Reported Earnings • Aug 09
First quarter 2027 earnings released: EPS: JP¥36.82 (vs JP¥45.94 in 1Q 2026) First quarter 2027 results: EPS: JP¥36.82 (down from JP¥45.94 in 1Q 2026). Revenue: JP¥157.9b (up 9.2% from 1Q 2026). Net income: JP¥6.48b (down 20% from 1Q 2026). Profit margin: 4.1% (down from 5.6% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Declared Dividend • Jul 26
Final dividend of JP¥55.00 announced Shareholders will receive a dividend of JP¥55.00. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 392%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jun 27
Kansai Paint Co., Ltd. (TSE:4613) announces an Equity Buyback for 5,000,000 shares, representing 2.81% for ¥10,000 million. Kansai Paint Co., Ltd. (TSE:4613) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 2.81% of its issued share capital (excluding treasury stock), for ¥10,000 million. The purpose of the program is to increase capital efficiency and enhance shareholder returns. Repurchased shares will be cancelled. The program will run until August 2, 2027. As of May 31, 2026, the company had 177,972,723 shares in issue (excluding treasury stock) and 3,557 shares in treasury. Board Change • May 20
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. Chairman & President Kunishi Mori is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • May 11
Kansai Paint Co., Ltd., Annual General Meeting, Jun 26, 2026 Kansai Paint Co., Ltd., Annual General Meeting, Jun 26, 2026. Aankondiging • Apr 11
Kansai Paint Co., Ltd. Announces Resignation of Nishibayashi Hitoshi as Representative Director and Director, Effective April 11, 2025 On 11th April 2025 Kansai Paint Co., Ltd. announced NISHIBAYASHI Hitoshi, Representative Director of the Board and Senior Managing Executive Officer of the Company, tendered his resignation as Representative Director and Director for health reasons, and Board of Directors has accepted it. Next position: Corporate Advisor. Current position: Representative Director of the Board, Senior Managing Executive Officer, Head of Business Unit and Head of Europe Business Segment. Effective date: 11th April 2025. Aankondiging • Feb 27
Kansai Paint Co., Ltd. Appoints Takahara Shigeki as Director of the Board, Effective from April 1, 2025 Kansai Paint Co., Ltd. appointed TAKAHARA Shigeki as Director of the Board from the present post Representative Director of the Board, Vice President, Executive Officer, effective from April 1, 2025. Aankondiging • Feb 08
Kansai Paint Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025 Kansai Paint Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expects net sales of JPY 580,000 million compared to previous guidance of JPY 610,000 million, operating income of JPY 52,000 million compared to previous guidance of JPY 56,000 million, Net income attributable to owners of parent of JPY 40,000 million compared to previous guidance of JPY 40,000 million and basic earnings per share of JPY JPY 210.70 million compared to previous guidance of 207.44. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥19.85 (vs JP¥39.05 in 2Q 2024) Second quarter 2025 results: EPS: JP¥19.85 (down from JP¥39.05 in 2Q 2024). Revenue: JP¥148.7b (up 8.1% from 2Q 2024). Net income: JP¥3.81b (down 57% from 2Q 2024). Profit margin: 2.6% (down from 6.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.1%). New Risk • Aug 12
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: 7.2% Last year net profit margin: 11% 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 are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (7.2% net profit margin). Reported Earnings • Aug 12
First quarter 2025 earnings released: EPS: JP¥57.45 (vs JP¥165 in 1Q 2024) First quarter 2025 results: EPS: JP¥57.45 (down from JP¥165 in 1Q 2024). Revenue: JP¥145.4b (up 6.6% from 1Q 2024). Net income: JP¥11.9b (down 68% from 1Q 2024). Profit margin: 8.2% (down from 28% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 11
Final dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 155%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 26% over the next 3 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €15.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Chemicals industry in Germany. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.23 per share. Aankondiging • May 31
Kansai Paint Co., Ltd. (TSE:4613) announces an Equity Buyback for 40,000,000 shares, representing 19.01% for ¥80,000 million. Kansai Paint Co., Ltd. (TSE:4613) announces a share repurchase program. Under the program, the company will repurchase up to 40,000,000 shares, representing 19.01% of its issued share capital (excluding treasury stock), for ¥80,000 million. The purpose of the program is to improve capital efficiency and expand shareholder returns. Repurchased shares will be cancelled. The program will run until May 30, 2025. As of April 30, 2024, the company had 210,420,958 shares in issue (excluding treasury stock) and 512 shares in treasury. Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥299 (vs JP¥105 in FY 2023) Full year 2024 results: EPS: JP¥299 (up from JP¥105 in FY 2023). Revenue: JP¥562.3b (up 11% from FY 2023). Net income: JP¥67.1b (up 166% from FY 2023). Profit margin: 12% (up from 4.9% in FY 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Aankondiging • May 11
Kansai Paint Co., Ltd approves to Pay Dividends of Surplus, Payable June 28, 2024 Kansai Paint Co., Ltd. announced that it has resolved, at a meeting of the Board of Directors held on May 10, 2024, to pay dividends of surplus with a record date of March 31, 2024. The details are described below. Further, this resolution is to be proposed at the general meeting of shareholders to be held on June 27, 2024. Dividend Per share: JPY 22.00. Effective date June 28, 2024. Total amount of dividends JPY 4,629 million .Record date: March 31, 2024. Buy Or Sell Opportunity • Apr 30
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to €11.90. The fair value is estimated to be €15.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are forecast to decline by 22% per annum over the same time period. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.9%). Aankondiging • Mar 15
Kansai Paint Co., Ltd., Annual General Meeting, Jun 27, 2024 Kansai Paint Co., Ltd., Annual General Meeting, Jun 27, 2024. Aankondiging • Feb 28
Kansai Paint Co., Ltd. Announces Management Changes, Effective April 1, 2024 Kansai Paint Co., Ltd. announced that the Company determined the increase of representative at the meeting of the Board. Detail of the change: Scheduled date of the change is April 1, 2024. Representative Director and Senior Managing Executive Officer, and Chief of International Business Unit is NISHIBAYASHI Hitoshi (Present post - Director of the Board, Managing Executive Officer, and Chief of International Business Unit). Career of the new representative director, etc.: Born on May 31, 1963 . Career: April 1987 - Joined Kansai Paint, April 2015 - Deputy Head of Automotive Refinish, Decorative and Protective Coatings Business Div., April 2019 - Executive Officer, and Deputy General Manager of Corporate Business Development Div., June 2020 - Director of the Board, Managing Executive Officer, and Head of International Business Unit., July 2020 - Director of the Board, and Managing Executive Officer in charge of Corporate Planning & Finance, April 2021- Director of the Board, Managing Executive Officer, and Chief of International Business Unit (current). Aankondiging • Feb 22
Kansai Paint Co., Ltd. (TSE:4613) announces an Equity Buyback for 20,000,000 shares, representing 8.78% for ¥40,000 million. Kansai Paint Co., Ltd. (TSE:4613) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 8.78% of its issued share capital (excluding treasury stock), for ¥40,000 million. The purpose of the program is improving capital efficiency such as ROE and net income per share (EPS) and increasing shareholder returns. Repurchased shares will be cancelled. The program will run until February 21, 2025. As of January 31, 2024, the company had 227,887,041 shares in issue (excluding treasury stock) and 10,736,229 shares in treasury. New Risk • Feb 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 21% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Buy Or Sell Opportunity • Feb 07
Now 21% undervalued Over the last 90 days, the stock has risen 4.3% to €14.60. The fair value is estimated to be €18.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are forecast to decline by 19% per annum over the same time period. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥39.05 (vs JP¥24.61 in 2Q 2023) Second quarter 2024 results: EPS: JP¥39.05 (up from JP¥24.61 in 2Q 2023). Revenue: JP¥137.6b (up 5.6% from 2Q 2023). Net income: JP¥8.84b (up 49% from 2Q 2023). Profit margin: 6.4% (up from 4.5% in 2Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Buying Opportunity • Oct 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.8%. The fair value is estimated to be €15.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 6.5% in 2 years. Earnings is forecast to decline by 39% in the next 2 years. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥18.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%). New Risk • Aug 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 19% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥165 (vs JP¥25.18 in 1Q 2023) First quarter 2024 results: EPS: JP¥165 (up from JP¥25.18 in 1Q 2023). Revenue: JP¥136.4b (up 13% from 1Q 2023). Net income: JP¥37.6b (up 483% from 1Q 2023). Profit margin: 28% (up from 5.4% in 1Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥105 (vs JP¥103 in FY 2022) Full year 2023 results: EPS: JP¥105. Revenue: JP¥509.1b (up 21% from FY 2022). Net income: JP¥25.2b (down 5.0% from FY 2022). Profit margin: 4.9% (down from 6.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 14% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥18.87 (vs JP¥24.08 in 3Q 2022) Third quarter 2023 results: EPS: JP¥18.87 (down from JP¥24.08 in 3Q 2022). Revenue: JP¥132.3b (up 22% from 3Q 2022). Net income: JP¥4.42b (down 29% from 3Q 2022). Profit margin: 3.3% (down from 5.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥24.61 (vs JP¥23.90 in 2Q 2022) Second quarter 2023 results: EPS: JP¥24.61. Revenue: JP¥130.3b (up 23% from 2Q 2022). Net income: JP¥5.92b (down 3.6% from 2Q 2022). Profit margin: 4.5% (down from 5.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Germany. Board Change • Nov 16
Less than half of directors are independent 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: 3 independent directors. 5 non-independent directors. Independent Outside Director Tomoko Ando was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥24.61 (vs JP¥23.90 in 2Q 2022) Second quarter 2023 results: EPS: JP¥24.61. Revenue: JP¥130.3b (up 23% from 2Q 2022). Net income: JP¥5.92b (down 3.6% from 2Q 2022). Profit margin: 4.5% (down from 5.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Germany. 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: 02 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%). Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥25.18 (vs JP¥20.80 in 1Q 2022) First quarter 2023 results: EPS: JP¥25.18 (up from JP¥20.80 in 1Q 2022). Revenue: JP¥120.4b (up 23% from 1Q 2022). Net income: JP¥6.45b (up 21% from 1Q 2022). Profit margin: 5.4% (down from 5.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.3%, compared to a 3.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 13
Full year 2022 earnings released: EPS: JP¥103 (vs JP¥77.91 in FY 2021) Full year 2022 results: EPS: JP¥103 (up from JP¥77.91 in FY 2021). Revenue: JP¥419.2b (up 15% from FY 2021). Net income: JP¥26.5b (up 32% from FY 2021). Profit margin: 6.3% (up from 5.5% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.4%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Outside Audit & Supervisory Board Member Colin P. A. Jones is the most experienced director on the board, commencing their role in 2019. Independent Outside Director Tomoko Ando was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.7%). Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €14.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 9x in the Chemicals industry in Germany. Total loss to shareholders of 9.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €21.56 per share. Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥24.08 (down from JP¥32.11 in 3Q 2021). Revenue: JP¥108.3b (up 5.7% from 3Q 2021). Net income: JP¥6.19b (down 25% from 3Q 2021). Profit margin: 5.7% (down from 8.1% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 4.1%, compared to a 6.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥23.90 (vs JP¥8.29 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥105.5b (up 25% from 2Q 2021). Net income: JP¥6.14b (up 188% from 2Q 2021). Profit margin: 5.8% (up from 2.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%). Reported Earnings • Aug 08
First quarter 2022 earnings released: EPS JP¥20.80 (vs JP¥8.36 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥97.8b (up 25% from 1Q 2021). Net income: JP¥5.35b (up 149% from 1Q 2021). Profit margin: 5.5% (up from 2.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Aankondiging • Aug 08
Kansai Paint Co., Ltd. Provides Earnings Guidance for the Full Year Ending March 31, 2022 Kansai Paint Co., Ltd. provided earnings guidance for the full year ending March 31, 2022. For the year, the company expects net sales of ¥400,000 million, operating income of ¥38,000 million, net income attributable to owners of the parent of ¥26,000 million and net income per share of ¥101.17. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥77.91 (vs JP¥71.87 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥364.6b (down 10% from FY 2020). Net income: JP¥20.0b (up 8.4% from FY 2020). Profit margin: 5.5% (up from 4.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%). Aankondiging • Mar 04
Kansai Paint Co., Ltd. to Report Fiscal Year 2021 Results on May 12, 2021 Kansai Paint Co., Ltd. announced that they will report fiscal year 2021 results on May 12, 2021 Is New 90 Day High Low • Feb 25
New 90-day low: €21.80 The company is down 12% from its price of €24.80 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.26 per share. Analyst Estimate Surprise Post Earnings • Feb 10
Revenue beats expectations Revenue exceeded analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 6.4%, compared to a 5.1% growth forecast for the Chemicals industry in Germany. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥32.11 (vs JP¥25.02 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥102.4b (flat on 3Q 2020). Net income: JP¥8.25b (up 28% from 3Q 2020). Profit margin: 8.1% (up from 6.3% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Aankondiging • Feb 08
Kansai Paint Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2021 Kansai Paint Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2021. For the year, the company expected now net sales of JPY 355,000 million compared to previous guidance of JPY 330,000 million, operating income of JPY 30,000 million compared to previous guidance of JPY 18,000 million and net income attributable to owners of the parent of JPY 17,000 million compared to previous guidance of JPY 10,000 million or net income per share of JPY 66.13 compared to previous guidance of JPY 38.90. Aankondiging • Nov 29
Kansai Paint Co., Ltd. to Report Q3, 2021 Results on Feb 08, 2021 Kansai Paint Co., Ltd. announced that they will report Q3, 2021 results on Feb 08, 2021 Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥8.29 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥84.4b (down 19% from 2Q 2020). Net income: JP¥2.13b (down 62% from 2Q 2020). Profit margin: 2.5% (down from 5.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 07
New 90-day high: €22.60 The company is up 35% from its price of €16.70 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.94 per share. Is New 90 Day High Low • Oct 12
New 90-day high: €21.20 The company is up 23% from its price of €17.20 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.96 per share. Is New 90 Day High Low • Sep 24
New 90-day high: €21.00 The company is up 14% from its price of €18.40 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.23 per share. Aankondiging • Aug 30
Kansai Paint Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Kansai Paint Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020