View Past PerformanceInnotech バランスシートの健全性財務の健全性 基準チェック /66Innotechの総株主資本は¥27.1B 、総負債は¥4.9Bで、負債比率は18%となります。総資産と総負債はそれぞれ¥48.0Bと¥20.9Bです。 Innotechの EBIT は¥3.1Bで、利息カバレッジ比率19.8です。現金および短期投資は¥8.5Bです。主要情報17.97%負債資本比率JP¥4.87b負債インタレスト・カバレッジ・レシオ19.8x現金JP¥8.53bエクイティJP¥27.11b負債合計JP¥20.94b総資産JP¥48.05b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updates分析記事 • May 22Innotech's (TSE:9880) Solid Profits Have Weak FundamentalsInnotech Corporation ( TSE:9880 ) just reported some strong earnings, and the market reacted accordingly with a healthy...Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥320 (vs JP¥89.53 in FY 2025)Full year 2026 results: EPS: JP¥320 (up from JP¥89.53 in FY 2025). Revenue: JP¥46.7b (up 11% from FY 2025). Net income: JP¥4.11b (up 243% from FY 2025). Profit margin: 8.8% (up from 2.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 14Innotech Corporation, Annual General Meeting, Jun 25, 2026Innotech Corporation, Annual General Meeting, Jun 25, 2026.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥3,365, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 166% over the past three years.お知らせ • Apr 24Innotech Corporation (TSE:9880) entered into agreement to acquire Net Vision Co. Ltd.Innotech Corporation (TSE:9880) entered into agreement to acquire Net Vision Co. Ltd. on April 23, 2026.Buy Or Sell Opportunity • Apr 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to JP¥2,703. The fair value is estimated to be JP¥2,213, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 6.1%.New Risk • Mar 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 9.6% per year over the past 5 years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Buy Or Sell Opportunity • Mar 05Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to JP¥2,756. The fair value is estimated to be JP¥2,225, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 6.1%.分析記事 • Feb 10Earnings Tell The Story For Innotech Corporation (TSE:9880) As Its Stock Soars 25%Despite an already strong run, Innotech Corporation ( TSE:9880 ) shares have been powering on, with a gain of 25% in...Buy Or Sell Opportunity • Feb 10Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to JP¥2,779. The fair value is estimated to be JP¥2,209, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 6.1%.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 29%After last week's 29% share price gain to JP¥2,786, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 148% over the past three years.分析記事 • Feb 09Innotech (TSE:9880) Might Have The Makings Of A Multi-BaggerIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Jan 01Innotech (TSE:9880) Is Due To Pay A Dividend Of ¥35.00The board of Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend on the 26th of June, with...お知らせ • Jan 01+ 3 more updatesInnotech Corporation to Report Fiscal Year 2026 Results on May 14, 2026Innotech Corporation announced that they will report fiscal year 2026 results on May 14, 2026分析記事 • Dec 11Innotech (TSE:9880) Has Announced A Dividend Of ¥35.00Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend of ¥35.00 per share on the 26th of June...Declared Dividend • Dec 11First half dividend of JP¥35.00 announcedDividend of JP¥35.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Dec 09New 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: Major Risk Earnings have declined by 7.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results.分析記事 • Nov 20Concerns Surrounding Innotech's (TSE:9880) PerformanceInnotech Corporation ( TSE:9880 ) just released a solid earnings report, and the stock displayed some strength. Despite...分析記事 • Nov 13Innotech Corporation's (TSE:9880) 26% Share Price Surge Not Quite Adding UpInnotech Corporation ( TSE:9880 ) shares have continued their recent momentum with a 26% gain in the last month alone...Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥29.60 (vs JP¥1.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.60 (up from JP¥1.86 in 2Q 2025). Revenue: JP¥12.1b (up 15% from 2Q 2025). Net income: JP¥388.3m (up JP¥363.3m from 2Q 2025). Profit margin: 3.2% (up from 0.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Nov 10Innotech Corporation (TSE:9880) announces an Equity Buyback for 1,400,000 shares, representing 10.67% for ¥2,000 million.Innotech Corporation (TSE:9880) announces a share repurchase program. Under the program, the company will repurchase up to 1,400,000 shares, representing 10.67% of its issued share capital, for ¥ 2,000 million. The purpose of the program is to improve capital efficiency and return profits to shareholders. The program is valid till April 30, 2026. As of September 30, 2025, the company had 13,124,086 outstanding shares (excluding treasury stock) and 575,914 treasury shares.Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).分析記事 • Aug 13Innotech (TSE:9880) Is Paying Out A Dividend Of ¥35.00The board of Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend of ¥35.00 per share on the 9th...Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥14.10 (vs JP¥17.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥14.10 (down from JP¥17.06 in 1Q 2025). Revenue: JP¥9.46b (down 9.1% from 1Q 2025). Net income: JP¥185.0m (down 19% from 1Q 2025). Profit margin: 2.0% (down from 2.2% 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 13% 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 • Jul 23Innotech (TSE:9880) Will Pay A Dividend Of ¥35.00Innotech Corporation's ( TSE:9880 ) investors are due to receive a payment of ¥35.00 per share on 9th of December. The...分析記事 • Jul 09Innotech (TSE:9880) Is Paying Out A Dividend Of ¥35.00The board of Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend on the 9th of December, with...Declared Dividend • Jul 09Final dividend of JP¥35.00 announcedDividend of JP¥35.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 4.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but not covered by cash flows (178% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • May 22Innotech's (TSE:9880) Shareholders Have More To Worry About Than Only Soft EarningsInnotech Corporation's ( TSE:9880 ) stock showed strength, with investors undeterred by its weak earnings report. We...Reported Earnings • May 15Full year 2025 earnings released: EPS: JP¥89.52 (vs JP¥111 in FY 2024)Full year 2025 results: EPS: JP¥89.52 (down from JP¥111 in FY 2024). Revenue: JP¥42.0b (up 1.5% from FY 2024). Net income: JP¥1.20b (down 19% from FY 2024). Profit margin: 2.9% (down from 3.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • May 13Innotech Corporation, Annual General Meeting, Jun 25, 2025Innotech Corporation, Annual General Meeting, Jun 25, 2025.Buy Or Sell Opportunity • Apr 10Now 27% overvaluedOver the last 90 days, the stock has fallen 15% to JP¥1,158. The fair value is estimated to be JP¥910, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has declined by 18%.New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Market cap is less than US$100m (JP¥14.7b market cap, or US$99.4m).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,105, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 2.6% over the past three years.分析記事 • Mar 26Innotech (TSE:9880) Is Due To Pay A Dividend Of ¥35.00The board of Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend on the 26th of June, with...お知らせ • Mar 26+ 2 more updatesInnotech Corporation to Report Q1, 2026 Results on Aug 08, 2025Innotech Corporation announced that they will report Q1, 2026 results on Aug 08, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 64% and the cash payout ratio is 98%. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).分析記事 • Mar 03Innotech (TSE:9880) Will Pay A Dividend Of ¥35.00Innotech Corporation ( TSE:9880 ) will pay a dividend of ¥35.00 on the 26th of June. Based on this payment, the...お知らせ • Mar 01Innotech Corporation to Report Fiscal Year 2025 Results on May 13, 2025Innotech Corporation announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: JP¥39.94 (vs JP¥11.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥39.94 (up from JP¥11.97 in 3Q 2024). Revenue: JP¥9.11b (down 16% from 3Q 2024). Net income: JP¥536.6m (up 233% from 3Q 2024). Profit margin: 5.9% (up from 1.5% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.分析記事 • Dec 30Innotech's (TSE:9880) Dividend Will Be ¥35.00Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend of ¥35.00 per share on the 26th of June...分析記事 • Dec 10Innotech's (TSE:9880) Dividend Will Be ¥35.00Innotech Corporation's ( TSE:9880 ) investors are due to receive a payment of ¥35.00 per share on 26th of June. Based...Declared Dividend • Dec 10First half dividend of JP¥35.00 announcedDividend of JP¥35.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 5.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.分析記事 • Nov 20Innotech's (TSE:9880) Conservative Accounting Might Explain Soft EarningsThe most recent earnings report from Innotech Corporation ( TSE:9880 ) was disappointing for shareholders. However, our...New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.6% Last year net profit margin: 4.1% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥1.86 (vs JP¥48.00 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.86 (down from JP¥48.00 in 2Q 2024). Revenue: JP¥10.6b (down 1.8% from 2Q 2024). Net income: JP¥25.0m (down 96% from 2Q 2024). Profit margin: 0.2% (down from 6.0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Nov 08Innotech Corporation (TSE:9880) announces an Equity Buyback for 400,000 shares, representing 2.97% for ¥500 million.Innotech Corporation (TSE:9880) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.97% of its issued share capital, for ¥ 500 million. The purpose of the program is to improve capital efficiency and return profits to shareholders. The program is valid till May 31, 2025. As of September 30, 2024, the company had 13,459,686 outstanding shares (excluding treasury stock) and 240,314 treasury shares.Upcoming Dividend • Sep 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).分析記事 • Aug 27Innotech's (TSE:9880) Dividend Will Be ¥35.00Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend of ¥35.00 per share on the 11th of...Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥32.25 (vs JP¥14.38 in 1Q 2024)First quarter 2025 results: EPS: JP¥32.25 (up from JP¥14.38 in 1Q 2024). Revenue: JP¥10.2b (up 18% from 1Q 2024). Net income: JP¥434.0m (up 130% from 1Q 2024). Profit margin: 4.2% (up from 2.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.分析記事 • Aug 13Innotech's (TSE:9880) Dividend Will Be ¥35.00Innotech Corporation ( TSE:9880 ) will pay a dividend of ¥35.00 on the 11th of December. Based on this payment, the...分析記事 • Aug 05Innotech Corporation (TSE:9880) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelyInnotech Corporation ( TSE:9880 ) shareholders that were waiting for something to happen have been dealt a blow with a...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥1,282, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 6.4% over the past three years.分析記事 • Jul 25Innotech (TSE:9880) Is Paying Out A Dividend Of ¥35.00Innotech Corporation's ( TSE:9880 ) investors are due to receive a payment of ¥35.00 per share on 11th of December...分析記事 • Jul 11Innotech (TSE:9880) Has Announced A Dividend Of ¥35.00Innotech Corporation's ( TSE:9880 ) investors are due to receive a payment of ¥35.00 per share on 11th of December...Declared Dividend • Jul 11Final dividend of JP¥35.00 announcedDividend of JP¥35.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 11th December 2024 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Outside Director Shino Hirose was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • May 21Innotech's (TSE:9880) Soft Earnings Don't Show The Whole PictureThe market for Innotech Corporation's ( TSE:9880 ) shares didn't move much after it posted weak earnings recently. Our...Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥111 (vs JP¥127 in FY 2023)Full year 2024 results: EPS: JP¥111 (down from JP¥127 in FY 2023). Revenue: JP¥41.4b (up 7.1% from FY 2023). Net income: JP¥1.48b (down 11% from FY 2023). Profit margin: 3.6% (down from 4.3% in FY 2023). The decrease in margin was driven by higher expenses. 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 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥11.97 (vs JP¥5.10 in 3Q 2023)Third quarter 2024 results: EPS: JP¥11.97 (up from JP¥5.10 in 3Q 2023). Revenue: JP¥10.9b (up 30% from 3Q 2023). Net income: JP¥161.0m (up 140% from 3Q 2023). Profit margin: 1.5% (up from 0.8% in 3Q 2023). The increase in margin was driven by higher revenue. 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 10% per year, which means it is well ahead of earnings.お知らせ • Feb 02+ 4 more updatesInnotech Corporation to Report Q3, 2025 Results on Feb 10, 2025Innotech Corporation announced that they will report Q3, 2025 results on Feb 10, 2025New Risk • Nov 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥48.00 (vs JP¥50.15 in 2Q 2023)Second quarter 2024 results: EPS: JP¥48.00 (down from JP¥50.15 in 2Q 2023). Revenue: JP¥10.8b (flat on 2Q 2023). Net income: JP¥644.0m (down 2.1% from 2Q 2023). Profit margin: 6.0% (down from 6.1% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.お知らせ • Oct 10Innotech Corporation to Report Q3, 2024 Results on Feb 08, 2024Innotech Corporation announced that they will report Q3, 2024 results on Feb 08, 2024Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 4.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 December 2023. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).お知らせ • Aug 27Innotech Corporation to Report Q2, 2024 Results on Nov 09, 2023Innotech Corporation announced that they will report Q2, 2024 results on Nov 09, 2023Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥14.38 (vs JP¥20.22 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.38 (down from JP¥20.22 in 1Q 2023). Revenue: JP¥8.69b (down 3.8% from 1Q 2023). Net income: JP¥189.0m (down 29% from 1Q 2023). Profit margin: 2.2% (down from 2.9% 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 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 28Innotech Corporation to Report Q1, 2024 Results on Aug 09, 2023Innotech Corporation announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥127 (vs JP¥169 in FY 2022)Full year 2023 results: EPS: JP¥127 (down from JP¥169 in FY 2022). Revenue: JP¥38.6b (up 3.7% from FY 2022). Net income: JP¥1.67b (down 24% from FY 2022). Profit margin: 4.3% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.お知らせ • May 14Innotech Corporation, Annual General Meeting, Jun 23, 2023Innotech Corporation, Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 5.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥5.13 (vs JP¥41.42 in 3Q 2022)Third quarter 2023 results: EPS: JP¥5.13 (down from JP¥41.42 in 3Q 2022). Revenue: JP¥8.36b (down 8.1% from 3Q 2022). Net income: JP¥67.4m (down 88% from 3Q 2022). Profit margin: 0.8% (down from 6.0% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09+ 1 more updateInnotech Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Innotech Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects revenue of JPY 40,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 1,750 million and profit attributable to owners of parent per share of JPY 133.17.Board Change • Nov 16Less 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. 6 non-independent directors. Independent Outside Director Shino Hirose 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 • Nov 12+ 1 more updateInnotech Corporation Provides Earnings Guidance for the Year Ending March 31, 2023Innotech Corporation provided earnings guidance for the year ending March 31, 2023. For the year, the company expected Net sales of JPY 40,000 million, Operating profit of JPY 2,500 million, profit attributable to owners of parent to be JPY 1,750 million, and profit attributable to owners of parent per share to be JPY 133.21.Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥50.15 (vs JP¥58.50 in 2Q 2022)Second quarter 2023 results: EPS: JP¥50.15 (down from JP¥58.50 in 2Q 2022). Revenue: JP¥10.7b (up 11% from 2Q 2022). Net income: JP¥658.0m (down 14% from 2Q 2022). Profit margin: 6.1% (down from 8.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥20.22 (vs JP¥50.24 in 1Q 2022)First quarter 2023 results: EPS: JP¥20.22 (down from JP¥50.24 in 1Q 2022). Revenue: JP¥9.04b (down 2.1% from 1Q 2022). Net income: JP¥265.0m (down 59% from 1Q 2022). Profit margin: 2.9% (down from 6.9% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 7.5%, compared to a 9.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥169 (up from JP¥121 in FY 2021). Revenue: JP¥37.2b (up 14% from FY 2021). Net income: JP¥2.19b (up 43% from FY 2021). Profit margin: 5.9% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 6.2%, compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • May 13+ 2 more updatesInnotech Corporation Provides Consolidated Earning Guidance for the Fiscal Year Ending March 31, 2023Innotech Corporation provided Consolidated earning guidance for the fiscal year ending March 31, 2023. For the year the company expects net sales to be JPY 39,000 million, Operating profit to be JPY 2,650 million, Profit attributable to owners of parents to be JPY 1,700 million and EPS to be JPY 129.69.Buying Opportunity • May 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.3%. The fair value is estimated to be JP¥1,678, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 6.8% in 2 years. Earnings is forecast to decline by 19% in the next 2 years.財務状況分析短期負債: 9880の 短期資産 ( ¥34.8B ) が 短期負債 ( ¥19.1B ) を超えています。長期負債: 9880の短期資産 ( ¥34.8B ) が 長期負債 ( ¥1.9B ) 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: 9880総負債よりも多くの現金を保有しています。負債の削減: 9880の負債対資本比率は、過去 5 年間で40.4%から18%に減少しました。債務返済能力: 9880の負債は 営業キャッシュフロー によって 十分にカバー されています ( 83.3% )。インタレストカバレッジ: 9880の負債に対する 利息支払い は EBIT ( 19.8 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2026/06/11 11:51終値2026/06/11 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Innotech 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。3 アナリスト機関Kyoko HiranakaCitigroup IncMitsuhiro OsawaIchiyoshi Research Institute Inc.Tetsuya WadakiNomura Securities Co. Ltd.
分析記事 • May 22Innotech's (TSE:9880) Solid Profits Have Weak FundamentalsInnotech Corporation ( TSE:9880 ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥320 (vs JP¥89.53 in FY 2025)Full year 2026 results: EPS: JP¥320 (up from JP¥89.53 in FY 2025). Revenue: JP¥46.7b (up 11% from FY 2025). Net income: JP¥4.11b (up 243% from FY 2025). Profit margin: 8.8% (up from 2.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 14Innotech Corporation, Annual General Meeting, Jun 25, 2026Innotech Corporation, Annual General Meeting, Jun 25, 2026.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥3,365, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 166% over the past three years.
お知らせ • Apr 24Innotech Corporation (TSE:9880) entered into agreement to acquire Net Vision Co. Ltd.Innotech Corporation (TSE:9880) entered into agreement to acquire Net Vision Co. Ltd. on April 23, 2026.
Buy Or Sell Opportunity • Apr 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to JP¥2,703. The fair value is estimated to be JP¥2,213, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 6.1%.
New Risk • Mar 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 9.6% per year over the past 5 years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Buy Or Sell Opportunity • Mar 05Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 31% to JP¥2,756. The fair value is estimated to be JP¥2,225, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 6.1%.
分析記事 • Feb 10Earnings Tell The Story For Innotech Corporation (TSE:9880) As Its Stock Soars 25%Despite an already strong run, Innotech Corporation ( TSE:9880 ) shares have been powering on, with a gain of 25% in...
Buy Or Sell Opportunity • Feb 10Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to JP¥2,779. The fair value is estimated to be JP¥2,209, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 6.1%.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 29%After last week's 29% share price gain to JP¥2,786, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 148% over the past three years.
分析記事 • Feb 09Innotech (TSE:9880) Might Have The Makings Of A Multi-BaggerIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Jan 01Innotech (TSE:9880) Is Due To Pay A Dividend Of ¥35.00The board of Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend on the 26th of June, with...
お知らせ • Jan 01+ 3 more updatesInnotech Corporation to Report Fiscal Year 2026 Results on May 14, 2026Innotech Corporation announced that they will report fiscal year 2026 results on May 14, 2026
分析記事 • Dec 11Innotech (TSE:9880) Has Announced A Dividend Of ¥35.00Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend of ¥35.00 per share on the 26th of June...
Declared Dividend • Dec 11First half dividend of JP¥35.00 announcedDividend of JP¥35.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Dec 09New 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: Major Risk Earnings have declined by 7.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results.
分析記事 • Nov 20Concerns Surrounding Innotech's (TSE:9880) PerformanceInnotech Corporation ( TSE:9880 ) just released a solid earnings report, and the stock displayed some strength. Despite...
分析記事 • Nov 13Innotech Corporation's (TSE:9880) 26% Share Price Surge Not Quite Adding UpInnotech Corporation ( TSE:9880 ) shares have continued their recent momentum with a 26% gain in the last month alone...
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥29.60 (vs JP¥1.86 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.60 (up from JP¥1.86 in 2Q 2025). Revenue: JP¥12.1b (up 15% from 2Q 2025). Net income: JP¥388.3m (up JP¥363.3m from 2Q 2025). Profit margin: 3.2% (up from 0.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Nov 10Innotech Corporation (TSE:9880) announces an Equity Buyback for 1,400,000 shares, representing 10.67% for ¥2,000 million.Innotech Corporation (TSE:9880) announces a share repurchase program. Under the program, the company will repurchase up to 1,400,000 shares, representing 10.67% of its issued share capital, for ¥ 2,000 million. The purpose of the program is to improve capital efficiency and return profits to shareholders. The program is valid till April 30, 2026. As of September 30, 2025, the company had 13,124,086 outstanding shares (excluding treasury stock) and 575,914 treasury shares.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
分析記事 • Aug 13Innotech (TSE:9880) Is Paying Out A Dividend Of ¥35.00The board of Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend of ¥35.00 per share on the 9th...
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥14.10 (vs JP¥17.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥14.10 (down from JP¥17.06 in 1Q 2025). Revenue: JP¥9.46b (down 9.1% from 1Q 2025). Net income: JP¥185.0m (down 19% from 1Q 2025). Profit margin: 2.0% (down from 2.2% 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 13% 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 • Jul 23Innotech (TSE:9880) Will Pay A Dividend Of ¥35.00Innotech Corporation's ( TSE:9880 ) investors are due to receive a payment of ¥35.00 per share on 9th of December. The...
分析記事 • Jul 09Innotech (TSE:9880) Is Paying Out A Dividend Of ¥35.00The board of Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend on the 9th of December, with...
Declared Dividend • Jul 09Final dividend of JP¥35.00 announcedDividend of JP¥35.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 4.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but not covered by cash flows (178% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • May 22Innotech's (TSE:9880) Shareholders Have More To Worry About Than Only Soft EarningsInnotech Corporation's ( TSE:9880 ) stock showed strength, with investors undeterred by its weak earnings report. We...
Reported Earnings • May 15Full year 2025 earnings released: EPS: JP¥89.52 (vs JP¥111 in FY 2024)Full year 2025 results: EPS: JP¥89.52 (down from JP¥111 in FY 2024). Revenue: JP¥42.0b (up 1.5% from FY 2024). Net income: JP¥1.20b (down 19% from FY 2024). Profit margin: 2.9% (down from 3.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • May 13Innotech Corporation, Annual General Meeting, Jun 25, 2025Innotech Corporation, Annual General Meeting, Jun 25, 2025.
Buy Or Sell Opportunity • Apr 10Now 27% overvaluedOver the last 90 days, the stock has fallen 15% to JP¥1,158. The fair value is estimated to be JP¥910, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has declined by 18%.
New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Market cap is less than US$100m (JP¥14.7b market cap, or US$99.4m).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,105, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 2.6% over the past three years.
分析記事 • Mar 26Innotech (TSE:9880) Is Due To Pay A Dividend Of ¥35.00The board of Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend on the 26th of June, with...
お知らせ • Mar 26+ 2 more updatesInnotech Corporation to Report Q1, 2026 Results on Aug 08, 2025Innotech Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 64% and the cash payout ratio is 98%. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
分析記事 • Mar 03Innotech (TSE:9880) Will Pay A Dividend Of ¥35.00Innotech Corporation ( TSE:9880 ) will pay a dividend of ¥35.00 on the 26th of June. Based on this payment, the...
お知らせ • Mar 01Innotech Corporation to Report Fiscal Year 2025 Results on May 13, 2025Innotech Corporation announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: JP¥39.94 (vs JP¥11.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥39.94 (up from JP¥11.97 in 3Q 2024). Revenue: JP¥9.11b (down 16% from 3Q 2024). Net income: JP¥536.6m (up 233% from 3Q 2024). Profit margin: 5.9% (up from 1.5% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
分析記事 • Dec 30Innotech's (TSE:9880) Dividend Will Be ¥35.00Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend of ¥35.00 per share on the 26th of June...
分析記事 • Dec 10Innotech's (TSE:9880) Dividend Will Be ¥35.00Innotech Corporation's ( TSE:9880 ) investors are due to receive a payment of ¥35.00 per share on 26th of June. Based...
Declared Dividend • Dec 10First half dividend of JP¥35.00 announcedDividend of JP¥35.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 5.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
分析記事 • Nov 20Innotech's (TSE:9880) Conservative Accounting Might Explain Soft EarningsThe most recent earnings report from Innotech Corporation ( TSE:9880 ) was disappointing for shareholders. However, our...
New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.6% Last year net profit margin: 4.1% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).
Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥1.86 (vs JP¥48.00 in 2Q 2024)Second quarter 2025 results: EPS: JP¥1.86 (down from JP¥48.00 in 2Q 2024). Revenue: JP¥10.6b (down 1.8% from 2Q 2024). Net income: JP¥25.0m (down 96% from 2Q 2024). Profit margin: 0.2% (down from 6.0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Nov 08Innotech Corporation (TSE:9880) announces an Equity Buyback for 400,000 shares, representing 2.97% for ¥500 million.Innotech Corporation (TSE:9880) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.97% of its issued share capital, for ¥ 500 million. The purpose of the program is to improve capital efficiency and return profits to shareholders. The program is valid till May 31, 2025. As of September 30, 2024, the company had 13,459,686 outstanding shares (excluding treasury stock) and 240,314 treasury shares.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
分析記事 • Aug 27Innotech's (TSE:9880) Dividend Will Be ¥35.00Innotech Corporation ( TSE:9880 ) has announced that it will pay a dividend of ¥35.00 per share on the 11th of...
Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥32.25 (vs JP¥14.38 in 1Q 2024)First quarter 2025 results: EPS: JP¥32.25 (up from JP¥14.38 in 1Q 2024). Revenue: JP¥10.2b (up 18% from 1Q 2024). Net income: JP¥434.0m (up 130% from 1Q 2024). Profit margin: 4.2% (up from 2.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
分析記事 • Aug 13Innotech's (TSE:9880) Dividend Will Be ¥35.00Innotech Corporation ( TSE:9880 ) will pay a dividend of ¥35.00 on the 11th of December. Based on this payment, the...
分析記事 • Aug 05Innotech Corporation (TSE:9880) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelyInnotech Corporation ( TSE:9880 ) shareholders that were waiting for something to happen have been dealt a blow with a...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥1,282, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 6.4% over the past three years.
分析記事 • Jul 25Innotech (TSE:9880) Is Paying Out A Dividend Of ¥35.00Innotech Corporation's ( TSE:9880 ) investors are due to receive a payment of ¥35.00 per share on 11th of December...
分析記事 • Jul 11Innotech (TSE:9880) Has Announced A Dividend Of ¥35.00Innotech Corporation's ( TSE:9880 ) investors are due to receive a payment of ¥35.00 per share on 11th of December...
Declared Dividend • Jul 11Final dividend of JP¥35.00 announcedDividend of JP¥35.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 11th December 2024 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Outside Director Shino Hirose was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • May 21Innotech's (TSE:9880) Soft Earnings Don't Show The Whole PictureThe market for Innotech Corporation's ( TSE:9880 ) shares didn't move much after it posted weak earnings recently. Our...
Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥111 (vs JP¥127 in FY 2023)Full year 2024 results: EPS: JP¥111 (down from JP¥127 in FY 2023). Revenue: JP¥41.4b (up 7.1% from FY 2023). Net income: JP¥1.48b (down 11% from FY 2023). Profit margin: 3.6% (down from 4.3% in FY 2023). The decrease in margin was driven by higher expenses. 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 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥11.97 (vs JP¥5.10 in 3Q 2023)Third quarter 2024 results: EPS: JP¥11.97 (up from JP¥5.10 in 3Q 2023). Revenue: JP¥10.9b (up 30% from 3Q 2023). Net income: JP¥161.0m (up 140% from 3Q 2023). Profit margin: 1.5% (up from 0.8% in 3Q 2023). The increase in margin was driven by higher revenue. 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 10% per year, which means it is well ahead of earnings.
お知らせ • Feb 02+ 4 more updatesInnotech Corporation to Report Q3, 2025 Results on Feb 10, 2025Innotech Corporation announced that they will report Q3, 2025 results on Feb 10, 2025
New Risk • Nov 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥48.00 (vs JP¥50.15 in 2Q 2023)Second quarter 2024 results: EPS: JP¥48.00 (down from JP¥50.15 in 2Q 2023). Revenue: JP¥10.8b (flat on 2Q 2023). Net income: JP¥644.0m (down 2.1% from 2Q 2023). Profit margin: 6.0% (down from 6.1% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
お知らせ • Oct 10Innotech Corporation to Report Q3, 2024 Results on Feb 08, 2024Innotech Corporation announced that they will report Q3, 2024 results on Feb 08, 2024
Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 4.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 December 2023. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
お知らせ • Aug 27Innotech Corporation to Report Q2, 2024 Results on Nov 09, 2023Innotech Corporation announced that they will report Q2, 2024 results on Nov 09, 2023
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥14.38 (vs JP¥20.22 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.38 (down from JP¥20.22 in 1Q 2023). Revenue: JP¥8.69b (down 3.8% from 1Q 2023). Net income: JP¥189.0m (down 29% from 1Q 2023). Profit margin: 2.2% (down from 2.9% 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 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 28Innotech Corporation to Report Q1, 2024 Results on Aug 09, 2023Innotech Corporation announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥127 (vs JP¥169 in FY 2022)Full year 2023 results: EPS: JP¥127 (down from JP¥169 in FY 2022). Revenue: JP¥38.6b (up 3.7% from FY 2022). Net income: JP¥1.67b (down 24% from FY 2022). Profit margin: 4.3% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.
お知らせ • May 14Innotech Corporation, Annual General Meeting, Jun 23, 2023Innotech Corporation, Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 5.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥5.13 (vs JP¥41.42 in 3Q 2022)Third quarter 2023 results: EPS: JP¥5.13 (down from JP¥41.42 in 3Q 2022). Revenue: JP¥8.36b (down 8.1% from 3Q 2022). Net income: JP¥67.4m (down 88% from 3Q 2022). Profit margin: 0.8% (down from 6.0% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09+ 1 more updateInnotech Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Innotech Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects revenue of JPY 40,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 1,750 million and profit attributable to owners of parent per share of JPY 133.17.
Board Change • Nov 16Less 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. 6 non-independent directors. Independent Outside Director Shino Hirose 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 • Nov 12+ 1 more updateInnotech Corporation Provides Earnings Guidance for the Year Ending March 31, 2023Innotech Corporation provided earnings guidance for the year ending March 31, 2023. For the year, the company expected Net sales of JPY 40,000 million, Operating profit of JPY 2,500 million, profit attributable to owners of parent to be JPY 1,750 million, and profit attributable to owners of parent per share to be JPY 133.21.
Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥50.15 (vs JP¥58.50 in 2Q 2022)Second quarter 2023 results: EPS: JP¥50.15 (down from JP¥58.50 in 2Q 2022). Revenue: JP¥10.7b (up 11% from 2Q 2022). Net income: JP¥658.0m (down 14% from 2Q 2022). Profit margin: 6.1% (down from 8.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥20.22 (vs JP¥50.24 in 1Q 2022)First quarter 2023 results: EPS: JP¥20.22 (down from JP¥50.24 in 1Q 2022). Revenue: JP¥9.04b (down 2.1% from 1Q 2022). Net income: JP¥265.0m (down 59% from 1Q 2022). Profit margin: 2.9% (down from 6.9% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 7.5%, compared to a 9.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥169 (up from JP¥121 in FY 2021). Revenue: JP¥37.2b (up 14% from FY 2021). Net income: JP¥2.19b (up 43% from FY 2021). Profit margin: 5.9% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 6.2%, compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13+ 2 more updatesInnotech Corporation Provides Consolidated Earning Guidance for the Fiscal Year Ending March 31, 2023Innotech Corporation provided Consolidated earning guidance for the fiscal year ending March 31, 2023. For the year the company expects net sales to be JPY 39,000 million, Operating profit to be JPY 2,650 million, Profit attributable to owners of parents to be JPY 1,700 million and EPS to be JPY 129.69.
Buying Opportunity • May 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.3%. The fair value is estimated to be JP¥1,678, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 6.8% in 2 years. Earnings is forecast to decline by 19% in the next 2 years.