View ValuationMax 향후 성장Future 기준 점검 2/6Max (는) 각각 연간 8.8% 및 4.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 10.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 14.6% 로 예상됩니다.핵심 정보8.8%이익 성장률10.43%EPS 성장률Machinery 이익 성장10.0%매출 성장률4.7%향후 자기자본이익률14.60%애널리스트 커버리지Low마지막 업데이트01 May 2026최근 향후 성장 업데이트공시 • Jan 30Max Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Max Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company expects net sales to be JPY 97,700 million, Operating profit of JPY 17,200 million, Profit attributable to owners of parent of JPY 13,200 million and Net income per share of JPY 290.96.공시 • Nov 08Max Co., Ltd. Provides Consolidated Earnings Guidance for the Full Fiscal Year Ending March 31, 2025Max Co., Ltd. provided consolidated earnings guidance for the full fiscal year ending March 31, 2025. For the period, the company expects net sales to be JPY 90,300 million, operating profit of JPY 13,600 million, net profit attributable to shareholders of parent company of JPY 10,360 million and net profit per share of JPY 222.67.공시 • Feb 13+ 1 more updateMax Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2024Max Co., Ltd. revised earnings guidance for the fiscal year ending March 31, 2024. For the period, the company now expects net sales of ¥87,000 million against previous guidance of ¥87,000 million; Operating income of ¥12,300 million against previous guidance of ¥12,300 million; Net income attributable to shareholders of parental company of ¥9,600 million or ¥204.74 per share against previous guidance of ¥9,380 million or ¥199.53 per share.Major Estimate Revision • Sep 01Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥78.9b to JP¥84.5b. EPS estimate increased from JP¥138 to JP¥155 per share. Net income forecast to grow 8.7% next year vs 8.7% growth forecast for Machinery industry in Japan. Consensus price target up from JP¥2,100 to JP¥2,440. Share price was steady at JP¥2,008 over the past week.Price Target Changed • Jul 30Price target decreased to JP¥2,100Down from JP¥2,270, the current price target is provided by 1 analyst. New target price is 24% above last closing price of JP¥1,698. Stock is down 9.8% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥128 last year.Price Target Changed • Jan 05Price target increased to JP¥2,290Up from JP¥2,130, the current price target is provided by 1 analyst. New target price is 18% above last closing price of JP¥1,948. Stock is up 36% over the past year. The company is forecast to post earnings per share of JP¥122 for next year compared to JP¥106 last year.모든 업데이트 보기Recent updatesReported Earnings • May 01Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥306 (up from JP¥60.45 in FY 2025). Revenue: JP¥99.6b (up 8.5% from FY 2025). Net income: JP¥13.9b (up 24% from FY 2025). Profit margin: 14% (up from 12% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.공시 • Apr 30Max Co., Ltd., Annual General Meeting, Jun 29, 2026Max Co., Ltd., Annual General Meeting, Jun 29, 2026.공시 • Mar 27Max Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Max Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥144 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥80.26 (vs JP¥78.58 in 3Q 2025)Third quarter 2026 results: EPS: JP¥80.26. Revenue: JP¥25.6b (up 6.2% from 3Q 2025). Net income: JP¥3.61b (down 1.1% from 3Q 2025). Profit margin: 14% (down from 15% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in Japan.분석 기사 • Jan 30Max (TSE:6454) Has Announced That It Will Be Increasing Its Dividend To ¥132.00Max Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...공시 • Jan 30Max Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Max Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company expects net sales to be JPY 97,700 million, Operating profit of JPY 17,200 million, Profit attributable to owners of parent of JPY 13,200 million and Net income per share of JPY 290.96.분석 기사 • Jan 08Max's (TSE:6454) Upcoming Dividend Will Be Larger Than Last Year'sMax Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...Declared Dividend • Jan 08Dividend of JP¥132 announcedShareholders will receive a dividend of JP¥132. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 07Max Co., Ltd. announces Annual dividend, payable on June 25, 2026Max Co., Ltd. announced Annual dividend of JPY 132.0000 per share payable on June 25, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.공시 • Dec 18Max Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Max Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026분석 기사 • Dec 05Max (TSE:6454) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Nov 19Max Co., Ltd.'s (TSE:6454) Price Is Out Of Tune With EarningsMax Co., Ltd.'s ( TSE:6454 ) price-to-earnings (or "P/E") ratio of 21.6x might make it look like a strong sell right...Reported Earnings • Nov 01Second quarter 2026 earnings released: EPS: JP¥81.08 (vs JP¥45.42 in 2Q 2025)Second quarter 2026 results: EPS: JP¥81.08 (up from JP¥45.42 in 2Q 2025). Revenue: JP¥24.4b (up 9.7% from 2Q 2025). Net income: JP¥3.69b (up 75% from 2Q 2025). Profit margin: 15% (up from 9.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 27Max Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025Max Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥78.26 (vs JP¥71.80 in 1Q 2025)First quarter 2026 results: EPS: JP¥78.26 (up from JP¥71.80 in 1Q 2025). Revenue: JP¥24.2b (up 7.3% from 1Q 2025). Net income: JP¥3.60b (up 7.6% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 31Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 1,000,000 shares, representing 2.18% for ¥5,500 million.Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.29% of its issued share capital, for ¥5,500 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program is valid till December 31, 2025. As of June 30, 2025, there are 45,938,965 outstanding shares (excluding treasury stock) and 598,461 treasury shares.분석 기사 • Jul 15These 4 Measures Indicate That Max (TSE:6454) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Jun 29Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥242 (up from JP¥223 in FY 2024). Revenue: JP¥91.8b (up 6.0% from FY 2024). Net income: JP¥11.2b (up 7.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.2%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jun 24Max Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Max Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025분석 기사 • Jun 14Max (TSE:6454) Is Experiencing Growth In Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • May 01Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥242 (up from JP¥223 in FY 2024). Revenue: JP¥91.8b (up 6.0% from FY 2024). Net income: JP¥11.2b (up 7.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.2%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 30Max Co., Ltd., Annual General Meeting, Jun 24, 2025Max Co., Ltd., Annual General Meeting, Jun 24, 2025.분석 기사 • Apr 15Is Max (TSE:6454) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Upcoming Dividend • Mar 21Upcoming dividend of JP¥112 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).분석 기사 • Mar 16Max's (TSE:6454) Shareholders Will Receive A Bigger Dividend Than Last YearMax Co., Ltd.'s ( TSE:6454 ) dividend will be increasing from last year's payment of the same period to ¥112.00 on 27th...공시 • Mar 15Max Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025Max Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025분석 기사 • Feb 05Optimistic Investors Push Max Co., Ltd. (TSE:6454) Shares Up 28% But Growth Is LackingMax Co., Ltd. ( TSE:6454 ) shareholders have had their patience rewarded with a 28% share price jump in the last month...분석 기사 • Feb 04Max's (TSE:6454) Dividend Will Be Increased To ¥112.00Max Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥78.58 (vs JP¥51.39 in 3Q 2024)Third quarter 2025 results: EPS: JP¥78.58 (up from JP¥51.39 in 3Q 2024). Revenue: JP¥24.1b (up 7.7% from 3Q 2024). Net income: JP¥3.66b (up 52% from 3Q 2024). Profit margin: 15% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jan 06Max (TSE:6454) Is Increasing Its Dividend To ¥108.00Max Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...Declared Dividend • Jan 06Dividend of JP¥108 announcedShareholders will receive a dividend of JP¥108. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 03Max Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Max Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025공시 • Nov 21Max Co., Ltd. has filed a Follow-on Equity Offering.Max Co., Ltd. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 1,250,000공시 • Nov 19Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 600,000 shares, representing 1.29% for ¥2,400 million.Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.29% of its issued share capital, for ¥ 2,400 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, as well as from the perspective of mitigating the impact on the supply and demand of the company's shares resulting from the secondary offering. The program is valid till April 30, 2025. As of September 30, 2024, there are 46,529,437 outstanding shares (excluding treasury stock) and 1,007,989 treasury shares.공시 • Nov 08Max Co., Ltd. Provides Consolidated Earnings Guidance for the Full Fiscal Year Ending March 31, 2025Max Co., Ltd. provided consolidated earnings guidance for the full fiscal year ending March 31, 2025. For the period, the company expects net sales to be JPY 90,300 million, operating profit of JPY 13,600 million, net profit attributable to shareholders of parent company of JPY 10,360 million and net profit per share of JPY 222.67.Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥45.42 (vs JP¥56.80 in 2Q 2024)Second quarter 2025 results: EPS: JP¥45.42 (down from JP¥56.80 in 2Q 2024). Revenue: JP¥22.3b (up 2.6% from 2Q 2024). Net income: JP¥2.11b (down 21% from 2Q 2024). Profit margin: 9.5% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year.분석 기사 • Oct 03Max (TSE:6454) Is Doing The Right Things To Multiply Its Share PriceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...공시 • Sep 26Max Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024Max Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥71.80 (vs JP¥61.69 in 1Q 2024)First quarter 2025 results: EPS: JP¥71.80 (up from JP¥61.69 in 1Q 2024). Revenue: JP¥22.6b (up 6.5% from 1Q 2024). Net income: JP¥3.34b (up 14% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 22% per year.분석 기사 • Jul 24There's Reason For Concern Over Max Co., Ltd.'s (TSE:6454) PriceWith a median price-to-earnings (or "P/E") ratio of close to 14x in Japan, you could be forgiven for feeling...공시 • Jun 17Max Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Max Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024분석 기사 • Jun 14Max (TSE:6454) Shareholders Will Want The ROCE Trajectory To ContinueIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...분석 기사 • May 22Max (TSE:6454) Has A Rock Solid Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...공시 • May 15+ 2 more updatesMAX Co., Ltd. Announces Change in Dividend PolicyMAX Co., Ltd. announced that the Board of Directors has resolved at a meeting held on April 26, 2024 to change dividend policy. Reasons for the Revision: The Company has positioned returning profits to shareholders as one of the highest priority management policies. The company's basic policy on profit distribution is "expand profits from business activities through sustainable growth and distribute profits in a stable manner over the long term." and its dividend policy is based on basic policy. While keeping this basic policy as a premise, the company have changed its dividend policy in light of its current financial situation, improvement in business profitability, and the level of the ratio of dividends to net assets. Details of Change: Former Dividend Policy: Maintain a minimum of 3.5% ratio of dividends to net assets with a target payout ratio of 50%, as based on consolidated financial results. New Dividend Policy (changed from Fiscal Year 2024): Guideline of a ratio of dividends to net assets of 5.0% and a dividend payout ratio of 50%, as based on consolidated financial results. Effective from dividends for the fiscal year ending March 31, 2025.Reported Earnings • May 01Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥224 (up from JP¥161 in FY 2023). Revenue: JP¥86.6b (up 2.8% from FY 2023). Net income: JP¥10.5b (up 38% from FY 2023). Profit margin: 12% (up from 9.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 29% per year.공시 • Apr 29Max Co., Ltd., Annual General Meeting, Jun 26, 2024Max Co., Ltd., Annual General Meeting, Jun 26, 2024.분석 기사 • Mar 22Max's (TSE:6454) Dividend Will Be Increased To ¥98.00Max Co., Ltd. ( TSE:6454 ) will increase its dividend from last year's comparable payment on the 1st of July to ¥98.00...공시 • Mar 21Max Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024Max Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥98.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).분석 기사 • Feb 27Max (TSE:6454) Will Pay A Larger Dividend Than Last Year At ¥98.00Max Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...공시 • Feb 13+ 1 more updateMax Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2024Max Co., Ltd. revised earnings guidance for the fiscal year ending March 31, 2024. For the period, the company now expects net sales of ¥87,000 million against previous guidance of ¥87,000 million; Operating income of ¥12,300 million against previous guidance of ¥12,300 million; Net income attributable to shareholders of parental company of ¥9,600 million or ¥204.74 per share against previous guidance of ¥9,380 million or ¥199.53 per share.Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥51.39 (vs JP¥36.83 in 3Q 2023)Third quarter 2024 results: EPS: JP¥51.39 (up from JP¥36.83 in 3Q 2023). Revenue: JP¥22.4b (up 2.3% from 3Q 2023). Net income: JP¥2.40b (up 38% from 3Q 2023). Profit margin: 11% (up from 7.9% in 3Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 26% per year.공시 • Dec 13Max Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Max Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024공시 • Dec 12Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 500,000 shares, representing 1.07% for ¥1,490.5 million.Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.07% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,490.50 million. The shares will be repurchased at a price of ¥2,981 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of September 30, 2023, the company has 46,829,381 issued shares (excluding treasury stock) and 708,045 treasury shares.Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥56.80 (vs JP¥40.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥56.80 (up from JP¥40.36 in 2Q 2023). Revenue: JP¥21.7b (flat on 2Q 2023). Net income: JP¥2.67b (up 40% from 2Q 2023). Profit margin: 12% (up from 8.8% in 2Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.공시 • Sep 27Max Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Max Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥61.69 (vs JP¥46.93 in 1Q 2023)First quarter 2024 results: EPS: JP¥61.69 (up from JP¥46.93 in 1Q 2023). Revenue: JP¥21.2b (up 4.2% from 1Q 2023). Net income: JP¥2.92b (up 31% from 1Q 2023). Profit margin: 14% (up from 11% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.공시 • Jun 28Max Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Max Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • Apr 29Full year 2023 earnings released: EPS: JP¥161 (vs JP¥128 in FY 2022)Full year 2023 results: EPS: JP¥161 (up from JP¥128 in FY 2022). Revenue: JP¥84.3b (up 14% from FY 2022). Net income: JP¥7.62b (up 25% from FY 2022). Profit margin: 9.0% (up from 8.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥74.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 40% and the cash payout ratio is 88%. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%).Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥36.83 (vs JP¥31.82 in 3Q 2022)Third quarter 2023 results: EPS: JP¥36.83 (up from JP¥31.82 in 3Q 2022). Revenue: JP¥21.9b (up 16% from 3Q 2022). Net income: JP¥1.74b (up 16% from 3Q 2022). Profit margin: 7.9% (down from 8.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Dec 28Max Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Max Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥40.36 (vs JP¥31.83 in 2Q 2022)Second quarter 2023 results: EPS: JP¥40.36 (up from JP¥31.83 in 2Q 2022). Revenue: JP¥21.6b (up 18% from 2Q 2022). Net income: JP¥1.91b (up 26% from 2Q 2022). Profit margin: 8.8% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.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. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent External Director Asaka Kanda was the last independent director to join the board, commencing their role in 2018. 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 • Oct 30Second quarter 2023 earnings released: EPS: JP¥40.36 (vs JP¥31.83 in 2Q 2022)Second quarter 2023 results: EPS: JP¥40.36 (up from JP¥31.83 in 2Q 2022). Revenue: JP¥21.6b (up 18% from 2Q 2022). Net income: JP¥1.91b (up 26% from 2Q 2022). Profit margin: 8.8% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • Sep 24Max Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022Max Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022Major Estimate Revision • Sep 01Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥78.9b to JP¥84.5b. EPS estimate increased from JP¥138 to JP¥155 per share. Net income forecast to grow 8.7% next year vs 8.7% growth forecast for Machinery industry in Japan. Consensus price target up from JP¥2,100 to JP¥2,440. Share price was steady at JP¥2,008 over the past week.Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥46.93 (vs JP¥27.73 in 1Q 2022)First quarter 2023 results: EPS: JP¥46.93 (up from JP¥27.73 in 1Q 2022). Revenue: JP¥20.3b (up 19% from 1Q 2022). Net income: JP¥2.22b (up 68% from 1Q 2022). Profit margin: 11% (up from 7.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6%, compared to a 10.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Price Target Changed • Jul 30Price target decreased to JP¥2,100Down from JP¥2,270, the current price target is provided by 1 analyst. New target price is 24% above last closing price of JP¥1,698. Stock is down 9.8% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥128 last year.공시 • Jun 24Max Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Max Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022공시 • May 02Max Co., Ltd., Annual General Meeting, Jun 29, 2022Max Co., Ltd., Annual General Meeting, Jun 29, 2022.Reported Earnings • Apr 30Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥128 (up from JP¥106 in FY 2021). Revenue: JP¥74.0b (up 16% from FY 2021). Net income: JP¥6.09b (up 18% from FY 2021). Profit margin: 8.2% (up from 8.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 7.0%, compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.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. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent External Director Asaka Kanda was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 08Max Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022Max Co., Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%).Reported Earnings • Feb 02Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥31.82 (up from JP¥25.19 in 3Q 2021). Revenue: JP¥18.9b (up 14% from 3Q 2021). Net income: JP¥1.51b (up 22% from 3Q 2021). Profit margin: 8.0% (up from 7.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 9.4%. Over the next year, revenue is forecast to grow 6.5%, compared to a 9.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.Price Target Changed • Jan 05Price target increased to JP¥2,290Up from JP¥2,130, the current price target is provided by 1 analyst. New target price is 18% above last closing price of JP¥1,948. Stock is up 36% over the past year. The company is forecast to post earnings per share of JP¥122 for next year compared to JP¥106 last year.공시 • Aug 18Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 400,000 shares, representing 0.84% for ¥742.8 million.Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 0.84% of the outstanding shares, at ¥1,857 per share for ¥742.8 million. The purpose of the program is to enhance capital efficiency and to improve shareholder returns. The program will expire on August 18, 2021. As of June 30, 2021, the company had 47,702,855 shares outstanding and 234,571 shares in treasury.Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥27.73 (vs JP¥22.41 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥17.2b (up 18% from 1Q 2021). Net income: JP¥1.32b (up 21% from 1Q 2021). Profit margin: 7.7% (up from 7.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year.Price Target Changed • Jun 17Price target increased to JP¥2,130Up from JP¥1,900, the current price target is provided by 1 analyst. New target price is 22% above last closing price of JP¥1,747. Stock is up 9.0% over the past year.Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥106 (vs JP¥113 in FY 2020)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥64.0b (down 8.1% from FY 2020). Net income: JP¥5.15b (down 6.5% from FY 2020). Profit margin: 8.0% (up from 7.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).공시 • Mar 05Max Co., Ltd. to Report Fiscal Year 2021 Results on Apr 28, 2021Max Co., Ltd. announced that they will report fiscal year 2021 results on Apr 28, 2021Is New 90 Day High Low • Mar 05New 90-day high: JP¥1,644The company is up 14% from its price of JP¥1,438 on 04 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period.Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥25.19 (vs JP¥31.10 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥16.6b (down 4.8% from 3Q 2020). Net income: JP¥1.23b (down 19% from 3Q 2020). Profit margin: 7.4% (down from 8.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.Is New 90 Day High Low • Feb 01New 90-day high: JP¥1,601The company is up 9.0% from its price of JP¥1,472 on 02 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period.Price Target Changed • Dec 25Price target lowered to JP¥1,970Down from JP¥2,120, the current price target is provided by 1 analyst. The new target price is 38% above the current share price of JP¥1,429. As of last close, the stock is down 35% over the past year.공시 • Dec 23Max Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021Max Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021공시 • Sep 06Max Co., Ltd. to Report Q2, 2021 Results on Oct 28, 2020Max Co., Ltd. announced that they will report Q2, 2021 results on Oct 28, 2020공시 • Jun 29Max Co., Ltd. to Report Q1, 2021 Results on Jul 29, 2020Max Co., Ltd. announced that they will report Q1, 2021 results on Jul 29, 2020이익 및 매출 성장 예측TSE:6454 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2028109,45016,55015,20019,30023/31/2027105,10014,80013,40017,10013/31/202699,60713,89111,41514,799N/A12/31/202597,15213,01812,17615,694N/A9/30/202595,64613,06011,71914,763N/A6/30/202593,49111,48012,15615,027N/A3/31/202591,83911,22511,63214,588N/A12/31/202490,31611,55511,16613,792N/A9/30/202488,59910,3019,63112,559N/A6/30/202488,02610,85710,13213,045N/A3/31/202486,63810,4359,17612,120N/A12/31/202385,7689,7378,76711,872N/A9/30/202385,2739,0779,08712,641N/A6/30/202385,1808,3174,8508,622N/A3/31/202384,3167,6194,6758,248N/A12/31/202283,3997,6233,4236,735N/A9/30/202280,4007,3862,4195,471N/A6/30/202277,1316,9872,8565,756N/A3/31/202273,9586,0901,2425,629N/A12/31/202171,7795,9941,7266,099N/A9/30/202169,5105,7211,7667,127N/A6/30/202166,6185,3801,8927,673N/A3/31/202164,0295,1533,7198,798N/A12/31/202063,9864,6284,1449,438N/A9/30/202064,8264,9174,9018,732N/A6/30/202066,9965,1855,6338,942N/A3/31/202069,6715,5105,4318,330N/A12/31/201970,2185,462N/A8,038N/A9/30/201970,7965,317N/A7,176N/A6/30/201970,5115,231N/A7,840N/A3/31/201970,1185,064N/A7,814N/A12/31/201870,1345,266N/A7,887N/A9/30/201869,4204,969N/A8,442N/A6/30/201869,1644,804N/A8,208N/A3/31/201868,1384,654N/A6,859N/A12/31/201768,0084,412N/A7,228N/A9/30/201767,5304,845N/A7,307N/A6/30/201767,0334,752N/A6,810N/A3/31/201766,9674,726N/A8,512N/A12/31/201666,5384,339N/A8,017N/A9/30/201666,4353,777N/A7,612N/A6/30/201666,4523,667N/A6,809N/A3/31/201666,5103,512N/A5,471N/A12/31/201566,4303,054N/A5,137N/A9/30/201566,1063,216N/A5,462N/A6/30/201565,4343,352N/A5,597N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 6454 의 연간 예상 수익 증가율(8.8%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 6454 의 연간 수익(8.8%)이 JP 시장(8.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 6454 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 6454 의 수익(연간 4.7%)이 JP 시장(연간 5.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 6454 의 수익(연간 4.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 6454의 자본 수익률은 3년 후 14.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 20:11종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Max Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Morten PaulsenCLSAJiro KojimaDaiwa Securities Co. Ltd.Yusaku KonoIchiyoshi Research Institute Inc.1명의 분석가 더 보기
공시 • Jan 30Max Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Max Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company expects net sales to be JPY 97,700 million, Operating profit of JPY 17,200 million, Profit attributable to owners of parent of JPY 13,200 million and Net income per share of JPY 290.96.
공시 • Nov 08Max Co., Ltd. Provides Consolidated Earnings Guidance for the Full Fiscal Year Ending March 31, 2025Max Co., Ltd. provided consolidated earnings guidance for the full fiscal year ending March 31, 2025. For the period, the company expects net sales to be JPY 90,300 million, operating profit of JPY 13,600 million, net profit attributable to shareholders of parent company of JPY 10,360 million and net profit per share of JPY 222.67.
공시 • Feb 13+ 1 more updateMax Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2024Max Co., Ltd. revised earnings guidance for the fiscal year ending March 31, 2024. For the period, the company now expects net sales of ¥87,000 million against previous guidance of ¥87,000 million; Operating income of ¥12,300 million against previous guidance of ¥12,300 million; Net income attributable to shareholders of parental company of ¥9,600 million or ¥204.74 per share against previous guidance of ¥9,380 million or ¥199.53 per share.
Major Estimate Revision • Sep 01Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥78.9b to JP¥84.5b. EPS estimate increased from JP¥138 to JP¥155 per share. Net income forecast to grow 8.7% next year vs 8.7% growth forecast for Machinery industry in Japan. Consensus price target up from JP¥2,100 to JP¥2,440. Share price was steady at JP¥2,008 over the past week.
Price Target Changed • Jul 30Price target decreased to JP¥2,100Down from JP¥2,270, the current price target is provided by 1 analyst. New target price is 24% above last closing price of JP¥1,698. Stock is down 9.8% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥128 last year.
Price Target Changed • Jan 05Price target increased to JP¥2,290Up from JP¥2,130, the current price target is provided by 1 analyst. New target price is 18% above last closing price of JP¥1,948. Stock is up 36% over the past year. The company is forecast to post earnings per share of JP¥122 for next year compared to JP¥106 last year.
Reported Earnings • May 01Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥306 (up from JP¥60.45 in FY 2025). Revenue: JP¥99.6b (up 8.5% from FY 2025). Net income: JP¥13.9b (up 24% from FY 2025). Profit margin: 14% (up from 12% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.
공시 • Apr 30Max Co., Ltd., Annual General Meeting, Jun 29, 2026Max Co., Ltd., Annual General Meeting, Jun 29, 2026.
공시 • Mar 27Max Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Max Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥144 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥80.26 (vs JP¥78.58 in 3Q 2025)Third quarter 2026 results: EPS: JP¥80.26. Revenue: JP¥25.6b (up 6.2% from 3Q 2025). Net income: JP¥3.61b (down 1.1% from 3Q 2025). Profit margin: 14% (down from 15% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in Japan.
분석 기사 • Jan 30Max (TSE:6454) Has Announced That It Will Be Increasing Its Dividend To ¥132.00Max Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...
공시 • Jan 30Max Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026Max Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company expects net sales to be JPY 97,700 million, Operating profit of JPY 17,200 million, Profit attributable to owners of parent of JPY 13,200 million and Net income per share of JPY 290.96.
분석 기사 • Jan 08Max's (TSE:6454) Upcoming Dividend Will Be Larger Than Last Year'sMax Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...
Declared Dividend • Jan 08Dividend of JP¥132 announcedShareholders will receive a dividend of JP¥132. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 07Max Co., Ltd. announces Annual dividend, payable on June 25, 2026Max Co., Ltd. announced Annual dividend of JPY 132.0000 per share payable on June 25, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.
공시 • Dec 18Max Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Max Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
분석 기사 • Dec 05Max (TSE:6454) Could Easily Take On More DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Nov 19Max Co., Ltd.'s (TSE:6454) Price Is Out Of Tune With EarningsMax Co., Ltd.'s ( TSE:6454 ) price-to-earnings (or "P/E") ratio of 21.6x might make it look like a strong sell right...
Reported Earnings • Nov 01Second quarter 2026 earnings released: EPS: JP¥81.08 (vs JP¥45.42 in 2Q 2025)Second quarter 2026 results: EPS: JP¥81.08 (up from JP¥45.42 in 2Q 2025). Revenue: JP¥24.4b (up 9.7% from 2Q 2025). Net income: JP¥3.69b (up 75% from 2Q 2025). Profit margin: 15% (up from 9.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 27Max Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025Max Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥78.26 (vs JP¥71.80 in 1Q 2025)First quarter 2026 results: EPS: JP¥78.26 (up from JP¥71.80 in 1Q 2025). Revenue: JP¥24.2b (up 7.3% from 1Q 2025). Net income: JP¥3.60b (up 7.6% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 31Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 1,000,000 shares, representing 2.18% for ¥5,500 million.Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.29% of its issued share capital, for ¥5,500 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program is valid till December 31, 2025. As of June 30, 2025, there are 45,938,965 outstanding shares (excluding treasury stock) and 598,461 treasury shares.
분석 기사 • Jul 15These 4 Measures Indicate That Max (TSE:6454) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Jun 29Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥242 (up from JP¥223 in FY 2024). Revenue: JP¥91.8b (up 6.0% from FY 2024). Net income: JP¥11.2b (up 7.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.2%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jun 24Max Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Max Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025
분석 기사 • Jun 14Max (TSE:6454) Is Experiencing Growth In Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • May 01Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥242 (up from JP¥223 in FY 2024). Revenue: JP¥91.8b (up 6.0% from FY 2024). Net income: JP¥11.2b (up 7.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.2%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 30Max Co., Ltd., Annual General Meeting, Jun 24, 2025Max Co., Ltd., Annual General Meeting, Jun 24, 2025.
분석 기사 • Apr 15Is Max (TSE:6454) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥112 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).
분석 기사 • Mar 16Max's (TSE:6454) Shareholders Will Receive A Bigger Dividend Than Last YearMax Co., Ltd.'s ( TSE:6454 ) dividend will be increasing from last year's payment of the same period to ¥112.00 on 27th...
공시 • Mar 15Max Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025Max Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025
분석 기사 • Feb 05Optimistic Investors Push Max Co., Ltd. (TSE:6454) Shares Up 28% But Growth Is LackingMax Co., Ltd. ( TSE:6454 ) shareholders have had their patience rewarded with a 28% share price jump in the last month...
분석 기사 • Feb 04Max's (TSE:6454) Dividend Will Be Increased To ¥112.00Max Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...
Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥78.58 (vs JP¥51.39 in 3Q 2024)Third quarter 2025 results: EPS: JP¥78.58 (up from JP¥51.39 in 3Q 2024). Revenue: JP¥24.1b (up 7.7% from 3Q 2024). Net income: JP¥3.66b (up 52% from 3Q 2024). Profit margin: 15% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jan 06Max (TSE:6454) Is Increasing Its Dividend To ¥108.00Max Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...
Declared Dividend • Jan 06Dividend of JP¥108 announcedShareholders will receive a dividend of JP¥108. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 03Max Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Max Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025
공시 • Nov 21Max Co., Ltd. has filed a Follow-on Equity Offering.Max Co., Ltd. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 1,250,000
공시 • Nov 19Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 600,000 shares, representing 1.29% for ¥2,400 million.Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.29% of its issued share capital, for ¥ 2,400 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, as well as from the perspective of mitigating the impact on the supply and demand of the company's shares resulting from the secondary offering. The program is valid till April 30, 2025. As of September 30, 2024, there are 46,529,437 outstanding shares (excluding treasury stock) and 1,007,989 treasury shares.
공시 • Nov 08Max Co., Ltd. Provides Consolidated Earnings Guidance for the Full Fiscal Year Ending March 31, 2025Max Co., Ltd. provided consolidated earnings guidance for the full fiscal year ending March 31, 2025. For the period, the company expects net sales to be JPY 90,300 million, operating profit of JPY 13,600 million, net profit attributable to shareholders of parent company of JPY 10,360 million and net profit per share of JPY 222.67.
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥45.42 (vs JP¥56.80 in 2Q 2024)Second quarter 2025 results: EPS: JP¥45.42 (down from JP¥56.80 in 2Q 2024). Revenue: JP¥22.3b (up 2.6% from 2Q 2024). Net income: JP¥2.11b (down 21% from 2Q 2024). Profit margin: 9.5% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year.
분석 기사 • Oct 03Max (TSE:6454) Is Doing The Right Things To Multiply Its Share PriceIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
공시 • Sep 26Max Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024Max Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥71.80 (vs JP¥61.69 in 1Q 2024)First quarter 2025 results: EPS: JP¥71.80 (up from JP¥61.69 in 1Q 2024). Revenue: JP¥22.6b (up 6.5% from 1Q 2024). Net income: JP¥3.34b (up 14% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 22% per year.
분석 기사 • Jul 24There's Reason For Concern Over Max Co., Ltd.'s (TSE:6454) PriceWith a median price-to-earnings (or "P/E") ratio of close to 14x in Japan, you could be forgiven for feeling...
공시 • Jun 17Max Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Max Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
분석 기사 • Jun 14Max (TSE:6454) Shareholders Will Want The ROCE Trajectory To ContinueIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
분석 기사 • May 22Max (TSE:6454) Has A Rock Solid Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
공시 • May 15+ 2 more updatesMAX Co., Ltd. Announces Change in Dividend PolicyMAX Co., Ltd. announced that the Board of Directors has resolved at a meeting held on April 26, 2024 to change dividend policy. Reasons for the Revision: The Company has positioned returning profits to shareholders as one of the highest priority management policies. The company's basic policy on profit distribution is "expand profits from business activities through sustainable growth and distribute profits in a stable manner over the long term." and its dividend policy is based on basic policy. While keeping this basic policy as a premise, the company have changed its dividend policy in light of its current financial situation, improvement in business profitability, and the level of the ratio of dividends to net assets. Details of Change: Former Dividend Policy: Maintain a minimum of 3.5% ratio of dividends to net assets with a target payout ratio of 50%, as based on consolidated financial results. New Dividend Policy (changed from Fiscal Year 2024): Guideline of a ratio of dividends to net assets of 5.0% and a dividend payout ratio of 50%, as based on consolidated financial results. Effective from dividends for the fiscal year ending March 31, 2025.
Reported Earnings • May 01Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥224 (up from JP¥161 in FY 2023). Revenue: JP¥86.6b (up 2.8% from FY 2023). Net income: JP¥10.5b (up 38% from FY 2023). Profit margin: 12% (up from 9.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 29% per year.
공시 • Apr 29Max Co., Ltd., Annual General Meeting, Jun 26, 2024Max Co., Ltd., Annual General Meeting, Jun 26, 2024.
분석 기사 • Mar 22Max's (TSE:6454) Dividend Will Be Increased To ¥98.00Max Co., Ltd. ( TSE:6454 ) will increase its dividend from last year's comparable payment on the 1st of July to ¥98.00...
공시 • Mar 21Max Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024Max Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥98.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).
분석 기사 • Feb 27Max (TSE:6454) Will Pay A Larger Dividend Than Last Year At ¥98.00Max Co., Ltd. ( TSE:6454 ) has announced that it will be increasing its dividend from last year's comparable payment on...
공시 • Feb 13+ 1 more updateMax Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2024Max Co., Ltd. revised earnings guidance for the fiscal year ending March 31, 2024. For the period, the company now expects net sales of ¥87,000 million against previous guidance of ¥87,000 million; Operating income of ¥12,300 million against previous guidance of ¥12,300 million; Net income attributable to shareholders of parental company of ¥9,600 million or ¥204.74 per share against previous guidance of ¥9,380 million or ¥199.53 per share.
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥51.39 (vs JP¥36.83 in 3Q 2023)Third quarter 2024 results: EPS: JP¥51.39 (up from JP¥36.83 in 3Q 2023). Revenue: JP¥22.4b (up 2.3% from 3Q 2023). Net income: JP¥2.40b (up 38% from 3Q 2023). Profit margin: 11% (up from 7.9% in 3Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 26% per year.
공시 • Dec 13Max Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Max Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
공시 • Dec 12Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 500,000 shares, representing 1.07% for ¥1,490.5 million.Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.07% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,490.50 million. The shares will be repurchased at a price of ¥2,981 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of September 30, 2023, the company has 46,829,381 issued shares (excluding treasury stock) and 708,045 treasury shares.
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥56.80 (vs JP¥40.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥56.80 (up from JP¥40.36 in 2Q 2023). Revenue: JP¥21.7b (flat on 2Q 2023). Net income: JP¥2.67b (up 40% from 2Q 2023). Profit margin: 12% (up from 8.8% in 2Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.
공시 • Sep 27Max Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Max Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥61.69 (vs JP¥46.93 in 1Q 2023)First quarter 2024 results: EPS: JP¥61.69 (up from JP¥46.93 in 1Q 2023). Revenue: JP¥21.2b (up 4.2% from 1Q 2023). Net income: JP¥2.92b (up 31% from 1Q 2023). Profit margin: 14% (up from 11% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.
공시 • Jun 28Max Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Max Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • Apr 29Full year 2023 earnings released: EPS: JP¥161 (vs JP¥128 in FY 2022)Full year 2023 results: EPS: JP¥161 (up from JP¥128 in FY 2022). Revenue: JP¥84.3b (up 14% from FY 2022). Net income: JP¥7.62b (up 25% from FY 2022). Profit margin: 9.0% (up from 8.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥74.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 40% and the cash payout ratio is 88%. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%).
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥36.83 (vs JP¥31.82 in 3Q 2022)Third quarter 2023 results: EPS: JP¥36.83 (up from JP¥31.82 in 3Q 2022). Revenue: JP¥21.9b (up 16% from 3Q 2022). Net income: JP¥1.74b (up 16% from 3Q 2022). Profit margin: 7.9% (down from 8.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Dec 28Max Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Max Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥40.36 (vs JP¥31.83 in 2Q 2022)Second quarter 2023 results: EPS: JP¥40.36 (up from JP¥31.83 in 2Q 2022). Revenue: JP¥21.6b (up 18% from 2Q 2022). Net income: JP¥1.91b (up 26% from 2Q 2022). Profit margin: 8.8% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
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. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent External Director Asaka Kanda was the last independent director to join the board, commencing their role in 2018. 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 • Oct 30Second quarter 2023 earnings released: EPS: JP¥40.36 (vs JP¥31.83 in 2Q 2022)Second quarter 2023 results: EPS: JP¥40.36 (up from JP¥31.83 in 2Q 2022). Revenue: JP¥21.6b (up 18% from 2Q 2022). Net income: JP¥1.91b (up 26% from 2Q 2022). Profit margin: 8.8% (up from 8.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • Sep 24Max Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022Max Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022
Major Estimate Revision • Sep 01Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥78.9b to JP¥84.5b. EPS estimate increased from JP¥138 to JP¥155 per share. Net income forecast to grow 8.7% next year vs 8.7% growth forecast for Machinery industry in Japan. Consensus price target up from JP¥2,100 to JP¥2,440. Share price was steady at JP¥2,008 over the past week.
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥46.93 (vs JP¥27.73 in 1Q 2022)First quarter 2023 results: EPS: JP¥46.93 (up from JP¥27.73 in 1Q 2022). Revenue: JP¥20.3b (up 19% from 1Q 2022). Net income: JP¥2.22b (up 68% from 1Q 2022). Profit margin: 11% (up from 7.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6%, compared to a 10.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Price Target Changed • Jul 30Price target decreased to JP¥2,100Down from JP¥2,270, the current price target is provided by 1 analyst. New target price is 24% above last closing price of JP¥1,698. Stock is down 9.8% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥128 last year.
공시 • Jun 24Max Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Max Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022
공시 • May 02Max Co., Ltd., Annual General Meeting, Jun 29, 2022Max Co., Ltd., Annual General Meeting, Jun 29, 2022.
Reported Earnings • Apr 30Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥128 (up from JP¥106 in FY 2021). Revenue: JP¥74.0b (up 16% from FY 2021). Net income: JP¥6.09b (up 18% from FY 2021). Profit margin: 8.2% (up from 8.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 7.0%, compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
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. 1 highly experienced director. 2 independent directors (4 non-independent directors). Independent External Director Asaka Kanda was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 08Max Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022Max Co., Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%).
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥31.82 (up from JP¥25.19 in 3Q 2021). Revenue: JP¥18.9b (up 14% from 3Q 2021). Net income: JP¥1.51b (up 22% from 3Q 2021). Profit margin: 8.0% (up from 7.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 9.4%. Over the next year, revenue is forecast to grow 6.5%, compared to a 9.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.
Price Target Changed • Jan 05Price target increased to JP¥2,290Up from JP¥2,130, the current price target is provided by 1 analyst. New target price is 18% above last closing price of JP¥1,948. Stock is up 36% over the past year. The company is forecast to post earnings per share of JP¥122 for next year compared to JP¥106 last year.
공시 • Aug 18Max Co., Ltd. (TSE:6454) announces an Equity Buyback for 400,000 shares, representing 0.84% for ¥742.8 million.Max Co., Ltd. (TSE:6454) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 0.84% of the outstanding shares, at ¥1,857 per share for ¥742.8 million. The purpose of the program is to enhance capital efficiency and to improve shareholder returns. The program will expire on August 18, 2021. As of June 30, 2021, the company had 47,702,855 shares outstanding and 234,571 shares in treasury.
Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥27.73 (vs JP¥22.41 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥17.2b (up 18% from 1Q 2021). Net income: JP¥1.32b (up 21% from 1Q 2021). Profit margin: 7.7% (up from 7.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year.
Price Target Changed • Jun 17Price target increased to JP¥2,130Up from JP¥1,900, the current price target is provided by 1 analyst. New target price is 22% above last closing price of JP¥1,747. Stock is up 9.0% over the past year.
Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥106 (vs JP¥113 in FY 2020)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥64.0b (down 8.1% from FY 2020). Net income: JP¥5.15b (down 6.5% from FY 2020). Profit margin: 8.0% (up from 7.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
공시 • Mar 05Max Co., Ltd. to Report Fiscal Year 2021 Results on Apr 28, 2021Max Co., Ltd. announced that they will report fiscal year 2021 results on Apr 28, 2021
Is New 90 Day High Low • Mar 05New 90-day high: JP¥1,644The company is up 14% from its price of JP¥1,438 on 04 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period.
Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥25.19 (vs JP¥31.10 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥16.6b (down 4.8% from 3Q 2020). Net income: JP¥1.23b (down 19% from 3Q 2020). Profit margin: 7.4% (down from 8.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
Is New 90 Day High Low • Feb 01New 90-day high: JP¥1,601The company is up 9.0% from its price of JP¥1,472 on 02 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period.
Price Target Changed • Dec 25Price target lowered to JP¥1,970Down from JP¥2,120, the current price target is provided by 1 analyst. The new target price is 38% above the current share price of JP¥1,429. As of last close, the stock is down 35% over the past year.
공시 • Dec 23Max Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021Max Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021
공시 • Sep 06Max Co., Ltd. to Report Q2, 2021 Results on Oct 28, 2020Max Co., Ltd. announced that they will report Q2, 2021 results on Oct 28, 2020
공시 • Jun 29Max Co., Ltd. to Report Q1, 2021 Results on Jul 29, 2020Max Co., Ltd. announced that they will report Q1, 2021 results on Jul 29, 2020