Price Target Changed • May 20
Price target increased by 8.0% to JP¥9,400 Up from JP¥8,700, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥9,320. Stock is up 36% over the past year. The company is forecast to post earnings per share of JP¥1,663 for next year compared to JP¥1,585 last year. Price Target Changed • May 01
Price target increased by 8.0% to JP¥9,400 Up from JP¥8,700, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥9,700. Stock is up 41% over the past year. The company is forecast to post earnings per share of JP¥1,663 for next year compared to JP¥1,585 last year. Declared Dividend • Feb 25
Dividend of JP¥80.00 announced Shareholders will receive a dividend of JP¥80.00. Ex-date: 26th February 2026 Payment date: 29th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has increased by an average of 7.2% 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. EPS is expected to grow by 19% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Feb 05
Price target increased by 28% to JP¥8,700 Up from JP¥6,800, the current price target is provided by 1 analyst. New target price is 10% below last closing price of JP¥9,700. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥1,642 for next year compared to JP¥1,407 last year. Reported Earnings • Dec 26
Third quarter 2026 earnings released: EPS: JP¥390 (vs JP¥362 in 3Q 2025) Third quarter 2026 results: EPS: JP¥390 (up from JP¥362 in 3Q 2025). Revenue: JP¥292.7b (up 1.6% from 3Q 2025). Net income: JP¥7.51b (up 7.8% from 3Q 2025). Profit margin: 2.6% (up from 2.4% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 25
First half dividend of JP¥80.00 announced Shareholders will receive a dividend of JP¥80.00. Ex-date: 26th February 2026 Payment date: 29th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has increased by an average of 7.2% 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. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Jun 18
Final dividend of JP¥75.00 announced Shareholders will receive a dividend of JP¥75.00. Ex-date: 28th August 2025 Payment date: 31st October 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% 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. EPS is expected to grow by 9.0% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 04
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥1,407 (up from JP¥1,230 in FY 2024). Revenue: JP¥1.12t (flat on FY 2024). Net income: JP¥27.1b (up 14% from FY 2024). Profit margin: 2.4% (up from 2.1% in FY 2024). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • May 28
Price target decreased by 11% to JP¥6,800 Down from JP¥7,600, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥6,940. Stock is down 19% over the past year. The company is forecast to post earnings per share of JP¥1,440 for next year compared to JP¥1,407 last year. Major Estimate Revision • May 01
Consensus revenue estimates decrease by 12%, EPS upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥1.29t to JP¥1.13t. EPS estimate increased from JP¥1,299 to JP¥1,440 per share. Net income forecast to grow 2.3% next year vs 2.8% growth forecast for Metals and Mining industry in Japan. Consensus price target down from JP¥7,600 to JP¥6,800. Share price rose 2.4% to JP¥6,900 over the past week. Major Estimate Revision • Apr 25
Consensus revenue estimates decrease by 12%, EPS upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥1.29t to JP¥1.13t. EPS estimate increased from JP¥1,299 to JP¥1,440 per share. Net income forecast to grow 2.3% next year vs 3.2% growth forecast for Metals and Mining industry in Japan. Consensus price target down from JP¥7,600 to JP¥6,800. Share price rose 2.1% to JP¥6,740 over the past week. Reported Earnings • Apr 02
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥1,407 (up from JP¥1,230 in FY 2024). Revenue: JP¥1.12t (flat on FY 2024). Net income: JP¥27.1b (up 14% from FY 2024). Profit margin: 2.4% (up from 2.1% in FY 2024). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 1.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Mar 06
Price target decreased by 13% to JP¥7,600 Down from JP¥8,750, the current price target is provided by 1 analyst. New target price is 9.0% above last closing price of JP¥6,970. Stock is up 3.2% over the past year. The company is forecast to post earnings per share of JP¥1,195 for next year compared to JP¥1,230 last year. Reported Earnings • Dec 28
Third quarter 2025 earnings released: EPS: JP¥362 (vs JP¥345 in 3Q 2024) Third quarter 2025 results: EPS: JP¥362 (up from JP¥345 in 3Q 2024). Revenue: JP¥288.2b (up 4.7% from 3Q 2024). Net income: JP¥6.97b (up 4.9% from 3Q 2024). Profit margin: 2.4% (in line with 3Q 2024). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Price Target Changed • Nov 19
Price target decreased by 13% to JP¥7,600 Down from JP¥8,750, the current price target is provided by 1 analyst. New target price is 8.9% above last closing price of JP¥6,980. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥1,195 for next year compared to JP¥1,230 last year. Declared Dividend • Nov 19
First half dividend of JP¥67.50 announced Shareholders will receive a dividend of JP¥67.50. Ex-date: 27th February 2025 Payment date: 23rd May 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 6.1% 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. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Nov 01
First half dividend of JP¥67.50 announced Shareholders will receive a dividend of JP¥67.50. Ex-date: 27th February 2025 Payment date: 23rd May 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 6.1% 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. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Oct 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to JP¥7,030. The fair value is estimated to be JP¥8,799, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 12% in the next 2 years. Reported Earnings • Oct 02
Second quarter 2025 earnings released: EPS: JP¥2,824,500,000 (vs JP¥317 in 2Q 2024) Second quarter 2025 results: EPS: JP¥2,824,500,000. Revenue: JP¥255.9b (down 7.6% from 2Q 2024). Net income: JP¥5.65b (down 7.3% from 2Q 2024). Profit margin: 2.2% (in line with 2Q 2024). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Japan. Declared Dividend • Oct 02
First half dividend of JP¥67.50 announced Shareholders will receive a dividend of JP¥67.50. Ex-date: 27th February 2025 Payment date: 23rd May 2025 Dividend yield will be 2.7%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 6.1% 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. EPS is expected to decline by 10% over the next 3 years. However, it would need to fall by 91% to increase the payout ratio to a potentially unsustainable range. Buy Or Sell Opportunity • Sep 12
Now 24% overvalued Over the last 90 days, the stock has fallen 8.7% to JP¥7,670. The fair value is estimated to be JP¥6,177, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 8.6% in the next 2 years. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥135 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 31 October 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.2%). Buy Or Sell Opportunity • Aug 06
Now 23% overvalued Over the last 90 days, the stock has fallen 18% to JP¥14,600. The fair value is estimated to be JP¥11,903, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 8.6% in the next 2 years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥14,000, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Metals and Mining industry in Japan. Total returns to shareholders of 58% over the past three years. Reported Earnings • Jun 28
First quarter 2025 earnings released: EPS: JP¥701 (vs JP¥591 in 1Q 2024) First quarter 2025 results: EPS: JP¥701 (up from JP¥591 in 1Q 2024). Revenue: JP¥283.9b (up 6.1% from 1Q 2024). Net income: JP¥6.75b (up 19% from 1Q 2024). Profit margin: 2.4% (up from 2.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jun 06
Final dividend of JP¥135 announced Shareholders will receive a dividend of JP¥135. Ex-date: 29th August 2024 Payment date: 31st October 2024 Dividend yield will be 1.5%, which is lower than the industry average of 3.4%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 6%. Price Target Changed • May 15
Price target increased by 34% to JP¥17,500 Up from JP¥13,100, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥18,300. Stock is up 79% over the past year. The company is forecast to post earnings per share of JP¥2,599 for next year compared to JP¥2,459 last year. 공시 • Feb 02
Okaya & Co., Ltd. (NSE:7485) acquired additional 24.1% stake in Koyo Materica Corporation. Okaya & Co., Ltd. (NSE:7485) acquired additional 24.1% stake in Koyo Materica Corporation on January 31, 2023.
Okaya & Co., Ltd. (NSE:7485) completed the acquisition of additional 24.1% stake in Koyo Materica Corporation on January 31, 2023. 공시 • Oct 14
Okaya & Co., Ltd. (NSE:7485) agreed to acquire Business of Office Fa.Com Co.,Ltd. from Office Fa.Com Co.,Ltd. Okaya & Co., Ltd. (NSE:7485) agreed to acquire Business of Office Fa.Com Co.,Ltd. from Office Fa.Com Co.,Ltd. on October 12, 2022. 공시 • Dec 01
Okaya & Co., Ltd. (NSE:7485) acquired 41.1% stake in Ryoei Koki Co., Ltd. Okaya & Co., Ltd. (NSE:7485) acquired 41.1% stake in Ryoei Koki Co., Ltd. on November 29, 2021. The number of shares to be acquired were 56,104 shares.
Okaya & Co., Ltd. (NSE:7485) completed the acquisition of Ryoei Koki Co., Ltd. on November 29, 2021.