View Future GrowthAbalance 과거 순이익 실적과거 기준 점검 0/6Abalance의 수입은 연평균 -81%의 비율로 감소해 온 반면, Semiconductor 산업은 수입이 연평균 6% 증가했습니다. 매출은 연평균 53.6%의 비율로 감소해 왔습니다. Abalance의 자기자본이익률은 9.2%이고 순이익률은 1.3%입니다.핵심 정보-80.99%순이익 성장률-81.50%주당순이익(EPS) 성장률Semiconductor 산업 성장률26.92%매출 성장률-53.63%자기자본이익률9.18%순이익률1.31%최근 순이익 업데이트31 Mar 2025최근 과거 실적 업데이트공고 • May 09Abalance Corporation to Report Fiscal Year 2026 Results on May 15, 2026Abalance Corporation announced that they will report fiscal year 2026 results on May 15, 2026공고 • Dec 02Abalance Corporation to Report Q3, 2026 Results on Feb 13, 2026Abalance Corporation announced that they will report Q3, 2026 results on Feb 13, 2026공고 • Oct 17Abalance Corporation to Report Q2, 2026 Results on Nov 14, 2025Abalance Corporation announced that they will report Q2, 2026 results on Nov 14, 2025공고 • Jun 03Abalance Corporation to Report Q1, 2026 Results on Aug 14, 2025Abalance Corporation announced that they will report Q1, 2026 results on Aug 14, 2025Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥34.28 (vs JP¥106 in 3Q 2024)Third quarter 2025 results: EPS: JP¥34.28 (down from JP¥106 in 3Q 2024). Revenue: JP¥27.8b (down 41% from 3Q 2024). Net income: JP¥610.0m (down 67% from 3Q 2024). Profit margin: 2.2% (down from 3.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공고 • Mar 01Abalance Corporation to Report Fiscal Year 2025 Results on May 15, 2025Abalance Corporation announced that they will report fiscal year 2025 results on May 15, 2025모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥460, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 91% over the past three years.New Risk • Aug 06New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥6.25b market cap, or US$39.6m).Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥410, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total loss to shareholders of 95% over the past three years.New Risk • Jul 01New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended March 2025. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥9.70b market cap, or US$59.6m).공고 • May 27Abalance Corporation (TSE:3856) announces an Equity Buyback for 1,000,000 shares, representing 5.28% for ¥500 million.Abalance Corporation (TSE:3856) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.28% of its total shares outstanding (excluding treasury shares), for a total of ¥500 million. The purpose of repurchase program is to improve capital efficiency and implement a motivating capital policy that responds to changes in the business environment. The repurchase program is valid till December 31, 2026. As of March 31, 2026, the company had 18,950,642 issued shares and had 82,551 shares in treasury.공고 • May 09Abalance Corporation to Report Fiscal Year 2026 Results on May 15, 2026Abalance Corporation announced that they will report fiscal year 2026 results on May 15, 2026Board Change • Apr 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Outside Director Masaru Honma was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥521, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 25x in the Semiconductor industry in Japan. Total loss to shareholders of 95% over the past three years.New Risk • Mar 31New major risk - Revenue and earnings growthRevenue has declined by 54% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.1b market cap, or US$75.9m).Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥491, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 24x in the Semiconductor industry in Japan. Total loss to shareholders of 91% over the past three years.New Risk • Jan 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.0b market cap, or US$75.8m).Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥455, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • Dec 18Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥553, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total loss to shareholders of 78% over the past three years.분석 기사 • Dec 04Investors Give Abalance Corporation (TSE:3856) Shares A 26% HidingThe Abalance Corporation ( TSE:3856 ) share price has fared very poorly over the last month, falling by a substantial...공고 • Dec 02Abalance Corporation to Report Q3, 2026 Results on Feb 13, 2026Abalance Corporation announced that they will report Q3, 2026 results on Feb 13, 2026New Risk • Nov 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.4b (US$92.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥14.4b market cap, or US$92.8m).Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥756, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total loss to shareholders of 74% over the past three years.공고 • Oct 17Abalance Corporation to Report Q2, 2026 Results on Nov 14, 2025Abalance Corporation announced that they will report Q2, 2026 results on Nov 14, 2025분석 기사 • Oct 09Positive Sentiment Still Eludes Abalance Corporation (TSE:3856) Following 29% Share Price SlumpThe Abalance Corporation ( TSE:3856 ) share price has softened a substantial 29% over the previous 30 days, handing...Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,030, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 47% over the past three years.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,229, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 39% over the past three years.Board Change • Aug 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, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shigeto Yanase was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.분석 기사 • Aug 22Abalance Corporation (TSE:3856) Soars 61% But It's A Story Of Risk Vs RewardDespite an already strong run, Abalance Corporation ( TSE:3856 ) shares have been powering on, with a gain of 61% in...Board Change • Aug 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shigeto Yanase was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,044, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 16x in the Semiconductor industry in Japan. Total loss to shareholders of 48% over the past three years.분석 기사 • Jul 08Does Abalance (TSE:3856) 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...분석 기사 • Jul 08Abalance Corporation's (TSE:3856) Shares Leap 26% Yet They're Still Not Telling The Full StoryDespite an already strong run, Abalance Corporation ( TSE:3856 ) shares have been powering on, with a gain of 26% in...Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥731, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 52% over the past three years.공고 • Jun 03Abalance Corporation to Report Q1, 2026 Results on Aug 14, 2025Abalance Corporation announced that they will report Q1, 2026 results on Aug 14, 2025분석 기사 • May 23The Market Lifts Abalance Corporation (TSE:3856) Shares 28% But It Can Do MoreAbalance Corporation ( TSE:3856 ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥639, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 39% over the past three years.Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥34.28 (vs JP¥106 in 3Q 2024)Third quarter 2025 results: EPS: JP¥34.28 (down from JP¥106 in 3Q 2024). Revenue: JP¥27.8b (down 41% from 3Q 2024). Net income: JP¥610.0m (down 67% from 3Q 2024). Profit margin: 2.2% (down from 3.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공고 • May 16Abalance Corporation, Annual General Meeting, Jun 28, 2025Abalance Corporation, Annual General Meeting, Jun 28, 2025.공고 • Apr 29Abalance Corporation announced that it has received ¥490.07931 million in funding from Core Competence Corporation, DL Green Investments LPFOn April 28, 2025, Abalance Corporation closed the transaction.공고 • Apr 10Abalance Corporation announced that it expects to receive ¥490.07931 million in funding from Core Competence Corporation, DL Green Investments LPF and another investorAbalance Corporation announced a private placement to issue 408,700 common shares at issue price of ¥465 for gross proceeds of ¥190,045,500 and 693,800 common shares at issue price ¥432.45 for gross proceeds of ¥300,033,810 for aggregate proceeds of ¥490,079,310 on April 10, 2025. The transaction includes participation from Junsei Ryu for 322,600 shares, Core Competence Corporation for 86,100 shares and DL Green Investments LPF for 693,800 shares. The transaction will happen through third party allocation. The issue date will be April 28, 2025. The transaction has been approved at board of director meeting of the company. The company will bear issuance expenses of ¥10,000,000 and will receive net proceeds of ¥480,079,310. Junsei Ryu held 24.43% stake before offering and 24.71% stake after the offering. DL Green Investments LPF will hold 3.66% after the offering.New Risk • Apr 07New 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 7.9% 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 (7.9% average weekly change). Minor Risk Market cap is less than US$100m (JP¥7.94b market cap, or US$54.3m).분석 기사 • Apr 04Does Abalance (TSE:3856) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공고 • Mar 19Abalance Corporation Shs Common Shares to Be Deleted from OTC EquityAbalance Corporation Shs Common Shares (Japan) will be deleted from OTC Equity effective March 18, 2025, due to Inactive Security.공고 • Mar 01Abalance Corporation to Report Fiscal Year 2025 Results on May 15, 2025Abalance Corporation announced that they will report fiscal year 2025 results on May 15, 2025공고 • Feb 28+ 1 more updateAbalance Corporation Provides Earnings Guidance for the Fiscal Year Ending March 31, 2025Abalance Corporation provided earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects net sales of JPY 60,000 million, operating profit of JPY 5,100 million, profit attributable to owners of parent of JPY 1,000 million and basic earnings per share of JPY 56.20. Subject to the approval of the partial amendments to the Articles of Incorporation (change in fiscal year-end date) as proposed at the Extraordinary General Meeting of Shareholders scheduled for February 21, 2025, the company plan to change fiscal year-end from June 30 to March 31. Consequently, the fiscal year ending March 31, 2025, which will be a transitional period for the accounting term change, is planned to be a nine-month fiscal period from July 1, 2024 to March 31, 2025. As of today, since the Extraordinary General Meeting of Shareholders has not yet been held, items other than the consolidated financial result forecasts continue to be presented as "fiscal year ending June 30, 2025".분석 기사 • Feb 21Abalance's (TSE:3856) Soft Earnings Don't Show The Whole PictureThe market for Abalance Corporation's ( TSE:3856 ) shares didn't move much after it posted weak earnings recently. We...Reported Earnings • Feb 16Second quarter 2025 earnings released: EPS: JP¥52.04 (vs JP¥109 in 2Q 2024)Second quarter 2025 results: EPS: JP¥52.04 (down from JP¥109 in 2Q 2024). Revenue: JP¥24.0b (down 53% from 2Q 2024). Net income: JP¥926.0m (down 51% from 2Q 2024). Profit margin: 3.9% (up from 3.7% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 20Upcoming dividend of JP¥3.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 1.9% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).분석 기사 • Dec 06Abalance (TSE:3856) Is Paying Out A Dividend Of ¥3.00Abalance Corporation's ( TSE:3856 ) investors are due to receive a payment of ¥3.00 per share on 31st of March. This...공고 • Dec 03Abalance Corporation to Report Q2, 2025 Results on Feb 14, 2025Abalance Corporation announced that they will report Q2, 2025 results on Feb 14, 2025Reported Earnings • Dec 01First quarter 2025 earnings released: JP¥32.49 loss per share (vs JP¥101 profit in 1Q 2024)First quarter 2025 results: JP¥32.49 loss per share (down from JP¥101 profit in 1Q 2024). Revenue: JP¥21.7b (down 63% from 1Q 2024). Net loss: JP¥578.0m (down 133% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥963, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 25% over the past three years.New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥13.9b (US$89.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (JP¥13.9b market cap, or US$89.3m).Declared Dividend • Oct 16Final dividend of JP¥3.00 announcedDividend of JP¥3.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 0.4193%.Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥548 (vs JP¥293 in FY 2023)Full year 2024 results: EPS: JP¥548 (up from JP¥293 in FY 2023). Revenue: JP¥209.0b (down 2.9% from FY 2023). Net income: JP¥9.53b (up 92% from FY 2023). Profit margin: 4.6% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Outside Director Masaru Honma was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공고 • Sep 04Abalance Corporation Announces Dividend for the Fiscal Year Ended June 30, 2024, Payable on September 27, 2024Abalance Corporation announced dividend for the fiscal year ended June 30, 2024 of JPY 5.00 per share compared to JPY 5.00 per share a year ago. Scheduled date to commence dividend payments is September 27, 2024.분석 기사 • Sep 01Further Upside For Abalance Corporation (TSE:3856) Shares Could Introduce Price Risks After 31% BounceThose holding Abalance Corporation ( TSE:3856 ) shares would be relieved that the share price has rebounded 31% in the...공고 • Aug 27Abalance Corporation to Report Q1, 2025 Results on Nov 14, 2024Abalance Corporation announced that they will report Q1, 2025 results on Nov 14, 2024분석 기사 • Aug 21We Think Abalance's (TSE:3856) Solid Earnings Are UnderstatedAbalance Corporation ( TSE:3856 ) announced a healthy earnings result recently, and the market rewarded it with a...Reported Earnings • Aug 19Full year 2024 earnings released: EPS: JP¥548 (vs JP¥293 in FY 2023)Full year 2024 results: EPS: JP¥548 (up from JP¥293 in FY 2023). Revenue: JP¥209.0b (down 2.9% from FY 2023). Net income: JP¥9.53b (up 92% from FY 2023). Profit margin: 4.6% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공고 • Aug 15Abalance Corporation, Annual General Meeting, Sep 26, 2024Abalance Corporation, Annual General Meeting, Sep 26, 2024.New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks High level of debt (67% net debt to equity). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (JP¥14.5b market cap, or US$99.9m).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥817, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 59% over the past three years.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 30%After last week's 30% share price gain to JP¥1,602, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 22% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 1.3% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.1%).공고 • Jun 06Abalance Corporation to Report Fiscal Year 2024 Results on Aug 14, 2024Abalance Corporation announced that they will report fiscal year 2024 results on Aug 14, 2024Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,605, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 1.6% over the past three years.공고 • May 28Abalance Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2024Abalance Corporation provided consolidated earnings guidance for the year ending June 30, 2024. For the year, the company expects net sales of JPY 185,000 million, operating profit of JPY 20,600 million and profit attributable to owners of parent of JPY 8,000 million or JPY 461.49 per basic share.Reported Earnings • May 20Third quarter 2024 earnings released: EPS: JP¥106 (vs JP¥93.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥106 (up from JP¥93.95 in 3Q 2023). Revenue: JP¥47.1b (down 7.9% from 3Q 2023). Net income: JP¥1.83b (up 14% from 3Q 2023). Profit margin: 3.9% (up from 3.2% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.New Risk • May 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks High level of debt (60% net debt to equity). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,367, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 43% over the past three years.공고 • Apr 27Abalance Corporation announced that it expects to receive CAD 862.884 million in funding from Athos Capital LimitedAbalance Corporation announced a private placement of 440,000 common shares at a price of ¥1,961.1 per share for the gross proceeds of ¥862,884,000 on April 26, 2024. The transaction has been approved by the shareholders of the company and is expected to close on May 13, 2024. The transaction will include participation from new investor Athos Asia Event Driven Master Fund managed by Athos Capital Limited.분석 기사 • Apr 15Market Cool On Abalance Corporation's (TSE:3856) Earnings Pushing Shares 25% LowerTo the annoyance of some shareholders, Abalance Corporation ( TSE:3856 ) shares are down a considerable 25% in the last...분석 기사 • Apr 04Abalance (TSE:3856) Is Achieving High Returns On Its CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...공고 • Mar 29Abalance Corporation Announces Dividend for the Second Quarter End of Fiscal Year Ending June 30, 2024, Payable on March 29, 2024Abalance Corporation announced dividend for the second quarter end of Fiscal year ending June 30, 2024. For the period, the company announced dividend of JPY 3.00 per share against JPY 3.00 per share paid a year ago. Scheduled date to commence dividend payments: March 29, 2024.Declared Dividend • Mar 29First half dividend of JP¥5.00 announcedDividend of JP¥5.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 27th September 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 1%.공고 • Mar 29Abalance Corporation to Report Q3, 2024 Results on May 15, 2024Abalance Corporation announced that they will report Q3, 2024 results on May 15, 2024Reported Earnings • Mar 17Second quarter 2024 earnings released: EPS: JP¥109 (vs JP¥102 in 2Q 2023)Second quarter 2024 results: EPS: JP¥109 (up from JP¥102 in 2Q 2023). Revenue: JP¥50.8b (down 9.3% from 2Q 2023). Net income: JP¥1.89b (up 11% from 2Q 2023). Profit margin: 3.7% (up from 3.0% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,356, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 23x in the Semiconductor industry in Japan. Total returns to shareholders of 59% over the past three years.분석 기사 • Feb 27Market Cool On Abalance Corporation's (TSE:3856) Revenues Pushing Shares 27% LowerUnfortunately for some shareholders, the Abalance Corporation ( TSE:3856 ) share price has dived 27% in the last thirty...Valuation Update With 7 Day Price Move • Feb 15Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,217, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 25% over the past three years.Buy Or Sell Opportunity • Jan 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥2,759. The fair value is estimated to be JP¥3,497, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 85% over the last 3 years. Earnings per share has grown by 90%.Upcoming Dividend • Dec 21Upcoming dividend of JP¥5.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 March 2024. Payout ratio is a comfortable 2.1% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.2%).공고 • Nov 29Abalance Corporation Provides Earnings Guidance for the Fiscal Years Ending June 30, 2024Abalance Corporation provided earnings guidance for the fiscal years ending June 30, 2024. For the year, the company expected net sales of JPY 251,800 million and operating profit of JPY 15,800 million, Profit attributable to owners of parent of 7,000 and Basic earnings per share of 413.53.공고 • Nov 26Abalance Corporation to Report Q2, 2024 Results on Feb 14, 2024Abalance Corporation announced that they will report Q2, 2024 results on Feb 14, 2024Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: JP¥100 (vs JP¥31.95 in 1Q 2023)First quarter 2024 results: EPS: JP¥100 (up from JP¥31.95 in 1Q 2023). Revenue: JP¥57.7b (up 3.6% from 1Q 2023). Net income: JP¥1.74b (up 227% from 1Q 2023). Profit margin: 3.0% (up from 1.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥4,025, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 372% over the past three years.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,935, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 547% over the past three years.공고 • Sep 04Abalance Corporation to Report Q1, 2024 Results on Nov 14, 2023Abalance Corporation announced that they will report Q1, 2024 results on Nov 14, 2023Buying Opportunity • Aug 31Now 27% undervalued after recent price dropOver the last 90 days, the stock is down 60%. The fair value is estimated to be JP¥5,598, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 93% over the last 3 years. Earnings per share has grown by 87%. Revenue is forecast to grow by 61% in 2 years. Earnings is forecast to grow by 84% in the next 2 years.Reported Earnings • Aug 20Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥322 (up from JP¥52.77 in FY 2022). Revenue: JP¥217.4b (up 135% from FY 2022). Net income: JP¥5.45b (up JP¥4.58b from FY 2022). Profit margin: 2.5% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) exceeded analyst estimates by 7.0%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 198% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥7,280, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 2,529% over the past three years.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥8,830, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 2,786% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of JP¥3.00 per share at 0.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 2.4% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥9,890, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 5,038% over the past three years.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥10,300, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 4,960% over the past three years.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥7,990, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,044% over the past three years.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥9,310, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,987% over the past three years.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥7,440, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,379% over the past three years.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥6,250, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 3,072% over the past three years.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,515, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 1,861% over the past three years.Reported Earnings • Feb 16Second quarter 2023 earnings released: EPS: JP¥105 (vs JP¥3.16 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥105 (up from JP¥3.16 loss in 2Q 2022). Revenue: JP¥56.3b (up 234% from 2Q 2022). Net income: JP¥1.74b (up JP¥1.79b from 2Q 2022). Profit margin: 3.1% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 157% per year, which means it is tracking significantly ahead of earnings growth.공고 • Jan 13Abalance Corporation announced that it has received ¥1.3995912 billion in funding from Oasis Management Company Ltd., Catalyst Investment Group Co.,Ltd., Meiji Machine Co., Ltd., Aioi Nissay Dowa Insurance Co., Ltd., Ocean Links Ltd.On January 12, 2023, Abalance Corporation, closed the transaction. The transaction included participation from Oasis Investments II Master Fund Ltd. for 227,000 shares, Catalyst Investment Group Co.,Ltd. for 181,600 shares, Meiji Machine Co., Ltd. for 136,200 shares, Aioi Nissay Dowa Insurance Co., Ltd. for 45,400 shares, Ocean Links Ltd. for 45,400 shares.매출 및 비용 세부 내역Abalance가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:3856 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 2596,5561,2688,6846431 Dec 24146,0426,24314,78728930 Sep 24172,8877,20817,19828930 Jun 24208,9729,53018,66828931 Mar 24208,2176,67016,1497031 Dec 23212,2746,45214,8787030 Sep 23217,4786,25812,5417030 Jun 23215,2844,96511,7537031 Mar 23199,4763,8588,0787431 Dec 22177,3332,2154,0067430 Sep 22138,1764685,4697430 Jun 2292,1228063,4557431 Mar 2262,6966675,137031 Dec 2141,6709284,873030 Sep 2134,4701,1342,962030 Jun 2126,9015372,119031 Mar 2121,3417102,939031 Dec 2015,1915041,983030 Sep 206,7732971,232030 Jun 206,6782111,298031 Mar 205,991451,336031 Dec 195,7031081,273030 Sep 195,6742451,132030 Jun 195,9843161,126031 Mar 195,7442101,197031 Dec 186,0164611,073030 Sep 188,6851,0251,217030 Jun 187,3007561,125031 Mar 187,7356251,353031 Dec 178,3582641,466030 Sep 176,443-2451,3841230 Jun 176,495-1751,3181231 Mar 176,3871469591231 Dec 165,1142227361230 Sep 164,366146704030 Jun 164,539231690031 Mar 164,630248672031 Dec 154,7953026773030 Sep 154,64827264430양질의 수익: 3856의 비현금 수익 수준이 높습니다.이익 마진 증가: 3856의 현재 순 이익률 (1.3%)은 지난해 (3.2%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 지난 5년 동안 3856의 연간 수익 성장률이 양(+)이었는지 판단하기에 데이터가 부족합니다.성장 가속화: 3856은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 3856은 지난 1년 동안 수익이 감소(-81%)하여 Semiconductor 업계 평균(15.5%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 3856의 자본 수익률(9.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSemiconductors 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/21 07:52종가2026/08/21 00:00수익2025/03/31연간 수익2025/03/31데이터 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 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 소스Abalance Corporation는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Koichi HariyaIchiyoshi Research Institute Inc.
공고 • May 09Abalance Corporation to Report Fiscal Year 2026 Results on May 15, 2026Abalance Corporation announced that they will report fiscal year 2026 results on May 15, 2026
공고 • Dec 02Abalance Corporation to Report Q3, 2026 Results on Feb 13, 2026Abalance Corporation announced that they will report Q3, 2026 results on Feb 13, 2026
공고 • Oct 17Abalance Corporation to Report Q2, 2026 Results on Nov 14, 2025Abalance Corporation announced that they will report Q2, 2026 results on Nov 14, 2025
공고 • Jun 03Abalance Corporation to Report Q1, 2026 Results on Aug 14, 2025Abalance Corporation announced that they will report Q1, 2026 results on Aug 14, 2025
Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥34.28 (vs JP¥106 in 3Q 2024)Third quarter 2025 results: EPS: JP¥34.28 (down from JP¥106 in 3Q 2024). Revenue: JP¥27.8b (down 41% from 3Q 2024). Net income: JP¥610.0m (down 67% from 3Q 2024). Profit margin: 2.2% (down from 3.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공고 • Mar 01Abalance Corporation to Report Fiscal Year 2025 Results on May 15, 2025Abalance Corporation announced that they will report fiscal year 2025 results on May 15, 2025
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥460, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 91% over the past three years.
New Risk • Aug 06New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥6.25b market cap, or US$39.6m).
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥410, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total loss to shareholders of 95% over the past three years.
New Risk • Jul 01New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended March 2025. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥9.70b market cap, or US$59.6m).
공고 • May 27Abalance Corporation (TSE:3856) announces an Equity Buyback for 1,000,000 shares, representing 5.28% for ¥500 million.Abalance Corporation (TSE:3856) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.28% of its total shares outstanding (excluding treasury shares), for a total of ¥500 million. The purpose of repurchase program is to improve capital efficiency and implement a motivating capital policy that responds to changes in the business environment. The repurchase program is valid till December 31, 2026. As of March 31, 2026, the company had 18,950,642 issued shares and had 82,551 shares in treasury.
공고 • May 09Abalance Corporation to Report Fiscal Year 2026 Results on May 15, 2026Abalance Corporation announced that they will report fiscal year 2026 results on May 15, 2026
Board Change • Apr 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Outside Director Masaru Honma was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥521, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 25x in the Semiconductor industry in Japan. Total loss to shareholders of 95% over the past three years.
New Risk • Mar 31New major risk - Revenue and earnings growthRevenue has declined by 54% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue has declined by 54% over the past year. High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.1b market cap, or US$75.9m).
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥491, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 24x in the Semiconductor industry in Japan. Total loss to shareholders of 91% over the past three years.
New Risk • Jan 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥12.0b market cap, or US$75.8m).
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥455, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • Dec 18Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥553, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total loss to shareholders of 78% over the past three years.
분석 기사 • Dec 04Investors Give Abalance Corporation (TSE:3856) Shares A 26% HidingThe Abalance Corporation ( TSE:3856 ) share price has fared very poorly over the last month, falling by a substantial...
공고 • Dec 02Abalance Corporation to Report Q3, 2026 Results on Feb 13, 2026Abalance Corporation announced that they will report Q3, 2026 results on Feb 13, 2026
New Risk • Nov 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.4b (US$92.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥14.4b market cap, or US$92.8m).
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥756, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 20x in the Semiconductor industry in Japan. Total loss to shareholders of 74% over the past three years.
공고 • Oct 17Abalance Corporation to Report Q2, 2026 Results on Nov 14, 2025Abalance Corporation announced that they will report Q2, 2026 results on Nov 14, 2025
분석 기사 • Oct 09Positive Sentiment Still Eludes Abalance Corporation (TSE:3856) Following 29% Share Price SlumpThe Abalance Corporation ( TSE:3856 ) share price has softened a substantial 29% over the previous 30 days, handing...
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,030, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 17x in the Semiconductor industry in Japan. Total loss to shareholders of 47% over the past three years.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,229, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 39% over the past three years.
Board Change • Aug 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, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shigeto Yanase was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
분석 기사 • Aug 22Abalance Corporation (TSE:3856) Soars 61% But It's A Story Of Risk Vs RewardDespite an already strong run, Abalance Corporation ( TSE:3856 ) shares have been powering on, with a gain of 61% in...
Board Change • Aug 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shigeto Yanase was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,044, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 16x in the Semiconductor industry in Japan. Total loss to shareholders of 48% over the past three years.
분석 기사 • Jul 08Does Abalance (TSE:3856) 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...
분석 기사 • Jul 08Abalance Corporation's (TSE:3856) Shares Leap 26% Yet They're Still Not Telling The Full StoryDespite an already strong run, Abalance Corporation ( TSE:3856 ) shares have been powering on, with a gain of 26% in...
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥731, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 52% over the past three years.
공고 • Jun 03Abalance Corporation to Report Q1, 2026 Results on Aug 14, 2025Abalance Corporation announced that they will report Q1, 2026 results on Aug 14, 2025
분석 기사 • May 23The Market Lifts Abalance Corporation (TSE:3856) Shares 28% But It Can Do MoreAbalance Corporation ( TSE:3856 ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥639, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 39% over the past three years.
Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥34.28 (vs JP¥106 in 3Q 2024)Third quarter 2025 results: EPS: JP¥34.28 (down from JP¥106 in 3Q 2024). Revenue: JP¥27.8b (down 41% from 3Q 2024). Net income: JP¥610.0m (down 67% from 3Q 2024). Profit margin: 2.2% (down from 3.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공고 • May 16Abalance Corporation, Annual General Meeting, Jun 28, 2025Abalance Corporation, Annual General Meeting, Jun 28, 2025.
공고 • Apr 29Abalance Corporation announced that it has received ¥490.07931 million in funding from Core Competence Corporation, DL Green Investments LPFOn April 28, 2025, Abalance Corporation closed the transaction.
공고 • Apr 10Abalance Corporation announced that it expects to receive ¥490.07931 million in funding from Core Competence Corporation, DL Green Investments LPF and another investorAbalance Corporation announced a private placement to issue 408,700 common shares at issue price of ¥465 for gross proceeds of ¥190,045,500 and 693,800 common shares at issue price ¥432.45 for gross proceeds of ¥300,033,810 for aggregate proceeds of ¥490,079,310 on April 10, 2025. The transaction includes participation from Junsei Ryu for 322,600 shares, Core Competence Corporation for 86,100 shares and DL Green Investments LPF for 693,800 shares. The transaction will happen through third party allocation. The issue date will be April 28, 2025. The transaction has been approved at board of director meeting of the company. The company will bear issuance expenses of ¥10,000,000 and will receive net proceeds of ¥480,079,310. Junsei Ryu held 24.43% stake before offering and 24.71% stake after the offering. DL Green Investments LPF will hold 3.66% after the offering.
New Risk • Apr 07New 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 7.9% 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 (7.9% average weekly change). Minor Risk Market cap is less than US$100m (JP¥7.94b market cap, or US$54.3m).
분석 기사 • Apr 04Does Abalance (TSE:3856) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공고 • Mar 19Abalance Corporation Shs Common Shares to Be Deleted from OTC EquityAbalance Corporation Shs Common Shares (Japan) will be deleted from OTC Equity effective March 18, 2025, due to Inactive Security.
공고 • Mar 01Abalance Corporation to Report Fiscal Year 2025 Results on May 15, 2025Abalance Corporation announced that they will report fiscal year 2025 results on May 15, 2025
공고 • Feb 28+ 1 more updateAbalance Corporation Provides Earnings Guidance for the Fiscal Year Ending March 31, 2025Abalance Corporation provided earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects net sales of JPY 60,000 million, operating profit of JPY 5,100 million, profit attributable to owners of parent of JPY 1,000 million and basic earnings per share of JPY 56.20. Subject to the approval of the partial amendments to the Articles of Incorporation (change in fiscal year-end date) as proposed at the Extraordinary General Meeting of Shareholders scheduled for February 21, 2025, the company plan to change fiscal year-end from June 30 to March 31. Consequently, the fiscal year ending March 31, 2025, which will be a transitional period for the accounting term change, is planned to be a nine-month fiscal period from July 1, 2024 to March 31, 2025. As of today, since the Extraordinary General Meeting of Shareholders has not yet been held, items other than the consolidated financial result forecasts continue to be presented as "fiscal year ending June 30, 2025".
분석 기사 • Feb 21Abalance's (TSE:3856) Soft Earnings Don't Show The Whole PictureThe market for Abalance Corporation's ( TSE:3856 ) shares didn't move much after it posted weak earnings recently. We...
Reported Earnings • Feb 16Second quarter 2025 earnings released: EPS: JP¥52.04 (vs JP¥109 in 2Q 2024)Second quarter 2025 results: EPS: JP¥52.04 (down from JP¥109 in 2Q 2024). Revenue: JP¥24.0b (down 53% from 2Q 2024). Net income: JP¥926.0m (down 51% from 2Q 2024). Profit margin: 3.9% (up from 3.7% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥3.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 1.9% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%).
분석 기사 • Dec 06Abalance (TSE:3856) Is Paying Out A Dividend Of ¥3.00Abalance Corporation's ( TSE:3856 ) investors are due to receive a payment of ¥3.00 per share on 31st of March. This...
공고 • Dec 03Abalance Corporation to Report Q2, 2025 Results on Feb 14, 2025Abalance Corporation announced that they will report Q2, 2025 results on Feb 14, 2025
Reported Earnings • Dec 01First quarter 2025 earnings released: JP¥32.49 loss per share (vs JP¥101 profit in 1Q 2024)First quarter 2025 results: JP¥32.49 loss per share (down from JP¥101 profit in 1Q 2024). Revenue: JP¥21.7b (down 63% from 1Q 2024). Net loss: JP¥578.0m (down 133% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥963, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 25% over the past three years.
New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥13.9b (US$89.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (JP¥13.9b market cap, or US$89.3m).
Declared Dividend • Oct 16Final dividend of JP¥3.00 announcedDividend of JP¥3.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 0.4193%.
Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥548 (vs JP¥293 in FY 2023)Full year 2024 results: EPS: JP¥548 (up from JP¥293 in FY 2023). Revenue: JP¥209.0b (down 2.9% from FY 2023). Net income: JP¥9.53b (up 92% from FY 2023). Profit margin: 4.6% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Board Change • Oct 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Outside Director Masaru Honma was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공고 • Sep 04Abalance Corporation Announces Dividend for the Fiscal Year Ended June 30, 2024, Payable on September 27, 2024Abalance Corporation announced dividend for the fiscal year ended June 30, 2024 of JPY 5.00 per share compared to JPY 5.00 per share a year ago. Scheduled date to commence dividend payments is September 27, 2024.
분석 기사 • Sep 01Further Upside For Abalance Corporation (TSE:3856) Shares Could Introduce Price Risks After 31% BounceThose holding Abalance Corporation ( TSE:3856 ) shares would be relieved that the share price has rebounded 31% in the...
공고 • Aug 27Abalance Corporation to Report Q1, 2025 Results on Nov 14, 2024Abalance Corporation announced that they will report Q1, 2025 results on Nov 14, 2024
분석 기사 • Aug 21We Think Abalance's (TSE:3856) Solid Earnings Are UnderstatedAbalance Corporation ( TSE:3856 ) announced a healthy earnings result recently, and the market rewarded it with a...
Reported Earnings • Aug 19Full year 2024 earnings released: EPS: JP¥548 (vs JP¥293 in FY 2023)Full year 2024 results: EPS: JP¥548 (up from JP¥293 in FY 2023). Revenue: JP¥209.0b (down 2.9% from FY 2023). Net income: JP¥9.53b (up 92% from FY 2023). Profit margin: 4.6% (up from 2.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공고 • Aug 15Abalance Corporation, Annual General Meeting, Sep 26, 2024Abalance Corporation, Annual General Meeting, Sep 26, 2024.
New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks High level of debt (67% net debt to equity). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (JP¥14.5b market cap, or US$99.9m).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥817, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 15x in the Semiconductor industry in Japan. Total loss to shareholders of 59% over the past three years.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 30%After last week's 30% share price gain to JP¥1,602, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 22% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 1.3% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.1%).
공고 • Jun 06Abalance Corporation to Report Fiscal Year 2024 Results on Aug 14, 2024Abalance Corporation announced that they will report fiscal year 2024 results on Aug 14, 2024
Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,605, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 1.6% over the past three years.
공고 • May 28Abalance Corporation Provides Consolidated Earnings Guidance for the Year Ending June 30, 2024Abalance Corporation provided consolidated earnings guidance for the year ending June 30, 2024. For the year, the company expects net sales of JPY 185,000 million, operating profit of JPY 20,600 million and profit attributable to owners of parent of JPY 8,000 million or JPY 461.49 per basic share.
Reported Earnings • May 20Third quarter 2024 earnings released: EPS: JP¥106 (vs JP¥93.95 in 3Q 2023)Third quarter 2024 results: EPS: JP¥106 (up from JP¥93.95 in 3Q 2023). Revenue: JP¥47.1b (down 7.9% from 3Q 2023). Net income: JP¥1.83b (up 14% from 3Q 2023). Profit margin: 3.9% (up from 3.2% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
New Risk • May 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks High level of debt (60% net debt to equity). Shareholders have been diluted in the past year (2.6% increase in shares outstanding).
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥2,367, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 43% over the past three years.
공고 • Apr 27Abalance Corporation announced that it expects to receive CAD 862.884 million in funding from Athos Capital LimitedAbalance Corporation announced a private placement of 440,000 common shares at a price of ¥1,961.1 per share for the gross proceeds of ¥862,884,000 on April 26, 2024. The transaction has been approved by the shareholders of the company and is expected to close on May 13, 2024. The transaction will include participation from new investor Athos Asia Event Driven Master Fund managed by Athos Capital Limited.
분석 기사 • Apr 15Market Cool On Abalance Corporation's (TSE:3856) Earnings Pushing Shares 25% LowerTo the annoyance of some shareholders, Abalance Corporation ( TSE:3856 ) shares are down a considerable 25% in the last...
분석 기사 • Apr 04Abalance (TSE:3856) Is Achieving High Returns On Its CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
공고 • Mar 29Abalance Corporation Announces Dividend for the Second Quarter End of Fiscal Year Ending June 30, 2024, Payable on March 29, 2024Abalance Corporation announced dividend for the second quarter end of Fiscal year ending June 30, 2024. For the period, the company announced dividend of JPY 3.00 per share against JPY 3.00 per share paid a year ago. Scheduled date to commence dividend payments: March 29, 2024.
Declared Dividend • Mar 29First half dividend of JP¥5.00 announcedDividend of JP¥5.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 27th September 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 1%.
공고 • Mar 29Abalance Corporation to Report Q3, 2024 Results on May 15, 2024Abalance Corporation announced that they will report Q3, 2024 results on May 15, 2024
Reported Earnings • Mar 17Second quarter 2024 earnings released: EPS: JP¥109 (vs JP¥102 in 2Q 2023)Second quarter 2024 results: EPS: JP¥109 (up from JP¥102 in 2Q 2023). Revenue: JP¥50.8b (down 9.3% from 2Q 2023). Net income: JP¥1.89b (up 11% from 2Q 2023). Profit margin: 3.7% (up from 3.0% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,356, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 23x in the Semiconductor industry in Japan. Total returns to shareholders of 59% over the past three years.
분석 기사 • Feb 27Market Cool On Abalance Corporation's (TSE:3856) Revenues Pushing Shares 27% LowerUnfortunately for some shareholders, the Abalance Corporation ( TSE:3856 ) share price has dived 27% in the last thirty...
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,217, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 21x in the Semiconductor industry in Japan. Total returns to shareholders of 25% over the past three years.
Buy Or Sell Opportunity • Jan 29Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to JP¥2,759. The fair value is estimated to be JP¥3,497, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 85% over the last 3 years. Earnings per share has grown by 90%.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥5.00 per share at 0.2% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 March 2024. Payout ratio is a comfortable 2.1% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.2%).
공고 • Nov 29Abalance Corporation Provides Earnings Guidance for the Fiscal Years Ending June 30, 2024Abalance Corporation provided earnings guidance for the fiscal years ending June 30, 2024. For the year, the company expected net sales of JPY 251,800 million and operating profit of JPY 15,800 million, Profit attributable to owners of parent of 7,000 and Basic earnings per share of 413.53.
공고 • Nov 26Abalance Corporation to Report Q2, 2024 Results on Feb 14, 2024Abalance Corporation announced that they will report Q2, 2024 results on Feb 14, 2024
Reported Earnings • Nov 18First quarter 2024 earnings released: EPS: JP¥100 (vs JP¥31.95 in 1Q 2023)First quarter 2024 results: EPS: JP¥100 (up from JP¥31.95 in 1Q 2023). Revenue: JP¥57.7b (up 3.6% from 1Q 2023). Net income: JP¥1.74b (up 227% from 1Q 2023). Profit margin: 3.0% (up from 1.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥4,025, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 372% over the past three years.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,935, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 547% over the past three years.
공고 • Sep 04Abalance Corporation to Report Q1, 2024 Results on Nov 14, 2023Abalance Corporation announced that they will report Q1, 2024 results on Nov 14, 2023
Buying Opportunity • Aug 31Now 27% undervalued after recent price dropOver the last 90 days, the stock is down 60%. The fair value is estimated to be JP¥5,598, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 93% over the last 3 years. Earnings per share has grown by 87%. Revenue is forecast to grow by 61% in 2 years. Earnings is forecast to grow by 84% in the next 2 years.
Reported Earnings • Aug 20Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥322 (up from JP¥52.77 in FY 2022). Revenue: JP¥217.4b (up 135% from FY 2022). Net income: JP¥5.45b (up JP¥4.58b from FY 2022). Profit margin: 2.5% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) exceeded analyst estimates by 7.0%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 198% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥7,280, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 2,529% over the past three years.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥8,830, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 2,786% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥3.00 per share at 0.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 2.4% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥9,890, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 5,038% over the past three years.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥10,300, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 4,960% over the past three years.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥7,990, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,044% over the past three years.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥9,310, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,987% over the past three years.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥7,440, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 4,379% over the past three years.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥6,250, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 3,072% over the past three years.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,515, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 1,861% over the past three years.
Reported Earnings • Feb 16Second quarter 2023 earnings released: EPS: JP¥105 (vs JP¥3.16 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥105 (up from JP¥3.16 loss in 2Q 2022). Revenue: JP¥56.3b (up 234% from 2Q 2022). Net income: JP¥1.74b (up JP¥1.79b from 2Q 2022). Profit margin: 3.1% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 157% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Jan 13Abalance Corporation announced that it has received ¥1.3995912 billion in funding from Oasis Management Company Ltd., Catalyst Investment Group Co.,Ltd., Meiji Machine Co., Ltd., Aioi Nissay Dowa Insurance Co., Ltd., Ocean Links Ltd.On January 12, 2023, Abalance Corporation, closed the transaction. The transaction included participation from Oasis Investments II Master Fund Ltd. for 227,000 shares, Catalyst Investment Group Co.,Ltd. for 181,600 shares, Meiji Machine Co., Ltd. for 136,200 shares, Aioi Nissay Dowa Insurance Co., Ltd. for 45,400 shares, Ocean Links Ltd. for 45,400 shares.