Reported Earnings • Aug 05
Second quarter 2026 earnings released: EPS: JP¥35.37 (vs JP¥33.43 in 2Q 2025) Second quarter 2026 results: EPS: JP¥35.37 (up from JP¥33.43 in 2Q 2025). Revenue: JP¥10.7b (up 4.7% from 2Q 2025). Net income: JP¥710.9m (up 5.8% from 2Q 2025). Profit margin: 6.6% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jun 25
Tachikawa Corporation to Report Q2, 2026 Results on Aug 04, 2026 Tachikawa Corporation announced that they will report Q2, 2026 results on Aug 04, 2026 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 08 September 2026. Payout ratio is a comfortable 43% and the cash payout ratio is 86%. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.7%). Reported Earnings • May 09
First quarter 2026 earnings released: EPS: JP¥52.93 (vs JP¥52.83 in 1Q 2025) First quarter 2026 results: EPS: JP¥52.93 (up from JP¥52.83 in 1Q 2025). Revenue: JP¥11.4b (up 8.0% from 1Q 2025). Net income: JP¥1.06b (flat on 1Q 2025). Profit margin: 9.4% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 09
Tachikawa Corporation to Report Q1, 2026 Results on May 08, 2026 Tachikawa Corporation announced that they will report Q1, 2026 results on May 08, 2026 Declared Dividend • Apr 11
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 8th September 2026 Dividend yield will be 3.8%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Feb 11
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to JP¥2,514. The fair value is estimated to be JP¥1,924, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.1%. Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: JP¥161 (vs JP¥149 in FY 2024) Full year 2025 results: EPS: JP¥161 (up from JP¥149 in FY 2024). Revenue: JP¥42.6b (up 2.9% from FY 2024). Net income: JP¥3.24b (up 16% from FY 2024). Profit margin: 7.6% (up from 6.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 10
Tachikawa Corporation, Annual General Meeting, Mar 27, 2026 Tachikawa Corporation, Annual General Meeting, Mar 27, 2026. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥2,514, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 123% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Aankondiging • Dec 10
Tachikawa Corporation to Report Fiscal Year 2025 Results on Feb 10, 2026 Tachikawa Corporation announced that they will report fiscal year 2025 results on Feb 10, 2026 Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: JP¥31.04 (vs JP¥23.26 in 3Q 2024) Third quarter 2025 results: EPS: JP¥31.04 (up from JP¥23.26 in 3Q 2024). Revenue: JP¥10.3b (up 5.1% from 3Q 2024). Net income: JP¥624.0m (up 45% from 3Q 2024). Profit margin: 6.1% (up from 4.4% in 3Q 2024). The increase in margin was driven by higher revenue. 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 21% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Sep 25
Tachikawa Corporation to Report Q3, 2025 Results on Nov 05, 2025 Tachikawa Corporation announced that they will report Q3, 2025 results on Nov 05, 2025 Declared Dividend • Sep 09
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: JP¥33.43 (vs JP¥32.32 in 2Q 2024) Second quarter 2025 results: EPS: JP¥33.43 (up from JP¥32.32 in 2Q 2024). Revenue: JP¥10.3b (up 3.7% from 2Q 2024). Net income: JP¥672.0m (up 13% from 2Q 2024). Profit margin: 6.6% (up from 6.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% 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 • Jun 26
Tachikawa Corporation to Report Q2, 2025 Results on Aug 05, 2025 Tachikawa Corporation announced that they will report Q2, 2025 results on Aug 05, 2025 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%). Reported Earnings • May 09
First quarter 2025 earnings released: EPS: JP¥52.83 (vs JP¥50.89 in 1Q 2024) First quarter 2025 results: EPS: JP¥52.83 (up from JP¥50.89 in 1Q 2024). Revenue: JP¥10.5b (up 2.3% from 1Q 2024). Net income: JP¥1.06b (up 13% from 1Q 2024). Profit margin: 10% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Apr 11
Final dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 27th June 2025 Payment date: 2nd September 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (241% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Aankondiging • Mar 04
Tachikawa Corporation to Report Q1, 2025 Results on May 08, 2025 Tachikawa Corporation announced that they will report Q1, 2025 results on May 08, 2025 Reported Earnings • Feb 14
Full year 2024 earnings released: EPS: JP¥149 (vs JP¥143 in FY 2023) Full year 2024 results: EPS: JP¥149 (up from JP¥143 in FY 2023). Revenue: JP¥41.4b (flat on FY 2023). Net income: JP¥2.80b (up 3.5% from FY 2023). Profit margin: 6.8% (up from 6.6% in FY 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Aankondiging • Jan 05
Tachikawa Corporation to Report Fiscal Year 2024 Results on Feb 12, 2025 Tachikawa Corporation announced that they will report fiscal year 2024 results on Feb 12, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥32.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 25% and the cash payout ratio is 82%. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Declared Dividend • Nov 11
Dividend of JP¥32.00 announced Shareholders will receive a dividend of JP¥32.00. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (24% earnings payout ratio) and cash flows (67% 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 remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: JP¥23.23 (vs JP¥22.38 in 3Q 2023) Third quarter 2024 results: EPS: JP¥23.23 (up from JP¥22.38 in 3Q 2023). Revenue: JP¥9.81b (up 4.6% from 3Q 2023). Net income: JP¥429.0m (up 1.4% from 3Q 2023). Profit margin: 4.4% (down from 4.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 4% per year. Buy Or Sell Opportunity • Nov 06
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 5.0% to JP¥1,335. The fair value is estimated to be JP¥1,112, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Oct 10
Now 21% overvalued Over the last 90 days, the stock has fallen 2.3% to JP¥1,335. The fair value is estimated to be JP¥1,102, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Aankondiging • Sep 26
Tachikawa Corporation to Report Q3, 2024 Results on Nov 06, 2024 Tachikawa Corporation announced that they will report Q3, 2024 results on Nov 06, 2024 Buy Or Sell Opportunity • Sep 24
Now 20% overvalued Over the last 90 days, the stock has fallen 4.3% to JP¥1,320. The fair value is estimated to be JP¥1,097, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Reported Earnings • Aug 03
Second quarter 2024 earnings released: EPS: JP¥32.32 (vs JP¥22.29 in 2Q 2023) Second quarter 2024 results: EPS: JP¥32.32 (up from JP¥22.29 in 2Q 2023). Revenue: JP¥9.90b (up 1.9% from 2Q 2023). Net income: JP¥597.0m (up 41% from 2Q 2023). Profit margin: 6.0% (up from 4.4% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Aankondiging • Jun 26
Tachikawa Corporation to Report Q2, 2024 Results on Aug 01, 2024 Tachikawa Corporation announced that they will report Q2, 2024 results on Aug 01, 2024 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.8%). Reported Earnings • May 09
First quarter 2024 earnings released: EPS: JP¥50.89 (vs JP¥55.48 in 1Q 2023) First quarter 2024 results: EPS: JP¥50.89 (down from JP¥55.48 in 1Q 2023). Revenue: JP¥10.3b (down 4.0% from 1Q 2023). Net income: JP¥942.0m (down 11% from 1Q 2023). Profit margin: 9.2% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Aankondiging • Mar 27
Tachikawa Corporation to Report Q1, 2024 Results on May 08, 2024 Tachikawa Corporation announced that they will report Q1, 2024 results on May 08, 2024 Aankondiging • Feb 08
Tachikawa Corporation, Annual General Meeting, Mar 28, 2024 Tachikawa Corporation, Annual General Meeting, Mar 28, 2024. New Risk • Feb 08
New major risk - Revenue and earnings growth Earnings have declined by 0.5% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 have declined by 0.5% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Aankondiging • Dec 24
Tachikawa Corporation to Report Fiscal Year 2023 Results on Feb 06, 2024 Tachikawa Corporation announced that they will report fiscal year 2023 results on Feb 06, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥24.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%). Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: JP¥22.38 (vs JP¥23.33 in 3Q 2022) Third quarter 2023 results: EPS: JP¥22.38 (down from JP¥23.33 in 3Q 2022). Revenue: JP¥9.38b (down 3.2% from 3Q 2022). Net income: JP¥423.0m (down 6.8% from 3Q 2022). Profit margin: 4.5% (down from 4.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Aankondiging • Sep 24
Tachikawa Corporation to Report Q3, 2023 Results on Nov 01, 2023 Tachikawa Corporation announced that they will report Q3, 2023 results on Nov 01, 2023 Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: JP¥22.29 (vs JP¥24.72 in 2Q 2022) Second quarter 2023 results: EPS: JP¥22.29 (down from JP¥24.72 in 2Q 2022). Revenue: JP¥9.72b (up 1.5% from 2Q 2022). Net income: JP¥423.0m (down 12% from 2Q 2022). Profit margin: 4.4% (down from 5.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Aankondiging • Aug 03
Tachikawa Corporation (TSE:7989) announces an Equity Buyback for 500,000 shares, representing 2.64% for ¥700 million. Tachikawa Corporation (TSE:7989) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.64% of its total shares outstanding (excluding treasury shares), for a total of ¥700 million. The purpose of repurchase program is to improve shareholder returns and implement a flexible capital policy that responds to changes in the business environment. The repurchase program is valid till May 31, 2024. As of June 30, 2023, the company had 18,956,120 shares outstanding (excluding treasury shares) and had 1,807,480 shares in treasury. Aankondiging • Jun 26
Tachikawa Corporation to Report Q2, 2023 Results on Aug 02, 2023 Tachikawa Corporation announced that they will report Q2, 2023 results on Aug 02, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥12.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 05 September 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%). Reported Earnings • May 10
First quarter 2023 earnings released: EPS: JP¥55.48 (vs JP¥54.99 in 1Q 2022) First quarter 2023 results: EPS: JP¥55.48. Revenue: JP¥10.7b (flat on 1Q 2022). Net income: JP¥1.06b (down 1.0% from 1Q 2022). Profit margin: 9.9% (in line with 1Q 2022). Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: JP¥130 (vs JP¥147 in FY 2021) Full year 2022 results: EPS: JP¥130 (down from JP¥147 in FY 2021). Revenue: JP¥41.3b (flat on FY 2021). Net income: JP¥2.52b (down 12% from FY 2021). Profit margin: 6.1% (down from 7.0% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Aankondiging • Feb 09
Tachikawa Corporation, Annual General Meeting, Mar 30, 2023 Tachikawa Corporation, Annual General Meeting, Mar 30, 2023. Aankondiging • Dec 26
Tachikawa Corporation to Report Fiscal Year 2022 Results on Feb 07, 2023 Tachikawa Corporation announced that they will report fiscal year 2022 results on Feb 07, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 20% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. No independent directors (12 non-independent directors). Director Nobuya Takenaka was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: JP¥23.33 (vs JP¥22.87 in 3Q 2021) Third quarter 2022 results: EPS: JP¥23.33 (up from JP¥22.87 in 3Q 2021). Revenue: JP¥9.69b (flat on 3Q 2021). Net income: JP¥454.0m (up 2.0% from 3Q 2021). Profit margin: 4.7% (up from 4.6% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Aankondiging • Sep 24
Tachikawa Corporation to Report Q3, 2022 Results on Nov 02, 2022 Tachikawa Corporation announced that they will report Q3, 2022 results on Nov 02, 2022 Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: JP¥24.72 (vs JP¥25.49 in 2Q 2021) Second quarter 2022 results: EPS: JP¥24.72 (down from JP¥25.49 in 2Q 2021). Revenue: JP¥9.58b (down 2.6% from 2Q 2021). Net income: JP¥481.0m (down 3.0% from 2Q 2021). Profit margin: 5.0% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 06 September 2022. Payout ratio is a comfortable 20% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Reported Earnings • May 11
First quarter 2022 earnings released: EPS: JP¥54.99 (vs JP¥55.66 in 1Q 2021) First quarter 2022 results: EPS: JP¥54.99 (down from JP¥55.66 in 1Q 2021). Revenue: JP¥10.8b (up 3.3% from 1Q 2021). Net income: JP¥1.07b (down 1.2% from 1Q 2021). Profit margin: 9.9% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. No independent directors (12 non-independent directors). Director Nobuya Takenaka was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Aankondiging • Apr 08
Tachikawa Corporation to Report Q1, 2022 Results on May 10, 2022 Tachikawa Corporation announced that they will report Q1, 2022 results on May 10, 2022 Reported Earnings • Feb 07
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥147 (down from JP¥149 in FY 2020). Revenue: JP¥41.2b (up 3.1% from FY 2020). Net income: JP¥2.87b (down 1.1% from FY 2020). Profit margin: 7.0% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS JP¥22.87 (vs JP¥36.23 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥9.76b (up 1.2% from 3Q 2020). Net income: JP¥445.0m (down 37% from 3Q 2020). Profit margin: 4.6% (down from 7.3% in 3Q 2020). 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 only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 04
Second quarter 2021 earnings released: EPS JP¥25.49 (vs JP¥34.18 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥9.83b (up 3.3% from 2Q 2020). Net income: JP¥496.0m (down 25% from 2Q 2020). Profit margin: 5.0% (down from 7.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 07 September 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • May 09
First quarter 2021 earnings released: EPS JP¥55.66 (vs JP¥48.26 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: JP¥10.4b (down 2.7% from 1Q 2020). Net income: JP¥1.08b (up 15% from 1Q 2020). Profit margin: 10% (up from 8.7% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 04
Full year 2020 earnings released: EPS JP¥149 (vs JP¥142 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥40.0b (down 4.9% from FY 2019). Net income: JP¥2.90b (up 5.0% from FY 2019). Profit margin: 7.3% (up from 6.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 08
New 90-day high: JP¥1,450 The company is up 10.0% from its price of JP¥1,320 on 08 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 16% over the same period. Aankondiging • Feb 09
Tachikawa Corporation, Annual General Meeting, Mar 20, 2021 Tachikawa Corporation, Annual General Meeting, Mar 20, 2021. Reported Earnings • Feb 07
Full year 2020 earnings released: EPS JP¥149 (vs JP¥142 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥40.0b (down 4.9% from FY 2019). Net income: JP¥2.90b (up 5.0% from FY 2019). Profit margin: 7.3% (up from 6.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Aankondiging • Dec 27
Tachikawa Corporation to Report Fiscal Year 2020 Results on Feb 05, 2021 Tachikawa Corporation announced that they will report fiscal year 2020 results on Feb 05, 2021 Is New 90 Day High Low • Dec 10
New 90-day high: JP¥1,355 The company is up 5.0% from its price of JP¥1,290 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 14% over the same period. Aankondiging • Oct 10
Tachikawa Corporation to Report Q3, 2020 Results on Nov 04, 2020 Tachikawa Corporation announced that they will report Q3, 2020 results on Nov 04, 2020 Aankondiging • Jun 28
Tachikawa Corporation to Report Q2, 2020 Results on Aug 04, 2020 Tachikawa Corporation announced that they will report Q2, 2020 results on Aug 04, 2020