TSE:6923
TSE:6923Auto Components

Stanley Electric (TSE:6923) Earnings Growth Slows, Challenging Bullish Long-Term Narrative

Stanley Electric (TSE:6923) reported earnings growth of 3.3% for the most recent year, which trails its five-year average of 11.8%. Earnings are now expected to grow 9.6% annually, ahead of the broader Japanese market’s 7.8% forecast, but revenue projections are more subdued at 2.8% per year compared to the market’s 4.5%. With net profit margins at 6%, down slightly from last year’s 6.1%, investors are weighing consistent profit growth and valuation signals that hint at potential...
TSE:6302
TSE:6302Machinery

Sumitomo Heavy Industries (TSE:6302): ¥26.4B Non-Recurring Loss Raises Questions on Margin Recovery Narratives

Sumitomo Heavy Industries (TSE:6302) saw net profit margins decline to 0.3% from 2.1% a year earlier, with earnings dropping at an average rate of 22% per year over the last five years. A significant non-recurring loss of ¥26.4 billion affected results for the latest twelve months. Looking ahead, the company expects earnings to rebound at 26.5% per year, outpacing the market even though revenue growth is projected at just 2.7% per year, behind Japanese peers. Margins remain compressed for...
TSE:6817
TSE:6817Electronic

Sumida (TSE:6817) One-Off ¥1.1B Loss Casts Doubt on Improving Profit Margins

Sumida (TSE:6817) reported earnings growth of 4.2% for the most recent year, surpassing its average annual growth rate of 1% over the past five years. Net profit margin edged up to 1.4% from last year’s 1.3%, even as results were hit by a one-off ¥1.1 billion loss not reflective of ongoing operations. Investors are weighing the company’s moderate profit and revenue growth alongside its discounted share price. However, risks around financial strength, one-off items, and dividend sustainability...
TSE:5440
TSE:5440Metals and Mining

Kyoei Steel (TSE:5440) Margin Gain Reinforces "Steady Performer" Narrative, Dividend Sustainability Still Under Scrutiny

Kyoei Steel (TSE:5440) posted net profit margins of 3.5%, a slight uptick from last year’s 3.4%. Over the past five years, the company has grown earnings at an annual rate of 8.3%. However, growth in the most recent year slowed to 1.2%. Investors will be watching how its forecast 6.01% annual earnings growth and 2.3% revenue growth compare, especially given the company’s reputation for solid value and high-quality profits, but with ongoing risk to dividend sustainability. See our full...
TSE:6565
TSE:6565Hospitality

Abhotel (TSE:6565) Profit Margin Rises, Supporting Bullish Narratives on Quality and Value

Abhotel (TSE:6565) delivered a net profit margin of 24.6% for the period, up from 23.4% a year ago, showing a tangible improvement in profitability. Over the past five years, average annual earnings growth has run at an impressive 42.7%. The most recent year saw a more moderate 17.9% expansion. With high-quality earnings and good value signals, investors may take note of the company’s strengthened margins and standout growth record as earnings season unfolds. See our full analysis for...
TSE:6472
TSE:6472Machinery

NTN (TSE:6472) Forecasts 113% Annual Earnings Growth, Price Undervalued Versus Sector Benchmarks

NTN (TSE:6472) is projected to shift into profitability within the next three years, with earnings currently expected to grow 113.13% per year. Losses have been reduced at a rate of 24.8% annually over the last five years, though the business remains unprofitable for now. Revenue is forecast to grow 1.8% per year, trailing behind Japan’s broader market growth rate of 4.5% annually. See our full analysis for NTN. Now, it is time to measure these results against the market’s top narratives for...
TSE:6857
TSE:6857Semiconductor

Advantest (TSE:6857) Valuation in Focus After Strong Earnings, Upgraded Outlook, and AI-Driven Product Launch

Advantest (TSE:6857) just boosted its full-year outlook following another period of strong earnings. The results were driven by mounting demand for its semiconductor testing equipment as the AI chip cycle accelerates. The company also launched its next-generation MTe power test platform, reflecting how quickly the market is evolving. See our latest analysis for Advantest. Advantest’s share price has rocketed 148.7% year-to-date, with momentum accelerating further. Just this week alone, the...
TSE:9119
TSE:9119Shipping

Iino Kaiun Kaisha (TSE:9119) Margin Decline Challenges Bullish Narrative Despite Strong Revenue Outlook

Iino Kaiun Kaisha (TSE:9119) is forecast to grow its revenue by 5.04% per year, which is higher than the Japanese market’s 4.5% average. However, EPS is expected to decline by 10.1% annually over the next three years, and the company’s net profit margin has slipped from 13.6% to 12.6%. Despite the mixed outlook, investors will note the historically strong five-year earnings growth of 16.2% per year. Current valuation metrics appear attractive relative to peers and industry averages, but are...
TSE:6960
TSE:6960Medical Equipment

Fukuda Denshi (TSE:6960) Net Earnings Growth Exceeds 5-Year Trend, Reinforcing Value Investor Sentiment

Fukuda Denshi (TSE:6960) reported net earnings growth of 11.4% over the last year, beating its 5-year average growth rate of 6.8% per year, while net profit margin climbed to 13.2% from 12% a year ago. Looking ahead, earnings are forecast to increase at 4.33% per year, with revenue expected to grow 2.3% per year, both of which lag behind the broader Japanese market averages. With a price-to-earnings ratio of 10.3x, well below industry and peer benchmarks, and profit metrics trending...
TSE:9115
TSE:9115Shipping

Meiji Shipping Group (TSE:9115) Earnings Quality Questioned as ¥9.7B One-Off Gain Drives Profit Beat

Meiji Shipping Group (TSE:9115) reported net profit margins of 7.5%, up from 6.2% the previous year. EPS reflected strong 19.1% growth over the last twelve months and an average annual increase of 16.9% over five years. The company's price-to-earnings ratio sits at just 4.9x, which is notably cheaper than both the Asian Shipping industry average of 10.9x and the peer average of 16.1x. Shares currently trade at ¥701, well below an estimated fair value of ¥3,883.06. Results for the latest...
TSE:2109
TSE:2109Food

Mitsui DM Sugar (TSE:2109): ¥4.7B One-Off Loss Drives Margin Miss, Raising Quality Concerns

Mitsui DM Sugar Ltd (TSE:2109) posted a net profit margin of 3.1% for the twelve months ending September 30, 2025, lower than last year’s 4.5%. Earnings grew at a 25.6% annualized rate over the past five years. The latest results were affected by a significant one-off loss of ¥4.7 billion. The current price-to-earnings ratio sits at 17x, which is above both peer and broader industry levels. Despite this, the share price of ¥3,035 remains well below the estimated fair value. This creates a...
TSE:3388
TSE:3388Trade Distributors

Meiji Electric IndustriesLtd (TSE:3388) Margin Expansion Reinforces Value Case, Dividend Durability Under Scrutiny

Meiji Electric IndustriesLtd (TSE:3388) posted a net profit margin of 3.8%, up from 2.8% a year ago, signaling notable improvement in profitability. The company’s earnings jumped 47.9% this year, far outpacing its five-year average annual growth rate of 10%. With valuation multiples running below industry and peer averages, this earnings beat is likely to fuel a value-oriented outlook for investors, even as some attention shifts to dividend sustainability. See our full analysis for Meiji...
TSE:5410
TSE:5410Metals and Mining

Godo Steel (TSE:5410) Earnings Growth Turns Negative, Challenging Bullish Valuation Narrative

Godo Steel (TSE:5410) posted a net profit margin of 5.7%, slipping just below last year’s 5.8% level. While the company has averaged 28.4% earnings growth per year over the past five years, this latest period brought a reversal, with annual earnings growth turning negative. Despite this, the shares trade on a price-to-earnings ratio of just 4.8x, which is well under both the industry average of 12.9x and the peer average of 8.5x. The current price of ¥3,660 also stands far below an estimated...
TSE:6617
TSE:6617Electrical

Takaoka Toko (TSE:6617) Profit Margin Beats Expectations, Reinforcing Bullish Narratives

Takaoka Toko (TSE:6617) posted a net profit margin of 4.6%, topping last year’s 3.9%. Earnings climbed 13.8% over the past year compared to an average of 16.8% annually over the last five years. The stock’s ongoing profit growth, margin improvement, and promising 9.2% annual earnings growth forecast have attracted attention. However, valuation and dividend sustainability remain points of debate among investors. See our full analysis for Takaoka Toko. The big question: how do these headline...
TSE:9928
TSE:9928Software

Miroku Jyoho Service (TSE:9928) Margin Expansion Challenges Narrative of Limited Growth Prospects

Miroku Jyoho Service (TSE:9928) posted an 11.4% increase in earnings over the past year, contributing to an impressive 13.9% annualized growth rate over the last five years. Profit margins improved to 10.5% from 9.8% a year ago, and earnings are projected to grow by 3.8% annually. Revenue growth is forecast at 3.6% per year, which is slower than the market average. With the current share price trading above the estimated fair value, investors are weighing the company’s solid track record in...
TSE:5332
TSE:5332Building

TOTO (TSE:5332) Reports ¥38.8B One-Off Loss, Testing Bullish Earnings Recovery Narratives

TOTO (TSE:5332) posted a one-off loss of ¥38.8 billion for the twelve months ending September 30, 2025, driving its net profit margin down to 0.6% from last year’s 5.2%. Over the last five years, the company’s earnings have declined by an average of 5.5% per year. Looking ahead, forecasts point to revenue growth of 2.6% each year, which trails the broader Japanese market, while consensus estimates signal robust annual earnings growth of 30.9%. With a recent dip in margins and questions about...
TSE:8053
TSE:8053Trade Distributors

Sumitomo (TSE:8053) Profit Margins Surge, Challenging Bearish Narratives on Earnings Quality

Sumitomo (TSE:8053) reported net profit margins of 8.3%, up from 5% a year earlier, with EPS rising sharply as earnings surged 71.4% year-over-year, which is more than double the company’s five-year average annual earnings growth of 30.1%. While the company’s profitability and high-quality earnings have drawn attention, management is signaling caution, as revenue is forecast to rise 4.5% annually in line with the broader Japanese market but earnings are expected to edge down slightly at...
TSE:6368
TSE:6368Machinery

Organo (TSE:6368) Margin Expansion Reinforces Profitability Narrative, Despite Share Price Volatility

Organo (TSE:6368) delivered a robust 38.4% increase in earnings over its five-year average, with net profit margins rising to 16% from last year's 12.5%. Revenue is now forecast to grow 5.1% per year, ahead of the Japanese market's 4.5% pace. However, future earnings growth is expected to settle at 5.5% per year, which is below the broader market's 7.8% forecast. Investors are likely to view the combination of stronger margins, historical earnings quality, and relative valuation as positives,...
TSE:3946
TSE:3946Packaging

Tomoku (TSE:3946) Profit Margin Climbs to 3.3%, Reinforcing Bullish Narrative on Earnings Quality

Tomoku (TSE:3946) reported a net profit margin of 3.3%, up from 2.3% a year ago, with earnings surging 47.4% over the past year. This result is well above its five-year compounded annual growth rate of 4.1%. Shares currently trade at ¥3,295, reflecting a price-to-earnings ratio of 7.4x, which is below both the Japan packaging industry average and major peer benchmarks. The price also remains well beneath the company’s estimated fair value of ¥9,743.46. With profit margins strengthening and...
TSE:9509
TSE:9509Electric Utilities

Hokkaido Electric (TSE:9509) Margin Decline Challenges Market Narrative on Utility Resilience

Hokkaido Electric Power Company (TSE:9509) posted a modest earnings growth forecast of 1.08% per year, with net profit margins at 6.4%, down from 7.1% in the prior period. Over the past five years, the company delivered average annual earnings growth of 24.7%, but revenue is now projected to decline slightly at a rate of -0.09% per year. As investors weigh these figures, the key question is whether Hokkaido Electric Power’s impressive track record can balance softer profit expectations and...
TSE:6222
TSE:6222Machinery

Shima Seiki (TSE:6222) Trades at 6x Fair Value as Profitability Forecasts Test Growth Narrative

Shima Seiki Mfg.Ltd (TSE:6222) remains unprofitable, with recent data reflecting ongoing losses and a net profit margin in negative territory. Despite this, the company’s revenue is forecast to grow at 7.9% per year, which would outpace the broader Japanese market’s expected growth of 4.5% per year. Forecasts also call for a substantial increase in earnings of 106.54% annually, and the company is projected to reach profitability within three years. Over the past five years, average annual...