View Future GrowthMORESCO 過去の業績過去 基準チェック /46MORESCOの収益は年間平均-3.7%の割合で減少していますが、 Chemicals業界の収益は年間 増加しています。収益は年間5.4% 6.9%割合で 増加しています。 MORESCOの自己資本利益率は6.5%であり、純利益率は4.4%です。主要情報-3.71%収益成長率-2.85%EPS成長率Chemicals 業界の成長6.58%収益成長率6.88%株主資本利益率6.45%ネット・マージン4.37%次回の業績アップデート09 Jul 2026最近の業績更新Reported Earnings • Apr 15Full year 2026 earnings released: EPS: JP¥166 (vs JP¥110 in FY 2025)Full year 2026 results: EPS: JP¥166 (up from JP¥110 in FY 2025). Revenue: JP¥34.9b (up 1.4% from FY 2025). Net income: JP¥1.53b (up 51% from FY 2025). Profit margin: 4.4% (up from 2.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year.お知らせ • Apr 07MORESCO Corporation to Report Fiscal Year 2026 Results on Apr 14, 2026MORESCO Corporation announced that they will report fiscal year 2026 results on Apr 14, 2026Reported Earnings • Jan 14Third quarter 2026 earnings released: EPS: JP¥72.90 (vs JP¥26.50 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.90 (up from JP¥26.50 in 3Q 2025). Revenue: JP¥8.71b (down 1.2% from 3Q 2025). Net income: JP¥669.0m (up 175% from 3Q 2025). Profit margin: 7.7% (up from 2.8% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.お知らせ • Nov 01MORESCO Corporation to Report Q3, 2026 Results on Jan 13, 2026MORESCO Corporation announced that they will report Q3, 2026 results on Jan 13, 2026分析記事 • Oct 27We Think You Can Look Beyond MORESCO's (TSE:5018) Lackluster EarningsSoft earnings didn't appear to concern MORESCO Corporation's ( TSE:5018 ) shareholders over the last week. We think...Reported Earnings • Oct 15Second quarter 2026 earnings released: EPS: JP¥29.32 (vs JP¥35.56 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.32 (down from JP¥35.56 in 2Q 2025). Revenue: JP¥8.35b (down 5.6% from 2Q 2025). Net income: JP¥269.0m (down 18% from 2Q 2025). Profit margin: 3.2% (down from 3.7% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year.すべての更新を表示Recent updatesNew Risk • May 29New 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: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,881, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 87% over the past three years.New Risk • Apr 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.9b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥15.9b market cap, or US$100.0m).Reported Earnings • Apr 15Full year 2026 earnings released: EPS: JP¥166 (vs JP¥110 in FY 2025)Full year 2026 results: EPS: JP¥166 (up from JP¥110 in FY 2025). Revenue: JP¥34.9b (up 1.4% from FY 2025). Net income: JP¥1.53b (up 51% from FY 2025). Profit margin: 4.4% (up from 2.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year.お知らせ • Apr 14MORESCO Corporation, Annual General Meeting, May 27, 2026MORESCO Corporation, Annual General Meeting, May 27, 2026.Buy Or Sell Opportunity • Apr 13Now 21% undervaluedOver the last 90 days, the stock has risen 15% to JP¥1,764. The fair value is estimated to be JP¥2,219, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 16%.お知らせ • Apr 07MORESCO Corporation to Report Fiscal Year 2026 Results on Apr 14, 2026MORESCO Corporation announced that they will report fiscal year 2026 results on Apr 14, 2026Buy Or Sell Opportunity • Mar 23Now 20% undervaluedOver the last 90 days, the stock has risen 19% to JP¥1,765. The fair value is estimated to be JP¥2,207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 16%.Upcoming Dividend • Feb 19Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.2%).New Risk • Jan 23New 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 5.4% 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: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.4% average weekly change).Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥1,871, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 75% over the past three years.分析記事 • Jan 16MORESCO Corporation (TSE:5018) Soars 28% But It's A Story Of Risk Vs RewardDespite an already strong run, MORESCO Corporation ( TSE:5018 ) shares have been powering on, with a gain of 28% in the...Reported Earnings • Jan 14Third quarter 2026 earnings released: EPS: JP¥72.90 (vs JP¥26.50 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.90 (up from JP¥26.50 in 3Q 2025). Revenue: JP¥8.71b (down 1.2% from 3Q 2025). Net income: JP¥669.0m (up 175% from 3Q 2025). Profit margin: 7.7% (up from 2.8% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.お知らせ • Nov 01MORESCO Corporation to Report Q3, 2026 Results on Jan 13, 2026MORESCO Corporation announced that they will report Q3, 2026 results on Jan 13, 2026分析記事 • Oct 27We Think You Can Look Beyond MORESCO's (TSE:5018) Lackluster EarningsSoft earnings didn't appear to concern MORESCO Corporation's ( TSE:5018 ) shareholders over the last week. We think...Reported Earnings • Oct 15Second quarter 2026 earnings released: EPS: JP¥29.32 (vs JP¥35.56 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.32 (down from JP¥35.56 in 2Q 2025). Revenue: JP¥8.35b (down 5.6% from 2Q 2025). Net income: JP¥269.0m (down 18% from 2Q 2025). Profit margin: 3.2% (down from 3.7% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year.お知らせ • Aug 28MORESCO Corporation to Report Q2, 2026 Results on Oct 14, 2025MORESCO Corporation announced that they will report Q2, 2026 results on Oct 14, 2025Upcoming Dividend • Aug 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 12 November 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).Reported Earnings • Jul 14First quarter 2026 earnings released: EPS: JP¥25.84 (vs JP¥27.25 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.84 (down from JP¥27.25 in 1Q 2025). Revenue: JP¥8.52b (up 3.2% from 1Q 2025). Net income: JP¥237.0m (down 5.2% from 1Q 2025). Profit margin: 2.8% (down from 3.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 04Full year 2025 earnings released: EPS: JP¥110 (vs JP¥139 in FY 2024)Full year 2025 results: EPS: JP¥110 (down from JP¥139 in FY 2024). Revenue: JP¥34.4b (up 7.8% from FY 2024). Net income: JP¥1.01b (down 21% from FY 2024). Profit margin: 2.9% (down from 4.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.お知らせ • May 27MORESCO Corporation to Report Q1, 2026 Results on Jul 10, 2025MORESCO Corporation announced that they will report Q1, 2026 results on Jul 10, 2025分析記事 • Apr 21There May Be Reason For Hope In MORESCO's (TSE:5018) Disappointing EarningsThe market for MORESCO Corporation's ( TSE:5018 ) shares didn't move much after it posted weak earnings recently. We...Reported Earnings • Apr 12Full year 2025 earnings released: EPS: JP¥110 (vs JP¥139 in FY 2024)Full year 2025 results: EPS: JP¥110 (down from JP¥139 in FY 2024). Revenue: JP¥34.4b (up 7.8% from FY 2024). Net income: JP¥1.01b (down 21% from FY 2024). Profit margin: 2.9% (down from 4.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Apr 11MORESCO Corporation, Annual General Meeting, May 29, 2025MORESCO Corporation, Annual General Meeting, May 29, 2025.分析記事 • Apr 08Some Investors May Be Worried About MORESCO's (TSE:5018) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Upcoming Dividend • Feb 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 31 May 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%).お知らせ • Feb 04MORESCO Corporation to Report Fiscal Year 2025 Results on Apr 11, 2025MORESCO Corporation announced that they will report fiscal year 2025 results on Apr 11, 2025New Risk • Jan 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 3.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (JP¥12.1b market cap, or US$76.7m).Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥26.50 (vs JP¥82.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.50 (down from JP¥82.97 in 3Q 2024). Revenue: JP¥8.82b (up 5.6% from 3Q 2024). Net income: JP¥243.0m (down 68% from 3Q 2024). Profit margin: 2.8% (down from 9.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Oct 29MORESCO Corporation to Report Q3, 2025 Results on Jan 14, 2025MORESCO Corporation announced that they will report Q3, 2025 results on Jan 14, 2025分析記事 • Oct 18Investors Shouldn't Be Too Comfortable With MORESCO's (TSE:5018) EarningsMORESCO Corporation's ( TSE:5018 ) robust earnings report didn't manage to move the market for its stock. Our analysis...Reported Earnings • Oct 16Second quarter 2025 earnings released: EPS: JP¥35.56 (vs JP¥37.37 in 2Q 2024)Second quarter 2025 results: EPS: JP¥35.56 (down from JP¥37.37 in 2Q 2024). Revenue: JP¥8.85b (up 14% from 2Q 2024). Net income: JP¥326.0m (down 5.5% from 2Q 2024). Profit margin: 3.7% (down from 4.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 13 November 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥1,070, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 3.8% over the past three years.お知らせ • Jul 27MORESCO Corporation to Report Q2, 2025 Results on Oct 11, 2024MORESCO Corporation announced that they will report Q2, 2025 results on Oct 11, 2024Reported Earnings • Jul 16First quarter 2025 earnings released: EPS: JP¥27.25 (vs JP¥24.28 in 1Q 2024)First quarter 2025 results: EPS: JP¥27.25 (up from JP¥24.28 in 1Q 2024). Revenue: JP¥8.25b (up 8.7% from 1Q 2024). Net income: JP¥250.0m (up 12% from 1Q 2024). Profit margin: 3.0% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • May 03MORESCO Corporation to Report Q1, 2025 Results on Jul 12, 2024MORESCO Corporation announced that they will report Q1, 2025 results on Jul 12, 2024分析記事 • Apr 19There May Be Underlying Issues With The Quality Of MORESCO's (TSE:5018) EarningsMORESCO Corporation's ( TSE:5018 ) robust earnings report didn't manage to move the market for its stock. Our analysis...Reported Earnings • Apr 14Full year 2024 earnings released: EPS: JP¥139 (vs JP¥66.24 in FY 2023)Full year 2024 results: EPS: JP¥139 (up from JP¥66.24 in FY 2023). Revenue: JP¥31.9b (up 5.1% from FY 2023). Net income: JP¥1.28b (up 109% from FY 2023). Profit margin: 4.0% (up from 2.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Apr 14MORESCO Corporation, Annual General Meeting, May 30, 2024MORESCO Corporation, Annual General Meeting, May 30, 2024.お知らせ • Feb 22MORESCO Corporation (TSE:5018) announces an Equity Buyback for 80,000 shares, representing 0.87% for ¥100 million.MORESCO Corporation (TSE:5018) announces a share repurchase program. Under the program, the company will repurchase 80,000 shares, representing 0.87% of its share capital, for ¥100 million. The purpose of the program is implementation of a flexible capital policy in response to changes in the business environment and enhancing shareholder returns. The program will expire on April 30, 2024. As of November 30, 2023, the company had 9,232,780 shares outstanding and 463,720 shares in treasury.Upcoming Dividend • Feb 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%).お知らせ • Jan 31MORESCO Corporation to Report Fiscal Year 2024 Results on Apr 12, 2024MORESCO Corporation announced that they will report fiscal year 2024 results on Apr 12, 2024Reported Earnings • Jan 16Third quarter 2024 earnings released: EPS: JP¥82.97 (vs JP¥23.30 in 3Q 2023)Third quarter 2024 results: EPS: JP¥82.97 (up from JP¥23.30 in 3Q 2023). Revenue: JP¥8.35b (up 4.9% from 3Q 2023). Net income: JP¥766.0m (up 256% from 3Q 2023). Profit margin: 9.2% (up from 2.7% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Nov 03MORESCO Corporation to Report Q3, 2024 Results on Jan 15, 2024MORESCO Corporation announced that they will report Q3, 2024 results on Jan 15, 2024Reported Earnings • Oct 13Second quarter 2024 earnings released: EPS: JP¥37.37 (vs JP¥20.11 in 2Q 2023)Second quarter 2024 results: EPS: JP¥37.37 (up from JP¥20.11 in 2Q 2023). Revenue: JP¥7.79b (up 4.2% from 2Q 2023). Net income: JP¥345.0m (up 85% from 2Q 2023). Profit margin: 4.4% (up from 2.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Aug 30MORESCO Corporation (TSE:5018) agreed to acquire remaining 50% take in Wuxi Moretex Technology from Tex Year Technology Corp. for approximately ¥450 million.MORESCO Corporation (TSE:5018) agreed to acquire remaining 50% take in Wuxi Moretex Technology from Tex Year Technology Corp. for approximately ¥450 million on August 28, 2023.Upcoming Dividend • Aug 23Upcoming dividend of JP¥20.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 13 November 2023. Payout ratio is a comfortable 71% 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 (2.6%).お知らせ • Jul 30MORESCO Corporation to Report Q2, 2023 Results on Oct 12, 2023MORESCO Corporation announced that they will report Q2, 2023 results on Oct 12, 2023Reported Earnings • Jul 17First quarter 2024 earnings released: EPS: JP¥24.28 (vs JP¥33.80 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.28 (down from JP¥33.80 in 1Q 2023). Revenue: JP¥7.60b (up 7.7% from 1Q 2023). Net income: JP¥224.0m (down 29% from 1Q 2023). Profit margin: 2.9% (down from 4.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.Reported Earnings • Jun 02Full year 2023 earnings released: EPS: JP¥66.24 (vs JP¥193 in FY 2022)Full year 2023 results: EPS: JP¥66.24 (down from JP¥193 in FY 2022). Revenue: JP¥30.3b (up 11% from FY 2022). Net income: JP¥615.0m (down 66% from FY 2022). Profit margin: 2.0% (down from 6.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 13Full year 2023 earnings released: EPS: JP¥66.24 (vs JP¥193 in FY 2022)Full year 2023 results: EPS: JP¥66.24 (down from JP¥193 in FY 2022). Revenue: JP¥30.3b (up 11% from FY 2022). Net income: JP¥615.0m (down 66% from FY 2022). Profit margin: 2.0% (down from 6.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Feb 20Upcoming dividend of JP¥20.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).お知らせ • Jan 31MORESCO Corporation to Report Fiscal Year 2023 Results on Apr 11, 2023MORESCO Corporation announced that they will report fiscal year 2023 results on Apr 11, 2023Reported Earnings • Jan 14Third quarter 2023 earnings released: EPS: JP¥23.30 (vs JP¥39.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.30 (down from JP¥39.55 in 3Q 2022). Revenue: JP¥7.96b (up 13% from 3Q 2022). Net income: JP¥215.0m (down 42% from 3Q 2022). Profit margin: 2.7% (down from 5.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. No independent directors (9 non-independent directors). CFO & Director Takashi Takeuchi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Oct 31MORESCO Corporation to Report Q3, 2023 Results on Jan 13, 2023MORESCO Corporation announced that they will report Q3, 2023 results on Jan 13, 2023Reported Earnings • Oct 15Second quarter 2023 earnings released: EPS: JP¥20.11 (vs JP¥28.15 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.11 (down from JP¥28.15 in 2Q 2022). Revenue: JP¥7.47b (up 11% from 2Q 2022). Net income: JP¥187.0m (down 29% from 2Q 2022). Profit margin: 2.5% (down from 3.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Aug 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 11 November 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.7%).お知らせ • Jul 31MORESCO Corporation to Report Q2, 2023 Results on Oct 13, 2022MORESCO Corporation announced that they will report Q2, 2023 results on Oct 13, 2022Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥33.80 (vs JP¥117 in 1Q 2022)First quarter 2023 results: EPS: JP¥33.80 (down from JP¥117 in 1Q 2022). Revenue: JP¥7.05b (up 5.9% from 1Q 2022). Net income: JP¥317.0m (down 71% from 1Q 2022). Profit margin: 4.5% (down from 17% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Jul 14MORESCO Corporation (TSE:5018) announces an Equity Buyback for 180,000 shares, representing 1.92% for ¥216 million.MORESCO Corporation (TSE:5018) announces a share repurchase program. Under the program, the company will repurchase 180,000 shares, representing 1.92% of its share capital, for ¥216 million. The offer price is ¥1200 per share. The purpose of the program is implementation of a flexible capital policy in response to changes in the business environment. The program will expire on July 14, 2022. As of July 13, 2022, the company had 9,389,530 shares outstanding and 306,970 shares in treasury.Reported Earnings • Jun 02Full year 2022 earnings released: EPS: JP¥193 (vs JP¥54.11 in FY 2021)Full year 2022 results: EPS: JP¥193 (up from JP¥54.11 in FY 2021). Revenue: JP¥27.3b (up 12% from FY 2021). Net income: JP¥1.81b (up 249% from FY 2021). Profit margin: 6.6% (up from 2.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • May 04MORESCO Corporation to Report Q1, 2023 Results on Jul 13, 2022MORESCO Corporation announced that they will report Q1, 2023 results on Jul 13, 2022Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). CFO & Director Takashi Takeuchi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Apr 15MORESCO Corporation, Annual General Meeting, May 27, 2022MORESCO Corporation, Annual General Meeting, May 27, 2022.Reported Earnings • Apr 14Full year 2022 earnings released: EPS: JP¥193 (vs JP¥54.11 in FY 2021)Full year 2022 results: EPS: JP¥193 (up from JP¥54.11 in FY 2021). Revenue: JP¥27.3b (up 12% from FY 2021). Net income: JP¥1.81b (up 249% from FY 2021). Profit margin: 6.6% (up from 2.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Upcoming Dividend • Feb 18Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 25 February 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%).お知らせ • Feb 02MORESCO Corporation to Report Fiscal Year 2021 Results on Apr 12, 2022MORESCO Corporation announced that they will report fiscal year 2021 results on Apr 12, 2022Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥39.55 (down from JP¥40.92 in 3Q 2021). Revenue: JP¥7.05b (up 6.5% from 3Q 2021). Net income: JP¥371.0m (down 5.6% from 3Q 2021). Profit margin: 5.3% (down from 5.9% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 14Second quarter 2022 earnings released: EPS JP¥28.15 (vs JP¥7.60 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥6.71b (up 23% from 2Q 2021). Net income: JP¥264.0m (up JP¥337.0m from 2Q 2021). Profit margin: 3.9% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.Upcoming Dividend • Aug 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 11 November 2021. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (2.1%).Reported Earnings • Jul 15First quarter 2022 earnings released: EPS JP¥117 (vs JP¥1.77 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥6.66b (up 13% from 1Q 2021). Net income: JP¥1.10b (up JP¥1.11b from 1Q 2021). Profit margin: 17% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Jun 02Full year 2021 earnings released: EPS JP¥54.11 (vs JP¥80.87 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥24.5b (down 9.6% from FY 2020). Net income: JP¥518.0m (down 33% from FY 2020). Profit margin: 2.1% (down from 2.9% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 15Full year 2021 earnings released: EPS JP¥54.11 (vs JP¥80.87 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥24.5b (down 9.6% from FY 2020). Net income: JP¥518.0m (down 33% from FY 2020). Profit margin: 2.1% (down from 2.9% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Feb 04MORESCO Corporation to Report Fiscal Year 2021 Results on Apr 13, 2021MORESCO Corporation announced that they will report fiscal year 2021 results on Apr 13, 2021Is New 90 Day High Low • Jan 28New 90-day high: JP¥1,157The company is up 20% from its price of JP¥967 on 30 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 21% over the same period.Reported Earnings • Jan 15Third quarter 2021 earnings released: EPS JP¥40.92The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥6.62b (down 4.0% from 3Q 2020). Net income: JP¥393.0m (up 49% from 3Q 2020). Profit margin: 5.9% (up from 3.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Jan 12New 90-day high: JP¥1,067The company is up 4.0% from its price of JP¥1,026 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 17% over the same period.お知らせ • Sep 12MORESCO Corporation to Report Q2, 2021 Results on Oct 13, 2020MORESCO Corporation announced that they will report Q2, 2021 results on Oct 13, 2020収支内訳MORESCO 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:5018 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費28 Feb 2634,8711,5258,141030 Nov 2534,0301,3698,052031 Aug 2534,1379438,039031 May 2534,6361,0008,044028 Feb 2534,3741,0138,096030 Nov 2434,0727678,143031 Aug 2433,6021,2907,886031 May 2432,5441,3097,639029 Feb 2431,8861,2837,325030 Nov 2331,5851,2316,916031 Aug 2331,1966806,946031 May 2330,8795226,995028 Feb 2330,3336157,021030 Nov 2229,3647976,934031 Aug 2228,4579536,777031 May 2227,6941,0306,701028 Feb 2227,3001,8086,654030 Nov 2126,9261,9456,518031 Aug 2126,4971,9676,478031 May 2125,2511,6306,335028 Feb 2124,4795186,293030 Nov 2024,5874747,097031 Aug 2024,8663457,214031 May 2026,1725827,366029 Feb 2027,0647767,456030 Nov 1927,4357497,381031 Aug 1928,1499917,407031 May 1928,6141,1937,387028 Feb 1928,8061,4387,369030 Nov 1828,9411,7597,300031 Aug 1828,5761,7307,233031 May 1828,2421,6907,247028 Feb 1827,9221,6237,187030 Nov 1727,6381,5847,249031 Aug 1727,1261,6477,125031 May 1726,7791,5926,949028 Feb 1726,6741,6006,861030 Nov 1626,2891,4936,665031 Aug 1626,3131,4526,588031 May 1626,3791,4586,597029 Feb 1626,2661,5266,414030 Nov 1526,6511,6296,284031 Aug 1527,0281,6966,1340質の高い収益: 5018は 高品質の収益 を持っています。利益率の向上: 5018の現在の純利益率 (4.4%)は、昨年(2.9%)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: 5018の収益は過去 5 年間で年間3.7%減少しました。成長の加速: 5018の過去 1 年間の収益成長率 ( 50.5% ) は、5 年間の平均 ( 年間-3.7%を上回っています。収益対業界: 5018の過去 1 年間の収益成長率 ( 50.5% ) はChemicals業界11%を上回りました。株主資本利益率高いROE: 5018の 自己資本利益率 ( 6.5% ) 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2026/06/17 10:11終値2026/06/17 00:00収益2026/02/28年間収益2026/02/28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MORESCO Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Yu TokudaDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.
Reported Earnings • Apr 15Full year 2026 earnings released: EPS: JP¥166 (vs JP¥110 in FY 2025)Full year 2026 results: EPS: JP¥166 (up from JP¥110 in FY 2025). Revenue: JP¥34.9b (up 1.4% from FY 2025). Net income: JP¥1.53b (up 51% from FY 2025). Profit margin: 4.4% (up from 2.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Apr 07MORESCO Corporation to Report Fiscal Year 2026 Results on Apr 14, 2026MORESCO Corporation announced that they will report fiscal year 2026 results on Apr 14, 2026
Reported Earnings • Jan 14Third quarter 2026 earnings released: EPS: JP¥72.90 (vs JP¥26.50 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.90 (up from JP¥26.50 in 3Q 2025). Revenue: JP¥8.71b (down 1.2% from 3Q 2025). Net income: JP¥669.0m (up 175% from 3Q 2025). Profit margin: 7.7% (up from 2.8% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Nov 01MORESCO Corporation to Report Q3, 2026 Results on Jan 13, 2026MORESCO Corporation announced that they will report Q3, 2026 results on Jan 13, 2026
分析記事 • Oct 27We Think You Can Look Beyond MORESCO's (TSE:5018) Lackluster EarningsSoft earnings didn't appear to concern MORESCO Corporation's ( TSE:5018 ) shareholders over the last week. We think...
Reported Earnings • Oct 15Second quarter 2026 earnings released: EPS: JP¥29.32 (vs JP¥35.56 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.32 (down from JP¥35.56 in 2Q 2025). Revenue: JP¥8.35b (down 5.6% from 2Q 2025). Net income: JP¥269.0m (down 18% from 2Q 2025). Profit margin: 3.2% (down from 3.7% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year.
New Risk • May 29New 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: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,881, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 87% over the past three years.
New Risk • Apr 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.9b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥15.9b market cap, or US$100.0m).
Reported Earnings • Apr 15Full year 2026 earnings released: EPS: JP¥166 (vs JP¥110 in FY 2025)Full year 2026 results: EPS: JP¥166 (up from JP¥110 in FY 2025). Revenue: JP¥34.9b (up 1.4% from FY 2025). Net income: JP¥1.53b (up 51% from FY 2025). Profit margin: 4.4% (up from 2.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Apr 14MORESCO Corporation, Annual General Meeting, May 27, 2026MORESCO Corporation, Annual General Meeting, May 27, 2026.
Buy Or Sell Opportunity • Apr 13Now 21% undervaluedOver the last 90 days, the stock has risen 15% to JP¥1,764. The fair value is estimated to be JP¥2,219, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 16%.
お知らせ • Apr 07MORESCO Corporation to Report Fiscal Year 2026 Results on Apr 14, 2026MORESCO Corporation announced that they will report fiscal year 2026 results on Apr 14, 2026
Buy Or Sell Opportunity • Mar 23Now 20% undervaluedOver the last 90 days, the stock has risen 19% to JP¥1,765. The fair value is estimated to be JP¥2,207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has grown by 16%.
Upcoming Dividend • Feb 19Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.2%).
New Risk • Jan 23New 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 5.4% 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: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.4% average weekly change).
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥1,871, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 75% over the past three years.
分析記事 • Jan 16MORESCO Corporation (TSE:5018) Soars 28% But It's A Story Of Risk Vs RewardDespite an already strong run, MORESCO Corporation ( TSE:5018 ) shares have been powering on, with a gain of 28% in the...
Reported Earnings • Jan 14Third quarter 2026 earnings released: EPS: JP¥72.90 (vs JP¥26.50 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.90 (up from JP¥26.50 in 3Q 2025). Revenue: JP¥8.71b (down 1.2% from 3Q 2025). Net income: JP¥669.0m (up 175% from 3Q 2025). Profit margin: 7.7% (up from 2.8% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Nov 01MORESCO Corporation to Report Q3, 2026 Results on Jan 13, 2026MORESCO Corporation announced that they will report Q3, 2026 results on Jan 13, 2026
分析記事 • Oct 27We Think You Can Look Beyond MORESCO's (TSE:5018) Lackluster EarningsSoft earnings didn't appear to concern MORESCO Corporation's ( TSE:5018 ) shareholders over the last week. We think...
Reported Earnings • Oct 15Second quarter 2026 earnings released: EPS: JP¥29.32 (vs JP¥35.56 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.32 (down from JP¥35.56 in 2Q 2025). Revenue: JP¥8.35b (down 5.6% from 2Q 2025). Net income: JP¥269.0m (down 18% from 2Q 2025). Profit margin: 3.2% (down from 3.7% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Aug 28MORESCO Corporation to Report Q2, 2026 Results on Oct 14, 2025MORESCO Corporation announced that they will report Q2, 2026 results on Oct 14, 2025
Upcoming Dividend • Aug 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 12 November 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
Reported Earnings • Jul 14First quarter 2026 earnings released: EPS: JP¥25.84 (vs JP¥27.25 in 1Q 2025)First quarter 2026 results: EPS: JP¥25.84 (down from JP¥27.25 in 1Q 2025). Revenue: JP¥8.52b (up 3.2% from 1Q 2025). Net income: JP¥237.0m (down 5.2% from 1Q 2025). Profit margin: 2.8% (down from 3.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 04Full year 2025 earnings released: EPS: JP¥110 (vs JP¥139 in FY 2024)Full year 2025 results: EPS: JP¥110 (down from JP¥139 in FY 2024). Revenue: JP¥34.4b (up 7.8% from FY 2024). Net income: JP¥1.01b (down 21% from FY 2024). Profit margin: 2.9% (down from 4.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • May 27MORESCO Corporation to Report Q1, 2026 Results on Jul 10, 2025MORESCO Corporation announced that they will report Q1, 2026 results on Jul 10, 2025
分析記事 • Apr 21There May Be Reason For Hope In MORESCO's (TSE:5018) Disappointing EarningsThe market for MORESCO Corporation's ( TSE:5018 ) shares didn't move much after it posted weak earnings recently. We...
Reported Earnings • Apr 12Full year 2025 earnings released: EPS: JP¥110 (vs JP¥139 in FY 2024)Full year 2025 results: EPS: JP¥110 (down from JP¥139 in FY 2024). Revenue: JP¥34.4b (up 7.8% from FY 2024). Net income: JP¥1.01b (down 21% from FY 2024). Profit margin: 2.9% (down from 4.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Apr 11MORESCO Corporation, Annual General Meeting, May 29, 2025MORESCO Corporation, Annual General Meeting, May 29, 2025.
分析記事 • Apr 08Some Investors May Be Worried About MORESCO's (TSE:5018) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Upcoming Dividend • Feb 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 31 May 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%).
お知らせ • Feb 04MORESCO Corporation to Report Fiscal Year 2025 Results on Apr 11, 2025MORESCO Corporation announced that they will report fiscal year 2025 results on Apr 11, 2025
New Risk • Jan 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 3.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (JP¥12.1b market cap, or US$76.7m).
Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥26.50 (vs JP¥82.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.50 (down from JP¥82.97 in 3Q 2024). Revenue: JP¥8.82b (up 5.6% from 3Q 2024). Net income: JP¥243.0m (down 68% from 3Q 2024). Profit margin: 2.8% (down from 9.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Oct 29MORESCO Corporation to Report Q3, 2025 Results on Jan 14, 2025MORESCO Corporation announced that they will report Q3, 2025 results on Jan 14, 2025
分析記事 • Oct 18Investors Shouldn't Be Too Comfortable With MORESCO's (TSE:5018) EarningsMORESCO Corporation's ( TSE:5018 ) robust earnings report didn't manage to move the market for its stock. Our analysis...
Reported Earnings • Oct 16Second quarter 2025 earnings released: EPS: JP¥35.56 (vs JP¥37.37 in 2Q 2024)Second quarter 2025 results: EPS: JP¥35.56 (down from JP¥37.37 in 2Q 2024). Revenue: JP¥8.85b (up 14% from 2Q 2024). Net income: JP¥326.0m (down 5.5% from 2Q 2024). Profit margin: 3.7% (down from 4.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 13 November 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥1,070, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 3.8% over the past three years.
お知らせ • Jul 27MORESCO Corporation to Report Q2, 2025 Results on Oct 11, 2024MORESCO Corporation announced that they will report Q2, 2025 results on Oct 11, 2024
Reported Earnings • Jul 16First quarter 2025 earnings released: EPS: JP¥27.25 (vs JP¥24.28 in 1Q 2024)First quarter 2025 results: EPS: JP¥27.25 (up from JP¥24.28 in 1Q 2024). Revenue: JP¥8.25b (up 8.7% from 1Q 2024). Net income: JP¥250.0m (up 12% from 1Q 2024). Profit margin: 3.0% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • May 03MORESCO Corporation to Report Q1, 2025 Results on Jul 12, 2024MORESCO Corporation announced that they will report Q1, 2025 results on Jul 12, 2024
分析記事 • Apr 19There May Be Underlying Issues With The Quality Of MORESCO's (TSE:5018) EarningsMORESCO Corporation's ( TSE:5018 ) robust earnings report didn't manage to move the market for its stock. Our analysis...
Reported Earnings • Apr 14Full year 2024 earnings released: EPS: JP¥139 (vs JP¥66.24 in FY 2023)Full year 2024 results: EPS: JP¥139 (up from JP¥66.24 in FY 2023). Revenue: JP¥31.9b (up 5.1% from FY 2023). Net income: JP¥1.28b (up 109% from FY 2023). Profit margin: 4.0% (up from 2.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Apr 14MORESCO Corporation, Annual General Meeting, May 30, 2024MORESCO Corporation, Annual General Meeting, May 30, 2024.
お知らせ • Feb 22MORESCO Corporation (TSE:5018) announces an Equity Buyback for 80,000 shares, representing 0.87% for ¥100 million.MORESCO Corporation (TSE:5018) announces a share repurchase program. Under the program, the company will repurchase 80,000 shares, representing 0.87% of its share capital, for ¥100 million. The purpose of the program is implementation of a flexible capital policy in response to changes in the business environment and enhancing shareholder returns. The program will expire on April 30, 2024. As of November 30, 2023, the company had 9,232,780 shares outstanding and 463,720 shares in treasury.
Upcoming Dividend • Feb 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%).
お知らせ • Jan 31MORESCO Corporation to Report Fiscal Year 2024 Results on Apr 12, 2024MORESCO Corporation announced that they will report fiscal year 2024 results on Apr 12, 2024
Reported Earnings • Jan 16Third quarter 2024 earnings released: EPS: JP¥82.97 (vs JP¥23.30 in 3Q 2023)Third quarter 2024 results: EPS: JP¥82.97 (up from JP¥23.30 in 3Q 2023). Revenue: JP¥8.35b (up 4.9% from 3Q 2023). Net income: JP¥766.0m (up 256% from 3Q 2023). Profit margin: 9.2% (up from 2.7% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Nov 03MORESCO Corporation to Report Q3, 2024 Results on Jan 15, 2024MORESCO Corporation announced that they will report Q3, 2024 results on Jan 15, 2024
Reported Earnings • Oct 13Second quarter 2024 earnings released: EPS: JP¥37.37 (vs JP¥20.11 in 2Q 2023)Second quarter 2024 results: EPS: JP¥37.37 (up from JP¥20.11 in 2Q 2023). Revenue: JP¥7.79b (up 4.2% from 2Q 2023). Net income: JP¥345.0m (up 85% from 2Q 2023). Profit margin: 4.4% (up from 2.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Aug 30MORESCO Corporation (TSE:5018) agreed to acquire remaining 50% take in Wuxi Moretex Technology from Tex Year Technology Corp. for approximately ¥450 million.MORESCO Corporation (TSE:5018) agreed to acquire remaining 50% take in Wuxi Moretex Technology from Tex Year Technology Corp. for approximately ¥450 million on August 28, 2023.
Upcoming Dividend • Aug 23Upcoming dividend of JP¥20.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 13 November 2023. Payout ratio is a comfortable 71% 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 (2.6%).
お知らせ • Jul 30MORESCO Corporation to Report Q2, 2023 Results on Oct 12, 2023MORESCO Corporation announced that they will report Q2, 2023 results on Oct 12, 2023
Reported Earnings • Jul 17First quarter 2024 earnings released: EPS: JP¥24.28 (vs JP¥33.80 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.28 (down from JP¥33.80 in 1Q 2023). Revenue: JP¥7.60b (up 7.7% from 1Q 2023). Net income: JP¥224.0m (down 29% from 1Q 2023). Profit margin: 2.9% (down from 4.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.
Reported Earnings • Jun 02Full year 2023 earnings released: EPS: JP¥66.24 (vs JP¥193 in FY 2022)Full year 2023 results: EPS: JP¥66.24 (down from JP¥193 in FY 2022). Revenue: JP¥30.3b (up 11% from FY 2022). Net income: JP¥615.0m (down 66% from FY 2022). Profit margin: 2.0% (down from 6.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 13Full year 2023 earnings released: EPS: JP¥66.24 (vs JP¥193 in FY 2022)Full year 2023 results: EPS: JP¥66.24 (down from JP¥193 in FY 2022). Revenue: JP¥30.3b (up 11% from FY 2022). Net income: JP¥615.0m (down 66% from FY 2022). Profit margin: 2.0% (down from 6.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Feb 20Upcoming dividend of JP¥20.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
お知らせ • Jan 31MORESCO Corporation to Report Fiscal Year 2023 Results on Apr 11, 2023MORESCO Corporation announced that they will report fiscal year 2023 results on Apr 11, 2023
Reported Earnings • Jan 14Third quarter 2023 earnings released: EPS: JP¥23.30 (vs JP¥39.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.30 (down from JP¥39.55 in 3Q 2022). Revenue: JP¥7.96b (up 13% from 3Q 2022). Net income: JP¥215.0m (down 42% from 3Q 2022). Profit margin: 2.7% (down from 5.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. No independent directors (9 non-independent directors). CFO & Director Takashi Takeuchi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Oct 31MORESCO Corporation to Report Q3, 2023 Results on Jan 13, 2023MORESCO Corporation announced that they will report Q3, 2023 results on Jan 13, 2023
Reported Earnings • Oct 15Second quarter 2023 earnings released: EPS: JP¥20.11 (vs JP¥28.15 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.11 (down from JP¥28.15 in 2Q 2022). Revenue: JP¥7.47b (up 11% from 2Q 2022). Net income: JP¥187.0m (down 29% from 2Q 2022). Profit margin: 2.5% (down from 3.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Aug 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 11 November 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.7%).
お知らせ • Jul 31MORESCO Corporation to Report Q2, 2023 Results on Oct 13, 2022MORESCO Corporation announced that they will report Q2, 2023 results on Oct 13, 2022
Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥33.80 (vs JP¥117 in 1Q 2022)First quarter 2023 results: EPS: JP¥33.80 (down from JP¥117 in 1Q 2022). Revenue: JP¥7.05b (up 5.9% from 1Q 2022). Net income: JP¥317.0m (down 71% from 1Q 2022). Profit margin: 4.5% (down from 17% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Jul 14MORESCO Corporation (TSE:5018) announces an Equity Buyback for 180,000 shares, representing 1.92% for ¥216 million.MORESCO Corporation (TSE:5018) announces a share repurchase program. Under the program, the company will repurchase 180,000 shares, representing 1.92% of its share capital, for ¥216 million. The offer price is ¥1200 per share. The purpose of the program is implementation of a flexible capital policy in response to changes in the business environment. The program will expire on July 14, 2022. As of July 13, 2022, the company had 9,389,530 shares outstanding and 306,970 shares in treasury.
Reported Earnings • Jun 02Full year 2022 earnings released: EPS: JP¥193 (vs JP¥54.11 in FY 2021)Full year 2022 results: EPS: JP¥193 (up from JP¥54.11 in FY 2021). Revenue: JP¥27.3b (up 12% from FY 2021). Net income: JP¥1.81b (up 249% from FY 2021). Profit margin: 6.6% (up from 2.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • May 04MORESCO Corporation to Report Q1, 2023 Results on Jul 13, 2022MORESCO Corporation announced that they will report Q1, 2023 results on Jul 13, 2022
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). CFO & Director Takashi Takeuchi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Apr 15MORESCO Corporation, Annual General Meeting, May 27, 2022MORESCO Corporation, Annual General Meeting, May 27, 2022.
Reported Earnings • Apr 14Full year 2022 earnings released: EPS: JP¥193 (vs JP¥54.11 in FY 2021)Full year 2022 results: EPS: JP¥193 (up from JP¥54.11 in FY 2021). Revenue: JP¥27.3b (up 12% from FY 2021). Net income: JP¥1.81b (up 249% from FY 2021). Profit margin: 6.6% (up from 2.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Feb 18Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 25 February 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%).
お知らせ • Feb 02MORESCO Corporation to Report Fiscal Year 2021 Results on Apr 12, 2022MORESCO Corporation announced that they will report fiscal year 2021 results on Apr 12, 2022
Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥39.55 (down from JP¥40.92 in 3Q 2021). Revenue: JP¥7.05b (up 6.5% from 3Q 2021). Net income: JP¥371.0m (down 5.6% from 3Q 2021). Profit margin: 5.3% (down from 5.9% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 14Second quarter 2022 earnings released: EPS JP¥28.15 (vs JP¥7.60 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥6.71b (up 23% from 2Q 2021). Net income: JP¥264.0m (up JP¥337.0m from 2Q 2021). Profit margin: 3.9% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.
Upcoming Dividend • Aug 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 11 November 2021. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (2.1%).
Reported Earnings • Jul 15First quarter 2022 earnings released: EPS JP¥117 (vs JP¥1.77 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥6.66b (up 13% from 1Q 2021). Net income: JP¥1.10b (up JP¥1.11b from 1Q 2021). Profit margin: 17% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jun 02Full year 2021 earnings released: EPS JP¥54.11 (vs JP¥80.87 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥24.5b (down 9.6% from FY 2020). Net income: JP¥518.0m (down 33% from FY 2020). Profit margin: 2.1% (down from 2.9% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 15Full year 2021 earnings released: EPS JP¥54.11 (vs JP¥80.87 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥24.5b (down 9.6% from FY 2020). Net income: JP¥518.0m (down 33% from FY 2020). Profit margin: 2.1% (down from 2.9% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 04MORESCO Corporation to Report Fiscal Year 2021 Results on Apr 13, 2021MORESCO Corporation announced that they will report fiscal year 2021 results on Apr 13, 2021
Is New 90 Day High Low • Jan 28New 90-day high: JP¥1,157The company is up 20% from its price of JP¥967 on 30 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 21% over the same period.
Reported Earnings • Jan 15Third quarter 2021 earnings released: EPS JP¥40.92The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥6.62b (down 4.0% from 3Q 2020). Net income: JP¥393.0m (up 49% from 3Q 2020). Profit margin: 5.9% (up from 3.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Jan 12New 90-day high: JP¥1,067The company is up 4.0% from its price of JP¥1,026 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 17% over the same period.
お知らせ • Sep 12MORESCO Corporation to Report Q2, 2021 Results on Oct 13, 2020MORESCO Corporation announced that they will report Q2, 2021 results on Oct 13, 2020