New Risk • May 13
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 131% Dividend yield: 3.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥165 (vs JP¥182 in FY 2025) Full year 2026 results: EPS: JP¥165 (down from JP¥182 in FY 2025). Revenue: JP¥339.5b (flat on FY 2025). Net income: JP¥9.20b (down 13% from FY 2025). Profit margin: 2.7% (down from 3.1% in FY 2025). Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. お知らせ • May 09
Mitsuuroko Group Holdings Co.,Ltd. to Report Fiscal Year 2026 Results on May 08, 2026 Mitsuuroko Group Holdings Co.,Ltd. announced that they will report fiscal year 2026 results on May 08, 2026 お知らせ • May 08
Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 17, 2026 Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 17, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥66.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 18 June 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥31.38 (vs JP¥61.55 in 3Q 2025) Third quarter 2026 results: EPS: JP¥31.38 (down from JP¥61.55 in 3Q 2025). Revenue: JP¥84.6b (down 3.4% from 3Q 2025). Net income: JP¥1.75b (down 50% from 3Q 2025). Profit margin: 2.1% (down from 4.0% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year. Declared Dividend • Jan 08
Dividend of JP¥56.00 announced Shareholders will receive a dividend of JP¥56.00. Ex-date: 30th March 2026 Payment date: 18th June 2026 Dividend yield will be 2.5%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 13% 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 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. お知らせ • Nov 10
Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces an Equity Buyback for 2,000,000 shares, representing 3.51% for ¥4,342 million. Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 3.51% of its issued share capital, for ¥4,342 million. The shares will be repurchased for ¥2,171 per share. The purpose of share repurchase to enable flexible execution of capital policies in response to changes in the business environment. As of October 31, 2024, the company had 59,314,432 shares are in issue (excluding treasury stock) and 819,969 shares are in treasury. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥31.80 (vs JP¥12.10 in 2Q 2025) Second quarter 2026 results: EPS: JP¥31.80 (up from JP¥12.10 in 2Q 2025). Revenue: JP¥83.6b (up 2.8% from 2Q 2025). Net income: JP¥1.80b (up 153% from 2Q 2025). Profit margin: 2.1% (up from 0.9% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 29% per year. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥52.04 (vs JP¥18.45 in 1Q 2025) First quarter 2026 results: EPS: JP¥52.04 (up from JP¥18.45 in 1Q 2025). Revenue: JP¥78.4b (up 6.5% from 1Q 2025). Net income: JP¥2.94b (up 171% from 1Q 2025). Profit margin: 3.7% (up from 1.5% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 31% per year. New Risk • Jul 17
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Dividend is not well covered by cash flows (0% cash payout ratio). Large one-off items impacting financial results. New Risk • Jul 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results. Reported Earnings • May 10
Full year 2025 earnings released: EPS: JP¥182 (vs JP¥154 in FY 2024) Full year 2025 results: EPS: JP¥182 (up from JP¥154 in FY 2024). Revenue: JP¥339.7b (up 9.9% from FY 2024). Net income: JP¥10.5b (up 16% from FY 2024). Profit margin: 3.1% (up from 2.9% in FY 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. お知らせ • May 09
Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 17, 2025 Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 17, 2025. Buy Or Sell Opportunity • Apr 01
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.0% to JP¥1,815. The fair value is estimated to be JP¥1,494, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 38%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥41.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 19 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.6%). お知らせ • Mar 04
Mitsuuroko Group Holdings Co.,Ltd. to Report Fiscal Year 2025 Results on May 09, 2025 Mitsuuroko Group Holdings Co.,Ltd. announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥61.55 (vs JP¥21.96 in 3Q 2024) Third quarter 2025 results: EPS: JP¥61.55 (up from JP¥21.96 in 3Q 2024). Revenue: JP¥87.6b (up 8.7% from 3Q 2024). Net income: JP¥3.52b (up 172% from 3Q 2024). Profit margin: 4.0% (up from 1.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jan 06
Dividend of JP¥41.00 announced Shareholders will receive a dividend of JP¥41.00. Ex-date: 28th March 2025 Payment date: 19th June 2025 Dividend yield will be 2.4%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 9.9% 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 4.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Nov 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 3.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (107% cash payout ratio). Profit margins are more than 30% lower than last year (1.7% net profit margin). Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥12.10 (vs JP¥31.52 in 2Q 2024) Second quarter 2025 results: EPS: JP¥12.10 (down from JP¥31.52 in 2Q 2024). Revenue: JP¥81.3b (up 9.3% from 2Q 2024). Net income: JP¥710.0m (down 62% from 2Q 2024). Profit margin: 0.9% (down from 2.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. お知らせ • Nov 08
Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces an Equity Buyback for 2,470,000 shares, representing 4.16% for ¥4,255.81 million. Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces a share repurchase program. Under the program, the company will repurchase up to 2,470,000 shares, representing 4.16% of its issued share capital, for ¥ 4,255.81 million. The shares will be repurchased for ¥1,723 per share. The purpose of share repurchase to enable flexible execution of capital policies in response to changes in the business environment. As of October 31, 2024, the company had 59,314,432 shares are in issue (excluding treasury stock) and 819,969 shares are in treasury. Reported Earnings • Aug 18
First quarter 2025 earnings released: EPS: JP¥18.45 (vs JP¥59.63 in 1Q 2024) First quarter 2025 results: EPS: JP¥18.45 (down from JP¥59.63 in 1Q 2024). Revenue: JP¥73.6b (up 9.9% from 1Q 2024). Net income: JP¥1.08b (down 70% from 1Q 2024). Profit margin: 1.5% (down from 5.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,425, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 10x in the Oil and Gas industry in Japan. Total returns to shareholders of 14% over the past three years. New Risk • Jul 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (107% cash payout ratio). Share price has been volatile over the past 3 months (5.3% average weekly change). Reported Earnings • Jun 21
Full year 2024 earnings released: EPS: JP¥154 (vs JP¥130 in FY 2023) Full year 2024 results: EPS: JP¥154 (up from JP¥130 in FY 2023). Revenue: JP¥309.1b (down 4.5% from FY 2023). Net income: JP¥9.11b (up 17% from FY 2023). Profit margin: 2.9% (up from 2.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,453, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 10x in the Oil and Gas industry in Japan. Total returns to shareholders of 27% over the past three years. Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥154 (vs JP¥130 in FY 2023) Full year 2024 results: EPS: JP¥154 (up from JP¥130 in FY 2023). Revenue: JP¥309.1b (down 4.5% from FY 2023). Net income: JP¥9.11b (up 17% from FY 2023). Profit margin: 2.9% (up from 2.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% 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 11
Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 18, 2024 Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 18, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥39.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 19 June 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.1%). お知らせ • Mar 02
Mitsuuroko Group Holdings Co.,Ltd. to Report Fiscal Year 2024 Results on May 09, 2024 Mitsuuroko Group Holdings Co.,Ltd. announced that they will report fiscal year 2024 results on May 09, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥21.96 (vs JP¥27.16 in 3Q 2023) Third quarter 2024 results: EPS: JP¥21.96 (down from JP¥27.16 in 3Q 2023). Revenue: JP¥80.6b (down 7.2% from 3Q 2023). Net income: JP¥1.30b (down 21% from 3Q 2023). Profit margin: 1.6% (down from 1.9% 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 56% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. お知らせ • Nov 15
Mitsuuroko Group Holdings Co.,Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024 Mitsuuroko Group Holdings Co.,Ltd. provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects dividend of JPY 39.00 per share against JPY 37.00 per share paid for the same period a year ago. お知らせ • Nov 08
Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces an Equity Buyback for 869,000 shares, representing 1.45% for ¥1,197.48 million. Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces a share repurchase program. Under the program, the company will repurchase up to 869,000 shares, representing 1.45% of its issued share capital, for ¥1,197.48 million. The shares will be repurchased at a price of ¥1,378 per share. The purpose of share repurchase to enable flexible execution of capital policies in response to changes in the business environment. As of October 31, 2023, the company had 60,133,212 shares are in issue and 1,189 shares are in treasury. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥31.52 (vs JP¥12.06 in 2Q 2023) Second quarter 2024 results: EPS: JP¥31.52 (up from JP¥12.06 in 2Q 2023). Revenue: JP¥74.3b (down 4.0% from 2Q 2023). Net income: JP¥1.88b (up 160% from 2Q 2023). Profit margin: 2.5% (up from 0.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buying Opportunity • Nov 02
Now 20% undervalued Over the last 90 days, the stock is up 3.4%. The fair value is estimated to be JP¥1,633, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 29%. Buying Opportunity • Oct 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.0%. The fair value is estimated to be JP¥1,598, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 29%. Buying Opportunity • Aug 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.6%. The fair value is estimated to be JP¥1,583, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 29%. Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥59.63 (vs JP¥35.00 in 1Q 2023) First quarter 2024 results: EPS: JP¥59.63 (up from JP¥35.00 in 1Q 2023). Revenue: JP¥67.0b (down 4.8% from 1Q 2023). Net income: JP¥3.55b (up 69% from 1Q 2023). Profit margin: 5.3% (up from 3.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 21
Full year 2023 earnings released: EPS: JP¥130 (vs JP¥31.28 in FY 2022) Full year 2023 results: EPS: JP¥130 (up from JP¥31.28 in FY 2022). Revenue: JP¥323.7b (up 30% from FY 2022). Net income: JP¥7.79b (up 308% from FY 2022). Profit margin: 2.4% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. お知らせ • May 13
Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 16, 2023 Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 16, 2023. Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥130 (vs JP¥31.28 in FY 2022) Full year 2023 results: EPS: JP¥130 (up from JP¥31.28 in FY 2022). Revenue: JP¥323.7b (up 30% from FY 2022). Net income: JP¥7.79b (up 308% from FY 2022). Profit margin: 2.4% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥32.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.4%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥27.16 (vs JP¥8.80 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥27.16 (up from JP¥8.80 loss in 3Q 2022). Revenue: JP¥86.8b (up 30% from 3Q 2022). Net income: JP¥1.63b (up JP¥2.17b from 3Q 2022). Profit margin: 1.9% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,343, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 8x in the Oil and Gas industry in Japan. Total returns to shareholders of 20% over the past three years. お知らせ • Feb 08
Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces an Equity Buyback for 550,000 shares, representing 0.91% for ¥635.25 million. Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 0.91% of its issued share capital, for ¥635.25 million. The shares will be repurchased at a price of ¥1,155 per share. The purpose of share repurchase to enable flexible execution of capital policies in response to changes in the business environment. As of January 31, 2023, the company had 60,633,401 shares are in issue and 1,165 shares are in treasury. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥12.06 (vs JP¥5.34 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.06 (up from JP¥5.34 in 2Q 2022). Revenue: JP¥77.4b (up 46% from 2Q 2022). Net income: JP¥723.0m (up 121% from 2Q 2022). Profit margin: 0.9% (up from 0.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% 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. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 5 independent directors (7 non-independent directors). Independent External Director Yoshiyuki Kawano was the last independent director to join the board, commencing their role in 2020. 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 10
Second quarter 2023 earnings released: EPS: JP¥12.06 (vs JP¥5.34 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.06 (up from JP¥5.34 in 2Q 2022). Revenue: JP¥77.4b (up 46% from 2Q 2022). Net income: JP¥723.0m (up 121% from 2Q 2022). Profit margin: 0.9% (up from 0.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% 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. お知らせ • Sep 15
Mitsuuroko Group Holdings Co.,Ltd. to Report Q3, 2023 Results on Feb 07, 2023 Mitsuuroko Group Holdings Co.,Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥35.00 (vs JP¥20.97 in 1Q 2022) First quarter 2023 results: EPS: JP¥35.00 (up from JP¥20.97 in 1Q 2022). Revenue: JP¥70.4b (up 46% from 1Q 2022). Net income: JP¥2.10b (up 64% from 1Q 2022). Profit margin: 3.0% (up from 2.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Jun 22
Full year 2022 earnings released: EPS: JP¥31.28 (vs JP¥54.54 in FY 2021) Full year 2022 results: EPS: JP¥31.28 (down from JP¥54.54 in FY 2021). Revenue: JP¥250.0b (up 10% from FY 2021). Net income: JP¥1.91b (down 43% from FY 2021). Profit margin: 0.8% (down from 1.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. お知らせ • May 12
Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 17, 2022 Mitsuuroko Group Holdings Co.,Ltd., Annual General Meeting, Jun 17, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥31.28 (vs JP¥54.54 in FY 2021) Full year 2022 results: EPS: JP¥31.28 (down from JP¥54.54 in FY 2021). Revenue: JP¥250.0b (up 10% from FY 2021). Net income: JP¥1.91b (down 43% from FY 2021). Profit margin: 0.8% (down from 1.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent External Director Yoshiyuki Kawano was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Apr 08
Mitsuuroko Group Holdings Co.,Ltd. to Report Fiscal Year 2022 Results on May 10, 2022 Mitsuuroko Group Holdings Co.,Ltd. announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. The company is paying out more than 100% of its profits and is paying out 95% of its cash flow. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.7%). お知らせ • Feb 09
Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces an Equity Buyback for 1,046,000 shares, representing 1.7% for ¥1,104.58 million. Mitsuuroko Group Holdings Co.,Ltd. (TSE:8131) announces a share repurchase program. Under the program, the company will repurchase up to 1,046,000 shares, representing 1.7% for total worth of ¥1,104.58 million. The purpose of share repurchase to enable flexible execution of capital policies in response to changes in the business environment. The program is valid till February 9, 2022. As of January 31, 2022, the company had 61,588,166 shares are in issue and 744,222 shares are in treasury. Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥8.80 loss per share (down from JP¥13.17 profit in 3Q 2021). Revenue: JP¥66.8b (up 19% from 3Q 2021). Net loss: JP¥539.0m (down 166% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. お知らせ • Dec 15
Mitsuuroko Group Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022 Mitsuuroko Group Holdings Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expects revenue of ¥220,000 million, operating profit of ¥5,300 million and profit attributable to parent of ¥3,700 million or ¥60.43 basic per share. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥5.34 (vs JP¥14.35 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥52.9b (up 8.3% from 2Q 2021). Net income: JP¥327.0m (down 63% from 2Q 2021). Profit margin: 0.6% (down from 1.8% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥20.97 (vs JP¥31.19 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥48.1b (up 5.2% from 1Q 2021). Net income: JP¥1.28b (down 34% from 1Q 2021). Profit margin: 2.7% (down from 4.2% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 10
Full year 2021 earnings released: EPS JP¥54.54 (vs JP¥57.23 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥226.5b (down 5.7% from FY 2020). Net income: JP¥3.37b (down 5.0% from FY 2020). Profit margin: 1.5% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 22 June 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (3.5%). お知らせ • Mar 04
Mitsuuroko Group Holdings Co.,Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 Mitsuuroko Group Holdings Co.,Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Is New 90 Day High Low • Mar 01
New 90-day low: JP¥1,219 The company is down 9.0% from its price of JP¥1,337 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 26% over the same period.