View Financial HealthSumida 배당 및 자사주 매입배당 기준 점검 4/6Sumida 수익으로 충분히 충당되는 현재 수익률 3.68% 보유한 배당금 지급 회사입니다. 다음 지급일은 27th August, 2026 이며 배당락일은 다음과 같습니다. 29th June, 2026.핵심 정보3.7%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률7.5%다음 배당 지급일27 Aug 26배당락일29 Jun 26주당 배당금n/a배당 성향47%최근 배당 및 자사주 매입 업데이트Declared Dividend • Apr 11Final dividend of JP¥26.00 announcedDividend of JP¥26.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 27th August 2026 Dividend yield will be 4.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Feb 21Sumida Corporation Announces Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 6, 2026SUMIDA CORPORATION announced that it has resolved, at a meeting of the Board of Directors held on February 20, 2026, to pay a year-end dividend from the retained earnings for the fiscal year ended December 31, 2025. The details are as follows. Dividend amount is JPY 27 per share. Record date December 31, 2025. Effective date is March 6, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).분석 기사 • Dec 04Sumida (TSE:6817) Is Paying Out A Dividend Of ¥27.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend of ¥27.00 per share on the 6th...분석 기사 • Aug 28Sumida's (TSE:6817) Dividend Will Be ¥27.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend on the 6th of March, with...Declared Dividend • Aug 28First half dividend of JP¥27.00 announcedDividend of JP¥27.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 6th March 2026 Dividend yield will be 5.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is well covered by cash flows (22% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.9% to bring the payout ratio under control, which is less than the 78% EPS growth achieved over the last 5 years.모든 업데이트 보기Recent updatesReported Earnings • May 01First quarter 2026 earnings released: EPS: JP¥21.95 (vs JP¥17.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥21.95 (up from JP¥17.70 in 1Q 2025). Revenue: JP¥38.4b (up 8.6% from 1Q 2025). Net income: JP¥726.0m (up 24% from 1Q 2025). Profit margin: 1.9% (up from 1.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공시 • Apr 21Sumida Corporation to Report Q1, 2026 Results on Apr 30, 2026Sumida Corporation announced that they will report Q1, 2026 results on Apr 30, 2026Declared Dividend • Apr 11Final dividend of JP¥26.00 announcedDividend of JP¥26.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 27th August 2026 Dividend yield will be 4.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Feb 21Sumida Corporation Announces Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 6, 2026SUMIDA CORPORATION announced that it has resolved, at a meeting of the Board of Directors held on February 20, 2026, to pay a year-end dividend from the retained earnings for the fiscal year ended December 31, 2025. The details are as follows. Dividend amount is JPY 27 per share. Record date December 31, 2025. Effective date is March 6, 2026.Reported Earnings • Feb 07Full year 2025 earnings released: EPS: JP¥109 (vs JP¥17.94 in FY 2024)Full year 2025 results: EPS: JP¥109 (up from JP¥17.94 in FY 2024). Revenue: JP¥147.2b (up 2.2% from FY 2024). Net income: JP¥3.62b (up JP¥3.03b from FY 2024). Profit margin: 2.5% (up from 0.4% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 55% 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 • Feb 06Sumida Corporation, Annual General Meeting, Mar 26, 2026Sumida Corporation, Annual General Meeting, Mar 26, 2026.Upcoming Dividend • Dec 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).분석 기사 • Dec 04Sumida (TSE:6817) Is Paying Out A Dividend Of ¥27.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend of ¥27.00 per share on the 6th...공시 • Dec 03Sumida Corporation to Report Fiscal Year 2025 Results on Feb 06, 2026Sumida Corporation announced that they will report fiscal year 2025 results on Feb 06, 2026New Risk • Nov 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: JP¥30.55 (vs JP¥22.88 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.55 (up from JP¥22.88 in 3Q 2024). Revenue: JP¥36.9b (up 1.2% from 3Q 2024). Net income: JP¥1.01b (up 34% from 3Q 2024). Profit margin: 2.7% (up from 2.1% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.분석 기사 • Aug 28Sumida's (TSE:6817) Dividend Will Be ¥27.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend on the 6th of March, with...Declared Dividend • Aug 28First half dividend of JP¥27.00 announcedDividend of JP¥27.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 6th March 2026 Dividend yield will be 5.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is well covered by cash flows (22% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.9% to bring the payout ratio under control, which is less than the 78% EPS growth achieved over the last 5 years.분석 기사 • Aug 20We Think You Can Look Beyond Sumida's (TSE:6817) Lackluster EarningsTSE:6817 1 Year Share Price vs Fair Value Explore Sumida's Fair Values from the Community and select yours Shareholders...New Risk • Aug 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Aug 02Second quarter 2025 earnings released: EPS: JP¥32.73 (vs JP¥4.17 in 2Q 2024)Second quarter 2025 results: EPS: JP¥32.73 (up from JP¥4.17 in 2Q 2024). Revenue: JP¥35.8b (down 2.6% from 2Q 2024). Net income: JP¥1.08b (up JP¥945.0m from 2Q 2024). Profit margin: 3.0% (up from 0.4% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.New Risk • Aug 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Buy Or Sell Opportunity • Jul 28Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.0% to JP¥1,003. The fair value is estimated to be JP¥835, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 25%.Upcoming Dividend • Jun 20Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 27 August 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%).분석 기사 • May 07Even With A 27% Surge, Cautious Investors Are Not Rewarding Sumida Corporation's (TSE:6817) Performance CompletelySumida Corporation ( TSE:6817 ) shareholders would be excited to see that the share price has had a great month...분석 기사 • May 06Sumida (TSE:6817) Has Affirmed Its Dividend Of ¥26.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend of ¥26.00 per share on the 27th...Reported Earnings • May 01First quarter 2025 earnings released: EPS: JP¥17.70 (vs JP¥10.67 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.70 (up from JP¥10.67 in 1Q 2024). Revenue: JP¥35.4b (down 2.5% from 1Q 2024). Net income: JP¥585.0m (up 68% from 1Q 2024). Profit margin: 1.7% (up from 1.0% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Declared Dividend • Apr 11Final dividend of JP¥26.00 announcedShareholders will receive a dividend of JP¥26.00. Ex-date: 27th June 2025 Payment date: 27th August 2025 Dividend yield will be 6.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (296% earnings payout ratio). However, it is well covered by cash flows (30% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 228% to bring the payout ratio under control. However, EPS has declined by 21% over the last 5 years so the company would need to reverse this trend.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥769, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 4.3% over the past three years.공시 • Mar 28Sumida Corporation Appoints Members of the CommitteesSumida Corporation announced at its AGM held on March 26, 2025, the Board of Directors of the Company appointed the members of the committees and Executive Officers by resolution as follows. Nomination Committee: Tatsuo Umemoto; Yan Hok Fan; Shigeyuki Yawata; Albert Kirchmann; Yoshiyuki Honda. Audit Committee: Ryo Hayakawa; Sawako Ueno; Yoshiyuki Honda; Junko Dochi. Compensation Committee: Tatsuo Umemoto; Yan Hok; Fan Shigeyuki Yawata; Albert Kirchmann; Yoshiyuki Honda.New Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Dividend is not well covered by earnings (91% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).공시 • Feb 21Sumida Corporation Announces Year-End Dividend for the Fiscal Year Ended December 31, 2024, Effective March 6, 2025Sumida Corporation announced that it has resolved, at a meeting of the Board of Directors held on February 21, 2025, to pay a year-end dividend from the retained earnings for the fiscal year ended December 31, 2024. The details are as follows: Dividend: JPY 27 per share, Total amount of dividend: JPY 892 million, Record date: December 31, 2024 and Effective date: March 6, 2025.Reported Earnings • Feb 08Full year 2024 earnings released: EPS: JP¥17.94 (vs JP¥167 in FY 2023)Full year 2024 results: EPS: JP¥17.94 (down from JP¥167 in FY 2023). Revenue: JP¥144.0b (down 2.5% from FY 2023). Net income: JP¥590.0m (down 88% from FY 2023). Profit margin: 0.4% (down from 3.4% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Feb 07+ 4 more updatesSumida Corporation, Annual General Meeting, Mar 26, 2025Sumida Corporation, Annual General Meeting, Mar 26, 2025.분석 기사 • Dec 20Sumida (TSE:6817) Use Of Debt Could Be Considered RiskyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Upcoming Dividend • Dec 20Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 06 March 2025. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 6.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).공시 • Dec 03Sumida Corporation to Report Fiscal Year 2024 Results on Feb 07, 2025Sumida Corporation announced that they will report fiscal year 2024 results on Feb 07, 2025분석 기사 • Nov 08Sumida's (TSE:6817) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe subdued market reaction suggests that Sumida Corporation's ( TSE:6817 ) recent earnings didn't contain any...Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: JP¥22.88 (vs JP¥33.19 in 3Q 2023)Third quarter 2024 results: EPS: JP¥22.88 (down from JP¥33.19 in 3Q 2023). Revenue: JP¥36.5b (down 3.3% from 3Q 2023). Net income: JP¥756.0m (down 30% from 3Q 2023). Profit margin: 2.1% (down from 2.9% in 3Q 2023). 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 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 33% over the past three years.분석 기사 • Aug 06Some Confidence Is Lacking In Sumida Corporation (TSE:6817) As Shares Slide 31%The Sumida Corporation ( TSE:6817 ) share price has fared very poorly over the last month, falling by a substantial...Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: JP¥4.20 (vs JP¥71.83 in 2Q 2023)Second quarter 2024 results: EPS: JP¥4.20 (down from JP¥71.83 in 2Q 2023). Revenue: JP¥36.8b (down 2.4% from 2Q 2023). Net income: JP¥138.0m (down 93% from 2Q 2023). Profit margin: 0.4% (down from 5.4% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Declared Dividend • Aug 02First half dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 27th December 2024 Payment date: 6th March 2025 Dividend yield will be 5.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Upcoming Dividend • Jun 20Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 28 August 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.4%).분석 기사 • May 10Sumida (TSE:6817) Is Due To Pay A Dividend Of ¥26.00Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend of ¥26.00 per share on the 28th of August...Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥10.67 (vs JP¥45.38 in 1Q 2023)First quarter 2024 results: EPS: JP¥10.67 (down from JP¥45.38 in 1Q 2023). Revenue: JP¥36.3b (up 2.1% from 1Q 2023). Net income: JP¥348.0m (down 72% from 1Q 2023). Profit margin: 1.0% (down from 3.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • May 01+ 1 more updateSumida Corporation to Report Q2, 2024 Results on Jul 31, 2024Sumida Corporation announced that they will report Q2, 2024 results on Jul 31, 2024분석 기사 • Apr 26Sumida (TSE:6817) Has Announced A Dividend Of ¥26.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend on the 28th of August, with...분석 기사 • Apr 11Sumida (TSE:6817) Will Pay A Dividend Of ¥26.00Sumida Corporation's ( TSE:6817 ) investors are due to receive a payment of ¥26.00 per share on 28th of August. This...Board Change • Apr 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Yoshiyuki Honda was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.분석 기사 • Mar 29Sumida (TSE:6817) Strong Profits May Be Masking Some Underlying IssuesSumida Corporation's ( TSE:6817 ) healthy profit numbers didn't contain any surprises for investors. We believe that...Reported Earnings • Mar 27Full year 2023 earnings released: EPS: JP¥167 (vs JP¥188 in FY 2022)Full year 2023 results: EPS: JP¥167 (down from JP¥188 in FY 2022). Revenue: JP¥147.7b (up 6.5% from FY 2022). Net income: JP¥5.06b (flat on FY 2022). Profit margin: 3.4% (down from 3.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Mar 03Sumida Corporation to Report Q1, 2024 Results on Apr 30, 2024Sumida Corporation announced that they will report Q1, 2024 results on Apr 30, 2024Reported Earnings • Feb 09Full year 2023 earnings released: EPS: JP¥167 (vs JP¥188 in FY 2022)Full year 2023 results: EPS: JP¥167 (down from JP¥188 in FY 2022). Revenue: JP¥147.7b (up 6.5% from FY 2022). Net income: JP¥5.06b (flat on FY 2022). Profit margin: 3.4% (down from 3.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Feb 07Sumida Corporation, Annual General Meeting, Mar 26, 2024Sumida Corporation, Annual General Meeting, Mar 26, 2024.Upcoming Dividend • Dec 21Upcoming dividend of JP¥24.00 per share at 4.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 04 March 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).공시 • Dec 05Sumida Corporation to Report Fiscal Year 2023 Results on Feb 07, 2024Sumida Corporation announced that they will report fiscal year 2023 results on Feb 07, 2024Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: JP¥33.17 (vs JP¥76.30 in 3Q 2022)Third quarter 2023 results: EPS: JP¥33.17 (down from JP¥76.30 in 3Q 2022). Revenue: JP¥37.7b (down 2.7% from 3Q 2022). Net income: JP¥1.08b (down 48% from 3Q 2022). Profit margin: 2.9% (down from 5.4% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: JP¥71.85 (vs JP¥22.73 in 2Q 2022)Second quarter 2023 results: EPS: JP¥71.85 (up from JP¥22.73 in 2Q 2022). Revenue: JP¥37.7b (up 15% from 2Q 2022). Net income: JP¥2.04b (up 231% from 2Q 2022). Profit margin: 5.4% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jun 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.6%. The fair value is estimated to be JP¥1,779, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 60%.Upcoming Dividend • Jun 22Upcoming dividend of JP¥23.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 August 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%).New Risk • Jun 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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: Minor Risks High level of debt (103% 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 (7.3% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).Buying Opportunity • May 23Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be JP¥1,924, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 60%.Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,373, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 107% over the past three years.Buying Opportunity • May 01Now 23% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥2,071, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 60%.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: JP¥188 (vs JP¥96.68 in FY 2021)Full year 2022 results: EPS: JP¥188 (up from JP¥96.68 in FY 2021). Revenue: JP¥138.6b (up 32% from FY 2021). Net income: JP¥5.10b (up 94% from FY 2021). Profit margin: 3.7% (up from 2.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥188 (vs JP¥96.68 in FY 2021)Full year 2022 results: EPS: JP¥188 (up from JP¥96.68 in FY 2021). Revenue: JP¥138.6b (up 32% from FY 2021). Net income: JP¥5.10b (up 94% from FY 2021). Profit margin: 3.7% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Feb 10Sumida Corporation, Annual General Meeting, Mar 27, 2023Sumida Corporation, Annual General Meeting, Mar 27, 2023.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,665, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 49% over the past three years.공시 • Jan 16+ 2 more updatesSumida Corporation to Report Q1, 2023 Results on Apr 28, 2023Sumida Corporation announced that they will report Q1, 2023 results on Apr 28, 2023Upcoming Dividend • Dec 22Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 03 March 2023. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).공시 • Dec 08Sumida Corporation to Report Fiscal Year 2022 Results on Feb 07, 2023Sumida Corporation announced that they will report fiscal year 2022 results on Feb 07, 2023Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥76.30 (vs JP¥32.91 in 3Q 2021)Third quarter 2022 results: EPS: JP¥76.30 (up from JP¥32.91 in 3Q 2021). Revenue: JP¥38.8b (up 45% from 3Q 2021). Net income: JP¥2.08b (up 132% from 3Q 2021). Profit margin: 5.4% (up from 3.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% 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 02Third quarter 2022 earnings released: EPS: JP¥76.34 (vs JP¥32.91 in 3Q 2021)Third quarter 2022 results: EPS: JP¥76.34 (up from JP¥32.91 in 3Q 2021). Revenue: JP¥38.8b (up 45% from 3Q 2021). Net income: JP¥2.08b (up 132% from 3Q 2021). Profit margin: 5.4% (up from 3.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥1,135, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 6.3% over the past three years.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: JP¥22.73 (vs JP¥41.70 in 2Q 2021)Second quarter 2022 results: EPS: JP¥22.73 (down from JP¥41.70 in 2Q 2021). Revenue: JP¥32.6b (up 27% from 2Q 2021). Net income: JP¥618.0m (down 46% from 2Q 2021). Profit margin: 1.9% (down from 4.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공시 • Jun 22+ 1 more updateSumida Corporation to Report Q2, 2022 Results on Jul 29, 2022Sumida Corporation announced that they will report Q2, 2022 results on Jul 29, 2022Upcoming Dividend • Jun 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: JP¥12.47 (vs JP¥23.69 in 1Q 2021)First quarter 2022 results: EPS: JP¥12.47 (down from JP¥23.69 in 1Q 2021). Revenue: JP¥29.6b (up 18% from 1Q 2021). Net income: JP¥339.0m (down 47% from 1Q 2021). Profit margin: 1.1% (down from 2.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.공시 • Apr 08Sumida Corporation to Report Q1, 2022 Results on Apr 28, 2022Sumida Corporation announced that they will report Q1, 2022 results on Apr 28, 2022Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥772, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 43% over the past three years.Reported Earnings • Feb 07Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥96.68 (up from JP¥30.49 in FY 2020). Revenue: JP¥104.9b (up 24% from FY 2020). Net income: JP¥2.63b (up 217% from FY 2020). Profit margin: 2.5% (up from 1.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공시 • Feb 06Sumida Corporation, Annual General Meeting, Mar 25, 2022Sumida Corporation, Annual General Meeting, Mar 25, 2022.Upcoming Dividend • Dec 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 03 March 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.1%).Valuation Update With 7 Day Price Move • Nov 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,122, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 23% over the past three years.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,243, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 14x in the Electronic industry in Japan. Total loss to shareholders of 5.5% over the past three years.Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS JP¥41.74 (vs JP¥33.18 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥25.8b (up 46% from 2Q 2020). Net income: JP¥1.14b (up JP¥2.04b from 2Q 2020). Profit margin: 4.4% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% 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.Reported Earnings • May 01First quarter 2021 earnings released: EPS JP¥23.69 (vs JP¥17.72 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥25.0b (up 22% from 1Q 2020). Net income: JP¥644.0m (up JP¥1.13b from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% 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.Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,159, the stock is trading at a trailing P/E ratio of 38x, up from the previous P/E ratio of 32.9x. This compares to an average P/E of 17x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 24%.공시 • Feb 28Sumida Corporation to Report Q1, 2021 Results on Apr 28, 2021Sumida Corporation announced that they will report Q1, 2021 results on Apr 28, 2021Is New 90 Day High Low • Feb 26New 90-day low: JP¥950The company is down 11% from its price of JP¥1,072 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.공시 • Feb 10Sumida Corporation, Annual General Meeting, Mar 25, 2021Sumida Corporation, Annual General Meeting, Mar 25, 2021.Reported Earnings • Feb 10Full year 2020 earnings released: EPS JP¥30.49 (vs JP¥58.33 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥84.4b (down 11% from FY 2019). Net income: JP¥828.0m (down 48% from FY 2019). Profit margin: 1.0% (down from 1.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 70% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.공시 • Dec 19Sumida Corporation to Report Fiscal Year 2020 Results on Feb 05, 2021Sumida Corporation announced that they will report fiscal year 2020 results on Feb 05, 2021예정된 배당 지급오늘May 28 2026배당락일Jun 29 2026배당 지급일Aug 27 202659 days (배당락일 기준)다음 배당금을 받으려면 앞으로 31 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 6817 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 6817 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Sumida 배당 수익률 vs 시장6817의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (6817)3.7%시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.7%업계 평균 (Electronic)1.2%분석가 예측 (6817) (최대 3년)n/a주목할만한 배당금: 6817 의 배당금( 3.68% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.74% )보다 높습니다.고배당: 6817 의 배당금( 3.68% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.75% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 46.6% )로 6817 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 19.2% )이 낮기 때문에 6817 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/28 17:13종가2026/05/28 00:00수익2026/03/31연간 수익2025/12/31데이터 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 소스Sumida Corporation는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hideaki AyabeDaiwa Securities Co. Ltd.Jie DaiSMBC NIKKOMasanori MizutaTIW
Declared Dividend • Apr 11Final dividend of JP¥26.00 announcedDividend of JP¥26.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 27th August 2026 Dividend yield will be 4.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Feb 21Sumida Corporation Announces Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 6, 2026SUMIDA CORPORATION announced that it has resolved, at a meeting of the Board of Directors held on February 20, 2026, to pay a year-end dividend from the retained earnings for the fiscal year ended December 31, 2025. The details are as follows. Dividend amount is JPY 27 per share. Record date December 31, 2025. Effective date is March 6, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
분석 기사 • Dec 04Sumida (TSE:6817) Is Paying Out A Dividend Of ¥27.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend of ¥27.00 per share on the 6th...
분석 기사 • Aug 28Sumida's (TSE:6817) Dividend Will Be ¥27.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend on the 6th of March, with...
Declared Dividend • Aug 28First half dividend of JP¥27.00 announcedDividend of JP¥27.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 6th March 2026 Dividend yield will be 5.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is well covered by cash flows (22% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.9% to bring the payout ratio under control, which is less than the 78% EPS growth achieved over the last 5 years.
Reported Earnings • May 01First quarter 2026 earnings released: EPS: JP¥21.95 (vs JP¥17.70 in 1Q 2025)First quarter 2026 results: EPS: JP¥21.95 (up from JP¥17.70 in 1Q 2025). Revenue: JP¥38.4b (up 8.6% from 1Q 2025). Net income: JP¥726.0m (up 24% from 1Q 2025). Profit margin: 1.9% (up from 1.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공시 • Apr 21Sumida Corporation to Report Q1, 2026 Results on Apr 30, 2026Sumida Corporation announced that they will report Q1, 2026 results on Apr 30, 2026
Declared Dividend • Apr 11Final dividend of JP¥26.00 announcedDividend of JP¥26.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 27th August 2026 Dividend yield will be 4.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Feb 21Sumida Corporation Announces Dividend for the Fiscal Year Ended December 31, 2025, Payable on March 6, 2026SUMIDA CORPORATION announced that it has resolved, at a meeting of the Board of Directors held on February 20, 2026, to pay a year-end dividend from the retained earnings for the fiscal year ended December 31, 2025. The details are as follows. Dividend amount is JPY 27 per share. Record date December 31, 2025. Effective date is March 6, 2026.
Reported Earnings • Feb 07Full year 2025 earnings released: EPS: JP¥109 (vs JP¥17.94 in FY 2024)Full year 2025 results: EPS: JP¥109 (up from JP¥17.94 in FY 2024). Revenue: JP¥147.2b (up 2.2% from FY 2024). Net income: JP¥3.62b (up JP¥3.03b from FY 2024). Profit margin: 2.5% (up from 0.4% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 55% 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 • Feb 06Sumida Corporation, Annual General Meeting, Mar 26, 2026Sumida Corporation, Annual General Meeting, Mar 26, 2026.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
분석 기사 • Dec 04Sumida (TSE:6817) Is Paying Out A Dividend Of ¥27.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend of ¥27.00 per share on the 6th...
공시 • Dec 03Sumida Corporation to Report Fiscal Year 2025 Results on Feb 06, 2026Sumida Corporation announced that they will report fiscal year 2025 results on Feb 06, 2026
New Risk • Nov 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 01Third quarter 2025 earnings released: EPS: JP¥30.55 (vs JP¥22.88 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.55 (up from JP¥22.88 in 3Q 2024). Revenue: JP¥36.9b (up 1.2% from 3Q 2024). Net income: JP¥1.01b (up 34% from 3Q 2024). Profit margin: 2.7% (up from 2.1% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
분석 기사 • Aug 28Sumida's (TSE:6817) Dividend Will Be ¥27.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend on the 6th of March, with...
Declared Dividend • Aug 28First half dividend of JP¥27.00 announcedDividend of JP¥27.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 6th March 2026 Dividend yield will be 5.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is well covered by cash flows (22% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.9% to bring the payout ratio under control, which is less than the 78% EPS growth achieved over the last 5 years.
분석 기사 • Aug 20We Think You Can Look Beyond Sumida's (TSE:6817) Lackluster EarningsTSE:6817 1 Year Share Price vs Fair Value Explore Sumida's Fair Values from the Community and select yours Shareholders...
New Risk • Aug 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Aug 02Second quarter 2025 earnings released: EPS: JP¥32.73 (vs JP¥4.17 in 2Q 2024)Second quarter 2025 results: EPS: JP¥32.73 (up from JP¥4.17 in 2Q 2024). Revenue: JP¥35.8b (down 2.6% from 2Q 2024). Net income: JP¥1.08b (up JP¥945.0m from 2Q 2024). Profit margin: 3.0% (up from 0.4% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
New Risk • Aug 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Buy Or Sell Opportunity • Jul 28Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.0% to JP¥1,003. The fair value is estimated to be JP¥835, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 25%.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 27 August 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%).
분석 기사 • May 07Even With A 27% Surge, Cautious Investors Are Not Rewarding Sumida Corporation's (TSE:6817) Performance CompletelySumida Corporation ( TSE:6817 ) shareholders would be excited to see that the share price has had a great month...
분석 기사 • May 06Sumida (TSE:6817) Has Affirmed Its Dividend Of ¥26.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend of ¥26.00 per share on the 27th...
Reported Earnings • May 01First quarter 2025 earnings released: EPS: JP¥17.70 (vs JP¥10.67 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.70 (up from JP¥10.67 in 1Q 2024). Revenue: JP¥35.4b (down 2.5% from 1Q 2024). Net income: JP¥585.0m (up 68% from 1Q 2024). Profit margin: 1.7% (up from 1.0% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Declared Dividend • Apr 11Final dividend of JP¥26.00 announcedShareholders will receive a dividend of JP¥26.00. Ex-date: 27th June 2025 Payment date: 27th August 2025 Dividend yield will be 6.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (296% earnings payout ratio). However, it is well covered by cash flows (30% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 228% to bring the payout ratio under control. However, EPS has declined by 21% over the last 5 years so the company would need to reverse this trend.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥769, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 4.3% over the past three years.
공시 • Mar 28Sumida Corporation Appoints Members of the CommitteesSumida Corporation announced at its AGM held on March 26, 2025, the Board of Directors of the Company appointed the members of the committees and Executive Officers by resolution as follows. Nomination Committee: Tatsuo Umemoto; Yan Hok Fan; Shigeyuki Yawata; Albert Kirchmann; Yoshiyuki Honda. Audit Committee: Ryo Hayakawa; Sawako Ueno; Yoshiyuki Honda; Junko Dochi. Compensation Committee: Tatsuo Umemoto; Yan Hok; Fan Shigeyuki Yawata; Albert Kirchmann; Yoshiyuki Honda.
New Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Dividend is not well covered by earnings (91% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).
공시 • Feb 21Sumida Corporation Announces Year-End Dividend for the Fiscal Year Ended December 31, 2024, Effective March 6, 2025Sumida Corporation announced that it has resolved, at a meeting of the Board of Directors held on February 21, 2025, to pay a year-end dividend from the retained earnings for the fiscal year ended December 31, 2024. The details are as follows: Dividend: JPY 27 per share, Total amount of dividend: JPY 892 million, Record date: December 31, 2024 and Effective date: March 6, 2025.
Reported Earnings • Feb 08Full year 2024 earnings released: EPS: JP¥17.94 (vs JP¥167 in FY 2023)Full year 2024 results: EPS: JP¥17.94 (down from JP¥167 in FY 2023). Revenue: JP¥144.0b (down 2.5% from FY 2023). Net income: JP¥590.0m (down 88% from FY 2023). Profit margin: 0.4% (down from 3.4% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Feb 07+ 4 more updatesSumida Corporation, Annual General Meeting, Mar 26, 2025Sumida Corporation, Annual General Meeting, Mar 26, 2025.
분석 기사 • Dec 20Sumida (TSE:6817) Use Of Debt Could Be Considered RiskyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Upcoming Dividend • Dec 20Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 06 March 2025. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 6.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
공시 • Dec 03Sumida Corporation to Report Fiscal Year 2024 Results on Feb 07, 2025Sumida Corporation announced that they will report fiscal year 2024 results on Feb 07, 2025
분석 기사 • Nov 08Sumida's (TSE:6817) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe subdued market reaction suggests that Sumida Corporation's ( TSE:6817 ) recent earnings didn't contain any...
Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: JP¥22.88 (vs JP¥33.19 in 3Q 2023)Third quarter 2024 results: EPS: JP¥22.88 (down from JP¥33.19 in 3Q 2023). Revenue: JP¥36.5b (down 3.3% from 3Q 2023). Net income: JP¥756.0m (down 30% from 3Q 2023). Profit margin: 2.1% (down from 2.9% in 3Q 2023). 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 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 33% over the past three years.
분석 기사 • Aug 06Some Confidence Is Lacking In Sumida Corporation (TSE:6817) As Shares Slide 31%The Sumida Corporation ( TSE:6817 ) share price has fared very poorly over the last month, falling by a substantial...
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: JP¥4.20 (vs JP¥71.83 in 2Q 2023)Second quarter 2024 results: EPS: JP¥4.20 (down from JP¥71.83 in 2Q 2023). Revenue: JP¥36.8b (down 2.4% from 2Q 2023). Net income: JP¥138.0m (down 93% from 2Q 2023). Profit margin: 0.4% (down from 5.4% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Declared Dividend • Aug 02First half dividend of JP¥27.00 announcedShareholders will receive a dividend of JP¥27.00. Ex-date: 27th December 2024 Payment date: 6th March 2025 Dividend yield will be 5.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 28 August 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.4%).
분석 기사 • May 10Sumida (TSE:6817) Is Due To Pay A Dividend Of ¥26.00Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend of ¥26.00 per share on the 28th of August...
Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥10.67 (vs JP¥45.38 in 1Q 2023)First quarter 2024 results: EPS: JP¥10.67 (down from JP¥45.38 in 1Q 2023). Revenue: JP¥36.3b (up 2.1% from 1Q 2023). Net income: JP¥348.0m (down 72% from 1Q 2023). Profit margin: 1.0% (down from 3.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • May 01+ 1 more updateSumida Corporation to Report Q2, 2024 Results on Jul 31, 2024Sumida Corporation announced that they will report Q2, 2024 results on Jul 31, 2024
분석 기사 • Apr 26Sumida (TSE:6817) Has Announced A Dividend Of ¥26.00The board of Sumida Corporation ( TSE:6817 ) has announced that it will pay a dividend on the 28th of August, with...
분석 기사 • Apr 11Sumida (TSE:6817) Will Pay A Dividend Of ¥26.00Sumida Corporation's ( TSE:6817 ) investors are due to receive a payment of ¥26.00 per share on 28th of August. This...
Board Change • Apr 11High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Yoshiyuki Honda was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
분석 기사 • Mar 29Sumida (TSE:6817) Strong Profits May Be Masking Some Underlying IssuesSumida Corporation's ( TSE:6817 ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Reported Earnings • Mar 27Full year 2023 earnings released: EPS: JP¥167 (vs JP¥188 in FY 2022)Full year 2023 results: EPS: JP¥167 (down from JP¥188 in FY 2022). Revenue: JP¥147.7b (up 6.5% from FY 2022). Net income: JP¥5.06b (flat on FY 2022). Profit margin: 3.4% (down from 3.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Mar 03Sumida Corporation to Report Q1, 2024 Results on Apr 30, 2024Sumida Corporation announced that they will report Q1, 2024 results on Apr 30, 2024
Reported Earnings • Feb 09Full year 2023 earnings released: EPS: JP¥167 (vs JP¥188 in FY 2022)Full year 2023 results: EPS: JP¥167 (down from JP¥188 in FY 2022). Revenue: JP¥147.7b (up 6.5% from FY 2022). Net income: JP¥5.06b (flat on FY 2022). Profit margin: 3.4% (down from 3.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Feb 07Sumida Corporation, Annual General Meeting, Mar 26, 2024Sumida Corporation, Annual General Meeting, Mar 26, 2024.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥24.00 per share at 4.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 04 March 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
공시 • Dec 05Sumida Corporation to Report Fiscal Year 2023 Results on Feb 07, 2024Sumida Corporation announced that they will report fiscal year 2023 results on Feb 07, 2024
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: JP¥33.17 (vs JP¥76.30 in 3Q 2022)Third quarter 2023 results: EPS: JP¥33.17 (down from JP¥76.30 in 3Q 2022). Revenue: JP¥37.7b (down 2.7% from 3Q 2022). Net income: JP¥1.08b (down 48% from 3Q 2022). Profit margin: 2.9% (down from 5.4% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 01Second quarter 2023 earnings released: EPS: JP¥71.85 (vs JP¥22.73 in 2Q 2022)Second quarter 2023 results: EPS: JP¥71.85 (up from JP¥22.73 in 2Q 2022). Revenue: JP¥37.7b (up 15% from 2Q 2022). Net income: JP¥2.04b (up 231% from 2Q 2022). Profit margin: 5.4% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jun 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.6%. The fair value is estimated to be JP¥1,779, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 60%.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥23.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 August 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%).
New Risk • Jun 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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: Minor Risks High level of debt (103% 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 (7.3% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).
Buying Opportunity • May 23Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be JP¥1,924, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 60%.
Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,373, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 107% over the past three years.
Buying Opportunity • May 01Now 23% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥2,071, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 60%.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: JP¥188 (vs JP¥96.68 in FY 2021)Full year 2022 results: EPS: JP¥188 (up from JP¥96.68 in FY 2021). Revenue: JP¥138.6b (up 32% from FY 2021). Net income: JP¥5.10b (up 94% from FY 2021). Profit margin: 3.7% (up from 2.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥188 (vs JP¥96.68 in FY 2021)Full year 2022 results: EPS: JP¥188 (up from JP¥96.68 in FY 2021). Revenue: JP¥138.6b (up 32% from FY 2021). Net income: JP¥5.10b (up 94% from FY 2021). Profit margin: 3.7% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Feb 10Sumida Corporation, Annual General Meeting, Mar 27, 2023Sumida Corporation, Annual General Meeting, Mar 27, 2023.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,665, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 49% over the past three years.
공시 • Jan 16+ 2 more updatesSumida Corporation to Report Q1, 2023 Results on Apr 28, 2023Sumida Corporation announced that they will report Q1, 2023 results on Apr 28, 2023
Upcoming Dividend • Dec 22Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 03 March 2023. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).
공시 • Dec 08Sumida Corporation to Report Fiscal Year 2022 Results on Feb 07, 2023Sumida Corporation announced that they will report fiscal year 2022 results on Feb 07, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥76.30 (vs JP¥32.91 in 3Q 2021)Third quarter 2022 results: EPS: JP¥76.30 (up from JP¥32.91 in 3Q 2021). Revenue: JP¥38.8b (up 45% from 3Q 2021). Net income: JP¥2.08b (up 132% from 3Q 2021). Profit margin: 5.4% (up from 3.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% 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 02Third quarter 2022 earnings released: EPS: JP¥76.34 (vs JP¥32.91 in 3Q 2021)Third quarter 2022 results: EPS: JP¥76.34 (up from JP¥32.91 in 3Q 2021). Revenue: JP¥38.8b (up 45% from 3Q 2021). Net income: JP¥2.08b (up 132% from 3Q 2021). Profit margin: 5.4% (up from 3.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥1,135, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 6.3% over the past three years.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: JP¥22.73 (vs JP¥41.70 in 2Q 2021)Second quarter 2022 results: EPS: JP¥22.73 (down from JP¥41.70 in 2Q 2021). Revenue: JP¥32.6b (up 27% from 2Q 2021). Net income: JP¥618.0m (down 46% from 2Q 2021). Profit margin: 1.9% (down from 4.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공시 • Jun 22+ 1 more updateSumida Corporation to Report Q2, 2022 Results on Jul 29, 2022Sumida Corporation announced that they will report Q2, 2022 results on Jul 29, 2022
Upcoming Dividend • Jun 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: JP¥12.47 (vs JP¥23.69 in 1Q 2021)First quarter 2022 results: EPS: JP¥12.47 (down from JP¥23.69 in 1Q 2021). Revenue: JP¥29.6b (up 18% from 1Q 2021). Net income: JP¥339.0m (down 47% from 1Q 2021). Profit margin: 1.1% (down from 2.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
공시 • Apr 08Sumida Corporation to Report Q1, 2022 Results on Apr 28, 2022Sumida Corporation announced that they will report Q1, 2022 results on Apr 28, 2022
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥772, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 43% over the past three years.
Reported Earnings • Feb 07Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥96.68 (up from JP¥30.49 in FY 2020). Revenue: JP¥104.9b (up 24% from FY 2020). Net income: JP¥2.63b (up 217% from FY 2020). Profit margin: 2.5% (up from 1.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공시 • Feb 06Sumida Corporation, Annual General Meeting, Mar 25, 2022Sumida Corporation, Annual General Meeting, Mar 25, 2022.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 03 March 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.1%).
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,122, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 23% over the past three years.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,243, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 14x in the Electronic industry in Japan. Total loss to shareholders of 5.5% over the past three years.
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS JP¥41.74 (vs JP¥33.18 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥25.8b (up 46% from 2Q 2020). Net income: JP¥1.14b (up JP¥2.04b from 2Q 2020). Profit margin: 4.4% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% 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.
Reported Earnings • May 01First quarter 2021 earnings released: EPS JP¥23.69 (vs JP¥17.72 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥25.0b (up 22% from 1Q 2020). Net income: JP¥644.0m (up JP¥1.13b from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% 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.
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,159, the stock is trading at a trailing P/E ratio of 38x, up from the previous P/E ratio of 32.9x. This compares to an average P/E of 17x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 24%.
공시 • Feb 28Sumida Corporation to Report Q1, 2021 Results on Apr 28, 2021Sumida Corporation announced that they will report Q1, 2021 results on Apr 28, 2021
Is New 90 Day High Low • Feb 26New 90-day low: JP¥950The company is down 11% from its price of JP¥1,072 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.
공시 • Feb 10Sumida Corporation, Annual General Meeting, Mar 25, 2021Sumida Corporation, Annual General Meeting, Mar 25, 2021.
Reported Earnings • Feb 10Full year 2020 earnings released: EPS JP¥30.49 (vs JP¥58.33 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥84.4b (down 11% from FY 2019). Net income: JP¥828.0m (down 48% from FY 2019). Profit margin: 1.0% (down from 1.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 70% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
공시 • Dec 19Sumida Corporation to Report Fiscal Year 2020 Results on Feb 05, 2021Sumida Corporation announced that they will report fiscal year 2020 results on Feb 05, 2021