Announcement • Jul 14
Sanken Electric Co., Ltd. to Report Q1, 2027 Results on Aug 13, 2026 Sanken Electric Co., Ltd. announced that they will report Q1, 2027 results on Aug 13, 2026 Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Tadashi Sato 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. New Risk • Jun 26
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 8.4% 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. This is currently the only risk that has been identified for the company. Board Change • May 20
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent External Director Tatsuaki Seki was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 13
Sanken Electric Co., Ltd., Annual General Meeting, Jun 26, 2026 Sanken Electric Co., Ltd., Annual General Meeting, Jun 26, 2026. Announcement • Jan 20
Sanken Electric Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026 Sanken Electric Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026 Announcement • Oct 15
Sanken Electric Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Sanken Electric Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Announcement • Jul 15
Sanken Electric Co., Ltd. to Report Q1, 2026 Results on Aug 13, 2025 Sanken Electric Co., Ltd. announced that they will report Q1, 2026 results on Aug 13, 2025 Announcement • May 14
Sanken Electric Co., Ltd., Annual General Meeting, Jun 27, 2025 Sanken Electric Co., Ltd., Annual General Meeting, Jun 27, 2025. Announcement • Apr 12
Sanken Electric Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Sanken Electric Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Announcement • Mar 27
Sanken Electric Co., Ltd. (TSE:6707) agreed to acquire Powdec KK for ¥1.3 billion. Sanken Electric Co., Ltd. (TSE:6707) agreed to acquire Powdec KK for ¥1.3 billion on March 27, 2025. A cash consideration of ¥1.3 billion will be paid by Sanken Electric Co., Ltd. As part of consideration, ¥1.3 billion is paid towards common equity of Powdec KK.
The expected completion of the transaction is April 1, 2025. Announcement • Jan 17
Sanken Electric Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Sanken Electric Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Board Change • Dec 30
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Independent External Director Mariko Sugawara was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 29
Sanken Electric Co., Ltd. (TSE:6707) announces an Equity Buyback for 6,000,000 shares, representing 24.84% for ¥30,000 million. Sanken Electric Co., Ltd. (TSE:6707) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 24.84% of its issued share capital, for ¥30,000 million worth of its shares. The purpose of the share buyback is to further increase corporate value by enhancing shareholder returns and improving capital efficiency. The shares will be canceled after acquisition. As of September 30, 2024, the company had 24,150,442 shares (excluding treasury stock) in issue and 947,618 shares in treasury. New Risk • Oct 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.5% 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 Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings are forecast to decline by an average of 5.5% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Announcement • Sep 23
Sanken Electric Co., Ltd.(TSE:6707) dropped from FTSE All-World Index (USD) Sanken Electric Co., Ltd.(TSE:6707) dropped from FTSE All-World Index (USD) Announcement • Aug 28
Sanken Electric Co., Ltd. to Report Q2, 2025 Results on Nov 07, 2024 Sanken Electric Co., Ltd. announced that they will report Q2, 2025 results on Nov 07, 2024 Announcement • Jul 26
Sanken Electric Announces Sale of Portion of Its Common Shares in Allegro Sanken Electric Co., Ltd. (TSE:6707) (the "Company") announced that it would sell a portion of its common shares (equivalent to approximately 20% of the outstanding shares) in Allegro MicroSystems, Inc. (NasdaqGS:ALGM)("Allegro"), through a share repurchase by Allegro. As a result, Allegro will be excluded as a consolidated subsidiary of the Company and become its equity method affiliate. The proceeds from this sale will be used for (i) distribution to shareholders through the share repurchase, (ii) investments to achieve the profitability improvement, and (iii) reduction of interest-bearing debt to improve financial strength. Due to the impact of the transaction, the Company withdrew the consolidated earnings forecast for the fiscal year ending March 2025 (FY2024) announced on May 10, 2024. Reported Earnings • Jun 26
Full year 2024 earnings released: JP¥336 loss per share (vs JP¥395 profit in FY 2023) Full year 2024 results: JP¥336 loss per share (down from JP¥395 profit in FY 2023). Revenue: JP¥235.2b (up 4.4% from FY 2023). Net loss: JP¥8.11b (down 185% from profit in FY 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jun 08
Sanken Electric Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Sanken Electric Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 New Risk • May 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% 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. Announcement • May 12
Sanken Electric Co., Ltd., Annual General Meeting, Jun 21, 2024 Sanken Electric Co., Ltd., Annual General Meeting, Jun 21, 2024. Announcement • Mar 27
Sanken Electric Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Sanken Electric Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥1.41 (vs JP¥145 in 3Q 2023) Third quarter 2024 results: EPS: JP¥1.41 (down from JP¥145 in 3Q 2023). Revenue: JP¥58.3b (up 1.7% from 3Q 2023). Net income: JP¥34.0m (down 99% from 3Q 2023). Profit margin: 0.1% (down from 6.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 07
Now 24% undervalued The stock has been flat over the last 90 days, currently trading at €43.20. The fair value is estimated to be €56.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Announcement • Nov 29
Sanken Electric Co., Ltd. to Report Q3, 2024 Results on Feb 06, 2024 Sanken Electric Co., Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥91.91 (vs JP¥116 in 2Q 2023) Second quarter 2024 results: EPS: JP¥91.91 (down from JP¥116 in 2Q 2023). Revenue: JP¥61.6b (up 9.4% from 2Q 2023). Net income: JP¥2.22b (down 21% from 2Q 2023). Profit margin: 3.6% (down from 5.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 0.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 6.2% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.1%). Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €59.50, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 201% over the past three years. Announcement • Aug 27
Sanken Electric Co., Ltd. to Report Q2, 2024 Results on Nov 07, 2023 Sanken Electric Co., Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥92.33 (vs JP¥6.51 in 1Q 2023) First quarter 2024 results: EPS: JP¥92.33 (up from JP¥6.51 in 1Q 2023). Revenue: JP¥59.9b (up 21% from 1Q 2023). Net income: JP¥2.23b (up JP¥2.07b from 1Q 2023). Profit margin: 3.7% (up from 0.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. 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 €74.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 359% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €89.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 429% over the past three years. New Risk • Jul 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €85.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 411% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €161 per share. Announcement • May 31
Sanken Electric Co., Ltd. to Report Q1, 2024 Results on Aug 04, 2023 Sanken Electric Co., Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥395 (vs JP¥133 in FY 2022) Full year 2023 results: EPS: JP¥395 (up from JP¥133 in FY 2022). Revenue: JP¥225.4b (up 28% from FY 2022). Net income: JP¥9.53b (up 198% from FY 2022). Profit margin: 4.2% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. Announcement • May 13
Sanken Electric Co., Ltd., Annual General Meeting, Jun 23, 2023 Sanken Electric Co., Ltd., Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share at 0.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 9.0% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.1%). Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €79.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Semiconductor industry in Germany. Total returns to shareholders of 392% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €55.84 per share. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: JP¥145 (vs JP¥15.41 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥145 (up from JP¥15.41 loss in 3Q 2022). Revenue: JP¥57.3b (up 35% from 3Q 2022). Net income: JP¥3.50b (up JP¥3.87b from 3Q 2022). Profit margin: 6.1% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Dec 04
Sanken Electric Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023 Sanken Electric Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥116 (vs JP¥46.08 in 2Q 2022) Second quarter 2023 results: EPS: JP¥116 (up from JP¥46.08 in 2Q 2022). Revenue: JP¥56.3b (up 34% from 2Q 2022). Net income: JP¥2.80b (up 152% from 2Q 2022). Profit margin: 5.0% (up from 2.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yoko Sanuki 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. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improved over the past week After last week's 21% share price gain to €43.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €50.99 per share. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥116 (vs JP¥46.08 in 2Q 2022) Second quarter 2023 results: EPS: JP¥116 (up from JP¥46.08 in 2Q 2022). Revenue: JP¥56.3b (up 34% from 2Q 2022). Net income: JP¥2.80b (up 152% from 2Q 2022). Profit margin: 5.0% (up from 2.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 15% share price gain to €34.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €55.27 per share. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.3%). Announcement • Aug 27
Sanken Electric Co., Ltd. to Report Q2, 2023 Results on Nov 04, 2022 Sanken Electric Co., Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥6.51 (vs JP¥35.06 in 1Q 2022) First quarter 2023 results: EPS: JP¥6.51 (down from JP¥35.06 in 1Q 2022). Revenue: JP¥49.6b (up 12% from 1Q 2022). Net income: JP¥157.0m (down 81% from 1Q 2022). Profit margin: 0.3% (down from 1.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 9.3%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Jun 08
Sanken Electric Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Sanken Electric Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥133 (vs JP¥288 loss in FY 2021) Full year 2022 results: EPS: JP¥133 (up from JP¥288 loss in FY 2021). Revenue: JP¥175.7b (up 12% from FY 2021). Net income: JP¥3.20b (up JP¥10.2b from FY 2021). Profit margin: 1.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 5.3%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Sanken Electric Co., Ltd., Annual General Meeting, Jun 24, 2022 Sanken Electric Co., Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent External Director Noriharu Fujita was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be €44.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 8.2% in 2 years. Earnings is forecast to grow by 623% in the next 2 years. Reported Earnings • Feb 04
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: JP¥15.41 loss per share (up from JP¥51.72 loss in 3Q 2021). Revenue: JP¥42.5b (up 2.1% from 3Q 2021). Net loss: JP¥372.0m (loss narrowed 70% from 3Q 2021). Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to stay flat compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS JP¥46.07 (vs JP¥137 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥42.1b (up 15% from 2Q 2021). Net income: JP¥1.11b (up JP¥4.43b from 2Q 2021). Profit margin: 2.6% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥35.06 (vs JP¥65.24 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥44.3b (up 40% from 1Q 2021). Net income: JP¥846.0m (up JP¥2.42b from 1Q 2021). Profit margin: 1.9% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • May 14
Full year 2021 earnings released: JP¥288 loss per share (vs JP¥230 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥156.8b (down 2.1% from FY 2020). Net loss: JP¥6.95b (loss widened 25% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Mar 10
Sanken Electric Co., Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 Sanken Electric Co., Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Is New 90 Day High Low • Feb 10
New 90-day high: €40.40 The company is up 41% from its price of €28.60 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.65 per share. Reported Earnings • Feb 05
Third quarter 2021 earnings released: JP¥51.71 loss per share (vs JP¥132 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥41.6b (up 2.8% from 3Q 2020). Net loss: JP¥1.25b (loss narrowed 61% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year. Analyst Estimate Surprise Post Earnings • Feb 05
Revenue beats expectations Revenue exceeded analyst estimates by 6.9%. Over the next year, revenue is expected to shrink by 2.1% compared to a 20% growth forecast for the Semiconductor industry in Germany. Is New 90 Day High Low • Jan 09
New 90-day high: €37.80 The company is up 70% from its price of €22.20 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.68 per share. Is New 90 Day High Low • Dec 16
New 90-day high: €31.80 The company is up 61% from its price of €19.80 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.68 per share. Announcement • Dec 05
Sanken Electric Co., Ltd. to Report Q3, 2021 Results on Feb 03, 2021 Sanken Electric Co., Ltd. announced that they will report Q3, 2021 results on Feb 03, 2021 Is New 90 Day High Low • Nov 28
New 90-day high: €30.00 The company is up 81% from its price of €16.60 on 28 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.64 per share. Reported Earnings • Nov 17
Second quarter 2021 earnings released: JP¥137 loss per share The company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥36.5b (down 9.8% from 2Q 2020). Net loss: JP¥3.31b (loss widened 59% from 2Q 2020). 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 5% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Nov 17
Revenue beats expectations Revenue exceeded analyst estimates by 4.0%. Over the next year, revenue is expected to shrink by 9.1% compared to a 20% growth forecast for the Semiconductor industry in Germany. Analyst Estimate Surprise Post Earnings • Nov 08
Revenue beats expectations Revenue exceeded analyst estimates by 4.0%. Over the next year, revenue is expected to shrink by 9.1% compared to a 19% growth forecast for the Semiconductor industry in Germany. Reported Earnings • Nov 08
Second quarter 2021 earnings released: JP¥137 loss per share The company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥36.5b (down 9.8% from 2Q 2020). Net loss: JP¥3.31b (loss widened 59% from 2Q 2020). 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 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Oct 29
New 90-day high: €23.00 The company is up 42% from its price of €16.20 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.69 per share. Announcement • Oct 27
STMicroelectronics and Sanken Announce Strategic Partnership to Develop Intelligent Power Modules for High-Voltage Industrial and Automotive Products STMicroelectronics and Sanken Electric Co., Ltd. have collaborated to unleash the performance and practical advantages of intelligent power modules (IPM) in high-voltage, high-power equipment designs. The two companies are developing and will jointly market 650V/50A and 1,200V/10A industrial modules, which simplify design challenges and shrink the bill of materials for HVAC systems, industrial servo drives, industrial washing machines, and general-purpose inverters over 3 kW. The ST/Sanken IPM product roadmap will continue with 650V/50A automotive-grade modules for high-voltage compressors, pumps, and cooling fans. IPMs let designers replace traditional power circuits built using discrete components with a compact, integrated device that simplifies circuit layout and PCB design. This helps accelerate time to market and improve cost-effectiveness and reliability. Leveraging easier manufacturing, faster assembly, and bill-of-materials savings, designers of high-voltage equipment can create new generations of power products that are space-saving, economical, energy-efficient, and robust. Engineering samples of the industrial IPMs will be available in March 2021 and production will begin soon afterwards. Samples of the automotive-grade devices will be available in second half of 2021. The new IPMs integrate a complete inverter stage including six short-circuit rugged IGBTs with freewheeling diodes, associated high-side and low-side gate drivers in a single package designed optimally for thermal efficiency. Ready to operate in hard switching up to 20 kHz, the modules also contain built-in features for protection and control. These include bootstrap diodes, short-circuit protection, under-voltage lockout protection for gate drivers, a 100 kO thermistor for temperature monitoring, and a comparator for fault protection. Additional benefits that simplify design for users and enhance safety and reliability include: 3.3V/5V TTL/CMOS-compatible inputs with hysteresis; Shutdown input and Fault output; Separate open-emitter outputs; Very fast, soft-recovery diodes; Fully isolated package with isolation rating of 2,500Vrms/min. Is New 90 Day High Low • Sep 29
New 90-day high: €20.20 The company is up 17% from its price of €17.20 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 Semiconductor 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 €0.69 per share. Announcement • Aug 16
Sanken Electric Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020 Sanken Electric Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020 Announcement • Aug 06
GS Yuasa Corporation (TSE:6674) entered into share transfer agreement to acquire Sanken Densetsu Co., Ltd. from Sanken Electric Co., Ltd. (TSE:6707) for approximately ¥4.8 billion. GS Yuasa International Ltd. entered into share transfer agreement to acquire Sanken Densetsu Co., Ltd. from Sanken Electric Co., Ltd. (TSE:6707) for approximately ¥4.8 billion on August 4, 2020. Under the transaction, GS Yuasa International Ltd. will acquire 1000 shares of Sanken Densetsu Co., Ltd. For the year ended March 31, 2019, Sanken Densetsu Co., Ltd. reported total assets of ¥1067 million, net assets of ¥90 million net sales of ¥3585 million, operating income of ¥79 million and net income of ¥50 million. The transaction shall be subject to the completion of review by Japan Fair Trade Commission. The Board of Directors of Sanken Electric Co., Ltd. approved the transaction. The transaction is expected to be completed on April 1, 2021. 
