View Financial HealthSumitomo Forestry 配当と自社株買い配当金 基準チェック /36Sumitomo Forestryは配当を支払う会社で、現在の利回りは3.7%ですが、利益によって十分にカバーされています。次の支払い日は 8th September, 2026で、権利落ち日は29th June, 2026 。主要情報3.7%配当利回り0.5%バイバック利回り総株主利回り4.2%将来の配当利回り5.3%配当成長18.9%次回配当支払日08 Sep 26配当落ち日29 Jun 26一株当たり配当金n/a配当性向32%最近の配当と自社株買いの更新Upcoming Dividend • Jun 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 08 September 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.7%).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.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%).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.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 • 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.すべての更新を表示Recent updatesお知らせ • Jun 25Sumitomo Forestry Co., Ltd. to Report Q2, 2026 Results on Aug 07, 2026Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2026 results on Aug 07, 2026Upcoming Dividend • Jun 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 08 September 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.7%).Price Target Changed • May 26Price target decreased by 7.2% to JP¥1,767Down from JP¥1,905, the current price target is an average from 5 analysts. New target price is 35% above last closing price of JP¥1,306. Stock is down 6.3% over the past year. The company is forecast to post earnings per share of JP¥149 for next year compared to JP¥174 last year.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...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.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, 2023決済の安定と成長配当データの取得安定した配当: 1911の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 1911の配当金は過去10年間にわたって増加しています。配当利回り対市場Sumitomo Forestry 配当利回り対市場1911 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (1911)3.7%市場下位25% (JP)1.8%市場トップ25% (JP)3.9%業界平均 (Consumer Durables)1.5%アナリスト予想 (1911) (最長3年)5.3%注目すべき配当: 1911の配当金 ( 3.7% ) はJP市場の配当金支払者の下位 25% ( 1.83% ) よりも高くなっています。高配当: 1911の配当金 ( 3.7% ) はJP市場の配当金支払者の上位 25% ( 3.93% ) と比較すると低いです。株主への利益配当収益カバレッジ: 1911の 配当性向 ( 31.6% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 1911は高い 現金配当性向 ( 171.7% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YJP 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/29 07:28終値2026/06/29 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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
Upcoming Dividend • Jun 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 08 September 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.7%).
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.
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%).
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.
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 • 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.
お知らせ • Jun 25Sumitomo Forestry Co., Ltd. to Report Q2, 2026 Results on Aug 07, 2026Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2026 results on Aug 07, 2026
Upcoming Dividend • Jun 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 08 September 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.7%).
Price Target Changed • May 26Price target decreased by 7.2% to JP¥1,767Down from JP¥1,905, the current price target is an average from 5 analysts. New target price is 35% above last closing price of JP¥1,306. Stock is down 6.3% over the past year. The company is forecast to post earnings per share of JP¥149 for next year compared to JP¥174 last year.
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...
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.
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