TSE:6277Machinery
Hosokawa Micron (TSE:6277) Stock Revenue Holds While Margin Pressure Deepens
Hosokawa Micron heads into this earnings season with a share price that has drifted, down over the past three months even after a modest rebound in the last week. The stock closed at ¥5,190 on 7 August, with a P/E of 32x compared with the wider Japanese machinery sector.
The tension for investors is clear. The latest Q3 numbers keep revenue close to ¥21,001m, yet net profit margins on a trailing basis sit at only 2.9% after a ¥1.0b one off loss. The market now has to decide whether today’s...