View ValuationMaruwaLtd 향후 성장Future 기준 점검 4/6MaruwaLtd (는) 각각 연간 25.9% 및 16.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 25.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 16.5% 로 예상됩니다.핵심 정보25.9%이익 성장률25.73%EPS 성장률Electronic 이익 성장18.4%매출 성장률16.4%향후 자기자본이익률16.50%애널리스트 커버리지Low마지막 업데이트08 May 2026최근 향후 성장 업데이트공시 • Jan 31+ 1 more updateMaruwa Co. Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Maruwa Co. Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 62,130 million and operating profit of JPY 20,350 million.공시 • Oct 28+ 1 more updateMaruwa Co.,Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2024Maruwa Co. Ltd. provided consolidated earnings guidance for the full year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of JPY 61,500 million, Operating profit of JPY 21,000 million.모든 업데이트 보기Recent updatesBoard Change • May 11Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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 11Maruwa Co.,Ltd., Annual General Meeting, Jun 19, 2026Maruwa Co.,Ltd., Annual General Meeting, Jun 19, 2026.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥65,740, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total returns to shareholders of 264% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥30,451 per share.Upcoming Dividend • Mar 23Upcoming dividend of JP¥51.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 6.9% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (1.0%).Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥399 (vs JP¥448 in 3Q 2025)Third quarter 2026 results: EPS: JP¥399 (down from JP¥448 in 3Q 2025). Revenue: JP¥19.1b (up 4.3% from 3Q 2025). Net income: JP¥4.92b (down 11% from 3Q 2025). Profit margin: 26% (down from 30% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jan 06First half dividend of JP¥51.00 announcedShareholders will receive a dividend of JP¥51.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 15%.Board Change • Jan 06Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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 • Dec 25Maruwa Co.,Ltd. to Report Q3, 2026 Results on Feb 03, 2026Maruwa Co.,Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026Declared Dividend • Dec 09First half dividend of JP¥51.00 announcedShareholders will receive a dividend of JP¥51.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 15%.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥48,210, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 170% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥21,919 per share.Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: JP¥286 (vs JP¥319 in 2Q 2025)Second quarter 2026 results: EPS: JP¥286 (down from JP¥319 in 2Q 2025). Revenue: JP¥15.9b (down 15% from 2Q 2025). Net income: JP¥3.54b (down 10% from 2Q 2025). Profit margin: 22% (up from 21% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Oct 31Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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.Board Change • Oct 14Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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.Board Change • Sep 24Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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 • Sep 06Maruwa Co.,Ltd. to Report Q2, 2026 Results on Nov 05, 2025Maruwa Co.,Ltd. announced that they will report Q2, 2026 results on Nov 05, 2025Board Change • Jul 30Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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.Declared Dividend • Jul 10Final dividend of JP¥51.00 announcedShareholders will receive a dividend of JP¥51.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 8%.공시 • Jun 20Maruwa Co.,Ltd. to Report Q1, 2026 Results on Jul 24, 2025Maruwa Co.,Ltd. announced that they will report Q1, 2026 results on Jul 24, 2025Board Change • Jun 11Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • May 07Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 25Maruwa Co.,Ltd., Annual General Meeting, Jun 20, 2025Maruwa Co.,Ltd., Annual General Meeting, Jun 20, 2025.Board Change • Apr 10Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Mar 26Maruwa Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2025Maruwa Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2025Board Change • Mar 19Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jan 19Maruwa Co.,Ltd. to Report Q3, 2025 Results on Jan 29, 2025Maruwa Co.,Ltd. announced that they will report Q3, 2025 results on Jan 29, 2025Board Change • Dec 20Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 19Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥319 (vs JP¥319 in 2Q 2024)Second quarter 2025 results: EPS: JP¥319 (up from JP¥319 in 2Q 2024). Revenue: JP¥18.6b (up 21% from 2Q 2024). Net income: JP¥3.94b (flat on 2Q 2024). Profit margin: 21% (down from 26% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 29+ 1 more updateMaruwa Co.,Ltd. Announces Cash Dividend for the Six Months Ending March 31, 2025, Payable on December 2, 2024; Provides Year End Dividend Guidance for the Year Ending March 31, 2025Maruwa Co.,Ltd. announced cash dividend for the six months ending March 31, 2025. For the period, the company announced cash dividend of JPY 47 per share compared to JPY 43 per share a year ago. The dividend will be payable on December 2, 2024. The company provided year end dividend guidance for the year ending March 31, 2025. For the year end, the company expected dividend of JPY 47 per share compared to JPY 43 per share a year ago.Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥39,050, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total returns to shareholders of 232% over the past three years.Board Change • Sep 20Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Aug 08Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Declared Dividend • Jul 12Final dividend increased to JP¥47.00Dividend of JP¥47.00 is 9.3% higher than last year. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 18%.공시 • Jun 28Maruwa Co.,Ltd. to Report Q1, 2025 Results on Jul 29, 2024Maruwa Co.,Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥1,233 (vs JP¥1,217 in FY 2023)Full year 2024 results: EPS: JP¥1,233 (up from JP¥1,217 in FY 2023). Revenue: JP¥61.6b (up 4.7% from FY 2023). Net income: JP¥15.2b (up 1.3% from FY 2023). Profit margin: 25% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electronic industry in the United Kingdom.공시 • Apr 27+ 2 more updatesMaruwa Co.,Ltd., Annual General Meeting, Jun 20, 2024Maruwa Co.,Ltd., Annual General Meeting, Jun 20, 2024.Reported Earnings • Apr 26Full year 2024 earnings released: EPS: JP¥1,233 (vs JP¥1,217 in FY 2023)Full year 2024 results: EPS: JP¥1,233 (up from JP¥1,217 in FY 2023). Revenue: JP¥61.6b (up 4.7% from FY 2023). Net income: JP¥15.2b (up 1.3% from FY 2023). Profit margin: 25% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 21Upcoming dividend of JP¥43.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (6.3%). Lower than average of industry peers (1.6%).공시 • Mar 02Maruwa Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2024Maruwa Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2024Reported Earnings • Feb 01Third quarter 2024 earnings released: EPS: JP¥310 (vs JP¥270 in 3Q 2023)Third quarter 2024 results: EPS: JP¥310 (up from JP¥270 in 3Q 2023). Revenue: JP¥17.0b (up 14% from 3Q 2023). Net income: JP¥3.83b (up 15% from 3Q 2023). Profit margin: 23% (in line with 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jan 31+ 1 more updateMaruwa Co. Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Maruwa Co. Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 62,130 million and operating profit of JPY 20,350 million.Board Change • Jan 22Less 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. 5 non-independent directors. Independent Outside Director Takeyuki Hara was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Dec 29Maruwa Co.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024Maruwa Co.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Board Change • Dec 15Less 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. 5 non-independent directors. Independent Outside Director Takeyuki Hara was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 16Second quarter 2024 earnings released: EPS: JP¥319 (vs JP¥366 in 2Q 2023)Second quarter 2024 results: EPS: JP¥319 (down from JP¥366 in 2Q 2023). Revenue: JP¥15.3b (down 2.4% from 2Q 2023). Net income: JP¥3.93b (down 13% from 2Q 2023). Profit margin: 26% (down from 29% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥28,000, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 165% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥16,036 per share.Board Change • Nov 09Less 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. 5 non-independent directors. Independent Outside Director Takeyuki Hara was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Oct 28+ 1 more updateMaruwa Co.,Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2024Maruwa Co. Ltd. provided consolidated earnings guidance for the full year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of JPY 61,500 million, Operating profit of JPY 21,000 million.Reported Earnings • Oct 28Second quarter 2024 earnings released: EPS: JP¥319 (vs JP¥366 in 2Q 2023)Second quarter 2024 results: EPS: JP¥319 (down from JP¥366 in 2Q 2023). Revenue: JP¥15.3b (down 2.4% from 2Q 2023). Net income: JP¥3.93b (down 13% from 2Q 2023). Profit margin: 26% (down from 29% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 27% per year.Board Change • Oct 25Less 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. 3 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Masahiko Mitsuoka was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Sep 28Maruwa Co.,Ltd. to Report Q2, 2024 Results on Oct 26, 2023Maruwa Co.,Ltd. announced that they will report Q2, 2024 results on Oct 26, 2023Upcoming Dividend • Sep 22Upcoming dividend of JP¥43.00 per share at 0.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (1.7%).Board Change • Sep 14No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥25,390, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 212% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥17,653 per share.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥231 (vs JP¥331 in 1Q 2023)First quarter 2024 results: EPS: JP¥231 (down from JP¥331 in 1Q 2023). Revenue: JP¥12.7b (down 8.8% from 1Q 2023). Net income: JP¥2.85b (down 30% from 1Q 2023). Profit margin: 22% (down from 29% in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 38% per year.공시 • Jul 28+ 1 more updateMaruwa Co.,Ltd. Provides Dividend Guidance for the Second Quarter-End and Fiscal Year Ending March 31, 2024Maruwa Co.,Ltd. provided dividend guidance for the second quarter-end and fiscal year ending March 31, 2024. For the quarter, the company expects dividend to be JPY 43.00 per share compared to JPY 38.00 per share a year ago.For the fiscal year, the company expects dividend to be JPY 43.00 per share compared to JPY 40.00 per share a year ago.공시 • Jun 30Maruwa Co., Ltd. to Report Q1, 2024 Results on Jul 27, 2023Maruwa Co., Ltd. announced that they will report Q1, 2024 results on Jul 27, 2023Board Change • May 23No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 29Full year 2023 earnings released: EPS: JP¥1,217 (vs JP¥1,082 in FY 2022)Full year 2023 results: EPS: JP¥1,217 (up from JP¥1,082 in FY 2022). Revenue: JP¥58.8b (up 8.2% from FY 2022). Net income: JP¥15.0b (up 13% from FY 2022). Profit margin: 26% (in line with FY 2022). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 42% per year.Board Change • Apr 21No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Mar 29No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Mar 02No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Feb 02No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jan 31+ 1 more updateMaruwa Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Maruwa Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 40.00 per share compared to JPY 36.00 per share.공시 • Dec 22Maruwa Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Maruwa Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023Board Change • Nov 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥366 (vs JP¥272 in 2Q 2022)Second quarter 2023 results: EPS: JP¥366 (up from JP¥272 in 2Q 2022). Revenue: JP¥15.7b (up 16% from 2Q 2022). Net income: JP¥4.52b (up 35% from 2Q 2022). Profit margin: 29% (up from 25% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Board Change • Oct 26No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 22Upcoming dividend of JP¥38.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (1.6%).Board Change • Sep 05No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 30First quarter 2023 earnings released: EPS: JP¥331 (vs JP¥179 in 1Q 2022)First quarter 2023 results: EPS: JP¥331 (up from JP¥179 in 1Q 2022). Revenue: JP¥14.0b (up 26% from 1Q 2022). Net income: JP¥4.09b (up 85% from 1Q 2022). Profit margin: 29% (up from 20% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 9.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 36% per year.Buying Opportunity • Jun 08Now 21% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥20,010, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings is also forecast to grow by 9.1% per annum over the same time period.Reported Earnings • Apr 29Full year 2022 earnings released: EPS: JP¥1,082 (vs JP¥562 in FY 2021)Full year 2022 results: EPS: JP¥1,082 (up from JP¥562 in FY 2021). Revenue: JP¥54.3b (up 31% from FY 2021). Net income: JP¥13.4b (up 93% from FY 2021). Profit margin: 25% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 8.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 23Upcoming dividend of JP¥36.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 3.7% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (1.4%).Board Change • Mar 07No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. External Auditor Akihide Kato was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jan 31No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. External Auditor Akihide Kato was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Second quarter 2022 earnings released: EPS JP¥272 (vs JP¥139 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥13.6b (up 29% from 2Q 2021). Net income: JP¥3.36b (up 96% from 2Q 2021). Profit margin: 25% (up from 16% 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 9% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.이익 및 매출 성장 예측LSE:MAW - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029132,40046,818N/AN/A13/31/2028102,92531,56914,71935,21943/31/202790,92026,49510,23130,23153/31/202674,47618,163-5,59116,933N/A12/31/202570,93317,609N/AN/AN/A9/30/202570,14218,2158,64323,319N/A6/30/202572,86218,618N/AN/AN/A3/31/202571,84919,24215,25425,351N/A12/31/202469,67918,578N/AN/AN/A9/30/202468,32316,87913,54621,841N/A6/30/202465,08516,872N/AN/AN/A3/31/202461,56415,2165,98117,222N/A12/31/202359,25313,689N/AN/AN/A9/30/202357,19913,1932,48214,121N/A6/30/202357,57213,778N/AN/AN/A3/31/202358,80415,0206,92315,647N/A12/31/202258,85115,773N/AN/AN/A9/30/202259,29016,38710,77217,275N/A6/30/202257,18615,227N/AN/AN/A3/31/202254,34413,35010,94914,757N/A12/31/202150,93911,368N/AN/AN/A9/30/202146,6279,3486,4679,892N/A6/30/202143,5687,701N/AN/AN/A3/31/202141,4386,9355,13710,713N/A12/31/202040,9896,884N/AN/AN/A9/30/202040,4226,1794,37611,113N/A6/30/202039,8315,824N/AN/AN/A3/31/202041,2315,8935,28010,719N/A12/31/201941,8546,019N/AN/AN/A9/30/201942,0806,405N/A9,401N/A6/30/201942,2476,776N/AN/AN/A3/31/201941,1936,770N/A6,967N/A12/31/201840,6575,986N/AN/AN/A9/30/201840,5136,136N/A8,050N/A6/30/201839,6675,975N/AN/AN/A3/31/201838,5135,544N/A7,544N/A12/31/201736,8585,031N/AN/AN/A9/30/201734,4824,340N/A6,011N/A6/30/201733,0213,420N/AN/AN/A3/31/201732,1872,850N/A5,348N/A12/31/201631,5942,838N/AN/AN/A9/30/201631,1732,585N/A4,732N/A6/30/201630,7302,352N/AN/AN/A3/31/201630,5782,286N/A4,153N/A12/31/201530,9011,157N/AN/AN/A9/30/201531,553981N/A3,007N/A6/30/201532,484969N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MAW 의 연간 예상 수익 증가율(25.9%)이 saving rate(3.4%)보다 높습니다.수익 vs 시장: MAW 의 연간 수익(25.9%)이 UK 시장(11.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: MAW 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: MAW 의 수익(연간 16.4%)이 UK 시장(연간 4.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: MAW 의 수익(연간 16.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: MAW의 자본 수익률은 3년 후 16.5%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 06:59종가2026/05/20 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 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Maruwa Co.,Ltd.는 8명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Niima KomuraBofA Global ResearchTakeshi FukuyamaDaiwa Securities Co. Ltd.Mitsuhiro IchoGoldman Sachs5명의 분석가 더 보기
공시 • Jan 31+ 1 more updateMaruwa Co. Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Maruwa Co. Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 62,130 million and operating profit of JPY 20,350 million.
공시 • Oct 28+ 1 more updateMaruwa Co.,Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2024Maruwa Co. Ltd. provided consolidated earnings guidance for the full year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of JPY 61,500 million, Operating profit of JPY 21,000 million.
Board Change • May 11Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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 11Maruwa Co.,Ltd., Annual General Meeting, Jun 19, 2026Maruwa Co.,Ltd., Annual General Meeting, Jun 19, 2026.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥65,740, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total returns to shareholders of 264% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥30,451 per share.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥51.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 6.9% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (1.0%).
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥399 (vs JP¥448 in 3Q 2025)Third quarter 2026 results: EPS: JP¥399 (down from JP¥448 in 3Q 2025). Revenue: JP¥19.1b (up 4.3% from 3Q 2025). Net income: JP¥4.92b (down 11% from 3Q 2025). Profit margin: 26% (down from 30% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jan 06First half dividend of JP¥51.00 announcedShareholders will receive a dividend of JP¥51.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 15%.
Board Change • Jan 06Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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 • Dec 25Maruwa Co.,Ltd. to Report Q3, 2026 Results on Feb 03, 2026Maruwa Co.,Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026
Declared Dividend • Dec 09First half dividend of JP¥51.00 announcedShareholders will receive a dividend of JP¥51.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 15%.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥48,210, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 170% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥21,919 per share.
Reported Earnings • Nov 07Second quarter 2026 earnings released: EPS: JP¥286 (vs JP¥319 in 2Q 2025)Second quarter 2026 results: EPS: JP¥286 (down from JP¥319 in 2Q 2025). Revenue: JP¥15.9b (down 15% from 2Q 2025). Net income: JP¥3.54b (down 10% from 2Q 2025). Profit margin: 22% (up from 21% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Oct 31Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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.
Board Change • Oct 14Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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.
Board Change • Sep 24Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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 • Sep 06Maruwa Co.,Ltd. to Report Q2, 2026 Results on Nov 05, 2025Maruwa Co.,Ltd. announced that they will report Q2, 2026 results on Nov 05, 2025
Board Change • Jul 30Less 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. 4 non-independent directors. Independent Outside Director Masao Kubo 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.
Declared Dividend • Jul 10Final dividend of JP¥51.00 announcedShareholders will receive a dividend of JP¥51.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 8%.
공시 • Jun 20Maruwa Co.,Ltd. to Report Q1, 2026 Results on Jul 24, 2025Maruwa Co.,Ltd. announced that they will report Q1, 2026 results on Jul 24, 2025
Board Change • Jun 11Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • May 07Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 25Maruwa Co.,Ltd., Annual General Meeting, Jun 20, 2025Maruwa Co.,Ltd., Annual General Meeting, Jun 20, 2025.
Board Change • Apr 10Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Mar 26Maruwa Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2025Maruwa Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2025
Board Change • Mar 19Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jan 19Maruwa Co.,Ltd. to Report Q3, 2025 Results on Jan 29, 2025Maruwa Co.,Ltd. announced that they will report Q3, 2025 results on Jan 29, 2025
Board Change • Dec 20Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 19Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥319 (vs JP¥319 in 2Q 2024)Second quarter 2025 results: EPS: JP¥319 (up from JP¥319 in 2Q 2024). Revenue: JP¥18.6b (up 21% from 2Q 2024). Net income: JP¥3.94b (flat on 2Q 2024). Profit margin: 21% (down from 26% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 29+ 1 more updateMaruwa Co.,Ltd. Announces Cash Dividend for the Six Months Ending March 31, 2025, Payable on December 2, 2024; Provides Year End Dividend Guidance for the Year Ending March 31, 2025Maruwa Co.,Ltd. announced cash dividend for the six months ending March 31, 2025. For the period, the company announced cash dividend of JPY 47 per share compared to JPY 43 per share a year ago. The dividend will be payable on December 2, 2024. The company provided year end dividend guidance for the year ending March 31, 2025. For the year end, the company expected dividend of JPY 47 per share compared to JPY 43 per share a year ago.
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥39,050, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Electronic industry in the United Kingdom. Total returns to shareholders of 232% over the past three years.
Board Change • Sep 20Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Aug 08Less 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. 4 non-independent directors. Independent Outside Director Aya Okauchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Declared Dividend • Jul 12Final dividend increased to JP¥47.00Dividend of JP¥47.00 is 9.3% higher than last year. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 18%.
공시 • Jun 28Maruwa Co.,Ltd. to Report Q1, 2025 Results on Jul 29, 2024Maruwa Co.,Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024
Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥1,233 (vs JP¥1,217 in FY 2023)Full year 2024 results: EPS: JP¥1,233 (up from JP¥1,217 in FY 2023). Revenue: JP¥61.6b (up 4.7% from FY 2023). Net income: JP¥15.2b (up 1.3% from FY 2023). Profit margin: 25% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electronic industry in the United Kingdom.
공시 • Apr 27+ 2 more updatesMaruwa Co.,Ltd., Annual General Meeting, Jun 20, 2024Maruwa Co.,Ltd., Annual General Meeting, Jun 20, 2024.
Reported Earnings • Apr 26Full year 2024 earnings released: EPS: JP¥1,233 (vs JP¥1,217 in FY 2023)Full year 2024 results: EPS: JP¥1,233 (up from JP¥1,217 in FY 2023). Revenue: JP¥61.6b (up 4.7% from FY 2023). Net income: JP¥15.2b (up 1.3% from FY 2023). Profit margin: 25% (in line with FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥43.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (6.3%). Lower than average of industry peers (1.6%).
공시 • Mar 02Maruwa Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2024Maruwa Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2024
Reported Earnings • Feb 01Third quarter 2024 earnings released: EPS: JP¥310 (vs JP¥270 in 3Q 2023)Third quarter 2024 results: EPS: JP¥310 (up from JP¥270 in 3Q 2023). Revenue: JP¥17.0b (up 14% from 3Q 2023). Net income: JP¥3.83b (up 15% from 3Q 2023). Profit margin: 23% (in line with 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jan 31+ 1 more updateMaruwa Co. Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Maruwa Co. Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 62,130 million and operating profit of JPY 20,350 million.
Board Change • Jan 22Less 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. 5 non-independent directors. Independent Outside Director Takeyuki Hara was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Dec 29Maruwa Co.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024Maruwa Co.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Board Change • Dec 15Less 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. 5 non-independent directors. Independent Outside Director Takeyuki Hara was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 16Second quarter 2024 earnings released: EPS: JP¥319 (vs JP¥366 in 2Q 2023)Second quarter 2024 results: EPS: JP¥319 (down from JP¥366 in 2Q 2023). Revenue: JP¥15.3b (down 2.4% from 2Q 2023). Net income: JP¥3.93b (down 13% from 2Q 2023). Profit margin: 26% (down from 29% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 25%After last week's 25% share price gain to JP¥28,000, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total returns to shareholders of 165% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥16,036 per share.
Board Change • Nov 09Less 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. 5 non-independent directors. Independent Outside Director Takeyuki Hara was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Oct 28+ 1 more updateMaruwa Co.,Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2024Maruwa Co. Ltd. provided consolidated earnings guidance for the full year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of JPY 61,500 million, Operating profit of JPY 21,000 million.
Reported Earnings • Oct 28Second quarter 2024 earnings released: EPS: JP¥319 (vs JP¥366 in 2Q 2023)Second quarter 2024 results: EPS: JP¥319 (down from JP¥366 in 2Q 2023). Revenue: JP¥15.3b (down 2.4% from 2Q 2023). Net income: JP¥3.93b (down 13% from 2Q 2023). Profit margin: 26% (down from 29% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 27% per year.
Board Change • Oct 25Less 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. 3 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Masahiko Mitsuoka was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Sep 28Maruwa Co.,Ltd. to Report Q2, 2024 Results on Oct 26, 2023Maruwa Co.,Ltd. announced that they will report Q2, 2024 results on Oct 26, 2023
Upcoming Dividend • Sep 22Upcoming dividend of JP¥43.00 per share at 0.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (1.7%).
Board Change • Sep 14No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥25,390, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 212% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥17,653 per share.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥231 (vs JP¥331 in 1Q 2023)First quarter 2024 results: EPS: JP¥231 (down from JP¥331 in 1Q 2023). Revenue: JP¥12.7b (down 8.8% from 1Q 2023). Net income: JP¥2.85b (down 30% from 1Q 2023). Profit margin: 22% (down from 29% in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 38% per year.
공시 • Jul 28+ 1 more updateMaruwa Co.,Ltd. Provides Dividend Guidance for the Second Quarter-End and Fiscal Year Ending March 31, 2024Maruwa Co.,Ltd. provided dividend guidance for the second quarter-end and fiscal year ending March 31, 2024. For the quarter, the company expects dividend to be JPY 43.00 per share compared to JPY 38.00 per share a year ago.For the fiscal year, the company expects dividend to be JPY 43.00 per share compared to JPY 40.00 per share a year ago.
공시 • Jun 30Maruwa Co., Ltd. to Report Q1, 2024 Results on Jul 27, 2023Maruwa Co., Ltd. announced that they will report Q1, 2024 results on Jul 27, 2023
Board Change • May 23No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 29Full year 2023 earnings released: EPS: JP¥1,217 (vs JP¥1,082 in FY 2022)Full year 2023 results: EPS: JP¥1,217 (up from JP¥1,082 in FY 2022). Revenue: JP¥58.8b (up 8.2% from FY 2022). Net income: JP¥15.0b (up 13% from FY 2022). Profit margin: 26% (in line with FY 2022). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 42% per year.
Board Change • Apr 21No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Mar 29No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Mar 02No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Feb 02No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jan 31+ 1 more updateMaruwa Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Maruwa Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 40.00 per share compared to JPY 36.00 per share.
공시 • Dec 22Maruwa Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Maruwa Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023
Board Change • Nov 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥366 (vs JP¥272 in 2Q 2022)Second quarter 2023 results: EPS: JP¥366 (up from JP¥272 in 2Q 2022). Revenue: JP¥15.7b (up 16% from 2Q 2022). Net income: JP¥4.52b (up 35% from 2Q 2022). Profit margin: 29% (up from 25% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Board Change • Oct 26No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥38.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (1.6%).
Board Change • Sep 05No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 30First quarter 2023 earnings released: EPS: JP¥331 (vs JP¥179 in 1Q 2022)First quarter 2023 results: EPS: JP¥331 (up from JP¥179 in 1Q 2022). Revenue: JP¥14.0b (up 26% from 1Q 2022). Net income: JP¥4.09b (up 85% from 1Q 2022). Profit margin: 29% (up from 20% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 9.5% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 36% per year.
Buying Opportunity • Jun 08Now 21% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be JP¥20,010, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings is also forecast to grow by 9.1% per annum over the same time period.
Reported Earnings • Apr 29Full year 2022 earnings released: EPS: JP¥1,082 (vs JP¥562 in FY 2021)Full year 2022 results: EPS: JP¥1,082 (up from JP¥562 in FY 2021). Revenue: JP¥54.3b (up 31% from FY 2021). Net income: JP¥13.4b (up 93% from FY 2021). Profit margin: 25% (up from 17% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 8.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Yukiko Morishita was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥36.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 3.7% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (4.6%). Lower than average of industry peers (1.4%).
Board Change • Mar 07No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. External Auditor Akihide Kato was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jan 31No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. External Auditor Akihide Kato was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Second quarter 2022 earnings released: EPS JP¥272 (vs JP¥139 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥13.6b (up 29% from 2Q 2021). Net income: JP¥3.36b (up 96% from 2Q 2021). Profit margin: 25% (up from 16% 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 9% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.