View Future GrowthCMC 과거 순이익 실적과거 기준 점검 5/6CMC은 연평균 7.1%의 비율로 수입이 증가해 온 반면, Commercial Services 산업은 수입이 8.4% 증가했습니다. 매출은 연평균 2.6%의 비율로 증가했습니다. CMC의 자기자본이익률은 11.3%이고 순이익률은 13.2%입니다.핵심 정보7.07%순이익 성장률7.91%주당순이익(EPS) 성장률Commercial Services 산업 성장률11.33%매출 성장률2.57%자기자본이익률11.29%순이익률13.22%다음 순이익 업데이트06 Aug 2026최근 과거 실적 업데이트공고 • Jun 01CMC Corporation to Report Q3, 2026 Results on Aug 06, 2026CMC Corporation announced that they will report Q3, 2026 results on Aug 06, 2026Reported Earnings • May 15Second quarter 2026 earnings released: EPS: JP¥66.10 (vs JP¥48.26 in 2Q 2025)Second quarter 2026 results: EPS: JP¥66.10 (up from JP¥48.26 in 2Q 2025). Revenue: JP¥5.67b (up 8.5% from 2Q 2025). Net income: JP¥854.0m (up 35% from 2Q 2025). Profit margin: 15% (up from 12% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.공고 • May 01CMC Corporation to Report Q2, 2026 Results on May 05, 2026CMC Corporation announced that they will report Q2, 2026 results on May 05, 2026Reported Earnings • Feb 11First quarter 2026 earnings released: EPS: JP¥43.46 (vs JP¥37.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.46 (up from JP¥37.14 in 1Q 2025). Revenue: JP¥4.57b (up 2.3% from 1Q 2025). Net income: JP¥562.0m (up 15% from 1Q 2025). Profit margin: 12% (up from 11% in 1Q 2025). 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 13% per year, which means it is tracking significantly ahead of earnings growth.공고 • Dec 10CMC Corporation to Report Q1, 2026 Results on Feb 10, 2026CMC Corporation announced that they will report Q1, 2026 results on Feb 10, 2026분석 기사 • Nov 18We Think You Should Be Aware Of Some Concerning Factors In CMC's (TSE:2185) EarningsCMC Corporation's ( TSE:2185 ) healthy profit numbers didn't contain any surprises for investors. We believe that...모든 업데이트 보기Recent updatesDeclared Dividend • Jun 10First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 29th September 2026 Payment date: 22nd December 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 15% 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.공고 • Jun 01CMC Corporation to Report Q3, 2026 Results on Aug 06, 2026CMC Corporation announced that they will report Q3, 2026 results on Aug 06, 2026Reported Earnings • May 15Second quarter 2026 earnings released: EPS: JP¥66.10 (vs JP¥48.26 in 2Q 2025)Second quarter 2026 results: EPS: JP¥66.10 (up from JP¥48.26 in 2Q 2025). Revenue: JP¥5.67b (up 8.5% from 2Q 2025). Net income: JP¥854.0m (up 35% from 2Q 2025). Profit margin: 15% (up from 12% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.공고 • May 01CMC Corporation to Report Q2, 2026 Results on May 05, 2026CMC Corporation announced that they will report Q2, 2026 results on May 05, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).Reported Earnings • Feb 11First quarter 2026 earnings released: EPS: JP¥43.46 (vs JP¥37.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.46 (up from JP¥37.14 in 1Q 2025). Revenue: JP¥4.57b (up 2.3% from 1Q 2025). Net income: JP¥562.0m (up 15% from 1Q 2025). Profit margin: 12% (up from 11% in 1Q 2025). 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 13% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jan 08Final dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 30th March 2026 Payment date: 10th June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 15% 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 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공고 • Dec 10CMC Corporation to Report Q1, 2026 Results on Feb 10, 2026CMC Corporation announced that they will report Q1, 2026 results on Feb 10, 2026분석 기사 • Nov 18We Think You Should Be Aware Of Some Concerning Factors In CMC's (TSE:2185) EarningsCMC Corporation's ( TSE:2185 ) healthy profit numbers didn't contain any surprises for investors. We believe that...Reported Earnings • Nov 14Full year 2025 earnings released: EPS: JP¥164 (vs JP¥157 in FY 2024)Full year 2025 results: EPS: JP¥164 (up from JP¥157 in FY 2024). Revenue: JP¥18.3b (down 6.5% from FY 2024). Net income: JP¥2.15b (up 3.4% from FY 2024). Profit margin: 12% (up from 11% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.공고 • Nov 11CMC Corporation, Annual General Meeting, Dec 19, 2025CMC Corporation, Annual General Meeting, Dec 19, 2025.Upcoming Dividend • Sep 22Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 23 December 2025. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%).Buy Or Sell Opportunity • Sep 19Now 20% undervaluedOver the last 90 days, the stock has risen 18% to JP¥1,734. The fair value is estimated to be JP¥2,180, however this is not to be taken as a buy recommendation but rather should be used as a guide only.공고 • Sep 09CMC Corporation to Report Fiscal Year 2025 Results on Nov 11, 2025CMC Corporation announced that they will report fiscal year 2025 results on Nov 11, 2025Buy Or Sell Opportunity • Sep 03Now 20% undervaluedOver the last 90 days, the stock has risen 18% to JP¥1,737. The fair value is estimated to be JP¥2,175, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Reported Earnings • Aug 10Third quarter 2025 earnings released: EPS: JP¥14.87 (vs JP¥12.59 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.87 (up from JP¥12.59 in 3Q 2024). Revenue: JP¥3.66b (down 10% from 3Q 2024). Net income: JP¥194.0m (up 16% from 3Q 2024). Profit margin: 5.3% (up from 4.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Declared Dividend • Jun 11First half dividend of JP¥28.00 announcedShareholders will receive a dividend of JP¥28.00. Ex-date: 29th September 2025 Payment date: 23rd December 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (43% 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 15% 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 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공고 • May 31CMC Corporation to Report Q3, 2025 Results on Aug 08, 2025CMC Corporation announced that they will report Q3, 2025 results on Aug 08, 2025Reported Earnings • May 15Second quarter 2025 earnings released: EPS: JP¥48.25 (vs JP¥64.90 in 2Q 2024)Second quarter 2025 results: EPS: JP¥48.25 (down from JP¥64.90 in 2Q 2024). Revenue: JP¥5.22b (down 12% from 2Q 2024). Net income: JP¥634.0m (down 26% from 2Q 2024). Profit margin: 12% (down from 14% in 2Q 2024). The decrease in margin was driven by lower 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.공고 • Mar 04CMC Corporation to Report Q2, 2025 Results on May 13, 2025CMC Corporation announced that they will report Q2, 2025 results on May 13, 2025Reported Earnings • Feb 14First quarter 2025 earnings released: EPS: JP¥26.09 (vs JP¥7.09 in 1Q 2024)First quarter 2025 results: EPS: JP¥26.09 (up from JP¥7.09 in 1Q 2024). Revenue: JP¥3.71b (up 1.1% from 1Q 2024). Net income: JP¥346.0m (up 268% from 1Q 2024). Profit margin: 9.3% (up from 2.6% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.공고 • Dec 20CMC Corporation to Report Q1, 2025 Results on Feb 12, 2025CMC Corporation announced that they will report Q1, 2025 results on Feb 12, 2025분석 기사 • Nov 18CMC's (TSE:2185) Earnings Are Of Questionable QualityCMC Corporation ( TSE:2185 ) just reported some strong earnings, and the market reacted accordingly with a healthy...Reported Earnings • Nov 13Full year 2024 earnings released: EPS: JP¥157 (vs JP¥133 in FY 2023)Full year 2024 results: EPS: JP¥157 (up from JP¥133 in FY 2023). Revenue: JP¥19.5b (up 5.8% from FY 2023). Net income: JP¥2.08b (up 18% from FY 2023). Profit margin: 11% (up from 9.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.공고 • Nov 11CMC Corporation, Annual General Meeting, Dec 20, 2024CMC Corporation, Annual General Meeting, Dec 20, 2024.New Risk • Nov 11New 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 7.5% 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 Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (8.5% net profit margin).Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 28%After last week's 28% share price gain to JP¥1,492, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 21% over the past three years.Upcoming Dividend • Sep 20Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 25 December 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%).공고 • Sep 12CMC Corporation to Report Fiscal Year 2024 Results on Nov 11, 2024CMC Corporation announced that they will report fiscal year 2024 results on Nov 11, 2024Reported Earnings • Aug 13Third quarter 2024 earnings released: EPS: JP¥12.59 (vs JP¥9.20 in 3Q 2023)Third quarter 2024 results: EPS: JP¥12.59 (up from JP¥9.20 in 3Q 2023). Revenue: JP¥4.08b (up 21% from 3Q 2023). Net income: JP¥167.0m (up 37% from 3Q 2023). Profit margin: 4.1% (up from 3.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.분석 기사 • Aug 06Investors Could Be Concerned With CMC's (TSE:2185) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,065, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 17% over the past three years.공고 • Jun 08CMC Corporation to Report Q3, 2024 Results on Aug 09, 2024CMC Corporation announced that they will report Q3, 2024 results on Aug 09, 2024Reported Earnings • May 16Second quarter 2024 earnings released: EPS: JP¥64.90 (vs JP¥61.64 in 2Q 2023)Second quarter 2024 results: EPS: JP¥64.90 (up from JP¥61.64 in 2Q 2023). Revenue: JP¥5.96b (up 1.5% from 2Q 2023). Net income: JP¥861.0m (up 5.4% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공고 • Mar 01CMC Corporation to Report Q2, 2024 Results on May 13, 2024CMC Corporation announced that they will report Q2, 2024 results on May 13, 2024New Risk • Feb 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.0b (US$93.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 15First quarter 2024 earnings released: EPS: JP¥7.09 (vs JP¥26.88 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.09 (down from JP¥26.88 in 1Q 2023). Revenue: JP¥3.67b (down 11% from 1Q 2023). Net income: JP¥94.0m (down 74% from 1Q 2023). Profit margin: 2.6% (down from 8.6% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 28Full year 2023 earnings released: EPS: JP¥133 (vs JP¥151 in FY 2022)Full year 2023 results: EPS: JP¥133 (down from JP¥151 in FY 2022). Revenue: JP¥18.5b (up 3.0% from FY 2022). Net income: JP¥1.76b (down 12% from FY 2022). Profit margin: 9.5% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • Dec 06CMC Corporation to Report Q1, 2024 Results on Feb 13, 2024CMC Corporation announced that they will report Q1, 2024 results on Feb 13, 2024공고 • Nov 13CMC Corporation, Annual General Meeting, Dec 22, 2023CMC Corporation, Annual General Meeting, Dec 22, 2023.Reported Earnings • Nov 11Full year 2023 earnings released: EPS: JP¥133 (vs JP¥151 in FY 2022)Full year 2023 results: EPS: JP¥133 (down from JP¥151 in FY 2022). Revenue: JP¥18.5b (up 3.0% from FY 2022). Net income: JP¥1.76b (down 12% from FY 2022). Profit margin: 9.5% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 26 December 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%).공고 • Sep 14CMC Corporation to Report Fiscal Year 2023 Results on Nov 10, 2023CMC Corporation announced that they will report fiscal year 2023 results on Nov 10, 2023Reported Earnings • Aug 12Third quarter 2023 earnings released: EPS: JP¥9.20 (vs JP¥11.42 in 3Q 2022)Third quarter 2023 results: EPS: JP¥9.20 (down from JP¥11.42 in 3Q 2022). Revenue: JP¥3.37b (up 1.8% from 3Q 2022). Net income: JP¥122.0m (down 20% from 3Q 2022). Profit margin: 3.6% (down from 4.6% 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 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공고 • Aug 12CMC Corporation (TSE:2185) agreed to acquire 70% stake in Fuchu Jidosha K.K.CMC Corporation (TSE:2185) agreed to acquire 70% stake in Fuchu Jidosha K.K. on August 10, 2023. The transaction is expected to close by September 15, 2023.공고 • Jun 02CMC Corporation to Report Q3, 2023 Results on Aug 10, 2023CMC Corporation announced that they will report Q3, 2023 results on Aug 10, 2023Reported Earnings • May 14Second quarter 2023 earnings released: EPS: JP¥61.63 (vs JP¥33.58 in 2Q 2022)Second quarter 2023 results: EPS: JP¥61.63 (up from JP¥33.58 in 2Q 2022). Revenue: JP¥5.87b (up 28% from 2Q 2022). Net income: JP¥817.0m (up 83% from 2Q 2022). Profit margin: 14% (up from 9.7% 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 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 12First quarter 2023 earnings released: EPS: JP¥26.88 (vs JP¥22.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥26.88 (up from JP¥22.56 in 1Q 2022). Revenue: JP¥4.14b (up 14% from 1Q 2022). Net income: JP¥356.0m (up 19% from 1Q 2022). Profit margin: 8.6% (up from 8.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 28Full year 2022 earnings released: EPS: JP¥151 (vs JP¥119 in FY 2021)Full year 2022 results: EPS: JP¥151 (up from JP¥119 in FY 2021). Revenue: JP¥17.9b (up 3.4% from FY 2021). Net income: JP¥2.00b (up 24% from FY 2021). Profit margin: 11% (up from 9.3% 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 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공고 • Dec 01CMC Corporation to Report Q1, 2023 Results on Feb 10, 2023CMC Corporation announced that they will report Q1, 2023 results on Feb 10, 2023Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Kenichiro Otake was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Nov 13CMC Corporation, Annual General Meeting, Dec 23, 2022CMC Corporation, Annual General Meeting, Dec 23, 2022.공고 • Sep 23CMC Corporation to Report Q4, 2022 Results on Nov 11, 2022CMC Corporation announced that they will report Q4, 2022 results on Nov 11, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 27 December 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.3%).Reported Earnings • Aug 12Third quarter 2022 earnings released: EPS: JP¥11.42 (vs JP¥11.26 in 3Q 2021)Third quarter 2022 results: EPS: JP¥11.42 (up from JP¥11.26 in 3Q 2021). Revenue: JP¥3.31b (down 4.6% from 3Q 2021). Net income: JP¥152.0m (flat on 3Q 2021). Profit margin: 4.6% (up from 4.4% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공고 • Aug 11CMC Corporation (TSE:2185) announces an Equity Buyback for 80,000 shares, representing 0.6% for ¥100 million.CMC Corporation (TSE:2185) announces a share repurchase program. Under the program, the company will repurchase 80,000 shares, representing 0.6% of the outstanding shares for ¥100 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement an agile capital policy in response to changes in the business environment. The program will run until September 22, 2022. As of August 1, 2022, the company had 13,323,752 shares (excluding treasury stock) outstanding and 1,040,248 shares in treasury.공고 • Jun 05CMC Corporation to Report Q3, 2022 Results on Aug 10, 2022CMC Corporation announced that they will report Q3, 2022 results on Aug 10, 2022Reported Earnings • May 17Second quarter 2022 earnings released: EPS: JP¥33.58 (vs JP¥31.56 in 2Q 2021)Second quarter 2022 results: EPS: JP¥33.58 (up from JP¥31.56 in 2Q 2021). Revenue: JP¥4.59b (up 4.4% from 2Q 2021). Net income: JP¥447.0m (up 3.2% from 2Q 2021). Profit margin: 9.7% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Kenichiro Otake was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Apr 07CMC Corporation to Report Q2, 2022 Results on May 13, 2022CMC Corporation announced that they will report Q2, 2022 results on May 13, 2022Reported Earnings • Feb 12First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: EPS: JP¥22.56 (up from JP¥8.13 in 1Q 2021). Revenue: JP¥3.62b (up 10% from 1Q 2021). Net income: JP¥300.0m (up 166% from 1Q 2021). Profit margin: 8.3% (up from 3.4% in 1Q 2021). 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 11% per year whereas the company’s share price has increased by 13% per year.Reported Earnings • Nov 12Full year 2021 earnings released: EPS JP¥238 (vs JP¥96.59 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥17.3b (up 1.5% from FY 2020). Net income: JP¥1.62b (up 20% from FY 2020). Profit margin: 9.3% (up from 7.9% in FY 2020). Over the last 3 years on average, earnings per share has increased by 21% 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 • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 28 December 2021. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (1.9%).Reported Earnings • Aug 13Third quarter 2021 earnings released: EPS JP¥22.52 (vs JP¥10.84 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.47b (up 11% from 3Q 2020). Net income: JP¥152.0m (up 100% from 3Q 2020). Profit margin: 4.4% (up from 2.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.Reported Earnings • May 19Second quarter 2021 earnings released: EPS JP¥63.12 (vs JP¥50.18 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥4.39b (down 10.0% from 2Q 2020). Net income: JP¥433.0m (up 22% from 2Q 2020). Profit margin: 9.9% (up from 7.3% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year.공고 • May 15CMC Corporation (JASDAQ:2185) announces an Equity Buyback for 120,000 shares, representing 1.78% for ¥300 million.CMC Corporation (JASDAQ:2185) announces a share repurchase program. Under the program, the company will repurchase 120,000 shares, representing 1.78% of the outstanding shares for ¥300 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement an agile capital policy in response to changes in the business environment. The program will run until July 30, 2021. As of April 30, 2021, the company had 7,182,000 shares (excluding treasury stock) outstanding and 423,909 shares in treasury.분석 기사 • Mar 18Returns On Capital At CMC (TYO:2185) Paint An Interesting PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공고 • Mar 06CMC Corporation to Report Q2, 2021 Results on May 14, 2021CMC Corporation announced that they will report Q2, 2021 results on May 14, 2021분석 기사 • Mar 01Here's How We Evaluate CMC Corporation's (TYO:2185) DividendIs CMC Corporation ( TYO:2185 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥2,151, the stock is trading at a trailing P/E ratio of 11.7x, down from the previous P/E ratio of 14x. This compares to an average P/E of 16x in the Commercial Services industry in Japan. Total return to shareholders over the past three years is a loss of 24%.Is New 90 Day High Low • Feb 18New 90-day low: JP¥2,201The company is down 3.0% from its price of JP¥2,265 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 4.0% over the same period.Reported Earnings • Feb 14First quarter 2021 earnings released: EPS JP¥16.27 (vs JP¥25.92 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥3.28b (down 18% from 1Q 2020). Net income: JP¥113.0m (down 38% from 1Q 2020). Profit margin: 3.4% (down from 4.5% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year.분석 기사 • Feb 11Shareholders Of CMC (TYO:2185) Must Be Happy With Their 261% Total ReturnThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...분석 기사 • Jan 24Is CMC Corporation's (TYO:2185) Latest Stock Performance A Reflection Of Its Financial Health?CMC (TYO:2185) has had a great run on the share market with its stock up by a significant 24% over the last three...분석 기사 • Jan 06What Type Of Shareholders Make Up CMC Corporation's (TYO:2185) Share Registry?The big shareholder groups in CMC Corporation ( TYO:2185 ) have power over the company. Insiders often own a large...Is New 90 Day High Low • Dec 18New 90-day high: JP¥2,608The company is up 31% from its price of JP¥1,996 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 1.0% over the same period.분석 기사 • Dec 13Will CMC (TYO:2185) Multiply In Value Going Forward?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...공고 • Dec 05CMC Corporation to Report Q1, 2021 Results on Feb 12, 2021CMC Corporation announced that they will report Q1, 2021 results on Feb 12, 2021분석 기사 • Nov 25What To Know Before Buying CMC Corporation (TYO:2185) For Its DividendToday we'll take a closer look at CMC Corporation (TYO:2185) from a dividend investor's perspective. Owning a strong...Reported Earnings • Nov 14Full year 2020 earnings released: EPS JP¥193The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥17.1b (down 11% from FY 2019). Net income: JP¥1.35b (up 3.0% from FY 2019). Profit margin: 7.9% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses. 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 10% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 18% share price gain to JP¥2,300, the stock is trading at a trailing P/E ratio of 14x, up from the previous P/E ratio of 11.8x. This compares to an average P/E of 14x in the Commercial Services industry in Japan. Total returns to shareholders over the past three years are 40%.Is New 90 Day High Low • Nov 05New 90-day high: JP¥2,129The company is up 8.0% from its price of JP¥1,966 on 07 August 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 2.0% over the same period.Is New 90 Day High Low • Oct 09New 90-day low: JP¥1,930The company is down 7.0% from its price of JP¥2,070 on 10 July 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 1.0% over the same period.공고 • Sep 03CMC Corporation to Report Fiscal Year 2020 Results on Nov 11, 2020CMC Corporation announced that they will report fiscal year 2020 results on Nov 11, 2020매출 및 비용 세부 내역CMC가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:2185 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 2619,5562,5854,317031 Dec 2519,1122,3654,273030 Sep 2518,2562,1494,209030 Jun 2518,4112,1304,167031 Mar 2518,8242,1034,353031 Dec 2419,1742,0914,327030 Sep 2419,5232,0784,299030 Jun 2418,7771,5894,282031 Mar 2418,0731,5444,141031 Dec 2317,9821,5004,184030 Sep 2318,4511,7624,241030 Jun 2319,7862,3994,297031 Mar 2319,7262,4294,291031 Dec 2218,4422,0594,255030 Sep 2217,9172,0034,270030 Jun 2217,7051,8194,289031 Mar 2217,8641,8194,269031 Dec 2117,6701,8054,249030 Sep 2117,3311,6184,264030 Jun 2116,2271,4394,124031 Mar 2115,8731,3634,138031 Dec 2016,3601,2864,184030 Sep 2017,0711,3544,179030 Jun 2017,4501,1544,512031 Mar 2018,2801,1824,647031 Dec 1918,5611,1104,744030 Sep 1919,2511,3144,859030 Jun 1918,5531,1064,693031 Mar 1919,0401,3224,546031 Dec 1818,5091,3354,342030 Sep 1818,1141,3224,202030 Jun 1818,4091,4914,072031 Mar 1817,6241,1764,112031 Dec 1717,4851,0874,128030 Sep 1716,8899384,049030 Jun 1716,7648503,982031 Mar 1716,0977723,865031 Dec 1616,4048413,866030 Sep 1616,4997713,925030 Jun 1617,1837623,944031 Mar 1617,3088983,886031 Dec 1517,3089493,832030 Sep 1517,3231,0023,7360양질의 수익: 2185는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 2185의 현재 순 이익률 (13.2%)은 지난해 (11.2%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 2185의 수익은 지난 5년 동안 연평균 7.1% 증가했습니다.성장 가속화: 지난 1년간 2185 의 수익 증가율(22.9%)은 연간 평균(7.1%)을 초과합니다.수익 대 산업: 2185의 지난 1년 수익 증가율(22.9%)은 Commercial Services 업계의 8.1%를 상회했습니다.자기자본이익률높은 ROE: 2185의 자본 수익률(11.3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCommercial-services 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/21 02:53종가2026/07/21 00:00수익2026/03/31연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스CMC Corporation는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yoko MizoguchiIchiyoshi Research Institute Inc.Mamoru KatouTokai Tokyo Intelligence Laboratory Co., Ltd.
공고 • Jun 01CMC Corporation to Report Q3, 2026 Results on Aug 06, 2026CMC Corporation announced that they will report Q3, 2026 results on Aug 06, 2026
Reported Earnings • May 15Second quarter 2026 earnings released: EPS: JP¥66.10 (vs JP¥48.26 in 2Q 2025)Second quarter 2026 results: EPS: JP¥66.10 (up from JP¥48.26 in 2Q 2025). Revenue: JP¥5.67b (up 8.5% from 2Q 2025). Net income: JP¥854.0m (up 35% from 2Q 2025). Profit margin: 15% (up from 12% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.
공고 • May 01CMC Corporation to Report Q2, 2026 Results on May 05, 2026CMC Corporation announced that they will report Q2, 2026 results on May 05, 2026
Reported Earnings • Feb 11First quarter 2026 earnings released: EPS: JP¥43.46 (vs JP¥37.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.46 (up from JP¥37.14 in 1Q 2025). Revenue: JP¥4.57b (up 2.3% from 1Q 2025). Net income: JP¥562.0m (up 15% from 1Q 2025). Profit margin: 12% (up from 11% in 1Q 2025). 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 13% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Dec 10CMC Corporation to Report Q1, 2026 Results on Feb 10, 2026CMC Corporation announced that they will report Q1, 2026 results on Feb 10, 2026
분석 기사 • Nov 18We Think You Should Be Aware Of Some Concerning Factors In CMC's (TSE:2185) EarningsCMC Corporation's ( TSE:2185 ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Declared Dividend • Jun 10First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 29th September 2026 Payment date: 22nd December 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 15% 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.
공고 • Jun 01CMC Corporation to Report Q3, 2026 Results on Aug 06, 2026CMC Corporation announced that they will report Q3, 2026 results on Aug 06, 2026
Reported Earnings • May 15Second quarter 2026 earnings released: EPS: JP¥66.10 (vs JP¥48.26 in 2Q 2025)Second quarter 2026 results: EPS: JP¥66.10 (up from JP¥48.26 in 2Q 2025). Revenue: JP¥5.67b (up 8.5% from 2Q 2025). Net income: JP¥854.0m (up 35% from 2Q 2025). Profit margin: 15% (up from 12% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.
공고 • May 01CMC Corporation to Report Q2, 2026 Results on May 05, 2026CMC Corporation announced that they will report Q2, 2026 results on May 05, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).
Reported Earnings • Feb 11First quarter 2026 earnings released: EPS: JP¥43.46 (vs JP¥37.14 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.46 (up from JP¥37.14 in 1Q 2025). Revenue: JP¥4.57b (up 2.3% from 1Q 2025). Net income: JP¥562.0m (up 15% from 1Q 2025). Profit margin: 12% (up from 11% in 1Q 2025). 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 13% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jan 08Final dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 30th March 2026 Payment date: 10th June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 15% 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 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공고 • Dec 10CMC Corporation to Report Q1, 2026 Results on Feb 10, 2026CMC Corporation announced that they will report Q1, 2026 results on Feb 10, 2026
분석 기사 • Nov 18We Think You Should Be Aware Of Some Concerning Factors In CMC's (TSE:2185) EarningsCMC Corporation's ( TSE:2185 ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Reported Earnings • Nov 14Full year 2025 earnings released: EPS: JP¥164 (vs JP¥157 in FY 2024)Full year 2025 results: EPS: JP¥164 (up from JP¥157 in FY 2024). Revenue: JP¥18.3b (down 6.5% from FY 2024). Net income: JP¥2.15b (up 3.4% from FY 2024). Profit margin: 12% (up from 11% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
공고 • Nov 11CMC Corporation, Annual General Meeting, Dec 19, 2025CMC Corporation, Annual General Meeting, Dec 19, 2025.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 23 December 2025. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%).
Buy Or Sell Opportunity • Sep 19Now 20% undervaluedOver the last 90 days, the stock has risen 18% to JP¥1,734. The fair value is estimated to be JP¥2,180, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
공고 • Sep 09CMC Corporation to Report Fiscal Year 2025 Results on Nov 11, 2025CMC Corporation announced that they will report fiscal year 2025 results on Nov 11, 2025
Buy Or Sell Opportunity • Sep 03Now 20% undervaluedOver the last 90 days, the stock has risen 18% to JP¥1,737. The fair value is estimated to be JP¥2,175, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Reported Earnings • Aug 10Third quarter 2025 earnings released: EPS: JP¥14.87 (vs JP¥12.59 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.87 (up from JP¥12.59 in 3Q 2024). Revenue: JP¥3.66b (down 10% from 3Q 2024). Net income: JP¥194.0m (up 16% from 3Q 2024). Profit margin: 5.3% (up from 4.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Declared Dividend • Jun 11First half dividend of JP¥28.00 announcedShareholders will receive a dividend of JP¥28.00. Ex-date: 29th September 2025 Payment date: 23rd December 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (43% 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 15% 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 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공고 • May 31CMC Corporation to Report Q3, 2025 Results on Aug 08, 2025CMC Corporation announced that they will report Q3, 2025 results on Aug 08, 2025
Reported Earnings • May 15Second quarter 2025 earnings released: EPS: JP¥48.25 (vs JP¥64.90 in 2Q 2024)Second quarter 2025 results: EPS: JP¥48.25 (down from JP¥64.90 in 2Q 2024). Revenue: JP¥5.22b (down 12% from 2Q 2024). Net income: JP¥634.0m (down 26% from 2Q 2024). Profit margin: 12% (down from 14% in 2Q 2024). The decrease in margin was driven by lower 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.
공고 • Mar 04CMC Corporation to Report Q2, 2025 Results on May 13, 2025CMC Corporation announced that they will report Q2, 2025 results on May 13, 2025
Reported Earnings • Feb 14First quarter 2025 earnings released: EPS: JP¥26.09 (vs JP¥7.09 in 1Q 2024)First quarter 2025 results: EPS: JP¥26.09 (up from JP¥7.09 in 1Q 2024). Revenue: JP¥3.71b (up 1.1% from 1Q 2024). Net income: JP¥346.0m (up 268% from 1Q 2024). Profit margin: 9.3% (up from 2.6% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Dec 20CMC Corporation to Report Q1, 2025 Results on Feb 12, 2025CMC Corporation announced that they will report Q1, 2025 results on Feb 12, 2025
분석 기사 • Nov 18CMC's (TSE:2185) Earnings Are Of Questionable QualityCMC Corporation ( TSE:2185 ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Reported Earnings • Nov 13Full year 2024 earnings released: EPS: JP¥157 (vs JP¥133 in FY 2023)Full year 2024 results: EPS: JP¥157 (up from JP¥133 in FY 2023). Revenue: JP¥19.5b (up 5.8% from FY 2023). Net income: JP¥2.08b (up 18% from FY 2023). Profit margin: 11% (up from 9.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
공고 • Nov 11CMC Corporation, Annual General Meeting, Dec 20, 2024CMC Corporation, Annual General Meeting, Dec 20, 2024.
New Risk • Nov 11New 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 7.5% 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 Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (8.5% net profit margin).
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 28%After last week's 28% share price gain to JP¥1,492, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 21% over the past three years.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 25 December 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%).
공고 • Sep 12CMC Corporation to Report Fiscal Year 2024 Results on Nov 11, 2024CMC Corporation announced that they will report fiscal year 2024 results on Nov 11, 2024
Reported Earnings • Aug 13Third quarter 2024 earnings released: EPS: JP¥12.59 (vs JP¥9.20 in 3Q 2023)Third quarter 2024 results: EPS: JP¥12.59 (up from JP¥9.20 in 3Q 2023). Revenue: JP¥4.08b (up 21% from 3Q 2023). Net income: JP¥167.0m (up 37% from 3Q 2023). Profit margin: 4.1% (up from 3.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
분석 기사 • Aug 06Investors Could Be Concerned With CMC's (TSE:2185) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,065, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 17% over the past three years.
공고 • Jun 08CMC Corporation to Report Q3, 2024 Results on Aug 09, 2024CMC Corporation announced that they will report Q3, 2024 results on Aug 09, 2024
Reported Earnings • May 16Second quarter 2024 earnings released: EPS: JP¥64.90 (vs JP¥61.64 in 2Q 2023)Second quarter 2024 results: EPS: JP¥64.90 (up from JP¥61.64 in 2Q 2023). Revenue: JP¥5.96b (up 1.5% from 2Q 2023). Net income: JP¥861.0m (up 5.4% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공고 • Mar 01CMC Corporation to Report Q2, 2024 Results on May 13, 2024CMC Corporation announced that they will report Q2, 2024 results on May 13, 2024
New Risk • Feb 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.0b (US$93.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 15First quarter 2024 earnings released: EPS: JP¥7.09 (vs JP¥26.88 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.09 (down from JP¥26.88 in 1Q 2023). Revenue: JP¥3.67b (down 11% from 1Q 2023). Net income: JP¥94.0m (down 74% from 1Q 2023). Profit margin: 2.6% (down from 8.6% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 28Full year 2023 earnings released: EPS: JP¥133 (vs JP¥151 in FY 2022)Full year 2023 results: EPS: JP¥133 (down from JP¥151 in FY 2022). Revenue: JP¥18.5b (up 3.0% from FY 2022). Net income: JP¥1.76b (down 12% from FY 2022). Profit margin: 9.5% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • Dec 06CMC Corporation to Report Q1, 2024 Results on Feb 13, 2024CMC Corporation announced that they will report Q1, 2024 results on Feb 13, 2024
공고 • Nov 13CMC Corporation, Annual General Meeting, Dec 22, 2023CMC Corporation, Annual General Meeting, Dec 22, 2023.
Reported Earnings • Nov 11Full year 2023 earnings released: EPS: JP¥133 (vs JP¥151 in FY 2022)Full year 2023 results: EPS: JP¥133 (down from JP¥151 in FY 2022). Revenue: JP¥18.5b (up 3.0% from FY 2022). Net income: JP¥1.76b (down 12% from FY 2022). Profit margin: 9.5% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 26 December 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%).
공고 • Sep 14CMC Corporation to Report Fiscal Year 2023 Results on Nov 10, 2023CMC Corporation announced that they will report fiscal year 2023 results on Nov 10, 2023
Reported Earnings • Aug 12Third quarter 2023 earnings released: EPS: JP¥9.20 (vs JP¥11.42 in 3Q 2022)Third quarter 2023 results: EPS: JP¥9.20 (down from JP¥11.42 in 3Q 2022). Revenue: JP¥3.37b (up 1.8% from 3Q 2022). Net income: JP¥122.0m (down 20% from 3Q 2022). Profit margin: 3.6% (down from 4.6% 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 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공고 • Aug 12CMC Corporation (TSE:2185) agreed to acquire 70% stake in Fuchu Jidosha K.K.CMC Corporation (TSE:2185) agreed to acquire 70% stake in Fuchu Jidosha K.K. on August 10, 2023. The transaction is expected to close by September 15, 2023.
공고 • Jun 02CMC Corporation to Report Q3, 2023 Results on Aug 10, 2023CMC Corporation announced that they will report Q3, 2023 results on Aug 10, 2023
Reported Earnings • May 14Second quarter 2023 earnings released: EPS: JP¥61.63 (vs JP¥33.58 in 2Q 2022)Second quarter 2023 results: EPS: JP¥61.63 (up from JP¥33.58 in 2Q 2022). Revenue: JP¥5.87b (up 28% from 2Q 2022). Net income: JP¥817.0m (up 83% from 2Q 2022). Profit margin: 14% (up from 9.7% 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 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 12First quarter 2023 earnings released: EPS: JP¥26.88 (vs JP¥22.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥26.88 (up from JP¥22.56 in 1Q 2022). Revenue: JP¥4.14b (up 14% from 1Q 2022). Net income: JP¥356.0m (up 19% from 1Q 2022). Profit margin: 8.6% (up from 8.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 28Full year 2022 earnings released: EPS: JP¥151 (vs JP¥119 in FY 2021)Full year 2022 results: EPS: JP¥151 (up from JP¥119 in FY 2021). Revenue: JP¥17.9b (up 3.4% from FY 2021). Net income: JP¥2.00b (up 24% from FY 2021). Profit margin: 11% (up from 9.3% 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 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공고 • Dec 01CMC Corporation to Report Q1, 2023 Results on Feb 10, 2023CMC Corporation announced that they will report Q1, 2023 results on Feb 10, 2023
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Kenichiro Otake was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Nov 13CMC Corporation, Annual General Meeting, Dec 23, 2022CMC Corporation, Annual General Meeting, Dec 23, 2022.
공고 • Sep 23CMC Corporation to Report Q4, 2022 Results on Nov 11, 2022CMC Corporation announced that they will report Q4, 2022 results on Nov 11, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 27 December 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.3%).
Reported Earnings • Aug 12Third quarter 2022 earnings released: EPS: JP¥11.42 (vs JP¥11.26 in 3Q 2021)Third quarter 2022 results: EPS: JP¥11.42 (up from JP¥11.26 in 3Q 2021). Revenue: JP¥3.31b (down 4.6% from 3Q 2021). Net income: JP¥152.0m (flat on 3Q 2021). Profit margin: 4.6% (up from 4.4% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공고 • Aug 11CMC Corporation (TSE:2185) announces an Equity Buyback for 80,000 shares, representing 0.6% for ¥100 million.CMC Corporation (TSE:2185) announces a share repurchase program. Under the program, the company will repurchase 80,000 shares, representing 0.6% of the outstanding shares for ¥100 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement an agile capital policy in response to changes in the business environment. The program will run until September 22, 2022. As of August 1, 2022, the company had 13,323,752 shares (excluding treasury stock) outstanding and 1,040,248 shares in treasury.
공고 • Jun 05CMC Corporation to Report Q3, 2022 Results on Aug 10, 2022CMC Corporation announced that they will report Q3, 2022 results on Aug 10, 2022
Reported Earnings • May 17Second quarter 2022 earnings released: EPS: JP¥33.58 (vs JP¥31.56 in 2Q 2021)Second quarter 2022 results: EPS: JP¥33.58 (up from JP¥31.56 in 2Q 2021). Revenue: JP¥4.59b (up 4.4% from 2Q 2021). Net income: JP¥447.0m (up 3.2% from 2Q 2021). Profit margin: 9.7% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Kenichiro Otake was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Apr 07CMC Corporation to Report Q2, 2022 Results on May 13, 2022CMC Corporation announced that they will report Q2, 2022 results on May 13, 2022
Reported Earnings • Feb 12First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: EPS: JP¥22.56 (up from JP¥8.13 in 1Q 2021). Revenue: JP¥3.62b (up 10% from 1Q 2021). Net income: JP¥300.0m (up 166% from 1Q 2021). Profit margin: 8.3% (up from 3.4% in 1Q 2021). 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 11% per year whereas the company’s share price has increased by 13% per year.
Reported Earnings • Nov 12Full year 2021 earnings released: EPS JP¥238 (vs JP¥96.59 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥17.3b (up 1.5% from FY 2020). Net income: JP¥1.62b (up 20% from FY 2020). Profit margin: 9.3% (up from 7.9% in FY 2020). Over the last 3 years on average, earnings per share has increased by 21% 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 • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 28 December 2021. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (1.9%).
Reported Earnings • Aug 13Third quarter 2021 earnings released: EPS JP¥22.52 (vs JP¥10.84 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.47b (up 11% from 3Q 2020). Net income: JP¥152.0m (up 100% from 3Q 2020). Profit margin: 4.4% (up from 2.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
Reported Earnings • May 19Second quarter 2021 earnings released: EPS JP¥63.12 (vs JP¥50.18 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥4.39b (down 10.0% from 2Q 2020). Net income: JP¥433.0m (up 22% from 2Q 2020). Profit margin: 9.9% (up from 7.3% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year.
공고 • May 15CMC Corporation (JASDAQ:2185) announces an Equity Buyback for 120,000 shares, representing 1.78% for ¥300 million.CMC Corporation (JASDAQ:2185) announces a share repurchase program. Under the program, the company will repurchase 120,000 shares, representing 1.78% of the outstanding shares for ¥300 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement an agile capital policy in response to changes in the business environment. The program will run until July 30, 2021. As of April 30, 2021, the company had 7,182,000 shares (excluding treasury stock) outstanding and 423,909 shares in treasury.
분석 기사 • Mar 18Returns On Capital At CMC (TYO:2185) Paint An Interesting PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공고 • Mar 06CMC Corporation to Report Q2, 2021 Results on May 14, 2021CMC Corporation announced that they will report Q2, 2021 results on May 14, 2021
분석 기사 • Mar 01Here's How We Evaluate CMC Corporation's (TYO:2185) DividendIs CMC Corporation ( TYO:2185 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥2,151, the stock is trading at a trailing P/E ratio of 11.7x, down from the previous P/E ratio of 14x. This compares to an average P/E of 16x in the Commercial Services industry in Japan. Total return to shareholders over the past three years is a loss of 24%.
Is New 90 Day High Low • Feb 18New 90-day low: JP¥2,201The company is down 3.0% from its price of JP¥2,265 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 4.0% over the same period.
Reported Earnings • Feb 14First quarter 2021 earnings released: EPS JP¥16.27 (vs JP¥25.92 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥3.28b (down 18% from 1Q 2020). Net income: JP¥113.0m (down 38% from 1Q 2020). Profit margin: 3.4% (down from 4.5% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year.
분석 기사 • Feb 11Shareholders Of CMC (TYO:2185) Must Be Happy With Their 261% Total ReturnThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
분석 기사 • Jan 24Is CMC Corporation's (TYO:2185) Latest Stock Performance A Reflection Of Its Financial Health?CMC (TYO:2185) has had a great run on the share market with its stock up by a significant 24% over the last three...
분석 기사 • Jan 06What Type Of Shareholders Make Up CMC Corporation's (TYO:2185) Share Registry?The big shareholder groups in CMC Corporation ( TYO:2185 ) have power over the company. Insiders often own a large...
Is New 90 Day High Low • Dec 18New 90-day high: JP¥2,608The company is up 31% from its price of JP¥1,996 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 1.0% over the same period.
분석 기사 • Dec 13Will CMC (TYO:2185) Multiply In Value Going Forward?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
공고 • Dec 05CMC Corporation to Report Q1, 2021 Results on Feb 12, 2021CMC Corporation announced that they will report Q1, 2021 results on Feb 12, 2021
분석 기사 • Nov 25What To Know Before Buying CMC Corporation (TYO:2185) For Its DividendToday we'll take a closer look at CMC Corporation (TYO:2185) from a dividend investor's perspective. Owning a strong...
Reported Earnings • Nov 14Full year 2020 earnings released: EPS JP¥193The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥17.1b (down 11% from FY 2019). Net income: JP¥1.35b (up 3.0% from FY 2019). Profit margin: 7.9% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses. 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 10% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 18% share price gain to JP¥2,300, the stock is trading at a trailing P/E ratio of 14x, up from the previous P/E ratio of 11.8x. This compares to an average P/E of 14x in the Commercial Services industry in Japan. Total returns to shareholders over the past three years are 40%.
Is New 90 Day High Low • Nov 05New 90-day high: JP¥2,129The company is up 8.0% from its price of JP¥1,966 on 07 August 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Oct 09New 90-day low: JP¥1,930The company is down 7.0% from its price of JP¥2,070 on 10 July 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 1.0% over the same period.
공고 • Sep 03CMC Corporation to Report Fiscal Year 2020 Results on Nov 11, 2020CMC Corporation announced that they will report fiscal year 2020 results on Nov 11, 2020