View ValuationARE Holdings 향후 성장Future 기준 점검 2/6ARE Holdings (는) 각각 연간 7.8% 및 11.3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 6.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12% 로 예상됩니다.핵심 정보7.8%이익 성장률6.11%EPS 성장률Metals and Mining 이익 성장10.3%매출 성장률11.3%향후 자기자본이익률12.00%애널리스트 커버리지Low마지막 업데이트14 May 2026최근 향후 성장 업데이트Major Estimate Revision • May 09Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥618.0b to JP¥671.0b. EPS estimate increased from JP¥287 to JP¥317 per share. Net income forecast to grow 11% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥4,400 unchanged from last update. Share price rose 16% to JP¥4,075 over the past week.분석 기사 • Feb 06ARE Holdings, Inc. (TSE:5857) Just Reported And Analysts Have Been Lifting Their Price TargetsInvestors in ARE Holdings, Inc. ( TSE:5857 ) had a good week, as its shares rose 4.5% to close at JP¥3,795 following...Major Estimate Revision • Nov 05Consensus EPS estimates increase by 38%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥213 to JP¥295. Revenue forecast unchanged at JP¥519.0b. Net income forecast to grow 21% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price rose 12% to JP¥2,560 over the past week.Major Estimate Revision • Aug 06Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥485.5b to JP¥535.5b. EPS estimate increased from JP¥210 to JP¥213 per share. Net income forecast to grow 13% next year vs 0.5% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price fell 4.0% to JP¥1,893 over the past week.분석 기사 • Aug 03Revenue Beat: ARE Holdings, Inc. Exceeded Revenue Forecasts By 25% And Analysts Are Updating Their EstimatesShareholders might have noticed that ARE Holdings, Inc. ( TSE:5857 ) filed its quarterly result this time last week...Price Target Changed • May 01Price target increased by 14% to JP¥2,500Up from JP¥2,200, the current price target is provided by 1 analyst. New target price is 43% above last closing price of JP¥1,749. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥187 last year.모든 업데이트 보기Recent updates분석 기사 • May 15Bullish: Analysts Just Made A Notable Upgrade To Their ARE Holdings, Inc. (TSE:5857) ForecastsCelebrations may be in order for ARE Holdings, Inc. ( TSE:5857 ) shareholders, with the analysts delivering a...Major Estimate Revision • May 09Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥618.0b to JP¥671.0b. EPS estimate increased from JP¥287 to JP¥317 per share. Net income forecast to grow 11% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥4,400 unchanged from last update. Share price rose 16% to JP¥4,075 over the past week.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,075, 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 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,179 per share.Reported Earnings • May 06Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥315 (up from JP¥187 in FY 2025). Revenue: JP¥570.0b (up 13% from FY 2025). Net income: JP¥24.4b (up 71% from FY 2025). Profit margin: 4.3% (up from 2.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.공시 • May 01ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥3,825, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in Japan. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,077 per share.New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change).분석 기사 • Feb 10ARE Holdings' (TSE:5857) Earnings Are Weaker Than They SeemARE Holdings, Inc.'s ( TSE:5857 ) stock was strong after they recently reported robust earnings. However, we think that...공시 • Feb 10ARE Holdings, Inc. to Report Fiscal Year 2026 Results on May 01, 2026ARE Holdings, Inc. announced that they will report fiscal year 2026 results on May 01, 2026분석 기사 • Feb 09ARE Holdings (TSE:5857) Is Increasing Its Dividend To ¥65.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will be increasing its dividend from last year's comparable...분석 기사 • Feb 06ARE Holdings, Inc. (TSE:5857) Just Reported And Analysts Have Been Lifting Their Price TargetsInvestors in ARE Holdings, Inc. ( TSE:5857 ) had a good week, as its shares rose 4.5% to close at JP¥3,795 following...New Risk • Feb 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.분석 기사 • Jan 23Investor Optimism Abounds ARE Holdings, Inc. (TSE:5857) But Growth Is LackingIt's not a stretch to say that ARE Holdings, Inc.'s ( TSE:5857 ) price-to-earnings (or "P/E") ratio of 15.6x right now...분석 기사 • Jan 08Here's Why We Think ARE Holdings (TSE:5857) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...분석 기사 • Dec 07ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥60.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥60.00 per share on the 3rd...공시 • Dec 05ARE Holdings, Inc. to Report Q3, 2026 Results on Feb 03, 2026ARE Holdings, Inc. announced that they will report Q3, 2026 results on Feb 03, 2026분석 기사 • Nov 22ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥60.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥60.00 per share on 3rd of June. This will...Declared Dividend • Nov 22First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 3rd June 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (17% 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 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Major Estimate Revision • Nov 05Consensus EPS estimates increase by 38%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥213 to JP¥295. Revenue forecast unchanged at JP¥519.0b. Net income forecast to grow 21% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price rose 12% to JP¥2,560 over the past week.Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥94.10 (vs JP¥44.58 in 2Q 2025)Second quarter 2026 results: EPS: JP¥94.10 (up from JP¥44.58 in 2Q 2025). Revenue: JP¥101.1b (down 32% from 2Q 2025). Net income: JP¥7.21b (up 112% from 2Q 2025). Profit margin: 7.1% (up from 2.3% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year.분석 기사 • Oct 17ARE Holdings, Inc.'s (TSE:5857) Subdued P/E Might Signal An OpportunityARE Holdings, Inc.'s ( TSE:5857 ) price-to-earnings (or "P/E") ratio of 12.2x might make it look like a buy right now...분석 기사 • Sep 27ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 17th...Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 17 November 2025. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).분석 기사 • Aug 06ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥40.00 on the 17th of November. This makes the dividend yield...Major Estimate Revision • Aug 06Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥485.5b to JP¥535.5b. EPS estimate increased from JP¥210 to JP¥213 per share. Net income forecast to grow 13% next year vs 0.5% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price fell 4.0% to JP¥1,893 over the past week.분석 기사 • Aug 04New Forecasts: Here's What Analysts Think The Future Holds For ARE Holdings, Inc. (TSE:5857)Shareholders in ARE Holdings, Inc. ( TSE:5857 ) may be thrilled to learn that the analysts have just delivered a major...공시 • Aug 04ARE Holdings, Inc. to Report Q2, 2026 Results on Oct 29, 2025ARE Holdings, Inc. announced that they will report Q2, 2026 results on Oct 29, 2025분석 기사 • Aug 03Revenue Beat: ARE Holdings, Inc. Exceeded Revenue Forecasts By 25% And Analysts Are Updating Their EstimatesShareholders might have noticed that ARE Holdings, Inc. ( TSE:5857 ) filed its quarterly result this time last week...Reported Earnings • Jul 31First quarter 2026 earnings released: EPS: JP¥47.50 (vs JP¥41.83 in 1Q 2025)First quarter 2026 results: EPS: JP¥47.50 (up from JP¥41.83 in 1Q 2025). Revenue: JP¥137.1b (up 49% from 1Q 2025). Net income: JP¥3.64b (up 14% from 1Q 2025). Profit margin: 2.7% (down from 3.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.분석 기사 • Jul 23ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 17th of November, with...분석 기사 • Jul 09ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 17th of November. Based...Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 17th November 2025 Dividend yield will be 4.2%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Jun 25We Think ARE Holdings' (TSE:5857) Profit Is Only A Baseline For What They Can AchieveARE Holdings, Inc. ( TSE:5857 ) just reported healthy earnings but the stock price didn't move much. We think that...Reported Earnings • Jun 21Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥187 (up from JP¥111 in FY 2024). Revenue: JP¥506.2b (up 57% from FY 2024). Net income: JP¥14.3b (up 68% from FY 2024). Profit margin: 2.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jun 12Now 20% overvaluedOver the last 90 days, the stock has fallen 9.5% to JP¥1,786. The fair value is estimated to be JP¥1,488, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 7.5% per annum over the same time period.Buy Or Sell Opportunity • May 26Now 20% overvaluedOver the last 90 days, the stock has fallen 5.3% to JP¥1,754. The fair value is estimated to be JP¥1,460, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 7.5% per annum over the same time period.공시 • May 02ARE Holdings, Inc. to Report Q1, 2026 Results on Jul 30, 2025ARE Holdings, Inc. announced that they will report Q1, 2026 results on Jul 30, 2025Price Target Changed • May 01Price target increased by 14% to JP¥2,500Up from JP¥2,200, the current price target is provided by 1 analyst. New target price is 43% above last closing price of JP¥1,749. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥187 last year.분석 기사 • Apr 29Earnings Update: ARE Holdings, Inc. (TSE:5857) Just Reported Its Annual Results And Analysts Are Updating Their ForecastsARE Holdings, Inc. ( TSE:5857 ) shareholders are probably feeling a little disappointed, since its shares fell 8.5% to...Reported Earnings • Apr 26Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥187 (up from JP¥111 in FY 2024). Revenue: JP¥506.2b (up 57% from FY 2024). Net income: JP¥14.3b (up 68% from FY 2024). Profit margin: 2.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 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 fallen by 15% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.공시 • Apr 25ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,623, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Metals and Mining industry in Japan. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,141 per share.Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (4.1%).분석 기사 • Mar 06Here's Why ARE Holdings (TSE:5857) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Feb 13ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 4th of June. The...공시 • Feb 12ARE Holdings, Inc. to Report Fiscal Year 2025 Results on Apr 25, 2025ARE Holdings, Inc. announced that they will report fiscal year 2025 results on Apr 25, 2025Major Estimate Revision • Feb 05Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥480.0b to JP¥500.0b. EPS estimate increased from JP¥170 to JP¥196 per share. Net income forecast to grow 4.0% next year vs 9.2% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥2,200 to JP¥2,300. Share price rose 13% to JP¥1,890 over the past week.Reported Earnings • Jan 30Third quarter 2025 earnings released: EPS: JP¥62.40 (vs JP¥23.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥62.40 (up from JP¥23.97 in 3Q 2024). Revenue: JP¥132.6b (up 59% from 3Q 2024). Net income: JP¥4.78b (up 160% from 3Q 2024). Profit margin: 3.6% (up from 2.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% 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 33% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.분석 기사 • Jan 29ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 4th of June...공시 • Jan 29ARE Holdings, Inc. Provides Dividend Guidance for the Year Ending March 31, 2025ARE Holdings, Inc. provided dividend guidance for the year ending March 31, 2025. For the year, the company expected to pay dividend of JPY 40.00 per share compared to JPY 45.00 per share paid a year ago.분석 기사 • Jan 13ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 4th of June, with...분석 기사 • Dec 30ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 4th of June. This means...분석 기사 • Dec 13ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥40.00 on the 4th of June. The dividend yield of 4.7% is still a...공시 • Dec 13ARE Holdings, Inc. to Report Q3, 2025 Results on Jan 29, 2025ARE Holdings, Inc. announced that they will report Q3, 2025 results on Jan 29, 2025분석 기사 • Nov 26Why ARE Holdings' (TSE:5857) Earnings Are Better Than They SeemARE Holdings, Inc.'s ( TSE:5857 ) solid earnings announcement recently didn't do much to the stock price. We did some...분석 기사 • Nov 17ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 4th of June. The...Declared Dividend • Nov 16First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (161% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥44.58 (vs JP¥37.36 in 2Q 2024)Second quarter 2025 results: EPS: JP¥44.58 (up from JP¥37.36 in 2Q 2024). Revenue: JP¥148.1b (up 73% from 2Q 2024). Net income: JP¥3.41b (up 19% from 2Q 2024). Profit margin: 2.3% (down from 3.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 November 2024. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (4.3%).공시 • Aug 28ARE Holdings, Inc. to Report Q2, 2025 Results on Oct 30, 2024ARE Holdings, Inc. announced that they will report Q2, 2025 results on Oct 30, 2024Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥41.83 (vs JP¥31.26 in 1Q 2024)First quarter 2025 results: EPS: JP¥41.83 (up from JP¥31.26 in 1Q 2024). Revenue: JP¥92.3b (up 39% from 1Q 2024). Net income: JP¥3.20b (up 33% from 1Q 2024). Profit margin: 3.5% (in line with 1Q 2024). Revenue is forecast to grow 4.1% 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 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 18th November 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (145% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 155%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 155%. Revenue is forecast to stay flat during the next 2 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 44% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.공시 • Apr 26+ 1 more updateARE Holdings, Inc., Annual General Meeting, Jun 18, 2024ARE Holdings, Inc., Annual General Meeting, Jun 18, 2024.공시 • Apr 02Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857)Renatus Co.,Ltd agreed to acquire Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on October 26, 2023. As of March 31, 2023, Japan Waste Corporation reported net assets of ¥41.5 billion, total assets of ¥110 billion, net sales of ¥280 billion, operating profit of ¥17.4 billion, and net income of ¥12.7 billion. The agreement is expected to be signed in the End of February, 2024, and the deal is expected to be completed in the end of March, 2024. Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on March 31, 2024.분석 기사 • Mar 28ARE Holdings' (TSE:5857) Dividend Will Be ¥45.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 5th of June, with...공시 • Mar 27ARE Holdings, Inc. Announces Change of Corporate Officers, as of April 1,2024ARE Holdings, Inc. announced changes in Directors and Officers of the Company and Group Companies effective as of April 1,2024, it Newly appointed Yoshihito Iwasa also announced Hiroyuki Nakanishi and Shohei Yasuda is Retiring.Upcoming Dividend • Mar 21Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (3.5%).분석 기사 • Mar 13ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥45.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥45.00 per share on the 5th of June. This...공시 • Mar 02ARE Holdings, Inc. to Report Fiscal Year 2024 Results on Apr 25, 2024ARE Holdings, Inc. announced that they will report fiscal year 2024 results on Apr 25, 2024공시 • Feb 29ARE Holdings, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending in March 2024ARE Holdings, Inc. provided consolidated earnings guidance for the fiscal year ending in March 2024. The company announced that, as stated in the "Notice on Conclusion of Basic Agreement on Share Exchange between Japan Waste, Consolidated Subsidiary, and Renatus Co. Ltd." dated October 26, 2023, the Company concluded a basic agreement with Renatus Co. Ltd. (hereinafter "Renatus") and J-STAR NO.5-A, LP to conduct a share exchange (hereinafter the "Share Exchange") in which Renatus would become the wholly owning parent company, and consolidated subsidiary, Japan Waste Corporation (hereinafter "Japan Waste"), would become the wholly owned subsidiary company, as of the same day. Due to the Share Exchange, Japan Waste will be classified as discontinued operations from the fourth quarter of the fiscal year ending March 2024. The impact of the Share Exchange on the Company's consolidated financial performance for the fiscal year ending in March 2024 is expected to be the decreases in revenue and operating profit from continued operations by approximately JPY 16,500 million and JPY 3,200 million, respectively.분석 기사 • Feb 28ARE Holdings (TSE:5857) Has Affirmed Its Dividend Of ¥45.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥45.00 on the 5th of June. This makes the dividend yield 4.6...Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥23.98 (vs JP¥37.59 in 3Q 2023)Third quarter 2024 results: EPS: JP¥23.98 (down from JP¥37.59 in 3Q 2023). Revenue: JP¥83.2b (up 14% from 3Q 2023). Net income: JP¥1.84b (down 36% from 3Q 2023). Profit margin: 2.2% (down from 3.9% in 3Q 2023). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공시 • Feb 01+ 1 more updateAsahi Holdings, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Asahi Holdings, Inc. provided consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects revenue of JPY 290,000 million, operating profit of JPY 19,000 million and profit attributable to owners of parent of JPY 13,200 million or JPY 172.23 per basic share.공시 • Dec 30ARE Holdings, Inc. to Report Q3, 2024 Results on Jan 31, 2024ARE Holdings, Inc. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥37.36 (vs JP¥38.93 in 2Q 2023)Second quarter 2024 results: EPS: JP¥37.36 (down from JP¥38.93 in 2Q 2023). Revenue: JP¥85.4b (up 17% from 2Q 2023). Net income: JP¥2.86b (down 5.4% from 2Q 2023). Profit margin: 3.4% (down from 4.1% in 2Q 2023). Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 1.3%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Major Estimate Revision • Oct 28Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥260.0b to JP¥290.0b. EPS estimate fell from JP¥164 to JP¥147. Net income forecast to grow 29% next year vs 6.3% decline forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,600 unchanged from last update. Share price was steady at JP¥1,865 over the past week.Upcoming Dividend • Sep 21Upcoming dividend of JP¥45.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 20 November 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (3.2%).공시 • Aug 27ARE Holdings, Inc. to Report Q2, 2024 Results on Oct 26, 2023ARE Holdings, Inc. announced that they will report Q2, 2024 results on Oct 26, 2023New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin).Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥31.26 (vs JP¥54.27 in 1Q 2023)First quarter 2024 results: EPS: JP¥31.26 (down from JP¥54.27 in 1Q 2023). Revenue: JP¥66.5b (up 11% from 1Q 2023). Net income: JP¥2.40b (down 44% from 1Q 2023). Profit margin: 3.6% (down from 7.1% in 1Q 2023). Revenue is expected to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Jun 24Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to decline by 4.6% 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 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 31Asahi Holdings, Inc. to Report Q1, 2024 Results on Jul 27, 2023Asahi Holdings, Inc. announced that they will report Q1, 2024 results on Jul 27, 2023공시 • May 20Asahi Holdings, Inc. Announces Notice on the Change of DirectorsAsahi Holdings, Inc. announces that the Company has decided to submit a proposal for "Candidate for Director (excluding Directors who are Audit and Supervisory Committee Members)" and "Candidates for Directors who are Audit and Supervisory Committee Members" to the 14th Annual General Meeting of Shareholders to be convened on June 20, 2023. The Company also announces Directors and Officers of the Company and Group Companies scheduled to be appointed on June 20, 2023. Directors Planning to Retire (Scheduled on June 20, 2023). Name: Mitsuharu Terayama, Yuji Kimura, Kyoko Kanazawa. Current Position: Director and Chairman, Outside Director /Audit and Supervisory Committee Member, Outside Director /Audit and Supervisory Committee Member.Reported Earnings • Apr 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to decline by 5.1% p.a. on average during the next 2 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 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥45.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (4.6%).공시 • Feb 01+ 1 more updateAsahi Holdings, Inc. Provides Dividend Guidance for the Full Year Ending March 31, 2023Asahi Holdings, Inc. provides dividend guidance for the full year ending March 31, 2023. For the period, the company expects to pay JPY 45.00 against JPY 45.00 paid a year ago.Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥37.59 (vs JP¥49.77 in 3Q 2022)Third quarter 2023 results: EPS: JP¥37.59 (down from JP¥49.77 in 3Q 2022). Revenue: JP¥73.2b (up 54% from 3Q 2022). Net income: JP¥2.88b (down 26% from 3Q 2022). Profit margin: 3.9% (down from 8.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 1.6% 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 13% per year whereas the company’s share price has increased by 15% per year.공시 • Dec 17Asahi Holdings, Inc. to Report Q3, 2023 Results on Jan 31, 2023Asahi Holdings, Inc. announced that they will report Q3, 2023 results on Jan 31, 2023Price Target Changed • Nov 16Price target decreased to JP¥2,740Down from JP¥3,100, the current price target is an average from 2 analysts. New target price is 40% above last closing price of JP¥1,958. Stock is down 4.3% over the past year. The company is forecast to post earnings per share of JP¥204 for next year compared to JP¥238 last year.Major Estimate Revision • Nov 03Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥222.6b to JP¥270.0b. EPS estimate fell from JP¥215 to JP¥204. Net income forecast to grow 2.7% next year vs 16% decline forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price was steady at JP¥1,915 over the past week.Buying Opportunity • Nov 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be JP¥2,369, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 1.8% in 2 years. Earnings is forecast to grow by 14% in the next 2 years.Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥38.93 (vs JP¥61.09 in 2Q 2022)Second quarter 2023 results: EPS: JP¥38.93 (down from JP¥61.09 in 2Q 2022). Revenue: JP¥72.9b (up 57% from 2Q 2022). Net income: JP¥3.03b (down 37% from 2Q 2022). Profit margin: 4.1% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% 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 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.이익 및 매출 성장 예측TSE:5857 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029841,60032,7502,1004,30023/31/2028771,43331,0672004,70033/31/2027727,66729,900-60,300-50,10033/31/2026569,99224,441-108,534-99,385N/A12/31/2025517,89722,503-122,003-111,472N/A9/30/2025504,09318,564-55,833-45,564N/A6/30/2025551,03114,7614,53514,694N/A3/31/2025506,21114,3196,96314,685N/A12/31/2024471,91514,42927,59835,239N/A9/30/2024410,7149,8583,81113,365N/A6/30/2024351,9719,6822,14310,113N/A3/31/2024322,2538,5134,20412,621N/A12/31/2023321,7547,85214,47321,586N/A9/30/2023311,6928,89537,76442,711N/A6/30/2023299,2239,05736,42041,114N/A3/31/2023292,44910,92931,62436,754N/A12/31/2022253,78215,342-3,9213,582N/A9/30/2022228,23416,3751,8949,576N/A6/30/2022201,76718,1614,30012,962N/A3/31/2022192,44218,7352,34611,103N/A12/31/2021189,23027,331-13,661-7,611N/A9/30/2021182,51127,145-31,309-23,745N/A6/30/2021175,99426,935-40,309-34,107N/A3/31/2021164,77625,725-38,773-33,353N/A12/31/2020156,48815,838-21,316-15,256N/A9/30/2020153,70315,465-20,387-16,302N/A6/30/2020140,80013,016-69,592-65,381N/A3/31/2020135,56311,419-64,452-60,318N/A12/31/2019136,48310,269N/A-54,380N/A9/30/2019129,2758,646N/A-73,246N/A6/30/2019130,7248,662N/A-16,647N/A3/31/2019128,6699,000N/A-20,648N/A12/31/2018118,8948,370N/A-28,407N/A9/30/2018118,6889,674N/A-12,788N/A6/30/2018115,2359,446N/A-17,899N/A3/31/2018115,7979,416N/A-13,397N/A12/31/2017116,572529N/A-1,043N/A9/30/2017112,626-911N/A6,944N/A6/30/2017111,504-749N/A5,817N/A3/31/2017106,828-1,213N/A3,319N/A12/31/2016106,0966,493N/AN/AN/A9/30/2016108,5186,260N/A10,516N/A6/30/2016114,6635,472N/AN/AN/A3/31/2016118,4735,031N/A14,289N/A12/31/2015122,0235,325N/AN/AN/A9/30/2015121,4315,617N/A9,673N/A6/30/2015119,8125,825N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 5857 의 연간 예상 수익 증가율(7.8%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 5857 의 연간 수익(7.8%)이 JP 시장(8.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 5857 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 5857 의 수익(연간 11.3%)이 JP 시장(연간 5.4%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 5857 의 수익(연간 11.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 5857의 자본 수익률은 3년 후 12%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 17:42종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스ARE Holdings, Inc.는 8명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jiro KojimaDaiwa Securities Co. Ltd.Takashi WatanabeGoldman SachsKoichi HariyaIchiyoshi Research Institute Inc.5명의 분석가 더 보기
Major Estimate Revision • May 09Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥618.0b to JP¥671.0b. EPS estimate increased from JP¥287 to JP¥317 per share. Net income forecast to grow 11% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥4,400 unchanged from last update. Share price rose 16% to JP¥4,075 over the past week.
분석 기사 • Feb 06ARE Holdings, Inc. (TSE:5857) Just Reported And Analysts Have Been Lifting Their Price TargetsInvestors in ARE Holdings, Inc. ( TSE:5857 ) had a good week, as its shares rose 4.5% to close at JP¥3,795 following...
Major Estimate Revision • Nov 05Consensus EPS estimates increase by 38%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥213 to JP¥295. Revenue forecast unchanged at JP¥519.0b. Net income forecast to grow 21% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price rose 12% to JP¥2,560 over the past week.
Major Estimate Revision • Aug 06Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥485.5b to JP¥535.5b. EPS estimate increased from JP¥210 to JP¥213 per share. Net income forecast to grow 13% next year vs 0.5% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price fell 4.0% to JP¥1,893 over the past week.
분석 기사 • Aug 03Revenue Beat: ARE Holdings, Inc. Exceeded Revenue Forecasts By 25% And Analysts Are Updating Their EstimatesShareholders might have noticed that ARE Holdings, Inc. ( TSE:5857 ) filed its quarterly result this time last week...
Price Target Changed • May 01Price target increased by 14% to JP¥2,500Up from JP¥2,200, the current price target is provided by 1 analyst. New target price is 43% above last closing price of JP¥1,749. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥187 last year.
분석 기사 • May 15Bullish: Analysts Just Made A Notable Upgrade To Their ARE Holdings, Inc. (TSE:5857) ForecastsCelebrations may be in order for ARE Holdings, Inc. ( TSE:5857 ) shareholders, with the analysts delivering a...
Major Estimate Revision • May 09Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from JP¥618.0b to JP¥671.0b. EPS estimate increased from JP¥287 to JP¥317 per share. Net income forecast to grow 11% next year vs 8.8% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥4,400 unchanged from last update. Share price rose 16% to JP¥4,075 over the past week.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,075, 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 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,179 per share.
Reported Earnings • May 06Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥315 (up from JP¥187 in FY 2025). Revenue: JP¥570.0b (up 13% from FY 2025). Net income: JP¥24.4b (up 71% from FY 2025). Profit margin: 4.3% (up from 2.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
공시 • May 01ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026ARE Holdings, Inc., Annual General Meeting, Jun 16, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥65.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥3,825, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in Japan. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,077 per share.
New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change).
분석 기사 • Feb 10ARE Holdings' (TSE:5857) Earnings Are Weaker Than They SeemARE Holdings, Inc.'s ( TSE:5857 ) stock was strong after they recently reported robust earnings. However, we think that...
공시 • Feb 10ARE Holdings, Inc. to Report Fiscal Year 2026 Results on May 01, 2026ARE Holdings, Inc. announced that they will report fiscal year 2026 results on May 01, 2026
분석 기사 • Feb 09ARE Holdings (TSE:5857) Is Increasing Its Dividend To ¥65.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will be increasing its dividend from last year's comparable...
분석 기사 • Feb 06ARE Holdings, Inc. (TSE:5857) Just Reported And Analysts Have Been Lifting Their Price TargetsInvestors in ARE Holdings, Inc. ( TSE:5857 ) had a good week, as its shares rose 4.5% to close at JP¥3,795 following...
New Risk • Feb 05New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
분석 기사 • Jan 23Investor Optimism Abounds ARE Holdings, Inc. (TSE:5857) But Growth Is LackingIt's not a stretch to say that ARE Holdings, Inc.'s ( TSE:5857 ) price-to-earnings (or "P/E") ratio of 15.6x right now...
분석 기사 • Jan 08Here's Why We Think ARE Holdings (TSE:5857) Might Deserve Your Attention TodayIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
분석 기사 • Dec 07ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥60.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥60.00 per share on the 3rd...
공시 • Dec 05ARE Holdings, Inc. to Report Q3, 2026 Results on Feb 03, 2026ARE Holdings, Inc. announced that they will report Q3, 2026 results on Feb 03, 2026
분석 기사 • Nov 22ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥60.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥60.00 per share on 3rd of June. This will...
Declared Dividend • Nov 22First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 3rd June 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (17% 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 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Major Estimate Revision • Nov 05Consensus EPS estimates increase by 38%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥213 to JP¥295. Revenue forecast unchanged at JP¥519.0b. Net income forecast to grow 21% next year vs 11% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price rose 12% to JP¥2,560 over the past week.
Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥94.10 (vs JP¥44.58 in 2Q 2025)Second quarter 2026 results: EPS: JP¥94.10 (up from JP¥44.58 in 2Q 2025). Revenue: JP¥101.1b (down 32% from 2Q 2025). Net income: JP¥7.21b (up 112% from 2Q 2025). Profit margin: 7.1% (up from 2.3% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year.
분석 기사 • Oct 17ARE Holdings, Inc.'s (TSE:5857) Subdued P/E Might Signal An OpportunityARE Holdings, Inc.'s ( TSE:5857 ) price-to-earnings (or "P/E") ratio of 12.2x might make it look like a buy right now...
분석 기사 • Sep 27ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 17th...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 17 November 2025. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).
분석 기사 • Aug 06ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥40.00 on the 17th of November. This makes the dividend yield...
Major Estimate Revision • Aug 06Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥485.5b to JP¥535.5b. EPS estimate increased from JP¥210 to JP¥213 per share. Net income forecast to grow 13% next year vs 0.5% growth forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,500 unchanged from last update. Share price fell 4.0% to JP¥1,893 over the past week.
분석 기사 • Aug 04New Forecasts: Here's What Analysts Think The Future Holds For ARE Holdings, Inc. (TSE:5857)Shareholders in ARE Holdings, Inc. ( TSE:5857 ) may be thrilled to learn that the analysts have just delivered a major...
공시 • Aug 04ARE Holdings, Inc. to Report Q2, 2026 Results on Oct 29, 2025ARE Holdings, Inc. announced that they will report Q2, 2026 results on Oct 29, 2025
분석 기사 • Aug 03Revenue Beat: ARE Holdings, Inc. Exceeded Revenue Forecasts By 25% And Analysts Are Updating Their EstimatesShareholders might have noticed that ARE Holdings, Inc. ( TSE:5857 ) filed its quarterly result this time last week...
Reported Earnings • Jul 31First quarter 2026 earnings released: EPS: JP¥47.50 (vs JP¥41.83 in 1Q 2025)First quarter 2026 results: EPS: JP¥47.50 (up from JP¥41.83 in 1Q 2025). Revenue: JP¥137.1b (up 49% from 1Q 2025). Net income: JP¥3.64b (up 14% from 1Q 2025). Profit margin: 2.7% (down from 3.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.
분석 기사 • Jul 23ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 17th of November, with...
분석 기사 • Jul 09ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 17th of November. Based...
Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedDividend of JP¥40.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 17th November 2025 Dividend yield will be 4.2%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Jun 25We Think ARE Holdings' (TSE:5857) Profit Is Only A Baseline For What They Can AchieveARE Holdings, Inc. ( TSE:5857 ) just reported healthy earnings but the stock price didn't move much. We think that...
Reported Earnings • Jun 21Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥187 (up from JP¥111 in FY 2024). Revenue: JP¥506.2b (up 57% from FY 2024). Net income: JP¥14.3b (up 68% from FY 2024). Profit margin: 2.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.2%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jun 12Now 20% overvaluedOver the last 90 days, the stock has fallen 9.5% to JP¥1,786. The fair value is estimated to be JP¥1,488, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 7.5% per annum over the same time period.
Buy Or Sell Opportunity • May 26Now 20% overvaluedOver the last 90 days, the stock has fallen 5.3% to JP¥1,754. The fair value is estimated to be JP¥1,460, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 7.5% per annum over the same time period.
공시 • May 02ARE Holdings, Inc. to Report Q1, 2026 Results on Jul 30, 2025ARE Holdings, Inc. announced that they will report Q1, 2026 results on Jul 30, 2025
Price Target Changed • May 01Price target increased by 14% to JP¥2,500Up from JP¥2,200, the current price target is provided by 1 analyst. New target price is 43% above last closing price of JP¥1,749. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥210 for next year compared to JP¥187 last year.
분석 기사 • Apr 29Earnings Update: ARE Holdings, Inc. (TSE:5857) Just Reported Its Annual Results And Analysts Are Updating Their ForecastsARE Holdings, Inc. ( TSE:5857 ) shareholders are probably feeling a little disappointed, since its shares fell 8.5% to...
Reported Earnings • Apr 26Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: JP¥187 (up from JP¥111 in FY 2024). Revenue: JP¥506.2b (up 57% from FY 2024). Net income: JP¥14.3b (up 68% from FY 2024). Profit margin: 2.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 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 fallen by 15% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
공시 • Apr 25ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025ARE Holdings, Inc., Annual General Meeting, Jun 17, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,623, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Metals and Mining industry in Japan. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,141 per share.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (4.1%).
분석 기사 • Mar 06Here's Why ARE Holdings (TSE:5857) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Feb 13ARE Holdings (TSE:5857) Is Due To Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 4th of June. The...
공시 • Feb 12ARE Holdings, Inc. to Report Fiscal Year 2025 Results on Apr 25, 2025ARE Holdings, Inc. announced that they will report fiscal year 2025 results on Apr 25, 2025
Major Estimate Revision • Feb 05Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥480.0b to JP¥500.0b. EPS estimate increased from JP¥170 to JP¥196 per share. Net income forecast to grow 4.0% next year vs 9.2% growth forecast for Metals and Mining industry in Japan. Consensus price target up from JP¥2,200 to JP¥2,300. Share price rose 13% to JP¥1,890 over the past week.
Reported Earnings • Jan 30Third quarter 2025 earnings released: EPS: JP¥62.40 (vs JP¥23.97 in 3Q 2024)Third quarter 2025 results: EPS: JP¥62.40 (up from JP¥23.97 in 3Q 2024). Revenue: JP¥132.6b (up 59% from 3Q 2024). Net income: JP¥4.78b (up 160% from 3Q 2024). Profit margin: 3.6% (up from 2.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% 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 33% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
분석 기사 • Jan 29ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥40.00 per share on the 4th of June...
공시 • Jan 29ARE Holdings, Inc. Provides Dividend Guidance for the Year Ending March 31, 2025ARE Holdings, Inc. provided dividend guidance for the year ending March 31, 2025. For the year, the company expected to pay dividend of JPY 40.00 per share compared to JPY 45.00 per share paid a year ago.
분석 기사 • Jan 13ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 4th of June, with...
분석 기사 • Dec 30ARE Holdings (TSE:5857) Has Announced A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 4th of June. This means...
분석 기사 • Dec 13ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥40.00 on the 4th of June. The dividend yield of 4.7% is still a...
공시 • Dec 13ARE Holdings, Inc. to Report Q3, 2025 Results on Jan 29, 2025ARE Holdings, Inc. announced that they will report Q3, 2025 results on Jan 29, 2025
분석 기사 • Nov 26Why ARE Holdings' (TSE:5857) Earnings Are Better Than They SeemARE Holdings, Inc.'s ( TSE:5857 ) solid earnings announcement recently didn't do much to the stock price. We did some...
분석 기사 • Nov 17ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥40.00ARE Holdings, Inc.'s ( TSE:5857 ) investors are due to receive a payment of ¥40.00 per share on 4th of June. The...
Declared Dividend • Nov 16First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (161% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥44.58 (vs JP¥37.36 in 2Q 2024)Second quarter 2025 results: EPS: JP¥44.58 (up from JP¥37.36 in 2Q 2024). Revenue: JP¥148.1b (up 73% from 2Q 2024). Net income: JP¥3.41b (up 19% from 2Q 2024). Profit margin: 2.3% (down from 3.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 November 2024. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (4.3%).
공시 • Aug 28ARE Holdings, Inc. to Report Q2, 2025 Results on Oct 30, 2024ARE Holdings, Inc. announced that they will report Q2, 2025 results on Oct 30, 2024
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥41.83 (vs JP¥31.26 in 1Q 2024)First quarter 2025 results: EPS: JP¥41.83 (up from JP¥31.26 in 1Q 2024). Revenue: JP¥92.3b (up 39% from 1Q 2024). Net income: JP¥3.20b (up 33% from 1Q 2024). Profit margin: 3.5% (in line with 1Q 2024). Revenue is forecast to grow 4.1% 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 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 18th November 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (145% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 155%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥111 (down from JP¥141 in FY 2023). Revenue: JP¥322.3b (up 10% from FY 2023). Net income: JP¥8.51b (down 22% from FY 2023). Profit margin: 2.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 155%. Revenue is forecast to stay flat during the next 2 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 44% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
공시 • Apr 26+ 1 more updateARE Holdings, Inc., Annual General Meeting, Jun 18, 2024ARE Holdings, Inc., Annual General Meeting, Jun 18, 2024.
공시 • Apr 02Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857)Renatus Co.,Ltd agreed to acquire Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on October 26, 2023. As of March 31, 2023, Japan Waste Corporation reported net assets of ¥41.5 billion, total assets of ¥110 billion, net sales of ¥280 billion, operating profit of ¥17.4 billion, and net income of ¥12.7 billion. The agreement is expected to be signed in the End of February, 2024, and the deal is expected to be completed in the end of March, 2024. Renatus Co.,Ltd completed the acquisition of Japan Waste Corporation from ARE Holdings, Inc. (TSE:5857) on March 31, 2024.
분석 기사 • Mar 28ARE Holdings' (TSE:5857) Dividend Will Be ¥45.00The board of ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend on the 5th of June, with...
공시 • Mar 27ARE Holdings, Inc. Announces Change of Corporate Officers, as of April 1,2024ARE Holdings, Inc. announced changes in Directors and Officers of the Company and Group Companies effective as of April 1,2024, it Newly appointed Yoshihito Iwasa also announced Hiroyuki Nakanishi and Shohei Yasuda is Retiring.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (3.5%).
분석 기사 • Mar 13ARE Holdings (TSE:5857) Will Pay A Dividend Of ¥45.00ARE Holdings, Inc. ( TSE:5857 ) has announced that it will pay a dividend of ¥45.00 per share on the 5th of June. This...
공시 • Mar 02ARE Holdings, Inc. to Report Fiscal Year 2024 Results on Apr 25, 2024ARE Holdings, Inc. announced that they will report fiscal year 2024 results on Apr 25, 2024
공시 • Feb 29ARE Holdings, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending in March 2024ARE Holdings, Inc. provided consolidated earnings guidance for the fiscal year ending in March 2024. The company announced that, as stated in the "Notice on Conclusion of Basic Agreement on Share Exchange between Japan Waste, Consolidated Subsidiary, and Renatus Co. Ltd." dated October 26, 2023, the Company concluded a basic agreement with Renatus Co. Ltd. (hereinafter "Renatus") and J-STAR NO.5-A, LP to conduct a share exchange (hereinafter the "Share Exchange") in which Renatus would become the wholly owning parent company, and consolidated subsidiary, Japan Waste Corporation (hereinafter "Japan Waste"), would become the wholly owned subsidiary company, as of the same day. Due to the Share Exchange, Japan Waste will be classified as discontinued operations from the fourth quarter of the fiscal year ending March 2024. The impact of the Share Exchange on the Company's consolidated financial performance for the fiscal year ending in March 2024 is expected to be the decreases in revenue and operating profit from continued operations by approximately JPY 16,500 million and JPY 3,200 million, respectively.
분석 기사 • Feb 28ARE Holdings (TSE:5857) Has Affirmed Its Dividend Of ¥45.00ARE Holdings, Inc. ( TSE:5857 ) will pay a dividend of ¥45.00 on the 5th of June. This makes the dividend yield 4.6...
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥23.98 (vs JP¥37.59 in 3Q 2023)Third quarter 2024 results: EPS: JP¥23.98 (down from JP¥37.59 in 3Q 2023). Revenue: JP¥83.2b (up 14% from 3Q 2023). Net income: JP¥1.84b (down 36% from 3Q 2023). Profit margin: 2.2% (down from 3.9% in 3Q 2023). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공시 • Feb 01+ 1 more updateAsahi Holdings, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Asahi Holdings, Inc. provided consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects revenue of JPY 290,000 million, operating profit of JPY 19,000 million and profit attributable to owners of parent of JPY 13,200 million or JPY 172.23 per basic share.
공시 • Dec 30ARE Holdings, Inc. to Report Q3, 2024 Results on Jan 31, 2024ARE Holdings, Inc. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥37.36 (vs JP¥38.93 in 2Q 2023)Second quarter 2024 results: EPS: JP¥37.36 (down from JP¥38.93 in 2Q 2023). Revenue: JP¥85.4b (up 17% from 2Q 2023). Net income: JP¥2.86b (down 5.4% from 2Q 2023). Profit margin: 3.4% (down from 4.1% in 2Q 2023). Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 1.3%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Major Estimate Revision • Oct 28Consensus revenue estimates increase by 12%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥260.0b to JP¥290.0b. EPS estimate fell from JP¥164 to JP¥147. Net income forecast to grow 29% next year vs 6.3% decline forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,600 unchanged from last update. Share price was steady at JP¥1,865 over the past week.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥45.00 per share at 4.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 20 November 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (3.2%).
공시 • Aug 27ARE Holdings, Inc. to Report Q2, 2024 Results on Oct 26, 2023ARE Holdings, Inc. announced that they will report Q2, 2024 results on Oct 26, 2023
New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin).
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥31.26 (vs JP¥54.27 in 1Q 2023)First quarter 2024 results: EPS: JP¥31.26 (down from JP¥54.27 in 1Q 2023). Revenue: JP¥66.5b (up 11% from 1Q 2023). Net income: JP¥2.40b (down 44% from 1Q 2023). Profit margin: 3.6% (down from 7.1% in 1Q 2023). Revenue is expected to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Jun 24Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to decline by 4.6% 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 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 31Asahi Holdings, Inc. to Report Q1, 2024 Results on Jul 27, 2023Asahi Holdings, Inc. announced that they will report Q1, 2024 results on Jul 27, 2023
공시 • May 20Asahi Holdings, Inc. Announces Notice on the Change of DirectorsAsahi Holdings, Inc. announces that the Company has decided to submit a proposal for "Candidate for Director (excluding Directors who are Audit and Supervisory Committee Members)" and "Candidates for Directors who are Audit and Supervisory Committee Members" to the 14th Annual General Meeting of Shareholders to be convened on June 20, 2023. The Company also announces Directors and Officers of the Company and Group Companies scheduled to be appointed on June 20, 2023. Directors Planning to Retire (Scheduled on June 20, 2023). Name: Mitsuharu Terayama, Yuji Kimura, Kyoko Kanazawa. Current Position: Director and Chairman, Outside Director /Audit and Supervisory Committee Member, Outside Director /Audit and Supervisory Committee Member.
Reported Earnings • Apr 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥141 (down from JP¥238 in FY 2022). Revenue: JP¥292.4b (up 52% from FY 2022). Net income: JP¥10.9b (down 42% from FY 2022). Profit margin: 3.7% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to decline by 5.1% p.a. on average during the next 2 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 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥45.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (4.6%).
공시 • Feb 01+ 1 more updateAsahi Holdings, Inc. Provides Dividend Guidance for the Full Year Ending March 31, 2023Asahi Holdings, Inc. provides dividend guidance for the full year ending March 31, 2023. For the period, the company expects to pay JPY 45.00 against JPY 45.00 paid a year ago.
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥37.59 (vs JP¥49.77 in 3Q 2022)Third quarter 2023 results: EPS: JP¥37.59 (down from JP¥49.77 in 3Q 2022). Revenue: JP¥73.2b (up 54% from 3Q 2022). Net income: JP¥2.88b (down 26% from 3Q 2022). Profit margin: 3.9% (down from 8.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 1.6% 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 13% per year whereas the company’s share price has increased by 15% per year.
공시 • Dec 17Asahi Holdings, Inc. to Report Q3, 2023 Results on Jan 31, 2023Asahi Holdings, Inc. announced that they will report Q3, 2023 results on Jan 31, 2023
Price Target Changed • Nov 16Price target decreased to JP¥2,740Down from JP¥3,100, the current price target is an average from 2 analysts. New target price is 40% above last closing price of JP¥1,958. Stock is down 4.3% over the past year. The company is forecast to post earnings per share of JP¥204 for next year compared to JP¥238 last year.
Major Estimate Revision • Nov 03Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥222.6b to JP¥270.0b. EPS estimate fell from JP¥215 to JP¥204. Net income forecast to grow 2.7% next year vs 16% decline forecast for Metals and Mining industry in Japan. Consensus price target of JP¥2,740 unchanged from last update. Share price was steady at JP¥1,915 over the past week.
Buying Opportunity • Nov 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be JP¥2,369, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 1.8% in 2 years. Earnings is forecast to grow by 14% in the next 2 years.
Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥38.93 (vs JP¥61.09 in 2Q 2022)Second quarter 2023 results: EPS: JP¥38.93 (down from JP¥61.09 in 2Q 2022). Revenue: JP¥72.9b (up 57% from 2Q 2022). Net income: JP¥3.03b (down 37% from 2Q 2022). Profit margin: 4.1% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% 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 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.