View ValuationAichi Tokei Denki 향후 성장Future 기준 점검 1/6Aichi Tokei Denki은 연간 수입과 매출이 각각 1.2%와 3.3% 증가할 것으로 예상되고 EPS는 연간 1.3%만큼 증가할 것으로 예상됩니다.핵심 정보1.2%이익 성장률1.32%EPS 성장률Electronic 이익 성장11.8%매출 성장률3.3%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트19 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates분석 기사 • May 18There May Be Underlying Issues With The Quality Of Aichi Tokei Denki's (TSE:7723) EarningsAichi Tokei Denki Co., Ltd. ( TSE:7723 ) announced strong profits, but the stock was stagnant. Our analysis suggests...Reported Earnings • May 09Full year 2026 earnings: EPS in line with analyst expectations despite revenue beatFull year 2026 results: EPS: JP¥312 (up from JP¥230 in FY 2025). Revenue: JP¥59.1b (up 8.9% from FY 2025). Net income: JP¥4.80b (up 36% from FY 2025). Profit margin: 8.1% (up from 6.5% in FY 2025). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 08+ 1 more updateAichi Tokei Denki Co., Ltd. to Report Fiscal Year 2026 Results on May 08, 2026Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2026 results on May 08, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥68.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).분석 기사 • Feb 08Aichi Tokei Denki's (TSE:7723) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be paying its dividend of ¥68.00 on...New Risk • Feb 02New 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 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.3% average weekly change).Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥91.68 (vs JP¥61.26 in 3Q 2025)Third quarter 2026 results: EPS: JP¥91.68 (up from JP¥61.26 in 3Q 2025). Revenue: JP¥14.1b (up 5.5% from 3Q 2025). Net income: JP¥1.41b (up 50% from 3Q 2025). Profit margin: 10.0% (up from 7.1% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% 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 increased by 5% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Dec 30Aichi Tokei Denki (TSE:7723) Will Pay A Dividend Of ¥45.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) will pay a dividend of ¥45.00 on the 26th of June. This makes the dividend...분석 기사 • Dec 10Aichi Tokei Denki (TSE:7723) Will Pay A Dividend Of ¥45.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will pay a dividend of ¥45.00 per share on the 26th of...공시 • Dec 04Aichi Tokei Denki Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026분석 기사 • Nov 26Aichi Tokei Denki (TSE:7723) Will Pay A Dividend Of ¥45.00The board of Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will pay a dividend on the 26th of June...Declared Dividend • Nov 26First half dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Nov 16There May Be Underlying Issues With The Quality Of Aichi Tokei Denki's (TSE:7723) EarningsDespite announcing strong earnings, Aichi Tokei Denki Co., Ltd.'s ( TSE:7723 ) stock was sluggish. We think that the...Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: JP¥42.85 (vs JP¥36.42 in 2Q 2025)Second quarter 2026 results: EPS: JP¥42.85 (up from JP¥36.42 in 2Q 2025). Revenue: JP¥15.0b (up 9.1% from 2Q 2025). Net income: JP¥660.0m (up 18% from 2Q 2025). Profit margin: 4.4% (up from 4.1% in 2Q 2025). The increase in margin was driven by higher revenue. 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 25% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 25 November 2025. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).분석 기사 • Sep 01Aichi Tokei Denki (TSE:7723) Has Announced That It Will Be Increasing Its Dividend To ¥45.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) will increase its dividend from last year's comparable payment on the 25th of...공시 • Sep 01Aichi Tokei Denki Co., Ltd. to Report Q2, 2026 Results on Nov 04, 2025Aichi Tokei Denki Co., Ltd. announced that they will report Q2, 2026 results on Nov 04, 2025Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥50.19 (vs JP¥34.49 in 1Q 2025)First quarter 2026 results: EPS: JP¥50.19 (up from JP¥34.49 in 1Q 2025). Revenue: JP¥12.5b (down 2.2% from 1Q 2025). Net income: JP¥772.0m (up 46% from 1Q 2025). Profit margin: 6.2% (up from 4.1% in 1Q 2025). The increase in margin was driven by lower expenses. 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 23Aichi Tokei Denki (TSE:7723) Is Paying Out A Larger Dividend Than Last YearAichi Tokei Denki Co., Ltd.'s ( TSE:7723 ) dividend will be increasing from last year's payment of the same period to...분석 기사 • Jul 09Aichi Tokei Denki's (TSE:7723) Upcoming Dividend Will Be Larger Than Last Year'sAichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be increasing its dividend from last year's...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: 25th November 2025 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 29Full year 2025 earnings released: EPS: JP¥230 (vs JP¥207 in FY 2024)Full year 2025 results: EPS: JP¥230 (up from JP¥207 in FY 2024). Revenue: JP¥54.3b (up 6.0% from FY 2024). Net income: JP¥3.53b (up 11% from FY 2024). Profit margin: 6.5% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 31Aichi Tokei Denki Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025분석 기사 • May 16Aichi Tokei Denki's (TSE:7723) Solid Profits Have Weak FundamentalsAichi Tokei Denki Co., Ltd. ( TSE:7723 ) just reported some strong earnings, and the market reacted accordingly with a...Reported Earnings • May 11Full year 2025 earnings released: EPS: JP¥230 (vs JP¥207 in FY 2024)Full year 2025 results: EPS: JP¥230 (up from JP¥207 in FY 2024). Revenue: JP¥54.3b (up 6.0% from FY 2024). Net income: JP¥3.53b (up 11% from FY 2024). Profit margin: 6.5% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 09Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 25, 2025Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 25, 2025.분석 기사 • Apr 15Investors Could Be Concerned With Aichi Tokei Denki's (TSE:7723) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).분석 기사 • Mar 11Aichi Tokei Denki's (TSE:7723) Upcoming Dividend Will Be Larger Than Last Year'sAichi Tokei Denki Co., Ltd.'s ( TSE:7723 ) dividend will be increasing from last year's payment of the same period to...공시 • Mar 11Aichi Tokei Denki Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥61.26 (vs JP¥59.07 in 3Q 2024)Third quarter 2025 results: EPS: JP¥61.26 (up from JP¥59.07 in 3Q 2024). Revenue: JP¥13.3b (up 6.3% from 3Q 2024). Net income: JP¥942.0m (up 3.9% from 3Q 2024). Profit margin: 7.1% (down from 7.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.분석 기사 • Dec 19Aichi Tokei Denki (TSE:7723) Will Pay A Dividend Of ¥35.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will pay a dividend of ¥35.00 per share on the 24th of...공시 • Dec 19Aichi Tokei Denki Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025분석 기사 • Nov 26Aichi Tokei Denki's (TSE:7723) Dividend Will Be ¥35.00Aichi Tokei Denki Co., Ltd.'s ( TSE:7723 ) investors are due to receive a payment of ¥35.00 per share on 24th of June...Declared Dividend • Nov 26First half dividend of JP¥35.00 announcedShareholders will receive a dividend of JP¥35.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 55% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.2% EPS decline seen over the last 5 years.Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥36.42 (vs JP¥62.14 in 2Q 2024)Second quarter 2025 results: EPS: JP¥36.42 (down from JP¥62.14 in 2Q 2024). Revenue: JP¥13.8b (flat on 2Q 2024). Net income: JP¥560.0m (down 41% from 2Q 2024). Profit margin: 4.1% (down from 6.9% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year.공시 • Sep 27Aichi Tokei Denki Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024Aichi Tokei Denki Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 33% 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 (3.8%). Higher than average of industry peers (1.5%).분석 기사 • Aug 22Aichi Tokei Denki (TSE:7723) Has Announced That It Will Be Increasing Its Dividend To ¥35.00The board of Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be paying its dividend of ¥35.00 on...분석 기사 • Aug 08Aichi Tokei Denki's (TSE:7723) Dividend Will Be Increased To ¥35.00The board of Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be paying its dividend of ¥35.00 on...Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,906, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 33% over the past three years.Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥32.56 (vs JP¥44.66 in 1Q 2024)First quarter 2025 results: EPS: JP¥32.56 (down from JP¥44.66 in 1Q 2024). Revenue: JP¥11.8b (up 7.4% from 1Q 2024). Net income: JP¥500.0m (down 27% from 1Q 2024). Profit margin: 4.2% (down from 6.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 2 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 6% per year whereas the company’s share price has increased by 7% per year.New Risk • Aug 01New 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 5.6% 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 (212% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change).분석 기사 • Jul 25Aichi Tokei Denki's (TSE:7723) Shareholders Will Receive A Bigger Dividend Than Last YearAichi Tokei Denki Co., Ltd. ( TSE:7723 ) will increase its dividend from last year's comparable payment on the 27th of...분석 기사 • Jul 11Aichi Tokei Denki (TSE:7723) Will Pay A Larger Dividend Than Last Year At ¥35.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be increasing its dividend from last year's...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: 27th November 2024 Dividend yield will be 3.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but not covered by cash flows (212% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 28Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥207 (down from JP¥225 in FY 2023). Revenue: JP¥51.2b (up 2.1% from FY 2023). Net income: JP¥3.17b (down 8.2% from FY 2023). Profit margin: 6.2% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 4.0% 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 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jun 06Aichi Tokei Denki Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024Reported Earnings • May 12Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥207 (down from JP¥225 in FY 2023). Revenue: JP¥51.2b (up 2.1% from FY 2023). Net income: JP¥3.17b (down 8.2% from FY 2023). Profit margin: 6.2% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 4.0% 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 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 12Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 21, 2024Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 21, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥31.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).공시 • Mar 02Aichi Tokei Denki Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥59.07 (vs JP¥44.21 in 3Q 2023)Third quarter 2024 results: EPS: JP¥59.07 (up from JP¥44.21 in 3Q 2023). Revenue: JP¥12.5b (up 7.1% from 3Q 2023). Net income: JP¥907.0m (up 34% from 3Q 2023). Profit margin: 7.2% (up from 5.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% 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 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 29Aichi Tokei Denki Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥62.14 (vs JP¥39.91 in 2Q 2023)Second quarter 2024 results: EPS: JP¥62.14 (up from JP¥39.91 in 2Q 2023). Revenue: JP¥13.7b (up 5.8% from 2Q 2023). Net income: JP¥954.0m (up 56% from 2Q 2023). Profit margin: 6.9% (up from 4.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% 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 12% per year whereas the company’s share price has increased by 14% per year.Upcoming Dividend • Sep 21Upcoming dividend of JP¥26.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).New Risk • Sep 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥44.66 (vs JP¥30.26 in 1Q 2023)First quarter 2024 results: EPS: JP¥44.66 (up from JP¥30.26 in 1Q 2023). Revenue: JP¥11.0b (up 3.8% from 1Q 2023). Net income: JP¥683.0m (up 47% from 1Q 2023). Profit margin: 6.2% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Jun 09Aichi Tokei Denki Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • May 13Full year 2023 earnings released: EPS: JP¥225 (vs JP¥181 in FY 2022)Full year 2023 results: EPS: JP¥225 (up from JP¥181 in FY 2022). Revenue: JP¥50.2b (up 7.9% from FY 2022). Net income: JP¥3.46b (up 24% from FY 2022). Profit margin: 6.9% (up from 6.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • May 13Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 23, 2023Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).공시 • Feb 01Aichi Tokei Denki Co., Ltd. (TSE:7723) announces an Equity Buyback for 70,000 shares, representing 0.46% for ¥120 million.Aichi Tokei Denki Co., Ltd. (TSE:7723) announces a share repurchase program. Under the program the company will repurchase 70,000 shares, representing 0.46% of the outstanding shares for ¥120 million. The purpose of the program is to secure treasury shares for transfer to in the restricted stock compensation program. The program will expire on March 31, 2023. As of December 31, 2022, the company had 15,360,184 shares outstanding and 59,816 shares in treasury.Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥44.21 (vs JP¥48.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥44.21 (down from JP¥48.27 in 3Q 2022). Revenue: JP¥11.7b (up 8.7% from 3Q 2022). Net income: JP¥679.0m (down 8.6% from 3Q 2022). Profit margin: 5.8% (down from 6.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Nov 24Aichi Tokei Denki Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Outside Independent Director Chie Okada was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 03Second quarter 2023 earnings released: EPS: JP¥39.91 (vs JP¥34.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥39.91 (up from JP¥34.89 in 2Q 2022). Revenue: JP¥13.0b (up 12% from 2Q 2022). Net income: JP¥613.0m (up 14% from 2Q 2022). Profit margin: 4.7% (up from 4.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 28 November 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).공시 • Aug 31Aichi Tokei Denki Co., Ltd. to Report Q2, 2023 Results on Nov 01, 2022Aichi Tokei Denki Co., Ltd. announced that they will report Q2, 2023 results on Nov 01, 2022Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥30.26 (vs JP¥37.85 in 1Q 2022)First quarter 2023 results: EPS: JP¥30.26 (down from JP¥37.85 in 1Q 2022). Revenue: JP¥10.6b (down 3.3% from 1Q 2022). Net income: JP¥464.0m (down 20% from 1Q 2022). Profit margin: 4.4% (down from 5.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.공시 • Jun 02Aichi Tokei Denki Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022공시 • May 12Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 24, 2022Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 24, 2022.Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥181 (vs JP¥195 in FY 2021)Full year 2022 results: EPS: JP¥181 (down from JP¥195 in FY 2021). Revenue: JP¥46.5b (flat on FY 2021). Net income: JP¥2.79b (down 6.6% from FY 2021). Profit margin: 6.0% (down from 6.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 2 independent directors (8 non-independent directors). Independent External Director Seiichi Hattori was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 08Aichi Tokei Denki Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥1,505, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 25% over the past three years.Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues in line with analyst expectationsThird quarter 2022 results: Revenue: JP¥10.8b (up 7.4% from 3Q 2021). Net income: JP¥743.0m (up 21% from 3Q 2021). Profit margin: 6.9% (up from 6.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥5,290, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 49% over the past three years.공시 • Dec 24Aichi Tokei Denki Co., Ltd. (TSE:7723) announces an Equity Buyback for 20,000 shares, representing 0.39% for ¥120 million.Aichi Tokei Denki Co., Ltd. (TSE:7723) announces a share repurchase program. Under the program the company will repurchase 20,000 shares, representing 0.39% of the outstanding shares for ¥120 million. The purpose of the program is to secure treasury shares for transfer to in the restricted stock compensation program. The program will expire on March 31, 2022. As of November 30, 2021, the company had 5,130,412 shares outstanding and 9,588 shares in treasury.Reported Earnings • Nov 02Second quarter 2022 earnings released: EPS JP¥105 (vs JP¥119 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥11.6b (up 2.3% from 2Q 2021). Net income: JP¥537.0m (down 11% from 2Q 2021). Profit margin: 4.6% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 26 November 2021. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥114 (vs JP¥70.28 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.0b (up 7.9% from 1Q 2021). Net income: JP¥582.0m (up 62% from 1Q 2021). Profit margin: 5.3% (up from 3.5% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.Reported Earnings • Jun 27Full year 2021 earnings released: EPS JP¥584 (vs JP¥459 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥46.2b (down 3.9% from FY 2020). Net income: JP¥2.99b (up 27% from FY 2020). Profit margin: 6.5% (up from 4.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥584 (vs JP¥459 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥46.2b (down 3.9% from FY 2020). Net income: JP¥2.99b (up 27% from FY 2020). Profit margin: 6.5% (up from 4.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).공시 • Mar 20Aichi Tokei Denki Co., Ltd. to Report Fiscal Year 2021 Results on May 11, 2021Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2021 results on May 11, 2021Analyst Estimate Surprise Post Earnings • Feb 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 6.1%. Over the next year, revenue is expected to shrink by 5.9% compared to a 7.1% growth forecast for the Electronic industry in Japan.Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥120 (vs JP¥60.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥10.0b (up 2.1% from 3Q 2020). Net income: JP¥615.0m (up 99% from 3Q 2020). Profit margin: 6.1% (up from 3.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 20New 90-day low: JP¥4,300The company is down 2.0% from its price of JP¥4,405 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.공시 • Dec 19Aichi Tokei Denki Co., Ltd. to Report Q3, 2021 Results on Feb 02, 2021Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2021 results on Feb 02, 2021공시 • Oct 10Aichi Tokei Denki Co., Ltd. to Report Q2, 2021 Results on Nov 02, 2020Aichi Tokei Denki Co., Ltd. announced that they will report Q2, 2021 results on Nov 02, 2020공시 • Jul 05Aichi Tokei Denki Co., Ltd. to Report Q1, 2021 Results on Aug 03, 2020Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2021 results on Aug 03, 2020이익 및 매출 성장 예측TSE:7723 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/202965,0005,000N/AN/A13/31/202863,0004,700N/AN/A13/31/202760,5004,700N/AN/A13/31/202659,1164,8018162,819N/A12/31/202556,9554,375N/AN/AN/A9/30/202556,2213,905-1,159769N/A6/30/202554,9693,805N/AN/AN/A3/31/202554,2863,5332381,856N/A12/31/202452,8532,632N/AN/AN/A9/30/202452,0622,5972,8734,348N/A6/30/202452,0362,991N/AN/AN/A3/31/202451,2253,1745061,742N/A12/31/202352,1384,246N/AN/AN/A9/30/202351,3094,018-485551N/A6/30/202350,5613,677N/AN/AN/A3/31/202350,1603,4581,0851,876N/A12/31/202248,4562,683N/AN/AN/A9/30/202247,5172,7471,6292,198N/A6/30/202246,1162,671N/AN/AN/A3/31/202246,4832,7892,5273,115N/A12/31/202148,0353,268N/AN/AN/A9/30/202147,2913,1403,2733,934N/A6/30/202147,0333,209N/AN/AN/A3/31/202146,2252,9872,8804,192N/A12/31/202046,0922,464N/AN/AN/A9/30/202045,8832,1582,0293,728N/A6/30/202047,3952,340N/AN/AN/A3/31/202048,1182,3542,6913,739N/A12/31/201947,3282,596N/AN/AN/A9/30/201947,7672,905N/A3,666N/A6/30/201946,7212,717N/AN/AN/A3/31/201946,7222,829N/A3,782N/A12/31/201847,5022,782N/AN/AN/A9/30/201847,4392,774N/A3,160N/A6/30/201847,6252,896N/AN/AN/A3/31/201847,2752,788N/A2,628N/A12/31/201746,7382,806N/AN/AN/A9/30/201746,2372,913N/A3,057N/A6/30/201745,5262,530N/AN/AN/A3/31/201744,7702,235N/A2,434N/A12/31/201644,2052,103N/AN/AN/A9/30/201643,4581,722N/A2,018N/A6/30/201642,5801,481N/AN/AN/A3/31/201641,7821,411N/A2,180N/A12/31/201541,2381,194N/AN/AN/A9/30/201541,4141,213N/A2,932N/A6/30/201541,6941,319N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 7723 의 연간 예상 수익 증가율(1.2%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 7723 의 연간 수익(1.2%)이 JP 시장(8.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 7723 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 7723 의 수익(연간 3.3%)이 JP 시장(연간 5.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 7723 의 수익(연간 3.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 7723의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 04:02종가2026/05/22 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 소스Aichi Tokei Denki Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Satoshi SakaeDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.Takao HattoriTIW
분석 기사 • May 18There May Be Underlying Issues With The Quality Of Aichi Tokei Denki's (TSE:7723) EarningsAichi Tokei Denki Co., Ltd. ( TSE:7723 ) announced strong profits, but the stock was stagnant. Our analysis suggests...
Reported Earnings • May 09Full year 2026 earnings: EPS in line with analyst expectations despite revenue beatFull year 2026 results: EPS: JP¥312 (up from JP¥230 in FY 2025). Revenue: JP¥59.1b (up 8.9% from FY 2025). Net income: JP¥4.80b (up 36% from FY 2025). Profit margin: 8.1% (up from 6.5% in FY 2025). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 08+ 1 more updateAichi Tokei Denki Co., Ltd. to Report Fiscal Year 2026 Results on May 08, 2026Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2026 results on May 08, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥68.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
분석 기사 • Feb 08Aichi Tokei Denki's (TSE:7723) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be paying its dividend of ¥68.00 on...
New Risk • Feb 02New 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 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.3% average weekly change).
Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥91.68 (vs JP¥61.26 in 3Q 2025)Third quarter 2026 results: EPS: JP¥91.68 (up from JP¥61.26 in 3Q 2025). Revenue: JP¥14.1b (up 5.5% from 3Q 2025). Net income: JP¥1.41b (up 50% from 3Q 2025). Profit margin: 10.0% (up from 7.1% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% 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 increased by 5% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Dec 30Aichi Tokei Denki (TSE:7723) Will Pay A Dividend Of ¥45.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) will pay a dividend of ¥45.00 on the 26th of June. This makes the dividend...
분석 기사 • Dec 10Aichi Tokei Denki (TSE:7723) Will Pay A Dividend Of ¥45.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will pay a dividend of ¥45.00 per share on the 26th of...
공시 • Dec 04Aichi Tokei Denki Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
분석 기사 • Nov 26Aichi Tokei Denki (TSE:7723) Will Pay A Dividend Of ¥45.00The board of Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will pay a dividend on the 26th of June...
Declared Dividend • Nov 26First half dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Nov 16There May Be Underlying Issues With The Quality Of Aichi Tokei Denki's (TSE:7723) EarningsDespite announcing strong earnings, Aichi Tokei Denki Co., Ltd.'s ( TSE:7723 ) stock was sluggish. We think that the...
Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: JP¥42.85 (vs JP¥36.42 in 2Q 2025)Second quarter 2026 results: EPS: JP¥42.85 (up from JP¥36.42 in 2Q 2025). Revenue: JP¥15.0b (up 9.1% from 2Q 2025). Net income: JP¥660.0m (up 18% from 2Q 2025). Profit margin: 4.4% (up from 4.1% in 2Q 2025). The increase in margin was driven by higher revenue. 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 25% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 25 November 2025. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
분석 기사 • Sep 01Aichi Tokei Denki (TSE:7723) Has Announced That It Will Be Increasing Its Dividend To ¥45.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) will increase its dividend from last year's comparable payment on the 25th of...
공시 • Sep 01Aichi Tokei Denki Co., Ltd. to Report Q2, 2026 Results on Nov 04, 2025Aichi Tokei Denki Co., Ltd. announced that they will report Q2, 2026 results on Nov 04, 2025
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥50.19 (vs JP¥34.49 in 1Q 2025)First quarter 2026 results: EPS: JP¥50.19 (up from JP¥34.49 in 1Q 2025). Revenue: JP¥12.5b (down 2.2% from 1Q 2025). Net income: JP¥772.0m (up 46% from 1Q 2025). Profit margin: 6.2% (up from 4.1% in 1Q 2025). The increase in margin was driven by lower expenses. 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 23Aichi Tokei Denki (TSE:7723) Is Paying Out A Larger Dividend Than Last YearAichi Tokei Denki Co., Ltd.'s ( TSE:7723 ) dividend will be increasing from last year's payment of the same period to...
분석 기사 • Jul 09Aichi Tokei Denki's (TSE:7723) Upcoming Dividend Will Be Larger Than Last Year'sAichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be increasing its dividend from last year's...
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: 25th November 2025 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 29Full year 2025 earnings released: EPS: JP¥230 (vs JP¥207 in FY 2024)Full year 2025 results: EPS: JP¥230 (up from JP¥207 in FY 2024). Revenue: JP¥54.3b (up 6.0% from FY 2024). Net income: JP¥3.53b (up 11% from FY 2024). Profit margin: 6.5% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 31Aichi Tokei Denki Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025
분석 기사 • May 16Aichi Tokei Denki's (TSE:7723) Solid Profits Have Weak FundamentalsAichi Tokei Denki Co., Ltd. ( TSE:7723 ) just reported some strong earnings, and the market reacted accordingly with a...
Reported Earnings • May 11Full year 2025 earnings released: EPS: JP¥230 (vs JP¥207 in FY 2024)Full year 2025 results: EPS: JP¥230 (up from JP¥207 in FY 2024). Revenue: JP¥54.3b (up 6.0% from FY 2024). Net income: JP¥3.53b (up 11% from FY 2024). Profit margin: 6.5% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 09Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 25, 2025Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 25, 2025.
분석 기사 • Apr 15Investors Could Be Concerned With Aichi Tokei Denki's (TSE:7723) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
분석 기사 • Mar 11Aichi Tokei Denki's (TSE:7723) Upcoming Dividend Will Be Larger Than Last Year'sAichi Tokei Denki Co., Ltd.'s ( TSE:7723 ) dividend will be increasing from last year's payment of the same period to...
공시 • Mar 11Aichi Tokei Denki Co., Ltd. to Report Fiscal Year 2025 Results on May 09, 2025Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2025 results on May 09, 2025
Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥61.26 (vs JP¥59.07 in 3Q 2024)Third quarter 2025 results: EPS: JP¥61.26 (up from JP¥59.07 in 3Q 2024). Revenue: JP¥13.3b (up 6.3% from 3Q 2024). Net income: JP¥942.0m (up 3.9% from 3Q 2024). Profit margin: 7.1% (down from 7.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat.
분석 기사 • Dec 19Aichi Tokei Denki (TSE:7723) Will Pay A Dividend Of ¥35.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will pay a dividend of ¥35.00 per share on the 24th of...
공시 • Dec 19Aichi Tokei Denki Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025
분석 기사 • Nov 26Aichi Tokei Denki's (TSE:7723) Dividend Will Be ¥35.00Aichi Tokei Denki Co., Ltd.'s ( TSE:7723 ) investors are due to receive a payment of ¥35.00 per share on 24th of June...
Declared Dividend • Nov 26First half dividend of JP¥35.00 announcedShareholders will receive a dividend of JP¥35.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 55% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.2% EPS decline seen over the last 5 years.
Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥36.42 (vs JP¥62.14 in 2Q 2024)Second quarter 2025 results: EPS: JP¥36.42 (down from JP¥62.14 in 2Q 2024). Revenue: JP¥13.8b (flat on 2Q 2024). Net income: JP¥560.0m (down 41% from 2Q 2024). Profit margin: 4.1% (down from 6.9% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year.
공시 • Sep 27Aichi Tokei Denki Co., Ltd. to Report Q2, 2025 Results on Nov 01, 2024Aichi Tokei Denki Co., Ltd. announced that they will report Q2, 2025 results on Nov 01, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 27 November 2024. Payout ratio is a comfortable 33% 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 (3.8%). Higher than average of industry peers (1.5%).
분석 기사 • Aug 22Aichi Tokei Denki (TSE:7723) Has Announced That It Will Be Increasing Its Dividend To ¥35.00The board of Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be paying its dividend of ¥35.00 on...
분석 기사 • Aug 08Aichi Tokei Denki's (TSE:7723) Dividend Will Be Increased To ¥35.00The board of Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be paying its dividend of ¥35.00 on...
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,906, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 33% over the past three years.
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥32.56 (vs JP¥44.66 in 1Q 2024)First quarter 2025 results: EPS: JP¥32.56 (down from JP¥44.66 in 1Q 2024). Revenue: JP¥11.8b (up 7.4% from 1Q 2024). Net income: JP¥500.0m (down 27% from 1Q 2024). Profit margin: 4.2% (down from 6.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 2 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 6% per year whereas the company’s share price has increased by 7% per year.
New Risk • Aug 01New 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 5.6% 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 (212% cash payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change).
분석 기사 • Jul 25Aichi Tokei Denki's (TSE:7723) Shareholders Will Receive A Bigger Dividend Than Last YearAichi Tokei Denki Co., Ltd. ( TSE:7723 ) will increase its dividend from last year's comparable payment on the 27th of...
분석 기사 • Jul 11Aichi Tokei Denki (TSE:7723) Will Pay A Larger Dividend Than Last Year At ¥35.00Aichi Tokei Denki Co., Ltd. ( TSE:7723 ) has announced that it will be increasing its dividend from last year's...
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: 27th November 2024 Dividend yield will be 3.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but not covered by cash flows (212% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 28Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥207 (down from JP¥225 in FY 2023). Revenue: JP¥51.2b (up 2.1% from FY 2023). Net income: JP¥3.17b (down 8.2% from FY 2023). Profit margin: 6.2% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 4.0% 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 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jun 06Aichi Tokei Denki Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
Reported Earnings • May 12Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥207 (down from JP¥225 in FY 2023). Revenue: JP¥51.2b (up 2.1% from FY 2023). Net income: JP¥3.17b (down 8.2% from FY 2023). Profit margin: 6.2% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 4.0% 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 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 12Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 21, 2024Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 21, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥31.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
공시 • Mar 02Aichi Tokei Denki Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥59.07 (vs JP¥44.21 in 3Q 2023)Third quarter 2024 results: EPS: JP¥59.07 (up from JP¥44.21 in 3Q 2023). Revenue: JP¥12.5b (up 7.1% from 3Q 2023). Net income: JP¥907.0m (up 34% from 3Q 2023). Profit margin: 7.2% (up from 5.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% 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 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 29Aichi Tokei Denki Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥62.14 (vs JP¥39.91 in 2Q 2023)Second quarter 2024 results: EPS: JP¥62.14 (up from JP¥39.91 in 2Q 2023). Revenue: JP¥13.7b (up 5.8% from 2Q 2023). Net income: JP¥954.0m (up 56% from 2Q 2023). Profit margin: 6.9% (up from 4.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% 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 12% per year whereas the company’s share price has increased by 14% per year.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥26.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
New Risk • Sep 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥44.66 (vs JP¥30.26 in 1Q 2023)First quarter 2024 results: EPS: JP¥44.66 (up from JP¥30.26 in 1Q 2023). Revenue: JP¥11.0b (up 3.8% from 1Q 2023). Net income: JP¥683.0m (up 47% from 1Q 2023). Profit margin: 6.2% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Jun 09Aichi Tokei Denki Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • May 13Full year 2023 earnings released: EPS: JP¥225 (vs JP¥181 in FY 2022)Full year 2023 results: EPS: JP¥225 (up from JP¥181 in FY 2022). Revenue: JP¥50.2b (up 7.9% from FY 2022). Net income: JP¥3.46b (up 24% from FY 2022). Profit margin: 6.9% (up from 6.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • May 13Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 23, 2023Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
공시 • Feb 01Aichi Tokei Denki Co., Ltd. (TSE:7723) announces an Equity Buyback for 70,000 shares, representing 0.46% for ¥120 million.Aichi Tokei Denki Co., Ltd. (TSE:7723) announces a share repurchase program. Under the program the company will repurchase 70,000 shares, representing 0.46% of the outstanding shares for ¥120 million. The purpose of the program is to secure treasury shares for transfer to in the restricted stock compensation program. The program will expire on March 31, 2023. As of December 31, 2022, the company had 15,360,184 shares outstanding and 59,816 shares in treasury.
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥44.21 (vs JP¥48.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥44.21 (down from JP¥48.27 in 3Q 2022). Revenue: JP¥11.7b (up 8.7% from 3Q 2022). Net income: JP¥679.0m (down 8.6% from 3Q 2022). Profit margin: 5.8% (down from 6.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Nov 24Aichi Tokei Denki Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Outside Independent Director Chie Okada was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 03Second quarter 2023 earnings released: EPS: JP¥39.91 (vs JP¥34.89 in 2Q 2022)Second quarter 2023 results: EPS: JP¥39.91 (up from JP¥34.89 in 2Q 2022). Revenue: JP¥13.0b (up 12% from 2Q 2022). Net income: JP¥613.0m (up 14% from 2Q 2022). Profit margin: 4.7% (up from 4.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 28 November 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
공시 • Aug 31Aichi Tokei Denki Co., Ltd. to Report Q2, 2023 Results on Nov 01, 2022Aichi Tokei Denki Co., Ltd. announced that they will report Q2, 2023 results on Nov 01, 2022
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥30.26 (vs JP¥37.85 in 1Q 2022)First quarter 2023 results: EPS: JP¥30.26 (down from JP¥37.85 in 1Q 2022). Revenue: JP¥10.6b (down 3.3% from 1Q 2022). Net income: JP¥464.0m (down 20% from 1Q 2022). Profit margin: 4.4% (down from 5.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.
공시 • Jun 02Aichi Tokei Denki Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022
공시 • May 12Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 24, 2022Aichi Tokei Denki Co., Ltd., Annual General Meeting, Jun 24, 2022.
Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥181 (vs JP¥195 in FY 2021)Full year 2022 results: EPS: JP¥181 (down from JP¥195 in FY 2021). Revenue: JP¥46.5b (flat on FY 2021). Net income: JP¥2.79b (down 6.6% from FY 2021). Profit margin: 6.0% (down from 6.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 2 independent directors (8 non-independent directors). Independent External Director Seiichi Hattori was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 08Aichi Tokei Denki Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to JP¥1,505, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 11x in the Electronic industry in Japan. Total returns to shareholders of 25% over the past three years.
Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues in line with analyst expectationsThird quarter 2022 results: Revenue: JP¥10.8b (up 7.4% from 3Q 2021). Net income: JP¥743.0m (up 21% from 3Q 2021). Profit margin: 6.9% (up from 6.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥5,290, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 14x in the Electronic industry in Japan. Total returns to shareholders of 49% over the past three years.
공시 • Dec 24Aichi Tokei Denki Co., Ltd. (TSE:7723) announces an Equity Buyback for 20,000 shares, representing 0.39% for ¥120 million.Aichi Tokei Denki Co., Ltd. (TSE:7723) announces a share repurchase program. Under the program the company will repurchase 20,000 shares, representing 0.39% of the outstanding shares for ¥120 million. The purpose of the program is to secure treasury shares for transfer to in the restricted stock compensation program. The program will expire on March 31, 2022. As of November 30, 2021, the company had 5,130,412 shares outstanding and 9,588 shares in treasury.
Reported Earnings • Nov 02Second quarter 2022 earnings released: EPS JP¥105 (vs JP¥119 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥11.6b (up 2.3% from 2Q 2021). Net income: JP¥537.0m (down 11% from 2Q 2021). Profit margin: 4.6% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 26 November 2021. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥114 (vs JP¥70.28 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.0b (up 7.9% from 1Q 2021). Net income: JP¥582.0m (up 62% from 1Q 2021). Profit margin: 5.3% (up from 3.5% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.
Reported Earnings • Jun 27Full year 2021 earnings released: EPS JP¥584 (vs JP¥459 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥46.2b (down 3.9% from FY 2020). Net income: JP¥2.99b (up 27% from FY 2020). Profit margin: 6.5% (up from 4.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥584 (vs JP¥459 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥46.2b (down 3.9% from FY 2020). Net income: JP¥2.99b (up 27% from FY 2020). Profit margin: 6.5% (up from 4.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
공시 • Mar 20Aichi Tokei Denki Co., Ltd. to Report Fiscal Year 2021 Results on May 11, 2021Aichi Tokei Denki Co., Ltd. announced that they will report fiscal year 2021 results on May 11, 2021
Analyst Estimate Surprise Post Earnings • Feb 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 6.1%. Over the next year, revenue is expected to shrink by 5.9% compared to a 7.1% growth forecast for the Electronic industry in Japan.
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥120 (vs JP¥60.18 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥10.0b (up 2.1% from 3Q 2020). Net income: JP¥615.0m (up 99% from 3Q 2020). Profit margin: 6.1% (up from 3.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 20New 90-day low: JP¥4,300The company is down 2.0% from its price of JP¥4,405 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period.
공시 • Dec 19Aichi Tokei Denki Co., Ltd. to Report Q3, 2021 Results on Feb 02, 2021Aichi Tokei Denki Co., Ltd. announced that they will report Q3, 2021 results on Feb 02, 2021
공시 • Oct 10Aichi Tokei Denki Co., Ltd. to Report Q2, 2021 Results on Nov 02, 2020Aichi Tokei Denki Co., Ltd. announced that they will report Q2, 2021 results on Nov 02, 2020
공시 • Jul 05Aichi Tokei Denki Co., Ltd. to Report Q1, 2021 Results on Aug 03, 2020Aichi Tokei Denki Co., Ltd. announced that they will report Q1, 2021 results on Aug 03, 2020