JVCKENWOOD（JVC）株式概要株式会社JVCケンウッドは、モビリティ・テレマティクス・サービス、公共サービス、メディア・サービス分野の製品を日本および海外で製造・販売している。 詳細JVC ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長1/6過去の実績2/6財務の健全性6/6配当金5/6報酬当社が推定した公正価値より65.2%で取引されている 収益は年間11.69%増加すると予測されています 1.99%の安定した配当金を支払う 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が57.2%上昇するだろうとほぼ一致している。 リスク分析リスクチェックの結果、JVC 、リスクは検出されなかった。すべてのリスクチェックを見るJVC Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW468,393 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA468,393 investors already sharing narrativesYour Fair Value€Current Price€5.307.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-5b417b2016201920222025202620282031Revenue JP¥416.8bEarnings JP¥16.3bAdvancedSet Fair ValueView all narrativesJVCKENWOOD Corporation 競合他社Einhell GermanySymbol: XTRA:EINMarket cap: €817.5mBijou Brigitte modische AccessoiresSymbol: XTRA:BIJMarket cap: €348.4mLeifheitSymbol: XTRA:LEIMarket cap: €121.0mHugo BossSymbol: XTRA:BOSSMarket cap: €2.6b価格と性能株価の高値、安値、推移の概要JVCKENWOOD過去の株価現在の株価JP¥5.3052週高値JP¥7.8252週安値JP¥5.10ベータ0.961ヶ月の変化-10.17%3ヶ月変化-7.83%1年変化-27.45%3年間の変化48.88%5年間の変化235.44%IPOからの変化353.77%最新ニュースReported Earnings • Aug 04First quarter 2027 earnings released: EPS: JP¥7.00 (vs JP¥23.38 in 1Q 2026)First quarter 2027 results: EPS: JP¥7.00 (down from JP¥23.38 in 1Q 2026). Revenue: JP¥88.8b (up 11% from 1Q 2026). Net income: JP¥989.0m (down 71% from 1Q 2026). Profit margin: 1.1% (down from 4.3% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jul 26Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 171%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 15% 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.お知らせ • Jun 24JVCKENWOOD Corporation Announces Board Appointments, Effective June 24, 2026JVCKENWOOD Corporation at the 18th Ordinary General Meeting of Shareholders held on June 24, 2026 approved appointment of ORII Masako as External Director of the Board and HIRAKO Yuji was appointed Chairman of the Board, effective June 24, 2026.お知らせ • May 30JVCKENWOOD Corporation to Report Q1, 2027 Results on Aug 03, 2026JVCKENWOOD Corporation announced that they will report Q1, 2027 results on Aug 03, 2026お知らせ • May 01JVCKENWOOD Corporation, Annual General Meeting, Jun 24, 2026JVCKENWOOD Corporation, Annual General Meeting, Jun 24, 2026.お知らせ • Feb 25JVCKENWOOD Corporation Announces Directorate Changes, Effective April 1, 2026JVCKENWOOD Corporation resolved at the Board of Directors held February 25, 2026 on the nomination of 7 candidates for Directors who are not Audit & Supervisory Committee members (the 4 Directors who are Audit & Supervisory Committee members are not up for election), whose appointment will be submitted at the 18th Ordinary General Meeting of Shareholders scheduled for late June of this year, and resolved on the new management structure effective April 1, 2026. Retiring directors. HAMASAKI Yuji, NOMURA Masao, HAYASHI Kazuyoshi, SONODA Yoshio .最新情報をもっと見るRecent updatesReported Earnings • Aug 04First quarter 2027 earnings released: EPS: JP¥7.00 (vs JP¥23.38 in 1Q 2026)First quarter 2027 results: EPS: JP¥7.00 (down from JP¥23.38 in 1Q 2026). Revenue: JP¥88.8b (up 11% from 1Q 2026). Net income: JP¥989.0m (down 71% from 1Q 2026). Profit margin: 1.1% (down from 4.3% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jul 26Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 171%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 15% 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.お知らせ • Jun 24JVCKENWOOD Corporation Announces Board Appointments, Effective June 24, 2026JVCKENWOOD Corporation at the 18th Ordinary General Meeting of Shareholders held on June 24, 2026 approved appointment of ORII Masako as External Director of the Board and HIRAKO Yuji was appointed Chairman of the Board, effective June 24, 2026.お知らせ • May 30JVCKENWOOD Corporation to Report Q1, 2027 Results on Aug 03, 2026JVCKENWOOD Corporation announced that they will report Q1, 2027 results on Aug 03, 2026お知らせ • May 01JVCKENWOOD Corporation, Annual General Meeting, Jun 24, 2026JVCKENWOOD Corporation, Annual General Meeting, Jun 24, 2026.お知らせ • Feb 25JVCKENWOOD Corporation Announces Directorate Changes, Effective April 1, 2026JVCKENWOOD Corporation resolved at the Board of Directors held February 25, 2026 on the nomination of 7 candidates for Directors who are not Audit & Supervisory Committee members (the 4 Directors who are Audit & Supervisory Committee members are not up for election), whose appointment will be submitted at the 18th Ordinary General Meeting of Shareholders scheduled for late June of this year, and resolved on the new management structure effective April 1, 2026. Retiring directors. HAMASAKI Yuji, NOMURA Masao, HAYASHI Kazuyoshi, SONODA Yoshio .お知らせ • Feb 03JVCKENWOOD Corporation (TSE:6632) announces an Equity Buyback for 3,000,000 shares, representing 2.09% for ¥3,000 million.JVCKENWOOD Corporation (TSE:6632) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.08% of its issued share capital, for ¥3,000 million. The purpose of the buyback is to improve the ratio of profit attributable to owners of the parent (ROE) and earnings per share (EPS), as well as to mitigate the short-term impact on demand and supply for the company’s shares due to the issuance of Zero Coupon Convertible Bonds due 2030. The program will expire on April 30, 2026. As of December 31, 2025, the company had 143,767,937 shares outstanding (excluding treasury shares) and had 19,488,432 shares in treasury.お知らせ • Nov 29JVCKENWOOD Corporation to Report Q3, 2026 Results on Feb 03, 2026JVCKENWOOD Corporation announced that they will report Q3, 2026 results on Feb 03, 2026お知らせ • Nov 13JVCKENWOOD Corporation (TSE:6632) announces an Equity Buyback for 5,000,000 shares, representing 3.39% for ¥5,000 million.JVCKENWOOD Corporation (TSE:6632) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 3.39% of its issued share capital, for ¥5,000 million. The purpose of the buyback is to improve the ratio of profit attributable to owners of the parent (ROE) and earnings per share (EPS), as well as to mitigate the short-term impact on demand and supply for the company’s shares due to the issuance of Zero Coupon Convertible Bonds due 2030. The program will expire on December 23, 2025. As of September 30, 2025, the company had 147,281,876 shares outstanding (excluding treasury shares) and had 16,718,325 shares in treasury.お知らせ • Oct 10JVCKENWOOD Corporation (TSE:6632) entered into a share transfer agreement to acquire ESChat from Josh Lober and five other individual shareholders.JVCKENWOOD Corporation (TSE:6632) entered into a share transfer agreement to acquire ESChat from Josh Lober and five other individual shareholders on October 8, 2025. For the period ending December 31, 2024, ESChat reported total revenue of $1.13 billion and EBIT of $172 million. As of December 31, 2024, ESChat reported total assets of $430 million and total common equity of $451 million. The expected completion of the transaction is by the end of March 2026.お知らせ • Sep 01JVCKENWOOD Corporation to Report Q2, 2026 Results on Oct 31, 2025JVCKENWOOD Corporation announced that they will report Q2, 2026 results on Oct 31, 2025お知らせ • May 31JVCKENWOOD Corporation to Report Q1, 2026 Results on Aug 01, 2025JVCKENWOOD Corporation announced that they will report Q1, 2026 results on Aug 01, 2025お知らせ • May 01+ 1 more updateJVCKENWOOD Corporation, Annual General Meeting, Jun 25, 2025JVCKENWOOD Corporation, Annual General Meeting, Jun 25, 2025.お知らせ • Mar 01JVCKENWOOD Corporation to Report Fiscal Year 2025 Results on May 01, 2025JVCKENWOOD Corporation announced that they will report fiscal year 2025 results on May 01, 2025Buy Or Sell Opportunity • Jan 11Now 22% undervaluedOver the last 90 days, the stock has risen 34% to €10.31. The fair value is estimated to be €13.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 0.8% per annum. Earnings are also forecast to grow by 3.5% per annum over the same time period.New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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.Board Change • Dec 30Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent External Director Satoshi Hirano was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 26JVCKENWOOD Corporation to Report Q3, 2025 Results on Feb 03, 2025JVCKENWOOD Corporation announced that they will report Q3, 2025 results on Feb 03, 2025Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €8.76, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total returns to shareholders of 610% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.77 per share.Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥37.06 (vs JP¥21.19 in 2Q 2024)Second quarter 2025 results: EPS: JP¥37.06 (up from JP¥21.19 in 2Q 2024). Revenue: JP¥88.8b (flat on 2Q 2024). Net income: JP¥5.59b (up 71% from 2Q 2024). Profit margin: 6.3% (up from 3.7% in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 31JVCKENWOOD Corporation Announces Dividend for the Interim Period of the Fiscal Year Ending March 2025, Payable on December 9, 2024JVCKENWOOD Corporation announced an dividend of JPY 5.00 per share for the interim period of the fiscal year ending March 2025 against JPY 0.00 per share paid a year ago. Record date is September 30, 2024. Effective date is December 9, 2024.お知らせ • Sep 02JVCKENWOOD Corporation to Report Q2, 2025 Results on Oct 31, 2024JVCKENWOOD Corporation announced that they will report Q2, 2025 results on Oct 31, 2024Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥36.49 (vs JP¥21.84 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.49 (up from JP¥21.84 in 1Q 2024). Revenue: JP¥87.8b (up 2.5% from 1Q 2024). Net income: JP¥5.50b (up 58% from 1Q 2024). Profit margin: 6.3% (up from 4.1% in 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 04Now 40% overvalued after recent price riseOver the last 90 days, the stock has risen 30% to €6.13. The fair value is estimated to be €4.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to decline by 0.8% in 2 years. Earnings are forecast to decline by 6.1% in the next 2 years.Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €6.13, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Consumer Durables industry in Europe. Total returns to shareholders of 299% over the past three years.New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% 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.Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥84.34 (vs JP¥99.27 in FY 2023)Full year 2024 results: EPS: JP¥84.34 (down from JP¥99.27 in FY 2023). Revenue: JP¥359.5b (up 6.7% from FY 2023). Net income: JP¥13.0b (down 20% from FY 2023). Profit margin: 3.6% (down from 4.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 44% per year.お知らせ • Jun 21JVCKENWOOD Corporation Announces New Management Structure ChangesJVCKENWOOD Corporation has finalized its new management structure following the election of directors and audit & supervisory board members at the 16th Ordinary General Meeting of Shareholders. Effective June 21, 2024, newly appointed figures include HAYASHI Kazuyoshi, joining as a director of the board, and KURIHARA Naokazu, who assumes a role as an audit & supervisory board member. External appointments feature HIRANO Satoshi, newly elected as a director of the board, alongside EBINUMA Ryuichi and KOBASHIKAWA Yasuko, who join as external audit & supervisory board members. This strategic reshuffle underscores JVCKENWOOD's commitment to integrating fresh perspectives into its governance framework while maintaining operational continuity under existing executive officers.お知らせ • Jun 02JVCKENWOOD Corporation to Report Q1, 2025 Results on Aug 01, 2024JVCKENWOOD Corporation announced that they will report Q1, 2025 results on Aug 01, 2024お知らせ • May 17JVCKENWOOD Corporation Announces Dividend for the Fiscal Year Ended March 31, 2024JVCKENWOOD Corporation resolved at its Board of Directors held on May 15, 2024 to distribute a dividend of surplus. The record date thereof is March 31, 2024. Dividend per share: JPY 12.00. Total amount of dividend: JPY 1,827 million. Effective date: May 28, 2024.Reported Earnings • May 01Full year 2024 earnings released: EPS: JP¥84.34 (vs JP¥99.27 in FY 2023)Full year 2024 results: EPS: JP¥84.34 (down from JP¥99.27 in FY 2023). Revenue: JP¥359.5b (up 6.7% from FY 2023). Net income: JP¥13.0b (down 20% from FY 2023). Profit margin: 3.6% (down from 4.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 28JVCKENWOOD Corporation, Annual General Meeting, Jun 21, 2024JVCKENWOOD Corporation, Annual General Meeting, Jun 21, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 9.5% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.4%).お知らせ • Mar 02JVCKENWOOD Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024JVCKENWOOD Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €5.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total returns to shareholders of 216% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.86 per share.New Risk • Feb 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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 Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.3% net profit margin).Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: JP¥27.30 (vs JP¥72.39 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.30 (down from JP¥72.39 in 3Q 2023). Revenue: JP¥92.6b (up 3.5% from 3Q 2023). Net income: JP¥4.17b (down 65% from 3Q 2023). Profit margin: 4.5% (down from 13% in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 01+ 1 more updateJVCKENWOOD Corporation Provides Earnings Guidance for the Year Ending March 31, 2024JVCKENWOOD Corporation provided earnings guidance for the year ending March 31, 2024. For the year, company expected sales of JPY 355,000 million, operating profit of JPY 16,500 million, profit attributable to owners of parent of JPY 10,500 million and basic earnings per share of JPY 67.97.New Risk • Dec 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% 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 Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results.お知らせ • Nov 27JVCKENWOOD Corporation to Report Q3, 2024 Results on Feb 01, 2024JVCKENWOOD Corporation announced that they will report Q3, 2024 results on Feb 01, 2024Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.66, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total returns to shareholders of 314% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.22 per share.お知らせ • Nov 02JVCKENWOOD Corporation (TSE:6632) announces an Equity Buyback for 4,500,000 shares, representing 2.89% for ¥2,500 million.JVCKENWOOD Corporation (TSE:6632) announces a share repurchase program. Under the program, the company will repurchase up to 4,500,000 shares, representing 2.90% of its total shares outstanding (excluding treasury shares), for a total of ¥2.500 million. The purpose of repurchase program is to increase the flexibility of capital utilization, to improve shareholder returns and capital efficiency and return on equity of the parent company, increase earnings per share. The repurchase program is valid till December 29, 2023. As of September 30, 2023, the company had 155,567,697 shares outstanding (excluding treasury shares) and had 8,432,504 shares in treasury.お知らせ • Aug 27JVCKENWOOD Corporation to Report Q2, 2024 Results on Oct 31, 2023JVCKENWOOD Corporation announced that they will report Q2, 2024 results on Oct 31, 2023Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €4.02, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total returns to shareholders of 269% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.85 per share.Reported Earnings • Aug 02First quarter 2024 earnings released: EPS: JP¥21.84 (vs JP¥1.51 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥21.84 (up from JP¥1.51 loss in 1Q 2023). Revenue: JP¥85.6b (up 19% from 1Q 2023). Net income: JP¥3.48b (up JP¥3.72b from 1Q 2023). Profit margin: 4.1% (up from net loss in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 02+ 1 more updateJVCKENWOOD Corporation Announces Consolidated Earnings Guidance for the Period Ending March 2024JVCKENWOOD Corporation announced consolidated earnings guidance for the period ending March 2024. For the fiscal year, the company expects revenue of JPY 350,000 million, operating profit of JPY 13,400 million, profit attributable to owners of parent of JPY 8,000 million. Basic earnings per share to be 51.14.New Risk • Jul 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 41% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.お知らせ • Jun 24JVCKENWOOD Corporation to Report Q1, 2024 Results on Aug 01, 2023JVCKENWOOD Corporation announced that they will report Q1, 2024 results on Aug 01, 2023Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €3.04, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total returns to shareholders of 129% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.06 per share.Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥99.27 (vs JP¥35.89 in FY 2022)Full year 2023 results: EPS: JP¥99.27 (up from JP¥35.89 in FY 2022). Revenue: JP¥336.9b (up 19% from FY 2022). Net income: JP¥16.2b (up 176% from FY 2022). Profit margin: 4.8% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 4.5%. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 4.7% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.1%).Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥72.40 (vs JP¥4.65 in 3Q 2022)Third quarter 2023 results: EPS: JP¥72.40 (up from JP¥4.65 in 3Q 2022). Revenue: JP¥89.4b (up 27% from 3Q 2022). Net income: JP¥11.8b (up JP¥11.1b from 3Q 2022). Profit margin: 13% (up from 1.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. 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 8% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 27JVCKENWOOD Corporation to Report Q3, 2023 Results on Feb 01, 2023JVCKENWOOD Corporation announced that they will report Q3, 2023 results on Feb 01, 2023Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director of the Board Hiromi Onitsuka-Baur was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improved over the past weekAfter last week's 48% share price gain to €2.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Consumer Durables industry in Germany. Total returns to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.92 per share.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥24.00 (vs JP¥10.54 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥24.00 (up from JP¥10.54 loss in 2Q 2022). Revenue: JP¥86.1b (up 44% from 2Q 2022). Net income: JP¥3.92b (up JP¥5.65b from 2Q 2022). Profit margin: 4.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Aug 28JVCKENWOOD Corporation to Report Q2, 2023 Results on Oct 31, 2022JVCKENWOOD Corporation announced that they will report Q2, 2023 results on Oct 31, 2022Reported Earnings • Jul 31First quarter 2023 earnings released: JP¥1.51 loss per share (vs JP¥8.97 profit in 1Q 2022)First quarter 2023 results: JP¥1.51 loss per share (down from JP¥8.97 profit in 1Q 2022). Revenue: JP¥72.0b (up 12% from 1Q 2022). Net loss: JP¥246.0m (down 117% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 3.4%, compared to a 3.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • May 29JVCKENWOOD Corporation to Report Q1, 2023 Results on Jul 29, 2022JVCKENWOOD Corporation announced that they will report Q1, 2023 results on Jul 29, 2022Reported Earnings • Apr 29Full year 2022 earnings released: EPS: JP¥35.89 (vs JP¥13.14 in FY 2021)Full year 2022 results: EPS: JP¥35.89 (up from JP¥13.14 in FY 2021). Revenue: JP¥282.1b (up 3.1% from FY 2021). Net income: JP¥5.87b (up 173% from FY 2021). Profit margin: 2.1% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.4%, compared to a 8.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). President, CEO & Representative Director Scott Eguchi is the most experienced director on the board, commencing their role in 2014. Independent External Director of the Board Hiromi Onitsuka-Baur was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 08JVCKENWOOD Corporation to Report Fiscal Year 2022 Results on Apr 27, 2022JVCKENWOOD Corporation announced that they will report fiscal year 2022 results on Apr 27, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.3%).Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥4.64 (down from JP¥29.22 in 3Q 2021). Revenue: JP¥70.2b (down 9.1% from 3Q 2021). Net income: JP¥759.0m (down 84% from 3Q 2021). Profit margin: 1.1% (down from 6.2% in 3Q 2021). Revenue missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 6.5%, compared to a 7.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Reported Earnings • Oct 30Second quarter 2022 earnings released: JP¥10.55 loss per share (vs JP¥4.32 loss in 2Q 2021)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2022 results: Revenue: JP¥59.9b (down 10.0% from 2Q 2021). Net loss: JP¥1.73b (loss widened 144% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year.Reported Earnings • Jul 31First quarter 2022 earnings released: EPS JP¥8.97 (vs JP¥21.86 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥64.5b (up 26% from 1Q 2021). Net income: JP¥1.47b (up JP¥5.05b from 1Q 2021). Profit margin: 2.3% (up from net loss in 1Q 2021). 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 9% per year, which means it has not declined as severely as earnings.お知らせ • May 08Codan Communications completed the acquisition of Zetron, Inc. from JVCKENWOOD Corporation (TSE:6632).Codan Communications entered into an agreement to acquire Zetron, Inc. from JVCKENWOOD Corporation (TSE:6632) for $45 million on March 31, 2021. The acquisition is on a cash free, debt free basis. Codan will merge its Critical Communications and Zetron businesses to create a single mission critical communications company trading under the stronger Zetron brand. The transaction will be funded through a combination of existing cash and a recently approved banking facility of AUD100 million ($76.1 million). The transaction is subject to obtaining change of control consents and other conditions precedent standard for transactions of this nature. The transaction is subject to final approval by the respective boards of Codan and JVCKENWOOD. The transaction is expected to be completed by end of April 30, 2021. Zetron is expected to contribute approximately AUD 67 million ($50.9 million) of sales and AUD 8 million ($6.1 million) in EBITDA under Codan’s ownership in financial year 2022 and therefore it will be earnings-per-share accretive. Robert L. Meyers and Christopher Hale of Sidley Austin LLP acted as legal advisor to Codan. Codan Communications completed the acquisition of Zetron, Inc. from JVCKENWOOD Corporation (TSE:6632) on May 7, 2021. Zetron will now be integrated with the North American-based critical communications division of Codan Communications, a Codan Limited portfolio company. The newly merged business will operate under the name "Zetron, a Codan Company" and continue to develop and market the current respective solutions of both businesses. The new Zetron has more than 300 global employees, doing business in over 150 countries on all seven continents of the world. The company will be headquartered in Redmond, Washington (USA), with additional operations in Victoria, BC (CAN), Brisbane, QLD (AUS), and regional sales offices located within the Americas, EMEA and APAC regions. All transaction requirements have been subsequently satisfied.Reported Earnings • Apr 29Full year 2021 earnings released: EPS JP¥13.14 (vs JP¥5.82 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥273.6b (down 6.1% from FY 2020). Net income: JP¥2.15b (up 126% from FY 2020). Profit margin: 0.8% (up from 0.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 05 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (2.2%).Is New 90 Day High Low • Mar 05New 90-day high: €1.73The company is up 44% from its price of €1.20 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.30 per share.お知らせ • Mar 04JVCKENWOOD Corporation to Report Q4, 2021 Results on Apr 27, 2021JVCKENWOOD Corporation announced that they will report Q4, 2021 results on Apr 27, 2021Is New 90 Day High Low • Feb 02New 90-day high: €1.55The company is up 29% from its price of €1.20 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.07 per share.Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥29.21 (vs JP¥3.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥77.2b (up 6.2% from 3Q 2020). Net income: JP¥4.79b (up JP¥4.27b from 3Q 2020). Profit margin: 6.2% (up from 0.7% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 79% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 02Revenue beats expectationsRevenue exceeded analyst estimates by 12%. Over the next year, revenue is forecast to grow 2.1%, compared to a 7.1% growth forecast for the Consumer Durables industry in Germany.Is New 90 Day High Low • Jan 16New 90-day high: €1.38The company is up 24% from its price of €1.11 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.10 per share.Is New 90 Day High Low • Dec 22New 90-day high: €1.36The company is up 11% from its price of €1.22 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.09 per share.お知らせ • Nov 29JVCKENWOOD Corporation to Report Q3, 2021 Results on Jan 29, 2021JVCKENWOOD Corporation announced that they will report Q3, 2021 results on Jan 29, 2021Reported Earnings • Nov 15Second quarter 2021 earnings released: JP¥4.32 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥66.6b (down 9.0% from 2Q 2020). Net loss: JP¥708.0m (down 321% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 15Revenue beats expectationsRevenue exceeded analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 1.7%, compared to a 4.6% growth forecast for the Consumer Durables industry in Germany.Reported Earnings • Nov 10Second quarter 2021 earnings released: JP¥13.09 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥58.8b (down 20% from 2Q 2020). Net loss: JP¥2.15b (down JP¥2.47b from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 10Revenue beats expectationsRevenue exceeded analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 1.7%, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany.Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total losses of JP¥4.54b, with earnings decreasing by JP¥7.81b from the prior year. Total revenue was JP¥262.3b over the last 12 months, down 14% from the prior year.Analyst Estimate Surprise Post Earnings • Nov 01Semi-annual earnings released: Revenue beats expectationsSemi-annual revenue exceeded analyst estimates by 5.7% at JP¥117.7b. Revenue is forecast to grow 1.7% over the next year, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany.お知らせ • Sep 04JVCKENWOOD Corporation to Report Q2, 2021 Results on Oct 30, 2020JVCKENWOOD Corporation announced that they will report Q2, 2021 results on Oct 30, 2020株主還元JVCDE Consumer DurablesDE 市場7D-2.8%-2.5%-0.3%1Y-27.4%-12.7%3.0%株主還元を見る業界別リターン: JVC過去 1 年間で-12.7 % の収益を上げたGerman Consumer Durables業界を下回りました。リターン対市場: JVCは、過去 1 年間で3 % のリターンを上げたGerman市場を下回りました。価格変動Is JVC's price volatile compared to industry and market?JVC volatilityJVC Average Weekly Movement6.6%Consumer Durables Industry Average Movement3.9%Market Average Movement5.2%10% most volatile stocks in DE Market12.6%10% least volatile stocks in DE Market2.6%安定した株価: JVC 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: JVCの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト192715,229Scott Eguchiwww.jvckenwood.com株式会社JVCケンウッドは、モビリティ＆テレマティクスサービス分野、公共サービス分野、メディアサービス分野の製品を国内外に製造・販売している。モビリティ＆テレマティクスサービス分野では、カーAVシステム、カーナビゲーションシステム、カーオーディオシステム、ダッシュカム、車載機器等の製造・販売及びテレマティクスソリューションの提供を行っています。公共サービス事業」は、業務用無線通信機器、映像監視・音響機器、医用画像表示システム等を製造・販売している。メディアサービス事業」は、業務用ビデオカメラ、プロジェクター、ヘッドホン、業務用ビデオカ メラ、家庭用音響機器、ポータブル電源等、CD・DVD（パッケージソフト）等、オーディオ・ビ デオソフト、コンテンツ配信等を行っております。その他」は、サービスパーツ等を提供している。また、電子機器の受託製造も行っている。JVC、ビクター、ケンウッドのブランドで製品を販売している。旧社名は株式会社JVCケンウッドホールディングスで、2011年8月に株式会社JVCケンウッドに社名変更した。同社は1927 年に設立され、横浜に本社を置く。もっと見るJVCKENWOOD Corporation 基礎のまとめJVCKENWOOD の収益と売上を時価総額と比較するとどうか。JVC 基礎統計学時価総額€766.55m収益（TTM）€77.17m売上高(TTM)€1.97b9.9xPER（株価収益率0.4xP/SレシオJVC は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計JVC 損益計算書（TTM）収益JP¥365.47b売上原価JP¥254.66b売上総利益JP¥110.81bその他の費用JP¥96.48b収益JP¥14.33b直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）101.38グロス・マージン30.32%純利益率3.92%有利子負債／自己資本比率44.0%JVC の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.0%現在の配当利回り18%配当性向JVC 配当は確実ですか？JVC 配当履歴とベンチマークを見るJVC 、いつまでに購入すれば配当金を受け取れますか？JVCKENWOOD 配当日配当落ち日Sep 29 2026配当支払日Dec 01 2026配当落ちまでの日数36 days配当支払日までの日数99 daysJVC 配当は確実ですか？JVC 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/24 10:44終値2026/08/21 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋JVCKENWOOD Corporation 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Yuji FujimoriBarclaysEiichi KatayamaBofA Global ResearchKota EzawaCitigroup Inc11 その他のアナリストを表示
Reported Earnings • Aug 04First quarter 2027 earnings released: EPS: JP¥7.00 (vs JP¥23.38 in 1Q 2026)First quarter 2027 results: EPS: JP¥7.00 (down from JP¥23.38 in 1Q 2026). Revenue: JP¥88.8b (up 11% from 1Q 2026). Net income: JP¥989.0m (down 71% from 1Q 2026). Profit margin: 1.1% (down from 4.3% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jul 26Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 171%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 15% 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.
お知らせ • Jun 24JVCKENWOOD Corporation Announces Board Appointments, Effective June 24, 2026JVCKENWOOD Corporation at the 18th Ordinary General Meeting of Shareholders held on June 24, 2026 approved appointment of ORII Masako as External Director of the Board and HIRAKO Yuji was appointed Chairman of the Board, effective June 24, 2026.
お知らせ • May 30JVCKENWOOD Corporation to Report Q1, 2027 Results on Aug 03, 2026JVCKENWOOD Corporation announced that they will report Q1, 2027 results on Aug 03, 2026
お知らせ • May 01JVCKENWOOD Corporation, Annual General Meeting, Jun 24, 2026JVCKENWOOD Corporation, Annual General Meeting, Jun 24, 2026.
お知らせ • Feb 25JVCKENWOOD Corporation Announces Directorate Changes, Effective April 1, 2026JVCKENWOOD Corporation resolved at the Board of Directors held February 25, 2026 on the nomination of 7 candidates for Directors who are not Audit & Supervisory Committee members (the 4 Directors who are Audit & Supervisory Committee members are not up for election), whose appointment will be submitted at the 18th Ordinary General Meeting of Shareholders scheduled for late June of this year, and resolved on the new management structure effective April 1, 2026. Retiring directors. HAMASAKI Yuji, NOMURA Masao, HAYASHI Kazuyoshi, SONODA Yoshio .
Reported Earnings • Aug 04First quarter 2027 earnings released: EPS: JP¥7.00 (vs JP¥23.38 in 1Q 2026)First quarter 2027 results: EPS: JP¥7.00 (down from JP¥23.38 in 1Q 2026). Revenue: JP¥88.8b (up 11% from 1Q 2026). Net income: JP¥989.0m (down 71% from 1Q 2026). Profit margin: 1.1% (down from 4.3% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jul 26Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 171%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 15% 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.
お知らせ • Jun 24JVCKENWOOD Corporation Announces Board Appointments, Effective June 24, 2026JVCKENWOOD Corporation at the 18th Ordinary General Meeting of Shareholders held on June 24, 2026 approved appointment of ORII Masako as External Director of the Board and HIRAKO Yuji was appointed Chairman of the Board, effective June 24, 2026.
お知らせ • May 30JVCKENWOOD Corporation to Report Q1, 2027 Results on Aug 03, 2026JVCKENWOOD Corporation announced that they will report Q1, 2027 results on Aug 03, 2026
お知らせ • May 01JVCKENWOOD Corporation, Annual General Meeting, Jun 24, 2026JVCKENWOOD Corporation, Annual General Meeting, Jun 24, 2026.
お知らせ • Feb 25JVCKENWOOD Corporation Announces Directorate Changes, Effective April 1, 2026JVCKENWOOD Corporation resolved at the Board of Directors held February 25, 2026 on the nomination of 7 candidates for Directors who are not Audit & Supervisory Committee members (the 4 Directors who are Audit & Supervisory Committee members are not up for election), whose appointment will be submitted at the 18th Ordinary General Meeting of Shareholders scheduled for late June of this year, and resolved on the new management structure effective April 1, 2026. Retiring directors. HAMASAKI Yuji, NOMURA Masao, HAYASHI Kazuyoshi, SONODA Yoshio .
お知らせ • Feb 03JVCKENWOOD Corporation (TSE:6632) announces an Equity Buyback for 3,000,000 shares, representing 2.09% for ¥3,000 million.JVCKENWOOD Corporation (TSE:6632) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.08% of its issued share capital, for ¥3,000 million. The purpose of the buyback is to improve the ratio of profit attributable to owners of the parent (ROE) and earnings per share (EPS), as well as to mitigate the short-term impact on demand and supply for the company’s shares due to the issuance of Zero Coupon Convertible Bonds due 2030. The program will expire on April 30, 2026. As of December 31, 2025, the company had 143,767,937 shares outstanding (excluding treasury shares) and had 19,488,432 shares in treasury.
お知らせ • Nov 29JVCKENWOOD Corporation to Report Q3, 2026 Results on Feb 03, 2026JVCKENWOOD Corporation announced that they will report Q3, 2026 results on Feb 03, 2026
お知らせ • Nov 13JVCKENWOOD Corporation (TSE:6632) announces an Equity Buyback for 5,000,000 shares, representing 3.39% for ¥5,000 million.JVCKENWOOD Corporation (TSE:6632) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 3.39% of its issued share capital, for ¥5,000 million. The purpose of the buyback is to improve the ratio of profit attributable to owners of the parent (ROE) and earnings per share (EPS), as well as to mitigate the short-term impact on demand and supply for the company’s shares due to the issuance of Zero Coupon Convertible Bonds due 2030. The program will expire on December 23, 2025. As of September 30, 2025, the company had 147,281,876 shares outstanding (excluding treasury shares) and had 16,718,325 shares in treasury.
お知らせ • Oct 10JVCKENWOOD Corporation (TSE:6632) entered into a share transfer agreement to acquire ESChat from Josh Lober and five other individual shareholders.JVCKENWOOD Corporation (TSE:6632) entered into a share transfer agreement to acquire ESChat from Josh Lober and five other individual shareholders on October 8, 2025. For the period ending December 31, 2024, ESChat reported total revenue of $1.13 billion and EBIT of $172 million. As of December 31, 2024, ESChat reported total assets of $430 million and total common equity of $451 million. The expected completion of the transaction is by the end of March 2026.
お知らせ • Sep 01JVCKENWOOD Corporation to Report Q2, 2026 Results on Oct 31, 2025JVCKENWOOD Corporation announced that they will report Q2, 2026 results on Oct 31, 2025
お知らせ • May 31JVCKENWOOD Corporation to Report Q1, 2026 Results on Aug 01, 2025JVCKENWOOD Corporation announced that they will report Q1, 2026 results on Aug 01, 2025
お知らせ • May 01+ 1 more updateJVCKENWOOD Corporation, Annual General Meeting, Jun 25, 2025JVCKENWOOD Corporation, Annual General Meeting, Jun 25, 2025.
お知らせ • Mar 01JVCKENWOOD Corporation to Report Fiscal Year 2025 Results on May 01, 2025JVCKENWOOD Corporation announced that they will report fiscal year 2025 results on May 01, 2025
Buy Or Sell Opportunity • Jan 11Now 22% undervaluedOver the last 90 days, the stock has risen 34% to €10.31. The fair value is estimated to be €13.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 0.8% per annum. Earnings are also forecast to grow by 3.5% per annum over the same time period.
New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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.
Board Change • Dec 30Less than half of directors are independentFollowing 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. 6 non-independent directors. Independent External Director Satoshi Hirano was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 26JVCKENWOOD Corporation to Report Q3, 2025 Results on Feb 03, 2025JVCKENWOOD Corporation announced that they will report Q3, 2025 results on Feb 03, 2025
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €8.76, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total returns to shareholders of 610% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.77 per share.
Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥37.06 (vs JP¥21.19 in 2Q 2024)Second quarter 2025 results: EPS: JP¥37.06 (up from JP¥21.19 in 2Q 2024). Revenue: JP¥88.8b (flat on 2Q 2024). Net income: JP¥5.59b (up 71% from 2Q 2024). Profit margin: 6.3% (up from 3.7% in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 31JVCKENWOOD Corporation Announces Dividend for the Interim Period of the Fiscal Year Ending March 2025, Payable on December 9, 2024JVCKENWOOD Corporation announced an dividend of JPY 5.00 per share for the interim period of the fiscal year ending March 2025 against JPY 0.00 per share paid a year ago. Record date is September 30, 2024. Effective date is December 9, 2024.
お知らせ • Sep 02JVCKENWOOD Corporation to Report Q2, 2025 Results on Oct 31, 2024JVCKENWOOD Corporation announced that they will report Q2, 2025 results on Oct 31, 2024
Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥36.49 (vs JP¥21.84 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.49 (up from JP¥21.84 in 1Q 2024). Revenue: JP¥87.8b (up 2.5% from 1Q 2024). Net income: JP¥5.50b (up 58% from 1Q 2024). Profit margin: 6.3% (up from 4.1% in 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 04Now 40% overvalued after recent price riseOver the last 90 days, the stock has risen 30% to €6.13. The fair value is estimated to be €4.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to decline by 0.8% in 2 years. Earnings are forecast to decline by 6.1% in the next 2 years.
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €6.13, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Consumer Durables industry in Europe. Total returns to shareholders of 299% over the past three years.
New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% 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.
Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥84.34 (vs JP¥99.27 in FY 2023)Full year 2024 results: EPS: JP¥84.34 (down from JP¥99.27 in FY 2023). Revenue: JP¥359.5b (up 6.7% from FY 2023). Net income: JP¥13.0b (down 20% from FY 2023). Profit margin: 3.6% (down from 4.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 44% per year.
お知らせ • Jun 21JVCKENWOOD Corporation Announces New Management Structure ChangesJVCKENWOOD Corporation has finalized its new management structure following the election of directors and audit & supervisory board members at the 16th Ordinary General Meeting of Shareholders. Effective June 21, 2024, newly appointed figures include HAYASHI Kazuyoshi, joining as a director of the board, and KURIHARA Naokazu, who assumes a role as an audit & supervisory board member. External appointments feature HIRANO Satoshi, newly elected as a director of the board, alongside EBINUMA Ryuichi and KOBASHIKAWA Yasuko, who join as external audit & supervisory board members. This strategic reshuffle underscores JVCKENWOOD's commitment to integrating fresh perspectives into its governance framework while maintaining operational continuity under existing executive officers.
お知らせ • Jun 02JVCKENWOOD Corporation to Report Q1, 2025 Results on Aug 01, 2024JVCKENWOOD Corporation announced that they will report Q1, 2025 results on Aug 01, 2024
お知らせ • May 17JVCKENWOOD Corporation Announces Dividend for the Fiscal Year Ended March 31, 2024JVCKENWOOD Corporation resolved at its Board of Directors held on May 15, 2024 to distribute a dividend of surplus. The record date thereof is March 31, 2024. Dividend per share: JPY 12.00. Total amount of dividend: JPY 1,827 million. Effective date: May 28, 2024.
Reported Earnings • May 01Full year 2024 earnings released: EPS: JP¥84.34 (vs JP¥99.27 in FY 2023)Full year 2024 results: EPS: JP¥84.34 (down from JP¥99.27 in FY 2023). Revenue: JP¥359.5b (up 6.7% from FY 2023). Net income: JP¥13.0b (down 20% from FY 2023). Profit margin: 3.6% (down from 4.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 28JVCKENWOOD Corporation, Annual General Meeting, Jun 21, 2024JVCKENWOOD Corporation, Annual General Meeting, Jun 21, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 9.5% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.4%).
お知らせ • Mar 02JVCKENWOOD Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024JVCKENWOOD Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €5.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total returns to shareholders of 216% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.86 per share.
New Risk • Feb 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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 Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.3% net profit margin).
Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: JP¥27.30 (vs JP¥72.39 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.30 (down from JP¥72.39 in 3Q 2023). Revenue: JP¥92.6b (up 3.5% from 3Q 2023). Net income: JP¥4.17b (down 65% from 3Q 2023). Profit margin: 4.5% (down from 13% in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 01+ 1 more updateJVCKENWOOD Corporation Provides Earnings Guidance for the Year Ending March 31, 2024JVCKENWOOD Corporation provided earnings guidance for the year ending March 31, 2024. For the year, company expected sales of JPY 355,000 million, operating profit of JPY 16,500 million, profit attributable to owners of parent of JPY 10,500 million and basic earnings per share of JPY 67.97.
New Risk • Dec 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% 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 Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results.
お知らせ • Nov 27JVCKENWOOD Corporation to Report Q3, 2024 Results on Feb 01, 2024JVCKENWOOD Corporation announced that they will report Q3, 2024 results on Feb 01, 2024
Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.66, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total returns to shareholders of 314% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.22 per share.
お知らせ • Nov 02JVCKENWOOD Corporation (TSE:6632) announces an Equity Buyback for 4,500,000 shares, representing 2.89% for ¥2,500 million.JVCKENWOOD Corporation (TSE:6632) announces a share repurchase program. Under the program, the company will repurchase up to 4,500,000 shares, representing 2.90% of its total shares outstanding (excluding treasury shares), for a total of ¥2.500 million. The purpose of repurchase program is to increase the flexibility of capital utilization, to improve shareholder returns and capital efficiency and return on equity of the parent company, increase earnings per share. The repurchase program is valid till December 29, 2023. As of September 30, 2023, the company had 155,567,697 shares outstanding (excluding treasury shares) and had 8,432,504 shares in treasury.
お知らせ • Aug 27JVCKENWOOD Corporation to Report Q2, 2024 Results on Oct 31, 2023JVCKENWOOD Corporation announced that they will report Q2, 2024 results on Oct 31, 2023
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €4.02, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total returns to shareholders of 269% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.85 per share.
Reported Earnings • Aug 02First quarter 2024 earnings released: EPS: JP¥21.84 (vs JP¥1.51 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥21.84 (up from JP¥1.51 loss in 1Q 2023). Revenue: JP¥85.6b (up 19% from 1Q 2023). Net income: JP¥3.48b (up JP¥3.72b from 1Q 2023). Profit margin: 4.1% (up from net loss in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 02+ 1 more updateJVCKENWOOD Corporation Announces Consolidated Earnings Guidance for the Period Ending March 2024JVCKENWOOD Corporation announced consolidated earnings guidance for the period ending March 2024. For the fiscal year, the company expects revenue of JPY 350,000 million, operating profit of JPY 13,400 million, profit attributable to owners of parent of JPY 8,000 million. Basic earnings per share to be 51.14.
New Risk • Jul 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 41% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.
お知らせ • Jun 24JVCKENWOOD Corporation to Report Q1, 2024 Results on Aug 01, 2023JVCKENWOOD Corporation announced that they will report Q1, 2024 results on Aug 01, 2023
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €3.04, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total returns to shareholders of 129% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.06 per share.
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥99.27 (vs JP¥35.89 in FY 2022)Full year 2023 results: EPS: JP¥99.27 (up from JP¥35.89 in FY 2022). Revenue: JP¥336.9b (up 19% from FY 2022). Net income: JP¥16.2b (up 176% from FY 2022). Profit margin: 4.8% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 4.5%. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 4.7% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.1%).
Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥72.40 (vs JP¥4.65 in 3Q 2022)Third quarter 2023 results: EPS: JP¥72.40 (up from JP¥4.65 in 3Q 2022). Revenue: JP¥89.4b (up 27% from 3Q 2022). Net income: JP¥11.8b (up JP¥11.1b from 3Q 2022). Profit margin: 13% (up from 1.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. 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 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 27JVCKENWOOD Corporation to Report Q3, 2023 Results on Feb 01, 2023JVCKENWOOD Corporation announced that they will report Q3, 2023 results on Feb 01, 2023
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director of the Board Hiromi Onitsuka-Baur was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improved over the past weekAfter last week's 48% share price gain to €2.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Consumer Durables industry in Germany. Total returns to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.92 per share.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥24.00 (vs JP¥10.54 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥24.00 (up from JP¥10.54 loss in 2Q 2022). Revenue: JP¥86.1b (up 44% from 2Q 2022). Net income: JP¥3.92b (up JP¥5.65b from 2Q 2022). Profit margin: 4.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.5% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Aug 28JVCKENWOOD Corporation to Report Q2, 2023 Results on Oct 31, 2022JVCKENWOOD Corporation announced that they will report Q2, 2023 results on Oct 31, 2022
Reported Earnings • Jul 31First quarter 2023 earnings released: JP¥1.51 loss per share (vs JP¥8.97 profit in 1Q 2022)First quarter 2023 results: JP¥1.51 loss per share (down from JP¥8.97 profit in 1Q 2022). Revenue: JP¥72.0b (up 12% from 1Q 2022). Net loss: JP¥246.0m (down 117% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 3.4%, compared to a 3.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • May 29JVCKENWOOD Corporation to Report Q1, 2023 Results on Jul 29, 2022JVCKENWOOD Corporation announced that they will report Q1, 2023 results on Jul 29, 2022
Reported Earnings • Apr 29Full year 2022 earnings released: EPS: JP¥35.89 (vs JP¥13.14 in FY 2021)Full year 2022 results: EPS: JP¥35.89 (up from JP¥13.14 in FY 2021). Revenue: JP¥282.1b (up 3.1% from FY 2021). Net income: JP¥5.87b (up 173% from FY 2021). Profit margin: 2.1% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.4%, compared to a 8.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). President, CEO & Representative Director Scott Eguchi is the most experienced director on the board, commencing their role in 2014. Independent External Director of the Board Hiromi Onitsuka-Baur was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 08JVCKENWOOD Corporation to Report Fiscal Year 2022 Results on Apr 27, 2022JVCKENWOOD Corporation announced that they will report fiscal year 2022 results on Apr 27, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥4.64 (down from JP¥29.22 in 3Q 2021). Revenue: JP¥70.2b (down 9.1% from 3Q 2021). Net income: JP¥759.0m (down 84% from 3Q 2021). Profit margin: 1.1% (down from 6.2% in 3Q 2021). Revenue missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 6.5%, compared to a 7.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Oct 30Second quarter 2022 earnings released: JP¥10.55 loss per share (vs JP¥4.32 loss in 2Q 2021)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2022 results: Revenue: JP¥59.9b (down 10.0% from 2Q 2021). Net loss: JP¥1.73b (loss widened 144% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year.
Reported Earnings • Jul 31First quarter 2022 earnings released: EPS JP¥8.97 (vs JP¥21.86 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥64.5b (up 26% from 1Q 2021). Net income: JP¥1.47b (up JP¥5.05b from 1Q 2021). Profit margin: 2.3% (up from net loss in 1Q 2021). 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 9% per year, which means it has not declined as severely as earnings.
お知らせ • May 08Codan Communications completed the acquisition of Zetron, Inc. from JVCKENWOOD Corporation (TSE:6632).Codan Communications entered into an agreement to acquire Zetron, Inc. from JVCKENWOOD Corporation (TSE:6632) for $45 million on March 31, 2021. The acquisition is on a cash free, debt free basis. Codan will merge its Critical Communications and Zetron businesses to create a single mission critical communications company trading under the stronger Zetron brand. The transaction will be funded through a combination of existing cash and a recently approved banking facility of AUD100 million ($76.1 million). The transaction is subject to obtaining change of control consents and other conditions precedent standard for transactions of this nature. The transaction is subject to final approval by the respective boards of Codan and JVCKENWOOD. The transaction is expected to be completed by end of April 30, 2021. Zetron is expected to contribute approximately AUD 67 million ($50.9 million) of sales and AUD 8 million ($6.1 million) in EBITDA under Codan’s ownership in financial year 2022 and therefore it will be earnings-per-share accretive. Robert L. Meyers and Christopher Hale of Sidley Austin LLP acted as legal advisor to Codan. Codan Communications completed the acquisition of Zetron, Inc. from JVCKENWOOD Corporation (TSE:6632) on May 7, 2021. Zetron will now be integrated with the North American-based critical communications division of Codan Communications, a Codan Limited portfolio company. The newly merged business will operate under the name "Zetron, a Codan Company" and continue to develop and market the current respective solutions of both businesses. The new Zetron has more than 300 global employees, doing business in over 150 countries on all seven continents of the world. The company will be headquartered in Redmond, Washington (USA), with additional operations in Victoria, BC (CAN), Brisbane, QLD (AUS), and regional sales offices located within the Americas, EMEA and APAC regions. All transaction requirements have been subsequently satisfied.
Reported Earnings • Apr 29Full year 2021 earnings released: EPS JP¥13.14 (vs JP¥5.82 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥273.6b (down 6.1% from FY 2020). Net income: JP¥2.15b (up 126% from FY 2020). Profit margin: 0.8% (up from 0.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 05 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (2.2%).
Is New 90 Day High Low • Mar 05New 90-day high: €1.73The company is up 44% from its price of €1.20 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.30 per share.
お知らせ • Mar 04JVCKENWOOD Corporation to Report Q4, 2021 Results on Apr 27, 2021JVCKENWOOD Corporation announced that they will report Q4, 2021 results on Apr 27, 2021
Is New 90 Day High Low • Feb 02New 90-day high: €1.55The company is up 29% from its price of €1.20 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.07 per share.
Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥29.21 (vs JP¥3.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥77.2b (up 6.2% from 3Q 2020). Net income: JP¥4.79b (up JP¥4.27b from 3Q 2020). Profit margin: 6.2% (up from 0.7% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 79% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 02Revenue beats expectationsRevenue exceeded analyst estimates by 12%. Over the next year, revenue is forecast to grow 2.1%, compared to a 7.1% growth forecast for the Consumer Durables industry in Germany.
Is New 90 Day High Low • Jan 16New 90-day high: €1.38The company is up 24% from its price of €1.11 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.10 per share.
Is New 90 Day High Low • Dec 22New 90-day high: €1.36The company is up 11% from its price of €1.22 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.09 per share.
お知らせ • Nov 29JVCKENWOOD Corporation to Report Q3, 2021 Results on Jan 29, 2021JVCKENWOOD Corporation announced that they will report Q3, 2021 results on Jan 29, 2021
Reported Earnings • Nov 15Second quarter 2021 earnings released: JP¥4.32 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥66.6b (down 9.0% from 2Q 2020). Net loss: JP¥708.0m (down 321% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 15Revenue beats expectationsRevenue exceeded analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 1.7%, compared to a 4.6% growth forecast for the Consumer Durables industry in Germany.
Reported Earnings • Nov 10Second quarter 2021 earnings released: JP¥13.09 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥58.8b (down 20% from 2Q 2020). Net loss: JP¥2.15b (down JP¥2.47b from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 10Revenue beats expectationsRevenue exceeded analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 1.7%, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany.
Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total losses of JP¥4.54b, with earnings decreasing by JP¥7.81b from the prior year. Total revenue was JP¥262.3b over the last 12 months, down 14% from the prior year.
Analyst Estimate Surprise Post Earnings • Nov 01Semi-annual earnings released: Revenue beats expectationsSemi-annual revenue exceeded analyst estimates by 5.7% at JP¥117.7b. Revenue is forecast to grow 1.7% over the next year, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany.
お知らせ • Sep 04JVCKENWOOD Corporation to Report Q2, 2021 Results on Oct 30, 2020JVCKENWOOD Corporation announced that they will report Q2, 2021 results on Oct 30, 2020
