Sumitomo Forestry（1911）株式概要住友林業(株)は、日本、米国、オーストラリア、中国、インドネシア、ニュージーランド、および海外で林業事業を行っている。 詳細1911 ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長3/6過去の実績2/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より69.6%で取引されている 収益は年間13.43%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が41.9%上昇するだろうとほぼ一致している。 リスク分析負債は営業キャッシュフローで十分にカバーされていない 3.93%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る1911 Community Fair Values Create NarrativeSee what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥1.27k4.3% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture04t2016201920222025202620282031Revenue JP¥3.6tEarnings JP¥163.5bAdvancedSet Fair ValueView all narrativesSumitomo Forestry Co., Ltd. 競合他社HASEKOSymbol: TSE:1808Market cap: JP¥719.6bOpen House GroupSymbol: TSE:3288Market cap: JP¥969.4bIida Group HoldingsSymbol: TSE:3291Market cap: JP¥582.1bSekisui HouseSymbol: TSE:1928Market cap: JP¥2.2t価格と性能株価の高値、安値、推移の概要Sumitomo Forestry過去の株価現在の株価JP¥1,271.0052週高値JP¥1,874.5052週安値JP¥1,232.50ベータ0.561ヶ月の変化-11.80%3ヶ月変化-28.05%1年変化-6.59%3年間の変化21.43%5年間の変化75.15%IPOからの変化183.07%最新ニュースライブニュース • May 15Sumitomo Forestry Becomes Top Five US Homebuilder After Tri Pointe Homes AcquisitionSumitomo Forestry has completed its acquisition of Tri Pointe Homes for US$47.00 per share, with Tri Pointe becoming a wholly owned subsidiary of Sumitomo Forestry America. The combined U.S. housing platform now covers 18 states, with Tri Pointe contributing more than 160 active communities and operations in 13 states. On a combined basis, Sumitomo Forestry’s U.S. homebuilding operations are positioned as the equivalent of the 5th largest homebuilder in the country, delivering around 15,000 units annually. This deal significantly expands Sumitomo Forestry’s exposure to the U.S. housing market and adds a premium homebuilding brand with broad geographic coverage. Investors may want to watch how integration costs, execution across 18 states, and U.S. housing demand trends influence the returns from this enlarged North American business.Price Target Changed • May 14Price target decreased by 11% to JP¥1,803Down from JP¥2,019, the current price target is an average from 5 analysts. New target price is 39% above last closing price of JP¥1,297. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of JP¥152 for next year compared to JP¥174 last year.Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥27.33 (down from JP¥32.88 in 1Q 2025). Revenue: JP¥532.1b (up 4.0% from 1Q 2025). Net income: JP¥16.8b (down 17% from 1Q 2025). Profit margin: 3.1% (down from 3.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 14Sumitomo Forestry Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 07, 2026Declared Dividend • Apr 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (171% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Mar 18Now 23% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,498. The fair value is estimated to be JP¥1,215, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.最新情報をもっと見るRecent updatesライブニュース • May 15Sumitomo Forestry Becomes Top Five US Homebuilder After Tri Pointe Homes AcquisitionSumitomo Forestry has completed its acquisition of Tri Pointe Homes for US$47.00 per share, with Tri Pointe becoming a wholly owned subsidiary of Sumitomo Forestry America. The combined U.S. housing platform now covers 18 states, with Tri Pointe contributing more than 160 active communities and operations in 13 states. On a combined basis, Sumitomo Forestry’s U.S. homebuilding operations are positioned as the equivalent of the 5th largest homebuilder in the country, delivering around 15,000 units annually. This deal significantly expands Sumitomo Forestry’s exposure to the U.S. housing market and adds a premium homebuilding brand with broad geographic coverage. Investors may want to watch how integration costs, execution across 18 states, and U.S. housing demand trends influence the returns from this enlarged North American business.Price Target Changed • May 14Price target decreased by 11% to JP¥1,803Down from JP¥2,019, the current price target is an average from 5 analysts. New target price is 39% above last closing price of JP¥1,297. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of JP¥152 for next year compared to JP¥174 last year.Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥27.33 (down from JP¥32.88 in 1Q 2025). Revenue: JP¥532.1b (up 4.0% from 1Q 2025). Net income: JP¥16.8b (down 17% from 1Q 2025). Profit margin: 3.1% (down from 3.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 14Sumitomo Forestry Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 07, 2026Declared Dividend • Apr 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (171% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Mar 18Now 23% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,498. The fair value is estimated to be JP¥1,215, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.New Risk • Feb 18New 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 5.6% 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: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (171% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change).分析記事 • Feb 18Sumitomo Forestry Co., Ltd. Just Beat EPS By 8.7%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Sumitomo Forestry Co., Ltd. ( TSE:1911 ) filed its annual result this time last...Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥174 (down from JP¥190 in FY 2024). Revenue: JP¥2.27t (up 10% from FY 2024). Net income: JP¥106.7b (down 8.5% from FY 2024). Profit margin: 4.7% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.7%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 13+ 4 more updatesSumitomo Forestry Co., Ltd., Annual General Meeting, Mar 27, 2026Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 27, 2026.お知らせ • Jan 31Yamada Holdings Co., Ltd. (TSE:9831) agreed to acquire 90% stake in Toclas Corporation from DENSO Corporation (TSE:6902), Sumitomo Forestry Co., Ltd. (TSE:1911) and Noritz Corporation (TSE:5943) and others.Yamada Holdings Co., Ltd. (TSE:9831) agreed to acquire 90% stake in Toclas Corporation from DENSO Corporation (TSE:6902), Sumitomo Forestry Co., Ltd. (TSE:1911) and Noritz Corporation (TSE:5943) and others on January 30, 2026. For the period ending March 31, 2025, Toclas Corporation reported total revenue of ¥25.94 billion and EBIT of ¥461 million. As of March 31, 2025, Toclas Corporation reported total assets of ¥13.87 billion. The expected completion of the transaction is February 27, 2026.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,757, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Consumer Durables industry in Japan. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥819 per share.分析記事 • Jan 12Here's Why Sumitomo Forestry (TSE:1911) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Upcoming Dividend • Dec 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).お知らせ • Dec 03Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026分析記事 • Nov 19Cautious Investors Not Rewarding Sumitomo Forestry Co., Ltd.'s (TSE:1911) Performance CompletelySumitomo Forestry Co., Ltd.'s ( TSE:1911 ) price-to-earnings (or "P/E") ratio of 9.2x might make it look like a buy...Reported Earnings • Nov 01Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥33.54 (down from JP¥48.62 in 3Q 2024). Revenue: JP¥559.1b (up 9.4% from 3Q 2024). Net income: JP¥20.5b (down 31% from 3Q 2024). Profit margin: 3.7% (down from 5.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Oct 22Returns At Sumitomo Forestry (TSE:1911) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Declared Dividend • Sep 09First half dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 5.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (57% 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 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Sep 02Sumitomo Forestry Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025分析記事 • Aug 10Sumitomo Forestry Co., Ltd. Just Missed EPS By 30%: Here's What Analysts Think Will Happen NextTSE:1911 1 Year Share Price vs Fair Value Explore Sumitomo Forestry's Fair Values from the Community and select yours...Reported Earnings • Aug 08Second quarter 2025 earnings: Revenues in line with analyst expectationsSecond quarter 2025 results: Revenue: JP¥563.1b (up 6.7% from 2Q 2024). Net income: JP¥28.4b (down 15% from 2Q 2024). Profit margin: 5.0% (down from 6.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 26Sumitomo Forestry Co., Ltd.'s (TSE:1911) Subdued P/E Might Signal An OpportunitySumitomo Forestry Co., Ltd.'s ( TSE:1911 ) price-to-earnings (or "P/E") ratio of 8.3x might make it look like a buy...分析記事 • Jul 11These 4 Measures Indicate That Sumitomo Forestry (TSE:1911) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jun 26Sumitomo Forestry (TSE:1911) Is Paying Out A Larger Dividend Than Last YearSumitomo Forestry Co., Ltd.'s ( TSE:1911 ) dividend will be increasing from last year's payment of the same period to...分析記事 • Jun 22Sumitomo Forestry (TSE:1911) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Upcoming Dividend • Jun 20Upcoming dividend of JP¥91.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).お知らせ • Jun 05Sumitomo Forestry Co., Ltd. to Report Q2, 2025 Results on Aug 07, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2025 results on Aug 07, 2025お知らせ • May 30Sumitomo Forestry Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending December 31, 2025Sumitomo Forestry Co., Ltd. revised dividend guidance for the fiscal year ending December 31, 2025. For the full year, the company expects to pay dividend of JPY 91.50 per share compared to JPY 91.00 per share previously forecasted.分析記事 • May 24Sumitomo Forestry (TSE:1911) Is Increasing Its Dividend To ¥91.00Sumitomo Forestry Co., Ltd. ( TSE:1911 ) will increase its dividend from last year's comparable payment on the 9th of...お知らせ • May 16Sumitomo Forestry Co., Ltd. (TSE:1911) completed the acquisition of 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others.Sumitomo Forestry Co., Ltd. (TSE:1911) proposed to acquire 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others for ¥6.2 billion on March 28, 2025. A cash consideration of ¥6.18 billion valued at ¥686 per share will be paid by Sumitomo Forestry Co., Ltd. As part of consideration, ¥6.18 billion is paid towards common equity of LeTech Corporation. In case of termination of transaction, seller will pay a termination fee of ¥250 million. Simultaneous to this tender offer, The Transaction consists of a series of procedures (the "Squeeze-out Procedures") with the second tender offer. The transaction is subject to approval of merger agreement by target board and minimum tender. The Board of Directors of LeTech Corporation formed a special committee for the transaction. The deal has been unanimously approved by the board. The expected completion of the transaction is May 14, 2025. PwC Advisory LLC acted as financial advisor for Sumitomo Forestry Co., Ltd. Anderson Mori & Tomotsune acted as legal advisor for Sumitomo Forestry Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for LeTech Corporation. Plutus Consulting Co., Ltd. acted as financial advisor for LeTech Corporation. Plutus Consulting Co., Ltd. acted as fairness opinion provider for LeTech Corporation. DC Advisory Japan acted as financial advisor to Sumitomo Forestry Co., Ltd. (TSE:1911). Sumitomo Forestry Co., Ltd. (TSE:1911) completed the acquisition of 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others on May 14, 2025. As a result of the first tender offer, 7,290,465 Company shares had been tendered exceeding the minimum number of shares to be purchased resulting in the Offeror acquiring all of those shares.Reported Earnings • May 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥98.65 (down from JP¥109 in 1Q 2024). Revenue: JP¥511.6b (up 13% from 1Q 2024). Net income: JP¥20.2b (down 9.2% from 1Q 2024). Profit margin: 3.9% (down from 4.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. 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 29% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Apr 11Final dividend of JP¥91.00 announcedShareholders will receive a dividend of JP¥91.00. Ex-date: 27th June 2025 Payment date: 9th September 2025 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (21% 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. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 01Sumitomo Forestry Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Price Target Changed • Feb 28Price target decreased by 7.5% to JP¥6,093Down from JP¥6,585, the current price target is an average from 6 analysts. New target price is 34% above last closing price of JP¥4,557. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of JP¥590 for next year compared to JP¥569 last year.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥4,463, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 131% over the past three years.Reported Earnings • Feb 15Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥569 (up from JP¥506 in FY 2023). Revenue: JP¥2.05t (up 19% from FY 2023). Net income: JP¥116.5b (up 14% from FY 2023). Profit margin: 5.7% (down from 5.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 13Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2025Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2025.お知らせ • Jan 17Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2024 Results on Feb 13, 2025Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2024 results on Feb 13, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).New Risk • Nov 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.6% 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 (7.6% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change).Price Target Changed • Oct 03Price target increased by 8.3% to JP¥6,773Up from JP¥6,257, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥6,840. Stock is up 89% over the past year. The company is forecast to post earnings per share of JP¥570 for next year compared to JP¥506 last year.お知らせ • Sep 06Sumitomo Forestry Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Declared Dividend • Aug 10Dividend increased to JP¥80.00Dividend of JP¥80.00 is 23% higher than last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥4,346, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,990 per share.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥6,080, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in Japan. Total returns to shareholders of 228% over the past three years.お知らせ • Jun 06Sumitomo Forestry Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024Price Target Changed • Jun 05Price target increased by 7.0% to JP¥5,457Up from JP¥5,098, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,552. Stock is up 71% over the past year. The company is forecast to post earnings per share of JP¥537 for next year compared to JP¥506 last year.Price Target Changed • May 29Price target increased by 11% to JP¥5,348Up from JP¥4,832, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,347. Stock is up 70% over the past year. The company is forecast to post earnings per share of JP¥526 for next year compared to JP¥506 last year.New Risk • May 26New 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 5.6% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,633, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 167% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,099 per share.Reported Earnings • May 01First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: JP¥109 (up from JP¥72.07 in 1Q 2023). Revenue: JP¥453.6b (up 21% from 1Q 2023). Net income: JP¥22.2b (up 54% from 1Q 2023). Profit margin: 4.9% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 43%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan.Buy Or Sell Opportunity • May 01Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to JP¥5,359. The fair value is estimated to be JP¥4,113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last year. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 5.4% per annum over the same time period.Declared Dividend • Apr 11Final dividend increased to JP¥65.00Dividend of JP¥65.00 is 8.3% higher than last year. Ex-date: 27th June 2024 Payment date: 12th September 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 31Sumitomo Forestry Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024お知らせ • Feb 16Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2024Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥506 (down from JP¥544 in FY 2022). Revenue: JP¥1.73t (up 3.8% from FY 2022). Net income: JP¥102.5b (down 5.7% from FY 2022). Profit margin: 5.9% (down from 6.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.3%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 28Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥65.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%).Price Target Changed • Nov 21Price target increased by 7.2% to JP¥4,196Up from JP¥3,913, the current price target is an average from 5 analysts. New target price is 8.0% above last closing price of JP¥3,884. Stock is up 65% over the past year. The company is forecast to post earnings per share of JP¥463 for next year compared to JP¥544 last year.Reported Earnings • Nov 02Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: JP¥92.78 (down from JP¥166 in 3Q 2022). Revenue: JP¥416.4b (down 1.7% from 3Q 2022). Net income: JP¥19.0b (down 43% from 3Q 2022). Profit margin: 4.6% (down from 7.8% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year.お知らせ • Sep 14Sumitomo Forestry Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023Price Target Changed • Aug 23Price target increased by 7.8% to JP¥3,836Up from JP¥3,560, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥3,924. Stock is up 66% over the past year. The company is forecast to post earnings per share of JP¥444 for next year compared to JP¥544 last year.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,014, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 190% over the past three years.Reported Earnings • Aug 09Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥151 (up from JP¥135 in 2Q 2022). Revenue: JP¥440.2b (up 2.6% from 2Q 2022). Net income: JP¥30.4b (up 13% from 2Q 2022). Profit margin: 6.9% (up from 6.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jul 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (137% cash payout ratio). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).Upcoming Dividend • Jun 22Upcoming dividend of JP¥60.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 7.7% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%).Price Target Changed • Jun 08Price target increased by 8.6% to JP¥3,278Up from JP¥3,018, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥3,242. Stock is up 59% over the past year. The company is forecast to post earnings per share of JP¥387 for next year compared to JP¥544 last year.お知らせ • Jun 07Sumitomo Forestry Co., Ltd. to Report Q2, 2023 Results on Aug 08, 2023Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2023 results on Aug 08, 2023Reported Earnings • Apr 29First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥72.07 (down from JP¥113 in 1Q 2022). Revenue: JP¥376.3b (up 6.3% from 1Q 2022). Net income: JP¥14.4b (down 36% from 1Q 2022). Profit margin: 3.8% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 3.0%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥544 (up from JP¥458 in FY 2021). Revenue: JP¥1.67t (up 21% from FY 2021). Net income: JP¥108.7b (up 25% from FY 2021). Profit margin: 6.5% (up from 6.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%).株主還元1911JP Consumer DurablesJP 市場7D-2.0%1.3%-0.5%1Y-6.6%14.1%41.3%株主還元を見る業界別リターン: 1911過去 1 年間で14.1 % の収益を上げたJP Consumer Durables業界を下回りました。リターン対市場: 1911は、過去 1 年間で41.3 % のリターンを上げたJP市場を下回りました。価格変動Is 1911's price volatile compared to industry and market?1911 volatility1911 Average Weekly Movement3.9%Consumer Durables Industry Average Movement3.9%Market Average Movement5.0%10% most volatile stocks in JP Market9.7%10% least volatile stocks in JP Market2.5%安定した株価: 1911 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 1911の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト169127,613Toshiro Mitsuyoshisfc.jp住友林業(株)は、日本、米国、オーストラリア、中国、インドネシア、ニュージーランド、および海外で林業事業を行っている。事業は、木材建材事業、住宅事業、建設・不動産事業、資源・環境事業の4つのセグメントで構成されている。木材建材事業」は、丸太、チップ、木材、集成材などの木材、合板、繊維板、木質複合加工材、窯業建材、金属建材、住宅設備機器などの建材の仕入、製造、加工、販売を行っている。住宅事業」は、戸建住宅・集合住宅等の建築工事の請負・アフターメンテナンス・リフォーム、マンション分譲、不動産開発、不動産の賃貸・管理・売買・仲介、住宅の外構・造園工事の請負、都市緑化事業、CAD、用地調査等を行っている。建設不動産事業」は、海外分譲マンション販売、戸建住宅建設、集合住宅・複合商業施設開発、中・大規模建築工事の請負等を行っている。資源・環境事業」は、再生可能エネルギー事業、森林資源事業を行っている。同社は1691年に設立され、千代田区に本社を置く。もっと見るSumitomo Forestry Co., Ltd. 基礎のまとめSumitomo Forestry の収益と売上を時価総額と比較するとどうか。1911 基礎統計学時価総額JP¥777.15b収益（TTM）JP¥103.24b売上高(TTM)JP¥2.29t7.5xPER（株価収益率0.3xP/Sレシオ1911 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計1911 損益計算書（TTM）収益JP¥2.29t売上原価JP¥1.77t売上総利益JP¥519.75bその他の費用JP¥416.51b収益JP¥103.24b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）168.84グロス・マージン22.72%純利益率4.51%有利子負債／自己資本比率63.5%1911 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.9%現在の配当利回り31%配当性向1911 配当は確実ですか？1911 配当履歴とベンチマークを見る1911 、いつまでに購入すれば配当金を受け取れますか？Sumitomo Forestry 配当日配当落ち日Jun 29 2026配当支払日Sep 08 2026配当落ちまでの日数38 days配当支払日までの日数109 days1911 配当は確実ですか？1911 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 04:14終値2026/05/21 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Sumitomo Forestry Co., Ltd. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Takashi HashimotoBarclaysYoshihiro HashimotoBofA Global ResearchTakashi HashimotoCitigroup Inc11 その他のアナリストを表示
ライブニュース • May 15Sumitomo Forestry Becomes Top Five US Homebuilder After Tri Pointe Homes AcquisitionSumitomo Forestry has completed its acquisition of Tri Pointe Homes for US$47.00 per share, with Tri Pointe becoming a wholly owned subsidiary of Sumitomo Forestry America. The combined U.S. housing platform now covers 18 states, with Tri Pointe contributing more than 160 active communities and operations in 13 states. On a combined basis, Sumitomo Forestry’s U.S. homebuilding operations are positioned as the equivalent of the 5th largest homebuilder in the country, delivering around 15,000 units annually. This deal significantly expands Sumitomo Forestry’s exposure to the U.S. housing market and adds a premium homebuilding brand with broad geographic coverage. Investors may want to watch how integration costs, execution across 18 states, and U.S. housing demand trends influence the returns from this enlarged North American business.
Price Target Changed • May 14Price target decreased by 11% to JP¥1,803Down from JP¥2,019, the current price target is an average from 5 analysts. New target price is 39% above last closing price of JP¥1,297. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of JP¥152 for next year compared to JP¥174 last year.
Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥27.33 (down from JP¥32.88 in 1Q 2025). Revenue: JP¥532.1b (up 4.0% from 1Q 2025). Net income: JP¥16.8b (down 17% from 1Q 2025). Profit margin: 3.1% (down from 3.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 14Sumitomo Forestry Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 07, 2026
Declared Dividend • Apr 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (171% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Mar 18Now 23% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,498. The fair value is estimated to be JP¥1,215, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
ライブニュース • May 15Sumitomo Forestry Becomes Top Five US Homebuilder After Tri Pointe Homes AcquisitionSumitomo Forestry has completed its acquisition of Tri Pointe Homes for US$47.00 per share, with Tri Pointe becoming a wholly owned subsidiary of Sumitomo Forestry America. The combined U.S. housing platform now covers 18 states, with Tri Pointe contributing more than 160 active communities and operations in 13 states. On a combined basis, Sumitomo Forestry’s U.S. homebuilding operations are positioned as the equivalent of the 5th largest homebuilder in the country, delivering around 15,000 units annually. This deal significantly expands Sumitomo Forestry’s exposure to the U.S. housing market and adds a premium homebuilding brand with broad geographic coverage. Investors may want to watch how integration costs, execution across 18 states, and U.S. housing demand trends influence the returns from this enlarged North American business.
Price Target Changed • May 14Price target decreased by 11% to JP¥1,803Down from JP¥2,019, the current price target is an average from 5 analysts. New target price is 39% above last closing price of JP¥1,297. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of JP¥152 for next year compared to JP¥174 last year.
Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥27.33 (down from JP¥32.88 in 1Q 2025). Revenue: JP¥532.1b (up 4.0% from 1Q 2025). Net income: JP¥16.8b (down 17% from 1Q 2025). Profit margin: 3.1% (down from 3.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 14Sumitomo Forestry Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 07, 2026
Declared Dividend • Apr 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (171% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Mar 18Now 23% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,498. The fair value is estimated to be JP¥1,215, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
New Risk • Feb 18New 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 5.6% 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: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (171% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change).
分析記事 • Feb 18Sumitomo Forestry Co., Ltd. Just Beat EPS By 8.7%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Sumitomo Forestry Co., Ltd. ( TSE:1911 ) filed its annual result this time last...
Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥174 (down from JP¥190 in FY 2024). Revenue: JP¥2.27t (up 10% from FY 2024). Net income: JP¥106.7b (down 8.5% from FY 2024). Profit margin: 4.7% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.7%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 13+ 4 more updatesSumitomo Forestry Co., Ltd., Annual General Meeting, Mar 27, 2026Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 27, 2026.
お知らせ • Jan 31Yamada Holdings Co., Ltd. (TSE:9831) agreed to acquire 90% stake in Toclas Corporation from DENSO Corporation (TSE:6902), Sumitomo Forestry Co., Ltd. (TSE:1911) and Noritz Corporation (TSE:5943) and others.Yamada Holdings Co., Ltd. (TSE:9831) agreed to acquire 90% stake in Toclas Corporation from DENSO Corporation (TSE:6902), Sumitomo Forestry Co., Ltd. (TSE:1911) and Noritz Corporation (TSE:5943) and others on January 30, 2026. For the period ending March 31, 2025, Toclas Corporation reported total revenue of ¥25.94 billion and EBIT of ¥461 million. As of March 31, 2025, Toclas Corporation reported total assets of ¥13.87 billion. The expected completion of the transaction is February 27, 2026.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,757, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Consumer Durables industry in Japan. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥819 per share.
分析記事 • Jan 12Here's Why Sumitomo Forestry (TSE:1911) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).
お知らせ • Dec 03Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
分析記事 • Nov 19Cautious Investors Not Rewarding Sumitomo Forestry Co., Ltd.'s (TSE:1911) Performance CompletelySumitomo Forestry Co., Ltd.'s ( TSE:1911 ) price-to-earnings (or "P/E") ratio of 9.2x might make it look like a buy...
Reported Earnings • Nov 01Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥33.54 (down from JP¥48.62 in 3Q 2024). Revenue: JP¥559.1b (up 9.4% from 3Q 2024). Net income: JP¥20.5b (down 31% from 3Q 2024). Profit margin: 3.7% (down from 5.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Oct 22Returns At Sumitomo Forestry (TSE:1911) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Declared Dividend • Sep 09First half dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 5.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (57% 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 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 02Sumitomo Forestry Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
分析記事 • Aug 10Sumitomo Forestry Co., Ltd. Just Missed EPS By 30%: Here's What Analysts Think Will Happen NextTSE:1911 1 Year Share Price vs Fair Value Explore Sumitomo Forestry's Fair Values from the Community and select yours...
Reported Earnings • Aug 08Second quarter 2025 earnings: Revenues in line with analyst expectationsSecond quarter 2025 results: Revenue: JP¥563.1b (up 6.7% from 2Q 2024). Net income: JP¥28.4b (down 15% from 2Q 2024). Profit margin: 5.0% (down from 6.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 26Sumitomo Forestry Co., Ltd.'s (TSE:1911) Subdued P/E Might Signal An OpportunitySumitomo Forestry Co., Ltd.'s ( TSE:1911 ) price-to-earnings (or "P/E") ratio of 8.3x might make it look like a buy...
分析記事 • Jul 11These 4 Measures Indicate That Sumitomo Forestry (TSE:1911) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jun 26Sumitomo Forestry (TSE:1911) Is Paying Out A Larger Dividend Than Last YearSumitomo Forestry Co., Ltd.'s ( TSE:1911 ) dividend will be increasing from last year's payment of the same period to...
分析記事 • Jun 22Sumitomo Forestry (TSE:1911) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Upcoming Dividend • Jun 20Upcoming dividend of JP¥91.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).
お知らせ • Jun 05Sumitomo Forestry Co., Ltd. to Report Q2, 2025 Results on Aug 07, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2025 results on Aug 07, 2025
お知らせ • May 30Sumitomo Forestry Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending December 31, 2025Sumitomo Forestry Co., Ltd. revised dividend guidance for the fiscal year ending December 31, 2025. For the full year, the company expects to pay dividend of JPY 91.50 per share compared to JPY 91.00 per share previously forecasted.
分析記事 • May 24Sumitomo Forestry (TSE:1911) Is Increasing Its Dividend To ¥91.00Sumitomo Forestry Co., Ltd. ( TSE:1911 ) will increase its dividend from last year's comparable payment on the 9th of...
お知らせ • May 16Sumitomo Forestry Co., Ltd. (TSE:1911) completed the acquisition of 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others.Sumitomo Forestry Co., Ltd. (TSE:1911) proposed to acquire 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others for ¥6.2 billion on March 28, 2025. A cash consideration of ¥6.18 billion valued at ¥686 per share will be paid by Sumitomo Forestry Co., Ltd. As part of consideration, ¥6.18 billion is paid towards common equity of LeTech Corporation. In case of termination of transaction, seller will pay a termination fee of ¥250 million. Simultaneous to this tender offer, The Transaction consists of a series of procedures (the "Squeeze-out Procedures") with the second tender offer. The transaction is subject to approval of merger agreement by target board and minimum tender. The Board of Directors of LeTech Corporation formed a special committee for the transaction. The deal has been unanimously approved by the board. The expected completion of the transaction is May 14, 2025. PwC Advisory LLC acted as financial advisor for Sumitomo Forestry Co., Ltd. Anderson Mori & Tomotsune acted as legal advisor for Sumitomo Forestry Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for LeTech Corporation. Plutus Consulting Co., Ltd. acted as financial advisor for LeTech Corporation. Plutus Consulting Co., Ltd. acted as fairness opinion provider for LeTech Corporation. DC Advisory Japan acted as financial advisor to Sumitomo Forestry Co., Ltd. (TSE:1911). Sumitomo Forestry Co., Ltd. (TSE:1911) completed the acquisition of 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others on May 14, 2025. As a result of the first tender offer, 7,290,465 Company shares had been tendered exceeding the minimum number of shares to be purchased resulting in the Offeror acquiring all of those shares.
Reported Earnings • May 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥98.65 (down from JP¥109 in 1Q 2024). Revenue: JP¥511.6b (up 13% from 1Q 2024). Net income: JP¥20.2b (down 9.2% from 1Q 2024). Profit margin: 3.9% (down from 4.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. 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 29% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Apr 11Final dividend of JP¥91.00 announcedShareholders will receive a dividend of JP¥91.00. Ex-date: 27th June 2025 Payment date: 9th September 2025 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (21% 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. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 01Sumitomo Forestry Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Price Target Changed • Feb 28Price target decreased by 7.5% to JP¥6,093Down from JP¥6,585, the current price target is an average from 6 analysts. New target price is 34% above last closing price of JP¥4,557. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of JP¥590 for next year compared to JP¥569 last year.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥4,463, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 131% over the past three years.
Reported Earnings • Feb 15Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥569 (up from JP¥506 in FY 2023). Revenue: JP¥2.05t (up 19% from FY 2023). Net income: JP¥116.5b (up 14% from FY 2023). Profit margin: 5.7% (down from 5.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 13Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2025Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2025.
お知らせ • Jan 17Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2024 Results on Feb 13, 2025Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2024 results on Feb 13, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
New Risk • Nov 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.6% 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 (7.6% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change).
Price Target Changed • Oct 03Price target increased by 8.3% to JP¥6,773Up from JP¥6,257, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥6,840. Stock is up 89% over the past year. The company is forecast to post earnings per share of JP¥570 for next year compared to JP¥506 last year.
お知らせ • Sep 06Sumitomo Forestry Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Declared Dividend • Aug 10Dividend increased to JP¥80.00Dividend of JP¥80.00 is 23% higher than last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥4,346, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,990 per share.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥6,080, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in Japan. Total returns to shareholders of 228% over the past three years.
お知らせ • Jun 06Sumitomo Forestry Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024
Price Target Changed • Jun 05Price target increased by 7.0% to JP¥5,457Up from JP¥5,098, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,552. Stock is up 71% over the past year. The company is forecast to post earnings per share of JP¥537 for next year compared to JP¥506 last year.
Price Target Changed • May 29Price target increased by 11% to JP¥5,348Up from JP¥4,832, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,347. Stock is up 70% over the past year. The company is forecast to post earnings per share of JP¥526 for next year compared to JP¥506 last year.
New Risk • May 26New 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 5.6% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,633, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 167% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,099 per share.
Reported Earnings • May 01First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: JP¥109 (up from JP¥72.07 in 1Q 2023). Revenue: JP¥453.6b (up 21% from 1Q 2023). Net income: JP¥22.2b (up 54% from 1Q 2023). Profit margin: 4.9% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 43%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan.
Buy Or Sell Opportunity • May 01Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to JP¥5,359. The fair value is estimated to be JP¥4,113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last year. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 5.4% per annum over the same time period.
Declared Dividend • Apr 11Final dividend increased to JP¥65.00Dividend of JP¥65.00 is 8.3% higher than last year. Ex-date: 27th June 2024 Payment date: 12th September 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 31Sumitomo Forestry Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
お知らせ • Feb 16Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2024Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥506 (down from JP¥544 in FY 2022). Revenue: JP¥1.73t (up 3.8% from FY 2022). Net income: JP¥102.5b (down 5.7% from FY 2022). Profit margin: 5.9% (down from 6.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.3%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 28Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥65.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%).
Price Target Changed • Nov 21Price target increased by 7.2% to JP¥4,196Up from JP¥3,913, the current price target is an average from 5 analysts. New target price is 8.0% above last closing price of JP¥3,884. Stock is up 65% over the past year. The company is forecast to post earnings per share of JP¥463 for next year compared to JP¥544 last year.
Reported Earnings • Nov 02Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: JP¥92.78 (down from JP¥166 in 3Q 2022). Revenue: JP¥416.4b (down 1.7% from 3Q 2022). Net income: JP¥19.0b (down 43% from 3Q 2022). Profit margin: 4.6% (down from 7.8% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year.
お知らせ • Sep 14Sumitomo Forestry Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
Price Target Changed • Aug 23Price target increased by 7.8% to JP¥3,836Up from JP¥3,560, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥3,924. Stock is up 66% over the past year. The company is forecast to post earnings per share of JP¥444 for next year compared to JP¥544 last year.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,014, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 190% over the past three years.
Reported Earnings • Aug 09Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥151 (up from JP¥135 in 2Q 2022). Revenue: JP¥440.2b (up 2.6% from 2Q 2022). Net income: JP¥30.4b (up 13% from 2Q 2022). Profit margin: 6.9% (up from 6.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jul 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (137% cash payout ratio). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
Upcoming Dividend • Jun 22Upcoming dividend of JP¥60.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 7.7% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%).
Price Target Changed • Jun 08Price target increased by 8.6% to JP¥3,278Up from JP¥3,018, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥3,242. Stock is up 59% over the past year. The company is forecast to post earnings per share of JP¥387 for next year compared to JP¥544 last year.
お知らせ • Jun 07Sumitomo Forestry Co., Ltd. to Report Q2, 2023 Results on Aug 08, 2023Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2023 results on Aug 08, 2023
Reported Earnings • Apr 29First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥72.07 (down from JP¥113 in 1Q 2022). Revenue: JP¥376.3b (up 6.3% from 1Q 2022). Net income: JP¥14.4b (down 36% from 1Q 2022). Profit margin: 3.8% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 3.0%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥544 (up from JP¥458 in FY 2021). Revenue: JP¥1.67t (up 21% from FY 2021). Net income: JP¥108.7b (up 25% from FY 2021). Profit margin: 6.5% (up from 6.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%).
