Micronics Japan（MJ3）株式概要日本マイクロニクス株式会社は、身体計測機器、半導体・液晶ディスプレイ検査装置の開発・製造・販売を世界中で行っています。 詳細MJ3 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長6/6過去の実績5/6財務の健全性5/6配当金0/6報酬株価収益率（ 43.8 x）は、 Semiconductor業界平均（ 82.7 x）を下回っています。収益は年間24.96%増加すると予測されています 過去1年間で収益は60.4%増加しました リスク分析German市場と比較して、過去 3 か月間の株価の変動が非常に大きいすべてのリスクチェックを見るMJ3 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW491,406 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 NarrativeBLINROAG491,406 investors already sharing narrativesYour Fair Value€Current Price€90.0033.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0205b2016201920222025202620282031Revenue JP¥205.1bEarnings JP¥39.4bAdvancedSet Fair ValueView all narrativesMicronics Japan Co., Ltd. 競合他社SUSS MicroTecSymbol: XTRA:SMHNMarket cap: €1.6bAIXTRONSymbol: XTRA:AIXAMarket cap: €4.9bcentrotherm internationalSymbol: DB:CTNKMarket cap: €197.9mElmos SemiconductorSymbol: XTRA:ELGMarket cap: €2.9b価格と性能株価の高値、安値、推移の概要Micronics Japan過去の株価現在の株価JP¥90.0052週高値JP¥95.5052週安値JP¥24.60ベータ1.661ヶ月の変化7.14%3ヶ月変化36.36%1年変化190.32%3年間の変化571.64%5年間の変化733.33%IPOからの変化1,500.00%最新ニュースNew Risk • 3hNew 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. This is currently the only risk that has been identified for the company.お知らせ • Jun 25MICRONICS JAPAN CO., LTD. Announces Resignation of Eitatsu Tanabe from Outside Director, Effective June 30, 2026MICRONICS JAPAN CO., LTD. announced the resignation of its Director, Eitatsu Tanabe, Outside Director, effective June 30, 2026. The reason for resignation was due to personal reasons. Even after the resignation of the said Director, the Company will continue to meet the number of Directors required by laws and regulations and the Articles of Incorporation.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €84.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 44x in the Semiconductor industry in Germany. Total returns to shareholders of 630% over the past three years.お知らせ • Jun 03Micronics Japan Co., Ltd. to Report Q2, 2026 Results on Aug 12, 2026Micronics Japan Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on Aug 12, 2026Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Chieko Tsuchiya 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 • Apr 10Micronics Japan Co., Ltd. to Report Q1, 2026 Results on May 13, 2026Micronics Japan Co., Ltd. announced that they will report Q1, 2026 results on May 13, 2026最新情報をもっと見るRecent updatesNew Risk • 3hNew 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. This is currently the only risk that has been identified for the company.お知らせ • Jun 25MICRONICS JAPAN CO., LTD. Announces Resignation of Eitatsu Tanabe from Outside Director, Effective June 30, 2026MICRONICS JAPAN CO., LTD. announced the resignation of its Director, Eitatsu Tanabe, Outside Director, effective June 30, 2026. The reason for resignation was due to personal reasons. Even after the resignation of the said Director, the Company will continue to meet the number of Directors required by laws and regulations and the Articles of Incorporation.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €84.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 44x in the Semiconductor industry in Germany. Total returns to shareholders of 630% over the past three years.お知らせ • Jun 03Micronics Japan Co., Ltd. to Report Q2, 2026 Results on Aug 12, 2026Micronics Japan Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on Aug 12, 2026Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Chieko Tsuchiya 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 • Apr 10Micronics Japan Co., Ltd. to Report Q1, 2026 Results on May 13, 2026Micronics Japan Co., Ltd. announced that they will report Q1, 2026 results on May 13, 2026お知らせ • Feb 14+ 1 more updateMicronics Japan Co., Ltd. Proposes Cash Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 27, 2026Micronics Japan Co., Ltd. proposed cash dividend of JPY 95.00 per share the fiscal year ended December 31, 2025 as compared to JPY 70.00 per share a year ago. Scheduled date to commence dividend payments: March 27, 2026. Record date is December 31, 2025. This matter will be formally decided and implemented upon approval at the 55th Annual General Meeting of Shareholders scheduled for March 26, 2026.お知らせ • Feb 13Micronics Japan Co., Ltd., Annual General Meeting, Mar 26, 2026Micronics Japan Co., Ltd., Annual General Meeting, Mar 26, 2026.お知らせ • Dec 03Micronics Japan Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Micronics Japan Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026お知らせ • Nov 11Micronics Japan Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2025Micronics Japan Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2025. For the quarter, the company expects net sales of JPY 68,900 million, operating profit of JPY 13,800 million, quarterly net profit attributable to owners of parent of JPY 9,200 million and quarterly net profit per share of JPY 237.66.お知らせ • Sep 26Micronics Japan Co., Ltd. to Report Q3, 2025 Results on Nov 11, 2025Micronics Japan Co., Ltd. announced that they will report Q3, 2025 results on Nov 11, 2025Board Change • Aug 18Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Chieko Tsuchiya 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 • Jun 20Micronics Japan Co., Ltd. to Report Q2, 2025 Results on Aug 12, 2025Micronics Japan Co., Ltd. announced that they will report Q2, 2025 results on Aug 12, 2025お知らせ • Mar 11Micronics Japan Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Micronics Japan Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025お知らせ • Feb 14Micronics Japan Co., Ltd., Annual General Meeting, Mar 27, 2025Micronics Japan Co., Ltd., Annual General Meeting, Mar 27, 2025.お知らせ • Jan 03Micronics Japan Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025Micronics Japan Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: JP¥53.41 (vs JP¥15.37 in 3Q 2023)Third quarter 2024 results: EPS: JP¥53.41 (up from JP¥15.37 in 3Q 2023). Revenue: JP¥12.8b (up 50% from 3Q 2023). Net income: JP¥2.06b (up 248% from 3Q 2023). Profit margin: 16% (up from 6.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €26.20, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 184% over the past three years.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €24.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Semiconductor industry in Germany. Total returns to shareholders of 125% over the past three years.お知らせ • Aug 30Micronics Japan Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Micronics Japan Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥62.56 (vs JP¥0.93 in 2Q 2023)Second quarter 2024 results: EPS: JP¥62.56 (up from JP¥0.93 in 2Q 2023). Revenue: JP¥14.4b (up 99% from 2Q 2023). Net income: JP¥2.41b (up JP¥2.38b from 2Q 2023). Profit margin: 17% (up from 0.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €26.80, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 165% over the past three years.お知らせ • Jul 23Micronics Japan Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Micronics Japan Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥32.94 (vs JP¥28.71 in 1Q 2023)First quarter 2024 results: EPS: JP¥32.94 (up from JP¥28.71 in 1Q 2023). Revenue: JP¥11.8b (up 21% from 1Q 2023). Net income: JP¥1.27b (up 15% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €45.60, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 320% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €47.29 per share.Buy Or Sell Opportunity • Apr 22Now 21% undervaluedOver the last 90 days, the stock has risen 49% to €38.80. The fair value is estimated to be €48.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings are also forecast to grow by 37% per annum over the same time period.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €40.60, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €49.14 per share.お知らせ • Mar 28Micronics Japan Co., Ltd. to Report Q2, 2024 Results on May 13, 2024Micronics Japan Co., Ltd. announced that they will report Q2, 2024 results on May 13, 2024お知らせ • Feb 16Micronics Japan Co., Ltd., Annual General Meeting, Mar 28, 2024Micronics Japan Co., Ltd., Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 16Full year 2023 earnings released: EPS: JP¥107 (vs JP¥196 in FY 2022)Full year 2023 results: EPS: JP¥107 (down from JP¥196 in FY 2022). Revenue: JP¥38.3b (down 14% from FY 2022). Net income: JP¥4.13b (down 45% from FY 2022). Profit margin: 11% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €31.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 19x in the Semiconductor industry in Germany. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.55 per share.New Risk • Feb 11New 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 10% 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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin).Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €26.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 119% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.59 per share.お知らせ • Dec 21Micronics Japan Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Micronics Japan Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥29.00 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.0%).Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥15.37 (vs JP¥40.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥15.37 (down from JP¥40.90 in 3Q 2022). Revenue: JP¥8.54b (down 19% from 3Q 2022). Net income: JP¥593.0m (down 62% from 3Q 2022). Profit margin: 6.9% (down from 15% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €16.90, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 140% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.10 per share.お知らせ • Oct 05Micronics Japan Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023Micronics Japan Co., Ltd. announced that they will report Q3, 2023 results on Nov 13, 2023New Risk • Aug 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risk Dividend is not well covered by cash flows (208% cash payout ratio).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: JP¥0.93 (vs JP¥41.97 in 2Q 2022)Second quarter 2023 results: EPS: JP¥0.93 (down from JP¥41.97 in 2Q 2022). Revenue: JP¥7.22b (down 26% from 2Q 2022). Net income: JP¥36.0m (down 98% from 2Q 2022). Profit margin: 0.5% (down from 17% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor 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 only increased by 12% per year, which means it is significantly lagging earnings growth.New Risk • Aug 11New 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 9.8% 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 Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €10.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.98 per share.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €13.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.70 per share.お知らせ • Jun 03Micronics Japan Co., Ltd. to Report Q2, 2023 Results on Aug 10, 2023Micronics Japan Co., Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €10.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.09 per share.Reported Earnings • May 16First quarter 2023 earnings released: EPS: JP¥28.71 (vs JP¥32.70 in 1Q 2022)First quarter 2023 results: EPS: JP¥28.71 (down from JP¥32.70 in 1Q 2022). Revenue: JP¥9.77b (flat on 1Q 2022). Net income: JP¥1.11b (down 12% from 1Q 2022). Profit margin: 11% (down from 13% in 1Q 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor 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 only increased by 11% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Apr 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €10.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 69%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings is forecast to decline by 7.2% per annum over the same time period.Buying Opportunity • Mar 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.4%. The fair value is estimated to be €10.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 69%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is forecast to decline by 0.2% per annum over the same time period.Buying Opportunity • Mar 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.7%. The fair value is estimated to be €11.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 69%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 2.2% per annum over the same time period.Upcoming Dividend • Dec 22Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.2%).お知らせ • Dec 06Micronics Japan Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023Micronics Japan Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). External Director Mitsuru Furuyama was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: JP¥40.90 (vs JP¥94.70 in 3Q 2021)Third quarter 2022 results: EPS: JP¥40.90 (down from JP¥94.70 in 3Q 2021). Revenue: JP¥10.6b (down 8.5% from 3Q 2021). Net income: JP¥1.57b (down 57% from 3Q 2021). Profit margin: 15% (down from 32% in 3Q 2021). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be €10.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 89%. Revenue is forecast to grow by 4.2% in 2 years. Earnings is forecast to decline by 25% in the next 2 years.お知らせ • Aug 28Micronics Japan Co., Ltd. to Report Q3, 2022 Results on Nov 11, 2022Micronics Japan Co., Ltd. announced that they will report Q3, 2022 results on Nov 11, 2022Reported Earnings • Aug 11Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: JP¥41.97. Revenue: JP¥9.77b (flat on 2Q 2021). Net income: JP¥1.62b (up JP¥1.62b from 2Q 2021). Profit margin: 17% (up from null in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 12% growth forecast for the 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 only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 02Micronics Japan Co., Ltd. to Report Q2, 2022 Results on Aug 09, 2022Micronics Japan Co., Ltd. announced that they will report Q2, 2022 results on Aug 09, 2022Reported Earnings • May 13First quarter 2022 earnings releasedFirst quarter 2022 results: EPS: JP¥32.70. Revenue: JP¥9.80b (flat on 1Q 2021). Net income: JP¥1.26b (up JP¥1.26b from 1Q 2021). Profit margin: 13% (up from null in 1Q 2021). Over the next year, revenue is forecast to grow 5.1%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). External Director Mitsuru Furuyama was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Apr 02Full year 2021 earnings released: EPS: JP¥215 (vs JP¥71.97 in FY 2020)Full year 2021 results: EPS: JP¥215 (up from JP¥71.97 in FY 2020). Revenue: JP¥40.0b (up 29% from FY 2020). Net income: JP¥8.24b (up 200% from FY 2020). Profit margin: 21% (up from 8.9% in FY 2020). Over the next year, revenue is expected to shrink by 1.1% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 27Micronics Japan Co., Ltd. to Report Q1, 2022 Results on May 11, 2022Micronics Japan Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022お知らせ • Feb 12Micronics Japan Co., Ltd., Annual General Meeting, Mar 25, 2022Micronics Japan Co., Ltd., Annual General Meeting, Mar 25, 2022.Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥215 (up from JP¥71.97 in FY 2020). Revenue: JP¥40.0b (up 29% from FY 2020). Net income: JP¥8.24b (up 200% from FY 2020). Profit margin: 21% (up from 8.9% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 6.0% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 23Upcoming dividend of JP¥58.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (0.7%).Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to €13.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 29x in the Semiconductor industry in Germany. Total returns to shareholders of 113% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.21 per share.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €9.85, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 30x in the Semiconductor industry in Germany. Total returns to shareholders of 91% over the past three years.Is New 90 Day High Low • Feb 18New 90-day high: €14.40The company is up 88% from its price of €7.65 on 19 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 Semiconductor industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.65 per share.お知らせ • Feb 16Micronics Japan Co., Ltd., Annual General Meeting, Mar 26, 2021Micronics Japan Co., Ltd., Annual General Meeting, Mar 26, 2021.Is New 90 Day High Low • Jan 13New 90-day high: €10.90The company is up 28% from its price of €8.50 on 15 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 Semiconductor industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.64 per share.Is New 90 Day High Low • Dec 29New 90-day high: €9.85The company is up 14% from its price of €8.65 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.89 per share.Is New 90 Day High Low • Dec 10New 90-day high: €8.95The company is up 12% from its price of €8.00 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 Semiconductor industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.10 per share.お知らせ • Dec 05Micronics Japan Co., Ltd. to Report Fiscal Year 2020 Results on Feb 12, 2021Micronics Japan Co., Ltd. announced that they will report fiscal year 2020 results on Feb 12, 2021Reported Earnings • Nov 15Full year 2020 earnings released: EPS JP¥39.39The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥31.6b (up 13% from FY 2019). Net income: JP¥1.50b (up 71% from FY 2019). Profit margin: 4.8% (up from 3.1% in FY 2019). The increase in margin was driven by higher revenue. 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 3% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 13New 90-day low: €7.40The company is down 16% from its price of €8.80 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor 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 €11.89 per share.お知らせ • Oct 13Micronics Japan Co., Ltd. to Report Q4, 2020 Results on Nov 11, 2020Micronics Japan Co., Ltd. announced that they will report Q4, 2020 results on Nov 11, 2020お知らせ • Oct 05Micronics Japan Co. Ltd. to Report Q2, 2010 Results on 05/13/2010Micronics Japan Co. Ltd. announced that they will report Q2, 2010 results on 05/13/2010株主還元MJ3DE SemiconductorDE 市場7D5.9%-6.3%-2.5%1Y190.3%93.1%-0.6%株主還元を見る業界別リターン: MJ3過去 1 年間で93.1 % の収益を上げたGerman Semiconductor業界を上回りました。リターン対市場: MJ3過去 1 年間で-0.6 % の収益を上げたGerman市場を上回りました。価格変動Is MJ3's price volatile compared to industry and market?MJ3 volatilityMJ3 Average Weekly Movement12.7%Semiconductor Industry Average Movement9.6%Market Average Movement5.4%10% most volatile stocks in DE Market12.7%10% least volatile stocks in DE Market2.8%安定した株価: MJ3の株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: MJ3の weekly volatility ( 13% ) は過去 1 年間安定していますが、依然としてGermanの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19701,785Masayoshi Hasegawawww.mjc.co.jp日本マイクロニクス株式会社は、ボディ測定器、半導体検査装置、液晶検査装置の開発、製造、販売を世界中で行っている。プローブカード、ウェーハプローバ、アクセサリやオプション、保守部品、半導体試験装置、テストソケットなどの半導体製品を提供している。また、プローブユニット・フラットパネルディスプレイ製品も提供している。旧社名は東和電機株式会社で、1975年4月に日本マイクロニクス株式会社に社名変更した。1970年に設立され、武蔵野市に本社を置く。もっと見るMicronics Japan Co., Ltd. 基礎のまとめMicronics Japan の収益と売上を時価総額と比較するとどうか。MJ3 基礎統計学時価総額€3.51b収益（TTM）€80.07m売上高(TTM)€417.07m43.8xPER（株価収益率8.4xP/SレシオMJ3 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MJ3 損益計算書（TTM）収益JP¥76.99b売上原価JP¥40.91b売上総利益JP¥36.09bその他の費用JP¥21.31b収益JP¥14.78b直近の収益報告Mar 31, 2026次回決算日Aug 12, 2026一株当たり利益（EPS）381.33グロス・マージン46.87%純利益率19.20%有利子負債／自己資本比率8.7%MJ3 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0.6%現在の配当利回り25%配当性向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2026/07/12 05:01終値2026/07/10 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Micronics Japan Co., Ltd. 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。11 アナリスト機関Christian DinwoodieCLSATakeshi FukuyamaDaiwa Securities Co. Ltd.null nullDaiwa Securities Co. Ltd.8 その他のアナリストを表示
New Risk • 3hNew 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. This is currently the only risk that has been identified for the company.
お知らせ • Jun 25MICRONICS JAPAN CO., LTD. Announces Resignation of Eitatsu Tanabe from Outside Director, Effective June 30, 2026MICRONICS JAPAN CO., LTD. announced the resignation of its Director, Eitatsu Tanabe, Outside Director, effective June 30, 2026. The reason for resignation was due to personal reasons. Even after the resignation of the said Director, the Company will continue to meet the number of Directors required by laws and regulations and the Articles of Incorporation.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €84.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 44x in the Semiconductor industry in Germany. Total returns to shareholders of 630% over the past three years.
お知らせ • Jun 03Micronics Japan Co., Ltd. to Report Q2, 2026 Results on Aug 12, 2026Micronics Japan Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on Aug 12, 2026
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Chieko Tsuchiya 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 • Apr 10Micronics Japan Co., Ltd. to Report Q1, 2026 Results on May 13, 2026Micronics Japan Co., Ltd. announced that they will report Q1, 2026 results on May 13, 2026
New Risk • 3hNew 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. This is currently the only risk that has been identified for the company.
お知らせ • Jun 25MICRONICS JAPAN CO., LTD. Announces Resignation of Eitatsu Tanabe from Outside Director, Effective June 30, 2026MICRONICS JAPAN CO., LTD. announced the resignation of its Director, Eitatsu Tanabe, Outside Director, effective June 30, 2026. The reason for resignation was due to personal reasons. Even after the resignation of the said Director, the Company will continue to meet the number of Directors required by laws and regulations and the Articles of Incorporation.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €84.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 44x in the Semiconductor industry in Germany. Total returns to shareholders of 630% over the past three years.
お知らせ • Jun 03Micronics Japan Co., Ltd. to Report Q2, 2026 Results on Aug 12, 2026Micronics Japan Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on Aug 12, 2026
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Chieko Tsuchiya 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 • Apr 10Micronics Japan Co., Ltd. to Report Q1, 2026 Results on May 13, 2026Micronics Japan Co., Ltd. announced that they will report Q1, 2026 results on May 13, 2026
お知らせ • Feb 14+ 1 more updateMicronics Japan Co., Ltd. Proposes Cash Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 27, 2026Micronics Japan Co., Ltd. proposed cash dividend of JPY 95.00 per share the fiscal year ended December 31, 2025 as compared to JPY 70.00 per share a year ago. Scheduled date to commence dividend payments: March 27, 2026. Record date is December 31, 2025. This matter will be formally decided and implemented upon approval at the 55th Annual General Meeting of Shareholders scheduled for March 26, 2026.
お知らせ • Feb 13Micronics Japan Co., Ltd., Annual General Meeting, Mar 26, 2026Micronics Japan Co., Ltd., Annual General Meeting, Mar 26, 2026.
お知らせ • Dec 03Micronics Japan Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Micronics Japan Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
お知らせ • Nov 11Micronics Japan Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2025Micronics Japan Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2025. For the quarter, the company expects net sales of JPY 68,900 million, operating profit of JPY 13,800 million, quarterly net profit attributable to owners of parent of JPY 9,200 million and quarterly net profit per share of JPY 237.66.
お知らせ • Sep 26Micronics Japan Co., Ltd. to Report Q3, 2025 Results on Nov 11, 2025Micronics Japan Co., Ltd. announced that they will report Q3, 2025 results on Nov 11, 2025
Board Change • Aug 18Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Chieko Tsuchiya 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 • Jun 20Micronics Japan Co., Ltd. to Report Q2, 2025 Results on Aug 12, 2025Micronics Japan Co., Ltd. announced that they will report Q2, 2025 results on Aug 12, 2025
お知らせ • Mar 11Micronics Japan Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Micronics Japan Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
お知らせ • Feb 14Micronics Japan Co., Ltd., Annual General Meeting, Mar 27, 2025Micronics Japan Co., Ltd., Annual General Meeting, Mar 27, 2025.
お知らせ • Jan 03Micronics Japan Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025Micronics Japan Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: JP¥53.41 (vs JP¥15.37 in 3Q 2023)Third quarter 2024 results: EPS: JP¥53.41 (up from JP¥15.37 in 3Q 2023). Revenue: JP¥12.8b (up 50% from 3Q 2023). Net income: JP¥2.06b (up 248% from 3Q 2023). Profit margin: 16% (up from 6.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €26.20, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 184% over the past three years.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €24.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Semiconductor industry in Germany. Total returns to shareholders of 125% over the past three years.
お知らせ • Aug 30Micronics Japan Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Micronics Japan Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥62.56 (vs JP¥0.93 in 2Q 2023)Second quarter 2024 results: EPS: JP¥62.56 (up from JP¥0.93 in 2Q 2023). Revenue: JP¥14.4b (up 99% from 2Q 2023). Net income: JP¥2.41b (up JP¥2.38b from 2Q 2023). Profit margin: 17% (up from 0.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to €26.80, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 165% over the past three years.
お知らせ • Jul 23Micronics Japan Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Micronics Japan Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥32.94 (vs JP¥28.71 in 1Q 2023)First quarter 2024 results: EPS: JP¥32.94 (up from JP¥28.71 in 1Q 2023). Revenue: JP¥11.8b (up 21% from 1Q 2023). Net income: JP¥1.27b (up 15% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €45.60, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 320% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €47.29 per share.
Buy Or Sell Opportunity • Apr 22Now 21% undervaluedOver the last 90 days, the stock has risen 49% to €38.80. The fair value is estimated to be €48.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings are also forecast to grow by 37% per annum over the same time period.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €40.60, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €49.14 per share.
お知らせ • Mar 28Micronics Japan Co., Ltd. to Report Q2, 2024 Results on May 13, 2024Micronics Japan Co., Ltd. announced that they will report Q2, 2024 results on May 13, 2024
お知らせ • Feb 16Micronics Japan Co., Ltd., Annual General Meeting, Mar 28, 2024Micronics Japan Co., Ltd., Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: JP¥107 (vs JP¥196 in FY 2022)Full year 2023 results: EPS: JP¥107 (down from JP¥196 in FY 2022). Revenue: JP¥38.3b (down 14% from FY 2022). Net income: JP¥4.13b (down 45% from FY 2022). Profit margin: 11% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €31.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 19x in the Semiconductor industry in Germany. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.55 per share.
New Risk • Feb 11New 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 10% 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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin).
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €26.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 119% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €14.59 per share.
お知らせ • Dec 21Micronics Japan Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Micronics Japan Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥29.00 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.0%).
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥15.37 (vs JP¥40.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥15.37 (down from JP¥40.90 in 3Q 2022). Revenue: JP¥8.54b (down 19% from 3Q 2022). Net income: JP¥593.0m (down 62% from 3Q 2022). Profit margin: 6.9% (down from 15% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €16.90, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 140% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.10 per share.
お知らせ • Oct 05Micronics Japan Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023Micronics Japan Co., Ltd. announced that they will report Q3, 2023 results on Nov 13, 2023
New Risk • Aug 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risk Dividend is not well covered by cash flows (208% cash payout ratio).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: JP¥0.93 (vs JP¥41.97 in 2Q 2022)Second quarter 2023 results: EPS: JP¥0.93 (down from JP¥41.97 in 2Q 2022). Revenue: JP¥7.22b (down 26% from 2Q 2022). Net income: JP¥36.0m (down 98% from 2Q 2022). Profit margin: 0.5% (down from 17% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor 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 only increased by 12% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 11New 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 9.8% 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 Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €10.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.98 per share.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €13.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.70 per share.
お知らせ • Jun 03Micronics Japan Co., Ltd. to Report Q2, 2023 Results on Aug 10, 2023Micronics Japan Co., Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €10.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.09 per share.
Reported Earnings • May 16First quarter 2023 earnings released: EPS: JP¥28.71 (vs JP¥32.70 in 1Q 2022)First quarter 2023 results: EPS: JP¥28.71 (down from JP¥32.70 in 1Q 2022). Revenue: JP¥9.77b (flat on 1Q 2022). Net income: JP¥1.11b (down 12% from 1Q 2022). Profit margin: 11% (down from 13% in 1Q 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor 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 only increased by 11% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Apr 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €10.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 69%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings is forecast to decline by 7.2% per annum over the same time period.
Buying Opportunity • Mar 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.4%. The fair value is estimated to be €10.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 69%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is forecast to decline by 0.2% per annum over the same time period.
Buying Opportunity • Mar 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.7%. The fair value is estimated to be €11.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 69%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 2.2% per annum over the same time period.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.2%).
お知らせ • Dec 06Micronics Japan Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023Micronics Japan Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). External Director Mitsuru Furuyama was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: JP¥40.90 (vs JP¥94.70 in 3Q 2021)Third quarter 2022 results: EPS: JP¥40.90 (down from JP¥94.70 in 3Q 2021). Revenue: JP¥10.6b (down 8.5% from 3Q 2021). Net income: JP¥1.57b (down 57% from 3Q 2021). Profit margin: 15% (down from 32% in 3Q 2021). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be €10.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 89%. Revenue is forecast to grow by 4.2% in 2 years. Earnings is forecast to decline by 25% in the next 2 years.
お知らせ • Aug 28Micronics Japan Co., Ltd. to Report Q3, 2022 Results on Nov 11, 2022Micronics Japan Co., Ltd. announced that they will report Q3, 2022 results on Nov 11, 2022
Reported Earnings • Aug 11Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: JP¥41.97. Revenue: JP¥9.77b (flat on 2Q 2021). Net income: JP¥1.62b (up JP¥1.62b from 2Q 2021). Profit margin: 17% (up from null in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 12% growth forecast for the 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 only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 02Micronics Japan Co., Ltd. to Report Q2, 2022 Results on Aug 09, 2022Micronics Japan Co., Ltd. announced that they will report Q2, 2022 results on Aug 09, 2022
Reported Earnings • May 13First quarter 2022 earnings releasedFirst quarter 2022 results: EPS: JP¥32.70. Revenue: JP¥9.80b (flat on 1Q 2021). Net income: JP¥1.26b (up JP¥1.26b from 1Q 2021). Profit margin: 13% (up from null in 1Q 2021). Over the next year, revenue is forecast to grow 5.1%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). External Director Mitsuru Furuyama was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 02Full year 2021 earnings released: EPS: JP¥215 (vs JP¥71.97 in FY 2020)Full year 2021 results: EPS: JP¥215 (up from JP¥71.97 in FY 2020). Revenue: JP¥40.0b (up 29% from FY 2020). Net income: JP¥8.24b (up 200% from FY 2020). Profit margin: 21% (up from 8.9% in FY 2020). Over the next year, revenue is expected to shrink by 1.1% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 27Micronics Japan Co., Ltd. to Report Q1, 2022 Results on May 11, 2022Micronics Japan Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022
お知らせ • Feb 12Micronics Japan Co., Ltd., Annual General Meeting, Mar 25, 2022Micronics Japan Co., Ltd., Annual General Meeting, Mar 25, 2022.
Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥215 (up from JP¥71.97 in FY 2020). Revenue: JP¥40.0b (up 29% from FY 2020). Net income: JP¥8.24b (up 200% from FY 2020). Profit margin: 21% (up from 8.9% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 6.0% compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 23Upcoming dividend of JP¥58.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (0.7%).
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to €13.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 29x in the Semiconductor industry in Germany. Total returns to shareholders of 113% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.21 per share.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €9.85, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 30x in the Semiconductor industry in Germany. Total returns to shareholders of 91% over the past three years.
Is New 90 Day High Low • Feb 18New 90-day high: €14.40The company is up 88% from its price of €7.65 on 19 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 Semiconductor industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.65 per share.
お知らせ • Feb 16Micronics Japan Co., Ltd., Annual General Meeting, Mar 26, 2021Micronics Japan Co., Ltd., Annual General Meeting, Mar 26, 2021.
Is New 90 Day High Low • Jan 13New 90-day high: €10.90The company is up 28% from its price of €8.50 on 15 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 Semiconductor industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.64 per share.
Is New 90 Day High Low • Dec 29New 90-day high: €9.85The company is up 14% from its price of €8.65 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.89 per share.
Is New 90 Day High Low • Dec 10New 90-day high: €8.95The company is up 12% from its price of €8.00 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 Semiconductor industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.10 per share.
お知らせ • Dec 05Micronics Japan Co., Ltd. to Report Fiscal Year 2020 Results on Feb 12, 2021Micronics Japan Co., Ltd. announced that they will report fiscal year 2020 results on Feb 12, 2021
Reported Earnings • Nov 15Full year 2020 earnings released: EPS JP¥39.39The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥31.6b (up 13% from FY 2019). Net income: JP¥1.50b (up 71% from FY 2019). Profit margin: 4.8% (up from 3.1% in FY 2019). The increase in margin was driven by higher revenue. 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 3% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 13New 90-day low: €7.40The company is down 16% from its price of €8.80 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor 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 €11.89 per share.
お知らせ • Oct 13Micronics Japan Co., Ltd. to Report Q4, 2020 Results on Nov 11, 2020Micronics Japan Co., Ltd. announced that they will report Q4, 2020 results on Nov 11, 2020
お知らせ • Oct 05Micronics Japan Co. Ltd. to Report Q2, 2010 Results on 05/13/2010Micronics Japan Co. Ltd. announced that they will report Q2, 2010 results on 05/13/2010
