View Future GrowthTradia 過去の業績過去 基準チェック /56Tradiaは、平均年間4.4%の収益成長を遂げていますが、 Infrastructure業界の収益は、年間 成長しています。収益は、平均年間7.1% 1.7%収益成長率で 減少しています。 Tradiaの自己資本利益率は6.1%であり、純利益率は2.2%です。主要情報4.42%収益成長率4.39%EPS成長率Infrastructure 業界の成長7.16%収益成長率-1.67%株主資本利益率6.12%ネット・マージン2.20%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 16Full year 2026 earnings released: EPS: JP¥247 (vs JP¥182 in FY 2025)Full year 2026 results: EPS: JP¥247 (up from JP¥182 in FY 2025). Revenue: JP¥16.4b (down 1.2% from FY 2025). Net income: JP¥362.0m (up 36% from FY 2025). Profit margin: 2.2% (up from 1.6% in FY 2025). The increase in margin was driven by lower expenses. 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 5% per year, which means it is well ahead of earnings.お知らせ • May 10Tradia Corporation to Report Fiscal Year 2026 Results on May 13, 2026Tradia Corporation announced that they will report fiscal year 2026 results on May 13, 2026Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥62.06 (vs JP¥71.60 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.06 (down from JP¥71.60 in 3Q 2025). Revenue: JP¥4.31b (down 3.5% from 3Q 2025). Net income: JP¥91.0m (down 13% from 3Q 2025). Profit margin: 2.1% (down from 2.4% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Dec 09Tradia Corporation to Report Q3, 2026 Results on Feb 13, 2026Tradia Corporation announced that they will report Q3, 2026 results on Feb 13, 2026Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥46.38 (vs JP¥49.12 in 2Q 2025)Second quarter 2026 results: EPS: JP¥46.38 (down from JP¥49.12 in 2Q 2025). Revenue: JP¥4.16b (down 5.0% from 2Q 2025). Net income: JP¥68.0m (down 5.6% from 2Q 2025). Profit margin: 1.6% (in line with 2Q 2025). 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 7% per year, which means it is well ahead of earnings.お知らせ • Sep 27Tradia Corporation to Report Q2, 2026 Results on Nov 12, 2025Tradia Corporation announced that they will report Q2, 2026 results on Nov 12, 2025すべての更新を表示Recent updatesReported Earnings • May 16Full year 2026 earnings released: EPS: JP¥247 (vs JP¥182 in FY 2025)Full year 2026 results: EPS: JP¥247 (up from JP¥182 in FY 2025). Revenue: JP¥16.4b (down 1.2% from FY 2025). Net income: JP¥362.0m (up 36% from FY 2025). Profit margin: 2.2% (up from 1.6% in FY 2025). The increase in margin was driven by lower expenses. 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 5% per year, which means it is well ahead of earnings.お知らせ • May 13Tradia Corporation, Annual General Meeting, Jun 26, 2026Tradia Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • May 10Tradia Corporation to Report Fiscal Year 2026 Results on May 13, 2026Tradia Corporation announced that they will report fiscal year 2026 results on May 13, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥62.06 (vs JP¥71.60 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.06 (down from JP¥71.60 in 3Q 2025). Revenue: JP¥4.31b (down 3.5% from 3Q 2025). Net income: JP¥91.0m (down 13% from 3Q 2025). Profit margin: 2.1% (down from 2.4% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.分析記事 • Jan 08Tradia (TSE:9365) Is Due To Pay A Dividend Of ¥50.00Tradia Corporation's ( TSE:9365 ) investors are due to receive a payment of ¥50.00 per share on 30th of June. This...Declared Dividend • Jan 08Dividend of JP¥50.00 announcedDividend of JP¥50.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 78% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jan 07Tradia Corporation announces Annual dividend, payable on June 30, 2026Tradia Corporation announced Annual dividend of JPY 50.0000 per share payable on June 30, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.お知らせ • Dec 09Tradia Corporation to Report Q3, 2026 Results on Feb 13, 2026Tradia Corporation announced that they will report Q3, 2026 results on Feb 13, 2026Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥46.38 (vs JP¥49.12 in 2Q 2025)Second quarter 2026 results: EPS: JP¥46.38 (down from JP¥49.12 in 2Q 2025). Revenue: JP¥4.16b (down 5.0% from 2Q 2025). Net income: JP¥68.0m (down 5.6% from 2Q 2025). Profit margin: 1.6% (in line with 2Q 2025). 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 7% per year, which means it is well ahead of earnings.お知らせ • Sep 27Tradia Corporation to Report Q2, 2026 Results on Nov 12, 2025Tradia Corporation announced that they will report Q2, 2026 results on Nov 12, 2025Reported Earnings • Aug 15First quarter 2026 earnings released: EPS: JP¥138 (vs JP¥51.15 in 1Q 2025)First quarter 2026 results: EPS: JP¥138 (up from JP¥51.15 in 1Q 2025). Revenue: JP¥4.07b (up 6.8% from 1Q 2025). Net income: JP¥203.0m (up 171% from 1Q 2025). Profit margin: 5.0% (up from 2.0% in 1Q 2025). The increase in margin was driven by higher 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 6% per year, which means it is well ahead of earnings.お知らせ • Jun 03Tradia Corporation to Report Q1, 2026 Results on Aug 13, 2025Tradia Corporation announced that they will report Q1, 2026 results on Aug 13, 2025Reported Earnings • May 17Full year 2025 earnings released: EPS: JP¥182 (vs JP¥223 in FY 2024)Full year 2025 results: EPS: JP¥182 (down from JP¥223 in FY 2024). Revenue: JP¥16.6b (up 11% from FY 2024). Net income: JP¥267.0m (down 18% from FY 2024). Profit margin: 1.6% (down from 2.2% 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 12% 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 • May 13Tradia Corporation, Annual General Meeting, Jun 27, 2025Tradia Corporation, Annual General Meeting, Jun 27, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 28 June 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).お知らせ • Mar 08Tradia Corporation to Report Fiscal Year 2025 Results on May 13, 2025Tradia Corporation announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥71.60 (vs JP¥54.61 in 3Q 2024)Third quarter 2025 results: EPS: JP¥71.60 (up from JP¥54.61 in 3Q 2024). Revenue: JP¥4.46b (up 17% from 3Q 2024). Net income: JP¥105.0m (up 31% from 3Q 2024). Profit margin: 2.4% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% 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 • Jan 03Tradia Corporation to Report Q3, 2025 Results on Feb 13, 2025Tradia Corporation announced that they will report Q3, 2025 results on Feb 13, 2025Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥49.11 (vs JP¥87.31 in 2Q 2024)Second quarter 2025 results: EPS: JP¥49.11 (down from JP¥87.31 in 2Q 2024). Revenue: JP¥4.37b (up 15% from 2Q 2024). Net income: JP¥72.0m (down 44% from 2Q 2024). Profit margin: 1.6% (down from 3.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year.お知らせ • Sep 20Tradia Corporation to Report Q2, 2025 Results on Nov 12, 2024Tradia Corporation announced that they will report Q2, 2025 results on Nov 12, 2024Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥51.15 (vs JP¥63.53 in 1Q 2024)First quarter 2025 results: EPS: JP¥51.15 (down from JP¥63.53 in 1Q 2024). Revenue: JP¥3.81b (flat on 1Q 2024). Net income: JP¥75.0m (down 19% from 1Q 2024). Profit margin: 2.0% (down from 2.4% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.分析記事 • Aug 06Tradia Corporation (TSE:9365) Might Not Be As Mispriced As It LooksWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Tradia...お知らせ • Jun 15Tradia Corporation to Report Q1, 2025 Results on Aug 09, 2024Tradia Corporation announced that they will report Q1, 2025 results on Aug 09, 2024分析記事 • May 22Tradia's (TSE:9365) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that Tradia Corporation's ( TSE:9365 ) recent earnings didn't contain any...Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥222 (vs JP¥354 in FY 2023)Full year 2024 results: EPS: JP¥222 (down from JP¥354 in FY 2023). Revenue: JP¥15.0b (down 24% from FY 2023). Net income: JP¥326.0m (down 37% from FY 2023). Profit margin: 2.2% (down from 2.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • May 16Tradia Corporation, Annual General Meeting, Jun 27, 2024Tradia Corporation, Annual General Meeting, Jun 27, 2024.お知らせ • Mar 21Tradia Corporation to Report Fiscal Year 2024 Results on May 14, 2024Tradia Corporation announced that they will report fiscal year 2024 results on May 14, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).Reported Earnings • Feb 17Third quarter 2024 earnings released: EPS: JP¥54.52 (vs JP¥186 in 3Q 2023)Third quarter 2024 results: EPS: JP¥54.52 (down from JP¥186 in 3Q 2023). Revenue: JP¥3.80b (down 29% from 3Q 2023). Net income: JP¥80.0m (down 71% from 3Q 2023). Profit margin: 2.1% (down from 5.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Nov 29Tradia Corporation to Report Q3, 2024 Results on Feb 14, 2024Tradia Corporation announced that they will report Q3, 2024 results on Feb 14, 2024New Risk • Nov 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.86b market cap, or US$12.3m).Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥87.24 (vs JP¥104 in 2Q 2023)Second quarter 2024 results: EPS: JP¥87.24 (down from JP¥104 in 2Q 2023). Revenue: JP¥3.81b (down 30% from 2Q 2023). Net income: JP¥128.0m (down 16% from 2Q 2023). Profit margin: 3.4% (up from 2.8% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Sep 29Tradia Corporation to Report Q2, 2024 Results on Nov 10, 2023Tradia Corporation announced that they will report Q2, 2024 results on Nov 10, 2023Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,602, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 10x in the Infrastructure industry in Japan. Total returns to shareholders of 36% over the past three years.Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥63.49 (vs JP¥64.21 in 1Q 2023)First quarter 2024 results: EPS: JP¥63.49 (down from JP¥64.21 in 1Q 2023). Revenue: JP¥3.82b (down 22% from 1Q 2023). Net income: JP¥93.0m (down 1.1% from 1Q 2023). Profit margin: 2.4% (up from 1.9% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Jun 29Tradia Corporation to Report Q1, 2024 Results on Aug 10, 2023Tradia Corporation announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 13Full year 2023 earnings released: EPS: JP¥354 (vs JP¥209 in FY 2022)Full year 2023 results: EPS: JP¥354 (up from JP¥209 in FY 2022). Revenue: JP¥19.9b (up 8.0% from FY 2022). Net income: JP¥518.0m (up 69% from FY 2022). Profit margin: 2.6% (up from 1.7% in FY 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • May 13Tradia Corporation, Annual General Meeting, Jun 29, 2023Tradia Corporation, Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per share at 2.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 8.5% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.4%).Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,699, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 8x in the Infrastructure industry in Japan. Total returns to shareholders of 35% over the past three years.Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥186 (vs JP¥78.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥186 (up from JP¥78.55 in 3Q 2022). Revenue: JP¥5.33b (up 3.5% from 3Q 2022). Net income: JP¥272.0m (up 137% from 3Q 2022). Profit margin: 5.1% (up from 2.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥1,502, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 8x in the Infrastructure industry in Japan. Total returns to shareholders of 18% over the past three years.お知らせ • Nov 27Tradia Corporation to Report Q3, 2023 Results on Feb 10, 2023Tradia Corporation announced that they will report Q3, 2023 results on Feb 10, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥104 (vs JP¥51.95 in 2Q 2022)Second quarter 2023 results: EPS: JP¥104 (up from JP¥51.95 in 2Q 2022). Revenue: JP¥5.45b (up 26% from 2Q 2022). Net income: JP¥152.0m (up 100% from 2Q 2022). Profit margin: 2.8% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. No independent directors (8 non-independent directors). Chief Executive Officer, President and Representative Director Katsuhide Furugori was the last director to join the board, commencing their role in 2013. 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 13Second quarter 2023 earnings released: EPS: JP¥104 (vs JP¥51.95 in 2Q 2022)Second quarter 2023 results: EPS: JP¥104 (up from JP¥51.95 in 2Q 2022). Revenue: JP¥5.45b (up 26% from 2Q 2022). Net income: JP¥152.0m (up 100% from 2Q 2022). Profit margin: 2.8% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Aug 28Tradia Corporation to Report Q2, 2023 Results on Nov 11, 2022Tradia Corporation announced that they will report Q2, 2023 results on Nov 11, 2022Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥64.20 (vs JP¥79.86 in 1Q 2022)First quarter 2023 results: EPS: JP¥64.20 (down from JP¥79.86 in 1Q 2022). Revenue: JP¥4.92b (up 17% from 1Q 2022). Net income: JP¥94.0m (down 20% from 1Q 2022). Profit margin: 1.9% (down from 2.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Jun 23Tradia Corporation to Report Q1, 2023 Results on Aug 10, 2022Tradia Corporation announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥184 (vs JP¥73.72 in FY 2021)Full year 2022 results: EPS: JP¥184 (up from JP¥73.72 in FY 2021). Revenue: JP¥18.4b (up 23% from FY 2021). Net income: JP¥269.0m (up 149% from FY 2021). Profit margin: 1.5% (up from 0.7% 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 45% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • May 15Tradia Corporation, Annual General Meeting, Jun 24, 2022Tradia Corporation, Annual General Meeting, Jun 24, 2022.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. No independent directors (8 non-independent directors). Chief Executive Officer, President and Representative Director Katsuhide Furugori was the last director to join the board, commencing their role in 2013. 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 08Tradia Corporation to Report Fiscal Year 2022 Results on May 13, 2022Tradia Corporation announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.0%).Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥78.44 (up from JP¥36.18 in 3Q 2021). Revenue: JP¥5.15b (up 32% from 3Q 2021). Net income: JP¥115.0m (up 117% from 3Q 2021). Profit margin: 2.2% (up from 1.4% 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 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥78.44 (up from JP¥36.18 in 3Q 2021). Revenue: JP¥5.15b (up 32% from 3Q 2021). Net income: JP¥115.0m (up 117% from 3Q 2021). Profit margin: 2.2% (up from 1.4% 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 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥51.88 (vs JP¥32.77 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.31b (up 27% from 2Q 2021). Net income: JP¥76.0m (up 58% from 2Q 2021). Profit margin: 1.8% (up from 1.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥1,356, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 9x in the Infrastructure industry in Japan. Total loss to shareholders of 2.4% over the past three years.Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥79.86 (vs JP¥20.48 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.20b (up 20% from 1Q 2021). Net income: JP¥117.0m (up JP¥147.0m from 1Q 2021). Profit margin: 2.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥73.71 (vs JP¥34.81 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥14.9b (up 3.1% from FY 2020). Net income: JP¥108.0m (up 112% from FY 2020). Profit margin: 0.7% (up from 0.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% 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: 2.2%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (2.2%).Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥36.17 (vs JP¥15.02 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.92b (up 4.2% from 3Q 2020). Net income: JP¥53.0m (up 141% from 3Q 2020). Profit margin: 1.4% (up from 0.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Dec 19Tradia Corporation to Report Q3, 2021 Results on Feb 10, 2021Tradia Corporation announced that they will report Q3, 2021 results on Feb 10, 2021Is New 90 Day High Low • Dec 10New 90-day high: JP¥1,442The company is up 11% from its price of JP¥1,300 on 10 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is up 8.0% over the same period.お知らせ • Sep 03Tradia Corporation to Report Q2, 2021 Results on Nov 12, 2020Tradia Corporation announced that they will report Q2, 2021 results on Nov 12, 2020お知らせ • Jun 21Tradia Corporation to Report Q1, 2021 Results on Aug 07, 2020Tradia Corporation announced that they will report Q1, 2021 results on Aug 07, 2020収支内訳Tradia の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:9365 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Mar 2616,447362845031 Dec 2516,533377823030 Sep 2516,688391811030 Jun 2516,906395803031 Mar 2516,646267782031 Dec 2416,216277766030 Sep 2415,557252756030 Jun 2414,990308746031 Mar 2415,007326750031 Dec 2315,585301782030 Sep 2317,115493791030 Jun 2318,756517796031 Mar 2319,855518791031 Dec 2220,432516763030 Sep 2220,253359754030 Jun 2219,118283739031 Mar 2218,390306728031 Dec 2117,789345729030 Sep 2116,555283728030 Jun 2115,630255724031 Mar 2114,937108739031 Dec 2014,05853747030 Sep 2013,89922765030 Jun 2014,305-3803031 Mar 2014,48451811031 Dec 1914,89174827030 Sep 1915,253130840030 Jun 1915,225128843031 Mar 1914,974169865031 Dec 1814,637183876030 Sep 1814,266176883030 Jun 1814,042176899031 Mar 1813,997148898031 Dec 1714,086197898030 Sep 1713,710158921030 Jun 1713,494171933031 Mar 1713,40692962031 Dec 1613,33636974030 Sep 1613,375-17980030 Jun 1613,533-23990031 Mar 1613,70268996031 Dec 1513,974821,009030 Sep 1514,2531339990質の高い収益: 9365は 高品質の収益 を持っています。利益率の向上: 9365の現在の純利益率 (2.2%)は、昨年(1.6%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 9365の収益は過去 5 年間で年間4.4%増加しました。成長の加速: 9365の過去 1 年間の収益成長率 ( 35.6% ) は、5 年間の平均 ( 年間4.4%を上回っています。収益対業界: 9365の過去 1 年間の収益成長率 ( 35.6% ) はInfrastructure業界23.2%を上回りました。株主資本利益率高いROE: 9365の 自己資本利益率 ( 6.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTransportation 、過去の業績が好調な企業。View Financial Health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2026/07/29 18:27終値2026/07/29 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Tradia 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。0
Reported Earnings • May 16Full year 2026 earnings released: EPS: JP¥247 (vs JP¥182 in FY 2025)Full year 2026 results: EPS: JP¥247 (up from JP¥182 in FY 2025). Revenue: JP¥16.4b (down 1.2% from FY 2025). Net income: JP¥362.0m (up 36% from FY 2025). Profit margin: 2.2% (up from 1.6% in FY 2025). The increase in margin was driven by lower expenses. 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 5% per year, which means it is well ahead of earnings.
お知らせ • May 10Tradia Corporation to Report Fiscal Year 2026 Results on May 13, 2026Tradia Corporation announced that they will report fiscal year 2026 results on May 13, 2026
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥62.06 (vs JP¥71.60 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.06 (down from JP¥71.60 in 3Q 2025). Revenue: JP¥4.31b (down 3.5% from 3Q 2025). Net income: JP¥91.0m (down 13% from 3Q 2025). Profit margin: 2.1% (down from 2.4% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Dec 09Tradia Corporation to Report Q3, 2026 Results on Feb 13, 2026Tradia Corporation announced that they will report Q3, 2026 results on Feb 13, 2026
Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥46.38 (vs JP¥49.12 in 2Q 2025)Second quarter 2026 results: EPS: JP¥46.38 (down from JP¥49.12 in 2Q 2025). Revenue: JP¥4.16b (down 5.0% from 2Q 2025). Net income: JP¥68.0m (down 5.6% from 2Q 2025). Profit margin: 1.6% (in line with 2Q 2025). 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 7% per year, which means it is well ahead of earnings.
お知らせ • Sep 27Tradia Corporation to Report Q2, 2026 Results on Nov 12, 2025Tradia Corporation announced that they will report Q2, 2026 results on Nov 12, 2025
Reported Earnings • May 16Full year 2026 earnings released: EPS: JP¥247 (vs JP¥182 in FY 2025)Full year 2026 results: EPS: JP¥247 (up from JP¥182 in FY 2025). Revenue: JP¥16.4b (down 1.2% from FY 2025). Net income: JP¥362.0m (up 36% from FY 2025). Profit margin: 2.2% (up from 1.6% in FY 2025). The increase in margin was driven by lower expenses. 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 5% per year, which means it is well ahead of earnings.
お知らせ • May 13Tradia Corporation, Annual General Meeting, Jun 26, 2026Tradia Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • May 10Tradia Corporation to Report Fiscal Year 2026 Results on May 13, 2026Tradia Corporation announced that they will report fiscal year 2026 results on May 13, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥62.06 (vs JP¥71.60 in 3Q 2025)Third quarter 2026 results: EPS: JP¥62.06 (down from JP¥71.60 in 3Q 2025). Revenue: JP¥4.31b (down 3.5% from 3Q 2025). Net income: JP¥91.0m (down 13% from 3Q 2025). Profit margin: 2.1% (down from 2.4% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
分析記事 • Jan 08Tradia (TSE:9365) Is Due To Pay A Dividend Of ¥50.00Tradia Corporation's ( TSE:9365 ) investors are due to receive a payment of ¥50.00 per share on 30th of June. This...
Declared Dividend • Jan 08Dividend of JP¥50.00 announcedDividend of JP¥50.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 78% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 07Tradia Corporation announces Annual dividend, payable on June 30, 2026Tradia Corporation announced Annual dividend of JPY 50.0000 per share payable on June 30, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.
お知らせ • Dec 09Tradia Corporation to Report Q3, 2026 Results on Feb 13, 2026Tradia Corporation announced that they will report Q3, 2026 results on Feb 13, 2026
Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥46.38 (vs JP¥49.12 in 2Q 2025)Second quarter 2026 results: EPS: JP¥46.38 (down from JP¥49.12 in 2Q 2025). Revenue: JP¥4.16b (down 5.0% from 2Q 2025). Net income: JP¥68.0m (down 5.6% from 2Q 2025). Profit margin: 1.6% (in line with 2Q 2025). 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 7% per year, which means it is well ahead of earnings.
お知らせ • Sep 27Tradia Corporation to Report Q2, 2026 Results on Nov 12, 2025Tradia Corporation announced that they will report Q2, 2026 results on Nov 12, 2025
Reported Earnings • Aug 15First quarter 2026 earnings released: EPS: JP¥138 (vs JP¥51.15 in 1Q 2025)First quarter 2026 results: EPS: JP¥138 (up from JP¥51.15 in 1Q 2025). Revenue: JP¥4.07b (up 6.8% from 1Q 2025). Net income: JP¥203.0m (up 171% from 1Q 2025). Profit margin: 5.0% (up from 2.0% in 1Q 2025). The increase in margin was driven by higher 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 6% per year, which means it is well ahead of earnings.
お知らせ • Jun 03Tradia Corporation to Report Q1, 2026 Results on Aug 13, 2025Tradia Corporation announced that they will report Q1, 2026 results on Aug 13, 2025
Reported Earnings • May 17Full year 2025 earnings released: EPS: JP¥182 (vs JP¥223 in FY 2024)Full year 2025 results: EPS: JP¥182 (down from JP¥223 in FY 2024). Revenue: JP¥16.6b (up 11% from FY 2024). Net income: JP¥267.0m (down 18% from FY 2024). Profit margin: 1.6% (down from 2.2% 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 12% 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 • May 13Tradia Corporation, Annual General Meeting, Jun 27, 2025Tradia Corporation, Annual General Meeting, Jun 27, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 28 June 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).
お知らせ • Mar 08Tradia Corporation to Report Fiscal Year 2025 Results on May 13, 2025Tradia Corporation announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥71.60 (vs JP¥54.61 in 3Q 2024)Third quarter 2025 results: EPS: JP¥71.60 (up from JP¥54.61 in 3Q 2024). Revenue: JP¥4.46b (up 17% from 3Q 2024). Net income: JP¥105.0m (up 31% from 3Q 2024). Profit margin: 2.4% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% 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 • Jan 03Tradia Corporation to Report Q3, 2025 Results on Feb 13, 2025Tradia Corporation announced that they will report Q3, 2025 results on Feb 13, 2025
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥49.11 (vs JP¥87.31 in 2Q 2024)Second quarter 2025 results: EPS: JP¥49.11 (down from JP¥87.31 in 2Q 2024). Revenue: JP¥4.37b (up 15% from 2Q 2024). Net income: JP¥72.0m (down 44% from 2Q 2024). Profit margin: 1.6% (down from 3.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year.
お知らせ • Sep 20Tradia Corporation to Report Q2, 2025 Results on Nov 12, 2024Tradia Corporation announced that they will report Q2, 2025 results on Nov 12, 2024
Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥51.15 (vs JP¥63.53 in 1Q 2024)First quarter 2025 results: EPS: JP¥51.15 (down from JP¥63.53 in 1Q 2024). Revenue: JP¥3.81b (flat on 1Q 2024). Net income: JP¥75.0m (down 19% from 1Q 2024). Profit margin: 2.0% (down from 2.4% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
分析記事 • Aug 06Tradia Corporation (TSE:9365) Might Not Be As Mispriced As It LooksWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Tradia...
お知らせ • Jun 15Tradia Corporation to Report Q1, 2025 Results on Aug 09, 2024Tradia Corporation announced that they will report Q1, 2025 results on Aug 09, 2024
分析記事 • May 22Tradia's (TSE:9365) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that Tradia Corporation's ( TSE:9365 ) recent earnings didn't contain any...
Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥222 (vs JP¥354 in FY 2023)Full year 2024 results: EPS: JP¥222 (down from JP¥354 in FY 2023). Revenue: JP¥15.0b (down 24% from FY 2023). Net income: JP¥326.0m (down 37% from FY 2023). Profit margin: 2.2% (down from 2.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • May 16Tradia Corporation, Annual General Meeting, Jun 27, 2024Tradia Corporation, Annual General Meeting, Jun 27, 2024.
お知らせ • Mar 21Tradia Corporation to Report Fiscal Year 2024 Results on May 14, 2024Tradia Corporation announced that they will report fiscal year 2024 results on May 14, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).
Reported Earnings • Feb 17Third quarter 2024 earnings released: EPS: JP¥54.52 (vs JP¥186 in 3Q 2023)Third quarter 2024 results: EPS: JP¥54.52 (down from JP¥186 in 3Q 2023). Revenue: JP¥3.80b (down 29% from 3Q 2023). Net income: JP¥80.0m (down 71% from 3Q 2023). Profit margin: 2.1% (down from 5.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Nov 29Tradia Corporation to Report Q3, 2024 Results on Feb 14, 2024Tradia Corporation announced that they will report Q3, 2024 results on Feb 14, 2024
New Risk • Nov 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.86b market cap, or US$12.3m).
Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥87.24 (vs JP¥104 in 2Q 2023)Second quarter 2024 results: EPS: JP¥87.24 (down from JP¥104 in 2Q 2023). Revenue: JP¥3.81b (down 30% from 2Q 2023). Net income: JP¥128.0m (down 16% from 2Q 2023). Profit margin: 3.4% (up from 2.8% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Sep 29Tradia Corporation to Report Q2, 2024 Results on Nov 10, 2023Tradia Corporation announced that they will report Q2, 2024 results on Nov 10, 2023
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥1,602, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 10x in the Infrastructure industry in Japan. Total returns to shareholders of 36% over the past three years.
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥63.49 (vs JP¥64.21 in 1Q 2023)First quarter 2024 results: EPS: JP¥63.49 (down from JP¥64.21 in 1Q 2023). Revenue: JP¥3.82b (down 22% from 1Q 2023). Net income: JP¥93.0m (down 1.1% from 1Q 2023). Profit margin: 2.4% (up from 1.9% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Jun 29Tradia Corporation to Report Q1, 2024 Results on Aug 10, 2023Tradia Corporation announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 13Full year 2023 earnings released: EPS: JP¥354 (vs JP¥209 in FY 2022)Full year 2023 results: EPS: JP¥354 (up from JP¥209 in FY 2022). Revenue: JP¥19.9b (up 8.0% from FY 2022). Net income: JP¥518.0m (up 69% from FY 2022). Profit margin: 2.6% (up from 1.7% in FY 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13Tradia Corporation, Annual General Meeting, Jun 29, 2023Tradia Corporation, Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per share at 2.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 8.5% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.4%).
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,699, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 8x in the Infrastructure industry in Japan. Total returns to shareholders of 35% over the past three years.
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥186 (vs JP¥78.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥186 (up from JP¥78.55 in 3Q 2022). Revenue: JP¥5.33b (up 3.5% from 3Q 2022). Net income: JP¥272.0m (up 137% from 3Q 2022). Profit margin: 5.1% (up from 2.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥1,502, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 8x in the Infrastructure industry in Japan. Total returns to shareholders of 18% over the past three years.
お知らせ • Nov 27Tradia Corporation to Report Q3, 2023 Results on Feb 10, 2023Tradia Corporation announced that they will report Q3, 2023 results on Feb 10, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥104 (vs JP¥51.95 in 2Q 2022)Second quarter 2023 results: EPS: JP¥104 (up from JP¥51.95 in 2Q 2022). Revenue: JP¥5.45b (up 26% from 2Q 2022). Net income: JP¥152.0m (up 100% from 2Q 2022). Profit margin: 2.8% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. No independent directors (8 non-independent directors). Chief Executive Officer, President and Representative Director Katsuhide Furugori was the last director to join the board, commencing their role in 2013. 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 13Second quarter 2023 earnings released: EPS: JP¥104 (vs JP¥51.95 in 2Q 2022)Second quarter 2023 results: EPS: JP¥104 (up from JP¥51.95 in 2Q 2022). Revenue: JP¥5.45b (up 26% from 2Q 2022). Net income: JP¥152.0m (up 100% from 2Q 2022). Profit margin: 2.8% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Aug 28Tradia Corporation to Report Q2, 2023 Results on Nov 11, 2022Tradia Corporation announced that they will report Q2, 2023 results on Nov 11, 2022
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥64.20 (vs JP¥79.86 in 1Q 2022)First quarter 2023 results: EPS: JP¥64.20 (down from JP¥79.86 in 1Q 2022). Revenue: JP¥4.92b (up 17% from 1Q 2022). Net income: JP¥94.0m (down 20% from 1Q 2022). Profit margin: 1.9% (down from 2.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Jun 23Tradia Corporation to Report Q1, 2023 Results on Aug 10, 2022Tradia Corporation announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥184 (vs JP¥73.72 in FY 2021)Full year 2022 results: EPS: JP¥184 (up from JP¥73.72 in FY 2021). Revenue: JP¥18.4b (up 23% from FY 2021). Net income: JP¥269.0m (up 149% from FY 2021). Profit margin: 1.5% (up from 0.7% 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 45% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • May 15Tradia Corporation, Annual General Meeting, Jun 24, 2022Tradia Corporation, Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. No independent directors (8 non-independent directors). Chief Executive Officer, President and Representative Director Katsuhide Furugori was the last director to join the board, commencing their role in 2013. 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 08Tradia Corporation to Report Fiscal Year 2022 Results on May 13, 2022Tradia Corporation announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.0%).
Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥78.44 (up from JP¥36.18 in 3Q 2021). Revenue: JP¥5.15b (up 32% from 3Q 2021). Net income: JP¥115.0m (up 117% from 3Q 2021). Profit margin: 2.2% (up from 1.4% 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 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥78.44 (up from JP¥36.18 in 3Q 2021). Revenue: JP¥5.15b (up 32% from 3Q 2021). Net income: JP¥115.0m (up 117% from 3Q 2021). Profit margin: 2.2% (up from 1.4% 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 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥51.88 (vs JP¥32.77 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.31b (up 27% from 2Q 2021). Net income: JP¥76.0m (up 58% from 2Q 2021). Profit margin: 1.8% (up from 1.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥1,356, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 9x in the Infrastructure industry in Japan. Total loss to shareholders of 2.4% over the past three years.
Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥79.86 (vs JP¥20.48 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.20b (up 20% from 1Q 2021). Net income: JP¥117.0m (up JP¥147.0m from 1Q 2021). Profit margin: 2.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥73.71 (vs JP¥34.81 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥14.9b (up 3.1% from FY 2020). Net income: JP¥108.0m (up 112% from FY 2020). Profit margin: 0.7% (up from 0.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% 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: 2.2%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (2.2%).
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥36.17 (vs JP¥15.02 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.92b (up 4.2% from 3Q 2020). Net income: JP¥53.0m (up 141% from 3Q 2020). Profit margin: 1.4% (up from 0.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Dec 19Tradia Corporation to Report Q3, 2021 Results on Feb 10, 2021Tradia Corporation announced that they will report Q3, 2021 results on Feb 10, 2021
Is New 90 Day High Low • Dec 10New 90-day high: JP¥1,442The company is up 11% from its price of JP¥1,300 on 10 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is up 8.0% over the same period.
お知らせ • Sep 03Tradia Corporation to Report Q2, 2021 Results on Nov 12, 2020Tradia Corporation announced that they will report Q2, 2021 results on Nov 12, 2020
お知らせ • Jun 21Tradia Corporation to Report Q1, 2021 Results on Aug 07, 2020Tradia Corporation announced that they will report Q1, 2021 results on Aug 07, 2020