View ValuationCTI Engineering 将来の成長Future 基準チェック /06現在、 CTI Engineeringの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Construction 収益成長4.7%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報お知らせ • Nov 24CTI Engineering Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year 2023CTI Engineering Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year 2023. For the period, the company revised on consolidated basis: sales to be JPY 91,000 million from JPY 87,000 million previous guidance, operating income to be JPY 9,700 million from JPY 8,500 million previous guidance, net income attributable to owners of the parent to be JPY 7,000 million from JPY 6,300 million previous guidance and net income per share to be JPY 503.67 from JPY 453.30 previous guidance.For the period, the company revised on non consolidated basis: sales to be JPY 57,000 million from JPY 55,000 million previous guidance, net income to be JPY 6,500 million from JPY 5,800 million previous guidance and net income per share to be JPY 468.82 from JPY 417.32 previous guidance.すべての更新を表示Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: JP¥163 (vs JP¥140 in 1Q 2025)First quarter 2026 results: EPS: JP¥163 (up from JP¥140 in 1Q 2025). Revenue: JP¥32.0b (up 6.2% from 1Q 2025). Net income: JP¥4.46b (up 15% from 1Q 2025). Profit margin: 14% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026CTI Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026.Reported Earnings • Feb 14Full year 2025 earnings released: EPS: JP¥214 (vs JP¥243 in FY 2024)Full year 2025 results: EPS: JP¥214 (down from JP¥243 in FY 2024). Revenue: JP¥101.0b (up 3.4% from FY 2024). Net income: JP¥5.95b (down 12% from FY 2024). Profit margin: 5.9% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.お知らせ • Feb 14+ 2 more updatesCTI Engineering Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026CTI Engineering Co., Ltd. provided year-end dividend guidance for the Fiscal year ending December 31, 2026. For the year end, the company expects dividend of JPY 78.00 per share against JPY 75.00 per share paid last year.分析記事 • Feb 12Is CTI Engineering (TSE:9621) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Buy Or Sell Opportunity • Feb 09Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥3,230. The fair value is estimated to be JP¥2,651, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years, while earnings per share has been flat.Upcoming Dividend • Dec 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥19.14 (vs JP¥13.80 in 3Q 2024)Third quarter 2025 results: EPS: JP¥19.14 (up from JP¥13.80 in 3Q 2024). Revenue: JP¥22.5b (up 4.8% from 3Q 2024). Net income: JP¥532.0m (up 39% from 3Q 2024). Profit margin: 2.4% (up from 1.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.お知らせ • Oct 29CTI Engineering Co., Ltd. to Report Q3, 2025 Results on Nov 12, 2025CTI Engineering Co., Ltd. announced that they will report Q3, 2025 results on Nov 12, 2025Declared Dividend • Aug 14Dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.5%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (143% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 13Second quarter 2025 earnings released: JP¥4.03 loss per share (vs JP¥16.07 profit in 2Q 2024)Second quarter 2025 results: JP¥4.03 loss per share (down from JP¥16.07 profit in 2Q 2024). Revenue: JP¥20.7b (down 4.0% from 2Q 2024). Net loss: JP¥112.0m (down 125% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 20CTI Engineering Co., Ltd. to Report Q2, 2025 Results on Aug 12, 2025CTI Engineering Co., Ltd. announced that they will report Q2, 2025 results on Aug 12, 2025New 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: 6.3% Last year net profit margin: 9.4% 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 Dividend is not well covered by cash flows (143% cash payout ratio). Profit margins are more than 30% lower than last year (6.3% net profit margin).お知らせ • Mar 27CTI Engineering Co., Ltd. to Report Q1, 2025 Results on May 13, 2025CTI Engineering Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025お知らせ • Feb 17CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2025CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2025.Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥486 (vs JP¥271 in FY 2023)Full year 2024 results: EPS: JP¥486. Revenue: JP¥97.7b (up 5.0% from FY 2023). Net income: JP¥6.75b (down 11% from FY 2023). Profit margin: 6.9% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses.お知らせ • Jan 03CTI Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025CTI Engineering Co., Ltd. announced that they will report fiscal year 2024 results at 12:00 PM, Tokyo Standard Time on Feb 14, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%).分析記事 • Nov 17CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: JP¥27.59 (vs JP¥60.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.59 (down from JP¥60.08 in 3Q 2023). Revenue: JP¥21.5b (flat on 3Q 2023). Net income: JP¥383.0m (down 54% from 3Q 2023). Profit margin: 1.8% (down from 3.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year.分析記事 • Oct 30CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...お知らせ • Oct 29CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire Hiroken Consultants Co.,Ltd. from Kazuhiro Motohiro.CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire Hiroken Consultants Co.,Ltd. from Kazuhiro Motohiro on October 29, 2024. For the period ending March 31, 2024, Hiroken Consultants Co.,Ltd. reported total revenue of ¥1.59 billion and EBIT of ¥296.38 million. As of March 31, 2024, Hiroken Consultants Co.,Ltd. reported total assets of ¥3.28 billion and total common equity of ¥2.7 billion. The transaction is expected to complete on November 12, 2024.分析記事 • Oct 16CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...分析記事 • Oct 02CTI Engineering (TSE:9621) Has Affirmed Its Dividend Of ¥150.00CTI Engineering Co., Ltd.'s ( TSE:9621 ) investors are due to receive a payment of ¥150.00 per share on 27th of March...お知らせ • Oct 02CTI Engineering Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024CTI Engineering Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥32.14 (vs JP¥182 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.14 (down from JP¥182 in 2Q 2023). Revenue: JP¥21.6b (down 5.7% from 2Q 2023). Net income: JP¥446.0m (down 82% from 2Q 2023). Profit margin: 2.1% (down from 11% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.分析記事 • Aug 15CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) will pay a dividend of ¥150.00 on the 27th of March. This payment means that the...Declared Dividend • Aug 15Dividend of JP¥150 announcedDividend of JP¥150 is the same as last year. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (23% 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 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥3,915, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 84% over the past three years.お知らせ • Jun 30CTI Engineering Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024CTI Engineering Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024お知らせ • May 29CTI Engineering Co., Ltd. Provides Year-End Dividend for the Fiscal Year Ending December 31, 2024CTI Engineering Co., Ltd. provided year-end dividend for the fiscal year ending December 31, 2024. For the period, the company expects to pay year-end dividend of JPY 150.00 per share compared to JPY 150.00 per share paid a year ago.Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥320 (vs JP¥198 in 1Q 2023)First quarter 2024 results: EPS: JP¥320 (up from JP¥198 in 1Q 2023). Revenue: JP¥29.2b (up 18% from 1Q 2023). Net income: JP¥4.44b (up 60% from 1Q 2023). Profit margin: 15% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 27% per year.分析記事 • Apr 02CTI Engineering's (TSE:9621) Earnings Are Weaker Than They SeemDespite announcing strong earnings, CTI Engineering Co., Ltd.'s ( TSE:9621 ) stock was sluggish. We think that the...お知らせ • Apr 02CTI Engineering Co., Ltd., Annual General Meeting, Apr 26, 2024CTI Engineering Co., Ltd., Annual General Meeting, Apr 26, 2024, at 10:00 Tokyo Standard Time. Location: Tokyo-Nihonbashi tower 5F, 2-7-1 Nihonbashi, Chuo-ku Tokyo-to Bellesalle Tokyo Nihonbashi Room 10 + 11 Tokyo Japan Agenda: To consider Business Report, Consolidated Financial Statements for the Company's 61 Fiscal Year (January 1, 2023-December 31, 2023) and results of audits of Consolidated Financial Statements by Accounting Auditor and Board of Auditors; and to consider Non-consolidated Financial Statements for the Company s 61st Fiscal Year January 1, 2023-December 31, 2023.お知らせ • Mar 28CTI Engineering Co., Ltd. to Report Q1, 2024 Results on May 13, 2024CTI Engineering Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024Reported Earnings • Mar 28Full year 2023 earnings: EPS in line with expectations, revenues disappointFull year 2023 results: EPS: JP¥542 (up from JP¥415 in FY 2022). Revenue: JP¥93.1b (up 12% from FY 2022). Net income: JP¥7.53b (up 28% from FY 2022). Profit margin: 8.1% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year.お知らせ • Feb 22CTI Engineering Co., Ltd., Annual General Meeting, Mar 26, 2024CTI Engineering Co., Ltd., Annual General Meeting, Mar 26, 2024, at 10:00 Tokyo Standard Time. Location: Banquet Room Fuji-Higashi no ma, 4F, Hotel Grand Arc Hanzomon located at 1-1, Hayabusa-cho, Chiyoda-ku Tokyo Japan Agenda: To consider Business Report, Consolidated Financial Statements for the Company's 61 Fiscal Year (January 1, 2023-December 31, 2023) and results of audits of Consolidated Financial Statements by Accounting Auditor and Board of Auditors; and to consider Non-consolidated Financial Statements for the Company s 61st Fiscal Year January 1, 2023-December 31, 2023.お知らせ • Dec 28CTI Engineering Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024CTI Engineering Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥150 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (3.2%).お知らせ • Nov 24CTI Engineering Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year 2023CTI Engineering Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year 2023. For the period, the company revised on consolidated basis: sales to be JPY 91,000 million from JPY 87,000 million previous guidance, operating income to be JPY 9,700 million from JPY 8,500 million previous guidance, net income attributable to owners of the parent to be JPY 7,000 million from JPY 6,300 million previous guidance and net income per share to be JPY 503.67 from JPY 453.30 previous guidance.For the period, the company revised on non consolidated basis: sales to be JPY 57,000 million from JPY 55,000 million previous guidance, net income to be JPY 6,500 million from JPY 5,800 million previous guidance and net income per share to be JPY 468.82 from JPY 417.32 previous guidance.Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: JP¥60.08 (vs JP¥50.92 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.08 (up from JP¥50.92 in 3Q 2022). Revenue: JP¥21.4b (up 9.1% from 3Q 2022). Net income: JP¥833.0m (up 16% from 3Q 2022). Profit margin: 3.9% (up from 3.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 29% per year.お知らせ • Oct 14CTI Engineering Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023CTI Engineering Co., Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: JP¥182 (vs JP¥95.62 in 2Q 2022)Second quarter 2023 results: EPS: JP¥182 (up from JP¥95.62 in 2Q 2022). Revenue: JP¥22.9b (up 25% from 2Q 2022). Net income: JP¥2.52b (up 86% from 2Q 2022). Profit margin: 11% (up from 7.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 31% per year.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥4,100, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 139% over the past three years.お知らせ • Jun 14CTI Engineering Co., Ltd. to Report Q2, 2023 Results on Aug 09, 2023CTI Engineering Co., Ltd. announced that they will report Q2, 2023 results on Aug 09, 2023Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥198 (vs JP¥173 in 1Q 2022)First quarter 2023 results: EPS: JP¥198 (up from JP¥173 in 1Q 2022). Revenue: JP¥24.8b (up 5.2% from 1Q 2022). Net income: JP¥2.77b (up 13% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year and the company’s share price has also increased by 28% per year.Reported Earnings • Apr 01Full year 2022 earnings released: EPS: JP¥415 (vs JP¥316 in FY 2021)Full year 2022 results: EPS: JP¥415 (up from JP¥316 in FY 2021). Revenue: JP¥83.5b (up 12% from FY 2021). Net income: JP¥5.87b (up 31% from FY 2021). Profit margin: 7.0% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 25% per year.Reported Earnings • Feb 20Full year 2022 earnings released: EPS: JP¥415 (vs JP¥316 in FY 2021)Full year 2022 results: EPS: JP¥415 (up from JP¥316 in FY 2021). Revenue: JP¥83.5b (up 12% from FY 2021). Net income: JP¥5.87b (up 31% from FY 2021). Profit margin: 7.0% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 15CTI Engineering Co., Ltd. (TSE:9621) announces an Equity Buyback for 480,000 shares, representing 3.39% for ¥1,000 million.CTI Engineering Co., Ltd. (TSE:9621) announces a share repurchase program. Under the program, the company will repurchase up to 480,000 shares, representing 3.39% of its share capital, for ¥1,000 million. The program is aimed at improving capital efficiency, enhancing shareholder returns, and a transfer system as an incentive for sustainable growth. The program will expire on July 31, 2023. As of December 31, 2022, the company had 14,139,608 shares in issue (excluding treasury stock) and 19,478 shares in treasury.Upcoming Dividend • Dec 22Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.7%).お知らせ • Dec 06CTI Engineering Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023CTI Engineering Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥50.92 (vs JP¥63.65 in 3Q 2021)Third quarter 2022 results: EPS: JP¥50.92 (down from JP¥63.65 in 3Q 2021). Revenue: JP¥19.6b (up 20% from 3Q 2021). Net income: JP¥720.0m (down 20% from 3Q 2021). Profit margin: 3.7% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: JP¥50.92 (vs JP¥63.65 in 3Q 2021)Third quarter 2022 results: EPS: JP¥50.92 (down from JP¥63.65 in 3Q 2021). Revenue: JP¥19.6b (up 20% from 3Q 2021). Net income: JP¥720.0m (down 20% from 3Q 2021). Profit margin: 3.7% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 09CTI Engineering Co., Ltd. to Report Q3, 2022 Results on Nov 10, 2022CTI Engineering Co., Ltd. announced that they will report Q3, 2022 results on Nov 10, 2022Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: JP¥95.61 (vs JP¥144 in 2Q 2021)Second quarter 2022 results: EPS: JP¥95.61 (down from JP¥144 in 2Q 2021). Revenue: JP¥18.3b (down 19% from 2Q 2021). Net income: JP¥1.35b (down 33% from 2Q 2021). Profit margin: 7.4% (down from 9.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • May 29CTI Engineering Co., Ltd. to Report Q2, 2022 Results on Aug 09, 2022CTI Engineering Co., Ltd. announced that they will report Q2, 2022 results on Aug 09, 2022Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥173 (vs JP¥23.06 in 1Q 2021)First quarter 2022 results: EPS: JP¥173 (up from JP¥23.06 in 1Q 2021). Revenue: JP¥23.5b (up 85% from 1Q 2021). Net income: JP¥2.44b (up JP¥2.12b from 1Q 2021). Profit margin: 10% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. No independent directors (11 non-independent directors). Director Fumiko Kosao was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Apr 14CTI Engineering Co., Ltd. to Report Q1, 2022 Results on May 11, 2022CTI Engineering Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥316 (up from JP¥258 in FY 2020). Revenue: JP¥74.4b (up 14% from FY 2020). Net income: JP¥4.47b (up 23% from FY 2020). Profit margin: 6.0% (up from 5.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 24, 2022CTI Engineering Co., Ltd., Annual General Meeting, Mar 24, 2022.Upcoming Dividend • Dec 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.3%).Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS JP¥63.64 (vs JP¥54.95 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥16.4b (up 6.8% from 3Q 2020). Net income: JP¥900.0m (up 16% from 3Q 2020). Profit margin: 5.5% (up from 5.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 14First quarter 2021 earnings released: EPS JP¥23.06 (vs JP¥4.95 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥12.7b (up 11% from 1Q 2020). Net income: JP¥326.0m (up 366% from 1Q 2020). Profit margin: 2.6% (up from 0.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2020 earnings released: EPS JP¥258 (vs JP¥199 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥65.2b (up 4.1% from FY 2019). Net income: JP¥3.65b (up 30% from FY 2019). Profit margin: 5.6% (up from 4.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2021CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2021.Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥258 (vs JP¥199 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥65.2b (up 4.1% from FY 2019). Net income: JP¥3.65b (up 30% from FY 2019). Profit margin: 5.6% (up from 4.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 24% per year.Is New 90 Day High Low • Jan 20New 90-day high: JP¥2,398The company is up 28% from its price of JP¥1,868 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 7.0% over the same period.お知らせ • Dec 24CTI Engineering Co., Ltd. to Report Fiscal Year 2020 Results on Feb 12, 2021CTI Engineering Co., Ltd. announced that they will report fiscal year 2020 results on Feb 12, 2021Is New 90 Day High Low • Dec 24New 90-day high: JP¥2,331The company is up 16% from its price of JP¥2,015 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 3.0% over the same period.お知らせ • Oct 10CTI Engineering Co., Ltd. to Report Q3, 2020 Results on Nov 10, 2020CTI Engineering Co., Ltd. announced that they will report Q3, 2020 results on Nov 10, 2020お知らせ • Jul 31CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire remaining 30% stake in CTI Engineering International Co., Ltd.CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire remaining 30% stake in CTI Engineering International Co., Ltd. on July 28, 2020. Date of conclusion of share transfer agreement is early to mid-august, 2020. Post completion, CTI Engineering International Co., Ltd. will become wholly owned subsidiary of CTI Engineering Co., Ltd. Transaction is expected to be completed at the end of August, 2020. The impact of acquisition on CTI Engineering Co., Ltd. consolidated business results is immaterial.お知らせ • Jun 29CTI Engineering Co., Ltd. to Report Q2, 2020 Results on Aug 11, 2020CTI Engineering Co., Ltd. announced that they will report Q2, 2020 results on Aug 11, 2020 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、CTI Engineering は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TSE:9621 - 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3/31/2026102,9056,521N/AN/AN/A12/31/2025101,0385,9524,4705,768N/A9/30/202598,7515,791N/AN/AN/A6/30/202597,7265,6423,8515,022N/A3/31/202598,5996,200N/AN/AN/A12/31/202497,6786,7461,4582,410N/A9/30/202496,2396,678N/AN/AN/A6/30/202496,1807,128-1,149-185N/A3/31/202497,4869,201N/AN/AN/A12/31/202393,0577,534-96874N/A9/30/202391,0547,480N/AN/AN/A6/30/202389,2647,3672,7523,552N/A3/31/202384,7076,200N/AN/AN/A12/31/202283,4855,8743,1443,804N/A9/30/202284,2535,732N/AN/AN/A6/30/202281,0315,9128,0228,647N/A3/31/202285,2066,589N/AN/AN/A12/31/202174,4094,4714,7835,344N/A9/30/202169,3694,332N/AN/AN/A6/30/202168,3194,2095,9596,450N/A3/31/202166,4023,906N/AN/AN/A12/31/202065,1903,6508,0508,687N/A9/30/202063,8413,218N/AN/AN/A6/30/202062,2772,8974,0344,944N/A3/31/202062,8452,826N/AN/AN/A12/31/201962,6492,808N/A4,798N/A9/30/201960,6472,744N/AN/AN/A6/30/201959,7212,299N/A5,762N/A3/31/201958,8802,086N/AN/AN/A12/31/201858,4431,893N/A1,873N/A9/30/201858,4881,997N/AN/AN/A6/30/201857,8102,012N/A2,560N/A3/31/201852,6111,469N/AN/AN/A12/31/201749,3011,615N/A2,834N/A9/30/201745,5301,298N/AN/AN/A6/30/201742,5601,453N/A1,831N/A3/31/201742,0981,475N/AN/AN/A12/31/201642,0331,447N/A-201N/A9/30/201640,8581,326N/AN/AN/A6/30/201640,8251,453N/A-599N/A3/31/201639,9321,465N/AN/AN/A12/31/201540,2201,633N/A1,613N/A9/30/201540,0711,535N/AN/AN/A6/30/201540,1921,455N/A1,550N/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: 9621の予測収益成長が 貯蓄率 ( 0.8% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 9621の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 9621の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 9621の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 9621の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。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: 9621の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘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2026/05/20 01:08終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31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CTI Engineering Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Eiki MurayamaMizuho Securities Co., Ltd.null nullStorm Research LimitedOsamu KamadaTokai Tokyo Intelligence Laboratory Co., Ltd.
お知らせ • Nov 24CTI Engineering Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year 2023CTI Engineering Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year 2023. For the period, the company revised on consolidated basis: sales to be JPY 91,000 million from JPY 87,000 million previous guidance, operating income to be JPY 9,700 million from JPY 8,500 million previous guidance, net income attributable to owners of the parent to be JPY 7,000 million from JPY 6,300 million previous guidance and net income per share to be JPY 503.67 from JPY 453.30 previous guidance.For the period, the company revised on non consolidated basis: sales to be JPY 57,000 million from JPY 55,000 million previous guidance, net income to be JPY 6,500 million from JPY 5,800 million previous guidance and net income per share to be JPY 468.82 from JPY 417.32 previous guidance.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: JP¥163 (vs JP¥140 in 1Q 2025)First quarter 2026 results: EPS: JP¥163 (up from JP¥140 in 1Q 2025). Revenue: JP¥32.0b (up 6.2% from 1Q 2025). Net income: JP¥4.46b (up 15% from 1Q 2025). Profit margin: 14% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026CTI Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026.
Reported Earnings • Feb 14Full year 2025 earnings released: EPS: JP¥214 (vs JP¥243 in FY 2024)Full year 2025 results: EPS: JP¥214 (down from JP¥243 in FY 2024). Revenue: JP¥101.0b (up 3.4% from FY 2024). Net income: JP¥5.95b (down 12% from FY 2024). Profit margin: 5.9% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
お知らせ • Feb 14+ 2 more updatesCTI Engineering Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026CTI Engineering Co., Ltd. provided year-end dividend guidance for the Fiscal year ending December 31, 2026. For the year end, the company expects dividend of JPY 78.00 per share against JPY 75.00 per share paid last year.
分析記事 • Feb 12Is CTI Engineering (TSE:9621) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Buy Or Sell Opportunity • Feb 09Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥3,230. The fair value is estimated to be JP¥2,651, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years, while earnings per share has been flat.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥19.14 (vs JP¥13.80 in 3Q 2024)Third quarter 2025 results: EPS: JP¥19.14 (up from JP¥13.80 in 3Q 2024). Revenue: JP¥22.5b (up 4.8% from 3Q 2024). Net income: JP¥532.0m (up 39% from 3Q 2024). Profit margin: 2.4% (up from 1.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
お知らせ • Oct 29CTI Engineering Co., Ltd. to Report Q3, 2025 Results on Nov 12, 2025CTI Engineering Co., Ltd. announced that they will report Q3, 2025 results on Nov 12, 2025
Declared Dividend • Aug 14Dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.5%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (143% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 13Second quarter 2025 earnings released: JP¥4.03 loss per share (vs JP¥16.07 profit in 2Q 2024)Second quarter 2025 results: JP¥4.03 loss per share (down from JP¥16.07 profit in 2Q 2024). Revenue: JP¥20.7b (down 4.0% from 2Q 2024). Net loss: JP¥112.0m (down 125% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 20CTI Engineering Co., Ltd. to Report Q2, 2025 Results on Aug 12, 2025CTI Engineering Co., Ltd. announced that they will report Q2, 2025 results on Aug 12, 2025
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: 6.3% Last year net profit margin: 9.4% 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 Dividend is not well covered by cash flows (143% cash payout ratio). Profit margins are more than 30% lower than last year (6.3% net profit margin).
お知らせ • Mar 27CTI Engineering Co., Ltd. to Report Q1, 2025 Results on May 13, 2025CTI Engineering Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
お知らせ • Feb 17CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2025CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2025.
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥486 (vs JP¥271 in FY 2023)Full year 2024 results: EPS: JP¥486. Revenue: JP¥97.7b (up 5.0% from FY 2023). Net income: JP¥6.75b (down 11% from FY 2023). Profit margin: 6.9% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses.
お知らせ • Jan 03CTI Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025CTI Engineering Co., Ltd. announced that they will report fiscal year 2024 results at 12:00 PM, Tokyo Standard Time on Feb 14, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%).
分析記事 • Nov 17CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: JP¥27.59 (vs JP¥60.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.59 (down from JP¥60.08 in 3Q 2023). Revenue: JP¥21.5b (flat on 3Q 2023). Net income: JP¥383.0m (down 54% from 3Q 2023). Profit margin: 1.8% (down from 3.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year.
分析記事 • Oct 30CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...
お知らせ • Oct 29CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire Hiroken Consultants Co.,Ltd. from Kazuhiro Motohiro.CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire Hiroken Consultants Co.,Ltd. from Kazuhiro Motohiro on October 29, 2024. For the period ending March 31, 2024, Hiroken Consultants Co.,Ltd. reported total revenue of ¥1.59 billion and EBIT of ¥296.38 million. As of March 31, 2024, Hiroken Consultants Co.,Ltd. reported total assets of ¥3.28 billion and total common equity of ¥2.7 billion. The transaction is expected to complete on November 12, 2024.
分析記事 • Oct 16CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...
分析記事 • Oct 02CTI Engineering (TSE:9621) Has Affirmed Its Dividend Of ¥150.00CTI Engineering Co., Ltd.'s ( TSE:9621 ) investors are due to receive a payment of ¥150.00 per share on 27th of March...
お知らせ • Oct 02CTI Engineering Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024CTI Engineering Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥32.14 (vs JP¥182 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.14 (down from JP¥182 in 2Q 2023). Revenue: JP¥21.6b (down 5.7% from 2Q 2023). Net income: JP¥446.0m (down 82% from 2Q 2023). Profit margin: 2.1% (down from 11% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.
分析記事 • Aug 15CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) will pay a dividend of ¥150.00 on the 27th of March. This payment means that the...
Declared Dividend • Aug 15Dividend of JP¥150 announcedDividend of JP¥150 is the same as last year. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (23% 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 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥3,915, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 84% over the past three years.
お知らせ • Jun 30CTI Engineering Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024CTI Engineering Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
お知らせ • May 29CTI Engineering Co., Ltd. Provides Year-End Dividend for the Fiscal Year Ending December 31, 2024CTI Engineering Co., Ltd. provided year-end dividend for the fiscal year ending December 31, 2024. For the period, the company expects to pay year-end dividend of JPY 150.00 per share compared to JPY 150.00 per share paid a year ago.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥320 (vs JP¥198 in 1Q 2023)First quarter 2024 results: EPS: JP¥320 (up from JP¥198 in 1Q 2023). Revenue: JP¥29.2b (up 18% from 1Q 2023). Net income: JP¥4.44b (up 60% from 1Q 2023). Profit margin: 15% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 27% per year.
分析記事 • Apr 02CTI Engineering's (TSE:9621) Earnings Are Weaker Than They SeemDespite announcing strong earnings, CTI Engineering Co., Ltd.'s ( TSE:9621 ) stock was sluggish. We think that the...
お知らせ • Apr 02CTI Engineering Co., Ltd., Annual General Meeting, Apr 26, 2024CTI Engineering Co., Ltd., Annual General Meeting, Apr 26, 2024, at 10:00 Tokyo Standard Time. Location: Tokyo-Nihonbashi tower 5F, 2-7-1 Nihonbashi, Chuo-ku Tokyo-to Bellesalle Tokyo Nihonbashi Room 10 + 11 Tokyo Japan Agenda: To consider Business Report, Consolidated Financial Statements for the Company's 61 Fiscal Year (January 1, 2023-December 31, 2023) and results of audits of Consolidated Financial Statements by Accounting Auditor and Board of Auditors; and to consider Non-consolidated Financial Statements for the Company s 61st Fiscal Year January 1, 2023-December 31, 2023.
お知らせ • Mar 28CTI Engineering Co., Ltd. to Report Q1, 2024 Results on May 13, 2024CTI Engineering Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024
Reported Earnings • Mar 28Full year 2023 earnings: EPS in line with expectations, revenues disappointFull year 2023 results: EPS: JP¥542 (up from JP¥415 in FY 2022). Revenue: JP¥93.1b (up 12% from FY 2022). Net income: JP¥7.53b (up 28% from FY 2022). Profit margin: 8.1% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year.
お知らせ • Feb 22CTI Engineering Co., Ltd., Annual General Meeting, Mar 26, 2024CTI Engineering Co., Ltd., Annual General Meeting, Mar 26, 2024, at 10:00 Tokyo Standard Time. Location: Banquet Room Fuji-Higashi no ma, 4F, Hotel Grand Arc Hanzomon located at 1-1, Hayabusa-cho, Chiyoda-ku Tokyo Japan Agenda: To consider Business Report, Consolidated Financial Statements for the Company's 61 Fiscal Year (January 1, 2023-December 31, 2023) and results of audits of Consolidated Financial Statements by Accounting Auditor and Board of Auditors; and to consider Non-consolidated Financial Statements for the Company s 61st Fiscal Year January 1, 2023-December 31, 2023.
お知らせ • Dec 28CTI Engineering Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024CTI Engineering Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥150 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (3.2%).
お知らせ • Nov 24CTI Engineering Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year 2023CTI Engineering Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year 2023. For the period, the company revised on consolidated basis: sales to be JPY 91,000 million from JPY 87,000 million previous guidance, operating income to be JPY 9,700 million from JPY 8,500 million previous guidance, net income attributable to owners of the parent to be JPY 7,000 million from JPY 6,300 million previous guidance and net income per share to be JPY 503.67 from JPY 453.30 previous guidance.For the period, the company revised on non consolidated basis: sales to be JPY 57,000 million from JPY 55,000 million previous guidance, net income to be JPY 6,500 million from JPY 5,800 million previous guidance and net income per share to be JPY 468.82 from JPY 417.32 previous guidance.
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: JP¥60.08 (vs JP¥50.92 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.08 (up from JP¥50.92 in 3Q 2022). Revenue: JP¥21.4b (up 9.1% from 3Q 2022). Net income: JP¥833.0m (up 16% from 3Q 2022). Profit margin: 3.9% (up from 3.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 29% per year.
お知らせ • Oct 14CTI Engineering Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023CTI Engineering Co., Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023
New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: JP¥182 (vs JP¥95.62 in 2Q 2022)Second quarter 2023 results: EPS: JP¥182 (up from JP¥95.62 in 2Q 2022). Revenue: JP¥22.9b (up 25% from 2Q 2022). Net income: JP¥2.52b (up 86% from 2Q 2022). Profit margin: 11% (up from 7.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 31% per year.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥4,100, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 139% over the past three years.
お知らせ • Jun 14CTI Engineering Co., Ltd. to Report Q2, 2023 Results on Aug 09, 2023CTI Engineering Co., Ltd. announced that they will report Q2, 2023 results on Aug 09, 2023
Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥198 (vs JP¥173 in 1Q 2022)First quarter 2023 results: EPS: JP¥198 (up from JP¥173 in 1Q 2022). Revenue: JP¥24.8b (up 5.2% from 1Q 2022). Net income: JP¥2.77b (up 13% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year and the company’s share price has also increased by 28% per year.
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: JP¥415 (vs JP¥316 in FY 2021)Full year 2022 results: EPS: JP¥415 (up from JP¥316 in FY 2021). Revenue: JP¥83.5b (up 12% from FY 2021). Net income: JP¥5.87b (up 31% from FY 2021). Profit margin: 7.0% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 25% per year.
Reported Earnings • Feb 20Full year 2022 earnings released: EPS: JP¥415 (vs JP¥316 in FY 2021)Full year 2022 results: EPS: JP¥415 (up from JP¥316 in FY 2021). Revenue: JP¥83.5b (up 12% from FY 2021). Net income: JP¥5.87b (up 31% from FY 2021). Profit margin: 7.0% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 15CTI Engineering Co., Ltd. (TSE:9621) announces an Equity Buyback for 480,000 shares, representing 3.39% for ¥1,000 million.CTI Engineering Co., Ltd. (TSE:9621) announces a share repurchase program. Under the program, the company will repurchase up to 480,000 shares, representing 3.39% of its share capital, for ¥1,000 million. The program is aimed at improving capital efficiency, enhancing shareholder returns, and a transfer system as an incentive for sustainable growth. The program will expire on July 31, 2023. As of December 31, 2022, the company had 14,139,608 shares in issue (excluding treasury stock) and 19,478 shares in treasury.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.7%).
お知らせ • Dec 06CTI Engineering Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023CTI Engineering Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥50.92 (vs JP¥63.65 in 3Q 2021)Third quarter 2022 results: EPS: JP¥50.92 (down from JP¥63.65 in 3Q 2021). Revenue: JP¥19.6b (up 20% from 3Q 2021). Net income: JP¥720.0m (down 20% from 3Q 2021). Profit margin: 3.7% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: JP¥50.92 (vs JP¥63.65 in 3Q 2021)Third quarter 2022 results: EPS: JP¥50.92 (down from JP¥63.65 in 3Q 2021). Revenue: JP¥19.6b (up 20% from 3Q 2021). Net income: JP¥720.0m (down 20% from 3Q 2021). Profit margin: 3.7% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 09CTI Engineering Co., Ltd. to Report Q3, 2022 Results on Nov 10, 2022CTI Engineering Co., Ltd. announced that they will report Q3, 2022 results on Nov 10, 2022
Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: JP¥95.61 (vs JP¥144 in 2Q 2021)Second quarter 2022 results: EPS: JP¥95.61 (down from JP¥144 in 2Q 2021). Revenue: JP¥18.3b (down 19% from 2Q 2021). Net income: JP¥1.35b (down 33% from 2Q 2021). Profit margin: 7.4% (down from 9.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • May 29CTI Engineering Co., Ltd. to Report Q2, 2022 Results on Aug 09, 2022CTI Engineering Co., Ltd. announced that they will report Q2, 2022 results on Aug 09, 2022
Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥173 (vs JP¥23.06 in 1Q 2021)First quarter 2022 results: EPS: JP¥173 (up from JP¥23.06 in 1Q 2021). Revenue: JP¥23.5b (up 85% from 1Q 2021). Net income: JP¥2.44b (up JP¥2.12b from 1Q 2021). Profit margin: 10% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. No independent directors (11 non-independent directors). Director Fumiko Kosao was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Apr 14CTI Engineering Co., Ltd. to Report Q1, 2022 Results on May 11, 2022CTI Engineering Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022
Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥316 (up from JP¥258 in FY 2020). Revenue: JP¥74.4b (up 14% from FY 2020). Net income: JP¥4.47b (up 23% from FY 2020). Profit margin: 6.0% (up from 5.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 24, 2022CTI Engineering Co., Ltd., Annual General Meeting, Mar 24, 2022.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.3%).
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS JP¥63.64 (vs JP¥54.95 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥16.4b (up 6.8% from 3Q 2020). Net income: JP¥900.0m (up 16% from 3Q 2020). Profit margin: 5.5% (up from 5.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 14First quarter 2021 earnings released: EPS JP¥23.06 (vs JP¥4.95 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥12.7b (up 11% from 1Q 2020). Net income: JP¥326.0m (up 366% from 1Q 2020). Profit margin: 2.6% (up from 0.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS JP¥258 (vs JP¥199 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥65.2b (up 4.1% from FY 2019). Net income: JP¥3.65b (up 30% from FY 2019). Profit margin: 5.6% (up from 4.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2021CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2021.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥258 (vs JP¥199 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥65.2b (up 4.1% from FY 2019). Net income: JP¥3.65b (up 30% from FY 2019). Profit margin: 5.6% (up from 4.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 24% per year.
Is New 90 Day High Low • Jan 20New 90-day high: JP¥2,398The company is up 28% from its price of JP¥1,868 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 7.0% over the same period.
お知らせ • Dec 24CTI Engineering Co., Ltd. to Report Fiscal Year 2020 Results on Feb 12, 2021CTI Engineering Co., Ltd. announced that they will report fiscal year 2020 results on Feb 12, 2021
Is New 90 Day High Low • Dec 24New 90-day high: JP¥2,331The company is up 16% from its price of JP¥2,015 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 3.0% over the same period.
お知らせ • Oct 10CTI Engineering Co., Ltd. to Report Q3, 2020 Results on Nov 10, 2020CTI Engineering Co., Ltd. announced that they will report Q3, 2020 results on Nov 10, 2020
お知らせ • Jul 31CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire remaining 30% stake in CTI Engineering International Co., Ltd.CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire remaining 30% stake in CTI Engineering International Co., Ltd. on July 28, 2020. Date of conclusion of share transfer agreement is early to mid-august, 2020. Post completion, CTI Engineering International Co., Ltd. will become wholly owned subsidiary of CTI Engineering Co., Ltd. Transaction is expected to be completed at the end of August, 2020. The impact of acquisition on CTI Engineering Co., Ltd. consolidated business results is immaterial.
お知らせ • Jun 29CTI Engineering Co., Ltd. to Report Q2, 2020 Results on Aug 11, 2020CTI Engineering Co., Ltd. announced that they will report Q2, 2020 results on Aug 11, 2020