View ValuationAlps Alpine 将来の成長Future 基準チェック /16Alps Alpine利益と収益がそれぞれ年間7.6%と1.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に7.2% 9%なると予測されています。主要情報7.6%収益成長率8.99%EPS成長率Electronic 収益成長12.8%収益成長率1.5%将来の株主資本利益率7.15%アナリストカバレッジGood最終更新日08 May 2026今後の成長に関する最新情報分析記事 • May 04Alps Alpine Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsThere's been a notable change in appetite for Alps Alpine Co., Ltd. ( TSE:6770 ) shares in the week since its full-year...Price Target Changed • Mar 23Price target increased by 7.1% to JP¥2,141Up from JP¥2,000, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of JP¥2,101. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥111 for next year compared to JP¥184 last year.分析記事 • Feb 03Alps Alpine Co., Ltd. Just Recorded A 162% EPS Beat: Here's What Analysts Are Forecasting NextAlps Alpine Co., Ltd. ( TSE:6770 ) just released its latest third-quarter results and things are looking bullish. It...Major Estimate Revision • Nov 07Consensus EPS estimates increase by 33%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥66.40 to JP¥88.42. Revenue forecast steady at JP¥969.7b. Net income forecast to shrink 61% next year vs 14% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥1,658 to JP¥1,703. Share price was steady at JP¥1,980 over the past week.分析記事 • Aug 04Alps Alpine Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for Alps Alpine Co., Ltd. ( TSE:6770 ) shareholders, because the company has just released its...Major Estimate Revision • Aug 01Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥58.80 to JP¥49.10 per share. Revenue forecast steady at JP¥944.9b. Net income forecast to shrink 75% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target broadly unchanged at JP¥1,463. Share price rose 3.1% to JP¥1,620 over the past week.すべての更新を表示Recent updates分析記事 • May 04Alps Alpine Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsThere's been a notable change in appetite for Alps Alpine Co., Ltd. ( TSE:6770 ) shares in the week since its full-year...Reported Earnings • May 01Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥135 (down from JP¥184 in FY 2025). Revenue: JP¥1.02t (up 2.9% from FY 2025). Net income: JP¥26.9b (down 29% from FY 2025). Profit margin: 2.6% (down from 3.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 30Alps Alpine Co., Ltd., Annual General Meeting, Jun 25, 2026Alps Alpine Co., Ltd., Annual General Meeting, Jun 25, 2026.Price Target Changed • Mar 23Price target increased by 7.1% to JP¥2,141Up from JP¥2,000, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of JP¥2,101. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥111 for next year compared to JP¥184 last year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).分析記事 • Feb 06Alps Alpine's (TSE:6770) Dividend Will Be Increased To ¥32.00Alps Alpine Co., Ltd.'s ( TSE:6770 ) dividend will be increasing from last year's payment of the same period to ¥32.00...分析記事 • Feb 03Alps Alpine Co., Ltd. Just Recorded A 162% EPS Beat: Here's What Analysts Are Forecasting NextAlps Alpine Co., Ltd. ( TSE:6770 ) just released its latest third-quarter results and things are looking bullish. It...お知らせ • Feb 03Alps Alpine Co., Ltd. to Report Q4, 2026 Results on Apr 30, 2026Alps Alpine Co., Ltd. announced that they will report Q4, 2026 results on Apr 30, 2026Reported Earnings • Jan 31Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥54.73 (up from JP¥43.27 in 3Q 2025). Revenue: JP¥255.5b (up 2.1% from 3Q 2025). Net income: JP¥10.7b (up 20% from 3Q 2025). Profit margin: 4.2% (up from 3.6% in 3Q 2025). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 162%. Revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 30+ 2 more updatesAlps Alpine Co., Ltd. Provides Cash Dividend Guidance for the Fiscal Year Ending March 31, 2026Alps Alpine Co., Ltd. provided cash dividend guidance for the fiscal year ending March 31, 2026. For the fiscal year end, the company expects dividend of JPY 32.00 per share against JPY 30.00 per share a year ago.Declared Dividend • Nov 29First half dividend of JP¥30.00 announcedDividend of JP¥30.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.0%, 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 (44% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 46% over the next 3 years. However, it would need to fall by 73% to increase the payout ratio to a potentially unsustainable range.分析記事 • Nov 25Alps Alpine (TSE:6770) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 07Alps Alpine's (TSE:6770) Solid Profits Have Weak FundamentalsUnsurprisingly, Alps Alpine Co., Ltd.'s ( TSE:6770 ) stock price was strong on the back of its healthy earnings report...Major Estimate Revision • Nov 07Consensus EPS estimates increase by 33%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥66.40 to JP¥88.42. Revenue forecast steady at JP¥969.7b. Net income forecast to shrink 61% next year vs 14% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥1,658 to JP¥1,703. Share price was steady at JP¥1,980 over the past week.お知らせ • Nov 05Alps Alpine Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Alps Alpine Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026Reported Earnings • Nov 01Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: JP¥79.55 (up from JP¥2.77 in 2Q 2025). Revenue: JP¥266.8b (up 3.9% from 2Q 2025). Net income: JP¥16.1b (up JP¥15.5b from 2Q 2025). Profit margin: 6.0% (up from 0.2% in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 131%. Revenue is forecast to stay flat during the next 3 years compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% 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¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 36% and the cash payout ratio is 81%. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).分析記事 • Aug 22Returns On Capital Are Showing Encouraging Signs At Alps Alpine (TSE:6770)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Aug 04Alps Alpine Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for Alps Alpine Co., Ltd. ( TSE:6770 ) shareholders, because the company has just released its...お知らせ • Aug 02Alps Alpine Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025Alps Alpine Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025Reported Earnings • Aug 01First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: JP¥13.75 loss per share (down from JP¥2.17 profit in 1Q 2025). Revenue: JP¥238.9b (up 2.3% from 1Q 2025). Net loss: JP¥2.82b (down JP¥3.27b from profit in 1Q 2025). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates. 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 fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Major Estimate Revision • Aug 01Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥58.80 to JP¥49.10 per share. Revenue forecast steady at JP¥944.9b. Net income forecast to shrink 75% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target broadly unchanged at JP¥1,463. Share price rose 3.1% to JP¥1,620 over the past week.分析記事 • Jul 22These 4 Measures Indicate That Alps Alpine (TSE:6770) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Declared Dividend • Jul 09Final dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 29th September 2025 Payment date: 1st December 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 30% over the next 3 years. However, it would need to fall by 64% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Jun 30Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥184 (up from JP¥145 loss in FY 2024). Revenue: JP¥990.4b (up 2.7% from FY 2024). Net income: JP¥37.8b (up JP¥67.7b from FY 2024). Profit margin: 3.8% (up from net loss in FY 2024). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to stay flat during the next 3 years compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.分析記事 • Jun 02Alps Alpine Co., Ltd.'s (TSE:6770) Popularity With Investors Is Under Threat From OverpricingIt's not a stretch to say that Alps Alpine Co., Ltd.'s ( TSE:6770 ) price-to-sales (or "P/S") ratio of 0.3x right now...分析記事 • May 07Alps Alpine's (TSE:6770) Solid Profits Have Weak FundamentalsAlps Alpine Co., Ltd. ( TSE:6770 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Major Estimate Revision • May 07Consensus EPS estimates fall by 33%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥950.9b to JP¥933.1b. EPS estimate also fell from JP¥96.25 per share to JP¥64.61 per share. Net income forecast to shrink 58% next year vs 8.0% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥1,500 to JP¥1,469. Share price fell 3.5% to JP¥1,397 over the past week.分析記事 • May 03Results: Alps Alpine Co., Ltd. Beat Earnings Expectations And Analysts Now Have New ForecastsAlps Alpine Co., Ltd. ( TSE:6770 ) just released its latest yearly results and things are looking bullish. Alps Alpine...お知らせ • May 02Alps Alpine Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Alps Alpine Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025分析記事 • May 01Alps Alpine (TSE:6770) Has More To Do To Multiply In Value Going ForwardWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (dividend per share is over 17x earnings per share). Large one-off items impacting financial results.Reported Earnings • May 01Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥184 (up from JP¥145 loss in FY 2024). Revenue: JP¥990.4b (up 2.7% from FY 2024). Net income: JP¥37.8b (up JP¥67.7b from FY 2024). Profit margin: 3.8% (up from net loss in FY 2024). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to stay flat during the next 3 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 fallen by 61% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • May 01Alps Alpine Co., Ltd. (TSE:6770) announces an Equity Buyback for 20,000,000 shares, representing 9.73% for ¥20,000 million.Alps Alpine Co., Ltd. (TSE:6770) announces a share repurchase program. Under the program, the company will repurchase 20,000,000 shares, representing 9.73% of its share capital, for ¥20,000 million. The company will repurchase its shares with the aim of increasing the value per share and improving capital efficiency. The program will run until March 31, 2026. As of March 31, 2025, the company had 205,652,636 shares outstanding (excluding treasury shares) and 13,628,814 shares in treasury.お知らせ • Apr 30Alps Alpine Co., Ltd., Annual General Meeting, Jun 25, 2025Alps Alpine Co., Ltd., Annual General Meeting, Jun 25, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).お知らせ • Feb 04Alps Alpine Co., Ltd. to Report Q4, 2025 Results on Apr 30, 2025Alps Alpine Co., Ltd. announced that they will report Q4, 2025 results on Apr 30, 2025Reported Earnings • Feb 01Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥43.27 (up from JP¥132 loss in 3Q 2024). Revenue: JP¥250.3b (down 3.9% from 3Q 2024). Net income: JP¥8.90b (up JP¥36.0b from 3Q 2024). Profit margin: 3.6% (up from net loss in 3Q 2024). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.分析記事 • Jan 06Alps Alpine (TSE:6770) Has Announced A Dividend Of ¥30.00Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will pay a dividend of ¥30.00 per share on the 27th of June...分析記事 • Dec 24Returns On Capital Signal Difficult Times Ahead For Alps Alpine (TSE:6770)If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...分析記事 • Dec 01Alps Alpine (TSE:6770) Will Pay A Dividend Of ¥30.00The board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will pay a dividend on the 27th of June, with...Declared Dividend • Nov 30First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (51% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time.お知らせ • Nov 10Alps Alpine Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Alps Alpine Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025分析記事 • Nov 02Alps Alpine Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsLast week saw the newest interim earnings release from Alps Alpine Co., Ltd. ( TSE:6770 ), an important milestone in...Reported Earnings • Nov 01Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: JP¥2.77 (down from JP¥44.19 in 2Q 2024). Revenue: JP¥256.7b (flat on 2Q 2024). Net income: JP¥569.0m (down 94% from 2Q 2024). Profit margin: 0.2% (down from 3.5% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 84%. Revenue is forecast to stay flat 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, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.分析記事 • Sep 24Alps Alpine's (TSE:6770) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will be paying its dividend of ¥30.00 on the 2nd...Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).分析記事 • Sep 17Are Alps Alpine Co., Ltd. (TSE:6770) Investors Paying Above The Intrinsic Value?Key Insights The projected fair value for Alps Alpine is JP¥1,223 based on 2 Stage Free Cash Flow to Equity Alps Alpine...お知らせ • Aug 29Alps Alpine Co., Ltd. to Report Q2, 2025 Results on Oct 30, 2024Alps Alpine Co., Ltd. announced that they will report Q2, 2025 results on Oct 30, 2024分析記事 • Aug 29Alps Alpine's (TSE:6770) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will be paying its dividend of ¥30.00 on the 2nd...分析記事 • Aug 24Is Now An Opportune Moment To Examine Alps Alpine Co., Ltd. (TSE:6770)?Alps Alpine Co., Ltd. ( TSE:6770 ), might not be a large cap stock, but it saw a decent share price growth of 18% on...Price Target Changed • Aug 21Price target increased by 7.3% to JP¥1,523Up from JP¥1,418, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of JP¥1,498. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥148 next year compared to a net loss per share of JP¥145 last year.Buy Or Sell Opportunity • Aug 13Now 22% overvaluedOver the last 90 days, the stock has fallen 1.7% to JP¥1,456. The fair value is estimated to be JP¥1,197, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Aug 09Alps Alpine (TSE:6770) Is Paying Out A Larger Dividend Than Last YearAlps Alpine Co., Ltd. ( TSE:6770 ) will increase its dividend from last year's comparable payment on the 2nd of...分析記事 • Aug 04Alps Alpine Co., Ltd. Just Reported A Surprise Profit And Analysts Updated Their EstimatesShareholders might have noticed that Alps Alpine Co., Ltd. ( TSE:6770 ) filed its quarterly result this time last week...Reported Earnings • Aug 02First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: JP¥2.17 (up from JP¥11.55 loss in 1Q 2024). Revenue: JP¥233.6b (up 6.9% from 1Q 2024). Net income: JP¥445.0m (up JP¥2.82b from 1Q 2024). Profit margin: 0.2% (up from net loss in 1Q 2024). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to stay flat 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, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.分析記事 • Jul 25Alps Alpine (TSE:6770) Is Increasing Its Dividend To ¥30.00The board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will be paying its dividend of ¥30.00 on the 2nd...分析記事 • Jul 11Alps Alpine (TSE:6770) Is Paying Out A Larger Dividend Than Last YearThe board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will be paying its dividend of ¥30.00 on the 2nd...Declared Dividend • Jul 11Final dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (37% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time.Price Target Changed • Jun 08Price target increased by 7.4% to JP¥1,285Up from JP¥1,196, the current price target is an average from 13 analysts. New target price is 14% below last closing price of JP¥1,495. Stock is up 20% over the past year. The company is forecast to post earnings per share of JP¥123 next year compared to a net loss per share of JP¥145 last year.お知らせ • Jun 02Alps Alpine Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Alps Alpine Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024分析記事 • May 12Earnings Update: Alps Alpine Co., Ltd. (TSE:6770) Just Reported Its Annual Results And Analysts Are Updating Their ForecastsInvestors in Alps Alpine Co., Ltd. ( TSE:6770 ) had a good week, as its shares rose 3.8% to close at JP¥1,506 following...Reported Earnings • May 11Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: JP¥145 loss per share (down from JP¥55.77 profit in FY 2023). Revenue: JP¥964.1b (up 3.3% from FY 2023). Net loss: JP¥29.8b (down 360% from profit in FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to stay flat during the next 3 years compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • May 10+ 2 more updatesAlps Alpine Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and for the Full Year Ending March 31, 2025Alps Alpine Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2024 and for the full year ending March 31, 2025. For the six months ending September 30, 2024, the company expects net sales of ¥450,000 million, operating income of ¥2,500 million, net income attributable to owners of parent of ¥500 million or ¥2.43 per basic share. For the year ending March 31, 2025, the company expects net sales of ¥913,000 million, operating income of ¥23,000 million, net income attributable to owners of parent of ¥30,000 million or ¥145.93 per basic share.分析記事 • Apr 30Alps Alpine Co., Ltd.'s (TSE:6770) Business Is Trailing The Industry But Its Shares Aren'tIt's not a stretch to say that Alps Alpine Co., Ltd.'s ( TSE:6770 ) price-to-sales (or "P/S") ratio of 0.3x right now...お知らせ • Apr 19Alps Alpine Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024Alps Alpine Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024分析記事 • Apr 09Alps Alpine's (TSE:6770) Returns On Capital Tell Us There Is Reason To Feel UneasyWhat financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).分析記事 • Mar 12Alps Alpine (TSE:6770) Is Reducing Its Dividend To ¥10.00Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that on 26th of June, it will be paying a dividend of¥10.00, which a...お知らせ • Mar 08Alps Alpine Co., Ltd., Annual General Meeting, Jun 26, 2024Alps Alpine Co., Ltd., Annual General Meeting, Jun 26, 2024.お知らせ • Mar 02Alps Alpine Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2024Alps Alpine Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2024分析記事 • Feb 27Alps Alpine (TSE:6770) Is Reducing Its Dividend To ¥10.00Alps Alpine Co., Ltd.'s ( TSE:6770 ) dividend is being reduced from last year's payment covering the same period to...New Risk • Feb 06New 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: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change).Buy Or Sell Opportunity • Feb 05Now 22% overvaluedOver the last 90 days, the stock has fallen 13% to JP¥1,064. The fair value is estimated to be JP¥875, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat.Reported Earnings • Jan 31Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: JP¥132 loss per share (down from JP¥17.95 profit in 3Q 2023). Revenue: JP¥260.4b (up 5.7% from 3Q 2023). Net loss: JP¥27.1b (down JP¥30.8b from profit in 3Q 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat 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 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Jan 31Consensus EPS estimates fall by 99%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥87.30 to JP¥1.18 per share. Revenue forecast steady at JP¥951.5b. Net income forecast to grow 1,003% next year vs 7.1% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥1,257 to JP¥1,228. Share price fell 14% to JP¥1,102 over the past week.お知らせ • Jan 30Alps Alpine Co., Ltd. Revises Its Consolidated Earnings Forecast for the Full Fiscal Year Ending March 31, 2024Alps Alpine Co., Ltd. revised its consolidated earnings forecast for the full fiscal year ending March 31, 2024. The company now expects net sales of JPY 957,000 million against JPY 960,000 million as previously forecasted, operating income of JPY 16,500 million against JPY 32,500 million as previously forecasted, loss attributed to owners of parents of JPY 35,000 million against profit of JPY 20,000 million as previously forecasted and net loss per share of JPY 170.27 against net income per share of JPY 97.33 as previously forecasted.お知らせ • Nov 27Alps Alpine Co., Ltd. to Report Q3, 2024 Results on Jan 30, 2024Alps Alpine Co., Ltd. announced that they will report Q3, 2024 results on Jan 30, 2024Reported Earnings • Nov 01Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥44.19 (down from JP¥72.14 in 2Q 2023). Revenue: JP¥256.5b (up 2.9% from 2Q 2023). Net income: JP¥9.09b (down 39% from 2Q 2023). Profit margin: 3.5% (down from 5.9% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 103%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% 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 • Oct 27Alps Alpine and Alpine Electronics, Inc Announces Notice of Filing of A Final Appeal, and A Petition for the Acceptance of A Final Appeal, Against Alps Alpine and AlpineAlps Alpine and its subsidiary Alpine Electronics, Inc. had received a judgment from the Tokyo High Court rejecting an appeal. ALPS ALPINE announced that the Companies have been served by the Tokyo High Court with a petition for a final appeal and a petition for the acceptance of a final appeal with respect to such judgment on October 26, 2023. Location and date of the filing of a final appeal and petition for the acceptance of a final appeal The Supreme Court, October 11, 2023 Cause of, and particulars leading up to, the filing of a final appeal and petition for the acceptance of a final appeal ALPS ALPINE conducted a share exchange, effective on January 1, 2019, by which ALPINE became a wholly owned subsidiary of ALPS ALPINE, and ALPS ALPINE the sole parent of ALPINE (the "Share Exchange"). The entities listed in "3" below, which were shareholders of ALPINE immediately prior to the Share Exchange becoming effective (the plaintiffs at the court of first instance; the "Appellants"), asserted that the Share Exchange was unfair, among other claims, and therefore sought the nullification of the Share Exchange, among other remedies. Following that, on March 24, 2022, the Tokyo District Court rendered a judgment rejecting all claims of the Appellants against the Companies. Dissatisfied with the judgment of the Tokyo District Court, the Appellants filed an appeal with the Tokyo High Court on April 7, 2022; however, on September 28, 2023, the Tokyo High Court rendered a judgment rejecting all claims of the Appellants against the Companies. Dissatisfied with the judgment of the Tokyo High Court, the Appellants filed a final appeal and a petition for the acceptance of a final appeal with the Supreme Court.Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).New Risk • Jul 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 127% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 127% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).Reported Earnings • Jul 29First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: JP¥11.55 loss per share (down from JP¥12.67 profit in 1Q 2023). Revenue: JP¥218.5b (up 6.6% from 1Q 2023). Net loss: JP¥2.37b (down 191% from profit in 1Q 2023). Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Jun 13+ 2 more updatesAlps Alpine Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023Alps Alpine Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023Major Estimate Revision • May 30Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥910.8b to JP¥920.6b. EPS estimate fell from JP¥127 to JP¥113 per share. Net income forecast to grow 104% next year vs 4.0% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥1,496 to JP¥1,453. Share price was steady at JP¥1,250 over the past week.お知らせ • May 27+ 1 more updateAlps Alpine Co., Ltd. Provides Dividend Guidance for Interim and Full Year of Year Ending March 31, 2024Alps Alpine Co., Ltd. expects to pay the dividend of JPY 40 per share for fiscal year ending March 31, 2024, including and interim dividend forecast of JPY 20 per share.Reported Earnings • Apr 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥55.77 (down from JP¥111 in FY 2022). Revenue: JP¥933.1b (up 16% from FY 2022). Net income: JP¥11.5b (down 50% from FY 2022). Profit margin: 1.2% (down from 2.9% in FY 2022). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 58%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 01Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥17.95 (down from JP¥60.70 in 3Q 2022). Revenue: JP¥246.3b (up 9.1% from 3Q 2022). Net income: JP¥3.69b (down 71% from 3Q 2022). Profit margin: 1.5% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 66%. Revenue is forecast to stay flat 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 110% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Buying Opportunity • Dec 20Now 20% undervaluedOver the last 90 days, the stock is up 2.4%. The fair value is estimated to be JP¥1,553, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 92%. Revenue is forecast to grow by 0.9% in 2 years. Earnings is forecast to decline by 15% in the next 2 years.業績と収益の成長予測TSE:6770 - 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3/31/20291,092,16736,80024,91575,23133/31/20281,070,93232,66141268,199133/31/20271,033,65528,855-12,50863,151143/31/20261,019,45926,87935,97495,926N/A12/31/20251,010,98051,887N/AN/AN/A9/30/20251,005,80750,10727,45082,079N/A6/30/2025995,73434,571N/AN/AN/A3/31/2025990,40737,83715,19965,817N/A12/31/2024969,347474N/AN/AN/A9/30/2024979,392-35,51123,98974,695N/A6/30/2024979,175-26,995N/AN/AN/A3/31/2024964,090-29,81433,13289,173N/A12/31/2023967,857-30,031N/AN/AN/A9/30/2023953,837745-9,53745,497N/A6/30/2023946,6446,483N/AN/AN/A3/31/2023933,11411,470-36,94315,413N/A12/31/2022910,15329,331N/AN/AN/A9/30/2022889,67938,219-11,45438,045N/A6/30/2022833,03429,918N/AN/AN/A3/31/2022802,85422,960-13,89234,304N/A12/31/2021777,60413,086N/AN/AN/A9/30/2021764,6857,332-8,29733,296N/A6/30/2021757,338928N/AN/AN/A3/31/2021718,013-3,8374,67242,636N/A12/31/2020711,397-11,464N/AN/AN/A9/30/2020703,218-18,95015,55154,273N/A6/30/2020740,325-12,004N/AN/AN/A3/31/2020810,570-4,00946,56087,210N/A12/31/2019839,712201N/AN/AN/A9/30/2019856,12810,652N/A77,220N/A6/30/2019854,83117,149N/AN/AN/A3/31/2019851,33222,114N/A72,671N/A12/31/2018858,58930,174N/AN/AN/A9/30/2018871,51939,945N/A89,753N/A6/30/2018870,99444,913N/AN/AN/A3/31/2018858,31747,390N/A70,387N/A12/31/2017845,64451,138N/AN/AN/A9/30/2017809,36450,882N/A43,462N/A6/30/2017768,06438,609N/AN/AN/A3/31/2017753,26234,920N/A41,603N/A12/31/2016739,01930,017N/AN/AN/A9/30/2016732,77118,776N/A46,080N/A6/30/2016754,55233,030N/AN/AN/A3/31/2016774,03839,034N/A53,958N/A12/31/2015782,15843,449N/AN/AN/A9/30/2015790,36550,927N/A68,912N/A6/30/2015775,49341,558N/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: 6770の予測収益成長率 (年間7.6% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 6770の収益 ( 7.6% ) JP市場 ( 10.2% ) よりも低い成長が予測されています。高成長収益: 6770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: 6770の収益 ( 1.5% ) JP市場 ( 6.1% ) よりも低い成長が予測されています。高い収益成長: 6770の収益 ( 1.5% ) 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: 6770の 自己資本利益率 は、3年後には低くなると予測されています ( 7.2 %)。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2026/05/09 23:14終値2026/05/08 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Alps Alpine Co., Ltd. 14 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。19 アナリスト機関Kazunori ItoBarclaysMasashi KubotaBofA Global ResearchTakayuki NaitoCitigroup Inc16 その他のアナリストを表示
分析記事 • May 04Alps Alpine Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsThere's been a notable change in appetite for Alps Alpine Co., Ltd. ( TSE:6770 ) shares in the week since its full-year...
Price Target Changed • Mar 23Price target increased by 7.1% to JP¥2,141Up from JP¥2,000, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of JP¥2,101. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥111 for next year compared to JP¥184 last year.
分析記事 • Feb 03Alps Alpine Co., Ltd. Just Recorded A 162% EPS Beat: Here's What Analysts Are Forecasting NextAlps Alpine Co., Ltd. ( TSE:6770 ) just released its latest third-quarter results and things are looking bullish. It...
Major Estimate Revision • Nov 07Consensus EPS estimates increase by 33%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥66.40 to JP¥88.42. Revenue forecast steady at JP¥969.7b. Net income forecast to shrink 61% next year vs 14% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥1,658 to JP¥1,703. Share price was steady at JP¥1,980 over the past week.
分析記事 • Aug 04Alps Alpine Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for Alps Alpine Co., Ltd. ( TSE:6770 ) shareholders, because the company has just released its...
Major Estimate Revision • Aug 01Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥58.80 to JP¥49.10 per share. Revenue forecast steady at JP¥944.9b. Net income forecast to shrink 75% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target broadly unchanged at JP¥1,463. Share price rose 3.1% to JP¥1,620 over the past week.
分析記事 • May 04Alps Alpine Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsThere's been a notable change in appetite for Alps Alpine Co., Ltd. ( TSE:6770 ) shares in the week since its full-year...
Reported Earnings • May 01Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥135 (down from JP¥184 in FY 2025). Revenue: JP¥1.02t (up 2.9% from FY 2025). Net income: JP¥26.9b (down 29% from FY 2025). Profit margin: 2.6% (down from 3.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 30Alps Alpine Co., Ltd., Annual General Meeting, Jun 25, 2026Alps Alpine Co., Ltd., Annual General Meeting, Jun 25, 2026.
Price Target Changed • Mar 23Price target increased by 7.1% to JP¥2,141Up from JP¥2,000, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of JP¥2,101. Stock is up 32% over the past year. The company is forecast to post earnings per share of JP¥111 for next year compared to JP¥184 last year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
分析記事 • Feb 06Alps Alpine's (TSE:6770) Dividend Will Be Increased To ¥32.00Alps Alpine Co., Ltd.'s ( TSE:6770 ) dividend will be increasing from last year's payment of the same period to ¥32.00...
分析記事 • Feb 03Alps Alpine Co., Ltd. Just Recorded A 162% EPS Beat: Here's What Analysts Are Forecasting NextAlps Alpine Co., Ltd. ( TSE:6770 ) just released its latest third-quarter results and things are looking bullish. It...
お知らせ • Feb 03Alps Alpine Co., Ltd. to Report Q4, 2026 Results on Apr 30, 2026Alps Alpine Co., Ltd. announced that they will report Q4, 2026 results on Apr 30, 2026
Reported Earnings • Jan 31Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥54.73 (up from JP¥43.27 in 3Q 2025). Revenue: JP¥255.5b (up 2.1% from 3Q 2025). Net income: JP¥10.7b (up 20% from 3Q 2025). Profit margin: 4.2% (up from 3.6% in 3Q 2025). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 162%. Revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 30+ 2 more updatesAlps Alpine Co., Ltd. Provides Cash Dividend Guidance for the Fiscal Year Ending March 31, 2026Alps Alpine Co., Ltd. provided cash dividend guidance for the fiscal year ending March 31, 2026. For the fiscal year end, the company expects dividend of JPY 32.00 per share against JPY 30.00 per share a year ago.
Declared Dividend • Nov 29First half dividend of JP¥30.00 announcedDividend of JP¥30.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.0%, 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 (44% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 46% over the next 3 years. However, it would need to fall by 73% to increase the payout ratio to a potentially unsustainable range.
分析記事 • Nov 25Alps Alpine (TSE:6770) Could Easily Take On More DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 07Alps Alpine's (TSE:6770) Solid Profits Have Weak FundamentalsUnsurprisingly, Alps Alpine Co., Ltd.'s ( TSE:6770 ) stock price was strong on the back of its healthy earnings report...
Major Estimate Revision • Nov 07Consensus EPS estimates increase by 33%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥66.40 to JP¥88.42. Revenue forecast steady at JP¥969.7b. Net income forecast to shrink 61% next year vs 14% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥1,658 to JP¥1,703. Share price was steady at JP¥1,980 over the past week.
お知らせ • Nov 05Alps Alpine Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Alps Alpine Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
Reported Earnings • Nov 01Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: JP¥79.55 (up from JP¥2.77 in 2Q 2025). Revenue: JP¥266.8b (up 3.9% from 2Q 2025). Net income: JP¥16.1b (up JP¥15.5b from 2Q 2025). Profit margin: 6.0% (up from 0.2% in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 131%. Revenue is forecast to stay flat during the next 3 years compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% 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¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 36% and the cash payout ratio is 81%. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
分析記事 • Aug 22Returns On Capital Are Showing Encouraging Signs At Alps Alpine (TSE:6770)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Aug 04Alps Alpine Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for Alps Alpine Co., Ltd. ( TSE:6770 ) shareholders, because the company has just released its...
お知らせ • Aug 02Alps Alpine Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025Alps Alpine Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025
Reported Earnings • Aug 01First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: JP¥13.75 loss per share (down from JP¥2.17 profit in 1Q 2025). Revenue: JP¥238.9b (up 2.3% from 1Q 2025). Net loss: JP¥2.82b (down JP¥3.27b from profit in 1Q 2025). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates. 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 fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Major Estimate Revision • Aug 01Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥58.80 to JP¥49.10 per share. Revenue forecast steady at JP¥944.9b. Net income forecast to shrink 75% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target broadly unchanged at JP¥1,463. Share price rose 3.1% to JP¥1,620 over the past week.
分析記事 • Jul 22These 4 Measures Indicate That Alps Alpine (TSE:6770) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Declared Dividend • Jul 09Final dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 29th September 2025 Payment date: 1st December 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 30% over the next 3 years. However, it would need to fall by 64% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Jun 30Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥184 (up from JP¥145 loss in FY 2024). Revenue: JP¥990.4b (up 2.7% from FY 2024). Net income: JP¥37.8b (up JP¥67.7b from FY 2024). Profit margin: 3.8% (up from net loss in FY 2024). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to stay flat during the next 3 years compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
分析記事 • Jun 02Alps Alpine Co., Ltd.'s (TSE:6770) Popularity With Investors Is Under Threat From OverpricingIt's not a stretch to say that Alps Alpine Co., Ltd.'s ( TSE:6770 ) price-to-sales (or "P/S") ratio of 0.3x right now...
分析記事 • May 07Alps Alpine's (TSE:6770) Solid Profits Have Weak FundamentalsAlps Alpine Co., Ltd. ( TSE:6770 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Major Estimate Revision • May 07Consensus EPS estimates fall by 33%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥950.9b to JP¥933.1b. EPS estimate also fell from JP¥96.25 per share to JP¥64.61 per share. Net income forecast to shrink 58% next year vs 8.0% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥1,500 to JP¥1,469. Share price fell 3.5% to JP¥1,397 over the past week.
分析記事 • May 03Results: Alps Alpine Co., Ltd. Beat Earnings Expectations And Analysts Now Have New ForecastsAlps Alpine Co., Ltd. ( TSE:6770 ) just released its latest yearly results and things are looking bullish. Alps Alpine...
お知らせ • May 02Alps Alpine Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Alps Alpine Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025
分析記事 • May 01Alps Alpine (TSE:6770) Has More To Do To Multiply In Value Going ForwardWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (dividend per share is over 17x earnings per share). Large one-off items impacting financial results.
Reported Earnings • May 01Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥184 (up from JP¥145 loss in FY 2024). Revenue: JP¥990.4b (up 2.7% from FY 2024). Net income: JP¥37.8b (up JP¥67.7b from FY 2024). Profit margin: 3.8% (up from net loss in FY 2024). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to stay flat during the next 3 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 fallen by 61% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • May 01Alps Alpine Co., Ltd. (TSE:6770) announces an Equity Buyback for 20,000,000 shares, representing 9.73% for ¥20,000 million.Alps Alpine Co., Ltd. (TSE:6770) announces a share repurchase program. Under the program, the company will repurchase 20,000,000 shares, representing 9.73% of its share capital, for ¥20,000 million. The company will repurchase its shares with the aim of increasing the value per share and improving capital efficiency. The program will run until March 31, 2026. As of March 31, 2025, the company had 205,652,636 shares outstanding (excluding treasury shares) and 13,628,814 shares in treasury.
お知らせ • Apr 30Alps Alpine Co., Ltd., Annual General Meeting, Jun 25, 2025Alps Alpine Co., Ltd., Annual General Meeting, Jun 25, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
お知らせ • Feb 04Alps Alpine Co., Ltd. to Report Q4, 2025 Results on Apr 30, 2025Alps Alpine Co., Ltd. announced that they will report Q4, 2025 results on Apr 30, 2025
Reported Earnings • Feb 01Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥43.27 (up from JP¥132 loss in 3Q 2024). Revenue: JP¥250.3b (down 3.9% from 3Q 2024). Net income: JP¥8.90b (up JP¥36.0b from 3Q 2024). Profit margin: 3.6% (up from net loss in 3Q 2024). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
分析記事 • Jan 06Alps Alpine (TSE:6770) Has Announced A Dividend Of ¥30.00Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will pay a dividend of ¥30.00 per share on the 27th of June...
分析記事 • Dec 24Returns On Capital Signal Difficult Times Ahead For Alps Alpine (TSE:6770)If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
分析記事 • Dec 01Alps Alpine (TSE:6770) Will Pay A Dividend Of ¥30.00The board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will pay a dividend on the 27th of June, with...
Declared Dividend • Nov 30First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (51% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time.
お知らせ • Nov 10Alps Alpine Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Alps Alpine Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025
分析記事 • Nov 02Alps Alpine Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsLast week saw the newest interim earnings release from Alps Alpine Co., Ltd. ( TSE:6770 ), an important milestone in...
Reported Earnings • Nov 01Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: JP¥2.77 (down from JP¥44.19 in 2Q 2024). Revenue: JP¥256.7b (flat on 2Q 2024). Net income: JP¥569.0m (down 94% from 2Q 2024). Profit margin: 0.2% (down from 3.5% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 84%. Revenue is forecast to stay flat 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, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
分析記事 • Sep 24Alps Alpine's (TSE:6770) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will be paying its dividend of ¥30.00 on the 2nd...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
分析記事 • Sep 17Are Alps Alpine Co., Ltd. (TSE:6770) Investors Paying Above The Intrinsic Value?Key Insights The projected fair value for Alps Alpine is JP¥1,223 based on 2 Stage Free Cash Flow to Equity Alps Alpine...
お知らせ • Aug 29Alps Alpine Co., Ltd. to Report Q2, 2025 Results on Oct 30, 2024Alps Alpine Co., Ltd. announced that they will report Q2, 2025 results on Oct 30, 2024
分析記事 • Aug 29Alps Alpine's (TSE:6770) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will be paying its dividend of ¥30.00 on the 2nd...
分析記事 • Aug 24Is Now An Opportune Moment To Examine Alps Alpine Co., Ltd. (TSE:6770)?Alps Alpine Co., Ltd. ( TSE:6770 ), might not be a large cap stock, but it saw a decent share price growth of 18% on...
Price Target Changed • Aug 21Price target increased by 7.3% to JP¥1,523Up from JP¥1,418, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of JP¥1,498. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥148 next year compared to a net loss per share of JP¥145 last year.
Buy Or Sell Opportunity • Aug 13Now 22% overvaluedOver the last 90 days, the stock has fallen 1.7% to JP¥1,456. The fair value is estimated to be JP¥1,197, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Aug 09Alps Alpine (TSE:6770) Is Paying Out A Larger Dividend Than Last YearAlps Alpine Co., Ltd. ( TSE:6770 ) will increase its dividend from last year's comparable payment on the 2nd of...
分析記事 • Aug 04Alps Alpine Co., Ltd. Just Reported A Surprise Profit And Analysts Updated Their EstimatesShareholders might have noticed that Alps Alpine Co., Ltd. ( TSE:6770 ) filed its quarterly result this time last week...
Reported Earnings • Aug 02First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: JP¥2.17 (up from JP¥11.55 loss in 1Q 2024). Revenue: JP¥233.6b (up 6.9% from 1Q 2024). Net income: JP¥445.0m (up JP¥2.82b from 1Q 2024). Profit margin: 0.2% (up from net loss in 1Q 2024). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to stay flat 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, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 25Alps Alpine (TSE:6770) Is Increasing Its Dividend To ¥30.00The board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will be paying its dividend of ¥30.00 on the 2nd...
分析記事 • Jul 11Alps Alpine (TSE:6770) Is Paying Out A Larger Dividend Than Last YearThe board of Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that it will be paying its dividend of ¥30.00 on the 2nd...
Declared Dividend • Jul 11Final dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (37% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time.
Price Target Changed • Jun 08Price target increased by 7.4% to JP¥1,285Up from JP¥1,196, the current price target is an average from 13 analysts. New target price is 14% below last closing price of JP¥1,495. Stock is up 20% over the past year. The company is forecast to post earnings per share of JP¥123 next year compared to a net loss per share of JP¥145 last year.
お知らせ • Jun 02Alps Alpine Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Alps Alpine Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
分析記事 • May 12Earnings Update: Alps Alpine Co., Ltd. (TSE:6770) Just Reported Its Annual Results And Analysts Are Updating Their ForecastsInvestors in Alps Alpine Co., Ltd. ( TSE:6770 ) had a good week, as its shares rose 3.8% to close at JP¥1,506 following...
Reported Earnings • May 11Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: JP¥145 loss per share (down from JP¥55.77 profit in FY 2023). Revenue: JP¥964.1b (up 3.3% from FY 2023). Net loss: JP¥29.8b (down 360% from profit in FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to stay flat during the next 3 years compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • May 10+ 2 more updatesAlps Alpine Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and for the Full Year Ending March 31, 2025Alps Alpine Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2024 and for the full year ending March 31, 2025. For the six months ending September 30, 2024, the company expects net sales of ¥450,000 million, operating income of ¥2,500 million, net income attributable to owners of parent of ¥500 million or ¥2.43 per basic share. For the year ending March 31, 2025, the company expects net sales of ¥913,000 million, operating income of ¥23,000 million, net income attributable to owners of parent of ¥30,000 million or ¥145.93 per basic share.
分析記事 • Apr 30Alps Alpine Co., Ltd.'s (TSE:6770) Business Is Trailing The Industry But Its Shares Aren'tIt's not a stretch to say that Alps Alpine Co., Ltd.'s ( TSE:6770 ) price-to-sales (or "P/S") ratio of 0.3x right now...
お知らせ • Apr 19Alps Alpine Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024Alps Alpine Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024
分析記事 • Apr 09Alps Alpine's (TSE:6770) Returns On Capital Tell Us There Is Reason To Feel UneasyWhat financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
分析記事 • Mar 12Alps Alpine (TSE:6770) Is Reducing Its Dividend To ¥10.00Alps Alpine Co., Ltd. ( TSE:6770 ) has announced that on 26th of June, it will be paying a dividend of¥10.00, which a...
お知らせ • Mar 08Alps Alpine Co., Ltd., Annual General Meeting, Jun 26, 2024Alps Alpine Co., Ltd., Annual General Meeting, Jun 26, 2024.
お知らせ • Mar 02Alps Alpine Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2024Alps Alpine Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2024
分析記事 • Feb 27Alps Alpine (TSE:6770) Is Reducing Its Dividend To ¥10.00Alps Alpine Co., Ltd.'s ( TSE:6770 ) dividend is being reduced from last year's payment covering the same period to...
New Risk • Feb 06New 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: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change).
Buy Or Sell Opportunity • Feb 05Now 22% overvaluedOver the last 90 days, the stock has fallen 13% to JP¥1,064. The fair value is estimated to be JP¥875, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat.
Reported Earnings • Jan 31Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: JP¥132 loss per share (down from JP¥17.95 profit in 3Q 2023). Revenue: JP¥260.4b (up 5.7% from 3Q 2023). Net loss: JP¥27.1b (down JP¥30.8b from profit in 3Q 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat 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 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Jan 31Consensus EPS estimates fall by 99%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥87.30 to JP¥1.18 per share. Revenue forecast steady at JP¥951.5b. Net income forecast to grow 1,003% next year vs 7.1% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥1,257 to JP¥1,228. Share price fell 14% to JP¥1,102 over the past week.
お知らせ • Jan 30Alps Alpine Co., Ltd. Revises Its Consolidated Earnings Forecast for the Full Fiscal Year Ending March 31, 2024Alps Alpine Co., Ltd. revised its consolidated earnings forecast for the full fiscal year ending March 31, 2024. The company now expects net sales of JPY 957,000 million against JPY 960,000 million as previously forecasted, operating income of JPY 16,500 million against JPY 32,500 million as previously forecasted, loss attributed to owners of parents of JPY 35,000 million against profit of JPY 20,000 million as previously forecasted and net loss per share of JPY 170.27 against net income per share of JPY 97.33 as previously forecasted.
お知らせ • Nov 27Alps Alpine Co., Ltd. to Report Q3, 2024 Results on Jan 30, 2024Alps Alpine Co., Ltd. announced that they will report Q3, 2024 results on Jan 30, 2024
Reported Earnings • Nov 01Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥44.19 (down from JP¥72.14 in 2Q 2023). Revenue: JP¥256.5b (up 2.9% from 2Q 2023). Net income: JP¥9.09b (down 39% from 2Q 2023). Profit margin: 3.5% (down from 5.9% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 103%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% 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 • Oct 27Alps Alpine and Alpine Electronics, Inc Announces Notice of Filing of A Final Appeal, and A Petition for the Acceptance of A Final Appeal, Against Alps Alpine and AlpineAlps Alpine and its subsidiary Alpine Electronics, Inc. had received a judgment from the Tokyo High Court rejecting an appeal. ALPS ALPINE announced that the Companies have been served by the Tokyo High Court with a petition for a final appeal and a petition for the acceptance of a final appeal with respect to such judgment on October 26, 2023. Location and date of the filing of a final appeal and petition for the acceptance of a final appeal The Supreme Court, October 11, 2023 Cause of, and particulars leading up to, the filing of a final appeal and petition for the acceptance of a final appeal ALPS ALPINE conducted a share exchange, effective on January 1, 2019, by which ALPINE became a wholly owned subsidiary of ALPS ALPINE, and ALPS ALPINE the sole parent of ALPINE (the "Share Exchange"). The entities listed in "3" below, which were shareholders of ALPINE immediately prior to the Share Exchange becoming effective (the plaintiffs at the court of first instance; the "Appellants"), asserted that the Share Exchange was unfair, among other claims, and therefore sought the nullification of the Share Exchange, among other remedies. Following that, on March 24, 2022, the Tokyo District Court rendered a judgment rejecting all claims of the Appellants against the Companies. Dissatisfied with the judgment of the Tokyo District Court, the Appellants filed an appeal with the Tokyo High Court on April 7, 2022; however, on September 28, 2023, the Tokyo High Court rendered a judgment rejecting all claims of the Appellants against the Companies. Dissatisfied with the judgment of the Tokyo High Court, the Appellants filed a final appeal and a petition for the acceptance of a final appeal with the Supreme Court.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
New Risk • Jul 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 127% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 127% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
Reported Earnings • Jul 29First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: JP¥11.55 loss per share (down from JP¥12.67 profit in 1Q 2023). Revenue: JP¥218.5b (up 6.6% from 1Q 2023). Net loss: JP¥2.37b (down 191% from profit in 1Q 2023). Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Jun 13+ 2 more updatesAlps Alpine Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023Alps Alpine Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023
Major Estimate Revision • May 30Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥910.8b to JP¥920.6b. EPS estimate fell from JP¥127 to JP¥113 per share. Net income forecast to grow 104% next year vs 4.0% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥1,496 to JP¥1,453. Share price was steady at JP¥1,250 over the past week.
お知らせ • May 27+ 1 more updateAlps Alpine Co., Ltd. Provides Dividend Guidance for Interim and Full Year of Year Ending March 31, 2024Alps Alpine Co., Ltd. expects to pay the dividend of JPY 40 per share for fiscal year ending March 31, 2024, including and interim dividend forecast of JPY 20 per share.
Reported Earnings • Apr 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥55.77 (down from JP¥111 in FY 2022). Revenue: JP¥933.1b (up 16% from FY 2022). Net income: JP¥11.5b (down 50% from FY 2022). Profit margin: 1.2% (down from 2.9% in FY 2022). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 58%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 01Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥17.95 (down from JP¥60.70 in 3Q 2022). Revenue: JP¥246.3b (up 9.1% from 3Q 2022). Net income: JP¥3.69b (down 71% from 3Q 2022). Profit margin: 1.5% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 66%. Revenue is forecast to stay flat 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 110% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Buying Opportunity • Dec 20Now 20% undervaluedOver the last 90 days, the stock is up 2.4%. The fair value is estimated to be JP¥1,553, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 92%. Revenue is forecast to grow by 0.9% in 2 years. Earnings is forecast to decline by 15% in the next 2 years.