Reported Earnings • Jan 31
Third quarter 2026 earnings released: JP¥18.86 loss per share (vs JP¥12.16 loss in 3Q 2025) Third quarter 2026 results: JP¥18.86 loss per share (further deteriorated from JP¥12.16 loss in 3Q 2025). Revenue: JP¥50.1b (down 6.1% from 3Q 2025). Net loss: JP¥494.0m (loss widened 55% from 3Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annuncio • Dec 27
Marubun Corporation to Report Q3, 2026 Results on Jan 30, 2026 Marubun Corporation announced that they will report Q3, 2026 results on Jan 30, 2026 Declared Dividend • Dec 03
First half dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 06
Second quarter 2026 earnings released: EPS: JP¥13.75 (vs JP¥65.39 in 2Q 2025) Second quarter 2026 results: EPS: JP¥13.75 (down from JP¥65.39 in 2Q 2025). Revenue: JP¥52.8b (up 11% from 2Q 2025). Net income: JP¥360.0m (down 79% from 2Q 2025). Profit margin: 0.7% (down from 3.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Oct 15
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Katsuma Yagi was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Annuncio • Sep 09
Marubun Corporation to Report Q2, 2026 Results on Nov 04, 2025 Marubun Corporation announced that they will report Q2, 2026 results on Nov 04, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥23.88 (vs JP¥16.43 in 1Q 2025) First quarter 2026 results: EPS: JP¥23.88 (up from JP¥16.43 in 1Q 2025). Revenue: JP¥49.9b (down 1.8% from 1Q 2025). Net income: JP¥625.0m (up 46% from 1Q 2025). Profit margin: 1.3% (up from 0.8% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 6.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 02
Marubun Corporation to Report Q1, 2026 Results on Aug 01, 2025 Marubun Corporation announced that they will report Q1, 2026 results on Aug 01, 2025 Reported Earnings • Jul 01
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥163 (up from JP¥130 in FY 2024). Revenue: JP¥210.8b (down 11% from FY 2024). Net income: JP¥4.27b (up 26% from FY 2024). Profit margin: 2.0% (up from 1.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic 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 13% per year. Reported Earnings • May 10
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥163 (up from JP¥130 in FY 2024). Revenue: JP¥210.8b (down 11% from FY 2024). Net income: JP¥4.27b (up 26% from FY 2024). Profit margin: 2.0% (up from 1.4% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 5.1%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic 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 11% per year. Annuncio • May 09
Marubun Corporation, Annual General Meeting, Jun 26, 2025 Marubun Corporation, Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥863, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 52% over the past three years. Annuncio • Apr 03
Marubun Corporation to Report Fiscal Year 2025 Results on May 09, 2025 Marubun Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). New Risk • Feb 11
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.7% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.9% net profit margin). Reported Earnings • Feb 08
Third quarter 2025 earnings released: JP¥12.15 loss per share (vs JP¥82.88 profit in 3Q 2024) Third quarter 2025 results: JP¥12.15 loss per share (down from JP¥82.88 profit in 3Q 2024). Revenue: JP¥53.4b (down 4.3% from 3Q 2024). Net loss: JP¥318.0m (down 115% from profit in 3Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year. Annuncio • Jan 03
Marubun Corporation to Report Q3, 2025 Results on Feb 07, 2025 Marubun Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Dec 04
First half dividend of JP¥27.00 announced Dividend of JP¥27.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 4.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 84% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥65.39 (vs JP¥56.10 in 2Q 2024) Second quarter 2025 results: EPS: JP¥65.39 (up from JP¥56.10 in 2Q 2024). Revenue: JP¥47.8b (down 25% from 2Q 2024). Net income: JP¥1.71b (up 17% from 2Q 2024). Profit margin: 3.6% (up from 2.3% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 27
Marubun Corporation to Report Q2, 2025 Results on Oct 31, 2024 Marubun Corporation announced that they will report Q2, 2025 results on Oct 31, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Buy Or Sell Opportunity • Aug 06
Now 21% overvalued Over the last 90 days, the stock has fallen 30% to JP¥1,020. The fair value is estimated to be JP¥845, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.6% in 2 years. Earnings are forecast to grow by 61% in the next 2 years. 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 6.7% 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 High level of debt (77% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥16.40 (vs JP¥12.63 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥16.40 (up from JP¥12.63 loss in 1Q 2024). Revenue: JP¥50.8b (down 16% from 1Q 2024). Net income: JP¥429.0m (up JP¥759.0m from 1Q 2024). Profit margin: 0.8% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 4.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jun 29
Marubun Corporation to Report Q1, 2025 Results on Jul 31, 2024 Marubun Corporation announced that they will report Q1, 2025 results on Jul 31, 2024 Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,216, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 131% over the past three years. Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥130 (vs JP¥199 in FY 2023) Full year 2024 results: EPS: JP¥130 (down from JP¥199 in FY 2023). Revenue: JP¥236.5b (up 4.6% from FY 2023). Net income: JP¥3.40b (down 35% from FY 2023). Profit margin: 1.4% (down from 2.3% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Annuncio • May 12
Marubun Corporation, Annual General Meeting, Jun 26, 2024 Marubun Corporation, Annual General Meeting, Jun 26, 2024. Buy Or Sell Opportunity • Apr 23
Now 21% overvalued Over the last 90 days, the stock has fallen 18% to JP¥1,420. The fair value is estimated to be JP¥1,174, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.4% over the last 3 years. Meanwhile, the company has become profitable. Annuncio • Mar 28
Marubun Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Marubun Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 5.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥82.88 (vs JP¥134 in 3Q 2023) Third quarter 2024 results: EPS: JP¥82.88 (down from JP¥134 in 3Q 2023). Revenue: JP¥55.8b (down 10% from 3Q 2023). Net income: JP¥2.17b (down 38% from 3Q 2023). Profit margin: 3.9% (down from 5.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Annuncio • Dec 06
Marubun Corporation to Report Q3, 2024 Results on Jan 31, 2024 Marubun Corporation announced that they will report Q3, 2024 results on Jan 31, 2024 New Risk • Nov 21
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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥56.10 (vs JP¥31.34 in 2Q 2023) Second quarter 2024 results: EPS: JP¥56.10 (up from JP¥31.34 in 2Q 2023). Revenue: JP¥63.3b (up 15% from 2Q 2023). Net income: JP¥1.47b (up 79% from 2Q 2023). Profit margin: 2.3% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥25.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Annuncio • Aug 27
Marubun Corporation to Report Q2, 2024 Results on Oct 31, 2023 Marubun Corporation announced that they will report Q2, 2024 results on Oct 31, 2023 New Risk • Aug 03
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 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change). Reported Earnings • Aug 01
First quarter 2024 earnings released: JP¥12.63 loss per share (vs JP¥13.39 loss in 1Q 2023) First quarter 2024 results: JP¥12.63 loss per share (improved from JP¥13.39 loss in 1Q 2023). Revenue: JP¥60.4b (up 31% from 1Q 2023). Net loss: JP¥330.0m (loss narrowed 5.7% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 28
Marubun Corporation to Report Q1, 2024 Results on Jul 31, 2023 Marubun Corporation announced that they will report Q1, 2024 results on Jul 31, 2023 Annuncio • May 17
Marubun Corporation, Annual General Meeting, Jun 28, 2023 Marubun Corporation, Annual General Meeting, Jun 28, 2023. Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥199 (vs JP¥93.25 in FY 2022) Full year 2023 results: EPS: JP¥199 (up from JP¥93.25 in FY 2022). Revenue: JP¥226.2b (up 35% from FY 2022). Net income: JP¥5.20b (up 113% from FY 2022). Profit margin: 2.3% (up from 1.5% 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 103% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥47.00 per share at 4.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,208, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 113% over the past three years. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥134 (vs JP¥17.98 in 3Q 2022) Third quarter 2023 results: EPS: JP¥134 (up from JP¥17.98 in 3Q 2022). Revenue: JP¥62.2b (up 54% from 3Q 2022). Net income: JP¥3.49b (up JP¥3.02b from 3Q 2022). Profit margin: 5.6% (up from 1.2% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annuncio • Dec 28
Marubun Corporation to Report Q3, 2023 Results on Jan 31, 2023 Marubun Corporation announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Koji Kakinuma was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥31.34 (vs JP¥26.75 in 2Q 2022) Second quarter 2023 results: EPS: JP¥31.34 (up from JP¥26.75 in 2Q 2022). Revenue: JP¥54.9b (up 27% from 2Q 2022). Net income: JP¥819.0m (up 17% from 2Q 2022). Profit margin: 1.5% (down from 1.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 23
Marubun Corporation to Report Q2, 2023 Results on Oct 31, 2022 Marubun Corporation announced that they will report Q2, 2023 results on Oct 31, 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. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Reported Earnings • Jul 31
First quarter 2023 earnings released: JP¥13.39 loss per share (vs JP¥21.31 profit in 1Q 2022) First quarter 2023 results: JP¥13.39 loss per share (down from JP¥21.31 profit in 1Q 2022). Revenue: JP¥46.2b (up 24% from 1Q 2022). Net loss: JP¥350.0m (down 163% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year. Annuncio • Jun 29
Marubun Corporation to Report Q1, 2023 Results on Jul 29, 2022 Marubun Corporation announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥93.25 (vs JP¥81.62 loss in FY 2021) Full year 2022 results: EPS: JP¥93.25 (up from JP¥81.62 loss in FY 2021). Revenue: JP¥167.8b (down 42% from FY 2021). Net income: JP¥2.44b (up JP¥4.57b from FY 2021). Profit margin: 1.5% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥766, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 57% over the past three years. Annuncio • May 18
Marubun Corporation, Annual General Meeting, Jun 28, 2022 Marubun Corporation, Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Koji Kakinuma was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 08
Marubun Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Marubun Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥17.98 (up from JP¥75.84 loss in 3Q 2021). Revenue: JP¥40.3b (down 49% from 3Q 2021). Net income: JP¥470.0m (up JP¥2.45b from 3Q 2021). Profit margin: 1.2% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Annuncio • Dec 03
Marubun Corporation and Ossia Inc. Combine Forces to Develop Wireless Power Sensor Receiver for Broad Applications Ossia Inc. and Marubun Corporation jointly announced that they will leverage Ossia's patented wireless-power-over-air technology to create IoT sensor receivers that can be used to automatically power many kinds of devices, from inventory trackers and headsets to digital signage and wearables. The Cota-enabled IoT sensors will be able to receive power at a distance, without the need for line-of-sight, and will have communication capabilities. To start, the Cota Power Receiver for IoT will be built on Ossia's 2.4GHz wireless power system, with the 5.8GHz system to follow. Once embedded into the end devices, the wirelessly powered sensors can be managed remotely through the cloud-based Cota IoT Platform. This sensor, using the Cota technology and Marubun's product development, will be the first of its kind to be designed and integrated into many types of IoT devices, without the need for a retrofit stage. With any new technology, retrofitting is a common bridge between a currently marketed product and a new product with the technology built in. But retrofits, such as adapters and power sleeves, can be costly, cumbersome, and take extra time to build and distribute. The Cota Power Receiver for IoT was developed to help bypass these obstacles. Cota enables devices to receive power without user intervention, charging pads, plugging in, or batteries. It can deliver power at a distance to multiple devices simultaneously, while supporting a high level of quantity and frequency of updates, such as might be required with a digital display. It can also safely deliver power while the device is in motion. The Cota Power Receiver for IoT is designed to be: Cost effective. Easy to use; Easy to integrate; Easy to customize through Marubun. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥26.75 (vs JP¥9.41 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥43.2b (down 42% from 2Q 2021). Net income: JP¥699.0m (up 184% from 2Q 2021). Profit margin: 1.6% (up from 0.3% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥21.31 (vs JP¥11.86 loss 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¥37.3b (down 40% from 1Q 2021). Net income: JP¥557.0m (up JP¥867.0m from 1Q 2021). Profit margin: 1.5% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
Full year 2021 earnings released: JP¥81.62 loss per share (vs JP¥2.87 loss in FY 2020) The company reported a poor full year result with increased losses and weaker control over costs, although revenues were flat. Full year 2021 results: Revenue: JP¥289.3b (flat on FY 2020). Net loss: JP¥2.13b (loss widened JP¥2.06b from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 14
Third quarter 2021 earnings released: JP¥74.02 loss per share (vs JP¥2.95 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: JP¥79.0b (up 8.7% from 3Q 2020). Net loss: JP¥1.98b (loss widened JP¥1.91b from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 92% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥565 The company is up 18% from its price of JP¥480 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 15% over the same period. Is New 90 Day High Low • Jan 15
New 90-day high: JP¥540 The company is up 5.0% from its price of JP¥515 on 16 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: JP¥536 The company is up 8.0% from its price of JP¥495 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 18% over the same period. Annuncio • Aug 30
Marubun Corporation to Report Q2, 2021 Results on Oct 30, 2020 Marubun Corporation announced that they will report Q2, 2021 results on Oct 30, 2020