ARE Holdings（5857）株式概要AREホールディングスは、日本、アジア、北米で貴金属およびレアメタルの精製、製造、取引を行っている。 詳細5857 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長2/6過去の実績3/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より44.4%で取引されている 収益は年間7.77%増加すると予測されています 過去1年間で収益は70.7%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析高いレベルの非現金収入 負債は営業キャッシュフローで十分にカバーされていない JP市場と比較した過去 3 か月間の株価の変動3.82%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る5857 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¥3.53k21.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-1b973b2016201920222025202620282031Revenue JP¥972.6bEarnings JP¥41.7bAdvancedSet Fair ValueView all narrativesARE Holdings, Inc. 競合他社Chugai MiningSymbol: TSE:1491Market cap: JP¥10.9bDaido SteelSymbol: TSE:5471Market cap: JP¥373.3bNittetsu MiningSymbol: TSE:1515Market cap: JP¥185.5bToho Titanium CompanySymbol: TSE:5727Market cap: JP¥198.7b価格と性能株価の高値、安値、推移の概要ARE Holdings過去の株価現在の株価JP¥3,530.0052週高値JP¥4,720.0052週安値JP¥1,726.00ベータ0.651ヶ月の変化-6.98%3ヶ月変化-16.84%1年変化103.22%3年間の変化85.20%5年間の変化47.64%IPOからの変化393.71%最新ニュース分析記事 • May 15Bullish: Analysts Just Made A Notable Upgrade To Their ARE Holdings, Inc. (TSE:5857) ForecastsCelebrations may be in order for ARE Holdings, Inc. ( TSE:5857 ) shareholders, with the analysts delivering a...Major Estimate Revision • May 09Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥618.0b to JP¥671.0b. EPS estimate increased from JP¥287 to JP¥317 per share. Net income forecast to grow 11% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥4,400 unchanged from last update. Share price rose 16% to JP¥4,075 over the past week.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,075, 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 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,179 per share.Reported Earnings • May 06Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥315 (up from JP¥187 in FY 2025). Revenue: JP¥570.0b (up 13% from FY 2025). Net income: JP¥24.4b (up 71% from FY 2025). Profit margin: 4.3% (up from 2.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • May 01ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).最新情報をもっと見るRecent updates分析記事 • May 15Bullish: Analysts Just Made A Notable Upgrade To Their ARE Holdings, Inc. (TSE:5857) ForecastsCelebrations may be in order for ARE Holdings, Inc. ( TSE:5857 ) shareholders, with the analysts delivering a...Major Estimate Revision • May 09Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥618.0b to JP¥671.0b. EPS estimate increased from JP¥287 to JP¥317 per share. Net income forecast to grow 11% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥4,400 unchanged from last update. Share price rose 16% to JP¥4,075 over the past week.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,075, 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 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,179 per share.Reported Earnings • May 06Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥315 (up from JP¥187 in FY 2025). Revenue: JP¥570.0b (up 13% from FY 2025). Net income: JP¥24.4b (up 71% from FY 2025). Profit margin: 4.3% (up from 2.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • May 01ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥3,825, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in Japan. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,077 per share.New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change).分析記事 • Feb 10ARE Holdings' (TSE:5857) Earnings Are Weaker Than They SeemARE Holdings, Inc.'s ( TSE:5857 ) stock was strong after they recently reported robust earnings. However, we think that...お知らせ • Feb 10ARE Holdings, Inc. to Report Fiscal Year 2026 Results on May 01, 2026ARE Holdings, Inc. announced that they will report fiscal year 2026 results on May 01, 2026分析記事 • Feb 09ARE Holdings (TSE:5857) Is Increasing Its Dividend To ¥65.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will be increasing its dividend from last year's comparable...分析記事 • Feb 06ARE Holdings, Inc. (TSE:5857) Just Reported And Analysts Have Been Lifting Their Price TargetsInvestors in ARE Holdings, Inc. ( TSE:5857 ) had a good week, as its shares rose 4.5% to close at JP¥3,795 following...New Risk • Feb 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.分析記事 • Jan 23Investor Optimism Abounds ARE Holdings, Inc. (TSE:5857) But Growth Is LackingIt's not a stretch to say that ARE Holdings, Inc.'s ( TSE:5857 ) price-to-earnings (or "P/E") ratio of 15.6x right now...分析記事 • Jan 08Here's Why We Think ARE Holdings (TSE:5857) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...分析記事 • Dec 07ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥60.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥60.00 per share on the 3rd...お知らせ • Dec 05ARE Holdings, Inc. to Report Q3, 2026 Results on Feb 03, 2026ARE Holdings, Inc. announced that they will report Q3, 2026 results on Feb 03, 2026分析記事 • Nov 22ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥60.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥60.00 per share on 3rd of June. This will...Declared Dividend • Nov 22First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 3rd June 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (17% 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 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Major Estimate Revision • Nov 05Consensus EPS estimates increase by 38%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥213 to JP¥295. Revenue forecast unchanged at JP¥519.0b. Net income forecast to grow 21% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price rose 12% to JP¥2,560 over the past week.Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥94.10 (vs JP¥44.58 in 2Q 2025)Second quarter 2026 results: EPS: JP¥94.10 (up from JP¥44.58 in 2Q 2025). Revenue: JP¥101.1b (down 32% from 2Q 2025). Net income: JP¥7.21b (up 112% from 2Q 2025). Profit margin: 7.1% (up from 2.3% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year.分析記事 • Oct 17ARE Holdings, Inc.'s (TSE:5857) Subdued P/E Might Signal An OpportunityARE Holdings, Inc.'s ( TSE:5857 ) price-to-earnings (or "P/E") ratio of 12.2x might make it look like a buy right now...分析記事 • Sep 27ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 17th...Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 17 November 2025. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).分析記事 • Aug 06ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥40.00 on the 17th of November. This makes the dividend yield...Major Estimate Revision • Aug 06Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥485.5b to JP¥535.5b. EPS estimate increased from JP¥210 to JP¥213 per share. Net income forecast to grow 13% next year vs 0.5% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price fell 4.0% to JP¥1,893 over the past week.分析記事 • Aug 04New Forecasts: Here's What Analysts Think The Future Holds For ARE Holdings, Inc. (TSE:5857)Shareholders in ARE Holdings, Inc. ( TSE:5857 ) may be thrilled to learn that the analysts have just delivered a major...お知らせ • Aug 04ARE Holdings, Inc. to Report Q2, 2026 Results on Oct 29, 2025ARE Holdings, Inc. announced that they will report Q2, 2026 results on Oct 29, 2025分析記事 • Aug 03Revenue Beat: ARE Holdings, Inc. Exceeded Revenue Forecasts By 25% And Analysts Are Updating Their EstimatesShareholders might have noticed that ARE Holdings, Inc. ( TSE:5857 ) filed its quarterly result this time last week...Reported Earnings • Jul 31First quarter 2026 earnings released: EPS: JP¥47.50 (vs JP¥41.83 in 1Q 2025)First quarter 2026 results: EPS: JP¥47.50 (up from JP¥41.83 in 1Q 2025). Revenue: JP¥137.1b (up 49% from 1Q 2025). Net income: JP¥3.64b (up 14% from 1Q 2025). Profit margin: 2.7% (down from 3.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.5%. 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 4% per year.分析記事 • Jul 23ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 17th of November, with...分析記事 • Jul 09ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 17th of November. Based...Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 17th November 2025 Dividend yield will be 4.2%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (88% 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. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jun 25We Think ARE Holdings' (TSE:5857) Profit Is Only A Baseline For What They Can AchieveARE Holdings, Inc. ( TSE:5857 ) just reported healthy earnings but the stock price didn't move much. We think that...Reported Earnings • Jun 21Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥187 (up from JP¥111 in FY 2024). Revenue: JP¥506.2b (up 57% from FY 2024). Net income: JP¥14.3b (up 68% from FY 2024). Profit margin: 2.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has fallen by 15% 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.Buy Or Sell Opportunity • Jun 12Now 20% overvaluedOver the last 90 days, the stock has fallen 9.5% to JP¥1,786. The fair value is estimated to be JP¥1,488, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 7.5% per annum over the same time period.Buy Or Sell Opportunity • May 26Now 20% overvaluedOver the last 90 days, the stock has fallen 5.3% to JP¥1,754. The fair value is estimated to be JP¥1,460, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 7.5% per annum over the same time period.お知らせ • May 02ARE Holdings, Inc. to Report Q1, 2026 Results on Jul 30, 2025ARE Holdings, Inc. announced that they will report Q1, 2026 results on Jul 30, 2025Price Target Changed • May 01Price target increased by 14% to JP¥2,500Up from JP¥2,200, the current price target is provided by 1 analyst. New target price is 43% above last closing price of JP¥1,749. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥187 last year.分析記事 • Apr 29Earnings Update: ARE Holdings, Inc. (TSE:5857) Just Reported Its Annual Results And Analysts Are Updating Their ForecastsARE Holdings, Inc. ( TSE:5857 ) shareholders are probably feeling a little disappointed, since its shares fell 8.5% to...Reported Earnings • Apr 26Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥187 (up from JP¥111 in FY 2024). Revenue: JP¥506.2b (up 57% from FY 2024). Net income: JP¥14.3b (up 68% from FY 2024). Profit margin: 2.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 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 fallen by 15% 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.お知らせ • Apr 25ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,623, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Metals and Mining industry in Japan. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,141 per share.Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (4.1%).分析記事 • Mar 06Here's Why ARE Holdings (TSE:5857) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Feb 13ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 4th of June. The...お知らせ • Feb 12ARE Holdings, Inc. to Report Fiscal Year 2025 Results on Apr 25, 2025ARE Holdings, Inc. announced that they will report fiscal year 2025 results on Apr 25, 2025Major Estimate Revision • Feb 05Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥480.0b to JP¥500.0b. EPS estimate increased from JP¥170 to JP¥196 per share. Net income forecast to grow 4.0% next year vs 9.2% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥2,200 to JP¥2,300. Share price rose 13% to JP¥1,890 over the past week.Reported Earnings • Jan 30Third quarter 2025 earnings released: EPS: JP¥62.40 (vs JP¥23.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥62.40 (up from JP¥23.97 in 3Q 2024). Revenue: JP¥132.6b (up 59% from 3Q 2024). Net income: JP¥4.78b (up 160% from 3Q 2024). Profit margin: 3.6% (up from 2.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% 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 33% 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.分析記事 • Jan 29ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 4th of June...お知らせ • Jan 29ARE Holdings, Inc. Provides Dividend Guidance for the Year Ending March 31, 2025ARE Holdings, Inc. provided dividend guidance for the year ending March 31, 2025. For the year, the company expected to pay dividend of JPY 40.00 per share compared to JPY 45.00 per share paid a year ago.分析記事 • Jan 13ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 4th of June, with...分析記事 • Dec 30ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 4th of June. This means...分析記事 • Dec 13ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥40.00 on the 4th of June. The dividend yield of 4.7% is still a...お知らせ • Dec 13ARE Holdings, Inc. to Report Q3, 2025 Results on Jan 29, 2025ARE Holdings, Inc. announced that they will report Q3, 2025 results on Jan 29, 2025分析記事 • Nov 26Why ARE Holdings' (TSE:5857) Earnings Are Better Than They SeemARE Holdings, Inc.'s ( TSE:5857 ) solid earnings announcement recently didn't do much to the stock price. We did some...分析記事 • Nov 17ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 4th of June. The...Declared Dividend • Nov 16First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (161% 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. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥44.58 (vs JP¥37.36 in 2Q 2024)Second quarter 2025 results: EPS: JP¥44.58 (up from JP¥37.36 in 2Q 2024). Revenue: JP¥148.1b (up 73% from 2Q 2024). Net income: JP¥3.41b (up 19% from 2Q 2024). Profit margin: 2.3% (down from 3.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has fallen by 42% 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.Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 November 2024. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (4.3%).お知らせ • Aug 28ARE Holdings, Inc. to Report Q2, 2025 Results on Oct 30, 2024ARE Holdings, Inc. announced that they will report Q2, 2025 results on Oct 30, 2024Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥41.83 (vs JP¥31.26 in 1Q 2024)First quarter 2025 results: EPS: JP¥41.83 (up from JP¥31.26 in 1Q 2024). Revenue: JP¥92.3b (up 39% from 1Q 2024). Net income: JP¥3.20b (up 33% from 1Q 2024). Profit margin: 3.5% (in line with 1Q 2024). Revenue is forecast to grow 4.1% 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 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 18th November 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (145% 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. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 155%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% 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.Reported Earnings • Apr 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 155%. Revenue is forecast to stay flat during the next 2 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 44% 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.お知らせ • Apr 26+ 1 more updateARE Holdings, Inc., Annual General Meeting, Jun 18, 2024ARE Holdings, Inc., Annual General Meeting, Jun 18, 2024.お知らせ • Apr 02Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857)Renatus Co.,Ltd agreed to acquire Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on October 26, 2023. As of March 31, 2023, Japan Waste Corporation reported net assets of ¥41.5 billion, total assets of ¥110 billion, net sales of ¥280 billion, operating profit of ¥17.4 billion, and net income of ¥12.7 billion. The agreement is expected to be signed in the End of February, 2024, and the deal is expected to be completed in the end of March, 2024. Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on March 31, 2024.分析記事 • Mar 28ARE Holdings' (TSE:5857) Dividend Will Be ¥45.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 5th of June, with...お知らせ • Mar 27ARE Holdings, Inc. Announces Change of Corporate Officers, as of April 1,2024ARE Holdings, Inc. announced changes in Directors and Officers of the Company and Group Companies effective as of April 1,2024, it Newly appointed Yoshihito Iwasa also announced Hiroyuki Nakanishi and Shohei Yasuda is Retiring.Upcoming Dividend • Mar 21Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (3.5%).分析記事 • Mar 13ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥45.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥45.00 per share on the 5th of June. This...お知らせ • Mar 02ARE Holdings, Inc. to Report Fiscal Year 2024 Results on Apr 25, 2024ARE Holdings, Inc. announced that they will report fiscal year 2024 results on Apr 25, 2024お知らせ • Feb 29ARE Holdings, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending in March 2024ARE Holdings, Inc. provided consolidated earnings guidance for the fiscal year ending in March 2024. The company announced that, as stated in the "Notice on Conclusion of Basic Agreement on Share Exchange between Japan Waste, Consolidated Subsidiary, and Renatus Co. Ltd." dated October 26, 2023, the Company concluded a basic agreement with Renatus Co. Ltd. (hereinafter "Renatus") and J-STAR NO.5-A, LP to conduct a share exchange (hereinafter the "Share Exchange") in which Renatus would become the wholly owning parent company, and consolidated subsidiary, Japan Waste Corporation (hereinafter "Japan Waste"), would become the wholly owned subsidiary company, as of the same day. Due to the Share Exchange, Japan Waste will be classified as discontinued operations from the fourth quarter of the fiscal year ending March 2024. The impact of the Share Exchange on the Company's consolidated financial performance for the fiscal year ending in March 2024 is expected to be the decreases in revenue and operating profit from continued operations by approximately JPY 16,500 million and JPY 3,200 million, respectively.分析記事 • Feb 28ARE Holdings (TSE:5857) Has Affirmed Its Dividend Of ¥45.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥45.00 on the 5th of June. This makes the dividend yield 4.6...Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥23.98 (vs JP¥37.59 in 3Q 2023)Third quarter 2024 results: EPS: JP¥23.98 (down from JP¥37.59 in 3Q 2023). Revenue: JP¥83.2b (up 14% from 3Q 2023). Net income: JP¥1.84b (down 36% from 3Q 2023). Profit margin: 2.2% (down from 3.9% in 3Q 2023). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Feb 01+ 1 more updateAsahi Holdings, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Asahi Holdings, Inc. provided consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects revenue of JPY 290,000 million, operating profit of JPY 19,000 million and profit attributable to owners of parent of JPY 13,200 million or JPY 172.23 per basic share.お知らせ • Dec 30ARE Holdings, Inc. to Report Q3, 2024 Results on Jan 31, 2024ARE Holdings, Inc. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥37.36 (vs JP¥38.93 in 2Q 2023)Second quarter 2024 results: EPS: JP¥37.36 (down from JP¥38.93 in 2Q 2023). Revenue: JP¥85.4b (up 17% from 2Q 2023). Net income: JP¥2.86b (down 5.4% from 2Q 2023). Profit margin: 3.4% (down from 4.1% in 2Q 2023). Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 1.3%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Major Estimate Revision • Oct 28Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥260.0b to JP¥290.0b. EPS estimate fell from JP¥164 to JP¥147. Net income forecast to grow 29% next year vs 6.3% decline forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,600 unchanged from last update. Share price was steady at JP¥1,865 over the past week.Upcoming Dividend • Sep 21Upcoming dividend of JP¥45.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 20 November 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (3.2%).お知らせ • Aug 27ARE Holdings, Inc. to Report Q2, 2024 Results on Oct 26, 2023ARE Holdings, Inc. announced that they will report Q2, 2024 results on Oct 26, 2023New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin).Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥31.26 (vs JP¥54.27 in 1Q 2023)First quarter 2024 results: EPS: JP¥31.26 (down from JP¥54.27 in 1Q 2023). Revenue: JP¥66.5b (up 11% from 1Q 2023). Net income: JP¥2.40b (down 44% from 1Q 2023). Profit margin: 3.6% (down from 7.1% in 1Q 2023). Revenue is expected to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Jun 24Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to decline by 4.6% 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 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 31Asahi Holdings, Inc. to Report Q1, 2024 Results on Jul 27, 2023Asahi Holdings, Inc. announced that they will report Q1, 2024 results on Jul 27, 2023お知らせ • May 20Asahi Holdings, Inc. Announces Notice on the Change of DirectorsAsahi Holdings, Inc. announces that the Company has decided to submit a proposal for "Candidate for Director (excluding Directors who are Audit and Supervisory Committee Members)" and "Candidates for Directors who are Audit and Supervisory Committee Members" to the 14th Annual General Meeting of Shareholders to be convened on June 20, 2023. The Company also announces Directors and Officers of the Company and Group Companies scheduled to be appointed on June 20, 2023. Directors Planning to Retire (Scheduled on June 20, 2023). Name: Mitsuharu Terayama, Yuji Kimura, Kyoko Kanazawa. Current Position: Director and Chairman, Outside Director /Audit and Supervisory Committee Member, Outside Director /Audit and Supervisory Committee Member.Reported Earnings • Apr 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to decline by 5.1% p.a. on average during the next 2 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 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥45.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (4.6%).お知らせ • Feb 01+ 1 more updateAsahi Holdings, Inc. Provides Dividend Guidance for the Full Year Ending March 31, 2023Asahi Holdings, Inc. provides dividend guidance for the full year ending March 31, 2023. For the period, the company expects to pay JPY 45.00 against JPY 45.00 paid a year ago.Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥37.59 (vs JP¥49.77 in 3Q 2022)Third quarter 2023 results: EPS: JP¥37.59 (down from JP¥49.77 in 3Q 2022). Revenue: JP¥73.2b (up 54% from 3Q 2022). Net income: JP¥2.88b (down 26% from 3Q 2022). Profit margin: 3.9% (down from 8.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 1.6% 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 13% per year whereas the company’s share price has increased by 15% per year.お知らせ • Dec 17Asahi Holdings, Inc. to Report Q3, 2023 Results on Jan 31, 2023Asahi Holdings, Inc. announced that they will report Q3, 2023 results on Jan 31, 2023Price Target Changed • Nov 16Price target decreased to JP¥2,740Down from JP¥3,100, the current price target is an average from 2 analysts. New target price is 40% above last closing price of JP¥1,958. Stock is down 4.3% over the past year. The company is forecast to post earnings per share of JP¥204 for next year compared to JP¥238 last year.Major Estimate Revision • Nov 03Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥222.6b to JP¥270.0b. EPS estimate fell from JP¥215 to JP¥204. Net income forecast to grow 2.7% next year vs 16% decline forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price was steady at JP¥1,915 over the past week.Buying Opportunity • Nov 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be JP¥2,369, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 1.8% in 2 years. Earnings is forecast to grow by 14% in the next 2 years.Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥38.93 (vs JP¥61.09 in 2Q 2022)Second quarter 2023 results: EPS: JP¥38.93 (down from JP¥61.09 in 2Q 2022). Revenue: JP¥72.9b (up 57% from 2Q 2022). Net income: JP¥3.03b (down 37% from 2Q 2022). Profit margin: 4.1% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% 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 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.株主還元5857JP Metals and MiningJP 市場7D-10.1%-2.6%1.2%1Y103.2%93.4%42.1%株主還元を見る業界別リターン: 5857過去 1 年間で93.4 % 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: 5857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 5857's price volatile compared to industry and market?5857 volatility5857 Average Weekly Movement9.2%Metals and Mining Industry Average Movement6.2%Market Average Movement5.0%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 5857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: 5857の weekly volatility ( 9% ) 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1952979Tomoya Higashiurawww.are-holdings.comAREホールディングスは、日本、アジア、北米で貴金属およびレアメタルの精製、製造、取引を行っている。貴金属事業と環境保全事業の2つのセグメントで事業を展開している。Eスクラップ、歯科、宝飾、メッキ処理、精密洗浄、触媒など様々な産業分野で使用される金、銀、パラジウム、プラチナ、ロジウムなど様々な金属をリサイクルし、販売している。また、産業廃棄物の収集・運搬・中間処理を行うほか、産業廃棄物処理業者の業務を効率化するデジタルプラットフォームも提供している。さらに、金・銀の精製・加工も手掛けている。旧社名はアサヒホールディングス(株)で、2023年6月に社名をAREホールディングス(株)に変更した。同社は1952年に設立され、神戸に本社を置く。もっと見るARE Holdings, Inc. 基礎のまとめARE Holdings の収益と売上を時価総額と比較するとどうか。5857 基礎統計学時価総額JP¥295.72b収益（TTM）JP¥24.44b売上高(TTM)JP¥569.99b12.1xPER（株価収益率0.5xP/Sレシオ5857 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5857 損益計算書（TTM）収益JP¥569.99b売上原価JP¥525.17b売上総利益JP¥44.82bその他の費用JP¥20.38b収益JP¥24.44b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）291.75グロス・マージン7.86%純利益率4.29%有利子負債／自己資本比率79.5%5857 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3.8%現在の配当利回り40%配当性向5857 配当は確実ですか？5857 配当履歴とベンチマークを見る5857 、いつまでに購入すれば配当金を受け取れますか？ARE Holdings 配当日配当落ち日Mar 30 2026配当支払日Jun 02 2026配当落ちまでの日数55 days配当支払日までの日数9 days5857 配当は確実ですか？5857 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2026/05/22 13:01終値2026/05/22 00:00収益2026/03/31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ARE Holdings, Inc. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Jiro KojimaDaiwa Securities Co. Ltd.Takashi WatanabeGoldman SachsKoichi HariyaIchiyoshi Research Institute Inc.5 その他のアナリストを表示
分析記事 • May 15Bullish: Analysts Just Made A Notable Upgrade To Their ARE Holdings, Inc. (TSE:5857) ForecastsCelebrations may be in order for ARE Holdings, Inc. ( TSE:5857 ) shareholders, with the analysts delivering a...
Major Estimate Revision • May 09Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥618.0b to JP¥671.0b. EPS estimate increased from JP¥287 to JP¥317 per share. Net income forecast to grow 11% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥4,400 unchanged from last update. Share price rose 16% to JP¥4,075 over the past week.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,075, 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 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,179 per share.
Reported Earnings • May 06Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥315 (up from JP¥187 in FY 2025). Revenue: JP¥570.0b (up 13% from FY 2025). Net income: JP¥24.4b (up 71% from FY 2025). Profit margin: 4.3% (up from 2.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).
分析記事 • May 15Bullish: Analysts Just Made A Notable Upgrade To Their ARE Holdings, Inc. (TSE:5857) ForecastsCelebrations may be in order for ARE Holdings, Inc. ( TSE:5857 ) shareholders, with the analysts delivering a...
Major Estimate Revision • May 09Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥618.0b to JP¥671.0b. EPS estimate increased from JP¥287 to JP¥317 per share. Net income forecast to grow 11% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥4,400 unchanged from last update. Share price rose 16% to JP¥4,075 over the past week.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,075, 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 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,179 per share.
Reported Earnings • May 06Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥315 (up from JP¥187 in FY 2025). Revenue: JP¥570.0b (up 13% from FY 2025). Net income: JP¥24.4b (up 71% from FY 2025). Profit margin: 4.3% (up from 2.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥3,825, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in Japan. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,077 per share.
New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change).
分析記事 • Feb 10ARE Holdings' (TSE:5857) Earnings Are Weaker Than They SeemARE Holdings, Inc.'s ( TSE:5857 ) stock was strong after they recently reported robust earnings. However, we think that...
お知らせ • Feb 10ARE Holdings, Inc. to Report Fiscal Year 2026 Results on May 01, 2026ARE Holdings, Inc. announced that they will report fiscal year 2026 results on May 01, 2026
分析記事 • Feb 09ARE Holdings (TSE:5857) Is Increasing Its Dividend To ¥65.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will be increasing its dividend from last year's comparable...
分析記事 • Feb 06ARE Holdings, Inc. (TSE:5857) Just Reported And Analysts Have Been Lifting Their Price TargetsInvestors in ARE Holdings, Inc. ( TSE:5857 ) had a good week, as its shares rose 4.5% to close at JP¥3,795 following...
New Risk • Feb 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
分析記事 • Jan 23Investor Optimism Abounds ARE Holdings, Inc. (TSE:5857) But Growth Is LackingIt's not a stretch to say that ARE Holdings, Inc.'s ( TSE:5857 ) price-to-earnings (or "P/E") ratio of 15.6x right now...
分析記事 • Jan 08Here's Why We Think ARE Holdings (TSE:5857) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
分析記事 • Dec 07ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥60.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥60.00 per share on the 3rd...
お知らせ • Dec 05ARE Holdings, Inc. to Report Q3, 2026 Results on Feb 03, 2026ARE Holdings, Inc. announced that they will report Q3, 2026 results on Feb 03, 2026
分析記事 • Nov 22ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥60.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥60.00 per share on 3rd of June. This will...
Declared Dividend • Nov 22First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 3rd June 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (17% 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 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Major Estimate Revision • Nov 05Consensus EPS estimates increase by 38%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥213 to JP¥295. Revenue forecast unchanged at JP¥519.0b. Net income forecast to grow 21% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price rose 12% to JP¥2,560 over the past week.
Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥94.10 (vs JP¥44.58 in 2Q 2025)Second quarter 2026 results: EPS: JP¥94.10 (up from JP¥44.58 in 2Q 2025). Revenue: JP¥101.1b (down 32% from 2Q 2025). Net income: JP¥7.21b (up 112% from 2Q 2025). Profit margin: 7.1% (up from 2.3% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year.
分析記事 • Oct 17ARE Holdings, Inc.'s (TSE:5857) Subdued P/E Might Signal An OpportunityARE Holdings, Inc.'s ( TSE:5857 ) price-to-earnings (or "P/E") ratio of 12.2x might make it look like a buy right now...
分析記事 • Sep 27ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 17th...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 17 November 2025. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).
分析記事 • Aug 06ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥40.00 on the 17th of November. This makes the dividend yield...
Major Estimate Revision • Aug 06Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥485.5b to JP¥535.5b. EPS estimate increased from JP¥210 to JP¥213 per share. Net income forecast to grow 13% next year vs 0.5% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price fell 4.0% to JP¥1,893 over the past week.
分析記事 • Aug 04New Forecasts: Here's What Analysts Think The Future Holds For ARE Holdings, Inc. (TSE:5857)Shareholders in ARE Holdings, Inc. ( TSE:5857 ) may be thrilled to learn that the analysts have just delivered a major...
お知らせ • Aug 04ARE Holdings, Inc. to Report Q2, 2026 Results on Oct 29, 2025ARE Holdings, Inc. announced that they will report Q2, 2026 results on Oct 29, 2025
分析記事 • Aug 03Revenue Beat: ARE Holdings, Inc. Exceeded Revenue Forecasts By 25% And Analysts Are Updating Their EstimatesShareholders might have noticed that ARE Holdings, Inc. ( TSE:5857 ) filed its quarterly result this time last week...
Reported Earnings • Jul 31First quarter 2026 earnings released: EPS: JP¥47.50 (vs JP¥41.83 in 1Q 2025)First quarter 2026 results: EPS: JP¥47.50 (up from JP¥41.83 in 1Q 2025). Revenue: JP¥137.1b (up 49% from 1Q 2025). Net income: JP¥3.64b (up 14% from 1Q 2025). Profit margin: 2.7% (down from 3.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.5%. 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 4% per year.
分析記事 • Jul 23ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 17th of November, with...
分析記事 • Jul 09ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 17th of November. Based...
Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 17th November 2025 Dividend yield will be 4.2%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (88% 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. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jun 25We Think ARE Holdings' (TSE:5857) Profit Is Only A Baseline For What They Can AchieveARE Holdings, Inc. ( TSE:5857 ) just reported healthy earnings but the stock price didn't move much. We think that...
Reported Earnings • Jun 21Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥187 (up from JP¥111 in FY 2024). Revenue: JP¥506.2b (up 57% from FY 2024). Net income: JP¥14.3b (up 68% from FY 2024). Profit margin: 2.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has fallen by 15% 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.
Buy Or Sell Opportunity • Jun 12Now 20% overvaluedOver the last 90 days, the stock has fallen 9.5% to JP¥1,786. The fair value is estimated to be JP¥1,488, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 7.5% per annum over the same time period.
Buy Or Sell Opportunity • May 26Now 20% overvaluedOver the last 90 days, the stock has fallen 5.3% to JP¥1,754. The fair value is estimated to be JP¥1,460, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 7.5% per annum over the same time period.
お知らせ • May 02ARE Holdings, Inc. to Report Q1, 2026 Results on Jul 30, 2025ARE Holdings, Inc. announced that they will report Q1, 2026 results on Jul 30, 2025
Price Target Changed • May 01Price target increased by 14% to JP¥2,500Up from JP¥2,200, the current price target is provided by 1 analyst. New target price is 43% above last closing price of JP¥1,749. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥187 last year.
分析記事 • Apr 29Earnings Update: ARE Holdings, Inc. (TSE:5857) Just Reported Its Annual Results And Analysts Are Updating Their ForecastsARE Holdings, Inc. ( TSE:5857 ) shareholders are probably feeling a little disappointed, since its shares fell 8.5% to...
Reported Earnings • Apr 26Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥187 (up from JP¥111 in FY 2024). Revenue: JP¥506.2b (up 57% from FY 2024). Net income: JP¥14.3b (up 68% from FY 2024). Profit margin: 2.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 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 fallen by 15% 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.
お知らせ • Apr 25ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,623, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Metals and Mining industry in Japan. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,141 per share.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (4.1%).
分析記事 • Mar 06Here's Why ARE Holdings (TSE:5857) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Feb 13ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 4th of June. The...
お知らせ • Feb 12ARE Holdings, Inc. to Report Fiscal Year 2025 Results on Apr 25, 2025ARE Holdings, Inc. announced that they will report fiscal year 2025 results on Apr 25, 2025
Major Estimate Revision • Feb 05Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥480.0b to JP¥500.0b. EPS estimate increased from JP¥170 to JP¥196 per share. Net income forecast to grow 4.0% next year vs 9.2% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥2,200 to JP¥2,300. Share price rose 13% to JP¥1,890 over the past week.
Reported Earnings • Jan 30Third quarter 2025 earnings released: EPS: JP¥62.40 (vs JP¥23.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥62.40 (up from JP¥23.97 in 3Q 2024). Revenue: JP¥132.6b (up 59% from 3Q 2024). Net income: JP¥4.78b (up 160% from 3Q 2024). Profit margin: 3.6% (up from 2.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% 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 33% 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.
分析記事 • Jan 29ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 4th of June...
お知らせ • Jan 29ARE Holdings, Inc. Provides Dividend Guidance for the Year Ending March 31, 2025ARE Holdings, Inc. provided dividend guidance for the year ending March 31, 2025. For the year, the company expected to pay dividend of JPY 40.00 per share compared to JPY 45.00 per share paid a year ago.
分析記事 • Jan 13ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 4th of June, with...
分析記事 • Dec 30ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 4th of June. This means...
分析記事 • Dec 13ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥40.00 on the 4th of June. The dividend yield of 4.7% is still a...
お知らせ • Dec 13ARE Holdings, Inc. to Report Q3, 2025 Results on Jan 29, 2025ARE Holdings, Inc. announced that they will report Q3, 2025 results on Jan 29, 2025
分析記事 • Nov 26Why ARE Holdings' (TSE:5857) Earnings Are Better Than They SeemARE Holdings, Inc.'s ( TSE:5857 ) solid earnings announcement recently didn't do much to the stock price. We did some...
分析記事 • Nov 17ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 4th of June. The...
Declared Dividend • Nov 16First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (161% 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. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥44.58 (vs JP¥37.36 in 2Q 2024)Second quarter 2025 results: EPS: JP¥44.58 (up from JP¥37.36 in 2Q 2024). Revenue: JP¥148.1b (up 73% from 2Q 2024). Net income: JP¥3.41b (up 19% from 2Q 2024). Profit margin: 2.3% (down from 3.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has fallen by 42% 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.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 November 2024. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (4.3%).
お知らせ • Aug 28ARE Holdings, Inc. to Report Q2, 2025 Results on Oct 30, 2024ARE Holdings, Inc. announced that they will report Q2, 2025 results on Oct 30, 2024
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥41.83 (vs JP¥31.26 in 1Q 2024)First quarter 2025 results: EPS: JP¥41.83 (up from JP¥31.26 in 1Q 2024). Revenue: JP¥92.3b (up 39% from 1Q 2024). Net income: JP¥3.20b (up 33% from 1Q 2024). Profit margin: 3.5% (in line with 1Q 2024). Revenue is forecast to grow 4.1% 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 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 18th November 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (145% 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. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 155%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% 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.
Reported Earnings • Apr 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 155%. Revenue is forecast to stay flat during the next 2 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 44% 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.
お知らせ • Apr 26+ 1 more updateARE Holdings, Inc., Annual General Meeting, Jun 18, 2024ARE Holdings, Inc., Annual General Meeting, Jun 18, 2024.
お知らせ • Apr 02Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857)Renatus Co.,Ltd agreed to acquire Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on October 26, 2023. As of March 31, 2023, Japan Waste Corporation reported net assets of ¥41.5 billion, total assets of ¥110 billion, net sales of ¥280 billion, operating profit of ¥17.4 billion, and net income of ¥12.7 billion. The agreement is expected to be signed in the End of February, 2024, and the deal is expected to be completed in the end of March, 2024. Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on March 31, 2024.
分析記事 • Mar 28ARE Holdings' (TSE:5857) Dividend Will Be ¥45.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 5th of June, with...
お知らせ • Mar 27ARE Holdings, Inc. Announces Change of Corporate Officers, as of April 1,2024ARE Holdings, Inc. announced changes in Directors and Officers of the Company and Group Companies effective as of April 1,2024, it Newly appointed Yoshihito Iwasa also announced Hiroyuki Nakanishi and Shohei Yasuda is Retiring.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (3.5%).
分析記事 • Mar 13ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥45.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥45.00 per share on the 5th of June. This...
お知らせ • Mar 02ARE Holdings, Inc. to Report Fiscal Year 2024 Results on Apr 25, 2024ARE Holdings, Inc. announced that they will report fiscal year 2024 results on Apr 25, 2024
お知らせ • Feb 29ARE Holdings, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending in March 2024ARE Holdings, Inc. provided consolidated earnings guidance for the fiscal year ending in March 2024. The company announced that, as stated in the "Notice on Conclusion of Basic Agreement on Share Exchange between Japan Waste, Consolidated Subsidiary, and Renatus Co. Ltd." dated October 26, 2023, the Company concluded a basic agreement with Renatus Co. Ltd. (hereinafter "Renatus") and J-STAR NO.5-A, LP to conduct a share exchange (hereinafter the "Share Exchange") in which Renatus would become the wholly owning parent company, and consolidated subsidiary, Japan Waste Corporation (hereinafter "Japan Waste"), would become the wholly owned subsidiary company, as of the same day. Due to the Share Exchange, Japan Waste will be classified as discontinued operations from the fourth quarter of the fiscal year ending March 2024. The impact of the Share Exchange on the Company's consolidated financial performance for the fiscal year ending in March 2024 is expected to be the decreases in revenue and operating profit from continued operations by approximately JPY 16,500 million and JPY 3,200 million, respectively.
分析記事 • Feb 28ARE Holdings (TSE:5857) Has Affirmed Its Dividend Of ¥45.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥45.00 on the 5th of June. This makes the dividend yield 4.6...
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥23.98 (vs JP¥37.59 in 3Q 2023)Third quarter 2024 results: EPS: JP¥23.98 (down from JP¥37.59 in 3Q 2023). Revenue: JP¥83.2b (up 14% from 3Q 2023). Net income: JP¥1.84b (down 36% from 3Q 2023). Profit margin: 2.2% (down from 3.9% in 3Q 2023). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 01+ 1 more updateAsahi Holdings, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Asahi Holdings, Inc. provided consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects revenue of JPY 290,000 million, operating profit of JPY 19,000 million and profit attributable to owners of parent of JPY 13,200 million or JPY 172.23 per basic share.
お知らせ • Dec 30ARE Holdings, Inc. to Report Q3, 2024 Results on Jan 31, 2024ARE Holdings, Inc. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥37.36 (vs JP¥38.93 in 2Q 2023)Second quarter 2024 results: EPS: JP¥37.36 (down from JP¥38.93 in 2Q 2023). Revenue: JP¥85.4b (up 17% from 2Q 2023). Net income: JP¥2.86b (down 5.4% from 2Q 2023). Profit margin: 3.4% (down from 4.1% in 2Q 2023). Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 1.3%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Major Estimate Revision • Oct 28Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥260.0b to JP¥290.0b. EPS estimate fell from JP¥164 to JP¥147. Net income forecast to grow 29% next year vs 6.3% decline forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,600 unchanged from last update. Share price was steady at JP¥1,865 over the past week.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥45.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 20 November 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (3.2%).
お知らせ • Aug 27ARE Holdings, Inc. to Report Q2, 2024 Results on Oct 26, 2023ARE Holdings, Inc. announced that they will report Q2, 2024 results on Oct 26, 2023
New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin).
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥31.26 (vs JP¥54.27 in 1Q 2023)First quarter 2024 results: EPS: JP¥31.26 (down from JP¥54.27 in 1Q 2023). Revenue: JP¥66.5b (up 11% from 1Q 2023). Net income: JP¥2.40b (down 44% from 1Q 2023). Profit margin: 3.6% (down from 7.1% in 1Q 2023). Revenue is expected to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Jun 24Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to decline by 4.6% 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 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 31Asahi Holdings, Inc. to Report Q1, 2024 Results on Jul 27, 2023Asahi Holdings, Inc. announced that they will report Q1, 2024 results on Jul 27, 2023
お知らせ • May 20Asahi Holdings, Inc. Announces Notice on the Change of DirectorsAsahi Holdings, Inc. announces that the Company has decided to submit a proposal for "Candidate for Director (excluding Directors who are Audit and Supervisory Committee Members)" and "Candidates for Directors who are Audit and Supervisory Committee Members" to the 14th Annual General Meeting of Shareholders to be convened on June 20, 2023. The Company also announces Directors and Officers of the Company and Group Companies scheduled to be appointed on June 20, 2023. Directors Planning to Retire (Scheduled on June 20, 2023). Name: Mitsuharu Terayama, Yuji Kimura, Kyoko Kanazawa. Current Position: Director and Chairman, Outside Director /Audit and Supervisory Committee Member, Outside Director /Audit and Supervisory Committee Member.
Reported Earnings • Apr 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to decline by 5.1% p.a. on average during the next 2 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 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥45.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (4.6%).
お知らせ • Feb 01+ 1 more updateAsahi Holdings, Inc. Provides Dividend Guidance for the Full Year Ending March 31, 2023Asahi Holdings, Inc. provides dividend guidance for the full year ending March 31, 2023. For the period, the company expects to pay JPY 45.00 against JPY 45.00 paid a year ago.
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥37.59 (vs JP¥49.77 in 3Q 2022)Third quarter 2023 results: EPS: JP¥37.59 (down from JP¥49.77 in 3Q 2022). Revenue: JP¥73.2b (up 54% from 3Q 2022). Net income: JP¥2.88b (down 26% from 3Q 2022). Profit margin: 3.9% (down from 8.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 1.6% 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 13% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Dec 17Asahi Holdings, Inc. to Report Q3, 2023 Results on Jan 31, 2023Asahi Holdings, Inc. announced that they will report Q3, 2023 results on Jan 31, 2023
Price Target Changed • Nov 16Price target decreased to JP¥2,740Down from JP¥3,100, the current price target is an average from 2 analysts. New target price is 40% above last closing price of JP¥1,958. Stock is down 4.3% over the past year. The company is forecast to post earnings per share of JP¥204 for next year compared to JP¥238 last year.
Major Estimate Revision • Nov 03Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥222.6b to JP¥270.0b. EPS estimate fell from JP¥215 to JP¥204. Net income forecast to grow 2.7% next year vs 16% decline forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price was steady at JP¥1,915 over the past week.
Buying Opportunity • Nov 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be JP¥2,369, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 1.8% in 2 years. Earnings is forecast to grow by 14% in the next 2 years.
Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥38.93 (vs JP¥61.09 in 2Q 2022)Second quarter 2023 results: EPS: JP¥38.93 (down from JP¥61.09 in 2Q 2022). Revenue: JP¥72.9b (up 57% from 2Q 2022). Net income: JP¥3.03b (down 37% from 2Q 2022). Profit margin: 4.1% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% 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 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
