Abalance（3856）株式概要アバランスコーポレーションは子会社とともに、再生可能エネルギー事業、建設機械事業、IT事業、光触媒事業を国内外で展開している。 詳細3856 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性5/6配当金2/6報酬株価収益率（ 7.8 x） JP市場（ 13.8 x）を下回っています。リスク分析高いレベルの非現金収入 過去1年間で収益は53.6%減少しました JP市場と比較して、過去 3 か月間の株価の変動が非常に大きい利益率(1.3%)は昨年より低い(3.2%) +2 さらなるリスクすべてのリスクチェックを見る3856 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¥523.0069.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0208b2016201920222025202620282031Revenue JP¥96.6bEarnings JP¥1.3bAdvancedSet Fair ValueView all narrativesAbalance Corporation 競合他社AXELLSymbol: TSE:6730Market cap: JP¥11.6bMiraialSymbol: TSE:4238Market cap: JP¥12.1bTorex SemiconductorSymbol: TSE:6616Market cap: JP¥27.6bShindengen Electric ManufacturingLtdSymbol: TSE:6844Market cap: JP¥31.7b価格と性能株価の高値、安値、推移の概要Abalance過去の株価現在の株価JP¥523.0052週高値JP¥1,400.0052週安値JP¥328.00ベータ0.741ヶ月の変化-1.51%3ヶ月変化6.95%1年変化-13.27%3年間の変化-93.88%5年間の変化-67.14%IPOからの変化680.60%最新ニュースお知らせ • May 09Abalance Corporation to Report Fiscal Year 2026 Results on May 15, 2026Abalance Corporation announced that they will report fiscal year 2026 results on May 15, 2026Board Change • Apr 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Outside Director Masaru Honma was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥521, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 25x in the Semiconductor industry in Japan. Total loss to shareholders of 95% over the past three years.New Risk • Mar 31New major risk - Revenue and earnings growthRevenue has declined by 54% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.1b market cap, or US$75.9m).Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥491, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 24x in the Semiconductor industry in Japan. Total loss to shareholders of 91% over the past three years.New Risk • Jan 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.0b market cap, or US$75.8m).最新情報をもっと見るRecent updatesお知らせ • May 09Abalance Corporation to Report Fiscal Year 2026 Results on May 15, 2026Abalance Corporation announced that they will report fiscal year 2026 results on May 15, 2026Board Change • Apr 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Outside Director Masaru Honma was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥521, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 25x in the Semiconductor industry in Japan. Total loss to shareholders of 95% over the past three years.New Risk • Mar 31New major risk - Revenue and earnings growthRevenue has declined by 54% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.1b market cap, or US$75.9m).Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥491, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 24x in the Semiconductor industry in Japan. Total loss to shareholders of 91% over the past three years.New Risk • Jan 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.0b market cap, or US$75.8m).Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥455, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • Dec 18Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥553, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total loss to shareholders of 78% over the past three years.分析記事 • Dec 04Investors Give Abalance Corporation (TSE:3856) Shares A 26% HidingThe Abalance Corporation ( TSE:3856 ) share price has fared very poorly over the last month, falling by a substantial...お知らせ • Dec 02Abalance Corporation to Report Q3, 2026 Results on Feb 13, 2026Abalance Corporation announced that they will report Q3, 2026 results on Feb 13, 2026New Risk • Nov 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.4b (US$92.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥14.4b market cap, or US$92.8m).Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥756, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total loss to shareholders of 74% over the past three years.お知らせ • Oct 17Abalance Corporation to Report Q2, 2026 Results on Nov 14, 2025Abalance Corporation announced that they will report Q2, 2026 results on Nov 14, 2025分析記事 • Oct 09Positive Sentiment Still Eludes Abalance Corporation (TSE:3856) Following 29% Share Price SlumpThe Abalance Corporation ( TSE:3856 ) share price has softened a substantial 29% over the previous 30 days, handing...Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,030, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 47% over the past three years.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,229, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 39% over the past three years.Board Change • Aug 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shigeto Yanase 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.分析記事 • Aug 22Abalance Corporation (TSE:3856) Soars 61% But It's A Story Of Risk Vs RewardDespite an already strong run, Abalance Corporation ( TSE:3856 ) shares have been powering on, with a gain of 61% in...Board Change • Aug 21Less 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 Shigeto Yanase 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.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,044, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 16x in the Semiconductor industry in Japan. Total loss to shareholders of 48% over the past three years.分析記事 • Jul 08Does Abalance (TSE:3856) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Jul 08Abalance Corporation's (TSE:3856) Shares Leap 26% Yet They're Still Not Telling The Full StoryDespite an already strong run, Abalance Corporation ( TSE:3856 ) shares have been powering on, with a gain of 26% in...Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥731, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 52% over the past three years.お知らせ • Jun 03Abalance Corporation to Report Q1, 2026 Results on Aug 14, 2025Abalance Corporation announced that they will report Q1, 2026 results on Aug 14, 2025分析記事 • May 23The Market Lifts Abalance Corporation (TSE:3856) Shares 28% But It Can Do MoreAbalance Corporation ( TSE:3856 ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥639, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 39% over the past three years.Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥34.28 (vs JP¥106 in 3Q 2024)Third quarter 2025 results: EPS: JP¥34.28 (down from JP¥106 in 3Q 2024). Revenue: JP¥27.8b (down 41% from 3Q 2024). Net income: JP¥610.0m (down 67% from 3Q 2024). Profit margin: 2.2% (down from 3.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • May 16Abalance Corporation, Annual General Meeting, Jun 28, 2025Abalance Corporation, Annual General Meeting, Jun 28, 2025.お知らせ • Apr 29Abalance Corporation announced that it has received ¥490.07931 million in funding from Core Competence Corporation, DL Green Investments LPFOn April 28, 2025, Abalance Corporation closed the transaction.お知らせ • Apr 10Abalance Corporation announced that it expects to receive ¥490.07931 million in funding from Core Competence Corporation, DL Green Investments LPF and another investorAbalance Corporation announced a private placement to issue 408,700 common shares at issue price of ¥465 for gross proceeds of ¥190,045,500 and 693,800 common shares at issue price ¥432.45 for gross proceeds of ¥300,033,810 for aggregate proceeds of ¥490,079,310 on April 10, 2025. The transaction includes participation from Junsei Ryu for 322,600 shares, Core Competence Corporation for 86,100 shares and DL Green Investments LPF for 693,800 shares. The transaction will happen through third party allocation. The issue date will be April 28, 2025. The transaction has been approved at board of director meeting of the company. The company will bear issuance expenses of ¥10,000,000 and will receive net proceeds of ¥480,079,310. Junsei Ryu held 24.43% stake before offering and 24.71% stake after the offering. DL Green Investments LPF will hold 3.66% after the offering.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 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Market cap is less than US$100m (JP¥7.94b market cap, or US$54.3m).分析記事 • Apr 04Does Abalance (TSE:3856) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Mar 19Abalance Corporation Shs Common Shares to Be Deleted from OTC EquityAbalance Corporation Shs Common Shares (Japan) will be deleted from OTC Equity effective March 18, 2025, due to Inactive Security.お知らせ • Mar 01Abalance Corporation to Report Fiscal Year 2025 Results on May 15, 2025Abalance Corporation announced that they will report fiscal year 2025 results on May 15, 2025お知らせ • Feb 28+ 1 more updateAbalance Corporation Provides Earnings Guidance for the Fiscal Year Ending March 31, 2025Abalance Corporation provided earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects net sales of JPY 60,000 million, operating profit of JPY 5,100 million, profit attributable to owners of parent of JPY 1,000 million and basic earnings per share of JPY 56.20. Subject to the approval of the partial amendments to the Articles of Incorporation (change in fiscal year-end date) as proposed at the Extraordinary General Meeting of Shareholders scheduled for February 21, 2025, the company plan to change fiscal year-end from June 30 to March 31. Consequently, the fiscal year ending March 31, 2025, which will be a transitional period for the accounting term change, is planned to be a nine-month fiscal period from July 1, 2024 to March 31, 2025. As of today, since the Extraordinary General Meeting of Shareholders has not yet been held, items other than the consolidated financial result forecasts continue to be presented as "fiscal year ending June 30, 2025".分析記事 • Feb 21Abalance's (TSE:3856) Soft Earnings Don't Show The Whole PictureThe market for Abalance Corporation's ( TSE:3856 ) shares didn't move much after it posted weak earnings recently. We...Reported Earnings • Feb 16Second quarter 2025 earnings released: EPS: JP¥52.04 (vs JP¥109 in 2Q 2024)Second quarter 2025 results: EPS: JP¥52.04 (down from JP¥109 in 2Q 2024). Revenue: JP¥24.0b (down 53% from 2Q 2024). Net income: JP¥926.0m (down 51% from 2Q 2024). Profit margin: 3.9% (up from 3.7% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 20Upcoming dividend of JP¥3.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 1.9% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).分析記事 • Dec 06Abalance (TSE:3856) Is Paying Out A Dividend Of ¥3.00Abalance Corporation's ( TSE:3856 ) investors are due to receive a payment of ¥3.00 per share on 31st of March. This...お知らせ • Dec 03Abalance Corporation to Report Q2, 2025 Results on Feb 14, 2025Abalance Corporation announced that they will report Q2, 2025 results on Feb 14, 2025Reported Earnings • Dec 01First quarter 2025 earnings released: JP¥32.49 loss per share (vs JP¥101 profit in 1Q 2024)First quarter 2025 results: JP¥32.49 loss per share (down from JP¥101 profit in 1Q 2024). Revenue: JP¥21.7b (down 63% from 1Q 2024). Net loss: JP¥578.0m (down 133% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥963, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 25% over the past three years.New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥13.9b (US$89.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (JP¥13.9b market cap, or US$89.3m).Declared Dividend • Oct 16Final dividend of JP¥3.00 announcedDividend of JP¥3.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 0.4193%.Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥548 (vs JP¥293 in FY 2023)Full year 2024 results: EPS: JP¥548 (up from JP¥293 in FY 2023). Revenue: JP¥209.0b (down 2.9% from FY 2023). Net income: JP¥9.53b (up 92% from FY 2023). Profit margin: 4.6% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Outside Director Masaru Honma was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 04Abalance Corporation Announces Dividend for the Fiscal Year Ended June 30, 2024, Payable on September 27, 2024Abalance Corporation announced dividend for the fiscal year ended June 30, 2024 of JPY 5.00 per share compared to JPY 5.00 per share a year ago. Scheduled date to commence dividend payments is September 27, 2024.分析記事 • Sep 01Further Upside For Abalance Corporation (TSE:3856) Shares Could Introduce Price Risks After 31% BounceThose holding Abalance Corporation ( TSE:3856 ) shares would be relieved that the share price has rebounded 31% in the...お知らせ • Aug 27Abalance Corporation to Report Q1, 2025 Results on Nov 14, 2024Abalance Corporation announced that they will report Q1, 2025 results on Nov 14, 2024分析記事 • Aug 21We Think Abalance's (TSE:3856) Solid Earnings Are UnderstatedAbalance Corporation ( TSE:3856 ) announced a healthy earnings result recently, and the market rewarded it with a...Reported Earnings • Aug 19Full year 2024 earnings released: EPS: JP¥548 (vs JP¥293 in FY 2023)Full year 2024 results: EPS: JP¥548 (up from JP¥293 in FY 2023). Revenue: JP¥209.0b (down 2.9% from FY 2023). Net income: JP¥9.53b (up 92% from FY 2023). Profit margin: 4.6% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Aug 15Abalance Corporation, Annual General Meeting, Sep 26, 2024Abalance Corporation, Annual General Meeting, Sep 26, 2024.New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks High level of debt (67% net debt to equity). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (JP¥14.5b market cap, or US$99.9m).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥817, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 59% over the past three years.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 30%After last week's 30% share price gain to JP¥1,602, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 22% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 1.3% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.1%).お知らせ • Jun 06Abalance Corporation to Report Fiscal Year 2024 Results on Aug 14, 2024Abalance Corporation announced that they will report fiscal year 2024 results on Aug 14, 2024Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,605, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 1.6% over the past three years.お知らせ • May 28Abalance Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2024Abalance Corporation provided consolidated earnings guidance for the year ending June 30, 2024. For the year, the company expects net sales of JPY 185,000 million, operating profit of JPY 20,600 million and profit attributable to owners of parent of JPY 8,000 million or JPY 461.49 per basic share.Reported Earnings • May 20Third quarter 2024 earnings released: EPS: JP¥106 (vs JP¥93.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥106 (up from JP¥93.95 in 3Q 2023). Revenue: JP¥47.1b (down 7.9% from 3Q 2023). Net income: JP¥1.83b (up 14% from 3Q 2023). Profit margin: 3.9% (up from 3.2% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.New Risk • May 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks High level of debt (60% net debt to equity). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,367, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 43% over the past three years.お知らせ • Apr 27Abalance Corporation announced that it expects to receive CAD 862.884 million in funding from Athos Capital LimitedAbalance Corporation announced a private placement of 440,000 common shares at a price of ¥1,961.1 per share for the gross proceeds of ¥862,884,000 on April 26, 2024. The transaction has been approved by the shareholders of the company and is expected to close on May 13, 2024. The transaction will include participation from new investor Athos Asia Event Driven Master Fund managed by Athos Capital Limited.分析記事 • Apr 15Market Cool On Abalance Corporation's (TSE:3856) Earnings Pushing Shares 25% LowerTo the annoyance of some shareholders, Abalance Corporation ( TSE:3856 ) shares are down a considerable 25% in the last...分析記事 • Apr 04Abalance (TSE:3856) Is Achieving High Returns On Its CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...お知らせ • Mar 29Abalance Corporation Announces Dividend for the Second Quarter End of Fiscal Year Ending June 30, 2024, Payable on March 29, 2024Abalance Corporation announced dividend for the second quarter end of Fiscal year ending June 30, 2024. For the period, the company announced dividend of JPY 3.00 per share against JPY 3.00 per share paid a year ago. Scheduled date to commence dividend payments: March 29, 2024.Declared Dividend • Mar 29First half dividend of JP¥5.00 announcedDividend of JP¥5.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 27th September 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 1%.お知らせ • Mar 29Abalance Corporation to Report Q3, 2024 Results on May 15, 2024Abalance Corporation announced that they will report Q3, 2024 results on May 15, 2024Reported Earnings • Mar 17Second quarter 2024 earnings released: EPS: JP¥109 (vs JP¥102 in 2Q 2023)Second quarter 2024 results: EPS: JP¥109 (up from JP¥102 in 2Q 2023). Revenue: JP¥50.8b (down 9.3% from 2Q 2023). Net income: JP¥1.89b (up 11% from 2Q 2023). Profit margin: 3.7% (up from 3.0% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,356, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 23x in the Semiconductor industry in Japan. Total returns to shareholders of 59% over the past three years.分析記事 • Feb 27Market Cool On Abalance Corporation's (TSE:3856) Revenues Pushing Shares 27% LowerUnfortunately for some shareholders, the Abalance Corporation ( TSE:3856 ) share price has dived 27% in the last thirty...Valuation Update With 7 Day Price Move • Feb 15Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,217, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 25% over the past three years.Buy Or Sell Opportunity • Jan 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥2,759. The fair value is estimated to be JP¥3,497, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 85% over the last 3 years. Earnings per share has grown by 90%.Upcoming Dividend • Dec 21Upcoming dividend of JP¥5.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 March 2024. Payout ratio is a comfortable 2.1% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.2%).お知らせ • Nov 29Abalance Corporation Provides Earnings Guidance for the Fiscal Years Ending June 30, 2024Abalance Corporation provided earnings guidance for the fiscal years ending June 30, 2024. For the year, the company expected net sales of JPY 251,800 million and operating profit of JPY 15,800 million, Profit attributable to owners of parent of 7,000 and Basic earnings per share of 413.53.お知らせ • Nov 26Abalance Corporation to Report Q2, 2024 Results on Feb 14, 2024Abalance Corporation announced that they will report Q2, 2024 results on Feb 14, 2024Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: JP¥100 (vs JP¥31.95 in 1Q 2023)First quarter 2024 results: EPS: JP¥100 (up from JP¥31.95 in 1Q 2023). Revenue: JP¥57.7b (up 3.6% from 1Q 2023). Net income: JP¥1.74b (up 227% from 1Q 2023). Profit margin: 3.0% (up from 1.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥4,025, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 372% over the past three years.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,935, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 547% over the past three years.お知らせ • Sep 04Abalance Corporation to Report Q1, 2024 Results on Nov 14, 2023Abalance Corporation announced that they will report Q1, 2024 results on Nov 14, 2023Buying Opportunity • Aug 31Now 27% undervalued after recent price dropOver the last 90 days, the stock is down 60%. The fair value is estimated to be JP¥5,598, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 93% over the last 3 years. Earnings per share has grown by 87%. Revenue is forecast to grow by 61% in 2 years. Earnings is forecast to grow by 84% in the next 2 years.Reported Earnings • Aug 20Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥322 (up from JP¥52.77 in FY 2022). Revenue: JP¥217.4b (up 135% from FY 2022). Net income: JP¥5.45b (up JP¥4.58b from FY 2022). Profit margin: 2.5% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) exceeded analyst estimates by 7.0%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 198% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥7,280, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 2,529% over the past three years.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥8,830, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 2,786% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of JP¥3.00 per share at 0.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 2.4% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥9,890, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 5,038% over the past three years.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥10,300, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 4,960% over the past three years.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥7,990, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,044% over the past three years.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥9,310, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,987% over the past three years.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥7,440, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,379% over the past three years.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥6,250, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 3,072% over the past three years.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,515, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 1,861% over the past three years.Reported Earnings • Feb 16Second quarter 2023 earnings released: EPS: JP¥105 (vs JP¥3.16 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥105 (up from JP¥3.16 loss in 2Q 2022). Revenue: JP¥56.3b (up 234% from 2Q 2022). Net income: JP¥1.74b (up JP¥1.79b from 2Q 2022). Profit margin: 3.1% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 157% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 13Abalance Corporation announced that it has received ¥1.3995912 billion in funding from Oasis Management Company Ltd., Catalyst Investment Group Co.,Ltd., Meiji Machine Co., Ltd., Aioi Nissay Dowa Insurance Co., Ltd., Ocean Links Ltd.On January 12, 2023, Abalance Corporation, closed the transaction. The transaction included participation from Oasis Investments II Master Fund Ltd. for 227,000 shares, Catalyst Investment Group Co.,Ltd. for 181,600 shares, Meiji Machine Co., Ltd. for 136,200 shares, Aioi Nissay Dowa Insurance Co., Ltd. for 45,400 shares, Ocean Links Ltd. for 45,400 shares.お知らせ • Dec 28Abalance Corporation announced that it expects to receive ¥1.3995912 billion in funding from Oasis Management Company Ltd., Catalyst Investment Group Co.,Ltd., Meiji Machine Co., Ltd., Aioi Nissay Dowa Insurance Co., Ltd., Ocean Links Ltd.Abalance Corporation announced a private placement of 635,600 shares at a price of ¥2,202 per share for gross proceeds of ¥1,399,591,200 on December 26, 2022. The transaction will include participation from Oasis Investments II Master Fund Ltd., a fund managed by Oasis Management Company Ltd. for 227,000 shares; Catalyst Investment Group Co.,Ltd. for 181,600 shares; Meiji Machine Co., Ltd. for 136,200 shares; Aioi Nissay Dowa Insurance Co., Ltd. for 45,400 shares, and Ocean Links Ltd. for 45,400 shares.Upcoming Dividend • Dec 22Upcoming dividend of JP¥2.30 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 15 March 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.1%).お知らせ • Dec 02Abalance Corporation to Report Q2, 2023 Results on Feb 14, 2023Abalance Corporation announced that they will report Q2, 2023 results on Feb 14, 2023Reported Earnings • Nov 16First quarter 2023 earnings released: EPS: JP¥31.95 (vs JP¥53.28 in 1Q 2022)First quarter 2023 results: EPS: JP¥31.95 (down from JP¥53.28 in 1Q 2022). Revenue: JP¥55.7b (up 468% from 1Q 2022). Net income: JP¥531.0m (down 38% from 1Q 2022). Profit margin: 1.0% (down from 8.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 154% per year, which means it is tracking significantly ahead of earnings growth.株主還元3856JP SemiconductorJP 市場7D1.0%8.7%1.2%1Y-13.3%248.4%42.1%株主還元を見る業界別リターン: 3856過去 1 年間で248.4 % の収益を上げたJP Semiconductor業界を下回りました。リターン対市場: 3856は、過去 1 年間で42.1 % のリターンを上げたJP市場を下回りました。価格変動Is 3856's price volatile compared to industry and market?3856 volatility3856 Average Weekly Movement11.7%Semiconductor Industry Average Movement9.5%Market Average Movement5.0%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 3856の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 3856の weekly volatility ( 12% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20001,713n/awww.abalance.co.jp株式会社アバランスは子会社とともに、再生可能エネルギー事業、建設機械事業、IT事業、光触媒事業を国内外で展開している。太陽電池パネルの製造、太陽光発電システム・電力・関連製品の販売、太陽電池モジュール・システムの開発、産業用・家庭用蓄電池材料の提供、光触媒関連液の提供などを行っている。また、建設機械や機械の販売、リース、レンタルも手掛けている。また、水素エネルギー貯蔵システムの販売・レンタル、貯蔵システムの開発も行っている。旧社名は株式会社リアルコムで、2017年3月に株式会社アバランスに社名変更した。株式会社アバランスは2000年に法人化され、東京に本社を置いている。もっと見るAbalance Corporation 基礎のまとめAbalance の収益と売上を時価総額と比較するとどうか。3856 基礎統計学時価総額JP¥9.91b収益（TTM）JP¥1.27b売上高(TTM)JP¥96.56b7.8xPER（株価収益率0.1xP/Sレシオ3856 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3856 損益計算書（TTM）収益JP¥96.56b売上原価JP¥80.32b売上総利益JP¥16.24bその他の費用JP¥14.97b収益JP¥1.27b直近の収益報告Mar 31, 2025次回決算日該当なし一株当たり利益（EPS）66.91グロス・マージン16.82%純利益率1.31%有利子負債／自己資本比率102.1%3856 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1.1%現在の配当利回り6%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 18:18終値2026/05/22 00:00収益2025/03/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Abalance Corporation 0 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。1 アナリスト機関Koichi HariyaIchiyoshi Research Institute Inc.
お知らせ • May 09Abalance Corporation to Report Fiscal Year 2026 Results on May 15, 2026Abalance Corporation announced that they will report fiscal year 2026 results on May 15, 2026
Board Change • Apr 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Outside Director Masaru Honma was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥521, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 25x in the Semiconductor industry in Japan. Total loss to shareholders of 95% over the past three years.
New Risk • Mar 31New major risk - Revenue and earnings growthRevenue has declined by 54% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.1b market cap, or US$75.9m).
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥491, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 24x in the Semiconductor industry in Japan. Total loss to shareholders of 91% over the past three years.
New Risk • Jan 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.0b market cap, or US$75.8m).
お知らせ • May 09Abalance Corporation to Report Fiscal Year 2026 Results on May 15, 2026Abalance Corporation announced that they will report fiscal year 2026 results on May 15, 2026
Board Change • Apr 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Outside Director Masaru Honma was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥521, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 25x in the Semiconductor industry in Japan. Total loss to shareholders of 95% over the past three years.
New Risk • Mar 31New major risk - Revenue and earnings growthRevenue has declined by 54% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.1b market cap, or US$75.9m).
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥491, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 24x in the Semiconductor industry in Japan. Total loss to shareholders of 91% over the past three years.
New Risk • Jan 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.0b market cap, or US$75.8m).
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥455, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • Dec 18Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥553, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total loss to shareholders of 78% over the past three years.
分析記事 • Dec 04Investors Give Abalance Corporation (TSE:3856) Shares A 26% HidingThe Abalance Corporation ( TSE:3856 ) share price has fared very poorly over the last month, falling by a substantial...
お知らせ • Dec 02Abalance Corporation to Report Q3, 2026 Results on Feb 13, 2026Abalance Corporation announced that they will report Q3, 2026 results on Feb 13, 2026
New Risk • Nov 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.4b (US$92.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥14.4b market cap, or US$92.8m).
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥756, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total loss to shareholders of 74% over the past three years.
お知らせ • Oct 17Abalance Corporation to Report Q2, 2026 Results on Nov 14, 2025Abalance Corporation announced that they will report Q2, 2026 results on Nov 14, 2025
分析記事 • Oct 09Positive Sentiment Still Eludes Abalance Corporation (TSE:3856) Following 29% Share Price SlumpThe Abalance Corporation ( TSE:3856 ) share price has softened a substantial 29% over the previous 30 days, handing...
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,030, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 47% over the past three years.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,229, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 39% over the past three years.
Board Change • Aug 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shigeto Yanase 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.
分析記事 • Aug 22Abalance Corporation (TSE:3856) Soars 61% But It's A Story Of Risk Vs RewardDespite an already strong run, Abalance Corporation ( TSE:3856 ) shares have been powering on, with a gain of 61% in...
Board Change • Aug 21Less 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 Shigeto Yanase 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.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,044, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 16x in the Semiconductor industry in Japan. Total loss to shareholders of 48% over the past three years.
分析記事 • Jul 08Does Abalance (TSE:3856) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Jul 08Abalance Corporation's (TSE:3856) Shares Leap 26% Yet They're Still Not Telling The Full StoryDespite an already strong run, Abalance Corporation ( TSE:3856 ) shares have been powering on, with a gain of 26% in...
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥731, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 52% over the past three years.
お知らせ • Jun 03Abalance Corporation to Report Q1, 2026 Results on Aug 14, 2025Abalance Corporation announced that they will report Q1, 2026 results on Aug 14, 2025
分析記事 • May 23The Market Lifts Abalance Corporation (TSE:3856) Shares 28% But It Can Do MoreAbalance Corporation ( TSE:3856 ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥639, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 39% over the past three years.
Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥34.28 (vs JP¥106 in 3Q 2024)Third quarter 2025 results: EPS: JP¥34.28 (down from JP¥106 in 3Q 2024). Revenue: JP¥27.8b (down 41% from 3Q 2024). Net income: JP¥610.0m (down 67% from 3Q 2024). Profit margin: 2.2% (down from 3.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • May 16Abalance Corporation, Annual General Meeting, Jun 28, 2025Abalance Corporation, Annual General Meeting, Jun 28, 2025.
お知らせ • Apr 29Abalance Corporation announced that it has received ¥490.07931 million in funding from Core Competence Corporation, DL Green Investments LPFOn April 28, 2025, Abalance Corporation closed the transaction.
お知らせ • Apr 10Abalance Corporation announced that it expects to receive ¥490.07931 million in funding from Core Competence Corporation, DL Green Investments LPF and another investorAbalance Corporation announced a private placement to issue 408,700 common shares at issue price of ¥465 for gross proceeds of ¥190,045,500 and 693,800 common shares at issue price ¥432.45 for gross proceeds of ¥300,033,810 for aggregate proceeds of ¥490,079,310 on April 10, 2025. The transaction includes participation from Junsei Ryu for 322,600 shares, Core Competence Corporation for 86,100 shares and DL Green Investments LPF for 693,800 shares. The transaction will happen through third party allocation. The issue date will be April 28, 2025. The transaction has been approved at board of director meeting of the company. The company will bear issuance expenses of ¥10,000,000 and will receive net proceeds of ¥480,079,310. Junsei Ryu held 24.43% stake before offering and 24.71% stake after the offering. DL Green Investments LPF will hold 3.66% after the offering.
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 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Market cap is less than US$100m (JP¥7.94b market cap, or US$54.3m).
分析記事 • Apr 04Does Abalance (TSE:3856) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Mar 19Abalance Corporation Shs Common Shares to Be Deleted from OTC EquityAbalance Corporation Shs Common Shares (Japan) will be deleted from OTC Equity effective March 18, 2025, due to Inactive Security.
お知らせ • Mar 01Abalance Corporation to Report Fiscal Year 2025 Results on May 15, 2025Abalance Corporation announced that they will report fiscal year 2025 results on May 15, 2025
お知らせ • Feb 28+ 1 more updateAbalance Corporation Provides Earnings Guidance for the Fiscal Year Ending March 31, 2025Abalance Corporation provided earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects net sales of JPY 60,000 million, operating profit of JPY 5,100 million, profit attributable to owners of parent of JPY 1,000 million and basic earnings per share of JPY 56.20. Subject to the approval of the partial amendments to the Articles of Incorporation (change in fiscal year-end date) as proposed at the Extraordinary General Meeting of Shareholders scheduled for February 21, 2025, the company plan to change fiscal year-end from June 30 to March 31. Consequently, the fiscal year ending March 31, 2025, which will be a transitional period for the accounting term change, is planned to be a nine-month fiscal period from July 1, 2024 to March 31, 2025. As of today, since the Extraordinary General Meeting of Shareholders has not yet been held, items other than the consolidated financial result forecasts continue to be presented as "fiscal year ending June 30, 2025".
分析記事 • Feb 21Abalance's (TSE:3856) Soft Earnings Don't Show The Whole PictureThe market for Abalance Corporation's ( TSE:3856 ) shares didn't move much after it posted weak earnings recently. We...
Reported Earnings • Feb 16Second quarter 2025 earnings released: EPS: JP¥52.04 (vs JP¥109 in 2Q 2024)Second quarter 2025 results: EPS: JP¥52.04 (down from JP¥109 in 2Q 2024). Revenue: JP¥24.0b (down 53% from 2Q 2024). Net income: JP¥926.0m (down 51% from 2Q 2024). Profit margin: 3.9% (up from 3.7% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥3.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 1.9% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).
分析記事 • Dec 06Abalance (TSE:3856) Is Paying Out A Dividend Of ¥3.00Abalance Corporation's ( TSE:3856 ) investors are due to receive a payment of ¥3.00 per share on 31st of March. This...
お知らせ • Dec 03Abalance Corporation to Report Q2, 2025 Results on Feb 14, 2025Abalance Corporation announced that they will report Q2, 2025 results on Feb 14, 2025
Reported Earnings • Dec 01First quarter 2025 earnings released: JP¥32.49 loss per share (vs JP¥101 profit in 1Q 2024)First quarter 2025 results: JP¥32.49 loss per share (down from JP¥101 profit in 1Q 2024). Revenue: JP¥21.7b (down 63% from 1Q 2024). Net loss: JP¥578.0m (down 133% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥963, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 25% over the past three years.
New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥13.9b (US$89.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (JP¥13.9b market cap, or US$89.3m).
Declared Dividend • Oct 16Final dividend of JP¥3.00 announcedDividend of JP¥3.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 0.4193%.
Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥548 (vs JP¥293 in FY 2023)Full year 2024 results: EPS: JP¥548 (up from JP¥293 in FY 2023). Revenue: JP¥209.0b (down 2.9% from FY 2023). Net income: JP¥9.53b (up 92% from FY 2023). Profit margin: 4.6% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Outside Director Masaru Honma was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 04Abalance Corporation Announces Dividend for the Fiscal Year Ended June 30, 2024, Payable on September 27, 2024Abalance Corporation announced dividend for the fiscal year ended June 30, 2024 of JPY 5.00 per share compared to JPY 5.00 per share a year ago. Scheduled date to commence dividend payments is September 27, 2024.
分析記事 • Sep 01Further Upside For Abalance Corporation (TSE:3856) Shares Could Introduce Price Risks After 31% BounceThose holding Abalance Corporation ( TSE:3856 ) shares would be relieved that the share price has rebounded 31% in the...
お知らせ • Aug 27Abalance Corporation to Report Q1, 2025 Results on Nov 14, 2024Abalance Corporation announced that they will report Q1, 2025 results on Nov 14, 2024
分析記事 • Aug 21We Think Abalance's (TSE:3856) Solid Earnings Are UnderstatedAbalance Corporation ( TSE:3856 ) announced a healthy earnings result recently, and the market rewarded it with a...
Reported Earnings • Aug 19Full year 2024 earnings released: EPS: JP¥548 (vs JP¥293 in FY 2023)Full year 2024 results: EPS: JP¥548 (up from JP¥293 in FY 2023). Revenue: JP¥209.0b (down 2.9% from FY 2023). Net income: JP¥9.53b (up 92% from FY 2023). Profit margin: 4.6% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Aug 15Abalance Corporation, Annual General Meeting, Sep 26, 2024Abalance Corporation, Annual General Meeting, Sep 26, 2024.
New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks High level of debt (67% net debt to equity). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (JP¥14.5b market cap, or US$99.9m).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥817, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 59% over the past three years.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 30%After last week's 30% share price gain to JP¥1,602, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 22% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 1.3% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.1%).
お知らせ • Jun 06Abalance Corporation to Report Fiscal Year 2024 Results on Aug 14, 2024Abalance Corporation announced that they will report fiscal year 2024 results on Aug 14, 2024
Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,605, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 1.6% over the past three years.
お知らせ • May 28Abalance Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2024Abalance Corporation provided consolidated earnings guidance for the year ending June 30, 2024. For the year, the company expects net sales of JPY 185,000 million, operating profit of JPY 20,600 million and profit attributable to owners of parent of JPY 8,000 million or JPY 461.49 per basic share.
Reported Earnings • May 20Third quarter 2024 earnings released: EPS: JP¥106 (vs JP¥93.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥106 (up from JP¥93.95 in 3Q 2023). Revenue: JP¥47.1b (down 7.9% from 3Q 2023). Net income: JP¥1.83b (up 14% from 3Q 2023). Profit margin: 3.9% (up from 3.2% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
New Risk • May 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks High level of debt (60% net debt to equity). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,367, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 43% over the past three years.
お知らせ • Apr 27Abalance Corporation announced that it expects to receive CAD 862.884 million in funding from Athos Capital LimitedAbalance Corporation announced a private placement of 440,000 common shares at a price of ¥1,961.1 per share for the gross proceeds of ¥862,884,000 on April 26, 2024. The transaction has been approved by the shareholders of the company and is expected to close on May 13, 2024. The transaction will include participation from new investor Athos Asia Event Driven Master Fund managed by Athos Capital Limited.
分析記事 • Apr 15Market Cool On Abalance Corporation's (TSE:3856) Earnings Pushing Shares 25% LowerTo the annoyance of some shareholders, Abalance Corporation ( TSE:3856 ) shares are down a considerable 25% in the last...
分析記事 • Apr 04Abalance (TSE:3856) Is Achieving High Returns On Its CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
お知らせ • Mar 29Abalance Corporation Announces Dividend for the Second Quarter End of Fiscal Year Ending June 30, 2024, Payable on March 29, 2024Abalance Corporation announced dividend for the second quarter end of Fiscal year ending June 30, 2024. For the period, the company announced dividend of JPY 3.00 per share against JPY 3.00 per share paid a year ago. Scheduled date to commence dividend payments: March 29, 2024.
Declared Dividend • Mar 29First half dividend of JP¥5.00 announcedDividend of JP¥5.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 27th September 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 1%.
お知らせ • Mar 29Abalance Corporation to Report Q3, 2024 Results on May 15, 2024Abalance Corporation announced that they will report Q3, 2024 results on May 15, 2024
Reported Earnings • Mar 17Second quarter 2024 earnings released: EPS: JP¥109 (vs JP¥102 in 2Q 2023)Second quarter 2024 results: EPS: JP¥109 (up from JP¥102 in 2Q 2023). Revenue: JP¥50.8b (down 9.3% from 2Q 2023). Net income: JP¥1.89b (up 11% from 2Q 2023). Profit margin: 3.7% (up from 3.0% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,356, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 23x in the Semiconductor industry in Japan. Total returns to shareholders of 59% over the past three years.
分析記事 • Feb 27Market Cool On Abalance Corporation's (TSE:3856) Revenues Pushing Shares 27% LowerUnfortunately for some shareholders, the Abalance Corporation ( TSE:3856 ) share price has dived 27% in the last thirty...
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,217, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 25% over the past three years.
Buy Or Sell Opportunity • Jan 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥2,759. The fair value is estimated to be JP¥3,497, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 85% over the last 3 years. Earnings per share has grown by 90%.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥5.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 March 2024. Payout ratio is a comfortable 2.1% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.2%).
お知らせ • Nov 29Abalance Corporation Provides Earnings Guidance for the Fiscal Years Ending June 30, 2024Abalance Corporation provided earnings guidance for the fiscal years ending June 30, 2024. For the year, the company expected net sales of JPY 251,800 million and operating profit of JPY 15,800 million, Profit attributable to owners of parent of 7,000 and Basic earnings per share of 413.53.
お知らせ • Nov 26Abalance Corporation to Report Q2, 2024 Results on Feb 14, 2024Abalance Corporation announced that they will report Q2, 2024 results on Feb 14, 2024
Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: JP¥100 (vs JP¥31.95 in 1Q 2023)First quarter 2024 results: EPS: JP¥100 (up from JP¥31.95 in 1Q 2023). Revenue: JP¥57.7b (up 3.6% from 1Q 2023). Net income: JP¥1.74b (up 227% from 1Q 2023). Profit margin: 3.0% (up from 1.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥4,025, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 372% over the past three years.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,935, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 547% over the past three years.
お知らせ • Sep 04Abalance Corporation to Report Q1, 2024 Results on Nov 14, 2023Abalance Corporation announced that they will report Q1, 2024 results on Nov 14, 2023
Buying Opportunity • Aug 31Now 27% undervalued after recent price dropOver the last 90 days, the stock is down 60%. The fair value is estimated to be JP¥5,598, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 93% over the last 3 years. Earnings per share has grown by 87%. Revenue is forecast to grow by 61% in 2 years. Earnings is forecast to grow by 84% in the next 2 years.
Reported Earnings • Aug 20Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥322 (up from JP¥52.77 in FY 2022). Revenue: JP¥217.4b (up 135% from FY 2022). Net income: JP¥5.45b (up JP¥4.58b from FY 2022). Profit margin: 2.5% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) exceeded analyst estimates by 7.0%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 198% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥7,280, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 2,529% over the past three years.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥8,830, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 2,786% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥3.00 per share at 0.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 2.4% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥9,890, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 5,038% over the past three years.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥10,300, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 4,960% over the past three years.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥7,990, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,044% over the past three years.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥9,310, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,987% over the past three years.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥7,440, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,379% over the past three years.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥6,250, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 3,072% over the past three years.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,515, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 1,861% over the past three years.
Reported Earnings • Feb 16Second quarter 2023 earnings released: EPS: JP¥105 (vs JP¥3.16 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥105 (up from JP¥3.16 loss in 2Q 2022). Revenue: JP¥56.3b (up 234% from 2Q 2022). Net income: JP¥1.74b (up JP¥1.79b from 2Q 2022). Profit margin: 3.1% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 157% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 13Abalance Corporation announced that it has received ¥1.3995912 billion in funding from Oasis Management Company Ltd., Catalyst Investment Group Co.,Ltd., Meiji Machine Co., Ltd., Aioi Nissay Dowa Insurance Co., Ltd., Ocean Links Ltd.On January 12, 2023, Abalance Corporation, closed the transaction. The transaction included participation from Oasis Investments II Master Fund Ltd. for 227,000 shares, Catalyst Investment Group Co.,Ltd. for 181,600 shares, Meiji Machine Co., Ltd. for 136,200 shares, Aioi Nissay Dowa Insurance Co., Ltd. for 45,400 shares, Ocean Links Ltd. for 45,400 shares.
お知らせ • Dec 28Abalance Corporation announced that it expects to receive ¥1.3995912 billion in funding from Oasis Management Company Ltd., Catalyst Investment Group Co.,Ltd., Meiji Machine Co., Ltd., Aioi Nissay Dowa Insurance Co., Ltd., Ocean Links Ltd.Abalance Corporation announced a private placement of 635,600 shares at a price of ¥2,202 per share for gross proceeds of ¥1,399,591,200 on December 26, 2022. The transaction will include participation from Oasis Investments II Master Fund Ltd., a fund managed by Oasis Management Company Ltd. for 227,000 shares; Catalyst Investment Group Co.,Ltd. for 181,600 shares; Meiji Machine Co., Ltd. for 136,200 shares; Aioi Nissay Dowa Insurance Co., Ltd. for 45,400 shares, and Ocean Links Ltd. for 45,400 shares.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥2.30 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 15 March 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.1%).
お知らせ • Dec 02Abalance Corporation to Report Q2, 2023 Results on Feb 14, 2023Abalance Corporation announced that they will report Q2, 2023 results on Feb 14, 2023
Reported Earnings • Nov 16First quarter 2023 earnings released: EPS: JP¥31.95 (vs JP¥53.28 in 1Q 2022)First quarter 2023 results: EPS: JP¥31.95 (down from JP¥53.28 in 1Q 2022). Revenue: JP¥55.7b (up 468% from 1Q 2022). Net income: JP¥531.0m (down 38% from 1Q 2022). Profit margin: 1.0% (down from 8.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 154% per year, which means it is tracking significantly ahead of earnings growth.
