Reported Earnings • Jul 19
Full year 2026 earnings released: EPS: JP¥68.37 (vs JP¥16.61 in FY 2025) Full year 2026 results: EPS: JP¥68.37 (up from JP¥16.61 in FY 2025). Revenue: JP¥135.2b (up 9.6% from FY 2025). Net income: JP¥5.45b (up 309% from FY 2025). Profit margin: 4.0% (up from 1.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Aankondiging • Jul 15
JDC Corporation, Annual General Meeting, Aug 27, 2026 JDC Corporation, Annual General Meeting, Aug 27, 2026. Aankondiging • Jun 20
JDC Corporation Announces Executive and Board Changes, Effective August 27, 2026 JDC CORPORATION had, at a meeting of the Board of Directors held on June 19, 2026, resolved to make preliminary decisions regarding changes in Directors and Executive Officers. Isao Hayashi was scheduled to retire from his position as a director on August 27, 2026, and assume the role of Chief Advisor to the company. Hiroaki Takatsu retired as Outside Director, effective August 27, 2026. Isao Hayashi retired as President Executive Officer and COO and was appointed as Chief Advisor as of the same date. Masatoshi Terada was appointed as Executive Officer, Head of Building Construction Division from Executive Officer, General Manager of Building Construction Management Department, effective August 27, 2026. Kenji Moriya was appointed as Managing Officer (in charge of Building Construction Business) from President and CEO, Kokudo BuilAce Corporation, effective August 27, 2026. Yukio Hasegawa was born on February 17, 1968 and holds a B.E. in Architecture from Aichi Institute of Technology (1990). He joined JDC CORPORATION in 1990 and has built his career in building construction, serving in key project leadership roles. He has held senior positions including Head of Large Construction Site Management Department and Deputy Head of Building Construction Division. Since 2023, he has led the Building Construction Division, driving profit recovery and business expansion. He currently serves as Managing Officer, Head of Building Construction Division. Aankondiging • May 28
JDC Corporation to Report Fiscal Year 2026 Results on Jul 15, 2026 JDC Corporation announced that they will report fiscal year 2026 results on Jul 15, 2026 Upcoming Dividend • May 21
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%). Aankondiging • Apr 03
JDC Corporation to Report Q3, 2026 Results on Apr 14, 2026 JDC Corporation announced that they will report Q3, 2026 results on Apr 14, 2026 Aankondiging • Dec 02
JDC Corporation to Report Q2, 2026 Results on Jan 14, 2026 JDC Corporation announced that they will report Q2, 2026 results on Jan 14, 2026 Aankondiging • Sep 11
JDC Corporation to Report Q1, 2026 Results on Oct 15, 2025 JDC Corporation announced that they will report Q1, 2026 results on Oct 15, 2025 Aankondiging • Jul 15
JDC Corporation, Annual General Meeting, Aug 26, 2025 JDC Corporation, Annual General Meeting, Aug 26, 2025. Aankondiging • May 27
JDC Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending May 31, 2025 JDC Corporation revised consolidated and non-consolidated earnings guidance for the fiscal year ending May 31, 2025. For Fiscal year, on consolidated basis, the company revised net sales of JPY 123,100 million, operating profit of JPY 2,000 million, profit attributable to owners of parent of JPY 1,200 million and Net Income per Share of JPY 14.92 against the previous guidance of net sales of JPY 110,000 million, operating profit of JPY 4,000 million, profit attributable to owners of parent of JPY 2,600 million and Net Income per Share of JPY 31.00.
For fiscal year, on Non-consolidated basis, the company revised net sales of JPY 97,700 million, profit of JPY 1,800 million and Net Income per Share of JPY 22.39 against the previous guidance of net sales of JPY 86,000 million, profit of JPY 2,000 million and Net Income per Share of 23.00. Aankondiging • May 03
JDC Corporation to Report Fiscal Year 2025 Results on Jul 15, 2025 JDC Corporation announced that they will report fiscal year 2025 results on Jul 15, 2025 Aankondiging • Nov 27
JDC Corporation to Report Q2, 2025 Results on Jan 14, 2025 JDC Corporation announced that they will report Q2, 2025 results on Jan 14, 2025 Declared Dividend • Nov 11
Dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 28th November 2024 Payment date: 3rd February 2025 Dividend yield will be 329%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. Reported Earnings • Oct 17
First quarter 2025 earnings released: EPS: JP¥21.09 (vs JP¥5.56 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥21.09 (up from JP¥5.56 loss in 1Q 2024). Revenue: JP¥31.3b (down 7.7% from 1Q 2024). Net income: JP¥1.73b (up JP¥2.19b from 1Q 2024). Profit margin: 5.5% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 17
JDC Corporation Announces Special Dividend for the Fiscal Year Ended May 31, 2024; Provides Special Dividend for Year-End Dividends for the Fiscal Year Ending May 31, 2025 JDC Corporation announced special dividend for the fiscal year ended May 31, 2024; provides special dividend for Year-end dividends for the fiscal year ending May 31, 2025. For the year, the company announced special dividend JPY 2.00 per share.
For the year ending May 31, 2025, the company expects special dividend of JPY 2.00 per share. New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Aankondiging • Aug 30
JDC Corporation to Report Q1, 2025 Results on Oct 15, 2024 JDC Corporation announced that they will report Q1, 2025 results on Oct 15, 2024 Buy Or Sell Opportunity • Aug 10
Now 22% overvalued Over the last 90 days, the stock has fallen 7.2% to €2.82. The fair value is estimated to be €2.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Jul 17
Full year 2024 earnings released: JP¥86.22 loss per share (vs JP¥38.94 profit in FY 2023) Full year 2024 results: JP¥86.22 loss per share (down from JP¥38.94 profit in FY 2023). Revenue: JP¥135.7b (down 12% from FY 2023). Net loss: JP¥7.19b (down 319% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Upcoming Dividend • May 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.9%). Reported Earnings • Apr 16
Third quarter 2024 earnings released: JP¥22.34 loss per share (vs JP¥5.34 loss in 3Q 2023) Third quarter 2024 results: JP¥22.34 loss per share (further deteriorated from JP¥5.34 loss in 3Q 2023). Revenue: JP¥33.3b (down 1.5% from 3Q 2023). Net loss: JP¥1.87b (loss widened 316% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Aankondiging • Jan 28
JDC Corporation to Report Q3, 2024 Results on Apr 15, 2024 JDC Corporation announced that they will report Q3, 2024 results on Apr 15, 2024 Reported Earnings • Jan 16
Second quarter 2024 earnings released: JP¥56.74 loss per share (vs JP¥1.54 profit in 2Q 2023) Second quarter 2024 results: JP¥56.74 loss per share (down from JP¥1.54 profit in 2Q 2023). Revenue: JP¥31.2b (down 15% from 2Q 2023). Net loss: JP¥4.73b (down JP¥4.86b from profit in 2Q 2023). Aankondiging • Nov 29
JDC Corporation to Report Q2, 2024 Results on Jan 15, 2024 JDC Corporation announced that they will report Q2, 2024 results on Jan 15, 2024 Upcoming Dividend • Nov 22
Upcoming dividend of JP¥10.00 per share at 4.3% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 01 February 2024. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.8%). Reported Earnings • Oct 18
First quarter 2024 earnings released: JP¥5.56 loss per share (vs JP¥6.27 profit in 1Q 2023) First quarter 2024 results: JP¥5.56 loss per share (down from JP¥6.27 profit in 1Q 2023). Revenue: JP¥33.9b (up 19% from 1Q 2023). Net loss: JP¥463.0m (down 185% from profit in 1Q 2023). Aankondiging • Sep 06
JDC Corporation to Report Q1, 2024 Results on Oct 16, 2023 JDC Corporation announced that they will report Q1, 2024 results on Oct 16, 2023 New Risk • Jul 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.1% Last year net profit margin: 5.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.1% net profit margin). Reported Earnings • Jul 19
Full year 2023 earnings released: EPS: JP¥38.94 (vs JP¥84.48 in FY 2022) Full year 2023 results: EPS: JP¥38.94 (down from JP¥84.48 in FY 2022). Revenue: JP¥154.2b (up 22% from FY 2022). Net income: JP¥3.29b (down 56% from FY 2022). Profit margin: 2.1% (down from 5.8% in FY 2022). The decrease in margin was driven by higher expenses. Upcoming Dividend • May 23
Upcoming dividend of JP¥16.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 28 August 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%). Aankondiging • May 20
JDC Corporation to Report Fiscal Year 2023 Results on Jul 18, 2023 JDC Corporation announced that they will report fiscal year 2023 results on Jul 18, 2023 Reported Earnings • Jan 17
Second quarter 2023 earnings released: EPS: JP¥1.54 (vs JP¥16.86 in 2Q 2022) Second quarter 2023 results: EPS: JP¥1.54 (down from JP¥16.86 in 2Q 2022). Revenue: JP¥36.6b (up 15% from 2Q 2022). Net income: JP¥130.0m (down 91% from 2Q 2022). Profit margin: 0.4% (down from 4.6% in 2Q 2022). Upcoming Dividend • Nov 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 01 February 2023. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.0%). Board Change • Nov 16
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 9 non-independent directors. Director Hidetaka Matsuishi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Reported Earnings • Oct 18
First quarter 2023 earnings released: EPS: JP¥6.27 (vs JP¥8.34 in 1Q 2022) First quarter 2023 results: EPS: JP¥6.27 (down from JP¥8.34 in 1Q 2022). Revenue: JP¥28.5b (up 8.3% from 1Q 2022). Net income: JP¥542.0m (down 25% from 1Q 2022). Profit margin: 1.9% (down from 2.8% in 1Q 2022). Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improved over the past week After last week's 16% share price gain to €4.16, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 15x in the Construction industry in Germany. Negligible returns to shareholders over past year. Reported Earnings • Jul 17
Full year 2022 earnings released: EPS: JP¥84.48 (vs JP¥88.92 in FY 2021) Full year 2022 results: EPS: JP¥84.48 (down from JP¥88.92 in FY 2021). Revenue: JP¥126.8b (up 7.6% from FY 2021). Net income: JP¥7.39b (down 4.2% from FY 2021). Profit margin: 5.8% (down from 6.5% in FY 2021). Upcoming Dividend • May 23
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (3.6%). Board Change • Apr 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Full-Time Audit Committee Member Kimio Masunari was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 15
Third quarter 2022 earnings released: JP¥0.51 loss per share (vs JP¥20.94 profit in 3Q 2021) Third quarter 2022 results: JP¥0.51 loss per share (down from JP¥20.94 profit in 3Q 2021). Revenue: JP¥27.5b (up 7.9% from 3Q 2021). Net loss: JP¥45.0m (down 102% from profit in 3Q 2021). Aankondiging • Apr 15
JDC Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending May 31, 2022 JDC Corporation provided consolidated and non-consolidated earnings guidance for the Fiscal Year Ending May 31, 2022. For the period, the company expects consolidated net sales of ¥126,700 million, operating profit of ¥7,300 million and profit of ¥6,800 million or ¥77.81 basic per share.For the period, the company expects non-consolidated net sales of ¥112,000 million, profit of ¥7,100 million or ¥81.24 basic per share. Aankondiging • Apr 07
JDC Corporation to Report Q3, 2022 Results on Apr 14, 2022 JDC Corporation announced that they will report Q3, 2022 results on Apr 14, 2022 Reported Earnings • Jan 15
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥16.86 (down from JP¥37.53 in 2Q 2021). Revenue: JP¥31.8b (down 6.8% from 2Q 2021). Net income: JP¥1.47b (down 55% from 2Q 2021). Profit margin: 4.6% (down from 9.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 01 February 2022. Trailing yield: 4.5%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.0%). Reported Earnings • Oct 16
First quarter 2022 earnings released: EPS JP¥8.34 (vs JP¥9.06 in 1Q 2021) The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥26.3b (flat on 1Q 2021). Net income: JP¥727.0m (down 7.7% from 1Q 2021). Profit margin: 2.8% (down from 3.0% in 1Q 2021). Reported Earnings • Jul 17
Full year 2021 earnings released: EPS JP¥88.92 (vs JP¥91.37 in FY 2020) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥117.8b (flat on FY 2020). Net income: JP¥7.71b (down 3.0% from FY 2020). Profit margin: 6.5% (down from 6.7% in FY 2020). Aankondiging • Jul 15
Jdc Corporation Provides Earnings Guidance for the Fiscal Year Ending May 31, 2022 JDC Corporation provided earnings guidance for the Fiscal Year Ending May 31, 2022, for the year, the company expects net sales of JPY 150,000 million, Operating Profit of JPY 10,200 million, Profit attributable to owners of parent of JPY 6,800 million and Basic earnings per share JPY 77.00 per share. Reported Earnings • Apr 17
Third quarter 2021 earnings released: EPS JP¥20.94 (vs JP¥4.42 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥25.5b (down 6.6% from 3Q 2020). Net income: JP¥1.82b (up 371% from 3Q 2020). Profit margin: 7.1% (up from 1.4% in 3Q 2020). Aankondiging • Apr 15
JDC Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending May 31, 2021 JDC Corporation provided consolidated and non-consolidated earnings guidance for the fiscal year ending May 31, 2021. For the period, on consolidated basis, the company expects net sales of JPY 130,000 million, operating profit of JPY 9,500 million, profit attributable to owners of parent of JPY 6,500 million and basic earnings per share of JPY 75.
For the period, on non-consolidated basis, the company expects net sales of JPY 114,000 million, operating profit of JPY 7,400 million, profit of JPY 5,100 million and basic earnings per share of JPY 58.85. Aankondiging • Mar 11
JDC Corporation to Report Q3, 2021 Results on Apr 14, 2021 JDC Corporation announced that they will report Q3, 2021 results on Apr 14, 2021