View ValuationFirst-corporation 将来の成長Future 基準チェック /06現在、 First-corporation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Consumer Durables 収益成長12.4%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更新なしすべての更新を表示Recent updatesBuy Or Sell Opportunity • Aug 05Now 20% overvaluedOver the last 90 days, the stock has fallen 7.5% to JP¥1,002. The fair value is estimated to be JP¥832, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 11%.お知らせ • Jul 24First-corporation Inc. announced that it expects to receive ¥579 million in funding from Chuo-Nittochi Co., Ltd.First-corporation Inc. announced private placement of 600,000 common shares at an issue price of ¥965 for gross proceeds of ¥579,000,000 on July 22, 2026. The transaction includes participation from Chuo-Nittochi Co., Ltd. The company will issue shares by third party allotment. The transaction is approved by board of directors of the company and is expected to close on August 10, 2026. The estimated issue expenses are ¥1,000,000 and net proceeds to be raised are ¥578,000,000.分析記事 • Jul 24First-corporation (TSE:1430) Strong Profits May Be Masking Some Underlying IssuesThe recent earnings posted by First-corporation Inc. ( TSE:1430 ) were solid, but the stock didn't move as much as we...Reported Earnings • Jul 18Full year 2026 earnings released: EPS: JP¥157 (vs JP¥140 in FY 2025)Full year 2026 results: EPS: JP¥157 (up from JP¥140 in FY 2025). Revenue: JP¥36.4b (down 16% from FY 2025). Net income: JP¥1.88b (up 13% from FY 2025). Profit margin: 5.2% (up from 3.9% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 25, 2026First-corporation Inc., Annual General Meeting, Aug 25, 2026.お知らせ • Jul 01First-corporation Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026First-corporation Inc. announced that they will report fiscal year 2026 results on Jul 15, 2026Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.分析記事 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.お知らせ • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026分析記事 • Jan 21First-corporation's (TSE:1430) Problems Go Beyond Weak ProfitA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. We...分析記事 • Jan 16First-corporation's (TSE:1430) Dividend Will Be Increased To ¥44.00The board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥44.00 on the...Declared Dividend • Jan 16Dividend increased to JP¥44.00Dividend of JP¥44.00 is 4.8% higher than last year. Ex-date: 28th May 2026 Payment date: 27th August 2026 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (40% 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 12% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 56% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.7% EPS decline seen over the last 5 years.New Risk • Jan 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Revenue has declined by 26% over the past year. Minor Risk Market cap is less than US$100m (JP¥12.3b market cap, or US$77.7m).Reported Earnings • Jan 15Second quarter 2026 earnings released: EPS: JP¥27.72 (vs JP¥55.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥27.72 (down from JP¥55.16 in 2Q 2025). Revenue: JP¥7.84b (down 60% from 2Q 2025). Net income: JP¥332.0m (down 50% from 2Q 2025). Profit margin: 4.2% (up from 3.4% in 2Q 2025). The increase in margin was driven by lower expenses.お知らせ • Nov 27First-corporation Inc. to Report Q2, 2026 Results on Jan 14, 2026First-corporation Inc. announced that they will report Q2, 2026 results on Jan 14, 2026Reported Earnings • Oct 15First quarter 2026 earnings released: EPS: JP¥23.69 (vs JP¥30.55 in 1Q 2025)First quarter 2026 results: EPS: JP¥23.69 (down from JP¥30.55 in 1Q 2025). Revenue: JP¥7.42b (down 3.5% from 1Q 2025). Net income: JP¥283.0m (down 23% from 1Q 2025). Profit margin: 3.8% (down from 4.7% in 1Q 2025). The decrease in margin was driven by lower revenue.Reported Earnings • Sep 02Full year 2025 earnings released: EPS: JP¥140 (vs JP¥79.07 in FY 2024)Full year 2025 results: EPS: JP¥140 (up from JP¥79.07 in FY 2024). Revenue: JP¥43.2b (up 52% from FY 2024). Net income: JP¥1.67b (up 77% from FY 2024). Profit margin: 3.9% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue.お知らせ • Aug 27First-corporation Inc. to Report Q1, 2026 Results on Oct 14, 2025First-corporation Inc. announced that they will report Q1, 2026 results on Oct 14, 2025Reported Earnings • Jul 17Full year 2025 earnings releasedFull year 2025 results: Net income: (down JP¥944.0m from profit in FY 2024).お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 26, 2025First-corporation Inc., Annual General Meeting, Aug 26, 2025.お知らせ • Jul 07First-corporation Inc. to Report Fiscal Year 2025 Results on Jul 15, 2025First-corporation Inc. announced that they will report fiscal year 2025 results on Jul 15, 2025Upcoming Dividend • May 22Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).Reported Earnings • Apr 15Third quarter 2025 earnings released: EPS: JP¥14.65 (vs JP¥6.70 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.65 (up from JP¥6.70 in 3Q 2024). Revenue: JP¥7.54b (flat on 3Q 2024). Net income: JP¥175.0m (up 119% from 3Q 2024). Profit margin: 2.3% (up from 1.1% in 3Q 2024).分析記事 • Feb 28First-corporation (TSE:1430) Is Increasing Its Dividend To ¥42.00First-corporation Inc.'s ( TSE:1430 ) dividend will be increasing from last year's payment of the same period to ¥42.00...お知らせ • Feb 27First-corporation Inc. to Report Q3, 2025 Results on Apr 14, 2025First-corporation Inc. announced that they will report Q3, 2025 results on Apr 14, 2025分析記事 • Jan 21First-corporation's (TSE:1430) Profits Appear To Have Quality IssuesFirst-corporation Inc.'s ( TSE:1430 ) healthy profit numbers didn't contain any surprises for investors. We think this...分析記事 • Jan 16First-corporation's (TSE:1430) Upcoming Dividend Will Be Larger Than Last Year'sThe board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥42.00 on the...Declared Dividend • Jan 16Dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th May 2025 Payment date: 26th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (24% 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 2 years and payments have been stable during that time. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 15Second quarter 2025 earnings released: EPS: JP¥55.16 (vs JP¥6.70 in 2Q 2024)Second quarter 2025 results: EPS: JP¥55.16 (up from JP¥6.70 in 2Q 2024). Revenue: JP¥19.5b (up 158% from 2Q 2024). Net income: JP¥659.0m (up JP¥579.0m from 2Q 2024). Profit margin: 3.4% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue.お知らせ • Nov 29First-corporation Inc. to Report Q2, 2025 Results on Jan 14, 2025First-corporation Inc. announced that they will report Q2, 2025 results on Jan 14, 2025New Risk • Oct 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥9.95b market cap, or US$66.4m).Reported Earnings • Oct 18First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: JP¥30.55. Net income: JP¥365.0m (up JP¥365.0m from 1Q 2024).お知らせ • Aug 29First-corporation Inc. to Report Q1, 2025 Results on Oct 15, 2024First-corporation Inc. announced that they will report Q1, 2025 results on Oct 15, 2024Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥643, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total loss to shareholders of 4.4% over the past three years.分析記事 • Jul 19First-corporation's (TSE:1430) Anemic Earnings Might Be Worse Than You ThinkA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. Our...お知らせ • Jul 13First-corporation Inc., Annual General Meeting, Aug 23, 2024First-corporation Inc., Annual General Meeting, Aug 23, 2024.Upcoming Dividend • May 23Upcoming dividend of JP¥31.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%).お知らせ • May 18First-corporation Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024First-corporation Inc. announced that they will report fiscal year 2024 results on Jul 12, 2024お知らせ • Mar 31First-corporation Inc. to Report Q3, 2024 Results on Apr 12, 2024First-corporation Inc. announced that they will report Q3, 2024 results on Apr 12, 2024New Risk • Oct 06New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥9.15b market cap, or US$61.6m).お知らせ • Aug 30First-corporation Inc. to Report Q1, 2024 Results on Oct 13, 2023First-corporation Inc. announced that they will report Q1, 2024 results on Oct 13, 2023New Risk • Jul 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% 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 Risks Earnings have declined by 0.3% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.74b market cap, or US$62.6m).Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥115 (vs JP¥106 in FY 2022)Full year 2023 results: EPS: JP¥115 (up from JP¥106 in FY 2022). Revenue: JP¥25.5b (down 15% from FY 2022). Net income: JP¥1.36b (up 7.5% from FY 2022). Profit margin: 5.3% (up from 4.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 25, 2023First-corporation Inc., Annual General Meeting, Aug 25, 2023.お知らせ • Jun 18First-corporation Inc. to Report Fiscal Year 2023 Results on Jul 14, 2023First-corporation Inc. announced that they will report fiscal year 2023 results on Jul 14, 2023Upcoming Dividend • May 23Inaugural dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 May 2023. Payment date: 29 August 2023. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.6%.Reported Earnings • Apr 08Third quarter 2023 earnings released: EPS: JP¥39.27 (vs JP¥19.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥39.27 (up from JP¥19.27 in 3Q 2022). Revenue: JP¥7.65b (up 4.0% from 3Q 2022). Net income: JP¥468.0m (up 102% from 3Q 2022). Profit margin: 6.1% (up from 3.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jan 08Second quarter 2023 earnings released: EPS: JP¥23.16 (vs JP¥10.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.16 (up from JP¥10.36 in 2Q 2022). Revenue: JP¥5.45b (up 21% from 2Q 2022). Net income: JP¥275.0m (up 120% from 2Q 2022). Profit margin: 5.0% (up from 2.8% 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 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 09First quarter 2023 earnings released: EPS: JP¥14.36 (vs JP¥36.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.36 (down from JP¥36.10 in 1Q 2022). Revenue: JP¥4.73b (down 53% from 1Q 2022). Net income: JP¥170.0m (down 61% from 1Q 2022). Profit margin: 3.6% (down from 4.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 04Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 10First-corporation Inc., Annual General Meeting, Aug 26, 2022First-corporation Inc., Annual General Meeting, Aug 26, 2022.Reported Earnings • Jul 10Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • May 29First-corporation Inc. to Report Fiscal Year 2022 Results on Jul 08, 2022First-corporation Inc. announced that they will report fiscal year 2022 results on Jul 08, 2022Upcoming Dividend • May 23Inaugural dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.7%.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 10Third quarter 2022 earnings released: EPS: JP¥19.27 (vs JP¥7.86 in 3Q 2021)Third quarter 2022 results: EPS: JP¥19.27 (up from JP¥7.86 in 3Q 2021). Revenue: JP¥7.35b (up 65% from 3Q 2021). Net income: JP¥232.0m (up 139% from 3Q 2021). Profit margin: 3.2% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Apr 09First-corporation Inc. to Report Q3, 2022 Results on Apr 08, 2022First-corporation Inc. announced that they will report Q3, 2022 results on Apr 08, 2022お知らせ • Feb 16First-corporation Inc. (TSE:1430) announces an Equity Buyback for 250,000 shares, representing 1.87% for ¥176.25 million.First-corporation Inc. (TSE:1430) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.87% of its share capital, at ¥705 per share for ¥176.25 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment, along with aiming to expand shareholder returns and improve capital efficiency. As of January 31, 2022, the company had 13,363,509 shares outstanding (excluding treasury shares) and 1,000,031 shares in treasury.Reported Earnings • Jan 09Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥10.36 (up from JP¥6.51 in 2Q 2021). Revenue: JP¥4.49b (up 14% from 2Q 2021). Net income: JP¥125.0m (up 52% from 2Q 2021). Profit margin: 2.8% (up from 2.1% in 2Q 2021). 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 4% per year whereas the company’s share price has increased by 1% per year.Reported Earnings • Oct 09First quarter 2022 earnings released: EPS JP¥36.10 (vs JP¥5.05 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.1b (up 169% from 1Q 2021). Net income: JP¥435.0m (up JP¥370.0m from 1Q 2021). Profit margin: 4.3% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.Reported Earnings • Jul 12Full year 2021 earnings released: EPS JP¥90.17 (vs JP¥66.60 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥20.9b (down 11% from FY 2020). Net income: JP¥1.13b (up 29% from FY 2020). Profit margin: 5.4% (up from 3.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 22Inaugural dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 27 August 2021. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.4%.Reported Earnings • Apr 11Third quarter 2021 earnings released: EPS JP¥7.86 (vs JP¥3.84 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.46b (up 16% from 3Q 2020). Net income: JP¥97.0m (up 94% from 3Q 2020). Profit margin: 2.2% (up from 1.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Feb 26First-corporation Inc. to Report Q3, 2021 Results on Apr 09, 2021First-corporation Inc. announced that they will report Q3, 2021 results on Apr 09, 2021Is New 90 Day High Low • Feb 26New 90-day low: JP¥681The company is down 5.0% from its price of JP¥714 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period.Reported Earnings • Jan 09Second quarter 2021 earnings released: EPS JP¥6.51The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥3.93b (up 4.9% from 2Q 2020). Net income: JP¥82.0m (down 8.9% from 2Q 2020). Profit margin: 2.1% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year and the company’s share price has also fallen by 24% per year.Is New 90 Day High Low • Jan 03New 90-day low: JP¥688The company is down 3.0% from its price of JP¥707 on 05 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 24% over the same period.お知らせ • Nov 28First-corporation Inc. to Report Q2, 2021 Results on Jan 08, 2021First-corporation Inc. announced that they will report Q2, 2021 results on Jan 08, 2021お知らせ • Aug 31First-corporation Inc. to Report Q1, 2021 Results on Oct 09, 2020First-corporation Inc. announced that they will report Q1, 2021 results on Oct 09, 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、First-corporation 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:1430 - 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5/31/202636,4171,882-9,909-9,906N/A2/28/202632,4151,467N/AN/AN/A11/30/202531,2241,260-7,056-7,011N/A8/31/202542,9231,587N/AN/AN/A5/31/202543,1941,6692,0492,094N/A2/28/202542,3511,279N/AN/AN/A11/30/202442,1221,521-3,091-3,065N/A8/31/202430,2371,172N/AN/AN/A5/31/202428,485944-1,608-1,573N/A5/31/202325,5431,364-391-302N/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: 1430の予測収益成長が 貯蓄率 ( 0.9% ) 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: 1430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: 1430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: 1430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: 1430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: 1430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7D1Y7D1Y7D1YConsumer-durables 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2026/08/15 20:54終値2026/08/14 00:00収益2026/05/31年間収益2026/05/31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First-corporation Inc. 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。1 アナリスト機関Yoko MizoguchiIchiyoshi Research Institute Inc.
Buy Or Sell Opportunity • Aug 05Now 20% overvaluedOver the last 90 days, the stock has fallen 7.5% to JP¥1,002. The fair value is estimated to be JP¥832, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 11%.
お知らせ • Jul 24First-corporation Inc. announced that it expects to receive ¥579 million in funding from Chuo-Nittochi Co., Ltd.First-corporation Inc. announced private placement of 600,000 common shares at an issue price of ¥965 for gross proceeds of ¥579,000,000 on July 22, 2026. The transaction includes participation from Chuo-Nittochi Co., Ltd. The company will issue shares by third party allotment. The transaction is approved by board of directors of the company and is expected to close on August 10, 2026. The estimated issue expenses are ¥1,000,000 and net proceeds to be raised are ¥578,000,000.
分析記事 • Jul 24First-corporation (TSE:1430) Strong Profits May Be Masking Some Underlying IssuesThe recent earnings posted by First-corporation Inc. ( TSE:1430 ) were solid, but the stock didn't move as much as we...
Reported Earnings • Jul 18Full year 2026 earnings released: EPS: JP¥157 (vs JP¥140 in FY 2025)Full year 2026 results: EPS: JP¥157 (up from JP¥140 in FY 2025). Revenue: JP¥36.4b (down 16% from FY 2025). Net income: JP¥1.88b (up 13% from FY 2025). Profit margin: 5.2% (up from 3.9% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.
お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 25, 2026First-corporation Inc., Annual General Meeting, Aug 25, 2026.
お知らせ • Jul 01First-corporation Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026First-corporation Inc. announced that they will report fiscal year 2026 results on Jul 15, 2026
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.
分析記事 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
お知らせ • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026
分析記事 • Jan 21First-corporation's (TSE:1430) Problems Go Beyond Weak ProfitA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. We...
分析記事 • Jan 16First-corporation's (TSE:1430) Dividend Will Be Increased To ¥44.00The board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥44.00 on the...
Declared Dividend • Jan 16Dividend increased to JP¥44.00Dividend of JP¥44.00 is 4.8% higher than last year. Ex-date: 28th May 2026 Payment date: 27th August 2026 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (40% 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 12% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 56% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.7% EPS decline seen over the last 5 years.
New Risk • Jan 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Revenue has declined by 26% over the past year. Minor Risk Market cap is less than US$100m (JP¥12.3b market cap, or US$77.7m).
Reported Earnings • Jan 15Second quarter 2026 earnings released: EPS: JP¥27.72 (vs JP¥55.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥27.72 (down from JP¥55.16 in 2Q 2025). Revenue: JP¥7.84b (down 60% from 2Q 2025). Net income: JP¥332.0m (down 50% from 2Q 2025). Profit margin: 4.2% (up from 3.4% in 2Q 2025). The increase in margin was driven by lower expenses.
お知らせ • Nov 27First-corporation Inc. to Report Q2, 2026 Results on Jan 14, 2026First-corporation Inc. announced that they will report Q2, 2026 results on Jan 14, 2026
Reported Earnings • Oct 15First quarter 2026 earnings released: EPS: JP¥23.69 (vs JP¥30.55 in 1Q 2025)First quarter 2026 results: EPS: JP¥23.69 (down from JP¥30.55 in 1Q 2025). Revenue: JP¥7.42b (down 3.5% from 1Q 2025). Net income: JP¥283.0m (down 23% from 1Q 2025). Profit margin: 3.8% (down from 4.7% in 1Q 2025). The decrease in margin was driven by lower revenue.
Reported Earnings • Sep 02Full year 2025 earnings released: EPS: JP¥140 (vs JP¥79.07 in FY 2024)Full year 2025 results: EPS: JP¥140 (up from JP¥79.07 in FY 2024). Revenue: JP¥43.2b (up 52% from FY 2024). Net income: JP¥1.67b (up 77% from FY 2024). Profit margin: 3.9% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue.
お知らせ • Aug 27First-corporation Inc. to Report Q1, 2026 Results on Oct 14, 2025First-corporation Inc. announced that they will report Q1, 2026 results on Oct 14, 2025
Reported Earnings • Jul 17Full year 2025 earnings releasedFull year 2025 results: Net income: (down JP¥944.0m from profit in FY 2024).
お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 26, 2025First-corporation Inc., Annual General Meeting, Aug 26, 2025.
お知らせ • Jul 07First-corporation Inc. to Report Fiscal Year 2025 Results on Jul 15, 2025First-corporation Inc. announced that they will report fiscal year 2025 results on Jul 15, 2025
Upcoming Dividend • May 22Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).
Reported Earnings • Apr 15Third quarter 2025 earnings released: EPS: JP¥14.65 (vs JP¥6.70 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.65 (up from JP¥6.70 in 3Q 2024). Revenue: JP¥7.54b (flat on 3Q 2024). Net income: JP¥175.0m (up 119% from 3Q 2024). Profit margin: 2.3% (up from 1.1% in 3Q 2024).
分析記事 • Feb 28First-corporation (TSE:1430) Is Increasing Its Dividend To ¥42.00First-corporation Inc.'s ( TSE:1430 ) dividend will be increasing from last year's payment of the same period to ¥42.00...
お知らせ • Feb 27First-corporation Inc. to Report Q3, 2025 Results on Apr 14, 2025First-corporation Inc. announced that they will report Q3, 2025 results on Apr 14, 2025
分析記事 • Jan 21First-corporation's (TSE:1430) Profits Appear To Have Quality IssuesFirst-corporation Inc.'s ( TSE:1430 ) healthy profit numbers didn't contain any surprises for investors. We think this...
分析記事 • Jan 16First-corporation's (TSE:1430) Upcoming Dividend Will Be Larger Than Last Year'sThe board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥42.00 on the...
Declared Dividend • Jan 16Dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th May 2025 Payment date: 26th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (24% 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 2 years and payments have been stable during that time. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 15Second quarter 2025 earnings released: EPS: JP¥55.16 (vs JP¥6.70 in 2Q 2024)Second quarter 2025 results: EPS: JP¥55.16 (up from JP¥6.70 in 2Q 2024). Revenue: JP¥19.5b (up 158% from 2Q 2024). Net income: JP¥659.0m (up JP¥579.0m from 2Q 2024). Profit margin: 3.4% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue.
お知らせ • Nov 29First-corporation Inc. to Report Q2, 2025 Results on Jan 14, 2025First-corporation Inc. announced that they will report Q2, 2025 results on Jan 14, 2025
New Risk • Oct 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥9.95b market cap, or US$66.4m).
Reported Earnings • Oct 18First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: JP¥30.55. Net income: JP¥365.0m (up JP¥365.0m from 1Q 2024).
お知らせ • Aug 29First-corporation Inc. to Report Q1, 2025 Results on Oct 15, 2024First-corporation Inc. announced that they will report Q1, 2025 results on Oct 15, 2024
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥643, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total loss to shareholders of 4.4% over the past three years.
分析記事 • Jul 19First-corporation's (TSE:1430) Anemic Earnings Might Be Worse Than You ThinkA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. Our...
お知らせ • Jul 13First-corporation Inc., Annual General Meeting, Aug 23, 2024First-corporation Inc., Annual General Meeting, Aug 23, 2024.
Upcoming Dividend • May 23Upcoming dividend of JP¥31.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%).
お知らせ • May 18First-corporation Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024First-corporation Inc. announced that they will report fiscal year 2024 results on Jul 12, 2024
お知らせ • Mar 31First-corporation Inc. to Report Q3, 2024 Results on Apr 12, 2024First-corporation Inc. announced that they will report Q3, 2024 results on Apr 12, 2024
New Risk • Oct 06New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥9.15b market cap, or US$61.6m).
お知らせ • Aug 30First-corporation Inc. to Report Q1, 2024 Results on Oct 13, 2023First-corporation Inc. announced that they will report Q1, 2024 results on Oct 13, 2023
New Risk • Jul 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% 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 Risks Earnings have declined by 0.3% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.74b market cap, or US$62.6m).
Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥115 (vs JP¥106 in FY 2022)Full year 2023 results: EPS: JP¥115 (up from JP¥106 in FY 2022). Revenue: JP¥25.5b (down 15% from FY 2022). Net income: JP¥1.36b (up 7.5% from FY 2022). Profit margin: 5.3% (up from 4.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 25, 2023First-corporation Inc., Annual General Meeting, Aug 25, 2023.
お知らせ • Jun 18First-corporation Inc. to Report Fiscal Year 2023 Results on Jul 14, 2023First-corporation Inc. announced that they will report fiscal year 2023 results on Jul 14, 2023
Upcoming Dividend • May 23Inaugural dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 May 2023. Payment date: 29 August 2023. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.6%.
Reported Earnings • Apr 08Third quarter 2023 earnings released: EPS: JP¥39.27 (vs JP¥19.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥39.27 (up from JP¥19.27 in 3Q 2022). Revenue: JP¥7.65b (up 4.0% from 3Q 2022). Net income: JP¥468.0m (up 102% from 3Q 2022). Profit margin: 6.1% (up from 3.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jan 08Second quarter 2023 earnings released: EPS: JP¥23.16 (vs JP¥10.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.16 (up from JP¥10.36 in 2Q 2022). Revenue: JP¥5.45b (up 21% from 2Q 2022). Net income: JP¥275.0m (up 120% from 2Q 2022). Profit margin: 5.0% (up from 2.8% 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 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 09First quarter 2023 earnings released: EPS: JP¥14.36 (vs JP¥36.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.36 (down from JP¥36.10 in 1Q 2022). Revenue: JP¥4.73b (down 53% from 1Q 2022). Net income: JP¥170.0m (down 61% from 1Q 2022). Profit margin: 3.6% (down from 4.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 04Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 10First-corporation Inc., Annual General Meeting, Aug 26, 2022First-corporation Inc., Annual General Meeting, Aug 26, 2022.
Reported Earnings • Jul 10Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • May 29First-corporation Inc. to Report Fiscal Year 2022 Results on Jul 08, 2022First-corporation Inc. announced that they will report fiscal year 2022 results on Jul 08, 2022
Upcoming Dividend • May 23Inaugural dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.7%.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 10Third quarter 2022 earnings released: EPS: JP¥19.27 (vs JP¥7.86 in 3Q 2021)Third quarter 2022 results: EPS: JP¥19.27 (up from JP¥7.86 in 3Q 2021). Revenue: JP¥7.35b (up 65% from 3Q 2021). Net income: JP¥232.0m (up 139% from 3Q 2021). Profit margin: 3.2% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Apr 09First-corporation Inc. to Report Q3, 2022 Results on Apr 08, 2022First-corporation Inc. announced that they will report Q3, 2022 results on Apr 08, 2022
お知らせ • Feb 16First-corporation Inc. (TSE:1430) announces an Equity Buyback for 250,000 shares, representing 1.87% for ¥176.25 million.First-corporation Inc. (TSE:1430) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.87% of its share capital, at ¥705 per share for ¥176.25 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment, along with aiming to expand shareholder returns and improve capital efficiency. As of January 31, 2022, the company had 13,363,509 shares outstanding (excluding treasury shares) and 1,000,031 shares in treasury.
Reported Earnings • Jan 09Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥10.36 (up from JP¥6.51 in 2Q 2021). Revenue: JP¥4.49b (up 14% from 2Q 2021). Net income: JP¥125.0m (up 52% from 2Q 2021). Profit margin: 2.8% (up from 2.1% in 2Q 2021). 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 4% per year whereas the company’s share price has increased by 1% per year.
Reported Earnings • Oct 09First quarter 2022 earnings released: EPS JP¥36.10 (vs JP¥5.05 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.1b (up 169% from 1Q 2021). Net income: JP¥435.0m (up JP¥370.0m from 1Q 2021). Profit margin: 4.3% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.
Reported Earnings • Jul 12Full year 2021 earnings released: EPS JP¥90.17 (vs JP¥66.60 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥20.9b (down 11% from FY 2020). Net income: JP¥1.13b (up 29% from FY 2020). Profit margin: 5.4% (up from 3.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 22Inaugural dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 27 August 2021. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.4%.
Reported Earnings • Apr 11Third quarter 2021 earnings released: EPS JP¥7.86 (vs JP¥3.84 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.46b (up 16% from 3Q 2020). Net income: JP¥97.0m (up 94% from 3Q 2020). Profit margin: 2.2% (up from 1.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 26First-corporation Inc. to Report Q3, 2021 Results on Apr 09, 2021First-corporation Inc. announced that they will report Q3, 2021 results on Apr 09, 2021
Is New 90 Day High Low • Feb 26New 90-day low: JP¥681The company is down 5.0% from its price of JP¥714 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period.
Reported Earnings • Jan 09Second quarter 2021 earnings released: EPS JP¥6.51The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥3.93b (up 4.9% from 2Q 2020). Net income: JP¥82.0m (down 8.9% from 2Q 2020). Profit margin: 2.1% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year and the company’s share price has also fallen by 24% per year.
Is New 90 Day High Low • Jan 03New 90-day low: JP¥688The company is down 3.0% from its price of JP¥707 on 05 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 24% over the same period.
お知らせ • Nov 28First-corporation Inc. to Report Q2, 2021 Results on Jan 08, 2021First-corporation Inc. announced that they will report Q2, 2021 results on Jan 08, 2021
お知らせ • Aug 31First-corporation Inc. to Report Q1, 2021 Results on Oct 09, 2020First-corporation Inc. announced that they will report Q1, 2021 results on Oct 09, 2020