Aankondiging • Jun 21
Sakae Electronics Corporation to Report Q1, 2027 Results on Aug 10, 2026 Sakae Electronics Corporation announced that they will report Q1, 2027 results on Aug 10, 2026 New Risk • May 27
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 7.3% 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 Earnings have declined by 28% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥2.77b market cap, or US$17.4m). Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥633, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 39% over the past three years. Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥22.25 (vs JP¥7.29 in FY 2025) Full year 2026 results: EPS: JP¥22.25 (up from JP¥7.29 in FY 2025). Revenue: JP¥7.33b (up 14% from FY 2025). Net income: JP¥113.0m (up 205% from FY 2025). Profit margin: 1.5% (up from 0.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Aankondiging • May 14
Sakae Electronics Corporation, Annual General Meeting, Jun 26, 2026 Sakae Electronics Corporation, Annual General Meeting, Jun 26, 2026. Aankondiging • May 10
Sakae Electronics Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Sakae Electronics Corporation announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: JP¥6.70 (vs JP¥4.92 in 3Q 2025) Third quarter 2026 results: EPS: JP¥6.70 (up from JP¥4.92 in 3Q 2025). Revenue: JP¥1.84b (up 9.3% from 3Q 2025). Net income: JP¥34.0m (up 36% from 3Q 2025). Profit margin: 1.8% (up from 1.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 13
Sakae Electronics Corporation to Report Q3, 2026 Results on Feb 13, 2026 Sakae Electronics Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: JP¥4.73 (vs JP¥1.97 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥4.73 (up from JP¥1.97 loss in 2Q 2025). Revenue: JP¥1.61b (up 4.7% from 2Q 2025). Net income: JP¥24.0m (up JP¥34.0m from 2Q 2025). Profit margin: 1.5% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 02
Sakae Electronics Corporation to Report Q2, 2026 Results on Nov 13, 2025 Sakae Electronics Corporation announced that they will report Q2, 2026 results on Nov 13, 2025 New Risk • Aug 10
New major risk - Revenue and earnings growth Earnings have declined by 3.9% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 212% Paying a dividend despite having no free cash flows. Earnings have declined by 3.9% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (JP¥2.54b market cap, or US$17.2m). Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥3.54 (vs JP¥6.10 in 1Q 2025) First quarter 2026 results: EPS: JP¥3.54 (down from JP¥6.10 in 1Q 2025). Revenue: JP¥1.75b (up 5.2% from 1Q 2025). Net income: JP¥18.0m (down 42% from 1Q 2025). Profit margin: 1.0% (down from 1.9% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: JP¥7.29 (vs JP¥45.29 in FY 2024) Full year 2025 results: EPS: JP¥7.29 (down from JP¥45.29 in FY 2024). Revenue: JP¥6.43b (down 23% from FY 2024). Net income: JP¥37.0m (down 84% from FY 2024). Profit margin: 0.6% (down from 2.7% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Aankondiging • Jun 03
Sakae Electronics Corporation to Report Q1, 2026 Results on Aug 08, 2025 Sakae Electronics Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 New Risk • Jun 02
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 137% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 137% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥2.32b market cap, or US$16.2m). Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥7.29 (vs JP¥45.29 in FY 2024) Full year 2025 results: EPS: JP¥7.29 (down from JP¥45.29 in FY 2024). Revenue: JP¥6.43b (down 23% from FY 2024). Net income: JP¥37.0m (down 84% from FY 2024). Profit margin: 0.6% (down from 2.7% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Aankondiging • May 14
Sakae Electronics Corporation, Annual General Meeting, Jun 27, 2025 Sakae Electronics Corporation, Annual General Meeting, Jun 27, 2025. New Risk • Mar 30
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 5.2% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (JP¥2.32b market cap, or US$15.5m). Aankondiging • Mar 27
Sakae Electronics Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Sakae Electronics Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥4.92 (vs JP¥9.65 in 3Q 2024) Third quarter 2025 results: EPS: JP¥4.92 (down from JP¥9.65 in 3Q 2024). Revenue: JP¥1.68b (down 17% from 3Q 2024). Net income: JP¥25.0m (down 49% from 3Q 2024). Profit margin: 1.5% (down from 2.4% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥466, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 13x in the Electronic industry in Japan. Total returns to shareholders of 13% over the past three years. Aankondiging • Jan 05
Sakae Electronics Corporation to Report Q3, 2025 Results on Feb 13, 2025 Sakae Electronics Corporation announced that they will report Q3, 2025 results on Feb 13, 2025 Aankondiging • Sep 19
Sakae Electronics Corporation to Report Q2, 2025 Results on Nov 13, 2024 Sakae Electronics Corporation announced that they will report Q2, 2025 results on Nov 13, 2024 Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: JP¥6.10 (vs JP¥19.89 in 1Q 2024) First quarter 2025 results: EPS: JP¥6.10 (down from JP¥19.89 in 1Q 2024). Revenue: JP¥1.67b (down 33% from 1Q 2024). Net income: JP¥31.0m (down 69% from 1Q 2024). Profit margin: 1.9% (down from 4.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Aug 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to JP¥348. The fair value is estimated to be JP¥436, 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 16%. Aankondiging • Jun 28
Sakae Electronics Corporation to Report Q1, 2025 Results on Aug 09, 2024 Sakae Electronics Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 18
Full year 2024 earnings released: EPS: JP¥45.29 (vs JP¥128 in FY 2023) Full year 2024 results: EPS: JP¥45.29 (down from JP¥128 in FY 2023). Revenue: JP¥8.37b (down 23% from FY 2023). Net income: JP¥230.0m (down 65% from FY 2023). Profit margin: 2.7% (down from 6.0% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Aankondiging • May 17
Sakae Electronics Corporation, Annual General Meeting, Jun 27, 2024 Sakae Electronics Corporation, Annual General Meeting, Jun 27, 2024. Aankondiging • Mar 28
Sakae Electronics Corporation to Report Fiscal Year 2024 Results on May 14, 2024 Sakae Electronics Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥9.65 (vs JP¥32.29 in 3Q 2023) Third quarter 2024 results: EPS: JP¥9.65 (down from JP¥32.29 in 3Q 2023). Revenue: JP¥2.03b (down 28% from 3Q 2023). Net income: JP¥49.0m (down 70% from 3Q 2023). Profit margin: 2.4% (down from 5.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Aankondiging • Dec 28
Sakae Electronics Corporation to Report Q3, 2024 Results on Feb 09, 2024 Sakae Electronics Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥11.81 (vs JP¥35.25 in 2Q 2023) Second quarter 2024 results: EPS: JP¥11.81 (down from JP¥35.25 in 2Q 2023). Revenue: JP¥2.15b (down 28% from 2Q 2023). Net income: JP¥60.0m (down 67% from 2Q 2023). Profit margin: 2.8% (down from 6.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Sep 29
Sakae Electronics Corporation to Report Q2, 2024 Results on Nov 10, 2023 Sakae Electronics Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥19.89 (vs JP¥38.79 in 1Q 2023) First quarter 2024 results: EPS: JP¥19.89 (down from JP¥38.79 in 1Q 2023). Revenue: JP¥2.47b (down 10% from 1Q 2023). Net income: JP¥101.0m (down 49% from 1Q 2023). Profit margin: 4.1% (down from 7.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Jun 28
Sakae Electronics Corporation to Report Q1, 2024 Results on Aug 10, 2023 Sakae Electronics Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥128 (vs JP¥105 in FY 2022) Full year 2023 results: EPS: JP¥128 (up from JP¥105 in FY 2022). Revenue: JP¥10.8b (up 20% from FY 2022). Net income: JP¥651.0m (up 23% from FY 2022). Profit margin: 6.0% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • May 14
Sakae Electronics Corporation, Annual General Meeting, Jun 29, 2023 Sakae Electronics Corporation, Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 5.2% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than 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¥32.29 (vs JP¥49.62 in 3Q 2022) Third quarter 2023 results: EPS: JP¥32.29 (down from JP¥49.62 in 3Q 2022). Revenue: JP¥2.81b (down 1.1% from 3Q 2022). Net income: JP¥164.0m (down 35% from 3Q 2022). Profit margin: 5.8% (down from 8.9% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • Dec 29
Sakae Electronics Corporation to Report Q3, 2023 Results on Feb 09, 2023 Sakae Electronics Corporation announced that they will report Q3, 2023 results on Feb 09, 2023 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥561, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 11x in the Electronic industry in Japan. Total loss to shareholders of 6.6% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Outside Director Midori Tanaka was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥35.25 (vs JP¥14.77 in 2Q 2022) Second quarter 2023 results: EPS: JP¥35.25 (up from JP¥14.77 in 2Q 2022). Revenue: JP¥2.99b (up 40% from 2Q 2022). Net income: JP¥179.0m (up 139% from 2Q 2022). Profit margin: 6.0% (up from 3.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Aankondiging • Sep 23
Sakae Electronics Corporation to Report Q2, 2023 Results on Nov 10, 2022 Sakae Electronics Corporation announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥38.79 (vs JP¥11.62 in 1Q 2022) First quarter 2023 results: EPS: JP¥38.79 (up from JP¥11.62 in 1Q 2022). Revenue: JP¥2.75b (up 65% from 1Q 2022). Net income: JP¥197.0m (up 234% from 1Q 2022). Profit margin: 7.2% (up from 3.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥516, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 46% over the past three years. Aankondiging • Jun 29
Sakae Electronics Corporation to Report Q1, 2023 Results on Aug 10, 2022 Sakae Electronics Corporation announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥105 (vs JP¥22.84 in FY 2021) Full year 2022 results: EPS: JP¥105 (up from JP¥22.84 in FY 2021). Revenue: JP¥9.01b (up 60% from FY 2021). Net income: JP¥531.0m (up 358% from FY 2021). Profit margin: 5.9% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • May 14
Sakae Electronics Corporation, Annual General Meeting, Jun 29, 2022 Sakae Electronics Corporation, Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Outside Director Midori Tanaka was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 08
Sakae Electronics Corporation to Report Fiscal Year 2022 Results on May 12, 2022 Sakae Electronics Corporation announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 8.2% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorated over the past week After last week's 19% share price decline to JP¥510, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 54% over the past three years. Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥49.62 (up from JP¥5.12 in 3Q 2021). Revenue: JP¥2.84b (up 119% from 3Q 2021). Net income: JP¥252.0m (up JP¥226.0m from 3Q 2021). Profit margin: 8.9% (up from 2.0% in 3Q 2021). 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 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS JP¥14.77 (vs JP¥2.17 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.13b (up 53% from 2Q 2021). Net income: JP¥75.0m (up JP¥64.0m from 2Q 2021). Profit margin: 3.5% (up from 0.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥11.62 (vs JP¥6.50 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥1.66b (up 13% from 1Q 2021). Net income: JP¥59.0m (up 79% from 1Q 2021). Profit margin: 3.5% (up from 2.2% in 1Q 2021). The increase in margin was driven by higher revenue. 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 2% per year, which means it has not declined as severely as earnings. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥22.84 (vs JP¥13.00 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥5.62b (up 3.1% from FY 2020). Net income: JP¥116.0m (up 76% from FY 2020). Profit margin: 2.1% (up from 1.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥5.12 (vs JP¥2.56 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥1.30b (flat on 3Q 2020). Net income: JP¥26.0m (up 100% from 3Q 2020). Profit margin: 2.0% (up from 1.0% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 19
New 90-day high: JP¥614 The company is up 20% from its price of JP¥510 on 21 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 21% over the same period. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥575, the stock is trading at a trailing P/E ratio of 34.4x, up from the previous P/E ratio of 28.9x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 15%. Aankondiging • Dec 30
Sakae Electronics Corporation to Report Q3, 2021 Results on Feb 10, 2021 Sakae Electronics Corporation announced that they will report Q3, 2021 results on Feb 10, 2021 Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment deteriorated over the past week After last week's 20% share price decline to JP¥483, the stock is trading at a trailing P/E ratio of 28.9x, down from the previous P/E ratio of 36.1x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 24%. Is New 90 Day High Low • Dec 17
New 90-day high: JP¥605 The company is up 19% from its price of JP¥510 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥605, the stock is trading at a trailing P/E ratio of 36.1x, up from the previous P/E ratio of 29.7x. This compares to an average P/E of 19x in the Electronic industry in Japan. Total return to shareholders over the past three years is a loss of 8.6%. Is New 90 Day High Low • Nov 19
New 90-day low: JP¥463 The company is down 8.0% from its price of JP¥504 on 21 August 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 17% over the same period. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS JP¥2.17 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥1.40b (down 1.8% from 2Q 2020). Net income: JP¥11.0m (up 120% from 2Q 2020). Profit margin: 0.8% (up from 0.4% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Aankondiging • Oct 10
Sakae Electronics Corporation to Report Q2, 2021 Results on Nov 11, 2020 Sakae Electronics Corporation announced that they will report Q2, 2021 results on Nov 11, 2020 Is New 90 Day High Low • Oct 09
New 90-day high: JP¥541 The company is up 12% from its price of JP¥481 on 10 July 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. Aankondiging • Jun 28
Sakae Electronics Corporation to Report Q1, 2021 Results on Aug 11, 2020 Sakae Electronics Corporation announced that they will report Q1, 2021 results on Aug 11, 2020