results: EPS: JP¥64.13 (up from JP¥51.69 in 2Q 2024). Revenue: JP¥62.3b (flat on 2Q 2024). Net income: JP¥3.17b (up 23% from 2Q 2024). Profit margin: 5.1% (up from 4.2% in 2Q 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 32% per year. Annuncio • May 31
Sakata INX Corporation to Report Q2, 2025 Results on Aug 07, 2025 Sakata INX Corporation announced that they will report Q2, 2025 results on Aug 07, 2025 Reported Earnings • May 09
First quarter 2025 earnings released: EPS: JP¥62.08 (vs JP¥54.55 in 1Q 2024) First quarter 2025 results: EPS: JP¥62.08 (up from JP¥54.55 in 1Q 2024). Revenue: JP¥64.1b (up 8.3% from 1Q 2024). Net income: JP¥3.08b (up 13% from 1Q 2024). Profit margin: 4.8% (up from 4.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 11
Final dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 27th June 2025 Payment date: 8th September 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (300% cash payout ratio). The dividend has increased by an average of 17% 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 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,566, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 89% over the past three years. Annuncio • Mar 26
Sakata INX Corporation to Report Q1, 2025 Results on May 08, 2025 Sakata INX Corporation announced that they will report Q1, 2025 results on May 08, 2025 Annuncio • Mar 19
Sakata INX Corporation (TSE:4633) announces an Equity Buyback for 600,000 shares, representing 1.21% for ¥1,000 million. Sakata INX Corporation (TSE:4633) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.21% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,000 million. The purpose of the program is enhancing shareholder returns, improving capital efficiency. The program will be valid till September 30, 2025. As of February 28, 2025, the company had 49,604,961 shares outstanding (excluding treasury shares) and 4,567,400 shares in its treasury. New Risk • Feb 18
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 299% Dividend yield: 5.0% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 16
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥181 (up from JP¥149 in FY 2023). Revenue: JP¥245.6b (up 7.6% from FY 2023). Net income: JP¥9.01b (up 21% from FY 2023). Profit margin: 3.7% (up from 3.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 03
Sakata INX Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025 Sakata INX Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.6%). Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: JP¥61.02 (vs JP¥56.45 in 3Q 2023) Third quarter 2024 results: EPS: JP¥61.02 (up from JP¥56.45 in 3Q 2023). Revenue: JP¥61.3b (up 4.9% from 3Q 2023). Net income: JP¥3.03b (up 7.3% from 3Q 2023). Profit margin: 4.9% (up from 4.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 26
Sakata INX Corporation to Report Q3, 2024 Results on Nov 11, 2024 Sakata INX Corporation announced that they will report Q3, 2024 results on Nov 11, 2024 Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: JP¥51.69 (vs JP¥35.91 in 2Q 2023) Second quarter 2024 results: EPS: JP¥51.69 (up from JP¥35.91 in 2Q 2023). Revenue: JP¥61.9b (up 11% from 2Q 2023). Net income: JP¥2.59b (up 44% from 2Q 2023). Profit margin: 4.2% (up from 3.2% in 2Q 2023). 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 5.6% growth forecast for the Chemicals 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 only increased by 11% per year, which means it is significantly lagging earnings growth. Declared Dividend • Aug 12
Dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 9.6% 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 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Aug 05
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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥1,329, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 30% over the past three years. Annuncio • Jun 26
Sakata INX Corporation to Report Q2, 2024 Results on Aug 09, 2024 Sakata INX Corporation announced that they will report Q2, 2024 results on Aug 09, 2024 Major Estimate Revision • May 24
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥178 to JP¥201. Revenue forecast steady at JP¥241.5b. Net income forecast to grow 25% next year vs 11% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥2,200 to JP¥2,450. Share price rose 2.8% to JP¥1,757 over the past week. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: JP¥54.55 (vs JP¥40.28 in 1Q 2023) First quarter 2024 results: EPS: JP¥54.55 (up from JP¥40.28 in 1Q 2023). Revenue: JP¥59.2b (up 9.1% from 1Q 2023). Net income: JP¥2.73b (up 36% from 1Q 2023). Profit margin: 4.6% (up from 3.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year. Annuncio • May 15
Sakata INX Corporation (TSE:4633) announces an Equity Buyback for 750,000 shares, representing 1.49% for ¥1,000 million. Sakata INX Corporation (TSE:4633) announces a share repurchase program. Under the program, the company will repurchase up to 750,000 shares, representing 1.49% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,000 million. The purpose of the program is enhancing shareholder returns, improving capital efficiency. The program will be valid till August 30, 2024. As of April 30, 2024, the company had 50,187,014 shares outstanding (excluding treasury shares) and 3,985,347 shares in its treasury. Declared Dividend • Apr 11
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 27th June 2024 Payment date: 2nd September 2024 Dividend yield will be 2.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (17% 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 grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Mar 27
Sakata INX Corporation to Report Q1, 2024 Results on May 14, 2024 Sakata INX Corporation announced that they will report Q1, 2024 results on May 14, 2024 Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,548, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 51% over the past three years. Reported Earnings • Feb 16
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: JP¥149 (up from JP¥85.52 in FY 2022). Revenue: JP¥228.3b (up 5.9% from FY 2022). Net income: JP¥7.47b (up 64% from FY 2022). Profit margin: 3.3% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year. Annuncio • Feb 14
Sakata INX Corporation, Annual General Meeting, Mar 27, 2024 Sakata INX Corporation, Annual General Meeting, Mar 27, 2024. Annuncio • Dec 27
Sakata INX Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024 Sakata INX Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥16.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.4%). Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: JP¥56.45 (vs JP¥13.63 in 3Q 2022) Third quarter 2023 results: EPS: JP¥56.45 (up from JP¥13.63 in 3Q 2022). Revenue: JP¥58.5b (up 3.8% from 3Q 2022). Net income: JP¥2.83b (up 309% from 3Q 2022). Profit margin: 4.8% (up from 1.2% in 3Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Annuncio • Sep 24
Sakata INX Corporation to Report Q3, 2023 Results on Nov 10, 2023 Sakata INX Corporation announced that they will report Q3, 2023 results on Nov 10, 2023 Major Estimate Revision • Sep 09
Consensus EPS estimates increase by 29% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from JP¥124 to JP¥160. Revenue forecast steady at JP¥225.0b. Net income forecast to grow 34% next year vs 7.2% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥1,700 to JP¥1,900. Share price was steady at JP¥1,375 over the past week. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: JP¥35.91 (vs JP¥18.79 in 2Q 2022) Second quarter 2023 results: EPS: JP¥35.91 (up from JP¥18.79 in 2Q 2022). Revenue: JP¥55.9b (up 2.6% from 2Q 2022). Net income: JP¥1.80b (up 78% from 2Q 2022). Profit margin: 3.2% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year. New Risk • Aug 11
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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change). Large one-off items impacting financial results. Annuncio • Jun 28
Sakata INX Corporation to Report Q2, 2023 Results on Aug 10, 2023 Sakata INX Corporation announced that they will report Q2, 2023 results on Aug 10, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥15.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 04 September 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.5%). Major Estimate Revision • May 26
Consensus EPS estimates increase by 19% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from JP¥104 to JP¥124. Revenue forecast unchanged at JP¥224.0b. Net income forecast to grow 24% next year vs 5.3% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥1,400 to JP¥1,700. Share price fell 3.0% to JP¥1,155 over the past week. Price Target Changed • May 25
Price target increased by 26% to JP¥1,700 Up from JP¥1,350, the current price target is provided by 1 analyst. New target price is 45% above last closing price of JP¥1,170. Stock is up 28% over the past year. The company is forecast to post earnings per share of JP¥124 for next year compared to JP¥85.52 last year. Reported Earnings • May 17
First quarter 2023 earnings released: EPS: JP¥40.28 (vs JP¥23.82 in 1Q 2022) First quarter 2023 results: EPS: JP¥40.28 (up from JP¥23.82 in 1Q 2022). Revenue: JP¥54.2b (up 11% from 1Q 2022). Net income: JP¥2.02b (up 45% from 1Q 2022). Profit margin: 3.7% (up from 2.8% in 1Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Apr 01
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥85.52. Revenue: JP¥215.5b (up 19% from FY 2021). Net income: JP¥4.56b (down 7.7% from FY 2021). Profit margin: 2.1% (down from 2.7% in FY 2021). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 3.0%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Chemicals industry in Japan. Reported Earnings • Feb 19
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥85.52. Revenue: JP¥215.5b (up 19% from FY 2021). Net income: JP¥4.56b (down 7.7% from FY 2021). Profit margin: 2.1% (down from 2.7% in FY 2021). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 3.0%. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Annuncio • Dec 28
Sakata INX Corporation to Report Fiscal Year 2022 Results on Feb 14, 2023 Sakata INX Corporation announced that they will report fiscal year 2022 results on Feb 14, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.0%). Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 1 independent director (8 non-independent directors). Independent Outside Director Shizue Izumi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: JP¥13.63 (vs JP¥12.85 in 3Q 2021) Third quarter 2022 results: EPS: JP¥13.63. Revenue: JP¥56.3b (up 25% from 3Q 2021). Net income: JP¥690.0m (down 8.1% from 3Q 2021). Profit margin: 1.2% (down from 1.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Annuncio • Sep 24
Sakata INX Corporation to Report Q3, 2022 Results on Nov 11, 2022 Sakata INX Corporation announced that they will report Q3, 2022 results on Nov 11, 2022 Reported Earnings • Aug 12
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: (down 100% from 2Q 2021). Net income: (down JP¥2.21b from profit in 2Q 2021). Profit margin: (down from 4.9% in 2Q 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 4.3%, compared to a 9.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 25
Sakata INX Corporation to Report Q2, 2022 Results on Aug 10, 2022 Sakata INX Corporation announced that they will report Q2, 2022 results on Aug 10, 2022 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 05 September 2022. Payout ratio is a comfortable 39% and the cash payout ratio is 77%. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.0%). Price Target Changed • May 27
Price target increased to JP¥1,800 Up from JP¥1,600, the current price target is provided by 1 analyst. New target price is 95% above last closing price of JP¥921. Stock is down 11% over the past year. The company is forecast to post earnings per share of JP¥130 for next year compared to JP¥84.42 last year. Reported Earnings • May 19
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: JP¥23.82 (down from JP¥31.38 in 1Q 2021). Revenue: JP¥49.0b (up 13% from 1Q 2021). Net income: JP¥1.39b (down 24% from 1Q 2021). Profit margin: 2.8% (down from 4.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 5.8%, compared to a 7.7% growth forecast for the industry in Japan. 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. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 1 independent director (8 non-independent directors). Independent Outside Director Shizue Izumi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Apr 08
Sakata INX Corporation to Report Q1, 2022 Results on May 13, 2022 Sakata INX Corporation announced that they will report Q1, 2022 results on May 13, 2022 Reported Earnings • Feb 17
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: JP¥84.42 (down from JP¥90.31 in FY 2020). Revenue: JP¥181.5b (up 12% from FY 2020). Net income: JP¥4.93b (down 6.5% from FY 2020). Profit margin: 2.7% (down from 3.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to stay flat compared to a 6.5% growth forecast for the 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 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%). Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS JP¥12.85 (vs JP¥25.06 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥45.0b (up 13% from 3Q 2020). Net income: JP¥751.0m (down 49% from 3Q 2020). Profit margin: 1.7% (down from 3.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS JP¥37.75 (vs JP¥14.43 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥45.5b (up 19% from 2Q 2020). Net income: JP¥2.21b (up 162% from 2Q 2020). Profit margin: 4.9% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. 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 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 04 September 2021. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.0%). Reported Earnings • May 17
First quarter 2021 earnings released: EPS JP¥31.38 (vs JP¥11.20 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥43.2b (up 4.7% from 1Q 2020). Net income: JP¥1.83b (up 180% from 1Q 2020). Profit margin: 4.2% (up from 1.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 14% per year. Annuncio • May 16
Sakata Inx Corporation Provides Earnings Guidance for the Six Months and Full Year of Fiscal Ending December 31, 2021 Sakata INX Corporation provides earnings guidance for the six months and full year of fiscal ending December 31, 2021. For the half year, The company expects net sales to be JPY 82,400 million, Operating profit to be JPY 3,200 million, net income attributable to owners of parent to be JPY 2,600 million or JPY 44.50 per basic share.
For the full year, The company expects net sales to be JPY 170,000 million, Operating profit to be JPY 8,000 million, net income attributable to owners of parent to be JPY 6,400 million or JPY 109.53 per basic share.