View Financial HealthCitizen Watch 배당 및 자사주 매입배당 기준 점검 4/6Citizen Watch 수익으로 충분히 충당되는 현재 수익률 2.22% 보유한 배당금 지급 회사입니다. 다음 지급일은 25th June, 2026 이며 배당락일은 다음과 같습니다. 30th March, 2026.핵심 정보2.2%배당 수익률0.0004%자사주 매입 수익률총 주주 수익률2.2%미래 배당 수익률2.4%배당 성장률12.4%다음 배당 지급일25 Jun 26배당락일30 Mar 26주당 배당금n/a배당 성향47%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥23.50 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).분석 기사 • Dec 06Citizen Watch's (TSE:7762) Dividend Will Be ¥23.50Citizen Watch Co., Ltd. ( TSE:7762 ) will pay a dividend of ¥23.50 on the 26th of June. This makes the dividend yield...Declared Dividend • Dec 06First half dividend of JP¥23.50 announcedShareholders will receive a dividend of JP¥23.50. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (48% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.3% over the next 3 years. However, it would need to fall by 47% to increase the payout ratio to a potentially unsustainable range.Upcoming Dividend • Sep 22Upcoming dividend of JP¥23.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).분석 기사 • Jul 23Citizen Watch (TSE:7762) Will Pay A Larger Dividend Than Last Year At ¥23.50Citizen Watch Co., Ltd. ( TSE:7762 ) will increase its dividend from last year's comparable payment on the 5th of...분석 기사 • Jul 09Citizen Watch (TSE:7762) Is Increasing Its Dividend To ¥23.50The board of Citizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will be paying its dividend of ¥23.50 on the...모든 업데이트 보기Recent updatesReported Earnings • May 14Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥127 (up from JP¥97.91 in FY 2025). Revenue: JP¥346.8b (up 9.4% from FY 2025). Net income: JP¥31.1b (up 30% from FY 2025). Profit margin: 9.0% (up from 7.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 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 12% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 13Citizen Watch Co., Ltd., Annual General Meeting, Jun 24, 2026Citizen Watch Co., Ltd., Annual General Meeting, Jun 24, 2026.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,081, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 193% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,323 per share.Price Target Changed • May 11Price target increased by 13% to JP¥1,725Up from JP¥1,533, the current price target is an average from 6 analysts. New target price is 14% below last closing price of JP¥2,010. Stock is up 136% over the past year. The company is forecast to post earnings per share of JP¥96.68 for next year compared to JP¥97.91 last year.공시 • May 10+ 2 more updatesCitizen Watch Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026Citizen Watch Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026Buy Or Sell Opportunity • Apr 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to JP¥1,797. The fair value is estimated to be JP¥1,472, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 8.5%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period.Upcoming Dividend • Mar 23Upcoming dividend of JP¥23.50 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Buy Or Sell Opportunity • Mar 18Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to JP¥1,733. The fair value is estimated to be JP¥1,399, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 8.5%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.Price Target Changed • Mar 10Price target increased by 16% to JP¥1,475Up from JP¥1,267, the current price target is an average from 6 analysts. New target price is 12% below last closing price of JP¥1,669. Stock is up 76% over the past year. The company is forecast to post earnings per share of JP¥95.23 for next year compared to JP¥97.91 last year.Price Target Changed • Mar 07Price target increased by 10% to JP¥1,325Up from JP¥1,200, the current price target is an average from 6 analysts. New target price is 24% below last closing price of JP¥1,752. Stock is up 86% over the past year. The company is forecast to post earnings per share of JP¥92.98 for next year compared to JP¥97.91 last year.New Risk • Mar 04New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.9% average weekly change).분석 기사 • Feb 15Citizen Watch Co., Ltd. Just Recorded A 152% EPS Beat: Here's What Analysts Are Forecasting NextCitizen Watch Co., Ltd. ( TSE:7762 ) defied analyst predictions to release its third-quarter results, which were ahead...New Risk • Feb 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.04% 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 0.04% 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 • Feb 14Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥42.39 (up from JP¥40.71 in 3Q 2025). Revenue: JP¥97.9b (up 15% from 3Q 2025). Net income: JP¥10.3b (up 4.2% from 3Q 2025). Profit margin: 11% (down from 12% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 152%. Revenue is forecast to grow 1.7% 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 9% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,684, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 141% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,159 per share.Buy Or Sell Opportunity • Jan 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to JP¥1,360. The fair value is estimated to be JP¥1,129, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 8.7%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 0.7% per annum over the same time period.Buy Or Sell Opportunity • Jan 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to JP¥1,363. The fair value is estimated to be JP¥1,121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 8.7%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.분석 기사 • Dec 08Earnings Not Telling The Story For Citizen Watch Co., Ltd. (TSE:7762) After Shares Rise 26%Despite an already strong run, Citizen Watch Co., Ltd. ( TSE:7762 ) shares have been powering on, with a gain of 26% in...Buy Or Sell Opportunity • Dec 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to JP¥1,342. The fair value is estimated to be JP¥1,110, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 8.7%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are forecast to decline by 0.4% per annum over the same time period.분석 기사 • Dec 06Citizen Watch's (TSE:7762) Dividend Will Be ¥23.50Citizen Watch Co., Ltd. ( TSE:7762 ) will pay a dividend of ¥23.50 on the 26th of June. This makes the dividend yield...Declared Dividend • Dec 06First half dividend of JP¥23.50 announcedShareholders will receive a dividend of JP¥23.50. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (48% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.3% over the next 3 years. However, it would need to fall by 47% to increase the payout ratio to a potentially unsustainable range.Price Target Changed • Dec 03Price target increased by 10% to JP¥1,092Up from JP¥988, the current price target is an average from 6 analysts. New target price is 16% below last closing price of JP¥1,292. Stock is up 47% over the past year. The company is forecast to post earnings per share of JP¥87.45 for next year compared to JP¥97.91 last year.분석 기사 • Nov 14Earnings Beat: Citizen Watch Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsIt's been a pretty great week for Citizen Watch Co., Ltd. ( TSE:7762 ) shareholders, with its shares surging 15% to...Reported Earnings • Nov 14Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: JP¥11.04 (down from JP¥15.32 in 2Q 2025). Revenue: JP¥84.0b (up 4.1% from 2Q 2025). Net income: JP¥2.69b (down 28% from 2Q 2025). Profit margin: 3.2% (down from 4.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.7%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Oct 31Is Citizen Watch Co., Ltd. (TSE:7762) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights The projected fair value for Citizen Watch is JP¥805 based on 2 Stage Free Cash Flow to Equity Current...공시 • Oct 02Citizen Watch Co., Ltd.(TSE:7762) dropped from Nikkei 225 IndexCitizen Watch Co., Ltd. has been dropped from the Nikkei 225 Index.Upcoming Dividend • Sep 22Upcoming dividend of JP¥23.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).분석 기사 • Sep 05Citizen Watch Co., Ltd.'s (TSE:7762) Share Price Is Matching Sentiment Around Its EarningsWith a price-to-earnings (or "P/E") ratio of 10.5x Citizen Watch Co., Ltd. ( TSE:7762 ) may be sending bullish signals...Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: JP¥37.67 (vs JP¥35.04 in 1Q 2025)First quarter 2026 results: EPS: JP¥37.67 (up from JP¥35.04 in 1Q 2025). Revenue: JP¥75.3b (flat on 1Q 2025). Net income: JP¥9.19b (up 7.5% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Revenue is forecast to grow 2.0% 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 9% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jul 23Citizen Watch (TSE:7762) Will Pay A Larger Dividend Than Last Year At ¥23.50Citizen Watch Co., Ltd. ( TSE:7762 ) will increase its dividend from last year's comparable payment on the 5th of...분석 기사 • Jul 09Citizen Watch (TSE:7762) Is Increasing Its Dividend To ¥23.50The board of Citizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will be paying its dividend of ¥23.50 on the...Declared Dividend • Jul 09Final dividend increased to JP¥23.50Dividend of JP¥23.50 is 4.4% higher than last year. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 5.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next 3 years. However, it would need to fall by 49% to increase the payout ratio to a potentially unsustainable range.Buy Or Sell Opportunity • Jul 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.4% to JP¥852. The fair value is estimated to be JP¥709, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has grown by 9.9%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are forecast to decline by 5.6% per annum over the same time period.분석 기사 • May 20We Think That There Are Issues Underlying Citizen Watch's (TSE:7762) EarningsCitizen Watch Co., Ltd.'s ( TSE:7762 ) robust earnings report didn't manage to move the market for its stock. Our...Reported Earnings • May 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥97.91 (up from JP¥93.60 in FY 2024). Revenue: JP¥316.9b (up 1.3% from FY 2024). Net income: JP¥23.9b (up 4.0% from FY 2024). Profit margin: 7.5% (up from 7.3% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • May 15A Look At The Fair Value Of Citizen Watch Co., Ltd. (TSE:7762)Key Insights Using the 2 Stage Free Cash Flow to Equity, Citizen Watch fair value estimate is JP¥935 Citizen Watch's...공시 • May 13Citizen Watch Co., Ltd., Annual General Meeting, Jun 25, 2025Citizen Watch Co., Ltd., Annual General Meeting, Jun 25, 2025.분석 기사 • Apr 15Citizen Watch (TSE:7762) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥748, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥931 per share.Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).분석 기사 • Mar 05Citizen Watch's (TSE:7762) Dividend Will Be ¥22.50Citizen Watch Co., Ltd. ( TSE:7762 ) will pay a dividend of ¥22.50 on the 26th of June. This will take the annual...공시 • Mar 04+ 3 more updatesCitizen Watch Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025Citizen Watch Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025Reported Earnings • Feb 13Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: JP¥40.71 (up from JP¥29.95 in 3Q 2024). Revenue: JP¥85.2b (flat on 3Q 2024). Net income: JP¥9.93b (up 36% from 3Q 2024). Profit margin: 12% (up from 8.5% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 62%. Revenue is forecast to grow 1.8% 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 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Feb 06Does Citizen Watch (TSE:7762) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...분석 기사 • Dec 06Citizen Watch (TSE:7762) Has Announced A Dividend Of ¥22.50Citizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will pay a dividend of ¥22.50 per share on the 26th of June...Declared Dividend • Dec 06First half dividend of JP¥22.50 announcedShareholders will receive a dividend of JP¥22.50. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.3% over the next 3 years. However, it would need to fall by 47% to increase the payout ratio to a potentially unsustainable range.분석 기사 • Nov 18Citizen Watch's (TSE:7762) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Citizen Watch Co., Ltd.'s ( TSE:7762 ) recent earnings didn't contain any...Reported Earnings • Nov 13Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥15.32 (down from JP¥29.15 in 2Q 2024). Revenue: JP¥80.6b (flat on 2Q 2024). Net income: JP¥3.74b (down 47% from 2Q 2024). Profit margin: 4.6% (down from 8.9% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%. Revenue is forecast to grow 1.7% 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 24% per year whereas the company’s share price has increased by 21% per year.Buy Or Sell Opportunity • Oct 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to JP¥947. The fair value is estimated to be JP¥1,194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings are forecast to decline by 3.8% per annum over the same time period.분석 기사 • Oct 08Citizen Watch Co., Ltd. (TSE:7762) Shares Could Be 21% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Citizen Watch is JP¥1,195 based on 2 Stage Free Cash Flow to Equity Current...Upcoming Dividend • Sep 20Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).Reported Earnings • Aug 18First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: JP¥35.04 (up from JP¥25.16 in 1Q 2024). Revenue: JP¥75.9b (up 4.4% from 1Q 2024). Net income: JP¥8.54b (up 36% from 1Q 2024). Profit margin: 11% (up from 8.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 109%. Revenue is forecast to grow 2.0% 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 44% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 08Citizen Watch's (TSE:7762) Shareholders Will Receive A Bigger Dividend Than Last YearCitizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will be increasing its dividend from last year's comparable...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥797, 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 107% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,212 per share.Buy Or Sell Opportunity • Aug 02Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.0% to JP¥935. The fair value is estimated to be JP¥1,214, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings are forecast to decline by 0.8% per annum over the same time period.분석 기사 • Jul 25Citizen Watch's (TSE:7762) Upcoming Dividend Will Be Larger Than Last Year'sCitizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will be increasing its dividend from last year's comparable...분석 기사 • Jul 11Citizen Watch's (TSE:7762) Shareholders Will Receive A Bigger Dividend Than Last YearCitizen Watch Co., Ltd. ( TSE:7762 ) will increase its dividend from last year's comparable payment on the 5th of...Declared Dividend • Jul 11Final dividend increased to JP¥22.50Dividend of JP¥22.50 is 13% higher than last year. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (66% 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 remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.분석 기사 • Jun 27There's No Escaping Citizen Watch Co., Ltd.'s (TSE:7762) Muted EarningsWith a price-to-earnings (or "P/E") ratio of 11.3x Citizen Watch Co., Ltd. ( TSE:7762 ) may be sending bullish signals...New Risk • Jun 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.05% 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 0.05% 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.Board Change • Jun 20Less 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. 5 non-independent directors. Independent Outside Director Katsuhiko Yoshida 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.공시 • Jun 19+ 2 more updatesCitizen Watch Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Citizen Watch Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025Reported Earnings • May 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥93.60 (up from JP¥75.25 in FY 2023). Revenue: JP¥312.8b (up 3.8% from FY 2023). Net income: JP¥23.0b (up 5.1% from FY 2023). Profit margin: 7.3% (up from 7.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • May 15Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥303.7b to JP¥308.3b. EPS estimate increased from JP¥77.32 to JP¥91.70 per share. Net income forecast to shrink 2.9% next year vs 12% growth forecast for Electronic industry in Japan . Consensus price target of JP¥964 unchanged from last update. Share price was steady at JP¥1,011 over the past week.공시 • May 15Citizen Watch Co., Ltd., Annual General Meeting, Jun 25, 2024Citizen Watch Co., Ltd., Annual General Meeting, Jun 25, 2024.분석 기사 • Apr 12The Returns At Citizen Watch (TSE:7762) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...공시 • Mar 30Citizen Watch Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Citizen Watch Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024Price Target Changed • Mar 29Price target increased by 13% to JP¥964Up from JP¥850, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥991. Stock is up 27% over the past year. The company is forecast to post earnings per share of JP¥85.23 for next year compared to JP¥75.25 last year.Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).분석 기사 • Mar 12Citizen Watch Co., Ltd. (TSE:7762) Looks Inexpensive But Perhaps Not Attractive EnoughCitizen Watch Co., Ltd.'s ( TSE:7762 ) price-to-earnings (or "P/E") ratio of 10.5x might make it look like a buy right...분석 기사 • Feb 26Citizen Watch (TSE:7762) Has Announced A Dividend Of ¥20.00Citizen Watch Co., Ltd. ( TSE:7762 ) will pay a dividend of ¥20.00 on the 1st of July. This will take the annual...Reported Earnings • Feb 14Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥29.95 (up from JP¥24.12 in 3Q 2023). Revenue: JP¥86.0b (up 4.2% from 3Q 2023). Net income: JP¥7.30b (up 3.5% from 3Q 2023). Profit margin: 8.5% (in line with 3Q 2023). Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 78%. Revenue is forecast to grow 1.2% 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 87% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.공시 • Nov 27Citizen Watch Co., Ltd. to Report Q3, 2024 Results on Feb 13, 2024Citizen Watch Co., Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024Reported Earnings • Nov 15Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥29.15 (up from JP¥18.42 in 2Q 2023). Revenue: JP¥80.2b (up 5.1% from 2Q 2023). Net income: JP¥7.11b (up 32% from 2Q 2023). Profit margin: 8.9% (up from 7.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.New Risk • Nov 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.07% 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 0.07% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 487x cash flows per share).Buying Opportunity • Nov 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.7%. The fair value is estimated to be JP¥1,113, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings is forecast to decline by 0.07% per annum over the same time period.New Risk • Oct 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.07% 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 0.07% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 487x cash flows per share).Buying Opportunity • Oct 19Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings is also forecast to grow by 0.09% per annum over the same time period.Buying Opportunity • Oct 04Now 22% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be JP¥1,146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings is also forecast to grow by 0.008% per annum over the same time period.Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 4.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).공시 • Aug 27Citizen Watch Co., Ltd. to Report Q2, 2024 Results on Nov 13, 2023Citizen Watch Co., Ltd. announced that they will report Q2, 2024 results on Nov 13, 2023Reported Earnings • Aug 15First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: JP¥25.16. Revenue: JP¥72.7b (up 1.9% from 1Q 2023). Net income: JP¥6.28b (down 14% from 1Q 2023). Profit margin: 8.6% (down from 10% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 77%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan.Buying Opportunity • Aug 15Now 21% undervaluedOver the last 90 days, the stock is up 9.2%. The fair value is estimated to be JP¥1,108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is forecast to decline by 0.6% per annum over the same time period.공시 • May 28Citizen Watch Co., Ltd. to Report Q1, 2024 Results on Aug 14, 2023Citizen Watch Co., Ltd. announced that they will report Q1, 2024 results on Aug 14, 2023Reported Earnings • May 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥75.25. Revenue: JP¥301.4b (up 7.1% from FY 2022). Net income: JP¥21.8b (down 1.4% from FY 2022). Profit margin: 7.2% (down from 7.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.7%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan.공시 • May 14Citizen Watch Co., Ltd., Annual General Meeting, Jun 28, 2023Citizen Watch Co., Ltd., Annual General Meeting, Jun 28, 2023.Price Target Changed • Apr 11Price target increased by 7.0% to JP¥719Up from JP¥671, the current price target is an average from 7 analysts. New target price is 8.6% below last closing price of JP¥786. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥70.50 for next year compared to JP¥71.38 last year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥19.00 per share at 4.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Price Target Changed • Mar 03Price target increased by 10.0% to JP¥630Up from JP¥573, the current price target is an average from 7 analysts. New target price is 25% below last closing price of JP¥835. Stock is up 73% over the past year. The company is forecast to post earnings per share of JP¥67.03 for next year compared to JP¥71.38 last year.Reported Earnings • Feb 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: JP¥24.12. Revenue: JP¥82.5b (up 3.3% from 3Q 2022). Net income: JP¥7.05b (down 3.7% from 3Q 2022). Profit margin: 8.5% (down from 9.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 7762 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 7762 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Citizen Watch 배당 수익률 vs 시장7762의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (7762)2.2%시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.8%업계 평균 (Electronic)1.2%분석가 예측 (7762) (최대 3년)2.4%주목할만한 배당금: 7762 의 배당금( 2.22% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.74% )보다 높습니다.고배당: 7762 의 배당금( 2.22% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.78% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 47% )로 7762 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현재 현금 지급 비율 ( 76.6% )에서 7762 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 03:21종가2026/05/21 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 소스Citizen Watch Co., Ltd.는 14명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Masahiro NakanomyoBarclaysEiichi KatayamaBofA Global ResearchMasahiro ShibanoCitigroup Inc11명의 분석가 더 보기
Upcoming Dividend • Mar 23Upcoming dividend of JP¥23.50 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
분석 기사 • Dec 06Citizen Watch's (TSE:7762) Dividend Will Be ¥23.50Citizen Watch Co., Ltd. ( TSE:7762 ) will pay a dividend of ¥23.50 on the 26th of June. This makes the dividend yield...
Declared Dividend • Dec 06First half dividend of JP¥23.50 announcedShareholders will receive a dividend of JP¥23.50. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (48% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.3% over the next 3 years. However, it would need to fall by 47% to increase the payout ratio to a potentially unsustainable range.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥23.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
분석 기사 • Jul 23Citizen Watch (TSE:7762) Will Pay A Larger Dividend Than Last Year At ¥23.50Citizen Watch Co., Ltd. ( TSE:7762 ) will increase its dividend from last year's comparable payment on the 5th of...
분석 기사 • Jul 09Citizen Watch (TSE:7762) Is Increasing Its Dividend To ¥23.50The board of Citizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will be paying its dividend of ¥23.50 on the...
Reported Earnings • May 14Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥127 (up from JP¥97.91 in FY 2025). Revenue: JP¥346.8b (up 9.4% from FY 2025). Net income: JP¥31.1b (up 30% from FY 2025). Profit margin: 9.0% (up from 7.5% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 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 12% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 13Citizen Watch Co., Ltd., Annual General Meeting, Jun 24, 2026Citizen Watch Co., Ltd., Annual General Meeting, Jun 24, 2026.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,081, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Electronic industry in Japan. Total returns to shareholders of 193% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,323 per share.
Price Target Changed • May 11Price target increased by 13% to JP¥1,725Up from JP¥1,533, the current price target is an average from 6 analysts. New target price is 14% below last closing price of JP¥2,010. Stock is up 136% over the past year. The company is forecast to post earnings per share of JP¥96.68 for next year compared to JP¥97.91 last year.
공시 • May 10+ 2 more updatesCitizen Watch Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026Citizen Watch Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026
Buy Or Sell Opportunity • Apr 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to JP¥1,797. The fair value is estimated to be JP¥1,472, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 8.5%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥23.50 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Buy Or Sell Opportunity • Mar 18Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to JP¥1,733. The fair value is estimated to be JP¥1,399, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 8.5%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.
Price Target Changed • Mar 10Price target increased by 16% to JP¥1,475Up from JP¥1,267, the current price target is an average from 6 analysts. New target price is 12% below last closing price of JP¥1,669. Stock is up 76% over the past year. The company is forecast to post earnings per share of JP¥95.23 for next year compared to JP¥97.91 last year.
Price Target Changed • Mar 07Price target increased by 10% to JP¥1,325Up from JP¥1,200, the current price target is an average from 6 analysts. New target price is 24% below last closing price of JP¥1,752. Stock is up 86% over the past year. The company is forecast to post earnings per share of JP¥92.98 for next year compared to JP¥97.91 last year.
New Risk • Mar 04New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.9% average weekly change).
분석 기사 • Feb 15Citizen Watch Co., Ltd. Just Recorded A 152% EPS Beat: Here's What Analysts Are Forecasting NextCitizen Watch Co., Ltd. ( TSE:7762 ) defied analyst predictions to release its third-quarter results, which were ahead...
New Risk • Feb 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.04% 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 0.04% 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 • Feb 14Third quarter 2026 earnings: EPS and revenues exceed analyst expectationsThird quarter 2026 results: EPS: JP¥42.39 (up from JP¥40.71 in 3Q 2025). Revenue: JP¥97.9b (up 15% from 3Q 2025). Net income: JP¥10.3b (up 4.2% from 3Q 2025). Profit margin: 11% (down from 12% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 152%. Revenue is forecast to grow 1.7% 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 9% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥1,684, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Electronic industry in Japan. Total returns to shareholders of 141% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,159 per share.
Buy Or Sell Opportunity • Jan 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to JP¥1,360. The fair value is estimated to be JP¥1,129, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 8.7%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings are also forecast to grow by 0.7% per annum over the same time period.
Buy Or Sell Opportunity • Jan 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to JP¥1,363. The fair value is estimated to be JP¥1,121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 8.7%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.
분석 기사 • Dec 08Earnings Not Telling The Story For Citizen Watch Co., Ltd. (TSE:7762) After Shares Rise 26%Despite an already strong run, Citizen Watch Co., Ltd. ( TSE:7762 ) shares have been powering on, with a gain of 26% in...
Buy Or Sell Opportunity • Dec 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to JP¥1,342. The fair value is estimated to be JP¥1,110, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 8.7%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are forecast to decline by 0.4% per annum over the same time period.
분석 기사 • Dec 06Citizen Watch's (TSE:7762) Dividend Will Be ¥23.50Citizen Watch Co., Ltd. ( TSE:7762 ) will pay a dividend of ¥23.50 on the 26th of June. This makes the dividend yield...
Declared Dividend • Dec 06First half dividend of JP¥23.50 announcedShareholders will receive a dividend of JP¥23.50. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (48% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.3% over the next 3 years. However, it would need to fall by 47% to increase the payout ratio to a potentially unsustainable range.
Price Target Changed • Dec 03Price target increased by 10% to JP¥1,092Up from JP¥988, the current price target is an average from 6 analysts. New target price is 16% below last closing price of JP¥1,292. Stock is up 47% over the past year. The company is forecast to post earnings per share of JP¥87.45 for next year compared to JP¥97.91 last year.
분석 기사 • Nov 14Earnings Beat: Citizen Watch Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsIt's been a pretty great week for Citizen Watch Co., Ltd. ( TSE:7762 ) shareholders, with its shares surging 15% to...
Reported Earnings • Nov 14Second quarter 2026 earnings: EPS exceeds analyst expectationsSecond quarter 2026 results: EPS: JP¥11.04 (down from JP¥15.32 in 2Q 2025). Revenue: JP¥84.0b (up 4.1% from 2Q 2025). Net income: JP¥2.69b (down 28% from 2Q 2025). Profit margin: 3.2% (down from 4.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.7%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Oct 31Is Citizen Watch Co., Ltd. (TSE:7762) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights The projected fair value for Citizen Watch is JP¥805 based on 2 Stage Free Cash Flow to Equity Current...
공시 • Oct 02Citizen Watch Co., Ltd.(TSE:7762) dropped from Nikkei 225 IndexCitizen Watch Co., Ltd. has been dropped from the Nikkei 225 Index.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥23.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
분석 기사 • Sep 05Citizen Watch Co., Ltd.'s (TSE:7762) Share Price Is Matching Sentiment Around Its EarningsWith a price-to-earnings (or "P/E") ratio of 10.5x Citizen Watch Co., Ltd. ( TSE:7762 ) may be sending bullish signals...
Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: JP¥37.67 (vs JP¥35.04 in 1Q 2025)First quarter 2026 results: EPS: JP¥37.67 (up from JP¥35.04 in 1Q 2025). Revenue: JP¥75.3b (flat on 1Q 2025). Net income: JP¥9.19b (up 7.5% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Revenue is forecast to grow 2.0% 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 9% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jul 23Citizen Watch (TSE:7762) Will Pay A Larger Dividend Than Last Year At ¥23.50Citizen Watch Co., Ltd. ( TSE:7762 ) will increase its dividend from last year's comparable payment on the 5th of...
분석 기사 • Jul 09Citizen Watch (TSE:7762) Is Increasing Its Dividend To ¥23.50The board of Citizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will be paying its dividend of ¥23.50 on the...
Declared Dividend • Jul 09Final dividend increased to JP¥23.50Dividend of JP¥23.50 is 4.4% higher than last year. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 5.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next 3 years. However, it would need to fall by 49% to increase the payout ratio to a potentially unsustainable range.
Buy Or Sell Opportunity • Jul 03Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.4% to JP¥852. The fair value is estimated to be JP¥709, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has grown by 9.9%. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings are forecast to decline by 5.6% per annum over the same time period.
분석 기사 • May 20We Think That There Are Issues Underlying Citizen Watch's (TSE:7762) EarningsCitizen Watch Co., Ltd.'s ( TSE:7762 ) robust earnings report didn't manage to move the market for its stock. Our...
Reported Earnings • May 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥97.91 (up from JP¥93.60 in FY 2024). Revenue: JP¥316.9b (up 1.3% from FY 2024). Net income: JP¥23.9b (up 4.0% from FY 2024). Profit margin: 7.5% (up from 7.3% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • May 15A Look At The Fair Value Of Citizen Watch Co., Ltd. (TSE:7762)Key Insights Using the 2 Stage Free Cash Flow to Equity, Citizen Watch fair value estimate is JP¥935 Citizen Watch's...
공시 • May 13Citizen Watch Co., Ltd., Annual General Meeting, Jun 25, 2025Citizen Watch Co., Ltd., Annual General Meeting, Jun 25, 2025.
분석 기사 • Apr 15Citizen Watch (TSE:7762) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥748, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 82% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥931 per share.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
분석 기사 • Mar 05Citizen Watch's (TSE:7762) Dividend Will Be ¥22.50Citizen Watch Co., Ltd. ( TSE:7762 ) will pay a dividend of ¥22.50 on the 26th of June. This will take the annual...
공시 • Mar 04+ 3 more updatesCitizen Watch Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025Citizen Watch Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025
Reported Earnings • Feb 13Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: JP¥40.71 (up from JP¥29.95 in 3Q 2024). Revenue: JP¥85.2b (flat on 3Q 2024). Net income: JP¥9.93b (up 36% from 3Q 2024). Profit margin: 12% (up from 8.5% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 62%. Revenue is forecast to grow 1.8% 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 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Feb 06Does Citizen Watch (TSE:7762) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
분석 기사 • Dec 06Citizen Watch (TSE:7762) Has Announced A Dividend Of ¥22.50Citizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will pay a dividend of ¥22.50 per share on the 26th of June...
Declared Dividend • Dec 06First half dividend of JP¥22.50 announcedShareholders will receive a dividend of JP¥22.50. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.3% over the next 3 years. However, it would need to fall by 47% to increase the payout ratio to a potentially unsustainable range.
분석 기사 • Nov 18Citizen Watch's (TSE:7762) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Citizen Watch Co., Ltd.'s ( TSE:7762 ) recent earnings didn't contain any...
Reported Earnings • Nov 13Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥15.32 (down from JP¥29.15 in 2Q 2024). Revenue: JP¥80.6b (flat on 2Q 2024). Net income: JP¥3.74b (down 47% from 2Q 2024). Profit margin: 4.6% (down from 8.9% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.7%. Revenue is forecast to grow 1.7% 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 24% per year whereas the company’s share price has increased by 21% per year.
Buy Or Sell Opportunity • Oct 11Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to JP¥947. The fair value is estimated to be JP¥1,194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings are forecast to decline by 3.8% per annum over the same time period.
분석 기사 • Oct 08Citizen Watch Co., Ltd. (TSE:7762) Shares Could Be 21% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Citizen Watch is JP¥1,195 based on 2 Stage Free Cash Flow to Equity Current...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%).
Reported Earnings • Aug 18First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: JP¥35.04 (up from JP¥25.16 in 1Q 2024). Revenue: JP¥75.9b (up 4.4% from 1Q 2024). Net income: JP¥8.54b (up 36% from 1Q 2024). Profit margin: 11% (up from 8.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 109%. Revenue is forecast to grow 2.0% 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 44% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 08Citizen Watch's (TSE:7762) Shareholders Will Receive A Bigger Dividend Than Last YearCitizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will be increasing its dividend from last year's comparable...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥797, 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 107% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,212 per share.
Buy Or Sell Opportunity • Aug 02Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.0% to JP¥935. The fair value is estimated to be JP¥1,214, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings are forecast to decline by 0.8% per annum over the same time period.
분석 기사 • Jul 25Citizen Watch's (TSE:7762) Upcoming Dividend Will Be Larger Than Last Year'sCitizen Watch Co., Ltd. ( TSE:7762 ) has announced that it will be increasing its dividend from last year's comparable...
분석 기사 • Jul 11Citizen Watch's (TSE:7762) Shareholders Will Receive A Bigger Dividend Than Last YearCitizen Watch Co., Ltd. ( TSE:7762 ) will increase its dividend from last year's comparable payment on the 5th of...
Declared Dividend • Jul 11Final dividend increased to JP¥22.50Dividend of JP¥22.50 is 13% higher than last year. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (66% 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 remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
분석 기사 • Jun 27There's No Escaping Citizen Watch Co., Ltd.'s (TSE:7762) Muted EarningsWith a price-to-earnings (or "P/E") ratio of 11.3x Citizen Watch Co., Ltd. ( TSE:7762 ) may be sending bullish signals...
New Risk • Jun 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.05% 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 0.05% 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.
Board Change • Jun 20Less 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. 5 non-independent directors. Independent Outside Director Katsuhiko Yoshida 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.
공시 • Jun 19+ 2 more updatesCitizen Watch Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Citizen Watch Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025
Reported Earnings • May 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥93.60 (up from JP¥75.25 in FY 2023). Revenue: JP¥312.8b (up 3.8% from FY 2023). Net income: JP¥23.0b (up 5.1% from FY 2023). Profit margin: 7.3% (up from 7.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • May 15Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥303.7b to JP¥308.3b. EPS estimate increased from JP¥77.32 to JP¥91.70 per share. Net income forecast to shrink 2.9% next year vs 12% growth forecast for Electronic industry in Japan . Consensus price target of JP¥964 unchanged from last update. Share price was steady at JP¥1,011 over the past week.
공시 • May 15Citizen Watch Co., Ltd., Annual General Meeting, Jun 25, 2024Citizen Watch Co., Ltd., Annual General Meeting, Jun 25, 2024.
분석 기사 • Apr 12The Returns At Citizen Watch (TSE:7762) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
공시 • Mar 30Citizen Watch Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Citizen Watch Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024
Price Target Changed • Mar 29Price target increased by 13% to JP¥964Up from JP¥850, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥991. Stock is up 27% over the past year. The company is forecast to post earnings per share of JP¥85.23 for next year compared to JP¥75.25 last year.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%).
분석 기사 • Mar 12Citizen Watch Co., Ltd. (TSE:7762) Looks Inexpensive But Perhaps Not Attractive EnoughCitizen Watch Co., Ltd.'s ( TSE:7762 ) price-to-earnings (or "P/E") ratio of 10.5x might make it look like a buy right...
분석 기사 • Feb 26Citizen Watch (TSE:7762) Has Announced A Dividend Of ¥20.00Citizen Watch Co., Ltd. ( TSE:7762 ) will pay a dividend of ¥20.00 on the 1st of July. This will take the annual...
Reported Earnings • Feb 14Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥29.95 (up from JP¥24.12 in 3Q 2023). Revenue: JP¥86.0b (up 4.2% from 3Q 2023). Net income: JP¥7.30b (up 3.5% from 3Q 2023). Profit margin: 8.5% (in line with 3Q 2023). Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 78%. Revenue is forecast to grow 1.2% 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 87% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
공시 • Nov 27Citizen Watch Co., Ltd. to Report Q3, 2024 Results on Feb 13, 2024Citizen Watch Co., Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024
Reported Earnings • Nov 15Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥29.15 (up from JP¥18.42 in 2Q 2023). Revenue: JP¥80.2b (up 5.1% from 2Q 2023). Net income: JP¥7.11b (up 32% from 2Q 2023). Profit margin: 8.9% (up from 7.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.07% 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 0.07% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 487x cash flows per share).
Buying Opportunity • Nov 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.7%. The fair value is estimated to be JP¥1,113, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings is forecast to decline by 0.07% per annum over the same time period.
New Risk • Oct 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.07% 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 0.07% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 487x cash flows per share).
Buying Opportunity • Oct 19Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings is also forecast to grow by 0.09% per annum over the same time period.
Buying Opportunity • Oct 04Now 22% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be JP¥1,146, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings is also forecast to grow by 0.008% per annum over the same time period.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 4.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
공시 • Aug 27Citizen Watch Co., Ltd. to Report Q2, 2024 Results on Nov 13, 2023Citizen Watch Co., Ltd. announced that they will report Q2, 2024 results on Nov 13, 2023
Reported Earnings • Aug 15First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: JP¥25.16. Revenue: JP¥72.7b (up 1.9% from 1Q 2023). Net income: JP¥6.28b (down 14% from 1Q 2023). Profit margin: 8.6% (down from 10% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 77%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan.
Buying Opportunity • Aug 15Now 21% undervaluedOver the last 90 days, the stock is up 9.2%. The fair value is estimated to be JP¥1,108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is forecast to decline by 0.6% per annum over the same time period.
공시 • May 28Citizen Watch Co., Ltd. to Report Q1, 2024 Results on Aug 14, 2023Citizen Watch Co., Ltd. announced that they will report Q1, 2024 results on Aug 14, 2023
Reported Earnings • May 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥75.25. Revenue: JP¥301.4b (up 7.1% from FY 2022). Net income: JP¥21.8b (down 1.4% from FY 2022). Profit margin: 7.2% (down from 7.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.7%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan.
공시 • May 14Citizen Watch Co., Ltd., Annual General Meeting, Jun 28, 2023Citizen Watch Co., Ltd., Annual General Meeting, Jun 28, 2023.
Price Target Changed • Apr 11Price target increased by 7.0% to JP¥719Up from JP¥671, the current price target is an average from 7 analysts. New target price is 8.6% below last closing price of JP¥786. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥70.50 for next year compared to JP¥71.38 last year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥19.00 per share at 4.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Price Target Changed • Mar 03Price target increased by 10.0% to JP¥630Up from JP¥573, the current price target is an average from 7 analysts. New target price is 25% below last closing price of JP¥835. Stock is up 73% over the past year. The company is forecast to post earnings per share of JP¥67.03 for next year compared to JP¥71.38 last year.
Reported Earnings • Feb 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: JP¥24.12. Revenue: JP¥82.5b (up 3.3% from 3Q 2022). Net income: JP¥7.05b (down 3.7% from 3Q 2022). Profit margin: 8.5% (down from 9.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Japan.