View Past PerformanceMitachi バランスシートの健全性財務の健全性 基準チェック /36Mitachiの総株主資本は¥17.3B 、総負債は¥14.5Bで、負債比率は83.5%となります。総資産と総負債はそれぞれ¥46.6Bと¥29.2Bです。 Mitachiの EBIT は¥2.7Bで、利息カバレッジ比率39.8です。現金および短期投資は¥5.1Bです。主要情報83.54%負債資本比率JP¥14.47b負債インタレスト・カバレッジ・レシオ39.8x現金JP¥5.12bエクイティJP¥17.32b負債合計JP¥29.25b総資産JP¥46.57b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updates分析記事 • May 12With EPS Growth And More, Mitachi (TSE:3321) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Reported Earnings • Apr 05Third quarter 2026 earnings released: EPS: JP¥59.09 (vs JP¥63.87 in 3Q 2025)Third quarter 2026 results: EPS: JP¥59.09 (down from JP¥63.87 in 3Q 2025). Revenue: JP¥29.8b (up 2.8% from 3Q 2025). Net income: JP¥471.0m (down 7.5% from 3Q 2025). Profit margin: 1.6% (down from 1.8% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.お知らせ • Apr 02Mitachi Co., Ltd. to Report Q3, 2026 Results on Apr 03, 2026Mitachi Co., Ltd. announced that they will report Q3, 2026 results on Apr 03, 2026New Risk • Mar 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.3b (US$96.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). 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 (6.8% average weekly change). Market cap is less than US$100m (JP¥15.3b market cap, or US$96.3m).Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,030, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 71% over the past three years.New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% 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: Minor Risks High level of debt (43% net debt to equity). 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 (5.7% average weekly change).Declared Dividend • Feb 11First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 28th May 2026 Payment date: 25th August 2026 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 48% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Dec 26Mitachi (TSE:3321) Is Looking To Continue Growing Its Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Dec 26Second quarter 2026 earnings released: EPS: JP¥83.31 (vs JP¥61.63 in 2Q 2025)Second quarter 2026 results: EPS: JP¥83.31 (up from JP¥61.63 in 2Q 2025). Revenue: JP¥30.6b (flat on 2Q 2025). Net income: JP¥664.0m (up 35% from 2Q 2025). Profit margin: 2.2% (up from 1.6% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 26Mitachi Co., Ltd. to Report Q2, 2026 Results on Dec 25, 2025Mitachi Co., Ltd. announced that they will report Q2, 2026 results on Dec 25, 2025Upcoming Dividend • Nov 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 10 February 2026. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).分析記事 • Oct 09Mitachi (TSE:3321) Has Announced A Dividend Of ¥30.00Mitachi Co., Ltd.'s ( TSE:3321 ) investors are due to receive a payment of ¥30.00 per share on 10th of February. This...Reported Earnings • Oct 04First quarter 2026 earnings released: EPS: JP¥70.65 (vs JP¥28.50 in 1Q 2025)First quarter 2026 results: EPS: JP¥70.65 (up from JP¥28.50 in 1Q 2025). Revenue: JP¥27.7b (up 199% from 1Q 2025). Net income: JP¥563.0m (up 148% from 1Q 2025). Profit margin: 2.0% (down from 2.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.分析記事 • Sep 08Mitachi (TSE:3321) Has Announced A Dividend Of ¥30.00Mitachi Co., Ltd. ( TSE:3321 ) will pay a dividend of ¥30.00 on the 10th of February. This will take the annual payment...Declared Dividend • Sep 08Final dividend increased to JP¥30.00Dividend of JP¥30.00 is 20% higher than last year. Ex-date: 27th November 2025 Payment date: 10th February 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 26Mitachi Co., Ltd. to Report Q1, 2026 Results on Oct 03, 2025Mitachi Co., Ltd. announced that they will report Q1, 2026 results on Oct 03, 2025お知らせ • Jul 06Mitachi Co., Ltd., Annual General Meeting, Aug 22, 2025Mitachi Co., Ltd., Annual General Meeting, Aug 22, 2025.Reported Earnings • Jul 05Full year 2025 earnings released: EPS: JP¥213 (vs JP¥153 in FY 2024)Full year 2025 results: EPS: JP¥213 (up from JP¥153 in FY 2024). Revenue: JP¥98.2b (up 152% from FY 2024). Net income: JP¥1.70b (up 39% from FY 2024). Profit margin: 1.7% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Jul 04+ 2 more updatesMitachi Co., Ltd. Announces Year-End Cash Dividend For the Fiscal Year Ended May 31, 2025, Payable on August 25, 2025; Provides Cash Dividend Guidance for the Second Quarter of Fiscal Year Ending May 31, 2026Mitachi Co., Ltd. announced year-end cash dividend of JPY 35.00 per share for the fiscal year ended May 31, 2025 compared to JPY 25.00 per share paid a year ago. Dividend payable date (as planned) is August 25, 2025. For the second quarter of fiscal year ending May 31, 2026, the company expects to pay cash dividend of JPY 30.00 per share compared to JPY 25.00 per share paid a year ago.分析記事 • May 22Mitachi (TSE:3321) Has Affirmed Its Dividend Of ¥25.00Mitachi Co., Ltd. ( TSE:3321 ) will pay a dividend of ¥25.00 on the 26th of August. Based on this payment, the dividend...お知らせ • May 22Mitachi Co., Ltd. to Report Fiscal Year 2025 Results on Jul 04, 2025Mitachi Co., Ltd. announced that they will report fiscal year 2025 results on Jul 04, 2025Buy Or Sell Opportunity • Apr 08Now 33% overvaluedOver the last 90 days, the stock has fallen 10% to JP¥1,041. The fair value is estimated to be JP¥785, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 11%.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥941, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 25% over the past three years.分析記事 • Apr 04Mitachi's (TSE:3321) Dividend Will Be ¥25.00The board of Mitachi Co., Ltd. ( TSE:3321 ) has announced that it will pay a dividend on the 26th of August, with...Reported Earnings • Apr 02Third quarter 2025 earnings released: EPS: JP¥63.87 (vs JP¥28.12 in 3Q 2024)Third quarter 2025 results: EPS: JP¥63.87 (up from JP¥28.12 in 3Q 2024). Revenue: JP¥29.0b (up 200% from 3Q 2024). Net income: JP¥509.0m (up 127% from 3Q 2024). Profit margin: 1.8% (down from 2.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.分析記事 • Feb 28Mitachi (TSE:3321) Has Announced A Dividend Of ¥25.00Mitachi Co., Ltd.'s ( TSE:3321 ) investors are due to receive a payment of ¥25.00 per share on 26th of August. Based on...お知らせ • Feb 27Mitachi Co., Ltd. to Report Q3, 2025 Results on Mar 28, 2025Mitachi Co., Ltd. announced that they will report Q3, 2025 results on Mar 28, 2025分析記事 • Feb 11Mitachi (TSE:3321) Will Pay A Dividend Of ¥25.00Mitachi Co., Ltd.'s ( TSE:3321 ) investors are due to receive a payment of ¥25.00 per share on 26th of August. This...Declared Dividend • Feb 11First half dividend of JP¥25.00 announcedDividend of JP¥25.00 is the same as last year. Ex-date: 29th May 2025 Payment date: 26th August 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • Jan 03Mitachi (TSE:3321) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Mitachi Co., Ltd.'s ( TSE:3321 ) solid earnings report. We think that investors might be...New Risk • Dec 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (66% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (JP¥9.39b market cap, or US$59.5m).Reported Earnings • Dec 28Second quarter 2025 earnings released: EPS: JP¥61.63 (vs JP¥50.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥61.63 (up from JP¥50.49 in 2Q 2024). Revenue: JP¥30.6b (up 195% from 2Q 2024). Net income: JP¥491.0m (up 22% from 2Q 2024). Profit margin: 1.6% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Upcoming Dividend • Nov 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 November 2024. Payment date: 10 February 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).お知らせ • Nov 21Mitachi Co., Ltd. to Report Q2, 2025 Results on Dec 26, 2024Mitachi Co., Ltd. announced that they will report Q2, 2025 results on Dec 26, 2024Reported Earnings • Oct 09First quarter 2025 earnings released: EPS: JP¥28.50 (vs JP¥38.06 in 1Q 2024)First quarter 2025 results: EPS: JP¥28.50 (down from JP¥38.06 in 1Q 2024). Revenue: JP¥9.27b (down 4.0% from 1Q 2024). Net income: JP¥227.0m (down 25% from 1Q 2024). Profit margin: 2.4% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Declared Dividend • Sep 19Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 28th November 2024 Payment date: 10th February 2025 Dividend yield will be 4.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 27Mitachi Co., Ltd. to Report Q1, 2025 Results on Oct 04, 2024Mitachi Co., Ltd. announced that they will report Q1, 2025 results on Oct 04, 2024Buy Or Sell Opportunity • Aug 06Now 31% overvaluedOver the last 90 days, the stock has fallen 7.6% to JP¥1,068. The fair value is estimated to be JP¥812, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.7%.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥950, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 36% over the past three years.Reported Earnings • Jul 08Full year 2024 earnings released: EPS: JP¥153 (vs JP¥213 in FY 2023)Full year 2024 results: EPS: JP¥153 (down from JP¥213 in FY 2023). Revenue: JP¥38.9b (down 10% from FY 2023). Net income: JP¥1.22b (down 28% from FY 2023). Profit margin: 3.1% (down from 3.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 06Mitachi Co., Ltd., Annual General Meeting, Aug 23, 2024Mitachi Co., Ltd., Annual General Meeting, Aug 23, 2024.分析記事 • May 25Mitachi's (TSE:3321) Dividend Will Be ¥20.00Mitachi Co., Ltd. ( TSE:3321 ) will pay a dividend of ¥20.00 on the 28th of August. The dividend yield of 3.4% is still...お知らせ • May 25Mitachi Co., Ltd. to Report Fiscal Year 2024 Results on Jul 05, 2024Mitachi Co., Ltd. announced that they will report fiscal year 2024 results on Jul 05, 2024Upcoming Dividend • May 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).分析記事 • Apr 26Mitachi (TSE:3321) Is Due To Pay A Dividend Of ¥20.00The board of Mitachi Co., Ltd. ( TSE:3321 ) has announced that it will pay a dividend of ¥20.00 per share on the 28th...Reported Earnings • Mar 31Third quarter 2024 earnings released: EPS: JP¥28.12 (vs JP¥43.47 in 3Q 2023)Third quarter 2024 results: EPS: JP¥28.12 (down from JP¥43.47 in 3Q 2023). Revenue: JP¥9.67b (down 4.6% from 3Q 2023). Net income: JP¥224.0m (down 35% from 3Q 2023). Profit margin: 2.3% (down from 3.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.お知らせ • Feb 28Mitachi Co., Ltd. to Report Q3, 2024 Results on Mar 29, 2024Mitachi Co., Ltd. announced that they will report Q3, 2024 results on Mar 29, 2024分析記事 • Feb 27Mitachi (TSE:3321) Has Announced A Dividend Of ¥20.00The board of Mitachi Co., Ltd. ( TSE:3321 ) has announced that it will pay a dividend on the 28th of August, with...Reported Earnings • Dec 28Second quarter 2024 earnings released: EPS: JP¥50.49 (vs JP¥54.16 in 2Q 2023)Second quarter 2024 results: EPS: JP¥50.49 (down from JP¥54.16 in 2Q 2023). Revenue: JP¥10.4b (down 11% from 2Q 2023). Net income: JP¥402.0m (down 6.7% from 2Q 2023). Profit margin: 3.9% (up from 3.7% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 27Mitachi Co., Ltd. Announces Dividend for the Second Quarter Ended November 2023, Payable on February 9, 2024; Provides Dividend Guidance for the Year Ending May 31, 2024Mitachi Co., Ltd. announced dividend of JPY 20.00 per share for the second quarter ended November 2023 compared to JPY 30.00 per share paid a year ago. Dividend Payable Date: February 9, 2024.For the year ending May 31, 2024, the company expects to pay dividend of JPY 20.00 per share compared to JPY 35.00 per share paid a year ago.お知らせ • Nov 24Mitachi Co., Ltd. to Report Q2, 2024 Results on Dec 27, 2023Mitachi Co., Ltd. announced that they will report Q2, 2024 results on Dec 27, 2023Upcoming Dividend • Nov 22Upcoming dividend of JP¥20.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 13 February 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).Reported Earnings • Oct 07First quarter 2024 earnings released: EPS: JP¥38.06 (vs JP¥91.69 in 1Q 2023)First quarter 2024 results: EPS: JP¥38.06 (down from JP¥91.69 in 1Q 2023). Revenue: JP¥9.65b (down 20% from 1Q 2023). Net income: JP¥303.0m (down 58% from 1Q 2023). Profit margin: 3.1% (down from 6.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 27Mitachi Co., Ltd. to Report Q1, 2024 Results on Oct 06, 2023Mitachi Co., Ltd. announced that they will report Q1, 2024 results on Oct 06, 2023Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥1,064, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 109% over the past three years.New Risk • Jul 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 5.9% 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 Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥9.28b market cap, or US$65.7m).Reported Earnings • Jul 09Full year 2023 earnings released: EPS: JP¥213 (vs JP¥185 in FY 2022)Full year 2023 results: EPS: JP¥213 (up from JP¥185 in FY 2022). Revenue: JP¥43.3b (up 1.8% from FY 2022). Net income: JP¥1.69b (up 16% from FY 2022). Profit margin: 3.9% (up from 3.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 07+ 2 more updatesMitachi Co., Ltd. Provides Dividend Guidance for the Second Quarter Ending November 2023 and Year Ending May 31, 2024Mitachi Co., Ltd. provided dividend guidance for the second quarter ending November 2023 and year ending May 31, 2024. The company expects to pay dividend of JPY 20.00 per share compared to JPY 30.00 per share paid a year ago.The company expects to pay year end dividend of JPY 20.00 per share compared to JPY 35.00 per share paid a year ago.お知らせ • May 31Mitachi Co., Ltd. to Report Fiscal Year 2023 Results on Jul 07, 2023Mitachi Co., Ltd. announced that they will report fiscal year 2023 results on Jul 07, 2023Upcoming Dividend • May 23Upcoming dividend of JP¥35.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 29 August 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).Reported Earnings • Apr 01Third quarter 2023 earnings released: EPS: JP¥43.47 (vs JP¥47.49 in 3Q 2022)Third quarter 2023 results: EPS: JP¥43.47 (down from JP¥47.49 in 3Q 2022). Revenue: JP¥10.1b (down 5.8% from 3Q 2022). Net income: JP¥346.0m (down 8.2% from 3Q 2022). Profit margin: 3.4% (down from 3.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 28Second quarter 2023 earnings released: EPS: JP¥54.16 (vs JP¥56.71 in 2Q 2022)Second quarter 2023 results: EPS: JP¥54.16 (down from JP¥56.71 in 2Q 2022). Revenue: JP¥11.6b (flat on 2Q 2022). Net income: JP¥431.0m (down 4.0% from 2Q 2022). Profit margin: 3.7% (down from 3.9% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 27+ 1 more updateMitachi Co., Ltd. Provides Earnings Guidance for the Full Year Ending 31 May 2023Mitachi Co., Ltd. provided earnings guidance for the full year ending 31 May 2023. For the year ending, the company expects net sales of ¥44,000 million, Operating profit of ¥2,200 million, Profit attributable to owners of parent of ¥1,600 million or ¥200.97 basic per share.お知らせ • Nov 24Mitachi Co., Ltd. to Report Q2, 2023 Results on Dec 27, 2022Mitachi Co., Ltd. announced that they will report Q2, 2023 results on Dec 27, 2022Upcoming Dividend • Nov 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 10 February 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,156, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 65% over the past three years.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. No independent directors (6 non-independent directors). External Director Akimitsu Nakahama was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Oct 02+ 2 more updatesMitachi Co., Ltd. Provides Earnings Guidance for the Six Months Ending November 2022 and Full Year Ending May 2023Mitachi Co., Ltd. provided earnings guidance for the six months ending November 2022 and Full year ending May 2023. For the six months ending November 2022, the company expects net sales of ¥21,000 million, Operating profit of ¥1,400 million, Profit attributable to owners of parent of ¥980 million or ¥123.18 basic per share.For the year ending May 2023, the company expects net sales of ¥42,000 million, Operating profit of ¥2,000 million, Profit attributable to owners of parent of ¥1,435 million or ¥180.37 basic per share.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥877, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 43% over the past three years.Reported Earnings • Sep 04Full year 2022 earnings released: EPS: JP¥185 (vs JP¥84.12 in FY 2021)Full year 2022 results: EPS: JP¥185 (up from JP¥84.12 in FY 2021). Revenue: JP¥42.5b (up 26% from FY 2021). Net income: JP¥1.47b (up 120% from FY 2021). Profit margin: 3.4% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 27Mitachi Co., Ltd. to Report Q1, 2023 Results on Sep 30, 2022Mitachi Co., Ltd. announced that they will report Q1, 2023 results on Sep 30, 2022お知らせ • Jul 17Mitachi Co., Ltd., Annual General Meeting, Aug 26, 2022Mitachi Co., Ltd., Annual General Meeting, Aug 26, 2022.Reported Earnings • Jul 17Full year 2022 earnings released: EPS: JP¥185 (vs JP¥84.12 in FY 2021)Full year 2022 results: EPS: JP¥185 (up from JP¥84.12 in FY 2021). Revenue: JP¥42.5b (up 26% from FY 2021). Net income: JP¥1.47b (up 120% from FY 2021). Profit margin: 3.4% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 15+ 2 more updatesMitachi Co., Ltd. Provides Dividend Guidance for the Full Year Ending May 2023Mitachi Co., Ltd. provided dividend guidance for the full year ending May 2023. For the year, the company expects a dividend of ¥15.00 per share against ¥25.00 per share paid a year ago.お知らせ • May 27Mitachi Co., Ltd. to Report Fiscal Year 2022 Results on Jul 15, 2022Mitachi Co., Ltd. announced that they will report fiscal year 2022 results on Jul 15, 2022Upcoming Dividend • May 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 30 August 2022. Payout ratio is a comfortable 14% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. No independent directors (6 non-independent directors). External Director Akimitsu Nakahama was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 28Third quarter 2022 earnings released: EPS: JP¥47.49 (vs JP¥23.15 in 3Q 2021)Third quarter 2022 results: EPS: JP¥47.49 (up from JP¥23.15 in 3Q 2021). Revenue: JP¥10.8b (up 28% from 3Q 2021). Net income: JP¥377.0m (up 106% from 3Q 2021). Profit margin: 3.5% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.お知らせ • Feb 26Mitachi Co., Ltd. to Report Q3, 2022 Results on Mar 25, 2022Mitachi Co., Ltd. announced that they will report Q3, 2022 results on Mar 25, 2022Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥1,164, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 89% over the past three years.Reported Earnings • Dec 27Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥56.71 (up from JP¥23.28 in 2Q 2021). Revenue: JP¥11.6b (up 26% from 2Q 2021). Net income: JP¥449.0m (up 144% from 2Q 2021). Profit margin: 3.9% (up from 2.0% in 2Q 2021). The increase in margin 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 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 10 February 2022. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,024, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 40% over the past three years.Reported Earnings • Oct 03First quarter 2022 earnings released: EPS JP¥39.72 (vs JP¥2.02 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¥9.83b (up 48% from 1Q 2021). Net income: JP¥314.0m (up JP¥330.0m from 1Q 2021). Profit margin: 3.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Jul 08Full year 2021 earnings released: EPS JP¥84.12 (vs JP¥62.74 in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥33.9b (flat on FY 2020). Net income: JP¥665.0m (up 34% from FY 2020). Profit margin: 2.0% (up from 1.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 31% 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 • Jul 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥855, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 17% over the past three years.お知らせ • Jul 03Mitachi Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending November 2021 and Year Ending May 31, 2021Mitachi Co., Ltd. provided consolidated earnings guidance for the six months ending November 2021 and Year Ending May 31, 2021. For the six months, the company has expects net sales to be ¥18,000 million, Operating profit to be ¥480 million and Profit attributable to owners of parent to be ¥370 million or basic earnings per share to be ¥46.79. For the year, the company has expects net sales to be ¥37,000 million, Operating profit to be ¥1,050 million and Profit attributable to owners of parent to be ¥800 million or basic earnings per share to be ¥101.18.財務状況分析短期負債: 3321の 短期資産 ( ¥44.4B ) が 短期負債 ( ¥28.7B ) を超えています。長期負債: 3321の短期資産 ( ¥44.4B ) が 長期負債 ( ¥569.0M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 3321の 純負債対資本比率 ( 54% ) は 高い と見なされます。負債の削減: 3321の負債対資本比率は、過去 5 年間で6.6%から83.5%に増加しました。債務返済能力: 3321の負債は 営業キャッシュフロー によって 十分にカバーされていません ( 19.9% )。インタレストカバレッジ: 3321の負債に対する 利息支払い は EBIT ( 39.8 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 08:11終値2026/05/21 00:00収益2026/02/28年間収益2025/05/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mitachi Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Katsumi HosoiTokai Tokyo Intelligence Laboratory Co., Ltd.
分析記事 • May 12With EPS Growth And More, Mitachi (TSE:3321) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Reported Earnings • Apr 05Third quarter 2026 earnings released: EPS: JP¥59.09 (vs JP¥63.87 in 3Q 2025)Third quarter 2026 results: EPS: JP¥59.09 (down from JP¥63.87 in 3Q 2025). Revenue: JP¥29.8b (up 2.8% from 3Q 2025). Net income: JP¥471.0m (down 7.5% from 3Q 2025). Profit margin: 1.6% (down from 1.8% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 16% per year.
お知らせ • Apr 02Mitachi Co., Ltd. to Report Q3, 2026 Results on Apr 03, 2026Mitachi Co., Ltd. announced that they will report Q3, 2026 results on Apr 03, 2026
New Risk • Mar 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.3b (US$96.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). 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 (6.8% average weekly change). Market cap is less than US$100m (JP¥15.3b market cap, or US$96.3m).
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,030, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 71% over the past three years.
New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% 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: Minor Risks High level of debt (43% net debt to equity). 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 (5.7% average weekly change).
Declared Dividend • Feb 11First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 28th May 2026 Payment date: 25th August 2026 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 48% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Dec 26Mitachi (TSE:3321) Is Looking To Continue Growing Its Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Dec 26Second quarter 2026 earnings released: EPS: JP¥83.31 (vs JP¥61.63 in 2Q 2025)Second quarter 2026 results: EPS: JP¥83.31 (up from JP¥61.63 in 2Q 2025). Revenue: JP¥30.6b (flat on 2Q 2025). Net income: JP¥664.0m (up 35% from 2Q 2025). Profit margin: 2.2% (up from 1.6% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 26Mitachi Co., Ltd. to Report Q2, 2026 Results on Dec 25, 2025Mitachi Co., Ltd. announced that they will report Q2, 2026 results on Dec 25, 2025
Upcoming Dividend • Nov 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 November 2025. Payment date: 10 February 2026. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).
分析記事 • Oct 09Mitachi (TSE:3321) Has Announced A Dividend Of ¥30.00Mitachi Co., Ltd.'s ( TSE:3321 ) investors are due to receive a payment of ¥30.00 per share on 10th of February. This...
Reported Earnings • Oct 04First quarter 2026 earnings released: EPS: JP¥70.65 (vs JP¥28.50 in 1Q 2025)First quarter 2026 results: EPS: JP¥70.65 (up from JP¥28.50 in 1Q 2025). Revenue: JP¥27.7b (up 199% from 1Q 2025). Net income: JP¥563.0m (up 148% from 1Q 2025). Profit margin: 2.0% (down from 2.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
分析記事 • Sep 08Mitachi (TSE:3321) Has Announced A Dividend Of ¥30.00Mitachi Co., Ltd. ( TSE:3321 ) will pay a dividend of ¥30.00 on the 10th of February. This will take the annual payment...
Declared Dividend • Sep 08Final dividend increased to JP¥30.00Dividend of JP¥30.00 is 20% higher than last year. Ex-date: 27th November 2025 Payment date: 10th February 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 26Mitachi Co., Ltd. to Report Q1, 2026 Results on Oct 03, 2025Mitachi Co., Ltd. announced that they will report Q1, 2026 results on Oct 03, 2025
お知らせ • Jul 06Mitachi Co., Ltd., Annual General Meeting, Aug 22, 2025Mitachi Co., Ltd., Annual General Meeting, Aug 22, 2025.
Reported Earnings • Jul 05Full year 2025 earnings released: EPS: JP¥213 (vs JP¥153 in FY 2024)Full year 2025 results: EPS: JP¥213 (up from JP¥153 in FY 2024). Revenue: JP¥98.2b (up 152% from FY 2024). Net income: JP¥1.70b (up 39% from FY 2024). Profit margin: 1.7% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Jul 04+ 2 more updatesMitachi Co., Ltd. Announces Year-End Cash Dividend For the Fiscal Year Ended May 31, 2025, Payable on August 25, 2025; Provides Cash Dividend Guidance for the Second Quarter of Fiscal Year Ending May 31, 2026Mitachi Co., Ltd. announced year-end cash dividend of JPY 35.00 per share for the fiscal year ended May 31, 2025 compared to JPY 25.00 per share paid a year ago. Dividend payable date (as planned) is August 25, 2025. For the second quarter of fiscal year ending May 31, 2026, the company expects to pay cash dividend of JPY 30.00 per share compared to JPY 25.00 per share paid a year ago.
分析記事 • May 22Mitachi (TSE:3321) Has Affirmed Its Dividend Of ¥25.00Mitachi Co., Ltd. ( TSE:3321 ) will pay a dividend of ¥25.00 on the 26th of August. Based on this payment, the dividend...
お知らせ • May 22Mitachi Co., Ltd. to Report Fiscal Year 2025 Results on Jul 04, 2025Mitachi Co., Ltd. announced that they will report fiscal year 2025 results on Jul 04, 2025
Buy Or Sell Opportunity • Apr 08Now 33% overvaluedOver the last 90 days, the stock has fallen 10% to JP¥1,041. The fair value is estimated to be JP¥785, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 11%.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥941, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 25% over the past three years.
分析記事 • Apr 04Mitachi's (TSE:3321) Dividend Will Be ¥25.00The board of Mitachi Co., Ltd. ( TSE:3321 ) has announced that it will pay a dividend on the 26th of August, with...
Reported Earnings • Apr 02Third quarter 2025 earnings released: EPS: JP¥63.87 (vs JP¥28.12 in 3Q 2024)Third quarter 2025 results: EPS: JP¥63.87 (up from JP¥28.12 in 3Q 2024). Revenue: JP¥29.0b (up 200% from 3Q 2024). Net income: JP¥509.0m (up 127% from 3Q 2024). Profit margin: 1.8% (down from 2.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
分析記事 • Feb 28Mitachi (TSE:3321) Has Announced A Dividend Of ¥25.00Mitachi Co., Ltd.'s ( TSE:3321 ) investors are due to receive a payment of ¥25.00 per share on 26th of August. Based on...
お知らせ • Feb 27Mitachi Co., Ltd. to Report Q3, 2025 Results on Mar 28, 2025Mitachi Co., Ltd. announced that they will report Q3, 2025 results on Mar 28, 2025
分析記事 • Feb 11Mitachi (TSE:3321) Will Pay A Dividend Of ¥25.00Mitachi Co., Ltd.'s ( TSE:3321 ) investors are due to receive a payment of ¥25.00 per share on 26th of August. This...
Declared Dividend • Feb 11First half dividend of JP¥25.00 announcedDividend of JP¥25.00 is the same as last year. Ex-date: 29th May 2025 Payment date: 26th August 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • Jan 03Mitachi (TSE:3321) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Mitachi Co., Ltd.'s ( TSE:3321 ) solid earnings report. We think that investors might be...
New Risk • Dec 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (66% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (JP¥9.39b market cap, or US$59.5m).
Reported Earnings • Dec 28Second quarter 2025 earnings released: EPS: JP¥61.63 (vs JP¥50.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥61.63 (up from JP¥50.49 in 2Q 2024). Revenue: JP¥30.6b (up 195% from 2Q 2024). Net income: JP¥491.0m (up 22% from 2Q 2024). Profit margin: 1.6% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Upcoming Dividend • Nov 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 November 2024. Payment date: 10 February 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
お知らせ • Nov 21Mitachi Co., Ltd. to Report Q2, 2025 Results on Dec 26, 2024Mitachi Co., Ltd. announced that they will report Q2, 2025 results on Dec 26, 2024
Reported Earnings • Oct 09First quarter 2025 earnings released: EPS: JP¥28.50 (vs JP¥38.06 in 1Q 2024)First quarter 2025 results: EPS: JP¥28.50 (down from JP¥38.06 in 1Q 2024). Revenue: JP¥9.27b (down 4.0% from 1Q 2024). Net income: JP¥227.0m (down 25% from 1Q 2024). Profit margin: 2.4% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Declared Dividend • Sep 19Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 28th November 2024 Payment date: 10th February 2025 Dividend yield will be 4.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 27Mitachi Co., Ltd. to Report Q1, 2025 Results on Oct 04, 2024Mitachi Co., Ltd. announced that they will report Q1, 2025 results on Oct 04, 2024
Buy Or Sell Opportunity • Aug 06Now 31% overvaluedOver the last 90 days, the stock has fallen 7.6% to JP¥1,068. The fair value is estimated to be JP¥812, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.7%.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥950, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 36% over the past three years.
Reported Earnings • Jul 08Full year 2024 earnings released: EPS: JP¥153 (vs JP¥213 in FY 2023)Full year 2024 results: EPS: JP¥153 (down from JP¥213 in FY 2023). Revenue: JP¥38.9b (down 10% from FY 2023). Net income: JP¥1.22b (down 28% from FY 2023). Profit margin: 3.1% (down from 3.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 06Mitachi Co., Ltd., Annual General Meeting, Aug 23, 2024Mitachi Co., Ltd., Annual General Meeting, Aug 23, 2024.
分析記事 • May 25Mitachi's (TSE:3321) Dividend Will Be ¥20.00Mitachi Co., Ltd. ( TSE:3321 ) will pay a dividend of ¥20.00 on the 28th of August. The dividend yield of 3.4% is still...
お知らせ • May 25Mitachi Co., Ltd. to Report Fiscal Year 2024 Results on Jul 05, 2024Mitachi Co., Ltd. announced that they will report fiscal year 2024 results on Jul 05, 2024
Upcoming Dividend • May 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).
分析記事 • Apr 26Mitachi (TSE:3321) Is Due To Pay A Dividend Of ¥20.00The board of Mitachi Co., Ltd. ( TSE:3321 ) has announced that it will pay a dividend of ¥20.00 per share on the 28th...
Reported Earnings • Mar 31Third quarter 2024 earnings released: EPS: JP¥28.12 (vs JP¥43.47 in 3Q 2023)Third quarter 2024 results: EPS: JP¥28.12 (down from JP¥43.47 in 3Q 2023). Revenue: JP¥9.67b (down 4.6% from 3Q 2023). Net income: JP¥224.0m (down 35% from 3Q 2023). Profit margin: 2.3% (down from 3.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.
お知らせ • Feb 28Mitachi Co., Ltd. to Report Q3, 2024 Results on Mar 29, 2024Mitachi Co., Ltd. announced that they will report Q3, 2024 results on Mar 29, 2024
分析記事 • Feb 27Mitachi (TSE:3321) Has Announced A Dividend Of ¥20.00The board of Mitachi Co., Ltd. ( TSE:3321 ) has announced that it will pay a dividend on the 28th of August, with...
Reported Earnings • Dec 28Second quarter 2024 earnings released: EPS: JP¥50.49 (vs JP¥54.16 in 2Q 2023)Second quarter 2024 results: EPS: JP¥50.49 (down from JP¥54.16 in 2Q 2023). Revenue: JP¥10.4b (down 11% from 2Q 2023). Net income: JP¥402.0m (down 6.7% from 2Q 2023). Profit margin: 3.9% (up from 3.7% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 27Mitachi Co., Ltd. Announces Dividend for the Second Quarter Ended November 2023, Payable on February 9, 2024; Provides Dividend Guidance for the Year Ending May 31, 2024Mitachi Co., Ltd. announced dividend of JPY 20.00 per share for the second quarter ended November 2023 compared to JPY 30.00 per share paid a year ago. Dividend Payable Date: February 9, 2024.For the year ending May 31, 2024, the company expects to pay dividend of JPY 20.00 per share compared to JPY 35.00 per share paid a year ago.
お知らせ • Nov 24Mitachi Co., Ltd. to Report Q2, 2024 Results on Dec 27, 2023Mitachi Co., Ltd. announced that they will report Q2, 2024 results on Dec 27, 2023
Upcoming Dividend • Nov 22Upcoming dividend of JP¥20.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 13 February 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).
Reported Earnings • Oct 07First quarter 2024 earnings released: EPS: JP¥38.06 (vs JP¥91.69 in 1Q 2023)First quarter 2024 results: EPS: JP¥38.06 (down from JP¥91.69 in 1Q 2023). Revenue: JP¥9.65b (down 20% from 1Q 2023). Net income: JP¥303.0m (down 58% from 1Q 2023). Profit margin: 3.1% (down from 6.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 27Mitachi Co., Ltd. to Report Q1, 2024 Results on Oct 06, 2023Mitachi Co., Ltd. announced that they will report Q1, 2024 results on Oct 06, 2023
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥1,064, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 109% over the past three years.
New Risk • Jul 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 5.9% 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 Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥9.28b market cap, or US$65.7m).
Reported Earnings • Jul 09Full year 2023 earnings released: EPS: JP¥213 (vs JP¥185 in FY 2022)Full year 2023 results: EPS: JP¥213 (up from JP¥185 in FY 2022). Revenue: JP¥43.3b (up 1.8% from FY 2022). Net income: JP¥1.69b (up 16% from FY 2022). Profit margin: 3.9% (up from 3.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 07+ 2 more updatesMitachi Co., Ltd. Provides Dividend Guidance for the Second Quarter Ending November 2023 and Year Ending May 31, 2024Mitachi Co., Ltd. provided dividend guidance for the second quarter ending November 2023 and year ending May 31, 2024. The company expects to pay dividend of JPY 20.00 per share compared to JPY 30.00 per share paid a year ago.The company expects to pay year end dividend of JPY 20.00 per share compared to JPY 35.00 per share paid a year ago.
お知らせ • May 31Mitachi Co., Ltd. to Report Fiscal Year 2023 Results on Jul 07, 2023Mitachi Co., Ltd. announced that they will report fiscal year 2023 results on Jul 07, 2023
Upcoming Dividend • May 23Upcoming dividend of JP¥35.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 29 August 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
Reported Earnings • Apr 01Third quarter 2023 earnings released: EPS: JP¥43.47 (vs JP¥47.49 in 3Q 2022)Third quarter 2023 results: EPS: JP¥43.47 (down from JP¥47.49 in 3Q 2022). Revenue: JP¥10.1b (down 5.8% from 3Q 2022). Net income: JP¥346.0m (down 8.2% from 3Q 2022). Profit margin: 3.4% (down from 3.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 28Second quarter 2023 earnings released: EPS: JP¥54.16 (vs JP¥56.71 in 2Q 2022)Second quarter 2023 results: EPS: JP¥54.16 (down from JP¥56.71 in 2Q 2022). Revenue: JP¥11.6b (flat on 2Q 2022). Net income: JP¥431.0m (down 4.0% from 2Q 2022). Profit margin: 3.7% (down from 3.9% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 27+ 1 more updateMitachi Co., Ltd. Provides Earnings Guidance for the Full Year Ending 31 May 2023Mitachi Co., Ltd. provided earnings guidance for the full year ending 31 May 2023. For the year ending, the company expects net sales of ¥44,000 million, Operating profit of ¥2,200 million, Profit attributable to owners of parent of ¥1,600 million or ¥200.97 basic per share.
お知らせ • Nov 24Mitachi Co., Ltd. to Report Q2, 2023 Results on Dec 27, 2022Mitachi Co., Ltd. announced that they will report Q2, 2023 results on Dec 27, 2022
Upcoming Dividend • Nov 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 10 February 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,156, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 65% over the past three years.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. No independent directors (6 non-independent directors). External Director Akimitsu Nakahama was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Oct 02+ 2 more updatesMitachi Co., Ltd. Provides Earnings Guidance for the Six Months Ending November 2022 and Full Year Ending May 2023Mitachi Co., Ltd. provided earnings guidance for the six months ending November 2022 and Full year ending May 2023. For the six months ending November 2022, the company expects net sales of ¥21,000 million, Operating profit of ¥1,400 million, Profit attributable to owners of parent of ¥980 million or ¥123.18 basic per share.For the year ending May 2023, the company expects net sales of ¥42,000 million, Operating profit of ¥2,000 million, Profit attributable to owners of parent of ¥1,435 million or ¥180.37 basic per share.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥877, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Sep 04Full year 2022 earnings released: EPS: JP¥185 (vs JP¥84.12 in FY 2021)Full year 2022 results: EPS: JP¥185 (up from JP¥84.12 in FY 2021). Revenue: JP¥42.5b (up 26% from FY 2021). Net income: JP¥1.47b (up 120% from FY 2021). Profit margin: 3.4% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 27Mitachi Co., Ltd. to Report Q1, 2023 Results on Sep 30, 2022Mitachi Co., Ltd. announced that they will report Q1, 2023 results on Sep 30, 2022
お知らせ • Jul 17Mitachi Co., Ltd., Annual General Meeting, Aug 26, 2022Mitachi Co., Ltd., Annual General Meeting, Aug 26, 2022.
Reported Earnings • Jul 17Full year 2022 earnings released: EPS: JP¥185 (vs JP¥84.12 in FY 2021)Full year 2022 results: EPS: JP¥185 (up from JP¥84.12 in FY 2021). Revenue: JP¥42.5b (up 26% from FY 2021). Net income: JP¥1.47b (up 120% from FY 2021). Profit margin: 3.4% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 15+ 2 more updatesMitachi Co., Ltd. Provides Dividend Guidance for the Full Year Ending May 2023Mitachi Co., Ltd. provided dividend guidance for the full year ending May 2023. For the year, the company expects a dividend of ¥15.00 per share against ¥25.00 per share paid a year ago.
お知らせ • May 27Mitachi Co., Ltd. to Report Fiscal Year 2022 Results on Jul 15, 2022Mitachi Co., Ltd. announced that they will report fiscal year 2022 results on Jul 15, 2022
Upcoming Dividend • May 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 30 August 2022. Payout ratio is a comfortable 14% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. No independent directors (6 non-independent directors). External Director Akimitsu Nakahama was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 28Third quarter 2022 earnings released: EPS: JP¥47.49 (vs JP¥23.15 in 3Q 2021)Third quarter 2022 results: EPS: JP¥47.49 (up from JP¥23.15 in 3Q 2021). Revenue: JP¥10.8b (up 28% from 3Q 2021). Net income: JP¥377.0m (up 106% from 3Q 2021). Profit margin: 3.5% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Feb 26Mitachi Co., Ltd. to Report Q3, 2022 Results on Mar 25, 2022Mitachi Co., Ltd. announced that they will report Q3, 2022 results on Mar 25, 2022
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥1,164, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 89% over the past three years.
Reported Earnings • Dec 27Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥56.71 (up from JP¥23.28 in 2Q 2021). Revenue: JP¥11.6b (up 26% from 2Q 2021). Net income: JP¥449.0m (up 144% from 2Q 2021). Profit margin: 3.9% (up from 2.0% in 2Q 2021). The increase in margin 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 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 10 February 2022. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,024, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 40% over the past three years.
Reported Earnings • Oct 03First quarter 2022 earnings released: EPS JP¥39.72 (vs JP¥2.02 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¥9.83b (up 48% from 1Q 2021). Net income: JP¥314.0m (up JP¥330.0m from 1Q 2021). Profit margin: 3.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Jul 08Full year 2021 earnings released: EPS JP¥84.12 (vs JP¥62.74 in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥33.9b (flat on FY 2020). Net income: JP¥665.0m (up 34% from FY 2020). Profit margin: 2.0% (up from 1.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 31% 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 • Jul 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥855, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 17% over the past three years.
お知らせ • Jul 03Mitachi Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending November 2021 and Year Ending May 31, 2021Mitachi Co., Ltd. provided consolidated earnings guidance for the six months ending November 2021 and Year Ending May 31, 2021. For the six months, the company has expects net sales to be ¥18,000 million, Operating profit to be ¥480 million and Profit attributable to owners of parent to be ¥370 million or basic earnings per share to be ¥46.79. For the year, the company has expects net sales to be ¥37,000 million, Operating profit to be ¥1,050 million and Profit attributable to owners of parent to be ¥800 million or basic earnings per share to be ¥101.18.