View Future GrowthMEC 過去の業績過去 基準チェック /56MECは、平均年間9.7%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% 8.6%収益成長率で 成長しています。 MECの自己資本利益率は19.2%であり、純利益率は26.8%です。主要情報9.72%収益成長率10.47%EPS成長率Chemicals 業界の成長6.58%収益成長率8.56%株主資本利益率19.22%ネット・マージン26.84%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥83.68 (vs JP¥25.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥83.68 (up from JP¥25.44 in 1Q 2025). Revenue: JP¥6.13b (up 39% from 1Q 2025). Net income: JP¥1.53b (up 221% from 1Q 2025). Profit margin: 25% (up from 11% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 07MEC Company Ltd. to Report Q1, 2026 Results on May 12, 2026MEC Company Ltd. announced that they will report Q1, 2026 results on May 12, 2026Reported Earnings • Mar 28Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥272 (up from JP¥122 in FY 2024). Revenue: JP¥20.9b (up 15% from FY 2024). Net income: JP¥5.03b (up 120% from FY 2024). Profit margin: 24% (up from 13% in FY 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 9.4% 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 11% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 16Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥272 (up from JP¥122 in FY 2024). Revenue: JP¥20.9b (up 15% from FY 2024). Net income: JP¥5.03b (up 120% from FY 2024). Profit margin: 24% (up from 13% in FY 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 8.7% 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 11% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 04MEC Company Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026MEC Company Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: JP¥78.45 (vs JP¥39.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥78.45 (up from JP¥39.36 in 3Q 2024). Revenue: JP¥5.60b (up 17% from 3Q 2024). Net income: JP¥1.44b (up 95% from 3Q 2024). Profit margin: 26% (up from 15% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% 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 fallen by 2% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥83.68 (vs JP¥25.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥83.68 (up from JP¥25.44 in 1Q 2025). Revenue: JP¥6.13b (up 39% from 1Q 2025). Net income: JP¥1.53b (up 221% from 1Q 2025). Profit margin: 25% (up from 11% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.ライブニュース • May 13MEC Lifts Outlook and Dividend on AI and Data Center Demand BoostMEC Company reported strong Q1 FY2026 results, with double-digit growth in both sales and profit supported by broad-based volume gains across core chemical products. Semiconductor package substrate products tied to generative AI and data center demand were a key driver of performance, alongside favorable currency effects. Management raised its full-year outlook and increased both interim and year-end dividend forecasts, citing confidence in sustained double-digit sales and earnings growth and solid cash generation. The key takeaway is that MEC is leaning into demand linked to AI and data centers while also rewarding shareholders through higher expected dividends. Investors may want to watch how macro factors such as oil prices and U.S. trade policy affect input costs and global demand, given management’s reference to ongoing geopolitical and economic uncertainties.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥10,360, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 315% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,323 per share.Buy Or Sell Opportunity • May 05Now 20% undervaluedOver the last 90 days, the stock has risen 55% to JP¥8,920. The fair value is estimated to be JP¥11,181, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period.分析記事 • Apr 15Here's Why We Think MEC (TSE:4971) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Declared Dividend • Apr 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th June 2026 Payment date: 2nd September 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (145% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥7,750, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 237% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,024 per share.New Risk • Apr 08New 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 9.4% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (22% accrual ratio).お知らせ • Apr 07MEC Company Ltd. to Report Q1, 2026 Results on May 12, 2026MEC Company Ltd. announced that they will report Q1, 2026 results on May 12, 2026Reported Earnings • Mar 28Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥272 (up from JP¥122 in FY 2024). Revenue: JP¥20.9b (up 15% from FY 2024). Net income: JP¥5.03b (up 120% from FY 2024). Profit margin: 24% (up from 13% in FY 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 9.4% 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 11% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 16Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥272 (up from JP¥122 in FY 2024). Revenue: JP¥20.9b (up 15% from FY 2024). Net income: JP¥5.03b (up 120% from FY 2024). Profit margin: 24% (up from 13% in FY 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 8.7% 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 11% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14+ 2 more updatesMEC Company Ltd. Announces Year-End Cash Dividend for the Fiscal Year 2025, Payable from March 4, 2026; Provides Dividend Guidance for the Second Quarter End of Fiscal Year 2026MEC Company Ltd. announced year-end cash dividend for the fiscal year 2025. For the period, the company announced dividend of JPY 71.00 per share against JPY 25 per share paid last year. Scheduled date to commence dividend payments: March 4, 2026. The company provided dividend guidance for the second quarter end of fiscal year 2026. For the period, the company expects dividend of JPY 40.00 per share against JPY 25.00 paid last year.お知らせ • Feb 13MEC Company Ltd., Annual General Meeting, Mar 24, 2026MEC Company Ltd., Annual General Meeting, Mar 24, 2026.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥6,760, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 199% over the past three years.分析記事 • Feb 10Why Investors Shouldn't Be Surprised By MEC Company Ltd.'s (TSE:4971) 28% Share Price SurgeMEC Company Ltd. ( TSE:4971 ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...分析記事 • Jan 22We Like These Underlying Return On Capital Trends At MEC (TSE:4971)What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Upcoming Dividend • Dec 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 04 March 2026. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.5%).分析記事 • Dec 04MEC (TSE:4971) Is Paying Out A Larger Dividend Than Last YearThe board of MEC Company Ltd. ( TSE:4971 ) has announced that it will be paying its dividend of ¥60.00 on the 4th of...お知らせ • Dec 04MEC Company Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026MEC Company Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026Major Estimate Revision • Nov 28Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥19.8b to JP¥20.3b. EPS estimate increased from JP¥209 to JP¥236 per share. Net income forecast to grow 45% next year vs 9.1% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥4,867 unchanged from last update. Share price rose 7.6% to JP¥5,120 over the past week.分析記事 • Nov 18MEC's (TSE:4971) Dividend Will Be Increased To ¥60.00MEC Company Ltd. ( TSE:4971 ) will increase its dividend from last year's comparable payment on the 4th of March to...New Risk • Nov 18New 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 8.1% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Dividend is not well covered by cash flows (185% cash payout ratio).Buy Or Sell Opportunity • Nov 17Now 20% undervaluedOver the last 90 days, the stock has risen 65% to JP¥4,990. The fair value is estimated to be JP¥6,240, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: JP¥78.45 (vs JP¥39.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥78.45 (up from JP¥39.36 in 3Q 2024). Revenue: JP¥5.60b (up 17% from 3Q 2024). Net income: JP¥1.44b (up 95% from 3Q 2024). Profit margin: 26% (up from 15% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% 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 fallen by 2% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.分析記事 • Nov 12MEC Company Ltd.'s (TSE:4971) P/E Is Still On The Mark Following 26% Share Price BounceMEC Company Ltd. ( TSE:4971 ) shares have continued their recent momentum with a 26% gain in the last month alone. The...Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥5,310, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 122% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,232 per share.Price Target Changed • Oct 02Price target increased by 17% to JP¥4,867Up from JP¥4,167, the current price target is an average from 3 analysts. New target price is 19% above last closing price of JP¥4,095. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥209 for next year compared to JP¥122 last year.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥4,045, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 95% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,064 per share.分析記事 • Sep 22MEC Company Ltd. (TSE:4971) Stocks Shoot Up 29% But Its P/E Still Looks ReasonableMEC Company Ltd. ( TSE:4971 ) shares have continued their recent momentum with a 29% gain in the last month alone...分析記事 • Sep 22MEC Company Ltd. (TSE:4971) Looks Just Right With A 29% Price JumpMEC Company Ltd. ( TSE:4971 ) shares have continued their recent momentum with a 29% gain in the last month alone...New Risk • Sep 22New 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 5.0% 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 Share price has been volatile over the past 3 months (5.0% average weekly change). Profit margins are more than 30% lower than last year (12% net profit margin).お知らせ • Sep 04MEC Company Ltd. to Report Q3, 2025 Results on Nov 11, 2025MEC Company Ltd. announced that they will report Q3, 2025 results on Nov 11, 2025分析記事 • Sep 03MEC's (TSE:4971) Upcoming Dividend Will Be Larger Than Last Year'sMEC Company Ltd. ( TSE:4971 ) will increase its dividend from last year's comparable payment on the 4th of March to...Declared Dividend • Sep 03First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 29th December 2025 Payment date: 4th March 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Aug 15We Think That There Are More Issues For MEC (TSE:4971) Than Just Sluggish EarningsTSE:4971 1 Year Share Price vs Fair Value Explore MEC's Fair Values from the Community and select yours MEC Company...Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: JP¥76.16 (vs JP¥59.33 in 2Q 2024)Second quarter 2025 results: EPS: JP¥76.16 (up from JP¥59.33 in 2Q 2024). Revenue: JP¥4.96b (up 9.6% from 2Q 2024). Net income: JP¥1.42b (up 28% from 2Q 2024). Profit margin: 28% (up from 25% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% 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 fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 03 September 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.9%).お知らせ • Jun 03MEC Company Ltd. to Report Q2, 2025 Results on Aug 08, 2025MEC Company Ltd. announced that they will report Q2, 2025 results on Aug 08, 2025Reported Earnings • May 13First quarter 2025 earnings released: EPS: JP¥25.42 (vs JP¥41.60 in 1Q 2024)First quarter 2025 results: EPS: JP¥25.42 (down from JP¥41.60 in 1Q 2024). Revenue: JP¥4.42b (up 1.6% from 1Q 2024). Net income: JP¥476.0m (down 39% from 1Q 2024). Profit margin: 11% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.お知らせ • May 12MEC Company Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending December 31, 2025Mec Company Ltd. provided Consolidated Earnings Guidance for the First Half and Full Year of fiscal year Ending December 31, 2025. For the first half, the company expects net sales of JPY 9,600 million, Operating income of JPY 2,250 million, Net income attributable to parent company's shareholders JPY 1,450 million and net income per share of JPY 77.44 million. For the Full year, the company expects net sales of JPY 20,000 million, Operating income of JPY 5,000 million, Net income attributable to parent company's shareholders JPY 3,600 million and net income per share of JPY 192.26 million.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,375, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 3.9% over the past three years.Board Change • Apr 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Eiji Miyashita was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 23MEC Company Ltd. Resolves Transfer of its Operating Officer Katsuaki Kitauji (Currently Operating Officer, General Manager, Accounting & Finance Unit.) Effective May 1, 2025MEC COMPANY LTD. notified that at a meeting of the Board of Directors held April 22, 2025, it has resolved to make the following transfers regarding its Operating Officers. Katsuaki KITAUJI (currently Operating Officer, General Manager, Accounting & Finance Unit.) effective May 1, 2025.Declared Dividend • Apr 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th June 2025 Payment date: 3rd September 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Apr 07MEC Company Ltd.'s (TSE:4971) Stock Retreats 29% But Earnings Haven't Escaped The Attention Of InvestorsUnfortunately for some shareholders, the MEC Company Ltd. ( TSE:4971 ) share price has dived 29% in the last thirty...Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,048, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Chemicals industry in Japan. Total loss to shareholders of 27% over the past three years.Reported Earnings • Mar 28Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥122. Revenue: JP¥18.2b (up 30% from FY 2023). Net income: JP¥2.29b (flat on FY 2023). Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan.お知らせ • Mar 07MEC Company Ltd. to Report Q1, 2025 Results on May 12, 2025MEC Company Ltd. announced that they will report Q1, 2025 results on May 12, 2025分析記事 • Feb 21MEC Company Ltd. (TSE:4971) Shares Slammed 25% But Getting In Cheap Might Be Difficult RegardlessMEC Company Ltd. ( TSE:4971 ) shareholders that were waiting for something to happen have been dealt a blow with a 25...お知らせ • Feb 21MEC Company Ltd. Declares Dividend for Fiscal Year Ended December 31, 2024, Payable on March 4, 2025MEC Company Ltd. declared dividend of JPY 25.00 per share for fiscal year ended December 31, 2024, payable on March 4, 2025.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥2,615, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Chemicals industry in Japan. Total loss to shareholders of 10% over the past three years.Reported Earnings • Feb 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥122. Revenue: JP¥18.2b (up 30% from FY 2023). Net income: JP¥2.29b (flat on FY 2023). Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan.お知らせ • Feb 14+ 1 more updateMEC Company Ltd., Annual General Meeting, Mar 24, 2025MEC Company Ltd., Annual General Meeting, Mar 24, 2025.お知らせ • Jan 03MEC Company Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025MEC Company Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 February 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.6%).分析記事 • Dec 16MEC (TSE:4971) Has Announced A Dividend Of ¥25.00The board of MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend of ¥25.00 per share on the 28th of...Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: JP¥39.36 (vs JP¥33.66 in 3Q 2023)Third quarter 2024 results: EPS: JP¥39.36 (up from JP¥33.66 in 3Q 2023). Revenue: JP¥4.80b (up 27% from 3Q 2023). Net income: JP¥737.0m (up 17% from 3Q 2023). Profit margin: 15% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.分析記事 • Sep 21MEC (TSE:4971) Is Due To Pay A Dividend Of ¥25.00MEC Company Ltd.'s ( TSE:4971 ) investors are due to receive a payment of ¥25.00 per share on 28th of February...お知らせ • Aug 27MEC Company Ltd. to Report Q3, 2024 Results on Nov 11, 2024MEC Company Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024分析記事 • Aug 25MEC (TSE:4971) Is Paying Out A Dividend Of ¥25.00The board of MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend of ¥25.00 per share on the 28th of...Price Target Changed • Aug 21Price target increased by 13% to JP¥4,400Up from JP¥3,900, the current price target is an average from 3 analysts. New target price is 10% above last closing price of JP¥4,000. Stock is up 7.2% over the past year. The company is forecast to post earnings per share of JP¥198 for next year compared to JP¥122 last year.Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: JP¥50.48 (vs JP¥52.61 in 2Q 2023)Second quarter 2024 results: EPS: JP¥50.48 (down from JP¥52.61 in 2Q 2023). Revenue: JP¥4.44b (up 29% from 2Q 2023). Net income: JP¥945.3m (down 4.9% from 2Q 2023). Profit margin: 21% (down from 29% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.分析記事 • Aug 11MEC (TSE:4971) Will Pay A Dividend Of ¥25.00MEC Company Ltd. ( TSE:4971 ) will pay a dividend of ¥25.00 on the 28th of February. This means the annual payment will...Major Estimate Revision • Aug 10Consensus EPS estimates increase by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥17.3b to JP¥18.5b. EPS estimate increased from JP¥157 to JP¥192 per share. Net income forecast to grow 20% next year vs 8.6% growth forecast for Chemicals industry in Japan. Consensus price target down from JP¥4,033 to JP¥3,900. Share price rose 6.6% to JP¥3,690 over the past week.Declared Dividend • Aug 10Dividend of JP¥25.00 announcedDividend of JP¥25.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 28th February 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (dividend approximately 14x free cash flows). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Aug 05MEC Company Ltd. (TSE:4971) Shares May Have Slumped 32% But Getting In Cheap Is Still UnlikelyMEC Company Ltd. ( TSE:4971 ) shares have had a horrible month, losing 32% after a relatively good period beforehand...New Risk • Aug 05New 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 8.1% 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 • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥3,005, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Chemicals industry in Japan. Total loss to shareholders of 8.5% over the past three years.Buy Or Sell Opportunity • Jul 18Now 22% undervaluedOver the last 90 days, the stock has risen 12% to JP¥4,165. The fair value is estimated to be JP¥5,332, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.分析記事 • Jun 21MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00The board of MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend of ¥20.00 per share on the 5th of...Upcoming Dividend • Jun 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 05 September 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.3%).分析記事 • Jun 07MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend of ¥20.00 per share on the 5th of September...お知らせ • Jun 06MEC Company Ltd. to Report Q2, 2024 Results on Aug 08, 2024MEC Company Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥4,640, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,702 per share.New Risk • May 13New 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.Reported Earnings • May 12First quarter 2024 earnings released: EPS: JP¥41.60 (vs JP¥4.31 in 1Q 2023)First quarter 2024 results: EPS: JP¥41.60 (up from JP¥4.31 in 1Q 2023). Revenue: JP¥4.35b (up 57% from 1Q 2023). Net income: JP¥779.0m (up JP¥697.0m from 1Q 2023). Profit margin: 18% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% 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 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.Price Target Changed • May 02Price target decreased by 7.8% to JP¥3,933Down from JP¥4,267, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥3,930. Stock is up 51% over the past year. The company is forecast to post earnings per share of JP¥131 for next year compared to JP¥122 last year.分析記事 • Apr 11MEC (TSE:4971) Has Announced A Dividend Of ¥20.00The board of MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend on the 5th of September, with...Declared Dividend • Apr 11Final dividend of JP¥20.00 announcedDividend of JP¥20.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 5th September 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (dividend approximately 14x free cash flows). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Apr 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥3,745. The fair value is estimated to be JP¥4,716, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 5.5%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.お知らせ • Mar 28MEC Company Ltd. to Report Q1, 2024 Results on May 10, 2024MEC Company Ltd. announced that they will report Q1, 2024 results on May 10, 2024Reported Earnings • Mar 27Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥122 (down from JP¥161 in FY 2022). Revenue: JP¥14.0b (down 14% from FY 2022). Net income: JP¥2.30b (down 25% from FY 2022). Profit margin: 16% (down from 19% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 14% 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 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.Reported Earnings • Feb 17Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥122 (down from JP¥161 in FY 2022). Revenue: JP¥14.0b (down 14% from FY 2022). Net income: JP¥2.30b (down 25% from FY 2022). Profit margin: 16% (down from 19% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 14% p.a. on average during the next 2 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 5% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14+ 1 more updateMEC Company Ltd., Annual General Meeting, Mar 19, 2024MEC Company Ltd., Annual General Meeting, Mar 19, 2024.Upcoming Dividend • Dec 21Upcoming dividend of JP¥25.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 04 March 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.4%).お知らせ • Dec 06MEC Company Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024MEC Company Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024Price Target Changed • Nov 20Price target increased by 8.9% to JP¥4,300Up from JP¥3,950, the current price target is an average from 3 analysts. New target price is 6.2% above last closing price of JP¥4,050. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥107 for next year compared to JP¥161 last year.Reported Earnings • Nov 11Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: JP¥33.66 (down from JP¥37.93 in 3Q 2022). Revenue: JP¥3.78b (down 11% from 3Q 2022). Net income: JP¥631.0m (down 13% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 46%. Revenue is forecast to grow 14% 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 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Oct 23Now 20% undervaluedOver the last 90 days, the stock is up 1.6%. The fair value is estimated to be JP¥4,362, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 30% in the next 2 years.お知らせ • Sep 10MEC Company Ltd. to Report Q3, 2023 Results on Nov 10, 2023MEC Company Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023Major Estimate Revision • Aug 29Consensus EPS estimates increase by 11%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥14.2b to JP¥14.0b. EPS estimate rose from JP¥77.35 to JP¥85.63. Net income forecast to shrink 11% next year vs 7.6% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥3,767 unchanged from last update. Share price was steady at JP¥3,725 over the past week.Reported Earnings • Aug 10Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥52.61 (up from JP¥45.66 in 2Q 2022). Revenue: JP¥3.43b (down 18% from 2Q 2022). Net income: JP¥994.0m (up 14% from 2Q 2022). Profit margin: 29% (up from 21% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 107%. Revenue is forecast to grow 11% 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 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jul 27Price target increased by 7.3% to JP¥3,575Up from JP¥3,333, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥3,485. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥77.21 for next year compared to JP¥161 last year.収支内訳MEC 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:4971 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 2622,6516,0806,0951,37931 Dec 2520,9475,0285,8501,37930 Sep 2519,5402,9935,5601,33330 Jun 2518,7392,2945,5491,33331 Mar 2518,3031,9885,3651,33331 Dec 2418,2342,2915,2061,33330 Sep 2417,7213,2255,1381,21930 Jun 2416,7043,1184,8181,21931 Mar 2415,6093,0014,6871,21931 Dec 2314,0202,3044,6051,21930 Sep 2313,9462,3894,3881,33030 Jun 2314,4002,4794,4421,33031 Mar 2315,1392,3534,5061,33031 Dec 2216,3293,0644,4691,33030 Sep 2216,2453,0474,4681,32330 Jun 2216,1413,1444,3591,32331 Mar 2215,4883,0004,1911,32331 Dec 2115,0382,9494,0601,32330 Sep 2114,3852,6833,9421,35930 Jun 2113,2792,2673,7991,35931 Mar 2112,6522,0203,6741,35931 Dec 2011,9561,5953,6661,35930 Sep 2011,4891,4263,7461,20030 Jun 2011,5901,5733,7631,20031 Mar 2011,3461,3953,8411,20031 Dec 1910,8651,2363,7811,20030 Sep 1911,0001,3553,7601,24030 Jun 1910,8051,3463,7471,24031 Mar 1910,9961,5713,7881,24031 Dec 1811,3281,7783,7791,24031 Dec 1712,0351,7393,4181,68830 Sep 179,9781,8573,45090230 Jun 179,4541,7153,33990231 Mar 179,2591,6423,25590231 Dec 169,1901,7873,11879830 Sep 169,1441,6243,02079830 Jun 169,1931,4993,03079831 Mar 169,0781,5143,05279831 Dec 158,9851,4523,00787730 Sep 159,0111,3363,01287730 Jun 159,0871,3942,982877質の高い収益: 4971は 高品質の収益 を持っています。利益率の向上: 4971の現在の純利益率 (26.8%)は、昨年(10.9%)よりも高くなっています。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: 4971の収益は過去 5 年間で年間9.7%増加しました。成長の加速: 4971の過去 1 年間の収益成長率 ( 205.8% ) は、5 年間の平均 ( 年間9.7%を上回っています。収益対業界: 4971の過去 1 年間の収益成長率 ( 205.8% ) はChemicals業界10%を上回りました。株主資本利益率高いROE: 4971の 自己資本利益率 ( 19.2% ) 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2026/05/20 02:53終値2026/05/20 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MEC Company 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Koichi HariyaIchiyoshi Research Institute Inc.Yoshihito HasegawaMorgan Stanleynull nullStorm Research Limited2 その他のアナリストを表示
Reported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥83.68 (vs JP¥25.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥83.68 (up from JP¥25.44 in 1Q 2025). Revenue: JP¥6.13b (up 39% from 1Q 2025). Net income: JP¥1.53b (up 221% from 1Q 2025). Profit margin: 25% (up from 11% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 07MEC Company Ltd. to Report Q1, 2026 Results on May 12, 2026MEC Company Ltd. announced that they will report Q1, 2026 results on May 12, 2026
Reported Earnings • Mar 28Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥272 (up from JP¥122 in FY 2024). Revenue: JP¥20.9b (up 15% from FY 2024). Net income: JP¥5.03b (up 120% from FY 2024). Profit margin: 24% (up from 13% in FY 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 9.4% 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 11% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 16Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥272 (up from JP¥122 in FY 2024). Revenue: JP¥20.9b (up 15% from FY 2024). Net income: JP¥5.03b (up 120% from FY 2024). Profit margin: 24% (up from 13% in FY 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 8.7% 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 11% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 04MEC Company Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026MEC Company Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: JP¥78.45 (vs JP¥39.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥78.45 (up from JP¥39.36 in 3Q 2024). Revenue: JP¥5.60b (up 17% from 3Q 2024). Net income: JP¥1.44b (up 95% from 3Q 2024). Profit margin: 26% (up from 15% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% 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 fallen by 2% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥83.68 (vs JP¥25.44 in 1Q 2025)First quarter 2026 results: EPS: JP¥83.68 (up from JP¥25.44 in 1Q 2025). Revenue: JP¥6.13b (up 39% from 1Q 2025). Net income: JP¥1.53b (up 221% from 1Q 2025). Profit margin: 25% (up from 11% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
ライブニュース • May 13MEC Lifts Outlook and Dividend on AI and Data Center Demand BoostMEC Company reported strong Q1 FY2026 results, with double-digit growth in both sales and profit supported by broad-based volume gains across core chemical products. Semiconductor package substrate products tied to generative AI and data center demand were a key driver of performance, alongside favorable currency effects. Management raised its full-year outlook and increased both interim and year-end dividend forecasts, citing confidence in sustained double-digit sales and earnings growth and solid cash generation. The key takeaway is that MEC is leaning into demand linked to AI and data centers while also rewarding shareholders through higher expected dividends. Investors may want to watch how macro factors such as oil prices and U.S. trade policy affect input costs and global demand, given management’s reference to ongoing geopolitical and economic uncertainties.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥10,360, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 315% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,323 per share.
Buy Or Sell Opportunity • May 05Now 20% undervaluedOver the last 90 days, the stock has risen 55% to JP¥8,920. The fair value is estimated to be JP¥11,181, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period.
分析記事 • Apr 15Here's Why We Think MEC (TSE:4971) Is Well Worth WatchingInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Declared Dividend • Apr 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th June 2026 Payment date: 2nd September 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (145% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥7,750, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 237% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,024 per share.
New Risk • Apr 08New 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 9.4% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (22% accrual ratio).
お知らせ • Apr 07MEC Company Ltd. to Report Q1, 2026 Results on May 12, 2026MEC Company Ltd. announced that they will report Q1, 2026 results on May 12, 2026
Reported Earnings • Mar 28Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥272 (up from JP¥122 in FY 2024). Revenue: JP¥20.9b (up 15% from FY 2024). Net income: JP¥5.03b (up 120% from FY 2024). Profit margin: 24% (up from 13% in FY 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 9.4% 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 11% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 16Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥272 (up from JP¥122 in FY 2024). Revenue: JP¥20.9b (up 15% from FY 2024). Net income: JP¥5.03b (up 120% from FY 2024). Profit margin: 24% (up from 13% in FY 2024). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 8.7% 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 11% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14+ 2 more updatesMEC Company Ltd. Announces Year-End Cash Dividend for the Fiscal Year 2025, Payable from March 4, 2026; Provides Dividend Guidance for the Second Quarter End of Fiscal Year 2026MEC Company Ltd. announced year-end cash dividend for the fiscal year 2025. For the period, the company announced dividend of JPY 71.00 per share against JPY 25 per share paid last year. Scheduled date to commence dividend payments: March 4, 2026. The company provided dividend guidance for the second quarter end of fiscal year 2026. For the period, the company expects dividend of JPY 40.00 per share against JPY 25.00 paid last year.
お知らせ • Feb 13MEC Company Ltd., Annual General Meeting, Mar 24, 2026MEC Company Ltd., Annual General Meeting, Mar 24, 2026.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥6,760, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 199% over the past three years.
分析記事 • Feb 10Why Investors Shouldn't Be Surprised By MEC Company Ltd.'s (TSE:4971) 28% Share Price SurgeMEC Company Ltd. ( TSE:4971 ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...
分析記事 • Jan 22We Like These Underlying Return On Capital Trends At MEC (TSE:4971)What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 04 March 2026. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.5%).
分析記事 • Dec 04MEC (TSE:4971) Is Paying Out A Larger Dividend Than Last YearThe board of MEC Company Ltd. ( TSE:4971 ) has announced that it will be paying its dividend of ¥60.00 on the 4th of...
お知らせ • Dec 04MEC Company Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026MEC Company Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
Major Estimate Revision • Nov 28Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥19.8b to JP¥20.3b. EPS estimate increased from JP¥209 to JP¥236 per share. Net income forecast to grow 45% next year vs 9.1% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥4,867 unchanged from last update. Share price rose 7.6% to JP¥5,120 over the past week.
分析記事 • Nov 18MEC's (TSE:4971) Dividend Will Be Increased To ¥60.00MEC Company Ltd. ( TSE:4971 ) will increase its dividend from last year's comparable payment on the 4th of March to...
New Risk • Nov 18New 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 8.1% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Dividend is not well covered by cash flows (185% cash payout ratio).
Buy Or Sell Opportunity • Nov 17Now 20% undervaluedOver the last 90 days, the stock has risen 65% to JP¥4,990. The fair value is estimated to be JP¥6,240, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 55% in the next 2 years.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: JP¥78.45 (vs JP¥39.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥78.45 (up from JP¥39.36 in 3Q 2024). Revenue: JP¥5.60b (up 17% from 3Q 2024). Net income: JP¥1.44b (up 95% from 3Q 2024). Profit margin: 26% (up from 15% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% 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 fallen by 2% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
分析記事 • Nov 12MEC Company Ltd.'s (TSE:4971) P/E Is Still On The Mark Following 26% Share Price BounceMEC Company Ltd. ( TSE:4971 ) shares have continued their recent momentum with a 26% gain in the last month alone. The...
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥5,310, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 122% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,232 per share.
Price Target Changed • Oct 02Price target increased by 17% to JP¥4,867Up from JP¥4,167, the current price target is an average from 3 analysts. New target price is 19% above last closing price of JP¥4,095. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥209 for next year compared to JP¥122 last year.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥4,045, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 95% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,064 per share.
分析記事 • Sep 22MEC Company Ltd. (TSE:4971) Stocks Shoot Up 29% But Its P/E Still Looks ReasonableMEC Company Ltd. ( TSE:4971 ) shares have continued their recent momentum with a 29% gain in the last month alone...
分析記事 • Sep 22MEC Company Ltd. (TSE:4971) Looks Just Right With A 29% Price JumpMEC Company Ltd. ( TSE:4971 ) shares have continued their recent momentum with a 29% gain in the last month alone...
New Risk • Sep 22New 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 5.0% 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 Share price has been volatile over the past 3 months (5.0% average weekly change). Profit margins are more than 30% lower than last year (12% net profit margin).
お知らせ • Sep 04MEC Company Ltd. to Report Q3, 2025 Results on Nov 11, 2025MEC Company Ltd. announced that they will report Q3, 2025 results on Nov 11, 2025
分析記事 • Sep 03MEC's (TSE:4971) Upcoming Dividend Will Be Larger Than Last Year'sMEC Company Ltd. ( TSE:4971 ) will increase its dividend from last year's comparable payment on the 4th of March to...
Declared Dividend • Sep 03First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 29th December 2025 Payment date: 4th March 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 77% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Aug 15We Think That There Are More Issues For MEC (TSE:4971) Than Just Sluggish EarningsTSE:4971 1 Year Share Price vs Fair Value Explore MEC's Fair Values from the Community and select yours MEC Company...
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: JP¥76.16 (vs JP¥59.33 in 2Q 2024)Second quarter 2025 results: EPS: JP¥76.16 (up from JP¥59.33 in 2Q 2024). Revenue: JP¥4.96b (up 9.6% from 2Q 2024). Net income: JP¥1.42b (up 28% from 2Q 2024). Profit margin: 28% (up from 25% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% 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 fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 03 September 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.9%).
お知らせ • Jun 03MEC Company Ltd. to Report Q2, 2025 Results on Aug 08, 2025MEC Company Ltd. announced that they will report Q2, 2025 results on Aug 08, 2025
Reported Earnings • May 13First quarter 2025 earnings released: EPS: JP¥25.42 (vs JP¥41.60 in 1Q 2024)First quarter 2025 results: EPS: JP¥25.42 (down from JP¥41.60 in 1Q 2024). Revenue: JP¥4.42b (up 1.6% from 1Q 2024). Net income: JP¥476.0m (down 39% from 1Q 2024). Profit margin: 11% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • May 12MEC Company Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending December 31, 2025Mec Company Ltd. provided Consolidated Earnings Guidance for the First Half and Full Year of fiscal year Ending December 31, 2025. For the first half, the company expects net sales of JPY 9,600 million, Operating income of JPY 2,250 million, Net income attributable to parent company's shareholders JPY 1,450 million and net income per share of JPY 77.44 million. For the Full year, the company expects net sales of JPY 20,000 million, Operating income of JPY 5,000 million, Net income attributable to parent company's shareholders JPY 3,600 million and net income per share of JPY 192.26 million.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,375, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 3.9% over the past three years.
Board Change • Apr 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Eiji Miyashita was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 23MEC Company Ltd. Resolves Transfer of its Operating Officer Katsuaki Kitauji (Currently Operating Officer, General Manager, Accounting & Finance Unit.) Effective May 1, 2025MEC COMPANY LTD. notified that at a meeting of the Board of Directors held April 22, 2025, it has resolved to make the following transfers regarding its Operating Officers. Katsuaki KITAUJI (currently Operating Officer, General Manager, Accounting & Finance Unit.) effective May 1, 2025.
Declared Dividend • Apr 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th June 2025 Payment date: 3rd September 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Apr 07MEC Company Ltd.'s (TSE:4971) Stock Retreats 29% But Earnings Haven't Escaped The Attention Of InvestorsUnfortunately for some shareholders, the MEC Company Ltd. ( TSE:4971 ) share price has dived 29% in the last thirty...
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,048, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Chemicals industry in Japan. Total loss to shareholders of 27% over the past three years.
Reported Earnings • Mar 28Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥122. Revenue: JP¥18.2b (up 30% from FY 2023). Net income: JP¥2.29b (flat on FY 2023). Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan.
お知らせ • Mar 07MEC Company Ltd. to Report Q1, 2025 Results on May 12, 2025MEC Company Ltd. announced that they will report Q1, 2025 results on May 12, 2025
分析記事 • Feb 21MEC Company Ltd. (TSE:4971) Shares Slammed 25% But Getting In Cheap Might Be Difficult RegardlessMEC Company Ltd. ( TSE:4971 ) shareholders that were waiting for something to happen have been dealt a blow with a 25...
お知らせ • Feb 21MEC Company Ltd. Declares Dividend for Fiscal Year Ended December 31, 2024, Payable on March 4, 2025MEC Company Ltd. declared dividend of JPY 25.00 per share for fiscal year ended December 31, 2024, payable on March 4, 2025.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥2,615, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Chemicals industry in Japan. Total loss to shareholders of 10% over the past three years.
Reported Earnings • Feb 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥122. Revenue: JP¥18.2b (up 30% from FY 2023). Net income: JP¥2.29b (flat on FY 2023). Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan.
お知らせ • Feb 14+ 1 more updateMEC Company Ltd., Annual General Meeting, Mar 24, 2025MEC Company Ltd., Annual General Meeting, Mar 24, 2025.
お知らせ • Jan 03MEC Company Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025MEC Company Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 February 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.6%).
分析記事 • Dec 16MEC (TSE:4971) Has Announced A Dividend Of ¥25.00The board of MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend of ¥25.00 per share on the 28th of...
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: JP¥39.36 (vs JP¥33.66 in 3Q 2023)Third quarter 2024 results: EPS: JP¥39.36 (up from JP¥33.66 in 3Q 2023). Revenue: JP¥4.80b (up 27% from 3Q 2023). Net income: JP¥737.0m (up 17% from 3Q 2023). Profit margin: 15% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.
分析記事 • Sep 21MEC (TSE:4971) Is Due To Pay A Dividend Of ¥25.00MEC Company Ltd.'s ( TSE:4971 ) investors are due to receive a payment of ¥25.00 per share on 28th of February...
お知らせ • Aug 27MEC Company Ltd. to Report Q3, 2024 Results on Nov 11, 2024MEC Company Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
分析記事 • Aug 25MEC (TSE:4971) Is Paying Out A Dividend Of ¥25.00The board of MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend of ¥25.00 per share on the 28th of...
Price Target Changed • Aug 21Price target increased by 13% to JP¥4,400Up from JP¥3,900, the current price target is an average from 3 analysts. New target price is 10% above last closing price of JP¥4,000. Stock is up 7.2% over the past year. The company is forecast to post earnings per share of JP¥198 for next year compared to JP¥122 last year.
Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: JP¥50.48 (vs JP¥52.61 in 2Q 2023)Second quarter 2024 results: EPS: JP¥50.48 (down from JP¥52.61 in 2Q 2023). Revenue: JP¥4.44b (up 29% from 2Q 2023). Net income: JP¥945.3m (down 4.9% from 2Q 2023). Profit margin: 21% (down from 29% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
分析記事 • Aug 11MEC (TSE:4971) Will Pay A Dividend Of ¥25.00MEC Company Ltd. ( TSE:4971 ) will pay a dividend of ¥25.00 on the 28th of February. This means the annual payment will...
Major Estimate Revision • Aug 10Consensus EPS estimates increase by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥17.3b to JP¥18.5b. EPS estimate increased from JP¥157 to JP¥192 per share. Net income forecast to grow 20% next year vs 8.6% growth forecast for Chemicals industry in Japan. Consensus price target down from JP¥4,033 to JP¥3,900. Share price rose 6.6% to JP¥3,690 over the past week.
Declared Dividend • Aug 10Dividend of JP¥25.00 announcedDividend of JP¥25.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 28th February 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (dividend approximately 14x free cash flows). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Aug 05MEC Company Ltd. (TSE:4971) Shares May Have Slumped 32% But Getting In Cheap Is Still UnlikelyMEC Company Ltd. ( TSE:4971 ) shares have had a horrible month, losing 32% after a relatively good period beforehand...
New Risk • Aug 05New 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 8.1% 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 • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥3,005, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Chemicals industry in Japan. Total loss to shareholders of 8.5% over the past three years.
Buy Or Sell Opportunity • Jul 18Now 22% undervaluedOver the last 90 days, the stock has risen 12% to JP¥4,165. The fair value is estimated to be JP¥5,332, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 19% in the next 2 years.
分析記事 • Jun 21MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00The board of MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend of ¥20.00 per share on the 5th of...
Upcoming Dividend • Jun 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 05 September 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.3%).
分析記事 • Jun 07MEC (TSE:4971) Is Paying Out A Dividend Of ¥20.00MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend of ¥20.00 per share on the 5th of September...
お知らせ • Jun 06MEC Company Ltd. to Report Q2, 2024 Results on Aug 08, 2024MEC Company Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024
Valuation Update With 7 Day Price Move • May 17Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥4,640, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,702 per share.
New Risk • May 13New 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.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: JP¥41.60 (vs JP¥4.31 in 1Q 2023)First quarter 2024 results: EPS: JP¥41.60 (up from JP¥4.31 in 1Q 2023). Revenue: JP¥4.35b (up 57% from 1Q 2023). Net income: JP¥779.0m (up JP¥697.0m from 1Q 2023). Profit margin: 18% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% 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 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.
Price Target Changed • May 02Price target decreased by 7.8% to JP¥3,933Down from JP¥4,267, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥3,930. Stock is up 51% over the past year. The company is forecast to post earnings per share of JP¥131 for next year compared to JP¥122 last year.
分析記事 • Apr 11MEC (TSE:4971) Has Announced A Dividend Of ¥20.00The board of MEC Company Ltd. ( TSE:4971 ) has announced that it will pay a dividend on the 5th of September, with...
Declared Dividend • Apr 11Final dividend of JP¥20.00 announcedDividend of JP¥20.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 5th September 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (dividend approximately 14x free cash flows). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Apr 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥3,745. The fair value is estimated to be JP¥4,716, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 5.5%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
お知らせ • Mar 28MEC Company Ltd. to Report Q1, 2024 Results on May 10, 2024MEC Company Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Reported Earnings • Mar 27Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥122 (down from JP¥161 in FY 2022). Revenue: JP¥14.0b (down 14% from FY 2022). Net income: JP¥2.30b (down 25% from FY 2022). Profit margin: 16% (down from 19% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 14% 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 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.
Reported Earnings • Feb 17Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥122 (down from JP¥161 in FY 2022). Revenue: JP¥14.0b (down 14% from FY 2022). Net income: JP¥2.30b (down 25% from FY 2022). Profit margin: 16% (down from 19% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%. Revenue is forecast to grow 14% p.a. on average during the next 2 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 5% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14+ 1 more updateMEC Company Ltd., Annual General Meeting, Mar 19, 2024MEC Company Ltd., Annual General Meeting, Mar 19, 2024.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥25.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 04 March 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.4%).
お知らせ • Dec 06MEC Company Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024MEC Company Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024
Price Target Changed • Nov 20Price target increased by 8.9% to JP¥4,300Up from JP¥3,950, the current price target is an average from 3 analysts. New target price is 6.2% above last closing price of JP¥4,050. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥107 for next year compared to JP¥161 last year.
Reported Earnings • Nov 11Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: JP¥33.66 (down from JP¥37.93 in 3Q 2022). Revenue: JP¥3.78b (down 11% from 3Q 2022). Net income: JP¥631.0m (down 13% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 46%. Revenue is forecast to grow 14% 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 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Oct 23Now 20% undervaluedOver the last 90 days, the stock is up 1.6%. The fair value is estimated to be JP¥4,362, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 30% in the next 2 years.
お知らせ • Sep 10MEC Company Ltd. to Report Q3, 2023 Results on Nov 10, 2023MEC Company Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023
Major Estimate Revision • Aug 29Consensus EPS estimates increase by 11%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥14.2b to JP¥14.0b. EPS estimate rose from JP¥77.35 to JP¥85.63. Net income forecast to shrink 11% next year vs 7.6% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥3,767 unchanged from last update. Share price was steady at JP¥3,725 over the past week.
Reported Earnings • Aug 10Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥52.61 (up from JP¥45.66 in 2Q 2022). Revenue: JP¥3.43b (down 18% from 2Q 2022). Net income: JP¥994.0m (up 14% from 2Q 2022). Profit margin: 29% (up from 21% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 107%. Revenue is forecast to grow 11% 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 19% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jul 27Price target increased by 7.3% to JP¥3,575Up from JP¥3,333, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥3,485. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥77.21 for next year compared to JP¥161 last year.