Hioki E.E（6866）株式概要日置電機株式会社は、子会社とともに、日本、中国、その他のアジア、米国、欧州、および国際的な電気計測器の開発、製造、販売を行っています。 詳細6866 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長3/6過去の実績2/6財務の健全性6/6配当金3/6報酬収益は年間14.45%増加すると予測されています リスク分析JP市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る6866 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥12.20k18.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture069b2016201920222025202620282031Revenue JP¥68.6bEarnings JP¥9.7bAdvancedSet Fair ValueView all narrativesHioki E.E. Corporation 競合他社Riken KeikiSymbol: TSE:7734Market cap: JP¥165.9bOPTEX GROUP CompanySymbol: TSE:6914Market cap: JP¥151.8bHochikiSymbol: TSE:6745Market cap: JP¥135.6bFuruno ElectricSymbol: TSE:6814Market cap: JP¥189.7b価格と性能株価の高値、安値、推移の概要Hioki E.E過去の株価現在の株価JP¥12,200.0052週高値JP¥12,940.0052週安値JP¥5,260.00ベータ0.821ヶ月の変化9.12%3ヶ月変化57.42%1年変化112.91%3年間の変化32.90%5年間の変化124.68%IPOからの変化571.00%最新ニュースValuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥10,380, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,830 per share.Reported Earnings • Apr 17First quarter 2026 earnings released: EPS: JP¥123 (vs JP¥86.54 in 1Q 2025)First quarter 2026 results: EPS: JP¥123 (up from JP¥86.54 in 1Q 2025). Revenue: JP¥11.4b (up 16% from 1Q 2025). Net income: JP¥1.65b (up 41% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% 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 fallen by 1% per year whereas the company’s share price has increased by 4% per year.New Risk • Apr 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).Declared Dividend • Apr 11Final dividend of JP¥100.00 announcedDividend of JP¥100.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 12th August 2026 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (81% cash payout ratio). 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 grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 06Hioki E.E. Corporation (TSE:6866) announces an Equity Buyback for 300,000 shares, representing 2.22% for ¥1,500 million.Hioki E.E. Corporation (TSE:6866) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 2.22% of its issued share capital (excluding treasury stock), for ¥1,500 million. The purpose of the program is to enable further returns to shareholders and the execution of flexible capital policies that respond to changes in the business environment. The program will run until May 31, 2026. As of December 31, 2025, the company had 13,538,745 shares in issue (excluding treasury stock) and 485,620 shares in treasury.お知らせ • Jan 23+ 2 more updatesHioki E.E. Corporation, Annual General Meeting, Feb 26, 2026Hioki E.E. Corporation, Annual General Meeting, Feb 26, 2026.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥10,380, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,830 per share.Reported Earnings • Apr 17First quarter 2026 earnings released: EPS: JP¥123 (vs JP¥86.54 in 1Q 2025)First quarter 2026 results: EPS: JP¥123 (up from JP¥86.54 in 1Q 2025). Revenue: JP¥11.4b (up 16% from 1Q 2025). Net income: JP¥1.65b (up 41% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% 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 fallen by 1% per year whereas the company’s share price has increased by 4% per year.New Risk • Apr 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).Declared Dividend • Apr 11Final dividend of JP¥100.00 announcedDividend of JP¥100.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 12th August 2026 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (81% cash payout ratio). 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 grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 06Hioki E.E. Corporation (TSE:6866) announces an Equity Buyback for 300,000 shares, representing 2.22% for ¥1,500 million.Hioki E.E. Corporation (TSE:6866) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 2.22% of its issued share capital (excluding treasury stock), for ¥1,500 million. The purpose of the program is to enable further returns to shareholders and the execution of flexible capital policies that respond to changes in the business environment. The program will run until May 31, 2026. As of December 31, 2025, the company had 13,538,745 shares in issue (excluding treasury stock) and 485,620 shares in treasury.お知らせ • Jan 23+ 2 more updatesHioki E.E. Corporation, Annual General Meeting, Feb 26, 2026Hioki E.E. Corporation, Annual General Meeting, Feb 26, 2026.分析記事 • Dec 09Hioki E.E (TSE:6866) Will Pay A Dividend Of ¥100.00Hioki E.E. Corporation ( TSE:6866 ) has announced that it will pay a dividend of ¥100.00 per share on the 2nd of March...お知らせ • Dec 09Hioki E.E. Corporation to Report Fiscal Year 2025 Results on Jan 23, 2026Hioki E.E. Corporation announced that they will report fiscal year 2025 results on Jan 23, 2026Reported Earnings • Oct 16Third quarter 2025 earnings released: EPS: JP¥93.36 (vs JP¥104 in 3Q 2024)Third quarter 2025 results: EPS: JP¥93.36 (down from JP¥104 in 3Q 2024). Revenue: JP¥9.68b (up 2.8% from 3Q 2024). Net income: JP¥1.26b (down 10% from 3Q 2024). Profit margin: 13% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% 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 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.分析記事 • Sep 15Hioki E.E (TSE:6866) Is Due To Pay A Dividend Of ¥100.00Hioki E.E. Corporation's ( TSE:6866 ) investors are due to receive a payment of ¥100.00 per share on 2nd of March. This...お知らせ • Sep 14Hioki E.E. Corporation to Report Q3, 2025 Results on Oct 15, 2025Hioki E.E. Corporation announced that they will report Q3, 2025 results on Oct 15, 2025分析記事 • Aug 13Hioki E.E (TSE:6866) Has Affirmed Its Dividend Of ¥100.00Hioki E.E. Corporation ( TSE:6866 ) will pay a dividend of ¥100.00 on the 2nd of March. This means the annual payment...Declared Dividend • Aug 13First half dividend of JP¥100.00 announcedDividend of JP¥100.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 2nd March 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 17Second quarter 2025 earnings releasedSecond quarter 2025 results: Net income: (down JP¥1.41b from profit in 2Q 2024).お知らせ • Jul 08Hioki E.E. Corporation Announces Executive ChangesHioki E.E. Corporation has resolved to implement the following personnel changes at the Board of Directors meeting scheduled for July 8, 2025. Personnel Changes (Effective July 21, 2025): Name: Kenneth Soh, Previous position: Executive Officer, Director of Product & Marketing Division and Director of Marketing Communication Department to New Position: Executive Officer, Director of Product & Marketing Division. Name: Anna Yong as New position: Director of Marketing Communication Department. Personnel Changes (Effective August 1, 2025): Name: Pan Dongyun, Previous position: Executive Officer, Director of Asia-Pacific Market, Global Sales Division to New position: Executive Officer, Director of Asia-Pacific Market, Global Sales Division and President of HIOKI SINGAPORE PTE. LTD. Name: Seiichi Miyazawa, Previous position: President of HIOKI SINGAPORE PTE. LTD. to New position: Global Sales Division, Chief CRM Project Manager.Upcoming Dividend • Jun 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 13 August 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%).お知らせ • Jun 07Hioki E.E. Corporation to Report Q2, 2025 Results on Jul 15, 2025Hioki E.E. Corporation announced that they will report Q2, 2025 results on Jul 15, 2025分析記事 • Apr 22Hioki E.E (TSE:6866) Is Due To Pay A Dividend Of ¥100.00Hioki E.E. Corporation ( TSE:6866 ) will pay a dividend of ¥100.00 on the 13th of August. This makes the dividend yield...Reported Earnings • Apr 16First quarter 2025 earnings released: EPS: JP¥86.54 (vs JP¥88.31 in 1Q 2024)First quarter 2025 results: EPS: JP¥86.54 (down from JP¥88.31 in 1Q 2024). Revenue: JP¥9.82b (up 7.7% from 1Q 2024). Net income: JP¥1.17b (down 2.9% from 1Q 2024). Profit margin: 12% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% 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 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 11Final dividend of JP¥100.00 announcedShareholders will receive a dividend of JP¥100.00. Ex-date: 27th June 2025 Payment date: 13th August 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to JP¥5,760. The fair value is estimated to be JP¥7,598, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 9.0%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.お知らせ • Mar 11Hioki E.E. Corporation to Report Q1, 2025 Results on Apr 15, 2025Hioki E.E. Corporation announced that they will report Q1, 2025 results on Apr 15, 2025Reported Earnings • Jan 27Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥455 (down from JP¥463 in FY 2023). Revenue: JP¥39.3b (flat on FY 2023). Net income: JP¥6.19b (down 2.2% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 9.7%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.お知らせ • Jan 27+ 2 more updatesHioki E.E. Corporation Provides Dividend Guidance for the Year Ended December 31, 2025Hioki E.E. Corporation provided dividend guidance for the year ended December 31, 2025. For the year, company expected to pay JPY 100.00 per share against JPY 100.00 per share for the previous period.お知らせ • Jan 24Hioki E.E. Corporation, Annual General Meeting, Feb 27, 2025Hioki E.E. Corporation, Annual General Meeting, Feb 27, 2025.分析記事 • Dec 26Hioki E.E's (TSE:6866) Dividend Will Be ¥100.00The board of Hioki E.E. Corporation ( TSE:6866 ) has announced that it will pay a dividend of ¥100.00 per share on the...Upcoming Dividend • Dec 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 February 2025. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).分析記事 • Oct 16Calculating The Intrinsic Value Of Hioki E.E. Corporation (TSE:6866)Key Insights Hioki E.E's estimated fair value is JP¥8,406 based on 2 Stage Free Cash Flow to Equity Hioki E.E's...Reported Earnings • Oct 16Third quarter 2024 earnings released: EPS: JP¥104 (vs JP¥101 in 3Q 2023)Third quarter 2024 results: EPS: JP¥104 (up from JP¥101 in 3Q 2023). Revenue: JP¥9.42b (up 2.0% from 3Q 2023). Net income: JP¥1.41b (up 2.0% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% 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 • Sep 06Hioki E.E's (TSE:6866) Dividend Will Be ¥100.00Hioki E.E. Corporation's ( TSE:6866 ) investors are due to receive a payment of ¥100.00 per share on 28th of February...お知らせ • Sep 06Hioki E.E. Corporation to Report Q3, 2024 Results on Oct 15, 2024Hioki E.E. Corporation announced that they will report Q3, 2024 results on Oct 15, 2024分析記事 • Sep 04Hioki E.E. Corporation (TSE:6866) Looks Just Right With A 25% Price JumpThe Hioki E.E. Corporation ( TSE:6866 ) share price has done very well over the last month, posting an excellent gain...分析記事 • Aug 22Hioki E.E (TSE:6866) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥6,550, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 12% over the past three years.分析記事 • Jul 18Hioki E.E (TSE:6866) Will Pay A Dividend Of ¥100.00Hioki E.E. Corporation's ( TSE:6866 ) investors are due to receive a payment of ¥100.00 per share on 28th of February...Reported Earnings • Jul 18Second quarter 2024 earnings released: EPS: JP¥103 (vs JP¥133 in 2Q 2023)Second quarter 2024 results: EPS: JP¥103 (down from JP¥133 in 2Q 2023). Revenue: JP¥9.55b (down 7.3% from 2Q 2023). Net income: JP¥1.41b (down 22% from 2Q 2023). Profit margin: 15% (down from 18% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥8,390, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,237 per share.お知らせ • Jul 17Hioki E.E. Corporation Provided Consolidated Earnings Guidance for the Full Year Ending December 31, 2024Hioki E.E. Corporation provided consolidated earnings guidance for the full year ending December 31, 2024. For full year, the company expected net sales to be JPY 40,000 million, operating profit to be JPY 8,000 million, profit attributable to owners of parent to be JPY 6,360 million and earnings per share to be JPY 465.58.お知らせ • Jul 10Hioki E.E. Corporation (TSE:6866) announces an Equity Buyback for 200,000 shares, representing 1.46% for ¥1,000 million.Hioki E.E. Corporation (TSE:6866) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.46% of its issued share capital (excluding treasury stock), for ¥1,000 million. The purpose of the program is to enable greater return of profits to shareholders and the implementation of flexible capital policies in response to changes in the business environment. The program will run until November 22, 2024. As of February 28, 2022, the company had 13,663,848 shares in issue (excluding treasury stock) and 360,517 shares in treasury.Upcoming Dividend • Jun 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 14 August 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.4%).お知らせ • Jun 15Hioki E.E. Corporation to Report Q2, 2024 Results on Jul 16, 2024Hioki E.E. Corporation announced that they will report Q2, 2024 results on Jul 16, 2024Buy Or Sell Opportunity • May 13Now 21% undervaluedOver the last 90 days, the stock has risen 8.9% to JP¥7,190. The fair value is estimated to be JP¥9,067, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥7,120, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,051 per share.分析記事 • Apr 26Hioki E.E (TSE:6866) Is Paying Out A Larger Dividend Than Last YearHioki E.E. Corporation ( TSE:6866 ) will increase its dividend from last year's comparable payment on the 14th of...Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥88.31 (vs JP¥120 in 1Q 2023)First quarter 2024 results: EPS: JP¥88.31 (down from JP¥120 in 1Q 2023). Revenue: JP¥9.11b (down 9.1% from 1Q 2023). Net income: JP¥1.21b (down 26% from 1Q 2023). Profit margin: 13% (down from 16% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% 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 increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 12Hioki E.E (TSE:6866) Is Increasing Its Dividend To ¥100.00Hioki E.E. Corporation ( TSE:6866 ) has announced that it will be increasing its dividend from last year's comparable...Declared Dividend • Apr 11Final dividend of JP¥100.00 announcedShareholders will receive a dividend of JP¥100.00. Ex-date: 27th June 2024 Payment date: 14th August 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 29Hioki E.E. Corporation to Report Q1, 2024 Results on Apr 15, 2024Hioki E.E. Corporation announced that they will report Q1, 2024 results on Apr 15, 2024Board Change • Mar 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Outside Independent Director Osamu Mawatari was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jan 26Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥463 (up from JP¥390 in FY 2022). Revenue: JP¥39.2b (up 14% from FY 2022). Net income: JP¥6.33b (up 19% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 26Hioki E.E. Corporation, Annual General Meeting, Feb 28, 2024Hioki E.E. Corporation, Annual General Meeting, Feb 28, 2024.Upcoming Dividend • Dec 21Upcoming dividend of JP¥90.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 28 February 2024. Payout ratio is a comfortable 18% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).お知らせ • Dec 07Hioki E.E. Corporation to Report Fiscal Year 2023 Results on Jan 25, 2024Hioki E.E. Corporation announced that they will report fiscal year 2023 results on Jan 25, 2024Reported Earnings • Oct 18Third quarter 2023 earnings released: EPS: JP¥101 (vs JP¥109 in 3Q 2022)Third quarter 2023 results: EPS: JP¥101 (down from JP¥109 in 3Q 2022). Revenue: JP¥9.23b (up 2.5% from 3Q 2022). Net income: JP¥1.38b (down 7.1% from 3Q 2022). Profit margin: 15% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% 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 increased by 34% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 31Hioki E.E. Corporation to Report Q3, 2023 Results on Oct 16, 2023Hioki E.E. Corporation announced that they will report Q3, 2023 results on Oct 16, 2023Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: JP¥133 (vs JP¥88.70 in 2Q 2022)Second quarter 2023 results: EPS: JP¥133 (up from JP¥88.70 in 2Q 2022). Revenue: JP¥10.3b (up 36% from 2Q 2022). Net income: JP¥1.81b (up 50% from 2Q 2022). Profit margin: 18% (up from 16% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 35% per year.Upcoming Dividend • Jun 22Upcoming dividend of JP¥90.00 per share at 1.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 August 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%).お知らせ • Jun 04Hioki E.E. Corporation to Report Q2, 2023 Results on Jul 18, 2023Hioki E.E. Corporation announced that they will report Q2, 2023 results on Jul 18, 2023Reported Earnings • Apr 19First quarter 2023 earnings released: EPS: JP¥120 (vs JP¥94.68 in 1Q 2022)First quarter 2023 results: EPS: JP¥120 (up from JP¥94.68 in 1Q 2022). Revenue: JP¥10.0b (up 21% from 1Q 2022). Net income: JP¥1.64b (up 27% from 1Q 2022). Profit margin: 16% (in line with 1Q 2022). Revenue is forecast to grow 7.7% 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 37% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 04Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥390 (up from JP¥331 in FY 2021). Revenue: JP¥34.4b (up 17% from FY 2021). Net income: JP¥5.33b (up 18% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 39% per year.Reported Earnings • Jan 26Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥390 (up from JP¥331 in FY 2021). Revenue: JP¥34.4b (up 17% from FY 2021). Net income: JP¥5.33b (up 18% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 26Hioki E.E. Corporation, Annual General Meeting, Feb 27, 2023Hioki E.E. Corporation, Annual General Meeting, Feb 27, 2023.Upcoming Dividend • Dec 22Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 February 2023. Payout ratio is a comfortable 4.0% and the cash payout ratio is 84%. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).お知らせ • Dec 06Hioki E.E. Corporation to Report Fiscal Year 2022 Results on Jan 25, 2023Hioki E.E. Corporation announced that they will report fiscal year 2022 results on Jan 25, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent External Director Sumio Ohtsuji was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Oct 26Price target decreased to JP¥8,100Down from JP¥8,800, the current price target is provided by 1 analyst. New target price is 19% above last closing price of JP¥6,790. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥398 for next year compared to JP¥331 last year.Reported Earnings • Oct 18Third quarter 2022 earnings released: EPS: JP¥109 (vs JP¥70.42 in 3Q 2021)Third quarter 2022 results: EPS: JP¥109 (up from JP¥70.42 in 3Q 2021). Revenue: JP¥9.01b (up 31% from 3Q 2021). Net income: JP¥1.49b (up 55% from 3Q 2021). Profit margin: 17% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% 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 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 17Second quarter 2022 earnings released: EPS: JP¥88.70 (vs JP¥99.22 in 2Q 2021)Second quarter 2022 results: EPS: JP¥88.70 (down from JP¥99.22 in 2Q 2021). Revenue: JP¥7.60b (down 1.2% from 2Q 2021). Net income: JP¥1.21b (down 11% from 2Q 2021). Profit margin: 16% (down from 18% in 2Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 10% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 22Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 August 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).Major Estimate Revision • Apr 27Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from JP¥31.4b to JP¥35.0b. EPS estimate increased from JP¥359 to JP¥414 per share. Net income forecast to grow 20% next year vs 7.8% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥8,000 to JP¥8,800. Share price was steady at JP¥7,780 over the past week.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent External Director Sumio Ohtsuji was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 19Hioki E.E. Corporation Provides Consolidated Earnings guidance for the Six Months Ending June 30, 2022 and for the Full Year Ending December 31, 2022Hioki E.E. Corporation provided consolidated earnings guidance for the six months ending June 30, 2022 and for the full year ending December 31, 2022. For six months, the company expected net sales to be JPY 17,000 million, operating profit to be JPY 3,570 million, profit attributable to owners of parent to be JPY 2,780 million and earnings per share to be JPY 203.71. For full year, the company expected net sales to be JPY 34,000 million, operating profit to be JPY 7,010 million, profit attributable to owners of parent to be JPY 5,410 million and earnings per share to be JPY 396.43.お知らせ • Apr 18+ 1 more updateHioki E.E. Corporation Provides Dividend Guidance for the Year Ending December 31, 2022Hioki E.E. Corporation provided dividend guidance of JPY 80.00 per share for the year ending December 31, 2022 as compared to paid dividend of JPY 100.00 per share a year ago.Reported Earnings • Apr 17First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: JP¥94.68 (up from JP¥79.04 in 1Q 2021). Revenue: JP¥8.29b (up 19% from 1Q 2021). Net income: JP¥1.29b (up 20% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 4.3%, compared to a 8.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 21% per year.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥7,740, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,574 per share.Reported Earnings • Jan 26Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥331 (up from JP¥152 in FY 2020). Revenue: JP¥29.3b (up 35% from FY 2020). Net income: JP¥4.52b (up 118% from FY 2020). Profit margin: 15% (up from 9.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 7.4%, compared to a 9.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year.Upcoming Dividend • Dec 22Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 February 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.1%).Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥7,710, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 112% over the past three years.Reported Earnings • Oct 16Third quarter 2021 earnings released: EPS JP¥70.42 (vs JP¥15.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥6.90b (up 32% from 3Q 2020). Net income: JP¥961.0m (up 367% from 3Q 2020). Profit margin: 14% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥9,410, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 183% over the past three years.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥7,710, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 92% over the past three years.Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS JP¥99.22 (vs JP¥48.47 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥7.69b (up 59% from 2Q 2020). Net income: JP¥1.35b (up 105% from 2Q 2020). Profit margin: 18% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥7,400, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 68% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 14 August 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (1.1%).Reported Earnings • Apr 17First quarter 2021 earnings released: EPS JP¥79.04 (vs JP¥42.35 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥6.95b (up 19% from 1Q 2020). Net income: JP¥1.08b (up 87% from 1Q 2020). Profit margin: 16% (up from 9.9% in 1Q 2020). The increase in margin was driven by higher revenue. 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 6% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 24New 90-day low: JP¥3,660The company is down 8.0% from its price of JP¥4,000 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.Analyst Estimate Surprise Post Earnings • Jan 26Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 6.2%, compared to a 6.6% growth forecast for the Electronic industry in Japan.お知らせ • Jan 23+ 3 more updatesHioki E.E. Corporation, Annual General Meeting, Feb 25, 2021Hioki E.E. Corporation, Annual General Meeting, Feb 25, 2021.Is New 90 Day High Low • Jan 12New 90-day high: JP¥4,340The company is up 16% from its price of JP¥3,745 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 21% over the same period.株主還元6866JP ElectronicJP 市場7D-2.0%12.5%1.9%1Y112.9%111.2%41.5%株主還元を見る業界別リターン: 6866過去 1 年間で111.2 % の収益を上げたJP Electronic業界を上回りました。リターン対市場: 6866過去 1 年間で41.5 % の収益を上げたJP市場を上回りました。価格変動Is 6866's price volatile compared to industry and market?6866 volatility6866 Average Weekly Movement7.9%Electronic Industry Average Movement6.9%Market Average Movement4.9%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 6866の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 6866の weekly volatility ( 8% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19351,153Takahiro Okazawawww.hioki.co.jp日置電機株式会社は、子会社とともに、日本、中国、その他のアジア、米国、欧州、および海外で電気計測器の開発、製造、販売を行っています。マルチメータ、ベアボードテスティング、パッケージテスティング、ポピュレーションボードテスティング、マルチチャンネルデータロガー、コンパクトデータロガー、温度データロガー、LCRメータ、インピーダンスアナライザ、キャパシタンスメータ、抵抗計、バッテリテスター、スーパーメガオームメータ、エレクトロメータ、ピコアンメータ、ベンチトップデジタルマルチメータ、電気安全テスター、ヒポットテスター、絶縁テスター、リーケージテスター、信号発生器、校正器、電力品質アナライザ、電力ロガー、電流プローブ、電流センサ、電圧プローブ、CANセンサ、LANケーブル・テスター、ソーラー・パネル・メンテナンス、太陽光発電システム・メンテナンス、磁場テスター、温度テスター、ルクス・テスター、ハンドヘルド・デジタル・マルチメーター、絶縁テスター、メガオームメーター、接地抵抗テスター、位相回転テスター、IoT/特殊ソリューション、電圧検出。また、試験・分析、製造・検査、設備・機器メンテナンスのソリューションも提供している。同社の製品は、モビリティ、バッテリー、モーター、エネルギー、電子部品、インフラ業界で使用されている。日置電機は1935年に設立され、日本の上田市に本社を置く。もっと見るHioki E.E. Corporation 基礎のまとめHioki E.E の収益と売上を時価総額と比較するとどうか。6866 基礎統計学時価総額JP¥163.69b収益（TTM）JP¥5.94b売上高(TTM)JP¥42.10b27.6xPER（株価収益率3.9xP/Sレシオ6866 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6866 損益計算書（TTM）収益JP¥42.10b売上原価JP¥20.79b売上総利益JP¥21.31bその他の費用JP¥15.37b収益JP¥5.94b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）442.66グロス・マージン50.62%純利益率14.11%有利子負債／自己資本比率0%6866 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.6%現在の配当利回り46%配当性向6866 配当は確実ですか？6866 配当履歴とベンチマークを見る6866 、いつまでに購入すれば配当金を受け取れますか？Hioki E.E 配当日配当落ち日Jun 29 2026配当支払日Aug 12 2026配当落ちまでの日数28 days配当支払日までの日数72 days6866 配当は確実ですか？6866 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/30 17:58終値2026/05/29 00:00収益2026/03/31年間収益2025/12/31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Hioki E.E. Corporation 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Junji OkawaDaiwa Securities Co. Ltd.null nullDaiwa Securities Co. Ltd.Mitsuhiro OsawaIchiyoshi Research Institute Inc.1 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥10,380, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,830 per share.
Reported Earnings • Apr 17First quarter 2026 earnings released: EPS: JP¥123 (vs JP¥86.54 in 1Q 2025)First quarter 2026 results: EPS: JP¥123 (up from JP¥86.54 in 1Q 2025). Revenue: JP¥11.4b (up 16% from 1Q 2025). Net income: JP¥1.65b (up 41% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% 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 fallen by 1% per year whereas the company’s share price has increased by 4% per year.
New Risk • Apr 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).
Declared Dividend • Apr 11Final dividend of JP¥100.00 announcedDividend of JP¥100.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 12th August 2026 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (81% cash payout ratio). 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 grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 06Hioki E.E. Corporation (TSE:6866) announces an Equity Buyback for 300,000 shares, representing 2.22% for ¥1,500 million.Hioki E.E. Corporation (TSE:6866) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 2.22% of its issued share capital (excluding treasury stock), for ¥1,500 million. The purpose of the program is to enable further returns to shareholders and the execution of flexible capital policies that respond to changes in the business environment. The program will run until May 31, 2026. As of December 31, 2025, the company had 13,538,745 shares in issue (excluding treasury stock) and 485,620 shares in treasury.
お知らせ • Jan 23+ 2 more updatesHioki E.E. Corporation, Annual General Meeting, Feb 26, 2026Hioki E.E. Corporation, Annual General Meeting, Feb 26, 2026.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥10,380, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,830 per share.
Reported Earnings • Apr 17First quarter 2026 earnings released: EPS: JP¥123 (vs JP¥86.54 in 1Q 2025)First quarter 2026 results: EPS: JP¥123 (up from JP¥86.54 in 1Q 2025). Revenue: JP¥11.4b (up 16% from 1Q 2025). Net income: JP¥1.65b (up 41% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% 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 fallen by 1% per year whereas the company’s share price has increased by 4% per year.
New Risk • Apr 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).
Declared Dividend • Apr 11Final dividend of JP¥100.00 announcedDividend of JP¥100.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 12th August 2026 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (81% cash payout ratio). 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 grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 06Hioki E.E. Corporation (TSE:6866) announces an Equity Buyback for 300,000 shares, representing 2.22% for ¥1,500 million.Hioki E.E. Corporation (TSE:6866) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 2.22% of its issued share capital (excluding treasury stock), for ¥1,500 million. The purpose of the program is to enable further returns to shareholders and the execution of flexible capital policies that respond to changes in the business environment. The program will run until May 31, 2026. As of December 31, 2025, the company had 13,538,745 shares in issue (excluding treasury stock) and 485,620 shares in treasury.
お知らせ • Jan 23+ 2 more updatesHioki E.E. Corporation, Annual General Meeting, Feb 26, 2026Hioki E.E. Corporation, Annual General Meeting, Feb 26, 2026.
分析記事 • Dec 09Hioki E.E (TSE:6866) Will Pay A Dividend Of ¥100.00Hioki E.E. Corporation ( TSE:6866 ) has announced that it will pay a dividend of ¥100.00 per share on the 2nd of March...
お知らせ • Dec 09Hioki E.E. Corporation to Report Fiscal Year 2025 Results on Jan 23, 2026Hioki E.E. Corporation announced that they will report fiscal year 2025 results on Jan 23, 2026
Reported Earnings • Oct 16Third quarter 2025 earnings released: EPS: JP¥93.36 (vs JP¥104 in 3Q 2024)Third quarter 2025 results: EPS: JP¥93.36 (down from JP¥104 in 3Q 2024). Revenue: JP¥9.68b (up 2.8% from 3Q 2024). Net income: JP¥1.26b (down 10% from 3Q 2024). Profit margin: 13% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% 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 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
分析記事 • Sep 15Hioki E.E (TSE:6866) Is Due To Pay A Dividend Of ¥100.00Hioki E.E. Corporation's ( TSE:6866 ) investors are due to receive a payment of ¥100.00 per share on 2nd of March. This...
お知らせ • Sep 14Hioki E.E. Corporation to Report Q3, 2025 Results on Oct 15, 2025Hioki E.E. Corporation announced that they will report Q3, 2025 results on Oct 15, 2025
分析記事 • Aug 13Hioki E.E (TSE:6866) Has Affirmed Its Dividend Of ¥100.00Hioki E.E. Corporation ( TSE:6866 ) will pay a dividend of ¥100.00 on the 2nd of March. This means the annual payment...
Declared Dividend • Aug 13First half dividend of JP¥100.00 announcedDividend of JP¥100.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 2nd March 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 17Second quarter 2025 earnings releasedSecond quarter 2025 results: Net income: (down JP¥1.41b from profit in 2Q 2024).
お知らせ • Jul 08Hioki E.E. Corporation Announces Executive ChangesHioki E.E. Corporation has resolved to implement the following personnel changes at the Board of Directors meeting scheduled for July 8, 2025. Personnel Changes (Effective July 21, 2025): Name: Kenneth Soh, Previous position: Executive Officer, Director of Product & Marketing Division and Director of Marketing Communication Department to New Position: Executive Officer, Director of Product & Marketing Division. Name: Anna Yong as New position: Director of Marketing Communication Department. Personnel Changes (Effective August 1, 2025): Name: Pan Dongyun, Previous position: Executive Officer, Director of Asia-Pacific Market, Global Sales Division to New position: Executive Officer, Director of Asia-Pacific Market, Global Sales Division and President of HIOKI SINGAPORE PTE. LTD. Name: Seiichi Miyazawa, Previous position: President of HIOKI SINGAPORE PTE. LTD. to New position: Global Sales Division, Chief CRM Project Manager.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 13 August 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%).
お知らせ • Jun 07Hioki E.E. Corporation to Report Q2, 2025 Results on Jul 15, 2025Hioki E.E. Corporation announced that they will report Q2, 2025 results on Jul 15, 2025
分析記事 • Apr 22Hioki E.E (TSE:6866) Is Due To Pay A Dividend Of ¥100.00Hioki E.E. Corporation ( TSE:6866 ) will pay a dividend of ¥100.00 on the 13th of August. This makes the dividend yield...
Reported Earnings • Apr 16First quarter 2025 earnings released: EPS: JP¥86.54 (vs JP¥88.31 in 1Q 2024)First quarter 2025 results: EPS: JP¥86.54 (down from JP¥88.31 in 1Q 2024). Revenue: JP¥9.82b (up 7.7% from 1Q 2024). Net income: JP¥1.17b (down 2.9% from 1Q 2024). Profit margin: 12% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% 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 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 11Final dividend of JP¥100.00 announcedShareholders will receive a dividend of JP¥100.00. Ex-date: 27th June 2025 Payment date: 13th August 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to JP¥5,760. The fair value is estimated to be JP¥7,598, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 9.0%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
お知らせ • Mar 11Hioki E.E. Corporation to Report Q1, 2025 Results on Apr 15, 2025Hioki E.E. Corporation announced that they will report Q1, 2025 results on Apr 15, 2025
Reported Earnings • Jan 27Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥455 (down from JP¥463 in FY 2023). Revenue: JP¥39.3b (flat on FY 2023). Net income: JP¥6.19b (down 2.2% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 9.7%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Jan 27+ 2 more updatesHioki E.E. Corporation Provides Dividend Guidance for the Year Ended December 31, 2025Hioki E.E. Corporation provided dividend guidance for the year ended December 31, 2025. For the year, company expected to pay JPY 100.00 per share against JPY 100.00 per share for the previous period.
お知らせ • Jan 24Hioki E.E. Corporation, Annual General Meeting, Feb 27, 2025Hioki E.E. Corporation, Annual General Meeting, Feb 27, 2025.
分析記事 • Dec 26Hioki E.E's (TSE:6866) Dividend Will Be ¥100.00The board of Hioki E.E. Corporation ( TSE:6866 ) has announced that it will pay a dividend of ¥100.00 per share on the...
Upcoming Dividend • Dec 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 February 2025. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
分析記事 • Oct 16Calculating The Intrinsic Value Of Hioki E.E. Corporation (TSE:6866)Key Insights Hioki E.E's estimated fair value is JP¥8,406 based on 2 Stage Free Cash Flow to Equity Hioki E.E's...
Reported Earnings • Oct 16Third quarter 2024 earnings released: EPS: JP¥104 (vs JP¥101 in 3Q 2023)Third quarter 2024 results: EPS: JP¥104 (up from JP¥101 in 3Q 2023). Revenue: JP¥9.42b (up 2.0% from 3Q 2023). Net income: JP¥1.41b (up 2.0% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% 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 • Sep 06Hioki E.E's (TSE:6866) Dividend Will Be ¥100.00Hioki E.E. Corporation's ( TSE:6866 ) investors are due to receive a payment of ¥100.00 per share on 28th of February...
お知らせ • Sep 06Hioki E.E. Corporation to Report Q3, 2024 Results on Oct 15, 2024Hioki E.E. Corporation announced that they will report Q3, 2024 results on Oct 15, 2024
分析記事 • Sep 04Hioki E.E. Corporation (TSE:6866) Looks Just Right With A 25% Price JumpThe Hioki E.E. Corporation ( TSE:6866 ) share price has done very well over the last month, posting an excellent gain...
分析記事 • Aug 22Hioki E.E (TSE:6866) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥6,550, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 12% over the past three years.
分析記事 • Jul 18Hioki E.E (TSE:6866) Will Pay A Dividend Of ¥100.00Hioki E.E. Corporation's ( TSE:6866 ) investors are due to receive a payment of ¥100.00 per share on 28th of February...
Reported Earnings • Jul 18Second quarter 2024 earnings released: EPS: JP¥103 (vs JP¥133 in 2Q 2023)Second quarter 2024 results: EPS: JP¥103 (down from JP¥133 in 2Q 2023). Revenue: JP¥9.55b (down 7.3% from 2Q 2023). Net income: JP¥1.41b (down 22% from 2Q 2023). Profit margin: 15% (down from 18% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥8,390, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,237 per share.
お知らせ • Jul 17Hioki E.E. Corporation Provided Consolidated Earnings Guidance for the Full Year Ending December 31, 2024Hioki E.E. Corporation provided consolidated earnings guidance for the full year ending December 31, 2024. For full year, the company expected net sales to be JPY 40,000 million, operating profit to be JPY 8,000 million, profit attributable to owners of parent to be JPY 6,360 million and earnings per share to be JPY 465.58.
お知らせ • Jul 10Hioki E.E. Corporation (TSE:6866) announces an Equity Buyback for 200,000 shares, representing 1.46% for ¥1,000 million.Hioki E.E. Corporation (TSE:6866) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.46% of its issued share capital (excluding treasury stock), for ¥1,000 million. The purpose of the program is to enable greater return of profits to shareholders and the implementation of flexible capital policies in response to changes in the business environment. The program will run until November 22, 2024. As of February 28, 2022, the company had 13,663,848 shares in issue (excluding treasury stock) and 360,517 shares in treasury.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 14 August 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.4%).
お知らせ • Jun 15Hioki E.E. Corporation to Report Q2, 2024 Results on Jul 16, 2024Hioki E.E. Corporation announced that they will report Q2, 2024 results on Jul 16, 2024
Buy Or Sell Opportunity • May 13Now 21% undervaluedOver the last 90 days, the stock has risen 8.9% to JP¥7,190. The fair value is estimated to be JP¥9,067, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥7,120, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,051 per share.
分析記事 • Apr 26Hioki E.E (TSE:6866) Is Paying Out A Larger Dividend Than Last YearHioki E.E. Corporation ( TSE:6866 ) will increase its dividend from last year's comparable payment on the 14th of...
Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥88.31 (vs JP¥120 in 1Q 2023)First quarter 2024 results: EPS: JP¥88.31 (down from JP¥120 in 1Q 2023). Revenue: JP¥9.11b (down 9.1% from 1Q 2023). Net income: JP¥1.21b (down 26% from 1Q 2023). Profit margin: 13% (down from 16% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% 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 increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 12Hioki E.E (TSE:6866) Is Increasing Its Dividend To ¥100.00Hioki E.E. Corporation ( TSE:6866 ) has announced that it will be increasing its dividend from last year's comparable...
Declared Dividend • Apr 11Final dividend of JP¥100.00 announcedShareholders will receive a dividend of JP¥100.00. Ex-date: 27th June 2024 Payment date: 14th August 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 29Hioki E.E. Corporation to Report Q1, 2024 Results on Apr 15, 2024Hioki E.E. Corporation announced that they will report Q1, 2024 results on Apr 15, 2024
Board Change • Mar 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Outside Independent Director Osamu Mawatari was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jan 26Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥463 (up from JP¥390 in FY 2022). Revenue: JP¥39.2b (up 14% from FY 2022). Net income: JP¥6.33b (up 19% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 26Hioki E.E. Corporation, Annual General Meeting, Feb 28, 2024Hioki E.E. Corporation, Annual General Meeting, Feb 28, 2024.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥90.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 28 February 2024. Payout ratio is a comfortable 18% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
お知らせ • Dec 07Hioki E.E. Corporation to Report Fiscal Year 2023 Results on Jan 25, 2024Hioki E.E. Corporation announced that they will report fiscal year 2023 results on Jan 25, 2024
Reported Earnings • Oct 18Third quarter 2023 earnings released: EPS: JP¥101 (vs JP¥109 in 3Q 2022)Third quarter 2023 results: EPS: JP¥101 (down from JP¥109 in 3Q 2022). Revenue: JP¥9.23b (up 2.5% from 3Q 2022). Net income: JP¥1.38b (down 7.1% from 3Q 2022). Profit margin: 15% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% 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 increased by 34% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 31Hioki E.E. Corporation to Report Q3, 2023 Results on Oct 16, 2023Hioki E.E. Corporation announced that they will report Q3, 2023 results on Oct 16, 2023
Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: JP¥133 (vs JP¥88.70 in 2Q 2022)Second quarter 2023 results: EPS: JP¥133 (up from JP¥88.70 in 2Q 2022). Revenue: JP¥10.3b (up 36% from 2Q 2022). Net income: JP¥1.81b (up 50% from 2Q 2022). Profit margin: 18% (up from 16% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 35% per year.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥90.00 per share at 1.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 August 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%).
お知らせ • Jun 04Hioki E.E. Corporation to Report Q2, 2023 Results on Jul 18, 2023Hioki E.E. Corporation announced that they will report Q2, 2023 results on Jul 18, 2023
Reported Earnings • Apr 19First quarter 2023 earnings released: EPS: JP¥120 (vs JP¥94.68 in 1Q 2022)First quarter 2023 results: EPS: JP¥120 (up from JP¥94.68 in 1Q 2022). Revenue: JP¥10.0b (up 21% from 1Q 2022). Net income: JP¥1.64b (up 27% from 1Q 2022). Profit margin: 16% (in line with 1Q 2022). Revenue is forecast to grow 7.7% 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 37% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 04Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥390 (up from JP¥331 in FY 2021). Revenue: JP¥34.4b (up 17% from FY 2021). Net income: JP¥5.33b (up 18% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 39% per year.
Reported Earnings • Jan 26Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥390 (up from JP¥331 in FY 2021). Revenue: JP¥34.4b (up 17% from FY 2021). Net income: JP¥5.33b (up 18% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 26Hioki E.E. Corporation, Annual General Meeting, Feb 27, 2023Hioki E.E. Corporation, Annual General Meeting, Feb 27, 2023.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 February 2023. Payout ratio is a comfortable 4.0% and the cash payout ratio is 84%. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).
お知らせ • Dec 06Hioki E.E. Corporation to Report Fiscal Year 2022 Results on Jan 25, 2023Hioki E.E. Corporation announced that they will report fiscal year 2022 results on Jan 25, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent External Director Sumio Ohtsuji was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Oct 26Price target decreased to JP¥8,100Down from JP¥8,800, the current price target is provided by 1 analyst. New target price is 19% above last closing price of JP¥6,790. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥398 for next year compared to JP¥331 last year.
Reported Earnings • Oct 18Third quarter 2022 earnings released: EPS: JP¥109 (vs JP¥70.42 in 3Q 2021)Third quarter 2022 results: EPS: JP¥109 (up from JP¥70.42 in 3Q 2021). Revenue: JP¥9.01b (up 31% from 3Q 2021). Net income: JP¥1.49b (up 55% from 3Q 2021). Profit margin: 17% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% 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 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 17Second quarter 2022 earnings released: EPS: JP¥88.70 (vs JP¥99.22 in 2Q 2021)Second quarter 2022 results: EPS: JP¥88.70 (down from JP¥99.22 in 2Q 2021). Revenue: JP¥7.60b (down 1.2% from 2Q 2021). Net income: JP¥1.21b (down 11% from 2Q 2021). Profit margin: 16% (down from 18% in 2Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 10% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 August 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
Major Estimate Revision • Apr 27Consensus revenue estimates increase by 11%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from JP¥31.4b to JP¥35.0b. EPS estimate increased from JP¥359 to JP¥414 per share. Net income forecast to grow 20% next year vs 7.8% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥8,000 to JP¥8,800. Share price was steady at JP¥7,780 over the past week.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent External Director Sumio Ohtsuji was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 19Hioki E.E. Corporation Provides Consolidated Earnings guidance for the Six Months Ending June 30, 2022 and for the Full Year Ending December 31, 2022Hioki E.E. Corporation provided consolidated earnings guidance for the six months ending June 30, 2022 and for the full year ending December 31, 2022. For six months, the company expected net sales to be JPY 17,000 million, operating profit to be JPY 3,570 million, profit attributable to owners of parent to be JPY 2,780 million and earnings per share to be JPY 203.71. For full year, the company expected net sales to be JPY 34,000 million, operating profit to be JPY 7,010 million, profit attributable to owners of parent to be JPY 5,410 million and earnings per share to be JPY 396.43.
お知らせ • Apr 18+ 1 more updateHioki E.E. Corporation Provides Dividend Guidance for the Year Ending December 31, 2022Hioki E.E. Corporation provided dividend guidance of JPY 80.00 per share for the year ending December 31, 2022 as compared to paid dividend of JPY 100.00 per share a year ago.
Reported Earnings • Apr 17First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: JP¥94.68 (up from JP¥79.04 in 1Q 2021). Revenue: JP¥8.29b (up 19% from 1Q 2021). Net income: JP¥1.29b (up 20% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 4.3%, compared to a 8.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 21% per year.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥7,740, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,574 per share.
Reported Earnings • Jan 26Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥331 (up from JP¥152 in FY 2020). Revenue: JP¥29.3b (up 35% from FY 2020). Net income: JP¥4.52b (up 118% from FY 2020). Profit margin: 15% (up from 9.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 7.4%, compared to a 9.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 February 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.1%).
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥7,710, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 112% over the past three years.
Reported Earnings • Oct 16Third quarter 2021 earnings released: EPS JP¥70.42 (vs JP¥15.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥6.90b (up 32% from 3Q 2020). Net income: JP¥961.0m (up 367% from 3Q 2020). Profit margin: 14% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥9,410, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 183% over the past three years.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥7,710, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 92% over the past three years.
Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS JP¥99.22 (vs JP¥48.47 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥7.69b (up 59% from 2Q 2020). Net income: JP¥1.35b (up 105% from 2Q 2020). Profit margin: 18% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥7,400, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 68% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 14 August 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (1.1%).
Reported Earnings • Apr 17First quarter 2021 earnings released: EPS JP¥79.04 (vs JP¥42.35 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥6.95b (up 19% from 1Q 2020). Net income: JP¥1.08b (up 87% from 1Q 2020). Profit margin: 16% (up from 9.9% in 1Q 2020). The increase in margin was driven by higher revenue. 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 6% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 24New 90-day low: JP¥3,660The company is down 8.0% from its price of JP¥4,000 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.
Analyst Estimate Surprise Post Earnings • Jan 26Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 6.2%, compared to a 6.6% growth forecast for the Electronic industry in Japan.
お知らせ • Jan 23+ 3 more updatesHioki E.E. Corporation, Annual General Meeting, Feb 25, 2021Hioki E.E. Corporation, Annual General Meeting, Feb 25, 2021.
Is New 90 Day High Low • Jan 12New 90-day high: JP¥4,340The company is up 16% from its price of JP¥3,745 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 21% over the same period.
