Valuation Update With 7 Day Price Move • 12h
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €9.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 67% over the past three years. Buy Or Sell Opportunity • 12h
Now 33% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to €9.90. The fair value is estimated to be €7.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period. Declared Dividend • Jul 26
Final dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 29th September 2026 Payment date: 30th November 2026 Dividend yield will be 424%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Jul 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.1% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.1% average weekly change). Buy Or Sell Opportunity • Jul 10
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 10% to €9.15. The fair value is estimated to be €7.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period. Aankondiging • May 14
Komori Corporation, Annual General Meeting, Jun 17, 2026 Komori Corporation, Annual General Meeting, Jun 17, 2026. Aankondiging • May 10
Komori Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Komori Corporation announced that they will report fiscal year 2026 results on May 14, 2026 Aankondiging • Feb 18
Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders. Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd made an offer to acquire Toin Corporation (TSE:7923) from a group of shareholders for ¥6 billion on March 21, 2025. A cash consideration valued at ¥1187 per share will be paid by Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd. The transaction is expected to close on February 16, 2026. Nomura Securities Co., Ltd. acted as financial advisor and Mori Hamada & Matsumoto LPC acted as legal advisor to Corporate Support Research Institute Co, Ltd. Anderson Mori & Tomotsune acted as legal advisor and Daiwa Securities Co. Ltd. acted as financial advisor to Toin Corporation.
Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders on February 16, 2026. As per the transaction, Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd acquired 92.13% stake in Toin Corporation and will acquired remaining shares via squeeze-out procedures. Aankondiging • Dec 18
Komori Corporation to Report Q3, 2026 Results on Jan 29, 2026 Komori Corporation announced that they will report Q3, 2026 results on Jan 29, 2026 Aankondiging • Sep 18
Komori Corporation to Report Q2, 2026 Results on Oct 29, 2025 Komori Corporation announced that they will report Q2, 2026 results on Oct 29, 2025 Aankondiging • Jun 21
Komori Corporation to Report Q1, 2026 Results on Jul 29, 2025 Komori Corporation announced that they will report Q1, 2026 results on Jul 29, 2025 Aankondiging • May 14
Komori Corporation, Annual General Meeting, Jun 18, 2025 Komori Corporation, Annual General Meeting, Jun 18, 2025. Aankondiging • Apr 25
Komori Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2025 Komori Corporation revised dividend guidance for the fiscal Year ending March 31, 2025. For the year, the company expected dividend of JPY 48.00 per share compared to previous guidance of JPY 35.00 per share. Reason of revision: KOMORI recognizes the continuous and stable return of profits to shareholders as one of top priorities. During the 7th Medium-Term Management Plan period (fiscal years ending March 2025, to March 2027), KOMORI aims for a total return ratio of 50% and a minimum annual dividend of JPY 40. In line with the revision of the earnings forecast for the fiscal year ending March 2025 announced, KOMORI has revised the year-end dividend forecast from the previous forecast, increasing it by JPY 13 to JPY 48. Combined with the interim dividend of JPY 20, the annual dividend forecast per share is expected to be JPY 68. Aankondiging • Mar 18
Komori Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Komori Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Aankondiging • Jan 30
Komori Corporation Revises Dividend Forecast for the Fiscal Year Ending March 31, 2025 Komori Corporation revised dividend forecast for the Fiscal Year Ending March 31, 2025. For the year, the company expects dividend of JPY 35.00 per share against JPY 30.00 per share. Reason of revision: KOMORI recognizes the continuous and stable return of profits to the shareholders as one of the top priorities. During the 7th Medium-Term Management Plan period (fiscal years ending March 2025, to March 2027), KOMORI aims for a total return ratio of 50% and a minimum annual dividend of 40 yen. In accordance with the progress of the financial plan for the fiscal year ending March 31, 2025, KOMORI has raised the previous year-end dividend forecast to JPY 35 per share, an increase of 5 yen. Combined with the interim dividend of 20 yen, the annual dividend forecast per share is expected to be 55 yen. Disclaimer: The dividend forecasts are based on information currently available to it as of the date of this document's release and, accordingly, involve risks and uncertainties that may cause actual results to differ materially from forecasts. Aankondiging • Dec 20
Komori Corporation to Report Q3, 2025 Results on Jan 30, 2025 Komori Corporation announced that they will report Q3, 2025 results on Jan 30, 2025 Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥7.24 (vs JP¥21.09 in 2Q 2024) Second quarter 2025 results: EPS: JP¥7.24 (down from JP¥21.09 in 2Q 2024). Revenue: JP¥25.8b (down 7.0% from 2Q 2024). Net income: JP¥384.0m (down 66% from 2Q 2024). Profit margin: 1.5% (down from 4.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 29 November 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.5%). Aankondiging • Sep 20
Komori Corporation to Report Q2, 2025 Results on Oct 31, 2024 Komori Corporation announced that they will report Q2, 2025 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €5.45, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 15x in the Machinery industry in Germany. Total returns to shareholders of 4.8% over the past three years. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: JP¥11.70 (vs JP¥0.28 in 1Q 2024) First quarter 2025 results: EPS: JP¥11.70 (up from JP¥0.28 in 1Q 2024). Revenue: JP¥24.3b (up 26% from 1Q 2024). Net income: JP¥621.0m (up JP¥606.0m from 1Q 2024). Profit margin: 2.6% (up from 0.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 23
Komori Corporation to Report Q1, 2025 Results on Jul 30, 2024 Komori Corporation announced that they will report Q1, 2025 results on Jul 30, 2024 Reported Earnings • Jun 23
Full year 2024 earnings released: EPS: JP¥86.78 (vs JP¥105 in FY 2023) Full year 2024 results: EPS: JP¥86.78 (down from JP¥105 in FY 2023). Revenue: JP¥104.3b (up 6.5% from FY 2023). Net income: JP¥4.64b (down 19% from FY 2023). Profit margin: 4.5% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥86.77 (vs JP¥105 in FY 2023) Full year 2024 results: EPS: JP¥86.77 (down from JP¥105 in FY 2023). Revenue: JP¥104.3b (up 6.5% from FY 2023). Net income: JP¥4.64b (down 19% from FY 2023). Profit margin: 4.5% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Aankondiging • May 16
Komori Corporation, Annual General Meeting, Jun 18, 2024 Komori Corporation, Annual General Meeting, Jun 18, 2024. Aankondiging • Mar 23
Komori Corporation to Report Fiscal Year 2024 Results on May 14, 2024 Komori Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 20 June 2024. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.2%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥2.69 (vs JP¥7.87 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥2.69 (up from JP¥7.87 loss in 3Q 2023). Revenue: JP¥22.1b (up 8.5% from 3Q 2023). Net income: JP¥143.0m (up JP¥572.0m from 3Q 2023). Profit margin: 0.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 20
Komori Corporation to Report Q3, 2024 Results on Jan 31, 2024 Komori Corporation announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: JP¥21.09 (vs JP¥42.11 in 2Q 2023) Second quarter 2024 results: EPS: JP¥21.09 (down from JP¥42.11 in 2Q 2023). Revenue: JP¥27.8b (up 3.1% from 2Q 2023). Net income: JP¥1.13b (down 51% from 2Q 2023). Profit margin: 4.1% (down from 8.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 23
Komori Corporation to Report Q2, 2024 Results on Oct 30, 2023 Komori Corporation announced that they will report Q2, 2024 results on Oct 30, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.8%). New Risk • Aug 01
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: 4.9% Last year net profit margin: 8.2% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.9% net profit margin). Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥0.28 (vs JP¥17.83 in 1Q 2023) First quarter 2024 results: EPS: JP¥0.28 (down from JP¥17.83 in 1Q 2023). Revenue: JP¥19.4b (up 1.0% from 1Q 2023). Net income: JP¥15.0m (down 99% from 1Q 2023). Profit margin: 0.1% (down from 5.1% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 22
Komori Corporation to Report Q1, 2024 Results on Jul 31, 2023 Komori Corporation announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • Jun 22
Full year 2023 earnings released: EPS: JP¥105 (vs JP¥111 in FY 2022) Full year 2023 results: EPS: JP¥105 (down from JP¥111 in FY 2022). Revenue: JP¥97.9b (up 12% from FY 2022). Net income: JP¥5.72b (down 7.2% from FY 2022). Profit margin: 5.8% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • May 17
Komori Corporation, Annual General Meeting, Jun 19, 2023 Komori Corporation, Annual General Meeting, Jun 19, 2023. Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥105 (vs JP¥111 in FY 2022) Full year 2023 results: EPS: JP¥105 (down from JP¥111 in FY 2022). Revenue: JP¥97.9b (up 12% from FY 2022). Net income: JP¥5.72b (down 7.2% from FY 2022). Profit margin: 5.8% (down from 7.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • May 16
Komori Corporation (TSE:6349) announces an Equity Buyback for 1,500,000 shares, representing 2.74% for ¥1,500 million. Komori Corporation (TSE:6349) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 2.74% of its total shares outstanding (excluding treasury shares), for a total of ¥1,500 million. The purpose of repurchase program is to improve shareholder returns and capital efficiency, and to implement a flexible capital policy that responds to the business environment. The repurchased shares will be cancelled. The repurchase program is valid till January 31, 2024. As of March 31, 2023, the company had 54,773,760 shares outstanding (excluding treasury shares) and had 2,116,980 shares in treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • Feb 02
Third quarter 2023 earnings released: JP¥7.87 loss per share (vs JP¥13.90 profit in 3Q 2022) Third quarter 2023 results: JP¥7.87 loss per share (down from JP¥13.90 profit in 3Q 2022). Revenue: JP¥20.4b (down 13% from 3Q 2022). Net loss: JP¥429.0m (down 155% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Aankondiging • Dec 21
Komori Corporation to Report Q3, 2023 Results on Jan 31, 2023 Komori Corporation announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 18
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 4 independent directors (6 non-independent directors). Outside Independent Director Toshiro Maruyama was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Nov 03
Komori Corporation Revises Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2023 Komori Corporation revised consolidated earnings guidance for the first half and full year of Fiscal Year Ending March 31, 2023. For the first half, the company revised the net sales to JPY 46,097 million, operating income to JPY 2,726 million, profit attributable to owners of Parent to JPY 3,268 million and basic earnings per Share of JPY 59.95. The previous guidance of Net Sales were JPY 47,400 million, operating income was JPY 1,500 million, profit attributable to owners of parent was JPY 1,400 million and basic earnings per Share of JPY 25.68.For the full year, the company revised the net sales to JPY 98,000 million, operating income to JPY 4,400 million, profit attributable to owners of Parent to JPY 4,200 million and basic earnings per Share of JPY 77.03. the previous guidance of Net Sales were JPY 92,800 million, operating income was JPY 3,400 million, profit attributable to owners of parent was JPY 2,900 million and basic earnings per Share of JPY 53.19. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥42.11 (vs JP¥65.81 in 2Q 2022) Second quarter 2023 results: EPS: JP¥42.11 (down from JP¥65.81 in 2Q 2022). Revenue: JP¥26.9b (up 25% from 2Q 2022). Net income: JP¥2.30b (down 38% from 2Q 2022). Profit margin: 8.5% (down from 17% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.2%). Aankondiging • Sep 22
Komori Corporation to Report Q2, 2023 Results on Oct 28, 2022 Komori Corporation announced that they will report Q2, 2023 results on Oct 28, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥17.83 (vs JP¥1.65 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥17.83 (up from JP¥1.65 loss in 1Q 2022). Revenue: JP¥19.2b (up 3.0% from 1Q 2022). Net income: JP¥972.0m (up JP¥1.06b from 1Q 2022). Profit margin: 5.1% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 24
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥87.6b (up 22% from FY 2021). Net income: JP¥6.16b (up JP¥8.23b from FY 2021). Profit margin: 7.0% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Aankondiging • Jun 22
Komori Corporation to Report Q1, 2023 Results on Jul 29, 2022 Komori Corporation announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥111 (vs JP¥36.98 loss in FY 2021) Full year 2022 results: EPS: JP¥111 (up from JP¥36.98 loss in FY 2021). Revenue: JP¥87.6b (up 22% from FY 2021). Net income: JP¥6.16b (up JP¥8.23b from FY 2021). Profit margin: 7.0% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Aankondiging • May 15
Komori Corporation, Annual General Meeting, Jun 20, 2022 Komori Corporation, Annual General Meeting, Jun 20, 2022. Aankondiging • May 14
Komori Corporation Proposes the Payment of Dividends for the Fiscal Year Ended March 31, 2022 Komori Corporation announced that its Board of Directors resolved at a meeting held on May 13, 2022 to propose the payment of dividends of JPY 41.00 per share for the fiscal year ended March 31, 2022, with the record date set at March 31, 2022, to the 76th Annual General Meeting of Shareholders scheduled for June 20, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Outside Independent Director Toshiro Maruyama was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 08
Komori Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Komori Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.9%). Aankondiging • Feb 07
Komori Corporation Announces Dividend Guidance for the Full Year Ending March 31, 2022 Komori Corporation announced dividend guidance for the full year ending March 31, 2022. The company expects year-end dividend of JPY 20 per share compared to JPY 10 per share paid a year ago. Aankondiging • Jan 31
Komori Corporation Revises Consolidated Earnings Guidance for the Year Ending March 31, 2022 Komori Corporation revised consolidated earnings guidance for the year ending March 31, 2022. For the year, the company revised net sales of JPY 86,000 million compared to previous guidance of JPY 88,000 million. Operating income of JPY 1,500 million compared to previous guidance of JPY 1,000 million. profit attributable to owners of parent of JPY 3,900 million or JPY 69.77 per share compared to previous guidance of JPY 3,600 million or JPY 64.37 per share . Reported Earnings • Jan 28
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥13.90 (up from JP¥12.12 loss in 3Q 2021). Revenue: JP¥23.4b (up 35% from 3Q 2021). Net income: JP¥776.0m (up JP¥1.45b from 3Q 2021). Profit margin: 3.3% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 17% per year. Aankondiging • Dec 02
Komori Corporation (TSE:6349) announces an Equity Buyback for 1,500,000 shares, representing 2.67% for ¥1,000 million. Komori Corporation (TSE:6349) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 2.67% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,000 million. The purpose of the program is to implement a flexible capital policy and to improve shareholder return and capital efficiency. The program will continue through June 30, 2022. As of September 30, 2021, the company had 56,175,981 issued shares (excluding treasury stock) and 2,116,359 treasury shares. Reported Earnings • Oct 30
Second quarter 2022 earnings released: EPS JP¥65.80 (vs JP¥1.36 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥21.5b (up 6.2% from 2Q 2021). Net income: JP¥3.68b (up JP¥3.76b from 2Q 2021). Profit margin: 17% (up from net loss in 2Q 2021). 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 17% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%). Aankondiging • Aug 08
Komori Corporation Provides Earnings Guidance for the Six Months Ending September 30, 2021 and the Full Year Ending March 31, 2022 Komori Corporation provided earnings guidance for the six months ending September 30, 2021 and the full year ending March 31, 2022. For the six months, the company expected net sales of JPY 42,000 million, operating income of JPY 300 million, Profit of JPY 2,800 million or Basic EPS of 50.07.
For the fiscal year ending March 31, 2022, the company expected net sales of JPY 90,000 million, operating income of JPY 1,900 million, Profit of JPY 4,300 million or Basic EPS of 76.89. Reported Earnings • Aug 03
First quarter 2022 earnings released: JP¥1.65 loss per share (vs JP¥2.56 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥18.6b (up 36% from 1Q 2021). Net loss: JP¥92.0m (loss narrowed 36% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 26
Full year 2021 earnings released: JP¥36.98 loss per share (vs JP¥450 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: JP¥71.8b (down 7.5% from FY 2020). Net loss: JP¥2.07b (loss narrowed 92% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 18
Komori Corporation Revises Earnings Forecast for the First Half Ending September 30, 2021 and Full Year Ending March 31, 2022 Komori Corporation revised earnings forecast for the first half ending September 30, 2021 and full year ending March 31, 2022. For the half, the company revised forecast of net sales of JPY 42,000 million against previous guidance of JPY 42,000 million. Revised forecast of Operating income of JPY 300 million against previous guidance of JPY 300 million. Revised forecast of Profit Attributable to Owners of Parent of JPY 2,800 million against previous guidance of JPY 200 million. Revised forecast of Basic Earnings per Share of JPY 50.07 against previous guidance of JPY 3.58.
For the year, the company revised forecast of net sales of JPY 90,000 million against previous guidance of JPY 90,000 million. Revised forecast of Operating income of JPY 1,900 million against previous guidance of JPY 1,900 million. Revised forecast of Profit Attributable to Owners of Parent of JPY 4,300 million against previous guidance of JPY 1,700 million. Revised forecast of Basic Earnings per Share of JPY 76.89 against previous guidance of JPY 30.40. Aankondiging • Jun 02
Komori Corporation Updates Earnings Guidance for the Year Ending March 31, 2024 Komori Corporation updated earnings guidance for the year ending March 31, 2024. For the year, the company expected Net sales on increase from previous guidance of ¥116.0 billion to ¥110.0 billion. Operating income to increase from previous guidance of ¥10.0 billion compared to ¥7.7 billion. Reported Earnings • May 17
Full year 2021 earnings released: JP¥36.98 loss per share (vs JP¥450 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: JP¥71.8b (down 7.5% from FY 2020). Net loss: JP¥2.07b (loss narrowed 92% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.2%). Reported Earnings • Feb 11
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥17.4b (up 17% from 3Q 2020). Net loss: JP¥678.0m (loss narrowed 32% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 03
Komori Corporation (TSE:6349) completed the acquisition of additional 7.8% stake in HIMARAYA Co.,Ltd. (TSE:7514) for approximately ¥780 million. Komori Corporation (TSE:6349) made an offer to acquire an additional 8.08% stake in HIMARAYA Co.,Ltd. (TSE:7514) for approximately ¥800 million on December 28, 2020. Under the terms of the offer, Komori will acquire a minimum of 0.97 million shares and a maximum of 0.99 million shares at a price of ¥805 per share. Komori does not plan to delist HIMARAYA, post completion. The offer period is from January 4, 201 to February 2, 2021.
Komori Corporation (TSE:6349) completed the acquisition of additional 7.8% stake in HIMARAYA Co.,Ltd. (TSE:7514) for approximately ¥780 million on February 2, 2021 Tokai Tokyo Securities Co., Ltd. acted as transfer agent to HIMARAYA Co.,Ltd. Is New 90 Day High Low • Jan 30
New 90-day low: €5.30 The company is down 2.0% from its price of €5.40 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period. Reported Earnings • Jan 28
Third quarter 2021 earnings released: JP¥12.12 loss per share (vs JP¥17.86 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥17.4b (up 17% from 3Q 2020). Net loss: JP¥678.0m (loss narrowed 32% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 06
New 90-day low: €5.35 The company is down 10.0% from its price of €5.95 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 11% over the same period. Aankondiging • Dec 30
Komori Corporation (TSE:6349) made an offer to acquire an additional 8.08% stake in HIMARAYA Co.,Ltd. (TSE:7514) for approximately ¥800 million. Komori Corporation (TSE:6349) made an offer to acquire an additional 8.08% stake in HIMARAYA Co.,Ltd. (TSE:7514) for approximately ¥800 million on December 28, 2020. Under the terms of the offer, Komori will acquire a minimum of 0.97 million shares and a maximum of 0.99 million shares at a price of ¥805 per share. Komori does not plan to delist HIMARAYA post completion. The offer period is from January 4, 201 to February 2, 2021. 
