View Future GrowthHeiwa 과거 순이익 실적과거 기준 점검 2/6Heiwa은 연평균 8.5%의 비율로 수입이 증가해 온 반면, Hospitality 산업은 수입이 33.5% 증가했습니다. 매출은 연평균 14.7%의 비율로 증가했습니다. Heiwa의 자기자본이익률은 4.5%이고 순이익률은 4.3%입니다.핵심 정보8.46%순이익 성장률8.47%주당순이익(EPS) 성장률Hospitality 산업 성장률7.31%매출 성장률14.70%자기자본이익률4.53%순이익률4.30%최근 순이익 업데이트30 Jun 2026최근 과거 실적 업데이트Reported Earnings • Aug 08First quarter 2027 earnings released: EPS: JP¥80.52 (vs JP¥82.94 in 1Q 2026)First quarter 2027 results: EPS: JP¥80.52 (down from JP¥82.94 in 1Q 2026). Revenue: JP¥77.8b (up 11% from 1Q 2026). Net income: JP¥7.94b (down 2.9% from 1Q 2026). Profit margin: 10% (down from 12% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% 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.분석 기사 • Jul 05Weak Statutory Earnings May Not Tell The Whole Story For Heiwa (TSE:6412)A lackluster earnings announcement from Heiwa Corporation ( TSE:6412 ) last week didn't sink the stock price. However...공고 • Jun 09Heiwa Corporation to Report Q1, 2027 Results on Aug 07, 2026Heiwa Corporation announced that they will report Q1, 2027 results on Aug 07, 2026Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥118 (down from JP¥132 in FY 2025). Revenue: JP¥258.1b (up 77% from FY 2025). Net income: JP¥11.7b (down 11% from FY 2025). Profit margin: 4.5% (down from 9.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 44%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year.공고 • May 10Heiwa Corporation to Report Fiscal Year 2026 Results on May 13, 2026Heiwa Corporation announced that they will report fiscal year 2026 results on May 13, 2026Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥73.50 (vs JP¥103 in 3Q 2025)Third quarter 2026 results: EPS: JP¥73.50 (down from JP¥103 in 3Q 2025). Revenue: JP¥75.1b (up 60% from 3Q 2025). Net income: JP¥7.25b (down 29% from 3Q 2025). Profit margin: 9.7% (down from 22% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.모든 업데이트 보기Recent updatesReported Earnings • Aug 08First quarter 2027 earnings released: EPS: JP¥80.52 (vs JP¥82.94 in 1Q 2026)First quarter 2027 results: EPS: JP¥80.52 (down from JP¥82.94 in 1Q 2026). Revenue: JP¥77.8b (up 11% from 1Q 2026). Net income: JP¥7.94b (down 2.9% from 1Q 2026). Profit margin: 10% (down from 12% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% 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.Declared Dividend • Jul 25Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 10th December 2026 Dividend yield will be 3.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Jul 05Weak Statutory Earnings May Not Tell The Whole Story For Heiwa (TSE:6412)A lackluster earnings announcement from Heiwa Corporation ( TSE:6412 ) last week didn't sink the stock price. However...공고 • Jun 09Heiwa Corporation to Report Q1, 2027 Results on Aug 07, 2026Heiwa Corporation announced that they will report Q1, 2027 results on Aug 07, 2026Price Target Changed • Jun 04Price target increased by 10% to JP¥3,020Up from JP¥2,740, the current price target is provided by 1 analyst. New target price is 47% above last closing price of JP¥2,053. Stock is down 0.8% over the past year. The company is forecast to post earnings per share of JP¥189 for next year compared to JP¥118 last year.Major Estimate Revision • May 30Consensus EPS estimates fall by 18%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥269.5b to JP¥279.0b. EPS estimate fell from JP¥203 to JP¥167 per share. Net income forecast to grow 41% next year vs 11% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price fell 2.5% to JP¥1,942 over the past week.실시간 뉴스 • May 16Heiwa to Launch Holding Company Structure in 2026 After Surpassing FY2026 Profit ForecastsHeiwa plans to shift to a pure holding company structure on October 1, 2026, under the new name HEIWA HOLDINGS INC., separating group oversight from day‑to‑day operations. The pachinko and pachi slot machine operations will move into a new subsidiary, Olympia Co., Ltd., which will be led by current Representative Director Toshinobu Moromizato after his retirement from the board. The company reported FY2026 results that came in above its initial sales and profit forecasts, supported by lower R&D spending in machines, gains on asset sales, reduced disaster recovery costs, and lower impairment losses in the golf business, while keeping dividends and the balance sheet steady. This combination of a holding company transition and stronger‑than‑planned FY2026 earnings points to a management focus on clearer governance, capital allocation and steady shareholder returns. Investors may want to watch how the new structure affects decision‑making speed in core pachinko operations and whether items such as asset sales and tax adjustments recur or fade in future profit figures.Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥118 (down from JP¥132 in FY 2025). Revenue: JP¥258.1b (up 77% from FY 2025). Net income: JP¥11.7b (down 11% from FY 2025). Profit margin: 4.5% (down from 9.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 44%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year.공고 • May 13Heiwa Corporation, Annual General Meeting, Jun 26, 2026Heiwa Corporation, Annual General Meeting, Jun 26, 2026.공고 • May 10Heiwa Corporation to Report Fiscal Year 2026 Results on May 13, 2026Heiwa Corporation announced that they will report fiscal year 2026 results on May 13, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio and cash payout ratio are on the higher end at 83% and 88% respectively. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%).공고 • Mar 23Heiwa Corporation(TSE:6412) dropped from FTSE All-World Index (USD)Heiwa Corporation(TSE:6412) dropped from FTSE All-World Index (USD)Major Estimate Revision • Mar 10Consensus EPS estimates fall by 59%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥270.4b to JP¥258.0b. EPS estimate also fell from JP¥197 per share to JP¥80.10 per share. Net income forecast to grow 89% next year vs 18% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,860 unchanged from last update. Share price was steady at JP¥1,992 over the past week.Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥73.50 (vs JP¥103 in 3Q 2025)Third quarter 2026 results: EPS: JP¥73.50 (down from JP¥103 in 3Q 2025). Revenue: JP¥75.1b (up 60% from 3Q 2025). Net income: JP¥7.25b (down 29% from 3Q 2025). Profit margin: 9.7% (down from 22% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.분석 기사 • Dec 11Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) will pay a dividend of ¥40.00 on the 30th of June. The dividend yield will be 4.1% based...Declared Dividend • Dec 11First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 4.1%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Dec 03Heiwa Corporation to Report Q3, 2026 Results on Feb 10, 2026Heiwa Corporation announced that they will report Q3, 2026 results on Feb 10, 2026Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥16.50 (vs JP¥48.53 in 2Q 2025)Second quarter 2026 results: EPS: JP¥16.50 (down from JP¥48.53 in 2Q 2025). Revenue: JP¥61.2b (up 69% from 2Q 2025). Net income: JP¥1.63b (down 66% from 2Q 2025). Profit margin: 2.7% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 51% and the cash payout ratio is 82%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.8%).분석 기사 • Sep 03Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 10th of December...공고 • Sep 03Heiwa Corporation to Report Q2, 2026 Results on Nov 13, 2025Heiwa Corporation announced that they will report Q2, 2026 results on Nov 13, 2025Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥82.94 (vs JP¥57.07 in 1Q 2025)First quarter 2026 results: EPS: JP¥82.94 (up from JP¥57.07 in 1Q 2025). Revenue: JP¥70.2b (up 97% from 1Q 2025). Net income: JP¥8.18b (up 45% from 1Q 2025). Profit margin: 12% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.분석 기사 • Jul 24Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 10th of December...분석 기사 • Jul 10Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 10th of December. This...Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 10th December 2025 Dividend yield will be 3.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 61% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공고 • Jul 02Heiwa Corporation to Report Q1, 2026 Results on Aug 08, 2025Heiwa Corporation announced that they will report Q1, 2026 results on Aug 08, 2025New Risk • May 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.0% 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 (4.0% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (131% cash payout ratio).분석 기사 • May 19Heiwa Corporation's (TSE:6412) Price Is Right But Growth Is LackingHeiwa Corporation's ( TSE:6412 ) price-to-earnings (or "P/E") ratio of 8.2x might make it look like a buy right now...공고 • May 14Heiwa Corporation, Annual General Meeting, Jun 27, 2025Heiwa Corporation, Annual General Meeting, Jun 27, 2025.분석 기사 • Mar 27Heiwa (TSE:6412) Has Affirmed Its Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. The...공고 • Mar 27Heiwa Corporation to Report Fiscal Year 2025 Results on May 14, 2025Heiwa Corporation announced that they will report fiscal year 2025 results on May 14, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%).분석 기사 • Mar 06Heiwa's (TSE:6412) Dividend Will Be ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th of June. This...분석 기사 • Feb 17Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) will pay a dividend of ¥40.00 on the 30th of June. This makes the dividend yield 3.4...Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥103 (vs JP¥42.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥103 (up from JP¥42.31 in 3Q 2024). Revenue: JP¥47.0b (up 30% from 3Q 2024). Net income: JP¥10.2b (up 144% from 3Q 2024). Profit margin: 22% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 03Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...분석 기사 • Jan 08Heiwa (TSE:6412) Has Affirmed Its Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...분석 기사 • Dec 25Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...분석 기사 • Dec 11Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. Based on...Declared Dividend • Dec 11First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (139% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공고 • Dec 05Heiwa Corporation to Report Q3, 2025 Results on Feb 07, 2025Heiwa Corporation announced that they will report Q3, 2025 results on Feb 07, 2025Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥48.53 (vs JP¥25.28 in 2Q 2024)Second quarter 2025 results: EPS: JP¥48.53 (up from JP¥25.28 in 2Q 2024). Revenue: JP¥36.2b (up 14% from 2Q 2024). Net income: JP¥4.79b (up 92% from 2Q 2024). Profit margin: 13% (up from 7.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.분석 기사 • Oct 25Heiwa (TSE:6412) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%).분석 기사 • Aug 31Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of...공고 • Aug 30Heiwa Corporation to Report Q2, 2025 Results on Nov 08, 2024Heiwa Corporation announced that they will report Q2, 2025 results on Nov 08, 2024분석 기사 • Aug 12Heiwa (TSE:6412) Is Due To Pay A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of December...Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥57.06 (vs JP¥50.12 in 1Q 2024)First quarter 2025 results: EPS: JP¥57.06 (up from JP¥50.12 in 1Q 2024). Revenue: JP¥35.6b (up 1.8% from 1Q 2024). Net income: JP¥5.63b (up 14% from 1Q 2024). Profit margin: 16% (up from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.분석 기사 • Jul 26Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of...분석 기사 • Jul 12Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of December...Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 3.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but not covered by cash flows (312% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.공고 • Jun 10Heiwa Corporation to Report Q1, 2025 Results on Aug 08, 2024Heiwa Corporation announced that they will report Q1, 2025 results on Aug 08, 2024Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥168 (vs JP¥210 in FY 2023)Full year 2024 results: EPS: JP¥168 (down from JP¥210 in FY 2023). Revenue: JP¥136.4b (down 4.2% from FY 2023). Net income: JP¥16.6b (down 20% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공고 • May 12Heiwa Corporation, Annual General Meeting, Jun 27, 2024Heiwa Corporation, Annual General Meeting, Jun 27, 2024.분석 기사 • Apr 02Heiwa Corporation's (TSE:6412) Price Is Out Of Tune With EarningsThere wouldn't be many who think Heiwa Corporation's ( TSE:6412 ) price-to-earnings (or "P/E") ratio of 16.5x is worth...Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%).분석 기사 • Mar 02Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend on the 1st of July, with...공고 • Mar 02Heiwa Corporation to Report Fiscal Year 2024 Results on May 10, 2024Heiwa Corporation announced that they will report fiscal year 2024 results on May 10, 2024Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥42.31 (vs JP¥98.43 in 3Q 2023)Third quarter 2024 results: EPS: JP¥42.31 (down from JP¥98.43 in 3Q 2023). Revenue: JP¥36.1b (down 20% from 3Q 2023). Net income: JP¥4.17b (down 57% from 3Q 2023). Profit margin: 12% (down from 21% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공고 • Dec 03Heiwa Corporation to Report Q3, 2024 Results on Feb 09, 2024Heiwa Corporation announced that they will report Q3, 2024 results on Feb 09, 2024Price Target Changed • Nov 29Price target increased by 10% to JP¥3,720Up from JP¥3,380, the current price target is provided by 1 analyst. New target price is 75% above last closing price of JP¥2,130. Stock is down 13% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥210 last year.Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥25.28 (vs JP¥55.19 in 2Q 2023)Second quarter 2024 results: EPS: JP¥25.28 (down from JP¥55.19 in 2Q 2023). Revenue: JP¥31.8b (down 12% from 2Q 2023). Net income: JP¥2.49b (down 54% from 2Q 2023). Profit margin: 7.8% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥40.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.5%).공고 • Aug 31Heiwa Corporation to Report Q2, 2024 Results on Nov 09, 2023Heiwa Corporation announced that they will report Q2, 2024 results on Nov 09, 2023Major Estimate Revision • Aug 17Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥159.7b to JP¥144.7b. EPS estimate also fell from JP¥211 per share to JP¥184 per share. Net income forecast to shrink 7.6% next year vs 15% growth forecast for Hospitality industry in Japan . Consensus price target down from JP¥3,710 to JP¥3,380. Share price fell 11% to JP¥2,203 over the past week.Price Target Changed • Aug 15Price target decreased by 11% to JP¥3,380Down from JP¥3,800, the current price target is provided by 1 analyst. New target price is 50% above last closing price of JP¥2,255. Stock is up 9.0% over the past year. The company is forecast to post earnings per share of JP¥184 for next year compared to JP¥210 last year.Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥50.12 (vs JP¥54.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥50.12 (down from JP¥54.29 in 1Q 2023). Revenue: JP¥34.9b (flat on 1Q 2023). Net income: JP¥4.94b (down 7.7% from 1Q 2023). Profit margin: 14% (down from 15% in 1Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공고 • Jun 18Heiwa Corporation to Report Q1, 2024 Results on Aug 09, 2023Heiwa Corporation announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 17Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥210 (up from JP¥22.23 in FY 2022). Revenue: JP¥142.3b (up 17% from FY 2022). Net income: JP¥20.7b (up JP¥18.5b from FY 2022). Profit margin: 14% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공고 • May 14Heiwa Corporation, Annual General Meeting, Jun 29, 2023Heiwa Corporation, Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.5%).Major Estimate Revision • Feb 18Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥145.1b to JP¥141.4b. EPS estimate rose from JP¥166 to JP¥186. Net income forecast to grow 21% next year vs 8.4% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥2,580 to JP¥3,800. Share price was steady at JP¥2,342 over the past week.Price Target Changed • Feb 17Price target increased by 50% to JP¥3,800Up from JP¥2,540, the current price target is provided by 1 analyst. New target price is 62% above last closing price of JP¥2,342. Stock is up 21% over the past year. The company is forecast to post earnings per share of JP¥186 for next year compared to JP¥22.23 last year.Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥98.43 (vs JP¥20.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥98.43 (up from JP¥20.90 in 3Q 2022). Revenue: JP¥45.3b (up 35% from 3Q 2022). Net income: JP¥9.71b (up 371% from 3Q 2022). Profit margin: 21% (up from 6.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공고 • Dec 21Heiwa Corporation to Report Q3, 2023 Results on Feb 08, 2023Heiwa Corporation announced that they will report Q3, 2023 results on Feb 08, 2023Reported Earnings • Nov 16Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥55.19 (up from JP¥0.91 loss in 2Q 2022). Revenue: JP¥36.2b (up 36% from 2Q 2022). Net income: JP¥5.44b (up JP¥5.53b from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. 1 independent director (10 non-independent directors). Independent External Director Kota Yamaguchi was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 11Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥55.19 (up from JP¥0.91 loss in 2Q 2022). Revenue: JP¥36.2b (up 36% from 2Q 2022). Net income: JP¥5.44b (up JP¥5.53b from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.5%).Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥54.29 (vs JP¥26.70 in 1Q 2022)First quarter 2023 results: EPS: JP¥54.29 (up from JP¥26.70 in 1Q 2022). Revenue: JP¥34.7b (up 8.4% from 1Q 2022). Net income: JP¥5.36b (up 103% from 1Q 2022). Profit margin: 15% (up from 8.2% in 1Q 2022). Over the next year, revenue is forecast to grow 17%, compared to a 38% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • May 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥22.23 (up from JP¥8.77 in FY 2021). Revenue: JP¥121.6b (up 13% from FY 2021). Net income: JP¥2.19b (up 154% from FY 2021). Profit margin: 1.8% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 57%. Over the next year, revenue is forecast to grow 12%, compared to a 49% growth forecast for the restaurants industry in Japan. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. 1 independent director (10 non-independent directors). Independent External Director Kota Yamaguchi was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).Reported Earnings • Feb 10Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥20.90 (down from JP¥37.02 in 3Q 2021). Revenue: JP¥33.6b (down 12% from 3Q 2021). Net income: JP¥2.06b (down 44% from 3Q 2021). Profit margin: 6.1% (down from 9.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 6.5%, compared to a 3.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% 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.Reported Earnings • Nov 11Second quarter 2022 earnings released: JP¥0.91 loss per share (vs JP¥3.71 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥26.7b (up 24% from 2Q 2021). Net loss: JP¥90.0m (loss narrowed 75% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% 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.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥26.70 (vs JP¥58.93 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥32.1b (up 98% from 1Q 2021). Net income: JP¥2.63b (up JP¥8.45b from 1Q 2021). Profit margin: 8.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jun 03Consensus EPS estimates increase to JP¥144The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥122.6b to JP¥133.3b. EPS estimate increased from JP¥127 to JP¥144 per share. Net income forecast to grow 1,542% next year vs 33% growth forecast for Leisure industry in Japan. Consensus price target up from JP¥2,520 to JP¥2,600. Share price rose 2.5% to JP¥1,858 over the past week.Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥8.77 (vs JP¥161 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥107.7b (down 26% from FY 2020). Net income: JP¥865.0m (down 95% from FY 2020). Profit margin: 0.8% (down from 11% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).Price Target Changed • Mar 04Price target raised to JP¥2,520Up from JP¥1,990, the current price target is provided by 1 analyst. The new target price is 39% above the current share price of JP¥1,815. As of last close, the stock is down 11% over the past year.Is New 90 Day High Low • Feb 22New 90-day high: JP¥1,601The company is up 4.0% from its price of JP¥1,542 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 6.0% over the same period.Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥37.02 (vs JP¥59.70 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥38.3b (down 5.2% from 3Q 2020). Net income: JP¥3.65b (down 38% from 3Q 2020). Profit margin: 9.5% (down from 15% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 13%, compared to a 9.0% growth forecast for the Leisure industry in Japan.Is New 90 Day High Low • Dec 28New 90-day low: JP¥1,420The company is down 21% from its price of JP¥1,792 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 12% over the same period.매출 및 비용 세부 내역Heiwa가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:6412 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비30 Jun 26265,62211,43123,70810,43231 Mar 26258,10711,67023,70510,43231 Dec 25233,6399,53727,8609,07630 Sep 25205,54812,45625,8699,07630 Jun 25180,53015,61621,5849,07631 Mar 25145,86713,06415,4119,07631 Dec 24152,35925,58515,5189,07130 Sep 24141,45619,59014,1849,07130 Jun 24137,02517,29614,1299,07131 Mar 24136,38116,61113,9809,07131 Dec 23128,84111,78815,2477,00930 Sep 23138,07517,32315,5967,00930 Jun 23142,50120,27315,1237,00931 Mar 23142,29020,68514,9687,00931 Dec 22145,43518,09512,8309,09130 Sep 22133,73410,44812,6179,09130 Jun 22124,2384,91513,1419,09131 Mar 22121,5582,19313,7819,09131 Dec 21124,0117,99713,0769,94930 Sep 21128,7179,58713,5439,94930 Jun 21123,6229,31113,4659,94931 Mar 21107,74486513,4789,94931 Dec 20106,348-1,95210,62712,68030 Sep 20108,44328612,39012,68030 Jun 20123,9374,20216,71812,68031 Mar 20144,57315,87217,91212,68031 Dec 19147,86314,78023,3957,88130 Sep 19138,68012,25921,8867,88130 Jun 19140,16114,00818,8987,88131 Mar 19144,98016,34118,1277,88131 Dec 18143,98317,73614,43110,83230 Sep 18150,79918,16616,04110,83230 Jun 18143,84612,58617,64010,83231 Mar 18132,7656,79918,10310,83231 Dec 17136,9499,56119,88012,84130 Sep 17154,76214,42220,49912,84130 Jun 17167,41021,81220,94312,84131 Mar 17186,21827,05823,34112,84131 Dec 16191,06623,23922,86615,59030 Sep 16188,96723,65323,31315,59030 Jun 16216,77129,78923,42315,59031 Mar 16214,95428,14323,04315,59031 Dec 15221,12433,29924,17213,62430 Sep 15207,25527,41423,69613,624양질의 수익: 6412는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 6412의 현재 순 이익률 (4.3%)은 지난해 (8.7%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 6412의 수익은 지난 5년 동안 연평균 8.5% 증가했습니다.성장 가속화: 6412은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 6412은 지난 1년 동안 수익이 감소(-26.8%)하여 Hospitality 업계 평균(18.1%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 6412의 자본 수익률(4.5%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-services 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/14 13:19종가2026/08/14 00:00수익2026/06/30연간 수익2026/03/31데이터 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Heiwa Corporation는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yuki OkishioBarclaysMasatoshi NagataIchiyoshi Research Institute Inc.Soichiro FukudaTokai Tokyo Intelligence Laboratory Co., Ltd.
Reported Earnings • Aug 08First quarter 2027 earnings released: EPS: JP¥80.52 (vs JP¥82.94 in 1Q 2026)First quarter 2027 results: EPS: JP¥80.52 (down from JP¥82.94 in 1Q 2026). Revenue: JP¥77.8b (up 11% from 1Q 2026). Net income: JP¥7.94b (down 2.9% from 1Q 2026). Profit margin: 10% (down from 12% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% 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.
분석 기사 • Jul 05Weak Statutory Earnings May Not Tell The Whole Story For Heiwa (TSE:6412)A lackluster earnings announcement from Heiwa Corporation ( TSE:6412 ) last week didn't sink the stock price. However...
공고 • Jun 09Heiwa Corporation to Report Q1, 2027 Results on Aug 07, 2026Heiwa Corporation announced that they will report Q1, 2027 results on Aug 07, 2026
Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥118 (down from JP¥132 in FY 2025). Revenue: JP¥258.1b (up 77% from FY 2025). Net income: JP¥11.7b (down 11% from FY 2025). Profit margin: 4.5% (down from 9.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 44%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year.
공고 • May 10Heiwa Corporation to Report Fiscal Year 2026 Results on May 13, 2026Heiwa Corporation announced that they will report fiscal year 2026 results on May 13, 2026
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥73.50 (vs JP¥103 in 3Q 2025)Third quarter 2026 results: EPS: JP¥73.50 (down from JP¥103 in 3Q 2025). Revenue: JP¥75.1b (up 60% from 3Q 2025). Net income: JP¥7.25b (down 29% from 3Q 2025). Profit margin: 9.7% (down from 22% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 08First quarter 2027 earnings released: EPS: JP¥80.52 (vs JP¥82.94 in 1Q 2026)First quarter 2027 results: EPS: JP¥80.52 (down from JP¥82.94 in 1Q 2026). Revenue: JP¥77.8b (up 11% from 1Q 2026). Net income: JP¥7.94b (down 2.9% from 1Q 2026). Profit margin: 10% (down from 12% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% 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.
Declared Dividend • Jul 25Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 10th December 2026 Dividend yield will be 3.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Jul 05Weak Statutory Earnings May Not Tell The Whole Story For Heiwa (TSE:6412)A lackluster earnings announcement from Heiwa Corporation ( TSE:6412 ) last week didn't sink the stock price. However...
공고 • Jun 09Heiwa Corporation to Report Q1, 2027 Results on Aug 07, 2026Heiwa Corporation announced that they will report Q1, 2027 results on Aug 07, 2026
Price Target Changed • Jun 04Price target increased by 10% to JP¥3,020Up from JP¥2,740, the current price target is provided by 1 analyst. New target price is 47% above last closing price of JP¥2,053. Stock is down 0.8% over the past year. The company is forecast to post earnings per share of JP¥189 for next year compared to JP¥118 last year.
Major Estimate Revision • May 30Consensus EPS estimates fall by 18%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥269.5b to JP¥279.0b. EPS estimate fell from JP¥203 to JP¥167 per share. Net income forecast to grow 41% next year vs 11% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price fell 2.5% to JP¥1,942 over the past week.
실시간 뉴스 • May 16Heiwa to Launch Holding Company Structure in 2026 After Surpassing FY2026 Profit ForecastsHeiwa plans to shift to a pure holding company structure on October 1, 2026, under the new name HEIWA HOLDINGS INC., separating group oversight from day‑to‑day operations. The pachinko and pachi slot machine operations will move into a new subsidiary, Olympia Co., Ltd., which will be led by current Representative Director Toshinobu Moromizato after his retirement from the board. The company reported FY2026 results that came in above its initial sales and profit forecasts, supported by lower R&D spending in machines, gains on asset sales, reduced disaster recovery costs, and lower impairment losses in the golf business, while keeping dividends and the balance sheet steady. This combination of a holding company transition and stronger‑than‑planned FY2026 earnings points to a management focus on clearer governance, capital allocation and steady shareholder returns. Investors may want to watch how the new structure affects decision‑making speed in core pachinko operations and whether items such as asset sales and tax adjustments recur or fade in future profit figures.
Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥118 (down from JP¥132 in FY 2025). Revenue: JP¥258.1b (up 77% from FY 2025). Net income: JP¥11.7b (down 11% from FY 2025). Profit margin: 4.5% (down from 9.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 44%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year.
공고 • May 13Heiwa Corporation, Annual General Meeting, Jun 26, 2026Heiwa Corporation, Annual General Meeting, Jun 26, 2026.
공고 • May 10Heiwa Corporation to Report Fiscal Year 2026 Results on May 13, 2026Heiwa Corporation announced that they will report fiscal year 2026 results on May 13, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio and cash payout ratio are on the higher end at 83% and 88% respectively. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%).
공고 • Mar 23Heiwa Corporation(TSE:6412) dropped from FTSE All-World Index (USD)Heiwa Corporation(TSE:6412) dropped from FTSE All-World Index (USD)
Major Estimate Revision • Mar 10Consensus EPS estimates fall by 59%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥270.4b to JP¥258.0b. EPS estimate also fell from JP¥197 per share to JP¥80.10 per share. Net income forecast to grow 89% next year vs 18% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥2,860 unchanged from last update. Share price was steady at JP¥1,992 over the past week.
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥73.50 (vs JP¥103 in 3Q 2025)Third quarter 2026 results: EPS: JP¥73.50 (down from JP¥103 in 3Q 2025). Revenue: JP¥75.1b (up 60% from 3Q 2025). Net income: JP¥7.25b (down 29% from 3Q 2025). Profit margin: 9.7% (down from 22% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
분석 기사 • Dec 11Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) will pay a dividend of ¥40.00 on the 30th of June. The dividend yield will be 4.1% based...
Declared Dividend • Dec 11First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 4.1%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Dec 03Heiwa Corporation to Report Q3, 2026 Results on Feb 10, 2026Heiwa Corporation announced that they will report Q3, 2026 results on Feb 10, 2026
Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥16.50 (vs JP¥48.53 in 2Q 2025)Second quarter 2026 results: EPS: JP¥16.50 (down from JP¥48.53 in 2Q 2025). Revenue: JP¥61.2b (up 69% from 2Q 2025). Net income: JP¥1.63b (down 66% from 2Q 2025). Profit margin: 2.7% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 51% and the cash payout ratio is 82%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.8%).
분석 기사 • Sep 03Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 10th of December...
공고 • Sep 03Heiwa Corporation to Report Q2, 2026 Results on Nov 13, 2025Heiwa Corporation announced that they will report Q2, 2026 results on Nov 13, 2025
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥82.94 (vs JP¥57.07 in 1Q 2025)First quarter 2026 results: EPS: JP¥82.94 (up from JP¥57.07 in 1Q 2025). Revenue: JP¥70.2b (up 97% from 1Q 2025). Net income: JP¥8.18b (up 45% from 1Q 2025). Profit margin: 12% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jul 24Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 10th of December...
분석 기사 • Jul 10Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 10th of December. This...
Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 10th December 2025 Dividend yield will be 3.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 61% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공고 • Jul 02Heiwa Corporation to Report Q1, 2026 Results on Aug 08, 2025Heiwa Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
New Risk • May 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.0% 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 (4.0% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (131% cash payout ratio).
분석 기사 • May 19Heiwa Corporation's (TSE:6412) Price Is Right But Growth Is LackingHeiwa Corporation's ( TSE:6412 ) price-to-earnings (or "P/E") ratio of 8.2x might make it look like a buy right now...
공고 • May 14Heiwa Corporation, Annual General Meeting, Jun 27, 2025Heiwa Corporation, Annual General Meeting, Jun 27, 2025.
분석 기사 • Mar 27Heiwa (TSE:6412) Has Affirmed Its Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. The...
공고 • Mar 27Heiwa Corporation to Report Fiscal Year 2025 Results on May 14, 2025Heiwa Corporation announced that they will report fiscal year 2025 results on May 14, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%).
분석 기사 • Mar 06Heiwa's (TSE:6412) Dividend Will Be ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th of June. This...
분석 기사 • Feb 17Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) will pay a dividend of ¥40.00 on the 30th of June. This makes the dividend yield 3.4...
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥103 (vs JP¥42.31 in 3Q 2024)Third quarter 2025 results: EPS: JP¥103 (up from JP¥42.31 in 3Q 2024). Revenue: JP¥47.0b (up 30% from 3Q 2024). Net income: JP¥10.2b (up 144% from 3Q 2024). Profit margin: 22% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 03Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...
분석 기사 • Jan 08Heiwa (TSE:6412) Has Affirmed Its Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...
분석 기사 • Dec 25Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 30th...
분석 기사 • Dec 11Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation's ( TSE:6412 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. Based on...
Declared Dividend • Dec 11First half dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (139% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공고 • Dec 05Heiwa Corporation to Report Q3, 2025 Results on Feb 07, 2025Heiwa Corporation announced that they will report Q3, 2025 results on Feb 07, 2025
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥48.53 (vs JP¥25.28 in 2Q 2024)Second quarter 2025 results: EPS: JP¥48.53 (up from JP¥25.28 in 2Q 2024). Revenue: JP¥36.2b (up 14% from 2Q 2024). Net income: JP¥4.79b (up 92% from 2Q 2024). Profit margin: 13% (up from 7.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
분석 기사 • Oct 25Heiwa (TSE:6412) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%).
분석 기사 • Aug 31Heiwa (TSE:6412) Will Pay A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of...
공고 • Aug 30Heiwa Corporation to Report Q2, 2025 Results on Nov 08, 2024Heiwa Corporation announced that they will report Q2, 2025 results on Nov 08, 2024
분석 기사 • Aug 12Heiwa (TSE:6412) Is Due To Pay A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of December...
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥57.06 (vs JP¥50.12 in 1Q 2024)First quarter 2025 results: EPS: JP¥57.06 (up from JP¥50.12 in 1Q 2024). Revenue: JP¥35.6b (up 1.8% from 1Q 2024). Net income: JP¥5.63b (up 14% from 1Q 2024). Profit margin: 16% (up from 14% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
분석 기사 • Jul 26Heiwa (TSE:6412) Is Paying Out A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of...
분석 기사 • Jul 12Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend of ¥40.00 per share on the 9th of December...
Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 3.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but not covered by cash flows (312% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
공고 • Jun 10Heiwa Corporation to Report Q1, 2025 Results on Aug 08, 2024Heiwa Corporation announced that they will report Q1, 2025 results on Aug 08, 2024
Reported Earnings • May 12Full year 2024 earnings released: EPS: JP¥168 (vs JP¥210 in FY 2023)Full year 2024 results: EPS: JP¥168 (down from JP¥210 in FY 2023). Revenue: JP¥136.4b (down 4.2% from FY 2023). Net income: JP¥16.6b (down 20% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공고 • May 12Heiwa Corporation, Annual General Meeting, Jun 27, 2024Heiwa Corporation, Annual General Meeting, Jun 27, 2024.
분석 기사 • Apr 02Heiwa Corporation's (TSE:6412) Price Is Out Of Tune With EarningsThere wouldn't be many who think Heiwa Corporation's ( TSE:6412 ) price-to-earnings (or "P/E") ratio of 16.5x is worth...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%).
분석 기사 • Mar 02Heiwa (TSE:6412) Has Announced A Dividend Of ¥40.00The board of Heiwa Corporation ( TSE:6412 ) has announced that it will pay a dividend on the 1st of July, with...
공고 • Mar 02Heiwa Corporation to Report Fiscal Year 2024 Results on May 10, 2024Heiwa Corporation announced that they will report fiscal year 2024 results on May 10, 2024
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥42.31 (vs JP¥98.43 in 3Q 2023)Third quarter 2024 results: EPS: JP¥42.31 (down from JP¥98.43 in 3Q 2023). Revenue: JP¥36.1b (down 20% from 3Q 2023). Net income: JP¥4.17b (down 57% from 3Q 2023). Profit margin: 12% (down from 21% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공고 • Dec 03Heiwa Corporation to Report Q3, 2024 Results on Feb 09, 2024Heiwa Corporation announced that they will report Q3, 2024 results on Feb 09, 2024
Price Target Changed • Nov 29Price target increased by 10% to JP¥3,720Up from JP¥3,380, the current price target is provided by 1 analyst. New target price is 75% above last closing price of JP¥2,130. Stock is down 13% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥210 last year.
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥25.28 (vs JP¥55.19 in 2Q 2023)Second quarter 2024 results: EPS: JP¥25.28 (down from JP¥55.19 in 2Q 2023). Revenue: JP¥31.8b (down 12% from 2Q 2023). Net income: JP¥2.49b (down 54% from 2Q 2023). Profit margin: 7.8% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥40.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.5%).
공고 • Aug 31Heiwa Corporation to Report Q2, 2024 Results on Nov 09, 2023Heiwa Corporation announced that they will report Q2, 2024 results on Nov 09, 2023
Major Estimate Revision • Aug 17Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥159.7b to JP¥144.7b. EPS estimate also fell from JP¥211 per share to JP¥184 per share. Net income forecast to shrink 7.6% next year vs 15% growth forecast for Hospitality industry in Japan . Consensus price target down from JP¥3,710 to JP¥3,380. Share price fell 11% to JP¥2,203 over the past week.
Price Target Changed • Aug 15Price target decreased by 11% to JP¥3,380Down from JP¥3,800, the current price target is provided by 1 analyst. New target price is 50% above last closing price of JP¥2,255. Stock is up 9.0% over the past year. The company is forecast to post earnings per share of JP¥184 for next year compared to JP¥210 last year.
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥50.12 (vs JP¥54.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥50.12 (down from JP¥54.29 in 1Q 2023). Revenue: JP¥34.9b (flat on 1Q 2023). Net income: JP¥4.94b (down 7.7% from 1Q 2023). Profit margin: 14% (down from 15% in 1Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공고 • Jun 18Heiwa Corporation to Report Q1, 2024 Results on Aug 09, 2023Heiwa Corporation announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 17Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥210 (up from JP¥22.23 in FY 2022). Revenue: JP¥142.3b (up 17% from FY 2022). Net income: JP¥20.7b (up JP¥18.5b from FY 2022). Profit margin: 14% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공고 • May 14Heiwa Corporation, Annual General Meeting, Jun 29, 2023Heiwa Corporation, Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.5%).
Major Estimate Revision • Feb 18Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from JP¥145.1b to JP¥141.4b. EPS estimate rose from JP¥166 to JP¥186. Net income forecast to grow 21% next year vs 8.4% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥2,580 to JP¥3,800. Share price was steady at JP¥2,342 over the past week.
Price Target Changed • Feb 17Price target increased by 50% to JP¥3,800Up from JP¥2,540, the current price target is provided by 1 analyst. New target price is 62% above last closing price of JP¥2,342. Stock is up 21% over the past year. The company is forecast to post earnings per share of JP¥186 for next year compared to JP¥22.23 last year.
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥98.43 (vs JP¥20.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥98.43 (up from JP¥20.90 in 3Q 2022). Revenue: JP¥45.3b (up 35% from 3Q 2022). Net income: JP¥9.71b (up 371% from 3Q 2022). Profit margin: 21% (up from 6.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공고 • Dec 21Heiwa Corporation to Report Q3, 2023 Results on Feb 08, 2023Heiwa Corporation announced that they will report Q3, 2023 results on Feb 08, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥55.19 (up from JP¥0.91 loss in 2Q 2022). Revenue: JP¥36.2b (up 36% from 2Q 2022). Net income: JP¥5.44b (up JP¥5.53b from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. 1 independent director (10 non-independent directors). Independent External Director Kota Yamaguchi was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 11Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: JP¥55.19 (up from JP¥0.91 loss in 2Q 2022). Revenue: JP¥36.2b (up 36% from 2Q 2022). Net income: JP¥5.44b (up JP¥5.53b from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 70%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.5%).
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥54.29 (vs JP¥26.70 in 1Q 2022)First quarter 2023 results: EPS: JP¥54.29 (up from JP¥26.70 in 1Q 2022). Revenue: JP¥34.7b (up 8.4% from 1Q 2022). Net income: JP¥5.36b (up 103% from 1Q 2022). Profit margin: 15% (up from 8.2% in 1Q 2022). Over the next year, revenue is forecast to grow 17%, compared to a 38% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • May 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥22.23 (up from JP¥8.77 in FY 2021). Revenue: JP¥121.6b (up 13% from FY 2021). Net income: JP¥2.19b (up 154% from FY 2021). Profit margin: 1.8% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 57%. Over the next year, revenue is forecast to grow 12%, compared to a 49% growth forecast for the restaurants industry in Japan. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. 1 independent director (10 non-independent directors). Independent External Director Kota Yamaguchi was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).
Reported Earnings • Feb 10Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥20.90 (down from JP¥37.02 in 3Q 2021). Revenue: JP¥33.6b (down 12% from 3Q 2021). Net income: JP¥2.06b (down 44% from 3Q 2021). Profit margin: 6.1% (down from 9.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 6.5%, compared to a 3.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% 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.
Reported Earnings • Nov 11Second quarter 2022 earnings released: JP¥0.91 loss per share (vs JP¥3.71 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥26.7b (up 24% from 2Q 2021). Net loss: JP¥90.0m (loss narrowed 75% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% 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.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥26.70 (vs JP¥58.93 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥32.1b (up 98% from 1Q 2021). Net income: JP¥2.63b (up JP¥8.45b from 1Q 2021). Profit margin: 8.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jun 03Consensus EPS estimates increase to JP¥144The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥122.6b to JP¥133.3b. EPS estimate increased from JP¥127 to JP¥144 per share. Net income forecast to grow 1,542% next year vs 33% growth forecast for Leisure industry in Japan. Consensus price target up from JP¥2,520 to JP¥2,600. Share price rose 2.5% to JP¥1,858 over the past week.
Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥8.77 (vs JP¥161 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥107.7b (down 26% from FY 2020). Net income: JP¥865.0m (down 95% from FY 2020). Profit margin: 0.8% (down from 11% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
Price Target Changed • Mar 04Price target raised to JP¥2,520Up from JP¥1,990, the current price target is provided by 1 analyst. The new target price is 39% above the current share price of JP¥1,815. As of last close, the stock is down 11% over the past year.
Is New 90 Day High Low • Feb 22New 90-day high: JP¥1,601The company is up 4.0% from its price of JP¥1,542 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 6.0% over the same period.
Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥37.02 (vs JP¥59.70 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥38.3b (down 5.2% from 3Q 2020). Net income: JP¥3.65b (down 38% from 3Q 2020). Profit margin: 9.5% (down from 15% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 13%, compared to a 9.0% growth forecast for the Leisure industry in Japan.
Is New 90 Day High Low • Dec 28New 90-day low: JP¥1,420The company is down 21% from its price of JP¥1,792 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 12% over the same period.