TOWLtd（4767）株式概要株式会社TOWは、日本国内を中心にイベント・セミナーの企画・制作・施工・制作・運営を行っています。 詳細4767 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績1/6財務の健全性6/6配当金5/6報酬当社が推定した公正価値より58.9%で取引されている リスク分析意味のある時価総額がありません ( ¥15B )不安定な配当実績 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る4767 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¥351.0024.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture033b2016201920222025202620282031Revenue JP¥33.3bEarnings JP¥2.0bAdvancedSet Fair ValueView all narrativesTOW Co.,Ltd. 競合他社HitSymbol: TSE:378AMarket cap: JP¥15.4bFrontier InternationalSymbol: TSE:7050Market cap: JP¥11.5bMembersSymbol: TSE:2130Market cap: JP¥13.1bMicroAdSymbol: TSE:9553Market cap: JP¥15.7b価格と性能株価の高値、安値、推移の概要TOWLtd過去の株価現在の株価JP¥351.0052週高値JP¥398.0052週安値JP¥305.00ベータ0.261ヶ月の変化-5.39%3ヶ月変化-4.36%1年変化10.73%3年間の変化8.67%5年間の変化3.85%IPOからの変化242.73%最新ニュースお知らせ • Jun 03TOW Co.,Ltd. to Report Fiscal Year 2026 Results on Aug 07, 2026TOW Co.,Ltd. announced that they will report fiscal year 2026 results on Aug 07, 2026Reported Earnings • May 20Third quarter 2026 earnings released: EPS: JP¥2.20 (vs JP¥4.29 in 3Q 2025)Third quarter 2026 results: EPS: JP¥2.20 (down from JP¥4.29 in 3Q 2025). Revenue: JP¥3.59b (down 3.3% from 3Q 2025). Net income: JP¥91.0m (down 48% from 3Q 2025). Profit margin: 2.5% (down from 4.7% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 16Second quarter 2026 earnings released: EPS: JP¥14.07 (vs JP¥12.57 in 2Q 2025)Second quarter 2026 results: EPS: JP¥14.07 (up from JP¥12.57 in 2Q 2025). Revenue: JP¥5.90b (up 19% from 2Q 2025). Net income: JP¥579.0m (up 13% from 2Q 2025). Profit margin: 9.8% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥9.15 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).お知らせ • Nov 29TOW Co.,Ltd. to Report Q2, 2026 Results on Feb 13, 2026TOW Co.,Ltd. announced that they will report Q2, 2026 results on Feb 13, 2026Reported Earnings • Nov 18First quarter 2026 earnings released: EPS: JP¥5.86 (vs JP¥5.59 in 1Q 2025)First quarter 2026 results: EPS: JP¥5.86 (up from JP¥5.59 in 1Q 2025). Revenue: JP¥4.30b (up 12% from 1Q 2025). Net income: JP¥240.0m (up 5.7% from 1Q 2025). Profit margin: 5.6% (down from 5.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.最新情報をもっと見るRecent updatesお知らせ • Jun 03TOW Co.,Ltd. to Report Fiscal Year 2026 Results on Aug 07, 2026TOW Co.,Ltd. announced that they will report fiscal year 2026 results on Aug 07, 2026Reported Earnings • May 20Third quarter 2026 earnings released: EPS: JP¥2.20 (vs JP¥4.29 in 3Q 2025)Third quarter 2026 results: EPS: JP¥2.20 (down from JP¥4.29 in 3Q 2025). Revenue: JP¥3.59b (down 3.3% from 3Q 2025). Net income: JP¥91.0m (down 48% from 3Q 2025). Profit margin: 2.5% (down from 4.7% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 16Second quarter 2026 earnings released: EPS: JP¥14.07 (vs JP¥12.57 in 2Q 2025)Second quarter 2026 results: EPS: JP¥14.07 (up from JP¥12.57 in 2Q 2025). Revenue: JP¥5.90b (up 19% from 2Q 2025). Net income: JP¥579.0m (up 13% from 2Q 2025). Profit margin: 9.8% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥9.15 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).お知らせ • Nov 29TOW Co.,Ltd. to Report Q2, 2026 Results on Feb 13, 2026TOW Co.,Ltd. announced that they will report Q2, 2026 results on Feb 13, 2026Reported Earnings • Nov 18First quarter 2026 earnings released: EPS: JP¥5.86 (vs JP¥5.59 in 1Q 2025)First quarter 2026 results: EPS: JP¥5.86 (up from JP¥5.59 in 1Q 2025). Revenue: JP¥4.30b (up 12% from 1Q 2025). Net income: JP¥240.0m (up 5.7% from 1Q 2025). Profit margin: 5.6% (down from 5.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 01TOW Co.,Ltd. to Report Q1, 2026 Results on Nov 14, 2025TOW Co.,Ltd. announced that they will report Q1, 2026 results on Nov 14, 2025分析記事 • Aug 14TOWLtd's (TSE:4767) Soft Earnings Don't Show The Whole PictureTSE:4767 1 Year Share Price vs Fair Value Explore TOWLtd's Fair Values from the Community and select yours TOW...New Risk • Aug 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% 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 Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Dividend is not well covered by cash flows (97% cash payout ratio).Reported Earnings • Aug 08Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥27.71 (down from JP¥34.69 in FY 2024). Revenue: JP¥17.8b (up 1.6% from FY 2024). Net income: JP¥1.13b (down 19% from FY 2024). Profit margin: 6.4% (down from 8.0% in FY 2024). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 07TOW Co.,Ltd., Annual General Meeting, Sep 25, 2025TOW Co.,Ltd., Annual General Meeting, Sep 25, 2025.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥366, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 18x in the Media industry in Japan. Total returns to shareholders of 33% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of JP¥7.50 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.1%).お知らせ • Jun 04TOW Co.,Ltd. to Report Fiscal Year 2025 Results on Aug 07, 2025TOW Co.,Ltd. announced that they will report fiscal year 2025 results on Aug 07, 2025Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥4.29 (vs JP¥5.49 in 3Q 2024)Third quarter 2025 results: EPS: JP¥4.29 (down from JP¥5.49 in 3Q 2024). Revenue: JP¥3.72b (up 3.5% from 3Q 2024). Net income: JP¥176.0m (down 21% from 3Q 2024). Profit margin: 4.7% (down from 6.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Apr 08Now 23% overvaluedOver the last 90 days, the stock has fallen 3.8% to JP¥302. The fair value is estimated to be JP¥245, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 50%.お知らせ • Mar 04TOW Co.,Ltd. to Report Q3, 2025 Results on May 15, 2025TOW Co.,Ltd. announced that they will report Q3, 2025 results on May 15, 2025Reported Earnings • Feb 15Second quarter 2025 earnings released: EPS: JP¥12.57 (vs JP¥15.93 in 2Q 2024)Second quarter 2025 results: EPS: JP¥12.57 (down from JP¥15.93 in 2Q 2024). Revenue: JP¥4.96b (down 14% from 2Q 2024). Net income: JP¥513.0m (down 21% from 2Q 2024). Profit margin: 10% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 20Upcoming dividend of JP¥7.50 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 06 March 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%).お知らせ • Dec 03TOW Co.,Ltd. to Report Q2, 2025 Results on Feb 13, 2025TOW Co.,Ltd. announced that they will report Q2, 2025 results on Feb 13, 2025分析記事 • Oct 03TOWLtd's (TSE:4767) Performance Is Even Better Than Its Earnings SuggestEven though TOW Co.,Ltd.'s ( TSE:4767 ) recent earnings release was robust, the market didn't seem to notice. We think...お知らせ • Aug 29TOW Co.,Ltd. to Report Q1, 2025 Results on Nov 15, 2024TOW Co.,Ltd. announced that they will report Q1, 2025 results on Nov 15, 2024Reported Earnings • Aug 13Full year 2024 earnings released: EPS: JP¥34.69 (vs JP¥8.59 in FY 2023)Full year 2024 results: EPS: JP¥34.69 (up from JP¥8.59 in FY 2023). Revenue: JP¥17.5b (up 49% from FY 2023). Net income: JP¥1.41b (up 296% from FY 2023). Profit margin: 8.0% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 08TOW Co.,Ltd., Annual General Meeting, Sep 25, 2024TOW Co.,Ltd., Annual General Meeting, Sep 25, 2024.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥289, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 6.2% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 25 September 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).お知らせ • Jun 05TOW Co.,Ltd. to Report Fiscal Year 2024 Results on Aug 08, 2024TOW Co.,Ltd. announced that they will report fiscal year 2024 results on Aug 08, 2024Reported Earnings • May 20Third quarter 2024 earnings released: EPS: JP¥5.49 (vs JP¥3.33 in 3Q 2023)Third quarter 2024 results: EPS: JP¥5.49 (up from JP¥3.33 in 3Q 2023). Revenue: JP¥3.59b (up 40% from 3Q 2023). Net income: JP¥223.0m (up 66% from 3Q 2023). Profit margin: 6.2% (up from 5.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 25TOW Co.,Ltd. to Report Q3, 2024 Results on May 15, 2024TOW Co.,Ltd. announced that they will report Q3, 2024 results on May 15, 2024Reported Earnings • Feb 10Second quarter 2024 earnings released: EPS: JP¥15.93 (vs JP¥8.56 in 2Q 2023)Second quarter 2024 results: EPS: JP¥15.93 (up from JP¥8.56 in 2Q 2023). Revenue: JP¥5.77b (up 56% from 2Q 2023). Net income: JP¥645.0m (up 88% from 2Q 2023). Profit margin: 11% (up from 9.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of JP¥7.00 per share at 4.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 06 March 2024. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.7%).お知らせ • Nov 27TOW Co.,Ltd. to Report Q2, 2024 Results on Feb 08, 2024TOW Co.,Ltd. announced that they will report Q2, 2024 results on Feb 08, 2024Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: JP¥6.16 (vs JP¥7.34 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥6.16 (up from JP¥7.34 loss in 1Q 2023). Revenue: JP¥3.79b (up 41% from 1Q 2023). Net income: JP¥248.0m (up JP¥575.0m from 1Q 2023). Profit margin: 6.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Aug 27TOW Co.,Ltd. to Report Q1, 2024 Results on Nov 14, 2023TOW Co.,Ltd. announced that they will report Q1, 2024 results on Nov 14, 2023New Risk • Aug 13New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 132% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. High level of non-cash earnings (35% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (JP¥12.5b market cap, or US$86.1m).お知らせ • Aug 11TOW Co.,Ltd., Annual General Meeting, Sep 22, 2023TOW Co.,Ltd., Annual General Meeting, Sep 22, 2023.Reported Earnings • Aug 10Full year 2023 earnings released: EPS: JP¥8.59 (vs JP¥13.21 in FY 2022)Full year 2023 results: EPS: JP¥8.59 (down from JP¥13.21 in FY 2022). Revenue: JP¥11.8b (up 5.7% from FY 2022). Net income: JP¥355.0m (down 41% from FY 2022). Profit margin: 3.0% (down from 5.4% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Jun 28TOW Co.,Ltd. to Report Fiscal Year 2023 Results on Aug 09, 2023TOW Co.,Ltd. announced that they will report fiscal year 2023 results on Aug 09, 2023Upcoming Dividend • Jun 22Upcoming dividend of JP¥7.20 per share at 4.4% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 26 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.4%).Reported Earnings • May 19Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: JP¥3.33. Revenue: JP¥2.57b (up 36% from 3Q 2022). Net income: JP¥134.0m (up JP¥134.0m from 3Q 2022). Profit margin: 5.2% (up from 0% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 10Second quarter 2023 earnings released: EPS: JP¥8.56 (vs JP¥6.44 in 2Q 2022)Second quarter 2023 results: EPS: JP¥8.56 (up from JP¥6.44 in 2Q 2022). Revenue: JP¥3.69b (flat on 2Q 2022). Net income: JP¥344.0m (up 18% from 2Q 2022). Profit margin: 9.3% (up from 7.8% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Dec 28TOW Co.,Ltd. to Report Q2, 2023 Results on Feb 08, 2023TOW Co.,Ltd. announced that they will report Q2, 2023 results on Feb 08, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.20 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 07 March 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%).Reported Earnings • Nov 16First quarter 2023 earnings released: JP¥7.34 loss per share (vs JP¥5.16 profit in 1Q 2022)First quarter 2023 results: JP¥7.34 loss per share (down from JP¥5.16 profit in 1Q 2022). Revenue: JP¥2.70b (down 13% from 1Q 2022). Net loss: JP¥327.0m (down 241% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Outside Director Shintaro Hagiwara was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Sep 28TOW Co.,Ltd. to Report Q1, 2023 Results on Nov 14, 2022TOW Co.,Ltd. announced that they will report Q1, 2023 results on Nov 14, 2022お知らせ • Sep 16TOW Co.,Ltd. (TSE:4767) announces an Equity Buyback for 5,500,000 shares, representing 12.1% for ¥1,694 million.TOW Co.,Ltd. (TSE:4767) announces a share repurchase program. Under the program, the company will repurchase up to 5,500,000 shares, representing 12.1% of its issued share capital, for ¥1,694 million. The shares will be repurchased at a price of ¥308 per share. The purpose of the program is to flexibly implement capital policies in response to changes in the business environment. As of June 30, 2022, the company had 45,472,344 shares issued and 3,496,752 shares in treasury.お知らせ • Aug 11TOW Co.,Ltd., Annual General Meeting, Sep 22, 2022TOW Co.,Ltd., Annual General Meeting, Sep 22, 2022.Reported Earnings • Aug 11Full year 2022 earnings released: EPS: JP¥13.21 (vs JP¥10.12 in FY 2021)Full year 2022 results: EPS: JP¥13.21 (up from JP¥10.12 in FY 2021). Revenue: JP¥11.1b (down 8.8% from FY 2021). Net income: JP¥598.0m (up 31% from FY 2021). Profit margin: 5.4% (up from 3.7% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% 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.Upcoming Dividend • Jun 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 27 September 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).お知らせ • Jun 03TOW Co.,Ltd. to Report Fiscal Year 2022 Results on Aug 09, 2022TOW Co.,Ltd. announced that they will report fiscal year 2022 results on Aug 09, 2022Reported Earnings • May 18Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: JP¥1.89b (up 52% from 3Q 2021). Net income: JP¥0 (up JP¥127.0m from 3Q 2021). Profit margin: 0% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% 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.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Outside Director Shintaro Hagiwara was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Feb 27TOW Co.,Ltd. to Report Q3, 2022 Results on May 13, 2022TOW Co.,Ltd. announced that they will report Q3, 2022 results on May 13, 2022Reported Earnings • Feb 09Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥6.44 (up from JP¥4.20 in 2Q 2021). Revenue: JP¥3.72b (up 27% from 2Q 2021). Net income: JP¥291.0m (up 54% from 2Q 2021). Profit margin: 7.8% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 05 March 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%).Reported Earnings • Nov 16First quarter 2022 earnings released: EPS JP¥5.16 (vs JP¥2.49 in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥3.10b (down 38% from 1Q 2021). Net income: JP¥232.0m (up 107% from 1Q 2021). Profit margin: 7.5% (up from 2.2% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 27% 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.Reported Earnings • Aug 12Full year 2021 earnings released: EPS JP¥10.12 (vs JP¥35.25 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥12.2b (down 37% from FY 2020). Net income: JP¥455.0m (down 71% from FY 2020). Profit margin: 3.7% (down from 8.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% 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 • Jun 23Upcoming dividend of JP¥6.80 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 28 September 2021. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.6%).Reported Earnings • May 18Third quarter 2021 earnings released: JP¥2.82 loss per share (vs JP¥6.45 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥1.25b (down 64% from 3Q 2020). Net loss: JP¥127.0m (down 144% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year.Is New 90 Day High Low • Mar 11New 90-day high: JP¥311The company is up 10.0% from its price of JP¥284 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 12% over the same period.お知らせ • Feb 28TOW Co.,Ltd. to Report Q3, 2021 Results on May 14, 2021TOW Co.,Ltd. announced that they will report Q3, 2021 results on May 14, 2021Reported Earnings • Feb 10Second quarter 2021 earnings released: EPS JP¥4.20 (vs JP¥14.73 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.93b (down 51% from 2Q 2020). Net income: JP¥189.0m (down 72% from 2Q 2020). Profit margin: 6.5% (down from 11% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 10New 90-day high: JP¥300The company is up 1.0% from its price of JP¥298 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 10.0% over the same period.Is New 90 Day High Low • Jan 04New 90-day low: JP¥258The company is down 19% from its price of JP¥319 on 06 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period.Upcoming Dividend • Dec 22Upcoming Dividend of JP¥6.10 Per ShareWill be paid on the 6th of March to those who are registered shareholders by the 29th of December. The trailing yield of 6.5% is in the top quartile of Japanese dividend payers (3.0%), and it is higher than industry peers (2.0%).Is New 90 Day High Low • Dec 18New 90-day low: JP¥274The company is down 19% from its price of JP¥337 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period.お知らせ • Dec 04TOW Co.,Ltd. to Report Q2, 2021 Results on Feb 08, 2021TOW Co.,Ltd. announced that they will report Q2, 2021 results on Feb 08, 2021お知らせ • Aug 30TOW Co.,Ltd. to Report Q1, 2021 Results on Nov 13, 2020TOW Co.,Ltd. announced that they will report Q1, 2021 results on Nov 13, 2020株主還元4767JP MediaJP 市場7D1.2%-0.5%-2.4%1Y10.7%2.5%38.4%株主還元を見る業界別リターン: 4767過去 1 年間で2.5 % の収益を上げたJP Media業界を上回りました。リターン対市場: 4767は、過去 1 年間で38.4 % のリターンを上げたJP市場を下回りました。価格変動Is 4767's price volatile compared to industry and market?4767 volatility4767 Average Weekly Movement2.5%Media Industry Average Movement4.9%Market Average Movement4.7%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.4%安定した株価: 4767 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 4767の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1976302Kenichi Muratsuwww.tow.co.jp株式会社TOWは、日本国内を中心にイベント・セミナーの企画・制作・施工・制作・運営を行っている。また、プロモーションや各種イベントの請負として、建築物の施工・演出、内装工事、電気設備工事なども手がけている。また、広告・広報イベントや販促キャンペーンの企画・制作、メディア・媒体コンテンツの企画・制作・運営、映像・音響ソフトの企画・制作・取得・管理・販売、総合プロモーションの企画・制作、展示会・インテリアの企画・出版なども行っている。また、販売促進に関する広告・販促品・景品類の企画・制作・販売・輸出入、各種印刷物の企画・制作・出版を行っている。同社は1976年に設立され、東京に本社を置く。もっと見るTOW Co.,Ltd. 基礎のまとめTOWLtd の収益と売上を時価総額と比較するとどうか。4767 基礎統計学時価総額JP¥14.52b収益（TTM）JP¥1.13b売上高(TTM)JP¥19.05b12.9xPER（株価収益率0.8xP/Sレシオ4767 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4767 損益計算書（TTM）収益JP¥19.05b売上原価JP¥15.68b売上総利益JP¥3.38bその他の費用JP¥2.25b収益JP¥1.13b直近の収益報告Mar 31, 2026次回決算日Aug 07, 2026一株当たり利益（EPS）27.22グロス・マージン17.72%純利益率5.91%有利子負債／自己資本比率5.8%4767 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5.2%現在の配当利回り27%配当性向4767 配当は確実ですか？4767 配当履歴とベンチマークを見る4767 、いつまでに購入すれば配当金を受け取れますか？TOWLtd 配当日配当落ち日Jun 29 2026配当支払日Sep 28 2026配当落ちまでの日数19 days配当支払日までの日数110 days4767 配当は確実ですか？4767 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2026/06/09 12:17終値2026/06/09 00:00収益2026/03/31年間収益2025/06/30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TOW Co.,Ltd. 1 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。3 アナリスト機関Seiichiro SamejimaIchiyoshi Research Institute Inc.null nullInvestment Bridge Co., Ltd.Masahiro MiuraMarusan Securities Co. Ltd.
お知らせ • Jun 03TOW Co.,Ltd. to Report Fiscal Year 2026 Results on Aug 07, 2026TOW Co.,Ltd. announced that they will report fiscal year 2026 results on Aug 07, 2026
Reported Earnings • May 20Third quarter 2026 earnings released: EPS: JP¥2.20 (vs JP¥4.29 in 3Q 2025)Third quarter 2026 results: EPS: JP¥2.20 (down from JP¥4.29 in 3Q 2025). Revenue: JP¥3.59b (down 3.3% from 3Q 2025). Net income: JP¥91.0m (down 48% from 3Q 2025). Profit margin: 2.5% (down from 4.7% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 16Second quarter 2026 earnings released: EPS: JP¥14.07 (vs JP¥12.57 in 2Q 2025)Second quarter 2026 results: EPS: JP¥14.07 (up from JP¥12.57 in 2Q 2025). Revenue: JP¥5.90b (up 19% from 2Q 2025). Net income: JP¥579.0m (up 13% from 2Q 2025). Profit margin: 9.8% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥9.15 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
お知らせ • Nov 29TOW Co.,Ltd. to Report Q2, 2026 Results on Feb 13, 2026TOW Co.,Ltd. announced that they will report Q2, 2026 results on Feb 13, 2026
Reported Earnings • Nov 18First quarter 2026 earnings released: EPS: JP¥5.86 (vs JP¥5.59 in 1Q 2025)First quarter 2026 results: EPS: JP¥5.86 (up from JP¥5.59 in 1Q 2025). Revenue: JP¥4.30b (up 12% from 1Q 2025). Net income: JP¥240.0m (up 5.7% from 1Q 2025). Profit margin: 5.6% (down from 5.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 03TOW Co.,Ltd. to Report Fiscal Year 2026 Results on Aug 07, 2026TOW Co.,Ltd. announced that they will report fiscal year 2026 results on Aug 07, 2026
Reported Earnings • May 20Third quarter 2026 earnings released: EPS: JP¥2.20 (vs JP¥4.29 in 3Q 2025)Third quarter 2026 results: EPS: JP¥2.20 (down from JP¥4.29 in 3Q 2025). Revenue: JP¥3.59b (down 3.3% from 3Q 2025). Net income: JP¥91.0m (down 48% from 3Q 2025). Profit margin: 2.5% (down from 4.7% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 16Second quarter 2026 earnings released: EPS: JP¥14.07 (vs JP¥12.57 in 2Q 2025)Second quarter 2026 results: EPS: JP¥14.07 (up from JP¥12.57 in 2Q 2025). Revenue: JP¥5.90b (up 19% from 2Q 2025). Net income: JP¥579.0m (up 13% from 2Q 2025). Profit margin: 9.8% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥9.15 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
お知らせ • Nov 29TOW Co.,Ltd. to Report Q2, 2026 Results on Feb 13, 2026TOW Co.,Ltd. announced that they will report Q2, 2026 results on Feb 13, 2026
Reported Earnings • Nov 18First quarter 2026 earnings released: EPS: JP¥5.86 (vs JP¥5.59 in 1Q 2025)First quarter 2026 results: EPS: JP¥5.86 (up from JP¥5.59 in 1Q 2025). Revenue: JP¥4.30b (up 12% from 1Q 2025). Net income: JP¥240.0m (up 5.7% from 1Q 2025). Profit margin: 5.6% (down from 5.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 01TOW Co.,Ltd. to Report Q1, 2026 Results on Nov 14, 2025TOW Co.,Ltd. announced that they will report Q1, 2026 results on Nov 14, 2025
分析記事 • Aug 14TOWLtd's (TSE:4767) Soft Earnings Don't Show The Whole PictureTSE:4767 1 Year Share Price vs Fair Value Explore TOWLtd's Fair Values from the Community and select yours TOW...
New Risk • Aug 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% 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 Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Dividend is not well covered by cash flows (97% cash payout ratio).
Reported Earnings • Aug 08Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥27.71 (down from JP¥34.69 in FY 2024). Revenue: JP¥17.8b (up 1.6% from FY 2024). Net income: JP¥1.13b (down 19% from FY 2024). Profit margin: 6.4% (down from 8.0% in FY 2024). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 07TOW Co.,Ltd., Annual General Meeting, Sep 25, 2025TOW Co.,Ltd., Annual General Meeting, Sep 25, 2025.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥366, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 18x in the Media industry in Japan. Total returns to shareholders of 33% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥7.50 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.1%).
お知らせ • Jun 04TOW Co.,Ltd. to Report Fiscal Year 2025 Results on Aug 07, 2025TOW Co.,Ltd. announced that they will report fiscal year 2025 results on Aug 07, 2025
Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥4.29 (vs JP¥5.49 in 3Q 2024)Third quarter 2025 results: EPS: JP¥4.29 (down from JP¥5.49 in 3Q 2024). Revenue: JP¥3.72b (up 3.5% from 3Q 2024). Net income: JP¥176.0m (down 21% from 3Q 2024). Profit margin: 4.7% (down from 6.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Apr 08Now 23% overvaluedOver the last 90 days, the stock has fallen 3.8% to JP¥302. The fair value is estimated to be JP¥245, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 50%.
お知らせ • Mar 04TOW Co.,Ltd. to Report Q3, 2025 Results on May 15, 2025TOW Co.,Ltd. announced that they will report Q3, 2025 results on May 15, 2025
Reported Earnings • Feb 15Second quarter 2025 earnings released: EPS: JP¥12.57 (vs JP¥15.93 in 2Q 2024)Second quarter 2025 results: EPS: JP¥12.57 (down from JP¥15.93 in 2Q 2024). Revenue: JP¥4.96b (down 14% from 2Q 2024). Net income: JP¥513.0m (down 21% from 2Q 2024). Profit margin: 10% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥7.50 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 06 March 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%).
お知らせ • Dec 03TOW Co.,Ltd. to Report Q2, 2025 Results on Feb 13, 2025TOW Co.,Ltd. announced that they will report Q2, 2025 results on Feb 13, 2025
分析記事 • Oct 03TOWLtd's (TSE:4767) Performance Is Even Better Than Its Earnings SuggestEven though TOW Co.,Ltd.'s ( TSE:4767 ) recent earnings release was robust, the market didn't seem to notice. We think...
お知らせ • Aug 29TOW Co.,Ltd. to Report Q1, 2025 Results on Nov 15, 2024TOW Co.,Ltd. announced that they will report Q1, 2025 results on Nov 15, 2024
Reported Earnings • Aug 13Full year 2024 earnings released: EPS: JP¥34.69 (vs JP¥8.59 in FY 2023)Full year 2024 results: EPS: JP¥34.69 (up from JP¥8.59 in FY 2023). Revenue: JP¥17.5b (up 49% from FY 2023). Net income: JP¥1.41b (up 296% from FY 2023). Profit margin: 8.0% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 08TOW Co.,Ltd., Annual General Meeting, Sep 25, 2024TOW Co.,Ltd., Annual General Meeting, Sep 25, 2024.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥289, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 6.2% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 25 September 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.3%).
お知らせ • Jun 05TOW Co.,Ltd. to Report Fiscal Year 2024 Results on Aug 08, 2024TOW Co.,Ltd. announced that they will report fiscal year 2024 results on Aug 08, 2024
Reported Earnings • May 20Third quarter 2024 earnings released: EPS: JP¥5.49 (vs JP¥3.33 in 3Q 2023)Third quarter 2024 results: EPS: JP¥5.49 (up from JP¥3.33 in 3Q 2023). Revenue: JP¥3.59b (up 40% from 3Q 2023). Net income: JP¥223.0m (up 66% from 3Q 2023). Profit margin: 6.2% (up from 5.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 25TOW Co.,Ltd. to Report Q3, 2024 Results on May 15, 2024TOW Co.,Ltd. announced that they will report Q3, 2024 results on May 15, 2024
Reported Earnings • Feb 10Second quarter 2024 earnings released: EPS: JP¥15.93 (vs JP¥8.56 in 2Q 2023)Second quarter 2024 results: EPS: JP¥15.93 (up from JP¥8.56 in 2Q 2023). Revenue: JP¥5.77b (up 56% from 2Q 2023). Net income: JP¥645.0m (up 88% from 2Q 2023). Profit margin: 11% (up from 9.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥7.00 per share at 4.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 06 March 2024. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.7%).
お知らせ • Nov 27TOW Co.,Ltd. to Report Q2, 2024 Results on Feb 08, 2024TOW Co.,Ltd. announced that they will report Q2, 2024 results on Feb 08, 2024
Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: JP¥6.16 (vs JP¥7.34 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥6.16 (up from JP¥7.34 loss in 1Q 2023). Revenue: JP¥3.79b (up 41% from 1Q 2023). Net income: JP¥248.0m (up JP¥575.0m from 1Q 2023). Profit margin: 6.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Aug 27TOW Co.,Ltd. to Report Q1, 2024 Results on Nov 14, 2023TOW Co.,Ltd. announced that they will report Q1, 2024 results on Nov 14, 2023
New Risk • Aug 13New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 132% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. High level of non-cash earnings (35% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (JP¥12.5b market cap, or US$86.1m).
お知らせ • Aug 11TOW Co.,Ltd., Annual General Meeting, Sep 22, 2023TOW Co.,Ltd., Annual General Meeting, Sep 22, 2023.
Reported Earnings • Aug 10Full year 2023 earnings released: EPS: JP¥8.59 (vs JP¥13.21 in FY 2022)Full year 2023 results: EPS: JP¥8.59 (down from JP¥13.21 in FY 2022). Revenue: JP¥11.8b (up 5.7% from FY 2022). Net income: JP¥355.0m (down 41% from FY 2022). Profit margin: 3.0% (down from 5.4% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Jun 28TOW Co.,Ltd. to Report Fiscal Year 2023 Results on Aug 09, 2023TOW Co.,Ltd. announced that they will report fiscal year 2023 results on Aug 09, 2023
Upcoming Dividend • Jun 22Upcoming dividend of JP¥7.20 per share at 4.4% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 26 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.4%).
Reported Earnings • May 19Third quarter 2023 earnings releasedThird quarter 2023 results: EPS: JP¥3.33. Revenue: JP¥2.57b (up 36% from 3Q 2022). Net income: JP¥134.0m (up JP¥134.0m from 3Q 2022). Profit margin: 5.2% (up from 0% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 10Second quarter 2023 earnings released: EPS: JP¥8.56 (vs JP¥6.44 in 2Q 2022)Second quarter 2023 results: EPS: JP¥8.56 (up from JP¥6.44 in 2Q 2022). Revenue: JP¥3.69b (flat on 2Q 2022). Net income: JP¥344.0m (up 18% from 2Q 2022). Profit margin: 9.3% (up from 7.8% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Dec 28TOW Co.,Ltd. to Report Q2, 2023 Results on Feb 08, 2023TOW Co.,Ltd. announced that they will report Q2, 2023 results on Feb 08, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.20 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 07 March 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%).
Reported Earnings • Nov 16First quarter 2023 earnings released: JP¥7.34 loss per share (vs JP¥5.16 profit in 1Q 2022)First quarter 2023 results: JP¥7.34 loss per share (down from JP¥5.16 profit in 1Q 2022). Revenue: JP¥2.70b (down 13% from 1Q 2022). Net loss: JP¥327.0m (down 241% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Outside Director Shintaro Hagiwara was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Sep 28TOW Co.,Ltd. to Report Q1, 2023 Results on Nov 14, 2022TOW Co.,Ltd. announced that they will report Q1, 2023 results on Nov 14, 2022
お知らせ • Sep 16TOW Co.,Ltd. (TSE:4767) announces an Equity Buyback for 5,500,000 shares, representing 12.1% for ¥1,694 million.TOW Co.,Ltd. (TSE:4767) announces a share repurchase program. Under the program, the company will repurchase up to 5,500,000 shares, representing 12.1% of its issued share capital, for ¥1,694 million. The shares will be repurchased at a price of ¥308 per share. The purpose of the program is to flexibly implement capital policies in response to changes in the business environment. As of June 30, 2022, the company had 45,472,344 shares issued and 3,496,752 shares in treasury.
お知らせ • Aug 11TOW Co.,Ltd., Annual General Meeting, Sep 22, 2022TOW Co.,Ltd., Annual General Meeting, Sep 22, 2022.
Reported Earnings • Aug 11Full year 2022 earnings released: EPS: JP¥13.21 (vs JP¥10.12 in FY 2021)Full year 2022 results: EPS: JP¥13.21 (up from JP¥10.12 in FY 2021). Revenue: JP¥11.1b (down 8.8% from FY 2021). Net income: JP¥598.0m (up 31% from FY 2021). Profit margin: 5.4% (up from 3.7% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% 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.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 27 September 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).
お知らせ • Jun 03TOW Co.,Ltd. to Report Fiscal Year 2022 Results on Aug 09, 2022TOW Co.,Ltd. announced that they will report fiscal year 2022 results on Aug 09, 2022
Reported Earnings • May 18Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: JP¥1.89b (up 52% from 3Q 2021). Net income: JP¥0 (up JP¥127.0m from 3Q 2021). Profit margin: 0% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% 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.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Outside Director Shintaro Hagiwara was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Feb 27TOW Co.,Ltd. to Report Q3, 2022 Results on May 13, 2022TOW Co.,Ltd. announced that they will report Q3, 2022 results on May 13, 2022
Reported Earnings • Feb 09Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥6.44 (up from JP¥4.20 in 2Q 2021). Revenue: JP¥3.72b (up 27% from 2Q 2021). Net income: JP¥291.0m (up 54% from 2Q 2021). Profit margin: 7.8% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 05 March 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%).
Reported Earnings • Nov 16First quarter 2022 earnings released: EPS JP¥5.16 (vs JP¥2.49 in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥3.10b (down 38% from 1Q 2021). Net income: JP¥232.0m (up 107% from 1Q 2021). Profit margin: 7.5% (up from 2.2% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 27% 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.
Reported Earnings • Aug 12Full year 2021 earnings released: EPS JP¥10.12 (vs JP¥35.25 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥12.2b (down 37% from FY 2020). Net income: JP¥455.0m (down 71% from FY 2020). Profit margin: 3.7% (down from 8.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% 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 • Jun 23Upcoming dividend of JP¥6.80 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 28 September 2021. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.6%).
Reported Earnings • May 18Third quarter 2021 earnings released: JP¥2.82 loss per share (vs JP¥6.45 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥1.25b (down 64% from 3Q 2020). Net loss: JP¥127.0m (down 144% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year.
Is New 90 Day High Low • Mar 11New 90-day high: JP¥311The company is up 10.0% from its price of JP¥284 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 12% over the same period.
お知らせ • Feb 28TOW Co.,Ltd. to Report Q3, 2021 Results on May 14, 2021TOW Co.,Ltd. announced that they will report Q3, 2021 results on May 14, 2021
Reported Earnings • Feb 10Second quarter 2021 earnings released: EPS JP¥4.20 (vs JP¥14.73 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.93b (down 51% from 2Q 2020). Net income: JP¥189.0m (down 72% from 2Q 2020). Profit margin: 6.5% (down from 11% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 10New 90-day high: JP¥300The company is up 1.0% from its price of JP¥298 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 10.0% over the same period.
Is New 90 Day High Low • Jan 04New 90-day low: JP¥258The company is down 19% from its price of JP¥319 on 06 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period.
Upcoming Dividend • Dec 22Upcoming Dividend of JP¥6.10 Per ShareWill be paid on the 6th of March to those who are registered shareholders by the 29th of December. The trailing yield of 6.5% is in the top quartile of Japanese dividend payers (3.0%), and it is higher than industry peers (2.0%).
Is New 90 Day High Low • Dec 18New 90-day low: JP¥274The company is down 19% from its price of JP¥337 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period.
お知らせ • Dec 04TOW Co.,Ltd. to Report Q2, 2021 Results on Feb 08, 2021TOW Co.,Ltd. announced that they will report Q2, 2021 results on Feb 08, 2021
お知らせ • Aug 30TOW Co.,Ltd. to Report Q1, 2021 Results on Nov 13, 2020TOW Co.,Ltd. announced that they will report Q1, 2021 results on Nov 13, 2020
