Live-nieuws • Jul 12
TKC Unveils ¥3.19 Billion Buyback and Plans Full Retirement by July 2026 TKC announced a share repurchase program of up to 900,000 shares, equal to about 1.8% of shares outstanding, with a total value of up to ¥3.19b, and plans to retire all acquired treasury shares by 31 July 2026 via ToSTNeT-3 transactions.
The company says the buyback is aimed at improving capital efficiency and shareholder returns, which reduces the share count over time and signals management’s confidence in TKC’s financial position and market valuation.
TKC’s share price is ¥3,545.00, with the stock down 15.6% year to date, so the planned retirement of shares could have a clearer impact on per-share metrics than it might have had after a stronger run.
This kind of capital allocation choice can tighten the share base, but it also concentrates exposure for remaining holders if business conditions later turn out less favorable than management expects. Aankondiging • Jul 10
TKC Corporation (TSE:9746) announces an Equity Buyback for 900,000 shares, representing 1.8% for ¥3,190.5 million. TKC Corporation (TSE:9746) announce a share repurchase program. Under the program, the company will repurchase up to 900,000 shares, representing 1.8% for ¥3,190.5 million. The shares will be repurchased at a price of ¥3,545 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The repurchased shares will be retired. Declared Dividend • Jun 16
First half dividend of JP¥55.00 announced Shareholders will receive a dividend of JP¥55.00. Ex-date: 29th September 2026 Payment date: 22nd December 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 13% 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. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Jun 03
TKC Corporation to Report Q3, 2026 Results on Aug 07, 2026 TKC Corporation announced that they will report Q3, 2026 results on Aug 07, 2026 Reported Earnings • May 15
Second quarter 2026 earnings released: EPS: JP¥40.36 (vs JP¥67.69 in 2Q 2025) Second quarter 2026 results: EPS: JP¥40.36 (down from JP¥67.69 in 2Q 2025). Revenue: JP¥22.6b (up 4.3% from 2Q 2025). Net income: JP¥2.05b (down 42% from 2Q 2025). Profit margin: 9.0% (down from 16% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Aankondiging • May 09
TKC Corporation to Report Q2, 2026 Results on May 13, 2026 TKC Corporation announced that they will report Q2, 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 16 June 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Aankondiging • Mar 11
TKC Corporation (TSE:9746) announces an Equity Buyback for 400,000 shares, representing 0.79% for ¥1,512 million. TKC Corporation (TSE:9746) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 0.79% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,512 million. The shares will be repurchased at a price of ¥3,780 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The repurchased shares will be cancelled. Price Target Changed • Mar 06
Price target decreased by 32% to JP¥4,000 Down from JP¥5,900, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥3,845. Stock is down 1.2% over the past year. The company is forecast to post earnings per share of JP¥239 for next year compared to JP¥234 last year. Reported Earnings • Feb 14
First quarter 2026 earnings released: EPS: JP¥115 (vs JP¥53.89 in 1Q 2025) First quarter 2026 results: EPS: JP¥115 (up from JP¥53.89 in 1Q 2025). Revenue: JP¥24.2b (up 38% from 1Q 2025). Net income: JP¥5.92b (up 111% from 1Q 2025). Profit margin: 25% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Professional Services industry in Japan are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 13
TKC Corporation (TSE:9746) announces an Equity Buyback for 1,100,000 shares, representing 2.13% for ¥4,438.5 million. TKC Corporation (TSE:9746) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 2.13% of its issued share capital (excluding treasury stock), for a total purchase price of ¥4,438.5 million. The shares will be repurchased at a price of ¥4,035 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The repurchased shares will be cancelled. Declared Dividend • Jan 08
Final dividend increased to JP¥55.00 Dividend of JP¥55.00 is 10% higher than last year. Ex-date: 30th March 2026 Payment date: 16th June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 13% 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 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 15
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: JP¥234 (up from JP¥216 in FY 2024). Revenue: JP¥83.5b (up 11% from FY 2024). Net income: JP¥12.1b (up 7.3% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Aankondiging • Nov 13
TKC Corporation to Report Q1, 2026 Results on Feb 13, 2026 TKC Corporation announced that they will report Q1, 2026 results on Feb 13, 2026 Aankondiging • Oct 09
TKC Corporation to Report Fiscal Year 2025 Results on Nov 12, 2025 TKC Corporation announced that they will report fiscal year 2025 results on Nov 12, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 23 December 2025. Payout ratio is a comfortable 45% and the cash payout ratio is 88%. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 09
Third quarter 2025 earnings released: EPS: JP¥60.95 (vs JP¥63.44 in 3Q 2024) Third quarter 2025 results: EPS: JP¥60.95 (down from JP¥63.44 in 3Q 2024). Revenue: JP¥20.5b (up 13% from 3Q 2024). Net income: JP¥3.13b (down 5.5% from 3Q 2024). Profit margin: 15% (down from 18% in 3Q 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 7.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year. Declared Dividend • Jun 17
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2025 Payment date: 23rd December 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 16% 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 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 22
TKC Corporation to Report Q3, 2025 Results on Aug 08, 2025 TKC Corporation announced that they will report Q3, 2025 results on Aug 08, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 15
First quarter 2025 earnings released: EPS: JP¥53.89 (vs JP¥51.97 in 1Q 2024) First quarter 2025 results: EPS: JP¥53.89 (up from JP¥51.97 in 1Q 2024). Revenue: JP¥17.5b (up 2.4% from 1Q 2024). Net income: JP¥2.81b (up 3.7% from 1Q 2024). Profit margin: 16% (in line with 1Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year. Aankondiging • Feb 15
TKC Corporation to Report Q2, 2025 Results on May 14, 2025 TKC Corporation announced that they will report Q2, 2025 results on May 14, 2025 Aankondiging • Feb 14
TKC Corporation (TSE:9746) announces an Equity Buyback for 1,000,000 shares, representing 1.91% for ¥3,815 million. TKC Corporation (TSE:9746) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.91% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,815million. The shares will be repurchased at a price of ¥3,815 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The repurchased shares will be cancelled. Declared Dividend • Jan 06
Final dividend increased to JP¥50.00 Dividend of JP¥50.00 is 11% higher than last year. Ex-date: 28th March 2025 Payment date: 11th June 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 16% 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 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Dec 28
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: JP¥216 (up from JP¥207 in FY 2023). Revenue: JP¥75.2b (up 4.6% from FY 2023). Net income: JP¥11.3b (up 4.1% from FY 2023). Profit margin: 15% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 13
TKC Corporation, Annual General Meeting, Dec 20, 2024 TKC Corporation, Annual General Meeting, Dec 20, 2024. Buy Or Sell Opportunity • Nov 05
Now 20% undervalued Over the last 90 days, the stock has risen 13% to JP¥3,945. The fair value is estimated to be JP¥4,945, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 9.0%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 18% in the next 2 years. Buy Or Sell Opportunity • Oct 16
Now 21% undervalued Over the last 90 days, the stock has risen 13% to JP¥3,885. The fair value is estimated to be JP¥4,908, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 9.0%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 18% in the next 2 years. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 December 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.0%). Aankondiging • Aug 29
TKC Corporation to Report Fiscal Year 2024 Results on Nov 13, 2024 TKC Corporation announced that they will report fiscal year 2024 results on Nov 13, 2024 Reported Earnings • Aug 14
Third quarter 2024 earnings released: EPS: JP¥63.44 (vs JP¥69.05 in 3Q 2023) Third quarter 2024 results: EPS: JP¥63.44 (down from JP¥69.05 in 3Q 2023). Revenue: JP¥18.1b (up 1.7% from 3Q 2023). Net income: JP¥3.31b (down 8.6% from 3Q 2023). Profit margin: 18% (down from 20% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Aankondiging • May 16
TKC Corporation to Report Q3, 2024 Results on Aug 09, 2024 TKC Corporation announced that they will report Q3, 2024 results on Aug 09, 2024 Reported Earnings • May 12
Second quarter 2024 earnings released: EPS: JP¥70.30 (vs JP¥61.88 in 2Q 2023) Second quarter 2024 results: EPS: JP¥70.30 (up from JP¥61.88 in 2Q 2023). Revenue: JP¥19.9b (up 4.1% from 2Q 2023). Net income: JP¥3.67b (up 13% from 2Q 2023). Profit margin: 18% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. 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: 12 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.1%). Aankondiging • Feb 15
TKC Corporation to Report Q2, 2024 Results on May 10, 2024 TKC Corporation announced that they will report Q2, 2024 results on May 10, 2024 Aankondiging • Feb 13
TKC Corporation Provides Consolidated Earnings Guidance for the Six Months Ending March 31, 2024 and Financial Year Ending September 30, 2024 TKC Corporation provided consolidated earnings guidance for the six months ending March 31, 2024 and financial year ending September 30, 2024. For the six months, the company expects net sales to be JPY 36,500 million, operating profit to be JPY 8,740 million, profit attributable to owners of parent to be JPY 6,140 million and earnings per share to be JPY 117.13.For the year, the company expects net sales to be JPY 74,500 million, operating profit to be JPY 14,820 million, profit attributable to owners of parent to be JPY 10,830 million and earnings per share to be JPY 206.61. Reported Earnings • Feb 10
First quarter 2024 earnings released: EPS: JP¥51.97 (vs JP¥55.13 in 1Q 2023) First quarter 2024 results: EPS: JP¥51.97 (down from JP¥55.13 in 1Q 2023). Revenue: JP¥17.1b (up 1.3% from 1Q 2023). Net income: JP¥2.71b (down 6.2% from 1Q 2023). Profit margin: 16% (down from 17% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 18
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥207 (up from JP¥178 in FY 2022). Revenue: JP¥71.9b (up 6.0% from FY 2022). Net income: JP¥10.8b (up 16% from FY 2022). Profit margin: 15% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.2%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥41.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 19 December 2023. Payout ratio is a comfortable 1.4% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.3%). Aankondiging • Sep 09
TKC Corporation (TSE:9746) announces an Equity Buyback for 600,000 shares, representing 1.14% for ¥2,181 million. TKC Corporation (TSE:9746) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.14% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,181 million. The shares will be repurchased at a price of ¥3,635 per share. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The repurchased shares will be cancelled. Aankondiging • Sep 02
TKC Corporation to Report Fiscal Year 2023 Results on Nov 14, 2023 TKC Corporation announced that they will report fiscal year 2023 results on Nov 14, 2023 Reported Earnings • Aug 12
Third quarter 2023 earnings released: EPS: JP¥69.05 (vs JP¥44.04 in 3Q 2022) Third quarter 2023 results: EPS: JP¥69.05 (up from JP¥44.04 in 3Q 2022). Revenue: JP¥17.8b (up 7.5% from 3Q 2022). Net income: JP¥3.62b (up 57% from 3Q 2022). Profit margin: 20% (up from 14% in 3Q 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Price Target Changed • Jun 07
Price target increased by 17% to JP¥5,500 Up from JP¥4,690, the current price target is provided by 1 analyst. New target price is 47% above last closing price of JP¥3,750. Stock is up 9.3% over the past year. The company is forecast to post earnings per share of JP¥191 for next year compared to JP¥178 last year. Reported Earnings • May 17
Second quarter 2023 earnings released: EPS: JP¥61.88 (vs JP¥68.45 in 2Q 2022) Second quarter 2023 results: EPS: JP¥61.88 (down from JP¥68.45 in 2Q 2022). Revenue: JP¥19.1b (up 3.6% from 2Q 2022). Net income: JP¥3.24b (down 9.6% from 2Q 2022). Profit margin: 17% (down from 19% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Professional Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 14
TKC Corporation to Report Q3, 2023 Results on Aug 10, 2023 TKC Corporation announced that they will report Q3, 2023 results on Aug 10, 2023 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥39.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%). Board Change • Feb 21
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Keiichiro Kato was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Feb 15
TKC Corporation to Report Q2, 2023 Results on May 12, 2023 TKC Corporation announced that they will report Q2, 2023 results on May 12, 2023 Reported Earnings • Feb 12
First quarter 2023 earnings released: EPS: JP¥55.13 (vs JP¥42.40 in 1Q 2022) First quarter 2023 results: EPS: JP¥55.13 (up from JP¥42.40 in 1Q 2022). Revenue: JP¥16.9b (up 11% from 1Q 2022). Net income: JP¥2.89b (up 30% from 1Q 2022). Profit margin: 17% (up from 15% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year. Aankondiging • Nov 27
TKC Corporation to Report Q1, 2023 Results on Feb 10, 2023 TKC Corporation announced that they will report Q1, 2023 results on Feb 10, 2023 Reported Earnings • Nov 11
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥178 (up from JP¥165 in FY 2021). Revenue: JP¥67.8b (up 2.4% from FY 2021). Net income: JP¥9.32b (up 7.3% from FY 2021). Profit margin: 14% (in line with FY 2021). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 20 December 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Aankondiging • Sep 01
TKC Corporation to Report Q4, 2022 Results on Nov 09, 2022 TKC Corporation announced that they will report Q4, 2022 results on Nov 09, 2022 Reported Earnings • Aug 12
Third quarter 2022 earnings released: EPS: JP¥44.04 (vs JP¥46.78 in 3Q 2021) Third quarter 2022 results: EPS: JP¥44.04 (down from JP¥46.78 in 3Q 2021). Revenue: JP¥16.6b (up 2.2% from 3Q 2021). Net income: JP¥2.31b (down 6.4% from 3Q 2021). Profit margin: 14% (down from 15% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.9%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 13
TKC Corporation to Report Q3, 2022 Results on Aug 10, 2022 TKC Corporation announced that they will report Q3, 2022 results on Aug 10, 2022 Reported Earnings • May 11
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: EPS: JP¥68.45 (down from JP¥68.75 in 2Q 2021). Revenue: JP¥18.5b (flat on 2Q 2021). Net income: JP¥3.59b (flat on 2Q 2021). Profit margin: 19% (in line with 2Q 2021). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 8.0%, compared to a 7.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 16% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Aankondiging • Feb 16
TKC Corporation to Report Q2, 2022 Results on May 10, 2022 TKC Corporation announced that they will report Q2, 2022 results on May 10, 2022 Reported Earnings • Feb 12
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: JP¥42.40 (up from JP¥35.63 in 1Q 2021). Revenue: JP¥15.3b (up 3.1% from 1Q 2021). Net income: JP¥2.23b (up 19% from 1Q 2021). Profit margin: 15% (up from 13% in 1Q 2021). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 6.5%, compared to a 7.3% growth forecast for the industry in Japan. 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. Reported Earnings • Nov 10
Full year 2021 earnings released: EPS JP¥165 (vs JP¥149 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¥66.2b (down 2.3% from FY 2020). Net income: JP¥8.69b (up 11% from FY 2020). Profit margin: 13% (up from 12% in FY 2020). The increase in margin was driven by lower 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 18% per year.