View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsRyoyo Electro 배당 및 자사주 매입배당 기준 점검 5/6Ryoyo Electro 수익으로 충분히 충당되는 현재 수익률 5.04% 보유한 배당금 지급 회사입니다.핵심 정보5.0%배당 수익률0.001%자사주 매입 수익률총 주주 수익률5.0%미래 배당 수익률n/a배당 성장률15.6%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향17%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jul 21Upcoming dividend of JP¥80.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).Upcoming Dividend • Jan 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).Upcoming Dividend • Jul 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 03 October 2022. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).Upcoming Dividend • Jan 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 January 2022. Payment date: 30 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).Upcoming Dividend • Jul 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 01 October 2021. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).Upcoming Dividend • Jan 21Upcoming Dividend of JP¥120 Per ShareWill be paid on the 30th of April to those who are registered shareholders by the 28th of January. The trailing yield of 5.3% is in the top quartile of Japanese dividend payers (3.0%), and it is higher than industry peers (1.1%).모든 업데이트 보기Recent updates공시 • Mar 02Ryoyo Electro Corporation to Delist from Prime Section of Tokyo Stock Exchange, Effective March 28, 2024Ryoyo Electro Corporation will be delisted from prime section of Tokyo Stock Exchange effective from March 28, 2024. Delisting is due to Becoming a wholly owned subsidiary of Ryoyo Ryosan Holdings Inc.Reported Earnings • Dec 03Third quarter 2024 earnings released: EPS: JP¥41.46 (vs JP¥45.21 in 3Q 2023)Third quarter 2024 results: EPS: JP¥41.46 (down from JP¥45.21 in 3Q 2023). Revenue: JP¥30.5b (down 14% from 3Q 2023). Net income: JP¥838.0m (down 8.2% from 3Q 2023). Profit margin: 2.7% (up from 2.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.2% 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 75% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Nov 01Ryoyo Electro Corporation to Report Q3, 2024 Results on Nov 30, 2023Ryoyo Electro Corporation announced that they will report Q3, 2024 results on Nov 30, 2023Reported Earnings • Sep 02Second quarter 2024 earnings released: EPS: JP¥40.98 (vs JP¥47.10 in 2Q 2023)Second quarter 2024 results: EPS: JP¥40.98 (down from JP¥47.10 in 2Q 2023). Revenue: JP¥32.5b (up 9.3% from 2Q 2023). Net income: JP¥828.0m (down 13% from 2Q 2023). Profit margin: 2.5% (down from 3.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 21Upcoming dividend of JP¥80.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).공시 • Jul 06Ryoyo Electro Corporation to Report Q2, 2024 Results on Aug 31, 2023Ryoyo Electro Corporation announced that they will report Q2, 2024 results on Aug 31, 2023Reported Earnings • Jun 02First quarter 2024 earnings released: EPS: JP¥244 (vs JP¥41.17 in 1Q 2023)First quarter 2024 results: EPS: JP¥244 (up from JP¥41.17 in 1Q 2023). Revenue: JP¥32.6b (up 4.8% from 1Q 2023). Net income: JP¥4.92b (up 494% from 1Q 2023). Profit margin: 15% (up from 2.7% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥3,180, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 37% over the past three years.Board Change • May 09Less 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. 4 non-independent directors. Independent Outside Director Shinya Takada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 10Full year 2023 earnings released: EPS: JP¥151 (vs JP¥104 in FY 2022)Full year 2023 results: EPS: JP¥151 (up from JP¥104 in FY 2022). Revenue: JP¥129.9b (up 16% from FY 2022). Net income: JP¥3.06b (up 63% from FY 2022). Profit margin: 2.4% (up from 1.7% 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 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Feb 09Ryoyo Electro Corporation (TSE:8068) agreed to acquire 18.71% stake in Ryosan Company, Limited (TSE:8140) from Silchester International Investors LLP for approximately ¥15.8 billion.Ryoyo Electro Corporation (TSE:8068) agreed to acquire 18.71% stake in Ryosan Company, Limited (TSE:8140) from Silchester International Investors LLP for approximately ¥15.8 billion on February 7, 2023. The deal is subject to Ryoyo Electro Corporation (TSE:8068) board. As of February 7, 2023 Ryoyo Electro Corporation (TSE:8068) board approved the deal. The deal is expected to close on February 9, 2023.Upcoming Dividend • Jan 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).공시 • Jan 09Ryoyo Electro Corporation to Report Fiscal Year 2023 Results on Mar 09, 2023Ryoyo Electro Corporation announced that they will report fiscal year 2023 results on Mar 09, 2023Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: JP¥45.20 (vs JP¥20.70 in 3Q 2022)Third quarter 2023 results: EPS: JP¥45.20 (up from JP¥20.70 in 3Q 2022). Revenue: JP¥35.5b (up 26% from 3Q 2022). Net income: JP¥913.0m (up 143% from 3Q 2022). Profit margin: 2.6% (up from 1.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Outside Audit & Supervisory Board Member Kazumi Akiyama is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Oct 02Ryoyo Electro Corporation to Report Q3, 2023 Results on Nov 29, 2022Ryoyo Electro Corporation announced that they will report Q3, 2023 results on Nov 29, 2022Reported Earnings • Sep 02Second quarter 2023 earnings released: EPS: JP¥47.10 (vs JP¥23.34 in 2Q 2022)Second quarter 2023 results: EPS: JP¥47.10 (up from JP¥23.34 in 2Q 2022). Revenue: JP¥29.7b (up 15% from 2Q 2022). Net income: JP¥951.0m (up 134% from 2Q 2022). Profit margin: 3.2% (up from 1.6% 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 43% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 03 October 2022. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).공시 • Jul 09Ryoyo Electro Corporation to Report Q2, 2023 Results on Aug 31, 2022Ryoyo Electro Corporation announced that they will report Q2, 2023 results on Aug 31, 2022Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: JP¥41.17 (vs JP¥24.40 in 1Q 2022)First quarter 2023 results: EPS: JP¥41.17 (up from JP¥24.40 in 1Q 2022). Revenue: JP¥31.1b (up 18% from 1Q 2022). Net income: JP¥829.0m (up 96% from 1Q 2022). Profit margin: 2.7% (up from 1.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less 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. 4 non-independent directors. Independent Outside Director Shinya Takada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 08Ryoyo Electro Corporation to Report Q1, 2023 Results on May 31, 2022Ryoyo Electro Corporation announced that they will report Q1, 2023 results on May 31, 2022Reported Earnings • Mar 12Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: JP¥104 (up from JP¥35.19 in FY 2021). Revenue: JP¥112.1b (up 17% from FY 2021). Net income: JP¥1.87b (up 132% from FY 2021). Profit margin: 1.7% (up from 0.8% in FY 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 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jan 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 January 2022. Payment date: 30 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).Reported Earnings • Nov 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥20.70 (up from JP¥6.04 loss in 3Q 2021). Revenue: JP¥28.2b (up 17% from 3Q 2021). Net income: JP¥376.0m (up JP¥525.0m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). The move to profitability 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 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS JP¥23.34 (vs JP¥8.47 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥25.8b (up 25% from 2Q 2021). Net income: JP¥407.0m (up 95% from 2Q 2021). Profit margin: 1.6% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 01 October 2021. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).공시 • Jun 11Ryoyo Electro Corporation announced that it expects to receive ¥19.068 million in funding from Daiwa Securities Co. Ltd.Ryoyo Electro Corporation (TSE:8068) announced a private placement of 28,000 4th stock acquisition rights at a price of ¥681 per right for proceeds of ¥98,200,000 on June 10, 2021. The transaction will include participation from Daiwa Securities Co. Ltd. The number of potential shares per stock acquisition right is 100, resulting in 2,800,000 potential shares. The rights can be exercised from June 29, 2021 to June 29, 2023. The transaction has been approved by the board of directors. The warrants will be allotted on third part capital allotment basis. The allotment date is June 28, 2021.Reported Earnings • Jun 02First quarter 2022 earnings released: EPS JP¥24.40 (vs JP¥15.10 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥26.5b (up 5.8% from 1Q 2021). Net income: JP¥423.0m (up 14% from 1Q 2021). Profit margin: 1.6% (up from 1.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥35.19 (vs JP¥53.06 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥95.8b (down 12% from FY 2020). Net income: JP¥806.0m (down 38% from FY 2020). Profit margin: 0.8% (down from 1.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 12Full year 2021 earnings released: EPS JP¥35.19 (vs JP¥53.06 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥95.8b (down 12% from FY 2020). Net income: JP¥806.0m (down 38% from FY 2020). Profit margin: 0.8% (down from 1.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 12New 90-day low: JP¥2,679The company is down 4.0% from its price of JP¥2,798 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.Upcoming Dividend • Jan 21Upcoming Dividend of JP¥120 Per ShareWill be paid on the 30th of April to those who are registered shareholders by the 28th of January. The trailing yield of 5.3% is in the top quartile of Japanese dividend payers (3.0%), and it is higher than industry peers (1.1%).공시 • Jan 07Ryoyo Electro Corporation, Annual General Meeting, Apr 28, 2021Ryoyo Electro Corporation, Annual General Meeting, Apr 28, 2021.Is New 90 Day High Low • Dec 29New 90-day high: JP¥3,105The company is up 6.0% from its price of JP¥2,921 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.Reported Earnings • Dec 01Third quarter 2021 earnings released: JP¥6.04 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥24.0b (down 11% from 3Q 2020). Net loss: JP¥149.0m (down 152% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Jul 30Restar Holdings Corporation (TSE:3156) completed the acquisition of 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited.Restar Holdings Corporation (TSE:3156) entered into an agreement to acquire 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited for ¥10.72 billion on May 13, 2019. Under the terms, 5.4 million shares were acquired as part of the transaction. The transaction is expected to be funded by bank borrowings. The transaction has been approved by the Board of Renstar Holdings. The transaction is expected to be completed on May 15, 2019. Restar Holdings Corporation (TSE:3156) completed the acquisition of 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited in May 2019.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 8068 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 8068 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Ryoyo Electro 배당 수익률 vs 시장8068의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (8068)5.0%시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.8%업계 평균 (Electronic)1.3%분석가 예측 (8068) (최대 3년)n/a주목할만한 배당금: 8068 의 배당금( 5.04% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.74% )보다 높습니다.고배당: 8068 의 배당금( 5.04% )은 JP 시장( 3.78% )주주 대상 이익 배당수익 보장: 지급 비율 ( 17.4% )이 낮기 때문에 8068 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 46.9% )로 8068 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/03/29 08:22종가2024/03/29 00:00수익2024/01/31연간 수익2024/01/31데이터 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 소스Ryoyo Electro Corporation는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Takahiro MoriDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.
Upcoming Dividend • Jul 21Upcoming dividend of JP¥80.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
Upcoming Dividend • Jan 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
Upcoming Dividend • Jul 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 03 October 2022. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).
Upcoming Dividend • Jan 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 January 2022. Payment date: 30 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).
Upcoming Dividend • Jul 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 01 October 2021. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).
Upcoming Dividend • Jan 21Upcoming Dividend of JP¥120 Per ShareWill be paid on the 30th of April to those who are registered shareholders by the 28th of January. The trailing yield of 5.3% is in the top quartile of Japanese dividend payers (3.0%), and it is higher than industry peers (1.1%).
공시 • Mar 02Ryoyo Electro Corporation to Delist from Prime Section of Tokyo Stock Exchange, Effective March 28, 2024Ryoyo Electro Corporation will be delisted from prime section of Tokyo Stock Exchange effective from March 28, 2024. Delisting is due to Becoming a wholly owned subsidiary of Ryoyo Ryosan Holdings Inc.
Reported Earnings • Dec 03Third quarter 2024 earnings released: EPS: JP¥41.46 (vs JP¥45.21 in 3Q 2023)Third quarter 2024 results: EPS: JP¥41.46 (down from JP¥45.21 in 3Q 2023). Revenue: JP¥30.5b (down 14% from 3Q 2023). Net income: JP¥838.0m (down 8.2% from 3Q 2023). Profit margin: 2.7% (up from 2.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.2% 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 75% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Nov 01Ryoyo Electro Corporation to Report Q3, 2024 Results on Nov 30, 2023Ryoyo Electro Corporation announced that they will report Q3, 2024 results on Nov 30, 2023
Reported Earnings • Sep 02Second quarter 2024 earnings released: EPS: JP¥40.98 (vs JP¥47.10 in 2Q 2023)Second quarter 2024 results: EPS: JP¥40.98 (down from JP¥47.10 in 2Q 2023). Revenue: JP¥32.5b (up 9.3% from 2Q 2023). Net income: JP¥828.0m (down 13% from 2Q 2023). Profit margin: 2.5% (down from 3.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 21Upcoming dividend of JP¥80.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.5%).
공시 • Jul 06Ryoyo Electro Corporation to Report Q2, 2024 Results on Aug 31, 2023Ryoyo Electro Corporation announced that they will report Q2, 2024 results on Aug 31, 2023
Reported Earnings • Jun 02First quarter 2024 earnings released: EPS: JP¥244 (vs JP¥41.17 in 1Q 2023)First quarter 2024 results: EPS: JP¥244 (up from JP¥41.17 in 1Q 2023). Revenue: JP¥32.6b (up 4.8% from 1Q 2023). Net income: JP¥4.92b (up 494% from 1Q 2023). Profit margin: 15% (up from 2.7% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥3,180, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 37% over the past three years.
Board Change • May 09Less 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. 4 non-independent directors. Independent Outside Director Shinya Takada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 10Full year 2023 earnings released: EPS: JP¥151 (vs JP¥104 in FY 2022)Full year 2023 results: EPS: JP¥151 (up from JP¥104 in FY 2022). Revenue: JP¥129.9b (up 16% from FY 2022). Net income: JP¥3.06b (up 63% from FY 2022). Profit margin: 2.4% (up from 1.7% 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 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Feb 09Ryoyo Electro Corporation (TSE:8068) agreed to acquire 18.71% stake in Ryosan Company, Limited (TSE:8140) from Silchester International Investors LLP for approximately ¥15.8 billion.Ryoyo Electro Corporation (TSE:8068) agreed to acquire 18.71% stake in Ryosan Company, Limited (TSE:8140) from Silchester International Investors LLP for approximately ¥15.8 billion on February 7, 2023. The deal is subject to Ryoyo Electro Corporation (TSE:8068) board. As of February 7, 2023 Ryoyo Electro Corporation (TSE:8068) board approved the deal. The deal is expected to close on February 9, 2023.
Upcoming Dividend • Jan 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%).
공시 • Jan 09Ryoyo Electro Corporation to Report Fiscal Year 2023 Results on Mar 09, 2023Ryoyo Electro Corporation announced that they will report fiscal year 2023 results on Mar 09, 2023
Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: JP¥45.20 (vs JP¥20.70 in 3Q 2022)Third quarter 2023 results: EPS: JP¥45.20 (up from JP¥20.70 in 3Q 2022). Revenue: JP¥35.5b (up 26% from 3Q 2022). Net income: JP¥913.0m (up 143% from 3Q 2022). Profit margin: 2.6% (up from 1.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Outside Audit & Supervisory Board Member Kazumi Akiyama is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Oct 02Ryoyo Electro Corporation to Report Q3, 2023 Results on Nov 29, 2022Ryoyo Electro Corporation announced that they will report Q3, 2023 results on Nov 29, 2022
Reported Earnings • Sep 02Second quarter 2023 earnings released: EPS: JP¥47.10 (vs JP¥23.34 in 2Q 2022)Second quarter 2023 results: EPS: JP¥47.10 (up from JP¥23.34 in 2Q 2022). Revenue: JP¥29.7b (up 15% from 2Q 2022). Net income: JP¥951.0m (up 134% from 2Q 2022). Profit margin: 3.2% (up from 1.6% 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 43% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 03 October 2022. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).
공시 • Jul 09Ryoyo Electro Corporation to Report Q2, 2023 Results on Aug 31, 2022Ryoyo Electro Corporation announced that they will report Q2, 2023 results on Aug 31, 2022
Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: JP¥41.17 (vs JP¥24.40 in 1Q 2022)First quarter 2023 results: EPS: JP¥41.17 (up from JP¥24.40 in 1Q 2022). Revenue: JP¥31.1b (up 18% from 1Q 2022). Net income: JP¥829.0m (up 96% from 1Q 2022). Profit margin: 2.7% (up from 1.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less 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. 4 non-independent directors. Independent Outside Director Shinya Takada was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 08Ryoyo Electro Corporation to Report Q1, 2023 Results on May 31, 2022Ryoyo Electro Corporation announced that they will report Q1, 2023 results on May 31, 2022
Reported Earnings • Mar 12Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: JP¥104 (up from JP¥35.19 in FY 2021). Revenue: JP¥112.1b (up 17% from FY 2021). Net income: JP¥1.87b (up 132% from FY 2021). Profit margin: 1.7% (up from 0.8% in FY 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 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jan 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 January 2022. Payment date: 30 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.2%).
Reported Earnings • Nov 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥20.70 (up from JP¥6.04 loss in 3Q 2021). Revenue: JP¥28.2b (up 17% from 3Q 2021). Net income: JP¥376.0m (up JP¥525.0m from 3Q 2021). Profit margin: 1.3% (up from net loss in 3Q 2021). The move to profitability 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 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS JP¥23.34 (vs JP¥8.47 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥25.8b (up 25% from 2Q 2021). Net income: JP¥407.0m (up 95% from 2Q 2021). Profit margin: 1.6% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 01 October 2021. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).
공시 • Jun 11Ryoyo Electro Corporation announced that it expects to receive ¥19.068 million in funding from Daiwa Securities Co. Ltd.Ryoyo Electro Corporation (TSE:8068) announced a private placement of 28,000 4th stock acquisition rights at a price of ¥681 per right for proceeds of ¥98,200,000 on June 10, 2021. The transaction will include participation from Daiwa Securities Co. Ltd. The number of potential shares per stock acquisition right is 100, resulting in 2,800,000 potential shares. The rights can be exercised from June 29, 2021 to June 29, 2023. The transaction has been approved by the board of directors. The warrants will be allotted on third part capital allotment basis. The allotment date is June 28, 2021.
Reported Earnings • Jun 02First quarter 2022 earnings released: EPS JP¥24.40 (vs JP¥15.10 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥26.5b (up 5.8% from 1Q 2021). Net income: JP¥423.0m (up 14% from 1Q 2021). Profit margin: 1.6% (up from 1.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥35.19 (vs JP¥53.06 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥95.8b (down 12% from FY 2020). Net income: JP¥806.0m (down 38% from FY 2020). Profit margin: 0.8% (down from 1.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 12Full year 2021 earnings released: EPS JP¥35.19 (vs JP¥53.06 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥95.8b (down 12% from FY 2020). Net income: JP¥806.0m (down 38% from FY 2020). Profit margin: 0.8% (down from 1.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 12New 90-day low: JP¥2,679The company is down 4.0% from its price of JP¥2,798 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period.
Upcoming Dividend • Jan 21Upcoming Dividend of JP¥120 Per ShareWill be paid on the 30th of April to those who are registered shareholders by the 28th of January. The trailing yield of 5.3% is in the top quartile of Japanese dividend payers (3.0%), and it is higher than industry peers (1.1%).
공시 • Jan 07Ryoyo Electro Corporation, Annual General Meeting, Apr 28, 2021Ryoyo Electro Corporation, Annual General Meeting, Apr 28, 2021.
Is New 90 Day High Low • Dec 29New 90-day high: JP¥3,105The company is up 6.0% from its price of JP¥2,921 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period.
Reported Earnings • Dec 01Third quarter 2021 earnings released: JP¥6.04 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥24.0b (down 11% from 3Q 2020). Net loss: JP¥149.0m (down 152% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Jul 30Restar Holdings Corporation (TSE:3156) completed the acquisition of 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited.Restar Holdings Corporation (TSE:3156) entered into an agreement to acquire 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited for ¥10.72 billion on May 13, 2019. Under the terms, 5.4 million shares were acquired as part of the transaction. The transaction is expected to be funded by bank borrowings. The transaction has been approved by the Board of Renstar Holdings. The transaction is expected to be completed on May 15, 2019. Restar Holdings Corporation (TSE:3156) completed the acquisition of 20% stake in Ryoyo Electro Corporation (TSE : 8068) from Simplex Asset Management Co., Ltd. and Simplex Asset Management (HK) Company Limited in May 2019.