Ushio（6925）株式概要ウシオ電機はライトソリューション・カンパニーとして国内外で事業を展開している。 詳細6925 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長3/6過去の実績3/6財務の健全性5/6配当金3/6報酬収益は年間12.84%増加すると予測されています 過去1年間で収益は277.1%増加しました アナリストらは、株価が24%上昇するだろうとほぼ一致している。 リスク分析JP市場と比較して、過去 3 か月間の株価の変動が非常に大きい財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る6925 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW471,327 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA471,327 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥4.09k28.6% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0274b2016201920222025202620282031Revenue JP¥273.9bEarnings JP¥20.0bAdvancedSet Fair ValueView all narrativesUshio Inc. 競合他社SWCCSymbol: TSE:5805Market cap: JP¥377.6bMabuchi MotorSymbol: TSE:6592Market cap: JP¥406.0bSanyo DenkiSymbol: TSE:6516Market cap: JP¥216.3bToyo TansoSymbol: TSE:5310Market cap: JP¥152.3b価格と性能株価の高値、安値、推移の概要Ushio過去の株価現在の株価JP¥4,093.0052週高値JP¥5,164.0052週安値JP¥2,028.50ベータ0.771ヶ月の変化-6.30%3ヶ月変化21.60%1年変化94.44%3年間の変化124.34%5年間の変化105.47%IPOからの変化431.56%最新ニュースReported Earnings • Aug 05First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: JP¥38.11 (up from JP¥32.06 loss in 1Q 2026). Revenue: JP¥49.0b (up 28% from 1Q 2026). Net income: JP¥3.03b (up JP¥5.86b from 1Q 2026). Profit margin: 6.2% (up from net loss in 1Q 2026). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥3,594, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Electrical industry in Japan. Total returns to shareholders of 105% over the past three years.Price Target Changed • Jul 23Price target increased by 9.7% to JP¥5,075Up from JP¥4,625, the current price target is an average from 4 analysts. New target price is 20% above last closing price of JP¥4,219. Stock is up 134% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥94.88 last year.New Risk • Jul 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,596, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 161% over the past three years.Price Target Changed • Jun 10Price target increased by 13% to JP¥3,350Up from JP¥2,975, the current price target is an average from 4 analysts. New target price is 16% below last closing price of JP¥3,978. Stock is up 127% over the past year. The company is forecast to post earnings per share of JP¥134 for next year compared to JP¥94.88 last year.最新情報をもっと見るRecent updatesReported Earnings • Aug 05First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: JP¥38.11 (up from JP¥32.06 loss in 1Q 2026). Revenue: JP¥49.0b (up 28% from 1Q 2026). Net income: JP¥3.03b (up JP¥5.86b from 1Q 2026). Profit margin: 6.2% (up from net loss in 1Q 2026). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥3,594, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Electrical industry in Japan. Total returns to shareholders of 105% over the past three years.Price Target Changed • Jul 23Price target increased by 9.7% to JP¥5,075Up from JP¥4,625, the current price target is an average from 4 analysts. New target price is 20% above last closing price of JP¥4,219. Stock is up 134% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥94.88 last year.New Risk • Jul 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,596, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 161% over the past three years.Price Target Changed • Jun 10Price target increased by 13% to JP¥3,350Up from JP¥2,975, the current price target is an average from 4 analysts. New target price is 16% below last closing price of JP¥3,978. Stock is up 127% over the past year. The company is forecast to post earnings per share of JP¥134 for next year compared to JP¥94.88 last year.分析記事 • May 21Ushio (TSE:6925) Strong Profits May Be Masking Some Underlying IssuesThe market for Ushio Inc.'s ( TSE:6925 ) stock was strong after it released a healthy earnings report last week...Reported Earnings • May 18Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥94.88 (up from JP¥70.27 in FY 2025). Revenue: JP¥179.2b (flat on FY 2025). Net income: JP¥8.00b (up 18% from FY 2025). Profit margin: 4.5% (up from 3.8% in FY 2025). Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.New Risk • May 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin).Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥4,239, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 21x in the Electrical industry in Japan. Total returns to shareholders of 143% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,774 per share.お知らせ • May 14Ushio Inc., Annual General Meeting, Jun 29, 2026Ushio Inc., Annual General Meeting, Jun 29, 2026.お知らせ • May 10Ushio Inc. to Report Fiscal Year 2026 Results on May 14, 2026Ushio Inc. announced that they will report fiscal year 2026 results on May 14, 2026お知らせ • Apr 21Ushio Industry & Entertainment Appoints Takuya Matsumoto as President & CEOUshio Industry & Entertainment announced the appointment of Takuya Matsumoto as President and Chief Executive Officer, marking a key milestone in the evolution of the business and its integration within the Ushio Group. With more than 20 years of experience across sales, new business development, and global operations, Takuya Matsumoto brings deep industry expertise and a strong leadership track record within Ushio. Most recently, he served as General Manager of the Global Business Unit, where he played a pivotal role in advancing global growth initiatives. Under Takuya Matsumoto’s leadership, Ushio INE will continue to build on its strong legacy while advancing its mission to deliver high-performance, high-quality lighting solutions across industrial and entertainment markets worldwide.Price Target Changed • Apr 07Price target increased by 17% to JP¥2,975Up from JP¥2,533, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥3,066. Stock is up 85% over the past year. The company is forecast to post earnings per share of JP¥99.38 for next year compared to JP¥70.27 last year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).分析記事 • Feb 09Ushio (TSE:6925) Has Announced A Dividend Of ¥70.00The board of Ushio Inc. ( TSE:6925 ) has announced that it will pay a dividend on the 30th of June, with investors...お知らせ • Feb 09+ 2 more updatesUshio Inc. to Report Q2, 2027 Results on Nov 06, 2026Ushio Inc. announced that they will report Q2, 2027 results on Nov 06, 2026Reported Earnings • Feb 07Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥46.00 (up from JP¥36.12 in 3Q 2025). Revenue: JP¥45.5b (up 7.2% from 3Q 2025). Net income: JP¥3.80b (up 10% from 3Q 2025). Profit margin: 8.3% (up from 8.1% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.分析記事 • Jan 08Ushio (TSE:6925) Will Pay A Dividend Of ¥70.00The board of Ushio Inc. ( TSE:6925 ) has announced that it will pay a dividend of ¥70.00 per share on the 30th of June...Declared Dividend • Jan 08Dividend of JP¥70.00 announcedDividend of JP¥70.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (133% earnings payout ratio). However, it is covered by cash flows (52% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 48% to bring the payout ratio under control. EPS is expected to grow by 167% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Jan 07Ushio Inc. announces Annual dividend, payable on June 30, 2026Ushio Inc. announced Annual dividend of JPY 70.0000 per share payable on June 30, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.分析記事 • Jan 06Earnings Tell The Story For Ushio Inc. (TSE:6925)With a price-to-earnings (or "P/E") ratio of 48.9x Ushio Inc. ( TSE:6925 ) may be sending very bearish signals at the...Price Target Changed • Jan 06Price target increased by 14% to JP¥2,467Up from JP¥2,167, the current price target is an average from 3 analysts. New target price is 13% below last closing price of JP¥2,826. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥86.57 for next year compared to JP¥70.27 last year.Reported Earnings • Nov 08Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2026 results: EPS: JP¥35.83 (up from JP¥20.28 in 2Q 2025). Revenue: JP¥43.1b (down 11% from 2Q 2025). Net income: JP¥3.07b (up 53% from 2Q 2025). Profit margin: 7.1% (up from 4.2% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.分析記事 • Oct 28Calculating The Fair Value Of Ushio Inc. (TSE:6925)Key Insights Using the 2 Stage Free Cash Flow to Equity, Ushio fair value estimate is JP¥2,529 With JP¥2,554 share...お知らせ • Sep 22Ushio Inc.(TSE:6925) dropped from FTSE All-World Index (USD)Ushio Inc.(TSE:6925) dropped from FTSE All-World Index (USD)Buy Or Sell Opportunity • Aug 20Now 20% undervaluedOver the last 90 days, the stock has risen 21% to JP¥2,086. The fair value is estimated to be JP¥2,622, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 3.4% in 2 years. Earnings are forecast to grow by 198% in the next 2 years.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,123, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Electrical industry in Japan. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,622 per share.Reported Earnings • Aug 07First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: JP¥32.06 loss per share (down from JP¥2.92 profit in 1Q 2025). Revenue: JP¥38.4b (up 2.2% from 1Q 2025). Net loss: JP¥2.83b (down JP¥3.12b from profit in 1Q 2025). Revenue exceeded analyst estimates by 7.7%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Aug 05Ushio Inc. (TSE:6925) announces an Equity Buyback for 15,000,000 shares, representing 17.04% for ¥20,000 million.Ushio Inc. (TSE:6925) announces a share repurchase program. Under the program, the company will repurchase up to 15,000,000 shares, representing 17.04% of its issued share capital (excluding treasury stock), for a total purchase price of ¥20,000 million. The purpose of the program is to raise capital efficiency and enable the implementation of an agile capital policy. The program will be valid till April 30, 2026. As of July 31, 2025, the company had 88,046,737 issued shares (excluding treasury stock) and 4,453,263 treasury shares.分析記事 • Jul 29Ushio Inc. (TSE:6925) Shares Could Be 24% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Ushio fair value estimate is JP¥2,437 Ushio's JP¥1,846 share...分析記事 • Jul 03We Think That There Are More Issues For Ushio (TSE:6925) Than Just Sluggish EarningsA lackluster earnings announcement from Ushio Inc. ( TSE:6925 ) last week didn't sink the stock price. Our analysis...お知らせ • Jun 26Ushio Inc. Provides Earnings Guidance for the First Quarter Ending June 30, 2025Ushio Inc. provided earnings guidance for the first quarter ending June 30, 2025. For the quarter, the company expects extraordinary loss. Due to the special lump-sum severance payment and outplacement expenses incurred as a result of Expansion of Second Life Support Program and Special Offering, it is expected that approximately JPY 2.1 billion of business restructuring expenses will be recorded in both consolidated and standalone financial statements. Certain overseas consolidated subsidiaries are reviewing their organizational management, including personnel reductions, to transform these entities from low-profit structures into business units that contribute to the overall group's profitability through fundamental improvements in their earnings structure. As related expenses such as severance costs, approximately JPY 1 billion in business restructuring expenses are expected to be recorded in the consolidated financial statements.New Risk • May 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 127% Dividend yield: 4.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 127% Minor Risk Profit margins are more than 30% lower than last year (3.8% net profit margin).Major Estimate Revision • May 20Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥180.6b to JP¥172.8b. EPS estimate also fell from JP¥109 per share to JP¥83.90 per share. Net income forecast to grow 11% next year vs 4.6% growth forecast for Electrical industry in Japan. Consensus price target down from JP¥2,108 to JP¥1,925. Share price fell 6.8% to JP¥1,709 over the past week.分析記事 • May 16Earnings Release: Here's Why Analysts Cut Their Ushio Inc. (TSE:6925) Price Target To JP¥1,925Ushio Inc. ( TSE:6925 ) shareholders are probably feeling a little disappointed, since its shares fell 3.9% to JP¥1,704...Reported Earnings • May 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥70.27 (down from JP¥97.22 in FY 2024). Revenue: JP¥177.6b (down 1.0% from FY 2024). Net income: JP¥6.80b (down 37% from FY 2024). Profit margin: 3.8% (down from 6.0% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.New Risk • May 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 6.0% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.8% net profit margin).お知らせ • May 13Ushio Inc., Annual General Meeting, Jun 27, 2025Ushio Inc., Annual General Meeting, Jun 27, 2025.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,560, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Electrical industry in Japan. Total returns to shareholders of 5.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥706 per share.分析記事 • Mar 28Is Ushio (TSE:6925) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Upcoming Dividend • Mar 21Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 28 June 2025. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%).分析記事 • Feb 11Ushio Inc. Just Beat EPS By 315%: Here's What Analysts Think Will Happen NextAs you might know, Ushio Inc. ( TSE:6925 ) recently reported its quarterly numbers. It looks to have been a decent...Reported Earnings • Feb 08Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: JP¥36.12 (down from JP¥40.81 in 3Q 2024). Revenue: JP¥42.5b (down 11% from 3Q 2024). Net income: JP¥3.44b (down 22% from 3Q 2024). Profit margin: 8.1% (down from 9.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.分析記事 • Feb 08Ushio (TSE:6925) Is Increasing Its Dividend To ¥70.00Ushio Inc. ( TSE:6925 ) will increase its dividend from last year's comparable payment on the 28th of June to ¥70.00...お知らせ • Feb 07+ 3 more updatesUshio Inc. to Report Q2, 2026 Results on Nov 06, 2025Ushio Inc. announced that they will report Q2, 2026 results on Nov 06, 2025分析記事 • Jan 20Ushio's (TSE:6925) Upcoming Dividend Will Be Larger Than Last Year'sUshio Inc.'s ( TSE:6925 ) dividend will be increasing from last year's payment of the same period to ¥70.00 on 28th of...分析記事 • Jan 06Ushio's (TSE:6925) Dividend Will Be Increased To ¥70.00Ushio Inc. ( TSE:6925 ) has announced that it will be increasing its dividend from last year's comparable payment on...Declared Dividend • Jan 06Dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 28th March 2025 Payment date: 28th June 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Nov 27We Think Ushio's (TSE:6925) Healthy Earnings Might Be ConservativeUshio Inc.'s ( TSE:6925 ) solid earnings announcement recently didn't do much to the stock price. We did some analysis...分析記事 • Nov 08Ushio Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsA week ago, Ushio Inc. ( TSE:6925 ) came out with a strong set of half-yearly numbers that could potentially lead to a...Reported Earnings • Nov 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: JP¥20.28 (down from JP¥21.64 in 2Q 2024). Revenue: JP¥48.1b (up 5.2% from 2Q 2024). Net income: JP¥2.01b (down 19% from 2Q 2024). Profit margin: 4.2% (down from 5.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 93%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.Major Estimate Revision • Nov 07Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥49.63 to JP¥62.48. Revenue forecast steady at JP¥175.9b. Net income forecast to shrink 19% next year vs 5.7% growth forecast for Electrical industry in Japan . Consensus price target up from JP¥1,950 to JP¥2,117. Share price was steady at JP¥2,141 over the past week.分析記事 • Oct 22Risks To Shareholder Returns Are Elevated At These Prices For Ushio Inc. (TSE:6925)With a price-to-earnings (or "P/E") ratio of 21.5x Ushio Inc. ( TSE:6925 ) may be sending very bearish signals at the...分析記事 • Oct 01Is There Now An Opportunity In Ushio Inc. (TSE:6925)?Ushio Inc. ( TSE:6925 ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the...Reported Earnings • Aug 06First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥2.92 (down from JP¥15.35 in 1Q 2024). Revenue: JP¥37.5b (down 4.4% from 1Q 2024). Net income: JP¥297.0m (down 83% from 1Q 2024). Profit margin: 0.8% (down from 4.6% in 1Q 2024). Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 81%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% 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¥1,801, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 12x in the Electrical industry in Japan. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,016 per share.分析記事 • Jul 25Returns On Capital Are Showing Encouraging Signs At Ushio (TSE:6925)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Reported Earnings • May 18Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥97.22 (down from JP¥116 in FY 2023). Revenue: JP¥179.4b (up 2.5% from FY 2023). Net income: JP¥10.8b (down 21% from FY 2023). Profit margin: 6.0% (down from 7.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • May 17Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥183.5b to JP¥177.2b. EPS estimate also fell from JP¥95.45 per share to JP¥81.52 per share. Net income forecast to shrink 1.1% next year vs 0.8% growth forecast for Electrical industry in Japan . Consensus price target down from JP¥2,025 to JP¥1,950. Share price fell 4.3% to JP¥1,996 over the past week.お知らせ • May 16+ 3 more updatesUshio Inc., Annual General Meeting, Jun 27, 2024Ushio Inc., Annual General Meeting, Jun 27, 2024.お知らせ • May 15Ushio Inc. (TSE:6925) announces an Equity Buyback for 20,000,000 shares, representing 19.53% for ¥30,000 million.Ushio Inc. (TSE:6925) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 17% of its issued share capital (excluding treasury stock), for a total purchase price of ¥30,000 million. The purpose of the program is to enable improvement of capital efficiency and agile execution of capital policy. The program will be valid till April 30, 2025. As of April 30, 2024, the company had 102,428,003 issued shares (excluding treasury stock) and 5,071,997 treasury shares.分析記事 • Apr 26Is Ushio (TSE:6925) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Mar 25Ushio (TSE:6925) Is Due To Pay A Dividend Of ¥50.00Ushio Inc. ( TSE:6925 ) will pay a dividend of ¥50.00 on the 1st of July. The dividend yield will be 2.5% based on this...Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.8%).分析記事 • Mar 12A Look At The Fair Value Of Ushio Inc. (TSE:6925)Key Insights Ushio's estimated fair value is JP¥2,012 based on 2 Stage Free Cash Flow to Equity Current share price of...Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥40.81 (up from JP¥21.78 in 3Q 2023). Revenue: JP¥47.5b (up 18% from 3Q 2023). Net income: JP¥4.43b (up 73% from 3Q 2023). Profit margin: 9.3% (up from 6.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 61%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Electrical 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 14% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09+ 1 more updateUshio Inc. Revises Consolidated Earnings Guidance for the Full Year Ending March 31, 2024Ushio Inc. revised consolidated earnings guidance for the full year ending March 31, 2024. For the year, the company now expects net sales of ¥178,000 million against previous guidance of ¥188,000 million; Operating profit is now expected to be ¥12,500 million against previous guidance of ¥12,500 million; Profit attributable to owners of parent is now expected to be ¥10,000 million against previous guidance of ¥10,000 million. Basic earnings per share is now expected to be ¥90.58 against previous guidance of ¥90.58.お知らせ • Jan 11Ushio Inc. Approves Chief Executive Officer Changes, Effective April 1, 2024USHIO INC. announced that, at the board of directors meeting held on January 10, 2024, approved change the new management structure: Takabumi Asahi, Director, Managing Executive Officer, Chief Financial Officer as Chief Executive Officer; Koji Naito, Chief Executive Officer as Director, Senior Adviser. Scheduled Date for the Change April 1, 2024. Career History of the Takabumi Asahi: Date of Birth August 28,1964 (59 years old); Education Mar. 1987 Bachelor of Engineering, Synthetic Chemistry, Chiba University; Career: Apr. 1987 Oki Electric Industry Co. Ltd.; Apr. 1998 GM, Oki Semiconductor Taiwan Branch; Apr. 1999 President, Oki Taiwan Inc.; Apr. 2004 GM, North America, Sales and Marketing Dept. Silicon Solutions Company, Oki Electric Industry Co. Ltd.; Apr. 2007 President and CEO, Oki Semiconductor Americas Company; Oct. 2008 President and CEO, Oki Electric Americas Inc.; Aug. 2009 President and CEO, Oki Data Americas Inc.; Oct. 2015 GM, Overseas Sales and Marketing Center, Marketing Dept. Oki Data Inc.; Oct. 2015 Deputy GM, Marketing Dept. Oki Data Inc.; Apr. 2017 Joined Ushio Inc. Deputy General Manager, Corporate Headquarters; Apr. 2018 Executive Officer Deputy General Manager, Corporate Headquarters and General Manager, Corporate Strategy Division, Corporate Headquarters; Apr. 2019 Senior Executive Officer General Manager, Corporate Headquarters (incumbent); Apr. 2022 Director, Managing Executive Officer and Chief Financial Officer (incumbent).Reported Earnings • Nov 07Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥21.64 (down from JP¥47.84 in 2Q 2023). Revenue: JP¥45.7b (down 5.2% from 2Q 2023). Net income: JP¥2.47b (down 56% from 2Q 2023). Profit margin: 5.4% (down from 12% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 28Ushio Inc. to Report Q3, 2024 Results on Feb 09, 2024Ushio Inc. announced that they will report Q3, 2024 results on Feb 09, 2024お知らせ • Sep 15Ushio Inc. to Report Q2, 2024 Results on Nov 06, 2023Ushio Inc. announced that they will report Q2, 2024 results on Nov 06, 2023Reported Earnings • Aug 08First quarter 2024 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2024 results: EPS: JP¥15.35 (down from JP¥32.17 in 1Q 2023). Revenue: JP¥39.3b (down 1.1% from 1Q 2023). Net income: JP¥1.79b (down 54% from 1Q 2023). Profit margin: 4.6% (down from 9.7% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • May 31Ushio Inc. to Report Q1, 2024 Results on Aug 07, 2023Ushio Inc. announced that they will report Q1, 2024 results on Aug 07, 2023Reported Earnings • May 13Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥116 (up from JP¥105 in FY 2022). Revenue: JP¥175.0b (up 18% from FY 2022). Net income: JP¥13.7b (up 8.7% from FY 2022). Profit margin: 7.8% (down from 8.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% 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 • May 12+ 2 more updatesUshio Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2024Ushio Inc. provided consolidated earnings forecast for the fiscal year ending March 31, 2024. For the full year, the company expected net sales to be JPY 188,000 million, Operating profit to be JPY 12,500 million, Profit attributable to owners of parent to be JPY 10,000 million and basic earnings per share to be JPY 90.58.Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).Major Estimate Revision • Feb 10Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥128 to JP¥114. Revenue forecast unchanged from JP¥170.4b at last update. Net income forecast to shrink 9.1% next year vs 5.3% growth forecast for Electrical industry in Japan . Consensus price target down from JP¥2,630 to JP¥2,200. Share price fell 9.1% to JP¥1,556 over the past week.Reported Earnings • Feb 04Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: JP¥21.78 (down from JP¥30.53 in 3Q 2022). Revenue: JP¥40.4b (up 6.0% from 3Q 2022). Net income: JP¥2.57b (down 30% from 3Q 2022). Profit margin: 6.4% (down from 9.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 04+ 1 more updateUshio Inc. Revises Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023Ushio Inc. revised consolidated earnings forecast for the fiscal year ending March 31, 2023. For the full year, the company expected net sales to be JPY 170,000 million, Operating profit to be JPY 15,000 million, Profit attributable to owners of parent to be JPY 13,000 million and basic earnings per share to be JPY 109.78 as compared to net sales of JPY 170,000 million, Operating profit of JPY 17,000 million, Profit attributable to owners of parent of JPY 14,000 million and basic earnings per share of JPY 117.79 as previously forecasted.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Outside Independent Director Matsuzaki Masatoshi was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.株主還元6925JP ElectricalJP 市場7D13.6%20.9%2.2%1Y94.4%78.1%35.3%株主還元を見る業界別リターン: 6925過去 1 年間で78.1 % の収益を上げたJP Electrical業界を上回りました。リターン対市場: 6925過去 1 年間で35.3 % の収益を上げたJP市場を上回りました。価格変動Is 6925's price volatile compared to industry and market?6925 volatility6925 Average Weekly Movement10.2%Electrical Industry Average Movement6.6%Market Average Movement4.4%10% most volatile stocks in JP Market9.5%10% least volatile stocks in JP Market2.2%安定した株価: 6925の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 6925の weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19495,898Takabumi Asahiwww.ushio.co.jpウシオ電機株式会社は、光ソリューション企業として国内外で事業を展開している。ランプ、レーザー、LEDなどの光源、光源ユニット、射出成形機、金型保護装置、継手・チューブ、プラスチック材料、ファクトリーオートメーション製品、音響システム、シネマサーバー、オルガンオンチップなどを提供。また、リソグラフィツールやアライナー、洗浄・修正システム、計測機器、光熱機器、理化学機器、環境・衛生関連機器、画像・照明システム、フォトアライメントシステムなどの光学機器・システムも提供している。ウシオ電機は1949年に設立され、本社は港区にある。もっと見るUshio Inc. 基礎のまとめUshio の収益と売上を時価総額と比較するとどうか。6925 基礎統計学時価総額JP¥324.77b収益（TTM）JP¥13.85b売上高(TTM)JP¥189.84b23.4xPER（株価収益率1.7xP/Sレシオ6925 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6925 損益計算書（TTM）収益JP¥189.84b売上原価JP¥118.44b売上総利益JP¥71.40bその他の費用JP¥57.55b収益JP¥13.85b直近の収益報告Jun 30, 2026次回決算日Nov 06, 2026一株当たり利益（EPS）174.55グロス・マージン37.61%純利益率7.30%有利子負債／自己資本比率30.4%6925 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.7%現在の配当利回り41%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/06 16:29終値2026/08/06 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ushio Inc. 5 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。16 アナリスト機関Takashi IwaiBofA Global ResearchHisanori ShimoiCitigroup IncNanako ImazuCLSA13 その他のアナリストを表示
Reported Earnings • Aug 05First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: JP¥38.11 (up from JP¥32.06 loss in 1Q 2026). Revenue: JP¥49.0b (up 28% from 1Q 2026). Net income: JP¥3.03b (up JP¥5.86b from 1Q 2026). Profit margin: 6.2% (up from net loss in 1Q 2026). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥3,594, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Electrical industry in Japan. Total returns to shareholders of 105% over the past three years.
Price Target Changed • Jul 23Price target increased by 9.7% to JP¥5,075Up from JP¥4,625, the current price target is an average from 4 analysts. New target price is 20% above last closing price of JP¥4,219. Stock is up 134% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥94.88 last year.
New Risk • Jul 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,596, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 161% over the past three years.
Price Target Changed • Jun 10Price target increased by 13% to JP¥3,350Up from JP¥2,975, the current price target is an average from 4 analysts. New target price is 16% below last closing price of JP¥3,978. Stock is up 127% over the past year. The company is forecast to post earnings per share of JP¥134 for next year compared to JP¥94.88 last year.
Reported Earnings • Aug 05First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: JP¥38.11 (up from JP¥32.06 loss in 1Q 2026). Revenue: JP¥49.0b (up 28% from 1Q 2026). Net income: JP¥3.03b (up JP¥5.86b from 1Q 2026). Profit margin: 6.2% (up from net loss in 1Q 2026). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥3,594, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Electrical industry in Japan. Total returns to shareholders of 105% over the past three years.
Price Target Changed • Jul 23Price target increased by 9.7% to JP¥5,075Up from JP¥4,625, the current price target is an average from 4 analysts. New target price is 20% above last closing price of JP¥4,219. Stock is up 134% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥94.88 last year.
New Risk • Jul 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,596, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 161% over the past three years.
Price Target Changed • Jun 10Price target increased by 13% to JP¥3,350Up from JP¥2,975, the current price target is an average from 4 analysts. New target price is 16% below last closing price of JP¥3,978. Stock is up 127% over the past year. The company is forecast to post earnings per share of JP¥134 for next year compared to JP¥94.88 last year.
分析記事 • May 21Ushio (TSE:6925) Strong Profits May Be Masking Some Underlying IssuesThe market for Ushio Inc.'s ( TSE:6925 ) stock was strong after it released a healthy earnings report last week...
Reported Earnings • May 18Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥94.88 (up from JP¥70.27 in FY 2025). Revenue: JP¥179.2b (flat on FY 2025). Net income: JP¥8.00b (up 18% from FY 2025). Profit margin: 4.5% (up from 3.8% in FY 2025). Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 4.5%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
New Risk • May 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin).
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥4,239, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 21x in the Electrical industry in Japan. Total returns to shareholders of 143% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,774 per share.
お知らせ • May 14Ushio Inc., Annual General Meeting, Jun 29, 2026Ushio Inc., Annual General Meeting, Jun 29, 2026.
お知らせ • May 10Ushio Inc. to Report Fiscal Year 2026 Results on May 14, 2026Ushio Inc. announced that they will report fiscal year 2026 results on May 14, 2026
お知らせ • Apr 21Ushio Industry & Entertainment Appoints Takuya Matsumoto as President & CEOUshio Industry & Entertainment announced the appointment of Takuya Matsumoto as President and Chief Executive Officer, marking a key milestone in the evolution of the business and its integration within the Ushio Group. With more than 20 years of experience across sales, new business development, and global operations, Takuya Matsumoto brings deep industry expertise and a strong leadership track record within Ushio. Most recently, he served as General Manager of the Global Business Unit, where he played a pivotal role in advancing global growth initiatives. Under Takuya Matsumoto’s leadership, Ushio INE will continue to build on its strong legacy while advancing its mission to deliver high-performance, high-quality lighting solutions across industrial and entertainment markets worldwide.
Price Target Changed • Apr 07Price target increased by 17% to JP¥2,975Up from JP¥2,533, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥3,066. Stock is up 85% over the past year. The company is forecast to post earnings per share of JP¥99.38 for next year compared to JP¥70.27 last year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%).
分析記事 • Feb 09Ushio (TSE:6925) Has Announced A Dividend Of ¥70.00The board of Ushio Inc. ( TSE:6925 ) has announced that it will pay a dividend on the 30th of June, with investors...
お知らせ • Feb 09+ 2 more updatesUshio Inc. to Report Q2, 2027 Results on Nov 06, 2026Ushio Inc. announced that they will report Q2, 2027 results on Nov 06, 2026
Reported Earnings • Feb 07Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥46.00 (up from JP¥36.12 in 3Q 2025). Revenue: JP¥45.5b (up 7.2% from 3Q 2025). Net income: JP¥3.80b (up 10% from 3Q 2025). Profit margin: 8.3% (up from 8.1% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
分析記事 • Jan 08Ushio (TSE:6925) Will Pay A Dividend Of ¥70.00The board of Ushio Inc. ( TSE:6925 ) has announced that it will pay a dividend of ¥70.00 per share on the 30th of June...
Declared Dividend • Jan 08Dividend of JP¥70.00 announcedDividend of JP¥70.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (133% earnings payout ratio). However, it is covered by cash flows (52% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 48% to bring the payout ratio under control. EPS is expected to grow by 167% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Jan 07Ushio Inc. announces Annual dividend, payable on June 30, 2026Ushio Inc. announced Annual dividend of JPY 70.0000 per share payable on June 30, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.
分析記事 • Jan 06Earnings Tell The Story For Ushio Inc. (TSE:6925)With a price-to-earnings (or "P/E") ratio of 48.9x Ushio Inc. ( TSE:6925 ) may be sending very bearish signals at the...
Price Target Changed • Jan 06Price target increased by 14% to JP¥2,467Up from JP¥2,167, the current price target is an average from 3 analysts. New target price is 13% below last closing price of JP¥2,826. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥86.57 for next year compared to JP¥70.27 last year.
Reported Earnings • Nov 08Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2026 results: EPS: JP¥35.83 (up from JP¥20.28 in 2Q 2025). Revenue: JP¥43.1b (down 11% from 2Q 2025). Net income: JP¥3.07b (up 53% from 2Q 2025). Profit margin: 7.1% (up from 4.2% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
分析記事 • Oct 28Calculating The Fair Value Of Ushio Inc. (TSE:6925)Key Insights Using the 2 Stage Free Cash Flow to Equity, Ushio fair value estimate is JP¥2,529 With JP¥2,554 share...
お知らせ • Sep 22Ushio Inc.(TSE:6925) dropped from FTSE All-World Index (USD)Ushio Inc.(TSE:6925) dropped from FTSE All-World Index (USD)
Buy Or Sell Opportunity • Aug 20Now 20% undervaluedOver the last 90 days, the stock has risen 21% to JP¥2,086. The fair value is estimated to be JP¥2,622, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 3.4% in 2 years. Earnings are forecast to grow by 198% in the next 2 years.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,123, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Electrical industry in Japan. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,622 per share.
Reported Earnings • Aug 07First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: JP¥32.06 loss per share (down from JP¥2.92 profit in 1Q 2025). Revenue: JP¥38.4b (up 2.2% from 1Q 2025). Net loss: JP¥2.83b (down JP¥3.12b from profit in 1Q 2025). Revenue exceeded analyst estimates by 7.7%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Aug 05Ushio Inc. (TSE:6925) announces an Equity Buyback for 15,000,000 shares, representing 17.04% for ¥20,000 million.Ushio Inc. (TSE:6925) announces a share repurchase program. Under the program, the company will repurchase up to 15,000,000 shares, representing 17.04% of its issued share capital (excluding treasury stock), for a total purchase price of ¥20,000 million. The purpose of the program is to raise capital efficiency and enable the implementation of an agile capital policy. The program will be valid till April 30, 2026. As of July 31, 2025, the company had 88,046,737 issued shares (excluding treasury stock) and 4,453,263 treasury shares.
分析記事 • Jul 29Ushio Inc. (TSE:6925) Shares Could Be 24% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Ushio fair value estimate is JP¥2,437 Ushio's JP¥1,846 share...
分析記事 • Jul 03We Think That There Are More Issues For Ushio (TSE:6925) Than Just Sluggish EarningsA lackluster earnings announcement from Ushio Inc. ( TSE:6925 ) last week didn't sink the stock price. Our analysis...
お知らせ • Jun 26Ushio Inc. Provides Earnings Guidance for the First Quarter Ending June 30, 2025Ushio Inc. provided earnings guidance for the first quarter ending June 30, 2025. For the quarter, the company expects extraordinary loss. Due to the special lump-sum severance payment and outplacement expenses incurred as a result of Expansion of Second Life Support Program and Special Offering, it is expected that approximately JPY 2.1 billion of business restructuring expenses will be recorded in both consolidated and standalone financial statements. Certain overseas consolidated subsidiaries are reviewing their organizational management, including personnel reductions, to transform these entities from low-profit structures into business units that contribute to the overall group's profitability through fundamental improvements in their earnings structure. As related expenses such as severance costs, approximately JPY 1 billion in business restructuring expenses are expected to be recorded in the consolidated financial statements.
New Risk • May 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 127% Dividend yield: 4.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 127% Minor Risk Profit margins are more than 30% lower than last year (3.8% net profit margin).
Major Estimate Revision • May 20Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥180.6b to JP¥172.8b. EPS estimate also fell from JP¥109 per share to JP¥83.90 per share. Net income forecast to grow 11% next year vs 4.6% growth forecast for Electrical industry in Japan. Consensus price target down from JP¥2,108 to JP¥1,925. Share price fell 6.8% to JP¥1,709 over the past week.
分析記事 • May 16Earnings Release: Here's Why Analysts Cut Their Ushio Inc. (TSE:6925) Price Target To JP¥1,925Ushio Inc. ( TSE:6925 ) shareholders are probably feeling a little disappointed, since its shares fell 3.9% to JP¥1,704...
Reported Earnings • May 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥70.27 (down from JP¥97.22 in FY 2024). Revenue: JP¥177.6b (down 1.0% from FY 2024). Net income: JP¥6.80b (down 37% from FY 2024). Profit margin: 3.8% (down from 6.0% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
New Risk • May 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 6.0% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.8% net profit margin).
お知らせ • May 13Ushio Inc., Annual General Meeting, Jun 27, 2025Ushio Inc., Annual General Meeting, Jun 27, 2025.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,560, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Electrical industry in Japan. Total returns to shareholders of 5.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥706 per share.
分析記事 • Mar 28Is Ushio (TSE:6925) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 28 June 2025. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%).
分析記事 • Feb 11Ushio Inc. Just Beat EPS By 315%: Here's What Analysts Think Will Happen NextAs you might know, Ushio Inc. ( TSE:6925 ) recently reported its quarterly numbers. It looks to have been a decent...
Reported Earnings • Feb 08Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: JP¥36.12 (down from JP¥40.81 in 3Q 2024). Revenue: JP¥42.5b (down 11% from 3Q 2024). Net income: JP¥3.44b (down 22% from 3Q 2024). Profit margin: 8.1% (down from 9.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
分析記事 • Feb 08Ushio (TSE:6925) Is Increasing Its Dividend To ¥70.00Ushio Inc. ( TSE:6925 ) will increase its dividend from last year's comparable payment on the 28th of June to ¥70.00...
お知らせ • Feb 07+ 3 more updatesUshio Inc. to Report Q2, 2026 Results on Nov 06, 2025Ushio Inc. announced that they will report Q2, 2026 results on Nov 06, 2025
分析記事 • Jan 20Ushio's (TSE:6925) Upcoming Dividend Will Be Larger Than Last Year'sUshio Inc.'s ( TSE:6925 ) dividend will be increasing from last year's payment of the same period to ¥70.00 on 28th of...
分析記事 • Jan 06Ushio's (TSE:6925) Dividend Will Be Increased To ¥70.00Ushio Inc. ( TSE:6925 ) has announced that it will be increasing its dividend from last year's comparable payment on...
Declared Dividend • Jan 06Dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 28th March 2025 Payment date: 28th June 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Nov 27We Think Ushio's (TSE:6925) Healthy Earnings Might Be ConservativeUshio Inc.'s ( TSE:6925 ) solid earnings announcement recently didn't do much to the stock price. We did some analysis...
分析記事 • Nov 08Ushio Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsA week ago, Ushio Inc. ( TSE:6925 ) came out with a strong set of half-yearly numbers that could potentially lead to a...
Reported Earnings • Nov 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: JP¥20.28 (down from JP¥21.64 in 2Q 2024). Revenue: JP¥48.1b (up 5.2% from 2Q 2024). Net income: JP¥2.01b (down 19% from 2Q 2024). Profit margin: 4.2% (down from 5.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 93%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
Major Estimate Revision • Nov 07Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥49.63 to JP¥62.48. Revenue forecast steady at JP¥175.9b. Net income forecast to shrink 19% next year vs 5.7% growth forecast for Electrical industry in Japan . Consensus price target up from JP¥1,950 to JP¥2,117. Share price was steady at JP¥2,141 over the past week.
分析記事 • Oct 22Risks To Shareholder Returns Are Elevated At These Prices For Ushio Inc. (TSE:6925)With a price-to-earnings (or "P/E") ratio of 21.5x Ushio Inc. ( TSE:6925 ) may be sending very bearish signals at the...
分析記事 • Oct 01Is There Now An Opportunity In Ushio Inc. (TSE:6925)?Ushio Inc. ( TSE:6925 ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the...
Reported Earnings • Aug 06First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥2.92 (down from JP¥15.35 in 1Q 2024). Revenue: JP¥37.5b (down 4.4% from 1Q 2024). Net income: JP¥297.0m (down 83% from 1Q 2024). Profit margin: 0.8% (down from 4.6% in 1Q 2024). Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 81%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% 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¥1,801, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 12x in the Electrical industry in Japan. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,016 per share.
分析記事 • Jul 25Returns On Capital Are Showing Encouraging Signs At Ushio (TSE:6925)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Reported Earnings • May 18Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥97.22 (down from JP¥116 in FY 2023). Revenue: JP¥179.4b (up 2.5% from FY 2023). Net income: JP¥10.8b (down 21% from FY 2023). Profit margin: 6.0% (down from 7.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • May 17Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥183.5b to JP¥177.2b. EPS estimate also fell from JP¥95.45 per share to JP¥81.52 per share. Net income forecast to shrink 1.1% next year vs 0.8% growth forecast for Electrical industry in Japan . Consensus price target down from JP¥2,025 to JP¥1,950. Share price fell 4.3% to JP¥1,996 over the past week.
お知らせ • May 16+ 3 more updatesUshio Inc., Annual General Meeting, Jun 27, 2024Ushio Inc., Annual General Meeting, Jun 27, 2024.
お知らせ • May 15Ushio Inc. (TSE:6925) announces an Equity Buyback for 20,000,000 shares, representing 19.53% for ¥30,000 million.Ushio Inc. (TSE:6925) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 17% of its issued share capital (excluding treasury stock), for a total purchase price of ¥30,000 million. The purpose of the program is to enable improvement of capital efficiency and agile execution of capital policy. The program will be valid till April 30, 2025. As of April 30, 2024, the company had 102,428,003 issued shares (excluding treasury stock) and 5,071,997 treasury shares.
分析記事 • Apr 26Is Ushio (TSE:6925) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • Mar 25Ushio (TSE:6925) Is Due To Pay A Dividend Of ¥50.00Ushio Inc. ( TSE:6925 ) will pay a dividend of ¥50.00 on the 1st of July. The dividend yield will be 2.5% based on this...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.8%).
分析記事 • Mar 12A Look At The Fair Value Of Ushio Inc. (TSE:6925)Key Insights Ushio's estimated fair value is JP¥2,012 based on 2 Stage Free Cash Flow to Equity Current share price of...
Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥40.81 (up from JP¥21.78 in 3Q 2023). Revenue: JP¥47.5b (up 18% from 3Q 2023). Net income: JP¥4.43b (up 73% from 3Q 2023). Profit margin: 9.3% (up from 6.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 61%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Electrical 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 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09+ 1 more updateUshio Inc. Revises Consolidated Earnings Guidance for the Full Year Ending March 31, 2024Ushio Inc. revised consolidated earnings guidance for the full year ending March 31, 2024. For the year, the company now expects net sales of ¥178,000 million against previous guidance of ¥188,000 million; Operating profit is now expected to be ¥12,500 million against previous guidance of ¥12,500 million; Profit attributable to owners of parent is now expected to be ¥10,000 million against previous guidance of ¥10,000 million. Basic earnings per share is now expected to be ¥90.58 against previous guidance of ¥90.58.
お知らせ • Jan 11Ushio Inc. Approves Chief Executive Officer Changes, Effective April 1, 2024USHIO INC. announced that, at the board of directors meeting held on January 10, 2024, approved change the new management structure: Takabumi Asahi, Director, Managing Executive Officer, Chief Financial Officer as Chief Executive Officer; Koji Naito, Chief Executive Officer as Director, Senior Adviser. Scheduled Date for the Change April 1, 2024. Career History of the Takabumi Asahi: Date of Birth August 28,1964 (59 years old); Education Mar. 1987 Bachelor of Engineering, Synthetic Chemistry, Chiba University; Career: Apr. 1987 Oki Electric Industry Co. Ltd.; Apr. 1998 GM, Oki Semiconductor Taiwan Branch; Apr. 1999 President, Oki Taiwan Inc.; Apr. 2004 GM, North America, Sales and Marketing Dept. Silicon Solutions Company, Oki Electric Industry Co. Ltd.; Apr. 2007 President and CEO, Oki Semiconductor Americas Company; Oct. 2008 President and CEO, Oki Electric Americas Inc.; Aug. 2009 President and CEO, Oki Data Americas Inc.; Oct. 2015 GM, Overseas Sales and Marketing Center, Marketing Dept. Oki Data Inc.; Oct. 2015 Deputy GM, Marketing Dept. Oki Data Inc.; Apr. 2017 Joined Ushio Inc. Deputy General Manager, Corporate Headquarters; Apr. 2018 Executive Officer Deputy General Manager, Corporate Headquarters and General Manager, Corporate Strategy Division, Corporate Headquarters; Apr. 2019 Senior Executive Officer General Manager, Corporate Headquarters (incumbent); Apr. 2022 Director, Managing Executive Officer and Chief Financial Officer (incumbent).
Reported Earnings • Nov 07Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥21.64 (down from JP¥47.84 in 2Q 2023). Revenue: JP¥45.7b (down 5.2% from 2Q 2023). Net income: JP¥2.47b (down 56% from 2Q 2023). Profit margin: 5.4% (down from 12% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 28Ushio Inc. to Report Q3, 2024 Results on Feb 09, 2024Ushio Inc. announced that they will report Q3, 2024 results on Feb 09, 2024
お知らせ • Sep 15Ushio Inc. to Report Q2, 2024 Results on Nov 06, 2023Ushio Inc. announced that they will report Q2, 2024 results on Nov 06, 2023
Reported Earnings • Aug 08First quarter 2024 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2024 results: EPS: JP¥15.35 (down from JP¥32.17 in 1Q 2023). Revenue: JP¥39.3b (down 1.1% from 1Q 2023). Net income: JP¥1.79b (down 54% from 1Q 2023). Profit margin: 4.6% (down from 9.7% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • May 31Ushio Inc. to Report Q1, 2024 Results on Aug 07, 2023Ushio Inc. announced that they will report Q1, 2024 results on Aug 07, 2023
Reported Earnings • May 13Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥116 (up from JP¥105 in FY 2022). Revenue: JP¥175.0b (up 18% from FY 2022). Net income: JP¥13.7b (up 8.7% from FY 2022). Profit margin: 7.8% (down from 8.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% 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 • May 12+ 2 more updatesUshio Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2024Ushio Inc. provided consolidated earnings forecast for the fiscal year ending March 31, 2024. For the full year, the company expected net sales to be JPY 188,000 million, Operating profit to be JPY 12,500 million, Profit attributable to owners of parent to be JPY 10,000 million and basic earnings per share to be JPY 90.58.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).
Major Estimate Revision • Feb 10Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥128 to JP¥114. Revenue forecast unchanged from JP¥170.4b at last update. Net income forecast to shrink 9.1% next year vs 5.3% growth forecast for Electrical industry in Japan . Consensus price target down from JP¥2,630 to JP¥2,200. Share price fell 9.1% to JP¥1,556 over the past week.
Reported Earnings • Feb 04Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: JP¥21.78 (down from JP¥30.53 in 3Q 2022). Revenue: JP¥40.4b (up 6.0% from 3Q 2022). Net income: JP¥2.57b (down 30% from 3Q 2022). Profit margin: 6.4% (down from 9.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 04+ 1 more updateUshio Inc. Revises Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023Ushio Inc. revised consolidated earnings forecast for the fiscal year ending March 31, 2023. For the full year, the company expected net sales to be JPY 170,000 million, Operating profit to be JPY 15,000 million, Profit attributable to owners of parent to be JPY 13,000 million and basic earnings per share to be JPY 109.78 as compared to net sales of JPY 170,000 million, Operating profit of JPY 17,000 million, Profit attributable to owners of parent of JPY 14,000 million and basic earnings per share of JPY 117.79 as previously forecasted.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Outside Independent Director Matsuzaki Masatoshi was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
