TESEC（6337）株式概要株式会社テセックは、半導体試験装置の設計・開発・製造・販売を国内外で行っています。 詳細6337 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長4/6過去の実績4/6財務の健全性5/6配当金4/6報酬収益は年間27.12%増加すると予測されています 過去1年間で収益は8.4%増加しました リスク分析意味のある時価総額がありません ( ¥13B )4.15%の配当は利益で十分にカバーされていない 財務結果に影響を与える大きな一時的項目 JP市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る6337 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¥2.41k36.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-470m11b2016201920222025202620282031Revenue JP¥11.4bEarnings JP¥945.0mAdvancedSet Fair ValueView all narrativesTESEC Corporation 競合他社Naigai TecSymbol: TSE:3374Market cap: JP¥10.3bIshii HyokiSymbol: TSE:6336Market cap: JP¥8.7bInter ActionSymbol: TSE:7725Market cap: JP¥19.2bNPCSymbol: TSE:6255Market cap: JP¥15.7b価格と性能株価の高値、安値、推移の概要TESEC過去の株価現在の株価JP¥2,408.0052週高値JP¥3,265.0052週安値JP¥1,566.00ベータ1.291ヶ月の変化-12.75%3ヶ月変化-14.85%1年変化53.28%3年間の変化-4.67%5年間の変化-14.40%IPOからの変化-66.79%最新ニュース分析記事 • 5hWe Think You Should Be Aware Of Some Concerning Factors In TESEC's (TSE:6337) EarningsTESEC Corporation's ( TSE:6337 ) stock didn't jump after it announced some healthy earnings. We did some digging and...Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥2,427, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 13% over the past three years.Reported Earnings • May 13Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥86.47 (up from JP¥77.17 in FY 2025). Revenue: JP¥5.57b (down 5.5% from FY 2025). Net income: JP¥463.0m (up 8.4% from FY 2025). Profit margin: 8.3% (up from 7.2% in FY 2025). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 8.0%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • May 12TESEC Corporation, Annual General Meeting, Jun 26, 2026TESEC Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • May 10TESEC Corporation to Report Fiscal Year 2026 Results on May 12, 2026TESEC Corporation announced that they will report fiscal year 2026 results on May 12, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.0%).最新情報をもっと見るRecent updates分析記事 • 5hWe Think You Should Be Aware Of Some Concerning Factors In TESEC's (TSE:6337) EarningsTESEC Corporation's ( TSE:6337 ) stock didn't jump after it announced some healthy earnings. We did some digging and...Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥2,427, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 13% over the past three years.Reported Earnings • May 13Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥86.47 (up from JP¥77.17 in FY 2025). Revenue: JP¥5.57b (down 5.5% from FY 2025). Net income: JP¥463.0m (up 8.4% from FY 2025). Profit margin: 8.3% (up from 7.2% in FY 2025). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 8.0%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • May 12TESEC Corporation, Annual General Meeting, Jun 26, 2026TESEC Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • May 10TESEC Corporation to Report Fiscal Year 2026 Results on May 12, 2026TESEC Corporation announced that they will report fiscal year 2026 results on May 12, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.0%).分析記事 • Jan 28TESEC Corporation's (TSE:6337) P/E Is Still On The Mark Following 33% Share Price BounceThe TESEC Corporation ( TSE:6337 ) share price has done very well over the last month, posting an excellent gain of...Reported Earnings • Jan 28Third quarter 2026 earnings released: EPS: JP¥13.73 (vs JP¥52.34 in 3Q 2025)Third quarter 2026 results: EPS: JP¥13.73 (down from JP¥52.34 in 3Q 2025). Revenue: JP¥1.37b (down 18% from 3Q 2025). Net income: JP¥73.0m (down 75% from 3Q 2025). Profit margin: 5.3% (down from 18% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% 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 fallen by 60% 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 • Jan 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥2,775, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 15% over the past three years.お知らせ • Jan 27TESEC Corporation (TSE:6337) announces an Equity Buyback for 160,000 shares, representing 3.01% for ¥300 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 160,000 shares, representing 3.01% of its issued share capital, for ¥300 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency and to conduct agile management in response to changes in the business environment, The program is valid till March 31, 2026. As of December 31, 2025, there are 5,317,153 outstanding shares (excluding treasury stock) and 261,542 treasury shares.お知らせ • Nov 29TESEC Corporation to Report Q3, 2026 Results on Jan 27, 2026TESEC Corporation announced that they will report Q3, 2026 results on Jan 27, 2026分析記事 • Nov 19TESEC's (TSE:6337) Soft Earnings Don't Show The Whole PictureTESEC Corporation's ( TSE:6337 ) recent soft profit numbers didn't appear to worry shareholders, as the stock price...Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥37.11 (vs JP¥8.49 in 2Q 2025)Second quarter 2026 results: EPS: JP¥37.11 (up from JP¥8.49 in 2Q 2025). Revenue: JP¥1.56b (up 19% from 2Q 2025). Net income: JP¥200.0m (up 326% from 2Q 2025). Profit margin: 13% (up from 3.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.分析記事 • Oct 29Is TESEC (TSE:6337) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Sep 11With TESEC Corporation (TSE:6337) It Looks Like You'll Get What You Pay ForWith a price-to-earnings (or "P/E") ratio of 30.8x TESEC Corporation ( TSE:6337 ) may be sending very bearish signals...お知らせ • Sep 02TESEC Corporation to Report Q2, 2026 Results on Oct 28, 2025TESEC Corporation announced that they will report Q2, 2026 results on Oct 28, 2025Reported Earnings • Jul 30First quarter 2026 earnings released: EPS: JP¥2.57 (vs JP¥14.83 in 1Q 2025)First quarter 2026 results: EPS: JP¥2.57 (down from JP¥14.83 in 1Q 2025). Revenue: JP¥1.07b (down 17% from 1Q 2025). Net income: JP¥14.0m (down 83% from 1Q 2025). Profit margin: 1.3% (down from 6.3% in 1Q 2025). 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 fallen by 44% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Jun 05TESEC Corporation to Report Q1, 2026 Results on Jul 29, 2025TESEC Corporation announced that they will report Q1, 2026 results on Jul 29, 2025分析記事 • May 20TESEC's (TSE:6337) Anemic Earnings Might Be Worse Than You ThinkThe market shrugged off TESEC Corporation's ( TSE:6337 ) weak earnings report last week. Our analysis suggests that...Reported Earnings • May 15Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥77.17 (down from JP¥272 in FY 2024). Revenue: JP¥5.89b (down 32% from FY 2024). Net income: JP¥427.0m (down 72% from FY 2024). Profit margin: 7.2% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 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 fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.分析記事 • May 15TESEC (TSE:6337) Is Doing The Right Things To Multiply Its Share PriceThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...分析記事 • May 15TESEC Corporation's (TSE:6337) Shares Bounce 26% But Its Business Still Trails The MarketTESEC Corporation ( TSE:6337 ) shareholders would be excited to see that the share price has had a great month, posting...お知らせ • May 14TESEC Corporation (TSE:6337) announces an Equity Buyback for 250,000 shares, representing 4.56% for ¥300 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 4.56% of its issued share capital, for ¥300 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program is valid till October 24, 2025. As of March 31, 2025, there are 5,477,553 outstanding shares (excluding treasury stock) and 301,142 treasury shares.New Risk • May 14New 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (JP¥9.14b market cap, or US$62.6m).Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,645, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 2.1% over the past three years.お知らせ • May 13TESEC Corporation, Annual General Meeting, Jun 27, 2025TESEC Corporation, Annual General Meeting, Jun 27, 2025.分析記事 • Apr 15Is TESEC (TSE:6337) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Apr 07New 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥6.55b market cap, or US$44.8m).Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,306, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total loss to shareholders of 18% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).お知らせ • Mar 15TESEC Corporation to Report Fiscal Year 2025 Results on May 13, 2025TESEC Corporation announced that they will report fiscal year 2025 results on May 13, 2025お知らせ • Feb 25TESEC Corporation (TSE:6337) announces an Equity Buyback for 80,000 shares, representing 1.44% for ¥100 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 1.44% of its issued share capital, for ¥100 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, and carry out flexible management that responds to changes in the corporate environment. The program is valid till March 31, 2025. As of September 30, 2024, the company had 5,539,353 issued shares (excluding treasury stock) and 239,342 shares in treasury.Reported Earnings • Jan 29Third quarter 2025 earnings released: EPS: JP¥52.34 (vs JP¥52.14 in 3Q 2024)Third quarter 2025 results: EPS: JP¥52.34. Revenue: JP¥1.66b (down 24% from 3Q 2024). Net income: JP¥290.0m (flat on 3Q 2024). Profit margin: 18% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Semiconductor industry in Japan.お知らせ • Dec 11TESEC Corporation to Report Q3, 2025 Results on Jan 28, 2025TESEC Corporation announced that they will report Q3, 2025 results on Jan 28, 2025New Risk • Nov 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (JP¥8.56b market cap, or US$56.0m).Reported Earnings • Oct 31Second quarter 2025 earnings released: EPS: JP¥8.49 (vs JP¥44.76 in 2Q 2024)Second quarter 2025 results: EPS: JP¥8.49 (down from JP¥44.76 in 2Q 2024). Revenue: JP¥1.31b (down 26% from 2Q 2024). Net income: JP¥47.0m (down 81% from 2Q 2024). Profit margin: 3.6% (down from 14% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% 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 fallen by 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.分析記事 • Oct 30Should You Think About Buying TESEC Corporation (TSE:6337) Now?While TESEC Corporation ( TSE:6337 ) might not have the largest market cap around , it saw a decent share price growth...お知らせ • Sep 20TESEC Corporation to Report Q2, 2025 Results on Oct 29, 2024TESEC Corporation announced that they will report Q2, 2025 results on Oct 29, 2024Reported Earnings • Aug 01First quarter 2025 earnings released: EPS: JP¥14.83 (vs JP¥90.83 in 1Q 2024)First quarter 2025 results: EPS: JP¥14.83 (down from JP¥90.83 in 1Q 2024). Revenue: JP¥1.29b (down 49% from 1Q 2024). Net income: JP¥82.0m (down 84% from 1Q 2024). Profit margin: 6.3% (down from 20% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% 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 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.分析記事 • Aug 01The Market Doesn't Like What It Sees From TESEC Corporation's (TSE:6337) Earnings Yet As Shares Tumble 27%TESEC Corporation ( TSE:6337 ) shareholders won't be pleased to see that the share price has had a very rough month...New Risk • Jul 31New 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 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change). Profit margins are more than 30% lower than last year (18% net profit margin). Market cap is less than US$100m (JP¥9.63b market cap, or US$64.0m).Valuation Update With 7 Day Price Move • Jul 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,741, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total loss to shareholders of 24% over the past three years.お知らせ • Jun 20TESEC Corporation to Report Q1, 2025 Results on Jul 30, 2024TESEC Corporation announced that they will report Q1, 2025 results on Jul 30, 2024New Risk • May 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 18% Last year net profit margin: 26% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (18% net profit margin). Market cap is less than US$100m (JP¥12.0b market cap, or US$76.8m).Reported Earnings • May 19Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥272 (down from JP¥400 in FY 2023). Revenue: JP¥8.62b (down 1.4% from FY 2023). Net income: JP¥1.52b (down 33% from FY 2023). Profit margin: 18% (down from 26% in FY 2023). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 7.9% 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 37% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • May 17TESEC Corporation, Annual General Meeting, Jun 27, 2024TESEC Corporation, Annual General Meeting, Jun 27, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.9%).New Risk • Mar 11New 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥12.8b market cap, or US$87.6m).お知らせ • Mar 02TESEC Corporation to Report Fiscal Year 2024 Results on May 14, 2024TESEC Corporation announced that they will report fiscal year 2024 results on May 14, 2024Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥52.14 (vs JP¥59.79 in 3Q 2023)Third quarter 2024 results: EPS: JP¥52.14 (down from JP¥59.79 in 3Q 2023). Revenue: JP¥2.19b (down 2.4% from 3Q 2023). Net income: JP¥291.0m (down 14% from 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). Revenue is forecast to grow 5.4% 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 57% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.New Risk • Jan 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (20% net profit margin). Market cap is less than US$100m (JP¥13.9b market cap, or US$94.0m).お知らせ • Dec 10TESEC Corporation to Report Q3, 2024 Results on Jan 30, 2024TESEC Corporation announced that they will report Q3, 2024 results on Jan 30, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥44.75 (vs JP¥151 in 2Q 2023)Second quarter 2024 results: EPS: JP¥44.75 (down from JP¥151 in 2Q 2023). Revenue: JP¥1.77b (down 36% from 2Q 2023). Net income: JP¥250.0m (down 71% from 2Q 2023). Profit margin: 14% (down from 31% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥2,216, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 231% over the past three years.New Risk • Oct 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$98.0m) 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥14.7b market cap, or US$98.0m).お知らせ • Sep 30TESEC Corporation to Report Q2, 2024 Results on Oct 31, 2023TESEC Corporation announced that they will report Q2, 2024 results on Oct 31, 2023Buying Opportunity • Aug 16Now 21% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be JP¥3,850, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to decline by 21% in the next 2 years.New Risk • Jul 27New 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 8.3% 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 (8.3% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Jul 26First quarter 2024 earnings released: EPS: JP¥90.81 (vs JP¥82.51 in 1Q 2023)First quarter 2024 results: EPS: JP¥90.81 (up from JP¥82.51 in 1Q 2023). Revenue: JP¥2.51b (up 55% from 1Q 2023). Net income: JP¥507.0m (up 8.8% from 1Q 2023). Profit margin: 20% (down from 29% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 02TESEC Corporation to Report Q1, 2024 Results on Jul 25, 2023TESEC Corporation announced that they will report Q1, 2024 results on Jul 25, 2023Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,476, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Semiconductor industry in Japan. Total returns to shareholders of 200% over the past three years.Reported Earnings • May 10Full year 2023 earnings: EPS in line with expectations, revenues disappointFull year 2023 results: EPS: JP¥400 (up from JP¥305 in FY 2022). Revenue: JP¥8.74b (up 16% from FY 2022). Net income: JP¥2.26b (up 31% from FY 2022). Profit margin: 26% (up from 23% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per share at 2.6% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥59.78 (vs JP¥73.83 in 3Q 2022)Third quarter 2023 results: EPS: JP¥59.78 (down from JP¥73.83 in 3Q 2022). Revenue: JP¥2.24b (up 27% from 3Q 2022). Net income: JP¥338.0m (down 19% from 3Q 2022). Profit margin: 15% (down from 24% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% 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 103% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥2,837, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Semiconductor industry in Japan. Total returns to shareholders of 129% over the past three years.お知らせ • Nov 30TESEC Corporation to Report Q3, 2023 Results on Jan 31, 2023TESEC Corporation announced that they will report Q3, 2023 results on Jan 31, 2023お知らせ • Nov 16TESEC Corporation (TSE:6337) announces an Equity Buyback for 150,000 shares, representing 2.65% for ¥230 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.65% of its issued share capital, for total worth of ¥230 million worth of its shares. The purpose of the program is to implement a flexible capital policy that responds to changes in the corporate environment. The program is valid till March 31, 2023. As of September 30, 2022, the company has 5,659,795 shares in issue and 118,900 shares in treasury.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥151 (vs JP¥54.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥151 (up from JP¥54.89 in 2Q 2022). Revenue: JP¥2.75b (up 62% from 2Q 2022). Net income: JP¥855.0m (up 176% from 2Q 2022). Profit margin: 31% (up from 18% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16No independent directorsThere 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. 4 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Director Koichi Watanabe was the last director to join the board, commencing their role in 2021. 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 • Oct 27Second quarter 2023 earnings released: EPS: JP¥151 (vs JP¥54.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥151 (up from JP¥54.89 in 2Q 2022). Revenue: JP¥2.75b (up 62% from 2Q 2022). Net income: JP¥855.0m (up 176% from 2Q 2022). Profit margin: 31% (up from 18% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improved over the past weekAfter last week's 29% share price gain to JP¥2,120, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Semiconductor industry in Japan. Total returns to shareholders of 99% over the past three years.お知らせ • Aug 31TESEC Corporation to Report Q2, 2023 Results on Oct 25, 2022TESEC Corporation announced that they will report Q2, 2023 results on Oct 25, 2022Valuation Update With 7 Day Price Move • Aug 02Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to JP¥1,772, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Semiconductor industry in Japan. Total returns to shareholders of 92% over the past three years.Reported Earnings • Jul 27First quarter 2023 earnings released: EPS: JP¥82.50 (vs JP¥63.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥82.50 (up from JP¥63.56 in 1Q 2022). Revenue: JP¥1.62b (down 12% from 1Q 2022). Net income: JP¥466.0m (up 30% from 1Q 2022). Profit margin: 29% (up from 20% in 1Q 2022). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 23%, compared to a 26% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 05TESEC Corporation to Report Q1, 2023 Results on Jul 26, 2022TESEC Corporation announced that they will report Q1, 2023 results on Jul 26, 2022お知らせ • May 12TESEC Corporation, Annual General Meeting, Jun 29, 2022TESEC Corporation, Annual General Meeting, Jun 29, 2022.Reported Earnings • May 11Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥305 (up from JP¥51.35 loss in FY 2021). Revenue: JP¥7.51b (up 118% from FY 2021). Net income: JP¥1.72b (up JP¥2.01b from FY 2021). Profit margin: 23% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is forecast to grow 13%, compared to a 22% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year.Board Change • Apr 27No independent directorsThere 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. 2 highly experienced directors. No independent directors (8 non-independent directors). Director Koichi Watanabe was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Apr 08TESEC Corporation to Report Fiscal Year 2022 Results on May 10, 2022TESEC Corporation announced that they will report fiscal year 2022 results on May 10, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.9%).Reported Earnings • Jan 26Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥73.82 (up from JP¥4.43 loss in 3Q 2021). Revenue: JP¥1.77b (up 93% from 3Q 2021). Net income: JP¥417.0m (up JP¥442.0m from 3Q 2021). Profit margin: 24% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Reported Earnings • Oct 27Second quarter 2022 earnings released: EPS JP¥54.88 (vs JP¥30.28 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.70b (up 71% from 2Q 2021). Net income: JP¥310.0m (up JP¥481.0m from 2Q 2021). Profit margin: 18% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,778, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 100% over the past three years.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥2,676, the stock trades at a trailing P/E ratio of 50.7x. Average trailing P/E is 23x in the Semiconductor industry in Japan. Total returns to shareholders of 73% over the past three years.Reported Earnings • Jul 28First quarter 2022 earnings released: EPS JP¥63.56 (vs JP¥40.55 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥1.83b (up 362% from 1Q 2021). Net income: JP¥359.0m (up JP¥588.0m from 1Q 2021). Profit margin: 20% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.Reported Earnings • May 14Full year 2021 earnings released: JP¥51.34 loss per share (vs JP¥29.75 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥3.45b (down 17% from FY 2020). Net loss: JP¥290.0m (loss widened 73% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 10 June 2021. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.4%).Is New 90 Day High Low • Feb 12New 90-day high: JP¥1,339The company is up 82% from its price of JP¥734 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 32% over the same period.Reported Earnings • Jan 28Third quarter 2021 earnings released: JP¥4.43 loss per share (vs JP¥9.74 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥916.0m (down 3.3% from 3Q 2020). Net loss: JP¥25.0m (loss narrowed 55% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 90% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.分析記事 • Jan 26Do Investors Have Good Reason To Be Wary Of TESEC Corporation's (TYO:6337) 0.8% Dividend Yield?Could TESEC Corporation ( TYO:6337 ) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Jan 08New 90-day high: JP¥988The company is up 28% from its price of JP¥773 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 34% over the same period.分析記事 • Dec 03Introducing TESEC (TYO:6337), A Stock That Climbed 60% In The Last Five YearsWhen we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make...Is New 90 Day High Low • Dec 02New 90-day high: JP¥931The company is up 32% from its price of JP¥707 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 34% over the same period.Reported Earnings • Nov 12Second quarter 2021 earnings released: JP¥30.28 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥996.0m (down 8.5% from 2Q 2020). Net loss: JP¥171.0m (down 221% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 68% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 28First half earnings releasedOver the last 12 months the company has reported total losses of JP¥629.0m, with earnings decreasing by JP¥965.1m from the prior year. Total revenue was JP¥3.48b over the last 12 months, down 38% from the prior year.株主還元6337JP SemiconductorJP 市場7D-9.2%-0.1%-0.5%1Y53.3%240.8%41.3%株主還元を見る業界別リターン: 6337過去 1 年間で240.8 % 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: 6337過去 1 年間で41.3 % の収益を上げたJP市場を上回りました。価格変動Is 6337's price volatile compared to industry and market?6337 volatility6337 Average Weekly Movement9.1%Semiconductor Industry Average Movement9.6%Market Average Movement5.0%10% most volatile stocks in JP Market9.7%10% least volatile stocks in JP Market2.5%安定した株価: 6337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: 6337の weekly volatility ( 9% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1969214Kenji Tanakawww.tesec.co.jp株式会社テセックは、半導体試験装置の設計・開発・製造・販売を国内外で行っています。プローバ一体型、パワーデバイス、IPD/IPM、ダイナミックテストシステム、熱抵抗、誘導負荷試験機など各種テストシステムを提供。また、マイクロエレクトロメカニカルシステム、フィルムフレームテスト、グラビティ、MEMS、TABハンドラー、ダイソーターなどの各種ハンドラーを提供している。さらに、テスターの校正、オーバーホール、トレーニングサービス、スペアパーツ、保証、メンテナンス、再販サービスなどのアフターサービスも提供している。同社は以前はTES Corporationとして知られ、1980年にTESEC Corporationに社名を変更した。株式会社テセックは1969年に設立され、東京に本社を置く。もっと見るTESEC Corporation 基礎のまとめTESEC の収益と売上を時価総額と比較するとどうか。6337 基礎統計学時価総額JP¥12.80b収益（TTM）JP¥463.00m売上高(TTM)JP¥5.57b27.7xPER（株価収益率2.3xP/Sレシオ6337 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6337 損益計算書（TTM）収益JP¥5.57b売上原価JP¥3.40b売上総利益JP¥2.17bその他の費用JP¥1.70b収益JP¥463.00m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）87.08グロス・マージン38.93%純利益率8.32%有利子負債／自己資本比率1.8%6337 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4.2%現在の配当利回り129%配当性向6337 配当は確実ですか？6337 配当履歴とベンチマークを見る6337 、いつまでに購入すれば配当金を受け取れますか？TESEC 配当日配当落ち日Mar 30 2026配当支払日Jun 09 2026配当落ちまでの日数53 days配当支払日までの日数18 days6337 配当は確実ですか？6337 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 04:40終値2026/05/21 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋TESEC Corporation 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。1 アナリスト機関Mitsuhiro OsawaIchiyoshi Research Institute Inc.
分析記事 • 5hWe Think You Should Be Aware Of Some Concerning Factors In TESEC's (TSE:6337) EarningsTESEC Corporation's ( TSE:6337 ) stock didn't jump after it announced some healthy earnings. We did some digging and...
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥2,427, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 13% over the past three years.
Reported Earnings • May 13Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥86.47 (up from JP¥77.17 in FY 2025). Revenue: JP¥5.57b (down 5.5% from FY 2025). Net income: JP¥463.0m (up 8.4% from FY 2025). Profit margin: 8.3% (up from 7.2% in FY 2025). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 8.0%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • May 12TESEC Corporation, Annual General Meeting, Jun 26, 2026TESEC Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • May 10TESEC Corporation to Report Fiscal Year 2026 Results on May 12, 2026TESEC Corporation announced that they will report fiscal year 2026 results on May 12, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.0%).
分析記事 • 5hWe Think You Should Be Aware Of Some Concerning Factors In TESEC's (TSE:6337) EarningsTESEC Corporation's ( TSE:6337 ) stock didn't jump after it announced some healthy earnings. We did some digging and...
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥2,427, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 13% over the past three years.
Reported Earnings • May 13Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥86.47 (up from JP¥77.17 in FY 2025). Revenue: JP¥5.57b (down 5.5% from FY 2025). Net income: JP¥463.0m (up 8.4% from FY 2025). Profit margin: 8.3% (up from 7.2% in FY 2025). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 8.0%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • May 12TESEC Corporation, Annual General Meeting, Jun 26, 2026TESEC Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • May 10TESEC Corporation to Report Fiscal Year 2026 Results on May 12, 2026TESEC Corporation announced that they will report fiscal year 2026 results on May 12, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.0%).
分析記事 • Jan 28TESEC Corporation's (TSE:6337) P/E Is Still On The Mark Following 33% Share Price BounceThe TESEC Corporation ( TSE:6337 ) share price has done very well over the last month, posting an excellent gain of...
Reported Earnings • Jan 28Third quarter 2026 earnings released: EPS: JP¥13.73 (vs JP¥52.34 in 3Q 2025)Third quarter 2026 results: EPS: JP¥13.73 (down from JP¥52.34 in 3Q 2025). Revenue: JP¥1.37b (down 18% from 3Q 2025). Net income: JP¥73.0m (down 75% from 3Q 2025). Profit margin: 5.3% (down from 18% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% 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 fallen by 60% 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 • Jan 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥2,775, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 15% over the past three years.
お知らせ • Jan 27TESEC Corporation (TSE:6337) announces an Equity Buyback for 160,000 shares, representing 3.01% for ¥300 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 160,000 shares, representing 3.01% of its issued share capital, for ¥300 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency and to conduct agile management in response to changes in the business environment, The program is valid till March 31, 2026. As of December 31, 2025, there are 5,317,153 outstanding shares (excluding treasury stock) and 261,542 treasury shares.
お知らせ • Nov 29TESEC Corporation to Report Q3, 2026 Results on Jan 27, 2026TESEC Corporation announced that they will report Q3, 2026 results on Jan 27, 2026
分析記事 • Nov 19TESEC's (TSE:6337) Soft Earnings Don't Show The Whole PictureTESEC Corporation's ( TSE:6337 ) recent soft profit numbers didn't appear to worry shareholders, as the stock price...
Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥37.11 (vs JP¥8.49 in 2Q 2025)Second quarter 2026 results: EPS: JP¥37.11 (up from JP¥8.49 in 2Q 2025). Revenue: JP¥1.56b (up 19% from 2Q 2025). Net income: JP¥200.0m (up 326% from 2Q 2025). Profit margin: 13% (up from 3.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
分析記事 • Oct 29Is TESEC (TSE:6337) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Sep 11With TESEC Corporation (TSE:6337) It Looks Like You'll Get What You Pay ForWith a price-to-earnings (or "P/E") ratio of 30.8x TESEC Corporation ( TSE:6337 ) may be sending very bearish signals...
お知らせ • Sep 02TESEC Corporation to Report Q2, 2026 Results on Oct 28, 2025TESEC Corporation announced that they will report Q2, 2026 results on Oct 28, 2025
Reported Earnings • Jul 30First quarter 2026 earnings released: EPS: JP¥2.57 (vs JP¥14.83 in 1Q 2025)First quarter 2026 results: EPS: JP¥2.57 (down from JP¥14.83 in 1Q 2025). Revenue: JP¥1.07b (down 17% from 1Q 2025). Net income: JP¥14.0m (down 83% from 1Q 2025). Profit margin: 1.3% (down from 6.3% in 1Q 2025). 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 fallen by 44% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 05TESEC Corporation to Report Q1, 2026 Results on Jul 29, 2025TESEC Corporation announced that they will report Q1, 2026 results on Jul 29, 2025
分析記事 • May 20TESEC's (TSE:6337) Anemic Earnings Might Be Worse Than You ThinkThe market shrugged off TESEC Corporation's ( TSE:6337 ) weak earnings report last week. Our analysis suggests that...
Reported Earnings • May 15Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥77.17 (down from JP¥272 in FY 2024). Revenue: JP¥5.89b (down 32% from FY 2024). Net income: JP¥427.0m (down 72% from FY 2024). Profit margin: 7.2% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 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 fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
分析記事 • May 15TESEC (TSE:6337) Is Doing The Right Things To Multiply Its Share PriceThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
分析記事 • May 15TESEC Corporation's (TSE:6337) Shares Bounce 26% But Its Business Still Trails The MarketTESEC Corporation ( TSE:6337 ) shareholders would be excited to see that the share price has had a great month, posting...
お知らせ • May 14TESEC Corporation (TSE:6337) announces an Equity Buyback for 250,000 shares, representing 4.56% for ¥300 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 4.56% of its issued share capital, for ¥300 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program is valid till October 24, 2025. As of March 31, 2025, there are 5,477,553 outstanding shares (excluding treasury stock) and 301,142 treasury shares.
New Risk • May 14New 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (JP¥9.14b market cap, or US$62.6m).
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,645, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 2.1% over the past three years.
お知らせ • May 13TESEC Corporation, Annual General Meeting, Jun 27, 2025TESEC Corporation, Annual General Meeting, Jun 27, 2025.
分析記事 • Apr 15Is TESEC (TSE:6337) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Apr 07New 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥6.55b market cap, or US$44.8m).
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,306, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total loss to shareholders of 18% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).
お知らせ • Mar 15TESEC Corporation to Report Fiscal Year 2025 Results on May 13, 2025TESEC Corporation announced that they will report fiscal year 2025 results on May 13, 2025
お知らせ • Feb 25TESEC Corporation (TSE:6337) announces an Equity Buyback for 80,000 shares, representing 1.44% for ¥100 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 1.44% of its issued share capital, for ¥100 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, and carry out flexible management that responds to changes in the corporate environment. The program is valid till March 31, 2025. As of September 30, 2024, the company had 5,539,353 issued shares (excluding treasury stock) and 239,342 shares in treasury.
Reported Earnings • Jan 29Third quarter 2025 earnings released: EPS: JP¥52.34 (vs JP¥52.14 in 3Q 2024)Third quarter 2025 results: EPS: JP¥52.34. Revenue: JP¥1.66b (down 24% from 3Q 2024). Net income: JP¥290.0m (flat on 3Q 2024). Profit margin: 18% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Semiconductor industry in Japan.
お知らせ • Dec 11TESEC Corporation to Report Q3, 2025 Results on Jan 28, 2025TESEC Corporation announced that they will report Q3, 2025 results on Jan 28, 2025
New Risk • Nov 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (JP¥8.56b market cap, or US$56.0m).
Reported Earnings • Oct 31Second quarter 2025 earnings released: EPS: JP¥8.49 (vs JP¥44.76 in 2Q 2024)Second quarter 2025 results: EPS: JP¥8.49 (down from JP¥44.76 in 2Q 2024). Revenue: JP¥1.31b (down 26% from 2Q 2024). Net income: JP¥47.0m (down 81% from 2Q 2024). Profit margin: 3.6% (down from 14% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% 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 fallen by 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
分析記事 • Oct 30Should You Think About Buying TESEC Corporation (TSE:6337) Now?While TESEC Corporation ( TSE:6337 ) might not have the largest market cap around , it saw a decent share price growth...
お知らせ • Sep 20TESEC Corporation to Report Q2, 2025 Results on Oct 29, 2024TESEC Corporation announced that they will report Q2, 2025 results on Oct 29, 2024
Reported Earnings • Aug 01First quarter 2025 earnings released: EPS: JP¥14.83 (vs JP¥90.83 in 1Q 2024)First quarter 2025 results: EPS: JP¥14.83 (down from JP¥90.83 in 1Q 2024). Revenue: JP¥1.29b (down 49% from 1Q 2024). Net income: JP¥82.0m (down 84% from 1Q 2024). Profit margin: 6.3% (down from 20% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% 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 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
分析記事 • Aug 01The Market Doesn't Like What It Sees From TESEC Corporation's (TSE:6337) Earnings Yet As Shares Tumble 27%TESEC Corporation ( TSE:6337 ) shareholders won't be pleased to see that the share price has had a very rough month...
New Risk • Jul 31New 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 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change). Profit margins are more than 30% lower than last year (18% net profit margin). Market cap is less than US$100m (JP¥9.63b market cap, or US$64.0m).
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,741, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total loss to shareholders of 24% over the past three years.
お知らせ • Jun 20TESEC Corporation to Report Q1, 2025 Results on Jul 30, 2024TESEC Corporation announced that they will report Q1, 2025 results on Jul 30, 2024
New Risk • May 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 18% Last year net profit margin: 26% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (18% net profit margin). Market cap is less than US$100m (JP¥12.0b market cap, or US$76.8m).
Reported Earnings • May 19Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥272 (down from JP¥400 in FY 2023). Revenue: JP¥8.62b (down 1.4% from FY 2023). Net income: JP¥1.52b (down 33% from FY 2023). Profit margin: 18% (down from 26% in FY 2023). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 7.9% 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 37% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • May 17TESEC Corporation, Annual General Meeting, Jun 27, 2024TESEC Corporation, Annual General Meeting, Jun 27, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.9%).
New Risk • Mar 11New 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥12.8b market cap, or US$87.6m).
お知らせ • Mar 02TESEC Corporation to Report Fiscal Year 2024 Results on May 14, 2024TESEC Corporation announced that they will report fiscal year 2024 results on May 14, 2024
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥52.14 (vs JP¥59.79 in 3Q 2023)Third quarter 2024 results: EPS: JP¥52.14 (down from JP¥59.79 in 3Q 2023). Revenue: JP¥2.19b (down 2.4% from 3Q 2023). Net income: JP¥291.0m (down 14% from 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). Revenue is forecast to grow 5.4% 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 57% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
New Risk • Jan 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% per year for the foreseeable future. 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 profits are expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (20% net profit margin). Market cap is less than US$100m (JP¥13.9b market cap, or US$94.0m).
お知らせ • Dec 10TESEC Corporation to Report Q3, 2024 Results on Jan 30, 2024TESEC Corporation announced that they will report Q3, 2024 results on Jan 30, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥44.75 (vs JP¥151 in 2Q 2023)Second quarter 2024 results: EPS: JP¥44.75 (down from JP¥151 in 2Q 2023). Revenue: JP¥1.77b (down 36% from 2Q 2023). Net income: JP¥250.0m (down 71% from 2Q 2023). Profit margin: 14% (down from 31% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥2,216, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Semiconductor industry in Japan. Total returns to shareholders of 231% over the past three years.
New Risk • Oct 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$98.0m) 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥14.7b market cap, or US$98.0m).
お知らせ • Sep 30TESEC Corporation to Report Q2, 2024 Results on Oct 31, 2023TESEC Corporation announced that they will report Q2, 2024 results on Oct 31, 2023
Buying Opportunity • Aug 16Now 21% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be JP¥3,850, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to decline by 21% in the next 2 years.
New Risk • Jul 27New 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 8.3% 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 (8.3% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Jul 26First quarter 2024 earnings released: EPS: JP¥90.81 (vs JP¥82.51 in 1Q 2023)First quarter 2024 results: EPS: JP¥90.81 (up from JP¥82.51 in 1Q 2023). Revenue: JP¥2.51b (up 55% from 1Q 2023). Net income: JP¥507.0m (up 8.8% from 1Q 2023). Profit margin: 20% (down from 29% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 02TESEC Corporation to Report Q1, 2024 Results on Jul 25, 2023TESEC Corporation announced that they will report Q1, 2024 results on Jul 25, 2023
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,476, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Semiconductor industry in Japan. Total returns to shareholders of 200% over the past three years.
Reported Earnings • May 10Full year 2023 earnings: EPS in line with expectations, revenues disappointFull year 2023 results: EPS: JP¥400 (up from JP¥305 in FY 2022). Revenue: JP¥8.74b (up 16% from FY 2022). Net income: JP¥2.26b (up 31% from FY 2022). Profit margin: 26% (up from 23% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per share at 2.6% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥59.78 (vs JP¥73.83 in 3Q 2022)Third quarter 2023 results: EPS: JP¥59.78 (down from JP¥73.83 in 3Q 2022). Revenue: JP¥2.24b (up 27% from 3Q 2022). Net income: JP¥338.0m (down 19% from 3Q 2022). Profit margin: 15% (down from 24% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% 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 103% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥2,837, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Semiconductor industry in Japan. Total returns to shareholders of 129% over the past three years.
お知らせ • Nov 30TESEC Corporation to Report Q3, 2023 Results on Jan 31, 2023TESEC Corporation announced that they will report Q3, 2023 results on Jan 31, 2023
お知らせ • Nov 16TESEC Corporation (TSE:6337) announces an Equity Buyback for 150,000 shares, representing 2.65% for ¥230 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.65% of its issued share capital, for total worth of ¥230 million worth of its shares. The purpose of the program is to implement a flexible capital policy that responds to changes in the corporate environment. The program is valid till March 31, 2023. As of September 30, 2022, the company has 5,659,795 shares in issue and 118,900 shares in treasury.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥151 (vs JP¥54.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥151 (up from JP¥54.89 in 2Q 2022). Revenue: JP¥2.75b (up 62% from 2Q 2022). Net income: JP¥855.0m (up 176% from 2Q 2022). Profit margin: 31% (up from 18% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16No independent directorsThere 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. 4 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Director Koichi Watanabe was the last director to join the board, commencing their role in 2021. 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 • Oct 27Second quarter 2023 earnings released: EPS: JP¥151 (vs JP¥54.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥151 (up from JP¥54.89 in 2Q 2022). Revenue: JP¥2.75b (up 62% from 2Q 2022). Net income: JP¥855.0m (up 176% from 2Q 2022). Profit margin: 31% (up from 18% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improved over the past weekAfter last week's 29% share price gain to JP¥2,120, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Semiconductor industry in Japan. Total returns to shareholders of 99% over the past three years.
お知らせ • Aug 31TESEC Corporation to Report Q2, 2023 Results on Oct 25, 2022TESEC Corporation announced that they will report Q2, 2023 results on Oct 25, 2022
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to JP¥1,772, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Semiconductor industry in Japan. Total returns to shareholders of 92% over the past three years.
Reported Earnings • Jul 27First quarter 2023 earnings released: EPS: JP¥82.50 (vs JP¥63.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥82.50 (up from JP¥63.56 in 1Q 2022). Revenue: JP¥1.62b (down 12% from 1Q 2022). Net income: JP¥466.0m (up 30% from 1Q 2022). Profit margin: 29% (up from 20% in 1Q 2022). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 23%, compared to a 26% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 05TESEC Corporation to Report Q1, 2023 Results on Jul 26, 2022TESEC Corporation announced that they will report Q1, 2023 results on Jul 26, 2022
お知らせ • May 12TESEC Corporation, Annual General Meeting, Jun 29, 2022TESEC Corporation, Annual General Meeting, Jun 29, 2022.
Reported Earnings • May 11Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥305 (up from JP¥51.35 loss in FY 2021). Revenue: JP¥7.51b (up 118% from FY 2021). Net income: JP¥1.72b (up JP¥2.01b from FY 2021). Profit margin: 23% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is forecast to grow 13%, compared to a 22% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year.
Board Change • Apr 27No independent directorsThere 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. 2 highly experienced directors. No independent directors (8 non-independent directors). Director Koichi Watanabe was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Apr 08TESEC Corporation to Report Fiscal Year 2022 Results on May 10, 2022TESEC Corporation announced that they will report fiscal year 2022 results on May 10, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.9%).
Reported Earnings • Jan 26Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥73.82 (up from JP¥4.43 loss in 3Q 2021). Revenue: JP¥1.77b (up 93% from 3Q 2021). Net income: JP¥417.0m (up JP¥442.0m from 3Q 2021). Profit margin: 24% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 27Second quarter 2022 earnings released: EPS JP¥54.88 (vs JP¥30.28 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.70b (up 71% from 2Q 2021). Net income: JP¥310.0m (up JP¥481.0m from 2Q 2021). Profit margin: 18% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,778, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 100% over the past three years.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥2,676, the stock trades at a trailing P/E ratio of 50.7x. Average trailing P/E is 23x in the Semiconductor industry in Japan. Total returns to shareholders of 73% over the past three years.
Reported Earnings • Jul 28First quarter 2022 earnings released: EPS JP¥63.56 (vs JP¥40.55 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥1.83b (up 362% from 1Q 2021). Net income: JP¥359.0m (up JP¥588.0m from 1Q 2021). Profit margin: 20% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 14Full year 2021 earnings released: JP¥51.34 loss per share (vs JP¥29.75 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥3.45b (down 17% from FY 2020). Net loss: JP¥290.0m (loss widened 73% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 10 June 2021. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.4%).
Is New 90 Day High Low • Feb 12New 90-day high: JP¥1,339The company is up 82% from its price of JP¥734 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 32% over the same period.
Reported Earnings • Jan 28Third quarter 2021 earnings released: JP¥4.43 loss per share (vs JP¥9.74 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥916.0m (down 3.3% from 3Q 2020). Net loss: JP¥25.0m (loss narrowed 55% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 90% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
分析記事 • Jan 26Do Investors Have Good Reason To Be Wary Of TESEC Corporation's (TYO:6337) 0.8% Dividend Yield?Could TESEC Corporation ( TYO:6337 ) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Jan 08New 90-day high: JP¥988The company is up 28% from its price of JP¥773 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 34% over the same period.
分析記事 • Dec 03Introducing TESEC (TYO:6337), A Stock That Climbed 60% In The Last Five YearsWhen we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make...
Is New 90 Day High Low • Dec 02New 90-day high: JP¥931The company is up 32% from its price of JP¥707 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 34% over the same period.
Reported Earnings • Nov 12Second quarter 2021 earnings released: JP¥30.28 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥996.0m (down 8.5% from 2Q 2020). Net loss: JP¥171.0m (down 221% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 68% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 28First half earnings releasedOver the last 12 months the company has reported total losses of JP¥629.0m, with earnings decreasing by JP¥965.1m from the prior year. Total revenue was JP¥3.48b over the last 12 months, down 38% from the prior year.
