View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsSeiko PMC 과거 순이익 실적과거 기준 점검 1/6Seiko PMC의 수입은 연평균 -0.3%의 비율로 감소해 온 반면, Chemicals 산업은 수입이 연평균 5.4% 증가했습니다. 매출은 연평균 5.1%의 비율로 증가해 왔습니다. Seiko PMC의 자기자본이익률은 4.1%이고 순이익률은 4.2%입니다.핵심 정보-0.35%순이익 성장률-0.35%주당순이익(EPS) 성장률Chemicals 산업 성장률6.58%매출 성장률5.11%자기자본이익률4.13%순이익률4.20%최근 순이익 업데이트30 Sep 2023최근 과거 실적 업데이트Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥17.32 (vs JP¥14.97 in 3Q 2022)Third quarter 2023 results: EPS: JP¥17.32 (up from JP¥14.97 in 3Q 2022). Revenue: JP¥8.60b (up 4.6% from 3Q 2022). Net income: JP¥525.0m (up 16% from 3Q 2022). Profit margin: 6.1% (up from 5.5% in 3Q 2022). The increase in margin was driven by higher revenue. 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 18% per year, which means it is well ahead of earnings.공시 • Oct 12Seiko PMC Corporation to Report Q3, 2023 Results on Nov 13, 2023Seiko PMC Corporation announced that they will report Q3, 2023 results on Nov 13, 2023Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: JP¥20.98 (vs JP¥22.59 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.98 (down from JP¥22.59 in 2Q 2022). Revenue: JP¥7.87b (down 6.4% from 2Q 2022). Net income: JP¥636.0m (down 7.2% from 2Q 2022). Profit margin: 8.1% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.공시 • May 28Seiko PMC Corporation to Report Q2, 2023 Results on Aug 08, 2023Seiko PMC Corporation announced that they will report Q2, 2023 results on Aug 08, 2023Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥10.06 (vs JP¥20.48 in 1Q 2022)First quarter 2023 results: EPS: JP¥10.06 (down from JP¥20.48 in 1Q 2022). Revenue: JP¥7.46b (down 1.0% from 1Q 2022). Net income: JP¥305.0m (down 51% from 1Q 2022). Profit margin: 4.1% (down from 8.2% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.Reported Earnings • Apr 01Full year 2022 earnings released: EPS: JP¥54.32 (vs JP¥68.67 in FY 2021)Full year 2022 results: EPS: JP¥54.32 (down from JP¥68.67 in FY 2021). Revenue: JP¥32.4b (up 4.5% from FY 2021). Net income: JP¥1.65b (down 21% from FY 2021). Profit margin: 5.1% (down from 6.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updates공시 • Dec 02Seiko PMC Corporation to Delist from Prime Section of Tokyo Stock ExchangeSeiko PMC Corporation will be delisted from prime section of Tokyo Stock Exchange effective from December 28, 2023. Delisting is due to Reverse stock split.New Risk • Nov 15New major risk - Revenue and earnings growthEarnings have declined by 0.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 0.3% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (4.2% net profit margin).Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥17.32 (vs JP¥14.97 in 3Q 2022)Third quarter 2023 results: EPS: JP¥17.32 (up from JP¥14.97 in 3Q 2022). Revenue: JP¥8.60b (up 4.6% from 3Q 2022). Net income: JP¥525.0m (up 16% from 3Q 2022). Profit margin: 6.1% (up from 5.5% in 3Q 2022). The increase in margin was driven by higher revenue. 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 18% per year, which means it is well ahead of earnings.공시 • Oct 12Seiko PMC Corporation to Report Q3, 2023 Results on Nov 13, 2023Seiko PMC Corporation announced that they will report Q3, 2023 results on Nov 13, 2023Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 88%After last week's 88% share price gain to JP¥1,066, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 70% over the past three years.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: JP¥20.98 (vs JP¥22.59 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.98 (down from JP¥22.59 in 2Q 2022). Revenue: JP¥7.87b (down 6.4% from 2Q 2022). Net income: JP¥636.0m (down 7.2% from 2Q 2022). Profit margin: 8.1% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.5%).공시 • May 28Seiko PMC Corporation to Report Q2, 2023 Results on Aug 08, 2023Seiko PMC Corporation announced that they will report Q2, 2023 results on Aug 08, 2023Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥10.06 (vs JP¥20.48 in 1Q 2022)First quarter 2023 results: EPS: JP¥10.06 (down from JP¥20.48 in 1Q 2022). Revenue: JP¥7.46b (down 1.0% from 1Q 2022). Net income: JP¥305.0m (down 51% from 1Q 2022). Profit margin: 4.1% (down from 8.2% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.Reported Earnings • Apr 01Full year 2022 earnings released: EPS: JP¥54.32 (vs JP¥68.67 in FY 2021)Full year 2022 results: EPS: JP¥54.32 (down from JP¥68.67 in FY 2021). Revenue: JP¥32.4b (up 4.5% from FY 2021). Net income: JP¥1.65b (down 21% from FY 2021). Profit margin: 5.1% (down from 6.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • Feb 15Seiko PMC Corporation, Annual General Meeting, Mar 28, 2023Seiko PMC Corporation, Annual General Meeting, Mar 28, 2023.Reported Earnings • Feb 15Full year 2022 earnings released: EPS: JP¥54.32 (vs JP¥68.67 in FY 2021)Full year 2022 results: EPS: JP¥54.32 (down from JP¥68.67 in FY 2021). Revenue: JP¥32.4b (up 4.5% from FY 2021). Net income: JP¥1.65b (down 21% from FY 2021). Profit margin: 5.1% (down from 6.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.0%).공시 • Dec 06Seiko PMC Corporation to Report Fiscal Year 2022 Results on Feb 13, 2023Seiko PMC Corporation announced that they will report fiscal year 2022 results on Feb 13, 2023Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥14.97 (vs JP¥19.06 in 3Q 2021)Third quarter 2022 results: EPS: JP¥14.97 (down from JP¥19.06 in 3Q 2021). Revenue: JP¥8.22b (up 2.4% from 3Q 2021). Net income: JP¥454.0m (down 22% from 3Q 2021). Profit margin: 5.5% (down from 7.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 1 independent director (8 non-independent directors). Director Naoyoshi Furuta was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: JP¥14.97 (vs JP¥19.06 in 3Q 2021)Third quarter 2022 results: EPS: JP¥14.97 (down from JP¥19.06 in 3Q 2021). Revenue: JP¥8.22b (up 2.4% from 3Q 2021). Net income: JP¥454.0m (down 22% from 3Q 2021). Profit margin: 5.5% (down from 7.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: JP¥22.59 (vs JP¥11.97 in 2Q 2021)Second quarter 2022 results: EPS: JP¥22.59 (up from JP¥11.97 in 2Q 2021). Revenue: JP¥8.41b (up 13% from 2Q 2021). Net income: JP¥685.0m (up 89% from 2Q 2021). Profit margin: 8.1% (up from 4.9% in 2Q 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 but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.0%).Reported Earnings • May 18First quarter 2022 earnings released: EPS: JP¥20.48 (vs JP¥23.09 in 1Q 2021)First quarter 2022 results: EPS: JP¥20.48 (down from JP¥23.09 in 1Q 2021). Revenue: JP¥7.53b (flat on 1Q 2021). Net income: JP¥621.0m (down 11% from 1Q 2021). Profit margin: 8.2% (down from 9.3% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 1 independent director (9 non-independent directors). Director Naoyoshi Furuta was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 02Full year 2021 earnings released: EPS: JP¥68.67 (vs JP¥55.57 in FY 2020)Full year 2021 results: EPS: JP¥68.67 (up from JP¥55.57 in FY 2020). Revenue: JP¥31.0b (up 19% from FY 2020). Net income: JP¥2.08b (up 24% from FY 2020). Profit margin: 6.7% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥68.67 (up from JP¥55.57 in FY 2020). Revenue: JP¥31.0b (up 19% from FY 2020). Net income: JP¥2.08b (up 24% from FY 2020). Profit margin: 6.7% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 9% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥68.67 (up from JP¥55.57 in FY 2020). Revenue: JP¥31.0b (up 19% from FY 2020). Net income: JP¥2.08b (up 24% from FY 2020). Profit margin: 6.7% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 9% per year, which means it is significantly lagging earnings.Buying Opportunity • Jan 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be JP¥853, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% per annum over the last 3 years. Earnings per share has grown by 8.3% per annum over the last 3 years.Upcoming Dividend • Dec 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 21% 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%). In line with average of industry peers (2.2%).Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS JP¥19.06 (vs JP¥14.74 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥8.03b (up 27% from 3Q 2020). Net income: JP¥578.0m (up 29% from 3Q 2020). Profit margin: 7.2% (up from 7.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS JP¥11.97 (vs JP¥7.55 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥7.47b (up 26% from 2Q 2020). Net income: JP¥363.0m (up 59% from 2Q 2020). Profit margin: 4.9% (up from 3.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 08 September 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.1%). In line with average of industry peers (2.1%).Reported Earnings • May 16First quarter 2021 earnings released: EPS JP¥23.09 (vs JP¥12.86 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥7.51b (up 14% from 1Q 2020). Net income: JP¥700.0m (up 80% from 1Q 2020). Profit margin: 9.3% (up from 5.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥55.57 (vs JP¥64.68 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥26.0b (down 6.9% from FY 2019). Net income: JP¥1.69b (down 14% from FY 2019). Profit margin: 6.5% (down from 7.0% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Jan 08New 90-day high: JP¥802The company is up 20% from its price of JP¥670 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period.Is New 90 Day High Low • Dec 04New 90-day high: JP¥784The company is up 24% from its price of JP¥631 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 18% over the same period.매출 및 비용 세부 내역Seiko PMC가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:4963 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비30 Sep 2332,1881,3534,4291,10630 Jun 2331,8081,2824,5721,10631 Mar 2332,3451,3314,5731,10631 Dec 2232,4181,6474,6101,10630 Sep 2232,1782,2014,6011,18130 Jun 2231,9862,3254,4761,18131 Mar 2231,0512,0034,4371,18131 Dec 2131,0322,0824,4501,18130 Sep 2130,1932,2604,3711,12030 Jun 2128,4862,1294,1451,12031 Mar 2126,9441,9953,9211,12031 Dec 2026,0461,6853,7731,12030 Sep 2026,0991,6383,8191,04030 Jun 2026,9821,6883,9021,04031 Mar 2027,8611,8593,9531,04031 Dec 1927,9701,9613,8871,04030 Sep 1927,5361,7983,81597030 Jun 1926,8571,6783,73597031 Mar 1926,4461,5863,68997031 Dec 1825,8891,5613,58897030 Sep 1825,9551,7653,5251,01930 Jun 1825,8631,8713,5171,01931 Mar 1825,3931,9213,4781,01931 Dec 1725,0861,9993,4801,01930 Sep 1724,3921,8153,5231,04030 Jun 1724,1211,8773,4531,04031 Mar 1724,2551,8743,4331,04031 Dec 1624,3461,7943,4141,04030 Sep 1624,3961,6263,45795830 Jun 1624,4811,3603,49695831 Mar 1624,4931,2773,49195831 Dec 1524,5691,0723,48195830 Sep 1524,7539393,44595630 Jun 1524,5667793,43495631 Mar 1524,6591953,45895631 Dec 1423,970-183,35095631 Dec 1321,7927822,6841,25830 Sep 1321,0028513,06671130 Jun 1320,8488013,04071131 Mar 1321,1227273,030711양질의 수익: 4963는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 4963의 현재 순 이익률 (4.2%)은 지난해 (6.8%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 4963의 수익은 지난 5년 동안 연평균 0.3% 감소했습니다.성장 가속화: 4963은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 4963은 지난 1년 동안 수익이 감소(-38.5%)하여 Chemicals 업계 평균(10.7%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 4963의 자본 수익률(4.1%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/01/04 13:32종가2023/12/27 00:00수익2023/09/30연간 수익2022/12/31데이터 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 소스Seiko PMC Corporation는 1명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Eiji TomaruMizuho Securities Co., Ltd.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥17.32 (vs JP¥14.97 in 3Q 2022)Third quarter 2023 results: EPS: JP¥17.32 (up from JP¥14.97 in 3Q 2022). Revenue: JP¥8.60b (up 4.6% from 3Q 2022). Net income: JP¥525.0m (up 16% from 3Q 2022). Profit margin: 6.1% (up from 5.5% in 3Q 2022). The increase in margin was driven by higher revenue. 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 18% per year, which means it is well ahead of earnings.
공시 • Oct 12Seiko PMC Corporation to Report Q3, 2023 Results on Nov 13, 2023Seiko PMC Corporation announced that they will report Q3, 2023 results on Nov 13, 2023
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: JP¥20.98 (vs JP¥22.59 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.98 (down from JP¥22.59 in 2Q 2022). Revenue: JP¥7.87b (down 6.4% from 2Q 2022). Net income: JP¥636.0m (down 7.2% from 2Q 2022). Profit margin: 8.1% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.
공시 • May 28Seiko PMC Corporation to Report Q2, 2023 Results on Aug 08, 2023Seiko PMC Corporation announced that they will report Q2, 2023 results on Aug 08, 2023
Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥10.06 (vs JP¥20.48 in 1Q 2022)First quarter 2023 results: EPS: JP¥10.06 (down from JP¥20.48 in 1Q 2022). Revenue: JP¥7.46b (down 1.0% from 1Q 2022). Net income: JP¥305.0m (down 51% from 1Q 2022). Profit margin: 4.1% (down from 8.2% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: JP¥54.32 (vs JP¥68.67 in FY 2021)Full year 2022 results: EPS: JP¥54.32 (down from JP¥68.67 in FY 2021). Revenue: JP¥32.4b (up 4.5% from FY 2021). Net income: JP¥1.65b (down 21% from FY 2021). Profit margin: 5.1% (down from 6.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Dec 02Seiko PMC Corporation to Delist from Prime Section of Tokyo Stock ExchangeSeiko PMC Corporation will be delisted from prime section of Tokyo Stock Exchange effective from December 28, 2023. Delisting is due to Reverse stock split.
New Risk • Nov 15New major risk - Revenue and earnings growthEarnings have declined by 0.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 0.3% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (4.2% net profit margin).
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: JP¥17.32 (vs JP¥14.97 in 3Q 2022)Third quarter 2023 results: EPS: JP¥17.32 (up from JP¥14.97 in 3Q 2022). Revenue: JP¥8.60b (up 4.6% from 3Q 2022). Net income: JP¥525.0m (up 16% from 3Q 2022). Profit margin: 6.1% (up from 5.5% in 3Q 2022). The increase in margin was driven by higher revenue. 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 18% per year, which means it is well ahead of earnings.
공시 • Oct 12Seiko PMC Corporation to Report Q3, 2023 Results on Nov 13, 2023Seiko PMC Corporation announced that they will report Q3, 2023 results on Nov 13, 2023
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 88%After last week's 88% share price gain to JP¥1,066, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 70% over the past three years.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: JP¥20.98 (vs JP¥22.59 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.98 (down from JP¥22.59 in 2Q 2022). Revenue: JP¥7.87b (down 6.4% from 2Q 2022). Net income: JP¥636.0m (down 7.2% from 2Q 2022). Profit margin: 8.1% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 5% per year.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.5%).
공시 • May 28Seiko PMC Corporation to Report Q2, 2023 Results on Aug 08, 2023Seiko PMC Corporation announced that they will report Q2, 2023 results on Aug 08, 2023
Reported Earnings • May 14First quarter 2023 earnings released: EPS: JP¥10.06 (vs JP¥20.48 in 1Q 2022)First quarter 2023 results: EPS: JP¥10.06 (down from JP¥20.48 in 1Q 2022). Revenue: JP¥7.46b (down 1.0% from 1Q 2022). Net income: JP¥305.0m (down 51% from 1Q 2022). Profit margin: 4.1% (down from 8.2% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: JP¥54.32 (vs JP¥68.67 in FY 2021)Full year 2022 results: EPS: JP¥54.32 (down from JP¥68.67 in FY 2021). Revenue: JP¥32.4b (up 4.5% from FY 2021). Net income: JP¥1.65b (down 21% from FY 2021). Profit margin: 5.1% (down from 6.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Feb 15Seiko PMC Corporation, Annual General Meeting, Mar 28, 2023Seiko PMC Corporation, Annual General Meeting, Mar 28, 2023.
Reported Earnings • Feb 15Full year 2022 earnings released: EPS: JP¥54.32 (vs JP¥68.67 in FY 2021)Full year 2022 results: EPS: JP¥54.32 (down from JP¥68.67 in FY 2021). Revenue: JP¥32.4b (up 4.5% from FY 2021). Net income: JP¥1.65b (down 21% from FY 2021). Profit margin: 5.1% (down from 6.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.0%).
공시 • Dec 06Seiko PMC Corporation to Report Fiscal Year 2022 Results on Feb 13, 2023Seiko PMC Corporation announced that they will report fiscal year 2022 results on Feb 13, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥14.97 (vs JP¥19.06 in 3Q 2021)Third quarter 2022 results: EPS: JP¥14.97 (down from JP¥19.06 in 3Q 2021). Revenue: JP¥8.22b (up 2.4% from 3Q 2021). Net income: JP¥454.0m (down 22% from 3Q 2021). Profit margin: 5.5% (down from 7.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 1 independent director (8 non-independent directors). Director Naoyoshi Furuta was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: JP¥14.97 (vs JP¥19.06 in 3Q 2021)Third quarter 2022 results: EPS: JP¥14.97 (down from JP¥19.06 in 3Q 2021). Revenue: JP¥8.22b (up 2.4% from 3Q 2021). Net income: JP¥454.0m (down 22% from 3Q 2021). Profit margin: 5.5% (down from 7.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: JP¥22.59 (vs JP¥11.97 in 2Q 2021)Second quarter 2022 results: EPS: JP¥22.59 (up from JP¥11.97 in 2Q 2021). Revenue: JP¥8.41b (up 13% from 2Q 2021). Net income: JP¥685.0m (up 89% from 2Q 2021). Profit margin: 8.1% (up from 4.9% in 2Q 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 but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.0%).
Reported Earnings • May 18First quarter 2022 earnings released: EPS: JP¥20.48 (vs JP¥23.09 in 1Q 2021)First quarter 2022 results: EPS: JP¥20.48 (down from JP¥23.09 in 1Q 2021). Revenue: JP¥7.53b (flat on 1Q 2021). Net income: JP¥621.0m (down 11% from 1Q 2021). Profit margin: 8.2% (down from 9.3% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 1 independent director (9 non-independent directors). Director Naoyoshi Furuta was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 02Full year 2021 earnings released: EPS: JP¥68.67 (vs JP¥55.57 in FY 2020)Full year 2021 results: EPS: JP¥68.67 (up from JP¥55.57 in FY 2020). Revenue: JP¥31.0b (up 19% from FY 2020). Net income: JP¥2.08b (up 24% from FY 2020). Profit margin: 6.7% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥68.67 (up from JP¥55.57 in FY 2020). Revenue: JP¥31.0b (up 19% from FY 2020). Net income: JP¥2.08b (up 24% from FY 2020). Profit margin: 6.7% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥68.67 (up from JP¥55.57 in FY 2020). Revenue: JP¥31.0b (up 19% from FY 2020). Net income: JP¥2.08b (up 24% from FY 2020). Profit margin: 6.7% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 9% per year, which means it is significantly lagging earnings.
Buying Opportunity • Jan 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be JP¥853, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% per annum over the last 3 years. Earnings per share has grown by 8.3% per annum over the last 3 years.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 21% 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%). In line with average of industry peers (2.2%).
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS JP¥19.06 (vs JP¥14.74 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥8.03b (up 27% from 3Q 2020). Net income: JP¥578.0m (up 29% from 3Q 2020). Profit margin: 7.2% (up from 7.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS JP¥11.97 (vs JP¥7.55 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥7.47b (up 26% from 2Q 2020). Net income: JP¥363.0m (up 59% from 2Q 2020). Profit margin: 4.9% (up from 3.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 08 September 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.1%). In line with average of industry peers (2.1%).
Reported Earnings • May 16First quarter 2021 earnings released: EPS JP¥23.09 (vs JP¥12.86 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥7.51b (up 14% from 1Q 2020). Net income: JP¥700.0m (up 80% from 1Q 2020). Profit margin: 9.3% (up from 5.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥55.57 (vs JP¥64.68 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥26.0b (down 6.9% from FY 2019). Net income: JP¥1.69b (down 14% from FY 2019). Profit margin: 6.5% (down from 7.0% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Jan 08New 90-day high: JP¥802The company is up 20% from its price of JP¥670 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period.
Is New 90 Day High Low • Dec 04New 90-day high: JP¥784The company is up 24% from its price of JP¥631 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 18% over the same period.