View Future Growthartience 過去の業績過去 基準チェック /26artienceは、平均年間13.1%の収益成長を遂げていますが、 Chemicals業界の収益は、年間 成長しています。収益は、平均年間5.4% 5.5%収益成長率で 成長しています。 artienceの自己資本利益率は4.9%であり、純利益率は3.9%です。主要情報13.13%収益成長率16.08%EPS成長率Chemicals 業界の成長6.58%収益成長率5.52%株主資本利益率4.87%ネット・マージン3.92%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 20First quarter 2026 earnings released: EPS: JP¥140 (vs JP¥58.48 in 1Q 2025)First quarter 2026 results: EPS: JP¥140 (up from JP¥58.48 in 1Q 2025). Revenue: JP¥88.3b (up 7.5% from 1Q 2025). Net income: JP¥6.57b (up 123% from 1Q 2025). Profit margin: 7.4% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 23% per year.お知らせ • Apr 23artience Co., Ltd. to Report Q1, 2026 Results on May 15, 2026artience Co., Ltd. announced that they will report Q1, 2026 results at 4:30 PM, Tokyo Standard Time on May 15, 2026Reported Earnings • Feb 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥210 (down from JP¥353 in FY 2024). Revenue: JP¥350.0b (flat on FY 2024). Net income: JP¥10.3b (down 44% from FY 2024). Profit margin: 3.0% (down from 5.3% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 28% per year.お知らせ • Dec 23artience Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026artience Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥86.05 (vs JP¥61.77 in 3Q 2024)Third quarter 2025 results: EPS: JP¥86.05 (up from JP¥61.77 in 3Q 2024). Revenue: JP¥89.7b (up 2.0% from 3Q 2024). Net income: JP¥4.19b (up 28% from 3Q 2024). Profit margin: 4.7% (up from 3.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. 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 20% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 26artience Co., Ltd. to Report Q3, 2025 Results on Nov 14, 2025artience Co., Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025すべての更新を表示Recent updatesReported Earnings • May 20First quarter 2026 earnings released: EPS: JP¥140 (vs JP¥58.48 in 1Q 2025)First quarter 2026 results: EPS: JP¥140 (up from JP¥58.48 in 1Q 2025). Revenue: JP¥88.3b (up 7.5% from 1Q 2025). Net income: JP¥6.57b (up 123% from 1Q 2025). Profit margin: 7.4% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 23% per year.お知らせ • Apr 23artience Co., Ltd. to Report Q1, 2026 Results on May 15, 2026artience Co., Ltd. announced that they will report Q1, 2026 results at 4:30 PM, Tokyo Standard Time on May 15, 2026Declared Dividend • Apr 11Final dividend increased to JP¥60.00Dividend of JP¥60.00 is 20% higher than last year. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 2.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 4.8% 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 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Apr 10High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Megumi Tsukamoto was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Mar 06Price target increased by 11% to JP¥4,400Up from JP¥3,950, the current price target is an average from 2 analysts. New target price is 6.2% above last closing price of JP¥4,145. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥432 for next year compared to JP¥210 last year.お知らせ • Feb 18Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders.Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd made an offer to acquire Toin Corporation (TSE:7923) from a group of shareholders for ¥6 billion on March 21, 2025. A cash consideration valued at ¥1187 per share will be paid by Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd. The transaction is expected to close on February 16, 2026. Nomura Securities Co., Ltd. acted as financial advisor and Mori Hamada & Matsumoto LPC acted as legal advisor to Corporate Support Research Institute Co, Ltd. Anderson Mori & Tomotsune acted as legal advisor and Daiwa Securities Co. Ltd. acted as financial advisor to Toin Corporation. Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders on February 16, 2026. As per the transaction, Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd acquired 92.13% stake in Toin Corporation and will acquired remaining shares via squeeze-out procedures.New Risk • Feb 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 5.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin).Reported Earnings • Feb 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥210 (down from JP¥353 in FY 2024). Revenue: JP¥350.0b (flat on FY 2024). Net income: JP¥10.3b (down 44% from FY 2024). Profit margin: 3.0% (down from 5.3% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 28% per year.お知らせ • Feb 14+ 2 more updatesartience Co., Ltd. Announces Year End Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 25, 2026artience Co., Ltd. announced the year end dividend of JPY 50.00 per share for the fiscal year ended December 31, 2025, payable on March 25, 2026 against JPY 50.00 per share a year ago.お知らせ • Feb 13artience Co., Ltd., Annual General Meeting, Mar 24, 2026artience Co., Ltd., Annual General Meeting, Mar 24, 2026.分析記事 • Feb 04artience Co., Ltd. (TSE:4634) Looks Inexpensive But Perhaps Not Attractive EnoughWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider...分析記事 • Dec 23artience (TSE:4634) Has Affirmed Its Dividend Of ¥50.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend on the 27th of March, with...お知らせ • Dec 23artience Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026artience Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026Upcoming Dividend • Dec 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 32% and the cash payout ratio is 81%. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).分析記事 • Nov 30artience's (TSE:4634) Dividend Will Be ¥50.00artience Co., Ltd. ( TSE:4634 ) will pay a dividend of ¥50.00 on the 27th of March. Based on this payment, the dividend...Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥86.05 (vs JP¥61.77 in 3Q 2024)Third quarter 2025 results: EPS: JP¥86.05 (up from JP¥61.77 in 3Q 2024). Revenue: JP¥89.7b (up 2.0% from 3Q 2024). Net income: JP¥4.19b (up 28% from 3Q 2024). Profit margin: 4.7% (up from 3.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. 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 20% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 05artience (TSE:4634) Will Pay A Dividend Of ¥50.00artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥50.00 per share on the 27th of March...分析記事 • Oct 15artience (TSE:4634) Has Affirmed Its Dividend Of ¥50.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend on the 27th of March, with...分析記事 • Sep 26artience's (TSE:4634) Dividend Will Be ¥50.00artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥50.00 per share on the 27th of March. The...お知らせ • Sep 26artience Co., Ltd. to Report Q3, 2025 Results on Nov 14, 2025artience Co., Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025Price Target Changed • Sep 25Price target decreased by 8.3% to JP¥3,850Down from JP¥4,200, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥3,185. Stock is down 20% over the past year. The company is forecast to post earnings per share of JP¥300 for next year compared to JP¥353 last year.分析記事 • Sep 09artience (TSE:4634) Is Paying Out A Dividend Of ¥50.00artience Co., Ltd. ( TSE:4634 ) will pay a dividend of ¥50.00 on the 27th of March. Based on this payment, the dividend...Declared Dividend • Sep 09First half dividend of JP¥50.00 announcedDividend of JP¥50.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th March 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (82% cash payout ratio). The dividend has increased by an average of 3.6% 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 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: JP¥50.88 (vs JP¥99.20 in 2Q 2024)Second quarter 2025 results: EPS: JP¥50.88 (down from JP¥99.20 in 2Q 2024). Revenue: JP¥86.6b (down 4.3% from 2Q 2024). Net income: JP¥2.53b (down 52% from 2Q 2024). Profit margin: 2.9% (down from 5.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 06Is artience (TSE:4634) Using Too Much Debt?TSE:4634 1 Year Share Price vs Fair Value Explore artience's Fair Values from the Community and select yours Warren...Upcoming Dividend • Jun 20Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.9%).Reported Earnings • May 10First quarter 2025 earnings released: EPS: JP¥58.48 (vs JP¥77.23 in 1Q 2024)First quarter 2025 results: EPS: JP¥58.48 (down from JP¥77.23 in 1Q 2024). Revenue: JP¥82.1b (flat on 1Q 2024). Net income: JP¥2.95b (down 28% from 1Q 2024). Profit margin: 3.6% (down from 5.0% in 1Q 2024). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% 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 • Apr 12artience Co., Ltd. to Report First Half, 2025 Results on Aug 08, 2025artience Co., Ltd. announced that they will report first half, 2025 results on Aug 08, 2025Declared Dividend • Apr 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th June 2025 Payment date: 9th September 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 3.6% 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 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Apr 08Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Yoshinobu Fujimoto was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,583, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 54% over the past three years.分析記事 • Apr 01artience (TSE:4634) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Feb 21Investors Shouldn't Be Too Comfortable With artience's (TSE:4634) Earningsartience Co., Ltd.'s ( TSE:4634 ) robust earnings report didn't manage to move the market for its stock. Our analysis...お知らせ • Feb 17artience Co., Ltd. to Report Q1, 2025 Results on May 09, 2025artience Co., Ltd. announced that they will report Q1, 2025 results at 4:50 PM, Tokyo Standard Time on May 09, 2025Reported Earnings • Feb 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥353 (up from JP¥184 in FY 2023). Revenue: JP¥351.1b (up 9.0% from FY 2023). Net income: JP¥18.5b (up 90% from FY 2023). Profit margin: 5.3% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 6.9%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year.お知らせ • Feb 14artience Co., Ltd., Annual General Meeting, Mar 26, 2025artience Co., Ltd., Annual General Meeting, Mar 26, 2025.分析記事 • Dec 26artience's (TSE:4634) Dividend Will Be ¥50.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥50.00 per share on the 27th...お知らせ • Dec 25artience Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025artience Co., Ltd. announced that they will report fiscal year 2024 results at 4:50 PM, Tokyo Standard Time on Feb 14, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.6%).Price Target Changed • Dec 18Price target decreased by 7.2% to JP¥4,500Down from JP¥4,850, the current price target is an average from 2 analysts. New target price is 49% above last closing price of JP¥3,020. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥329 for next year compared to JP¥184 last year.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥3,095, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 76% over the past three years.分析記事 • Nov 12artience (TSE:4634) Has Announced A Dividend Of ¥50.00artience Co., Ltd. ( TSE:4634 ) will pay a dividend of ¥50.00 on the 27th of March. This will take the annual payment...Price Target Changed • Nov 09Price target increased by 11% to JP¥4,850Up from JP¥4,350, the current price target is an average from 2 analysts. New target price is 29% above last closing price of JP¥3,755. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥341 for next year compared to JP¥184 last year.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: JP¥61.77 (vs JP¥63.70 in 3Q 2023)Third quarter 2024 results: EPS: JP¥61.77 (down from JP¥63.70 in 3Q 2023). Revenue: JP¥87.9b (up 4.0% from 3Q 2023). Net income: JP¥3.27b (down 3.3% from 3Q 2023). Profit margin: 3.7% (down from 4.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals 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 increased by 23% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Nov 08With artience Co., Ltd. (TSE:4634) It Looks Like You'll Get What You Pay ForWith a median price-to-earnings (or "P/E") ratio of close to 13x in Japan, you could be forgiven for feeling...分析記事 • Oct 16We Think artience (TSE:4634) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Sep 18The Returns At artience (TSE:4634) Aren't GrowingDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Major Estimate Revision • Sep 04Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥342.7b to JP¥348.4b. EPS estimate increased from JP¥258 to JP¥285 per share. Net income forecast to grow 3.6% next year vs 11% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥4,350 to JP¥4,600. Share price rose 6.8% to JP¥3,775 over the past week.分析記事 • Aug 26artience (TSE:4634) Is Due To Pay A Dividend Of ¥50.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend on the 27th of March, with...お知らせ • Aug 19artience Co., Ltd. to Report Q3, 2024 Results on Nov 08, 2024artience Co., Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥99.20 (vs JP¥63.29 in 2Q 2023)Second quarter 2024 results: EPS: JP¥99.20 (up from JP¥63.29 in 2Q 2023). Revenue: JP¥90.5b (up 15% from 2Q 2023). Net income: JP¥5.26b (up 57% from 2Q 2023). Profit margin: 5.8% (up from 4.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Aug 12artience's (TSE:4634) Dividend Will Be ¥50.00artience Co., Ltd.'s ( TSE:4634 ) investors are due to receive a payment of ¥50.00 per share on 27th of March. This...Declared Dividend • Aug 12Dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but not covered by cash flows (137% cash payout ratio). The dividend has increased by an average of 4.1% 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 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Aug 09+ 1 more updateartience Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending December 31, 2024artience Co., Ltd. revised earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects Net sales to be JPY 355,000 million. Operating profit JPY 20,000 million. Profit attributable to owners of parent JPY 16,500million. Profit per share JPY 311.12 million. During the interim period of the consolidated fiscal year under review, the global economy as a whole continued its moderate recovery, despite setbacks in the recovery of personal consumption. The moderate recovery is expected to continue as employment and income improve, but there is still uncertainty about the future due to interest rates continuing to be high in Europe and the United States and the risk of concerns about the Chinese economy putting downward pressure on the global economy. Looking at the business environment surrounding the Group, the demand for lithium-ion battery materials for automobiles decreased due to the stagnant electric vehicle market. However, the Group is taking steps to increase production and shipments. Overall, sales are growing due to strong global demand and the expansion of facilities in overseas growth regions. The Company anticipates that net sales will surpass its initial projection. The Group improved its business structure, which led to cost reductions and a revision of selling prices. This resulted in increased profits. Additionally, the Company will also record a gain on sale of investment securities (an extraordinary income of JPY 3,400 million from the sale of five securities held by the Company will be posted for the period from July to December 2024). Taking these factors into account, the Company expects profits to exceed the initial plan.分析記事 • Aug 05Market Cool On artience Co., Ltd.'s (TSE:4634) Earnings Pushing Shares 26% Lowerartience Co., Ltd. ( TSE:4634 ) shareholders won't be pleased to see that the share price has had a very rough month...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 Dividend is not well covered by cash flows (137% cash payout ratio). 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 25%After last week's 25% share price decline to JP¥2,443, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,960 per share.分析記事 • Jun 26artience (TSE:4634) Is Paying Out A Dividend Of ¥45.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥45.00 per share on the 2nd...お知らせ • Jun 26artience Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024artience Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Upcoming Dividend • Jun 20Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 02 September 2024. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).Major Estimate Revision • Jun 06Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥217 to JP¥241. Revenue forecast steady at JP¥342.7b. Net income forecast to grow 0.5% next year vs 11% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥4,050 to JP¥4,350. Share price was steady at JP¥3,345 over the past week.分析記事 • Jun 03Is artience (TSE:4634) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Price Target Changed • May 24Price target increased by 13% to JP¥4,050Up from JP¥3,600, the current price target is an average from 2 analysts. New target price is 18% above last closing price of JP¥3,430. Stock is up 58% over the past year. The company is forecast to post earnings per share of JP¥217 for next year compared to JP¥184 last year.Reported Earnings • May 12First quarter 2024 earnings released: EPS: JP¥77.23 (vs JP¥9.19 in 1Q 2023)First quarter 2024 results: EPS: JP¥77.23 (up from JP¥9.19 in 1Q 2023). Revenue: JP¥81.7b (up 9.2% from 1Q 2023). Net income: JP¥4.10b (up JP¥3.61b from 1Q 2023). Profit margin: 5.0% (up from 0.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. 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 14% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Apr 11artience (TSE:4634) Has Affirmed Its Dividend Of ¥45.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥45.00 per share on the 2nd...Declared Dividend • Apr 11Final dividend of JP¥45.00 announcedDividend of JP¥45.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 2nd September 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not covered by cash flows (137% cash payout ratio). The dividend has increased by an average of 4.1% 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.Reported Earnings • Mar 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥184 (up from JP¥171 in FY 2022). Revenue: JP¥322.1b (up 2.0% from FY 2022). Net income: JP¥9.74b (up 4.6% from FY 2022). Profit margin: 3.0% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Mar 13Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥181 to JP¥201. Revenue forecast steady at JP¥338.3b. Net income forecast to grow 8.9% next year vs 21% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥3,450 to JP¥3,600. Share price rose 2.6% to JP¥2,835 over the past week.Price Target Changed • Mar 12Price target increased by 11% to JP¥3,600Up from JP¥3,250, the current price target is an average from 2 analysts. New target price is 27% above last closing price of JP¥2,830. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥201 for next year compared to JP¥184 last year.分析記事 • Mar 01We Think artience (TSE:4634) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Price Target Changed • Feb 27Price target increased by 7.8% to JP¥3,450Up from JP¥3,200, the current price target is an average from 2 analysts. New target price is 18% above last closing price of JP¥2,913. Stock is up 51% over the past year. The company is forecast to post earnings per share of JP¥181 for next year compared to JP¥184 last year.お知らせ • Feb 19artience Co., Ltd. to Report Q1, 2024 Results on May 10, 2024artience Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥184 (up from JP¥171 in FY 2022). Revenue: JP¥322.1b (up 2.0% from FY 2022). Net income: JP¥9.74b (up 4.6% from FY 2022). Profit margin: 3.0% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14artience Co., Ltd., Annual General Meeting, Mar 26, 2024artience Co., Ltd., Annual General Meeting, Mar 26, 2024. Agenda: To consider dividend.お知らせ • Dec 24Toyo Ink SC Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Toyo Ink SC Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥45.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 25 March 2024. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.4%).Reported Earnings • Nov 12Third quarter 2023 earnings released: EPS: JP¥63.70 (vs JP¥6.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥63.70 (up from JP¥6.55 in 3Q 2022). Revenue: JP¥84.6b (up 5.4% from 3Q 2022). Net income: JP¥3.38b (up JP¥3.03b from 3Q 2022). Profit margin: 4.0% (up from 0.4% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 11+ 1 more updateToyo Ink Sc Holdings Co., Ltd. Provides Dividend Guidance for Full Year Ending December 31, 2023Toyo Ink SC Holdings Co., Ltd. provided dividend guidance for full year ending December 31, 2023. For the year the company expects to pay the dividend of JPY 45 per share.お知らせ • Sep 24Toyo Ink SC Holdings Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023Toyo Ink SC Holdings Co., Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023New Risk • Aug 09New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 101% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Paying a dividend despite having no free cash flows. Earnings have declined by 4.6% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.5% net profit margin).Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: JP¥63.29 (vs JP¥95.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥63.29 (down from JP¥95.26 in 2Q 2022). Revenue: JP¥78.9b (down 2.1% from 2Q 2022). Net income: JP¥3.36b (down 36% from 2Q 2022). Profit margin: 4.3% (down from 6.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.お知らせ • Jun 22Toyo Ink SC Holdings Co., Ltd. to Report Q2, 2023 Results on Aug 07, 2023Toyo Ink SC Holdings Co., Ltd. announced that they will report Q2, 2023 results on Aug 07, 2023Upcoming Dividend • Jun 22Upcoming dividend of JP¥45.00 per share at 4.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.5%).Reported Earnings • May 17First quarter 2023 earnings released: EPS: JP¥9.19 (vs JP¥56.60 in 1Q 2022)First quarter 2023 results: EPS: JP¥9.19 (down from JP¥56.60 in 1Q 2022). Revenue: JP¥74.8b (flat on 1Q 2022). Net income: JP¥487.0m (down 85% from 1Q 2022). Profit margin: 0.7% (down from 4.3% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • May 13+ 1 more updateToyo Ink SC Holdings Co., Ltd. Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending December 31, 2023Toyo Ink SC Holdings Co., Ltd. provided dividend guidance for the second quarter and fiscal year ending December 31, 2023. For the second quarter end, the company expects to pay dividend of JPY 45.00 per share against JPY 45.00 per share paid a year ago.For the year, the company expects to pay dividend of JPY 45.00 per share against JPY 45.00 per share paid a year ago.Reported Earnings • Mar 28Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥315.9b (up 9.7% from FY 2021). Net income: JP¥9.31b (down 1.9% from FY 2021). Profit margin: 2.9% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 17Full year 2022 earnings released: EPS: JP¥171 (vs JP¥169 in FY 2021)Full year 2022 results: EPS: JP¥171. Revenue: JP¥315.9b (up 9.7% from FY 2021). Net income: JP¥9.31b (down 1.9% from FY 2021). Profit margin: 2.9% (down from 3.3% in FY 2021).お知らせ • Feb 15+ 1 more updateToyo Ink SC Holdings Co., Ltd. Announces Dividend for the Year Ended December 31, 2022, Payable on March 24, 2022 and Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Ending December 31, 2023Toyo Ink SC Holdings Co., Ltd. announced the dividend of JPY 45.00 per share for the fiscal year ended December 31, 2022 against JPY 45.00 per share a year ago. Scheduled date of commencement of dividend payments: March 24, 2023.For the second quarter of fiscal year ending December 31, 2023, the company expects to pay the dividend of JPY 45.00 per share against JPY 45.00 per share for the same period a year ago.For full year ending December 31, 2023, the company expects to pay the dividend of JPY 45.00 per share against JPY 45.00 per share a year ago.お知らせ • Feb 14Toyo Ink SC Holdings Co., Ltd., Annual General Meeting, Mar 23, 2023Toyo Ink SC Holdings Co., Ltd., Annual General Meeting, Mar 23, 2023.お知らせ • Dec 24Toyo Ink SC Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023Toyo Ink SC Holdings Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 24 March 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.0%).Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥6.55 (vs JP¥11.93 in 3Q 2021)Third quarter 2022 results: EPS: JP¥6.55 (down from JP¥11.93 in 3Q 2021). Revenue: JP¥80.2b (up 12% from 3Q 2021). Net income: JP¥348.0m (down 48% from 3Q 2021). Profit margin: 0.4% (down from 0.9% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director J.J. Ikegami was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.収支内訳artience の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:4634 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Mar 26356,17113,96649,9374,43431 Dec 25349,97910,34048,7904,31230 Sep 25349,31115,58348,0314,28930 Jun 25347,53914,65847,5314,18431 Mar 25351,47017,39148,0544,09131 Dec 24351,06418,54048,2563,95130 Sep 24344,07415,14047,7783,75330 Jun 24340,70315,25147,5033,75831 Mar 24329,02313,34546,2323,64231 Dec 23322,1229,73744,9923,63730 Sep 23319,1567,76943,8533,60530 Jun 23314,8454,74042,9043,51531 Mar 23316,5086,63442,5803,54331 Dec 22315,9279,30842,0683,45230 Sep 22312,03011,26541,6273,41530 Jun 22303,39111,58341,0253,39531 Mar 22293,8759,49440,4493,32331 Dec 21287,9899,49240,4133,32530 Sep 21281,2228,78940,0493,48930 Jun 21273,7419,69239,7283,38831 Mar 21262,6108,01739,0823,28731 Dec 20257,6756,01939,1003,22430 Sep 20257,8547,31439,5723,22330 Jun 20263,8068,38539,5843,28931 Mar 20274,2347,27741,0943,36731 Dec 19279,8928,50941,8423,43830 Sep 19286,1908,83941,6993,43830 Jun 19288,6349,31042,5283,43031 Mar 19291,02912,07242,4583,42531 Dec 18290,20811,84741,8403,37231 Dec 17308,73015,78045,1123,51230 Sep 17270,96914,93841,4023,18930 Jun 17269,23914,15541,3772,98731 Mar 17268,48412,70241,5242,83131 Dec 16269,90610,24141,9022,87030 Sep 16275,38011,69142,0752,90630 Jun 16280,45711,70742,3282,91231 Mar 16283,20812,19042,3162,91831 Dec 15287,5478,84842,2412,94730 Sep 15288,1169,15242,0982,99430 Jun 15286,76412,71841,5173,067質の高い収益: 4634は 高品質の収益 を持っています。利益率の向上: 4634の現在の純利益率 (3.9%)は、昨年(4.9%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 4634の収益は過去 5 年間で年間13.1%増加しました。成長の加速: 4634は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 4634は過去 1 年間で収益成長率がマイナス ( -19.7% ) となったため、 Chemicals業界平均 ( 10.7% ) と比較することが困難です。株主資本利益率高いROE: 4634の 自己資本利益率 ( 4.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health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2026/05/23 20:32終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク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artience Co., Ltd. 3 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。5 アナリスト機関Katsuhiko IshibashiIchiyoshi Research Institute Inc.Atsushi YoshidaMizuho Securities Co., Ltd.Shigeki OkazakiNomura Securities Co. Ltd.2 その他のアナリストを表示
Reported Earnings • May 20First quarter 2026 earnings released: EPS: JP¥140 (vs JP¥58.48 in 1Q 2025)First quarter 2026 results: EPS: JP¥140 (up from JP¥58.48 in 1Q 2025). Revenue: JP¥88.3b (up 7.5% from 1Q 2025). Net income: JP¥6.57b (up 123% from 1Q 2025). Profit margin: 7.4% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 23% per year.
お知らせ • Apr 23artience Co., Ltd. to Report Q1, 2026 Results on May 15, 2026artience Co., Ltd. announced that they will report Q1, 2026 results at 4:30 PM, Tokyo Standard Time on May 15, 2026
Reported Earnings • Feb 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥210 (down from JP¥353 in FY 2024). Revenue: JP¥350.0b (flat on FY 2024). Net income: JP¥10.3b (down 44% from FY 2024). Profit margin: 3.0% (down from 5.3% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 28% per year.
お知らせ • Dec 23artience Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026artience Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥86.05 (vs JP¥61.77 in 3Q 2024)Third quarter 2025 results: EPS: JP¥86.05 (up from JP¥61.77 in 3Q 2024). Revenue: JP¥89.7b (up 2.0% from 3Q 2024). Net income: JP¥4.19b (up 28% from 3Q 2024). Profit margin: 4.7% (up from 3.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. 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 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 26artience Co., Ltd. to Report Q3, 2025 Results on Nov 14, 2025artience Co., Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025
Reported Earnings • May 20First quarter 2026 earnings released: EPS: JP¥140 (vs JP¥58.48 in 1Q 2025)First quarter 2026 results: EPS: JP¥140 (up from JP¥58.48 in 1Q 2025). Revenue: JP¥88.3b (up 7.5% from 1Q 2025). Net income: JP¥6.57b (up 123% from 1Q 2025). Profit margin: 7.4% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 23% per year.
お知らせ • Apr 23artience Co., Ltd. to Report Q1, 2026 Results on May 15, 2026artience Co., Ltd. announced that they will report Q1, 2026 results at 4:30 PM, Tokyo Standard Time on May 15, 2026
Declared Dividend • Apr 11Final dividend increased to JP¥60.00Dividend of JP¥60.00 is 20% higher than last year. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 2.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 4.8% 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 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Apr 10High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Megumi Tsukamoto was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Mar 06Price target increased by 11% to JP¥4,400Up from JP¥3,950, the current price target is an average from 2 analysts. New target price is 6.2% above last closing price of JP¥4,145. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥432 for next year compared to JP¥210 last year.
お知らせ • Feb 18Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders.Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd made an offer to acquire Toin Corporation (TSE:7923) from a group of shareholders for ¥6 billion on March 21, 2025. A cash consideration valued at ¥1187 per share will be paid by Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd. The transaction is expected to close on February 16, 2026. Nomura Securities Co., Ltd. acted as financial advisor and Mori Hamada & Matsumoto LPC acted as legal advisor to Corporate Support Research Institute Co, Ltd. Anderson Mori & Tomotsune acted as legal advisor and Daiwa Securities Co. Ltd. acted as financial advisor to Toin Corporation. Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders on February 16, 2026. As per the transaction, Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd acquired 92.13% stake in Toin Corporation and will acquired remaining shares via squeeze-out procedures.
New Risk • Feb 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 5.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin).
Reported Earnings • Feb 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥210 (down from JP¥353 in FY 2024). Revenue: JP¥350.0b (flat on FY 2024). Net income: JP¥10.3b (down 44% from FY 2024). Profit margin: 3.0% (down from 5.3% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 28% per year.
お知らせ • Feb 14+ 2 more updatesartience Co., Ltd. Announces Year End Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 25, 2026artience Co., Ltd. announced the year end dividend of JPY 50.00 per share for the fiscal year ended December 31, 2025, payable on March 25, 2026 against JPY 50.00 per share a year ago.
お知らせ • Feb 13artience Co., Ltd., Annual General Meeting, Mar 24, 2026artience Co., Ltd., Annual General Meeting, Mar 24, 2026.
分析記事 • Feb 04artience Co., Ltd. (TSE:4634) Looks Inexpensive But Perhaps Not Attractive EnoughWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider...
分析記事 • Dec 23artience (TSE:4634) Has Affirmed Its Dividend Of ¥50.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend on the 27th of March, with...
お知らせ • Dec 23artience Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026artience Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
Upcoming Dividend • Dec 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 32% and the cash payout ratio is 81%. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).
分析記事 • Nov 30artience's (TSE:4634) Dividend Will Be ¥50.00artience Co., Ltd. ( TSE:4634 ) will pay a dividend of ¥50.00 on the 27th of March. Based on this payment, the dividend...
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥86.05 (vs JP¥61.77 in 3Q 2024)Third quarter 2025 results: EPS: JP¥86.05 (up from JP¥61.77 in 3Q 2024). Revenue: JP¥89.7b (up 2.0% from 3Q 2024). Net income: JP¥4.19b (up 28% from 3Q 2024). Profit margin: 4.7% (up from 3.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. 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 20% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 05artience (TSE:4634) Will Pay A Dividend Of ¥50.00artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥50.00 per share on the 27th of March...
分析記事 • Oct 15artience (TSE:4634) Has Affirmed Its Dividend Of ¥50.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend on the 27th of March, with...
分析記事 • Sep 26artience's (TSE:4634) Dividend Will Be ¥50.00artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥50.00 per share on the 27th of March. The...
お知らせ • Sep 26artience Co., Ltd. to Report Q3, 2025 Results on Nov 14, 2025artience Co., Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025
Price Target Changed • Sep 25Price target decreased by 8.3% to JP¥3,850Down from JP¥4,200, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥3,185. Stock is down 20% over the past year. The company is forecast to post earnings per share of JP¥300 for next year compared to JP¥353 last year.
分析記事 • Sep 09artience (TSE:4634) Is Paying Out A Dividend Of ¥50.00artience Co., Ltd. ( TSE:4634 ) will pay a dividend of ¥50.00 on the 27th of March. Based on this payment, the dividend...
Declared Dividend • Sep 09First half dividend of JP¥50.00 announcedDividend of JP¥50.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th March 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (82% cash payout ratio). The dividend has increased by an average of 3.6% 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 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: JP¥50.88 (vs JP¥99.20 in 2Q 2024)Second quarter 2025 results: EPS: JP¥50.88 (down from JP¥99.20 in 2Q 2024). Revenue: JP¥86.6b (down 4.3% from 2Q 2024). Net income: JP¥2.53b (down 52% from 2Q 2024). Profit margin: 2.9% (down from 5.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 06Is artience (TSE:4634) Using Too Much Debt?TSE:4634 1 Year Share Price vs Fair Value Explore artience's Fair Values from the Community and select yours Warren...
Upcoming Dividend • Jun 20Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.9%).
Reported Earnings • May 10First quarter 2025 earnings released: EPS: JP¥58.48 (vs JP¥77.23 in 1Q 2024)First quarter 2025 results: EPS: JP¥58.48 (down from JP¥77.23 in 1Q 2024). Revenue: JP¥82.1b (flat on 1Q 2024). Net income: JP¥2.95b (down 28% from 1Q 2024). Profit margin: 3.6% (down from 5.0% in 1Q 2024). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% 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 • Apr 12artience Co., Ltd. to Report First Half, 2025 Results on Aug 08, 2025artience Co., Ltd. announced that they will report first half, 2025 results on Aug 08, 2025
Declared Dividend • Apr 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th June 2025 Payment date: 9th September 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 3.6% 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 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Apr 08Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Yoshinobu Fujimoto was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,583, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 54% over the past three years.
分析記事 • Apr 01artience (TSE:4634) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Feb 21Investors Shouldn't Be Too Comfortable With artience's (TSE:4634) Earningsartience Co., Ltd.'s ( TSE:4634 ) robust earnings report didn't manage to move the market for its stock. Our analysis...
お知らせ • Feb 17artience Co., Ltd. to Report Q1, 2025 Results on May 09, 2025artience Co., Ltd. announced that they will report Q1, 2025 results at 4:50 PM, Tokyo Standard Time on May 09, 2025
Reported Earnings • Feb 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥353 (up from JP¥184 in FY 2023). Revenue: JP¥351.1b (up 9.0% from FY 2023). Net income: JP¥18.5b (up 90% from FY 2023). Profit margin: 5.3% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 6.9%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year.
お知らせ • Feb 14artience Co., Ltd., Annual General Meeting, Mar 26, 2025artience Co., Ltd., Annual General Meeting, Mar 26, 2025.
分析記事 • Dec 26artience's (TSE:4634) Dividend Will Be ¥50.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥50.00 per share on the 27th...
お知らせ • Dec 25artience Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025artience Co., Ltd. announced that they will report fiscal year 2024 results at 4:50 PM, Tokyo Standard Time on Feb 14, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.6%).
Price Target Changed • Dec 18Price target decreased by 7.2% to JP¥4,500Down from JP¥4,850, the current price target is an average from 2 analysts. New target price is 49% above last closing price of JP¥3,020. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥329 for next year compared to JP¥184 last year.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥3,095, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 76% over the past three years.
分析記事 • Nov 12artience (TSE:4634) Has Announced A Dividend Of ¥50.00artience Co., Ltd. ( TSE:4634 ) will pay a dividend of ¥50.00 on the 27th of March. This will take the annual payment...
Price Target Changed • Nov 09Price target increased by 11% to JP¥4,850Up from JP¥4,350, the current price target is an average from 2 analysts. New target price is 29% above last closing price of JP¥3,755. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥341 for next year compared to JP¥184 last year.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: JP¥61.77 (vs JP¥63.70 in 3Q 2023)Third quarter 2024 results: EPS: JP¥61.77 (down from JP¥63.70 in 3Q 2023). Revenue: JP¥87.9b (up 4.0% from 3Q 2023). Net income: JP¥3.27b (down 3.3% from 3Q 2023). Profit margin: 3.7% (down from 4.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals 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 increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Nov 08With artience Co., Ltd. (TSE:4634) It Looks Like You'll Get What You Pay ForWith a median price-to-earnings (or "P/E") ratio of close to 13x in Japan, you could be forgiven for feeling...
分析記事 • Oct 16We Think artience (TSE:4634) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Sep 18The Returns At artience (TSE:4634) Aren't GrowingDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Major Estimate Revision • Sep 04Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥342.7b to JP¥348.4b. EPS estimate increased from JP¥258 to JP¥285 per share. Net income forecast to grow 3.6% next year vs 11% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥4,350 to JP¥4,600. Share price rose 6.8% to JP¥3,775 over the past week.
分析記事 • Aug 26artience (TSE:4634) Is Due To Pay A Dividend Of ¥50.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend on the 27th of March, with...
お知らせ • Aug 19artience Co., Ltd. to Report Q3, 2024 Results on Nov 08, 2024artience Co., Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥99.20 (vs JP¥63.29 in 2Q 2023)Second quarter 2024 results: EPS: JP¥99.20 (up from JP¥63.29 in 2Q 2023). Revenue: JP¥90.5b (up 15% from 2Q 2023). Net income: JP¥5.26b (up 57% from 2Q 2023). Profit margin: 5.8% (up from 4.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Aug 12artience's (TSE:4634) Dividend Will Be ¥50.00artience Co., Ltd.'s ( TSE:4634 ) investors are due to receive a payment of ¥50.00 per share on 27th of March. This...
Declared Dividend • Aug 12Dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but not covered by cash flows (137% cash payout ratio). The dividend has increased by an average of 4.1% 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 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 09+ 1 more updateartience Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending December 31, 2024artience Co., Ltd. revised earnings guidance for the fiscal year ending December 31, 2024. For the period, the company expects Net sales to be JPY 355,000 million. Operating profit JPY 20,000 million. Profit attributable to owners of parent JPY 16,500million. Profit per share JPY 311.12 million. During the interim period of the consolidated fiscal year under review, the global economy as a whole continued its moderate recovery, despite setbacks in the recovery of personal consumption. The moderate recovery is expected to continue as employment and income improve, but there is still uncertainty about the future due to interest rates continuing to be high in Europe and the United States and the risk of concerns about the Chinese economy putting downward pressure on the global economy. Looking at the business environment surrounding the Group, the demand for lithium-ion battery materials for automobiles decreased due to the stagnant electric vehicle market. However, the Group is taking steps to increase production and shipments. Overall, sales are growing due to strong global demand and the expansion of facilities in overseas growth regions. The Company anticipates that net sales will surpass its initial projection. The Group improved its business structure, which led to cost reductions and a revision of selling prices. This resulted in increased profits. Additionally, the Company will also record a gain on sale of investment securities (an extraordinary income of JPY 3,400 million from the sale of five securities held by the Company will be posted for the period from July to December 2024). Taking these factors into account, the Company expects profits to exceed the initial plan.
分析記事 • Aug 05Market Cool On artience Co., Ltd.'s (TSE:4634) Earnings Pushing Shares 26% Lowerartience Co., Ltd. ( TSE:4634 ) shareholders won't be pleased to see that the share price has had a very rough month...
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 Dividend is not well covered by cash flows (137% cash payout ratio). 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 25%After last week's 25% share price decline to JP¥2,443, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,960 per share.
分析記事 • Jun 26artience (TSE:4634) Is Paying Out A Dividend Of ¥45.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥45.00 per share on the 2nd...
お知らせ • Jun 26artience Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024artience Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Upcoming Dividend • Jun 20Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 02 September 2024. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).
Major Estimate Revision • Jun 06Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥217 to JP¥241. Revenue forecast steady at JP¥342.7b. Net income forecast to grow 0.5% next year vs 11% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥4,050 to JP¥4,350. Share price was steady at JP¥3,345 over the past week.
分析記事 • Jun 03Is artience (TSE:4634) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Price Target Changed • May 24Price target increased by 13% to JP¥4,050Up from JP¥3,600, the current price target is an average from 2 analysts. New target price is 18% above last closing price of JP¥3,430. Stock is up 58% over the past year. The company is forecast to post earnings per share of JP¥217 for next year compared to JP¥184 last year.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: JP¥77.23 (vs JP¥9.19 in 1Q 2023)First quarter 2024 results: EPS: JP¥77.23 (up from JP¥9.19 in 1Q 2023). Revenue: JP¥81.7b (up 9.2% from 1Q 2023). Net income: JP¥4.10b (up JP¥3.61b from 1Q 2023). Profit margin: 5.0% (up from 0.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. 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 14% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Apr 11artience (TSE:4634) Has Affirmed Its Dividend Of ¥45.00The board of artience Co., Ltd. ( TSE:4634 ) has announced that it will pay a dividend of ¥45.00 per share on the 2nd...
Declared Dividend • Apr 11Final dividend of JP¥45.00 announcedDividend of JP¥45.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 2nd September 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not covered by cash flows (137% cash payout ratio). The dividend has increased by an average of 4.1% 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.
Reported Earnings • Mar 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥184 (up from JP¥171 in FY 2022). Revenue: JP¥322.1b (up 2.0% from FY 2022). Net income: JP¥9.74b (up 4.6% from FY 2022). Profit margin: 3.0% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Mar 13Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥181 to JP¥201. Revenue forecast steady at JP¥338.3b. Net income forecast to grow 8.9% next year vs 21% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥3,450 to JP¥3,600. Share price rose 2.6% to JP¥2,835 over the past week.
Price Target Changed • Mar 12Price target increased by 11% to JP¥3,600Up from JP¥3,250, the current price target is an average from 2 analysts. New target price is 27% above last closing price of JP¥2,830. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥201 for next year compared to JP¥184 last year.
分析記事 • Mar 01We Think artience (TSE:4634) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Price Target Changed • Feb 27Price target increased by 7.8% to JP¥3,450Up from JP¥3,200, the current price target is an average from 2 analysts. New target price is 18% above last closing price of JP¥2,913. Stock is up 51% over the past year. The company is forecast to post earnings per share of JP¥181 for next year compared to JP¥184 last year.
お知らせ • Feb 19artience Co., Ltd. to Report Q1, 2024 Results on May 10, 2024artience Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥184 (up from JP¥171 in FY 2022). Revenue: JP¥322.1b (up 2.0% from FY 2022). Net income: JP¥9.74b (up 4.6% from FY 2022). Profit margin: 3.0% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14artience Co., Ltd., Annual General Meeting, Mar 26, 2024artience Co., Ltd., Annual General Meeting, Mar 26, 2024. Agenda: To consider dividend.
お知らせ • Dec 24Toyo Ink SC Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Toyo Ink SC Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥45.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 25 March 2024. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.4%).
Reported Earnings • Nov 12Third quarter 2023 earnings released: EPS: JP¥63.70 (vs JP¥6.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥63.70 (up from JP¥6.55 in 3Q 2022). Revenue: JP¥84.6b (up 5.4% from 3Q 2022). Net income: JP¥3.38b (up JP¥3.03b from 3Q 2022). Profit margin: 4.0% (up from 0.4% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 11+ 1 more updateToyo Ink Sc Holdings Co., Ltd. Provides Dividend Guidance for Full Year Ending December 31, 2023Toyo Ink SC Holdings Co., Ltd. provided dividend guidance for full year ending December 31, 2023. For the year the company expects to pay the dividend of JPY 45 per share.
お知らせ • Sep 24Toyo Ink SC Holdings Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023Toyo Ink SC Holdings Co., Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023
New Risk • Aug 09New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 101% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Paying a dividend despite having no free cash flows. Earnings have declined by 4.6% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.5% net profit margin).
Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: JP¥63.29 (vs JP¥95.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥63.29 (down from JP¥95.26 in 2Q 2022). Revenue: JP¥78.9b (down 2.1% from 2Q 2022). Net income: JP¥3.36b (down 36% from 2Q 2022). Profit margin: 4.3% (down from 6.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
お知らせ • Jun 22Toyo Ink SC Holdings Co., Ltd. to Report Q2, 2023 Results on Aug 07, 2023Toyo Ink SC Holdings Co., Ltd. announced that they will report Q2, 2023 results on Aug 07, 2023
Upcoming Dividend • Jun 22Upcoming dividend of JP¥45.00 per share at 4.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.5%).
Reported Earnings • May 17First quarter 2023 earnings released: EPS: JP¥9.19 (vs JP¥56.60 in 1Q 2022)First quarter 2023 results: EPS: JP¥9.19 (down from JP¥56.60 in 1Q 2022). Revenue: JP¥74.8b (flat on 1Q 2022). Net income: JP¥487.0m (down 85% from 1Q 2022). Profit margin: 0.7% (down from 4.3% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13+ 1 more updateToyo Ink SC Holdings Co., Ltd. Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending December 31, 2023Toyo Ink SC Holdings Co., Ltd. provided dividend guidance for the second quarter and fiscal year ending December 31, 2023. For the second quarter end, the company expects to pay dividend of JPY 45.00 per share against JPY 45.00 per share paid a year ago.For the year, the company expects to pay dividend of JPY 45.00 per share against JPY 45.00 per share paid a year ago.
Reported Earnings • Mar 28Full year 2022 earnings releasedFull year 2022 results: Revenue: JP¥315.9b (up 9.7% from FY 2021). Net income: JP¥9.31b (down 1.9% from FY 2021). Profit margin: 2.9% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 17Full year 2022 earnings released: EPS: JP¥171 (vs JP¥169 in FY 2021)Full year 2022 results: EPS: JP¥171. Revenue: JP¥315.9b (up 9.7% from FY 2021). Net income: JP¥9.31b (down 1.9% from FY 2021). Profit margin: 2.9% (down from 3.3% in FY 2021).
お知らせ • Feb 15+ 1 more updateToyo Ink SC Holdings Co., Ltd. Announces Dividend for the Year Ended December 31, 2022, Payable on March 24, 2022 and Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Ending December 31, 2023Toyo Ink SC Holdings Co., Ltd. announced the dividend of JPY 45.00 per share for the fiscal year ended December 31, 2022 against JPY 45.00 per share a year ago. Scheduled date of commencement of dividend payments: March 24, 2023.For the second quarter of fiscal year ending December 31, 2023, the company expects to pay the dividend of JPY 45.00 per share against JPY 45.00 per share for the same period a year ago.For full year ending December 31, 2023, the company expects to pay the dividend of JPY 45.00 per share against JPY 45.00 per share a year ago.
お知らせ • Feb 14Toyo Ink SC Holdings Co., Ltd., Annual General Meeting, Mar 23, 2023Toyo Ink SC Holdings Co., Ltd., Annual General Meeting, Mar 23, 2023.
お知らせ • Dec 24Toyo Ink SC Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023Toyo Ink SC Holdings Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 24 March 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.0%).
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥6.55 (vs JP¥11.93 in 3Q 2021)Third quarter 2022 results: EPS: JP¥6.55 (down from JP¥11.93 in 3Q 2021). Revenue: JP¥80.2b (up 12% from 3Q 2021). Net income: JP¥348.0m (down 48% from 3Q 2021). Profit margin: 0.4% (down from 0.9% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director J.J. Ikegami was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.