View ValuationRengo 향후 성장Future 기준 점검 2/6Rengo (는) 각각 연간 13.1% 및 2.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 13.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 6.3% 로 예상됩니다.핵심 정보13.1%이익 성장률13.39%EPS 성장률Packaging 이익 성장24.2%매출 성장률2.5%향후 자기자본이익률6.30%애널리스트 커버리지Low마지막 업데이트22 May 2026최근 향후 성장 업데이트Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥119 to JP¥145. Revenue forecast steady at JP¥1.06t. Net income forecast to grow 2.8% next year vs 24% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,540. Share price rose 12% to JP¥1,385 over the past week.Price Target Changed • Feb 10Price target increased by 15% to JP¥1,467Up from JP¥1,277, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,480. Stock is up 81% over the past year. The company is forecast to post earnings per share of JP¥97.14 for next year compared to JP¥117 last year.Price Target Changed • Dec 19Price target increased by 7.7% to JP¥1,277Up from JP¥1,185, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of JP¥1,176. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥97.68 for next year compared to JP¥117 last year.Price Target Changed • Dec 02Price target increased by 7.5% to JP¥1,152Up from JP¥1,072, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,110. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥96.13 for next year compared to JP¥117 last year.Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥99.85 to JP¥112. Revenue forecast steady at JP¥1.01t. Net income forecast to shrink 8.4% next year vs 36% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,005. Share price was steady at JP¥734 over the past week.Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥118 to JP¥105 per share. Revenue forecast steady at JP¥1.02t. Net income forecast to shrink 2.6% next year vs 11% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,040. Share price was steady at JP¥730 over the past week.모든 업데이트 보기Recent updates분석 기사 • 20hRengo's (TSE:3941) Problems Go Beyond Weak ProfitRengo Co., Ltd.'s ( TSE:3941 ) stock showed strength, with investors undeterred by its weak earnings report. While...Buy Or Sell Opportunity • May 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.1% to JP¥1,380. The fair value is estimated to be JP¥1,733, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 2.9%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Reported Earnings • May 17Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥84.70 (down from JP¥117 in FY 2025). Revenue: JP¥1.01t (up 1.5% from FY 2025). Net income: JP¥21.0b (down 28% from FY 2025). Profit margin: 2.1% (down from 2.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.속보 • May 16Rengo Raises Dividend and Announces Share Buyback as Profitability Targets Set for Next YearRengo reported higher sales but sharply lower earnings, citing margin pressure. The company nonetheless raised its annual dividend and outlined targets for improved earnings efficiency in the coming fiscal year. The company also indicated plans for a further dividend hike alongside forecasts that point to a rebound in profits. Rengo additionally announced a decision to buy back treasury shares, which could reduce the number of shares outstanding. Taken together, the dividend increases and share buyback signal that management is willing to return more capital to shareholders even after a period of weaker profitability. The key question for investors is whether the planned improvement in earnings efficiency will materialise as outlined, given the recent margin pressure and the higher shareholder payouts now being put in place.공시 • May 14Rengo Co., Ltd., Annual General Meeting, Jun 26, 2026Rengo Co., Ltd., Annual General Meeting, Jun 26, 2026.Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥119 to JP¥145. Revenue forecast steady at JP¥1.06t. Net income forecast to grow 2.8% next year vs 24% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,540. Share price rose 12% to JP¥1,385 over the past week.공시 • May 14Rengo Co., Ltd. (TSE:3941) announces an Equity Buyback for 25,000,000 shares, representing 10.08% for ¥25,000 million.Rengo Co., Ltd. (TSE:3941) announces a share repurchase program. Under the program, the company will repurchase up to 25,000,000 shares, representing 10.08% of its issued share capital (excluding treasury stock), for a total purchase price of ¥25,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of March 31, 2026, the company has 248,043,353 issued shares (excluding treasury stock) and 23,012,676 treasury shares.공시 • May 09Rengo Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Rengo Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 7.7% to JP¥1,267. The fair value is estimated to be JP¥1,586, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 4.7%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 4.5% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,321, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Packaging industry in Asia. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,575 per share.Price Target Changed • Feb 10Price target increased by 15% to JP¥1,467Up from JP¥1,277, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,480. Stock is up 81% over the past year. The company is forecast to post earnings per share of JP¥97.14 for next year compared to JP¥117 last year.Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥76.98 (vs JP¥30.14 in 3Q 2025)Third quarter 2026 results: EPS: JP¥76.98 (up from JP¥30.14 in 3Q 2025). Revenue: JP¥261.5b (up 6.2% from 3Q 2025). Net income: JP¥19.1b (up 156% from 3Q 2025). Profit margin: 7.3% (up from 3.0% in 3Q 2025). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jan 19Are Investors Undervaluing Rengo Co., Ltd. (TSE:3941) By 34%?Key Insights The projected fair value for Rengo is JP¥1,938 based on 2 Stage Free Cash Flow to Equity Rengo's JP¥1,282...분석 기사 • Dec 25Is Rengo (TSE:3941) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Dec 19Price target increased by 7.7% to JP¥1,277Up from JP¥1,185, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of JP¥1,176. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥97.68 for next year compared to JP¥117 last year.분석 기사 • Dec 04Rengo's (TSE:3941) Dividend Will Be ¥20.00Rengo Co., Ltd. ( TSE:3941 ) will pay a dividend of ¥20.00 on the 30th of June. This takes the dividend yield to 3.6...Declared Dividend • Dec 04First half dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (18% 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 13% 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 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Dec 02Price target increased by 7.5% to JP¥1,152Up from JP¥1,072, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,110. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥96.13 for next year compared to JP¥117 last year.공시 • Nov 29Rengo Co., Ltd. to Report Q3, 2026 Results on Feb 03, 2026Rengo Co., Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥20.29 (vs JP¥19.71 in 2Q 2025)Second quarter 2026 results: EPS: JP¥20.29 (up from JP¥19.71 in 2Q 2025). Revenue: JP¥247.8b (down 1.1% from 2Q 2025). Net income: JP¥5.03b (up 3.0% from 2Q 2025). Profit margin: 2.0% (up from 1.9% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).분석 기사 • Sep 22Rengo (TSE:3941) Is Paying Out A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) will pay a dividend of ¥15.00 on the 3rd of December. This means that the annual payment...공시 • Sep 22Rengo Co., Ltd.(TSE:3941) dropped from FTSE All-World Index (USD)Rengo Co., Ltd.(TSE:3941) dropped from FTSE All-World Index (USD)분석 기사 • Sep 01Rengo (TSE:3941) Will Pay A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend of ¥15.00 per share on the 3rd of December...공시 • Sep 01Rengo Co., Ltd. to Report Q2, 2026 Results on Nov 06, 2025Rengo Co., Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025분석 기사 • Aug 11Rengo (TSE:3941) Is Due To Pay A Dividend Of ¥15.00Rengo Co., Ltd.'s ( TSE:3941 ) investors are due to receive a payment of ¥15.00 per share on 3rd of December. This...Reported Earnings • Aug 06First quarter 2026 earnings released: EPS: JP¥24.22 (vs JP¥56.49 in 1Q 2025)First quarter 2026 results: EPS: JP¥24.22 (down from JP¥56.49 in 1Q 2025). Revenue: JP¥249.4b (up 2.0% from 1Q 2025). Net income: JP¥6.00b (down 57% from 1Q 2025). Profit margin: 2.4% (down from 5.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.분석 기사 • Jul 23Rengo (TSE:3941) Has Affirmed Its Dividend Of ¥15.00The board of Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend on the 3rd of December, with...분석 기사 • Jul 09Rengo (TSE:3941) Is Paying Out A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend of ¥15.00 per share on the 3rd of December...Declared Dividend • Jul 09Final dividend of JP¥15.00 announcedDividend of JP¥15.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (28% 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 9.6% 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 7.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Jul 03We Think That There Are More Issues For Rengo (TSE:3941) Than Just Sluggish EarningsRengo Co., Ltd.'s ( TSE:3941 ) recent weak earnings report didn't cause a big stock movement. We think that investors...분석 기사 • Jun 20Some Investors May Be Worried About Rengo's (TSE:3941) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥99.85 to JP¥112. Revenue forecast steady at JP¥1.01t. Net income forecast to shrink 8.4% next year vs 36% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,005. Share price was steady at JP¥734 over the past week.공시 • May 31Rengo Co., Ltd. to Report Q1, 2026 Results on Aug 05, 2025Rengo Co., Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥118 to JP¥105 per share. Revenue forecast steady at JP¥1.02t. Net income forecast to shrink 2.6% next year vs 11% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,040. Share price was steady at JP¥730 over the past week.New Risk • May 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% 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 (18% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • May 10Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥117 (down from JP¥133 in FY 2024). Revenue: JP¥993.3b (up 10% from FY 2024). Net income: JP¥29.0b (down 12% from FY 2024). Profit margin: 2.9% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging 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 remained flat, which means it is significantly lagging earnings.분석 기사 • May 09Rengo Co., Ltd.'s (TSE:3941) Intrinsic Value Is Potentially 47% Above Its Share PriceKey Insights Rengo's estimated fair value is JP¥1,106 based on 2 Stage Free Cash Flow to Equity Rengo's JP¥752 share...공시 • May 09Rengo Co., Ltd., Annual General Meeting, Jun 27, 2025Rengo Co., Ltd., Annual General Meeting, Jun 27, 2025.공시 • May 01Rengo Co., Ltd. (TSE:3941) completed the acquisition of Shinko, Inc.Rengo Co., Ltd. (TSE:3941) acquired Shinko, Inc. on April 30, 2025. For the period ending February 28, 2025, Shinko, Inc. reported total revenue of ¥1.7 billion. Rengo Co., Ltd. (TSE:3941) completed the acquisition of Shinko, Inc. on April 30, 2025.분석 기사 • Apr 14Why Investors Shouldn't Be Surprised By Rengo Co., Ltd.'s (TSE:3941) Low P/EWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 13x, you may consider Rengo...Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%).공시 • Mar 01Rengo Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Rengo Co., Ltd. announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on May 09, 2025분석 기사 • Feb 07Rengo Co., Ltd. Just Missed Revenue By 13%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Rengo Co., Ltd. ( TSE:3941 ) filed its third-quarter result this time last week...Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥30.14 (vs JP¥58.83 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.14 (down from JP¥58.83 in 3Q 2024). Revenue: JP¥246.4b (up 3.1% from 3Q 2024). Net income: JP¥7.47b (down 49% from 3Q 2024). Profit margin: 3.0% (down from 6.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging 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 fallen by 2% per year, which means it is significantly lagging earnings.분석 기사 • Feb 03Is Rengo Co., Ltd. (TSE:3941) Worth JP¥810 Based On Its Intrinsic Value?Key Insights Rengo's estimated fair value is JP¥666 based on 2 Stage Free Cash Flow to Equity Current share price of...Buy Or Sell Opportunity • Dec 24Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to JP¥859. The fair value is estimated to be JP¥709, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.공시 • Dec 03Rengo Co., Ltd. to Report Q3, 2025 Results on Feb 04, 2025Rengo Co., Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025분석 기사 • Nov 26Investors Shouldn't Be Too Comfortable With Rengo's (TSE:3941) EarningsInvestors were disappointed with Rengo Co., Ltd.'s ( TSE:3941 ) earnings, despite the strong profit numbers. We think...Buy Or Sell Opportunity • Nov 06Now 23% overvaluedOver the last 90 days, the stock has fallen 3.3% to JP¥888. The fair value is estimated to be JP¥722, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period.Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥19.71 (vs JP¥35.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥19.71 (down from JP¥35.49 in 2Q 2024). Revenue: JP¥250.6b (up 9.4% from 2Q 2024). Net income: JP¥4.89b (down 44% from 2Q 2024). Profit margin: 1.9% (down from 3.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging 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 only increased by 2% per year, which means it is significantly lagging earnings growth.분석 기사 • Oct 21Rengo's (TSE:3941) Returns Have Hit A WallIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Upcoming Dividend • Sep 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.1%).분석 기사 • Aug 29Little Excitement Around Rengo Co., Ltd.'s (TSE:3941) EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Rengo...공시 • Aug 27Rengo Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024Rengo Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥56.49 (vs JP¥38.83 in 1Q 2024)First quarter 2025 results: EPS: JP¥56.49 (up from JP¥38.83 in 1Q 2024). Revenue: JP¥244.5b (up 9.3% from 1Q 2024). Net income: JP¥14.0b (up 46% from 1Q 2024). Profit margin: 5.7% (up from 4.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.분석 기사 • Jun 28Returns On Capital At Rengo (TSE:3941) Have Hit The BrakesDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...공시 • Jun 02Rengo Co., Ltd. to Report Q1, 2025 Results on Aug 01, 2024Rengo Co., Ltd. announced that they will report Q1, 2025 results on Aug 01, 2024Reported Earnings • May 12Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥133 (up from JP¥82.47 in FY 2023). Revenue: JP¥900.8b (up 6.5% from FY 2023). Net income: JP¥33.0b (up 62% from FY 2023). Profit margin: 3.7% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.4%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • May 12Rengo Co., Ltd., Annual General Meeting, Jun 27, 2024Rengo Co., Ltd., Annual General Meeting, Jun 27, 2024.분석 기사 • Apr 22Does Rengo (TSE:3941) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Price Target Changed • Apr 12Price target increased by 8.3% to JP¥1,362Up from JP¥1,258, the current price target is an average from 5 analysts. New target price is 16% above last closing price of JP¥1,172. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥144 for next year compared to JP¥82.47 last year.공시 • Apr 04Rengo Co., Ltd. (TSE:3941) acquired 60% stake in Biomaterial in Tokyo Co. Ltd.Rengo Co., Ltd. (TSE:3941) acquired 60% stake in Biomaterial in Tokyo Co. Ltd. on April 3, 2024.Rengo Co., Ltd. (TSE:3941) completed the acquisition of 60% stake in Biomaterial in Tokyo Co. Ltd. on April 3, 2024.분석 기사 • Mar 28Earnings Working Against Rengo Co., Ltd.'s (TSE:3941) Share PriceWith a price-to-earnings (or "P/E") ratio of 7.9x Rengo Co., Ltd. ( TSE:3941 ) may be sending bullish signals at the...Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.7%).Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,154, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Packaging industry in Asia. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,097 per share.공시 • Mar 02Rengo Co., Ltd. to Report Q4, 2024 Results on May 10, 2024Rengo Co., Ltd. announced that they will report Q4, 2024 results on May 10, 2024분석 기사 • Feb 26Slowing Rates Of Return At Rengo (TSE:3941) Leave Little Room For ExcitementThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥58.83 (vs JP¥21.89 in 3Q 2023)Third quarter 2024 results: EPS: JP¥58.83 (up from JP¥21.89 in 3Q 2023). Revenue: JP¥238.9b (up 3.1% from 3Q 2023). Net income: JP¥14.6b (up 169% from 3Q 2023). Profit margin: 6.1% (up from 2.3% in 3Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jan 22Now 20% overvaluedOver the last 90 days, the stock has fallen 3.9% to JP¥945. The fair value is estimated to be JP¥787, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 9.9%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.공시 • Nov 26Rengo Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024Rengo Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024공시 • Nov 17Rengo Co., Ltd. (TSE:3941) acquired 30% stake in Velvin Containers Private Limited.Rengo Co., Ltd. (TSE:3941) acquired 30% stake in Velvin Containers Private Limited on November 16, 2023. Velvin Containers Private Limited will change its name to Velvin Rengo Containers Private Limited.Rengo Co., Ltd. (TSE:3941) completed the acquisition of 30% stake in Velvin Containers Private Limited on November 16, 2023.Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥35.49 (vs JP¥22.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥35.49 (up from JP¥22.36 in 2Q 2023). Revenue: JP¥229.1b (up 7.4% from 2Q 2023). Net income: JP¥8.79b (up 59% from 2Q 2023). Profit margin: 3.8% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buying Opportunity • Nov 02Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,225, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.Buying Opportunity • Oct 04Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥1,228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.Upcoming Dividend • Sep 21Upcoming dividend of JP¥12.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.7%).공시 • Aug 30Rengo Co., Ltd. to Report Q2, 2024 Results on Nov 02, 2023Rengo Co., Ltd. announced that they will report Q2, 2024 results on Nov 02, 2023Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥38.83 (vs JP¥26.26 in 1Q 2023)First quarter 2024 results: EPS: JP¥38.83 (up from JP¥26.26 in 1Q 2023). Revenue: JP¥223.8b (up 12% from 1Q 2023). Net income: JP¥9.62b (up 48% from 1Q 2023). Profit margin: 4.3% (up from 3.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공시 • May 31Rengo Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023Rengo Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023Reported Earnings • May 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥82.47 (down from JP¥114 in FY 2022). Revenue: JP¥846.1b (up 13% from FY 2022). Net income: JP¥20.4b (down 28% from FY 2022). Profit margin: 2.4% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • May 14Rengo Co., Ltd., Annual General Meeting, Jun 29, 2023Rengo Co., Ltd., Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.2%).Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥21.89 (vs JP¥27.41 in 3Q 2022)Third quarter 2023 results: EPS: JP¥21.89 (down from JP¥27.41 in 3Q 2022). Revenue: JP¥231.8b (up 19% from 3Q 2022). Net income: JP¥5.42b (down 20% from 3Q 2022). Profit margin: 2.3% (down from 3.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Major Estimate Revision • Dec 10Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥830.5b to JP¥846.5b. EPS estimate fell from JP¥116 to JP¥101 per share. Net income forecast to grow 44% next year vs 29% growth forecast for Packaging industry in Japan. Consensus price target of JP¥1,048 unchanged from last update. Share price was steady at JP¥871 over the past week.Major Estimate Revision • Dec 02Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥92.90 to JP¥116. Revenue forecast steady at JP¥830.5b. Net income forecast to grow 49% next year vs 29% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,048. Share price fell 2.6% to JP¥865 over the past week.공시 • Nov 27Rengo Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023Rengo Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023Reported Earnings • Nov 18Second quarter 2023 earnings released: EPS: JP¥22.36 (vs JP¥27.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.36 (down from JP¥27.26 in 2Q 2022). Revenue: JP¥213.4b (up 17% from 2Q 2022). Net income: JP¥5.54b (down 18% from 2Q 2022). Profit margin: 2.6% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kaoru Tamaoka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥22.36 (vs JP¥27.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.36 (down from JP¥27.26 in 2Q 2022). Revenue: JP¥213.4b (up 17% from 2Q 2022). Net income: JP¥5.54b (down 18% from 2Q 2022). Profit margin: 2.6% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.Price Target Changed • Oct 26Price target increased to JP¥1,038Up from JP¥968, the current price target is an average from 5 analysts. New target price is 24% above last closing price of JP¥835. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of JP¥112 for next year compared to JP¥114 last year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.1%).공시 • Sep 02Rengo Co., Ltd. to Report Q2, 2023 Results on Nov 02, 2022Rengo Co., Ltd. announced that they will report Q2, 2023 results on Nov 02, 2022Reported Earnings • Aug 03First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: JP¥26.26 (down from JP¥49.79 in 1Q 2022). Revenue: JP¥200.1b (up 11% from 1Q 2022). Net income: JP¥6.50b (down 47% from 1Q 2022). Profit margin: 3.2% (down from 6.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 8.6%, compared to a 8.7% growth forecast for the 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 remained flat, which means it is significantly lagging earnings.공시 • May 29Rengo Co., Ltd. to Report Q1, 2023 Results on Aug 02, 2022Rengo Co., Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022Reported Earnings • May 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥114 (down from JP¥116 in FY 2021). Revenue: JP¥746.9b (up 9.7% from FY 2021). Net income: JP¥28.2b (down 1.4% from FY 2021). Profit margin: 3.8% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 6.1%, compared to a 7.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.이익 및 매출 성장 예측TSE:3941 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20291,094,60034,30017,18397,99223/31/20281,080,64033,20015,27192,17753/31/20271,057,22033,35070680,76553/31/20261,008,33721,005-12,68878,164N/A12/31/20251,010,51932,755N/AN/AN/A9/30/2025995,33721,129-35,50462,847N/A6/30/2025998,13520,983N/AN/AN/A3/31/2025993,25128,979-21,30077,008N/A12/31/2024950,53526,396N/AN/AN/A9/30/2024943,05133,49919,31990,554N/A6/30/2024921,50437,404N/AN/AN/A3/31/2024900,79133,02524,59389,628N/A12/31/2023892,52835,943N/AN/AN/A9/30/2023885,44826,793-1,13053,856N/A6/30/2023869,74323,541N/AN/AN/A3/31/2023846,08020,4251,87146,066N/A12/31/2022833,36619,786N/AN/AN/A9/30/2022796,85721,15110,69047,910N/A6/30/2022766,28722,363N/AN/AN/A3/31/2022746,92628,1889,93857,893N/A12/31/2021730,28331,344N/AN/AN/A9/30/2021714,86234,69421,57375,179N/A6/30/2021696,71433,981N/AN/AN/A3/31/2021680,71428,59924,99266,000N/A12/31/2020679,46025,915N/AN/AN/A9/30/2020675,23025,89622,70359,925N/A6/30/2020680,00926,745N/AN/AN/A3/31/2020683,78027,79023,23661,079N/A12/31/2019671,13527,298N/AN/AN/A9/30/2019670,57120,961N/A48,336N/A6/30/2019662,06318,583N/AN/AN/A3/31/2019653,10717,163N/A50,857N/A12/31/2018646,05722,143N/AN/AN/A9/30/2018630,83423,700N/A43,499N/A6/30/2018619,15719,761N/AN/AN/A3/31/2018605,71216,622N/A31,249N/A12/31/2017589,9728,492N/AN/AN/A9/30/2017570,3319,148N/A35,727N/A6/30/2017556,54412,804N/AN/AN/A3/31/2017545,48913,876N/A42,003N/A12/31/2016537,94517,648N/AN/AN/A9/30/2016537,23915,041N/A59,816N/A6/30/2016536,22812,863N/AN/AN/A3/31/2016532,5349,816N/A50,559N/A12/31/2015530,2228,464N/AN/AN/A9/30/2015527,4937,221N/A24,792N/A6/30/2015523,5646,573N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 3941 의 연간 예상 수익 증가율(13.1%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 3941 의 연간 수익(13.1%)이 JP 시장(8.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 3941 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 3941 의 수익(연간 2.5%)이 JP 시장(연간 5.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 3941 의 수익(연간 2.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 3941의 자본 수익률은 3년 후 6.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 17:51종가2026/05/22 00:00수익2026/03/31연간 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 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Rengo Co., Ltd.는 15명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kyoji ChibaBofA Global ResearchMasahiro ShibanoCitigroup IncJeremie CapronCLSA12명의 분석가 더 보기
Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥119 to JP¥145. Revenue forecast steady at JP¥1.06t. Net income forecast to grow 2.8% next year vs 24% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,540. Share price rose 12% to JP¥1,385 over the past week.
Price Target Changed • Feb 10Price target increased by 15% to JP¥1,467Up from JP¥1,277, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,480. Stock is up 81% over the past year. The company is forecast to post earnings per share of JP¥97.14 for next year compared to JP¥117 last year.
Price Target Changed • Dec 19Price target increased by 7.7% to JP¥1,277Up from JP¥1,185, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of JP¥1,176. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥97.68 for next year compared to JP¥117 last year.
Price Target Changed • Dec 02Price target increased by 7.5% to JP¥1,152Up from JP¥1,072, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,110. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥96.13 for next year compared to JP¥117 last year.
Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥99.85 to JP¥112. Revenue forecast steady at JP¥1.01t. Net income forecast to shrink 8.4% next year vs 36% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,005. Share price was steady at JP¥734 over the past week.
Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥118 to JP¥105 per share. Revenue forecast steady at JP¥1.02t. Net income forecast to shrink 2.6% next year vs 11% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,040. Share price was steady at JP¥730 over the past week.
분석 기사 • 20hRengo's (TSE:3941) Problems Go Beyond Weak ProfitRengo Co., Ltd.'s ( TSE:3941 ) stock showed strength, with investors undeterred by its weak earnings report. While...
Buy Or Sell Opportunity • May 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.1% to JP¥1,380. The fair value is estimated to be JP¥1,733, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 2.9%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Reported Earnings • May 17Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥84.70 (down from JP¥117 in FY 2025). Revenue: JP¥1.01t (up 1.5% from FY 2025). Net income: JP¥21.0b (down 28% from FY 2025). Profit margin: 2.1% (down from 2.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
속보 • May 16Rengo Raises Dividend and Announces Share Buyback as Profitability Targets Set for Next YearRengo reported higher sales but sharply lower earnings, citing margin pressure. The company nonetheless raised its annual dividend and outlined targets for improved earnings efficiency in the coming fiscal year. The company also indicated plans for a further dividend hike alongside forecasts that point to a rebound in profits. Rengo additionally announced a decision to buy back treasury shares, which could reduce the number of shares outstanding. Taken together, the dividend increases and share buyback signal that management is willing to return more capital to shareholders even after a period of weaker profitability. The key question for investors is whether the planned improvement in earnings efficiency will materialise as outlined, given the recent margin pressure and the higher shareholder payouts now being put in place.
공시 • May 14Rengo Co., Ltd., Annual General Meeting, Jun 26, 2026Rengo Co., Ltd., Annual General Meeting, Jun 26, 2026.
Major Estimate Revision • May 14Consensus EPS estimates increase by 22%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate increased from JP¥119 to JP¥145. Revenue forecast steady at JP¥1.06t. Net income forecast to grow 2.8% next year vs 24% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,540. Share price rose 12% to JP¥1,385 over the past week.
공시 • May 14Rengo Co., Ltd. (TSE:3941) announces an Equity Buyback for 25,000,000 shares, representing 10.08% for ¥25,000 million.Rengo Co., Ltd. (TSE:3941) announces a share repurchase program. Under the program, the company will repurchase up to 25,000,000 shares, representing 10.08% of its issued share capital (excluding treasury stock), for a total purchase price of ¥25,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of March 31, 2026, the company has 248,043,353 issued shares (excluding treasury stock) and 23,012,676 treasury shares.
공시 • May 09Rengo Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Rengo Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.1%).
Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 7.7% to JP¥1,267. The fair value is estimated to be JP¥1,586, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 4.7%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 4.5% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,321, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Packaging industry in Asia. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,575 per share.
Price Target Changed • Feb 10Price target increased by 15% to JP¥1,467Up from JP¥1,277, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,480. Stock is up 81% over the past year. The company is forecast to post earnings per share of JP¥97.14 for next year compared to JP¥117 last year.
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥76.98 (vs JP¥30.14 in 3Q 2025)Third quarter 2026 results: EPS: JP¥76.98 (up from JP¥30.14 in 3Q 2025). Revenue: JP¥261.5b (up 6.2% from 3Q 2025). Net income: JP¥19.1b (up 156% from 3Q 2025). Profit margin: 7.3% (up from 3.0% in 3Q 2025). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jan 19Are Investors Undervaluing Rengo Co., Ltd. (TSE:3941) By 34%?Key Insights The projected fair value for Rengo is JP¥1,938 based on 2 Stage Free Cash Flow to Equity Rengo's JP¥1,282...
분석 기사 • Dec 25Is Rengo (TSE:3941) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Dec 19Price target increased by 7.7% to JP¥1,277Up from JP¥1,185, the current price target is an average from 6 analysts. New target price is 8.6% above last closing price of JP¥1,176. Stock is up 38% over the past year. The company is forecast to post earnings per share of JP¥97.68 for next year compared to JP¥117 last year.
분석 기사 • Dec 04Rengo's (TSE:3941) Dividend Will Be ¥20.00Rengo Co., Ltd. ( TSE:3941 ) will pay a dividend of ¥20.00 on the 30th of June. This takes the dividend yield to 3.6...
Declared Dividend • Dec 04First half dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (18% 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 13% 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 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Dec 02Price target increased by 7.5% to JP¥1,152Up from JP¥1,072, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥1,110. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥96.13 for next year compared to JP¥117 last year.
공시 • Nov 29Rengo Co., Ltd. to Report Q3, 2026 Results on Feb 03, 2026Rengo Co., Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥20.29 (vs JP¥19.71 in 2Q 2025)Second quarter 2026 results: EPS: JP¥20.29 (up from JP¥19.71 in 2Q 2025). Revenue: JP¥247.8b (down 1.1% from 2Q 2025). Net income: JP¥5.03b (up 3.0% from 2Q 2025). Profit margin: 2.0% (up from 1.9% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).
분석 기사 • Sep 22Rengo (TSE:3941) Is Paying Out A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) will pay a dividend of ¥15.00 on the 3rd of December. This means that the annual payment...
공시 • Sep 22Rengo Co., Ltd.(TSE:3941) dropped from FTSE All-World Index (USD)Rengo Co., Ltd.(TSE:3941) dropped from FTSE All-World Index (USD)
분석 기사 • Sep 01Rengo (TSE:3941) Will Pay A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend of ¥15.00 per share on the 3rd of December...
공시 • Sep 01Rengo Co., Ltd. to Report Q2, 2026 Results on Nov 06, 2025Rengo Co., Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025
분석 기사 • Aug 11Rengo (TSE:3941) Is Due To Pay A Dividend Of ¥15.00Rengo Co., Ltd.'s ( TSE:3941 ) investors are due to receive a payment of ¥15.00 per share on 3rd of December. This...
Reported Earnings • Aug 06First quarter 2026 earnings released: EPS: JP¥24.22 (vs JP¥56.49 in 1Q 2025)First quarter 2026 results: EPS: JP¥24.22 (down from JP¥56.49 in 1Q 2025). Revenue: JP¥249.4b (up 2.0% from 1Q 2025). Net income: JP¥6.00b (down 57% from 1Q 2025). Profit margin: 2.4% (down from 5.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jul 23Rengo (TSE:3941) Has Affirmed Its Dividend Of ¥15.00The board of Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend on the 3rd of December, with...
분석 기사 • Jul 09Rengo (TSE:3941) Is Paying Out A Dividend Of ¥15.00Rengo Co., Ltd. ( TSE:3941 ) has announced that it will pay a dividend of ¥15.00 per share on the 3rd of December...
Declared Dividend • Jul 09Final dividend of JP¥15.00 announcedDividend of JP¥15.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (28% 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 9.6% 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 7.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Jul 03We Think That There Are More Issues For Rengo (TSE:3941) Than Just Sluggish EarningsRengo Co., Ltd.'s ( TSE:3941 ) recent weak earnings report didn't cause a big stock movement. We think that investors...
분석 기사 • Jun 20Some Investors May Be Worried About Rengo's (TSE:3941) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Major Estimate Revision • Jun 13Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥99.85 to JP¥112. Revenue forecast steady at JP¥1.01t. Net income forecast to shrink 8.4% next year vs 36% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,005. Share price was steady at JP¥734 over the past week.
공시 • May 31Rengo Co., Ltd. to Report Q1, 2026 Results on Aug 05, 2025Rengo Co., Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025
Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥118 to JP¥105 per share. Revenue forecast steady at JP¥1.02t. Net income forecast to shrink 2.6% next year vs 11% growth forecast for Packaging industry in Japan . Consensus price target broadly unchanged at JP¥1,040. Share price was steady at JP¥730 over the past week.
New Risk • May 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% 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 (18% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • May 10Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥117 (down from JP¥133 in FY 2024). Revenue: JP¥993.3b (up 10% from FY 2024). Net income: JP¥29.0b (down 12% from FY 2024). Profit margin: 2.9% (down from 3.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging 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 remained flat, which means it is significantly lagging earnings.
분석 기사 • May 09Rengo Co., Ltd.'s (TSE:3941) Intrinsic Value Is Potentially 47% Above Its Share PriceKey Insights Rengo's estimated fair value is JP¥1,106 based on 2 Stage Free Cash Flow to Equity Rengo's JP¥752 share...
공시 • May 09Rengo Co., Ltd., Annual General Meeting, Jun 27, 2025Rengo Co., Ltd., Annual General Meeting, Jun 27, 2025.
공시 • May 01Rengo Co., Ltd. (TSE:3941) completed the acquisition of Shinko, Inc.Rengo Co., Ltd. (TSE:3941) acquired Shinko, Inc. on April 30, 2025. For the period ending February 28, 2025, Shinko, Inc. reported total revenue of ¥1.7 billion. Rengo Co., Ltd. (TSE:3941) completed the acquisition of Shinko, Inc. on April 30, 2025.
분석 기사 • Apr 14Why Investors Shouldn't Be Surprised By Rengo Co., Ltd.'s (TSE:3941) Low P/EWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 13x, you may consider Rengo...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%).
공시 • Mar 01Rengo Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Rengo Co., Ltd. announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on May 09, 2025
분석 기사 • Feb 07Rengo Co., Ltd. Just Missed Revenue By 13%: Here's What Analysts Think Will Happen NextShareholders might have noticed that Rengo Co., Ltd. ( TSE:3941 ) filed its third-quarter result this time last week...
Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥30.14 (vs JP¥58.83 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.14 (down from JP¥58.83 in 3Q 2024). Revenue: JP¥246.4b (up 3.1% from 3Q 2024). Net income: JP¥7.47b (down 49% from 3Q 2024). Profit margin: 3.0% (down from 6.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging 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 fallen by 2% per year, which means it is significantly lagging earnings.
분석 기사 • Feb 03Is Rengo Co., Ltd. (TSE:3941) Worth JP¥810 Based On Its Intrinsic Value?Key Insights Rengo's estimated fair value is JP¥666 based on 2 Stage Free Cash Flow to Equity Current share price of...
Buy Or Sell Opportunity • Dec 24Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to JP¥859. The fair value is estimated to be JP¥709, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.
공시 • Dec 03Rengo Co., Ltd. to Report Q3, 2025 Results on Feb 04, 2025Rengo Co., Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025
분석 기사 • Nov 26Investors Shouldn't Be Too Comfortable With Rengo's (TSE:3941) EarningsInvestors were disappointed with Rengo Co., Ltd.'s ( TSE:3941 ) earnings, despite the strong profit numbers. We think...
Buy Or Sell Opportunity • Nov 06Now 23% overvaluedOver the last 90 days, the stock has fallen 3.3% to JP¥888. The fair value is estimated to be JP¥722, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period.
Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥19.71 (vs JP¥35.49 in 2Q 2024)Second quarter 2025 results: EPS: JP¥19.71 (down from JP¥35.49 in 2Q 2024). Revenue: JP¥250.6b (up 9.4% from 2Q 2024). Net income: JP¥4.89b (down 44% from 2Q 2024). Profit margin: 1.9% (down from 3.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging 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 only increased by 2% per year, which means it is significantly lagging earnings growth.
분석 기사 • Oct 21Rengo's (TSE:3941) Returns Have Hit A WallIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.1%).
분석 기사 • Aug 29Little Excitement Around Rengo Co., Ltd.'s (TSE:3941) EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Rengo...
공시 • Aug 27Rengo Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024Rengo Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024
Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: JP¥56.49 (vs JP¥38.83 in 1Q 2024)First quarter 2025 results: EPS: JP¥56.49 (up from JP¥38.83 in 1Q 2024). Revenue: JP¥244.5b (up 9.3% from 1Q 2024). Net income: JP¥14.0b (up 46% from 1Q 2024). Profit margin: 5.7% (up from 4.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
분석 기사 • Jun 28Returns On Capital At Rengo (TSE:3941) Have Hit The BrakesDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
공시 • Jun 02Rengo Co., Ltd. to Report Q1, 2025 Results on Aug 01, 2024Rengo Co., Ltd. announced that they will report Q1, 2025 results on Aug 01, 2024
Reported Earnings • May 12Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥133 (up from JP¥82.47 in FY 2023). Revenue: JP¥900.8b (up 6.5% from FY 2023). Net income: JP¥33.0b (up 62% from FY 2023). Profit margin: 3.7% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.4%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • May 12Rengo Co., Ltd., Annual General Meeting, Jun 27, 2024Rengo Co., Ltd., Annual General Meeting, Jun 27, 2024.
분석 기사 • Apr 22Does Rengo (TSE:3941) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Price Target Changed • Apr 12Price target increased by 8.3% to JP¥1,362Up from JP¥1,258, the current price target is an average from 5 analysts. New target price is 16% above last closing price of JP¥1,172. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥144 for next year compared to JP¥82.47 last year.
공시 • Apr 04Rengo Co., Ltd. (TSE:3941) acquired 60% stake in Biomaterial in Tokyo Co. Ltd.Rengo Co., Ltd. (TSE:3941) acquired 60% stake in Biomaterial in Tokyo Co. Ltd. on April 3, 2024.Rengo Co., Ltd. (TSE:3941) completed the acquisition of 60% stake in Biomaterial in Tokyo Co. Ltd. on April 3, 2024.
분석 기사 • Mar 28Earnings Working Against Rengo Co., Ltd.'s (TSE:3941) Share PriceWith a price-to-earnings (or "P/E") ratio of 7.9x Rengo Co., Ltd. ( TSE:3941 ) may be sending bullish signals at the...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.7%).
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,154, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Packaging industry in Asia. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,097 per share.
공시 • Mar 02Rengo Co., Ltd. to Report Q4, 2024 Results on May 10, 2024Rengo Co., Ltd. announced that they will report Q4, 2024 results on May 10, 2024
분석 기사 • Feb 26Slowing Rates Of Return At Rengo (TSE:3941) Leave Little Room For ExcitementThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥58.83 (vs JP¥21.89 in 3Q 2023)Third quarter 2024 results: EPS: JP¥58.83 (up from JP¥21.89 in 3Q 2023). Revenue: JP¥238.9b (up 3.1% from 3Q 2023). Net income: JP¥14.6b (up 169% from 3Q 2023). Profit margin: 6.1% (up from 2.3% in 3Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jan 22Now 20% overvaluedOver the last 90 days, the stock has fallen 3.9% to JP¥945. The fair value is estimated to be JP¥787, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 9.9%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.
공시 • Nov 26Rengo Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024Rengo Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024
공시 • Nov 17Rengo Co., Ltd. (TSE:3941) acquired 30% stake in Velvin Containers Private Limited.Rengo Co., Ltd. (TSE:3941) acquired 30% stake in Velvin Containers Private Limited on November 16, 2023. Velvin Containers Private Limited will change its name to Velvin Rengo Containers Private Limited.Rengo Co., Ltd. (TSE:3941) completed the acquisition of 30% stake in Velvin Containers Private Limited on November 16, 2023.
Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥35.49 (vs JP¥22.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥35.49 (up from JP¥22.36 in 2Q 2023). Revenue: JP¥229.1b (up 7.4% from 2Q 2023). Net income: JP¥8.79b (up 59% from 2Q 2023). Profit margin: 3.8% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buying Opportunity • Nov 02Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,225, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.
Buying Opportunity • Oct 04Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥1,228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥12.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.7%).
공시 • Aug 30Rengo Co., Ltd. to Report Q2, 2024 Results on Nov 02, 2023Rengo Co., Ltd. announced that they will report Q2, 2024 results on Nov 02, 2023
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥38.83 (vs JP¥26.26 in 1Q 2023)First quarter 2024 results: EPS: JP¥38.83 (up from JP¥26.26 in 1Q 2023). Revenue: JP¥223.8b (up 12% from 1Q 2023). Net income: JP¥9.62b (up 48% from 1Q 2023). Profit margin: 4.3% (up from 3.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공시 • May 31Rengo Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023Rengo Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023
Reported Earnings • May 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥82.47 (down from JP¥114 in FY 2022). Revenue: JP¥846.1b (up 13% from FY 2022). Net income: JP¥20.4b (down 28% from FY 2022). Profit margin: 2.4% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • May 14Rengo Co., Ltd., Annual General Meeting, Jun 29, 2023Rengo Co., Ltd., Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.2%).
Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥21.89 (vs JP¥27.41 in 3Q 2022)Third quarter 2023 results: EPS: JP¥21.89 (down from JP¥27.41 in 3Q 2022). Revenue: JP¥231.8b (up 19% from 3Q 2022). Net income: JP¥5.42b (down 20% from 3Q 2022). Profit margin: 2.3% (down from 3.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Major Estimate Revision • Dec 10Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥830.5b to JP¥846.5b. EPS estimate fell from JP¥116 to JP¥101 per share. Net income forecast to grow 44% next year vs 29% growth forecast for Packaging industry in Japan. Consensus price target of JP¥1,048 unchanged from last update. Share price was steady at JP¥871 over the past week.
Major Estimate Revision • Dec 02Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥92.90 to JP¥116. Revenue forecast steady at JP¥830.5b. Net income forecast to grow 49% next year vs 29% growth forecast for Packaging industry in Japan. Consensus price target broadly unchanged at JP¥1,048. Share price fell 2.6% to JP¥865 over the past week.
공시 • Nov 27Rengo Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023Rengo Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023
Reported Earnings • Nov 18Second quarter 2023 earnings released: EPS: JP¥22.36 (vs JP¥27.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.36 (down from JP¥27.26 in 2Q 2022). Revenue: JP¥213.4b (up 17% from 2Q 2022). Net income: JP¥5.54b (down 18% from 2Q 2022). Profit margin: 2.6% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kaoru Tamaoka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥22.36 (vs JP¥27.26 in 2Q 2022)Second quarter 2023 results: EPS: JP¥22.36 (down from JP¥27.26 in 2Q 2022). Revenue: JP¥213.4b (up 17% from 2Q 2022). Net income: JP¥5.54b (down 18% from 2Q 2022). Profit margin: 2.6% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.
Price Target Changed • Oct 26Price target increased to JP¥1,038Up from JP¥968, the current price target is an average from 5 analysts. New target price is 24% above last closing price of JP¥835. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of JP¥112 for next year compared to JP¥114 last year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.1%).
공시 • Sep 02Rengo Co., Ltd. to Report Q2, 2023 Results on Nov 02, 2022Rengo Co., Ltd. announced that they will report Q2, 2023 results on Nov 02, 2022
Reported Earnings • Aug 03First quarter 2023 earnings: EPS exceeds analyst expectationsFirst quarter 2023 results: EPS: JP¥26.26 (down from JP¥49.79 in 1Q 2022). Revenue: JP¥200.1b (up 11% from 1Q 2022). Net income: JP¥6.50b (down 47% from 1Q 2022). Profit margin: 3.2% (down from 6.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 8.6%, compared to a 8.7% growth forecast for the 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 remained flat, which means it is significantly lagging earnings.
공시 • May 29Rengo Co., Ltd. to Report Q1, 2023 Results on Aug 02, 2022Rengo Co., Ltd. announced that they will report Q1, 2023 results on Aug 02, 2022
Reported Earnings • May 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥114 (down from JP¥116 in FY 2021). Revenue: JP¥746.9b (up 9.7% from FY 2021). Net income: JP¥28.2b (down 1.4% from FY 2021). Profit margin: 3.8% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 6.1%, compared to a 7.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.