View Financial HealthRasa Industries 배당 및 자사주 매입배당 기준 점검 3/6Rasa Industries 수익으로 충분히 충당되는 현재 수익률 1.83% 보유한 배당금 지급 회사입니다. 다음 지급일은 26th June, 2026 이며 배당락일은 다음과 같습니다. 30th March, 2026.핵심 정보1.8%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률18.7%다음 배당 지급일26 Jun 26배당락일30 Mar 26주당 배당금n/a배당 성향24%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥106 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).분석 기사 • Feb 14Rasa Industries (TSE:4022) Has Announced That It Will Be Increasing Its Dividend To ¥106.00The board of Rasa Industries, Ltd. ( TSE:4022 ) has announced that it will be paying its dividend of ¥106.00 on the...Declared Dividend • Dec 03First half dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Sep 22Upcoming dividend of JP¥64.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).Declared Dividend • Jul 09Final dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 26% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Mar 21Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥1,838, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 401% over the past three years.Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥558 (vs JP¥79.74 in FY 2025)Full year 2026 results: EPS: JP¥558 (up from JP¥79.74 in FY 2025). Revenue: JP¥47.7b (up 5.1% from FY 2025). Net income: JP¥4.36b (up 39% from FY 2025). Profit margin: 9.1% (up from 6.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 71% per year.공시 • May 14Rasa Industries, Ltd., Annual General Meeting, Jun 25, 2026Rasa Industries, Ltd., Annual General Meeting, Jun 25, 2026.공시 • May 09Rasa Industries, Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Rasa Industries, Ltd. announced that they will report fiscal year 2026 results on May 14, 2026Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥2,126, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 435% over the past three years.New Risk • Apr 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,894, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 379% over the past three years.New Risk • Mar 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥12.6b (US$78.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (JP¥12.6b market cap, or US$78.4m).Upcoming Dividend • Mar 23Upcoming dividend of JP¥106 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).Buy Or Sell Opportunity • Mar 19Now 24% undervaluedOver the last 90 days, the stock has risen 32% to JP¥7,890. The fair value is estimated to be JP¥10,359, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥8,950, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 16x in the Chemicals industry in Japan. Total returns to shareholders of 368% over the past three years.분석 기사 • Feb 14Rasa Industries (TSE:4022) Has Announced That It Will Be Increasing Its Dividend To ¥106.00The board of Rasa Industries, Ltd. ( TSE:4022 ) has announced that it will be paying its dividend of ¥106.00 on the...Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥152 (vs JP¥131 in 3Q 2025)Third quarter 2026 results: EPS: JP¥152 (up from JP¥131 in 3Q 2025). Revenue: JP¥12.5b (up 8.7% from 3Q 2025). Net income: JP¥1.19b (up 15% from 3Q 2025). Profit margin: 9.5% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥9,140, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 395% over the past three years.분석 기사 • Feb 10Investors Appear Satisfied With Rasa Industries, Ltd.'s (TSE:4022) Prospects As Shares Rocket 27%Despite an already strong run, Rasa Industries, Ltd. ( TSE:4022 ) shares have been powering on, with a gain of 27% in...분석 기사 • Jan 15Rasa Industries (TSE:4022) Has A Rock Solid Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Buy Or Sell Opportunity • Jan 13Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to JP¥6,620. The fair value is estimated to be JP¥5,511, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.7%.분석 기사 • Dec 15Further Upside For Rasa Industries, Ltd. (TSE:4022) Shares Could Introduce Price Risks After 28% BounceDespite an already strong run, Rasa Industries, Ltd. ( TSE:4022 ) shares have been powering on, with a gain of 28% in...New Risk • Dec 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.공시 • Dec 03Rasa Industries, Ltd. to Report Q3, 2026 Results on Feb 12, 2026Rasa Industries, Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026Declared Dividend • Dec 03First half dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Nov 28A Look At The Fair Value Of Rasa Industries, Ltd. (TSE:4022)Key Insights Using the 2 Stage Free Cash Flow to Equity, Rasa Industries fair value estimate is JP¥5,513 Rasa...Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥123 (vs JP¥23.99 in 2Q 2025)Second quarter 2026 results: EPS: JP¥123 (up from JP¥23.99 in 2Q 2025). Revenue: JP¥12.2b (up 9.0% from 2Q 2025). Net income: JP¥957.0m (up 406% from 2Q 2025). Profit margin: 7.8% (up from 1.7% in 2Q 2025). The increase in margin was driven by higher revenue. 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 32% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Oct 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,100, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 176% over the past three years.Upcoming Dividend • Sep 22Upcoming dividend of JP¥64.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).공시 • Sep 02Rasa Industries, Ltd. to Report Q2, 2026 Results on Nov 13, 2025Rasa Industries, Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: JP¥139 (vs JP¥99.56 in 1Q 2025)First quarter 2026 results: EPS: JP¥139 (up from JP¥99.56 in 1Q 2025). Revenue: JP¥10.5b (down 1.5% from 1Q 2025). Net income: JP¥1.09b (up 39% from 1Q 2025). Profit margin: 10% (up from 7.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 2.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).Declared Dividend • Jul 09Final dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 26% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Outside Director Takuji Yamamoto was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jun 05Rasa Industries, Ltd. to Report Q1, 2026 Results on Aug 08, 2025Rasa Industries, Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025분석 기사 • Jun 01Market Might Still Lack Some Conviction On Rasa Industries, Ltd. (TSE:4022) Even After 25% Share Price BoostRasa Industries, Ltd. ( TSE:4022 ) shareholders have had their patience rewarded with a 25% share price jump in the...Reported Earnings • May 19Full year 2025 earnings released: EPS: JP¥399 (vs JP¥302 in FY 2024)Full year 2025 results: EPS: JP¥399 (up from JP¥302 in FY 2024). Revenue: JP¥45.4b (up 6.2% from FY 2024). Net income: JP¥3.13b (up 31% from FY 2024). Profit margin: 6.9% (up from 5.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.New Risk • May 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,170, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 93% over the past three years.공시 • May 14Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2025Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2025.분석 기사 • Apr 15Rasa Industries (TSE:4022) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,250, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 72% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).공시 • Mar 07Rasa Industries, Ltd. to Report Fiscal Year 2025 Results on May 14, 2025Rasa Industries, Ltd. announced that they will report fiscal year 2025 results on May 14, 2025Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥131 (vs JP¥57.15 in 3Q 2024)Third quarter 2025 results: EPS: JP¥131 (up from JP¥57.15 in 3Q 2024). Revenue: JP¥11.5b (up 19% from 3Q 2024). Net income: JP¥1.03b (up 129% from 3Q 2024). Profit margin: 8.9% (up from 4.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.공시 • Dec 03Rasa Industries, Ltd. to Report Q3, 2025 Results on Feb 14, 2025Rasa Industries, Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025공시 • Nov 14Rasa Industries, Ltd. (TSE:4022) announces an Equity Buyback for 100,000 shares, representing 1.27% for ¥200 million.Rasa Industries, Ltd. (TSE:4022) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.27% of its issued share capital (excluding treasury stock) for ¥200 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will be valid till February 28, 2025. As of September 30, 2024, the company had 7,881,795 shares outstanding and 62,408 treasury shares.Upcoming Dividend • Sep 20Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).분석 기사 • Sep 07Rasa Industries (TSE:4022) Is Experiencing Growth In Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...공시 • Sep 04Rasa Industries, Ltd. to Report Q2, 2025 Results on Nov 14, 2024Rasa Industries, Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥99.56 (vs JP¥68.87 in 1Q 2024)First quarter 2025 results: EPS: JP¥99.56 (up from JP¥68.87 in 1Q 2024). Revenue: JP¥10.6b (up 2.4% from 1Q 2024). Net income: JP¥784.0m (up 44% from 1Q 2024). Profit margin: 7.4% (up from 5.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 06Now 33% overvaluedOver the last 90 days, the stock has fallen 17% to JP¥2,371. The fair value is estimated to be JP¥1,783, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 5.3%.분석 기사 • Aug 05Investors Don't See Light At End Of Rasa Industries, Ltd.'s (TSE:4022) Tunnel And Push Stock Down 35%Rasa Industries, Ltd. ( TSE:4022 ) shareholders won't be pleased to see that the share price has had a very rough...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥2,100, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 31% over the past three years.공시 • Jun 06Rasa Industries, Ltd. to Report Q1, 2025 Results on Aug 09, 2024Rasa Industries, Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024Reported Earnings • May 21Full year 2024 earnings released: EPS: JP¥301 (vs JP¥408 in FY 2023)Full year 2024 results: EPS: JP¥301 (down from JP¥408 in FY 2023). Revenue: JP¥42.8b (down 14% from FY 2023). Net income: JP¥2.38b (down 26% from FY 2023). Profit margin: 5.6% (down from 6.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 17Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2024Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥41.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).공시 • Mar 02Rasa Industries, Ltd. to Report Fiscal Year 2024 Results on May 15, 2024Rasa Industries, Ltd. announced that they will report fiscal year 2024 results on May 15, 2024Reported Earnings • Feb 19Third quarter 2024 earnings released: EPS: JP¥57.15 (vs JP¥103 in 3Q 2023)Third quarter 2024 results: EPS: JP¥57.15 (down from JP¥103 in 3Q 2023). Revenue: JP¥9.71b (down 24% from 3Q 2023). Net income: JP¥451.0m (down 45% from 3Q 2023). Profit margin: 4.6% (down from 6.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • Nov 26Rasa Industries, Ltd. to Report Q3, 2024 Results on Feb 14, 2024Rasa Industries, Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024Reported Earnings • Nov 20Second quarter 2024 earnings released: EPS: JP¥56.32 (vs JP¥104 in 2Q 2023)Second quarter 2024 results: EPS: JP¥56.32 (down from JP¥104 in 2Q 2023). Revenue: JP¥10.3b (down 22% from 2Q 2023). Net income: JP¥446.0m (down 46% from 2Q 2023). Profit margin: 4.3% (down from 6.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Nov 17Rasa Industries, Ltd. (TSE:4022) announces an Equity Buyback for 60,000 shares, representing 0.76% for ¥100 million.Rasa Industries, Ltd. (TSE:4022) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 0.76% of its share capital, for ¥100 million. The company will repurchase its shares for appropriation to treasury stock to be delivered to the executive officers of the company. The program will run until December 29, 2023. As of September 30, 2023, the company had 7,923,565 shares outstanding (excluding treasury shares) and 20,638 shares in treasury.공시 • Sep 01Rasa Industries, Ltd. to Report Q2, 2024 Results on Nov 14, 2023Rasa Industries, Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥68.87 (vs JP¥128 in 1Q 2023)First quarter 2024 results: EPS: JP¥68.87 (down from JP¥128 in 1Q 2023). Revenue: JP¥10.4b (down 14% from 1Q 2023). Net income: JP¥545.0m (down 46% from 1Q 2023). Profit margin: 5.3% (down from 8.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공시 • May 31Rasa Industries, Ltd. to Report Q1, 2024 Results on Aug 10, 2023Rasa Industries, Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 19Full year 2023 earnings released: EPS: JP¥408 (vs JP¥320 in FY 2022)Full year 2023 results: EPS: JP¥408 (up from JP¥320 in FY 2022). Revenue: JP¥49.6b (up 40% from FY 2022). Net income: JP¥3.23b (up 27% from FY 2022). Profit margin: 6.5% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).Reported Earnings • Feb 17Third quarter 2023 earnings released: EPS: JP¥103 (vs JP¥71.10 in 3Q 2022)Third quarter 2023 results: EPS: JP¥103 (up from JP¥71.10 in 3Q 2022). Revenue: JP¥12.8b (up 47% from 3Q 2022). Net income: JP¥815.0m (up 45% from 3Q 2022). Profit margin: 6.4% (down from 6.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공시 • Dec 02Rasa Industries, Ltd. to Report Q3, 2023 Results on Feb 14, 2023Rasa Industries, Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥104 (vs JP¥69.87 in 2Q 2022)Second quarter 2023 results: EPS: JP¥104 (up from JP¥69.87 in 2Q 2022). Revenue: JP¥13.1b (up 57% from 2Q 2022). Net income: JP¥820.0m (up 48% from 2Q 2022). Profit margin: 6.3% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 10 non-independent directors. Independent Outside Director Miho Fujita was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Sep 01Rasa Industries, Ltd. to Report Q2, 2023 Results on Nov 14, 2022Rasa Industries, Ltd. announced that they will report Q2, 2023 results on Nov 14, 2022Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,378, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 120% over the past three years.Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥128 (vs JP¥65.87 in 1Q 2022)First quarter 2023 results: EPS: JP¥128 (up from JP¥65.87 in 1Q 2022). Revenue: JP¥12.1b (up 55% from 1Q 2022). Net income: JP¥1.01b (up 94% from 1Q 2022). Profit margin: 8.3% (up from 6.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jun 08Rasa Industries, Ltd. to Report Q1, 2023 Results on Aug 10, 2022Rasa Industries, Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • May 18Full year 2022 earnings released: EPS: JP¥320 (vs JP¥253 in FY 2021)Full year 2022 results: EPS: JP¥320 (up from JP¥253 in FY 2021). Revenue: JP¥35.4b (up 22% from FY 2021). Net income: JP¥2.54b (up 27% from FY 2021). Profit margin: 7.2% (up from 6.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.공시 • May 15Rasa Industries, Ltd., Annual General Meeting, Jun 29, 2022Rasa Industries, Ltd., Annual General Meeting, Jun 29, 2022.Valuation Update With 7 Day Price Move • May 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,655, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 30% over the past three years.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). External Full-Time Auditor Yuji Yamashita was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Apr 08Rasa Industries, Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Rasa Industries, Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%).Reported Earnings • Feb 17Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥71.08 (up from JP¥63.22 in 3Q 2021). Revenue: JP¥8.73b (up 29% from 3Q 2021). Net income: JP¥564.0m (up 13% from 3Q 2021). Profit margin: 6.5% (down from 7.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to stay flat compared to a 6.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Second quarter 2022 earnings released: EPS JP¥69.86 (vs JP¥54.89 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.32b (up 23% from 2Q 2021). Net income: JP¥554.0m (up 27% from 2Q 2021). Profit margin: 6.7% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. 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 6% per year, which means it is well ahead of earnings.Reported Earnings • Aug 18First quarter 2022 earnings released: EPS JP¥65.87 (vs JP¥55.52 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.79b (up 3.6% from 1Q 2021). Net income: JP¥522.0m (up 19% from 1Q 2021). Profit margin: 6.7% (up from 5.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year.Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥253 (vs JP¥174 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥29.0b (down 2.6% from FY 2020). Net income: JP¥2.00b (up 46% from FY 2020). Profit margin: 6.9% (up from 4.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.8%).공시 • Mar 04Rasa Industries, Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Rasa Industries, Ltd. announced that they will report fiscal year 2021 results on May 14, 2021Is New 90 Day High Low • Mar 02New 90-day low: JP¥2,096The company is down 3.0% from its price of JP¥2,163 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is flat over the same period.Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥63.20 (vs JP¥32.18 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥6.76b (down 5.2% from 3Q 2020). Net income: JP¥501.0m (up 97% from 3Q 2020). Profit margin: 7.4% (up from 3.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 12New 90-day high: JP¥2,485The company is up 16% from its price of JP¥2,148 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 17% over the same period.공시 • Dec 04Rasa Industries, Ltd. to Report Q3, 2021 Results on Feb 12, 2021Rasa Industries, Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021Is New 90 Day High Low • Dec 03New 90-day high: JP¥2,384The company is up 47% from its price of JP¥1,624 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period.Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 19% share price gain to JP¥2,384, the stock is trading at a trailing P/E ratio of 11.5x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 17%.공시 • Sep 03Rasa Industries, Ltd. to Report Q2, 2021 Results on Nov 13, 2020Rasa Industries, Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, 4022 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: 4022 의 배당금 지급이 증가했지만 회사는 9 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Rasa Industries 배당 수익률 vs 시장4022의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (4022)1.8%시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.7%업계 평균 (Chemicals)2.1%분석가 예측 (4022) (최대 3년)n/a주목할만한 배당금: 4022 의 배당금( 1.83% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.72% )보다 높습니다.고배당: 4022 의 배당금( 1.83% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.74% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 24.4% )이 낮기 때문에 4022 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 74.8% )로 4022 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 20:18종가2026/05/22 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 소스Rasa Industries, Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Atsushi ShinodaCitigroup IncKatsuhiko IshibashiIchiyoshi Research Institute Inc.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥106 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).
분석 기사 • Feb 14Rasa Industries (TSE:4022) Has Announced That It Will Be Increasing Its Dividend To ¥106.00The board of Rasa Industries, Ltd. ( TSE:4022 ) has announced that it will be paying its dividend of ¥106.00 on the...
Declared Dividend • Dec 03First half dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥64.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).
Declared Dividend • Jul 09Final dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 26% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥1,838, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 401% over the past three years.
Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥558 (vs JP¥79.74 in FY 2025)Full year 2026 results: EPS: JP¥558 (up from JP¥79.74 in FY 2025). Revenue: JP¥47.7b (up 5.1% from FY 2025). Net income: JP¥4.36b (up 39% from FY 2025). Profit margin: 9.1% (up from 6.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 71% per year.
공시 • May 14Rasa Industries, Ltd., Annual General Meeting, Jun 25, 2026Rasa Industries, Ltd., Annual General Meeting, Jun 25, 2026.
공시 • May 09Rasa Industries, Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Rasa Industries, Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥2,126, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 435% over the past three years.
New Risk • Apr 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,894, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 379% over the past three years.
New Risk • Mar 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥12.6b (US$78.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (JP¥12.6b market cap, or US$78.4m).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥106 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.3%).
Buy Or Sell Opportunity • Mar 19Now 24% undervaluedOver the last 90 days, the stock has risen 32% to JP¥7,890. The fair value is estimated to be JP¥10,359, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥8,950, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 16x in the Chemicals industry in Japan. Total returns to shareholders of 368% over the past three years.
분석 기사 • Feb 14Rasa Industries (TSE:4022) Has Announced That It Will Be Increasing Its Dividend To ¥106.00The board of Rasa Industries, Ltd. ( TSE:4022 ) has announced that it will be paying its dividend of ¥106.00 on the...
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥152 (vs JP¥131 in 3Q 2025)Third quarter 2026 results: EPS: JP¥152 (up from JP¥131 in 3Q 2025). Revenue: JP¥12.5b (up 8.7% from 3Q 2025). Net income: JP¥1.19b (up 15% from 3Q 2025). Profit margin: 9.5% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥9,140, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 395% over the past three years.
분석 기사 • Feb 10Investors Appear Satisfied With Rasa Industries, Ltd.'s (TSE:4022) Prospects As Shares Rocket 27%Despite an already strong run, Rasa Industries, Ltd. ( TSE:4022 ) shares have been powering on, with a gain of 27% in...
분석 기사 • Jan 15Rasa Industries (TSE:4022) Has A Rock Solid Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Buy Or Sell Opportunity • Jan 13Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to JP¥6,620. The fair value is estimated to be JP¥5,511, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.7%.
분석 기사 • Dec 15Further Upside For Rasa Industries, Ltd. (TSE:4022) Shares Could Introduce Price Risks After 28% BounceDespite an already strong run, Rasa Industries, Ltd. ( TSE:4022 ) shares have been powering on, with a gain of 28% in...
New Risk • Dec 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
공시 • Dec 03Rasa Industries, Ltd. to Report Q3, 2026 Results on Feb 12, 2026Rasa Industries, Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026
Declared Dividend • Dec 03First half dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Nov 28A Look At The Fair Value Of Rasa Industries, Ltd. (TSE:4022)Key Insights Using the 2 Stage Free Cash Flow to Equity, Rasa Industries fair value estimate is JP¥5,513 Rasa...
Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥123 (vs JP¥23.99 in 2Q 2025)Second quarter 2026 results: EPS: JP¥123 (up from JP¥23.99 in 2Q 2025). Revenue: JP¥12.2b (up 9.0% from 2Q 2025). Net income: JP¥957.0m (up 406% from 2Q 2025). Profit margin: 7.8% (up from 1.7% in 2Q 2025). The increase in margin was driven by higher revenue. 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 32% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Oct 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥5,100, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 176% over the past three years.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥64.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).
공시 • Sep 02Rasa Industries, Ltd. to Report Q2, 2026 Results on Nov 13, 2025Rasa Industries, Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025
Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: JP¥139 (vs JP¥99.56 in 1Q 2025)First quarter 2026 results: EPS: JP¥139 (up from JP¥99.56 in 1Q 2025). Revenue: JP¥10.5b (down 1.5% from 1Q 2025). Net income: JP¥1.09b (up 39% from 1Q 2025). Profit margin: 10% (up from 7.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
New Risk • Jul 17New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 0% Dividend yield: 2.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Dividend is not well covered by cash flows (0% cash payout ratio).
Declared Dividend • Jul 09Final dividend of JP¥64.00 announcedShareholders will receive a dividend of JP¥64.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 26% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Outside Director Takuji Yamamoto was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jun 05Rasa Industries, Ltd. to Report Q1, 2026 Results on Aug 08, 2025Rasa Industries, Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025
분석 기사 • Jun 01Market Might Still Lack Some Conviction On Rasa Industries, Ltd. (TSE:4022) Even After 25% Share Price BoostRasa Industries, Ltd. ( TSE:4022 ) shareholders have had their patience rewarded with a 25% share price jump in the...
Reported Earnings • May 19Full year 2025 earnings released: EPS: JP¥399 (vs JP¥302 in FY 2024)Full year 2025 results: EPS: JP¥399 (up from JP¥302 in FY 2024). Revenue: JP¥45.4b (up 6.2% from FY 2024). Net income: JP¥3.13b (up 31% from FY 2024). Profit margin: 6.9% (up from 5.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
New Risk • May 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,170, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 93% over the past three years.
공시 • May 14Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2025Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2025.
분석 기사 • Apr 15Rasa Industries (TSE:4022) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,250, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 72% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
공시 • Mar 07Rasa Industries, Ltd. to Report Fiscal Year 2025 Results on May 14, 2025Rasa Industries, Ltd. announced that they will report fiscal year 2025 results on May 14, 2025
Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥131 (vs JP¥57.15 in 3Q 2024)Third quarter 2025 results: EPS: JP¥131 (up from JP¥57.15 in 3Q 2024). Revenue: JP¥11.5b (up 19% from 3Q 2024). Net income: JP¥1.03b (up 129% from 3Q 2024). Profit margin: 8.9% (up from 4.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
공시 • Dec 03Rasa Industries, Ltd. to Report Q3, 2025 Results on Feb 14, 2025Rasa Industries, Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025
공시 • Nov 14Rasa Industries, Ltd. (TSE:4022) announces an Equity Buyback for 100,000 shares, representing 1.27% for ¥200 million.Rasa Industries, Ltd. (TSE:4022) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.27% of its issued share capital (excluding treasury stock) for ¥200 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will be valid till February 28, 2025. As of September 30, 2024, the company had 7,881,795 shares outstanding and 62,408 treasury shares.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).
분석 기사 • Sep 07Rasa Industries (TSE:4022) Is Experiencing Growth In Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
공시 • Sep 04Rasa Industries, Ltd. to Report Q2, 2025 Results on Nov 14, 2024Rasa Industries, Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024
Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥99.56 (vs JP¥68.87 in 1Q 2024)First quarter 2025 results: EPS: JP¥99.56 (up from JP¥68.87 in 1Q 2024). Revenue: JP¥10.6b (up 2.4% from 1Q 2024). Net income: JP¥784.0m (up 44% from 1Q 2024). Profit margin: 7.4% (up from 5.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 06Now 33% overvaluedOver the last 90 days, the stock has fallen 17% to JP¥2,371. The fair value is estimated to be JP¥1,783, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 5.3%.
분석 기사 • Aug 05Investors Don't See Light At End Of Rasa Industries, Ltd.'s (TSE:4022) Tunnel And Push Stock Down 35%Rasa Industries, Ltd. ( TSE:4022 ) shareholders won't be pleased to see that the share price has had a very rough...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥2,100, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 31% over the past three years.
공시 • Jun 06Rasa Industries, Ltd. to Report Q1, 2025 Results on Aug 09, 2024Rasa Industries, Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024
Reported Earnings • May 21Full year 2024 earnings released: EPS: JP¥301 (vs JP¥408 in FY 2023)Full year 2024 results: EPS: JP¥301 (down from JP¥408 in FY 2023). Revenue: JP¥42.8b (down 14% from FY 2023). Net income: JP¥2.38b (down 26% from FY 2023). Profit margin: 5.6% (down from 6.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 17Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2024Rasa Industries, Ltd., Annual General Meeting, Jun 27, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥41.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).
공시 • Mar 02Rasa Industries, Ltd. to Report Fiscal Year 2024 Results on May 15, 2024Rasa Industries, Ltd. announced that they will report fiscal year 2024 results on May 15, 2024
Reported Earnings • Feb 19Third quarter 2024 earnings released: EPS: JP¥57.15 (vs JP¥103 in 3Q 2023)Third quarter 2024 results: EPS: JP¥57.15 (down from JP¥103 in 3Q 2023). Revenue: JP¥9.71b (down 24% from 3Q 2023). Net income: JP¥451.0m (down 45% from 3Q 2023). Profit margin: 4.6% (down from 6.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • Nov 26Rasa Industries, Ltd. to Report Q3, 2024 Results on Feb 14, 2024Rasa Industries, Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024
Reported Earnings • Nov 20Second quarter 2024 earnings released: EPS: JP¥56.32 (vs JP¥104 in 2Q 2023)Second quarter 2024 results: EPS: JP¥56.32 (down from JP¥104 in 2Q 2023). Revenue: JP¥10.3b (down 22% from 2Q 2023). Net income: JP¥446.0m (down 46% from 2Q 2023). Profit margin: 4.3% (down from 6.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Nov 17Rasa Industries, Ltd. (TSE:4022) announces an Equity Buyback for 60,000 shares, representing 0.76% for ¥100 million.Rasa Industries, Ltd. (TSE:4022) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 0.76% of its share capital, for ¥100 million. The company will repurchase its shares for appropriation to treasury stock to be delivered to the executive officers of the company. The program will run until December 29, 2023. As of September 30, 2023, the company had 7,923,565 shares outstanding (excluding treasury shares) and 20,638 shares in treasury.
공시 • Sep 01Rasa Industries, Ltd. to Report Q2, 2024 Results on Nov 14, 2023Rasa Industries, Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥68.87 (vs JP¥128 in 1Q 2023)First quarter 2024 results: EPS: JP¥68.87 (down from JP¥128 in 1Q 2023). Revenue: JP¥10.4b (down 14% from 1Q 2023). Net income: JP¥545.0m (down 46% from 1Q 2023). Profit margin: 5.3% (down from 8.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공시 • May 31Rasa Industries, Ltd. to Report Q1, 2024 Results on Aug 10, 2023Rasa Industries, Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 19Full year 2023 earnings released: EPS: JP¥408 (vs JP¥320 in FY 2022)Full year 2023 results: EPS: JP¥408 (up from JP¥320 in FY 2022). Revenue: JP¥49.6b (up 40% from FY 2022). Net income: JP¥3.23b (up 27% from FY 2022). Profit margin: 6.5% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
Reported Earnings • Feb 17Third quarter 2023 earnings released: EPS: JP¥103 (vs JP¥71.10 in 3Q 2022)Third quarter 2023 results: EPS: JP¥103 (up from JP¥71.10 in 3Q 2022). Revenue: JP¥12.8b (up 47% from 3Q 2022). Net income: JP¥815.0m (up 45% from 3Q 2022). Profit margin: 6.4% (down from 6.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공시 • Dec 02Rasa Industries, Ltd. to Report Q3, 2023 Results on Feb 14, 2023Rasa Industries, Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥104 (vs JP¥69.87 in 2Q 2022)Second quarter 2023 results: EPS: JP¥104 (up from JP¥69.87 in 2Q 2022). Revenue: JP¥13.1b (up 57% from 2Q 2022). Net income: JP¥820.0m (up 48% from 2Q 2022). Profit margin: 6.3% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 10 non-independent directors. Independent Outside Director Miho Fujita was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Sep 01Rasa Industries, Ltd. to Report Q2, 2023 Results on Nov 14, 2022Rasa Industries, Ltd. announced that they will report Q2, 2023 results on Nov 14, 2022
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,378, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 120% over the past three years.
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥128 (vs JP¥65.87 in 1Q 2022)First quarter 2023 results: EPS: JP¥128 (up from JP¥65.87 in 1Q 2022). Revenue: JP¥12.1b (up 55% from 1Q 2022). Net income: JP¥1.01b (up 94% from 1Q 2022). Profit margin: 8.3% (up from 6.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jun 08Rasa Industries, Ltd. to Report Q1, 2023 Results on Aug 10, 2022Rasa Industries, Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • May 18Full year 2022 earnings released: EPS: JP¥320 (vs JP¥253 in FY 2021)Full year 2022 results: EPS: JP¥320 (up from JP¥253 in FY 2021). Revenue: JP¥35.4b (up 22% from FY 2021). Net income: JP¥2.54b (up 27% from FY 2021). Profit margin: 7.2% (up from 6.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year.
공시 • May 15Rasa Industries, Ltd., Annual General Meeting, Jun 29, 2022Rasa Industries, Ltd., Annual General Meeting, Jun 29, 2022.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,655, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 30% over the past three years.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). External Full-Time Auditor Yuji Yamashita was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Apr 08Rasa Industries, Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Rasa Industries, Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%).
Reported Earnings • Feb 17Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥71.08 (up from JP¥63.22 in 3Q 2021). Revenue: JP¥8.73b (up 29% from 3Q 2021). Net income: JP¥564.0m (up 13% from 3Q 2021). Profit margin: 6.5% (down from 7.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to stay flat compared to a 6.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Second quarter 2022 earnings released: EPS JP¥69.86 (vs JP¥54.89 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.32b (up 23% from 2Q 2021). Net income: JP¥554.0m (up 27% from 2Q 2021). Profit margin: 6.7% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. 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 6% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 18First quarter 2022 earnings released: EPS JP¥65.87 (vs JP¥55.52 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.79b (up 3.6% from 1Q 2021). Net income: JP¥522.0m (up 19% from 1Q 2021). Profit margin: 6.7% (up from 5.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year.
Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥253 (vs JP¥174 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥29.0b (down 2.6% from FY 2020). Net income: JP¥2.00b (up 46% from FY 2020). Profit margin: 6.9% (up from 4.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.8%).
공시 • Mar 04Rasa Industries, Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Rasa Industries, Ltd. announced that they will report fiscal year 2021 results on May 14, 2021
Is New 90 Day High Low • Mar 02New 90-day low: JP¥2,096The company is down 3.0% from its price of JP¥2,163 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is flat over the same period.
Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥63.20 (vs JP¥32.18 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥6.76b (down 5.2% from 3Q 2020). Net income: JP¥501.0m (up 97% from 3Q 2020). Profit margin: 7.4% (up from 3.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 12New 90-day high: JP¥2,485The company is up 16% from its price of JP¥2,148 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 17% over the same period.
공시 • Dec 04Rasa Industries, Ltd. to Report Q3, 2021 Results on Feb 12, 2021Rasa Industries, Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021
Is New 90 Day High Low • Dec 03New 90-day high: JP¥2,384The company is up 47% from its price of JP¥1,624 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 17% over the same period.
Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 19% share price gain to JP¥2,384, the stock is trading at a trailing P/E ratio of 11.5x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total returns to shareholders over the past three years are 17%.
공시 • Sep 03Rasa Industries, Ltd. to Report Q2, 2021 Results on Nov 13, 2020Rasa Industries, Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020