Espec (6859) 주식 개요는 전 세계적으로 환경 테스트 챔버를 제조 및 판매하는 회사입니다. 자세히 보기6859 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장1/6과거 실적2/6재무 건전성6/6배당4/6강점가격 대비 수익 비율(15.8x)은 Electronic 업계 평균(16x)보다 낮습니다.수익은 매년 7.77% 증가할 것으로 예상됩니다.위험 분석불안정한 배당 실적모든 위험 점검 보기6859 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥4.33k1.3% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture091b2016201920222025202620282031Revenue JP¥91.1bEarnings JP¥7.6bAdvancedSet Fair ValueView all narrativesEspec Corp. 경쟁사Nippon SignalSymbol: TSE:6741Market cap: JP¥96.4bA&D HOLON Holdings CompanySymbol: TSE:7745Market cap: JP¥74.4bNippon AvionicsSymbol: TSE:6946Market cap: JP¥72.5bNagano KeikiSymbol: TSE:7715Market cap: JP¥75.2b가격 이력 및 성과Espec 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥4,330.0052주 최고가JP¥4,380.0052주 최저가JP¥2,846.00베타0.941개월 변동27.54%3개월 변동27.73%1년 변동47.78%3년 변동84.73%5년 변동95.57%IPO 이후 변동220.74%최근 뉴스 및 업데이트Buy Or Sell Opportunity • May 29Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 3.0% to JP¥3,980. The fair value is estimated to be JP¥3,234, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.분석 기사 • May 21Espec's (TSE:6859) Problems Go Beyond Weak ProfitInvestors were disappointed by Espec Corp.'s ( TSE:6859 ) latest earnings release. We did some further digging and...Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥270 (down from JP¥275 in FY 2025). Revenue: JP¥70.0b (up 4.1% from FY 2025). Net income: JP¥5.88b (down 2.1% from FY 2025). Profit margin: 8.4% (down from 8.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 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 increased by 15% per year whereas the company’s share price has increased by 17% per year.공시 • May 14Espec Corp., Annual General Meeting, Jun 26, 2026Espec Corp., Annual General Meeting, Jun 26, 2026.공시 • Apr 06Espec Corp. to Report Fiscal Year 2026 Results on May 14, 2026Espec Corp. announced that they will report fiscal year 2026 results on May 14, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).더 많은 업데이트 보기Recent updatesBuy Or Sell Opportunity • May 29Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 3.0% to JP¥3,980. The fair value is estimated to be JP¥3,234, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.분석 기사 • May 21Espec's (TSE:6859) Problems Go Beyond Weak ProfitInvestors were disappointed by Espec Corp.'s ( TSE:6859 ) latest earnings release. We did some further digging and...Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥270 (down from JP¥275 in FY 2025). Revenue: JP¥70.0b (up 4.1% from FY 2025). Net income: JP¥5.88b (down 2.1% from FY 2025). Profit margin: 8.4% (down from 8.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 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 increased by 15% per year whereas the company’s share price has increased by 17% per year.공시 • May 14Espec Corp., Annual General Meeting, Jun 26, 2026Espec Corp., Annual General Meeting, Jun 26, 2026.공시 • Apr 06Espec Corp. to Report Fiscal Year 2026 Results on May 14, 2026Espec Corp. announced that they will report fiscal year 2026 results on May 14, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Buy Or Sell Opportunity • Mar 03Now 23% undervaluedOver the last 90 days, the stock has risen 10% to JP¥3,645. The fair value is estimated to be JP¥4,715, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 28% in the next 2 years.Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥64.65 (vs JP¥63.80 in 3Q 2025)Third quarter 2026 results: EPS: JP¥64.65 (up from JP¥63.80 in 3Q 2025). Revenue: JP¥16.8b (up 6.0% from 3Q 2025). Net income: JP¥1.41b (up 1.1% from 3Q 2025). Profit margin: 8.4% (down from 8.8% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% 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 19% per year whereas the company’s share price has increased by 23% per year.분석 기사 • Jan 06Espec (TSE:6859) Has Announced That It Will Be Increasing Its Dividend To ¥70.00The board of Espec Corp. ( TSE:6859 ) has announced that it will be paying its dividend of ¥70.00 on the 23rd of June...공시 • Jan 06Espec Corp. to Report Q3, 2026 Results on Feb 12, 2026Espec Corp. announced that they will report Q3, 2026 results on Feb 12, 2026분석 기사 • Dec 12Espec's (TSE:6859) Upcoming Dividend Will Be Larger Than Last Year'sEspec Corp. ( TSE:6859 ) has announced that it will be increasing its dividend from last year's comparable payment on...Declared Dividend • Dec 12First half dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (49% 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 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥82.48 (vs JP¥77.69 in 2Q 2025)Second quarter 2026 results: EPS: JP¥82.48 (up from JP¥77.69 in 2Q 2025). Revenue: JP¥18.0b (up 7.3% from 2Q 2025). Net income: JP¥1.81b (up 6.4% from 2Q 2025). Profit margin: 10.0% (in line with 2Q 2025). Revenue is forecast to grow 1.7% 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 increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • Nov 13Espec Corp. (TSE:6859) announces an Equity Buyback for 900,000 shares, representing 4.05% for $3,500 million.Espec Corp. (TSE:6859) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares, representing 4.05% of its issued share capital for ¥3,500 million. The shares will be repurchased at a price of ¥3,888.88 per share. The purpose of the program is raising enterprise value is the key element in ensuring improved shareholder returns. The Program is valid till July 31, 2026. As of September 30, 2025, the company has 22,208,030 issued shares excluding treasury shares and 1,573,364 shares in treasury.Upcoming Dividend • Sep 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).분석 기사 • Sep 17Espec (TSE:6859) Will Pay A Dividend Of ¥45.00Espec Corp.'s ( TSE:6859 ) investors are due to receive a payment of ¥45.00 per share on 10th of December. This takes...공시 • Sep 17Espec Corp. to Report Q2, 2026 Results on Nov 13, 2025Espec Corp. announced that they will report Q2, 2026 results on Nov 13, 2025Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥4.90 (vs JP¥34.63 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.90 (down from JP¥34.63 in 1Q 2025). Revenue: JP¥12.3b (down 10.0% from 1Q 2025). Net income: JP¥107.0m (down 86% from 1Q 2025). Profit margin: 0.9% (down from 5.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% 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 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.분석 기사 • Jul 24Espec (TSE:6859) Is Due To Pay A Dividend Of ¥45.00Espec Corp.'s ( TSE:6859 ) investors are due to receive a payment of ¥45.00 per share on 10th of December. This takes...분석 기사 • Jul 09Espec (TSE:6859) Is Due To Pay A Dividend Of ¥45.00Espec Corp. ( TSE:6859 ) will pay a dividend of ¥45.00 on the 10th of December. This makes the dividend yield 3.6...Declared Dividend • Jul 09Final dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 29th September 2025 Payment date: 10th December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but not covered by cash flows (111% 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 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jun 26Espec Corp. to Report Q1, 2026 Results on Aug 07, 2025Espec Corp. announced that they will report Q1, 2026 results on Aug 07, 2025Reported Earnings • Jun 20Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥275 (up from JP¥228 in FY 2024). Revenue: JP¥67.3b (up 8.3% from FY 2024). Net income: JP¥6.00b (up 21% from FY 2024). Profit margin: 8.9% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 1.6% 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 37% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 21Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥275 (up from JP¥228 in FY 2024). Revenue: JP¥67.3b (up 8.3% from FY 2024). Net income: JP¥6.00b (up 21% from FY 2024). Profit margin: 8.9% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 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 37% 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 • May 16Espec Corp.'s (TSE:6859) Price Is Right But Growth Is Lacking After Shares Rocket 26%Espec Corp. ( TSE:6859 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...공시 • May 15Espec Corp., Annual General Meeting, Jun 20, 2025Espec Corp., Annual General Meeting, Jun 20, 2025.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,701, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,623 per share.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,953, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 20% over the past three years.분석 기사 • Mar 25Espec's (TSE:6859) Upcoming Dividend Will Be Larger Than Last Year'sEspec Corp. ( TSE:6859 ) has announced that it will be increasing its dividend from last year's comparable payment on...Upcoming Dividend • Mar 24Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).공시 • Mar 11+ 1 more updateEspec Corp. Revises Year-End Cash Dividend Guidance for the Fiscal Year Ending March 31, 2025Espec Corp. revised year-end cash dividend guidance for the fiscal year ending March 31, 2025. For the period, the company expects to pay year-end cash dividend of JPY 60.00 per share compared to JPY 45.00 per share forecasted earlier. The company decides dividends in consideration of continuity and consolidated dividend payout ratio, and the company regard the return of profits to shareholders as one of priority management challenges. In light of the Company's results for the revision of the consolidated full-year financial forecast, the Company has decided to increase the year-end dividend by JPY 15 per share to JPY 60.분석 기사 • Mar 10Espec (TSE:6859) Is Increasing Its Dividend To ¥60.00Espec Corp. ( TSE:6859 ) has announced that it will be increasing its dividend from last year's comparable payment on...공시 • Mar 04Espec Corp. to Report Fiscal Year 2025 Results on May 15, 2025Espec Corp. announced that they will report fiscal year 2025 results on May 15, 2025Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥63.80 (vs JP¥65.59 in 3Q 2024)Third quarter 2025 results: EPS: JP¥63.80 (down from JP¥65.59 in 3Q 2024). Revenue: JP¥15.8b (up 6.0% from 3Q 2024). Net income: JP¥1.39b (down 2.7% from 3Q 2024). Profit margin: 8.8% (in line with 3Q 2024). Revenue is forecast to grow 4.5% 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 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Declared Dividend • Dec 11First half dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 28th March 2025 Payment date: 24th June 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 (32% earnings payout ratio) and cash flows (69% 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 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Dec 03Espec Corp. to Report Q3, 2025 Results on Feb 13, 2025Espec Corp. announced that they will report Q3, 2025 results on Feb 13, 2025Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥77.68 (vs JP¥49.84 in 2Q 2024)Second quarter 2025 results: EPS: JP¥77.68 (up from JP¥49.84 in 2Q 2024). Revenue: JP¥16.8b (up 12% from 2Q 2024). Net income: JP¥1.70b (up 56% from 2Q 2024). Profit margin: 10% (up from 7.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% 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 43% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 25Price target increased by 11% to JP¥4,000Up from JP¥3,600, the current price target is an average from 2 analysts. New target price is 56% above last closing price of JP¥2,559. Stock is up 16% over the past year. The company is forecast to post earnings per share of JP¥249 for next year compared to JP¥228 last year.Upcoming Dividend • Sep 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).분석 기사 • Aug 29Espec (TSE:6859) Has Announced A Dividend Of ¥35.00The board of Espec Corp. ( TSE:6859 ) has announced that it will pay a dividend on the 11th of December, with investors...공시 • Aug 28Espec Corp. to Report Q2, 2025 Results on Nov 12, 2024Espec Corp. announced that they will report Q2, 2025 results on Nov 12, 2024분석 기사 • Aug 05Investors Give Espec Corp. (TSE:6859) Shares A 30% HidingThe Espec Corp. ( TSE:6859 ) share price has fared very poorly over the last month, falling by a substantial 30%. The...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 6.5% 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 Dividend is not well covered by cash flows (351% cash payout ratio). Share price has been volatile over the past 3 months (6.5% 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¥2,147, 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 5.7% over the past three years.분석 기사 • Jul 26Espec (TSE:6859) Will Pay A Dividend Of ¥35.00Espec Corp.'s ( TSE:6859 ) investors are due to receive a payment of ¥35.00 per share on 11th of December. This will...분석 기사 • Jul 11Espec (TSE:6859) Will Pay A Dividend Of ¥35.00Espec Corp. ( TSE:6859 ) will pay a dividend of ¥35.00 on the 11th of December. This makes the dividend yield 2.6...Declared Dividend • Jul 11Final dividend of JP¥35.00 announcedShareholders will receive a dividend of JP¥35.00. Ex-date: 27th September 2024 Payment date: 11th December 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but not covered by cash flows (351% 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 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 02Now 21% undervaluedOver the last 90 days, the stock has risen 4.5% to JP¥3,130. The fair value is estimated to be JP¥3,953, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.공시 • Jun 30Espec Corp. to Report Q1, 2025 Results on Aug 08, 2024Espec Corp. announced that they will report Q1, 2025 results on Aug 08, 2024Reported Earnings • Jun 28Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥228 (up from JP¥150 in FY 2023). Revenue: JP¥62.1b (up 18% from FY 2023). Net income: JP¥4.97b (up 49% from FY 2023). Profit margin: 8.0% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 4.9% 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 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • May 29Espec Corp. Proposes Dividend for the Fiscal Year Ended March 31, 2024, Effective June 24, 2024ESPEC CORP. announced that it has resolved, at a meeting of the Board of Directors held on May 15, 2024, to pay dividends of surplus with a record date of March 31, 2024. Details of dividend:Record date is March 31, 2024; Dividend per share of JPY 50.00 as compared to dividend of JPY 43.00 per share a year ago. Total amount of dividends: JPY 1,103 million; Effective date is June 24, 2024; Source of dividends: Retained earnings. The Company plans to submit this proposal to the Ordinary General Meeting of Shareholders scheduled for June 21, 2024.Major Estimate Revision • May 29Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥62.5b to JP¥67.0b. EPS estimate increased from JP¥222 to JP¥252 per share. Net income forecast to grow 11% next year vs 13% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥3,600 to JP¥3,850. Share price was steady at JP¥3,180 over the past week.Reported Earnings • May 21Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥228 (up from JP¥150 in FY 2023). Revenue: JP¥62.1b (up 18% from FY 2023). Net income: JP¥4.97b (up 49% from FY 2023). Profit margin: 8.0% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 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 40% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.New Risk • May 21New major risk - Revenue and earnings growthEarnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.공시 • May 17Espec Corp., Annual General Meeting, Jun 21, 2024Espec Corp., Annual General Meeting, Jun 21, 2024.Buy Or Sell Opportunity • May 02Now 21% undervaluedOver the last 90 days, the stock has risen 15% to JP¥2,930. The fair value is estimated to be JP¥3,687, 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 38%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.Buy Or Sell Opportunity • Apr 17Now 21% undervaluedOver the last 90 days, the stock has risen 16% to JP¥2,935. The fair value is estimated to be JP¥3,718, 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 38%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).Price Target Changed • Mar 14Price target increased by 13% to JP¥3,600Up from JP¥3,200, the current price target is an average from 2 analysts. New target price is 29% above last closing price of JP¥2,785. Stock is up 40% over the past year. The company is forecast to post earnings per share of JP¥201 for next year compared to JP¥150 last year.Buy Or Sell Opportunity • Mar 11Now 21% undervaluedOver the last 90 days, the stock has risen 25% to JP¥2,830. The fair value is estimated to be JP¥3,564, 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 38%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.공시 • Mar 02Espec Corp. to Report Fiscal Year 2024 Results on May 15, 2024Espec Corp. announced that they will report fiscal year 2024 results on May 15, 2024공시 • Feb 20Espec Corp. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Espec Corp. provided dividend guidance for the fiscal year ending March 31, 2024. For the year ending, company expects to pay dividend of JPY 45.00 per share against JPY 43.00 per share for the previous period.Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: JP¥65.59 (vs JP¥32.88 in 3Q 2023)Third quarter 2024 results: EPS: JP¥65.59 (up from JP¥32.88 in 3Q 2023). Revenue: JP¥14.9b (up 15% from 3Q 2023). Net income: JP¥1.43b (up 98% from 3Q 2023). Profit margin: 9.6% (up from 5.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% 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 38% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jan 29Now 20% undervaluedOver the last 90 days, the stock has risen 15% to JP¥2,535. The fair value is estimated to be JP¥3,173, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.공시 • Dec 07Espec Corp. to Report First Half, 2024 Results on Dec 06, 2023Espec Corp. announced that they will report first half, 2024 results on Dec 06, 2023공시 • Nov 30Espec Corp. to Report Q3, 2024 Results on Feb 13, 2024Espec Corp. announced that they will report Q3, 2024 results on Feb 13, 2024공시 • Nov 18Espec Corp. Announces Dividend for the Second Quarter End of Fiscal Year 2024, Commences Dividend Payments on December 11, 2023Espec Corp. announced dividend of JPY 25 per share for the second quarter end of fiscal year 2024. Scheduled date to commence dividend payments on December 11, 2023.Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥49.83 (vs JP¥46.70 in 2Q 2023)Second quarter 2024 results: EPS: JP¥49.83 (up from JP¥46.70 in 2Q 2023). Revenue: JP¥15.0b (up 5.4% from 2Q 2023). Net income: JP¥1.09b (up 4.0% from 2Q 2023). Profit margin: 7.3% (down from 7.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% 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 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 December 2023. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).공시 • Aug 31Espec Corp. to Report Q2, 2024 Results on Nov 10, 2023Espec Corp. announced that they will report Q2, 2024 results on Nov 10, 2023Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥25.88 (vs JP¥2.77 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥25.88 (up from JP¥2.77 loss in 1Q 2023). Revenue: JP¥12.3b (up 41% from 1Q 2023). Net income: JP¥565.0m (up JP¥627.0m from 1Q 2023). Profit margin: 4.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.2% 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 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 09Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥2,893, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 7.9%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.Price Target Changed • Jul 14Price target increased by 7.4% to JP¥2,900Up from JP¥2,700, the current price target is an average from 2 analysts. New target price is 27% above last closing price of JP¥2,281. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥179 for next year compared to JP¥150 last year.Reported Earnings • May 18Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥150 (up from JP¥84.84 in FY 2022). Revenue: JP¥52.9b (up 26% from FY 2022). Net income: JP¥3.33b (up 75% from FY 2022). Profit margin: 6.3% (up from 4.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 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 8% per year whereas the company’s share price has increased by 6% per year.공시 • May 17Espec Corp., Annual General Meeting, Jun 23, 2023Espec Corp., Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥45.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Price Target Changed • Feb 21Price target increased by 9.8% to JP¥2,800Up from JP¥2,550, the current price target is an average from 2 analysts. New target price is 40% above last closing price of JP¥1,998. Stock is up 0.9% over the past year. The company is forecast to post earnings per share of JP¥148 for next year compared to JP¥84.84 last year.공시 • Feb 17+ 2 more updatesEspec Corp. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Espec Corp. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expects net sales to be JPY 52,000 million, operating profit to be JPY 4,000 million, profit attributable to owners of the parent to be JPY 2,900 million, basic earnings per share to be JPY 129.50.Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: JP¥32.87 (vs JP¥27.00 in 3Q 2022)Third quarter 2023 results: EPS: JP¥32.87 (up from JP¥27.00 in 3Q 2022). Revenue: JP¥13.0b (up 23% from 3Q 2022). Net income: JP¥724.0m (up 20% from 3Q 2022). Profit margin: 5.6% (down from 5.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% 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 fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.공시 • Dec 28Espec Corp. to Report Q3, 2023 Results on Feb 13, 2023Espec Corp. announced that they will report Q3, 2023 results on Feb 13, 2023공시 • Nov 23+ 1 more updateEspec Corp. Declares Commemorative Dividend for the Second Quarter Ended September 30, 2022, Payable on December 12, 2022; Provides Commemorative Dividend Guidance for the Fiscal Year Ending March 31, 2023Espec Corp. declared commemorative dividend of JPY 2 per share for second quarter ended September 30, 2022, payable on December 12, 2022.The company provided commemorative dividend guidance for the fiscal year ending March 31, 2023, for the period, the company expects commemorative dividend to be JPY 2 per share.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Director Kazuo Hirata was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥46.70 (vs JP¥11.35 in 2Q 2022)Second quarter 2023 results: EPS: JP¥46.70 (up from JP¥11.35 in 2Q 2022). Revenue: JP¥14.2b (up 49% from 2Q 2022). Net income: JP¥1.05b (up 312% from 2Q 2022). Profit margin: 7.4% (up from 2.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% 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 fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공시 • Nov 12Espec Corp. (TSE:6859) announces an Equity Buyback for 680,000 shares, representing 3.02% for ¥1,324.64 million.Espec Corp. (TSE:6859) announces a share repurchase program. Under the program, the company will repurchase up to 680,000 shares, representing 3.02% of its issued share capital for ¥1,324.64 million. The shares will be repurchased at a price of ¥ 1,948 per share. The purpose of the program is to implement agile capital policy in response to changes in the corporate environment. As of September 30, 2022, the company has 22,549,321 issued shares and 1,232,073 shares in treasury.공시 • Nov 10Espec Corp. Revises Consolidated Earnings Guidance for the Six Months Ended September 30, 2022 and for the Fiscal Year Ending March 31, 2023Espec Corp. revises consolidated earnings guidance for the six months ended September 30, 2022 and for the fiscal year ending March 31, 2023. For the six months, the company now expects net sales to be JPY 22,900 million, Operating profit to be JPY 1,400 million, Profit attributable to owners of parent to be JPY 980 million or JPY 43.78 per basic share, against previous forecast of net sales of JPY 23,500 million, Operating profit of JPY 1,950 million, Profit attributable to owners of parent of JPY 1,300 million or JPY 58.11 per basic share.For the full year, the company now expects net sales to be JPY 52,000 million, Operating profit to be JPY 4,000 million, Profit attributable to owners of parent to be JPY 2,900 million or JPY 129.50 per basic share, against previous forecast of net sales of JPY 50,000 million, Operating profit of JPY 5,000 million, Profit attributable to owners of parent of JPY 3,600 million or JPY 160.92 per basic share.Upcoming Dividend • Sep 22Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).공시 • Sep 09Espec Corp. (TSE:6859) agreed to acquire Environmental Test Equipment Business of Hitachi-Johnson Controls Air Conditioning, Inc.Espec Corp. (TSE:6859) agreed to acquire Environmental Test Equipment Business of Hitachi-Johnson Controls Air Conditioning, Inc on September 8, 2022.공시 • Aug 31Espec Corp. to Report Q2, 2023 Results on Nov 11, 2022Espec Corp. announced that they will report Q2, 2023 results on Nov 11, 2022공시 • Aug 22+ 1 more updateEspec Corp. Provides Dividend Guidance for the Second Quarter-End and for the Full Year of Fiscal Year Ending March 31, 2023Espec Corp. provided dividend guidance for the second quarter-end and for the full year of fiscal year ending March 31, 2023. For the second quarter ending September 30, 2022, the company expects to pay dividend of JPY 24.00 per share against JPY 18.00 per share paid for the same period a year ago. Components of the interim dividend: Ordinary dividend – JPY 22; Commemorative dividend – JPY 2.For the full year ending March 31, 2023, the company expects to pay year-end dividend of JPY 45.00 per share against JPY 42.00 per share paid for the same period a year ago. Components of the year-end dividend: Ordinary dividend – JPY 43; Commemorative dividend – JPY 2.Reported Earnings • Aug 11First quarter 2023 earnings released: JP¥2.77 loss per share (vs JP¥1.06 loss in 1Q 2022)First quarter 2023 results: JP¥2.77 loss per share (down from JP¥1.06 loss in 1Q 2022). Revenue: JP¥8.73b (up 8.4% from 1Q 2022). Net loss: JP¥62.0m (loss widened 158% from 1Q 2022). Over the next year, revenue is forecast to grow 19%, compared to a 9.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Jun 05Espec Corp. to Report Q1, 2023 Results on Aug 09, 2022Espec Corp. announced that they will report Q1, 2023 results on Aug 09, 2022공시 • May 31+ 2 more updatesEspec Corp. Announces Year-End Cash Dividend for the Fiscal Year Ended March 31, 2022, Payable on June 24, 2022Espec Corp. announced year-end cash dividend of JP 42.00 per share for the fiscal year ended March 31, 2022 compared to JP 41.00 per share paid a year ago. Scheduled date to commence dividend payments is June 24, 2022.주주 수익률6859JP ElectronicJP 시장7D3.8%4.2%2.9%1Y47.8%117.1%43.8%전체 주주 수익률 보기수익률 대 산업: 6859은 지난 1년 동안 117.1%의 수익을 기록한 JP Electronic 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 6859은 지난 1년 동안 43.8%를 기록한 JP 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 6859's price volatile compared to industry and market?6859 volatility6859 Average Weekly Movement5.3%Electronic Industry Average Movement6.9%Market Average Movement4.6%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.4%안정적인 주가: 6859는 지난 3개월 동안 JP 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 6859의 주간 변동성(5%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트19471,860Satoshi Aratawww.espec.co.jp는 전 세계적으로 환경 테스트 챔버를 제조 및 판매하는 회사입니다. 이 회사는 세 가지 부문으로 운영됩니다: 장비 사업, 서비스 사업, 기타 사업입니다. 이 회사는 온습도 챔버/고속 열 사이클 챔버, 열충격 챔버, 온도 챔버, 네트워크 솔루션을 제공합니다.더 보기Espec Corp. 기초 지표 요약Espec의 순이익과 매출은 시가총액과 어떻게 비교됩니까?6859 기초 통계시가총액JP¥92.95b순이익 (TTM)JP¥5.88b매출 (TTM)JP¥70.03b15.8x주가수익비율(P/E)1.3x주가매출비율(P/S)6859는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표6859 손익계산서 (TTM)매출JP¥70.03b매출원가JP¥45.74b총이익JP¥24.30b기타 비용JP¥18.42b순이익JP¥5.88b최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)273.86총이익률34.69%순이익률8.39%부채/자본 비율1.0%6859의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당2.7%현재 배당 수익률42%배당 성향6859는 안정적으로 배당을 지급합니까?6859 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 6859를 매수해야 하나요?Espec 배당 일정배당락일Mar 30 2026배당 지급일Jun 29 2026배당락일까지 남은 일수79 days배당 지급일까지 남은 일수12 days6859는 안정적으로 배당을 지급합니까?6859 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/16 06:27종가2026/06/16 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 소스Espec Corp.는 5명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Junji OkawaDaiwa Securities Co. Ltd.Natsuko DouglasHaitong International Research LimitedKoichi HariyaIchiyoshi Research Institute Inc.2명의 분석가 더 보기
Buy Or Sell Opportunity • May 29Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 3.0% to JP¥3,980. The fair value is estimated to be JP¥3,234, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.
분석 기사 • May 21Espec's (TSE:6859) Problems Go Beyond Weak ProfitInvestors were disappointed by Espec Corp.'s ( TSE:6859 ) latest earnings release. We did some further digging and...
Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥270 (down from JP¥275 in FY 2025). Revenue: JP¥70.0b (up 4.1% from FY 2025). Net income: JP¥5.88b (down 2.1% from FY 2025). Profit margin: 8.4% (down from 8.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 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 increased by 15% per year whereas the company’s share price has increased by 17% per year.
공시 • May 14Espec Corp., Annual General Meeting, Jun 26, 2026Espec Corp., Annual General Meeting, Jun 26, 2026.
공시 • Apr 06Espec Corp. to Report Fiscal Year 2026 Results on May 14, 2026Espec Corp. announced that they will report fiscal year 2026 results on May 14, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Buy Or Sell Opportunity • May 29Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 3.0% to JP¥3,980. The fair value is estimated to be JP¥3,234, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.
분석 기사 • May 21Espec's (TSE:6859) Problems Go Beyond Weak ProfitInvestors were disappointed by Espec Corp.'s ( TSE:6859 ) latest earnings release. We did some further digging and...
Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥270 (down from JP¥275 in FY 2025). Revenue: JP¥70.0b (up 4.1% from FY 2025). Net income: JP¥5.88b (down 2.1% from FY 2025). Profit margin: 8.4% (down from 8.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 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 increased by 15% per year whereas the company’s share price has increased by 17% per year.
공시 • May 14Espec Corp., Annual General Meeting, Jun 26, 2026Espec Corp., Annual General Meeting, Jun 26, 2026.
공시 • Apr 06Espec Corp. to Report Fiscal Year 2026 Results on May 14, 2026Espec Corp. announced that they will report fiscal year 2026 results on May 14, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Buy Or Sell Opportunity • Mar 03Now 23% undervaluedOver the last 90 days, the stock has risen 10% to JP¥3,645. The fair value is estimated to be JP¥4,715, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 28% in the next 2 years.
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥64.65 (vs JP¥63.80 in 3Q 2025)Third quarter 2026 results: EPS: JP¥64.65 (up from JP¥63.80 in 3Q 2025). Revenue: JP¥16.8b (up 6.0% from 3Q 2025). Net income: JP¥1.41b (up 1.1% from 3Q 2025). Profit margin: 8.4% (down from 8.8% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% 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 19% per year whereas the company’s share price has increased by 23% per year.
분석 기사 • Jan 06Espec (TSE:6859) Has Announced That It Will Be Increasing Its Dividend To ¥70.00The board of Espec Corp. ( TSE:6859 ) has announced that it will be paying its dividend of ¥70.00 on the 23rd of June...
공시 • Jan 06Espec Corp. to Report Q3, 2026 Results on Feb 12, 2026Espec Corp. announced that they will report Q3, 2026 results on Feb 12, 2026
분석 기사 • Dec 12Espec's (TSE:6859) Upcoming Dividend Will Be Larger Than Last Year'sEspec Corp. ( TSE:6859 ) has announced that it will be increasing its dividend from last year's comparable payment on...
Declared Dividend • Dec 12First half dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (49% 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 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥82.48 (vs JP¥77.69 in 2Q 2025)Second quarter 2026 results: EPS: JP¥82.48 (up from JP¥77.69 in 2Q 2025). Revenue: JP¥18.0b (up 7.3% from 2Q 2025). Net income: JP¥1.81b (up 6.4% from 2Q 2025). Profit margin: 10.0% (in line with 2Q 2025). Revenue is forecast to grow 1.7% 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 increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • Nov 13Espec Corp. (TSE:6859) announces an Equity Buyback for 900,000 shares, representing 4.05% for $3,500 million.Espec Corp. (TSE:6859) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares, representing 4.05% of its issued share capital for ¥3,500 million. The shares will be repurchased at a price of ¥3,888.88 per share. The purpose of the program is raising enterprise value is the key element in ensuring improved shareholder returns. The Program is valid till July 31, 2026. As of September 30, 2025, the company has 22,208,030 issued shares excluding treasury shares and 1,573,364 shares in treasury.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
분석 기사 • Sep 17Espec (TSE:6859) Will Pay A Dividend Of ¥45.00Espec Corp.'s ( TSE:6859 ) investors are due to receive a payment of ¥45.00 per share on 10th of December. This takes...
공시 • Sep 17Espec Corp. to Report Q2, 2026 Results on Nov 13, 2025Espec Corp. announced that they will report Q2, 2026 results on Nov 13, 2025
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥4.90 (vs JP¥34.63 in 1Q 2025)First quarter 2026 results: EPS: JP¥4.90 (down from JP¥34.63 in 1Q 2025). Revenue: JP¥12.3b (down 10.0% from 1Q 2025). Net income: JP¥107.0m (down 86% from 1Q 2025). Profit margin: 0.9% (down from 5.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% 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 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jul 24Espec (TSE:6859) Is Due To Pay A Dividend Of ¥45.00Espec Corp.'s ( TSE:6859 ) investors are due to receive a payment of ¥45.00 per share on 10th of December. This takes...
분석 기사 • Jul 09Espec (TSE:6859) Is Due To Pay A Dividend Of ¥45.00Espec Corp. ( TSE:6859 ) will pay a dividend of ¥45.00 on the 10th of December. This makes the dividend yield 3.6...
Declared Dividend • Jul 09Final dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 29th September 2025 Payment date: 10th December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but not covered by cash flows (111% 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 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jun 26Espec Corp. to Report Q1, 2026 Results on Aug 07, 2025Espec Corp. announced that they will report Q1, 2026 results on Aug 07, 2025
Reported Earnings • Jun 20Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥275 (up from JP¥228 in FY 2024). Revenue: JP¥67.3b (up 8.3% from FY 2024). Net income: JP¥6.00b (up 21% from FY 2024). Profit margin: 8.9% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 1.6% 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 37% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 21Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥275 (up from JP¥228 in FY 2024). Revenue: JP¥67.3b (up 8.3% from FY 2024). Net income: JP¥6.00b (up 21% from FY 2024). Profit margin: 8.9% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 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 37% 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 • May 16Espec Corp.'s (TSE:6859) Price Is Right But Growth Is Lacking After Shares Rocket 26%Espec Corp. ( TSE:6859 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
공시 • May 15Espec Corp., Annual General Meeting, Jun 20, 2025Espec Corp., Annual General Meeting, Jun 20, 2025.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,701, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,623 per share.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,953, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 20% over the past three years.
분석 기사 • Mar 25Espec's (TSE:6859) Upcoming Dividend Will Be Larger Than Last Year'sEspec Corp. ( TSE:6859 ) has announced that it will be increasing its dividend from last year's comparable payment on...
Upcoming Dividend • Mar 24Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
공시 • Mar 11+ 1 more updateEspec Corp. Revises Year-End Cash Dividend Guidance for the Fiscal Year Ending March 31, 2025Espec Corp. revised year-end cash dividend guidance for the fiscal year ending March 31, 2025. For the period, the company expects to pay year-end cash dividend of JPY 60.00 per share compared to JPY 45.00 per share forecasted earlier. The company decides dividends in consideration of continuity and consolidated dividend payout ratio, and the company regard the return of profits to shareholders as one of priority management challenges. In light of the Company's results for the revision of the consolidated full-year financial forecast, the Company has decided to increase the year-end dividend by JPY 15 per share to JPY 60.
분석 기사 • Mar 10Espec (TSE:6859) Is Increasing Its Dividend To ¥60.00Espec Corp. ( TSE:6859 ) has announced that it will be increasing its dividend from last year's comparable payment on...
공시 • Mar 04Espec Corp. to Report Fiscal Year 2025 Results on May 15, 2025Espec Corp. announced that they will report fiscal year 2025 results on May 15, 2025
Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥63.80 (vs JP¥65.59 in 3Q 2024)Third quarter 2025 results: EPS: JP¥63.80 (down from JP¥65.59 in 3Q 2024). Revenue: JP¥15.8b (up 6.0% from 3Q 2024). Net income: JP¥1.39b (down 2.7% from 3Q 2024). Profit margin: 8.8% (in line with 3Q 2024). Revenue is forecast to grow 4.5% 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 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Dec 11First half dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 28th March 2025 Payment date: 24th June 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 (32% earnings payout ratio) and cash flows (69% 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 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Dec 03Espec Corp. to Report Q3, 2025 Results on Feb 13, 2025Espec Corp. announced that they will report Q3, 2025 results on Feb 13, 2025
Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥77.68 (vs JP¥49.84 in 2Q 2024)Second quarter 2025 results: EPS: JP¥77.68 (up from JP¥49.84 in 2Q 2024). Revenue: JP¥16.8b (up 12% from 2Q 2024). Net income: JP¥1.70b (up 56% from 2Q 2024). Profit margin: 10% (up from 7.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% 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 43% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 25Price target increased by 11% to JP¥4,000Up from JP¥3,600, the current price target is an average from 2 analysts. New target price is 56% above last closing price of JP¥2,559. Stock is up 16% over the past year. The company is forecast to post earnings per share of JP¥249 for next year compared to JP¥228 last year.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
분석 기사 • Aug 29Espec (TSE:6859) Has Announced A Dividend Of ¥35.00The board of Espec Corp. ( TSE:6859 ) has announced that it will pay a dividend on the 11th of December, with investors...
공시 • Aug 28Espec Corp. to Report Q2, 2025 Results on Nov 12, 2024Espec Corp. announced that they will report Q2, 2025 results on Nov 12, 2024
분석 기사 • Aug 05Investors Give Espec Corp. (TSE:6859) Shares A 30% HidingThe Espec Corp. ( TSE:6859 ) share price has fared very poorly over the last month, falling by a substantial 30%. The...
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 6.5% 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 Dividend is not well covered by cash flows (351% cash payout ratio). Share price has been volatile over the past 3 months (6.5% 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¥2,147, 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 5.7% over the past three years.
분석 기사 • Jul 26Espec (TSE:6859) Will Pay A Dividend Of ¥35.00Espec Corp.'s ( TSE:6859 ) investors are due to receive a payment of ¥35.00 per share on 11th of December. This will...
분석 기사 • Jul 11Espec (TSE:6859) Will Pay A Dividend Of ¥35.00Espec Corp. ( TSE:6859 ) will pay a dividend of ¥35.00 on the 11th of December. This makes the dividend yield 2.6...
Declared Dividend • Jul 11Final dividend of JP¥35.00 announcedShareholders will receive a dividend of JP¥35.00. Ex-date: 27th September 2024 Payment date: 11th December 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but not covered by cash flows (351% 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 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 02Now 21% undervaluedOver the last 90 days, the stock has risen 4.5% to JP¥3,130. The fair value is estimated to be JP¥3,953, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.
공시 • Jun 30Espec Corp. to Report Q1, 2025 Results on Aug 08, 2024Espec Corp. announced that they will report Q1, 2025 results on Aug 08, 2024
Reported Earnings • Jun 28Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥228 (up from JP¥150 in FY 2023). Revenue: JP¥62.1b (up 18% from FY 2023). Net income: JP¥4.97b (up 49% from FY 2023). Profit margin: 8.0% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 4.9% 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 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • May 29Espec Corp. Proposes Dividend for the Fiscal Year Ended March 31, 2024, Effective June 24, 2024ESPEC CORP. announced that it has resolved, at a meeting of the Board of Directors held on May 15, 2024, to pay dividends of surplus with a record date of March 31, 2024. Details of dividend:Record date is March 31, 2024; Dividend per share of JPY 50.00 as compared to dividend of JPY 43.00 per share a year ago. Total amount of dividends: JPY 1,103 million; Effective date is June 24, 2024; Source of dividends: Retained earnings. The Company plans to submit this proposal to the Ordinary General Meeting of Shareholders scheduled for June 21, 2024.
Major Estimate Revision • May 29Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥62.5b to JP¥67.0b. EPS estimate increased from JP¥222 to JP¥252 per share. Net income forecast to grow 11% next year vs 13% growth forecast for Electronic industry in Japan. Consensus price target up from JP¥3,600 to JP¥3,850. Share price was steady at JP¥3,180 over the past week.
Reported Earnings • May 21Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥228 (up from JP¥150 in FY 2023). Revenue: JP¥62.1b (up 18% from FY 2023). Net income: JP¥4.97b (up 49% from FY 2023). Profit margin: 8.0% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 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 40% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
New Risk • May 21New major risk - Revenue and earnings growthEarnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
공시 • May 17Espec Corp., Annual General Meeting, Jun 21, 2024Espec Corp., Annual General Meeting, Jun 21, 2024.
Buy Or Sell Opportunity • May 02Now 21% undervaluedOver the last 90 days, the stock has risen 15% to JP¥2,930. The fair value is estimated to be JP¥3,687, 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 38%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.
Buy Or Sell Opportunity • Apr 17Now 21% undervaluedOver the last 90 days, the stock has risen 16% to JP¥2,935. The fair value is estimated to be JP¥3,718, 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 38%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
Price Target Changed • Mar 14Price target increased by 13% to JP¥3,600Up from JP¥3,200, the current price target is an average from 2 analysts. New target price is 29% above last closing price of JP¥2,785. Stock is up 40% over the past year. The company is forecast to post earnings per share of JP¥201 for next year compared to JP¥150 last year.
Buy Or Sell Opportunity • Mar 11Now 21% undervaluedOver the last 90 days, the stock has risen 25% to JP¥2,830. The fair value is estimated to be JP¥3,564, 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 38%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
공시 • Mar 02Espec Corp. to Report Fiscal Year 2024 Results on May 15, 2024Espec Corp. announced that they will report fiscal year 2024 results on May 15, 2024
공시 • Feb 20Espec Corp. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Espec Corp. provided dividend guidance for the fiscal year ending March 31, 2024. For the year ending, company expects to pay dividend of JPY 45.00 per share against JPY 43.00 per share for the previous period.
Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: JP¥65.59 (vs JP¥32.88 in 3Q 2023)Third quarter 2024 results: EPS: JP¥65.59 (up from JP¥32.88 in 3Q 2023). Revenue: JP¥14.9b (up 15% from 3Q 2023). Net income: JP¥1.43b (up 98% from 3Q 2023). Profit margin: 9.6% (up from 5.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% 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 38% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jan 29Now 20% undervaluedOver the last 90 days, the stock has risen 15% to JP¥2,535. The fair value is estimated to be JP¥3,173, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.
공시 • Dec 07Espec Corp. to Report First Half, 2024 Results on Dec 06, 2023Espec Corp. announced that they will report first half, 2024 results on Dec 06, 2023
공시 • Nov 30Espec Corp. to Report Q3, 2024 Results on Feb 13, 2024Espec Corp. announced that they will report Q3, 2024 results on Feb 13, 2024
공시 • Nov 18Espec Corp. Announces Dividend for the Second Quarter End of Fiscal Year 2024, Commences Dividend Payments on December 11, 2023Espec Corp. announced dividend of JPY 25 per share for the second quarter end of fiscal year 2024. Scheduled date to commence dividend payments on December 11, 2023.
Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥49.83 (vs JP¥46.70 in 2Q 2023)Second quarter 2024 results: EPS: JP¥49.83 (up from JP¥46.70 in 2Q 2023). Revenue: JP¥15.0b (up 5.4% from 2Q 2023). Net income: JP¥1.09b (up 4.0% from 2Q 2023). Profit margin: 7.3% (down from 7.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% 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 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 December 2023. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
공시 • Aug 31Espec Corp. to Report Q2, 2024 Results on Nov 10, 2023Espec Corp. announced that they will report Q2, 2024 results on Nov 10, 2023
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥25.88 (vs JP¥2.77 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥25.88 (up from JP¥2.77 loss in 1Q 2023). Revenue: JP¥12.3b (up 41% from 1Q 2023). Net income: JP¥565.0m (up JP¥627.0m from 1Q 2023). Profit margin: 4.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.2% 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 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 09Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be JP¥2,893, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 7.9%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.
Price Target Changed • Jul 14Price target increased by 7.4% to JP¥2,900Up from JP¥2,700, the current price target is an average from 2 analysts. New target price is 27% above last closing price of JP¥2,281. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥179 for next year compared to JP¥150 last year.
Reported Earnings • May 18Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥150 (up from JP¥84.84 in FY 2022). Revenue: JP¥52.9b (up 26% from FY 2022). Net income: JP¥3.33b (up 75% from FY 2022). Profit margin: 6.3% (up from 4.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 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 8% per year whereas the company’s share price has increased by 6% per year.
공시 • May 17Espec Corp., Annual General Meeting, Jun 23, 2023Espec Corp., Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥45.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Price Target Changed • Feb 21Price target increased by 9.8% to JP¥2,800Up from JP¥2,550, the current price target is an average from 2 analysts. New target price is 40% above last closing price of JP¥1,998. Stock is up 0.9% over the past year. The company is forecast to post earnings per share of JP¥148 for next year compared to JP¥84.84 last year.
공시 • Feb 17+ 2 more updatesEspec Corp. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Espec Corp. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expects net sales to be JPY 52,000 million, operating profit to be JPY 4,000 million, profit attributable to owners of the parent to be JPY 2,900 million, basic earnings per share to be JPY 129.50.
Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: JP¥32.87 (vs JP¥27.00 in 3Q 2022)Third quarter 2023 results: EPS: JP¥32.87 (up from JP¥27.00 in 3Q 2022). Revenue: JP¥13.0b (up 23% from 3Q 2022). Net income: JP¥724.0m (up 20% from 3Q 2022). Profit margin: 5.6% (down from 5.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% 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 fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
공시 • Dec 28Espec Corp. to Report Q3, 2023 Results on Feb 13, 2023Espec Corp. announced that they will report Q3, 2023 results on Feb 13, 2023
공시 • Nov 23+ 1 more updateEspec Corp. Declares Commemorative Dividend for the Second Quarter Ended September 30, 2022, Payable on December 12, 2022; Provides Commemorative Dividend Guidance for the Fiscal Year Ending March 31, 2023Espec Corp. declared commemorative dividend of JPY 2 per share for second quarter ended September 30, 2022, payable on December 12, 2022.The company provided commemorative dividend guidance for the fiscal year ending March 31, 2023, for the period, the company expects commemorative dividend to be JPY 2 per share.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Director Kazuo Hirata was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: JP¥46.70 (vs JP¥11.35 in 2Q 2022)Second quarter 2023 results: EPS: JP¥46.70 (up from JP¥11.35 in 2Q 2022). Revenue: JP¥14.2b (up 49% from 2Q 2022). Net income: JP¥1.05b (up 312% from 2Q 2022). Profit margin: 7.4% (up from 2.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% 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 fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공시 • Nov 12Espec Corp. (TSE:6859) announces an Equity Buyback for 680,000 shares, representing 3.02% for ¥1,324.64 million.Espec Corp. (TSE:6859) announces a share repurchase program. Under the program, the company will repurchase up to 680,000 shares, representing 3.02% of its issued share capital for ¥1,324.64 million. The shares will be repurchased at a price of ¥ 1,948 per share. The purpose of the program is to implement agile capital policy in response to changes in the corporate environment. As of September 30, 2022, the company has 22,549,321 issued shares and 1,232,073 shares in treasury.
공시 • Nov 10Espec Corp. Revises Consolidated Earnings Guidance for the Six Months Ended September 30, 2022 and for the Fiscal Year Ending March 31, 2023Espec Corp. revises consolidated earnings guidance for the six months ended September 30, 2022 and for the fiscal year ending March 31, 2023. For the six months, the company now expects net sales to be JPY 22,900 million, Operating profit to be JPY 1,400 million, Profit attributable to owners of parent to be JPY 980 million or JPY 43.78 per basic share, against previous forecast of net sales of JPY 23,500 million, Operating profit of JPY 1,950 million, Profit attributable to owners of parent of JPY 1,300 million or JPY 58.11 per basic share.For the full year, the company now expects net sales to be JPY 52,000 million, Operating profit to be JPY 4,000 million, Profit attributable to owners of parent to be JPY 2,900 million or JPY 129.50 per basic share, against previous forecast of net sales of JPY 50,000 million, Operating profit of JPY 5,000 million, Profit attributable to owners of parent of JPY 3,600 million or JPY 160.92 per basic share.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
공시 • Sep 09Espec Corp. (TSE:6859) agreed to acquire Environmental Test Equipment Business of Hitachi-Johnson Controls Air Conditioning, Inc.Espec Corp. (TSE:6859) agreed to acquire Environmental Test Equipment Business of Hitachi-Johnson Controls Air Conditioning, Inc on September 8, 2022.
공시 • Aug 31Espec Corp. to Report Q2, 2023 Results on Nov 11, 2022Espec Corp. announced that they will report Q2, 2023 results on Nov 11, 2022
공시 • Aug 22+ 1 more updateEspec Corp. Provides Dividend Guidance for the Second Quarter-End and for the Full Year of Fiscal Year Ending March 31, 2023Espec Corp. provided dividend guidance for the second quarter-end and for the full year of fiscal year ending March 31, 2023. For the second quarter ending September 30, 2022, the company expects to pay dividend of JPY 24.00 per share against JPY 18.00 per share paid for the same period a year ago. Components of the interim dividend: Ordinary dividend – JPY 22; Commemorative dividend – JPY 2.For the full year ending March 31, 2023, the company expects to pay year-end dividend of JPY 45.00 per share against JPY 42.00 per share paid for the same period a year ago. Components of the year-end dividend: Ordinary dividend – JPY 43; Commemorative dividend – JPY 2.
Reported Earnings • Aug 11First quarter 2023 earnings released: JP¥2.77 loss per share (vs JP¥1.06 loss in 1Q 2022)First quarter 2023 results: JP¥2.77 loss per share (down from JP¥1.06 loss in 1Q 2022). Revenue: JP¥8.73b (up 8.4% from 1Q 2022). Net loss: JP¥62.0m (loss widened 158% from 1Q 2022). Over the next year, revenue is forecast to grow 19%, compared to a 9.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Jun 05Espec Corp. to Report Q1, 2023 Results on Aug 09, 2022Espec Corp. announced that they will report Q1, 2023 results on Aug 09, 2022
공시 • May 31+ 2 more updatesEspec Corp. Announces Year-End Cash Dividend for the Fiscal Year Ended March 31, 2022, Payable on June 24, 2022Espec Corp. announced year-end cash dividend of JP 42.00 per share for the fiscal year ended March 31, 2022 compared to JP 41.00 per share paid a year ago. Scheduled date to commence dividend payments is June 24, 2022.
