View ValuationALCONIX 将来の成長Future 基準チェック /06ALCONIXの収益は年間7.4%で減少すると予測されていますが、年間収益は年間1.6%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に8.4% 7.4%なると予測されています。主要情報-7.4%収益成長率-7.40%EPS成長率Trade Distributors 収益成長5.1%収益成長率1.6%将来の株主資本利益率8.40%アナリストカバレッジLow最終更新日23 Jun 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • Aug 06First quarter 2027 earnings released: EPS: JP¥189 (vs JP¥42.33 in 1Q 2026)First quarter 2027 results: EPS: JP¥189 (up from JP¥42.33 in 1Q 2026). Revenue: JP¥72.5b (up 38% from 1Q 2026). Net income: JP¥5.69b (up 349% from 1Q 2026). Profit margin: 7.8% (up from 2.4% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 37% per year.New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% 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 Debt is not well covered by operating cash flow (4.0% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥3,160, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Trade Distributors industry in Japan. Total returns to shareholders of 166% over the past three years.Board Change • Aug 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Shinji Sato was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Declared Dividend • Jul 25Final dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 29th September 2026 Payment date: 25th November 2026 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 02ALCONIX Corporation to Report Q1, 2027 Results on Aug 05, 2026ALCONIX Corporation announced that they will report Q1, 2027 results on Aug 05, 2026Reported Earnings • Jun 23Full year 2026 earnings released: EPS: JP¥187 (vs JP¥159 in FY 2025)Full year 2026 results: EPS: JP¥187 (up from JP¥159 in FY 2025). Revenue: JP¥219.7b (up 12% from FY 2025). Net income: JP¥5.60b (up 17% from FY 2025). Profit margin: 2.5% (up from 2.4% 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 18% per year whereas the company’s share price has increased by 20% per year.New Risk • Jun 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.0% operating cash flow to total debt). Earnings have declined by 8.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.分析記事 • May 24ALCONIX's (TSE:3036) Earnings Are Weaker Than They SeemDespite announcing strong earnings, ALCONIX Corporation's ( TSE:3036 ) stock was sluggish. Our analysis uncovered some...お知らせ • May 15ALCONIX Corporation, Annual General Meeting, Jun 24, 2026ALCONIX Corporation, Annual General Meeting, Jun 24, 2026.お知らせ • May 09ALCONIX Corporation to Report Fiscal Year 2026 Results on May 15, 2026ALCONIX Corporation announced that they will report fiscal year 2026 results on May 15, 2026Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥78.97 (vs JP¥30.20 in 3Q 2025)Third quarter 2026 results: EPS: JP¥78.97 (up from JP¥30.20 in 3Q 2025). Revenue: JP¥55.8b (up 9.0% from 3Q 2025). Net income: JP¥2.37b (up 160% from 3Q 2025). Profit margin: 4.3% (up from 1.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 05ALCONIX Corporation to Report Q3, 2026 Results on Feb 09, 2026ALCONIX Corporation announced that they will report Q3, 2026 results on Feb 09, 2026Declared Dividend • Nov 26First half dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 30th March 2026 Payment date: 19th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥43.53 (vs JP¥45.42 in 2Q 2025)Second quarter 2026 results: EPS: JP¥43.53 (down from JP¥45.42 in 2Q 2025). Revenue: JP¥49.5b (flat on 2Q 2025). Net income: JP¥1.31b (down 4.8% from 2Q 2025). Profit margin: 2.6% (down from 2.8% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% 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 • Oct 04ALCONIX Corporation to Report Q2, 2026 Results on Nov 06, 2025ALCONIX Corporation announced that they will report Q2, 2026 results on Nov 06, 2025分析記事 • Sep 27ALCONIX (TSE:3036) Has Announced A Dividend Of ¥42.00ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥42.00 per share on the 26th of November...分析記事 • Sep 11ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥42.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥42.00 per share on 26th of November. This...分析記事 • Aug 28ALCONIX's (TSE:3036) Dividend Will Be ¥42.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend on the 26th of November, with...分析記事 • Aug 10ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥42.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥42.00 per share on 26th of November. This...Reported Earnings • Aug 06First quarter 2026 earnings released: EPS: JP¥42.33 (vs JP¥42.77 in 1Q 2025)First quarter 2026 results: EPS: JP¥42.33 (down from JP¥42.77 in 1Q 2025). Revenue: JP¥52.5b (up 14% from 1Q 2025). Net income: JP¥1.27b (down 1.7% from 1Q 2025). Profit margin: 2.4% (down from 2.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.分析記事 • Jul 27ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥42.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥42.00 per share on the 26th...Board Change • Jul 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hideki Matsuo was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Jul 13ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥42.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend on the 26th of November, with...Declared Dividend • Jul 09Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th September 2025 Payment date: 26th November 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 20Full year 2025 earnings released: EPS: JP¥159 (vs JP¥53.04 in FY 2024)Full year 2025 results: EPS: JP¥159 (up from JP¥53.04 in FY 2024). Revenue: JP¥197.0b (up 13% from FY 2024). Net income: JP¥4.81b (up 201% from FY 2024). Profit margin: 2.4% (up from 0.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Jun 19ALCONIX Corporation to Report Q1, 2026 Results on Aug 05, 2025ALCONIX Corporation announced that they will report Q1, 2026 results on Aug 05, 2025Reported Earnings • May 20Full year 2025 earnings released: EPS: JP¥159 (vs JP¥53.04 in FY 2024)Full year 2025 results: EPS: JP¥159 (up from JP¥53.04 in FY 2024). Revenue: JP¥197.0b (up 13% from FY 2024). Net income: JP¥4.81b (up 201% from FY 2024). Profit margin: 2.4% (up from 0.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.分析記事 • May 15We Think ALCONIX (TSE:3036) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • May 15ALCONIX Corporation, Annual General Meeting, Jun 18, 2025ALCONIX Corporation, Annual General Meeting, Jun 18, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 20 June 2025. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).分析記事 • Mar 05ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥32.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥32.00 per share on the 20th...お知らせ • Mar 05ALCONIX Corporation to Report Fiscal Year 2025 Results on May 15, 2025ALCONIX Corporation announced that they will report fiscal year 2025 results on May 15, 2025Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: JP¥30.20 (vs JP¥29.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.20 (up from JP¥29.36 in 3Q 2024). Revenue: JP¥51.2b (up 8.7% from 3Q 2024). Net income: JP¥913.0m (up 3.2% from 3Q 2024). Profit margin: 1.8% (down from 1.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Feb 11ALCONIX Corporation (TSE:3036) announces an Equity Buyback for 350,000 shares, for ¥525 million.ALCONIX Corporation (TSE:3036) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares for ¥525 million. The repurchase price will be ¥1,500 per share.分析記事 • Feb 10ALCONIX's (TSE:3036) Dividend Will Be ¥32.00ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥32.00 per share on the 20th of June...分析記事 • Jan 27ALCONIX's (TSE:3036) Dividend Will Be ¥32.00ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥32.00 per share on the 20th of June...お知らせ • Jan 17ALCONIX Corporation to Report Q3, 2025 Results on Feb 10, 2025ALCONIX Corporation announced that they will report Q3, 2025 results on Feb 10, 2025分析記事 • Jan 13ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥32.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥32.00 per share on 20th of June. This...分析記事 • Dec 30ALCONIX's (TSE:3036) Dividend Will Be ¥32.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥32.00 per share on 20th of June. This...分析記事 • Nov 27ALCONIX's (TSE:3036) Dividend Will Be ¥32.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥32.00 per share on 20th of June. This...Declared Dividend • Nov 27First half dividend of JP¥32.00 announcedShareholders will receive a dividend of JP¥32.00. Ex-date: 28th March 2025 Payment date: 20th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 14% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.9% EPS decline seen over the last 5 years.New Risk • Nov 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥45.42 (vs JP¥35.12 in 2Q 2024)Second quarter 2025 results: EPS: JP¥45.42 (up from JP¥35.12 in 2Q 2024). Revenue: JP¥49.8b (up 20% from 2Q 2024). Net income: JP¥1.37b (up 30% from 2Q 2024). Profit margin: 2.8% (up from 2.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Oct 06ALCONIX Corporation to Report Q2, 2025 Results on Nov 06, 2024ALCONIX Corporation announced that they will report Q2, 2025 results on Nov 06, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 28 November 2024. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.3%).Reported Earnings • Aug 06First quarter 2025 earnings released: EPS: JP¥42.77 (vs JP¥28.50 in 1Q 2024)First quarter 2025 results: EPS: JP¥42.77 (up from JP¥28.50 in 1Q 2024). Revenue: JP¥45.9b (up 8.2% from 1Q 2024). Net income: JP¥1.29b (up 50% from 1Q 2024). Profit margin: 2.8% (up from 2.0% 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 41% 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.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¥1,241, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total loss to shareholders of 11% over the past three years.Declared Dividend • Jul 11Final dividend of JP¥29.00 announcedShareholders will receive a dividend of JP¥29.00. Ex-date: 27th September 2024 Payment date: 28th November 2024 Dividend yield will be 3.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 42% to shift the payout ratio to a potentially unsustainable range, which is more than the 19% EPS decline seen over the last 5 years.お知らせ • Jun 30ALCONIX Corporation to Report Q1, 2025 Results on Aug 05, 2024ALCONIX Corporation announced that they will report Q1, 2025 results on Aug 05, 2024分析記事 • Jun 27Some Investors May Be Willing To Look Past ALCONIX's (TSE:3036) Soft EarningsSoft earnings didn't appear to concern ALCONIX Corporation's ( TSE:3036 ) shareholders over the last week. We did some...Reported Earnings • Jun 25Full year 2024 earnings released: EPS: JP¥53.04 (vs JP¥182 in FY 2023)Full year 2024 results: EPS: JP¥53.04 (down from JP¥182 in FY 2023). Revenue: JP¥174.9b (down 1.9% from FY 2023). Net income: JP¥1.60b (down 71% from FY 2023). Profit margin: 0.9% (down from 3.1% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • May 20Full year 2024 earnings released: EPS: JP¥53.04 (vs JP¥182 in FY 2023)Full year 2024 results: EPS: JP¥53.04 (down from JP¥182 in FY 2023). Revenue: JP¥174.9b (down 1.9% from FY 2023). Net income: JP¥1.60b (down 71% from FY 2023). Profit margin: 0.9% (down from 3.1% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 25% 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 17ALCONIX Corporation, Annual General Meeting, Jun 19, 2024ALCONIX Corporation, Annual General Meeting, Jun 19, 2024.お知らせ • May 16+ 2 more updatesALCONIX Corporation Announces Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 20, 2024ALCONIX Corporation announced dividend of JPY 28.00 per share for the fiscal year ended March 31, 2024 against JPY 28.00 per share paid a year ago. Scheduled commencement date of payment of dividends is June 20, 2024.分析記事 • Mar 25ALCONIX's (TSE:3036) Dividend Will Be ¥27.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥27.00 per share on 24th of June. The...お知らせ • Mar 24ALCONIX Corporation to Report Fiscal Year 2024 Results on May 15, 2024ALCONIX Corporation announced that they will report fiscal year 2024 results on May 15, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.4%).分析記事 • Feb 29ALCONIX (TSE:3036) Will Pay A Dividend Of ¥27.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend on the 24th of June, with...お知らせ • Feb 29ALCONIX Corporation (TSE:3036) agreed to acquire Sakamoto Electric Mfg.Co.,Ltd. from Tsunetoshi Sakamoto and its founding familyALCONIX Corporation (TSE:3036) agreed to acquire Sakamoto Electric Mfg.Co.,Ltd. from Tsunetoshi Sakamoto and its founding family on February 27, 2024.Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥29.36 (vs JP¥31.59 in 3Q 2023)Third quarter 2024 results: EPS: JP¥29.36 (down from JP¥31.59 in 3Q 2023). Revenue: JP¥47.1b (up 8.3% from 3Q 2023). Net income: JP¥885.0m (down 6.9% from 3Q 2023). Profit margin: 1.9% (down from 2.2% 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 7% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Dec 28ALCONIX Corporation to Report Q3, 2024 Results on Feb 08, 2024ALCONIX Corporation announced that they will report Q3, 2024 results on Feb 08, 2024Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥35.12 (vs JP¥47.29 in 2Q 2023)Second quarter 2024 results: EPS: JP¥35.12 (down from JP¥47.29 in 2Q 2023). Revenue: JP¥41.4b (down 8.8% from 2Q 2023). Net income: JP¥1.06b (down 26% from 2Q 2023). Profit margin: 2.6% (down from 3.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥27.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.8%).Reported Earnings • Aug 08First quarter 2024 earnings released: EPS: JP¥28.50 (vs JP¥90.39 in 1Q 2023)First quarter 2024 results: EPS: JP¥28.50 (down from JP¥90.39 in 1Q 2023). Revenue: JP¥42.4b (down 9.5% from 1Q 2023). Net income: JP¥858.0m (down 68% from 1Q 2023). Profit margin: 2.0% (down from 5.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jul 06ALCONIX Corporation to Report Q1, 2024 Results on Aug 07, 2023ALCONIX Corporation announced that they will report Q1, 2024 results on Aug 07, 2023Reported Earnings • Jun 28Full year 2023 earnings released: EPS: JP¥182 (vs JP¥283 in FY 2022)Full year 2023 results: EPS: JP¥182 (down from JP¥283 in FY 2022). Revenue: JP¥178.3b (up 14% from FY 2022). Net income: JP¥5.49b (down 27% from FY 2022). Profit margin: 3.1% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥182 (vs JP¥283 in FY 2022)Full year 2023 results: EPS: JP¥182 (down from JP¥283 in FY 2022). Revenue: JP¥178.3b (up 14% from FY 2022). Net income: JP¥5.49b (down 27% from FY 2022). Profit margin: 3.1% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • May 12ALCONIX Corporation, Annual General Meeting, Jun 21, 2023ALCONIX Corporation, Annual General Meeting, Jun 21, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥26.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.8%).Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥31.59 (vs JP¥76.81 in 3Q 2022)Third quarter 2023 results: EPS: JP¥31.59 (down from JP¥76.81 in 3Q 2022). Revenue: JP¥43.5b (up 9.8% from 3Q 2022). Net income: JP¥951.0m (down 53% from 3Q 2022). Profit margin: 2.2% (down from 5.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 08+ 1 more updateALCONIX Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023ALCONIX Corporation provided dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 26.00 per share.お知らせ • Jan 06ALCONIX Corporation to Report Q3, 2023 Results on Feb 08, 2023ALCONIX Corporation announced that they will report Q3, 2023 results on Feb 08, 2023お知らせ • Dec 02ALCONIX Corporation (TSE:3036) Completed the acquisition of Soode Nagano Co., Ltd. from Takayuki Hayade.ALCONIX Corporation (TSE:3036) signed a share transfer agreement to acquire Soode Nagano Co., Ltd. from Takayuki Hayade for ¥8.8 billion on April 26, 2022. ALCONIX Corporation will acquire 1,440 shares of Soode Nagano Co., Ltd. in the deal. Post-completion, Soode Nagano Co., Ltd. will become a consolidated subsidiary of ALCONIX Corporation. ALCONIX Corporation plans to dispatch part-time Directors and part-time Corporate Auditors. The Board of Directors of ALCONIX Corporation has resolved the deal on April 26, 2022. The deal is expected to close on November 30, 2022. ALCONIX Corporation (TSE:3036) Completed the acquisition of Soode Nagano Co., Ltd. from Takayuki Hayade on November 30, 2022.Reported Earnings • Nov 17Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: JP¥45.4b (up 21% from 2Q 2022). Net income: JP¥1.42b (down 32% from 2Q 2022). Profit margin: 3.1% (down from 5.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). CEO & Chairman Masato Takei is the most experienced director on the board, commencing their role in 2009. Independent Director Yukiko Imazu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 10Second quarter 2023 earnings released: EPS: JP¥47.29 (vs JP¥83.42 in 2Q 2022)Second quarter 2023 results: EPS: JP¥47.29 (down from JP¥83.42 in 2Q 2022). Revenue: JP¥45.4b (up 21% from 2Q 2022). Net income: JP¥1.42b (down 32% from 2Q 2022). Profit margin: 3.1% (down from 5.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Nov 09+ 2 more updatesAlconix Corporation Announces Dividend for the Second Quarter End of Fiscal Year Ending March 31, 2023; Payable on November 29, 2022ALCONIX Corporation announced dividend for the second quarter end of fiscal year ending March 31, 2023. For the second quarter, the company decided to pay dividend JPY 26.00 against JPY 24.00 a year ago. Scheduled date of payment of dividend: November 29, 2022.お知らせ • Oct 05ALCONIX Corporation to Report Q2, 2023 Results on Nov 08, 2022ALCONIX Corporation announced that they will report Q2, 2023 results on Nov 08, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 29 November 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.6%).Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥90.39 (vs JP¥97.26 in 1Q 2022)First quarter 2023 results: EPS: JP¥90.39. Revenue: JP¥46.8b (up 27% from 1Q 2022). Net income: JP¥2.72b (up 12% from 1Q 2022). Profit margin: 5.8% (down from 6.6% in 1Q 2022). The decrease in margin was driven by higher expenses.お知らせ • Aug 05+ 2 more updatesAlconix Corporation Provides Dividend Guidance for the Second Quarter of Fiscal Year 2023ALCONIX Corporation provided dividend guidance for the second quarter of fiscal year 2023. For the period, the company expects to pay dividend of JPY 26.00 per share against a paid dividend of JPY 24.00 per share a year ago.お知らせ • Jul 07ALCONIX Corporation to Report Q1, 2023 Results on Aug 05, 2022ALCONIX Corporation announced that they will report Q1, 2023 results on Aug 05, 2022Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥283 (vs JP¥114 in FY 2021)Full year 2022 results: EPS: JP¥283 (up from JP¥114 in FY 2021). Revenue: JP¥156.3b (down 27% from FY 2021). Net income: JP¥7.51b (up 163% from FY 2021). Profit margin: 4.8% (up from 1.3% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • May 13+ 3 more updatesALCONIX Corporation, Annual General Meeting, Jun 22, 2022ALCONIX Corporation, Annual General Meeting, Jun 22, 2022.お知らせ • Apr 27ALCONIX Corporation (TSE:3036) signed a share transfer agreement to acquire Soode Nagano Co., Ltd. from Takayuki Hayade for ¥8.8 billion.ALCONIX Corporation (TSE:3036) signed a share transfer agreement to acquire Soode Nagano Co., Ltd. from Takayuki Hayade for ¥8.8 billion on April 26, 2022. ALCONIX Corporation will acquire 1,440 shares of Soode Nagano Co., Ltd. in the deal. Post-completion, Soode Nagano Co., Ltd. will become a consolidated subsidiary of ALCONIX Corporation. ALCONIX Corporation plans to dispatch part-time Directors and part-time Corporate Auditors. The Board of Directors of ALCONIX Corporation has resolved the deal on April 26, 2022. The deal is expected to close on November 30, 2022.Board Change • Apr 27No independent directorsThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). CEO, President, MD & Director Masato Takei is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.業績と収益の成長予測TSE:3036 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029249,0007,800N/AN/A13/31/2028242,0007,100N/AN/A13/31/2027235,0006,500N/AN/A16/30/2026239,72610,022N/AN/AN/A3/31/2026219,7205,598-6,2352,424N/A12/31/2025208,0086,176N/AN/AN/A9/30/2025203,3994,7174,78812,636N/A6/30/2025203,6604,783N/AN/AN/A3/31/2025197,0044,805-877,003N/A12/31/2024190,8822,371N/AN/AN/A9/30/2024186,7952,3432,7067,363N/A6/30/2024178,3812,029N/AN/AN/A3/31/2024174,9011,59811,77215,215N/A12/31/2023173,4673,197N/AN/AN/A9/30/2023169,8763,2633,2038,261N/A6/30/2023173,8663,628N/AN/AN/A3/31/2023178,3335,488-4,564226N/A12/31/2022177,8226,062N/AN/AN/A9/30/2022173,9287,123-7,092-3,333N/A6/30/2022166,1797,790N/AN/AN/A3/31/2022156,2867,507-7,589-3,329N/A12/31/2021176,7087,616N/AN/AN/A9/30/2021193,4126,173-4,537-901N/A6/30/2021203,8364,740N/AN/AN/A3/31/2021214,9872,8601,0454,098N/A12/31/2020209,1232,145N/AN/AN/A9/30/2020209,9572,9175,6399,257N/A6/30/2020220,1563,271N/AN/AN/A3/31/2020232,2423,617N/A9,091N/A12/31/2019237,2303,650N/AN/AN/A9/30/2019246,1323,154N/A9,208N/A6/30/2019250,9473,275N/AN/AN/A3/31/2019257,4374,009N/A5,279N/A12/31/2018260,0064,698N/AN/AN/A9/30/2018258,0335,322N/A1,931N/A6/30/2018256,0015,535N/AN/AN/A3/31/2018247,9315,336N/A2,849N/A12/31/2017239,4024,964N/AN/AN/A9/30/2017227,2384,198N/A13N/A6/30/2017212,7563,689N/AN/AN/A3/31/2017201,9483,083N/A140N/A12/31/2016194,3932,840N/AN/AN/A9/30/2016194,9154,924N/A8,699N/A6/30/2016196,6185,017N/AN/AN/A3/31/2016201,7554,977N/A10,630N/A12/31/2015203,5514,790N/AN/AN/A9/30/2015205,7282,934N/A5,895N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3036の収益は今後 3 年間で減少すると予測されています (年間-7.4% )。収益対市場: 3036の収益は今後 3 年間で減少すると予測されています (年間-7.4% )。高成長収益: 3036の収益は今後 3 年間で減少すると予測されています。収益対市場: 3036の収益 ( 1.6% ) JP市場 ( 6% ) よりも低い成長が予測されています。高い収益成長: 3036の収益 ( 1.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3036の 自己資本利益率 は、3年後には低くなると予測されています ( 8.4 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/07 12:42終値2026/08/07 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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ALCONIX Corporation 1 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。2 アナリスト機関Katsuhiko IshibashiIchiyoshi Research Institute Inc.Naoki YamashiroMarusan Securities Co. Ltd.
Reported Earnings • Aug 06First quarter 2027 earnings released: EPS: JP¥189 (vs JP¥42.33 in 1Q 2026)First quarter 2027 results: EPS: JP¥189 (up from JP¥42.33 in 1Q 2026). Revenue: JP¥72.5b (up 38% from 1Q 2026). Net income: JP¥5.69b (up 349% from 1Q 2026). Profit margin: 7.8% (up from 2.4% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 37% per year.
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% 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 Debt is not well covered by operating cash flow (4.0% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥3,160, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Trade Distributors industry in Japan. Total returns to shareholders of 166% over the past three years.
Board Change • Aug 01Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Shinji Sato was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Declared Dividend • Jul 25Final dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 29th September 2026 Payment date: 25th November 2026 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 02ALCONIX Corporation to Report Q1, 2027 Results on Aug 05, 2026ALCONIX Corporation announced that they will report Q1, 2027 results on Aug 05, 2026
Reported Earnings • Jun 23Full year 2026 earnings released: EPS: JP¥187 (vs JP¥159 in FY 2025)Full year 2026 results: EPS: JP¥187 (up from JP¥159 in FY 2025). Revenue: JP¥219.7b (up 12% from FY 2025). Net income: JP¥5.60b (up 17% from FY 2025). Profit margin: 2.5% (up from 2.4% 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 18% per year whereas the company’s share price has increased by 20% per year.
New Risk • Jun 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 39% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.0% operating cash flow to total debt). Earnings have declined by 8.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
分析記事 • May 24ALCONIX's (TSE:3036) Earnings Are Weaker Than They SeemDespite announcing strong earnings, ALCONIX Corporation's ( TSE:3036 ) stock was sluggish. Our analysis uncovered some...
お知らせ • May 15ALCONIX Corporation, Annual General Meeting, Jun 24, 2026ALCONIX Corporation, Annual General Meeting, Jun 24, 2026.
お知らせ • May 09ALCONIX Corporation to Report Fiscal Year 2026 Results on May 15, 2026ALCONIX Corporation announced that they will report fiscal year 2026 results on May 15, 2026
Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥78.97 (vs JP¥30.20 in 3Q 2025)Third quarter 2026 results: EPS: JP¥78.97 (up from JP¥30.20 in 3Q 2025). Revenue: JP¥55.8b (up 9.0% from 3Q 2025). Net income: JP¥2.37b (up 160% from 3Q 2025). Profit margin: 4.3% (up from 1.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 05ALCONIX Corporation to Report Q3, 2026 Results on Feb 09, 2026ALCONIX Corporation announced that they will report Q3, 2026 results on Feb 09, 2026
Declared Dividend • Nov 26First half dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 30th March 2026 Payment date: 19th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (27% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥43.53 (vs JP¥45.42 in 2Q 2025)Second quarter 2026 results: EPS: JP¥43.53 (down from JP¥45.42 in 2Q 2025). Revenue: JP¥49.5b (flat on 2Q 2025). Net income: JP¥1.31b (down 4.8% from 2Q 2025). Profit margin: 2.6% (down from 2.8% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% 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 • Oct 04ALCONIX Corporation to Report Q2, 2026 Results on Nov 06, 2025ALCONIX Corporation announced that they will report Q2, 2026 results on Nov 06, 2025
分析記事 • Sep 27ALCONIX (TSE:3036) Has Announced A Dividend Of ¥42.00ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥42.00 per share on the 26th of November...
分析記事 • Sep 11ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥42.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥42.00 per share on 26th of November. This...
分析記事 • Aug 28ALCONIX's (TSE:3036) Dividend Will Be ¥42.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend on the 26th of November, with...
分析記事 • Aug 10ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥42.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥42.00 per share on 26th of November. This...
Reported Earnings • Aug 06First quarter 2026 earnings released: EPS: JP¥42.33 (vs JP¥42.77 in 1Q 2025)First quarter 2026 results: EPS: JP¥42.33 (down from JP¥42.77 in 1Q 2025). Revenue: JP¥52.5b (up 14% from 1Q 2025). Net income: JP¥1.27b (down 1.7% from 1Q 2025). Profit margin: 2.4% (down from 2.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
分析記事 • Jul 27ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥42.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥42.00 per share on the 26th...
Board Change • Jul 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hideki Matsuo was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Jul 13ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥42.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend on the 26th of November, with...
Declared Dividend • Jul 09Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th September 2025 Payment date: 26th November 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 20Full year 2025 earnings released: EPS: JP¥159 (vs JP¥53.04 in FY 2024)Full year 2025 results: EPS: JP¥159 (up from JP¥53.04 in FY 2024). Revenue: JP¥197.0b (up 13% from FY 2024). Net income: JP¥4.81b (up 201% from FY 2024). Profit margin: 2.4% (up from 0.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Jun 19ALCONIX Corporation to Report Q1, 2026 Results on Aug 05, 2025ALCONIX Corporation announced that they will report Q1, 2026 results on Aug 05, 2025
Reported Earnings • May 20Full year 2025 earnings released: EPS: JP¥159 (vs JP¥53.04 in FY 2024)Full year 2025 results: EPS: JP¥159 (up from JP¥53.04 in FY 2024). Revenue: JP¥197.0b (up 13% from FY 2024). Net income: JP¥4.81b (up 201% from FY 2024). Profit margin: 2.4% (up from 0.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
分析記事 • May 15We Think ALCONIX (TSE:3036) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • May 15ALCONIX Corporation, Annual General Meeting, Jun 18, 2025ALCONIX Corporation, Annual General Meeting, Jun 18, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 20 June 2025. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).
分析記事 • Mar 05ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥32.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥32.00 per share on the 20th...
お知らせ • Mar 05ALCONIX Corporation to Report Fiscal Year 2025 Results on May 15, 2025ALCONIX Corporation announced that they will report fiscal year 2025 results on May 15, 2025
Reported Earnings • Feb 11Third quarter 2025 earnings released: EPS: JP¥30.20 (vs JP¥29.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.20 (up from JP¥29.36 in 3Q 2024). Revenue: JP¥51.2b (up 8.7% from 3Q 2024). Net income: JP¥913.0m (up 3.2% from 3Q 2024). Profit margin: 1.8% (down from 1.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Feb 11ALCONIX Corporation (TSE:3036) announces an Equity Buyback for 350,000 shares, for ¥525 million.ALCONIX Corporation (TSE:3036) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares for ¥525 million. The repurchase price will be ¥1,500 per share.
分析記事 • Feb 10ALCONIX's (TSE:3036) Dividend Will Be ¥32.00ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥32.00 per share on the 20th of June...
分析記事 • Jan 27ALCONIX's (TSE:3036) Dividend Will Be ¥32.00ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend of ¥32.00 per share on the 20th of June...
お知らせ • Jan 17ALCONIX Corporation to Report Q3, 2025 Results on Feb 10, 2025ALCONIX Corporation announced that they will report Q3, 2025 results on Feb 10, 2025
分析記事 • Jan 13ALCONIX (TSE:3036) Is Due To Pay A Dividend Of ¥32.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥32.00 per share on 20th of June. This...
分析記事 • Dec 30ALCONIX's (TSE:3036) Dividend Will Be ¥32.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥32.00 per share on 20th of June. This...
分析記事 • Nov 27ALCONIX's (TSE:3036) Dividend Will Be ¥32.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥32.00 per share on 20th of June. This...
Declared Dividend • Nov 27First half dividend of JP¥32.00 announcedShareholders will receive a dividend of JP¥32.00. Ex-date: 28th March 2025 Payment date: 20th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 14% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.9% EPS decline seen over the last 5 years.
New Risk • Nov 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥45.42 (vs JP¥35.12 in 2Q 2024)Second quarter 2025 results: EPS: JP¥45.42 (up from JP¥35.12 in 2Q 2024). Revenue: JP¥49.8b (up 20% from 2Q 2024). Net income: JP¥1.37b (up 30% from 2Q 2024). Profit margin: 2.8% (up from 2.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 06ALCONIX Corporation to Report Q2, 2025 Results on Nov 06, 2024ALCONIX Corporation announced that they will report Q2, 2025 results on Nov 06, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 28 November 2024. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.3%).
Reported Earnings • Aug 06First quarter 2025 earnings released: EPS: JP¥42.77 (vs JP¥28.50 in 1Q 2024)First quarter 2025 results: EPS: JP¥42.77 (up from JP¥28.50 in 1Q 2024). Revenue: JP¥45.9b (up 8.2% from 1Q 2024). Net income: JP¥1.29b (up 50% from 1Q 2024). Profit margin: 2.8% (up from 2.0% 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 41% 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.
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¥1,241, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total loss to shareholders of 11% over the past three years.
Declared Dividend • Jul 11Final dividend of JP¥29.00 announcedShareholders will receive a dividend of JP¥29.00. Ex-date: 27th September 2024 Payment date: 28th November 2024 Dividend yield will be 3.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 42% to shift the payout ratio to a potentially unsustainable range, which is more than the 19% EPS decline seen over the last 5 years.
お知らせ • Jun 30ALCONIX Corporation to Report Q1, 2025 Results on Aug 05, 2024ALCONIX Corporation announced that they will report Q1, 2025 results on Aug 05, 2024
分析記事 • Jun 27Some Investors May Be Willing To Look Past ALCONIX's (TSE:3036) Soft EarningsSoft earnings didn't appear to concern ALCONIX Corporation's ( TSE:3036 ) shareholders over the last week. We did some...
Reported Earnings • Jun 25Full year 2024 earnings released: EPS: JP¥53.04 (vs JP¥182 in FY 2023)Full year 2024 results: EPS: JP¥53.04 (down from JP¥182 in FY 2023). Revenue: JP¥174.9b (down 1.9% from FY 2023). Net income: JP¥1.60b (down 71% from FY 2023). Profit margin: 0.9% (down from 3.1% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • May 20Full year 2024 earnings released: EPS: JP¥53.04 (vs JP¥182 in FY 2023)Full year 2024 results: EPS: JP¥53.04 (down from JP¥182 in FY 2023). Revenue: JP¥174.9b (down 1.9% from FY 2023). Net income: JP¥1.60b (down 71% from FY 2023). Profit margin: 0.9% (down from 3.1% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 25% 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 17ALCONIX Corporation, Annual General Meeting, Jun 19, 2024ALCONIX Corporation, Annual General Meeting, Jun 19, 2024.
お知らせ • May 16+ 2 more updatesALCONIX Corporation Announces Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 20, 2024ALCONIX Corporation announced dividend of JPY 28.00 per share for the fiscal year ended March 31, 2024 against JPY 28.00 per share paid a year ago. Scheduled commencement date of payment of dividends is June 20, 2024.
分析記事 • Mar 25ALCONIX's (TSE:3036) Dividend Will Be ¥27.00ALCONIX Corporation's ( TSE:3036 ) investors are due to receive a payment of ¥27.00 per share on 24th of June. The...
お知らせ • Mar 24ALCONIX Corporation to Report Fiscal Year 2024 Results on May 15, 2024ALCONIX Corporation announced that they will report fiscal year 2024 results on May 15, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.4%).
分析記事 • Feb 29ALCONIX (TSE:3036) Will Pay A Dividend Of ¥27.00The board of ALCONIX Corporation ( TSE:3036 ) has announced that it will pay a dividend on the 24th of June, with...
お知らせ • Feb 29ALCONIX Corporation (TSE:3036) agreed to acquire Sakamoto Electric Mfg.Co.,Ltd. from Tsunetoshi Sakamoto and its founding familyALCONIX Corporation (TSE:3036) agreed to acquire Sakamoto Electric Mfg.Co.,Ltd. from Tsunetoshi Sakamoto and its founding family on February 27, 2024.
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥29.36 (vs JP¥31.59 in 3Q 2023)Third quarter 2024 results: EPS: JP¥29.36 (down from JP¥31.59 in 3Q 2023). Revenue: JP¥47.1b (up 8.3% from 3Q 2023). Net income: JP¥885.0m (down 6.9% from 3Q 2023). Profit margin: 1.9% (down from 2.2% 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 7% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Dec 28ALCONIX Corporation to Report Q3, 2024 Results on Feb 08, 2024ALCONIX Corporation announced that they will report Q3, 2024 results on Feb 08, 2024
Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥35.12 (vs JP¥47.29 in 2Q 2023)Second quarter 2024 results: EPS: JP¥35.12 (down from JP¥47.29 in 2Q 2023). Revenue: JP¥41.4b (down 8.8% from 2Q 2023). Net income: JP¥1.06b (down 26% from 2Q 2023). Profit margin: 2.6% (down from 3.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥27.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.8%).
Reported Earnings • Aug 08First quarter 2024 earnings released: EPS: JP¥28.50 (vs JP¥90.39 in 1Q 2023)First quarter 2024 results: EPS: JP¥28.50 (down from JP¥90.39 in 1Q 2023). Revenue: JP¥42.4b (down 9.5% from 1Q 2023). Net income: JP¥858.0m (down 68% from 1Q 2023). Profit margin: 2.0% (down from 5.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jul 06ALCONIX Corporation to Report Q1, 2024 Results on Aug 07, 2023ALCONIX Corporation announced that they will report Q1, 2024 results on Aug 07, 2023
Reported Earnings • Jun 28Full year 2023 earnings released: EPS: JP¥182 (vs JP¥283 in FY 2022)Full year 2023 results: EPS: JP¥182 (down from JP¥283 in FY 2022). Revenue: JP¥178.3b (up 14% from FY 2022). Net income: JP¥5.49b (down 27% from FY 2022). Profit margin: 3.1% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥182 (vs JP¥283 in FY 2022)Full year 2023 results: EPS: JP¥182 (down from JP¥283 in FY 2022). Revenue: JP¥178.3b (up 14% from FY 2022). Net income: JP¥5.49b (down 27% from FY 2022). Profit margin: 3.1% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • May 12ALCONIX Corporation, Annual General Meeting, Jun 21, 2023ALCONIX Corporation, Annual General Meeting, Jun 21, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥26.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.8%).
Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥31.59 (vs JP¥76.81 in 3Q 2022)Third quarter 2023 results: EPS: JP¥31.59 (down from JP¥76.81 in 3Q 2022). Revenue: JP¥43.5b (up 9.8% from 3Q 2022). Net income: JP¥951.0m (down 53% from 3Q 2022). Profit margin: 2.2% (down from 5.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 08+ 1 more updateALCONIX Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023ALCONIX Corporation provided dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 26.00 per share.
お知らせ • Jan 06ALCONIX Corporation to Report Q3, 2023 Results on Feb 08, 2023ALCONIX Corporation announced that they will report Q3, 2023 results on Feb 08, 2023
お知らせ • Dec 02ALCONIX Corporation (TSE:3036) Completed the acquisition of Soode Nagano Co., Ltd. from Takayuki Hayade.ALCONIX Corporation (TSE:3036) signed a share transfer agreement to acquire Soode Nagano Co., Ltd. from Takayuki Hayade for ¥8.8 billion on April 26, 2022. ALCONIX Corporation will acquire 1,440 shares of Soode Nagano Co., Ltd. in the deal. Post-completion, Soode Nagano Co., Ltd. will become a consolidated subsidiary of ALCONIX Corporation. ALCONIX Corporation plans to dispatch part-time Directors and part-time Corporate Auditors. The Board of Directors of ALCONIX Corporation has resolved the deal on April 26, 2022. The deal is expected to close on November 30, 2022. ALCONIX Corporation (TSE:3036) Completed the acquisition of Soode Nagano Co., Ltd. from Takayuki Hayade on November 30, 2022.
Reported Earnings • Nov 17Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: JP¥45.4b (up 21% from 2Q 2022). Net income: JP¥1.42b (down 32% from 2Q 2022). Profit margin: 3.1% (down from 5.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). CEO & Chairman Masato Takei is the most experienced director on the board, commencing their role in 2009. Independent Director Yukiko Imazu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 10Second quarter 2023 earnings released: EPS: JP¥47.29 (vs JP¥83.42 in 2Q 2022)Second quarter 2023 results: EPS: JP¥47.29 (down from JP¥83.42 in 2Q 2022). Revenue: JP¥45.4b (up 21% from 2Q 2022). Net income: JP¥1.42b (down 32% from 2Q 2022). Profit margin: 3.1% (down from 5.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Nov 09+ 2 more updatesAlconix Corporation Announces Dividend for the Second Quarter End of Fiscal Year Ending March 31, 2023; Payable on November 29, 2022ALCONIX Corporation announced dividend for the second quarter end of fiscal year ending March 31, 2023. For the second quarter, the company decided to pay dividend JPY 26.00 against JPY 24.00 a year ago. Scheduled date of payment of dividend: November 29, 2022.
お知らせ • Oct 05ALCONIX Corporation to Report Q2, 2023 Results on Nov 08, 2022ALCONIX Corporation announced that they will report Q2, 2023 results on Nov 08, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 29 November 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.6%).
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥90.39 (vs JP¥97.26 in 1Q 2022)First quarter 2023 results: EPS: JP¥90.39. Revenue: JP¥46.8b (up 27% from 1Q 2022). Net income: JP¥2.72b (up 12% from 1Q 2022). Profit margin: 5.8% (down from 6.6% in 1Q 2022). The decrease in margin was driven by higher expenses.
お知らせ • Aug 05+ 2 more updatesAlconix Corporation Provides Dividend Guidance for the Second Quarter of Fiscal Year 2023ALCONIX Corporation provided dividend guidance for the second quarter of fiscal year 2023. For the period, the company expects to pay dividend of JPY 26.00 per share against a paid dividend of JPY 24.00 per share a year ago.
お知らせ • Jul 07ALCONIX Corporation to Report Q1, 2023 Results on Aug 05, 2022ALCONIX Corporation announced that they will report Q1, 2023 results on Aug 05, 2022
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥283 (vs JP¥114 in FY 2021)Full year 2022 results: EPS: JP¥283 (up from JP¥114 in FY 2021). Revenue: JP¥156.3b (down 27% from FY 2021). Net income: JP¥7.51b (up 163% from FY 2021). Profit margin: 4.8% (up from 1.3% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13+ 3 more updatesALCONIX Corporation, Annual General Meeting, Jun 22, 2022ALCONIX Corporation, Annual General Meeting, Jun 22, 2022.
お知らせ • Apr 27ALCONIX Corporation (TSE:3036) signed a share transfer agreement to acquire Soode Nagano Co., Ltd. from Takayuki Hayade for ¥8.8 billion.ALCONIX Corporation (TSE:3036) signed a share transfer agreement to acquire Soode Nagano Co., Ltd. from Takayuki Hayade for ¥8.8 billion on April 26, 2022. ALCONIX Corporation will acquire 1,440 shares of Soode Nagano Co., Ltd. in the deal. Post-completion, Soode Nagano Co., Ltd. will become a consolidated subsidiary of ALCONIX Corporation. ALCONIX Corporation plans to dispatch part-time Directors and part-time Corporate Auditors. The Board of Directors of ALCONIX Corporation has resolved the deal on April 26, 2022. The deal is expected to close on November 30, 2022.
Board Change • Apr 27No independent directorsThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. No independent directors (8 non-independent directors). CEO, President, MD & Director Masato Takei is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.