Announcement • Jun 28
Hirata Corporation to Report Q1, 2027 Results on Aug 07, 2026 Hirata Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €16.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 3.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.60 per share. Buy Or Sell Opportunity • Jun 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.5% to €13.50. The fair value is estimated to be €16.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 9.6% per annum over the same time period. Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €15.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 5.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.76 per share. New Risk • May 22
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 German stocks, typically moving 11% 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 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 (11% average weekly change). Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥199 (vs JP¥154 in FY 2025) Full year 2026 results: EPS: JP¥199 (up from JP¥154 in FY 2025). Revenue: JP¥94.9b (up 7.3% from FY 2025). Net income: JP¥6.08b (up 27% from FY 2025). Profit margin: 6.4% (up from 5.4% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Machinery industry in Germany. 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 9% per year. Announcement • May 14
Hirata Corporation, Annual General Meeting, Jun 24, 2026 Hirata Corporation, Annual General Meeting, Jun 24, 2026. Announcement • May 09
Hirata Corporation to Report Fiscal Year 2026 Results on May 14, 2026 Hirata Corporation announced that they will report fiscal year 2026 results on May 14, 2026 Announcement • Dec 02
Hirata Corporation to Report Q3, 2026 Results on Feb 13, 2026 Hirata Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Announcement • Sep 01
Hirata Corporation to Report Q2, 2026 Results on Nov 07, 2025 Hirata Corporation announced that they will report Q2, 2026 results on Nov 07, 2025 Announcement • May 31
Hirata Corporation to Report Q1, 2026 Results on Aug 08, 2025 Hirata Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Announcement • May 09
Hirata Corporation, Annual General Meeting, Jun 26, 2025 Hirata Corporation, Annual General Meeting, Jun 26, 2025. Announcement • Mar 01
Hirata Corporation to Report Fiscal Year 2025 Results on May 09, 2025 Hirata Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Announcement • Nov 30
Hirata Corporation to Report Q3, 2025 Results on Feb 14, 2025 Hirata Corporation announced that they will report Q3, 2025 results on Feb 14, 2025 Declared Dividend • Nov 12
Dividend of JP¥120 announced Shareholders will receive a dividend of JP¥120. Ex-date: 28th March 2025 Payment date: 6th June 2025 Dividend yield will be 370%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 76% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥104 (vs JP¥115 in 2Q 2024) Second quarter 2025 results: EPS: JP¥104 (down from JP¥115 in 2Q 2024). Revenue: JP¥20.0b (up 9.6% from 2Q 2024). Net income: JP¥1.08b (down 9.8% from 2Q 2024). Profit margin: 5.4% (down from 6.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Nov 08
Hirata Corporation (TSE:6258) announces an Equity Buyback for 250,000 shares, representing 2.41% for ¥1,000 million. Hirata Corporation (TSE:6258) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.41% of its share capital, for ¥1,000 million. The company will repurchase its shares in order to improve capital efficiency, return profits to shareholders, and ensure flexibility and agility in capital policy in response to changes in the business environment. The share repurchase program will run until March 31, 2025. As of September 30, 2024, the company had 10,386,997 shares outstanding (excluding treasury shares) and 369,093 shares in treasury. Announcement • Aug 27
Hirata Corporation to Report Q2, 2025 Results on Nov 08, 2024 Hirata Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 12
First quarter 2025 earnings released: EPS: JP¥69.57 (vs JP¥106 in 1Q 2024) First quarter 2025 results: EPS: JP¥69.57 (down from JP¥106 in 1Q 2024). Revenue: JP¥20.4b (up 6.3% from 1Q 2024). Net income: JP¥722.7m (down 35% from 1Q 2024). Profit margin: 3.5% (down from 5.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €30.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 33% over the past three years. Announcement • Jun 02
Hirata Corporation to Report Q1, 2025 Results on Aug 07, 2024 Hirata Corporation announced that they will report Q1, 2025 results on Aug 07, 2024 New Risk • May 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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. This is currently the only risk that has been identified for the company. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥100.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.2%). Announcement • Mar 15
Hirata Corporation, Annual General Meeting, Jun 25, 2024 Hirata Corporation, Annual General Meeting, Jun 25, 2024. Announcement • Mar 02
Hirata Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Hirata Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥226 (vs JP¥143 in 3Q 2023) Third quarter 2024 results: EPS: JP¥226 (up from JP¥143 in 3Q 2023). Revenue: JP¥23.6b (up 15% from 3Q 2023). Net income: JP¥2.34b (up 58% from 3Q 2023). Profit margin: 9.9% (up from 7.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥115 (vs JP¥89.18 in 2Q 2023) Second quarter 2024 results: EPS: JP¥115 (up from JP¥89.18 in 2Q 2023). Revenue: JP¥18.2b (up 1.7% from 2Q 2023). Net income: JP¥1.20b (up 29% from 2Q 2023). Profit margin: 6.6% (up from 5.2% in 2Q 2023). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: JP¥106 (vs JP¥78.70 in 1Q 2023) First quarter 2024 results: EPS: JP¥106 (up from JP¥78.70 in 1Q 2023). Revenue: JP¥19.2b (up 14% from 1Q 2023). Net income: JP¥1.11b (up 35% from 1Q 2023). Profit margin: 5.8% (up from 4.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €55.50, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Machinery industry in Germany. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.58 per share. Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥411 (vs JP¥258 in FY 2022) Full year 2023 results: EPS: JP¥411 (up from JP¥258 in FY 2022). Revenue: JP¥78.4b (up 17% from FY 2022). Net income: JP¥4.27b (up 59% from FY 2022). Profit margin: 5.4% (up from 4.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥85.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 06 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥142 (vs JP¥73.51 in 3Q 2022) Third quarter 2023 results: EPS: JP¥142 (up from JP¥73.51 in 3Q 2022). Revenue: JP¥20.5b (up 20% from 3Q 2022). Net income: JP¥1.48b (up 94% from 3Q 2022). Profit margin: 7.2% (up from 4.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Feb 10
Hirata Corporation, Annual General Meeting, Jun 23, 2023 Hirata Corporation, Annual General Meeting, Jun 23, 2023. Agenda: Annual General Meeting. Announcement • Dec 28
Hirata Corporation to Report Q3, 2023 Results on Feb 10, 2023 Hirata Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 24% share price gain to €37.80, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 37% over the past three years. Board Change • Nov 21
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). President & Representative Director Yuichiro Hirata is the most experienced director on the board, commencing their role in 2011. Outside Independent Director Tamami Koyama was the last independent 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. Lack of experienced directors. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥89.18 (vs JP¥103 in 2Q 2022) Second quarter 2023 results: EPS: JP¥89.18 (down from JP¥103 in 2Q 2022). Revenue: JP¥17.9b (up 7.0% from 2Q 2022). Net income: JP¥926.0m (down 13% from 2Q 2022). Profit margin: 5.2% (down from 6.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Sep 10
Hirata Corporation to Report Q2, 2023 Results on Nov 11, 2022 Hirata Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥78.71 (vs JP¥88.35 in 1Q 2022) First quarter 2023 results: EPS: JP¥78.71 (down from JP¥88.35 in 1Q 2022). Revenue: JP¥16.7b (up 5.8% from 1Q 2022). Net income: JP¥817.1m (down 11% from 1Q 2022). Profit margin: 4.9% (down from 5.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 24%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jul 24
Hirata Corporation to Report Q1, 2023 Results on Aug 10, 2022 Hirata Corporation announced that they will report Q1, 2023 results on Aug 10, 2022 Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €29.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.27 per share. Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥258 (vs JP¥393 in FY 2021) Full year 2022 results: EPS: JP¥258 (down from JP¥393 in FY 2021). Revenue: JP¥67.1b (up 2.8% from FY 2021). Net income: JP¥2.68b (down 34% from FY 2021). Profit margin: 4.0% (down from 6.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 32%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Apr 29
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Satoru Ogawa was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Hirata Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Hirata Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.9%). Reported Earnings • Feb 11
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥73.50 (up from JP¥59.83 in 3Q 2021). Revenue: JP¥17.1b (up 23% from 3Q 2021). Net income: JP¥763.0m (up 23% from 3Q 2021). Profit margin: 4.5% (up from 4.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 17%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 16
Second quarter 2022 earnings released: EPS JP¥103 (vs JP¥79.96 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥16.8b (up 9.5% from 2Q 2021). Net income: JP¥1.07b (up 28% from 2Q 2021). Profit margin: 6.4% (up from 5.4% 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 8% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥88.35 (vs JP¥91.64 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2022 results: Revenue: JP¥15.8b (down 9.5% from 1Q 2021). Net income: JP¥917.0m (down 3.6% from 1Q 2021). Profit margin: 5.8% (up from 5.4% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥393 (vs JP¥168 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥65.3b (flat on FY 2020). Net income: JP¥4.08b (up 134% from FY 2020). Profit margin: 6.2% (up from 2.7% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 08 June 2021. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.2%). Is New 90 Day High Low • Feb 21
New 90-day low: €56.00 The company is down 5.0% from its price of €59.00 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.85 per share. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥59.83 (vs JP¥20.82 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¥14.0b (down 4.0% from 3Q 2020). Net income: JP¥621.0m (up 188% from 3Q 2020). Profit margin: 4.4% (up from 1.5% in 3Q 2020). The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue misses expectations Revenue missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 4.2%, compared to a 5.0% growth forecast for the Machinery industry in Germany. Is New 90 Day High Low • Jan 27
New 90-day high: €67.50 The company is up 29% from its price of €52.50 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €86.88 per share. Announcement • Jan 01
Hirata Corporation to Report Q3, 2021 Results on Feb 09, 2021 Hirata Corporation announced that they will report Q3, 2021 results on Feb 09, 2021 Analyst Estimate Surprise Post Earnings • Nov 14
Revenue beats expectations Revenue exceeded analyst estimates by 3.8%. Over the next year, revenue is forecast to stay flat compared to a 2.5% growth forecast for the Machinery industry in Germany. Reported Earnings • Nov 14
Second quarter 2021 earnings released: EPS JP¥79.96 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥15.3b (up 5.0% from 2Q 2020). Net income: JP¥830.0m (up 148% from 2Q 2020). Profit margin: 5.4% (up from 2.3% in 2Q 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Nov 12
New 90-day high: €53.50 The company is up 11% from its price of €48.00 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €128 per share. Is New 90 Day High Low • Oct 13
New 90-day high: €53.00 The company is up 12% from its price of €47.20 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €130 per share. Is New 90 Day High Low • Sep 22
New 90-day high: €49.60 The company is up 10.0% from its price of €45.20 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Machinery industry, which is also up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €126 per share. Announcement • Sep 03
Hirata Corporation to Report Q2, 2021 Results on Nov 22, 2020 Hirata Corporation announced that they will report Q2, 2021 results on Nov 22, 2020 Announcement • Jun 28
Hirata Corporation to Report Q1, 2021 Results on Aug 07, 2020 Hirata Corporation announced that they will report Q1, 2021 results on Aug 07, 2020 
