View ValuationAiphoneLtd 将来の成長Future 基準チェック /26AiphoneLtdは、12.3%と4%でそれぞれ年率12.3%で利益と収益が成長すると予測される一方、EPSはgrowで12.3%年率。主要情報12.3%収益成長率12.30%EPS成長率Communications 収益成長45.2%収益成長率4.0%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25 May 2026今後の成長に関する最新情報Major Estimate Revision • Feb 10Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥64.7b to JP¥62.5b. EPS estimate also fell from JP¥192 per share to JP¥153 per share. Net income forecast to grow 20% next year vs 59% growth forecast for Communications industry in Japan. Consensus price target of JP¥2,820 unchanged from last update. Share price fell 3.8% to JP¥2,885 over the past week.分析記事 • Feb 06Aiphone Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedLast week, you might have seen that Aiphone Co.,Ltd. ( TSE:6718 ) released its quarterly result to the market. The...分析記事 • Feb 06Aiphone Co.,Ltd. (TSE:6718) Just Released Its Third-Quarter Results And Analysts Are Updating Their EstimatesShareholders might have noticed that Aiphone Co.,Ltd. ( TSE:6718 ) filed its quarterly result this time last week. The...分析記事 • Nov 10Earnings Report: Aiphone Co.,Ltd. Missed Revenue Estimates By 7.1%Aiphone Co.,Ltd. ( TSE:6718 ) shareholders are probably feeling a little disappointed, since its shares fell 2.8% to...Price Target Changed • Jun 18Price target decreased by 11% to JP¥2,940Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥2,986. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥237 for next year compared to JP¥284 last year.分析記事 • May 10Aiphone Co.,Ltd. Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting NextThe annual results for Aiphone Co.,Ltd. ( TSE:6718 ) were released last week, making it a good time to revisit its...すべての更新を表示Recent updates分析記事 • May 19We Think That There Are More Issues For AiphoneLtd (TSE:6718) Than Just Sluggish EarningsThe market wasn't impressed with the soft earnings from Aiphone Co.,Ltd. ( TSE:6718 ) recently. We did some analysis...New Risk • May 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.9% net profit margin).Reported Earnings • May 13Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥151 (down from JP¥221 in FY 2025). Revenue: JP¥63.0b (flat on FY 2025). Net income: JP¥2.47b (down 32% from FY 2025). Profit margin: 3.9% (down from 5.7% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 32% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • May 12Aiphone Co.,Ltd., Annual General Meeting, Jun 26, 2026Aiphone Co.,Ltd., Annual General Meeting, Jun 26, 2026.お知らせ • May 10Aiphone Co.,Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Aiphone Co.,Ltd. announced that they will report fiscal year 2026 results at 12:00 PM, Tokyo Standard Time on May 12, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%).Major Estimate Revision • Feb 10Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥64.7b to JP¥62.5b. EPS estimate also fell from JP¥192 per share to JP¥153 per share. Net income forecast to grow 20% next year vs 59% growth forecast for Communications industry in Japan. Consensus price target of JP¥2,820 unchanged from last update. Share price fell 3.8% to JP¥2,885 over the past week.分析記事 • Feb 09AiphoneLtd (TSE:6718) Has Affirmed Its Dividend Of ¥80.00The board of Aiphone Co.,Ltd. ( TSE:6718 ) has announced that it will pay a dividend on the 30th of June, with...分析記事 • Feb 06Aiphone Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedLast week, you might have seen that Aiphone Co.,Ltd. ( TSE:6718 ) released its quarterly result to the market. The...Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥10.33 (vs JP¥21.94 in 3Q 2025)Third quarter 2026 results: EPS: JP¥10.33 (down from JP¥21.94 in 3Q 2025). Revenue: JP¥14.0b (down 8.2% from 3Q 2025). Net income: JP¥169.0m (down 53% from 3Q 2025). Profit margin: 1.2% (down from 2.4% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 28% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.分析記事 • Dec 28AiphoneLtd's (TSE:6718) Dividend Will Be ¥80.00The board of Aiphone Co.,Ltd. ( TSE:6718 ) has announced that it will pay a dividend on the 30th of June, with...お知らせ • Dec 27Aiphone Co.,Ltd. to Report Q3, 2026 Results on Feb 03, 2026Aiphone Co.,Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026分析記事 • Dec 03AiphoneLtd (TSE:6718) Is Paying Out A Dividend Of ¥80.00Aiphone Co.,Ltd.'s ( TSE:6718 ) investors are due to receive a payment of ¥80.00 per share on 30th of June. This makes...Declared Dividend • Dec 03First half dividend of JP¥80.00 announcedDividend of JP¥80.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 16% 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 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Nov 14Weak Statutory Earnings May Not Tell The Whole Story For AiphoneLtd (TSE:6718)A lackluster earnings announcement from Aiphone Co.,Ltd. ( TSE:6718 ) last week didn't sink the stock price. We think...Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: JP¥39.16 (vs JP¥23.04 in 2Q 2025)Second quarter 2026 results: EPS: JP¥39.16 (up from JP¥23.04 in 2Q 2025). Revenue: JP¥15.9b (up 5.2% from 2Q 2025). Net income: JP¥641.0m (up 70% from 2Q 2025). Profit margin: 4.0% (up from 2.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.0%).分析記事 • Sep 01AiphoneLtd (TSE:6718) Is Paying Out A Dividend Of ¥50.00Aiphone Co.,Ltd. ( TSE:6718 ) has announced that it will pay a dividend of ¥50.00 per share on the 2nd of December. The...お知らせ • Sep 01Aiphone Co.,Ltd. to Report Q2, 2026 Results on Nov 04, 2025Aiphone Co.,Ltd. announced that they will report Q2, 2026 results on Nov 04, 2025Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥13.08 (vs JP¥80.48 in 1Q 2025)First quarter 2026 results: EPS: JP¥13.08 (down from JP¥80.48 in 1Q 2025). Revenue: JP¥14.3b (down 9.8% from 1Q 2025). Net income: JP¥214.0m (down 84% from 1Q 2025). Profit margin: 1.5% (down from 8.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 09AiphoneLtd (TSE:6718) Has Announced A Dividend Of ¥50.00Aiphone Co.,Ltd. ( TSE:6718 ) has announced that it will pay a dividend of ¥50.00 per share on the 2nd of December...Declared Dividend • Jul 09Final dividend of JP¥50.00 announcedDividend of JP¥50.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 16% 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 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 04Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥221 (down from JP¥284 in FY 2024). Revenue: JP¥63.3b (up 3.2% from FY 2024). Net income: JP¥3.62b (down 22% from FY 2024). Profit margin: 5.7% (down from 7.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 04Aiphone Co.,Ltd. to Report Q1, 2026 Results on Aug 05, 2025Aiphone Co.,Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025分析記事 • May 15AiphoneLtd's (TSE:6718) Problems Go Beyond Weak ProfitAiphone Co.,Ltd.'s ( TSE:6718 ) stock showed strength, with investors undeterred by its weak earnings report. While...Reported Earnings • May 09Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥221 (down from JP¥284 in FY 2024). Revenue: JP¥63.3b (up 3.2% from FY 2024). Net income: JP¥3.62b (down 22% from FY 2024). Profit margin: 5.7% (down from 7.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 08Aiphone Co.,Ltd., Annual General Meeting, Jun 27, 2025Aiphone Co.,Ltd., Annual General Meeting, Jun 27, 2025.Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to JP¥2,244. The fair value is estimated to be JP¥2,937, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 8.3% in the next 2 years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.0%).お知らせ • Mar 01Aiphone Co.,Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Aiphone Co.,Ltd. announced that they will report fiscal year 2025 results on May 08, 2025分析記事 • Feb 06Aiphone Co.,Ltd. (TSE:6718) Just Released Its Third-Quarter Results And Analysts Are Updating Their EstimatesShareholders might have noticed that Aiphone Co.,Ltd. ( TSE:6718 ) filed its quarterly result this time last week. The...Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥21.94 (vs JP¥38.86 in 3Q 2024)Third quarter 2025 results: EPS: JP¥21.94 (down from JP¥38.86 in 3Q 2024). Revenue: JP¥15.3b (up 3.3% from 3Q 2024). Net income: JP¥359.0m (down 44% from 3Q 2024). Profit margin: 2.4% (down from 4.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Nov 30Aiphone Co.,Ltd. to Report Q3, 2025 Results on Feb 04, 2025Aiphone Co.,Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025分析記事 • Nov 10Earnings Report: Aiphone Co.,Ltd. Missed Revenue Estimates By 7.1%Aiphone Co.,Ltd. ( TSE:6718 ) shareholders are probably feeling a little disappointed, since its shares fell 2.8% to...Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥23.04 (vs JP¥68.93 in 2Q 2024)Second quarter 2025 results: EPS: JP¥23.04 (down from JP¥68.93 in 2Q 2024). Revenue: JP¥15.1b (down 6.5% from 2Q 2024). Net income: JP¥377.0m (down 67% from 2Q 2024). Profit margin: 2.5% (down from 7.0% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. 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.Upcoming Dividend • Sep 20Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 12 December 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.5%).Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥80.48 (vs JP¥92.51 in 1Q 2024)First quarter 2025 results: EPS: JP¥80.48 (down from JP¥92.51 in 1Q 2024). Revenue: JP¥15.9b (up 13% from 1Q 2024). Net income: JP¥1.32b (down 13% from 1Q 2024). Profit margin: 8.3% (down from 11% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 06Now 30% overvaluedOver the last 90 days, the stock has fallen 11% to JP¥2,639. The fair value is estimated to be JP¥2,037, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are forecast to decline by 1.3% per annum over the same time period.分析記事 • Aug 05Lacklustre Performance Is Driving Aiphone Co.,Ltd.'s (TSE:6718) 26% Price DropThe Aiphone Co.,Ltd. ( TSE:6718 ) share price has fared very poorly over the last month, falling by a substantial 26...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥2,350, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 23x in the Communications industry in Asia. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,037 per share.Price Target Changed • Jun 18Price target decreased by 11% to JP¥2,940Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥2,986. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥237 for next year compared to JP¥284 last year.お知らせ • Jun 06Aiphone Co.,Ltd. to Report Q1, 2025 Results on Aug 06, 2024Aiphone Co.,Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024分析記事 • May 10Aiphone Co.,Ltd. Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting NextThe annual results for Aiphone Co.,Ltd. ( TSE:6718 ) were released last week, making it a good time to revisit its...お知らせ • May 10Aiphone Co.,Ltd., Annual General Meeting, Jun 27, 2024Aiphone Co.,Ltd., Annual General Meeting, Jun 27, 2024.Reported Earnings • May 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥284 (up from JP¥179 in FY 2023). Revenue: JP¥61.3b (up 16% from FY 2023). Net income: JP¥4.65b (up 59% from FY 2023). Profit margin: 7.6% (up from 5.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. 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 14% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 21Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).お知らせ • Mar 02Aiphone Co.,Ltd. to Report Fiscal Year 2024 Results on May 08, 2024Aiphone Co.,Ltd. announced that they will report fiscal year 2024 results on May 08, 2024New Risk • Feb 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Major Estimate Revision • Feb 23Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥288 to JP¥243 per share. Revenue forecast steady at JP¥60.6b. Net income forecast to grow 0.5% next year vs 61% growth forecast for Communications industry in Japan. Consensus price target down from JP¥3,300 to JP¥3,130. Share price rose 2.4% to JP¥2,859 over the past week.Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥38.86 (vs JP¥35.81 in 3Q 2023)Third quarter 2024 results: EPS: JP¥38.86 (up from JP¥35.81 in 3Q 2023). Revenue: JP¥14.8b (up 17% from 3Q 2023). Net income: JP¥636.0m (up 8.7% from 3Q 2023). Profit margin: 4.3% (down from 4.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 29Aiphone Co.,Ltd. to Report Q3, 2024 Results on Feb 06, 2024Aiphone Co.,Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: JP¥68.93 (vs JP¥24.18 in 2Q 2023)Second quarter 2024 results: EPS: JP¥68.93 (up from JP¥24.18 in 2Q 2023). Revenue: JP¥16.1b (up 28% from 2Q 2023). Net income: JP¥1.13b (up 186% from 2Q 2023). Profit margin: 7.0% (up from 3.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Nov 07Now 21% undervaluedOver the last 90 days, the stock is up 8.9%. The fair value is estimated to be JP¥3,770, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 32% in the next 2 years.Buying Opportunity • Sep 29Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be JP¥3,778, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 32% in the next 2 years.Upcoming Dividend • Sep 21Upcoming dividend of JP¥40.00 per share at 2.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.7%).お知らせ • Aug 30Aiphone Co.,Ltd. to Report Q2, 2024 Results on Nov 10, 2023Aiphone Co.,Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023New Risk • Aug 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change).Major Estimate Revision • Aug 11Consensus EPS estimates increase by 42%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥56.8b to JP¥60.5b. EPS estimate increased from JP¥207 to JP¥294 per share. Net income forecast to grow 31% next year vs 44% growth forecast for Communications industry in Japan. Consensus price target of JP¥2,450 unchanged from last update. Share price was steady at JP¥2,794 over the past week.Reported Earnings • Aug 02First quarter 2024 earnings released: EPS: JP¥92.51 (vs JP¥52.82 in 1Q 2023)First quarter 2024 results: EPS: JP¥92.51 (up from JP¥52.82 in 1Q 2023). Revenue: JP¥14.0b (up 25% from 1Q 2023). Net income: JP¥1.51b (up 75% from 1Q 2023). Profit margin: 11% (up from 7.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Jul 25High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Independent Outside Director Masaaki Iritani is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Jun 28Aiphone Co.,Ltd. to Report Q1, 2024 Results on Aug 01, 2023Aiphone Co.,Ltd. announced that they will report Q1, 2024 results on Aug 01, 2023Reported Earnings • May 10Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥179 (down from JP¥259 in FY 2022). Revenue: JP¥52.8b (up 1.6% from FY 2022). Net income: JP¥2.93b (down 31% from FY 2022). Profit margin: 5.5% (down from 8.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year.Buying Opportunity • Apr 05Now 22% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥2,587, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 58% in the next 2 years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.1%).Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥35.81 (vs JP¥66.22 in 3Q 2022)Third quarter 2023 results: EPS: JP¥35.81 (down from JP¥66.22 in 3Q 2022). Revenue: JP¥12.6b (flat on 3Q 2022). Net income: JP¥585.0m (down 46% from 3Q 2022). Profit margin: 4.6% (down from 8.5% in 3Q 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. 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 3% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 27Aiphone Co.,Ltd. to Report Q3, 2023 Results on Feb 07, 2023Aiphone Co.,Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023Board Change • Nov 16Less 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. 3 non-independent directors. Independent Outside Director Masaaki Iritani was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 03Second quarter 2023 earnings released: EPS: JP¥24.18 (vs JP¥90.08 in 2Q 2022)Second quarter 2023 results: EPS: JP¥24.18 (down from JP¥90.08 in 2Q 2022). Revenue: JP¥12.6b (down 5.6% from 2Q 2022). Net income: JP¥395.0m (down 73% from 2Q 2022). Profit margin: 3.1% (down from 11% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 39% and the cash payout ratio is 93%. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.0%).お知らせ • Aug 28Aiphone Co.,Ltd. to Report Q2, 2023 Results on Nov 01, 2022Aiphone Co.,Ltd. announced that they will report Q2, 2023 results on Nov 01, 2022Reported Earnings • Aug 03First quarter 2023 earnings released: EPS: JP¥52.82 (vs JP¥79.92 in 1Q 2022)First quarter 2023 results: EPS: JP¥52.82 (down from JP¥79.92 in 1Q 2022). Revenue: JP¥11.2b (down 6.0% from 1Q 2022). Net income: JP¥863.0m (down 34% from 1Q 2022). Profit margin: 7.7% (down from 11% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 2.1%, compared to a 27% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 01Aiphone Co.,Ltd. to Report Q1, 2023 Results on Aug 02, 2022Aiphone Co.,Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022お知らせ • May 12Aiphone Co.,Ltd., Annual General Meeting, Jun 29, 2022Aiphone Co.,Ltd., Annual General Meeting, Jun 29, 2022.Reported Earnings • May 11Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥259 (up from JP¥184 in FY 2021). Revenue: JP¥52.0b (up 13% from FY 2021). Net income: JP¥4.23b (up 41% from FY 2021). Profit margin: 8.1% (up from 6.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 2.2%, compared to a 26% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to JP¥2,300Up from JP¥2,000, the current price target is an average from 2 analysts. New target price is 17% above last closing price of JP¥1,961. Stock is up 14% over the past year. The company is forecast to post earnings per share of JP¥272 for next year compared to JP¥184 last year.Board Change • Apr 27Less 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. 5 non-independent directors. Independent Outside Director Masaaki Iriya was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08Aiphone Co.,Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Aiphone Co.,Ltd. announced that they will report fiscal year 2022 results on May 10, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.9%).Reported Earnings • Feb 04Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: JP¥66.22 (up from JP¥35.74 in 3Q 2021). Revenue: JP¥12.7b (up 7.0% from 3Q 2021). Net income: JP¥1.08b (up 85% from 3Q 2021). Profit margin: 8.5% (up from 4.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Over the next year, revenue is forecast to grow 3.1%, compared to a 26% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Dec 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from JP¥245 to JP¥272. Revenue forecast steady at JP¥52.9b. Net income forecast to shrink 12% next year vs 49% growth forecast for Communications industry in Japan . Consensus price target of JP¥2,300 unchanged from last update. Share price was steady at JP¥2,194 over the past week.お知らせ • Nov 24Aiphone Co.,Ltd. (TSE:6718) acquired Software Sapporo Co., Ltd.Aiphone Co.,Ltd. (TSE:6718) acquired Software Sapporo Co., Ltd. on November 17, 2021. Aiphone Co.,Ltd. (TSE:6718) completed the acquisition of Software Sapporo Co., Ltd. on November 17, 2021.Reported Earnings • Nov 04Second quarter 2022 earnings released: EPS JP¥90.08 (vs JP¥64.19 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥13.4b (up 10.0% from 2Q 2021). Net income: JP¥1.47b (up 40% from 2Q 2021). Profit margin: 11% (up from 8.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.3%).Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,366, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 25x in the Communications industry in Asia. Total returns to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,408 per share.Reported Earnings • Aug 04First quarter 2022 earnings released: EPS JP¥79.92 (vs JP¥9.73 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥12.0b (up 46% from 1Q 2021). Net income: JP¥1.31b (up JP¥1.47b from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jun 17Price target increased to JP¥2,300Up from JP¥2,000, the current price target is provided by 1 analyst. New target price is 6.8% above last closing price of JP¥2,154. Stock is up 37% over the past year.Reported Earnings • May 09Full year 2021 earnings released: EPS JP¥184 (vs JP¥145 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥46.1b (down 4.9% from FY 2020). Net income: JP¥3.01b (up 27% from FY 2020). Profit margin: 6.5% (up from 4.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥2,073, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Communications industry in Asia. Total returns to shareholders of 18% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%).お知らせ • Mar 04Aiphone Co.,Ltd. to Report Fiscal Year 2021 Results on May 07, 2021Aiphone Co.,Ltd. announced that they will report fiscal year 2021 results on May 07, 2021Is New 90 Day High Low • Mar 02New 90-day high: JP¥1,820The company is up 13% from its price of JP¥1,613 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 1.0% over the same period.Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥35.74 (vs JP¥21.66 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥11.9b (up 16% from 3Q 2020). Net income: JP¥584.0m (up 65% from 3Q 2020). Profit margin: 4.9% (up from 3.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 2.3%, compared to a 36% growth forecast for the Communications industry in Japan.Is New 90 Day High Low • Jan 28New 90-day high: JP¥1,748The company is up 20% from its price of JP¥1,460 on 30 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 2.0% over the same period.Is New 90 Day High Low • Dec 18New 90-day high: JP¥1,740The company is up 14% from its price of JP¥1,523 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 3.0% over the same period.お知らせ • Dec 05Aiphone Co.,Ltd. to Report Q3, 2021 Results on Feb 02, 2021Aiphone Co.,Ltd. announced that they will report Q3, 2021 results on Feb 02, 2021Is New 90 Day High Low • Dec 01New 90-day high: JP¥1,694The company is up 23% from its price of JP¥1,373 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 10.0% over the same period.業績と収益の成長予測TSE:6718 - 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3/31/202970,0003,300N/A5,15013/31/202869,8503,7102,0123,95623/31/202766,0003,1003,7954,50813/31/202662,9832,466-1,2472,169N/A12/31/202561,2912,590N/AN/AN/A9/30/202562,5492,7803,4064,353N/A6/30/202561,7612,516N/AN/AN/A3/31/202563,3163,6194,6375,717N/A12/31/202462,6543,423N/AN/AN/A9/30/202462,1603,7006,0076,861N/A6/30/202463,2034,451N/AN/AN/A3/31/202461,3344,6458,2749,056N/A12/31/202361,2194,361N/AN/AN/A9/30/202359,0994,3102,2732,914N/A6/30/202355,5873,577N/AN/AN/A3/31/202352,8112,929-7,929-4,781N/A12/31/202250,4702,209N/AN/AN/A9/30/202250,5202,706-4,702-1,577N/A6/30/202251,2703,783N/AN/AN/A3/31/202251,9914,2261,3171,872N/A12/31/202151,9605,393N/AN/AN/A9/30/202151,1354,8952,3922,905N/A6/30/202149,9244,472N/AN/AN/A3/31/202146,1413,0072,4333,115N/A12/31/202046,1061,951N/AN/AN/A9/30/202044,4461,7212,6643,588N/A6/30/202046,6061,894N/AN/AN/A3/31/202048,4942,3703,3844,129N/A12/31/201948,4302,921N/AN/AN/A9/30/201948,3552,919N/A2,711N/A6/30/201946,7662,495N/AN/AN/A3/31/201946,3372,287N/A3,455N/A12/31/201845,7601,795N/AN/AN/A9/30/201845,9201,640N/A3,714N/A6/30/201845,8951,604N/AN/AN/A3/31/201845,1131,533N/A740N/A12/31/201744,9631,741N/AN/AN/A9/30/201744,7001,997N/A974N/A6/30/201743,9252,031N/AN/AN/A3/31/201743,8542,073N/A2,990N/A12/31/201643,3462,757N/AN/AN/A9/30/201643,1143,142N/A2,589N/A6/30/201642,9763,312N/AN/AN/A3/31/201642,6703,299N/A3,673N/A12/31/201542,6052,862N/AN/AN/A9/30/201542,2842,374N/A2,851N/A6/30/201541,7522,047N/AN/AN/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: 6718の予測収益成長率 (年間12.3% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 6718の収益 ( 12.3% ) はJP市場 ( 8.7% ) 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: 6718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: 6718の収益 ( 4% ) JP市場 ( 5.5% ) よりも低い成長が予測されています。高い収益成長: 6718の収益 ( 4% ) 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: 6718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2026/05/27 09:48終値2026/05/27 00:00収益2026/03/31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Aiphone Co.,Ltd. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Yoko MizoguchiIchiyoshi Research Institute Inc.Eiji TomaruMizuho Securities Co., Ltd.Katsumi HosoiTokai Tokyo Intelligence Laboratory Co., Ltd.
Major Estimate Revision • Feb 10Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥64.7b to JP¥62.5b. EPS estimate also fell from JP¥192 per share to JP¥153 per share. Net income forecast to grow 20% next year vs 59% growth forecast for Communications industry in Japan. Consensus price target of JP¥2,820 unchanged from last update. Share price fell 3.8% to JP¥2,885 over the past week.
分析記事 • Feb 06Aiphone Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedLast week, you might have seen that Aiphone Co.,Ltd. ( TSE:6718 ) released its quarterly result to the market. The...
分析記事 • Feb 06Aiphone Co.,Ltd. (TSE:6718) Just Released Its Third-Quarter Results And Analysts Are Updating Their EstimatesShareholders might have noticed that Aiphone Co.,Ltd. ( TSE:6718 ) filed its quarterly result this time last week. The...
分析記事 • Nov 10Earnings Report: Aiphone Co.,Ltd. Missed Revenue Estimates By 7.1%Aiphone Co.,Ltd. ( TSE:6718 ) shareholders are probably feeling a little disappointed, since its shares fell 2.8% to...
Price Target Changed • Jun 18Price target decreased by 11% to JP¥2,940Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥2,986. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥237 for next year compared to JP¥284 last year.
分析記事 • May 10Aiphone Co.,Ltd. Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting NextThe annual results for Aiphone Co.,Ltd. ( TSE:6718 ) were released last week, making it a good time to revisit its...
分析記事 • May 19We Think That There Are More Issues For AiphoneLtd (TSE:6718) Than Just Sluggish EarningsThe market wasn't impressed with the soft earnings from Aiphone Co.,Ltd. ( TSE:6718 ) recently. We did some analysis...
New Risk • May 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.9% net profit margin).
Reported Earnings • May 13Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥151 (down from JP¥221 in FY 2025). Revenue: JP¥63.0b (flat on FY 2025). Net income: JP¥2.47b (down 32% from FY 2025). Profit margin: 3.9% (down from 5.7% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 32% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • May 12Aiphone Co.,Ltd., Annual General Meeting, Jun 26, 2026Aiphone Co.,Ltd., Annual General Meeting, Jun 26, 2026.
お知らせ • May 10Aiphone Co.,Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Aiphone Co.,Ltd. announced that they will report fiscal year 2026 results at 12:00 PM, Tokyo Standard Time on May 12, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%).
Major Estimate Revision • Feb 10Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥64.7b to JP¥62.5b. EPS estimate also fell from JP¥192 per share to JP¥153 per share. Net income forecast to grow 20% next year vs 59% growth forecast for Communications industry in Japan. Consensus price target of JP¥2,820 unchanged from last update. Share price fell 3.8% to JP¥2,885 over the past week.
分析記事 • Feb 09AiphoneLtd (TSE:6718) Has Affirmed Its Dividend Of ¥80.00The board of Aiphone Co.,Ltd. ( TSE:6718 ) has announced that it will pay a dividend on the 30th of June, with...
分析記事 • Feb 06Aiphone Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedLast week, you might have seen that Aiphone Co.,Ltd. ( TSE:6718 ) released its quarterly result to the market. The...
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥10.33 (vs JP¥21.94 in 3Q 2025)Third quarter 2026 results: EPS: JP¥10.33 (down from JP¥21.94 in 3Q 2025). Revenue: JP¥14.0b (down 8.2% from 3Q 2025). Net income: JP¥169.0m (down 53% from 3Q 2025). Profit margin: 1.2% (down from 2.4% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 28% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
分析記事 • Dec 28AiphoneLtd's (TSE:6718) Dividend Will Be ¥80.00The board of Aiphone Co.,Ltd. ( TSE:6718 ) has announced that it will pay a dividend on the 30th of June, with...
お知らせ • Dec 27Aiphone Co.,Ltd. to Report Q3, 2026 Results on Feb 03, 2026Aiphone Co.,Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026
分析記事 • Dec 03AiphoneLtd (TSE:6718) Is Paying Out A Dividend Of ¥80.00Aiphone Co.,Ltd.'s ( TSE:6718 ) investors are due to receive a payment of ¥80.00 per share on 30th of June. This makes...
Declared Dividend • Dec 03First half dividend of JP¥80.00 announcedDividend of JP¥80.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 16% 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 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Nov 14Weak Statutory Earnings May Not Tell The Whole Story For AiphoneLtd (TSE:6718)A lackluster earnings announcement from Aiphone Co.,Ltd. ( TSE:6718 ) last week didn't sink the stock price. We think...
Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: JP¥39.16 (vs JP¥23.04 in 2Q 2025)Second quarter 2026 results: EPS: JP¥39.16 (up from JP¥23.04 in 2Q 2025). Revenue: JP¥15.9b (up 5.2% from 2Q 2025). Net income: JP¥641.0m (up 70% from 2Q 2025). Profit margin: 4.0% (up from 2.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.0%).
分析記事 • Sep 01AiphoneLtd (TSE:6718) Is Paying Out A Dividend Of ¥50.00Aiphone Co.,Ltd. ( TSE:6718 ) has announced that it will pay a dividend of ¥50.00 per share on the 2nd of December. The...
お知らせ • Sep 01Aiphone Co.,Ltd. to Report Q2, 2026 Results on Nov 04, 2025Aiphone Co.,Ltd. announced that they will report Q2, 2026 results on Nov 04, 2025
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥13.08 (vs JP¥80.48 in 1Q 2025)First quarter 2026 results: EPS: JP¥13.08 (down from JP¥80.48 in 1Q 2025). Revenue: JP¥14.3b (down 9.8% from 1Q 2025). Net income: JP¥214.0m (down 84% from 1Q 2025). Profit margin: 1.5% (down from 8.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 09AiphoneLtd (TSE:6718) Has Announced A Dividend Of ¥50.00Aiphone Co.,Ltd. ( TSE:6718 ) has announced that it will pay a dividend of ¥50.00 per share on the 2nd of December...
Declared Dividend • Jul 09Final dividend of JP¥50.00 announcedDividend of JP¥50.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 16% 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 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 04Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥221 (down from JP¥284 in FY 2024). Revenue: JP¥63.3b (up 3.2% from FY 2024). Net income: JP¥3.62b (down 22% from FY 2024). Profit margin: 5.7% (down from 7.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 04Aiphone Co.,Ltd. to Report Q1, 2026 Results on Aug 05, 2025Aiphone Co.,Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025
分析記事 • May 15AiphoneLtd's (TSE:6718) Problems Go Beyond Weak ProfitAiphone Co.,Ltd.'s ( TSE:6718 ) stock showed strength, with investors undeterred by its weak earnings report. While...
Reported Earnings • May 09Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥221 (down from JP¥284 in FY 2024). Revenue: JP¥63.3b (up 3.2% from FY 2024). Net income: JP¥3.62b (down 22% from FY 2024). Profit margin: 5.7% (down from 7.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 08Aiphone Co.,Ltd., Annual General Meeting, Jun 27, 2025Aiphone Co.,Ltd., Annual General Meeting, Jun 27, 2025.
Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to JP¥2,244. The fair value is estimated to be JP¥2,937, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 8.3% in the next 2 years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.0%).
お知らせ • Mar 01Aiphone Co.,Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Aiphone Co.,Ltd. announced that they will report fiscal year 2025 results on May 08, 2025
分析記事 • Feb 06Aiphone Co.,Ltd. (TSE:6718) Just Released Its Third-Quarter Results And Analysts Are Updating Their EstimatesShareholders might have noticed that Aiphone Co.,Ltd. ( TSE:6718 ) filed its quarterly result this time last week. The...
Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥21.94 (vs JP¥38.86 in 3Q 2024)Third quarter 2025 results: EPS: JP¥21.94 (down from JP¥38.86 in 3Q 2024). Revenue: JP¥15.3b (up 3.3% from 3Q 2024). Net income: JP¥359.0m (down 44% from 3Q 2024). Profit margin: 2.4% (down from 4.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Nov 30Aiphone Co.,Ltd. to Report Q3, 2025 Results on Feb 04, 2025Aiphone Co.,Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025
分析記事 • Nov 10Earnings Report: Aiphone Co.,Ltd. Missed Revenue Estimates By 7.1%Aiphone Co.,Ltd. ( TSE:6718 ) shareholders are probably feeling a little disappointed, since its shares fell 2.8% to...
Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥23.04 (vs JP¥68.93 in 2Q 2024)Second quarter 2025 results: EPS: JP¥23.04 (down from JP¥68.93 in 2Q 2024). Revenue: JP¥15.1b (down 6.5% from 2Q 2024). Net income: JP¥377.0m (down 67% from 2Q 2024). Profit margin: 2.5% (down from 7.0% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. 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.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 12 December 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.5%).
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥80.48 (vs JP¥92.51 in 1Q 2024)First quarter 2025 results: EPS: JP¥80.48 (down from JP¥92.51 in 1Q 2024). Revenue: JP¥15.9b (up 13% from 1Q 2024). Net income: JP¥1.32b (down 13% from 1Q 2024). Profit margin: 8.3% (down from 11% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 06Now 30% overvaluedOver the last 90 days, the stock has fallen 11% to JP¥2,639. The fair value is estimated to be JP¥2,037, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are forecast to decline by 1.3% per annum over the same time period.
分析記事 • Aug 05Lacklustre Performance Is Driving Aiphone Co.,Ltd.'s (TSE:6718) 26% Price DropThe Aiphone Co.,Ltd. ( TSE:6718 ) share price has fared very poorly over the last month, falling by a substantial 26...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥2,350, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 23x in the Communications industry in Asia. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,037 per share.
Price Target Changed • Jun 18Price target decreased by 11% to JP¥2,940Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥2,986. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥237 for next year compared to JP¥284 last year.
お知らせ • Jun 06Aiphone Co.,Ltd. to Report Q1, 2025 Results on Aug 06, 2024Aiphone Co.,Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024
分析記事 • May 10Aiphone Co.,Ltd. Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting NextThe annual results for Aiphone Co.,Ltd. ( TSE:6718 ) were released last week, making it a good time to revisit its...
お知らせ • May 10Aiphone Co.,Ltd., Annual General Meeting, Jun 27, 2024Aiphone Co.,Ltd., Annual General Meeting, Jun 27, 2024.
Reported Earnings • May 09Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥284 (up from JP¥179 in FY 2023). Revenue: JP¥61.3b (up 16% from FY 2023). Net income: JP¥4.65b (up 59% from FY 2023). Profit margin: 7.6% (up from 5.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in Asia. 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 14% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).
お知らせ • Mar 02Aiphone Co.,Ltd. to Report Fiscal Year 2024 Results on May 08, 2024Aiphone Co.,Ltd. announced that they will report fiscal year 2024 results on May 08, 2024
New Risk • Feb 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Feb 23Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥288 to JP¥243 per share. Revenue forecast steady at JP¥60.6b. Net income forecast to grow 0.5% next year vs 61% growth forecast for Communications industry in Japan. Consensus price target down from JP¥3,300 to JP¥3,130. Share price rose 2.4% to JP¥2,859 over the past week.
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥38.86 (vs JP¥35.81 in 3Q 2023)Third quarter 2024 results: EPS: JP¥38.86 (up from JP¥35.81 in 3Q 2023). Revenue: JP¥14.8b (up 17% from 3Q 2023). Net income: JP¥636.0m (up 8.7% from 3Q 2023). Profit margin: 4.3% (down from 4.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 29Aiphone Co.,Ltd. to Report Q3, 2024 Results on Feb 06, 2024Aiphone Co.,Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024
Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: JP¥68.93 (vs JP¥24.18 in 2Q 2023)Second quarter 2024 results: EPS: JP¥68.93 (up from JP¥24.18 in 2Q 2023). Revenue: JP¥16.1b (up 28% from 2Q 2023). Net income: JP¥1.13b (up 186% from 2Q 2023). Profit margin: 7.0% (up from 3.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Nov 07Now 21% undervaluedOver the last 90 days, the stock is up 8.9%. The fair value is estimated to be JP¥3,770, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 32% in the next 2 years.
Buying Opportunity • Sep 29Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be JP¥3,778, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 32% in the next 2 years.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥40.00 per share at 2.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.7%).
お知らせ • Aug 30Aiphone Co.,Ltd. to Report Q2, 2024 Results on Nov 10, 2023Aiphone Co.,Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023
New Risk • Aug 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change).
Major Estimate Revision • Aug 11Consensus EPS estimates increase by 42%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥56.8b to JP¥60.5b. EPS estimate increased from JP¥207 to JP¥294 per share. Net income forecast to grow 31% next year vs 44% growth forecast for Communications industry in Japan. Consensus price target of JP¥2,450 unchanged from last update. Share price was steady at JP¥2,794 over the past week.
Reported Earnings • Aug 02First quarter 2024 earnings released: EPS: JP¥92.51 (vs JP¥52.82 in 1Q 2023)First quarter 2024 results: EPS: JP¥92.51 (up from JP¥52.82 in 1Q 2023). Revenue: JP¥14.0b (up 25% from 1Q 2023). Net income: JP¥1.51b (up 75% from 1Q 2023). Profit margin: 11% (up from 7.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Jul 25High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Independent Outside Director Masaaki Iritani is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Jun 28Aiphone Co.,Ltd. to Report Q1, 2024 Results on Aug 01, 2023Aiphone Co.,Ltd. announced that they will report Q1, 2024 results on Aug 01, 2023
Reported Earnings • May 10Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥179 (down from JP¥259 in FY 2022). Revenue: JP¥52.8b (up 1.6% from FY 2022). Net income: JP¥2.93b (down 31% from FY 2022). Profit margin: 5.5% (down from 8.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year.
Buying Opportunity • Apr 05Now 22% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be JP¥2,587, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 58% in the next 2 years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.1%).
Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥35.81 (vs JP¥66.22 in 3Q 2022)Third quarter 2023 results: EPS: JP¥35.81 (down from JP¥66.22 in 3Q 2022). Revenue: JP¥12.6b (flat on 3Q 2022). Net income: JP¥585.0m (down 46% from 3Q 2022). Profit margin: 4.6% (down from 8.5% in 3Q 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. 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 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 27Aiphone Co.,Ltd. to Report Q3, 2023 Results on Feb 07, 2023Aiphone Co.,Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023
Board Change • Nov 16Less 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. 3 non-independent directors. Independent Outside Director Masaaki Iritani was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 03Second quarter 2023 earnings released: EPS: JP¥24.18 (vs JP¥90.08 in 2Q 2022)Second quarter 2023 results: EPS: JP¥24.18 (down from JP¥90.08 in 2Q 2022). Revenue: JP¥12.6b (down 5.6% from 2Q 2022). Net income: JP¥395.0m (down 73% from 2Q 2022). Profit margin: 3.1% (down from 11% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 39% and the cash payout ratio is 93%. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.0%).
お知らせ • Aug 28Aiphone Co.,Ltd. to Report Q2, 2023 Results on Nov 01, 2022Aiphone Co.,Ltd. announced that they will report Q2, 2023 results on Nov 01, 2022
Reported Earnings • Aug 03First quarter 2023 earnings released: EPS: JP¥52.82 (vs JP¥79.92 in 1Q 2022)First quarter 2023 results: EPS: JP¥52.82 (down from JP¥79.92 in 1Q 2022). Revenue: JP¥11.2b (down 6.0% from 1Q 2022). Net income: JP¥863.0m (down 34% from 1Q 2022). Profit margin: 7.7% (down from 11% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 2.1%, compared to a 27% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 01Aiphone Co.,Ltd. to Report Q1, 2023 Results on Aug 02, 2022Aiphone Co.,Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022
お知らせ • May 12Aiphone Co.,Ltd., Annual General Meeting, Jun 29, 2022Aiphone Co.,Ltd., Annual General Meeting, Jun 29, 2022.
Reported Earnings • May 11Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥259 (up from JP¥184 in FY 2021). Revenue: JP¥52.0b (up 13% from FY 2021). Net income: JP¥4.23b (up 41% from FY 2021). Profit margin: 8.1% (up from 6.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 2.2%, compared to a 26% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to JP¥2,300Up from JP¥2,000, the current price target is an average from 2 analysts. New target price is 17% above last closing price of JP¥1,961. Stock is up 14% over the past year. The company is forecast to post earnings per share of JP¥272 for next year compared to JP¥184 last year.
Board Change • Apr 27Less 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. 5 non-independent directors. Independent Outside Director Masaaki Iriya was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08Aiphone Co.,Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Aiphone Co.,Ltd. announced that they will report fiscal year 2022 results on May 10, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥53.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.9%).
Reported Earnings • Feb 04Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: JP¥66.22 (up from JP¥35.74 in 3Q 2021). Revenue: JP¥12.7b (up 7.0% from 3Q 2021). Net income: JP¥1.08b (up 85% from 3Q 2021). Profit margin: 8.5% (up from 4.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Over the next year, revenue is forecast to grow 3.1%, compared to a 26% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Dec 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from JP¥245 to JP¥272. Revenue forecast steady at JP¥52.9b. Net income forecast to shrink 12% next year vs 49% growth forecast for Communications industry in Japan . Consensus price target of JP¥2,300 unchanged from last update. Share price was steady at JP¥2,194 over the past week.
お知らせ • Nov 24Aiphone Co.,Ltd. (TSE:6718) acquired Software Sapporo Co., Ltd.Aiphone Co.,Ltd. (TSE:6718) acquired Software Sapporo Co., Ltd. on November 17, 2021. Aiphone Co.,Ltd. (TSE:6718) completed the acquisition of Software Sapporo Co., Ltd. on November 17, 2021.
Reported Earnings • Nov 04Second quarter 2022 earnings released: EPS JP¥90.08 (vs JP¥64.19 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥13.4b (up 10.0% from 2Q 2021). Net income: JP¥1.47b (up 40% from 2Q 2021). Profit margin: 11% (up from 8.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.3%).
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥2,366, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 25x in the Communications industry in Asia. Total returns to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,408 per share.
Reported Earnings • Aug 04First quarter 2022 earnings released: EPS JP¥79.92 (vs JP¥9.73 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥12.0b (up 46% from 1Q 2021). Net income: JP¥1.31b (up JP¥1.47b from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jun 17Price target increased to JP¥2,300Up from JP¥2,000, the current price target is provided by 1 analyst. New target price is 6.8% above last closing price of JP¥2,154. Stock is up 37% over the past year.
Reported Earnings • May 09Full year 2021 earnings released: EPS JP¥184 (vs JP¥145 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥46.1b (down 4.9% from FY 2020). Net income: JP¥3.01b (up 27% from FY 2020). Profit margin: 6.5% (up from 4.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥2,073, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Communications industry in Asia. Total returns to shareholders of 18% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%).
お知らせ • Mar 04Aiphone Co.,Ltd. to Report Fiscal Year 2021 Results on May 07, 2021Aiphone Co.,Ltd. announced that they will report fiscal year 2021 results on May 07, 2021
Is New 90 Day High Low • Mar 02New 90-day high: JP¥1,820The company is up 13% from its price of JP¥1,613 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 1.0% over the same period.
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥35.74 (vs JP¥21.66 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥11.9b (up 16% from 3Q 2020). Net income: JP¥584.0m (up 65% from 3Q 2020). Profit margin: 4.9% (up from 3.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 2.3%, compared to a 36% growth forecast for the Communications industry in Japan.
Is New 90 Day High Low • Jan 28New 90-day high: JP¥1,748The company is up 20% from its price of JP¥1,460 on 30 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Dec 18New 90-day high: JP¥1,740The company is up 14% from its price of JP¥1,523 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 3.0% over the same period.
お知らせ • Dec 05Aiphone Co.,Ltd. to Report Q3, 2021 Results on Feb 02, 2021Aiphone Co.,Ltd. announced that they will report Q3, 2021 results on Feb 02, 2021
Is New 90 Day High Low • Dec 01New 90-day high: JP¥1,694The company is up 23% from its price of JP¥1,373 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 10.0% over the same period.