View ValuationNihon DenkeiLtd 将来の成長Future 基準チェック /06現在、 Nihon DenkeiLtd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12.8%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 • 11hNihon Denkei Co.,Ltd. to Report Fiscal Year 2026 Results on May 13, 2026Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2026 results on May 13, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥54.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥119 (vs JP¥88.92 in 3Q 2025)Third quarter 2026 results: EPS: JP¥119 (up from JP¥88.92 in 3Q 2025). Revenue: JP¥34.5b (up 21% from 3Q 2025). Net income: JP¥1.34b (up 32% from 3Q 2025). Profit margin: 3.9% (up from 3.6% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 20Nihon Denkei Co.,Ltd. to Report Q3, 2026 Results on Feb 06, 2026Nihon Denkei Co.,Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥63.08 (vs JP¥32.02 in 2Q 2025)Second quarter 2026 results: EPS: JP¥63.08 (up from JP¥32.02 in 2Q 2025). Revenue: JP¥28.0b (up 5.7% from 2Q 2025). Net income: JP¥713.0m (up 95% from 2Q 2025). Profit margin: 2.5% (up from 1.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥43.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 38% 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 (1.7%).お知らせ • Sep 01Nihon Denkei Co.,Ltd. to Report Q2, 2026 Results on Nov 10, 2025Nihon Denkei Co.,Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥3.09 (vs JP¥33.37 in 1Q 2025)First quarter 2026 results: EPS: JP¥3.09 (down from JP¥33.37 in 1Q 2025). Revenue: JP¥24.3b (up 11% from 1Q 2025). Net income: JP¥35.0m (down 91% from 1Q 2025). Profit margin: 0.1% (down from 1.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 02Nihon Denkei Co.,Ltd. to Report Q1, 2026 Results on Aug 07, 2025Nihon Denkei Co.,Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025Reported Earnings • Jun 24Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥261 (up from JP¥255 in FY 2024). Revenue: JP¥121.2b (up 12% from FY 2024). Net income: JP¥2.97b (flat on FY 2024). Profit margin: 2.5% (down from 2.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • May 15Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to JP¥2,028. The fair value is estimated to be JP¥1,686, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 7.2%. Revenue is forecast to grow by 4.8% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.New Risk • May 13New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • May 10Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥261 (up from JP¥255 in FY 2024). Revenue: JP¥121.2b (up 12% from FY 2024). Net income: JP¥2.97b (flat on FY 2024). Profit margin: 2.5% (down from 2.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 09Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 20, 2025Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 20, 2025.お知らせ • Mar 28Nihon Denkei Co.,Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2025 results on May 09, 2025お知らせ • Mar 24TOHMEI Industries Co.,Ltd acquired ALAE Engineering Co.,Ltd from Nihon Denkei Co.,Ltd. (TSE:9908)TOHMEI Industries Co.,Ltd acquired ALAE Engineering Co.,Ltd from Nihon Denkei Co.,Ltd. (TSE:9908) on March 24, 2025. TOHMEI Industries Co.,Ltd completed the acquisition of ALAE Engineering Co.,Ltd from Nihon Denkei Co.,Ltd. (TSE:9908) on March 24, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥88.92 (vs JP¥74.88 in 3Q 2024)Third quarter 2025 results: EPS: JP¥88.92 (up from JP¥74.88 in 3Q 2024). Revenue: JP¥28.4b (up 6.5% from 3Q 2024). Net income: JP¥1.02b (up 18% from 3Q 2024). Profit margin: 3.6% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year.お知らせ • Nov 30Nihon Denkei Co.,Ltd. to Report Q3, 2025 Results on Feb 07, 2025Nihon Denkei Co.,Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥32.02 (vs JP¥50.40 in 2Q 2024)Second quarter 2025 results: EPS: JP¥32.02 (down from JP¥50.40 in 2Q 2024). Revenue: JP¥26.5b (up 8.5% from 2Q 2024). Net income: JP¥365.0m (down 37% from 2Q 2024). Profit margin: 1.4% (down from 2.4% in 2Q 2024). 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 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.お知らせ • Nov 11Nihon Denkei Co.,Ltd. (TSE:9908) announces an Equity Buyback for 200,000 shares, representing 1.75% for ¥460 million.Nihon Denkei Co.,Ltd. (TSE:9908) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.75% of its issued share capital (excluding treasury stock), for ¥460 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, as well as to implement a flexible capital policy that responds to changes in the business environment. The program will run until July 31, 2025. As of October 31, 2024, the company had 11,447,639 shares in issue (excluding treasury stock) and 370,868 shares in treasury.Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).お知らせ • Sep 03Nihon Denkei Co.,Ltd. to Report Q2, 2025 Results on Nov 11, 2024Nihon Denkei Co.,Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥33.37 (vs JP¥47.55 in 1Q 2024)First quarter 2025 results: EPS: JP¥33.37 (down from JP¥47.55 in 1Q 2024). Revenue: JP¥21.9b (down 2.0% from 1Q 2024). Net income: JP¥380.0m (down 31% from 1Q 2024). Profit margin: 1.7% (down from 2.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year.Buy Or Sell Opportunity • Aug 07Now 24% overvaluedOver the last 90 days, the stock has fallen 19% to JP¥1,848. The fair value is estimated to be JP¥1,489, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 4.6% per annum over the same time period.Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥255 (vs JP¥248 in FY 2023)Full year 2024 results: EPS: JP¥255 (up from JP¥248 in FY 2023). Revenue: JP¥108.5b (up 3.6% from FY 2023). Net income: JP¥2.95b (up 1.4% from FY 2023). Profit margin: 2.7% (down from 2.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.お知らせ • Jun 19Nihon Denkei Co.,Ltd. to Report Q1, 2025 Results on Aug 08, 2024Nihon Denkei Co.,Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥255 (vs JP¥248 in FY 2023)Full year 2024 results: EPS: JP¥255 (up from JP¥248 in FY 2023). Revenue: JP¥108.5b (up 3.6% from FY 2023). Net income: JP¥2.95b (up 1.4% from FY 2023). Profit margin: 2.7% (down from 2.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 12Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 21, 2024Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 21, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).分析記事 • Mar 14We Think Nihon DenkeiLtd (TSE:9908) Can Stay On Top Of Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Mar 02Nihon Denkei Co.,Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥74.88 (vs JP¥57.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥74.88 (up from JP¥57.95 in 3Q 2023). Revenue: JP¥26.6b (down 4.4% from 3Q 2023). Net income: JP¥865.0m (up 28% from 3Q 2023). Profit margin: 3.2% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 01Nihon Denkei Co.,Ltd. to Report Q3, 2024 Results on Feb 08, 2024Nihon Denkei Co.,Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024お知らせ • Nov 10Nihon Denkei Co.,Ltd. (TSE:9908) announces an Equity Buyback for 200,000 shares, representing 1.73% for ¥460 million.Nihon Denkei Co.,Ltd. (TSE:9908) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.73% of its issued share capital (excluding treasury stock), for ¥460 million. The purpose of the program is to implement flexible capital policy that responds to changes in the business environment while striving to enhance shareholder returns and improve capital efficiency. The program will run until June 30, 2024. As of October 31, 2023, the company had 11,567,430 shares in issue (excluding treasury stock) and 251,077 shares in treasury.Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥50.40 (vs JP¥46.92 in 2Q 2023)Second quarter 2024 results: EPS: JP¥50.40 (up from JP¥46.92 in 2Q 2023). Revenue: JP¥24.4b (down 3.0% from 2Q 2023). Net income: JP¥583.0m (up 5.6% from 2Q 2023). Profit margin: 2.4% (up from 2.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 28Nihon Denkei Co.,Ltd. to Report Q2, 2024 Results on Nov 09, 2023Nihon Denkei Co.,Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).New Risk • Aug 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥47.55 (vs JP¥41.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥47.55 (up from JP¥41.64 in 1Q 2023). Revenue: JP¥22.3b (up 19% from 1Q 2023). Net income: JP¥550.0m (up 12% from 1Q 2023). Profit margin: 2.5% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 29Nihon Denkei Co.,Ltd. to Report Q1, 2024 Results on Aug 09, 2023Nihon Denkei Co.,Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 13Full year 2023 earnings released: EPS: JP¥248 (vs JP¥191 in FY 2022)Full year 2023 results: EPS: JP¥248 (up from JP¥191 in FY 2022). Revenue: JP¥104.8b (up 14% from FY 2022). Net income: JP¥2.91b (up 29% from FY 2022). Profit margin: 2.8% (up from 2.5% 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 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 13Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 23, 2023Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.8%. 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¥57.95 (vs JP¥50.80 in 3Q 2022)Third quarter 2023 results: EPS: JP¥57.95 (up from JP¥50.80 in 3Q 2022). Revenue: JP¥27.9b (up 24% from 3Q 2022). Net income: JP¥676.0m (up 13% from 3Q 2022). Profit margin: 2.4% (down from 2.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 24% per year.お知らせ • Dec 28Nihon Denkei Co.,Ltd. to Report Q3, 2023 Results on Feb 09, 2023Nihon Denkei Co.,Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023Board Change • Nov 16No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. No independent directors (11 non-independent directors). Chairman Tanho Yanagi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥46.92 (vs JP¥51.66 in 2Q 2022)Second quarter 2023 results: EPS: JP¥46.92 (down from JP¥51.66 in 2Q 2022). Revenue: JP¥25.2b (up 12% from 2Q 2022). Net income: JP¥552.0m (down 9.2% from 2Q 2022). Profit margin: 2.2% (down from 2.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 02Nihon Denkei Co.,Ltd. to Report Q2, 2023 Results on Nov 10, 2022Nihon Denkei Co.,Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).お知らせ • Sep 13Nihon Denkei Co.,Ltd. (TSE:9908) announces an Equity Buyback for 200,000 shares, representing 1.7% for ¥350 million.Nihon Denkei Co.,Ltd. (TSE:9908) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.7% of its issued share capital (excluding treasury stock), for ¥350 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement a flexible capital policy that responds to changes in the business environment. The program will run until March 31, 2023. As of August 31, 2022, the company had 11,768,649 shares in issue (excluding treasury stock) and 49,858 shares in treasury.Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥41.63 (vs JP¥25.24 in 1Q 2022)First quarter 2023 results: EPS: JP¥41.63 (up from JP¥25.24 in 1Q 2022). Revenue: JP¥18.8b (up 6.6% from 1Q 2022). Net income: JP¥490.0m (up 65% from 1Q 2022). Profit margin: 2.6% (up from 1.7% 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 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 29Nihon Denkei Co.,Ltd. to Report Q1, 2023 Results on Aug 10, 2022Nihon Denkei Co.,Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥191 (vs JP¥125 in FY 2021)Full year 2022 results: EPS: JP¥191 (up from JP¥125 in FY 2021). Revenue: JP¥91.9b (up 11% from FY 2021). Net income: JP¥2.25b (up 54% from FY 2021). Profit margin: 2.5% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% 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 • May 15Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 24, 2022Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 24, 2022.Board Change • Apr 27No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. No independent directors (9 non-independent directors). Chairman Tanho Yanagi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Apr 08Nihon Denkei Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).Reported Earnings • Feb 10Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥286,398 (up from JP¥31.10 in 3Q 2021). Revenue: JP¥22.5b (up 19% from 3Q 2021). Net income: JP¥598.0m (up 63% from 3Q 2021). Profit margin: 2.7% (up from 1.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 12Second quarter 2022 earnings released: EPS JP¥77.48 (vs JP¥23.71 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥22.5b (up 14% from 2Q 2021). Net income: JP¥608.0m (up 227% from 2Q 2021). Profit margin: 2.7% (up from 0.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥37.85 (vs JP¥3.06 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥17.6b (up 11% from 1Q 2021). Net income: JP¥297.0m (up JP¥273.0m from 1Q 2021). Profit margin: 1.7% (up from 0.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥187 (vs JP¥215 in FY 2020)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥82.7b (down 12% from FY 2020). Net income: JP¥1.47b (down 13% from FY 2020). Profit margin: 1.8% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).Is New 90 Day High Low • Mar 12New 90-day high: JP¥1,369The company is up 9.0% from its price of JP¥1,255 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period.分析記事 • Feb 11Should Nihon Denkei Co.,Ltd. (TYO:9908) Be Part Of Your Dividend Portfolio?Could Nihon Denkei Co.,Ltd. ( TYO:9908 ) be an attractive dividend share to own for the long haul? Investors are often...Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥46.63 (vs JP¥44.48 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥18.9b (down 11% from 3Q 2020). Net income: JP¥366.0m (up 4.9% from 3Q 2020). Profit margin: 1.9% (up from 1.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year.Is New 90 Day High Low • Feb 09New 90-day high: JP¥1,311The company is up 10.0% from its price of JP¥1,190 on 11 November 2020. The Japanese market is up 13% 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.Is New 90 Day High Low • Jan 14New 90-day high: JP¥1,270The company is up 3.0% from its price of JP¥1,234 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.分析記事 • Dec 31How Much Did Nihon DenkeiLtd's(TYO:9908) Shareholders Earn From Share Price Movements Over The Last Three Years?As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock...お知らせ • Dec 05Nihon Denkei Co.,Ltd. to Report Q3, 2021 Results on Feb 09, 2021Nihon Denkei Co.,Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021Is New 90 Day High Low • Dec 03New 90-day high: JP¥1,255The company is up 5.0% from its price of JP¥1,200 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 19% over the same period.Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥23.70The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥19.6b (down 12% from 2Q 2020). Net income: JP¥186.0m (down 41% from 2Q 2020). Profit margin: 0.9% (down from 1.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Oct 19New 90-day high: JP¥1,253The company is up 12% from its price of JP¥1,122 on 21 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period.Upcoming Dividend • Sep 22Upcoming Dividend of JP¥20.00 Per ShareWill be paid on the 9th of December to those who are registered shareholders by the 29th of September. The trailing yield of 4.2% is in the top quartile of Japanese dividend payers (3.1%), and it is higher than industry peers (1.3%).お知らせ • Sep 06Nihon Denkei Co.,Ltd. to Report Q2, 2021 Results on Nov 10, 2020Nihon Denkei Co.,Ltd. announced that they will report Q2, 2021 results on Nov 10, 2020 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、Nihon DenkeiLtd 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:9908 - 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12/31/2025131,2423,300N/AN/AN/A9/30/2025125,1752,976128458N/A6/30/2025123,6522,628N/AN/AN/A3/31/2025121,2352,973-98251N/A12/31/2024111,9082,710N/AN/AN/A9/30/2024110,1632,5593,9044,372N/A6/30/2024108,0952,777N/AN/AN/A3/31/2024108,5392,9473,1343,604N/A12/31/2023106,3253,185N/AN/AN/A9/30/2023107,5392,996-1,296-766N/A6/30/2023108,2892,965N/AN/AN/A3/31/2023104,7782,905-1,541-96N/A12/31/2022101,0572,467N/AN/AN/A9/30/202295,7402,3892,5224,064N/A6/30/202293,0282,445N/AN/AN/A3/31/202291,8572,252-1,072-539N/A12/31/202190,8812,393N/AN/AN/A9/30/202187,2572,161-1,592-1,261N/A6/30/202184,4101,739N/AN/AN/A3/31/202182,6691,4664,0554,573N/A12/31/202084,7921,388N/AN/AN/A9/30/202087,2301,3714,3364,880N/A6/30/202089,8761,498N/AN/AN/A3/31/202093,3681,6902,3013,672N/A12/31/201994,8361,719N/AN/AN/A9/30/201997,5431,828N/A4,059N/A6/30/201999,5882,132N/AN/AN/A3/31/2019100,6462,328N/A2,930N/A12/31/201898,4602,045N/AN/AN/A9/30/201897,4962,125N/A2,771N/A6/30/201895,9761,982N/AN/AN/A3/31/201894,9901,911N/A-2,253N/A12/31/201791,4831,907N/AN/AN/A9/30/201787,9431,855N/A-1,912N/A6/30/201785,6921,816N/AN/AN/A3/31/201783,7981,611N/A2,136N/A12/31/201683,5431,536N/AN/AN/A9/30/201683,4411,404N/A3,884N/A6/30/201684,8241,423N/AN/AN/A3/31/201685,1741,618N/A2,137N/A12/31/201585,6191,807N/AN/AN/A9/30/201586,2262,077N/A390N/A6/30/201583,3132,062N/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: 9908の予測収益成長が 貯蓄率 ( 0.8% ) 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: 9908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: 9908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: 9908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: 9908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: 9908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2026/05/09 20:14終値2026/05/08 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nihon Denkei Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Koichi HariyaIchiyoshi Research Institute Inc.
お知らせ • 11hNihon Denkei Co.,Ltd. to Report Fiscal Year 2026 Results on May 13, 2026Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2026 results on May 13, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥54.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥119 (vs JP¥88.92 in 3Q 2025)Third quarter 2026 results: EPS: JP¥119 (up from JP¥88.92 in 3Q 2025). Revenue: JP¥34.5b (up 21% from 3Q 2025). Net income: JP¥1.34b (up 32% from 3Q 2025). Profit margin: 3.9% (up from 3.6% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 20Nihon Denkei Co.,Ltd. to Report Q3, 2026 Results on Feb 06, 2026Nihon Denkei Co.,Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥63.08 (vs JP¥32.02 in 2Q 2025)Second quarter 2026 results: EPS: JP¥63.08 (up from JP¥32.02 in 2Q 2025). Revenue: JP¥28.0b (up 5.7% from 2Q 2025). Net income: JP¥713.0m (up 95% from 2Q 2025). Profit margin: 2.5% (up from 1.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥43.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 38% 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 (1.7%).
お知らせ • Sep 01Nihon Denkei Co.,Ltd. to Report Q2, 2026 Results on Nov 10, 2025Nihon Denkei Co.,Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥3.09 (vs JP¥33.37 in 1Q 2025)First quarter 2026 results: EPS: JP¥3.09 (down from JP¥33.37 in 1Q 2025). Revenue: JP¥24.3b (up 11% from 1Q 2025). Net income: JP¥35.0m (down 91% from 1Q 2025). Profit margin: 0.1% (down from 1.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 02Nihon Denkei Co.,Ltd. to Report Q1, 2026 Results on Aug 07, 2025Nihon Denkei Co.,Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025
Reported Earnings • Jun 24Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥261 (up from JP¥255 in FY 2024). Revenue: JP¥121.2b (up 12% from FY 2024). Net income: JP¥2.97b (flat on FY 2024). Profit margin: 2.5% (down from 2.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • May 15Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to JP¥2,028. The fair value is estimated to be JP¥1,686, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 7.2%. Revenue is forecast to grow by 4.8% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.
New Risk • May 13New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • May 10Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥261 (up from JP¥255 in FY 2024). Revenue: JP¥121.2b (up 12% from FY 2024). Net income: JP¥2.97b (flat on FY 2024). Profit margin: 2.5% (down from 2.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 09Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 20, 2025Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 20, 2025.
お知らせ • Mar 28Nihon Denkei Co.,Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2025 results on May 09, 2025
お知らせ • Mar 24TOHMEI Industries Co.,Ltd acquired ALAE Engineering Co.,Ltd from Nihon Denkei Co.,Ltd. (TSE:9908)TOHMEI Industries Co.,Ltd acquired ALAE Engineering Co.,Ltd from Nihon Denkei Co.,Ltd. (TSE:9908) on March 24, 2025. TOHMEI Industries Co.,Ltd completed the acquisition of ALAE Engineering Co.,Ltd from Nihon Denkei Co.,Ltd. (TSE:9908) on March 24, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥47.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥88.92 (vs JP¥74.88 in 3Q 2024)Third quarter 2025 results: EPS: JP¥88.92 (up from JP¥74.88 in 3Q 2024). Revenue: JP¥28.4b (up 6.5% from 3Q 2024). Net income: JP¥1.02b (up 18% from 3Q 2024). Profit margin: 3.6% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year.
お知らせ • Nov 30Nihon Denkei Co.,Ltd. to Report Q3, 2025 Results on Feb 07, 2025Nihon Denkei Co.,Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025
Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥32.02 (vs JP¥50.40 in 2Q 2024)Second quarter 2025 results: EPS: JP¥32.02 (down from JP¥50.40 in 2Q 2024). Revenue: JP¥26.5b (up 8.5% from 2Q 2024). Net income: JP¥365.0m (down 37% from 2Q 2024). Profit margin: 1.4% (down from 2.4% in 2Q 2024). 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 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.
お知らせ • Nov 11Nihon Denkei Co.,Ltd. (TSE:9908) announces an Equity Buyback for 200,000 shares, representing 1.75% for ¥460 million.Nihon Denkei Co.,Ltd. (TSE:9908) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.75% of its issued share capital (excluding treasury stock), for ¥460 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, as well as to implement a flexible capital policy that responds to changes in the business environment. The program will run until July 31, 2025. As of October 31, 2024, the company had 11,447,639 shares in issue (excluding treasury stock) and 370,868 shares in treasury.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
お知らせ • Sep 03Nihon Denkei Co.,Ltd. to Report Q2, 2025 Results on Nov 11, 2024Nihon Denkei Co.,Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥33.37 (vs JP¥47.55 in 1Q 2024)First quarter 2025 results: EPS: JP¥33.37 (down from JP¥47.55 in 1Q 2024). Revenue: JP¥21.9b (down 2.0% from 1Q 2024). Net income: JP¥380.0m (down 31% from 1Q 2024). Profit margin: 1.7% (down from 2.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year.
Buy Or Sell Opportunity • Aug 07Now 24% overvaluedOver the last 90 days, the stock has fallen 19% to JP¥1,848. The fair value is estimated to be JP¥1,489, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 4.6% per annum over the same time period.
Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥255 (vs JP¥248 in FY 2023)Full year 2024 results: EPS: JP¥255 (up from JP¥248 in FY 2023). Revenue: JP¥108.5b (up 3.6% from FY 2023). Net income: JP¥2.95b (up 1.4% from FY 2023). Profit margin: 2.7% (down from 2.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.
お知らせ • Jun 19Nihon Denkei Co.,Ltd. to Report Q1, 2025 Results on Aug 08, 2024Nihon Denkei Co.,Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024
Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥255 (vs JP¥248 in FY 2023)Full year 2024 results: EPS: JP¥255 (up from JP¥248 in FY 2023). Revenue: JP¥108.5b (up 3.6% from FY 2023). Net income: JP¥2.95b (up 1.4% from FY 2023). Profit margin: 2.7% (down from 2.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 12Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 21, 2024Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 21, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
分析記事 • Mar 14We Think Nihon DenkeiLtd (TSE:9908) Can Stay On Top Of Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Mar 02Nihon Denkei Co.,Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥74.88 (vs JP¥57.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥74.88 (up from JP¥57.95 in 3Q 2023). Revenue: JP¥26.6b (down 4.4% from 3Q 2023). Net income: JP¥865.0m (up 28% from 3Q 2023). Profit margin: 3.2% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 01Nihon Denkei Co.,Ltd. to Report Q3, 2024 Results on Feb 08, 2024Nihon Denkei Co.,Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024
お知らせ • Nov 10Nihon Denkei Co.,Ltd. (TSE:9908) announces an Equity Buyback for 200,000 shares, representing 1.73% for ¥460 million.Nihon Denkei Co.,Ltd. (TSE:9908) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.73% of its issued share capital (excluding treasury stock), for ¥460 million. The purpose of the program is to implement flexible capital policy that responds to changes in the business environment while striving to enhance shareholder returns and improve capital efficiency. The program will run until June 30, 2024. As of October 31, 2023, the company had 11,567,430 shares in issue (excluding treasury stock) and 251,077 shares in treasury.
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥50.40 (vs JP¥46.92 in 2Q 2023)Second quarter 2024 results: EPS: JP¥50.40 (up from JP¥46.92 in 2Q 2023). Revenue: JP¥24.4b (down 3.0% from 2Q 2023). Net income: JP¥583.0m (up 5.6% from 2Q 2023). Profit margin: 2.4% (up from 2.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 28Nihon Denkei Co.,Ltd. to Report Q2, 2024 Results on Nov 09, 2023Nihon Denkei Co.,Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
New Risk • Aug 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥47.55 (vs JP¥41.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥47.55 (up from JP¥41.64 in 1Q 2023). Revenue: JP¥22.3b (up 19% from 1Q 2023). Net income: JP¥550.0m (up 12% from 1Q 2023). Profit margin: 2.5% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 29Nihon Denkei Co.,Ltd. to Report Q1, 2024 Results on Aug 09, 2023Nihon Denkei Co.,Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 13Full year 2023 earnings released: EPS: JP¥248 (vs JP¥191 in FY 2022)Full year 2023 results: EPS: JP¥248 (up from JP¥191 in FY 2022). Revenue: JP¥104.8b (up 14% from FY 2022). Net income: JP¥2.91b (up 29% from FY 2022). Profit margin: 2.8% (up from 2.5% 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 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 13Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 23, 2023Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.8%. 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¥57.95 (vs JP¥50.80 in 3Q 2022)Third quarter 2023 results: EPS: JP¥57.95 (up from JP¥50.80 in 3Q 2022). Revenue: JP¥27.9b (up 24% from 3Q 2022). Net income: JP¥676.0m (up 13% from 3Q 2022). Profit margin: 2.4% (down from 2.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 24% per year.
お知らせ • Dec 28Nihon Denkei Co.,Ltd. to Report Q3, 2023 Results on Feb 09, 2023Nihon Denkei Co.,Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023
Board Change • Nov 16No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. No independent directors (11 non-independent directors). Chairman Tanho Yanagi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥46.92 (vs JP¥51.66 in 2Q 2022)Second quarter 2023 results: EPS: JP¥46.92 (down from JP¥51.66 in 2Q 2022). Revenue: JP¥25.2b (up 12% from 2Q 2022). Net income: JP¥552.0m (down 9.2% from 2Q 2022). Profit margin: 2.2% (down from 2.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 02Nihon Denkei Co.,Ltd. to Report Q2, 2023 Results on Nov 10, 2022Nihon Denkei Co.,Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
お知らせ • Sep 13Nihon Denkei Co.,Ltd. (TSE:9908) announces an Equity Buyback for 200,000 shares, representing 1.7% for ¥350 million.Nihon Denkei Co.,Ltd. (TSE:9908) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.7% of its issued share capital (excluding treasury stock), for ¥350 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement a flexible capital policy that responds to changes in the business environment. The program will run until March 31, 2023. As of August 31, 2022, the company had 11,768,649 shares in issue (excluding treasury stock) and 49,858 shares in treasury.
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥41.63 (vs JP¥25.24 in 1Q 2022)First quarter 2023 results: EPS: JP¥41.63 (up from JP¥25.24 in 1Q 2022). Revenue: JP¥18.8b (up 6.6% from 1Q 2022). Net income: JP¥490.0m (up 65% from 1Q 2022). Profit margin: 2.6% (up from 1.7% 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 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 29Nihon Denkei Co.,Ltd. to Report Q1, 2023 Results on Aug 10, 2022Nihon Denkei Co.,Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥191 (vs JP¥125 in FY 2021)Full year 2022 results: EPS: JP¥191 (up from JP¥125 in FY 2021). Revenue: JP¥91.9b (up 11% from FY 2021). Net income: JP¥2.25b (up 54% from FY 2021). Profit margin: 2.5% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% 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 • May 15Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 24, 2022Nihon Denkei Co.,Ltd., Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. No independent directors (9 non-independent directors). Chairman Tanho Yanagi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Nihon Denkei Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Nihon Denkei Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).
Reported Earnings • Feb 10Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥286,398 (up from JP¥31.10 in 3Q 2021). Revenue: JP¥22.5b (up 19% from 3Q 2021). Net income: JP¥598.0m (up 63% from 3Q 2021). Profit margin: 2.7% (up from 1.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 12Second quarter 2022 earnings released: EPS JP¥77.48 (vs JP¥23.71 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥22.5b (up 14% from 2Q 2021). Net income: JP¥608.0m (up 227% from 2Q 2021). Profit margin: 2.7% (up from 0.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥37.85 (vs JP¥3.06 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥17.6b (up 11% from 1Q 2021). Net income: JP¥297.0m (up JP¥273.0m from 1Q 2021). Profit margin: 1.7% (up from 0.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥187 (vs JP¥215 in FY 2020)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥82.7b (down 12% from FY 2020). Net income: JP¥1.47b (down 13% from FY 2020). Profit margin: 1.8% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
Is New 90 Day High Low • Mar 12New 90-day high: JP¥1,369The company is up 9.0% from its price of JP¥1,255 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period.
分析記事 • Feb 11Should Nihon Denkei Co.,Ltd. (TYO:9908) Be Part Of Your Dividend Portfolio?Could Nihon Denkei Co.,Ltd. ( TYO:9908 ) be an attractive dividend share to own for the long haul? Investors are often...
Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥46.63 (vs JP¥44.48 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥18.9b (down 11% from 3Q 2020). Net income: JP¥366.0m (up 4.9% from 3Q 2020). Profit margin: 1.9% (up from 1.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year.
Is New 90 Day High Low • Feb 09New 90-day high: JP¥1,311The company is up 10.0% from its price of JP¥1,190 on 11 November 2020. The Japanese market is up 13% 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.
Is New 90 Day High Low • Jan 14New 90-day high: JP¥1,270The company is up 3.0% from its price of JP¥1,234 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.
分析記事 • Dec 31How Much Did Nihon DenkeiLtd's(TYO:9908) Shareholders Earn From Share Price Movements Over The Last Three Years?As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock...
お知らせ • Dec 05Nihon Denkei Co.,Ltd. to Report Q3, 2021 Results on Feb 09, 2021Nihon Denkei Co.,Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021
Is New 90 Day High Low • Dec 03New 90-day high: JP¥1,255The company is up 5.0% from its price of JP¥1,200 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 19% over the same period.
Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥23.70The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥19.6b (down 12% from 2Q 2020). Net income: JP¥186.0m (down 41% from 2Q 2020). Profit margin: 0.9% (down from 1.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Oct 19New 90-day high: JP¥1,253The company is up 12% from its price of JP¥1,122 on 21 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period.
Upcoming Dividend • Sep 22Upcoming Dividend of JP¥20.00 Per ShareWill be paid on the 9th of December to those who are registered shareholders by the 29th of September. The trailing yield of 4.2% is in the top quartile of Japanese dividend payers (3.1%), and it is higher than industry peers (1.3%).
お知らせ • Sep 06Nihon Denkei Co.,Ltd. to Report Q2, 2021 Results on Nov 10, 2020Nihon Denkei Co.,Ltd. announced that they will report Q2, 2021 results on Nov 10, 2020