View Past PerformanceHakuto バランスシートの健全性財務の健全性 基準チェック /36Hakutoの総株主資本は¥69.8B 、総負債は¥57.4Bで、負債比率は82.2%となります。総資産と総負債はそれぞれ¥164.5Bと¥94.7Bです。 Hakutoの EBIT は¥6.1Bで、利息カバレッジ比率88.1です。現金および短期投資は¥19.0Bです。主要情報82.17%負債資本比率JP¥57.38b負債インタレスト・カバレッジ・レシオ88.1x現金JP¥18.96bエクイティJP¥69.83b負債合計JP¥94.65b総資産JP¥164.48b財務の健全性に関する最新情報分析記事 • Apr 04These 4 Measures Indicate That Hakuto (TSE:7433) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...すべての更新を表示Recent updatesBuy Or Sell Opportunity • May 19Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to JP¥4,505. The fair value is estimated to be JP¥5,641, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has declined by 17%.New Risk • May 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.お知らせ • May 13Hakuto Co., Ltd., Annual General Meeting, Jun 24, 2026Hakuto Co., Ltd., Annual General Meeting, Jun 24, 2026.New Risk • May 13New major risk - Revenue and earnings growthEarnings have declined by 0.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥266 (vs JP¥273 in FY 2025)Full year 2026 results: EPS: JP¥266 (down from JP¥273 in FY 2025). Revenue: JP¥181.2b (down 1.1% from FY 2025). Net income: JP¥5.01b (down 2.4% from FY 2025). Profit margin: 2.8% (in line with FY 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • May 10Hakuto Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Hakuto Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 04 June 2026. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).分析記事 • Feb 09Earnings Troubles May Signal Larger Issues for Hakuto (TSE:7433) ShareholdersThe market rallied behind Hakuto Co., Ltd.'s ( TSE:7433 ) stock, leading do a rise in the share price after its recent...分析記事 • Feb 06Hakuto's (TSE:7433) Dividend Will Be ¥100.00The board of Hakuto Co., Ltd. ( TSE:7433 ) has announced that it will pay a dividend of ¥100.00 per share on the 4th of...お知らせ • Feb 06Hakuto Co., Ltd. (TSE:7433) entered into an agreement to acquire 76% stake in Rabyte Pte. Ltd. from Batra Arjun and Sunil Dhar.Hakuto Co., Ltd. (TSE:7433) entered into an agreement to acquire 76% stake in Rabyte Pte. Ltd. from Batra Arjun and Sunil Dhar on February 5, 2026. Hakuto Co., Ltd. will acquire 1,140,000 shares in Rabyte Pte. Ltd. For the period ending March 31, 2025, Rabyte Pte. Ltd. reported total revenue of SGD 152.72 million. As of March 31, 2025, Rabyte Pte. Ltd. reported total assets of SGD 87.82 million and total common equity of SGD 35.64 million. The expected completion of the transaction in February 2026.Reported Earnings • Jan 30Third quarter 2026 earnings released: EPS: JP¥118 (vs JP¥90.77 in 3Q 2025)Third quarter 2026 results: EPS: JP¥118 (up from JP¥90.77 in 3Q 2025). Revenue: JP¥52.3b (up 2.2% from 3Q 2025). Net income: JP¥2.23b (up 30% from 3Q 2025). Profit margin: 4.3% (up from 3.3% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.分析記事 • Dec 27Hakuto (TSE:7433) Will Pay A Dividend Of ¥100.00Hakuto Co., Ltd.'s ( TSE:7433 ) investors are due to receive a payment of ¥100.00 per share on 4th of June. This means...お知らせ • Dec 27Hakuto Co., Ltd. to Report Q3, 2026 Results on Jan 29, 2026Hakuto Co., Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026分析記事 • Dec 07Hakuto (TSE:7433) Will Pay A Dividend Of ¥100.00Hakuto Co., Ltd. ( TSE:7433 ) has announced that it will pay a dividend of ¥100.00 per share on the 4th of June...Declared Dividend • Dec 06First half dividend of JP¥100.00 announcedShareholders will receive a dividend of JP¥100.00. Ex-date: 30th March 2026 Payment date: 4th June 2026 Dividend yield will be 5.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is well covered by cash flows (28% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.4% to bring the payout ratio under control, which is less than the 30% EPS growth achieved over the last 5 years.Reported Earnings • Oct 31Second quarter 2026 earnings released: EPS: JP¥71.65 (vs JP¥55.00 in 2Q 2025)Second quarter 2026 results: EPS: JP¥71.65 (up from JP¥55.00 in 2Q 2025). Revenue: JP¥43.4b (down 8.3% from 2Q 2025). Net income: JP¥1.35b (up 30% from 2Q 2025). Profit margin: 3.1% (up from 2.2% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.分析記事 • Sep 28Hakuto (TSE:7433) Is Reducing Its Dividend To ¥100.00Hakuto Co., Ltd. ( TSE:7433 ) is reducing its dividend from last year's comparable payment to ¥100.00 on the 8th of...お知らせ • Sep 27Hakuto Co., Ltd. to Report Q2, 2026 Results on Oct 30, 2025Hakuto Co., Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025Upcoming Dividend • Sep 22Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).分析記事 • Aug 07Hakuto's (TSE:7433) Conservative Accounting Might Explain Soft EarningsTSE:7433 1 Year Share Price vs Fair Value Explore Hakuto's Fair Values from the Community and select yours The market...Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥35.02 (vs JP¥82.04 in 1Q 2025)First quarter 2026 results: EPS: JP¥35.02 (down from JP¥82.04 in 1Q 2025). Revenue: JP¥40.3b (down 4.8% from 1Q 2025). Net income: JP¥659.0m (down 57% from 1Q 2025). Profit margin: 1.6% (down from 3.6% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 3.7% 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 Dividend is not well covered by earnings (115% payout ratio). Profit margins are more than 30% lower than last year (2.3% net profit margin).分析記事 • Jul 24Hakuto's (TSE:7433) Dividend Will Be Reduced To ¥100.00Hakuto Co., Ltd. ( TSE:7433 ) is reducing its dividend from last year's comparable payment to ¥100.00 on the 8th of...分析記事 • Jul 10Hakuto's (TSE:7433) Dividend Is Being Reduced To ¥100.00Hakuto Co., Ltd.'s ( TSE:7433 ) dividend is being reduced from last year's payment covering the same period to ¥100.00...Declared Dividend • Jul 09Final dividend of JP¥100.00 announcedShareholders will receive a dividend of JP¥100.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 6.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.5% to bring the payout ratio under control, which is less than the 31% EPS growth achieved over the last 5 years.お知らせ • Jul 02Hakuto Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Hakuto Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025Reported Earnings • Jun 29Full year 2025 earnings released: EPS: JP¥273 (vs JP¥276 in FY 2024)Full year 2025 results: EPS: JP¥273 (down from JP¥276 in FY 2024). Revenue: JP¥183.1b (flat on FY 2024). Net income: JP¥5.13b (flat on FY 2024). Profit margin: 2.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • May 01Full year 2025 earnings released: EPS: JP¥273 (vs JP¥276 in FY 2024)Full year 2025 results: EPS: JP¥273 (down from JP¥276 in FY 2024). Revenue: JP¥183.1b (flat on FY 2024). Net income: JP¥5.13b (flat on FY 2024). Profit margin: 2.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Apr 30Hakuto Co., Ltd., Annual General Meeting, Jun 25, 2025Hakuto Co., Ltd., Annual General Meeting, Jun 25, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥3,435, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 80% over the past three years.分析記事 • Apr 04These 4 Measures Indicate That Hakuto (TSE:7433) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Mar 25Hakuto Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025Hakuto Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 04 June 2025. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).Reported Earnings • Jan 31Third quarter 2025 earnings released: EPS: JP¥90.77 (vs JP¥52.79 in 3Q 2024)Third quarter 2025 results: EPS: JP¥90.77 (up from JP¥52.79 in 3Q 2024). Revenue: JP¥51.1b (up 8.4% from 3Q 2024). Net income: JP¥1.71b (up 73% from 3Q 2024). Profit margin: 3.3% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.お知らせ • Jan 03Hakuto Co., Ltd. to Report Q3, 2025 Results on Jan 30, 2025Hakuto Co., Ltd. announced that they will report Q3, 2025 results on Jan 30, 2025Declared Dividend • Dec 07First half dividend of JP¥130 announcedShareholders will receive a dividend of JP¥130. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 6.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (56% 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 22% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥55.00 (vs JP¥161 in 2Q 2024)Second quarter 2025 results: EPS: JP¥55.00 (down from JP¥161 in 2Q 2024). Revenue: JP¥47.4b (down 2.2% from 2Q 2024). Net income: JP¥1.04b (down 66% from 2Q 2024). Profit margin: 2.2% (down from 6.2% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 27Hakuto Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024Hakuto Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is on the higher end at 78% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).Buy Or Sell Opportunity • Aug 24Now 20% overvaluedOver the last 90 days, the stock has fallen 1.2% to JP¥5,070. The fair value is estimated to be JP¥4,225, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 12%.分析記事 • Aug 07Solid Earnings May Not Tell The Whole Story For Hakuto (TSE:7433)The recent earnings posted by Hakuto Co., Ltd. ( TSE:7433 ) were solid, but the stock didn't move as much as we...Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥82.04 (vs JP¥0.32 in 1Q 2024)First quarter 2025 results: EPS: JP¥82.04 (up from JP¥0.32 in 1Q 2024). Revenue: JP¥42.4b (down 5.4% from 1Q 2024). Net income: JP¥1.54b (up JP¥1.54b from 1Q 2024). Profit margin: 3.6% (up from 0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jul 11Final dividend of JP¥130 announcedShareholders will receive a dividend of JP¥130. Ex-date: 27th September 2024 Payment date: 6th December 2024 Dividend yield will be 5.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control, which is less than the 18% EPS growth achieved over the last 5 years.お知らせ • Jun 28Hakuto Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Hakuto Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥140 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).お知らせ • Mar 02Hakuto Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2024Hakuto Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2024Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥52.79 (vs JP¥123 in 3Q 2023)Third quarter 2024 results: EPS: JP¥52.79 (down from JP¥123 in 3Q 2023). Revenue: JP¥47.2b (down 22% from 3Q 2023). Net income: JP¥989.0m (down 57% from 3Q 2023). Profit margin: 2.1% (down from 3.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 20Hakuto Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Hakuto Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥161 (vs JP¥123 in 2Q 2023)Second quarter 2024 results: EPS: JP¥161 (up from JP¥123 in 2Q 2023). Revenue: JP¥48.4b (down 18% from 2Q 2023). Net income: JP¥3.01b (up 29% from 2Q 2023). Profit margin: 6.2% (up from 4.0% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 28Hakuto Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Hakuto Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥140 per share at 5.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change).Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥0.32 (vs JP¥146 in 1Q 2023)First quarter 2024 results: EPS: JP¥0.32 (down from JP¥146 in 1Q 2023). Revenue: JP¥44.8b (down 20% from 1Q 2023). Net income: JP¥6.00m (down 100% from 1Q 2023). Profit margin: 0% (down from 5.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 28Hakuto Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Hakuto Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • Apr 29Full year 2023 earnings released: EPS: JP¥470 (vs JP¥248 in FY 2022)Full year 2023 results: EPS: JP¥470 (up from JP¥248 in FY 2022). Revenue: JP¥233.6b (up 22% from FY 2022). Net income: JP¥8.93b (up 80% from FY 2022). Profit margin: 3.8% (up from 2.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year whereas the company’s share price has increased by 65% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥130 per share at 5.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥123 (vs JP¥71.04 in 3Q 2022)Third quarter 2023 results: EPS: JP¥123 (up from JP¥71.04 in 3Q 2022). Revenue: JP¥60.3b (up 26% from 3Q 2022). Net income: JP¥2.33b (up 67% from 3Q 2022). Profit margin: 3.9% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 26Hakuto Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Hakuto Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥123 (vs JP¥67.72 in 2Q 2022)Second quarter 2023 results: EPS: JP¥123 (up from JP¥67.72 in 2Q 2022). Revenue: JP¥59.0b (up 26% from 2Q 2022). Net income: JP¥2.33b (up 70% from 2Q 2022). Profit margin: 4.0% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. 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 41% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥123 (vs JP¥67.72 in 2Q 2022)Second quarter 2023 results: EPS: JP¥123 (up from JP¥67.72 in 2Q 2022). Revenue: JP¥59.0b (up 26% from 2Q 2022). Net income: JP¥2.33b (up 70% from 2Q 2022). Profit margin: 4.0% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. 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 35% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 01Hakuto Co., Ltd. (TSE:7433) announces an Equity Buyback for 2.62% of its issued share capital, for ¥1,500 million.Hakuto Co., Ltd. (TSE:7433) announces a share repurchase program. Under the program, the company will repurchase up to 2.62% of its share capital, for ¥1,500 million.お知らせ • Sep 24Hakuto Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022Hakuto Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥3,055, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 229% over the past three years.Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥146 (vs JP¥72.24 in 1Q 2022)First quarter 2023 results: EPS: JP¥146 (up from JP¥72.24 in 1Q 2022). Revenue: JP¥55.8b (up 25% from 1Q 2022). Net income: JP¥2.81b (up 90% from 1Q 2022). Profit margin: 5.0% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 03Hakuto Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Hakuto Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022Valuation Update With 7 Day Price Move • May 06Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥2,838, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 190% over the past three years.お知らせ • May 02Hakuto Co., Ltd., Annual General Meeting, Jun 24, 2022Hakuto Co., Ltd., Annual General Meeting, Jun 24, 2022.Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥248 (vs JP¥149 in FY 2021)Full year 2022 results: EPS: JP¥248 (up from JP¥149 in FY 2021). Revenue: JP¥191.5b (up 16% from FY 2021). Net income: JP¥4.97b (up 62% from FY 2021). Profit margin: 2.6% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 08Hakuto Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022Hakuto Co., Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥71.04 (up from JP¥42.21 in 3Q 2021). Revenue: JP¥48.0b (up 3.5% from 3Q 2021). Net income: JP¥1.40b (up 61% from 3Q 2021). Profit margin: 2.9% (up from 1.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 31Second quarter 2022 earnings released: EPS JP¥67.72 (vs JP¥13.50 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥46.8b (up 17% from 2Q 2021). Net income: JP¥1.37b (up 393% from 2Q 2021). Profit margin: 2.9% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 3.1%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥72.24 (vs JP¥35.81 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥44.6b (up 25% from 1Q 2021). Net income: JP¥1.48b (up 101% from 1Q 2021). Profit margin: 3.3% (up from 2.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Jun 30Full year 2021 earnings released: EPS JP¥149 (vs JP¥70.01 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥165.4b (up 8.0% from FY 2020). Net income: JP¥3.06b (up 113% from FY 2020). Profit margin: 1.9% (up from 0.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 25% share price gain to JP¥1,565, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 17x in the Electronic industry in Japan. Total loss to shareholders of 5.1% over the past three years.Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥149 (vs JP¥70.01 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥165.4b (up 8.0% from FY 2020). Net income: JP¥3.06b (up 113% from FY 2020). Profit margin: 1.9% (up from 0.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year.お知らせ • May 01Hakuto Co., Ltd. (TSE:7433) announces an Equity Buyback for 1,500,000 shares, representing 7.29% for ¥1,800 million.Hakuto Co., Ltd. (TSE:7433) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 7.29% of the outstanding shares for ¥1,800 million. The company will acquire treasury stock in order to strengthen shareholder returns, improve capital efficiency, and implement agile capital policies. The program will run through April 30, 2022. As of March 31, 2021, the company had 20,588,811 shares outstanding and 3,548,402 shares in treasury.Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 10 June 2021. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).Is New 90 Day High Low • Mar 16New 90-day high: JP¥1,345The company is up 23% from a price of JP¥1,090 on 16 December 2020. Outperformed the Japanese market which is up 10.0% over the last 90 days. Exceeded the Electronic industry, which is up 5.0% over the same period.Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥42.21 (vs JP¥31.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥46.4b (up 12% from 3Q 2020). Net income: JP¥869.0m (up 36% from 3Q 2020). Profit margin: 1.9% (up from 1.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 01New 90-day high: JP¥1,296The company is up 18% from its price of JP¥1,100 on 02 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 22% over the same period.Is New 90 Day High Low • Jan 13New 90-day high: JP¥1,180The company is up 1.0% from its price of JP¥1,165 on 15 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 21% over the same period.お知らせ • Dec 31Hakuto Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021Hakuto Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021お知らせ • Jun 28Hakuto Co., Ltd. to Report Q1, 2021 Results on Jul 31, 2020Hakuto Co., Ltd. announced that they will report Q1, 2021 results on Jul 31, 2020財務状況分析短期負債: 7433の 短期資産 ( ¥127.1B ) が 短期負債 ( ¥67.4B ) を超えています。長期負債: 7433の短期資産 ( ¥127.1B ) が 長期負債 ( ¥27.3B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 7433の 純負債対資本比率 ( 55% ) は 高い と見なされます。負債の削減: 7433の負債対資本比率は、過去 5 年間で50.1%から82.2%に増加しました。債務返済能力: 7433の負債は 営業キャッシュフロー によって 十分にカバーされていません ( 17.9% )。インタレストカバレッジ: 7433の負債に対する 利息支払い は EBIT ( 88.1 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/28 22:52終値2026/05/28 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Hakuto Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • Apr 04These 4 Measures Indicate That Hakuto (TSE:7433) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Buy Or Sell Opportunity • May 19Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to JP¥4,505. The fair value is estimated to be JP¥5,641, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has declined by 17%.
New Risk • May 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
お知らせ • May 13Hakuto Co., Ltd., Annual General Meeting, Jun 24, 2026Hakuto Co., Ltd., Annual General Meeting, Jun 24, 2026.
New Risk • May 13New major risk - Revenue and earnings growthEarnings have declined by 0.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥266 (vs JP¥273 in FY 2025)Full year 2026 results: EPS: JP¥266 (down from JP¥273 in FY 2025). Revenue: JP¥181.2b (down 1.1% from FY 2025). Net income: JP¥5.01b (down 2.4% from FY 2025). Profit margin: 2.8% (in line with FY 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • May 10Hakuto Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Hakuto Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 04 June 2026. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
分析記事 • Feb 09Earnings Troubles May Signal Larger Issues for Hakuto (TSE:7433) ShareholdersThe market rallied behind Hakuto Co., Ltd.'s ( TSE:7433 ) stock, leading do a rise in the share price after its recent...
分析記事 • Feb 06Hakuto's (TSE:7433) Dividend Will Be ¥100.00The board of Hakuto Co., Ltd. ( TSE:7433 ) has announced that it will pay a dividend of ¥100.00 per share on the 4th of...
お知らせ • Feb 06Hakuto Co., Ltd. (TSE:7433) entered into an agreement to acquire 76% stake in Rabyte Pte. Ltd. from Batra Arjun and Sunil Dhar.Hakuto Co., Ltd. (TSE:7433) entered into an agreement to acquire 76% stake in Rabyte Pte. Ltd. from Batra Arjun and Sunil Dhar on February 5, 2026. Hakuto Co., Ltd. will acquire 1,140,000 shares in Rabyte Pte. Ltd. For the period ending March 31, 2025, Rabyte Pte. Ltd. reported total revenue of SGD 152.72 million. As of March 31, 2025, Rabyte Pte. Ltd. reported total assets of SGD 87.82 million and total common equity of SGD 35.64 million. The expected completion of the transaction in February 2026.
Reported Earnings • Jan 30Third quarter 2026 earnings released: EPS: JP¥118 (vs JP¥90.77 in 3Q 2025)Third quarter 2026 results: EPS: JP¥118 (up from JP¥90.77 in 3Q 2025). Revenue: JP¥52.3b (up 2.2% from 3Q 2025). Net income: JP¥2.23b (up 30% from 3Q 2025). Profit margin: 4.3% (up from 3.3% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
分析記事 • Dec 27Hakuto (TSE:7433) Will Pay A Dividend Of ¥100.00Hakuto Co., Ltd.'s ( TSE:7433 ) investors are due to receive a payment of ¥100.00 per share on 4th of June. This means...
お知らせ • Dec 27Hakuto Co., Ltd. to Report Q3, 2026 Results on Jan 29, 2026Hakuto Co., Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026
分析記事 • Dec 07Hakuto (TSE:7433) Will Pay A Dividend Of ¥100.00Hakuto Co., Ltd. ( TSE:7433 ) has announced that it will pay a dividend of ¥100.00 per share on the 4th of June...
Declared Dividend • Dec 06First half dividend of JP¥100.00 announcedShareholders will receive a dividend of JP¥100.00. Ex-date: 30th March 2026 Payment date: 4th June 2026 Dividend yield will be 5.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is well covered by cash flows (28% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.4% to bring the payout ratio under control, which is less than the 30% EPS growth achieved over the last 5 years.
Reported Earnings • Oct 31Second quarter 2026 earnings released: EPS: JP¥71.65 (vs JP¥55.00 in 2Q 2025)Second quarter 2026 results: EPS: JP¥71.65 (up from JP¥55.00 in 2Q 2025). Revenue: JP¥43.4b (down 8.3% from 2Q 2025). Net income: JP¥1.35b (up 30% from 2Q 2025). Profit margin: 3.1% (up from 2.2% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
分析記事 • Sep 28Hakuto (TSE:7433) Is Reducing Its Dividend To ¥100.00Hakuto Co., Ltd. ( TSE:7433 ) is reducing its dividend from last year's comparable payment to ¥100.00 on the 8th of...
お知らせ • Sep 27Hakuto Co., Ltd. to Report Q2, 2026 Results on Oct 30, 2025Hakuto Co., Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025
Upcoming Dividend • Sep 22Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
分析記事 • Aug 07Hakuto's (TSE:7433) Conservative Accounting Might Explain Soft EarningsTSE:7433 1 Year Share Price vs Fair Value Explore Hakuto's Fair Values from the Community and select yours The market...
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥35.02 (vs JP¥82.04 in 1Q 2025)First quarter 2026 results: EPS: JP¥35.02 (down from JP¥82.04 in 1Q 2025). Revenue: JP¥40.3b (down 4.8% from 1Q 2025). Net income: JP¥659.0m (down 57% from 1Q 2025). Profit margin: 1.6% (down from 3.6% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 3.7% 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 Dividend is not well covered by earnings (115% payout ratio). Profit margins are more than 30% lower than last year (2.3% net profit margin).
分析記事 • Jul 24Hakuto's (TSE:7433) Dividend Will Be Reduced To ¥100.00Hakuto Co., Ltd. ( TSE:7433 ) is reducing its dividend from last year's comparable payment to ¥100.00 on the 8th of...
分析記事 • Jul 10Hakuto's (TSE:7433) Dividend Is Being Reduced To ¥100.00Hakuto Co., Ltd.'s ( TSE:7433 ) dividend is being reduced from last year's payment covering the same period to ¥100.00...
Declared Dividend • Jul 09Final dividend of JP¥100.00 announcedShareholders will receive a dividend of JP¥100.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 6.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.5% to bring the payout ratio under control, which is less than the 31% EPS growth achieved over the last 5 years.
お知らせ • Jul 02Hakuto Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Hakuto Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025
Reported Earnings • Jun 29Full year 2025 earnings released: EPS: JP¥273 (vs JP¥276 in FY 2024)Full year 2025 results: EPS: JP¥273 (down from JP¥276 in FY 2024). Revenue: JP¥183.1b (flat on FY 2024). Net income: JP¥5.13b (flat on FY 2024). Profit margin: 2.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • May 01Full year 2025 earnings released: EPS: JP¥273 (vs JP¥276 in FY 2024)Full year 2025 results: EPS: JP¥273 (down from JP¥276 in FY 2024). Revenue: JP¥183.1b (flat on FY 2024). Net income: JP¥5.13b (flat on FY 2024). Profit margin: 2.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Apr 30Hakuto Co., Ltd., Annual General Meeting, Jun 25, 2025Hakuto Co., Ltd., Annual General Meeting, Jun 25, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥3,435, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 80% over the past three years.
分析記事 • Apr 04These 4 Measures Indicate That Hakuto (TSE:7433) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Mar 25Hakuto Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025Hakuto Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 04 June 2025. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
Reported Earnings • Jan 31Third quarter 2025 earnings released: EPS: JP¥90.77 (vs JP¥52.79 in 3Q 2024)Third quarter 2025 results: EPS: JP¥90.77 (up from JP¥52.79 in 3Q 2024). Revenue: JP¥51.1b (up 8.4% from 3Q 2024). Net income: JP¥1.71b (up 73% from 3Q 2024). Profit margin: 3.3% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
お知らせ • Jan 03Hakuto Co., Ltd. to Report Q3, 2025 Results on Jan 30, 2025Hakuto Co., Ltd. announced that they will report Q3, 2025 results on Jan 30, 2025
Declared Dividend • Dec 07First half dividend of JP¥130 announcedShareholders will receive a dividend of JP¥130. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 6.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (56% 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 22% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥55.00 (vs JP¥161 in 2Q 2024)Second quarter 2025 results: EPS: JP¥55.00 (down from JP¥161 in 2Q 2024). Revenue: JP¥47.4b (down 2.2% from 2Q 2024). Net income: JP¥1.04b (down 66% from 2Q 2024). Profit margin: 2.2% (down from 6.2% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 27Hakuto Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024Hakuto Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is on the higher end at 78% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
Buy Or Sell Opportunity • Aug 24Now 20% overvaluedOver the last 90 days, the stock has fallen 1.2% to JP¥5,070. The fair value is estimated to be JP¥4,225, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 12%.
分析記事 • Aug 07Solid Earnings May Not Tell The Whole Story For Hakuto (TSE:7433)The recent earnings posted by Hakuto Co., Ltd. ( TSE:7433 ) were solid, but the stock didn't move as much as we...
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥82.04 (vs JP¥0.32 in 1Q 2024)First quarter 2025 results: EPS: JP¥82.04 (up from JP¥0.32 in 1Q 2024). Revenue: JP¥42.4b (down 5.4% from 1Q 2024). Net income: JP¥1.54b (up JP¥1.54b from 1Q 2024). Profit margin: 3.6% (up from 0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jul 11Final dividend of JP¥130 announcedShareholders will receive a dividend of JP¥130. Ex-date: 27th September 2024 Payment date: 6th December 2024 Dividend yield will be 5.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control, which is less than the 18% EPS growth achieved over the last 5 years.
お知らせ • Jun 28Hakuto Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Hakuto Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥140 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
お知らせ • Mar 02Hakuto Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2024Hakuto Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2024
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥52.79 (vs JP¥123 in 3Q 2023)Third quarter 2024 results: EPS: JP¥52.79 (down from JP¥123 in 3Q 2023). Revenue: JP¥47.2b (down 22% from 3Q 2023). Net income: JP¥989.0m (down 57% from 3Q 2023). Profit margin: 2.1% (down from 3.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 20Hakuto Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Hakuto Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥161 (vs JP¥123 in 2Q 2023)Second quarter 2024 results: EPS: JP¥161 (up from JP¥123 in 2Q 2023). Revenue: JP¥48.4b (down 18% from 2Q 2023). Net income: JP¥3.01b (up 29% from 2Q 2023). Profit margin: 6.2% (up from 4.0% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 28Hakuto Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Hakuto Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥140 per share at 5.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change).
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥0.32 (vs JP¥146 in 1Q 2023)First quarter 2024 results: EPS: JP¥0.32 (down from JP¥146 in 1Q 2023). Revenue: JP¥44.8b (down 20% from 1Q 2023). Net income: JP¥6.00m (down 100% from 1Q 2023). Profit margin: 0% (down from 5.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 28Hakuto Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Hakuto Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • Apr 29Full year 2023 earnings released: EPS: JP¥470 (vs JP¥248 in FY 2022)Full year 2023 results: EPS: JP¥470 (up from JP¥248 in FY 2022). Revenue: JP¥233.6b (up 22% from FY 2022). Net income: JP¥8.93b (up 80% from FY 2022). Profit margin: 3.8% (up from 2.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year whereas the company’s share price has increased by 65% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥130 per share at 5.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥123 (vs JP¥71.04 in 3Q 2022)Third quarter 2023 results: EPS: JP¥123 (up from JP¥71.04 in 3Q 2022). Revenue: JP¥60.3b (up 26% from 3Q 2022). Net income: JP¥2.33b (up 67% from 3Q 2022). Profit margin: 3.9% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 26Hakuto Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Hakuto Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥123 (vs JP¥67.72 in 2Q 2022)Second quarter 2023 results: EPS: JP¥123 (up from JP¥67.72 in 2Q 2022). Revenue: JP¥59.0b (up 26% from 2Q 2022). Net income: JP¥2.33b (up 70% from 2Q 2022). Profit margin: 4.0% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. 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 41% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥123 (vs JP¥67.72 in 2Q 2022)Second quarter 2023 results: EPS: JP¥123 (up from JP¥67.72 in 2Q 2022). Revenue: JP¥59.0b (up 26% from 2Q 2022). Net income: JP¥2.33b (up 70% from 2Q 2022). Profit margin: 4.0% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. 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 35% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 01Hakuto Co., Ltd. (TSE:7433) announces an Equity Buyback for 2.62% of its issued share capital, for ¥1,500 million.Hakuto Co., Ltd. (TSE:7433) announces a share repurchase program. Under the program, the company will repurchase up to 2.62% of its share capital, for ¥1,500 million.
お知らせ • Sep 24Hakuto Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022Hakuto Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥3,055, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 229% over the past three years.
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥146 (vs JP¥72.24 in 1Q 2022)First quarter 2023 results: EPS: JP¥146 (up from JP¥72.24 in 1Q 2022). Revenue: JP¥55.8b (up 25% from 1Q 2022). Net income: JP¥2.81b (up 90% from 1Q 2022). Profit margin: 5.0% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 03Hakuto Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Hakuto Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022
Valuation Update With 7 Day Price Move • May 06Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥2,838, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 190% over the past three years.
お知らせ • May 02Hakuto Co., Ltd., Annual General Meeting, Jun 24, 2022Hakuto Co., Ltd., Annual General Meeting, Jun 24, 2022.
Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥248 (vs JP¥149 in FY 2021)Full year 2022 results: EPS: JP¥248 (up from JP¥149 in FY 2021). Revenue: JP¥191.5b (up 16% from FY 2021). Net income: JP¥4.97b (up 62% from FY 2021). Profit margin: 2.6% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 08Hakuto Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022Hakuto Co., Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).
Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥71.04 (up from JP¥42.21 in 3Q 2021). Revenue: JP¥48.0b (up 3.5% from 3Q 2021). Net income: JP¥1.40b (up 61% from 3Q 2021). Profit margin: 2.9% (up from 1.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 31Second quarter 2022 earnings released: EPS JP¥67.72 (vs JP¥13.50 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥46.8b (up 17% from 2Q 2021). Net income: JP¥1.37b (up 393% from 2Q 2021). Profit margin: 2.9% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 3.1%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥72.24 (vs JP¥35.81 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥44.6b (up 25% from 1Q 2021). Net income: JP¥1.48b (up 101% from 1Q 2021). Profit margin: 3.3% (up from 2.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Jun 30Full year 2021 earnings released: EPS JP¥149 (vs JP¥70.01 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥165.4b (up 8.0% from FY 2020). Net income: JP¥3.06b (up 113% from FY 2020). Profit margin: 1.9% (up from 0.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 25% share price gain to JP¥1,565, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 17x in the Electronic industry in Japan. Total loss to shareholders of 5.1% over the past three years.
Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥149 (vs JP¥70.01 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥165.4b (up 8.0% from FY 2020). Net income: JP¥3.06b (up 113% from FY 2020). Profit margin: 1.9% (up from 0.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year.
お知らせ • May 01Hakuto Co., Ltd. (TSE:7433) announces an Equity Buyback for 1,500,000 shares, representing 7.29% for ¥1,800 million.Hakuto Co., Ltd. (TSE:7433) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 7.29% of the outstanding shares for ¥1,800 million. The company will acquire treasury stock in order to strengthen shareholder returns, improve capital efficiency, and implement agile capital policies. The program will run through April 30, 2022. As of March 31, 2021, the company had 20,588,811 shares outstanding and 3,548,402 shares in treasury.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 10 June 2021. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
Is New 90 Day High Low • Mar 16New 90-day high: JP¥1,345The company is up 23% from a price of JP¥1,090 on 16 December 2020. Outperformed the Japanese market which is up 10.0% over the last 90 days. Exceeded the Electronic industry, which is up 5.0% over the same period.
Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥42.21 (vs JP¥31.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥46.4b (up 12% from 3Q 2020). Net income: JP¥869.0m (up 36% from 3Q 2020). Profit margin: 1.9% (up from 1.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 01New 90-day high: JP¥1,296The company is up 18% from its price of JP¥1,100 on 02 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 22% over the same period.
Is New 90 Day High Low • Jan 13New 90-day high: JP¥1,180The company is up 1.0% from its price of JP¥1,165 on 15 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 21% over the same period.
お知らせ • Dec 31Hakuto Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021Hakuto Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021
お知らせ • Jun 28Hakuto Co., Ltd. to Report Q1, 2021 Results on Jul 31, 2020Hakuto Co., Ltd. announced that they will report Q1, 2021 results on Jul 31, 2020