View ValuationGlory 将来の成長Future 基準チェック /26Glory利益と収益がそれぞれ年間12.2%と3.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に7% 11.6%なると予測されています。主要情報12.2%収益成長率11.61%EPS成長率Machinery 収益成長10.1%収益成長率3.9%将来の株主資本利益率7.00%アナリストカバレッジLow最終更新日08 Jun 2026今後の成長に関する最新情報Price Target Changed • Jun 10Price target decreased by 9.4% to JP¥3,615Down from JP¥3,990, the current price target is an average from 2 analysts. New target price is 8.5% below last closing price of JP¥3,951. Stock is up 22% over the past year. The company is forecast to post earnings per share of JP¥320 for next year compared to JP¥285 last year.Price Target Changed • May 27Price target increased by 13% to JP¥3,113Up from JP¥2,765, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥3,000. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of JP¥221 for next year compared to JP¥288 last year.Major Estimate Revision • May 23Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥324.2b to JP¥342.1b. EPS estimate increased from JP¥191 to JP¥215 per share. Net income forecast to shrink 24% next year vs 4.3% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,820. Share price was steady at JP¥2,945 over the past week.お知らせ • May 16Glory Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2025 and for the Full Year Ending March 31, 2026Glory Ltd. provided consolidated earnings guidance for the six months ending September 30, 2025 and for the full year ending March 31, 2026. For the six months, the company expects sales revenue to be JPY 156,000 million, Operating income of JPY 5,800 million, and net income attributable to owners of the parent of JPY 1,600 million and net income per share of JPY 28.68. For the year, the company expects sales revenue to be JPY 340,000 million, Operating income of JPY 21,500 million, and net income attributable to owners of the parent of JPY 10,000 million and net income per share of JPY 179.24.Major Estimate Revision • Feb 20Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥262 to JP¥289. Revenue forecast steady at JP¥363.1b. Net income forecast to shrink 33% next year vs 9.8% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,765. Share price fell 2.6% to JP¥2,603 over the past week.Major Estimate Revision • Nov 21Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥356.2b to JP¥361.1b. EPS estimate increased from JP¥262 to JP¥291 per share. Net income forecast to shrink 50% next year vs 12% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,793. Share price fell 2.1% to JP¥2,586 over the past week.すべての更新を表示Recent updatesPrice Target Changed • Jun 10Price target decreased by 9.4% to JP¥3,615Down from JP¥3,990, the current price target is an average from 2 analysts. New target price is 8.5% below last closing price of JP¥3,951. Stock is up 22% over the past year. The company is forecast to post earnings per share of JP¥320 for next year compared to JP¥285 last year.Buy Or Sell Opportunity • May 29Now 20% overvaluedOver the last 90 days, the stock has fallen 1.7% to JP¥4,088. The fair value is estimated to be JP¥3,405, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 6.7% per annum over the same time period.Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥285 (vs JP¥288 in FY 2025)Full year 2026 results: EPS: JP¥285 (down from JP¥288 in FY 2025). Revenue: JP¥339.6b (down 8.0% from FY 2025). Net income: JP¥15.4b (down 4.1% from FY 2025). Profit margin: 4.5% (up from 4.4% in FY 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.ライブニュース • May 17Glory Lifts Dividend Target and Signals 2027 Earnings Recovery After 2026 Profit DropGlory reported a 29.2% decline in operating profit and a 37.2% decline in net profit attributable to owners for fiscal 2026. The company raised its annual dividend and lifted its dividend-on-equity target from at least 3% to 4%, indicating a stronger emphasis on shareholder returns. Management cited expanding overseas retail-focused operations as a key earnings driver and projected 6.0% revenue growth and a 30% profit increase for fiscal 2027. The combination of weaker 2026 profitability, a higher dividend target, and projections for earnings recovery in 2027 suggests management confidence in the underlying business, particularly in overseas retail operations. Investors may want to weigh that confidence and the increased focus on capital efficiency against the recent profit declines and the execution risk around the 2027 targets.お知らせ • May 15+ 1 more updateGlory Ltd., Annual General Meeting, Jun 26, 2026Glory Ltd., Annual General Meeting, Jun 26, 2026.お知らせ • Apr 04Glory Ltd. to Report Fiscal Year 2026 Results on May 15, 2026Glory Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 15, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥56.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥19.10 (vs JP¥93.08 in 3Q 2025)Third quarter 2026 results: EPS: JP¥19.10 (down from JP¥93.08 in 3Q 2025). Revenue: JP¥88.5b (down 6.8% from 3Q 2025). Net income: JP¥1.02b (down 80% from 3Q 2025). Profit margin: 1.2% (down from 5.5% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jan 26Now 21% undervaluedOver the last 90 days, the stock has risen 8.4% to JP¥4,001. The fair value is estimated to be JP¥5,066, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.分析記事 • Jan 14A Look At The Fair Value Of Glory Ltd. (TSE:6457)Key Insights Using the 2 Stage Free Cash Flow to Equity, Glory fair value estimate is JP¥5,069 Current share price of...分析記事 • Dec 26Glory (TSE:6457) Has Announced A Dividend Of ¥56.00The board of Glory Ltd. ( TSE:6457 ) has announced that it will pay a dividend of ¥56.00 per share on the 23rd of June...お知らせ • Dec 26Glory Ltd. to Report Q3, 2026 Results on Feb 06, 2026Glory Ltd. announced that they will report Q3, 2026 results at 3:00 PM, Tokyo Standard Time on Feb 06, 2026Buy Or Sell Opportunity • Dec 10Now 20% undervaluedOver the last 90 days, the stock has risen 4.2% to JP¥4,031. The fair value is estimated to be JP¥5,061, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.分析記事 • Dec 07Glory (TSE:6457) Is Due To Pay A Dividend Of ¥56.00Glory Ltd.'s ( TSE:6457 ) investors are due to receive a payment of ¥56.00 per share on 23rd of June. This takes the...Declared Dividend • Dec 06First half dividend of JP¥56.00 announcedShareholders will receive a dividend of JP¥56.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 2.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 05Glory Ltd. to Report Fiscal Year 2026 Results on May 13, 2026Glory Ltd. announced that they will report fiscal year 2026 results on May 13, 2026分析記事 • Nov 18Glory's (TSE:6457) Soft Earnings Are Actually Better Than They AppearThe market for Glory Ltd.'s ( TSE:6457 ) shares didn't move much after it posted weak earnings recently. We did some...Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥55.68 (vs JP¥29.34 in 2Q 2025)Second quarter 2026 results: EPS: JP¥55.68 (up from JP¥29.34 in 2Q 2025). Revenue: JP¥81.6b (down 12% from 2Q 2025). Net income: JP¥3.03b (up 85% from 2Q 2025). Profit margin: 3.7% (up from 1.8% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 27Glory Ltd. to Report Q2, 2026 Results on Nov 10, 2025Glory Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025分析記事 • Sep 26Glory (TSE:6457) Is Increasing Its Dividend To ¥56.00The board of Glory Ltd. ( TSE:6457 ) has announced that it will be paying its dividend of ¥56.00 on the 5th of...分析記事 • Sep 12Glory (TSE:6457) Has Announced That It Will Be Increasing Its Dividend To ¥56.00The board of Glory Ltd. ( TSE:6457 ) has announced that it will be paying its dividend of ¥56.00 on the 5th of...分析記事 • Aug 24Glory (TSE:6457) Will Pay A Larger Dividend Than Last Year At ¥56.00Glory Ltd. ( TSE:6457 ) will increase its dividend from last year's comparable payment on the 5th of December to...分析記事 • Aug 10Glory's (TSE:6457) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Glory Ltd. ( TSE:6457 ) has announced that it will be paying its dividend of ¥56.00 on the 5th of...Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥6.17 (vs JP¥103 in 1Q 2025)First quarter 2026 results: EPS: JP¥6.17 (down from JP¥103 in 1Q 2025). Revenue: JP¥72.3b (down 22% from 1Q 2025). Net income: JP¥342.0m (down 94% from 1Q 2025). Profit margin: 0.5% (down from 6.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.分析記事 • Jul 25Glory (TSE:6457) Has Announced That It Will Be Increasing Its Dividend To ¥56.00Glory Ltd. ( TSE:6457 ) has announced that it will be increasing its dividend from last year's comparable payment on...分析記事 • Jul 11Glory (TSE:6457) Is Increasing Its Dividend To ¥56.00The board of Glory Ltd. ( TSE:6457 ) has announced that it will be paying its dividend of ¥56.00 on the 5th of...Declared Dividend • Jul 09Final dividend of JP¥56.00 announcedShareholders will receive a dividend of JP¥56.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 04Glory Ltd. to Report Q1, 2026 Results on Aug 07, 2025Glory Ltd. announced that they will report Q1, 2026 results at 3:00 PM, Tokyo Standard Time on Aug 07, 2025Reported Earnings • Jun 24Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥288 (down from JP¥534 in FY 2024). Revenue: JP¥369.0b (flat on FY 2024). Net income: JP¥16.1b (down 46% from FY 2024). Profit margin: 4.4% (down from 8.0% in FY 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Price Target Changed • May 27Price target increased by 13% to JP¥3,113Up from JP¥2,765, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥3,000. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of JP¥221 for next year compared to JP¥288 last year.Major Estimate Revision • May 23Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥324.2b to JP¥342.1b. EPS estimate increased from JP¥191 to JP¥215 per share. Net income forecast to shrink 24% next year vs 4.3% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,820. Share price was steady at JP¥2,945 over the past week.お知らせ • May 16Glory Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2025 and for the Full Year Ending March 31, 2026Glory Ltd. provided consolidated earnings guidance for the six months ending September 30, 2025 and for the full year ending March 31, 2026. For the six months, the company expects sales revenue to be JPY 156,000 million, Operating income of JPY 5,800 million, and net income attributable to owners of the parent of JPY 1,600 million and net income per share of JPY 28.68. For the year, the company expects sales revenue to be JPY 340,000 million, Operating income of JPY 21,500 million, and net income attributable to owners of the parent of JPY 10,000 million and net income per share of JPY 179.24.お知らせ • May 14Glory Ltd. (TSE:6457) announces an Equity Buyback for 6,000,000 shares, representing 10.38% for ¥15,000 million.Glory Ltd. (TSE:6457) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 10.38% of its share capital, for ¥15,000 million. The company will repurchase its shares as part of its shareholder returns policy in order to improve capital efficiency and implement a flexible capital policy. The repurchased shares will be cancelled. The share repurchase program will run until May 13, 2026. As of April 30, 2025, the company had 57,796,560 shares outstanding (excluding treasury shares) and 1,141,650 shares in treasury.Reported Earnings • May 14Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥288 (down from JP¥534 in FY 2024). Revenue: JP¥369.0b (flat on FY 2024). Net income: JP¥16.1b (down 46% from FY 2024). Profit margin: 4.4% (down from 8.0% in FY 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.New Risk • May 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 8.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (4.4% net profit margin).分析記事 • May 13Earnings Working Against Glory Ltd.'s (TSE:6457) Share PriceGlory Ltd.'s ( TSE:6457 ) price-to-earnings (or "P/E") ratio of 7.2x might make it look like a buy right now compared...お知らせ • May 13+ 3 more updatesGlory Ltd., Annual General Meeting, Jun 20, 2025Glory Ltd., Annual General Meeting, Jun 20, 2025.お知らせ • May 09Eisai Co., Ltd. (TSE:4523) completed the acquisition of EcoNaviSta, Inc. (TSE:5585) from a group of shareholders.Eisai Co., Ltd. (TSE:4523) proposed to acquire EcoNaviSta, Inc. (TSE:5585) from a group of shareholders for ¥17 billion on March 14, 2025. As part of transaction ¥2190 per share is paid towards the common equity of EcoNaviSta, Inc. whereas ¥21,150 yen per Second Series Share Acquisition Right, ¥18,400 yen per Third Series Share Acquisition Right, ¥18,230 yen per Fourth Series Share Acquisition Right and ¥12,460 yen per Fifth Series Share Acquisition Right is paid. The transaction is subject to minimum tender. Nomura Securities Co., Ltd. acted as financial and TMI Associates acted as legal advisor to Eisai Co., Ltd. whereas Trustees Advisory K.K. acted as financial and City-Yuwa Partners acted as legal advisor to EcoNaviSta, Inc. Eisai Co., Ltd. (TSE:4523) completed the acquisition of EcoNaviSta, Inc. (TSE:5585) from a group of shareholders on May 7, 2025.分析記事 • Apr 15Glory Ltd.'s (TSE:6457) Intrinsic Value Is Potentially 85% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Glory fair value estimate is JP¥4,434 Glory's JP¥2,391 share...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,178, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 21% over the past three years.お知らせ • Apr 03Glory Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Glory Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on May 13, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥54.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).Major Estimate Revision • Feb 20Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥262 to JP¥289. Revenue forecast steady at JP¥363.1b. Net income forecast to shrink 33% next year vs 9.8% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,765. Share price fell 2.6% to JP¥2,603 over the past week.Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: JP¥93.08 (vs JP¥227 in 3Q 2024)Third quarter 2025 results: EPS: JP¥93.08 (down from JP¥227 in 3Q 2024). Revenue: JP¥94.9b (down 6.8% from 3Q 2024). Net income: JP¥5.20b (down 59% from 3Q 2024). Profit margin: 5.5% (down from 12% in 3Q 2024). Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 06Glory Ltd. to Report Q3, 2025 Results on Feb 06, 2025Glory Ltd. announced that they will report Q3, 2025 results at 3:00 PM, Tokyo Standard Time on Feb 06, 2025Declared Dividend • Dec 06First half dividend of JP¥54.00 announcedShareholders will receive a dividend of JP¥54.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 37% over the next 3 years. However, it would need to fall by 74% to increase the payout ratio to a potentially unsustainable range.Major Estimate Revision • Nov 21Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥356.2b to JP¥361.1b. EPS estimate increased from JP¥262 to JP¥291 per share. Net income forecast to shrink 50% next year vs 12% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,793. Share price fell 2.1% to JP¥2,586 over the past week.Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥29.34 (vs JP¥113 in 2Q 2024)Second quarter 2025 results: EPS: JP¥29.34 (down from JP¥113 in 2Q 2024). Revenue: JP¥92.3b (up 4.7% from 2Q 2024). Net income: JP¥1.64b (down 74% from 2Q 2024). Profit margin: 1.8% (down from 7.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 05Price target decreased by 11% to JP¥2,830Down from JP¥3,173, the current price target is an average from 3 analysts. New target price is 15% above last closing price of JP¥2,463. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥236 for next year compared to JP¥534 last year.お知らせ • Oct 08Glory Ltd. to Report Q2, 2025 Results on Nov 07, 2024Glory Ltd. announced that they will report Q2, 2025 results at 3:00 PM, Tokyo Standard Time on Nov 07, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥54.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 18% 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%).Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: JP¥103 (vs JP¥36.06 in 1Q 2024)First quarter 2025 results: EPS: JP¥103 (up from JP¥36.06 in 1Q 2024). Revenue: JP¥92.8b (up 33% from 1Q 2024). Net income: JP¥5.74b (up 186% from 1Q 2024). Profit margin: 6.2% (up from 2.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.9%. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,266, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 2.5% over the past three years.分析記事 • Jul 24Glory Ltd.'s (TSE:6457) Shareholders Might Be Looking For ExitThere wouldn't be many who think Glory Ltd.'s ( TSE:6457 ) price-to-sales (or "P/S") ratio of 0.4x is worth a mention...Declared Dividend • Jul 11Final dividend of JP¥54.00 announcedShareholders will receive a dividend of JP¥54.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 40% over the next 3 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jul 02Glory Ltd. to Report Q1, 2025 Results on Aug 06, 2024Glory Ltd. announced that they will report Q1, 2025 results at 3:00 PM, Tokyo Standard Time on Aug 06, 2024Reported Earnings • Jun 28Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥534 (up from JP¥167 loss in FY 2023). Revenue: JP¥372.5b (up 46% from FY 2023). Net income: JP¥29.7b (up JP¥39.2b from FY 2023). Profit margin: 8.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to stay flat during the next 3 years compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • May 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to JP¥2,641. The fair value is estimated to be JP¥3,335, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.9% per annum. Earnings are also forecast to decline by 25% per annum over the same time period.Price Target Changed • May 28Price target decreased by 14% to JP¥3,223Down from JP¥3,758, the current price target is an average from 4 analysts. New target price is 17% above last closing price of JP¥2,747. Stock is up 4.6% over the past year. The company is forecast to post earnings per share of JP¥223 for next year compared to JP¥534 last year.Buy Or Sell Opportunity • May 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to JP¥2,740. The fair value is estimated to be JP¥3,433, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 3.0% per annum. Earnings are also forecast to decline by 27% per annum over the same time period.Reported Earnings • May 12Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥534 (up from JP¥167 loss in FY 2023). Revenue: JP¥372.5b (up 46% from FY 2023). Net income: JP¥29.7b (up JP¥39.2b from FY 2023). Profit margin: 8.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • May 12Glory Ltd., Annual General Meeting, Jun 21, 2024Glory Ltd., Annual General Meeting, Jun 21, 2024.Buy Or Sell Opportunity • Apr 16Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.1% to JP¥2,775. The fair value is estimated to be JP¥3,474, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.1% per annum. Earnings are also forecast to decline by 15% per annum over the same time period.分析記事 • Apr 02Revenues Not Telling The Story For Glory Ltd. (TSE:6457)It's not a stretch to say that Glory Ltd.'s ( TSE:6457 ) price-to-sales (or "P/S") ratio of 0.5x right now seems quite...お知らせ • Apr 02Glory Appoints Joseph Gnorski as President of AmericasGlory, announced the appointment of Joseph Gnorski as President of Glory Americas. In his new role, Gnorski will oversee the Americas region strategy and operations, building upon his successful tenure as the company’s Executive Vice President of Retail Markets, Americas. Gnorski brings a wealth of expertise and a proven track record of leadership to his role as President. In his over 17 years of experience at Glory, he has been pivotal in driving significant revenue growth, improving operations and expanding the company’s footprint in key markets. Gnorski’s background in leveraging technological advances and fostering innovative thinking, along with his foundation working with customers, positions the Americas for continued growth. Today, Glory works with customers in financial services and all sectors of retail, serving customers like JPMorgan Chase, McDonald’s, Walmart, and OXXO. Gnorski’s appointment comes at a pivotal moment for Glory Americas, following a period of significant growth and transformation, including several recent acquisitions of retail technology solutions like Revolution Retail Systems and Flooid, a leading unified commerce platform.お知らせ • Mar 28Glory Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Glory Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).Major Estimate Revision • Mar 16Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥360.3b to JP¥364.2b. EPS estimate increased from JP¥492 to JP¥541 per share. Net income forecast to grow 11% next year vs 4.8% growth forecast for Machinery industry in Japan. Consensus price target of JP¥4,207 unchanged from last update. Share price was steady at JP¥2,805 over the past week.New Risk • Feb 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥227 (vs JP¥26.94 in 3Q 2023)Third quarter 2024 results: EPS: JP¥227 (up from JP¥26.94 in 3Q 2023). Revenue: JP¥101.9b (up 54% from 3Q 2023). Net income: JP¥12.6b (up JP¥11.1b from 3Q 2023). Profit margin: 12% (up from 2.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Jan 05Glory Ltd. to Report Q3, 2024 Results on Feb 06, 2024Glory Ltd. announced that they will report Q3, 2024 results at 3:00 PM, Tokyo Standard Time on Feb 06, 2024Buying Opportunity • Dec 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.7%. The fair value is estimated to be JP¥3,511, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.3% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period.Price Target Changed • Dec 15Price target increased by 12% to JP¥4,207Up from JP¥3,758, the current price target is an average from 3 analysts. New target price is 47% above last closing price of JP¥2,857. Stock is up 31% over the past year. The company is forecast to post earnings per share of JP¥475 next year compared to a net loss per share of JP¥167 last year.お知らせ • Dec 14Glory Ltd. (TSE:6457) acquired an additional unknown minority stake in Unified Financial Limited.Glory Ltd. (TSE:6457) acquired an additional unknown minority stake in Unified Financial Limited on December 14, 2023. Post to the transaction, Glory owned 91.99% stake in Unified Financial. The majority acquisition of OneBanx's shares was completed with additional investment in July 2023.Glory Ltd. (TSE:6457) completed the acquisition of an additional unknown minority stake in Unified Financial Limited on December 14, 2023.お知らせ • Nov 29Glory Launches Glr-200 Teller Cash Recyclers in North AmericaGlory announced the latest solution in its new GLR series of Teller Cash Recyclers (TCRs), the GLR-200. Building upon the successful launch of GLR-100 in August last year, this TCR features speed, efficiency and cash automation for financial institutions, and is capable of handling both paper and polymer currency in the US and Canada. With multiple storage configurations, GLR-200 supports customer dispense and deposit transactions of any value or denomination, as well as foreign exchange. A choice of storage configurations and options means GLR-200 can meet any cash handling requirement unique to the financial institution, while complying with cash handling regulations for unfit and counterfeit notes. As new branch concepts evolve, both GLR-100 and GLR-200 are designed to fit into locations where space is at a premium. By automating cash handling at the teller position, tellers can fully focus on customers and help with self-operated cash transactions. At financial institutions with TCRs installed, the operation achieves positive outcomes: optimizing staff activities, ensuring accuracy, increasing speed of cash management and realizing efficiency gains. The new GLR series connects seamlessly to Glory's secure cloud-based UBIQULAR™? solution, which delivers enhanced business intelligence, remote monitoring, and device management across the enterprise branch network. The combined capabilities of Glory TCRs and UBIQULAR provide a comprehensive cash management solution achieving peak operational efficiency across the enterprise.Buying Opportunity • Nov 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 8.8%. The fair value is estimated to be JP¥3,602, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.お知らせ • Nov 07Glory Ltd. Announces Interim Dividend for the Fiscal Year Ending March 31, 2024; Provides Dividend Guidance for the Year-End of Fiscal Year Ending March 31, 2024Glory Ltd. announced interim dividend of JPY 40.00 per share compared to JPY 34.00 per share paid a year ago. Effective date is December 5, 2023. record date is September 30, 2023.For the fiscal year ending March 31, 2024, the company now expects to pay year-end dividend of JPY 40.00 per share compared to JPY 36.00 per share paid a year ago.お知らせ • Oct 06Glory Ltd. Announces the North America Launch of Their Market-Leading CASHINFINITY Recycling SolutionGlory Ltd. announces the North America launch of their market-leading CASHINFINITY™ recycling solution. The CI-500X brings unmatched speed, efficiency, and capacity to cash automation processes. Developed specifically for cash-intensive retailers like big box retailers, casinos and cannabis dispensaries, the CI-500X brings together Glory’s proven manufacturing quality and retail expertise to reduce the ever-increasing cost of handling cash. This solution automates and accelerates start and end of day cash processes as well as preparation for CIT cash collections. As part of the CASHINFINITY cash solutions platform, Glory provides closed loop cash automation, greatly reducing the risk of errors and cash shrinkage by removing the need for staff to handle cash. The speed and volume of this cash recycler introduces a new level of efficiency gains for retail businesses. Harrah’s Cherokee Casinos in Cherokee and Murphy, North Carolina is no stranger to the challenges of managing volumes of cash and are the first casinos to pilot and install the CI-500X. As a result, they’ve been able to reduce the number of employees that handle, manage and count cash, and to stay focused on the customer experience. Cash recycling has reduced the list of manual exceptions, the amount of paperwork, balancing and counting errors.Buying Opportunity • Sep 29Now 21% undervaluedOver the last 90 days, the stock is up 3.4%. The fair value is estimated to be JP¥3,755, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Sep 21Upcoming dividend of JP¥36.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.1%).お知らせ • Aug 27Glory Ltd. to Report Q2, 2024 Results on Nov 07, 2023Glory Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥36.06 (vs JP¥31.98 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥36.06 (up from JP¥31.98 loss in 1Q 2023). Revenue: JP¥69.7b (up 32% from 1Q 2023). Net income: JP¥2.01b (up JP¥3.90b from 1Q 2023). Profit margin: 2.9% (up from net loss in 1Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.お知らせ • Jul 06Glory Ltd. to Report Q1, 2024 Results on Aug 04, 2023Glory Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023お知らせ • Jun 10AI,Inc. (TSE:4388) completed the acquisition of approximately 40.53% stake in FueTrek Co., Ltd. (TSE : 2468) from Glory Ltd. (TSE:6457).AI,Inc. (TSE:4388) agreed to acquire approximately 40.53% stake in FueTrek Co., Ltd. (TSE:2468) from Glory Ltd. (TSE:6457) for approximately ¥860 million on May 11, 2023. The offer price per share is ¥226. AI,Inc. has set the maximum and minimum number of shares to be tendered at 3,793,200. The Tender Offer Period will start on May 12, 2023 and ends on June 8, 2023. FueTrek board has expressed its opinion in favor of tender offer. Ey Strategy Consulting acted as a financial advisor to Glory Ltd. SBI Securities Co., Ltd. acted as a financial advisor, Mori Hamada & Matsumoto LPC acted as a legal advisor to AI,Inc. Tokai Tokyo Securities Co., Ltd. acted as a financial advisor and Hibiya-Nakata acted as a legal advisor to FueTrek Co., Ltd. AI,Inc. (TSE:4388) completed the acquisition of approximately 40.53% stake in FueTrek Co., Ltd. (TSE : 2468) from Glory Ltd. (TSE:6457) on June 8, 2023.Price Target Changed • Jun 07Price target increased by 12% to JP¥3,466Up from JP¥3,108, the current price target is an average from 5 analysts. New target price is 25% above last closing price of JP¥2,782. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥350 next year compared to a net loss per share of JP¥167 last year.Reported Earnings • May 13Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: JP¥167 loss per share (down from JP¥108 profit in FY 2022). Revenue: JP¥255.9b (up 13% from FY 2022). Net loss: JP¥9.54b (down 247% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 137%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.お知らせ • May 12+ 2 more updatesGlory Ltd. Provides Dividend Guidance for the Second Quarter End and Full Year of Fiscal Year Ending March 31, 2024Glory Ltd. provided Dividend guidance for the second quarter end and full year of fiscal year Ending March 31, 2024. For the period, the company expects to pay a dividend of JPY 36.00 per share. For the year, the company expects to pay a dividend of JPY 36.00 per share.お知らせ • May 11Glory Ltd., Annual General Meeting, Jun 23, 2023Glory Ltd., Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥34.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.4%).Price Target Changed • Mar 21Price target increased by 12% to JP¥3,108Up from JP¥2,775, the current price target is an average from 5 analysts. New target price is 11% above last closing price of JP¥2,789. Stock is up 33% over the past year. The company is forecast to post a net loss per share of JP¥55.08 compared to earnings per share of JP¥108 last year.Price Target Changed • Feb 22Price target increased by 8.8% to JP¥2,775Up from JP¥2,550, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥2,743. Stock is up 34% over the past year. The company is forecast to post a net loss per share of JP¥74.77 compared to earnings per share of JP¥108 last year.Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥26.94 (vs JP¥70.20 in 3Q 2022)Third quarter 2023 results: EPS: JP¥26.94 (down from JP¥70.20 in 3Q 2022). Revenue: JP¥66.4b (up 20% from 3Q 2022). Net income: JP¥1.51b (down 65% from 3Q 2022). Profit margin: 2.3% (down from 7.6% in 3Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Feb 07Glory Ltd. Provides Dividend Guidance for the Year Ending March 31, 2023Glory Ltd. provided dividend guidance for the year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 34.00 per share.業績と収益の成長予測TSE:6457 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029376,75022,30023,90437,15423/31/2028374,13319,83319,98933,15533/31/2027349,60017,55024,07037,57023/31/2026339,58215,38834,43242,780N/A12/31/2025331,3637,229N/AN/AN/A9/30/2025337,81012,04542,66550,286N/A6/30/2025348,57310,374N/AN/AN/A3/31/2025369,01716,05338,12245,752N/A12/31/2024392,80521,345N/AN/AN/A9/30/2024399,73728,74743,49851,196N/A6/30/2024395,57333,412N/AN/AN/A3/31/2024372,47829,67433,60241,854N/A12/31/2023337,06016,055N/AN/AN/A9/30/2023301,5544,963-9,641-1,706N/A6/30/2023272,557-5,636N/AN/AN/A3/31/2023255,857-9,540-23,419-16,486N/A12/31/2022246,356-4,868N/AN/AN/A9/30/2022235,550-2,129-22,578-14,565N/A6/30/2022231,3273,979N/AN/AN/A3/31/2022226,5626,5092,08210,315N/A12/31/2021230,1669,401N/AN/AN/A9/30/2021231,9528,79528,91136,830N/A6/30/2021227,5618,111N/AN/AN/A3/31/2021217,4235,70519,97928,443N/A12/31/2020209,3514,241N/AN/AN/A9/30/2020204,2902,9806,33314,763N/A6/30/2020213,1715,166N/AN/AN/A3/31/2020224,1708,48616,43524,555N/A12/31/2019229,74313,004N/AN/AN/A9/30/2019234,68013,293N/A30,133N/A6/30/2019236,60613,117N/AN/AN/A3/31/2019235,76212,256N/A24,300N/A12/31/2018232,20610,740N/AN/AN/A9/30/2018232,56111,673N/A16,513N/A6/30/2018228,38010,241N/AN/AN/A3/31/2018227,3619,892N/A14,585N/A12/31/2017224,9869,316N/AN/AN/A9/30/2017224,62510,287N/A20,528N/A6/30/2017223,70411,577N/AN/AN/A3/31/2017222,58110,382N/A30,087N/A12/31/2016227,46810,625N/AN/AN/A9/30/2016225,1497,949N/A34,340N/A6/30/2016228,2656,855N/AN/AN/A3/31/2016226,9528,829N/A28,142N/A12/31/2015233,13311,275N/AN/AN/A9/30/2015233,34412,061N/A28,996N/A6/30/2015231,01313,444N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6457の予測収益成長率 (年間12.2% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 6457の収益 ( 12.2% ) はJP市場 ( 9.3% ) よりも速いペースで成長すると予測されています。高成長収益: 6457の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 6457の収益 ( 3.9% ) JP市場 ( 6% ) よりも低い成長が予測されています。高い収益成長: 6457の収益 ( 3.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6457の 自己資本利益率 は、3年後には低くなると予測されています ( 7 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/11 17:07終値2026/06/11 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Glory Ltd. 3 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。11 アナリスト機関Chika FukumotoCitigroup IncYusuke MiuraDaiwa Securities Co. Ltd.Kunio SakaidaGoldman Sachs8 その他のアナリストを表示
Price Target Changed • Jun 10Price target decreased by 9.4% to JP¥3,615Down from JP¥3,990, the current price target is an average from 2 analysts. New target price is 8.5% below last closing price of JP¥3,951. Stock is up 22% over the past year. The company is forecast to post earnings per share of JP¥320 for next year compared to JP¥285 last year.
Price Target Changed • May 27Price target increased by 13% to JP¥3,113Up from JP¥2,765, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥3,000. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of JP¥221 for next year compared to JP¥288 last year.
Major Estimate Revision • May 23Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥324.2b to JP¥342.1b. EPS estimate increased from JP¥191 to JP¥215 per share. Net income forecast to shrink 24% next year vs 4.3% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,820. Share price was steady at JP¥2,945 over the past week.
お知らせ • May 16Glory Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2025 and for the Full Year Ending March 31, 2026Glory Ltd. provided consolidated earnings guidance for the six months ending September 30, 2025 and for the full year ending March 31, 2026. For the six months, the company expects sales revenue to be JPY 156,000 million, Operating income of JPY 5,800 million, and net income attributable to owners of the parent of JPY 1,600 million and net income per share of JPY 28.68. For the year, the company expects sales revenue to be JPY 340,000 million, Operating income of JPY 21,500 million, and net income attributable to owners of the parent of JPY 10,000 million and net income per share of JPY 179.24.
Major Estimate Revision • Feb 20Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥262 to JP¥289. Revenue forecast steady at JP¥363.1b. Net income forecast to shrink 33% next year vs 9.8% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,765. Share price fell 2.6% to JP¥2,603 over the past week.
Major Estimate Revision • Nov 21Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥356.2b to JP¥361.1b. EPS estimate increased from JP¥262 to JP¥291 per share. Net income forecast to shrink 50% next year vs 12% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,793. Share price fell 2.1% to JP¥2,586 over the past week.
Price Target Changed • Jun 10Price target decreased by 9.4% to JP¥3,615Down from JP¥3,990, the current price target is an average from 2 analysts. New target price is 8.5% below last closing price of JP¥3,951. Stock is up 22% over the past year. The company is forecast to post earnings per share of JP¥320 for next year compared to JP¥285 last year.
Buy Or Sell Opportunity • May 29Now 20% overvaluedOver the last 90 days, the stock has fallen 1.7% to JP¥4,088. The fair value is estimated to be JP¥3,405, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 6.7% per annum over the same time period.
Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥285 (vs JP¥288 in FY 2025)Full year 2026 results: EPS: JP¥285 (down from JP¥288 in FY 2025). Revenue: JP¥339.6b (down 8.0% from FY 2025). Net income: JP¥15.4b (down 4.1% from FY 2025). Profit margin: 4.5% (up from 4.4% in FY 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
ライブニュース • May 17Glory Lifts Dividend Target and Signals 2027 Earnings Recovery After 2026 Profit DropGlory reported a 29.2% decline in operating profit and a 37.2% decline in net profit attributable to owners for fiscal 2026. The company raised its annual dividend and lifted its dividend-on-equity target from at least 3% to 4%, indicating a stronger emphasis on shareholder returns. Management cited expanding overseas retail-focused operations as a key earnings driver and projected 6.0% revenue growth and a 30% profit increase for fiscal 2027. The combination of weaker 2026 profitability, a higher dividend target, and projections for earnings recovery in 2027 suggests management confidence in the underlying business, particularly in overseas retail operations. Investors may want to weigh that confidence and the increased focus on capital efficiency against the recent profit declines and the execution risk around the 2027 targets.
お知らせ • May 15+ 1 more updateGlory Ltd., Annual General Meeting, Jun 26, 2026Glory Ltd., Annual General Meeting, Jun 26, 2026.
お知らせ • Apr 04Glory Ltd. to Report Fiscal Year 2026 Results on May 15, 2026Glory Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 15, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥56.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥19.10 (vs JP¥93.08 in 3Q 2025)Third quarter 2026 results: EPS: JP¥19.10 (down from JP¥93.08 in 3Q 2025). Revenue: JP¥88.5b (down 6.8% from 3Q 2025). Net income: JP¥1.02b (down 80% from 3Q 2025). Profit margin: 1.2% (down from 5.5% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jan 26Now 21% undervaluedOver the last 90 days, the stock has risen 8.4% to JP¥4,001. The fair value is estimated to be JP¥5,066, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
分析記事 • Jan 14A Look At The Fair Value Of Glory Ltd. (TSE:6457)Key Insights Using the 2 Stage Free Cash Flow to Equity, Glory fair value estimate is JP¥5,069 Current share price of...
分析記事 • Dec 26Glory (TSE:6457) Has Announced A Dividend Of ¥56.00The board of Glory Ltd. ( TSE:6457 ) has announced that it will pay a dividend of ¥56.00 per share on the 23rd of June...
お知らせ • Dec 26Glory Ltd. to Report Q3, 2026 Results on Feb 06, 2026Glory Ltd. announced that they will report Q3, 2026 results at 3:00 PM, Tokyo Standard Time on Feb 06, 2026
Buy Or Sell Opportunity • Dec 10Now 20% undervaluedOver the last 90 days, the stock has risen 4.2% to JP¥4,031. The fair value is estimated to be JP¥5,061, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
分析記事 • Dec 07Glory (TSE:6457) Is Due To Pay A Dividend Of ¥56.00Glory Ltd.'s ( TSE:6457 ) investors are due to receive a payment of ¥56.00 per share on 23rd of June. This takes the...
Declared Dividend • Dec 06First half dividend of JP¥56.00 announcedShareholders will receive a dividend of JP¥56.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 2.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 05Glory Ltd. to Report Fiscal Year 2026 Results on May 13, 2026Glory Ltd. announced that they will report fiscal year 2026 results on May 13, 2026
分析記事 • Nov 18Glory's (TSE:6457) Soft Earnings Are Actually Better Than They AppearThe market for Glory Ltd.'s ( TSE:6457 ) shares didn't move much after it posted weak earnings recently. We did some...
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥55.68 (vs JP¥29.34 in 2Q 2025)Second quarter 2026 results: EPS: JP¥55.68 (up from JP¥29.34 in 2Q 2025). Revenue: JP¥81.6b (down 12% from 2Q 2025). Net income: JP¥3.03b (up 85% from 2Q 2025). Profit margin: 3.7% (up from 1.8% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 27Glory Ltd. to Report Q2, 2026 Results on Nov 10, 2025Glory Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025
分析記事 • Sep 26Glory (TSE:6457) Is Increasing Its Dividend To ¥56.00The board of Glory Ltd. ( TSE:6457 ) has announced that it will be paying its dividend of ¥56.00 on the 5th of...
分析記事 • Sep 12Glory (TSE:6457) Has Announced That It Will Be Increasing Its Dividend To ¥56.00The board of Glory Ltd. ( TSE:6457 ) has announced that it will be paying its dividend of ¥56.00 on the 5th of...
分析記事 • Aug 24Glory (TSE:6457) Will Pay A Larger Dividend Than Last Year At ¥56.00Glory Ltd. ( TSE:6457 ) will increase its dividend from last year's comparable payment on the 5th of December to...
分析記事 • Aug 10Glory's (TSE:6457) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Glory Ltd. ( TSE:6457 ) has announced that it will be paying its dividend of ¥56.00 on the 5th of...
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥6.17 (vs JP¥103 in 1Q 2025)First quarter 2026 results: EPS: JP¥6.17 (down from JP¥103 in 1Q 2025). Revenue: JP¥72.3b (down 22% from 1Q 2025). Net income: JP¥342.0m (down 94% from 1Q 2025). Profit margin: 0.5% (down from 6.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
分析記事 • Jul 25Glory (TSE:6457) Has Announced That It Will Be Increasing Its Dividend To ¥56.00Glory Ltd. ( TSE:6457 ) has announced that it will be increasing its dividend from last year's comparable payment on...
分析記事 • Jul 11Glory (TSE:6457) Is Increasing Its Dividend To ¥56.00The board of Glory Ltd. ( TSE:6457 ) has announced that it will be paying its dividend of ¥56.00 on the 5th of...
Declared Dividend • Jul 09Final dividend of JP¥56.00 announcedShareholders will receive a dividend of JP¥56.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 04Glory Ltd. to Report Q1, 2026 Results on Aug 07, 2025Glory Ltd. announced that they will report Q1, 2026 results at 3:00 PM, Tokyo Standard Time on Aug 07, 2025
Reported Earnings • Jun 24Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥288 (down from JP¥534 in FY 2024). Revenue: JP¥369.0b (flat on FY 2024). Net income: JP¥16.1b (down 46% from FY 2024). Profit margin: 4.4% (down from 8.0% in FY 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Price Target Changed • May 27Price target increased by 13% to JP¥3,113Up from JP¥2,765, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥3,000. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of JP¥221 for next year compared to JP¥288 last year.
Major Estimate Revision • May 23Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥324.2b to JP¥342.1b. EPS estimate increased from JP¥191 to JP¥215 per share. Net income forecast to shrink 24% next year vs 4.3% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,820. Share price was steady at JP¥2,945 over the past week.
お知らせ • May 16Glory Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2025 and for the Full Year Ending March 31, 2026Glory Ltd. provided consolidated earnings guidance for the six months ending September 30, 2025 and for the full year ending March 31, 2026. For the six months, the company expects sales revenue to be JPY 156,000 million, Operating income of JPY 5,800 million, and net income attributable to owners of the parent of JPY 1,600 million and net income per share of JPY 28.68. For the year, the company expects sales revenue to be JPY 340,000 million, Operating income of JPY 21,500 million, and net income attributable to owners of the parent of JPY 10,000 million and net income per share of JPY 179.24.
お知らせ • May 14Glory Ltd. (TSE:6457) announces an Equity Buyback for 6,000,000 shares, representing 10.38% for ¥15,000 million.Glory Ltd. (TSE:6457) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 10.38% of its share capital, for ¥15,000 million. The company will repurchase its shares as part of its shareholder returns policy in order to improve capital efficiency and implement a flexible capital policy. The repurchased shares will be cancelled. The share repurchase program will run until May 13, 2026. As of April 30, 2025, the company had 57,796,560 shares outstanding (excluding treasury shares) and 1,141,650 shares in treasury.
Reported Earnings • May 14Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥288 (down from JP¥534 in FY 2024). Revenue: JP¥369.0b (flat on FY 2024). Net income: JP¥16.1b (down 46% from FY 2024). Profit margin: 4.4% (down from 8.0% in FY 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
New Risk • May 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 8.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (4.4% net profit margin).
分析記事 • May 13Earnings Working Against Glory Ltd.'s (TSE:6457) Share PriceGlory Ltd.'s ( TSE:6457 ) price-to-earnings (or "P/E") ratio of 7.2x might make it look like a buy right now compared...
お知らせ • May 13+ 3 more updatesGlory Ltd., Annual General Meeting, Jun 20, 2025Glory Ltd., Annual General Meeting, Jun 20, 2025.
お知らせ • May 09Eisai Co., Ltd. (TSE:4523) completed the acquisition of EcoNaviSta, Inc. (TSE:5585) from a group of shareholders.Eisai Co., Ltd. (TSE:4523) proposed to acquire EcoNaviSta, Inc. (TSE:5585) from a group of shareholders for ¥17 billion on March 14, 2025. As part of transaction ¥2190 per share is paid towards the common equity of EcoNaviSta, Inc. whereas ¥21,150 yen per Second Series Share Acquisition Right, ¥18,400 yen per Third Series Share Acquisition Right, ¥18,230 yen per Fourth Series Share Acquisition Right and ¥12,460 yen per Fifth Series Share Acquisition Right is paid. The transaction is subject to minimum tender. Nomura Securities Co., Ltd. acted as financial and TMI Associates acted as legal advisor to Eisai Co., Ltd. whereas Trustees Advisory K.K. acted as financial and City-Yuwa Partners acted as legal advisor to EcoNaviSta, Inc. Eisai Co., Ltd. (TSE:4523) completed the acquisition of EcoNaviSta, Inc. (TSE:5585) from a group of shareholders on May 7, 2025.
分析記事 • Apr 15Glory Ltd.'s (TSE:6457) Intrinsic Value Is Potentially 85% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Glory fair value estimate is JP¥4,434 Glory's JP¥2,391 share...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,178, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 21% over the past three years.
お知らせ • Apr 03Glory Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Glory Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on May 13, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥54.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).
Major Estimate Revision • Feb 20Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥262 to JP¥289. Revenue forecast steady at JP¥363.1b. Net income forecast to shrink 33% next year vs 9.8% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,765. Share price fell 2.6% to JP¥2,603 over the past week.
Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: JP¥93.08 (vs JP¥227 in 3Q 2024)Third quarter 2025 results: EPS: JP¥93.08 (down from JP¥227 in 3Q 2024). Revenue: JP¥94.9b (down 6.8% from 3Q 2024). Net income: JP¥5.20b (down 59% from 3Q 2024). Profit margin: 5.5% (down from 12% in 3Q 2024). Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 06Glory Ltd. to Report Q3, 2025 Results on Feb 06, 2025Glory Ltd. announced that they will report Q3, 2025 results at 3:00 PM, Tokyo Standard Time on Feb 06, 2025
Declared Dividend • Dec 06First half dividend of JP¥54.00 announcedShareholders will receive a dividend of JP¥54.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 37% over the next 3 years. However, it would need to fall by 74% to increase the payout ratio to a potentially unsustainable range.
Major Estimate Revision • Nov 21Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥356.2b to JP¥361.1b. EPS estimate increased from JP¥262 to JP¥291 per share. Net income forecast to shrink 50% next year vs 12% growth forecast for Machinery industry in Japan . Consensus price target broadly unchanged at JP¥2,793. Share price fell 2.1% to JP¥2,586 over the past week.
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥29.34 (vs JP¥113 in 2Q 2024)Second quarter 2025 results: EPS: JP¥29.34 (down from JP¥113 in 2Q 2024). Revenue: JP¥92.3b (up 4.7% from 2Q 2024). Net income: JP¥1.64b (down 74% from 2Q 2024). Profit margin: 1.8% (down from 7.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 05Price target decreased by 11% to JP¥2,830Down from JP¥3,173, the current price target is an average from 3 analysts. New target price is 15% above last closing price of JP¥2,463. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥236 for next year compared to JP¥534 last year.
お知らせ • Oct 08Glory Ltd. to Report Q2, 2025 Results on Nov 07, 2024Glory Ltd. announced that they will report Q2, 2025 results at 3:00 PM, Tokyo Standard Time on Nov 07, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥54.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 18% 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%).
Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: JP¥103 (vs JP¥36.06 in 1Q 2024)First quarter 2025 results: EPS: JP¥103 (up from JP¥36.06 in 1Q 2024). Revenue: JP¥92.8b (up 33% from 1Q 2024). Net income: JP¥5.74b (up 186% from 1Q 2024). Profit margin: 6.2% (up from 2.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.9%. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,266, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 2.5% over the past three years.
分析記事 • Jul 24Glory Ltd.'s (TSE:6457) Shareholders Might Be Looking For ExitThere wouldn't be many who think Glory Ltd.'s ( TSE:6457 ) price-to-sales (or "P/S") ratio of 0.4x is worth a mention...
Declared Dividend • Jul 11Final dividend of JP¥54.00 announcedShareholders will receive a dividend of JP¥54.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 40% over the next 3 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jul 02Glory Ltd. to Report Q1, 2025 Results on Aug 06, 2024Glory Ltd. announced that they will report Q1, 2025 results at 3:00 PM, Tokyo Standard Time on Aug 06, 2024
Reported Earnings • Jun 28Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥534 (up from JP¥167 loss in FY 2023). Revenue: JP¥372.5b (up 46% from FY 2023). Net income: JP¥29.7b (up JP¥39.2b from FY 2023). Profit margin: 8.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to stay flat during the next 3 years compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • May 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to JP¥2,641. The fair value is estimated to be JP¥3,335, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.9% per annum. Earnings are also forecast to decline by 25% per annum over the same time period.
Price Target Changed • May 28Price target decreased by 14% to JP¥3,223Down from JP¥3,758, the current price target is an average from 4 analysts. New target price is 17% above last closing price of JP¥2,747. Stock is up 4.6% over the past year. The company is forecast to post earnings per share of JP¥223 for next year compared to JP¥534 last year.
Buy Or Sell Opportunity • May 13Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to JP¥2,740. The fair value is estimated to be JP¥3,433, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 3.0% per annum. Earnings are also forecast to decline by 27% per annum over the same time period.
Reported Earnings • May 12Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥534 (up from JP¥167 loss in FY 2023). Revenue: JP¥372.5b (up 46% from FY 2023). Net income: JP¥29.7b (up JP¥39.2b from FY 2023). Profit margin: 8.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • May 12Glory Ltd., Annual General Meeting, Jun 21, 2024Glory Ltd., Annual General Meeting, Jun 21, 2024.
Buy Or Sell Opportunity • Apr 16Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.1% to JP¥2,775. The fair value is estimated to be JP¥3,474, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.1% per annum. Earnings are also forecast to decline by 15% per annum over the same time period.
分析記事 • Apr 02Revenues Not Telling The Story For Glory Ltd. (TSE:6457)It's not a stretch to say that Glory Ltd.'s ( TSE:6457 ) price-to-sales (or "P/S") ratio of 0.5x right now seems quite...
お知らせ • Apr 02Glory Appoints Joseph Gnorski as President of AmericasGlory, announced the appointment of Joseph Gnorski as President of Glory Americas. In his new role, Gnorski will oversee the Americas region strategy and operations, building upon his successful tenure as the company’s Executive Vice President of Retail Markets, Americas. Gnorski brings a wealth of expertise and a proven track record of leadership to his role as President. In his over 17 years of experience at Glory, he has been pivotal in driving significant revenue growth, improving operations and expanding the company’s footprint in key markets. Gnorski’s background in leveraging technological advances and fostering innovative thinking, along with his foundation working with customers, positions the Americas for continued growth. Today, Glory works with customers in financial services and all sectors of retail, serving customers like JPMorgan Chase, McDonald’s, Walmart, and OXXO. Gnorski’s appointment comes at a pivotal moment for Glory Americas, following a period of significant growth and transformation, including several recent acquisitions of retail technology solutions like Revolution Retail Systems and Flooid, a leading unified commerce platform.
お知らせ • Mar 28Glory Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Glory Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).
Major Estimate Revision • Mar 16Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥360.3b to JP¥364.2b. EPS estimate increased from JP¥492 to JP¥541 per share. Net income forecast to grow 11% next year vs 4.8% growth forecast for Machinery industry in Japan. Consensus price target of JP¥4,207 unchanged from last update. Share price was steady at JP¥2,805 over the past week.
New Risk • Feb 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥227 (vs JP¥26.94 in 3Q 2023)Third quarter 2024 results: EPS: JP¥227 (up from JP¥26.94 in 3Q 2023). Revenue: JP¥101.9b (up 54% from 3Q 2023). Net income: JP¥12.6b (up JP¥11.1b from 3Q 2023). Profit margin: 12% (up from 2.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Machinery industry in Japan are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Jan 05Glory Ltd. to Report Q3, 2024 Results on Feb 06, 2024Glory Ltd. announced that they will report Q3, 2024 results at 3:00 PM, Tokyo Standard Time on Feb 06, 2024
Buying Opportunity • Dec 21Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.7%. The fair value is estimated to be JP¥3,511, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.3% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period.
Price Target Changed • Dec 15Price target increased by 12% to JP¥4,207Up from JP¥3,758, the current price target is an average from 3 analysts. New target price is 47% above last closing price of JP¥2,857. Stock is up 31% over the past year. The company is forecast to post earnings per share of JP¥475 next year compared to a net loss per share of JP¥167 last year.
お知らせ • Dec 14Glory Ltd. (TSE:6457) acquired an additional unknown minority stake in Unified Financial Limited.Glory Ltd. (TSE:6457) acquired an additional unknown minority stake in Unified Financial Limited on December 14, 2023. Post to the transaction, Glory owned 91.99% stake in Unified Financial. The majority acquisition of OneBanx's shares was completed with additional investment in July 2023.Glory Ltd. (TSE:6457) completed the acquisition of an additional unknown minority stake in Unified Financial Limited on December 14, 2023.
お知らせ • Nov 29Glory Launches Glr-200 Teller Cash Recyclers in North AmericaGlory announced the latest solution in its new GLR series of Teller Cash Recyclers (TCRs), the GLR-200. Building upon the successful launch of GLR-100 in August last year, this TCR features speed, efficiency and cash automation for financial institutions, and is capable of handling both paper and polymer currency in the US and Canada. With multiple storage configurations, GLR-200 supports customer dispense and deposit transactions of any value or denomination, as well as foreign exchange. A choice of storage configurations and options means GLR-200 can meet any cash handling requirement unique to the financial institution, while complying with cash handling regulations for unfit and counterfeit notes. As new branch concepts evolve, both GLR-100 and GLR-200 are designed to fit into locations where space is at a premium. By automating cash handling at the teller position, tellers can fully focus on customers and help with self-operated cash transactions. At financial institutions with TCRs installed, the operation achieves positive outcomes: optimizing staff activities, ensuring accuracy, increasing speed of cash management and realizing efficiency gains. The new GLR series connects seamlessly to Glory's secure cloud-based UBIQULAR™? solution, which delivers enhanced business intelligence, remote monitoring, and device management across the enterprise branch network. The combined capabilities of Glory TCRs and UBIQULAR provide a comprehensive cash management solution achieving peak operational efficiency across the enterprise.
Buying Opportunity • Nov 08Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 8.8%. The fair value is estimated to be JP¥3,602, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.
お知らせ • Nov 07Glory Ltd. Announces Interim Dividend for the Fiscal Year Ending March 31, 2024; Provides Dividend Guidance for the Year-End of Fiscal Year Ending March 31, 2024Glory Ltd. announced interim dividend of JPY 40.00 per share compared to JPY 34.00 per share paid a year ago. Effective date is December 5, 2023. record date is September 30, 2023.For the fiscal year ending March 31, 2024, the company now expects to pay year-end dividend of JPY 40.00 per share compared to JPY 36.00 per share paid a year ago.
お知らせ • Oct 06Glory Ltd. Announces the North America Launch of Their Market-Leading CASHINFINITY Recycling SolutionGlory Ltd. announces the North America launch of their market-leading CASHINFINITY™ recycling solution. The CI-500X brings unmatched speed, efficiency, and capacity to cash automation processes. Developed specifically for cash-intensive retailers like big box retailers, casinos and cannabis dispensaries, the CI-500X brings together Glory’s proven manufacturing quality and retail expertise to reduce the ever-increasing cost of handling cash. This solution automates and accelerates start and end of day cash processes as well as preparation for CIT cash collections. As part of the CASHINFINITY cash solutions platform, Glory provides closed loop cash automation, greatly reducing the risk of errors and cash shrinkage by removing the need for staff to handle cash. The speed and volume of this cash recycler introduces a new level of efficiency gains for retail businesses. Harrah’s Cherokee Casinos in Cherokee and Murphy, North Carolina is no stranger to the challenges of managing volumes of cash and are the first casinos to pilot and install the CI-500X. As a result, they’ve been able to reduce the number of employees that handle, manage and count cash, and to stay focused on the customer experience. Cash recycling has reduced the list of manual exceptions, the amount of paperwork, balancing and counting errors.
Buying Opportunity • Sep 29Now 21% undervaluedOver the last 90 days, the stock is up 3.4%. The fair value is estimated to be JP¥3,755, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥36.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.1%).
お知らせ • Aug 27Glory Ltd. to Report Q2, 2024 Results on Nov 07, 2023Glory Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023
Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥36.06 (vs JP¥31.98 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥36.06 (up from JP¥31.98 loss in 1Q 2023). Revenue: JP¥69.7b (up 32% from 1Q 2023). Net income: JP¥2.01b (up JP¥3.90b from 1Q 2023). Profit margin: 2.9% (up from net loss in 1Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 06Glory Ltd. to Report Q1, 2024 Results on Aug 04, 2023Glory Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023
お知らせ • Jun 10AI,Inc. (TSE:4388) completed the acquisition of approximately 40.53% stake in FueTrek Co., Ltd. (TSE : 2468) from Glory Ltd. (TSE:6457).AI,Inc. (TSE:4388) agreed to acquire approximately 40.53% stake in FueTrek Co., Ltd. (TSE:2468) from Glory Ltd. (TSE:6457) for approximately ¥860 million on May 11, 2023. The offer price per share is ¥226. AI,Inc. has set the maximum and minimum number of shares to be tendered at 3,793,200. The Tender Offer Period will start on May 12, 2023 and ends on June 8, 2023. FueTrek board has expressed its opinion in favor of tender offer. Ey Strategy Consulting acted as a financial advisor to Glory Ltd. SBI Securities Co., Ltd. acted as a financial advisor, Mori Hamada & Matsumoto LPC acted as a legal advisor to AI,Inc. Tokai Tokyo Securities Co., Ltd. acted as a financial advisor and Hibiya-Nakata acted as a legal advisor to FueTrek Co., Ltd. AI,Inc. (TSE:4388) completed the acquisition of approximately 40.53% stake in FueTrek Co., Ltd. (TSE : 2468) from Glory Ltd. (TSE:6457) on June 8, 2023.
Price Target Changed • Jun 07Price target increased by 12% to JP¥3,466Up from JP¥3,108, the current price target is an average from 5 analysts. New target price is 25% above last closing price of JP¥2,782. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥350 next year compared to a net loss per share of JP¥167 last year.
Reported Earnings • May 13Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: JP¥167 loss per share (down from JP¥108 profit in FY 2022). Revenue: JP¥255.9b (up 13% from FY 2022). Net loss: JP¥9.54b (down 247% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 137%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
お知らせ • May 12+ 2 more updatesGlory Ltd. Provides Dividend Guidance for the Second Quarter End and Full Year of Fiscal Year Ending March 31, 2024Glory Ltd. provided Dividend guidance for the second quarter end and full year of fiscal year Ending March 31, 2024. For the period, the company expects to pay a dividend of JPY 36.00 per share. For the year, the company expects to pay a dividend of JPY 36.00 per share.
お知らせ • May 11Glory Ltd., Annual General Meeting, Jun 23, 2023Glory Ltd., Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥34.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.4%).
Price Target Changed • Mar 21Price target increased by 12% to JP¥3,108Up from JP¥2,775, the current price target is an average from 5 analysts. New target price is 11% above last closing price of JP¥2,789. Stock is up 33% over the past year. The company is forecast to post a net loss per share of JP¥55.08 compared to earnings per share of JP¥108 last year.
Price Target Changed • Feb 22Price target increased by 8.8% to JP¥2,775Up from JP¥2,550, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥2,743. Stock is up 34% over the past year. The company is forecast to post a net loss per share of JP¥74.77 compared to earnings per share of JP¥108 last year.
Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥26.94 (vs JP¥70.20 in 3Q 2022)Third quarter 2023 results: EPS: JP¥26.94 (down from JP¥70.20 in 3Q 2022). Revenue: JP¥66.4b (up 20% from 3Q 2022). Net income: JP¥1.51b (down 65% from 3Q 2022). Profit margin: 2.3% (down from 7.6% in 3Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 07Glory Ltd. Provides Dividend Guidance for the Year Ending March 31, 2023Glory Ltd. provided dividend guidance for the year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 34.00 per share.