공시 • May 10
inspec Inc. to Report Fiscal Year 2026 Results on Jun 12, 2026 inspec Inc. announced that they will report fiscal year 2026 results on Jun 12, 2026 New Risk • Dec 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.6% 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 Risks Latest financial reports are more than 1 year old (reported January 2021 fiscal period end). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Market cap is less than US$100m (JP¥2.40b market cap, or US$15.4m). New Risk • Nov 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.9% 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 Risk Latest financial reports are more than 1 year old (reported January 2021 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥2.54b market cap, or US$16.4m). 공시 • Jun 13
inspec Inc., Annual General Meeting, Jul 25, 2025 inspec Inc., Annual General Meeting, Jul 25, 2025. 공시 • Apr 29
inspec Inc. to Report Fiscal Year 2025 Results on Jun 13, 2025 inspec Inc. announced that they will report fiscal year 2025 results on Jun 13, 2025 New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported January 2021 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (JP¥3.10b market cap, or US$20.0m). New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.3% 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 Risks Latest financial reports are more than 1 year old (reported January 2021 fiscal period end). Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Market cap is less than US$100m (JP¥3.18b market cap, or US$22.3m). 공시 • Jun 15
inspec Inc., Annual General Meeting, Jul 29, 2024 inspec Inc., Annual General Meeting, Jul 29, 2024. 공시 • Apr 14
inspec Inc. to Report Fiscal Year 2024 Results on Jun 14, 2024 inspec Inc. announced that they will report fiscal year 2024 results on Jun 14, 2024 공시 • Jun 10
inspec Inc., Annual General Meeting, Jul 28, 2023 inspec Inc., Annual General Meeting, Jul 28, 2023. Upcoming Dividend • Apr 20
Upcoming dividend of JP¥3.00 per share at 0.2% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 25 July 2023. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.3%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Audit & Supervisory Board Member Koji Fujita was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Nov 03
inspec Inc. Completes the Development of the New RD3000FB inspec Inc. announced that it has completed the development of the new RD3000FB series of roll-to-roll seamless direct imager systems, which are capable of seamlessly and simultaneously exposing both sides of long FPCs (Flexible Printed Circuits), which are increasingly being produced for in-car wiring in the rapidly growing electric vehicle field. Notes: Needs for long FPCs in the electric vehicle field in recent years, CO2 reduction has become an urgent issue as a countermeasure to the worsening global environment due to frequent abnormal weather events, etc. As one of the major measures, the spread of Battery Electric Vehicles (BEVs) is showing rapid growth. In line with this trend, production of long FPCs used inside electric vehicles will increase from around 2021, and orders and shipments of its "RA7400 series" roll-to-roll inspection systems for long FPCs are steadily increasing. On the other hand, FPC manufacturers have been producing these long FPCs with their existing facilities, including exposure systems. However, with the increase in volume, production capacity is approaching its limit, and the need for double-sided FPCs is increasing more than expected, making it particularly urgent to address the exposure process. To meet this need, it has been developing a roll-to-roll seamless direct imager system in cooperation with the Akita Industrial Technology Center and with the support of the Ministry of Economy, Trade and Industry and the NEDO subsidy program. Features of this product and its contribution to the market: The most significant feature of this "RD3000FB" is the world's first double-sided simultaneous exposure using the seamless continuous exposure method, which eliminates the need for the alignment process between the front and back surfaces, which has been a problem with conventional exposure systems. As a result, there is physically no misalignment between the front and back surfaces, no matter how long the exposure runs. In addition, the simultaneous exposure of the front and back surfaces doubles productivity and greatly reduces exposure costs. Real-time position correction, a feature of direct imager systems, is based on the same correction data for the front and back surfaces, and the system also realizes a function that allows each piece, the smallest unit of a product, to have its own unique 2D code exposed on both sides. As with the existing "RD3000" model, a semiconductor laser is used as the exposure light source, which significantly reduces equipment maintenance costs. 공시 • Jun 10
inspec Inc., Annual General Meeting, Jul 22, 2022 inspec Inc., Annual General Meeting, Jul 22, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Audit & Supervisory Board Member Koji Fujita was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 08
inspec Inc. to Report Fiscal Year 2022 Results on Jun 10, 2022 inspec Inc. announced that they will report fiscal year 2022 results on Jun 10, 2022 Upcoming Dividend • Apr 21
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 28 April 2021. Payment date: 29 July 2021. Trailing yield: 0.1%. Lower than top quartile of Japanese dividend payers (2.8%). Lower than average of industry peers (1.2%). 공시 • Apr 09
inspec Inc. announced that it has received ¥13.34601 million in funding On April 7, 2021, inspec Inc. (TSE:6656) closed the transaction. 공시 • Mar 23
inspec Inc. announced that it expects to receive ¥13.34601 million in funding inspec Inc. (TSE:6656) announced a private placement for 1,893 12th stock acquisition rights at ¥3,700 per right for gross proceeds of ¥7,004,100. 3,029 13th stock acquisition rights at ¥1,800 per right for gross proceeds of ¥5,452,200 and 1,893 14th stock acquisition rights at ¥470 per right for gross proceeds of ¥889,710 for aggregate gross proceeds of ¥13,346,010 on march 22, 2021. The transaction will include participation from Masafumi Sugawara, Representative Director and Representative Executive Officer of the Company, and Hayate Japan Unit Trust (hereinafter referred to as "Hayate's investment advisor") (hereinafter referred to as "Hayate". Together with Mr. Masashi Sugawara, it will be referred to as "planned allottees" below.), a foreign investment trust that is advised by institutional investor Hayate Investment Co., Ltd. The stock acquisition right is convertible into 12th Stock Acquisition Rights 189,300 Shares, 13th Stock Acquisition Rights 302,900 Shares, 14th Stock Acquisition Rights 189,300 Shares of the company at an exercise price of ¥ 2,239 for the 12th Stock Acquisition Rights, ¥ 2,463 for the 13th Stock Acquisition Rights, and ¥ 2,687 for the 14th Stock Acquisition Rights. . The company will issue securities through third party allotment method. The transaction has been approved by the board of directors of the company. Reported Earnings • Mar 07
Third quarter 2021 earnings released: JP¥236 loss per share (vs JP¥19.81 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: JP¥289.0m (down 8.0% from 3Q 2020). Net loss: JP¥896.0m (loss widened JP¥824.0m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Dec 18
New 90-day low: JP¥2,227 The company is down 20% from its price of JP¥2,800 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 37% over the same period. Reported Earnings • Dec 09
Second quarter 2021 earnings released: JP¥17.70 loss per share The company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥228.0m (down 56% from 2Q 2020). Net loss: JP¥67.0m (loss widened 253% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. 
