Ichikawa（3513）株式概要市川(株)は製紙用・工業用フェルトを国内外に製造・販売している。 詳細3513 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績5/6財務の健全性6/6配当金3/6報酬株価収益率（ 12.1 x） JP市場（ 13.8 x）を下回っています。過去1年間で収益は50%増加しました リスク分析2.96%の配当はフリーキャッシュフローで十分にカバーされていない 意味のある時価総額がありません ( ¥14B )すべてのリスクチェックを見る3513 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥3.38k4.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture018b2016201920222025202620282031Revenue JP¥18.3bEarnings JP¥1.4bAdvancedSet Fair ValueView all narrativesIchikawa Co., Ltd. 競合他社AdvanexSymbol: TSE:5998Market cap: JP¥11.6bPegasusSymbol: TSE:6262Market cap: JP¥12.1bPunch IndustrySymbol: TSE:6165Market cap: JP¥13.8bOdawara EngineeringSymbol: TSE:6149Market cap: JP¥12.1b価格と性能株価の高値、安値、推移の概要Ichikawa過去の株価現在の株価JP¥3,375.0052週高値JP¥4,285.0052週安値JP¥1,756.00ベータ0.0631ヶ月の変化9.22%3ヶ月変化-8.78%1年変化90.36%3年間の変化148.53%5年間の変化150.00%IPOからの変化22.73%最新ニュース分析記事 • May 22The Strong Earnings Posted By Ichikawa (TSE:3513) Are A Good Indication Of The Strength Of The BusinessIchikawa Co., Ltd.'s ( TSE:3513 ) earnings announcement last week was disappointing for investors, despite the decent...Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥275 (vs JP¥181 in FY 2025)Full year 2026 results: EPS: JP¥275 (up from JP¥181 in FY 2025). Revenue: JP¥14.8b (up 6.1% from FY 2025). Net income: JP¥1.17b (up 50% from FY 2025). Profit margin: 7.9% (up from 5.6% 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 9% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 15Ichikawa Co., Ltd., Annual General Meeting, Jun 25, 2026Ichikawa Co., Ltd., Annual General Meeting, Jun 25, 2026.Buy Or Sell Opportunity • May 14Now 20% overvaluedOver the last 90 days, the stock has fallen 6.8% to JP¥3,095. The fair value is estimated to be JP¥2,570, 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 grown by 8.4%.Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,035, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 15x in the Machinery industry in Japan. Total returns to shareholders of 235% over the past three years.最新情報をもっと見るRecent updates分析記事 • May 22The Strong Earnings Posted By Ichikawa (TSE:3513) Are A Good Indication Of The Strength Of The BusinessIchikawa Co., Ltd.'s ( TSE:3513 ) earnings announcement last week was disappointing for investors, despite the decent...Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥275 (vs JP¥181 in FY 2025)Full year 2026 results: EPS: JP¥275 (up from JP¥181 in FY 2025). Revenue: JP¥14.8b (up 6.1% from FY 2025). Net income: JP¥1.17b (up 50% from FY 2025). Profit margin: 7.9% (up from 5.6% 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 9% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 15Ichikawa Co., Ltd., Annual General Meeting, Jun 25, 2026Ichikawa Co., Ltd., Annual General Meeting, Jun 25, 2026.Buy Or Sell Opportunity • May 14Now 20% overvaluedOver the last 90 days, the stock has fallen 6.8% to JP¥3,095. The fair value is estimated to be JP¥2,570, 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 grown by 8.4%.Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,035, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 15x in the Machinery industry in Japan. Total returns to shareholders of 235% over the past three years.Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥82.80 (vs JP¥92.74 in 3Q 2025)Third quarter 2026 results: EPS: JP¥82.80 (down from JP¥92.74 in 3Q 2025). Revenue: JP¥3.63b (down 3.8% from 3Q 2025). Net income: JP¥354.0m (down 11% 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 8% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jan 20Ichikawa (TSE:3513) Is Doing The Right Things To Multiply Its Share PriceWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...New Risk • Jan 13New 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 5.6% 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 Dividend is not well covered by cash flows (355% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥14.1b market cap, or US$88.5m).Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,310, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 191% over the past three years.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥2,825, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 148% over the past three years.分析記事 • Dec 23Ichikawa (TSE:3513) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Dec 04Ichikawa Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026Ichikawa Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026お知らせ • Nov 28Ichikawa Co., Ltd. (TSE:3513) announces an Equity Buyback for 150,000 shares, representing 3.41% for ¥333 million.Ichikawa Co., Ltd. (TSE:3513) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 3.41% of its issued share capital, for ¥333 million. The shares will be repurchased at a price of ¥2,220 per share. The purpose of the program is to improve capital efficiency and further return to shareholders, to implement a flexible capital policy in response to future changes in the business environment. As of September 30, 2025, there are 4,398,870 outstanding shares (excluding treasury stock) and 569,281 shares in treasury.Reported Earnings • Nov 18Second quarter 2026 earnings released: EPS: JP¥90.56 (vs JP¥41.39 in 2Q 2025)Second quarter 2026 results: EPS: JP¥90.56 (up from JP¥41.39 in 2Q 2025). Revenue: JP¥3.79b (up 5.5% from 2Q 2025). Net income: JP¥389.0m (up 119% from 2Q 2025). Profit margin: 10% (up from 5.0% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 22Ichikawa Co., Ltd. to Report Q2, 2026 Results on Nov 14, 2025Ichikawa Co., Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥72.30 (vs JP¥50.87 in 1Q 2025)First quarter 2026 results: EPS: JP¥72.30 (up from JP¥50.87 in 1Q 2025). Revenue: JP¥3.41b (up 4.1% from 1Q 2025). Net income: JP¥308.0m (up 38% from 1Q 2025). Profit margin: 9.0% (up from 6.8% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year.お知らせ • Jun 27Ichikawa Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Ichikawa Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025分析記事 • May 21Ichikawa (TSE:3513) Is Doing The Right Things To Multiply Its Share PriceDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Reported Earnings • May 21Full year 2025 earnings released: EPS: JP¥181 (vs JP¥228 in FY 2024)Full year 2025 results: EPS: JP¥181 (down from JP¥228 in FY 2024). Revenue: JP¥13.9b (up 2.5% from FY 2024). Net income: JP¥782.0m (down 23% from FY 2024). Profit margin: 5.6% (down from 7.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • May 15Ichikawa Co., Ltd., Annual General Meeting, Jun 26, 2025Ichikawa Co., Ltd., Annual General Meeting, Jun 26, 2025.お知らせ • May 14Ichikawa Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025Ichikawa Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,587, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 34% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥75.96 (vs JP¥40.49 in 3Q 2024)Third quarter 2025 results: EPS: JP¥75.96 (up from JP¥40.49 in 3Q 2024). Revenue: JP¥3.78b (up 17% from 3Q 2024). Net income: JP¥326.0m (up 83% from 3Q 2024). Profit margin: 8.6% (up from 5.5% 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 19% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.New Risk • Jan 31New 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 5.2% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥7.43b market cap, or US$48.0m).お知らせ • Jan 17Ichikawa Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Ichikawa Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥6.92b market cap, or US$43.9m).お知らせ • Nov 29Ichikawa Co., Ltd. (TSE:3513) announces an Equity Buyback for 50,000 shares, representing 1.16% for ¥76.3 million.Ichikawa Co., Ltd. (TSE:3513) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.16% of its issued share capital, for ¥76.3 million. The shares will be repurchased at a price of ¥1,526 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. As of September 30, 2024, there are 4,305,865 outstanding shares (excluding treasury stock) and 661,286 shares in treasury.Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥41.38 (vs JP¥85.82 in 2Q 2024)Second quarter 2025 results: EPS: JP¥41.38 (down from JP¥85.82 in 2Q 2024). Revenue: JP¥3.59b (flat on 2Q 2024). Net income: JP¥178.0m (down 54% from 2Q 2024). Profit margin: 5.0% (down from 11% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%).New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥7.01b market cap, or US$49.8m).お知らせ • Sep 07Ichikawa Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024Ichikawa Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥50.87 (vs JP¥43.48 in 1Q 2024)First quarter 2025 results: EPS: JP¥50.87 (up from JP¥43.48 in 1Q 2024). Revenue: JP¥3.28b (up 1.1% from 1Q 2024). Net income: JP¥223.0m (up 12% from 1Q 2024). Profit margin: 6.8% (up from 6.1% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 17Ichikawa Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Ichikawa Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024お知らせ • Jun 15Ichikawa Co., Ltd. (TSE:3513) announces an Equity Buyback for 150,000 shares, representing 3.41% for ¥272.25 million.Ichikawa Co., Ltd. (TSE:3513) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 3.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥272.25 million. The shares will be repurchased at a price of ¥1,815 per share. The purpose of the program is to improve capital efficiency and further return profits to shareholders, as well as to implement a flexible capital policy that can respond to future changes in the business environment. As of March 31, 2024, the company had 4,398,828 issued shares (excluding treasury stock) and 568,323 treasury shares.分析記事 • May 22We Like These Underlying Return On Capital Trends At Ichikawa (TSE:3513)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Reported Earnings • May 21Full year 2024 earnings released: EPS: JP¥172 (vs JP¥182 in FY 2023)Full year 2024 results: EPS: JP¥172 (down from JP¥182 in FY 2023). Revenue: JP¥13.6b (up 1.9% from FY 2023). Net income: JP¥771.0m (down 7.4% from FY 2023). Profit margin: 5.7% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • May 17Ichikawa Co., Ltd., Annual General Meeting, Jun 26, 2024Ichikawa Co., Ltd., Annual General Meeting, Jun 26, 2024.お知らせ • Mar 24Ichikawa Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024Ichikawa Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥40.47 (vs JP¥49.15 in 3Q 2023)Third quarter 2024 results: EPS: JP¥40.47 (down from JP¥49.15 in 3Q 2023). Revenue: JP¥3.23b (down 7.4% from 3Q 2023). Net income: JP¥178.0m (down 21% from 3Q 2023). Profit margin: 5.5% (down from 6.5% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 27Ichikawa Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Ichikawa Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥85.82 (vs JP¥54.17 in 2Q 2023)Second quarter 2024 results: EPS: JP¥85.82 (up from JP¥54.17 in 2Q 2023). Revenue: JP¥3.62b (up 5.1% from 2Q 2023). Net income: JP¥388.0m (up 56% from 2Q 2023). Profit margin: 11% (up from 7.2% in 2Q 2023). 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 only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 21Ichikawa Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Ichikawa Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥30.00 per share at 5.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%).お知らせ • Sep 02Ichikawa Co., Ltd. (TSE:3513) announces an Equity Buyback for 250,000 shares, representing 5.46% for ¥351.75 million.Ichikawa Co., Ltd. (TSE:3513) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 5.46% of its issued share capital (excluding treasury stock), for a total purchase price of ¥351.75 million. The shares will be repurchased at a price of ¥1,407 per share. The purpose of the program is to improve capital efficiency and further shareholders return to implement capital policy. The program is valid till September 1, 2023. As of June 30, 2023, the company has 4,577,960 issued shares (excluding treasury stock) and 389,191 treasury shares.Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥43.47 (vs JP¥44.12 in 1Q 2023)First quarter 2024 results: EPS: JP¥43.47 (down from JP¥44.12 in 1Q 2023). Revenue: JP¥3.24b (up 5.5% from 1Q 2023). Net income: JP¥199.0m (down 1.5% from 1Q 2023). Profit margin: 6.1% (down from 6.6% in 1Q 2023). 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 only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 26Ichikawa Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Ichikawa Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • May 18Full year 2023 earnings released: EPS: JP¥182 (vs JP¥114 in FY 2022)Full year 2023 results: EPS: JP¥182 (up from JP¥114 in FY 2022). Revenue: JP¥13.3b (up 8.0% from FY 2022). Net income: JP¥833.0m (up 59% from FY 2022). Profit margin: 6.2% (up from 4.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. 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 (3.6%). Higher than average of industry peers (2.4%).Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥49.14 (vs JP¥31.23 in 3Q 2022)Third quarter 2023 results: EPS: JP¥49.14 (up from JP¥31.23 in 3Q 2022). Revenue: JP¥3.48b (up 17% from 3Q 2022). Net income: JP¥225.0m (up 57% from 3Q 2022). Profit margin: 6.5% (up from 4.8% in 3Q 2022). 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 fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Dec 22Ichikawa Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Ichikawa Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023Reported Earnings • Nov 20Second quarter 2023 earnings released: EPS: JP¥54.17 (vs JP¥44.79 in 2Q 2022)Second quarter 2023 results: EPS: JP¥54.17 (up from JP¥44.79 in 2Q 2022). Revenue: JP¥3.44b (up 12% from 2Q 2022). Net income: JP¥248.0m (up 21% from 2Q 2022). Profit margin: 7.2% (up from 6.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% 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 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. 5 non-independent directors. Outside Independent Director Ryota Honjo was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥54.17 (vs JP¥44.79 in 2Q 2022)Second quarter 2023 results: EPS: JP¥54.17 (up from JP¥44.79 in 2Q 2022). Revenue: JP¥3.44b (up 12% from 2Q 2022). Net income: JP¥248.0m (up 21% from 2Q 2022). Profit margin: 7.2% (up from 6.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. 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 (3.7%). Higher than average of industry peers (2.4%).Buying Opportunity • Sep 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.3%. The fair value is estimated to be JP¥1,693, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 36%.お知らせ • Sep 01Ichikawa Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022Ichikawa Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥44.12 (vs JP¥14.21 in 1Q 2022)First quarter 2023 results: EPS: JP¥44.12 (up from JP¥14.21 in 1Q 2022). Revenue: JP¥3.07b (up 11% from 1Q 2022). Net income: JP¥202.0m (up 211% from 1Q 2022). Profit margin: 6.6% (up from 2.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jun 24Ichikawa Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Ichikawa Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥114 (vs JP¥80.67 in FY 2021)Full year 2022 results: EPS: JP¥114 (up from JP¥80.67 in FY 2021). Revenue: JP¥12.4b (up 6.5% from FY 2021). Net income: JP¥523.0m (up 42% from FY 2021). Profit margin: 4.2% (up from 3.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% 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 18Ichikawa Co., Ltd., Annual General Meeting, Jun 29, 2022Ichikawa Co., Ltd., Annual General Meeting, Jun 29, 2022.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Outside Director Akira Nozaki was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 07Ichikawa Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Ichikawa Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%).Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥31.23 (up from JP¥3.50 loss in 3Q 2021). Revenue: JP¥2.97b (up 16% from 3Q 2021). Net income: JP¥143.0m (up JP¥159.0m from 3Q 2021). Profit margin: 4.8% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 01Second quarter 2022 earnings released: EPS JP¥44.78 (vs JP¥19.90 in 2Q 2021)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥3.08b (flat on 2Q 2021). Net income: JP¥205.0m (up 125% from 2Q 2021). Profit margin: 6.6% (up from 3.0% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%).Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥14.21 (vs JP¥10.94 in 1Q 2021)The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥2.78b (flat on 1Q 2021). Net income: JP¥65.0m (up 30% from 1Q 2021). Profit margin: 2.3% (up from 1.8% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 10 June 2021. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).Is New 90 Day High Low • Feb 26New 90-day high: JP¥1,350The company is up 3.0% from its price of JP¥1,315 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period.Reported Earnings • Feb 03Third quarter 2021 earnings released: JP¥3.50 loss per share (vs JP¥33.47 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥2.56b (down 12% from 3Q 2020). Net loss: JP¥16.0m (down 111% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year.Is New 90 Day High Low • Dec 22New 90-day low: JP¥1,280The company is down 8.0% from its price of JP¥1,388 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 14% over the same period.お知らせ • Aug 02+ 1 more updateIchikawa Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020Ichikawa Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020株主還元3513JP MachineryJP 市場7D9.0%-1.4%0.1%1Y90.4%45.9%41.7%株主還元を見る業界別リターン: 3513過去 1 年間で45.9 % の収益を上げたJP Machinery業界を上回りました。リターン対市場: 3513過去 1 年間で41.7 % の収益を上げたJP市場を上回りました。価格変動Is 3513's price volatile compared to industry and market?3513 volatility3513 Average Weekly Movement5.7%Machinery Industry Average Movement5.6%Market Average Movement4.3%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.1%安定した株価: 3513 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3513の 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1918639Takanobu Yazakiwww.ik-felt.co.jp株式会社イチカワは、製紙用・産業用フェルトを国内外に製造・販売している。抄紙用プレスフェルト・ベルト、靴用プレスベルト・転写ベルト、耐熱搬送機器、車体用クッション材などの工業用製品、モノのインターネット、第5世代、カーポート、家電、スマートフォン、タブレット、アルミサッシ製品、プリント基板、フレキシブル基板、衣料用フェルト、スレート用フェルトなどを提供している。同社は1918年に設立され、東京に本社を置く。もっと見るIchikawa Co., Ltd. 基礎のまとめIchikawa の収益と売上を時価総額と比較するとどうか。3513 基礎統計学時価総額JP¥14.20b収益（TTM）JP¥1.17b売上高(TTM)JP¥14.79b12.1xPER（株価収益率1.0xP/Sレシオ3513 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3513 損益計算書（TTM）収益JP¥14.79b売上原価JP¥8.07b売上総利益JP¥6.72bその他の費用JP¥5.55b収益JP¥1.17b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）278.79グロス・マージン45.45%純利益率7.93%有利子負債／自己資本比率3.1%3513 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.0%現在の配当利回り33%配当性向View Valuation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2026/07/01 22:18終値2026/07/01 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ichikawa Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • May 22The Strong Earnings Posted By Ichikawa (TSE:3513) Are A Good Indication Of The Strength Of The BusinessIchikawa Co., Ltd.'s ( TSE:3513 ) earnings announcement last week was disappointing for investors, despite the decent...
Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥275 (vs JP¥181 in FY 2025)Full year 2026 results: EPS: JP¥275 (up from JP¥181 in FY 2025). Revenue: JP¥14.8b (up 6.1% from FY 2025). Net income: JP¥1.17b (up 50% from FY 2025). Profit margin: 7.9% (up from 5.6% 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 9% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 15Ichikawa Co., Ltd., Annual General Meeting, Jun 25, 2026Ichikawa Co., Ltd., Annual General Meeting, Jun 25, 2026.
Buy Or Sell Opportunity • May 14Now 20% overvaluedOver the last 90 days, the stock has fallen 6.8% to JP¥3,095. The fair value is estimated to be JP¥2,570, 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 grown by 8.4%.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,035, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 15x in the Machinery industry in Japan. Total returns to shareholders of 235% over the past three years.
分析記事 • May 22The Strong Earnings Posted By Ichikawa (TSE:3513) Are A Good Indication Of The Strength Of The BusinessIchikawa Co., Ltd.'s ( TSE:3513 ) earnings announcement last week was disappointing for investors, despite the decent...
Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥275 (vs JP¥181 in FY 2025)Full year 2026 results: EPS: JP¥275 (up from JP¥181 in FY 2025). Revenue: JP¥14.8b (up 6.1% from FY 2025). Net income: JP¥1.17b (up 50% from FY 2025). Profit margin: 7.9% (up from 5.6% 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 9% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 15Ichikawa Co., Ltd., Annual General Meeting, Jun 25, 2026Ichikawa Co., Ltd., Annual General Meeting, Jun 25, 2026.
Buy Or Sell Opportunity • May 14Now 20% overvaluedOver the last 90 days, the stock has fallen 6.8% to JP¥3,095. The fair value is estimated to be JP¥2,570, 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 grown by 8.4%.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,035, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 15x in the Machinery industry in Japan. Total returns to shareholders of 235% over the past three years.
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥82.80 (vs JP¥92.74 in 3Q 2025)Third quarter 2026 results: EPS: JP¥82.80 (down from JP¥92.74 in 3Q 2025). Revenue: JP¥3.63b (down 3.8% from 3Q 2025). Net income: JP¥354.0m (down 11% 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 8% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jan 20Ichikawa (TSE:3513) Is Doing The Right Things To Multiply Its Share PriceWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
New Risk • Jan 13New 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 5.6% 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 Dividend is not well covered by cash flows (355% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥14.1b market cap, or US$88.5m).
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,310, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 191% over the past three years.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥2,825, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 148% over the past three years.
分析記事 • Dec 23Ichikawa (TSE:3513) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Dec 04Ichikawa Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026Ichikawa Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026
お知らせ • Nov 28Ichikawa Co., Ltd. (TSE:3513) announces an Equity Buyback for 150,000 shares, representing 3.41% for ¥333 million.Ichikawa Co., Ltd. (TSE:3513) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 3.41% of its issued share capital, for ¥333 million. The shares will be repurchased at a price of ¥2,220 per share. The purpose of the program is to improve capital efficiency and further return to shareholders, to implement a flexible capital policy in response to future changes in the business environment. As of September 30, 2025, there are 4,398,870 outstanding shares (excluding treasury stock) and 569,281 shares in treasury.
Reported Earnings • Nov 18Second quarter 2026 earnings released: EPS: JP¥90.56 (vs JP¥41.39 in 2Q 2025)Second quarter 2026 results: EPS: JP¥90.56 (up from JP¥41.39 in 2Q 2025). Revenue: JP¥3.79b (up 5.5% from 2Q 2025). Net income: JP¥389.0m (up 119% from 2Q 2025). Profit margin: 10% (up from 5.0% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 22Ichikawa Co., Ltd. to Report Q2, 2026 Results on Nov 14, 2025Ichikawa Co., Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥72.30 (vs JP¥50.87 in 1Q 2025)First quarter 2026 results: EPS: JP¥72.30 (up from JP¥50.87 in 1Q 2025). Revenue: JP¥3.41b (up 4.1% from 1Q 2025). Net income: JP¥308.0m (up 38% from 1Q 2025). Profit margin: 9.0% (up from 6.8% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year.
お知らせ • Jun 27Ichikawa Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Ichikawa Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025
分析記事 • May 21Ichikawa (TSE:3513) Is Doing The Right Things To Multiply Its Share PriceDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Reported Earnings • May 21Full year 2025 earnings released: EPS: JP¥181 (vs JP¥228 in FY 2024)Full year 2025 results: EPS: JP¥181 (down from JP¥228 in FY 2024). Revenue: JP¥13.9b (up 2.5% from FY 2024). Net income: JP¥782.0m (down 23% from FY 2024). Profit margin: 5.6% (down from 7.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • May 15Ichikawa Co., Ltd., Annual General Meeting, Jun 26, 2025Ichikawa Co., Ltd., Annual General Meeting, Jun 26, 2025.
お知らせ • May 14Ichikawa Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025Ichikawa Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,587, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 34% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).
Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥75.96 (vs JP¥40.49 in 3Q 2024)Third quarter 2025 results: EPS: JP¥75.96 (up from JP¥40.49 in 3Q 2024). Revenue: JP¥3.78b (up 17% from 3Q 2024). Net income: JP¥326.0m (up 83% from 3Q 2024). Profit margin: 8.6% (up from 5.5% 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 19% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
New Risk • Jan 31New 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 5.2% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥7.43b market cap, or US$48.0m).
お知らせ • Jan 17Ichikawa Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Ichikawa Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025
New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥6.92b market cap, or US$43.9m).
お知らせ • Nov 29Ichikawa Co., Ltd. (TSE:3513) announces an Equity Buyback for 50,000 shares, representing 1.16% for ¥76.3 million.Ichikawa Co., Ltd. (TSE:3513) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.16% of its issued share capital, for ¥76.3 million. The shares will be repurchased at a price of ¥1,526 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. As of September 30, 2024, there are 4,305,865 outstanding shares (excluding treasury stock) and 661,286 shares in treasury.
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥41.38 (vs JP¥85.82 in 2Q 2024)Second quarter 2025 results: EPS: JP¥41.38 (down from JP¥85.82 in 2Q 2024). Revenue: JP¥3.59b (flat on 2Q 2024). Net income: JP¥178.0m (down 54% from 2Q 2024). Profit margin: 5.0% (down from 11% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%).
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥7.01b market cap, or US$49.8m).
お知らせ • Sep 07Ichikawa Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024Ichikawa Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥50.87 (vs JP¥43.48 in 1Q 2024)First quarter 2025 results: EPS: JP¥50.87 (up from JP¥43.48 in 1Q 2024). Revenue: JP¥3.28b (up 1.1% from 1Q 2024). Net income: JP¥223.0m (up 12% from 1Q 2024). Profit margin: 6.8% (up from 6.1% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 17Ichikawa Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Ichikawa Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
お知らせ • Jun 15Ichikawa Co., Ltd. (TSE:3513) announces an Equity Buyback for 150,000 shares, representing 3.41% for ¥272.25 million.Ichikawa Co., Ltd. (TSE:3513) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 3.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥272.25 million. The shares will be repurchased at a price of ¥1,815 per share. The purpose of the program is to improve capital efficiency and further return profits to shareholders, as well as to implement a flexible capital policy that can respond to future changes in the business environment. As of March 31, 2024, the company had 4,398,828 issued shares (excluding treasury stock) and 568,323 treasury shares.
分析記事 • May 22We Like These Underlying Return On Capital Trends At Ichikawa (TSE:3513)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Reported Earnings • May 21Full year 2024 earnings released: EPS: JP¥172 (vs JP¥182 in FY 2023)Full year 2024 results: EPS: JP¥172 (down from JP¥182 in FY 2023). Revenue: JP¥13.6b (up 1.9% from FY 2023). Net income: JP¥771.0m (down 7.4% from FY 2023). Profit margin: 5.7% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • May 17Ichikawa Co., Ltd., Annual General Meeting, Jun 26, 2024Ichikawa Co., Ltd., Annual General Meeting, Jun 26, 2024.
お知らせ • Mar 24Ichikawa Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024Ichikawa Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥40.47 (vs JP¥49.15 in 3Q 2023)Third quarter 2024 results: EPS: JP¥40.47 (down from JP¥49.15 in 3Q 2023). Revenue: JP¥3.23b (down 7.4% from 3Q 2023). Net income: JP¥178.0m (down 21% from 3Q 2023). Profit margin: 5.5% (down from 6.5% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 27Ichikawa Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Ichikawa Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥85.82 (vs JP¥54.17 in 2Q 2023)Second quarter 2024 results: EPS: JP¥85.82 (up from JP¥54.17 in 2Q 2023). Revenue: JP¥3.62b (up 5.1% from 2Q 2023). Net income: JP¥388.0m (up 56% from 2Q 2023). Profit margin: 11% (up from 7.2% in 2Q 2023). 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 only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 21Ichikawa Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Ichikawa Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥30.00 per share at 5.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%).
お知らせ • Sep 02Ichikawa Co., Ltd. (TSE:3513) announces an Equity Buyback for 250,000 shares, representing 5.46% for ¥351.75 million.Ichikawa Co., Ltd. (TSE:3513) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 5.46% of its issued share capital (excluding treasury stock), for a total purchase price of ¥351.75 million. The shares will be repurchased at a price of ¥1,407 per share. The purpose of the program is to improve capital efficiency and further shareholders return to implement capital policy. The program is valid till September 1, 2023. As of June 30, 2023, the company has 4,577,960 issued shares (excluding treasury stock) and 389,191 treasury shares.
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥43.47 (vs JP¥44.12 in 1Q 2023)First quarter 2024 results: EPS: JP¥43.47 (down from JP¥44.12 in 1Q 2023). Revenue: JP¥3.24b (up 5.5% from 1Q 2023). Net income: JP¥199.0m (down 1.5% from 1Q 2023). Profit margin: 6.1% (down from 6.6% in 1Q 2023). 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 only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 26Ichikawa Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Ichikawa Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • May 18Full year 2023 earnings released: EPS: JP¥182 (vs JP¥114 in FY 2022)Full year 2023 results: EPS: JP¥182 (up from JP¥114 in FY 2022). Revenue: JP¥13.3b (up 8.0% from FY 2022). Net income: JP¥833.0m (up 59% from FY 2022). Profit margin: 6.2% (up from 4.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. 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 (3.6%). Higher than average of industry peers (2.4%).
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥49.14 (vs JP¥31.23 in 3Q 2022)Third quarter 2023 results: EPS: JP¥49.14 (up from JP¥31.23 in 3Q 2022). Revenue: JP¥3.48b (up 17% from 3Q 2022). Net income: JP¥225.0m (up 57% from 3Q 2022). Profit margin: 6.5% (up from 4.8% in 3Q 2022). 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 fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Dec 22Ichikawa Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Ichikawa Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023
Reported Earnings • Nov 20Second quarter 2023 earnings released: EPS: JP¥54.17 (vs JP¥44.79 in 2Q 2022)Second quarter 2023 results: EPS: JP¥54.17 (up from JP¥44.79 in 2Q 2022). Revenue: JP¥3.44b (up 12% from 2Q 2022). Net income: JP¥248.0m (up 21% from 2Q 2022). Profit margin: 7.2% (up from 6.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% 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 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. 5 non-independent directors. Outside Independent Director Ryota Honjo was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥54.17 (vs JP¥44.79 in 2Q 2022)Second quarter 2023 results: EPS: JP¥54.17 (up from JP¥44.79 in 2Q 2022). Revenue: JP¥3.44b (up 12% from 2Q 2022). Net income: JP¥248.0m (up 21% from 2Q 2022). Profit margin: 7.2% (up from 6.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. 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 (3.7%). Higher than average of industry peers (2.4%).
Buying Opportunity • Sep 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.3%. The fair value is estimated to be JP¥1,693, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 36%.
お知らせ • Sep 01Ichikawa Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022Ichikawa Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥44.12 (vs JP¥14.21 in 1Q 2022)First quarter 2023 results: EPS: JP¥44.12 (up from JP¥14.21 in 1Q 2022). Revenue: JP¥3.07b (up 11% from 1Q 2022). Net income: JP¥202.0m (up 211% from 1Q 2022). Profit margin: 6.6% (up from 2.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jun 24Ichikawa Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Ichikawa Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥114 (vs JP¥80.67 in FY 2021)Full year 2022 results: EPS: JP¥114 (up from JP¥80.67 in FY 2021). Revenue: JP¥12.4b (up 6.5% from FY 2021). Net income: JP¥523.0m (up 42% from FY 2021). Profit margin: 4.2% (up from 3.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% 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 18Ichikawa Co., Ltd., Annual General Meeting, Jun 29, 2022Ichikawa Co., Ltd., Annual General Meeting, Jun 29, 2022.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Outside Director Akira Nozaki was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 07Ichikawa Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Ichikawa Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%).
Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥31.23 (up from JP¥3.50 loss in 3Q 2021). Revenue: JP¥2.97b (up 16% from 3Q 2021). Net income: JP¥143.0m (up JP¥159.0m from 3Q 2021). Profit margin: 4.8% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 01Second quarter 2022 earnings released: EPS JP¥44.78 (vs JP¥19.90 in 2Q 2021)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥3.08b (flat on 2Q 2021). Net income: JP¥205.0m (up 125% from 2Q 2021). Profit margin: 6.6% (up from 3.0% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%).
Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥14.21 (vs JP¥10.94 in 1Q 2021)The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥2.78b (flat on 1Q 2021). Net income: JP¥65.0m (up 30% from 1Q 2021). Profit margin: 2.3% (up from 1.8% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 10 June 2021. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
Is New 90 Day High Low • Feb 26New 90-day high: JP¥1,350The company is up 3.0% from its price of JP¥1,315 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period.
Reported Earnings • Feb 03Third quarter 2021 earnings released: JP¥3.50 loss per share (vs JP¥33.47 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥2.56b (down 12% from 3Q 2020). Net loss: JP¥16.0m (down 111% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year.
Is New 90 Day High Low • Dec 22New 90-day low: JP¥1,280The company is down 8.0% from its price of JP¥1,388 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 14% over the same period.
お知らせ • Aug 02+ 1 more updateIchikawa Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020Ichikawa Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020
