Reported Earnings • May 17
Full year 2026 earnings released: EPS: JP¥140 (vs JP¥91.02 in FY 2025) Full year 2026 results: EPS: JP¥140 (up from JP¥91.02 in FY 2025). Revenue: JP¥9.32b (up 10.0% from FY 2025). Net income: JP¥867.0m (up 55% from FY 2025). Profit margin: 9.3% (up from 6.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. 공시 • May 13
Showa Shinku Co., Ltd., Annual General Meeting, Jun 26, 2026 Showa Shinku Co., Ltd., Annual General Meeting, Jun 26, 2026. 공시 • May 10
Showa Shinku Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Showa Shinku Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥13.93 (vs JP¥15.09 in 3Q 2025) Third quarter 2026 results: EPS: JP¥13.93 (down from JP¥15.09 in 3Q 2025). Revenue: JP¥1.77b (down 6.4% from 3Q 2025). Net income: JP¥86.0m (down 7.5% from 3Q 2025). Profit margin: 4.9% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. 공시 • Dec 16
Showa Shinku Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Showa Shinku Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: JP¥21.38 (vs JP¥8.92 in 2Q 2025) Second quarter 2026 results: EPS: JP¥21.38 (up from JP¥8.92 in 2Q 2025). Revenue: JP¥2.37b (up 36% from 2Q 2025). Net income: JP¥132.0m (up 140% from 2Q 2025). Profit margin: 5.6% (up from 3.2% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. 공시 • Sep 01
Showa Shinku Co., Ltd. to Report Q2, 2026 Results on Nov 10, 2025 Showa Shinku Co., Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: JP¥6.65 loss per share (vs JP¥15.42 loss in 1Q 2025) First quarter 2026 results: JP¥6.65 loss per share (improved from JP¥15.42 loss in 1Q 2025). Revenue: JP¥1.33b (up 56% from 1Q 2025). Net loss: JP¥41.0m (loss narrowed 57% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. 공시 • Jun 04
Showa Shinku Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Showa Shinku Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Buy Or Sell Opportunity • May 20
Now 21% overvalued Over the last 90 days, the stock has fallen 3.4% to JP¥1,349. The fair value is estimated to be JP¥1,119, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Earnings per share has declined by 65%. New Risk • May 17
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 134% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.2% 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Earnings have declined by 25% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥8.31b market cap, or US$57.0m). Reported Earnings • May 14
Full year 2025 earnings released: EPS: JP¥91.02 (vs JP¥26.62 in FY 2024) Full year 2025 results: EPS: JP¥91.02 (up from JP¥26.62 in FY 2024). Revenue: JP¥8.48b (up 14% from FY 2024). Net income: JP¥561.0m (up 242% from FY 2024). Profit margin: 6.6% (up from 2.2% in FY 2024). The increase in margin 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 63 percentage points per year, which is a significant difference in performance. 공시 • May 12
Showa Shinku Co., Ltd., Annual General Meeting, Jun 24, 2025 Showa Shinku Co., Ltd., Annual General Meeting, Jun 24, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). 공시 • Mar 01
Showa Shinku Co., Ltd. to Report Fiscal Year 2025 Results on May 12, 2025 Showa Shinku Co., Ltd. announced that they will report fiscal year 2025 results on May 12, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥15.09 (vs JP¥19.32 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥15.09 (up from JP¥19.32 loss in 3Q 2024). Revenue: JP¥1.89b (up 49% from 3Q 2024). Net income: JP¥93.0m (up JP¥212.0m from 3Q 2024). Profit margin: 4.9% (up from net loss in 3Q 2024). 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 67 percentage points per year, which is a significant difference in performance. 공시 • Nov 30
Showa Shinku Co., Ltd. to Report Q3, 2025 Results on Feb 10, 2025 Showa Shinku Co., Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥8.92 (vs JP¥21.27 in 2Q 2024) Second quarter 2025 results: EPS: JP¥8.92 (down from JP¥21.27 in 2Q 2024). Revenue: JP¥1.74b (down 27% from 2Q 2024). Net income: JP¥55.0m (down 58% from 2Q 2024). Profit margin: 3.2% (down from 5.5% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 11
First quarter 2025 earnings released: JP¥15.42 loss per share (vs JP¥19.00 loss in 1Q 2024) First quarter 2025 results: JP¥15.42 loss per share (improved from JP¥19.00 loss in 1Q 2024). Revenue: JP¥852.0m (down 4.2% from 1Q 2024). Net loss: JP¥95.0m (loss narrowed 19% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% 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. 공시 • Aug 09
Showa Shinku Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Showa Shinku Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 Buy Or Sell Opportunity • Aug 07
Now 27% overvalued The stock has been flat over the last 90 days, currently trading at JP¥1,449. The fair value is estimated to be JP¥1,137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 40%. 공시 • Jun 06
Showa Shinku Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024 Showa Shinku Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥26.62 (vs JP¥126 in FY 2023) Full year 2024 results: EPS: JP¥26.62 (down from JP¥126 in FY 2023). Revenue: JP¥7.46b (down 26% from FY 2023). Net income: JP¥164.0m (down 79% from FY 2023). Profit margin: 2.2% (down from 7.7% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. 공시 • May 12
Showa Shinku Co., Ltd., Annual General Meeting, Jun 26, 2024 Showa Shinku Co., Ltd., Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). 공시 • Mar 02
Showa Shinku Co., Ltd. to Report Q4, 2024 Results on May 10, 2024 Showa Shinku Co., Ltd. announced that they will report Q4, 2024 results on May 10, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: JP¥19.32 loss per share (vs JP¥3.57 loss in 3Q 2023) Third quarter 2024 results: JP¥19.32 loss per share (further deteriorated from JP¥3.57 loss in 3Q 2023). Revenue: JP¥1.27b (down 21% from 3Q 2023). Net loss: JP¥119.0m (loss widened 441% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. 공시 • Nov 27
Showa Shinku Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Showa Shinku Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: JP¥21.27 (vs JP¥71.77 in 2Q 2023) Second quarter 2024 results: EPS: JP¥21.27 (down from JP¥71.77 in 2Q 2023). Revenue: JP¥2.37b (down 38% from 2Q 2023). Net income: JP¥131.0m (down 70% from 2Q 2023). Profit margin: 5.5% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. 공시 • Aug 27
Showa Shinku Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023 Showa Shinku Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023 New Risk • Aug 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share). Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (JP¥8.50b market cap, or US$59.0m). Reported Earnings • Aug 09
First quarter 2024 earnings released: JP¥19.00 loss per share (vs JP¥21.76 profit in 1Q 2023) First quarter 2024 results: JP¥19.00 loss per share (down from JP¥21.76 profit in 1Q 2023). Revenue: JP¥889.0m (down 51% from 1Q 2023). Net loss: JP¥117.0m (down 187% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. 공시 • May 28
Showa Shinku Co., Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Showa Shinku Co., Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 13
Full year 2023 earnings released: EPS: JP¥126 (vs JP¥201 in FY 2022) Full year 2023 results: EPS: JP¥126 (down from JP¥201 in FY 2022). Revenue: JP¥10.1b (down 15% from FY 2022). Net income: JP¥779.0m (down 37% from FY 2022). Profit margin: 7.7% (down from 10% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year. 공시 • May 13
Showa Shinku Co., Ltd., Annual General Meeting, Jun 27, 2023 Showa Shinku Co., Ltd., Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥70.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Buying Opportunity • Mar 20
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,785, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 12%. Buying Opportunity • Feb 12
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,776, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 12%. 공시 • Nov 27
Showa Shinku Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Showa Shinku Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: JP¥71.77 (vs JP¥70.96 in 2Q 2022) Second quarter 2023 results: EPS: JP¥71.77 (up from JP¥70.96 in 2Q 2022). Revenue: JP¥3.83b (up 2.5% from 2Q 2022). Net income: JP¥442.0m (up 1.1% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Masako Yamamoto 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 • Nov 11
Second quarter 2023 earnings released: EPS: JP¥71.77 (vs JP¥70.96 in 2Q 2022) Second quarter 2023 results: EPS: JP¥71.77 (up from JP¥70.96 in 2Q 2022). Revenue: JP¥3.83b (up 2.5% from 2Q 2022). Net income: JP¥442.0m (up 1.1% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥21.76 (vs JP¥11.53 in 1Q 2022) First quarter 2023 results: EPS: JP¥21.76 (up from JP¥11.53 in 1Q 2022). Revenue: JP¥1.82b (up 7.6% from 1Q 2022). Net income: JP¥134.0m (up 89% from 1Q 2022). Profit margin: 7.4% (up from 4.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. 공시 • Jun 04
Showa Shinku Co., Ltd. to Report Q1, 2023 Results on Aug 09, 2022 Showa Shinku Co., Ltd. announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 13
Full year 2022 earnings released: EPS: JP¥201 (vs JP¥165 in FY 2021) Full year 2022 results: EPS: JP¥201 (up from JP¥165 in FY 2021). Revenue: JP¥12.0b (up 12% from FY 2021). Net income: JP¥1.24b (up 22% from FY 2021). Profit margin: 10% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. 공시 • May 13
Showa Shinku Co., Ltd., Annual General Meeting, Jun 24, 2022 Showa Shinku Co., Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Masako Yamamoto 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. 공시 • Apr 08
Showa Shinku Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022 Showa Shinku Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥48.39 (down from JP¥51.47 in 3Q 2021). Revenue: JP¥2.91b (down 11% from 3Q 2021). Net income: JP¥298.0m (down 6.0% from 3Q 2021). Profit margin: 10% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥70.96 (vs JP¥42.71 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥3.74b (up 16% from 2Q 2021). Net income: JP¥437.0m (up 66% from 2Q 2021). Profit margin: 12% (up from 8.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • May 12
Full year 2021 earnings released: EPS JP¥165 (vs JP¥139 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥10.7b (down 2.0% from FY 2020). Net income: JP¥1.02b (up 19% from FY 2020). Profit margin: 9.5% (up from 7.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). 공시 • Mar 04
Showa Shinku Co., Ltd. to Report Fiscal Year 2021 Results on May 10, 2021 Showa Shinku Co., Ltd. announced that they will report fiscal year 2021 results on May 10, 2021 Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥51.47 (vs JP¥28.42 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.25b (up 27% from 3Q 2020). Net income: JP¥317.0m (up 81% from 3Q 2020). Profit margin: 9.8% (up from 6.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 25
New 90-day high: JP¥1,930 The company is up 35% from its price of JP¥1,425 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,902, the stock is trading at a trailing P/E ratio of 12.2x, up from the previous P/E ratio of 10.4x. This compares to an average P/E of 20x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 17%. Is New 90 Day High Low • Jan 07
New 90-day high: JP¥1,646 The company is up 20% from its price of JP¥1,374 on 09 October 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period. 공시 • Dec 05
Showa Shinku Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021 Showa Shinku Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Nov 11
New 90-day high: JP¥1,459 The company is up 2.0% from its price of JP¥1,426 on 13 August 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period. Reported Earnings • Nov 09
Second quarter 2021 earnings released: EPS JP¥42.71 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥3.23b (up 15% from 2Q 2020). Net income: JP¥263.0m (up 30% from 2Q 2020). Profit margin: 8.1% (up from 7.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 19% per year. Is New 90 Day High Low • Oct 21
New 90-day high: JP¥1,432 The company is up 3.0% from its price of JP¥1,392 on 22 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. 공시 • Sep 04
Showa Shinku Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020 Showa Shinku Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020