View Financial HealthRasa Industries 配当と自社株買い配当金 基準チェック /26Rasa Industriesは配当を支払う会社で、現在の利回りは1.75%ですが、利益によって十分にカバーされています。次の支払い日は 26th June, 2026で、権利落ち日は30th March, 2026 。主要情報1.7%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長18.7%次回配当支払日26 Jun 26配当落ち日30 Mar 26一株当たり配当金n/a配当性向24%最近の配当と自社株買いの更新Upcoming Dividend • Mar 23Upcoming dividend of JP¥106 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).分析記事 • Feb 14Rasa Industries (TSE:4022) Has Announced That It Will Be Increasing Its Dividend To ¥106.00The board of Rasa Industries, Ltd. ( TSE:4022 ) has announced that it will be paying its dividend of ¥106.00 on the...Declared Dividend • Dec 03First half dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Sep 22Upcoming dividend of JP¥64.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).Declared Dividend • Jul 09Final dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 26% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Mar 21Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).すべての更新を表示Recent updatesお知らせ • Jun 11Rasa Industries, Ltd. to Report Q1, 2027 Results on Aug 12, 2026Rasa Industries, Ltd. announced that they will report Q1, 2027 results on Aug 12, 2026Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 25% to JP¥2,296. The fair value is estimated to be JP¥2,887, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 66%.Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 33%After last week's 33% share price gain to JP¥2,472, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 579% over the past three years.Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥1,838, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 401% over the past three years.Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥558 (vs JP¥79.74 in FY 2025)Full year 2026 results: EPS: JP¥558 (up from JP¥79.74 in FY 2025). Revenue: JP¥47.7b (up 5.1% from FY 2025). Net income: JP¥4.36b (up 39% from FY 2025). Profit margin: 9.1% (up from 6.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 71% per year.お知らせ • May 14Rasa Industries, Ltd., Annual General Meeting, Jun 25, 2026Rasa Industries, Ltd., Annual General Meeting, Jun 25, 2026.お知らせ • May 09Rasa Industries, Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Rasa Industries, Ltd. announced that they will report fiscal year 2026 results on May 14, 2026Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥2,126, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 435% over the past three years.New Risk • Apr 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,894, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 379% over the past three years.New Risk • Mar 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥12.6b (US$78.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (JP¥12.6b market cap, or US$78.4m).Upcoming Dividend • Mar 23Upcoming dividend of JP¥106 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).Buy Or Sell Opportunity • Mar 19Now 24% undervaluedOver the last 90 days, the stock has risen 32% to JP¥7,890. The fair value is estimated to be JP¥10,359, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥8,950, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 16x in the Chemicals industry in Japan. Total returns to shareholders of 368% over the past three years.分析記事 • Feb 14Rasa Industries (TSE:4022) Has Announced That It Will Be Increasing Its Dividend To ¥106.00The board of Rasa Industries, Ltd. ( TSE:4022 ) has announced that it will be paying its dividend of ¥106.00 on the...Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥152 (vs JP¥131 in 3Q 2025)Third quarter 2026 results: EPS: JP¥152 (up from JP¥131 in 3Q 2025). Revenue: JP¥12.5b (up 8.7% from 3Q 2025). Net income: JP¥1.19b (up 15% from 3Q 2025). Profit margin: 9.5% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥9,140, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 395% over the past three years.分析記事 • Feb 10Investors Appear Satisfied With Rasa Industries, Ltd.'s (TSE:4022) Prospects As Shares Rocket 27%Despite an already strong run, Rasa Industries, Ltd. ( TSE:4022 ) shares have been powering on, with a gain of 27% in...分析記事 • Jan 15Rasa Industries (TSE:4022) Has A Rock Solid Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Buy Or Sell Opportunity • Jan 13Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to JP¥6,620. The fair value is estimated to be JP¥5,511, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.7%.分析記事 • Dec 15Further Upside For Rasa Industries, Ltd. (TSE:4022) Shares Could Introduce Price Risks After 28% BounceDespite an already strong run, Rasa Industries, Ltd. ( TSE:4022 ) shares have been powering on, with a gain of 28% in...New Risk • Dec 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% 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. This is currently the only risk that has been identified for the company.お知らせ • Dec 03Rasa Industries, Ltd. to Report Q3, 2026 Results on Feb 12, 2026Rasa Industries, Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026Declared Dividend • Dec 03First half dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Nov 28A Look At The Fair Value Of Rasa Industries, Ltd. (TSE:4022)Key Insights Using the 2 Stage Free Cash Flow to Equity, Rasa Industries fair value estimate is JP¥5,513 Rasa...Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥123 (vs JP¥23.99 in 2Q 2025)Second quarter 2026 results: EPS: JP¥123 (up from JP¥23.99 in 2Q 2025). Revenue: JP¥12.2b (up 9.0% from 2Q 2025). Net income: JP¥957.0m (up 406% from 2Q 2025). Profit margin: 7.8% (up from 1.7% in 2Q 2025). The increase in margin was driven by higher revenue. 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 32% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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.Valuation Update With 7 Day Price Move • Oct 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,100, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 176% over the past three years.Upcoming Dividend • Sep 22Upcoming dividend of JP¥64.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).お知らせ • Sep 02Rasa Industries, Ltd. to Report Q2, 2026 Results on Nov 13, 2025Rasa Industries, Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: JP¥139 (vs JP¥99.56 in 1Q 2025)First quarter 2026 results: EPS: JP¥139 (up from JP¥99.56 in 1Q 2025). Revenue: JP¥10.5b (down 1.5% from 1Q 2025). Net income: JP¥1.09b (up 39% from 1Q 2025). Profit margin: 10% (up from 7.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 2.9% 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 Risk Dividend is not well covered by cash flows (0% cash payout ratio).Declared Dividend • Jul 09Final dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 26% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Outside Director Takuji Yamamoto was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 05Rasa Industries, Ltd. to Report Q1, 2026 Results on Aug 08, 2025Rasa Industries, Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025分析記事 • Jun 01Market Might Still Lack Some Conviction On Rasa Industries, Ltd. (TSE:4022) Even After 25% Share Price BoostRasa Industries, Ltd. ( TSE:4022 ) shareholders have had their patience rewarded with a 25% share price jump in the...Reported Earnings • May 19Full year 2025 earnings released: EPS: JP¥399 (vs JP¥302 in FY 2024)Full year 2025 results: EPS: JP¥399 (up from JP¥302 in FY 2024). Revenue: JP¥45.4b (up 6.2% from FY 2024). Net income: JP¥3.13b (up 31% from FY 2024). Profit margin: 6.9% (up from 5.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.New Risk • May 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,170, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 93% over the past three years.お知らせ • May 14Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2025Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2025.分析記事 • Apr 15Rasa Industries (TSE:4022) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,250, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 72% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).お知らせ • Mar 07Rasa Industries, Ltd. to Report Fiscal Year 2025 Results on May 14, 2025Rasa Industries, Ltd. announced that they will report fiscal year 2025 results on May 14, 2025Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥131 (vs JP¥57.15 in 3Q 2024)Third quarter 2025 results: EPS: JP¥131 (up from JP¥57.15 in 3Q 2024). Revenue: JP¥11.5b (up 19% from 3Q 2024). Net income: JP¥1.03b (up 129% from 3Q 2024). Profit margin: 8.9% (up from 4.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Dec 03Rasa Industries, Ltd. to Report Q3, 2025 Results on Feb 14, 2025Rasa Industries, Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025お知らせ • Nov 14Rasa Industries, Ltd. (TSE:4022) announces an Equity Buyback for 100,000 shares, representing 1.27% for ¥200 million.Rasa Industries, Ltd. (TSE:4022) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.27% of its issued share capital (excluding treasury stock) for ¥200 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will be valid till February 28, 2025. As of September 30, 2024, the company had 7,881,795 shares outstanding and 62,408 treasury shares.Upcoming Dividend • Sep 20Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).分析記事 • Sep 07Rasa Industries (TSE:4022) Is Experiencing Growth In Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...お知らせ • Sep 04Rasa Industries, Ltd. to Report Q2, 2025 Results on Nov 14, 2024Rasa Industries, Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥99.56 (vs JP¥68.87 in 1Q 2024)First quarter 2025 results: EPS: JP¥99.56 (up from JP¥68.87 in 1Q 2024). Revenue: JP¥10.6b (up 2.4% from 1Q 2024). Net income: JP¥784.0m (up 44% from 1Q 2024). Profit margin: 7.4% (up from 5.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 06Now 33% overvaluedOver the last 90 days, the stock has fallen 17% to JP¥2,371. The fair value is estimated to be JP¥1,783, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 5.3%.分析記事 • Aug 05Investors Don't See Light At End Of Rasa Industries, Ltd.'s (TSE:4022) Tunnel And Push Stock Down 35%Rasa Industries, Ltd. ( TSE:4022 ) shareholders won't be pleased to see that the share price has had a very rough...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥2,100, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 31% over the past three years.お知らせ • Jun 06Rasa Industries, Ltd. to Report Q1, 2025 Results on Aug 09, 2024Rasa Industries, Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024Reported Earnings • May 21Full year 2024 earnings released: EPS: JP¥301 (vs JP¥408 in FY 2023)Full year 2024 results: EPS: JP¥301 (down from JP¥408 in FY 2023). Revenue: JP¥42.8b (down 14% from FY 2023). Net income: JP¥2.38b (down 26% from FY 2023). Profit margin: 5.6% (down from 6.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 17Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2024Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥41.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).お知らせ • Mar 02Rasa Industries, Ltd. to Report Fiscal Year 2024 Results on May 15, 2024Rasa Industries, Ltd. announced that they will report fiscal year 2024 results on May 15, 2024Reported Earnings • Feb 19Third quarter 2024 earnings released: EPS: JP¥57.15 (vs JP¥103 in 3Q 2023)Third quarter 2024 results: EPS: JP¥57.15 (down from JP¥103 in 3Q 2023). Revenue: JP¥9.71b (down 24% from 3Q 2023). Net income: JP¥451.0m (down 45% from 3Q 2023). Profit margin: 4.6% (down from 6.4% 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 10% 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 • Nov 26Rasa Industries, Ltd. to Report Q3, 2024 Results on Feb 14, 2024Rasa Industries, Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024Reported Earnings • Nov 20Second quarter 2024 earnings released: EPS: JP¥56.32 (vs JP¥104 in 2Q 2023)Second quarter 2024 results: EPS: JP¥56.32 (down from JP¥104 in 2Q 2023). Revenue: JP¥10.3b (down 22% from 2Q 2023). Net income: JP¥446.0m (down 46% from 2Q 2023). Profit margin: 4.3% (down from 6.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 17Rasa Industries, Ltd. (TSE:4022) announces an Equity Buyback for 60,000 shares, representing 0.76% for ¥100 million.Rasa Industries, Ltd. (TSE:4022) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 0.76% of its share capital, for ¥100 million. The company will repurchase its shares for appropriation to treasury stock to be delivered to the executive officers of the company. The program will run until December 29, 2023. As of September 30, 2023, the company had 7,923,565 shares outstanding (excluding treasury shares) and 20,638 shares in treasury.お知らせ • Sep 01Rasa Industries, Ltd. to Report Q2, 2024 Results on Nov 14, 2023Rasa Industries, Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥68.87 (vs JP¥128 in 1Q 2023)First quarter 2024 results: EPS: JP¥68.87 (down from JP¥128 in 1Q 2023). Revenue: JP¥10.4b (down 14% from 1Q 2023). Net income: JP¥545.0m (down 46% from 1Q 2023). Profit margin: 5.3% (down from 8.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • May 31Rasa Industries, Ltd. to Report Q1, 2024 Results on Aug 10, 2023Rasa Industries, Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 19Full year 2023 earnings released: EPS: JP¥408 (vs JP¥320 in FY 2022)Full year 2023 results: EPS: JP¥408 (up from JP¥320 in FY 2022). Revenue: JP¥49.6b (up 40% from FY 2022). Net income: JP¥3.23b (up 27% from FY 2022). Profit margin: 6.5% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).Reported Earnings • Feb 17Third quarter 2023 earnings released: EPS: JP¥103 (vs JP¥71.10 in 3Q 2022)Third quarter 2023 results: EPS: JP¥103 (up from JP¥71.10 in 3Q 2022). Revenue: JP¥12.8b (up 47% from 3Q 2022). Net income: JP¥815.0m (up 45% from 3Q 2022). Profit margin: 6.4% (down from 6.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 02Rasa Industries, Ltd. to Report Q3, 2023 Results on Feb 14, 2023Rasa Industries, Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥104 (vs JP¥69.87 in 2Q 2022)Second quarter 2023 results: EPS: JP¥104 (up from JP¥69.87 in 2Q 2022). Revenue: JP¥13.1b (up 57% from 2Q 2022). Net income: JP¥820.0m (up 48% from 2Q 2022). Profit margin: 6.3% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 10 non-independent directors. Independent Outside Director Miho Fujita was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 01Rasa Industries, Ltd. to Report Q2, 2023 Results on Nov 14, 2022Rasa Industries, Ltd. announced that they will report Q2, 2023 results on Nov 14, 2022Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,378, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 120% over the past three years.Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥128 (vs JP¥65.87 in 1Q 2022)First quarter 2023 results: EPS: JP¥128 (up from JP¥65.87 in 1Q 2022). Revenue: JP¥12.1b (up 55% from 1Q 2022). Net income: JP¥1.01b (up 94% from 1Q 2022). Profit margin: 8.3% (up from 6.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 08Rasa Industries, Ltd. to Report Q1, 2023 Results on Aug 10, 2022Rasa Industries, Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • May 18Full year 2022 earnings released: EPS: JP¥320 (vs JP¥253 in FY 2021)Full year 2022 results: EPS: JP¥320 (up from JP¥253 in FY 2021). Revenue: JP¥35.4b (up 22% from FY 2021). Net income: JP¥2.54b (up 27% from FY 2021). Profit margin: 7.2% (up from 6.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.お知らせ • May 15Rasa Industries, Ltd., Annual General Meeting, Jun 29, 2022Rasa Industries, Ltd., Annual General Meeting, Jun 29, 2022.Valuation Update With 7 Day Price Move • May 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,655, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 30% over the past three years.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). External Full-Time Auditor Yuji Yamashita was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Apr 08Rasa Industries, Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Rasa Industries, Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%).Reported Earnings • Feb 17Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥71.08 (up from JP¥63.22 in 3Q 2021). Revenue: JP¥8.73b (up 29% from 3Q 2021). Net income: JP¥564.0m (up 13% from 3Q 2021). Profit margin: 6.5% (down from 7.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to stay flat compared to a 6.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Second quarter 2022 earnings released: EPS JP¥69.86 (vs JP¥54.89 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.32b (up 23% from 2Q 2021). Net income: JP¥554.0m (up 27% from 2Q 2021). Profit margin: 6.7% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. 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 6% per year, which means it is well ahead of earnings.Reported Earnings • Aug 18First quarter 2022 earnings released: EPS JP¥65.87 (vs JP¥55.52 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.79b (up 3.6% from 1Q 2021). Net income: JP¥522.0m (up 19% from 1Q 2021). Profit margin: 6.7% (up from 5.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year.Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥253 (vs JP¥174 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥29.0b (down 2.6% from FY 2020). Net income: JP¥2.00b (up 46% from FY 2020). Profit margin: 6.9% (up from 4.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.8%).お知らせ • Mar 04Rasa Industries, Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Rasa Industries, Ltd. announced that they will report fiscal year 2021 results on May 14, 2021Is New 90 Day High Low • Mar 02New 90-day low: JP¥2,096The company is down 3.0% from its price of JP¥2,163 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is flat over the same period.Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥63.20 (vs JP¥32.18 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥6.76b (down 5.2% from 3Q 2020). Net income: JP¥501.0m (up 97% from 3Q 2020). Profit margin: 7.4% (up from 3.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 12New 90-day high: JP¥2,485The company is up 16% from its price of JP¥2,148 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 17% over the same period.お知らせ • Dec 04Rasa Industries, Ltd. to Report Q3, 2021 Results on Feb 12, 2021Rasa Industries, Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021Is New 90 Day High Low • Dec 03New 90-day high: JP¥2,384The company is up 47% from its price of JP¥1,624 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period.Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 19% share price gain to JP¥2,384, the stock is trading at a trailing P/E ratio of 11.5x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 17%.お知らせ • Sep 03Rasa Industries, Ltd. to Report Q2, 2021 Results on Nov 13, 2020Rasa Industries, Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 4022が配当金を支払っている期間は 10 年未満です。増加する配当: 4022の配当金は増加していますが、同社は9年間しか配当金を支払っていません。配当利回り対市場Rasa Industries 配当利回り対市場4022 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (4022)1.7%市場下位25% (JP)1.8%市場トップ25% (JP)3.9%業界平均 (Chemicals)2.1%アナリスト予想 (4022) (最長3年)n/a注目すべき配当: 4022の配当金 ( 1.75% ) はJP市場の配当金支払者の下位 25% ( 1.81% ) と比べると目立ったものではありません。高配当: 4022の配当金 ( 1.75% ) はJP市場の配当金支払者の上位 25% ( 3.9% ) と比較すると低いです。株主への利益配当収益カバレッジ: 4022は低い 配当性向 ( 24.4% ) であるため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 4022は合理的な 現金配当性向 ( 74.8% ) を備えているため、配当金の支払いはキャッシュフローによって賄われます。高配当企業の発掘7D1Y7D1Y7D1YJP 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/14 09:55終値2026/06/12 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Rasa Industries, Ltd. 0 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。2 アナリスト機関Atsushi ShinodaCitigroup IncKatsuhiko IshibashiIchiyoshi Research Institute Inc.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥106 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).
分析記事 • Feb 14Rasa Industries (TSE:4022) Has Announced That It Will Be Increasing Its Dividend To ¥106.00The board of Rasa Industries, Ltd. ( TSE:4022 ) has announced that it will be paying its dividend of ¥106.00 on the...
Declared Dividend • Dec 03First half dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥64.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).
Declared Dividend • Jul 09Final dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 26% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
お知らせ • Jun 11Rasa Industries, Ltd. to Report Q1, 2027 Results on Aug 12, 2026Rasa Industries, Ltd. announced that they will report Q1, 2027 results on Aug 12, 2026
Buy Or Sell Opportunity • Jun 05Now 20% undervaluedOver the last 90 days, the stock has risen 25% to JP¥2,296. The fair value is estimated to be JP¥2,887, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 66%.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment improves as stock rises 33%After last week's 33% share price gain to JP¥2,472, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 579% over the past three years.
Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥1,838, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 401% over the past three years.
Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥558 (vs JP¥79.74 in FY 2025)Full year 2026 results: EPS: JP¥558 (up from JP¥79.74 in FY 2025). Revenue: JP¥47.7b (up 5.1% from FY 2025). Net income: JP¥4.36b (up 39% from FY 2025). Profit margin: 9.1% (up from 6.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 71% per year.
お知らせ • May 14Rasa Industries, Ltd., Annual General Meeting, Jun 25, 2026Rasa Industries, Ltd., Annual General Meeting, Jun 25, 2026.
お知らせ • May 09Rasa Industries, Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Rasa Industries, Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥2,126, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 435% over the past three years.
New Risk • Apr 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,894, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 379% over the past three years.
New Risk • Mar 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥12.6b (US$78.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (JP¥12.6b market cap, or US$78.4m).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥106 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).
Buy Or Sell Opportunity • Mar 19Now 24% undervaluedOver the last 90 days, the stock has risen 32% to JP¥7,890. The fair value is estimated to be JP¥10,359, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥8,950, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 16x in the Chemicals industry in Japan. Total returns to shareholders of 368% over the past three years.
分析記事 • Feb 14Rasa Industries (TSE:4022) Has Announced That It Will Be Increasing Its Dividend To ¥106.00The board of Rasa Industries, Ltd. ( TSE:4022 ) has announced that it will be paying its dividend of ¥106.00 on the...
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥152 (vs JP¥131 in 3Q 2025)Third quarter 2026 results: EPS: JP¥152 (up from JP¥131 in 3Q 2025). Revenue: JP¥12.5b (up 8.7% from 3Q 2025). Net income: JP¥1.19b (up 15% from 3Q 2025). Profit margin: 9.5% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥9,140, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 395% over the past three years.
分析記事 • Feb 10Investors Appear Satisfied With Rasa Industries, Ltd.'s (TSE:4022) Prospects As Shares Rocket 27%Despite an already strong run, Rasa Industries, Ltd. ( TSE:4022 ) shares have been powering on, with a gain of 27% in...
分析記事 • Jan 15Rasa Industries (TSE:4022) Has A Rock Solid Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Buy Or Sell Opportunity • Jan 13Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to JP¥6,620. The fair value is estimated to be JP¥5,511, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.7%.
分析記事 • Dec 15Further Upside For Rasa Industries, Ltd. (TSE:4022) Shares Could Introduce Price Risks After 28% BounceDespite an already strong run, Rasa Industries, Ltd. ( TSE:4022 ) shares have been powering on, with a gain of 28% in...
New Risk • Dec 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% 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. This is currently the only risk that has been identified for the company.
お知らせ • Dec 03Rasa Industries, Ltd. to Report Q3, 2026 Results on Feb 12, 2026Rasa Industries, Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026
Declared Dividend • Dec 03First half dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Nov 28A Look At The Fair Value Of Rasa Industries, Ltd. (TSE:4022)Key Insights Using the 2 Stage Free Cash Flow to Equity, Rasa Industries fair value estimate is JP¥5,513 Rasa...
Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥123 (vs JP¥23.99 in 2Q 2025)Second quarter 2026 results: EPS: JP¥123 (up from JP¥23.99 in 2Q 2025). Revenue: JP¥12.2b (up 9.0% from 2Q 2025). Net income: JP¥957.0m (up 406% from 2Q 2025). Profit margin: 7.8% (up from 1.7% in 2Q 2025). The increase in margin was driven by higher revenue. 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 32% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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.
Valuation Update With 7 Day Price Move • Oct 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,100, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 176% over the past three years.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥64.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).
お知らせ • Sep 02Rasa Industries, Ltd. to Report Q2, 2026 Results on Nov 13, 2025Rasa Industries, Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025
Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: JP¥139 (vs JP¥99.56 in 1Q 2025)First quarter 2026 results: EPS: JP¥139 (up from JP¥99.56 in 1Q 2025). Revenue: JP¥10.5b (down 1.5% from 1Q 2025). Net income: JP¥1.09b (up 39% from 1Q 2025). Profit margin: 10% (up from 7.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 2.9% 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 Risk Dividend is not well covered by cash flows (0% cash payout ratio).
Declared Dividend • Jul 09Final dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 26% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Outside Director Takuji Yamamoto was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 05Rasa Industries, Ltd. to Report Q1, 2026 Results on Aug 08, 2025Rasa Industries, Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025
分析記事 • Jun 01Market Might Still Lack Some Conviction On Rasa Industries, Ltd. (TSE:4022) Even After 25% Share Price BoostRasa Industries, Ltd. ( TSE:4022 ) shareholders have had their patience rewarded with a 25% share price jump in the...
Reported Earnings • May 19Full year 2025 earnings released: EPS: JP¥399 (vs JP¥302 in FY 2024)Full year 2025 results: EPS: JP¥399 (up from JP¥302 in FY 2024). Revenue: JP¥45.4b (up 6.2% from FY 2024). Net income: JP¥3.13b (up 31% from FY 2024). Profit margin: 6.9% (up from 5.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
New Risk • May 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,170, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 93% over the past three years.
お知らせ • May 14Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2025Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2025.
分析記事 • Apr 15Rasa Industries (TSE:4022) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,250, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 72% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
お知らせ • Mar 07Rasa Industries, Ltd. to Report Fiscal Year 2025 Results on May 14, 2025Rasa Industries, Ltd. announced that they will report fiscal year 2025 results on May 14, 2025
Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥131 (vs JP¥57.15 in 3Q 2024)Third quarter 2025 results: EPS: JP¥131 (up from JP¥57.15 in 3Q 2024). Revenue: JP¥11.5b (up 19% from 3Q 2024). Net income: JP¥1.03b (up 129% from 3Q 2024). Profit margin: 8.9% (up from 4.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Dec 03Rasa Industries, Ltd. to Report Q3, 2025 Results on Feb 14, 2025Rasa Industries, Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025
お知らせ • Nov 14Rasa Industries, Ltd. (TSE:4022) announces an Equity Buyback for 100,000 shares, representing 1.27% for ¥200 million.Rasa Industries, Ltd. (TSE:4022) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.27% of its issued share capital (excluding treasury stock) for ¥200 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will be valid till February 28, 2025. As of September 30, 2024, the company had 7,881,795 shares outstanding and 62,408 treasury shares.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).
分析記事 • Sep 07Rasa Industries (TSE:4022) Is Experiencing Growth In Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
お知らせ • Sep 04Rasa Industries, Ltd. to Report Q2, 2025 Results on Nov 14, 2024Rasa Industries, Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024
Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥99.56 (vs JP¥68.87 in 1Q 2024)First quarter 2025 results: EPS: JP¥99.56 (up from JP¥68.87 in 1Q 2024). Revenue: JP¥10.6b (up 2.4% from 1Q 2024). Net income: JP¥784.0m (up 44% from 1Q 2024). Profit margin: 7.4% (up from 5.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 06Now 33% overvaluedOver the last 90 days, the stock has fallen 17% to JP¥2,371. The fair value is estimated to be JP¥1,783, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 5.3%.
分析記事 • Aug 05Investors Don't See Light At End Of Rasa Industries, Ltd.'s (TSE:4022) Tunnel And Push Stock Down 35%Rasa Industries, Ltd. ( TSE:4022 ) shareholders won't be pleased to see that the share price has had a very rough...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥2,100, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 31% over the past three years.
お知らせ • Jun 06Rasa Industries, Ltd. to Report Q1, 2025 Results on Aug 09, 2024Rasa Industries, Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024
Reported Earnings • May 21Full year 2024 earnings released: EPS: JP¥301 (vs JP¥408 in FY 2023)Full year 2024 results: EPS: JP¥301 (down from JP¥408 in FY 2023). Revenue: JP¥42.8b (down 14% from FY 2023). Net income: JP¥2.38b (down 26% from FY 2023). Profit margin: 5.6% (down from 6.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 17Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2024Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥41.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).
お知らせ • Mar 02Rasa Industries, Ltd. to Report Fiscal Year 2024 Results on May 15, 2024Rasa Industries, Ltd. announced that they will report fiscal year 2024 results on May 15, 2024
Reported Earnings • Feb 19Third quarter 2024 earnings released: EPS: JP¥57.15 (vs JP¥103 in 3Q 2023)Third quarter 2024 results: EPS: JP¥57.15 (down from JP¥103 in 3Q 2023). Revenue: JP¥9.71b (down 24% from 3Q 2023). Net income: JP¥451.0m (down 45% from 3Q 2023). Profit margin: 4.6% (down from 6.4% 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 10% 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 • Nov 26Rasa Industries, Ltd. to Report Q3, 2024 Results on Feb 14, 2024Rasa Industries, Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024
Reported Earnings • Nov 20Second quarter 2024 earnings released: EPS: JP¥56.32 (vs JP¥104 in 2Q 2023)Second quarter 2024 results: EPS: JP¥56.32 (down from JP¥104 in 2Q 2023). Revenue: JP¥10.3b (down 22% from 2Q 2023). Net income: JP¥446.0m (down 46% from 2Q 2023). Profit margin: 4.3% (down from 6.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 17Rasa Industries, Ltd. (TSE:4022) announces an Equity Buyback for 60,000 shares, representing 0.76% for ¥100 million.Rasa Industries, Ltd. (TSE:4022) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 0.76% of its share capital, for ¥100 million. The company will repurchase its shares for appropriation to treasury stock to be delivered to the executive officers of the company. The program will run until December 29, 2023. As of September 30, 2023, the company had 7,923,565 shares outstanding (excluding treasury shares) and 20,638 shares in treasury.
お知らせ • Sep 01Rasa Industries, Ltd. to Report Q2, 2024 Results on Nov 14, 2023Rasa Industries, Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥68.87 (vs JP¥128 in 1Q 2023)First quarter 2024 results: EPS: JP¥68.87 (down from JP¥128 in 1Q 2023). Revenue: JP¥10.4b (down 14% from 1Q 2023). Net income: JP¥545.0m (down 46% from 1Q 2023). Profit margin: 5.3% (down from 8.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • May 31Rasa Industries, Ltd. to Report Q1, 2024 Results on Aug 10, 2023Rasa Industries, Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 19Full year 2023 earnings released: EPS: JP¥408 (vs JP¥320 in FY 2022)Full year 2023 results: EPS: JP¥408 (up from JP¥320 in FY 2022). Revenue: JP¥49.6b (up 40% from FY 2022). Net income: JP¥3.23b (up 27% from FY 2022). Profit margin: 6.5% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
Reported Earnings • Feb 17Third quarter 2023 earnings released: EPS: JP¥103 (vs JP¥71.10 in 3Q 2022)Third quarter 2023 results: EPS: JP¥103 (up from JP¥71.10 in 3Q 2022). Revenue: JP¥12.8b (up 47% from 3Q 2022). Net income: JP¥815.0m (up 45% from 3Q 2022). Profit margin: 6.4% (down from 6.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 02Rasa Industries, Ltd. to Report Q3, 2023 Results on Feb 14, 2023Rasa Industries, Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥104 (vs JP¥69.87 in 2Q 2022)Second quarter 2023 results: EPS: JP¥104 (up from JP¥69.87 in 2Q 2022). Revenue: JP¥13.1b (up 57% from 2Q 2022). Net income: JP¥820.0m (up 48% from 2Q 2022). Profit margin: 6.3% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 10 non-independent directors. Independent Outside Director Miho Fujita was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 01Rasa Industries, Ltd. to Report Q2, 2023 Results on Nov 14, 2022Rasa Industries, Ltd. announced that they will report Q2, 2023 results on Nov 14, 2022
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,378, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 120% over the past three years.
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥128 (vs JP¥65.87 in 1Q 2022)First quarter 2023 results: EPS: JP¥128 (up from JP¥65.87 in 1Q 2022). Revenue: JP¥12.1b (up 55% from 1Q 2022). Net income: JP¥1.01b (up 94% from 1Q 2022). Profit margin: 8.3% (up from 6.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 08Rasa Industries, Ltd. to Report Q1, 2023 Results on Aug 10, 2022Rasa Industries, Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • May 18Full year 2022 earnings released: EPS: JP¥320 (vs JP¥253 in FY 2021)Full year 2022 results: EPS: JP¥320 (up from JP¥253 in FY 2021). Revenue: JP¥35.4b (up 22% from FY 2021). Net income: JP¥2.54b (up 27% from FY 2021). Profit margin: 7.2% (up from 6.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.
お知らせ • May 15Rasa Industries, Ltd., Annual General Meeting, Jun 29, 2022Rasa Industries, Ltd., Annual General Meeting, Jun 29, 2022.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,655, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 30% over the past three years.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). External Full-Time Auditor Yuji Yamashita was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Rasa Industries, Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Rasa Industries, Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%).
Reported Earnings • Feb 17Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥71.08 (up from JP¥63.22 in 3Q 2021). Revenue: JP¥8.73b (up 29% from 3Q 2021). Net income: JP¥564.0m (up 13% from 3Q 2021). Profit margin: 6.5% (down from 7.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to stay flat compared to a 6.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Second quarter 2022 earnings released: EPS JP¥69.86 (vs JP¥54.89 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.32b (up 23% from 2Q 2021). Net income: JP¥554.0m (up 27% from 2Q 2021). Profit margin: 6.7% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. 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 6% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 18First quarter 2022 earnings released: EPS JP¥65.87 (vs JP¥55.52 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.79b (up 3.6% from 1Q 2021). Net income: JP¥522.0m (up 19% from 1Q 2021). Profit margin: 6.7% (up from 5.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year.
Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥253 (vs JP¥174 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥29.0b (down 2.6% from FY 2020). Net income: JP¥2.00b (up 46% from FY 2020). Profit margin: 6.9% (up from 4.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.8%).
お知らせ • Mar 04Rasa Industries, Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Rasa Industries, Ltd. announced that they will report fiscal year 2021 results on May 14, 2021
Is New 90 Day High Low • Mar 02New 90-day low: JP¥2,096The company is down 3.0% from its price of JP¥2,163 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is flat over the same period.
Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥63.20 (vs JP¥32.18 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥6.76b (down 5.2% from 3Q 2020). Net income: JP¥501.0m (up 97% from 3Q 2020). Profit margin: 7.4% (up from 3.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 12New 90-day high: JP¥2,485The company is up 16% from its price of JP¥2,148 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 17% over the same period.
お知らせ • Dec 04Rasa Industries, Ltd. to Report Q3, 2021 Results on Feb 12, 2021Rasa Industries, Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021
Is New 90 Day High Low • Dec 03New 90-day high: JP¥2,384The company is up 47% from its price of JP¥1,624 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period.
Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 19% share price gain to JP¥2,384, the stock is trading at a trailing P/E ratio of 11.5x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 17%.
お知らせ • Sep 03Rasa Industries, Ltd. to Report Q2, 2021 Results on Nov 13, 2020Rasa Industries, Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020