Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,051, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 239% over the past three years. Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥199 (vs JP¥176 in FY 2025) Full year 2026 results: EPS: JP¥199 (up from JP¥176 in FY 2025). Revenue: JP¥149.4b (up 10% from FY 2025). Net income: JP¥9.33b (up 14% from FY 2025). Profit margin: 6.2% (up from 6.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. お知らせ • May 15
PS Construction Co., Ltd., Annual General Meeting, Jun 22, 2026 PS Construction Co., Ltd., Annual General Meeting, Jun 22, 2026. New Risk • May 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% 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. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). お知らせ • May 09
PS Construction Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026 PS Construction Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥69.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥2,844, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 14x in the Construction industry in Japan. Total returns to shareholders of 406% over the past three years. Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥85.22 (vs JP¥75.95 in 3Q 2025) Third quarter 2026 results: EPS: JP¥85.22 (up from JP¥75.95 in 3Q 2025). Revenue: JP¥41.0b (up 7.8% from 3Q 2025). Net income: JP¥3.99b (up 12% from 3Q 2025). Profit margin: 9.7% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. お知らせ • Dec 24
PS Construction Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 PS Construction Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 New Risk • Nov 14
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: JP¥62.59 (vs JP¥46.10 in 2Q 2025) Second quarter 2026 results: EPS: JP¥62.59 (up from JP¥46.10 in 2Q 2025). Revenue: JP¥38.9b (up 17% from 2Q 2025). Net income: JP¥2.93b (up 36% from 2Q 2025). Profit margin: 7.5% (up from 6.5% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,121, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 327% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 12 December 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%). お知らせ • Sep 03
PS Construction Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 PS Construction Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥30.67 (vs JP¥33.88 in 1Q 2025) First quarter 2026 results: EPS: JP¥30.67 (down from JP¥33.88 in 1Q 2025). Revenue: JP¥34.1b (up 7.7% from 1Q 2025). Net income: JP¥1.43b (down 9.2% from 1Q 2025). Profit margin: 4.2% (down from 5.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥176 (vs JP¥109 in FY 2024) Full year 2025 results: EPS: JP¥176 (up from JP¥109 in FY 2024). Revenue: JP¥135.6b (up 4.9% from FY 2024). Net income: JP¥8.22b (up 63% from FY 2024). Profit margin: 6.1% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. お知らせ • Jun 21
PS Construction Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 PS Construction Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 15
Full year 2025 earnings released: EPS: JP¥176 (vs JP¥109 in FY 2024) Full year 2025 results: EPS: JP¥176 (up from JP¥109 in FY 2024). Revenue: JP¥135.6b (up 4.9% from FY 2024). Net income: JP¥8.22b (up 63% from FY 2024). Profit margin: 6.1% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. お知らせ • May 13
PS Construction Co., Ltd., Annual General Meeting, Jun 20, 2025 PS Construction Co., Ltd., Annual General Meeting, Jun 20, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥48.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.3%). お知らせ • Mar 04
PS Construction Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 PS Construction Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥75.95 (vs JP¥27.76 in 3Q 2024) Third quarter 2025 results: EPS: JP¥75.95 (up from JP¥27.76 in 3Q 2024). Revenue: JP¥38.1b (up 18% from 3Q 2024). Net income: JP¥3.55b (up 174% from 3Q 2024). Profit margin: 9.3% (up from 4.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.8% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change). Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,443, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 179% over the past three years. お知らせ • Dec 18
PS Construction Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 PS Construction Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥46.10 (vs JP¥30.02 in 2Q 2024) Second quarter 2025 results: EPS: JP¥46.10 (up from JP¥30.02 in 2Q 2024). Revenue: JP¥33.2b (up 10% from 2Q 2024). Net income: JP¥2.15b (up 54% from 2Q 2024). Profit margin: 6.5% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.3%). お知らせ • Aug 29
PS Construction Co., Ltd. to Report Q2, 2025 Results on Nov 07, 2024 PS Construction Co., Ltd. announced that they will report Q2, 2025 results on Nov 07, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥33.88 (vs JP¥16.24 in 1Q 2024) First quarter 2025 results: EPS: JP¥33.88 (up from JP¥16.24 in 1Q 2024). Revenue: JP¥31.7b (up 15% from 1Q 2024). Net income: JP¥1.58b (up 110% from 1Q 2024). Profit margin: 5.0% (up from 2.7% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Aug 06
Now 25% overvalued Over the last 90 days, the stock has fallen 6.9% to JP¥948. The fair value is estimated to be JP¥760, however this is not to be taken as a sell 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 13%. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥842, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 58% over the past three years. Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: JP¥109 (vs JP¥81.41 in FY 2023) Full year 2024 results: EPS: JP¥109 (up from JP¥81.41 in FY 2023). Revenue: JP¥129.3b (up 18% from FY 2023). Net income: JP¥5.05b (up 33% from FY 2023). Profit margin: 3.9% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. お知らせ • Jun 23
P.S. Mitsubishi Construction Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 P.S. Mitsubishi Construction Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥109 (vs JP¥81.41 in FY 2023) Full year 2024 results: EPS: JP¥109 (up from JP¥81.41 in FY 2023). Revenue: JP¥129.3b (up 18% from FY 2023). Net income: JP¥5.05b (up 33% from FY 2023). Profit margin: 3.9% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. お知らせ • May 15
P.S. Mitsubishi Construction Co., Ltd., Annual General Meeting, Jun 21, 2024 P.S. Mitsubishi Construction Co., Ltd., Annual General Meeting, Jun 21, 2024. お知らせ • Mar 21
P.S. Mitsubishi Construction Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 P.S. Mitsubishi Construction Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 51% and the cash payout ratio is 90%. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.7%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥27.76 (vs JP¥24.81 in 3Q 2023) Third quarter 2024 results: EPS: JP¥27.76 (up from JP¥24.81 in 3Q 2023). Revenue: JP¥32.3b (up 24% from 3Q 2023). Net income: JP¥1.30b (up 12% from 3Q 2023). Profit margin: 4.0% (down from 4.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. お知らせ • Dec 10
P.S. Mitsubishi Construction Co., Ltd. to Report Q3, 2024 Results on Feb 13, 2024 P.S. Mitsubishi Construction Co., Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥30.02 (vs JP¥12.27 in 2Q 2023) Second quarter 2024 results: EPS: JP¥30.02 (up from JP¥12.27 in 2Q 2023). Revenue: JP¥30.1b (up 24% from 2Q 2023). Net income: JP¥1.40b (up 144% from 2Q 2023). Profit margin: 4.6% (up from 2.4% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥936, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 93% over the past three years. お知らせ • Sep 24
P.S. Mitsubishi Construction Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023 P.S. Mitsubishi Construction Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥16.24 (vs JP¥19.80 in 1Q 2023) First quarter 2024 results: EPS: JP¥16.24 (down from JP¥19.80 in 1Q 2023). Revenue: JP¥27.6b (up 18% from 1Q 2023). Net income: JP¥754.0m (down 19% from 1Q 2023). Profit margin: 2.7% (down from 4.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Board Change • Jul 05
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Executive Vice President, Manager of Osaka Branch & Representative Director Toshirou Kawahara was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥81.41 (vs JP¥97.25 in FY 2022) Full year 2023 results: EPS: JP¥81.41 (down from JP¥97.25 in FY 2022). Revenue: JP¥109.3b (flat on FY 2022). Net income: JP¥3.79b (down 17% from FY 2022). Profit margin: 3.5% (down from 4.1% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. お知らせ • Jun 26
P.S. Mitsubishi Construction Co., Ltd. to Report Q1, 2024 Results on Aug 08, 2023 P.S. Mitsubishi Construction Co., Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥81.40 (vs JP¥97.25 in FY 2022) Full year 2023 results: EPS: JP¥81.40 (down from JP¥97.25 in FY 2022). Revenue: JP¥109.3b (flat on FY 2022). Net income: JP¥3.79b (down 17% from FY 2022). Profit margin: 3.5% (down from 4.1% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 4.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥24.81 (vs JP¥20.12 in 3Q 2022) Third quarter 2023 results: EPS: JP¥24.81 (up from JP¥20.12 in 3Q 2022). Revenue: JP¥26.2b (down 2.3% from 3Q 2022). Net income: JP¥1.15b (up 23% from 3Q 2022). Profit margin: 4.4% (up from 3.5% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. お知らせ • Dec 17
P.S. Mitsubishi Construction Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023 P.S. Mitsubishi Construction Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Hideki Kato 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. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥12.27 (vs JP¥27.80 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.27 (down from JP¥27.80 in 2Q 2022). Revenue: JP¥24.2b (down 15% from 2Q 2022). Net income: JP¥572.0m (down 56% from 2Q 2022). Profit margin: 2.4% (down from 4.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. お知らせ • Sep 02
P.S. Mitsubishi Construction Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 P.S. Mitsubishi Construction Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥19.79 (vs JP¥33.28 in 1Q 2022) First quarter 2023 results: EPS: JP¥19.79 (down from JP¥33.28 in 1Q 2022). Revenue: JP¥23.3b (down 8.2% from 1Q 2022). Net income: JP¥925.0m (down 40% from 1Q 2022). Profit margin: 4.0% (down from 6.1% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 26
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥109.6b (down 6.5% from FY 2021). Net income: JP¥4.54b (down 19% from FY 2021). Profit margin: 4.1% (down from 4.8% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥97.25 (vs JP¥120 in FY 2021) Full year 2022 results: EPS: JP¥97.25 (down from JP¥120 in FY 2021). Revenue: JP¥109.6b (down 6.5% from FY 2021). Net income: JP¥4.54b (down 19% from FY 2021). Profit margin: 4.1% (down from 4.8% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. お知らせ • May 15
P.S. Mitsubishi Construction Co., Ltd., Annual General Meeting, Jun 22, 2022 P.S. Mitsubishi Construction Co., Ltd., Annual General Meeting, Jun 22, 2022. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Hideki Kato 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. お知らせ • Apr 07
P.S. Mitsubishi Construction Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 P.S. Mitsubishi Construction Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.1%). Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥20.12 (down from JP¥56.38 in 3Q 2021). Revenue: JP¥26.8b (down 16% from 3Q 2021). Net income: JP¥940.0m (down 64% from 3Q 2021). Profit margin: 3.5% (down from 8.2% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥27.80 (vs JP¥23.58 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥28.3b (down 3.2% from 2Q 2021). Net income: JP¥1.30b (up 18% from 2Q 2021). Profit margin: 4.6% (up from 3.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥33.28 (vs JP¥16.09 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥25.4b (up 12% from 1Q 2021). Net income: JP¥1.55b (up 108% from 1Q 2021). Profit margin: 6.1% (up from 3.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Jun 26
Full year 2021 earnings released: EPS JP¥120 (vs JP¥68.99 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥117.2b (up 11% from FY 2020). Net income: JP¥5.59b (up 74% from FY 2020). Profit margin: 4.8% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥120 (vs JP¥68.99 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥117.2b (up 11% from FY 2020). Net income: JP¥5.59b (up 74% from FY 2020). Profit margin: 4.8% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.8%. Within top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (2.6%). Is New 90 Day High Low • Mar 11
New 90-day high: JP¥734 The company is up 23% from its price of JP¥595 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 9.0% over the same period. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥689 The company is up 20% from its price of JP¥576 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 8.0% over the same period. Reported Earnings • Feb 08
Third quarter 2021 earnings released: EPS JP¥56.38 (vs JP¥25.99 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥31.8b (up 18% from 3Q 2020). Net income: JP¥2.63b (up 118% from 3Q 2020). Profit margin: 8.2% (up from 4.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 13
New 90-day high: JP¥630 The company is up 6.0% from its price of JP¥593 on 15 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Construction industry, which is also up 6.0% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: JP¥615 The company is up 1.0% from its price of JP¥606 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 2.0% over the same period. お知らせ • Dec 24
P.S. Mitsubishi Construction Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021 P.S. Mitsubishi Construction Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 お知らせ • Sep 25
P.S. Mitsubishi Construction Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 P.S. Mitsubishi Construction Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020 お知らせ • Jun 17
P.S. Mitsubishi Construction Co., Ltd. to Report Q1, 2021 Results on Aug 07, 2020 P.S. Mitsubishi Construction Co., Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020