Reported Earnings • Aug 10
First quarter 2027 earnings released: EPS: JP¥31.79 (vs JP¥18.92 in 1Q 2026) First quarter 2027 results: EPS: JP¥31.79 (up from JP¥18.92 in 1Q 2026). Revenue: JP¥6.82b (flat on 1Q 2026). Net income: JP¥1.07b (up 53% from 1Q 2026). Profit margin: 16% (up from 10% in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jun 11
Tomoe Corporation to Report Q1, 2027 Results on Aug 07, 2026 Tomoe Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥170 (vs JP¥372 in FY 2025) Full year 2026 results: EPS: JP¥170 (down from JP¥372 in FY 2025). Revenue: JP¥35.0b (flat on FY 2025). Net income: JP¥6.23b (down 58% from FY 2025). Profit margin: 18% (down from 43% in FY 2025). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 14
Tomoe Corporation, Annual General Meeting, Jun 26, 2026 Tomoe Corporation, Annual General Meeting, Jun 26, 2026. Aankondiging • May 09
Tomoe Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Tomoe Corporation announced that they will report fiscal year 2026 results at 12:00 PM, Tokyo Standard Time on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%). Aankondiging • Feb 25
Tomoe Corporation (TSE:1921) announces an Equity Buyback for 4,000,000 shares, representing 10.84% for ¥8,040 million. Tomoe Corporation (TSE:1921) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 10.84% of its issued share capital (excluding treasury stock), for a total purchase price of ¥8,040 million. The shares will be repurchased at a price of ¥2,010 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of January 31, 2026, the company has 36,896,695 issued shares (excluding treasury stock) and 3,866,351 treasury shares. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥19.49 (vs JP¥23.76 in 3Q 2025) Third quarter 2026 results: EPS: JP¥19.49 (down from JP¥23.76 in 3Q 2025). Revenue: JP¥7.73b (down 17% from 3Q 2025). Net income: JP¥719.0m (down 25% from 3Q 2025). Profit margin: 9.3% (down from 10% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jan 30
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 Japanese stocks, typically moving 5.3% 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 Share price has been volatile over the past 3 months (5.3% average weekly change). Profit margins are more than 30% lower than last year (7.5% net profit margin). Declared Dividend • Jan 08
Dividend of JP¥24.00 announced Shareholders will receive a dividend of JP¥24.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Jan 07
Tomoe Corporation announces Annual dividend, payable on June 30, 2026 Tomoe Corporation announced Annual dividend of JPY 24.0000 per share payable on June 30, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Aankondiging • Dec 16
Tomoe Corporation to Report Q3, 2026 Results on Feb 12, 2026 Tomoe Corporation announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥5.56 (vs JP¥311 in 2Q 2025) Second quarter 2026 results: EPS: JP¥5.56 (down from JP¥311 in 2Q 2025). Revenue: JP¥5.95b (down 35% from 2Q 2025). Net income: JP¥205.0m (down 98% from 2Q 2025). Profit margin: 3.4% (down from 137% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥2,161, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 519% over the past three years. Buy Or Sell Opportunity • Oct 20
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 2.8% to JP¥1,560. The fair value is estimated to be JP¥1,281, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 73%. Buy Or Sell Opportunity • Oct 03
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 2.2% to JP¥1,562. The fair value is estimated to be JP¥1,282, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 73%. Aankondiging • Sep 03
Tomoe Corporation to Report Q2, 2026 Results on Nov 14, 2025 Tomoe Corporation announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥18.92 (vs JP¥21.47 in 1Q 2025) First quarter 2026 results: EPS: JP¥18.92 (down from JP¥21.47 in 1Q 2025). Revenue: JP¥6.77b (down 11% from 1Q 2025). Net income: JP¥698.0m (down 20% from 1Q 2025). Profit margin: 10% (down from 12% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. New Risk • Jul 11
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 Japanese stocks, typically moving 5.5% 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 Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Aankondiging • Jun 18
Tomoe Corporation to Report Q1, 2026 Results on Aug 08, 2025 Tomoe Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥364 (vs JP¥69.33 in FY 2024) Full year 2025 results: EPS: JP¥364 (up from JP¥69.33 in FY 2024). Revenue: JP¥34.7b (up 4.0% from FY 2024). Net income: JP¥14.5b (up 422% from FY 2024). Profit margin: 42% (up from 8.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Aankondiging • May 14
Tomoe Corporation, Annual General Meeting, Jun 27, 2025 Tomoe Corporation, Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,292, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 10x in the Construction industry in Japan. Total returns to shareholders of 211% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 4.3% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%). Aankondiging • Mar 14
Tomoe Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Tomoe Corporation announced that they will report fiscal year 2025 results on May 14, 2025 New Risk • Feb 23
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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. Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥23.76 (vs JP¥16.97 in 3Q 2024) Third quarter 2025 results: EPS: JP¥23.76 (up from JP¥16.97 in 3Q 2024). Revenue: JP¥9.29b (up 12% from 3Q 2024). Net income: JP¥962.0m (up 41% from 3Q 2024). Profit margin: 10% (up from 8.2% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 14
Tomoe Corporation (TSE:1921) announces an Equity Buyback for 3,600,000 shares, representing 8.89% for ¥4,334.4 million. Tomoe Corporation (TSE:1921) announces a share repurchase program. Under the program, the company will repurchase up to 3,600,000 shares, representing 8.89% of its outstanding shares excluding treasury shares for ¥4,334.4 million. The program will be valid until February 14, 2025. As of September 30, 2025, the company had 40,496,991 outstanding shares excluding treasury shares and 266,055 shares in treasury. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,304, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 185% over the past three years. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,132, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 161% over the past three years. Aankondiging • Dec 12
Tomoe Corporation to Report Q3, 2025 Results on Feb 13, 2025 Tomoe Corporation announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Dec 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). New Risk • Nov 06
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 Japanese stocks, typically moving 6.9% 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 (6.9% average weekly change). Aankondiging • Sep 12
Tomoe Corporation to Report Q2, 2025 Results on Nov 12, 2024 Tomoe Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥21.47 (vs JP¥16.42 in 1Q 2024) First quarter 2025 results: EPS: JP¥21.47 (up from JP¥16.42 in 1Q 2024). Revenue: JP¥7.58b (down 6.6% from 1Q 2024). Net income: JP¥869.0m (up 33% from 1Q 2024). Profit margin: 12% (up from 8.0% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Aug 09
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to JP¥885. The fair value is estimated to be JP¥726, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 11%. Aankondiging • Jun 28
Tomoe Corporation to Report Q1, 2025 Results on Aug 09, 2024 Tomoe Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Buy Or Sell Opportunity • May 24
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to JP¥771. The fair value is estimated to be JP¥626, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 11%. Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥69.32 (vs JP¥80.20 in FY 2023) Full year 2024 results: EPS: JP¥69.32 (down from JP¥80.20 in FY 2023). Revenue: JP¥33.3b (down 7.3% from FY 2023). Net income: JP¥2.78b (down 12% from FY 2023). Profit margin: 8.3% (down from 8.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 16
Tomoe Corporation, Annual General Meeting, Jun 27, 2024 Tomoe Corporation, Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.7%). Aankondiging • Mar 02
Tomoe Corporation to Report Fiscal Year 2024 Results on May 14, 2024 Tomoe Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: JP¥16.97 (vs JP¥24.23 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.97 (down from JP¥24.23 in 3Q 2023). Revenue: JP¥8.30b (down 24% from 3Q 2023). Net income: JP¥684.0m (down 29% from 3Q 2023). Profit margin: 8.2% (down from 8.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year. Aankondiging • Dec 02
Tomoe Corporation to Report Q3, 2024 Results on Feb 13, 2024 Tomoe Corporation announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 17
Second quarter 2024 earnings released: EPS: JP¥18.06 (vs JP¥9.32 in 2Q 2023) Second quarter 2024 results: EPS: JP¥18.06 (up from JP¥9.32 in 2Q 2023). Revenue: JP¥8.48b (up 18% from 2Q 2023). Net income: JP¥725.0m (up 97% from 2Q 2023). Profit margin: 8.6% (up from 5.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year. Aankondiging • Sep 01
Tomoe Corporation to Report Q2, 2024 Results on Nov 13, 2023 Tomoe Corporation announced that they will report Q2, 2024 results on Nov 13, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥16.42 (vs JP¥18.72 in 1Q 2023) First quarter 2024 results: EPS: JP¥16.42 (down from JP¥18.72 in 1Q 2023). Revenue: JP¥8.12b (up 23% from 1Q 2023). Net income: JP¥652.0m (down 12% from 1Q 2023). Profit margin: 8.0% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year. Aankondiging • Jun 03
Tomoe Corporation to Report Q1, 2024 Results on Aug 10, 2023 Tomoe Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥80.20 (vs JP¥69.64 in FY 2022) Full year 2023 results: EPS: JP¥80.20 (up from JP¥69.64 in FY 2022). Revenue: JP¥36.0b (up 42% from FY 2022). Net income: JP¥3.18b (up 15% from FY 2022). Profit margin: 8.8% (down from 11% 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 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share at 1.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.6%). Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: JP¥24.23 (vs JP¥23.60 in 3Q 2022) Third quarter 2023 results: EPS: JP¥24.23 (up from JP¥23.60 in 3Q 2022). Revenue: JP¥10.9b (up 52% from 3Q 2022). Net income: JP¥959.0m (up 2.7% from 3Q 2022). Profit margin: 8.8% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 11
Tomoe Corporation to Report Q3, 2023 Results on Feb 13, 2023 Tomoe Corporation announced that they will report Q3, 2023 results on Feb 13, 2023 Board Change • Nov 16
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. 10 non-independent directors. Standing Executive Officer, Construction Dept. Manager of construction work supervision & Director Kenji Kanzaki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥9.32 (vs JP¥12.91 in 2Q 2022) Second quarter 2023 results: EPS: JP¥9.32 (down from JP¥12.91 in 2Q 2022). Revenue: JP¥7.18b (up 18% from 2Q 2022). Net income: JP¥369.0m (down 28% from 2Q 2022). Profit margin: 5.1% (down from 8.4% 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 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥363, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 9x in the Construction industry in Japan. Total loss to shareholders of 7.4% over the past three years. Aankondiging • Sep 04
Tomoe Corporation to Report Q2, 2023 Results on Nov 11, 2022 Tomoe Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥18.72 (vs JP¥23.47 in 1Q 2022) First quarter 2023 results: EPS: JP¥18.72 (down from JP¥23.47 in 1Q 2022). Revenue: JP¥6.59b (up 14% from 1Q 2022). Net income: JP¥741.0m (down 20% from 1Q 2022). Profit margin: 11% (down from 16% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Aankondiging • Jun 30
Tomoe Corporation to Report Q1, 2023 Results on Aug 05, 2022 Tomoe Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥69.63 (vs JP¥42.42 in FY 2021) Full year 2022 results: EPS: JP¥69.63 (up from JP¥42.42 in FY 2021). Revenue: JP¥25.3b (up 9.0% from FY 2021). Net income: JP¥2.76b (up 64% from FY 2021). Profit margin: 11% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Aankondiging • May 15
Tomoe Corporation, Annual General Meeting, Jun 29, 2022 Tomoe Corporation, Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
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. 9 non-independent directors. Standing Executive Officer, Construction Dept. Manager of construction work supervision & Director Kenji Kanzaki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 07
Tomoe Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Tomoe Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.1%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥23.60 (up from JP¥12.33 in 3Q 2021). Revenue: JP¥7.21b (up 83% from 3Q 2021). Net income: JP¥934.0m (up 91% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥12.91 (vs JP¥6.47 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥6.09b (up 26% from 2Q 2021). Net income: JP¥511.0m (up 100% from 2Q 2021). Profit margin: 8.4% (up from 5.3% in 2Q 2021). The increase in margin was driven by higher 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 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥474, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 9x in the Construction industry in Japan. Total returns to shareholders of 11% over the past three years. Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS JP¥23.47 (vs JP¥6.06 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥5.80b (up 18% from 1Q 2021). Net income: JP¥929.0m (up 287% from 1Q 2021). Profit margin: 16% (up from 4.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥42.42 (vs JP¥51.09 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥23.2b (down 27% from FY 2020). Net income: JP¥1.68b (down 17% from FY 2020). Profit margin: 7.2% (up from 6.4% 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 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (2.6%). Aankondiging • Mar 04
Tomoe Corporation to Report Fiscal Year 2021 Results on May 14, 2021 Tomoe Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Feb 26
New 90-day low: JP¥382 The company is down 4.0% from its price of JP¥398 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 6.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥12.33 (vs JP¥3.97 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¥3.95b (down 27% from 3Q 2020). Net income: JP¥488.0m (up 211% from 3Q 2020). Profit margin: 12% (up from 2.9% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 09
New 90-day high: JP¥425 The company is up 15% from its price of JP¥368 on 10 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 2.0% over the same period. Aankondiging • Nov 28
Tomoe Corporation to Report Q3, 2021 Results on Feb 12, 2021 Tomoe Corporation announced that they will report Q3, 2021 results on Feb 12, 2021 Aankondiging • Sep 25
Tomoe Corporation to Report Q2, 2021 Results on Nov 12, 2020 Tomoe Corporation announced that they will report Q2, 2021 results on Nov 12, 2020 Aankondiging • Jun 19
Tomoe Corporation to Report Q1, 2021 Results on Aug 07, 2020 Tomoe Corporation announced that they will report Q1, 2021 results on Aug 07, 2020