Tomoe Engineering（6309）株式概要巴工業(株)は、その子会社とともに、日本、アジア、および海外で化学品、機械、設備の製造・販売を行っている。 詳細6309 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長2/6過去の実績2/6財務の健全性6/6配当金5/6報酬株価収益率（ 13.4 x） JP市場（ 13.8 x）を下回っています。収益は年間10.19%増加すると予測されています リスク分析4.25%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 すべてのリスクチェックを見る6309 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¥1.70k1.9% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture074b2016201920222025202620282031Revenue JP¥74.5bEarnings JP¥4.7bAdvancedSet Fair ValueView all narrativesTomoe Engineering Co., Ltd. 競合他社Tsubakimoto KogyoSymbol: TSE:8052Market cap: JP¥49.3bKanadenSymbol: TSE:8081Market cap: JP¥54.0bSanyo TradingSymbol: TSE:3176Market cap: JP¥46.8bMitani SangyoSymbol: TSE:8285Market cap: JP¥40.0b価格と性能株価の高値、安値、推移の概要Tomoe Engineering過去の株価現在の株価JP¥1,696.0052週高値JP¥2,239.0052週安値JP¥1,373.00ベータ01ヶ月の変化-5.25%3ヶ月変化-20.97%1年変化20.03%3年間の変化108.78%5年間の変化136.76%IPOからの変化142.29%最新ニュースUpcoming Dividend • Apr 21Upcoming dividend of JP¥36.00 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).Reported Earnings • Mar 13First quarter 2026 earnings released: EPS: JP¥37.61 (vs JP¥41.35 in 1Q 2025)First quarter 2026 results: EPS: JP¥37.61 (down from JP¥41.35 in 1Q 2025). Revenue: JP¥15.3b (up 1.6% from 1Q 2025). Net income: JP¥1.11b (down 10% from 1Q 2025). Profit margin: 7.2% (down from 8.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Feb 19Final dividend of JP¥36.00 announcedShareholders will receive a dividend of JP¥36.00. Ex-date: 28th April 2026 Payment date: 10th July 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (37% 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 and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Dec 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥129 (up from JP¥121 in FY 2024). Revenue: JP¥59.4b (up 14% from FY 2024). Net income: JP¥3.85b (up 6.5% from FY 2024). Profit margin: 6.5% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 11Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 29, 2026Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 29, 2026.Upcoming Dividend • Oct 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 October 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).最新情報をもっと見るRecent updatesUpcoming Dividend • Apr 21Upcoming dividend of JP¥36.00 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).Reported Earnings • Mar 13First quarter 2026 earnings released: EPS: JP¥37.61 (vs JP¥41.35 in 1Q 2025)First quarter 2026 results: EPS: JP¥37.61 (down from JP¥41.35 in 1Q 2025). Revenue: JP¥15.3b (up 1.6% from 1Q 2025). Net income: JP¥1.11b (down 10% from 1Q 2025). Profit margin: 7.2% (down from 8.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Feb 19Final dividend of JP¥36.00 announcedShareholders will receive a dividend of JP¥36.00. Ex-date: 28th April 2026 Payment date: 10th July 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (37% 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 and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Dec 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥129 (up from JP¥121 in FY 2024). Revenue: JP¥59.4b (up 14% from FY 2024). Net income: JP¥3.85b (up 6.5% from FY 2024). Profit margin: 6.5% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 11Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 29, 2026Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 29, 2026.Upcoming Dividend • Oct 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 October 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).分析記事 • Oct 17Tomoe Engineering (TSE:6309) Has Announced That Its Dividend Will Be Reduced To ¥26.00Tomoe Engineering Co., Ltd. ( TSE:6309 ) has announced that on 2nd of February, it will be paying a dividend of¥26.00...お知らせ • Oct 08Tomoe Engineering Co., Ltd. to Report Fiscal Year 2025 Results on Dec 11, 2025Tomoe Engineering Co., Ltd. announced that they will report fiscal year 2025 results on Dec 11, 2025分析記事 • Oct 03Tomoe Engineering (TSE:6309) Is Reducing Its Dividend To ¥26.00Tomoe Engineering Co., Ltd.'s ( TSE:6309 ) dividend is being reduced from last year's payment covering the same period...お知らせ • Sep 26Tomoe Engineering Co., Ltd. (TSE:6309) announces an Equity Buyback for 600,000 shares, representing 2% for ¥900 million.Tomoe Engineering Co., Ltd. (TSE:6309) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 2% of its issued share capital, for ¥900 million. The program is valid till April 30, 2026. As of August 31, 2025, the company 29,934,666 outstanding shares (excluding treasury stock) and 1,664,934 treasury shares.分析記事 • Sep 19Tomoe Engineering (TSE:6309) Has Announced That Its Dividend Will Be Reduced To ¥26.00Tomoe Engineering Co., Ltd. ( TSE:6309 ) has announced that on 2nd of February, it will be paying a dividend of¥26.00...Reported Earnings • Sep 14Third quarter 2025 earnings released: EPS: JP¥26.49 (vs JP¥22.12 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.49 (up from JP¥22.12 in 3Q 2024). Revenue: JP¥15.1b (up 14% from 3Q 2024). Net income: JP¥793.0m (up 20% from 3Q 2024). Profit margin: 5.3% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jul 11First half dividend of JP¥26.00 announcedShareholders will receive a dividend of JP¥26.00. Ex-date: 30th October 2025 Payment date: 2nd February 2026 Dividend yield will be 6.6%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (13% 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 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 23% over the next 3 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jul 06Tomoe Engineering Co., Ltd. to Report Q3, 2025 Results on Sep 12, 2025Tomoe Engineering Co., Ltd. announced that they will report Q3, 2025 results on Sep 12, 2025分析記事 • Jun 19Tomoe Engineering's (TSE:6309) Solid Profits Have Weak FundamentalsDespite announcing strong earnings, Tomoe Engineering Co., Ltd.'s ( TSE:6309 ) stock was sluggish. We did some digging...Reported Earnings • Jun 14Second quarter 2025 earnings released: EPS: JP¥44.37 (vs JP¥44.46 in 2Q 2024)Second quarter 2025 results: EPS: JP¥44.37 (down from JP¥44.46 in 2Q 2024). Revenue: JP¥16.2b (up 12% from 2Q 2024). Net income: JP¥1.33b (flat on 2Q 2024). Profit margin: 8.2% (down from 9.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 22% per year.お知らせ • Jun 06+ 1 more updateTomoe Engineering Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending October 31, 2025Tomoe Engineering Co., Ltd. revised consolidated earnings guidance for the fiscal year ending October 31, 2025. For the year, the company expects revised net sales of JPY 59,200 million, operating income of JPY 5,300 million, profit attributable to owners of the parent of JPY 3,760 million and basic earnings per share of JPY 125.61 compared to previously expected net sales of JPY 57,000 million, operating income of JPY 4,960 million, profit attributable to owners of the parent of JPY 3,620 million and basic earnings per share of JPY 120.93. Reason for revision: Regarding full-year net sales, the company now expects total revenue to reach JPY 59.2 billion, exceeding the initial forecast by JPY 2.2 billion, stronger-than-expected performance mainly because net sales of the mineral products sector in the Chemical Products Business are projected to be strong. On the profit side, operating profit is projected to be JPY 340 million, ordinary profit to be JPY 350 million, and profit attributable to owners of the parent to be JPY 140 million, exceeding initial expectations. This improvement is mainly driven by growth in net sales of components and repair services in the Machinery & Equipment Business. As a result, for the fiscal year ending October 31, 2025, consolidated net sales are expected to reach a record high for the second consecutive year. Operating profit and ordinary profit are projected to achieve record highs for the fifth consecutive year, and profit attributable to owners of the parent is also expected to reach a record high for the second consecutive year.New Risk • Apr 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 155% Dividend yield: 10% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Upcoming Dividend • Apr 21Upcoming dividend of JP¥73.00 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 08 July 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (3.7%).分析記事 • Apr 07Tomoe Engineering (TSE:6309) Has Announced A Dividend Of ¥73.00Tomoe Engineering Co., Ltd.'s ( TSE:6309 ) investors are due to receive a payment of ¥73.00 per share on 8th of July...お知らせ • Apr 02Tomoe Engineering Co., Ltd. to Report Q2, 2025 Results on Jun 12, 2025Tomoe Engineering Co., Ltd. announced that they will report Q2, 2025 results on Jun 12, 2025分析記事 • Mar 24Tomoe Engineering (TSE:6309) Will Pay A Dividend Of ¥73.00Tomoe Engineering Co., Ltd. ( TSE:6309 ) has announced that it will pay a dividend of ¥73.00 per share on the 8th of...お知らせ • Mar 24Tomoe Engineering Co., Ltd. Revises Year End Dividend Guidance for the Fiscal Year Ending October 2025Tomoe Engineering Co., Ltd. revised year end dividend guidance for the fiscal year ending October 2025. for the year end, the company expects to pay dividend of JPY 25.00 per share (JPY 75.00 per share before the stock split) against JPY 73.00 per share expected previously.Reported Earnings • Mar 14First quarter 2025 earnings released: EPS: JP¥124 (vs JP¥80.88 in 1Q 2024)First quarter 2025 results: EPS: JP¥124 (up from JP¥80.88 in 1Q 2024). Revenue: JP¥15.1b (up 24% from 1Q 2024). Net income: JP¥1.24b (up 53% from 1Q 2024). Profit margin: 8.2% (up from 6.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year and the company’s share price has also increased by 20% per year.分析記事 • Feb 12Tomoe Engineering (TSE:6309) Is Due To Pay A Dividend Of ¥73.00Tomoe Engineering Co., Ltd. ( TSE:6309 ) will pay a dividend of ¥73.00 on the 8th of July. This will take the annual...Declared Dividend • Feb 12Final dividend of JP¥73.00 announcedShareholders will receive a dividend of JP¥73.00. Ex-date: 28th April 2025 Payment date: 8th July 2025 Dividend yield will be 4.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 03Tomoe Engineering Co., Ltd. Announces Board ChangesTomoe Engineering Co., Ltd. announced that the Board of Directors resolved at a meeting held on January 30, 2025 to change the members of the Independent Committee based on the "Countermeasures against Large-Scale Purchases of the Company's Shares, etc. (Takeover Defense Measures)" approved at the 93rd Ordinary General Meeting of Shareholders held on January 27, 2023. The following changes were resolved at the meeting of the Board of Directors held on January 30, 2025. Changes in Independent Committee Members (As of January 30, 2025); New Independent Committee Members: Takako Ochi, Retired Independent Committee Members: Tatsuo Hasunuma. Past experience of New Independent Committee Members [Name] Takako Ochi /Outside Director (Independent Officer) [Past experience] Date of birth: July 13, 1969 October 1992 Joined Eiwa Audit Corporation (currently KPMG AZSA LLC) October 1996 Joined Tohmatsu & Co. (currently Deloitte Touche Tohmatsu LLC) April 1997 Joined Chuo Coopers & Lybrand Advisors K.K. April 2001 Joined MagClick Inc. April 2002 Established Ochi Certified Public Accountant Office (to the present) October 2012 Established Takako Ochi Certified Public Tax Accountant Office (to the present) December 2018 Joined TAIYU AUDIT LLC June 2023 Outside Audit & Supervisory Board Member, J Trust Global Securities Co Ltd. (current position) February 2024 Outside Audit & Supervisory Board Member, K.R.S. Corporation (current position).お知らせ • Jan 17Tomoe Engineering Co., Ltd. to Report Q1, 2025 Results on Mar 13, 2025Tomoe Engineering Co., Ltd. announced that they will report Q1, 2025 results on Mar 13, 2025お知らせ • Dec 27+ 1 more updateTomoe Engineering Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending October 31, 2025Tomoe Engineering Co., Ltd. provided year-end dividend guidance for the fiscal year ending October 31, 2025. For the year, the company expects dividend of JPY 73.00 per share compared to JPY 82.00 per share a year ago.お知らせ • Dec 18Tomoe Engineering Co., Ltd. Revises Year-End Dividend Guidance for the Fiscal Year Ending October 31, 2024, Payable on January 31, 2025Tomoe Engineering Co., Ltd. announced that Board of Directors has resolved at a meeting held on December 11, 2024, to pay dividends of surplus with the record date of October 31, 2024. This matter is to be proposed for approval of the 95th Ordinary General Meeting of Shareholders to be held on January 30, 2025: Dividend per share is JPY 82.00 per share. Record date: December 31, 2024 Total dividend amount: JPY 818 million. Effective date: January 31, 2025. Dividend resource: Retained earnings against JPY 63.00 per share prior forecast. In light of the financial results for the fiscal year ending October 31, 2024 announced, the company decided to increase the year-end dividend per share by JPY 19 per share from the most recent forecast of JPY 63 per share to JPY 82 per share, in order to return profits to our shareholders, and will submit this proposal to the Ordinary General Meeting of Shareholders.Reported Earnings • Dec 13Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥362 (up from JP¥274 in FY 2023). Revenue: JP¥52.1b (up 5.0% from FY 2023). Net income: JP¥3.62b (up 32% from FY 2023). Profit margin: 6.9% (up from 5.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. 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 21% per year.お知らせ • Dec 11Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 30, 2025Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 30, 2025.Upcoming Dividend • Oct 23Upcoming dividend of JP¥63.00 per shareEligible shareholders must have bought the stock before 30 October 2024. Payment date: 31 January 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.3%).お知らせ • Oct 06Tomoe Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Dec 11, 2024Tomoe Engineering Co., Ltd. announced that they will report fiscal year 2024 results on Dec 11, 2024Reported Earnings • Sep 17Third quarter 2024 earnings released: EPS: JP¥66.34 (vs JP¥57.12 in 3Q 2023)Third quarter 2024 results: EPS: JP¥66.34 (up from JP¥57.12 in 3Q 2023). Revenue: JP¥13.2b (up 13% from 3Q 2023). Net income: JP¥662.0m (up 16% from 3Q 2023). Profit margin: 5.0% (up from 4.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year.分析記事 • Aug 05It's Down 26% But Tomoe Engineering Co., Ltd. (TSE:6309) Could Be Riskier Than It LooksTomoe Engineering Co., Ltd. ( TSE:6309 ) shareholders won't be pleased to see that the share price has had a very rough...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥3,500, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 67% over the past three years.お知らせ • Jul 04Tomoe Engineering Co., Ltd. to Report Q3, 2024 Results on Sep 12, 2024Tomoe Engineering Co., Ltd. announced that they will report Q3, 2024 results on Sep 12, 2024Reported Earnings • Jun 15Second quarter 2024 earnings released: EPS: JP¥133 (vs JP¥103 in 2Q 2023)Second quarter 2024 results: EPS: JP¥133 (up from JP¥103 in 2Q 2023). Revenue: JP¥14.4b (up 11% from 2Q 2023). Net income: JP¥1.33b (up 30% from 2Q 2023). Profit margin: 9.2% (up from 7.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jun 13A Look At The Intrinsic Value Of Tomoe Engineering Co., Ltd. (TSE:6309)Key Insights Using the 2 Stage Free Cash Flow to Equity, Tomoe Engineering fair value estimate is JP¥5,227 Current...Declared Dividend • Jun 10Dividend of JP¥63.00 announcedShareholders will receive a dividend of JP¥63.00. Ex-date: 30th October 2024 Payment date: 31st January 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Apr 19Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.3%).お知らせ • Apr 05Tomoe Engineering Co., Ltd. to Report Q2, 2024 Results on Jun 12, 2024Tomoe Engineering Co., Ltd. announced that they will report Q2, 2024 results on Jun 12, 2024Reported Earnings • Mar 17First quarter 2024 earnings released: EPS: JP¥80.88 (vs JP¥39.09 in 1Q 2023)First quarter 2024 results: EPS: JP¥80.88 (up from JP¥39.09 in 1Q 2023). Revenue: JP¥12.1b (up 9.1% from 1Q 2023). Net income: JP¥807.0m (up 107% from 1Q 2023). Profit margin: 6.6% (up from 3.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 15Some Confidence Is Lacking In Tomoe Engineering Co., Ltd.'s (TSE:6309) P/EWith a price-to-earnings (or "P/E") ratio of 16.6x Tomoe Engineering Co., Ltd. ( TSE:6309 ) may be sending bearish...Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,540, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 128% over the past three years.Declared Dividend • Feb 16Final dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 26th April 2024 Payment date: 10th July 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 03Full year 2023 earnings released: EPS: JP¥274 (vs JP¥266 in FY 2022)Full year 2023 results: EPS: JP¥274 (up from JP¥266 in FY 2022). Revenue: JP¥49.6b (up 8.9% from FY 2022). Net income: JP¥2.73b (up 2.8% from FY 2022). Profit margin: 5.5% (down from 5.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.お知らせ • Jan 14Tomoe Engineering Co., Ltd. to Report Q1, 2024 Results on Mar 14, 2024Tomoe Engineering Co., Ltd. announced that they will report Q1, 2024 results on Mar 14, 2024Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improves as stock rises 45%After last week's 45% share price gain to JP¥4,050, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 125% over the past three years.お知らせ • Dec 16Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 30, 2024Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 30, 2024.Reported Earnings • Dec 15Full year 2023 earnings released: EPS: JP¥274 (vs JP¥266 in FY 2022)Full year 2023 results: EPS: JP¥274 (up from JP¥266 in FY 2022). Revenue: JP¥49.6b (up 8.9% from FY 2022). Net income: JP¥2.73b (up 2.8% from FY 2022). Profit margin: 5.5% (down from 5.8% 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 16% per year whereas the company’s share price has increased by 19% per year.Upcoming Dividend • Oct 23Upcoming dividend of JP¥40.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 30 January 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.1%).Reported Earnings • Sep 16Third quarter 2023 earnings released: EPS: JP¥57.12 (vs JP¥31.87 in 3Q 2022)Third quarter 2023 results: EPS: JP¥57.12 (up from JP¥31.87 in 3Q 2022). Revenue: JP¥11.7b (up 8.3% from 3Q 2022). Net income: JP¥570.0m (up 79% from 3Q 2022). Profit margin: 4.9% (up from 3.0% 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 18% per year whereas the company’s share price has increased by 16% per year.お知らせ • Jul 06Tomoe Engineering Co., Ltd. to Report Q3, 2023 Results on Sep 12, 2023Tomoe Engineering Co., Ltd. announced that they will report Q3, 2023 results on Sep 12, 2023Reported Earnings • Jun 13Second quarter 2023 earnings released: EPS: JP¥103 (vs JP¥90.80 in 2Q 2022)Second quarter 2023 results: EPS: JP¥103 (up from JP¥90.80 in 2Q 2022). Revenue: JP¥13.0b (up 8.4% from 2Q 2022). Net income: JP¥1.03b (up 13% from 2Q 2022). Profit margin: 7.9% (up from 7.5% 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 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.New Risk • Jun 09New 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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥2,967, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 72% over the past three years.Upcoming Dividend • Apr 20Upcoming dividend of JP¥28.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 11 July 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.5%).Reported Earnings • Mar 15First quarter 2023 earnings released: EPS: JP¥39.09 (vs JP¥69.05 in 1Q 2022)First quarter 2023 results: EPS: JP¥39.09 (down from JP¥69.05 in 1Q 2022). Revenue: JP¥11.1b (up 12% from 1Q 2022). Net income: JP¥390.0m (down 43% from 1Q 2022). Profit margin: 3.5% (down from 6.9% in 1Q 2022). The decrease in margin was driven by higher expenses. 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 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 02Full year 2022 earnings released: EPS: JP¥266 (vs JP¥211 in FY 2021)Full year 2022 results: EPS: JP¥266 (up from JP¥211 in FY 2021). Revenue: JP¥45.6b (up 1.0% from FY 2021). Net income: JP¥2.66b (up 26% from FY 2021). Profit margin: 5.8% (up from 4.7% in FY 2021). 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 3% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 09Tomoe Engineering Co., Ltd. to Report Q1, 2023 Results on Mar 14, 2023Tomoe Engineering Co., Ltd. announced that they will report Q1, 2023 results on Mar 14, 2023Reported Earnings • Dec 16Full year 2022 earnings released: EPS: JP¥266 (vs JP¥211 in FY 2021)Full year 2022 results: EPS: JP¥266 (up from JP¥211 in FY 2021). Revenue: JP¥45.6b (up 1.0% from FY 2021). Net income: JP¥2.66b (up 26% from FY 2021). Profit margin: 5.8% (up from 4.7% in FY 2021). 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.お知らせ • Dec 16Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 27, 2023Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 27, 2023.Upcoming Dividend • Oct 21Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 28 October 2022. Payment date: 31 January 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.7%).お知らせ • Oct 06Tomoe Engineering Co., Ltd. to Report Fiscal Year 2022 Results on Dec 14, 2022Tomoe Engineering Co., Ltd. announced that they will report fiscal year 2022 results on Dec 14, 2022Reported Earnings • Sep 14Third quarter 2022 earnings released: EPS: JP¥31.87 (vs JP¥21.25 in 3Q 2021)Third quarter 2022 results: EPS: JP¥31.87 (up from JP¥21.25 in 3Q 2021). Revenue: JP¥10.8b (up 3.9% from 3Q 2021). Net income: JP¥318.0m (up 50% from 3Q 2021). Profit margin: 3.0% (up from 2.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Jul 02Tomoe Engineering Co., Ltd. to Report Q3, 2022 Results on Sep 12, 2022Tomoe Engineering Co., Ltd. announced that they will report Q3, 2022 results on Sep 12, 2022Reported Earnings • Jun 13Second quarter 2022 earnings released: EPS: JP¥90.80 (vs JP¥96.31 in 2Q 2021)Second quarter 2022 results: EPS: JP¥90.80 (down from JP¥96.31 in 2Q 2021). Revenue: JP¥12.0b (down 3.5% from 2Q 2021). Net income: JP¥906.0m (down 5.7% from 2Q 2021). Profit margin: 7.5% (down from 7.7% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 April 2022. Payment date: 12 July 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.5%).お知らせ • Apr 08Tomoe Engineering Co., Ltd. to Report Q2, 2022 Results on Jun 10, 2022Tomoe Engineering Co., Ltd. announced that they will report Q2, 2022 results on Jun 10, 2022Reported Earnings • Mar 15First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: EPS: JP¥69.05 (up from JP¥49.81 in 1Q 2021). Revenue: JP¥9.96b (down 6.1% from 1Q 2021). Net income: JP¥689.0m (up 39% from 1Q 2021). Profit margin: 6.9% (up from 4.7% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥211 (up from JP¥154 in FY 2020). Revenue: JP¥45.1b (up 15% from FY 2020). Net income: JP¥2.11b (up 38% from FY 2020). Profit margin: 4.7% (up from 3.9% in FY 2020). The increase in margin 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 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Dec 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥211 (up from JP¥154 in FY 2020). Revenue: JP¥45.1b (up 15% from FY 2020). Net income: JP¥2.11b (up 38% from FY 2020). Profit margin: 4.7% (up from 3.9% in FY 2020). The increase in margin 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 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 October 2021. Payment date: 29 January 2022. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (3.1%).Reported Earnings • Sep 15Third quarter 2021 earnings released: EPS JP¥21.25 (vs JP¥16.64 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥10.4b (up 22% from 3Q 2020). Net income: JP¥212.0m (up 28% from 3Q 2020). Profit margin: 2.0% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.Reported Earnings • Jun 11Second quarter 2021 earnings released: EPS JP¥96.31 (vs JP¥55.52 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥12.4b (up 20% from 2Q 2020). Net income: JP¥961.0m (up 74% from 2Q 2020). Profit margin: 7.7% (up from 5.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.Upcoming Dividend • Apr 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 April 2021. Payment date: 13 July 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.8%). Lower than average of industry peers (3.1%).Reported Earnings • Mar 12First quarter 2021 earnings released: EPS JP¥49.81 (vs JP¥35.58 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥10.6b (up 11% from 1Q 2020). Net income: JP¥497.0m (up 40% from 1Q 2020). Profit margin: 4.7% (up from 3.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 15New 90-day high: JP¥2,095The company is up 6.0% from its price of JP¥1,974 on 17 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 14% over the same period.Reported Earnings • Feb 02Full year 2020 earnings released: EPS JP¥154 (vs JP¥157 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: JP¥39.2b (down 5.2% from FY 2019). Net income: JP¥1.53b (down 2.4% from FY 2019). Profit margin: 3.9% (up from 3.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 28New 90-day high: JP¥2,068The company is up 7.0% from its price of JP¥1,941 on 30 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 17% over the same period.お知らせ • Jan 09Tomoe Engineering Co., Ltd. to Report Q1, 2021 Results on Mar 11, 2021Tomoe Engineering Co., Ltd. announced that they will report Q1, 2021 results on Mar 11, 2021お知らせ • Dec 19Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 28, 2021Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 28, 2021.Reported Earnings • Dec 16Full year 2020 earnings released: EPS JP¥154The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: JP¥39.2b (down 5.2% from FY 2019). Net income: JP¥1.53b (down 2.4% from FY 2019). Profit margin: 3.9% (up from 3.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.お知らせ • Oct 17Tomoe Engineering Co., Ltd. to Report Fiscal Year 2020 Results on Dec 14, 2020Tomoe Engineering Co., Ltd. announced that they will report fiscal year 2020 results on Dec 14, 2020お知らせ • Jul 19Tomoe Engineering Co., Ltd. to Report Q3, 2020 Results on Sep 11, 2020Tomoe Engineering Co., Ltd. announced that they will report Q3, 2020 results on Sep 11, 2020株主還元6309JP Trade DistributorsJP 市場7D-5.1%-6.7%1.2%1Y20.0%70.0%42.1%株主還元を見る業界別リターン: 6309過去 1 年間で70 % の収益を上げたJP Trade Distributors業界を下回りました。リターン対市場: 6309は、過去 1 年間で42.1 % のリターンを上げたJP市場を下回りました。価格変動Is 6309's price volatile compared to industry and market?6309 volatility6309 Average Weekly Movement4.7%Trade Distributors Industry Average Movement4.6%Market Average Movement5.0%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 6309 、 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: 6309の 週次ボラティリティ ( 5% ) 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1941724Akitomo Tamaiwww.tomo-e.co.jp巴工業株式会社は、子会社とともに、化学品、機械・装置の製造・販売を日本、アジア、海外で行っている。プラスチック、ファインケミカル、鉱物、工業・先端・電子材料など様々な用途の製品を提供している。また、排水・汚泥処理、食品、飼料、医薬品、化学、リサイクル、エネルギー、製鉄、生物、土木、建築業界向けに、遠心分離機、回転カタツムリ、重力ベルト式濃縮機、不純物用粉砕機なども提供している。また、製品の輸出も行っている。同社は1941年に設立され、東京に本社を置く。もっと見るTomoe Engineering Co., Ltd. 基礎のまとめTomoe Engineering の収益と売上を時価総額と比較するとどうか。6309 基礎統計学時価総額JP¥49.85b収益（TTM）JP¥3.72b売上高(TTM)JP¥59.61b13.4xPER（株価収益率0.8xP/Sレシオ6309 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6309 損益計算書（TTM）収益JP¥59.61b売上原価JP¥44.64b売上総利益JP¥14.97bその他の費用JP¥11.25b収益JP¥3.72b直近の収益報告Jan 31, 2026次回決算日Jun 11, 2026一株当たり利益（EPS）126.68グロス・マージン25.11%純利益率6.25%有利子負債／自己資本比率0%6309 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4.2%現在の配当利回り48%配当性向6309 配当は確実ですか？6309 配当履歴とベンチマークを見る6309 、いつまでに購入すれば配当金を受け取れますか？Tomoe Engineering 配当日配当落ち日Apr 28 2026配当支払日Jul 10 2026配当落ちまでの日数27 days配当支払日までの日数46 days6309 配当は確実ですか？6309 配当履歴とベンチマークを見る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2026/05/24 14:02終値2026/05/22 00:00収益2026/01/31年間収益2025/10/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tomoe Engineering Co., Ltd. 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.Yusaku KonoIchiyoshi Research Institute Inc.
Upcoming Dividend • Apr 21Upcoming dividend of JP¥36.00 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).
Reported Earnings • Mar 13First quarter 2026 earnings released: EPS: JP¥37.61 (vs JP¥41.35 in 1Q 2025)First quarter 2026 results: EPS: JP¥37.61 (down from JP¥41.35 in 1Q 2025). Revenue: JP¥15.3b (up 1.6% from 1Q 2025). Net income: JP¥1.11b (down 10% from 1Q 2025). Profit margin: 7.2% (down from 8.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Feb 19Final dividend of JP¥36.00 announcedShareholders will receive a dividend of JP¥36.00. Ex-date: 28th April 2026 Payment date: 10th July 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (37% 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 and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Dec 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥129 (up from JP¥121 in FY 2024). Revenue: JP¥59.4b (up 14% from FY 2024). Net income: JP¥3.85b (up 6.5% from FY 2024). Profit margin: 6.5% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 11Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 29, 2026Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 29, 2026.
Upcoming Dividend • Oct 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 October 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).
Upcoming Dividend • Apr 21Upcoming dividend of JP¥36.00 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).
Reported Earnings • Mar 13First quarter 2026 earnings released: EPS: JP¥37.61 (vs JP¥41.35 in 1Q 2025)First quarter 2026 results: EPS: JP¥37.61 (down from JP¥41.35 in 1Q 2025). Revenue: JP¥15.3b (up 1.6% from 1Q 2025). Net income: JP¥1.11b (down 10% from 1Q 2025). Profit margin: 7.2% (down from 8.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Feb 19Final dividend of JP¥36.00 announcedShareholders will receive a dividend of JP¥36.00. Ex-date: 28th April 2026 Payment date: 10th July 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (37% 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 and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Dec 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥129 (up from JP¥121 in FY 2024). Revenue: JP¥59.4b (up 14% from FY 2024). Net income: JP¥3.85b (up 6.5% from FY 2024). Profit margin: 6.5% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 11Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 29, 2026Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 29, 2026.
Upcoming Dividend • Oct 23Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 30 October 2025. Payment date: 02 February 2026. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).
分析記事 • Oct 17Tomoe Engineering (TSE:6309) Has Announced That Its Dividend Will Be Reduced To ¥26.00Tomoe Engineering Co., Ltd. ( TSE:6309 ) has announced that on 2nd of February, it will be paying a dividend of¥26.00...
お知らせ • Oct 08Tomoe Engineering Co., Ltd. to Report Fiscal Year 2025 Results on Dec 11, 2025Tomoe Engineering Co., Ltd. announced that they will report fiscal year 2025 results on Dec 11, 2025
分析記事 • Oct 03Tomoe Engineering (TSE:6309) Is Reducing Its Dividend To ¥26.00Tomoe Engineering Co., Ltd.'s ( TSE:6309 ) dividend is being reduced from last year's payment covering the same period...
お知らせ • Sep 26Tomoe Engineering Co., Ltd. (TSE:6309) announces an Equity Buyback for 600,000 shares, representing 2% for ¥900 million.Tomoe Engineering Co., Ltd. (TSE:6309) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 2% of its issued share capital, for ¥900 million. The program is valid till April 30, 2026. As of August 31, 2025, the company 29,934,666 outstanding shares (excluding treasury stock) and 1,664,934 treasury shares.
分析記事 • Sep 19Tomoe Engineering (TSE:6309) Has Announced That Its Dividend Will Be Reduced To ¥26.00Tomoe Engineering Co., Ltd. ( TSE:6309 ) has announced that on 2nd of February, it will be paying a dividend of¥26.00...
Reported Earnings • Sep 14Third quarter 2025 earnings released: EPS: JP¥26.49 (vs JP¥22.12 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.49 (up from JP¥22.12 in 3Q 2024). Revenue: JP¥15.1b (up 14% from 3Q 2024). Net income: JP¥793.0m (up 20% from 3Q 2024). Profit margin: 5.3% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jul 11First half dividend of JP¥26.00 announcedShareholders will receive a dividend of JP¥26.00. Ex-date: 30th October 2025 Payment date: 2nd February 2026 Dividend yield will be 6.6%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (13% 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 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 23% over the next 3 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jul 06Tomoe Engineering Co., Ltd. to Report Q3, 2025 Results on Sep 12, 2025Tomoe Engineering Co., Ltd. announced that they will report Q3, 2025 results on Sep 12, 2025
分析記事 • Jun 19Tomoe Engineering's (TSE:6309) Solid Profits Have Weak FundamentalsDespite announcing strong earnings, Tomoe Engineering Co., Ltd.'s ( TSE:6309 ) stock was sluggish. We did some digging...
Reported Earnings • Jun 14Second quarter 2025 earnings released: EPS: JP¥44.37 (vs JP¥44.46 in 2Q 2024)Second quarter 2025 results: EPS: JP¥44.37 (down from JP¥44.46 in 2Q 2024). Revenue: JP¥16.2b (up 12% from 2Q 2024). Net income: JP¥1.33b (flat on 2Q 2024). Profit margin: 8.2% (down from 9.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 22% per year.
お知らせ • Jun 06+ 1 more updateTomoe Engineering Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending October 31, 2025Tomoe Engineering Co., Ltd. revised consolidated earnings guidance for the fiscal year ending October 31, 2025. For the year, the company expects revised net sales of JPY 59,200 million, operating income of JPY 5,300 million, profit attributable to owners of the parent of JPY 3,760 million and basic earnings per share of JPY 125.61 compared to previously expected net sales of JPY 57,000 million, operating income of JPY 4,960 million, profit attributable to owners of the parent of JPY 3,620 million and basic earnings per share of JPY 120.93. Reason for revision: Regarding full-year net sales, the company now expects total revenue to reach JPY 59.2 billion, exceeding the initial forecast by JPY 2.2 billion, stronger-than-expected performance mainly because net sales of the mineral products sector in the Chemical Products Business are projected to be strong. On the profit side, operating profit is projected to be JPY 340 million, ordinary profit to be JPY 350 million, and profit attributable to owners of the parent to be JPY 140 million, exceeding initial expectations. This improvement is mainly driven by growth in net sales of components and repair services in the Machinery & Equipment Business. As a result, for the fiscal year ending October 31, 2025, consolidated net sales are expected to reach a record high for the second consecutive year. Operating profit and ordinary profit are projected to achieve record highs for the fifth consecutive year, and profit attributable to owners of the parent is also expected to reach a record high for the second consecutive year.
New Risk • Apr 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 155% Dividend yield: 10% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Apr 21Upcoming dividend of JP¥73.00 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 08 July 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (3.7%).
分析記事 • Apr 07Tomoe Engineering (TSE:6309) Has Announced A Dividend Of ¥73.00Tomoe Engineering Co., Ltd.'s ( TSE:6309 ) investors are due to receive a payment of ¥73.00 per share on 8th of July...
お知らせ • Apr 02Tomoe Engineering Co., Ltd. to Report Q2, 2025 Results on Jun 12, 2025Tomoe Engineering Co., Ltd. announced that they will report Q2, 2025 results on Jun 12, 2025
分析記事 • Mar 24Tomoe Engineering (TSE:6309) Will Pay A Dividend Of ¥73.00Tomoe Engineering Co., Ltd. ( TSE:6309 ) has announced that it will pay a dividend of ¥73.00 per share on the 8th of...
お知らせ • Mar 24Tomoe Engineering Co., Ltd. Revises Year End Dividend Guidance for the Fiscal Year Ending October 2025Tomoe Engineering Co., Ltd. revised year end dividend guidance for the fiscal year ending October 2025. for the year end, the company expects to pay dividend of JPY 25.00 per share (JPY 75.00 per share before the stock split) against JPY 73.00 per share expected previously.
Reported Earnings • Mar 14First quarter 2025 earnings released: EPS: JP¥124 (vs JP¥80.88 in 1Q 2024)First quarter 2025 results: EPS: JP¥124 (up from JP¥80.88 in 1Q 2024). Revenue: JP¥15.1b (up 24% from 1Q 2024). Net income: JP¥1.24b (up 53% from 1Q 2024). Profit margin: 8.2% (up from 6.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year and the company’s share price has also increased by 20% per year.
分析記事 • Feb 12Tomoe Engineering (TSE:6309) Is Due To Pay A Dividend Of ¥73.00Tomoe Engineering Co., Ltd. ( TSE:6309 ) will pay a dividend of ¥73.00 on the 8th of July. This will take the annual...
Declared Dividend • Feb 12Final dividend of JP¥73.00 announcedShareholders will receive a dividend of JP¥73.00. Ex-date: 28th April 2025 Payment date: 8th July 2025 Dividend yield will be 4.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 03Tomoe Engineering Co., Ltd. Announces Board ChangesTomoe Engineering Co., Ltd. announced that the Board of Directors resolved at a meeting held on January 30, 2025 to change the members of the Independent Committee based on the "Countermeasures against Large-Scale Purchases of the Company's Shares, etc. (Takeover Defense Measures)" approved at the 93rd Ordinary General Meeting of Shareholders held on January 27, 2023. The following changes were resolved at the meeting of the Board of Directors held on January 30, 2025. Changes in Independent Committee Members (As of January 30, 2025); New Independent Committee Members: Takako Ochi, Retired Independent Committee Members: Tatsuo Hasunuma. Past experience of New Independent Committee Members [Name] Takako Ochi /Outside Director (Independent Officer) [Past experience] Date of birth: July 13, 1969 October 1992 Joined Eiwa Audit Corporation (currently KPMG AZSA LLC) October 1996 Joined Tohmatsu & Co. (currently Deloitte Touche Tohmatsu LLC) April 1997 Joined Chuo Coopers & Lybrand Advisors K.K. April 2001 Joined MagClick Inc. April 2002 Established Ochi Certified Public Accountant Office (to the present) October 2012 Established Takako Ochi Certified Public Tax Accountant Office (to the present) December 2018 Joined TAIYU AUDIT LLC June 2023 Outside Audit & Supervisory Board Member, J Trust Global Securities Co Ltd. (current position) February 2024 Outside Audit & Supervisory Board Member, K.R.S. Corporation (current position).
お知らせ • Jan 17Tomoe Engineering Co., Ltd. to Report Q1, 2025 Results on Mar 13, 2025Tomoe Engineering Co., Ltd. announced that they will report Q1, 2025 results on Mar 13, 2025
お知らせ • Dec 27+ 1 more updateTomoe Engineering Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending October 31, 2025Tomoe Engineering Co., Ltd. provided year-end dividend guidance for the fiscal year ending October 31, 2025. For the year, the company expects dividend of JPY 73.00 per share compared to JPY 82.00 per share a year ago.
お知らせ • Dec 18Tomoe Engineering Co., Ltd. Revises Year-End Dividend Guidance for the Fiscal Year Ending October 31, 2024, Payable on January 31, 2025Tomoe Engineering Co., Ltd. announced that Board of Directors has resolved at a meeting held on December 11, 2024, to pay dividends of surplus with the record date of October 31, 2024. This matter is to be proposed for approval of the 95th Ordinary General Meeting of Shareholders to be held on January 30, 2025: Dividend per share is JPY 82.00 per share. Record date: December 31, 2024 Total dividend amount: JPY 818 million. Effective date: January 31, 2025. Dividend resource: Retained earnings against JPY 63.00 per share prior forecast. In light of the financial results for the fiscal year ending October 31, 2024 announced, the company decided to increase the year-end dividend per share by JPY 19 per share from the most recent forecast of JPY 63 per share to JPY 82 per share, in order to return profits to our shareholders, and will submit this proposal to the Ordinary General Meeting of Shareholders.
Reported Earnings • Dec 13Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥362 (up from JP¥274 in FY 2023). Revenue: JP¥52.1b (up 5.0% from FY 2023). Net income: JP¥3.62b (up 32% from FY 2023). Profit margin: 6.9% (up from 5.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. 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 21% per year.
お知らせ • Dec 11Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 30, 2025Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 30, 2025.
Upcoming Dividend • Oct 23Upcoming dividend of JP¥63.00 per shareEligible shareholders must have bought the stock before 30 October 2024. Payment date: 31 January 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.3%).
お知らせ • Oct 06Tomoe Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Dec 11, 2024Tomoe Engineering Co., Ltd. announced that they will report fiscal year 2024 results on Dec 11, 2024
Reported Earnings • Sep 17Third quarter 2024 earnings released: EPS: JP¥66.34 (vs JP¥57.12 in 3Q 2023)Third quarter 2024 results: EPS: JP¥66.34 (up from JP¥57.12 in 3Q 2023). Revenue: JP¥13.2b (up 13% from 3Q 2023). Net income: JP¥662.0m (up 16% from 3Q 2023). Profit margin: 5.0% (up from 4.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year.
分析記事 • Aug 05It's Down 26% But Tomoe Engineering Co., Ltd. (TSE:6309) Could Be Riskier Than It LooksTomoe Engineering Co., Ltd. ( TSE:6309 ) shareholders won't be pleased to see that the share price has had a very rough...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥3,500, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 67% over the past three years.
お知らせ • Jul 04Tomoe Engineering Co., Ltd. to Report Q3, 2024 Results on Sep 12, 2024Tomoe Engineering Co., Ltd. announced that they will report Q3, 2024 results on Sep 12, 2024
Reported Earnings • Jun 15Second quarter 2024 earnings released: EPS: JP¥133 (vs JP¥103 in 2Q 2023)Second quarter 2024 results: EPS: JP¥133 (up from JP¥103 in 2Q 2023). Revenue: JP¥14.4b (up 11% from 2Q 2023). Net income: JP¥1.33b (up 30% from 2Q 2023). Profit margin: 9.2% (up from 7.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jun 13A Look At The Intrinsic Value Of Tomoe Engineering Co., Ltd. (TSE:6309)Key Insights Using the 2 Stage Free Cash Flow to Equity, Tomoe Engineering fair value estimate is JP¥5,227 Current...
Declared Dividend • Jun 10Dividend of JP¥63.00 announcedShareholders will receive a dividend of JP¥63.00. Ex-date: 30th October 2024 Payment date: 31st January 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Apr 19Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 10 July 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.3%).
お知らせ • Apr 05Tomoe Engineering Co., Ltd. to Report Q2, 2024 Results on Jun 12, 2024Tomoe Engineering Co., Ltd. announced that they will report Q2, 2024 results on Jun 12, 2024
Reported Earnings • Mar 17First quarter 2024 earnings released: EPS: JP¥80.88 (vs JP¥39.09 in 1Q 2023)First quarter 2024 results: EPS: JP¥80.88 (up from JP¥39.09 in 1Q 2023). Revenue: JP¥12.1b (up 9.1% from 1Q 2023). Net income: JP¥807.0m (up 107% from 1Q 2023). Profit margin: 6.6% (up from 3.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 15Some Confidence Is Lacking In Tomoe Engineering Co., Ltd.'s (TSE:6309) P/EWith a price-to-earnings (or "P/E") ratio of 16.6x Tomoe Engineering Co., Ltd. ( TSE:6309 ) may be sending bearish...
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,540, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 128% over the past three years.
Declared Dividend • Feb 16Final dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 26th April 2024 Payment date: 10th July 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 03Full year 2023 earnings released: EPS: JP¥274 (vs JP¥266 in FY 2022)Full year 2023 results: EPS: JP¥274 (up from JP¥266 in FY 2022). Revenue: JP¥49.6b (up 8.9% from FY 2022). Net income: JP¥2.73b (up 2.8% from FY 2022). Profit margin: 5.5% (down from 5.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
お知らせ • Jan 14Tomoe Engineering Co., Ltd. to Report Q1, 2024 Results on Mar 14, 2024Tomoe Engineering Co., Ltd. announced that they will report Q1, 2024 results on Mar 14, 2024
Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improves as stock rises 45%After last week's 45% share price gain to JP¥4,050, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 125% over the past three years.
お知らせ • Dec 16Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 30, 2024Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 30, 2024.
Reported Earnings • Dec 15Full year 2023 earnings released: EPS: JP¥274 (vs JP¥266 in FY 2022)Full year 2023 results: EPS: JP¥274 (up from JP¥266 in FY 2022). Revenue: JP¥49.6b (up 8.9% from FY 2022). Net income: JP¥2.73b (up 2.8% from FY 2022). Profit margin: 5.5% (down from 5.8% 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 16% per year whereas the company’s share price has increased by 19% per year.
Upcoming Dividend • Oct 23Upcoming dividend of JP¥40.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 30 January 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.1%).
Reported Earnings • Sep 16Third quarter 2023 earnings released: EPS: JP¥57.12 (vs JP¥31.87 in 3Q 2022)Third quarter 2023 results: EPS: JP¥57.12 (up from JP¥31.87 in 3Q 2022). Revenue: JP¥11.7b (up 8.3% from 3Q 2022). Net income: JP¥570.0m (up 79% from 3Q 2022). Profit margin: 4.9% (up from 3.0% 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 18% per year whereas the company’s share price has increased by 16% per year.
お知らせ • Jul 06Tomoe Engineering Co., Ltd. to Report Q3, 2023 Results on Sep 12, 2023Tomoe Engineering Co., Ltd. announced that they will report Q3, 2023 results on Sep 12, 2023
Reported Earnings • Jun 13Second quarter 2023 earnings released: EPS: JP¥103 (vs JP¥90.80 in 2Q 2022)Second quarter 2023 results: EPS: JP¥103 (up from JP¥90.80 in 2Q 2022). Revenue: JP¥13.0b (up 8.4% from 2Q 2022). Net income: JP¥1.03b (up 13% from 2Q 2022). Profit margin: 7.9% (up from 7.5% 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 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 09New 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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥2,967, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 72% over the past three years.
Upcoming Dividend • Apr 20Upcoming dividend of JP¥28.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 11 July 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.5%).
Reported Earnings • Mar 15First quarter 2023 earnings released: EPS: JP¥39.09 (vs JP¥69.05 in 1Q 2022)First quarter 2023 results: EPS: JP¥39.09 (down from JP¥69.05 in 1Q 2022). Revenue: JP¥11.1b (up 12% from 1Q 2022). Net income: JP¥390.0m (down 43% from 1Q 2022). Profit margin: 3.5% (down from 6.9% in 1Q 2022). The decrease in margin was driven by higher expenses. 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 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: JP¥266 (vs JP¥211 in FY 2021)Full year 2022 results: EPS: JP¥266 (up from JP¥211 in FY 2021). Revenue: JP¥45.6b (up 1.0% from FY 2021). Net income: JP¥2.66b (up 26% from FY 2021). Profit margin: 5.8% (up from 4.7% in FY 2021). 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 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 09Tomoe Engineering Co., Ltd. to Report Q1, 2023 Results on Mar 14, 2023Tomoe Engineering Co., Ltd. announced that they will report Q1, 2023 results on Mar 14, 2023
Reported Earnings • Dec 16Full year 2022 earnings released: EPS: JP¥266 (vs JP¥211 in FY 2021)Full year 2022 results: EPS: JP¥266 (up from JP¥211 in FY 2021). Revenue: JP¥45.6b (up 1.0% from FY 2021). Net income: JP¥2.66b (up 26% from FY 2021). Profit margin: 5.8% (up from 4.7% in FY 2021). 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.
お知らせ • Dec 16Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 27, 2023Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 27, 2023.
Upcoming Dividend • Oct 21Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 28 October 2022. Payment date: 31 January 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.7%).
お知らせ • Oct 06Tomoe Engineering Co., Ltd. to Report Fiscal Year 2022 Results on Dec 14, 2022Tomoe Engineering Co., Ltd. announced that they will report fiscal year 2022 results on Dec 14, 2022
Reported Earnings • Sep 14Third quarter 2022 earnings released: EPS: JP¥31.87 (vs JP¥21.25 in 3Q 2021)Third quarter 2022 results: EPS: JP¥31.87 (up from JP¥21.25 in 3Q 2021). Revenue: JP¥10.8b (up 3.9% from 3Q 2021). Net income: JP¥318.0m (up 50% from 3Q 2021). Profit margin: 3.0% (up from 2.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Jul 02Tomoe Engineering Co., Ltd. to Report Q3, 2022 Results on Sep 12, 2022Tomoe Engineering Co., Ltd. announced that they will report Q3, 2022 results on Sep 12, 2022
Reported Earnings • Jun 13Second quarter 2022 earnings released: EPS: JP¥90.80 (vs JP¥96.31 in 2Q 2021)Second quarter 2022 results: EPS: JP¥90.80 (down from JP¥96.31 in 2Q 2021). Revenue: JP¥12.0b (down 3.5% from 2Q 2021). Net income: JP¥906.0m (down 5.7% from 2Q 2021). Profit margin: 7.5% (down from 7.7% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 April 2022. Payment date: 12 July 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.5%).
お知らせ • Apr 08Tomoe Engineering Co., Ltd. to Report Q2, 2022 Results on Jun 10, 2022Tomoe Engineering Co., Ltd. announced that they will report Q2, 2022 results on Jun 10, 2022
Reported Earnings • Mar 15First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: EPS: JP¥69.05 (up from JP¥49.81 in 1Q 2021). Revenue: JP¥9.96b (down 6.1% from 1Q 2021). Net income: JP¥689.0m (up 39% from 1Q 2021). Profit margin: 6.9% (up from 4.7% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥211 (up from JP¥154 in FY 2020). Revenue: JP¥45.1b (up 15% from FY 2020). Net income: JP¥2.11b (up 38% from FY 2020). Profit margin: 4.7% (up from 3.9% in FY 2020). The increase in margin 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 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Dec 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥211 (up from JP¥154 in FY 2020). Revenue: JP¥45.1b (up 15% from FY 2020). Net income: JP¥2.11b (up 38% from FY 2020). Profit margin: 4.7% (up from 3.9% in FY 2020). The increase in margin 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 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 October 2021. Payment date: 29 January 2022. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (3.1%).
Reported Earnings • Sep 15Third quarter 2021 earnings released: EPS JP¥21.25 (vs JP¥16.64 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥10.4b (up 22% from 3Q 2020). Net income: JP¥212.0m (up 28% from 3Q 2020). Profit margin: 2.0% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.
Reported Earnings • Jun 11Second quarter 2021 earnings released: EPS JP¥96.31 (vs JP¥55.52 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥12.4b (up 20% from 2Q 2020). Net income: JP¥961.0m (up 74% from 2Q 2020). Profit margin: 7.7% (up from 5.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • Apr 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 April 2021. Payment date: 13 July 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.8%). Lower than average of industry peers (3.1%).
Reported Earnings • Mar 12First quarter 2021 earnings released: EPS JP¥49.81 (vs JP¥35.58 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥10.6b (up 11% from 1Q 2020). Net income: JP¥497.0m (up 40% from 1Q 2020). Profit margin: 4.7% (up from 3.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 15New 90-day high: JP¥2,095The company is up 6.0% from its price of JP¥1,974 on 17 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 14% over the same period.
Reported Earnings • Feb 02Full year 2020 earnings released: EPS JP¥154 (vs JP¥157 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: JP¥39.2b (down 5.2% from FY 2019). Net income: JP¥1.53b (down 2.4% from FY 2019). Profit margin: 3.9% (up from 3.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 28New 90-day high: JP¥2,068The company is up 7.0% from its price of JP¥1,941 on 30 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 17% over the same period.
お知らせ • Jan 09Tomoe Engineering Co., Ltd. to Report Q1, 2021 Results on Mar 11, 2021Tomoe Engineering Co., Ltd. announced that they will report Q1, 2021 results on Mar 11, 2021
お知らせ • Dec 19Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 28, 2021Tomoe Engineering Co., Ltd., Annual General Meeting, Jan 28, 2021.
Reported Earnings • Dec 16Full year 2020 earnings released: EPS JP¥154The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: JP¥39.2b (down 5.2% from FY 2019). Net income: JP¥1.53b (down 2.4% from FY 2019). Profit margin: 3.9% (up from 3.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.
お知らせ • Oct 17Tomoe Engineering Co., Ltd. to Report Fiscal Year 2020 Results on Dec 14, 2020Tomoe Engineering Co., Ltd. announced that they will report fiscal year 2020 results on Dec 14, 2020
お知らせ • Jul 19Tomoe Engineering Co., Ltd. to Report Q3, 2020 Results on Sep 11, 2020Tomoe Engineering Co., Ltd. announced that they will report Q3, 2020 results on Sep 11, 2020
