View Future GrowthEF-ON 과거 순이익 실적과거 기준 점검 3/6EF-ON의 수입은 연평균 -15.1%의 비율로 감소해 온 반면, Renewable Energy 산업은 수입이 연평균 15.1% 감소했습니다. 매출은 연평균 8.1%의 비율로 증가해 왔습니다. EF-ON의 자기자본이익률은 11.5%이고 순이익률은 12.3%입니다.핵심 정보-15.07%순이익 성장률-14.46%주당순이익(EPS) 성장률Renewable Energy 산업 성장률10.07%매출 성장률8.11%자기자본이익률11.47%순이익률12.29%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 13Third quarter 2026 earnings released: EPS: JP¥91.61 (vs JP¥6.48 in 3Q 2025)Third quarter 2026 results: EPS: JP¥91.61 (up from JP¥6.48 in 3Q 2025). Revenue: JP¥4.88b (up 18% from 3Q 2025). Net income: JP¥1.94b (up JP¥1.80b from 3Q 2025). Profit margin: 40% (up from 3.3% in 3Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.6%. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 10Second quarter 2026 earnings released: EPS: JP¥7.66 (vs JP¥7.62 in 2Q 2025)Second quarter 2026 results: EPS: JP¥7.66 (up from JP¥7.62 in 2Q 2025). Revenue: JP¥4.85b (up 12% from 2Q 2025). Net income: JP¥162.0m (flat on 2Q 2025). Profit margin: 3.3% (down from 3.7% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.7%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.공시 • Dec 02EF-ON Inc. to Report Q2, 2026 Results on Feb 09, 2026EF-ON Inc. announced that they will report Q2, 2026 results on Feb 09, 2026Reported Earnings • Nov 08First quarter 2026 earnings released: EPS: JP¥5.01 (vs JP¥11.10 in 1Q 2025)First quarter 2026 results: EPS: JP¥5.01 (down from JP¥11.10 in 1Q 2025). Revenue: JP¥4.92b (up 11% from 1Q 2025). Net income: JP¥106.0m (down 55% from 1Q 2025). Profit margin: 2.2% (down from 5.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.공시 • Sep 03EF-ON Inc. to Report Q1, 2026 Results on Nov 06, 2025EF-ON Inc. announced that they will report Q1, 2026 results on Nov 06, 2025Reported Earnings • Aug 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥33.25 (up from JP¥13.13 in FY 2024). Revenue: JP¥17.6b (flat on FY 2024). Net income: JP¥706.0m (up 151% from FY 2024). Profit margin: 4.0% (up from 1.6% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.모든 업데이트 보기Recent updatesNew Risk • May 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (JP¥7.70b market cap, or US$48.8m).Reported Earnings • May 13Third quarter 2026 earnings released: EPS: JP¥91.61 (vs JP¥6.48 in 3Q 2025)Third quarter 2026 results: EPS: JP¥91.61 (up from JP¥6.48 in 3Q 2025). Revenue: JP¥4.88b (up 18% from 3Q 2025). Net income: JP¥1.94b (up JP¥1.80b from 3Q 2025). Profit margin: 40% (up from 3.3% in 3Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.6%. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.New Risk • May 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥7.87b market cap, or US$50.1m).Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥402, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Renewable Energy industry in Asia. Total loss to shareholders of 33% over the past three years.Declared Dividend • Feb 11Dividend of JP¥8.00 announcedDividend of JP¥8.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 2.3%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 90% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 10Second quarter 2026 earnings released: EPS: JP¥7.66 (vs JP¥7.62 in 2Q 2025)Second quarter 2026 results: EPS: JP¥7.66 (up from JP¥7.62 in 2Q 2025). Revenue: JP¥4.85b (up 12% from 2Q 2025). Net income: JP¥162.0m (flat on 2Q 2025). Profit margin: 3.3% (down from 3.7% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.7%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.공시 • Dec 02EF-ON Inc. to Report Q2, 2026 Results on Feb 09, 2026EF-ON Inc. announced that they will report Q2, 2026 results on Feb 09, 2026Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥342, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Renewable Energy industry in Japan. Total loss to shareholders of 38% over the past three years.Reported Earnings • Nov 08First quarter 2026 earnings released: EPS: JP¥5.01 (vs JP¥11.10 in 1Q 2025)First quarter 2026 results: EPS: JP¥5.01 (down from JP¥11.10 in 1Q 2025). Revenue: JP¥4.92b (up 11% from 1Q 2025). Net income: JP¥106.0m (down 55% from 1Q 2025). Profit margin: 2.2% (down from 5.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.분석 기사 • Nov 07Is EF-ON (TSE:9514) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Nov 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 6.7% 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: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (JP¥7.17b market cap, or US$46.8m).공시 • Sep 03EF-ON Inc. to Report Q1, 2026 Results on Nov 06, 2025EF-ON Inc. announced that they will report Q1, 2026 results on Nov 06, 2025분석 기사 • Aug 28A Piece Of The Puzzle Missing From EF-ON Inc.'s (TSE:9514) 28% Share Price ClimbEF-ON Inc. ( TSE:9514 ) shareholders have had their patience rewarded with a 28% share price jump in the last month...Reported Earnings • Aug 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥33.25 (up from JP¥13.13 in FY 2024). Revenue: JP¥17.6b (flat on FY 2024). Net income: JP¥706.0m (up 151% from FY 2024). Profit margin: 4.0% (up from 1.6% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공시 • Aug 07EF-ON Inc., Annual General Meeting, Sep 26, 2025EF-ON Inc., Annual General Meeting, Sep 26, 2025.공시 • Jun 27EF-ON Inc. to Report Fiscal Year 2025 Results on Aug 07, 2025EF-ON Inc. announced that they will report fiscal year 2025 results on Aug 07, 2025Upcoming Dividend • Jun 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.8%).Reported Earnings • May 09Third quarter 2025 earnings released: EPS: JP¥6.48 (vs JP¥2.72 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.48 (up from JP¥2.72 loss in 3Q 2024). Revenue: JP¥4.14b (down 1.5% from 3Q 2024). Net income: JP¥137.0m (up JP¥195.0m from 3Q 2024). Profit margin: 3.3% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.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 5.5% 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: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥5.97b market cap, or US$40.8m).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¥282, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥526 per share.분석 기사 • Apr 05These Return Metrics Don't Make EF-ON (TSE:9514) Look Too StrongWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...공시 • Mar 06EF-ON Inc. to Report Q3, 2025 Results on May 08, 2025EF-ON Inc. announced that they will report Q3, 2025 results on May 08, 2025공시 • Feb 18EF-ON Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2025EF-ON Inc. provided consolidated earnings guidance for the full year ending June 30, 2025. For the year, the company expects net sales of JPY 18,500 million, operating profit of JPY 1,200 million, profit attributable to owners of parent of JPY 710 million and basic earnings per share of JPY 33.31.Declared Dividend • Feb 14Dividend of JP¥8.00 announcedDividend of JP¥8.00 is the same as last year. Ex-date: 27th June 2025 Payment date: 9th September 2025 Dividend yield will be 2.1%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 133% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 14Second quarter 2025 earnings released: EPS: JP¥7.62 (vs JP¥9.15 in 2Q 2024)Second quarter 2025 results: EPS: JP¥7.62 (down from JP¥9.15 in 2Q 2024). Revenue: JP¥4.34b (flat on 2Q 2024). Net income: JP¥162.0m (down 17% from 2Q 2024). Profit margin: 3.7% (down from 4.5% in 2Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Dec 18Now 20% undervaluedOver the last 90 days, the stock has risen 1.3% to JP¥385. The fair value is estimated to be JP¥484, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 46%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 133% in the next 2 years.공시 • Dec 03EF-ON Inc. to Report Q2, 2025 Results on Feb 12, 2025EF-ON Inc. announced that they will report Q2, 2025 results on Feb 12, 2025Buy Or Sell Opportunity • Nov 26Now 20% undervaluedOver the last 90 days, the stock has risen 4.4% to JP¥405. The fair value is estimated to be JP¥507, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 46%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 133% in the next 2 years.Reported Earnings • Nov 09First quarter 2025 earnings released: EPS: JP¥11.10 (vs JP¥4.61 in 1Q 2024)First quarter 2025 results: EPS: JP¥11.10 (up from JP¥4.61 in 1Q 2024). Revenue: JP¥4.45b (down 2.3% from 1Q 2024). Net income: JP¥237.0m (up 139% from 1Q 2024). Profit margin: 5.3% (up from 2.2% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.분석 기사 • Nov 08Market Participants Recognise EF-ON Inc.'s (TSE:9514) EarningsEF-ON Inc.'s ( TSE:9514 ) price-to-earnings (or "P/E") ratio of 29.6x might make it look like a strong sell right now...공시 • Nov 08EF-ON Inc. Provides Consolidated Earnings Guidance for the Six Months Ending December 31, 2024 and Full Year Ending June 30, 2025EF-ON Inc. provided consolidated earnings guidance for the six months ending December 31, 2024 and full year ending June 30, 2025. For the six months, the company expects net sales of JPY 9,000 million, operating profit of JPY 550 million, profit attributable to owners of parent of JPY 340 million and basic earnings per share of JPY 15.92. For the full year, the company expects net sales of JPY 18,500 million, operating profit of JPY 1,200 million, profit attributable to owners of parent of JPY 710 million and basic earnings per share of JPY 33.24.Reported Earnings • Oct 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥13.13 (down from JP¥38.35 in FY 2023). Revenue: JP¥17.5b (up 3.1% from FY 2023). Net income: JP¥281.0m (down 66% from FY 2023). Profit margin: 1.6% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.New Risk • Sep 28New 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 8.4% 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: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). 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 (8.4% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (JP¥8.18b market cap, or US$57.5m).공시 • Sep 25EF-ON Inc. to Report Q1, 2025 Results on Nov 07, 2024EF-ON Inc. announced that they will report Q1, 2025 results on Nov 07, 2024Reported Earnings • Aug 13Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥13.13 (down from JP¥38.35 in FY 2023). Revenue: JP¥17.5b (up 3.1% from FY 2023). Net income: JP¥281.0m (down 66% from FY 2023). Profit margin: 1.6% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.공시 • Aug 08EF-ON Inc., Annual General Meeting, Sep 27, 2024EF-ON Inc., Annual General Meeting, Sep 27, 2024.분석 기사 • Aug 05EF-ON Inc.'s (TSE:9514) Popularity With Investors Under Threat As Stock Sinks 27%EF-ON Inc. ( TSE:9514 ) shareholders that were waiting for something to happen have been dealt a blow with a 27% share...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 6.7% 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: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Dividend is not well covered by earnings (182% payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥6.32b market cap, or US$44.4m).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¥296, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total loss to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥173 per share.Upcoming Dividend • Jun 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 06 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.2%).공시 • Jun 19EF-ON Inc. to Report Fiscal Year 2024 Results on Aug 08, 2024EF-ON Inc. announced that they will report fiscal year 2024 results on Aug 08, 2024Reported Earnings • May 18Third quarter 2024 earnings released: JP¥2.72 loss per share (vs JP¥12.85 profit in 3Q 2023)Third quarter 2024 results: JP¥2.72 loss per share (down from JP¥12.85 profit in 3Q 2023). Revenue: JP¥4.20b (down 5.4% from 3Q 2023). Net loss: JP¥58.0m (down 121% from profit in 3Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.공시 • Mar 02EF-ON Inc. to Report Q3, 2024 Results on May 14, 2024EF-ON Inc. announced that they will report Q3, 2024 results on May 14, 2024Major Estimate Revision • Feb 27Consensus EPS estimates increase by 30%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥53.51 to JP¥69.81. Revenue forecast unchanged at JP¥18.5b. Net income forecast to grow 117% next year vs 32% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥630 unchanged from last update. Share price was steady at JP¥406 over the past week.Reported Earnings • Feb 19Second quarter 2024 earnings released: EPS: JP¥9.15 (vs JP¥16.24 in 2Q 2023)Second quarter 2024 results: EPS: JP¥9.15 (down from JP¥16.24 in 2Q 2023). Revenue: JP¥4.33b (flat on 2Q 2023). Net income: JP¥196.0m (down 44% from 2Q 2023). Profit margin: 4.5% (down from 8.0% in 2Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.Declared Dividend • Feb 16Dividend of JP¥8.00 announcedDividend of JP¥8.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 6th September 2024 Dividend yield will be 2.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 14% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 107% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 16+ 1 more updateEF-ON Inc. Provides Consolidated Earnings Guidance for the Year Ending June 30, 2024EF-ON Inc. provided consolidated earnings guidance for the year ending June 30, 2024. For the year, the company expects net sales of JPY 18,000 million, operating profit of JPY 1,200 million, profit attributable to owners of parent of JPY 630 million and earnings per share of JPY 29.36.Major Estimate Revision • Dec 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥60.96 to JP¥53.51. Revenue forecast unchanged from JP¥17.6b at last update. Net income forecast to grow 111% next year vs 111% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥630 unchanged from last update. Share price fell 2.9% to JP¥471 over the past week.공시 • Dec 02EF-ON Inc. to Report Q2, 2024 Results on Feb 14, 2024EF-ON Inc. announced that they will report Q2, 2024 results on Feb 14, 2024Reported Earnings • Nov 20First quarter 2024 earnings released: EPS: JP¥4.61 (vs JP¥15.92 in 1Q 2023)First quarter 2024 results: EPS: JP¥4.61 (down from JP¥15.92 in 1Q 2023). Revenue: JP¥4.55b (up 9.7% from 1Q 2023). Net income: JP¥99.0m (down 71% from 1Q 2023). Profit margin: 2.2% (down from 8.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Oct 26Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from JP¥18.0b to JP¥17.6b. EPS estimate rose from JP¥52.10 to JP¥60.96. Net income forecast to grow 59% next year vs 47% growth forecast for Renewable Energy industry in Japan. Consensus price target down from JP¥670 to JP¥630. Share price rose 2.4% to JP¥473 over the past week.공시 • Sep 17EF-ON Inc. to Report Q1, 2024 Results on Nov 14, 2023EF-ON Inc. announced that they will report Q1, 2024 results on Nov 14, 2023Reported Earnings • Aug 12Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥38.35 (down from JP¥41.45 in FY 2022). Revenue: JP¥16.9b (up 28% from FY 2022). Net income: JP¥824.0m (down 7.7% from FY 2022). Profit margin: 4.9% (down from 6.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Aug 12EF-ON Inc., Annual General Meeting, Sep 26, 2023EF-ON Inc., Annual General Meeting, Sep 26, 2023.Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per share at 1.4% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.4%).공시 • Jun 03EF-ON Inc. to Report Fiscal Year 2023 Results on Aug 10, 2023EF-ON Inc. announced that they will report fiscal year 2023 results on Aug 10, 2023Reported Earnings • May 18Third quarter 2023 earnings released: EPS: JP¥12.85 (vs JP¥11.40 in 3Q 2022)Third quarter 2023 results: EPS: JP¥12.85 (up from JP¥11.40 in 3Q 2022). Revenue: JP¥4.44b (up 31% from 3Q 2022). Net income: JP¥276.0m (up 13% from 3Q 2022). Profit margin: 6.2% (down from 7.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • May 17Ef-On Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2023EF-ON Inc. provided consolidated earnings guidance for the full year ending June 30, 2023. For the year, the company expects net sales of JPY 17,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 1,500 million or JPY 69.81 per share.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥570, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Renewable Energy industry in Japan. Total loss to shareholders of 9.5% over the past three years.공시 • Feb 14+ 1 more updateEF-ON Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2023EF-ON Inc. provided consolidated earnings guidance for the full year ending June 30, 2023. For the year, the company expects net sales of JPY 17,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 1,500 million or JPY 69.81 per share.Reported Earnings • Feb 12Second quarter 2023 earnings released: EPS: JP¥16.24 (vs JP¥8.44 in 2Q 2022)Second quarter 2023 results: EPS: JP¥16.24 (up from JP¥8.44 in 2Q 2022). Revenue: JP¥4.37b (up 34% from 2Q 2022). Net income: JP¥349.0m (up 92% from 2Q 2022). Profit margin: 8.0% (up from 5.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공시 • Nov 30EF-ON Inc. to Report Q2, 2023 Results on Feb 10, 2023EF-ON Inc. announced that they will report Q2, 2023 results on Feb 10, 2023Price Target Changed • Nov 16Price target increased to JP¥710Up from JP¥650, the current price target is an average from 2 analysts. New target price is 24% above last closing price of JP¥573. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥74.50 for next year compared to JP¥41.44 last year.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 (8 non-independent directors). Manager of Technology and Director Mutsumi Nagasawa was the last 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: Lack of independent directors. Insufficient board refreshment.공시 • Nov 15+ 1 more updateEf-On Inc. Provides Consolidated Earnings Guidance for the Six Months Ending December 31, 2022 and Fiscal Year Ending June 30, 2023EF-ON Inc. provided consolidated earnings guidance for the Six months ending December 31, 2022 and fiscal year ending June 30, 2023. For the Six months, The company expects net sales to be JPY 8,000 million, Operating profit to be JPY 1,200 million, profit attributable to owners of parent to be JPY 700 million or JPY 32.58 per basic share.For the year, The company expects net sales to be JPY 17,000 million, Operating profit to be JPY 2,500 million, profit attributable to owners of parent to be JPY 1,500 million or JPY 69.81 per basic share.Reported Earnings • Nov 13First quarter 2023 earnings released: EPS: JP¥15.92 (vs JP¥13.91 in 1Q 2022)First quarter 2023 results: EPS: JP¥15.92 (up from JP¥13.91 in 1Q 2022). Revenue: JP¥4.15b (up 20% from 1Q 2022). Net income: JP¥342.0m (up 14% from 1Q 2022). Profit margin: 8.2% (down from 8.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • Aug 31EF-ON Inc. to Report Q1, 2023 Results on Nov 11, 2022EF-ON Inc. announced that they will report Q1, 2023 results on Nov 11, 2022Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 33% share price gain to JP¥736, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Renewable Energy industry in Japan. Total returns to shareholders of 12% over the past three years.공시 • Aug 14EF-ON Inc., Annual General Meeting, Sep 27, 2022EF-ON Inc., Annual General Meeting, Sep 27, 2022.Reported Earnings • Aug 14Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥41.45 (down from JP¥77.32 in FY 2021). Revenue: JP¥13.3b (flat on FY 2021). Net income: JP¥893.0m (down 47% from FY 2021). Profit margin: 6.7% (down from 13% in FY 2021). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 24%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.7%).공시 • Jun 03EF-ON Inc. to Report Fiscal Year 2022 Results on Aug 12, 2022EF-ON Inc. announced that they will report fiscal year 2022 results on Aug 12, 2022Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from JP¥50.05 to JP¥37.20. Revenue forecast unchanged from JP¥13.6b at last update. Net income forecast to grow 35% next year vs 32% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥650 unchanged from last update. Share price rose 2.7% to JP¥536 over the past week.공시 • May 18+ 1 more updateEF-ON Inc Provides Dividend Guidance for the Year Ending June 30, 2022EF-ON Inc. provided dividend guidance for the year ending June 30, 2022. For the year, the company expects dividend of JPY 8.00 per share.Reported Earnings • May 16Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: JP¥11.40 (down from JP¥16.27 in 3Q 2021). Revenue: JP¥3.40b (up 4.2% from 3Q 2021). Net income: JP¥245.0m (down 30% from 3Q 2021). Profit margin: 7.2% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 19%, compared to a 21% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year.Price Target Changed • Apr 27Price target decreased to JP¥650Down from JP¥1,360, the current price target is an average from 2 analysts. New target price is 18% above last closing price of JP¥553. Stock is down 45% over the past year. The company is forecast to post earnings per share of JP¥50.05 for next year compared to JP¥77.32 last year.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). Manager of Technology and Director Mutsumi Nagasawa was the last 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: Lack of independent directors. Insufficient board refreshment.공시 • Apr 08EF-ON Inc. to Report Q3, 2022 Results on May 13, 2022EF-ON Inc. announced that they will report Q3, 2022 results on May 13, 2022Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥589, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Renewable Energy industry in Japan. Total loss to shareholders of 17% over the past three years.공시 • Feb 15+ 1 more updateEf-On Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2022EF-ON Inc. provided consolidated earnings guidance for the fiscal year ending June 30, 2022. The company expects net sales to be JPY 13,500 million, Operating profit to be JPY 1,650 million, profit attributable to owners of parent to be JPY 1,050 million or JPY 48.60 per basic share.Reported Earnings • Feb 12Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: JP¥8.44 (down from JP¥20.43 in 2Q 2021). Revenue: JP¥3.25b (up 2.2% from 2Q 2021). Net income: JP¥182.0m (down 59% from 2Q 2021). Profit margin: 5.6% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year.Reported Earnings • Nov 16First quarter 2022 earnings released: EPS JP¥13.91 (vs JP¥25.56 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥3.45b (down 1.7% from 1Q 2021). Net income: JP¥301.0m (down 46% from 1Q 2021). Profit margin: 8.7% (down from 16% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥934, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 23x in the Renewable Energy industry in Japan. Total loss to shareholders of 16% over the past three years.Price Target Changed • Sep 01Price target decreased to JP¥1,070Down from JP¥1,360, the current price target is an average from 2 analysts. New target price is 26% above last closing price of JP¥848. Stock is up 35% over the past year.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to JP¥855, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Renewable Energy industry in Japan. Total loss to shareholders of 24% over the past three years.Reported Earnings • Aug 15Full year 2021 earnings released: EPS JP¥77.32 (vs JP¥81.21 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥13.1b (up 7.6% from FY 2020). Net income: JP¥1.67b (down 4.8% from FY 2020). Profit margin: 13% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Aug 13EF-ON Inc. Provides Earnings Guidance for the Six Months Ending December 31, 2021 and Year Ending June 30, 2022EF-ON Inc. provided earnings guidance for the six months ending December 31, 2021 and year ending June 30, 2022. For the six months ending December 31, 2021, the company expects Net sales to be JPY 16,000 million, Operating profit to be JPY 3,100 million, profit attributable to owners of parent to be JPY 2,000 million, EPS to be JPY 92.43. For the year, the company expects Net sales to be JPY 14,500 million, Operating profit to be JPY 3,000 million, profit attributable to owners of parent to be JPY 2,000 million, EPS to be JPY 92.44.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,151, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 26x in the Renewable Energy industry in Japan. Total loss to shareholders of 15% over the past three years.Price Target Changed • Jul 09Price target decreased to JP¥1,285Down from JP¥1,410, the current price target is an average from 2 analysts. New target price is 35% above last closing price of JP¥949. Stock is up 62% over the past year.Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 07 September 2021. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (2.8%).공시 • May 16+ 1 more updateEF-ON Inc Provides Cash Dividend Guidance for the Ending June 30, 2021EF-ON Inc. provided cash dividend guidance for the ending June 30, 2021. For the year, the company expects JPY 8.00 per share compared to JPY 8.00 per share a year ago.Reported Earnings • May 14Third quarter 2021 earnings released: EPS JP¥16.27 (vs JP¥28.24 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.27b (down 9.2% from 3Q 2020). Net income: JP¥352.0m (down 42% from 3Q 2020). Profit margin: 11% (down from 17% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year.매출 및 비용 세부 내역EF-ON가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:9514 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 2619,3292,376953031 Dec 2518,588575923030 Sep 2518,074575913030 Jun 2517,599706902031 Mar 2517,316580880031 Dec 2417,379385881030 Sep 2417,370419885030 Jun 2417,473281880031 Mar 2417,07694860031 Dec 2317,316428897030 Sep 2317,352581897030 Jun 2316,949824893031 Mar 2316,1131,132912031 Dec 2215,0711,101915030 Sep 2213,9549341,009030 Jun 2213,2588931,038031 Mar 2213,2921,0541,034031 Dec 2113,1551,161989030 Sep 2113,0851,421859030 Jun 2113,1441,673802031 Mar 2113,1421,775766031 Dec 2013,4732,034725030 Sep 2012,9811,957690030 Jun 2012,2181,757669031 Mar 2011,7421,937656031 Dec 1910,9601,850649030 Sep 1910,8911,827663030 Jun 1911,0492,084651031 Mar 1911,2152,049643031 Dec 1811,1852,098634030 Sep 1811,0822,319596030 Jun 1811,0402,366581031 Mar 1810,7662,336598031 Dec 1710,7802,178615030 Sep 1710,7342,374617030 Jun 179,9202,004610031 Mar 178,9552,593569031 Dec 167,7752,448513030 Sep 166,7071,920496030 Jun 166,1501,880472031 Mar 166,192781451031 Dec 156,433858482030 Sep 156,615841494030 Jun 157,0499664980양질의 수익: 9514는 ¥2.4B 규모의 큰 일회성 이익이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: 9514의 현재 순 이익률 (12.3%)은 지난해 (3.3%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 9514의 수익은 지난 5년 동안 연평균 15.1% 감소했습니다.성장 가속화: 지난 1년간 9514 의 수익 증가율(309.7%)은 연간 평균(-15.1%)을 초과합니다.수익 대 산업: 9514의 지난 1년 수익 증가율(309.7%)은 Renewable Energy 업계의 74.5%를 상회했습니다.자기자본이익률높은 ROE: 9514의 자본 수익률(11.5%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YUtilities 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 08:01종가2026/05/22 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 소스EF-ON Inc.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.분석가기관Syusaku NishikawaDaiwa Securities Co. Ltd.
Reported Earnings • May 13Third quarter 2026 earnings released: EPS: JP¥91.61 (vs JP¥6.48 in 3Q 2025)Third quarter 2026 results: EPS: JP¥91.61 (up from JP¥6.48 in 3Q 2025). Revenue: JP¥4.88b (up 18% from 3Q 2025). Net income: JP¥1.94b (up JP¥1.80b from 3Q 2025). Profit margin: 40% (up from 3.3% in 3Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.6%. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 10Second quarter 2026 earnings released: EPS: JP¥7.66 (vs JP¥7.62 in 2Q 2025)Second quarter 2026 results: EPS: JP¥7.66 (up from JP¥7.62 in 2Q 2025). Revenue: JP¥4.85b (up 12% from 2Q 2025). Net income: JP¥162.0m (flat on 2Q 2025). Profit margin: 3.3% (down from 3.7% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.7%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
공시 • Dec 02EF-ON Inc. to Report Q2, 2026 Results on Feb 09, 2026EF-ON Inc. announced that they will report Q2, 2026 results on Feb 09, 2026
Reported Earnings • Nov 08First quarter 2026 earnings released: EPS: JP¥5.01 (vs JP¥11.10 in 1Q 2025)First quarter 2026 results: EPS: JP¥5.01 (down from JP¥11.10 in 1Q 2025). Revenue: JP¥4.92b (up 11% from 1Q 2025). Net income: JP¥106.0m (down 55% from 1Q 2025). Profit margin: 2.2% (down from 5.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
공시 • Sep 03EF-ON Inc. to Report Q1, 2026 Results on Nov 06, 2025EF-ON Inc. announced that they will report Q1, 2026 results on Nov 06, 2025
Reported Earnings • Aug 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥33.25 (up from JP¥13.13 in FY 2024). Revenue: JP¥17.6b (flat on FY 2024). Net income: JP¥706.0m (up 151% from FY 2024). Profit margin: 4.0% (up from 1.6% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
New Risk • May 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (JP¥7.70b market cap, or US$48.8m).
Reported Earnings • May 13Third quarter 2026 earnings released: EPS: JP¥91.61 (vs JP¥6.48 in 3Q 2025)Third quarter 2026 results: EPS: JP¥91.61 (up from JP¥6.48 in 3Q 2025). Revenue: JP¥4.88b (up 18% from 3Q 2025). Net income: JP¥1.94b (up JP¥1.80b from 3Q 2025). Profit margin: 40% (up from 3.3% in 3Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.6%. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
New Risk • May 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥7.87b market cap, or US$50.1m).
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥402, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Renewable Energy industry in Asia. Total loss to shareholders of 33% over the past three years.
Declared Dividend • Feb 11Dividend of JP¥8.00 announcedDividend of JP¥8.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 2.3%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 90% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 10Second quarter 2026 earnings released: EPS: JP¥7.66 (vs JP¥7.62 in 2Q 2025)Second quarter 2026 results: EPS: JP¥7.66 (up from JP¥7.62 in 2Q 2025). Revenue: JP¥4.85b (up 12% from 2Q 2025). Net income: JP¥162.0m (flat on 2Q 2025). Profit margin: 3.3% (down from 3.7% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Asia are expected to grow by 8.7%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
공시 • Dec 02EF-ON Inc. to Report Q2, 2026 Results on Feb 09, 2026EF-ON Inc. announced that they will report Q2, 2026 results on Feb 09, 2026
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥342, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Renewable Energy industry in Japan. Total loss to shareholders of 38% over the past three years.
Reported Earnings • Nov 08First quarter 2026 earnings released: EPS: JP¥5.01 (vs JP¥11.10 in 1Q 2025)First quarter 2026 results: EPS: JP¥5.01 (down from JP¥11.10 in 1Q 2025). Revenue: JP¥4.92b (up 11% from 1Q 2025). Net income: JP¥106.0m (down 55% from 1Q 2025). Profit margin: 2.2% (down from 5.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
분석 기사 • Nov 07Is EF-ON (TSE:9514) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Nov 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 6.7% 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: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (JP¥7.17b market cap, or US$46.8m).
공시 • Sep 03EF-ON Inc. to Report Q1, 2026 Results on Nov 06, 2025EF-ON Inc. announced that they will report Q1, 2026 results on Nov 06, 2025
분석 기사 • Aug 28A Piece Of The Puzzle Missing From EF-ON Inc.'s (TSE:9514) 28% Share Price ClimbEF-ON Inc. ( TSE:9514 ) shareholders have had their patience rewarded with a 28% share price jump in the last month...
Reported Earnings • Aug 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥33.25 (up from JP¥13.13 in FY 2024). Revenue: JP¥17.6b (flat on FY 2024). Net income: JP¥706.0m (up 151% from FY 2024). Profit margin: 4.0% (up from 1.6% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공시 • Aug 07EF-ON Inc., Annual General Meeting, Sep 26, 2025EF-ON Inc., Annual General Meeting, Sep 26, 2025.
공시 • Jun 27EF-ON Inc. to Report Fiscal Year 2025 Results on Aug 07, 2025EF-ON Inc. announced that they will report fiscal year 2025 results on Aug 07, 2025
Upcoming Dividend • Jun 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.8%).
Reported Earnings • May 09Third quarter 2025 earnings released: EPS: JP¥6.48 (vs JP¥2.72 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥6.48 (up from JP¥2.72 loss in 3Q 2024). Revenue: JP¥4.14b (down 1.5% from 3Q 2024). Net income: JP¥137.0m (up JP¥195.0m from 3Q 2024). Profit margin: 3.3% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
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 5.5% 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: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥5.97b market cap, or US$40.8m).
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¥282, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥526 per share.
분석 기사 • Apr 05These Return Metrics Don't Make EF-ON (TSE:9514) Look Too StrongWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
공시 • Mar 06EF-ON Inc. to Report Q3, 2025 Results on May 08, 2025EF-ON Inc. announced that they will report Q3, 2025 results on May 08, 2025
공시 • Feb 18EF-ON Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2025EF-ON Inc. provided consolidated earnings guidance for the full year ending June 30, 2025. For the year, the company expects net sales of JPY 18,500 million, operating profit of JPY 1,200 million, profit attributable to owners of parent of JPY 710 million and basic earnings per share of JPY 33.31.
Declared Dividend • Feb 14Dividend of JP¥8.00 announcedDividend of JP¥8.00 is the same as last year. Ex-date: 27th June 2025 Payment date: 9th September 2025 Dividend yield will be 2.1%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 133% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 14Second quarter 2025 earnings released: EPS: JP¥7.62 (vs JP¥9.15 in 2Q 2024)Second quarter 2025 results: EPS: JP¥7.62 (down from JP¥9.15 in 2Q 2024). Revenue: JP¥4.34b (flat on 2Q 2024). Net income: JP¥162.0m (down 17% from 2Q 2024). Profit margin: 3.7% (down from 4.5% in 2Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Dec 18Now 20% undervaluedOver the last 90 days, the stock has risen 1.3% to JP¥385. The fair value is estimated to be JP¥484, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 46%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 133% in the next 2 years.
공시 • Dec 03EF-ON Inc. to Report Q2, 2025 Results on Feb 12, 2025EF-ON Inc. announced that they will report Q2, 2025 results on Feb 12, 2025
Buy Or Sell Opportunity • Nov 26Now 20% undervaluedOver the last 90 days, the stock has risen 4.4% to JP¥405. The fair value is estimated to be JP¥507, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 46%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 133% in the next 2 years.
Reported Earnings • Nov 09First quarter 2025 earnings released: EPS: JP¥11.10 (vs JP¥4.61 in 1Q 2024)First quarter 2025 results: EPS: JP¥11.10 (up from JP¥4.61 in 1Q 2024). Revenue: JP¥4.45b (down 2.3% from 1Q 2024). Net income: JP¥237.0m (up 139% from 1Q 2024). Profit margin: 5.3% (up from 2.2% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
분석 기사 • Nov 08Market Participants Recognise EF-ON Inc.'s (TSE:9514) EarningsEF-ON Inc.'s ( TSE:9514 ) price-to-earnings (or "P/E") ratio of 29.6x might make it look like a strong sell right now...
공시 • Nov 08EF-ON Inc. Provides Consolidated Earnings Guidance for the Six Months Ending December 31, 2024 and Full Year Ending June 30, 2025EF-ON Inc. provided consolidated earnings guidance for the six months ending December 31, 2024 and full year ending June 30, 2025. For the six months, the company expects net sales of JPY 9,000 million, operating profit of JPY 550 million, profit attributable to owners of parent of JPY 340 million and basic earnings per share of JPY 15.92. For the full year, the company expects net sales of JPY 18,500 million, operating profit of JPY 1,200 million, profit attributable to owners of parent of JPY 710 million and basic earnings per share of JPY 33.24.
Reported Earnings • Oct 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥13.13 (down from JP¥38.35 in FY 2023). Revenue: JP¥17.5b (up 3.1% from FY 2023). Net income: JP¥281.0m (down 66% from FY 2023). Profit margin: 1.6% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
New Risk • Sep 28New 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 8.4% 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: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). 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 (8.4% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (JP¥8.18b market cap, or US$57.5m).
공시 • Sep 25EF-ON Inc. to Report Q1, 2025 Results on Nov 07, 2024EF-ON Inc. announced that they will report Q1, 2025 results on Nov 07, 2024
Reported Earnings • Aug 13Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥13.13 (down from JP¥38.35 in FY 2023). Revenue: JP¥17.5b (up 3.1% from FY 2023). Net income: JP¥281.0m (down 66% from FY 2023). Profit margin: 1.6% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
공시 • Aug 08EF-ON Inc., Annual General Meeting, Sep 27, 2024EF-ON Inc., Annual General Meeting, Sep 27, 2024.
분석 기사 • Aug 05EF-ON Inc.'s (TSE:9514) Popularity With Investors Under Threat As Stock Sinks 27%EF-ON Inc. ( TSE:9514 ) shareholders that were waiting for something to happen have been dealt a blow with a 27% share...
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 6.7% 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: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Dividend is not well covered by earnings (182% payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥6.32b market cap, or US$44.4m).
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¥296, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total loss to shareholders of 74% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥173 per share.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 06 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.2%).
공시 • Jun 19EF-ON Inc. to Report Fiscal Year 2024 Results on Aug 08, 2024EF-ON Inc. announced that they will report fiscal year 2024 results on Aug 08, 2024
Reported Earnings • May 18Third quarter 2024 earnings released: JP¥2.72 loss per share (vs JP¥12.85 profit in 3Q 2023)Third quarter 2024 results: JP¥2.72 loss per share (down from JP¥12.85 profit in 3Q 2023). Revenue: JP¥4.20b (down 5.4% from 3Q 2023). Net loss: JP¥58.0m (down 121% from profit in 3Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.
공시 • Mar 02EF-ON Inc. to Report Q3, 2024 Results on May 14, 2024EF-ON Inc. announced that they will report Q3, 2024 results on May 14, 2024
Major Estimate Revision • Feb 27Consensus EPS estimates increase by 30%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥53.51 to JP¥69.81. Revenue forecast unchanged at JP¥18.5b. Net income forecast to grow 117% next year vs 32% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥630 unchanged from last update. Share price was steady at JP¥406 over the past week.
Reported Earnings • Feb 19Second quarter 2024 earnings released: EPS: JP¥9.15 (vs JP¥16.24 in 2Q 2023)Second quarter 2024 results: EPS: JP¥9.15 (down from JP¥16.24 in 2Q 2023). Revenue: JP¥4.33b (flat on 2Q 2023). Net income: JP¥196.0m (down 44% from 2Q 2023). Profit margin: 4.5% (down from 8.0% in 2Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.
Declared Dividend • Feb 16Dividend of JP¥8.00 announcedDividend of JP¥8.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 6th September 2024 Dividend yield will be 2.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 14% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 107% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 16+ 1 more updateEF-ON Inc. Provides Consolidated Earnings Guidance for the Year Ending June 30, 2024EF-ON Inc. provided consolidated earnings guidance for the year ending June 30, 2024. For the year, the company expects net sales of JPY 18,000 million, operating profit of JPY 1,200 million, profit attributable to owners of parent of JPY 630 million and earnings per share of JPY 29.36.
Major Estimate Revision • Dec 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥60.96 to JP¥53.51. Revenue forecast unchanged from JP¥17.6b at last update. Net income forecast to grow 111% next year vs 111% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥630 unchanged from last update. Share price fell 2.9% to JP¥471 over the past week.
공시 • Dec 02EF-ON Inc. to Report Q2, 2024 Results on Feb 14, 2024EF-ON Inc. announced that they will report Q2, 2024 results on Feb 14, 2024
Reported Earnings • Nov 20First quarter 2024 earnings released: EPS: JP¥4.61 (vs JP¥15.92 in 1Q 2023)First quarter 2024 results: EPS: JP¥4.61 (down from JP¥15.92 in 1Q 2023). Revenue: JP¥4.55b (up 9.7% from 1Q 2023). Net income: JP¥99.0m (down 71% from 1Q 2023). Profit margin: 2.2% (down from 8.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Oct 26Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from JP¥18.0b to JP¥17.6b. EPS estimate rose from JP¥52.10 to JP¥60.96. Net income forecast to grow 59% next year vs 47% growth forecast for Renewable Energy industry in Japan. Consensus price target down from JP¥670 to JP¥630. Share price rose 2.4% to JP¥473 over the past week.
공시 • Sep 17EF-ON Inc. to Report Q1, 2024 Results on Nov 14, 2023EF-ON Inc. announced that they will report Q1, 2024 results on Nov 14, 2023
Reported Earnings • Aug 12Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥38.35 (down from JP¥41.45 in FY 2022). Revenue: JP¥16.9b (up 28% from FY 2022). Net income: JP¥824.0m (down 7.7% from FY 2022). Profit margin: 4.9% (down from 6.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Aug 12EF-ON Inc., Annual General Meeting, Sep 26, 2023EF-ON Inc., Annual General Meeting, Sep 26, 2023.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per share at 1.4% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.4%).
공시 • Jun 03EF-ON Inc. to Report Fiscal Year 2023 Results on Aug 10, 2023EF-ON Inc. announced that they will report fiscal year 2023 results on Aug 10, 2023
Reported Earnings • May 18Third quarter 2023 earnings released: EPS: JP¥12.85 (vs JP¥11.40 in 3Q 2022)Third quarter 2023 results: EPS: JP¥12.85 (up from JP¥11.40 in 3Q 2022). Revenue: JP¥4.44b (up 31% from 3Q 2022). Net income: JP¥276.0m (up 13% from 3Q 2022). Profit margin: 6.2% (down from 7.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • May 17Ef-On Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2023EF-ON Inc. provided consolidated earnings guidance for the full year ending June 30, 2023. For the year, the company expects net sales of JPY 17,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 1,500 million or JPY 69.81 per share.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥570, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Renewable Energy industry in Japan. Total loss to shareholders of 9.5% over the past three years.
공시 • Feb 14+ 1 more updateEF-ON Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2023EF-ON Inc. provided consolidated earnings guidance for the full year ending June 30, 2023. For the year, the company expects net sales of JPY 17,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 1,500 million or JPY 69.81 per share.
Reported Earnings • Feb 12Second quarter 2023 earnings released: EPS: JP¥16.24 (vs JP¥8.44 in 2Q 2022)Second quarter 2023 results: EPS: JP¥16.24 (up from JP¥8.44 in 2Q 2022). Revenue: JP¥4.37b (up 34% from 2Q 2022). Net income: JP¥349.0m (up 92% from 2Q 2022). Profit margin: 8.0% (up from 5.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공시 • Nov 30EF-ON Inc. to Report Q2, 2023 Results on Feb 10, 2023EF-ON Inc. announced that they will report Q2, 2023 results on Feb 10, 2023
Price Target Changed • Nov 16Price target increased to JP¥710Up from JP¥650, the current price target is an average from 2 analysts. New target price is 24% above last closing price of JP¥573. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥74.50 for next year compared to JP¥41.44 last year.
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 (8 non-independent directors). Manager of Technology and Director Mutsumi Nagasawa was the last 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: Lack of independent directors. Insufficient board refreshment.
공시 • Nov 15+ 1 more updateEf-On Inc. Provides Consolidated Earnings Guidance for the Six Months Ending December 31, 2022 and Fiscal Year Ending June 30, 2023EF-ON Inc. provided consolidated earnings guidance for the Six months ending December 31, 2022 and fiscal year ending June 30, 2023. For the Six months, The company expects net sales to be JPY 8,000 million, Operating profit to be JPY 1,200 million, profit attributable to owners of parent to be JPY 700 million or JPY 32.58 per basic share.For the year, The company expects net sales to be JPY 17,000 million, Operating profit to be JPY 2,500 million, profit attributable to owners of parent to be JPY 1,500 million or JPY 69.81 per basic share.
Reported Earnings • Nov 13First quarter 2023 earnings released: EPS: JP¥15.92 (vs JP¥13.91 in 1Q 2022)First quarter 2023 results: EPS: JP¥15.92 (up from JP¥13.91 in 1Q 2022). Revenue: JP¥4.15b (up 20% from 1Q 2022). Net income: JP¥342.0m (up 14% from 1Q 2022). Profit margin: 8.2% (down from 8.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • Aug 31EF-ON Inc. to Report Q1, 2023 Results on Nov 11, 2022EF-ON Inc. announced that they will report Q1, 2023 results on Nov 11, 2022
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 33% share price gain to JP¥736, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Renewable Energy industry in Japan. Total returns to shareholders of 12% over the past three years.
공시 • Aug 14EF-ON Inc., Annual General Meeting, Sep 27, 2022EF-ON Inc., Annual General Meeting, Sep 27, 2022.
Reported Earnings • Aug 14Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥41.45 (down from JP¥77.32 in FY 2021). Revenue: JP¥13.3b (flat on FY 2021). Net income: JP¥893.0m (down 47% from FY 2021). Profit margin: 6.7% (down from 13% in FY 2021). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 24%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.7%).
공시 • Jun 03EF-ON Inc. to Report Fiscal Year 2022 Results on Aug 12, 2022EF-ON Inc. announced that they will report fiscal year 2022 results on Aug 12, 2022
Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from JP¥50.05 to JP¥37.20. Revenue forecast unchanged from JP¥13.6b at last update. Net income forecast to grow 35% next year vs 32% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥650 unchanged from last update. Share price rose 2.7% to JP¥536 over the past week.
공시 • May 18+ 1 more updateEF-ON Inc Provides Dividend Guidance for the Year Ending June 30, 2022EF-ON Inc. provided dividend guidance for the year ending June 30, 2022. For the year, the company expects dividend of JPY 8.00 per share.
Reported Earnings • May 16Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: JP¥11.40 (down from JP¥16.27 in 3Q 2021). Revenue: JP¥3.40b (up 4.2% from 3Q 2021). Net income: JP¥245.0m (down 30% from 3Q 2021). Profit margin: 7.2% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 19%, compared to a 21% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year.
Price Target Changed • Apr 27Price target decreased to JP¥650Down from JP¥1,360, the current price target is an average from 2 analysts. New target price is 18% above last closing price of JP¥553. Stock is down 45% over the past year. The company is forecast to post earnings per share of JP¥50.05 for next year compared to JP¥77.32 last year.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). Manager of Technology and Director Mutsumi Nagasawa was the last 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: Lack of independent directors. Insufficient board refreshment.
공시 • Apr 08EF-ON Inc. to Report Q3, 2022 Results on May 13, 2022EF-ON Inc. announced that they will report Q3, 2022 results on May 13, 2022
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥589, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Renewable Energy industry in Japan. Total loss to shareholders of 17% over the past three years.
공시 • Feb 15+ 1 more updateEf-On Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2022EF-ON Inc. provided consolidated earnings guidance for the fiscal year ending June 30, 2022. The company expects net sales to be JPY 13,500 million, Operating profit to be JPY 1,650 million, profit attributable to owners of parent to be JPY 1,050 million or JPY 48.60 per basic share.
Reported Earnings • Feb 12Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: JP¥8.44 (down from JP¥20.43 in 2Q 2021). Revenue: JP¥3.25b (up 2.2% from 2Q 2021). Net income: JP¥182.0m (down 59% from 2Q 2021). Profit margin: 5.6% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year.
Reported Earnings • Nov 16First quarter 2022 earnings released: EPS JP¥13.91 (vs JP¥25.56 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥3.45b (down 1.7% from 1Q 2021). Net income: JP¥301.0m (down 46% from 1Q 2021). Profit margin: 8.7% (down from 16% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥934, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 23x in the Renewable Energy industry in Japan. Total loss to shareholders of 16% over the past three years.
Price Target Changed • Sep 01Price target decreased to JP¥1,070Down from JP¥1,360, the current price target is an average from 2 analysts. New target price is 26% above last closing price of JP¥848. Stock is up 35% over the past year.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to JP¥855, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Renewable Energy industry in Japan. Total loss to shareholders of 24% over the past three years.
Reported Earnings • Aug 15Full year 2021 earnings released: EPS JP¥77.32 (vs JP¥81.21 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥13.1b (up 7.6% from FY 2020). Net income: JP¥1.67b (down 4.8% from FY 2020). Profit margin: 13% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Aug 13EF-ON Inc. Provides Earnings Guidance for the Six Months Ending December 31, 2021 and Year Ending June 30, 2022EF-ON Inc. provided earnings guidance for the six months ending December 31, 2021 and year ending June 30, 2022. For the six months ending December 31, 2021, the company expects Net sales to be JPY 16,000 million, Operating profit to be JPY 3,100 million, profit attributable to owners of parent to be JPY 2,000 million, EPS to be JPY 92.43. For the year, the company expects Net sales to be JPY 14,500 million, Operating profit to be JPY 3,000 million, profit attributable to owners of parent to be JPY 2,000 million, EPS to be JPY 92.44.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,151, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 26x in the Renewable Energy industry in Japan. Total loss to shareholders of 15% over the past three years.
Price Target Changed • Jul 09Price target decreased to JP¥1,285Down from JP¥1,410, the current price target is an average from 2 analysts. New target price is 35% above last closing price of JP¥949. Stock is up 62% over the past year.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 07 September 2021. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (2.8%).
공시 • May 16+ 1 more updateEF-ON Inc Provides Cash Dividend Guidance for the Ending June 30, 2021EF-ON Inc. provided cash dividend guidance for the ending June 30, 2021. For the year, the company expects JPY 8.00 per share compared to JPY 8.00 per share a year ago.
Reported Earnings • May 14Third quarter 2021 earnings released: EPS JP¥16.27 (vs JP¥28.24 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.27b (down 9.2% from 3Q 2020). Net income: JP¥352.0m (down 42% from 3Q 2020). Profit margin: 11% (down from 17% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year.