View Financial HealthCTI Engineering 배당 및 자사주 매입배당 기준 점검 5/6CTI Engineering 수익으로 충분히 충당되는 현재 수익률 2.86% 보유한 배당금 지급 회사입니다.핵심 정보2.9%배당 수익률2.1%자사주 매입 수익률총 주주 수익률4.9%미래 배당 수익률n/a배당 성장률22.9%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향32%최근 배당 및 자사주 매입 업데이트공시 • Feb 14+ 2 more updatesCTI Engineering Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026CTI Engineering Co., Ltd. provided year-end dividend guidance for the Fiscal year ending December 31, 2026. For the year end, the company expects dividend of JPY 78.00 per share against JPY 75.00 per share paid last year.Upcoming Dividend • Dec 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).Declared Dividend • Aug 14Dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.5%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (143% cash payout ratio). The dividend has increased by an average of 24% 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. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Dec 20Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%).분석 기사 • Nov 17CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...분석 기사 • Oct 30CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...모든 업데이트 보기Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: JP¥163 (vs JP¥140 in 1Q 2025)First quarter 2026 results: EPS: JP¥163 (up from JP¥140 in 1Q 2025). Revenue: JP¥32.0b (up 6.2% from 1Q 2025). Net income: JP¥4.46b (up 15% from 1Q 2025). Profit margin: 14% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. 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 16% per year, which means it is well ahead of earnings.공시 • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026CTI Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026.Reported Earnings • Feb 14Full year 2025 earnings released: EPS: JP¥214 (vs JP¥243 in FY 2024)Full year 2025 results: EPS: JP¥214 (down from JP¥243 in FY 2024). Revenue: JP¥101.0b (up 3.4% from FY 2024). Net income: JP¥5.95b (down 12% from FY 2024). Profit margin: 5.9% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.공시 • Feb 14+ 2 more updatesCTI Engineering Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026CTI Engineering Co., Ltd. provided year-end dividend guidance for the Fiscal year ending December 31, 2026. For the year end, the company expects dividend of JPY 78.00 per share against JPY 75.00 per share paid last year.분석 기사 • Feb 12Is CTI Engineering (TSE:9621) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Buy Or Sell Opportunity • Feb 09Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥3,230. The fair value is estimated to be JP¥2,651, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years, while earnings per share has been flat.Upcoming Dividend • Dec 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥19.14 (vs JP¥13.80 in 3Q 2024)Third quarter 2025 results: EPS: JP¥19.14 (up from JP¥13.80 in 3Q 2024). Revenue: JP¥22.5b (up 4.8% from 3Q 2024). Net income: JP¥532.0m (up 39% from 3Q 2024). Profit margin: 2.4% (up from 1.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.공시 • Oct 29CTI Engineering Co., Ltd. to Report Q3, 2025 Results on Nov 12, 2025CTI Engineering Co., Ltd. announced that they will report Q3, 2025 results on Nov 12, 2025Declared Dividend • Aug 14Dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.5%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (143% cash payout ratio). The dividend has increased by an average of 24% 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. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 13Second quarter 2025 earnings released: JP¥4.03 loss per share (vs JP¥16.07 profit in 2Q 2024)Second quarter 2025 results: JP¥4.03 loss per share (down from JP¥16.07 profit in 2Q 2024). Revenue: JP¥20.7b (down 4.0% from 2Q 2024). Net loss: JP¥112.0m (down 125% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jun 20CTI Engineering Co., Ltd. to Report Q2, 2025 Results on Aug 12, 2025CTI Engineering Co., Ltd. announced that they will report Q2, 2025 results on Aug 12, 2025New Risk • May 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 9.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Profit margins are more than 30% lower than last year (6.3% net profit margin).공시 • Mar 27CTI Engineering Co., Ltd. to Report Q1, 2025 Results on May 13, 2025CTI Engineering Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025공시 • Feb 17CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2025CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2025.Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥486 (vs JP¥271 in FY 2023)Full year 2024 results: EPS: JP¥486. Revenue: JP¥97.7b (up 5.0% from FY 2023). Net income: JP¥6.75b (down 11% from FY 2023). Profit margin: 6.9% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses.공시 • Jan 03CTI Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025CTI Engineering Co., Ltd. announced that they will report fiscal year 2024 results at 12:00 PM, Tokyo Standard Time on Feb 14, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%).분석 기사 • Nov 17CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: JP¥27.59 (vs JP¥60.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.59 (down from JP¥60.08 in 3Q 2023). Revenue: JP¥21.5b (flat on 3Q 2023). Net income: JP¥383.0m (down 54% from 3Q 2023). Profit margin: 1.8% (down from 3.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year.분석 기사 • Oct 30CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...공시 • Oct 29CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire Hiroken Consultants Co.,Ltd. from Kazuhiro Motohiro.CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire Hiroken Consultants Co.,Ltd. from Kazuhiro Motohiro on October 29, 2024. For the period ending March 31, 2024, Hiroken Consultants Co.,Ltd. reported total revenue of ¥1.59 billion and EBIT of ¥296.38 million. As of March 31, 2024, Hiroken Consultants Co.,Ltd. reported total assets of ¥3.28 billion and total common equity of ¥2.7 billion. The transaction is expected to complete on November 12, 2024.분석 기사 • Oct 16CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...분석 기사 • Oct 02CTI Engineering (TSE:9621) Has Affirmed Its Dividend Of ¥150.00CTI Engineering Co., Ltd.'s ( TSE:9621 ) investors are due to receive a payment of ¥150.00 per share on 27th of March...공시 • Oct 02CTI Engineering Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024CTI Engineering Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥32.14 (vs JP¥182 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.14 (down from JP¥182 in 2Q 2023). Revenue: JP¥21.6b (down 5.7% from 2Q 2023). Net income: JP¥446.0m (down 82% from 2Q 2023). Profit margin: 2.1% (down from 11% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.분석 기사 • Aug 15CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) will pay a dividend of ¥150.00 on the 27th of March. This payment means that the...Declared Dividend • Aug 15Dividend of JP¥150 announcedDividend of JP¥150 is the same as last year. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (23% 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 25% 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. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.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 6.3% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥3,915, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 84% over the past three years.공시 • Jun 30CTI Engineering Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024CTI Engineering Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024공시 • May 29CTI Engineering Co., Ltd. Provides Year-End Dividend for the Fiscal Year Ending December 31, 2024CTI Engineering Co., Ltd. provided year-end dividend for the fiscal year ending December 31, 2024. For the period, the company expects to pay year-end dividend of JPY 150.00 per share compared to JPY 150.00 per share paid a year ago.Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥320 (vs JP¥198 in 1Q 2023)First quarter 2024 results: EPS: JP¥320 (up from JP¥198 in 1Q 2023). Revenue: JP¥29.2b (up 18% from 1Q 2023). Net income: JP¥4.44b (up 60% from 1Q 2023). Profit margin: 15% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 27% per year.분석 기사 • Apr 02CTI Engineering's (TSE:9621) Earnings Are Weaker Than They SeemDespite announcing strong earnings, CTI Engineering Co., Ltd.'s ( TSE:9621 ) stock was sluggish. We think that the...공시 • Apr 02CTI Engineering Co., Ltd., Annual General Meeting, Apr 26, 2024CTI Engineering Co., Ltd., Annual General Meeting, Apr 26, 2024, at 10:00 Tokyo Standard Time. Location: Tokyo-Nihonbashi tower 5F, 2-7-1 Nihonbashi, Chuo-ku Tokyo-to Bellesalle Tokyo Nihonbashi Room 10 + 11 Tokyo Japan Agenda: To consider Business Report, Consolidated Financial Statements for the Company's 61 Fiscal Year (January 1, 2023-December 31, 2023) and results of audits of Consolidated Financial Statements by Accounting Auditor and Board of Auditors; and to consider Non-consolidated Financial Statements for the Company s 61st Fiscal Year January 1, 2023-December 31, 2023.공시 • Mar 28CTI Engineering Co., Ltd. to Report Q1, 2024 Results on May 13, 2024CTI Engineering Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024Reported Earnings • Mar 28Full year 2023 earnings: EPS in line with expectations, revenues disappointFull year 2023 results: EPS: JP¥542 (up from JP¥415 in FY 2022). Revenue: JP¥93.1b (up 12% from FY 2022). Net income: JP¥7.53b (up 28% from FY 2022). Profit margin: 8.1% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) were mostly in line with analyst estimates. 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 27% per year.공시 • Feb 22CTI Engineering Co., Ltd., Annual General Meeting, Mar 26, 2024CTI Engineering Co., Ltd., Annual General Meeting, Mar 26, 2024, at 10:00 Tokyo Standard Time. Location: Banquet Room Fuji-Higashi no ma, 4F, Hotel Grand Arc Hanzomon located at 1-1, Hayabusa-cho, Chiyoda-ku Tokyo Japan Agenda: To consider Business Report, Consolidated Financial Statements for the Company's 61 Fiscal Year (January 1, 2023-December 31, 2023) and results of audits of Consolidated Financial Statements by Accounting Auditor and Board of Auditors; and to consider Non-consolidated Financial Statements for the Company s 61st Fiscal Year January 1, 2023-December 31, 2023.공시 • Dec 28CTI Engineering Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024CTI Engineering Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥150 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (3.2%).공시 • Nov 24CTI Engineering Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year 2023CTI Engineering Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year 2023. For the period, the company revised on consolidated basis: sales to be JPY 91,000 million from JPY 87,000 million previous guidance, operating income to be JPY 9,700 million from JPY 8,500 million previous guidance, net income attributable to owners of the parent to be JPY 7,000 million from JPY 6,300 million previous guidance and net income per share to be JPY 503.67 from JPY 453.30 previous guidance.For the period, the company revised on non consolidated basis: sales to be JPY 57,000 million from JPY 55,000 million previous guidance, net income to be JPY 6,500 million from JPY 5,800 million previous guidance and net income per share to be JPY 468.82 from JPY 417.32 previous guidance.Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: JP¥60.08 (vs JP¥50.92 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.08 (up from JP¥50.92 in 3Q 2022). Revenue: JP¥21.4b (up 9.1% from 3Q 2022). Net income: JP¥833.0m (up 16% from 3Q 2022). Profit margin: 3.9% (up from 3.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 29% per year.공시 • Oct 14CTI Engineering Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023CTI Engineering Co., Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: JP¥182 (vs JP¥95.62 in 2Q 2022)Second quarter 2023 results: EPS: JP¥182 (up from JP¥95.62 in 2Q 2022). Revenue: JP¥22.9b (up 25% from 2Q 2022). Net income: JP¥2.52b (up 86% from 2Q 2022). Profit margin: 11% (up from 7.4% 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 28% per year whereas the company’s share price has increased by 31% per year.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥4,100, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 139% over the past three years.공시 • Jun 14CTI Engineering Co., Ltd. to Report Q2, 2023 Results on Aug 09, 2023CTI Engineering Co., Ltd. announced that they will report Q2, 2023 results on Aug 09, 2023Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥198 (vs JP¥173 in 1Q 2022)First quarter 2023 results: EPS: JP¥198 (up from JP¥173 in 1Q 2022). Revenue: JP¥24.8b (up 5.2% from 1Q 2022). Net income: JP¥2.77b (up 13% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year and the company’s share price has also increased by 28% per year.Reported Earnings • Apr 01Full year 2022 earnings released: EPS: JP¥415 (vs JP¥316 in FY 2021)Full year 2022 results: EPS: JP¥415 (up from JP¥316 in FY 2021). Revenue: JP¥83.5b (up 12% from FY 2021). Net income: JP¥5.87b (up 31% from FY 2021). Profit margin: 7.0% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 25% per year.Reported Earnings • Feb 20Full year 2022 earnings released: EPS: JP¥415 (vs JP¥316 in FY 2021)Full year 2022 results: EPS: JP¥415 (up from JP¥316 in FY 2021). Revenue: JP¥83.5b (up 12% from FY 2021). Net income: JP¥5.87b (up 31% from FY 2021). Profit margin: 7.0% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • Feb 15CTI Engineering Co., Ltd. (TSE:9621) announces an Equity Buyback for 480,000 shares, representing 3.39% for ¥1,000 million.CTI Engineering Co., Ltd. (TSE:9621) announces a share repurchase program. Under the program, the company will repurchase up to 480,000 shares, representing 3.39% of its share capital, for ¥1,000 million. The program is aimed at improving capital efficiency, enhancing shareholder returns, and a transfer system as an incentive for sustainable growth. The program will expire on July 31, 2023. As of December 31, 2022, the company had 14,139,608 shares in issue (excluding treasury stock) and 19,478 shares in treasury.Upcoming Dividend • Dec 22Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.7%).공시 • Dec 06CTI Engineering Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023CTI Engineering Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥50.92 (vs JP¥63.65 in 3Q 2021)Third quarter 2022 results: EPS: JP¥50.92 (down from JP¥63.65 in 3Q 2021). Revenue: JP¥19.6b (up 20% from 3Q 2021). Net income: JP¥720.0m (down 20% from 3Q 2021). Profit margin: 3.7% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: JP¥50.92 (vs JP¥63.65 in 3Q 2021)Third quarter 2022 results: EPS: JP¥50.92 (down from JP¥63.65 in 3Q 2021). Revenue: JP¥19.6b (up 20% from 3Q 2021). Net income: JP¥720.0m (down 20% from 3Q 2021). Profit margin: 3.7% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • Sep 09CTI Engineering Co., Ltd. to Report Q3, 2022 Results on Nov 10, 2022CTI Engineering Co., Ltd. announced that they will report Q3, 2022 results on Nov 10, 2022Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: JP¥95.61 (vs JP¥144 in 2Q 2021)Second quarter 2022 results: EPS: JP¥95.61 (down from JP¥144 in 2Q 2021). Revenue: JP¥18.3b (down 19% from 2Q 2021). Net income: JP¥1.35b (down 33% from 2Q 2021). Profit margin: 7.4% (down from 9.0% in 2Q 2021). The decrease in margin was driven by lower revenue. 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 19% per year, which means it is significantly lagging earnings growth.공시 • May 29CTI Engineering Co., Ltd. to Report Q2, 2022 Results on Aug 09, 2022CTI Engineering Co., Ltd. announced that they will report Q2, 2022 results on Aug 09, 2022Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥173 (vs JP¥23.06 in 1Q 2021)First quarter 2022 results: EPS: JP¥173 (up from JP¥23.06 in 1Q 2021). Revenue: JP¥23.5b (up 85% from 1Q 2021). Net income: JP¥2.44b (up JP¥2.12b from 1Q 2021). Profit margin: 10% (up from 2.6% 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 32% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsNo 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. No independent directors (11 non-independent directors). Director Fumiko Kosao was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Apr 14CTI Engineering Co., Ltd. to Report Q1, 2022 Results on May 11, 2022CTI Engineering Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥316 (up from JP¥258 in FY 2020). Revenue: JP¥74.4b (up 14% from FY 2020). Net income: JP¥4.47b (up 23% from FY 2020). Profit margin: 6.0% (up from 5.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 24, 2022CTI Engineering Co., Ltd., Annual General Meeting, Mar 24, 2022.Upcoming Dividend • Dec 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.3%).Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS JP¥63.64 (vs JP¥54.95 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥16.4b (up 6.8% from 3Q 2020). Net income: JP¥900.0m (up 16% from 3Q 2020). Profit margin: 5.5% (up from 5.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 14First quarter 2021 earnings released: EPS JP¥23.06 (vs JP¥4.95 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥12.7b (up 11% from 1Q 2020). Net income: JP¥326.0m (up 366% from 1Q 2020). Profit margin: 2.6% (up from 0.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2020 earnings released: EPS JP¥258 (vs JP¥199 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥65.2b (up 4.1% from FY 2019). Net income: JP¥3.65b (up 30% from FY 2019). Profit margin: 5.6% (up from 4.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.공시 • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2021CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2021.Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥258 (vs JP¥199 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥65.2b (up 4.1% from FY 2019). Net income: JP¥3.65b (up 30% from FY 2019). Profit margin: 5.6% (up from 4.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 24% per year.Is New 90 Day High Low • Jan 20New 90-day high: JP¥2,398The company is up 28% from its price of JP¥1,868 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 7.0% over the same period.공시 • Dec 24CTI Engineering Co., Ltd. to Report Fiscal Year 2020 Results on Feb 12, 2021CTI Engineering Co., Ltd. announced that they will report fiscal year 2020 results on Feb 12, 2021Is New 90 Day High Low • Dec 24New 90-day high: JP¥2,331The company is up 16% from its price of JP¥2,015 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 3.0% over the same period.공시 • Oct 10CTI Engineering Co., Ltd. to Report Q3, 2020 Results on Nov 10, 2020CTI Engineering Co., Ltd. announced that they will report Q3, 2020 results on Nov 10, 2020공시 • Jul 31CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire remaining 30% stake in CTI Engineering International Co., Ltd.CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire remaining 30% stake in CTI Engineering International Co., Ltd. on July 28, 2020. Date of conclusion of share transfer agreement is early to mid-august, 2020. Post completion, CTI Engineering International Co., Ltd. will become wholly owned subsidiary of CTI Engineering Co., Ltd. Transaction is expected to be completed at the end of August, 2020. The impact of acquisition on CTI Engineering Co., Ltd. consolidated business results is immaterial.공시 • Jun 29CTI Engineering Co., Ltd. to Report Q2, 2020 Results on Aug 11, 2020CTI Engineering Co., Ltd. announced that they will report Q2, 2020 results on Aug 11, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 9621 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: 9621 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장CTI Engineering 배당 수익률 vs 시장9621의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (9621)2.9%시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.8%업계 평균 (Construction)2.9%분석가 예측 (9621) (최대 3년)n/a주목할만한 배당금: 9621 의 배당금( 2.86% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.74% )보다 높습니다.고배당: 9621 의 배당금( 2.86% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.75% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 31.8% )로 9621 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 48.1% )로 9621 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 10:30종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 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 소스CTI Engineering Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Eiki MurayamaMizuho Securities Co., Ltd.null nullStorm Research LimitedOsamu KamadaTokai Tokyo Intelligence Laboratory Co., Ltd.
공시 • Feb 14+ 2 more updatesCTI Engineering Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026CTI Engineering Co., Ltd. provided year-end dividend guidance for the Fiscal year ending December 31, 2026. For the year end, the company expects dividend of JPY 78.00 per share against JPY 75.00 per share paid last year.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).
Declared Dividend • Aug 14Dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.5%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (143% cash payout ratio). The dividend has increased by an average of 24% 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. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%).
분석 기사 • Nov 17CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...
분석 기사 • Oct 30CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...
Reported Earnings • May 15First quarter 2026 earnings released: EPS: JP¥163 (vs JP¥140 in 1Q 2025)First quarter 2026 results: EPS: JP¥163 (up from JP¥140 in 1Q 2025). Revenue: JP¥32.0b (up 6.2% from 1Q 2025). Net income: JP¥4.46b (up 15% from 1Q 2025). Profit margin: 14% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. 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 16% per year, which means it is well ahead of earnings.
공시 • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026CTI Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026.
Reported Earnings • Feb 14Full year 2025 earnings released: EPS: JP¥214 (vs JP¥243 in FY 2024)Full year 2025 results: EPS: JP¥214 (down from JP¥243 in FY 2024). Revenue: JP¥101.0b (up 3.4% from FY 2024). Net income: JP¥5.95b (down 12% from FY 2024). Profit margin: 5.9% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
공시 • Feb 14+ 2 more updatesCTI Engineering Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2026CTI Engineering Co., Ltd. provided year-end dividend guidance for the Fiscal year ending December 31, 2026. For the year end, the company expects dividend of JPY 78.00 per share against JPY 75.00 per share paid last year.
분석 기사 • Feb 12Is CTI Engineering (TSE:9621) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Buy Or Sell Opportunity • Feb 09Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to JP¥3,230. The fair value is estimated to be JP¥2,651, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years, while earnings per share has been flat.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 26 March 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: JP¥19.14 (vs JP¥13.80 in 3Q 2024)Third quarter 2025 results: EPS: JP¥19.14 (up from JP¥13.80 in 3Q 2024). Revenue: JP¥22.5b (up 4.8% from 3Q 2024). Net income: JP¥532.0m (up 39% from 3Q 2024). Profit margin: 2.4% (up from 1.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
공시 • Oct 29CTI Engineering Co., Ltd. to Report Q3, 2025 Results on Nov 12, 2025CTI Engineering Co., Ltd. announced that they will report Q3, 2025 results on Nov 12, 2025
Declared Dividend • Aug 14Dividend of JP¥75.00 announcedShareholders will receive a dividend of JP¥75.00. Ex-date: 29th December 2025 Payment date: 26th March 2026 Dividend yield will be 2.5%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (143% cash payout ratio). The dividend has increased by an average of 24% 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. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 13Second quarter 2025 earnings released: JP¥4.03 loss per share (vs JP¥16.07 profit in 2Q 2024)Second quarter 2025 results: JP¥4.03 loss per share (down from JP¥16.07 profit in 2Q 2024). Revenue: JP¥20.7b (down 4.0% from 2Q 2024). Net loss: JP¥112.0m (down 125% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jun 20CTI Engineering Co., Ltd. to Report Q2, 2025 Results on Aug 12, 2025CTI Engineering Co., Ltd. announced that they will report Q2, 2025 results on Aug 12, 2025
New Risk • May 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 9.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (143% cash payout ratio). Profit margins are more than 30% lower than last year (6.3% net profit margin).
공시 • Mar 27CTI Engineering Co., Ltd. to Report Q1, 2025 Results on May 13, 2025CTI Engineering Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
공시 • Feb 17CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2025CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2025.
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥486 (vs JP¥271 in FY 2023)Full year 2024 results: EPS: JP¥486. Revenue: JP¥97.7b (up 5.0% from FY 2023). Net income: JP¥6.75b (down 11% from FY 2023). Profit margin: 6.9% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses.
공시 • Jan 03CTI Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025CTI Engineering Co., Ltd. announced that they will report fiscal year 2024 results at 12:00 PM, Tokyo Standard Time on Feb 14, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%).
분석 기사 • Nov 17CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: JP¥27.59 (vs JP¥60.08 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.59 (down from JP¥60.08 in 3Q 2023). Revenue: JP¥21.5b (flat on 3Q 2023). Net income: JP¥383.0m (down 54% from 3Q 2023). Profit margin: 1.8% (down from 3.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year.
분석 기사 • Oct 30CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...
공시 • Oct 29CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire Hiroken Consultants Co.,Ltd. from Kazuhiro Motohiro.CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire Hiroken Consultants Co.,Ltd. from Kazuhiro Motohiro on October 29, 2024. For the period ending March 31, 2024, Hiroken Consultants Co.,Ltd. reported total revenue of ¥1.59 billion and EBIT of ¥296.38 million. As of March 31, 2024, Hiroken Consultants Co.,Ltd. reported total assets of ¥3.28 billion and total common equity of ¥2.7 billion. The transaction is expected to complete on November 12, 2024.
분석 기사 • Oct 16CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) has announced that it will pay a dividend of ¥150.00 per share on the 27th of...
분석 기사 • Oct 02CTI Engineering (TSE:9621) Has Affirmed Its Dividend Of ¥150.00CTI Engineering Co., Ltd.'s ( TSE:9621 ) investors are due to receive a payment of ¥150.00 per share on 27th of March...
공시 • Oct 02CTI Engineering Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024CTI Engineering Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
Reported Earnings • Aug 19Second quarter 2024 earnings released: EPS: JP¥32.14 (vs JP¥182 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.14 (down from JP¥182 in 2Q 2023). Revenue: JP¥21.6b (down 5.7% from 2Q 2023). Net income: JP¥446.0m (down 82% from 2Q 2023). Profit margin: 2.1% (down from 11% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.
분석 기사 • Aug 15CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00CTI Engineering Co., Ltd. ( TSE:9621 ) will pay a dividend of ¥150.00 on the 27th of March. This payment means that the...
Declared Dividend • Aug 15Dividend of JP¥150 announcedDividend of JP¥150 is the same as last year. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (23% 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 25% 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. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
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 6.3% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥3,915, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 84% over the past three years.
공시 • Jun 30CTI Engineering Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024CTI Engineering Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
공시 • May 29CTI Engineering Co., Ltd. Provides Year-End Dividend for the Fiscal Year Ending December 31, 2024CTI Engineering Co., Ltd. provided year-end dividend for the fiscal year ending December 31, 2024. For the period, the company expects to pay year-end dividend of JPY 150.00 per share compared to JPY 150.00 per share paid a year ago.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: JP¥320 (vs JP¥198 in 1Q 2023)First quarter 2024 results: EPS: JP¥320 (up from JP¥198 in 1Q 2023). Revenue: JP¥29.2b (up 18% from 1Q 2023). Net income: JP¥4.44b (up 60% from 1Q 2023). Profit margin: 15% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 27% per year.
분석 기사 • Apr 02CTI Engineering's (TSE:9621) Earnings Are Weaker Than They SeemDespite announcing strong earnings, CTI Engineering Co., Ltd.'s ( TSE:9621 ) stock was sluggish. We think that the...
공시 • Apr 02CTI Engineering Co., Ltd., Annual General Meeting, Apr 26, 2024CTI Engineering Co., Ltd., Annual General Meeting, Apr 26, 2024, at 10:00 Tokyo Standard Time. Location: Tokyo-Nihonbashi tower 5F, 2-7-1 Nihonbashi, Chuo-ku Tokyo-to Bellesalle Tokyo Nihonbashi Room 10 + 11 Tokyo Japan Agenda: To consider Business Report, Consolidated Financial Statements for the Company's 61 Fiscal Year (January 1, 2023-December 31, 2023) and results of audits of Consolidated Financial Statements by Accounting Auditor and Board of Auditors; and to consider Non-consolidated Financial Statements for the Company s 61st Fiscal Year January 1, 2023-December 31, 2023.
공시 • Mar 28CTI Engineering Co., Ltd. to Report Q1, 2024 Results on May 13, 2024CTI Engineering Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024
Reported Earnings • Mar 28Full year 2023 earnings: EPS in line with expectations, revenues disappointFull year 2023 results: EPS: JP¥542 (up from JP¥415 in FY 2022). Revenue: JP¥93.1b (up 12% from FY 2022). Net income: JP¥7.53b (up 28% from FY 2022). Profit margin: 8.1% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) were mostly in line with analyst estimates. 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 27% per year.
공시 • Feb 22CTI Engineering Co., Ltd., Annual General Meeting, Mar 26, 2024CTI Engineering Co., Ltd., Annual General Meeting, Mar 26, 2024, at 10:00 Tokyo Standard Time. Location: Banquet Room Fuji-Higashi no ma, 4F, Hotel Grand Arc Hanzomon located at 1-1, Hayabusa-cho, Chiyoda-ku Tokyo Japan Agenda: To consider Business Report, Consolidated Financial Statements for the Company's 61 Fiscal Year (January 1, 2023-December 31, 2023) and results of audits of Consolidated Financial Statements by Accounting Auditor and Board of Auditors; and to consider Non-consolidated Financial Statements for the Company s 61st Fiscal Year January 1, 2023-December 31, 2023.
공시 • Dec 28CTI Engineering Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024CTI Engineering Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥150 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (3.2%).
공시 • Nov 24CTI Engineering Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year 2023CTI Engineering Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year 2023. For the period, the company revised on consolidated basis: sales to be JPY 91,000 million from JPY 87,000 million previous guidance, operating income to be JPY 9,700 million from JPY 8,500 million previous guidance, net income attributable to owners of the parent to be JPY 7,000 million from JPY 6,300 million previous guidance and net income per share to be JPY 503.67 from JPY 453.30 previous guidance.For the period, the company revised on non consolidated basis: sales to be JPY 57,000 million from JPY 55,000 million previous guidance, net income to be JPY 6,500 million from JPY 5,800 million previous guidance and net income per share to be JPY 468.82 from JPY 417.32 previous guidance.
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: JP¥60.08 (vs JP¥50.92 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.08 (up from JP¥50.92 in 3Q 2022). Revenue: JP¥21.4b (up 9.1% from 3Q 2022). Net income: JP¥833.0m (up 16% from 3Q 2022). Profit margin: 3.9% (up from 3.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 29% per year.
공시 • Oct 14CTI Engineering Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023CTI Engineering Co., Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023
New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: JP¥182 (vs JP¥95.62 in 2Q 2022)Second quarter 2023 results: EPS: JP¥182 (up from JP¥95.62 in 2Q 2022). Revenue: JP¥22.9b (up 25% from 2Q 2022). Net income: JP¥2.52b (up 86% from 2Q 2022). Profit margin: 11% (up from 7.4% 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 28% per year whereas the company’s share price has increased by 31% per year.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥4,100, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 139% over the past three years.
공시 • Jun 14CTI Engineering Co., Ltd. to Report Q2, 2023 Results on Aug 09, 2023CTI Engineering Co., Ltd. announced that they will report Q2, 2023 results on Aug 09, 2023
Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥198 (vs JP¥173 in 1Q 2022)First quarter 2023 results: EPS: JP¥198 (up from JP¥173 in 1Q 2022). Revenue: JP¥24.8b (up 5.2% from 1Q 2022). Net income: JP¥2.77b (up 13% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year and the company’s share price has also increased by 28% per year.
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: JP¥415 (vs JP¥316 in FY 2021)Full year 2022 results: EPS: JP¥415 (up from JP¥316 in FY 2021). Revenue: JP¥83.5b (up 12% from FY 2021). Net income: JP¥5.87b (up 31% from FY 2021). Profit margin: 7.0% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 25% per year.
Reported Earnings • Feb 20Full year 2022 earnings released: EPS: JP¥415 (vs JP¥316 in FY 2021)Full year 2022 results: EPS: JP¥415 (up from JP¥316 in FY 2021). Revenue: JP¥83.5b (up 12% from FY 2021). Net income: JP¥5.87b (up 31% from FY 2021). Profit margin: 7.0% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • Feb 15CTI Engineering Co., Ltd. (TSE:9621) announces an Equity Buyback for 480,000 shares, representing 3.39% for ¥1,000 million.CTI Engineering Co., Ltd. (TSE:9621) announces a share repurchase program. Under the program, the company will repurchase up to 480,000 shares, representing 3.39% of its share capital, for ¥1,000 million. The program is aimed at improving capital efficiency, enhancing shareholder returns, and a transfer system as an incentive for sustainable growth. The program will expire on July 31, 2023. As of December 31, 2022, the company had 14,139,608 shares in issue (excluding treasury stock) and 19,478 shares in treasury.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.7%).
공시 • Dec 06CTI Engineering Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023CTI Engineering Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥50.92 (vs JP¥63.65 in 3Q 2021)Third quarter 2022 results: EPS: JP¥50.92 (down from JP¥63.65 in 3Q 2021). Revenue: JP¥19.6b (up 20% from 3Q 2021). Net income: JP¥720.0m (down 20% from 3Q 2021). Profit margin: 3.7% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: JP¥50.92 (vs JP¥63.65 in 3Q 2021)Third quarter 2022 results: EPS: JP¥50.92 (down from JP¥63.65 in 3Q 2021). Revenue: JP¥19.6b (up 20% from 3Q 2021). Net income: JP¥720.0m (down 20% from 3Q 2021). Profit margin: 3.7% (down from 5.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • Sep 09CTI Engineering Co., Ltd. to Report Q3, 2022 Results on Nov 10, 2022CTI Engineering Co., Ltd. announced that they will report Q3, 2022 results on Nov 10, 2022
Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: JP¥95.61 (vs JP¥144 in 2Q 2021)Second quarter 2022 results: EPS: JP¥95.61 (down from JP¥144 in 2Q 2021). Revenue: JP¥18.3b (down 19% from 2Q 2021). Net income: JP¥1.35b (down 33% from 2Q 2021). Profit margin: 7.4% (down from 9.0% in 2Q 2021). The decrease in margin was driven by lower revenue. 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 19% per year, which means it is significantly lagging earnings growth.
공시 • May 29CTI Engineering Co., Ltd. to Report Q2, 2022 Results on Aug 09, 2022CTI Engineering Co., Ltd. announced that they will report Q2, 2022 results on Aug 09, 2022
Reported Earnings • May 13First quarter 2022 earnings released: EPS: JP¥173 (vs JP¥23.06 in 1Q 2021)First quarter 2022 results: EPS: JP¥173 (up from JP¥23.06 in 1Q 2021). Revenue: JP¥23.5b (up 85% from 1Q 2021). Net income: JP¥2.44b (up JP¥2.12b from 1Q 2021). Profit margin: 10% (up from 2.6% 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 32% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsNo 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. No independent directors (11 non-independent directors). Director Fumiko Kosao was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Apr 14CTI Engineering Co., Ltd. to Report Q1, 2022 Results on May 11, 2022CTI Engineering Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022
Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥316 (up from JP¥258 in FY 2020). Revenue: JP¥74.4b (up 14% from FY 2020). Net income: JP¥4.47b (up 23% from FY 2020). Profit margin: 6.0% (up from 5.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 24, 2022CTI Engineering Co., Ltd., Annual General Meeting, Mar 24, 2022.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.3%).
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS JP¥63.64 (vs JP¥54.95 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥16.4b (up 6.8% from 3Q 2020). Net income: JP¥900.0m (up 16% from 3Q 2020). Profit margin: 5.5% (up from 5.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 14First quarter 2021 earnings released: EPS JP¥23.06 (vs JP¥4.95 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥12.7b (up 11% from 1Q 2020). Net income: JP¥326.0m (up 366% from 1Q 2020). Profit margin: 2.6% (up from 0.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS JP¥258 (vs JP¥199 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥65.2b (up 4.1% from FY 2019). Net income: JP¥3.65b (up 30% from FY 2019). Profit margin: 5.6% (up from 4.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
공시 • Feb 16CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2021CTI Engineering Co., Ltd., Annual General Meeting, Mar 25, 2021.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥258 (vs JP¥199 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥65.2b (up 4.1% from FY 2019). Net income: JP¥3.65b (up 30% from FY 2019). Profit margin: 5.6% (up from 4.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 24% per year.
Is New 90 Day High Low • Jan 20New 90-day high: JP¥2,398The company is up 28% from its price of JP¥1,868 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 7.0% over the same period.
공시 • Dec 24CTI Engineering Co., Ltd. to Report Fiscal Year 2020 Results on Feb 12, 2021CTI Engineering Co., Ltd. announced that they will report fiscal year 2020 results on Feb 12, 2021
Is New 90 Day High Low • Dec 24New 90-day high: JP¥2,331The company is up 16% from its price of JP¥2,015 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 3.0% over the same period.
공시 • Oct 10CTI Engineering Co., Ltd. to Report Q3, 2020 Results on Nov 10, 2020CTI Engineering Co., Ltd. announced that they will report Q3, 2020 results on Nov 10, 2020
공시 • Jul 31CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire remaining 30% stake in CTI Engineering International Co., Ltd.CTI Engineering Co., Ltd. (TSE:9621) agreed to acquire remaining 30% stake in CTI Engineering International Co., Ltd. on July 28, 2020. Date of conclusion of share transfer agreement is early to mid-august, 2020. Post completion, CTI Engineering International Co., Ltd. will become wholly owned subsidiary of CTI Engineering Co., Ltd. Transaction is expected to be completed at the end of August, 2020. The impact of acquisition on CTI Engineering Co., Ltd. consolidated business results is immaterial.
공시 • Jun 29CTI Engineering Co., Ltd. to Report Q2, 2020 Results on Aug 11, 2020CTI Engineering Co., Ltd. announced that they will report Q2, 2020 results on Aug 11, 2020