View ValuationAOI Electronics 향후 성장Future 기준 점검 4/6AOI Electronics (는) 각각 연간 101.1% 및 12% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 101.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 1.6% 로 예상됩니다.핵심 정보101.1%이익 성장률101.09%EPS 성장률Semiconductor 이익 성장24.7%매출 성장률12.0%향후 자기자본이익률1.58%애널리스트 커버리지Low마지막 업데이트07 May 2026최근 향후 성장 업데이트Major Estimate Revision • Jul 30Consensus EPS estimates fall by 43%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥35.3b to JP¥37.0b. EPS estimate fell from JP¥61.61 to JP¥34.82 per share. Net income forecast to grow 119% next year vs 0.6% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,900 to JP¥2,300. Share price fell 5.2% to JP¥2,009 over the past week.Price Target Changed • Jul 16Price target increased by 13% to JP¥3,600Up from JP¥3,200, the current price target is provided by 1 analyst. New target price is 20% above last closing price of JP¥2,993. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥56.85 next year compared to a net loss per share of JP¥440 last year.Major Estimate Revision • May 10Consensus EPS estimates fall by 297%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥34.8b to JP¥33.3b. Losses expected to increase from JP¥105 per share to JP¥417. Semiconductor industry in Japan expected to see average net income growth of 17% next year. Consensus price target down from JP¥3,200 to JP¥3,000. Share price rose 10% to JP¥2,598 over the past week.Price Target Changed • May 10Price target decreased by 9.1% to JP¥3,000Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is 15% above last closing price of JP¥2,598. Stock is up 39% over the past year. The company is forecast to post a net loss per share of JP¥417 compared to earnings per share of JP¥1.17 last year.Major Estimate Revision • Jun 28Consensus EPS estimates fall by 67%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥37.1b to JP¥38.0b. EPS estimate fell from JP¥17.50 to JP¥5.80 per share. Net income forecast to grow 400% next year vs 11% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,400 to JP¥3,300. Share price was steady at JP¥1,859 over the past week.Major Estimate Revision • Mar 02Consensus EPS estimates fall by 77%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from JP¥39.4b to JP¥37.5b. EPS estimate also fell from JP¥95.00 per share to JP¥21.70 per share. Net income forecast to shrink 86% next year vs 6.0% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,500 to JP¥3,400. Share price rose 3.8% to JP¥1,840 over the past week.모든 업데이트 보기Recent updatesNew Risk • May 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.9% 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 Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).Reported Earnings • May 09Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥6.25 (down from JP¥15.89 in FY 2025). Revenue: JP¥38.3b (up 9.6% from FY 2025). Net income: JP¥70.0m (down 61% from FY 2025). Profit margin: 0.2% (down from 0.5% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 87%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공시 • May 08AOI Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026AOI Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026.공시 • Mar 31+ 2 more updatesAOI Electronics Co., Ltd. to Report Fiscal Year 2026 Results on May 08, 2026AOI Electronics Co., Ltd. announced that they will report fiscal year 2026 results on May 08, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.0%).Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥12.05 (vs JP¥26.97 in 3Q 2025)Third quarter 2026 results: EPS: JP¥12.05 (down from JP¥26.97 in 3Q 2025). Revenue: JP¥9.33b (up 7.8% from 3Q 2025). Net income: JP¥135.0m (down 55% from 3Q 2025). Profit margin: 1.4% (down from 3.5% in 3Q 2025). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Dec 02AOI Electronics Co., Ltd. to Report Q3, 2026 Results on Feb 04, 2026AOI Electronics Co., Ltd. announced that they will report Q3, 2026 results on Feb 04, 2026New Risk • Dec 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 287% Paying a dividend despite having no free cash flows. High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.7% average weekly change).Reported Earnings • Nov 01Second quarter 2026 earnings released: EPS: JP¥18.84 (vs JP¥5.63 in 2Q 2025)Second quarter 2026 results: EPS: JP¥18.84 (up from JP¥5.63 in 2Q 2025). Revenue: JP¥9.84b (up 8.3% from 2Q 2025). Net income: JP¥211.0m (up 235% from 2Q 2025). Profit margin: 2.1% (up from 0.7% in 2Q 2025). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.New Risk • Oct 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (5.6% average weekly change).분석 기사 • Oct 30Does AOI Electronics (TSE:6832) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.3%).분석 기사 • Sep 19AOI Electronics' (TSE:6832) Returns On Capital Not Reflecting Well On The BusinessIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...공시 • Sep 02AOI Electronics Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025AOI Electronics Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025분석 기사 • Aug 29AOI Electronics Co., Ltd. (TSE:6832) Doing What It Can To Lift SharesAOI Electronics Co., Ltd.'s ( TSE:6832 ) price-to-sales (or "P/S") ratio of 0.7x may look like a pretty appealing...Board Change • Aug 15Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Junko Hasimoto was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥18.13 (vs JP¥37.15 in 1Q 2025)First quarter 2026 results: EPS: JP¥18.13 (down from JP¥37.15 in 1Q 2025). Revenue: JP¥9.32b (up 8.8% from 1Q 2025). Net income: JP¥203.0m (down 51% from 1Q 2025). Profit margin: 2.2% (down from 4.9% in 1Q 2025). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Jul 30Consensus EPS estimates fall by 43%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥35.3b to JP¥37.0b. EPS estimate fell from JP¥61.61 to JP¥34.82 per share. Net income forecast to grow 119% next year vs 0.6% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,900 to JP¥2,300. Share price fell 5.2% to JP¥2,009 over the past week.공시 • Jun 06AOI Electronics Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025AOI Electronics Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025Reported Earnings • May 10Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥15.89 (up from JP¥440 loss in FY 2024). Revenue: JP¥35.0b (up 3.0% from FY 2024). Net income: JP¥178.0m (up JP¥5.44b from FY 2024). Profit margin: 0.5% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 76%. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.공시 • May 09AOI Electronics Co., Ltd., Annual General Meeting, Jun 26, 2025AOI Electronics Co., Ltd., Annual General Meeting, Jun 26, 2025.New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).분석 기사 • Apr 04These Return Metrics Don't Make AOI Electronics (TSE:6832) Look Too StrongWhen it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...Upcoming Dividend • Mar 21Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).공시 • Mar 05AOI Electronics Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025AOI Electronics Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025Reported Earnings • Feb 06Third quarter 2025 earnings released: EPS: JP¥26.97 (vs JP¥13.67 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.97 (up from JP¥13.67 loss in 3Q 2024). Revenue: JP¥8.65b (up 2.5% from 3Q 2024). Net income: JP¥302.0m (up JP¥466.0m from 3Q 2024). Profit margin: 3.5% (up from net loss in 3Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.New Risk • Jan 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (5.2% average weekly change).공시 • Dec 05AOI Electronics Co., Ltd. to Report Q3, 2025 Results on Feb 05, 2025AOI Electronics Co., Ltd. announced that they will report Q3, 2025 results on Feb 05, 2025Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥5.63 (vs JP¥24.00 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥5.63 (up from JP¥24.00 loss in 2Q 2024). Revenue: JP¥9.09b (up 3.8% from 2Q 2024). Net income: JP¥63.0m (up JP¥351.0m from 2Q 2024). Profit margin: 0.7% (up from net loss in 2Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.공시 • Sep 28AOI Electronics Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024AOI Electronics Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).New Risk • Aug 05New 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 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 Share price has been highly volatile over the past 3 months (8.6% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥37.15 (vs JP¥30.75 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥37.15 (up from JP¥30.75 loss in 1Q 2024). Revenue: JP¥8.57b (up 2.9% from 1Q 2024). Net income: JP¥416.0m (up JP¥785.0m from 1Q 2024). Profit margin: 4.9% (up from net loss in 1Q 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.Price Target Changed • Jul 16Price target increased by 13% to JP¥3,600Up from JP¥3,200, the current price target is provided by 1 analyst. New target price is 20% above last closing price of JP¥2,993. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥56.85 next year compared to a net loss per share of JP¥440 last year.Reported Earnings • May 12Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: JP¥440 loss per share (down from JP¥1.17 profit in FY 2023). Revenue: JP¥33.9b (down 8.8% from FY 2023). Net loss: JP¥5.26b (down JP¥5.27b from profit in FY 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.공시 • May 12AOI Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024AOI Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024.Major Estimate Revision • May 10Consensus EPS estimates fall by 297%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥34.8b to JP¥33.3b. Losses expected to increase from JP¥105 per share to JP¥417. Semiconductor industry in Japan expected to see average net income growth of 17% next year. Consensus price target down from JP¥3,200 to JP¥3,000. Share price rose 10% to JP¥2,598 over the past week.Price Target Changed • May 10Price target decreased by 9.1% to JP¥3,000Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is 15% above last closing price of JP¥2,598. Stock is up 39% over the past year. The company is forecast to post a net loss per share of JP¥417 compared to earnings per share of JP¥1.17 last year.분석 기사 • Apr 01Market Cool On AOI Electronics Co., Ltd.'s (TSE:6832) Revenues Pushing Shares 27% LowerAOI Electronics Co., Ltd. ( TSE:6832 ) shares have had a horrible month, losing 27% after a relatively good period...Upcoming Dividend • Mar 21Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.9%).공시 • Mar 15AOI Electronics Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024AOI Electronics Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Reported Earnings • Feb 04Third quarter 2024 earnings released: JP¥13.67 loss per share (vs JP¥7.58 loss in 3Q 2023)Third quarter 2024 results: JP¥13.67 loss per share (further deteriorated from JP¥7.58 loss in 3Q 2023). Revenue: JP¥8.44b (down 2.9% from 3Q 2023). Net loss: JP¥164.0m (loss widened 80% from 3Q 2023). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.New Risk • Dec 16New major risk - Revenue and earnings growthEarnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years.Reported Earnings • Oct 29Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: JP¥24.00 loss per share (down from JP¥22.75 profit in 2Q 2023). Revenue: JP¥8.75b (down 13% from 2Q 2023). Net loss: JP¥288.0m (down 206% from profit in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.New Risk • Oct 27New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 23% per year over the past 5 years.공시 • Oct 26AOI Electronics Co., Ltd. to Report Q3, 2024 Results on Feb 02, 2024AOI Electronics Co., Ltd. announced that they will report Q3, 2024 results on Feb 02, 2024Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).공시 • Aug 30AOI Electronics Co., Ltd. to Report Q2, 2024 Results on Oct 27, 2023AOI Electronics Co., Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023New Risk • Jul 31New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Jul 29First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: JP¥30.75 loss per share (down from JP¥58.26 profit in 1Q 2023). Revenue: JP¥8.33b (down 22% from 1Q 2023). Net loss: JP¥369.0m (down 153% from profit in 1Q 2023). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jun 28Consensus EPS estimates fall by 67%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥37.1b to JP¥38.0b. EPS estimate fell from JP¥17.50 to JP¥5.80 per share. Net income forecast to grow 400% next year vs 11% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,400 to JP¥3,300. Share price was steady at JP¥1,859 over the past week.공시 • Jun 09AOI Electronics Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023AOI Electronics Co., Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023공시 • May 13AOI Electronics Co., Ltd., Annual General Meeting, Jun 28, 2023AOI Electronics Co., Ltd., Annual General Meeting, Jun 28, 2023.Reported Earnings • May 12Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥1.17 (down from JP¥233 in FY 2022). Revenue: JP¥37.2b (down 14% from FY 2022). Net income: JP¥14.0m (down 100% from FY 2022). Profit margin: 0% (down from 6.5% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 94%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).Major Estimate Revision • Mar 02Consensus EPS estimates fall by 77%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from JP¥39.4b to JP¥37.5b. EPS estimate also fell from JP¥95.00 per share to JP¥21.70 per share. Net income forecast to shrink 86% next year vs 6.0% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,500 to JP¥3,400. Share price rose 3.8% to JP¥1,840 over the past week.Reported Earnings • Feb 04Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: JP¥7.58 loss per share (down from JP¥49.67 profit in 3Q 2022). Revenue: JP¥8.70b (down 18% from 3Q 2022). Net loss: JP¥91.0m (down 115% from profit in 3Q 2022). Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공시 • Nov 28AOI Electronics Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023AOI Electronics Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023Reported Earnings • Nov 18Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: JP¥22.75 (down from JP¥64.34 in 2Q 2022). Revenue: JP¥10.0b (down 11% from 2Q 2022). Net income: JP¥273.0m (down 65% from 2Q 2022). Profit margin: 2.7% (down from 6.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Noboru Kitayama 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.Reported Earnings • Oct 30Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: JP¥22.75 (down from JP¥64.34 in 2Q 2022). Revenue: JP¥10.0b (down 11% from 2Q 2022). Net income: JP¥273.0m (down 65% from 2Q 2022). Profit margin: 2.7% (down from 6.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.9%).공시 • Aug 31AOI Electronics Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022AOI Electronics Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥58.25 (vs JP¥56.26 in 1Q 2022)First quarter 2023 results: EPS: JP¥58.25 (up from JP¥56.26 in 1Q 2022). Revenue: JP¥10.6b (flat on 1Q 2022). Net income: JP¥699.0m (up 3.6% from 1Q 2022). Profit margin: 6.6% (up from 6.3% in 1Q 2022). Over the next year, revenue is forecast to grow 2.5%, compared to a 23% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Jul 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Noboru Kitayama 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.Major Estimate Revision • Jun 03Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥43.0b to JP¥43.8b. EPS estimate fell from JP¥198 to JP¥148 per share. Net income forecast to shrink 36% next year vs 7.8% growth forecast for Semiconductor industry in Japan . Consensus price target of JP¥3,500 unchanged from last update. Share price was steady at JP¥1,915 over the past week.공시 • Jun 01AOI Electronics Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022AOI Electronics Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022Reported Earnings • May 13Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥233 (up from JP¥87.84 in FY 2021). Revenue: JP¥43.3b (up 7.7% from FY 2021). Net income: JP¥2.80b (up 166% from FY 2021). Profit margin: 6.5% (up from 2.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Over the next year, revenue is forecast to stay flat compared to a 23% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • May 13AOI Electronics Co., Ltd., Annual General Meeting, Jun 28, 2022AOI Electronics Co., Ltd., Annual General Meeting, Jun 28, 2022.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Outside Director Noboru Kitayama was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 08AOI Electronics Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022AOI Electronics Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.9%).Reported Earnings • Jan 30Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥49.67 (up from JP¥25.84 in 3Q 2021). Revenue: JP¥10.5b (up 6.0% from 3Q 2021). Net income: JP¥596.0m (up 92% from 3Q 2021). Profit margin: 5.7% (up from 3.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 1.9%, compared to a 24% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Nov 27Consensus EPS estimates increase to JP¥203The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥41.2b to JP¥43.4b. EPS estimate increased from JP¥157 to JP¥203 per share. Net income forecast to grow 21% next year vs 20% growth forecast for Semiconductor industry in Japan. Consensus price target up from JP¥3,500 to JP¥3,600. Share price rose 2.5% to JP¥2,562 over the past week.Reported Earnings • Oct 31Second quarter 2022 earnings released: EPS JP¥64.34 (vs JP¥10.50 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥11.2b (up 21% from 2Q 2021). Net income: JP¥772.0m (up JP¥898.0m from 2Q 2021). Profit margin: 6.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.6%).Major Estimate Revision • Aug 06Consensus EPS estimates increase to JP¥157The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥40.0b to JP¥41.2b. EPS estimate increased from JP¥118 to JP¥157 per share. Net income forecast to grow 67% next year vs 35% growth forecast for Semiconductor industry in Japan. Consensus price target of JP¥3,500 unchanged from last update. Share price rose 3.2% to JP¥2,373 over the past week.Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥56.25 (vs JP¥47.25 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.7b (up 2.2% from 1Q 2021). Net income: JP¥675.0m (up 19% from 1Q 2021). Profit margin: 6.3% (up from 5.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • May 09Full year 2021 earnings released: EPS JP¥87.84 (vs JP¥150 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥40.3b (down 4.9% from FY 2020). Net income: JP¥1.05b (down 41% from FY 2020). Profit margin: 2.6% (down from 4.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.4%).Major Estimate Revision • Mar 06Analysts increase EPS estimates to JP¥70.80The 2021 consensus revenue estimate increased from JP¥38.2b to JP¥40.0b. The earnings per share estimate also received an upgrade from JP¥59.15 to JP¥70.80 for the same period. Net income is expected to grow by 79% next year compared to 28% growth forecast for the Semiconductor industry in Japan. The consensus price target of JP¥3,400 was unchanged from the last update. Share price stayed mostly flat at JP¥2,247 over the past week.공시 • Mar 04AOI Electronics Co., Ltd. to Report Fiscal Year 2021 Results on May 07, 2021AOI Electronics Co., Ltd. announced that they will report fiscal year 2021 results on May 07, 2021Is New 90 Day High Low • Feb 04New 90-day high: JP¥2,310The company is up 14% from its price of JP¥2,031 on 06 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,495 per share.Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥25.83 (vs JP¥61.09 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥9.95b (down 7.4% from 3Q 2020). Net income: JP¥310.0m (down 58% from 3Q 2020). Profit margin: 3.1% (down from 6.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 121%. Over the next year, revenue is expected to shrink by 4.7% compared to a 11% growth forecast for the Semiconductor industry in Japan.Is New 90 Day High Low • Dec 04New 90-day high: JP¥2,184The company is up 3.0% from its price of JP¥2,120 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,827 per share.Price Target Changed • Dec 01Price target lowered to JP¥3,400Down from JP¥3,700, the current price target is an average from 2 analysts. The new target price is 60% above the current share price of JP¥2,125. As of last close, the stock is down 15% over the past year.공시 • Nov 07AOI Electronics Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021AOI Electronics Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021이익 및 매출 성장 예측TSE:6832 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/202848,700670N/AN/A13/31/202743,100150N/AN/A13/31/202638,32370-10,692878N/A12/31/202537,156-54N/AN/AN/A9/30/202536,483113-9,416256N/A6/30/202535,725-35N/AN/AN/A3/31/202534,974178-2,4421,450N/A12/31/202434,726-3,658N/AN/AN/A9/30/202434,516-4,124-3691,827N/A6/30/202434,181-4,475N/AN/AN/A3/31/202433,941-5,260-2922,705N/A12/31/202333,394-1,688N/AN/AN/A9/30/202333,650-1,615-6543,530N/A6/30/202334,912-1,054N/AN/AN/A3/31/202337,23114-1743,588N/A12/31/202240,1961,636N/AN/AN/A9/30/202242,0432,3235172,723N/A6/30/202243,2692,822N/AN/AN/A3/31/202243,3472,7981,3044,031N/A12/31/202143,0142,346N/AN/AN/A9/30/202142,4192,0601,7044,353N/A6/30/202140,4991,162N/AN/AN/A3/31/202140,2651,0542,0474,575N/A12/31/202040,262581N/AN/AN/A9/30/202041,0601,0049855,019N/A6/30/202042,9911,949N/AN/AN/A3/31/202042,3421,798-5203,481N/A12/31/201941,1631,655N/AN/AN/A9/30/201940,9831,502N/A4,807N/A6/30/201941,7831,933N/AN/AN/A3/31/201942,7772,277N/A7,480N/A12/31/201844,1393,550N/A8,522N/A9/30/201844,7784,006N/A7,387N/A6/30/201844,8764,077N/A7,115N/A3/31/201845,6754,566N/A8,167N/A12/31/201746,2954,133N/A8,405N/A9/30/201746,4884,760N/A8,923N/A6/30/201745,6794,566N/A6,534N/A3/31/201744,8074,226N/A5,858N/A12/31/201643,3733,906N/A4,197N/A9/30/201640,9462,911N/A3,196N/A6/30/201640,5173,003N/A5,881N/A3/31/201640,3453,302N/A4,305N/A12/31/201541,0614,300N/A5,651N/A9/30/201542,6105,129N/A7,320N/A6/30/201543,1025,467N/A6,824N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 6832 의 연간 예상 수익 증가율(101.1%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 6832 의 연간 수익(101.1%)이 JP 시장(8.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 6832 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 6832 의 수익(연간 12%)이 JP 시장(연간 5.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 6832 의 수익(연간 12%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 6832의 자본 수익률은 3년 후 1.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 03:06종가2026/05/21 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스AOI Electronics Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Tatsuhiko IkedaDaiwa Securities Co. Ltd.Yoshinori IgawaMizuho Securities Co., Ltd.Yoshihito HasegawaMorgan Stanley
Major Estimate Revision • Jul 30Consensus EPS estimates fall by 43%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥35.3b to JP¥37.0b. EPS estimate fell from JP¥61.61 to JP¥34.82 per share. Net income forecast to grow 119% next year vs 0.6% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,900 to JP¥2,300. Share price fell 5.2% to JP¥2,009 over the past week.
Price Target Changed • Jul 16Price target increased by 13% to JP¥3,600Up from JP¥3,200, the current price target is provided by 1 analyst. New target price is 20% above last closing price of JP¥2,993. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥56.85 next year compared to a net loss per share of JP¥440 last year.
Major Estimate Revision • May 10Consensus EPS estimates fall by 297%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥34.8b to JP¥33.3b. Losses expected to increase from JP¥105 per share to JP¥417. Semiconductor industry in Japan expected to see average net income growth of 17% next year. Consensus price target down from JP¥3,200 to JP¥3,000. Share price rose 10% to JP¥2,598 over the past week.
Price Target Changed • May 10Price target decreased by 9.1% to JP¥3,000Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is 15% above last closing price of JP¥2,598. Stock is up 39% over the past year. The company is forecast to post a net loss per share of JP¥417 compared to earnings per share of JP¥1.17 last year.
Major Estimate Revision • Jun 28Consensus EPS estimates fall by 67%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥37.1b to JP¥38.0b. EPS estimate fell from JP¥17.50 to JP¥5.80 per share. Net income forecast to grow 400% next year vs 11% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,400 to JP¥3,300. Share price was steady at JP¥1,859 over the past week.
Major Estimate Revision • Mar 02Consensus EPS estimates fall by 77%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from JP¥39.4b to JP¥37.5b. EPS estimate also fell from JP¥95.00 per share to JP¥21.70 per share. Net income forecast to shrink 86% next year vs 6.0% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,500 to JP¥3,400. Share price rose 3.8% to JP¥1,840 over the past week.
New Risk • May 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.9% 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 Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).
Reported Earnings • May 09Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥6.25 (down from JP¥15.89 in FY 2025). Revenue: JP¥38.3b (up 9.6% from FY 2025). Net income: JP¥70.0m (down 61% from FY 2025). Profit margin: 0.2% (down from 0.5% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 87%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공시 • May 08AOI Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026AOI Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026.
공시 • Mar 31+ 2 more updatesAOI Electronics Co., Ltd. to Report Fiscal Year 2026 Results on May 08, 2026AOI Electronics Co., Ltd. announced that they will report fiscal year 2026 results on May 08, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.0%).
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥12.05 (vs JP¥26.97 in 3Q 2025)Third quarter 2026 results: EPS: JP¥12.05 (down from JP¥26.97 in 3Q 2025). Revenue: JP¥9.33b (up 7.8% from 3Q 2025). Net income: JP¥135.0m (down 55% from 3Q 2025). Profit margin: 1.4% (down from 3.5% in 3Q 2025). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Dec 02AOI Electronics Co., Ltd. to Report Q3, 2026 Results on Feb 04, 2026AOI Electronics Co., Ltd. announced that they will report Q3, 2026 results on Feb 04, 2026
New Risk • Dec 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 287% Paying a dividend despite having no free cash flows. High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.7% average weekly change).
Reported Earnings • Nov 01Second quarter 2026 earnings released: EPS: JP¥18.84 (vs JP¥5.63 in 2Q 2025)Second quarter 2026 results: EPS: JP¥18.84 (up from JP¥5.63 in 2Q 2025). Revenue: JP¥9.84b (up 8.3% from 2Q 2025). Net income: JP¥211.0m (up 235% from 2Q 2025). Profit margin: 2.1% (up from 0.7% in 2Q 2025). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
New Risk • Oct 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (5.6% average weekly change).
분석 기사 • Oct 30Does AOI Electronics (TSE:6832) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.3%).
분석 기사 • Sep 19AOI Electronics' (TSE:6832) Returns On Capital Not Reflecting Well On The BusinessIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
공시 • Sep 02AOI Electronics Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025AOI Electronics Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025
분석 기사 • Aug 29AOI Electronics Co., Ltd. (TSE:6832) Doing What It Can To Lift SharesAOI Electronics Co., Ltd.'s ( TSE:6832 ) price-to-sales (or "P/S") ratio of 0.7x may look like a pretty appealing...
Board Change • Aug 15Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Junko Hasimoto was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥18.13 (vs JP¥37.15 in 1Q 2025)First quarter 2026 results: EPS: JP¥18.13 (down from JP¥37.15 in 1Q 2025). Revenue: JP¥9.32b (up 8.8% from 1Q 2025). Net income: JP¥203.0m (down 51% from 1Q 2025). Profit margin: 2.2% (down from 4.9% in 1Q 2025). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Jul 30Consensus EPS estimates fall by 43%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥35.3b to JP¥37.0b. EPS estimate fell from JP¥61.61 to JP¥34.82 per share. Net income forecast to grow 119% next year vs 0.6% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,900 to JP¥2,300. Share price fell 5.2% to JP¥2,009 over the past week.
공시 • Jun 06AOI Electronics Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025AOI Electronics Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025
Reported Earnings • May 10Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥15.89 (up from JP¥440 loss in FY 2024). Revenue: JP¥35.0b (up 3.0% from FY 2024). Net income: JP¥178.0m (up JP¥5.44b from FY 2024). Profit margin: 0.5% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 76%. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
공시 • May 09AOI Electronics Co., Ltd., Annual General Meeting, Jun 26, 2025AOI Electronics Co., Ltd., Annual General Meeting, Jun 26, 2025.
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).
분석 기사 • Apr 04These Return Metrics Don't Make AOI Electronics (TSE:6832) Look Too StrongWhen it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%).
공시 • Mar 05AOI Electronics Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025AOI Electronics Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025
Reported Earnings • Feb 06Third quarter 2025 earnings released: EPS: JP¥26.97 (vs JP¥13.67 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥26.97 (up from JP¥13.67 loss in 3Q 2024). Revenue: JP¥8.65b (up 2.5% from 3Q 2024). Net income: JP¥302.0m (up JP¥466.0m from 3Q 2024). Profit margin: 3.5% (up from net loss in 3Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
New Risk • Jan 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (5.2% average weekly change).
공시 • Dec 05AOI Electronics Co., Ltd. to Report Q3, 2025 Results on Feb 05, 2025AOI Electronics Co., Ltd. announced that they will report Q3, 2025 results on Feb 05, 2025
Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥5.63 (vs JP¥24.00 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥5.63 (up from JP¥24.00 loss in 2Q 2024). Revenue: JP¥9.09b (up 3.8% from 2Q 2024). Net income: JP¥63.0m (up JP¥351.0m from 2Q 2024). Profit margin: 0.7% (up from net loss in 2Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
공시 • Sep 28AOI Electronics Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024AOI Electronics Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
New Risk • Aug 05New 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 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 Share price has been highly volatile over the past 3 months (8.6% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 04First quarter 2025 earnings released: EPS: JP¥37.15 (vs JP¥30.75 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥37.15 (up from JP¥30.75 loss in 1Q 2024). Revenue: JP¥8.57b (up 2.9% from 1Q 2024). Net income: JP¥416.0m (up JP¥785.0m from 1Q 2024). Profit margin: 4.9% (up from net loss in 1Q 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jul 16Price target increased by 13% to JP¥3,600Up from JP¥3,200, the current price target is provided by 1 analyst. New target price is 20% above last closing price of JP¥2,993. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥56.85 next year compared to a net loss per share of JP¥440 last year.
Reported Earnings • May 12Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: JP¥440 loss per share (down from JP¥1.17 profit in FY 2023). Revenue: JP¥33.9b (down 8.8% from FY 2023). Net loss: JP¥5.26b (down JP¥5.27b from profit in FY 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
공시 • May 12AOI Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024AOI Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024.
Major Estimate Revision • May 10Consensus EPS estimates fall by 297%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥34.8b to JP¥33.3b. Losses expected to increase from JP¥105 per share to JP¥417. Semiconductor industry in Japan expected to see average net income growth of 17% next year. Consensus price target down from JP¥3,200 to JP¥3,000. Share price rose 10% to JP¥2,598 over the past week.
Price Target Changed • May 10Price target decreased by 9.1% to JP¥3,000Down from JP¥3,300, the current price target is provided by 1 analyst. New target price is 15% above last closing price of JP¥2,598. Stock is up 39% over the past year. The company is forecast to post a net loss per share of JP¥417 compared to earnings per share of JP¥1.17 last year.
분석 기사 • Apr 01Market Cool On AOI Electronics Co., Ltd.'s (TSE:6832) Revenues Pushing Shares 27% LowerAOI Electronics Co., Ltd. ( TSE:6832 ) shares have had a horrible month, losing 27% after a relatively good period...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.9%).
공시 • Mar 15AOI Electronics Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024AOI Electronics Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Reported Earnings • Feb 04Third quarter 2024 earnings released: JP¥13.67 loss per share (vs JP¥7.58 loss in 3Q 2023)Third quarter 2024 results: JP¥13.67 loss per share (further deteriorated from JP¥7.58 loss in 3Q 2023). Revenue: JP¥8.44b (down 2.9% from 3Q 2023). Net loss: JP¥164.0m (loss widened 80% from 3Q 2023). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
New Risk • Dec 16New major risk - Revenue and earnings growthEarnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years.
Reported Earnings • Oct 29Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: JP¥24.00 loss per share (down from JP¥22.75 profit in 2Q 2023). Revenue: JP¥8.75b (down 13% from 2Q 2023). Net loss: JP¥288.0m (down 206% from profit in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
New Risk • Oct 27New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 23% per year over the past 5 years.
공시 • Oct 26AOI Electronics Co., Ltd. to Report Q3, 2024 Results on Feb 02, 2024AOI Electronics Co., Ltd. announced that they will report Q3, 2024 results on Feb 02, 2024
Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
공시 • Aug 30AOI Electronics Co., Ltd. to Report Q2, 2024 Results on Oct 27, 2023AOI Electronics Co., Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023
New Risk • Jul 31New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Jul 29First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: JP¥30.75 loss per share (down from JP¥58.26 profit in 1Q 2023). Revenue: JP¥8.33b (down 22% from 1Q 2023). Net loss: JP¥369.0m (down 153% from profit in 1Q 2023). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jun 28Consensus EPS estimates fall by 67%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from JP¥37.1b to JP¥38.0b. EPS estimate fell from JP¥17.50 to JP¥5.80 per share. Net income forecast to grow 400% next year vs 11% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,400 to JP¥3,300. Share price was steady at JP¥1,859 over the past week.
공시 • Jun 09AOI Electronics Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023AOI Electronics Co., Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023
공시 • May 13AOI Electronics Co., Ltd., Annual General Meeting, Jun 28, 2023AOI Electronics Co., Ltd., Annual General Meeting, Jun 28, 2023.
Reported Earnings • May 12Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥1.17 (down from JP¥233 in FY 2022). Revenue: JP¥37.2b (down 14% from FY 2022). Net income: JP¥14.0m (down 100% from FY 2022). Profit margin: 0% (down from 6.5% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 94%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).
Major Estimate Revision • Mar 02Consensus EPS estimates fall by 77%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from JP¥39.4b to JP¥37.5b. EPS estimate also fell from JP¥95.00 per share to JP¥21.70 per share. Net income forecast to shrink 86% next year vs 6.0% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥3,500 to JP¥3,400. Share price rose 3.8% to JP¥1,840 over the past week.
Reported Earnings • Feb 04Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: JP¥7.58 loss per share (down from JP¥49.67 profit in 3Q 2022). Revenue: JP¥8.70b (down 18% from 3Q 2022). Net loss: JP¥91.0m (down 115% from profit in 3Q 2022). Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공시 • Nov 28AOI Electronics Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023AOI Electronics Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023
Reported Earnings • Nov 18Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: JP¥22.75 (down from JP¥64.34 in 2Q 2022). Revenue: JP¥10.0b (down 11% from 2Q 2022). Net income: JP¥273.0m (down 65% from 2Q 2022). Profit margin: 2.7% (down from 6.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Noboru Kitayama 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.
Reported Earnings • Oct 30Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: JP¥22.75 (down from JP¥64.34 in 2Q 2022). Revenue: JP¥10.0b (down 11% from 2Q 2022). Net income: JP¥273.0m (down 65% from 2Q 2022). Profit margin: 2.7% (down from 6.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.9%).
공시 • Aug 31AOI Electronics Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022AOI Electronics Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥58.25 (vs JP¥56.26 in 1Q 2022)First quarter 2023 results: EPS: JP¥58.25 (up from JP¥56.26 in 1Q 2022). Revenue: JP¥10.6b (flat on 1Q 2022). Net income: JP¥699.0m (up 3.6% from 1Q 2022). Profit margin: 6.6% (up from 6.3% in 1Q 2022). Over the next year, revenue is forecast to grow 2.5%, compared to a 23% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Jul 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Noboru Kitayama 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.
Major Estimate Revision • Jun 03Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥43.0b to JP¥43.8b. EPS estimate fell from JP¥198 to JP¥148 per share. Net income forecast to shrink 36% next year vs 7.8% growth forecast for Semiconductor industry in Japan . Consensus price target of JP¥3,500 unchanged from last update. Share price was steady at JP¥1,915 over the past week.
공시 • Jun 01AOI Electronics Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022AOI Electronics Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022
Reported Earnings • May 13Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥233 (up from JP¥87.84 in FY 2021). Revenue: JP¥43.3b (up 7.7% from FY 2021). Net income: JP¥2.80b (up 166% from FY 2021). Profit margin: 6.5% (up from 2.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Over the next year, revenue is forecast to stay flat compared to a 23% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • May 13AOI Electronics Co., Ltd., Annual General Meeting, Jun 28, 2022AOI Electronics Co., Ltd., Annual General Meeting, Jun 28, 2022.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Outside Director Noboru Kitayama was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 08AOI Electronics Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022AOI Electronics Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.9%).
Reported Earnings • Jan 30Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥49.67 (up from JP¥25.84 in 3Q 2021). Revenue: JP¥10.5b (up 6.0% from 3Q 2021). Net income: JP¥596.0m (up 92% from 3Q 2021). Profit margin: 5.7% (up from 3.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 1.9%, compared to a 24% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Nov 27Consensus EPS estimates increase to JP¥203The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥41.2b to JP¥43.4b. EPS estimate increased from JP¥157 to JP¥203 per share. Net income forecast to grow 21% next year vs 20% growth forecast for Semiconductor industry in Japan. Consensus price target up from JP¥3,500 to JP¥3,600. Share price rose 2.5% to JP¥2,562 over the past week.
Reported Earnings • Oct 31Second quarter 2022 earnings released: EPS JP¥64.34 (vs JP¥10.50 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥11.2b (up 21% from 2Q 2021). Net income: JP¥772.0m (up JP¥898.0m from 2Q 2021). Profit margin: 6.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.6%).
Major Estimate Revision • Aug 06Consensus EPS estimates increase to JP¥157The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥40.0b to JP¥41.2b. EPS estimate increased from JP¥118 to JP¥157 per share. Net income forecast to grow 67% next year vs 35% growth forecast for Semiconductor industry in Japan. Consensus price target of JP¥3,500 unchanged from last update. Share price rose 3.2% to JP¥2,373 over the past week.
Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥56.25 (vs JP¥47.25 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.7b (up 2.2% from 1Q 2021). Net income: JP¥675.0m (up 19% from 1Q 2021). Profit margin: 6.3% (up from 5.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 09Full year 2021 earnings released: EPS JP¥87.84 (vs JP¥150 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥40.3b (down 4.9% from FY 2020). Net income: JP¥1.05b (down 41% from FY 2020). Profit margin: 2.6% (down from 4.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.4%).
Major Estimate Revision • Mar 06Analysts increase EPS estimates to JP¥70.80The 2021 consensus revenue estimate increased from JP¥38.2b to JP¥40.0b. The earnings per share estimate also received an upgrade from JP¥59.15 to JP¥70.80 for the same period. Net income is expected to grow by 79% next year compared to 28% growth forecast for the Semiconductor industry in Japan. The consensus price target of JP¥3,400 was unchanged from the last update. Share price stayed mostly flat at JP¥2,247 over the past week.
공시 • Mar 04AOI Electronics Co., Ltd. to Report Fiscal Year 2021 Results on May 07, 2021AOI Electronics Co., Ltd. announced that they will report fiscal year 2021 results on May 07, 2021
Is New 90 Day High Low • Feb 04New 90-day high: JP¥2,310The company is up 14% from its price of JP¥2,031 on 06 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,495 per share.
Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥25.83 (vs JP¥61.09 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥9.95b (down 7.4% from 3Q 2020). Net income: JP¥310.0m (down 58% from 3Q 2020). Profit margin: 3.1% (down from 6.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 121%. Over the next year, revenue is expected to shrink by 4.7% compared to a 11% growth forecast for the Semiconductor industry in Japan.
Is New 90 Day High Low • Dec 04New 90-day high: JP¥2,184The company is up 3.0% from its price of JP¥2,120 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,827 per share.
Price Target Changed • Dec 01Price target lowered to JP¥3,400Down from JP¥3,700, the current price target is an average from 2 analysts. The new target price is 60% above the current share price of JP¥2,125. As of last close, the stock is down 15% over the past year.
공시 • Nov 07AOI Electronics Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021AOI Electronics Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021