View Financial HealthBuffalo 配当と自社株買い配当金 基準チェック /46Buffaloは配当を支払う会社で、現在の利回りは2.38%ですが、利益によって十分にカバーされています。次の支払い日は 9th June, 2026で、権利落ち日は30th March, 2026 。主要情報2.4%配当利回り12.7%バイバック利回り総株主利回り15.0%将来の配当利回り2.4%配当成長11.8%次回配当支払日09 Jun 26配当落ち日30 Mar 26一株当たり配当金n/a配当性向16%最近の配当と自社株買いの更新Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).分析記事 • Feb 16Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00Buffalo Inc. ( TSE:6676 ) will pay a dividend of ¥60.00 on the 9th of June. This means that the annual payment will be...分析記事 • Dec 05Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00The board of Buffalo Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 9th of...Declared Dividend • Dec 05First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 60% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 04 December 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2025 Payment date: 4th December 2025 Dividend yield will be 4.4%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 59% over the next 3 years. A fall of 59% would increase the payout ratio to a potentially unsustainable range, which means the dividend may be at risk.すべての更新を表示Recent updatesUpcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).分析記事 • Feb 16Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00Buffalo Inc. ( TSE:6676 ) will pay a dividend of ¥60.00 on the 9th of June. This means that the annual payment will be...Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥186 (vs JP¥151 in 3Q 2025)Third quarter 2026 results: EPS: JP¥186. Revenue: JP¥30.3b (down 15% from 3Q 2025). Net income: JP¥2.24b (down 2.4% from 3Q 2025). Profit margin: 7.4% (up from 6.4% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥5,420, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 247% over the past three years.Major Estimate Revision • Dec 06Consensus EPS estimates increase by 52%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥354 to JP¥538. Revenue forecast steady at JP¥112.0b. Net income forecast to shrink 42% next year vs 4.3% growth forecast for Tech industry in Japan . Consensus price target up from JP¥3,700 to JP¥4,900. Share price fell 4.6% to JP¥4,810 over the past week.分析記事 • Dec 05Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00The board of Buffalo Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 9th of...Declared Dividend • Dec 05First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 60% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.お知らせ • Dec 03Buffalo Inc. to Report Q3, 2026 Results on Feb 12, 2026Buffalo Inc. announced that they will report Q3, 2026 results on Feb 12, 2026分析記事 • Nov 19We Think Buffalo's (TSE:6676) Healthy Earnings Might Be ConservativeShareholders appeared to be happy with Buffalo Inc.'s ( TSE:6676 ) solid earnings report last week. Looking deeper at...Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥183 (vs JP¥73.64 in 2Q 2025)Second quarter 2026 results: EPS: JP¥183 (up from JP¥73.64 in 2Q 2025). Revenue: JP¥28.7b (down 24% from 2Q 2025). Net income: JP¥2.31b (up 103% from 2Q 2025). Profit margin: 8.0% (up from 3.0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 31% 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 • Nov 13Improved Earnings Required Before Buffalo Inc. (TSE:6676) Stock's 27% Jump Looks JustifiedBuffalo Inc. ( TSE:6676 ) shareholders have had their patience rewarded with a 27% share price jump in the last month...Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥4,395, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 193% over the past three years.Major Estimate Revision • Oct 01Consensus EPS estimates increase by 63%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥106.0b to JP¥111.2b. EPS estimate increased from JP¥217 to JP¥354 per share. Net income forecast to shrink 43% next year vs 13% growth forecast for Tech industry in Japan . Consensus price target up from JP¥2,500 to JP¥3,700. Share price rose 2.3% to JP¥3,635 over the past week.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 04 December 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).お知らせ • Sep 03Buffalo Inc. to Report Q2, 2026 Results on Nov 12, 2025Buffalo Inc. announced that they will report Q2, 2026 results on Nov 12, 2025Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 41%After last week's 41% share price gain to JP¥3,580, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 121% over the past three years.分析記事 • Aug 12Buffalo Inc. (TSE:6676) Stock Catapults 32% Though Its Price And Business Still Lag The MarketTSE:6676 1 Year Share Price vs Fair Value Explore Buffalo's Fair Values from the Community and select yours Buffalo...Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥165 (vs JP¥48.13 in 1Q 2025)First quarter 2026 results: EPS: JP¥165 (up from JP¥48.13 in 1Q 2025). Revenue: JP¥31.4b (down 13% from 1Q 2025). Net income: JP¥2.31b (up 187% from 1Q 2025). Profit margin: 7.4% (up from 2.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2025 Payment date: 4th December 2025 Dividend yield will be 4.4%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 59% over the next 3 years. A fall of 59% would increase the payout ratio to a potentially unsustainable range, which means the dividend may be at risk.お知らせ • Jun 05Buffalo Inc. to Report Q1, 2026 Results on Aug 08, 2025Buffalo Inc. announced that they will report Q1, 2026 results on Aug 08, 2025分析記事 • May 14Why Buffalo's (TSE:6676) Earnings Are Better Than They SeemBuffalo Inc.'s ( TSE:6676 ) solid earnings announcement recently didn't do much to the stock price. We did some...Reported Earnings • May 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥384 (up from JP¥180 in FY 2024). Revenue: JP¥143.2b (down 1.8% from FY 2024). Net income: JP¥6.01b (up 99% from FY 2024). Profit margin: 4.2% (up from 2.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Tech industry in Japan are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 18% per year.お知らせ • May 07Buffalo Inc., Annual General Meeting, Jun 25, 2025Buffalo Inc., Annual General Meeting, Jun 25, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,816, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Tech industry in Japan. Total loss to shareholders of 1.8% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).お知らせ • Mar 11Melco Holdings Inc. to Report Fiscal Year 2025 Results on May 07, 2025Melco Holdings Inc. announced that they will report fiscal year 2025 results on May 07, 2025Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥151 (vs JP¥45.33 in 3Q 2024)Third quarter 2025 results: EPS: JP¥151 (up from JP¥45.33 in 3Q 2024). Revenue: JP¥35.7b (down 8.6% from 3Q 2024). Net income: JP¥2.29b (up 202% from 3Q 2024). Profit margin: 6.4% (up from 1.9% in 3Q 2024). Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.New Risk • Feb 13New 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 7.4% 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: Major Risk Earnings are forecast to decline by an average of 26% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥2,705, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 47% over the past three years.お知らせ • Feb 12Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 2,800,000 shares, representing 18.41% for ¥7,000 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 18.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥7,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on May 13, 2025. As of January 31, 2025, the company had 15,205,607 issued shares (excluding treasury stock) and 94,393 treasury shares.お知らせ • Jan 03Melco Holdings Inc. to Report Q3, 2025 Results on Feb 12, 2025Melco Holdings Inc. announced that they will report Q3, 2025 results on Feb 12, 2025Reported Earnings • Nov 16Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥38.0b (up 7.7% from 2Q 2024). Net income: JP¥1.14b (up 57% from 2Q 2024). Profit margin: 3.0% (up from 2.1% in 2Q 2024). Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%.お知らせ • Nov 14+ 2 more updatesMelco Holdings Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Melco Holdings Inc. provided dividend guidance for the fiscal Year ending March 31, 2025. For the period, Company expects dividend of JPY 40.00 per share against JPY 60.00 per share paid a year ago.Declared Dividend • Nov 14Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 11th June 2025 Dividend yield will be 81%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 49% over the next 3 years. Since a fall of 32% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.Board Change • Oct 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Outside Independent Director Shogo Kimura was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Sep 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 14% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorates as stock falls 40%After last week's 40% share price decline to JP¥2,280, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 45% over the past three years.Upcoming Dividend • Sep 20Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.5%).分析記事 • Sep 19Optimistic Investors Push Melco Holdings Inc. (TSE:6676) Shares Up 26% But Growth Is LackingMelco Holdings Inc. ( TSE:6676 ) shareholders would be excited to see that the share price has had a great month...分析記事 • Sep 16Melco Holdings (TSE:6676) Will Pay A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th...お知らせ • Sep 11Melco Holdings Inc. to Report Q2, 2025 Results on Nov 12, 2024Melco Holdings Inc. announced that they will report Q2, 2025 results on Nov 12, 2024分析記事 • Sep 02Melco Holdings' (TSE:6676) Dividend Will Be ¥60.00Melco Holdings Inc.'s ( TSE:6676 ) investors are due to receive a payment of ¥60.00 per share on 5th of December. This...Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,525, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Tech industry in Japan. Total loss to shareholders of 22% over the past three years.分析記事 • Aug 18Melco Holdings (TSE:6676) Is Due To Pay A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th...Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥48.13 (vs JP¥32.65 in 1Q 2024)First quarter 2025 results: EPS: JP¥48.13 (up from JP¥32.65 in 1Q 2024). Revenue: JP¥35.9b (up 3.3% from 1Q 2024). Net income: JP¥804.0m (up 46% from 1Q 2024). Profit margin: 2.2% (up from 1.6% in 1Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.分析記事 • Aug 05Melco Holdings Inc. (TSE:6676) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelyThe Melco Holdings Inc. ( TSE:6676 ) share price has fared very poorly over the last month, falling by a substantial...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% 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 Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥2,515, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total loss to shareholders of 53% over the past three years.分析記事 • Jul 26Melco Holdings' (TSE:6676) Dividend Will Be ¥60.00Melco Holdings Inc.'s ( TSE:6676 ) investors are due to receive a payment of ¥60.00 per share on 5th of December. This...分析記事 • Jul 11Melco Holdings (TSE:6676) Is Due To Pay A Dividend Of ¥60.00Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th of December...Declared Dividend • Jul 11Final dividend of JP¥60.00 announcedDividend of JP¥60.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 49% over the next 2 years, which should provide support to the dividend and adequate earnings cover.New Risk • Jul 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 79% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.分析記事 • May 21Melco Holdings' (TSE:6676) Profits May Not Reveal Underlying IssuesMelco Holdings Inc.'s ( TSE:6676 ) healthy profit numbers didn't contain any surprises for investors. We believe that...Reported Earnings • May 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥180 (down from JP¥181 in FY 2023). Revenue: JP¥145.8b (up 2.2% from FY 2023). Net income: JP¥3.01b (down 1.5% from FY 2023). Profit margin: 2.1% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 88%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • May 15Melco Holdings Inc., Annual General Meeting, Jun 26, 2024Melco Holdings Inc., Annual General Meeting, Jun 26, 2024.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥3,860, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 8.7% over the past three years.お知らせ • May 14Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 2,000,000 shares, representing 11.97% for ¥8,000 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 11.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥8,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on May 13, 2025. As of March 31, 2024, the company had 16,704,347 issued shares (excluding treasury stock) and 233,526 treasury shares.お知らせ • Apr 14Melco Holdings Inc. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2024Melco Holdings Inc. revised consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of JPY 145,000 million compared to JPY 148,000 million as previously announced, operating profit of JPY 1,900 million compared to JPY 1,800 million as previously announced and profit attributable to owners of parent of JPY 2,300 million compared to JPY 1,200 million or as previously announced and Earnings per share of 137.00 per share compared to JPY 71.57 per share as previously announced. The Company has revised its consolidated earnings forecasts for the full fiscal year ending March 31, 2024, in consideration of the recording as extraordinary income of gain on sale of shares of subsidiaries and associates of approximately ¥2.0 billion resulting from the transfer of SAISON INFORMATION s shares, the recording of income tax expense including a review of deferred tax assets, and recent business trends.分析記事 • Mar 28Returns On Capital Signal Difficult Times Ahead For Melco Holdings (TSE:6676)If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.5%).New Risk • Mar 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (5.2% increase in shares outstanding).分析記事 • Mar 06Melco Holdings (TSE:6676) Is Paying Out A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 10th...お知らせ • Mar 06Melco Holdings Inc. to Report Fiscal Year 2024 Results on May 13, 2024Melco Holdings Inc. announced that they will report fiscal year 2024 results on May 13, 2024Buy Or Sell Opportunity • Mar 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to JP¥3,185. The fair value is estimated to be JP¥4,006, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 34%.お知らせ • Feb 16+ 1 more updateMelco Holdings Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Melco Holdings Inc. provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 148,000 million, operating profit of JPY 1,800 million, profit attributable to owners of parent of JPY 1,200 million and earnings per share of JPY 71.57.Reported Earnings • Feb 15Third quarter 2024 earnings released: EPS: JP¥45.32 (vs JP¥23.17 in 3Q 2023)Third quarter 2024 results: EPS: JP¥45.32 (up from JP¥23.17 in 3Q 2023). Revenue: JP¥39.0b (up 1.4% from 3Q 2023). Net income: JP¥758.0m (up 94% from 3Q 2023). Profit margin: 1.9% (up from 1.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Feb 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to JP¥3,160. The fair value is estimated to be JP¥3,963, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 34%.お知らせ • Dec 07Melco Holdings Inc. to Report Q3, 2024 Results on Feb 13, 2024Melco Holdings Inc. announced that they will report Q3, 2024 results on Feb 13, 2024Reported Earnings • Nov 15Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: JP¥43.17 (down from JP¥62.17 in 2Q 2023). Revenue: JP¥35.3b (up 2.7% from 2Q 2023). Net income: JP¥725.0m (down 31% from 2Q 2023). Profit margin: 2.1% (down from 3.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 62%. 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 4% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥60.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.7%).お知らせ • Sep 03Melco Holdings Inc. to Report Q2, 2024 Results on Nov 13, 2023Melco Holdings Inc. announced that they will report Q2, 2024 results on Nov 13, 2023Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥32.65 (vs JP¥67.62 in 1Q 2023)First quarter 2024 results: EPS: JP¥32.65 (down from JP¥67.62 in 1Q 2023). Revenue: JP¥34.7b (up 1.2% from 1Q 2023). Net income: JP¥550.0m (down 52% from 1Q 2023). Profit margin: 1.6% (down from 3.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Jun 10Melco Holdings Inc. to Report Q1, 2024 Results on Aug 09, 2023Melco Holdings Inc. announced that they will report Q1, 2024 results on Aug 09, 2023お知らせ • May 17Melco Holdings Inc., Annual General Meeting, Jun 26, 2023Melco Holdings Inc., Annual General Meeting, Jun 26, 2023.Reported Earnings • May 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥181 (down from JP¥584 in FY 2022). Revenue: JP¥142.6b (down 1.1% from FY 2022). Net income: JP¥3.06b (down 67% from FY 2022). Profit margin: 2.1% (down from 6.5% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.1%).お知らせ • Feb 17+ 1 more updateMelco Holdings Inc. Provides Year End Dividend for the Year Ending March 31, 2023Melco Holdings Inc. provided year end dividend for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects to pay year end dividend of JPY 60.00 per share compared to JPY 60.00 per share paid a year ago.Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: JP¥23.17 (vs JP¥131 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.17 (down from JP¥131 in 3Q 2022). Revenue: JP¥38.5b (up 2.2% from 3Q 2022). Net income: JP¥391.0m (down 81% from 3Q 2022). Profit margin: 1.0% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% 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 • Feb 14Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 1,000,000 shares, representing 5.93% for ¥3,500 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,500 million. The purpose of the program is to enhance the shareholder returns, to improve capital efficiency and to implement a capital policy that responds to changes in the business environment. The program will expire on February 13, 2024. As of December 31, 2022, the company had 16,873,367 issued shares (excluding treasury stock) and 1,064,506 treasury shares.お知らせ • Nov 30Melco Holdings Inc. to Report Q3, 2023 Results on Jan 30, 2023Melco Holdings Inc. announced that they will report Q3, 2023 results on Jan 30, 2023お知らせ • Nov 25+ 2 more updatesMelco Holdings Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Melco Holdings Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 150,000 million, operating profit of JPY 6,500 million and profit attributable to owners of parent of JPY 5,000 million or 296.32 per share.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: 4 independent directors. 7 non-independent directors. Independent Outside Director Jun Kamiya was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Buying Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥3,917, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to decline by 13% in the next 2 years.Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 22 November 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).お知らせ • Sep 01Melco Holdings Inc. to Report Q2, 2023 Results on Oct 28, 2022Melco Holdings Inc. announced that they will report Q2, 2023 results on Oct 28, 2022お知らせ • Jul 30+ 2 more updatesMelco Holdings Inc. Provides Year Dividend Guidance for the Full Year Ending March 31, 2023Melco Holdings Inc. provided year dividend guidance for the full year ending March 31, 2023. For the full year, the company expected year end dividend of JPY 60 per share compared to JPY 60 per share paid a year ago.Reported Earnings • Jul 27First quarter 2023 earnings released: EPS: JP¥67.62 (vs JP¥156 in 1Q 2022)First quarter 2023 results: EPS: JP¥67.62 (down from JP¥156 in 1Q 2022). Revenue: JP¥34.3b (down 4.9% from 1Q 2022). Net income: JP¥1.14b (down 54% from 1Q 2022). Profit margin: 3.3% (down from 6.9% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.6%, 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 47% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 12Melco Holdings Inc. to Report Q1, 2023 Results on Jul 26, 2022Melco Holdings Inc. announced that they will report Q1, 2023 results on Jul 26, 2022Major Estimate Revision • Jun 11Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥145.1b to JP¥148.1b. EPS estimate fell from JP¥471 to JP¥376 per share. Net income forecast to shrink 32% next year vs 3.2% growth forecast for Tech industry in Japan . Consensus price target of JP¥4,200 unchanged from last update. Share price fell 4.0% to JP¥3,495 over the past week.決済の安定と成長配当データの取得安定した配当: 6676の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 6676の配当金は過去10年間にわたって増加しています。配当利回り対市場Buffalo 配当利回り対市場6676 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (6676)2.4%市場下位25% (JP)1.7%市場トップ25% (JP)3.7%業界平均 (Tech)3.1%アナリスト予想 (6676) (最長3年)2.4%注目すべき配当: 6676の配当金 ( 2.38% ) はJP市場の配当金支払者の下位 25% ( 1.7% ) よりも高くなっています。高配当: 6676の配当金 ( 2.38% ) はJP市場の配当金支払者の上位 25% ( 3.68% ) と比較すると低いです。株主への利益配当収益カバレッジ: 6676は低い 配当性向 ( 15.6% ) であるため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 6676は 現金配当性向 ( 8.5% ) が低いため、配当金の支払いはキャッシュフローによって完全にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YJP 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 07:13終値2026/05/08 00:00収益2025/12/31年間収益2025/03/31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本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Buffalo Inc. 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。7 アナリスト機関null nullDaiwa Securities Co. Ltd.Satoshi SakaeDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.4 その他のアナリストを表示
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).
分析記事 • Feb 16Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00Buffalo Inc. ( TSE:6676 ) will pay a dividend of ¥60.00 on the 9th of June. This means that the annual payment will be...
分析記事 • Dec 05Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00The board of Buffalo Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 9th of...
Declared Dividend • Dec 05First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 60% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 04 December 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).
Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2025 Payment date: 4th December 2025 Dividend yield will be 4.4%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 59% over the next 3 years. A fall of 59% would increase the payout ratio to a potentially unsustainable range, which means the dividend may be at risk.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).
分析記事 • Feb 16Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00Buffalo Inc. ( TSE:6676 ) will pay a dividend of ¥60.00 on the 9th of June. This means that the annual payment will be...
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥186 (vs JP¥151 in 3Q 2025)Third quarter 2026 results: EPS: JP¥186. Revenue: JP¥30.3b (down 15% from 3Q 2025). Net income: JP¥2.24b (down 2.4% from 3Q 2025). Profit margin: 7.4% (up from 6.4% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥5,420, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 247% over the past three years.
Major Estimate Revision • Dec 06Consensus EPS estimates increase by 52%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥354 to JP¥538. Revenue forecast steady at JP¥112.0b. Net income forecast to shrink 42% next year vs 4.3% growth forecast for Tech industry in Japan . Consensus price target up from JP¥3,700 to JP¥4,900. Share price fell 4.6% to JP¥4,810 over the past week.
分析記事 • Dec 05Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00The board of Buffalo Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 9th of...
Declared Dividend • Dec 05First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 60% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Dec 03Buffalo Inc. to Report Q3, 2026 Results on Feb 12, 2026Buffalo Inc. announced that they will report Q3, 2026 results on Feb 12, 2026
分析記事 • Nov 19We Think Buffalo's (TSE:6676) Healthy Earnings Might Be ConservativeShareholders appeared to be happy with Buffalo Inc.'s ( TSE:6676 ) solid earnings report last week. Looking deeper at...
Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥183 (vs JP¥73.64 in 2Q 2025)Second quarter 2026 results: EPS: JP¥183 (up from JP¥73.64 in 2Q 2025). Revenue: JP¥28.7b (down 24% from 2Q 2025). Net income: JP¥2.31b (up 103% from 2Q 2025). Profit margin: 8.0% (up from 3.0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 31% 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 • Nov 13Improved Earnings Required Before Buffalo Inc. (TSE:6676) Stock's 27% Jump Looks JustifiedBuffalo Inc. ( TSE:6676 ) shareholders have had their patience rewarded with a 27% share price jump in the last month...
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥4,395, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 193% over the past three years.
Major Estimate Revision • Oct 01Consensus EPS estimates increase by 63%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥106.0b to JP¥111.2b. EPS estimate increased from JP¥217 to JP¥354 per share. Net income forecast to shrink 43% next year vs 13% growth forecast for Tech industry in Japan . Consensus price target up from JP¥2,500 to JP¥3,700. Share price rose 2.3% to JP¥3,635 over the past week.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 04 December 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).
お知らせ • Sep 03Buffalo Inc. to Report Q2, 2026 Results on Nov 12, 2025Buffalo Inc. announced that they will report Q2, 2026 results on Nov 12, 2025
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 41%After last week's 41% share price gain to JP¥3,580, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 121% over the past three years.
分析記事 • Aug 12Buffalo Inc. (TSE:6676) Stock Catapults 32% Though Its Price And Business Still Lag The MarketTSE:6676 1 Year Share Price vs Fair Value Explore Buffalo's Fair Values from the Community and select yours Buffalo...
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥165 (vs JP¥48.13 in 1Q 2025)First quarter 2026 results: EPS: JP¥165 (up from JP¥48.13 in 1Q 2025). Revenue: JP¥31.4b (down 13% from 1Q 2025). Net income: JP¥2.31b (up 187% from 1Q 2025). Profit margin: 7.4% (up from 2.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2025 Payment date: 4th December 2025 Dividend yield will be 4.4%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 59% over the next 3 years. A fall of 59% would increase the payout ratio to a potentially unsustainable range, which means the dividend may be at risk.
お知らせ • Jun 05Buffalo Inc. to Report Q1, 2026 Results on Aug 08, 2025Buffalo Inc. announced that they will report Q1, 2026 results on Aug 08, 2025
分析記事 • May 14Why Buffalo's (TSE:6676) Earnings Are Better Than They SeemBuffalo Inc.'s ( TSE:6676 ) solid earnings announcement recently didn't do much to the stock price. We did some...
Reported Earnings • May 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥384 (up from JP¥180 in FY 2024). Revenue: JP¥143.2b (down 1.8% from FY 2024). Net income: JP¥6.01b (up 99% from FY 2024). Profit margin: 4.2% (up from 2.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Tech industry in Japan are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 18% per year.
お知らせ • May 07Buffalo Inc., Annual General Meeting, Jun 25, 2025Buffalo Inc., Annual General Meeting, Jun 25, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,816, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Tech industry in Japan. Total loss to shareholders of 1.8% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
お知らせ • Mar 11Melco Holdings Inc. to Report Fiscal Year 2025 Results on May 07, 2025Melco Holdings Inc. announced that they will report fiscal year 2025 results on May 07, 2025
Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥151 (vs JP¥45.33 in 3Q 2024)Third quarter 2025 results: EPS: JP¥151 (up from JP¥45.33 in 3Q 2024). Revenue: JP¥35.7b (down 8.6% from 3Q 2024). Net income: JP¥2.29b (up 202% from 3Q 2024). Profit margin: 6.4% (up from 1.9% in 3Q 2024). Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
New Risk • Feb 13New 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 7.4% 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: Major Risk Earnings are forecast to decline by an average of 26% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥2,705, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 47% over the past three years.
お知らせ • Feb 12Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 2,800,000 shares, representing 18.41% for ¥7,000 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 18.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥7,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on May 13, 2025. As of January 31, 2025, the company had 15,205,607 issued shares (excluding treasury stock) and 94,393 treasury shares.
お知らせ • Jan 03Melco Holdings Inc. to Report Q3, 2025 Results on Feb 12, 2025Melco Holdings Inc. announced that they will report Q3, 2025 results on Feb 12, 2025
Reported Earnings • Nov 16Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥38.0b (up 7.7% from 2Q 2024). Net income: JP¥1.14b (up 57% from 2Q 2024). Profit margin: 3.0% (up from 2.1% in 2Q 2024). Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%.
お知らせ • Nov 14+ 2 more updatesMelco Holdings Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Melco Holdings Inc. provided dividend guidance for the fiscal Year ending March 31, 2025. For the period, Company expects dividend of JPY 40.00 per share against JPY 60.00 per share paid a year ago.
Declared Dividend • Nov 14Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 11th June 2025 Dividend yield will be 81%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 49% over the next 3 years. Since a fall of 32% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
Board Change • Oct 15Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Outside Independent Director Shogo Kimura was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Sep 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 14% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorates as stock falls 40%After last week's 40% share price decline to JP¥2,280, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 45% over the past three years.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.5%).
分析記事 • Sep 19Optimistic Investors Push Melco Holdings Inc. (TSE:6676) Shares Up 26% But Growth Is LackingMelco Holdings Inc. ( TSE:6676 ) shareholders would be excited to see that the share price has had a great month...
分析記事 • Sep 16Melco Holdings (TSE:6676) Will Pay A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th...
お知らせ • Sep 11Melco Holdings Inc. to Report Q2, 2025 Results on Nov 12, 2024Melco Holdings Inc. announced that they will report Q2, 2025 results on Nov 12, 2024
分析記事 • Sep 02Melco Holdings' (TSE:6676) Dividend Will Be ¥60.00Melco Holdings Inc.'s ( TSE:6676 ) investors are due to receive a payment of ¥60.00 per share on 5th of December. This...
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,525, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Tech industry in Japan. Total loss to shareholders of 22% over the past three years.
分析記事 • Aug 18Melco Holdings (TSE:6676) Is Due To Pay A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th...
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥48.13 (vs JP¥32.65 in 1Q 2024)First quarter 2025 results: EPS: JP¥48.13 (up from JP¥32.65 in 1Q 2024). Revenue: JP¥35.9b (up 3.3% from 1Q 2024). Net income: JP¥804.0m (up 46% from 1Q 2024). Profit margin: 2.2% (up from 1.6% in 1Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
分析記事 • Aug 05Melco Holdings Inc. (TSE:6676) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelyThe Melco Holdings Inc. ( TSE:6676 ) share price has fared very poorly over the last month, falling by a substantial...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% 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 Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥2,515, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total loss to shareholders of 53% over the past three years.
分析記事 • Jul 26Melco Holdings' (TSE:6676) Dividend Will Be ¥60.00Melco Holdings Inc.'s ( TSE:6676 ) investors are due to receive a payment of ¥60.00 per share on 5th of December. This...
分析記事 • Jul 11Melco Holdings (TSE:6676) Is Due To Pay A Dividend Of ¥60.00Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th of December...
Declared Dividend • Jul 11Final dividend of JP¥60.00 announcedDividend of JP¥60.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 49% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Jul 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 79% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
分析記事 • May 21Melco Holdings' (TSE:6676) Profits May Not Reveal Underlying IssuesMelco Holdings Inc.'s ( TSE:6676 ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Reported Earnings • May 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥180 (down from JP¥181 in FY 2023). Revenue: JP¥145.8b (up 2.2% from FY 2023). Net income: JP¥3.01b (down 1.5% from FY 2023). Profit margin: 2.1% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 88%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • May 15Melco Holdings Inc., Annual General Meeting, Jun 26, 2024Melco Holdings Inc., Annual General Meeting, Jun 26, 2024.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥3,860, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 8.7% over the past three years.
お知らせ • May 14Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 2,000,000 shares, representing 11.97% for ¥8,000 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 11.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥8,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on May 13, 2025. As of March 31, 2024, the company had 16,704,347 issued shares (excluding treasury stock) and 233,526 treasury shares.
お知らせ • Apr 14Melco Holdings Inc. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2024Melco Holdings Inc. revised consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of JPY 145,000 million compared to JPY 148,000 million as previously announced, operating profit of JPY 1,900 million compared to JPY 1,800 million as previously announced and profit attributable to owners of parent of JPY 2,300 million compared to JPY 1,200 million or as previously announced and Earnings per share of 137.00 per share compared to JPY 71.57 per share as previously announced. The Company has revised its consolidated earnings forecasts for the full fiscal year ending March 31, 2024, in consideration of the recording as extraordinary income of gain on sale of shares of subsidiaries and associates of approximately ¥2.0 billion resulting from the transfer of SAISON INFORMATION s shares, the recording of income tax expense including a review of deferred tax assets, and recent business trends.
分析記事 • Mar 28Returns On Capital Signal Difficult Times Ahead For Melco Holdings (TSE:6676)If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.5%).
New Risk • Mar 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (5.2% increase in shares outstanding).
分析記事 • Mar 06Melco Holdings (TSE:6676) Is Paying Out A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 10th...
お知らせ • Mar 06Melco Holdings Inc. to Report Fiscal Year 2024 Results on May 13, 2024Melco Holdings Inc. announced that they will report fiscal year 2024 results on May 13, 2024
Buy Or Sell Opportunity • Mar 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to JP¥3,185. The fair value is estimated to be JP¥4,006, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 34%.
お知らせ • Feb 16+ 1 more updateMelco Holdings Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Melco Holdings Inc. provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 148,000 million, operating profit of JPY 1,800 million, profit attributable to owners of parent of JPY 1,200 million and earnings per share of JPY 71.57.
Reported Earnings • Feb 15Third quarter 2024 earnings released: EPS: JP¥45.32 (vs JP¥23.17 in 3Q 2023)Third quarter 2024 results: EPS: JP¥45.32 (up from JP¥23.17 in 3Q 2023). Revenue: JP¥39.0b (up 1.4% from 3Q 2023). Net income: JP¥758.0m (up 94% from 3Q 2023). Profit margin: 1.9% (up from 1.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Feb 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to JP¥3,160. The fair value is estimated to be JP¥3,963, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 34%.
お知らせ • Dec 07Melco Holdings Inc. to Report Q3, 2024 Results on Feb 13, 2024Melco Holdings Inc. announced that they will report Q3, 2024 results on Feb 13, 2024
Reported Earnings • Nov 15Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: JP¥43.17 (down from JP¥62.17 in 2Q 2023). Revenue: JP¥35.3b (up 2.7% from 2Q 2023). Net income: JP¥725.0m (down 31% from 2Q 2023). Profit margin: 2.1% (down from 3.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 62%. 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 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥60.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.7%).
お知らせ • Sep 03Melco Holdings Inc. to Report Q2, 2024 Results on Nov 13, 2023Melco Holdings Inc. announced that they will report Q2, 2024 results on Nov 13, 2023
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥32.65 (vs JP¥67.62 in 1Q 2023)First quarter 2024 results: EPS: JP¥32.65 (down from JP¥67.62 in 1Q 2023). Revenue: JP¥34.7b (up 1.2% from 1Q 2023). Net income: JP¥550.0m (down 52% from 1Q 2023). Profit margin: 1.6% (down from 3.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Jun 10Melco Holdings Inc. to Report Q1, 2024 Results on Aug 09, 2023Melco Holdings Inc. announced that they will report Q1, 2024 results on Aug 09, 2023
お知らせ • May 17Melco Holdings Inc., Annual General Meeting, Jun 26, 2023Melco Holdings Inc., Annual General Meeting, Jun 26, 2023.
Reported Earnings • May 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥181 (down from JP¥584 in FY 2022). Revenue: JP¥142.6b (down 1.1% from FY 2022). Net income: JP¥3.06b (down 67% from FY 2022). Profit margin: 2.1% (down from 6.5% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.1%).
お知らせ • Feb 17+ 1 more updateMelco Holdings Inc. Provides Year End Dividend for the Year Ending March 31, 2023Melco Holdings Inc. provided year end dividend for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects to pay year end dividend of JPY 60.00 per share compared to JPY 60.00 per share paid a year ago.
Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: JP¥23.17 (vs JP¥131 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.17 (down from JP¥131 in 3Q 2022). Revenue: JP¥38.5b (up 2.2% from 3Q 2022). Net income: JP¥391.0m (down 81% from 3Q 2022). Profit margin: 1.0% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% 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 • Feb 14Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 1,000,000 shares, representing 5.93% for ¥3,500 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,500 million. The purpose of the program is to enhance the shareholder returns, to improve capital efficiency and to implement a capital policy that responds to changes in the business environment. The program will expire on February 13, 2024. As of December 31, 2022, the company had 16,873,367 issued shares (excluding treasury stock) and 1,064,506 treasury shares.
お知らせ • Nov 30Melco Holdings Inc. to Report Q3, 2023 Results on Jan 30, 2023Melco Holdings Inc. announced that they will report Q3, 2023 results on Jan 30, 2023
お知らせ • Nov 25+ 2 more updatesMelco Holdings Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Melco Holdings Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 150,000 million, operating profit of JPY 6,500 million and profit attributable to owners of parent of JPY 5,000 million or 296.32 per share.
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: 4 independent directors. 7 non-independent directors. Independent Outside Director Jun Kamiya was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Buying Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥3,917, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to decline by 13% in the next 2 years.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 22 November 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).
お知らせ • Sep 01Melco Holdings Inc. to Report Q2, 2023 Results on Oct 28, 2022Melco Holdings Inc. announced that they will report Q2, 2023 results on Oct 28, 2022
お知らせ • Jul 30+ 2 more updatesMelco Holdings Inc. Provides Year Dividend Guidance for the Full Year Ending March 31, 2023Melco Holdings Inc. provided year dividend guidance for the full year ending March 31, 2023. For the full year, the company expected year end dividend of JPY 60 per share compared to JPY 60 per share paid a year ago.
Reported Earnings • Jul 27First quarter 2023 earnings released: EPS: JP¥67.62 (vs JP¥156 in 1Q 2022)First quarter 2023 results: EPS: JP¥67.62 (down from JP¥156 in 1Q 2022). Revenue: JP¥34.3b (down 4.9% from 1Q 2022). Net income: JP¥1.14b (down 54% from 1Q 2022). Profit margin: 3.3% (down from 6.9% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.6%, 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 47% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 12Melco Holdings Inc. to Report Q1, 2023 Results on Jul 26, 2022Melco Holdings Inc. announced that they will report Q1, 2023 results on Jul 26, 2022
Major Estimate Revision • Jun 11Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥145.1b to JP¥148.1b. EPS estimate fell from JP¥471 to JP¥376 per share. Net income forecast to shrink 32% next year vs 3.2% growth forecast for Tech industry in Japan . Consensus price target of JP¥4,200 unchanged from last update. Share price fell 4.0% to JP¥3,495 over the past week.