View ValuationDowa Holdings 将来の成長Future 基準チェック /06Dowa Holdingsの収益は年間1.5%で減少すると予測されていますが、年間収益は年間3.4%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に11.3% 2.3%なると予測されています。主要情報-1.5%収益成長率-2.29%EPS成長率Metals and Mining 収益成長5.1%収益成長率3.4%将来の株主資本利益率11.29%アナリストカバレッジGood最終更新日10 Aug 2026今後の成長に関する最新情報Price Target Changed • Mar 31Price target increased by 7.2% to JP¥9,840Up from JP¥9,183, the current price target is an average from 7 analysts. New target price is 13% above last closing price of JP¥8,735. Stock is up 88% over the past year. The company is forecast to post earnings per share of JP¥917 for next year compared to JP¥456 last year.Major Estimate Revision • Mar 03Consensus EPS estimates increase by 40%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥652 to JP¥911. Net income forecast to grow 109% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥7,469 to JP¥8,069. Share price rose 4.2% to JP¥11,030 over the past week.Major Estimate Revision • Feb 27Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥557 to JP¥631. Net income forecast to grow 91% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥7,469 unchanged from last update. Share price rose 14% to JP¥11,510 over the past week.分析記事 • Feb 13Dowa Holdings Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for Dowa Holdings Co., Ltd. ( TSE:5714 ), which a week ago released some...Price Target Changed • Dec 13Price target increased by 7.9% to JP¥5,826Up from JP¥5,397, the current price target is an average from 7 analysts. New target price is 14% below last closing price of JP¥6,736. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥517 for next year compared to JP¥456 last year.Price Target Changed • Dec 10Price target increased by 8.8% to JP¥5,669Up from JP¥5,211, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥6,500. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥507 for next year compared to JP¥456 last year.すべての更新を表示Recent updatesReported Earnings • Aug 08First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: JP¥396 (up from JP¥107 in 1Q 2026). Revenue: JP¥253.4b (up 58% from 1Q 2026). Net income: JP¥23.5b (up 266% from 1Q 2026). Profit margin: 9.3% (up from 4.0% in 1Q 2026). Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 76%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.分析記事 • May 21Impressive Earnings May Not Tell The Whole Story For Dowa Holdings (TSE:5714)Dowa Holdings Co., Ltd. ( TSE:5714 ) just reported some strong earnings, and the market reacted accordingly with a...ライブニュース • May 17Dowa Holdings Projects Higher Dividend Backed by Record Profits and Stake Sale ProceedsDowa Holdings lifted its 2026 annual dividend forecast to ¥368 per share, supported in part by proceeds from a partial sale of its stake in Fujita Kanko Inc. The higher dividend follows record fiscal 2025 profits, supported by metal prices and demand related to AI servers. The company also announced a larger dividend and a share buyback plan alongside improved profitability in electronic materials and sales to information and communication sectors. The combination of record profits, a higher dividend forecast and share buybacks points to a period where management is prioritising shareholder returns funded by both operating performance and asset sales. Investors may want to consider how much of the recent strength is tied to metal price levels and AI-related demand, as a change in either could affect earnings and the sustainability of current capital return policies.Reported Earnings • May 16Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥1,050 (up from JP¥456 in FY 2025). Revenue: JP¥745.4b (up 9.8% from FY 2025). Net income: JP¥62.5b (up 130% from FY 2025). Profit margin: 8.4% (up from 4.0% in FY 2025). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026.New Risk • May 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥12,060, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Metals and Mining industry in Japan. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,084 per share.お知らせ • Apr 03+ 2 more updatesDowa Holdings Co., Ltd. to Report Q3, 2027 Results on Feb 09, 2027Dowa Holdings Co., Ltd. announced that they will report Q3, 2027 results on Feb 09, 2027Price Target Changed • Mar 31Price target increased by 7.2% to JP¥9,840Up from JP¥9,183, the current price target is an average from 7 analysts. New target price is 13% above last closing price of JP¥8,735. Stock is up 88% over the past year. The company is forecast to post earnings per share of JP¥917 for next year compared to JP¥456 last year.New Risk • Mar 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.Upcoming Dividend • Mar 23Upcoming dividend of JP¥318 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).Major Estimate Revision • Mar 03Consensus EPS estimates increase by 40%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥652 to JP¥911. Net income forecast to grow 109% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥7,469 to JP¥8,069. Share price rose 4.2% to JP¥11,030 over the past week.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥11,805, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Metals and Mining industry in Japan. Total returns to shareholders of 182% over the past three years.Major Estimate Revision • Feb 27Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥557 to JP¥631. Net income forecast to grow 91% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥7,469 unchanged from last update. Share price rose 14% to JP¥11,510 over the past week.お知らせ • Feb 17Dowa Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Dowa Holdings Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026分析記事 • Feb 13Dowa Holdings Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for Dowa Holdings Co., Ltd. ( TSE:5714 ), which a week ago released some...Reported Earnings • Feb 11Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥83.06 (up from JP¥54.95 in 3Q 2025). Revenue: JP¥181.5b (up 10% from 3Q 2025). Net income: JP¥4.95b (up 51% from 3Q 2025). Profit margin: 2.7% (up from 2.0% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.分析記事 • Feb 10Dowa Holdings' (TSE:5714) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that it will be paying its dividend of ¥183.00 on the...お知らせ • Feb 10+ 1 more updateNSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion.NSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion on February 10, 2026. A cash consideration of ¥38.99 billion will be paid by NSSK-GAMMA2 G.K. Post transaction Dowa Holdings will hold 6.83% in Fujita Kanko. NSSK-GAMMA2 G.K. completed the acquisition of 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) on February 10, 2026.分析記事 • Jan 08Dowa Holdings (TSE:5714) Will Pay A Larger Dividend Than Last Year At ¥183.00Dowa Holdings Co., Ltd. ( TSE:5714 ) will increase its dividend from last year's comparable payment on the 13th of June...Declared Dividend • Jan 08Dividend of JP¥183 announcedShareholders will receive a dividend of JP¥183. Ex-date: 30th March 2026 Payment date: 13th June 2026 Dividend yield will be 2.3%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 07Dowa Holdings Co., Ltd. announces Annual dividend, payable on June 13, 2026Dowa Holdings Co., Ltd. announced Annual dividend of JPY 183.0000 per share payable on June 13, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.New Risk • Jan 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin).分析記事 • Dec 24Why Investors Shouldn't Be Surprised By Dowa Holdings Co., Ltd.'s (TSE:5714) 25% Share Price SurgeDespite an already strong run, Dowa Holdings Co., Ltd. ( TSE:5714 ) shares have been powering on, with a gain of 25% in...Price Target Changed • Dec 13Price target increased by 7.9% to JP¥5,826Up from JP¥5,397, the current price target is an average from 7 analysts. New target price is 14% below last closing price of JP¥6,736. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥517 for next year compared to JP¥456 last year.Price Target Changed • Dec 10Price target increased by 8.8% to JP¥5,669Up from JP¥5,211, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥6,500. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥507 for next year compared to JP¥456 last year.Price Target Changed • Dec 03Price target increased by 8.0% to JP¥5,397Up from JP¥4,997, the current price target is an average from 7 analysts. New target price is 11% below last closing price of JP¥6,042. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥494 for next year compared to JP¥456 last year.分析記事 • Nov 19Dowa Holdings' (TSE:5714) Conservative Accounting Might Explain Soft EarningsThe market was pleased with the recent earnings report from Dowa Holdings Co., Ltd. ( TSE:5714 ), despite the profit...Major Estimate Revision • Nov 19Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥681.2b to JP¥671.4b. EPS estimate rose from JP¥434 to JP¥488. Net income forecast to grow 43% next year vs 7.5% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥4,997 to JP¥5,211. Share price was steady at JP¥5,840 over the past week.分析記事 • Nov 14Dowa Holdings Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a pretty great week for Dowa Holdings Co., Ltd. ( TSE:5714 ) shareholders, with its shares surging 10% to...Reported Earnings • Nov 14Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥121 (down from JP¥147 in 2Q 2025). Revenue: JP¥157.1b (down 4.0% from 2Q 2025). Net income: JP¥7.22b (down 17% from 2Q 2025). Profit margin: 4.6% (down from 5.3% in 2Q 2025). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Nov 12+ 1 more updateDowa Holdings Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. revised dividend guidance for the fiscal year ending March 31, 2026. For the year, the company now expects dividend of JPY 183.00 per share compared to previous guidance of JPY 159.00 per share. Reasons for the Revisions: The Company's dividend policy for the period covered by the "Medium-Term Plan 2027" (fiscal years ending March 2026 to March 2028) is set as "a dividend payout ratio of 35% or JPY 150 per share, whichever is higher." In line with the revision of the consolidated financial result forecasts for the full fiscal year ending March 31, 2026, the annual dividends for the current fiscal year has been increased by JPY 24 per share from the dividends forecasts of JPY 159 per share (announced on May 13, 2025) to JPY 183 per share.分析記事 • Oct 27Does Dowa Holdings (TSE:5714) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Aug 09First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥107 (down from JP¥198 in 1Q 2025). Revenue: JP¥160.1b (down 15% from 1Q 2025). Net income: JP¥6.40b (down 46% from 1Q 2025). Profit margin: 4.0% (down from 6.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% 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.分析記事 • Jul 24Is Dowa Holdings (TSE:5714) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Jun 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥456 (down from JP¥468 in FY 2024). Revenue: JP¥678.7b (down 5.4% from FY 2024). Net income: JP¥27.1b (down 2.6% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Japan. 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 1% per year, which means it is well ahead of earnings.分析記事 • Jun 23Improved Earnings Required Before Dowa Holdings Co., Ltd. (TSE:5714) Shares Find Their FeetDowa Holdings Co., Ltd.'s ( TSE:5714 ) price-to-earnings (or "P/E") ratio of 9.8x might make it look like a buy right...分析記事 • May 20Dowa Holdings' (TSE:5714) Conservative Accounting Might Explain Soft EarningsThe market for Dowa Holdings Co., Ltd.'s ( TSE:5714 ) shares didn't move much after it posted weak earnings recently...お知らせ • May 16Dowa Holdings Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2025, Payable on June 13, 2025; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. announced dividend of JPY 150.00 per share for the fiscal year ended March 31, 2025 as compared to dividend of JPY 130.00 per share a year ago. Scheduled date to commence dividend payments: June 13, 2025. For the fiscal year ending March 31, 2026, the company expected dividend of JPY 159.00 per share as compared to JPY 150.00 per share a year ago.Reported Earnings • May 15Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥456 (down from JP¥468 in FY 2024). Revenue: JP¥678.7b (down 5.4% from FY 2024). Net income: JP¥27.1b (down 2.6% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • May 13+ 1 more updateDowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025.分析記事 • May 12Returns On Capital At Dowa Holdings (TSE:5714) Have Hit The BrakesIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Upcoming Dividend • Mar 21Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 14 June 2025. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.1%).分析記事 • Mar 19Dowa Holdings (TSE:5714) Is Paying Out A Larger Dividend Than Last YearDowa Holdings Co., Ltd. ( TSE:5714 ) has announced that it will be increasing its periodic dividend on the 14th of June...お知らせ • Mar 18+ 2 more updatesDowa Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Dowa Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025分析記事 • Mar 05Dowa Holdings (TSE:5714) Is Increasing Its Dividend To ¥150.00The board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that the dividend on 14th of June will be increased to...お知らせ • Mar 05Dowa Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Dowa Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025分析記事 • Feb 14Dowa Holdings (TSE:5714) Is Paying Out A Larger Dividend Than Last YearThe board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that the dividend on 14th of June will be increased to...Reported Earnings • Feb 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥54.95 (down from JP¥182 in 3Q 2024). Revenue: JP¥164.7b (down 9.0% from 3Q 2024). Net income: JP¥3.27b (down 70% from 3Q 2024). Profit margin: 2.0% (down from 6.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 58%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% 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.分析記事 • Jan 22Benign Growth For Dowa Holdings Co., Ltd. (TSE:5714) Underpins Its Share PriceDowa Holdings Co., Ltd.'s ( TSE:5714 ) price-to-earnings (or "P/E") ratio of 7.8x might make it look like a buy right...Declared Dividend • Jan 06Dividend of JP¥130 announcedShareholders will receive a dividend of JP¥130. Ex-date: 28th March 2025 Payment date: 14th June 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.0% over the next 3 years. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range.分析記事 • Dec 18The Return Trends At Dowa Holdings (TSE:5714) Look PromisingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...New Risk • Nov 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 13Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: JP¥147 (up from JP¥89.57 in 2Q 2024). Revenue: JP¥163.6b (down 9.0% from 2Q 2024). Net income: JP¥8.74b (up 64% from 2Q 2024). Profit margin: 5.3% (up from 3.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has remained flat, which means it is well ahead of earnings.分析記事 • Oct 18Dowa Holdings Co., Ltd.'s (TSE:5714) Shares Lagging The Market But So Is The BusinessWith a price-to-earnings (or "P/E") ratio of 9.7x Dowa Holdings Co., Ltd. ( TSE:5714 ) may be sending bullish signals...分析記事 • Sep 04Is Dowa Holdings (TSE:5714) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Aug 13First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: JP¥198 (up from JP¥132 in 1Q 2024). Revenue: JP¥189.0b (down 1.0% from 1Q 2024). Net income: JP¥11.8b (up 50% from 1Q 2024). Profit margin: 6.2% (up from 4.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) exceeded analyst estimates by 32%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥4,324, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Metals and Mining industry in Japan. Total returns to shareholders of 7.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,171 per share.分析記事 • Aug 01Returns On Capital At Dowa Holdings (TSE:5714) Have StalledIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...お知らせ • Jun 27+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Dowa Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025分析記事 • May 21Dowa Holdings (TSE:5714) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereDowa Holdings Co., Ltd.'s ( TSE:5714 ) solid earnings announcement recently didn't do much to the stock price. Our...お知らせ • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024.Reported Earnings • May 12Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥468 (up from JP¥421 in FY 2023). Revenue: JP¥717.2b (down 8.1% from FY 2023). Net income: JP¥27.9b (up 11% from FY 2023). Profit margin: 3.9% (up from 3.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 3.5%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.分析記事 • Apr 30Dowa Holdings (TSE:5714) Has More To Do To Multiply In Value Going ForwardIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...お知らせ • Mar 28Dowa Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Dowa Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.5%).Major Estimate Revision • Mar 05Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥389 to JP¥431. Revenue forecast steady at JP¥700.0b. Net income forecast to grow 19% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target broadly unchanged at JP¥4,517. Share price was steady at JP¥5,187 over the past week.Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥182 (up from JP¥76.20 in 3Q 2023). Revenue: JP¥180.9b (down 5.3% from 3Q 2023). Net income: JP¥10.8b (up 139% from 3Q 2023). Profit margin: 6.0% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Nov 11Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥89.57 (down from JP¥163 in 2Q 2023). Revenue: JP¥179.8b (down 6.3% from 2Q 2023). Net income: JP¥5.33b (down 45% from 2Q 2023). Profit margin: 3.0% (down from 5.0% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%. Revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).Reported Earnings • Aug 10First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: JP¥132 (down from JP¥220 in 1Q 2023). Revenue: JP¥191.0b (down 9.0% from 1Q 2023). Net income: JP¥7.85b (down 40% from 1Q 2023). Profit margin: 4.1% (down from 6.2% in 1Q 2023). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 4.9%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.お知らせ • Jul 15+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Dowa Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024Major Estimate Revision • Jun 16Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥708.1b to JP¥686.8b. EPS estimate also fell from JP¥483 per share to JP¥406 per share. Net income forecast to shrink 3.5% next year vs 11% decline forecast for Metals and Mining industry in Japan. Consensus price target broadly unchanged at JP¥4,503. Share price rose 3.4% to JP¥4,579 over the past week.お知らせ • Jun 01Dowa Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023Dowa Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023Buying Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥5,074, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 0.002% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period.お知らせ • May 17Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023.Reported Earnings • May 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥421 (down from JP¥857 in FY 2022). Revenue: JP¥780.1b (down 6.2% from FY 2022). Net income: JP¥25.0b (down 51% from FY 2022). Profit margin: 3.2% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥105 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%).Reported Earnings • Feb 12Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥76.19 (down from JP¥193 in 3Q 2022). Revenue: JP¥191.1b (up 1.3% from 3Q 2022). Net income: JP¥4.54b (down 61% from 3Q 2022). Profit margin: 2.4% (down from 6.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 54%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to stay flat during the next 3 years compared to a 1.1% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. 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 13Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 17Now 20% undervaluedOver the last 90 days, the stock is up 8.0%. The fair value is estimated to be JP¥6,226, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings is forecast to decline by 0.2% per annum over the same time period.Buying Opportunity • Sep 22Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be JP¥6,709, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is forecast to decline by 0.8% per annum over the same time period.Major Estimate Revision • Sep 10Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast fell from JP¥875.4b to JP¥843.3b. EPS estimate rose from JP¥676 to JP¥744. Net income forecast to shrink 2.3% next year vs 13% decline forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥5,160 to JP¥5,351. Share price rose 8.5% to JP¥5,500 over the past week.Reported Earnings • Aug 12First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: JP¥220 (down from JP¥335 in 1Q 2022). Revenue: JP¥209.9b (up 1.0% from 1Q 2022). Net income: JP¥13.1b (down 35% from 1Q 2022). Profit margin: 6.2% (down from 9.6% in 1Q 2022). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 44%. Over the next year, revenue is forecast to grow 5.2%, compared to a 2,013% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jun 15Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥842.5b to JP¥882.0b. EPS estimate fell from JP¥725 to JP¥644 per share. Net income forecast to shrink 25% next year vs 20% decline forecast for Metals and Mining industry in Japan. Consensus price target down from JP¥5,864 to JP¥5,731. Share price fell 5.6% to JP¥4,555 over the past week.Reported Earnings • May 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥857 (up from JP¥368 in FY 2021). Revenue: JP¥831.8b (up 42% from FY 2021). Net income: JP¥51.0b (up 134% from FY 2021). Profit margin: 6.1% (up from 3.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Over the next year, revenue is forecast to stay flat compared to a 4.2% growth forecast for the mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.業績と収益の成長予測TSE:5714 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029973,18765,11813,533N/A53/31/2028931,02360,20726,487N/A73/31/2027940,42759,534-41,133N/A56/30/2026838,67679,509N/AN/AN/A3/31/2026745,41062,458-29,9355,241N/A12/31/2025660,14221,908N/AN/AN/A9/30/2025643,26720,233-7,53535,198N/A6/30/2025649,80721,748N/AN/AN/A3/31/2025678,67227,128-34,35012,827N/A12/31/2024682,77127,625N/AN/AN/A9/30/2024699,02835,188-18,31522,488N/A6/30/2024715,22731,781N/AN/AN/A3/31/2024717,19427,85380,273118,630N/A12/31/2023738,80221,790N/AN/AN/A9/30/2023748,99315,49082,752117,681N/A6/30/2023761,08819,831N/AN/AN/A3/31/2023780,06025,04117,64950,725N/A12/31/2022812,79534,180N/AN/AN/A9/30/2022810,35741,15138,12970,279N/A6/30/2022833,80744,129N/AN/AN/A3/31/2022831,79451,01228,13259,911N/A12/31/2021796,34257,454N/AN/AN/A9/30/2021758,78752,805-45,538-10,677N/A6/30/2021680,51241,581N/AN/AN/A3/31/2021588,00321,824-38,110-3,088N/A12/31/2020535,97612,381N/AN/AN/A9/30/2020506,82711,08719,91056,571N/A6/30/2020484,30712,732N/AN/AN/A3/31/2020485,13017,395N/A55,113N/A12/31/2019469,31217,786N/AN/AN/A9/30/2019461,88214,021N/A43,985N/A6/30/2019454,01013,816N/AN/AN/A3/31/2019452,92814,986N/A37,555N/A12/31/2018452,48716,156N/AN/AN/A9/30/2018457,28021,849N/A26,174N/A6/30/2018459,77924,542N/AN/AN/A3/31/2018454,75424,693N/A11,125N/A12/31/2017461,43629,096N/AN/AN/A9/30/2017445,04728,023N/A19,066N/A6/30/2017426,88027,374N/AN/AN/A3/31/2017410,50326,169N/A29,389N/A12/31/2016383,66921,136N/AN/AN/A9/30/2016383,08419,644N/A56,503N/A6/30/2016392,54220,591N/AN/AN/A3/31/2016406,59821,826N/A45,751N/A12/31/2015429,17523,090N/AN/AN/A9/30/2015448,85126,405N/A33,328N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 5714の収益は今後 3 年間で減少すると予測されています (年間-1.5% )。収益対市場: 5714の収益は今後 3 年間で減少すると予測されています (年間-1.5% )。高成長収益: 5714の収益は今後 3 年間で減少すると予測されています。収益対市場: 5714の収益 ( 3.4% ) JP市場 ( 6.1% ) よりも低い成長が予測されています。高い収益成長: 5714の収益 ( 3.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 5714の 自己資本利益率 は、3年後には低くなると予測されています ( 11.3 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance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2026/08/17 17:00終値2026/08/17 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこの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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Dowa Holdings Co., Ltd. 7 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。19 アナリスト機関Masaki OkunoBarclaysTakashi EnomotoBofA Global ResearchToshiyuki JohnoCitigroup Inc16 その他のアナリストを表示
Price Target Changed • Mar 31Price target increased by 7.2% to JP¥9,840Up from JP¥9,183, the current price target is an average from 7 analysts. New target price is 13% above last closing price of JP¥8,735. Stock is up 88% over the past year. The company is forecast to post earnings per share of JP¥917 for next year compared to JP¥456 last year.
Major Estimate Revision • Mar 03Consensus EPS estimates increase by 40%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥652 to JP¥911. Net income forecast to grow 109% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥7,469 to JP¥8,069. Share price rose 4.2% to JP¥11,030 over the past week.
Major Estimate Revision • Feb 27Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥557 to JP¥631. Net income forecast to grow 91% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥7,469 unchanged from last update. Share price rose 14% to JP¥11,510 over the past week.
分析記事 • Feb 13Dowa Holdings Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for Dowa Holdings Co., Ltd. ( TSE:5714 ), which a week ago released some...
Price Target Changed • Dec 13Price target increased by 7.9% to JP¥5,826Up from JP¥5,397, the current price target is an average from 7 analysts. New target price is 14% below last closing price of JP¥6,736. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥517 for next year compared to JP¥456 last year.
Price Target Changed • Dec 10Price target increased by 8.8% to JP¥5,669Up from JP¥5,211, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥6,500. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥507 for next year compared to JP¥456 last year.
Reported Earnings • Aug 08First quarter 2027 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2027 results: EPS: JP¥396 (up from JP¥107 in 1Q 2026). Revenue: JP¥253.4b (up 58% from 1Q 2026). Net income: JP¥23.5b (up 266% from 1Q 2026). Profit margin: 9.3% (up from 4.0% in 1Q 2026). Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 76%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
分析記事 • May 21Impressive Earnings May Not Tell The Whole Story For Dowa Holdings (TSE:5714)Dowa Holdings Co., Ltd. ( TSE:5714 ) just reported some strong earnings, and the market reacted accordingly with a...
ライブニュース • May 17Dowa Holdings Projects Higher Dividend Backed by Record Profits and Stake Sale ProceedsDowa Holdings lifted its 2026 annual dividend forecast to ¥368 per share, supported in part by proceeds from a partial sale of its stake in Fujita Kanko Inc. The higher dividend follows record fiscal 2025 profits, supported by metal prices and demand related to AI servers. The company also announced a larger dividend and a share buyback plan alongside improved profitability in electronic materials and sales to information and communication sectors. The combination of record profits, a higher dividend forecast and share buybacks points to a period where management is prioritising shareholder returns funded by both operating performance and asset sales. Investors may want to consider how much of the recent strength is tied to metal price levels and AI-related demand, as a change in either could affect earnings and the sustainability of current capital return policies.
Reported Earnings • May 16Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥1,050 (up from JP¥456 in FY 2025). Revenue: JP¥745.4b (up 9.8% from FY 2025). Net income: JP¥62.5b (up 130% from FY 2025). Profit margin: 8.4% (up from 4.0% in FY 2025). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026.
New Risk • May 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥12,060, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Metals and Mining industry in Japan. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,084 per share.
お知らせ • Apr 03+ 2 more updatesDowa Holdings Co., Ltd. to Report Q3, 2027 Results on Feb 09, 2027Dowa Holdings Co., Ltd. announced that they will report Q3, 2027 results on Feb 09, 2027
Price Target Changed • Mar 31Price target increased by 7.2% to JP¥9,840Up from JP¥9,183, the current price target is an average from 7 analysts. New target price is 13% above last closing price of JP¥8,735. Stock is up 88% over the past year. The company is forecast to post earnings per share of JP¥917 for next year compared to JP¥456 last year.
New Risk • Mar 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥318 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).
Major Estimate Revision • Mar 03Consensus EPS estimates increase by 40%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥652 to JP¥911. Net income forecast to grow 109% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥7,469 to JP¥8,069. Share price rose 4.2% to JP¥11,030 over the past week.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥11,805, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Metals and Mining industry in Japan. Total returns to shareholders of 182% over the past three years.
Major Estimate Revision • Feb 27Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥557 to JP¥631. Net income forecast to grow 91% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥7,469 unchanged from last update. Share price rose 14% to JP¥11,510 over the past week.
お知らせ • Feb 17Dowa Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Dowa Holdings Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
分析記事 • Feb 13Dowa Holdings Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for Dowa Holdings Co., Ltd. ( TSE:5714 ), which a week ago released some...
Reported Earnings • Feb 11Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥83.06 (up from JP¥54.95 in 3Q 2025). Revenue: JP¥181.5b (up 10% from 3Q 2025). Net income: JP¥4.95b (up 51% from 3Q 2025). Profit margin: 2.7% (up from 2.0% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
分析記事 • Feb 10Dowa Holdings' (TSE:5714) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that it will be paying its dividend of ¥183.00 on the...
お知らせ • Feb 10+ 1 more updateNSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion.NSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion on February 10, 2026. A cash consideration of ¥38.99 billion will be paid by NSSK-GAMMA2 G.K. Post transaction Dowa Holdings will hold 6.83% in Fujita Kanko. NSSK-GAMMA2 G.K. completed the acquisition of 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) on February 10, 2026.
分析記事 • Jan 08Dowa Holdings (TSE:5714) Will Pay A Larger Dividend Than Last Year At ¥183.00Dowa Holdings Co., Ltd. ( TSE:5714 ) will increase its dividend from last year's comparable payment on the 13th of June...
Declared Dividend • Jan 08Dividend of JP¥183 announcedShareholders will receive a dividend of JP¥183. Ex-date: 30th March 2026 Payment date: 13th June 2026 Dividend yield will be 2.3%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 07Dowa Holdings Co., Ltd. announces Annual dividend, payable on June 13, 2026Dowa Holdings Co., Ltd. announced Annual dividend of JPY 183.0000 per share payable on June 13, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.
New Risk • Jan 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin).
分析記事 • Dec 24Why Investors Shouldn't Be Surprised By Dowa Holdings Co., Ltd.'s (TSE:5714) 25% Share Price SurgeDespite an already strong run, Dowa Holdings Co., Ltd. ( TSE:5714 ) shares have been powering on, with a gain of 25% in...
Price Target Changed • Dec 13Price target increased by 7.9% to JP¥5,826Up from JP¥5,397, the current price target is an average from 7 analysts. New target price is 14% below last closing price of JP¥6,736. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥517 for next year compared to JP¥456 last year.
Price Target Changed • Dec 10Price target increased by 8.8% to JP¥5,669Up from JP¥5,211, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥6,500. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥507 for next year compared to JP¥456 last year.
Price Target Changed • Dec 03Price target increased by 8.0% to JP¥5,397Up from JP¥4,997, the current price target is an average from 7 analysts. New target price is 11% below last closing price of JP¥6,042. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥494 for next year compared to JP¥456 last year.
分析記事 • Nov 19Dowa Holdings' (TSE:5714) Conservative Accounting Might Explain Soft EarningsThe market was pleased with the recent earnings report from Dowa Holdings Co., Ltd. ( TSE:5714 ), despite the profit...
Major Estimate Revision • Nov 19Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥681.2b to JP¥671.4b. EPS estimate rose from JP¥434 to JP¥488. Net income forecast to grow 43% next year vs 7.5% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥4,997 to JP¥5,211. Share price was steady at JP¥5,840 over the past week.
分析記事 • Nov 14Dowa Holdings Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a pretty great week for Dowa Holdings Co., Ltd. ( TSE:5714 ) shareholders, with its shares surging 10% to...
Reported Earnings • Nov 14Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥121 (down from JP¥147 in 2Q 2025). Revenue: JP¥157.1b (down 4.0% from 2Q 2025). Net income: JP¥7.22b (down 17% from 2Q 2025). Profit margin: 4.6% (down from 5.3% in 2Q 2025). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Nov 12+ 1 more updateDowa Holdings Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. revised dividend guidance for the fiscal year ending March 31, 2026. For the year, the company now expects dividend of JPY 183.00 per share compared to previous guidance of JPY 159.00 per share. Reasons for the Revisions: The Company's dividend policy for the period covered by the "Medium-Term Plan 2027" (fiscal years ending March 2026 to March 2028) is set as "a dividend payout ratio of 35% or JPY 150 per share, whichever is higher." In line with the revision of the consolidated financial result forecasts for the full fiscal year ending March 31, 2026, the annual dividends for the current fiscal year has been increased by JPY 24 per share from the dividends forecasts of JPY 159 per share (announced on May 13, 2025) to JPY 183 per share.
分析記事 • Oct 27Does Dowa Holdings (TSE:5714) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Aug 09First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥107 (down from JP¥198 in 1Q 2025). Revenue: JP¥160.1b (down 15% from 1Q 2025). Net income: JP¥6.40b (down 46% from 1Q 2025). Profit margin: 4.0% (down from 6.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% 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.
分析記事 • Jul 24Is Dowa Holdings (TSE:5714) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Jun 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥456 (down from JP¥468 in FY 2024). Revenue: JP¥678.7b (down 5.4% from FY 2024). Net income: JP¥27.1b (down 2.6% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Japan. 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 1% per year, which means it is well ahead of earnings.
分析記事 • Jun 23Improved Earnings Required Before Dowa Holdings Co., Ltd. (TSE:5714) Shares Find Their FeetDowa Holdings Co., Ltd.'s ( TSE:5714 ) price-to-earnings (or "P/E") ratio of 9.8x might make it look like a buy right...
分析記事 • May 20Dowa Holdings' (TSE:5714) Conservative Accounting Might Explain Soft EarningsThe market for Dowa Holdings Co., Ltd.'s ( TSE:5714 ) shares didn't move much after it posted weak earnings recently...
お知らせ • May 16Dowa Holdings Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2025, Payable on June 13, 2025; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. announced dividend of JPY 150.00 per share for the fiscal year ended March 31, 2025 as compared to dividend of JPY 130.00 per share a year ago. Scheduled date to commence dividend payments: June 13, 2025. For the fiscal year ending March 31, 2026, the company expected dividend of JPY 159.00 per share as compared to JPY 150.00 per share a year ago.
Reported Earnings • May 15Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥456 (down from JP¥468 in FY 2024). Revenue: JP¥678.7b (down 5.4% from FY 2024). Net income: JP¥27.1b (down 2.6% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • May 13+ 1 more updateDowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025.
分析記事 • May 12Returns On Capital At Dowa Holdings (TSE:5714) Have Hit The BrakesIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 14 June 2025. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.1%).
分析記事 • Mar 19Dowa Holdings (TSE:5714) Is Paying Out A Larger Dividend Than Last YearDowa Holdings Co., Ltd. ( TSE:5714 ) has announced that it will be increasing its periodic dividend on the 14th of June...
お知らせ • Mar 18+ 2 more updatesDowa Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Dowa Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025
分析記事 • Mar 05Dowa Holdings (TSE:5714) Is Increasing Its Dividend To ¥150.00The board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that the dividend on 14th of June will be increased to...
お知らせ • Mar 05Dowa Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Dowa Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
分析記事 • Feb 14Dowa Holdings (TSE:5714) Is Paying Out A Larger Dividend Than Last YearThe board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that the dividend on 14th of June will be increased to...
Reported Earnings • Feb 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥54.95 (down from JP¥182 in 3Q 2024). Revenue: JP¥164.7b (down 9.0% from 3Q 2024). Net income: JP¥3.27b (down 70% from 3Q 2024). Profit margin: 2.0% (down from 6.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 58%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% 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.
分析記事 • Jan 22Benign Growth For Dowa Holdings Co., Ltd. (TSE:5714) Underpins Its Share PriceDowa Holdings Co., Ltd.'s ( TSE:5714 ) price-to-earnings (or "P/E") ratio of 7.8x might make it look like a buy right...
Declared Dividend • Jan 06Dividend of JP¥130 announcedShareholders will receive a dividend of JP¥130. Ex-date: 28th March 2025 Payment date: 14th June 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.0% over the next 3 years. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range.
分析記事 • Dec 18The Return Trends At Dowa Holdings (TSE:5714) Look PromisingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
New Risk • Nov 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 13Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: JP¥147 (up from JP¥89.57 in 2Q 2024). Revenue: JP¥163.6b (down 9.0% from 2Q 2024). Net income: JP¥8.74b (up 64% from 2Q 2024). Profit margin: 5.3% (up from 3.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
分析記事 • Oct 18Dowa Holdings Co., Ltd.'s (TSE:5714) Shares Lagging The Market But So Is The BusinessWith a price-to-earnings (or "P/E") ratio of 9.7x Dowa Holdings Co., Ltd. ( TSE:5714 ) may be sending bullish signals...
分析記事 • Sep 04Is Dowa Holdings (TSE:5714) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Aug 13First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: JP¥198 (up from JP¥132 in 1Q 2024). Revenue: JP¥189.0b (down 1.0% from 1Q 2024). Net income: JP¥11.8b (up 50% from 1Q 2024). Profit margin: 6.2% (up from 4.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) exceeded analyst estimates by 32%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥4,324, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Metals and Mining industry in Japan. Total returns to shareholders of 7.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,171 per share.
分析記事 • Aug 01Returns On Capital At Dowa Holdings (TSE:5714) Have StalledIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
お知らせ • Jun 27+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Dowa Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025
分析記事 • May 21Dowa Holdings (TSE:5714) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereDowa Holdings Co., Ltd.'s ( TSE:5714 ) solid earnings announcement recently didn't do much to the stock price. Our...
お知らせ • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024.
Reported Earnings • May 12Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥468 (up from JP¥421 in FY 2023). Revenue: JP¥717.2b (down 8.1% from FY 2023). Net income: JP¥27.9b (up 11% from FY 2023). Profit margin: 3.9% (up from 3.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 3.5%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
分析記事 • Apr 30Dowa Holdings (TSE:5714) Has More To Do To Multiply In Value Going ForwardIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
お知らせ • Mar 28Dowa Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Dowa Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.5%).
Major Estimate Revision • Mar 05Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥389 to JP¥431. Revenue forecast steady at JP¥700.0b. Net income forecast to grow 19% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target broadly unchanged at JP¥4,517. Share price was steady at JP¥5,187 over the past week.
Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥182 (up from JP¥76.20 in 3Q 2023). Revenue: JP¥180.9b (down 5.3% from 3Q 2023). Net income: JP¥10.8b (up 139% from 3Q 2023). Profit margin: 6.0% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 11Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥89.57 (down from JP¥163 in 2Q 2023). Revenue: JP¥179.8b (down 6.3% from 2Q 2023). Net income: JP¥5.33b (down 45% from 2Q 2023). Profit margin: 3.0% (down from 5.0% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%. Revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).
Reported Earnings • Aug 10First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: JP¥132 (down from JP¥220 in 1Q 2023). Revenue: JP¥191.0b (down 9.0% from 1Q 2023). Net income: JP¥7.85b (down 40% from 1Q 2023). Profit margin: 4.1% (down from 6.2% in 1Q 2023). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 4.9%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Jul 15+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Dowa Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024
Major Estimate Revision • Jun 16Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥708.1b to JP¥686.8b. EPS estimate also fell from JP¥483 per share to JP¥406 per share. Net income forecast to shrink 3.5% next year vs 11% decline forecast for Metals and Mining industry in Japan. Consensus price target broadly unchanged at JP¥4,503. Share price rose 3.4% to JP¥4,579 over the past week.
お知らせ • Jun 01Dowa Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023Dowa Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023
Buying Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥5,074, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 0.002% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period.
お知らせ • May 17Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023.
Reported Earnings • May 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥421 (down from JP¥857 in FY 2022). Revenue: JP¥780.1b (down 6.2% from FY 2022). Net income: JP¥25.0b (down 51% from FY 2022). Profit margin: 3.2% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥105 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%).
Reported Earnings • Feb 12Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥76.19 (down from JP¥193 in 3Q 2022). Revenue: JP¥191.1b (up 1.3% from 3Q 2022). Net income: JP¥4.54b (down 61% from 3Q 2022). Profit margin: 2.4% (down from 6.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 54%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to stay flat during the next 3 years compared to a 1.1% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. 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 13Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 17Now 20% undervaluedOver the last 90 days, the stock is up 8.0%. The fair value is estimated to be JP¥6,226, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings is forecast to decline by 0.2% per annum over the same time period.
Buying Opportunity • Sep 22Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be JP¥6,709, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is forecast to decline by 0.8% per annum over the same time period.
Major Estimate Revision • Sep 10Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast fell from JP¥875.4b to JP¥843.3b. EPS estimate rose from JP¥676 to JP¥744. Net income forecast to shrink 2.3% next year vs 13% decline forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥5,160 to JP¥5,351. Share price rose 8.5% to JP¥5,500 over the past week.
Reported Earnings • Aug 12First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: JP¥220 (down from JP¥335 in 1Q 2022). Revenue: JP¥209.9b (up 1.0% from 1Q 2022). Net income: JP¥13.1b (down 35% from 1Q 2022). Profit margin: 6.2% (down from 9.6% in 1Q 2022). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 44%. Over the next year, revenue is forecast to grow 5.2%, compared to a 2,013% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jun 15Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥842.5b to JP¥882.0b. EPS estimate fell from JP¥725 to JP¥644 per share. Net income forecast to shrink 25% next year vs 20% decline forecast for Metals and Mining industry in Japan. Consensus price target down from JP¥5,864 to JP¥5,731. Share price fell 5.6% to JP¥4,555 over the past week.
Reported Earnings • May 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥857 (up from JP¥368 in FY 2021). Revenue: JP¥831.8b (up 42% from FY 2021). Net income: JP¥51.0b (up 134% from FY 2021). Profit margin: 6.1% (up from 3.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Over the next year, revenue is forecast to stay flat compared to a 4.2% growth forecast for the mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.