First-corporation (1430) 주식 개요퍼스트 코퍼레이션은 일본에서 종합 건설 회사로 운영되고 있습니다. 자세히 보기1430 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적2/6재무 건전성3/6배당3/6강점주가수익률(7.4x)이 JP 시장(13.5x)보다 낮습니다.위험 분석부채는 operating cash flow로 충분히 감당되지 않습니다.지난 1년 동안 매출이 23.5% 감소했습니다.의미 있는 시가총액이 없습니다(¥11B)5.09% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.모든 위험 점검 보기1430 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥903.0044.9% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture042b2016201920222025202620282031Revenue JP¥32.4bEarnings JP¥1.5bAdvancedSet Fair ValueView all narrativesFirst-corporation Inc. 경쟁사AvantiaSymbol: TSE:8904Market cap: JP¥12.0bMbsSymbol: TSE:1401Market cap: JP¥9.3bSanyo HomesSymbol: TSE:1420Market cap: JP¥7.6bArr PlannerSymbol: TSE:2983Market cap: JP¥15.8b가격 이력 및 성과First-corporation 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥903.0052주 최고가JP¥1,151.0052주 최저가JP¥835.00베타0.211개월 변동-16.23%3개월 변동-12.75%1년 변동6.74%3년 변동18.66%5년 변동19.44%IPO 이후 변동92.13%최근 뉴스 및 업데이트Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.분석 기사 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 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 and the company’s share price has also increased by 7% per year.공시 • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026분석 기사 • Jan 21First-corporation's (TSE:1430) Problems Go Beyond Weak ProfitA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. We...더 많은 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.분석 기사 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 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 and the company’s share price has also increased by 7% per year.공시 • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026분석 기사 • Jan 21First-corporation's (TSE:1430) Problems Go Beyond Weak ProfitA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. We...분석 기사 • Jan 16First-corporation's (TSE:1430) Dividend Will Be Increased To ¥44.00The board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥44.00 on the...Declared Dividend • Jan 16Dividend increased to JP¥44.00Dividend of JP¥44.00 is 4.8% higher than last year. Ex-date: 28th May 2026 Payment date: 27th August 2026 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (40% 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 12% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 56% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.7% EPS decline seen over the last 5 years.New Risk • Jan 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Revenue has declined by 26% over the past year. Minor Risk Market cap is less than US$100m (JP¥12.3b market cap, or US$77.7m).Reported Earnings • Jan 15Second quarter 2026 earnings released: EPS: JP¥27.72 (vs JP¥55.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥27.72 (down from JP¥55.16 in 2Q 2025). Revenue: JP¥7.84b (down 60% from 2Q 2025). Net income: JP¥332.0m (down 50% from 2Q 2025). Profit margin: 4.2% (up from 3.4% in 2Q 2025). The increase in margin was driven by lower expenses.공시 • Nov 27First-corporation Inc. to Report Q2, 2026 Results on Jan 14, 2026First-corporation Inc. announced that they will report Q2, 2026 results on Jan 14, 2026Reported Earnings • Oct 15First quarter 2026 earnings released: EPS: JP¥23.69 (vs JP¥30.55 in 1Q 2025)First quarter 2026 results: EPS: JP¥23.69 (down from JP¥30.55 in 1Q 2025). Revenue: JP¥7.42b (down 3.5% from 1Q 2025). Net income: JP¥283.0m (down 23% from 1Q 2025). Profit margin: 3.8% (down from 4.7% in 1Q 2025). The decrease in margin was driven by lower revenue.Reported Earnings • Sep 02Full year 2025 earnings released: EPS: JP¥140 (vs JP¥79.07 in FY 2024)Full year 2025 results: EPS: JP¥140 (up from JP¥79.07 in FY 2024). Revenue: JP¥43.2b (up 52% from FY 2024). Net income: JP¥1.67b (up 77% from FY 2024). Profit margin: 3.9% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue.공시 • Aug 27First-corporation Inc. to Report Q1, 2026 Results on Oct 14, 2025First-corporation Inc. announced that they will report Q1, 2026 results on Oct 14, 2025Reported Earnings • Jul 17Full year 2025 earnings releasedFull year 2025 results: Net income: (down JP¥944.0m from profit in FY 2024).공시 • Jul 15First-corporation Inc., Annual General Meeting, Aug 26, 2025First-corporation Inc., Annual General Meeting, Aug 26, 2025.공시 • Jul 07First-corporation Inc. to Report Fiscal Year 2025 Results on Jul 15, 2025First-corporation Inc. announced that they will report fiscal year 2025 results on Jul 15, 2025Upcoming Dividend • May 22Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).Reported Earnings • Apr 15Third quarter 2025 earnings released: EPS: JP¥14.65 (vs JP¥6.70 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.65 (up from JP¥6.70 in 3Q 2024). Revenue: JP¥7.54b (flat on 3Q 2024). Net income: JP¥175.0m (up 119% from 3Q 2024). Profit margin: 2.3% (up from 1.1% in 3Q 2024).분석 기사 • Feb 28First-corporation (TSE:1430) Is Increasing Its Dividend To ¥42.00First-corporation Inc.'s ( TSE:1430 ) dividend will be increasing from last year's payment of the same period to ¥42.00...공시 • Feb 27First-corporation Inc. to Report Q3, 2025 Results on Apr 14, 2025First-corporation Inc. announced that they will report Q3, 2025 results on Apr 14, 2025분석 기사 • Jan 21First-corporation's (TSE:1430) Profits Appear To Have Quality IssuesFirst-corporation Inc.'s ( TSE:1430 ) healthy profit numbers didn't contain any surprises for investors. We think this...분석 기사 • Jan 16First-corporation's (TSE:1430) Upcoming Dividend Will Be Larger Than Last Year'sThe board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥42.00 on the...Declared Dividend • Jan 16Dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th May 2025 Payment date: 26th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (24% 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 11% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 15Second quarter 2025 earnings released: EPS: JP¥55.16 (vs JP¥6.70 in 2Q 2024)Second quarter 2025 results: EPS: JP¥55.16 (up from JP¥6.70 in 2Q 2024). Revenue: JP¥19.5b (up 158% from 2Q 2024). Net income: JP¥659.0m (up JP¥579.0m from 2Q 2024). Profit margin: 3.4% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue.공시 • Nov 29First-corporation Inc. to Report Q2, 2025 Results on Jan 14, 2025First-corporation Inc. announced that they will report Q2, 2025 results on Jan 14, 2025New Risk • Oct 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥9.95b market cap, or US$66.4m).Reported Earnings • Oct 18First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: JP¥30.55. Net income: JP¥365.0m (up JP¥365.0m from 1Q 2024).공시 • Aug 29First-corporation Inc. to Report Q1, 2025 Results on Oct 15, 2024First-corporation Inc. announced that they will report Q1, 2025 results on Oct 15, 2024Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥643, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total loss to shareholders of 4.4% over the past three years.분석 기사 • Jul 19First-corporation's (TSE:1430) Anemic Earnings Might Be Worse Than You ThinkA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. Our...공시 • Jul 13First-corporation Inc., Annual General Meeting, Aug 23, 2024First-corporation Inc., Annual General Meeting, Aug 23, 2024.Upcoming Dividend • May 23Upcoming dividend of JP¥31.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%).공시 • May 18First-corporation Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024First-corporation Inc. announced that they will report fiscal year 2024 results on Jul 12, 2024공시 • Mar 31First-corporation Inc. to Report Q3, 2024 Results on Apr 12, 2024First-corporation Inc. announced that they will report Q3, 2024 results on Apr 12, 2024New Risk • Oct 06New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥9.15b market cap, or US$61.6m).공시 • Aug 30First-corporation Inc. to Report Q1, 2024 Results on Oct 13, 2023First-corporation Inc. announced that they will report Q1, 2024 results on Oct 13, 2023New Risk • Jul 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.3% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.74b market cap, or US$62.6m).Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥115 (vs JP¥106 in FY 2022)Full year 2023 results: EPS: JP¥115 (up from JP¥106 in FY 2022). Revenue: JP¥25.5b (down 15% from FY 2022). Net income: JP¥1.36b (up 7.5% from FY 2022). Profit margin: 5.3% (up from 4.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공시 • Jul 15First-corporation Inc., Annual General Meeting, Aug 25, 2023First-corporation Inc., Annual General Meeting, Aug 25, 2023.공시 • Jun 18First-corporation Inc. to Report Fiscal Year 2023 Results on Jul 14, 2023First-corporation Inc. announced that they will report fiscal year 2023 results on Jul 14, 2023Upcoming Dividend • May 23Inaugural dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 May 2023. Payment date: 29 August 2023. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.6%.Reported Earnings • Apr 08Third quarter 2023 earnings released: EPS: JP¥39.27 (vs JP¥19.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥39.27 (up from JP¥19.27 in 3Q 2022). Revenue: JP¥7.65b (up 4.0% from 3Q 2022). Net income: JP¥468.0m (up 102% from 3Q 2022). Profit margin: 6.1% (up from 3.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jan 08Second quarter 2023 earnings released: EPS: JP¥23.16 (vs JP¥10.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.16 (up from JP¥10.36 in 2Q 2022). Revenue: JP¥5.45b (up 21% from 2Q 2022). Net income: JP¥275.0m (up 120% from 2Q 2022). Profit margin: 5.0% (up from 2.8% 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 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 09First quarter 2023 earnings released: EPS: JP¥14.36 (vs JP¥36.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.36 (down from JP¥36.10 in 1Q 2022). Revenue: JP¥4.73b (down 53% from 1Q 2022). Net income: JP¥170.0m (down 61% from 1Q 2022). Profit margin: 3.6% (down from 4.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 04Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • Jul 10First-corporation Inc., Annual General Meeting, Aug 26, 2022First-corporation Inc., Annual General Meeting, Aug 26, 2022.Reported Earnings • Jul 10Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • May 29First-corporation Inc. to Report Fiscal Year 2022 Results on Jul 08, 2022First-corporation Inc. announced that they will report fiscal year 2022 results on Jul 08, 2022Upcoming Dividend • May 23Inaugural dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.7%.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 10Third quarter 2022 earnings released: EPS: JP¥19.27 (vs JP¥7.86 in 3Q 2021)Third quarter 2022 results: EPS: JP¥19.27 (up from JP¥7.86 in 3Q 2021). Revenue: JP¥7.35b (up 65% from 3Q 2021). Net income: JP¥232.0m (up 139% from 3Q 2021). Profit margin: 3.2% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Apr 09First-corporation Inc. to Report Q3, 2022 Results on Apr 08, 2022First-corporation Inc. announced that they will report Q3, 2022 results on Apr 08, 2022공시 • Feb 16First-corporation Inc. (TSE:1430) announces an Equity Buyback for 250,000 shares, representing 1.87% for ¥176.25 million.First-corporation Inc. (TSE:1430) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.87% of its share capital, at ¥705 per share for ¥176.25 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment, along with aiming to expand shareholder returns and improve capital efficiency. As of January 31, 2022, the company had 13,363,509 shares outstanding (excluding treasury shares) and 1,000,031 shares in treasury.Reported Earnings • Jan 09Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥10.36 (up from JP¥6.51 in 2Q 2021). Revenue: JP¥4.49b (up 14% from 2Q 2021). Net income: JP¥125.0m (up 52% from 2Q 2021). Profit margin: 2.8% (up from 2.1% in 2Q 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 4% per year whereas the company’s share price has increased by 1% per year.Reported Earnings • Oct 09First quarter 2022 earnings released: EPS JP¥36.10 (vs JP¥5.05 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.1b (up 169% from 1Q 2021). Net income: JP¥435.0m (up JP¥370.0m from 1Q 2021). Profit margin: 4.3% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.Reported Earnings • Jul 12Full year 2021 earnings released: EPS JP¥90.17 (vs JP¥66.60 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥20.9b (down 11% from FY 2020). Net income: JP¥1.13b (up 29% from FY 2020). Profit margin: 5.4% (up from 3.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 22Inaugural dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 27 August 2021. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.4%.Reported Earnings • Apr 11Third quarter 2021 earnings released: EPS JP¥7.86 (vs JP¥3.84 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.46b (up 16% from 3Q 2020). Net income: JP¥97.0m (up 94% from 3Q 2020). Profit margin: 2.2% (up from 1.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공시 • Feb 26First-corporation Inc. to Report Q3, 2021 Results on Apr 09, 2021First-corporation Inc. announced that they will report Q3, 2021 results on Apr 09, 2021Is New 90 Day High Low • Feb 26New 90-day low: JP¥681The company is down 5.0% from its price of JP¥714 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period.Reported Earnings • Jan 09Second quarter 2021 earnings released: EPS JP¥6.51The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥3.93b (up 4.9% from 2Q 2020). Net income: JP¥82.0m (down 8.9% from 2Q 2020). Profit margin: 2.1% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year and the company’s share price has also fallen by 24% per year.Is New 90 Day High Low • Jan 03New 90-day low: JP¥688The company is down 3.0% from its price of JP¥707 on 05 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 24% over the same period.공시 • Nov 28First-corporation Inc. to Report Q2, 2021 Results on Jan 08, 2021First-corporation Inc. announced that they will report Q2, 2021 results on Jan 08, 2021공시 • Aug 31First-corporation Inc. to Report Q1, 2021 Results on Oct 09, 2020First-corporation Inc. announced that they will report Q1, 2021 results on Oct 09, 2020주주 수익률1430JP Consumer DurablesJP 시장7D4.6%-4.1%-3.7%1Y6.7%11.9%37.9%전체 주주 수익률 보기수익률 대 산업: 1430은 지난 1년 동안 11.9%의 수익을 기록한 JP Consumer Durables 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 1430은 지난 1년 동안 37.9%를 기록한 JP 시장보다 저조한 성과를 냈습니다.주가 변동성Is 1430's price volatile compared to industry and market?1430 volatility1430 Average Weekly Movement4.0%Consumer Durables Industry Average Movement3.8%Market Average Movement4.6%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.4%안정적인 주가: 1430는 지난 3개월 동안 JP 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 1430의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트2011180Toshiaki Nakamurawww.1st-corp.com퍼스트 코퍼레이션은 일본에서 종합 건설 회사로 운영되고 있습니다. 이 회사는 콘도미니엄을 건설합니다. 이 회사는 2011년에 설립되었으며 일본 도쿄에 본사를 두고 있습니다.더 보기First-corporation Inc. 기초 지표 요약First-corporation의 순이익과 매출은 시가총액과 어떻게 비교됩니까?1430 기초 통계시가총액JP¥10.92b순이익 (TTM)JP¥1.47b매출 (TTM)JP¥32.42b7.4x주가수익비율(P/E)0.3x주가매출비율(P/S)1430는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표1430 손익계산서 (TTM)매출JP¥32.42b매출원가JP¥28.47b총이익JP¥3.95b기타 비용JP¥2.48b순이익JP¥1.47b최근 보고된 실적Feb 28, 2026다음 실적 발표일해당 없음주당순이익(EPS)122.35총이익률12.17%순이익률4.53%부채/자본 비율213.2%1430의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당5.1%현재 배당 수익률34%배당 성향1430는 안정적으로 배당을 지급합니까?1430 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 1430를 매수해야 하나요?First-corporation 배당 일정배당락일May 28 2026배당 지급일Aug 27 2026배당락일까지 남은 일수15 days배당 지급일까지 남은 일수76 days1430는 안정적으로 배당을 지급합니까?1430 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/11 16:21종가2026/06/11 00:00수익2026/02/28연간 수익2025/05/31데이터 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 소스First-corporation Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yoko MizoguchiIchiyoshi Research Institute Inc.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.
분석 기사 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 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 and the company’s share price has also increased by 7% per year.
공시 • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026
분석 기사 • Jan 21First-corporation's (TSE:1430) Problems Go Beyond Weak ProfitA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. We...
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.
분석 기사 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 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 and the company’s share price has also increased by 7% per year.
공시 • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026
분석 기사 • Jan 21First-corporation's (TSE:1430) Problems Go Beyond Weak ProfitA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. We...
분석 기사 • Jan 16First-corporation's (TSE:1430) Dividend Will Be Increased To ¥44.00The board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥44.00 on the...
Declared Dividend • Jan 16Dividend increased to JP¥44.00Dividend of JP¥44.00 is 4.8% higher than last year. Ex-date: 28th May 2026 Payment date: 27th August 2026 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (40% 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 12% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 56% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.7% EPS decline seen over the last 5 years.
New Risk • Jan 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Revenue has declined by 26% over the past year. Minor Risk Market cap is less than US$100m (JP¥12.3b market cap, or US$77.7m).
Reported Earnings • Jan 15Second quarter 2026 earnings released: EPS: JP¥27.72 (vs JP¥55.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥27.72 (down from JP¥55.16 in 2Q 2025). Revenue: JP¥7.84b (down 60% from 2Q 2025). Net income: JP¥332.0m (down 50% from 2Q 2025). Profit margin: 4.2% (up from 3.4% in 2Q 2025). The increase in margin was driven by lower expenses.
공시 • Nov 27First-corporation Inc. to Report Q2, 2026 Results on Jan 14, 2026First-corporation Inc. announced that they will report Q2, 2026 results on Jan 14, 2026
Reported Earnings • Oct 15First quarter 2026 earnings released: EPS: JP¥23.69 (vs JP¥30.55 in 1Q 2025)First quarter 2026 results: EPS: JP¥23.69 (down from JP¥30.55 in 1Q 2025). Revenue: JP¥7.42b (down 3.5% from 1Q 2025). Net income: JP¥283.0m (down 23% from 1Q 2025). Profit margin: 3.8% (down from 4.7% in 1Q 2025). The decrease in margin was driven by lower revenue.
Reported Earnings • Sep 02Full year 2025 earnings released: EPS: JP¥140 (vs JP¥79.07 in FY 2024)Full year 2025 results: EPS: JP¥140 (up from JP¥79.07 in FY 2024). Revenue: JP¥43.2b (up 52% from FY 2024). Net income: JP¥1.67b (up 77% from FY 2024). Profit margin: 3.9% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue.
공시 • Aug 27First-corporation Inc. to Report Q1, 2026 Results on Oct 14, 2025First-corporation Inc. announced that they will report Q1, 2026 results on Oct 14, 2025
Reported Earnings • Jul 17Full year 2025 earnings releasedFull year 2025 results: Net income: (down JP¥944.0m from profit in FY 2024).
공시 • Jul 15First-corporation Inc., Annual General Meeting, Aug 26, 2025First-corporation Inc., Annual General Meeting, Aug 26, 2025.
공시 • Jul 07First-corporation Inc. to Report Fiscal Year 2025 Results on Jul 15, 2025First-corporation Inc. announced that they will report fiscal year 2025 results on Jul 15, 2025
Upcoming Dividend • May 22Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).
Reported Earnings • Apr 15Third quarter 2025 earnings released: EPS: JP¥14.65 (vs JP¥6.70 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.65 (up from JP¥6.70 in 3Q 2024). Revenue: JP¥7.54b (flat on 3Q 2024). Net income: JP¥175.0m (up 119% from 3Q 2024). Profit margin: 2.3% (up from 1.1% in 3Q 2024).
분석 기사 • Feb 28First-corporation (TSE:1430) Is Increasing Its Dividend To ¥42.00First-corporation Inc.'s ( TSE:1430 ) dividend will be increasing from last year's payment of the same period to ¥42.00...
공시 • Feb 27First-corporation Inc. to Report Q3, 2025 Results on Apr 14, 2025First-corporation Inc. announced that they will report Q3, 2025 results on Apr 14, 2025
분석 기사 • Jan 21First-corporation's (TSE:1430) Profits Appear To Have Quality IssuesFirst-corporation Inc.'s ( TSE:1430 ) healthy profit numbers didn't contain any surprises for investors. We think this...
분석 기사 • Jan 16First-corporation's (TSE:1430) Upcoming Dividend Will Be Larger Than Last Year'sThe board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥42.00 on the...
Declared Dividend • Jan 16Dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th May 2025 Payment date: 26th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (24% 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 11% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 15Second quarter 2025 earnings released: EPS: JP¥55.16 (vs JP¥6.70 in 2Q 2024)Second quarter 2025 results: EPS: JP¥55.16 (up from JP¥6.70 in 2Q 2024). Revenue: JP¥19.5b (up 158% from 2Q 2024). Net income: JP¥659.0m (up JP¥579.0m from 2Q 2024). Profit margin: 3.4% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue.
공시 • Nov 29First-corporation Inc. to Report Q2, 2025 Results on Jan 14, 2025First-corporation Inc. announced that they will report Q2, 2025 results on Jan 14, 2025
New Risk • Oct 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥9.95b market cap, or US$66.4m).
Reported Earnings • Oct 18First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: JP¥30.55. Net income: JP¥365.0m (up JP¥365.0m from 1Q 2024).
공시 • Aug 29First-corporation Inc. to Report Q1, 2025 Results on Oct 15, 2024First-corporation Inc. announced that they will report Q1, 2025 results on Oct 15, 2024
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥643, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total loss to shareholders of 4.4% over the past three years.
분석 기사 • Jul 19First-corporation's (TSE:1430) Anemic Earnings Might Be Worse Than You ThinkA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. Our...
공시 • Jul 13First-corporation Inc., Annual General Meeting, Aug 23, 2024First-corporation Inc., Annual General Meeting, Aug 23, 2024.
Upcoming Dividend • May 23Upcoming dividend of JP¥31.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%).
공시 • May 18First-corporation Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024First-corporation Inc. announced that they will report fiscal year 2024 results on Jul 12, 2024
공시 • Mar 31First-corporation Inc. to Report Q3, 2024 Results on Apr 12, 2024First-corporation Inc. announced that they will report Q3, 2024 results on Apr 12, 2024
New Risk • Oct 06New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥9.15b market cap, or US$61.6m).
공시 • Aug 30First-corporation Inc. to Report Q1, 2024 Results on Oct 13, 2023First-corporation Inc. announced that they will report Q1, 2024 results on Oct 13, 2023
New Risk • Jul 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.3% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.74b market cap, or US$62.6m).
Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥115 (vs JP¥106 in FY 2022)Full year 2023 results: EPS: JP¥115 (up from JP¥106 in FY 2022). Revenue: JP¥25.5b (down 15% from FY 2022). Net income: JP¥1.36b (up 7.5% from FY 2022). Profit margin: 5.3% (up from 4.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공시 • Jul 15First-corporation Inc., Annual General Meeting, Aug 25, 2023First-corporation Inc., Annual General Meeting, Aug 25, 2023.
공시 • Jun 18First-corporation Inc. to Report Fiscal Year 2023 Results on Jul 14, 2023First-corporation Inc. announced that they will report fiscal year 2023 results on Jul 14, 2023
Upcoming Dividend • May 23Inaugural dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 May 2023. Payment date: 29 August 2023. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.6%.
Reported Earnings • Apr 08Third quarter 2023 earnings released: EPS: JP¥39.27 (vs JP¥19.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥39.27 (up from JP¥19.27 in 3Q 2022). Revenue: JP¥7.65b (up 4.0% from 3Q 2022). Net income: JP¥468.0m (up 102% from 3Q 2022). Profit margin: 6.1% (up from 3.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jan 08Second quarter 2023 earnings released: EPS: JP¥23.16 (vs JP¥10.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.16 (up from JP¥10.36 in 2Q 2022). Revenue: JP¥5.45b (up 21% from 2Q 2022). Net income: JP¥275.0m (up 120% from 2Q 2022). Profit margin: 5.0% (up from 2.8% 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 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 09First quarter 2023 earnings released: EPS: JP¥14.36 (vs JP¥36.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.36 (down from JP¥36.10 in 1Q 2022). Revenue: JP¥4.73b (down 53% from 1Q 2022). Net income: JP¥170.0m (down 61% from 1Q 2022). Profit margin: 3.6% (down from 4.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 04Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • Jul 10First-corporation Inc., Annual General Meeting, Aug 26, 2022First-corporation Inc., Annual General Meeting, Aug 26, 2022.
Reported Earnings • Jul 10Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • May 29First-corporation Inc. to Report Fiscal Year 2022 Results on Jul 08, 2022First-corporation Inc. announced that they will report fiscal year 2022 results on Jul 08, 2022
Upcoming Dividend • May 23Inaugural dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.7%.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 10Third quarter 2022 earnings released: EPS: JP¥19.27 (vs JP¥7.86 in 3Q 2021)Third quarter 2022 results: EPS: JP¥19.27 (up from JP¥7.86 in 3Q 2021). Revenue: JP¥7.35b (up 65% from 3Q 2021). Net income: JP¥232.0m (up 139% from 3Q 2021). Profit margin: 3.2% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Apr 09First-corporation Inc. to Report Q3, 2022 Results on Apr 08, 2022First-corporation Inc. announced that they will report Q3, 2022 results on Apr 08, 2022
공시 • Feb 16First-corporation Inc. (TSE:1430) announces an Equity Buyback for 250,000 shares, representing 1.87% for ¥176.25 million.First-corporation Inc. (TSE:1430) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.87% of its share capital, at ¥705 per share for ¥176.25 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment, along with aiming to expand shareholder returns and improve capital efficiency. As of January 31, 2022, the company had 13,363,509 shares outstanding (excluding treasury shares) and 1,000,031 shares in treasury.
Reported Earnings • Jan 09Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥10.36 (up from JP¥6.51 in 2Q 2021). Revenue: JP¥4.49b (up 14% from 2Q 2021). Net income: JP¥125.0m (up 52% from 2Q 2021). Profit margin: 2.8% (up from 2.1% in 2Q 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 4% per year whereas the company’s share price has increased by 1% per year.
Reported Earnings • Oct 09First quarter 2022 earnings released: EPS JP¥36.10 (vs JP¥5.05 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.1b (up 169% from 1Q 2021). Net income: JP¥435.0m (up JP¥370.0m from 1Q 2021). Profit margin: 4.3% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.
Reported Earnings • Jul 12Full year 2021 earnings released: EPS JP¥90.17 (vs JP¥66.60 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥20.9b (down 11% from FY 2020). Net income: JP¥1.13b (up 29% from FY 2020). Profit margin: 5.4% (up from 3.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 22Inaugural dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 27 August 2021. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.4%.
Reported Earnings • Apr 11Third quarter 2021 earnings released: EPS JP¥7.86 (vs JP¥3.84 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.46b (up 16% from 3Q 2020). Net income: JP¥97.0m (up 94% from 3Q 2020). Profit margin: 2.2% (up from 1.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공시 • Feb 26First-corporation Inc. to Report Q3, 2021 Results on Apr 09, 2021First-corporation Inc. announced that they will report Q3, 2021 results on Apr 09, 2021
Is New 90 Day High Low • Feb 26New 90-day low: JP¥681The company is down 5.0% from its price of JP¥714 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period.
Reported Earnings • Jan 09Second quarter 2021 earnings released: EPS JP¥6.51The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥3.93b (up 4.9% from 2Q 2020). Net income: JP¥82.0m (down 8.9% from 2Q 2020). Profit margin: 2.1% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year and the company’s share price has also fallen by 24% per year.
Is New 90 Day High Low • Jan 03New 90-day low: JP¥688The company is down 3.0% from its price of JP¥707 on 05 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 24% over the same period.
공시 • Nov 28First-corporation Inc. to Report Q2, 2021 Results on Jan 08, 2021First-corporation Inc. announced that they will report Q2, 2021 results on Jan 08, 2021
공시 • Aug 31First-corporation Inc. to Report Q1, 2021 Results on Oct 09, 2020First-corporation Inc. announced that they will report Q1, 2021 results on Oct 09, 2020
