View Future GrowthFrontier 과거 순이익 실적과거 기준 점검 5/6Frontier은 연평균 0.7%의 비율로 수입이 증가해 온 반면, Auto Components 산업은 수입이 11.5% 증가했습니다. 매출은 연평균 1.4%의 비율로 증가했습니다. Frontier의 자기자본이익률은 16%이고 순이익률은 4.5%입니다.핵심 정보0.74%순이익 성장률-1.63%주당순이익(EPS) 성장률Auto Components 산업 성장률6.19%매출 성장률1.44%자기자본이익률16.00%순이익률4.45%최근 순이익 업데이트28 Feb 2026최근 과거 실적 업데이트Reported Earnings • Oct 18Third quarter 2024 earnings released: JP¥5.76 loss per share (vs JP¥38.87 profit in 3Q 2023)Third quarter 2024 results: JP¥5.76 loss per share (down from JP¥38.87 profit in 3Q 2023). Revenue: JP¥326.0m (down 44% from 3Q 2023). Net loss: JP¥4.00m (down 115% from profit in 3Q 2023).Reported Earnings • Jul 16Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥361.0m (down 27% from 2Q 2023). Net income: JP¥0 (down JP¥24.0m from profit in 2Q 2023). Profit margin: 0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue.Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥8.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.40 (up from JP¥8.64 in 1Q 2023). Revenue: JP¥417.0m (up 13% from 1Q 2023). Net income: JP¥10.0m (up 67% from 1Q 2023). Profit margin: 2.4% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue.Reported Earnings • Jan 16Full year 2023 earnings released: EPS: JP¥117 (vs JP¥56.15 in FY 2022)Full year 2023 results: EPS: JP¥117 (up from JP¥56.15 in FY 2022). Revenue: JP¥2.16b (up 13% from FY 2022). Net income: JP¥81.0m (up 108% from FY 2022). Profit margin: 3.7% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue.Reported Earnings • Oct 16Third quarter 2023 earnings released: EPS: JP¥38.87 (vs JP¥20.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥38.87 (up from JP¥20.16 in 3Q 2022). Revenue: JP¥583.0m (up 10% from 3Q 2022). Net income: JP¥27.0m (up 93% from 3Q 2022). Profit margin: 4.6% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: JP¥34.55 (vs JP¥15.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥34.55 (up from JP¥15.84 in 2Q 2022). Revenue: JP¥495.0m (up 33% from 2Q 2022). Net income: JP¥24.0m (up 118% from 2Q 2022). Profit margin: 4.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue.모든 업데이트 보기Recent updatesUpcoming Dividend • May 21Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 31 August 2026. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.9%).Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Kenji Uchida was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Feb 04Frontier Inc. (FKSE:4250) announces an Equity Buyback for 100,000 shares, representing 7.2% for ¥59.5 million.Frontier Inc. (FKSE:4250) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 7.20% of its issued share capital, for ¥59.50 million. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy in response to changes in the business environment. The program will expire on February 5, 2026. As of November 30, 2025, the company had 1,389,200 shares in issue (excluding treasury shares) and 0 shares in treasury.공시 • Feb 25Frontier Inc., Annual General Meeting, Feb 27, 2025Frontier Inc., Annual General Meeting, Feb 27, 2025, at 10:00 Tokyo Standard Time. Location: 2-3-36 tenjin, chuo-ku, fukuoka prefecture , ibb fukuoka 6th floor conference room, fukuoka JapanReported Earnings • Oct 18Third quarter 2024 earnings released: JP¥5.76 loss per share (vs JP¥38.87 profit in 3Q 2023)Third quarter 2024 results: JP¥5.76 loss per share (down from JP¥38.87 profit in 3Q 2023). Revenue: JP¥326.0m (down 44% from 3Q 2023). Net loss: JP¥4.00m (down 115% from profit in 3Q 2023).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥847, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 8x in the Auto Components industry in Japan. Total loss to shareholders of 9.7% over the past year.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,088, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 9x in the Auto Components industry in Japan. Total returns to shareholders of 6.5% over the past year.Reported Earnings • Jul 16Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥361.0m (down 27% from 2Q 2023). Net income: JP¥0 (down JP¥24.0m from profit in 2Q 2023). Profit margin: 0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue.Upcoming Dividend • May 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 20% and the cash payout ratio is 83%. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.9%).Board Change • May 09Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Kenji Uchida was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥8.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.40 (up from JP¥8.64 in 1Q 2023). Revenue: JP¥417.0m (up 13% from 1Q 2023). Net income: JP¥10.0m (up 67% from 1Q 2023). Profit margin: 2.4% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,400, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 82% over the past year.Reported Earnings • Jan 16Full year 2023 earnings released: EPS: JP¥117 (vs JP¥56.15 in FY 2022)Full year 2023 results: EPS: JP¥117 (up from JP¥56.15 in FY 2022). Revenue: JP¥2.16b (up 13% from FY 2022). Net income: JP¥81.0m (up 108% from FY 2022). Profit margin: 3.7% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue.Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 28 February 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.8%).Reported Earnings • Oct 16Third quarter 2023 earnings released: EPS: JP¥38.87 (vs JP¥20.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥38.87 (up from JP¥20.16 in 3Q 2022). Revenue: JP¥583.0m (up 10% from 3Q 2022). Net income: JP¥27.0m (up 93% from 3Q 2022). Profit margin: 4.6% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue.New Risk • Jul 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% 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 Risks High level of non-cash earnings (32% accrual ratio). Market cap is less than US$10m (JP¥673.8m market cap, or US$4.86m). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: JP¥34.55 (vs JP¥15.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥34.55 (up from JP¥15.84 in 2Q 2022). Revenue: JP¥495.0m (up 33% from 2Q 2022). Net income: JP¥24.0m (up 118% from 2Q 2022). Profit margin: 4.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • Apr 16First quarter 2023 earnings released: EPS: JP¥8.64 (vs JP¥4.32 in 1Q 2022)First quarter 2023 results: EPS: JP¥8.64 (up from JP¥4.32 in 1Q 2022). Revenue: JP¥369.0m (up 4.8% from 1Q 2022). Net income: JP¥6.00m (up 100% from 1Q 2022). Profit margin: 1.6% (up from 0.9% in 1Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • Mar 04Full year 2022 earnings released: EPS: JP¥56.15 (vs JP¥102 in FY 2021)Full year 2022 results: EPS: JP¥56.15 (down from JP¥102 in FY 2021). Revenue: JP¥1.92b (up 14% from FY 2021). Net income: JP¥39.0m (down 40% from FY 2021). Profit margin: 2.0% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Jan 15Full year 2022 earnings released: EPS: JP¥56.15 (vs JP¥102 in FY 2021)Full year 2022 results: EPS: JP¥56.15 (down from JP¥102 in FY 2021). Revenue: JP¥1.92b (up 14% from FY 2021). Net income: JP¥39.0m (down 40% from FY 2021). Profit margin: 2.0% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses.Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 28 February 2023. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.0%).Board Change • Nov 17No 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 Kenji Uchida 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 15Third quarter 2022 earnings released: EPS: JP¥20.16 (vs JP¥41.27 in 3Q 2021)Third quarter 2022 results: EPS: JP¥20.16 (down from JP¥41.27 in 3Q 2021). Revenue: JP¥529.0m (up 8.8% from 3Q 2021). Net income: JP¥14.0m (down 46% from 3Q 2021). Profit margin: 2.6% (down from 5.3% in 3Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Jul 17Second quarter 2022 earnings released: EPS: JP¥15.84 (vs JP¥23.02 in 2Q 2021)Second quarter 2022 results: EPS: JP¥15.84 (down from JP¥23.02 in 2Q 2021). Revenue: JP¥373.0m (up 22% from 2Q 2021). Net income: JP¥11.0m (down 24% from 2Q 2021). Profit margin: 2.9% (down from 4.7% in 2Q 2021). The decrease in margin was driven by higher expenses.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 Kenji Uchida 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 15First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: JP¥4.32 (down from JP¥23.02 in 1Q 2021). Revenue: JP¥352.0m (up 15% from 1Q 2021). Net income: JP¥3.00m (down 79% from 1Q 2021). Profit margin: 0.9% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%.Reported Earnings • Mar 03Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥102 (up from JP¥96.83 in FY 2020). Revenue: JP¥1.68b (up 13% from FY 2020). Net income: JP¥65.0m (up 6.6% from FY 2020). Profit margin: 3.9% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%.Reported Earnings • Jan 16Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥102 (up from JP¥96.83 in FY 2020). Revenue: JP¥1.68b (up 13% from FY 2020). Net income: JP¥65.0m (up 6.6% from FY 2020). Profit margin: 3.9% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 17%.Board Change • Nov 03No 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 Nobuyasu Rikimaru was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Frontier가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이FKSE:4250 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비28 Feb 261,70776607030 Nov 251,68681597031 Aug 251,79190603031 May 251,71160597028 Feb 251,58830596030 Nov 241,63427593031 Aug 241,81830589031 May 242,07561594029 Feb 242,20985603030 Nov 232,16181598031 Aug 232,11068577031 May 232,05655556028 Feb 231,93442527030 Nov 221,91739505031 Aug 221,83238493031 May 221,78950484028 Feb 221,72254472030 Nov 211,67665472031 Aug 211,55878462031 May 211,53175459028 Feb 211,50668448030 Nov 201,48061436031 Aug 201,38152427031 May 201,28242417029 Feb 201,26153410030 Nov 191,23963403031 Aug 191,15949398031 May 191,07935392028 Feb 191,07119393030 Nov 181,0632393030 Nov 171,19665351030 Nov 161,134-83180양질의 수익: 4250는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 4250의 현재 순 이익률 (4.5%)은 지난해 (1.9%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 4250의 수익은 지난 5년 동안 연평균 0.7% 증가했습니다.성장 가속화: 지난 1년간 4250 의 수익 증가율(153.3%)은 연간 평균(0.7%)을 초과합니다.수익 대 산업: 4250의 지난 1년 수익 증가율(153.3%)은 Auto Components 업계의 30.2%를 상회했습니다.자기자본이익률높은 ROE: 4250의 자본 수익률(16%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YAutomobiles 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/30 23:25종가2026/05/29 00:00수익2026/02/28연간 수익2025/11/30데이터 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 소스Frontier Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Nobuyuki TakagiThe Stock Research Center
Reported Earnings • Oct 18Third quarter 2024 earnings released: JP¥5.76 loss per share (vs JP¥38.87 profit in 3Q 2023)Third quarter 2024 results: JP¥5.76 loss per share (down from JP¥38.87 profit in 3Q 2023). Revenue: JP¥326.0m (down 44% from 3Q 2023). Net loss: JP¥4.00m (down 115% from profit in 3Q 2023).
Reported Earnings • Jul 16Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥361.0m (down 27% from 2Q 2023). Net income: JP¥0 (down JP¥24.0m from profit in 2Q 2023). Profit margin: 0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue.
Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥8.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.40 (up from JP¥8.64 in 1Q 2023). Revenue: JP¥417.0m (up 13% from 1Q 2023). Net income: JP¥10.0m (up 67% from 1Q 2023). Profit margin: 2.4% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue.
Reported Earnings • Jan 16Full year 2023 earnings released: EPS: JP¥117 (vs JP¥56.15 in FY 2022)Full year 2023 results: EPS: JP¥117 (up from JP¥56.15 in FY 2022). Revenue: JP¥2.16b (up 13% from FY 2022). Net income: JP¥81.0m (up 108% from FY 2022). Profit margin: 3.7% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Oct 16Third quarter 2023 earnings released: EPS: JP¥38.87 (vs JP¥20.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥38.87 (up from JP¥20.16 in 3Q 2022). Revenue: JP¥583.0m (up 10% from 3Q 2022). Net income: JP¥27.0m (up 93% from 3Q 2022). Profit margin: 4.6% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: JP¥34.55 (vs JP¥15.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥34.55 (up from JP¥15.84 in 2Q 2022). Revenue: JP¥495.0m (up 33% from 2Q 2022). Net income: JP¥24.0m (up 118% from 2Q 2022). Profit margin: 4.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue.
Upcoming Dividend • May 21Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 31 August 2026. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.9%).
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Kenji Uchida was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Feb 04Frontier Inc. (FKSE:4250) announces an Equity Buyback for 100,000 shares, representing 7.2% for ¥59.5 million.Frontier Inc. (FKSE:4250) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 7.20% of its issued share capital, for ¥59.50 million. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy in response to changes in the business environment. The program will expire on February 5, 2026. As of November 30, 2025, the company had 1,389,200 shares in issue (excluding treasury shares) and 0 shares in treasury.
공시 • Feb 25Frontier Inc., Annual General Meeting, Feb 27, 2025Frontier Inc., Annual General Meeting, Feb 27, 2025, at 10:00 Tokyo Standard Time. Location: 2-3-36 tenjin, chuo-ku, fukuoka prefecture , ibb fukuoka 6th floor conference room, fukuoka Japan
Reported Earnings • Oct 18Third quarter 2024 earnings released: JP¥5.76 loss per share (vs JP¥38.87 profit in 3Q 2023)Third quarter 2024 results: JP¥5.76 loss per share (down from JP¥38.87 profit in 3Q 2023). Revenue: JP¥326.0m (down 44% from 3Q 2023). Net loss: JP¥4.00m (down 115% from profit in 3Q 2023).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥847, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 8x in the Auto Components industry in Japan. Total loss to shareholders of 9.7% over the past year.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,088, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 9x in the Auto Components industry in Japan. Total returns to shareholders of 6.5% over the past year.
Reported Earnings • Jul 16Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: JP¥361.0m (down 27% from 2Q 2023). Net income: JP¥0 (down JP¥24.0m from profit in 2Q 2023). Profit margin: 0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by lower revenue.
Upcoming Dividend • May 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 20% and the cash payout ratio is 83%. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.9%).
Board Change • May 09Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Kenji Uchida was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 16First quarter 2024 earnings released: EPS: JP¥14.40 (vs JP¥8.64 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.40 (up from JP¥8.64 in 1Q 2023). Revenue: JP¥417.0m (up 13% from 1Q 2023). Net income: JP¥10.0m (up 67% from 1Q 2023). Profit margin: 2.4% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,400, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 82% over the past year.
Reported Earnings • Jan 16Full year 2023 earnings released: EPS: JP¥117 (vs JP¥56.15 in FY 2022)Full year 2023 results: EPS: JP¥117 (up from JP¥56.15 in FY 2022). Revenue: JP¥2.16b (up 13% from FY 2022). Net income: JP¥81.0m (up 108% from FY 2022). Profit margin: 3.7% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue.
Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 28 February 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.8%).
Reported Earnings • Oct 16Third quarter 2023 earnings released: EPS: JP¥38.87 (vs JP¥20.16 in 3Q 2022)Third quarter 2023 results: EPS: JP¥38.87 (up from JP¥20.16 in 3Q 2022). Revenue: JP¥583.0m (up 10% from 3Q 2022). Net income: JP¥27.0m (up 93% from 3Q 2022). Profit margin: 4.6% (up from 2.6% in 3Q 2022). The increase in margin was driven by higher revenue.
New Risk • Jul 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 32% 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 Risks High level of non-cash earnings (32% accrual ratio). Market cap is less than US$10m (JP¥673.8m market cap, or US$4.86m). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).
Reported Earnings • Jul 16Second quarter 2023 earnings released: EPS: JP¥34.55 (vs JP¥15.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥34.55 (up from JP¥15.84 in 2Q 2022). Revenue: JP¥495.0m (up 33% from 2Q 2022). Net income: JP¥24.0m (up 118% from 2Q 2022). Profit margin: 4.8% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 16First quarter 2023 earnings released: EPS: JP¥8.64 (vs JP¥4.32 in 1Q 2022)First quarter 2023 results: EPS: JP¥8.64 (up from JP¥4.32 in 1Q 2022). Revenue: JP¥369.0m (up 4.8% from 1Q 2022). Net income: JP¥6.00m (up 100% from 1Q 2022). Profit margin: 1.6% (up from 0.9% in 1Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Mar 04Full year 2022 earnings released: EPS: JP¥56.15 (vs JP¥102 in FY 2021)Full year 2022 results: EPS: JP¥56.15 (down from JP¥102 in FY 2021). Revenue: JP¥1.92b (up 14% from FY 2021). Net income: JP¥39.0m (down 40% from FY 2021). Profit margin: 2.0% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Jan 15Full year 2022 earnings released: EPS: JP¥56.15 (vs JP¥102 in FY 2021)Full year 2022 results: EPS: JP¥56.15 (down from JP¥102 in FY 2021). Revenue: JP¥1.92b (up 14% from FY 2021). Net income: JP¥39.0m (down 40% from FY 2021). Profit margin: 2.0% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Nov 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 28 February 2023. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.0%).
Board Change • Nov 17No 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 Kenji Uchida 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 15Third quarter 2022 earnings released: EPS: JP¥20.16 (vs JP¥41.27 in 3Q 2021)Third quarter 2022 results: EPS: JP¥20.16 (down from JP¥41.27 in 3Q 2021). Revenue: JP¥529.0m (up 8.8% from 3Q 2021). Net income: JP¥14.0m (down 46% from 3Q 2021). Profit margin: 2.6% (down from 5.3% in 3Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Jul 17Second quarter 2022 earnings released: EPS: JP¥15.84 (vs JP¥23.02 in 2Q 2021)Second quarter 2022 results: EPS: JP¥15.84 (down from JP¥23.02 in 2Q 2021). Revenue: JP¥373.0m (up 22% from 2Q 2021). Net income: JP¥11.0m (down 24% from 2Q 2021). Profit margin: 2.9% (down from 4.7% in 2Q 2021). The decrease in margin was driven by higher expenses.
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 Kenji Uchida 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 15First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: JP¥4.32 (down from JP¥23.02 in 1Q 2021). Revenue: JP¥352.0m (up 15% from 1Q 2021). Net income: JP¥3.00m (down 79% from 1Q 2021). Profit margin: 0.9% (down from 4.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%.
Reported Earnings • Mar 03Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥102 (up from JP¥96.83 in FY 2020). Revenue: JP¥1.68b (up 13% from FY 2020). Net income: JP¥65.0m (up 6.6% from FY 2020). Profit margin: 3.9% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%.
Reported Earnings • Jan 16Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: JP¥102 (up from JP¥96.83 in FY 2020). Revenue: JP¥1.68b (up 13% from FY 2020). Net income: JP¥65.0m (up 6.6% from FY 2020). Profit margin: 3.9% (down from 4.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 17%.
Board Change • Nov 03No 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 Nobuyasu Rikimaru was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.