View Future GrowthAzbil 과거 순이익 실적과거 기준 점검 2/6Azbil은 연평균 17.6%의 비율로 수입이 증가해 온 반면, Electronic 산업은 수입이 9.4% 증가했습니다. 매출은 연평균 4.3%의 비율로 증가했습니다. Azbil의 자기자본이익률은 15.3%이고 순이익률은 12.9%입니다.핵심 정보17.57%순이익 성장률19.25%주당순이익(EPS) 성장률Electronic 산업 성장률13.80%매출 성장률4.29%자기자본이익률15.25%순이익률12.90%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트공시 • Mar 26Azbil Corporation to Report Fiscal Year 2026 Results on May 13, 2026Azbil Corporation announced that they will report fiscal year 2026 results on May 13, 2026Reported Earnings • Feb 07Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥18.16 (down from JP¥33.71 in 3Q 2025). Revenue: JP¥75.2b (down 4.4% from 3Q 2025). Net income: JP¥9.22b (down 48% from 3Q 2025). Profit margin: 12% (down from 23% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • Dec 24Azbil Corporation to Report Q3, 2026 Results on Feb 06, 2026Azbil Corporation announced that they will report Q3, 2026 results on Feb 06, 2026분석 기사 • Nov 19Azbil's (TSE:6845) Profits Appear To Have Quality IssuesAzbil Corporation's ( TSE:6845 ) stock didn't jump after it announced some healthy earnings. We think that investors...Reported Earnings • Nov 07Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥16.34 (up from JP¥11.49 in 2Q 2025). Revenue: JP¥70.8b (down 3.9% from 2Q 2025). Net income: JP¥8.28b (up 37% from 2Q 2025). Profit margin: 12% (up from 8.2% in 2Q 2025). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Sep 25Azbil Corporation to Report Q2, 2026 Results on Nov 05, 2025Azbil Corporation announced that they will report Q2, 2026 results on Nov 05, 2025모든 업데이트 보기Recent updates공시 • May 15Azbil Corporation (TSE:6845) announces an Equity Buyback for 32,000,000 shares, representing 6.18% for ¥20,000 million.Azbil Corporation (TSE:6845) announces a share repurchase program. Under the program, the company will repurchase up to 32,000,000 shares, representing 6.18% of its issued share capital, for ¥20,000 million. The purpose of the program is to improve capital efficiency and also to enhance the return of profits to shareholders and develop flexible capital policies responding to changes in the corporate environment. The program is valid till October 30, 2026 As of March 31, 2026, the company had 517,850,091 outstanding shares (excluding treasury stock) and 23,522,645 treasury shares.Buy Or Sell Opportunity • May 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to JP¥1,546. The fair value is estimated to be JP¥1,273, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 1.1% per annum over the same time period.공시 • May 13Azbil Corporation, Annual General Meeting, Jun 24, 2026Azbil Corporation, Annual General Meeting, Jun 24, 2026.Buy Or Sell Opportunity • Apr 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.4% to JP¥1,481. The fair value is estimated to be JP¥1,233, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 9.6% in 2 years. Earnings are forecast to grow by 8.9% in the next 2 years.공시 • Mar 26Azbil Corporation to Report Fiscal Year 2026 Results on May 13, 2026Azbil Corporation announced that they will report fiscal year 2026 results on May 13, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 07Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥18.16 (down from JP¥33.71 in 3Q 2025). Revenue: JP¥75.2b (down 4.4% from 3Q 2025). Net income: JP¥9.22b (down 48% from 3Q 2025). Profit margin: 12% (down from 23% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • Dec 24Azbil Corporation to Report Q3, 2026 Results on Feb 06, 2026Azbil Corporation announced that they will report Q3, 2026 results on Feb 06, 2026분석 기사 • Dec 23Investor Optimism Abounds Azbil Corporation (TSE:6845) But Growth Is LackingWith a price-to-earnings (or "P/E") ratio of 16.9x Azbil Corporation ( TSE:6845 ) may be sending bearish signals at the...Declared Dividend • Dec 06First half dividend of JP¥13.00 announcedShareholders will receive a dividend of JP¥13.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.분석 기사 • Dec 05Azbil (TSE:6845) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...분석 기사 • Nov 19Azbil's (TSE:6845) Profits Appear To Have Quality IssuesAzbil Corporation's ( TSE:6845 ) stock didn't jump after it announced some healthy earnings. We think that investors...New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. 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.분석 기사 • Nov 07Azbil Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextShareholders might have noticed that Azbil Corporation ( TSE:6845 ) filed its interim result this time last week. The...Reported Earnings • Nov 07Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥16.34 (up from JP¥11.49 in 2Q 2025). Revenue: JP¥70.8b (down 3.9% from 2Q 2025). Net income: JP¥8.28b (up 37% from 2Q 2025). Profit margin: 12% (up from 8.2% in 2Q 2025). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.New Risk • Nov 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.분석 기사 • Oct 31Does Azbil (TSE:6845) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...공시 • Sep 25Azbil Corporation to Report Q2, 2026 Results on Nov 05, 2025Azbil Corporation announced that they will report Q2, 2026 results on Nov 05, 2025분석 기사 • Sep 23Investor Optimism Abounds Azbil Corporation (TSE:6845) But Growth Is LackingWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider Azbil...Upcoming Dividend • Sep 22Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%).분석 기사 • Aug 22Calculating The Fair Value Of Azbil Corporation (TSE:6845)Key Insights Azbil's estimated fair value is JP¥1,385 based on 2 Stage Free Cash Flow to Equity With JP¥1,482 share...Reported Earnings • Aug 07First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥10.08 (up from JP¥9.25 in 1Q 2025). Revenue: JP¥62.1b (down 5.3% from 1Q 2025). Net income: JP¥5.19b (up 6.3% from 1Q 2025). Profit margin: 8.4% (up from 7.4% in 1Q 2025). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 04Azbil (TSE:6845) Hasn't Managed To Accelerate Its ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Declared Dividend • Jul 09Final dividend of JP¥13.00 announcedShareholders will receive a dividend of JP¥13.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.4% over the next 3 years. However, it would need to fall by 69% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Jun 27Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥77.96 (up from JP¥57.10 in FY 2024). Revenue: JP¥300.4b (up 3.2% from FY 2024). Net income: JP¥41.0b (up 36% from FY 2024). Profit margin: 14% (up from 10% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.분석 기사 • Jun 20Risks To Shareholder Returns Are Elevated At These Prices For Azbil Corporation (TSE:6845)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider Azbil...공시 • Jun 13Azbil Corporation to Report Q1, 2026 Results on Aug 05, 2025Azbil Corporation announced that they will report Q1, 2026 results on Aug 05, 2025Reported Earnings • May 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥77.96 (up from JP¥57.10 in FY 2024). Revenue: JP¥300.4b (up 3.2% from FY 2024). Net income: JP¥41.0b (up 36% from FY 2024). Profit margin: 14% (up from 10% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • May 14Azbil Corporation (TSE:6845) announces an Equity Buyback for 24,000,000 shares, representing 4.54% for ¥15,000 million.Azbil Corporation (TSE:6845) announces a share repurchase program. Under the program, the company will repurchase up to 24,000,000 shares, representing 4.54% of its issued share capital, for ¥15,000 million. The purpose of the program is to to improve capital efficiency but also to enhance the return of profits to shareholders and develop flexible capital policies responding to changes in the corporate environment. The program is valid till October 29, 2025. As of March 31, 2025, the company had 528,688,860 outstanding shares (excluding treasury stock) and 31,983,876 treasury shares.공시 • May 13Azbil Corporation, Annual General Meeting, Jun 25, 2025Azbil Corporation, Annual General Meeting, Jun 25, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.7%).공시 • Mar 08Azbil Corporation to Report Fiscal Year 2025 Results on May 13, 2025Azbil Corporation announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Feb 07Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥33.71 (up from JP¥13.74 in 3Q 2024). Revenue: JP¥78.7b (up 7.1% from 3Q 2024). Net income: JP¥17.8b (up 145% from 3Q 2024). Profit margin: 23% (up from 9.8% in 3Q 2024). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 105%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Declared Dividend • Dec 07First half dividend of JP¥11.00 announcedShareholders will receive a dividend of JP¥11.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Major Estimate Revision • Nov 28Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥57.86 to JP¥63.93. Revenue forecast steady at JP¥298.9b. Net income forecast to grow 14% next year vs 15% growth forecast for Electronic industry in Japan. Consensus price target broadly unchanged at JP¥1,370. Share price was steady at JP¥1,215 over the past week.Reported Earnings • Nov 09Second quarter 2025 earnings: Revenues exceed analyst expectationsSecond quarter 2025 results: Revenue: JP¥73.7b (up 4.3% from 2Q 2024). Net income: JP¥6.06b (down 26% from 2Q 2024). Profit margin: 8.2% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Nov 08Azbil Corporation (TSE:6845) announces an Equity Buyback for 24,000,000 shares, representing 4.47% for ¥15,000 million.Azbil Corporation (TSE:6845) announces a share repurchase program. Under the program, the company will repurchase up to 24,000,000 shares, representing 4.47% of its issued share capital, for ¥15,000 million. The purpose of the program is to improve capital efficiency, to enable further return of profits to shareholders and the implementation of a flexible capital policy in response to changes in the corporate environment. The program is valid till March 24, 2025. As of September 30, 2024, the company had 537,436,788 outstanding shares (excluding treasury stock) and 28,595,948 treasury shares.공시 • Oct 15Azbil Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Azbil Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects Net sales of JPY 300,000 million compared to the previous forecast of JPY 300,000 million, Operating income of JPY 39,000 million compared to the previous forecast of JPY 37,500 million, Net income attributable to owners of parent of JPY 37,000 million compared to the previous forecast of JPY 28,000 million and Net income per share of JPY 70.05 compared to the previous forecast of JPY 53.10. Reasons for the revision to the forecast of consolidated financial results: Regarding the forecast of consolidated financial results for the fiscal year ending March 31, 2025, there is an impact to full-year consolidated net sales and consolidated operating income due to the exclusion of Azbil Telstar from the Company's scope of the consolidation following the transfer of the equity interests in Azbil Telstar. However, owing to the progress of initiatives to improve profitability including cost pass- throughs in each of businesses, in addition to steady progress in the existing building and service fields in the Building Automation business, while keep the forecast for consolidated net sales unchanged. Consequently, net income attributable to owners of parent is also expected to be higher than the previous forecast.공시 • Sep 26Azbil Corporation to Report Q2, 2025 Results on Nov 08, 2024Azbil Corporation announced that they will report Q2, 2025 results on Nov 08, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).Board Change • Aug 30High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Hiroshi Yoshida 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.Reported Earnings • Aug 12First quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2025 results: EPS: JP¥37.01 (up from JP¥27.81 in 1Q 2024). Revenue: JP¥65.5b (up 7.1% from 1Q 2024). Net income: JP¥4.88b (up 32% from 1Q 2024). Profit margin: 7.4% (up from 6.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Aug 09Azbil Corporation Provides Dividend Guidance for the Second Quarter End and Fiscal Year- End of Year Ending March 31, 2025Azbil Corporation provided dividend guidance for the second quarter and Fiscal year- end of Year ending March 31, 2025. For the second quarter end, company expects dividend of JPY 44.00 per share compared to JPY 36.50 per share a year ago. For the year-end ending March 31, 2025, company expects dividend of JPY 11.00 per share compared to JPY 39.50 per share a year ago. Azbil Corporation ("the Company") has resolved, at the Board of Directors held on May 13, 2024, to implement a 4-for-1 common stock split effective on October 1, 2024. As regards dividend per share for the year ending March 31, 2025 (forecast).New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (6.3% average weekly change).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥3,317, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,356 per share.Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to JP¥3,317. The fair value is estimated to be JP¥4,356, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 3.4% per annum over the same time period.Declared Dividend • Jul 11Final dividend of JP¥44.00 announcedShareholders will receive a dividend of JP¥44.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 01Now 18% overvalued after recent price riseOver the last 90 days, the stock has risen 5.5% to JP¥4,453. The fair value is estimated to be JP¥3,773, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 3.6% per annum over the same time period.Buy Or Sell Opportunity • Jun 27Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to JP¥4,508. The fair value is estimated to be JP¥3,688, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 3.6% per annum over the same time period.공시 • Jun 21Azbil Corporation to Report Q1, 2025 Results on Aug 07, 2024Azbil Corporation announced that they will report Q1, 2025 results on Aug 07, 2024공시 • Jun 08Syntegon Technology GmbH reached an agreement to acquire AZBIL TELSTAR, S.L.U. from Azbil Corporation (TSE:6845).Syntegon Technology GmbH reached an agreement to acquire AZBIL TELSTAR, S.L.U. from Azbil Corporation (TSE:6845) on June 6, 2024. As part of the agreement, Syntegon will acquire 100% stake in AZBIL TELSTAR. For the period ending December 31, 2023, AZBIL TELSTAR, S.L.U. reported consolidated sales of €125.67 million, consolidated operating income of €6.91 million, consolidated total assets of €90.98 million and consolidated net assets of €19.66 million.Buy Or Sell Opportunity • May 28Now 22% overvaluedOver the last 90 days, the stock has fallen 1.3% to JP¥4,416. The fair value is estimated to be JP¥3,617, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 3.8% per annum over the same time period.Reported Earnings • May 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥228 (up from JP¥168 in FY 2023). Revenue: JP¥290.9b (up 4.5% from FY 2023). Net income: JP¥30.2b (up 34% from FY 2023). Profit margin: 10% (up from 8.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.4%. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • May 16Azbil Corporation, Annual General Meeting, Jun 25, 2024Azbil Corporation, Annual General Meeting, Jun 25, 2024.Buy Or Sell Opportunity • Apr 22Now 24% overvaluedOver the last 90 days, the stock has fallen 13% to JP¥4,347. The fair value is estimated to be JP¥3,518, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are forecast to decline by 1.7% per annum over the same time period.Buy Or Sell Opportunity • Apr 04Now 24% overvaluedOver the last 90 days, the stock has fallen 9.0% to JP¥4,304. The fair value is estimated to be JP¥3,483, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are forecast to decline by 1.7% per annum over the same time period.공시 • Mar 27Azbil Corporation to Report Fiscal Year 2024 Results on May 13, 2024Azbil Corporation announced that they will report fiscal year 2024 results on May 13, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥36.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).Buy Or Sell Opportunity • Mar 18Now 23% overvaluedOver the last 90 days, the stock has fallen 7.7% to JP¥4,302. The fair value is estimated to be JP¥3,503, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings are forecast to decline by 2.0% per annum over the same time period.Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥54.94 (up from JP¥33.65 in 3Q 2023). Revenue: JP¥73.5b (up 4.8% from 3Q 2023). Net income: JP¥7.23b (up 61% from 3Q 2023). Profit margin: 9.8% (up from 6.4% in 3Q 2023). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.New Risk • Feb 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. This is currently the only risk that has been identified for the company.공시 • Dec 14Azbil Corporation to Report Q3, 2024 Results on Feb 08, 2024Azbil Corporation announced that they will report Q3, 2024 results on Feb 08, 2024공시 • Nov 15+ 1 more updateAzbil Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Azbil Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, the company expects net sales of JPY 284,000 million, operating profit of JPY 33,700 million, profit attributable to owners of parent of JPY 27,000 million and basic earnings per share of JPY 205.12.Reported Earnings • Nov 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥62.24 (up from JP¥29.71 in 2Q 2023). Revenue: JP¥70.7b (up 8.8% from 2Q 2023). Net income: JP¥8.23b (up 107% from 2Q 2023). Profit margin: 12% (up from 6.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Sep 27Azbil Corporation to Report Q2, 2024 Results on Nov 07, 2023Azbil Corporation announced that they will report Q2, 2024 results on Nov 07, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥36.50 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).Board Change • Aug 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Shigeaki Yoshikawa was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Aug 11+ 1 more updateAzbil Corporation Provides Dividend Guidance for the Second Quarter End and Fiscal Year- End of Year Ending March 31, 2024Azbil Corporation provided dividend guidance for the second quarter and Fiscal year- end of Year ending March 31, 2024. For the second quarter end, company expects dividend of JPY 36.50 per share compared to JPY 32.50 per share a year ago.For the year-end ending March 31, 2024, company expects dividend of JPY 36.50 per share compared to JPY 33.50 per share a year ago.Reported Earnings • Aug 09First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥27.81 (up from JP¥15.19 in 1Q 2023). Revenue: JP¥61.2b (up 9.2% from 1Q 2023). Net income: JP¥3.71b (up 79% from 1Q 2023). Profit margin: 6.1% (up from 3.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 86%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.공시 • Jun 26Azbil Corporation to Report Q1, 2024 Results on Aug 08, 2023Azbil Corporation announced that they will report Q1, 2024 results on Aug 08, 2023Reported Earnings • May 18Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥168 (up from JP¥151 in FY 2022). Revenue: JP¥278.4b (up 8.5% from FY 2022). Net income: JP¥22.6b (up 8.7% from FY 2022). Profit margin: 8.1% (in line with FY 2022). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥4,405, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,276 per share.공시 • May 14Azbil Corporation (TSE:6845) announces an Equity Buyback for 4,000,000 shares, representing 2.93% for ¥10,000 million.Azbil Corporation (TSE:6845) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 2.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,000 million. The purpose of the program is to enable the execution of a flexible capital policy that responds to changes in the corporate environment. Repurchased shares will be cancelled. The program will be valid till September 22, 2023. As of March 31, 2023, the company had 136,552,663 issued shares (excluding treasury stock) and 7,148,221 treasury shares.공시 • May 13+ 2 more updatesAzbil Corporation Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2024Azbil Corporation provided consolidated earnings guidance for the First half and Full year of fiscal year ending March 31, 2024. For the first half, company expects Net sales of JPY 129,300 million, Operating income of JPY 9,700 million, Net income attributable to owners of parent of JPY 7,600 million and Net income per share of JPY 56.88.For the Full year, company expects Net sales of JPY 282,000 million, Operating income of JPY 32,000 million, Net income attributable to owners of parent of JPY 23,800 million and Net income per share of JPY 178.13.매출 및 비용 세부 내역Azbil가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:6845 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 26298,93038,56592,258031 Dec 25290,52634,93890,798030 Sep 25294,02343,47477,44112,72630 Jun 25296,88441,26090,163031 Mar 25300,37840,95577,62112,72631 Dec 24303,49239,73178,38712,32530 Sep 24298,30529,21476,79412,32530 Jun 24295,28031,37775,19312,32531 Mar 24290,93830,20773,76212,32531 Dec 23292,68131,23471,89012,37130 Sep 23289,28528,48970,84412,37130 Jun 23283,54824,24169,68812,37131 Mar 23278,40622,60268,37512,37131 Dec 22268,29919,35267,30212,10830 Sep 22262,16919,91766,40412,10830 Jun 22259,12120,82665,59012,10831 Mar 22256,55120,78465,36612,10831 Dec 21251,91620,19465,58211,18130 Sep 21250,79920,73764,47511,18130 Jun 21248,33419,82963,69211,18131 Mar 21246,82119,91862,46611,18131 Dec 20250,59820,46762,22011,78830 Sep 20252,16919,94563,14411,78830 Jun 20257,03320,44163,79011,78831 Mar 20259,41119,79364,56211,78831 Dec 19259,74418,72364,32011,89730 Sep 19260,95319,06464,01611,89730 Jun 19261,60918,89675,540031 Mar 19262,05518,95163,75111,89731 Dec 18262,64019,72664,35611,26130 Sep 18262,24818,40363,68611,26130 Jun 18260,38818,22663,05911,26131 Mar 18260,38417,89062,19211,26231 Dec 17258,95515,90161,72910,44530 Sep 17255,10016,15561,04310,44530 Jun 17253,47214,40660,89710,44531 Mar 17254,81013,15360,88210,44531 Dec 16259,35411,48261,11911,01230 Sep 16260,4008,85162,21111,01230 Jun 16263,7409,57162,39611,01231 Mar 16256,8898,26862,93911,01231 Dec 15254,3966,58364,25910,12330 Sep 15252,8596,73364,16210,12330 Jun 15252,6957,07364,59010,123양질의 수익: 6845는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 6845의 현재 순 이익률 (12.9%)은 지난해 (13.6%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 6845의 수익은 지난 5년 동안 연평균 17.6% 증가했습니다.성장 가속화: 6845은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 6845은 지난 1년 동안 수익이 감소(-5.8%)하여 Electronic 업계 평균(12.7%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 6845의 자본 수익률(15.3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 03:08종가2026/05/20 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Azbil Corporation는 16명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masashi KubotaBofA Global ResearchJunji OkawaDaiwa Securities Co. Ltd.Tony MoyerHaitong International Research Limited13명의 분석가 더 보기
공시 • Mar 26Azbil Corporation to Report Fiscal Year 2026 Results on May 13, 2026Azbil Corporation announced that they will report fiscal year 2026 results on May 13, 2026
Reported Earnings • Feb 07Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥18.16 (down from JP¥33.71 in 3Q 2025). Revenue: JP¥75.2b (down 4.4% from 3Q 2025). Net income: JP¥9.22b (down 48% from 3Q 2025). Profit margin: 12% (down from 23% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • Dec 24Azbil Corporation to Report Q3, 2026 Results on Feb 06, 2026Azbil Corporation announced that they will report Q3, 2026 results on Feb 06, 2026
분석 기사 • Nov 19Azbil's (TSE:6845) Profits Appear To Have Quality IssuesAzbil Corporation's ( TSE:6845 ) stock didn't jump after it announced some healthy earnings. We think that investors...
Reported Earnings • Nov 07Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥16.34 (up from JP¥11.49 in 2Q 2025). Revenue: JP¥70.8b (down 3.9% from 2Q 2025). Net income: JP¥8.28b (up 37% from 2Q 2025). Profit margin: 12% (up from 8.2% in 2Q 2025). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Sep 25Azbil Corporation to Report Q2, 2026 Results on Nov 05, 2025Azbil Corporation announced that they will report Q2, 2026 results on Nov 05, 2025
공시 • May 15Azbil Corporation (TSE:6845) announces an Equity Buyback for 32,000,000 shares, representing 6.18% for ¥20,000 million.Azbil Corporation (TSE:6845) announces a share repurchase program. Under the program, the company will repurchase up to 32,000,000 shares, representing 6.18% of its issued share capital, for ¥20,000 million. The purpose of the program is to improve capital efficiency and also to enhance the return of profits to shareholders and develop flexible capital policies responding to changes in the corporate environment. The program is valid till October 30, 2026 As of March 31, 2026, the company had 517,850,091 outstanding shares (excluding treasury stock) and 23,522,645 treasury shares.
Buy Or Sell Opportunity • May 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to JP¥1,546. The fair value is estimated to be JP¥1,273, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings are also forecast to grow by 1.1% per annum over the same time period.
공시 • May 13Azbil Corporation, Annual General Meeting, Jun 24, 2026Azbil Corporation, Annual General Meeting, Jun 24, 2026.
Buy Or Sell Opportunity • Apr 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.4% to JP¥1,481. The fair value is estimated to be JP¥1,233, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 9.6% in 2 years. Earnings are forecast to grow by 8.9% in the next 2 years.
공시 • Mar 26Azbil Corporation to Report Fiscal Year 2026 Results on May 13, 2026Azbil Corporation announced that they will report fiscal year 2026 results on May 13, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 07Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: EPS: JP¥18.16 (down from JP¥33.71 in 3Q 2025). Revenue: JP¥75.2b (down 4.4% from 3Q 2025). Net income: JP¥9.22b (down 48% from 3Q 2025). Profit margin: 12% (down from 23% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • Dec 24Azbil Corporation to Report Q3, 2026 Results on Feb 06, 2026Azbil Corporation announced that they will report Q3, 2026 results on Feb 06, 2026
분석 기사 • Dec 23Investor Optimism Abounds Azbil Corporation (TSE:6845) But Growth Is LackingWith a price-to-earnings (or "P/E") ratio of 16.9x Azbil Corporation ( TSE:6845 ) may be sending bearish signals at the...
Declared Dividend • Dec 06First half dividend of JP¥13.00 announcedShareholders will receive a dividend of JP¥13.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
분석 기사 • Dec 05Azbil (TSE:6845) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
분석 기사 • Nov 19Azbil's (TSE:6845) Profits Appear To Have Quality IssuesAzbil Corporation's ( TSE:6845 ) stock didn't jump after it announced some healthy earnings. We think that investors...
New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. 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.
분석 기사 • Nov 07Azbil Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextShareholders might have noticed that Azbil Corporation ( TSE:6845 ) filed its interim result this time last week. The...
Reported Earnings • Nov 07Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥16.34 (up from JP¥11.49 in 2Q 2025). Revenue: JP¥70.8b (down 3.9% from 2Q 2025). Net income: JP¥8.28b (up 37% from 2Q 2025). Profit margin: 12% (up from 8.2% in 2Q 2025). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
분석 기사 • Oct 31Does Azbil (TSE:6845) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
공시 • Sep 25Azbil Corporation to Report Q2, 2026 Results on Nov 05, 2025Azbil Corporation announced that they will report Q2, 2026 results on Nov 05, 2025
분석 기사 • Sep 23Investor Optimism Abounds Azbil Corporation (TSE:6845) But Growth Is LackingWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider Azbil...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%).
분석 기사 • Aug 22Calculating The Fair Value Of Azbil Corporation (TSE:6845)Key Insights Azbil's estimated fair value is JP¥1,385 based on 2 Stage Free Cash Flow to Equity With JP¥1,482 share...
Reported Earnings • Aug 07First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: EPS: JP¥10.08 (up from JP¥9.25 in 1Q 2025). Revenue: JP¥62.1b (down 5.3% from 1Q 2025). Net income: JP¥5.19b (up 6.3% from 1Q 2025). Profit margin: 8.4% (up from 7.4% in 1Q 2025). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 04Azbil (TSE:6845) Hasn't Managed To Accelerate Its ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Declared Dividend • Jul 09Final dividend of JP¥13.00 announcedShareholders will receive a dividend of JP¥13.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.4% over the next 3 years. However, it would need to fall by 69% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Jun 27Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥77.96 (up from JP¥57.10 in FY 2024). Revenue: JP¥300.4b (up 3.2% from FY 2024). Net income: JP¥41.0b (up 36% from FY 2024). Profit margin: 14% (up from 10% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jun 20Risks To Shareholder Returns Are Elevated At These Prices For Azbil Corporation (TSE:6845)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider Azbil...
공시 • Jun 13Azbil Corporation to Report Q1, 2026 Results on Aug 05, 2025Azbil Corporation announced that they will report Q1, 2026 results on Aug 05, 2025
Reported Earnings • May 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥77.96 (up from JP¥57.10 in FY 2024). Revenue: JP¥300.4b (up 3.2% from FY 2024). Net income: JP¥41.0b (up 36% from FY 2024). Profit margin: 14% (up from 10% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • May 14Azbil Corporation (TSE:6845) announces an Equity Buyback for 24,000,000 shares, representing 4.54% for ¥15,000 million.Azbil Corporation (TSE:6845) announces a share repurchase program. Under the program, the company will repurchase up to 24,000,000 shares, representing 4.54% of its issued share capital, for ¥15,000 million. The purpose of the program is to to improve capital efficiency but also to enhance the return of profits to shareholders and develop flexible capital policies responding to changes in the corporate environment. The program is valid till October 29, 2025. As of March 31, 2025, the company had 528,688,860 outstanding shares (excluding treasury stock) and 31,983,876 treasury shares.
공시 • May 13Azbil Corporation, Annual General Meeting, Jun 25, 2025Azbil Corporation, Annual General Meeting, Jun 25, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.7%).
공시 • Mar 08Azbil Corporation to Report Fiscal Year 2025 Results on May 13, 2025Azbil Corporation announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Feb 07Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥33.71 (up from JP¥13.74 in 3Q 2024). Revenue: JP¥78.7b (up 7.1% from 3Q 2024). Net income: JP¥17.8b (up 145% from 3Q 2024). Profit margin: 23% (up from 9.8% in 3Q 2024). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 105%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Dec 07First half dividend of JP¥11.00 announcedShareholders will receive a dividend of JP¥11.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Major Estimate Revision • Nov 28Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥57.86 to JP¥63.93. Revenue forecast steady at JP¥298.9b. Net income forecast to grow 14% next year vs 15% growth forecast for Electronic industry in Japan. Consensus price target broadly unchanged at JP¥1,370. Share price was steady at JP¥1,215 over the past week.
Reported Earnings • Nov 09Second quarter 2025 earnings: Revenues exceed analyst expectationsSecond quarter 2025 results: Revenue: JP¥73.7b (up 4.3% from 2Q 2024). Net income: JP¥6.06b (down 26% from 2Q 2024). Profit margin: 8.2% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Nov 08Azbil Corporation (TSE:6845) announces an Equity Buyback for 24,000,000 shares, representing 4.47% for ¥15,000 million.Azbil Corporation (TSE:6845) announces a share repurchase program. Under the program, the company will repurchase up to 24,000,000 shares, representing 4.47% of its issued share capital, for ¥15,000 million. The purpose of the program is to improve capital efficiency, to enable further return of profits to shareholders and the implementation of a flexible capital policy in response to changes in the corporate environment. The program is valid till March 24, 2025. As of September 30, 2024, the company had 537,436,788 outstanding shares (excluding treasury stock) and 28,595,948 treasury shares.
공시 • Oct 15Azbil Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Azbil Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects Net sales of JPY 300,000 million compared to the previous forecast of JPY 300,000 million, Operating income of JPY 39,000 million compared to the previous forecast of JPY 37,500 million, Net income attributable to owners of parent of JPY 37,000 million compared to the previous forecast of JPY 28,000 million and Net income per share of JPY 70.05 compared to the previous forecast of JPY 53.10. Reasons for the revision to the forecast of consolidated financial results: Regarding the forecast of consolidated financial results for the fiscal year ending March 31, 2025, there is an impact to full-year consolidated net sales and consolidated operating income due to the exclusion of Azbil Telstar from the Company's scope of the consolidation following the transfer of the equity interests in Azbil Telstar. However, owing to the progress of initiatives to improve profitability including cost pass- throughs in each of businesses, in addition to steady progress in the existing building and service fields in the Building Automation business, while keep the forecast for consolidated net sales unchanged. Consequently, net income attributable to owners of parent is also expected to be higher than the previous forecast.
공시 • Sep 26Azbil Corporation to Report Q2, 2025 Results on Nov 08, 2024Azbil Corporation announced that they will report Q2, 2025 results on Nov 08, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
Board Change • Aug 30High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Hiroshi Yoshida 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.
Reported Earnings • Aug 12First quarter 2025 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2025 results: EPS: JP¥37.01 (up from JP¥27.81 in 1Q 2024). Revenue: JP¥65.5b (up 7.1% from 1Q 2024). Net income: JP¥4.88b (up 32% from 1Q 2024). Profit margin: 7.4% (up from 6.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Aug 09Azbil Corporation Provides Dividend Guidance for the Second Quarter End and Fiscal Year- End of Year Ending March 31, 2025Azbil Corporation provided dividend guidance for the second quarter and Fiscal year- end of Year ending March 31, 2025. For the second quarter end, company expects dividend of JPY 44.00 per share compared to JPY 36.50 per share a year ago. For the year-end ending March 31, 2025, company expects dividend of JPY 11.00 per share compared to JPY 39.50 per share a year ago. Azbil Corporation ("the Company") has resolved, at the Board of Directors held on May 13, 2024, to implement a 4-for-1 common stock split effective on October 1, 2024. As regards dividend per share for the year ending March 31, 2025 (forecast).
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥3,317, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Electronic industry in Japan. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,356 per share.
Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to JP¥3,317. The fair value is estimated to be JP¥4,356, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 3.4% per annum over the same time period.
Declared Dividend • Jul 11Final dividend of JP¥44.00 announcedShareholders will receive a dividend of JP¥44.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 01Now 18% overvalued after recent price riseOver the last 90 days, the stock has risen 5.5% to JP¥4,453. The fair value is estimated to be JP¥3,773, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 3.6% per annum over the same time period.
Buy Or Sell Opportunity • Jun 27Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to JP¥4,508. The fair value is estimated to be JP¥3,688, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 3.6% per annum over the same time period.
공시 • Jun 21Azbil Corporation to Report Q1, 2025 Results on Aug 07, 2024Azbil Corporation announced that they will report Q1, 2025 results on Aug 07, 2024
공시 • Jun 08Syntegon Technology GmbH reached an agreement to acquire AZBIL TELSTAR, S.L.U. from Azbil Corporation (TSE:6845).Syntegon Technology GmbH reached an agreement to acquire AZBIL TELSTAR, S.L.U. from Azbil Corporation (TSE:6845) on June 6, 2024. As part of the agreement, Syntegon will acquire 100% stake in AZBIL TELSTAR. For the period ending December 31, 2023, AZBIL TELSTAR, S.L.U. reported consolidated sales of €125.67 million, consolidated operating income of €6.91 million, consolidated total assets of €90.98 million and consolidated net assets of €19.66 million.
Buy Or Sell Opportunity • May 28Now 22% overvaluedOver the last 90 days, the stock has fallen 1.3% to JP¥4,416. The fair value is estimated to be JP¥3,617, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 3.8% per annum over the same time period.
Reported Earnings • May 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥228 (up from JP¥168 in FY 2023). Revenue: JP¥290.9b (up 4.5% from FY 2023). Net income: JP¥30.2b (up 34% from FY 2023). Profit margin: 10% (up from 8.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.4%. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • May 16Azbil Corporation, Annual General Meeting, Jun 25, 2024Azbil Corporation, Annual General Meeting, Jun 25, 2024.
Buy Or Sell Opportunity • Apr 22Now 24% overvaluedOver the last 90 days, the stock has fallen 13% to JP¥4,347. The fair value is estimated to be JP¥3,518, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are forecast to decline by 1.7% per annum over the same time period.
Buy Or Sell Opportunity • Apr 04Now 24% overvaluedOver the last 90 days, the stock has fallen 9.0% to JP¥4,304. The fair value is estimated to be JP¥3,483, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are forecast to decline by 1.7% per annum over the same time period.
공시 • Mar 27Azbil Corporation to Report Fiscal Year 2024 Results on May 13, 2024Azbil Corporation announced that they will report fiscal year 2024 results on May 13, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥36.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
Buy Or Sell Opportunity • Mar 18Now 23% overvaluedOver the last 90 days, the stock has fallen 7.7% to JP¥4,302. The fair value is estimated to be JP¥3,503, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings are forecast to decline by 2.0% per annum over the same time period.
Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥54.94 (up from JP¥33.65 in 3Q 2023). Revenue: JP¥73.5b (up 4.8% from 3Q 2023). Net income: JP¥7.23b (up 61% from 3Q 2023). Profit margin: 9.8% (up from 6.4% in 3Q 2023). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
New Risk • Feb 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. This is currently the only risk that has been identified for the company.
공시 • Dec 14Azbil Corporation to Report Q3, 2024 Results on Feb 08, 2024Azbil Corporation announced that they will report Q3, 2024 results on Feb 08, 2024
공시 • Nov 15+ 1 more updateAzbil Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Azbil Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, the company expects net sales of JPY 284,000 million, operating profit of JPY 33,700 million, profit attributable to owners of parent of JPY 27,000 million and basic earnings per share of JPY 205.12.
Reported Earnings • Nov 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥62.24 (up from JP¥29.71 in 2Q 2023). Revenue: JP¥70.7b (up 8.8% from 2Q 2023). Net income: JP¥8.23b (up 107% from 2Q 2023). Profit margin: 12% (up from 6.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Sep 27Azbil Corporation to Report Q2, 2024 Results on Nov 07, 2023Azbil Corporation announced that they will report Q2, 2024 results on Nov 07, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥36.50 per share at 1.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
Board Change • Aug 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Shigeaki Yoshikawa was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Aug 11+ 1 more updateAzbil Corporation Provides Dividend Guidance for the Second Quarter End and Fiscal Year- End of Year Ending March 31, 2024Azbil Corporation provided dividend guidance for the second quarter and Fiscal year- end of Year ending March 31, 2024. For the second quarter end, company expects dividend of JPY 36.50 per share compared to JPY 32.50 per share a year ago.For the year-end ending March 31, 2024, company expects dividend of JPY 36.50 per share compared to JPY 33.50 per share a year ago.
Reported Earnings • Aug 09First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥27.81 (up from JP¥15.19 in 1Q 2023). Revenue: JP¥61.2b (up 9.2% from 1Q 2023). Net income: JP¥3.71b (up 79% from 1Q 2023). Profit margin: 6.1% (up from 3.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 86%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.
공시 • Jun 26Azbil Corporation to Report Q1, 2024 Results on Aug 08, 2023Azbil Corporation announced that they will report Q1, 2024 results on Aug 08, 2023
Reported Earnings • May 18Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥168 (up from JP¥151 in FY 2022). Revenue: JP¥278.4b (up 8.5% from FY 2022). Net income: JP¥22.6b (up 8.7% from FY 2022). Profit margin: 8.1% (in line with FY 2022). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥4,405, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,276 per share.
공시 • May 14Azbil Corporation (TSE:6845) announces an Equity Buyback for 4,000,000 shares, representing 2.93% for ¥10,000 million.Azbil Corporation (TSE:6845) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 2.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,000 million. The purpose of the program is to enable the execution of a flexible capital policy that responds to changes in the corporate environment. Repurchased shares will be cancelled. The program will be valid till September 22, 2023. As of March 31, 2023, the company had 136,552,663 issued shares (excluding treasury stock) and 7,148,221 treasury shares.
공시 • May 13+ 2 more updatesAzbil Corporation Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2024Azbil Corporation provided consolidated earnings guidance for the First half and Full year of fiscal year ending March 31, 2024. For the first half, company expects Net sales of JPY 129,300 million, Operating income of JPY 9,700 million, Net income attributable to owners of parent of JPY 7,600 million and Net income per share of JPY 56.88.For the Full year, company expects Net sales of JPY 282,000 million, Operating income of JPY 32,000 million, Net income attributable to owners of parent of JPY 23,800 million and Net income per share of JPY 178.13.