Rigaku Holdings（268A）株式概要株式会社リガクホールディングスは、日本、米国、欧州、アジアにおいて科学機器の製造・販売を行っている。 詳細268A ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長3/6過去の実績2/6財務の健全性4/6配当金1/6報酬収益は年間19.17%増加すると予測されています リスク分析JP市場と比較して、過去 3 か月間の株価の変動が非常に大きいすべてのリスクチェックを見る268A Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Top Community NarrativesRigaku HoldingsASAstrisCorporateAdvisoryCommunity ContributorCapitalizing on rising semiconductor complexityRigaku shifts from selling lab instruments to becoming a key supplier of tools chipmakers use to check and fine-tune ever-more complex chips. As big chip factories plan larger buildouts, this change could make Rigaku’s faster-growing semiconductor business matter far more than many investors expect.View narrativeJP¥2.52kFV32.5% 割安 内在価値ディスカウント8.51%Revenue growth p.a.Set Fair ValueView31users have viewed this narrative0users have liked this narrative0users have commented on this narrative1users have followed this narrative11 days ago author updated this narrativeTop Community NarrativesRigaku HoldingsASAstrisCorporateAdvisoryCommunity ContributorCapitalizing on rising semiconductor complexityRigaku shifts from selling lab instruments to becoming a key supplier of tools chipmakers use to check and fine-tune ever-more complex chips. As big chip factories plan larger buildouts, this change could make Rigaku’s faster-growing semiconductor business matter far more than many investors expect.View narrativeJP¥2.52kFV32.5% 割安 内在価値ディスカウント8.51%Revenue growth p.a.Set Fair ValueView31users have viewed this narrative0users have liked this narrative0users have commented on this narrative1users have followed this narrative11 days ago author updated this narrativeView all narrativesRigaku Holdings Corporation 競合他社AnritsuSymbol: TSE:6754Market cap: JP¥429.9bJEOLSymbol: TSE:6951Market cap: JP¥351.8bCitizen WatchSymbol: TSE:7762Market cap: JP¥626.3bAzbilSymbol: TSE:6845Market cap: JP¥753.2b価格と性能株価の高値、安値、推移の概要Rigaku Holdings過去の株価現在の株価JP¥1,703.0052週高値JP¥3,400.0052週安値JP¥801.00ベータ01ヶ月の変化-24.51%3ヶ月変化-35.00%1年変化111.03%3年間の変化n/a5年間の変化n/aIPOからの変化50.71%最新ニュースValuation Update With 7 Day Price Move • 2mInvestor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,703, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 112% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,425 per share.お知らせ • Aug 12Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million.Onto Innovation Inc. (NYSE:ONTO) signed a letter of intent to acquire 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $710 million on April 13, 2026. Onto Innovation Inc. entered into a definitive share purchase agreement 27% stake in Rigaku Holdings Corporation from Atom Investment, L.P. on April 20, 2026. Onto Innovation expects that the investment will be accretive as of December 31, 2026. As of May 19, 2026, Onto Innovation Inc. announced the pricing of its private offering of $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2031. Onto Innovation intends to use the net proceeds to fund for general corporate purposes, which may include financing the previously announced acquisition of 27% of the issued and outstanding shares of the common stock of Rigaku Holdings Corporation. The transaction is subject to upon completion of customary procedures including obtaining relevant regulatory approvals, expiration or termination of any waiting period applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the absence of any law or order issued by any governmental authority preventing or making illegal consummation of the transaction the accuracy of the representations and warranties of, and compliance with covenants by, each of the parties to the Purchase Agreement. The expected completion of the transaction is Second half of 2026. Greenhill & Co., LLC act as financial advisor,Simpson Thacher & Bartlett LLP and Nishimura & Asahi act as legal advisor for Onto Innovation Inc. Morgan Stanley act as financial advisor,Nagashima Ohno & Tsunematsu and Latham & Watkins LLP act as legal advisor for Atom Investment, L.P, Mori Hamada & Matsumoto LPC act as legal advisor for Rigaku Holdings Corporation. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Atom Investments, L.P., an affiliate of The Carlyle Group. Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million on August 10, 2026.分析記事 • Aug 11Earnings Miss: Rigaku Holdings Corporation Missed EPS By 51% And Analysts Are Revising Their ForecastsThe analysts might have been a bit too bullish on Rigaku Holdings Corporation ( TSE:268A ), given that the company fell...Price Target Changed • Aug 10Price target decreased by 7.3% to JP¥2,650Down from JP¥2,860, the current price target is an average from 6 analysts. New target price is 36% above last closing price of JP¥1,946. Stock is up 139% over the past year. The company is forecast to post earnings per share of JP¥58.87 for next year compared to JP¥50.19 last year.新しいナラティブ • Aug 10Capitalizing on rising semiconductor complexityInitiating Coverage A beneficiary of rising semiconductor complexity – Rigaku’s valuation has re-rated upwards over the past year from a scientific-instrument multiple (low teens PER) to a semi-cap multiple (high 30s to low 40s PER) as investors increasingly recognize the Company’s Semiconductor Process Control Instruments business as the primary growth and earnings driver. We believe Rigaku’s growth upside remains underappreciated as the Company’s FY12/27 medium-term plan (MTP) targets were anchored on a less constructive semiconductor industry environment and outlook.Reported Earnings • Aug 08Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥5.74 (down from JP¥8.20 in 2Q 2025). Revenue: JP¥21.6b (up 7.4% from 2Q 2025). Net income: JP¥1.30b (down 30% from 2Q 2025). Profit margin: 6.0% (down from 9.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Japan.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • 2mInvestor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,703, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 112% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,425 per share.お知らせ • Aug 12Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million.Onto Innovation Inc. (NYSE:ONTO) signed a letter of intent to acquire 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $710 million on April 13, 2026. Onto Innovation Inc. entered into a definitive share purchase agreement 27% stake in Rigaku Holdings Corporation from Atom Investment, L.P. on April 20, 2026. Onto Innovation expects that the investment will be accretive as of December 31, 2026. As of May 19, 2026, Onto Innovation Inc. announced the pricing of its private offering of $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2031. Onto Innovation intends to use the net proceeds to fund for general corporate purposes, which may include financing the previously announced acquisition of 27% of the issued and outstanding shares of the common stock of Rigaku Holdings Corporation. The transaction is subject to upon completion of customary procedures including obtaining relevant regulatory approvals, expiration or termination of any waiting period applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the absence of any law or order issued by any governmental authority preventing or making illegal consummation of the transaction the accuracy of the representations and warranties of, and compliance with covenants by, each of the parties to the Purchase Agreement. The expected completion of the transaction is Second half of 2026. Greenhill & Co., LLC act as financial advisor,Simpson Thacher & Bartlett LLP and Nishimura & Asahi act as legal advisor for Onto Innovation Inc. Morgan Stanley act as financial advisor,Nagashima Ohno & Tsunematsu and Latham & Watkins LLP act as legal advisor for Atom Investment, L.P, Mori Hamada & Matsumoto LPC act as legal advisor for Rigaku Holdings Corporation. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Atom Investments, L.P., an affiliate of The Carlyle Group. Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million on August 10, 2026.分析記事 • Aug 11Earnings Miss: Rigaku Holdings Corporation Missed EPS By 51% And Analysts Are Revising Their ForecastsThe analysts might have been a bit too bullish on Rigaku Holdings Corporation ( TSE:268A ), given that the company fell...Price Target Changed • Aug 10Price target decreased by 7.3% to JP¥2,650Down from JP¥2,860, the current price target is an average from 6 analysts. New target price is 36% above last closing price of JP¥1,946. Stock is up 139% over the past year. The company is forecast to post earnings per share of JP¥58.87 for next year compared to JP¥50.19 last year.新しいナラティブ • Aug 10Capitalizing on rising semiconductor complexityInitiating Coverage A beneficiary of rising semiconductor complexity – Rigaku’s valuation has re-rated upwards over the past year from a scientific-instrument multiple (low teens PER) to a semi-cap multiple (high 30s to low 40s PER) as investors increasingly recognize the Company’s Semiconductor Process Control Instruments business as the primary growth and earnings driver. We believe Rigaku’s growth upside remains underappreciated as the Company’s FY12/27 medium-term plan (MTP) targets were anchored on a less constructive semiconductor industry environment and outlook.Reported Earnings • Aug 08Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥5.74 (down from JP¥8.20 in 2Q 2025). Revenue: JP¥21.6b (up 7.4% from 2Q 2025). Net income: JP¥1.30b (down 30% from 2Q 2025). Profit margin: 6.0% (down from 9.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Japan.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,825, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 136% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,448 per share.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,187, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 190% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,453 per share.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 28%After last week's 28% share price gain to JP¥3,235, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 356% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,390 per share.お知らせ • Jun 03Rigaku Holdings Corporation to Report Q2, 2026 Results on Aug 07, 2026Rigaku Holdings Corporation announced that they will report Q2, 2026 results on Aug 07, 2026お知らせ • May 24Rigaku Holdings Corporation has filed a Follow-on Equity Offering.Rigaku Holdings Corporation has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 7,469,100 Security Name: Common Stock Security Type: Common Stock Securities Offered: 22,111,200Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,375, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 224% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,368 per share.分析記事 • May 16Earnings Miss: Rigaku Holdings Corporation Missed EPS By 77% And Analysts Are Revising Their ForecastsRigaku Holdings Corporation ( TSE:268A ) missed earnings with its latest quarterly results, disappointing...Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥1.46 (down from JP¥8.52 in 1Q 2025). Revenue: JP¥17.9b (down 13% from 1Q 2025). Net income: JP¥329.0m (down 83% from 1Q 2025). Profit margin: 1.8% (down from 9.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 77%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Japan.お知らせ • May 10Rigaku Holdings Corporation to Report Q1, 2026 Results on May 13, 2026Rigaku Holdings Corporation announced that they will report Q1, 2026 results at 9:00 AM, Tokyo Standard Time on May 13, 2026Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥2,760, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 232% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,457 per share.Declared Dividend • Apr 11Dividend of JP¥9.50 announcedShareholders will receive a dividend of JP¥9.50. Ex-date: 29th June 2026 Payment date: 1st January 1970 Dividend yield will be 0.4%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 37%. Cash payout ratio: 157%.Reported Earnings • Mar 30Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥50.19 (down from JP¥60.44 in FY 2024). Revenue: JP¥94.2b (up 3.9% from FY 2024). Net income: JP¥11.4b (down 16% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan.Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,199, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 119% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,504 per share.Buy Or Sell Opportunity • Mar 18Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 71% to JP¥1,906. The fair value is estimated to be JP¥1,493, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,958, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 91% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,506 per share.Price Target Changed • Feb 21Price target increased by 7.3% to JP¥1,463Up from JP¥1,363, the current price target is an average from 4 analysts. New target price is 18% below last closing price of JP¥1,783. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥60.00 for next year compared to JP¥50.19 last year.New Risk • Feb 20New 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 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Feb 20Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 97% to JP¥1,790. The fair value is estimated to be JP¥1,400, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Reported Earnings • Feb 14Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥50.19 (down from JP¥60.44 in FY 2024). Revenue: JP¥94.2b (up 3.9% from FY 2024). Net income: JP¥11.4b (down 16% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan.お知らせ • Feb 13+ 2 more updatesRigaku Holdings Corporation, Annual General Meeting, Mar 25, 2026Rigaku Holdings Corporation, Annual General Meeting, Mar 25, 2026.分析記事 • Jan 13Estimating The Intrinsic Value Of Rigaku Holdings Corporation (TSE:268A)Key Insights Rigaku Holdings' estimated fair value is JP¥1,288 based on 2 Stage Free Cash Flow to Equity Current share...Upcoming Dividend • Dec 22Upcoming dividend of JP¥9.40 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 March 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%).分析記事 • Dec 19Investors Appear Satisfied With Rigaku Holdings Corporation's (TSE:268A) Prospects As Shares Rocket 29%Rigaku Holdings Corporation ( TSE:268A ) shareholders have had their patience rewarded with a 29% share price jump in...Price Target Changed • Dec 19Price target increased by 8.7% to JP¥1,313Up from JP¥1,208, the current price target is an average from 4 analysts. New target price is 12% above last closing price of JP¥1,173. Stock is up 27% over the past year. The company is forecast to post earnings per share of JP¥55.06 for next year compared to JP¥60.44 last year.分析記事 • Dec 14Rigaku Holdings (TSE:268A) Will Pay A Dividend Of ¥9.40Rigaku Holdings Corporation's ( TSE:268A ) investors are due to receive a payment of ¥9.40 per share on 13th of March...お知らせ • Dec 10Rigaku Holdings Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026Rigaku Holdings Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026New Risk • Dec 05New 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 5.7% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,131, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 18% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,293 per share.分析記事 • Nov 30Rigaku Holdings' (TSE:268A) Dividend Will Be ¥9.40Rigaku Holdings Corporation ( TSE:268A ) has announced that it will pay a dividend of ¥9.40 per share on the 13th of...分析記事 • Nov 14Rigaku Holdings Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedInvestors in Rigaku Holdings Corporation ( TSE:268A ) had a good week, as its shares rose 2.2% to close at JP¥986...Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: JP¥2.16 (vs JP¥11.02 in 3Q 2024)Third quarter 2025 results: EPS: JP¥2.16 (down from JP¥11.02 in 3Q 2024). Revenue: JP¥18.7b (down 5.4% from 3Q 2024). Net income: JP¥494.0m (down 80% from 3Q 2024). Profit margin: 2.6% (down from 13% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan.お知らせ • Sep 27Rigaku Holdings Corporation to Report Q3, 2025 Results on Nov 11, 2025Rigaku Holdings Corporation announced that they will report Q3, 2025 results on Nov 11, 2025New Risk • Sep 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Declared Dividend • Sep 13First half dividend of JP¥9.40 announcedShareholders will receive a dividend of JP¥9.40. Ex-date: 29th December 2025 Payment date: 13th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (60% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Aug 27Rigaku Corporation Launches Sales of the XHEMIS TX-3000, a TXRF Analytical System for Semiconductor ProcessesRigaku Corporation has launched sales of the XHEMIS (pronounced "ZEM-mis") TX-3000, a total reflection X-ray fluorescence (TXRF) system that supports analysis of trace contamination on wafer surfaces in semiconductor manufacturing. Measurement result of surface contaminant distribution: Rigaku protects the quality with TXRF technology, a field where it holds overwhelming market share; Analysis of trace contaminants on wafer surfaces is vital to semiconductor manufacturing. Moreover, manufacturing lines that incorporate hundreds of steps require precise analysis of trace contaminants on wafer surface to maintain stable operation and the reliability of product quality. With TXRF, a representative approach for this purpose, Rigaku has established its technology as the effective global standard. The Company has long been a driver of rising quality standards in the industry. Rigaku's latest model, the XHEMIS TX-3000, improves on existing features to deliver a quantum leap in measurement precision, operability and productivity. Up to 6x increase in speed enables former one-hour measurement tasks to be completed in 10 minutes. The XHEMIS TX-3 achieves processing speeds up to 6x that of Rigaku's previous systems. First, measurement speed is tripled by combining a newly developed optical array with a novel multi-element detector. Next, this combined system is coupled with an AI-driven spectrum forecasting technology to double measurement speed without sacrificing precision. The technical innovation of this two-stage arrangement contributes to improved productivity and process stability at semiconductor manufacturing sites. With previous model, measurements that took typically one hour, now finish in just 10 minutes. New detector design supports analysis of lighter elements: The XHEMIS TX -3000 adopts an X-ray source that can be switched among three wavelengths, enabling analysis of lighter elements such as sodium, magnesium and aluminum that are difficult to detect using fluorescent X-ray analytical systems. In this way the surface distribution of contaminants can be measured for virtually all elements without sample destruction. In addition, the XHEMIS Texas-3000 combines a newly developed monochromator capable of X-ray irradiation with a multi-element detector that can measure three locations on the wafer surface simultaneously. By combining these features, the XHEMISTX-3000 boosts measurement speed by a factor of 3 in comparison with previous systems. To address this issue, the XHEMIS Houston adopts spectrum-forecasting software trained on vast quantities of analysis data. In this way precision is maintained even while cutting measurement time in half. Additionally, a new feature reduces unnecessary background signal, expanding the range of applications to a wide variety of materials previously unamenable to trace-contamination measurement, such as barrier metals (protective coating for wiring), high-dielectric films, and compound semiconductors. Kiyoshi Ogata, Senior Executive Vice President, commented as follows: Rigaku forecasts sales of approximately JP JP 5 billion for conventional TXRF products in 2025. With the introduction to market of this high-end system, Rigaku expects adoption by major semiconductor manufacturers to advance. The Company expects this product segment to enjoy double-digit growth for successive years as a stable platform supporting sustainable growth in the semiconductor market.お知らせ • Aug 08Rigaku Holdings Corporation (TSE:268A) announces an Equity Buyback for 6,000,000 shares, representing 2.62% for ¥4,000 million.Rigaku Holdings Corporation (TSE:268A) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 2.62% of its issued share capital (excluding treasury stock), for a total purchase price of ¥4,000 million. The purpose of the program is improving capital efficiency and fully reflect the intrinsic value of the company. The program will continue through December 23, 2025. As of June 30, 2025, the company had 229,336,799 issued shares (excluding treasury stock) and 19,601 treasury shares.分析記事 • Jul 25Rigaku Holdings (TSE:268A) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Jun 03Rigaku Holdings Corporation to Report Q2, 2025 Results on Aug 07, 2025Rigaku Holdings Corporation announced that they will report Q2, 2025 results on Aug 07, 2025Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥730, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Electronic industry in Japan.Reported Earnings • May 20First quarter 2025 earnings released: EPS: JP¥8.52 (vs JP¥15.00 in 1Q 2024)First quarter 2025 results: EPS: JP¥8.52 (down from JP¥15.00 in 1Q 2024). Revenue: JP¥20.6b (down 13% from 1Q 2024). Net income: JP¥1.92b (down 43% from 1Q 2024). Profit margin: 9.3% (down from 14% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan.New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥782, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Electronic industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,509 per share.お知らせ • Mar 27Rigaku Holdings Corporation to Report Q1, 2025 Results on May 15, 2025Rigaku Holdings Corporation announced that they will report Q1, 2025 results on May 15, 2025お知らせ • Feb 15Rigaku Holdings Corporation, Annual General Meeting, Mar 27, 2025Rigaku Holdings Corporation, Annual General Meeting, Mar 27, 2025.お知らせ • Dec 13Rigaku Holdings Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025Rigaku Holdings Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025Valuation Update With 7 Day Price Move • Dec 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥970, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,408 per share.Buy Or Sell Opportunity • Nov 29Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,116. The fair value is estimated to be JP¥1,441, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.Board Change • Oct 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Auditor Ryota Isogai was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.株主還元268AJP ElectronicJP 市場7D-18.4%-8.5%-2.3%1Y111.0%76.3%31.0%株主還元を見る業界別リターン: 268A過去 1 年間で76.3 % の収益を上げたJP Electronic業界を上回りました。リターン対市場: 268A過去 1 年間で31 % の収益を上げたJP市場を上回りました。価格変動Is 268A's price volatile compared to industry and market?268A volatility268A Average Weekly Movement13.6%Electronic Industry Average Movement7.0%Market Average Movement4.1%10% most volatile stocks in JP Market9.1%10% least volatile stocks in JP Market2.1%安定した株価: 268Aの株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 268Aの weekly volatility ( 14% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19511,971Jun Kawakamiwww.rigaku-holdings.com株式会社リガクホールディングスは、日本、米国、欧州、アジアで科学機器の製造・販売を行っている。X線回折装置、蛍光X線装置、X線イメージング装置などの多目的分析装置、半導体X線検査装置、X線透過装置などの半導体プロセス制御装置、製品に関連する保証、修理、保守、移設などを提供。同社の製品は、ライフサイエンス、学術、半導体電子デバイス、電池などの用途で使用されている。同社は1951年に設立され、昭島市に本社を置く。もっと見るRigaku Holdings Corporation 基礎のまとめRigaku Holdings の収益と売上を時価総額と比較するとどうか。268A 基礎統計学時価総額JP¥400.67b収益（TTM）JP¥9.25b売上高(TTM)JP¥93.00b41.7xPER（株価収益率4.1xP/Sレシオ268A は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計268A 損益計算書（TTM）収益JP¥93.00b売上原価JP¥41.18b売上総利益JP¥51.83bその他の費用JP¥42.58b収益JP¥9.25b直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）40.84グロス・マージン55.73%純利益率9.95%有利子負債／自己資本比率68.1%268A の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.1%現在の配当利回り46%配当性向268A 配当は確実ですか？268A 配当履歴とベンチマークを見る268A 、いつまでに購入すれば配当金を受け取れますか？Rigaku Holdings 配当日配当落ち日Jun 29 2026配当支払日Sep 14 2026配当落ちまでの日数53 days配当支払日までの日数24 days268A 配当は確実ですか？268A 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/21 07:41終値2026/08/21 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク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Rigaku Holdings Corporation 7 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。8 アナリスト機関null nullAstris Advisory Japan, K.K.Mikio HirakawaBofA Global ResearchTakeshi FukuyamaDaiwa Securities Co. Ltd.5 その他のアナリストを表示
Valuation Update With 7 Day Price Move • 2mInvestor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,703, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 112% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,425 per share.
お知らせ • Aug 12Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million.Onto Innovation Inc. (NYSE:ONTO) signed a letter of intent to acquire 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $710 million on April 13, 2026. Onto Innovation Inc. entered into a definitive share purchase agreement 27% stake in Rigaku Holdings Corporation from Atom Investment, L.P. on April 20, 2026. Onto Innovation expects that the investment will be accretive as of December 31, 2026. As of May 19, 2026, Onto Innovation Inc. announced the pricing of its private offering of $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2031. Onto Innovation intends to use the net proceeds to fund for general corporate purposes, which may include financing the previously announced acquisition of 27% of the issued and outstanding shares of the common stock of Rigaku Holdings Corporation. The transaction is subject to upon completion of customary procedures including obtaining relevant regulatory approvals, expiration or termination of any waiting period applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the absence of any law or order issued by any governmental authority preventing or making illegal consummation of the transaction the accuracy of the representations and warranties of, and compliance with covenants by, each of the parties to the Purchase Agreement. The expected completion of the transaction is Second half of 2026. Greenhill & Co., LLC act as financial advisor,Simpson Thacher & Bartlett LLP and Nishimura & Asahi act as legal advisor for Onto Innovation Inc. Morgan Stanley act as financial advisor,Nagashima Ohno & Tsunematsu and Latham & Watkins LLP act as legal advisor for Atom Investment, L.P, Mori Hamada & Matsumoto LPC act as legal advisor for Rigaku Holdings Corporation. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Atom Investments, L.P., an affiliate of The Carlyle Group. Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million on August 10, 2026.
分析記事 • Aug 11Earnings Miss: Rigaku Holdings Corporation Missed EPS By 51% And Analysts Are Revising Their ForecastsThe analysts might have been a bit too bullish on Rigaku Holdings Corporation ( TSE:268A ), given that the company fell...
Price Target Changed • Aug 10Price target decreased by 7.3% to JP¥2,650Down from JP¥2,860, the current price target is an average from 6 analysts. New target price is 36% above last closing price of JP¥1,946. Stock is up 139% over the past year. The company is forecast to post earnings per share of JP¥58.87 for next year compared to JP¥50.19 last year.
新しいナラティブ • Aug 10Capitalizing on rising semiconductor complexityInitiating Coverage A beneficiary of rising semiconductor complexity – Rigaku’s valuation has re-rated upwards over the past year from a scientific-instrument multiple (low teens PER) to a semi-cap multiple (high 30s to low 40s PER) as investors increasingly recognize the Company’s Semiconductor Process Control Instruments business as the primary growth and earnings driver. We believe Rigaku’s growth upside remains underappreciated as the Company’s FY12/27 medium-term plan (MTP) targets were anchored on a less constructive semiconductor industry environment and outlook.
Reported Earnings • Aug 08Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥5.74 (down from JP¥8.20 in 2Q 2025). Revenue: JP¥21.6b (up 7.4% from 2Q 2025). Net income: JP¥1.30b (down 30% from 2Q 2025). Profit margin: 6.0% (down from 9.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Japan.
Valuation Update With 7 Day Price Move • 2mInvestor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,703, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 112% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,425 per share.
お知らせ • Aug 12Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million.Onto Innovation Inc. (NYSE:ONTO) signed a letter of intent to acquire 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $710 million on April 13, 2026. Onto Innovation Inc. entered into a definitive share purchase agreement 27% stake in Rigaku Holdings Corporation from Atom Investment, L.P. on April 20, 2026. Onto Innovation expects that the investment will be accretive as of December 31, 2026. As of May 19, 2026, Onto Innovation Inc. announced the pricing of its private offering of $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2031. Onto Innovation intends to use the net proceeds to fund for general corporate purposes, which may include financing the previously announced acquisition of 27% of the issued and outstanding shares of the common stock of Rigaku Holdings Corporation. The transaction is subject to upon completion of customary procedures including obtaining relevant regulatory approvals, expiration or termination of any waiting period applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the absence of any law or order issued by any governmental authority preventing or making illegal consummation of the transaction the accuracy of the representations and warranties of, and compliance with covenants by, each of the parties to the Purchase Agreement. The expected completion of the transaction is Second half of 2026. Greenhill & Co., LLC act as financial advisor,Simpson Thacher & Bartlett LLP and Nishimura & Asahi act as legal advisor for Onto Innovation Inc. Morgan Stanley act as financial advisor,Nagashima Ohno & Tsunematsu and Latham & Watkins LLP act as legal advisor for Atom Investment, L.P, Mori Hamada & Matsumoto LPC act as legal advisor for Rigaku Holdings Corporation. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Atom Investments, L.P., an affiliate of The Carlyle Group. Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million on August 10, 2026.
分析記事 • Aug 11Earnings Miss: Rigaku Holdings Corporation Missed EPS By 51% And Analysts Are Revising Their ForecastsThe analysts might have been a bit too bullish on Rigaku Holdings Corporation ( TSE:268A ), given that the company fell...
Price Target Changed • Aug 10Price target decreased by 7.3% to JP¥2,650Down from JP¥2,860, the current price target is an average from 6 analysts. New target price is 36% above last closing price of JP¥1,946. Stock is up 139% over the past year. The company is forecast to post earnings per share of JP¥58.87 for next year compared to JP¥50.19 last year.
新しいナラティブ • Aug 10Capitalizing on rising semiconductor complexityInitiating Coverage A beneficiary of rising semiconductor complexity – Rigaku’s valuation has re-rated upwards over the past year from a scientific-instrument multiple (low teens PER) to a semi-cap multiple (high 30s to low 40s PER) as investors increasingly recognize the Company’s Semiconductor Process Control Instruments business as the primary growth and earnings driver. We believe Rigaku’s growth upside remains underappreciated as the Company’s FY12/27 medium-term plan (MTP) targets were anchored on a less constructive semiconductor industry environment and outlook.
Reported Earnings • Aug 08Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥5.74 (down from JP¥8.20 in 2Q 2025). Revenue: JP¥21.6b (up 7.4% from 2Q 2025). Net income: JP¥1.30b (down 30% from 2Q 2025). Profit margin: 6.0% (down from 9.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Japan.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,825, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 136% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,448 per share.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,187, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 190% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,453 per share.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 28%After last week's 28% share price gain to JP¥3,235, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 356% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,390 per share.
お知らせ • Jun 03Rigaku Holdings Corporation to Report Q2, 2026 Results on Aug 07, 2026Rigaku Holdings Corporation announced that they will report Q2, 2026 results on Aug 07, 2026
お知らせ • May 24Rigaku Holdings Corporation has filed a Follow-on Equity Offering.Rigaku Holdings Corporation has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 7,469,100 Security Name: Common Stock Security Type: Common Stock Securities Offered: 22,111,200
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,375, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 224% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,368 per share.
分析記事 • May 16Earnings Miss: Rigaku Holdings Corporation Missed EPS By 77% And Analysts Are Revising Their ForecastsRigaku Holdings Corporation ( TSE:268A ) missed earnings with its latest quarterly results, disappointing...
Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥1.46 (down from JP¥8.52 in 1Q 2025). Revenue: JP¥17.9b (down 13% from 1Q 2025). Net income: JP¥329.0m (down 83% from 1Q 2025). Profit margin: 1.8% (down from 9.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 77%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electronic industry in Japan.
お知らせ • May 10Rigaku Holdings Corporation to Report Q1, 2026 Results on May 13, 2026Rigaku Holdings Corporation announced that they will report Q1, 2026 results at 9:00 AM, Tokyo Standard Time on May 13, 2026
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥2,760, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 232% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,457 per share.
Declared Dividend • Apr 11Dividend of JP¥9.50 announcedShareholders will receive a dividend of JP¥9.50. Ex-date: 29th June 2026 Payment date: 1st January 1970 Dividend yield will be 0.4%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 37%. Cash payout ratio: 157%.
Reported Earnings • Mar 30Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥50.19 (down from JP¥60.44 in FY 2024). Revenue: JP¥94.2b (up 3.9% from FY 2024). Net income: JP¥11.4b (down 16% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan.
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,199, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 119% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,504 per share.
Buy Or Sell Opportunity • Mar 18Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 71% to JP¥1,906. The fair value is estimated to be JP¥1,493, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,958, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 91% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,506 per share.
Price Target Changed • Feb 21Price target increased by 7.3% to JP¥1,463Up from JP¥1,363, the current price target is an average from 4 analysts. New target price is 18% below last closing price of JP¥1,783. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥60.00 for next year compared to JP¥50.19 last year.
New Risk • Feb 20New 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 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Feb 20Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 97% to JP¥1,790. The fair value is estimated to be JP¥1,400, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Reported Earnings • Feb 14Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥50.19 (down from JP¥60.44 in FY 2024). Revenue: JP¥94.2b (up 3.9% from FY 2024). Net income: JP¥11.4b (down 16% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan.
お知らせ • Feb 13+ 2 more updatesRigaku Holdings Corporation, Annual General Meeting, Mar 25, 2026Rigaku Holdings Corporation, Annual General Meeting, Mar 25, 2026.
分析記事 • Jan 13Estimating The Intrinsic Value Of Rigaku Holdings Corporation (TSE:268A)Key Insights Rigaku Holdings' estimated fair value is JP¥1,288 based on 2 Stage Free Cash Flow to Equity Current share...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥9.40 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 March 2026. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%).
分析記事 • Dec 19Investors Appear Satisfied With Rigaku Holdings Corporation's (TSE:268A) Prospects As Shares Rocket 29%Rigaku Holdings Corporation ( TSE:268A ) shareholders have had their patience rewarded with a 29% share price jump in...
Price Target Changed • Dec 19Price target increased by 8.7% to JP¥1,313Up from JP¥1,208, the current price target is an average from 4 analysts. New target price is 12% above last closing price of JP¥1,173. Stock is up 27% over the past year. The company is forecast to post earnings per share of JP¥55.06 for next year compared to JP¥60.44 last year.
分析記事 • Dec 14Rigaku Holdings (TSE:268A) Will Pay A Dividend Of ¥9.40Rigaku Holdings Corporation's ( TSE:268A ) investors are due to receive a payment of ¥9.40 per share on 13th of March...
お知らせ • Dec 10Rigaku Holdings Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026Rigaku Holdings Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026
New Risk • Dec 05New 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 5.7% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,131, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 18% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,293 per share.
分析記事 • Nov 30Rigaku Holdings' (TSE:268A) Dividend Will Be ¥9.40Rigaku Holdings Corporation ( TSE:268A ) has announced that it will pay a dividend of ¥9.40 per share on the 13th of...
分析記事 • Nov 14Rigaku Holdings Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedInvestors in Rigaku Holdings Corporation ( TSE:268A ) had a good week, as its shares rose 2.2% to close at JP¥986...
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: JP¥2.16 (vs JP¥11.02 in 3Q 2024)Third quarter 2025 results: EPS: JP¥2.16 (down from JP¥11.02 in 3Q 2024). Revenue: JP¥18.7b (down 5.4% from 3Q 2024). Net income: JP¥494.0m (down 80% from 3Q 2024). Profit margin: 2.6% (down from 13% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan.
お知らせ • Sep 27Rigaku Holdings Corporation to Report Q3, 2025 Results on Nov 11, 2025Rigaku Holdings Corporation announced that they will report Q3, 2025 results on Nov 11, 2025
New Risk • Sep 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Declared Dividend • Sep 13First half dividend of JP¥9.40 announcedShareholders will receive a dividend of JP¥9.40. Ex-date: 29th December 2025 Payment date: 13th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (60% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 27Rigaku Corporation Launches Sales of the XHEMIS TX-3000, a TXRF Analytical System for Semiconductor ProcessesRigaku Corporation has launched sales of the XHEMIS (pronounced "ZEM-mis") TX-3000, a total reflection X-ray fluorescence (TXRF) system that supports analysis of trace contamination on wafer surfaces in semiconductor manufacturing. Measurement result of surface contaminant distribution: Rigaku protects the quality with TXRF technology, a field where it holds overwhelming market share; Analysis of trace contaminants on wafer surfaces is vital to semiconductor manufacturing. Moreover, manufacturing lines that incorporate hundreds of steps require precise analysis of trace contaminants on wafer surface to maintain stable operation and the reliability of product quality. With TXRF, a representative approach for this purpose, Rigaku has established its technology as the effective global standard. The Company has long been a driver of rising quality standards in the industry. Rigaku's latest model, the XHEMIS TX-3000, improves on existing features to deliver a quantum leap in measurement precision, operability and productivity. Up to 6x increase in speed enables former one-hour measurement tasks to be completed in 10 minutes. The XHEMIS TX-3 achieves processing speeds up to 6x that of Rigaku's previous systems. First, measurement speed is tripled by combining a newly developed optical array with a novel multi-element detector. Next, this combined system is coupled with an AI-driven spectrum forecasting technology to double measurement speed without sacrificing precision. The technical innovation of this two-stage arrangement contributes to improved productivity and process stability at semiconductor manufacturing sites. With previous model, measurements that took typically one hour, now finish in just 10 minutes. New detector design supports analysis of lighter elements: The XHEMIS TX -3000 adopts an X-ray source that can be switched among three wavelengths, enabling analysis of lighter elements such as sodium, magnesium and aluminum that are difficult to detect using fluorescent X-ray analytical systems. In this way the surface distribution of contaminants can be measured for virtually all elements without sample destruction. In addition, the XHEMIS Texas-3000 combines a newly developed monochromator capable of X-ray irradiation with a multi-element detector that can measure three locations on the wafer surface simultaneously. By combining these features, the XHEMISTX-3000 boosts measurement speed by a factor of 3 in comparison with previous systems. To address this issue, the XHEMIS Houston adopts spectrum-forecasting software trained on vast quantities of analysis data. In this way precision is maintained even while cutting measurement time in half. Additionally, a new feature reduces unnecessary background signal, expanding the range of applications to a wide variety of materials previously unamenable to trace-contamination measurement, such as barrier metals (protective coating for wiring), high-dielectric films, and compound semiconductors. Kiyoshi Ogata, Senior Executive Vice President, commented as follows: Rigaku forecasts sales of approximately JP JP 5 billion for conventional TXRF products in 2025. With the introduction to market of this high-end system, Rigaku expects adoption by major semiconductor manufacturers to advance. The Company expects this product segment to enjoy double-digit growth for successive years as a stable platform supporting sustainable growth in the semiconductor market.
お知らせ • Aug 08Rigaku Holdings Corporation (TSE:268A) announces an Equity Buyback for 6,000,000 shares, representing 2.62% for ¥4,000 million.Rigaku Holdings Corporation (TSE:268A) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 2.62% of its issued share capital (excluding treasury stock), for a total purchase price of ¥4,000 million. The purpose of the program is improving capital efficiency and fully reflect the intrinsic value of the company. The program will continue through December 23, 2025. As of June 30, 2025, the company had 229,336,799 issued shares (excluding treasury stock) and 19,601 treasury shares.
分析記事 • Jul 25Rigaku Holdings (TSE:268A) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Jun 03Rigaku Holdings Corporation to Report Q2, 2025 Results on Aug 07, 2025Rigaku Holdings Corporation announced that they will report Q2, 2025 results on Aug 07, 2025
Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥730, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Electronic industry in Japan.
Reported Earnings • May 20First quarter 2025 earnings released: EPS: JP¥8.52 (vs JP¥15.00 in 1Q 2024)First quarter 2025 results: EPS: JP¥8.52 (down from JP¥15.00 in 1Q 2024). Revenue: JP¥20.6b (down 13% from 1Q 2024). Net income: JP¥1.92b (down 43% from 1Q 2024). Profit margin: 9.3% (down from 14% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan.
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥782, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Electronic industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,509 per share.
お知らせ • Mar 27Rigaku Holdings Corporation to Report Q1, 2025 Results on May 15, 2025Rigaku Holdings Corporation announced that they will report Q1, 2025 results on May 15, 2025
お知らせ • Feb 15Rigaku Holdings Corporation, Annual General Meeting, Mar 27, 2025Rigaku Holdings Corporation, Annual General Meeting, Mar 27, 2025.
お知らせ • Dec 13Rigaku Holdings Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025Rigaku Holdings Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥970, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in Japan. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,408 per share.
Buy Or Sell Opportunity • Nov 29Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,116. The fair value is estimated to be JP¥1,441, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
Board Change • Oct 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Auditor Ryota Isogai was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
