View Future GrowthFuruno Electric 過去の業績過去 基準チェック /56Furuno Electricは、平均年間40.5%の収益成長を遂げていますが、 Electronic業界の収益は、年間 成長しています。収益は、平均年間9.4% 12.3%収益成長率で 成長しています。 Furuno Electricの自己資本利益率は18.7%であり、純利益率は11.9%です。主要情報40.49%収益成長率40.44%EPS成長率Electronic 業界の成長13.80%収益成長率12.30%株主資本利益率18.69%ネット・マージン11.90%次回の業績アップデート10 Jul 2026最近の業績更新お知らせ • May 27+ 2 more updatesFuruno Electric Co., Ltd. to Report Q1, 2027 Results on Jul 10, 2026Furuno Electric Co., Ltd. announced that they will report Q1, 2027 results on Jul 10, 2026Reported Earnings • Apr 10Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥530 (up from JP¥363 in FY 2025). Revenue: JP¥140.6b (up 11% from FY 2025). Net income: JP¥16.7b (up 46% from FY 2025). Profit margin: 12% (up from 9.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.4%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 02Furuno Electric Co., Ltd. to Report Fiscal Year 2026 Results on Apr 09, 2026Furuno Electric Co., Ltd. announced that they will report fiscal year 2026 results on Apr 09, 2026Reported Earnings • Jan 10Third quarter 2026 earnings released: EPS: JP¥98.71 (vs JP¥110 in 3Q 2025)Third quarter 2026 results: EPS: JP¥98.71 (down from JP¥110 in 3Q 2025). Revenue: JP¥34.1b (up 11% from 3Q 2025). Net income: JP¥3.12b (down 10% from 3Q 2025). Profit margin: 9.1% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Oct 11Second quarter 2026 earnings released: EPS: JP¥211 (vs JP¥120 in 2Q 2025)Second quarter 2026 results: EPS: JP¥211 (up from JP¥120 in 2Q 2025). Revenue: JP¥37.4b (up 8.0% from 2Q 2025). Net income: JP¥6.66b (up 76% from 2Q 2025). Profit margin: 18% (up from 11% in 2Q 2025). Revenue is forecast to grow 1.5% p.a. on average 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 increased by 72% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jul 11First quarter 2026 earnings released: EPS: JP¥112 (vs JP¥40.52 in 1Q 2025)First quarter 2026 results: EPS: JP¥112 (up from JP¥40.52 in 1Q 2025). Revenue: JP¥31.3b (up 11% from 1Q 2025). Net income: JP¥3.53b (up 176% from 1Q 2025). Profit margin: 11% (up from 4.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average 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 increased by 70% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesDeclared Dividend • Jun 12Final dividend increased to JP¥80.00Dividend of JP¥80.00 is 6.7% higher than last year. Ex-date: 28th August 2026 Payment date: 11th November 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 35% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 27+ 2 more updatesFuruno Electric Co., Ltd. to Report Q1, 2027 Results on Jul 10, 2026Furuno Electric Co., Ltd. announced that they will report Q1, 2027 results on Jul 10, 2026Board Change • May 25Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent External Director Masako Kubo was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 10Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥530 (up from JP¥363 in FY 2025). Revenue: JP¥140.6b (up 11% from FY 2025). Net income: JP¥16.7b (up 46% from FY 2025). Profit margin: 12% (up from 9.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.4%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 09Furuno Electric Co., Ltd., Annual General Meeting, May 21, 2026Furuno Electric Co., Ltd., Annual General Meeting, May 21, 2026.お知らせ • Apr 02Furuno Electric Co., Ltd. to Report Fiscal Year 2026 Results on Apr 09, 2026Furuno Electric Co., Ltd. announced that they will report fiscal year 2026 results on Apr 09, 2026Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥6,730, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 663% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,946 per share.Upcoming Dividend • Feb 19Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 25 May 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).分析記事 • Feb 12Should You Be Adding Furuno Electric (TSE:6814) To Your Watchlist Today?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...分析記事 • Jan 25Furuno Electric (TSE:6814) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Jan 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥7,370, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 782% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,806 per share.New Risk • Jan 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Jan 10Third quarter 2026 earnings released: EPS: JP¥98.71 (vs JP¥110 in 3Q 2025)Third quarter 2026 results: EPS: JP¥98.71 (down from JP¥110 in 3Q 2025). Revenue: JP¥34.1b (up 11% from 3Q 2025). Net income: JP¥3.12b (down 10% from 3Q 2025). Profit margin: 9.1% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Dec 29Furuno Electric (TSE:6814) Is Doing The Right Things To Multiply Its Share PriceThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Declared Dividend • Nov 12First half dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 26th February 2026 Payment date: 25th May 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 9.9% over the next 3 years. However, it would need to fall by 68% to increase the payout ratio to a potentially unsustainable range.分析記事 • Nov 06Here's Why We Think Furuno Electric (TSE:6814) Is Well Worth WatchingIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥9,310, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 910% over the past three years.Major Estimate Revision • Oct 19Consensus EPS estimates increase by 64%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥129.0b to JP¥140.0b. EPS estimate increased from JP¥309 to JP¥506 per share. Net income forecast to shrink 18% next year vs 16% growth forecast for Electronic industry in Japan . Consensus price target of JP¥5,950 unchanged from last update. Share price rose 12% to JP¥8,090 over the past week.分析記事 • Oct 18Furuno Electric Co., Ltd.'s (TSE:6814) 54% Share Price Surge Not Quite Adding UpFuruno Electric Co., Ltd. ( TSE:6814 ) shares have continued their recent momentum with a 54% gain in the last month...Reported Earnings • Oct 11Second quarter 2026 earnings released: EPS: JP¥211 (vs JP¥120 in 2Q 2025)Second quarter 2026 results: EPS: JP¥211 (up from JP¥120 in 2Q 2025). Revenue: JP¥37.4b (up 8.0% from 2Q 2025). Net income: JP¥6.66b (up 76% from 2Q 2025). Profit margin: 18% (up from 11% in 2Q 2025). Revenue is forecast to grow 1.5% p.a. on average 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 increased by 72% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 06New 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 8.5% 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 (8.5% average weekly change). Earnings are forecast to decline by an average of 9.6% per year for the foreseeable future.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥6,600, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 550% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,003 per share.分析記事 • Sep 30Here's Why Furuno Electric (TSE:6814) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Sep 03Furuno Electric Co., Ltd. (TSE:6814) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedFuruno Electric Co., Ltd. ( TSE:6814 ) shares have continued their recent momentum with a 27% gain in the last month...Upcoming Dividend • Aug 21Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 13 November 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).Buy Or Sell Opportunity • Aug 15Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 91% to JP¥4,975. The fair value is estimated to be JP¥4,082, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 70%. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to decline by 26% in the next 2 years.分析記事 • Aug 03Here's Why Furuno Electric (TSE:6814) Has Caught The Eye Of InvestorsFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Jul 20Improved Earnings Required Before Furuno Electric Co., Ltd. (TSE:6814) Stock's 32% Jump Looks JustifiedFuruno Electric Co., Ltd. ( TSE:6814 ) shares have continued their recent momentum with a 32% gain in the last month...分析記事 • Jul 17Furuno Electric (TSE:6814) Is Due To Pay A Dividend Of ¥55.00Furuno Electric Co., Ltd. ( TSE:6814 ) will pay a dividend of ¥55.00 on the 13th of November. This will take the annual...New Risk • Jul 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% 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 10% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change).Reported Earnings • Jul 11First quarter 2026 earnings released: EPS: JP¥112 (vs JP¥40.52 in 1Q 2025)First quarter 2026 results: EPS: JP¥112 (up from JP¥40.52 in 1Q 2025). Revenue: JP¥31.3b (up 11% from 1Q 2025). Net income: JP¥3.53b (up 176% from 1Q 2025). Profit margin: 11% (up from 4.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average 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 increased by 70% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,745, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 314% over the past three years.分析記事 • Jun 18Furuno Electric (TSE:6814) Is Due To Pay A Dividend Of ¥55.00Furuno Electric Co., Ltd. ( TSE:6814 ) will pay a dividend of ¥55.00 on the 13th of November. This will take the annual...Declared Dividend • Jun 18Final dividend increased to JP¥55.00Dividend of JP¥55.00 is 57% higher than last year. Ex-date: 28th August 2025 Payment date: 13th November 2025 Dividend yield will be 4.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 17% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range.分析記事 • May 30We Like These Underlying Return On Capital Trends At Furuno Electric (TSE:6814)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • May 01Furuno Electric (TSE:6814) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Apr 10+ 2 more updatesFuruno Electric Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2025 and Full Year Ending February 28, 2026Furuno Electric Co., Ltd. provided consolidated earnings guidance for the six Months Ending August 31, 2025 and Full Year Ending February 28, 2026. For the six months the company expected Net sales of JPY 64,500 million, Operating profit of JPY 6,500 million, Profit attributable to owners of parent of JPY 5,000 million and Basic earnings per share of JPY 158.24. For the Full year, the company expected Net sales of JPY 127,500 million, Operating profit of JPY 11,500 million, Profit attributable to owners of parent of JPY 9,000 million and Basic earnings per share of JPY 284.86.Reported Earnings • Apr 10Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥363 (up from JP¥198 in FY 2024). Revenue: JP¥127.0b (up 11% from FY 2024). Net income: JP¥11.5b (up 84% from FY 2024). Profit margin: 9.0% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to stay flat during the next 2 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 63% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Apr 10Now 22% overvaluedOver the last 90 days, the stock has fallen 4.2% to JP¥2,348. The fair value is estimated to be JP¥1,926, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 63%. Revenue is forecast to decline by 1.5% in 2 years. Earnings are forecast to decline by 21% in the next 2 years.お知らせ • Apr 09+ 1 more updateFuruno Electric Co., Ltd., Annual General Meeting, May 22, 2025Furuno Electric Co., Ltd., Annual General Meeting, May 22, 2025.New Risk • Apr 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 8.5% 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 Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥2,119, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 136% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,923 per share.分析記事 • Apr 02Lacklustre Performance Is Driving Furuno Electric Co., Ltd.'s (TSE:6814) Low P/EWith a price-to-earnings (or "P/E") ratio of 8.9x Furuno Electric Co., Ltd. ( TSE:6814 ) may be sending bullish signals...Buy Or Sell Opportunity • Feb 27Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to JP¥2,231. The fair value is estimated to be JP¥1,856, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to decline by 0.1% in 2 years. Earnings are forecast to grow by 3.3% in the next 2 years.Upcoming Dividend • Feb 20Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 26 May 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).お知らせ • Feb 14+ 3 more updatesFuruno Electric Co., Ltd. to Report Fiscal Year 2025 Results on Apr 09, 2025Furuno Electric Co., Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Apr 09, 2025Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥110 (vs JP¥90.19 in 3Q 2024)Third quarter 2025 results: EPS: JP¥110 (up from JP¥90.19 in 3Q 2024). Revenue: JP¥30.8b (up 4.5% from 3Q 2024). Net income: JP¥3.47b (up 22% from 3Q 2024). Profit margin: 11% (up from 9.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Electronic industry in Japan are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 14Furuno Electric (TSE:6814) Is Due To Pay A Dividend Of ¥40.00The board of Furuno Electric Co., Ltd. ( TSE:6814 ) has announced that it will pay a dividend on the 26th of May, with...Declared Dividend • Nov 14First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 27th February 2025 Payment date: 26th May 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 35% over the next 3 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.分析記事 • Oct 20Furuno Electric Co., Ltd. (TSE:6814) Shares Fly 34% But Investors Aren't Buying For GrowthFuruno Electric Co., Ltd. ( TSE:6814 ) shareholders would be excited to see that the share price has had a great month...Reported Earnings • Oct 18Second quarter 2025 earnings released: EPS: JP¥120 (vs JP¥67.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥120 (up from JP¥67.74 in 2Q 2024). Revenue: JP¥34.6b (up 19% from 2Q 2024). Net income: JP¥3.79b (up 77% from 2Q 2024). Profit margin: 11% (up from 7.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electronic industry in Japan are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥2,105, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 86% over the past three years.Upcoming Dividend • Aug 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 11 November 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,591, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥809 per share.分析記事 • Aug 05Investors Don't See Light At End Of Furuno Electric Co., Ltd.'s (TSE:6814) Tunnel And Push Stock Down 39%The Furuno Electric Co., Ltd. ( TSE:6814 ) share price has fared very poorly over the last month, falling by a...Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,991, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 99% over the past three years.Reported Earnings • Jul 18First quarter 2025 earnings released: EPS: JP¥40.52 (vs JP¥36.15 in 1Q 2024)First quarter 2025 results: EPS: JP¥40.52 (up from JP¥36.15 in 1Q 2024). Revenue: JP¥28.2b (up 18% from 1Q 2024). Net income: JP¥1.28b (up 12% from 1Q 2024). Profit margin: 4.5% (down from 4.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.0% p.a. on average during the next 3 years, while revenues in the Electronic industry in Japan are expected to grow by 7.3%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jul 10Now 21% overvaluedOver the last 90 days, the stock has fallen 2.2% to JP¥2,373. The fair value is estimated to be JP¥1,962, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.05% per annum. Earnings are forecast to decline by 14% per annum over the same time period.Buy Or Sell Opportunity • Jun 10Now 23% overvaluedOver the last 90 days, the stock has fallen 5.4% to JP¥2,124. The fair value is estimated to be JP¥1,726, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.05% per annum. Earnings are forecast to decline by 14% per annum over the same time period.Declared Dividend • Jun 06Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th August 2024 Payment date: 11th November 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 37% over the next 3 years. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range.Buy Or Sell Opportunity • May 21Now 20% overvaluedOver the last 90 days, the stock has fallen 5.8% to JP¥2,041. The fair value is estimated to be JP¥1,696, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.05% per annum. Earnings are forecast to decline by 14% per annum over the same time period.Buy Or Sell Opportunity • Apr 30Now 23% overvaluedOver the last 90 days, the stock has fallen 1.3% to JP¥2,103. The fair value is estimated to be JP¥1,704, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.05% per annum. Earnings are forecast to decline by 14% per annum over the same time period.Major Estimate Revision • Apr 24Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from JP¥111.0b to JP¥112.5b. EPS estimate fell from JP¥171 to JP¥143 per share. Net income forecast to shrink 28% next year vs 8.6% growth forecast for Electronic industry in Japan . Consensus price target of JP¥1,900 unchanged from last update. Share price rose 15% to JP¥1,948 over the past week.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,826, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,686 per share.お知らせ • Apr 17Furuno Electric Co., Ltd., Annual General Meeting, May 23, 2024Furuno Electric Co., Ltd., Annual General Meeting, May 23, 2024.New Risk • Apr 17New 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 8.6% 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 (8.6% average weekly change). Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥198 (up from JP¥42.72 in FY 2023). Revenue: JP¥114.9b (up 26% from FY 2023). Net income: JP¥6.24b (up 363% from FY 2023). Profit margin: 5.4% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to stay flat during the next 2 years compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Feb 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).お知らせ • Feb 16+ 3 more updatesFuruno Electric Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2024Furuno Electric Co., Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2024Buy Or Sell Opportunity • Feb 08Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to JP¥2,121. The fair value is estimated to be JP¥1,726, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has declined by 5.8%. Revenue is forecast to grow by 3.4% in 2 years. Earnings are forecast to decline by 11% in the next 2 years.Major Estimate Revision • Jan 22Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥156 to JP¥171. Revenue forecast steady at JP¥109.0b. Net income forecast to shrink 13% next year vs 9.2% growth forecast for Electronic industry in Japan . Consensus price target of JP¥1,900 unchanged from last update. Share price rose 14% to JP¥2,156 over the past week.New Risk • Jan 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.0% 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 6.0% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change).Reported Earnings • Jan 16Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥90.19 (up from JP¥8.27 loss in 3Q 2023). Revenue: JP¥29.5b (up 37% from 3Q 2023). Net income: JP¥2.85b (up JP¥3.11b from 3Q 2023). Profit margin: 9.7% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.New Risk • Dec 08New 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. This is currently the only risk that has been identified for the company.Major Estimate Revision • Oct 23Consensus EPS estimates increase by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥100.0b to JP¥105.0b. EPS estimate increased from JP¥91.35 to JP¥120 per share. Net income forecast to grow 19% next year vs 5.3% growth forecast for Electronic industry in Japan. Consensus price target of JP¥1,450 unchanged from last update. Share price rose 13% to JP¥1,630 over the past week.Reported Earnings • Oct 18Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥67.74 (up from JP¥33.31 in 2Q 2023). Revenue: JP¥29.2b (up 31% from 2Q 2023). Net income: JP¥2.14b (up 103% from 2Q 2023). Profit margin: 7.3% (up from 4.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 101%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 23Upcoming dividend of JP¥10.00 per share at 1.6% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%).Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,208, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥811 per share.New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change).Reported Earnings • Jul 16First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥36.15 (up from JP¥15.41 in 1Q 2023). Revenue: JP¥23.9b (up 13% from 1Q 2023). Net income: JP¥1.14b (up 135% from 1Q 2023). Profit margin: 4.8% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 4.6% 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 fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • May 30Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥42.72 (down from JP¥89.23 in FY 2022). Revenue: JP¥91.3b (up 7.7% from FY 2022). Net income: JP¥1.35b (down 52% from FY 2022). Profit margin: 1.5% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to grow 5.2% 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 fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Major Estimate Revision • Apr 22Consensus EPS estimates fall by 19%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥91.0b to JP¥100.0b. EPS estimate fell from JP¥78.15 to JP¥63.40 per share. Net income forecast to grow 48% next year vs 5.8% growth forecast for Electronic industry in Japan. Consensus price target of JP¥1,200 unchanged from last update. Share price fell 6.4% to JP¥901 over the past week.Reported Earnings • Apr 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥42.72 (down from JP¥89.23 in FY 2022). Revenue: JP¥91.3b (up 7.7% from FY 2022). Net income: JP¥1.35b (down 52% from FY 2022). Profit margin: 1.5% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Feb 20Upcoming dividend of JP¥15.00 per share at 2.1% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).お知らせ • Feb 12+ 2 more updatesFuruno Electric Co., Ltd. to Report Q2, 2024 Results on Oct 16, 2023Furuno Electric Co., Ltd. announced that they will report Q2, 2024 results on Oct 16, 2023Reported Earnings • Jan 17Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: JP¥8.27 loss per share (improved from JP¥18.20 loss in 3Q 2022). Revenue: JP¥21.6b (up 11% from 3Q 2022). Net loss: JP¥261.0m (loss narrowed 55% from 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.6% p.a. on average 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 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.収支内訳Furuno Electric の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:6814 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費28 Feb 26140,61616,73534,5296,01430 Nov 25136,10916,22941,357031 Aug 25132,80516,58033,0226,30331 May 25130,05313,70840,524028 Feb 25126,95311,45731,9266,30330 Nov 24125,9448,64731,7385,98731 Aug 24124,6298,02530,7705,98731 May 24119,1946,37729,5485,98729 Feb 24114,8506,23828,6945,98730 Nov 23108,8526,20127,9245,69431 Aug 23100,9223,09127,1225,69431 May 2393,9722,00326,4625,69428 Feb 2391,3251,34825,8735,69430 Nov 2287,1491,82025,2355,45831 Aug 2285,0691,50724,3175,45831 May 2285,1512,26223,5555,45828 Feb 2284,7832,81422,5305,45830 Nov 2184,4503,47822,2245,30331 Aug 2186,1205,24421,8345,30331 May 2184,9494,92221,1825,30328 Feb 2182,2553,94620,6975,30330 Nov 2080,9022,20324,9611,09031 Aug 2079,3001,39923,2042,03231 May 2080,5571,20621,9233,03629 Feb 2083,0662,04120,8134,26630 Nov 1984,9613,27321,0674,51031 Aug 1983,9962,93121,3134,63631 May 1982,4473,05421,4214,81228 Feb 1982,1084,02621,3584,70730 Nov 1879,8922,97821,4384,59731 Aug 1880,6583,15921,1974,68731 May 1880,1943,00421,0184,63928 Feb 1879,0501,23620,7974,47030 Nov 1778,1981,03720,2904,38631 Aug 1776,53570319,8734,28031 May 1777,66587219,8044,26628 Feb 1778,6741,26219,7814,25330 Nov 1682,1271,74620,2684,20731 Aug 1685,6293,09420,5304,47531 May 1687,3231,73820,7224,53729 Feb 1689,7202,62421,0174,78630 Nov 1590,172-46420,7854,91431 Aug 1590,230-91421,2944,757質の高い収益: 6814は 高品質の収益 を持っています。利益率の向上: 6814の現在の純利益率 (11.9%)は、昨年(9%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6814の収益は過去 5 年間で年間40.5%増加しました。成長の加速: 6814の過去 1 年間の収益成長率 ( 46.1% ) は、5 年間の平均 ( 年間40.5%を上回っています。収益対業界: 6814の過去 1 年間の収益成長率 ( 46.1% ) はElectronic業界15.2%を上回りました。株主資本利益率高いROE: 6814の 自己資本利益率 ( 18.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health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2026/06/16 23:05終値2026/06/16 00:00収益2026/02/28年間収益2026/02/28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Furuno Electric Co., Ltd. 3 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。8 アナリスト機関null nullDaiwa Securities Co. Ltd.Jiro KojimaDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.5 その他のアナリストを表示
お知らせ • May 27+ 2 more updatesFuruno Electric Co., Ltd. to Report Q1, 2027 Results on Jul 10, 2026Furuno Electric Co., Ltd. announced that they will report Q1, 2027 results on Jul 10, 2026
Reported Earnings • Apr 10Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥530 (up from JP¥363 in FY 2025). Revenue: JP¥140.6b (up 11% from FY 2025). Net income: JP¥16.7b (up 46% from FY 2025). Profit margin: 12% (up from 9.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.4%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 02Furuno Electric Co., Ltd. to Report Fiscal Year 2026 Results on Apr 09, 2026Furuno Electric Co., Ltd. announced that they will report fiscal year 2026 results on Apr 09, 2026
Reported Earnings • Jan 10Third quarter 2026 earnings released: EPS: JP¥98.71 (vs JP¥110 in 3Q 2025)Third quarter 2026 results: EPS: JP¥98.71 (down from JP¥110 in 3Q 2025). Revenue: JP¥34.1b (up 11% from 3Q 2025). Net income: JP¥3.12b (down 10% from 3Q 2025). Profit margin: 9.1% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Oct 11Second quarter 2026 earnings released: EPS: JP¥211 (vs JP¥120 in 2Q 2025)Second quarter 2026 results: EPS: JP¥211 (up from JP¥120 in 2Q 2025). Revenue: JP¥37.4b (up 8.0% from 2Q 2025). Net income: JP¥6.66b (up 76% from 2Q 2025). Profit margin: 18% (up from 11% in 2Q 2025). Revenue is forecast to grow 1.5% p.a. on average 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 increased by 72% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jul 11First quarter 2026 earnings released: EPS: JP¥112 (vs JP¥40.52 in 1Q 2025)First quarter 2026 results: EPS: JP¥112 (up from JP¥40.52 in 1Q 2025). Revenue: JP¥31.3b (up 11% from 1Q 2025). Net income: JP¥3.53b (up 176% from 1Q 2025). Profit margin: 11% (up from 4.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average 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 increased by 70% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jun 12Final dividend increased to JP¥80.00Dividend of JP¥80.00 is 6.7% higher than last year. Ex-date: 28th August 2026 Payment date: 11th November 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 35% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 27+ 2 more updatesFuruno Electric Co., Ltd. to Report Q1, 2027 Results on Jul 10, 2026Furuno Electric Co., Ltd. announced that they will report Q1, 2027 results on Jul 10, 2026
Board Change • May 25Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent External Director Masako Kubo was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 10Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥530 (up from JP¥363 in FY 2025). Revenue: JP¥140.6b (up 11% from FY 2025). Net income: JP¥16.7b (up 46% from FY 2025). Profit margin: 12% (up from 9.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.4%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 09Furuno Electric Co., Ltd., Annual General Meeting, May 21, 2026Furuno Electric Co., Ltd., Annual General Meeting, May 21, 2026.
お知らせ • Apr 02Furuno Electric Co., Ltd. to Report Fiscal Year 2026 Results on Apr 09, 2026Furuno Electric Co., Ltd. announced that they will report fiscal year 2026 results on Apr 09, 2026
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¥6,730, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 663% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,946 per share.
Upcoming Dividend • Feb 19Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 25 May 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%).
分析記事 • Feb 12Should You Be Adding Furuno Electric (TSE:6814) To Your Watchlist Today?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
分析記事 • Jan 25Furuno Electric (TSE:6814) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥7,370, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 782% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,806 per share.
New Risk • Jan 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Jan 10Third quarter 2026 earnings released: EPS: JP¥98.71 (vs JP¥110 in 3Q 2025)Third quarter 2026 results: EPS: JP¥98.71 (down from JP¥110 in 3Q 2025). Revenue: JP¥34.1b (up 11% from 3Q 2025). Net income: JP¥3.12b (down 10% from 3Q 2025). Profit margin: 9.1% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Dec 29Furuno Electric (TSE:6814) Is Doing The Right Things To Multiply Its Share PriceThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Declared Dividend • Nov 12First half dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 26th February 2026 Payment date: 25th May 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 9.9% over the next 3 years. However, it would need to fall by 68% to increase the payout ratio to a potentially unsustainable range.
分析記事 • Nov 06Here's Why We Think Furuno Electric (TSE:6814) Is Well Worth WatchingIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥9,310, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 910% over the past three years.
Major Estimate Revision • Oct 19Consensus EPS estimates increase by 64%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥129.0b to JP¥140.0b. EPS estimate increased from JP¥309 to JP¥506 per share. Net income forecast to shrink 18% next year vs 16% growth forecast for Electronic industry in Japan . Consensus price target of JP¥5,950 unchanged from last update. Share price rose 12% to JP¥8,090 over the past week.
分析記事 • Oct 18Furuno Electric Co., Ltd.'s (TSE:6814) 54% Share Price Surge Not Quite Adding UpFuruno Electric Co., Ltd. ( TSE:6814 ) shares have continued their recent momentum with a 54% gain in the last month...
Reported Earnings • Oct 11Second quarter 2026 earnings released: EPS: JP¥211 (vs JP¥120 in 2Q 2025)Second quarter 2026 results: EPS: JP¥211 (up from JP¥120 in 2Q 2025). Revenue: JP¥37.4b (up 8.0% from 2Q 2025). Net income: JP¥6.66b (up 76% from 2Q 2025). Profit margin: 18% (up from 11% in 2Q 2025). Revenue is forecast to grow 1.5% p.a. on average 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 increased by 72% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 06New 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 8.5% 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 (8.5% average weekly change). Earnings are forecast to decline by an average of 9.6% per year for the foreseeable future.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥6,600, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 550% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,003 per share.
分析記事 • Sep 30Here's Why Furuno Electric (TSE:6814) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Sep 03Furuno Electric Co., Ltd. (TSE:6814) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedFuruno Electric Co., Ltd. ( TSE:6814 ) shares have continued their recent momentum with a 27% gain in the last month...
Upcoming Dividend • Aug 21Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 13 November 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).
Buy Or Sell Opportunity • Aug 15Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 91% to JP¥4,975. The fair value is estimated to be JP¥4,082, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 70%. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to decline by 26% in the next 2 years.
分析記事 • Aug 03Here's Why Furuno Electric (TSE:6814) Has Caught The Eye Of InvestorsFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Jul 20Improved Earnings Required Before Furuno Electric Co., Ltd. (TSE:6814) Stock's 32% Jump Looks JustifiedFuruno Electric Co., Ltd. ( TSE:6814 ) shares have continued their recent momentum with a 32% gain in the last month...
分析記事 • Jul 17Furuno Electric (TSE:6814) Is Due To Pay A Dividend Of ¥55.00Furuno Electric Co., Ltd. ( TSE:6814 ) will pay a dividend of ¥55.00 on the 13th of November. This will take the annual...
New Risk • Jul 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% 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 10% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change).
Reported Earnings • Jul 11First quarter 2026 earnings released: EPS: JP¥112 (vs JP¥40.52 in 1Q 2025)First quarter 2026 results: EPS: JP¥112 (up from JP¥40.52 in 1Q 2025). Revenue: JP¥31.3b (up 11% from 1Q 2025). Net income: JP¥3.53b (up 176% from 1Q 2025). Profit margin: 11% (up from 4.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average 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 increased by 70% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,745, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 314% over the past three years.
分析記事 • Jun 18Furuno Electric (TSE:6814) Is Due To Pay A Dividend Of ¥55.00Furuno Electric Co., Ltd. ( TSE:6814 ) will pay a dividend of ¥55.00 on the 13th of November. This will take the annual...
Declared Dividend • Jun 18Final dividend increased to JP¥55.00Dividend of JP¥55.00 is 57% higher than last year. Ex-date: 28th August 2025 Payment date: 13th November 2025 Dividend yield will be 4.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 17% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range.
分析記事 • May 30We Like These Underlying Return On Capital Trends At Furuno Electric (TSE:6814)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • May 01Furuno Electric (TSE:6814) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Apr 10+ 2 more updatesFuruno Electric Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2025 and Full Year Ending February 28, 2026Furuno Electric Co., Ltd. provided consolidated earnings guidance for the six Months Ending August 31, 2025 and Full Year Ending February 28, 2026. For the six months the company expected Net sales of JPY 64,500 million, Operating profit of JPY 6,500 million, Profit attributable to owners of parent of JPY 5,000 million and Basic earnings per share of JPY 158.24. For the Full year, the company expected Net sales of JPY 127,500 million, Operating profit of JPY 11,500 million, Profit attributable to owners of parent of JPY 9,000 million and Basic earnings per share of JPY 284.86.
Reported Earnings • Apr 10Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥363 (up from JP¥198 in FY 2024). Revenue: JP¥127.0b (up 11% from FY 2024). Net income: JP¥11.5b (up 84% from FY 2024). Profit margin: 9.0% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to stay flat during the next 2 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 63% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Apr 10Now 22% overvaluedOver the last 90 days, the stock has fallen 4.2% to JP¥2,348. The fair value is estimated to be JP¥1,926, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 63%. Revenue is forecast to decline by 1.5% in 2 years. Earnings are forecast to decline by 21% in the next 2 years.
お知らせ • Apr 09+ 1 more updateFuruno Electric Co., Ltd., Annual General Meeting, May 22, 2025Furuno Electric Co., Ltd., Annual General Meeting, May 22, 2025.
New Risk • Apr 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 8.5% 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 Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥2,119, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 136% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,923 per share.
分析記事 • Apr 02Lacklustre Performance Is Driving Furuno Electric Co., Ltd.'s (TSE:6814) Low P/EWith a price-to-earnings (or "P/E") ratio of 8.9x Furuno Electric Co., Ltd. ( TSE:6814 ) may be sending bullish signals...
Buy Or Sell Opportunity • Feb 27Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to JP¥2,231. The fair value is estimated to be JP¥1,856, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to decline by 0.1% in 2 years. Earnings are forecast to grow by 3.3% in the next 2 years.
Upcoming Dividend • Feb 20Upcoming dividend of JP¥55.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 26 May 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
お知らせ • Feb 14+ 3 more updatesFuruno Electric Co., Ltd. to Report Fiscal Year 2025 Results on Apr 09, 2025Furuno Electric Co., Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Apr 09, 2025
Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥110 (vs JP¥90.19 in 3Q 2024)Third quarter 2025 results: EPS: JP¥110 (up from JP¥90.19 in 3Q 2024). Revenue: JP¥30.8b (up 4.5% from 3Q 2024). Net income: JP¥3.47b (up 22% from 3Q 2024). Profit margin: 11% (up from 9.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Electronic industry in Japan are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 14Furuno Electric (TSE:6814) Is Due To Pay A Dividend Of ¥40.00The board of Furuno Electric Co., Ltd. ( TSE:6814 ) has announced that it will pay a dividend on the 26th of May, with...
Declared Dividend • Nov 14First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 27th February 2025 Payment date: 26th May 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 35% over the next 3 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.
分析記事 • Oct 20Furuno Electric Co., Ltd. (TSE:6814) Shares Fly 34% But Investors Aren't Buying For GrowthFuruno Electric Co., Ltd. ( TSE:6814 ) shareholders would be excited to see that the share price has had a great month...
Reported Earnings • Oct 18Second quarter 2025 earnings released: EPS: JP¥120 (vs JP¥67.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥120 (up from JP¥67.74 in 2Q 2024). Revenue: JP¥34.6b (up 19% from 2Q 2024). Net income: JP¥3.79b (up 77% from 2Q 2024). Profit margin: 11% (up from 7.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electronic industry in Japan are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥2,105, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 86% over the past three years.
Upcoming Dividend • Aug 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 11 November 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,591, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥809 per share.
分析記事 • Aug 05Investors Don't See Light At End Of Furuno Electric Co., Ltd.'s (TSE:6814) Tunnel And Push Stock Down 39%The Furuno Electric Co., Ltd. ( TSE:6814 ) share price has fared very poorly over the last month, falling by a...
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,991, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 99% over the past three years.
Reported Earnings • Jul 18First quarter 2025 earnings released: EPS: JP¥40.52 (vs JP¥36.15 in 1Q 2024)First quarter 2025 results: EPS: JP¥40.52 (up from JP¥36.15 in 1Q 2024). Revenue: JP¥28.2b (up 18% from 1Q 2024). Net income: JP¥1.28b (up 12% from 1Q 2024). Profit margin: 4.5% (down from 4.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.0% p.a. on average during the next 3 years, while revenues in the Electronic industry in Japan are expected to grow by 7.3%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jul 10Now 21% overvaluedOver the last 90 days, the stock has fallen 2.2% to JP¥2,373. The fair value is estimated to be JP¥1,962, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.05% per annum. Earnings are forecast to decline by 14% per annum over the same time period.
Buy Or Sell Opportunity • Jun 10Now 23% overvaluedOver the last 90 days, the stock has fallen 5.4% to JP¥2,124. The fair value is estimated to be JP¥1,726, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.05% per annum. Earnings are forecast to decline by 14% per annum over the same time period.
Declared Dividend • Jun 06Final dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 29th August 2024 Payment date: 11th November 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 37% over the next 3 years. However, it would need to fall by 80% to increase the payout ratio to a potentially unsustainable range.
Buy Or Sell Opportunity • May 21Now 20% overvaluedOver the last 90 days, the stock has fallen 5.8% to JP¥2,041. The fair value is estimated to be JP¥1,696, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.05% per annum. Earnings are forecast to decline by 14% per annum over the same time period.
Buy Or Sell Opportunity • Apr 30Now 23% overvaluedOver the last 90 days, the stock has fallen 1.3% to JP¥2,103. The fair value is estimated to be JP¥1,704, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.05% per annum. Earnings are forecast to decline by 14% per annum over the same time period.
Major Estimate Revision • Apr 24Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from JP¥111.0b to JP¥112.5b. EPS estimate fell from JP¥171 to JP¥143 per share. Net income forecast to shrink 28% next year vs 8.6% growth forecast for Electronic industry in Japan . Consensus price target of JP¥1,900 unchanged from last update. Share price rose 15% to JP¥1,948 over the past week.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,826, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,686 per share.
お知らせ • Apr 17Furuno Electric Co., Ltd., Annual General Meeting, May 23, 2024Furuno Electric Co., Ltd., Annual General Meeting, May 23, 2024.
New Risk • Apr 17New 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 8.6% 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 (8.6% average weekly change). Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Apr 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥198 (up from JP¥42.72 in FY 2023). Revenue: JP¥114.9b (up 26% from FY 2023). Net income: JP¥6.24b (up 363% from FY 2023). Profit margin: 5.4% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to stay flat during the next 2 years compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Feb 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
お知らせ • Feb 16+ 3 more updatesFuruno Electric Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2024Furuno Electric Co., Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2024
Buy Or Sell Opportunity • Feb 08Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to JP¥2,121. The fair value is estimated to be JP¥1,726, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has declined by 5.8%. Revenue is forecast to grow by 3.4% in 2 years. Earnings are forecast to decline by 11% in the next 2 years.
Major Estimate Revision • Jan 22Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥156 to JP¥171. Revenue forecast steady at JP¥109.0b. Net income forecast to shrink 13% next year vs 9.2% growth forecast for Electronic industry in Japan . Consensus price target of JP¥1,900 unchanged from last update. Share price rose 14% to JP¥2,156 over the past week.
New Risk • Jan 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.0% 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 6.0% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change).
Reported Earnings • Jan 16Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥90.19 (up from JP¥8.27 loss in 3Q 2023). Revenue: JP¥29.5b (up 37% from 3Q 2023). Net income: JP¥2.85b (up JP¥3.11b from 3Q 2023). Profit margin: 9.7% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
New Risk • Dec 08New 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. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Oct 23Consensus EPS estimates increase by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥100.0b to JP¥105.0b. EPS estimate increased from JP¥91.35 to JP¥120 per share. Net income forecast to grow 19% next year vs 5.3% growth forecast for Electronic industry in Japan. Consensus price target of JP¥1,450 unchanged from last update. Share price rose 13% to JP¥1,630 over the past week.
Reported Earnings • Oct 18Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥67.74 (up from JP¥33.31 in 2Q 2023). Revenue: JP¥29.2b (up 31% from 2Q 2023). Net income: JP¥2.14b (up 103% from 2Q 2023). Profit margin: 7.3% (up from 4.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 101%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 23Upcoming dividend of JP¥10.00 per share at 1.6% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%).
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,208, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥811 per share.
New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change).
Reported Earnings • Jul 16First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥36.15 (up from JP¥15.41 in 1Q 2023). Revenue: JP¥23.9b (up 13% from 1Q 2023). Net income: JP¥1.14b (up 135% from 1Q 2023). Profit margin: 4.8% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 4.6% 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 fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • May 30Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥42.72 (down from JP¥89.23 in FY 2022). Revenue: JP¥91.3b (up 7.7% from FY 2022). Net income: JP¥1.35b (down 52% from FY 2022). Profit margin: 1.5% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to grow 5.2% 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 fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Major Estimate Revision • Apr 22Consensus EPS estimates fall by 19%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥91.0b to JP¥100.0b. EPS estimate fell from JP¥78.15 to JP¥63.40 per share. Net income forecast to grow 48% next year vs 5.8% growth forecast for Electronic industry in Japan. Consensus price target of JP¥1,200 unchanged from last update. Share price fell 6.4% to JP¥901 over the past week.
Reported Earnings • Apr 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥42.72 (down from JP¥89.23 in FY 2022). Revenue: JP¥91.3b (up 7.7% from FY 2022). Net income: JP¥1.35b (down 52% from FY 2022). Profit margin: 1.5% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Feb 20Upcoming dividend of JP¥15.00 per share at 2.1% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
お知らせ • Feb 12+ 2 more updatesFuruno Electric Co., Ltd. to Report Q2, 2024 Results on Oct 16, 2023Furuno Electric Co., Ltd. announced that they will report Q2, 2024 results on Oct 16, 2023
Reported Earnings • Jan 17Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: JP¥8.27 loss per share (improved from JP¥18.20 loss in 3Q 2022). Revenue: JP¥21.6b (up 11% from 3Q 2022). Net loss: JP¥261.0m (loss narrowed 55% from 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.6% p.a. on average 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 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.