View ValuationCMK 将来の成長Future 基準チェック /06CMKの収益は年間6.5%で減少すると予測されていますが、年間収益は年間4.7%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に2.7% 6.5%なると予測されています。主要情報-6.5%収益成長率-6.46%EPS成長率Electronic 収益成長12.7%収益成長率4.7%将来の株主資本利益率2.75%アナリストカバレッジLow最終更新日17 Mar 2026今後の成長に関する最新情報Major Estimate Revision • Mar 18Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥53.30 to JP¥43.54 per share. Revenue forecast steady at JP¥98.7b. Net income forecast to shrink 2.1% next year vs 13% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥520 to JP¥640. Share price was steady at JP¥608 over the past week.Major Estimate Revision • Jan 20Consensus EPS estimates fall by 33%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥95.7b to JP¥97.5b. EPS estimate fell from JP¥47.00 to JP¥31.54 per share. Net income forecast to shrink 24% next year vs 11% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥370 to JP¥520. Share price was steady at JP¥530 over the past week.Major Estimate Revision • Sep 17Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥97.3b to JP¥95.7b. EPS estimate also fell from JP¥30.20 per share to JP¥25.30 per share. Net income forecast to shrink 22% next year vs 16% growth forecast for Electronic industry in Japan . Consensus price target of JP¥435 unchanged from last update. Share price was steady at JP¥350 over the past week.Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥28.10 to JP¥31.60. Revenue forecast steady at JP¥96.8b. Net income forecast to shrink 41% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥515 to JP¥435. Share price fell 3.3% to JP¥318 over the past week.Major Estimate Revision • May 23Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥100.3b to JP¥96.0b. EPS estimate also fell from JP¥47.72 per share to JP¥28.10 per share. Net income forecast to shrink 47% next year vs 10% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥615 to JP¥515. Share price fell 2.4% to JP¥331 over the past week.Price Target Changed • May 22Price target decreased by 17% to JP¥515Down from JP¥620, the current price target is an average from 2 analysts. New target price is 55% above last closing price of JP¥333. Stock is down 43% over the past year. The company is forecast to post earnings per share of JP¥28.10 for next year compared to JP¥53.18 last year.すべての更新を表示Recent updatesお知らせ • Apr 20CMK Corporation to Report Fiscal Year 2026 Results on May 14, 2026CMK Corporation announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 14, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Major Estimate Revision • Mar 18Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥53.30 to JP¥43.54 per share. Revenue forecast steady at JP¥98.7b. Net income forecast to shrink 2.1% next year vs 13% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥520 to JP¥640. Share price was steady at JP¥608 over the past week.New Risk • Feb 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.5% 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 3.5% 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 (6.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin).Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥23.47 (vs JP¥29.67 in 3Q 2025)Third quarter 2026 results: EPS: JP¥23.47 (down from JP¥29.67 in 3Q 2025). Revenue: JP¥25.8b (up 5.8% from 3Q 2025). Net income: JP¥1.67b (down 21% from 3Q 2025). Profit margin: 6.5% (down from 8.7% in 3Q 2025). Revenue is forecast to grow 4.5% 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 8% per year whereas the company’s share price has increased by 5% per year.Major Estimate Revision • Jan 20Consensus EPS estimates fall by 33%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥95.7b to JP¥97.5b. EPS estimate fell from JP¥47.00 to JP¥31.54 per share. Net income forecast to shrink 24% next year vs 11% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥370 to JP¥520. Share price was steady at JP¥530 over the past week.New Risk • Dec 25New 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 8.0% 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 (8.0% average weekly change). Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).お知らせ • Dec 23CMK Corporation to Report Q3, 2026 Results on Feb 06, 2026CMK Corporation announced that they will report Q3, 2026 results on Feb 06, 2026分析記事 • Nov 25Earnings Not Telling The Story For CMK Corporation (TSE:6958) After Shares Rise 32%Despite an already strong run, CMK Corporation ( TSE:6958 ) shares have been powering on, with a gain of 32% in the...New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% 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 0.9% 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 (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).分析記事 • Nov 13Weak Statutory Earnings May Not Tell The Whole Story For CMK (TSE:6958)Despite CMK Corporation's ( TSE:6958 ) recent earnings report having lackluster headline numbers, the market responded...Declared Dividend • Nov 07Dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (53% 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 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: JP¥19.81 (vs JP¥16.35 in 2Q 2025)Second quarter 2026 results: EPS: JP¥19.81 (up from JP¥16.35 in 2Q 2025). Revenue: JP¥24.4b (up 4.4% from 2Q 2025). Net income: JP¥1.41b (up 21% from 2Q 2025). Profit margin: 5.8% (up from 5.0% in 2Q 2025). Revenue is forecast to grow 4.8% 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 9% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.分析記事 • Nov 06Investors Will Want CMK's (TSE:6958) Growth In ROCE To PersistThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% 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 (7.0% average weekly change). Profit margins are more than 30% lower than last year (2.6% net profit margin).Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥453, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Electronic industry in Japan. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥400 per share.分析記事 • Oct 08There's No Escaping CMK Corporation's (TSE:6958) Muted EarningsCMK Corporation's ( TSE:6958 ) price-to-earnings (or "P/E") ratio of 11x might make it look like a buy right now...お知らせ • Sep 24CMK Corporation to Report Q2, 2026 Results on Nov 05, 2025CMK Corporation announced that they will report Q2, 2026 results on Nov 05, 2025Major Estimate Revision • Sep 17Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥97.3b to JP¥95.7b. EPS estimate also fell from JP¥30.20 per share to JP¥25.30 per share. Net income forecast to shrink 22% next year vs 16% growth forecast for Electronic industry in Japan . Consensus price target of JP¥435 unchanged from last update. Share price was steady at JP¥350 over the past week.New Risk • Aug 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.6% Last year net profit margin: 5.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.6% net profit margin).Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥1.12 (vs JP¥20.08 in 1Q 2025)First quarter 2026 results: EPS: JP¥1.12 (down from JP¥20.08 in 1Q 2025). Revenue: JP¥22.8b (flat on 1Q 2025). Net income: JP¥80.0m (down 94% from 1Q 2025). Profit margin: 0.4% (down from 6.3% in 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Jun 25CMK Corporation to Report Q1, 2026 Results on Aug 05, 2025CMK Corporation announced that they will report Q1, 2026 results on Aug 05, 2025Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥28.10 to JP¥31.60. Revenue forecast steady at JP¥96.8b. Net income forecast to shrink 41% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥515 to JP¥435. Share price fell 3.3% to JP¥318 over the past week.Major Estimate Revision • May 23Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥100.3b to JP¥96.0b. EPS estimate also fell from JP¥47.72 per share to JP¥28.10 per share. Net income forecast to shrink 47% next year vs 10% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥615 to JP¥515. Share price fell 2.4% to JP¥331 over the past week.Price Target Changed • May 22Price target decreased by 17% to JP¥515Down from JP¥620, the current price target is an average from 2 analysts. New target price is 55% above last closing price of JP¥333. Stock is down 43% over the past year. The company is forecast to post earnings per share of JP¥28.10 for next year compared to JP¥53.18 last year.New Risk • May 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.3% 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 7.3% 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 (7.8% average weekly change).Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥334, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥472 per share.Reported Earnings • May 15Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥53.18 (down from JP¥64.20 in FY 2024). Revenue: JP¥95.5b (up 5.4% from FY 2024). Net income: JP¥3.79b (down 1.7% from FY 2024). Profit margin: 4.0% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • May 13CMK Corporation, Annual General Meeting, Jun 25, 2025CMK Corporation, Annual General Meeting, Jun 25, 2025.分析記事 • Apr 07These 4 Measures Indicate That CMK (TSE:6958) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Apr 07Why Investors Shouldn't Be Surprised By CMK Corporation's (TSE:6958) 30% Share Price PlungeThe CMK Corporation ( TSE:6958 ) share price has fared very poorly over the last month, falling by a substantial 30...New Risk • Apr 07New 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 8.1% 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 (8.1% average weekly change). Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥352, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥562 per share.Buy Or Sell Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.2% to JP¥422. The fair value is estimated to be JP¥534, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 38% in the next 2 years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).分析記事 • Mar 21CMK (TSE:6958) Is Increasing Its Dividend To ¥20.00CMK Corporation ( TSE:6958 ) has announced that it will be increasing its dividend from last year's comparable payment...お知らせ • Mar 20CMK Corporation to Report Fiscal Year 2025 Results on May 13, 2025CMK Corporation announced that they will report fiscal year 2025 results on May 13, 2025Major Estimate Revision • Feb 14Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥93.2b to JP¥95.0b. EPS estimate increased from JP¥54.74 to JP¥64.60 per share. Net income forecast to shrink 41% next year vs 11% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥795 to JP¥645. Share price rose 9.6% to JP¥512 over the past week.New Risk • Feb 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding).Price Target Changed • Feb 13Price target decreased by 18% to JP¥645Down from JP¥785, the current price target is an average from 2 analysts. New target price is 23% above last closing price of JP¥524. Stock is down 29% over the past year. The company is forecast to post earnings per share of JP¥64.60 for next year compared to JP¥64.20 last year.分析記事 • Feb 12CMK (TSE:6958) Is Increasing Its Dividend To ¥20.00The board of CMK Corporation ( TSE:6958 ) has announced that it will be paying its dividend of ¥20.00 on the 27th of...分析記事 • Feb 10CMK Corporation's (TSE:6958) Share Price Boosted 33% But Its Business Prospects Need A Lift TooCMK Corporation ( TSE:6958 ) shares have had a really impressive month, gaining 33% after a shaky period beforehand...New Risk • Feb 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding).Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥29.67 (vs JP¥21.05 in 3Q 2024)Third quarter 2025 results: EPS: JP¥29.67 (up from JP¥21.05 in 3Q 2024). Revenue: JP¥24.4b (up 2.7% from 3Q 2024). Net income: JP¥2.11b (up 70% from 3Q 2024). Profit margin: 8.7% (up from 5.2% in 3Q 2024). Revenue is forecast to grow 6.1% 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 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥476, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Electronic industry in Japan. Total loss to shareholders of 5.3% over the past three years.分析記事 • Dec 21CMK's (TSE:6958) Dividend Is Being Reduced To ¥15.00CMK Corporation ( TSE:6958 ) has announced that on 27th of June, it will be paying a dividend of¥15.00, which a...お知らせ • Dec 21CMK Corporation to Report Q3, 2025 Results on Feb 07, 2025CMK Corporation announced that they will report Q3, 2025 results on Feb 07, 2025Major Estimate Revision • Nov 26Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥47.02 to JP¥53.34. Revenue forecast steady at JP¥93.2b. Net income forecast to shrink 30% next year vs 15% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥860 to JP¥785. Share price fell 6.0% to JP¥424 over the past week.Price Target Changed • Nov 25Price target decreased by 13% to JP¥785Down from JP¥900, the current price target is an average from 2 analysts. New target price is 80% above last closing price of JP¥437. Stock is down 39% over the past year. The company is forecast to post earnings per share of JP¥53.34 for next year compared to JP¥64.20 last year.分析記事 • Nov 21CMK's (TSE:6958) Solid Profits Have Weak FundamentalsUnsurprisingly, CMK Corporation's ( TSE:6958 ) stock price was strong on the back of its healthy earnings report...分析記事 • Nov 08CMK (TSE:6958) Has Announced That Its Dividend Will Be Reduced To ¥15.00CMK Corporation ( TSE:6958 ) is reducing its dividend from last year's comparable payment to ¥15.00 on the 27th of...Declared Dividend • Nov 08Dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (22% 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 13% per year over the past 9 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 • Nov 08Second quarter 2025 earnings released: EPS: JP¥16.35 (vs JP¥9.34 in 2Q 2024)Second quarter 2025 results: EPS: JP¥16.35 (up from JP¥9.34 in 2Q 2024). Revenue: JP¥23.4b (up 6.0% from 2Q 2024). Net income: JP¥1.17b (up 111% from 2Q 2024). Profit margin: 5.0% (up from 2.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% 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 32% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Sep 26CMK Corporation to Report Q2, 2025 Results on Nov 06, 2024CMK Corporation announced that they will report Q2, 2025 results on Nov 06, 2024Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥20.08 (vs JP¥3.48 in 1Q 2024)First quarter 2025 results: EPS: JP¥20.08 (up from JP¥3.48 in 1Q 2024). Revenue: JP¥22.9b (up 8.3% from 1Q 2024). Net income: JP¥1.43b (up JP¥1.22b from 1Q 2024). Profit margin: 6.3% (up from 1.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% 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 44% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 05CMK Corporation (TSE:6958) Stock's 34% Dive Might Signal An Opportunity But It Requires Some ScrutinyCMK Corporation ( TSE:6958 ) shareholders that were waiting for something to happen have been dealt a blow with a 34...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥393, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 4.4% over the past three years.分析記事 • Aug 02Here's Why CMK (TSE:6958) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Jun 26CMK Corporation to Report Q1, 2025 Results on Aug 09, 2024CMK Corporation announced that they will report Q1, 2025 results on Aug 09, 2024Major Estimate Revision • May 23Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from JP¥94.5b to JP¥96.0b. EPS estimate fell from JP¥62.54 to JP¥51.90 per share. Net income forecast to shrink 4.0% next year vs 14% growth forecast for Electronic industry in Japan . Consensus price target of JP¥800 unchanged from last update. Share price fell 3.6% to JP¥588 over the past week.分析記事 • May 22We Think That There Are Issues Underlying CMK's (TSE:6958) EarningsDespite posting some strong earnings, the market for CMK Corporation's ( TSE:6958 ) stock hasn't moved much. We did...Reported Earnings • May 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥64.20 (up from JP¥26.82 in FY 2023). Revenue: JP¥90.6b (up 8.0% from FY 2023). Net income: JP¥3.86b (up 143% from FY 2023). Profit margin: 4.3% (up from 1.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 52%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • May 15CMK Corporation, Annual General Meeting, Jun 26, 2024CMK Corporation, Annual General Meeting, Jun 26, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).分析記事 • Mar 21CMK (TSE:6958) Will Pay A Larger Dividend Than Last Year At ¥11.00CMK Corporation ( TSE:6958 ) will increase its dividend from last year's comparable payment on the 28th of June to...お知らせ • Mar 20CMK Corporation to Report Fiscal Year 2024 Results on May 13, 2024CMK Corporation announced that they will report fiscal year 2024 results on May 13, 2024New Risk • Mar 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 21x cash flows per share). Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding).Buy Or Sell Opportunity • Feb 27Now 22% overvaluedOver the last 90 days, the stock has fallen 18% to JP¥615. The fair value is estimated to be JP¥504, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 194% in the next 2 years.分析記事 • Feb 26CMK's (TSE:6958) Upcoming Dividend Will Be Larger Than Last Year'sCMK Corporation's ( TSE:6958 ) dividend will be increasing from last year's payment of the same period to ¥11.00 on...Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥607, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 45% over the past three years.Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥21.05 (vs JP¥16.04 in 3Q 2023)Third quarter 2024 results: EPS: JP¥21.05 (up from JP¥16.04 in 3Q 2023). Revenue: JP¥23.8b (up 10% from 3Q 2023). Net income: JP¥1.25b (up 31% from 3Q 2023). Profit margin: 5.2% (up from 4.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥830, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 115% over the past three years.お知らせ • Dec 17CMK Corporation to Report Q3, 2024 Results on Feb 07, 2024CMK Corporation announced that they will report Q3, 2024 results on Feb 07, 2024Price Target Changed • Nov 22Price target increased by 13% to JP¥960Up from JP¥850, the current price target is provided by 1 analyst. New target price is 41% above last closing price of JP¥683. Stock is up 14% over the past year. The company is forecast to post earnings per share of JP¥44.75 for next year compared to JP¥26.82 last year.Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥9.34 (vs JP¥10.74 in 2Q 2023)Second quarter 2024 results: EPS: JP¥9.34 (down from JP¥10.74 in 2Q 2023). Revenue: JP¥22.1b (up 4.0% from 2Q 2023). Net income: JP¥553.0m (down 13% from 2Q 2023). Profit margin: 2.5% (down from 3.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 15CMK Corporation to Report Q2, 2024 Results on Nov 06, 2023CMK Corporation announced that they will report Q2, 2024 results on Nov 06, 2023Major Estimate Revision • Aug 19Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥86.0b to JP¥87.0b. EPS estimate increased from JP¥40.50 to JP¥47.30 per share. Net income forecast to grow 140% next year vs 6.4% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥850 to JP¥900. Share price rose 5.1% to JP¥573 over the past week.Reported Earnings • Aug 06First quarter 2024 earnings released: EPS: JP¥3.48 (vs JP¥7.30 in 1Q 2023)First quarter 2024 results: EPS: JP¥3.48 (down from JP¥7.30 in 1Q 2023). Revenue: JP¥21.1b (up 7.0% from 1Q 2023). Net income: JP¥206.0m (down 52% from 1Q 2023). Profit margin: 1.0% (down from 2.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% 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 95% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 03Now 20% undervaluedOver the last 90 days, the stock is up 5.5%. The fair value is estimated to be JP¥626, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 43% per annum over the same time period.お知らせ • Jun 22CMK Corporation to Report Q1, 2024 Results on Aug 04, 2023CMK Corporation announced that they will report Q1, 2024 results on Aug 04, 2023Major Estimate Revision • Jun 01Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥87.0b to JP¥86.0b. EPS estimate also fell from JP¥57.40 per share to JP¥40.50 per share. Net income forecast to grow 51% next year vs 4.0% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥770 to JP¥850. Share price rose 5.8% to JP¥489 over the past week.Buying Opportunity • May 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be JP¥613, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 10.0% in 2 years. Earnings is forecast to grow by 215% in the next 2 years.Reported Earnings • May 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥26.82 (down from JP¥47.05 in FY 2022). Revenue: JP¥83.8b (up 2.9% from FY 2022). Net income: JP¥1.59b (down 43% from FY 2022). Profit margin: 1.9% (down from 3.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • May 13+ 3 more updatesCMK Corporation Announces Dividend for the Year Ended March 31, 2023, Payable on June 28, 2023CMK Corporation announced dividend of JPY 8.50 for the year ended March 31, 2023. scheduled date of dividend payments of June 28, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥11.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Major Estimate Revision • Feb 23Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥43.10 to JP¥37.70 per share. Revenue forecast steady at JP¥83.8b. Net income forecast to shrink 11% next year vs 6.1% growth forecast for Electronic industry in Japan . Consensus price target of JP¥770 unchanged from last update. Share price fell 2.5% to JP¥497 over the past week.Reported Earnings • Feb 08Third quarter 2023 earnings released: EPS: JP¥16.04 (vs JP¥21.93 in 3Q 2022)Third quarter 2023 results: EPS: JP¥16.04 (down from JP¥21.93 in 3Q 2022). Revenue: JP¥21.6b (flat on 3Q 2022). Net income: JP¥950.0m (down 27% from 3Q 2022). Profit margin: 4.4% (down from 6.0% in 3Q 2022). Revenue is forecast to grow 5.1% 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 86% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Feb 08+ 1 more updateCMK Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023CMK Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of JPY 82,000 million, operating income of JPY 3,000 million, profit attributable to owners of parent of JPY 2,100 million and net income per share of JPY 35.48.お知らせ • Dec 16CMK Corporation to Report Q3, 2023 Results on Feb 07, 2023CMK Corporation announced that they will report Q3, 2023 results on Feb 07, 2023Price Target Changed • Nov 19Price target increased to JP¥770Up from JP¥710, the current price target is an average from 2 analysts. New target price is 34% above last closing price of JP¥576. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥44.35 for next year compared to JP¥47.05 last year.Reported Earnings • Nov 17Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: JP¥21.2b (up 11% from 2Q 2022). Net income: JP¥636.0m (up JP¥688.0m from 2Q 2022). Profit margin: 3.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.7% 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 50% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Price Target Changed • Nov 16Price target decreased to JP¥710Down from JP¥800, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥586. Stock is up 12% over the past year. The company is forecast to post earnings per share of JP¥44.75 for next year compared to JP¥47.05 last year.Board Change • Nov 16Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Tsuyoshi Ukyo is the most experienced director on the board, commencing their role in 2015. Independent Outside Director Mitsuru Kaitoh was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥10.74 (vs JP¥0.88 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥10.74 (up from JP¥0.88 loss in 2Q 2022). Revenue: JP¥21.2b (up 11% from 2Q 2022). Net income: JP¥636.0m (up JP¥688.0m from 2Q 2022). Profit margin: 3.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.7% 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 63% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Nov 07CMK Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023CMK Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the period, the company expects net sales of JPY 82,000 million, operating income of JPY 3,000 million, profit attributable to owners of parent of JPY 2,100 million and net income per share of JPY 35.48.業績と収益の成長予測TSE:6958 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2028108,4502,400N/AN/A23/31/2027103,4501,900N/AN/A23/31/202698,7173,104N/AN/A212/31/202597,8462,245N/AN/AN/A9/30/202596,4222,686-6,9715,755N/A6/30/202595,3942,439N/AN/AN/A3/31/202595,4863,789-9,8759,058N/A12/31/202494,2716,558N/AN/AN/A9/30/202493,6285,691-10,97810,828N/A6/30/202492,3125,079N/AN/AN/A3/31/202490,5683,855-6,5319,440N/A12/31/202388,2551,576N/AN/AN/A9/30/202386,0681,279339,624N/A6/30/202385,2141,362N/AN/AN/A3/31/202383,8401,588-5206,245N/A12/31/202283,8523,492N/AN/AN/A9/30/202283,7973,840-4,555626N/A6/30/202281,7583,152N/AN/AN/A3/31/202281,4862,785-3,7712,476N/A12/31/202179,8521,605N/AN/AN/A9/30/202176,544-107-9125,084N/A6/30/202173,007-1,634N/AN/AN/A3/31/202169,967-1,868-3643,420N/A12/31/202069,540-3,900N/AN/AN/A9/30/202071,738-3,163-1,4212,558N/A6/30/202077,749-1,223N/AN/AN/A3/31/202082,619-1,128-2,7375,576N/A12/31/201985,8791,118N/AN/AN/A9/30/201988,4421,123N/A8,487N/A6/30/201989,4651,702N/AN/AN/A3/31/201990,2302,015N/A7,013N/A12/31/201890,3392,513N/AN/AN/A9/30/201889,6823,187N/A6,309N/A6/30/201888,1573,007N/AN/AN/A3/31/201886,8943,638N/A5,520N/A12/31/201784,9523,460N/AN/AN/A9/30/201781,5662,981N/A5,606N/A6/30/201778,5072,832N/AN/AN/A3/31/201775,3702,153N/A5,226N/A12/31/201673,3821,446N/AN/AN/A9/30/201672,9341,165N/A3,412N/A6/30/201673,271-7,458N/AN/AN/A3/31/201673,098-8,122N/A5,210N/A12/31/201573,722-7,354N/AN/AN/A9/30/201574,283-7,378N/A4,170N/A6/30/201573,962872N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6958の収益は今後 3 年間で減少すると予測されています (年間-6.5% )。収益対市場: 6958の収益は今後 3 年間で減少すると予測されています (年間-6.5% )。高成長収益: 6958の収益は今後 3 年間で減少すると予測されています。収益対市場: 6958の収益 ( 4.7% ) JP市場 ( 5.9% ) よりも低い成長が予測されています。高い収益成長: 6958の収益 ( 4.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6958の 自己資本利益率 は、3年後には低くなると予測されています ( 2.7 %)。成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 20:04終値2026/05/07 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CMK 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。6 アナリスト機関Masashi KubotaBofA Global ResearchKoichi HariyaIchiyoshi Research Institute Inc.Sota HarashimaMorgan Stanley3 その他のアナリストを表示
Major Estimate Revision • Mar 18Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥53.30 to JP¥43.54 per share. Revenue forecast steady at JP¥98.7b. Net income forecast to shrink 2.1% next year vs 13% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥520 to JP¥640. Share price was steady at JP¥608 over the past week.
Major Estimate Revision • Jan 20Consensus EPS estimates fall by 33%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥95.7b to JP¥97.5b. EPS estimate fell from JP¥47.00 to JP¥31.54 per share. Net income forecast to shrink 24% next year vs 11% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥370 to JP¥520. Share price was steady at JP¥530 over the past week.
Major Estimate Revision • Sep 17Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥97.3b to JP¥95.7b. EPS estimate also fell from JP¥30.20 per share to JP¥25.30 per share. Net income forecast to shrink 22% next year vs 16% growth forecast for Electronic industry in Japan . Consensus price target of JP¥435 unchanged from last update. Share price was steady at JP¥350 over the past week.
Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥28.10 to JP¥31.60. Revenue forecast steady at JP¥96.8b. Net income forecast to shrink 41% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥515 to JP¥435. Share price fell 3.3% to JP¥318 over the past week.
Major Estimate Revision • May 23Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥100.3b to JP¥96.0b. EPS estimate also fell from JP¥47.72 per share to JP¥28.10 per share. Net income forecast to shrink 47% next year vs 10% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥615 to JP¥515. Share price fell 2.4% to JP¥331 over the past week.
Price Target Changed • May 22Price target decreased by 17% to JP¥515Down from JP¥620, the current price target is an average from 2 analysts. New target price is 55% above last closing price of JP¥333. Stock is down 43% over the past year. The company is forecast to post earnings per share of JP¥28.10 for next year compared to JP¥53.18 last year.
お知らせ • Apr 20CMK Corporation to Report Fiscal Year 2026 Results on May 14, 2026CMK Corporation announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 14, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Major Estimate Revision • Mar 18Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥53.30 to JP¥43.54 per share. Revenue forecast steady at JP¥98.7b. Net income forecast to shrink 2.1% next year vs 13% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥520 to JP¥640. Share price was steady at JP¥608 over the past week.
New Risk • Feb 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.5% 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 3.5% 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 (6.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin).
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥23.47 (vs JP¥29.67 in 3Q 2025)Third quarter 2026 results: EPS: JP¥23.47 (down from JP¥29.67 in 3Q 2025). Revenue: JP¥25.8b (up 5.8% from 3Q 2025). Net income: JP¥1.67b (down 21% from 3Q 2025). Profit margin: 6.5% (down from 8.7% in 3Q 2025). Revenue is forecast to grow 4.5% 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 8% per year whereas the company’s share price has increased by 5% per year.
Major Estimate Revision • Jan 20Consensus EPS estimates fall by 33%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥95.7b to JP¥97.5b. EPS estimate fell from JP¥47.00 to JP¥31.54 per share. Net income forecast to shrink 24% next year vs 11% growth forecast for Electronic industry in Japan . Consensus price target up from JP¥370 to JP¥520. Share price was steady at JP¥530 over the past week.
New Risk • Dec 25New 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 8.0% 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 (8.0% average weekly change). Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).
お知らせ • Dec 23CMK Corporation to Report Q3, 2026 Results on Feb 06, 2026CMK Corporation announced that they will report Q3, 2026 results on Feb 06, 2026
分析記事 • Nov 25Earnings Not Telling The Story For CMK Corporation (TSE:6958) After Shares Rise 32%Despite an already strong run, CMK Corporation ( TSE:6958 ) shares have been powering on, with a gain of 32% in the...
New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% 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 0.9% 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 (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).
分析記事 • Nov 13Weak Statutory Earnings May Not Tell The Whole Story For CMK (TSE:6958)Despite CMK Corporation's ( TSE:6958 ) recent earnings report having lackluster headline numbers, the market responded...
Declared Dividend • Nov 07Dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (53% 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 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: JP¥19.81 (vs JP¥16.35 in 2Q 2025)Second quarter 2026 results: EPS: JP¥19.81 (up from JP¥16.35 in 2Q 2025). Revenue: JP¥24.4b (up 4.4% from 2Q 2025). Net income: JP¥1.41b (up 21% from 2Q 2025). Profit margin: 5.8% (up from 5.0% in 2Q 2025). Revenue is forecast to grow 4.8% 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 9% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
分析記事 • Nov 06Investors Will Want CMK's (TSE:6958) Growth In ROCE To PersistThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% 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 (7.0% average weekly change). Profit margins are more than 30% lower than last year (2.6% net profit margin).
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥453, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Electronic industry in Japan. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥400 per share.
分析記事 • Oct 08There's No Escaping CMK Corporation's (TSE:6958) Muted EarningsCMK Corporation's ( TSE:6958 ) price-to-earnings (or "P/E") ratio of 11x might make it look like a buy right now...
お知らせ • Sep 24CMK Corporation to Report Q2, 2026 Results on Nov 05, 2025CMK Corporation announced that they will report Q2, 2026 results on Nov 05, 2025
Major Estimate Revision • Sep 17Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥97.3b to JP¥95.7b. EPS estimate also fell from JP¥30.20 per share to JP¥25.30 per share. Net income forecast to shrink 22% next year vs 16% growth forecast for Electronic industry in Japan . Consensus price target of JP¥435 unchanged from last update. Share price was steady at JP¥350 over the past week.
New Risk • Aug 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.6% Last year net profit margin: 5.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.6% net profit margin).
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥1.12 (vs JP¥20.08 in 1Q 2025)First quarter 2026 results: EPS: JP¥1.12 (down from JP¥20.08 in 1Q 2025). Revenue: JP¥22.8b (flat on 1Q 2025). Net income: JP¥80.0m (down 94% from 1Q 2025). Profit margin: 0.4% (down from 6.3% in 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Jun 25CMK Corporation to Report Q1, 2026 Results on Aug 05, 2025CMK Corporation announced that they will report Q1, 2026 results on Aug 05, 2025
Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥28.10 to JP¥31.60. Revenue forecast steady at JP¥96.8b. Net income forecast to shrink 41% next year vs 7.0% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥515 to JP¥435. Share price fell 3.3% to JP¥318 over the past week.
Major Estimate Revision • May 23Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥100.3b to JP¥96.0b. EPS estimate also fell from JP¥47.72 per share to JP¥28.10 per share. Net income forecast to shrink 47% next year vs 10% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥615 to JP¥515. Share price fell 2.4% to JP¥331 over the past week.
Price Target Changed • May 22Price target decreased by 17% to JP¥515Down from JP¥620, the current price target is an average from 2 analysts. New target price is 55% above last closing price of JP¥333. Stock is down 43% over the past year. The company is forecast to post earnings per share of JP¥28.10 for next year compared to JP¥53.18 last year.
New Risk • May 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.3% 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 7.3% 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 (7.8% average weekly change).
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥334, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥472 per share.
Reported Earnings • May 15Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥53.18 (down from JP¥64.20 in FY 2024). Revenue: JP¥95.5b (up 5.4% from FY 2024). Net income: JP¥3.79b (down 1.7% from FY 2024). Profit margin: 4.0% (down from 4.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • May 13CMK Corporation, Annual General Meeting, Jun 25, 2025CMK Corporation, Annual General Meeting, Jun 25, 2025.
分析記事 • Apr 07These 4 Measures Indicate That CMK (TSE:6958) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Apr 07Why Investors Shouldn't Be Surprised By CMK Corporation's (TSE:6958) 30% Share Price PlungeThe CMK Corporation ( TSE:6958 ) share price has fared very poorly over the last month, falling by a substantial 30...
New Risk • Apr 07New 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 8.1% 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 (8.1% average weekly change). Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥352, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥562 per share.
Buy Or Sell Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.2% to JP¥422. The fair value is estimated to be JP¥534, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 38% in the next 2 years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
分析記事 • Mar 21CMK (TSE:6958) Is Increasing Its Dividend To ¥20.00CMK Corporation ( TSE:6958 ) has announced that it will be increasing its dividend from last year's comparable payment...
お知らせ • Mar 20CMK Corporation to Report Fiscal Year 2025 Results on May 13, 2025CMK Corporation announced that they will report fiscal year 2025 results on May 13, 2025
Major Estimate Revision • Feb 14Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥93.2b to JP¥95.0b. EPS estimate increased from JP¥54.74 to JP¥64.60 per share. Net income forecast to shrink 41% next year vs 11% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥795 to JP¥645. Share price rose 9.6% to JP¥512 over the past week.
New Risk • Feb 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding).
Price Target Changed • Feb 13Price target decreased by 18% to JP¥645Down from JP¥785, the current price target is an average from 2 analysts. New target price is 23% above last closing price of JP¥524. Stock is down 29% over the past year. The company is forecast to post earnings per share of JP¥64.60 for next year compared to JP¥64.20 last year.
分析記事 • Feb 12CMK (TSE:6958) Is Increasing Its Dividend To ¥20.00The board of CMK Corporation ( TSE:6958 ) has announced that it will be paying its dividend of ¥20.00 on the 27th of...
分析記事 • Feb 10CMK Corporation's (TSE:6958) Share Price Boosted 33% But Its Business Prospects Need A Lift TooCMK Corporation ( TSE:6958 ) shares have had a really impressive month, gaining 33% after a shaky period beforehand...
New Risk • Feb 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding).
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥29.67 (vs JP¥21.05 in 3Q 2024)Third quarter 2025 results: EPS: JP¥29.67 (up from JP¥21.05 in 3Q 2024). Revenue: JP¥24.4b (up 2.7% from 3Q 2024). Net income: JP¥2.11b (up 70% from 3Q 2024). Profit margin: 8.7% (up from 5.2% in 3Q 2024). Revenue is forecast to grow 6.1% 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 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥476, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Electronic industry in Japan. Total loss to shareholders of 5.3% over the past three years.
分析記事 • Dec 21CMK's (TSE:6958) Dividend Is Being Reduced To ¥15.00CMK Corporation ( TSE:6958 ) has announced that on 27th of June, it will be paying a dividend of¥15.00, which a...
お知らせ • Dec 21CMK Corporation to Report Q3, 2025 Results on Feb 07, 2025CMK Corporation announced that they will report Q3, 2025 results on Feb 07, 2025
Major Estimate Revision • Nov 26Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥47.02 to JP¥53.34. Revenue forecast steady at JP¥93.2b. Net income forecast to shrink 30% next year vs 15% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥860 to JP¥785. Share price fell 6.0% to JP¥424 over the past week.
Price Target Changed • Nov 25Price target decreased by 13% to JP¥785Down from JP¥900, the current price target is an average from 2 analysts. New target price is 80% above last closing price of JP¥437. Stock is down 39% over the past year. The company is forecast to post earnings per share of JP¥53.34 for next year compared to JP¥64.20 last year.
分析記事 • Nov 21CMK's (TSE:6958) Solid Profits Have Weak FundamentalsUnsurprisingly, CMK Corporation's ( TSE:6958 ) stock price was strong on the back of its healthy earnings report...
分析記事 • Nov 08CMK (TSE:6958) Has Announced That Its Dividend Will Be Reduced To ¥15.00CMK Corporation ( TSE:6958 ) is reducing its dividend from last year's comparable payment to ¥15.00 on the 27th of...
Declared Dividend • Nov 08Dividend of JP¥15.00 announcedShareholders will receive a dividend of JP¥15.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (22% 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 13% per year over the past 9 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 • Nov 08Second quarter 2025 earnings released: EPS: JP¥16.35 (vs JP¥9.34 in 2Q 2024)Second quarter 2025 results: EPS: JP¥16.35 (up from JP¥9.34 in 2Q 2024). Revenue: JP¥23.4b (up 6.0% from 2Q 2024). Net income: JP¥1.17b (up 111% from 2Q 2024). Profit margin: 5.0% (up from 2.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% 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 32% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Sep 26CMK Corporation to Report Q2, 2025 Results on Nov 06, 2024CMK Corporation announced that they will report Q2, 2025 results on Nov 06, 2024
Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥20.08 (vs JP¥3.48 in 1Q 2024)First quarter 2025 results: EPS: JP¥20.08 (up from JP¥3.48 in 1Q 2024). Revenue: JP¥22.9b (up 8.3% from 1Q 2024). Net income: JP¥1.43b (up JP¥1.22b from 1Q 2024). Profit margin: 6.3% (up from 1.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% 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 44% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 05CMK Corporation (TSE:6958) Stock's 34% Dive Might Signal An Opportunity But It Requires Some ScrutinyCMK Corporation ( TSE:6958 ) shareholders that were waiting for something to happen have been dealt a blow with a 34...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to JP¥393, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 4.4% over the past three years.
分析記事 • Aug 02Here's Why CMK (TSE:6958) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Jun 26CMK Corporation to Report Q1, 2025 Results on Aug 09, 2024CMK Corporation announced that they will report Q1, 2025 results on Aug 09, 2024
Major Estimate Revision • May 23Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from JP¥94.5b to JP¥96.0b. EPS estimate fell from JP¥62.54 to JP¥51.90 per share. Net income forecast to shrink 4.0% next year vs 14% growth forecast for Electronic industry in Japan . Consensus price target of JP¥800 unchanged from last update. Share price fell 3.6% to JP¥588 over the past week.
分析記事 • May 22We Think That There Are Issues Underlying CMK's (TSE:6958) EarningsDespite posting some strong earnings, the market for CMK Corporation's ( TSE:6958 ) stock hasn't moved much. We did...
Reported Earnings • May 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥64.20 (up from JP¥26.82 in FY 2023). Revenue: JP¥90.6b (up 8.0% from FY 2023). Net income: JP¥3.86b (up 143% from FY 2023). Profit margin: 4.3% (up from 1.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 52%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • May 15CMK Corporation, Annual General Meeting, Jun 26, 2024CMK Corporation, Annual General Meeting, Jun 26, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
分析記事 • Mar 21CMK (TSE:6958) Will Pay A Larger Dividend Than Last Year At ¥11.00CMK Corporation ( TSE:6958 ) will increase its dividend from last year's comparable payment on the 28th of June to...
お知らせ • Mar 20CMK Corporation to Report Fiscal Year 2024 Results on May 13, 2024CMK Corporation announced that they will report fiscal year 2024 results on May 13, 2024
New Risk • Mar 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 21x cash flows per share). Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding).
Buy Or Sell Opportunity • Feb 27Now 22% overvaluedOver the last 90 days, the stock has fallen 18% to JP¥615. The fair value is estimated to be JP¥504, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 194% in the next 2 years.
分析記事 • Feb 26CMK's (TSE:6958) Upcoming Dividend Will Be Larger Than Last Year'sCMK Corporation's ( TSE:6958 ) dividend will be increasing from last year's payment of the same period to ¥11.00 on...
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥607, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Electronic industry in Japan. Total returns to shareholders of 45% over the past three years.
Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥21.05 (vs JP¥16.04 in 3Q 2023)Third quarter 2024 results: EPS: JP¥21.05 (up from JP¥16.04 in 3Q 2023). Revenue: JP¥23.8b (up 10% from 3Q 2023). Net income: JP¥1.25b (up 31% from 3Q 2023). Profit margin: 5.2% (up from 4.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥830, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 115% over the past three years.
お知らせ • Dec 17CMK Corporation to Report Q3, 2024 Results on Feb 07, 2024CMK Corporation announced that they will report Q3, 2024 results on Feb 07, 2024
Price Target Changed • Nov 22Price target increased by 13% to JP¥960Up from JP¥850, the current price target is provided by 1 analyst. New target price is 41% above last closing price of JP¥683. Stock is up 14% over the past year. The company is forecast to post earnings per share of JP¥44.75 for next year compared to JP¥26.82 last year.
Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥9.34 (vs JP¥10.74 in 2Q 2023)Second quarter 2024 results: EPS: JP¥9.34 (down from JP¥10.74 in 2Q 2023). Revenue: JP¥22.1b (up 4.0% from 2Q 2023). Net income: JP¥553.0m (down 13% from 2Q 2023). Profit margin: 2.5% (down from 3.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 15CMK Corporation to Report Q2, 2024 Results on Nov 06, 2023CMK Corporation announced that they will report Q2, 2024 results on Nov 06, 2023
Major Estimate Revision • Aug 19Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥86.0b to JP¥87.0b. EPS estimate increased from JP¥40.50 to JP¥47.30 per share. Net income forecast to grow 140% next year vs 6.4% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥850 to JP¥900. Share price rose 5.1% to JP¥573 over the past week.
Reported Earnings • Aug 06First quarter 2024 earnings released: EPS: JP¥3.48 (vs JP¥7.30 in 1Q 2023)First quarter 2024 results: EPS: JP¥3.48 (down from JP¥7.30 in 1Q 2023). Revenue: JP¥21.1b (up 7.0% from 1Q 2023). Net income: JP¥206.0m (down 52% from 1Q 2023). Profit margin: 1.0% (down from 2.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% 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 95% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 03Now 20% undervaluedOver the last 90 days, the stock is up 5.5%. The fair value is estimated to be JP¥626, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 43% per annum over the same time period.
お知らせ • Jun 22CMK Corporation to Report Q1, 2024 Results on Aug 04, 2023CMK Corporation announced that they will report Q1, 2024 results on Aug 04, 2023
Major Estimate Revision • Jun 01Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥87.0b to JP¥86.0b. EPS estimate also fell from JP¥57.40 per share to JP¥40.50 per share. Net income forecast to grow 51% next year vs 4.0% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥770 to JP¥850. Share price rose 5.8% to JP¥489 over the past week.
Buying Opportunity • May 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be JP¥613, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 10.0% in 2 years. Earnings is forecast to grow by 215% in the next 2 years.
Reported Earnings • May 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥26.82 (down from JP¥47.05 in FY 2022). Revenue: JP¥83.8b (up 2.9% from FY 2022). Net income: JP¥1.59b (down 43% from FY 2022). Profit margin: 1.9% (down from 3.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13+ 3 more updatesCMK Corporation Announces Dividend for the Year Ended March 31, 2023, Payable on June 28, 2023CMK Corporation announced dividend of JPY 8.50 for the year ended March 31, 2023. scheduled date of dividend payments of June 28, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥11.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Major Estimate Revision • Feb 23Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥43.10 to JP¥37.70 per share. Revenue forecast steady at JP¥83.8b. Net income forecast to shrink 11% next year vs 6.1% growth forecast for Electronic industry in Japan . Consensus price target of JP¥770 unchanged from last update. Share price fell 2.5% to JP¥497 over the past week.
Reported Earnings • Feb 08Third quarter 2023 earnings released: EPS: JP¥16.04 (vs JP¥21.93 in 3Q 2022)Third quarter 2023 results: EPS: JP¥16.04 (down from JP¥21.93 in 3Q 2022). Revenue: JP¥21.6b (flat on 3Q 2022). Net income: JP¥950.0m (down 27% from 3Q 2022). Profit margin: 4.4% (down from 6.0% in 3Q 2022). Revenue is forecast to grow 5.1% 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 86% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Feb 08+ 1 more updateCMK Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023CMK Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of JPY 82,000 million, operating income of JPY 3,000 million, profit attributable to owners of parent of JPY 2,100 million and net income per share of JPY 35.48.
お知らせ • Dec 16CMK Corporation to Report Q3, 2023 Results on Feb 07, 2023CMK Corporation announced that they will report Q3, 2023 results on Feb 07, 2023
Price Target Changed • Nov 19Price target increased to JP¥770Up from JP¥710, the current price target is an average from 2 analysts. New target price is 34% above last closing price of JP¥576. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥44.35 for next year compared to JP¥47.05 last year.
Reported Earnings • Nov 17Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: JP¥21.2b (up 11% from 2Q 2022). Net income: JP¥636.0m (up JP¥688.0m from 2Q 2022). Profit margin: 3.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.7% 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 50% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Price Target Changed • Nov 16Price target decreased to JP¥710Down from JP¥800, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥586. Stock is up 12% over the past year. The company is forecast to post earnings per share of JP¥44.75 for next year compared to JP¥47.05 last year.
Board Change • Nov 16Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Tsuyoshi Ukyo is the most experienced director on the board, commencing their role in 2015. Independent Outside Director Mitsuru Kaitoh was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥10.74 (vs JP¥0.88 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥10.74 (up from JP¥0.88 loss in 2Q 2022). Revenue: JP¥21.2b (up 11% from 2Q 2022). Net income: JP¥636.0m (up JP¥688.0m from 2Q 2022). Profit margin: 3.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.7% 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 63% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Nov 07CMK Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023CMK Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the period, the company expects net sales of JPY 82,000 million, operating income of JPY 3,000 million, profit attributable to owners of parent of JPY 2,100 million and net income per share of JPY 35.48.