View ValuationDAIHEN 향후 성장Future 기준 점검 3/6DAIHEN (는) 각각 연간 17.8% 및 10.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 18% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.4% 로 예상됩니다.핵심 정보17.8%이익 성장률17.99%EPS 성장률Electrical 이익 성장27.0%매출 성장률10.8%향후 자기자본이익률12.42%애널리스트 커버리지Low마지막 업데이트17 Jun 2026최근 향후 성장 업데이트공시 • Feb 08DAIHEN Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024DAIHEN Corporation provided Consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales to be ¥190,000 million, operating profit to be ¥15,500 million, profit attributable to owners of parent to be ¥16,500 million or basic earnings per share to be ¥673.41.공시 • Aug 10+ 1 more updateDAIHEN Corporation Provides Earnings Guidance for the First Half 2024 and Year Ending March 31, 2024DAIHEN Corporation provided earnings guidance for the first half 2024 and year ending March 31, 2024. For the first half, the company expects net sales to be ¥77,000 million. Operating profit to be ¥4,500 million. Profit attributable to owners of parent to be ¥3,500 million or Basic earnings per share to be ¥142.63.For the year, the company expects net sales to be ¥187,000 million. Operating profit to be ¥17,000 million. Profit attributable to owners of parent to be ¥13,500 million or Basic earnings per share to be ¥550.14.공시 • Feb 10+ 1 more updateDAIHEN Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023DAIHEN Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects Net sales of JPY 180,000 million, operating profit of JPY 16,500 million, profit attributable to owners of the parent of JPY 12,000 million and basic earnings per share of JPY 489.07.공시 • Jun 02+ 1 more updateDAIHEN Corporation Provides Consolidated Earnings Guidance for the First Half and Full Fiscal Year Ending March 31, 2023DAIHEN Corporation provided consolidated earnings guidance for the first half and full fiscal year ending March 31, 2023. For the first half, the company expects net sales of ¥8,000 million, operating profit of ¥7,000 million, profit attributable to owners of parent of ¥5,500 million and basic earnings per share of ¥224.16.For the full fiscal year, the company expects net sales of ¥180,000 million, operating profit of ¥16,500 million, profit attributable to owners of parent of ¥12,000 million and basic earnings per share of ¥489.07.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €81.50, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €39.42 per share.Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kiyotaka Kawasaki was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • May 11DAIHEN Corporation, Annual General Meeting, Jun 24, 2026DAIHEN Corporation, Annual General Meeting, Jun 24, 2026.공시 • May 10DAIHEN Corporation to Report Fiscal Year 2026 Results on May 11, 2026DAIHEN Corporation announced that they will report fiscal year 2026 results on May 11, 2026공시 • Feb 03DAIHEN Corporation (TSE:6622) announces an Equity Buyback for 300,000 shares, representing 1.25% for ¥4,000 million.DAIHEN Corporation (TSE:6622) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.25% of its issued share capital (excluding treasury stock), for ¥4,000 million. The purpose of the program is to strengthen shareholder returns and improve capital efficiency in order to increase shareholder value. The repurchased shares will be cancelled. The program is valid till March 31, 2026. As of January 30, 2026, there are 24,019,322 issued shares (excluding treasury stock) and 1,183,969 shares in treasury.공시 • Dec 27DAIHEN Corporation to Report Q3, 2026 Results on Feb 03, 2026DAIHEN Corporation announced that they will report Q3, 2026 results on Feb 03, 2026공시 • Sep 12DAIHEN Corporation to Report Q2, 2026 Results on Nov 06, 2025DAIHEN Corporation announced that they will report Q2, 2026 results on Nov 06, 2025공시 • Jun 27DAIHEN Corporation to Report Q1, 2026 Results on Aug 05, 2025DAIHEN Corporation announced that they will report Q1, 2026 results on Aug 05, 2025공시 • May 08DAIHEN Corporation, Annual General Meeting, Jun 26, 2025DAIHEN Corporation, Annual General Meeting, Jun 26, 2025.공시 • Mar 29DAIHEN Corporation to Report Fiscal Year 2025 Results on May 08, 2025DAIHEN Corporation announced that they will report fiscal year 2025 results on May 08, 2025공시 • Feb 05DAIHEN Corporation (TSE:6622) announces an Equity Buyback for 400,000 shares, for ¥2,864 million.DAIHEN Corporation (TSE:6622) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.64% of its issued share capital (excluding treasury stock), for ¥2864 million. The shares will be repurchased at ¥7160 per share. The purpose of the program is to strengthen shareholder returns and improve capital efficiency in order to increase shareholder value. The repurchased shares will be cancelled. As of January 31, 2024, there are 24,417,889 issued shares (excluding treasury stock) and Treasury stock: 1,185,402 shares.공시 • Dec 13DAIHEN Corporation to Report Q3, 2025 Results on Feb 04, 2025DAIHEN Corporation announced that they will report Q3, 2025 results on Feb 04, 2025Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥147 (vs JP¥138 in 2Q 2024)Second quarter 2025 results: EPS: JP¥147 (up from JP¥138 in 2Q 2024). Revenue: JP¥52.8b (up 21% from 2Q 2024). Net income: JP¥3.58b (up 5.3% from 2Q 2024). Profit margin: 6.8% (down from 7.8% in 2Q 2024). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공시 • Sep 27DAIHEN Corporation to Report Q2, 2025 Results on Nov 06, 2024DAIHEN Corporation announced that they will report Q2, 2025 results on Nov 06, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥82.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.7%).Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥26.13 (vs JP¥28.04 in 1Q 2024)First quarter 2025 results: EPS: JP¥26.13 (down from JP¥28.04 in 1Q 2024). Revenue: JP¥43.3b (up 23% from 1Q 2024). Net income: JP¥636.0m (down 7.6% from 1Q 2024). Profit margin: 1.5% (down from 1.9% in 1Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €34.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Electrical industry in Germany. Negligible returns to shareholders over past three years.Declared Dividend • Jul 11Final dividend of JP¥82.50 announcedShareholders will receive a dividend of JP¥82.50. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 173%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (27% 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 increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jul 07DAIHEN Corporation to Report Q1, 2025 Results on Aug 05, 2024DAIHEN Corporation announced that they will report Q1, 2025 results on Aug 05, 2024New Risk • May 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change).공시 • May 16+ 2 more updatesDAIHEN Corporation Provides Dividend Guidance for the Second Quarter-End and Year-End of Fiscal Year Ending March 31, 2025DAIHEN Corporation provided dividend guidance for the second quarter-end and year-end of fiscal year ending March 31, 2025. For the second quarter-end, the company expects to pay a dividend of ¥82.5 per share against a ¥82.5 per share paid a year ago.For the fiscal year ending March 31, 2025, the company expects to pay a dividend of ¥82.5 per share against a ¥82.5 per share a year ago.New Risk • May 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.공시 • May 11DAIHEN Corporation, Annual General Meeting, Jun 26, 2024DAIHEN Corporation, Annual General Meeting, Jun 26, 2024.Reported Earnings • May 10Full year 2024 earnings released: EPS: JP¥673 (vs JP¥538 in FY 2023)Full year 2024 results: EPS: JP¥673 (up from JP¥538 in FY 2023). Revenue: JP¥188.6b (up 1.8% from FY 2023). Net income: JP¥16.5b (up 25% from FY 2023). Profit margin: 8.7% (up from 7.1% in FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year.Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €64.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Electrical industry in Germany. Total returns to shareholders of 123% over the past year.공시 • Apr 07DAIHEN Corporation to Report Fiscal Year 2024 Results on May 09, 2024DAIHEN Corporation announced that they will report fiscal year 2024 results on May 09, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥82.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (1.9%).공시 • Feb 08DAIHEN Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024DAIHEN Corporation provided Consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales to be ¥190,000 million, operating profit to be ¥15,500 million, profit attributable to owners of parent to be ¥16,500 million or basic earnings per share to be ¥673.41.공시 • Feb 05DAIHEN Corporation (TSE:6622) announces an Equity Buyback for 202,112 shares, representing 0.82% for ¥1,400 million.DAIHEN Corporation (TSE:6622) announces a share repurchase program. Under the program, the company will repurchase 202,112 shares, representing 0.82% of the outstanding shares for ¥1,400 million. The repurchases will be made from company's subsidiary Shihen Tech Co., Ltd. The acquisition will be made on February 5, 2024. As of February 1, 2024, the company had 24,619,026 shares outstanding and 2,484,265 shares in treasury.Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: JP¥293 (vs JP¥113 in 3Q 2023)Third quarter 2024 results: EPS: JP¥293 (up from JP¥113 in 3Q 2023). Revenue: JP¥48.3b (up 9.6% from 3Q 2023). Net income: JP¥7.18b (up 160% from 3Q 2023). Profit margin: 15% (up from 6.3% in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electrical industry in Germany.공시 • Jan 14DAIHEN Corporation to Report Q3, 2024 Results on Feb 02, 2024DAIHEN Corporation announced that they will report Q3, 2024 results on Feb 02, 2024Buying Opportunity • Dec 21Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be €48.34, however this is not to be taken as a buy 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 13%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 41% in the next 2 years.공시 • Nov 10+ 1 more updateDAIHEN Corporation Provides Dividend Guidance for the Year Ending March 31, 2024DAIHEN Corporation provided dividend guidance for the year ending March 31, 2024 of ¥82.50 per share against ¥87.00 per share a year ago.Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥138 (vs JP¥182 in 2Q 2023)Second quarter 2024 results: EPS: JP¥138 (down from JP¥182 in 2Q 2023). Revenue: JP¥43.6b (down 6.2% from 2Q 2023). Net income: JP¥3.40b (down 24% from 2Q 2023). Profit margin: 7.8% (down from 9.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Electrical industry in Germany.Buying Opportunity • Oct 02Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €38.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 13% in 2 years. Earnings is forecast to grow by 20% in the next 2 years.Upcoming Dividend • Sep 22Upcoming dividend of JP¥82.50 per share at 3.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.1%).공시 • Sep 10DAIHEN Corporation to Report Q2, 2024 Results on Nov 02, 2023DAIHEN Corporation announced that they will report Q2, 2024 results on Nov 02, 2023공시 • Aug 31DAIHEN Corporation (TSE:6622) agreed to acquire Lorch SchweißTechnik Gmbh for €22 million.DAIHEN Corporation (TSE:6622) agreed to acquire Lorch SchweißTechnik Gmbh for €22 million on August 2, 2023. Transaction has been approved by DAIHEN Corporation;s board Transaction is expected to close on January 15, 2024공시 • Aug 10+ 1 more updateDAIHEN Corporation Provides Earnings Guidance for the First Half 2024 and Year Ending March 31, 2024DAIHEN Corporation provided earnings guidance for the first half 2024 and year ending March 31, 2024. For the first half, the company expects net sales to be ¥77,000 million. Operating profit to be ¥4,500 million. Profit attributable to owners of parent to be ¥3,500 million or Basic earnings per share to be ¥142.63.For the year, the company expects net sales to be ¥187,000 million. Operating profit to be ¥17,000 million. Profit attributable to owners of parent to be ¥13,500 million or Basic earnings per share to be ¥550.14.Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥28.04 (vs JP¥66.51 in 1Q 2023)First quarter 2024 results: EPS: JP¥28.04 (down from JP¥66.51 in 1Q 2023). Revenue: JP¥35.3b (down 3.8% from 1Q 2023). Net income: JP¥688.0m (down 58% from 1Q 2023). Profit margin: 1.9% (down from 4.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electrical industry in Germany.공시 • May 31DAIHEN Corporation to Report Q1, 2024 Results on Aug 02, 2023DAIHEN Corporation announced that they will report Q1, 2024 results on Aug 02, 2023공시 • May 13DAIHEN Corporation, Annual General Meeting, Jun 28, 2023DAIHEN Corporation, Annual General Meeting, Jun 28, 2023.Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥538 (vs JP¥445 in FY 2022)Full year 2023 results: EPS: JP¥538 (up from JP¥445 in FY 2022). Revenue: JP¥185.3b (up 15% from FY 2022). Net income: JP¥13.2b (up 20% from FY 2022). Profit margin: 7.1% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electrical industry in Germany.Upcoming Dividend • Mar 23Upcoming dividend of JP¥75.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.1%).공시 • Feb 10+ 1 more updateDAIHEN Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023DAIHEN Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects Net sales of JPY 180,000 million, operating profit of JPY 16,500 million, profit attributable to owners of the parent of JPY 12,000 million and basic earnings per share of JPY 489.07.Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: JP¥113 (vs JP¥110 in 3Q 2022)Third quarter 2023 results: EPS: JP¥113 (up from JP¥110 in 3Q 2022). Revenue: JP¥44.1b (up 13% from 3Q 2022). Net income: JP¥2.77b (up 2.0% from 3Q 2022). Profit margin: 6.3% (down from 7.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electrical industry in Germany.공시 • Dec 28DAIHEN Corporation to Report Q3, 2023 Results on Feb 03, 2023DAIHEN Corporation announced that they will report Q3, 2023 results on Feb 03, 2023Board Change • Nov 18Less than half of directors are independentThere 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. 1 independent director (7 non-independent directors). Independent Board Director/Trustee Kusuo Sanjo was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥182 (vs JP¥112 in 2Q 2022)Second quarter 2023 results: EPS: JP¥182 (up from JP¥112 in 2Q 2022). Revenue: JP¥46.5b (up 25% from 2Q 2022). Net income: JP¥4.48b (up 62% from 2Q 2022). Profit margin: 9.6% (up from 7.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in Germany.공시 • Oct 13DAIHEN Corporation to Report Q2, 2023 Results on Nov 02, 2022DAIHEN Corporation announced that they will report Q2, 2023 results on Nov 02, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.3%).공시 • Aug 09+ 1 more updateDaihen Corporation Provides Dividend Guidance for He Second Quarter of Fiscal Year Ending March 31, 2023; Provides Dividend Guidance for the Year Ending March 31, 2023DAIHEN Corporation provided dividend guidance for the second quarter of fiscal year ending March 31, 2023. For the quarter, the company expects to pay dividend of JPY 75.00 against JPY 50.00 a year ago. For the year ending March 31, 2023, the company expects to pay dividend of JPY 75.00 against JPY 60.00 a year ago.Reported Earnings • Aug 03First quarter 2023 earnings released: EPS: JP¥66.51 (vs JP¥97.47 in 1Q 2022)First quarter 2023 results: EPS: JP¥66.51 (down from JP¥97.47 in 1Q 2022). Revenue: JP¥36.7b (up 6.2% from 1Q 2022). Net income: JP¥1.63b (down 32% from 1Q 2022). Profit margin: 4.5% (down from 7.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 11%, compared to a 16% growth forecast for the industry in Germany.공시 • Jun 30DAIHEN Corporation to Report Q1, 2023 Results on Aug 02, 2022DAIHEN Corporation announced that they will report Q1, 2023 results on Aug 02, 2022공시 • Jun 02+ 1 more updateDAIHEN Corporation Provides Consolidated Earnings Guidance for the First Half and Full Fiscal Year Ending March 31, 2023DAIHEN Corporation provided consolidated earnings guidance for the first half and full fiscal year ending March 31, 2023. For the first half, the company expects net sales of ¥8,000 million, operating profit of ¥7,000 million, profit attributable to owners of parent of ¥5,500 million and basic earnings per share of ¥224.16.For the full fiscal year, the company expects net sales of ¥180,000 million, operating profit of ¥16,500 million, profit attributable to owners of parent of ¥12,000 million and basic earnings per share of ¥489.07.Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥445 (vs JP¥381 in FY 2021)Full year 2022 results: EPS: JP¥445 (up from JP¥381 in FY 2021). Revenue: JP¥160.6b (up 11% from FY 2021). Net income: JP¥11.0b (up 17% from FY 2021). Profit margin: 6.8% (up from 6.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.3%, compared to a 11% growth forecast for the industry in Germany.공시 • May 14DAIHEN Corporation, Annual General Meeting, Jun 28, 2022DAIHEN Corporation, Annual General Meeting, Jun 28, 2022.Board Change • Apr 28Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. 1 independent director (7 non-independent directors). Independent Board Director/Trustee Kusuo Sanjo was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 08DAIHEN Corporation to Report Fiscal Year 2022 Results on May 12, 2022DAIHEN Corporation announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.9%).공시 • Feb 16DAIHEN Corporation (TSE:6622) announces an Equity Buyback for 150,000 shares, representing 0.61% for ¥700 million.DAIHEN Corporation (TSE:6622) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 0.61% of the outstanding shares for ¥700 million. The purpose of the program is to improve shareholder value and capital efficiency per share. The program will run until March 31, 2022. As of January 31, 2022, the company had 24,686,314 shares outstanding and 2,416,977 shares in treasury.공시 • Feb 10+ 1 more updateDAIHEN Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2022DAIHEN Corporation provided dividend guidance for the fiscal year ending March 31, 2022. For the year, the company expects dividend of ¥50.00 per share against ¥47.50 per share a year ago.Reported Earnings • Feb 04Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥110 (up from JP¥69.11 in 3Q 2021). Revenue: JP¥39.0b (up 14% from 3Q 2021). Net income: JP¥2.71b (up 59% from 3Q 2021). Profit margin: 7.0% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 5.6%, compared to a 14% growth forecast for the industry in Germany.Reported Earnings • Nov 03Second quarter 2022 earnings released: EPS JP¥112 (vs JP¥67.41 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥37.4b (up 15% from 2Q 2021). Net income: JP¥2.77b (up 66% from 2Q 2021). Profit margin: 7.4% (up from 5.1% in 2Q 2021). The increase in margin was driven by higher revenue.Board Change • Jul 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 7 non-independent directors. Independent Board Director/Trustee Kusuo Sanjo was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 13Full year 2021 earnings released: EPS JP¥381 (vs JP¥269 in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥145.1b (flat on FY 2020). Net income: JP¥9.41b (up 41% from FY 2020). Profit margin: 6.5% (up from 4.6% in FY 2020).이익 및 매출 성장 예측DB:6NV - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029332,00024,44014,129N/A43/31/2028308,79821,94311,83025,50053/31/2027281,47118,232-1,12014,70053/31/2026237,73514,108-8,2234,944N/A12/31/2025233,97313,674N/AN/AN/A9/30/2025235,54012,9195,53817,828N/A6/30/2025232,13213,281N/AN/AN/A3/31/2025226,37511,96115,26824,010N/A12/31/2024217,16112,878N/AN/AN/A9/30/2024205,72416,6225,06512,944N/A6/30/2024196,58716,442N/AN/AN/A3/31/2024188,57116,494-16,474-8,993N/A12/31/2023185,27715,588N/AN/AN/A9/30/2023181,03711,173-16,582-11,257N/A6/30/2023183,91212,249N/AN/AN/A3/31/2023185,28813,193-12,426-7,233N/A12/31/2022176,93311,973N/AN/AN/A9/30/2022171,91211,920-7,574-2,548N/A6/30/2022162,75710,211N/AN/AN/A3/31/2022160,61810,9858,94612,950N/A12/31/2021158,75412,461N/AN/AN/A9/30/2021154,00511,45313,03516,547N/A6/30/2021149,12510,351N/AN/AN/A3/31/2021145,1449,41110,31513,937N/A12/31/2020142,0918,065N/AN/AN/A9/30/2020142,7267,50312,41315,960N/A6/30/2020144,9597,734N/AN/AN/A3/31/2020145,0446,67212,91917,057N/A12/31/2019141,2296,148N/AN/AN/A9/30/2019140,2615,882N/A5,484N/A6/30/2019140,1265,426N/AN/AN/A3/31/2019143,4576,166N/A2,081N/A12/31/2018149,1415,452N/AN/AN/A9/30/2018150,6155,858N/A5,852N/A6/30/2018151,8936,721N/AN/AN/A3/31/2018149,4486,831N/A5,943N/A12/31/2017146,2917,932N/AN/AN/A9/30/2017143,5458,336N/A7,006N/A6/30/2017138,5947,125N/AN/AN/A3/31/2017134,8706,252N/A10,672N/A12/31/2016130,7765,197N/AN/AN/A9/30/2016129,0884,675N/A11,297N/A6/30/2016130,3926,080N/AN/AN/A3/31/2016131,1977,220N/A5,317N/A12/31/2015131,5327,257N/AN/AN/A9/30/2015130,3487,944N/A5,247N/A6/30/2015127,2497,014N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 6NV 의 연간 예상 수익 증가율(17.8%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: 6NV 의 연간 수익(17.8%)이 German 시장(17.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 6NV 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 6NV 의 수익(연간 10.8%)이 German 시장(연간 6.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 6NV 의 수익(연간 10.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 6NV의 자본 수익률은 3년 후 12.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/17 04:49종가2026/06/17 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스DAIHEN Corporation는 7명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Junji OkawaDaiwa Securities Co. Ltd.Ryo HaradaGoldman SachsKoichi HariyaIchiyoshi Research Institute Inc.4명의 분석가 더 보기
공시 • Feb 08DAIHEN Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024DAIHEN Corporation provided Consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales to be ¥190,000 million, operating profit to be ¥15,500 million, profit attributable to owners of parent to be ¥16,500 million or basic earnings per share to be ¥673.41.
공시 • Aug 10+ 1 more updateDAIHEN Corporation Provides Earnings Guidance for the First Half 2024 and Year Ending March 31, 2024DAIHEN Corporation provided earnings guidance for the first half 2024 and year ending March 31, 2024. For the first half, the company expects net sales to be ¥77,000 million. Operating profit to be ¥4,500 million. Profit attributable to owners of parent to be ¥3,500 million or Basic earnings per share to be ¥142.63.For the year, the company expects net sales to be ¥187,000 million. Operating profit to be ¥17,000 million. Profit attributable to owners of parent to be ¥13,500 million or Basic earnings per share to be ¥550.14.
공시 • Feb 10+ 1 more updateDAIHEN Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023DAIHEN Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects Net sales of JPY 180,000 million, operating profit of JPY 16,500 million, profit attributable to owners of the parent of JPY 12,000 million and basic earnings per share of JPY 489.07.
공시 • Jun 02+ 1 more updateDAIHEN Corporation Provides Consolidated Earnings Guidance for the First Half and Full Fiscal Year Ending March 31, 2023DAIHEN Corporation provided consolidated earnings guidance for the first half and full fiscal year ending March 31, 2023. For the first half, the company expects net sales of ¥8,000 million, operating profit of ¥7,000 million, profit attributable to owners of parent of ¥5,500 million and basic earnings per share of ¥224.16.For the full fiscal year, the company expects net sales of ¥180,000 million, operating profit of ¥16,500 million, profit attributable to owners of parent of ¥12,000 million and basic earnings per share of ¥489.07.
Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €81.50, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €39.42 per share.
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kiyotaka Kawasaki was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • May 11DAIHEN Corporation, Annual General Meeting, Jun 24, 2026DAIHEN Corporation, Annual General Meeting, Jun 24, 2026.
공시 • May 10DAIHEN Corporation to Report Fiscal Year 2026 Results on May 11, 2026DAIHEN Corporation announced that they will report fiscal year 2026 results on May 11, 2026
공시 • Feb 03DAIHEN Corporation (TSE:6622) announces an Equity Buyback for 300,000 shares, representing 1.25% for ¥4,000 million.DAIHEN Corporation (TSE:6622) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.25% of its issued share capital (excluding treasury stock), for ¥4,000 million. The purpose of the program is to strengthen shareholder returns and improve capital efficiency in order to increase shareholder value. The repurchased shares will be cancelled. The program is valid till March 31, 2026. As of January 30, 2026, there are 24,019,322 issued shares (excluding treasury stock) and 1,183,969 shares in treasury.
공시 • Dec 27DAIHEN Corporation to Report Q3, 2026 Results on Feb 03, 2026DAIHEN Corporation announced that they will report Q3, 2026 results on Feb 03, 2026
공시 • Sep 12DAIHEN Corporation to Report Q2, 2026 Results on Nov 06, 2025DAIHEN Corporation announced that they will report Q2, 2026 results on Nov 06, 2025
공시 • Jun 27DAIHEN Corporation to Report Q1, 2026 Results on Aug 05, 2025DAIHEN Corporation announced that they will report Q1, 2026 results on Aug 05, 2025
공시 • May 08DAIHEN Corporation, Annual General Meeting, Jun 26, 2025DAIHEN Corporation, Annual General Meeting, Jun 26, 2025.
공시 • Mar 29DAIHEN Corporation to Report Fiscal Year 2025 Results on May 08, 2025DAIHEN Corporation announced that they will report fiscal year 2025 results on May 08, 2025
공시 • Feb 05DAIHEN Corporation (TSE:6622) announces an Equity Buyback for 400,000 shares, for ¥2,864 million.DAIHEN Corporation (TSE:6622) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.64% of its issued share capital (excluding treasury stock), for ¥2864 million. The shares will be repurchased at ¥7160 per share. The purpose of the program is to strengthen shareholder returns and improve capital efficiency in order to increase shareholder value. The repurchased shares will be cancelled. As of January 31, 2024, there are 24,417,889 issued shares (excluding treasury stock) and Treasury stock: 1,185,402 shares.
공시 • Dec 13DAIHEN Corporation to Report Q3, 2025 Results on Feb 04, 2025DAIHEN Corporation announced that they will report Q3, 2025 results on Feb 04, 2025
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥147 (vs JP¥138 in 2Q 2024)Second quarter 2025 results: EPS: JP¥147 (up from JP¥138 in 2Q 2024). Revenue: JP¥52.8b (up 21% from 2Q 2024). Net income: JP¥3.58b (up 5.3% from 2Q 2024). Profit margin: 6.8% (down from 7.8% in 2Q 2024). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공시 • Sep 27DAIHEN Corporation to Report Q2, 2025 Results on Nov 06, 2024DAIHEN Corporation announced that they will report Q2, 2025 results on Nov 06, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥82.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.7%).
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥26.13 (vs JP¥28.04 in 1Q 2024)First quarter 2025 results: EPS: JP¥26.13 (down from JP¥28.04 in 1Q 2024). Revenue: JP¥43.3b (up 23% from 1Q 2024). Net income: JP¥636.0m (down 7.6% from 1Q 2024). Profit margin: 1.5% (down from 1.9% in 1Q 2024). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €34.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Electrical industry in Germany. Negligible returns to shareholders over past three years.
Declared Dividend • Jul 11Final dividend of JP¥82.50 announcedShareholders will receive a dividend of JP¥82.50. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 173%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (27% 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 increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jul 07DAIHEN Corporation to Report Q1, 2025 Results on Aug 05, 2024DAIHEN Corporation announced that they will report Q1, 2025 results on Aug 05, 2024
New Risk • May 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change).
공시 • May 16+ 2 more updatesDAIHEN Corporation Provides Dividend Guidance for the Second Quarter-End and Year-End of Fiscal Year Ending March 31, 2025DAIHEN Corporation provided dividend guidance for the second quarter-end and year-end of fiscal year ending March 31, 2025. For the second quarter-end, the company expects to pay a dividend of ¥82.5 per share against a ¥82.5 per share paid a year ago.For the fiscal year ending March 31, 2025, the company expects to pay a dividend of ¥82.5 per share against a ¥82.5 per share a year ago.
New Risk • May 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
공시 • May 11DAIHEN Corporation, Annual General Meeting, Jun 26, 2024DAIHEN Corporation, Annual General Meeting, Jun 26, 2024.
Reported Earnings • May 10Full year 2024 earnings released: EPS: JP¥673 (vs JP¥538 in FY 2023)Full year 2024 results: EPS: JP¥673 (up from JP¥538 in FY 2023). Revenue: JP¥188.6b (up 1.8% from FY 2023). Net income: JP¥16.5b (up 25% from FY 2023). Profit margin: 8.7% (up from 7.1% in FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year.
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €64.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Electrical industry in Germany. Total returns to shareholders of 123% over the past year.
공시 • Apr 07DAIHEN Corporation to Report Fiscal Year 2024 Results on May 09, 2024DAIHEN Corporation announced that they will report fiscal year 2024 results on May 09, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥82.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (1.9%).
공시 • Feb 08DAIHEN Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024DAIHEN Corporation provided Consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales to be ¥190,000 million, operating profit to be ¥15,500 million, profit attributable to owners of parent to be ¥16,500 million or basic earnings per share to be ¥673.41.
공시 • Feb 05DAIHEN Corporation (TSE:6622) announces an Equity Buyback for 202,112 shares, representing 0.82% for ¥1,400 million.DAIHEN Corporation (TSE:6622) announces a share repurchase program. Under the program, the company will repurchase 202,112 shares, representing 0.82% of the outstanding shares for ¥1,400 million. The repurchases will be made from company's subsidiary Shihen Tech Co., Ltd. The acquisition will be made on February 5, 2024. As of February 1, 2024, the company had 24,619,026 shares outstanding and 2,484,265 shares in treasury.
Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: JP¥293 (vs JP¥113 in 3Q 2023)Third quarter 2024 results: EPS: JP¥293 (up from JP¥113 in 3Q 2023). Revenue: JP¥48.3b (up 9.6% from 3Q 2023). Net income: JP¥7.18b (up 160% from 3Q 2023). Profit margin: 15% (up from 6.3% in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electrical industry in Germany.
공시 • Jan 14DAIHEN Corporation to Report Q3, 2024 Results on Feb 02, 2024DAIHEN Corporation announced that they will report Q3, 2024 results on Feb 02, 2024
Buying Opportunity • Dec 21Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be €48.34, however this is not to be taken as a buy 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 13%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 41% in the next 2 years.
공시 • Nov 10+ 1 more updateDAIHEN Corporation Provides Dividend Guidance for the Year Ending March 31, 2024DAIHEN Corporation provided dividend guidance for the year ending March 31, 2024 of ¥82.50 per share against ¥87.00 per share a year ago.
Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥138 (vs JP¥182 in 2Q 2023)Second quarter 2024 results: EPS: JP¥138 (down from JP¥182 in 2Q 2023). Revenue: JP¥43.6b (down 6.2% from 2Q 2023). Net income: JP¥3.40b (down 24% from 2Q 2023). Profit margin: 7.8% (down from 9.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Electrical industry in Germany.
Buying Opportunity • Oct 02Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €38.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 13% in 2 years. Earnings is forecast to grow by 20% in the next 2 years.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥82.50 per share at 3.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.1%).
공시 • Sep 10DAIHEN Corporation to Report Q2, 2024 Results on Nov 02, 2023DAIHEN Corporation announced that they will report Q2, 2024 results on Nov 02, 2023
공시 • Aug 31DAIHEN Corporation (TSE:6622) agreed to acquire Lorch SchweißTechnik Gmbh for €22 million.DAIHEN Corporation (TSE:6622) agreed to acquire Lorch SchweißTechnik Gmbh for €22 million on August 2, 2023. Transaction has been approved by DAIHEN Corporation;s board Transaction is expected to close on January 15, 2024
공시 • Aug 10+ 1 more updateDAIHEN Corporation Provides Earnings Guidance for the First Half 2024 and Year Ending March 31, 2024DAIHEN Corporation provided earnings guidance for the first half 2024 and year ending March 31, 2024. For the first half, the company expects net sales to be ¥77,000 million. Operating profit to be ¥4,500 million. Profit attributable to owners of parent to be ¥3,500 million or Basic earnings per share to be ¥142.63.For the year, the company expects net sales to be ¥187,000 million. Operating profit to be ¥17,000 million. Profit attributable to owners of parent to be ¥13,500 million or Basic earnings per share to be ¥550.14.
Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥28.04 (vs JP¥66.51 in 1Q 2023)First quarter 2024 results: EPS: JP¥28.04 (down from JP¥66.51 in 1Q 2023). Revenue: JP¥35.3b (down 3.8% from 1Q 2023). Net income: JP¥688.0m (down 58% from 1Q 2023). Profit margin: 1.9% (down from 4.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electrical industry in Germany.
공시 • May 31DAIHEN Corporation to Report Q1, 2024 Results on Aug 02, 2023DAIHEN Corporation announced that they will report Q1, 2024 results on Aug 02, 2023
공시 • May 13DAIHEN Corporation, Annual General Meeting, Jun 28, 2023DAIHEN Corporation, Annual General Meeting, Jun 28, 2023.
Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥538 (vs JP¥445 in FY 2022)Full year 2023 results: EPS: JP¥538 (up from JP¥445 in FY 2022). Revenue: JP¥185.3b (up 15% from FY 2022). Net income: JP¥13.2b (up 20% from FY 2022). Profit margin: 7.1% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electrical industry in Germany.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥75.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.1%).
공시 • Feb 10+ 1 more updateDAIHEN Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023DAIHEN Corporation provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects Net sales of JPY 180,000 million, operating profit of JPY 16,500 million, profit attributable to owners of the parent of JPY 12,000 million and basic earnings per share of JPY 489.07.
Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: JP¥113 (vs JP¥110 in 3Q 2022)Third quarter 2023 results: EPS: JP¥113 (up from JP¥110 in 3Q 2022). Revenue: JP¥44.1b (up 13% from 3Q 2022). Net income: JP¥2.77b (up 2.0% from 3Q 2022). Profit margin: 6.3% (down from 7.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electrical industry in Germany.
공시 • Dec 28DAIHEN Corporation to Report Q3, 2023 Results on Feb 03, 2023DAIHEN Corporation announced that they will report Q3, 2023 results on Feb 03, 2023
Board Change • Nov 18Less than half of directors are independentThere 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. 1 independent director (7 non-independent directors). Independent Board Director/Trustee Kusuo Sanjo was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥182 (vs JP¥112 in 2Q 2022)Second quarter 2023 results: EPS: JP¥182 (up from JP¥112 in 2Q 2022). Revenue: JP¥46.5b (up 25% from 2Q 2022). Net income: JP¥4.48b (up 62% from 2Q 2022). Profit margin: 9.6% (up from 7.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in Germany.
공시 • Oct 13DAIHEN Corporation to Report Q2, 2023 Results on Nov 02, 2022DAIHEN Corporation announced that they will report Q2, 2023 results on Nov 02, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.3%).
공시 • Aug 09+ 1 more updateDaihen Corporation Provides Dividend Guidance for He Second Quarter of Fiscal Year Ending March 31, 2023; Provides Dividend Guidance for the Year Ending March 31, 2023DAIHEN Corporation provided dividend guidance for the second quarter of fiscal year ending March 31, 2023. For the quarter, the company expects to pay dividend of JPY 75.00 against JPY 50.00 a year ago. For the year ending March 31, 2023, the company expects to pay dividend of JPY 75.00 against JPY 60.00 a year ago.
Reported Earnings • Aug 03First quarter 2023 earnings released: EPS: JP¥66.51 (vs JP¥97.47 in 1Q 2022)First quarter 2023 results: EPS: JP¥66.51 (down from JP¥97.47 in 1Q 2022). Revenue: JP¥36.7b (up 6.2% from 1Q 2022). Net income: JP¥1.63b (down 32% from 1Q 2022). Profit margin: 4.5% (down from 7.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 11%, compared to a 16% growth forecast for the industry in Germany.
공시 • Jun 30DAIHEN Corporation to Report Q1, 2023 Results on Aug 02, 2022DAIHEN Corporation announced that they will report Q1, 2023 results on Aug 02, 2022
공시 • Jun 02+ 1 more updateDAIHEN Corporation Provides Consolidated Earnings Guidance for the First Half and Full Fiscal Year Ending March 31, 2023DAIHEN Corporation provided consolidated earnings guidance for the first half and full fiscal year ending March 31, 2023. For the first half, the company expects net sales of ¥8,000 million, operating profit of ¥7,000 million, profit attributable to owners of parent of ¥5,500 million and basic earnings per share of ¥224.16.For the full fiscal year, the company expects net sales of ¥180,000 million, operating profit of ¥16,500 million, profit attributable to owners of parent of ¥12,000 million and basic earnings per share of ¥489.07.
Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥445 (vs JP¥381 in FY 2021)Full year 2022 results: EPS: JP¥445 (up from JP¥381 in FY 2021). Revenue: JP¥160.6b (up 11% from FY 2021). Net income: JP¥11.0b (up 17% from FY 2021). Profit margin: 6.8% (up from 6.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.3%, compared to a 11% growth forecast for the industry in Germany.
공시 • May 14DAIHEN Corporation, Annual General Meeting, Jun 28, 2022DAIHEN Corporation, Annual General Meeting, Jun 28, 2022.
Board Change • Apr 28Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. 1 independent director (7 non-independent directors). Independent Board Director/Trustee Kusuo Sanjo was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 08DAIHEN Corporation to Report Fiscal Year 2022 Results on May 12, 2022DAIHEN Corporation announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.9%).
공시 • Feb 16DAIHEN Corporation (TSE:6622) announces an Equity Buyback for 150,000 shares, representing 0.61% for ¥700 million.DAIHEN Corporation (TSE:6622) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 0.61% of the outstanding shares for ¥700 million. The purpose of the program is to improve shareholder value and capital efficiency per share. The program will run until March 31, 2022. As of January 31, 2022, the company had 24,686,314 shares outstanding and 2,416,977 shares in treasury.
공시 • Feb 10+ 1 more updateDAIHEN Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2022DAIHEN Corporation provided dividend guidance for the fiscal year ending March 31, 2022. For the year, the company expects dividend of ¥50.00 per share against ¥47.50 per share a year ago.
Reported Earnings • Feb 04Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥110 (up from JP¥69.11 in 3Q 2021). Revenue: JP¥39.0b (up 14% from 3Q 2021). Net income: JP¥2.71b (up 59% from 3Q 2021). Profit margin: 7.0% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 5.6%, compared to a 14% growth forecast for the industry in Germany.
Reported Earnings • Nov 03Second quarter 2022 earnings released: EPS JP¥112 (vs JP¥67.41 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥37.4b (up 15% from 2Q 2021). Net income: JP¥2.77b (up 66% from 2Q 2021). Profit margin: 7.4% (up from 5.1% in 2Q 2021). The increase in margin was driven by higher revenue.
Board Change • Jul 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 7 non-independent directors. Independent Board Director/Trustee Kusuo Sanjo was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 13Full year 2021 earnings released: EPS JP¥381 (vs JP¥269 in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥145.1b (flat on FY 2020). Net income: JP¥9.41b (up 41% from FY 2020). Profit margin: 6.5% (up from 4.6% in FY 2020).