Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to JP¥345, the stock trades at a trailing P/E ratio of 40.5x. Average trailing P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 44% over the past three years. Aankondiging • May 15
Placo Co., Ltd., Annual General Meeting, Jun 25, 2026 Placo Co., Ltd., Annual General Meeting, Jun 25, 2026. Aankondiging • May 10
Placo Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Placo Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 27 June 2026. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Declared Dividend • Jan 08
Dividend of JP¥6.00 announced Dividend of JP¥6.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 27th June 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.1%. Sustainability & Growth The dividend has not increased over the past 3 years but payments have been stable during that time. Aankondiging • Jan 07
Placo Co., Ltd. announces Annual dividend, payable on June 27, 2026 Placo Co., Ltd. announced Annual dividend of JPY 6.0000 per share payable on June 27, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Aankondiging • Dec 19
Placo Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Placo Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Aankondiging • Oct 23
Placo Co., Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Placo Co., Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Aankondiging • Jul 21
Placo Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Placo Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 New Risk • Jun 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 7.9% 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 Less than 3 years of financial data is available. Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (JP¥2.32b market cap, or US$16.1m). Buy Or Sell Opportunity • Jun 24
Now 20% overvalued Over the last 90 days, the stock has fallen 7.4% to JP¥199. The fair value is estimated to be JP¥166, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • May 28
Now 20% overvalued Over the last 90 days, the stock has fallen 4.3% to JP¥199. The fair value is estimated to be JP¥166, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Aankondiging • May 15
Placo Co., Ltd., Annual General Meeting, Jun 26, 2025 Placo Co., Ltd., Annual General Meeting, Jun 26, 2025. Aankondiging • May 02
Placo Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Placo Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 28 June 2025. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Aankondiging • Jan 03
Placo Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Placo Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Aankondiging • Oct 06
Placo Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Placo Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 Board Change • Aug 05
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Seijiro Ikegami was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 18
Placo Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Placo Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Aankondiging • May 12
Placo Co., Ltd., Annual General Meeting, Jun 27, 2024 Placo Co., Ltd., Annual General Meeting, Jun 27, 2024. Aankondiging • Mar 28
Placo Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Placo Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Aankondiging • Dec 29
Placo Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Placo Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Aankondiging • Oct 05
Placo Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Placo Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Aankondiging • Jun 18
Placo Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Placo Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 New Risk • Jun 08
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 2.5% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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: Major Risk Latest financial reports are more than 1 year old (reported December 2010 fiscal period end). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (5.4% average weekly change). Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (JP¥2.10b market cap, or US$15.0m). Aankondiging • May 14
Placo Co., Ltd., Annual General Meeting, Jun 27, 2023 Placo Co., Ltd., Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Inaugural dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. This is the first dividend for Placo since going public. The average dividend yield among industry peers is 2.4%. Aankondiging • Jan 24
Placo Co., Ltd. (TSE:6347) Signed a basic agreement to acquire Kyowa DC, Inc and Tamadai Corporation from jinwen Metals Co., Ltd and Dalian Jinwen Metal Products Co., Ltd. Placo Co., Ltd. (TSE:6347) signed a basic agreement to acquire Kyowa DC, Inc and Tamadai Corporation from jinwen Metals Co., Ltd and Dalian Jinwen Metal Products Co., Ltd on January 23, 2023. Placo Co., Ltd. will acquire 1000 shares of Kyowa DC, Inc from Dalian Jinwen Metal Products Co., Ltd and will acquire 7,771 Shares of Tamadai Corporation from Dalian Jinwen Metal Products Co., Ltd and Jinwen Metals Co., Ltd Constituting 100% stake. Tamadai Corporation reported Total assets worth ¥2.1 billion, Total Common equity of ¥636 million, sales of ¥1.56 billion,Net loss of ¥163 million and Operating loss of ¥156 million in year ending march 31, 2022. formal agreement is expected to be signed on March 31, 2023. Aankondiging • Dec 11
Placo Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Placo Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
Less than half of directors are independent There are 8 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: 8 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Full-Time Chairman of Audit & Supervisory Board Kosei Shimizu is the most experienced director on the board, commencing their role in 2009. Independent Outside Director Toshiyuki Honda 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. Lack of board continuity. Lack of experienced directors. Aankondiging • Oct 08
Placo Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Placo Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Aankondiging • Jul 09
Placo Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Placo Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Aankondiging • May 14
Placo Co., Ltd., Annual General Meeting, Jun 28, 2022 Placo Co., Ltd., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
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. Full-Time Chairman of Audit & Supervisory Board Kosei Shimizu is the most experienced director on the board, commencing their role in 2009. 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 • Apr 08
Placo Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Placo Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Inaugural dividend of JP¥3.33 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 27 June 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Placo since going public. The average dividend yield among industry peers is 2.0%. Aankondiging • Aug 24
Placo Co., Ltd. (JASDAQ:6347) announces an Equity Buyback for 1,000,000 shares, representing 11.66% for ¥500 million. Placo Co., Ltd. (JASDAQ:6347) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 11.66% of its issued share capital for ¥500 million. The purpose of the program is to return profits to shareholders, improve capital efficiency, and implement agile capital policies according to the business environment. The program is valid till August 31, 2022. As of August 23, 2021, the company had 8,575,032 shares issued (excluding treasury stock) and 422,493 shares in treasury. Board Change • Aug 19
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. Full-time Auditor Takamasa Shimizu is the most experienced director on the board, commencing their role in 2009. 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 13
Placo Co., Ltd. announced that it has received ¥303.973749 million in funding from New Energy Management GK, Liaoyang Kangda Plastic Resin Co., Ltd., JVA Telok Kurau Pte Ltd On May 12, 2021, Placo Co., Ltd. (JASDAQ:6347) closed the transaction. The share capital of the company has increased from 2,734,675 shares to 2,949,175 shares. Aankondiging • Apr 27
Placo Co., Ltd. announced that it expects to receive ¥303.973749 million in funding from New Energy Management LLC, Liaoyang Kangda Plastic Resin Co., Ltd., JVA TELOK KURAU., LTD Placo Co. Ltd. (JASDAQ: 6347) announced a private placement of 214,500 common shares at ¥1,397 per share for gross proceeds of ¥299,656,500, 2,861 stock acquisition rights at a price of ¥1,509 per stock acquisition rights for gross proceeds of ¥4,317,249; for aggregate gross proceeds of ¥303,973,749 on April 26, 2021. The transaction included participation from New Energy Management LLC for 143,100 common shares and 2,147 stock acquisition rights, Liaoyang Kangda Plastic Resin Co., Ltd. for 35,700 common shares and 357 stock acquisition rights, JVA TELOK KURAU., LTD for 35,700 common shares and 357 stock acquisition rights. The stock acquisition right will be convertible into a total of 286,100 potential shares of the company. The exercise price of the stock acquisition right will be ¥1,397, to be exercised between May 12, 2021 to May 11, 2023. The securities are allotted through third-party allotment. The payment date for common shares is May 12, 2021. The allocation date for stock acquisition rights is May 12, 2021. The board of director has been approved the issue of stock acquisition rights. Upcoming Dividend • Mar 23
Inaugural dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. This is the first dividend for Placo since going public. The average dividend yield among industry peers is 1.1%. Is New 90 Day High Low • Jan 29
New 90-day high: JP¥1,627 The company is up 22% from its price of JP¥1,331 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: JP¥980 The company is down 58% from its price of JP¥2,314 on 25 September 2020. The Japanese 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 15% over the same period. Aankondiging • Dec 13
Placo Co., Ltd. to Report Q3, 2021 Results on Feb 10, 2021 Placo Co., Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 07
New 90-day low: JP¥1,031 The company is down 45% from its price of JP¥1,858 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 16% over the same period. Aankondiging • Nov 15
Placo Co., Ltd. to Report Q2, 2021 Results on Nov 16, 2020 Placo Co., Ltd. announced that they will report Q2, 2021 results on Nov 16, 2020 Is New 90 Day High Low • Nov 09
New 90-day low: JP¥1,210 The company is down 28% from its price of JP¥1,684 on 11 August 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 14% over the same period. Is New 90 Day High Low • Oct 16
New 90-day low: JP¥1,496 The company is down 7.0% from its price of JP¥1,604 on 17 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 5.0% over the same period. Is New 90 Day High Low • Sep 23
New 90-day high: JP¥2,384 The company is up 120% from its price of JP¥1,085 on 25 June 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period. Aankondiging • Jul 05
Placo Co., Ltd. to Report Q1, 2021 Results on Aug 07, 2020 Placo Co., Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020 
