View Financial HealthOtsuka 配当と自社株買い配当金 基準チェック /56Otsukaは配当を支払う会社で、現在の利回りは3.29%ですが、利益によって十分にカバーされています。次の支払い日は 3rd September, 2026で、権利落ち日は29th June, 2026 。主要情報3.3%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り3.8%配当成長12.6%次回配当支払日03 Sep 26配当落ち日29 Jun 26一株当たり配当金n/a配当性向51%最近の配当と自社株買いの更新Declared Dividend • May 21Dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 3rd September 2026 Dividend yield will be 312%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 03+ 3 more updatesOtsuka Corporation Provides Dividend Guidance for the Second Quarter End of Fiscal Year Ending March 31, 2026Otsuka Corporation provided dividend guidance for the second quarter end of fiscal year ending March 31, 2026. For the quarter, the company expects dividend of JPY 50.00 per share compared to JPY 45.00 per share a year ago.お知らせ • Oct 31Otsuka Corporation Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2025Otsuka Corporation provided year end dividend guidance for the fiscal year ending December 31, 2025. For the period, the company expected year end dividend of JPY 40 per share.Declared Dividend • Aug 07Dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 352%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Dec 21Upcoming dividend of JP¥130 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.1%).Upcoming Dividend • Dec 22Upcoming dividend of JP¥125 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 55% and the cash payout ratio is 75%. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.9%).すべての更新を表示Recent updatesDeclared Dividend • May 21Dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 3rd September 2026 Dividend yield will be 312%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • May 21Less 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. 7 non-independent directors. Independent Outside Director Suzumura Fumito 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 21Otsuka Corporation to Report Q1, 2026 Results on Apr 30, 2026Otsuka Corporation announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Feb 27Otsuka Corporation, Annual General Meeting, Mar 27, 2026Otsuka Corporation, Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time.お知らせ • Feb 21Otsuka Corporation Announces Resignation of Makiko Hamabe as Outside Director, Effective February 20, 2026Otsuka Corporation announced Resignation of Makiko Hamabe as Outside Director, effective February 20, 2026, Due to personal reasons.お知らせ • Feb 03+ 3 more updatesOtsuka Corporation Provides Dividend Guidance for the Second Quarter End of Fiscal Year Ending March 31, 2026Otsuka Corporation provided dividend guidance for the second quarter end of fiscal year ending March 31, 2026. For the quarter, the company expects dividend of JPY 50.00 per share compared to JPY 45.00 per share a year ago.お知らせ • Oct 31Otsuka Corporation Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2025Otsuka Corporation provided year end dividend guidance for the fiscal year ending December 31, 2025. For the period, the company expected year end dividend of JPY 40 per share.お知らせ • Oct 15Otsuka Corporation to Report Q3, 2025 Results on Oct 31, 2025Otsuka Corporation announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jul 15Otsuka Corporation to Report Q2, 2025 Results on Aug 01, 2025Otsuka Corporation announced that they will report Q2, 2025 results on Aug 01, 2025お知らせ • Apr 12Otsuka Corporation to Report Q1, 2025 Results on Apr 30, 2025Otsuka Corporation announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Feb 03Otsuka Corporation, Annual General Meeting, Mar 27, 2025Otsuka Corporation, Annual General Meeting, Mar 27, 2025.お知らせ • Jan 17Otsuka Corporation to Report Fiscal Year 2024 Results on Feb 03, 2025Otsuka Corporation announced that they will report fiscal year 2024 results on Feb 03, 2025Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: JP¥25.58 (vs JP¥20.35 in 3Q 2023)Third quarter 2024 results: EPS: JP¥25.58 (up from JP¥20.35 in 3Q 2023). Revenue: JP¥252.5b (up 15% from 3Q 2023). Net income: JP¥9.70b (up 26% from 3Q 2023). Profit margin: 3.8% (up from 3.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 16Otsuka Corporation to Report Q3, 2024 Results on Oct 31, 2024Otsuka Corporation announced that they will report Q3, 2024 results on Oct 31, 2024Declared Dividend • Aug 07Dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 352%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: JP¥26.81 (vs JP¥36.46 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.81. Revenue: JP¥303.1b (up 8.8% from 2Q 2023). Net income: JP¥15.3b (up 10% from 2Q 2023). Profit margin: 5.0% (in line with 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in Germany.お知らせ • Jul 14Otsuka Corporation to Report Q2, 2024 Results on Aug 01, 2024Otsuka Corporation announced that they will report Q2, 2024 results on Aug 01, 2024Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥61.60 (vs JP¥30.57 in 1Q 2023)First quarter 2024 results: EPS: JP¥61.60 (up from JP¥30.57 in 1Q 2023). Revenue: JP¥266.7b (up 9.9% from 1Q 2023). Net income: JP¥11.7b (flat on 1Q 2023). Profit margin: 4.4% (down from 4.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% 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 • Apr 14Otsuka Corporation to Report Q1, 2024 Results on Apr 30, 2024Otsuka Corporation announced that they will report Q1, 2024 results on Apr 30, 2024Buy Or Sell Opportunity • Feb 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to €39.00. The fair value is estimated to be €32.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 3.7%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 7.5% per annum over the same time period.Reported Earnings • Feb 03Full year 2023 earnings released: EPS: JP¥250 (vs JP¥211 in FY 2022)Full year 2023 results: EPS: JP¥250 (up from JP¥211 in FY 2022). Revenue: JP¥977.4b (up 14% from FY 2022). Net income: JP¥47.4b (up 19% from FY 2022). Profit margin: 4.9% (up from 4.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Feb 01Otsuka Corporation, Annual General Meeting, Mar 27, 2024Otsuka Corporation, Annual General Meeting, Mar 27, 2024.お知らせ • Jan 18Otsuka Corporation to Report Fiscal Year 2023 Results on Feb 01, 2024Otsuka Corporation announced that they will report fiscal year 2023 results on Feb 01, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥130 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.1%).お知らせ • Oct 18Otsuka Corporation to Report Q3, 2023 Results on Oct 31, 2023Otsuka Corporation announced that they will report Q3, 2023 results on Oct 31, 2023Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: JP¥72.92 (vs JP¥65.03 in 2Q 2022)Second quarter 2023 results: EPS: JP¥72.92 (up from JP¥65.03 in 2Q 2022). Revenue: JP¥278.4b (up 18% from 2Q 2022). Net income: JP¥13.8b (up 12% from 2Q 2022). Profit margin: 5.0% (down from 5.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Jul 15Otsuka Corporation to Report Q2, 2023 Results on Aug 01, 2023Otsuka Corporation announced that they will report Q2, 2023 results on Aug 01, 2023Reported Earnings • Apr 02Full year 2022 earnings released: EPS: JP¥211 (vs JP¥211 in FY 2021)Full year 2022 results: EPS: JP¥211 (up from JP¥211 in FY 2021). Revenue: JP¥861.0b (up 1.1% from FY 2021). Net income: JP¥40.0b (flat on FY 2021). Profit margin: 4.6% (down from 4.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Feb 03Otsuka Corporation, Annual General Meeting, Mar 29, 2023Otsuka Corporation, Annual General Meeting, Mar 29, 2023.Reported Earnings • Feb 02Full year 2022 earnings released: EPS: JP¥211 (vs JP¥211 in FY 2021)Full year 2022 results: EPS: JP¥211 (up from JP¥211 in FY 2021). Revenue: JP¥861.0b (up 1.1% from FY 2021). Net income: JP¥40.0b (flat on FY 2021). Profit margin: 4.6% (down from 4.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.お知らせ • Jan 18Otsuka Corporation to Report Fiscal Year 2022 Results on Feb 01, 2023Otsuka Corporation announced that they will report fiscal year 2022 results on Feb 01, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥125 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 55% and the cash payout ratio is 75%. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.9%).Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: JP¥36.35 (vs JP¥42.91 in 3Q 2021)Third quarter 2022 results: EPS: JP¥36.35 (down from JP¥42.91 in 3Q 2021). Revenue: JP¥196.9b (up 2.2% from 3Q 2021). Net income: JP¥6.89b (down 15% from 3Q 2021). Profit margin: 3.5% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.Board Change • Nov 16Less 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. 7 non-independent directors. Independent Outside Director Makiko Hamabe was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: JP¥36.35 (vs JP¥42.91 in 3Q 2021)Third quarter 2022 results: EPS: JP¥36.35 (down from JP¥42.91 in 3Q 2021). Revenue: JP¥196.9b (up 2.2% from 3Q 2021). Net income: JP¥6.89b (down 15% from 3Q 2021). Profit margin: 3.5% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Oct 16Otsuka Corporation to Report Q3, 2022 Results on Oct 31, 2022Otsuka Corporation announced that they will report Q3, 2022 results on Oct 31, 2022Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to €35.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the IT industry in Germany. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €44.84 per share.Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: JP¥65.03 (vs JP¥64.19 in 2Q 2021)Second quarter 2022 results: EPS: JP¥65.03 (up from JP¥64.19 in 2Q 2021). Revenue: JP¥235.3b (up 3.5% from 2Q 2021). Net income: JP¥12.3b (up 1.3% from 2Q 2021). Profit margin: 5.2% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.2%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.お知らせ • Jul 15Otsuka Corporation to Report Q2, 2022 Results on Aug 01, 2022Otsuka Corporation announced that they will report Q2, 2022 results on Aug 01, 2022Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: JP¥55.48 (vs JP¥60.58 in 1Q 2021)First quarter 2022 results: EPS: JP¥55.48 (down from JP¥60.58 in 1Q 2021). Revenue: JP¥210.1b (down 12% from 1Q 2021). Net income: JP¥10.5b (down 8.4% from 1Q 2021). Profit margin: 5.0% (up from 4.8% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 3.0%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less 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. 7 non-independent directors. Independent Outside Director Makiko Hamabe was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 17Otsuka Corporation to Report Q1, 2022 Results on Apr 28, 2022Otsuka Corporation announced that they will report Q1, 2022 results on Apr 28, 2022Reported Earnings • Apr 03Full year 2021 earnings released: EPS: JP¥211 (vs JP¥207 in FY 2020)Full year 2021 results: EPS: JP¥211 (up from JP¥207 in FY 2020). Revenue: JP¥851.9b (up 1.9% from FY 2020). Net income: JP¥39.9b (up 1.6% from FY 2020). Profit margin: 4.7% (in line with FY 2020). Over the next year, revenue is forecast to stay flat compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Feb 03Otsuka Corporation, Annual General Meeting, Mar 29, 2022Otsuka Corporation, Annual General Meeting, Mar 29, 2022.Reported Earnings • Feb 02Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: JP¥211 (up from JP¥207 in FY 2020). Revenue: JP¥851.9b (up 1.9% from FY 2020). Net income: JP¥39.9b (up 1.6% from FY 2020). Profit margin: 4.7% (in line with FY 2020). Revenue missed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 5.8%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.Buying Opportunity • Jan 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥48.24, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% per annum over the last 3 years. Earnings per share has grown by 6.2% per annum over the last 3 years.Upcoming Dividend • Dec 23Upcoming dividend of JP¥120 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.0%).Reported Earnings • Oct 30Third quarter 2021 earnings released: EPS JP¥33.04 (vs JP¥48.84 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥185.5b (down 8.0% from 3Q 2020). Net income: JP¥6.26b (down 32% from 3Q 2020). Profit margin: 3.4% (down from 4.6% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS JP¥64.19 (vs JP¥52.25 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥227.3b (up 8.9% from 2Q 2020). Net income: JP¥12.2b (up 23% from 2Q 2020). Profit margin: 5.4% (up from 4.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS JP¥60.58 (vs JP¥57.39 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¥239.4b (up 6.7% from 1Q 2020). Net income: JP¥11.5b (up 5.6% from 1Q 2020). Profit margin: 4.8% (down from 4.9% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Apr 02Full year 2020 earnings released: EPS JP¥207 (vs JP¥229 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥836.3b (down 5.7% from FY 2019). Net income: JP¥39.3b (down 9.6% from FY 2019). Profit margin: 4.7% (down from 4.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 25New 90-day low: €38.00The company is down 5.0% from its price of €40.00 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.52 per share.お知らせ • Feb 04Otsuka Corporation, Annual General Meeting, Mar 26, 2021Otsuka Corporation, Annual General Meeting, Mar 26, 2021.Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 3.8%, compared to a 12% growth forecast for the IT industry in Germany.お知らせ • Jan 17Otsuka Corporation to Report Fiscal Year 2020 Results on Feb 01, 2021Otsuka Corporation announced that they will report fiscal year 2020 results on Feb 01, 2021Is New 90 Day High Low • Dec 29New 90-day high: €44.40The company is up 5.0% from its price of €42.40 on 30 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.92 per share.Upcoming Dividend • Dec 22Upcoming Dividend of JP¥115 Per ShareWill be paid on the 30th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.2% is below the top quartile of German dividend payers (3.5%), but it is higher than industry peers (1.0%).Analyst Estimate Surprise Post Earnings • Nov 12Revenue misses expectationsRevenue missed analyst estimates by 6.7%. Over the next year, revenue is forecast to grow 3.2%, compared to a 9.3% growth forecast for the IT industry in Germany.Reported Earnings • Nov 12Third quarter 2020 earnings released: EPS JP¥40.52The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: JP¥188.3b (down 13% from 3Q 2019). Net income: JP¥7.68b (down 12% from 3Q 2019). Profit margin: 4.1% (up from 4.0% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.Is New 90 Day High Low • Nov 11New 90-day low: €38.20The company is down 9.0% from its price of €42.00 on 13 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.18 per share.Is New 90 Day High Low • Oct 21New 90-day low: €39.60The company is down 10.0% from its price of €44.00 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.48 per share.お知らせ • Jul 19Otsuka Corporation to Report Q2, 2020 Results on Aug 07, 2020Otsuka Corporation announced that they will report Q2, 2020 results on Aug 07, 2020配当金の支払いについて今日May 23 2026配当落ち日Jun 29 2026配当支払日Sep 03 202666 days 配当落ちから次の36 days 、次の配当を受け取るために購入する。決済の安定と成長配当データの取得安定した配当: OTKの1株当たり配当金は過去10年間安定しています。増加する配当: OTKの配当金は過去10年間にわたって増加しています。配当利回り対市場Otsuka 配当利回り対市場OTK 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (OTK)3.3%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (IT)2.2%アナリスト予想 (OTK) (最長3年)3.8%注目すべき配当: OTKの配当金 ( 3.29% ) はGerman市場の配当金支払者の下位 25% ( 1.54% ) よりも高くなっています。高配当: OTKの配当金 ( 3.29% ) はGerman市場の配当金支払者の上位 25% ( 4.55% ) と比較すると低いです。株主への利益配当収益カバレッジ: OTKの配当金は、合理的な 配当性向 ( 51.3% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: OTKの 現金配当性向 ( 37.7% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management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2026/05/24 20:36終値2026/05/22 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Otsuka 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Yuki KanekoBofA Global ResearchHideo NodaCLSAnull nullDaiwa Securities Co. Ltd.21 その他のアナリストを表示
Declared Dividend • May 21Dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 3rd September 2026 Dividend yield will be 312%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 03+ 3 more updatesOtsuka Corporation Provides Dividend Guidance for the Second Quarter End of Fiscal Year Ending March 31, 2026Otsuka Corporation provided dividend guidance for the second quarter end of fiscal year ending March 31, 2026. For the quarter, the company expects dividend of JPY 50.00 per share compared to JPY 45.00 per share a year ago.
お知らせ • Oct 31Otsuka Corporation Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2025Otsuka Corporation provided year end dividend guidance for the fiscal year ending December 31, 2025. For the period, the company expected year end dividend of JPY 40 per share.
Declared Dividend • Aug 07Dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 352%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥130 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.1%).
Upcoming Dividend • Dec 22Upcoming dividend of JP¥125 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 55% and the cash payout ratio is 75%. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.9%).
Declared Dividend • May 21Dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 3rd September 2026 Dividend yield will be 312%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • May 21Less 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. 7 non-independent directors. Independent Outside Director Suzumura Fumito 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 21Otsuka Corporation to Report Q1, 2026 Results on Apr 30, 2026Otsuka Corporation announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Feb 27Otsuka Corporation, Annual General Meeting, Mar 27, 2026Otsuka Corporation, Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time.
お知らせ • Feb 21Otsuka Corporation Announces Resignation of Makiko Hamabe as Outside Director, Effective February 20, 2026Otsuka Corporation announced Resignation of Makiko Hamabe as Outside Director, effective February 20, 2026, Due to personal reasons.
お知らせ • Feb 03+ 3 more updatesOtsuka Corporation Provides Dividend Guidance for the Second Quarter End of Fiscal Year Ending March 31, 2026Otsuka Corporation provided dividend guidance for the second quarter end of fiscal year ending March 31, 2026. For the quarter, the company expects dividend of JPY 50.00 per share compared to JPY 45.00 per share a year ago.
お知らせ • Oct 31Otsuka Corporation Provides Year End Dividend Guidance for the Fiscal Year Ending December 31, 2025Otsuka Corporation provided year end dividend guidance for the fiscal year ending December 31, 2025. For the period, the company expected year end dividend of JPY 40 per share.
お知らせ • Oct 15Otsuka Corporation to Report Q3, 2025 Results on Oct 31, 2025Otsuka Corporation announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jul 15Otsuka Corporation to Report Q2, 2025 Results on Aug 01, 2025Otsuka Corporation announced that they will report Q2, 2025 results on Aug 01, 2025
お知らせ • Apr 12Otsuka Corporation to Report Q1, 2025 Results on Apr 30, 2025Otsuka Corporation announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Feb 03Otsuka Corporation, Annual General Meeting, Mar 27, 2025Otsuka Corporation, Annual General Meeting, Mar 27, 2025.
お知らせ • Jan 17Otsuka Corporation to Report Fiscal Year 2024 Results on Feb 03, 2025Otsuka Corporation announced that they will report fiscal year 2024 results on Feb 03, 2025
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: JP¥25.58 (vs JP¥20.35 in 3Q 2023)Third quarter 2024 results: EPS: JP¥25.58 (up from JP¥20.35 in 3Q 2023). Revenue: JP¥252.5b (up 15% from 3Q 2023). Net income: JP¥9.70b (up 26% from 3Q 2023). Profit margin: 3.8% (up from 3.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 16Otsuka Corporation to Report Q3, 2024 Results on Oct 31, 2024Otsuka Corporation announced that they will report Q3, 2024 results on Oct 31, 2024
Declared Dividend • Aug 07Dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 352%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: JP¥26.81 (vs JP¥36.46 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.81. Revenue: JP¥303.1b (up 8.8% from 2Q 2023). Net income: JP¥15.3b (up 10% from 2Q 2023). Profit margin: 5.0% (in line with 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the IT industry in Germany.
お知らせ • Jul 14Otsuka Corporation to Report Q2, 2024 Results on Aug 01, 2024Otsuka Corporation announced that they will report Q2, 2024 results on Aug 01, 2024
Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥61.60 (vs JP¥30.57 in 1Q 2023)First quarter 2024 results: EPS: JP¥61.60 (up from JP¥30.57 in 1Q 2023). Revenue: JP¥266.7b (up 9.9% from 1Q 2023). Net income: JP¥11.7b (flat on 1Q 2023). Profit margin: 4.4% (down from 4.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% 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 • Apr 14Otsuka Corporation to Report Q1, 2024 Results on Apr 30, 2024Otsuka Corporation announced that they will report Q1, 2024 results on Apr 30, 2024
Buy Or Sell Opportunity • Feb 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to €39.00. The fair value is estimated to be €32.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 3.7%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 7.5% per annum over the same time period.
Reported Earnings • Feb 03Full year 2023 earnings released: EPS: JP¥250 (vs JP¥211 in FY 2022)Full year 2023 results: EPS: JP¥250 (up from JP¥211 in FY 2022). Revenue: JP¥977.4b (up 14% from FY 2022). Net income: JP¥47.4b (up 19% from FY 2022). Profit margin: 4.9% (up from 4.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Feb 01Otsuka Corporation, Annual General Meeting, Mar 27, 2024Otsuka Corporation, Annual General Meeting, Mar 27, 2024.
お知らせ • Jan 18Otsuka Corporation to Report Fiscal Year 2023 Results on Feb 01, 2024Otsuka Corporation announced that they will report fiscal year 2023 results on Feb 01, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥130 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (2.1%).
お知らせ • Oct 18Otsuka Corporation to Report Q3, 2023 Results on Oct 31, 2023Otsuka Corporation announced that they will report Q3, 2023 results on Oct 31, 2023
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: JP¥72.92 (vs JP¥65.03 in 2Q 2022)Second quarter 2023 results: EPS: JP¥72.92 (up from JP¥65.03 in 2Q 2022). Revenue: JP¥278.4b (up 18% from 2Q 2022). Net income: JP¥13.8b (up 12% from 2Q 2022). Profit margin: 5.0% (down from 5.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Jul 15Otsuka Corporation to Report Q2, 2023 Results on Aug 01, 2023Otsuka Corporation announced that they will report Q2, 2023 results on Aug 01, 2023
Reported Earnings • Apr 02Full year 2022 earnings released: EPS: JP¥211 (vs JP¥211 in FY 2021)Full year 2022 results: EPS: JP¥211 (up from JP¥211 in FY 2021). Revenue: JP¥861.0b (up 1.1% from FY 2021). Net income: JP¥40.0b (flat on FY 2021). Profit margin: 4.6% (down from 4.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Feb 03Otsuka Corporation, Annual General Meeting, Mar 29, 2023Otsuka Corporation, Annual General Meeting, Mar 29, 2023.
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: JP¥211 (vs JP¥211 in FY 2021)Full year 2022 results: EPS: JP¥211 (up from JP¥211 in FY 2021). Revenue: JP¥861.0b (up 1.1% from FY 2021). Net income: JP¥40.0b (flat on FY 2021). Profit margin: 4.6% (down from 4.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
お知らせ • Jan 18Otsuka Corporation to Report Fiscal Year 2022 Results on Feb 01, 2023Otsuka Corporation announced that they will report fiscal year 2022 results on Feb 01, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥125 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 55% and the cash payout ratio is 75%. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.9%).
Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: JP¥36.35 (vs JP¥42.91 in 3Q 2021)Third quarter 2022 results: EPS: JP¥36.35 (down from JP¥42.91 in 3Q 2021). Revenue: JP¥196.9b (up 2.2% from 3Q 2021). Net income: JP¥6.89b (down 15% from 3Q 2021). Profit margin: 3.5% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.
Board Change • Nov 16Less 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. 7 non-independent directors. Independent Outside Director Makiko Hamabe was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: JP¥36.35 (vs JP¥42.91 in 3Q 2021)Third quarter 2022 results: EPS: JP¥36.35 (down from JP¥42.91 in 3Q 2021). Revenue: JP¥196.9b (up 2.2% from 3Q 2021). Net income: JP¥6.89b (down 15% from 3Q 2021). Profit margin: 3.5% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Oct 16Otsuka Corporation to Report Q3, 2022 Results on Oct 31, 2022Otsuka Corporation announced that they will report Q3, 2022 results on Oct 31, 2022
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to €35.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the IT industry in Germany. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €44.84 per share.
Reported Earnings • Aug 02Second quarter 2022 earnings released: EPS: JP¥65.03 (vs JP¥64.19 in 2Q 2021)Second quarter 2022 results: EPS: JP¥65.03 (up from JP¥64.19 in 2Q 2021). Revenue: JP¥235.3b (up 3.5% from 2Q 2021). Net income: JP¥12.3b (up 1.3% from 2Q 2021). Profit margin: 5.2% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.2%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.
お知らせ • Jul 15Otsuka Corporation to Report Q2, 2022 Results on Aug 01, 2022Otsuka Corporation announced that they will report Q2, 2022 results on Aug 01, 2022
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: JP¥55.48 (vs JP¥60.58 in 1Q 2021)First quarter 2022 results: EPS: JP¥55.48 (down from JP¥60.58 in 1Q 2021). Revenue: JP¥210.1b (down 12% from 1Q 2021). Net income: JP¥10.5b (down 8.4% from 1Q 2021). Profit margin: 5.0% (up from 4.8% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 3.0%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less 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. 7 non-independent directors. Independent Outside Director Makiko Hamabe was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 17Otsuka Corporation to Report Q1, 2022 Results on Apr 28, 2022Otsuka Corporation announced that they will report Q1, 2022 results on Apr 28, 2022
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: JP¥211 (vs JP¥207 in FY 2020)Full year 2021 results: EPS: JP¥211 (up from JP¥207 in FY 2020). Revenue: JP¥851.9b (up 1.9% from FY 2020). Net income: JP¥39.9b (up 1.6% from FY 2020). Profit margin: 4.7% (in line with FY 2020). Over the next year, revenue is forecast to stay flat compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Feb 03Otsuka Corporation, Annual General Meeting, Mar 29, 2022Otsuka Corporation, Annual General Meeting, Mar 29, 2022.
Reported Earnings • Feb 02Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: JP¥211 (up from JP¥207 in FY 2020). Revenue: JP¥851.9b (up 1.9% from FY 2020). Net income: JP¥39.9b (up 1.6% from FY 2020). Profit margin: 4.7% (in line with FY 2020). Revenue missed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 5.8%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.
Buying Opportunity • Jan 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥48.24, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% per annum over the last 3 years. Earnings per share has grown by 6.2% per annum over the last 3 years.
Upcoming Dividend • Dec 23Upcoming dividend of JP¥120 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.0%).
Reported Earnings • Oct 30Third quarter 2021 earnings released: EPS JP¥33.04 (vs JP¥48.84 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥185.5b (down 8.0% from 3Q 2020). Net income: JP¥6.26b (down 32% from 3Q 2020). Profit margin: 3.4% (down from 4.6% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS JP¥64.19 (vs JP¥52.25 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥227.3b (up 8.9% from 2Q 2020). Net income: JP¥12.2b (up 23% from 2Q 2020). Profit margin: 5.4% (up from 4.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS JP¥60.58 (vs JP¥57.39 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¥239.4b (up 6.7% from 1Q 2020). Net income: JP¥11.5b (up 5.6% from 1Q 2020). Profit margin: 4.8% (down from 4.9% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Apr 02Full year 2020 earnings released: EPS JP¥207 (vs JP¥229 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥836.3b (down 5.7% from FY 2019). Net income: JP¥39.3b (down 9.6% from FY 2019). Profit margin: 4.7% (down from 4.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 25New 90-day low: €38.00The company is down 5.0% from its price of €40.00 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.52 per share.
お知らせ • Feb 04Otsuka Corporation, Annual General Meeting, Mar 26, 2021Otsuka Corporation, Annual General Meeting, Mar 26, 2021.
Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 3.8%, compared to a 12% growth forecast for the IT industry in Germany.
お知らせ • Jan 17Otsuka Corporation to Report Fiscal Year 2020 Results on Feb 01, 2021Otsuka Corporation announced that they will report fiscal year 2020 results on Feb 01, 2021
Is New 90 Day High Low • Dec 29New 90-day high: €44.40The company is up 5.0% from its price of €42.40 on 30 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.92 per share.
Upcoming Dividend • Dec 22Upcoming Dividend of JP¥115 Per ShareWill be paid on the 30th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.2% is below the top quartile of German dividend payers (3.5%), but it is higher than industry peers (1.0%).
Analyst Estimate Surprise Post Earnings • Nov 12Revenue misses expectationsRevenue missed analyst estimates by 6.7%. Over the next year, revenue is forecast to grow 3.2%, compared to a 9.3% growth forecast for the IT industry in Germany.
Reported Earnings • Nov 12Third quarter 2020 earnings released: EPS JP¥40.52The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: JP¥188.3b (down 13% from 3Q 2019). Net income: JP¥7.68b (down 12% from 3Q 2019). Profit margin: 4.1% (up from 4.0% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.
Is New 90 Day High Low • Nov 11New 90-day low: €38.20The company is down 9.0% from its price of €42.00 on 13 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.18 per share.
Is New 90 Day High Low • Oct 21New 90-day low: €39.60The company is down 10.0% from its price of €44.00 on 22 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.48 per share.
お知らせ • Jul 19Otsuka Corporation to Report Q2, 2020 Results on Aug 07, 2020Otsuka Corporation announced that they will report Q2, 2020 results on Aug 07, 2020