View Financial HealthForval TelecomInc 배당 및 자사주 매입배당 기준 점검 5/6Forval TelecomInc 수익으로 충분히 충당되는 현재 수익률 4.65% 보유한 배당금 지급 회사입니다.핵심 정보4.6%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률4.6%배당 성장률3.3%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향39%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 39% and the cash payout ratio is 76%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).Upcoming Dividend • Sep 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. 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 (3.8%). Higher than average of industry peers (3.3%).Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).Upcoming Dividend • Sep 21Upcoming dividend of JP¥7.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.7%).모든 업데이트 보기Recent updates공고 • Jun 04Forval Telecom,Inc. to Report Q1, 2027 Results on Aug 10, 2026Forval Telecom,Inc. announced that they will report Q1, 2027 results on Aug 10, 2026분석 기사 • May 22Concerns Surrounding Forval TelecomInc's (TSE:9445) PerformanceThe recent earnings posted by Forval Telecom,Inc. ( TSE:9445 ) were solid, but the stock didn't move as much as we...New Risk • May 20New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 110% Dividend yield: 4.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Dividend is not well covered by cash flows (110% cash payout ratio). Market cap is less than US$100m (JP¥9.42b market cap, or US$59.2m).Reported Earnings • May 20Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: JP¥58.79 (up from JP¥43.69 in FY 2025). Revenue: JP¥24.0b (down 6.7% from FY 2025). Net income: JP¥985.0m (up 35% from FY 2025). Profit margin: 4.1% (up from 2.9% in FY 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 7.1%. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year.공고 • May 15Forval Telecom,Inc., Annual General Meeting, Jun 25, 2026Forval Telecom,Inc., Annual General Meeting, Jun 25, 2026.공고 • May 10Forval Telecom,Inc. to Report Fiscal Year 2026 Results on May 15, 2026Forval Telecom,Inc. announced that they will report fiscal year 2026 results on May 15, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 39% and the cash payout ratio is 76%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥11.04 (vs JP¥9.97 in 3Q 2025)Third quarter 2026 results: EPS: JP¥11.04 (up from JP¥9.97 in 3Q 2025). Revenue: JP¥5.79b (down 7.1% from 3Q 2025). Net income: JP¥185.0m (up 11% from 3Q 2025). Profit margin: 3.2% (up from 2.7% in 3Q 2025). The increase in margin was driven by lower expenses. 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 21% per year, which means it is significantly lagging earnings growth.공고 • Dec 02Forval Telecom,Inc. to Report Q3, 2026 Results on Feb 10, 2026Forval Telecom,Inc. announced that they will report Q3, 2026 results on Feb 10, 2026Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥17.67 (vs JP¥16.89 in 2Q 2025)Second quarter 2026 results: EPS: JP¥17.67 (up from JP¥16.89 in 2Q 2025). Revenue: JP¥6.51b (down 8.0% from 2Q 2025). Net income: JP¥296.0m (up 4.6% from 2Q 2025). Profit margin: 4.5% (up from 4.0% in 2Q 2025). The increase in margin was driven by lower expenses. 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 21% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).Reported Earnings • Aug 10First quarter 2026 earnings released: EPS: JP¥14.74 (vs JP¥4.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥14.74 (up from JP¥4.36 in 1Q 2025). Revenue: JP¥5.32b (down 5.1% from 1Q 2025). Net income: JP¥247.0m (up 238% from 1Q 2025). Profit margin: 4.6% (up from 1.3% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공고 • Jul 31Forval Telecom,Inc. to Report Q2, 2026 Results on Nov 12, 2025Forval Telecom,Inc. announced that they will report Q2, 2026 results on Nov 12, 2025Reported Earnings • Jun 20Full year 2025 earnings released: EPS: JP¥43.69 (vs JP¥44.76 in FY 2024)Full year 2025 results: EPS: JP¥43.69 (down from JP¥44.76 in FY 2024). Revenue: JP¥25.7b (up 11% from FY 2024). Net income: JP¥732.0m (down 2.4% from FY 2024). Profit margin: 2.9% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year.분석 기사 • May 23There May Be Some Bright Spots In Forval TelecomInc's (TSE:9445) EarningsShareholders appeared unconcerned with Forval Telecom,Inc.'s ( TSE:9445 ) lackluster earnings report last week. We...Reported Earnings • May 17Full year 2025 earnings released: EPS: JP¥43.69 (vs JP¥44.76 in FY 2024)Full year 2025 results: EPS: JP¥43.69 (down from JP¥44.76 in FY 2024). Revenue: JP¥25.7b (up 11% from FY 2024). Net income: JP¥732.0m (down 2.4% from FY 2024). Profit margin: 2.9% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.공고 • May 13Forval Telecom,Inc., Annual General Meeting, Jun 19, 2025Forval Telecom,Inc., Annual General Meeting, Jun 19, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).공고 • Mar 04Forval Telecom,Inc. to Report Fiscal Year 2025 Results on May 13, 2025Forval Telecom,Inc. announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥9.97 (vs JP¥8.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥9.97 (up from JP¥8.36 in 3Q 2024). Revenue: JP¥6.23b (up 8.4% from 3Q 2024). Net income: JP¥167.0m (up 19% from 3Q 2024). Profit margin: 2.7% (up from 2.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.공고 • Jan 03Forval Telecom,Inc. to Report Q3, 2025 Results on Feb 12, 2025Forval Telecom,Inc. announced that they will report Q3, 2025 results on Feb 12, 2025분석 기사 • Nov 21Why Forval TelecomInc's (TSE:9445) Earnings Are Better Than They SeemForval Telecom,Inc.'s ( TSE:9445 ) solid earnings announcement recently didn't do much to the stock price. Our analysis...Upcoming Dividend • Sep 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. 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 (3.8%). Higher than average of industry peers (3.3%).분석 기사 • Sep 11Why The 35% Return On Capital At Forval TelecomInc (TSE:9445) Should Have Your AttentionIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...공고 • Aug 27Forval Telecom,Inc. to Report Q2, 2025 Results on Nov 13, 2024Forval Telecom,Inc. announced that they will report Q2, 2025 results on Nov 13, 2024Reported Earnings • Aug 15First quarter 2025 earnings released: EPS: JP¥4.36 (vs JP¥5.97 in 1Q 2024)First quarter 2025 results: EPS: JP¥4.36 (down from JP¥5.97 in 1Q 2024). Revenue: JP¥5.60b (up 7.0% from 1Q 2024). Net income: JP¥73.0m (down 27% from 1Q 2024). Profit margin: 1.3% (down from 1.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.공고 • Jun 28Forval Telecom,Inc. to Report Q1, 2025 Results on Aug 09, 2024Forval Telecom,Inc. announced that they will report Q1, 2025 results on Aug 09, 2024Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥44.76 (vs JP¥22.58 in FY 2023)Full year 2024 results: EPS: JP¥44.76 (up from JP¥22.58 in FY 2023). Revenue: JP¥23.1b (down 6.6% from FY 2023). Net income: JP¥750.0m (up 98% from FY 2023). Profit margin: 3.2% (up from 1.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • May 17Full year 2024 earnings released: EPS: JP¥44.76 (vs JP¥22.58 in FY 2023)Full year 2024 results: EPS: JP¥44.76 (up from JP¥22.58 in FY 2023). Revenue: JP¥23.1b (down 6.6% from FY 2023). Net income: JP¥750.0m (up 98% from FY 2023). Profit margin: 3.2% (up from 1.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공고 • May 15Forval Telecom,Inc., Annual General Meeting, Jun 20, 2024Forval Telecom,Inc., Annual General Meeting, Jun 20, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).공고 • Mar 02Forval Telecom,Inc. to Report Fiscal Year 2024 Results on May 13, 2024Forval Telecom,Inc. announced that they will report fiscal year 2024 results on May 13, 2024Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥8.36 (vs JP¥6.92 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.36 (up from JP¥6.92 in 3Q 2023). Revenue: JP¥5.75b (down 7.9% from 3Q 2023). Net income: JP¥140.0m (up 21% from 3Q 2023). Profit margin: 2.4% (up from 1.9% in 3Q 2023). The increase in margin was driven by lower expenses. 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 5% per year, which means it is significantly lagging earnings growth.공고 • Nov 27Forval Telecom,Inc. to Report Q3, 2024 Results on Feb 09, 2024Forval Telecom,Inc. announced that they will report Q3, 2024 results on Feb 09, 2024Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥16.11 (vs JP¥2.33 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥16.11 (up from JP¥2.33 loss in 2Q 2023). Revenue: JP¥6.14b (flat on 2Q 2023). Net income: JP¥270.0m (up JP¥309.0m from 2Q 2023). Profit margin: 4.4% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥7.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.7%).공고 • Aug 30Forval Telecom,Inc. to Report Q2, 2024 Results on Nov 10, 2023Forval Telecom,Inc. announced that they will report Q2, 2024 results on Nov 10, 2023New Risk • Aug 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥5.75b market cap, or US$39.7m).Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: JP¥5.97 (vs JP¥3.65 in 1Q 2023)First quarter 2024 results: EPS: JP¥5.97 (up from JP¥3.65 in 1Q 2023). Revenue: JP¥5.23b (down 5.4% from 1Q 2023). Net income: JP¥100.0m (up 64% from 1Q 2023). Profit margin: 1.9% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 18Full year 2023 earnings released: EPS: JP¥22.58 (vs JP¥52.00 in FY 2022)Full year 2023 results: EPS: JP¥22.58 (down from JP¥52.00 in FY 2022). Revenue: JP¥24.7b (up 14% from FY 2022). Net income: JP¥378.0m (down 56% from FY 2022). Profit margin: 1.5% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • May 14Forval Telecom,Inc., Annual General Meeting, Jun 22, 2023Forval Telecom,Inc., Annual General Meeting, Jun 22, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 5.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥6.92 (vs JP¥12.82 in 3Q 2022)Third quarter 2023 results: EPS: JP¥6.92 (down from JP¥12.82 in 3Q 2022). Revenue: JP¥6.25b (up 16% from 3Q 2022). Net income: JP¥116.0m (down 46% from 3Q 2022). Profit margin: 1.9% (down from 4.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.공고 • Dec 30Forval Telecom,Inc. to Report Q3, 2023 Results on Feb 10, 2023Forval Telecom,Inc. announced that they will report Q3, 2023 results on Feb 10, 2023Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 1 independent director (6 non-independent directors). Independent Outside Director Yoshiyuki Wada was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Second quarter 2023 earnings released: JP¥2.33 loss per share (vs JP¥11.74 profit in 2Q 2022)Second quarter 2023 results: JP¥2.33 loss per share (down from JP¥11.74 profit in 2Q 2022). Revenue: JP¥6.14b (up 14% from 2Q 2022). Net loss: JP¥39.0m (down 120% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.0%).공고 • Sep 01Forval Telecom,Inc. to Report Q2, 2023 Results on Nov 10, 2022Forval Telecom,Inc. announced that they will report Q2, 2023 results on Nov 10, 2022Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥3.65 (vs JP¥19.17 in 1Q 2022)First quarter 2023 results: EPS: JP¥3.65 (down from JP¥19.17 in 1Q 2022). Revenue: JP¥5.53b (up 10.0% from 1Q 2022). Net income: JP¥61.0m (down 81% from 1Q 2022). Profit margin: 1.1% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • May 30Forval Telecom,Inc. to Report Q1, 2023 Results on Aug 09, 2022Forval Telecom,Inc. announced that they will report Q1, 2023 results on Aug 09, 2022공고 • May 18Forval Telecom,Inc., Annual General Meeting, Jun 23, 2022Forval Telecom,Inc., Annual General Meeting, Jun 23, 2022.Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥52.00 (vs JP¥27.32 in FY 2021)Full year 2022 results: EPS: JP¥52.00 (up from JP¥27.32 in FY 2021). Revenue: JP¥21.8b (flat on FY 2021). Net income: JP¥868.0m (up 90% from FY 2021). Profit margin: 4.0% (up from 2.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Yoshiyuki Wada was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Apr 08Forval Telecom,Inc. to Report Fiscal Year 2022 Results on May 13, 2022Forval Telecom,Inc. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.3%).Reported Earnings • Feb 10Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥12.82 (up from JP¥8.03 in 3Q 2021). Revenue: JP¥5.40b (up 1.5% from 3Q 2021). Net income: JP¥214.0m (up 60% from 3Q 2021). Profit margin: 4.0% (up from 2.5% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS JP¥11.74 (vs JP¥10.84 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥5.39b (down 1.7% from 2Q 2021). Net income: JP¥196.0m (up 8.3% from 2Q 2021). Profit margin: 3.6% (up from 3.3% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (3.2%).Reported Earnings • Aug 15First quarter 2022 earnings released: EPS JP¥19.17 (vs JP¥4.79 in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥5.03b (down 2.7% from 1Q 2021). Net income: JP¥320.0m (up 300% from 1Q 2021). Profit margin: 6.4% (up from 1.5% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (3.3%).Is New 90 Day High Low • Mar 11New 90-day high: JP¥376The company is up 2.0% from its price of JP¥370 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 Telecom industry, which is up 9.0% over the same period.공고 • Mar 04Forval Telecom,Inc. to Report Fiscal Year 2021 Results on May 14, 2021Forval Telecom,Inc. announced that they will report fiscal year 2021 results on May 14, 2021Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥8.03 (vs JP¥8.75 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.32b (down 2.2% from 3Q 2020). Net income: JP¥134.0m (down 8.2% from 3Q 2020). Profit margin: 2.5% (down from 2.7% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 84% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 03New 90-day high: JP¥340The company is up 6.0% from its price of JP¥320 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is up 5.0% over the same period.공고 • Nov 29Forval Telecom, Inc. to Report Q3, 2021 Results on Feb 09, 2021Forval Telecom, Inc. announced that they will report Q3, 2021 results on Feb 09, 2021공고 • Aug 30Forval Telecom, Inc. to Report Q2, 2021 Results on Nov 11, 2020Forval Telecom, Inc. announced that they will report Q2, 2021 results on Nov 11, 2020공고 • Jun 29Forval Telecom, Inc. to Report Q1, 2021 Results on Aug 12, 2020Forval Telecom, Inc. announced that they will report Q1, 2021 results on Aug 12, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 9445 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: 9445 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Forval TelecomInc 배당 수익률 vs 시장9445의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (9445)4.6%시장 하위 25% (JP)1.8%시장 상위 25% (JP)3.8%업계 평균 (Telecom)3.5%분석가 예측 (9445) (최대 3년)4.6%주목할만한 배당금: 9445 의 배당금( 4.65% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.8% )보다 높습니다.고배당: 9445 의 배당금( 4.65% )은 JP 시장( 3.82% )주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 39.3% )로 9445 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 119.7% )이 높기 때문에 9445 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/13 18:33종가2026/07/13 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Forval Telecom,Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullInvestment Bridge Co., Ltd.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 39% and the cash payout ratio is 76%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).
Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).
Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).
Upcoming Dividend • Sep 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. 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 (3.8%). Higher than average of industry peers (3.3%).
Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).
Upcoming Dividend • Sep 21Upcoming dividend of JP¥7.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.7%).
공고 • Jun 04Forval Telecom,Inc. to Report Q1, 2027 Results on Aug 10, 2026Forval Telecom,Inc. announced that they will report Q1, 2027 results on Aug 10, 2026
분석 기사 • May 22Concerns Surrounding Forval TelecomInc's (TSE:9445) PerformanceThe recent earnings posted by Forval Telecom,Inc. ( TSE:9445 ) were solid, but the stock didn't move as much as we...
New Risk • May 20New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 110% Dividend yield: 4.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Dividend is not well covered by cash flows (110% cash payout ratio). Market cap is less than US$100m (JP¥9.42b market cap, or US$59.2m).
Reported Earnings • May 20Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: JP¥58.79 (up from JP¥43.69 in FY 2025). Revenue: JP¥24.0b (down 6.7% from FY 2025). Net income: JP¥985.0m (up 35% from FY 2025). Profit margin: 4.1% (up from 2.9% in FY 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 7.1%. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year.
공고 • May 15Forval Telecom,Inc., Annual General Meeting, Jun 25, 2026Forval Telecom,Inc., Annual General Meeting, Jun 25, 2026.
공고 • May 10Forval Telecom,Inc. to Report Fiscal Year 2026 Results on May 15, 2026Forval Telecom,Inc. announced that they will report fiscal year 2026 results on May 15, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥13.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. Payout ratio is a comfortable 39% and the cash payout ratio is 76%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥11.04 (vs JP¥9.97 in 3Q 2025)Third quarter 2026 results: EPS: JP¥11.04 (up from JP¥9.97 in 3Q 2025). Revenue: JP¥5.79b (down 7.1% from 3Q 2025). Net income: JP¥185.0m (up 11% from 3Q 2025). Profit margin: 3.2% (up from 2.7% in 3Q 2025). The increase in margin was driven by lower expenses. 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 21% per year, which means it is significantly lagging earnings growth.
공고 • Dec 02Forval Telecom,Inc. to Report Q3, 2026 Results on Feb 10, 2026Forval Telecom,Inc. announced that they will report Q3, 2026 results on Feb 10, 2026
Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥17.67 (vs JP¥16.89 in 2Q 2025)Second quarter 2026 results: EPS: JP¥17.67 (up from JP¥16.89 in 2Q 2025). Revenue: JP¥6.51b (down 8.0% from 2Q 2025). Net income: JP¥296.0m (up 4.6% from 2Q 2025). Profit margin: 4.5% (up from 4.0% in 2Q 2025). The increase in margin was driven by lower expenses. 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 21% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).
Reported Earnings • Aug 10First quarter 2026 earnings released: EPS: JP¥14.74 (vs JP¥4.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥14.74 (up from JP¥4.36 in 1Q 2025). Revenue: JP¥5.32b (down 5.1% from 1Q 2025). Net income: JP¥247.0m (up 238% from 1Q 2025). Profit margin: 4.6% (up from 1.3% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공고 • Jul 31Forval Telecom,Inc. to Report Q2, 2026 Results on Nov 12, 2025Forval Telecom,Inc. announced that they will report Q2, 2026 results on Nov 12, 2025
Reported Earnings • Jun 20Full year 2025 earnings released: EPS: JP¥43.69 (vs JP¥44.76 in FY 2024)Full year 2025 results: EPS: JP¥43.69 (down from JP¥44.76 in FY 2024). Revenue: JP¥25.7b (up 11% from FY 2024). Net income: JP¥732.0m (down 2.4% from FY 2024). Profit margin: 2.9% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year.
분석 기사 • May 23There May Be Some Bright Spots In Forval TelecomInc's (TSE:9445) EarningsShareholders appeared unconcerned with Forval Telecom,Inc.'s ( TSE:9445 ) lackluster earnings report last week. We...
Reported Earnings • May 17Full year 2025 earnings released: EPS: JP¥43.69 (vs JP¥44.76 in FY 2024)Full year 2025 results: EPS: JP¥43.69 (down from JP¥44.76 in FY 2024). Revenue: JP¥25.7b (up 11% from FY 2024). Net income: JP¥732.0m (down 2.4% from FY 2024). Profit margin: 2.9% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year.
공고 • May 13Forval Telecom,Inc., Annual General Meeting, Jun 19, 2025Forval Telecom,Inc., Annual General Meeting, Jun 19, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).
공고 • Mar 04Forval Telecom,Inc. to Report Fiscal Year 2025 Results on May 13, 2025Forval Telecom,Inc. announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥9.97 (vs JP¥8.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥9.97 (up from JP¥8.36 in 3Q 2024). Revenue: JP¥6.23b (up 8.4% from 3Q 2024). Net income: JP¥167.0m (up 19% from 3Q 2024). Profit margin: 2.7% (up from 2.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
공고 • Jan 03Forval Telecom,Inc. to Report Q3, 2025 Results on Feb 12, 2025Forval Telecom,Inc. announced that they will report Q3, 2025 results on Feb 12, 2025
분석 기사 • Nov 21Why Forval TelecomInc's (TSE:9445) Earnings Are Better Than They SeemForval Telecom,Inc.'s ( TSE:9445 ) solid earnings announcement recently didn't do much to the stock price. Our analysis...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. 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 (3.8%). Higher than average of industry peers (3.3%).
분석 기사 • Sep 11Why The 35% Return On Capital At Forval TelecomInc (TSE:9445) Should Have Your AttentionIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
공고 • Aug 27Forval Telecom,Inc. to Report Q2, 2025 Results on Nov 13, 2024Forval Telecom,Inc. announced that they will report Q2, 2025 results on Nov 13, 2024
Reported Earnings • Aug 15First quarter 2025 earnings released: EPS: JP¥4.36 (vs JP¥5.97 in 1Q 2024)First quarter 2025 results: EPS: JP¥4.36 (down from JP¥5.97 in 1Q 2024). Revenue: JP¥5.60b (up 7.0% from 1Q 2024). Net income: JP¥73.0m (down 27% from 1Q 2024). Profit margin: 1.3% (down from 1.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
공고 • Jun 28Forval Telecom,Inc. to Report Q1, 2025 Results on Aug 09, 2024Forval Telecom,Inc. announced that they will report Q1, 2025 results on Aug 09, 2024
Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥44.76 (vs JP¥22.58 in FY 2023)Full year 2024 results: EPS: JP¥44.76 (up from JP¥22.58 in FY 2023). Revenue: JP¥23.1b (down 6.6% from FY 2023). Net income: JP¥750.0m (up 98% from FY 2023). Profit margin: 3.2% (up from 1.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • May 17Full year 2024 earnings released: EPS: JP¥44.76 (vs JP¥22.58 in FY 2023)Full year 2024 results: EPS: JP¥44.76 (up from JP¥22.58 in FY 2023). Revenue: JP¥23.1b (down 6.6% from FY 2023). Net income: JP¥750.0m (up 98% from FY 2023). Profit margin: 3.2% (up from 1.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공고 • May 15Forval Telecom,Inc., Annual General Meeting, Jun 20, 2024Forval Telecom,Inc., Annual General Meeting, Jun 20, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%).
공고 • Mar 02Forval Telecom,Inc. to Report Fiscal Year 2024 Results on May 13, 2024Forval Telecom,Inc. announced that they will report fiscal year 2024 results on May 13, 2024
Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥8.36 (vs JP¥6.92 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.36 (up from JP¥6.92 in 3Q 2023). Revenue: JP¥5.75b (down 7.9% from 3Q 2023). Net income: JP¥140.0m (up 21% from 3Q 2023). Profit margin: 2.4% (up from 1.9% in 3Q 2023). The increase in margin was driven by lower expenses. 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 5% per year, which means it is significantly lagging earnings growth.
공고 • Nov 27Forval Telecom,Inc. to Report Q3, 2024 Results on Feb 09, 2024Forval Telecom,Inc. announced that they will report Q3, 2024 results on Feb 09, 2024
Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥16.11 (vs JP¥2.33 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥16.11 (up from JP¥2.33 loss in 2Q 2023). Revenue: JP¥6.14b (flat on 2Q 2023). Net income: JP¥270.0m (up JP¥309.0m from 2Q 2023). Profit margin: 4.4% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥7.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 11 December 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.7%).
공고 • Aug 30Forval Telecom,Inc. to Report Q2, 2024 Results on Nov 10, 2023Forval Telecom,Inc. announced that they will report Q2, 2024 results on Nov 10, 2023
New Risk • Aug 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥5.75b market cap, or US$39.7m).
Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: JP¥5.97 (vs JP¥3.65 in 1Q 2023)First quarter 2024 results: EPS: JP¥5.97 (up from JP¥3.65 in 1Q 2023). Revenue: JP¥5.23b (down 5.4% from 1Q 2023). Net income: JP¥100.0m (up 64% from 1Q 2023). Profit margin: 1.9% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 18Full year 2023 earnings released: EPS: JP¥22.58 (vs JP¥52.00 in FY 2022)Full year 2023 results: EPS: JP¥22.58 (down from JP¥52.00 in FY 2022). Revenue: JP¥24.7b (up 14% from FY 2022). Net income: JP¥378.0m (down 56% from FY 2022). Profit margin: 1.5% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • May 14Forval Telecom,Inc., Annual General Meeting, Jun 22, 2023Forval Telecom,Inc., Annual General Meeting, Jun 22, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 5.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥6.92 (vs JP¥12.82 in 3Q 2022)Third quarter 2023 results: EPS: JP¥6.92 (down from JP¥12.82 in 3Q 2022). Revenue: JP¥6.25b (up 16% from 3Q 2022). Net income: JP¥116.0m (down 46% from 3Q 2022). Profit margin: 1.9% (down from 4.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
공고 • Dec 30Forval Telecom,Inc. to Report Q3, 2023 Results on Feb 10, 2023Forval Telecom,Inc. announced that they will report Q3, 2023 results on Feb 10, 2023
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 1 independent director (6 non-independent directors). Independent Outside Director Yoshiyuki Wada was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Second quarter 2023 earnings released: JP¥2.33 loss per share (vs JP¥11.74 profit in 2Q 2022)Second quarter 2023 results: JP¥2.33 loss per share (down from JP¥11.74 profit in 2Q 2022). Revenue: JP¥6.14b (up 14% from 2Q 2022). Net loss: JP¥39.0m (down 120% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.0%).
공고 • Sep 01Forval Telecom,Inc. to Report Q2, 2023 Results on Nov 10, 2022Forval Telecom,Inc. announced that they will report Q2, 2023 results on Nov 10, 2022
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥3.65 (vs JP¥19.17 in 1Q 2022)First quarter 2023 results: EPS: JP¥3.65 (down from JP¥19.17 in 1Q 2022). Revenue: JP¥5.53b (up 10.0% from 1Q 2022). Net income: JP¥61.0m (down 81% from 1Q 2022). Profit margin: 1.1% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • May 30Forval Telecom,Inc. to Report Q1, 2023 Results on Aug 09, 2022Forval Telecom,Inc. announced that they will report Q1, 2023 results on Aug 09, 2022
공고 • May 18Forval Telecom,Inc., Annual General Meeting, Jun 23, 2022Forval Telecom,Inc., Annual General Meeting, Jun 23, 2022.
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥52.00 (vs JP¥27.32 in FY 2021)Full year 2022 results: EPS: JP¥52.00 (up from JP¥27.32 in FY 2021). Revenue: JP¥21.8b (flat on FY 2021). Net income: JP¥868.0m (up 90% from FY 2021). Profit margin: 4.0% (up from 2.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Outside Director Yoshiyuki Wada was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Apr 08Forval Telecom,Inc. to Report Fiscal Year 2022 Results on May 13, 2022Forval Telecom,Inc. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.3%).
Reported Earnings • Feb 10Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥12.82 (up from JP¥8.03 in 3Q 2021). Revenue: JP¥5.40b (up 1.5% from 3Q 2021). Net income: JP¥214.0m (up 60% from 3Q 2021). Profit margin: 4.0% (up from 2.5% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.
Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS JP¥11.74 (vs JP¥10.84 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥5.39b (down 1.7% from 2Q 2021). Net income: JP¥196.0m (up 8.3% from 2Q 2021). Profit margin: 3.6% (up from 3.3% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (3.2%).
Reported Earnings • Aug 15First quarter 2022 earnings released: EPS JP¥19.17 (vs JP¥4.79 in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥5.03b (down 2.7% from 1Q 2021). Net income: JP¥320.0m (up 300% from 1Q 2021). Profit margin: 6.4% (up from 1.5% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (3.3%).
Is New 90 Day High Low • Mar 11New 90-day high: JP¥376The company is up 2.0% from its price of JP¥370 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 Telecom industry, which is up 9.0% over the same period.
공고 • Mar 04Forval Telecom,Inc. to Report Fiscal Year 2021 Results on May 14, 2021Forval Telecom,Inc. announced that they will report fiscal year 2021 results on May 14, 2021
Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥8.03 (vs JP¥8.75 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.32b (down 2.2% from 3Q 2020). Net income: JP¥134.0m (down 8.2% from 3Q 2020). Profit margin: 2.5% (down from 2.7% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 84% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 03New 90-day high: JP¥340The company is up 6.0% from its price of JP¥320 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is up 5.0% over the same period.
공고 • Nov 29Forval Telecom, Inc. to Report Q3, 2021 Results on Feb 09, 2021Forval Telecom, Inc. announced that they will report Q3, 2021 results on Feb 09, 2021
공고 • Aug 30Forval Telecom, Inc. to Report Q2, 2021 Results on Nov 11, 2020Forval Telecom, Inc. announced that they will report Q2, 2021 results on Nov 11, 2020
공고 • Jun 29Forval Telecom, Inc. to Report Q1, 2021 Results on Aug 12, 2020Forval Telecom, Inc. announced that they will report Q1, 2021 results on Aug 12, 2020