View ValuationJapan Aviation Electronics Industry 将来の成長Future 基準チェック /26Japan Aviation Electronics Industry利益と収益がそれぞれ年間19.8%と3.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に9.4% 19.9%なると予測されています。主要情報19.8%収益成長率19.88%EPS成長率Electronic 収益成長33.4%収益成長率3.8%将来の株主資本利益率9.40%アナリストカバレッジGood最終更新日27 Apr 2026今後の成長に関する最新情報お知らせ • Jan 28+ 1 more updateJapan Aviation Electronics Industry, Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited revised Consolidated earnings guidance for the Fiscal Year Ending March 31, 2023. For the year, the company expects net sales to be JPY 233,000 million, operating profit to be JPY 18,500 million, profit attributable to owners of parent to be JPY 14,500 million and basic earnings per share to be JPY 159.24 compared to previous guidance of net sales of JPY 250,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 18,500 million basic earnings per share of JPY 203.18.お知らせ • Oct 26+ 1 more updateJapan Aviation Electronics Industry, Limited Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 250,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 18,500 million and basic earnings per share of JPY 203.18.お知らせ • Apr 28+ 2 more updatesJapan Aviation Electronics Industry, Limited Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided earnings guidance for the first half and full year ending March 31, 2023. For the first half, the company expected Net sales of JPY 121,000 million, Operating profit of JPY 9,500 million, Profit attributable to owners of parent of JPY 6,700 million, Basic earnings per share of JPY 73.63. For the full year, the company expected Net sales of JPY 245,000 million, Operating profit of JPY 20,000 million, Profit attributable to owners of parent of JPY 14,350 million, Basic earnings per share of JPY 157.71.すべての更新を表示Recent updatesBoard Change • May 20High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Managing Executive Officer & Director Noritaka Hiyama was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 24Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 24, 2026Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 24, 2026.お知らせ • Apr 21Japan Aviation Electronics Industry, Limited to Report Fiscal Year 2026 Results on Apr 24, 2026Japan Aviation Electronics Industry, Limited announced that they will report fiscal year 2026 results on Apr 24, 2026お知らせ • Dec 26Japan Aviation Electronics Industry, Limited to Report Q3, 2026 Results on Jan 28, 2026Japan Aviation Electronics Industry, Limited announced that they will report Q3, 2026 results on Jan 28, 2026お知らせ • Sep 25Japan Aviation Electronics Industry, Limited to Report Q2, 2026 Results on Oct 29, 2025Japan Aviation Electronics Industry, Limited announced that they will report Q2, 2026 results on Oct 29, 2025お知らせ • Jun 27Japan Aviation Electronics Industry, Limited to Report Q1, 2026 Results on Jul 23, 2025Japan Aviation Electronics Industry, Limited announced that they will report Q1, 2026 results on Jul 23, 2025お知らせ • Apr 23Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 19, 2025Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 19, 2025.お知らせ • Mar 22Japan Aviation Electronics Industry, Limited to Report Fiscal Year 2025 Results on Apr 23, 2025Japan Aviation Electronics Industry, Limited announced that they will report fiscal year 2025 results on Apr 23, 2025お知らせ • Jan 03Japan Aviation Electronics Industry, Limited to Report Q3, 2025 Results on Jan 29, 2025Japan Aviation Electronics Industry, Limited announced that they will report Q3, 2025 results on Jan 29, 2025Buy Or Sell Opportunity • Nov 13Now 21% undervaluedOver the last 90 days, the stock has risen 20% to €17.00. The fair value is estimated to be €21.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.7%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period.Reported Earnings • Oct 24Second quarter 2025 earnings released: EPS: JP¥51.88 (vs JP¥46.19 in 2Q 2024)Second quarter 2025 results: EPS: JP¥51.88. Revenue: JP¥57.9b (down 5.9% from 2Q 2024). Net income: JP¥3.50b (down 17% from 2Q 2024). Profit margin: 6.0% (down from 6.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany.お知らせ • Sep 25Japan Aviation Electronics Industry, Limited to Report Q2, 2025 Results on Oct 23, 2024Japan Aviation Electronics Industry, Limited announced that they will report Q2, 2025 results on Oct 23, 2024お知らせ • Sep 23Japan Aviation Electronics Industry, Limited(TSE:6807) dropped from FTSE All-World Index (USD)Japan Aviation Electronics Industry, Limited(TSE:6807) dropped from FTSE All-World Index (USD)Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €12.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 1.9% over the past three years.Reported Earnings • Jul 26First quarter 2025 earnings released: EPS: JP¥46.56 (vs JP¥27.44 in 1Q 2024)First quarter 2025 results: EPS: JP¥46.56 (up from JP¥27.44 in 1Q 2024). Revenue: JP¥55.6b (up 7.4% from 1Q 2024). Net income: JP¥3.14b (up 25% from 1Q 2024). Profit margin: 5.6% (up from 4.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.Declared Dividend • Jul 11Final dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 201%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 16% 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 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 23Japan Aviation Electronics Industry, Limited to Report Q1, 2025 Results on Jul 24, 2024Japan Aviation Electronics Industry, Limited announced that they will report Q1, 2025 results on Jul 24, 2024Reported Earnings • Jun 23Full year 2024 earnings released: EPS: JP¥137 (vs JP¥161 in FY 2023)Full year 2024 results: EPS: JP¥137 (down from JP¥161 in FY 2023). Revenue: JP¥225.8b (down 4.3% from FY 2023). Net income: JP¥12.2b (down 16% from FY 2023). Profit margin: 5.4% (down from 6.2% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic 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 only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 25Full year 2024 earnings released: EPS: JP¥137 (vs JP¥161 in FY 2023)Full year 2024 results: EPS: JP¥137 (down from JP¥161 in FY 2023). Revenue: JP¥225.8b (down 4.3% from FY 2023). Net income: JP¥12.2b (down 16% from FY 2023). Profit margin: 5.4% (down from 6.2% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.お知らせ • Apr 24Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 19, 2024Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 19, 2024.お知らせ • Mar 24Japan Aviation Electronics Industry, Limited to Report Fiscal Year 2024 Results on Apr 24, 2024Japan Aviation Electronics Industry, Limited announced that they will report fiscal year 2024 results on Apr 24, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.5%).New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €15.60, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Germany. Total returns to shareholders of 3.3% over the past year.Reported Earnings • Jan 30Third quarter 2024 earnings released: EPS: JP¥44.59 (vs JP¥29.63 in 3Q 2023)Third quarter 2024 results: EPS: JP¥44.59 (up from JP¥29.63 in 3Q 2023). Revenue: JP¥58.1b (down 5.7% from 3Q 2023). Net income: JP¥4.07b (up 51% from 3Q 2023). Profit margin: 7.0% (up from 4.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany.お知らせ • Jan 30NEC Reportedly Plans to Cut Stake Japan Aviation Electronics IndustryJapan Aviation Electronics Industry, Limited (TSE:6807) shares slid in the wake of weak quarterly results and news that its parent company NEC Corporation (TSE:6701) plans to cut its stake in the electronics maker. Shares in Japan Aviation were recently 17% lower at JPY 2,526 after falling as much as 18% earlier Tuesday. Parent NEC Corp.'s shares were recently down 1.0%.お知らせ • Jan 29Japan Aviation Electronics Industry, Limited Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Japan Aviation Electronics Industry, Limited provided dividend guidance for the Fiscal year ending March 31, 2024. For the year, the company expects dividend of JPY 25.00 per share against JPY 25.00 per share a year ago.お知らせ • Dec 27Japan Aviation Electronics Industry, Limited to Report Q3, 2024 Results on Jan 29, 2024Japan Aviation Electronics Industry, Limited announced that they will report Q3, 2024 results on Jan 29, 2024Reported Earnings • Oct 30Second quarter 2024 earnings released: EPS: JP¥46.19 (vs JP¥53.51 in 2Q 2023)Second quarter 2024 results: EPS: JP¥46.19 (down from JP¥53.51 in 2Q 2023). Revenue: JP¥61.6b (down 6.4% from 2Q 2023). Net income: JP¥4.21b (down 14% from 2Q 2023). Profit margin: 6.8% (down from 7.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Germany.お知らせ • Oct 29+ 1 more updateJapan Aviation Electronics Industry, Limited Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2024, Payable on December 4, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Japan Aviation Electronics Industry, Limited announced dividend for the second quarter of Fiscal year ending March 31, 2024, payable on December 4, 2023 and provided dividend guidance for the Fiscal year ending March 31, 2024. For the quarter, company announced dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago. Scheduled date of commencing dividend payments: December 4, 2023. For the year-end, company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.お知らせ • Sep 27Japan Aviation Electronics Industry, Limited to Report Q2, 2024 Results on Oct 27, 2023Japan Aviation Electronics Industry, Limited announced that they will report Q2, 2024 results on Oct 27, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%).Buying Opportunity • Aug 01Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €22.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 8.6% in 2 years. Earnings is forecast to grow by 47% in the next 2 years.New Risk • Jul 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.9% Last year net profit margin: 7.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.お知らせ • Jul 29+ 1 more updateJapan Aviation Electronics Industry, Limited Provides Dividend Guidance for the Second Quarter and Year End for the Fiscal Year Ending March 31, 2024Japan Aviation Electronics Industry, Limited provided dividend guidance for the second quarter and year end for the fiscal year ending March 31, 2024. The company expects to pay dividend of JPY 25.00 per share for the second quarter of fiscal year ending March 31, 2024 compared to JPY 25.00 per share paid a year ago. The company expects to pay year end dividend of JPY 25.00 per share for the year ending March 31, 2024 compared to JPY 25.00 per share paid a year ago.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥27.44 (vs JP¥64.32 in 1Q 2023)First quarter 2024 results: EPS: JP¥27.44 (down from JP¥64.32 in 1Q 2023). Revenue: JP¥51.7b (down 8.4% from 1Q 2023). Net income: JP¥2.50b (down 57% from 1Q 2023). Profit margin: 4.8% (down from 10% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.Buying Opportunity • Jul 07Now 20% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be €24.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings is also forecast to grow by 7.8% per annum over the same time period.Reported Earnings • Jun 25Full year 2023 earnings released: EPS: JP¥161 (vs JP¥157 in FY 2022)Full year 2023 results: EPS: JP¥161 (up from JP¥157 in FY 2022). Revenue: JP¥235.9b (up 4.8% from FY 2022). Net income: JP¥14.6b (up 2.2% from FY 2022). Profit margin: 6.2% (down from 6.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany.お知らせ • Jun 24Japan Aviation Electronics Industry, Limited to Report Q1, 2024 Results on Jul 27, 2023Japan Aviation Electronics Industry, Limited announced that they will report Q1, 2024 results on Jul 27, 2023Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥161 (vs JP¥157 in FY 2022)Full year 2023 results: EPS: JP¥161 (up from JP¥157 in FY 2022). Revenue: JP¥235.9b (up 4.8% from FY 2022). Net income: JP¥14.6b (up 2.2% from FY 2022). Profit margin: 6.2% (down from 6.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany.Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%).お知らせ • Jan 28+ 1 more updateJapan Aviation Electronics Industry, Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited revised Consolidated earnings guidance for the Fiscal Year Ending March 31, 2023. For the year, the company expects net sales to be JPY 233,000 million, operating profit to be JPY 18,500 million, profit attributable to owners of parent to be JPY 14,500 million and basic earnings per share to be JPY 159.24 compared to previous guidance of net sales of JPY 250,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 18,500 million basic earnings per share of JPY 203.18.Reported Earnings • Jan 28Third quarter 2023 earnings released: EPS: JP¥29.63 (vs JP¥40.00 in 3Q 2022)Third quarter 2023 results: EPS: JP¥29.63 (down from JP¥40.00 in 3Q 2022). Revenue: JP¥61.6b (up 6.6% from 3Q 2022). Net income: JP¥2.70b (down 26% from 3Q 2022). Profit margin: 4.4% (down from 6.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany.お知らせ • Dec 24Japan Aviation Electronics Industry, Limited to Report Q3, 2023 Results on Jan 27, 2023Japan Aviation Electronics Industry, Limited announced that they will report Q3, 2023 results on Jan 27, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥53.51 (vs JP¥45.12 in 2Q 2022)Second quarter 2023 results: EPS: JP¥53.51 (up from JP¥45.12 in 2Q 2022). Revenue: JP¥65.8b (up 11% from 2Q 2022). Net income: JP¥4.87b (up 19% from 2Q 2022). Profit margin: 7.4% (up from 6.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Shuichi Kashiwagi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to €15.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Electronic industry in Germany. Total returns to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €25.50 per share.Reported Earnings • Oct 27Second quarter 2023 earnings released: EPS: JP¥53.51 (vs JP¥45.12 in 2Q 2022)Second quarter 2023 results: EPS: JP¥53.51 (up from JP¥45.12 in 2Q 2022). Revenue: JP¥65.8b (up 11% from 2Q 2022). Net income: JP¥4.87b (up 19% from 2Q 2022). Profit margin: 7.4% (up from 6.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.お知らせ • Oct 26+ 1 more updateJapan Aviation Electronics Industry, Limited Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 250,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 18,500 million and basic earnings per share of JPY 203.18.お知らせ • Sep 24Japan Aviation Electronics Industry, Limited to Report Q2, 2023 Results on Oct 26, 2022Japan Aviation Electronics Industry, Limited announced that they will report Q2, 2023 results on Oct 26, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.2%).Reported Earnings • Jul 28First quarter 2023 earnings released: EPS: JP¥64.32 (vs JP¥29.47 in 1Q 2022)First quarter 2023 results: EPS: JP¥64.32 (up from JP¥29.47 in 1Q 2022). Revenue: JP¥56.5b (up 7.4% from 1Q 2022). Net income: JP¥5.85b (up 118% from 1Q 2022). Profit margin: 10% (up from 5.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 20% growth forecast for the industry in Germany.お知らせ • Jul 28+ 3 more updatesJapan Aviation Electronics Industry, Limited Provides Dividend Guidance for the Year-End of Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided dividend guidance for the year-end of fiscal year ending March 31, 2023. For the year-end, company expects dividend guidance of JPY 20.00 per share compared to JPY 20.00 per share a year ago.Board Change • Apr 28Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). President & Representative Director Tsutomu Onohara is the most experienced director on the board, commencing their role in 2010. Independent Outside Director Shuichi Kashiwagi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 28+ 2 more updatesJapan Aviation Electronics Industry, Limited Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided earnings guidance for the first half and full year ending March 31, 2023. For the first half, the company expected Net sales of JPY 121,000 million, Operating profit of JPY 9,500 million, Profit attributable to owners of parent of JPY 6,700 million, Basic earnings per share of JPY 73.63. For the full year, the company expected Net sales of JPY 245,000 million, Operating profit of JPY 20,000 million, Profit attributable to owners of parent of JPY 14,350 million, Basic earnings per share of JPY 157.71.お知らせ • Apr 08Japan Aviation Electronics Industry, Limited to Report Fiscal Year 2022 Results on Apr 27, 2022Japan Aviation Electronics Industry, Limited announced that they will report fiscal year 2022 results on Apr 27, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.7%).Reported Earnings • Jan 29Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥40.00 (up from JP¥21.42 in 3Q 2021). Revenue: JP¥57.7b (up 4.6% from 3Q 2021). Net income: JP¥3.64b (up 87% from 3Q 2021). Profit margin: 6.3% (up from 3.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 1.7%, compared to a 23% growth forecast for the industry in Germany.Reported Earnings • Oct 28Second quarter 2022 earnings released: EPS JP¥45.12 (vs JP¥19.35 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥59.5b (up 11% from 2Q 2021). Net income: JP¥4.10b (up 133% from 2Q 2021). Profit margin: 6.9% (up from 3.3% in 2Q 2021). The increase in margin was driven by higher revenue.Reported Earnings • Jul 30First quarter 2022 earnings released: EPS JP¥29.47 (vs JP¥14.59 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥52.5b (up 21% from 1Q 2021). Net income: JP¥2.68b (up JP¥4.01b from 1Q 2021). Profit margin: 5.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue.Board Change • Jul 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). President, GM of Connector Division & Representative Director Tsutomu Onohara is the most experienced director on the board, commencing their role in 2010. Independent Outside Director Shuichi Kashiwagi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Jun 27Full year 2021 earnings released: EPS JP¥62.58 (vs JP¥123 in FY 2020)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥209.7b (flat on FY 2020). Net income: JP¥5.69b (down 49% from FY 2020). Profit margin: 2.7% (down from 5.4% in FY 2020).業績と収益の成長予測DB:8N9 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029260,99412,792N/AN/A23/31/2028242,75011,5169,82330,02283/31/2027233,6259,9747,71727,77393/31/2026227,8727,069-6,75816,988N/A12/31/2025221,9787,421N/AN/AN/A9/30/2025218,6348,0778,44128,986N/A6/30/2025217,6899,312N/AN/AN/A3/31/2025221,64411,59218,29436,341N/A12/31/2024220,88410,188N/AN/AN/A9/30/2024225,94712,16518,95137,179N/A6/30/2024229,60712,881N/AN/AN/A3/31/2024225,78112,24514,48934,859N/A12/31/2023223,45211,992N/AN/AN/A9/30/2023226,94310,62510,12933,601N/A6/30/2023231,14611,286N/AN/AN/A3/31/2023235,86414,6399,88232,451N/A12/31/2022239,09017,325N/AN/AN/A9/30/2022235,26018,2657,28325,903N/A6/30/2022228,98917,497N/AN/AN/A3/31/2022225,07914,3255,47324,432N/A12/31/2021227,08613,735N/AN/AN/A9/30/2021224,56112,04417,67736,002N/A6/30/2021218,9089,700N/AN/AN/A3/31/2021209,7115,69210,92629,114N/A12/31/2020203,3584,791N/AN/AN/A9/30/2020204,4945,709-1,68319,831N/A6/30/2020206,2457,810N/AN/AN/A3/31/2020208,10611,1414,04028,582N/A12/31/2019200,88210,405N/AN/AN/A9/30/2019204,96911,675N/A38,500N/A6/30/2019211,17011,447N/AN/AN/A3/31/2019222,14013,508N/A37,552N/A12/31/2018240,11713,801N/AN/AN/A9/30/2018247,38814,433N/A35,011N/A6/30/2018250,68314,207N/AN/AN/A3/31/2018253,94712,936N/A32,432N/A12/31/2017251,66014,497N/AN/AN/A9/30/2017244,16610,834N/A26,706N/A6/30/2017232,2569,177N/AN/AN/A3/31/2017209,5106,736N/A21,443N/A12/31/2016186,7193,626N/AN/AN/A9/30/2016172,2396,115N/A21,235N/A6/30/2016167,5658,203N/AN/AN/A3/31/2016179,49412,515N/A34,944N/A12/31/2015193,35717,091N/AN/AN/A9/30/2015199,35317,064N/A38,283N/A6/30/2015197,16916,645N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 8N9の予測収益成長率 (年間19.8% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 8N9の収益 ( 19.8% ) はGerman市場 ( 17% ) よりも速いペースで成長すると予測されています。高成長収益: 8N9の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 8N9の収益 ( 3.8% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: 8N9の収益 ( 3.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 8N9の 自己資本利益率 は、3年後には低くなると予測されています ( 9.4 %)。成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance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2026/05/22 23:37終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク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Japan Aviation Electronics Industry, Limited 9 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。19 アナリスト機関Kazunori ItoBarclaysMasashi KubotaBofA Global ResearchTsubasa SasakiCitigroup Inc16 その他のアナリストを表示
お知らせ • Jan 28+ 1 more updateJapan Aviation Electronics Industry, Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited revised Consolidated earnings guidance for the Fiscal Year Ending March 31, 2023. For the year, the company expects net sales to be JPY 233,000 million, operating profit to be JPY 18,500 million, profit attributable to owners of parent to be JPY 14,500 million and basic earnings per share to be JPY 159.24 compared to previous guidance of net sales of JPY 250,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 18,500 million basic earnings per share of JPY 203.18.
お知らせ • Oct 26+ 1 more updateJapan Aviation Electronics Industry, Limited Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 250,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 18,500 million and basic earnings per share of JPY 203.18.
お知らせ • Apr 28+ 2 more updatesJapan Aviation Electronics Industry, Limited Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided earnings guidance for the first half and full year ending March 31, 2023. For the first half, the company expected Net sales of JPY 121,000 million, Operating profit of JPY 9,500 million, Profit attributable to owners of parent of JPY 6,700 million, Basic earnings per share of JPY 73.63. For the full year, the company expected Net sales of JPY 245,000 million, Operating profit of JPY 20,000 million, Profit attributable to owners of parent of JPY 14,350 million, Basic earnings per share of JPY 157.71.
Board Change • May 20High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Managing Executive Officer & Director Noritaka Hiyama was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 24Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 24, 2026Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 24, 2026.
お知らせ • Apr 21Japan Aviation Electronics Industry, Limited to Report Fiscal Year 2026 Results on Apr 24, 2026Japan Aviation Electronics Industry, Limited announced that they will report fiscal year 2026 results on Apr 24, 2026
お知らせ • Dec 26Japan Aviation Electronics Industry, Limited to Report Q3, 2026 Results on Jan 28, 2026Japan Aviation Electronics Industry, Limited announced that they will report Q3, 2026 results on Jan 28, 2026
お知らせ • Sep 25Japan Aviation Electronics Industry, Limited to Report Q2, 2026 Results on Oct 29, 2025Japan Aviation Electronics Industry, Limited announced that they will report Q2, 2026 results on Oct 29, 2025
お知らせ • Jun 27Japan Aviation Electronics Industry, Limited to Report Q1, 2026 Results on Jul 23, 2025Japan Aviation Electronics Industry, Limited announced that they will report Q1, 2026 results on Jul 23, 2025
お知らせ • Apr 23Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 19, 2025Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 19, 2025.
お知らせ • Mar 22Japan Aviation Electronics Industry, Limited to Report Fiscal Year 2025 Results on Apr 23, 2025Japan Aviation Electronics Industry, Limited announced that they will report fiscal year 2025 results on Apr 23, 2025
お知らせ • Jan 03Japan Aviation Electronics Industry, Limited to Report Q3, 2025 Results on Jan 29, 2025Japan Aviation Electronics Industry, Limited announced that they will report Q3, 2025 results on Jan 29, 2025
Buy Or Sell Opportunity • Nov 13Now 21% undervaluedOver the last 90 days, the stock has risen 20% to €17.00. The fair value is estimated to be €21.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.7%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period.
Reported Earnings • Oct 24Second quarter 2025 earnings released: EPS: JP¥51.88 (vs JP¥46.19 in 2Q 2024)Second quarter 2025 results: EPS: JP¥51.88. Revenue: JP¥57.9b (down 5.9% from 2Q 2024). Net income: JP¥3.50b (down 17% from 2Q 2024). Profit margin: 6.0% (down from 6.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany.
お知らせ • Sep 25Japan Aviation Electronics Industry, Limited to Report Q2, 2025 Results on Oct 23, 2024Japan Aviation Electronics Industry, Limited announced that they will report Q2, 2025 results on Oct 23, 2024
お知らせ • Sep 23Japan Aviation Electronics Industry, Limited(TSE:6807) dropped from FTSE All-World Index (USD)Japan Aviation Electronics Industry, Limited(TSE:6807) dropped from FTSE All-World Index (USD)
Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €12.70, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 1.9% over the past three years.
Reported Earnings • Jul 26First quarter 2025 earnings released: EPS: JP¥46.56 (vs JP¥27.44 in 1Q 2024)First quarter 2025 results: EPS: JP¥46.56 (up from JP¥27.44 in 1Q 2024). Revenue: JP¥55.6b (up 7.4% from 1Q 2024). Net income: JP¥3.14b (up 25% from 1Q 2024). Profit margin: 5.6% (up from 4.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.
Declared Dividend • Jul 11Final dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 201%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 16% 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 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 23Japan Aviation Electronics Industry, Limited to Report Q1, 2025 Results on Jul 24, 2024Japan Aviation Electronics Industry, Limited announced that they will report Q1, 2025 results on Jul 24, 2024
Reported Earnings • Jun 23Full year 2024 earnings released: EPS: JP¥137 (vs JP¥161 in FY 2023)Full year 2024 results: EPS: JP¥137 (down from JP¥161 in FY 2023). Revenue: JP¥225.8b (down 4.3% from FY 2023). Net income: JP¥12.2b (down 16% from FY 2023). Profit margin: 5.4% (down from 6.2% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic 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 only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 25Full year 2024 earnings released: EPS: JP¥137 (vs JP¥161 in FY 2023)Full year 2024 results: EPS: JP¥137 (down from JP¥161 in FY 2023). Revenue: JP¥225.8b (down 4.3% from FY 2023). Net income: JP¥12.2b (down 16% from FY 2023). Profit margin: 5.4% (down from 6.2% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
お知らせ • Apr 24Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 19, 2024Japan Aviation Electronics Industry, Limited, Annual General Meeting, Jun 19, 2024.
お知らせ • Mar 24Japan Aviation Electronics Industry, Limited to Report Fiscal Year 2024 Results on Apr 24, 2024Japan Aviation Electronics Industry, Limited announced that they will report fiscal year 2024 results on Apr 24, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.5%).
New Risk • Feb 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €15.60, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Germany. Total returns to shareholders of 3.3% over the past year.
Reported Earnings • Jan 30Third quarter 2024 earnings released: EPS: JP¥44.59 (vs JP¥29.63 in 3Q 2023)Third quarter 2024 results: EPS: JP¥44.59 (up from JP¥29.63 in 3Q 2023). Revenue: JP¥58.1b (down 5.7% from 3Q 2023). Net income: JP¥4.07b (up 51% from 3Q 2023). Profit margin: 7.0% (up from 4.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany.
お知らせ • Jan 30NEC Reportedly Plans to Cut Stake Japan Aviation Electronics IndustryJapan Aviation Electronics Industry, Limited (TSE:6807) shares slid in the wake of weak quarterly results and news that its parent company NEC Corporation (TSE:6701) plans to cut its stake in the electronics maker. Shares in Japan Aviation were recently 17% lower at JPY 2,526 after falling as much as 18% earlier Tuesday. Parent NEC Corp.'s shares were recently down 1.0%.
お知らせ • Jan 29Japan Aviation Electronics Industry, Limited Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Japan Aviation Electronics Industry, Limited provided dividend guidance for the Fiscal year ending March 31, 2024. For the year, the company expects dividend of JPY 25.00 per share against JPY 25.00 per share a year ago.
お知らせ • Dec 27Japan Aviation Electronics Industry, Limited to Report Q3, 2024 Results on Jan 29, 2024Japan Aviation Electronics Industry, Limited announced that they will report Q3, 2024 results on Jan 29, 2024
Reported Earnings • Oct 30Second quarter 2024 earnings released: EPS: JP¥46.19 (vs JP¥53.51 in 2Q 2023)Second quarter 2024 results: EPS: JP¥46.19 (down from JP¥53.51 in 2Q 2023). Revenue: JP¥61.6b (down 6.4% from 2Q 2023). Net income: JP¥4.21b (down 14% from 2Q 2023). Profit margin: 6.8% (down from 7.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Germany.
お知らせ • Oct 29+ 1 more updateJapan Aviation Electronics Industry, Limited Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2024, Payable on December 4, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Japan Aviation Electronics Industry, Limited announced dividend for the second quarter of Fiscal year ending March 31, 2024, payable on December 4, 2023 and provided dividend guidance for the Fiscal year ending March 31, 2024. For the quarter, company announced dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago. Scheduled date of commencing dividend payments: December 4, 2023. For the year-end, company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.
お知らせ • Sep 27Japan Aviation Electronics Industry, Limited to Report Q2, 2024 Results on Oct 27, 2023Japan Aviation Electronics Industry, Limited announced that they will report Q2, 2024 results on Oct 27, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%).
Buying Opportunity • Aug 01Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €22.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 8.6% in 2 years. Earnings is forecast to grow by 47% in the next 2 years.
New Risk • Jul 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.9% Last year net profit margin: 7.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
お知らせ • Jul 29+ 1 more updateJapan Aviation Electronics Industry, Limited Provides Dividend Guidance for the Second Quarter and Year End for the Fiscal Year Ending March 31, 2024Japan Aviation Electronics Industry, Limited provided dividend guidance for the second quarter and year end for the fiscal year ending March 31, 2024. The company expects to pay dividend of JPY 25.00 per share for the second quarter of fiscal year ending March 31, 2024 compared to JPY 25.00 per share paid a year ago. The company expects to pay year end dividend of JPY 25.00 per share for the year ending March 31, 2024 compared to JPY 25.00 per share paid a year ago.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥27.44 (vs JP¥64.32 in 1Q 2023)First quarter 2024 results: EPS: JP¥27.44 (down from JP¥64.32 in 1Q 2023). Revenue: JP¥51.7b (down 8.4% from 1Q 2023). Net income: JP¥2.50b (down 57% from 1Q 2023). Profit margin: 4.8% (down from 10% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
Buying Opportunity • Jul 07Now 20% undervaluedOver the last 90 days, the stock is up 27%. The fair value is estimated to be €24.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings is also forecast to grow by 7.8% per annum over the same time period.
Reported Earnings • Jun 25Full year 2023 earnings released: EPS: JP¥161 (vs JP¥157 in FY 2022)Full year 2023 results: EPS: JP¥161 (up from JP¥157 in FY 2022). Revenue: JP¥235.9b (up 4.8% from FY 2022). Net income: JP¥14.6b (up 2.2% from FY 2022). Profit margin: 6.2% (down from 6.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany.
お知らせ • Jun 24Japan Aviation Electronics Industry, Limited to Report Q1, 2024 Results on Jul 27, 2023Japan Aviation Electronics Industry, Limited announced that they will report Q1, 2024 results on Jul 27, 2023
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥161 (vs JP¥157 in FY 2022)Full year 2023 results: EPS: JP¥161 (up from JP¥157 in FY 2022). Revenue: JP¥235.9b (up 4.8% from FY 2022). Net income: JP¥14.6b (up 2.2% from FY 2022). Profit margin: 6.2% (down from 6.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%).
お知らせ • Jan 28+ 1 more updateJapan Aviation Electronics Industry, Limited Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited revised Consolidated earnings guidance for the Fiscal Year Ending March 31, 2023. For the year, the company expects net sales to be JPY 233,000 million, operating profit to be JPY 18,500 million, profit attributable to owners of parent to be JPY 14,500 million and basic earnings per share to be JPY 159.24 compared to previous guidance of net sales of JPY 250,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 18,500 million basic earnings per share of JPY 203.18.
Reported Earnings • Jan 28Third quarter 2023 earnings released: EPS: JP¥29.63 (vs JP¥40.00 in 3Q 2022)Third quarter 2023 results: EPS: JP¥29.63 (down from JP¥40.00 in 3Q 2022). Revenue: JP¥61.6b (up 6.6% from 3Q 2022). Net income: JP¥2.70b (down 26% from 3Q 2022). Profit margin: 4.4% (down from 6.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany.
お知らせ • Dec 24Japan Aviation Electronics Industry, Limited to Report Q3, 2023 Results on Jan 27, 2023Japan Aviation Electronics Industry, Limited announced that they will report Q3, 2023 results on Jan 27, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥53.51 (vs JP¥45.12 in 2Q 2022)Second quarter 2023 results: EPS: JP¥53.51 (up from JP¥45.12 in 2Q 2022). Revenue: JP¥65.8b (up 11% from 2Q 2022). Net income: JP¥4.87b (up 19% from 2Q 2022). Profit margin: 7.4% (up from 6.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Shuichi Kashiwagi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to €15.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Electronic industry in Germany. Total returns to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €25.50 per share.
Reported Earnings • Oct 27Second quarter 2023 earnings released: EPS: JP¥53.51 (vs JP¥45.12 in 2Q 2022)Second quarter 2023 results: EPS: JP¥53.51 (up from JP¥45.12 in 2Q 2022). Revenue: JP¥65.8b (up 11% from 2Q 2022). Net income: JP¥4.87b (up 19% from 2Q 2022). Profit margin: 7.4% (up from 6.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
お知らせ • Oct 26+ 1 more updateJapan Aviation Electronics Industry, Limited Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 250,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 18,500 million and basic earnings per share of JPY 203.18.
お知らせ • Sep 24Japan Aviation Electronics Industry, Limited to Report Q2, 2023 Results on Oct 26, 2022Japan Aviation Electronics Industry, Limited announced that they will report Q2, 2023 results on Oct 26, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.2%).
Reported Earnings • Jul 28First quarter 2023 earnings released: EPS: JP¥64.32 (vs JP¥29.47 in 1Q 2022)First quarter 2023 results: EPS: JP¥64.32 (up from JP¥29.47 in 1Q 2022). Revenue: JP¥56.5b (up 7.4% from 1Q 2022). Net income: JP¥5.85b (up 118% from 1Q 2022). Profit margin: 10% (up from 5.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.4%, compared to a 20% growth forecast for the industry in Germany.
お知らせ • Jul 28+ 3 more updatesJapan Aviation Electronics Industry, Limited Provides Dividend Guidance for the Year-End of Fiscal Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided dividend guidance for the year-end of fiscal year ending March 31, 2023. For the year-end, company expects dividend guidance of JPY 20.00 per share compared to JPY 20.00 per share a year ago.
Board Change • Apr 28Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). President & Representative Director Tsutomu Onohara is the most experienced director on the board, commencing their role in 2010. Independent Outside Director Shuichi Kashiwagi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 28+ 2 more updatesJapan Aviation Electronics Industry, Limited Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2023Japan Aviation Electronics Industry, Limited provided earnings guidance for the first half and full year ending March 31, 2023. For the first half, the company expected Net sales of JPY 121,000 million, Operating profit of JPY 9,500 million, Profit attributable to owners of parent of JPY 6,700 million, Basic earnings per share of JPY 73.63. For the full year, the company expected Net sales of JPY 245,000 million, Operating profit of JPY 20,000 million, Profit attributable to owners of parent of JPY 14,350 million, Basic earnings per share of JPY 157.71.
お知らせ • Apr 08Japan Aviation Electronics Industry, Limited to Report Fiscal Year 2022 Results on Apr 27, 2022Japan Aviation Electronics Industry, Limited announced that they will report fiscal year 2022 results on Apr 27, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.7%).
Reported Earnings • Jan 29Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥40.00 (up from JP¥21.42 in 3Q 2021). Revenue: JP¥57.7b (up 4.6% from 3Q 2021). Net income: JP¥3.64b (up 87% from 3Q 2021). Profit margin: 6.3% (up from 3.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 1.7%, compared to a 23% growth forecast for the industry in Germany.
Reported Earnings • Oct 28Second quarter 2022 earnings released: EPS JP¥45.12 (vs JP¥19.35 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥59.5b (up 11% from 2Q 2021). Net income: JP¥4.10b (up 133% from 2Q 2021). Profit margin: 6.9% (up from 3.3% in 2Q 2021). The increase in margin was driven by higher revenue.
Reported Earnings • Jul 30First quarter 2022 earnings released: EPS JP¥29.47 (vs JP¥14.59 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥52.5b (up 21% from 1Q 2021). Net income: JP¥2.68b (up JP¥4.01b from 1Q 2021). Profit margin: 5.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue.
Board Change • Jul 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). President, GM of Connector Division & Representative Director Tsutomu Onohara is the most experienced director on the board, commencing their role in 2010. Independent Outside Director Shuichi Kashiwagi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Jun 27Full year 2021 earnings released: EPS JP¥62.58 (vs JP¥123 in FY 2020)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥209.7b (flat on FY 2020). Net income: JP¥5.69b (down 49% from FY 2020). Profit margin: 2.7% (down from 5.4% in FY 2020).