View Future GrowthResonac Holdings 過去の業績過去 基準チェック /36Resonac Holdingsは、平均年間48.5%の収益成長を遂げていますが、 Chemicals業界の収益は、年間 減少しています。収益は、平均年間4.4% 0.3%収益成長率で 成長しています。 Resonac Holdingsの自己資本利益率は5.2%であり、純利益率は2.7%です。主要情報48.54%収益成長率51.01%EPS成長率Chemicals 業界の成長12.41%収益成長率0.32%株主資本利益率5.18%ネット・マージン2.67%次回の業績アップデート06 Aug 2026最近の業績更新お知らせ • May 14Resonac Holdings Corporation to Report Fiscal Year 2026 Results on Feb 15, 2027Resonac Holdings Corporation announced that they will report fiscal year 2026 results at 6:30 AM, Coordinated Universal Time on Feb 15, 2027お知らせ • Apr 07+ 1 more updateResonac Holdings Corporation to Report Q2, 2026 Results on Aug 06, 2026Resonac Holdings Corporation announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 06, 2026お知らせ • Feb 18Resonac Holdings Corporation to Report Q1, 2026 Results on May 13, 2026Resonac Holdings Corporation announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 13, 2026お知らせ • Nov 15Resonac Holdings Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026Resonac Holdings Corporation announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on Feb 13, 2026お知らせ • Mar 17Resonac Holdings Corporation to Report Q3, 2025 Results on Nov 13, 2025Resonac Holdings Corporation announced that they will report Q3, 2025 results on Nov 13, 2025お知らせ • Feb 14Resonac Holdings Corporation to Report Q2, 2025 Results on Aug 07, 2025Resonac Holdings Corporation announced that they will report Q2, 2025 results on Aug 07, 2025すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • 23hInvestor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €64.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 361% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €73.21 per share.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €82.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 490% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €80.07 per share.Buy Or Sell Opportunity • Jul 01Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 77% to €100.00. The fair value is estimated to be €80.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.Buy Or Sell Opportunity • Jun 16Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 74% to €100.00. The fair value is estimated to be €78.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €80.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Chemicals industry in Germany. Total returns to shareholders of 468% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €74.06 per share.New Risk • May 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (13% average weekly change).Board Change • May 20Less than half of directors are independentFollowing 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 Izumi Sakakibara 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.お知らせ • May 14Resonac Holdings Corporation to Report Fiscal Year 2026 Results on Feb 15, 2027Resonac Holdings Corporation announced that they will report fiscal year 2026 results at 6:30 AM, Coordinated Universal Time on Feb 15, 2027お知らせ • Apr 07+ 1 more updateResonac Holdings Corporation to Report Q2, 2026 Results on Aug 06, 2026Resonac Holdings Corporation announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 06, 2026お知らせ • Feb 18Resonac Holdings Corporation to Report Q1, 2026 Results on May 13, 2026Resonac Holdings Corporation announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 13, 2026お知らせ • Feb 13+ 2 more updatesResonac Holdings Corporation, Annual General Meeting, Mar 26, 2026Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2026.お知らせ • Nov 15Resonac Holdings Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026Resonac Holdings Corporation announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on Feb 13, 2026お知らせ • Jul 02RCapital Partners LLP acquired F2 Chemicals Ltd from Resonac Holdings Corporation (TSE:4004).RCapital Partners LLP acquired F2 Chemicals Ltd from Resonac Holdings Corporation (TSE:4004) on June 30, 2025. RCapital Partners LLP completed the acquisition of F2 Chemicals Ltd from Resonac Holdings Corporation (TSE:4004) on June 30, 2025.お知らせ • Mar 17Resonac Holdings Corporation to Report Q3, 2025 Results on Nov 13, 2025Resonac Holdings Corporation announced that they will report Q3, 2025 results on Nov 13, 2025お知らせ • Feb 18+ 1 more updateResonac Holdings Corporation Announces Dividend for the Year Ended December 31, 2024; Provides Dividend Guidance for the Year Ending December 31, 2025Resonac Holdings Corporation announced dividend for the year ended December 31, 2024. For the year, company announced dividend of JPY 65.00 per share against JPY 65.00 per share a year ago. For the year ending December 31, 2025, the company expects to pay a dividend of JPY 65.00 per share compared to JPY 65.00 per share a year ago.お知らせ • Feb 14Resonac Holdings Corporation to Report Q2, 2025 Results on Aug 07, 2025Resonac Holdings Corporation announced that they will report Q2, 2025 results on Aug 07, 2025お知らせ • Feb 13Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2025Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2025.Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: JP¥68.21 (vs JP¥74.25 in 3Q 2023)Third quarter 2024 results: EPS: JP¥68.21 (down from JP¥74.25 in 3Q 2023). Revenue: JP¥359.0b (up 10% from 3Q 2023). Net income: JP¥12.3b (down 8.4% from 3Q 2023). Profit margin: 3.4% (down from 4.1% in 3Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 13Resonac Holdings Corporation to Report Q1, 2025 Results on May 15, 2025Resonac Holdings Corporation announced that they will report Q1, 2025 results on May 15, 2025お知らせ • Sep 20Resonac Corporation Develops Temporary Bonding Film and New Debonding Process for Advanced Semiconductor PackagesResonac Corporation has developed a temporary bonding film to be used for supporting a wafer on a glass carrier temporarily in the semiconductor device fabrication process (front-end process) and semiconductor packaging process (back-end process), as well as its debonding process. This debonding process uses xenon (Xe) flash light irradiation to debond the wafer or package from the carrier and can be applied from wafer level to panel level processing. It also should be noted that Debonding is completed in a shorter time as compared to the conventional laser ablation method without producing foreign substances such as soot. This technology has been patented in Japan, the United States, Korea, China, and Taiwan region. Easy removal of temporary bonding film by peeling off. Therefore, the performance of the temporary bonding material must be compatible with all fabrication processes, and the residual temporary bonding material must be easily removed. Additionally, debonding process must be completed in a short time without damaging them to achieve high yield and productivity. Furthermore, even the back-end process is now required to be as clean as the front-end process. Therefore, the soot which is generated by the conventional laser ablation debonding method has not been preferable. Resonac's temporary debonding film with high heat resistance and chemical resistance exhibits sufficient adhesion performance when wafers and packages are temporarily supported on the carrier. Once they are debonded from the carrier, the film can be removed easily by peeling at room temperature without any residues. The process for debonded the wafer from the carrier adopts Xe flash light irradiation, which allows for large-area batch irradiation and instantaneous high energy output. Instant deformation induced by locally heating a metal layer on the glass carrier with Xe flash light irradiation enables quick debonded of wafers and packages without applying heat or mechanical stress. In addition, as the debonding mechanism is not related to resin decision, this method has the advantage of being a clean process that does not generate any foreign substances, such as soot generated during laser ablation. Resonac believes that this temporary bonding film and new debonding method are suitable for the fabrication process for memory, logic, and power semiconductors as well as advanced semiconductor packages.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: JP¥63.00 (vs JP¥41.71 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥63.00 (up from JP¥41.71 loss in 2Q 2023). Revenue: JP¥347.2b (up 9.4% from 2Q 2023). Net income: JP¥11.4b (up JP¥18.9b from 2Q 2023). Profit margin: 3.3% (up from net loss in 2Q 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Aug 09Resonac Holdings Corporation to Report Fiscal Year 2024 Results on Feb 13, 2025Resonac Holdings Corporation announced that they will report fiscal year 2024 results on Feb 13, 2025Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €16.30, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 24% over the past three years.New Risk • Jun 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 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks 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 (7.1% average weekly change). Large one-off items impacting financial results.お知らせ • May 17+ 1 more updateResonac Holdings Corporation to Report Q2, 2024 Results on Aug 08, 2024Resonac Holdings Corporation announced that they will report Q2, 2024 results at 3:00 PM, Tokyo Standard Time on Aug 08, 2024Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥150 (vs JP¥67.71 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥150 (up from JP¥67.71 loss in 1Q 2023). Revenue: JP¥321.4b (up 7.5% from 1Q 2023). Net income: JP¥27.1b (up JP¥39.3b from 1Q 2023). Profit margin: 8.4% (up from net loss in 1Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • May 16Resonac Holdings Corporation Provides Earnings Guidance for the First Half and Fiscal Year Ending December 31, 2024Resonac Holdings Corporation provided earnings guidance for the first half and fiscal year ending December 31, 2024. For the first half, the company expected net sales to be JPY 670,000 million, Operating income to be JPY 14,000 million.For the year, the company expected net sales to be JPY 1,360,000 million, Operating income to be JPY 47,000 million, Net income attributable to owners of the parent of JPY 25,000 million, and Net income attributable to owners of the parent per share: Basic of JPY 138.34.Reported Earnings • Mar 30Full year 2023 earnings released: JP¥105 loss per share (vs JP¥170 profit in FY 2022)Full year 2023 results: JP¥105 loss per share (down from JP¥170 profit in FY 2022). Revenue: JP¥1.29t (down 7.5% from FY 2022). Net loss: JP¥19.0b (down 162% from profit in FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Feb 16Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2024Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2024.Reported Earnings • Feb 16Full year 2023 earnings released: JP¥105 loss per share (vs JP¥170 profit in FY 2022)Full year 2023 results: JP¥105 loss per share (down from JP¥170 profit in FY 2022). Revenue: JP¥1.29t (down 7.5% from FY 2022). Net loss: JP¥19.0b (down 162% from profit in FY 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Feb 15Resonac Holdings Corporation to Report Q1, 2024 Results on May 15, 2024Resonac Holdings Corporation announced that they will report Q1, 2024 results at 3:00 PM, Tokyo Standard Time on May 15, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥65.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).お知らせ • Dec 05Resonac Holdings Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024Resonac Holdings Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024お知らせ • Nov 21Resonac Holdings Corporation Announces Board ResignationsResonac Holdings Corporation decided at its board of directors meeting November 21, 2023 on changes in corporate management (directors and audit & supervisory board members): Kohei Morikawa (Representative Director; Chairman of the Board) will resign as Representative Director. Keiichi Kamiguchi (Board Director; Managing Corporate Officer; Chief Risk Management Officer (CRO)) will resign as Board Director at the General Meeting of Shareholders in late March 2024. Kiyoshi Nishioka (Outside Board Director) will resign as Outside Board Director at the General Meeting of Shareholders in late March 2024. Jun Tanaka (Audit & Supervisory Board Member) will resign as Audit & Supervisory Board Member at the General Meeting of Shareholders in late March 2024. Kiyomi Saito (Outside Member of Audit & Supervisory Board) will resign as Outside Member of Audit & Supervisory Board at the General Meeting of Shareholders in late March 2024.お知らせ • Nov 11+ 1 more updateResonac Holdings Corporation Provides Dividend Guidance for the Year-End 2023Resonac Holdings Corporation provided dividend guidance for the year-end 2023. For the period, company expects dividend of JPY 65.00 per share.Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: JP¥74.25 (vs JP¥20.56 in 3Q 2022)Third quarter 2023 results: EPS: JP¥74.25 (up from JP¥20.56 in 3Q 2022). Revenue: JP¥326.2b (down 14% from 3Q 2022). Net income: JP¥13.5b (up 261% from 3Q 2022). Profit margin: 4.1% (up from 1.0% in 3Q 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Aug 27Resonac Holdings Corporation to Report Q3, 2023 Results on Nov 09, 2023Resonac Holdings Corporation announced that they will report Q3, 2023 results on Nov 09, 2023Reported Earnings • Aug 09Second quarter 2023 earnings released: JP¥41.70 loss per share (vs JP¥129 profit in 2Q 2022)Second quarter 2023 results: JP¥41.70 loss per share (down from JP¥129 profit in 2Q 2022). Revenue: JP¥317.2b (down 8.9% from 2Q 2022). Net loss: JP¥7.55b (down 132% from profit in 2Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Jun 01Resonac Holdings Corporation to Report Q2, 2023 Results on Aug 08, 2023Resonac Holdings Corporation announced that they will report Q2, 2023 results on Aug 08, 2023Reported Earnings • May 17First quarter 2023 earnings released: JP¥67.71 loss per share (vs JP¥46.58 profit in 1Q 2022)First quarter 2023 results: JP¥67.71 loss per share (down from JP¥46.58 profit in 1Q 2022). Revenue: JP¥298.9b (down 2.9% from 1Q 2022). Net loss: JP¥12.3b (down 245% from profit in 1Q 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • May 17+ 1 more updateShowa Denko K.K. Provides Dividend Guidance for the Year-End 2023Showa Denko K.K. provided dividend guidance for the year-end 2023. For the period, company expects dividend of JPY 65.00 per share.お知らせ • Feb 16Resonac Holdings Corporation, Annual General Meeting, Mar 30, 2023Resonac Holdings Corporation, Annual General Meeting, Mar 30, 2023.Reported Earnings • Feb 16Full year 2022 earnings released: EPS: JP¥170 (vs JP¥77.40 loss in FY 2021)Full year 2022 results: EPS: JP¥170 (up from JP¥77.40 loss in FY 2021). Revenue: JP¥1.39t (down 1.9% from FY 2021). Net income: JP¥30.8b (up JP¥42.9b from FY 2021). Profit margin: 2.2% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 22Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).お知らせ • Dec 09Showa Denko K.K. to Report Fiscal Year 2022 Results on Feb 14, 2023Showa Denko K.K. announced that they will report fiscal year 2022 results on Feb 14, 2023お知らせ • Dec 05Showa Denko K.K. Announces Management ChangesShowa Denko K.K. decided at its Board of Directors meeting held on December 5, 2022 on changes in corporate management (directors) as given below. Hisashi Maruyama (Director) and Hiroshi Sakai (Director, Managing Corporate Officer) will resign as directors of Resonac Holdings Corporation at the General Meeting of Shareholders in late March 2023. Masaharu Oshima (Outside Director) will resign as Outside Director of Resonac Holdings Corporation at the General Meeting of Shareholders in late March 2023. Meanwhile, Keiichi Kamiguchi (Managing Corporate Officer; Chief Risk Officer (CRO); and Chairman, Security Export Control Committee) will be elected as Director of Resonac Holdings Corporation at the General Meeting of Shareholders in late March 2023. Tetsuo Tsuneishi (Outside Director, Tokyo Electron Device Limited) will be elected as Outside Director of Resonac Holdings Corporation at the General Meeting of Shareholders in late March 2023. As of late March next year, the Board of Directors will consist of Kohei Morikawa (Representative Director; Chairman of the Board); Hidehito Takahashi (Representative Director; President and CEO); Keiichi Kamiguchi (Director; Managing Corporate Officer; CRO); Hideki Somemiya (Director; Managing Corporate Officer; CFO); Tomomitsu Maoka (Director; Managing Corporate Officer; CSO); Kiyoshi Nishioka, Kozo Isshiki, Noriko Morikawa, and Tetsuo Tsuneishi (Outside Directors). In addition, Toshiharu Kato and Jun Tanaka will continue serving as Audit & Supervisory Board Members, and Kiyomi Saito, Masako Yajima, and Yasuyuki Miyasaka will continue serving as Outside Members of the Audit & Supervisory Board.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥20.56 (vs JP¥20.23 in 3Q 2021)Third quarter 2022 results: EPS: JP¥20.56 (up from JP¥20.23 in 3Q 2021). Revenue: JP¥378.1b (up 5.5% from 3Q 2021). Net income: JP¥3.72b (up 21% from 3Q 2021). Profit margin: 1.0% (up from 0.9% in 3Q 2021). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.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: 4 independent directors. 6 non-independent directors. Independent Outside Director Noriko Morikawa was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 08Third quarter 2022 earnings released: EPS: JP¥43.91 (vs JP¥20.23 in 3Q 2021)Third quarter 2022 results: EPS: JP¥43.91 (up from JP¥20.23 in 3Q 2021). Revenue: JP¥378.1b (up 5.5% from 3Q 2021). Net income: JP¥7.95b (up 158% from 3Q 2021). Profit margin: 2.1% (up from 0.9% in 3Q 2021). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Nov 07+ 1 more updateShowa Denko K.K. Announces Dividend Guidance for 2022Showa Denko K.K. announced the dividend guidance for the year 2022 of JPY 65.00 per share.お知らせ • Sep 01Showa Denko K.K. to Report Q3, 2022 Results on Nov 07, 2022Showa Denko K.K. announced that they will report Q3, 2022 results on Nov 07, 2022Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: JP¥129 (vs JP¥128 loss in 2Q 2021)Second quarter 2022 results: EPS: JP¥129 (up from JP¥128 loss in 2Q 2021). Revenue: JP¥348.0b (down 1.6% from 2Q 2021). Net income: JP¥23.3b (up JP¥41.9b from 2Q 2021). Profit margin: 6.7% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 5.6%, compared to a 3.9% growth forecast for the industry in Germany. 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.お知らせ • Aug 05Showa Denko K.K. Provides Dividend Guidance for the Year-End 2022Showa Denko K.K. provided dividend guidance for the year-end 2022. For the period, company expects dividend of JPY 65.00 per share.お知らせ • Aug 04Showa Denko K.K. Revises Earnings Forecast for the January 1 to June 30, 2022 and for the January 1 to December 31, 2022Showa Denko K.K. revises earnings forecast for the January 1 to June 30, 2022 and for the January 1 to December 31, 2022 . For the January 1 - June 30, 2022, the company Revised forecast of Net sales of JPY 655,000 Million against Previous forecast of JPY 640,000 Million. Operating income of JPY 36,700 Million against Previous forecast of JPY 29,000 Million. Net income attributable to owners of the parent of JPY 31,000 Million against Previous forecast of JPY 6,000 Million. Net income attributable to owners of the parent per share of JPY 171.18 against Previous forecast of JPY 33.14. For the January 1 - June 30, 2022, the company Revised forecast of Net sales of JPY 1,500,000 Million against Previous forecast of JPY 1,350,000 Million. Operating income of JPY 84,000 Million against Previous forecast of JPY 84,000 Million. Net income attributable to owners of the parent of JPY 32,000 Million against Previous forecast of JPY 27,000 Million. Net income attributable to owners of the parent per share of JPY 176.69 against Previous forecast of JPY 149.11.お知らせ • Jun 05Showa Denko K.K. to Report Q2, 2022 Results on Aug 04, 2022Showa Denko K.K. announced that they will report Q2, 2022 results on Aug 04, 2022Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥46.58 (vs JP¥35.58 in 1Q 2021)First quarter 2022 results: EPS: JP¥46.58 (up from JP¥35.58 in 1Q 2021). Revenue: JP¥308.0b (down 9.3% from 1Q 2021). Net income: JP¥8.43b (up 63% from 1Q 2021). Profit margin: 2.7% (up from 1.5% in 1Q 2021). Over the next year, revenue is forecast to grow 3.6%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.お知らせ • May 12+ 1 more updateShowa Denko K.K. Provides Earnings Guidance for the First Half and Full Fiscal Year 2022Showa Denko K.K. provided earnings guidance for the first half and full fiscal year 2022. For the first half, Company expects Net sales to be JPY 640,000 million. Operating Income to be JPY 29,000 million. Net income attributable to owners of the parent is expected to be JPY 6,000 million. Basic net income attributable to owners of the parent per share is expected to be JPY 33.14. For the full year ending December 31, 2022, the company expects Net sales to be JPY 1,350,000 million. Operating income to be JPY 84,000 million. Net income attributable to owners of the parent is expected to be JPY 27,000 million. Basic net income attributable to owners of the parent per share is expected to be JPY 149.11.Board Change • Apr 27Less 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: 4 independent directors. 6 non-independent directors. Independent Outside Director Noriko Morikawa was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Board Change • Apr 20Less 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: 4 independent directors. 6 non-independent directors. Independent Outside Director Noriko Morikawa was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Feb 27Showa Denko K.K. to Report Q1, 2022 Results on May 11, 2022Showa Denko K.K. announced that they will report Q1, 2022 results on May 11, 2022Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: JP¥77.40 loss per share (up from JP¥523 loss in FY 2020). Revenue: JP¥1.42t (up 46% from FY 2020). Net loss: JP¥12.1b (loss narrowed 84% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 3.6% compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.お知らせ • Feb 15+ 2 more updatesShowa Denko K.K., Annual General Meeting, Mar 30, 2022Showa Denko K.K., Annual General Meeting, Mar 30, 2022.お知らせ • Feb 09Showa Denko Revises Earnings Guidance for the Full Year Ending December 31, 2021Showa Denko revised earnings guidance for the full year ending December 31, 2021. For the year, the company expects net sales of ¥1,420,000 million, operating income of ¥87,000 million, net loss attributable to owners of the parent of ¥12,000 million and net loss attributable to owners of the parent per share of ¥76.80 against previous guidance of net sales of ¥1,400,000 million, operating income of ¥85,000 million, net loss attributable to owners of the parent of ¥25,000 million and net loss attributable to owners of the parent per share of ¥171.37.Upcoming Dividend • Dec 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.8%).Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS JP¥20.23 (vs JP¥21.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥358.3b (up 16% from 3Q 2020). Net income: JP¥3.08b (up JP¥6.16b from 3Q 2020). Profit margin: 0.9% (up from net loss in 3Q 2020). 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.Reported Earnings • Aug 11Second quarter 2021 earnings released: JP¥127 loss per share (vs JP¥393 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: JP¥353.7b (up 128% from 2Q 2020). Net loss: JP¥18.6b (loss narrowed 68% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15First quarter 2021 earnings released: EPS JP¥35.58 (vs JP¥18.50 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: JP¥339.7b (up 98% from 1Q 2020). Net income: JP¥5.19b (up 92% from 1Q 2020). Profit margin: 1.5% (down from 1.6% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.お知らせ • May 14+ 1 more updateShowa Denko K.K. Provides Dividend Guidance for the Full Fiscal Year ending December 31, 2021Showa Denko K.K. provided dividend guidance of JPY 65.00 for the full fiscal year ending December 31, 2021 against JPY 65.00 paid a year ago.お知らせ • Mar 06SKT Holdings Ltd enter into basic agreement to acquire 28.9% stake in Shoko Co., Ltd. (TSE:8090) from Showa Denko K.K. (TSE:4004) for ¥ 2.5 billion.SKT Holdings Ltd enter into basic agreement to acquire 28.9% stake in Shoko Co., Ltd. (TSE:8090) from Showa Denko K.K. (TSE:4004) for ¥ 2.5 billion on March 4, 2021. Under the terms of agreement, Isigma will acquire 3.16 million shares of Shoko Co. at ¥ 796 per share. Tender offer will commence on March 5, 2021.when this tender offer is successful, SHOKO will no longer be a consolidated subsidiary of the Company.Reported Earnings • Feb 21Full year 2020 earnings released: JP¥523 loss per share (vs JP¥501 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: JP¥973.7b (up 7.4% from FY 2019). Net loss: JP¥76.3b (down 204% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.お知らせ • Feb 19Showa Denko K.K., Annual General Meeting, Mar 30, 2021Showa Denko K.K., Annual General Meeting, Mar 30, 2021.Is New 90 Day High Low • Feb 16New 90-day high: €20.60The company is up 32% from its price of €15.60 on 17 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals 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 €37.57 per share.お知らせ • Feb 13Showa Denko K.K. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2020Showa Denko K.K. revised consolidated earnings guidance for the year ending December 31, 2020. For the year, the company revised net sales guidance of JPY 973,500 million compared to previous guidance of JPY 960,000 million. Revised operating loss guidance of JPY 20,000 million compared to previous guidance of JPY 30,000 million. Revised net loss attributable to owners of the parent guidance of JPY 77,000 million compared to previous guidance of JPY 90,000 million. Revised net loss attributable to owners of the parent per share guidance of JPY 527.83 compared to previous guidance of JPY 616.94 per share.お知らせ • Feb 08Showa Denko K.K. (TSE:4004) acquired 50% stake in AMI Automation.Showa Denko K.K. (TSE:4004) acquired 50% stake in AMI Automation on February 8, 2021. Showa Denko has an option to acquire the remaining 50% of AMI within 5 years. Showa Denko K.K. (TSE:4004) completed the acquisition of 50% stake in AMI Automation on February 8, 2021.Is New 90 Day High Low • Jan 29New 90-day high: €19.30The company is up 36% from its price of €14.20 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.11 per share.Is New 90 Day High Low • Jan 13New 90-day high: €17.80The company is up 18% from its price of €15.10 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.32 per share.お知らせ • Jan 12Showa Denko K.K. to Report Fiscal Year 2020 Results on Feb 17, 2021Showa Denko K.K. announced that they will report fiscal year 2020 results on Feb 17, 2021Is New 90 Day High Low • Dec 10New 90-day high: €17.00The company is up 10.0% from its price of €15.50 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.80 per share.お知らせ • Nov 30Showa Denko K.K. Announces Management ChangesShowa Denko K.K. announced that Akihiro Jimbo (General Manager, Basic Chemicals Division) will also resign as Corporate Officer on January 3. He will become business adviser to Maruzen Showa Unyu Co. Ltd. effective January 4. Koichi Nishimura (Assistant to President for promotion of chemicals safety and environmental protection; officer in charge of Industrial Gases, Basic Chemicals, Electronic Chemicals, and Functional Chemicals divisions as well as Kawasaki, Higashinagahara, Isesaki and Tatsuno plants) will resign as Corporate Officer on January 3, 2021. He will assume the post of President, Union Showa K.K., on January 4.Analyst Estimate Surprise Post Earnings • Nov 17Revenue misses expectationsRevenue missed analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 48%, compared to a 3.6% growth forecast for the Chemicals industry in Germany.Reported Earnings • Nov 17Third quarter 2020 earnings released: JP¥21.11 loss per shareThe company reported a mediocre third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: JP¥309.4b (up 41% from 3Q 2019). Net loss: JP¥3.08b (down 120% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 30% 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.Reported Earnings • Nov 07Third quarter 2020 earnings released: JP¥21.11 loss per shareThe company reported a mediocre third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: JP¥309.4b (up 41% from 3Q 2019). Net loss: JP¥3.08b (down 120% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 07Revenue misses expectationsRevenue missed analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 48%, compared to a 2.9% growth forecast for the Chemicals industry in Germany.Is New 90 Day High Low • Oct 21New 90-day low: €14.60The company is down 22% from its price of €18.80 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.50 per share.Is New 90 Day High Low • Oct 01New 90-day low: €15.20The company is down 20% from its price of €19.00 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.61 per share.お知らせ • Sep 25+ 1 more updateShowa Denko k.k. completed the acquisition of the remaining 62.4% stake in Showa Highpolymer Co., Ltd.Showa Denko k.k. (TSE: 4004) agreed to acquire the remaining 62.4% stake in Showa Highpolymer Co., Ltd. for ¥1.5 billion in stock on May 16, 2006. Under the terms of the agreement, Showa Denko will issue 0.9 share for every share held in Showa Highpolymer. This calculation amounts to a total of 30,551,428 new shares to be issued by Showa Denko. The Showa Denko shares were valued at the May 15, 2006 closing stock price of JPY 492 per share. On August 28, 2006, the listing of Showa Highpolymer shares will be terminated. On September 1, 2006, the share exchange will take effect. The transaction is subject to approval by the Showa Highpolymer shareholders. Showa Denko appointed Mizuho Securities Co., Ltd. (Mizuho) and Showa Highpolymer appointed KPMG FAS for the calculation of exchange ratio. Mizuho Securities Co., Ltd. acted as financial advisor to Showa Denko k.k. KPMG FAS Co., Ltd. acted as financial advisor to Showa Highpolymer Co., Ltd. Showa Denko k.k. (TSE: 4004) completed the acquisition of the remaining 62.4% stake in Showa Highpolymer Co., Ltd. on September 1, 2006.お知らせ • Aug 29Showa Denko K.K. to Report Q3, 2020 Results on Nov 05, 2020Showa Denko K.K. announced that they will report Q3, 2020 results at 3:00 PM, Tokyo Standard Time on Nov 05, 2020収支内訳Resonac Holdings の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:SWD 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Mar 261,333,89535,560265,112031 Dec 251,347,12529,031217,70917,60830 Sep 251,346,233-3,388278,533030 Jun 251,364,98754,712188,09717,21231 Mar 251,388,16535,605257,317031 Dec 241,391,48073,503194,52017,21230 Sep 241,374,11138,182254,146030 Jun 241,341,29039,307221,807031 Mar 241,311,32420,371221,830031 Dec 231,288,869-18,955221,801030 Sep 231,300,776-11,025194,45926,07930 Jun 231,352,714-20,751196,87226,07931 Mar 231,383,54810,096194,06926,07931 Dec 221,392,62130,793191,57526,07930 Sep 221,402,09133,687187,80828,61930 Jun 221,382,31033,045187,78328,61931 Mar 221,387,948-8,851192,03728,61931 Dec 211,419,635-12,094194,56128,61930 Sep 211,389,419-28,980234,44318,15430 Jun 211,340,437-35,141229,86818,15431 Mar 211,141,645-73,812194,95118,15431 Dec 20973,700-76,304160,61718,15430 Sep 20846,856-65,529143,607030 Jun 20757,581-47,300115,004031 Mar 20843,46142,713114,681031 Dec 19906,45473,088114,499030 Sep 19962,77393,194110,866030 Jun 191,011,785119,184109,446031 Mar 191,012,169119,826108,952031 Dec 18992,136111,503107,130030 Sep 18941,512109,305108,155030 Jun 18864,03983,765105,392031 Mar 18811,88843,668101,445031 Dec 17780,38733,47099,791030 Sep 17750,56224,20494,903030 Jun 17724,68817,81191,288031 Mar 17698,35625,94687,068031 Dec 16671,15912,30584,111030 Sep 16670,2668,91281,920030 Jun 16700,1601,69784,408031 Mar 16739,8729,38586,358031 Dec 15775,73292188,299030 Sep 15819,0414,84090,5240質の高い収益: SWDは 高品質の収益 を持っています。利益率の向上: SWDの現在の純利益率 (2.7%)は、昨年(2.6%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SWD過去 5 年間で収益を上げており、収益は年間48.5%増加しています。成長の加速: SWDは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: SWDは過去 1 年間で収益成長率がマイナス ( -0.1% ) となったため、 Chemicals業界平均 ( -13.5% ) と比較することが困難です。株主資本利益率高いROE: SWDの 自己資本利益率 ( 5.2% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health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2026/07/28 22:07終値2026/07/28 00:00収益2026/03/31年間収益2025/12/31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Resonac Holdings Corporation 13 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。24 アナリスト機関Mikiya YamadaBarclaysTakashi EnomotoBofA Global ResearchAtsushi IkedaCitigroup Inc21 その他のアナリストを表示
お知らせ • May 14Resonac Holdings Corporation to Report Fiscal Year 2026 Results on Feb 15, 2027Resonac Holdings Corporation announced that they will report fiscal year 2026 results at 6:30 AM, Coordinated Universal Time on Feb 15, 2027
お知らせ • Apr 07+ 1 more updateResonac Holdings Corporation to Report Q2, 2026 Results on Aug 06, 2026Resonac Holdings Corporation announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 06, 2026
お知らせ • Feb 18Resonac Holdings Corporation to Report Q1, 2026 Results on May 13, 2026Resonac Holdings Corporation announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 13, 2026
お知らせ • Nov 15Resonac Holdings Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026Resonac Holdings Corporation announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on Feb 13, 2026
お知らせ • Mar 17Resonac Holdings Corporation to Report Q3, 2025 Results on Nov 13, 2025Resonac Holdings Corporation announced that they will report Q3, 2025 results on Nov 13, 2025
お知らせ • Feb 14Resonac Holdings Corporation to Report Q2, 2025 Results on Aug 07, 2025Resonac Holdings Corporation announced that they will report Q2, 2025 results on Aug 07, 2025
Valuation Update With 7 Day Price Move • 23hInvestor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €64.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 361% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €73.21 per share.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €82.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 490% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €80.07 per share.
Buy Or Sell Opportunity • Jul 01Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 77% to €100.00. The fair value is estimated to be €80.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.
Buy Or Sell Opportunity • Jun 16Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 74% to €100.00. The fair value is estimated to be €78.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €80.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Chemicals industry in Germany. Total returns to shareholders of 468% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €74.06 per share.
New Risk • May 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (13% average weekly change).
Board Change • May 20Less than half of directors are independentFollowing 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 Izumi Sakakibara 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.
お知らせ • May 14Resonac Holdings Corporation to Report Fiscal Year 2026 Results on Feb 15, 2027Resonac Holdings Corporation announced that they will report fiscal year 2026 results at 6:30 AM, Coordinated Universal Time on Feb 15, 2027
お知らせ • Apr 07+ 1 more updateResonac Holdings Corporation to Report Q2, 2026 Results on Aug 06, 2026Resonac Holdings Corporation announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 06, 2026
お知らせ • Feb 18Resonac Holdings Corporation to Report Q1, 2026 Results on May 13, 2026Resonac Holdings Corporation announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 13, 2026
お知らせ • Feb 13+ 2 more updatesResonac Holdings Corporation, Annual General Meeting, Mar 26, 2026Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2026.
お知らせ • Nov 15Resonac Holdings Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026Resonac Holdings Corporation announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on Feb 13, 2026
お知らせ • Jul 02RCapital Partners LLP acquired F2 Chemicals Ltd from Resonac Holdings Corporation (TSE:4004).RCapital Partners LLP acquired F2 Chemicals Ltd from Resonac Holdings Corporation (TSE:4004) on June 30, 2025. RCapital Partners LLP completed the acquisition of F2 Chemicals Ltd from Resonac Holdings Corporation (TSE:4004) on June 30, 2025.
お知らせ • Mar 17Resonac Holdings Corporation to Report Q3, 2025 Results on Nov 13, 2025Resonac Holdings Corporation announced that they will report Q3, 2025 results on Nov 13, 2025
お知らせ • Feb 18+ 1 more updateResonac Holdings Corporation Announces Dividend for the Year Ended December 31, 2024; Provides Dividend Guidance for the Year Ending December 31, 2025Resonac Holdings Corporation announced dividend for the year ended December 31, 2024. For the year, company announced dividend of JPY 65.00 per share against JPY 65.00 per share a year ago. For the year ending December 31, 2025, the company expects to pay a dividend of JPY 65.00 per share compared to JPY 65.00 per share a year ago.
お知らせ • Feb 14Resonac Holdings Corporation to Report Q2, 2025 Results on Aug 07, 2025Resonac Holdings Corporation announced that they will report Q2, 2025 results on Aug 07, 2025
お知らせ • Feb 13Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2025Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2025.
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: JP¥68.21 (vs JP¥74.25 in 3Q 2023)Third quarter 2024 results: EPS: JP¥68.21 (down from JP¥74.25 in 3Q 2023). Revenue: JP¥359.0b (up 10% from 3Q 2023). Net income: JP¥12.3b (down 8.4% from 3Q 2023). Profit margin: 3.4% (down from 4.1% in 3Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 13Resonac Holdings Corporation to Report Q1, 2025 Results on May 15, 2025Resonac Holdings Corporation announced that they will report Q1, 2025 results on May 15, 2025
お知らせ • Sep 20Resonac Corporation Develops Temporary Bonding Film and New Debonding Process for Advanced Semiconductor PackagesResonac Corporation has developed a temporary bonding film to be used for supporting a wafer on a glass carrier temporarily in the semiconductor device fabrication process (front-end process) and semiconductor packaging process (back-end process), as well as its debonding process. This debonding process uses xenon (Xe) flash light irradiation to debond the wafer or package from the carrier and can be applied from wafer level to panel level processing. It also should be noted that Debonding is completed in a shorter time as compared to the conventional laser ablation method without producing foreign substances such as soot. This technology has been patented in Japan, the United States, Korea, China, and Taiwan region. Easy removal of temporary bonding film by peeling off. Therefore, the performance of the temporary bonding material must be compatible with all fabrication processes, and the residual temporary bonding material must be easily removed. Additionally, debonding process must be completed in a short time without damaging them to achieve high yield and productivity. Furthermore, even the back-end process is now required to be as clean as the front-end process. Therefore, the soot which is generated by the conventional laser ablation debonding method has not been preferable. Resonac's temporary debonding film with high heat resistance and chemical resistance exhibits sufficient adhesion performance when wafers and packages are temporarily supported on the carrier. Once they are debonded from the carrier, the film can be removed easily by peeling at room temperature without any residues. The process for debonded the wafer from the carrier adopts Xe flash light irradiation, which allows for large-area batch irradiation and instantaneous high energy output. Instant deformation induced by locally heating a metal layer on the glass carrier with Xe flash light irradiation enables quick debonded of wafers and packages without applying heat or mechanical stress. In addition, as the debonding mechanism is not related to resin decision, this method has the advantage of being a clean process that does not generate any foreign substances, such as soot generated during laser ablation. Resonac believes that this temporary bonding film and new debonding method are suitable for the fabrication process for memory, logic, and power semiconductors as well as advanced semiconductor packages.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: JP¥63.00 (vs JP¥41.71 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥63.00 (up from JP¥41.71 loss in 2Q 2023). Revenue: JP¥347.2b (up 9.4% from 2Q 2023). Net income: JP¥11.4b (up JP¥18.9b from 2Q 2023). Profit margin: 3.3% (up from net loss in 2Q 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Aug 09Resonac Holdings Corporation to Report Fiscal Year 2024 Results on Feb 13, 2025Resonac Holdings Corporation announced that they will report fiscal year 2024 results on Feb 13, 2025
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €16.30, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Chemicals industry in Germany. Total loss to shareholders of 24% over the past three years.
New Risk • Jun 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 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks 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 (7.1% average weekly change). Large one-off items impacting financial results.
お知らせ • May 17+ 1 more updateResonac Holdings Corporation to Report Q2, 2024 Results on Aug 08, 2024Resonac Holdings Corporation announced that they will report Q2, 2024 results at 3:00 PM, Tokyo Standard Time on Aug 08, 2024
Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥150 (vs JP¥67.71 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥150 (up from JP¥67.71 loss in 1Q 2023). Revenue: JP¥321.4b (up 7.5% from 1Q 2023). Net income: JP¥27.1b (up JP¥39.3b from 1Q 2023). Profit margin: 8.4% (up from net loss in 1Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • May 16Resonac Holdings Corporation Provides Earnings Guidance for the First Half and Fiscal Year Ending December 31, 2024Resonac Holdings Corporation provided earnings guidance for the first half and fiscal year ending December 31, 2024. For the first half, the company expected net sales to be JPY 670,000 million, Operating income to be JPY 14,000 million.For the year, the company expected net sales to be JPY 1,360,000 million, Operating income to be JPY 47,000 million, Net income attributable to owners of the parent of JPY 25,000 million, and Net income attributable to owners of the parent per share: Basic of JPY 138.34.
Reported Earnings • Mar 30Full year 2023 earnings released: JP¥105 loss per share (vs JP¥170 profit in FY 2022)Full year 2023 results: JP¥105 loss per share (down from JP¥170 profit in FY 2022). Revenue: JP¥1.29t (down 7.5% from FY 2022). Net loss: JP¥19.0b (down 162% from profit in FY 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Feb 16Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2024Resonac Holdings Corporation, Annual General Meeting, Mar 26, 2024.
Reported Earnings • Feb 16Full year 2023 earnings released: JP¥105 loss per share (vs JP¥170 profit in FY 2022)Full year 2023 results: JP¥105 loss per share (down from JP¥170 profit in FY 2022). Revenue: JP¥1.29t (down 7.5% from FY 2022). Net loss: JP¥19.0b (down 162% from profit in FY 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Feb 15Resonac Holdings Corporation to Report Q1, 2024 Results on May 15, 2024Resonac Holdings Corporation announced that they will report Q1, 2024 results at 3:00 PM, Tokyo Standard Time on May 15, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥65.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).
お知らせ • Dec 05Resonac Holdings Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024Resonac Holdings Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024
お知らせ • Nov 21Resonac Holdings Corporation Announces Board ResignationsResonac Holdings Corporation decided at its board of directors meeting November 21, 2023 on changes in corporate management (directors and audit & supervisory board members): Kohei Morikawa (Representative Director; Chairman of the Board) will resign as Representative Director. Keiichi Kamiguchi (Board Director; Managing Corporate Officer; Chief Risk Management Officer (CRO)) will resign as Board Director at the General Meeting of Shareholders in late March 2024. Kiyoshi Nishioka (Outside Board Director) will resign as Outside Board Director at the General Meeting of Shareholders in late March 2024. Jun Tanaka (Audit & Supervisory Board Member) will resign as Audit & Supervisory Board Member at the General Meeting of Shareholders in late March 2024. Kiyomi Saito (Outside Member of Audit & Supervisory Board) will resign as Outside Member of Audit & Supervisory Board at the General Meeting of Shareholders in late March 2024.
お知らせ • Nov 11+ 1 more updateResonac Holdings Corporation Provides Dividend Guidance for the Year-End 2023Resonac Holdings Corporation provided dividend guidance for the year-end 2023. For the period, company expects dividend of JPY 65.00 per share.
Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: JP¥74.25 (vs JP¥20.56 in 3Q 2022)Third quarter 2023 results: EPS: JP¥74.25 (up from JP¥20.56 in 3Q 2022). Revenue: JP¥326.2b (down 14% from 3Q 2022). Net income: JP¥13.5b (up 261% from 3Q 2022). Profit margin: 4.1% (up from 1.0% in 3Q 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Aug 27Resonac Holdings Corporation to Report Q3, 2023 Results on Nov 09, 2023Resonac Holdings Corporation announced that they will report Q3, 2023 results on Nov 09, 2023
Reported Earnings • Aug 09Second quarter 2023 earnings released: JP¥41.70 loss per share (vs JP¥129 profit in 2Q 2022)Second quarter 2023 results: JP¥41.70 loss per share (down from JP¥129 profit in 2Q 2022). Revenue: JP¥317.2b (down 8.9% from 2Q 2022). Net loss: JP¥7.55b (down 132% from profit in 2Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Jun 01Resonac Holdings Corporation to Report Q2, 2023 Results on Aug 08, 2023Resonac Holdings Corporation announced that they will report Q2, 2023 results on Aug 08, 2023
Reported Earnings • May 17First quarter 2023 earnings released: JP¥67.71 loss per share (vs JP¥46.58 profit in 1Q 2022)First quarter 2023 results: JP¥67.71 loss per share (down from JP¥46.58 profit in 1Q 2022). Revenue: JP¥298.9b (down 2.9% from 1Q 2022). Net loss: JP¥12.3b (down 245% from profit in 1Q 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • May 17+ 1 more updateShowa Denko K.K. Provides Dividend Guidance for the Year-End 2023Showa Denko K.K. provided dividend guidance for the year-end 2023. For the period, company expects dividend of JPY 65.00 per share.
お知らせ • Feb 16Resonac Holdings Corporation, Annual General Meeting, Mar 30, 2023Resonac Holdings Corporation, Annual General Meeting, Mar 30, 2023.
Reported Earnings • Feb 16Full year 2022 earnings released: EPS: JP¥170 (vs JP¥77.40 loss in FY 2021)Full year 2022 results: EPS: JP¥170 (up from JP¥77.40 loss in FY 2021). Revenue: JP¥1.39t (down 1.9% from FY 2021). Net income: JP¥30.8b (up JP¥42.9b from FY 2021). Profit margin: 2.2% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).
お知らせ • Dec 09Showa Denko K.K. to Report Fiscal Year 2022 Results on Feb 14, 2023Showa Denko K.K. announced that they will report fiscal year 2022 results on Feb 14, 2023
お知らせ • Dec 05Showa Denko K.K. Announces Management ChangesShowa Denko K.K. decided at its Board of Directors meeting held on December 5, 2022 on changes in corporate management (directors) as given below. Hisashi Maruyama (Director) and Hiroshi Sakai (Director, Managing Corporate Officer) will resign as directors of Resonac Holdings Corporation at the General Meeting of Shareholders in late March 2023. Masaharu Oshima (Outside Director) will resign as Outside Director of Resonac Holdings Corporation at the General Meeting of Shareholders in late March 2023. Meanwhile, Keiichi Kamiguchi (Managing Corporate Officer; Chief Risk Officer (CRO); and Chairman, Security Export Control Committee) will be elected as Director of Resonac Holdings Corporation at the General Meeting of Shareholders in late March 2023. Tetsuo Tsuneishi (Outside Director, Tokyo Electron Device Limited) will be elected as Outside Director of Resonac Holdings Corporation at the General Meeting of Shareholders in late March 2023. As of late March next year, the Board of Directors will consist of Kohei Morikawa (Representative Director; Chairman of the Board); Hidehito Takahashi (Representative Director; President and CEO); Keiichi Kamiguchi (Director; Managing Corporate Officer; CRO); Hideki Somemiya (Director; Managing Corporate Officer; CFO); Tomomitsu Maoka (Director; Managing Corporate Officer; CSO); Kiyoshi Nishioka, Kozo Isshiki, Noriko Morikawa, and Tetsuo Tsuneishi (Outside Directors). In addition, Toshiharu Kato and Jun Tanaka will continue serving as Audit & Supervisory Board Members, and Kiyomi Saito, Masako Yajima, and Yasuyuki Miyasaka will continue serving as Outside Members of the Audit & Supervisory Board.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥20.56 (vs JP¥20.23 in 3Q 2021)Third quarter 2022 results: EPS: JP¥20.56 (up from JP¥20.23 in 3Q 2021). Revenue: JP¥378.1b (up 5.5% from 3Q 2021). Net income: JP¥3.72b (up 21% from 3Q 2021). Profit margin: 1.0% (up from 0.9% in 3Q 2021). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
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: 4 independent directors. 6 non-independent directors. Independent Outside Director Noriko Morikawa was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 08Third quarter 2022 earnings released: EPS: JP¥43.91 (vs JP¥20.23 in 3Q 2021)Third quarter 2022 results: EPS: JP¥43.91 (up from JP¥20.23 in 3Q 2021). Revenue: JP¥378.1b (up 5.5% from 3Q 2021). Net income: JP¥7.95b (up 158% from 3Q 2021). Profit margin: 2.1% (up from 0.9% in 3Q 2021). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 07+ 1 more updateShowa Denko K.K. Announces Dividend Guidance for 2022Showa Denko K.K. announced the dividend guidance for the year 2022 of JPY 65.00 per share.
お知らせ • Sep 01Showa Denko K.K. to Report Q3, 2022 Results on Nov 07, 2022Showa Denko K.K. announced that they will report Q3, 2022 results on Nov 07, 2022
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: JP¥129 (vs JP¥128 loss in 2Q 2021)Second quarter 2022 results: EPS: JP¥129 (up from JP¥128 loss in 2Q 2021). Revenue: JP¥348.0b (down 1.6% from 2Q 2021). Net income: JP¥23.3b (up JP¥41.9b from 2Q 2021). Profit margin: 6.7% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 5.6%, compared to a 3.9% growth forecast for the industry in Germany. 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.
お知らせ • Aug 05Showa Denko K.K. Provides Dividend Guidance for the Year-End 2022Showa Denko K.K. provided dividend guidance for the year-end 2022. For the period, company expects dividend of JPY 65.00 per share.
お知らせ • Aug 04Showa Denko K.K. Revises Earnings Forecast for the January 1 to June 30, 2022 and for the January 1 to December 31, 2022Showa Denko K.K. revises earnings forecast for the January 1 to June 30, 2022 and for the January 1 to December 31, 2022 . For the January 1 - June 30, 2022, the company Revised forecast of Net sales of JPY 655,000 Million against Previous forecast of JPY 640,000 Million. Operating income of JPY 36,700 Million against Previous forecast of JPY 29,000 Million. Net income attributable to owners of the parent of JPY 31,000 Million against Previous forecast of JPY 6,000 Million. Net income attributable to owners of the parent per share of JPY 171.18 against Previous forecast of JPY 33.14. For the January 1 - June 30, 2022, the company Revised forecast of Net sales of JPY 1,500,000 Million against Previous forecast of JPY 1,350,000 Million. Operating income of JPY 84,000 Million against Previous forecast of JPY 84,000 Million. Net income attributable to owners of the parent of JPY 32,000 Million against Previous forecast of JPY 27,000 Million. Net income attributable to owners of the parent per share of JPY 176.69 against Previous forecast of JPY 149.11.
お知らせ • Jun 05Showa Denko K.K. to Report Q2, 2022 Results on Aug 04, 2022Showa Denko K.K. announced that they will report Q2, 2022 results on Aug 04, 2022
Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥46.58 (vs JP¥35.58 in 1Q 2021)First quarter 2022 results: EPS: JP¥46.58 (up from JP¥35.58 in 1Q 2021). Revenue: JP¥308.0b (down 9.3% from 1Q 2021). Net income: JP¥8.43b (up 63% from 1Q 2021). Profit margin: 2.7% (up from 1.5% in 1Q 2021). Over the next year, revenue is forecast to grow 3.6%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
お知らせ • May 12+ 1 more updateShowa Denko K.K. Provides Earnings Guidance for the First Half and Full Fiscal Year 2022Showa Denko K.K. provided earnings guidance for the first half and full fiscal year 2022. For the first half, Company expects Net sales to be JPY 640,000 million. Operating Income to be JPY 29,000 million. Net income attributable to owners of the parent is expected to be JPY 6,000 million. Basic net income attributable to owners of the parent per share is expected to be JPY 33.14. For the full year ending December 31, 2022, the company expects Net sales to be JPY 1,350,000 million. Operating income to be JPY 84,000 million. Net income attributable to owners of the parent is expected to be JPY 27,000 million. Basic net income attributable to owners of the parent per share is expected to be JPY 149.11.
Board Change • Apr 27Less 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: 4 independent directors. 6 non-independent directors. Independent Outside Director Noriko Morikawa was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Board Change • Apr 20Less 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: 4 independent directors. 6 non-independent directors. Independent Outside Director Noriko Morikawa was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Feb 27Showa Denko K.K. to Report Q1, 2022 Results on May 11, 2022Showa Denko K.K. announced that they will report Q1, 2022 results on May 11, 2022
Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: JP¥77.40 loss per share (up from JP¥523 loss in FY 2020). Revenue: JP¥1.42t (up 46% from FY 2020). Net loss: JP¥12.1b (loss narrowed 84% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 3.6% compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 15+ 2 more updatesShowa Denko K.K., Annual General Meeting, Mar 30, 2022Showa Denko K.K., Annual General Meeting, Mar 30, 2022.
お知らせ • Feb 09Showa Denko Revises Earnings Guidance for the Full Year Ending December 31, 2021Showa Denko revised earnings guidance for the full year ending December 31, 2021. For the year, the company expects net sales of ¥1,420,000 million, operating income of ¥87,000 million, net loss attributable to owners of the parent of ¥12,000 million and net loss attributable to owners of the parent per share of ¥76.80 against previous guidance of net sales of ¥1,400,000 million, operating income of ¥85,000 million, net loss attributable to owners of the parent of ¥25,000 million and net loss attributable to owners of the parent per share of ¥171.37.
Upcoming Dividend • Dec 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.8%).
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS JP¥20.23 (vs JP¥21.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥358.3b (up 16% from 3Q 2020). Net income: JP¥3.08b (up JP¥6.16b from 3Q 2020). Profit margin: 0.9% (up from net loss in 3Q 2020). 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.
Reported Earnings • Aug 11Second quarter 2021 earnings released: JP¥127 loss per share (vs JP¥393 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: JP¥353.7b (up 128% from 2Q 2020). Net loss: JP¥18.6b (loss narrowed 68% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15First quarter 2021 earnings released: EPS JP¥35.58 (vs JP¥18.50 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: JP¥339.7b (up 98% from 1Q 2020). Net income: JP¥5.19b (up 92% from 1Q 2020). Profit margin: 1.5% (down from 1.6% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
お知らせ • May 14+ 1 more updateShowa Denko K.K. Provides Dividend Guidance for the Full Fiscal Year ending December 31, 2021Showa Denko K.K. provided dividend guidance of JPY 65.00 for the full fiscal year ending December 31, 2021 against JPY 65.00 paid a year ago.
お知らせ • Mar 06SKT Holdings Ltd enter into basic agreement to acquire 28.9% stake in Shoko Co., Ltd. (TSE:8090) from Showa Denko K.K. (TSE:4004) for ¥ 2.5 billion.SKT Holdings Ltd enter into basic agreement to acquire 28.9% stake in Shoko Co., Ltd. (TSE:8090) from Showa Denko K.K. (TSE:4004) for ¥ 2.5 billion on March 4, 2021. Under the terms of agreement, Isigma will acquire 3.16 million shares of Shoko Co. at ¥ 796 per share. Tender offer will commence on March 5, 2021.when this tender offer is successful, SHOKO will no longer be a consolidated subsidiary of the Company.
Reported Earnings • Feb 21Full year 2020 earnings released: JP¥523 loss per share (vs JP¥501 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: JP¥973.7b (up 7.4% from FY 2019). Net loss: JP¥76.3b (down 204% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 19Showa Denko K.K., Annual General Meeting, Mar 30, 2021Showa Denko K.K., Annual General Meeting, Mar 30, 2021.
Is New 90 Day High Low • Feb 16New 90-day high: €20.60The company is up 32% from its price of €15.60 on 17 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals 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 €37.57 per share.
お知らせ • Feb 13Showa Denko K.K. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2020Showa Denko K.K. revised consolidated earnings guidance for the year ending December 31, 2020. For the year, the company revised net sales guidance of JPY 973,500 million compared to previous guidance of JPY 960,000 million. Revised operating loss guidance of JPY 20,000 million compared to previous guidance of JPY 30,000 million. Revised net loss attributable to owners of the parent guidance of JPY 77,000 million compared to previous guidance of JPY 90,000 million. Revised net loss attributable to owners of the parent per share guidance of JPY 527.83 compared to previous guidance of JPY 616.94 per share.
お知らせ • Feb 08Showa Denko K.K. (TSE:4004) acquired 50% stake in AMI Automation.Showa Denko K.K. (TSE:4004) acquired 50% stake in AMI Automation on February 8, 2021. Showa Denko has an option to acquire the remaining 50% of AMI within 5 years. Showa Denko K.K. (TSE:4004) completed the acquisition of 50% stake in AMI Automation on February 8, 2021.
Is New 90 Day High Low • Jan 29New 90-day high: €19.30The company is up 36% from its price of €14.20 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.11 per share.
Is New 90 Day High Low • Jan 13New 90-day high: €17.80The company is up 18% from its price of €15.10 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.32 per share.
お知らせ • Jan 12Showa Denko K.K. to Report Fiscal Year 2020 Results on Feb 17, 2021Showa Denko K.K. announced that they will report fiscal year 2020 results on Feb 17, 2021
Is New 90 Day High Low • Dec 10New 90-day high: €17.00The company is up 10.0% from its price of €15.50 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.80 per share.
お知らせ • Nov 30Showa Denko K.K. Announces Management ChangesShowa Denko K.K. announced that Akihiro Jimbo (General Manager, Basic Chemicals Division) will also resign as Corporate Officer on January 3. He will become business adviser to Maruzen Showa Unyu Co. Ltd. effective January 4. Koichi Nishimura (Assistant to President for promotion of chemicals safety and environmental protection; officer in charge of Industrial Gases, Basic Chemicals, Electronic Chemicals, and Functional Chemicals divisions as well as Kawasaki, Higashinagahara, Isesaki and Tatsuno plants) will resign as Corporate Officer on January 3, 2021. He will assume the post of President, Union Showa K.K., on January 4.
Analyst Estimate Surprise Post Earnings • Nov 17Revenue misses expectationsRevenue missed analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 48%, compared to a 3.6% growth forecast for the Chemicals industry in Germany.
Reported Earnings • Nov 17Third quarter 2020 earnings released: JP¥21.11 loss per shareThe company reported a mediocre third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: JP¥309.4b (up 41% from 3Q 2019). Net loss: JP¥3.08b (down 120% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 30% 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.
Reported Earnings • Nov 07Third quarter 2020 earnings released: JP¥21.11 loss per shareThe company reported a mediocre third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: JP¥309.4b (up 41% from 3Q 2019). Net loss: JP¥3.08b (down 120% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue misses expectationsRevenue missed analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 48%, compared to a 2.9% growth forecast for the Chemicals industry in Germany.
Is New 90 Day High Low • Oct 21New 90-day low: €14.60The company is down 22% from its price of €18.80 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.50 per share.
Is New 90 Day High Low • Oct 01New 90-day low: €15.20The company is down 20% from its price of €19.00 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.61 per share.
お知らせ • Sep 25+ 1 more updateShowa Denko k.k. completed the acquisition of the remaining 62.4% stake in Showa Highpolymer Co., Ltd.Showa Denko k.k. (TSE: 4004) agreed to acquire the remaining 62.4% stake in Showa Highpolymer Co., Ltd. for ¥1.5 billion in stock on May 16, 2006. Under the terms of the agreement, Showa Denko will issue 0.9 share for every share held in Showa Highpolymer. This calculation amounts to a total of 30,551,428 new shares to be issued by Showa Denko. The Showa Denko shares were valued at the May 15, 2006 closing stock price of JPY 492 per share. On August 28, 2006, the listing of Showa Highpolymer shares will be terminated. On September 1, 2006, the share exchange will take effect. The transaction is subject to approval by the Showa Highpolymer shareholders. Showa Denko appointed Mizuho Securities Co., Ltd. (Mizuho) and Showa Highpolymer appointed KPMG FAS for the calculation of exchange ratio. Mizuho Securities Co., Ltd. acted as financial advisor to Showa Denko k.k. KPMG FAS Co., Ltd. acted as financial advisor to Showa Highpolymer Co., Ltd. Showa Denko k.k. (TSE: 4004) completed the acquisition of the remaining 62.4% stake in Showa Highpolymer Co., Ltd. on September 1, 2006.
お知らせ • Aug 29Showa Denko K.K. to Report Q3, 2020 Results on Nov 05, 2020Showa Denko K.K. announced that they will report Q3, 2020 results at 3:00 PM, Tokyo Standard Time on Nov 05, 2020