View ValuationZERO 향후 성장Future 기준 점검 1/6ZERO은 연간 수입과 매출이 각각 8.6%와 3.8% 증가할 것으로 예상되고 EPS는 연간 8.9%만큼 증가할 것으로 예상됩니다.핵심 정보8.6%이익 성장률8.88%EPS 성장률Transportation 이익 성장2.3%매출 성장률3.8%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트02 Mar 2026최근 향후 성장 업데이트공시 • Feb 11+ 1 more updateZERO Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending June 30, 2022ZERO Co., Ltd. provided consolidated earnings guidance for the year ending June 30, 2022. For the year, the company expects sales revenue of JPY 95,000 million, operating income of JPY 4,750 million and profit attributable to equity shareholders of the company of JPY 3,200 million or JPY 191.09 per basic share.공시 • May 14+ 1 more updateZERO Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2021ZERO Co., Ltd. provided consolidated earnings guidance for the full year ending June 30, 2021. For the period, the company expected sales revenue of JPY 92,000 million, operating income of JPY 5,500 million, profit attributable to equity shareholders of the company of JPY 3,800 million and basic earnings per share of JPY 226.94.모든 업데이트 보기Recent updatesReported Earnings • May 18Third quarter 2026 earnings released: EPS: JP¥121 (vs JP¥115 in 3Q 2025)Third quarter 2026 results: EPS: JP¥121 (up from JP¥115 in 3Q 2025). Revenue: JP¥46.1b (up 4.6% from 3Q 2025). Net income: JP¥2.05b (up 5.5% from 3Q 2025). Profit margin: 4.5% (up from 4.4% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Mar 14First half dividend of JP¥84.30 announcedShareholders will receive a dividend of JP¥84.30. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 16Second quarter 2026 earnings released: EPS: JP¥76.03 (vs JP¥95.57 in 2Q 2025)Second quarter 2026 results: EPS: JP¥76.03 (down from JP¥95.57 in 2Q 2025). Revenue: JP¥30.4b (down 12% from 2Q 2025). Net income: JP¥1.29b (down 20% from 2Q 2025). Profit margin: 4.2% (down from 4.7% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change).분석 기사 • Dec 25ZERO's (TSE:9028) Dividend Will Be ¥56.00ZERO Co., Ltd.'s ( TSE:9028 ) investors are due to receive a payment of ¥56.00 per share on 16th of March. This makes...Upcoming Dividend • Dec 22Upcoming dividend of JP¥56.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 March 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).분석 기사 • Dec 15ZERO Co., Ltd. (TSE:9028) Stock Catapults 26% Though Its Price And Business Still Lag The MarketZERO Co., Ltd. ( TSE:9028 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand. The...공시 • Nov 29ZERO Co., Ltd. to Report Q2, 2026 Results on Feb 12, 2026ZERO Co., Ltd. announced that they will report Q2, 2026 results on Feb 12, 2026분석 기사 • Nov 22ZERO's (TSE:9028) Dividend Will Be ¥56.00The board of ZERO Co., Ltd. ( TSE:9028 ) has announced that it will pay a dividend on the 16th of March, with investors...분석 기사 • Nov 20Statutory Profit Doesn't Reflect How Good ZERO's (TSE:9028) Earnings AreEven though ZERO Co., Ltd.'s ( TSE:9028 ) recent earnings release was robust, the market didn't seem to notice...Reported Earnings • Nov 17First quarter 2026 earnings released: EPS: JP¥103 (vs JP¥112 in 1Q 2025)First quarter 2026 results: EPS: JP¥103 (down from JP¥112 in 1Q 2025). Revenue: JP¥35.5b (up 3.3% from 1Q 2025). Net income: JP¥1.75b (down 7.4% from 1Q 2025). Profit margin: 4.9% (down from 5.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 36% per year.분석 기사 • Oct 06ZERO (TSE:9028) Has Announced A Dividend Of ¥56.00ZERO Co., Ltd. ( TSE:9028 ) has announced that it will pay a dividend of ¥56.00 per share on the 16th of March. This...Declared Dividend • Oct 06Final dividend of JP¥56.00 announcedShareholders will receive a dividend of JP¥56.00. Ex-date: 29th December 2025 Payment date: 16th March 2026 Dividend yield will be 4.9%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 04Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥424 (up from JP¥246 in FY 2024). Revenue: JP¥147.8b (up 5.0% from FY 2024). Net income: JP¥7.18b (up 73% from FY 2024). Profit margin: 4.9% (up from 2.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 01ZERO Co., Ltd. to Report Q1, 2026 Results on Nov 13, 2025ZERO Co., Ltd. announced that they will report Q1, 2026 results on Nov 13, 2025Reported Earnings • Aug 08Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥424 (up from JP¥246 in FY 2024). Revenue: JP¥147.8b (up 5.0% from FY 2024). Net income: JP¥7.18b (up 73% from FY 2024). Profit margin: 4.9% (up from 2.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 07ZERO Co., Ltd., Annual General Meeting, Sep 26, 2025ZERO Co., Ltd., Annual General Meeting, Sep 26, 2025.분석 기사 • Jun 21ZERO (TSE:9028) Will Pay A Larger Dividend Than Last Year At ¥95.40ZERO Co., Ltd. ( TSE:9028 ) will increase its dividend from last year's comparable payment on the 27th of September to...Upcoming Dividend • Jun 20Upcoming dividend of JP¥95.40 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 27 September 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.0%).공시 • Jun 03ZERO Co., Ltd. to Report Fiscal Year 2025 Results on Aug 07, 2025ZERO Co., Ltd. announced that they will report fiscal year 2025 results on Aug 07, 2025Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥115 (vs JP¥88.63 in 3Q 2024)Third quarter 2025 results: EPS: JP¥115 (up from JP¥88.63 in 3Q 2024). Revenue: JP¥44.1b (up 7.0% from 3Q 2024). Net income: JP¥1.95b (up 30% from 3Q 2024). Profit margin: 4.4% (up from 3.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • May 20ZERO's (TSE:9028) Shareholders Will Receive A Bigger Dividend Than Last YearZERO Co., Ltd. ( TSE:9028 ) has announced that it will be increasing its dividend from last year's comparable payment...New Risk • May 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change).New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,310, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Transportation industry in Japan. Total returns to shareholders of 157% over the past three years.분석 기사 • Apr 06ZERO (TSE:9028) Knows How To Allocate Capital EffectivelyIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...분석 기사 • Mar 16ZERO's (TSE:9028) Shareholders Will Receive A Bigger Dividend Than Last YearZERO Co., Ltd.'s ( TSE:9028 ) dividend will be increasing from last year's payment of the same period to ¥64.40 on 27th...Declared Dividend • Mar 15First half dividend of JP¥64.40 announcedShareholders will receive a dividend of JP¥64.40. Ex-date: 27th June 2025 Payment date: 27th September 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Mar 01ZERO Co., Ltd. to Report Q3, 2025 Results on May 15, 2025ZERO Co., Ltd. announced that they will report Q3, 2025 results on May 15, 2025Reported Earnings • Feb 15Second quarter 2025 earnings released: EPS: JP¥95.57 (vs JP¥44.46 in 2Q 2024)Second quarter 2025 results: EPS: JP¥95.57 (up from JP¥44.46 in 2Q 2024). Revenue: JP¥34.6b (up 5.8% from 2Q 2024). Net income: JP¥1.62b (up 115% from 2Q 2024). Profit margin: 4.7% (up from 2.3% in 2Q 2024). 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 increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Dec 20Upcoming dividend of JP¥43.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 11 March 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).분석 기사 • Dec 04ZERO (TSE:9028) Has Announced A Dividend Of ¥43.00ZERO Co., Ltd. ( TSE:9028 ) has announced that it will pay a dividend of ¥43.00 per share on the 11th of March. This...공시 • Dec 03ZERO Co., Ltd. to Report Q2, 2025 Results on Feb 13, 2025ZERO Co., Ltd. announced that they will report Q2, 2025 results on Feb 13, 2025Reported Earnings • Nov 09First quarter 2025 earnings released: EPS: JP¥112 (vs JP¥42.01 in 1Q 2024)First quarter 2025 results: EPS: JP¥112 (up from JP¥42.01 in 1Q 2024). Revenue: JP¥34.3b (up 8.3% from 1Q 2024). Net income: JP¥1.89b (up 166% from 1Q 2024). Profit margin: 5.5% (up from 2.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,720, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 12x in the Transportation industry in Japan. Total returns to shareholders of 177% over the past three years.분석 기사 • Oct 23ZERO's (TSE:9028) Dividend Will Be ¥43.00ZERO Co., Ltd.'s ( TSE:9028 ) investors are due to receive a payment of ¥43.00 per share on 11th of March. This takes...Declared Dividend • Oct 10Final dividend of JP¥43.00 announcedShareholders will receive a dividend of JP¥43.00. Ex-date: 27th December 2024 Payment date: 11th March 2025 Dividend yield will be 3.7%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥246 (vs JP¥204 in FY 2023)Full year 2024 results: EPS: JP¥246 (up from JP¥204 in FY 2023). Revenue: JP¥140.8b (up 5.9% from FY 2023). Net income: JP¥4.15b (up 21% from FY 2023). Profit margin: 2.9% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 27ZERO Co., Ltd. to Report Q1, 2025 Results on Nov 07, 2024ZERO Co., Ltd. announced that they will report Q1, 2025 results on Nov 07, 2024공시 • Aug 08ZERO Co., Ltd., Annual General Meeting, Sep 26, 2024ZERO Co., Ltd., Annual General Meeting, Sep 26, 2024.New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥1,379, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 12x in the Transportation industry in Japan. Total returns to shareholders of 24% over the past three years.분석 기사 • Jun 26ZERO (TSE:9028) Will Pay A Larger Dividend Than Last Year At ¥39.80ZERO Co., Ltd.'s ( TSE:9028 ) dividend will be increasing from last year's payment of the same period to ¥39.80 on 28th...Upcoming Dividend • Jun 20Upcoming dividend of JP¥39.80 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%).분석 기사 • Jun 05ZERO's (TSE:9028) Upcoming Dividend Will Be Larger Than Last Year'sZERO Co., Ltd.'s ( TSE:9028 ) dividend will be increasing from last year's payment of the same period to ¥39.80 on 28th...공시 • Jun 05ZERO Co., Ltd. to Report Fiscal Year 2024 Results on Aug 08, 2024ZERO Co., Ltd. announced that they will report fiscal year 2024 results on Aug 08, 2024분석 기사 • May 21ZERO (TSE:9028) Is Increasing Its Dividend To ¥39.80ZERO Co., Ltd.'s ( TSE:9028 ) periodic dividend will be increasing on the 28th of September to ¥39.80, with investors...Reported Earnings • May 11Third quarter 2024 earnings released: EPS: JP¥88.09 (vs JP¥61.76 in 3Q 2023)Third quarter 2024 results: EPS: JP¥88.09 (up from JP¥61.76 in 3Q 2023). Revenue: JP¥41.2b (up 12% from 3Q 2023). Net income: JP¥1.49b (up 43% from 3Q 2023). Profit margin: 3.6% (up from 2.8% in 3Q 2023). 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 but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 10+ 1 more updateZERO Co., Ltd. Revises Dividend Guidance for the Year Ended 2024ZERO Co., Ltd. revised to pay dividend of JPY 39.80 per share for the year ended 2024 compared to JPY 36.00 per share paid a year ago.공시 • Feb 28ZERO Co., Ltd. to Report Q3, 2024 Results on May 09, 2024ZERO Co., Ltd. announced that they will report Q3, 2024 results on May 09, 2024Reported Earnings • Feb 10Second quarter 2024 earnings released: EPS: JP¥44.99 (vs JP¥38.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥44.99 (up from JP¥38.36 in 2Q 2023). Revenue: JP¥32.7b (up 7.5% from 2Q 2023). Net income: JP¥760.0m (up 18% from 2Q 2023). Profit margin: 2.3% (up from 2.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of JP¥15.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 11 March 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.3%).공시 • Nov 27ZERO Co., Ltd. to Report Q2, 2024 Results on Feb 08, 2024ZERO Co., Ltd. announced that they will report Q2, 2024 results on Feb 08, 2024Reported Earnings • Nov 10First quarter 2024 earnings released: EPS: JP¥42.01 (vs JP¥48.11 in 1Q 2023)First quarter 2024 results: EPS: JP¥42.01 (down from JP¥48.11 in 1Q 2023). Revenue: JP¥31.7b (down 6.3% from 1Q 2023). Net income: JP¥709.0m (down 13% from 1Q 2023). Profit margin: 2.2% (down from 2.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 01ZERO Co., Ltd. to Report Q1, 2024 Results on Nov 09, 2023ZERO Co., Ltd. announced that they will report Q1, 2024 results on Nov 09, 2023Reported Earnings • Aug 12Full year 2023 earnings released: EPS: JP¥204 (vs JP¥151 in FY 2022)Full year 2023 results: EPS: JP¥204 (up from JP¥151 in FY 2022). Revenue: JP¥132.9b (up 24% from FY 2022). Net income: JP¥3.44b (up 36% from FY 2022). Profit margin: 2.6% (up from 2.4% 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 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 12+ 2 more updatesZERO Co., Ltd. Announces Dividend for the Year End of Fiscal Year 2023, Payable on September 28, 2023 and Provides Dividend Guidance for the Year End of Fiscal Year 2024ZERO Co., Ltd. announced the dividend of JPY 36.00 per share for the year end of fiscal year 2023, payable on September 28, 2023 against JPY 22.70 per share a year ago.Provided dividend guidance for the year end of fiscal year 2024. For the year, the company expects dividend of JPY 36.90 per share against JPY 36.00 per share a year ago.공시 • Aug 11ZERO Co., Ltd., Annual General Meeting, Sep 27, 2023ZERO Co., Ltd., Annual General Meeting, Sep 27, 2023.Upcoming Dividend • Jun 22Upcoming dividend of JP¥25.80 per share at 3.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.2%).공시 • Jun 03ZERO Co., Ltd. to Report Q4, 2023 Results on Aug 10, 2023ZERO Co., Ltd. announced that they will report Q4, 2023 results on Aug 10, 2023Reported Earnings • May 16Third quarter 2023 earnings released: EPS: JP¥61.81 (vs JP¥64.51 in 3Q 2022)Third quarter 2023 results: EPS: JP¥61.81 (down from JP¥64.51 in 3Q 2022). Revenue: JP¥36.8b (up 22% from 3Q 2022). Net income: JP¥1.04b (down 3.8% from 3Q 2022). Profit margin: 2.8% (down from 3.6% 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 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 12Second quarter 2023 earnings released: EPS: JP¥38.42 (vs JP¥25.53 in 2Q 2022)Second quarter 2023 results: EPS: JP¥38.42 (up from JP¥25.53 in 2Q 2022). Revenue: JP¥30.5b (up 23% from 2Q 2022). Net income: JP¥647.0m (up 51% from 2Q 2022). Profit margin: 2.1% (up from 1.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year.Upcoming Dividend • Dec 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 March 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).공시 • Nov 27ZERO Co., Ltd. to Report Q2, 2023 Results on Feb 09, 2023ZERO Co., Ltd. announced that they will report Q2, 2023 results on Feb 09, 2023Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. No independent directors (10 non-independent directors). Standing Corporate Auditor Tomoyuki Shioya was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12First quarter 2023 earnings released: EPS: JP¥48.11 (vs JP¥23.33 in 1Q 2022)First quarter 2023 results: EPS: JP¥48.11 (up from JP¥23.33 in 1Q 2022). Revenue: JP¥33.8b (up 56% from 1Q 2022). Net income: JP¥810.0m (up 107% from 1Q 2022). Profit margin: 2.4% (up from 1.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.공시 • Nov 11+ 2 more updatesZERO Co., Ltd. Provides Dividend Guidance for the Second Quarter of Fiscal 2023ZERO Co., Ltd. provides dividend guidance for the second quarter of fiscal 2023. For the quarter, the company expects dividend to be ¥15.00 per share against ¥15.00 per share a year ago.공시 • Sep 01ZERO Co., Ltd. to Report Q1, 2023 Results on Nov 10, 2022ZERO Co., Ltd. announced that they will report Q1, 2023 results on Nov 10, 2022공시 • Aug 12ZERO Co., Ltd., Annual General Meeting, Sep 28, 2022ZERO Co., Ltd., Annual General Meeting, Sep 28, 2022.Reported Earnings • Aug 12Full year 2022 earnings released: EPS: JP¥151 (vs JP¥217 in FY 2021)Full year 2022 results: EPS: JP¥151 (down from JP¥217 in FY 2021). Revenue: JP¥107.0b (up 16% from FY 2021). Net income: JP¥2.54b (down 30% from FY 2021). Profit margin: 2.4% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.공시 • Aug 11+ 2 more updatesZero Co., Ltd. Declares Dividend for the Fiscal Year Ended June 30, 2022, Payable on September 29, 2022ZERO Co., Ltd. declared dividend of JPY 22.70 per share for the fiscal year ended June 30, 2022, as compared to JPY 39.10 per share paid a year ago. Scheduled date to commence dividend payments on September 29, 2022.Upcoming Dividend • Jun 22Upcoming dividend of JP¥25.20 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).공시 • Jun 09ZERO Co., Ltd. announced that it has received ¥100 million in fundingZERO Co., Ltd. announced that it has received ¥100 million in a round of funding on June 8, 2022. The transaction included participation from individual investors.공시 • Jun 03ZERO Co., Ltd. to Report Fiscal Year 2022 Results on Aug 10, 2022ZERO Co., Ltd. announced that they will report fiscal year 2022 results on Aug 10, 2022Reported Earnings • May 16Third quarter 2022 earnings released: EPS: JP¥64.50 (vs JP¥67.49 in 3Q 2021)Third quarter 2022 results: EPS: JP¥64.50 (down from JP¥67.49 in 3Q 2021). Revenue: JP¥30.1b (up 20% from 3Q 2021). Net income: JP¥1.08b (down 4.1% from 3Q 2021). Profit margin: 3.6% (down from 4.5% in 3Q 2021). 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 8% per year.Board Change • Apr 27No independent directorsThere 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. 6 experienced directors. 5 highly experienced directors. No independent directors (10 non-independent directors). Standing Corporate Auditor Tomoyuki Shioya was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Apr 08ZERO Co., Ltd. to Report Q3, 2022 Results on May 12, 2022ZERO Co., Ltd. announced that they will report Q3, 2022 results on May 12, 2022Reported Earnings • Feb 12Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥25.59 (down from JP¥40.19 in 2Q 2021). Revenue: JP¥24.8b (up 11% from 2Q 2021). Net income: JP¥430.0m (down 36% from 2Q 2021). Profit margin: 1.7% (down from 3.0% in 2Q 2021). The decrease in margin was driven by higher expenses. 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 8% per year, which means it is significantly lagging earnings growth.공시 • Feb 11+ 1 more updateZERO Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending June 30, 2022ZERO Co., Ltd. provided consolidated earnings guidance for the year ending June 30, 2022. For the year, the company expects sales revenue of JPY 95,000 million, operating income of JPY 4,750 million and profit attributable to equity shareholders of the company of JPY 3,200 million or JPY 191.09 per basic share.Upcoming Dividend • Dec 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 March 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.3%).Reported Earnings • Nov 12First quarter 2022 earnings released: EPS JP¥23.33 (vs JP¥65.76 in 1Q 2021)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥21.6b (flat on 1Q 2021). Net income: JP¥392.0m (down 64% from 1Q 2021). Profit margin: 1.8% (down from 5.1% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 05Full year 2021 earnings released: EPS JP¥217 (vs JP¥142 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥92.2b (up 3.0% from FY 2020). Net income: JP¥3.63b (up 53% from FY 2020). Profit margin: 3.9% (up from 2.7% in FY 2020). 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 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 06Full year 2021 earnings released: EPS JP¥217 (vs JP¥142 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥92.2b (up 3.0% from FY 2020). Net income: JP¥3.63b (up 53% from FY 2020). Profit margin: 3.9% (up from 2.7% in FY 2020). 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 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥1,241, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 12x in the Transportation industry in Japan. Total returns to shareholders of 25% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of JP¥41.70 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 30 September 2021. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).Reported Earnings • May 15Third quarter 2021 earnings released: EPS JP¥67.54 (vs JP¥55.56 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥25.2b (down 1.4% from 3Q 2020). Net income: JP¥1.13b (up 22% from 3Q 2020). Profit margin: 4.5% (up from 3.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • May 14+ 1 more updateZERO Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2021ZERO Co., Ltd. provided consolidated earnings guidance for the full year ending June 30, 2021. For the period, the company expected sales revenue of JPY 92,000 million, operating income of JPY 5,500 million, profit attributable to equity shareholders of the company of JPY 3,800 million and basic earnings per share of JPY 226.94.Is New 90 Day High Low • Mar 01New 90-day high: JP¥1,051The company is up 8.0% from its price of JP¥972 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Transportation industry, which is up 12% over the same period.공시 • Feb 28ZERO Co., Ltd. to Report Q3, 2021 Results on May 13, 2021ZERO Co., Ltd. announced that they will report Q3, 2021 results on May 13, 2021Reported Earnings • Feb 12Second quarter 2021 earnings released: EPS JP¥40.19 (vs JP¥32.54 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥22.3b (down 4.3% from 2Q 2020). Net income: JP¥673.0m (up 24% from 2Q 2020). Profit margin: 3.0% (up from 2.3% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.이익 및 매출 성장 예측TSE:9028 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/2028161,0008,260N/A12,16016/30/2027156,0007,840N/A11,84016/30/2026151,0007,060N/A11,06013/31/2026146,7456,8188,48011,817N/A12/31/2025144,7286,71111,87414,987N/A9/30/2025148,9847,03910,77113,948N/A6/30/2025147,8437,1799,94112,857N/A3/31/2025148,2046,6439,50712,489N/A12/31/2024145,3076,1959,60212,712N/A9/30/2024143,3945,3287,75410,741N/A6/30/2024140,7514,1508,44711,233N/A3/31/2024137,3793,8965,1217,984N/A12/31/2023133,0143,4405,0547,540N/A9/30/2023130,7433,3368,22110,479N/A6/30/2023132,8613,4376,5868,778N/A3/31/2023131,5743,1293,9886,402N/A12/31/2022124,8683,1709773,723N/A9/30/2022119,2362,953-2532,614N/A6/30/2022107,0452,5351,2643,954N/A3/31/202299,7472,6271,4193,994N/A12/31/202194,8272,6743,8536,773N/A9/30/202192,3352,9176,0489,056N/A6/30/202192,1713,6265,5378,594N/A3/31/202186,6393,0056,4839,221N/A12/31/202087,0102,8016,1248,359N/A9/30/202088,0022,6724,3116,395N/A6/30/202089,5012,3744,5446,538N/A3/31/202095,0933,0442,9715,174N/A12/31/201993,3083,050N/A4,652N/A9/30/201992,2202,438N/A3,135N/A6/30/201990,2281,658N/A1,033N/A3/31/201988,7241,384N/A304N/A12/31/201885,9961,112N/A564N/A9/30/201882,9671,493N/A1,670N/A6/30/201881,3762,129N/A3,015N/A3/31/201879,3552,287N/A3,860N/A12/31/201779,6052,832N/A4,640N/A9/30/201779,9543,426N/A4,531N/A6/30/201779,1343,455N/A3,391N/A3/31/201777,9693,352N/AN/AN/A12/31/201677,3063,412N/A4,536N/A9/30/201677,0463,265N/AN/AN/A6/30/201677,8293,455N/A5,050N/A3/31/201680,8933,382N/AN/AN/A12/31/201580,7002,856N/A2,982N/A9/30/201579,4332,499N/AN/AN/A6/30/201577,2471,878N/A2,003N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 9028 의 연간 예상 수익 증가율(8.6%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 9028 의 연간 수익(8.6%)이 JP 시장(8.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 9028 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 9028 의 수익(연간 3.8%)이 JP 시장(연간 5.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 9028 의 수익(연간 3.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 9028의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YTransportation 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 10:35종가2026/05/22 00:00수익2026/03/31연간 수익2025/06/30데이터 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 소스ZERO Co., Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yumiko KaiIchiyoshi Research Institute Inc.
공시 • Feb 11+ 1 more updateZERO Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending June 30, 2022ZERO Co., Ltd. provided consolidated earnings guidance for the year ending June 30, 2022. For the year, the company expects sales revenue of JPY 95,000 million, operating income of JPY 4,750 million and profit attributable to equity shareholders of the company of JPY 3,200 million or JPY 191.09 per basic share.
공시 • May 14+ 1 more updateZERO Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2021ZERO Co., Ltd. provided consolidated earnings guidance for the full year ending June 30, 2021. For the period, the company expected sales revenue of JPY 92,000 million, operating income of JPY 5,500 million, profit attributable to equity shareholders of the company of JPY 3,800 million and basic earnings per share of JPY 226.94.
Reported Earnings • May 18Third quarter 2026 earnings released: EPS: JP¥121 (vs JP¥115 in 3Q 2025)Third quarter 2026 results: EPS: JP¥121 (up from JP¥115 in 3Q 2025). Revenue: JP¥46.1b (up 4.6% from 3Q 2025). Net income: JP¥2.05b (up 5.5% from 3Q 2025). Profit margin: 4.5% (up from 4.4% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Mar 14First half dividend of JP¥84.30 announcedShareholders will receive a dividend of JP¥84.30. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 16Second quarter 2026 earnings released: EPS: JP¥76.03 (vs JP¥95.57 in 2Q 2025)Second quarter 2026 results: EPS: JP¥76.03 (down from JP¥95.57 in 2Q 2025). Revenue: JP¥30.4b (down 12% from 2Q 2025). Net income: JP¥1.29b (down 20% from 2Q 2025). Profit margin: 4.2% (down from 4.7% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change).
분석 기사 • Dec 25ZERO's (TSE:9028) Dividend Will Be ¥56.00ZERO Co., Ltd.'s ( TSE:9028 ) investors are due to receive a payment of ¥56.00 per share on 16th of March. This makes...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥56.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 March 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
분석 기사 • Dec 15ZERO Co., Ltd. (TSE:9028) Stock Catapults 26% Though Its Price And Business Still Lag The MarketZERO Co., Ltd. ( TSE:9028 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand. The...
공시 • Nov 29ZERO Co., Ltd. to Report Q2, 2026 Results on Feb 12, 2026ZERO Co., Ltd. announced that they will report Q2, 2026 results on Feb 12, 2026
분석 기사 • Nov 22ZERO's (TSE:9028) Dividend Will Be ¥56.00The board of ZERO Co., Ltd. ( TSE:9028 ) has announced that it will pay a dividend on the 16th of March, with investors...
분석 기사 • Nov 20Statutory Profit Doesn't Reflect How Good ZERO's (TSE:9028) Earnings AreEven though ZERO Co., Ltd.'s ( TSE:9028 ) recent earnings release was robust, the market didn't seem to notice...
Reported Earnings • Nov 17First quarter 2026 earnings released: EPS: JP¥103 (vs JP¥112 in 1Q 2025)First quarter 2026 results: EPS: JP¥103 (down from JP¥112 in 1Q 2025). Revenue: JP¥35.5b (up 3.3% from 1Q 2025). Net income: JP¥1.75b (down 7.4% from 1Q 2025). Profit margin: 4.9% (down from 5.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 36% per year.
분석 기사 • Oct 06ZERO (TSE:9028) Has Announced A Dividend Of ¥56.00ZERO Co., Ltd. ( TSE:9028 ) has announced that it will pay a dividend of ¥56.00 per share on the 16th of March. This...
Declared Dividend • Oct 06Final dividend of JP¥56.00 announcedShareholders will receive a dividend of JP¥56.00. Ex-date: 29th December 2025 Payment date: 16th March 2026 Dividend yield will be 4.9%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 04Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥424 (up from JP¥246 in FY 2024). Revenue: JP¥147.8b (up 5.0% from FY 2024). Net income: JP¥7.18b (up 73% from FY 2024). Profit margin: 4.9% (up from 2.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 01ZERO Co., Ltd. to Report Q1, 2026 Results on Nov 13, 2025ZERO Co., Ltd. announced that they will report Q1, 2026 results on Nov 13, 2025
Reported Earnings • Aug 08Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: JP¥424 (up from JP¥246 in FY 2024). Revenue: JP¥147.8b (up 5.0% from FY 2024). Net income: JP¥7.18b (up 73% from FY 2024). Profit margin: 4.9% (up from 2.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 07ZERO Co., Ltd., Annual General Meeting, Sep 26, 2025ZERO Co., Ltd., Annual General Meeting, Sep 26, 2025.
분석 기사 • Jun 21ZERO (TSE:9028) Will Pay A Larger Dividend Than Last Year At ¥95.40ZERO Co., Ltd. ( TSE:9028 ) will increase its dividend from last year's comparable payment on the 27th of September to...
Upcoming Dividend • Jun 20Upcoming dividend of JP¥95.40 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 27 September 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.0%).
공시 • Jun 03ZERO Co., Ltd. to Report Fiscal Year 2025 Results on Aug 07, 2025ZERO Co., Ltd. announced that they will report fiscal year 2025 results on Aug 07, 2025
Reported Earnings • May 20Third quarter 2025 earnings released: EPS: JP¥115 (vs JP¥88.63 in 3Q 2024)Third quarter 2025 results: EPS: JP¥115 (up from JP¥88.63 in 3Q 2024). Revenue: JP¥44.1b (up 7.0% from 3Q 2024). Net income: JP¥1.95b (up 30% from 3Q 2024). Profit margin: 4.4% (up from 3.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Transportation industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • May 20ZERO's (TSE:9028) Shareholders Will Receive A Bigger Dividend Than Last YearZERO Co., Ltd. ( TSE:9028 ) has announced that it will be increasing its dividend from last year's comparable payment...
New Risk • May 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change).
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,310, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Transportation industry in Japan. Total returns to shareholders of 157% over the past three years.
분석 기사 • Apr 06ZERO (TSE:9028) Knows How To Allocate Capital EffectivelyIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
분석 기사 • Mar 16ZERO's (TSE:9028) Shareholders Will Receive A Bigger Dividend Than Last YearZERO Co., Ltd.'s ( TSE:9028 ) dividend will be increasing from last year's payment of the same period to ¥64.40 on 27th...
Declared Dividend • Mar 15First half dividend of JP¥64.40 announcedShareholders will receive a dividend of JP¥64.40. Ex-date: 27th June 2025 Payment date: 27th September 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Mar 01ZERO Co., Ltd. to Report Q3, 2025 Results on May 15, 2025ZERO Co., Ltd. announced that they will report Q3, 2025 results on May 15, 2025
Reported Earnings • Feb 15Second quarter 2025 earnings released: EPS: JP¥95.57 (vs JP¥44.46 in 2Q 2024)Second quarter 2025 results: EPS: JP¥95.57 (up from JP¥44.46 in 2Q 2024). Revenue: JP¥34.6b (up 5.8% from 2Q 2024). Net income: JP¥1.62b (up 115% from 2Q 2024). Profit margin: 4.7% (up from 2.3% in 2Q 2024). 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 increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥43.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 11 March 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).
분석 기사 • Dec 04ZERO (TSE:9028) Has Announced A Dividend Of ¥43.00ZERO Co., Ltd. ( TSE:9028 ) has announced that it will pay a dividend of ¥43.00 per share on the 11th of March. This...
공시 • Dec 03ZERO Co., Ltd. to Report Q2, 2025 Results on Feb 13, 2025ZERO Co., Ltd. announced that they will report Q2, 2025 results on Feb 13, 2025
Reported Earnings • Nov 09First quarter 2025 earnings released: EPS: JP¥112 (vs JP¥42.01 in 1Q 2024)First quarter 2025 results: EPS: JP¥112 (up from JP¥42.01 in 1Q 2024). Revenue: JP¥34.3b (up 8.3% from 1Q 2024). Net income: JP¥1.89b (up 166% from 1Q 2024). Profit margin: 5.5% (up from 2.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥2,720, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 12x in the Transportation industry in Japan. Total returns to shareholders of 177% over the past three years.
분석 기사 • Oct 23ZERO's (TSE:9028) Dividend Will Be ¥43.00ZERO Co., Ltd.'s ( TSE:9028 ) investors are due to receive a payment of ¥43.00 per share on 11th of March. This takes...
Declared Dividend • Oct 10Final dividend of JP¥43.00 announcedShareholders will receive a dividend of JP¥43.00. Ex-date: 27th December 2024 Payment date: 11th March 2025 Dividend yield will be 3.7%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥246 (vs JP¥204 in FY 2023)Full year 2024 results: EPS: JP¥246 (up from JP¥204 in FY 2023). Revenue: JP¥140.8b (up 5.9% from FY 2023). Net income: JP¥4.15b (up 21% from FY 2023). Profit margin: 2.9% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 27ZERO Co., Ltd. to Report Q1, 2025 Results on Nov 07, 2024ZERO Co., Ltd. announced that they will report Q1, 2025 results on Nov 07, 2024
공시 • Aug 08ZERO Co., Ltd., Annual General Meeting, Sep 26, 2024ZERO Co., Ltd., Annual General Meeting, Sep 26, 2024.
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to JP¥1,379, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 12x in the Transportation industry in Japan. Total returns to shareholders of 24% over the past three years.
분석 기사 • Jun 26ZERO (TSE:9028) Will Pay A Larger Dividend Than Last Year At ¥39.80ZERO Co., Ltd.'s ( TSE:9028 ) dividend will be increasing from last year's payment of the same period to ¥39.80 on 28th...
Upcoming Dividend • Jun 20Upcoming dividend of JP¥39.80 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%).
분석 기사 • Jun 05ZERO's (TSE:9028) Upcoming Dividend Will Be Larger Than Last Year'sZERO Co., Ltd.'s ( TSE:9028 ) dividend will be increasing from last year's payment of the same period to ¥39.80 on 28th...
공시 • Jun 05ZERO Co., Ltd. to Report Fiscal Year 2024 Results on Aug 08, 2024ZERO Co., Ltd. announced that they will report fiscal year 2024 results on Aug 08, 2024
분석 기사 • May 21ZERO (TSE:9028) Is Increasing Its Dividend To ¥39.80ZERO Co., Ltd.'s ( TSE:9028 ) periodic dividend will be increasing on the 28th of September to ¥39.80, with investors...
Reported Earnings • May 11Third quarter 2024 earnings released: EPS: JP¥88.09 (vs JP¥61.76 in 3Q 2023)Third quarter 2024 results: EPS: JP¥88.09 (up from JP¥61.76 in 3Q 2023). Revenue: JP¥41.2b (up 12% from 3Q 2023). Net income: JP¥1.49b (up 43% from 3Q 2023). Profit margin: 3.6% (up from 2.8% in 3Q 2023). 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 but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 10+ 1 more updateZERO Co., Ltd. Revises Dividend Guidance for the Year Ended 2024ZERO Co., Ltd. revised to pay dividend of JPY 39.80 per share for the year ended 2024 compared to JPY 36.00 per share paid a year ago.
공시 • Feb 28ZERO Co., Ltd. to Report Q3, 2024 Results on May 09, 2024ZERO Co., Ltd. announced that they will report Q3, 2024 results on May 09, 2024
Reported Earnings • Feb 10Second quarter 2024 earnings released: EPS: JP¥44.99 (vs JP¥38.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥44.99 (up from JP¥38.36 in 2Q 2023). Revenue: JP¥32.7b (up 7.5% from 2Q 2023). Net income: JP¥760.0m (up 18% from 2Q 2023). Profit margin: 2.3% (up from 2.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥15.00 per share at 3.9% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 11 March 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.3%).
공시 • Nov 27ZERO Co., Ltd. to Report Q2, 2024 Results on Feb 08, 2024ZERO Co., Ltd. announced that they will report Q2, 2024 results on Feb 08, 2024
Reported Earnings • Nov 10First quarter 2024 earnings released: EPS: JP¥42.01 (vs JP¥48.11 in 1Q 2023)First quarter 2024 results: EPS: JP¥42.01 (down from JP¥48.11 in 1Q 2023). Revenue: JP¥31.7b (down 6.3% from 1Q 2023). Net income: JP¥709.0m (down 13% from 1Q 2023). Profit margin: 2.2% (down from 2.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 01ZERO Co., Ltd. to Report Q1, 2024 Results on Nov 09, 2023ZERO Co., Ltd. announced that they will report Q1, 2024 results on Nov 09, 2023
Reported Earnings • Aug 12Full year 2023 earnings released: EPS: JP¥204 (vs JP¥151 in FY 2022)Full year 2023 results: EPS: JP¥204 (up from JP¥151 in FY 2022). Revenue: JP¥132.9b (up 24% from FY 2022). Net income: JP¥3.44b (up 36% from FY 2022). Profit margin: 2.6% (up from 2.4% 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 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 12+ 2 more updatesZERO Co., Ltd. Announces Dividend for the Year End of Fiscal Year 2023, Payable on September 28, 2023 and Provides Dividend Guidance for the Year End of Fiscal Year 2024ZERO Co., Ltd. announced the dividend of JPY 36.00 per share for the year end of fiscal year 2023, payable on September 28, 2023 against JPY 22.70 per share a year ago.Provided dividend guidance for the year end of fiscal year 2024. For the year, the company expects dividend of JPY 36.90 per share against JPY 36.00 per share a year ago.
공시 • Aug 11ZERO Co., Ltd., Annual General Meeting, Sep 27, 2023ZERO Co., Ltd., Annual General Meeting, Sep 27, 2023.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥25.80 per share at 3.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.2%).
공시 • Jun 03ZERO Co., Ltd. to Report Q4, 2023 Results on Aug 10, 2023ZERO Co., Ltd. announced that they will report Q4, 2023 results on Aug 10, 2023
Reported Earnings • May 16Third quarter 2023 earnings released: EPS: JP¥61.81 (vs JP¥64.51 in 3Q 2022)Third quarter 2023 results: EPS: JP¥61.81 (down from JP¥64.51 in 3Q 2022). Revenue: JP¥36.8b (up 22% from 3Q 2022). Net income: JP¥1.04b (down 3.8% from 3Q 2022). Profit margin: 2.8% (down from 3.6% 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 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 12Second quarter 2023 earnings released: EPS: JP¥38.42 (vs JP¥25.53 in 2Q 2022)Second quarter 2023 results: EPS: JP¥38.42 (up from JP¥25.53 in 2Q 2022). Revenue: JP¥30.5b (up 23% from 2Q 2022). Net income: JP¥647.0m (up 51% from 2Q 2022). Profit margin: 2.1% (up from 1.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 March 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).
공시 • Nov 27ZERO Co., Ltd. to Report Q2, 2023 Results on Feb 09, 2023ZERO Co., Ltd. announced that they will report Q2, 2023 results on Feb 09, 2023
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. No independent directors (10 non-independent directors). Standing Corporate Auditor Tomoyuki Shioya was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12First quarter 2023 earnings released: EPS: JP¥48.11 (vs JP¥23.33 in 1Q 2022)First quarter 2023 results: EPS: JP¥48.11 (up from JP¥23.33 in 1Q 2022). Revenue: JP¥33.8b (up 56% from 1Q 2022). Net income: JP¥810.0m (up 107% from 1Q 2022). Profit margin: 2.4% (up from 1.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.
공시 • Nov 11+ 2 more updatesZERO Co., Ltd. Provides Dividend Guidance for the Second Quarter of Fiscal 2023ZERO Co., Ltd. provides dividend guidance for the second quarter of fiscal 2023. For the quarter, the company expects dividend to be ¥15.00 per share against ¥15.00 per share a year ago.
공시 • Sep 01ZERO Co., Ltd. to Report Q1, 2023 Results on Nov 10, 2022ZERO Co., Ltd. announced that they will report Q1, 2023 results on Nov 10, 2022
공시 • Aug 12ZERO Co., Ltd., Annual General Meeting, Sep 28, 2022ZERO Co., Ltd., Annual General Meeting, Sep 28, 2022.
Reported Earnings • Aug 12Full year 2022 earnings released: EPS: JP¥151 (vs JP¥217 in FY 2021)Full year 2022 results: EPS: JP¥151 (down from JP¥217 in FY 2021). Revenue: JP¥107.0b (up 16% from FY 2021). Net income: JP¥2.54b (down 30% from FY 2021). Profit margin: 2.4% (down from 3.9% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.
공시 • Aug 11+ 2 more updatesZero Co., Ltd. Declares Dividend for the Fiscal Year Ended June 30, 2022, Payable on September 29, 2022ZERO Co., Ltd. declared dividend of JPY 22.70 per share for the fiscal year ended June 30, 2022, as compared to JPY 39.10 per share paid a year ago. Scheduled date to commence dividend payments on September 29, 2022.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥25.20 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
공시 • Jun 09ZERO Co., Ltd. announced that it has received ¥100 million in fundingZERO Co., Ltd. announced that it has received ¥100 million in a round of funding on June 8, 2022. The transaction included participation from individual investors.
공시 • Jun 03ZERO Co., Ltd. to Report Fiscal Year 2022 Results on Aug 10, 2022ZERO Co., Ltd. announced that they will report fiscal year 2022 results on Aug 10, 2022
Reported Earnings • May 16Third quarter 2022 earnings released: EPS: JP¥64.50 (vs JP¥67.49 in 3Q 2021)Third quarter 2022 results: EPS: JP¥64.50 (down from JP¥67.49 in 3Q 2021). Revenue: JP¥30.1b (up 20% from 3Q 2021). Net income: JP¥1.08b (down 4.1% from 3Q 2021). Profit margin: 3.6% (down from 4.5% in 3Q 2021). 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 8% per year.
Board Change • Apr 27No independent directorsThere 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. 6 experienced directors. 5 highly experienced directors. No independent directors (10 non-independent directors). Standing Corporate Auditor Tomoyuki Shioya was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Apr 08ZERO Co., Ltd. to Report Q3, 2022 Results on May 12, 2022ZERO Co., Ltd. announced that they will report Q3, 2022 results on May 12, 2022
Reported Earnings • Feb 12Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥25.59 (down from JP¥40.19 in 2Q 2021). Revenue: JP¥24.8b (up 11% from 2Q 2021). Net income: JP¥430.0m (down 36% from 2Q 2021). Profit margin: 1.7% (down from 3.0% in 2Q 2021). The decrease in margin was driven by higher expenses. 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 8% per year, which means it is significantly lagging earnings growth.
공시 • Feb 11+ 1 more updateZERO Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending June 30, 2022ZERO Co., Ltd. provided consolidated earnings guidance for the year ending June 30, 2022. For the year, the company expects sales revenue of JPY 95,000 million, operating income of JPY 4,750 million and profit attributable to equity shareholders of the company of JPY 3,200 million or JPY 191.09 per basic share.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 March 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.3%).
Reported Earnings • Nov 12First quarter 2022 earnings released: EPS JP¥23.33 (vs JP¥65.76 in 1Q 2021)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥21.6b (flat on 1Q 2021). Net income: JP¥392.0m (down 64% from 1Q 2021). Profit margin: 1.8% (down from 5.1% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 05Full year 2021 earnings released: EPS JP¥217 (vs JP¥142 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥92.2b (up 3.0% from FY 2020). Net income: JP¥3.63b (up 53% from FY 2020). Profit margin: 3.9% (up from 2.7% in FY 2020). 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 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 06Full year 2021 earnings released: EPS JP¥217 (vs JP¥142 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥92.2b (up 3.0% from FY 2020). Net income: JP¥3.63b (up 53% from FY 2020). Profit margin: 3.9% (up from 2.7% in FY 2020). 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 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥1,241, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 12x in the Transportation industry in Japan. Total returns to shareholders of 25% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥41.70 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 30 September 2021. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%).
Reported Earnings • May 15Third quarter 2021 earnings released: EPS JP¥67.54 (vs JP¥55.56 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥25.2b (down 1.4% from 3Q 2020). Net income: JP¥1.13b (up 22% from 3Q 2020). Profit margin: 4.5% (up from 3.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • May 14+ 1 more updateZERO Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2021ZERO Co., Ltd. provided consolidated earnings guidance for the full year ending June 30, 2021. For the period, the company expected sales revenue of JPY 92,000 million, operating income of JPY 5,500 million, profit attributable to equity shareholders of the company of JPY 3,800 million and basic earnings per share of JPY 226.94.
Is New 90 Day High Low • Mar 01New 90-day high: JP¥1,051The company is up 8.0% from its price of JP¥972 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Transportation industry, which is up 12% over the same period.
공시 • Feb 28ZERO Co., Ltd. to Report Q3, 2021 Results on May 13, 2021ZERO Co., Ltd. announced that they will report Q3, 2021 results on May 13, 2021
Reported Earnings • Feb 12Second quarter 2021 earnings released: EPS JP¥40.19 (vs JP¥32.54 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥22.3b (down 4.3% from 2Q 2020). Net income: JP¥673.0m (up 24% from 2Q 2020). Profit margin: 3.0% (up from 2.3% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.