View ValuationHeiwa 将来の成長Future 基準チェック /46Heiwa利益と収益がそれぞれ年間21.2%と5.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に7.6% 21.2%なると予測されています。主要情報21.2%収益成長率21.19%EPS成長率Hospitality 収益成長13.2%収益成長率5.6%将来の株主資本利益率7.60%アナリストカバレッジLow最終更新日29 May 2026今後の成長に関する最新情報Major Estimate Revision • May 30Consensus EPS estimates fall by 18%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥269.5b to JP¥279.0b. EPS estimate fell from JP¥203 to JP¥167 per share. Net income forecast to grow 41% next year vs 11% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price fell 2.5% to JP¥1,942 over the past week.Major Estimate Revision • Mar 10Consensus EPS estimates fall by 59%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥270.4b to JP¥258.0b. EPS estimate also fell from JP¥197 per share to JP¥80.10 per share. Net income forecast to grow 89% next year vs 18% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,860 unchanged from last update. Share price was steady at JP¥1,992 over the past week.Price Target Changed • Nov 29Price target increased by 10% to JP¥3,720Up from JP¥3,380, the current price target is provided by 1 analyst. New target price is 75% above last closing price of JP¥2,130. Stock is down 13% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥210 last year.Major Estimate Revision • Aug 17Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥159.7b to JP¥144.7b. EPS estimate also fell from JP¥211 per share to JP¥184 per share. Net income forecast to shrink 7.6% next year vs 15% growth forecast for Hospitality industry in Japan . Consensus price target down from JP¥3,710 to JP¥3,380. Share price fell 11% to JP¥2,203 over the past week.Price Target Changed • Aug 15Price target decreased by 11% to JP¥3,380Down from JP¥3,800, the current price target is provided by 1 analyst. New target price is 50% above last closing price of JP¥2,255. Stock is up 9.0% over the past year. The company is forecast to post earnings per share of JP¥184 for next year compared to JP¥210 last year.Major Estimate Revision • Feb 18Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥145.1b to JP¥141.4b. EPS estimate rose from JP¥166 to JP¥186. Net income forecast to grow 21% next year vs 8.4% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥2,580 to JP¥3,800. Share price was steady at JP¥2,342 over the past week.すべての更新を表示Recent updatesMajor Estimate Revision • May 30Consensus EPS estimates fall by 18%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥269.5b to JP¥279.0b. EPS estimate fell from JP¥203 to JP¥167 per share. Net income forecast to grow 41% next year vs 11% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price fell 2.5% to JP¥1,942 over the past week.ライブニュース • May 16Heiwa to Launch Holding Company Structure in 2026 After Surpassing FY2026 Profit ForecastsHeiwa plans to shift to a pure holding company structure on October 1, 2026, under the new name HEIWA HOLDINGS INC., separating group oversight from day‑to‑day operations. The pachinko and pachi slot machine operations will move into a new subsidiary, Olympia Co., Ltd., which will be led by current Representative Director Toshinobu Moromizato after his retirement from the board. The company reported FY2026 results that came in above its initial sales and profit forecasts, supported by lower R&D spending in machines, gains on asset sales, reduced disaster recovery costs, and lower impairment losses in the golf business, while keeping dividends and the balance sheet steady. This combination of a holding company transition and stronger‑than‑planned FY2026 earnings points to a management focus on clearer governance, capital allocation and steady shareholder returns. Investors may want to watch how the new structure affects decision‑making speed in core pachinko operations and whether items such as asset sales and tax adjustments recur or fade in future profit figures.Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥118 (down from JP¥132 in FY 2025). Revenue: JP¥258.1b (up 77% from FY 2025). Net income: JP¥11.7b (down 11% from FY 2025). Profit margin: 4.5% (down from 9.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 44%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year.お知らせ • May 13Heiwa Corporation, Annual General Meeting, Jun 26, 2026Heiwa Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • May 10Heiwa Corporation to Report Fiscal Year 2026 Results on May 13, 2026Heiwa Corporation announced that they will report fiscal year 2026 results on May 13, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio and cash payout ratio are on the higher end at 83% and 88% respectively. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%).お知らせ • Mar 23Heiwa Corporation(TSE:6412) dropped from FTSE All-World Index (USD)Heiwa Corporation(TSE:6412) dropped from FTSE All-World Index (USD)Major Estimate Revision • Mar 10Consensus EPS estimates fall by 59%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥270.4b to JP¥258.0b. EPS estimate also fell from JP¥197 per share to JP¥80.10 per share. Net income forecast to grow 89% next year vs 18% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,860 unchanged from last update. Share price was steady at JP¥1,992 over the past week.Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥73.50 (vs JP¥103 in 3Q 2025)Third quarter 2026 results: EPS: JP¥73.50 (down from JP¥103 in 3Q 2025). Revenue: JP¥75.1b (up 60% from 3Q 2025). Net income: JP¥7.25b (down 29% from 3Q 2025). Profit margin: 9.7% (down from 22% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.分析記事 • Dec 11Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) will pay a dividend of ¥40.00 on the 30th of June. The dividend yield will be 4.1% based...Declared Dividend • Dec 11First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 4.1%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 03Heiwa Corporation to Report Q3, 2026 Results on Feb 10, 2026Heiwa Corporation announced that they will report Q3, 2026 results on Feb 10, 2026Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥16.50 (vs JP¥48.53 in 2Q 2025)Second quarter 2026 results: EPS: JP¥16.50 (down from JP¥48.53 in 2Q 2025). Revenue: JP¥61.2b (up 69% from 2Q 2025). Net income: JP¥1.63b (down 66% from 2Q 2025). Profit margin: 2.7% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 51% and the cash payout ratio is 82%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.8%).分析記事 • Sep 03Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 10th of December...お知らせ • Sep 03Heiwa Corporation to Report Q2, 2026 Results on Nov 13, 2025Heiwa Corporation announced that they will report Q2, 2026 results on Nov 13, 2025Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥82.94 (vs JP¥57.07 in 1Q 2025)First quarter 2026 results: EPS: JP¥82.94 (up from JP¥57.07 in 1Q 2025). Revenue: JP¥70.2b (up 97% from 1Q 2025). Net income: JP¥8.18b (up 45% from 1Q 2025). Profit margin: 12% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.分析記事 • Jul 24Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 10th of December...分析記事 • Jul 10Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 10th of December. This...Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 10th December 2025 Dividend yield will be 3.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 61% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 02Heiwa Corporation to Report Q1, 2026 Results on Aug 08, 2025Heiwa Corporation announced that they will report Q1, 2026 results on Aug 08, 2025New Risk • May 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.0% 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 (4.0% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (131% cash payout ratio).分析記事 • May 19Heiwa Corporation's (TSE:6412) Price Is Right But Growth Is LackingHeiwa Corporation's ( TSE:6412 ) price-to-earnings (or "P/E") ratio of 8.2x might make it look like a buy right now...お知らせ • May 14Heiwa Corporation, Annual General Meeting, Jun 27, 2025Heiwa Corporation, Annual General Meeting, Jun 27, 2025.分析記事 • Mar 27Heiwa (TSE:6412) Has Affirmed Its Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. The...お知らせ • Mar 27Heiwa Corporation to Report Fiscal Year 2025 Results on May 14, 2025Heiwa Corporation announced that they will report fiscal year 2025 results on May 14, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%).分析記事 • Mar 06Heiwa's (TSE:6412) Dividend Will Be ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th of June. This...分析記事 • Feb 17Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) will pay a dividend of ¥40.00 on the 30th of June. This makes the dividend yield 3.4...Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥103 (vs JP¥42.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥103 (up from JP¥42.31 in 3Q 2024). Revenue: JP¥47.0b (up 30% from 3Q 2024). Net income: JP¥10.2b (up 144% from 3Q 2024). Profit margin: 22% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.分析記事 • Feb 03Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...分析記事 • Jan 08Heiwa (TSE:6412) Has Affirmed Its Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...分析記事 • Dec 25Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...分析記事 • Dec 11Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. Based on...Declared Dividend • Dec 11First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (139% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Dec 05Heiwa Corporation to Report Q3, 2025 Results on Feb 07, 2025Heiwa Corporation announced that they will report Q3, 2025 results on Feb 07, 2025Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥48.53 (vs JP¥25.28 in 2Q 2024)Second quarter 2025 results: EPS: JP¥48.53 (up from JP¥25.28 in 2Q 2024). Revenue: JP¥36.2b (up 14% from 2Q 2024). Net income: JP¥4.79b (up 92% from 2Q 2024). Profit margin: 13% (up from 7.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.分析記事 • Oct 25Heiwa (TSE:6412) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%).分析記事 • Aug 31Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of...お知らせ • Aug 30Heiwa Corporation to Report Q2, 2025 Results on Nov 08, 2024Heiwa Corporation announced that they will report Q2, 2025 results on Nov 08, 2024分析記事 • Aug 12Heiwa (TSE:6412) Is Due To Pay A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of December...Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥57.06 (vs JP¥50.12 in 1Q 2024)First quarter 2025 results: EPS: JP¥57.06 (up from JP¥50.12 in 1Q 2024). Revenue: JP¥35.6b (up 1.8% from 1Q 2024). Net income: JP¥5.63b (up 14% from 1Q 2024). Profit margin: 16% (up from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.分析記事 • Jul 26Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of...分析記事 • Jul 12Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of December...Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 3.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but not covered by cash flows (312% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.お知らせ • Jun 10Heiwa Corporation to Report Q1, 2025 Results on Aug 08, 2024Heiwa Corporation announced that they will report Q1, 2025 results on Aug 08, 2024Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥168 (vs JP¥210 in FY 2023)Full year 2024 results: EPS: JP¥168 (down from JP¥210 in FY 2023). Revenue: JP¥136.4b (down 4.2% from FY 2023). Net income: JP¥16.6b (down 20% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • May 12Heiwa Corporation, Annual General Meeting, Jun 27, 2024Heiwa Corporation, Annual General Meeting, Jun 27, 2024.分析記事 • Apr 02Heiwa Corporation's (TSE:6412) Price Is Out Of Tune With EarningsThere wouldn't be many who think Heiwa Corporation's ( TSE:6412 ) price-to-earnings (or "P/E") ratio of 16.5x is worth...Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%).分析記事 • Mar 02Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend on the 1st of July, with...お知らせ • Mar 02Heiwa Corporation to Report Fiscal Year 2024 Results on May 10, 2024Heiwa Corporation announced that they will report fiscal year 2024 results on May 10, 2024Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥42.31 (vs JP¥98.43 in 3Q 2023)Third quarter 2024 results: EPS: JP¥42.31 (down from JP¥98.43 in 3Q 2023). Revenue: JP¥36.1b (down 20% from 3Q 2023). Net income: JP¥4.17b (down 57% from 3Q 2023). Profit margin: 12% (down from 21% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 03Heiwa Corporation to Report Q3, 2024 Results on Feb 09, 2024Heiwa Corporation announced that they will report Q3, 2024 results on Feb 09, 2024Price Target Changed • Nov 29Price target increased by 10% to JP¥3,720Up from JP¥3,380, the current price target is provided by 1 analyst. New target price is 75% above last closing price of JP¥2,130. Stock is down 13% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥210 last year.Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥25.28 (vs JP¥55.19 in 2Q 2023)Second quarter 2024 results: EPS: JP¥25.28 (down from JP¥55.19 in 2Q 2023). Revenue: JP¥31.8b (down 12% from 2Q 2023). Net income: JP¥2.49b (down 54% from 2Q 2023). Profit margin: 7.8% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥40.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.5%).お知らせ • Aug 31Heiwa Corporation to Report Q2, 2024 Results on Nov 09, 2023Heiwa Corporation announced that they will report Q2, 2024 results on Nov 09, 2023Major Estimate Revision • Aug 17Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥159.7b to JP¥144.7b. EPS estimate also fell from JP¥211 per share to JP¥184 per share. Net income forecast to shrink 7.6% next year vs 15% growth forecast for Hospitality industry in Japan . Consensus price target down from JP¥3,710 to JP¥3,380. Share price fell 11% to JP¥2,203 over the past week.Price Target Changed • Aug 15Price target decreased by 11% to JP¥3,380Down from JP¥3,800, the current price target is provided by 1 analyst. New target price is 50% above last closing price of JP¥2,255. Stock is up 9.0% over the past year. The company is forecast to post earnings per share of JP¥184 for next year compared to JP¥210 last year.Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥50.12 (vs JP¥54.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥50.12 (down from JP¥54.29 in 1Q 2023). Revenue: JP¥34.9b (flat on 1Q 2023). Net income: JP¥4.94b (down 7.7% from 1Q 2023). Profit margin: 14% (down from 15% in 1Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 18Heiwa Corporation to Report Q1, 2024 Results on Aug 09, 2023Heiwa Corporation announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 17Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥210 (up from JP¥22.23 in FY 2022). Revenue: JP¥142.3b (up 17% from FY 2022). Net income: JP¥20.7b (up JP¥18.5b from FY 2022). Profit margin: 14% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • May 14Heiwa Corporation, Annual General Meeting, Jun 29, 2023Heiwa Corporation, Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.5%).Major Estimate Revision • Feb 18Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥145.1b to JP¥141.4b. EPS estimate rose from JP¥166 to JP¥186. Net income forecast to grow 21% next year vs 8.4% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥2,580 to JP¥3,800. Share price was steady at JP¥2,342 over the past week.Price Target Changed • Feb 17Price target increased by 50% to JP¥3,800Up from JP¥2,540, the current price target is provided by 1 analyst. New target price is 62% above last closing price of JP¥2,342. Stock is up 21% over the past year. The company is forecast to post earnings per share of JP¥186 for next year compared to JP¥22.23 last year.Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥98.43 (vs JP¥20.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥98.43 (up from JP¥20.90 in 3Q 2022). Revenue: JP¥45.3b (up 35% from 3Q 2022). Net income: JP¥9.71b (up 371% from 3Q 2022). Profit margin: 21% (up from 6.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 21Heiwa Corporation to Report Q3, 2023 Results on Feb 08, 2023Heiwa Corporation announced that they will report Q3, 2023 results on Feb 08, 2023Reported Earnings • Nov 16Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥55.19 (up from JP¥0.91 loss in 2Q 2022). Revenue: JP¥36.2b (up 36% from 2Q 2022). Net income: JP¥5.44b (up JP¥5.53b from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. 1 independent director (10 non-independent directors). Independent External Director Kota Yamaguchi was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 11Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥55.19 (up from JP¥0.91 loss in 2Q 2022). Revenue: JP¥36.2b (up 36% from 2Q 2022). Net income: JP¥5.44b (up JP¥5.53b from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.5%).Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥54.29 (vs JP¥26.70 in 1Q 2022)First quarter 2023 results: EPS: JP¥54.29 (up from JP¥26.70 in 1Q 2022). Revenue: JP¥34.7b (up 8.4% from 1Q 2022). Net income: JP¥5.36b (up 103% from 1Q 2022). Profit margin: 15% (up from 8.2% in 1Q 2022). Over the next year, revenue is forecast to grow 17%, compared to a 38% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • May 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥22.23 (up from JP¥8.77 in FY 2021). Revenue: JP¥121.6b (up 13% from FY 2021). Net income: JP¥2.19b (up 154% from FY 2021). Profit margin: 1.8% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 57%. Over the next year, revenue is forecast to grow 12%, compared to a 49% growth forecast for the restaurants industry in Japan. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. 1 independent director (10 non-independent directors). Independent External Director Kota Yamaguchi was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).Reported Earnings • Feb 10Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥20.90 (down from JP¥37.02 in 3Q 2021). Revenue: JP¥33.6b (down 12% from 3Q 2021). Net income: JP¥2.06b (down 44% from 3Q 2021). Profit margin: 6.1% (down from 9.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 6.5%, compared to a 3.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 11Second quarter 2022 earnings released: JP¥0.91 loss per share (vs JP¥3.71 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥26.7b (up 24% from 2Q 2021). Net loss: JP¥90.0m (loss narrowed 75% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥26.70 (vs JP¥58.93 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥32.1b (up 98% from 1Q 2021). Net income: JP¥2.63b (up JP¥8.45b from 1Q 2021). Profit margin: 8.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jun 03Consensus EPS estimates increase to JP¥144The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥122.6b to JP¥133.3b. EPS estimate increased from JP¥127 to JP¥144 per share. Net income forecast to grow 1,542% next year vs 33% growth forecast for Leisure industry in Japan. Consensus price target up from JP¥2,520 to JP¥2,600. Share price rose 2.5% to JP¥1,858 over the past week.Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥8.77 (vs JP¥161 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥107.7b (down 26% from FY 2020). Net income: JP¥865.0m (down 95% from FY 2020). Profit margin: 0.8% (down from 11% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).Price Target Changed • Mar 04Price target raised to JP¥2,520Up from JP¥1,990, the current price target is provided by 1 analyst. The new target price is 39% above the current share price of JP¥1,815. As of last close, the stock is down 11% over the past year.Is New 90 Day High Low • Feb 22New 90-day high: JP¥1,601The company is up 4.0% from its price of JP¥1,542 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 6.0% over the same period.Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥37.02 (vs JP¥59.70 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥38.3b (down 5.2% from 3Q 2020). Net income: JP¥3.65b (down 38% from 3Q 2020). Profit margin: 9.5% (down from 15% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 13%, compared to a 9.0% growth forecast for the Leisure industry in Japan.Is New 90 Day High Low • Dec 28New 90-day low: JP¥1,420The company is down 21% from its price of JP¥1,792 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 12% over the same period.業績と収益の成長予測TSE:6412 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029305,00021,000N/A53,79013/31/2028292,65021,95037,70556,64823/31/2027279,00016,50017,66941,37713/31/2026258,10711,6709,70341,210N/A12/31/2025233,6399,5378,94537,265N/A9/30/2025205,54812,4567,55532,280N/A6/30/2025180,53015,6169,56530,699N/A3/31/2025145,86713,0646,02824,925N/A12/31/2024152,35925,58513,32229,253N/A9/30/2024141,45619,5905,69419,996N/A6/30/2024137,02517,296-2,77811,800N/A3/31/2024136,38116,6112,53113,926N/A12/31/2023128,84111,78833010,621N/A9/30/2023138,07517,3237,55818,182N/A6/30/2023142,50120,27321,79629,838N/A3/31/2023142,29020,68517,83225,585N/A12/31/2022145,43518,09522,20429,834N/A9/30/2022133,73410,44815,83922,855N/A6/30/2022124,2384,9157,79915,882N/A3/31/2022121,5582,19313,01820,436N/A12/31/2021124,0117,99715,05922,648N/A9/30/2021128,7179,58716,82524,692N/A6/30/2021123,6229,3115,36211,845N/A3/31/2021107,744865-7647,033N/A12/31/2020106,348-1,952-5,5853,096N/A9/30/2020108,443286-9,451368N/A6/30/2020123,9374,2021,56911,287N/A3/31/2020144,57315,8724,11712,576N/A12/31/2019147,86314,780N/A17,987N/A9/30/2019138,68012,259N/A17,275N/A6/30/2019140,16114,008N/A28,951N/A3/31/2019144,98016,341N/A35,188N/A12/31/2018143,98317,736N/A33,473N/A9/30/2018150,79918,166N/A34,118N/A6/30/2018143,84612,586N/A26,170N/A3/31/2018132,7656,799N/A17,538N/A12/31/2017136,9499,561N/A7,610N/A9/30/2017154,76214,422N/A16,563N/A6/30/2017167,41021,812N/A23,036N/A3/31/2017186,21827,058N/A35,891N/A12/31/2016191,06623,239N/A47,703N/A9/30/2016188,96723,653N/A18,252N/A6/30/2016216,77129,789N/A43,432N/A3/31/2016214,95428,143N/A26,459N/A12/31/2015221,12433,299N/A27,457N/A9/30/2015207,25527,414N/A44,125N/A6/30/2015182,27520,878N/A12,988N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6412の予測収益成長率 (年間21.2% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 6412の収益 ( 21.2% ) はJP市場 ( 8.9% ) よりも速いペースで成長すると予測されています。高成長収益: 6412の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 6412の収益 ( 5.6% ) JP市場 ( 5.6% ) よりも速いペースで成長すると予測されています。高い収益成長: 6412の収益 ( 5.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6412の 自己資本利益率 は、3年後には低くなると予測されています ( 7.6 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/01 07:54終値2026/06/01 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク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Heiwa Corporation 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Yuki OkishioBarclaysMasatoshi NagataIchiyoshi Research Institute Inc.Soichiro FukudaTokai Tokyo Intelligence Laboratory Co., Ltd.
Major Estimate Revision • May 30Consensus EPS estimates fall by 18%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥269.5b to JP¥279.0b. EPS estimate fell from JP¥203 to JP¥167 per share. Net income forecast to grow 41% next year vs 11% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price fell 2.5% to JP¥1,942 over the past week.
Major Estimate Revision • Mar 10Consensus EPS estimates fall by 59%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥270.4b to JP¥258.0b. EPS estimate also fell from JP¥197 per share to JP¥80.10 per share. Net income forecast to grow 89% next year vs 18% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,860 unchanged from last update. Share price was steady at JP¥1,992 over the past week.
Price Target Changed • Nov 29Price target increased by 10% to JP¥3,720Up from JP¥3,380, the current price target is provided by 1 analyst. New target price is 75% above last closing price of JP¥2,130. Stock is down 13% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥210 last year.
Major Estimate Revision • Aug 17Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥159.7b to JP¥144.7b. EPS estimate also fell from JP¥211 per share to JP¥184 per share. Net income forecast to shrink 7.6% next year vs 15% growth forecast for Hospitality industry in Japan . Consensus price target down from JP¥3,710 to JP¥3,380. Share price fell 11% to JP¥2,203 over the past week.
Price Target Changed • Aug 15Price target decreased by 11% to JP¥3,380Down from JP¥3,800, the current price target is provided by 1 analyst. New target price is 50% above last closing price of JP¥2,255. Stock is up 9.0% over the past year. The company is forecast to post earnings per share of JP¥184 for next year compared to JP¥210 last year.
Major Estimate Revision • Feb 18Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥145.1b to JP¥141.4b. EPS estimate rose from JP¥166 to JP¥186. Net income forecast to grow 21% next year vs 8.4% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥2,580 to JP¥3,800. Share price was steady at JP¥2,342 over the past week.
Major Estimate Revision • May 30Consensus EPS estimates fall by 18%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥269.5b to JP¥279.0b. EPS estimate fell from JP¥203 to JP¥167 per share. Net income forecast to grow 41% next year vs 11% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price fell 2.5% to JP¥1,942 over the past week.
ライブニュース • May 16Heiwa to Launch Holding Company Structure in 2026 After Surpassing FY2026 Profit ForecastsHeiwa plans to shift to a pure holding company structure on October 1, 2026, under the new name HEIWA HOLDINGS INC., separating group oversight from day‑to‑day operations. The pachinko and pachi slot machine operations will move into a new subsidiary, Olympia Co., Ltd., which will be led by current Representative Director Toshinobu Moromizato after his retirement from the board. The company reported FY2026 results that came in above its initial sales and profit forecasts, supported by lower R&D spending in machines, gains on asset sales, reduced disaster recovery costs, and lower impairment losses in the golf business, while keeping dividends and the balance sheet steady. This combination of a holding company transition and stronger‑than‑planned FY2026 earnings points to a management focus on clearer governance, capital allocation and steady shareholder returns. Investors may want to watch how the new structure affects decision‑making speed in core pachinko operations and whether items such as asset sales and tax adjustments recur or fade in future profit figures.
Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥118 (down from JP¥132 in FY 2025). Revenue: JP¥258.1b (up 77% from FY 2025). Net income: JP¥11.7b (down 11% from FY 2025). Profit margin: 4.5% (down from 9.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 44%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year.
お知らせ • May 13Heiwa Corporation, Annual General Meeting, Jun 26, 2026Heiwa Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • May 10Heiwa Corporation to Report Fiscal Year 2026 Results on May 13, 2026Heiwa Corporation announced that they will report fiscal year 2026 results on May 13, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio and cash payout ratio are on the higher end at 83% and 88% respectively. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%).
お知らせ • Mar 23Heiwa Corporation(TSE:6412) dropped from FTSE All-World Index (USD)Heiwa Corporation(TSE:6412) dropped from FTSE All-World Index (USD)
Major Estimate Revision • Mar 10Consensus EPS estimates fall by 59%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥270.4b to JP¥258.0b. EPS estimate also fell from JP¥197 per share to JP¥80.10 per share. Net income forecast to grow 89% next year vs 18% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,860 unchanged from last update. Share price was steady at JP¥1,992 over the past week.
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥73.50 (vs JP¥103 in 3Q 2025)Third quarter 2026 results: EPS: JP¥73.50 (down from JP¥103 in 3Q 2025). Revenue: JP¥75.1b (up 60% from 3Q 2025). Net income: JP¥7.25b (down 29% from 3Q 2025). Profit margin: 9.7% (down from 22% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
分析記事 • Dec 11Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) will pay a dividend of ¥40.00 on the 30th of June. The dividend yield will be 4.1% based...
Declared Dividend • Dec 11First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 4.1%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 03Heiwa Corporation to Report Q3, 2026 Results on Feb 10, 2026Heiwa Corporation announced that they will report Q3, 2026 results on Feb 10, 2026
Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥16.50 (vs JP¥48.53 in 2Q 2025)Second quarter 2026 results: EPS: JP¥16.50 (down from JP¥48.53 in 2Q 2025). Revenue: JP¥61.2b (up 69% from 2Q 2025). Net income: JP¥1.63b (down 66% from 2Q 2025). Profit margin: 2.7% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 51% and the cash payout ratio is 82%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.8%).
分析記事 • Sep 03Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 10th of December...
お知らせ • Sep 03Heiwa Corporation to Report Q2, 2026 Results on Nov 13, 2025Heiwa Corporation announced that they will report Q2, 2026 results on Nov 13, 2025
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥82.94 (vs JP¥57.07 in 1Q 2025)First quarter 2026 results: EPS: JP¥82.94 (up from JP¥57.07 in 1Q 2025). Revenue: JP¥70.2b (up 97% from 1Q 2025). Net income: JP¥8.18b (up 45% from 1Q 2025). Profit margin: 12% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
分析記事 • Jul 24Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 10th of December...
分析記事 • Jul 10Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 10th of December. This...
Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 10th December 2025 Dividend yield will be 3.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 61% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 02Heiwa Corporation to Report Q1, 2026 Results on Aug 08, 2025Heiwa Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
New Risk • May 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.0% 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 (4.0% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (131% cash payout ratio).
分析記事 • May 19Heiwa Corporation's (TSE:6412) Price Is Right But Growth Is LackingHeiwa Corporation's ( TSE:6412 ) price-to-earnings (or "P/E") ratio of 8.2x might make it look like a buy right now...
お知らせ • May 14Heiwa Corporation, Annual General Meeting, Jun 27, 2025Heiwa Corporation, Annual General Meeting, Jun 27, 2025.
分析記事 • Mar 27Heiwa (TSE:6412) Has Affirmed Its Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. The...
お知らせ • Mar 27Heiwa Corporation to Report Fiscal Year 2025 Results on May 14, 2025Heiwa Corporation announced that they will report fiscal year 2025 results on May 14, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%).
分析記事 • Mar 06Heiwa's (TSE:6412) Dividend Will Be ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th of June. This...
分析記事 • Feb 17Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) will pay a dividend of ¥40.00 on the 30th of June. This makes the dividend yield 3.4...
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥103 (vs JP¥42.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥103 (up from JP¥42.31 in 3Q 2024). Revenue: JP¥47.0b (up 30% from 3Q 2024). Net income: JP¥10.2b (up 144% from 3Q 2024). Profit margin: 22% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
分析記事 • Feb 03Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...
分析記事 • Jan 08Heiwa (TSE:6412) Has Affirmed Its Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...
分析記事 • Dec 25Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...
分析記事 • Dec 11Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. Based on...
Declared Dividend • Dec 11First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (139% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 05Heiwa Corporation to Report Q3, 2025 Results on Feb 07, 2025Heiwa Corporation announced that they will report Q3, 2025 results on Feb 07, 2025
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥48.53 (vs JP¥25.28 in 2Q 2024)Second quarter 2025 results: EPS: JP¥48.53 (up from JP¥25.28 in 2Q 2024). Revenue: JP¥36.2b (up 14% from 2Q 2024). Net income: JP¥4.79b (up 92% from 2Q 2024). Profit margin: 13% (up from 7.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
分析記事 • Oct 25Heiwa (TSE:6412) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%).
分析記事 • Aug 31Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of...
お知らせ • Aug 30Heiwa Corporation to Report Q2, 2025 Results on Nov 08, 2024Heiwa Corporation announced that they will report Q2, 2025 results on Nov 08, 2024
分析記事 • Aug 12Heiwa (TSE:6412) Is Due To Pay A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of December...
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥57.06 (vs JP¥50.12 in 1Q 2024)First quarter 2025 results: EPS: JP¥57.06 (up from JP¥50.12 in 1Q 2024). Revenue: JP¥35.6b (up 1.8% from 1Q 2024). Net income: JP¥5.63b (up 14% from 1Q 2024). Profit margin: 16% (up from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
分析記事 • Jul 26Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of...
分析記事 • Jul 12Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of December...
Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 3.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but not covered by cash flows (312% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
お知らせ • Jun 10Heiwa Corporation to Report Q1, 2025 Results on Aug 08, 2024Heiwa Corporation announced that they will report Q1, 2025 results on Aug 08, 2024
Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥168 (vs JP¥210 in FY 2023)Full year 2024 results: EPS: JP¥168 (down from JP¥210 in FY 2023). Revenue: JP¥136.4b (down 4.2% from FY 2023). Net income: JP¥16.6b (down 20% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • May 12Heiwa Corporation, Annual General Meeting, Jun 27, 2024Heiwa Corporation, Annual General Meeting, Jun 27, 2024.
分析記事 • Apr 02Heiwa Corporation's (TSE:6412) Price Is Out Of Tune With EarningsThere wouldn't be many who think Heiwa Corporation's ( TSE:6412 ) price-to-earnings (or "P/E") ratio of 16.5x is worth...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%).
分析記事 • Mar 02Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend on the 1st of July, with...
お知らせ • Mar 02Heiwa Corporation to Report Fiscal Year 2024 Results on May 10, 2024Heiwa Corporation announced that they will report fiscal year 2024 results on May 10, 2024
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥42.31 (vs JP¥98.43 in 3Q 2023)Third quarter 2024 results: EPS: JP¥42.31 (down from JP¥98.43 in 3Q 2023). Revenue: JP¥36.1b (down 20% from 3Q 2023). Net income: JP¥4.17b (down 57% from 3Q 2023). Profit margin: 12% (down from 21% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 03Heiwa Corporation to Report Q3, 2024 Results on Feb 09, 2024Heiwa Corporation announced that they will report Q3, 2024 results on Feb 09, 2024
Price Target Changed • Nov 29Price target increased by 10% to JP¥3,720Up from JP¥3,380, the current price target is provided by 1 analyst. New target price is 75% above last closing price of JP¥2,130. Stock is down 13% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥210 last year.
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥25.28 (vs JP¥55.19 in 2Q 2023)Second quarter 2024 results: EPS: JP¥25.28 (down from JP¥55.19 in 2Q 2023). Revenue: JP¥31.8b (down 12% from 2Q 2023). Net income: JP¥2.49b (down 54% from 2Q 2023). Profit margin: 7.8% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥40.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.5%).
お知らせ • Aug 31Heiwa Corporation to Report Q2, 2024 Results on Nov 09, 2023Heiwa Corporation announced that they will report Q2, 2024 results on Nov 09, 2023
Major Estimate Revision • Aug 17Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥159.7b to JP¥144.7b. EPS estimate also fell from JP¥211 per share to JP¥184 per share. Net income forecast to shrink 7.6% next year vs 15% growth forecast for Hospitality industry in Japan . Consensus price target down from JP¥3,710 to JP¥3,380. Share price fell 11% to JP¥2,203 over the past week.
Price Target Changed • Aug 15Price target decreased by 11% to JP¥3,380Down from JP¥3,800, the current price target is provided by 1 analyst. New target price is 50% above last closing price of JP¥2,255. Stock is up 9.0% over the past year. The company is forecast to post earnings per share of JP¥184 for next year compared to JP¥210 last year.
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥50.12 (vs JP¥54.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥50.12 (down from JP¥54.29 in 1Q 2023). Revenue: JP¥34.9b (flat on 1Q 2023). Net income: JP¥4.94b (down 7.7% from 1Q 2023). Profit margin: 14% (down from 15% in 1Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 18Heiwa Corporation to Report Q1, 2024 Results on Aug 09, 2023Heiwa Corporation announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 17Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥210 (up from JP¥22.23 in FY 2022). Revenue: JP¥142.3b (up 17% from FY 2022). Net income: JP¥20.7b (up JP¥18.5b from FY 2022). Profit margin: 14% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • May 14Heiwa Corporation, Annual General Meeting, Jun 29, 2023Heiwa Corporation, Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.5%).
Major Estimate Revision • Feb 18Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥145.1b to JP¥141.4b. EPS estimate rose from JP¥166 to JP¥186. Net income forecast to grow 21% next year vs 8.4% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥2,580 to JP¥3,800. Share price was steady at JP¥2,342 over the past week.
Price Target Changed • Feb 17Price target increased by 50% to JP¥3,800Up from JP¥2,540, the current price target is provided by 1 analyst. New target price is 62% above last closing price of JP¥2,342. Stock is up 21% over the past year. The company is forecast to post earnings per share of JP¥186 for next year compared to JP¥22.23 last year.
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥98.43 (vs JP¥20.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥98.43 (up from JP¥20.90 in 3Q 2022). Revenue: JP¥45.3b (up 35% from 3Q 2022). Net income: JP¥9.71b (up 371% from 3Q 2022). Profit margin: 21% (up from 6.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 21Heiwa Corporation to Report Q3, 2023 Results on Feb 08, 2023Heiwa Corporation announced that they will report Q3, 2023 results on Feb 08, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥55.19 (up from JP¥0.91 loss in 2Q 2022). Revenue: JP¥36.2b (up 36% from 2Q 2022). Net income: JP¥5.44b (up JP¥5.53b from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. 1 independent director (10 non-independent directors). Independent External Director Kota Yamaguchi was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 11Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥55.19 (up from JP¥0.91 loss in 2Q 2022). Revenue: JP¥36.2b (up 36% from 2Q 2022). Net income: JP¥5.44b (up JP¥5.53b from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.5%).
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥54.29 (vs JP¥26.70 in 1Q 2022)First quarter 2023 results: EPS: JP¥54.29 (up from JP¥26.70 in 1Q 2022). Revenue: JP¥34.7b (up 8.4% from 1Q 2022). Net income: JP¥5.36b (up 103% from 1Q 2022). Profit margin: 15% (up from 8.2% in 1Q 2022). Over the next year, revenue is forecast to grow 17%, compared to a 38% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • May 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥22.23 (up from JP¥8.77 in FY 2021). Revenue: JP¥121.6b (up 13% from FY 2021). Net income: JP¥2.19b (up 154% from FY 2021). Profit margin: 1.8% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 57%. Over the next year, revenue is forecast to grow 12%, compared to a 49% growth forecast for the restaurants industry in Japan. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. 1 independent director (10 non-independent directors). Independent External Director Kota Yamaguchi was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).
Reported Earnings • Feb 10Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥20.90 (down from JP¥37.02 in 3Q 2021). Revenue: JP¥33.6b (down 12% from 3Q 2021). Net income: JP¥2.06b (down 44% from 3Q 2021). Profit margin: 6.1% (down from 9.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 6.5%, compared to a 3.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 11Second quarter 2022 earnings released: JP¥0.91 loss per share (vs JP¥3.71 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥26.7b (up 24% from 2Q 2021). Net loss: JP¥90.0m (loss narrowed 75% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥26.70 (vs JP¥58.93 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥32.1b (up 98% from 1Q 2021). Net income: JP¥2.63b (up JP¥8.45b from 1Q 2021). Profit margin: 8.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jun 03Consensus EPS estimates increase to JP¥144The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥122.6b to JP¥133.3b. EPS estimate increased from JP¥127 to JP¥144 per share. Net income forecast to grow 1,542% next year vs 33% growth forecast for Leisure industry in Japan. Consensus price target up from JP¥2,520 to JP¥2,600. Share price rose 2.5% to JP¥1,858 over the past week.
Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥8.77 (vs JP¥161 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥107.7b (down 26% from FY 2020). Net income: JP¥865.0m (down 95% from FY 2020). Profit margin: 0.8% (down from 11% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
Price Target Changed • Mar 04Price target raised to JP¥2,520Up from JP¥1,990, the current price target is provided by 1 analyst. The new target price is 39% above the current share price of JP¥1,815. As of last close, the stock is down 11% over the past year.
Is New 90 Day High Low • Feb 22New 90-day high: JP¥1,601The company is up 4.0% from its price of JP¥1,542 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 6.0% over the same period.
Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥37.02 (vs JP¥59.70 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥38.3b (down 5.2% from 3Q 2020). Net income: JP¥3.65b (down 38% from 3Q 2020). Profit margin: 9.5% (down from 15% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 13%, compared to a 9.0% growth forecast for the Leisure industry in Japan.
Is New 90 Day High Low • Dec 28New 90-day low: JP¥1,420The company is down 21% from its price of JP¥1,792 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 12% over the same period.