Tamura（6768）株式概要タムラ製作所は、電子部品、電気化学実装、情報機器の製造・販売を国内外で行っています。 詳細6768 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長3/6過去の実績1/6財務の健全性4/6配当金2/6報酬収益は年間61.77%増加すると予測されています リスク分析財務結果に影響を与える大きな一時的項目 利益率(1.3%)は昨年より低い(3%) JP市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る6768 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥934.002.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-256m158b2016201920222025202620282031Revenue JP¥157.5bEarnings JP¥2.1bAdvancedSet Fair ValueView all narrativesTamura Corporation 競合他社Iriso ElectronicsSymbol: TSE:6908Market cap: JP¥70.7bNippon CeramicSymbol: TSE:6929Market cap: JP¥81.3bNippon KodoshiSymbol: TSE:3891Market cap: JP¥69.1bMaxellSymbol: TSE:6810Market cap: JP¥72.0b価格と性能株価の高値、安値、推移の概要Tamura過去の株価現在の株価JP¥934.0052週高値JP¥937.0052週安値JP¥430.00ベータ0.781ヶ月の変化36.75%3ヶ月変化50.89%1年変化104.82%3年間の変化28.83%5年間の変化72.96%IPOからの変化41.73%最新ニュースMajor Estimate Revision • May 08Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥11.30 to JP¥10.01 per share. Revenue forecast steady at JP¥121.5b. Net income forecast to grow 60% next year vs 12% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥610 to JP¥900. Share price rose 11% to JP¥934 over the past week.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥729, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in Japan. Total loss to shareholders of 1.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥328 per share.Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).お知らせ • Mar 07Tamura Corporation to Report Fiscal Year 2026 Results on May 11, 2026Tamura Corporation announced that they will report fiscal year 2026 results on May 11, 2026Major Estimate Revision • Feb 21Consensus EPS estimates fall by 51%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥23.10 to JP¥11.30. Revenue forecast unchanged from JP¥120.5b at last update. Net income forecast to grow 48% next year vs 14% growth forecast for Electronic industry in Japan. Consensus price target of JP¥610 unchanged from last update. Share price rose 4.4% to JP¥686 over the past week.分析記事 • Feb 09Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥8.00Tamura Corporation's ( TSE:6768 ) investors are due to receive a payment of ¥8.00 per share on 12th of June. This...最新情報をもっと見るRecent updatesMajor Estimate Revision • May 08Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥11.30 to JP¥10.01 per share. Revenue forecast steady at JP¥121.5b. Net income forecast to grow 60% next year vs 12% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥610 to JP¥900. Share price rose 11% to JP¥934 over the past week.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥729, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in Japan. Total loss to shareholders of 1.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥328 per share.Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).お知らせ • Mar 07Tamura Corporation to Report Fiscal Year 2026 Results on May 11, 2026Tamura Corporation announced that they will report fiscal year 2026 results on May 11, 2026Major Estimate Revision • Feb 21Consensus EPS estimates fall by 51%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥23.10 to JP¥11.30. Revenue forecast unchanged from JP¥120.5b at last update. Net income forecast to grow 48% next year vs 14% growth forecast for Electronic industry in Japan. Consensus price target of JP¥610 unchanged from last update. Share price rose 4.4% to JP¥686 over the past week.分析記事 • Feb 09Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥8.00Tamura Corporation's ( TSE:6768 ) investors are due to receive a payment of ¥8.00 per share on 12th of June. This...Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥4.48 (vs JP¥10.87 in 3Q 2025)Third quarter 2026 results: EPS: JP¥4.48 (down from JP¥10.87 in 3Q 2025). Revenue: JP¥31.6b (up 4.6% from 3Q 2025). Net income: JP¥356.0m (down 60% from 3Q 2025). Profit margin: 1.1% (down from 2.9% in 3Q 2025). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Price Target Changed • Jan 29Price target increased by 17% to JP¥610Up from JP¥520, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥623. Stock is up 3.7% over the past year. The company is forecast to post earnings per share of JP¥23.10 for next year compared to JP¥34.02 last year.Declared Dividend • Dec 02First half dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 30th March 2026 Payment date: 12th June 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 58% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 01Tamura Corporation to Report Q3, 2026 Results on Feb 06, 2026Tamura Corporation announced that they will report Q3, 2026 results on Feb 06, 2026Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥0.91 (vs JP¥1.76 in 2Q 2025)Second quarter 2026 results: EPS: JP¥0.91 (down from JP¥1.76 in 2Q 2025). Revenue: JP¥29.3b (up 4.7% from 2Q 2025). Net income: JP¥73.0m (down 49% from 2Q 2025). Profit margin: 0.2% (down from 0.5% in 2Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.分析記事 • Nov 11Tamura Corporation's (TSE:6768) Shares Climb 25% But Its Business Is Yet to Catch UpThe Tamura Corporation ( TSE:6768 ) share price has done very well over the last month, posting an excellent gain of...Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥628, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the Electronic industry in Japan. Total loss to shareholders of 10% over the past three years.分析記事 • Nov 10Tamura (TSE:6768) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...New Risk • Nov 10New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).Major Estimate Revision • Oct 02Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥108.0b to JP¥115.0b. EPS estimate increased from JP¥19.56 to JP¥22.08 per share. Net income forecast to shrink 8.1% next year vs 16% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥500 to JP¥520. Share price fell 3.7% to JP¥488 over the past week.分析記事 • Sep 25Tamura (TSE:6768) Has Announced A Dividend Of ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend on the 2nd of December, with...お知らせ • Sep 25Tamura Corporation to Report Q2, 2026 Results on Nov 10, 2025Tamura Corporation announced that they will report Q2, 2026 results on Nov 10, 2025Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥3.02 (vs JP¥5.76 in 1Q 2025)First quarter 2026 results: EPS: JP¥3.02 (down from JP¥5.76 in 1Q 2025). Revenue: JP¥28.9b (up 10% from 1Q 2025). Net income: JP¥246.0m (down 48% from 1Q 2025). Profit margin: 0.9% (down from 1.8% in 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Major Estimate Revision • Jul 30Consensus EPS estimates fall by 53%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥112.0b to JP¥108.0b. EPS estimate also fell from JP¥41.58 per share to JP¥19.56 per share. Net income forecast to shrink 42% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥620 to JP¥500. Share price fell 3.8% to JP¥477 over the past week.分析記事 • Jul 23Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥5.00Tamura Corporation ( TSE:6768 ) will pay a dividend of ¥5.00 on the 2nd of December. The dividend yield will be 2.0...分析記事 • Jul 09Tamura (TSE:6768) Is Paying Out A Dividend Of ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend of ¥5.00 per share on the 2nd of...Declared Dividend • Jul 09Final dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 2 years, which should provide support to the dividend and adequate earnings cover.New Risk • Jun 16New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results.お知らせ • Jun 03Tamura Corporation to Report Q1, 2026 Results on Aug 06, 2025Tamura Corporation announced that they will report Q1, 2026 results on Aug 06, 2025分析記事 • May 19Shareholders Can Be Confident That Tamura's (TSE:6768) Earnings Are High QualityEven though Tamura Corporation's ( TSE:6768 ) recent earnings release was robust, the market didn't seem to notice...お知らせ • May 13Tamura Corporation (TSE:6768) announces an Equity Buyback for 3,500,000 shares, representing 4.25% for ¥1,000 million.Nagaileben Co., Ltd. (TSE:7447) announces a share repurchase program. Under the program, the company will repurchase up to 3,500,000 shares, representing 4.25% of its issued share capital, for ¥1,000 million. The purpose of the program is to enhance shareholder returns and further improve capital efficiency. The program will be valid till March 31, 2026. As of March 31, 2025, the company has 82,299,673 issued shares (excluding treasury stock) and 968,779 treasury shares.Reported Earnings • May 13Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥34.02 (up from JP¥27.41 in FY 2024). Revenue: JP¥114.1b (up 7.0% from FY 2024). Net income: JP¥2.78b (up 24% from FY 2024). Profit margin: 2.4% (up from 2.1% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • May 12+ 4 more updatesTamura Corporation, Annual General Meeting, Jun 26, 2025Tamura Corporation, Annual General Meeting, Jun 26, 2025.Price Target Changed • Apr 16Price target decreased by 7.5% to JP¥620Down from JP¥670, the current price target is provided by 1 analyst. New target price is 44% above last closing price of JP¥432. Stock is down 28% over the past year. The company is forecast to post earnings per share of JP¥41.71 for next year compared to JP¥27.41 last year.分析記事 • Apr 09Little Excitement Around Tamura Corporation's (TSE:6768) Earnings As Shares Take 26% PoundingThe Tamura Corporation ( TSE:6768 ) share price has fared very poorly over the last month, falling by a substantial...Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥439, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 21% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 12 June 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.7%).お知らせ • Mar 04Tamura Corporation to Report Fiscal Year 2025 Results on May 12, 2025Tamura Corporation announced that they will report fiscal year 2025 results on May 12, 2025お知らせ • Feb 26Tamura Corporation Announces Board and Executive ChangesTamura Corporation announced that a meeting of the Board of Directors held y resolved to make the following changes in representative directors, based on a report of the Nomination and Remuneration Advisory Committee. Name: Masahiro Asada. New Title: Chairperson, Representative Director, CEO & CFO. Current Title: Representative Director, President, CEO & CFO. Name: Mitsutaka Nakamura. New title: Representative Director, President, COO. Current title: Director, EVP & CSO, In Charge of Corporate strategy. Date of Change: April 1, 2025. Reason for Change: This change aims to promote further growth as a company and ensure a smooth generational transition in the management team. Under the leadership of Mitsutaka Nakamura, who will assume the role of President and COO, the Company will advance the 14th Medium-term Management Plan starting April 1, 2025, to enhance corporate value. Masahiro Asada will support the development of Tamura Group's business and the stability of management as Chairperson and CEO. Name: Mitsutaka Nakamura. Date of Birth: March 9, 1971. Career: September 1997- Joined Tamura Kaken Corporation (Currently Tamura Corporation). October2016- General Manager of Electronic Chemicals Business Sector Sales. October 2017- Executive Officer, General Manager of PWB Functional Materials Division; Electronic Chemicals/FA Systems Business Sector. April 2019- Senior Executive Officer, General Manager of PWB Functional Materials Division, Electronic Chemicals/FA Systems Business Sector. April 2021 -President, Tamura Corporation (Thailand) Co. Ltd. April 2022- Deputy General Manager of Electronic Components Business Sector. April 2023 -General Manager of Electronic Components Business Sector Sales. June 2024 -Director, EVP & CSO, in charge of Corporate Strategy. October 2024 -Head of Marketing Strategy Division.New Risk • Feb 12New 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 5.1% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥10.87 (vs JP¥8.39 in 3Q 2024)Third quarter 2025 results: EPS: JP¥10.87 (up from JP¥8.39 in 3Q 2024). Revenue: JP¥30.2b (up 12% from 3Q 2024). Net income: JP¥889.0m (up 30% from 3Q 2024). Profit margin: 2.9% (up from 2.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.分析記事 • Jan 23There's Reason For Concern Over Tamura Corporation's (TSE:6768) Massive 26% Price JumpTamura Corporation ( TSE:6768 ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥621, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 5.2% over the past three years.お知らせ • Dec 13Tamura Corporation to Report Q3, 2025 Results on Feb 06, 2025Tamura Corporation announced that they will report Q3, 2025 results on Feb 06, 2025Declared Dividend • Dec 03First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 28th March 2025 Payment date: 12th June 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 17Second quarter 2025 earnings released: EPS: JP¥1.76 (vs JP¥0.32 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.76 (up from JP¥0.32 in 2Q 2024). Revenue: JP¥28.0b (up 2.3% from 2Q 2024). Net income: JP¥144.0m (up 454% from 2Q 2024). Profit margin: 0.5% (up from 0.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Nov 15Tamura Corporation Announces Cash Dividend for the Second Quarter-End of Fiscal Year Ending March 31, 2025, Payable on December 2, 2024Tamura Corporation announced cash dividend of JPY 5.00 per share for the second quarter-end of fiscal year ending March 31, 2025 compared to JPY 5.00 per share paid a year ago. Scheduled date to commence dividend payments: December 2, 2024.分析記事 • Sep 24Tamura (TSE:6768) Will Pay A Dividend Of ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend of ¥5.00 per share on the 2nd of...Upcoming Dividend • Sep 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).分析記事 • Sep 03Tamura's (TSE:6768) Dividend Will Be ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend on the 2nd of December, with...お知らせ • Aug 30Tamura Corporation to Report Q2, 2025 Results on Nov 08, 2024Tamura Corporation announced that they will report Q2, 2025 results on Nov 08, 2024分析記事 • Aug 20Tamura (TSE:6768) Has Announced A Dividend Of ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend on the 2nd of December, with...Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥9.76 (vs JP¥0.32 in 1Q 2024)First quarter 2025 results: EPS: JP¥9.76 (up from JP¥0.32 in 1Q 2024). Revenue: JP¥24.4b (flat on 1Q 2024). Net income: JP¥798.0m (up JP¥772.0m from 1Q 2024). Profit margin: 3.3% (up from 0.1% in 1Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.New Risk • Aug 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.分析記事 • Jul 25Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥5.00Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend of ¥5.00 per share on the 2nd of December...Major Estimate Revision • Jul 24Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥110.0b to JP¥112.0b. EPS estimate increased from JP¥37.94 to JP¥42.81 per share. Net income forecast to grow 56% next year vs 12% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥610 to JP¥740. Share price fell 4.9% to JP¥702 over the past week.Price Target Changed • Jul 23Price target increased by 25% to JP¥740Up from JP¥590, the current price target is provided by 1 analyst. New target price is 5.3% above last closing price of JP¥703. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥42.81 for next year compared to JP¥27.41 last year.分析記事 • Jul 11Tamura (TSE:6768) Is Paying Out A Dividend Of ¥5.00Tamura Corporation's ( TSE:6768 ) investors are due to receive a payment of ¥5.00 per share on 2nd of December. This...Declared Dividend • Jul 11Final dividend of JP¥5.00 announcedDividend of JP¥5.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio). However, it is well covered by cash flows (13% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 37% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Jun 06Tamura Corporation to Report Q1, 2025 Results on Aug 05, 2024Tamura Corporation announced that they will report Q1, 2025 results on Aug 05, 2024分析記事 • May 21Tamura's (TSE:6768) Earnings Seem To Be PromisingTamura Corporation ( TSE:6768 ) announced a healthy earnings result recently, and the market rewarded it with a strong...お知らせ • May 16+ 1 more updateTamura Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2025Tamura Corporation provided consolidated earnings guidance for the year ending March 31, 2025. For the year, the company expects net sales of ¥112,000 million, operating profit of ¥5,200 million, profit attributable to owners of parent of ¥3,400 million and earnings per share of ¥41.60.Reported Earnings • May 13Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥27.41 (up from JP¥25.01 in FY 2023). Revenue: JP¥106.6b (down 1.3% from FY 2023). Net income: JP¥2.24b (up 9.4% from FY 2023). Profit margin: 2.1% (up from 1.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 33%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • May 12Tamura Corporation, Annual General Meeting, Jun 26, 2024Tamura Corporation, Annual General Meeting, Jun 26, 2024.Buy Or Sell Opportunity • Apr 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to JP¥651. The fair value is estimated to be JP¥540, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.8% in 2 years. Earnings are forecast to grow by 295% in the next 2 years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).分析記事 • Mar 04Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥5.00Tamura Corporation ( TSE:6768 ) will pay a dividend of ¥5.00 on the 1st of July. Based on this payment, the dividend...お知らせ • Mar 03Tamura Corporation to Report Fiscal Year 2024 Results on May 10, 2024Tamura Corporation announced that they will report fiscal year 2024 results on May 10, 2024Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥8.39 (vs JP¥8.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.39 (down from JP¥8.95 in 3Q 2023). Revenue: JP¥27.0b (down 6.4% from 3Q 2023). Net income: JP¥686.0m (down 6.2% from 3Q 2023). Profit margin: 2.5% (in line with 3Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Feb 06Tamura Corporation Provides Dividend Guidance for the Year Ending March 31, 2024Tamura Corporation provided dividend guidance for the year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 5.00 per share.New Risk • Dec 16New major risk - Revenue and earnings growthEarnings have declined by 39% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Profit margins are more than 30% lower than last year (0.8% net profit margin).お知らせ • Dec 03Tamura Corporation to Report Q3, 2024 Results on Feb 05, 2024Tamura Corporation announced that they will report Q3, 2024 results on Feb 05, 2024Major Estimate Revision • Dec 02Consensus EPS estimates fall by 16%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥105.8b to JP¥107.7b. EPS estimate fell from JP¥19.50 to JP¥16.40 per share. Net income forecast to grow 168% next year vs 9.0% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥640 to JP¥620. Share price was steady at JP¥563 over the past week.Reported Earnings • Nov 08Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: JP¥0.32 (down from JP¥13.33 in 2Q 2023). Revenue: JP¥27.4b (up 7.5% from 2Q 2023). Net income: JP¥26.0m (down 98% from 2Q 2023). Profit margin: 0.1% (down from 4.3% in 2Q 2023). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 57%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Price Target Changed • Oct 13Price target decreased by 22% to JP¥640Down from JP¥825, the current price target is provided by 1 analyst. New target price is 23% above last closing price of JP¥520. Stock is down 25% over the past year. The company is forecast to post earnings per share of JP¥19.50 for next year compared to JP¥25.01 last year.Major Estimate Revision • Sep 27Consensus EPS estimates increase by 23%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from JP¥107.0b to JP¥105.8b. EPS estimate rose from JP¥15.90 to JP¥19.50. Net income forecast to grow 12% next year vs 5.9% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥825 to JP¥795. Share price was steady at JP¥572 over the past week.Upcoming Dividend • Sep 21Upcoming dividend of JP¥5.00 per share at 1.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).お知らせ • Aug 31Tamura Corporation to Report Q2, 2024 Results on Nov 07, 2023Tamura Corporation announced that they will report Q2, 2024 results on Nov 07, 2023Reported Earnings • Aug 09First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: JP¥0.32 (down from JP¥1.92 in 1Q 2023). Revenue: JP¥24.5b (up 2.2% from 1Q 2023). Net income: JP¥26.0m (down 84% from 1Q 2023). Profit margin: 0.1% (down from 0.7% in 1Q 2023). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 47%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: JP¥0.32 (down from JP¥1.92 in 1Q 2023). Revenue: JP¥24.5b (up 2.2% from 1Q 2023). Net income: JP¥26.0m (down 84% from 1Q 2023). Profit margin: 0.1% (down from 0.7% in 1Q 2023). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 47%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.New Risk • Jul 28New 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: 1.6% 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. Large one-off items impacting financial results.Major Estimate Revision • Jun 28Consensus EPS estimates fall by 62%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥41.55 to JP¥15.90. Revenue forecast unchanged from JP¥107.0b at last update. Net income forecast to shrink 36% next year vs 3.5% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥900 to JP¥825. Share price fell 2.2% to JP¥673 over the past week.Price Target Changed • Jun 27Price target decreased by 9.3% to JP¥825Down from JP¥910, the current price target is an average from 2 analysts. New target price is 24% above last closing price of JP¥665. Stock is up 14% over the past year. The company is forecast to post earnings per share of JP¥45.30 for next year compared to JP¥25.01 last year.お知らせ • May 31Tamura Corporation to Report Q1, 2024 Results on Aug 04, 2023Tamura Corporation announced that they will report Q1, 2024 results on Aug 04, 2023Reported Earnings • May 13Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥25.01 (up from JP¥1.02 loss in FY 2022). Revenue: JP¥108.0b (up 22% from FY 2022). Net income: JP¥2.05b (up JP¥2.13b from FY 2022). Profit margin: 1.9% (up from net loss in FY 2022). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • May 13Tamura Corporation, Annual General Meeting, Jun 28, 2023Tamura Corporation, Annual General Meeting, Jun 28, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per share at 1.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%).お知らせ • Feb 07+ 1 more updateTamura Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Tamura Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of ¥105,000 million, operating profit of ¥4,500 million, profit attributable to owners of parent of ¥2,700 million and earnings per share of ¥32.87.Reported Earnings • Feb 04Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥8.95 (up from JP¥5.16 loss in 3Q 2022). Revenue: JP¥28.9b (up 35% from 3Q 2022). Net income: JP¥731.0m (up JP¥1.16b from 3Q 2022). Profit margin: 2.5% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Price Target Changed • Dec 09Price target increased to JP¥870Up from JP¥730, the current price target is provided by 1 analyst. New target price is 6.4% above last closing price of JP¥818. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥31.70 next year compared to a net loss per share of JP¥1.02 last year.お知らせ • Nov 30Tamura Corporation to Report Q3, 2023 Results on Feb 03, 2023Tamura Corporation announced that they will report Q3, 2023 results on Feb 03, 2023Reported Earnings • Nov 17Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: JP¥25.5b (up 18% from 2Q 2022). Net income: JP¥1.09b (up 418% from 2Q 2022). Profit margin: 4.3% (up from 1.0% in 2Q 2022). Revenue missed analyst estimates by 2.1%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Akira Kubota was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: JP¥13.33 (up from JP¥2.57 in 2Q 2022). Revenue: JP¥25.5b (up 18% from 2Q 2022). Net income: JP¥1.09b (up 418% from 2Q 2022). Profit margin: 4.3% (up from 1.0% in 2Q 2022). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Oct 21Consensus EPS estimates increase by 23%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥97.0b to JP¥105.0b. EPS estimate increased from JP¥25.60 to JP¥31.60 per share. Net income forecast to grow 694% next year vs 7.7% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥690 to JP¥730. Share price rose 2.6% to JP¥714 over the past week.株主還元6768JP ElectronicJP 市場7D10.9%8.6%2.9%1Y104.8%76.9%39.4%株主還元を見る業界別リターン: 6768過去 1 年間で76.9 % の収益を上げたJP Electronic業界を上回りました。リターン対市場: 6768過去 1 年間で39.4 % の収益を上げたJP市場を上回りました。価格変動Is 6768's price volatile compared to industry and market?6768 volatility6768 Average Weekly Movement8.5%Electronic Industry Average Movement6.5%Market Average Movement4.9%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.4%安定した株価: 6768の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 6768の weekly volatility ( 8% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19244,318Masahiro Asadawww.tamuracorp.comタムラ製作所は、電子部品、電気化学実装、情報機器などを国内外に製造・販売している。トランス、リアクトル、チョークコイル、ゲートドライバ、電源モジュール、電流センサ、ACアダプタ、圧電トランス、トランスデューサ、超音波センサ製品などの電子部品を提供している。また、ソルダーペースト、カーボンペースト、ソルダーシート、フォトイメージャブルソルダーマスク、ディスプレイ用材料、感光性カバーレイフィルム、フラックス、OSP、リフロー炉およびフローはんだ付けシステム、スプレーフラックス、その他関連機器、放送スタジオおよび通信システムも提供している。タムラ製作所は1924年に設立され、本社は東京にある。もっと見るTamura Corporation 基礎のまとめTamura の収益と売上を時価総額と比較するとどうか。6768 基礎統計学時価総額JP¥74.32b収益（TTM）JP¥1.63b売上高(TTM)JP¥121.19b45.7xPER（株価収益率0.6xP/Sレシオ6768 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6768 損益計算書（TTM）収益JP¥121.19b売上原価JP¥89.83b売上総利益JP¥31.36bその他の費用JP¥29.73b収益JP¥1.63b直近の収益報告Dec 31, 2025次回決算日May 11, 2026一株当たり利益（EPS）20.43グロス・マージン25.88%純利益率1.34%有利子負債／自己資本比率51.6%6768 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.4%現在の配当利回り65%配当性向6768 配当は確実ですか？6768 配当履歴とベンチマークを見る6768 、いつまでに購入すれば配当金を受け取れますか？Tamura 配当日配当落ち日Mar 30 2026配当支払日Jun 12 2026配当落ちまでの日数42 days配当支払日までの日数32 days6768 配当は確実ですか？6768 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/09 23:04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Tamura Corporation 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Kenichi YagiharaDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.Fumihide GotoMizuho Securities Co., Ltd.2 その他のアナリストを表示
Major Estimate Revision • May 08Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥11.30 to JP¥10.01 per share. Revenue forecast steady at JP¥121.5b. Net income forecast to grow 60% next year vs 12% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥610 to JP¥900. Share price rose 11% to JP¥934 over the past week.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥729, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in Japan. Total loss to shareholders of 1.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥328 per share.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
お知らせ • Mar 07Tamura Corporation to Report Fiscal Year 2026 Results on May 11, 2026Tamura Corporation announced that they will report fiscal year 2026 results on May 11, 2026
Major Estimate Revision • Feb 21Consensus EPS estimates fall by 51%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥23.10 to JP¥11.30. Revenue forecast unchanged from JP¥120.5b at last update. Net income forecast to grow 48% next year vs 14% growth forecast for Electronic industry in Japan. Consensus price target of JP¥610 unchanged from last update. Share price rose 4.4% to JP¥686 over the past week.
分析記事 • Feb 09Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥8.00Tamura Corporation's ( TSE:6768 ) investors are due to receive a payment of ¥8.00 per share on 12th of June. This...
Major Estimate Revision • May 08Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥11.30 to JP¥10.01 per share. Revenue forecast steady at JP¥121.5b. Net income forecast to grow 60% next year vs 12% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥610 to JP¥900. Share price rose 11% to JP¥934 over the past week.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥729, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in Japan. Total loss to shareholders of 1.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥328 per share.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
お知らせ • Mar 07Tamura Corporation to Report Fiscal Year 2026 Results on May 11, 2026Tamura Corporation announced that they will report fiscal year 2026 results on May 11, 2026
Major Estimate Revision • Feb 21Consensus EPS estimates fall by 51%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥23.10 to JP¥11.30. Revenue forecast unchanged from JP¥120.5b at last update. Net income forecast to grow 48% next year vs 14% growth forecast for Electronic industry in Japan. Consensus price target of JP¥610 unchanged from last update. Share price rose 4.4% to JP¥686 over the past week.
分析記事 • Feb 09Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥8.00Tamura Corporation's ( TSE:6768 ) investors are due to receive a payment of ¥8.00 per share on 12th of June. This...
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥4.48 (vs JP¥10.87 in 3Q 2025)Third quarter 2026 results: EPS: JP¥4.48 (down from JP¥10.87 in 3Q 2025). Revenue: JP¥31.6b (up 4.6% from 3Q 2025). Net income: JP¥356.0m (down 60% from 3Q 2025). Profit margin: 1.1% (down from 2.9% in 3Q 2025). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Price Target Changed • Jan 29Price target increased by 17% to JP¥610Up from JP¥520, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥623. Stock is up 3.7% over the past year. The company is forecast to post earnings per share of JP¥23.10 for next year compared to JP¥34.02 last year.
Declared Dividend • Dec 02First half dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 30th March 2026 Payment date: 12th June 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 58% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 01Tamura Corporation to Report Q3, 2026 Results on Feb 06, 2026Tamura Corporation announced that they will report Q3, 2026 results on Feb 06, 2026
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥0.91 (vs JP¥1.76 in 2Q 2025)Second quarter 2026 results: EPS: JP¥0.91 (down from JP¥1.76 in 2Q 2025). Revenue: JP¥29.3b (up 4.7% from 2Q 2025). Net income: JP¥73.0m (down 49% from 2Q 2025). Profit margin: 0.2% (down from 0.5% in 2Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
分析記事 • Nov 11Tamura Corporation's (TSE:6768) Shares Climb 25% But Its Business Is Yet to Catch UpThe Tamura Corporation ( TSE:6768 ) share price has done very well over the last month, posting an excellent gain of...
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥628, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the Electronic industry in Japan. Total loss to shareholders of 10% over the past three years.
分析記事 • Nov 10Tamura (TSE:6768) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
New Risk • Nov 10New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).
Major Estimate Revision • Oct 02Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥108.0b to JP¥115.0b. EPS estimate increased from JP¥19.56 to JP¥22.08 per share. Net income forecast to shrink 8.1% next year vs 16% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥500 to JP¥520. Share price fell 3.7% to JP¥488 over the past week.
分析記事 • Sep 25Tamura (TSE:6768) Has Announced A Dividend Of ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend on the 2nd of December, with...
お知らせ • Sep 25Tamura Corporation to Report Q2, 2026 Results on Nov 10, 2025Tamura Corporation announced that they will report Q2, 2026 results on Nov 10, 2025
Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥3.02 (vs JP¥5.76 in 1Q 2025)First quarter 2026 results: EPS: JP¥3.02 (down from JP¥5.76 in 1Q 2025). Revenue: JP¥28.9b (up 10% from 1Q 2025). Net income: JP¥246.0m (down 48% from 1Q 2025). Profit margin: 0.9% (down from 1.8% in 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Jul 30Consensus EPS estimates fall by 53%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥112.0b to JP¥108.0b. EPS estimate also fell from JP¥41.58 per share to JP¥19.56 per share. Net income forecast to shrink 42% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥620 to JP¥500. Share price fell 3.8% to JP¥477 over the past week.
分析記事 • Jul 23Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥5.00Tamura Corporation ( TSE:6768 ) will pay a dividend of ¥5.00 on the 2nd of December. The dividend yield will be 2.0...
分析記事 • Jul 09Tamura (TSE:6768) Is Paying Out A Dividend Of ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend of ¥5.00 per share on the 2nd of...
Declared Dividend • Jul 09Final dividend of JP¥5.00 announcedShareholders will receive a dividend of JP¥5.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Jun 16New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results.
お知らせ • Jun 03Tamura Corporation to Report Q1, 2026 Results on Aug 06, 2025Tamura Corporation announced that they will report Q1, 2026 results on Aug 06, 2025
分析記事 • May 19Shareholders Can Be Confident That Tamura's (TSE:6768) Earnings Are High QualityEven though Tamura Corporation's ( TSE:6768 ) recent earnings release was robust, the market didn't seem to notice...
お知らせ • May 13Tamura Corporation (TSE:6768) announces an Equity Buyback for 3,500,000 shares, representing 4.25% for ¥1,000 million.Nagaileben Co., Ltd. (TSE:7447) announces a share repurchase program. Under the program, the company will repurchase up to 3,500,000 shares, representing 4.25% of its issued share capital, for ¥1,000 million. The purpose of the program is to enhance shareholder returns and further improve capital efficiency. The program will be valid till March 31, 2026. As of March 31, 2025, the company has 82,299,673 issued shares (excluding treasury stock) and 968,779 treasury shares.
Reported Earnings • May 13Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥34.02 (up from JP¥27.41 in FY 2024). Revenue: JP¥114.1b (up 7.0% from FY 2024). Net income: JP¥2.78b (up 24% from FY 2024). Profit margin: 2.4% (up from 2.1% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • May 12+ 4 more updatesTamura Corporation, Annual General Meeting, Jun 26, 2025Tamura Corporation, Annual General Meeting, Jun 26, 2025.
Price Target Changed • Apr 16Price target decreased by 7.5% to JP¥620Down from JP¥670, the current price target is provided by 1 analyst. New target price is 44% above last closing price of JP¥432. Stock is down 28% over the past year. The company is forecast to post earnings per share of JP¥41.71 for next year compared to JP¥27.41 last year.
分析記事 • Apr 09Little Excitement Around Tamura Corporation's (TSE:6768) Earnings As Shares Take 26% PoundingThe Tamura Corporation ( TSE:6768 ) share price has fared very poorly over the last month, falling by a substantial...
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥439, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 21% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 12 June 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.7%).
お知らせ • Mar 04Tamura Corporation to Report Fiscal Year 2025 Results on May 12, 2025Tamura Corporation announced that they will report fiscal year 2025 results on May 12, 2025
お知らせ • Feb 26Tamura Corporation Announces Board and Executive ChangesTamura Corporation announced that a meeting of the Board of Directors held y resolved to make the following changes in representative directors, based on a report of the Nomination and Remuneration Advisory Committee. Name: Masahiro Asada. New Title: Chairperson, Representative Director, CEO & CFO. Current Title: Representative Director, President, CEO & CFO. Name: Mitsutaka Nakamura. New title: Representative Director, President, COO. Current title: Director, EVP & CSO, In Charge of Corporate strategy. Date of Change: April 1, 2025. Reason for Change: This change aims to promote further growth as a company and ensure a smooth generational transition in the management team. Under the leadership of Mitsutaka Nakamura, who will assume the role of President and COO, the Company will advance the 14th Medium-term Management Plan starting April 1, 2025, to enhance corporate value. Masahiro Asada will support the development of Tamura Group's business and the stability of management as Chairperson and CEO. Name: Mitsutaka Nakamura. Date of Birth: March 9, 1971. Career: September 1997- Joined Tamura Kaken Corporation (Currently Tamura Corporation). October2016- General Manager of Electronic Chemicals Business Sector Sales. October 2017- Executive Officer, General Manager of PWB Functional Materials Division; Electronic Chemicals/FA Systems Business Sector. April 2019- Senior Executive Officer, General Manager of PWB Functional Materials Division, Electronic Chemicals/FA Systems Business Sector. April 2021 -President, Tamura Corporation (Thailand) Co. Ltd. April 2022- Deputy General Manager of Electronic Components Business Sector. April 2023 -General Manager of Electronic Components Business Sector Sales. June 2024 -Director, EVP & CSO, in charge of Corporate Strategy. October 2024 -Head of Marketing Strategy Division.
New Risk • Feb 12New 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 5.1% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥10.87 (vs JP¥8.39 in 3Q 2024)Third quarter 2025 results: EPS: JP¥10.87 (up from JP¥8.39 in 3Q 2024). Revenue: JP¥30.2b (up 12% from 3Q 2024). Net income: JP¥889.0m (up 30% from 3Q 2024). Profit margin: 2.9% (up from 2.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
分析記事 • Jan 23There's Reason For Concern Over Tamura Corporation's (TSE:6768) Massive 26% Price JumpTamura Corporation ( TSE:6768 ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥621, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 5.2% over the past three years.
お知らせ • Dec 13Tamura Corporation to Report Q3, 2025 Results on Feb 06, 2025Tamura Corporation announced that they will report Q3, 2025 results on Feb 06, 2025
Declared Dividend • Dec 03First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 28th March 2025 Payment date: 12th June 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 17Second quarter 2025 earnings released: EPS: JP¥1.76 (vs JP¥0.32 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.76 (up from JP¥0.32 in 2Q 2024). Revenue: JP¥28.0b (up 2.3% from 2Q 2024). Net income: JP¥144.0m (up 454% from 2Q 2024). Profit margin: 0.5% (up from 0.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Nov 15Tamura Corporation Announces Cash Dividend for the Second Quarter-End of Fiscal Year Ending March 31, 2025, Payable on December 2, 2024Tamura Corporation announced cash dividend of JPY 5.00 per share for the second quarter-end of fiscal year ending March 31, 2025 compared to JPY 5.00 per share paid a year ago. Scheduled date to commence dividend payments: December 2, 2024.
分析記事 • Sep 24Tamura (TSE:6768) Will Pay A Dividend Of ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend of ¥5.00 per share on the 2nd of...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
分析記事 • Sep 03Tamura's (TSE:6768) Dividend Will Be ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend on the 2nd of December, with...
お知らせ • Aug 30Tamura Corporation to Report Q2, 2025 Results on Nov 08, 2024Tamura Corporation announced that they will report Q2, 2025 results on Nov 08, 2024
分析記事 • Aug 20Tamura (TSE:6768) Has Announced A Dividend Of ¥5.00The board of Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend on the 2nd of December, with...
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥9.76 (vs JP¥0.32 in 1Q 2024)First quarter 2025 results: EPS: JP¥9.76 (up from JP¥0.32 in 1Q 2024). Revenue: JP¥24.4b (flat on 1Q 2024). Net income: JP¥798.0m (up JP¥772.0m from 1Q 2024). Profit margin: 3.3% (up from 0.1% in 1Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
New Risk • Aug 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
分析記事 • Jul 25Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥5.00Tamura Corporation ( TSE:6768 ) has announced that it will pay a dividend of ¥5.00 per share on the 2nd of December...
Major Estimate Revision • Jul 24Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥110.0b to JP¥112.0b. EPS estimate increased from JP¥37.94 to JP¥42.81 per share. Net income forecast to grow 56% next year vs 12% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥610 to JP¥740. Share price fell 4.9% to JP¥702 over the past week.
Price Target Changed • Jul 23Price target increased by 25% to JP¥740Up from JP¥590, the current price target is provided by 1 analyst. New target price is 5.3% above last closing price of JP¥703. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥42.81 for next year compared to JP¥27.41 last year.
分析記事 • Jul 11Tamura (TSE:6768) Is Paying Out A Dividend Of ¥5.00Tamura Corporation's ( TSE:6768 ) investors are due to receive a payment of ¥5.00 per share on 2nd of December. This...
Declared Dividend • Jul 11Final dividend of JP¥5.00 announcedDividend of JP¥5.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio). However, it is well covered by cash flows (13% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 37% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Jun 06Tamura Corporation to Report Q1, 2025 Results on Aug 05, 2024Tamura Corporation announced that they will report Q1, 2025 results on Aug 05, 2024
分析記事 • May 21Tamura's (TSE:6768) Earnings Seem To Be PromisingTamura Corporation ( TSE:6768 ) announced a healthy earnings result recently, and the market rewarded it with a strong...
お知らせ • May 16+ 1 more updateTamura Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2025Tamura Corporation provided consolidated earnings guidance for the year ending March 31, 2025. For the year, the company expects net sales of ¥112,000 million, operating profit of ¥5,200 million, profit attributable to owners of parent of ¥3,400 million and earnings per share of ¥41.60.
Reported Earnings • May 13Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥27.41 (up from JP¥25.01 in FY 2023). Revenue: JP¥106.6b (down 1.3% from FY 2023). Net income: JP¥2.24b (up 9.4% from FY 2023). Profit margin: 2.1% (up from 1.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 33%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • May 12Tamura Corporation, Annual General Meeting, Jun 26, 2024Tamura Corporation, Annual General Meeting, Jun 26, 2024.
Buy Or Sell Opportunity • Apr 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to JP¥651. The fair value is estimated to be JP¥540, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.8% in 2 years. Earnings are forecast to grow by 295% in the next 2 years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
分析記事 • Mar 04Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥5.00Tamura Corporation ( TSE:6768 ) will pay a dividend of ¥5.00 on the 1st of July. Based on this payment, the dividend...
お知らせ • Mar 03Tamura Corporation to Report Fiscal Year 2024 Results on May 10, 2024Tamura Corporation announced that they will report fiscal year 2024 results on May 10, 2024
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥8.39 (vs JP¥8.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.39 (down from JP¥8.95 in 3Q 2023). Revenue: JP¥27.0b (down 6.4% from 3Q 2023). Net income: JP¥686.0m (down 6.2% from 3Q 2023). Profit margin: 2.5% (in line with 3Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Feb 06Tamura Corporation Provides Dividend Guidance for the Year Ending March 31, 2024Tamura Corporation provided dividend guidance for the year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 5.00 per share.
New Risk • Dec 16New major risk - Revenue and earnings growthEarnings have declined by 39% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Profit margins are more than 30% lower than last year (0.8% net profit margin).
お知らせ • Dec 03Tamura Corporation to Report Q3, 2024 Results on Feb 05, 2024Tamura Corporation announced that they will report Q3, 2024 results on Feb 05, 2024
Major Estimate Revision • Dec 02Consensus EPS estimates fall by 16%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥105.8b to JP¥107.7b. EPS estimate fell from JP¥19.50 to JP¥16.40 per share. Net income forecast to grow 168% next year vs 9.0% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥640 to JP¥620. Share price was steady at JP¥563 over the past week.
Reported Earnings • Nov 08Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: JP¥0.32 (down from JP¥13.33 in 2Q 2023). Revenue: JP¥27.4b (up 7.5% from 2Q 2023). Net income: JP¥26.0m (down 98% from 2Q 2023). Profit margin: 0.1% (down from 4.3% in 2Q 2023). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 57%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Price Target Changed • Oct 13Price target decreased by 22% to JP¥640Down from JP¥825, the current price target is provided by 1 analyst. New target price is 23% above last closing price of JP¥520. Stock is down 25% over the past year. The company is forecast to post earnings per share of JP¥19.50 for next year compared to JP¥25.01 last year.
Major Estimate Revision • Sep 27Consensus EPS estimates increase by 23%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from JP¥107.0b to JP¥105.8b. EPS estimate rose from JP¥15.90 to JP¥19.50. Net income forecast to grow 12% next year vs 5.9% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥825 to JP¥795. Share price was steady at JP¥572 over the past week.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥5.00 per share at 1.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
お知らせ • Aug 31Tamura Corporation to Report Q2, 2024 Results on Nov 07, 2023Tamura Corporation announced that they will report Q2, 2024 results on Nov 07, 2023
Reported Earnings • Aug 09First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: JP¥0.32 (down from JP¥1.92 in 1Q 2023). Revenue: JP¥24.5b (up 2.2% from 1Q 2023). Net income: JP¥26.0m (down 84% from 1Q 2023). Profit margin: 0.1% (down from 0.7% in 1Q 2023). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 47%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: JP¥0.32 (down from JP¥1.92 in 1Q 2023). Revenue: JP¥24.5b (up 2.2% from 1Q 2023). Net income: JP¥26.0m (down 84% from 1Q 2023). Profit margin: 0.1% (down from 0.7% in 1Q 2023). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 47%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 28New 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: 1.6% 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. Large one-off items impacting financial results.
Major Estimate Revision • Jun 28Consensus EPS estimates fall by 62%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥41.55 to JP¥15.90. Revenue forecast unchanged from JP¥107.0b at last update. Net income forecast to shrink 36% next year vs 3.5% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥900 to JP¥825. Share price fell 2.2% to JP¥673 over the past week.
Price Target Changed • Jun 27Price target decreased by 9.3% to JP¥825Down from JP¥910, the current price target is an average from 2 analysts. New target price is 24% above last closing price of JP¥665. Stock is up 14% over the past year. The company is forecast to post earnings per share of JP¥45.30 for next year compared to JP¥25.01 last year.
お知らせ • May 31Tamura Corporation to Report Q1, 2024 Results on Aug 04, 2023Tamura Corporation announced that they will report Q1, 2024 results on Aug 04, 2023
Reported Earnings • May 13Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥25.01 (up from JP¥1.02 loss in FY 2022). Revenue: JP¥108.0b (up 22% from FY 2022). Net income: JP¥2.05b (up JP¥2.13b from FY 2022). Profit margin: 1.9% (up from net loss in FY 2022). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13Tamura Corporation, Annual General Meeting, Jun 28, 2023Tamura Corporation, Annual General Meeting, Jun 28, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per share at 1.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%).
お知らせ • Feb 07+ 1 more updateTamura Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Tamura Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of ¥105,000 million, operating profit of ¥4,500 million, profit attributable to owners of parent of ¥2,700 million and earnings per share of ¥32.87.
Reported Earnings • Feb 04Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥8.95 (up from JP¥5.16 loss in 3Q 2022). Revenue: JP¥28.9b (up 35% from 3Q 2022). Net income: JP¥731.0m (up JP¥1.16b from 3Q 2022). Profit margin: 2.5% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Price Target Changed • Dec 09Price target increased to JP¥870Up from JP¥730, the current price target is provided by 1 analyst. New target price is 6.4% above last closing price of JP¥818. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥31.70 next year compared to a net loss per share of JP¥1.02 last year.
お知らせ • Nov 30Tamura Corporation to Report Q3, 2023 Results on Feb 03, 2023Tamura Corporation announced that they will report Q3, 2023 results on Feb 03, 2023
Reported Earnings • Nov 17Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: JP¥25.5b (up 18% from 2Q 2022). Net income: JP¥1.09b (up 418% from 2Q 2022). Profit margin: 4.3% (up from 1.0% in 2Q 2022). Revenue missed analyst estimates by 2.1%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Akira Kubota was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: JP¥13.33 (up from JP¥2.57 in 2Q 2022). Revenue: JP¥25.5b (up 18% from 2Q 2022). Net income: JP¥1.09b (up 418% from 2Q 2022). Profit margin: 4.3% (up from 1.0% in 2Q 2022). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Oct 21Consensus EPS estimates increase by 23%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥97.0b to JP¥105.0b. EPS estimate increased from JP¥25.60 to JP¥31.60 per share. Net income forecast to grow 694% next year vs 7.7% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥690 to JP¥730. Share price rose 2.6% to JP¥714 over the past week.
