Nippon Kodoshi（3891）株式概要日本コドシ株式会社は、国内外でセパレーターを製造・販売している。 詳細3891 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長4/6過去の実績4/6財務の健全性5/6配当金3/6報酬収益は年間20.21%増加すると予測されています 過去1年間で収益は92.4%増加しました 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3891 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW481,888 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA481,888 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥7.18k24.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-239m38b2016201920222025202620282031Revenue JP¥37.7bEarnings JP¥6.2bAdvancedSet Fair ValueView all narrativesNippon Kodoshi Corporation 競合他社TamuraSymbol: TSE:6768Market cap: JP¥67.8bNippon CeramicSymbol: TSE:6929Market cap: JP¥77.9bNihon Dempa KogyoSymbol: TSE:6779Market cap: JP¥67.2bIriso ElectronicsSymbol: TSE:6908Market cap: JP¥60.0b価格と性能株価の高値、安値、推移の概要Nippon Kodoshi過去の株価現在の株価JP¥6,750.0052週高値JP¥11,110.0052週安値JP¥2,055.00ベータ1.271ヶ月の変化-15.73%3ヶ月変化6.64%1年変化221.89%3年間の変化214.39%5年間の変化93.69%IPOからの変化182.27%最新ニュースReported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥120 (vs JP¥56.67 in 1Q 2026)First quarter 2027 results: EPS: JP¥120 (up from JP¥56.67 in 1Q 2026). Revenue: JP¥6.05b (up 30% from 1Q 2026). Net income: JP¥1.27b (up 112% from 1Q 2026). Profit margin: 21% (up from 13% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥6,020, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 209% over the past three years.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥8,090, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 312% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,733 per share.Buy Or Sell Opportunity • Jun 29Now 21% undervaluedOver the last 90 days, the stock has risen 189% to JP¥9,940. The fair value is estimated to be JP¥12,549, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Reported Earnings • Jun 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥251 (up from JP¥168 in FY 2025). Revenue: JP¥18.6b (up 16% from FY 2025). Net income: JP¥2.64b (up 48% from FY 2025). Profit margin: 14% (up from 11% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥10,750, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 490% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,506 per share.最新情報をもっと見るRecent updatesReported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥120 (vs JP¥56.67 in 1Q 2026)First quarter 2027 results: EPS: JP¥120 (up from JP¥56.67 in 1Q 2026). Revenue: JP¥6.05b (up 30% from 1Q 2026). Net income: JP¥1.27b (up 112% from 1Q 2026). Profit margin: 21% (up from 13% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥6,020, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 209% over the past three years.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥8,090, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 312% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,733 per share.Buy Or Sell Opportunity • Jun 29Now 21% undervaluedOver the last 90 days, the stock has risen 189% to JP¥9,940. The fair value is estimated to be JP¥12,549, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Reported Earnings • Jun 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥251 (up from JP¥168 in FY 2025). Revenue: JP¥18.6b (up 16% from FY 2025). Net income: JP¥2.64b (up 48% from FY 2025). Profit margin: 14% (up from 11% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥10,750, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 490% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,506 per share.分析記事 • Jun 20Is Now The Time To Put Nippon Kodoshi (TSE:3891) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...お知らせ • Jun 13Nippon Kodoshi Corporation to Report Q1, 2027 Results on Jul 31, 2026Nippon Kodoshi Corporation announced that they will report Q1, 2027 results on Jul 31, 2026Buy Or Sell Opportunity • Jun 10Now 26% undervaluedOver the last 90 days, the stock has risen 126% to JP¥9,240. The fair value is estimated to be JP¥12,563, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥9,170, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 426% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,394 per share.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥7,460, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,396 per share.Reported Earnings • Apr 25Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥251 (up from JP¥168 in FY 2025). Revenue: JP¥18.6b (up 16% from FY 2025). Net income: JP¥2.64b (up 48% from FY 2025). Profit margin: 14% (up from 11% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 24Nippon Kodoshi Corporation, Annual General Meeting, Jun 24, 2026Nippon Kodoshi Corporation, Annual General Meeting, Jun 24, 2026.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥5,150, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 185% over the past three years.お知らせ • Apr 21Nippon Kodoshi Corporation to Report Fiscal Year 2026 Results on Apr 24, 2026Nippon Kodoshi Corporation announced that they will report fiscal year 2026 results on Apr 24, 2026New Risk • Mar 30New 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 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 22 June 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥4,060, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 126% over the past three years.Reported Earnings • Jan 30Third quarter 2026 earnings released: EPS: JP¥72.44 (vs JP¥35.15 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.44 (up from JP¥35.15 in 3Q 2025). Revenue: JP¥4.54b (up 14% from 3Q 2025). Net income: JP¥764.0m (up 104% from 3Q 2025). Profit margin: 17% (up from 9.4% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. 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 21% per year, which means it is well ahead of earnings.New Risk • Jan 26New 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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.4% average weekly change).分析記事 • Dec 25Nippon Kodoshi Corporation (TSE:3891) Looks Just Right With A 25% Price JumpDespite an already strong run, Nippon Kodoshi Corporation ( TSE:3891 ) shares have been powering on, with a gain of 25...お知らせ • Dec 23Nippon Kodoshi Corporation to Report Q3, 2026 Results on Jan 29, 2026Nippon Kodoshi Corporation announced that they will report Q3, 2026 results on Jan 29, 2026Reported Earnings • Oct 31Second quarter 2026 earnings released: EPS: JP¥61.25 (vs JP¥49.43 in 2Q 2025)Second quarter 2026 results: EPS: JP¥61.25 (up from JP¥49.43 in 2Q 2025). Revenue: JP¥4.70b (up 8.9% from 2Q 2025). Net income: JP¥646.0m (up 23% from 2Q 2025). Profit margin: 14% (up from 12% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,730, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 51% over the past three years.分析記事 • Oct 30Market Still Lacking Some Conviction On Nippon Kodoshi Corporation (TSE:3891)There wouldn't be many who think Nippon Kodoshi Corporation's ( TSE:3891 ) price-to-earnings (or "P/E") ratio of 15.6x...Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).お知らせ • Sep 17Nippon Kodoshi Corporation to Report Q2, 2026 Results on Oct 30, 2025Nippon Kodoshi Corporation announced that they will report Q2, 2026 results on Oct 30, 2025Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥56.67 (vs JP¥61.79 in 1Q 2025)First quarter 2026 results: EPS: JP¥56.67 (down from JP¥61.79 in 1Q 2025). Revenue: JP¥4.65b (up 19% from 1Q 2025). Net income: JP¥597.0m (down 9.1% from 1Q 2025). Profit margin: 13% (down from 17% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Jun 20Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥168 (up from JP¥139 in FY 2024). Revenue: JP¥16.0b (up 8.1% from FY 2024). Net income: JP¥1.78b (up 20% from FY 2024). Profit margin: 11% (up from 10.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Jun 12Nippon Kodoshi Corporation to Report Q1, 2026 Results on Jul 31, 2025Nippon Kodoshi Corporation announced that they will report Q1, 2026 results on Jul 31, 2025分析記事 • May 07Market Might Still Lack Some Conviction On Nippon Kodoshi Corporation (TSE:3891) Even After 31% Share Price BoostThose holding Nippon Kodoshi Corporation ( TSE:3891 ) shares would be relieved that the share price has rebounded 31...Reported Earnings • Apr 25Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥168 (up from JP¥139 in FY 2024). Revenue: JP¥16.0b (up 8.1% from FY 2024). Net income: JP¥1.78b (up 20% from FY 2024). Profit margin: 11% (up from 10.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Apr 24Nippon Kodoshi Corporation, Annual General Meeting, Jun 19, 2025Nippon Kodoshi Corporation, Annual General Meeting, Jun 19, 2025.New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥14.5b market cap, or US$99.0m).Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,496, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 24% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 23 June 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).お知らせ • Mar 18Nippon Kodoshi Corporation (TSE:3891) announces an Equity Buyback for 120,000 shares, representing 1.13% for ¥240 million.Nippon Kodoshi Corporation (TSE:3891) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 1.13% of its issued share capital (excluding treasury stock), for a total purchase price of ¥240 million. The shares will be repurchased at closing price of March 17, 2025. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of December 31, 2024, the company has 10,640,667 issued shares (excluding treasury stock) and 163,915 treasury shares.お知らせ • Mar 08Nippon Kodoshi Corporation to Report Fiscal Year 2025 Results on Apr 24, 2025Nippon Kodoshi Corporation announced that they will report fiscal year 2025 results on Apr 24, 2025Major Estimate Revision • Feb 06Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥16.5b to JP¥16.0b. EPS estimate also fell from JP¥197 per share to JP¥169 per share. Net income forecast to grow 22% next year vs 13% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥3,000 to JP¥2,800. Share price fell 4.3% to JP¥1,812 over the past week.分析記事 • Feb 02Nippon Kodoshi Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedNippon Kodoshi Corporation ( TSE:3891 ) shareholders are probably feeling a little disappointed, since its shares fell...Reported Earnings • Jan 31Third quarter 2025 earnings released: EPS: JP¥35.15 (vs JP¥23.51 in 3Q 2024)Third quarter 2025 results: EPS: JP¥35.15 (up from JP¥23.51 in 3Q 2024). Revenue: JP¥3.97b (up 14% from 3Q 2024). Net income: JP¥374.0m (up 50% from 3Q 2024). Profit margin: 9.4% (up from 7.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Dec 12Nippon Kodoshi Corporation to Report Q3, 2025 Results on Jan 30, 2025Nippon Kodoshi Corporation announced that they will report Q3, 2025 results on Jan 30, 2025Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥49.43 (vs JP¥47.21 in 2Q 2024)Second quarter 2025 results: EPS: JP¥49.43 (up from JP¥47.21 in 2Q 2024). Revenue: JP¥4.32b (up 14% from 2Q 2024). Net income: JP¥526.0m (up 4.8% from 2Q 2024). Profit margin: 12% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Sep 20Nippon Kodoshi Corporation to Report Q2, 2025 Results on Oct 31, 2024Nippon Kodoshi Corporation announced that they will report Q2, 2025 results on Oct 31, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).分析記事 • Aug 05Take Care Before Jumping Onto Nippon Kodoshi Corporation (TSE:3891) Even Though It's 27% CheaperNippon Kodoshi Corporation ( TSE:3891 ) shares have had a horrible month, losing 27% after a relatively good period...Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥61.79 (vs JP¥55.87 in 1Q 2024)First quarter 2025 results: EPS: JP¥61.79 (up from JP¥55.87 in 1Q 2024). Revenue: JP¥3.90b (down 2.5% from 1Q 2024). Net income: JP¥657.0m (up 10% from 1Q 2024). Profit margin: 17% (up from 15% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 16% per year.New Risk • Aug 02New 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 5.4% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change).Major Estimate Revision • Aug 02Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥179 to JP¥207. Revenue forecast unchanged at JP¥16.0b. Net income forecast to grow 49% next year vs 12% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥2,700 to JP¥3,000. Share price was steady at JP¥2,150 over the past week.Buy Or Sell Opportunity • Jul 18Now 23% undervaluedOver the last 90 days, the stock has risen 18% to JP¥2,247. The fair value is estimated to be JP¥2,904, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.Reported Earnings • Jun 26Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥139 (down from JP¥229 in FY 2023). Revenue: JP¥14.8b (down 16% from FY 2023). Net income: JP¥1.48b (down 40% from FY 2023). Profit margin: 10.0% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 15% per year.お知らせ • Jun 23Nippon Kodoshi Corporation to Report Q1, 2025 Results on Jul 31, 2024Nippon Kodoshi Corporation announced that they will report Q1, 2025 results on Jul 31, 2024Buy Or Sell Opportunity • May 29Now 20% undervaluedOver the last 90 days, the stock has risen 12% to JP¥2,000. The fair value is estimated to be JP¥2,509, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.分析記事 • Apr 28Nippon Kodoshi Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for Nippon Kodoshi Corporation ( TSE:3891 ) shareholders, because the company has just released...お知らせ • Apr 27Nippon Kodoshi Corporation, Annual General Meeting, Jun 20, 2024Nippon Kodoshi Corporation, Annual General Meeting, Jun 20, 2024.Price Target Changed • Apr 26Price target increased by 8.0% to JP¥2,700Up from JP¥2,500, the current price target is provided by 1 analyst. New target price is 37% above last closing price of JP¥1,976. Stock is up 0.2% over the past year. The company is forecast to post earnings per share of JP¥179 for next year compared to JP¥139 last year.Buy Or Sell Opportunity • Apr 26Now 22% undervaluedOver the last 90 days, the stock has risen 7.2% to JP¥1,976. The fair value is estimated to be JP¥2,547, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.Reported Earnings • Apr 25Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥139 (down from JP¥229 in FY 2023). Revenue: JP¥14.8b (down 16% from FY 2023). Net income: JP¥1.48b (down 40% from FY 2023). Profit margin: 10.0% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year.Buy Or Sell Opportunity • Mar 27Now 20% undervaluedOver the last 90 days, the stock has risen 5.3% to JP¥1,855. The fair value is estimated to be JP¥2,324, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).お知らせ • Mar 09Nippon Kodoshi Corporation to Report Fiscal Year 2024 Results on Apr 24, 2024Nippon Kodoshi Corporation announced that they will report fiscal year 2024 results on Apr 24, 2024Buy Or Sell Opportunity • Mar 08Now 21% undervaluedOver the last 90 days, the stock has risen 4.6% to JP¥1,827. The fair value is estimated to be JP¥2,314, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.Major Estimate Revision • Feb 07Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥16.0b to JP¥15.0b. EPS estimate also fell from JP¥179 per share to JP¥151 per share. Net income forecast to grow 5.8% next year vs 11% growth forecast for Electronic industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price fell 6.8% to JP¥1,717 over the past week.Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥23.51 (vs JP¥51.43 in 3Q 2023)Third quarter 2024 results: EPS: JP¥23.51 (down from JP¥51.43 in 3Q 2023). Revenue: JP¥3.48b (down 23% from 3Q 2023). Net income: JP¥250.0m (down 55% from 3Q 2023). Profit margin: 7.2% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Buying Opportunity • Jan 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.9%. The fair value is estimated to be JP¥2,217, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 4.7% in the next 2 years.お知らせ • Dec 23Nippon Kodoshi Corporation to Report Q3, 2024 Results on Jan 31, 2024Nippon Kodoshi Corporation announced that they will report Q3, 2024 results on Jan 31, 2024Buying Opportunity • Nov 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be JP¥2,274, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 4.7% in the next 2 years.Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥47.21 (vs JP¥61.46 in 2Q 2023)Second quarter 2024 results: EPS: JP¥47.21 (down from JP¥61.46 in 2Q 2023). Revenue: JP¥3.80b (down 12% from 2Q 2023). Net income: JP¥502.0m (down 24% from 2Q 2023). Profit margin: 13% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).お知らせ • Sep 14Nippon Kodoshi Corporation to Report Q2, 2024 Results on Oct 31, 2023Nippon Kodoshi Corporation announced that they will report Q2, 2024 results on Oct 31, 2023Buying Opportunity • Aug 17Now 22% undervaluedOver the last 90 days, the stock is up 6.8%. The fair value is estimated to be JP¥2,725, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 16% in the next 2 years.Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥55.87 (vs JP¥87.91 in 1Q 2023)First quarter 2024 results: EPS: JP¥55.87 (down from JP¥87.91 in 1Q 2023). Revenue: JP¥4.00b (down 15% from 1Q 2023). Net income: JP¥597.0m (down 37% from 1Q 2023). Profit margin: 15% (down from 20% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.Reported Earnings • Jun 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥229 (down from JP¥271 in FY 2022). Revenue: JP¥17.6b (down 2.7% from FY 2022). Net income: JP¥2.47b (down 15% from FY 2022). Profit margin: 14% (down from 16% in FY 2022). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 8.6%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 26Nippon Kodoshi Corporation to Report Q1, 2024 Results on Jul 31, 2023Nippon Kodoshi Corporation announced that they will report Q1, 2024 results on Jul 31, 2023Price Target Changed • May 07Price target decreased by 17% to JP¥2,500Down from JP¥3,000, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥1,991. Stock is down 2.1% over the past year. The company is forecast to post earnings per share of JP¥204 for next year compared to JP¥229 last year.Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥229 (down from JP¥271 in FY 2022). Revenue: JP¥17.6b (down 2.7% from FY 2022). Net income: JP¥2.47b (down 15% from FY 2022). Profit margin: 14% (down from 16% in FY 2022). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 8.6%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 33% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.6%).Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥51.43 (vs JP¥69.79 in 3Q 2022)Third quarter 2023 results: EPS: JP¥51.43 (down from JP¥69.79 in 3Q 2022). Revenue: JP¥4.51b (up 1.5% from 3Q 2022). Net income: JP¥554.0m (down 26% from 3Q 2022). Profit margin: 12% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 18Nippon Kodoshi Corporation to Report Q3, 2023 Results on Jan 31, 2023Nippon Kodoshi Corporation announced that they will report Q3, 2023 results on Jan 31, 2023Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Outside Audit & Supervisory Board Member Satoru Terada is the most experienced director on the board, commencing their role in 2015. Independent Outside Director Takaaki Iwaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥61.46 (vs JP¥60.40 in 2Q 2022)Second quarter 2023 results: EPS: JP¥61.46 (up from JP¥60.40 in 2Q 2022). Revenue: JP¥4.31b (down 2.7% from 2Q 2022). Net income: JP¥662.0m (up 1.8% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 28Nippon Kodoshi Corporation to Report Q2, 2023 Results on Oct 31, 2022Nippon Kodoshi Corporation announced that they will report Q2, 2023 results on Oct 31, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%).Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥87.91 (vs JP¥86.65 in 1Q 2022)First quarter 2023 results: EPS: JP¥87.91 (up from JP¥86.65 in 1Q 2022). Revenue: JP¥4.69b (flat on 1Q 2022). Net income: JP¥946.0m (up 1.5% from 1Q 2022). Profit margin: 20% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 5.9%, compared to a 9.9% growth forecast for the industry in Japan. 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 13% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 24Nippon Kodoshi Corporation to Report Q1, 2023 Results on Jul 29, 2022Nippon Kodoshi Corporation announced that they will report Q1, 2023 results on Jul 29, 2022Reported Earnings • Apr 28Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥271 (up from JP¥186 in FY 2021). Revenue: JP¥18.1b (up 14% from FY 2021). Net income: JP¥2.92b (up 46% from FY 2021). Profit margin: 16% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 2.4%, compared to a 8.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target decreased to JP¥3,000Down from JP¥4,500, the current price target is provided by 1 analyst. New target price is 51% above last closing price of JP¥1,982. Stock is down 45% over the past year. The company is forecast to post earnings per share of JP¥260 for next year compared to JP¥186 last year.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Outside Audit & Supervisory Board Member Satoru Terada is the most experienced director on the board, commencing their role in 2015. Independent Outside Director Takaaki Iwaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 07Nippon Kodoshi Corporation to Report Fiscal Year 2022 Results on Apr 26, 2022Nippon Kodoshi Corporation announced that they will report fiscal year 2022 results on Apr 26, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 17 June 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.3%).Reported Earnings • Feb 02Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥69.79 (up from JP¥50.39 in 3Q 2021). Revenue: JP¥4.45b (flat on 3Q 2021). Net income: JP¥751.0m (up 39% from 3Q 2021). Profit margin: 17% (up from 12% in 3Q 2021). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Over the next year, revenue is forecast to stay flat compared to a 9.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Dec 02Consensus EPS estimates fall to JP¥251The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥18.0b to JP¥17.7b. EPS estimate also fell from JP¥284 to JP¥251. Net income forecast to shrink 6.3% next year vs 12% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥4,500 to JP¥3,000. Share price fell 7.2% to JP¥2,564 over the past week.Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥3,695, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 38% over the past three years.Reported Earnings • Aug 04First quarter 2022 earnings released: EPS JP¥86.65 (vs JP¥43.32 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.69b (up 25% from 1Q 2021). Net income: JP¥932.0m (up 100% from 1Q 2021). Profit margin: 20% (up from 12% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥4,085, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 42% over the past three years.Reported Earnings • Jun 21Full year 2021 earnings released: EPS JP¥186 (vs JP¥64.24 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥15.9b (up 22% from FY 2020). Net income: JP¥2.01b (up 190% from FY 2020). Profit margin: 13% (up from 5.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jun 01Consensus revenue estimates increase to JP¥18.0bThe consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from JP¥16.0b to JP¥18.0b. EPS estimate increased from JP¥186 to JP¥232 per share. Net income forecast to shrink 0.3% next year vs 21% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥2,844 to JP¥3,200. Share price rose 18% to JP¥3,810 over the past week.株主還元3891JP ElectronicJP 市場7D-0.9%2.7%1.8%1Y221.9%83.5%33.6%株主還元を見る業界別リターン: 3891過去 1 年間で83.5 % 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: 3891過去 1 年間で33.6 % の収益を上げたJP市場を上回りました。価格変動Is 3891's price volatile compared to industry and market?3891 volatility3891 Average Weekly Movement13.6%Electronic Industry Average Movement7.3%Market Average Movement4.4%10% most volatile stocks in JP Market9.4%10% least volatile stocks in JP Market2.2%安定した株価: 3891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: 3891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1941462Shunji Chikamoriwww.kodoshi.co.jp日本光電株式会社は、日本および海外でセパレータの製造・販売を行っています。同社は、低・中・高電圧用アルミニウム電解コンデンサ、導電性高分子固体コンデンサ、ハイブリッドコンデンサ、リチウムイオン電池用セルリオンセパレータ、ならびに電気二重層コンデンサおよびリチウムイオンコンデンサ向けのセパレータを提供しています。 また、リチウムイオン電池向けのセパレータも提供している。同社は1941年に設立され、本社は日本の高知県にある。もっと見るNippon Kodoshi Corporation 基礎のまとめNippon Kodoshi の収益と売上を時価総額と比較するとどうか。3891 基礎統計学時価総額JP¥71.19b収益（TTM）JP¥3.31b売上高(TTM)JP¥20.03b21.5xPER（株価収益率3.6xP/Sレシオ3891 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3891 損益計算書（TTM）収益JP¥20.03b売上原価JP¥13.32b売上総利益JP¥6.71bその他の費用JP¥3.40b収益JP¥3.31b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）314.04グロス・マージン33.50%純利益率16.53%有利子負債／自己資本比率20.7%3891 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1.6%現在の配当利回り29%配当性向3891 配当は確実ですか？3891 配当履歴とベンチマークを見る3891 、いつまでに購入すれば配当金を受け取れますか？Nippon Kodoshi 配当日配当落ち日Sep 29 2026配当支払日Dec 02 2026配当落ちまでの日数49 days配当支払日までの日数113 days3891 配当は確実ですか？3891 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2026/08/10 23:42終値2026/08/10 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nippon Kodoshi Corporation 2 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。3 アナリスト機関Shiho NamikawaDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.Yoshinori IgawaMizuho Securities Co., Ltd.
Reported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥120 (vs JP¥56.67 in 1Q 2026)First quarter 2027 results: EPS: JP¥120 (up from JP¥56.67 in 1Q 2026). Revenue: JP¥6.05b (up 30% from 1Q 2026). Net income: JP¥1.27b (up 112% from 1Q 2026). Profit margin: 21% (up from 13% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥6,020, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 209% over the past three years.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥8,090, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 312% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,733 per share.
Buy Or Sell Opportunity • Jun 29Now 21% undervaluedOver the last 90 days, the stock has risen 189% to JP¥9,940. The fair value is estimated to be JP¥12,549, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Reported Earnings • Jun 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥251 (up from JP¥168 in FY 2025). Revenue: JP¥18.6b (up 16% from FY 2025). Net income: JP¥2.64b (up 48% from FY 2025). Profit margin: 14% (up from 11% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥10,750, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 490% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,506 per share.
Reported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥120 (vs JP¥56.67 in 1Q 2026)First quarter 2027 results: EPS: JP¥120 (up from JP¥56.67 in 1Q 2026). Revenue: JP¥6.05b (up 30% from 1Q 2026). Net income: JP¥1.27b (up 112% from 1Q 2026). Profit margin: 21% (up from 13% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥6,020, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 209% over the past three years.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥8,090, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 312% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,733 per share.
Buy Or Sell Opportunity • Jun 29Now 21% undervaluedOver the last 90 days, the stock has risen 189% to JP¥9,940. The fair value is estimated to be JP¥12,549, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Reported Earnings • Jun 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥251 (up from JP¥168 in FY 2025). Revenue: JP¥18.6b (up 16% from FY 2025). Net income: JP¥2.64b (up 48% from FY 2025). Profit margin: 14% (up from 11% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥10,750, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 490% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,506 per share.
分析記事 • Jun 20Is Now The Time To Put Nippon Kodoshi (TSE:3891) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
お知らせ • Jun 13Nippon Kodoshi Corporation to Report Q1, 2027 Results on Jul 31, 2026Nippon Kodoshi Corporation announced that they will report Q1, 2027 results on Jul 31, 2026
Buy Or Sell Opportunity • Jun 10Now 26% undervaluedOver the last 90 days, the stock has risen 126% to JP¥9,240. The fair value is estimated to be JP¥12,563, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥9,170, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 426% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,394 per share.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥7,460, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 301% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,396 per share.
Reported Earnings • Apr 25Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥251 (up from JP¥168 in FY 2025). Revenue: JP¥18.6b (up 16% from FY 2025). Net income: JP¥2.64b (up 48% from FY 2025). Profit margin: 14% (up from 11% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 24Nippon Kodoshi Corporation, Annual General Meeting, Jun 24, 2026Nippon Kodoshi Corporation, Annual General Meeting, Jun 24, 2026.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥5,150, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 185% over the past three years.
お知らせ • Apr 21Nippon Kodoshi Corporation to Report Fiscal Year 2026 Results on Apr 24, 2026Nippon Kodoshi Corporation announced that they will report fiscal year 2026 results on Apr 24, 2026
New Risk • Mar 30New 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 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 22 June 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥4,060, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 126% over the past three years.
Reported Earnings • Jan 30Third quarter 2026 earnings released: EPS: JP¥72.44 (vs JP¥35.15 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.44 (up from JP¥35.15 in 3Q 2025). Revenue: JP¥4.54b (up 14% from 3Q 2025). Net income: JP¥764.0m (up 104% from 3Q 2025). Profit margin: 17% (up from 9.4% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. 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 21% per year, which means it is well ahead of earnings.
New Risk • Jan 26New 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 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.4% average weekly change).
分析記事 • Dec 25Nippon Kodoshi Corporation (TSE:3891) Looks Just Right With A 25% Price JumpDespite an already strong run, Nippon Kodoshi Corporation ( TSE:3891 ) shares have been powering on, with a gain of 25...
お知らせ • Dec 23Nippon Kodoshi Corporation to Report Q3, 2026 Results on Jan 29, 2026Nippon Kodoshi Corporation announced that they will report Q3, 2026 results on Jan 29, 2026
Reported Earnings • Oct 31Second quarter 2026 earnings released: EPS: JP¥61.25 (vs JP¥49.43 in 2Q 2025)Second quarter 2026 results: EPS: JP¥61.25 (up from JP¥49.43 in 2Q 2025). Revenue: JP¥4.70b (up 8.9% from 2Q 2025). Net income: JP¥646.0m (up 23% from 2Q 2025). Profit margin: 14% (up from 12% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,730, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 51% over the past three years.
分析記事 • Oct 30Market Still Lacking Some Conviction On Nippon Kodoshi Corporation (TSE:3891)There wouldn't be many who think Nippon Kodoshi Corporation's ( TSE:3891 ) price-to-earnings (or "P/E") ratio of 15.6x...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
お知らせ • Sep 17Nippon Kodoshi Corporation to Report Q2, 2026 Results on Oct 30, 2025Nippon Kodoshi Corporation announced that they will report Q2, 2026 results on Oct 30, 2025
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥56.67 (vs JP¥61.79 in 1Q 2025)First quarter 2026 results: EPS: JP¥56.67 (down from JP¥61.79 in 1Q 2025). Revenue: JP¥4.65b (up 19% from 1Q 2025). Net income: JP¥597.0m (down 9.1% from 1Q 2025). Profit margin: 13% (down from 17% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jun 20Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥168 (up from JP¥139 in FY 2024). Revenue: JP¥16.0b (up 8.1% from FY 2024). Net income: JP¥1.78b (up 20% from FY 2024). Profit margin: 11% (up from 10.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 12Nippon Kodoshi Corporation to Report Q1, 2026 Results on Jul 31, 2025Nippon Kodoshi Corporation announced that they will report Q1, 2026 results on Jul 31, 2025
分析記事 • May 07Market Might Still Lack Some Conviction On Nippon Kodoshi Corporation (TSE:3891) Even After 31% Share Price BoostThose holding Nippon Kodoshi Corporation ( TSE:3891 ) shares would be relieved that the share price has rebounded 31...
Reported Earnings • Apr 25Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥168 (up from JP¥139 in FY 2024). Revenue: JP¥16.0b (up 8.1% from FY 2024). Net income: JP¥1.78b (up 20% from FY 2024). Profit margin: 11% (up from 10.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 24Nippon Kodoshi Corporation, Annual General Meeting, Jun 19, 2025Nippon Kodoshi Corporation, Annual General Meeting, Jun 19, 2025.
New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥14.5b market cap, or US$99.0m).
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,496, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 24% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 23 June 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
お知らせ • Mar 18Nippon Kodoshi Corporation (TSE:3891) announces an Equity Buyback for 120,000 shares, representing 1.13% for ¥240 million.Nippon Kodoshi Corporation (TSE:3891) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 1.13% of its issued share capital (excluding treasury stock), for a total purchase price of ¥240 million. The shares will be repurchased at closing price of March 17, 2025. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of December 31, 2024, the company has 10,640,667 issued shares (excluding treasury stock) and 163,915 treasury shares.
お知らせ • Mar 08Nippon Kodoshi Corporation to Report Fiscal Year 2025 Results on Apr 24, 2025Nippon Kodoshi Corporation announced that they will report fiscal year 2025 results on Apr 24, 2025
Major Estimate Revision • Feb 06Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥16.5b to JP¥16.0b. EPS estimate also fell from JP¥197 per share to JP¥169 per share. Net income forecast to grow 22% next year vs 13% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥3,000 to JP¥2,800. Share price fell 4.3% to JP¥1,812 over the past week.
分析記事 • Feb 02Nippon Kodoshi Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedNippon Kodoshi Corporation ( TSE:3891 ) shareholders are probably feeling a little disappointed, since its shares fell...
Reported Earnings • Jan 31Third quarter 2025 earnings released: EPS: JP¥35.15 (vs JP¥23.51 in 3Q 2024)Third quarter 2025 results: EPS: JP¥35.15 (up from JP¥23.51 in 3Q 2024). Revenue: JP¥3.97b (up 14% from 3Q 2024). Net income: JP¥374.0m (up 50% from 3Q 2024). Profit margin: 9.4% (up from 7.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Dec 12Nippon Kodoshi Corporation to Report Q3, 2025 Results on Jan 30, 2025Nippon Kodoshi Corporation announced that they will report Q3, 2025 results on Jan 30, 2025
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥49.43 (vs JP¥47.21 in 2Q 2024)Second quarter 2025 results: EPS: JP¥49.43 (up from JP¥47.21 in 2Q 2024). Revenue: JP¥4.32b (up 14% from 2Q 2024). Net income: JP¥526.0m (up 4.8% from 2Q 2024). Profit margin: 12% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 20Nippon Kodoshi Corporation to Report Q2, 2025 Results on Oct 31, 2024Nippon Kodoshi Corporation announced that they will report Q2, 2025 results on Oct 31, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
分析記事 • Aug 05Take Care Before Jumping Onto Nippon Kodoshi Corporation (TSE:3891) Even Though It's 27% CheaperNippon Kodoshi Corporation ( TSE:3891 ) shares have had a horrible month, losing 27% after a relatively good period...
Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥61.79 (vs JP¥55.87 in 1Q 2024)First quarter 2025 results: EPS: JP¥61.79 (up from JP¥55.87 in 1Q 2024). Revenue: JP¥3.90b (down 2.5% from 1Q 2024). Net income: JP¥657.0m (up 10% from 1Q 2024). Profit margin: 17% (up from 15% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 16% per year.
New Risk • Aug 02New 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 5.4% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change).
Major Estimate Revision • Aug 02Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥179 to JP¥207. Revenue forecast unchanged at JP¥16.0b. Net income forecast to grow 49% next year vs 12% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥2,700 to JP¥3,000. Share price was steady at JP¥2,150 over the past week.
Buy Or Sell Opportunity • Jul 18Now 23% undervaluedOver the last 90 days, the stock has risen 18% to JP¥2,247. The fair value is estimated to be JP¥2,904, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
Reported Earnings • Jun 26Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥139 (down from JP¥229 in FY 2023). Revenue: JP¥14.8b (down 16% from FY 2023). Net income: JP¥1.48b (down 40% from FY 2023). Profit margin: 10.0% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 15% per year.
お知らせ • Jun 23Nippon Kodoshi Corporation to Report Q1, 2025 Results on Jul 31, 2024Nippon Kodoshi Corporation announced that they will report Q1, 2025 results on Jul 31, 2024
Buy Or Sell Opportunity • May 29Now 20% undervaluedOver the last 90 days, the stock has risen 12% to JP¥2,000. The fair value is estimated to be JP¥2,509, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
分析記事 • Apr 28Nippon Kodoshi Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for Nippon Kodoshi Corporation ( TSE:3891 ) shareholders, because the company has just released...
お知らせ • Apr 27Nippon Kodoshi Corporation, Annual General Meeting, Jun 20, 2024Nippon Kodoshi Corporation, Annual General Meeting, Jun 20, 2024.
Price Target Changed • Apr 26Price target increased by 8.0% to JP¥2,700Up from JP¥2,500, the current price target is provided by 1 analyst. New target price is 37% above last closing price of JP¥1,976. Stock is up 0.2% over the past year. The company is forecast to post earnings per share of JP¥179 for next year compared to JP¥139 last year.
Buy Or Sell Opportunity • Apr 26Now 22% undervaluedOver the last 90 days, the stock has risen 7.2% to JP¥1,976. The fair value is estimated to be JP¥2,547, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Earnings per share has declined by 13%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
Reported Earnings • Apr 25Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥139 (down from JP¥229 in FY 2023). Revenue: JP¥14.8b (down 16% from FY 2023). Net income: JP¥1.48b (down 40% from FY 2023). Profit margin: 10.0% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year.
Buy Or Sell Opportunity • Mar 27Now 20% undervaluedOver the last 90 days, the stock has risen 5.3% to JP¥1,855. The fair value is estimated to be JP¥2,324, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
お知らせ • Mar 09Nippon Kodoshi Corporation to Report Fiscal Year 2024 Results on Apr 24, 2024Nippon Kodoshi Corporation announced that they will report fiscal year 2024 results on Apr 24, 2024
Buy Or Sell Opportunity • Mar 08Now 21% undervaluedOver the last 90 days, the stock has risen 4.6% to JP¥1,827. The fair value is estimated to be JP¥2,314, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
Major Estimate Revision • Feb 07Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥16.0b to JP¥15.0b. EPS estimate also fell from JP¥179 per share to JP¥151 per share. Net income forecast to grow 5.8% next year vs 11% growth forecast for Electronic industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price fell 6.8% to JP¥1,717 over the past week.
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥23.51 (vs JP¥51.43 in 3Q 2023)Third quarter 2024 results: EPS: JP¥23.51 (down from JP¥51.43 in 3Q 2023). Revenue: JP¥3.48b (down 23% from 3Q 2023). Net income: JP¥250.0m (down 55% from 3Q 2023). Profit margin: 7.2% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Buying Opportunity • Jan 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.9%. The fair value is estimated to be JP¥2,217, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 4.7% in the next 2 years.
お知らせ • Dec 23Nippon Kodoshi Corporation to Report Q3, 2024 Results on Jan 31, 2024Nippon Kodoshi Corporation announced that they will report Q3, 2024 results on Jan 31, 2024
Buying Opportunity • Nov 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be JP¥2,274, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 4.7% in the next 2 years.
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥47.21 (vs JP¥61.46 in 2Q 2023)Second quarter 2024 results: EPS: JP¥47.21 (down from JP¥61.46 in 2Q 2023). Revenue: JP¥3.80b (down 12% from 2Q 2023). Net income: JP¥502.0m (down 24% from 2Q 2023). Profit margin: 13% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
お知らせ • Sep 14Nippon Kodoshi Corporation to Report Q2, 2024 Results on Oct 31, 2023Nippon Kodoshi Corporation announced that they will report Q2, 2024 results on Oct 31, 2023
Buying Opportunity • Aug 17Now 22% undervaluedOver the last 90 days, the stock is up 6.8%. The fair value is estimated to be JP¥2,725, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 16% in the next 2 years.
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥55.87 (vs JP¥87.91 in 1Q 2023)First quarter 2024 results: EPS: JP¥55.87 (down from JP¥87.91 in 1Q 2023). Revenue: JP¥4.00b (down 15% from 1Q 2023). Net income: JP¥597.0m (down 37% from 1Q 2023). Profit margin: 15% (down from 20% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.
Reported Earnings • Jun 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥229 (down from JP¥271 in FY 2022). Revenue: JP¥17.6b (down 2.7% from FY 2022). Net income: JP¥2.47b (down 15% from FY 2022). Profit margin: 14% (down from 16% in FY 2022). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 8.6%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 26Nippon Kodoshi Corporation to Report Q1, 2024 Results on Jul 31, 2023Nippon Kodoshi Corporation announced that they will report Q1, 2024 results on Jul 31, 2023
Price Target Changed • May 07Price target decreased by 17% to JP¥2,500Down from JP¥3,000, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥1,991. Stock is down 2.1% over the past year. The company is forecast to post earnings per share of JP¥204 for next year compared to JP¥229 last year.
Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥229 (down from JP¥271 in FY 2022). Revenue: JP¥17.6b (down 2.7% from FY 2022). Net income: JP¥2.47b (down 15% from FY 2022). Profit margin: 14% (down from 16% in FY 2022). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 8.6%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 33% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.6%).
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥51.43 (vs JP¥69.79 in 3Q 2022)Third quarter 2023 results: EPS: JP¥51.43 (down from JP¥69.79 in 3Q 2022). Revenue: JP¥4.51b (up 1.5% from 3Q 2022). Net income: JP¥554.0m (down 26% from 3Q 2022). Profit margin: 12% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 18Nippon Kodoshi Corporation to Report Q3, 2023 Results on Jan 31, 2023Nippon Kodoshi Corporation announced that they will report Q3, 2023 results on Jan 31, 2023
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Outside Audit & Supervisory Board Member Satoru Terada is the most experienced director on the board, commencing their role in 2015. Independent Outside Director Takaaki Iwaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥61.46 (vs JP¥60.40 in 2Q 2022)Second quarter 2023 results: EPS: JP¥61.46 (up from JP¥60.40 in 2Q 2022). Revenue: JP¥4.31b (down 2.7% from 2Q 2022). Net income: JP¥662.0m (up 1.8% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 28Nippon Kodoshi Corporation to Report Q2, 2023 Results on Oct 31, 2022Nippon Kodoshi Corporation announced that they will report Q2, 2023 results on Oct 31, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%).
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥87.91 (vs JP¥86.65 in 1Q 2022)First quarter 2023 results: EPS: JP¥87.91 (up from JP¥86.65 in 1Q 2022). Revenue: JP¥4.69b (flat on 1Q 2022). Net income: JP¥946.0m (up 1.5% from 1Q 2022). Profit margin: 20% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 5.9%, compared to a 9.9% growth forecast for the industry in Japan. 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 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 24Nippon Kodoshi Corporation to Report Q1, 2023 Results on Jul 29, 2022Nippon Kodoshi Corporation announced that they will report Q1, 2023 results on Jul 29, 2022
Reported Earnings • Apr 28Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥271 (up from JP¥186 in FY 2021). Revenue: JP¥18.1b (up 14% from FY 2021). Net income: JP¥2.92b (up 46% from FY 2021). Profit margin: 16% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 2.4%, compared to a 8.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target decreased to JP¥3,000Down from JP¥4,500, the current price target is provided by 1 analyst. New target price is 51% above last closing price of JP¥1,982. Stock is down 45% over the past year. The company is forecast to post earnings per share of JP¥260 for next year compared to JP¥186 last year.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Outside Audit & Supervisory Board Member Satoru Terada is the most experienced director on the board, commencing their role in 2015. Independent Outside Director Takaaki Iwaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 07Nippon Kodoshi Corporation to Report Fiscal Year 2022 Results on Apr 26, 2022Nippon Kodoshi Corporation announced that they will report fiscal year 2022 results on Apr 26, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 17 June 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.3%).
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥69.79 (up from JP¥50.39 in 3Q 2021). Revenue: JP¥4.45b (flat on 3Q 2021). Net income: JP¥751.0m (up 39% from 3Q 2021). Profit margin: 17% (up from 12% in 3Q 2021). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Over the next year, revenue is forecast to stay flat compared to a 9.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Dec 02Consensus EPS estimates fall to JP¥251The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥18.0b to JP¥17.7b. EPS estimate also fell from JP¥284 to JP¥251. Net income forecast to shrink 6.3% next year vs 12% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥4,500 to JP¥3,000. Share price fell 7.2% to JP¥2,564 over the past week.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥3,695, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 38% over the past three years.
Reported Earnings • Aug 04First quarter 2022 earnings released: EPS JP¥86.65 (vs JP¥43.32 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.69b (up 25% from 1Q 2021). Net income: JP¥932.0m (up 100% from 1Q 2021). Profit margin: 20% (up from 12% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥4,085, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 42% over the past three years.
Reported Earnings • Jun 21Full year 2021 earnings released: EPS JP¥186 (vs JP¥64.24 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥15.9b (up 22% from FY 2020). Net income: JP¥2.01b (up 190% from FY 2020). Profit margin: 13% (up from 5.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jun 01Consensus revenue estimates increase to JP¥18.0bThe consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from JP¥16.0b to JP¥18.0b. EPS estimate increased from JP¥186 to JP¥232 per share. Net income forecast to shrink 0.3% next year vs 21% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥2,844 to JP¥3,200. Share price rose 18% to JP¥3,810 over the past week.
