Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥989, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 60% over the past three years. Reported Earnings • May 17
Full year 2026 earnings released: EPS: JP¥92.99 (vs JP¥71.73 in FY 2025) Full year 2026 results: EPS: JP¥92.99 (up from JP¥71.73 in FY 2025). Revenue: JP¥20.1b (flat on FY 2025). Net income: JP¥1.51b (up 30% from FY 2025). Profit margin: 7.5% (up from 5.8% in FY 2025). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year. 공시 • May 13
Dainichi Co., Ltd., Annual General Meeting, Jun 25, 2026 Dainichi Co., Ltd., Annual General Meeting, Jun 25, 2026. 공시 • May 10
Dainichi Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Dainichi Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 New Risk • Apr 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.8b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.0% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.8b market cap, or US$98.7m). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company last paid an ordinary dividend in May 2023. The average dividend yield among industry peers is 1.6%. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥103 (vs JP¥83.78 in 3Q 2025) Third quarter 2026 results: EPS: JP¥103 (up from JP¥83.78 in 3Q 2025). Revenue: JP¥11.3b (up 2.9% from 3Q 2025). Net income: JP¥1.67b (up 24% from 3Q 2025). Profit margin: 15% (up from 12% in 3Q 2025). 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 11% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Dec 02
Dainichi Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026 Dainichi Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026 Declared Dividend • Nov 03
Dividend of JP¥22.00 announced Dividend of JP¥22.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.6%. New Risk • Nov 01
New major risk - Revenue and earnings growth Earnings have declined by 0.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.5% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥14.9b market cap, or US$96.5m). Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥32.01 (vs JP¥27.87 in 2Q 2025) Second quarter 2026 results: EPS: JP¥32.01 (up from JP¥27.87 in 2Q 2025). Revenue: JP¥5.38b (flat on 2Q 2025). Net income: JP¥518.0m (up 15% from 2Q 2025). Profit margin: 9.6% (up from 8.4% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. 공시 • Aug 29
Dainichi Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Dainichi Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: JP¥12.79 loss per share (vs JP¥20.20 loss in 1Q 2025) First quarter 2026 results: JP¥12.79 loss per share (improved from JP¥20.20 loss in 1Q 2025). Revenue: JP¥1.59b (up 37% from 1Q 2025). Net loss: JP¥207.0m (loss narrowed 37% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. 공시 • Jun 03
Dainichi Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025 Dainichi Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥71.73 (vs JP¥54.87 in FY 2024) Full year 2025 results: EPS: JP¥71.73 (up from JP¥54.87 in FY 2024). Revenue: JP¥19.9b (up 1.3% from FY 2024). Net income: JP¥1.16b (up 31% from FY 2024). Profit margin: 5.8% (up from 4.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. 공시 • May 13
Dainichi Co., Ltd., Annual General Meeting, Jun 26, 2025 Dainichi Co., Ltd., Annual General Meeting, Jun 26, 2025. Buy Or Sell Opportunity • May 13
Now 20% undervalued Over the last 90 days, the stock has risen 1.4% to JP¥653. The fair value is estimated to be JP¥817, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Earnings per share has declined by 17%. Buy Or Sell Opportunity • Apr 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.0% to JP¥624. The fair value is estimated to be JP¥797, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Earnings per share has declined by 17%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). 공시 • Mar 04
Dainichi Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Dainichi Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥83.78 (vs JP¥68.09 in 3Q 2024) Third quarter 2025 results: EPS: JP¥83.78 (up from JP¥68.09 in 3Q 2024). Revenue: JP¥11.0b (up 3.1% from 3Q 2024). Net income: JP¥1.36b (up 23% from 3Q 2024). Profit margin: 12% (up from 10% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jan 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to JP¥679. The fair value is estimated to be JP¥560, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Earnings per share has declined by 19%. 공시 • Dec 03
Dainichi Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Dainichi Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Nov 02
Dividend of JP¥22.00 announced Dividend of JP¥22.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.6%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. 공시 • Aug 30
Dainichi Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Dainichi Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Aug 02
First quarter 2025 earnings released: JP¥20.20 loss per share (vs JP¥19.52 loss in 1Q 2024) First quarter 2025 results: JP¥20.20 loss per share (further deteriorated from JP¥19.52 loss in 1Q 2024). Revenue: JP¥1.16b (down 11% from 1Q 2024). Net loss: JP¥327.0m (loss widened 3.5% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. 공시 • Jun 06
Dainichi Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024 Dainichi Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥54.87 (vs JP¥74.76 in FY 2023) Full year 2024 results: EPS: JP¥54.87 (down from JP¥74.76 in FY 2023). Revenue: JP¥19.7b (down 7.4% from FY 2023). Net income: JP¥888.0m (down 27% from FY 2023). Profit margin: 4.5% (down from 5.7% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. 공시 • May 15
Dainichi Co., Ltd., Annual General Meeting, Jun 26, 2024 Dainichi Co., Ltd., Annual General Meeting, Jun 26, 2024. Buy Or Sell Opportunity • Mar 26
Now 20% undervalued Over the last 90 days, the stock has risen 1.7% to JP¥720. The fair value is estimated to be JP¥901, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 3.5%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.6%). 공시 • Mar 02
Dainichi Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 Dainichi Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥68.09 (vs JP¥92.74 in 3Q 2023) Third quarter 2024 results: EPS: JP¥68.09 (down from JP¥92.74 in 3Q 2023). Revenue: JP¥10.7b (down 13% from 3Q 2023). Net income: JP¥1.10b (down 27% from 3Q 2023). Profit margin: 10% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year. 공시 • Dec 01
Dainichi Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Dainichi Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥44.05 (vs JP¥41.09 in 2Q 2023) Second quarter 2024 results: EPS: JP¥44.05 (up from JP¥41.09 in 2Q 2023). Revenue: JP¥6.38b (up 3.1% from 2Q 2023). Net income: JP¥713.0m (up 7.2% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. 공시 • Aug 27
Dainichi Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Dainichi Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: JP¥19.52 loss per share (vs JP¥21.13 loss in 1Q 2023) First quarter 2024 results: JP¥19.52 loss per share (improved from JP¥21.13 loss in 1Q 2023). Revenue: JP¥1.30b (up 12% from 1Q 2023). Net loss: JP¥316.0m (loss narrowed 7.6% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. 공시 • May 31
Dainichi Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Dainichi Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥74.76 (vs JP¥66.30 in FY 2022) Full year 2023 results: EPS: JP¥74.76 (up from JP¥66.30 in FY 2022). Revenue: JP¥21.2b (flat on FY 2022). Net income: JP¥1.21b (up 13% from FY 2022). Profit margin: 5.7% (up from 5.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 34% 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 13
Dainichi Co., Ltd., Annual General Meeting, Jun 28, 2023 Dainichi Co., Ltd., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.8%. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥92.74 (vs JP¥88.23 in 3Q 2022) Third quarter 2023 results: EPS: JP¥92.74 (up from JP¥88.23 in 3Q 2022). Revenue: JP¥12.2b (down 1.0% from 3Q 2022). Net income: JP¥1.50b (up 5.1% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. 공시 • Dec 01
Dainichi Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Dainichi Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Production Headquarters Manager & Director Masahiro Kaiho was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥41.09 (vs JP¥30.58 in 2Q 2022) Second quarter 2023 results: EPS: JP¥41.09 (up from JP¥30.58 in 2Q 2022). Revenue: JP¥6.19b (up 19% from 2Q 2022). Net income: JP¥665.0m (up 34% from 2Q 2022). Profit margin: 11% (up from 9.5% 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 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. 공시 • Aug 31
Dainichi Co., Ltd. to Report Q1, 2023 Results on Oct 31, 2022 Dainichi Co., Ltd. announced that they will report Q1, 2023 results on Oct 31, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: JP¥21.13 loss per share (vs JP¥22.37 loss in 1Q 2022) First quarter 2023 results: JP¥21.13 loss per share (up from JP¥22.37 loss in 1Q 2022). Revenue: JP¥1.16b (up 2.7% from 1Q 2022). Net loss: JP¥342.0m (loss narrowed 5.5% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. 공시 • Jun 01
Dainichi Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Dainichi Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥66.30 (vs JP¥90.58 in FY 2021) Full year 2022 results: EPS: JP¥66.30 (down from JP¥90.58 in FY 2021). Revenue: JP¥21.1b (down 7.9% from FY 2021). Net income: JP¥1.07b (down 27% from FY 2021). Profit margin: 5.1% (down from 6.4% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. 공시 • May 14
Dainichi Co., Ltd., Annual General Meeting, Jun 28, 2022 Dainichi Co., Ltd., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Production Headquarters Manager & Director Masahiro Kaiho was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 08
Dainichi Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Dainichi Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Inaugural dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. The company is not currently making a profit but it is cash flow positive. The company last paid an ordinary dividend in May 2011. The average dividend yield among industry peers is 1.6%. Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥88.22 (down from JP¥103 in 3Q 2021). Revenue: JP¥12.4b (down 12% from 3Q 2021). Net income: JP¥1.43b (down 14% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥30.58 (vs JP¥21.44 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥5.19b (up 2.1% from 2Q 2021). Net income: JP¥495.0m (up 43% from 2Q 2021). Profit margin: 9.5% (up from 6.8% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 12
First quarter 2022 earnings released: JP¥22.37 loss per share (vs JP¥22.24 loss in 1Q 2021) The company reported a poor first quarter result with weaker revenues, weaker control over costs and no improvement to losses. First quarter 2022 results: Revenue: JP¥1.13b (down 7.1% from 1Q 2021). Net loss: JP¥362.0m (flat on 1Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS JP¥90.58 (vs JP¥7.17 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥22.9b (up 22% from FY 2020). Net income: JP¥1.47b (up JP¥1.35b from FY 2020). Profit margin: 6.4% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥90.58 (vs JP¥7.17 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥22.9b (up 22% from FY 2020). Net income: JP¥1.47b (up JP¥1.35b from FY 2020). Profit margin: 6.4% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Inaugural dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.3%. 공시 • Mar 05
Dainichi Co., Ltd. to Report Fiscal Year 2021 Results on May 13, 2021 Dainichi Co., Ltd. announced that they will report fiscal year 2021 results on May 13, 2021 Is New 90 Day High Low • Feb 24
New 90-day low: JP¥823 The company is down 13% from its price of JP¥950 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 19% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥103 (vs JP¥76.61 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥14.0b (up 11% from 3Q 2020). Net income: JP¥1.66b (up 34% from 3Q 2020). Profit margin: 12% (up from 9.8% 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 25% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 08
New 90-day high: JP¥981 The company is up 29% from its price of JP¥763 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 26% over the same period. 공시 • Sep 04
Dainichi Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Dainichi Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020