TSE:6718
TSE:6718Communications

Aiphone (TSE:6718) Net Profit Margin Decline Tests Bullish Growth Narrative

Aiphone Ltd (TSE:6718) reported net profit margins of 4.1%, down from last year’s 7%, with earnings growing at an average annual rate of 2.9% over the past five years. Looking ahead, analysts expect the company’s earnings to climb 12.2% each year, outpacing the broader Japanese market’s 7.8% growth forecast. Projected revenue growth of 4.2% trails just behind market expectations. While recent margin compression will be closely watched, investors are eyeing the company’s robust profit growth...
TSE:1967
TSE:1967Construction

Yamato (TSE:1967) Net Margins Surge to 7.7%, Reinforcing Profit Growth Narrative

Yamato (TSE:1967) delivered headline earnings growth of 149.4% over the past year, building on an already impressive 7.5% annual pace over the past five years. The company’s net profit margin rose sharply to 7.7%, up from 3.4% a year ago, with high-quality earnings driving results. Investors may view these numbers favorably given the track record of strong profit growth, a value-oriented P/E ratio of 11.1x compared to an industry average of 12.4x, and a market price of ¥1,899 sitting below...
TSE:8173
TSE:8173Specialty Retail

Joshin Denki (TSE:8173): One-Off Gain Masks Ongoing Margin Pressure in Latest Earnings

Joshin Denki (TSE:8173) saw its earnings decline by 18.7% per year over the past five years, with the most recent annual figures showing another drop and a net profit margin down to 0.8% from 1.2% a year ago. This latest twelve-month period also included a significant one-off gain of ¥2.6 billion, which substantially affected the results for the period ending September 30, 2025. While valuation signals look mixed given the higher P/E, the shares now trade well below estimated fair value. The...
NSE:2902
NSE:2902Chemicals

Taiyo Kagaku (NSE:2902): Profit Margins Climb, Challenging Past Slow-Growth Narrative

Taiyo Kagaku Ltd (NSE:2902) reported a net profit margin of 9.3%, up from last year’s 5.2%, with annual earnings growth surging 86.5% compared to a five-year average of just 2.5% per year. The company’s price-to-earnings ratio is 8x, well below both the peer average of 29.3x and the JP Chemicals industry average of 13.1x. The share price of ¥2,225 is trading significantly under the estimated fair value of ¥7,508.26. With profitability accelerating and valuation appearing attractive relative...
TSE:2282
TSE:2282Food

NH Foods (TSE:2282) Margin Miss Challenges Defensive Reputation Despite Premium Valuation

NH Foods (TSE:2282) reported a net profit margin of 1.8%, down from 2.2% the year before, with earnings declining by an average of 5.8% per year over the last five years. Despite forecasts signaling revenue growth of just 1% per year and earnings growth of 6.7% per year, both falling short of the broader JP market averages, the company continues to trade at a price-to-earnings ratio of 25.1x, outpacing peers and the industry overall. Investor focus has shifted to NH Foods’ high quality...
TSE:4547
TSE:4547Pharmaceuticals

Kissei Pharmaceutical (TSE:4547): One-Off Gain Inflates Profit, Raising Questions on Recurring Earnings Quality

Kissei Pharmaceutical (TSE:4547) posted a net profit margin of 13.8%, coming in below last year’s 15.5% as annual EPS growth cooled to 3.1%, significantly lower than its robust 15.1% five-year average. The company’s latest results feature a notable one-off gain of ¥8.9 billion, which has boosted reported profitability, while shares currently trade at ¥4,010, below both the estimated fair value of ¥4,665.51 and analyst targets. With annual revenue forecast to outpace the Japanese market at...
TSE:6200
TSE:6200Professional Services

Insource (TSE:6200) Margin Gains Reinforce Bullish Narratives Despite Slower Earnings Growth

Insource (TSE:6200) posted a compound annual earnings growth rate of 29.1% over the last five years. The most recent year saw earnings growth of 19.4%, slightly trailing its long-term average. Net profit margins improved to 27.4%, up from 26.6% a year earlier, reinforcing the company's reputation for high-quality reported earnings. The current price-to-earnings ratio stands at 19.4x, which is above both the industry and peer averages. However, the share price of ¥883 remains below the...
TSE:8081
TSE:8081Trade Distributors

Kanaden (TSE:8081) Earnings Boosted by ¥1.1 Billion One-Off Gain, Pressuring Growth Narrative

Kanaden (TSE:8081) delivered net profit margins of 2.9%, matching last year's level. Earnings grew 17.4% in the latest period, outpacing the company's five-year average growth of 13.1% per year, and benefited from a notable one-off gain of ¥1.1 billion, which boosted recent results above the usual trend. With the share price at ¥2,031, still well below an estimated fair value of ¥4,286.7 but trading at a higher P/E ratio than its peers, investors are weighing historical growth and apparent...
TSE:7723
TSE:7723Electronic

Aichi Tokei Denki (TSE:7723): Earnings Growth Surges, Reinforcing Bullish Narratives on Operational Quality

Aichi Tokei Denki (TSE:7723) delivered earnings growth of 27.2% over the past year, far exceeding its 5-year average pace of 5.2% per year. Profit margins climbed to 6.9% from 5.7% last year, signaling improved net profitability for shareholders. See our full analysis for Aichi Tokei Denki. Now, it’s time to see how these headline results measure up against the current narratives. Are the stories around Aichi Tokei Denki holding up, or do the numbers challenge conventional wisdom? Curious how...
TSE:9104
TSE:9104Shipping

Mitsui O.S.K. Lines (TSE:9104) Earnings Surge 33.8%, Challenging Tepid Growth Narratives

Mitsui O.S.K. Lines (TSE:9104) delivered a 33.8% jump in earnings over the last year, far surpassing its five-year average annual growth of 6.7%. Net profit margins climbed to 21% from last year’s 16.5%, while the company continues to deliver high-quality earnings despite revenue forecasts of only 0.07% growth per year. After another period of steady profit expansion, investors will now weigh these strong historical results and attractive valuation multiples against a more cautious outlook...
TSE:9619
TSE:9619Transportation

Ichinen Holdings (TSE:9619) Margin Halves—Profitability Decline Challenges Resilience Narrative

Ichinen Holdings Ltd. (TSE:9619) reported net profit margins of 4.4%, down from last year’s 8.9%, marking a clear contraction in profitability. While the company has delivered an average yearly earnings growth rate of 22.4% over the past five years, it faced negative earnings growth this year, making it tough to draw comparisons with its historical performance. With forward earnings growth forecast at 4.3% annually and revenue expected to grow at 2% per year, both lagging the wider Japan...
TSE:7729
TSE:7729Semiconductor

Tokyo Seimitsu (TSE:7729): Margin Improvement Surpasses Expectations, Reinforcing Bullish Market Views

Tokyo Seimitsu (TSE:7729) delivered a stellar set of earnings, with profit climbing at an average of 15.2% per year over the last five years and surging 28.6% in the latest period. Net profit margins jumped to 16.7%, up from 14.3% last year. Earnings are forecast to grow 13.6% per year, comfortably beating the broader Japanese market’s projected 7.8% rate. In light of strong revenue and profit momentum, investors may take note of the company’s attractive valuation multiples. However, its...
TSE:6644
TSE:6644Electronic

Osaki Electric (TSE:6644) Surges Past Growth Narratives With 76.9% EPS Jump and Margin Upswing

Osaki Electric (TSE:6644) posted net profit margins of 3.6%, up from last year’s 2.1%, and EPS growth of 76.9%. This is well above its five-year average growth of 52.3% per year. Revenue is forecast to rise 2.5% per year, while earnings are projected to climb by 7.8% annually, which matches the Japanese market average. Investors may take note of the company’s perceived undervaluation, a lower-than-industry average Price-to-Earnings ratio, and strong dividend characteristics. These factors all...
TSE:9502
TSE:9502Electric Utilities

Is Chubu Electric’s Dividend Hike and Guidance Update Altering the Investment Case for TSE:9502?

Chubu Electric Power Company announced an increase in its second quarter dividend to ¥35.00 per share, up from ¥30.00 last year, alongside updated full-year earnings guidance, with revenue forecasted at ¥3.55 trillion and profit attributable to owners at ¥185 billion for the year ending March 31, 2026. This combination of a dividend hike and clear earnings expectations signals the company's focus on strengthening shareholder returns and transparency. With the dividend increase as a central...
TSE:1967
TSE:1967Construction

Yamato (TSE:1967) Net Profit Margin More Than Doubles, Challenging Defensive-Only Narrative

Yamato (TSE:1967) posted a net profit margin of 7.7%, significantly higher than last year’s 3.4%, reflecting a sharp upturn in profitability. Earnings soared 149.4% year-over-year, far outpacing the company’s five-year average annual growth rate of 7.5%. With shares trading at ¥1,899, below an estimated fair value of ¥2,367.94, and the price-to-earnings ratio at 11.1x, which is under both the Japanese construction industry average and direct peers, the setup is compelling for investors...
TSE:4042
TSE:4042Chemicals

Tosoh (TSE:4042) Margin Decline Challenges Quality Narrative Despite Strong Profit Growth Forecast

Tosoh (TSE:4042) reported net profit margins of 4.6%, down from 5.9% last year, and has seen earnings decline by 8.5% per year over the past five years. Despite lower profitability, forecasts show earnings are expected to grow at 11.6% annually, outpacing the broader Japanese market's 7.8% growth rate. Investors will be watching the company’s ongoing profit growth and valuation metrics in light of these mixed signals. See our full analysis for Tosoh. The next section puts these latest numbers...
TSE:7537
TSE:7537Electronic

Marubun (TSE:7537) Profit Margins Beat Peers, Undervalued Shares Reinforce Bullish Narratives

Marubun (TSE:7537) posted net profit margins of 2.1% for the latest period, an improvement from last year’s 1.8%. The company has maintained a five-year average earnings growth of 43.3% per year, although the most recent year came in at 5.8%. The company’s strong earnings outlook is highlighted by forecasts of 23.2% annual earnings growth for the next three years, which are expected to outpace both its 5.6% revenue growth forecast and the broader Japanese market averages. With a...
TSE:4534
TSE:4534Pharmaceuticals

Mochida Pharmaceutical (TSE:4534) Net Margin Rebound Reinforces Bullish Quality Earnings Narrative

Mochida Pharmaceutical (TSE:4534) posted a sharp increase in net profit margin to 5.7%, up from 4.3% last year, with earnings surging 36.5% over the past year. This marks a notable turnaround from its five-year average decline of 12.2% per year. The company’s shares are trading at ¥3,035, below their estimated fair value of ¥5,115.43, but the price-to-earnings ratio stands at 17.9x, commanding a premium to both peers and the broader Japanese pharmaceutical industry. Investors are watching the...
TSE:7466
TSE:7466Retail Distributors

SPK (TSE:7466) Profit Growth Slows, High Earnings Quality Underscores Stable-Performer Narrative

SPK (TSE:7466) has maintained an average annual earnings growth of 14.3% over the past five years. However, profit growth slowed to 4.9% in the most recent year. The company’s net profit margin currently stands at 3.5%, just below last year’s 3.6%. Investors looking for multi-year growth and good value may find the company’s latest results compelling, even as dividend sustainability remains a minor risk to monitor. See our full analysis for SPK. Next, we will see how these numbers compare to...
TSE:2937
TSE:2937Food

St.Cousair (TSE:2937): One-Off Loss Drives Margin Miss, Heightening Doubt in Recovery Narratives

St.Cousair (TSE:2937) saw earnings decline by 13.2% annually over the past five years, with net profit margin falling to 1.5% from 2.8% a year earlier. For the latest period through September 30, 2025, the company was hit by a one-off ¥189.1 million loss, which amplified pressure on profitability. Shares currently trade at ¥1708, notably above the estimated fair value of ¥833.33. This results in a price-to-earnings ratio of 53x, much higher than both the Japanese food industry and peer group...
TSE:4203
TSE:4203Chemicals

Sumitomo Bakelite (TSE:4203) Margin Compression Challenges Market Optimism on Quality Earnings Growth

Sumitomo Bakelite (TSE:4203) has posted consistent earnings growth of 11.5% annually over the past five years, while net profit margins currently stand at 6.5%, lower than last year’s 7.7%. Looking ahead, revenue is forecast to rise by 4.1% per year, just behind the Japanese market’s 4.5% average, and EPS is expected to grow at 8.1%, a tick higher than the national average of 7.8%. Investors will likely take note of the company’s quality growth profile and moderate margin compression as they...
TSE:7229
TSE:7229Auto Components

Yutaka Giken (TSE:7229) Margin Decline Challenges High-Quality Growth Narrative

Yutaka Giken (TSE:7229) posted a net profit margin of 2.3% for the most recent period, down from 3.5% last year, as annual earnings growth slipped despite a robust five-year average of 42.4%. Shares are trading at ¥3,045, below an estimated fair value of ¥4,100.05. The company’s price-to-earnings ratio of 11.5x is higher than both the auto components industry and peer group averages. With current profitability under short-term pressure and shares trading at a discount to estimated fair value,...
TSE:4689
TSE:4689Interactive Media and Services

LY (TSE:4689) Margin Expansion Outpaces Narratives, Reinforcing Bullish Operational Momentum

LY (TSE:4689) reported a robust 18.2% jump in earnings over the past year, outpacing its own five-year growth average of 16.2%. Net profit margins rose to 7.7% from last year's 6.9%, while earnings are expected to continue expanding at 7.55% annually and revenue at 5.4% per year. With the stock trading at a Price-to-Earnings ratio below both its peers and the broader JP Interactive Media and Services industry, and shares priced under analysts' fair value target, investors see plenty of room...
TSE:8255
TSE:8255Consumer Retailing

Axial Retailing (TSE:8255) Margin Surge Reinforces Bullish Narratives Despite Muted Growth Outlook

Axial Retailing (TSE:8255) delivered a 22.9% jump in earnings over the past year, surpassing its 5-year average annual growth of just 0.2%. Net profit margin also improved to 3.2% from 2.7% in the prior period, signaling stronger profitability. While expectations call for future revenue to rise 4% and earnings to climb 2.7% per year, both these forecasts trail the broader Japanese market’s averages. This suggests investor attention is likely to stay fixed on the recent margin gains rather...