View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsRyoyo Electro 将来の成長Future 基準チェック /06現在、 Ryoyo Electroの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Electronic 収益成長11.8%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Mar 02Ryoyo Electro Corporation to Delist from Prime Section of Tokyo Stock Exchange, Effective March 28, 2024Ryoyo Electro Corporation will be delisted from prime section of Tokyo Stock Exchange effective from March 28, 2024. Delisting is due to Becoming a wholly owned subsidiary of Ryoyo Ryosan Holdings Inc.Reported Earnings • Dec 03Third quarter 2024 earnings released: EPS: JP¥41.46 (vs JP¥45.21 in 3Q 2023)Third quarter 2024 results: EPS: JP¥41.46 (down from JP¥45.21 in 3Q 2023). Revenue: JP¥30.5b (down 14% from 3Q 2023). Net income: JP¥838.0m (down 8.2% from 3Q 2023). Profit margin: 2.7% (up from 2.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.2% 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 75% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 01Ryoyo Electro Corporation to Report Q3, 2024 Results on Nov 30, 2023Ryoyo Electro Corporation announced that they will report Q3, 2024 results on Nov 30, 2023Reported Earnings • Sep 02Second quarter 2024 earnings released: EPS: JP¥40.98 (vs JP¥47.10 in 2Q 2023)Second quarter 2024 results: EPS: JP¥40.98 (down from JP¥47.10 in 2Q 2023). Revenue: JP¥32.5b (up 9.3% from 2Q 2023). Net income: JP¥828.0m (down 13% from 2Q 2023). Profit margin: 2.5% (down from 3.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% 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 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 21Upcoming dividend of JP¥80.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).お知らせ • Jul 06Ryoyo Electro Corporation to Report Q2, 2024 Results on Aug 31, 2023Ryoyo Electro Corporation announced that they will report Q2, 2024 results on Aug 31, 2023Reported Earnings • Jun 02First quarter 2024 earnings released: EPS: JP¥244 (vs JP¥41.17 in 1Q 2023)First quarter 2024 results: EPS: JP¥244 (up from JP¥41.17 in 1Q 2023). Revenue: JP¥32.6b (up 4.8% from 1Q 2023). Net income: JP¥4.92b (up 494% from 1Q 2023). Profit margin: 15% (up from 2.7% in 1Q 2023). The increase in margin was primarily driven by lower expenses. 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 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥3,180, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 37% over the past three years.Board Change • May 09Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shinya Takada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 10Full year 2023 earnings released: EPS: JP¥151 (vs JP¥104 in FY 2022)Full year 2023 results: EPS: JP¥151 (up from JP¥104 in FY 2022). Revenue: JP¥129.9b (up 16% from FY 2022). Net income: JP¥3.06b (up 63% from FY 2022). Profit margin: 2.4% (up from 1.7% 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 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09Ryoyo Electro Corporation (TSE:8068) agreed to acquire 18.71% stake in Ryosan Company, Limited (TSE:8140) from Silchester International Investors LLP for approximately ¥15.8 billion.Ryoyo Electro Corporation (TSE:8068) agreed to acquire 18.71% stake in Ryosan Company, Limited (TSE:8140) from Silchester International Investors LLP for approximately ¥15.8 billion on February 7, 2023. The deal is subject to Ryoyo Electro Corporation (TSE:8068) board. As of February 7, 2023 Ryoyo Electro Corporation (TSE:8068) board approved the deal. The deal is expected to close on February 9, 2023.Upcoming Dividend • Jan 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).お知らせ • Jan 09Ryoyo Electro Corporation to Report Fiscal Year 2023 Results on Mar 09, 2023Ryoyo Electro Corporation announced that they will report fiscal year 2023 results on Mar 09, 2023Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: JP¥45.20 (vs JP¥20.70 in 3Q 2022)Third quarter 2023 results: EPS: JP¥45.20 (up from JP¥20.70 in 3Q 2022). Revenue: JP¥35.5b (up 26% from 3Q 2022). Net income: JP¥913.0m (up 143% from 3Q 2022). Profit margin: 2.6% (up from 1.3% 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 52% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Outside Audit & Supervisory Board Member Kazumi Akiyama is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Oct 02Ryoyo Electro Corporation to Report Q3, 2023 Results on Nov 29, 2022Ryoyo Electro Corporation announced that they will report Q3, 2023 results on Nov 29, 2022Reported Earnings • Sep 02Second quarter 2023 earnings released: EPS: JP¥47.10 (vs JP¥23.34 in 2Q 2022)Second quarter 2023 results: EPS: JP¥47.10 (up from JP¥23.34 in 2Q 2022). Revenue: JP¥29.7b (up 15% from 2Q 2022). Net income: JP¥951.0m (up 134% from 2Q 2022). Profit margin: 3.2% (up from 1.6% 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 43% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 03 October 2022. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).お知らせ • Jul 09Ryoyo Electro Corporation to Report Q2, 2023 Results on Aug 31, 2022Ryoyo Electro Corporation announced that they will report Q2, 2023 results on Aug 31, 2022Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: JP¥41.17 (vs JP¥24.40 in 1Q 2022)First quarter 2023 results: EPS: JP¥41.17 (up from JP¥24.40 in 1Q 2022). Revenue: JP¥31.1b (up 18% from 1Q 2022). Net income: JP¥829.0m (up 96% from 1Q 2022). Profit margin: 2.7% (up from 1.6% 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 32% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shinya Takada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08Ryoyo Electro Corporation to Report Q1, 2023 Results on May 31, 2022Ryoyo Electro Corporation announced that they will report Q1, 2023 results on May 31, 2022Reported Earnings • Mar 12Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: JP¥104 (up from JP¥35.19 in FY 2021). Revenue: JP¥112.1b (up 17% from FY 2021). Net income: JP¥1.87b (up 132% from FY 2021). Profit margin: 1.7% (up from 0.8% in FY 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 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jan 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 January 2022. Payment date: 30 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).Reported Earnings • Nov 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥20.70 (up from JP¥6.04 loss in 3Q 2021). Revenue: JP¥28.2b (up 17% from 3Q 2021). Net income: JP¥376.0m (up JP¥525.0m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). The move to profitability 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 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS JP¥23.34 (vs JP¥8.47 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥25.8b (up 25% from 2Q 2021). Net income: JP¥407.0m (up 95% from 2Q 2021). Profit margin: 1.6% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 01 October 2021. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).お知らせ • Jun 11Ryoyo Electro Corporation announced that it expects to receive ¥19.068 million in funding from Daiwa Securities Co. Ltd.Ryoyo Electro Corporation (TSE:8068) announced a private placement of 28,000 4th stock acquisition rights at a price of ¥681 per right for proceeds of ¥98,200,000 on June 10, 2021. The transaction will include participation from Daiwa Securities Co. Ltd. The number of potential shares per stock acquisition right is 100, resulting in 2,800,000 potential shares. The rights can be exercised from June 29, 2021 to June 29, 2023. The transaction has been approved by the board of directors. The warrants will be allotted on third part capital allotment basis. The allotment date is June 28, 2021.Reported Earnings • Jun 02First quarter 2022 earnings released: EPS JP¥24.40 (vs JP¥15.10 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥26.5b (up 5.8% from 1Q 2021). Net income: JP¥423.0m (up 14% from 1Q 2021). Profit margin: 1.6% (up from 1.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥35.19 (vs JP¥53.06 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥95.8b (down 12% from FY 2020). Net income: JP¥806.0m (down 38% from FY 2020). Profit margin: 0.8% (down from 1.2% in FY 2020). The decrease in margin was driven by lower revenue. 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 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 12Full year 2021 earnings released: EPS JP¥35.19 (vs JP¥53.06 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥95.8b (down 12% from FY 2020). Net income: JP¥806.0m (down 38% from FY 2020). Profit margin: 0.8% (down from 1.2% in FY 2020). The decrease in margin was driven by lower revenue. 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 16% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 12New 90-day low: JP¥2,679The company is down 4.0% from its price of JP¥2,798 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.Upcoming Dividend • Jan 21Upcoming Dividend of JP¥120 Per ShareWill be paid on the 30th of April to those who are registered shareholders by the 28th of January. The trailing yield of 5.3% is in the top quartile of Japanese dividend payers (3.0%), and it is higher than industry peers (1.1%).お知らせ • Jan 07Ryoyo Electro Corporation, Annual General Meeting, Apr 28, 2021Ryoyo Electro Corporation, Annual General Meeting, Apr 28, 2021.Is New 90 Day High Low • Dec 29New 90-day high: JP¥3,105The company is up 6.0% from its price of JP¥2,921 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.Reported Earnings • Dec 01Third quarter 2021 earnings released: JP¥6.04 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥24.0b (down 11% from 3Q 2020). Net loss: JP¥149.0m (down 152% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 30Restar Holdings Corporation (TSE:3156) completed the acquisition of 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited.Restar Holdings Corporation (TSE:3156) entered into an agreement to acquire 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited for ¥10.72 billion on May 13, 2019. Under the terms, 5.4 million shares were acquired as part of the transaction. The transaction is expected to be funded by bank borrowings. The transaction has been approved by the Board of Renstar Holdings. The transaction is expected to be completed on May 15, 2019. Restar Holdings Corporation (TSE:3156) completed the acquisition of 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited in May 2019. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Ryoyo Electro は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TSE:8068 - 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1/31/2024124,0867,0228,6149,068N/A10/31/2023129,2256,952N/AN/AN/A7/31/2023134,1637,0274,9825,274N/A4/30/2023131,4007,150N/AN/AN/A1/31/2023129,9123,056-2,813-2,553N/A10/31/2022127,9123,360N/AN/AN/A7/31/2022120,6442,823-7,198-6,961N/A4/30/2022116,7382,279N/AN/AN/A1/31/2022112,0991,873-8,242-8,090N/A10/31/2021106,5881,581N/AN/AN/A7/31/2021102,4271,056-4,153-4,048N/A4/30/202197,251858N/AN/AN/A1/31/202195,7928062,8963,003N/A10/31/202096,897651N/AN/AN/A7/31/202099,9381,0879,6299,753N/A4/30/2020105,9631,242N/AN/AN/A1/31/2020108,5381,3031,2991,463N/A10/31/2019105,9931,243N/AN/AN/A7/31/2019102,8951,197-2,822-2,637N/A4/30/201998,6991,138N/AN/AN/A1/31/201993,7991,020423588N/A10/31/201892,750268N/AN/AN/A7/31/201891,318256-804-679N/A4/30/201891,604308N/AN/AN/A1/31/201892,2342122,9933,074N/A10/31/201794,042943N/AN/AN/A7/31/201795,175833N/A5,990N/A4/30/201796,304697N/AN/AN/A1/31/201798,417822N/A6,675N/A10/31/2016100,625906N/AN/AN/A7/31/2016102,972210N/A5,656N/A4/30/2016107,803485N/AN/AN/A1/31/2016112,332743N/A1,169N/A10/31/2015113,8351,076N/AN/AN/A7/31/2015114,7712,033N/A-4,252N/A4/30/2015112,3461,927N/AN/AN/A1/31/2015110,1071,683N/A-4,826N/A10/31/2014111,0501,551N/AN/AN/A7/31/2014107,8741,437N/A-4,268N/A4/30/2014105,1341,382N/AN/AN/A1/31/201497,8871,342N/A-3,084N/A10/31/201390,1801,001N/AN/AN/A7/31/201386,495836N/A3,222N/A4/30/201385,318517N/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: 8068の予測収益成長が 貯蓄率 ( 0.2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 8068の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 8068の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 8068の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 8068の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。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: 8068の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘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2024/03/29 10:03終値2024/03/29 00:00収益2024/01/31年間収益2024/01/31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Ryoyo Electro Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Takahiro MoriDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.
お知らせ • Mar 02Ryoyo Electro Corporation to Delist from Prime Section of Tokyo Stock Exchange, Effective March 28, 2024Ryoyo Electro Corporation will be delisted from prime section of Tokyo Stock Exchange effective from March 28, 2024. Delisting is due to Becoming a wholly owned subsidiary of Ryoyo Ryosan Holdings Inc.
Reported Earnings • Dec 03Third quarter 2024 earnings released: EPS: JP¥41.46 (vs JP¥45.21 in 3Q 2023)Third quarter 2024 results: EPS: JP¥41.46 (down from JP¥45.21 in 3Q 2023). Revenue: JP¥30.5b (down 14% from 3Q 2023). Net income: JP¥838.0m (down 8.2% from 3Q 2023). Profit margin: 2.7% (up from 2.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.2% 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 75% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 01Ryoyo Electro Corporation to Report Q3, 2024 Results on Nov 30, 2023Ryoyo Electro Corporation announced that they will report Q3, 2024 results on Nov 30, 2023
Reported Earnings • Sep 02Second quarter 2024 earnings released: EPS: JP¥40.98 (vs JP¥47.10 in 2Q 2023)Second quarter 2024 results: EPS: JP¥40.98 (down from JP¥47.10 in 2Q 2023). Revenue: JP¥32.5b (up 9.3% from 2Q 2023). Net income: JP¥828.0m (down 13% from 2Q 2023). Profit margin: 2.5% (down from 3.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% 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 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 21Upcoming dividend of JP¥80.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
お知らせ • Jul 06Ryoyo Electro Corporation to Report Q2, 2024 Results on Aug 31, 2023Ryoyo Electro Corporation announced that they will report Q2, 2024 results on Aug 31, 2023
Reported Earnings • Jun 02First quarter 2024 earnings released: EPS: JP¥244 (vs JP¥41.17 in 1Q 2023)First quarter 2024 results: EPS: JP¥244 (up from JP¥41.17 in 1Q 2023). Revenue: JP¥32.6b (up 4.8% from 1Q 2023). Net income: JP¥4.92b (up 494% from 1Q 2023). Profit margin: 15% (up from 2.7% in 1Q 2023). The increase in margin was primarily driven by lower expenses. 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 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥3,180, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 37% over the past three years.
Board Change • May 09Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shinya Takada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 10Full year 2023 earnings released: EPS: JP¥151 (vs JP¥104 in FY 2022)Full year 2023 results: EPS: JP¥151 (up from JP¥104 in FY 2022). Revenue: JP¥129.9b (up 16% from FY 2022). Net income: JP¥3.06b (up 63% from FY 2022). Profit margin: 2.4% (up from 1.7% 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 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09Ryoyo Electro Corporation (TSE:8068) agreed to acquire 18.71% stake in Ryosan Company, Limited (TSE:8140) from Silchester International Investors LLP for approximately ¥15.8 billion.Ryoyo Electro Corporation (TSE:8068) agreed to acquire 18.71% stake in Ryosan Company, Limited (TSE:8140) from Silchester International Investors LLP for approximately ¥15.8 billion on February 7, 2023. The deal is subject to Ryoyo Electro Corporation (TSE:8068) board. As of February 7, 2023 Ryoyo Electro Corporation (TSE:8068) board approved the deal. The deal is expected to close on February 9, 2023.
Upcoming Dividend • Jan 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
お知らせ • Jan 09Ryoyo Electro Corporation to Report Fiscal Year 2023 Results on Mar 09, 2023Ryoyo Electro Corporation announced that they will report fiscal year 2023 results on Mar 09, 2023
Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: JP¥45.20 (vs JP¥20.70 in 3Q 2022)Third quarter 2023 results: EPS: JP¥45.20 (up from JP¥20.70 in 3Q 2022). Revenue: JP¥35.5b (up 26% from 3Q 2022). Net income: JP¥913.0m (up 143% from 3Q 2022). Profit margin: 2.6% (up from 1.3% 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 52% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Outside Audit & Supervisory Board Member Kazumi Akiyama is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Oct 02Ryoyo Electro Corporation to Report Q3, 2023 Results on Nov 29, 2022Ryoyo Electro Corporation announced that they will report Q3, 2023 results on Nov 29, 2022
Reported Earnings • Sep 02Second quarter 2023 earnings released: EPS: JP¥47.10 (vs JP¥23.34 in 2Q 2022)Second quarter 2023 results: EPS: JP¥47.10 (up from JP¥23.34 in 2Q 2022). Revenue: JP¥29.7b (up 15% from 2Q 2022). Net income: JP¥951.0m (up 134% from 2Q 2022). Profit margin: 3.2% (up from 1.6% 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 43% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 03 October 2022. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).
お知らせ • Jul 09Ryoyo Electro Corporation to Report Q2, 2023 Results on Aug 31, 2022Ryoyo Electro Corporation announced that they will report Q2, 2023 results on Aug 31, 2022
Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: JP¥41.17 (vs JP¥24.40 in 1Q 2022)First quarter 2023 results: EPS: JP¥41.17 (up from JP¥24.40 in 1Q 2022). Revenue: JP¥31.1b (up 18% from 1Q 2022). Net income: JP¥829.0m (up 96% from 1Q 2022). Profit margin: 2.7% (up from 1.6% 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 32% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shinya Takada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08Ryoyo Electro Corporation to Report Q1, 2023 Results on May 31, 2022Ryoyo Electro Corporation announced that they will report Q1, 2023 results on May 31, 2022
Reported Earnings • Mar 12Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: JP¥104 (up from JP¥35.19 in FY 2021). Revenue: JP¥112.1b (up 17% from FY 2021). Net income: JP¥1.87b (up 132% from FY 2021). Profit margin: 1.7% (up from 0.8% in FY 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 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jan 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 January 2022. Payment date: 30 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).
Reported Earnings • Nov 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥20.70 (up from JP¥6.04 loss in 3Q 2021). Revenue: JP¥28.2b (up 17% from 3Q 2021). Net income: JP¥376.0m (up JP¥525.0m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). The move to profitability 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 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS JP¥23.34 (vs JP¥8.47 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥25.8b (up 25% from 2Q 2021). Net income: JP¥407.0m (up 95% from 2Q 2021). Profit margin: 1.6% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 01 October 2021. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).
お知らせ • Jun 11Ryoyo Electro Corporation announced that it expects to receive ¥19.068 million in funding from Daiwa Securities Co. Ltd.Ryoyo Electro Corporation (TSE:8068) announced a private placement of 28,000 4th stock acquisition rights at a price of ¥681 per right for proceeds of ¥98,200,000 on June 10, 2021. The transaction will include participation from Daiwa Securities Co. Ltd. The number of potential shares per stock acquisition right is 100, resulting in 2,800,000 potential shares. The rights can be exercised from June 29, 2021 to June 29, 2023. The transaction has been approved by the board of directors. The warrants will be allotted on third part capital allotment basis. The allotment date is June 28, 2021.
Reported Earnings • Jun 02First quarter 2022 earnings released: EPS JP¥24.40 (vs JP¥15.10 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥26.5b (up 5.8% from 1Q 2021). Net income: JP¥423.0m (up 14% from 1Q 2021). Profit margin: 1.6% (up from 1.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥35.19 (vs JP¥53.06 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥95.8b (down 12% from FY 2020). Net income: JP¥806.0m (down 38% from FY 2020). Profit margin: 0.8% (down from 1.2% in FY 2020). The decrease in margin was driven by lower revenue. 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 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 12Full year 2021 earnings released: EPS JP¥35.19 (vs JP¥53.06 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥95.8b (down 12% from FY 2020). Net income: JP¥806.0m (down 38% from FY 2020). Profit margin: 0.8% (down from 1.2% in FY 2020). The decrease in margin was driven by lower revenue. 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 16% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 12New 90-day low: JP¥2,679The company is down 4.0% from its price of JP¥2,798 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.
Upcoming Dividend • Jan 21Upcoming Dividend of JP¥120 Per ShareWill be paid on the 30th of April to those who are registered shareholders by the 28th of January. The trailing yield of 5.3% is in the top quartile of Japanese dividend payers (3.0%), and it is higher than industry peers (1.1%).
お知らせ • Jan 07Ryoyo Electro Corporation, Annual General Meeting, Apr 28, 2021Ryoyo Electro Corporation, Annual General Meeting, Apr 28, 2021.
Is New 90 Day High Low • Dec 29New 90-day high: JP¥3,105The company is up 6.0% from its price of JP¥2,921 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.
Reported Earnings • Dec 01Third quarter 2021 earnings released: JP¥6.04 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥24.0b (down 11% from 3Q 2020). Net loss: JP¥149.0m (down 152% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 30Restar Holdings Corporation (TSE:3156) completed the acquisition of 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited.Restar Holdings Corporation (TSE:3156) entered into an agreement to acquire 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited for ¥10.72 billion on May 13, 2019. Under the terms, 5.4 million shares were acquired as part of the transaction. The transaction is expected to be funded by bank borrowings. The transaction has been approved by the Board of Renstar Holdings. The transaction is expected to be completed on May 15, 2019. Restar Holdings Corporation (TSE:3156) completed the acquisition of 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited in May 2019.