Nippon Denko（5563）株式概要日本電工は子会社とともに、日本で合金鉄事業、機能材料事業、焼却灰資源回収事業、アクアソリューション事業、電力事業を展開している。 詳細5563 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性6/6配当金4/6報酬当社が推定した公正価値より60%で取引されている リスク分析過去5年間で収益は年間20.2%減少しました。 JP市場と比較した過去 3 か月間の株価の変動利益率(2.5%)は昨年より低い(4.4%) 不安定な配当実績 すべてのリスクチェックを見る5563 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥531.0022.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-15b98b2016201920222025202620282031Revenue JP¥97.8bEarnings JP¥2.5bAdvancedSet Fair ValueView all narrativesNippon Denko Co., Ltd. 競合他社Topy IndustriesSymbol: TSE:7231Market cap: JP¥59.2bNippon Yakin KogyoSymbol: TSE:5480Market cap: JP¥61.9bKurimotoLtdSymbol: TSE:5602Market cap: JP¥83.1bKyoei SteelSymbol: TSE:5440Market cap: JP¥79.2b価格と性能株価の高値、安値、推移の概要Nippon Denko過去の株価現在の株価JP¥531.0052週高値JP¥531.0052週安値JP¥245.00ベータ0.901ヶ月の変化25.83%3ヶ月変化19.33%1年変化109.88%3年間の変化94.51%5年間の変化64.91%IPOからの変化-12.09%最新ニュースReported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥4.50 (vs JP¥0.18 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.50 (up from JP¥0.18 in 1Q 2025). Revenue: JP¥19.4b (flat on 1Q 2025). Net income: JP¥561.0m (up JP¥536.0m from 1Q 2025). Profit margin: 2.9% (up from 0.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Declared Dividend • Apr 11Final dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is well covered by cash flows (17% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. However, EPS has declined by 8.6% over the last 5 years so the company would need to reverse this trend.New Risk • Feb 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% 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. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥10.69 (vs JP¥22.91 in FY 2024)Full year 2025 results: EPS: JP¥10.69 (down from JP¥22.91 in FY 2024). Revenue: JP¥77.3b (down 1.2% from FY 2024). Net income: JP¥1.42b (down 55% from FY 2024). Profit margin: 1.8% (down from 4.0% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Feb 12Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2026Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).最新情報をもっと見るRecent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥4.50 (vs JP¥0.18 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.50 (up from JP¥0.18 in 1Q 2025). Revenue: JP¥19.4b (flat on 1Q 2025). Net income: JP¥561.0m (up JP¥536.0m from 1Q 2025). Profit margin: 2.9% (up from 0.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Declared Dividend • Apr 11Final dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is well covered by cash flows (17% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. However, EPS has declined by 8.6% over the last 5 years so the company would need to reverse this trend.New Risk • Feb 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% 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. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥10.69 (vs JP¥22.91 in FY 2024)Full year 2025 results: EPS: JP¥10.69 (down from JP¥22.91 in FY 2024). Revenue: JP¥77.3b (down 1.2% from FY 2024). Net income: JP¥1.42b (down 55% from FY 2024). Profit margin: 1.8% (down from 4.0% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Feb 12Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2026Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).お知らせ • Dec 03Nippon Denko Co., Ltd. to Report Fiscal Year 2025 Results on Feb 12, 2026Nippon Denko Co., Ltd. announced that they will report fiscal year 2025 results on Feb 12, 2026Reported Earnings • Nov 08Third quarter 2025 earnings released: JP¥0.22 loss per share (vs JP¥7.32 profit in 3Q 2024)Third quarter 2025 results: JP¥0.22 loss per share (down from JP¥7.32 profit in 3Q 2024). Revenue: JP¥19.8b (down 1.1% from 3Q 2024). Net loss: JP¥29.0m (down 103% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.分析記事 • Nov 06We Think Nippon Denko (TSE:5563) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Declared Dividend • Sep 13First half dividend of JP¥7.00 announcedShareholders will receive a dividend of JP¥7.00. Ex-date: 29th December 2025 Payment date: 30th March 2026 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Sep 05Nippon Denko Co., Ltd. to Report Q3, 2025 Results on Nov 06, 2025Nippon Denko Co., Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025分析記事 • Aug 16What Nippon Denko Co., Ltd.'s (TSE:5563) 28% Share Price Gain Is Not Telling YouThe Nippon Denko Co., Ltd. ( TSE:5563 ) share price has done very well over the last month, posting an excellent gain...Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: JP¥3.23 (vs JP¥6.20 in 2Q 2024)Second quarter 2025 results: EPS: JP¥3.23 (down from JP¥6.20 in 2Q 2024). Revenue: JP¥18.7b (flat on 2Q 2024). Net income: JP¥443.0m (down 48% from 2Q 2024). Profit margin: 2.4% (down from 4.5% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.New Risk • Aug 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.9% Last year net profit margin: 5.6% 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 Dividend is not well covered by cash flows (91% cash payout ratio). Profit margins are more than 30% lower than last year (3.9% net profit margin).お知らせ • Aug 05Nippon Denko Co., Ltd. (TSE:5563) announces an Equity Buyback for 20,000,000 shares, representing 14.56% for ¥4,000 million.Nippon Denko Co., Ltd. (TSE:5563) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 14.56% of its share capital, for ¥4,000 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement a flexible capital policy that responds to changes in the business environment. The program will expire on March 31, 2026. As of June 30, 2025, the company had 137,381,434 shares in issue (excluding treasury stock) and 5,038 shares in treasury.Upcoming Dividend • Jun 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 43% and the cash payout ratio is 91%. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (4.0%).お知らせ • Jun 05Nippon Denko Co., Ltd. to Report Q2, 2025 Results on Aug 05, 2025Nippon Denko Co., Ltd. announced that they will report Q2, 2025 results on Aug 05, 2025分析記事 • May 10Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥5.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥5.00 on the 10th of September. This takes the dividend...Reported Earnings • May 09First quarter 2025 earnings released: EPS: JP¥0.18 (vs JP¥2.31 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥0.18 (up from JP¥2.31 loss in 1Q 2024). Revenue: JP¥19.4b (up 9.4% from 1Q 2024). Net income: JP¥25.0m (up JP¥342.0m from 1Q 2024). Profit margin: 0.1% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. 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 8% per year, which means it has not declined as severely as earnings.Declared Dividend • May 01Final dividend of JP¥4.00 announcedShareholders will receive a dividend of JP¥4.00. Ex-date: 27th June 2025 Payment date: 10th September 2025 Dividend yield will be 4.2%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 45% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥235, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total loss to shareholders of 18% over the past three years.お知らせ • Mar 06Nippon Denko Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Nippon Denko Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025お知らせ • Feb 14Nippon Denko Co., Ltd. Announces Year End Dividend for the Fiscal Year Ended December 31, 2024, Payable on March 28, 2025Nippon Denko Co., Ltd. announced year end dividend for the fiscal year ended December 31, 2024. For the year, the company announced year end dividend of JPY 7 per share compared to previous guidance of JPY 6 per share paid a year ago. Scheduled date to commence dividend payments: March 28, 2025.Reported Earnings • Feb 14Full year 2024 earnings released: EPS: JP¥22.91 (vs JP¥31.82 in FY 2023)Full year 2024 results: EPS: JP¥22.91 (down from JP¥31.82 in FY 2023). Revenue: JP¥78.2b (up 2.4% from FY 2023). Net income: JP¥3.14b (down 28% from FY 2023). Profit margin: 4.0% (down from 5.7% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Feb 12+ 1 more updateNippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2025Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2025.Upcoming Dividend • Dec 20Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (4.6%).分析記事 • Dec 05Nippon Denko (TSE:5563) Will Pay A Dividend Of ¥6.00Nippon Denko Co., Ltd. ( TSE:5563 ) has announced that it will pay a dividend of ¥6.00 per share on the 31st of March...お知らせ • Dec 05Nippon Denko Co., Ltd. to Report Fiscal Year 2024 Results on Feb 12, 2025Nippon Denko Co., Ltd. announced that they will report fiscal year 2024 results on Feb 12, 2025Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: JP¥7.32 (vs JP¥0.26 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥7.32 (up from JP¥0.26 loss in 3Q 2023). Revenue: JP¥20.0b (up 12% from 3Q 2023). Net income: JP¥1.01b (up JP¥1.04b from 3Q 2023). Profit margin: 5.0% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.分析記事 • Nov 07Nippon Denko (TSE:5563) Has Affirmed Its Dividend Of ¥6.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥6.00 on the 31st of March. This means that the annual...お知らせ • Nov 07Nippon Denko Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024Nippon Denko Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2024. For the period, the company expected net sales of ¥79,800 million, ordinary profit of ¥5,000 million, profit attributable to owners of parent of ¥3,400 million and earnings per share of ¥24.80.分析記事 • Sep 27Nippon Denko (TSE:5563) Is Paying Out A Dividend Of ¥6.00The board of Nippon Denko Co., Ltd. ( TSE:5563 ) has announced that it will pay a dividend on the 31st of March, with...分析記事 • Aug 31Nippon Denko's (TSE:5563) Dividend Will Be ¥6.00The board of Nippon Denko Co., Ltd. ( TSE:5563 ) has announced that it will pay a dividend of ¥6.00 per share on the...お知らせ • Aug 30Nippon Denko Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Nippon Denko Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024分析記事 • Aug 14Nippon Denko (TSE:5563) Will Pay A Dividend Of ¥6.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥6.00 on the 31st of March. This means that the annual...Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥6.20 (vs JP¥4.77 in 2Q 2023)Second quarter 2024 results: EPS: JP¥6.20 (up from JP¥4.77 in 2Q 2023). Revenue: JP¥18.8b (flat on 2Q 2023). Net income: JP¥851.0m (up 30% from 2Q 2023). Profit margin: 4.5% (up from 3.5% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Aug 09Nippon Denko Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2024Nippon Denko Co., Ltd. revised consolidated earnings guidance for the year ending December 31, 2024. For the period, the company expects net sales to be ¥79,800 million, ordinary profit to be ¥5,000 million, profit attributable to owners of parent to be ¥3,400 million or earnings per share to be ¥24.80. The company ordinary profit is expected to double year-on-year to ¥5.0 billion due to the price revisions and other efforts to improve profitability, as well as the impact of yen depreciation and inventory, despite the margin decline in the Ferroalloys business and higher costs in each business arising from increased labor costs and commodity prices.Declared Dividend • Aug 09Dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 56% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.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¥230, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total loss to shareholders of 16% over the past three years.お知らせ • Jun 27Nippon Denko Co., Ltd. Announces its High-Performance Vanadium Dioxide (Vo2) Latent Heat Storage Material Adopted as Device for Stabilizing the Power Supply Temperature of DENDEN-01Nippon Denko Co., Ltd. announced that the Company's high-performance vanadium dioxide (VO2) latent heat storage material was adopted as a device for stabilizing the power supply temperature of DENDEN-01, an ultra-small satellite developed by a group led by Kansai University. Satellites less than 100kg are called an ultra-small satellite, and the development and usage of CubeSats, whose standard structures are 10 cm3, is rapidly progressing. However, CubeSats are constrained by issues such as limitations on power, weight, and size, and their small heat capacity, thereby still being susceptible to abrupt temperature changes in outer space. In particular, a power supply which is one of the installed devices is extremely vulnerable to low temperatures, which significantly undermine their performance, causing malfunction to satellites. To tackle this issue and achieve a highly reliable power supply, the Company and Kansai University have jointly developed a vanadium dioxide (VO2") latent heat storage material which responds to the severe temperature changes in outer space. This material has both heat storage and releasing capabilities, and demonstrates high performance by optimizing its transition temperature and transition responsiveness. Furthermore, a novel device for stabilizing the power Supply temperature of satellites utilizing this material can expect the achievement of stable performance of a power supply by reducing the energy consumption in CubeSats when in operation and keeping the temperature of a power supply constant. This device for stabilizing the Power supply temperature of satellites will be installed in DENDEN-01, which was developed by the group led by Associate Professor Masaki Yamagata, and a demonstration experiment will be conducted in outer space.分析記事 • Jun 26Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥4.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥4.00 on the 9th of September. Based on this payment, the...Upcoming Dividend • Jun 20Upcoming dividend of JP¥4.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 09 September 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.8%).分析記事 • Jun 07Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥4.00Nippon Denko Co., Ltd.'s ( TSE:5563 ) investors are due to receive a payment of ¥4.00 per share on 9th of September...お知らせ • Jun 06Nippon Denko Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Nippon Denko Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024分析記事 • May 13Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥4.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥4.00 on the 9th of September. This takes the annual payment...Reported Earnings • May 11First quarter 2024 earnings released: JP¥2.31 loss per share (vs JP¥1.06 profit in 1Q 2023)First quarter 2024 results: JP¥2.31 loss per share (down from JP¥1.06 profit in 1Q 2023). Revenue: JP¥17.7b (down 14% from 1Q 2023). Net loss: JP¥317.0m (down 317% from profit in 1Q 2023). 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 10+ 1 more updateNippon Denko Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024Nippon Denko Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2024. The company expects net sales of ¥76,000 million and an Ordinary profit of ¥3,000 million for the year.Board Change • May 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. Outside Audit & Supervisory Board Member Hiroaki Kimura is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.分析記事 • Apr 07Earnings Troubles May Signal Larger Issues for Nippon Denko (TSE:5563) ShareholdersThe subdued market reaction suggests that Nippon Denko Co., Ltd.'s ( TSE:5563 ) recent earnings didn't contain any...お知らせ • Mar 10Nippon Denko Co., Ltd. to Report Q1, 2024 Results on May 09, 2024Nippon Denko Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024お知らせ • Feb 16Nippon Denko Co., Ltd. Announces Dividend for the Year Ended December 31, 2023, Payable on March 29, 2024Nippon Denko Co., Ltd. announced dividend of JPY 6.00 per share for the year ended December 31, 2023 against JPY 9.00 per share paid for the same period a year ago. Scheduled date to commence dividend payments: March 29, 2024.Reported Earnings • Feb 10Full year 2023 earnings released: EPS: JP¥30.42 (vs JP¥54.45 in FY 2022)Full year 2023 results: EPS: JP¥30.42 (down from JP¥54.45 in FY 2022). Revenue: JP¥76.4b (down 3.7% from FY 2022). Net income: JP¥4.18b (down 47% from FY 2022). Profit margin: 5.5% (down from 10.0% in FY 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.お知らせ • Feb 10Nippon Denko Co., Ltd., Annual General Meeting, Mar 28, 2024Nippon Denko Co., Ltd., Annual General Meeting, Mar 28, 2024.Buy Or Sell Opportunity • Feb 09Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to JP¥307. The fair value is estimated to be JP¥239, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Dec 21Upcoming dividend of JP¥4.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.7%).お知らせ • Dec 05Nippon Denko Co., Ltd. to Report Fiscal Year 2023 Results on Feb 08, 2024Nippon Denko Co., Ltd. announced that they will report fiscal year 2023 results on Feb 08, 2024お知らせ • Nov 09Nippon Denko Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023Nippon Denko Co., Ltd. provided dividend guidance for the fiscal year ending December 31, 2023. For the year, the company expects to pay dividend of JPY 4.00 per share against JPY 9.00 per share paid a year ago.Reported Earnings • Nov 08Third quarter 2023 earnings released: JP¥0.26 loss per share (vs JP¥12.88 profit in 3Q 2022)Third quarter 2023 results: JP¥0.26 loss per share (down from JP¥12.88 profit in 3Q 2022). Revenue: JP¥17.9b (down 13% from 3Q 2022). Net loss: JP¥36.0m (down 102% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 06Nippon Denko Co., Ltd. to Report Q3, 2023 Results on Nov 07, 2023Nippon Denko Co., Ltd. announced that they will report Q3, 2023 results on Nov 07, 2023Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: JP¥4.77 (vs JP¥17.02 in 2Q 2022)Second quarter 2023 results: EPS: JP¥4.77 (down from JP¥17.02 in 2Q 2022). Revenue: JP¥18.7b (flat on 2Q 2022). Net income: JP¥654.0m (down 74% from 2Q 2022). Profit margin: 3.5% (down from 13% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 22Upcoming dividend of JP¥3.00 per share at 6.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (3.7%).お知らせ • Jun 03Nippon Denko Co., Ltd. to Report Q2, 2023 Results on Aug 07, 2023Nippon Denko Co., Ltd. announced that they will report Q2, 2023 results on Aug 07, 2023Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥292, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 8x in the Metals and Mining industry in Japan. Total returns to shareholders of 117% over the past three years.Reported Earnings • May 16First quarter 2023 earnings released: EPS: JP¥1.06 (vs JP¥20.83 in 1Q 2022)First quarter 2023 results: EPS: JP¥1.06 (down from JP¥20.83 in 1Q 2022). Revenue: JP¥20.7b (up 4.8% from 1Q 2022). Net income: JP¥146.0m (down 95% from 1Q 2022). Profit margin: 0.7% (down from 16% 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 97% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 10Full year 2022 earnings released: EPS: JP¥54.45 (vs JP¥52.91 in FY 2021)Full year 2022 results: EPS: JP¥54.45 (up from JP¥52.91 in FY 2021). Revenue: JP¥79.3b (up 20% from FY 2021). Net income: JP¥7.95b (up 2.3% from FY 2021). Profit margin: 10.0% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 10Nippon Denko Co., Ltd., Annual General Meeting, Mar 30, 2023Nippon Denko Co., Ltd., Annual General Meeting, Mar 30, 2023.Upcoming Dividend • Dec 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (5.6%).お知らせ • Dec 16Nippon Denko Co., Ltd. to Report Fiscal Year 2022 Results on Feb 08, 2023Nippon Denko Co., Ltd. announced that they will report fiscal year 2022 results on Feb 08, 2023Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hokuto Nakano was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: JP¥12.88 (vs JP¥11.03 in 3Q 2021)Third quarter 2022 results: EPS: JP¥12.88 (up from JP¥11.03 in 3Q 2021). Revenue: JP¥20.5b (up 21% from 3Q 2021). Net income: JP¥1.89b (up 17% from 3Q 2021). Profit margin: 9.2% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: JP¥17.02 (vs JP¥10.53 in 2Q 2021)Second quarter 2022 results: EPS: JP¥17.02 (up from JP¥10.53 in 2Q 2021). Revenue: JP¥18.7b (up 22% from 2Q 2021). Net income: JP¥2.50b (up 62% from 2Q 2021). Profit margin: 13% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (6.1%).Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥352, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 6x in the Metals and Mining industry in Japan. Total returns to shareholders of 94% over the past three years.Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥20.83 (vs JP¥1.98 in 1Q 2021)First quarter 2022 results: EPS: JP¥20.83 (up from JP¥1.98 in 1Q 2021). Revenue: JP¥19.8b (up 27% from 1Q 2021). Net income: JP¥3.06b (up JP¥2.77b from 1Q 2021). Profit margin: 16% (up from 1.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.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. 9 experienced directors. 3 highly experienced directors. No independent directors (10 non-independent directors). Senior Managing Executive Officer, Head of Alloy Sales and Director Kozo Tahata was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Feb 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥52.91 (up from JP¥17.83 in FY 2020). Revenue: JP¥66.0b (up 22% from FY 2020). Net income: JP¥7.77b (up 197% from FY 2020). Profit margin: 12% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥4.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.6%).Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS JP¥11.03 (vs JP¥1.89 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥17.0b (up 37% from 3Q 2020). Net income: JP¥1.62b (up JP¥1.90b from 3Q 2020). Profit margin: 9.5% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥370, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 10x in the Metals and Mining industry in Japan. Total returns to shareholders of 36% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS JP¥10.53 (vs JP¥11.94 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥15.4b (up 23% from 2Q 2020). Net income: JP¥1.55b (down 12% from 2Q 2020). Profit margin: 10% (down from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • May 14First quarter 2021 earnings released: EPS JP¥1.98 (vs JP¥2.68 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: JP¥15.6b (up 4.1% from 1Q 2020). Net income: JP¥291.0m (down 26% from 1Q 2020). Profit margin: 1.9% (down from 2.6% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 03Full year 2020 earnings released: EPS JP¥17.83 (vs JP¥97.19 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥54.0b (down 23% from FY 2019). Net income: JP¥2.62b (up JP¥16.9b from FY 2019). Profit margin: 4.8% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥345, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 15x in the Metals and Mining industry in Japan. Total returns to shareholders of 7.8% over the past three years.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥326, the stock trades at a trailing P/E ratio of 18.3x, up from the previous P/E ratio of 15.9x. Average P/E is 14x in the Metals and Mining industry in Japan. Total return to shareholders over the past three years was a loss of 1.4%.Is New 90 Day High Low • Mar 12New 90-day high: JP¥317The company is up 16% from its price of JP¥274 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 17% over the same period.Reported Earnings • Feb 10Full year 2020 earnings released: EPS JP¥17.83 (vs JP¥97.19 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥54.0b (down 23% from FY 2019). Net income: JP¥2.62b (up JP¥16.9b from FY 2019). Profit margin: 4.8% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 09New 90-day high: JP¥266The company is up 29% from its price of JP¥207 on 10 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period.お知らせ • Jun 29Nippon Denko Co., Ltd. to Report Q2, 2020 Results on Aug 11, 2020Nippon Denko Co., Ltd. announced that they will report Q2, 2020 results on Aug 11, 2020株主還元5563JP Metals and MiningJP 市場7D11.1%6.3%2.7%1Y109.9%97.6%42.1%株主還元を見る業界別リターン: 5563過去 1 年間で97.6 % の収益を上げたJP Metals and Mining業界を上回りました。リターン対市場: 5563過去 1 年間で42.1 % の収益を上げたJP市場を上回りました。価格変動Is 5563's price volatile compared to industry and market?5563 volatility5563 Average Weekly Movement7.5%Metals and Mining Industry Average Movement6.2%Market Average Movement4.9%10% most volatile stocks in JP Market9.7%10% least volatile stocks in JP Market2.5%安定した株価: 5563の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 5563の weekly volatility ( 8% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1925964Yasushi Aokiwww.nippondenko.co.jp日本電工株式会社は、子会社とともに、日本国内において、合金鉄事業、機能材料事業、焼却灰資源回収事業、アクアソリューション事業、電力事業を展開している。同社は、高炭素・低炭素フェロマンガン、シロマンガン、フェロシリコンなどの合金鉄製品、倉庫業、港湾荷役業、ジルコニウム・ホウ素酸化物、金属水素化物・ホウ素合金、吸蔵合金、マンガン無機化学製品、リチウムイオン電池正極材などの機能性材料を提供している。また、エコメルトシステムやエコロックの活用、溶融固化、無害化処理・リサイクル、廃水処理装置や純水製造システムからなるアクアソリューションも提供している。また、電力事業も手掛けており、ダムや発電所の運営も行っている。日本電工株式会社は1925年に設立され、中央区に本社を置く。もっと見るNippon Denko Co., Ltd. 基礎のまとめNippon Denko の収益と売上を時価総額と比較するとどうか。5563 基礎統計学時価総額JP¥66.26b収益（TTM）JP¥1.95b売上高(TTM)JP¥77.32b33.9xPER（株価収益率0.9xP/Sレシオ5563 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計5563 損益計算書（TTM）収益JP¥77.32b売上原価JP¥63.77b売上総利益JP¥13.55bその他の費用JP¥11.60b収益JP¥1.95b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）15.66グロス・マージン17.53%純利益率2.53%有利子負債／自己資本比率17.5%5563 の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.4%現在の配当利回り73%配当性向5563 配当は確実ですか？5563 配当履歴とベンチマークを見る5563 、いつまでに購入すれば配当金を受け取れますか？Nippon Denko 配当日配当落ち日Jun 29 2026配当支払日Sep 14 2026配当落ちまでの日数33 days配当支払日までの日数110 days5563 配当は確実ですか？5563 配当履歴とベンチマークを見るView Valuation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2026/05/26 04:08終値2026/05/26 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Nippon Denko Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Syusaku NishikawaDaiwa Securities Co. Ltd.Takashi NishihiraIchiyoshi Research Institute Inc.Hikaru OginoMarusan Securities Co. Ltd.2 その他のアナリストを表示
Reported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥4.50 (vs JP¥0.18 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.50 (up from JP¥0.18 in 1Q 2025). Revenue: JP¥19.4b (flat on 1Q 2025). Net income: JP¥561.0m (up JP¥536.0m from 1Q 2025). Profit margin: 2.9% (up from 0.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Declared Dividend • Apr 11Final dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is well covered by cash flows (17% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. However, EPS has declined by 8.6% over the last 5 years so the company would need to reverse this trend.
New Risk • Feb 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% 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. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥10.69 (vs JP¥22.91 in FY 2024)Full year 2025 results: EPS: JP¥10.69 (down from JP¥22.91 in FY 2024). Revenue: JP¥77.3b (down 1.2% from FY 2024). Net income: JP¥1.42b (down 55% from FY 2024). Profit margin: 1.8% (down from 4.0% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Feb 12Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2026Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).
Reported Earnings • May 13First quarter 2026 earnings released: EPS: JP¥4.50 (vs JP¥0.18 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.50 (up from JP¥0.18 in 1Q 2025). Revenue: JP¥19.4b (flat on 1Q 2025). Net income: JP¥561.0m (up JP¥536.0m from 1Q 2025). Profit margin: 2.9% (up from 0.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Declared Dividend • Apr 11Final dividend of JP¥5.50 announcedShareholders will receive a dividend of JP¥5.50. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is well covered by cash flows (17% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. However, EPS has declined by 8.6% over the last 5 years so the company would need to reverse this trend.
New Risk • Feb 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% 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. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).
Reported Earnings • Feb 16Full year 2025 earnings released: EPS: JP¥10.69 (vs JP¥22.91 in FY 2024)Full year 2025 results: EPS: JP¥10.69 (down from JP¥22.91 in FY 2024). Revenue: JP¥77.3b (down 1.2% from FY 2024). Net income: JP¥1.42b (down 55% from FY 2024). Profit margin: 1.8% (down from 4.0% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Feb 12Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2026Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).
お知らせ • Dec 03Nippon Denko Co., Ltd. to Report Fiscal Year 2025 Results on Feb 12, 2026Nippon Denko Co., Ltd. announced that they will report fiscal year 2025 results on Feb 12, 2026
Reported Earnings • Nov 08Third quarter 2025 earnings released: JP¥0.22 loss per share (vs JP¥7.32 profit in 3Q 2024)Third quarter 2025 results: JP¥0.22 loss per share (down from JP¥7.32 profit in 3Q 2024). Revenue: JP¥19.8b (down 1.1% from 3Q 2024). Net loss: JP¥29.0m (down 103% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
分析記事 • Nov 06We Think Nippon Denko (TSE:5563) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Declared Dividend • Sep 13First half dividend of JP¥7.00 announcedShareholders will receive a dividend of JP¥7.00. Ex-date: 29th December 2025 Payment date: 30th March 2026 Dividend yield will be 3.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 05Nippon Denko Co., Ltd. to Report Q3, 2025 Results on Nov 06, 2025Nippon Denko Co., Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025
分析記事 • Aug 16What Nippon Denko Co., Ltd.'s (TSE:5563) 28% Share Price Gain Is Not Telling YouThe Nippon Denko Co., Ltd. ( TSE:5563 ) share price has done very well over the last month, posting an excellent gain...
Reported Earnings • Aug 07Second quarter 2025 earnings released: EPS: JP¥3.23 (vs JP¥6.20 in 2Q 2024)Second quarter 2025 results: EPS: JP¥3.23 (down from JP¥6.20 in 2Q 2024). Revenue: JP¥18.7b (flat on 2Q 2024). Net income: JP¥443.0m (down 48% from 2Q 2024). Profit margin: 2.4% (down from 4.5% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
New Risk • Aug 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.9% Last year net profit margin: 5.6% 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 Dividend is not well covered by cash flows (91% cash payout ratio). Profit margins are more than 30% lower than last year (3.9% net profit margin).
お知らせ • Aug 05Nippon Denko Co., Ltd. (TSE:5563) announces an Equity Buyback for 20,000,000 shares, representing 14.56% for ¥4,000 million.Nippon Denko Co., Ltd. (TSE:5563) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 14.56% of its share capital, for ¥4,000 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement a flexible capital policy that responds to changes in the business environment. The program will expire on March 31, 2026. As of June 30, 2025, the company had 137,381,434 shares in issue (excluding treasury stock) and 5,038 shares in treasury.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 43% and the cash payout ratio is 91%. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (4.0%).
お知らせ • Jun 05Nippon Denko Co., Ltd. to Report Q2, 2025 Results on Aug 05, 2025Nippon Denko Co., Ltd. announced that they will report Q2, 2025 results on Aug 05, 2025
分析記事 • May 10Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥5.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥5.00 on the 10th of September. This takes the dividend...
Reported Earnings • May 09First quarter 2025 earnings released: EPS: JP¥0.18 (vs JP¥2.31 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥0.18 (up from JP¥2.31 loss in 1Q 2024). Revenue: JP¥19.4b (up 9.4% from 1Q 2024). Net income: JP¥25.0m (up JP¥342.0m from 1Q 2024). Profit margin: 0.1% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. 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 8% per year, which means it has not declined as severely as earnings.
Declared Dividend • May 01Final dividend of JP¥4.00 announcedShareholders will receive a dividend of JP¥4.00. Ex-date: 27th June 2025 Payment date: 10th September 2025 Dividend yield will be 4.2%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 45% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥235, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total loss to shareholders of 18% over the past three years.
お知らせ • Mar 06Nippon Denko Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Nippon Denko Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025
お知らせ • Feb 14Nippon Denko Co., Ltd. Announces Year End Dividend for the Fiscal Year Ended December 31, 2024, Payable on March 28, 2025Nippon Denko Co., Ltd. announced year end dividend for the fiscal year ended December 31, 2024. For the year, the company announced year end dividend of JPY 7 per share compared to previous guidance of JPY 6 per share paid a year ago. Scheduled date to commence dividend payments: March 28, 2025.
Reported Earnings • Feb 14Full year 2024 earnings released: EPS: JP¥22.91 (vs JP¥31.82 in FY 2023)Full year 2024 results: EPS: JP¥22.91 (down from JP¥31.82 in FY 2023). Revenue: JP¥78.2b (up 2.4% from FY 2023). Net income: JP¥3.14b (down 28% from FY 2023). Profit margin: 4.0% (down from 5.7% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 12+ 1 more updateNippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2025Nippon Denko Co., Ltd., Annual General Meeting, Mar 27, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (4.6%).
分析記事 • Dec 05Nippon Denko (TSE:5563) Will Pay A Dividend Of ¥6.00Nippon Denko Co., Ltd. ( TSE:5563 ) has announced that it will pay a dividend of ¥6.00 per share on the 31st of March...
お知らせ • Dec 05Nippon Denko Co., Ltd. to Report Fiscal Year 2024 Results on Feb 12, 2025Nippon Denko Co., Ltd. announced that they will report fiscal year 2024 results on Feb 12, 2025
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: JP¥7.32 (vs JP¥0.26 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥7.32 (up from JP¥0.26 loss in 3Q 2023). Revenue: JP¥20.0b (up 12% from 3Q 2023). Net income: JP¥1.01b (up JP¥1.04b from 3Q 2023). Profit margin: 5.0% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
分析記事 • Nov 07Nippon Denko (TSE:5563) Has Affirmed Its Dividend Of ¥6.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥6.00 on the 31st of March. This means that the annual...
お知らせ • Nov 07Nippon Denko Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024Nippon Denko Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2024. For the period, the company expected net sales of ¥79,800 million, ordinary profit of ¥5,000 million, profit attributable to owners of parent of ¥3,400 million and earnings per share of ¥24.80.
分析記事 • Sep 27Nippon Denko (TSE:5563) Is Paying Out A Dividend Of ¥6.00The board of Nippon Denko Co., Ltd. ( TSE:5563 ) has announced that it will pay a dividend on the 31st of March, with...
分析記事 • Aug 31Nippon Denko's (TSE:5563) Dividend Will Be ¥6.00The board of Nippon Denko Co., Ltd. ( TSE:5563 ) has announced that it will pay a dividend of ¥6.00 per share on the...
お知らせ • Aug 30Nippon Denko Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Nippon Denko Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024
分析記事 • Aug 14Nippon Denko (TSE:5563) Will Pay A Dividend Of ¥6.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥6.00 on the 31st of March. This means that the annual...
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥6.20 (vs JP¥4.77 in 2Q 2023)Second quarter 2024 results: EPS: JP¥6.20 (up from JP¥4.77 in 2Q 2023). Revenue: JP¥18.8b (flat on 2Q 2023). Net income: JP¥851.0m (up 30% from 2Q 2023). Profit margin: 4.5% (up from 3.5% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 09Nippon Denko Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2024Nippon Denko Co., Ltd. revised consolidated earnings guidance for the year ending December 31, 2024. For the period, the company expects net sales to be ¥79,800 million, ordinary profit to be ¥5,000 million, profit attributable to owners of parent to be ¥3,400 million or earnings per share to be ¥24.80. The company ordinary profit is expected to double year-on-year to ¥5.0 billion due to the price revisions and other efforts to improve profitability, as well as the impact of yen depreciation and inventory, despite the margin decline in the Ferroalloys business and higher costs in each business arising from increased labor costs and commodity prices.
Declared Dividend • Aug 09Dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 56% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
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¥230, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total loss to shareholders of 16% over the past three years.
お知らせ • Jun 27Nippon Denko Co., Ltd. Announces its High-Performance Vanadium Dioxide (Vo2) Latent Heat Storage Material Adopted as Device for Stabilizing the Power Supply Temperature of DENDEN-01Nippon Denko Co., Ltd. announced that the Company's high-performance vanadium dioxide (VO2) latent heat storage material was adopted as a device for stabilizing the power supply temperature of DENDEN-01, an ultra-small satellite developed by a group led by Kansai University. Satellites less than 100kg are called an ultra-small satellite, and the development and usage of CubeSats, whose standard structures are 10 cm3, is rapidly progressing. However, CubeSats are constrained by issues such as limitations on power, weight, and size, and their small heat capacity, thereby still being susceptible to abrupt temperature changes in outer space. In particular, a power supply which is one of the installed devices is extremely vulnerable to low temperatures, which significantly undermine their performance, causing malfunction to satellites. To tackle this issue and achieve a highly reliable power supply, the Company and Kansai University have jointly developed a vanadium dioxide (VO2") latent heat storage material which responds to the severe temperature changes in outer space. This material has both heat storage and releasing capabilities, and demonstrates high performance by optimizing its transition temperature and transition responsiveness. Furthermore, a novel device for stabilizing the power Supply temperature of satellites utilizing this material can expect the achievement of stable performance of a power supply by reducing the energy consumption in CubeSats when in operation and keeping the temperature of a power supply constant. This device for stabilizing the Power supply temperature of satellites will be installed in DENDEN-01, which was developed by the group led by Associate Professor Masaki Yamagata, and a demonstration experiment will be conducted in outer space.
分析記事 • Jun 26Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥4.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥4.00 on the 9th of September. Based on this payment, the...
Upcoming Dividend • Jun 20Upcoming dividend of JP¥4.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 09 September 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.8%).
分析記事 • Jun 07Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥4.00Nippon Denko Co., Ltd.'s ( TSE:5563 ) investors are due to receive a payment of ¥4.00 per share on 9th of September...
お知らせ • Jun 06Nippon Denko Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Nippon Denko Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024
分析記事 • May 13Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥4.00Nippon Denko Co., Ltd. ( TSE:5563 ) will pay a dividend of ¥4.00 on the 9th of September. This takes the annual payment...
Reported Earnings • May 11First quarter 2024 earnings released: JP¥2.31 loss per share (vs JP¥1.06 profit in 1Q 2023)First quarter 2024 results: JP¥2.31 loss per share (down from JP¥1.06 profit in 1Q 2023). Revenue: JP¥17.7b (down 14% from 1Q 2023). Net loss: JP¥317.0m (down 317% from profit in 1Q 2023). 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 10+ 1 more updateNippon Denko Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024Nippon Denko Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2024. The company expects net sales of ¥76,000 million and an Ordinary profit of ¥3,000 million for the year.
Board Change • May 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. Outside Audit & Supervisory Board Member Hiroaki Kimura is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
分析記事 • Apr 07Earnings Troubles May Signal Larger Issues for Nippon Denko (TSE:5563) ShareholdersThe subdued market reaction suggests that Nippon Denko Co., Ltd.'s ( TSE:5563 ) recent earnings didn't contain any...
お知らせ • Mar 10Nippon Denko Co., Ltd. to Report Q1, 2024 Results on May 09, 2024Nippon Denko Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024
お知らせ • Feb 16Nippon Denko Co., Ltd. Announces Dividend for the Year Ended December 31, 2023, Payable on March 29, 2024Nippon Denko Co., Ltd. announced dividend of JPY 6.00 per share for the year ended December 31, 2023 against JPY 9.00 per share paid for the same period a year ago. Scheduled date to commence dividend payments: March 29, 2024.
Reported Earnings • Feb 10Full year 2023 earnings released: EPS: JP¥30.42 (vs JP¥54.45 in FY 2022)Full year 2023 results: EPS: JP¥30.42 (down from JP¥54.45 in FY 2022). Revenue: JP¥76.4b (down 3.7% from FY 2022). Net income: JP¥4.18b (down 47% from FY 2022). Profit margin: 5.5% (down from 10.0% in FY 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Feb 10Nippon Denko Co., Ltd., Annual General Meeting, Mar 28, 2024Nippon Denko Co., Ltd., Annual General Meeting, Mar 28, 2024.
Buy Or Sell Opportunity • Feb 09Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to JP¥307. The fair value is estimated to be JP¥239, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥4.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.7%).
お知らせ • Dec 05Nippon Denko Co., Ltd. to Report Fiscal Year 2023 Results on Feb 08, 2024Nippon Denko Co., Ltd. announced that they will report fiscal year 2023 results on Feb 08, 2024
お知らせ • Nov 09Nippon Denko Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023Nippon Denko Co., Ltd. provided dividend guidance for the fiscal year ending December 31, 2023. For the year, the company expects to pay dividend of JPY 4.00 per share against JPY 9.00 per share paid a year ago.
Reported Earnings • Nov 08Third quarter 2023 earnings released: JP¥0.26 loss per share (vs JP¥12.88 profit in 3Q 2022)Third quarter 2023 results: JP¥0.26 loss per share (down from JP¥12.88 profit in 3Q 2022). Revenue: JP¥17.9b (down 13% from 3Q 2022). Net loss: JP¥36.0m (down 102% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 06Nippon Denko Co., Ltd. to Report Q3, 2023 Results on Nov 07, 2023Nippon Denko Co., Ltd. announced that they will report Q3, 2023 results on Nov 07, 2023
Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: JP¥4.77 (vs JP¥17.02 in 2Q 2022)Second quarter 2023 results: EPS: JP¥4.77 (down from JP¥17.02 in 2Q 2022). Revenue: JP¥18.7b (flat on 2Q 2022). Net income: JP¥654.0m (down 74% from 2Q 2022). Profit margin: 3.5% (down from 13% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥3.00 per share at 6.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (3.7%).
お知らせ • Jun 03Nippon Denko Co., Ltd. to Report Q2, 2023 Results on Aug 07, 2023Nippon Denko Co., Ltd. announced that they will report Q2, 2023 results on Aug 07, 2023
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥292, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 8x in the Metals and Mining industry in Japan. Total returns to shareholders of 117% over the past three years.
Reported Earnings • May 16First quarter 2023 earnings released: EPS: JP¥1.06 (vs JP¥20.83 in 1Q 2022)First quarter 2023 results: EPS: JP¥1.06 (down from JP¥20.83 in 1Q 2022). Revenue: JP¥20.7b (up 4.8% from 1Q 2022). Net income: JP¥146.0m (down 95% from 1Q 2022). Profit margin: 0.7% (down from 16% 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 97% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 10Full year 2022 earnings released: EPS: JP¥54.45 (vs JP¥52.91 in FY 2021)Full year 2022 results: EPS: JP¥54.45 (up from JP¥52.91 in FY 2021). Revenue: JP¥79.3b (up 20% from FY 2021). Net income: JP¥7.95b (up 2.3% from FY 2021). Profit margin: 10.0% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 10Nippon Denko Co., Ltd., Annual General Meeting, Mar 30, 2023Nippon Denko Co., Ltd., Annual General Meeting, Mar 30, 2023.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (5.6%).
お知らせ • Dec 16Nippon Denko Co., Ltd. to Report Fiscal Year 2022 Results on Feb 08, 2023Nippon Denko Co., Ltd. announced that they will report fiscal year 2022 results on Feb 08, 2023
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Hokuto Nakano was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: JP¥12.88 (vs JP¥11.03 in 3Q 2021)Third quarter 2022 results: EPS: JP¥12.88 (up from JP¥11.03 in 3Q 2021). Revenue: JP¥20.5b (up 21% from 3Q 2021). Net income: JP¥1.89b (up 17% from 3Q 2021). Profit margin: 9.2% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: JP¥17.02 (vs JP¥10.53 in 2Q 2021)Second quarter 2022 results: EPS: JP¥17.02 (up from JP¥10.53 in 2Q 2021). Revenue: JP¥18.7b (up 22% from 2Q 2021). Net income: JP¥2.50b (up 62% from 2Q 2021). Profit margin: 13% (up from 10% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (6.1%).
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥352, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 6x in the Metals and Mining industry in Japan. Total returns to shareholders of 94% over the past three years.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥20.83 (vs JP¥1.98 in 1Q 2021)First quarter 2022 results: EPS: JP¥20.83 (up from JP¥1.98 in 1Q 2021). Revenue: JP¥19.8b (up 27% from 1Q 2021). Net income: JP¥3.06b (up JP¥2.77b from 1Q 2021). Profit margin: 16% (up from 1.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
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. 9 experienced directors. 3 highly experienced directors. No independent directors (10 non-independent directors). Senior Managing Executive Officer, Head of Alloy Sales and Director Kozo Tahata was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Feb 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥52.91 (up from JP¥17.83 in FY 2020). Revenue: JP¥66.0b (up 22% from FY 2020). Net income: JP¥7.77b (up 197% from FY 2020). Profit margin: 12% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥4.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.6%).
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS JP¥11.03 (vs JP¥1.89 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥17.0b (up 37% from 3Q 2020). Net income: JP¥1.62b (up JP¥1.90b from 3Q 2020). Profit margin: 9.5% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥370, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 10x in the Metals and Mining industry in Japan. Total returns to shareholders of 36% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS JP¥10.53 (vs JP¥11.94 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥15.4b (up 23% from 2Q 2020). Net income: JP¥1.55b (down 12% from 2Q 2020). Profit margin: 10% (down from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • May 14First quarter 2021 earnings released: EPS JP¥1.98 (vs JP¥2.68 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: JP¥15.6b (up 4.1% from 1Q 2020). Net income: JP¥291.0m (down 26% from 1Q 2020). Profit margin: 1.9% (down from 2.6% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 03Full year 2020 earnings released: EPS JP¥17.83 (vs JP¥97.19 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥54.0b (down 23% from FY 2019). Net income: JP¥2.62b (up JP¥16.9b from FY 2019). Profit margin: 4.8% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥345, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 15x in the Metals and Mining industry in Japan. Total returns to shareholders of 7.8% over the past three years.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥326, the stock trades at a trailing P/E ratio of 18.3x, up from the previous P/E ratio of 15.9x. Average P/E is 14x in the Metals and Mining industry in Japan. Total return to shareholders over the past three years was a loss of 1.4%.
Is New 90 Day High Low • Mar 12New 90-day high: JP¥317The company is up 16% from its price of JP¥274 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 17% over the same period.
Reported Earnings • Feb 10Full year 2020 earnings released: EPS JP¥17.83 (vs JP¥97.19 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥54.0b (down 23% from FY 2019). Net income: JP¥2.62b (up JP¥16.9b from FY 2019). Profit margin: 4.8% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 09New 90-day high: JP¥266The company is up 29% from its price of JP¥207 on 10 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period.
お知らせ • Jun 29Nippon Denko Co., Ltd. to Report Q2, 2020 Results on Aug 11, 2020Nippon Denko Co., Ltd. announced that they will report Q2, 2020 results on Aug 11, 2020
