View Future GrowthHibino 과거 순이익 실적과거 기준 점검 6/6Hibino은 연평균 48.5%의 비율로 수입이 증가해 온 반면, Electronic 산업은 수입이 9.1% 증가했습니다. 매출은 연평균 14%의 비율로 증가했습니다. Hibino의 자기자본이익률은 21.1%이고 순이익률은 4.5%입니다.핵심 정보48.47%순이익 성장률48.42%주당순이익(EPS) 성장률Electronic 산업 성장률13.80%매출 성장률14.05%자기자본이익률21.11%순이익률4.52%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트분석 기사 • 3hSolid Earnings Reflect Hibino's (TSE:2469) Strength As A BusinessEven though Hibino Corporation ( TSE:2469 ) posted strong earnings, investors appeared to be underwhelmed. We have done...Reported Earnings • May 18Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥308 (up from JP¥173 in FY 2025). Revenue: JP¥67.6b (up 14% from FY 2025). Net income: JP¥3.05b (up 77% from FY 2025). Profit margin: 4.5% (up from 2.9% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.0%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.공시 • May 09Hibino Corporation to Report Fiscal Year 2026 Results on May 14, 2026Hibino Corporation announced that they will report fiscal year 2026 results on May 14, 2026Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥128 (vs JP¥63.52 in 3Q 2025)Third quarter 2026 results: EPS: JP¥128 (up from JP¥63.52 in 3Q 2025). Revenue: JP¥17.3b (up 19% from 3Q 2025). Net income: JP¥1.27b (up 101% from 3Q 2025). Profit margin: 7.3% (up from 4.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 20We Like The Quality Of Hibino's (TSE:2469) EarningsThe market seemed underwhelmed by last week's earnings announcement from Hibino Corporation ( TSE:2469 ) despite the...Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥82.76 (vs JP¥61.22 in 2Q 2025)Second quarter 2026 results: EPS: JP¥82.76 (up from JP¥61.22 in 2Q 2025). Revenue: JP¥17.5b (up 15% from 2Q 2025). Net income: JP¥821.0m (up 35% from 2Q 2025). Profit margin: 4.7% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updates분석 기사 • 3hSolid Earnings Reflect Hibino's (TSE:2469) Strength As A BusinessEven though Hibino Corporation ( TSE:2469 ) posted strong earnings, investors appeared to be underwhelmed. We have done...Reported Earnings • May 18Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥308 (up from JP¥173 in FY 2025). Revenue: JP¥67.6b (up 14% from FY 2025). Net income: JP¥3.05b (up 77% from FY 2025). Profit margin: 4.5% (up from 2.9% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.0%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.분석 기사 • May 18What Is Hibino Corporation's (TSE:2469) Share Price Doing?While Hibino Corporation ( TSE:2469 ) might not have the largest market cap around , it received a lot of attention...New Risk • May 15New 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 7.4% 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: Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,887, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,688 per share.공시 • May 14Hibino Corporation, Annual General Meeting, Jun 24, 2026Hibino Corporation, Annual General Meeting, Jun 24, 2026.공시 • May 09Hibino Corporation to Report Fiscal Year 2026 Results on May 14, 2026Hibino Corporation announced that they will report fiscal year 2026 results on May 14, 2026공시 • Apr 30Hibino Corporation (TSE:2469) agreed to acquire an unknown minority stake in Sonora Technology Co., Ltd. from WM Growth No. 4 Investment Limited Partnership fund managed by WM PARTNERS Co., Ltd.Hibino Corporation (TSE:2469) agreed to acquire an unknown minority stake in Sonora Technology Co., Ltd. from WM Growth No. 4 Investment Limited Partnership fund managed by WM PARTNERS Co., Ltd. on April 28, 2026. The expected completion of the transaction is May 29, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).공시 • Feb 26Hibino Corporation (TSE:2469) entered into a share transfer agreement to acquire Ascent Co., Ltd. from Kenji Kigoshi for ¥500 million.Hibino Corporation (TSE:2469) entered into a share transfer agreement to acquire Ascent Co., Ltd. from Kenji Kigoshi for ¥500 million on February 25, 2026. A cash consideration of ¥500 million will be paid by Hibino Corporation. As part of consideration, ¥500 million is paid towards common equity of Ascent Co., Ltd. For the period ending May 31, 2025, Ascent Co., Ltd. reported total revenue of ¥2.36 billion, EBIT of ¥119 million and net income of ¥70 million. As of May 31, 2025, Ascent Co., Ltd. reported total assets of ¥1.6 billion and total common equity of ¥224 million. The expected completion of the transaction is April 1, 2026.Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥128 (vs JP¥63.52 in 3Q 2025)Third quarter 2026 results: EPS: JP¥128 (up from JP¥63.52 in 3Q 2025). Revenue: JP¥17.3b (up 19% from 3Q 2025). Net income: JP¥1.27b (up 101% from 3Q 2025). Profit margin: 7.3% (up from 4.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 20We Like The Quality Of Hibino's (TSE:2469) EarningsThe market seemed underwhelmed by last week's earnings announcement from Hibino Corporation ( TSE:2469 ) despite the...분석 기사 • Nov 13Earnings Release: Here's Why Analysts Cut Their Hibino Corporation (TSE:2469) Price Target To JP¥3,700As you might know, Hibino Corporation ( TSE:2469 ) recently reported its half-yearly numbers. Results were roughly in...Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥82.76 (vs JP¥61.22 in 2Q 2025)Second quarter 2026 results: EPS: JP¥82.76 (up from JP¥61.22 in 2Q 2025). Revenue: JP¥17.5b (up 15% from 2Q 2025). Net income: JP¥821.0m (up 35% from 2Q 2025). Profit margin: 4.7% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.공시 • Sep 30Hibino Corporation to Report Q2, 2026 Results on Nov 10, 2025Hibino Corporation announced that they will report Q2, 2026 results on Nov 10, 2025Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥50.74 (vs JP¥17.33 in 1Q 2025)First quarter 2026 results: EPS: JP¥50.74 (up from JP¥17.33 in 1Q 2025). Revenue: JP¥13.9b (up 19% from 1Q 2025). Net income: JP¥504.0m (up 193% from 1Q 2025). Profit margin: 3.6% (up from 1.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.공시 • Jul 18Hibino Corporation to Report Q1, 2026 Results on Aug 08, 2025Hibino Corporation announced that they will report Q1, 2026 results on Aug 08, 2025Reported Earnings • Jun 29Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥173 (up from JP¥164 in FY 2024). Revenue: JP¥59.5b (up 18% from FY 2024). Net income: JP¥1.72b (up 5.8% from FY 2024). Profit margin: 2.9% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공시 • May 25Hibino Corporation (TSE:2469) announces an Equity Buyback for 50,000 shares, representing 0.5% for ¥110 million.Hibino Corporation (TSE:2469) announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 0.5% of the outstanding shares for ¥110 million. The purpose of the program is to strengthen shareholder returns and improve capital efficiency, while also implementing flexible capital policies in response to the business environment. The program will run until September 30, 2025. As of May 23, 2025, the company had 9,934,272 shares outstanding and 331,208 shares in treasury.Major Estimate Revision • May 23Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥317 to JP¥252. Revenue forecast unchanged from JP¥67.0b at last update. Net income forecast to grow 45% next year vs 10% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥4,000 to JP¥3,700. Share price was steady at JP¥2,188 over the past week.Price Target Changed • May 23Price target decreased by 7.5% to JP¥3,700Down from JP¥4,000, the current price target is provided by 1 analyst. New target price is 69% above last closing price of JP¥2,188. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of JP¥252 for next year compared to JP¥173 last year.분석 기사 • May 21Hibino's (TSE:2469) Earnings Offer More Than Meets The EyeThe stock was sluggish on the back of Hibino Corporation's ( TSE:2469 ) recent earnings report. Our analysis suggests...Reported Earnings • May 19Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥173 (up from JP¥164 in FY 2024). Revenue: JP¥59.5b (up 18% from FY 2024). Net income: JP¥1.72b (up 5.8% from FY 2024). Profit margin: 2.9% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공시 • May 14Hibino Corporation, Annual General Meeting, Jun 25, 2025Hibino Corporation, Annual General Meeting, Jun 25, 2025.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,247, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 50% over the past three years.분석 기사 • Apr 07Positive Sentiment Still Eludes Hibino Corporation (TSE:2469) Following 34% Share Price SlumpHibino Corporation ( TSE:2469 ) shareholders that were waiting for something to happen have been dealt a blow with a...Valuation Update With 7 Day Price Move • Apr 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,255, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 50% over the past three years.공시 • Mar 26Hibino Corporation to Report Fiscal Year 2025 Results on May 14, 2025Hibino Corporation announced that they will report fiscal year 2025 results on May 14, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 14% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).공시 • Feb 28Hibino Corporation (TSE:2469) agreed to acquire 75% stake in Spectrum Audio Visual Pte Ltd. from Chua Hua Kiang for SGD 5.53 million.Hibino Corporation (TSE:2469) agreed to acquire 75% stake in Spectrum Audio Visual Pte Ltd. from Chua Hua Kiang for SGD 5.53 million on February 26, 2025. A cash consideration of SGD 5.53 million will be paid by Hibino Corporation. As part of consideration, SGD 5.53 million is paid towards common equity of Spectrum Audio Visual Pte Ltd. For the year ending December 31, 2024, Spectrum Audio Visual Pte Ltd. reported total revenue of SGD 26.54 million, total assets of SGD 195.34 million, Net income of SGD 1.37 million and total common equity of SGD 6.44 million. The expected completion of the transaction is April 1, 2025.Major Estimate Revision • Feb 17Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥262 to JP¥222. Revenue forecast unchanged from JP¥60.0b at last update. Net income forecast to grow 41% next year vs 11% growth forecast for Electronic industry in Japan. Consensus price target of JP¥4,000 unchanged from last update. Share price fell 4.1% to JP¥2,841 over the past week.Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: JP¥63.52 (vs JP¥64.40 in 3Q 2024)Third quarter 2025 results: EPS: JP¥63.52 (down from JP¥64.40 in 3Q 2024). Revenue: JP¥14.5b (up 11% from 3Q 2024). Net income: JP¥631.0m (down 1.3% from 3Q 2024). Profit margin: 4.3% (down from 4.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,130, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 110% over the past three years.분석 기사 • Jan 28With EPS Growth And More, Hibino (TSE:2469) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...공시 • Jan 19Hibino Corporation to Report Q3, 2025 Results on Feb 10, 2025Hibino Corporation announced that they will report Q3, 2025 results on Feb 10, 2025Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥61.22 (vs JP¥43.44 in 2Q 2024)Second quarter 2025 results: EPS: JP¥61.22 (up from JP¥43.44 in 2Q 2024). Revenue: JP¥15.2b (up 29% from 2Q 2024). Net income: JP¥608.0m (up 41% from 2Q 2024). Profit margin: 4.0% (up from 3.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (111% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).공시 • Oct 06Hibino Corporation to Report Q2, 2025 Results on Nov 08, 2024Hibino Corporation announced that they will report Q2, 2025 results on Nov 08, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.분석 기사 • Aug 24Hibino Corporation's (TSE:2469) P/E Is Still On The Mark Following 28% Share Price BounceDespite an already strong run, Hibino Corporation ( TSE:2469 ) shares have been powering on, with a gain of 28% in the...분석 기사 • Aug 19Does Hibino (TSE:2469) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Major Estimate Revision • Aug 17Consensus EPS estimates increase by 33%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥57.0b to JP¥60.0b. EPS estimate increased from JP¥197 to JP¥262 per share. Net income forecast to grow 60% next year vs 10% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥3,600 to JP¥4,000. Share price rose 15% to JP¥2,870 over the past week.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥2,053, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 62% over the past three years.분석 기사 • Aug 03Hibino (TSE:2469) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Jun 29Hibino Corporation to Report Q1, 2025 Results on Aug 07, 2024Hibino Corporation announced that they will report Q1, 2025 results on Aug 07, 2024분석 기사 • May 22Investors Still Aren't Entirely Convinced By Hibino Corporation's (TSE:2469) Earnings Despite 26% Price JumpHibino Corporation ( TSE:2469 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...Reported Earnings • May 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥164 (up from JP¥61.32 in FY 2023). Revenue: JP¥50.5b (up 20% from FY 2023). Net income: JP¥1.63b (up 168% from FY 2023). Profit margin: 3.2% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • May 15+ 1 more updateHibino Corporation (TSE:2469) agreed to acquire a 70% stake in CH Holdings Co., Ltd. from Atsushi Wada ¥810 millionHibino Corporation (TSE:2469) agreed to acquire a 70% stake in CH Holdings Co., Ltd. from Atsushi Wada ¥810 million on May 13, 2024. Hibino Corporation will acquire 140 shares.공시 • Apr 03Hibino Corporation to Report Fiscal Year 2024 Results on May 13, 2024Hibino Corporation announced that they will report fiscal year 2024 results on May 13, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.4%).Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥64.39 (vs JP¥24.25 in 3Q 2023)Third quarter 2024 results: EPS: JP¥64.39 (up from JP¥24.25 in 3Q 2023). Revenue: JP¥13.1b (up 26% from 3Q 2023). Net income: JP¥639.0m (up 166% from 3Q 2023). Profit margin: 4.9% (up from 2.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.공시 • Feb 01Hibino Corporation to Report Q3, 2024 Results on Feb 05, 2024Hibino Corporation announced that they will report Q3, 2024 results on Feb 05, 2024Buying Opportunity • Jan 16Now 21% undervaluedOver the last 90 days, the stock is up 55%. The fair value is estimated to be JP¥2,881, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 50% in the next 2 years.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥2,244, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 94% over the past three years.Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥43.43 (vs JP¥2.83 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥43.43 (up from JP¥2.83 loss in 2Q 2023). Revenue: JP¥11.8b (up 26% from 2Q 2023). Net income: JP¥431.0m (up JP¥459.0m from 2Q 2023). Profit margin: 3.6% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,679, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 41% over the past three years.New Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥14.9b market cap, or US$99.5m).공시 • Sep 28Hibino Corporation to Report Q2, 2024 Results on Nov 06, 2023Hibino Corporation announced that they will report Q2, 2024 results on Nov 06, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥15.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).Major Estimate Revision • Aug 15Consensus EPS estimates increase by 69%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥80.60 to JP¥136. Revenue forecast unchanged at JP¥47.0b. Net income forecast to grow 85% next year vs 6.4% growth forecast for Electronic industry in Japan. Consensus price target of JP¥2,000 unchanged from last update. Share price fell 4.2% to JP¥1,695 over the past week.Reported Earnings • Aug 08First quarter 2024 earnings released: JP¥10.38 loss per share (vs JP¥27.01 loss in 1Q 2023)First quarter 2024 results: JP¥10.38 loss per share (improved from JP¥27.01 loss in 1Q 2023). Revenue: JP¥9.27b (up 13% from 1Q 2023). Net loss: JP¥103.0m (loss narrowed 61% from 1Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 08Now 22% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be JP¥2,282, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings is also forecast to grow by 30% per annum over the same time period.공시 • Jul 12Hibino Corporation to Report Q1, 2024 Results on Aug 07, 2023Hibino Corporation announced that they will report Q1, 2024 results on Aug 07, 2023New Risk • Jul 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin).Price Target Changed • Jun 07Price target increased by 33% to JP¥2,000Up from JP¥1,500, the current price target is provided by 1 analyst. New target price is 12% above last closing price of JP¥1,781. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥80.60 for next year compared to JP¥61.32 last year.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,716, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 25% over the past three years.Reported Earnings • May 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥61.32 (down from JP¥109 in FY 2022). Revenue: JP¥41.9b (down 1.2% from FY 2022). Net income: JP¥607.0m (down 44% from FY 2022). Profit margin: 1.4% (down from 2.5% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per share at 2.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥24.24 (vs JP¥0.10 in 3Q 2022)Third quarter 2023 results: EPS: JP¥24.24 (up from JP¥0.10 in 3Q 2022). Revenue: JP¥10.3b (up 12% from 3Q 2022). Net income: JP¥240.0m (up JP¥239.0m from 3Q 2022). Profit margin: 2.3% (up from 0% in 3Q 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Buying Opportunity • Jan 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be JP¥1,677, however this is not to be taken as a buy recommendation but rather should be used as a guide only.공시 • Dec 30Hibino Corporation to Report Q3, 2023 Results on Feb 06, 2023Hibino Corporation announced that they will report Q3, 2023 results on Feb 06, 2023공시 • Dec 02Hibino Corporation announced that it has received ¥48.475 million in fundingOn December 1, 2022, Hibino Corporation closed the transaction.Board Change • Nov 16Less 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, none were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent External Director Takenari Shimizu was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Nov 09Hibino Corporation (TSE:2469) agreed to acquire 80% stake in Cerevo Inc. from Keisuke Onuma.Hibino Corporation (TSE:2469) agreed to acquire 80% stake in Cerevo Inc. from Keisuke Onuma on November 7, 2022. Hibino will acquire 150,574 shares in Cerevo. The board of Hibino has resolved the deal on November 7, 2022. The transaction is expected to complete on December 1, 2022.Reported Earnings • Nov 09Second quarter 2023 earnings released: JP¥2.83 loss per share (vs JP¥180 profit in 2Q 2022)Second quarter 2023 results: JP¥2.83 loss per share (down from JP¥180 profit in 2Q 2022). Revenue: JP¥9.38b (down 33% from 2Q 2022). Net loss: JP¥28.0m (down 102% from profit in 2Q 2022). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.공시 • Nov 08Hibino Corporation announced that it expects to receive ¥48.475 million in fundingHibino Corporation announced a private placement of 35,000 common shares at a price of ¥1,385 per share for gross proceeds of ¥48,475,000 on November 7, 2022. The transaction will include participation from individual investor Keisuke Onuma. The company will issue the securities through third-party allotment. The transaction has been approved in the board of directors meeting. The transaction is expected to close on December 1, 2022.공시 • Sep 28Hibino Corporation to Report Q2, 2023 Results on Nov 07, 2022Hibino Corporation announced that they will report Q2, 2023 results on Nov 07, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).Major Estimate Revision • Aug 15Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥43.0b to JP¥42.0b. EPS estimate also fell from JP¥91.00 per share to JP¥70.80 per share. Net income forecast to shrink 42% next year vs 7.1% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥1,500 to JP¥1,400. Share price was steady at JP¥1,437 over the past week.Price Target Changed • Aug 09Price target decreased to JP¥1,400Down from JP¥1,600, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,438. Stock is up 2.6% over the past year. The company is forecast to post earnings per share of JP¥70.80 for next year compared to JP¥109 last year.Reported Earnings • Aug 07First quarter 2023 earnings released: JP¥27.00 loss per share (vs JP¥45.51 loss in 1Q 2022)First quarter 2023 results: JP¥27.00 loss per share (up from JP¥45.51 loss in 1Q 2022). Revenue: JP¥8.23b (down 8.1% from 1Q 2022). Net loss: JP¥267.0m (loss narrowed 41% from 1Q 2022). Over the next year, revenue is forecast to grow 4.9%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.공시 • Jun 29Hibino Corporation to Report Q1, 2023 Results on Aug 05, 2022Hibino Corporation announced that they will report Q1, 2023 results on Aug 05, 2022Major Estimate Revision • May 31Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥42.5b to JP¥43.0b. EPS estimate fell from JP¥111 to JP¥91.00 per share. Net income forecast to shrink 16% next year vs 6.8% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥1,600 to JP¥1,500. Share price was steady at JP¥1,434 over the past week.Reported Earnings • May 17Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥109 (up from JP¥245 loss in FY 2021). Revenue: JP¥42.4b (up 39% from FY 2021). Net income: JP¥1.07b (up JP¥3.50b from FY 2021). Profit margin: 2.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 23%. Over the next year, revenue is forecast to stay flat compared to a 8.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공시 • May 15Hibino Corporation, Annual General Meeting, Jun 22, 2022Hibino Corporation, Annual General Meeting, Jun 22, 2022.Price Target Changed • Apr 27Price target decreased to JP¥1,600Down from JP¥1,800, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,570. Stock is up 6.7% over the past year. The company is forecast to post earnings per share of JP¥142 next year compared to a net loss per share of JP¥245 last year.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 not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. 2 independent directors (7 non-independent directors). Independent External Director Takenari Shimizu was the last independent director to join the board, commencing their role in 2015. 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 07Hibino Corporation to Report Fiscal Year 2022 Results on May 13, 2022Hibino Corporation announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).Major Estimate Revision • Feb 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥45.0b to JP¥43.6b. EPS estimate also fell from JP¥182 per share to JP¥142 per share. Net income forecast to grow 8.4% next year vs 6.5% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥1,800 to JP¥1,600. Share price rose 2.9% to JP¥1,586 over the past week.Price Target Changed • Feb 09Price target decreased to JP¥1,600Down from JP¥1,800, the current price target is provided by 1 analyst. New target price is 6.4% above last closing price of JP¥1,504. Stock is up 17% over the past year. The company is forecast to post earnings per share of JP¥142 next year compared to a net loss per share of JP¥245 last year.Reported Earnings • Feb 07Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: JP¥0.10 (up from JP¥49.96 loss in 3Q 2021). Revenue: JP¥9.22b (up 22% from 3Q 2021). Net income: JP¥1.00m (up JP¥495.0m from 3Q 2021). Profit margin: 0% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 5.4%, compared to a 7.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥180 (vs JP¥90.32 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¥14.1b (up 134% from 2Q 2021). Net income: JP¥1.78b (up JP¥2.68b from 2Q 2021). Profit margin: 13% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 09First quarter 2022 earnings released: JP¥45.51 loss per share (vs JP¥79.10 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥8.96b (up 38% from 1Q 2021). Net loss: JP¥450.0m (loss narrowed 43% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.매출 및 비용 세부 내역Hibino가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:2469 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 2667,6033,05419,488031 Dec 2566,6562,90218,682030 Sep 2563,8922,26718,160030 Jun 2561,6722,05417,591031 Mar 2559,4731,72217,010031 Dec 2457,7772,07116,405030 Sep 2456,2982,07915,797030 Jun 2452,8801,90215,144031 Mar 2450,4911,62714,745031 Dec 2348,1221,62914,087030 Sep 2345,3971,23013,719030 Jun 2342,96277113,290031 Mar 2341,92260712,977031 Dec 2238,125-31412,718030 Sep 2237,012-55312,454030 Jun 2241,6981,25712,305031 Mar 2242,4261,07412,145031 Dec 2142,6951,08311,915030 Sep 2141,03158811,826030 Jun 2132,985-2,08711,748031 Mar 2130,523-2,42311,452031 Dec 2030,575-2,30411,664030 Sep 2034,126-1,38411,944030 Jun 2038,282-18912,169031 Mar 2040,82569412,433031 Dec 1941,1541,18011,946030 Sep 1938,61098311,108030 Jun 1936,5611,22310,318031 Mar 1933,9109769,546031 Dec 1832,4449859,073030 Sep 1831,0699259,005030 Jun 1830,1237118,915031 Mar 1829,7321,0388,872031 Dec 1729,2418719,101030 Sep 1728,7541,0778,791030 Jun 1728,7511,4298,373031 Mar 1729,1331,5007,928031 Dec 1631,3212,2147,423030 Sep 1632,7352,7247,147030 Jun 1632,7802,5406,975031 Mar 1632,2812,7336,753031 Dec 1526,9571,8686,275030 Sep 1523,4961,2045,873030 Jun 1521,1141,0285,5460양질의 수익: 2469는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 2469의 현재 순 이익률 (4.5%)은 지난해 (2.9%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 2469는 지난 5년 동안 흑자전환하며 연평균 48.5%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 2469 의 수익 증가율(77.4%)은 연간 평균(48.5%)을 초과합니다.수익 대 산업: 2469의 지난 1년 수익 증가율(77.4%)은 Electronic 업계의 13.7%를 상회했습니다.자기자본이익률높은 ROE: 2469의 자본 수익률(21.1%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 20:53종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Hibino Corporation는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullDaiwa Securities Co. Ltd.Mitsuhiro OsawaIchiyoshi Research Institute Inc.Hidekazu MiyaharaMarusan Securities Co. Ltd.
분석 기사 • 3hSolid Earnings Reflect Hibino's (TSE:2469) Strength As A BusinessEven though Hibino Corporation ( TSE:2469 ) posted strong earnings, investors appeared to be underwhelmed. We have done...
Reported Earnings • May 18Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥308 (up from JP¥173 in FY 2025). Revenue: JP¥67.6b (up 14% from FY 2025). Net income: JP¥3.05b (up 77% from FY 2025). Profit margin: 4.5% (up from 2.9% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.0%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
공시 • May 09Hibino Corporation to Report Fiscal Year 2026 Results on May 14, 2026Hibino Corporation announced that they will report fiscal year 2026 results on May 14, 2026
Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥128 (vs JP¥63.52 in 3Q 2025)Third quarter 2026 results: EPS: JP¥128 (up from JP¥63.52 in 3Q 2025). Revenue: JP¥17.3b (up 19% from 3Q 2025). Net income: JP¥1.27b (up 101% from 3Q 2025). Profit margin: 7.3% (up from 4.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 20We Like The Quality Of Hibino's (TSE:2469) EarningsThe market seemed underwhelmed by last week's earnings announcement from Hibino Corporation ( TSE:2469 ) despite the...
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥82.76 (vs JP¥61.22 in 2Q 2025)Second quarter 2026 results: EPS: JP¥82.76 (up from JP¥61.22 in 2Q 2025). Revenue: JP¥17.5b (up 15% from 2Q 2025). Net income: JP¥821.0m (up 35% from 2Q 2025). Profit margin: 4.7% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
분석 기사 • 3hSolid Earnings Reflect Hibino's (TSE:2469) Strength As A BusinessEven though Hibino Corporation ( TSE:2469 ) posted strong earnings, investors appeared to be underwhelmed. We have done...
Reported Earnings • May 18Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥308 (up from JP¥173 in FY 2025). Revenue: JP¥67.6b (up 14% from FY 2025). Net income: JP¥3.05b (up 77% from FY 2025). Profit margin: 4.5% (up from 2.9% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.0%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 18What Is Hibino Corporation's (TSE:2469) Share Price Doing?While Hibino Corporation ( TSE:2469 ) might not have the largest market cap around , it received a lot of attention...
New Risk • May 15New 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 7.4% 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: Minor Risks High level of debt (89% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,887, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,688 per share.
공시 • May 14Hibino Corporation, Annual General Meeting, Jun 24, 2026Hibino Corporation, Annual General Meeting, Jun 24, 2026.
공시 • May 09Hibino Corporation to Report Fiscal Year 2026 Results on May 14, 2026Hibino Corporation announced that they will report fiscal year 2026 results on May 14, 2026
공시 • Apr 30Hibino Corporation (TSE:2469) agreed to acquire an unknown minority stake in Sonora Technology Co., Ltd. from WM Growth No. 4 Investment Limited Partnership fund managed by WM PARTNERS Co., Ltd.Hibino Corporation (TSE:2469) agreed to acquire an unknown minority stake in Sonora Technology Co., Ltd. from WM Growth No. 4 Investment Limited Partnership fund managed by WM PARTNERS Co., Ltd. on April 28, 2026. The expected completion of the transaction is May 29, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
공시 • Feb 26Hibino Corporation (TSE:2469) entered into a share transfer agreement to acquire Ascent Co., Ltd. from Kenji Kigoshi for ¥500 million.Hibino Corporation (TSE:2469) entered into a share transfer agreement to acquire Ascent Co., Ltd. from Kenji Kigoshi for ¥500 million on February 25, 2026. A cash consideration of ¥500 million will be paid by Hibino Corporation. As part of consideration, ¥500 million is paid towards common equity of Ascent Co., Ltd. For the period ending May 31, 2025, Ascent Co., Ltd. reported total revenue of ¥2.36 billion, EBIT of ¥119 million and net income of ¥70 million. As of May 31, 2025, Ascent Co., Ltd. reported total assets of ¥1.6 billion and total common equity of ¥224 million. The expected completion of the transaction is April 1, 2026.
Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: JP¥128 (vs JP¥63.52 in 3Q 2025)Third quarter 2026 results: EPS: JP¥128 (up from JP¥63.52 in 3Q 2025). Revenue: JP¥17.3b (up 19% from 3Q 2025). Net income: JP¥1.27b (up 101% from 3Q 2025). Profit margin: 7.3% (up from 4.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 20We Like The Quality Of Hibino's (TSE:2469) EarningsThe market seemed underwhelmed by last week's earnings announcement from Hibino Corporation ( TSE:2469 ) despite the...
분석 기사 • Nov 13Earnings Release: Here's Why Analysts Cut Their Hibino Corporation (TSE:2469) Price Target To JP¥3,700As you might know, Hibino Corporation ( TSE:2469 ) recently reported its half-yearly numbers. Results were roughly in...
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: JP¥82.76 (vs JP¥61.22 in 2Q 2025)Second quarter 2026 results: EPS: JP¥82.76 (up from JP¥61.22 in 2Q 2025). Revenue: JP¥17.5b (up 15% from 2Q 2025). Net income: JP¥821.0m (up 35% from 2Q 2025). Profit margin: 4.7% (up from 4.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
공시 • Sep 30Hibino Corporation to Report Q2, 2026 Results on Nov 10, 2025Hibino Corporation announced that they will report Q2, 2026 results on Nov 10, 2025
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥50.74 (vs JP¥17.33 in 1Q 2025)First quarter 2026 results: EPS: JP¥50.74 (up from JP¥17.33 in 1Q 2025). Revenue: JP¥13.9b (up 19% from 1Q 2025). Net income: JP¥504.0m (up 193% from 1Q 2025). Profit margin: 3.6% (up from 1.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
공시 • Jul 18Hibino Corporation to Report Q1, 2026 Results on Aug 08, 2025Hibino Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
Reported Earnings • Jun 29Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥173 (up from JP¥164 in FY 2024). Revenue: JP¥59.5b (up 18% from FY 2024). Net income: JP¥1.72b (up 5.8% from FY 2024). Profit margin: 2.9% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공시 • May 25Hibino Corporation (TSE:2469) announces an Equity Buyback for 50,000 shares, representing 0.5% for ¥110 million.Hibino Corporation (TSE:2469) announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 0.5% of the outstanding shares for ¥110 million. The purpose of the program is to strengthen shareholder returns and improve capital efficiency, while also implementing flexible capital policies in response to the business environment. The program will run until September 30, 2025. As of May 23, 2025, the company had 9,934,272 shares outstanding and 331,208 shares in treasury.
Major Estimate Revision • May 23Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥317 to JP¥252. Revenue forecast unchanged from JP¥67.0b at last update. Net income forecast to grow 45% next year vs 10% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥4,000 to JP¥3,700. Share price was steady at JP¥2,188 over the past week.
Price Target Changed • May 23Price target decreased by 7.5% to JP¥3,700Down from JP¥4,000, the current price target is provided by 1 analyst. New target price is 69% above last closing price of JP¥2,188. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of JP¥252 for next year compared to JP¥173 last year.
분석 기사 • May 21Hibino's (TSE:2469) Earnings Offer More Than Meets The EyeThe stock was sluggish on the back of Hibino Corporation's ( TSE:2469 ) recent earnings report. Our analysis suggests...
Reported Earnings • May 19Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥173 (up from JP¥164 in FY 2024). Revenue: JP¥59.5b (up 18% from FY 2024). Net income: JP¥1.72b (up 5.8% from FY 2024). Profit margin: 2.9% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공시 • May 14Hibino Corporation, Annual General Meeting, Jun 25, 2025Hibino Corporation, Annual General Meeting, Jun 25, 2025.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,247, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 50% over the past three years.
분석 기사 • Apr 07Positive Sentiment Still Eludes Hibino Corporation (TSE:2469) Following 34% Share Price SlumpHibino Corporation ( TSE:2469 ) shareholders that were waiting for something to happen have been dealt a blow with a...
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥2,255, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 50% over the past three years.
공시 • Mar 26Hibino Corporation to Report Fiscal Year 2025 Results on May 14, 2025Hibino Corporation announced that they will report fiscal year 2025 results on May 14, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 14% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
공시 • Feb 28Hibino Corporation (TSE:2469) agreed to acquire 75% stake in Spectrum Audio Visual Pte Ltd. from Chua Hua Kiang for SGD 5.53 million.Hibino Corporation (TSE:2469) agreed to acquire 75% stake in Spectrum Audio Visual Pte Ltd. from Chua Hua Kiang for SGD 5.53 million on February 26, 2025. A cash consideration of SGD 5.53 million will be paid by Hibino Corporation. As part of consideration, SGD 5.53 million is paid towards common equity of Spectrum Audio Visual Pte Ltd. For the year ending December 31, 2024, Spectrum Audio Visual Pte Ltd. reported total revenue of SGD 26.54 million, total assets of SGD 195.34 million, Net income of SGD 1.37 million and total common equity of SGD 6.44 million. The expected completion of the transaction is April 1, 2025.
Major Estimate Revision • Feb 17Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥262 to JP¥222. Revenue forecast unchanged from JP¥60.0b at last update. Net income forecast to grow 41% next year vs 11% growth forecast for Electronic industry in Japan. Consensus price target of JP¥4,000 unchanged from last update. Share price fell 4.1% to JP¥2,841 over the past week.
Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: JP¥63.52 (vs JP¥64.40 in 3Q 2024)Third quarter 2025 results: EPS: JP¥63.52 (down from JP¥64.40 in 3Q 2024). Revenue: JP¥14.5b (up 11% from 3Q 2024). Net income: JP¥631.0m (down 1.3% from 3Q 2024). Profit margin: 4.3% (down from 4.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,130, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 110% over the past three years.
분석 기사 • Jan 28With EPS Growth And More, Hibino (TSE:2469) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
공시 • Jan 19Hibino Corporation to Report Q3, 2025 Results on Feb 10, 2025Hibino Corporation announced that they will report Q3, 2025 results on Feb 10, 2025
Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥61.22 (vs JP¥43.44 in 2Q 2024)Second quarter 2025 results: EPS: JP¥61.22 (up from JP¥43.44 in 2Q 2024). Revenue: JP¥15.2b (up 29% from 2Q 2024). Net income: JP¥608.0m (up 41% from 2Q 2024). Profit margin: 4.0% (up from 3.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (111% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).
공시 • Oct 06Hibino Corporation to Report Q2, 2025 Results on Nov 08, 2024Hibino Corporation announced that they will report Q2, 2025 results on Nov 08, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.
분석 기사 • Aug 24Hibino Corporation's (TSE:2469) P/E Is Still On The Mark Following 28% Share Price BounceDespite an already strong run, Hibino Corporation ( TSE:2469 ) shares have been powering on, with a gain of 28% in the...
분석 기사 • Aug 19Does Hibino (TSE:2469) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Major Estimate Revision • Aug 17Consensus EPS estimates increase by 33%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥57.0b to JP¥60.0b. EPS estimate increased from JP¥197 to JP¥262 per share. Net income forecast to grow 60% next year vs 10% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥3,600 to JP¥4,000. Share price rose 15% to JP¥2,870 over the past week.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥2,053, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 62% over the past three years.
분석 기사 • Aug 03Hibino (TSE:2469) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Jun 29Hibino Corporation to Report Q1, 2025 Results on Aug 07, 2024Hibino Corporation announced that they will report Q1, 2025 results on Aug 07, 2024
분석 기사 • May 22Investors Still Aren't Entirely Convinced By Hibino Corporation's (TSE:2469) Earnings Despite 26% Price JumpHibino Corporation ( TSE:2469 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Reported Earnings • May 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥164 (up from JP¥61.32 in FY 2023). Revenue: JP¥50.5b (up 20% from FY 2023). Net income: JP¥1.63b (up 168% from FY 2023). Profit margin: 3.2% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • May 15+ 1 more updateHibino Corporation (TSE:2469) agreed to acquire a 70% stake in CH Holdings Co., Ltd. from Atsushi Wada ¥810 millionHibino Corporation (TSE:2469) agreed to acquire a 70% stake in CH Holdings Co., Ltd. from Atsushi Wada ¥810 million on May 13, 2024. Hibino Corporation will acquire 140 shares.
공시 • Apr 03Hibino Corporation to Report Fiscal Year 2024 Results on May 13, 2024Hibino Corporation announced that they will report fiscal year 2024 results on May 13, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.4%).
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥64.39 (vs JP¥24.25 in 3Q 2023)Third quarter 2024 results: EPS: JP¥64.39 (up from JP¥24.25 in 3Q 2023). Revenue: JP¥13.1b (up 26% from 3Q 2023). Net income: JP¥639.0m (up 166% from 3Q 2023). Profit margin: 4.9% (up from 2.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
공시 • Feb 01Hibino Corporation to Report Q3, 2024 Results on Feb 05, 2024Hibino Corporation announced that they will report Q3, 2024 results on Feb 05, 2024
Buying Opportunity • Jan 16Now 21% undervaluedOver the last 90 days, the stock is up 55%. The fair value is estimated to be JP¥2,881, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 50% in the next 2 years.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 24%After last week's 24% share price gain to JP¥2,244, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 94% over the past three years.
Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥43.43 (vs JP¥2.83 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥43.43 (up from JP¥2.83 loss in 2Q 2023). Revenue: JP¥11.8b (up 26% from 2Q 2023). Net income: JP¥431.0m (up JP¥459.0m from 2Q 2023). Profit margin: 3.6% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,679, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 41% over the past three years.
New Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥14.9b market cap, or US$99.5m).
공시 • Sep 28Hibino Corporation to Report Q2, 2024 Results on Nov 06, 2023Hibino Corporation announced that they will report Q2, 2024 results on Nov 06, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥15.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
Major Estimate Revision • Aug 15Consensus EPS estimates increase by 69%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥80.60 to JP¥136. Revenue forecast unchanged at JP¥47.0b. Net income forecast to grow 85% next year vs 6.4% growth forecast for Electronic industry in Japan. Consensus price target of JP¥2,000 unchanged from last update. Share price fell 4.2% to JP¥1,695 over the past week.
Reported Earnings • Aug 08First quarter 2024 earnings released: JP¥10.38 loss per share (vs JP¥27.01 loss in 1Q 2023)First quarter 2024 results: JP¥10.38 loss per share (improved from JP¥27.01 loss in 1Q 2023). Revenue: JP¥9.27b (up 13% from 1Q 2023). Net loss: JP¥103.0m (loss narrowed 61% from 1Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 08Now 22% undervaluedOver the last 90 days, the stock is up 26%. The fair value is estimated to be JP¥2,282, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings is also forecast to grow by 30% per annum over the same time period.
공시 • Jul 12Hibino Corporation to Report Q1, 2024 Results on Aug 07, 2023Hibino Corporation announced that they will report Q1, 2024 results on Aug 07, 2023
New Risk • Jul 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin).
Price Target Changed • Jun 07Price target increased by 33% to JP¥2,000Up from JP¥1,500, the current price target is provided by 1 analyst. New target price is 12% above last closing price of JP¥1,781. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥80.60 for next year compared to JP¥61.32 last year.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,716, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 25% over the past three years.
Reported Earnings • May 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥61.32 (down from JP¥109 in FY 2022). Revenue: JP¥41.9b (down 1.2% from FY 2022). Net income: JP¥607.0m (down 44% from FY 2022). Profit margin: 1.4% (down from 2.5% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per share at 2.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥24.24 (vs JP¥0.10 in 3Q 2022)Third quarter 2023 results: EPS: JP¥24.24 (up from JP¥0.10 in 3Q 2022). Revenue: JP¥10.3b (up 12% from 3Q 2022). Net income: JP¥240.0m (up JP¥239.0m from 3Q 2022). Profit margin: 2.3% (up from 0% in 3Q 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Buying Opportunity • Jan 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be JP¥1,677, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
공시 • Dec 30Hibino Corporation to Report Q3, 2023 Results on Feb 06, 2023Hibino Corporation announced that they will report Q3, 2023 results on Feb 06, 2023
공시 • Dec 02Hibino Corporation announced that it has received ¥48.475 million in fundingOn December 1, 2022, Hibino Corporation closed the transaction.
Board Change • Nov 16Less 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, none were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent External Director Takenari Shimizu was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Nov 09Hibino Corporation (TSE:2469) agreed to acquire 80% stake in Cerevo Inc. from Keisuke Onuma.Hibino Corporation (TSE:2469) agreed to acquire 80% stake in Cerevo Inc. from Keisuke Onuma on November 7, 2022. Hibino will acquire 150,574 shares in Cerevo. The board of Hibino has resolved the deal on November 7, 2022. The transaction is expected to complete on December 1, 2022.
Reported Earnings • Nov 09Second quarter 2023 earnings released: JP¥2.83 loss per share (vs JP¥180 profit in 2Q 2022)Second quarter 2023 results: JP¥2.83 loss per share (down from JP¥180 profit in 2Q 2022). Revenue: JP¥9.38b (down 33% from 2Q 2022). Net loss: JP¥28.0m (down 102% from profit in 2Q 2022). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
공시 • Nov 08Hibino Corporation announced that it expects to receive ¥48.475 million in fundingHibino Corporation announced a private placement of 35,000 common shares at a price of ¥1,385 per share for gross proceeds of ¥48,475,000 on November 7, 2022. The transaction will include participation from individual investor Keisuke Onuma. The company will issue the securities through third-party allotment. The transaction has been approved in the board of directors meeting. The transaction is expected to close on December 1, 2022.
공시 • Sep 28Hibino Corporation to Report Q2, 2023 Results on Nov 07, 2022Hibino Corporation announced that they will report Q2, 2023 results on Nov 07, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥43.0b to JP¥42.0b. EPS estimate also fell from JP¥91.00 per share to JP¥70.80 per share. Net income forecast to shrink 42% next year vs 7.1% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥1,500 to JP¥1,400. Share price was steady at JP¥1,437 over the past week.
Price Target Changed • Aug 09Price target decreased to JP¥1,400Down from JP¥1,600, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,438. Stock is up 2.6% over the past year. The company is forecast to post earnings per share of JP¥70.80 for next year compared to JP¥109 last year.
Reported Earnings • Aug 07First quarter 2023 earnings released: JP¥27.00 loss per share (vs JP¥45.51 loss in 1Q 2022)First quarter 2023 results: JP¥27.00 loss per share (up from JP¥45.51 loss in 1Q 2022). Revenue: JP¥8.23b (down 8.1% from 1Q 2022). Net loss: JP¥267.0m (loss narrowed 41% from 1Q 2022). Over the next year, revenue is forecast to grow 4.9%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
공시 • Jun 29Hibino Corporation to Report Q1, 2023 Results on Aug 05, 2022Hibino Corporation announced that they will report Q1, 2023 results on Aug 05, 2022
Major Estimate Revision • May 31Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥42.5b to JP¥43.0b. EPS estimate fell from JP¥111 to JP¥91.00 per share. Net income forecast to shrink 16% next year vs 6.8% growth forecast for Electronic industry in Japan . Consensus price target down from JP¥1,600 to JP¥1,500. Share price was steady at JP¥1,434 over the past week.
Reported Earnings • May 17Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥109 (up from JP¥245 loss in FY 2021). Revenue: JP¥42.4b (up 39% from FY 2021). Net income: JP¥1.07b (up JP¥3.50b from FY 2021). Profit margin: 2.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 23%. Over the next year, revenue is forecast to stay flat compared to a 8.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공시 • May 15Hibino Corporation, Annual General Meeting, Jun 22, 2022Hibino Corporation, Annual General Meeting, Jun 22, 2022.
Price Target Changed • Apr 27Price target decreased to JP¥1,600Down from JP¥1,800, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,570. Stock is up 6.7% over the past year. The company is forecast to post earnings per share of JP¥142 next year compared to a net loss per share of JP¥245 last year.
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 not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. 2 independent directors (7 non-independent directors). Independent External Director Takenari Shimizu was the last independent director to join the board, commencing their role in 2015. 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 07Hibino Corporation to Report Fiscal Year 2022 Results on May 13, 2022Hibino Corporation announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).
Major Estimate Revision • Feb 14Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥45.0b to JP¥43.6b. EPS estimate also fell from JP¥182 per share to JP¥142 per share. Net income forecast to grow 8.4% next year vs 6.5% growth forecast for Electronic industry in Japan. Consensus price target down from JP¥1,800 to JP¥1,600. Share price rose 2.9% to JP¥1,586 over the past week.
Price Target Changed • Feb 09Price target decreased to JP¥1,600Down from JP¥1,800, the current price target is provided by 1 analyst. New target price is 6.4% above last closing price of JP¥1,504. Stock is up 17% over the past year. The company is forecast to post earnings per share of JP¥142 next year compared to a net loss per share of JP¥245 last year.
Reported Earnings • Feb 07Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: JP¥0.10 (up from JP¥49.96 loss in 3Q 2021). Revenue: JP¥9.22b (up 22% from 3Q 2021). Net income: JP¥1.00m (up JP¥495.0m from 3Q 2021). Profit margin: 0% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 5.4%, compared to a 7.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥180 (vs JP¥90.32 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¥14.1b (up 134% from 2Q 2021). Net income: JP¥1.78b (up JP¥2.68b from 2Q 2021). Profit margin: 13% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 09First quarter 2022 earnings released: JP¥45.51 loss per share (vs JP¥79.10 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥8.96b (up 38% from 1Q 2021). Net loss: JP¥450.0m (loss narrowed 43% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.