Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Kuniya Daini 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 13
Nihon Trim Co., Ltd., Annual General Meeting, Jun 23, 2026 Nihon Trim Co., Ltd., Annual General Meeting, Jun 23, 2026. Announcement • May 10
Nihon Trim Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Nihon Trim Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Announcement • Jan 06
Nihon Trim Co., Ltd. to Report Q3, 2026 Results on Feb 12, 2026 Nihon Trim Co., Ltd. announced that they will report Q3, 2026 results on Feb 12, 2026 Announcement • Oct 03
Nihon Trim Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025 Nihon Trim Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025 Announcement • Jul 08
Nihon Trim Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Nihon Trim Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Announcement • May 14
Nihon Trim Co., Ltd. (TSE:6788) announces an Equity Buyback for 250,000 shares, representing 3.26% for ¥1,200 million. Nihon Trim Co., Ltd. (TSE:6788) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 3.26% of its issued share capital, for ¥ 1,200 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program is valid till December 31, 2025. As of March 31, 2025, the company had 7,667,524 outstanding shares (excluding treasury stock) and 989,256 treasury shares. Announcement • May 13
Nihon Trim Co., Ltd., Annual General Meeting, Jun 24, 2025 Nihon Trim Co., Ltd., Annual General Meeting, Jun 24, 2025. Announcement • Jan 21
Nihon Trim Co., Ltd. to Report Q3, 2025 Results on Feb 13, 2025 Nihon Trim Co., Ltd. announced that they will report Q3, 2025 results on Feb 13, 2025 Declared Dividend • Nov 17
Dividend of JP¥95.00 announced Shareholders will receive a dividend of JP¥95.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 466%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 22
Nihon Trim Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024 Nihon Trim Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Jul 05
Nihon Trim Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024 Nihon Trim Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥280 (vs JP¥215 in FY 2023) Full year 2024 results: EPS: JP¥280 (up from JP¥215 in FY 2023). Revenue: JP¥20.4b (up 14% from FY 2023). Net income: JP¥2.15b (up 31% from FY 2023). Profit margin: 11% (up from 9.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • May 17
Nihon Trim Co., Ltd., Annual General Meeting, Jun 25, 2024 Nihon Trim Co., Ltd., Annual General Meeting, Jun 25, 2024. Announcement • Apr 20
Nihon Trim Co., Ltd. to Report Q4, 2024 Results on May 14, 2024 Nihon Trim Co., Ltd. announced that they will report Q4, 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥85.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.4%). Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥67.45 (vs JP¥44.62 in 3Q 2023) Third quarter 2024 results: EPS: JP¥67.45 (up from JP¥44.62 in 3Q 2023). Revenue: JP¥5.17b (up 19% from 3Q 2023). Net income: JP¥517.0m (up 51% from 3Q 2023). Profit margin: 10.0% (up from 7.9% in 3Q 2023). 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 but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Dec 28
Nihon Trim Co., Ltd. to Report Q3, 2024 Results on Feb 07, 2024 Nihon Trim Co., Ltd. announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: JP¥100 (vs JP¥67.84 in 2Q 2023) Second quarter 2024 results: EPS: JP¥100 (up from JP¥67.84 in 2Q 2023). Revenue: JP¥5.66b (up 19% from 2Q 2023). Net income: JP¥768.0m (up 48% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables 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 fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Oct 07
Nihon Trim Co., Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Nihon Trim Co., Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥55.45 (vs JP¥42.66 in 1Q 2023) First quarter 2024 results: EPS: JP¥55.45 (up from JP¥42.66 in 1Q 2023). Revenue: JP¥4.80b (up 11% from 1Q 2023). Net income: JP¥425.0m (up 30% from 1Q 2023). Profit margin: 8.9% (up from 7.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jul 12
Nihon Trim Co., Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Nihon Trim Co., Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Buying Opportunity • Jul 07
Now 20% undervalued Over the last 90 days, the stock is up 3.0%. The fair value is estimated to be €26.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 17% per annum over the same time period. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €21.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total loss to shareholders of 9.6% over the past three years. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥215 (vs JP¥250 in FY 2022) Full year 2023 results: EPS: JP¥215 (down from JP¥250 in FY 2022). Revenue: JP¥18.0b (up 10% from FY 2022). Net income: JP¥1.65b (down 15% from FY 2022). Profit margin: 9.2% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • May 13
Nihon Trim Co., Ltd., Annual General Meeting, Jun 22, 2023 Nihon Trim Co., Ltd., Annual General Meeting, Jun 22, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥120 per share at 4.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 22 June 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.1%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥44.62 (vs JP¥39.64 in 3Q 2022) Third quarter 2023 results: EPS: JP¥44.62 (up from JP¥39.64 in 3Q 2022). Revenue: JP¥4.33b (up 5.6% from 3Q 2022). Net income: JP¥342.0m (up 11% from 3Q 2022). Profit margin: 7.9% (up from 7.5% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Dec 29
Nihon Trim Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023 Nihon Trim Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Kuniya Daini 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. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥67.84 (vs JP¥102 in 2Q 2022) Second quarter 2023 results: EPS: JP¥67.84 (down from JP¥102 in 2Q 2022). Revenue: JP¥4.75b (up 7.6% from 2Q 2022). Net income: JP¥520.0m (down 34% from 2Q 2022). Profit margin: 11% (down from 18% 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 4.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • Oct 06
Nihon Trim Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Nihon Trim Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥42.66 (vs JP¥85.40 in 1Q 2022) First quarter 2023 results: EPS: JP¥42.66 (down from JP¥85.40 in 1Q 2022). Revenue: JP¥4.33b (up 8.4% from 1Q 2022). Net income: JP¥327.0m (down 51% from 1Q 2022). Profit margin: 7.5% (down from 17% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 3.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 26
Full year 2022 earnings released: EPS: JP¥250 (vs JP¥195 in FY 2021) Full year 2022 results: EPS: JP¥250 (up from JP¥195 in FY 2021). Revenue: JP¥16.3b (up 9.2% from FY 2021). Net income: JP¥1.94b (up 27% from FY 2021). Profit margin: 12% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 5.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Jun 15
Nihon Trim Co., Ltd. to Report Q1, 2023 Results on Aug 04, 2022 Nihon Trim Co., Ltd. announced that they will report Q1, 2023 results on Aug 04, 2022 Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥250 (vs JP¥195 in FY 2021) Full year 2022 results: EPS: JP¥250 (up from JP¥195 in FY 2021). Revenue: JP¥16.3b (up 9.2% from FY 2021). Net income: JP¥1.94b (up 27% from FY 2021). Profit margin: 12% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 7.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • May 14
Nihon Trim Co., Ltd., Annual General Meeting, Jun 21, 2022 Nihon Trim Co., Ltd., Annual General Meeting, Jun 21, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Outside Director Kuniya Daini was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Nihon Trim Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Nihon Trim Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 22% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (2.3%). Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥39.64 (down from JP¥51.70 in 3Q 2021). Revenue: JP¥4.10b (up 8.5% from 3Q 2021). Net income: JP¥307.0m (down 24% from 3Q 2021). Profit margin: 7.5% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 15%, compared to a 7.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥102 (vs JP¥63.90 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.41b (up 12% from 2Q 2021). Net income: JP¥791.0m (up 59% from 2Q 2021). Profit margin: 18% (up from 13% 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 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 10
First quarter 2022 earnings released: EPS JP¥85.40 (vs JP¥38.13 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥4.00b (up 16% from 1Q 2021). Net income: JP¥664.0m (up 122% from 1Q 2021). Profit margin: 17% (up from 8.7% 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 12% per year whereas the company’s share price has fallen by 15% per year. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS JP¥195 (vs JP¥27.61 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥14.9b (down 7.5% from FY 2020). Net income: JP¥1.52b (up JP¥1.31b from FY 2020). Profit margin: 10% (up from 1.4% in FY 2020). The increase in margin was driven by lower expenses. 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 8% per year, which means it has not declined as severely as earnings. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥195 (vs JP¥27.61 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥14.9b (down 7.5% from FY 2020). Net income: JP¥1.52b (up JP¥1.31b from FY 2020). Profit margin: 10% (up from 1.4% in FY 2020). The increase in margin was driven by lower expenses. 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 7% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming Dividend of JP¥60.00 Per Share Will be paid on the 24th of June to those who are registered shareholders by the 30th of March. The trailing yield of 1.4% is below the top quartile of German dividend payers (3.3%), but it is higher than industry peers (1.2%). Is New 90 Day High Low • Mar 05
New 90-day low: €30.80 The company is down 2.0% from its price of €31.40 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 5.0% over the same period. Is New 90 Day High Low • Feb 03
New 90-day high: €35.80 The company is up 19% from its price of €30.00 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS JP¥51.70 (vs JP¥25.71 in 3Q 2020) The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥3.78b (flat on 3Q 2020). Net income: JP¥402.0m (up 98% from 3Q 2020). Profit margin: 11% (up from 5.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue misses expectations Revenue missed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 11%, compared to a 4.9% growth forecast for the Machinery industry in Germany. Is New 90 Day High Low • Jan 14
New 90-day high: €33.20 The company is up 11% from its price of €29.80 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 14% over the same period. Announcement • Dec 05
Nihon Trim Co., Ltd. to Report Q3, 2021 Results on Jan 28, 2021 Nihon Trim Co., Ltd. announced that they will report Q3, 2021 results on Jan 28, 2021 Is New 90 Day High Low • Nov 26
New 90-day high: €31.60 The company is up 13% from its price of €28.00 on 27 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period. Analyst Estimate Surprise Post Earnings • Nov 16
Revenue misses expectations Revenue missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 8.0%, compared to a 2.9% growth forecast for the Machinery industry in Germany. Reported Earnings • Nov 16
Second quarter 2021 earnings released: EPS JP¥63.90 The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: JP¥3.95b (down 13% from 2Q 2020). Net income: JP¥497.0m (down 16% from 2Q 2020). Profit margin: 13% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total profits of JP¥12.0m, down 99% from the prior year. Total revenue was JP¥14.8b over the last 12 months, down 7.2% from the prior year. Analyst Estimate Surprise Post Earnings • Nov 01
Semi-annual earnings released: Revenue misses expectations Semi-annual revenue missed analyst estimates by 3.6% at JP¥7.39b. Revenue is forecast to grow 13% over the next year, while the growth in Machinery industry in Germany is expected to stay flat. Announcement • Oct 10
Nihon Trim Co., Ltd. to Report Q2, 2021 Results on Oct 29, 2020 Nihon Trim Co., Ltd. announced that they will report Q2, 2021 results on Oct 29, 2020 Is New 90 Day High Low • Sep 29
New 90-day high: €31.40 The company is up 28% from its price of €24.60 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 9.0% over the same period. Announcement • Jul 26
Nihon Trim Co., Ltd. to Report Q1, 2021 Results on Aug 05, 2020 Nihon Trim Co., Ltd. announced that they will report Q1, 2021 results on Aug 05, 2020