View ValuationSumitomo Forestry 향후 성장Future 기준 점검 3/6Sumitomo Forestry (는) 각각 연간 13.4% 및 9.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 13.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.8% 로 예상됩니다.핵심 정보13.4%이익 성장률13.35%EPS 성장률Consumer Durables 이익 성장13.4%매출 성장률9.6%향후 자기자본이익률11.83%애널리스트 커버리지Low마지막 업데이트13 May 2026최근 향후 성장 업데이트Price Target Changed • May 14Price target decreased by 11% to JP¥1,803Down from JP¥2,019, the current price target is an average from 5 analysts. New target price is 39% above last closing price of JP¥1,297. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of JP¥152 for next year compared to JP¥174 last year.분석 기사 • Feb 18Sumitomo Forestry Co., Ltd. Just Beat EPS By 8.7%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Sumitomo Forestry Co., Ltd. ( TSE:1911 ) filed its annual result this time last...분석 기사 • Aug 10Sumitomo Forestry Co., Ltd. Just Missed EPS By 30%: Here's What Analysts Think Will Happen NextTSE:1911 1 Year Share Price vs Fair Value Explore Sumitomo Forestry's Fair Values from the Community and select yours...Price Target Changed • Feb 28Price target decreased by 7.5% to JP¥6,093Down from JP¥6,585, the current price target is an average from 6 analysts. New target price is 34% above last closing price of JP¥4,557. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of JP¥590 for next year compared to JP¥569 last year.Price Target Changed • Oct 03Price target increased by 8.3% to JP¥6,773Up from JP¥6,257, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥6,840. Stock is up 89% over the past year. The company is forecast to post earnings per share of JP¥570 for next year compared to JP¥506 last year.Price Target Changed • Jun 05Price target increased by 7.0% to JP¥5,457Up from JP¥5,098, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,552. Stock is up 71% over the past year. The company is forecast to post earnings per share of JP¥537 for next year compared to JP¥506 last year.모든 업데이트 보기Recent updates속보 • May 15Sumitomo Forestry Becomes Top Five US Homebuilder After Tri Pointe Homes AcquisitionSumitomo Forestry has completed its acquisition of Tri Pointe Homes for US$47.00 per share, with Tri Pointe becoming a wholly owned subsidiary of Sumitomo Forestry America. The combined U.S. housing platform now covers 18 states, with Tri Pointe contributing more than 160 active communities and operations in 13 states. On a combined basis, Sumitomo Forestry’s U.S. homebuilding operations are positioned as the equivalent of the 5th largest homebuilder in the country, delivering around 15,000 units annually. This deal significantly expands Sumitomo Forestry’s exposure to the U.S. housing market and adds a premium homebuilding brand with broad geographic coverage. Investors may want to watch how integration costs, execution across 18 states, and U.S. housing demand trends influence the returns from this enlarged North American business.Price Target Changed • May 14Price target decreased by 11% to JP¥1,803Down from JP¥2,019, the current price target is an average from 5 analysts. New target price is 39% above last closing price of JP¥1,297. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of JP¥152 for next year compared to JP¥174 last year.Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥27.33 (down from JP¥32.88 in 1Q 2025). Revenue: JP¥532.1b (up 4.0% from 1Q 2025). Net income: JP¥16.8b (down 17% from 1Q 2025). Profit margin: 3.1% (down from 3.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 14Sumitomo Forestry Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 07, 2026Declared Dividend • Apr 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (171% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Mar 18Now 23% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,498. The fair value is estimated to be JP¥1,215, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (171% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change).분석 기사 • Feb 18Sumitomo Forestry Co., Ltd. Just Beat EPS By 8.7%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Sumitomo Forestry Co., Ltd. ( TSE:1911 ) filed its annual result this time last...Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥174 (down from JP¥190 in FY 2024). Revenue: JP¥2.27t (up 10% from FY 2024). Net income: JP¥106.7b (down 8.5% from FY 2024). Profit margin: 4.7% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.7%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 13+ 4 more updatesSumitomo Forestry Co., Ltd., Annual General Meeting, Mar 27, 2026Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 27, 2026.공시 • Jan 31Yamada Holdings Co., Ltd. (TSE:9831) agreed to acquire 90% stake in Toclas Corporation from DENSO Corporation (TSE:6902), Sumitomo Forestry Co., Ltd. (TSE:1911) and Noritz Corporation (TSE:5943) and others.Yamada Holdings Co., Ltd. (TSE:9831) agreed to acquire 90% stake in Toclas Corporation from DENSO Corporation (TSE:6902), Sumitomo Forestry Co., Ltd. (TSE:1911) and Noritz Corporation (TSE:5943) and others on January 30, 2026. For the period ending March 31, 2025, Toclas Corporation reported total revenue of ¥25.94 billion and EBIT of ¥461 million. As of March 31, 2025, Toclas Corporation reported total assets of ¥13.87 billion. The expected completion of the transaction is February 27, 2026.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,757, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Consumer Durables industry in Japan. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥819 per share.분석 기사 • Jan 12Here's Why Sumitomo Forestry (TSE:1911) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Upcoming Dividend • Dec 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).공시 • Dec 03Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026분석 기사 • Nov 19Cautious Investors Not Rewarding Sumitomo Forestry Co., Ltd.'s (TSE:1911) Performance CompletelySumitomo Forestry Co., Ltd.'s ( TSE:1911 ) price-to-earnings (or "P/E") ratio of 9.2x might make it look like a buy...Reported Earnings • Nov 01Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥33.54 (down from JP¥48.62 in 3Q 2024). Revenue: JP¥559.1b (up 9.4% from 3Q 2024). Net income: JP¥20.5b (down 31% from 3Q 2024). Profit margin: 3.7% (down from 5.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Consumer Durables industry in Japan. 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 31% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Oct 22Returns At Sumitomo Forestry (TSE:1911) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Declared Dividend • Sep 09First half dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 5.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (57% 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 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Sep 02Sumitomo Forestry Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025분석 기사 • Aug 10Sumitomo Forestry Co., Ltd. Just Missed EPS By 30%: Here's What Analysts Think Will Happen NextTSE:1911 1 Year Share Price vs Fair Value Explore Sumitomo Forestry's Fair Values from the Community and select yours...Reported Earnings • Aug 08Second quarter 2025 earnings: Revenues in line with analyst expectationsSecond quarter 2025 results: Revenue: JP¥563.1b (up 6.7% from 2Q 2024). Net income: JP¥28.4b (down 15% from 2Q 2024). Profit margin: 5.0% (down from 6.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jul 26Sumitomo Forestry Co., Ltd.'s (TSE:1911) Subdued P/E Might Signal An OpportunitySumitomo Forestry Co., Ltd.'s ( TSE:1911 ) price-to-earnings (or "P/E") ratio of 8.3x might make it look like a buy...분석 기사 • Jul 11These 4 Measures Indicate That Sumitomo Forestry (TSE:1911) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Jun 26Sumitomo Forestry (TSE:1911) Is Paying Out A Larger Dividend Than Last YearSumitomo Forestry Co., Ltd.'s ( TSE:1911 ) dividend will be increasing from last year's payment of the same period to...분석 기사 • Jun 22Sumitomo Forestry (TSE:1911) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Upcoming Dividend • Jun 20Upcoming dividend of JP¥91.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).공시 • Jun 05Sumitomo Forestry Co., Ltd. to Report Q2, 2025 Results on Aug 07, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2025 results on Aug 07, 2025공시 • May 30Sumitomo Forestry Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending December 31, 2025Sumitomo Forestry Co., Ltd. revised dividend guidance for the fiscal year ending December 31, 2025. For the full year, the company expects to pay dividend of JPY 91.50 per share compared to JPY 91.00 per share previously forecasted.분석 기사 • May 24Sumitomo Forestry (TSE:1911) Is Increasing Its Dividend To ¥91.00Sumitomo Forestry Co., Ltd. ( TSE:1911 ) will increase its dividend from last year's comparable payment on the 9th of...공시 • May 16Sumitomo Forestry Co., Ltd. (TSE:1911) completed the acquisition of 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others.Sumitomo Forestry Co., Ltd. (TSE:1911) proposed to acquire 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others for ¥6.2 billion on March 28, 2025. A cash consideration of ¥6.18 billion valued at ¥686 per share will be paid by Sumitomo Forestry Co., Ltd. As part of consideration, ¥6.18 billion is paid towards common equity of LeTech Corporation. In case of termination of transaction, seller will pay a termination fee of ¥250 million. Simultaneous to this tender offer, The Transaction consists of a series of procedures (the "Squeeze-out Procedures") with the second tender offer. The transaction is subject to approval of merger agreement by target board and minimum tender. The Board of Directors of LeTech Corporation formed a special committee for the transaction. The deal has been unanimously approved by the board. The expected completion of the transaction is May 14, 2025. PwC Advisory LLC acted as financial advisor for Sumitomo Forestry Co., Ltd. Anderson Mori & Tomotsune acted as legal advisor for Sumitomo Forestry Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for LeTech Corporation. Plutus Consulting Co., Ltd. acted as financial advisor for LeTech Corporation. Plutus Consulting Co., Ltd. acted as fairness opinion provider for LeTech Corporation. DC Advisory Japan acted as financial advisor to Sumitomo Forestry Co., Ltd. (TSE:1911). Sumitomo Forestry Co., Ltd. (TSE:1911) completed the acquisition of 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others on May 14, 2025. As a result of the first tender offer, 7,290,465 Company shares had been tendered exceeding the minimum number of shares to be purchased resulting in the Offeror acquiring all of those shares.Reported Earnings • May 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥98.65 (down from JP¥109 in 1Q 2024). Revenue: JP¥511.6b (up 13% from 1Q 2024). Net income: JP¥20.2b (down 9.2% from 1Q 2024). Profit margin: 3.9% (down from 4.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. 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 29% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Apr 11Final dividend of JP¥91.00 announcedShareholders will receive a dividend of JP¥91.00. Ex-date: 27th June 2025 Payment date: 9th September 2025 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 01Sumitomo Forestry Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Price Target Changed • Feb 28Price target decreased by 7.5% to JP¥6,093Down from JP¥6,585, the current price target is an average from 6 analysts. New target price is 34% above last closing price of JP¥4,557. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of JP¥590 for next year compared to JP¥569 last year.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥4,463, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 131% over the past three years.Reported Earnings • Feb 15Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥569 (up from JP¥506 in FY 2023). Revenue: JP¥2.05t (up 19% from FY 2023). Net income: JP¥116.5b (up 14% from FY 2023). Profit margin: 5.7% (down from 5.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 13Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2025Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2025.공시 • Jan 17Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2024 Results on Feb 13, 2025Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2024 results on Feb 13, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).New Risk • Nov 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.6% 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 (7.6% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change).Price Target Changed • Oct 03Price target increased by 8.3% to JP¥6,773Up from JP¥6,257, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥6,840. Stock is up 89% over the past year. The company is forecast to post earnings per share of JP¥570 for next year compared to JP¥506 last year.공시 • Sep 06Sumitomo Forestry Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Declared Dividend • Aug 10Dividend increased to JP¥80.00Dividend of JP¥80.00 is 23% higher than last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥4,346, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,990 per share.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥6,080, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in Japan. Total returns to shareholders of 228% over the past three years.공시 • Jun 06Sumitomo Forestry Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024Price Target Changed • Jun 05Price target increased by 7.0% to JP¥5,457Up from JP¥5,098, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,552. Stock is up 71% over the past year. The company is forecast to post earnings per share of JP¥537 for next year compared to JP¥506 last year.Price Target Changed • May 29Price target increased by 11% to JP¥5,348Up from JP¥4,832, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,347. Stock is up 70% over the past year. The company is forecast to post earnings per share of JP¥526 for next year compared to JP¥506 last year.New Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,633, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 167% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,099 per share.Reported Earnings • May 01First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: JP¥109 (up from JP¥72.07 in 1Q 2023). Revenue: JP¥453.6b (up 21% from 1Q 2023). Net income: JP¥22.2b (up 54% from 1Q 2023). Profit margin: 4.9% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 43%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan.Buy Or Sell Opportunity • May 01Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to JP¥5,359. The fair value is estimated to be JP¥4,113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last year. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 5.4% per annum over the same time period.Declared Dividend • Apr 11Final dividend increased to JP¥65.00Dividend of JP¥65.00 is 8.3% higher than last year. Ex-date: 27th June 2024 Payment date: 12th September 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 31Sumitomo Forestry Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024공시 • Feb 16Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2024Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥506 (down from JP¥544 in FY 2022). Revenue: JP¥1.73t (up 3.8% from FY 2022). Net income: JP¥102.5b (down 5.7% from FY 2022). Profit margin: 5.9% (down from 6.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.3%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.공시 • Dec 28Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥65.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%).Price Target Changed • Nov 21Price target increased by 7.2% to JP¥4,196Up from JP¥3,913, the current price target is an average from 5 analysts. New target price is 8.0% above last closing price of JP¥3,884. Stock is up 65% over the past year. The company is forecast to post earnings per share of JP¥463 for next year compared to JP¥544 last year.Reported Earnings • Nov 02Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: JP¥92.78 (down from JP¥166 in 3Q 2022). Revenue: JP¥416.4b (down 1.7% from 3Q 2022). Net income: JP¥19.0b (down 43% from 3Q 2022). Profit margin: 4.6% (down from 7.8% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year.공시 • Sep 14Sumitomo Forestry Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023Price Target Changed • Aug 23Price target increased by 7.8% to JP¥3,836Up from JP¥3,560, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥3,924. Stock is up 66% over the past year. The company is forecast to post earnings per share of JP¥444 for next year compared to JP¥544 last year.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,014, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 190% over the past three years.Reported Earnings • Aug 09Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥151 (up from JP¥135 in 2Q 2022). Revenue: JP¥440.2b (up 2.6% from 2Q 2022). Net income: JP¥30.4b (up 13% from 2Q 2022). Profit margin: 6.9% (up from 6.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jul 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (137% cash payout ratio). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).Upcoming Dividend • Jun 22Upcoming dividend of JP¥60.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 7.7% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%).Price Target Changed • Jun 08Price target increased by 8.6% to JP¥3,278Up from JP¥3,018, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥3,242. Stock is up 59% over the past year. The company is forecast to post earnings per share of JP¥387 for next year compared to JP¥544 last year.공시 • Jun 07Sumitomo Forestry Co., Ltd. to Report Q2, 2023 Results on Aug 08, 2023Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2023 results on Aug 08, 2023Reported Earnings • Apr 29First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥72.07 (down from JP¥113 in 1Q 2022). Revenue: JP¥376.3b (up 6.3% from 1Q 2022). Net income: JP¥14.4b (down 36% from 1Q 2022). Profit margin: 3.8% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 3.0%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥544 (up from JP¥458 in FY 2021). Revenue: JP¥1.67t (up 21% from FY 2021). Net income: JP¥108.7b (up 25% from FY 2021). Profit margin: 6.5% (up from 6.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%).이익 및 매출 성장 예측TSE:1911 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20283,251,680147,18036,312N/A512/31/20273,059,560115,280-29,744N/A512/31/20262,716,74093,140-427,922N/A53/31/20262,288,008103,236N/AN/AN/A12/31/20252,267,577106,66617,85794,675N/A9/30/20252,195,193102,370N/AN/AN/A6/30/20252,146,984109,372-18,13356,018N/A3/31/20252,111,650115,259N/AN/AN/A12/31/20242,053,650116,528-42,35327,078N/A9/30/20241,992,622124,238N/AN/AN/A6/30/20241,898,102113,373-11,88241,979N/A3/31/20241,810,496110,309N/AN/AN/A12/31/20231,733,169102,47992,408125,300N/A9/30/20231,696,29889,751N/AN/AN/A6/30/20231,703,406103,924107,472145,733N/A3/31/20231,692,114100,475N/AN/AN/A12/31/20221,669,707108,67218,61155,276N/A9/30/20221,624,150116,192N/AN/AN/A6/30/20221,535,839107,54620,99146,755N/A3/31/20221,450,77396,821N/AN/AN/A12/31/20211,385,93087,17567,29891,576N/A12/31/20201,141,23435,63725,28462,453N/A9/30/20201,100,29331,52342,45773,080N/A6/30/20201,114,66833,013N/AN/AN/A3/31/20201,104,09427,85320,57045,724N/A12/31/20191,204,65336,198N/AN/AN/A9/30/20191,245,79031,116N/A45,240N/A6/30/20191,294,62833,243N/AN/AN/A3/31/20191,308,89329,160N/A40,689N/A12/31/20181,272,45331,605N/AN/AN/A9/30/20181,252,74030,465N/A11,120N/A6/30/20181,242,61123,891N/AN/AN/A3/31/20181,221,99830,135N/A13,732N/A12/31/20171,198,06333,146N/AN/AN/A9/30/20171,161,89834,334N/A30,281N/A6/30/20171,134,36340,969N/AN/AN/A3/31/20171,113,36434,532N/A40,337N/A12/31/20161,082,28421,178N/AN/AN/A9/30/20161,067,65913,344N/A35,077N/A6/30/20161,052,40911,309N/AN/AN/A3/31/20161,040,5249,727N/A45,705N/A12/31/20151,028,06614,712N/AN/AN/A9/30/20151,014,12618,180N/A34,652N/A6/30/20151,000,55416,282N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 1911 의 연간 예상 수익 증가율(13.4%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 1911 의 연간 수익(13.4%)이 JP 시장(8.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 1911 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 1911 의 수익(연간 9.6%)이 JP 시장(연간 5.3%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 1911 의 수익(연간 9.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 1911의 자본 수익률은 3년 후 11.8%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 06:44종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sumitomo Forestry Co., Ltd.는 14명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Takashi HashimotoBarclaysYoshihiro HashimotoBofA Global ResearchTakashi HashimotoCitigroup Inc11명의 분석가 더 보기
Price Target Changed • May 14Price target decreased by 11% to JP¥1,803Down from JP¥2,019, the current price target is an average from 5 analysts. New target price is 39% above last closing price of JP¥1,297. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of JP¥152 for next year compared to JP¥174 last year.
분석 기사 • Feb 18Sumitomo Forestry Co., Ltd. Just Beat EPS By 8.7%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Sumitomo Forestry Co., Ltd. ( TSE:1911 ) filed its annual result this time last...
분석 기사 • Aug 10Sumitomo Forestry Co., Ltd. Just Missed EPS By 30%: Here's What Analysts Think Will Happen NextTSE:1911 1 Year Share Price vs Fair Value Explore Sumitomo Forestry's Fair Values from the Community and select yours...
Price Target Changed • Feb 28Price target decreased by 7.5% to JP¥6,093Down from JP¥6,585, the current price target is an average from 6 analysts. New target price is 34% above last closing price of JP¥4,557. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of JP¥590 for next year compared to JP¥569 last year.
Price Target Changed • Oct 03Price target increased by 8.3% to JP¥6,773Up from JP¥6,257, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥6,840. Stock is up 89% over the past year. The company is forecast to post earnings per share of JP¥570 for next year compared to JP¥506 last year.
Price Target Changed • Jun 05Price target increased by 7.0% to JP¥5,457Up from JP¥5,098, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,552. Stock is up 71% over the past year. The company is forecast to post earnings per share of JP¥537 for next year compared to JP¥506 last year.
속보 • May 15Sumitomo Forestry Becomes Top Five US Homebuilder After Tri Pointe Homes AcquisitionSumitomo Forestry has completed its acquisition of Tri Pointe Homes for US$47.00 per share, with Tri Pointe becoming a wholly owned subsidiary of Sumitomo Forestry America. The combined U.S. housing platform now covers 18 states, with Tri Pointe contributing more than 160 active communities and operations in 13 states. On a combined basis, Sumitomo Forestry’s U.S. homebuilding operations are positioned as the equivalent of the 5th largest homebuilder in the country, delivering around 15,000 units annually. This deal significantly expands Sumitomo Forestry’s exposure to the U.S. housing market and adds a premium homebuilding brand with broad geographic coverage. Investors may want to watch how integration costs, execution across 18 states, and U.S. housing demand trends influence the returns from this enlarged North American business.
Price Target Changed • May 14Price target decreased by 11% to JP¥1,803Down from JP¥2,019, the current price target is an average from 5 analysts. New target price is 39% above last closing price of JP¥1,297. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of JP¥152 for next year compared to JP¥174 last year.
Reported Earnings • May 08First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥27.33 (down from JP¥32.88 in 1Q 2025). Revenue: JP¥532.1b (up 4.0% from 1Q 2025). Net income: JP¥16.8b (down 17% from 1Q 2025). Profit margin: 3.1% (down from 3.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 14Sumitomo Forestry Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on May 07, 2026
Declared Dividend • Apr 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (171% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Mar 18Now 23% overvaluedOver the last 90 days, the stock has fallen 6.1% to JP¥1,498. The fair value is estimated to be JP¥1,215, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (171% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change).
분석 기사 • Feb 18Sumitomo Forestry Co., Ltd. Just Beat EPS By 8.7%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Sumitomo Forestry Co., Ltd. ( TSE:1911 ) filed its annual result this time last...
Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥174 (down from JP¥190 in FY 2024). Revenue: JP¥2.27t (up 10% from FY 2024). Net income: JP¥106.7b (down 8.5% from FY 2024). Profit margin: 4.7% (down from 5.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.7%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 13+ 4 more updatesSumitomo Forestry Co., Ltd., Annual General Meeting, Mar 27, 2026Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 27, 2026.
공시 • Jan 31Yamada Holdings Co., Ltd. (TSE:9831) agreed to acquire 90% stake in Toclas Corporation from DENSO Corporation (TSE:6902), Sumitomo Forestry Co., Ltd. (TSE:1911) and Noritz Corporation (TSE:5943) and others.Yamada Holdings Co., Ltd. (TSE:9831) agreed to acquire 90% stake in Toclas Corporation from DENSO Corporation (TSE:6902), Sumitomo Forestry Co., Ltd. (TSE:1911) and Noritz Corporation (TSE:5943) and others on January 30, 2026. For the period ending March 31, 2025, Toclas Corporation reported total revenue of ¥25.94 billion and EBIT of ¥461 million. As of March 31, 2025, Toclas Corporation reported total assets of ¥13.87 billion. The expected completion of the transaction is February 27, 2026.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,757, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Consumer Durables industry in Japan. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥819 per share.
분석 기사 • Jan 12Here's Why Sumitomo Forestry (TSE:1911) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).
공시 • Dec 03Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026
분석 기사 • Nov 19Cautious Investors Not Rewarding Sumitomo Forestry Co., Ltd.'s (TSE:1911) Performance CompletelySumitomo Forestry Co., Ltd.'s ( TSE:1911 ) price-to-earnings (or "P/E") ratio of 9.2x might make it look like a buy...
Reported Earnings • Nov 01Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥33.54 (down from JP¥48.62 in 3Q 2024). Revenue: JP¥559.1b (up 9.4% from 3Q 2024). Net income: JP¥20.5b (down 31% from 3Q 2024). Profit margin: 3.7% (down from 5.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Consumer Durables industry in Japan. 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 31% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Oct 22Returns At Sumitomo Forestry (TSE:1911) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Declared Dividend • Sep 09First half dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 5.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (57% 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 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Sep 02Sumitomo Forestry Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
분석 기사 • Aug 10Sumitomo Forestry Co., Ltd. Just Missed EPS By 30%: Here's What Analysts Think Will Happen NextTSE:1911 1 Year Share Price vs Fair Value Explore Sumitomo Forestry's Fair Values from the Community and select yours...
Reported Earnings • Aug 08Second quarter 2025 earnings: Revenues in line with analyst expectationsSecond quarter 2025 results: Revenue: JP¥563.1b (up 6.7% from 2Q 2024). Net income: JP¥28.4b (down 15% from 2Q 2024). Profit margin: 5.0% (down from 6.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jul 26Sumitomo Forestry Co., Ltd.'s (TSE:1911) Subdued P/E Might Signal An OpportunitySumitomo Forestry Co., Ltd.'s ( TSE:1911 ) price-to-earnings (or "P/E") ratio of 8.3x might make it look like a buy...
분석 기사 • Jul 11These 4 Measures Indicate That Sumitomo Forestry (TSE:1911) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Jun 26Sumitomo Forestry (TSE:1911) Is Paying Out A Larger Dividend Than Last YearSumitomo Forestry Co., Ltd.'s ( TSE:1911 ) dividend will be increasing from last year's payment of the same period to...
분석 기사 • Jun 22Sumitomo Forestry (TSE:1911) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Upcoming Dividend • Jun 20Upcoming dividend of JP¥91.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).
공시 • Jun 05Sumitomo Forestry Co., Ltd. to Report Q2, 2025 Results on Aug 07, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2025 results on Aug 07, 2025
공시 • May 30Sumitomo Forestry Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending December 31, 2025Sumitomo Forestry Co., Ltd. revised dividend guidance for the fiscal year ending December 31, 2025. For the full year, the company expects to pay dividend of JPY 91.50 per share compared to JPY 91.00 per share previously forecasted.
분석 기사 • May 24Sumitomo Forestry (TSE:1911) Is Increasing Its Dividend To ¥91.00Sumitomo Forestry Co., Ltd. ( TSE:1911 ) will increase its dividend from last year's comparable payment on the 9th of...
공시 • May 16Sumitomo Forestry Co., Ltd. (TSE:1911) completed the acquisition of 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others.Sumitomo Forestry Co., Ltd. (TSE:1911) proposed to acquire 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others for ¥6.2 billion on March 28, 2025. A cash consideration of ¥6.18 billion valued at ¥686 per share will be paid by Sumitomo Forestry Co., Ltd. As part of consideration, ¥6.18 billion is paid towards common equity of LeTech Corporation. In case of termination of transaction, seller will pay a termination fee of ¥250 million. Simultaneous to this tender offer, The Transaction consists of a series of procedures (the "Squeeze-out Procedures") with the second tender offer. The transaction is subject to approval of merger agreement by target board and minimum tender. The Board of Directors of LeTech Corporation formed a special committee for the transaction. The deal has been unanimously approved by the board. The expected completion of the transaction is May 14, 2025. PwC Advisory LLC acted as financial advisor for Sumitomo Forestry Co., Ltd. Anderson Mori & Tomotsune acted as legal advisor for Sumitomo Forestry Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for LeTech Corporation. Plutus Consulting Co., Ltd. acted as financial advisor for LeTech Corporation. Plutus Consulting Co., Ltd. acted as fairness opinion provider for LeTech Corporation. DC Advisory Japan acted as financial advisor to Sumitomo Forestry Co., Ltd. (TSE:1911). Sumitomo Forestry Co., Ltd. (TSE:1911) completed the acquisition of 85.19% stake in LeTech Corporation (TSE:3497) from Keystone Partners Co., Ltd., Emerald, LLC and others on May 14, 2025. As a result of the first tender offer, 7,290,465 Company shares had been tendered exceeding the minimum number of shares to be purchased resulting in the Offeror acquiring all of those shares.
Reported Earnings • May 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥98.65 (down from JP¥109 in 1Q 2024). Revenue: JP¥511.6b (up 13% from 1Q 2024). Net income: JP¥20.2b (down 9.2% from 1Q 2024). Profit margin: 3.9% (down from 4.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. 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 29% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Apr 11Final dividend of JP¥91.00 announcedShareholders will receive a dividend of JP¥91.00. Ex-date: 27th June 2025 Payment date: 9th September 2025 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 01Sumitomo Forestry Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Price Target Changed • Feb 28Price target decreased by 7.5% to JP¥6,093Down from JP¥6,585, the current price target is an average from 6 analysts. New target price is 34% above last closing price of JP¥4,557. Stock is up 5.3% over the past year. The company is forecast to post earnings per share of JP¥590 for next year compared to JP¥569 last year.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥4,463, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 131% over the past three years.
Reported Earnings • Feb 15Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥569 (up from JP¥506 in FY 2023). Revenue: JP¥2.05t (up 19% from FY 2023). Net income: JP¥116.5b (up 14% from FY 2023). Profit margin: 5.7% (down from 5.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 13Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2025Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2025.
공시 • Jan 17Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2024 Results on Feb 13, 2025Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2024 results on Feb 13, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
New Risk • Nov 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.6% 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 (7.6% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change).
Price Target Changed • Oct 03Price target increased by 8.3% to JP¥6,773Up from JP¥6,257, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥6,840. Stock is up 89% over the past year. The company is forecast to post earnings per share of JP¥570 for next year compared to JP¥506 last year.
공시 • Sep 06Sumitomo Forestry Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Declared Dividend • Aug 10Dividend increased to JP¥80.00Dividend of JP¥80.00 is 23% higher than last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥4,346, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,990 per share.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥6,080, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in Japan. Total returns to shareholders of 228% over the past three years.
공시 • Jun 06Sumitomo Forestry Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024
Price Target Changed • Jun 05Price target increased by 7.0% to JP¥5,457Up from JP¥5,098, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,552. Stock is up 71% over the past year. The company is forecast to post earnings per share of JP¥537 for next year compared to JP¥506 last year.
Price Target Changed • May 29Price target increased by 11% to JP¥5,348Up from JP¥4,832, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥5,347. Stock is up 70% over the past year. The company is forecast to post earnings per share of JP¥526 for next year compared to JP¥506 last year.
New Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,633, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 167% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,099 per share.
Reported Earnings • May 01First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: JP¥109 (up from JP¥72.07 in 1Q 2023). Revenue: JP¥453.6b (up 21% from 1Q 2023). Net income: JP¥22.2b (up 54% from 1Q 2023). Profit margin: 4.9% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 43%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan.
Buy Or Sell Opportunity • May 01Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to JP¥5,359. The fair value is estimated to be JP¥4,113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last year. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 5.4% per annum over the same time period.
Declared Dividend • Apr 11Final dividend increased to JP¥65.00Dividend of JP¥65.00 is 8.3% higher than last year. Ex-date: 27th June 2024 Payment date: 12th September 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 31Sumitomo Forestry Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Sumitomo Forestry Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
공시 • Feb 16Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2024Sumitomo Forestry Co., Ltd., Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥506 (down from JP¥544 in FY 2022). Revenue: JP¥1.73t (up 3.8% from FY 2022). Net income: JP¥102.5b (down 5.7% from FY 2022). Profit margin: 5.9% (down from 6.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.3%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Dec 28Sumitomo Forestry Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024Sumitomo Forestry Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥65.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%).
Price Target Changed • Nov 21Price target increased by 7.2% to JP¥4,196Up from JP¥3,913, the current price target is an average from 5 analysts. New target price is 8.0% above last closing price of JP¥3,884. Stock is up 65% over the past year. The company is forecast to post earnings per share of JP¥463 for next year compared to JP¥544 last year.
Reported Earnings • Nov 02Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: JP¥92.78 (down from JP¥166 in 3Q 2022). Revenue: JP¥416.4b (down 1.7% from 3Q 2022). Net income: JP¥19.0b (down 43% from 3Q 2022). Profit margin: 4.6% (down from 7.8% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) also missed analyst estimates by 51%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year.
공시 • Sep 14Sumitomo Forestry Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Sumitomo Forestry Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
Price Target Changed • Aug 23Price target increased by 7.8% to JP¥3,836Up from JP¥3,560, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥3,924. Stock is up 66% over the past year. The company is forecast to post earnings per share of JP¥444 for next year compared to JP¥544 last year.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,014, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 190% over the past three years.
Reported Earnings • Aug 09Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥151 (up from JP¥135 in 2Q 2022). Revenue: JP¥440.2b (up 2.6% from 2Q 2022). Net income: JP¥30.4b (up 13% from 2Q 2022). Profit margin: 6.9% (up from 6.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jul 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (137% cash payout ratio). Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
Upcoming Dividend • Jun 22Upcoming dividend of JP¥60.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 7.7% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%).
Price Target Changed • Jun 08Price target increased by 8.6% to JP¥3,278Up from JP¥3,018, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥3,242. Stock is up 59% over the past year. The company is forecast to post earnings per share of JP¥387 for next year compared to JP¥544 last year.
공시 • Jun 07Sumitomo Forestry Co., Ltd. to Report Q2, 2023 Results on Aug 08, 2023Sumitomo Forestry Co., Ltd. announced that they will report Q2, 2023 results on Aug 08, 2023
Reported Earnings • Apr 29First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥72.07 (down from JP¥113 in 1Q 2022). Revenue: JP¥376.3b (up 6.3% from 1Q 2022). Net income: JP¥14.4b (down 36% from 1Q 2022). Profit margin: 3.8% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 3.0%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥544 (up from JP¥458 in FY 2021). Revenue: JP¥1.67t (up 21% from FY 2021). Net income: JP¥108.7b (up 25% from FY 2021). Profit margin: 6.5% (up from 6.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%).