View Past PerformanceTeac バランスシートの健全性財務の健全性 基準チェック /66Teacの総株主資本は¥4.1B 、総負債は¥3.0Bで、負債比率は73.1%となります。総資産と総負債はそれぞれ¥10.6Bと¥6.5Bです。 Teacの EBIT は¥675.0Mで、利息カバレッジ比率10.7です。現金および短期投資は¥2.2Bです。主要情報73.12%負債資本比率JP¥2.98b負債インタレスト・カバレッジ・レシオ10.7x現金JP¥2.17bエクイティJP¥4.07b負債合計JP¥6.52b総資産JP¥10.59b財務の健全性に関する最新情報分析記事 • Jan 28Is Teac (TSE:6803) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesReported Earnings • May 17Full year 2026 earnings released: EPS: JP¥20.07 (vs JP¥2.81 in FY 2025)Full year 2026 results: EPS: JP¥20.07 (up from JP¥2.81 in FY 2025). Revenue: JP¥15.9b (up 1.8% from FY 2025). Net income: JP¥578.0m (up JP¥497.0m from FY 2025). Profit margin: 3.6% (up from 0.5% in FY 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • May 13Teac Corporation, Annual General Meeting, Jun 26, 2026Teac Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • May 10Teac Corporation to Report Fiscal Year 2026 Results on May 13, 2026Teac Corporation announced that they will report fiscal year 2026 results on May 13, 2026New Risk • Mar 31New major risk - Revenue and earnings growthEarnings have declined by 30% 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 30% per year over the past 5 years. Minor Risks High level of debt (51% net debt to equity). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (JP¥3.08b market cap, or US$19.3m).Upcoming Dividend • Mar 23Upcoming dividend of JP¥1.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 27 June 2026. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥112, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 1.4% over the past three years.分析記事 • Feb 15The Strong Earnings Posted By Teac (TSE:6803) Are A Good Indication Of The Strength Of The BusinessTeac Corporation ( TSE:6803 ) just reported healthy earnings but the stock price didn't move much. Investors are...Reported Earnings • Feb 09Third quarter 2026 earnings released: EPS: JP¥10.35 (vs JP¥0.45 in 3Q 2025)Third quarter 2026 results: EPS: JP¥10.35 (up from JP¥0.45 in 3Q 2025). Revenue: JP¥4.20b (down 2.4% from 3Q 2025). Net income: JP¥298.0m (up JP¥285.0m from 3Q 2025). Profit margin: 7.1% (up from 0.3% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.分析記事 • Feb 05There's No Escaping Teac Corporation's (TSE:6803) Muted Revenues Despite A 26% Share Price RiseThe Teac Corporation ( TSE:6803 ) share price has done very well over the last month, posting an excellent gain of 26...Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥117, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 14x in the Tech industry in Japan. Negligible returns to shareholders over past three years.分析記事 • Feb 04Returns On Capital At Teac (TSE:6803) Have Hit The BrakesIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Declared Dividend • Jan 08Dividend of JP¥1.00 announcedDividend of JP¥1.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 27th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has not increased over the past 4 years but payments have been stable during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jan 07Teac Corporation announces Annual dividend, payable on June 27, 2026Teac Corporation announced Annual dividend of JPY 1.0000 per share payable on June 27, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.Reported Earnings • Nov 09Second quarter 2026 earnings released: EPS: JP¥2.15 (vs JP¥1.70 in 2Q 2025)Second quarter 2026 results: EPS: JP¥2.15 (up from JP¥1.70 in 2Q 2025). Revenue: JP¥4.09b (up 12% from 2Q 2025). Net income: JP¥62.0m (up 27% from 2Q 2025). Profit margin: 1.5% (up from 1.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.New Risk • Oct 29New 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 5.3% 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 High level of debt (53% net debt to equity). Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥2.85b market cap, or US$18.7m).お知らせ • Oct 23Teac Corporation to Report Q2, 2026 Results on Nov 07, 2025Teac Corporation announced that they will report Q2, 2026 results on Nov 07, 2025Reported Earnings • Aug 10First quarter 2026 earnings released: JP¥9.17 loss per share (vs JP¥13.64 loss in 1Q 2025)First quarter 2026 results: JP¥9.17 loss per share (improved from JP¥13.64 loss in 1Q 2025). Revenue: JP¥3.15b (up 2.6% from 1Q 2025). Net loss: JP¥264.0m (loss narrowed 33% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.お知らせ • Jul 20Teac Corporation to Report Q1, 2026 Results on Aug 08, 2025Teac Corporation announced that they will report Q1, 2026 results on Aug 08, 2025分析記事 • May 21Subdued Growth No Barrier To Teac Corporation (TSE:6803) With Shares Advancing 39%Teac Corporation ( TSE:6803 ) shareholders would be excited to see that the share price has had a great month, posting...New Risk • May 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Market cap is less than US$100m (JP¥2.79b market cap, or US$19.4m).Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥95.00, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 12x in the Tech industry in Japan. Total loss to shareholders of 16% over the past three years.New Risk • May 18New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (JP¥2.22b market cap, or US$15.2m).お知らせ • May 14Teac Corporation, Annual General Meeting, Jun 26, 2025Teac Corporation, Annual General Meeting, Jun 26, 2025.お知らせ • Apr 23Teac Corporation to Report Fiscal Year 2025 Results on May 14, 2025Teac Corporation announced that they will report fiscal year 2025 results on May 14, 2025New Risk • Apr 04New 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 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥1.99b market cap, or US$13.7m).分析記事 • Apr 03Teac (TSE:6803) Could Be Struggling To Allocate CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Upcoming Dividend • Mar 21Upcoming dividend of JP¥1.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%).Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥0.45 (vs JP¥6.28 in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.45 (down from JP¥6.28 in 3Q 2024). Revenue: JP¥4.30b (up 11% from 3Q 2024). Net income: JP¥13.0m (down 93% from 3Q 2024). Profit margin: 0.3% (down from 4.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.分析記事 • Jan 28Is Teac (TSE:6803) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Jan 21Teac Corporation to Report Q3, 2025 Results on Feb 07, 2025Teac Corporation announced that they will report Q3, 2025 results on Feb 07, 2025Buy Or Sell Opportunity • Jan 20Now 24% overvaluedOver the last 90 days, the stock has fallen 12% to JP¥73.00. The fair value is estimated to be JP¥58.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥1.70 (vs JP¥1.11 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.70 (up from JP¥1.11 in 2Q 2024). Revenue: JP¥3.66b (down 7.9% from 2Q 2024). Net income: JP¥49.0m (up 53% from 2Q 2024). Profit margin: 1.3% (up from 0.8% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.お知らせ • Oct 04Teac Corporation to Report Q2, 2025 Results on Nov 08, 2024Teac Corporation announced that they will report Q2, 2025 results on Nov 08, 2024分析記事 • Aug 07Investors Give Teac Corporation (TSE:6803) Shares A 31% HidingTeac Corporation ( TSE:6803 ) shareholders won't be pleased to see that the share price has had a very rough month...分析記事 • Aug 06Teac's (TSE:6803) Returns On Capital Not Reflecting Well On The BusinessDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...お知らせ • Jul 23Teac Corporation to Report Q1, 2025 Results on Aug 09, 2024Teac Corporation announced that they will report Q1, 2025 results on Aug 09, 2024New Risk • Jul 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 6.4% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥3.63b market cap, or US$22.6m).Reported Earnings • Jun 26Full year 2024 earnings released: JP¥1.84 loss per share (vs JP¥10.59 profit in FY 2023)Full year 2024 results: JP¥1.84 loss per share (down from JP¥10.59 profit in FY 2023). Revenue: JP¥15.7b (flat on FY 2023). Net loss: JP¥53.0m (down 117% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • May 13Full year 2024 earnings released: JP¥1.84 loss per share (vs JP¥10.59 profit in FY 2023)Full year 2024 results: JP¥1.84 loss per share (down from JP¥10.59 profit in FY 2023). Revenue: JP¥15.7b (flat on FY 2023). Net loss: JP¥53.0m (down 117% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • May 12Teac Corporation, Annual General Meeting, Jun 21, 2024Teac Corporation, Annual General Meeting, Jun 21, 2024.お知らせ • Apr 24Teac Corporation to Report Fiscal Year 2024 Results on May 10, 2024Teac Corporation announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥1.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 27 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.5%).New Risk • Feb 16New major risk - Revenue and earnings growthEarnings have declined by 2.3% 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 2.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥2.71b market cap, or US$18.1m).Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: JP¥6.28 (vs JP¥5.21 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.28 (up from JP¥5.21 in 3Q 2023). Revenue: JP¥3.89b (flat on 3Q 2023). Net income: JP¥181.0m (up 21% from 3Q 2023). Profit margin: 4.7% (up from 3.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Feb 07Teac Corporation to Report Q3, 2024 Results on Feb 14, 2024Teac Corporation announced that they will report Q3, 2024 results on Feb 14, 2024Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥1.11 (vs JP¥4.86 in 2Q 2023)Second quarter 2024 results: EPS: JP¥1.11 (down from JP¥4.86 in 2Q 2023). Revenue: JP¥3.98b (down 1.7% from 2Q 2023). Net income: JP¥32.0m (down 77% from 2Q 2023). Profit margin: 0.8% (down from 3.5% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Oct 22Teac Corporation to Report Q2, 2024 Results on Nov 02, 2023Teac Corporation announced that they will report Q2, 2024 results on Nov 02, 2023Board Change • Aug 18Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Yoji Sakaguchi was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.09% Last year net profit margin: 2.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (0.09% net profit margin). Market cap is less than US$100m (JP¥3.28b market cap, or US$22.9m).Reported Earnings • Aug 09First quarter 2024 earnings released: JP¥13.89 loss per share (vs JP¥3.78 loss in 1Q 2023)First quarter 2024 results: JP¥13.89 loss per share (further deteriorated from JP¥3.78 loss in 1Q 2023). Revenue: JP¥3.35b (down 5.8% from 1Q 2023). Net loss: JP¥400.0m (loss widened 267% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Jul 24Teac Corporation to Report Q1, 2024 Results on Aug 04, 2023Teac Corporation announced that they will report Q1, 2024 results on Aug 04, 2023Reported Earnings • May 18Full year 2023 earnings released: EPS: JP¥10.59 (vs JP¥13.61 in FY 2022)Full year 2023 results: EPS: JP¥10.59 (down from JP¥13.61 in FY 2022). Revenue: JP¥15.7b (down 1.9% from FY 2022). Net income: JP¥305.0m (down 22% from FY 2022). Profit margin: 1.9% (down from 2.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • May 14Teac Corporation, Annual General Meeting, Jun 26, 2023Teac Corporation, Annual General Meeting, Jun 26, 2023.Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥5.21 (vs JP¥6.49 in 3Q 2022)Third quarter 2023 results: EPS: JP¥5.21 (down from JP¥6.49 in 3Q 2022). Revenue: JP¥3.88b (down 9.9% from 3Q 2022). Net income: JP¥150.0m (down 20% from 3Q 2022). Profit margin: 3.9% (down from 4.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • Jan 22Teac Corporation to Report Q3, 2023 Results on Feb 03, 2023Teac Corporation announced that they will report Q3, 2023 results on Feb 03, 2023Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥4.86 (vs JP¥7.29 in 2Q 2022)Second quarter 2023 results: EPS: JP¥4.86 (down from JP¥7.29 in 2Q 2022). Revenue: JP¥4.04b (flat on 2Q 2022). Net income: JP¥140.0m (down 33% from 2Q 2022). Profit margin: 3.5% (down from 5.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Oct 22Teac Corporation to Report Q2, 2023 Results on Nov 04, 2022Teac Corporation announced that they will report Q2, 2023 results on Nov 04, 2022Reported Earnings • Aug 07First quarter 2023 earnings released: JP¥3.78 loss per share (vs JP¥6.04 loss in 1Q 2022)First quarter 2023 results: JP¥3.78 loss per share (up from JP¥6.04 loss in 1Q 2022). Revenue: JP¥3.56b (up 9.0% from 1Q 2022). Net loss: JP¥109.0m (loss narrowed 37% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Board Change • Jul 31High number of new directorsManager of Intellectual Property & Legal Affairs Department & Independent Outside Director Kenji Hayashi was the last director to join the board, commencing their role in 2022.お知らせ • Jul 24Teac Corporation to Report Q1, 2023 Results on Aug 05, 2022Teac Corporation announced that they will report Q1, 2023 results on Aug 05, 2022Reported Earnings • Jun 22Full year 2022 earnings released: EPS: JP¥13.61 (vs JP¥10.45 in FY 2021)Full year 2022 results: EPS: JP¥13.61 (up from JP¥10.45 in FY 2021). Revenue: JP¥16.0b (up 9.7% from FY 2021). Net income: JP¥392.0m (up 30% from FY 2021). Profit margin: 2.4% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥13.61 (vs JP¥10.45 in FY 2021)Full year 2022 results: EPS: JP¥13.61 (up from JP¥10.45 in FY 2021). Revenue: JP¥16.0b (up 9.7% from FY 2021). Net income: JP¥392.0m (up 30% from FY 2021). Profit margin: 2.4% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • May 15Teac Corporation, Annual General Meeting, Jun 17, 2022Teac Corporation, Annual General Meeting, Jun 17, 2022.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). CFO & Executive Director Yoshihide Nomura was the last director to join the board, commencing their role in 2007. 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 • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥6.49 (down from JP¥16.87 in 3Q 2021). Revenue: JP¥4.30b (up 14% from 3Q 2021). Net income: JP¥187.0m (down 62% from 3Q 2021). Profit margin: 4.3% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥158, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 15x in the Tech industry in Japan. Total loss to shareholders of 42% over the past three years.Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥7.29 (vs JP¥5.17 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.01b (up 8.1% from 2Q 2021). Net income: JP¥210.0m (up 41% from 2Q 2021). Profit margin: 5.2% (up from 4.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 15First quarter 2022 earnings released: JP¥6.04 loss per share (vs JP¥8.89 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥3.26b (up 12% from 1Q 2021). Net loss: JP¥174.0m (loss narrowed 32% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.Reported Earnings • Jun 24Full year 2021 earnings released: EPS JP¥10.45 (vs JP¥0.94 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥14.6b (down 1.1% from FY 2020). Net income: JP¥301.0m (up JP¥274.0m from FY 2020). Profit margin: 2.1% (up from 0.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥10.45 (vs JP¥0.94 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥14.6b (down 1.1% from FY 2020). Net income: JP¥301.0m (up JP¥274.0m from FY 2020). Profit margin: 2.1% (up from 0.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥145, the stock is trading at a trailing P/E ratio of 6.7x, up from the previous P/E ratio of 5.8x. This compares to an average P/E of 18x in the Tech industry in Japan. Total return to shareholders over the past three years is a loss of 68%.Is New 90 Day High Low • Mar 03New 90-day high: JP¥140The company is up 33% from its price of JP¥105 on 03 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 13% over the same period.Reported Earnings • Feb 10Third quarter 2021 earnings released: EPS JP¥16.87 (vs JP¥0.97 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.79b (up 1.1% from 3Q 2020). Net income: JP¥486.0m (up JP¥514.0m from 3Q 2020). Profit margin: 13% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 30% share price gain to JP¥135, the stock is trading at a trailing P/E ratio of 37x, up from the previous P/E ratio of 28.5x. This compares to an average P/E of 17x in the Tech industry in Japan. Total return to shareholders over the past three years is a loss of 69%.Is New 90 Day High Low • Feb 08New 90-day high: JP¥135The company is up 16% from its price of JP¥116 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Tech industry, which is up 25% over the same period.お知らせ • Jan 31An unknown buyer acquired 9.7% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund.An unknown buyer acquired 9.7% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund on January 21, 2021. Under the transaction, Evo Fundamental Fund sold 2.8 million shares in Teac Corporation and will hold 6.6% stake post transaction. It The transfer is not expected to affect the business performance of Teac Corporation. An unknown buyer completed the acquisition of 9.7% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund on January 21, 2021.お知らせ • Jan 24Teac Corporation to Report Q3, 2021 Results on Feb 08, 2021Teac Corporation announced that they will report Q3, 2021 results on Feb 08, 2021Is New 90 Day High Low • Jan 04New 90-day low: JP¥102The company is down 20% from its price of JP¥128 on 06 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.Is New 90 Day High Low • Dec 01New 90-day low: JP¥104The company is down 6.0% from its price of JP¥111 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 9.0% over the same period.お知らせ • Aug 03Teac Corporation to Report Q1, 2021 Results on Aug 07, 2020Teac Corporation announced that they will report Q1, 2021 results on Aug 07, 2020お知らせ • Jul 30Global Acoustic Partners LLC completed the acquisition of 54.65% stake in Teac Corporation (TSE:6803) from Gibson Brands, Inc.Global Acoustic Partners LLC entered into a tender offer agreement to acquire 54.65% stake in Teac Corporation (TSE:6803) from Gibson Brands, Inc. for approximately ¥940 million on May 22, 2020. Under the terms of tender offer, Global Acoustic proposes to acquire 15.744 million share at the purchase price of ¥60 per share. The minimum and the maximum number of shares that will be acquired as part of the offer are 15,744,700 shares. The Board of Teac Corporation, at the board of directors meeting held on May 22, 2020, expressed an opinion to support the tender offer. In the tender offer, Teac Corporation, Gibson Brands and Gibson Holdings established a special committee. The tender offer will be open from May 25, 2020 till June 23, 2020. The final settlement date of tender offer is June 25, 2020. Mori Hamada & Matsumoto LPC acted as legal advisor and Harry Kalmanowicz and Alex Masters ofLincoln International LLC acted as financial advisor for Gibson Brands, Teac and KKR in the transaction. Phillip Securities Japan, Ltd. acted as tender offer agent in transaction. Global Acoustic Partners LLC completed the acquisition of 54.65% stake in Teac Corporation (TSE:6803) from Gibson Brands, Inc on June 23, 2020お知らせ • Jul 20An unknown buyer acquired 9.72% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund.An unknown buyer acquired 9.72% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund on July 7, 2020. The transaction resulted in a less than 50% ownership of voting rights of all shareholders of our Teac Corporation. An unknown buyer completed the acquisition of 9.72% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund on July 7, 2020.財務状況分析短期負債: 6803の 短期資産 ( ¥8.4B ) が 短期負債 ( ¥5.5B ) を超えています。長期負債: 6803の短期資産 ( ¥8.4B ) が 長期負債 ( ¥997.0M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 6803の 純負債対資本比率 ( 19.7% ) は 満足できる 水準であると考えられます。負債の削減: 6803の負債対資本比率は、過去 5 年間で163.1%から73.1%に減少しました。債務返済能力: 6803の負債は 営業キャッシュフロー によって 十分にカバー されています ( 54.1% )。インタレストカバレッジ: 6803の負債に対する 利息支払い は EBIT ( 10.7 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend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2026/05/24 04:26終値2026/05/22 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Teac Corporation 0 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。0
分析記事 • Jan 28Is Teac (TSE:6803) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • May 17Full year 2026 earnings released: EPS: JP¥20.07 (vs JP¥2.81 in FY 2025)Full year 2026 results: EPS: JP¥20.07 (up from JP¥2.81 in FY 2025). Revenue: JP¥15.9b (up 1.8% from FY 2025). Net income: JP¥578.0m (up JP¥497.0m from FY 2025). Profit margin: 3.6% (up from 0.5% in FY 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • May 13Teac Corporation, Annual General Meeting, Jun 26, 2026Teac Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • May 10Teac Corporation to Report Fiscal Year 2026 Results on May 13, 2026Teac Corporation announced that they will report fiscal year 2026 results on May 13, 2026
New Risk • Mar 31New major risk - Revenue and earnings growthEarnings have declined by 30% 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 30% per year over the past 5 years. Minor Risks High level of debt (51% net debt to equity). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (JP¥3.08b market cap, or US$19.3m).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥1.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 27 June 2026. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥112, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 1.4% over the past three years.
分析記事 • Feb 15The Strong Earnings Posted By Teac (TSE:6803) Are A Good Indication Of The Strength Of The BusinessTeac Corporation ( TSE:6803 ) just reported healthy earnings but the stock price didn't move much. Investors are...
Reported Earnings • Feb 09Third quarter 2026 earnings released: EPS: JP¥10.35 (vs JP¥0.45 in 3Q 2025)Third quarter 2026 results: EPS: JP¥10.35 (up from JP¥0.45 in 3Q 2025). Revenue: JP¥4.20b (down 2.4% from 3Q 2025). Net income: JP¥298.0m (up JP¥285.0m from 3Q 2025). Profit margin: 7.1% (up from 0.3% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
分析記事 • Feb 05There's No Escaping Teac Corporation's (TSE:6803) Muted Revenues Despite A 26% Share Price RiseThe Teac Corporation ( TSE:6803 ) share price has done very well over the last month, posting an excellent gain of 26...
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥117, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 14x in the Tech industry in Japan. Negligible returns to shareholders over past three years.
分析記事 • Feb 04Returns On Capital At Teac (TSE:6803) Have Hit The BrakesIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Declared Dividend • Jan 08Dividend of JP¥1.00 announcedDividend of JP¥1.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 27th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has not increased over the past 4 years but payments have been stable during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 07Teac Corporation announces Annual dividend, payable on June 27, 2026Teac Corporation announced Annual dividend of JPY 1.0000 per share payable on June 27, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.
Reported Earnings • Nov 09Second quarter 2026 earnings released: EPS: JP¥2.15 (vs JP¥1.70 in 2Q 2025)Second quarter 2026 results: EPS: JP¥2.15 (up from JP¥1.70 in 2Q 2025). Revenue: JP¥4.09b (up 12% from 2Q 2025). Net income: JP¥62.0m (up 27% from 2Q 2025). Profit margin: 1.5% (up from 1.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
New Risk • Oct 29New 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 5.3% 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 High level of debt (53% net debt to equity). Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥2.85b market cap, or US$18.7m).
お知らせ • Oct 23Teac Corporation to Report Q2, 2026 Results on Nov 07, 2025Teac Corporation announced that they will report Q2, 2026 results on Nov 07, 2025
Reported Earnings • Aug 10First quarter 2026 earnings released: JP¥9.17 loss per share (vs JP¥13.64 loss in 1Q 2025)First quarter 2026 results: JP¥9.17 loss per share (improved from JP¥13.64 loss in 1Q 2025). Revenue: JP¥3.15b (up 2.6% from 1Q 2025). Net loss: JP¥264.0m (loss narrowed 33% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 20Teac Corporation to Report Q1, 2026 Results on Aug 08, 2025Teac Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
分析記事 • May 21Subdued Growth No Barrier To Teac Corporation (TSE:6803) With Shares Advancing 39%Teac Corporation ( TSE:6803 ) shareholders would be excited to see that the share price has had a great month, posting...
New Risk • May 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Market cap is less than US$100m (JP¥2.79b market cap, or US$19.4m).
Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥95.00, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 12x in the Tech industry in Japan. Total loss to shareholders of 16% over the past three years.
New Risk • May 18New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (JP¥2.22b market cap, or US$15.2m).
お知らせ • May 14Teac Corporation, Annual General Meeting, Jun 26, 2025Teac Corporation, Annual General Meeting, Jun 26, 2025.
お知らせ • Apr 23Teac Corporation to Report Fiscal Year 2025 Results on May 14, 2025Teac Corporation announced that they will report fiscal year 2025 results on May 14, 2025
New Risk • Apr 04New 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 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥1.99b market cap, or US$13.7m).
分析記事 • Apr 03Teac (TSE:6803) Could Be Struggling To Allocate CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥1.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%).
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥0.45 (vs JP¥6.28 in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.45 (down from JP¥6.28 in 3Q 2024). Revenue: JP¥4.30b (up 11% from 3Q 2024). Net income: JP¥13.0m (down 93% from 3Q 2024). Profit margin: 0.3% (down from 4.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
分析記事 • Jan 28Is Teac (TSE:6803) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Jan 21Teac Corporation to Report Q3, 2025 Results on Feb 07, 2025Teac Corporation announced that they will report Q3, 2025 results on Feb 07, 2025
Buy Or Sell Opportunity • Jan 20Now 24% overvaluedOver the last 90 days, the stock has fallen 12% to JP¥73.00. The fair value is estimated to be JP¥58.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥1.70 (vs JP¥1.11 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.70 (up from JP¥1.11 in 2Q 2024). Revenue: JP¥3.66b (down 7.9% from 2Q 2024). Net income: JP¥49.0m (up 53% from 2Q 2024). Profit margin: 1.3% (up from 0.8% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 04Teac Corporation to Report Q2, 2025 Results on Nov 08, 2024Teac Corporation announced that they will report Q2, 2025 results on Nov 08, 2024
分析記事 • Aug 07Investors Give Teac Corporation (TSE:6803) Shares A 31% HidingTeac Corporation ( TSE:6803 ) shareholders won't be pleased to see that the share price has had a very rough month...
分析記事 • Aug 06Teac's (TSE:6803) Returns On Capital Not Reflecting Well On The BusinessDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
お知らせ • Jul 23Teac Corporation to Report Q1, 2025 Results on Aug 09, 2024Teac Corporation announced that they will report Q1, 2025 results on Aug 09, 2024
New Risk • Jul 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 6.4% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥3.63b market cap, or US$22.6m).
Reported Earnings • Jun 26Full year 2024 earnings released: JP¥1.84 loss per share (vs JP¥10.59 profit in FY 2023)Full year 2024 results: JP¥1.84 loss per share (down from JP¥10.59 profit in FY 2023). Revenue: JP¥15.7b (flat on FY 2023). Net loss: JP¥53.0m (down 117% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 13Full year 2024 earnings released: JP¥1.84 loss per share (vs JP¥10.59 profit in FY 2023)Full year 2024 results: JP¥1.84 loss per share (down from JP¥10.59 profit in FY 2023). Revenue: JP¥15.7b (flat on FY 2023). Net loss: JP¥53.0m (down 117% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • May 12Teac Corporation, Annual General Meeting, Jun 21, 2024Teac Corporation, Annual General Meeting, Jun 21, 2024.
お知らせ • Apr 24Teac Corporation to Report Fiscal Year 2024 Results on May 10, 2024Teac Corporation announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥1.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 27 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.5%).
New Risk • Feb 16New major risk - Revenue and earnings growthEarnings have declined by 2.3% 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 2.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥2.71b market cap, or US$18.1m).
Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: JP¥6.28 (vs JP¥5.21 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.28 (up from JP¥5.21 in 3Q 2023). Revenue: JP¥3.89b (flat on 3Q 2023). Net income: JP¥181.0m (up 21% from 3Q 2023). Profit margin: 4.7% (up from 3.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 07Teac Corporation to Report Q3, 2024 Results on Feb 14, 2024Teac Corporation announced that they will report Q3, 2024 results on Feb 14, 2024
Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥1.11 (vs JP¥4.86 in 2Q 2023)Second quarter 2024 results: EPS: JP¥1.11 (down from JP¥4.86 in 2Q 2023). Revenue: JP¥3.98b (down 1.7% from 2Q 2023). Net income: JP¥32.0m (down 77% from 2Q 2023). Profit margin: 0.8% (down from 3.5% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 22Teac Corporation to Report Q2, 2024 Results on Nov 02, 2023Teac Corporation announced that they will report Q2, 2024 results on Nov 02, 2023
Board Change • Aug 18Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Yoji Sakaguchi was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.09% Last year net profit margin: 2.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (0.09% net profit margin). Market cap is less than US$100m (JP¥3.28b market cap, or US$22.9m).
Reported Earnings • Aug 09First quarter 2024 earnings released: JP¥13.89 loss per share (vs JP¥3.78 loss in 1Q 2023)First quarter 2024 results: JP¥13.89 loss per share (further deteriorated from JP¥3.78 loss in 1Q 2023). Revenue: JP¥3.35b (down 5.8% from 1Q 2023). Net loss: JP¥400.0m (loss widened 267% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Jul 24Teac Corporation to Report Q1, 2024 Results on Aug 04, 2023Teac Corporation announced that they will report Q1, 2024 results on Aug 04, 2023
Reported Earnings • May 18Full year 2023 earnings released: EPS: JP¥10.59 (vs JP¥13.61 in FY 2022)Full year 2023 results: EPS: JP¥10.59 (down from JP¥13.61 in FY 2022). Revenue: JP¥15.7b (down 1.9% from FY 2022). Net income: JP¥305.0m (down 22% from FY 2022). Profit margin: 1.9% (down from 2.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • May 14Teac Corporation, Annual General Meeting, Jun 26, 2023Teac Corporation, Annual General Meeting, Jun 26, 2023.
Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥5.21 (vs JP¥6.49 in 3Q 2022)Third quarter 2023 results: EPS: JP¥5.21 (down from JP¥6.49 in 3Q 2022). Revenue: JP¥3.88b (down 9.9% from 3Q 2022). Net income: JP¥150.0m (down 20% from 3Q 2022). Profit margin: 3.9% (down from 4.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • Jan 22Teac Corporation to Report Q3, 2023 Results on Feb 03, 2023Teac Corporation announced that they will report Q3, 2023 results on Feb 03, 2023
Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥4.86 (vs JP¥7.29 in 2Q 2022)Second quarter 2023 results: EPS: JP¥4.86 (down from JP¥7.29 in 2Q 2022). Revenue: JP¥4.04b (flat on 2Q 2022). Net income: JP¥140.0m (down 33% from 2Q 2022). Profit margin: 3.5% (down from 5.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Oct 22Teac Corporation to Report Q2, 2023 Results on Nov 04, 2022Teac Corporation announced that they will report Q2, 2023 results on Nov 04, 2022
Reported Earnings • Aug 07First quarter 2023 earnings released: JP¥3.78 loss per share (vs JP¥6.04 loss in 1Q 2022)First quarter 2023 results: JP¥3.78 loss per share (up from JP¥6.04 loss in 1Q 2022). Revenue: JP¥3.56b (up 9.0% from 1Q 2022). Net loss: JP¥109.0m (loss narrowed 37% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Board Change • Jul 31High number of new directorsManager of Intellectual Property & Legal Affairs Department & Independent Outside Director Kenji Hayashi was the last director to join the board, commencing their role in 2022.
お知らせ • Jul 24Teac Corporation to Report Q1, 2023 Results on Aug 05, 2022Teac Corporation announced that they will report Q1, 2023 results on Aug 05, 2022
Reported Earnings • Jun 22Full year 2022 earnings released: EPS: JP¥13.61 (vs JP¥10.45 in FY 2021)Full year 2022 results: EPS: JP¥13.61 (up from JP¥10.45 in FY 2021). Revenue: JP¥16.0b (up 9.7% from FY 2021). Net income: JP¥392.0m (up 30% from FY 2021). Profit margin: 2.4% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥13.61 (vs JP¥10.45 in FY 2021)Full year 2022 results: EPS: JP¥13.61 (up from JP¥10.45 in FY 2021). Revenue: JP¥16.0b (up 9.7% from FY 2021). Net income: JP¥392.0m (up 30% from FY 2021). Profit margin: 2.4% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • May 15Teac Corporation, Annual General Meeting, Jun 17, 2022Teac Corporation, Annual General Meeting, Jun 17, 2022.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). CFO & Executive Director Yoshihide Nomura was the last director to join the board, commencing their role in 2007. 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 • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥6.49 (down from JP¥16.87 in 3Q 2021). Revenue: JP¥4.30b (up 14% from 3Q 2021). Net income: JP¥187.0m (down 62% from 3Q 2021). Profit margin: 4.3% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥158, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 15x in the Tech industry in Japan. Total loss to shareholders of 42% over the past three years.
Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥7.29 (vs JP¥5.17 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.01b (up 8.1% from 2Q 2021). Net income: JP¥210.0m (up 41% from 2Q 2021). Profit margin: 5.2% (up from 4.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 15First quarter 2022 earnings released: JP¥6.04 loss per share (vs JP¥8.89 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥3.26b (up 12% from 1Q 2021). Net loss: JP¥174.0m (loss narrowed 32% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Jun 24Full year 2021 earnings released: EPS JP¥10.45 (vs JP¥0.94 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥14.6b (down 1.1% from FY 2020). Net income: JP¥301.0m (up JP¥274.0m from FY 2020). Profit margin: 2.1% (up from 0.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥10.45 (vs JP¥0.94 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥14.6b (down 1.1% from FY 2020). Net income: JP¥301.0m (up JP¥274.0m from FY 2020). Profit margin: 2.1% (up from 0.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥145, the stock is trading at a trailing P/E ratio of 6.7x, up from the previous P/E ratio of 5.8x. This compares to an average P/E of 18x in the Tech industry in Japan. Total return to shareholders over the past three years is a loss of 68%.
Is New 90 Day High Low • Mar 03New 90-day high: JP¥140The company is up 33% from its price of JP¥105 on 03 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 13% over the same period.
Reported Earnings • Feb 10Third quarter 2021 earnings released: EPS JP¥16.87 (vs JP¥0.97 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.79b (up 1.1% from 3Q 2020). Net income: JP¥486.0m (up JP¥514.0m from 3Q 2020). Profit margin: 13% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 30% share price gain to JP¥135, the stock is trading at a trailing P/E ratio of 37x, up from the previous P/E ratio of 28.5x. This compares to an average P/E of 17x in the Tech industry in Japan. Total return to shareholders over the past three years is a loss of 69%.
Is New 90 Day High Low • Feb 08New 90-day high: JP¥135The company is up 16% from its price of JP¥116 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Tech industry, which is up 25% over the same period.
お知らせ • Jan 31An unknown buyer acquired 9.7% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund.An unknown buyer acquired 9.7% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund on January 21, 2021. Under the transaction, Evo Fundamental Fund sold 2.8 million shares in Teac Corporation and will hold 6.6% stake post transaction. It The transfer is not expected to affect the business performance of Teac Corporation. An unknown buyer completed the acquisition of 9.7% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund on January 21, 2021.
お知らせ • Jan 24Teac Corporation to Report Q3, 2021 Results on Feb 08, 2021Teac Corporation announced that they will report Q3, 2021 results on Feb 08, 2021
Is New 90 Day High Low • Jan 04New 90-day low: JP¥102The company is down 20% from its price of JP¥128 on 06 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period.
Is New 90 Day High Low • Dec 01New 90-day low: JP¥104The company is down 6.0% from its price of JP¥111 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 9.0% over the same period.
お知らせ • Aug 03Teac Corporation to Report Q1, 2021 Results on Aug 07, 2020Teac Corporation announced that they will report Q1, 2021 results on Aug 07, 2020
お知らせ • Jul 30Global Acoustic Partners LLC completed the acquisition of 54.65% stake in Teac Corporation (TSE:6803) from Gibson Brands, Inc.Global Acoustic Partners LLC entered into a tender offer agreement to acquire 54.65% stake in Teac Corporation (TSE:6803) from Gibson Brands, Inc. for approximately ¥940 million on May 22, 2020. Under the terms of tender offer, Global Acoustic proposes to acquire 15.744 million share at the purchase price of ¥60 per share. The minimum and the maximum number of shares that will be acquired as part of the offer are 15,744,700 shares. The Board of Teac Corporation, at the board of directors meeting held on May 22, 2020, expressed an opinion to support the tender offer. In the tender offer, Teac Corporation, Gibson Brands and Gibson Holdings established a special committee. The tender offer will be open from May 25, 2020 till June 23, 2020. The final settlement date of tender offer is June 25, 2020. Mori Hamada & Matsumoto LPC acted as legal advisor and Harry Kalmanowicz and Alex Masters ofLincoln International LLC acted as financial advisor for Gibson Brands, Teac and KKR in the transaction. Phillip Securities Japan, Ltd. acted as tender offer agent in transaction. Global Acoustic Partners LLC completed the acquisition of 54.65% stake in Teac Corporation (TSE:6803) from Gibson Brands, Inc on June 23, 2020
お知らせ • Jul 20An unknown buyer acquired 9.72% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund.An unknown buyer acquired 9.72% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund on July 7, 2020. The transaction resulted in a less than 50% ownership of voting rights of all shareholders of our Teac Corporation. An unknown buyer completed the acquisition of 9.72% stake in Teac Corporation (TSE:6803) from Evo Fundamental Fund on July 7, 2020.