Buy Or Sell Opportunity • Feb 16
Now 21% undervalued Over the last 90 days, the stock has risen 3.3% to JP¥2,122. The fair value is estimated to be JP¥2,697, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 2.9%. Aankondiging • Feb 13
Power Solutions, Ltd., Annual General Meeting, Mar 27, 2026 Power Solutions, Ltd., Annual General Meeting, Mar 27, 2026. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥12.50 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.2%). Aankondiging • Dec 03
Power Solutions, Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026 Power Solutions, Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026 Buy Or Sell Opportunity • Dec 01
Now 21% undervalued Over the last 90 days, the stock has risen 3.3% to JP¥2,072. The fair value is estimated to be JP¥2,615, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 3.8%. Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: JP¥30.73 (vs JP¥18.85 in 3Q 2024) Third quarter 2025 results: EPS: JP¥30.73 (up from JP¥18.85 in 3Q 2024). Revenue: JP¥2.03b (up 18% from 3Q 2024). Net income: JP¥95.0m (up 73% from 3Q 2024). Profit margin: 4.7% (up from 3.2% 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 4% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,200, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 73% over the past three years. Aankondiging • Sep 03
Power Solutions, Ltd. to Report Q3, 2025 Results on Nov 14, 2025 Power Solutions, Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025 Buy Or Sell Opportunity • Aug 21
Now 22% undervalued Over the last 90 days, the stock has risen 55% to JP¥2,088. The fair value is estimated to be JP¥2,693, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years, while earnings per share has been flat. Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: JP¥36.71 (vs JP¥17.30 in 2Q 2024) Second quarter 2025 results: EPS: JP¥36.71 (up from JP¥17.30 in 2Q 2024). Revenue: JP¥1.97b (up 26% from 2Q 2024). Net income: JP¥111.0m (up 122% from 2Q 2024). Profit margin: 5.6% (up from 3.2% 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 1% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 17
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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (4.7% net profit margin). Market cap is less than US$100m (JP¥4.91b market cap, or US$33.0m). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥1,660, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 31% over the past three years. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥12.50 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 19% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.2%). Aankondiging • May 29
Power Solutions, Ltd. to Report Q2, 2025 Results on Aug 14, 2025 Power Solutions, Ltd. announced that they will report Q2, 2025 results on Aug 14, 2025 Reported Earnings • May 19
First quarter 2025 earnings released: EPS: JP¥38.25 (vs JP¥34.63 in 1Q 2024) First quarter 2025 results: EPS: JP¥38.25 (up from JP¥34.63 in 1Q 2024). Revenue: JP¥2.05b (up 28% from 1Q 2024). Net income: JP¥113.0m (up 14% from 1Q 2024). Profit margin: 5.5% (down from 6.2% in 1Q 2024). 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. Aankondiging • Mar 04
Power Solutions, Ltd. to Report Q1, 2025 Results on May 14, 2025 Power Solutions, Ltd. announced that they will report Q1, 2025 results on May 14, 2025 Aankondiging • Feb 17
Power Solutions, Ltd., Annual General Meeting, Mar 26, 2025 Power Solutions, Ltd., Annual General Meeting, Mar 26, 2025. New Risk • Feb 16
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.0% Last year net profit margin: 7.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (5.0% net profit margin). Market cap is less than US$100m (JP¥4.00b market cap, or US$26.3m). Aankondiging • Jan 03
Power Solutions, Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025 Power Solutions, Ltd. announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on Feb 14, 2025 New Risk • Sep 02
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 3.2% 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 High level of non-cash earnings (55% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (JP¥3.99b market cap, or US$27.4m). New Risk • Aug 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (55% accrual ratio). Minor Risks Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (JP¥3.92b market cap, or US$27.1m). Reported Earnings • Aug 19
Second quarter 2024 earnings released: EPS: JP¥3,093 (vs JP¥59.86 in 2Q 2023) Second quarter 2024 results: EPS: JP¥3,093. Revenue: JP¥1.57b (up 10% from 2Q 2023). Net income: JP¥50.0m (down 71% from 2Q 2023). Profit margin: 3.2% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. New Risk • Aug 05
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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (JP¥3.42b market cap, or US$24.0m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to JP¥1,173, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 14% over the past three years. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: JP¥69.26 (vs JP¥44.65 in 1Q 2023) First quarter 2024 results: EPS: JP¥69.26 (up from JP¥44.65 in 1Q 2023). Revenue: JP¥1.60b (up 13% from 1Q 2023). Net income: JP¥99.0m (up 57% from 1Q 2023). Profit margin: 6.2% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue. Aankondiging • Mar 01
Power Solutions, Ltd. to Report Q1, 2024 Results on May 14, 2024 Power Solutions, Ltd. announced that they will report Q1, 2024 results on May 14, 2024 Reported Earnings • Feb 17
Full year 2023 earnings released: EPS: JP¥314 (vs JP¥228 in FY 2022) Full year 2023 results: EPS: JP¥314 (up from JP¥228 in FY 2022). Revenue: JP¥5.93b (up 12% from FY 2022). Net income: JP¥446.0m (up 40% from FY 2022). Profit margin: 7.5% (up from 6.0% in FY 2022). The increase in margin was driven by higher revenue. Aankondiging • Feb 16
Power Solutions, Ltd., Annual General Meeting, Mar 29, 2024 Power Solutions, Ltd., Annual General Meeting, Mar 29, 2024. Aankondiging • Dec 05
Power Solutions, Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024 Power Solutions, Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024 Reported Earnings • Nov 20
Third quarter 2023 earnings released: EPS: JP¥60.21 (vs JP¥26.23 in 3Q 2022) Third quarter 2023 results: EPS: JP¥60.21 (up from JP¥26.23 in 3Q 2022). Revenue: JP¥1.51b (up 13% from 3Q 2022). Net income: JP¥86.0m (up 132% from 3Q 2022). Profit margin: 5.7% (up from 2.8% in 3Q 2022). The increase in margin was driven by higher revenue. Aankondiging • Aug 30
Power Solutions, Ltd. to Report Q3, 2023 Results on Nov 14, 2023 Power Solutions, Ltd. announced that they will report Q3, 2023 results on Nov 14, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: JP¥120 (vs JP¥49.74 in 2Q 2022) Second quarter 2023 results: EPS: JP¥120 (up from JP¥49.74 in 2Q 2022). Revenue: JP¥1.42b (up 8.3% from 2Q 2022). Net income: JP¥170.0m (up 146% from 2Q 2022). Profit margin: 12% (up from 5.3% in 2Q 2022). Aankondiging • Dec 06
Power Solutions, Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023 Power Solutions, Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shuichi Nakamura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 30
Power Solutions, Ltd. to Report Q3, 2022 Results on Nov 11, 2022 Power Solutions, Ltd. announced that they will report Q3, 2022 results on Nov 11, 2022 Aankondiging • Jul 01
Power Solutions, Ltd. to Report Q2, 2022 Results on Aug 12, 2022 Power Solutions, Ltd. announced that they will report Q2, 2022 results on Aug 12, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Shuichi Nakamura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 08
Power Solutions, Ltd. to Report Q1, 2022 Results on May 13, 2022 Power Solutions, Ltd. announced that they will report Q1, 2022 results on May 13, 2022 Aankondiging • Feb 17
Power Solutions, Ltd., Annual General Meeting, Mar 30, 2022 Power Solutions, Ltd., Annual General Meeting, Mar 30, 2022. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥2,793, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 23x in the IT industry in Japan. Total returns to shareholders of 5.3% over the past year. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥2,607, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 22x in the IT industry in Japan. Total returns to shareholders of 11% over the past year. Reported Earnings • Apr 06
Full year 2020 earnings released: EPS JP¥50.52 (vs JP¥199 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥2.68b (down 6.8% from FY 2019). Net income: JP¥69.0m (down 69% from FY 2019). Profit margin: 2.6% (down from 7.8% in FY 2019). Aankondiging • Feb 28
Power Solutions, Ltd. to Report Q1, 2021 Results on May 14, 2021 Power Solutions, Ltd. announced that they will report Q1, 2021 results on May 14, 2021 Is New 90 Day High Low • Feb 17
New 90-day low: JP¥2,130 The company is down 13% from its price of JP¥2,452 on 19 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 11% over the same period. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥50.52 (vs JP¥199 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥2.68b (down 6.8% from FY 2019). Net income: JP¥69.0m (down 69% from FY 2019). Profit margin: 2.6% (down from 7.8% in FY 2019). Is New 90 Day High Low • Dec 22
New 90-day low: JP¥2,327 The company is down 11% from its price of JP¥2,620 on 23 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 IT industry, which is up 1.0% over the same period. Aankondiging • Dec 05
Power Solutions, Ltd. to Report Fiscal Year 2020 Results on Feb 12, 2021 Power Solutions, Ltd. announced that they will report fiscal year 2020 results on Feb 12, 2021 Is New 90 Day High Low • Dec 04
New 90-day low: JP¥2,413 The company is down 5.0% from its price of JP¥2,529 on 04 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 IT industry, which is up 8.0% over the same period. Aankondiging • Sep 03
Power Solutions, Ltd. to Report Q3, 2020 Results on Nov 13, 2020 Power Solutions, Ltd. announced that they will report Q3, 2020 results on Nov 13, 2020