View Future GrowthRS Technologies 過去の業績過去 基準チェック /26RS Technologiesは、平均年間22.1%の収益成長を遂げていますが、 Semiconductor業界の収益は、年間 成長しています。収益は、平均年間7.4% 18%収益成長率で 成長しています。 RS Technologiesの自己資本利益率は7.9%であり、純利益率は12.1%です。主要情報22.14%収益成長率21.64%EPS成長率Semiconductor 業界の成長26.92%収益成長率17.98%株主資本利益率7.91%ネット・マージン12.15%次回の業績アップデート13 Aug 2026最近の業績更新Reported Earnings • May 17First quarter 2026 earnings released: EPS: JP¥72.51 (vs JP¥64.99 in 1Q 2025)First quarter 2026 results: EPS: JP¥72.51 (up from JP¥64.99 in 1Q 2025). Revenue: JP¥19.2b (up 8.7% from 1Q 2025). Net income: JP¥1.93b (up 12% from 1Q 2025). Profit margin: 10% (in line with 1Q 2025). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥351 (down from JP¥358 in FY 2024). Revenue: JP¥76.7b (up 30% from FY 2024). Net income: JP¥9.30b (down 1.6% from FY 2024). Profit margin: 12% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥108 (vs JP¥66.73 in 3Q 2024)Third quarter 2025 results: EPS: JP¥108 (up from JP¥66.73 in 3Q 2024). Revenue: JP¥20.6b (up 42% from 3Q 2024). Net income: JP¥2.87b (up 63% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Nov 08+ 3 more updatesRS Technologies Co., Ltd. to Report Q3, 2026 Results on Nov 13, 2026RS Technologies Co., Ltd. announced that they will report Q3, 2026 results on Nov 13, 2026分析記事 • Aug 23RS Technologies' (TSE:3445) Profits May Not Reveal Underlying IssuesThe recent earnings posted by RS Technologies Co., Ltd. ( TSE:3445 ) were solid, but the stock didn't move as much as...Reported Earnings • May 15First quarter 2025 earnings released: EPS: JP¥64.99 (vs JP¥67.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥64.99 (down from JP¥67.57 in 1Q 2024). Revenue: JP¥17.6b (up 15% from 1Q 2024). Net income: JP¥1.72b (down 3.6% from 1Q 2024). Profit margin: 9.7% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updates分析記事 • May 31At JP¥7,440, Is RS Technologies Co., Ltd. (TSE:3445) Worth Looking At Closely?While RS Technologies Co., Ltd. ( TSE:3445 ) might not have the largest market cap around , it received a lot of...Reported Earnings • May 17First quarter 2026 earnings released: EPS: JP¥72.51 (vs JP¥64.99 in 1Q 2025)First quarter 2026 results: EPS: JP¥72.51 (up from JP¥64.99 in 1Q 2025). Revenue: JP¥19.2b (up 8.7% from 1Q 2025). Net income: JP¥1.93b (up 12% from 1Q 2025). Profit margin: 10% (in line with 1Q 2025). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.ライブニュース • May 15RS Technologies Posts Strong Q1 and Outlines Growth Plan With Higher DividendsRS Technologies reported what it describes as strong Q1 FY2026 results, with sales, profits and equity all higher, which it says has strengthened its financial base. The company reaffirmed its full-year FY2026 outlook, indicating its existing earnings guidance remains unchanged. Management released a new medium-term plan for 2026 to 2028 and flagged a higher total annual dividend, pointing to a greater focus on shareholder returns. The combination of solid early-year results, a maintained full-year forecast and a clearly outlined 2026 to 2028 plan gives you more visibility on how management is thinking about growth, capital allocation and dividends over the next few years. When reviewing the higher dividend, it is worth weighing the income appeal against any changes in reinvestment, cash needs or balance sheet flexibility that might come with this policy shift.New Risk • May 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥5,370, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥4,280, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 36% over the past three years.Board Change • Mar 31Less 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. 4 non-independent directors. Independent Outside Director Cuiping Zhang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% 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. This is currently the only risk that has been identified for the company.お知らせ • Feb 16RS Technologies Co., Ltd., Annual General Meeting, Mar 27, 2026RS Technologies Co., Ltd., Annual General Meeting, Mar 27, 2026.Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥351 (down from JP¥358 in FY 2024). Revenue: JP¥76.7b (up 30% from FY 2024). Net income: JP¥9.30b (down 1.6% from FY 2024). Profit margin: 12% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year.お知らせ • Feb 14RS Technologies Co., Ltd. Announces Dividend of Surplus, Payable on March 10, 2026RS Technologies Co., Ltd. announced that at the Board of Directors meeting held on February 13, 2026, RST resolved to pay a dividend of surplus of JPY 45.00 per share from the retained earnings with the record date of December 31, 2025. Effective date is March 10, 2026. Reason: RST positions the return of profits to shareholders as one of its most important management priorities, while striving to maximize corporate value through business investments aimed at future growth and investments in human resources. Based on this dividend policy, and after comprehensively considering RST's business performance and financial condition, RST decided that the year-end dividend for the fiscal year ending December 2025 has been set at JPY 45 per share, increasing JPY 10 from the previous fiscal year.お知らせ • Feb 13RS Technologies Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 10, 2026; Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026RS Technologies Co., Ltd. announced year-end dividend of JPY 45.00 per share for the fiscal year ended December 31, 2025 against JPY 35.00 per share a year ago. Scheduled date to commence dividend payments: March 10, 2026. The company provided year-end dividend guidance for the fiscal year ending December 31, 2026. For the period, the company expects year-end dividend of JPY 55.00 compared to JPY 45.00 paid a year ago.Upcoming Dividend • Dec 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 11 March 2026. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.2%).New Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥108 (vs JP¥66.73 in 3Q 2024)Third quarter 2025 results: EPS: JP¥108 (up from JP¥66.73 in 3Q 2024). Revenue: JP¥20.6b (up 42% from 3Q 2024). Net income: JP¥2.87b (up 63% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.分析記事 • Nov 10RS Technologies (TSE:3445) Has Announced That It Will Be Increasing Its Dividend To ¥40.00RS Technologies Co., Ltd. ( TSE:3445 ) will increase its dividend from last year's comparable payment on the 11th of...お知らせ • Nov 08+ 3 more updatesRS Technologies Co., Ltd. to Report Q3, 2026 Results on Nov 13, 2026RS Technologies Co., Ltd. announced that they will report Q3, 2026 results on Nov 13, 2026分析記事 • Oct 24Is Now The Time To Put RS Technologies (TSE:3445) On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...分析記事 • Sep 19RS Technologies (TSE:3445) Is Paying Out A Larger Dividend Than Last YearRS Technologies Co., Ltd. ( TSE:3445 ) has announced that it will be increasing its dividend from last year's...分析記事 • Aug 23RS Technologies' (TSE:3445) Profits May Not Reveal Underlying IssuesThe recent earnings posted by RS Technologies Co., Ltd. ( TSE:3445 ) were solid, but the stock didn't move as much as...分析記事 • Aug 15RS Technologies (TSE:3445) Is Increasing Its Dividend To ¥40.00The board of RS Technologies Co., Ltd. ( TSE:3445 ) has announced that it will be paying its dividend of ¥40.00 on the...Declared Dividend • Aug 15Dividend increased to JP¥40.00Dividend of JP¥40.00 is 14% higher than last year. Ex-date: 29th December 2025 Payment date: 11th March 2026 Dividend yield will be 1.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 47% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2025 earnings released: EPS: JP¥64.99 (vs JP¥67.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥64.99 (down from JP¥67.57 in 1Q 2024). Revenue: JP¥17.6b (up 15% from 1Q 2024). Net income: JP¥1.72b (down 3.6% from 1Q 2024). Profit margin: 9.7% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.分析記事 • Apr 07Lacklustre Performance Is Driving RS Technologies Co., Ltd.'s (TSE:3445) 30% Price DropRS Technologies Co., Ltd. ( TSE:3445 ) shareholders that were waiting for something to happen have been dealt a blow...New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 05Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥358 (up from JP¥293 in FY 2023). Revenue: JP¥59.2b (up 14% from FY 2023). Net income: JP¥9.45b (up 23% from FY 2023). Profit margin: 16% (up from 15% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,598, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 9.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,849 per share.分析記事 • Apr 03We Think RS Technologies (TSE:3445) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Mar 04+ 2 more updatesRS Technologies Co., Ltd. to Report Q3, 2025 Results on Nov 13, 2025RS Technologies Co., Ltd. announced that they will report Q3, 2025 results on Nov 13, 2025分析記事 • Feb 21RS Technologies' (TSE:3445) Earnings Are Weaker Than They SeemRS Technologies Co., Ltd.'s ( TSE:3445 ) stock was strong after they recently reported robust earnings. However, we...Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥3,605, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,953 per share.New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥358 (up from JP¥293 in FY 2023). Revenue: JP¥59.2b (up 14% from FY 2023). Net income: JP¥9.45b (up 23% from FY 2023). Profit margin: 16% (up from 15% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% 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 • Feb 14RS Technologies Co., Ltd., Annual General Meeting, Mar 28, 2025RS Technologies Co., Ltd., Annual General Meeting, Mar 28, 2025.お知らせ • Jan 09RS Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025RS Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 12 March 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).分析記事 • Dec 02RS Technologies (TSE:3445) Has Announced That It Will Be Increasing Its Dividend To ¥35.00RS Technologies Co., Ltd.'s ( TSE:3445 ) dividend will be increasing from last year's payment of the same period to...Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: JP¥66.73 (vs JP¥85.19 in 3Q 2023)Third quarter 2024 results: EPS: JP¥66.73 (down from JP¥85.19 in 3Q 2023). Revenue: JP¥14.5b (up 8.6% from 3Q 2023). Net income: JP¥1.76b (down 22% from 3Q 2023). Profit margin: 12% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Nov 06RS Technologies Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024RS Technologies Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024お知らせ • Nov 04GRINM Semiconductor Materials Co., Ltd. (SHSE:688432) agreed to acquire 70% stake in DG Technologies, Inc. from RS Technologies Co., Ltd. (TSE:3445).GRINM Semiconductor Materials Co., Ltd. (SHSE:688432) agreed to acquire 70% stake in DG Technologies, Inc. from RS Technologies Co., Ltd. (TSE:3445) on November 2, 2024. A cash consideration will be paid by GRINM Semiconductor Materials Co., Ltd.分析記事 • Oct 09Is RS Technologies Co., Ltd. (TSE:3445) Potentially Undervalued?While RS Technologies Co., Ltd. ( TSE:3445 ) might not have the largest market cap around , it received a lot of...お知らせ • Sep 20RS Technologies Co., Ltd. (TSE:3445) agreed to acquire Sony Precision Devices (Huizhou) Co., Ltd. from Sony (China) Limited.RS Technologies Co., Ltd. (TSE:3445) agreed to acquire Sony Precision Devices (Huizhou) Co., Ltd. from Sony (China) Limited on September 19, 2024. The expected completion of the transaction is December 30, 2024.分析記事 • Sep 10RS Technologies (TSE:3445) Will Pay A Larger Dividend Than Last Year At ¥35.00The board of RS Technologies Co., Ltd. ( TSE:3445 ) has announced that it will be paying its dividend of ¥35.00 on the...分析記事 • Aug 27RS Technologies (TSE:3445) Has Announced That It Will Be Increasing Its Dividend To ¥35.00RS Technologies Co., Ltd.'s ( TSE:3445 ) dividend will be increasing from last year's payment of the same period to...Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥77.82 (vs JP¥76.76 in 2Q 2023)Second quarter 2024 results: EPS: JP¥77.82 (up from JP¥76.76 in 2Q 2023). Revenue: JP¥14.7b (up 5.2% from 2Q 2023). Net income: JP¥2.05b (up 1.7% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 12RS Technologies' (TSE:3445) Upcoming Dividend Will Be Larger Than Last Year'sRS Technologies Co., Ltd. ( TSE:3445 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Aug 11Dividend increased to JP¥35.00Dividend of JP¥35.00 is 17% higher than last year. Ex-date: 27th December 2024 Payment date: 12th March 2025 Dividend yield will be 1.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 61% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,678, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,767 per share.分析記事 • Jul 23Benign Growth For RS Technologies Co., Ltd. (TSE:3445) Underpins Its Share PriceWith a price-to-earnings (or "P/E") ratio of 11x RS Technologies Co., Ltd. ( TSE:3445 ) may be sending bullish signals...Buy Or Sell Opportunity • Jul 18Now 23% undervaluedOver the last 90 days, the stock has risen 8.1% to JP¥3,285. The fair value is estimated to be JP¥4,265, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 4.7% in the next 2 years.お知らせ • Jun 28RS Technologies Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024RS Technologies Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024分析記事 • Jun 10Is RS Technologies (TSE:3445) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Board Change • May 22Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Cuiping Zhang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • May 16RS Technologies Co., Ltd. Revises Dividend Forecast for the Fiscal Year Ending December 2024RS Technologies Co., Ltd. announced that it resolved to forecast dividends at its Board of Directors held on May 13, 2024. The company revised dividend forecast of JPY 35.00 for the fiscal year ending December 2024 compared to JPY 30.00 paid last year. Reason for dividend increase: The company has increased the dividend by JPY 5 from the previous fiscal year to JPY 35 per share, considering that the consolidated group performance for the current fiscal year is progressing steadily toward medium-term management plan.分析記事 • Apr 15What Does RS Technologies Co., Ltd.'s (TSE:3445) Share Price Indicate?RS Technologies Co., Ltd. ( TSE:3445 ), might not be a large cap stock, but it saw a significant share price rise of...分析記事 • Mar 31Improved Earnings Required Before RS Technologies Co., Ltd. (TSE:3445) Shares Find Their FeetWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider RS...お知らせ • Feb 28RS Technologies Co., Ltd. to Report Q1, 2024 Results on May 13, 2024RS Technologies Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024お知らせ • Feb 15RS Technologies Co., Ltd., Annual General Meeting, Mar 28, 2024RS Technologies Co., Ltd., Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥293 (down from JP¥299 in FY 2022). Revenue: JP¥51.9b (up 4.1% from FY 2022). Net income: JP¥7.70b (flat on FY 2022). Profit margin: 15% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Feb 14Now 24% undervaluedOver the last 90 days, the stock has risen 7.5% to JP¥2,618. The fair value is estimated to be JP¥3,460, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 16% in the next 2 years.お知らせ • Dec 05RS Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024RS Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥85.19 (vs JP¥94.91 in 3Q 2022)Third quarter 2023 results: EPS: JP¥85.19 (down from JP¥94.91 in 3Q 2022). Revenue: JP¥13.3b (flat on 3Q 2022). Net income: JP¥2.24b (down 8.6% from 3Q 2022). Profit margin: 17% (down from 18% in 3Q 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Japan. 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 14% per year, which means it is significantly lagging earnings growth.New Risk • Nov 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,857, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 74% over the past three years.お知らせ • Sep 03RS Technologies Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023RS Technologies Co., Ltd. announced that they will report Q3, 2023 results on Nov 13, 2023Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: JP¥76.76 (vs JP¥81.49 in 2Q 2022)Second quarter 2023 results: EPS: JP¥76.76 (down from JP¥81.49 in 2Q 2022). Revenue: JP¥14.0b (up 6.5% from 2Q 2022). Net income: JP¥2.02b (down 4.2% from 2Q 2022). Profit margin: 14% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Japan. 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 16% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 10RS Technologies Co., Ltd. to Report Q2, 2023 Results on Aug 10, 2023RS Technologies Co., Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023Reported Earnings • Feb 14Full year 2022 earnings: EPS in line with expectations, revenues disappointFull year 2022 results: EPS: JP¥599 (up from JP¥128 in FY 2021). Revenue: JP¥49.9b (up 44% from FY 2021). Net income: JP¥7.74b (up 134% from FY 2021). Profit margin: 16% (up from 9.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 14 March 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%).お知らせ • Dec 06RS Technologies Co., Ltd. to Report Fiscal Year 2022 Results on Feb 13, 2023RS Technologies Co., Ltd. announced that they will report fiscal year 2022 results on Feb 13, 2023Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Independent External Auditor Hiroyuki Kanamori was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: JP¥190 (vs JP¥86.33 in 3Q 2021)Third quarter 2022 results: EPS: JP¥190 (up from JP¥86.33 in 3Q 2021). Revenue: JP¥13.4b (up 48% from 3Q 2021). Net income: JP¥2.45b (up 120% from 3Q 2021). Profit margin: 18% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 10Investor sentiment improved over the past weekAfter last week's 24% share price gain to JP¥8,920, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 8x in the Semiconductor industry in Japan. Total returns to shareholders of 128% over the past three years.お知らせ • Sep 09RS Technologies Co., Ltd. to Report Q3, 2022 Results on Nov 11, 2022RS Technologies Co., Ltd. announced that they will report Q3, 2022 results on Nov 11, 2022Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: JP¥163 (vs JP¥90.50 in 2Q 2021)Second quarter 2022 results: EPS: JP¥163 (up from JP¥90.50 in 2Q 2021). Revenue: JP¥13.1b (up 48% from 2Q 2021). Net income: JP¥2.11b (up 80% from 2Q 2021). Profit margin: 16% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 20% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 16First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: JP¥94.99 (up from JP¥41.77 loss in 1Q 2021). Revenue: JP¥11.1b (up 66% from 1Q 2021). Net income: JP¥1.23b (up JP¥1.77b from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 9.4%, compared to a 21% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 2 independent directors (8 non-independent directors). Independent External Director Tadashi Utsumi 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 • Apr 07RS Technologies Co., Ltd. to Report Q1, 2022 Results on May 13, 2022RS Technologies Co., Ltd. announced that they will report Q1, 2022 results on May 13, 2022Reported Earnings • Feb 20Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: JP¥255 (up from JP¥219 in FY 2020). Revenue: JP¥34.6b (up 35% from FY 2020). Net income: JP¥3.30b (up 17% from FY 2020). Profit margin: 9.5% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 19%, compared to a 19% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Feb 16RS Technologies Co., Ltd., Annual General Meeting, Mar 30, 2022RS Technologies Co., Ltd., Annual General Meeting, Mar 30, 2022.Upcoming Dividend • Dec 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 15 March 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.6%).Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS JP¥86.33 (vs JP¥49.82 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥9.09b (up 43% from 3Q 2020). Net income: JP¥1.12b (up 73% from 3Q 2020). Profit margin: 12% (up from 10% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥6,240, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 37% over the past three years.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥6,250, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 6.2% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS JP¥90.50 (vs JP¥66.81 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: JP¥8.88b (up 37% from 2Q 2020). Net income: JP¥1.17b (up 36% from 2Q 2020). Profit margin: 13% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥5,180, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total loss to shareholders of 23% over the past three years.Reported Earnings • Apr 04Full year 2020 earnings released: EPS JP¥219 (vs JP¥237 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥25.6b (up 4.3% from FY 2019). Net income: JP¥2.82b (down 7.0% from FY 2019). Profit margin: 11% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥219 (vs JP¥237 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥25.6b (up 4.3% from FY 2019). Net income: JP¥2.82b (down 7.0% from FY 2019). Profit margin: 11% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 5.6%. Over the next year, revenue is forecast to stay flat compared to a 22% growth forecast for the Semiconductor industry in Japan.Is New 90 Day High Low • Jan 08New 90-day high: JP¥6,140The company is up 73% from its price of JP¥3,550 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 34% over the same period.Upcoming Dividend • Dec 22Upcoming Dividend of JP¥15.00 Per ShareWill be paid on the 30th of March to those who are registered shareholders by the 29th of December. The trailing yield of 0.3% is below the top quartile of Japanese dividend payers (3.0%), and is lower than industry peers (1.4%).Is New 90 Day High Low • Dec 21New 90-day high: JP¥5,100The company is up 46% from its price of JP¥3,495 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 35% over the same period.収支内訳RS Technologies の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:3445 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Mar 2678,2449,5066,5341,90931 Dec 2576,7079,2976,3071,90930 Sep 2573,22910,5226,9681,64130 Jun 2567,1319,4136,0801,64131 Mar 2561,4589,3825,4771,64131 Dec 2459,2009,4464,6301,64130 Sep 2456,9777,3314,3361,62930 Jun 2455,8357,8144,1941,62931 Mar 2455,1047,7803,8911,62931 Dec 2351,8937,7033,7771,62930 Sep 2351,7017,9153,8501,65030 Jun 2351,7978,1263,8471,65031 Mar 2350,9448,2153,8921,65031 Dec 2249,8647,7393,6501,65030 Sep 2247,6017,3463,8441,30130 Jun 2243,2546,0083,6311,30131 Mar 2239,0035,0713,5931,30131 Dec 2134,6203,3033,5741,30130 Sep 2131,2142,2404,35992830 Jun 2128,4671,7683,88292831 Mar 2126,0631,4583,41592831 Dec 2025,5612,8243,06892830 Sep 2024,8812,8592,987030 Jun 2024,6392,9983,057031 Mar 2024,3723,0422,952031 Dec 1924,5013,0352,973030 Sep 1926,0033,7002,978030 Jun 1926,4773,9052,805031 Mar 1926,5963,9982,821031 Dec 1825,4783,6202,541030 Sep 1821,1973,0662,174030 Jun 1817,5322,5161,923031 Mar 1813,6231,9811,465031 Dec 1710,9322,1131,232030 Sep 1710,4262,1401,157030 Jun 179,9061,8781,045031 Mar 179,6391,524977031 Dec 168,864861979030 Sep 167,7352271,014030 Jun 166,684-741,076031 Mar 165,803-571,035031 Dec 155,285143937030 Sep 154,9973208250質の高い収益: 3445は 高品質の収益 を持っています。利益率の向上: 3445の現在の純利益率 (12.1%)は、昨年(15.3%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 3445の収益は過去 5 年間で年間22.1%増加しました。成長の加速: 3445の過去 1 年間の収益成長率 ( 1.3% ) は、5 年間の平均 ( 年間22.1%を下回っています。収益対業界: 3445の過去 1 年間の収益成長率 ( 1.3% ) Semiconductor業界6.9%を上回りませんでした。株主資本利益率高いROE: 3445の 自己資本利益率 ( 7.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSemiconductors 、過去の業績が好調な企業。View Financial Health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2026/06/06 18:54終値2026/06/05 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋RS Technologies 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。4 アナリスト機関null nullDaiwa Securities Co. Ltd.Mitsuhiro OsawaIchiyoshi Research Institute Inc.Takashi NishihiraOkasan Securities Co. Ltd.1 その他のアナリストを表示
Reported Earnings • May 17First quarter 2026 earnings released: EPS: JP¥72.51 (vs JP¥64.99 in 1Q 2025)First quarter 2026 results: EPS: JP¥72.51 (up from JP¥64.99 in 1Q 2025). Revenue: JP¥19.2b (up 8.7% from 1Q 2025). Net income: JP¥1.93b (up 12% from 1Q 2025). Profit margin: 10% (in line with 1Q 2025). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥351 (down from JP¥358 in FY 2024). Revenue: JP¥76.7b (up 30% from FY 2024). Net income: JP¥9.30b (down 1.6% from FY 2024). Profit margin: 12% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥108 (vs JP¥66.73 in 3Q 2024)Third quarter 2025 results: EPS: JP¥108 (up from JP¥66.73 in 3Q 2024). Revenue: JP¥20.6b (up 42% from 3Q 2024). Net income: JP¥2.87b (up 63% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Nov 08+ 3 more updatesRS Technologies Co., Ltd. to Report Q3, 2026 Results on Nov 13, 2026RS Technologies Co., Ltd. announced that they will report Q3, 2026 results on Nov 13, 2026
分析記事 • Aug 23RS Technologies' (TSE:3445) Profits May Not Reveal Underlying IssuesThe recent earnings posted by RS Technologies Co., Ltd. ( TSE:3445 ) were solid, but the stock didn't move as much as...
Reported Earnings • May 15First quarter 2025 earnings released: EPS: JP¥64.99 (vs JP¥67.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥64.99 (down from JP¥67.57 in 1Q 2024). Revenue: JP¥17.6b (up 15% from 1Q 2024). Net income: JP¥1.72b (down 3.6% from 1Q 2024). Profit margin: 9.7% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
分析記事 • May 31At JP¥7,440, Is RS Technologies Co., Ltd. (TSE:3445) Worth Looking At Closely?While RS Technologies Co., Ltd. ( TSE:3445 ) might not have the largest market cap around , it received a lot of...
Reported Earnings • May 17First quarter 2026 earnings released: EPS: JP¥72.51 (vs JP¥64.99 in 1Q 2025)First quarter 2026 results: EPS: JP¥72.51 (up from JP¥64.99 in 1Q 2025). Revenue: JP¥19.2b (up 8.7% from 1Q 2025). Net income: JP¥1.93b (up 12% from 1Q 2025). Profit margin: 10% (in line with 1Q 2025). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
ライブニュース • May 15RS Technologies Posts Strong Q1 and Outlines Growth Plan With Higher DividendsRS Technologies reported what it describes as strong Q1 FY2026 results, with sales, profits and equity all higher, which it says has strengthened its financial base. The company reaffirmed its full-year FY2026 outlook, indicating its existing earnings guidance remains unchanged. Management released a new medium-term plan for 2026 to 2028 and flagged a higher total annual dividend, pointing to a greater focus on shareholder returns. The combination of solid early-year results, a maintained full-year forecast and a clearly outlined 2026 to 2028 plan gives you more visibility on how management is thinking about growth, capital allocation and dividends over the next few years. When reviewing the higher dividend, it is worth weighing the income appeal against any changes in reinvestment, cash needs or balance sheet flexibility that might come with this policy shift.
New Risk • May 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥5,370, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥4,280, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 36% over the past three years.
Board Change • Mar 31Less 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. 4 non-independent directors. Independent Outside Director Cuiping Zhang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% 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. This is currently the only risk that has been identified for the company.
お知らせ • Feb 16RS Technologies Co., Ltd., Annual General Meeting, Mar 27, 2026RS Technologies Co., Ltd., Annual General Meeting, Mar 27, 2026.
Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥351 (down from JP¥358 in FY 2024). Revenue: JP¥76.7b (up 30% from FY 2024). Net income: JP¥9.30b (down 1.6% from FY 2024). Profit margin: 12% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 8.2%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year.
お知らせ • Feb 14RS Technologies Co., Ltd. Announces Dividend of Surplus, Payable on March 10, 2026RS Technologies Co., Ltd. announced that at the Board of Directors meeting held on February 13, 2026, RST resolved to pay a dividend of surplus of JPY 45.00 per share from the retained earnings with the record date of December 31, 2025. Effective date is March 10, 2026. Reason: RST positions the return of profits to shareholders as one of its most important management priorities, while striving to maximize corporate value through business investments aimed at future growth and investments in human resources. Based on this dividend policy, and after comprehensively considering RST's business performance and financial condition, RST decided that the year-end dividend for the fiscal year ending December 2025 has been set at JPY 45 per share, increasing JPY 10 from the previous fiscal year.
お知らせ • Feb 13RS Technologies Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 10, 2026; Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026RS Technologies Co., Ltd. announced year-end dividend of JPY 45.00 per share for the fiscal year ended December 31, 2025 against JPY 35.00 per share a year ago. Scheduled date to commence dividend payments: March 10, 2026. The company provided year-end dividend guidance for the fiscal year ending December 31, 2026. For the period, the company expects year-end dividend of JPY 55.00 compared to JPY 45.00 paid a year ago.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 11 March 2026. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.2%).
New Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥108 (vs JP¥66.73 in 3Q 2024)Third quarter 2025 results: EPS: JP¥108 (up from JP¥66.73 in 3Q 2024). Revenue: JP¥20.6b (up 42% from 3Q 2024). Net income: JP¥2.87b (up 63% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
分析記事 • Nov 10RS Technologies (TSE:3445) Has Announced That It Will Be Increasing Its Dividend To ¥40.00RS Technologies Co., Ltd. ( TSE:3445 ) will increase its dividend from last year's comparable payment on the 11th of...
お知らせ • Nov 08+ 3 more updatesRS Technologies Co., Ltd. to Report Q3, 2026 Results on Nov 13, 2026RS Technologies Co., Ltd. announced that they will report Q3, 2026 results on Nov 13, 2026
分析記事 • Oct 24Is Now The Time To Put RS Technologies (TSE:3445) On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
分析記事 • Sep 19RS Technologies (TSE:3445) Is Paying Out A Larger Dividend Than Last YearRS Technologies Co., Ltd. ( TSE:3445 ) has announced that it will be increasing its dividend from last year's...
分析記事 • Aug 23RS Technologies' (TSE:3445) Profits May Not Reveal Underlying IssuesThe recent earnings posted by RS Technologies Co., Ltd. ( TSE:3445 ) were solid, but the stock didn't move as much as...
分析記事 • Aug 15RS Technologies (TSE:3445) Is Increasing Its Dividend To ¥40.00The board of RS Technologies Co., Ltd. ( TSE:3445 ) has announced that it will be paying its dividend of ¥40.00 on the...
Declared Dividend • Aug 15Dividend increased to JP¥40.00Dividend of JP¥40.00 is 14% higher than last year. Ex-date: 29th December 2025 Payment date: 11th March 2026 Dividend yield will be 1.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 47% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: JP¥64.99 (vs JP¥67.57 in 1Q 2024)First quarter 2025 results: EPS: JP¥64.99 (down from JP¥67.57 in 1Q 2024). Revenue: JP¥17.6b (up 15% from 1Q 2024). Net income: JP¥1.72b (down 3.6% from 1Q 2024). Profit margin: 9.7% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
分析記事 • Apr 07Lacklustre Performance Is Driving RS Technologies Co., Ltd.'s (TSE:3445) 30% Price DropRS Technologies Co., Ltd. ( TSE:3445 ) shareholders that were waiting for something to happen have been dealt a blow...
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 05Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥358 (up from JP¥293 in FY 2023). Revenue: JP¥59.2b (up 14% from FY 2023). Net income: JP¥9.45b (up 23% from FY 2023). Profit margin: 16% (up from 15% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,598, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 9.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,849 per share.
分析記事 • Apr 03We Think RS Technologies (TSE:3445) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Mar 04+ 2 more updatesRS Technologies Co., Ltd. to Report Q3, 2025 Results on Nov 13, 2025RS Technologies Co., Ltd. announced that they will report Q3, 2025 results on Nov 13, 2025
分析記事 • Feb 21RS Technologies' (TSE:3445) Earnings Are Weaker Than They SeemRS Technologies Co., Ltd.'s ( TSE:3445 ) stock was strong after they recently reported robust earnings. However, we...
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥3,605, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,953 per share.
New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥358 (up from JP¥293 in FY 2023). Revenue: JP¥59.2b (up 14% from FY 2023). Net income: JP¥9.45b (up 23% from FY 2023). Profit margin: 16% (up from 15% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% 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 • Feb 14RS Technologies Co., Ltd., Annual General Meeting, Mar 28, 2025RS Technologies Co., Ltd., Annual General Meeting, Mar 28, 2025.
お知らせ • Jan 09RS Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025RS Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 12 March 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).
分析記事 • Dec 02RS Technologies (TSE:3445) Has Announced That It Will Be Increasing Its Dividend To ¥35.00RS Technologies Co., Ltd.'s ( TSE:3445 ) dividend will be increasing from last year's payment of the same period to...
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: JP¥66.73 (vs JP¥85.19 in 3Q 2023)Third quarter 2024 results: EPS: JP¥66.73 (down from JP¥85.19 in 3Q 2023). Revenue: JP¥14.5b (up 8.6% from 3Q 2023). Net income: JP¥1.76b (down 22% from 3Q 2023). Profit margin: 12% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Nov 06RS Technologies Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024RS Technologies Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
お知らせ • Nov 04GRINM Semiconductor Materials Co., Ltd. (SHSE:688432) agreed to acquire 70% stake in DG Technologies, Inc. from RS Technologies Co., Ltd. (TSE:3445).GRINM Semiconductor Materials Co., Ltd. (SHSE:688432) agreed to acquire 70% stake in DG Technologies, Inc. from RS Technologies Co., Ltd. (TSE:3445) on November 2, 2024. A cash consideration will be paid by GRINM Semiconductor Materials Co., Ltd.
分析記事 • Oct 09Is RS Technologies Co., Ltd. (TSE:3445) Potentially Undervalued?While RS Technologies Co., Ltd. ( TSE:3445 ) might not have the largest market cap around , it received a lot of...
お知らせ • Sep 20RS Technologies Co., Ltd. (TSE:3445) agreed to acquire Sony Precision Devices (Huizhou) Co., Ltd. from Sony (China) Limited.RS Technologies Co., Ltd. (TSE:3445) agreed to acquire Sony Precision Devices (Huizhou) Co., Ltd. from Sony (China) Limited on September 19, 2024. The expected completion of the transaction is December 30, 2024.
分析記事 • Sep 10RS Technologies (TSE:3445) Will Pay A Larger Dividend Than Last Year At ¥35.00The board of RS Technologies Co., Ltd. ( TSE:3445 ) has announced that it will be paying its dividend of ¥35.00 on the...
分析記事 • Aug 27RS Technologies (TSE:3445) Has Announced That It Will Be Increasing Its Dividend To ¥35.00RS Technologies Co., Ltd.'s ( TSE:3445 ) dividend will be increasing from last year's payment of the same period to...
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: JP¥77.82 (vs JP¥76.76 in 2Q 2023)Second quarter 2024 results: EPS: JP¥77.82 (up from JP¥76.76 in 2Q 2023). Revenue: JP¥14.7b (up 5.2% from 2Q 2023). Net income: JP¥2.05b (up 1.7% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 12RS Technologies' (TSE:3445) Upcoming Dividend Will Be Larger Than Last Year'sRS Technologies Co., Ltd. ( TSE:3445 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Aug 11Dividend increased to JP¥35.00Dividend of JP¥35.00 is 17% higher than last year. Ex-date: 27th December 2024 Payment date: 12th March 2025 Dividend yield will be 1.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 61% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,678, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,767 per share.
分析記事 • Jul 23Benign Growth For RS Technologies Co., Ltd. (TSE:3445) Underpins Its Share PriceWith a price-to-earnings (or "P/E") ratio of 11x RS Technologies Co., Ltd. ( TSE:3445 ) may be sending bullish signals...
Buy Or Sell Opportunity • Jul 18Now 23% undervaluedOver the last 90 days, the stock has risen 8.1% to JP¥3,285. The fair value is estimated to be JP¥4,265, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 4.7% in the next 2 years.
お知らせ • Jun 28RS Technologies Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024RS Technologies Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
分析記事 • Jun 10Is RS Technologies (TSE:3445) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Board Change • May 22Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Cuiping Zhang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • May 16RS Technologies Co., Ltd. Revises Dividend Forecast for the Fiscal Year Ending December 2024RS Technologies Co., Ltd. announced that it resolved to forecast dividends at its Board of Directors held on May 13, 2024. The company revised dividend forecast of JPY 35.00 for the fiscal year ending December 2024 compared to JPY 30.00 paid last year. Reason for dividend increase: The company has increased the dividend by JPY 5 from the previous fiscal year to JPY 35 per share, considering that the consolidated group performance for the current fiscal year is progressing steadily toward medium-term management plan.
分析記事 • Apr 15What Does RS Technologies Co., Ltd.'s (TSE:3445) Share Price Indicate?RS Technologies Co., Ltd. ( TSE:3445 ), might not be a large cap stock, but it saw a significant share price rise of...
分析記事 • Mar 31Improved Earnings Required Before RS Technologies Co., Ltd. (TSE:3445) Shares Find Their FeetWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider RS...
お知らせ • Feb 28RS Technologies Co., Ltd. to Report Q1, 2024 Results on May 13, 2024RS Technologies Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024
お知らせ • Feb 15RS Technologies Co., Ltd., Annual General Meeting, Mar 28, 2024RS Technologies Co., Ltd., Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥293 (down from JP¥299 in FY 2022). Revenue: JP¥51.9b (up 4.1% from FY 2022). Net income: JP¥7.70b (flat on FY 2022). Profit margin: 15% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Feb 14Now 24% undervaluedOver the last 90 days, the stock has risen 7.5% to JP¥2,618. The fair value is estimated to be JP¥3,460, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 16% in the next 2 years.
お知らせ • Dec 05RS Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024RS Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥85.19 (vs JP¥94.91 in 3Q 2022)Third quarter 2023 results: EPS: JP¥85.19 (down from JP¥94.91 in 3Q 2022). Revenue: JP¥13.3b (flat on 3Q 2022). Net income: JP¥2.24b (down 8.6% from 3Q 2022). Profit margin: 17% (down from 18% in 3Q 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Japan. 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 14% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,857, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 74% over the past three years.
お知らせ • Sep 03RS Technologies Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023RS Technologies Co., Ltd. announced that they will report Q3, 2023 results on Nov 13, 2023
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: JP¥76.76 (vs JP¥81.49 in 2Q 2022)Second quarter 2023 results: EPS: JP¥76.76 (down from JP¥81.49 in 2Q 2022). Revenue: JP¥14.0b (up 6.5% from 2Q 2022). Net income: JP¥2.02b (down 4.2% from 2Q 2022). Profit margin: 14% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Japan. 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 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 10RS Technologies Co., Ltd. to Report Q2, 2023 Results on Aug 10, 2023RS Technologies Co., Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023
Reported Earnings • Feb 14Full year 2022 earnings: EPS in line with expectations, revenues disappointFull year 2022 results: EPS: JP¥599 (up from JP¥128 in FY 2021). Revenue: JP¥49.9b (up 44% from FY 2021). Net income: JP¥7.74b (up 134% from FY 2021). Profit margin: 16% (up from 9.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 14 March 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.4%).
お知らせ • Dec 06RS Technologies Co., Ltd. to Report Fiscal Year 2022 Results on Feb 13, 2023RS Technologies Co., Ltd. announced that they will report fiscal year 2022 results on Feb 13, 2023
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). Independent External Auditor Hiroyuki Kanamori was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: JP¥190 (vs JP¥86.33 in 3Q 2021)Third quarter 2022 results: EPS: JP¥190 (up from JP¥86.33 in 3Q 2021). Revenue: JP¥13.4b (up 48% from 3Q 2021). Net income: JP¥2.45b (up 120% from 3Q 2021). Profit margin: 18% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 10Investor sentiment improved over the past weekAfter last week's 24% share price gain to JP¥8,920, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 8x in the Semiconductor industry in Japan. Total returns to shareholders of 128% over the past three years.
お知らせ • Sep 09RS Technologies Co., Ltd. to Report Q3, 2022 Results on Nov 11, 2022RS Technologies Co., Ltd. announced that they will report Q3, 2022 results on Nov 11, 2022
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: JP¥163 (vs JP¥90.50 in 2Q 2021)Second quarter 2022 results: EPS: JP¥163 (up from JP¥90.50 in 2Q 2021). Revenue: JP¥13.1b (up 48% from 2Q 2021). Net income: JP¥2.11b (up 80% from 2Q 2021). Profit margin: 16% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 20% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 16First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: JP¥94.99 (up from JP¥41.77 loss in 1Q 2021). Revenue: JP¥11.1b (up 66% from 1Q 2021). Net income: JP¥1.23b (up JP¥1.77b from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 9.4%, compared to a 21% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 2 independent directors (8 non-independent directors). Independent External Director Tadashi Utsumi 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 • Apr 07RS Technologies Co., Ltd. to Report Q1, 2022 Results on May 13, 2022RS Technologies Co., Ltd. announced that they will report Q1, 2022 results on May 13, 2022
Reported Earnings • Feb 20Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: JP¥255 (up from JP¥219 in FY 2020). Revenue: JP¥34.6b (up 35% from FY 2020). Net income: JP¥3.30b (up 17% from FY 2020). Profit margin: 9.5% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 19%, compared to a 19% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Feb 16RS Technologies Co., Ltd., Annual General Meeting, Mar 30, 2022RS Technologies Co., Ltd., Annual General Meeting, Mar 30, 2022.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 15 March 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.6%).
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS JP¥86.33 (vs JP¥49.82 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥9.09b (up 43% from 3Q 2020). Net income: JP¥1.12b (up 73% from 3Q 2020). Profit margin: 12% (up from 10% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥6,240, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 37% over the past three years.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥6,250, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Semiconductor industry in Japan. Total returns to shareholders of 6.2% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS JP¥90.50 (vs JP¥66.81 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: JP¥8.88b (up 37% from 2Q 2020). Net income: JP¥1.17b (up 36% from 2Q 2020). Profit margin: 13% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥5,180, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total loss to shareholders of 23% over the past three years.
Reported Earnings • Apr 04Full year 2020 earnings released: EPS JP¥219 (vs JP¥237 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥25.6b (up 4.3% from FY 2019). Net income: JP¥2.82b (down 7.0% from FY 2019). Profit margin: 11% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥219 (vs JP¥237 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥25.6b (up 4.3% from FY 2019). Net income: JP¥2.82b (down 7.0% from FY 2019). Profit margin: 11% (down from 12% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.
Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 5.6%. Over the next year, revenue is forecast to stay flat compared to a 22% growth forecast for the Semiconductor industry in Japan.
Is New 90 Day High Low • Jan 08New 90-day high: JP¥6,140The company is up 73% from its price of JP¥3,550 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 34% over the same period.
Upcoming Dividend • Dec 22Upcoming Dividend of JP¥15.00 Per ShareWill be paid on the 30th of March to those who are registered shareholders by the 29th of December. The trailing yield of 0.3% is below the top quartile of Japanese dividend payers (3.0%), and is lower than industry peers (1.4%).
Is New 90 Day High Low • Dec 21New 90-day high: JP¥5,100The company is up 46% from its price of JP¥3,495 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 35% over the same period.