Board Change • Jul 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. External Independent Director Kumiko Igushi was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Tsutomu Tsunashima 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 • May 09
Tokyu Construction Co., Ltd. to Report Q1, 2027 Results on Aug 05, 2026 Tokyu Construction Co., Ltd. announced that they will report Q1, 2027 results on Aug 05, 2026 Announcement • May 08
Tokyu Construction Co., Ltd., Annual General Meeting, Jun 24, 2026 Tokyu Construction Co., Ltd., Annual General Meeting, Jun 24, 2026. Announcement • Mar 20
Tokyu Construction Co., Ltd. to Report Fiscal Year 2026 Results on May 08, 2026 Tokyu Construction Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 08, 2026 Announcement • Dec 27
Tokyu Construction Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Tokyu Construction Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Announcement • Sep 27
Tokyu Construction Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025 Tokyu Construction Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Announcement • Jun 26
Tokyu Construction Co., Ltd. to Report Q1, 2026 Results on Aug 06, 2025 Tokyu Construction Co., Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025 Announcement • May 13
Tokyu Construction Co., Ltd., Annual General Meeting, Jun 25, 2025 Tokyu Construction Co., Ltd., Annual General Meeting, Jun 25, 2025. Announcement • Mar 04
Tokyu Construction Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Tokyu Construction Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Announcement • Dec 21
Tokyu Construction Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025 Tokyu Construction Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥0.33 (vs JP¥16.53 in 2Q 2024) Second quarter 2025 results: EPS: JP¥0.33 (down from JP¥16.53 in 2Q 2024). Revenue: JP¥63.4b (down 12% from 2Q 2024). Net income: JP¥35.0m (down 98% from 2Q 2024). Profit margin: 0.1% (down from 2.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Sep 27
Tokyu Construction Co., Ltd. to Report Q2, 2025 Results on Nov 07, 2024 Tokyu Construction Co., Ltd. announced that they will report Q2, 2025 results on Nov 07, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.6%). Reported Earnings • Aug 09
First quarter 2025 earnings released: JP¥0.89 loss per share (vs JP¥7.31 profit in 1Q 2024) First quarter 2025 results: JP¥0.89 loss per share (down from JP¥7.31 profit in 1Q 2024). Revenue: JP¥55.3b (down 12% from 1Q 2024). Net loss: JP¥94.0m (down 112% from profit in 1Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 11
Final dividend of JP¥19.00 announced Shareholders will receive a dividend of JP¥19.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 447%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (64% 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 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Jun 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. High level of non-cash earnings (69% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • May 11
Tokyu Construction Co., Ltd., Annual General Meeting, Jun 25, 2024 Tokyu Construction Co., Ltd., Annual General Meeting, Jun 25, 2024. Reported Earnings • May 10
Full year 2024 earnings released: EPS: JP¥68.98 (vs JP¥49.98 in FY 2023) Full year 2024 results: EPS: JP¥68.98 (up from JP¥49.98 in FY 2023). Revenue: JP¥285.7b (down 1.1% from FY 2023). Net income: JP¥7.27b (up 39% from FY 2023). Profit margin: 2.5% (up from 1.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 24
Tokyu Construction Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024 Tokyu Construction Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (3.9%). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥4.62 (vs JP¥24.68 in 3Q 2023) Third quarter 2024 results: EPS: JP¥4.62 (down from JP¥24.68 in 3Q 2023). Revenue: JP¥70.5b (down 2.3% from 3Q 2023). Net income: JP¥487.0m (down 81% from 3Q 2023). Profit margin: 0.7% (down from 3.6% in 3Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Dec 27
Tokyu Construction Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Tokyu Construction Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 New Risk • Nov 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 52% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. High level of non-cash earnings (52% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. 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 • Nov 08
Second quarter 2024 earnings released: EPS: JP¥16.53 (vs JP¥0.53 in 2Q 2023) Second quarter 2024 results: EPS: JP¥16.53 (up from JP¥0.53 in 2Q 2023). Revenue: JP¥71.8b (up 6.6% from 2Q 2023). Net income: JP¥1.74b (up JP¥1.69b from 2Q 2023). Profit margin: 2.4% (up from 0.1% in 2Q 2023). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Sep 28
Tokyu Construction Co., Ltd. to Report Q2, 2024 Results on Nov 07, 2023 Tokyu Construction Co., Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥18.00 per share at 4.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.8%). Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥7.31 (vs JP¥3.25 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥7.31 (up from JP¥3.25 loss in 1Q 2023). Revenue: JP¥62.9b (up 2.3% from 1Q 2023). Net income: JP¥769.0m (up JP¥1.11b from 1Q 2023). Profit margin: 1.2% (up from net loss in 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Board Change • Jul 05
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, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Kunihiro Koshizuka was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. New Risk • Jun 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (dividend per share is over 8x earnings per share). Large one-off items impacting financial results. Announcement • May 28
Tokyu Construction Co., Ltd. to Report Q1, 2024 Results on Aug 07, 2023 Tokyu Construction Co., Ltd. announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥49.98 (vs JP¥71.26 loss in FY 2022) Full year 2023 results: EPS: JP¥49.98 (up from JP¥71.26 loss in FY 2022). Revenue: JP¥288.9b (up 12% from FY 2022). Net income: JP¥5.25b (up JP¥12.7b from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share at 5.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.8%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥24.68 (vs JP¥21.17 in 3Q 2022) Third quarter 2023 results: EPS: JP¥24.68 (up from JP¥21.17 in 3Q 2022). Revenue: JP¥72.2b (up 3.6% from 3Q 2022). Net income: JP¥2.59b (up 17% from 3Q 2022). Profit margin: 3.6% (up from 3.2% in 3Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Announcement • Dec 16
Tokyu Construction Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Tokyu Construction Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Setsu Hamana was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥0.53 (vs JP¥70.71 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥0.53 (up from JP¥70.71 loss in 2Q 2022). Revenue: JP¥67.4b (up 22% from 2Q 2022). Net income: JP¥56.0m (up JP¥7.46b from 2Q 2022). Profit margin: 0.1% (up from net loss in 2Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Announcement • Sep 28
Tokyu Construction Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Tokyu Construction Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (4.2%). Reported Earnings • Aug 11
First quarter 2023 earnings released: JP¥3.25 loss per share (vs JP¥2.55 loss in 1Q 2022) First quarter 2023 results: JP¥3.25 loss per share (down from JP¥2.55 loss in 1Q 2022). Revenue: JP¥61.5b (up 9.1% from 1Q 2022). Net loss: JP¥340.0m (loss widened 27% from 1Q 2022). Over the next year, revenue is forecast to grow 9.7%, compared to a 5.4% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Jun 12
Tokyu Construction Co., Ltd. to Report Q1, 2023 Results on Aug 09, 2022 Tokyu Construction Co., Ltd. announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 17
Full year 2022 earnings released: JP¥71.06 loss per share (vs JP¥24.95 profit in FY 2021) Full year 2022 results: JP¥71.06 loss per share (down from JP¥24.95 profit in FY 2021). Revenue: JP¥258.1b (up 12% from FY 2021). Net loss: JP¥7.46b (down 382% from profit in FY 2021). Over the next year, revenue is forecast to grow 11%, compared to a 6.9% growth forecast for the industry in Germany. 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. Announcement • May 14
Tokyu Construction Co., Ltd., Annual General Meeting, Jun 24, 2022 Tokyu Construction Co., Ltd., Annual General Meeting, Jun 24, 2022. 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 External Director Kunihiro Koshizuka 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 07
Tokyu Construction Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Tokyu Construction Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.7%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (3.8%). Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥21.17 (up from JP¥7.41 in 3Q 2021). Revenue: JP¥69.7b (up 18% from 3Q 2021). Net income: JP¥2.22b (up 182% from 3Q 2021). Profit margin: 3.2% (up from 1.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Over the next year, revenue is forecast to grow 3.3%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 10
Second quarter 2022 earnings released: JP¥70.71 loss per share (vs JP¥6.56 profit in 2Q 2021) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: JP¥55.3b (up 4.8% from 2Q 2021). Net loss: JP¥7.40b (down JP¥8.10b from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €5.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Construction industry in Europe. Total loss to shareholders of 34% over the past three years. Reported Earnings • Aug 13
First quarter 2022 earnings released: JP¥2.55 loss per share (vs JP¥0.56 profit in 1Q 2021) The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: JP¥56.3b (up 32% from 1Q 2021). Net loss: JP¥267.0m (down JP¥327.0m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Board Change • Jul 31
High number of new directors Independent External Director Kunihiro Koshizuka was the last director to join the board, commencing their role in 2021. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥24.95 (vs JP¥140 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥231.5b (down 28% from FY 2020). Net income: JP¥2.65b (down 82% from FY 2020). Profit margin: 1.1% (down from 4.6% 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 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥4.94, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Construction industry in Europe. Total loss to shareholders of 40% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.3%). Is New 90 Day High Low • Mar 06
New 90-day high: €4.44 The company is up 17% from its price of €3.80 on 04 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 9.0% over the same period. Announcement • Mar 06
Tokyu Construction Co., Ltd. to Report Fiscal Year 2021 Results on May 12, 2021 Tokyu Construction Co., Ltd. announced that they will report fiscal year 2021 results on May 12, 2021 Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥7.41 (vs JP¥10.75 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥59.2b (down 8.5% from 3Q 2020). Net income: JP¥787.0m (down 31% from 3Q 2020). Profit margin: 1.3% (down from 1.8% 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 25% per year whereas the company’s share price has fallen by 21% per year. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue misses expectations Revenue missed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 4.7%, compared to a 5.6% growth forecast for the Construction industry in Germany. Is New 90 Day High Low • Feb 04
New 90-day high: €4.22 The company is up 10.0% from its price of €3.84 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 20% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: €4.02 The company is up 8.0% from its price of €3.72 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 23% over the same period. Announcement • Dec 19
Tokyu Construction Co., Ltd. to Report Q3, 2021 Results on Feb 09, 2021 Tokyu Construction Co., Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021 Analyst Estimate Surprise Post Earnings • Nov 11
Revenue misses expectations Revenue missed analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 2.4%, compared to a 1.3% growth forecast for the Construction industry in Germany. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS JP¥6.56 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥52.7b (down 50% from 2Q 2020). Net income: JP¥699.0m (down 90% from 2Q 2020). Profit margin: 1.3% (down from 6.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Nov 11
New 90-day high: €3.96 The company is up 3.0% from its price of €3.86 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 1.0% over the same period. Is New 90 Day High Low • Oct 01
New 90-day low: €3.60 The company is down 16% from its price of €4.30 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 19% over the same period. Announcement • Aug 23
Tokyu Construction Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Tokyu Construction Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020 Announcement • Jun 21
Tokyu Construction Co., Ltd. to Report Q1, 2021 Results on Aug 06, 2020 Tokyu Construction Co., Ltd. announced that they will report Q1, 2021 results on Aug 06, 2020