View Financial HealthTESEC 配当と自社株買い配当金 基準チェック /46TESEC配当を支払う会社であり、現在の利回りは4.55%です。主要情報4.5%配当利回り5.2%バイバック利回り総株主利回り9.8%将来の配当利回り4.5%配当成長15.5%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向129%最近の配当と自社株買いの更新お知らせ • May 27TESEC Corporation (TSE:6337) announces an Equity Buyback for 150,000 shares, representing 2.88% for ¥300 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.87% of its issued share capital for ¥300 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement agile management in response to changes in the business environment, we are establishing a framework for acquiring treasury stock. The shares will be acquired on September 30, 2026. As of March 31, 2026, there are 5,214,253 outstanding shares (excluding treasury stock) and 364,442 treasury shares.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%).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 • 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.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 • 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.すべての更新を表示Recent updatesお知らせ • Jun 01TESEC Corporation to Report Q1, 2027 Results on Jul 28, 2026TESEC Corporation announced that they will report Q1, 2027 results on Jul 28, 2026お知らせ • May 27TESEC Corporation (TSE:6337) announces an Equity Buyback for 150,000 shares, representing 2.88% for ¥300 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.87% of its issued share capital for ¥300 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement agile management in response to changes in the business environment, we are establishing a framework for acquiring treasury stock. The shares will be acquired on September 30, 2026. As of March 31, 2026, there are 5,214,253 outstanding shares (excluding treasury stock) and 364,442 treasury shares.分析記事 • May 21We 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.決済の安定と成長配当データの取得安定した配当: 6337の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 6337の配当金は過去10年間にわたって増加しています。配当利回り対市場TESEC 配当利回り対市場6337 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (6337)4.5%市場下位25% (JP)1.8%市場トップ25% (JP)3.8%業界平均 (Semiconductor)0.7%アナリスト予想 (6337) (最長3年)4.5%注目すべき配当: 6337の配当金 ( 4.55% ) はJP市場の配当金支払者の下位 25% ( 1.79% ) よりも高くなっています。高配当: 6337の配当金 ( 4.55% ) はJP市場 ( 3.82% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 6337は高い 配当性向 ( 128.7% ) のため、配当金の支払いは利益によって十分にカバーされていません。株主配当金キャッシュフローカバレッジ: 6337の 現金配当性向 ( 38% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YJP 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/17 22:11終値2026/07/17 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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.
お知らせ • May 27TESEC Corporation (TSE:6337) announces an Equity Buyback for 150,000 shares, representing 2.88% for ¥300 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.87% of its issued share capital for ¥300 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement agile management in response to changes in the business environment, we are establishing a framework for acquiring treasury stock. The shares will be acquired on September 30, 2026. As of March 31, 2026, there are 5,214,253 outstanding shares (excluding treasury stock) and 364,442 treasury shares.
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%).
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 • 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.
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 • 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.
お知らせ • Jun 01TESEC Corporation to Report Q1, 2027 Results on Jul 28, 2026TESEC Corporation announced that they will report Q1, 2027 results on Jul 28, 2026
お知らせ • May 27TESEC Corporation (TSE:6337) announces an Equity Buyback for 150,000 shares, representing 2.88% for ¥300 million.TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.87% of its issued share capital for ¥300 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement agile management in response to changes in the business environment, we are establishing a framework for acquiring treasury stock. The shares will be acquired on September 30, 2026. As of March 31, 2026, there are 5,214,253 outstanding shares (excluding treasury stock) and 364,442 treasury shares.
分析記事 • May 21We 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.