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Ohizumi Mfg

BST:0OZ
Snowflake Description

Good value with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0OZ
BST
¥5B
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Ohizumi Mfg. Co., Ltd. manufactures and sells electronics parts and electric equipment/devices primarily in Japan. The last earnings update was 69 days ago. More info.


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0OZ Share Price and Events
7 Day Returns
-2.4%
BST:0OZ
1.3%
DE Electronic
1%
DE Market
1 Year Returns
-24.7%
BST:0OZ
-2%
DE Electronic
-5.6%
DE Market
0OZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ohizumi Mfg (0OZ) -2.4% 4.7% -9.2% -24.7% - -
DE Electronic 1.3% 8.7% 21% -2% 99.1% 103.6%
DE Market 1% 6.1% 8.4% -5.6% 10.9% 13.8%
1 Year Return vs Industry and Market
  • 0OZ underperformed the Electronic industry which returned -2% over the past year.
  • 0OZ underperformed the Market in Germany which returned -5.6% over the past year.
Price Volatility
0OZ
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Ohizumi Mfg's competitors could be found in our database.

Value

 Is Ohizumi Mfg undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ohizumi Mfg to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ohizumi Mfg.

BST:0OZ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:0OZ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.068 (1 + (1- 30.86%) (66.58%))
1.375
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.38
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.375 * 5.96%)
8.42%

Discounted Cash Flow Calculation for BST:0OZ using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ohizumi Mfg is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BST:0OZ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 8.42%)
2019 581.77 Est @ 5.58% 536.56
2020 604.89 Est @ 3.97% 514.54
2021 622.13 Est @ 2.85% 488.08
2022 634.96 Est @ 2.06% 459.44
2023 644.57 Est @ 1.51% 430.15
2024 651.84 Est @ 1.13% 401.20
2025 657.43 Est @ 0.86% 373.20
2026 661.82 Est @ 0.67% 346.50
2027 665.37 Est @ 0.54% 321.29
2028 668.33 Est @ 0.44% 297.64
Present value of next 10 years cash flows ¥4,168.61
BST:0OZ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥668.33 × (1 + 0.23%) ÷ (8.42% – 0.23%)
¥8,171.93
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥8,171.93 ÷ (1 + 8.42%)10
¥3,639.42
BST:0OZ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥4,168.61 + ¥3,639.42
¥7,808.03
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥7,808.03 / 8.37
¥933.16
BST:0OZ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:0OZ represents 0.00774x of TSE:6618
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00774x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 933.16 x 0.00774
€7.23
Value per share (EUR) From above. €7.23
Current discount Discount to share price of €4.96
= -1 x (€4.96 - €7.23) / €7.23
31.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ohizumi Mfg is available for.
Intrinsic value
31%
Share price is €4.96 vs Future cash flow value of €7.23
Current Discount Checks
For Ohizumi Mfg to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ohizumi Mfg's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ohizumi Mfg's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ohizumi Mfg's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ohizumi Mfg's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:0OZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥68.01
TSE:6618 Share Price ** TSE (2019-04-24) in JPY ¥641
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.43x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ohizumi Mfg.

BST:0OZ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6618 Share Price ÷ EPS (both in JPY)

= 641 ÷ 68.01

9.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ohizumi Mfg is good value based on earnings compared to the DE Electronic industry average.
  • Ohizumi Mfg is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Ohizumi Mfg's expected growth come at a high price?
Raw Data
BST:0OZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
0.1%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.13x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

BST:0OZ PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.43x ÷ 0.1%

151.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ohizumi Mfg is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Ohizumi Mfg's assets?
Raw Data
BST:0OZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥260.06
TSE:6618 Share Price * TSE (2019-04-24) in JPY ¥641
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
BST:0OZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6618 Share Price ÷ Book Value per Share (both in JPY)

= 641 ÷ 260.06

2.46x

* Primary Listing of Ohizumi Mfg.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ohizumi Mfg is good value based on assets compared to the DE Electronic industry average.
X
Value checks
We assess Ohizumi Mfg's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Ohizumi Mfg has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Ohizumi Mfg expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ohizumi Mfg expected to grow at an attractive rate?
  • Ohizumi Mfg's earnings growth is positive but not above the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Ohizumi Mfg's earnings growth is positive but not above the Germany market average.
  • Ohizumi Mfg's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:0OZ Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:0OZ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 0.1%
BST:0OZ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.5%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 13%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:0OZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:0OZ Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 13,500 550 1
2020-03-31 12,800 500 1
2019-03-31 12,400 500 1
BST:0OZ Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 12,538 569
2018-09-30 12,579 430 449
2018-06-30 12,590 384
2018-03-31 12,392 680 334
2017-12-31 12,374 301
2017-09-30 12,251 934 405
2017-06-30 12,199 356
2017-03-31 12,181 662 262
2016-12-31 12,305 311
2016-09-30 12,441 586 348
2016-06-30 12,346 129
2016-03-31 12,260 556 15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ohizumi Mfg's earnings are expected to grow by 0.1% yearly, however this is not considered high growth (20% yearly).
  • Ohizumi Mfg's revenue is expected to grow by 3.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:0OZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Ohizumi Mfg Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:0OZ Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 65.70 65.70 65.70 1.00
2020-03-31 59.80 59.80 59.80 1.00
2019-03-31 59.80 59.80 59.80 1.00
BST:0OZ Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 68.01
2018-09-30 53.66
2018-06-30 45.89
2018-03-31 39.92
2017-12-31 36.03
2017-09-30 49.04
2017-06-30 43.75
2017-03-31 32.69
2016-12-31 39.35
2016-09-30 44.51
2016-06-30 16.66
2016-03-31 1.96

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ohizumi Mfg will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ohizumi Mfg's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ohizumi Mfg has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Ohizumi Mfg performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ohizumi Mfg's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ohizumi Mfg has delivered over 20% year on year earnings growth in the past 5 years.
  • Ohizumi Mfg's 1-year earnings growth exceeds its 5-year average (89% vs 64.4%)
  • Ohizumi Mfg's earnings growth has exceeded the DE Electronic industry average in the past year (89% vs 18.1%).
Earnings and Revenue History
Ohizumi Mfg's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ohizumi Mfg Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:0OZ Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 12,538.00 569.00 1,844.00
2018-09-30 12,579.00 449.00 1,808.00
2018-06-30 12,590.00 384.00 1,805.00
2018-03-31 12,392.00 334.00 1,781.00
2017-12-31 12,374.00 301.00 1,756.00
2017-09-30 12,251.00 405.00 1,757.00
2017-06-30 12,199.00 356.00 1,714.00
2017-03-31 12,181.00 262.00 1,709.00
2016-12-31 12,305.00 311.00 1,708.00
2016-09-30 12,441.00 348.00 1,738.00
2016-06-30 12,346.00 129.00 1,784.00
2016-03-31 12,260.00 15.00 1,822.00
2015-12-31 12,172.00 -259.00 1,804.00
2015-09-30 11,922.00 -408.00 1,789.00
2015-06-30 12,020.00 -162.00 1,782.00
2015-03-31 12,021.00 -241.00 1,898.00
2014-12-31 11,988.00 -102.00 1,959.00
2014-09-30 12,008.00 -167.00 2,038.00
2014-06-30 11,871.00 -435.00 2,108.00
2014-03-31 11,878.00 -326.00 2,003.00
2013-12-31 11,544.00 -316.00 2,005.00
2013-09-30 11,147.00 -293.00 1,941.00
2013-06-30 11,004.00 -311.00 1,982.00
2013-03-31 10,780.00 -297.00 1,971.00
2012-12-31 10,762.00 -138.00 1,961.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Ohizumi Mfg has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Ohizumi Mfg used its assets less efficiently than the DE Electronic industry average last year based on Return on Assets.
  • Ohizumi Mfg has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ohizumi Mfg's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ohizumi Mfg has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Ohizumi Mfg's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ohizumi Mfg's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ohizumi Mfg is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ohizumi Mfg's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ohizumi Mfg's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ohizumi Mfg Company Filings, last reported 3 months ago.

BST:0OZ Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,176.00 3,571.00 1,437.00
2018-09-30 2,076.00 3,446.00 1,287.00
2018-06-30 1,915.00 3,553.00 1,407.00
2018-03-31 1,793.00 3,704.00 1,267.00
2017-12-31 1,780.00 3,963.00 1,498.00
2017-09-30 1,697.00 3,521.00 1,163.00
2017-06-30 1,541.00 3,692.00 1,187.00
2017-03-31 1,408.00 4,175.00 1,326.00
2016-12-31 1,257.00 4,035.00 1,128.00
2016-09-30 775.00 4,353.00 1,409.00
2016-06-30 724.00 3,658.00 819.00
2016-03-31 891.00 4,062.00 671.00
2015-12-31 1,043.00 3,604.00 337.00
2015-09-30 815.00 4,080.00 740.00
2015-06-30 989.00 3,836.00 656.00
2015-03-31 793.00 4,651.00 566.00
2014-12-31 930.00 4,087.00 481.00
2014-09-30 731.00 3,812.00 670.00
2014-06-30 266.00 4,078.00 500.00
2014-03-31 367.00 4,405.00 490.00
2013-12-31 496.00 4,120.00 395.00
2013-09-30 385.00 4,375.00 650.00
2013-06-30 581.00 4,394.00 709.00
2013-03-31 558.00 4,696.00 735.00
2012-12-31 444.00 4,251.00 611.00
  • Ohizumi Mfg's level of debt (164.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (833.7% vs 164.1% today).
  • Debt is not well covered by operating cash flow (12%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 17x coverage).
X
Financial health checks
We assess Ohizumi Mfg's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ohizumi Mfg has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Ohizumi Mfg's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.25%
Current annual income from Ohizumi Mfg dividends. Estimated to be 1.25% next year.
If you bought €2,000 of Ohizumi Mfg shares you are expected to receive €25 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ohizumi Mfg's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Ohizumi Mfg's dividend is below the markets top 25% of dividend payers in Germany (3.7%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:0OZ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:0OZ Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 8.00 1.00
2020-03-31 8.00 1.00
2019-03-31 8.00 1.00
BST:0OZ Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2018-06-27 8.000 1.068
2018-05-15 8.000 0.995

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Ohizumi Mfg has stable dividend payments.
  • Ohizumi Mfg only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Ohizumi Mfg's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ohizumi Mfg has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ohizumi Mfg's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ohizumi Mfg afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ohizumi Mfg has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Ohizumi Mfg's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Hidetsune Goto
TENURE AS CEO 1.8 years
CEO Bio

Mr. Hidetsune Goto has been the President of Ohizumi Mfg. Co., Ltd. since June 8, 2017. Mr. Goto has been a Partner of Integral Corporation since January 2017. Mr. Goto joined Integral Corporation on June 2008. Since January 2008, Mr. Goto is a part-time Instructor of the strategic reorganization class of the M.B.A. program of Globis Business School. Before joining Integral Corporation, he worked for Paris Miki Inc. in 2007 as an Operating Officer in the Strategic Department. Previously, Mr. Goto began his career at Procter & Gamble Far East Inc. in 1994 as a Brand Manager in the Marketing Department, where he drove business double by leading innovative marketing program such as value added product introduction and third party endorsement marketing plan in the detergent category. In 2001, at Boston Consulting Group inc., he worked for many project themes such as sales strategy development with support for its execution, new business development and post merger integration at consumer goods, pharmaceutical and IT sectors. In 2003, at Tohato Inc., Mr. Goto was an Operating Officer in the Strategic Planning Department where he planned the three years turnaround program and developed management infrastructure of the company. He became a Manufacturing Director where he implemented turnaround measures at the plant. Mr. Goto was also the Vice President and Chief Operating Officer from 2005, where he led the marketing, sales and manufacturing divisions and subsequently led the successful turnaround of the company. He served as the Chairman of Ohizumi Mfg. Co., Ltd. since March 9, 2017 until June 8, 2017. He has been Director of Ohizumi Mfg. Co., Ltd. since March 9, 2017. He has been a Director of Integral Corporation since January 2017. He holds a B.A. in Law degree from Hitotsubashi University.

CEO Compensation
  • Insufficient data for Hidetsune to compare compensation growth.
  • Insufficient data for Hidetsune to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Ohizumi Mfg management team in years:

2.1
Average Tenure
  • The tenure for the Ohizumi Mfg management team is about average.
Management Team

Hidetsune Goto

TITLE
President
TENURE
1.8 yrs

Shigeki Yamazaki

TITLE
Senior Managing Director
AGE
62
TENURE
3.8 yrs

Hiroyuki Kanemi

TITLE
Managing Director and Director
AGE
51

Toshiki Saburi

TITLE
Vice President and Director
TENURE
2.1 yrs
Board of Directors Tenure

Average tenure and age of the Ohizumi Mfg board of directors in years:

3.8
Average Tenure
57.5
Average Age
  • The tenure for the Ohizumi Mfg board of directors is about average.
Board of Directors

Shigeki Yamazaki

TITLE
Senior Managing Director
AGE
62
TENURE
7.8 yrs

Hiroyuki Kanemi

TITLE
Managing Director and Director
AGE
51
TENURE
3.8 yrs

Toshiki Saburi

TITLE
Vice President and Director
TENURE
2.1 yrs

Koji Koiso

TITLE
External Director
AGE
46
TENURE
3.8 yrs

Nobuhiro Takeuchi

TITLE
External Auditor
AGE
65
TENURE
10.8 yrs

Jun Shirakami

TITLE
Standing Corporate Auditor
AGE
61
TENURE
7.4 yrs

Hong Xie

TITLE
External Auditor
AGE
54
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Ohizumi Mfg's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ohizumi Mfg has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Ohizumi Mfg. Co., Ltd. manufactures and sells electronics parts and electric equipment/devices primarily in Japan. It offers NTC thermistors, such as thermistors for temperature sensing or temperature compensation, temperature sensors for automobile engines, sensors for car air conditioners, and temperature sensors for room air conditioners, as well as for residential installations and home electric appliances. The company also provides PTC thermistors for over-current protection, demagnetization, heaters, temperature sensing/compensation, and other applications; and metal oxide non-linear resistor varistors for the protection of semiconductors from over-voltage, lighting surge, on-off surge of relays, automotive electronic equipment, etc. In addition, it offers thermistor assemblies for automotive industries, household and housing applications, and thermistor assembly and other applications. The company was formerly known as Ohizumi Aircraft Equipment Manufacturing Co., Ltd. and changed its name to Ohizumi Mfg. Co., Ltd. in 1945. Ohizumi Mfg. Co., Ltd. was founded in 1939 and is headquartered in Sayama, Japan.

Details
Name: Ohizumi Mfg. Co., Ltd.
0OZ
Exchange: BST
Founded: 1939
¥42,864,287
8,367,290
Website: http://www.ohizumi-mfg.jp
Address: Ohizumi Mfg. Co., Ltd.
1-11-4 Shin-Sayama,
Sayama,
Saitama, 350-1387,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6618 Common Shares The Tokyo Stock Exchange JP JPY 22. Jun 2012
BST 0OZ Common Shares Boerse-Stuttgart DE EUR 22. Jun 2012
Number of employees
Current staff
Staff numbers
1,549
Ohizumi Mfg employees.
Industry
Electronic Components
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 23:19
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/02/27
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.