Aankondiging • 2h
Restar Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Restar Corporation announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥75.29 (vs JP¥35.35 in 3Q 2025) Third quarter 2026 results: EPS: JP¥75.29 (up from JP¥35.35 in 3Q 2025). Revenue: JP¥158.9b (up 11% from 3Q 2025). Net income: JP¥2.12b (up 113% from 3Q 2025). Profit margin: 1.3% (up from 0.7% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Declared Dividend • Dec 06
First half dividend of JP¥65.00 announced Shareholders will receive a dividend of JP¥65.00. Ex-date: 30th March 2026 Payment date: 15th June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 111% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Dec 04
Restar Corporation to Report Q3, 2026 Results on Feb 12, 2026 Restar Corporation announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: JP¥47.23 (vs JP¥45.83 in 2Q 2025) Second quarter 2026 results: EPS: JP¥47.23. Revenue: JP¥144.6b (up 5.0% from 2Q 2025). Net income: JP¥1.33b (down 3.6% from 2Q 2025). Profit margin: 0.9% (down from 1.0% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electronic industry in Japan. Buy Or Sell Opportunity • Nov 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to JP¥2,553. The fair value is estimated to be JP¥3,232, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 68% in the next 2 years. Buy Or Sell Opportunity • Oct 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.8% to JP¥2,545. The fair value is estimated to be JP¥3,199, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 68% in the next 2 years. Buy Or Sell Opportunity • Sep 29
Now 21% undervalued Over the last 90 days, the stock has risen 3.9% to JP¥2,621. The fair value is estimated to be JP¥3,305, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 68% in the next 2 years. 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: 05 December 2025. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Aankondiging • Sep 04
Restar Corporation to Report Q2, 2026 Results on Nov 13, 2025 Restar Corporation announced that they will report Q2, 2026 results on Nov 13, 2025 Buy Or Sell Opportunity • Aug 29
Now 21% undervalued Over the last 90 days, the stock has risen 5.3% to JP¥2,614. The fair value is estimated to be JP¥3,317, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 68% in the next 2 years. New Risk • Aug 09
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: 0.9% Last year net profit margin: 1.8% 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 High level of debt (57% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Declared Dividend • Jul 09
Final dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 4.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 04
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥257 (up from JP¥233 in FY 2024). Revenue: JP¥561.0b (up 9.5% from FY 2024). Net income: JP¥7.47b (up 6.7% from FY 2024). Profit margin: 1.3% (down from 1.4% in FY 2024). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Aankondiging • Jun 06
Restar Corporation to Report Q1, 2026 Results on Aug 08, 2025 Restar Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 New Risk • May 22
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Aankondiging • May 14
Restar Corporation, Annual General Meeting, Jun 27, 2025 Restar Corporation, Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,909, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 16% over the past three years. Aankondiging • Apr 03
Restar Corporation Appoints Hideki Yoshida as Chief Technology Officer, Group Technology Officer Restar Corporation hereby announced that the Board of Directors has made the following announcements regarding changes in the representative directors. This matter is scheduled to be officially decided after the Ordinary General Meeting of Shareholders to be held on June 27, 2025 and the Board of Directors following the General Meeting of Shareholders. The company announced the appointment of Hideki Yoshida as Chief Technology Officer, Group Technology Officer, effective April 1, 2025. Aankondiging • Mar 08
Restar Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Restar Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥35.35 (vs JP¥46.76 in 3Q 2024) Third quarter 2025 results: EPS: JP¥35.35 (down from JP¥46.76 in 3Q 2024). Revenue: JP¥143.8b (up 11% from 3Q 2024). Net income: JP¥995.0m (down 29% from 3Q 2024). Profit margin: 0.7% (down from 1.1% in 3Q 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 04
Restar Corporation (TSE:3156) completed the acquisition of 51% stake in Dexerials Taiwan Corporation from Dexerials Corporation (TSE:4980). Restar Corporation (TSE:3156) agreed to acquire 51% stake in Dexerials Taiwan Corporation from Dexerials Corporation (TSE:4980) for approximately TWD 130 million on September 25, 2024. A cash consideration of TWD 126.99 million will be paid by Restar Corporation. As part of consideration, TWD 126.99 million is paid towards common equity of Dexerials Taiwan Corporation.
For the period ending March 31, 2024, Dexerials Taiwan Corporation reported total revenue of TWD 4.57 billion and EBIT of TWD 202.08 million. As of March 31, 2024, Dexerials Taiwan Corporation reported total assets of TWD 1.75 billion and total common equity of TWD 663.94 million. The transaction is expected to complete on January 1, 2025. The transaction is expected to close on February 3, 2025.
Restar Corporation (TSE:3156) completed the acquisition of 51% stake in Dexerials Taiwan Corporation from Dexerials Corporation (TSE:4980) on February 3, 2025. Aankondiging • Dec 04
Restar Corporation to Report Q3, 2025 Results on Feb 12, 2025 Restar Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 19
Second quarter 2025 earnings released: EPS: JP¥45.83 (vs JP¥89.26 in 2Q 2024) Second quarter 2025 results: EPS: JP¥45.83 (down from JP¥89.26 in 2Q 2024). Revenue: JP¥137.6b (up 9.5% from 2Q 2024). Net income: JP¥1.38b (down 49% from 2Q 2024). Profit margin: 1.0% (down from 2.1% in 2Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in Japan. 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 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Aankondiging • Sep 05
Restar Corporation to Report Q2, 2025 Results on Nov 13, 2024 Restar Corporation announced that they will report Q2, 2025 results on Nov 13, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥100 (vs JP¥22.72 in 1Q 2024) First quarter 2025 results: EPS: JP¥100 (up from JP¥22.72 in 1Q 2024). Revenue: JP¥135.4b (up 13% from 1Q 2024). Net income: JP¥3.01b (up 341% from 1Q 2024). Profit margin: 2.2% (up from 0.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic 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 14% per year. Buy Or Sell Opportunity • Aug 13
Now 29% overvalued Over the last 90 days, the stock has fallen 1.8% to JP¥2,909. The fair value is estimated to be JP¥2,264, however this is not to be taken as a sell 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 12%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. 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 6.2% 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: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥2,270, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 38% over the past three years. Aankondiging • Jun 02
Restar Corporation to Report Q1, 2025 Results on Aug 09, 2024 Restar Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 16
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: JP¥233 (down from JP¥236 in FY 2023). Revenue: JP¥512.5b (up 5.2% from FY 2023). Net income: JP¥7.00b (down 1.1% from FY 2023). Profit margin: 1.4% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Electronic 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. Aankondiging • May 15
Restar Corporation, Annual General Meeting, Jun 27, 2024 Restar Corporation, Annual General Meeting, Jun 27, 2024. Aankondiging • Mar 17
Restar Holdings Corporation to Report Fiscal Year 2024 Results on May 13, 2024 Restar Holdings Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: JP¥46.76 (vs JP¥41.94 in 3Q 2023) Third quarter 2024 results: EPS: JP¥46.76 (up from JP¥41.94 in 3Q 2023). Revenue: JP¥129.6b (up 1.2% from 3Q 2023). Net income: JP¥1.41b (up 12% from 3Q 2023). Profit margin: 1.1% (up from 1.0% in 3Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electronic industry in Japan. 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 11% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 07
Restar Holdings Corporation (TSE:3156) agreed to acquire 51% stake in Dexerials Hong Kong Limited from Dexerials Corporation (TSE:4980) for $7.1 million. Restar Holdings Corporation (TSE:3156) agreed to acquire 51% stake in Dexerials Hong Kong Limited from Dexerials Corporation (TSE:4980) for $7.1 million on February 5, 2024. As part of acquisition, 2,193,000 shares will be acquired. The transaction is expected to complete on July 1, 2024. Aankondiging • Jan 11
Restar Holdings Corporation (TSE:3156) completed the acquisition of Tsuzuki Embedded Solutions, Tsuzuki Densan Trading (Shanghai), Tsuzuki Densan Hong Kong and Tsuzuki Densan Singapore from Tsuzuki Denki Co., Ltd. (TSE:8157). Restar Holdings Corporation (TSE:3156) agreed to acquire Tsuzuki Embedded Solutions, Tsuzuki Densan Trading (Shanghai), Tsuzuki Densan Hong Kong and Tsuzuki Densan Singapore from Tsuzuki Denki Co., Ltd. (TSE:8157) for ¥12.9 billion on September 29, 2023. Transaction is expected to complete on January 9, 2024.Restar Holdings Corporation (TSE:3156) completed the acquisition of Tsuzuki Embedded Solutions, Tsuzuki Densan Trading (Shanghai), Tsuzuki Densan Hong Kong and Tsuzuki Densan Singapore from Tsuzuki Denki Co., Ltd. (TSE:8157) on January 9, 2024. Aankondiging • Nov 30
Restar Holdings Corporation to Report Q3, 2024 Results on Feb 13, 2024 Restar Holdings Corporation announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 18
Second quarter 2024 earnings released: EPS: JP¥89.26 (vs JP¥79.69 in 2Q 2023) Second quarter 2024 results: EPS: JP¥89.26 (up from JP¥79.69 in 2Q 2023). Revenue: JP¥125.7b (down 1.2% from 2Q 2023). Net income: JP¥2.68b (up 12% from 2Q 2023). Profit margin: 2.1% (up from 1.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥55.00 per share at 4.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Aankondiging • Sep 13
Restar Holdings Corporation to Report Q2, 2024 Results on Nov 14, 2023 Restar Holdings Corporation announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥22.72 (vs JP¥74.37 in 1Q 2023) First quarter 2024 results: EPS: JP¥22.72 (down from JP¥74.37 in 1Q 2023). Revenue: JP¥119.6b (up 6.2% from 1Q 2023). Net income: JP¥683.0m (down 70% from 1Q 2023). Profit margin: 0.6% (down from 2.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Jul 25
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Outside Director Reiko Date was the last independent director to join the board, commencing their role in 2020. 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 • May 31
Restar Holdings Corporation to Report Q1, 2024 Results on Aug 10, 2023 Restar Holdings Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Aankondiging • May 17
Restar Holdings Corporation, Annual General Meeting, Jun 29, 2023 Restar Holdings Corporation, Annual General Meeting, Jun 29, 2023. Reported Earnings • May 14
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: JP¥236 (up from JP¥198 in FY 2022). Revenue: JP¥487.1b (up 22% from FY 2022). Net income: JP¥7.09b (up 19% from FY 2022). Profit margin: 1.5% (in line with FY 2022). Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates by 13%. Over the last 3 years on average, earnings per share has increased by 14% 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 • Mar 23
Upcoming dividend of JP¥60.00 per share at 4.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥41.94 (vs JP¥48.56 in 3Q 2022) Third quarter 2023 results: EPS: JP¥41.94 (down from JP¥48.56 in 3Q 2022). Revenue: JP¥128.1b (up 24% from 3Q 2022). Net income: JP¥1.26b (down 14% from 3Q 2022). Profit margin: 1.0% (down from 1.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.6% p.a. on average during the next 2 years, while revenues in the Electronic industry in Japan are expected to grow by 6.8%. 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. Aankondiging • Dec 02
Restar Holdings Corporation to Report Q3, 2023 Results on Feb 09, 2023 Restar Holdings Corporation announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: JP¥79.68 (up from JP¥47.76 in 2Q 2022). Revenue: JP¥127.2b (up 26% from 2Q 2022). Net income: JP¥2.40b (up 67% from 2Q 2022). Profit margin: 1.9% (up from 1.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year. Reported Earnings • Nov 12
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: JP¥79.68 (up from JP¥47.76 in 2Q 2022). Revenue: JP¥127.2b (up 26% from 2Q 2022). Net income: JP¥2.40b (up 67% from 2Q 2022). Profit margin: 1.9% (up from 1.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year. 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: 05 December 2022. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Aankondiging • Sep 04
Restar Holdings Corporation to Report Q2, 2023 Results on Nov 10, 2022 Restar Holdings Corporation announced that they will report Q2, 2023 results on Nov 10, 2022 Aankondiging • Aug 16
Restar Holdings Corporation, Annual General Meeting, Aug 25, 2022 Restar Holdings Corporation, Annual General Meeting, Aug 25, 2022, at 10:00 Tokyo Standard Time. Location: Floor B1, Head Office Building, Restar Holdings Corporation 6-5, Higashi Shinagawa 3-chome, Shingawa-ku Tokyo Japan Agenda: To consider and approve report on the business report, Consolidated Financial Statement and Audited Reports on the consolidated financial statement from the accounting auditor and the audit and supervisory committee for the 13 fiscal year; and to consider report on the non-consolidated financial statement for 13 fiscal year. Reported Earnings • Aug 03
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥198 (up from JP¥135 in FY 2021). Revenue: JP¥399.6b (up 23% from FY 2021). Net income: JP¥5.96b (up 47% from FY 2021). Profit margin: 1.5% (up from 1.3% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 9.9%, compared to a 9.4% growth forecast for the industry in Japan. 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 8% per year, which means it is well ahead of earnings. Aankondiging • Jul 28
Restar Holdings Corporation to Report Q1, 2023 Results on Aug 10, 2022 Restar Holdings Corporation announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 13
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥198 (up from JP¥135 in FY 2021). Revenue: JP¥399.6b (up 23% from FY 2021). Net income: JP¥5.96b (up 47% from FY 2021). Profit margin: 1.5% (up from 1.3% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 5.2%, compared to a 8.4% growth forecast for the industry in Japan. 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 8% per year, which means it is well ahead of earnings. Aankondiging • May 13
Restar Holdings Corporation, Annual General Meeting, Jun 21, 2022 Restar Holdings Corporation, Annual General Meeting, Jun 21, 2022. Aankondiging • Apr 07
Restar Holdings Corporation to Report Fiscal Year 2022 Results on May 11, 2022 Restar Holdings Corporation announced that they will report fiscal year 2022 results on May 11, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 08 June 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 12
Third quarter 2022 earnings: EPS misses analyst expectations Third quarter 2022 results: EPS: JP¥48.56 (down from JP¥176 in 3Q 2021). Revenue: JP¥103.6b (up 18% from 3Q 2021). Net income: JP¥1.46b (down 72% from 3Q 2021). Profit margin: 1.4% (down from 6.0% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 53%. Over the last 3 years on average, earnings per share has fallen by 8% 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 • Jan 30
Restar Holdings Corporation (TSE:3156) agreed to acquire an unknown majority stake in Cardservice Inc./CS Logistics Co., Ltd. Restar Holdings Corporation (TSE:3156) agreed to acquire an unknown majority stake in Cardservice Inc./CS Logistics Co., Ltd. on January 28, 2022. Upon completion, Restar Holdings will make Cardservice Inc./CS Logistics Co., Ltd. subsidiaries. The transaction is expected to be closed on February 16, 2022. Reported Earnings • Nov 13
Second quarter 2022 earnings released: EPS JP¥47.76 (vs JP¥41.17 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥100.9b (up 28% from 2Q 2021). Net income: JP¥1.44b (up 16% from 2Q 2021). Profit margin: 1.4% (down from 1.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥83.81 (vs JP¥24.78 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥91.7b (up 34% from 1Q 2021). Net income: JP¥2.52b (up 238% from 1Q 2021). Profit margin: 2.7% (up from 1.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS JP¥135 (vs JP¥190 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥323.8b (down 15% from FY 2020). Net income: JP¥4.05b (down 29% from FY 2020). Profit margin: 1.3% (down from 1.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥135 (vs JP¥190 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥323.8b (down 15% from FY 2020). Net income: JP¥4.05b (down 29% from FY 2020). Profit margin: 1.3% (down from 1.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 09 June 2021. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Aankondiging • Mar 04
Restar Holdings Corporation to Report Fiscal Year 2021 Results on May 12, 2021 Restar Holdings Corporation announced that they will report fiscal year 2021 results on May 12, 2021 Is New 90 Day High Low • Feb 18
New 90-day low: JP¥2,055 The company is down 6.0% from its price of JP¥2,195 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥176 (vs JP¥37.42 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥87.5b (down 4.5% from 3Q 2020). Net income: JP¥5.28b (up 370% from 3Q 2020). Profit margin: 6.0% (up from 1.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 31% 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 • Jan 29
New 90-day low: JP¥2,092 The company is down 6.0% from its price of JP¥2,226 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 26% over the same period. Aankondiging • Jan 07
Restar Holdings Corporation to Report Q3, 2021 Results on Feb 12, 2021 Restar Holdings Corporation announced that they will report Q3, 2021 results on Feb 12, 2021 Aankondiging • Aug 30
Restar Holdings Corporation to Report Q2, 2021 Results on Nov 12, 2020 Restar Holdings Corporation announced that they will report Q2, 2021 results on Nov 12, 2020