Reported Earnings • Aug 06
First quarter 2027 earnings released: EPS: JP¥86.41 (vs JP¥31.50 in 1Q 2026) First quarter 2027 results: EPS: JP¥86.41 (up from JP¥31.50 in 1Q 2026). Revenue: JP¥57.8b (up 20% from 1Q 2026). Net income: JP¥1.90b (up 163% from 1Q 2026). Profit margin: 3.3% (up from 1.5% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 9.6% 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 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥3,980, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Electronic industry in Japan. Total returns to shareholders of 67% over the past three years. Declared Dividend • Jul 25
Final dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 9.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 02
Tachibana Eletech Co., Ltd. to Report Q1, 2027 Results on Aug 05, 2026 Tachibana Eletech Co., Ltd. announced that they will report Q1, 2027 results on Aug 05, 2026 Reported Earnings • May 13
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥330 (up from JP¥300 in FY 2025). Revenue: JP¥227.5b (up 3.4% from FY 2025). Net income: JP¥7.42b (up 5.3% from FY 2025). Profit margin: 3.3% (up from 3.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 20%. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Aankondiging • May 12
Tachibana Eletech Co., Ltd., Annual General Meeting, Jun 25, 2026 Tachibana Eletech Co., Ltd., Annual General Meeting, Jun 25, 2026. Aankondiging • May 10
Tachibana Eletech Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026 Tachibana Eletech Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥86.29 (vs JP¥111 in 3Q 2025) Third quarter 2026 results: EPS: JP¥86.29 (down from JP¥111 in 3Q 2025). Revenue: JP¥55.3b (up 4.1% from 3Q 2025). Net income: JP¥1.93b (down 26% from 3Q 2025). Profit margin: 3.5% (down from 4.9% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% 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 4% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Aankondiging • Jan 06
Tachibana Eletech Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026 Tachibana Eletech Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026 Declared Dividend • Dec 06
First half dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 8.0% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥86.86 (vs JP¥62.29 in 2Q 2025) Second quarter 2026 results: EPS: JP¥86.86 (up from JP¥62.29 in 2Q 2025). Revenue: JP¥55.0b (flat on 2Q 2025). Net income: JP¥1.97b (up 34% from 2Q 2025). Profit margin: 3.6% (up from 2.7% in 2Q 2025). Revenue is forecast to grow 4.8% p.a. on average during the next 3 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 fallen by 1% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Aankondiging • Sep 30
Tachibana Eletech Co., Ltd. to Report Q2, 2026 Results on Nov 10, 2025 Tachibana Eletech Co., Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). New Risk • Aug 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: 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. Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥31.50 (vs JP¥56.25 in 1Q 2025) First quarter 2026 results: EPS: JP¥31.50 (down from JP¥56.25 in 1Q 2025). Revenue: JP¥48.2b (down 6.9% from 1Q 2025). Net income: JP¥722.0m (down 46% from 1Q 2025). Profit margin: 1.5% (down from 2.6% in 1Q 2025). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jun 27
Tachibana Eletech Co., Ltd. to Report Q1, 2026 Results on Aug 06, 2025 Tachibana Eletech Co., Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025 Aankondiging • May 14
Tachibana Eletech Co., Ltd. (TSE:8159) announces an Equity Buyback for 1,000,000 shares, representing 4.35% for ¥5,000 million. Tachibana Eletech Co., Ltd. (TSE:8159) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 4.35% of its total shares outstanding (excluding treasury shares), for a total of ¥5,000 million. The purpose of repurchase program is to improve capital efficiency and strengthen shareholder returns. The repurchase program is valid till March 31, 2026. As of May 12, 2025, the company has 22,977,180 shares outstanding (excluding treasury shares) and has 2,048,062 shares in treasury. Reported Earnings • May 13
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥300 (down from JP¥347 in FY 2024). Revenue: JP¥220.1b (down 4.7% from FY 2024). Net income: JP¥7.05b (down 17% from FY 2024). Profit margin: 3.2% (down from 3.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Electronic industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,054, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Electronic industry in Japan. Total returns to shareholders of 45% over the past three years. Aankondiging • Apr 01
Tachibana Eletech Co., Ltd. to Report Fiscal Year 2025 Results on May 12, 2025 Tachibana Eletech Co., Ltd. announced that they will report fiscal year 2025 results on May 12, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 10 June 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥111 (vs JP¥80.76 in 3Q 2024) Third quarter 2025 results: EPS: JP¥111 (up from JP¥80.76 in 3Q 2024). Revenue: JP¥53.1b (down 5.1% from 3Q 2024). Net income: JP¥2.59b (up 32% from 3Q 2024). Profit margin: 4.9% (up from 3.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.1% 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 13% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jan 17
Tachibana Eletech Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025 Tachibana Eletech Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025 Declared Dividend • Dec 06
First half dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 10th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥62.29 (vs JP¥92.83 in 2Q 2024) Second quarter 2025 results: EPS: JP¥62.29 (down from JP¥92.83 in 2Q 2024). Revenue: JP¥55.1b (down 6.6% from 2Q 2024). Net income: JP¥1.47b (down 35% from 2Q 2024). Profit margin: 2.7% (down from 3.8% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.9% 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 19% per year whereas the company’s share price has increased by 16% per year. Aankondiging • Oct 01
Tachibana Eletech Co., Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Tachibana Eletech Co., Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: JP¥56.25 (vs JP¥90.54 in 1Q 2024) First quarter 2025 results: EPS: JP¥56.25 (down from JP¥90.54 in 1Q 2024). Revenue: JP¥51.7b (down 7.4% from 1Q 2024). Net income: JP¥1.35b (down 40% from 1Q 2024). Profit margin: 2.6% (down from 4.0% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% 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 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. 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 6.1% 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 Dividend is not well covered by cash flows (332% cash payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥2,233, 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 73% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (332% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 04
Tachibana Eletech Co., Ltd. to Report Q1, 2025 Results on Aug 06, 2024 Tachibana Eletech Co., Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥347 (vs JP¥314 in FY 2023) Full year 2024 results: EPS: JP¥347 (up from JP¥314 in FY 2023). Revenue: JP¥231.0b (up 1.7% from FY 2023). Net income: JP¥8.47b (up 8.0% from FY 2023). Profit margin: 3.7% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Aankondiging • May 15
Tachibana Eletech Co., Ltd., Annual General Meeting, Jun 26, 2024 Tachibana Eletech Co., Ltd., Annual General Meeting, Jun 26, 2024. Aankondiging • May 14
Tachibana Eletech Co., Ltd. (TSE:8159) announces an Equity Buyback for 1,000,000 shares, representing 4.17% for ¥5,000 million. Tachibana Eletech Co., Ltd. (TSE:8159) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 4.17% of its total shares outstanding (excluding treasury shares), for a total of ¥5,000 million. The purpose of repurchase program is to improve capital efficiency and strengthen shareholder returns. The repurchase program is valid till March 31, 2025. As of May 13, 2024, the company has 23,977,891 shares outstanding (excluding treasury shares) and has 1,047,351 shares in treasury. Aankondiging • Mar 28
Tachibana Eletech Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024 Tachibana Eletech Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥80.76 (vs JP¥59.41 in 3Q 2023) Third quarter 2024 results: EPS: JP¥80.76 (up from JP¥59.41 in 3Q 2023). Revenue: JP¥56.0b (down 4.5% from 3Q 2023). Net income: JP¥1.96b (up 32% from 3Q 2023). Profit margin: 3.5% (up from 2.5% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 28
Tachibana Eletech Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Tachibana Eletech Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥92.83 (vs JP¥82.95 in 2Q 2023) Second quarter 2024 results: EPS: JP¥92.83 (up from JP¥82.95 in 2Q 2023). Revenue: JP¥58.9b (flat on 2Q 2023). Net income: JP¥2.26b (up 9.2% from 2Q 2023). Profit margin: 3.8% (up from 3.5% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥50.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Aankondiging • Aug 31
Tachibana Eletech Co., Ltd. to Report Q2, 2024 Results on Nov 07, 2023 Tachibana Eletech Co., Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥90.54 (vs JP¥82.47 in 1Q 2023) First quarter 2024 results: EPS: JP¥90.54 (up from JP¥82.47 in 1Q 2023). Revenue: JP¥55.9b (up 9.4% from 1Q 2023). Net income: JP¥2.25b (up 9.1% from 1Q 2023). Profit margin: 4.0% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 12
Tachibana Eletech Co., Ltd. to Report Q1, 2024 Results on Aug 07, 2023 Tachibana Eletech Co., Ltd. announced that they will report Q1, 2024 results on Aug 07, 2023 Aankondiging • Jun 06
Tachibana Eletech Co., Ltd. (TSE:8159) announces an Equity Buyback for 1,000,000 shares, representing 4% for ¥3,000 million. Tachibana Eletech Co., Ltd. (TSE:8159) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 4% of its total shares outstanding (excluding treasury shares), for a total of ¥3,000 million. The purpose of repurchase program is to improve capital efficiency and strengthen shareholder returns. The repurchase program is valid till March 31, 2024. As of June 5, 2023, the company has 24,978,321 shares outstanding (excluding treasury shares) and has 46,921 shares in treasury. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥2,712, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 12x in the Electronic industry in Japan. Total returns to shareholders of 63% over the past three years. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥314 (vs JP¥204 in FY 2022) Full year 2023 results: EPS: JP¥314 (up from JP¥204 in FY 2022). Revenue: JP¥227.3b (up 18% from FY 2022). Net income: JP¥7.84b (up 52% from FY 2022). Profit margin: 3.5% (up from 2.7% 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 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Aankondiging • May 13
Tachibana Eletech Co., Ltd., Annual General Meeting, Jun 28, 2023 Tachibana Eletech Co., Ltd., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 10% but the company is not cash flow positive. Trailing yield: 3.5%. 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¥59.41 (vs JP¥52.50 in 3Q 2022) Third quarter 2023 results: EPS: JP¥59.41 (up from JP¥52.50 in 3Q 2022). Revenue: JP¥58.6b (up 21% from 3Q 2022). Net income: JP¥1.48b (up 12% from 3Q 2022). Profit margin: 2.5% (down from 2.7% in 3Q 2022). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 01
Tachibana Eletech Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Tachibana Eletech Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Board Change • Nov 16
Less than half of directors are independent There are 6 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: 1 independent director. 8 non-independent directors. CEO & Chairman of the Board Takeo Watanabe was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥82.95 (vs JP¥45.85 in 2Q 2022) Second quarter 2023 results: EPS: JP¥82.95 (up from JP¥45.85 in 2Q 2022). Revenue: JP¥59.0b (up 23% from 2Q 2022). Net income: JP¥2.07b (up 79% from 2Q 2022). Profit margin: 3.5% (up from 2.4% 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 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: JP¥82.47 (vs JP¥39.90 in 1Q 2022) First quarter 2023 results: EPS: JP¥82.47 (up from JP¥39.90 in 1Q 2022). Revenue: JP¥51.1b (up 18% from 1Q 2022). Net income: JP¥2.06b (up 105% from 1Q 2022). Profit margin: 4.0% (up from 2.3% 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 4% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥204 (vs JP¥137 in FY 2021) Full year 2022 results: EPS: JP¥204 (up from JP¥137 in FY 2021). Revenue: JP¥193.4b (up 20% from FY 2021). Net income: JP¥5.14b (up 49% from FY 2021). Profit margin: 2.7% (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 fallen by 4% per year whereas the company’s share price has remained flat. Aankondiging • May 14
Tachibana Eletech Co., Ltd., Annual General Meeting, Jun 29, 2022 Tachibana Eletech Co., Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Apr 08
Tachibana Eletech Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Tachibana Eletech Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Aankondiging • Feb 08
Tachibana Eletech Co., Ltd. (TSE:8159) announces an Equity Buyback for 300,000 shares, representing 1.19% for ¥475.2 million. Tachibana Eletech Co., Ltd. (TSE:8159) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.19% of its issued share capital (excluding treasury stock), for a total purchase price of ¥475.12 million. The shares will be repurchased at a price of ¥1,584 per share. The purpose of the program is to enable the execution of agile capital policies that correspond to the business environment. The program will be valid till February 8, 2022. As of January 31, 2022, the company had 25,237,519 issued shares (excluding treasury stock) and 787,723 treasury shares. Reported Earnings • Feb 08
Third quarter 2022 earnings: EPS exceeds analyst expectations Third quarter 2022 results: EPS: JP¥52.50 (up from JP¥27.82 in 3Q 2021). Revenue: JP¥48.3b (up 26% from 3Q 2021). Net income: JP¥1.33b (up 89% from 3Q 2021). Profit margin: 2.7% (up from 1.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.7%. Over the last 3 years on average, earnings per share has fallen by 9% 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. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥45.84 (vs JP¥27.30 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥47.8b (up 19% from 2Q 2021). Net income: JP¥1.16b (up 68% from 2Q 2021). Profit margin: 2.4% (up from 1.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% 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. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.0%). Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥137 (vs JP¥174 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥161.4b (down 5.3% from FY 2020). Net income: JP¥3.46b (down 21% from FY 2020). Profit margin: 2.1% (down from 2.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 12% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 09 June 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Aankondiging • Mar 04
Tachibana Eletech Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 Tachibana Eletech Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Feb 19
New 90-day low: JP¥1,546 The company is down 9.0% from its price of JP¥1,706 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 15% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥27.81 (vs JP¥37.72 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥38.5b (down 2.8% from 3Q 2020). Net income: JP¥702.0m (down 26% from 3Q 2020). Profit margin: 1.8% (down from 2.4% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. Analyst Estimate Surprise Post Earnings • Feb 07
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 6.6%. Over the next year, revenue is forecast to stay flat compared to a 9.0% growth forecast for the Electronic industry in Japan. Is New 90 Day High Low • Jan 12
New 90-day low: JP¥1,623 The company is down 5.0% from its price of JP¥1,710 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 21% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥1,627 The company is down 5.0% from its price of JP¥1,719 on 08 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 Electronic industry, which is up 20% over the same period. Aankondiging • Dec 03
Tachibana Eletech Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021 Tachibana Eletech Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Aankondiging • Aug 31
Tachibana Eletech Co. Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Tachibana Eletech Co. Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020