View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsDaiken 配当と自社株買い配当金 基準チェック /46Daiken配当を支払う会社であり、現在の利回りは4.01%で、収益によって十分にカバーされています。主要情報4.0%配当利回り0.001%バイバック利回り総株主利回り4.0%将来の配当利回り4.0%配当成長10.9%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向81%最近の配当と自社株買いの更新Upcoming Dividend • Sep 21Upcoming dividend of JP¥60.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%).Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.7%).Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.9%).Upcoming Dividend • Mar 23Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).Upcoming Dividend • Sep 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.1%).Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%).すべての更新を表示Recent updatesお知らせ • Dec 02Daiken Corporation to Delist from Prime Section of Tokyo Stock ExchangeDaiken Corporation will be delisted from prime section of Tokyo Stock Exchange effective from December 21, 2023. Delisting is due to Reverse stock split.New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 4.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin).Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥42.98 (vs JP¥233 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.98 (down from JP¥233 in 2Q 2023). Revenue: JP¥54.3b (down 8.9% from 2Q 2023). Net income: JP¥1.12b (down 82% from 2Q 2023). Profit margin: 2.1% (down from 10% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.お知らせ • Oct 12ITOCHU Corporation (TSE:8001) completed the acquisition of 51.024636% stake in Daiken Corporation (TSE:7905).ITOCHU Corporation (TSE:8001) made a bid to acquire Daiken Corporation (TSE:7905) for ¥49.8 billion on August 10, 2023. ITOCHU Corporation will acquire Daiken Corporation at ¥3000 per share. The offer will close on October 10, 2023. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 had ended on August 25, 2023. Nakamura, Tsunoda & Matsumoto acted as legal advisor to Daiken, Daiwa Securities Co. Ltd. acted as financial advisor to Daiken and JPMorgan Securities Japan Co., Ltd. acted as financial advisor to Itochu. ITOCHU Corporation (TSE:8001) completed the acquisition of 51.024636% stake in Daiken Corporation (TSE:7905) on October 10, 2023.お知らせ • Sep 27Daiken Corporation to Report Q2, 2024 Results on Nov 09, 2023Daiken Corporation announced that they will report Q2, 2024 results on Nov 09, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥60.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%).Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improves as stock rises 29%After last week's 29% share price gain to JP¥3,025, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 11x in the Forestry industry in Japan. Total returns to shareholders of 113% over the past three years.New Risk • Aug 15New 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 6.3% 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 (6.3% average weekly change). Large one-off items impacting financial results.Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥7.13 (vs JP¥65.40 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.13 (down from JP¥65.40 in 1Q 2023). Revenue: JP¥50.8b (down 16% from 1Q 2023). Net income: JP¥186.0m (down 89% from 1Q 2023). Profit margin: 0.4% (down from 2.8% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 26Daiken Corporation to Report Q1, 2024 Results on Aug 10, 2023Daiken Corporation announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥396 (vs JP¥302 in FY 2022)Full year 2023 results: EPS: JP¥396 (up from JP¥302 in FY 2022). Revenue: JP¥228.8b (up 2.4% from FY 2022). Net income: JP¥10.3b (up 31% from FY 2022). Profit margin: 4.5% (up from 3.5% in FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • May 13Daiken Corporation, Annual General Meeting, Jun 23, 2023Daiken Corporation, Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.7%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥66.01 (vs JP¥71.19 in 3Q 2022)Third quarter 2023 results: EPS: JP¥66.01 (down from JP¥71.19 in 3Q 2022). Revenue: JP¥56.1b (down 3.5% from 3Q 2022). Net income: JP¥1.72b (down 7.2% from 3Q 2022). Profit margin: 3.1% (down from 3.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 26Daiken Corporation to Report Q3, 2023 Results on Feb 10, 2023Daiken Corporation announced that they will report Q3, 2023 results on Feb 10, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Outside Independent Director Shingo Ishizaki was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥233 (vs JP¥99.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥233 (up from JP¥99.89 in 2Q 2022). Revenue: JP¥59.6b (up 6.1% from 2Q 2022). Net income: JP¥6.07b (up 133% from 2Q 2022). Profit margin: 10% (up from 4.6% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 28Daiken Corporation to Report Q2, 2023 Results on Nov 11, 2022Daiken Corporation announced that they will report Q2, 2023 results on Nov 11, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.9%).Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥65.39 (vs JP¥89.54 in 1Q 2022)First quarter 2023 results: EPS: JP¥65.39 (down from JP¥89.54 in 1Q 2022). Revenue: JP¥60.7b (up 15% from 1Q 2022). Net income: JP¥1.70b (down 27% from 1Q 2022). Profit margin: 2.8% (down from 4.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥302 (vs JP¥216 in FY 2021)Full year 2022 results: EPS: JP¥302 (up from JP¥216 in FY 2021). Revenue: JP¥223.4b (up 12% from FY 2021). Net income: JP¥7.87b (up 40% from FY 2021). Profit margin: 3.5% (up from 2.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • May 18Daiken Corporation, Annual General Meeting, Jun 24, 2022Daiken Corporation, Annual General Meeting, Jun 24, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Outside Independent Director Shingo Ishizaki was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08Daiken Corporation to Report Fiscal Year 2022 Results on May 13, 2022Daiken Corporation announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).Reported Earnings • Feb 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥71.19 (up from JP¥68.54 in 3Q 2021). Revenue: JP¥58.1b (up 7.9% from 3Q 2021). Net income: JP¥1.86b (up 3.9% from 3Q 2021). Profit margin: 3.2% (down from 3.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 87%. Over the next year, revenue is expected to shrink by 5.1% compared to a 2.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥99.89 (vs JP¥62.24 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥56.1b (up 14% from 2Q 2021). Net income: JP¥2.60b (up 61% from 2Q 2021). Profit margin: 4.6% (up from 3.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.1%).Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥89.54 (vs JP¥14.02 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥52.9b (up 22% from 1Q 2021). Net income: JP¥2.33b (up JP¥1.97b from 1Q 2021). Profit margin: 4.4% (up from 0.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.お知らせ • May 29Hokushin Co., Ltd. (TSE:7897) acquired the remaining 51% stake in C&H K.K. from Daiken Corporation (TSE:7905) for ¥51 million.Hokushin Co., Ltd. (TSE:7897) agreed to acquire the remaining 51% stake in C&H K.K. from Daiken Corporation (TSE:7905) for ¥51 million on March 26, 2021. Hokushin Co., Ltd. entered in to the contract to acquire the remaining 51% stake in C&H K.K. from Daiken Corporation on March 31, 2021. Hokushin Co., Ltd will acquire million common stock in C&H K.K. Hokushin Co., Ltd. (TSE:7897) completed the acquisition of the remaining 51% stake in C&H K.K. from Daiken Corporation (TSE:7905) on March 31, 2021.Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥216 (vs JP¥209 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥199.2b (down 1.6% from FY 2020). Net income: JP¥5.62b (up 3.2% from FY 2020). Profit margin: 2.8% (up from 2.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%).Is New 90 Day High Low • Mar 02New 90-day high: JP¥2,086The company is up 6.0% from its price of JP¥1,976 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 27% over the same period.Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥68.53 (vs JP¥71.92 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥53.9b (up 2.9% from 3Q 2020). Net income: JP¥1.79b (down 4.6% from 3Q 2020). Profit margin: 3.3% (down from 3.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year.Is New 90 Day High Low • Jan 19New 90-day low: JP¥1,660The company is down 15% from its price of JP¥1,953 on 21 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 25% over the same period.Is New 90 Day High Low • Dec 30New 90-day low: JP¥1,752The company is down 4.0% from its price of JP¥1,833 on 30 September 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 17% over the same period.お知らせ • Dec 27Daiken Corporation to Report Q3, 2021 Results on Feb 10, 2021Daiken Corporation announced that they will report Q3, 2021 results on Feb 10, 2021お知らせ • Oct 10Daiken Corporation to Report Q2, 2021 Results on Nov 06, 2020Daiken Corporation announced that they will report Q2, 2021 results on Nov 06, 2020決済の安定と成長配当データの取得安定した配当: 7905の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 7905の配当金は過去10年間にわたって増加しています。配当利回り対市場Daiken 配当利回り対市場7905 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (7905)4.0%市場下位25% (JP)1.7%市場トップ25% (JP)3.7%業界平均 (Forestry)3.4%アナリスト予想 (7905) (最長3年)4.0%注目すべき配当: 7905の配当金 ( 4.01% ) はJP市場の配当金支払者の下位 25% ( 1.72% ) よりも高くなっています。高配当: 7905の配当金 ( 4.01% ) はJP市場 ( 3.74% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 現在の配当性向（ 81% ）では、 7905の支払いは利益によってカバーされています。株主配当金キャッシュフローカバレッジ: 7905は高い 現金配当性向 ( 111% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YJP 市場の強力な配当支払い企業。View Management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2023/12/26 23:46終値2023/12/20 00:00収益2023/09/30年間収益2023/03/31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Daiken Corporation これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Yusuke NaitoIchiyoshi Research Institute Inc.Takeaki OikawaNomura Securities Co. Ltd.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥60.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.7%).
Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.9%).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).
Upcoming Dividend • Sep 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.1%).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%).
お知らせ • Dec 02Daiken Corporation to Delist from Prime Section of Tokyo Stock ExchangeDaiken Corporation will be delisted from prime section of Tokyo Stock Exchange effective from December 21, 2023. Delisting is due to Reverse stock split.
New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 4.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin).
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥42.98 (vs JP¥233 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.98 (down from JP¥233 in 2Q 2023). Revenue: JP¥54.3b (down 8.9% from 2Q 2023). Net income: JP¥1.12b (down 82% from 2Q 2023). Profit margin: 2.1% (down from 10% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Oct 12ITOCHU Corporation (TSE:8001) completed the acquisition of 51.024636% stake in Daiken Corporation (TSE:7905).ITOCHU Corporation (TSE:8001) made a bid to acquire Daiken Corporation (TSE:7905) for ¥49.8 billion on August 10, 2023. ITOCHU Corporation will acquire Daiken Corporation at ¥3000 per share. The offer will close on October 10, 2023. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 had ended on August 25, 2023. Nakamura, Tsunoda & Matsumoto acted as legal advisor to Daiken, Daiwa Securities Co. Ltd. acted as financial advisor to Daiken and JPMorgan Securities Japan Co., Ltd. acted as financial advisor to Itochu. ITOCHU Corporation (TSE:8001) completed the acquisition of 51.024636% stake in Daiken Corporation (TSE:7905) on October 10, 2023.
お知らせ • Sep 27Daiken Corporation to Report Q2, 2024 Results on Nov 09, 2023Daiken Corporation announced that they will report Q2, 2024 results on Nov 09, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥60.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%).
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improves as stock rises 29%After last week's 29% share price gain to JP¥3,025, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 11x in the Forestry industry in Japan. Total returns to shareholders of 113% over the past three years.
New Risk • Aug 15New 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 6.3% 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 (6.3% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥7.13 (vs JP¥65.40 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.13 (down from JP¥65.40 in 1Q 2023). Revenue: JP¥50.8b (down 16% from 1Q 2023). Net income: JP¥186.0m (down 89% from 1Q 2023). Profit margin: 0.4% (down from 2.8% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 26Daiken Corporation to Report Q1, 2024 Results on Aug 10, 2023Daiken Corporation announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥396 (vs JP¥302 in FY 2022)Full year 2023 results: EPS: JP¥396 (up from JP¥302 in FY 2022). Revenue: JP¥228.8b (up 2.4% from FY 2022). Net income: JP¥10.3b (up 31% from FY 2022). Profit margin: 4.5% (up from 3.5% in FY 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13Daiken Corporation, Annual General Meeting, Jun 23, 2023Daiken Corporation, Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.7%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥66.01 (vs JP¥71.19 in 3Q 2022)Third quarter 2023 results: EPS: JP¥66.01 (down from JP¥71.19 in 3Q 2022). Revenue: JP¥56.1b (down 3.5% from 3Q 2022). Net income: JP¥1.72b (down 7.2% from 3Q 2022). Profit margin: 3.1% (down from 3.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 26Daiken Corporation to Report Q3, 2023 Results on Feb 10, 2023Daiken Corporation announced that they will report Q3, 2023 results on Feb 10, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Outside Independent Director Shingo Ishizaki was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥233 (vs JP¥99.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥233 (up from JP¥99.89 in 2Q 2022). Revenue: JP¥59.6b (up 6.1% from 2Q 2022). Net income: JP¥6.07b (up 133% from 2Q 2022). Profit margin: 10% (up from 4.6% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 28Daiken Corporation to Report Q2, 2023 Results on Nov 11, 2022Daiken Corporation announced that they will report Q2, 2023 results on Nov 11, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.9%).
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥65.39 (vs JP¥89.54 in 1Q 2022)First quarter 2023 results: EPS: JP¥65.39 (down from JP¥89.54 in 1Q 2022). Revenue: JP¥60.7b (up 15% from 1Q 2022). Net income: JP¥1.70b (down 27% from 1Q 2022). Profit margin: 2.8% (down from 4.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥302 (vs JP¥216 in FY 2021)Full year 2022 results: EPS: JP¥302 (up from JP¥216 in FY 2021). Revenue: JP¥223.4b (up 12% from FY 2021). Net income: JP¥7.87b (up 40% from FY 2021). Profit margin: 3.5% (up from 2.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • May 18Daiken Corporation, Annual General Meeting, Jun 24, 2022Daiken Corporation, Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Outside Independent Director Shingo Ishizaki was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08Daiken Corporation to Report Fiscal Year 2022 Results on May 13, 2022Daiken Corporation announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).
Reported Earnings • Feb 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥71.19 (up from JP¥68.54 in 3Q 2021). Revenue: JP¥58.1b (up 7.9% from 3Q 2021). Net income: JP¥1.86b (up 3.9% from 3Q 2021). Profit margin: 3.2% (down from 3.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 87%. Over the next year, revenue is expected to shrink by 5.1% compared to a 2.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥99.89 (vs JP¥62.24 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥56.1b (up 14% from 2Q 2021). Net income: JP¥2.60b (up 61% from 2Q 2021). Profit margin: 4.6% (up from 3.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.1%).
Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥89.54 (vs JP¥14.02 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥52.9b (up 22% from 1Q 2021). Net income: JP¥2.33b (up JP¥1.97b from 1Q 2021). Profit margin: 4.4% (up from 0.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.
お知らせ • May 29Hokushin Co., Ltd. (TSE:7897) acquired the remaining 51% stake in C&H K.K. from Daiken Corporation (TSE:7905) for ¥51 million.Hokushin Co., Ltd. (TSE:7897) agreed to acquire the remaining 51% stake in C&H K.K. from Daiken Corporation (TSE:7905) for ¥51 million on March 26, 2021. Hokushin Co., Ltd. entered in to the contract to acquire the remaining 51% stake in C&H K.K. from Daiken Corporation on March 31, 2021. Hokushin Co., Ltd will acquire million common stock in C&H K.K. Hokushin Co., Ltd. (TSE:7897) completed the acquisition of the remaining 51% stake in C&H K.K. from Daiken Corporation (TSE:7905) on March 31, 2021.
Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥216 (vs JP¥209 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥199.2b (down 1.6% from FY 2020). Net income: JP¥5.62b (up 3.2% from FY 2020). Profit margin: 2.8% (up from 2.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%).
Is New 90 Day High Low • Mar 02New 90-day high: JP¥2,086The company is up 6.0% from its price of JP¥1,976 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 27% over the same period.
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥68.53 (vs JP¥71.92 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥53.9b (up 2.9% from 3Q 2020). Net income: JP¥1.79b (down 4.6% from 3Q 2020). Profit margin: 3.3% (down from 3.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year.
Is New 90 Day High Low • Jan 19New 90-day low: JP¥1,660The company is down 15% from its price of JP¥1,953 on 21 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 25% over the same period.
Is New 90 Day High Low • Dec 30New 90-day low: JP¥1,752The company is down 4.0% from its price of JP¥1,833 on 30 September 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 17% over the same period.
お知らせ • Dec 27Daiken Corporation to Report Q3, 2021 Results on Feb 10, 2021Daiken Corporation announced that they will report Q3, 2021 results on Feb 10, 2021
お知らせ • Oct 10Daiken Corporation to Report Q2, 2021 Results on Nov 06, 2020Daiken Corporation announced that they will report Q2, 2021 results on Nov 06, 2020