View ValuationDowa Holdings 향후 성장Future 기준 점검 1/6Dowa Holdings (는) 각각 연간 3.4% 및 5.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 2.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 11.1% 로 예상됩니다.핵심 정보3.4%이익 성장률2.79%EPS 성장률Metals and Mining 이익 성장11.3%매출 성장률5.7%향후 자기자본이익률11.12%애널리스트 커버리지Good마지막 업데이트02 Jul 2026최근 향후 성장 업데이트Price Target Changed • Mar 31Price target increased by 7.2% to JP¥9,840Up from JP¥9,183, the current price target is an average from 7 analysts. New target price is 13% above last closing price of JP¥8,735. Stock is up 88% over the past year. The company is forecast to post earnings per share of JP¥917 for next year compared to JP¥456 last year.Major Estimate Revision • Mar 03Consensus EPS estimates increase by 40%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥652 to JP¥911. Net income forecast to grow 109% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥7,469 to JP¥8,069. Share price rose 4.2% to JP¥11,030 over the past week.Major Estimate Revision • Feb 27Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥557 to JP¥631. Net income forecast to grow 91% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥7,469 unchanged from last update. Share price rose 14% to JP¥11,510 over the past week.분석 기사 • Feb 13Dowa Holdings Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for Dowa Holdings Co., Ltd. ( TSE:5714 ), which a week ago released some...Price Target Changed • Dec 13Price target increased by 7.9% to JP¥5,826Up from JP¥5,397, the current price target is an average from 7 analysts. New target price is 14% below last closing price of JP¥6,736. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥517 for next year compared to JP¥456 last year.Price Target Changed • Dec 10Price target increased by 8.8% to JP¥5,669Up from JP¥5,211, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥6,500. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥507 for next year compared to JP¥456 last year.모든 업데이트 보기Recent updates분석 기사 • May 21Impressive Earnings May Not Tell The Whole Story For Dowa Holdings (TSE:5714)Dowa Holdings Co., Ltd. ( TSE:5714 ) just reported some strong earnings, and the market reacted accordingly with a...속보 • May 17Dowa Holdings Projects Higher Dividend Backed by Record Profits and Stake Sale ProceedsDowa Holdings lifted its 2026 annual dividend forecast to ¥368 per share, supported in part by proceeds from a partial sale of its stake in Fujita Kanko Inc. The higher dividend follows record fiscal 2025 profits, supported by metal prices and demand related to AI servers. The company also announced a larger dividend and a share buyback plan alongside improved profitability in electronic materials and sales to information and communication sectors. The combination of record profits, a higher dividend forecast and share buybacks points to a period where management is prioritising shareholder returns funded by both operating performance and asset sales. Investors may want to consider how much of the recent strength is tied to metal price levels and AI-related demand, as a change in either could affect earnings and the sustainability of current capital return policies.Reported Earnings • May 16Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥1,050 (up from JP¥456 in FY 2025). Revenue: JP¥745.4b (up 9.8% from FY 2025). Net income: JP¥62.5b (up 130% from FY 2025). Profit margin: 8.4% (up from 4.0% in FY 2025). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026.New Risk • May 15New 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 9.7% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.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¥12,060, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Metals and Mining industry in Japan. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,084 per share.공시 • Apr 03+ 2 more updatesDowa Holdings Co., Ltd. to Report Q3, 2027 Results on Feb 09, 2027Dowa Holdings Co., Ltd. announced that they will report Q3, 2027 results on Feb 09, 2027Price Target Changed • Mar 31Price target increased by 7.2% to JP¥9,840Up from JP¥9,183, the current price target is an average from 7 analysts. New target price is 13% above last closing price of JP¥8,735. Stock is up 88% over the past year. The company is forecast to post earnings per share of JP¥917 for next year compared to JP¥456 last year.New Risk • Mar 23New 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 9.1% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.Upcoming Dividend • Mar 23Upcoming dividend of JP¥318 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).Major Estimate Revision • Mar 03Consensus EPS estimates increase by 40%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥652 to JP¥911. Net income forecast to grow 109% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥7,469 to JP¥8,069. Share price rose 4.2% to JP¥11,030 over the past week.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥11,805, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Metals and Mining industry in Japan. Total returns to shareholders of 182% over the past three years.Major Estimate Revision • Feb 27Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥557 to JP¥631. Net income forecast to grow 91% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥7,469 unchanged from last update. Share price rose 14% to JP¥11,510 over the past week.공시 • Feb 17Dowa Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Dowa Holdings Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026분석 기사 • Feb 13Dowa Holdings Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for Dowa Holdings Co., Ltd. ( TSE:5714 ), which a week ago released some...Reported Earnings • Feb 11Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥83.06 (up from JP¥54.95 in 3Q 2025). Revenue: JP¥181.5b (up 10% from 3Q 2025). Net income: JP¥4.95b (up 51% from 3Q 2025). Profit margin: 2.7% (up from 2.0% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.분석 기사 • Feb 10Dowa Holdings' (TSE:5714) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that it will be paying its dividend of ¥183.00 on the...공시 • Feb 10+ 1 more updateNSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion.NSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion on February 10, 2026. A cash consideration of ¥38.99 billion will be paid by NSSK-GAMMA2 G.K. Post transaction Dowa Holdings will hold 6.83% in Fujita Kanko. NSSK-GAMMA2 G.K. completed the acquisition of 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) on February 10, 2026.분석 기사 • Jan 08Dowa Holdings (TSE:5714) Will Pay A Larger Dividend Than Last Year At ¥183.00Dowa Holdings Co., Ltd. ( TSE:5714 ) will increase its dividend from last year's comparable payment on the 13th of June...Declared Dividend • Jan 08Dividend of JP¥183 announcedShareholders will receive a dividend of JP¥183. Ex-date: 30th March 2026 Payment date: 13th June 2026 Dividend yield will be 2.3%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 07Dowa Holdings Co., Ltd. announces Annual dividend, payable on June 13, 2026Dowa Holdings Co., Ltd. announced Annual dividend of JPY 183.0000 per share payable on June 13, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.New Risk • Jan 06New 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. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin).분석 기사 • Dec 24Why Investors Shouldn't Be Surprised By Dowa Holdings Co., Ltd.'s (TSE:5714) 25% Share Price SurgeDespite an already strong run, Dowa Holdings Co., Ltd. ( TSE:5714 ) shares have been powering on, with a gain of 25% in...Price Target Changed • Dec 13Price target increased by 7.9% to JP¥5,826Up from JP¥5,397, the current price target is an average from 7 analysts. New target price is 14% below last closing price of JP¥6,736. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥517 for next year compared to JP¥456 last year.Price Target Changed • Dec 10Price target increased by 8.8% to JP¥5,669Up from JP¥5,211, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥6,500. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥507 for next year compared to JP¥456 last year.Price Target Changed • Dec 03Price target increased by 8.0% to JP¥5,397Up from JP¥4,997, the current price target is an average from 7 analysts. New target price is 11% below last closing price of JP¥6,042. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥494 for next year compared to JP¥456 last year.분석 기사 • Nov 19Dowa Holdings' (TSE:5714) Conservative Accounting Might Explain Soft EarningsThe market was pleased with the recent earnings report from Dowa Holdings Co., Ltd. ( TSE:5714 ), despite the profit...Major Estimate Revision • Nov 19Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥681.2b to JP¥671.4b. EPS estimate rose from JP¥434 to JP¥488. Net income forecast to grow 43% next year vs 7.5% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥4,997 to JP¥5,211. Share price was steady at JP¥5,840 over the past week.분석 기사 • Nov 14Dowa Holdings Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a pretty great week for Dowa Holdings Co., Ltd. ( TSE:5714 ) shareholders, with its shares surging 10% to...Reported Earnings • Nov 14Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥121 (down from JP¥147 in 2Q 2025). Revenue: JP¥157.1b (down 4.0% from 2Q 2025). Net income: JP¥7.22b (down 17% from 2Q 2025). Profit margin: 4.6% (down from 5.3% in 2Q 2025). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • Nov 12+ 1 more updateDowa Holdings Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. revised dividend guidance for the fiscal year ending March 31, 2026. For the year, the company now expects dividend of JPY 183.00 per share compared to previous guidance of JPY 159.00 per share. Reasons for the Revisions: The Company's dividend policy for the period covered by the "Medium-Term Plan 2027" (fiscal years ending March 2026 to March 2028) is set as "a dividend payout ratio of 35% or JPY 150 per share, whichever is higher." In line with the revision of the consolidated financial result forecasts for the full fiscal year ending March 31, 2026, the annual dividends for the current fiscal year has been increased by JPY 24 per share from the dividends forecasts of JPY 159 per share (announced on May 13, 2025) to JPY 183 per share.분석 기사 • Oct 27Does Dowa Holdings (TSE:5714) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Aug 09First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥107 (down from JP¥198 in 1Q 2025). Revenue: JP¥160.1b (down 15% from 1Q 2025). Net income: JP¥6.40b (down 46% from 1Q 2025). Profit margin: 4.0% (down from 6.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.분석 기사 • Jul 24Is Dowa Holdings (TSE:5714) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Jun 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥456 (down from JP¥468 in FY 2024). Revenue: JP¥678.7b (down 5.4% from FY 2024). Net income: JP¥27.1b (down 2.6% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.분석 기사 • Jun 23Improved Earnings Required Before Dowa Holdings Co., Ltd. (TSE:5714) Shares Find Their FeetDowa Holdings Co., Ltd.'s ( TSE:5714 ) price-to-earnings (or "P/E") ratio of 9.8x might make it look like a buy right...분석 기사 • May 20Dowa Holdings' (TSE:5714) Conservative Accounting Might Explain Soft EarningsThe market for Dowa Holdings Co., Ltd.'s ( TSE:5714 ) shares didn't move much after it posted weak earnings recently...공시 • May 16Dowa Holdings Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2025, Payable on June 13, 2025; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. announced dividend of JPY 150.00 per share for the fiscal year ended March 31, 2025 as compared to dividend of JPY 130.00 per share a year ago. Scheduled date to commence dividend payments: June 13, 2025. For the fiscal year ending March 31, 2026, the company expected dividend of JPY 159.00 per share as compared to JPY 150.00 per share a year ago.Reported Earnings • May 15Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥456 (down from JP¥468 in FY 2024). Revenue: JP¥678.7b (down 5.4% from FY 2024). Net income: JP¥27.1b (down 2.6% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • May 13+ 1 more updateDowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025.분석 기사 • May 12Returns On Capital At Dowa Holdings (TSE:5714) Have Hit The BrakesIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Upcoming Dividend • Mar 21Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 14 June 2025. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.1%).분석 기사 • Mar 19Dowa Holdings (TSE:5714) Is Paying Out A Larger Dividend Than Last YearDowa Holdings Co., Ltd. ( TSE:5714 ) has announced that it will be increasing its periodic dividend on the 14th of June...공시 • Mar 18+ 2 more updatesDowa Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Dowa Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025분석 기사 • Mar 05Dowa Holdings (TSE:5714) Is Increasing Its Dividend To ¥150.00The board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that the dividend on 14th of June will be increased to...공시 • Mar 05Dowa Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Dowa Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025분석 기사 • Feb 14Dowa Holdings (TSE:5714) Is Paying Out A Larger Dividend Than Last YearThe board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that the dividend on 14th of June will be increased to...Reported Earnings • Feb 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥54.95 (down from JP¥182 in 3Q 2024). Revenue: JP¥164.7b (down 9.0% from 3Q 2024). Net income: JP¥3.27b (down 70% from 3Q 2024). Profit margin: 2.0% (down from 6.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 58%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.분석 기사 • Jan 22Benign Growth For Dowa Holdings Co., Ltd. (TSE:5714) Underpins Its Share PriceDowa Holdings Co., Ltd.'s ( TSE:5714 ) price-to-earnings (or "P/E") ratio of 7.8x might make it look like a buy right...Declared Dividend • Jan 06Dividend of JP¥130 announcedShareholders will receive a dividend of JP¥130. Ex-date: 28th March 2025 Payment date: 14th June 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.0% over the next 3 years. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range.분석 기사 • Dec 18The Return Trends At Dowa Holdings (TSE:5714) Look PromisingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...New Risk • Nov 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 13Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: JP¥147 (up from JP¥89.57 in 2Q 2024). Revenue: JP¥163.6b (down 9.0% from 2Q 2024). Net income: JP¥8.74b (up 64% from 2Q 2024). Profit margin: 5.3% (up from 3.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has remained flat, which means it is well ahead of earnings.분석 기사 • Oct 18Dowa Holdings Co., Ltd.'s (TSE:5714) Shares Lagging The Market But So Is The BusinessWith a price-to-earnings (or "P/E") ratio of 9.7x Dowa Holdings Co., Ltd. ( TSE:5714 ) may be sending bullish signals...분석 기사 • Sep 04Is Dowa Holdings (TSE:5714) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Aug 13First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: JP¥198 (up from JP¥132 in 1Q 2024). Revenue: JP¥189.0b (down 1.0% from 1Q 2024). Net income: JP¥11.8b (up 50% from 1Q 2024). Profit margin: 6.2% (up from 4.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) exceeded analyst estimates by 32%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥4,324, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Metals and Mining industry in Japan. Total returns to shareholders of 7.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,171 per share.분석 기사 • Aug 01Returns On Capital At Dowa Holdings (TSE:5714) Have StalledIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...공시 • Jun 27+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Dowa Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025분석 기사 • May 21Dowa Holdings (TSE:5714) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereDowa Holdings Co., Ltd.'s ( TSE:5714 ) solid earnings announcement recently didn't do much to the stock price. Our...공시 • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024.Reported Earnings • May 12Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥468 (up from JP¥421 in FY 2023). Revenue: JP¥717.2b (down 8.1% from FY 2023). Net income: JP¥27.9b (up 11% from FY 2023). Profit margin: 3.9% (up from 3.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 3.5%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.분석 기사 • Apr 30Dowa Holdings (TSE:5714) Has More To Do To Multiply In Value Going ForwardIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...공시 • Mar 28Dowa Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Dowa Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.5%).Major Estimate Revision • Mar 05Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥389 to JP¥431. Revenue forecast steady at JP¥700.0b. Net income forecast to grow 19% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target broadly unchanged at JP¥4,517. Share price was steady at JP¥5,187 over the past week.Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥182 (up from JP¥76.20 in 3Q 2023). Revenue: JP¥180.9b (down 5.3% from 3Q 2023). Net income: JP¥10.8b (up 139% from 3Q 2023). Profit margin: 6.0% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Nov 11Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥89.57 (down from JP¥163 in 2Q 2023). Revenue: JP¥179.8b (down 6.3% from 2Q 2023). Net income: JP¥5.33b (down 45% from 2Q 2023). Profit margin: 3.0% (down from 5.0% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%. Revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).Reported Earnings • Aug 10First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: JP¥132 (down from JP¥220 in 1Q 2023). Revenue: JP¥191.0b (down 9.0% from 1Q 2023). Net income: JP¥7.85b (down 40% from 1Q 2023). Profit margin: 4.1% (down from 6.2% in 1Q 2023). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 4.9%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.공시 • Jul 15+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Dowa Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024Major Estimate Revision • Jun 16Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥708.1b to JP¥686.8b. EPS estimate also fell from JP¥483 per share to JP¥406 per share. Net income forecast to shrink 3.5% next year vs 11% decline forecast for Metals and Mining industry in Japan. Consensus price target broadly unchanged at JP¥4,503. Share price rose 3.4% to JP¥4,579 over the past week.공시 • Jun 01Dowa Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023Dowa Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023Buying Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥5,074, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 0.002% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period.공시 • May 17Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023.Reported Earnings • May 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥421 (down from JP¥857 in FY 2022). Revenue: JP¥780.1b (down 6.2% from FY 2022). Net income: JP¥25.0b (down 51% from FY 2022). Profit margin: 3.2% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Japan. 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 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥105 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%).Reported Earnings • Feb 12Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥76.19 (down from JP¥193 in 3Q 2022). Revenue: JP¥191.1b (up 1.3% from 3Q 2022). Net income: JP¥4.54b (down 61% from 3Q 2022). Profit margin: 2.4% (down from 6.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 54%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to stay flat during the next 3 years compared to a 1.1% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 13Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 17Now 20% undervaluedOver the last 90 days, the stock is up 8.0%. The fair value is estimated to be JP¥6,226, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings is forecast to decline by 0.2% per annum over the same time period.Buying Opportunity • Sep 22Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be JP¥6,709, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is forecast to decline by 0.8% per annum over the same time period.Major Estimate Revision • Sep 10Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast fell from JP¥875.4b to JP¥843.3b. EPS estimate rose from JP¥676 to JP¥744. Net income forecast to shrink 2.3% next year vs 13% decline forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥5,160 to JP¥5,351. Share price rose 8.5% to JP¥5,500 over the past week.Reported Earnings • Aug 12First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: JP¥220 (down from JP¥335 in 1Q 2022). Revenue: JP¥209.9b (up 1.0% from 1Q 2022). Net income: JP¥13.1b (down 35% from 1Q 2022). Profit margin: 6.2% (down from 9.6% in 1Q 2022). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 44%. Over the next year, revenue is forecast to grow 5.2%, compared to a 2,013% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jun 15Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥842.5b to JP¥882.0b. EPS estimate fell from JP¥725 to JP¥644 per share. Net income forecast to shrink 25% next year vs 20% decline forecast for Metals and Mining industry in Japan. Consensus price target down from JP¥5,864 to JP¥5,731. Share price fell 5.6% to JP¥4,555 over the past week.Reported Earnings • May 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥857 (up from JP¥368 in FY 2021). Revenue: JP¥831.8b (up 42% from FY 2021). Net income: JP¥51.0b (up 134% from FY 2021). Profit margin: 6.1% (up from 3.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Over the next year, revenue is forecast to stay flat compared to a 4.2% growth forecast for the mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Apr 04Dowa Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Dowa Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023이익 및 매출 성장 예측TSE:5714 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029963,77567,06713,53370,40043/31/2028897,84960,73426,48767,63773/31/2027882,21460,351-41,13361,60073/31/2026745,41062,458-29,9355,241N/A12/31/2025660,14221,908N/AN/AN/A9/30/2025643,26720,233-7,53535,198N/A6/30/2025649,80721,748N/AN/AN/A3/31/2025678,67227,128-34,35012,827N/A12/31/2024682,77127,625N/AN/AN/A9/30/2024699,02835,188-18,31522,488N/A6/30/2024715,22731,781N/AN/AN/A3/31/2024717,19427,85380,273118,630N/A12/31/2023738,80221,790N/AN/AN/A9/30/2023748,99315,49082,752117,681N/A6/30/2023761,08819,831N/AN/AN/A3/31/2023780,06025,04117,64950,725N/A12/31/2022812,79534,180N/AN/AN/A9/30/2022810,35741,15138,12970,279N/A6/30/2022833,80744,129N/AN/AN/A3/31/2022831,79451,01228,13259,911N/A12/31/2021796,34257,454N/AN/AN/A9/30/2021758,78752,805-45,538-10,677N/A6/30/2021680,51241,581N/AN/AN/A3/31/2021588,00321,824-38,110-3,088N/A12/31/2020535,97612,381N/AN/AN/A9/30/2020506,82711,08719,91056,571N/A6/30/2020484,30712,732N/AN/AN/A3/31/2020485,13017,39518,98755,113N/A12/31/2019469,31217,786N/AN/AN/A9/30/2019461,88214,021N/A43,985N/A6/30/2019454,01013,816N/AN/AN/A3/31/2019452,92814,986N/A37,555N/A12/31/2018452,48716,156N/AN/AN/A9/30/2018457,28021,849N/A26,174N/A6/30/2018459,77924,542N/AN/AN/A3/31/2018454,75424,693N/A11,125N/A12/31/2017461,43629,096N/AN/AN/A9/30/2017445,04728,023N/A19,066N/A6/30/2017426,88027,374N/AN/AN/A3/31/2017410,50326,169N/A29,389N/A12/31/2016383,66921,136N/AN/AN/A9/30/2016383,08419,644N/A56,503N/A6/30/2016392,54220,591N/AN/AN/A3/31/2016406,59821,826N/A45,751N/A12/31/2015429,17523,090N/AN/AN/A9/30/2015448,85126,405N/A33,328N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 5714 의 연간 예상 수익 증가율(3.4%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 5714 의 연간 수익(3.4%)이 JP 시장(10.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 5714 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 5714 의 수익(연간 5.7%)이 JP 시장(연간 6.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 5714 의 수익(연간 5.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 5714의 자본 수익률은 3년 후 11.1%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/11 13:03종가2026/07/10 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Dowa Holdings Co., Ltd.는 19명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masaki OkunoBarclaysTakashi EnomotoBofA Global ResearchToshiyuki JohnoCitigroup Inc16명의 분석가 더 보기
Price Target Changed • Mar 31Price target increased by 7.2% to JP¥9,840Up from JP¥9,183, the current price target is an average from 7 analysts. New target price is 13% above last closing price of JP¥8,735. Stock is up 88% over the past year. The company is forecast to post earnings per share of JP¥917 for next year compared to JP¥456 last year.
Major Estimate Revision • Mar 03Consensus EPS estimates increase by 40%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥652 to JP¥911. Net income forecast to grow 109% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥7,469 to JP¥8,069. Share price rose 4.2% to JP¥11,030 over the past week.
Major Estimate Revision • Feb 27Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥557 to JP¥631. Net income forecast to grow 91% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥7,469 unchanged from last update. Share price rose 14% to JP¥11,510 over the past week.
분석 기사 • Feb 13Dowa Holdings Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for Dowa Holdings Co., Ltd. ( TSE:5714 ), which a week ago released some...
Price Target Changed • Dec 13Price target increased by 7.9% to JP¥5,826Up from JP¥5,397, the current price target is an average from 7 analysts. New target price is 14% below last closing price of JP¥6,736. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥517 for next year compared to JP¥456 last year.
Price Target Changed • Dec 10Price target increased by 8.8% to JP¥5,669Up from JP¥5,211, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥6,500. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥507 for next year compared to JP¥456 last year.
분석 기사 • May 21Impressive Earnings May Not Tell The Whole Story For Dowa Holdings (TSE:5714)Dowa Holdings Co., Ltd. ( TSE:5714 ) just reported some strong earnings, and the market reacted accordingly with a...
속보 • May 17Dowa Holdings Projects Higher Dividend Backed by Record Profits and Stake Sale ProceedsDowa Holdings lifted its 2026 annual dividend forecast to ¥368 per share, supported in part by proceeds from a partial sale of its stake in Fujita Kanko Inc. The higher dividend follows record fiscal 2025 profits, supported by metal prices and demand related to AI servers. The company also announced a larger dividend and a share buyback plan alongside improved profitability in electronic materials and sales to information and communication sectors. The combination of record profits, a higher dividend forecast and share buybacks points to a period where management is prioritising shareholder returns funded by both operating performance and asset sales. Investors may want to consider how much of the recent strength is tied to metal price levels and AI-related demand, as a change in either could affect earnings and the sustainability of current capital return policies.
Reported Earnings • May 16Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥1,050 (up from JP¥456 in FY 2025). Revenue: JP¥745.4b (up 9.8% from FY 2025). Net income: JP¥62.5b (up 130% from FY 2025). Profit margin: 8.4% (up from 4.0% in FY 2025). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026Dowa Holdings Co., Ltd., Annual General Meeting, Jun 24, 2026.
New Risk • May 15New 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 9.7% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
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¥12,060, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Metals and Mining industry in Japan. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,084 per share.
공시 • Apr 03+ 2 more updatesDowa Holdings Co., Ltd. to Report Q3, 2027 Results on Feb 09, 2027Dowa Holdings Co., Ltd. announced that they will report Q3, 2027 results on Feb 09, 2027
Price Target Changed • Mar 31Price target increased by 7.2% to JP¥9,840Up from JP¥9,183, the current price target is an average from 7 analysts. New target price is 13% above last closing price of JP¥8,735. Stock is up 88% over the past year. The company is forecast to post earnings per share of JP¥917 for next year compared to JP¥456 last year.
New Risk • Mar 23New 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 9.1% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥318 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%).
Major Estimate Revision • Mar 03Consensus EPS estimates increase by 40%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥652 to JP¥911. Net income forecast to grow 109% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥7,469 to JP¥8,069. Share price rose 4.2% to JP¥11,030 over the past week.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥11,805, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Metals and Mining industry in Japan. Total returns to shareholders of 182% over the past three years.
Major Estimate Revision • Feb 27Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥717.2b to JP¥708.6b. EPS estimate rose from JP¥557 to JP¥631. Net income forecast to grow 91% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥7,469 unchanged from last update. Share price rose 14% to JP¥11,510 over the past week.
공시 • Feb 17Dowa Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Dowa Holdings Co., Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
분석 기사 • Feb 13Dowa Holdings Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsIt's shaping up to be a tough period for Dowa Holdings Co., Ltd. ( TSE:5714 ), which a week ago released some...
Reported Earnings • Feb 11Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥83.06 (up from JP¥54.95 in 3Q 2025). Revenue: JP¥181.5b (up 10% from 3Q 2025). Net income: JP¥4.95b (up 51% from 3Q 2025). Profit margin: 2.7% (up from 2.0% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
분석 기사 • Feb 10Dowa Holdings' (TSE:5714) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that it will be paying its dividend of ¥183.00 on the...
공시 • Feb 10+ 1 more updateNSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion.NSSK-GAMMA2 G.K. acquired 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) for ¥39.0 billion on February 10, 2026. A cash consideration of ¥38.99 billion will be paid by NSSK-GAMMA2 G.K. Post transaction Dowa Holdings will hold 6.83% in Fujita Kanko. NSSK-GAMMA2 G.K. completed the acquisition of 25% stake in Fujita Kanko Inc. (TSE:9722) from Dowa Holdings Co., Ltd. (TSE:5714) on February 10, 2026.
분석 기사 • Jan 08Dowa Holdings (TSE:5714) Will Pay A Larger Dividend Than Last Year At ¥183.00Dowa Holdings Co., Ltd. ( TSE:5714 ) will increase its dividend from last year's comparable payment on the 13th of June...
Declared Dividend • Jan 08Dividend of JP¥183 announcedShareholders will receive a dividend of JP¥183. Ex-date: 30th March 2026 Payment date: 13th June 2026 Dividend yield will be 2.3%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 07Dowa Holdings Co., Ltd. announces Annual dividend, payable on June 13, 2026Dowa Holdings Co., Ltd. announced Annual dividend of JPY 183.0000 per share payable on June 13, 2026, ex-date on March 30, 2026 and record date on March 31, 2026.
New Risk • Jan 06New 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. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin).
분석 기사 • Dec 24Why Investors Shouldn't Be Surprised By Dowa Holdings Co., Ltd.'s (TSE:5714) 25% Share Price SurgeDespite an already strong run, Dowa Holdings Co., Ltd. ( TSE:5714 ) shares have been powering on, with a gain of 25% in...
Price Target Changed • Dec 13Price target increased by 7.9% to JP¥5,826Up from JP¥5,397, the current price target is an average from 7 analysts. New target price is 14% below last closing price of JP¥6,736. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥517 for next year compared to JP¥456 last year.
Price Target Changed • Dec 10Price target increased by 8.8% to JP¥5,669Up from JP¥5,211, the current price target is an average from 7 analysts. New target price is 13% below last closing price of JP¥6,500. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥507 for next year compared to JP¥456 last year.
Price Target Changed • Dec 03Price target increased by 8.0% to JP¥5,397Up from JP¥4,997, the current price target is an average from 7 analysts. New target price is 11% below last closing price of JP¥6,042. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥494 for next year compared to JP¥456 last year.
분석 기사 • Nov 19Dowa Holdings' (TSE:5714) Conservative Accounting Might Explain Soft EarningsThe market was pleased with the recent earnings report from Dowa Holdings Co., Ltd. ( TSE:5714 ), despite the profit...
Major Estimate Revision • Nov 19Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥681.2b to JP¥671.4b. EPS estimate rose from JP¥434 to JP¥488. Net income forecast to grow 43% next year vs 7.5% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥4,997 to JP¥5,211. Share price was steady at JP¥5,840 over the past week.
분석 기사 • Nov 14Dowa Holdings Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a pretty great week for Dowa Holdings Co., Ltd. ( TSE:5714 ) shareholders, with its shares surging 10% to...
Reported Earnings • Nov 14Second quarter 2026 earnings: EPS and revenues miss analyst expectationsSecond quarter 2026 results: EPS: JP¥121 (down from JP¥147 in 2Q 2025). Revenue: JP¥157.1b (down 4.0% from 2Q 2025). Net income: JP¥7.22b (down 17% from 2Q 2025). Profit margin: 4.6% (down from 5.3% in 2Q 2025). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • Nov 12+ 1 more updateDowa Holdings Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. revised dividend guidance for the fiscal year ending March 31, 2026. For the year, the company now expects dividend of JPY 183.00 per share compared to previous guidance of JPY 159.00 per share. Reasons for the Revisions: The Company's dividend policy for the period covered by the "Medium-Term Plan 2027" (fiscal years ending March 2026 to March 2028) is set as "a dividend payout ratio of 35% or JPY 150 per share, whichever is higher." In line with the revision of the consolidated financial result forecasts for the full fiscal year ending March 31, 2026, the annual dividends for the current fiscal year has been increased by JPY 24 per share from the dividends forecasts of JPY 159 per share (announced on May 13, 2025) to JPY 183 per share.
분석 기사 • Oct 27Does Dowa Holdings (TSE:5714) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Aug 09First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥107 (down from JP¥198 in 1Q 2025). Revenue: JP¥160.1b (down 15% from 1Q 2025). Net income: JP¥6.40b (down 46% from 1Q 2025). Profit margin: 4.0% (down from 6.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
분석 기사 • Jul 24Is Dowa Holdings (TSE:5714) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Jun 29Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥456 (down from JP¥468 in FY 2024). Revenue: JP¥678.7b (down 5.4% from FY 2024). Net income: JP¥27.1b (down 2.6% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
분석 기사 • Jun 23Improved Earnings Required Before Dowa Holdings Co., Ltd. (TSE:5714) Shares Find Their FeetDowa Holdings Co., Ltd.'s ( TSE:5714 ) price-to-earnings (or "P/E") ratio of 9.8x might make it look like a buy right...
분석 기사 • May 20Dowa Holdings' (TSE:5714) Conservative Accounting Might Explain Soft EarningsThe market for Dowa Holdings Co., Ltd.'s ( TSE:5714 ) shares didn't move much after it posted weak earnings recently...
공시 • May 16Dowa Holdings Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2025, Payable on June 13, 2025; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026Dowa Holdings Co., Ltd. announced dividend of JPY 150.00 per share for the fiscal year ended March 31, 2025 as compared to dividend of JPY 130.00 per share a year ago. Scheduled date to commence dividend payments: June 13, 2025. For the fiscal year ending March 31, 2026, the company expected dividend of JPY 159.00 per share as compared to JPY 150.00 per share a year ago.
Reported Earnings • May 15Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥456 (down from JP¥468 in FY 2024). Revenue: JP¥678.7b (down 5.4% from FY 2024). Net income: JP¥27.1b (down 2.6% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • May 13+ 1 more updateDowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2025.
분석 기사 • May 12Returns On Capital At Dowa Holdings (TSE:5714) Have Hit The BrakesIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 14 June 2025. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (4.1%).
분석 기사 • Mar 19Dowa Holdings (TSE:5714) Is Paying Out A Larger Dividend Than Last YearDowa Holdings Co., Ltd. ( TSE:5714 ) has announced that it will be increasing its periodic dividend on the 14th of June...
공시 • Mar 18+ 2 more updatesDowa Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Dowa Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025
분석 기사 • Mar 05Dowa Holdings (TSE:5714) Is Increasing Its Dividend To ¥150.00The board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that the dividend on 14th of June will be increased to...
공시 • Mar 05Dowa Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Dowa Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
분석 기사 • Feb 14Dowa Holdings (TSE:5714) Is Paying Out A Larger Dividend Than Last YearThe board of Dowa Holdings Co., Ltd. ( TSE:5714 ) has announced that the dividend on 14th of June will be increased to...
Reported Earnings • Feb 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: JP¥54.95 (down from JP¥182 in 3Q 2024). Revenue: JP¥164.7b (down 9.0% from 3Q 2024). Net income: JP¥3.27b (down 70% from 3Q 2024). Profit margin: 2.0% (down from 6.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 58%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
분석 기사 • Jan 22Benign Growth For Dowa Holdings Co., Ltd. (TSE:5714) Underpins Its Share PriceDowa Holdings Co., Ltd.'s ( TSE:5714 ) price-to-earnings (or "P/E") ratio of 7.8x might make it look like a buy right...
Declared Dividend • Jan 06Dividend of JP¥130 announcedShareholders will receive a dividend of JP¥130. Ex-date: 28th March 2025 Payment date: 14th June 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.0% over the next 3 years. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range.
분석 기사 • Dec 18The Return Trends At Dowa Holdings (TSE:5714) Look PromisingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
New Risk • Nov 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 13Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: JP¥147 (up from JP¥89.57 in 2Q 2024). Revenue: JP¥163.6b (down 9.0% from 2Q 2024). Net income: JP¥8.74b (up 64% from 2Q 2024). Profit margin: 5.3% (up from 3.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
분석 기사 • Oct 18Dowa Holdings Co., Ltd.'s (TSE:5714) Shares Lagging The Market But So Is The BusinessWith a price-to-earnings (or "P/E") ratio of 9.7x Dowa Holdings Co., Ltd. ( TSE:5714 ) may be sending bullish signals...
분석 기사 • Sep 04Is Dowa Holdings (TSE:5714) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Aug 13First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: JP¥198 (up from JP¥132 in 1Q 2024). Revenue: JP¥189.0b (down 1.0% from 1Q 2024). Net income: JP¥11.8b (up 50% from 1Q 2024). Profit margin: 6.2% (up from 4.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) exceeded analyst estimates by 32%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥4,324, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Metals and Mining industry in Japan. Total returns to shareholders of 7.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,171 per share.
분석 기사 • Aug 01Returns On Capital At Dowa Holdings (TSE:5714) Have StalledIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
공시 • Jun 27+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Dowa Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025
분석 기사 • May 21Dowa Holdings (TSE:5714) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereDowa Holdings Co., Ltd.'s ( TSE:5714 ) solid earnings announcement recently didn't do much to the stock price. Our...
공시 • May 15Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024Dowa Holdings Co., Ltd., Annual General Meeting, Jun 25, 2024.
Reported Earnings • May 12Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: JP¥468 (up from JP¥421 in FY 2023). Revenue: JP¥717.2b (down 8.1% from FY 2023). Net income: JP¥27.9b (up 11% from FY 2023). Profit margin: 3.9% (up from 3.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 3.5%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
분석 기사 • Apr 30Dowa Holdings (TSE:5714) Has More To Do To Multiply In Value Going ForwardIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
공시 • Mar 28Dowa Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Dowa Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥130 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.5%).
Major Estimate Revision • Mar 05Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥389 to JP¥431. Revenue forecast steady at JP¥700.0b. Net income forecast to grow 19% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target broadly unchanged at JP¥4,517. Share price was steady at JP¥5,187 over the past week.
Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥182 (up from JP¥76.20 in 3Q 2023). Revenue: JP¥180.9b (down 5.3% from 3Q 2023). Net income: JP¥10.8b (up 139% from 3Q 2023). Profit margin: 6.0% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 11Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥89.57 (down from JP¥163 in 2Q 2023). Revenue: JP¥179.8b (down 6.3% from 2Q 2023). Net income: JP¥5.33b (down 45% from 2Q 2023). Profit margin: 3.0% (down from 5.0% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%. Revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).
Reported Earnings • Aug 10First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: JP¥132 (down from JP¥220 in 1Q 2023). Revenue: JP¥191.0b (down 9.0% from 1Q 2023). Net income: JP¥7.85b (down 40% from 1Q 2023). Profit margin: 4.1% (down from 6.2% in 1Q 2023). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 4.9%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.
공시 • Jul 15+ 1 more updateDowa Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Dowa Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024
Major Estimate Revision • Jun 16Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥708.1b to JP¥686.8b. EPS estimate also fell from JP¥483 per share to JP¥406 per share. Net income forecast to shrink 3.5% next year vs 11% decline forecast for Metals and Mining industry in Japan. Consensus price target broadly unchanged at JP¥4,503. Share price rose 3.4% to JP¥4,579 over the past week.
공시 • Jun 01Dowa Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023Dowa Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023
Buying Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥5,074, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 0.002% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period.
공시 • May 17Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023Dowa Holdings Co., Ltd., Annual General Meeting, Jun 27, 2023.
Reported Earnings • May 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥421 (down from JP¥857 in FY 2022). Revenue: JP¥780.1b (down 6.2% from FY 2022). Net income: JP¥25.0b (down 51% from FY 2022). Profit margin: 3.2% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Japan. 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 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥105 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%).
Reported Earnings • Feb 12Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥76.19 (down from JP¥193 in 3Q 2022). Revenue: JP¥191.1b (up 1.3% from 3Q 2022). Net income: JP¥4.54b (down 61% from 3Q 2022). Profit margin: 2.4% (down from 6.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 54%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to stay flat during the next 3 years compared to a 1.1% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 13Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥163 (down from JP¥213 in 2Q 2022). Revenue: JP¥191.9b (down 11% from 2Q 2022). Net income: JP¥9.67b (down 24% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 17Now 20% undervaluedOver the last 90 days, the stock is up 8.0%. The fair value is estimated to be JP¥6,226, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings is forecast to decline by 0.2% per annum over the same time period.
Buying Opportunity • Sep 22Now 20% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be JP¥6,709, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is forecast to decline by 0.8% per annum over the same time period.
Major Estimate Revision • Sep 10Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast fell from JP¥875.4b to JP¥843.3b. EPS estimate rose from JP¥676 to JP¥744. Net income forecast to shrink 2.3% next year vs 13% decline forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥5,160 to JP¥5,351. Share price rose 8.5% to JP¥5,500 over the past week.
Reported Earnings • Aug 12First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2023 results: EPS: JP¥220 (down from JP¥335 in 1Q 2022). Revenue: JP¥209.9b (up 1.0% from 1Q 2022). Net income: JP¥13.1b (down 35% from 1Q 2022). Profit margin: 6.2% (down from 9.6% in 1Q 2022). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 44%. Over the next year, revenue is forecast to grow 5.2%, compared to a 2,013% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jun 15Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥842.5b to JP¥882.0b. EPS estimate fell from JP¥725 to JP¥644 per share. Net income forecast to shrink 25% next year vs 20% decline forecast for Metals and Mining industry in Japan. Consensus price target down from JP¥5,864 to JP¥5,731. Share price fell 5.6% to JP¥4,555 over the past week.
Reported Earnings • May 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥857 (up from JP¥368 in FY 2021). Revenue: JP¥831.8b (up 42% from FY 2021). Net income: JP¥51.0b (up 134% from FY 2021). Profit margin: 6.1% (up from 3.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Over the next year, revenue is forecast to stay flat compared to a 4.2% growth forecast for the mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sato Kimio was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Apr 04Dowa Holdings Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Dowa Holdings Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023