View Past PerformanceKaga ElectronicsLtd バランスシートの健全性財務の健全性 基準チェック /66Kaga ElectronicsLtdの総株主資本は¥174.7B 、総負債は¥42.0Bで、負債比率は24%となります。総資産と総負債はそれぞれ¥343.2Bと¥168.5Bです。 Kaga ElectronicsLtdの EBIT は¥25.0Bで、利息カバレッジ比率-31.9です。現金および短期投資は¥82.2Bです。主要情報24.02%負債資本比率JP¥41.97b負債インタレスト・カバレッジ・レシオ-31.9x現金JP¥82.21bエクイティJP¥174.70b負債合計JP¥168.47b総資産JP¥343.17b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 03Kaga Electronics Co.,Ltd. to Report Q4, 2026 Results on May 14, 2026Kaga Electronics Co.,Ltd. announced that they will report Q4, 2026 results on May 14, 2026お知らせ • Mar 10Kaga Electronics Co.,Ltd. (TSE:8154) agreed to acquire 7.25% stake in Sun-Wa Technos Corporation (TSE:8137).Kaga Electronics Co.,Ltd. (TSE:8154) agreed to acquire 7.25% stake in Sun-Wa Technos Corporation (TSE:8137) on March 10, 2026. The expected completion of the transaction is March 11, 2026.お知らせ • Aug 08Kaga Electronics Co.,Ltd. (TSE:8154) announces an Equity Buyback for 4,920,000 shares, representing 9.36% for ¥15,000 million.Kaga Electronics Co.,Ltd. (TSE:8154) announces a share repurchase program. Under the program, the company will repurchase up to 4,920,000 shares, representing 9.36% of its share capital for ¥15,000 million. The shares will be repurchased at a price of ¥2,938 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency as part of the company's capital policy. It aims to respond to shareholder requests for reducing policy shareholdings while maintaining financial soundness. Additionally, the program seeks to balance growth investments with shareholder returns to maximize corporate value. The program will be valid until August 8, 2025. As of March 31, 2025, the company had 52,560,806 shares outstanding excluding treasury shares, and 4,843,430 shares in treasury.お知らせ • May 30Kaga Electronics Co.,Ltd. (TSE:8154) proposed to acquire an 73.20% majority stake in Kyoei Sangyo Co.,Ltd. (TSE:6973) from a group of shareholders for ¥8.7 billion.Kaga Electronics Co.,Ltd. (TSE:8154) proposed to acquire an 73.20% majority stake in Kyoei Sangyo Co.,Ltd. (TSE:6973) from a group of shareholders for ¥8.7 billion on May 30, 2025. A cash consideration ¥3,950 per share will be paid by Kaga Electronics Co.,Ltd. As part of consideration, an ¥8.7 billion value is paid towards 2.20251 million common equity of Kyoei Sangyo Co.,Ltd. The transaction is subject to minimum tender. The expected completion of the transaction is July 11, 2025. KPMG FAS Co., Ltd. acted as financial advisor for Kaga Electronics Co.,Ltd. TMI Associates acted as legal advisor for Kaga Electronics Co.,Ltd. YAMADA Consulting Group Co.,Ltd. acted as financial advisor for Kyoei Sangyo Co.,Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for Kyoei Sangyo Co.,Ltd.お知らせ • May 14Kaga Electronics Co.,Ltd., Annual General Meeting, Jun 26, 2025Kaga Electronics Co.,Ltd., Annual General Meeting, Jun 26, 2025.お知らせ • Mar 27Kaga Electronics Co.,Ltd. Proposes Amendments to the Articles of IncorporationKaga Electronics Co.,Ltd. proposals for requisite amendments to the Articles of Incorporation and other relevant matters at the 57th Ordinary General Meeting of Shareholders to be held in June 2025.お知らせ • Mar 06+ 2 more updatesKaga Electronics Co.,Ltd. to Report Q2, 2026 Results on Nov 06, 2025Kaga Electronics Co.,Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025お知らせ • Mar 01Kaga Electronics Co.,Ltd. to Report Fiscal Year 2025 Results on May 14, 2025Kaga Electronics Co.,Ltd. announced that they will report fiscal year 2025 results on May 14, 2025お知らせ • Dec 27Kaga Electronics Co.,Ltd. Announces Management Changes, Effective January 1, 2025Kaga Electronics Co.,Ltd. announced that the following resolution regarding movement of delegated executive officer effective January 1, 2025, was passed at the board of directors meeting held on December 26, 2024. Motonori Toshinari's new role is Division Director of EMS Business Division. Former role is Managing Executive Officer.Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥422,752 (vs JP¥107 in 2Q 2024)Second quarter 2025 results: EPS: JP¥422,752. Revenue: JP¥130.4b (down 5.0% from 2Q 2024). Net income: JP¥3.90b (down 31% from 2Q 2024). Profit margin: 3.0% (down from 4.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.Upcoming Dividend • Sep 20Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.8%).Reported Earnings • Aug 12First quarter 2025 earnings released: EPS: JP¥154 (vs JP¥220 in 1Q 2024)First quarter 2025 results: EPS: JP¥154 (down from JP¥220 in 1Q 2024). Revenue: JP¥128.6b (down 6.6% from 1Q 2024). Net income: JP¥4.04b (down 30% from 1Q 2024). Profit margin: 3.1% (down from 4.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% 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 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €26.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 35% over the past three years.Declared Dividend • Jul 11Final dividend of JP¥110 announcedShareholders will receive a dividend of JP¥110. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 350%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Jun 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Auditor Kyoko Oyanagi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 23Kaga Electronics Co.,Ltd. Provides Dividend Guidance for the First Half and Year End for the Fiscal Year Ending March 31, 2025Kaga Electronics Co.,Ltd. provided dividend guidance for the first half and year end for the fiscal year ending March 31, 2025. For the first half, the company expected dividend of JPY 110.00 per share as compared to dividend of JPY 110.00 per share a year ago.For the year end, the company expected dividend of JPY 55.00 per share as compared to dividend of JPY 110.00 per share a year ago. The stock split is effective on October 1, 2024.お知らせ • May 22Kaga Electronics Co.,Ltd. (TSE:8154) agreed to acquire an unknown stake in Meeq Co., Ltd.Kaga Electronics Co.,Ltd. (TSE:8154) agreed to acquire an unknown stake in Meeq Co., Ltd. on May 21, 2024.Reported Earnings • May 10Full year 2024 earnings released: EPS: JP¥775 (vs JP¥879 in FY 2023)Full year 2024 results: EPS: JP¥775 (down from JP¥879 in FY 2023). Revenue: JP¥542.7b (down 11% from FY 2023). Net income: JP¥20.3b (down 12% from FY 2023). Profit margin: 3.7% (down from 3.8% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • May 10Kaga Electronics Co.,Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2025Kaga Electronics Co.,Ltd. provided consolidated earnings guidance for the full year ending March 31, 2025. For the full year ending March 31, 2025, the company expects net sales of JPY 550,000 million, operating income of JPY 26,000 million and profit attributable to owners of parent of JPY 18,000 million or JPY 685.26 per share.お知らせ • Apr 02+ 3 more updatesKaga Electronics Co.,Ltd. to Report Q3, 2025 Results on Feb 06, 2025Kaga Electronics Co.,Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.5%).お知らせ • Mar 03Kaga Electronics Co.,Ltd. to Report Fiscal Year 2024 Results on May 09, 2024Kaga Electronics Co.,Ltd. announced that they will report fiscal year 2024 results on May 09, 2024Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥175 (vs JP¥215 in 3Q 2023)Third quarter 2024 results: EPS: JP¥175 (down from JP¥215 in 3Q 2023). Revenue: JP¥131.4b (down 14% from 3Q 2023). Net income: JP¥4.59b (down 19% from 3Q 2023). Profit margin: 3.5% (down from 3.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Electronic industry in Germany.Reported Earnings • Nov 09Second quarter 2024 earnings released: EPS: JP¥215 (vs JP¥245 in 2Q 2023)Second quarter 2024 results: EPS: JP¥215 (down from JP¥245 in 2Q 2023). Revenue: JP¥137.4b (down 8.1% from 2Q 2023). Net income: JP¥5.64b (down 12% from 2Q 2023). Profit margin: 4.1% (down from 4.3% in 2Q 2023). 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 11% growth forecast for the Electronic industry in Germany.Upcoming Dividend • Sep 21Upcoming dividend of JP¥110 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%).Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥220 (vs JP¥266 in 1Q 2023)First quarter 2024 results: EPS: JP¥220 (down from JP¥266 in 1Q 2023). Revenue: JP¥137.7b (down 7.8% from 1Q 2023). Net income: JP¥5.77b (down 17% from 1Q 2023). Profit margin: 4.2% (down from 4.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥879 (vs JP¥576 in FY 2022)Full year 2023 results: EPS: JP¥879 (up from JP¥576 in FY 2022). Revenue: JP¥608.1b (up 23% from FY 2022). Net income: JP¥23.1b (up 50% from FY 2022). Profit margin: 3.8% (up from 3.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Germany.お知らせ • May 12+ 2 more updatesKaga Electronics Co.,Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Kaga Electronics Co.,Ltd. provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects dividend of JPY 110.00 compared to JPY 120.00 a year ago.お知らせ • May 04+ 3 more updatesKaga Electronics Co.,Ltd. to Report Q1, 2024 Results on Aug 03, 2023Kaga Electronics Co.,Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023Upcoming Dividend • Mar 23Upcoming dividend of JP¥120 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 4.4% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%).お知らせ • Feb 08+ 1 more updateKaga Electronics Co.,Ltd. Provides Guidance on Extraordinary Dividend for the Fiscal Year Ending March 2023Kaga Electronics Co.,Ltd. provides guidance on extraordinary dividend for the fiscal year ending March 2023. The company expects to pay commemorative dividend of JPY 10.00 and extraordinary dividend of JPY 40.00 for the fiscal year ending March 2023.Reported Earnings • Feb 08Third quarter 2023 earnings released: EPS: JP¥215 (vs JP¥182 in 3Q 2022)Third quarter 2023 results: EPS: JP¥215 (up from JP¥182 in 3Q 2022). Revenue: JP¥153.5b (up 18% from 3Q 2022). Net income: JP¥5.64b (up 18% from 3Q 2022). Profit margin: 3.7% (in line with 3Q 2022). Revenue is forecast to grow 3.1% 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 • Feb 07+ 1 more updateKaga Electronics Co.,Ltd. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2023Kaga Electronics Co.,Ltd. revised consolidated earnings guidance for the year ending March 31, 2023. For the year, the company revised net sales of JPY 585,000 compared to previous guidance of JPY 570,000 million, operating income of JPY 29,500 million compared to previous guidance of JPY 28,000 million, profit attributable to owners of parent of JPY 21,000 million compared to previous guidance of JPY 20,000 million. Net income per share of JPY 799.78 compared to previous guidance of JPY 761.70.Reported Earnings • Nov 18Second quarter 2023 earnings released: EPS: JP¥245 (vs JP¥103 in 2Q 2022)Second quarter 2023 results: EPS: JP¥245 (up from JP¥103 in 2Q 2022). Revenue: JP¥149.5b (up 28% from 2Q 2022). Net income: JP¥6.43b (up 134% from 2Q 2022). Profit margin: 4.3% (up from 2.4% 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.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Outside Director Hirokazu Nishiyama 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. Insufficient board refreshment.Reported Earnings • Nov 10Second quarter 2023 earnings released: EPS: JP¥255 (vs JP¥103 in 2Q 2022)Second quarter 2023 results: EPS: JP¥255 (up from JP¥103 in 2Q 2022). Revenue: JP¥149.4b (up 28% from 2Q 2022). Net income: JP¥6.71b (up 144% from 2Q 2022). Profit margin: 4.5% (up from 2.4% 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 • Nov 09+ 1 more update\Kaga Electronics Co.,Ltd. Announces Dividend for the Second Quarter End of Fiscal Year Ending March 2023, Payable on December 2, 2022; Provides Dividend Guidance for the Year Ending March 2023Kaga Electronics Co.,Ltd. announced dividend for the second quarter end of fiscal year ending March 2023. For the second quarter, the company expects a dividend of ¥100.00 per share against ¥45.00 per share paid a year ago. Payable on December 2, 2022. For the year ending March 2023, the company expects a dividend of ¥100.00 per share against ¥75.00 per share paid a year ago.Upcoming Dividend • Sep 22Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.2%).Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to €28.00, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 34% over the past year.Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥266 (vs JP¥105 in 1Q 2022)First quarter 2023 results: EPS: JP¥266 (up from JP¥105 in 1Q 2022). Revenue: JP¥149.3b (up 41% from 1Q 2022). Net income: JP¥6.98b (up 143% from 1Q 2022). Profit margin: 4.7% (up from 2.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.6% compared to a 21% growth forecast for the industry in Germany.お知らせ • Aug 05+ 1 more updateKaga Electronics Co.,Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Kaga Electronics Co.,Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company now expects net sales of JPY 540,000 million against previous guidance of JPY 510,000 million, operating income of JPY 24,000 million against previous guidance of JPY 21,200 million, profit attributable to owners of the parent of JPY 16,000 million against previous guidance of JPY 14,500 million and earnings per share of JPY 609.58 against previous guidance of JPY 552.42.Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥576 (vs JP¥415 in FY 2021)Full year 2022 results: EPS: JP¥576 (up from JP¥415 in FY 2021). Revenue: JP¥495.8b (up 17% from FY 2021). Net income: JP¥15.4b (up 35% from FY 2021). Profit margin: 3.1% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 21% growth forecast for the industry in Germany.お知らせ • May 13+ 2 more updatesKaga Electronics Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Kaga Electronics Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 510,000 million, operating income of JPY 21,000 million, profit attributable to owners of parent of JPY 14,500 million and earnings per share of JPY 552.42.お知らせ • May 12+ 1 more updateKaga Electronics Co.,Ltd. Proposes Commemorative Dividend for the Fiscal Year Ending March 31, 2023Kaga Electronics Co.,Ltd. proposed commemorative dividend of JPY 10.00 per share for the fiscal year ending March 31, 2023.お知らせ • May 09+ 1 more updateKaga Electronics Co.,Ltd. Provides Dividend Guidance for the Year Ending March 2022Kaga Electronics Co.,Ltd. provided dividend guidance for the year ending March 2022. For the year, the company expects to pay dividend of ¥75.00 per share compared to forecast of ¥65.00 per share which was announced on February 3, 2022.Board Change • Apr 29Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Outside Director Hirokazu Nishiyama 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. Insufficient board refreshment.Upcoming Dividend • Mar 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.7%).お知らせ • Feb 10Kaga Electronics Co.,Ltd. Announces Personnel ChangesKaga Electronics Co. Ltd. announced that, at a Board of Directors meeting held on February 10, 2022, a resolution was passed on the introduction of a delegation-based executive officer structure and officer personnel changes, as follows. The appointment and dismissal of delegated executive officers shall be determined by the Board of Directors upon having received a report from the Nomination and Compensation Committee. Scheduled introduction date of the delegation-based executive officer structure April 1, 2022. Name: Shinsuke Takahashi, New position: Director, Senior Managing Executive Officer. Former position: Senior Managing Director. Name: Shinsuke Takahashi, New position: Director, Senior Managing Executive Officer. Former position: Senior Managing Director. Name: Shinsuke Takahashi, New position: Director, Senior Managing Executive Officer. Former position: Senior Managing Director. Name: Shintaro Kakei, New position: Director, Senior Managing Executive Officer. Former position: Senior Managing Director. Name: Eiji Kawamura, New position: Director, Managing Executive Officer Head of Administration Headquarters. Former position: Managing Director, Head of Administration Headquarters. Name: Motonori Toshinari, New position: Director, Executive Officer, Division Manager of EMS Business Division. Former position: Director, Division Manager of EMS Business Division. Name: Mitsuhiro Nohara, New position: Director, Executive Officer. Former position: Director, Executive Officer.Reported Earnings • Feb 04Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥182 (up from JP¥71.20 in 3Q 2021). Revenue: JP¥129.7b (up 23% from 3Q 2021). Net income: JP¥4.79b (up 145% from 3Q 2021). Profit margin: 3.7% (up from 1.9% in 3Q 2021). Revenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 1.7%, compared to a 23% growth forecast for the industry in Germany.お知らせ • Feb 04+ 4 more updatesKaga Electronics Co.,Ltd., Annual General Meeting, Jun 28, 2022Kaga Electronics Co.,Ltd., Annual General Meeting, Jun 28, 2022.お知らせ • Feb 03+ 3 more updatesKaga Electronics Co.,Ltd. Provides Extra Ordinary Dividend Guidance for the Year Ending March 2022Kaga Electronics Co.,Ltd. provided extra ordinary dividend guidance for the year ending March 2022. For the year, the company expects to pay dividend of ¥25.00 per share compared to ¥20.00 per share paid in last year.Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥103 (vs JP¥77.54 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥117.1b (up 12% from 2Q 2021). Net income: JP¥2.75b (up 29% from 2Q 2021). Profit margin: 2.4% (up from 2.0% in 2Q 2021).Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%).Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to €25.72, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 21x in the Electronic industry in Germany.Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥106 (vs JP¥315 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥105.9b (up 26% from 1Q 2021). Net income: JP¥2.91b (down 66% from 1Q 2021). Profit margin: 2.7% (down from 10% in 1Q 2021).お知らせ • Aug 06Kaga Electronics Co.,Ltd. (TSE:8154) announces an Equity Buyback for 1,300,000 shares, representing 4.73% for ¥3,877.9 million.Kaga Electronics Co.,Ltd. (TSE:8154) announces a share repurchase program. Under the program, the company will repurchase up to 1,300,000 shares, representing 4.73% of its share capital for ¥3,877.9 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy by aiming for the improvement of capital efficiency. The program will be valid until August 6, 2021. As of March 31, 2021, the company had 27,474,407 shares outstanding excluding treasury shares, and 1,227,711 shares in treasury.Board Change • Jul 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Hirokazu Nishiyama 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 • May 15Full year 2021 earnings released: EPS JP¥415 (vs JP¥213 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥422.4b (down 4.8% from FY 2020). Net income: JP¥11.4b (up 95% from FY 2020). Profit margin: 2.7% (up from 1.3% in FY 2020).お知らせ • May 15+ 2 more updatesKaga Electronics Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022Kaga Electronics Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company expects net sales of JPY 470,000 million, operating income of JPY 13,000 million, profit attributable to owners of parent of JPY 8,000 million and earnings per share of JPY 291.20.お知らせ • Apr 29+ 1 more updateKaga Electronics Co.,Ltd. Revises Earnings Guidance for the Year Ending March 31, 2021Kaga Electronics Co.,Ltd. revised consolidated earnings guidance for the year ending March 31, 2021. For the year, the company revised net sales of JPY 422,000 million compared to previous forecast of JPY 415,000 million. Operating income of JPY 11,400 million compared to previous forecast of JPY 9,000 million. Profit attributable to owners of parent of JPY 11,400 million or JPY 415.07 per share compared to previous forecast of JPY 10,500 million or JPY 382.30 per share.財務状況分析短期負債: 9V2の 短期資産 ( ¥287.0B ) が 短期負債 ( ¥142.4B ) を超えています。長期負債: 9V2の短期資産 ( ¥287.0B ) が 長期負債 ( ¥26.0B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 9V2総負債よりも多くの現金を保有しています。負債の削減: 9V2の負債対資本比率は、過去 5 年間で46.2%から24%に減少しました。債務返済能力: 9V2の負債は 営業キャッシュフロー によって 十分にカバー されています ( 47.2% )。インタレストカバレッジ: 9V2支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend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2026/05/07 09:05終値2026/05/07 00:00収益2025/12/31年間収益2025/03/31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Kaga Electronics Co.,Ltd. 2 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。3 アナリスト機関Koichi HariyaIchiyoshi Research Institute Inc.Claudio AritomiMacquarie ResearchKoichiro HagiwaraTokai Tokyo Intelligence Laboratory Co., Ltd.
お知らせ • Apr 03Kaga Electronics Co.,Ltd. to Report Q4, 2026 Results on May 14, 2026Kaga Electronics Co.,Ltd. announced that they will report Q4, 2026 results on May 14, 2026
お知らせ • Mar 10Kaga Electronics Co.,Ltd. (TSE:8154) agreed to acquire 7.25% stake in Sun-Wa Technos Corporation (TSE:8137).Kaga Electronics Co.,Ltd. (TSE:8154) agreed to acquire 7.25% stake in Sun-Wa Technos Corporation (TSE:8137) on March 10, 2026. The expected completion of the transaction is March 11, 2026.
お知らせ • Aug 08Kaga Electronics Co.,Ltd. (TSE:8154) announces an Equity Buyback for 4,920,000 shares, representing 9.36% for ¥15,000 million.Kaga Electronics Co.,Ltd. (TSE:8154) announces a share repurchase program. Under the program, the company will repurchase up to 4,920,000 shares, representing 9.36% of its share capital for ¥15,000 million. The shares will be repurchased at a price of ¥2,938 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency as part of the company's capital policy. It aims to respond to shareholder requests for reducing policy shareholdings while maintaining financial soundness. Additionally, the program seeks to balance growth investments with shareholder returns to maximize corporate value. The program will be valid until August 8, 2025. As of March 31, 2025, the company had 52,560,806 shares outstanding excluding treasury shares, and 4,843,430 shares in treasury.
お知らせ • May 30Kaga Electronics Co.,Ltd. (TSE:8154) proposed to acquire an 73.20% majority stake in Kyoei Sangyo Co.,Ltd. (TSE:6973) from a group of shareholders for ¥8.7 billion.Kaga Electronics Co.,Ltd. (TSE:8154) proposed to acquire an 73.20% majority stake in Kyoei Sangyo Co.,Ltd. (TSE:6973) from a group of shareholders for ¥8.7 billion on May 30, 2025. A cash consideration ¥3,950 per share will be paid by Kaga Electronics Co.,Ltd. As part of consideration, an ¥8.7 billion value is paid towards 2.20251 million common equity of Kyoei Sangyo Co.,Ltd. The transaction is subject to minimum tender. The expected completion of the transaction is July 11, 2025. KPMG FAS Co., Ltd. acted as financial advisor for Kaga Electronics Co.,Ltd. TMI Associates acted as legal advisor for Kaga Electronics Co.,Ltd. YAMADA Consulting Group Co.,Ltd. acted as financial advisor for Kyoei Sangyo Co.,Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for Kyoei Sangyo Co.,Ltd.
お知らせ • May 14Kaga Electronics Co.,Ltd., Annual General Meeting, Jun 26, 2025Kaga Electronics Co.,Ltd., Annual General Meeting, Jun 26, 2025.
お知らせ • Mar 27Kaga Electronics Co.,Ltd. Proposes Amendments to the Articles of IncorporationKaga Electronics Co.,Ltd. proposals for requisite amendments to the Articles of Incorporation and other relevant matters at the 57th Ordinary General Meeting of Shareholders to be held in June 2025.
お知らせ • Mar 06+ 2 more updatesKaga Electronics Co.,Ltd. to Report Q2, 2026 Results on Nov 06, 2025Kaga Electronics Co.,Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025
お知らせ • Mar 01Kaga Electronics Co.,Ltd. to Report Fiscal Year 2025 Results on May 14, 2025Kaga Electronics Co.,Ltd. announced that they will report fiscal year 2025 results on May 14, 2025
お知らせ • Dec 27Kaga Electronics Co.,Ltd. Announces Management Changes, Effective January 1, 2025Kaga Electronics Co.,Ltd. announced that the following resolution regarding movement of delegated executive officer effective January 1, 2025, was passed at the board of directors meeting held on December 26, 2024. Motonori Toshinari's new role is Division Director of EMS Business Division. Former role is Managing Executive Officer.
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥422,752 (vs JP¥107 in 2Q 2024)Second quarter 2025 results: EPS: JP¥422,752. Revenue: JP¥130.4b (down 5.0% from 2Q 2024). Net income: JP¥3.90b (down 31% from 2Q 2024). Profit margin: 3.0% (down from 4.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.8%).
Reported Earnings • Aug 12First quarter 2025 earnings released: EPS: JP¥154 (vs JP¥220 in 1Q 2024)First quarter 2025 results: EPS: JP¥154 (down from JP¥220 in 1Q 2024). Revenue: JP¥128.6b (down 6.6% from 1Q 2024). Net income: JP¥4.04b (down 30% from 1Q 2024). Profit margin: 3.1% (down from 4.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% 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 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €26.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 35% over the past three years.
Declared Dividend • Jul 11Final dividend of JP¥110 announcedShareholders will receive a dividend of JP¥110. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 350%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Jun 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Auditor Kyoko Oyanagi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 23Kaga Electronics Co.,Ltd. Provides Dividend Guidance for the First Half and Year End for the Fiscal Year Ending March 31, 2025Kaga Electronics Co.,Ltd. provided dividend guidance for the first half and year end for the fiscal year ending March 31, 2025. For the first half, the company expected dividend of JPY 110.00 per share as compared to dividend of JPY 110.00 per share a year ago.For the year end, the company expected dividend of JPY 55.00 per share as compared to dividend of JPY 110.00 per share a year ago. The stock split is effective on October 1, 2024.
お知らせ • May 22Kaga Electronics Co.,Ltd. (TSE:8154) agreed to acquire an unknown stake in Meeq Co., Ltd.Kaga Electronics Co.,Ltd. (TSE:8154) agreed to acquire an unknown stake in Meeq Co., Ltd. on May 21, 2024.
Reported Earnings • May 10Full year 2024 earnings released: EPS: JP¥775 (vs JP¥879 in FY 2023)Full year 2024 results: EPS: JP¥775 (down from JP¥879 in FY 2023). Revenue: JP¥542.7b (down 11% from FY 2023). Net income: JP¥20.3b (down 12% from FY 2023). Profit margin: 3.7% (down from 3.8% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • May 10Kaga Electronics Co.,Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2025Kaga Electronics Co.,Ltd. provided consolidated earnings guidance for the full year ending March 31, 2025. For the full year ending March 31, 2025, the company expects net sales of JPY 550,000 million, operating income of JPY 26,000 million and profit attributable to owners of parent of JPY 18,000 million or JPY 685.26 per share.
お知らせ • Apr 02+ 3 more updatesKaga Electronics Co.,Ltd. to Report Q3, 2025 Results on Feb 06, 2025Kaga Electronics Co.,Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥110 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.5%).
お知らせ • Mar 03Kaga Electronics Co.,Ltd. to Report Fiscal Year 2024 Results on May 09, 2024Kaga Electronics Co.,Ltd. announced that they will report fiscal year 2024 results on May 09, 2024
Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥175 (vs JP¥215 in 3Q 2023)Third quarter 2024 results: EPS: JP¥175 (down from JP¥215 in 3Q 2023). Revenue: JP¥131.4b (down 14% from 3Q 2023). Net income: JP¥4.59b (down 19% from 3Q 2023). Profit margin: 3.5% (down from 3.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Electronic industry in Germany.
Reported Earnings • Nov 09Second quarter 2024 earnings released: EPS: JP¥215 (vs JP¥245 in 2Q 2023)Second quarter 2024 results: EPS: JP¥215 (down from JP¥245 in 2Q 2023). Revenue: JP¥137.4b (down 8.1% from 2Q 2023). Net income: JP¥5.64b (down 12% from 2Q 2023). Profit margin: 4.1% (down from 4.3% in 2Q 2023). 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 11% growth forecast for the Electronic industry in Germany.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥110 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%).
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥220 (vs JP¥266 in 1Q 2023)First quarter 2024 results: EPS: JP¥220 (down from JP¥266 in 1Q 2023). Revenue: JP¥137.7b (down 7.8% from 1Q 2023). Net income: JP¥5.77b (down 17% from 1Q 2023). Profit margin: 4.2% (down from 4.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.
Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥879 (vs JP¥576 in FY 2022)Full year 2023 results: EPS: JP¥879 (up from JP¥576 in FY 2022). Revenue: JP¥608.1b (up 23% from FY 2022). Net income: JP¥23.1b (up 50% from FY 2022). Profit margin: 3.8% (up from 3.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Germany.
お知らせ • May 12+ 2 more updatesKaga Electronics Co.,Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Kaga Electronics Co.,Ltd. provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects dividend of JPY 110.00 compared to JPY 120.00 a year ago.
お知らせ • May 04+ 3 more updatesKaga Electronics Co.,Ltd. to Report Q1, 2024 Results on Aug 03, 2023Kaga Electronics Co.,Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023
Upcoming Dividend • Mar 23Upcoming dividend of JP¥120 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 4.4% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%).
お知らせ • Feb 08+ 1 more updateKaga Electronics Co.,Ltd. Provides Guidance on Extraordinary Dividend for the Fiscal Year Ending March 2023Kaga Electronics Co.,Ltd. provides guidance on extraordinary dividend for the fiscal year ending March 2023. The company expects to pay commemorative dividend of JPY 10.00 and extraordinary dividend of JPY 40.00 for the fiscal year ending March 2023.
Reported Earnings • Feb 08Third quarter 2023 earnings released: EPS: JP¥215 (vs JP¥182 in 3Q 2022)Third quarter 2023 results: EPS: JP¥215 (up from JP¥182 in 3Q 2022). Revenue: JP¥153.5b (up 18% from 3Q 2022). Net income: JP¥5.64b (up 18% from 3Q 2022). Profit margin: 3.7% (in line with 3Q 2022). Revenue is forecast to grow 3.1% 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 • Feb 07+ 1 more updateKaga Electronics Co.,Ltd. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2023Kaga Electronics Co.,Ltd. revised consolidated earnings guidance for the year ending March 31, 2023. For the year, the company revised net sales of JPY 585,000 compared to previous guidance of JPY 570,000 million, operating income of JPY 29,500 million compared to previous guidance of JPY 28,000 million, profit attributable to owners of parent of JPY 21,000 million compared to previous guidance of JPY 20,000 million. Net income per share of JPY 799.78 compared to previous guidance of JPY 761.70.
Reported Earnings • Nov 18Second quarter 2023 earnings released: EPS: JP¥245 (vs JP¥103 in 2Q 2022)Second quarter 2023 results: EPS: JP¥245 (up from JP¥103 in 2Q 2022). Revenue: JP¥149.5b (up 28% from 2Q 2022). Net income: JP¥6.43b (up 134% from 2Q 2022). Profit margin: 4.3% (up from 2.4% 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.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Outside Director Hirokazu Nishiyama 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. Insufficient board refreshment.
Reported Earnings • Nov 10Second quarter 2023 earnings released: EPS: JP¥255 (vs JP¥103 in 2Q 2022)Second quarter 2023 results: EPS: JP¥255 (up from JP¥103 in 2Q 2022). Revenue: JP¥149.4b (up 28% from 2Q 2022). Net income: JP¥6.71b (up 144% from 2Q 2022). Profit margin: 4.5% (up from 2.4% 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 • Nov 09+ 1 more update\Kaga Electronics Co.,Ltd. Announces Dividend for the Second Quarter End of Fiscal Year Ending March 2023, Payable on December 2, 2022; Provides Dividend Guidance for the Year Ending March 2023Kaga Electronics Co.,Ltd. announced dividend for the second quarter end of fiscal year ending March 2023. For the second quarter, the company expects a dividend of ¥100.00 per share against ¥45.00 per share paid a year ago. Payable on December 2, 2022. For the year ending March 2023, the company expects a dividend of ¥100.00 per share against ¥75.00 per share paid a year ago.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.2%).
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to €28.00, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 34% over the past year.
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥266 (vs JP¥105 in 1Q 2022)First quarter 2023 results: EPS: JP¥266 (up from JP¥105 in 1Q 2022). Revenue: JP¥149.3b (up 41% from 1Q 2022). Net income: JP¥6.98b (up 143% from 1Q 2022). Profit margin: 4.7% (up from 2.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.6% compared to a 21% growth forecast for the industry in Germany.
お知らせ • Aug 05+ 1 more updateKaga Electronics Co.,Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Kaga Electronics Co.,Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company now expects net sales of JPY 540,000 million against previous guidance of JPY 510,000 million, operating income of JPY 24,000 million against previous guidance of JPY 21,200 million, profit attributable to owners of the parent of JPY 16,000 million against previous guidance of JPY 14,500 million and earnings per share of JPY 609.58 against previous guidance of JPY 552.42.
Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥576 (vs JP¥415 in FY 2021)Full year 2022 results: EPS: JP¥576 (up from JP¥415 in FY 2021). Revenue: JP¥495.8b (up 17% from FY 2021). Net income: JP¥15.4b (up 35% from FY 2021). Profit margin: 3.1% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 21% growth forecast for the industry in Germany.
お知らせ • May 13+ 2 more updatesKaga Electronics Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Kaga Electronics Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 510,000 million, operating income of JPY 21,000 million, profit attributable to owners of parent of JPY 14,500 million and earnings per share of JPY 552.42.
お知らせ • May 12+ 1 more updateKaga Electronics Co.,Ltd. Proposes Commemorative Dividend for the Fiscal Year Ending March 31, 2023Kaga Electronics Co.,Ltd. proposed commemorative dividend of JPY 10.00 per share for the fiscal year ending March 31, 2023.
お知らせ • May 09+ 1 more updateKaga Electronics Co.,Ltd. Provides Dividend Guidance for the Year Ending March 2022Kaga Electronics Co.,Ltd. provided dividend guidance for the year ending March 2022. For the year, the company expects to pay dividend of ¥75.00 per share compared to forecast of ¥65.00 per share which was announced on February 3, 2022.
Board Change • Apr 29Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Outside Director Hirokazu Nishiyama 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. Insufficient board refreshment.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.7%).
お知らせ • Feb 10Kaga Electronics Co.,Ltd. Announces Personnel ChangesKaga Electronics Co. Ltd. announced that, at a Board of Directors meeting held on February 10, 2022, a resolution was passed on the introduction of a delegation-based executive officer structure and officer personnel changes, as follows. The appointment and dismissal of delegated executive officers shall be determined by the Board of Directors upon having received a report from the Nomination and Compensation Committee. Scheduled introduction date of the delegation-based executive officer structure April 1, 2022. Name: Shinsuke Takahashi, New position: Director, Senior Managing Executive Officer. Former position: Senior Managing Director. Name: Shinsuke Takahashi, New position: Director, Senior Managing Executive Officer. Former position: Senior Managing Director. Name: Shinsuke Takahashi, New position: Director, Senior Managing Executive Officer. Former position: Senior Managing Director. Name: Shintaro Kakei, New position: Director, Senior Managing Executive Officer. Former position: Senior Managing Director. Name: Eiji Kawamura, New position: Director, Managing Executive Officer Head of Administration Headquarters. Former position: Managing Director, Head of Administration Headquarters. Name: Motonori Toshinari, New position: Director, Executive Officer, Division Manager of EMS Business Division. Former position: Director, Division Manager of EMS Business Division. Name: Mitsuhiro Nohara, New position: Director, Executive Officer. Former position: Director, Executive Officer.
Reported Earnings • Feb 04Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥182 (up from JP¥71.20 in 3Q 2021). Revenue: JP¥129.7b (up 23% from 3Q 2021). Net income: JP¥4.79b (up 145% from 3Q 2021). Profit margin: 3.7% (up from 1.9% in 3Q 2021). Revenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 1.7%, compared to a 23% growth forecast for the industry in Germany.
お知らせ • Feb 04+ 4 more updatesKaga Electronics Co.,Ltd., Annual General Meeting, Jun 28, 2022Kaga Electronics Co.,Ltd., Annual General Meeting, Jun 28, 2022.
お知らせ • Feb 03+ 3 more updatesKaga Electronics Co.,Ltd. Provides Extra Ordinary Dividend Guidance for the Year Ending March 2022Kaga Electronics Co.,Ltd. provided extra ordinary dividend guidance for the year ending March 2022. For the year, the company expects to pay dividend of ¥25.00 per share compared to ¥20.00 per share paid in last year.
Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥103 (vs JP¥77.54 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥117.1b (up 12% from 2Q 2021). Net income: JP¥2.75b (up 29% from 2Q 2021). Profit margin: 2.4% (up from 2.0% in 2Q 2021).
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%).
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to €25.72, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 21x in the Electronic industry in Germany.
Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥106 (vs JP¥315 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥105.9b (up 26% from 1Q 2021). Net income: JP¥2.91b (down 66% from 1Q 2021). Profit margin: 2.7% (down from 10% in 1Q 2021).
お知らせ • Aug 06Kaga Electronics Co.,Ltd. (TSE:8154) announces an Equity Buyback for 1,300,000 shares, representing 4.73% for ¥3,877.9 million.Kaga Electronics Co.,Ltd. (TSE:8154) announces a share repurchase program. Under the program, the company will repurchase up to 1,300,000 shares, representing 4.73% of its share capital for ¥3,877.9 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy by aiming for the improvement of capital efficiency. The program will be valid until August 6, 2021. As of March 31, 2021, the company had 27,474,407 shares outstanding excluding treasury shares, and 1,227,711 shares in treasury.
Board Change • Jul 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Hirokazu Nishiyama 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 • May 15Full year 2021 earnings released: EPS JP¥415 (vs JP¥213 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥422.4b (down 4.8% from FY 2020). Net income: JP¥11.4b (up 95% from FY 2020). Profit margin: 2.7% (up from 1.3% in FY 2020).
お知らせ • May 15+ 2 more updatesKaga Electronics Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022Kaga Electronics Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company expects net sales of JPY 470,000 million, operating income of JPY 13,000 million, profit attributable to owners of parent of JPY 8,000 million and earnings per share of JPY 291.20.
お知らせ • Apr 29+ 1 more updateKaga Electronics Co.,Ltd. Revises Earnings Guidance for the Year Ending March 31, 2021Kaga Electronics Co.,Ltd. revised consolidated earnings guidance for the year ending March 31, 2021. For the year, the company revised net sales of JPY 422,000 million compared to previous forecast of JPY 415,000 million. Operating income of JPY 11,400 million compared to previous forecast of JPY 9,000 million. Profit attributable to owners of parent of JPY 11,400 million or JPY 415.07 per share compared to previous forecast of JPY 10,500 million or JPY 382.30 per share.