View ValuationRengo 将来の成長Future 基準チェック /26Rengo利益と収益がそれぞれ年間13.1%と2.5%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6.3% 13.4%なると予測されています。主要情報13.1%収益成長率13.39%EPS成長率Packaging 収益成長24.2%収益成長率2.5%将来の株主資本利益率6.30%アナリストカバレッジLow最終更新日18 May 2026今後の成長に関する最新情報Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥119 to JP¥145. Revenue forecast steady at JP¥1.06t. Net income forecast to grow 2.8% next year vs 24% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,540. Share price rose 12% to JP¥1,385 over the past week.Price Target Changed • Feb 10Price target increased by 15% to JP¥1,467Up from JP¥1,277, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,480. Stock is up 81% over the past year. The company is forecast to post earnings per share of JP¥97.14 for next year compared to JP¥117 last year.Price Target Changed • Dec 19Price target increased by 7.7% to JP¥1,277Up from JP¥1,185, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of JP¥1,176. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥97.68 for next year compared to JP¥117 last year.Price Target Changed • Dec 02Price target increased by 7.5% to JP¥1,152Up from JP¥1,072, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,110. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥96.13 for next year compared to JP¥117 last year.Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥99.85 to JP¥112. Revenue forecast steady at JP¥1.01t. Net income forecast to shrink 8.4% next year vs 36% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,005. Share price was steady at JP¥734 over the past week.Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥118 to JP¥105 per share. Revenue forecast steady at JP¥1.02t. Net income forecast to shrink 2.6% next year vs 11% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,040. Share price was steady at JP¥730 over the past week.すべての更新を表示Recent updates分析記事 • 14hRengo's (TSE:3941) Problems Go Beyond Weak ProfitRengo Co., Ltd.'s ( TSE:3941 ) stock showed strength, with investors undeterred by its weak earnings report. While...Buy Or Sell Opportunity • May 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.1% to JP¥1,380. The fair value is estimated to be JP¥1,733, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 2.9%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Reported Earnings • May 17Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥84.70 (down from JP¥117 in FY 2025). Revenue: JP¥1.01t (up 1.5% from FY 2025). Net income: JP¥21.0b (down 28% from FY 2025). Profit margin: 2.1% (down from 2.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.ライブニュース • May 16Rengo Raises Dividend and Announces Share Buyback as Profitability Targets Set for Next YearRengo reported higher sales but sharply lower earnings, citing margin pressure. The company nonetheless raised its annual dividend and outlined targets for improved earnings efficiency in the coming fiscal year. The company also indicated plans for a further dividend hike alongside forecasts that point to a rebound in profits. Rengo additionally announced a decision to buy back treasury shares, which could reduce the number of shares outstanding. Taken together, the dividend increases and share buyback signal that management is willing to return more capital to shareholders even after a period of weaker profitability. The key question for investors is whether the planned improvement in earnings efficiency will materialise as outlined, given the recent margin pressure and the higher shareholder payouts now being put in place.お知らせ • May 14Rengo Co., Ltd., Annual General Meeting, Jun 26, 2026Rengo Co., Ltd., Annual General Meeting, Jun 26, 2026.Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥119 to JP¥145. Revenue forecast steady at JP¥1.06t. Net income forecast to grow 2.8% next year vs 24% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,540. Share price rose 12% to JP¥1,385 over the past week.お知らせ • May 14Rengo Co., Ltd. (TSE:3941) announces an Equity Buyback for 25,000,000 shares, representing 10.08% for ¥25,000 million.Rengo Co., Ltd. (TSE:3941) announces a share repurchase program. Under the program, the company will repurchase up to 25,000,000 shares, representing 10.08% of its issued share capital (excluding treasury stock), for a total purchase price of ¥25,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of March 31, 2026, the company has 248,043,353 issued shares (excluding treasury stock) and 23,012,676 treasury shares.お知らせ • May 09Rengo Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Rengo Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 7.7% to JP¥1,267. The fair value is estimated to be JP¥1,586, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 4.7%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 4.5% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,321, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Packaging industry in Asia. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,575 per share.Price Target Changed • Feb 10Price target increased by 15% to JP¥1,467Up from JP¥1,277, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,480. Stock is up 81% over the past year. The company is forecast to post earnings per share of JP¥97.14 for next year compared to JP¥117 last year.Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥76.98 (vs JP¥30.14 in 3Q 2025)Third quarter 2026 results: EPS: JP¥76.98 (up from JP¥30.14 in 3Q 2025). Revenue: JP¥261.5b (up 6.2% from 3Q 2025). Net income: JP¥19.1b (up 156% from 3Q 2025). Profit margin: 7.3% (up from 3.0% in 3Q 2025). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jan 19Are Investors Undervaluing Rengo Co., Ltd. (TSE:3941) By 34%?Key Insights The projected fair value for Rengo is JP¥1,938 based on 2 Stage Free Cash Flow to Equity Rengo's JP¥1,282...分析記事 • Dec 25Is Rengo (TSE:3941) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Dec 19Price target increased by 7.7% to JP¥1,277Up from JP¥1,185, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of JP¥1,176. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥97.68 for next year compared to JP¥117 last year.分析記事 • Dec 04Rengo's (TSE:3941) Dividend Will Be ¥20.00Rengo Co., Ltd. ( TSE:3941 ) will pay a dividend of ¥20.00 on the 30th of June. This takes the dividend yield to 3.6...Declared Dividend • Dec 04First half dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 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. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Dec 02Price target increased by 7.5% to JP¥1,152Up from JP¥1,072, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,110. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥96.13 for next year compared to JP¥117 last year.お知らせ • Nov 29Rengo Co., Ltd. to Report Q3, 2026 Results on Feb 03, 2026Rengo Co., Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥20.29 (vs JP¥19.71 in 2Q 2025)Second quarter 2026 results: EPS: JP¥20.29 (up from JP¥19.71 in 2Q 2025). Revenue: JP¥247.8b (down 1.1% from 2Q 2025). Net income: JP¥5.03b (up 3.0% from 2Q 2025). Profit margin: 2.0% (up from 1.9% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).分析記事 • Sep 22Rengo (TSE:3941) Is Paying Out A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) will pay a dividend of ¥15.00 on the 3rd of December. This means that the annual payment...お知らせ • Sep 22Rengo Co., Ltd.(TSE:3941) dropped from FTSE All-World Index (USD)Rengo Co., Ltd.(TSE:3941) dropped from FTSE All-World Index (USD)分析記事 • Sep 01Rengo (TSE:3941) Will Pay A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend of ¥15.00 per share on the 3rd of December...お知らせ • Sep 01Rengo Co., Ltd. to Report Q2, 2026 Results on Nov 06, 2025Rengo Co., Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025分析記事 • Aug 11Rengo (TSE:3941) Is Due To Pay A Dividend Of ¥15.00Rengo Co., Ltd.'s ( TSE:3941 ) investors are due to receive a payment of ¥15.00 per share on 3rd of December. This...Reported Earnings • Aug 06First quarter 2026 earnings released: EPS: JP¥24.22 (vs JP¥56.49 in 1Q 2025)First quarter 2026 results: EPS: JP¥24.22 (down from JP¥56.49 in 1Q 2025). Revenue: JP¥249.4b (up 2.0% from 1Q 2025). Net income: JP¥6.00b (down 57% from 1Q 2025). Profit margin: 2.4% (down from 5.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Packaging industry in Asia. 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 4% per year, which means it is significantly lagging earnings growth.分析記事 • Jul 23Rengo (TSE:3941) Has Affirmed Its Dividend Of ¥15.00The board of Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend on the 3rd of December, with...分析記事 • Jul 09Rengo (TSE:3941) Is Paying Out A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend of ¥15.00 per share on the 3rd of December...Declared Dividend • Jul 09Final dividend of JP¥15.00 announcedDividend of JP¥15.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.6% 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. EPS is expected to grow by 7.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jul 03We Think That There Are More Issues For Rengo (TSE:3941) Than Just Sluggish EarningsRengo Co., Ltd.'s ( TSE:3941 ) recent weak earnings report didn't cause a big stock movement. We think that investors...分析記事 • Jun 20Some Investors May Be Worried About Rengo's (TSE:3941) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥99.85 to JP¥112. Revenue forecast steady at JP¥1.01t. Net income forecast to shrink 8.4% next year vs 36% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,005. Share price was steady at JP¥734 over the past week.お知らせ • May 31Rengo Co., Ltd. to Report Q1, 2026 Results on Aug 05, 2025Rengo Co., Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥118 to JP¥105 per share. Revenue forecast steady at JP¥1.02t. Net income forecast to shrink 2.6% next year vs 11% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,040. Share price was steady at JP¥730 over the past week.New Risk • May 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% 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 (18% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • May 10Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥117 (down from JP¥133 in FY 2024). Revenue: JP¥993.3b (up 10% from FY 2024). Net income: JP¥29.0b (down 12% from FY 2024). Profit margin: 2.9% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging 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 remained flat, which means it is significantly lagging earnings.分析記事 • May 09Rengo Co., Ltd.'s (TSE:3941) Intrinsic Value Is Potentially 47% Above Its Share PriceKey Insights Rengo's estimated fair value is JP¥1,106 based on 2 Stage Free Cash Flow to Equity Rengo's JP¥752 share...お知らせ • May 09Rengo Co., Ltd., Annual General Meeting, Jun 27, 2025Rengo Co., Ltd., Annual General Meeting, Jun 27, 2025.お知らせ • May 01Rengo Co., Ltd. (TSE:3941) completed the acquisition of Shinko, Inc.Rengo Co., Ltd. (TSE:3941) acquired Shinko, Inc. on April 30, 2025. For the period ending February 28, 2025, Shinko, Inc. reported total revenue of ¥1.7 billion. Rengo Co., Ltd. (TSE:3941) completed the acquisition of Shinko, Inc. on April 30, 2025.分析記事 • Apr 14Why Investors Shouldn't Be Surprised By Rengo Co., Ltd.'s (TSE:3941) Low P/EWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 13x, you may consider Rengo...Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%).お知らせ • Mar 01Rengo Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Rengo Co., Ltd. announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on May 09, 2025分析記事 • Feb 07Rengo Co., Ltd. Just Missed Revenue By 13%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Rengo Co., Ltd. ( TSE:3941 ) filed its third-quarter result this time last week...Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥30.14 (vs JP¥58.83 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.14 (down from JP¥58.83 in 3Q 2024). Revenue: JP¥246.4b (up 3.1% from 3Q 2024). Net income: JP¥7.47b (down 49% from 3Q 2024). Profit margin: 3.0% (down from 6.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.分析記事 • Feb 03Is Rengo Co., Ltd. (TSE:3941) Worth JP¥810 Based On Its Intrinsic Value?Key Insights Rengo's estimated fair value is JP¥666 based on 2 Stage Free Cash Flow to Equity Current share price of...Buy Or Sell Opportunity • Dec 24Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to JP¥859. The fair value is estimated to be JP¥709, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.お知らせ • Dec 03Rengo Co., Ltd. to Report Q3, 2025 Results on Feb 04, 2025Rengo Co., Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025分析記事 • Nov 26Investors Shouldn't Be Too Comfortable With Rengo's (TSE:3941) EarningsInvestors were disappointed with Rengo Co., Ltd.'s ( TSE:3941 ) earnings, despite the strong profit numbers. We think...Buy Or Sell Opportunity • Nov 06Now 23% overvaluedOver the last 90 days, the stock has fallen 3.3% to JP¥888. The fair value is estimated to be JP¥722, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period.Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥19.71 (vs JP¥35.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥19.71 (down from JP¥35.49 in 2Q 2024). Revenue: JP¥250.6b (up 9.4% from 2Q 2024). Net income: JP¥4.89b (down 44% from 2Q 2024). Profit margin: 1.9% (down from 3.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.分析記事 • Oct 21Rengo's (TSE:3941) Returns Have Hit A WallIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Upcoming Dividend • Sep 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.1%).分析記事 • Aug 29Little Excitement Around Rengo Co., Ltd.'s (TSE:3941) EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Rengo...お知らせ • Aug 27Rengo Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024Rengo Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥56.49 (vs JP¥38.83 in 1Q 2024)First quarter 2025 results: EPS: JP¥56.49 (up from JP¥38.83 in 1Q 2024). Revenue: JP¥244.5b (up 9.3% from 1Q 2024). Net income: JP¥14.0b (up 46% from 1Q 2024). Profit margin: 5.7% (up from 4.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.分析記事 • Jun 28Returns On Capital At Rengo (TSE:3941) Have Hit The BrakesDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...お知らせ • Jun 02Rengo Co., Ltd. to Report Q1, 2025 Results on Aug 01, 2024Rengo Co., Ltd. announced that they will report Q1, 2025 results on Aug 01, 2024Reported Earnings • May 12Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥133 (up from JP¥82.47 in FY 2023). Revenue: JP¥900.8b (up 6.5% from FY 2023). Net income: JP¥33.0b (up 62% from FY 2023). Profit margin: 3.7% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.4%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • May 12Rengo Co., Ltd., Annual General Meeting, Jun 27, 2024Rengo Co., Ltd., Annual General Meeting, Jun 27, 2024.分析記事 • Apr 22Does Rengo (TSE:3941) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Price Target Changed • Apr 12Price target increased by 8.3% to JP¥1,362Up from JP¥1,258, the current price target is an average from 5 analysts. New target price is 16% above last closing price of JP¥1,172. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥144 for next year compared to JP¥82.47 last year.お知らせ • Apr 04Rengo Co., Ltd. (TSE:3941) acquired 60% stake in Biomaterial in Tokyo Co. Ltd.Rengo Co., Ltd. (TSE:3941) acquired 60% stake in Biomaterial in Tokyo Co. Ltd. on April 3, 2024.Rengo Co., Ltd. (TSE:3941) completed the acquisition of 60% stake in Biomaterial in Tokyo Co. Ltd. on April 3, 2024.分析記事 • Mar 28Earnings Working Against Rengo Co., Ltd.'s (TSE:3941) Share PriceWith a price-to-earnings (or "P/E") ratio of 7.9x Rengo Co., Ltd. ( TSE:3941 ) may be sending bullish signals at the...Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.7%).Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,154, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Packaging industry in Asia. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,097 per share.お知らせ • Mar 02Rengo Co., Ltd. to Report Q4, 2024 Results on May 10, 2024Rengo Co., Ltd. announced that they will report Q4, 2024 results on May 10, 2024分析記事 • Feb 26Slowing Rates Of Return At Rengo (TSE:3941) Leave Little Room For ExcitementThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥58.83 (vs JP¥21.89 in 3Q 2023)Third quarter 2024 results: EPS: JP¥58.83 (up from JP¥21.89 in 3Q 2023). Revenue: JP¥238.9b (up 3.1% from 3Q 2023). Net income: JP¥14.6b (up 169% from 3Q 2023). Profit margin: 6.1% (up from 2.3% in 3Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jan 22Now 20% overvaluedOver the last 90 days, the stock has fallen 3.9% to JP¥945. The fair value is estimated to be JP¥787, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 9.9%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.お知らせ • Nov 26Rengo Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024Rengo Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024お知らせ • Nov 17Rengo Co., Ltd. (TSE:3941) acquired 30% stake in Velvin Containers Private Limited.Rengo Co., Ltd. (TSE:3941) acquired 30% stake in Velvin Containers Private Limited on November 16, 2023. Velvin Containers Private Limited will change its name to Velvin Rengo Containers Private Limited.Rengo Co., Ltd. (TSE:3941) completed the acquisition of 30% stake in Velvin Containers Private Limited on November 16, 2023.Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥35.49 (vs JP¥22.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥35.49 (up from JP¥22.36 in 2Q 2023). Revenue: JP¥229.1b (up 7.4% from 2Q 2023). Net income: JP¥8.79b (up 59% from 2Q 2023). Profit margin: 3.8% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buying Opportunity • Nov 02Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,225, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.Buying Opportunity • Oct 04Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥1,228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.Upcoming Dividend • Sep 21Upcoming dividend of JP¥12.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.7%).お知らせ • Aug 30Rengo Co., Ltd. to Report Q2, 2024 Results on Nov 02, 2023Rengo Co., Ltd. announced that they will report Q2, 2024 results on Nov 02, 2023Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥38.83 (vs JP¥26.26 in 1Q 2023)First quarter 2024 results: EPS: JP¥38.83 (up from JP¥26.26 in 1Q 2023). Revenue: JP¥223.8b (up 12% from 1Q 2023). Net income: JP¥9.62b (up 48% from 1Q 2023). Profit margin: 4.3% (up from 3.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • May 31Rengo Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023Rengo Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023Reported Earnings • May 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥82.47 (down from JP¥114 in FY 2022). Revenue: JP¥846.1b (up 13% from FY 2022). Net income: JP¥20.4b (down 28% from FY 2022). Profit margin: 2.4% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • May 14Rengo Co., Ltd., Annual General Meeting, Jun 29, 2023Rengo Co., Ltd., Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.2%).Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥21.89 (vs JP¥27.41 in 3Q 2022)Third quarter 2023 results: EPS: JP¥21.89 (down from JP¥27.41 in 3Q 2022). Revenue: JP¥231.8b (up 19% from 3Q 2022). Net income: JP¥5.42b (down 20% from 3Q 2022). Profit margin: 2.3% (down from 3.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Major Estimate Revision • Dec 10Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥830.5b to JP¥846.5b. EPS estimate fell from JP¥116 to JP¥101 per share. Net income forecast to grow 44% next year vs 29% growth forecast for Packaging industry in Japan. Consensus price target of JP¥1,048 unchanged from last update. Share price was steady at JP¥871 over the past week.Major Estimate Revision • Dec 02Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥92.90 to JP¥116. Revenue forecast steady at JP¥830.5b. Net income forecast to grow 49% next year vs 29% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,048. Share price fell 2.6% to JP¥865 over the past week.お知らせ • Nov 27Rengo Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023Rengo Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023Reported Earnings • Nov 18Second quarter 2023 earnings released: EPS: JP¥22.36 (vs JP¥27.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.36 (down from JP¥27.26 in 2Q 2022). Revenue: JP¥213.4b (up 17% from 2Q 2022). Net income: JP¥5.54b (down 18% from 2Q 2022). Profit margin: 2.6% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kaoru Tamaoka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥22.36 (vs JP¥27.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.36 (down from JP¥27.26 in 2Q 2022). Revenue: JP¥213.4b (up 17% from 2Q 2022). Net income: JP¥5.54b (down 18% from 2Q 2022). Profit margin: 2.6% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.Price Target Changed • Oct 26Price target increased to JP¥1,038Up from JP¥968, the current price target is an average from 5 analysts. New target price is 24% above last closing price of JP¥835. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of JP¥112 for next year compared to JP¥114 last year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.1%).お知らせ • Sep 02Rengo Co., Ltd. to Report Q2, 2023 Results on Nov 02, 2022Rengo Co., Ltd. announced that they will report Q2, 2023 results on Nov 02, 2022Reported Earnings • Aug 03First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: JP¥26.26 (down from JP¥49.79 in 1Q 2022). Revenue: JP¥200.1b (up 11% from 1Q 2022). Net income: JP¥6.50b (down 47% from 1Q 2022). Profit margin: 3.2% (down from 6.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 8.6%, compared to a 8.7% growth forecast for the 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 remained flat, which means it is significantly lagging earnings.お知らせ • May 29Rengo Co., Ltd. to Report Q1, 2023 Results on Aug 02, 2022Rengo Co., Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022Reported Earnings • May 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥114 (down from JP¥116 in FY 2021). Revenue: JP¥746.9b (up 9.7% from FY 2021). Net income: JP¥28.2b (down 1.4% from FY 2021). Profit margin: 3.8% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 6.1%, compared to a 7.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.業績と収益の成長予測TSE:3941 - 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3/31/20291,094,60034,30017,18397,99223/31/20281,080,64033,20015,27192,17753/31/20271,057,22033,35070680,76553/31/20261,008,33721,005-12,68878,164N/A12/31/20251,010,51932,755N/AN/AN/A9/30/2025995,33721,129-35,50462,847N/A6/30/2025998,13520,983N/AN/AN/A3/31/2025993,25128,979-21,30077,008N/A12/31/2024950,53526,396N/AN/AN/A9/30/2024943,05133,49919,31990,554N/A6/30/2024921,50437,404N/AN/AN/A3/31/2024900,79133,02524,59389,628N/A12/31/2023892,52835,943N/AN/AN/A9/30/2023885,44826,793-1,13053,856N/A6/30/2023869,74323,541N/AN/AN/A3/31/2023846,08020,4251,87146,066N/A12/31/2022833,36619,786N/AN/AN/A9/30/2022796,85721,15110,69047,910N/A6/30/2022766,28722,363N/AN/AN/A3/31/2022746,92628,1889,93857,893N/A12/31/2021730,28331,344N/AN/AN/A9/30/2021714,86234,69421,57375,179N/A6/30/2021696,71433,981N/AN/AN/A3/31/2021680,71428,59924,99266,000N/A12/31/2020679,46025,915N/AN/AN/A9/30/2020675,23025,89622,70359,925N/A6/30/2020680,00926,745N/AN/AN/A3/31/2020683,78027,79023,23661,079N/A12/31/2019671,13527,298N/AN/AN/A9/30/2019670,57120,961N/A48,336N/A6/30/2019662,06318,583N/AN/AN/A3/31/2019653,10717,163N/A50,857N/A12/31/2018646,05722,143N/AN/AN/A9/30/2018630,83423,700N/A43,499N/A6/30/2018619,15719,761N/AN/AN/A3/31/2018605,71216,622N/A31,249N/A12/31/2017589,9728,492N/AN/AN/A9/30/2017570,3319,148N/A35,727N/A6/30/2017556,54412,804N/AN/AN/A3/31/2017545,48913,876N/A42,003N/A12/31/2016537,94517,648N/AN/AN/A9/30/2016537,23915,041N/A59,816N/A6/30/2016536,22812,863N/AN/AN/A3/31/2016532,5349,816N/A50,559N/A12/31/2015530,2228,464N/AN/AN/A9/30/2015527,4937,221N/A24,792N/A6/30/2015523,5646,573N/AN/AN/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: 3941の予測収益成長率 (年間13.1% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 3941の収益 ( 13.1% ) はJP市場 ( 8.8% ) 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: 3941の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 3941の収益 ( 2.5% ) JP市場 ( 5.3% ) よりも低い成長が予測されています。高い収益成長: 3941の収益 ( 2.5% ) 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: 3941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 ( 6.3 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 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2026/05/22 11:37終値2026/05/22 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Rengo Co., Ltd. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Kyoji ChibaBofA Global ResearchMasahiro ShibanoCitigroup IncJeremie CapronCLSA12 その他のアナリストを表示
Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥119 to JP¥145. Revenue forecast steady at JP¥1.06t. Net income forecast to grow 2.8% next year vs 24% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,540. Share price rose 12% to JP¥1,385 over the past week.
Price Target Changed • Feb 10Price target increased by 15% to JP¥1,467Up from JP¥1,277, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,480. Stock is up 81% over the past year. The company is forecast to post earnings per share of JP¥97.14 for next year compared to JP¥117 last year.
Price Target Changed • Dec 19Price target increased by 7.7% to JP¥1,277Up from JP¥1,185, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of JP¥1,176. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥97.68 for next year compared to JP¥117 last year.
Price Target Changed • Dec 02Price target increased by 7.5% to JP¥1,152Up from JP¥1,072, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,110. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥96.13 for next year compared to JP¥117 last year.
Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥99.85 to JP¥112. Revenue forecast steady at JP¥1.01t. Net income forecast to shrink 8.4% next year vs 36% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,005. Share price was steady at JP¥734 over the past week.
Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥118 to JP¥105 per share. Revenue forecast steady at JP¥1.02t. Net income forecast to shrink 2.6% next year vs 11% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,040. Share price was steady at JP¥730 over the past week.
分析記事 • 14hRengo's (TSE:3941) Problems Go Beyond Weak ProfitRengo Co., Ltd.'s ( TSE:3941 ) stock showed strength, with investors undeterred by its weak earnings report. While...
Buy Or Sell Opportunity • May 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.1% to JP¥1,380. The fair value is estimated to be JP¥1,733, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 2.9%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Reported Earnings • May 17Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥84.70 (down from JP¥117 in FY 2025). Revenue: JP¥1.01t (up 1.5% from FY 2025). Net income: JP¥21.0b (down 28% from FY 2025). Profit margin: 2.1% (down from 2.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
ライブニュース • May 16Rengo Raises Dividend and Announces Share Buyback as Profitability Targets Set for Next YearRengo reported higher sales but sharply lower earnings, citing margin pressure. The company nonetheless raised its annual dividend and outlined targets for improved earnings efficiency in the coming fiscal year. The company also indicated plans for a further dividend hike alongside forecasts that point to a rebound in profits. Rengo additionally announced a decision to buy back treasury shares, which could reduce the number of shares outstanding. Taken together, the dividend increases and share buyback signal that management is willing to return more capital to shareholders even after a period of weaker profitability. The key question for investors is whether the planned improvement in earnings efficiency will materialise as outlined, given the recent margin pressure and the higher shareholder payouts now being put in place.
お知らせ • May 14Rengo Co., Ltd., Annual General Meeting, Jun 26, 2026Rengo Co., Ltd., Annual General Meeting, Jun 26, 2026.
Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥119 to JP¥145. Revenue forecast steady at JP¥1.06t. Net income forecast to grow 2.8% next year vs 24% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,540. Share price rose 12% to JP¥1,385 over the past week.
お知らせ • May 14Rengo Co., Ltd. (TSE:3941) announces an Equity Buyback for 25,000,000 shares, representing 10.08% for ¥25,000 million.Rengo Co., Ltd. (TSE:3941) announces a share repurchase program. Under the program, the company will repurchase up to 25,000,000 shares, representing 10.08% of its issued share capital (excluding treasury stock), for a total purchase price of ¥25,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of March 31, 2026, the company has 248,043,353 issued shares (excluding treasury stock) and 23,012,676 treasury shares.
お知らせ • May 09Rengo Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Rengo Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).
Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 7.7% to JP¥1,267. The fair value is estimated to be JP¥1,586, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 4.7%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 4.5% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,321, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Packaging industry in Asia. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,575 per share.
Price Target Changed • Feb 10Price target increased by 15% to JP¥1,467Up from JP¥1,277, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,480. Stock is up 81% over the past year. The company is forecast to post earnings per share of JP¥97.14 for next year compared to JP¥117 last year.
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥76.98 (vs JP¥30.14 in 3Q 2025)Third quarter 2026 results: EPS: JP¥76.98 (up from JP¥30.14 in 3Q 2025). Revenue: JP¥261.5b (up 6.2% from 3Q 2025). Net income: JP¥19.1b (up 156% from 3Q 2025). Profit margin: 7.3% (up from 3.0% in 3Q 2025). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jan 19Are Investors Undervaluing Rengo Co., Ltd. (TSE:3941) By 34%?Key Insights The projected fair value for Rengo is JP¥1,938 based on 2 Stage Free Cash Flow to Equity Rengo's JP¥1,282...
分析記事 • Dec 25Is Rengo (TSE:3941) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Dec 19Price target increased by 7.7% to JP¥1,277Up from JP¥1,185, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of JP¥1,176. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥97.68 for next year compared to JP¥117 last year.
分析記事 • Dec 04Rengo's (TSE:3941) Dividend Will Be ¥20.00Rengo Co., Ltd. ( TSE:3941 ) will pay a dividend of ¥20.00 on the 30th of June. This takes the dividend yield to 3.6...
Declared Dividend • Dec 04First half dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 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. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Dec 02Price target increased by 7.5% to JP¥1,152Up from JP¥1,072, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,110. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥96.13 for next year compared to JP¥117 last year.
お知らせ • Nov 29Rengo Co., Ltd. to Report Q3, 2026 Results on Feb 03, 2026Rengo Co., Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥20.29 (vs JP¥19.71 in 2Q 2025)Second quarter 2026 results: EPS: JP¥20.29 (up from JP¥19.71 in 2Q 2025). Revenue: JP¥247.8b (down 1.1% from 2Q 2025). Net income: JP¥5.03b (up 3.0% from 2Q 2025). Profit margin: 2.0% (up from 1.9% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).
分析記事 • Sep 22Rengo (TSE:3941) Is Paying Out A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) will pay a dividend of ¥15.00 on the 3rd of December. This means that the annual payment...
お知らせ • Sep 22Rengo Co., Ltd.(TSE:3941) dropped from FTSE All-World Index (USD)Rengo Co., Ltd.(TSE:3941) dropped from FTSE All-World Index (USD)
分析記事 • Sep 01Rengo (TSE:3941) Will Pay A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend of ¥15.00 per share on the 3rd of December...
お知らせ • Sep 01Rengo Co., Ltd. to Report Q2, 2026 Results on Nov 06, 2025Rengo Co., Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025
分析記事 • Aug 11Rengo (TSE:3941) Is Due To Pay A Dividend Of ¥15.00Rengo Co., Ltd.'s ( TSE:3941 ) investors are due to receive a payment of ¥15.00 per share on 3rd of December. This...
Reported Earnings • Aug 06First quarter 2026 earnings released: EPS: JP¥24.22 (vs JP¥56.49 in 1Q 2025)First quarter 2026 results: EPS: JP¥24.22 (down from JP¥56.49 in 1Q 2025). Revenue: JP¥249.4b (up 2.0% from 1Q 2025). Net income: JP¥6.00b (down 57% from 1Q 2025). Profit margin: 2.4% (down from 5.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Packaging industry in Asia. 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 4% per year, which means it is significantly lagging earnings growth.
分析記事 • Jul 23Rengo (TSE:3941) Has Affirmed Its Dividend Of ¥15.00The board of Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend on the 3rd of December, with...
分析記事 • Jul 09Rengo (TSE:3941) Is Paying Out A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend of ¥15.00 per share on the 3rd of December...
Declared Dividend • Jul 09Final dividend of JP¥15.00 announcedDividend of JP¥15.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.6% 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. EPS is expected to grow by 7.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jul 03We Think That There Are More Issues For Rengo (TSE:3941) Than Just Sluggish EarningsRengo Co., Ltd.'s ( TSE:3941 ) recent weak earnings report didn't cause a big stock movement. We think that investors...
分析記事 • Jun 20Some Investors May Be Worried About Rengo's (TSE:3941) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥99.85 to JP¥112. Revenue forecast steady at JP¥1.01t. Net income forecast to shrink 8.4% next year vs 36% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,005. Share price was steady at JP¥734 over the past week.
お知らせ • May 31Rengo Co., Ltd. to Report Q1, 2026 Results on Aug 05, 2025Rengo Co., Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025
Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥118 to JP¥105 per share. Revenue forecast steady at JP¥1.02t. Net income forecast to shrink 2.6% next year vs 11% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,040. Share price was steady at JP¥730 over the past week.
New Risk • May 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% 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 (18% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • May 10Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥117 (down from JP¥133 in FY 2024). Revenue: JP¥993.3b (up 10% from FY 2024). Net income: JP¥29.0b (down 12% from FY 2024). Profit margin: 2.9% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging 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 remained flat, which means it is significantly lagging earnings.
分析記事 • May 09Rengo Co., Ltd.'s (TSE:3941) Intrinsic Value Is Potentially 47% Above Its Share PriceKey Insights Rengo's estimated fair value is JP¥1,106 based on 2 Stage Free Cash Flow to Equity Rengo's JP¥752 share...
お知らせ • May 09Rengo Co., Ltd., Annual General Meeting, Jun 27, 2025Rengo Co., Ltd., Annual General Meeting, Jun 27, 2025.
お知らせ • May 01Rengo Co., Ltd. (TSE:3941) completed the acquisition of Shinko, Inc.Rengo Co., Ltd. (TSE:3941) acquired Shinko, Inc. on April 30, 2025. For the period ending February 28, 2025, Shinko, Inc. reported total revenue of ¥1.7 billion. Rengo Co., Ltd. (TSE:3941) completed the acquisition of Shinko, Inc. on April 30, 2025.
分析記事 • Apr 14Why Investors Shouldn't Be Surprised By Rengo Co., Ltd.'s (TSE:3941) Low P/EWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 13x, you may consider Rengo...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%).
お知らせ • Mar 01Rengo Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Rengo Co., Ltd. announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on May 09, 2025
分析記事 • Feb 07Rengo Co., Ltd. Just Missed Revenue By 13%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Rengo Co., Ltd. ( TSE:3941 ) filed its third-quarter result this time last week...
Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥30.14 (vs JP¥58.83 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.14 (down from JP¥58.83 in 3Q 2024). Revenue: JP¥246.4b (up 3.1% from 3Q 2024). Net income: JP¥7.47b (down 49% from 3Q 2024). Profit margin: 3.0% (down from 6.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
分析記事 • Feb 03Is Rengo Co., Ltd. (TSE:3941) Worth JP¥810 Based On Its Intrinsic Value?Key Insights Rengo's estimated fair value is JP¥666 based on 2 Stage Free Cash Flow to Equity Current share price of...
Buy Or Sell Opportunity • Dec 24Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to JP¥859. The fair value is estimated to be JP¥709, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.
お知らせ • Dec 03Rengo Co., Ltd. to Report Q3, 2025 Results on Feb 04, 2025Rengo Co., Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025
分析記事 • Nov 26Investors Shouldn't Be Too Comfortable With Rengo's (TSE:3941) EarningsInvestors were disappointed with Rengo Co., Ltd.'s ( TSE:3941 ) earnings, despite the strong profit numbers. We think...
Buy Or Sell Opportunity • Nov 06Now 23% overvaluedOver the last 90 days, the stock has fallen 3.3% to JP¥888. The fair value is estimated to be JP¥722, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period.
Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥19.71 (vs JP¥35.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥19.71 (down from JP¥35.49 in 2Q 2024). Revenue: JP¥250.6b (up 9.4% from 2Q 2024). Net income: JP¥4.89b (down 44% from 2Q 2024). Profit margin: 1.9% (down from 3.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
分析記事 • Oct 21Rengo's (TSE:3941) Returns Have Hit A WallIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.1%).
分析記事 • Aug 29Little Excitement Around Rengo Co., Ltd.'s (TSE:3941) EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Rengo...
お知らせ • Aug 27Rengo Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024Rengo Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024
Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥56.49 (vs JP¥38.83 in 1Q 2024)First quarter 2025 results: EPS: JP¥56.49 (up from JP¥38.83 in 1Q 2024). Revenue: JP¥244.5b (up 9.3% from 1Q 2024). Net income: JP¥14.0b (up 46% from 1Q 2024). Profit margin: 5.7% (up from 4.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
分析記事 • Jun 28Returns On Capital At Rengo (TSE:3941) Have Hit The BrakesDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
お知らせ • Jun 02Rengo Co., Ltd. to Report Q1, 2025 Results on Aug 01, 2024Rengo Co., Ltd. announced that they will report Q1, 2025 results on Aug 01, 2024
Reported Earnings • May 12Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥133 (up from JP¥82.47 in FY 2023). Revenue: JP¥900.8b (up 6.5% from FY 2023). Net income: JP¥33.0b (up 62% from FY 2023). Profit margin: 3.7% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.4%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • May 12Rengo Co., Ltd., Annual General Meeting, Jun 27, 2024Rengo Co., Ltd., Annual General Meeting, Jun 27, 2024.
分析記事 • Apr 22Does Rengo (TSE:3941) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Price Target Changed • Apr 12Price target increased by 8.3% to JP¥1,362Up from JP¥1,258, the current price target is an average from 5 analysts. New target price is 16% above last closing price of JP¥1,172. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥144 for next year compared to JP¥82.47 last year.
お知らせ • Apr 04Rengo Co., Ltd. (TSE:3941) acquired 60% stake in Biomaterial in Tokyo Co. Ltd.Rengo Co., Ltd. (TSE:3941) acquired 60% stake in Biomaterial in Tokyo Co. Ltd. on April 3, 2024.Rengo Co., Ltd. (TSE:3941) completed the acquisition of 60% stake in Biomaterial in Tokyo Co. Ltd. on April 3, 2024.
分析記事 • Mar 28Earnings Working Against Rengo Co., Ltd.'s (TSE:3941) Share PriceWith a price-to-earnings (or "P/E") ratio of 7.9x Rengo Co., Ltd. ( TSE:3941 ) may be sending bullish signals at the...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.7%).
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,154, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Packaging industry in Asia. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,097 per share.
お知らせ • Mar 02Rengo Co., Ltd. to Report Q4, 2024 Results on May 10, 2024Rengo Co., Ltd. announced that they will report Q4, 2024 results on May 10, 2024
分析記事 • Feb 26Slowing Rates Of Return At Rengo (TSE:3941) Leave Little Room For ExcitementThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥58.83 (vs JP¥21.89 in 3Q 2023)Third quarter 2024 results: EPS: JP¥58.83 (up from JP¥21.89 in 3Q 2023). Revenue: JP¥238.9b (up 3.1% from 3Q 2023). Net income: JP¥14.6b (up 169% from 3Q 2023). Profit margin: 6.1% (up from 2.3% in 3Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jan 22Now 20% overvaluedOver the last 90 days, the stock has fallen 3.9% to JP¥945. The fair value is estimated to be JP¥787, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 9.9%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.
お知らせ • Nov 26Rengo Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024Rengo Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024
お知らせ • Nov 17Rengo Co., Ltd. (TSE:3941) acquired 30% stake in Velvin Containers Private Limited.Rengo Co., Ltd. (TSE:3941) acquired 30% stake in Velvin Containers Private Limited on November 16, 2023. Velvin Containers Private Limited will change its name to Velvin Rengo Containers Private Limited.Rengo Co., Ltd. (TSE:3941) completed the acquisition of 30% stake in Velvin Containers Private Limited on November 16, 2023.
Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥35.49 (vs JP¥22.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥35.49 (up from JP¥22.36 in 2Q 2023). Revenue: JP¥229.1b (up 7.4% from 2Q 2023). Net income: JP¥8.79b (up 59% from 2Q 2023). Profit margin: 3.8% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buying Opportunity • Nov 02Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,225, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.
Buying Opportunity • Oct 04Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥1,228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥12.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.7%).
お知らせ • Aug 30Rengo Co., Ltd. to Report Q2, 2024 Results on Nov 02, 2023Rengo Co., Ltd. announced that they will report Q2, 2024 results on Nov 02, 2023
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥38.83 (vs JP¥26.26 in 1Q 2023)First quarter 2024 results: EPS: JP¥38.83 (up from JP¥26.26 in 1Q 2023). Revenue: JP¥223.8b (up 12% from 1Q 2023). Net income: JP¥9.62b (up 48% from 1Q 2023). Profit margin: 4.3% (up from 3.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • May 31Rengo Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023Rengo Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023
Reported Earnings • May 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥82.47 (down from JP¥114 in FY 2022). Revenue: JP¥846.1b (up 13% from FY 2022). Net income: JP¥20.4b (down 28% from FY 2022). Profit margin: 2.4% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • May 14Rengo Co., Ltd., Annual General Meeting, Jun 29, 2023Rengo Co., Ltd., Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.2%).
Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥21.89 (vs JP¥27.41 in 3Q 2022)Third quarter 2023 results: EPS: JP¥21.89 (down from JP¥27.41 in 3Q 2022). Revenue: JP¥231.8b (up 19% from 3Q 2022). Net income: JP¥5.42b (down 20% from 3Q 2022). Profit margin: 2.3% (down from 3.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Major Estimate Revision • Dec 10Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥830.5b to JP¥846.5b. EPS estimate fell from JP¥116 to JP¥101 per share. Net income forecast to grow 44% next year vs 29% growth forecast for Packaging industry in Japan. Consensus price target of JP¥1,048 unchanged from last update. Share price was steady at JP¥871 over the past week.
Major Estimate Revision • Dec 02Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥92.90 to JP¥116. Revenue forecast steady at JP¥830.5b. Net income forecast to grow 49% next year vs 29% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,048. Share price fell 2.6% to JP¥865 over the past week.
お知らせ • Nov 27Rengo Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023Rengo Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023
Reported Earnings • Nov 18Second quarter 2023 earnings released: EPS: JP¥22.36 (vs JP¥27.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.36 (down from JP¥27.26 in 2Q 2022). Revenue: JP¥213.4b (up 17% from 2Q 2022). Net income: JP¥5.54b (down 18% from 2Q 2022). Profit margin: 2.6% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kaoru Tamaoka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥22.36 (vs JP¥27.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.36 (down from JP¥27.26 in 2Q 2022). Revenue: JP¥213.4b (up 17% from 2Q 2022). Net income: JP¥5.54b (down 18% from 2Q 2022). Profit margin: 2.6% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.
Price Target Changed • Oct 26Price target increased to JP¥1,038Up from JP¥968, the current price target is an average from 5 analysts. New target price is 24% above last closing price of JP¥835. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of JP¥112 for next year compared to JP¥114 last year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.1%).
お知らせ • Sep 02Rengo Co., Ltd. to Report Q2, 2023 Results on Nov 02, 2022Rengo Co., Ltd. announced that they will report Q2, 2023 results on Nov 02, 2022
Reported Earnings • Aug 03First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: JP¥26.26 (down from JP¥49.79 in 1Q 2022). Revenue: JP¥200.1b (up 11% from 1Q 2022). Net income: JP¥6.50b (down 47% from 1Q 2022). Profit margin: 3.2% (down from 6.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 8.6%, compared to a 8.7% growth forecast for the 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 remained flat, which means it is significantly lagging earnings.
お知らせ • May 29Rengo Co., Ltd. to Report Q1, 2023 Results on Aug 02, 2022Rengo Co., Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022
Reported Earnings • May 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥114 (down from JP¥116 in FY 2021). Revenue: JP¥746.9b (up 9.7% from FY 2021). Net income: JP¥28.2b (down 1.4% from FY 2021). Profit margin: 3.8% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 6.1%, compared to a 7.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.