View ValuationArisawa Mfg 将来の成長Future 基準チェック /36Arisawa Mfgは、11%と6.6%でそれぞれ年率11%で利益と収益が成長すると予測される一方、EPSはgrowで11.3%年率。主要情報11.0%収益成長率11.30%EPS成長率Electronic 収益成長14.9%収益成長率6.6%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日12 Aug 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • Aug 07First quarter 2027 earnings released: EPS: JP¥27.80 (vs JP¥21.92 in 1Q 2026)First quarter 2027 results: EPS: JP¥27.80 (up from JP¥21.92 in 1Q 2026). Revenue: JP¥15.8b (up 25% from 1Q 2026). Net income: JP¥911.0m (up 25% from 1Q 2026). Profit margin: 5.8% (in line with 1Q 2026). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 39% per year.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥2,769, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 229% over the past three years.Declared Dividend • Jul 25Final dividend of JP¥49.00 announcedShareholders will receive a dividend of JP¥49.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 5.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Senior Operating Officer, Div. Chief of Innovation Promotion Div. & Director Makoto Tai was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Jun 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥151 (up from JP¥119 in FY 2025). Revenue: JP¥56.5b (up 13% from FY 2025). Net income: JP¥5.00b (up 26% from FY 2025). Profit margin: 8.8% (up from 8.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 7.1% 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 36% per year whereas the company’s share price has increased by 35% per year.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,524, 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 171% over the past three years.分析記事 • May 07Arisawa Mfg's (TSE:5208) Promising Earnings May Rest On Soft FoundationsInvestors were disappointed with Arisawa Mfg. Co., Ltd.'s ( TSE:5208 ) earnings, despite the strong profit numbers. We...Valuation Update With 7 Day Price Move • May 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥2,237, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 110% over the past three years.Reported Earnings • May 01Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥151 (up from JP¥119 in FY 2025). Revenue: JP¥56.5b (up 13% from FY 2025). Net income: JP¥5.00b (up 26% from FY 2025). Profit margin: 8.8% (up from 8.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Electronic industry in Japan. 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 22% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 30Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 18, 2026Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 18, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is on the higher end at 83%, and the cash payout ratio is above 100%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).New Risk • Mar 19New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Share price has been volatile over the past 3 months (6.5% average weekly change).分析記事 • Feb 09Earnings Tell The Story For Arisawa Mfg. Co., Ltd. (TSE:5208) As Its Stock Soars 27%Despite an already strong run, Arisawa Mfg. Co., Ltd. ( TSE:5208 ) shares have been powering on, with a gain of 27% in...Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥42.54 (vs JP¥26.53 in 3Q 2025)Third quarter 2026 results: EPS: JP¥42.54 (up from JP¥26.53 in 3Q 2025). Revenue: JP¥14.7b (up 17% from 3Q 2025). Net income: JP¥1.42b (up 61% from 3Q 2025). Profit margin: 9.6% (up from 7.0% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% 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 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.分析記事 • Feb 06Arisawa Mfg (TSE:5208) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,126, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 94% over the past three years.お知らせ • Jan 16+ 2 more updatesArisawa Mfg. Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Arisawa Mfg. Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026Declared Dividend • Dec 03First half dividend of JP¥44.00 announcedShareholders will receive a dividend of JP¥44.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 5.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 9.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 02Arisawa Mfg. Co., Ltd. to Report Q3, 2026 Results on Feb 05, 2026Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2026 results on Feb 05, 2026Buy Or Sell Opportunity • Nov 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.1% to JP¥1,618. The fair value is estimated to be JP¥1,341, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 7.6%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 4.1% in the next 2 years.New Risk • Nov 13New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 96% Dividend per share is over 5x cash flows per share. Dividend yield: 5.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥25.07 (vs JP¥34.62 in 2Q 2025)Second quarter 2026 results: EPS: JP¥25.07 (down from JP¥34.62 in 2Q 2025). Revenue: JP¥13.9b (up 6.2% from 2Q 2025). Net income: JP¥833.8m (down 28% from 2Q 2025). Profit margin: 6.0% (down from 8.8% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% 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 8% per year and the company’s share price has also increased by 8% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is on the higher end at 86%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).分析記事 • Aug 20Arisawa Mfg's (TSE:5208) Dividend Will Be ¥44.00Arisawa Mfg. Co., Ltd. ( TSE:5208 ) will pay a dividend of ¥44.00 on the 3rd of December. This will take the dividend...Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥21.92 (vs JP¥29.28 in 1Q 2025)First quarter 2026 results: EPS: JP¥21.92 (down from JP¥29.28 in 1Q 2025). Revenue: JP¥12.6b (up 4.6% from 1Q 2025). Net income: JP¥728.0m (down 25% from 1Q 2025). Profit margin: 5.8% (down from 8.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% 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 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.分析記事 • Aug 06Arisawa Mfg (TSE:5208) Has Announced A Dividend Of ¥44.00Arisawa Mfg. Co., Ltd. ( TSE:5208 ) has announced that it will pay a dividend of ¥44.00 per share on the 3rd of...分析記事 • Jul 23Arisawa Mfg (TSE:5208) Is Due To Pay A Dividend Of ¥44.00Arisawa Mfg. Co., Ltd. ( TSE:5208 ) will pay a dividend of ¥44.00 on the 3rd of December. This will take the dividend...分析記事 • Jul 09Arisawa Mfg (TSE:5208) Will Pay A Dividend Of ¥44.00Arisawa Mfg. Co., Ltd.'s ( TSE:5208 ) investors are due to receive a payment of ¥44.00 per share on 3rd of December...Declared Dividend • Jul 09Final dividend of JP¥44.00 announcedShareholders will receive a dividend of JP¥44.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 6.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 8.1% over the next 3 years. However, it would need to fall by 17% to increase the payout ratio to a potentially unsustainable range.お知らせ • May 22Arisawa Mfg. Co., Ltd. (TSE:5208) agreed to acquire Arisawa Kenko Ltd from the Arisawa family for approximately ¥930 million.Arisawa Mfg. Co., Ltd. (TSE:5208) agreed to acquire Arisawa Kenko Ltd from the Arisawa family for approximately ¥930 million on May 22, 2025. The transaction will be financed through internal funds. The transaction is subject to approval of offer by acquirer shareholders. The expected completion of the transaction is June 4, 2025.Reported Earnings • May 08Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥119 (up from JP¥49.48 in FY 2024). Revenue: JP¥49.8b (up 18% from FY 2024). Net income: JP¥3.97b (up 142% from FY 2024). Profit margin: 8.0% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • May 07Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 26, 2025Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 26, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,172, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 56% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥26.53 (vs JP¥12.61 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.53 (up from JP¥12.61 in 3Q 2024). Revenue: JP¥12.6b (up 15% from 3Q 2024). Net income: JP¥882.2m (up 111% from 3Q 2024). Profit margin: 7.0% (up from 3.8% in 3Q 2024). 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 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Jan 16+ 2 more updatesArisawa Mfg. Co., Ltd. to Report Fiscal Year 2025 Results on May 07, 2025Arisawa Mfg. Co., Ltd. announced that they will report fiscal year 2025 results on May 07, 2025お知らせ • Dec 04Arisawa Mfg. Co., Ltd. to Report Q3, 2025 Results on Feb 06, 2025Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥34.62 (vs JP¥23.07 in 2Q 2024)Second quarter 2025 results: EPS: JP¥34.62 (up from JP¥23.07 in 2Q 2024). Revenue: JP¥13.1b (up 26% from 2Q 2024). Net income: JP¥1.15b (up 51% from 2Q 2024). Profit margin: 8.8% (up from 7.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% 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 24% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 20Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥29.28 (vs JP¥6.08 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥29.28 (up from JP¥6.08 loss in 1Q 2024). Revenue: JP¥12.1b (up 27% from 1Q 2024). Net income: JP¥971.0m (up JP¥1.17b from 1Q 2024). Profit margin: 8.0% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.1% 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 increased by 18% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,311, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 82% over the past three years.分析記事 • May 21Arisawa Mfg's (TSE:5208) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe subdued market reaction suggests that Arisawa Mfg. Co., Ltd.'s ( TSE:5208 ) recent earnings didn't contain any...Reported Earnings • May 11Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥49.48 (down from JP¥86.45 in FY 2023). Revenue: JP¥42.1b (down 1.4% from FY 2023). Net income: JP¥1.64b (down 43% from FY 2023). Profit margin: 3.9% (down from 6.7% in FY 2023). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 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 fallen by 22% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.分析記事 • Apr 11Earnings Tell The Story For Arisawa Mfg. Co., Ltd. (TSE:5208) As Its Stock Soars 27%Despite an already strong run, Arisawa Mfg. Co., Ltd. ( TSE:5208 ) shares have been powering on, with a gain of 27% in...New Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 310% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 29%After last week's 29% share price gain to JP¥1,445, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 80% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).お知らせ • Feb 14+ 3 more updatesArisawa Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2024Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2024.Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥12.61 (vs JP¥2.97 in 3Q 2023)Third quarter 2024 results: EPS: JP¥12.61 (up from JP¥2.97 in 3Q 2023). Revenue: JP¥11.0b (up 3.9% from 3Q 2023). Net income: JP¥418.0m (up 328% from 3Q 2023). Profit margin: 3.8% (up from 0.9% in 3Q 2023). Revenue is forecast to grow 9.5% 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 fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Dec 09Arisawa Mfg. Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥23.07 (vs JP¥42.28 in 2Q 2023)Second quarter 2024 results: EPS: JP¥23.07 (down from JP¥42.28 in 2Q 2023). Revenue: JP¥10.4b (down 11% from 2Q 2023). Net income: JP¥764.0m (down 45% from 2Q 2023). Profit margin: 7.3% (down from 12% in 2Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 4.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).お知らせ • Aug 31Arisawa Mfg. Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023Arisawa Mfg. Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023New Risk • Aug 04New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.6% Last year net profit margin: 9.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 200% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).Reported Earnings • Aug 04First quarter 2024 earnings released: JP¥6.08 loss per share (vs JP¥35.10 profit in 1Q 2023)First quarter 2024 results: JP¥6.08 loss per share (down from JP¥35.10 profit in 1Q 2023). Revenue: JP¥9.49b (down 16% from 1Q 2023). Net loss: JP¥201.0m (down 117% from profit in 1Q 2023). Revenue is forecast to grow 8.5% 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 increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.New Risk • Jul 23New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 104% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Paying a dividend despite having no free cash flows. Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Board Change • Jul 23High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Corporate Board Auditor Hisashi Masumura was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 28Arisawa Mfg. Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023Arisawa Mfg. Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023Reported Earnings • May 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥86.45 (down from JP¥117 in FY 2022). Revenue: JP¥42.7b (flat on FY 2022). Net income: JP¥2.86b (down 27% from FY 2022). Profit margin: 6.7% (down from 9.1% in FY 2022). Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 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 45% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per share at 6.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio and cash payout ratio are on the higher end at 83% and 96% respectively. Trailing yield: 6.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥2.96 (vs JP¥36.83 in 3Q 2022)Third quarter 2023 results: EPS: JP¥2.96 (down from JP¥36.83 in 3Q 2022). Revenue: JP¥10.5b (down 3.4% from 3Q 2022). Net income: JP¥97.5m (down 92% from 3Q 2022). Profit margin: 0.9% (down from 11% in 3Q 2022). Revenue is forecast to grow 5.7% 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 increased by 60% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 27Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 29, 2023Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 29, 2023.お知らせ • Dec 01Arisawa Mfg. Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥42.28 (vs JP¥29.05 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.28 (up from JP¥29.05 in 2Q 2022). Revenue: JP¥11.7b (up 6.5% from 2Q 2022). Net income: JP¥1.40b (up 44% from 2Q 2022). Profit margin: 12% (up from 8.8% in 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 74% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. CEO, President & Representative Director Yuta Arisawa is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥42.28 (vs JP¥29.05 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.28 (up from JP¥29.05 in 2Q 2022). Revenue: JP¥11.7b (up 6.5% from 2Q 2022). Net income: JP¥1.40b (up 44% from 2Q 2022). Profit margin: 12% (up from 8.8% in 2Q 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥35.10 (vs JP¥23.31 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.10 (up from JP¥23.31 in 1Q 2022). Revenue: JP¥11.3b (up 5.0% from 1Q 2022). Net income: JP¥1.17b (up 50% from 1Q 2022). Profit margin: 10% (up from 7.2% in 1Q 2022). Over the next year, revenue is forecast to grow 14%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥1,217, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 65% over the past three years.Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥1,078, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 73% over the past three years.Reported Earnings • May 17Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥117 (up from JP¥64.92 in FY 2021). Revenue: JP¥43.1b (down 7.2% from FY 2021). Net income: JP¥3.91b (up 81% from FY 2021). Profit margin: 9.1% (up from 4.7% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 6.8%, compared to a 8.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 2 highly experienced directors. CEO, President & Representative Director Yuta Arisawa is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Upcoming Dividend • Mar 23Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).Reported Earnings • Jan 28Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: JP¥36.83 (up from JP¥15.84 in 3Q 2021). Revenue: JP¥10.9b (down 12% from 3Q 2021). Net income: JP¥1.23b (up 133% from 3Q 2021). Profit margin: 11% (up from 4.2% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) exceeded analyst estimates by 31%. Over the next year, revenue is forecast to grow 1.9%, compared to a 9.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥29.05 (vs JP¥12.78 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥11.0b (down 5.6% from 2Q 2021). Net income: JP¥968.0m (up 128% from 2Q 2021). Profit margin: 8.8% (up from 3.7% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.Reported Earnings • Jul 30First quarter 2022 earnings released: EPS JP¥23.31 (vs JP¥12.87 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.8b (up 1.8% from 1Q 2021). Net income: JP¥777.0m (up 82% from 1Q 2021). Profit margin: 7.2% (up from 4.0% in 1Q 2021). The increase in margin was primarily driven by higher revenue. 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 8% per year, which means it has not declined as severely as earnings.お知らせ • Jul 20Arisawa Mfg. Co., Ltd. (TSE:5208) entered into share transfer agreement to acquire remaining 10.5% stake in ThinFlex Corporation (TPEX:3144) for approximately TWD 410 million.Arisawa Mfg. Co., Ltd. (TSE:5208) entered into share transfer agreement to acquire remaining 10.5% stake in ThinFlex Corporation (TPEX:3144) for approximately TWD 410 million on July 19, 2021. Under terms of transaction, Arisawa Mfg agree to pay TWD 40 per share which includes cash dividend of TWD 1.6 so the net offer share is TWD 38.4 per share and it currently hold 89.5% stake in TPEX. Upon the completion of the share transfer,the company will be a 100% owned subsidiary of ARISAWA. Arisawa will fund the transaction from owns funds and Thinflex will reduce management costs and improve competitive advantage and management efficiency. Transaction is subject to Thinflex shareholders approval. The Board of Directors approved the share transfer plan with Arisawa Manufacturing Co. Ltd.The transaction will not affect the net worth per share and earnings per shares. Transaction is expected to be complete on December 10, 2021. Diwan & Company acted as accountant and LU, JUI-WEN acted as lawyer for Thinflex.Reported Earnings • May 08Full year 2021 earnings released: EPS JP¥64.92 (vs JP¥6.11 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥46.4b (up 1.0% from FY 2020). Net income: JP¥2.16b (up JP¥1.95b from FY 2020). Profit margin: 4.7% (up from 0.5% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥34.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 3.1%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).お知らせ • Mar 21Arisawa Mfg. Co., Ltd. to Report Fiscal Year 2021 Results on May 06, 2021Arisawa Mfg. Co., Ltd. announced that they will report fiscal year 2021 results on May 06, 2021Is New 90 Day High Low • Mar 09New 90-day high: JP¥1,030The company is up 6.0% from its price of JP¥970 on 09 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 3.0% over the same period.Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥15.84 (vs JP¥23.22 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥12.4b (up 5.8% from 3Q 2020). Net income: JP¥527.0m (down 32% from 3Q 2020). Profit margin: 4.2% (down from 6.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 2.3%, compared to a 6.9% growth forecast for the Electronic industry in Japan.Is New 90 Day High Low • Jan 14New 90-day high: JP¥1,013The company is up 10.0% from its price of JP¥922 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.Is New 90 Day High Low • Dec 15New 90-day high: JP¥1,009The company is up 2.0% from its price of JP¥991 on 16 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 15% over the same period.お知らせ • Nov 29Arisawa Mfg. Co., Ltd. to Report Q3, 2021 Results on Jan 28, 2021Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2021 results on Jan 28, 2021お知らせ • Sep 12Arisawa Mfg. Co., Ltd. to Report Q2, 2021 Results on Oct 29, 2020Arisawa Mfg. Co., Ltd. announced that they will report Q2, 2021 results on Oct 29, 2020業績と収益の成長予測TSE:5208 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202972,0006,700N/AN/A13/31/202869,0006,000N/AN/A13/31/202765,0004,900N/AN/A16/30/202659,6675,179N/AN/AN/A3/31/202656,4744,995-3,7703,144N/A12/31/202553,2953,943N/AN/AN/A9/30/202551,1803,4095061,777N/A6/30/202550,3703,727N/AN/AN/A3/31/202549,8153,9692,2994,548N/A12/31/202449,0363,662N/AN/AN/A9/30/202447,3913,1982,0485,774N/A6/30/202444,7002,812N/AN/AN/A3/31/202442,1141,639-5603,219N/A12/31/202340,0381,176N/AN/AN/A9/30/202339,623855-1,1902,614N/A6/30/202340,8951,488N/AN/AN/A3/31/202342,7222,856-9033,471N/A12/31/202243,9693,601N/AN/AN/A9/30/202244,3394,7291,5304,593N/A6/30/202243,6254,301N/AN/AN/A3/31/202243,0893,9113,8955,901N/A12/31/202144,4973,751N/AN/AN/A9/30/202145,9813,0532,8814,959N/A6/30/202146,6272,509N/AN/AN/A3/31/202146,4392,160-1,373610N/A12/31/202046,2491,710N/AN/AN/A9/30/202045,5741,959-1,2181,138N/A6/30/202046,020390N/AN/AN/A3/31/202045,970212N/A4,837N/A12/31/201944,359332N/AN/AN/A9/30/201944,620195N/A4,027N/A6/30/201944,3142,254N/AN/AN/A3/31/201944,7282,861N/A2,893N/A12/31/201845,2803,208N/AN/AN/A9/30/201844,3093,667N/A3,163N/A6/30/201842,7303,714N/AN/AN/A3/31/201840,9093,452N/A2,181N/A12/31/201739,0213,199N/AN/AN/A9/30/201736,7733,060N/A1,656N/A6/30/201734,9842,549N/AN/AN/A3/31/201734,4512,037N/A3,419N/A12/31/201634,3231,937N/AN/AN/A9/30/201635,0631,613N/A4,970N/A6/30/201636,5701,854N/AN/AN/A3/31/201637,2282,702N/A4,548N/A12/31/201537,9333,038N/AN/AN/A9/30/201538,1493,420N/A3,353N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 5208の予測収益成長率 (年間11% ) は 貯蓄率 ( 0.9% ) を上回っています。収益対市場: 5208の収益 ( 11% ) はJP市場 ( 8.8% ) よりも速いペースで成長すると予測されています。高成長収益: 5208の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 5208の収益 ( 6.6% ) JP市場 ( 6.1% ) よりも速いペースで成長すると予測されています。高い収益成長: 5208の収益 ( 6.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 5208の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/21 20:43終値2026/08/21 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Arisawa Mfg. Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Hidemitsu UmebayashiDaiwa Securities Co. Ltd.Yoshikazu HigurashiDeutsche BankDaiki TakayamaGoldman Sachs2 その他のアナリストを表示
Reported Earnings • Aug 07First quarter 2027 earnings released: EPS: JP¥27.80 (vs JP¥21.92 in 1Q 2026)First quarter 2027 results: EPS: JP¥27.80 (up from JP¥21.92 in 1Q 2026). Revenue: JP¥15.8b (up 25% from 1Q 2026). Net income: JP¥911.0m (up 25% from 1Q 2026). Profit margin: 5.8% (in line with 1Q 2026). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 39% per year.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥2,769, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 229% over the past three years.
Declared Dividend • Jul 25Final dividend of JP¥49.00 announcedShareholders will receive a dividend of JP¥49.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 5.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Senior Operating Officer, Div. Chief of Innovation Promotion Div. & Director Makoto Tai was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Jun 23Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥151 (up from JP¥119 in FY 2025). Revenue: JP¥56.5b (up 13% from FY 2025). Net income: JP¥5.00b (up 26% from FY 2025). Profit margin: 8.8% (up from 8.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 7.1% 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 36% per year whereas the company’s share price has increased by 35% per year.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥2,524, 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 171% over the past three years.
分析記事 • May 07Arisawa Mfg's (TSE:5208) Promising Earnings May Rest On Soft FoundationsInvestors were disappointed with Arisawa Mfg. Co., Ltd.'s ( TSE:5208 ) earnings, despite the strong profit numbers. We...
Valuation Update With 7 Day Price Move • May 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥2,237, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 110% over the past three years.
Reported Earnings • May 01Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥151 (up from JP¥119 in FY 2025). Revenue: JP¥56.5b (up 13% from FY 2025). Net income: JP¥5.00b (up 26% from FY 2025). Profit margin: 8.8% (up from 8.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Electronic industry in Japan. 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 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 30Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 18, 2026Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 18, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is on the higher end at 83%, and the cash payout ratio is above 100%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
New Risk • Mar 19New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Share price has been volatile over the past 3 months (6.5% average weekly change).
分析記事 • Feb 09Earnings Tell The Story For Arisawa Mfg. Co., Ltd. (TSE:5208) As Its Stock Soars 27%Despite an already strong run, Arisawa Mfg. Co., Ltd. ( TSE:5208 ) shares have been powering on, with a gain of 27% in...
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥42.54 (vs JP¥26.53 in 3Q 2025)Third quarter 2026 results: EPS: JP¥42.54 (up from JP¥26.53 in 3Q 2025). Revenue: JP¥14.7b (up 17% from 3Q 2025). Net income: JP¥1.42b (up 61% from 3Q 2025). Profit margin: 9.6% (up from 7.0% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% 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 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
分析記事 • Feb 06Arisawa Mfg (TSE:5208) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,126, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 94% over the past three years.
お知らせ • Jan 16+ 2 more updatesArisawa Mfg. Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Arisawa Mfg. Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026
Declared Dividend • Dec 03First half dividend of JP¥44.00 announcedShareholders will receive a dividend of JP¥44.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 5.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 9.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 02Arisawa Mfg. Co., Ltd. to Report Q3, 2026 Results on Feb 05, 2026Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2026 results on Feb 05, 2026
Buy Or Sell Opportunity • Nov 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.1% to JP¥1,618. The fair value is estimated to be JP¥1,341, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 7.6%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 4.1% in the next 2 years.
New Risk • Nov 13New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 96% Dividend per share is over 5x cash flows per share. Dividend yield: 5.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥25.07 (vs JP¥34.62 in 2Q 2025)Second quarter 2026 results: EPS: JP¥25.07 (down from JP¥34.62 in 2Q 2025). Revenue: JP¥13.9b (up 6.2% from 2Q 2025). Net income: JP¥833.8m (down 28% from 2Q 2025). Profit margin: 6.0% (down from 8.8% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% 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 8% per year and the company’s share price has also increased by 8% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is on the higher end at 86%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
分析記事 • Aug 20Arisawa Mfg's (TSE:5208) Dividend Will Be ¥44.00Arisawa Mfg. Co., Ltd. ( TSE:5208 ) will pay a dividend of ¥44.00 on the 3rd of December. This will take the dividend...
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥21.92 (vs JP¥29.28 in 1Q 2025)First quarter 2026 results: EPS: JP¥21.92 (down from JP¥29.28 in 1Q 2025). Revenue: JP¥12.6b (up 4.6% from 1Q 2025). Net income: JP¥728.0m (down 25% from 1Q 2025). Profit margin: 5.8% (down from 8.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% 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 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
分析記事 • Aug 06Arisawa Mfg (TSE:5208) Has Announced A Dividend Of ¥44.00Arisawa Mfg. Co., Ltd. ( TSE:5208 ) has announced that it will pay a dividend of ¥44.00 per share on the 3rd of...
分析記事 • Jul 23Arisawa Mfg (TSE:5208) Is Due To Pay A Dividend Of ¥44.00Arisawa Mfg. Co., Ltd. ( TSE:5208 ) will pay a dividend of ¥44.00 on the 3rd of December. This will take the dividend...
分析記事 • Jul 09Arisawa Mfg (TSE:5208) Will Pay A Dividend Of ¥44.00Arisawa Mfg. Co., Ltd.'s ( TSE:5208 ) investors are due to receive a payment of ¥44.00 per share on 3rd of December...
Declared Dividend • Jul 09Final dividend of JP¥44.00 announcedShareholders will receive a dividend of JP¥44.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 6.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 8.1% over the next 3 years. However, it would need to fall by 17% to increase the payout ratio to a potentially unsustainable range.
お知らせ • May 22Arisawa Mfg. Co., Ltd. (TSE:5208) agreed to acquire Arisawa Kenko Ltd from the Arisawa family for approximately ¥930 million.Arisawa Mfg. Co., Ltd. (TSE:5208) agreed to acquire Arisawa Kenko Ltd from the Arisawa family for approximately ¥930 million on May 22, 2025. The transaction will be financed through internal funds. The transaction is subject to approval of offer by acquirer shareholders. The expected completion of the transaction is June 4, 2025.
Reported Earnings • May 08Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥119 (up from JP¥49.48 in FY 2024). Revenue: JP¥49.8b (up 18% from FY 2024). Net income: JP¥3.97b (up 142% from FY 2024). Profit margin: 8.0% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • May 07Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 26, 2025Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 26, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,172, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 56% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥26.53 (vs JP¥12.61 in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.53 (up from JP¥12.61 in 3Q 2024). Revenue: JP¥12.6b (up 15% from 3Q 2024). Net income: JP¥882.2m (up 111% from 3Q 2024). Profit margin: 7.0% (up from 3.8% in 3Q 2024). 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 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Jan 16+ 2 more updatesArisawa Mfg. Co., Ltd. to Report Fiscal Year 2025 Results on May 07, 2025Arisawa Mfg. Co., Ltd. announced that they will report fiscal year 2025 results on May 07, 2025
お知らせ • Dec 04Arisawa Mfg. Co., Ltd. to Report Q3, 2025 Results on Feb 06, 2025Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥34.62 (vs JP¥23.07 in 2Q 2024)Second quarter 2025 results: EPS: JP¥34.62 (up from JP¥23.07 in 2Q 2024). Revenue: JP¥13.1b (up 26% from 2Q 2024). Net income: JP¥1.15b (up 51% from 2Q 2024). Profit margin: 8.8% (up from 7.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% 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 24% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥29.28 (vs JP¥6.08 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥29.28 (up from JP¥6.08 loss in 1Q 2024). Revenue: JP¥12.1b (up 27% from 1Q 2024). Net income: JP¥971.0m (up JP¥1.17b from 1Q 2024). Profit margin: 8.0% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.1% 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 increased by 18% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,311, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 82% over the past three years.
分析記事 • May 21Arisawa Mfg's (TSE:5208) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe subdued market reaction suggests that Arisawa Mfg. Co., Ltd.'s ( TSE:5208 ) recent earnings didn't contain any...
Reported Earnings • May 11Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥49.48 (down from JP¥86.45 in FY 2023). Revenue: JP¥42.1b (down 1.4% from FY 2023). Net income: JP¥1.64b (down 43% from FY 2023). Profit margin: 3.9% (down from 6.7% in FY 2023). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 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 fallen by 22% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
分析記事 • Apr 11Earnings Tell The Story For Arisawa Mfg. Co., Ltd. (TSE:5208) As Its Stock Soars 27%Despite an already strong run, Arisawa Mfg. Co., Ltd. ( TSE:5208 ) shares have been powering on, with a gain of 27% in...
New Risk • Apr 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 310% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin).
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 29%After last week's 29% share price gain to JP¥1,445, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 80% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
お知らせ • Feb 14+ 3 more updatesArisawa Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2024Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2024.
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥12.61 (vs JP¥2.97 in 3Q 2023)Third quarter 2024 results: EPS: JP¥12.61 (up from JP¥2.97 in 3Q 2023). Revenue: JP¥11.0b (up 3.9% from 3Q 2023). Net income: JP¥418.0m (up 328% from 3Q 2023). Profit margin: 3.8% (up from 0.9% in 3Q 2023). Revenue is forecast to grow 9.5% 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 fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Dec 09Arisawa Mfg. Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥23.07 (vs JP¥42.28 in 2Q 2023)Second quarter 2024 results: EPS: JP¥23.07 (down from JP¥42.28 in 2Q 2023). Revenue: JP¥10.4b (down 11% from 2Q 2023). Net income: JP¥764.0m (down 45% from 2Q 2023). Profit margin: 7.3% (down from 12% in 2Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 4.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
お知らせ • Aug 31Arisawa Mfg. Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023Arisawa Mfg. Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023
New Risk • Aug 04New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.6% Last year net profit margin: 9.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 200% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).
Reported Earnings • Aug 04First quarter 2024 earnings released: JP¥6.08 loss per share (vs JP¥35.10 profit in 1Q 2023)First quarter 2024 results: JP¥6.08 loss per share (down from JP¥35.10 profit in 1Q 2023). Revenue: JP¥9.49b (down 16% from 1Q 2023). Net loss: JP¥201.0m (down 117% from profit in 1Q 2023). Revenue is forecast to grow 8.5% 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 increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 23New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 104% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Paying a dividend despite having no free cash flows. Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Board Change • Jul 23High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Corporate Board Auditor Hisashi Masumura was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 28Arisawa Mfg. Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023Arisawa Mfg. Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023
Reported Earnings • May 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥86.45 (down from JP¥117 in FY 2022). Revenue: JP¥42.7b (flat on FY 2022). Net income: JP¥2.86b (down 27% from FY 2022). Profit margin: 6.7% (down from 9.1% in FY 2022). Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 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 45% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per share at 6.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio and cash payout ratio are on the higher end at 83% and 96% respectively. Trailing yield: 6.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥2.96 (vs JP¥36.83 in 3Q 2022)Third quarter 2023 results: EPS: JP¥2.96 (down from JP¥36.83 in 3Q 2022). Revenue: JP¥10.5b (down 3.4% from 3Q 2022). Net income: JP¥97.5m (down 92% from 3Q 2022). Profit margin: 0.9% (down from 11% in 3Q 2022). Revenue is forecast to grow 5.7% 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 increased by 60% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 27Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 29, 2023Arisawa Mfg. Co., Ltd., Annual General Meeting, Jun 29, 2023.
お知らせ • Dec 01Arisawa Mfg. Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥42.28 (vs JP¥29.05 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.28 (up from JP¥29.05 in 2Q 2022). Revenue: JP¥11.7b (up 6.5% from 2Q 2022). Net income: JP¥1.40b (up 44% from 2Q 2022). Profit margin: 12% (up from 8.8% in 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 74% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. CEO, President & Representative Director Yuta Arisawa is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥42.28 (vs JP¥29.05 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.28 (up from JP¥29.05 in 2Q 2022). Revenue: JP¥11.7b (up 6.5% from 2Q 2022). Net income: JP¥1.40b (up 44% from 2Q 2022). Profit margin: 12% (up from 8.8% in 2Q 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥35.10 (vs JP¥23.31 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.10 (up from JP¥23.31 in 1Q 2022). Revenue: JP¥11.3b (up 5.0% from 1Q 2022). Net income: JP¥1.17b (up 50% from 1Q 2022). Profit margin: 10% (up from 7.2% in 1Q 2022). Over the next year, revenue is forecast to grow 14%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥1,217, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 65% over the past three years.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥1,078, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 73% over the past three years.
Reported Earnings • May 17Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥117 (up from JP¥64.92 in FY 2021). Revenue: JP¥43.1b (down 7.2% from FY 2021). Net income: JP¥3.91b (up 81% from FY 2021). Profit margin: 9.1% (up from 4.7% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 6.8%, compared to a 8.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 2 highly experienced directors. CEO, President & Representative Director Yuta Arisawa is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).
Reported Earnings • Jan 28Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: JP¥36.83 (up from JP¥15.84 in 3Q 2021). Revenue: JP¥10.9b (down 12% from 3Q 2021). Net income: JP¥1.23b (up 133% from 3Q 2021). Profit margin: 11% (up from 4.2% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) exceeded analyst estimates by 31%. Over the next year, revenue is forecast to grow 1.9%, compared to a 9.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥29.05 (vs JP¥12.78 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥11.0b (down 5.6% from 2Q 2021). Net income: JP¥968.0m (up 128% from 2Q 2021). Profit margin: 8.8% (up from 3.7% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
Reported Earnings • Jul 30First quarter 2022 earnings released: EPS JP¥23.31 (vs JP¥12.87 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.8b (up 1.8% from 1Q 2021). Net income: JP¥777.0m (up 82% from 1Q 2021). Profit margin: 7.2% (up from 4.0% in 1Q 2021). The increase in margin was primarily driven by higher revenue. 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 8% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 20Arisawa Mfg. Co., Ltd. (TSE:5208) entered into share transfer agreement to acquire remaining 10.5% stake in ThinFlex Corporation (TPEX:3144) for approximately TWD 410 million.Arisawa Mfg. Co., Ltd. (TSE:5208) entered into share transfer agreement to acquire remaining 10.5% stake in ThinFlex Corporation (TPEX:3144) for approximately TWD 410 million on July 19, 2021. Under terms of transaction, Arisawa Mfg agree to pay TWD 40 per share which includes cash dividend of TWD 1.6 so the net offer share is TWD 38.4 per share and it currently hold 89.5% stake in TPEX. Upon the completion of the share transfer,the company will be a 100% owned subsidiary of ARISAWA. Arisawa will fund the transaction from owns funds and Thinflex will reduce management costs and improve competitive advantage and management efficiency. Transaction is subject to Thinflex shareholders approval. The Board of Directors approved the share transfer plan with Arisawa Manufacturing Co. Ltd.The transaction will not affect the net worth per share and earnings per shares. Transaction is expected to be complete on December 10, 2021. Diwan & Company acted as accountant and LU, JUI-WEN acted as lawyer for Thinflex.
Reported Earnings • May 08Full year 2021 earnings released: EPS JP¥64.92 (vs JP¥6.11 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥46.4b (up 1.0% from FY 2020). Net income: JP¥2.16b (up JP¥1.95b from FY 2020). Profit margin: 4.7% (up from 0.5% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥34.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 3.1%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
お知らせ • Mar 21Arisawa Mfg. Co., Ltd. to Report Fiscal Year 2021 Results on May 06, 2021Arisawa Mfg. Co., Ltd. announced that they will report fiscal year 2021 results on May 06, 2021
Is New 90 Day High Low • Mar 09New 90-day high: JP¥1,030The company is up 6.0% from its price of JP¥970 on 09 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 3.0% over the same period.
Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥15.84 (vs JP¥23.22 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥12.4b (up 5.8% from 3Q 2020). Net income: JP¥527.0m (down 32% from 3Q 2020). Profit margin: 4.2% (down from 6.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 2.3%, compared to a 6.9% growth forecast for the Electronic industry in Japan.
Is New 90 Day High Low • Jan 14New 90-day high: JP¥1,013The company is up 10.0% from its price of JP¥922 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.
Is New 90 Day High Low • Dec 15New 90-day high: JP¥1,009The company is up 2.0% from its price of JP¥991 on 16 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 15% over the same period.
お知らせ • Nov 29Arisawa Mfg. Co., Ltd. to Report Q3, 2021 Results on Jan 28, 2021Arisawa Mfg. Co., Ltd. announced that they will report Q3, 2021 results on Jan 28, 2021
お知らせ • Sep 12Arisawa Mfg. Co., Ltd. to Report Q2, 2021 Results on Oct 29, 2020Arisawa Mfg. Co., Ltd. announced that they will report Q2, 2021 results on Oct 29, 2020