Aankondiging • May 13
Natoco Co., Ltd. (TSE:4627) signed a letter of intent to acquire Tohpe Corporation from Zeon Corporation (TSE:4205). Natoco Co., Ltd. (TSE:4627) signed a letter of intent to acquire Tohpe Corporation from Zeon Corporation (TSE:4205) on May 11, 2026. A cash consideration of ¥2.19 billion will be paid by Natoco Co., Ltd. As part of consideration, ¥2.19 billion is paid towards common equity of Tohpe Corporation. Natoco Co., Ltd. has resolved to enter into a stock transfer agreement.
The expected completion of the transaction is November 2, 2026. Upcoming Dividend • Apr 21
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 28 April 2026. Payment date: 06 July 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 28
First quarter 2026 earnings released: EPS: JP¥31.50 (vs JP¥35.36 in 1Q 2025) First quarter 2026 results: EPS: JP¥31.50 (down from JP¥35.36 in 1Q 2025). Revenue: JP¥5.47b (down 4.6% from 1Q 2025). Net income: JP¥238.0m (down 11% from 1Q 2025). Profit margin: 4.4% (down from 4.7% in 1Q 2025). The decrease in margin was driven by lower revenue. 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. Reported Earnings • Dec 16
Full year 2025 earnings released: EPS: JP¥151 (vs JP¥126 in FY 2024) Full year 2025 results: EPS: JP¥151 (up from JP¥126 in FY 2024). Revenue: JP¥22.3b (up 7.3% from FY 2024). Net income: JP¥1.14b (up 19% from FY 2024). Profit margin: 5.1% (up from 4.6% in FY 2024). The increase in margin was driven by higher 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 1% per year, which means it is well ahead of earnings. Aankondiging • Dec 15
Natoco Co., Ltd., Annual General Meeting, Jan 27, 2026 Natoco Co., Ltd., Annual General Meeting, Jan 27, 2026. Aankondiging • Oct 24
Natoco Co., Ltd. to Report Fiscal Year 2025 Results on Dec 15, 2025 Natoco Co., Ltd. announced that they will report fiscal year 2025 results on Dec 15, 2025 Upcoming Dividend • Oct 23
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 30 October 2025. Payment date: 29 January 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.5%). Reported Earnings • Sep 06
Third quarter 2025 earnings released: EPS: JP¥57.18 (vs JP¥36.42 in 3Q 2024) Third quarter 2025 results: EPS: JP¥57.18 (up from JP¥36.42 in 3Q 2024). Revenue: JP¥5.55b (flat on 3Q 2024). Net income: JP¥432.0m (up 57% from 3Q 2024). Profit margin: 7.8% (up from 5.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Aankondiging • Jul 26
Natoco Co., Ltd. to Report Q3, 2025 Results on Sep 05, 2025 Natoco Co., Ltd. announced that they will report Q3, 2025 results on Sep 05, 2025 Aankondiging • Jul 02
Natoco Co., Ltd. (TSE:4627) acquired 66% stake in Mitsumaru Chemical Co.,Ltd. Natoco Co., Ltd. (TSE:4627) signed a letter of intent to acquire 66% stake in Mitsumaru Chemical Co.,Ltd. on March 27, 2025. Mitsumaru Chemical Co.,Ltd. will be a subsidiary of Natoco Co., Ltd. after the acquisition.
For the period ending March 31, 2024, Mitsumaru Chemical Co.,Ltd. reported total revenue of ¥447 million, operating loss of ¥97 million and net income of ¥11 million. As of March 31, 2024, Mitsumaru Chemical Co.,Ltd. reported total assets of ¥2.26 billion and total common equity of ¥1.91 billion. Expected date of acquisition is on June 30, 2025.
Natoco Co., Ltd. (TSE:4627) completed the acquisition of 66% stake in Mitsumaru Chemical Co.,Ltd. on June 30, 2025. Reported Earnings • Jun 02
Second quarter 2025 earnings released: EPS: JP¥12.05 (vs JP¥31.78 in 2Q 2024) Second quarter 2025 results: EPS: JP¥12.05 (down from JP¥31.78 in 2Q 2024). Revenue: JP¥5.29b (up 9.7% from 2Q 2024). Net income: JP¥91.0m (down 62% from 2Q 2024). Profit margin: 1.7% (down from 5.0% in 2Q 2024). The decrease in margin was driven by higher expenses. 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 1% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 26
Natoco Co., Ltd. to Report Q2, 2025 Results on May 30, 2025 Natoco Co., Ltd. announced that they will report Q2, 2025 results on May 30, 2025 Upcoming Dividend • Apr 21
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 28 April 2025. Payment date: 04 July 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (3.0%). Aankondiging • Mar 28
Natoco Co., Ltd. (TSE:4627) signed a letter of intent to acquire 66% stake in Mitsumaru Chemical Co.,Ltd. Natoco Co., Ltd. (TSE:4627) signed a letter of intent to acquire 66% stake in Mitsumaru Chemical Co.,Ltd. on March 27, 2025.
For the period ending March 31, 2024, Mitsumaru Chemical Co.,Ltd. reported total revenue of ¥447 million, operating loss of ¥97 million and net income of ¥11 million. As of March 31, 2024, Mitsumaru Chemical Co.,Ltd. reported total assets of ¥2.26 billion and total common equity of ¥1.91 billion. Reported Earnings • Mar 01
First quarter 2025 earnings released: EPS: JP¥35.36 (vs JP¥16.82 in 1Q 2024) First quarter 2025 results: EPS: JP¥35.36 (up from JP¥16.82 in 1Q 2024). Revenue: JP¥5.74b (up 18% from 1Q 2024). Net income: JP¥267.0m (up 110% from 1Q 2024). Profit margin: 4.7% (up from 2.6% in 1Q 2024). 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 increased by 1% per year, which means it is well ahead of earnings. Aankondiging • Jan 25
Natoco Co., Ltd. to Report Q1, 2025 Results on Feb 28, 2025 Natoco Co., Ltd. announced that they will report Q1, 2025 results on Feb 28, 2025 Reported Earnings • Dec 15
Full year 2024 earnings released: EPS: JP¥126 (vs JP¥126 in FY 2023) Full year 2024 results: EPS: JP¥126 (up from JP¥126 in FY 2023). Revenue: JP¥20.8b (up 2.9% from FY 2023). Net income: JP¥955.0m (flat on FY 2023). Profit margin: 4.6% (down from 4.7% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Aankondiging • Dec 13
Natoco Co., Ltd., Annual General Meeting, Jan 28, 2025 Natoco Co., Ltd., Annual General Meeting, Jan 28, 2025. Aankondiging • Oct 26
Natoco Co., Ltd. to Report Fiscal Year 2024 Results on Dec 13, 2024 Natoco Co., Ltd. announced that they will report fiscal year 2024 results on Dec 13, 2024 Upcoming Dividend • Oct 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 October 2024. Payment date: 27 January 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%). Reported Earnings • Sep 08
Third quarter 2024 earnings released: EPS: JP¥36.42 (vs JP¥51.00 in 3Q 2023) Third quarter 2024 results: EPS: JP¥36.42 (down from JP¥51.00 in 3Q 2023). Revenue: JP¥5.51b (up 5.3% from 3Q 2023). Net income: JP¥275.0m (down 29% from 3Q 2023). Profit margin: 5.0% (down from 7.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Aankondiging • Jul 26
Natoco Co., Ltd. to Report Q3, 2024 Results on Sep 06, 2024 Natoco Co., Ltd. announced that they will report Q3, 2024 results on Sep 06, 2024 Buy Or Sell Opportunity • Jun 03
Now 23% undervalued Over the last 90 days, the stock has risen 1.4% to JP¥1,500. The fair value is estimated to be JP¥1,945, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 18%. Reported Earnings • Jun 01
Second quarter 2024 earnings released: EPS: JP¥31.78 (vs JP¥25.83 in 2Q 2023) Second quarter 2024 results: EPS: JP¥31.78 (up from JP¥25.83 in 2Q 2023). Revenue: JP¥4.82b (down 3.3% from 2Q 2023). Net income: JP¥240.0m (up 23% from 2Q 2023). Profit margin: 5.0% (up from 3.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 28
Natoco Co., Ltd. to Report Q2, 2024 Results on May 31, 2024 Natoco Co., Ltd. announced that they will report Q2, 2024 results on May 31, 2024 Buy Or Sell Opportunity • Apr 26
Now 21% undervalued Over the last 90 days, the stock has risen 5.8% to JP¥1,541. The fair value is estimated to be JP¥1,949, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has declined by 14%. Upcoming Dividend • Apr 19
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 26 April 2024. Payment date: 04 July 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Reported Earnings • Mar 01
First quarter 2024 earnings released: EPS: JP¥16.82 (vs JP¥3.58 in 1Q 2023) First quarter 2024 results: EPS: JP¥16.82 (up from JP¥3.58 in 1Q 2023). Revenue: JP¥4.88b (up 1.6% from 1Q 2023). Net income: JP¥127.0m (up 370% from 1Q 2023). Profit margin: 2.6% (up from 0.6% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Mar 01
Now 23% undervalued Over the last 90 days, the stock has risen 2.9% to JP¥1,503. The fair value is estimated to be JP¥1,958, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has declined by 14%. Aankondiging • Jan 28
Natoco Co., Ltd. to Report Q1, 2024 Results on Feb 29, 2024 Natoco Co., Ltd. announced that they will report Q1, 2024 results on Feb 29, 2024 Aankondiging • Dec 16
Natoco Co., Ltd., Annual General Meeting, Jan 25, 2024 Natoco Co., Ltd., Annual General Meeting, Jan 25, 2024. Reported Earnings • Dec 15
Full year 2023 earnings released: EPS: JP¥126 (vs JP¥201 in FY 2022) Full year 2023 results: EPS: JP¥126 (down from JP¥201 in FY 2022). Revenue: JP¥20.2b (down 1.4% from FY 2022). Net income: JP¥951.0m (down 37% from FY 2022). Profit margin: 4.7% (down from 7.4% in FY 2022). The decrease in margin was primarily driven by higher expenses. 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 4% per year, which means it is well ahead of earnings. Aankondiging • Oct 27
Natoco Co., Ltd. to Report Fiscal Year 2023 Results on Dec 14, 2023 Natoco Co., Ltd. announced that they will report fiscal year 2023 results on Dec 14, 2023 Upcoming Dividend • Oct 23
Upcoming dividend of JP¥30.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 29 January 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%). Reported Earnings • Sep 02
Third quarter 2023 earnings released: EPS: JP¥51.00 (vs JP¥61.88 in 3Q 2022) Third quarter 2023 results: EPS: JP¥51.00 (down from JP¥61.88 in 3Q 2022). Revenue: JP¥5.23b (down 4.8% from 3Q 2022). Net income: JP¥385.0m (down 18% from 3Q 2022). Profit margin: 7.4% (down from 8.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Aankondiging • Jul 28
Natoco Co., Ltd. to Report Q3, 2023 Results on Sep 01, 2023 Natoco Co., Ltd. announced that they will report Q3, 2023 results on Sep 01, 2023 Buying Opportunity • Jun 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.4%. The fair value is estimated to be JP¥1,828, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 9.1%. Reported Earnings • Jun 04
Second quarter 2023 earnings released: EPS: JP¥25.83 (vs JP¥57.53 in 2Q 2022) Second quarter 2023 results: EPS: JP¥25.83 (down from JP¥57.53 in 2Q 2022). Revenue: JP¥4.99b (down 1.0% from 2Q 2022). Net income: JP¥195.0m (down 55% from 2Q 2022). Profit margin: 3.9% (down from 8.6% in 2Q 2022). 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 10% per year. Upcoming Dividend • Apr 20
Upcoming dividend of JP¥25.00 per share at 3.4% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.7%). Reported Earnings • Mar 04
First quarter 2023 earnings released: EPS: JP¥3.58 (vs JP¥36.46 in 1Q 2022) First quarter 2023 results: EPS: JP¥3.58 (down from JP¥36.46 in 1Q 2022). Revenue: JP¥4.80b (up 1.4% from 1Q 2022). Net income: JP¥27.0m (down 90% from 1Q 2022). Profit margin: 0.6% (down from 5.8% 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 17% per year whereas the company’s share price has increased by 13% per year. Reported Earnings • Feb 02
Full year 2022 earnings released: EPS: JP¥201 (vs JP¥217 in FY 2021) Full year 2022 results: EPS: JP¥201 (down from JP¥217 in FY 2021). Revenue: JP¥20.4b (up 7.3% from FY 2021). Net income: JP¥1.51b (down 7.6% from FY 2021). Profit margin: 7.4% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 26
Natoco Co., Ltd. to Report Q1, 2023 Results on Mar 02, 2023 Natoco Co., Ltd. announced that they will report Q1, 2023 results on Mar 02, 2023 Reported Earnings • Dec 15
Full year 2022 earnings released: EPS: JP¥201 (vs JP¥217 in FY 2021) Full year 2022 results: EPS: JP¥201 (down from JP¥217 in FY 2021). Revenue: JP¥20.4b (up 7.3% from FY 2021). Net income: JP¥1.51b (down 7.6% from FY 2021). Profit margin: 7.4% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 15
Natoco Co., Ltd., Annual General Meeting, Jan 26, 2023 Natoco Co., Ltd., Annual General Meeting, Jan 26, 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. 8 non-independent directors. Auditor Masaaki Naito was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 26
Natoco Co., Ltd. to Report Fiscal Year 2022 Results on Dec 13, 2022 Natoco Co., Ltd. announced that they will report fiscal year 2022 results on Dec 13, 2022 Upcoming Dividend • Oct 21
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 28 October 2022. Payment date: 28 January 2023. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.0%). Reported Earnings • Sep 05
Third quarter 2022 earnings released: EPS: JP¥61.88 (vs JP¥50.51 in 3Q 2021) Third quarter 2022 results: EPS: JP¥61.88 (up from JP¥50.51 in 3Q 2021). Revenue: JP¥5.49b (up 16% from 3Q 2021). Net income: JP¥467.0m (up 23% from 3Q 2021). Profit margin: 8.5% (up from 8.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 24
Natoco Co., Ltd. to Report Q3, 2022 Results on Sep 02, 2022 Natoco Co., Ltd. announced that they will report Q3, 2022 results on Sep 02, 2022 Reported Earnings • Jun 08
Second quarter 2022 earnings released: EPS: JP¥57.53 (vs JP¥55.68 in 2Q 2021) Second quarter 2022 results: EPS: JP¥57.53 (up from JP¥55.68 in 2Q 2021). Revenue: JP¥5.03b (up 9.3% from 2Q 2021). Net income: JP¥434.0m (up 3.3% from 2Q 2021). Profit margin: 8.6% (down from 9.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. 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. 8 non-independent directors. Auditor Masaaki Naito was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 20
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 27 April 2022. Payment date: 06 July 2022. Payout ratio is a comfortable 30% and the cash payout ratio is 79%. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.7%). Reported Earnings • Feb 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥217 (up from JP¥136 in FY 2020). Revenue: JP¥19.0b (up 17% from FY 2020). Net income: JP¥1.64b (up 60% from FY 2020). Profit margin: 8.6% (up from 6.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥217 (up from JP¥136 in FY 2020). Revenue: JP¥19.0b (up 17% from FY 2020). Net income: JP¥1.64b (up 60% from FY 2020). Profit margin: 8.6% (up from 6.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Oct 21
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 28 October 2021. Payment date: 27 January 2022. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.0%). Reported Earnings • Sep 06
Third quarter 2021 earnings released: EPS JP¥50.51 (vs JP¥28.63 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.72b (up 24% from 3Q 2020). Net income: JP¥381.0m (up 76% from 3Q 2020). Profit margin: 8.1% (up from 5.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. Reported Earnings • Jun 06
Second quarter 2021 earnings released: EPS JP¥55.68 (vs JP¥27.04 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥4.60b (up 15% from 2Q 2020). Net income: JP¥420.0m (up 106% from 2Q 2020). Profit margin: 9.1% (up from 5.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,770, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 48% over the past three years. Upcoming Dividend • Apr 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 April 2021. Payment date: 07 July 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (2.8%). Higher than average of industry peers (1.8%). Reported Earnings • Mar 04
First quarter 2021 earnings released: EPS JP¥56.21 (vs JP¥26.91 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥4.35b (up 6.5% from 1Q 2020). Net income: JP¥424.0m (up 109% from 1Q 2020). Profit margin: 9.7% (up from 5.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year. Is New 90 Day High Low • Feb 22
New 90-day high: JP¥1,335 The company is up 26% from its price of JP¥1,062 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 7.0% over the same period. Reported Earnings • Feb 02
Full year 2020 earnings released: EPS JP¥136 (vs JP¥130 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¥16.2b (down 8.2% from FY 2019). Net income: JP¥1.03b (up 5.0% from FY 2019). Profit margin: 6.3% (up from 5.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year. Aankondiging • Jan 20
Natoco Co., Ltd. to Report Q1, 2021 Results on Mar 03, 2021 Natoco Co., Ltd. announced that they will report Q1, 2021 results on Mar 03, 2021 Is New 90 Day High Low • Dec 23
New 90-day high: JP¥1,318 The company is up 21% from its price of JP¥1,091 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 11% over the same period. Reported Earnings • Dec 16
Full year 2020 earnings released: EPS JP¥136 The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥16.2b (down 8.2% from FY 2019). Net income: JP¥1.03b (up 5.0% from FY 2019). Profit margin: 6.3% (up from 5.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 21% share price gain to JP¥1,294, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total return to shareholders over the past three years is a loss of 3.9%. Is New 90 Day High Low • Dec 02
New 90-day high: JP¥1,147 The company is up 3.0% from its price of JP¥1,117 on 03 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 Chemicals industry, which is up 19% over the same period. Is New 90 Day High Low • Nov 01
New 90-day low: JP¥1,015 The company is down 1.0% from its price of JP¥1,030 on 03 August 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period. Upcoming Dividend • Oct 22
Upcoming Dividend of JP¥18.00 Per Share Will be paid on the 29th of January to those who are registered shareholders by the 29th of October. The trailing yield of 3.3% is in the top quartile of Japanese dividend payers (3.2%), and it is higher than industry peers (2.2%). Reported Earnings • Sep 18
Third quarter earnings released Over the last 12 months the company has reported total profits of JP¥925.0m, down 8.1% from the prior year. Total revenue was JP¥16.4b over the last 12 months, down 7.5% from the prior year. Aankondiging • Jul 26
Natoco Co., Ltd. to Report Q3, 2020 Results on Sep 04, 2020 Natoco Co., Ltd. announced that they will report Q3, 2020 results on Sep 04, 2020