View Financial HealthMikuni 배당 및 자사주 매입배당 기준 점검 5/6Mikuni 수익으로 충분히 충당되는 현재 수익률 4.04% 보유한 배당금 지급 회사입니다. 다음 지급일은 7th December, 2026 이며 배당락일은 다음과 같습니다. 29th September, 2026.핵심 정보4.0%배당 수익률0.4%자사주 매입 수익률총 주주 수익률4.4%미래 배당 수익률n/a배당 성장률-0.5%다음 배당 지급일07 Dec 26배당락일29 Sep 26주당 배당금n/a배당 성향46%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jul 25Final dividend of JP¥7.00 announcedShareholders will receive a dividend of JP¥7.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).Declared Dividend • Dec 06First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 44% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Sep 22Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.0%).Declared Dividend • Jul 09Final dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 47% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).모든 업데이트 보기Recent updatesReported Earnings • Aug 10First quarter 2027 earnings released: EPS: JP¥17.16 (vs JP¥22.48 in 1Q 2026)First quarter 2027 results: EPS: JP¥17.16 (down from JP¥22.48 in 1Q 2026). Revenue: JP¥27.0b (up 9.8% from 1Q 2026). Net income: JP¥577.0m (down 24% from 1Q 2026). Profit margin: 2.1% (down from 3.1% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Declared Dividend • Jul 25Final dividend of JP¥7.00 announcedShareholders will receive a dividend of JP¥7.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Board Change • Jul 21Less 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. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Masumi Shiraishi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Jun 03Mikuni Corporation to Report Q1, 2027 Results on Aug 07, 2026Mikuni Corporation announced that they will report Q1, 2027 results on Aug 07, 2026Reported Earnings • May 30Full year 2026 earnings released: EPS: JP¥35.57 (vs JP¥59.26 in FY 2025)Full year 2026 results: EPS: JP¥35.57 (down from JP¥59.26 in FY 2025). Revenue: JP¥103.4b (up 2.0% from FY 2025). Net income: JP¥1.20b (down 40% from FY 2025). Profit margin: 1.2% (down from 2.0% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • May 29Mikuni Corporation, Annual General Meeting, Jun 26, 2026Mikuni Corporation, Annual General Meeting, Jun 26, 2026.공고 • May 10Mikuni Corporation to Report Fiscal Year 2026 Results on May 11, 2026Mikuni Corporation announced that they will report fiscal year 2026 results on May 11, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥13.20 (vs JP¥2.23 loss in 3Q 2025)Third quarter 2026 results: EPS: JP¥13.20 (up from JP¥2.23 loss in 3Q 2025). Revenue: JP¥26.1b (up 3.7% from 3Q 2025). Net income: JP¥444.0m (up JP¥519.0m from 3Q 2025). Profit margin: 1.7% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Declared Dividend • Dec 06First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 44% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공고 • Dec 02Mikuni Corporation to Report Q3, 2026 Results on Feb 09, 2026Mikuni Corporation announced that they will report Q3, 2026 results on Feb 09, 2026분석 기사 • Nov 19Mikuni's (TSE:7247) Profits May Not Reveal Underlying IssuesThe market shrugged off Mikuni Corporation's ( TSE:7247 ) solid earnings report. Our analysis showed that there are...분석 기사 • Nov 17Returns Are Gaining Momentum At Mikuni (TSE:7247)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥4.19 (vs JP¥5.08 loss in 2Q 2025)Second quarter 2026 results: EPS: JP¥4.19 (up from JP¥5.08 loss in 2Q 2025). Revenue: JP¥24.8b (down 4.8% from 2Q 2025). Net income: JP¥141.0m (up JP¥312.0m from 2Q 2025). Profit margin: 0.6% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.0%).공고 • Sep 14Mikuni Corporation to Report Q2, 2026 Results on Nov 10, 2025Mikuni Corporation announced that they will report Q2, 2026 results on Nov 10, 2025분석 기사 • Aug 19Mikuni Corporation (TSE:7247) Soars 25% But It's A Story Of Risk Vs RewardThe Mikuni Corporation ( TSE:7247 ) share price has done very well over the last month, posting an excellent gain of...Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥351, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 20% over the past three years.Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥21.91 (vs JP¥6.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥21.91 (up from JP¥6.36 in 1Q 2025). Revenue: JP¥24.6b (up 1.4% from 1Q 2025). Net income: JP¥738.0m (up 245% from 1Q 2025). Profit margin: 3.0% (up from 0.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Declared Dividend • Jul 09Final dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 47% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공고 • May 31Mikuni Corporation to Report Q1, 2026 Results on Aug 08, 2025Mikuni Corporation announced that they will report Q1, 2026 results on Aug 08, 2025분석 기사 • May 20Mikuni's (TSE:7247) Promising Earnings May Rest On Soft FoundationsMikuni Corporation's ( TSE:7247 ) robust earnings report didn't manage to move the market for its stock. We did some...Reported Earnings • May 13Full year 2025 earnings released: EPS: JP¥64.25 (vs JP¥33.16 in FY 2024)Full year 2025 results: EPS: JP¥64.25 (up from JP¥33.16 in FY 2024). Revenue: JP¥101.4b (up 1.5% from FY 2024). Net income: JP¥2.16b (up 94% from FY 2024). Profit margin: 2.1% (up from 1.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공고 • May 12Mikuni Corporation, Annual General Meeting, Jun 26, 2025Mikuni Corporation, Annual General Meeting, Jun 26, 2025.Buy Or Sell Opportunity • Apr 08Now 26% overvaluedOver the last 90 days, the stock has fallen 25% to JP¥252. The fair value is estimated to be JP¥200, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Meanwhile, the company has become profitable.분석 기사 • Apr 07The Return Trends At Mikuni (TSE:7247) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥262, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 10x in the Auto Components industry in Japan. Total loss to shareholders of 21% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).공고 • Mar 05Mikuni Corporation to Report Fiscal Year 2025 Results on May 12, 2025Mikuni Corporation announced that they will report fiscal year 2025 results on May 12, 2025Reported Earnings • Feb 12Third quarter 2025 earnings released: JP¥2.23 loss per share (vs JP¥11.59 profit in 3Q 2024)Third quarter 2025 results: JP¥2.23 loss per share (down from JP¥11.59 profit in 3Q 2024). Revenue: JP¥25.2b (down 2.2% from 3Q 2024). Net loss: JP¥75.0m (down 119% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Declared Dividend • Dec 06First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 82% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.0% EPS decline seen over the last 5 years.공고 • Nov 30Mikuni Corporation to Report Q3, 2025 Results on Feb 10, 2025Mikuni Corporation announced that they will report Q3, 2025 results on Feb 10, 2025분석 기사 • Nov 18Statutory Profit Doesn't Reflect How Good Mikuni's (TSE:7247) Earnings AreThe subdued stock price reaction suggests that Mikuni Corporation's ( TSE:7247 ) strong earnings didn't offer any...Reported Earnings • Nov 13Second quarter 2025 earnings released: JP¥5.08 loss per share (vs JP¥2.02 profit in 2Q 2024)Second quarter 2025 results: JP¥5.08 loss per share (down from JP¥2.02 profit in 2Q 2024). Revenue: JP¥26.0b (up 5.6% from 2Q 2024). Net loss: JP¥171.0m (down 352% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 20Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.5%).Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥6.36 (vs JP¥1.10 in 1Q 2024)First quarter 2025 results: EPS: JP¥6.36 (up from JP¥1.10 in 1Q 2024). Revenue: JP¥24.2b (up 4.2% from 1Q 2024). Net income: JP¥214.0m (up 478% from 1Q 2024). Profit margin: 0.9% (up from 0.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.분석 기사 • Aug 06Is Mikuni (TSE:7247) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.7% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥9.86b market cap, or US$69.2m).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥293, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 8x in the Auto Components industry in Japan. Total returns to shareholders of 1.5% over the past three years.Declared Dividend • Jul 11Final dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 5.2%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time.공고 • Jun 28Mikuni Corporation to Report Q1, 2025 Results on Aug 09, 2024Mikuni Corporation announced that they will report Q1, 2025 results on Aug 09, 2024공고 • May 15Mikuni Corporation, Annual General Meeting, Jun 26, 2024Mikuni Corporation, Annual General Meeting, Jun 26, 2024.Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥33.16 (vs JP¥50.12 loss in FY 2023)Full year 2024 results: EPS: JP¥33.16 (up from JP¥50.12 loss in FY 2023). Revenue: JP¥99.9b (up 6.5% from FY 2023). Net income: JP¥1.12b (up JP¥2.80b from FY 2023). Profit margin: 1.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 8.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.2b market cap, or US$100.0m).공고 • Mar 28Mikuni Corporation to Report Fiscal Year 2024 Results on May 10, 2024Mikuni Corporation announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.6%).분석 기사 • Feb 27Mikuni (TSE:7247) Is Increasing Its Dividend To ¥15.00Mikuni Corporation ( TSE:7247 ) will increase its dividend from last year's comparable payment on the 1st of July to...New Risk • Feb 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.0b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 8.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.0b market cap, or US$99.4m).Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥11.59 (vs JP¥19.99 in 3Q 2023)Third quarter 2024 results: EPS: JP¥11.59 (down from JP¥19.99 in 3Q 2023). Revenue: JP¥25.8b (up 6.7% from 3Q 2023). Net income: JP¥390.0m (down 42% from 3Q 2023). Profit margin: 1.5% (down from 2.8% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.공고 • Dec 01Mikuni Corporation to Report Q3, 2024 Results on Feb 09, 2024Mikuni Corporation announced that they will report Q3, 2024 results on Feb 09, 2024Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥2.02 (vs JP¥13.86 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥2.02 (up from JP¥13.86 loss in 2Q 2023). Revenue: JP¥24.7b (up 2.0% from 2Q 2023). Net income: JP¥68.0m (up JP¥533.0m from 2Q 2023). Profit margin: 0.3% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.New Risk • Oct 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥14.9b market cap, or US$99.6m).Upcoming Dividend • Sep 21Upcoming dividend of JP¥5.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.5%).공고 • Sep 08Mikuni Corporation to Report Q2, 2024 Results on Nov 09, 2023Mikuni Corporation announced that they will report Q2, 2024 results on Nov 09, 2023New Risk • Aug 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.6b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (JP¥14.6b market cap, or US$99.8m).Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥1.10 (vs JP¥3.64 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥1.10 (up from JP¥3.64 loss in 1Q 2023). Revenue: JP¥23.3b (up 13% from 1Q 2023). Net income: JP¥37.0m (up JP¥159.0m from 1Q 2023). Profit margin: 0.2% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.New Risk • Jul 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).공고 • May 28Mikuni Corporation to Report Q1, 2024 Results on Aug 09, 2023Mikuni Corporation announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 17Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: JP¥50.12 loss per share (down from JP¥39.29 profit in FY 2022). Revenue: JP¥93.8b (up 16% from FY 2022). Net loss: JP¥1.68b (down 228% from profit in FY 2022). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.2%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥19.99 (vs JP¥17.67 in 3Q 2022)Third quarter 2023 results: EPS: JP¥19.99 (up from JP¥17.67 in 3Q 2022). Revenue: JP¥24.2b (up 21% from 3Q 2022). Net income: JP¥671.0m (up 13% from 3Q 2022). Profit margin: 2.8% (down from 3.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공고 • Nov 30Mikuni Corporation to Report Q3, 2023 Results on Feb 10, 2023Mikuni Corporation announced that they will report Q3, 2023 results on Feb 10, 2023Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 3 independent directors (9 non-independent directors). Independent Outside Director Masayuki Takashima was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 11Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: JP¥24.2b (up 19% from 2Q 2022). Net loss: JP¥465.0m (down 396% from profit in 2Q 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.1%).공고 • Aug 31Mikuni Corporation to Report Q2, 2023 Results on Nov 09, 2022Mikuni Corporation announced that they will report Q2, 2023 results on Nov 09, 2022Reported Earnings • Aug 11First quarter 2023 earnings released: JP¥3.64 loss per share (vs JP¥17.63 profit in 1Q 2022)First quarter 2023 results: JP¥3.64 loss per share (down from JP¥17.63 profit in 1Q 2022). Revenue: JP¥20.6b (up 7.6% from 1Q 2022). Net loss: JP¥122.0m (down 121% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공고 • Aug 10Mikuni Corporation to Report Q1, 2023 Results on Aug 09, 2022Mikuni Corporation announced that they will report Q1, 2023 results on Aug 09, 2022Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥39.29 (vs JP¥3.72 loss in FY 2021)Full year 2022 results: EPS: JP¥39.29 (up from JP¥3.72 loss in FY 2021). Revenue: JP¥80.8b (down 7.1% from FY 2021). Net income: JP¥1.32b (up JP¥1.44b from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • May 14Mikuni Corporation, Annual General Meeting, Jun 28, 2022Mikuni Corporation, Annual General Meeting, Jun 28, 2022.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 3 independent directors (9 non-independent directors). Independent Outside Director Masayuki Takashima was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Apr 08Mikuni Corporation to Report Fiscal Year 2022 Results on May 12, 2022Mikuni Corporation announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.0%).Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥17.67 (up from JP¥1.73 in 3Q 2021). Revenue: JP¥20.0b (down 13% from 3Q 2021). Net income: JP¥593.0m (up JP¥535.0m from 3Q 2021). Profit margin: 3.0% (up from 0.3% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.1%, compared to a 9.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥372, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Auto Components industry in Japan. Total loss to shareholders of 20% over the past three years.Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥4.68 (vs JP¥31.29 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥20.4b (up 11% from 2Q 2021). Net income: JP¥157.0m (up JP¥1.21b from 2Q 2021). Profit margin: 0.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥17.63 (vs JP¥20.11 loss in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥19.2b (down 2.2% from 1Q 2021). Net income: JP¥591.0m (up JP¥1.27b from 1Q 2021). Profit margin: 3.1% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Reported Earnings • May 14Full year 2021 earnings released: JP¥3.72 loss per share (vs JP¥119 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: JP¥87.0b (down 21% from FY 2020). Net loss: JP¥125.0m (loss narrowed 97% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Mar 23Inaugural dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. The company last paid an ordinary dividend in July 2020. The average dividend yield among industry peers is 1.9%.Is New 90 Day High Low • Mar 16New 90-day high: JP¥309The company is up 5.0% from a price of JP¥293 on 16 December 2020. Underperformed the Japanese market, which is up 10.0% over the last 90 days. Lagged the Auto Components industry, which is up 21% over the same period.공고 • Mar 04Mikuni Corporation to Report Fiscal Year 2021 Results on May 12, 2021Mikuni Corporation announced that they will report fiscal year 2021 results on May 12, 2021Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥1.73 (vs JP¥11.91 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥22.8b (down 15% from 3Q 2020). Net income: JP¥58.0m (down 86% from 3Q 2020). Profit margin: 0.3% (down from 1.5% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Dec 04New 90-day high: JP¥324The company is up 24% from its price of JP¥261 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 12% over the same period.Price Target Changed • Dec 01Price target raised to JP¥300Up from JP¥278, the current price target is provided by 1 analyst. The new target price is 9.1% above the current share price of JP¥275. As of last close, the stock is down 20% over the past year.공고 • Nov 29Mikuni Corporation to Report Q3, 2021 Results on Feb 10, 2021Mikuni Corporation announced that they will report Q3, 2021 results on Feb 10, 2021공고 • Oct 10Mikuni Corporation to Report Q2, 2021 Results on Nov 09, 2020Mikuni Corporation announced that they will report Q2, 2021 results on Nov 09, 2020공고 • Sep 21Mikuni Corporation(TSE:7247) dropped from S&P Global BMI IndexMikuni Corporation(TSE:7247) dropped from S&P Global BMI Index공고 • Jul 05Mikuni Corporation to Report Fiscal Year 2020 Results on Jun 17, 2020Mikuni Corporation announced that they will report fiscal year 2020 results on Jun 17, 2020예정된 배당 지급오늘Aug 22 2026배당락일Sep 29 2026배당 지급일Dec 07 202669 days (배당락일 기준)다음 배당금을 받으려면 앞으로 37 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 7247 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 7247 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Mikuni 배당 수익률 vs 시장7247의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (7247)4.0%시장 하위 25% (JP)1.8%시장 상위 25% (JP)3.7%업계 평균 (Auto Components)3.0%분석가 예측 (7247) (최대 3년)n/a주목할만한 배당금: 7247 의 배당금( 4.04% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.8% )보다 높습니다.고배당: 7247 의 배당금( 4.04% )은 JP 시장( 3.74% )주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 46.3% )로 7247 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 8.4% )이 낮기 때문에 7247 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/22 23:16종가2026/08/21 00:00수익2026/06/30연간 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Mikuni Corporation는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ken IrisawaMarusan Securities Co. Ltd.Seiji SugiuraTokai Tokyo Intelligence Laboratory Co., Ltd.
Declared Dividend • Jul 25Final dividend of JP¥7.00 announcedShareholders will receive a dividend of JP¥7.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
Declared Dividend • Dec 06First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 44% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.0%).
Declared Dividend • Jul 09Final dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 47% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).
Reported Earnings • Aug 10First quarter 2027 earnings released: EPS: JP¥17.16 (vs JP¥22.48 in 1Q 2026)First quarter 2027 results: EPS: JP¥17.16 (down from JP¥22.48 in 1Q 2026). Revenue: JP¥27.0b (up 9.8% from 1Q 2026). Net income: JP¥577.0m (down 24% from 1Q 2026). Profit margin: 2.1% (down from 3.1% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 25Final dividend of JP¥7.00 announcedShareholders will receive a dividend of JP¥7.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Board Change • Jul 21Less 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. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Masumi Shiraishi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Jun 03Mikuni Corporation to Report Q1, 2027 Results on Aug 07, 2026Mikuni Corporation announced that they will report Q1, 2027 results on Aug 07, 2026
Reported Earnings • May 30Full year 2026 earnings released: EPS: JP¥35.57 (vs JP¥59.26 in FY 2025)Full year 2026 results: EPS: JP¥35.57 (down from JP¥59.26 in FY 2025). Revenue: JP¥103.4b (up 2.0% from FY 2025). Net income: JP¥1.20b (down 40% from FY 2025). Profit margin: 1.2% (down from 2.0% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • May 29Mikuni Corporation, Annual General Meeting, Jun 26, 2026Mikuni Corporation, Annual General Meeting, Jun 26, 2026.
공고 • May 10Mikuni Corporation to Report Fiscal Year 2026 Results on May 11, 2026Mikuni Corporation announced that they will report fiscal year 2026 results on May 11, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥13.20 (vs JP¥2.23 loss in 3Q 2025)Third quarter 2026 results: EPS: JP¥13.20 (up from JP¥2.23 loss in 3Q 2025). Revenue: JP¥26.1b (up 3.7% from 3Q 2025). Net income: JP¥444.0m (up JP¥519.0m from 3Q 2025). Profit margin: 1.7% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Dec 06First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 44% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공고 • Dec 02Mikuni Corporation to Report Q3, 2026 Results on Feb 09, 2026Mikuni Corporation announced that they will report Q3, 2026 results on Feb 09, 2026
분석 기사 • Nov 19Mikuni's (TSE:7247) Profits May Not Reveal Underlying IssuesThe market shrugged off Mikuni Corporation's ( TSE:7247 ) solid earnings report. Our analysis showed that there are...
분석 기사 • Nov 17Returns Are Gaining Momentum At Mikuni (TSE:7247)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥4.19 (vs JP¥5.08 loss in 2Q 2025)Second quarter 2026 results: EPS: JP¥4.19 (up from JP¥5.08 loss in 2Q 2025). Revenue: JP¥24.8b (down 4.8% from 2Q 2025). Net income: JP¥141.0m (up JP¥312.0m from 2Q 2025). Profit margin: 0.6% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.0%).
공고 • Sep 14Mikuni Corporation to Report Q2, 2026 Results on Nov 10, 2025Mikuni Corporation announced that they will report Q2, 2026 results on Nov 10, 2025
분석 기사 • Aug 19Mikuni Corporation (TSE:7247) Soars 25% But It's A Story Of Risk Vs RewardThe Mikuni Corporation ( TSE:7247 ) share price has done very well over the last month, posting an excellent gain of...
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥351, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 20% over the past three years.
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥21.91 (vs JP¥6.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥21.91 (up from JP¥6.36 in 1Q 2025). Revenue: JP¥24.6b (up 1.4% from 1Q 2025). Net income: JP¥738.0m (up 245% from 1Q 2025). Profit margin: 3.0% (up from 0.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 09Final dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 47% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공고 • May 31Mikuni Corporation to Report Q1, 2026 Results on Aug 08, 2025Mikuni Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
분석 기사 • May 20Mikuni's (TSE:7247) Promising Earnings May Rest On Soft FoundationsMikuni Corporation's ( TSE:7247 ) robust earnings report didn't manage to move the market for its stock. We did some...
Reported Earnings • May 13Full year 2025 earnings released: EPS: JP¥64.25 (vs JP¥33.16 in FY 2024)Full year 2025 results: EPS: JP¥64.25 (up from JP¥33.16 in FY 2024). Revenue: JP¥101.4b (up 1.5% from FY 2024). Net income: JP¥2.16b (up 94% from FY 2024). Profit margin: 2.1% (up from 1.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공고 • May 12Mikuni Corporation, Annual General Meeting, Jun 26, 2025Mikuni Corporation, Annual General Meeting, Jun 26, 2025.
Buy Or Sell Opportunity • Apr 08Now 26% overvaluedOver the last 90 days, the stock has fallen 25% to JP¥252. The fair value is estimated to be JP¥200, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Meanwhile, the company has become profitable.
분석 기사 • Apr 07The Return Trends At Mikuni (TSE:7247) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥262, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 10x in the Auto Components industry in Japan. Total loss to shareholders of 21% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).
공고 • Mar 05Mikuni Corporation to Report Fiscal Year 2025 Results on May 12, 2025Mikuni Corporation announced that they will report fiscal year 2025 results on May 12, 2025
Reported Earnings • Feb 12Third quarter 2025 earnings released: JP¥2.23 loss per share (vs JP¥11.59 profit in 3Q 2024)Third quarter 2025 results: JP¥2.23 loss per share (down from JP¥11.59 profit in 3Q 2024). Revenue: JP¥25.2b (down 2.2% from 3Q 2024). Net loss: JP¥75.0m (down 119% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Declared Dividend • Dec 06First half dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 82% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.0% EPS decline seen over the last 5 years.
공고 • Nov 30Mikuni Corporation to Report Q3, 2025 Results on Feb 10, 2025Mikuni Corporation announced that they will report Q3, 2025 results on Feb 10, 2025
분석 기사 • Nov 18Statutory Profit Doesn't Reflect How Good Mikuni's (TSE:7247) Earnings AreThe subdued stock price reaction suggests that Mikuni Corporation's ( TSE:7247 ) strong earnings didn't offer any...
Reported Earnings • Nov 13Second quarter 2025 earnings released: JP¥5.08 loss per share (vs JP¥2.02 profit in 2Q 2024)Second quarter 2025 results: JP¥5.08 loss per share (down from JP¥2.02 profit in 2Q 2024). Revenue: JP¥26.0b (up 5.6% from 2Q 2024). Net loss: JP¥171.0m (down 352% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.5%).
Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥6.36 (vs JP¥1.10 in 1Q 2024)First quarter 2025 results: EPS: JP¥6.36 (up from JP¥1.10 in 1Q 2024). Revenue: JP¥24.2b (up 4.2% from 1Q 2024). Net income: JP¥214.0m (up 478% from 1Q 2024). Profit margin: 0.9% (up from 0.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
분석 기사 • Aug 06Is Mikuni (TSE:7247) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.7% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥9.86b market cap, or US$69.2m).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥293, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 8x in the Auto Components industry in Japan. Total returns to shareholders of 1.5% over the past three years.
Declared Dividend • Jul 11Final dividend of JP¥6.00 announcedShareholders will receive a dividend of JP¥6.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 5.2%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time.
공고 • Jun 28Mikuni Corporation to Report Q1, 2025 Results on Aug 09, 2024Mikuni Corporation announced that they will report Q1, 2025 results on Aug 09, 2024
공고 • May 15Mikuni Corporation, Annual General Meeting, Jun 26, 2024Mikuni Corporation, Annual General Meeting, Jun 26, 2024.
Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥33.16 (vs JP¥50.12 loss in FY 2023)Full year 2024 results: EPS: JP¥33.16 (up from JP¥50.12 loss in FY 2023). Revenue: JP¥99.9b (up 6.5% from FY 2023). Net income: JP¥1.12b (up JP¥2.80b from FY 2023). Profit margin: 1.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 8.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.2b market cap, or US$100.0m).
공고 • Mar 28Mikuni Corporation to Report Fiscal Year 2024 Results on May 10, 2024Mikuni Corporation announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.6%).
분석 기사 • Feb 27Mikuni (TSE:7247) Is Increasing Its Dividend To ¥15.00Mikuni Corporation ( TSE:7247 ) will increase its dividend from last year's comparable payment on the 1st of July to...
New Risk • Feb 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.0b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 8.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.0b market cap, or US$99.4m).
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥11.59 (vs JP¥19.99 in 3Q 2023)Third quarter 2024 results: EPS: JP¥11.59 (down from JP¥19.99 in 3Q 2023). Revenue: JP¥25.8b (up 6.7% from 3Q 2023). Net income: JP¥390.0m (down 42% from 3Q 2023). Profit margin: 1.5% (down from 2.8% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
공고 • Dec 01Mikuni Corporation to Report Q3, 2024 Results on Feb 09, 2024Mikuni Corporation announced that they will report Q3, 2024 results on Feb 09, 2024
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥2.02 (vs JP¥13.86 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥2.02 (up from JP¥13.86 loss in 2Q 2023). Revenue: JP¥24.7b (up 2.0% from 2Q 2023). Net income: JP¥68.0m (up JP¥533.0m from 2Q 2023). Profit margin: 0.3% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥14.9b market cap, or US$99.6m).
Upcoming Dividend • Sep 21Upcoming dividend of JP¥5.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.5%).
공고 • Sep 08Mikuni Corporation to Report Q2, 2024 Results on Nov 09, 2023Mikuni Corporation announced that they will report Q2, 2024 results on Nov 09, 2023
New Risk • Aug 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.6b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (JP¥14.6b market cap, or US$99.8m).
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥1.10 (vs JP¥3.64 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥1.10 (up from JP¥3.64 loss in 1Q 2023). Revenue: JP¥23.3b (up 13% from 1Q 2023). Net income: JP¥37.0m (up JP¥159.0m from 1Q 2023). Profit margin: 0.2% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).
공고 • May 28Mikuni Corporation to Report Q1, 2024 Results on Aug 09, 2023Mikuni Corporation announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 17Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: JP¥50.12 loss per share (down from JP¥39.29 profit in FY 2022). Revenue: JP¥93.8b (up 16% from FY 2022). Net loss: JP¥1.68b (down 228% from profit in FY 2022). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.2%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥19.99 (vs JP¥17.67 in 3Q 2022)Third quarter 2023 results: EPS: JP¥19.99 (up from JP¥17.67 in 3Q 2022). Revenue: JP¥24.2b (up 21% from 3Q 2022). Net income: JP¥671.0m (up 13% from 3Q 2022). Profit margin: 2.8% (down from 3.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공고 • Nov 30Mikuni Corporation to Report Q3, 2023 Results on Feb 10, 2023Mikuni Corporation announced that they will report Q3, 2023 results on Feb 10, 2023
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 3 independent directors (9 non-independent directors). Independent Outside Director Masayuki Takashima was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 11Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: JP¥24.2b (up 19% from 2Q 2022). Net loss: JP¥465.0m (down 396% from profit in 2Q 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.1%).
공고 • Aug 31Mikuni Corporation to Report Q2, 2023 Results on Nov 09, 2022Mikuni Corporation announced that they will report Q2, 2023 results on Nov 09, 2022
Reported Earnings • Aug 11First quarter 2023 earnings released: JP¥3.64 loss per share (vs JP¥17.63 profit in 1Q 2022)First quarter 2023 results: JP¥3.64 loss per share (down from JP¥17.63 profit in 1Q 2022). Revenue: JP¥20.6b (up 7.6% from 1Q 2022). Net loss: JP¥122.0m (down 121% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공고 • Aug 10Mikuni Corporation to Report Q1, 2023 Results on Aug 09, 2022Mikuni Corporation announced that they will report Q1, 2023 results on Aug 09, 2022
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥39.29 (vs JP¥3.72 loss in FY 2021)Full year 2022 results: EPS: JP¥39.29 (up from JP¥3.72 loss in FY 2021). Revenue: JP¥80.8b (down 7.1% from FY 2021). Net income: JP¥1.32b (up JP¥1.44b from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • May 14Mikuni Corporation, Annual General Meeting, Jun 28, 2022Mikuni Corporation, Annual General Meeting, Jun 28, 2022.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 3 independent directors (9 non-independent directors). Independent Outside Director Masayuki Takashima was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Apr 08Mikuni Corporation to Report Fiscal Year 2022 Results on May 12, 2022Mikuni Corporation announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.0%).
Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥17.67 (up from JP¥1.73 in 3Q 2021). Revenue: JP¥20.0b (down 13% from 3Q 2021). Net income: JP¥593.0m (up JP¥535.0m from 3Q 2021). Profit margin: 3.0% (up from 0.3% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.1%, compared to a 9.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥372, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Auto Components industry in Japan. Total loss to shareholders of 20% over the past three years.
Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥4.68 (vs JP¥31.29 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥20.4b (up 11% from 2Q 2021). Net income: JP¥157.0m (up JP¥1.21b from 2Q 2021). Profit margin: 0.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥17.63 (vs JP¥20.11 loss in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥19.2b (down 2.2% from 1Q 2021). Net income: JP¥591.0m (up JP¥1.27b from 1Q 2021). Profit margin: 3.1% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 14Full year 2021 earnings released: JP¥3.72 loss per share (vs JP¥119 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: JP¥87.0b (down 21% from FY 2020). Net loss: JP¥125.0m (loss narrowed 97% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Mar 23Inaugural dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. The company last paid an ordinary dividend in July 2020. The average dividend yield among industry peers is 1.9%.
Is New 90 Day High Low • Mar 16New 90-day high: JP¥309The company is up 5.0% from a price of JP¥293 on 16 December 2020. Underperformed the Japanese market, which is up 10.0% over the last 90 days. Lagged the Auto Components industry, which is up 21% over the same period.
공고 • Mar 04Mikuni Corporation to Report Fiscal Year 2021 Results on May 12, 2021Mikuni Corporation announced that they will report fiscal year 2021 results on May 12, 2021
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥1.73 (vs JP¥11.91 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥22.8b (down 15% from 3Q 2020). Net income: JP¥58.0m (down 86% from 3Q 2020). Profit margin: 0.3% (down from 1.5% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Dec 04New 90-day high: JP¥324The company is up 24% from its price of JP¥261 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 12% over the same period.
Price Target Changed • Dec 01Price target raised to JP¥300Up from JP¥278, the current price target is provided by 1 analyst. The new target price is 9.1% above the current share price of JP¥275. As of last close, the stock is down 20% over the past year.
공고 • Nov 29Mikuni Corporation to Report Q3, 2021 Results on Feb 10, 2021Mikuni Corporation announced that they will report Q3, 2021 results on Feb 10, 2021
공고 • Oct 10Mikuni Corporation to Report Q2, 2021 Results on Nov 09, 2020Mikuni Corporation announced that they will report Q2, 2021 results on Nov 09, 2020
공고 • Sep 21Mikuni Corporation(TSE:7247) dropped from S&P Global BMI IndexMikuni Corporation(TSE:7247) dropped from S&P Global BMI Index
공고 • Jul 05Mikuni Corporation to Report Fiscal Year 2020 Results on Jun 17, 2020Mikuni Corporation announced that they will report fiscal year 2020 results on Jun 17, 2020