Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: JP¥25.08 (vs JP¥31.50 in 3Q 2022) Third quarter 2023 results: EPS: JP¥25.08 (down from JP¥31.50 in 3Q 2022). Revenue: JP¥48.7b (flat on 3Q 2022). Net income: JP¥1.12b (down 20% from 3Q 2022). Profit margin: 2.3% (down from 2.9% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. お知らせ • Jan 11
Conexio Corporation Revises Earnings Guidance for the Fiscal Year Ending March 31, 2023 Conexio Corporation revised earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expected net sales of JPY 195,000 million, operating income of JPY 6,300 million, net income of JPY 4,000 million and profit per share of JPY 89.41 compared to previous guidance of net sales of JPY 200,000 million, operating income of JPY 8,600 million, net income of JPY 5,700 million and profit per share of JPY 127.41. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥1,501, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 6.2% over the past three years. お知らせ • Dec 20
Conexio Corporation to Report Q3, 2023 Results on Jan 30, 2023 Conexio Corporation announced that they will report Q3, 2023 results at 3:00 PM, Tokyo Standard Time on Jan 30, 2023 Board Change • Nov 16
Less than half of directors are independent Following 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. 5 non-independent directors. Independent Outside Audit & Supervisory Board Member Akane Tsuji was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 01
Second quarter 2023 earnings released: EPS: JP¥11.74 (vs JP¥23.25 in 2Q 2022) Second quarter 2023 results: EPS: JP¥11.74 (down from JP¥23.25 in 2Q 2022). Revenue: JP¥44.0b (up 1.9% from 2Q 2022). Net income: JP¥525.0m (down 50% from 2Q 2022). Profit margin: 1.2% (down from 2.4% in 2Q 2022). The decrease in margin was driven by higher expenses. お知らせ • Sep 30
Conexio Corporation announced that it has received ¥20 million in funding from Gazelle Capital, Inc. Conexio Corporation announced that it has raised 20 Million yen in a round of funding led by new investor, Gazelle Capital, Inc. on September 29, 2022. The transaction also included participation from Chugin Infinity Fund . The company implemented shares through third-party allotment. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 71% and the cash payout ratio is 88%. Trailing yield: 5.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). お知らせ • Sep 20
Conexio Corporation to Report Q2, 2023 Results on Oct 31, 2022 Conexio Corporation announced that they will report Q2, 2023 results on Oct 31, 2022 お知らせ • Aug 10
Conexio Corporation Provides Non-Consolidated Earnings Guidance for the Year Ending March 31, 2023 Conexio Corporation provided non-consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of JPY 200,000 million, operating profit of JPY 8,600 million, net income of JPY 5,700 million and basic earnings per share of 127.41. Reported Earnings • Jul 29
First quarter 2023 earnings released: EPS: JP¥6.39 (vs JP¥33.22 in 1Q 2022) First quarter 2023 results: EPS: JP¥6.39 (down from JP¥33.22 in 1Q 2022). Revenue: JP¥45.4b (down 1.3% from 1Q 2022). Net income: JP¥286.0m (down 81% from 1Q 2022). Profit margin: 0.6% (down from 3.2% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. お知らせ • Jul 28
Conexio Corporation Provides Dividend Guidance for the Second Quarter of Fiscal 2023 and for the Full Year Ending March 31, 2023 The company expected to pay dividend of JPY 35 per share for the second quarter of fiscal year 2023 compared to JPY 35 per share paid a year ago.Conexio Corporation expected to pay dividend of JPY 35 per share for the year ending March 31, 2023 compared to JPY 35 per share paid a year ago. お知らせ • Jun 22
Conexio Corporation to Report Q1, 2023 Results on Jul 28, 2022 Conexio Corporation announced that they will report Q1, 2023 results on Jul 28, 2022 Price Target Changed • May 27
Price target decreased to JP¥1,260 Down from JP¥1,565, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,323. Stock is down 9.4% over the past year. The company posted earnings per share of JP¥126 last year. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: JP¥126 (vs JP¥168 in FY 2021) Full year 2022 results: EPS: JP¥126 (down from JP¥168 in FY 2021). Revenue: JP¥193.2b (up 2.4% from FY 2021). Net income: JP¥5.62b (down 26% from FY 2021). Profit margin: 2.9% (down from 4.0% in FY 2021). The decrease in margin was driven by higher expenses. Board Change • Apr 27
Less than half of directors are independent Following 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. 5 non-independent directors. Independent Outside Audit & Supervisory Board Member Akane Tsuji was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Mar 29
Conexio Corporation to Report Fiscal Year 2022 Results on Apr 27, 2022 Conexio Corporation announced that they will report fiscal year 2022 results on Apr 27, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥31.50 (down from JP¥50.61 in 3Q 2021). Revenue: JP¥49.1b (down 7.2% from 3Q 2021). Net income: JP¥1.41b (down 38% from 3Q 2021). Profit margin: 2.9% (down from 4.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Reported Earnings • Nov 01
Second quarter 2022 earnings released: EPS JP¥23.25 (vs JP¥50.70 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥43.2b (down 3.7% from 2Q 2021). Net income: JP¥1.04b (down 54% from 2Q 2021). Profit margin: 2.4% (down from 5.1% in 2Q 2021). Upcoming Dividend • Sep 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Price Target Changed • May 29
Price target increased to JP¥1,565 Up from JP¥1,450, the current price target is provided by 1 analyst. New target price is 7.1% above last closing price of JP¥1,461. Stock is down 1.4% over the past year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). お知らせ • Jan 20
Conexio Corporation (TSE:9422) entered into a basic agreement to acquire Docomo Shop Business of K'S Solution Systems Co., Ltd.. Conexio Corporation (TSE:9422) entered into a basic agreement to acquire Docomo Shop Business of K'S Solution Systems Co., Ltd. on January 19, 2021. The transaction is expected to close on March 16, 2021. お知らせ • Dec 19
Conexio Corporation to Report Q3, 2021 Results on Jan 28, 2021 Conexio Corporation announced that they will report Q3, 2021 results on Jan 28, 2021 Is New 90 Day High Low • Dec 11
New 90-day high: JP¥1,294 The company is up 5.0% from its price of JP¥1,235 on 11 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 17% over the same period. Price Target Changed • Dec 01
Price target lowered to JP¥1,450 Down from JP¥1,560, the current price target is provided by 1 analyst. The new target price is 18% above the current share price of JP¥1,226. As of last close, the stock is down 19% over the past year. お知らせ • Oct 10
Conexio Corporation to Report Q2, 2021 Results on Oct 29, 2020 Conexio Corporation announced that they will report Q2, 2021 results on Oct 29, 2020 お知らせ • Jun 29
Conexio Corporation to Report Q1, 2021 Results on Jul 30, 2020 Conexio Corporation announced that they will report Q1, 2021 results on Jul 30, 2020