View Future GrowthFrontier 過去の業績過去 基準チェック /56Frontierは、平均年間0.7%の収益成長を遂げていますが、 Auto Components業界の収益は、年間 成長しています。収益は、平均年間11.4% 1.4%収益成長率で 成長しています。 Frontierの自己資本利益率は16%であり、純利益率は4.5%です。主要情報0.74%収益成長率-1.63%EPS成長率Auto Components 業界の成長6.19%収益成長率1.44%株主資本利益率16.00%ネット・マージン4.45%前回の決算情報28 Feb 2026最近の業績更新Reported Earnings • Oct 18Third quarter 2024 earnings released: JP¥5.76 loss per share (vs JP¥38.87 profit in 3Q 2023)Third quarter 2024 results: JP¥5.76 loss per share (down from JP¥38.87 profit in 3Q 2023). Revenue: JP¥326.0m (down 44% from 3Q 2023). Net loss: JP¥4.00m (down 115% from profit in 3Q 2023).Reported Earnings • Jul 16Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥361.0m (down 27% from 2Q 2023). Net income: JP¥0 (down JP¥24.0m from profit in 2Q 2023). Profit margin: 0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue.Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥8.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.40 (up from JP¥8.64 in 1Q 2023). Revenue: JP¥417.0m (up 13% from 1Q 2023). Net income: JP¥10.0m (up 67% from 1Q 2023). Profit margin: 2.4% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue.Reported Earnings • Jan 16Full year 2023 earnings released: EPS: JP¥117 (vs JP¥56.15 in FY 2022)Full year 2023 results: EPS: JP¥117 (up from JP¥56.15 in FY 2022). Revenue: JP¥2.16b (up 13% from FY 2022). Net income: JP¥81.0m (up 108% from FY 2022). Profit margin: 3.7% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue.Reported Earnings • Oct 16Third quarter 2023 earnings released: EPS: JP¥38.87 (vs JP¥20.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥38.87 (up from JP¥20.16 in 3Q 2022). Revenue: JP¥583.0m (up 10% from 3Q 2022). Net income: JP¥27.0m (up 93% from 3Q 2022). Profit margin: 4.6% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: JP¥34.55 (vs JP¥15.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥34.55 (up from JP¥15.84 in 2Q 2022). Revenue: JP¥495.0m (up 33% from 2Q 2022). Net income: JP¥24.0m (up 118% from 2Q 2022). Profit margin: 4.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue.すべての更新を表示Recent updatesUpcoming Dividend • May 21Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 31 August 2026. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.9%).Board Change • May 20Less 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. 5 non-independent directors. Independent Outside Director Kenji Uchida was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Feb 04Frontier Inc. (FKSE:4250) announces an Equity Buyback for 100,000 shares, representing 7.2% for ¥59.5 million.Frontier Inc. (FKSE:4250) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 7.20% of its issued share capital, for ¥59.50 million. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy in response to changes in the business environment. The program will expire on February 5, 2026. As of November 30, 2025, the company had 1,389,200 shares in issue (excluding treasury shares) and 0 shares in treasury.お知らせ • Feb 25Frontier Inc., Annual General Meeting, Feb 27, 2025Frontier Inc., Annual General Meeting, Feb 27, 2025, at 10:00 Tokyo Standard Time. Location: 2-3-36 tenjin, chuo-ku, fukuoka prefecture , ibb fukuoka 6th floor conference room, fukuoka JapanReported Earnings • Oct 18Third quarter 2024 earnings released: JP¥5.76 loss per share (vs JP¥38.87 profit in 3Q 2023)Third quarter 2024 results: JP¥5.76 loss per share (down from JP¥38.87 profit in 3Q 2023). Revenue: JP¥326.0m (down 44% from 3Q 2023). Net loss: JP¥4.00m (down 115% from profit in 3Q 2023).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥847, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 8x in the Auto Components industry in Japan. Total loss to shareholders of 9.7% over the past year.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,088, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 9x in the Auto Components industry in Japan. Total returns to shareholders of 6.5% over the past year.Reported Earnings • Jul 16Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥361.0m (down 27% from 2Q 2023). Net income: JP¥0 (down JP¥24.0m from profit in 2Q 2023). Profit margin: 0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue.Upcoming Dividend • May 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 20% and the cash payout ratio is 83%. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.9%).Board Change • May 09Less 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. 5 non-independent directors. Independent Outside Director Kenji Uchida was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥8.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.40 (up from JP¥8.64 in 1Q 2023). Revenue: JP¥417.0m (up 13% from 1Q 2023). Net income: JP¥10.0m (up 67% from 1Q 2023). Profit margin: 2.4% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,400, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 82% over the past year.Reported Earnings • Jan 16Full year 2023 earnings released: EPS: JP¥117 (vs JP¥56.15 in FY 2022)Full year 2023 results: EPS: JP¥117 (up from JP¥56.15 in FY 2022). Revenue: JP¥2.16b (up 13% from FY 2022). Net income: JP¥81.0m (up 108% from FY 2022). Profit margin: 3.7% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue.Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 28 February 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.8%).Reported Earnings • Oct 16Third quarter 2023 earnings released: EPS: JP¥38.87 (vs JP¥20.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥38.87 (up from JP¥20.16 in 3Q 2022). Revenue: JP¥583.0m (up 10% from 3Q 2022). Net income: JP¥27.0m (up 93% from 3Q 2022). Profit margin: 4.6% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue.New Risk • Jul 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (32% accrual ratio). Market cap is less than US$10m (JP¥673.8m market cap, or US$4.86m). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: JP¥34.55 (vs JP¥15.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥34.55 (up from JP¥15.84 in 2Q 2022). Revenue: JP¥495.0m (up 33% from 2Q 2022). Net income: JP¥24.0m (up 118% from 2Q 2022). Profit margin: 4.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • Apr 16First quarter 2023 earnings released: EPS: JP¥8.64 (vs JP¥4.32 in 1Q 2022)First quarter 2023 results: EPS: JP¥8.64 (up from JP¥4.32 in 1Q 2022). Revenue: JP¥369.0m (up 4.8% from 1Q 2022). Net income: JP¥6.00m (up 100% from 1Q 2022). Profit margin: 1.6% (up from 0.9% in 1Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • Mar 04Full year 2022 earnings released: EPS: JP¥56.15 (vs JP¥102 in FY 2021)Full year 2022 results: EPS: JP¥56.15 (down from JP¥102 in FY 2021). Revenue: JP¥1.92b (up 14% from FY 2021). Net income: JP¥39.0m (down 40% from FY 2021). Profit margin: 2.0% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Jan 15Full year 2022 earnings released: EPS: JP¥56.15 (vs JP¥102 in FY 2021)Full year 2022 results: EPS: JP¥56.15 (down from JP¥102 in FY 2021). Revenue: JP¥1.92b (up 14% from FY 2021). Net income: JP¥39.0m (down 40% from FY 2021). Profit margin: 2.0% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses.Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 28 February 2023. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.0%).Board Change • Nov 17No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Kenji Uchida was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 15Third quarter 2022 earnings released: EPS: JP¥20.16 (vs JP¥41.27 in 3Q 2021)Third quarter 2022 results: EPS: JP¥20.16 (down from JP¥41.27 in 3Q 2021). Revenue: JP¥529.0m (up 8.8% from 3Q 2021). Net income: JP¥14.0m (down 46% from 3Q 2021). Profit margin: 2.6% (down from 5.3% in 3Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Jul 17Second quarter 2022 earnings released: EPS: JP¥15.84 (vs JP¥23.02 in 2Q 2021)Second quarter 2022 results: EPS: JP¥15.84 (down from JP¥23.02 in 2Q 2021). Revenue: JP¥373.0m (up 22% from 2Q 2021). Net income: JP¥11.0m (down 24% from 2Q 2021). Profit margin: 2.9% (down from 4.7% in 2Q 2021). The decrease in margin was driven by higher expenses.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Kenji Uchida was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 15First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: JP¥4.32 (down from JP¥23.02 in 1Q 2021). Revenue: JP¥352.0m (up 15% from 1Q 2021). Net income: JP¥3.00m (down 79% from 1Q 2021). Profit margin: 0.9% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%.Reported Earnings • Mar 03Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥102 (up from JP¥96.83 in FY 2020). Revenue: JP¥1.68b (up 13% from FY 2020). Net income: JP¥65.0m (up 6.6% from FY 2020). Profit margin: 3.9% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%.Reported Earnings • Jan 16Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥102 (up from JP¥96.83 in FY 2020). Revenue: JP¥1.68b (up 13% from FY 2020). Net income: JP¥65.0m (up 6.6% from FY 2020). Profit margin: 3.9% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 17%.Board Change • Nov 03No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Nobuyasu Rikimaru was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.収支内訳Frontier の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史FKSE:4250 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費28 Feb 261,70776607030 Nov 251,68681597031 Aug 251,79190603031 May 251,71160597028 Feb 251,58830596030 Nov 241,63427593031 Aug 241,81830589031 May 242,07561594029 Feb 242,20985603030 Nov 232,16181598031 Aug 232,11068577031 May 232,05655556028 Feb 231,93442527030 Nov 221,91739505031 Aug 221,83238493031 May 221,78950484028 Feb 221,72254472030 Nov 211,67665472031 Aug 211,55878462031 May 211,53175459028 Feb 211,50668448030 Nov 201,48061436031 Aug 201,38152427031 May 201,28242417029 Feb 201,26153410030 Nov 191,23963403031 Aug 191,15949398031 May 191,07935392028 Feb 191,07119393030 Nov 181,0632393030 Nov 171,19665351030 Nov 161,134-83180質の高い収益: 4250は 高品質の収益 を持っています。利益率の向上: 4250の現在の純利益率 (4.5%)は、昨年(1.9%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 4250の収益は過去 5 年間で年間0.7%増加しました。成長の加速: 4250の過去 1 年間の収益成長率 ( 153.3% ) は、5 年間の平均 ( 年間0.7%を上回っています。収益対業界: 4250の過去 1 年間の収益成長率 ( 153.3% ) はAuto Components業界29.3%を上回りました。株主資本利益率高いROE: 4250の 自己資本利益率 ( 16% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YAutomobiles 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/26 15:02終値2026/06/18 00:00収益2026/02/28年間収益2025/11/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Frontier Inc. 0 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。1 アナリスト機関Nobuyuki TakagiThe Stock Research Center
Reported Earnings • Oct 18Third quarter 2024 earnings released: JP¥5.76 loss per share (vs JP¥38.87 profit in 3Q 2023)Third quarter 2024 results: JP¥5.76 loss per share (down from JP¥38.87 profit in 3Q 2023). Revenue: JP¥326.0m (down 44% from 3Q 2023). Net loss: JP¥4.00m (down 115% from profit in 3Q 2023).
Reported Earnings • Jul 16Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥361.0m (down 27% from 2Q 2023). Net income: JP¥0 (down JP¥24.0m from profit in 2Q 2023). Profit margin: 0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue.
Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥8.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.40 (up from JP¥8.64 in 1Q 2023). Revenue: JP¥417.0m (up 13% from 1Q 2023). Net income: JP¥10.0m (up 67% from 1Q 2023). Profit margin: 2.4% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue.
Reported Earnings • Jan 16Full year 2023 earnings released: EPS: JP¥117 (vs JP¥56.15 in FY 2022)Full year 2023 results: EPS: JP¥117 (up from JP¥56.15 in FY 2022). Revenue: JP¥2.16b (up 13% from FY 2022). Net income: JP¥81.0m (up 108% from FY 2022). Profit margin: 3.7% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Oct 16Third quarter 2023 earnings released: EPS: JP¥38.87 (vs JP¥20.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥38.87 (up from JP¥20.16 in 3Q 2022). Revenue: JP¥583.0m (up 10% from 3Q 2022). Net income: JP¥27.0m (up 93% from 3Q 2022). Profit margin: 4.6% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: JP¥34.55 (vs JP¥15.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥34.55 (up from JP¥15.84 in 2Q 2022). Revenue: JP¥495.0m (up 33% from 2Q 2022). Net income: JP¥24.0m (up 118% from 2Q 2022). Profit margin: 4.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue.
Upcoming Dividend • May 21Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 31 August 2026. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.9%).
Board Change • May 20Less 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. 5 non-independent directors. Independent Outside Director Kenji Uchida was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 04Frontier Inc. (FKSE:4250) announces an Equity Buyback for 100,000 shares, representing 7.2% for ¥59.5 million.Frontier Inc. (FKSE:4250) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 7.20% of its issued share capital, for ¥59.50 million. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy in response to changes in the business environment. The program will expire on February 5, 2026. As of November 30, 2025, the company had 1,389,200 shares in issue (excluding treasury shares) and 0 shares in treasury.
お知らせ • Feb 25Frontier Inc., Annual General Meeting, Feb 27, 2025Frontier Inc., Annual General Meeting, Feb 27, 2025, at 10:00 Tokyo Standard Time. Location: 2-3-36 tenjin, chuo-ku, fukuoka prefecture , ibb fukuoka 6th floor conference room, fukuoka Japan
Reported Earnings • Oct 18Third quarter 2024 earnings released: JP¥5.76 loss per share (vs JP¥38.87 profit in 3Q 2023)Third quarter 2024 results: JP¥5.76 loss per share (down from JP¥38.87 profit in 3Q 2023). Revenue: JP¥326.0m (down 44% from 3Q 2023). Net loss: JP¥4.00m (down 115% from profit in 3Q 2023).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥847, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 8x in the Auto Components industry in Japan. Total loss to shareholders of 9.7% over the past year.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,088, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 9x in the Auto Components industry in Japan. Total returns to shareholders of 6.5% over the past year.
Reported Earnings • Jul 16Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥361.0m (down 27% from 2Q 2023). Net income: JP¥0 (down JP¥24.0m from profit in 2Q 2023). Profit margin: 0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue.
Upcoming Dividend • May 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 20% and the cash payout ratio is 83%. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.9%).
Board Change • May 09Less 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. 5 non-independent directors. Independent Outside Director Kenji Uchida was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥8.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.40 (up from JP¥8.64 in 1Q 2023). Revenue: JP¥417.0m (up 13% from 1Q 2023). Net income: JP¥10.0m (up 67% from 1Q 2023). Profit margin: 2.4% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,400, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 82% over the past year.
Reported Earnings • Jan 16Full year 2023 earnings released: EPS: JP¥117 (vs JP¥56.15 in FY 2022)Full year 2023 results: EPS: JP¥117 (up from JP¥56.15 in FY 2022). Revenue: JP¥2.16b (up 13% from FY 2022). Net income: JP¥81.0m (up 108% from FY 2022). Profit margin: 3.7% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue.
Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 28 February 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.8%).
Reported Earnings • Oct 16Third quarter 2023 earnings released: EPS: JP¥38.87 (vs JP¥20.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥38.87 (up from JP¥20.16 in 3Q 2022). Revenue: JP¥583.0m (up 10% from 3Q 2022). Net income: JP¥27.0m (up 93% from 3Q 2022). Profit margin: 4.6% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue.
New Risk • Jul 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (32% accrual ratio). Market cap is less than US$10m (JP¥673.8m market cap, or US$4.86m). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).
Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: JP¥34.55 (vs JP¥15.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥34.55 (up from JP¥15.84 in 2Q 2022). Revenue: JP¥495.0m (up 33% from 2Q 2022). Net income: JP¥24.0m (up 118% from 2Q 2022). Profit margin: 4.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 16First quarter 2023 earnings released: EPS: JP¥8.64 (vs JP¥4.32 in 1Q 2022)First quarter 2023 results: EPS: JP¥8.64 (up from JP¥4.32 in 1Q 2022). Revenue: JP¥369.0m (up 4.8% from 1Q 2022). Net income: JP¥6.00m (up 100% from 1Q 2022). Profit margin: 1.6% (up from 0.9% in 1Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Mar 04Full year 2022 earnings released: EPS: JP¥56.15 (vs JP¥102 in FY 2021)Full year 2022 results: EPS: JP¥56.15 (down from JP¥102 in FY 2021). Revenue: JP¥1.92b (up 14% from FY 2021). Net income: JP¥39.0m (down 40% from FY 2021). Profit margin: 2.0% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Jan 15Full year 2022 earnings released: EPS: JP¥56.15 (vs JP¥102 in FY 2021)Full year 2022 results: EPS: JP¥56.15 (down from JP¥102 in FY 2021). Revenue: JP¥1.92b (up 14% from FY 2021). Net income: JP¥39.0m (down 40% from FY 2021). Profit margin: 2.0% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 28 February 2023. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.0%).
Board Change • Nov 17No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Kenji Uchida was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 15Third quarter 2022 earnings released: EPS: JP¥20.16 (vs JP¥41.27 in 3Q 2021)Third quarter 2022 results: EPS: JP¥20.16 (down from JP¥41.27 in 3Q 2021). Revenue: JP¥529.0m (up 8.8% from 3Q 2021). Net income: JP¥14.0m (down 46% from 3Q 2021). Profit margin: 2.6% (down from 5.3% in 3Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Jul 17Second quarter 2022 earnings released: EPS: JP¥15.84 (vs JP¥23.02 in 2Q 2021)Second quarter 2022 results: EPS: JP¥15.84 (down from JP¥23.02 in 2Q 2021). Revenue: JP¥373.0m (up 22% from 2Q 2021). Net income: JP¥11.0m (down 24% from 2Q 2021). Profit margin: 2.9% (down from 4.7% in 2Q 2021). The decrease in margin was driven by higher expenses.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Kenji Uchida was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 15First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: JP¥4.32 (down from JP¥23.02 in 1Q 2021). Revenue: JP¥352.0m (up 15% from 1Q 2021). Net income: JP¥3.00m (down 79% from 1Q 2021). Profit margin: 0.9% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%.
Reported Earnings • Mar 03Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥102 (up from JP¥96.83 in FY 2020). Revenue: JP¥1.68b (up 13% from FY 2020). Net income: JP¥65.0m (up 6.6% from FY 2020). Profit margin: 3.9% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%.
Reported Earnings • Jan 16Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥102 (up from JP¥96.83 in FY 2020). Revenue: JP¥1.68b (up 13% from FY 2020). Net income: JP¥65.0m (up 6.6% from FY 2020). Profit margin: 3.9% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 17%.
Board Change • Nov 03No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Nobuyasu Rikimaru was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.