View Financial HealthHORIBA 배당 및 자사주 매입배당 기준 점검 4/6HORIBA 수익으로 충분히 충당되는 현재 수익률 1.94% 보유한 배당금 지급 회사입니다. 다음 지급일은 1st September, 2026 이며 배당락일은 다음과 같습니다. 29th June, 2026.핵심 정보1.9%배당 수익률0.0001%자사주 매입 수익률총 주주 수익률1.9%미래 배당 수익률1.9%배당 성장률13.9%다음 배당 지급일01 Sep 26배당락일29 Jun 26주당 배당금n/a배당 성향32%최근 배당 및 자사주 매입 업데이트Declared Dividend • Apr 11Final dividend of JP¥150 announcedShareholders will receive a dividend of JP¥150. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 2.5%, 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 (73% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Dec 27HORIBA (TSE:6856) Is Increasing Its Dividend To ¥210.00The board of HORIBA, Ltd. ( TSE:6856 ) has announced that it will be paying its dividend of ¥210.00 on the 10th of...Upcoming Dividend • Dec 22Upcoming dividend of JP¥210 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 27% 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 • Sep 03HORIBA (TSE:6856) Has Announced That It Will Be Increasing Its Dividend To ¥210.00The board of HORIBA, Ltd. ( TSE:6856 ) has announced that it will be paying its dividend of ¥210.00 on the 10th of...Declared Dividend • Sep 02First half dividend of JP¥210 announcedShareholders will receive a dividend of JP¥210. Ex-date: 29th December 2025 Payment date: 10th March 2026 Dividend yield will be 2.6%, 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 (32% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 20Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%).모든 업데이트 보기Recent updates속보 • May 23Horiba Lifts 2026 Forecast After Q1 Sales Jump and Announces Global Expansion PlansHoriba reported Q1 2026 sales that were 17.6% higher year over year, with Energy & Environment and Materials & Semiconductor as key contributors. Management raised full-year 2026 guidance, now expecting net income and earnings per share to be more than 30% higher than previously guided. The company plans to increase annual dividends and is expanding globally with new subsidiaries in India and Australia. The combination of stronger quarterly performance, an upgraded profit outlook, and a higher dividend suggests greater management confidence in the current business momentum and earnings quality. Investors may also want to watch how efficiently Horiba scales its new operations in India and Australia, since execution and integration risks can affect margins and cash flow.분석 기사 • May 18HORIBA, Ltd. Just Recorded A 12% Revenue Beat: Here's What Analysts ThinkHORIBA, Ltd. ( TSE:6856 ) defied analyst predictions to release its first-quarter results, which were ahead of market...Reported Earnings • May 17First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥206 (up from JP¥193 in 1Q 2025). Revenue: JP¥84.5b (up 18% from 1Q 2025). Net income: JP¥8.66b (up 6.7% from 1Q 2025). Profit margin: 10% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 6.1%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.Price Target Changed • May 16Price target increased by 12% to JP¥22,786Up from JP¥20,357, the current price target is an average from 7 analysts. New target price is 11% below last closing price of JP¥25,525. Stock is up 151% over the past year. The company is forecast to post earnings per share of JP¥1,086 for next year compared to JP¥883 last year.Declared Dividend • Apr 11Final dividend of JP¥150 announcedShareholders will receive a dividend of JP¥150. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 2.5%, 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 (73% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Apr 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to JP¥19,735. The fair value is estimated to be JP¥16,429, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 3.0%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Reported Earnings • Mar 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥883 (up from JP¥799 in FY 2024). Revenue: JP¥333.1b (up 5.0% from FY 2024). Net income: JP¥37.1b (up 10% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.2% 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 fallen by 3% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.Price Target Changed • Mar 03Price target increased by 8.0% to JP¥19,167Up from JP¥17,750, the current price target is an average from 6 analysts. New target price is 5.6% below last closing price of JP¥20,305. Stock is up 110% over the past year. The company is forecast to post earnings per share of JP¥1,013 for next year compared to JP¥883 last year.분석 기사 • Feb 15The HORIBA, Ltd. (TSE:6856) Yearly Results Are Out And Analysts Have Published New ForecastsInvestors in HORIBA, Ltd. ( TSE:6856 ) had a good week, as its shares rose 2.6% to close at JP¥19,500 following the...Reported Earnings • Feb 14Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥883 (up from JP¥799 in FY 2024). Revenue: JP¥333.1b (up 5.0% from FY 2024). Net income: JP¥37.1b (up 10% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.공시 • Feb 12HORIBA, Ltd., Annual General Meeting, Mar 21, 2026HORIBA, Ltd., Annual General Meeting, Mar 21, 2026.분석 기사 • Dec 27HORIBA (TSE:6856) Is Increasing Its Dividend To ¥210.00The board of HORIBA, Ltd. ( TSE:6856 ) has announced that it will be paying its dividend of ¥210.00 on the 10th of...공시 • Dec 27HORIBA, Ltd. to Report Fiscal Year 2025 Results on Feb 12, 2026HORIBA, Ltd. announced that they will report fiscal year 2025 results on Feb 12, 2026Upcoming Dividend • Dec 22Upcoming dividend of JP¥210 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 27% 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%).Price Target Changed • Dec 02Price target increased by 8.5% to JP¥14,917Up from JP¥13,750, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥14,535. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥876 for next year compared to JP¥799 last year.Price Target Changed • Nov 28Price target increased by 8.2% to JP¥14,500Up from JP¥13,400, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥14,455. Stock is up 69% over the past year. The company is forecast to post earnings per share of JP¥876 for next year compared to JP¥799 last year.분석 기사 • Nov 18HORIBA, Ltd. Just Beat EPS By 18%: Here's What Analysts Think Will Happen NextHORIBA, Ltd. ( TSE:6856 ) just released its latest third-quarter results and things are looking bullish. HORIBA beat...Reported Earnings • Nov 18Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥196 (up from JP¥161 in 3Q 2024). Revenue: JP¥81.3b (up 11% from 3Q 2024). Net income: JP¥8.24b (up 22% from 3Q 2024). Profit margin: 10% (in line with 3Q 2024). Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Nov 18Now 22% undervaluedOver the last 90 days, the stock has risen 27% to JP¥14,225. The fair value is estimated to be JP¥18,194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 8.0% per annum over the same time period.New Risk • Nov 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% 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 (5.5% average weekly change).공시 • Sep 04HORIBA, Ltd. to Report Q3, 2025 Results on Nov 14, 2025HORIBA, Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025분석 기사 • Sep 03HORIBA (TSE:6856) Has Announced That It Will Be Increasing Its Dividend To ¥210.00The board of HORIBA, Ltd. ( TSE:6856 ) has announced that it will be paying its dividend of ¥210.00 on the 10th of...분석 기사 • Sep 02Is Now An Opportune Moment To Examine HORIBA, Ltd. (TSE:6856)?HORIBA, Ltd. ( TSE:6856 ), might not be a large cap stock, but it received a lot of attention from a substantial price...Declared Dividend • Sep 02First half dividend of JP¥210 announcedShareholders will receive a dividend of JP¥210. Ex-date: 29th December 2025 Payment date: 10th March 2026 Dividend yield will be 2.6%, 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 (32% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 08Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥185 (up from JP¥146 in 2Q 2024). Revenue: JP¥77.1b (up 6.3% from 2Q 2024). Net income: JP¥7.75b (up 27% from 2Q 2024). Profit margin: 10% (up from 8.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10.0%. Revenue is forecast to grow 4.1% 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 4% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jul 20HORIBA, Ltd.'s (TSE:6856) Intrinsic Value Is Potentially 66% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, HORIBA fair value estimate is JP¥18,432 HORIBA is estimated to...Upcoming Dividend • Jun 20Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%).분석 기사 • Jun 12Investors Will Want HORIBA's (TSE:6856) Growth In ROCE To PersistIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공시 • Jun 05HORIBA, Ltd. to Report Q2, 2025 Results on Aug 07, 2025HORIBA, Ltd. announced that they will report Q2, 2025 results on Aug 07, 2025Reported Earnings • May 20First quarter 2025 earnings released: EPS: JP¥193 (vs JP¥167 in 1Q 2024)First quarter 2025 results: EPS: JP¥193 (up from JP¥167 in 1Q 2024). Revenue: JP¥71.9b (up 2.3% from 1Q 2024). Net income: JP¥8.11b (up 15% from 1Q 2024). Profit margin: 11% (up from 10.0% in 1Q 2024). Revenue is forecast to grow 3.9% 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 8% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Apr 11Final dividend of JP¥80.00 announcedShareholders will receive a dividend of JP¥80.00. Ex-date: 27th June 2025 Payment date: 2nd September 2025 Dividend yield will be 3.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥7,972, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 47% over the past three years.Reported Earnings • Apr 05Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥799 (down from JP¥954 in FY 2023). Revenue: JP¥317.4b (up 9.2% from FY 2023). Net income: JP¥33.6b (down 17% from FY 2023). Profit margin: 11% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.공시 • Mar 27HORIBA, Ltd. to Report Q1, 2025 Results on May 15, 2025HORIBA, Ltd. announced that they will report Q1, 2025 results on May 15, 2025공시 • Mar 18HORIBA IRLAM Technology Receives U.S. EPA Approval for Measuring NOx Emissions in Engine and Vehicle CertificationHORIBA received approval from the U.S. Environmental Protection Agency (EPA) for its proprietary Infra-Red Laser Absorption Modulation (IRLAM) technology to be used as an accepted alternative for measuring NOx emissions in the certification testing of heavy-duty engines and light-duty vehicles. Extensive internal and published testing data has confirmed IRLAM's significant advantages in NOx measurement, offering improved data quality and potential cost savings through enhanced accuracy, superior wet measurement, minimal interference, lower maintenance costs, and consistent response times. With the EPA's guidance letter now in place, OEMs have formal approval to use HORIBA's IRLAM-based analyzers for NOx measurement in vehicle and engine certification testing, further supporting industry efforts to meet stringent emissions regulations.공시 • Feb 17+ 2 more updatesHoriba, Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending December 31, 2025HORIBA, Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending December 31, 2025. For the first half, the company expects net sales of JPY 155,000 million, operating income of JPY 23,000 million, net income attributable to owners of parent of JPY 15,500 million and net income attributable to owners of parent per share of JPY 369.47. For the full year, the company expects net sales of JPY 340,000 million, operating income of JPY 54,000 million, net income attributable to owners of parent of JPY 38,000 million and net income attributable to owners of parent per share of JPY 905.79.Reported Earnings • Feb 15Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥799 (down from JP¥954 in FY 2023). Revenue: JP¥317.4b (up 9.2% from FY 2023). Net income: JP¥33.6b (down 17% from FY 2023). Profit margin: 11% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.공시 • Feb 14HORIBA, Ltd. Approves Special Dividend for the Fiscal Year Ended December 31, 2024, Payable on March 10, 2025HORIBA, Ltd. announced that the board of directors' meeting held on February 13, 2025 passed a resolution to distribute dividends from retained earnings at the record date of December 31, 2024. With regard to the dividends for FY2024, Company have decided to pay a year-end dividend of ¥190 including special dividend ¥25 per share. Combined with the interim dividend already paid, this will bring the annual dividend to ¥270 per share. Effective Date March 10, 2025.공시 • Feb 13+ 1 more updateHORIBA, Ltd., Annual General Meeting, Mar 29, 2025HORIBA, Ltd., Annual General Meeting, Mar 29, 2025.Upcoming Dividend • Dec 20Upcoming dividend of JP¥165 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 04 March 2025. Payout ratio is a comfortable 37% and the cash payout ratio is 86%. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).Price Target Changed • Dec 19Price target decreased by 11% to JP¥12,933Down from JP¥14,475, the current price target is an average from 6 analysts. New target price is 45% above last closing price of JP¥8,920. Stock is down 17% over the past year. The company is forecast to post earnings per share of JP¥809 for next year compared to JP¥954 last year.Price Target Changed • Dec 05Price target decreased by 8.3% to JP¥13,771Down from JP¥15,025, the current price target is an average from 7 analysts. New target price is 59% above last closing price of JP¥8,661. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥796 for next year compared to JP¥954 last year.공시 • Dec 03HORIBA, Ltd. to Report Fiscal Year 2024 Results on Feb 13, 2025HORIBA, Ltd. announced that they will report fiscal year 2024 results on Feb 13, 2025Reported Earnings • Nov 19Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: JP¥161 (down from JP¥188 in 3Q 2023). Revenue: JP¥73.2b (up 5.2% from 3Q 2023). Net income: JP¥6.77b (down 15% from 3Q 2023). Profit margin: 9.2% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공시 • Nov 16HORIBA, Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2024HORIBA, Ltd. provided consolidated earnings guidance for the full Year Ending December 31, 2024. For the period, Company expects net sales of JPY 318,000 million, operating income of JPY 47,500 million, net income attributable to owners of parent of JPY 33,000 million and net income attributable to owners of parent per share of JPY 786.60 against previous guidance of net sales of JPY 321,000 million, operating income of JPY 52,000 million, net income attributable to owners of parent of JPY 37,000 million.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥8,000, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 21% over the past three years.공시 • Nov 13HORIBA, Ltd. Revises Dividend Guidance for the Fiscal Year 2024HORIBA, Ltd. revised dividend guidance for the FY2024. For the year, the company expects dividend of JPY 165.00 per share against previous guidance of JPY 185.00 per share. Reasons for the Amendments: The Company's shareholder return policy is targeting a dividend payout ratio at 30% of net income attributable to HORIBA Ltd.'s shareholders, while special dividend and share buybacks will be executed timely and properly, taking into account investment opportunities, cash flow situation and other factors. The dividend forecasts for FY2024 had been 265 yen per share since the announcement of the Summary of Consolidated Financial Statements for the Six Months Ended June 30, 2024 on August 8, 2024. However, considering the revised consolidated earnings forecasts for FY2024, the Company has amended the forecasts for the year-end per-share dividend with a decrease of 20 yen to 165 yen and thus revised downward the annual dividend forecasts to 245 yen, including interim dividend which had already been paid.공시 • Aug 27HORIBA, Ltd. to Report Q3, 2024 Results on Nov 13, 2024HORIBA, Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024공시 • Aug 13HORIBA, Ltd. Provides Consolidated Earnings Guidance for the Full Year of Fiscal Year Ending December 31, 2024HORIBA, Ltd. provided consolidated earnings guidance for the full year of fiscal year ending December 31, 2024. For the full year, the company expects net sales of JPY 321,000 million, operating income of JPY 52,000 million, net income attributable to owners of parent of JPY 37,000 million and net income attributable to owners of parent per share of JPY 881.95.Declared Dividend • Aug 10Dividend of JP¥185 announcedShareholders will receive a dividend of JP¥185. Ex-date: 27th December 2024 Payment date: 4th March 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but not covered by cash flows (149% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥8,689, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 21% over the past three years.Price Target Changed • Jun 15Price target increased by 9.7% to JP¥16,171Up from JP¥14,738, the current price target is an average from 7 analysts. New target price is 33% above last closing price of JP¥12,165. Stock is up 49% over the past year. The company is forecast to post earnings per share of JP¥888 for next year compared to JP¥954 last year.공시 • Jun 02HORIBA, Ltd. to Report Q2, 2024 Results on Aug 08, 2024HORIBA, Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024Reported Earnings • May 18First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: JP¥167 (down from JP¥321 in 1Q 2023). Revenue: JP¥70.3b (up 6.7% from 1Q 2023). Net income: JP¥7.03b (down 48% from 1Q 2023). Profit margin: 10.0% (down from 21% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to grow 4.6% 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 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.공시 • May 17+ 2 more updatesHORIBA, Ltd. Provides Dividend Guidance for the Second Quarter End of Year Ending December 31, 2024HORIBA, Ltd. provided dividend guidance for the second quarter end of year ending December 31, 2024. For the year, the company expects to pay dividend of JPY 80.00 per share compared to JPY 80.00 per share a year ago.Buy Or Sell Opportunity • May 15Now 30% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to JP¥13,035. The fair value is estimated to be JP¥18,512, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 4.2% per annum over the same time period.Buy Or Sell Opportunity • Apr 19Now 23% undervaluedOver the last 90 days, the stock has risen 17% to JP¥14,315. The fair value is estimated to be JP¥18,596, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 4.0% per annum over the same time period.Declared Dividend • Apr 11Final dividend of JP¥80.00 announcedShareholders will receive a dividend of JP¥80.00. Ex-date: 27th June 2024 Payment date: 4th September 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but not covered by cash flows (149% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 28HORIBA, Ltd. to Report Q1, 2024 Results on May 14, 2024HORIBA, Ltd. announced that they will report Q1, 2024 results on May 14, 2024Reported Earnings • Mar 28Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥954 (up from JP¥807 in FY 2022). Revenue: JP¥290.6b (up 7.6% from FY 2022). Net income: JP¥40.3b (up 18% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 14Now 20% undervaluedOver the last 90 days, the stock has risen 39% to JP¥14,695. The fair value is estimated to be JP¥18,413, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 4.0% per annum over the same time period.공시 • Feb 29HORIBA, Ltd. Provides Earnings Guidance for the Year 2028HORIBA, Ltd. provided earnings guidance for the year 2028. For the year, the company expects Net sales of JPY 450 billion and Operating income of JPY 80 billion.Price Target Changed • Feb 29Price target increased by 7.6% to JP¥13,814Up from JP¥12,843, the current price target is an average from 7 analysts. New target price is 5.4% below last closing price of JP¥14,605. Stock is up 96% over the past year. The company is forecast to post earnings per share of JP¥841 for next year compared to JP¥954 last year.Buy Or Sell Opportunity • Feb 28Now 20% undervaluedOver the last 90 days, the stock has risen 45% to JP¥14,465. The fair value is estimated to be JP¥18,105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period.Buy Or Sell Opportunity • Feb 19Now 22% undervaluedOver the last 90 days, the stock has risen 53% to JP¥14,130. The fair value is estimated to be JP¥18,109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 2.9% per annum over the same time period.공시 • Feb 16HORIBA, Ltd., Annual General Meeting, Mar 23, 2024HORIBA, Ltd., Annual General Meeting, Mar 23, 2024.Reported Earnings • Feb 16Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥954 (up from JP¥807 in FY 2022). Revenue: JP¥290.6b (up 7.6% from FY 2022). Net income: JP¥40.3b (up 18% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.공시 • Feb 15HORIBA, Ltd. (TSE:6856) announces an Equity Buyback for 530,000 shares, representing 1.25% for ¥5,000 million.HORIBA, Ltd. (TSE:6856) announces a share repurchase program. Under the program, the company will repurchase up to 530,000 shares, representing 1.25% of the issued capital of the company, for up to ¥5,000 million. The repurchased shares will be used as stock compensation for directors and executive officers of the company. The plan will expire on April 30, 2024. As of December 31, 2023, the company had 42,269,723 shares outstanding (excluding treasury stock) and 263,029 shares in treasury.Price Target Changed • Feb 15Price target increased by 8.7% to JP¥11,586Up from JP¥10,657, the current price target is an average from 7 analysts. New target price is 24% below last closing price of JP¥15,170. Stock is up 112% over the past year. The company is forecast to post earnings per share of JP¥835 for next year compared to JP¥807 last year.공시 • Feb 14Horiba, Ltd. Announces Year End Dividend for 2023 , Payable on March 4, 2024HORIBA, Ltd. announced that the board of directors' meeting held on February 14, 2024 passed a resolution to distribute dividends for year end 2023 from retained earnings of JPY 210 . Record Date is December 31, 2023. Effective Date is March 4, 2024.New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% 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 (5.5% average weekly change).공시 • Dec 28HORIBA, Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024HORIBA, Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024예정된 배당 지급오늘Jun 09 2026배당락일Jun 29 2026배당 지급일Sep 01 202664 days (배당락일 기준)다음 배당금을 받으려면 앞으로 20 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 6856 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 6856 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장HORIBA 배당 수익률 vs 시장6856의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (6856)1.9%시장 하위 25% (JP)1.8%시장 상위 25% (JP)3.9%업계 평균 (Electronic)1.1%분석가 예측 (6856) (최대 3년)1.9%주목할만한 배당금: 6856 의 배당금( 1.94% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.79% )보다 높습니다.고배당: 6856 의 배당금( 1.94% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.9% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 32.4% )로 6856 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 72.9% )로 6856 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/09 11:52종가2026/06/09 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 소스HORIBA, Ltd.는 24명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masahiro NakanomyoBarclaysTatsuhiro TamuraBofA Global ResearchMasahiro ShibanoCitigroup Inc21명의 분석가 더 보기
Declared Dividend • Apr 11Final dividend of JP¥150 announcedShareholders will receive a dividend of JP¥150. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 2.5%, 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 (73% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Dec 27HORIBA (TSE:6856) Is Increasing Its Dividend To ¥210.00The board of HORIBA, Ltd. ( TSE:6856 ) has announced that it will be paying its dividend of ¥210.00 on the 10th of...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥210 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 27% 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 • Sep 03HORIBA (TSE:6856) Has Announced That It Will Be Increasing Its Dividend To ¥210.00The board of HORIBA, Ltd. ( TSE:6856 ) has announced that it will be paying its dividend of ¥210.00 on the 10th of...
Declared Dividend • Sep 02First half dividend of JP¥210 announcedShareholders will receive a dividend of JP¥210. Ex-date: 29th December 2025 Payment date: 10th March 2026 Dividend yield will be 2.6%, 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 (32% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%).
속보 • May 23Horiba Lifts 2026 Forecast After Q1 Sales Jump and Announces Global Expansion PlansHoriba reported Q1 2026 sales that were 17.6% higher year over year, with Energy & Environment and Materials & Semiconductor as key contributors. Management raised full-year 2026 guidance, now expecting net income and earnings per share to be more than 30% higher than previously guided. The company plans to increase annual dividends and is expanding globally with new subsidiaries in India and Australia. The combination of stronger quarterly performance, an upgraded profit outlook, and a higher dividend suggests greater management confidence in the current business momentum and earnings quality. Investors may also want to watch how efficiently Horiba scales its new operations in India and Australia, since execution and integration risks can affect margins and cash flow.
분석 기사 • May 18HORIBA, Ltd. Just Recorded A 12% Revenue Beat: Here's What Analysts ThinkHORIBA, Ltd. ( TSE:6856 ) defied analyst predictions to release its first-quarter results, which were ahead of market...
Reported Earnings • May 17First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥206 (up from JP¥193 in 1Q 2025). Revenue: JP¥84.5b (up 18% from 1Q 2025). Net income: JP¥8.66b (up 6.7% from 1Q 2025). Profit margin: 10% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 6.1%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.
Price Target Changed • May 16Price target increased by 12% to JP¥22,786Up from JP¥20,357, the current price target is an average from 7 analysts. New target price is 11% below last closing price of JP¥25,525. Stock is up 151% over the past year. The company is forecast to post earnings per share of JP¥1,086 for next year compared to JP¥883 last year.
Declared Dividend • Apr 11Final dividend of JP¥150 announcedShareholders will receive a dividend of JP¥150. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 2.5%, 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 (73% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Apr 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to JP¥19,735. The fair value is estimated to be JP¥16,429, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 3.0%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Reported Earnings • Mar 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥883 (up from JP¥799 in FY 2024). Revenue: JP¥333.1b (up 5.0% from FY 2024). Net income: JP¥37.1b (up 10% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.2% 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 fallen by 3% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
Price Target Changed • Mar 03Price target increased by 8.0% to JP¥19,167Up from JP¥17,750, the current price target is an average from 6 analysts. New target price is 5.6% below last closing price of JP¥20,305. Stock is up 110% over the past year. The company is forecast to post earnings per share of JP¥1,013 for next year compared to JP¥883 last year.
분석 기사 • Feb 15The HORIBA, Ltd. (TSE:6856) Yearly Results Are Out And Analysts Have Published New ForecastsInvestors in HORIBA, Ltd. ( TSE:6856 ) had a good week, as its shares rose 2.6% to close at JP¥19,500 following the...
Reported Earnings • Feb 14Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥883 (up from JP¥799 in FY 2024). Revenue: JP¥333.1b (up 5.0% from FY 2024). Net income: JP¥37.1b (up 10% from FY 2024). Profit margin: 11% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
공시 • Feb 12HORIBA, Ltd., Annual General Meeting, Mar 21, 2026HORIBA, Ltd., Annual General Meeting, Mar 21, 2026.
분석 기사 • Dec 27HORIBA (TSE:6856) Is Increasing Its Dividend To ¥210.00The board of HORIBA, Ltd. ( TSE:6856 ) has announced that it will be paying its dividend of ¥210.00 on the 10th of...
공시 • Dec 27HORIBA, Ltd. to Report Fiscal Year 2025 Results on Feb 12, 2026HORIBA, Ltd. announced that they will report fiscal year 2025 results on Feb 12, 2026
Upcoming Dividend • Dec 22Upcoming dividend of JP¥210 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 27% 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%).
Price Target Changed • Dec 02Price target increased by 8.5% to JP¥14,917Up from JP¥13,750, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥14,535. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥876 for next year compared to JP¥799 last year.
Price Target Changed • Nov 28Price target increased by 8.2% to JP¥14,500Up from JP¥13,400, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥14,455. Stock is up 69% over the past year. The company is forecast to post earnings per share of JP¥876 for next year compared to JP¥799 last year.
분석 기사 • Nov 18HORIBA, Ltd. Just Beat EPS By 18%: Here's What Analysts Think Will Happen NextHORIBA, Ltd. ( TSE:6856 ) just released its latest third-quarter results and things are looking bullish. HORIBA beat...
Reported Earnings • Nov 18Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥196 (up from JP¥161 in 3Q 2024). Revenue: JP¥81.3b (up 11% from 3Q 2024). Net income: JP¥8.24b (up 22% from 3Q 2024). Profit margin: 10% (in line with 3Q 2024). Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Nov 18Now 22% undervaluedOver the last 90 days, the stock has risen 27% to JP¥14,225. The fair value is estimated to be JP¥18,194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 8.0% per annum over the same time period.
New Risk • Nov 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% 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 (5.5% average weekly change).
공시 • Sep 04HORIBA, Ltd. to Report Q3, 2025 Results on Nov 14, 2025HORIBA, Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025
분석 기사 • Sep 03HORIBA (TSE:6856) Has Announced That It Will Be Increasing Its Dividend To ¥210.00The board of HORIBA, Ltd. ( TSE:6856 ) has announced that it will be paying its dividend of ¥210.00 on the 10th of...
분석 기사 • Sep 02Is Now An Opportune Moment To Examine HORIBA, Ltd. (TSE:6856)?HORIBA, Ltd. ( TSE:6856 ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Declared Dividend • Sep 02First half dividend of JP¥210 announcedShareholders will receive a dividend of JP¥210. Ex-date: 29th December 2025 Payment date: 10th March 2026 Dividend yield will be 2.6%, 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 (32% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 08Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥185 (up from JP¥146 in 2Q 2024). Revenue: JP¥77.1b (up 6.3% from 2Q 2024). Net income: JP¥7.75b (up 27% from 2Q 2024). Profit margin: 10% (up from 8.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10.0%. Revenue is forecast to grow 4.1% 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 4% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jul 20HORIBA, Ltd.'s (TSE:6856) Intrinsic Value Is Potentially 66% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, HORIBA fair value estimate is JP¥18,432 HORIBA is estimated to...
Upcoming Dividend • Jun 20Upcoming dividend of JP¥80.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%).
분석 기사 • Jun 12Investors Will Want HORIBA's (TSE:6856) Growth In ROCE To PersistIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공시 • Jun 05HORIBA, Ltd. to Report Q2, 2025 Results on Aug 07, 2025HORIBA, Ltd. announced that they will report Q2, 2025 results on Aug 07, 2025
Reported Earnings • May 20First quarter 2025 earnings released: EPS: JP¥193 (vs JP¥167 in 1Q 2024)First quarter 2025 results: EPS: JP¥193 (up from JP¥167 in 1Q 2024). Revenue: JP¥71.9b (up 2.3% from 1Q 2024). Net income: JP¥8.11b (up 15% from 1Q 2024). Profit margin: 11% (up from 10.0% in 1Q 2024). Revenue is forecast to grow 3.9% 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 8% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Apr 11Final dividend of JP¥80.00 announcedShareholders will receive a dividend of JP¥80.00. Ex-date: 27th June 2025 Payment date: 2nd September 2025 Dividend yield will be 3.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥7,972, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 47% over the past three years.
Reported Earnings • Apr 05Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥799 (down from JP¥954 in FY 2023). Revenue: JP¥317.4b (up 9.2% from FY 2023). Net income: JP¥33.6b (down 17% from FY 2023). Profit margin: 11% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.
공시 • Mar 27HORIBA, Ltd. to Report Q1, 2025 Results on May 15, 2025HORIBA, Ltd. announced that they will report Q1, 2025 results on May 15, 2025
공시 • Mar 18HORIBA IRLAM Technology Receives U.S. EPA Approval for Measuring NOx Emissions in Engine and Vehicle CertificationHORIBA received approval from the U.S. Environmental Protection Agency (EPA) for its proprietary Infra-Red Laser Absorption Modulation (IRLAM) technology to be used as an accepted alternative for measuring NOx emissions in the certification testing of heavy-duty engines and light-duty vehicles. Extensive internal and published testing data has confirmed IRLAM's significant advantages in NOx measurement, offering improved data quality and potential cost savings through enhanced accuracy, superior wet measurement, minimal interference, lower maintenance costs, and consistent response times. With the EPA's guidance letter now in place, OEMs have formal approval to use HORIBA's IRLAM-based analyzers for NOx measurement in vehicle and engine certification testing, further supporting industry efforts to meet stringent emissions regulations.
공시 • Feb 17+ 2 more updatesHoriba, Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending December 31, 2025HORIBA, Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending December 31, 2025. For the first half, the company expects net sales of JPY 155,000 million, operating income of JPY 23,000 million, net income attributable to owners of parent of JPY 15,500 million and net income attributable to owners of parent per share of JPY 369.47. For the full year, the company expects net sales of JPY 340,000 million, operating income of JPY 54,000 million, net income attributable to owners of parent of JPY 38,000 million and net income attributable to owners of parent per share of JPY 905.79.
Reported Earnings • Feb 15Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥799 (down from JP¥954 in FY 2023). Revenue: JP¥317.4b (up 9.2% from FY 2023). Net income: JP¥33.6b (down 17% from FY 2023). Profit margin: 11% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.
공시 • Feb 14HORIBA, Ltd. Approves Special Dividend for the Fiscal Year Ended December 31, 2024, Payable on March 10, 2025HORIBA, Ltd. announced that the board of directors' meeting held on February 13, 2025 passed a resolution to distribute dividends from retained earnings at the record date of December 31, 2024. With regard to the dividends for FY2024, Company have decided to pay a year-end dividend of ¥190 including special dividend ¥25 per share. Combined with the interim dividend already paid, this will bring the annual dividend to ¥270 per share. Effective Date March 10, 2025.
공시 • Feb 13+ 1 more updateHORIBA, Ltd., Annual General Meeting, Mar 29, 2025HORIBA, Ltd., Annual General Meeting, Mar 29, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥165 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 04 March 2025. Payout ratio is a comfortable 37% and the cash payout ratio is 86%. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%).
Price Target Changed • Dec 19Price target decreased by 11% to JP¥12,933Down from JP¥14,475, the current price target is an average from 6 analysts. New target price is 45% above last closing price of JP¥8,920. Stock is down 17% over the past year. The company is forecast to post earnings per share of JP¥809 for next year compared to JP¥954 last year.
Price Target Changed • Dec 05Price target decreased by 8.3% to JP¥13,771Down from JP¥15,025, the current price target is an average from 7 analysts. New target price is 59% above last closing price of JP¥8,661. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥796 for next year compared to JP¥954 last year.
공시 • Dec 03HORIBA, Ltd. to Report Fiscal Year 2024 Results on Feb 13, 2025HORIBA, Ltd. announced that they will report fiscal year 2024 results on Feb 13, 2025
Reported Earnings • Nov 19Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: JP¥161 (down from JP¥188 in 3Q 2023). Revenue: JP¥73.2b (up 5.2% from 3Q 2023). Net income: JP¥6.77b (down 15% from 3Q 2023). Profit margin: 9.2% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • Nov 16HORIBA, Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2024HORIBA, Ltd. provided consolidated earnings guidance for the full Year Ending December 31, 2024. For the period, Company expects net sales of JPY 318,000 million, operating income of JPY 47,500 million, net income attributable to owners of parent of JPY 33,000 million and net income attributable to owners of parent per share of JPY 786.60 against previous guidance of net sales of JPY 321,000 million, operating income of JPY 52,000 million, net income attributable to owners of parent of JPY 37,000 million.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥8,000, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 21% over the past three years.
공시 • Nov 13HORIBA, Ltd. Revises Dividend Guidance for the Fiscal Year 2024HORIBA, Ltd. revised dividend guidance for the FY2024. For the year, the company expects dividend of JPY 165.00 per share against previous guidance of JPY 185.00 per share. Reasons for the Amendments: The Company's shareholder return policy is targeting a dividend payout ratio at 30% of net income attributable to HORIBA Ltd.'s shareholders, while special dividend and share buybacks will be executed timely and properly, taking into account investment opportunities, cash flow situation and other factors. The dividend forecasts for FY2024 had been 265 yen per share since the announcement of the Summary of Consolidated Financial Statements for the Six Months Ended June 30, 2024 on August 8, 2024. However, considering the revised consolidated earnings forecasts for FY2024, the Company has amended the forecasts for the year-end per-share dividend with a decrease of 20 yen to 165 yen and thus revised downward the annual dividend forecasts to 245 yen, including interim dividend which had already been paid.
공시 • Aug 27HORIBA, Ltd. to Report Q3, 2024 Results on Nov 13, 2024HORIBA, Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024
공시 • Aug 13HORIBA, Ltd. Provides Consolidated Earnings Guidance for the Full Year of Fiscal Year Ending December 31, 2024HORIBA, Ltd. provided consolidated earnings guidance for the full year of fiscal year ending December 31, 2024. For the full year, the company expects net sales of JPY 321,000 million, operating income of JPY 52,000 million, net income attributable to owners of parent of JPY 37,000 million and net income attributable to owners of parent per share of JPY 881.95.
Declared Dividend • Aug 10Dividend of JP¥185 announcedShareholders will receive a dividend of JP¥185. Ex-date: 27th December 2024 Payment date: 4th March 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but not covered by cash flows (149% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥8,689, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 21% over the past three years.
Price Target Changed • Jun 15Price target increased by 9.7% to JP¥16,171Up from JP¥14,738, the current price target is an average from 7 analysts. New target price is 33% above last closing price of JP¥12,165. Stock is up 49% over the past year. The company is forecast to post earnings per share of JP¥888 for next year compared to JP¥954 last year.
공시 • Jun 02HORIBA, Ltd. to Report Q2, 2024 Results on Aug 08, 2024HORIBA, Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024
Reported Earnings • May 18First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: JP¥167 (down from JP¥321 in 1Q 2023). Revenue: JP¥70.3b (up 6.7% from 1Q 2023). Net income: JP¥7.03b (down 48% from 1Q 2023). Profit margin: 10.0% (down from 21% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to grow 4.6% 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 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
공시 • May 17+ 2 more updatesHORIBA, Ltd. Provides Dividend Guidance for the Second Quarter End of Year Ending December 31, 2024HORIBA, Ltd. provided dividend guidance for the second quarter end of year ending December 31, 2024. For the year, the company expects to pay dividend of JPY 80.00 per share compared to JPY 80.00 per share a year ago.
Buy Or Sell Opportunity • May 15Now 30% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to JP¥13,035. The fair value is estimated to be JP¥18,512, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 4.2% per annum over the same time period.
Buy Or Sell Opportunity • Apr 19Now 23% undervaluedOver the last 90 days, the stock has risen 17% to JP¥14,315. The fair value is estimated to be JP¥18,596, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 4.0% per annum over the same time period.
Declared Dividend • Apr 11Final dividend of JP¥80.00 announcedShareholders will receive a dividend of JP¥80.00. Ex-date: 27th June 2024 Payment date: 4th September 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but not covered by cash flows (149% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 28HORIBA, Ltd. to Report Q1, 2024 Results on May 14, 2024HORIBA, Ltd. announced that they will report Q1, 2024 results on May 14, 2024
Reported Earnings • Mar 28Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥954 (up from JP¥807 in FY 2022). Revenue: JP¥290.6b (up 7.6% from FY 2022). Net income: JP¥40.3b (up 18% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 14Now 20% undervaluedOver the last 90 days, the stock has risen 39% to JP¥14,695. The fair value is estimated to be JP¥18,413, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 4.0% per annum over the same time period.
공시 • Feb 29HORIBA, Ltd. Provides Earnings Guidance for the Year 2028HORIBA, Ltd. provided earnings guidance for the year 2028. For the year, the company expects Net sales of JPY 450 billion and Operating income of JPY 80 billion.
Price Target Changed • Feb 29Price target increased by 7.6% to JP¥13,814Up from JP¥12,843, the current price target is an average from 7 analysts. New target price is 5.4% below last closing price of JP¥14,605. Stock is up 96% over the past year. The company is forecast to post earnings per share of JP¥841 for next year compared to JP¥954 last year.
Buy Or Sell Opportunity • Feb 28Now 20% undervaluedOver the last 90 days, the stock has risen 45% to JP¥14,465. The fair value is estimated to be JP¥18,105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period.
Buy Or Sell Opportunity • Feb 19Now 22% undervaluedOver the last 90 days, the stock has risen 53% to JP¥14,130. The fair value is estimated to be JP¥18,109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 2.9% per annum over the same time period.
공시 • Feb 16HORIBA, Ltd., Annual General Meeting, Mar 23, 2024HORIBA, Ltd., Annual General Meeting, Mar 23, 2024.
Reported Earnings • Feb 16Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥954 (up from JP¥807 in FY 2022). Revenue: JP¥290.6b (up 7.6% from FY 2022). Net income: JP¥40.3b (up 18% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
공시 • Feb 15HORIBA, Ltd. (TSE:6856) announces an Equity Buyback for 530,000 shares, representing 1.25% for ¥5,000 million.HORIBA, Ltd. (TSE:6856) announces a share repurchase program. Under the program, the company will repurchase up to 530,000 shares, representing 1.25% of the issued capital of the company, for up to ¥5,000 million. The repurchased shares will be used as stock compensation for directors and executive officers of the company. The plan will expire on April 30, 2024. As of December 31, 2023, the company had 42,269,723 shares outstanding (excluding treasury stock) and 263,029 shares in treasury.
Price Target Changed • Feb 15Price target increased by 8.7% to JP¥11,586Up from JP¥10,657, the current price target is an average from 7 analysts. New target price is 24% below last closing price of JP¥15,170. Stock is up 112% over the past year. The company is forecast to post earnings per share of JP¥835 for next year compared to JP¥807 last year.
공시 • Feb 14Horiba, Ltd. Announces Year End Dividend for 2023 , Payable on March 4, 2024HORIBA, Ltd. announced that the board of directors' meeting held on February 14, 2024 passed a resolution to distribute dividends for year end 2023 from retained earnings of JPY 210 . Record Date is December 31, 2023. Effective Date is March 4, 2024.
New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% 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 (5.5% average weekly change).
공시 • Dec 28HORIBA, Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024HORIBA, Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024