View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsIwatsu Electric 배당 및 자사주 매입배당 기준 점검 1/6Iwatsu Electric 은(는) 현재 수익률이 1.63% 인 배당금 지급 회사입니다.핵심 정보1.6%배당 수익률-16.1%자사주 매입 수익률총 주주 수익률-14.5%미래 배당 수익률n/a배당 성장률12.6%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향-45%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 6.7% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.9%).모든 업데이트 보기Recent updatesReported Earnings • Aug 11First quarter 2025 earnings released: JP¥54.63 loss per share (vs JP¥42.40 profit in 1Q 2024)First quarter 2025 results: JP¥54.63 loss per share (down from JP¥42.40 profit in 1Q 2024). Revenue: JP¥4.57b (down 9.1% from 1Q 2024). Net loss: JP¥815.0m (down 293% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,235, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 12x in the Communications industry in Japan. Total returns to shareholders of 39% over the past three years.공고 • Jun 27Iwatsu Electric Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024Iwatsu Electric Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024분석 기사 • Jun 04Iwatsu Electric Co., Ltd. (TSE:6704) Stock Rockets 39% As Investors Are Less Pessimistic Than ExpectedThe Iwatsu Electric Co., Ltd. ( TSE:6704 ) share price has done very well over the last month, posting an excellent...New Risk • Jun 04New 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 11% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (49% increase in shares outstanding). Market cap is less than US$100m (JP¥13.9b market cap, or US$89.7m).Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥784, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 13x in the Communications industry in Japan. Total loss to shareholders of 12% over the past three years.분석 기사 • May 22Why Iwatsu Electric's (TSE:6704) Healthy Earnings Aren’t As Good As They SeemIwatsu Electric Co., Ltd. ( TSE:6704 ) posted some decent earnings, but shareholders didn't react strongly. Our...Reported Earnings • May 19Full year 2024 earnings released: EPS: JP¥45.30 (vs JP¥119 loss in FY 2023)Full year 2024 results: EPS: JP¥45.30 (up from JP¥119 loss in FY 2023). Revenue: JP¥21.3b (down 7.0% from FY 2023). Net income: JP¥526.0m (up JP¥1.71b from FY 2023). Profit margin: 2.5% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.공고 • May 17Iwatsu Electric Co., Ltd., Annual General Meeting, Jun 27, 2024Iwatsu Electric Co., Ltd., Annual General Meeting, Jun 27, 2024.공고 • Mar 24Iwatsu Electric Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024Iwatsu Electric Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024New Risk • Feb 11New major risk - Revenue and earnings growthEarnings have declined by 7.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (50% increase in shares outstanding). Market cap is less than US$100m (JP¥10.1b market cap, or US$67.6m).공고 • Dec 24Iwatsu Electric Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Iwatsu Electric Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024New Risk • Dec 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 49% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Shareholders have been diluted in the past year (49% increase in shares outstanding). Market cap is less than US$100m (JP¥11.7b market cap, or US$81.0m).공고 • Dec 19Iwatsu Electric Co., Ltd. announced that it has received ¥3.7142 billion in funding from Ai Holdings CorporationOn December 18, 2023, Iwatsu Electric Co., Ltd., closed the transaction.Reported Earnings • Nov 11Second quarter 2024 earnings released: JP¥12.23 loss per share (vs JP¥2.21 loss in 2Q 2023)Second quarter 2024 results: JP¥12.23 loss per share (further deteriorated from JP¥2.21 loss in 2Q 2023). Revenue: JP¥4.99b (down 18% from 2Q 2023). Net loss: JP¥122.0m (loss widened 455% from 2Q 2023). 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.공고 • Sep 17Iwatsu Electric Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023Iwatsu Electric Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥42.40 (vs JP¥40.22 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥42.40 (up from JP¥40.22 loss in 1Q 2023). Revenue: JP¥5.03b (up 1.8% from 1Q 2023). Net income: JP¥423.0m (up JP¥823.0m from 1Q 2023). Profit margin: 8.4% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% 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.공고 • Jun 24Iwatsu Electric Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023Iwatsu Electric Co., Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 19Full year 2023 earnings released: JP¥119 loss per share (vs JP¥59.89 profit in FY 2022)Full year 2023 results: JP¥119 loss per share (down from JP¥59.89 profit in FY 2022). Revenue: JP¥22.9b (down 1.2% from FY 2022). Net loss: JP¥1.18b (down 299% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥43.34 loss per share (vs JP¥0.50 profit in 3Q 2022)Third quarter 2023 results: JP¥43.34 loss per share (down from JP¥0.50 profit in 3Q 2022). Revenue: JP¥5.26b (flat on 3Q 2022). Net loss: JP¥432.0m (down JP¥437.0m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공고 • Dec 28Iwatsu Electric Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Iwatsu Electric Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Yasushi Miki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 13Second quarter 2023 earnings released: JP¥2.21 loss per share (vs JP¥11.78 profit in 2Q 2022)Second quarter 2023 results: JP¥2.21 loss per share (down from JP¥11.78 profit in 2Q 2022). Revenue: JP¥6.08b (up 3.0% from 2Q 2022). Net loss: JP¥22.0m (down 119% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공고 • Sep 22Iwatsu Electric Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022Iwatsu Electric Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022Reported Earnings • Aug 11First quarter 2023 earnings released: JP¥40.22 loss per share (vs JP¥25.90 loss in 1Q 2022)First quarter 2023 results: JP¥40.22 loss per share (down from JP¥25.90 loss in 1Q 2022). Revenue: JP¥4.94b (flat on 1Q 2022). Net loss: JP¥400.0m (loss widened 56% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Board Change • Jul 10Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Yasushi Miki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공고 • Jun 29Iwatsu Electric Co., Ltd. to Report Q1, 2023 Results on Aug 09, 2022Iwatsu Electric Co., Ltd. announced that they will report Q1, 2023 results on Aug 09, 2022Reported Earnings • May 18Full year 2022 earnings released: EPS: JP¥59.89 (vs JP¥527 in FY 2021)Full year 2022 results: EPS: JP¥59.89 (down from JP¥527 in FY 2021). Revenue: JP¥23.2b (up 6.8% from FY 2021). Net income: JP¥595.0m (down 89% from FY 2021). Profit margin: 2.6% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses. 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 3% per year, which means it is significantly lagging earnings growth.공고 • May 15Iwatsu Electric Co., Ltd., Annual General Meeting, Jun 24, 2022Iwatsu Electric Co., Ltd., Annual General Meeting, Jun 24, 2022.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Yasushi Miki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공고 • Apr 08Iwatsu Electric Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Iwatsu Electric Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 6.7% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.9%).Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥0.50 (up from JP¥17.94 loss in 3Q 2021). Revenue: JP¥5.21b (flat on 3Q 2021). Net income: JP¥5.00m (up JP¥183.0m from 3Q 2021). Profit margin: 0.1% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥11.78 (vs JP¥8.67 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¥5.90b (up 13% from 2Q 2021). Net income: JP¥117.0m (up JP¥203.0m from 2Q 2021). Profit margin: 2.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09First quarter 2022 earnings released: JP¥25.90 loss per share (vs JP¥59.59 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¥4.92b (up 31% from 1Q 2021). Net loss: JP¥257.0m (loss narrowed 56% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥527 (vs JP¥5.75 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¥21.7b (down 2.6% from FY 2020). Net income: JP¥5.23b (up JP¥5.18b from FY 2020). Profit margin: 24% (up from 0.3% in FY 2020). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 01New 90-day high: JP¥899The company is up 6.0% from its price of JP¥845 on 01 December 2020. The Japanese market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Communications industry, which is up 1.0% over the same period.Reported Earnings • Feb 14Third quarter 2021 earnings released: JP¥17.94 loss per share (vs JP¥19.37 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥5.18b (up 9.7% from 3Q 2020). Net loss: JP¥178.0m (loss narrowed 7.3% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 03New 90-day high: JP¥862The company is up 1.0% from its price of JP¥852 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 2.0% over the same period.공고 • Dec 26Iwatsu Electric Co., Ltd. to Report Q3, 2021 Results on Feb 12, 2021Iwatsu Electric Co., Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021공고 • Oct 10Iwatsu Electric Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020Iwatsu Electric Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 6704 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 6704 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Iwatsu Electric 배당 수익률 vs 시장6704의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (6704)1.6%시장 하위 25% (JP)1.8%시장 상위 25% (JP)3.7%업계 평균 (Communications)3.2%분석가 예측 (6704) (최대 3년)n/a주목할만한 배당금: 6704 의 배당금( 1.63% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.76% )와 비교해 주목할 만하지 않습니다.고배당: 6704 의 배당금( 1.63% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.75% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 6704 배당금을 지급하고 있지만 회사는 수익성이 없습니다.주주 현금 배당현금 흐름 범위: 6704 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/09/02 07:00종가2024/09/02 00:00수익2024/06/30연간 수익2024/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Iwatsu Electric Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 6.7% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.9%).
Reported Earnings • Aug 11First quarter 2025 earnings released: JP¥54.63 loss per share (vs JP¥42.40 profit in 1Q 2024)First quarter 2025 results: JP¥54.63 loss per share (down from JP¥42.40 profit in 1Q 2024). Revenue: JP¥4.57b (down 9.1% from 1Q 2024). Net loss: JP¥815.0m (down 293% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,235, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 12x in the Communications industry in Japan. Total returns to shareholders of 39% over the past three years.
공고 • Jun 27Iwatsu Electric Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024Iwatsu Electric Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024
분석 기사 • Jun 04Iwatsu Electric Co., Ltd. (TSE:6704) Stock Rockets 39% As Investors Are Less Pessimistic Than ExpectedThe Iwatsu Electric Co., Ltd. ( TSE:6704 ) share price has done very well over the last month, posting an excellent...
New Risk • Jun 04New 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 11% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (49% increase in shares outstanding). Market cap is less than US$100m (JP¥13.9b market cap, or US$89.7m).
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥784, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 13x in the Communications industry in Japan. Total loss to shareholders of 12% over the past three years.
분석 기사 • May 22Why Iwatsu Electric's (TSE:6704) Healthy Earnings Aren’t As Good As They SeemIwatsu Electric Co., Ltd. ( TSE:6704 ) posted some decent earnings, but shareholders didn't react strongly. Our...
Reported Earnings • May 19Full year 2024 earnings released: EPS: JP¥45.30 (vs JP¥119 loss in FY 2023)Full year 2024 results: EPS: JP¥45.30 (up from JP¥119 loss in FY 2023). Revenue: JP¥21.3b (down 7.0% from FY 2023). Net income: JP¥526.0m (up JP¥1.71b from FY 2023). Profit margin: 2.5% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.
공고 • May 17Iwatsu Electric Co., Ltd., Annual General Meeting, Jun 27, 2024Iwatsu Electric Co., Ltd., Annual General Meeting, Jun 27, 2024.
공고 • Mar 24Iwatsu Electric Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024Iwatsu Electric Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024
New Risk • Feb 11New major risk - Revenue and earnings growthEarnings have declined by 7.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (50% increase in shares outstanding). Market cap is less than US$100m (JP¥10.1b market cap, or US$67.6m).
공고 • Dec 24Iwatsu Electric Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Iwatsu Electric Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024
New Risk • Dec 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 49% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Shareholders have been diluted in the past year (49% increase in shares outstanding). Market cap is less than US$100m (JP¥11.7b market cap, or US$81.0m).
공고 • Dec 19Iwatsu Electric Co., Ltd. announced that it has received ¥3.7142 billion in funding from Ai Holdings CorporationOn December 18, 2023, Iwatsu Electric Co., Ltd., closed the transaction.
Reported Earnings • Nov 11Second quarter 2024 earnings released: JP¥12.23 loss per share (vs JP¥2.21 loss in 2Q 2023)Second quarter 2024 results: JP¥12.23 loss per share (further deteriorated from JP¥2.21 loss in 2Q 2023). Revenue: JP¥4.99b (down 18% from 2Q 2023). Net loss: JP¥122.0m (loss widened 455% from 2Q 2023). 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.
공고 • Sep 17Iwatsu Electric Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023Iwatsu Electric Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥42.40 (vs JP¥40.22 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥42.40 (up from JP¥40.22 loss in 1Q 2023). Revenue: JP¥5.03b (up 1.8% from 1Q 2023). Net income: JP¥423.0m (up JP¥823.0m from 1Q 2023). Profit margin: 8.4% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% 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.
공고 • Jun 24Iwatsu Electric Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023Iwatsu Electric Co., Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 19Full year 2023 earnings released: JP¥119 loss per share (vs JP¥59.89 profit in FY 2022)Full year 2023 results: JP¥119 loss per share (down from JP¥59.89 profit in FY 2022). Revenue: JP¥22.9b (down 1.2% from FY 2022). Net loss: JP¥1.18b (down 299% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥43.34 loss per share (vs JP¥0.50 profit in 3Q 2022)Third quarter 2023 results: JP¥43.34 loss per share (down from JP¥0.50 profit in 3Q 2022). Revenue: JP¥5.26b (flat on 3Q 2022). Net loss: JP¥432.0m (down JP¥437.0m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공고 • Dec 28Iwatsu Electric Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Iwatsu Electric Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Yasushi Miki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 13Second quarter 2023 earnings released: JP¥2.21 loss per share (vs JP¥11.78 profit in 2Q 2022)Second quarter 2023 results: JP¥2.21 loss per share (down from JP¥11.78 profit in 2Q 2022). Revenue: JP¥6.08b (up 3.0% from 2Q 2022). Net loss: JP¥22.0m (down 119% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공고 • Sep 22Iwatsu Electric Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022Iwatsu Electric Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022
Reported Earnings • Aug 11First quarter 2023 earnings released: JP¥40.22 loss per share (vs JP¥25.90 loss in 1Q 2022)First quarter 2023 results: JP¥40.22 loss per share (down from JP¥25.90 loss in 1Q 2022). Revenue: JP¥4.94b (flat on 1Q 2022). Net loss: JP¥400.0m (loss widened 56% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Board Change • Jul 10Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Yasushi Miki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공고 • Jun 29Iwatsu Electric Co., Ltd. to Report Q1, 2023 Results on Aug 09, 2022Iwatsu Electric Co., Ltd. announced that they will report Q1, 2023 results on Aug 09, 2022
Reported Earnings • May 18Full year 2022 earnings released: EPS: JP¥59.89 (vs JP¥527 in FY 2021)Full year 2022 results: EPS: JP¥59.89 (down from JP¥527 in FY 2021). Revenue: JP¥23.2b (up 6.8% from FY 2021). Net income: JP¥595.0m (down 89% from FY 2021). Profit margin: 2.6% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses. 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 3% per year, which means it is significantly lagging earnings growth.
공고 • May 15Iwatsu Electric Co., Ltd., Annual General Meeting, Jun 24, 2022Iwatsu Electric Co., Ltd., Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Yasushi Miki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공고 • Apr 08Iwatsu Electric Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Iwatsu Electric Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 6.7% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.9%).
Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥0.50 (up from JP¥17.94 loss in 3Q 2021). Revenue: JP¥5.21b (flat on 3Q 2021). Net income: JP¥5.00m (up JP¥183.0m from 3Q 2021). Profit margin: 0.1% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥11.78 (vs JP¥8.67 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¥5.90b (up 13% from 2Q 2021). Net income: JP¥117.0m (up JP¥203.0m from 2Q 2021). Profit margin: 2.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09First quarter 2022 earnings released: JP¥25.90 loss per share (vs JP¥59.59 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¥4.92b (up 31% from 1Q 2021). Net loss: JP¥257.0m (loss narrowed 56% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥527 (vs JP¥5.75 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¥21.7b (down 2.6% from FY 2020). Net income: JP¥5.23b (up JP¥5.18b from FY 2020). Profit margin: 24% (up from 0.3% in FY 2020). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 01New 90-day high: JP¥899The company is up 6.0% from its price of JP¥845 on 01 December 2020. The Japanese market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Communications industry, which is up 1.0% over the same period.
Reported Earnings • Feb 14Third quarter 2021 earnings released: JP¥17.94 loss per share (vs JP¥19.37 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥5.18b (up 9.7% from 3Q 2020). Net loss: JP¥178.0m (loss narrowed 7.3% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 03New 90-day high: JP¥862The company is up 1.0% from its price of JP¥852 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 2.0% over the same period.
공고 • Dec 26Iwatsu Electric Co., Ltd. to Report Q3, 2021 Results on Feb 12, 2021Iwatsu Electric Co., Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021
공고 • Oct 10Iwatsu Electric Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020Iwatsu Electric Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020