DB:CNJ

Stock Analysis Report

Canon Marketing Japan

Executive Summary

Canon Marketing Japan Inc. markets and sells Canon products and related solutions in Japan.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Share Price & News

How has Canon Marketing Japan's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.5%

CNJ

3.5%

DE Electronic

2.8%

DE Market


1 Year Return

13.8%

CNJ

-7.0%

DE Electronic

2.9%

DE Market

Return vs Industry: CNJ exceeded the German Electronic industry which returned -7% over the past year.

Return vs Market: CNJ exceeded the German Market which returned 2.9% over the past year.


Share holder returns

CNJIndustryMarket
7 Day-0.5%3.5%2.8%
30 Day1.3%-0.2%-0.2%
90 Day-1.1%-1.5%0.9%
1 Year17.5%13.8%-6.2%-7.0%6.2%2.9%
3 Year26.6%16.8%42.8%39.5%18.2%8.0%
5 Year60.0%41.0%128.6%116.9%43.1%23.6%

Price Volatility Vs. Market

How volatile is Canon Marketing Japan's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Canon Marketing Japan undervalued based on future cash flows and its price relative to the stock market?

18%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: CNJ (€18.8) is trading below our estimate of fair value (€22.85)

Significantly Undervalued: CNJ is trading below fair value, but not by a significant amount.


Price Based on Earnings

PE vs Industry: CNJ is good value based on its PE Ratio (12.8x) compared to the Electronic industry average (19.3x).

PE vs Market: CNJ is good value based on its PE Ratio (12.8x) compared to the German market (19.7x).


Price Based on Expected Growth

Low PEG Ratio: CNJ is poor value based on its PEG Ratio (4.9x)


Price Based on Value of Assets

PB vs Industry: CNJ is good value based on its PB Ratio (0.9x) compared to the DE Electronic industry average (2x).


Next Steps

Future Growth

How is Canon Marketing Japan expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

2.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: CNJ's forecast earnings growth (2.6% per year) is above the savings rate (0.2%).

Earnings vs Market: CNJ's earnings (2.6% per year) are forecast to grow slower than the German market (12.8% per year).

High Growth Earnings: CNJ's earnings are forecast to grow, but not significantly.

Revenue vs Market: CNJ's revenue (1.1% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: CNJ's revenue (1.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: CNJ's Return on Equity is forecast to be low in 3 years time (6.9%).


Next Steps

Past Performance

How has Canon Marketing Japan performed over the past 5 years?

9.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CNJ's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: CNJ's earnings growth over the past year (15.6%) exceeds its 5-year average (9.4% per year).

Earnings vs Industry: CNJ earnings growth over the past year (15.6%) exceeded the Electronic industry 9.9%.


Return on Equity

High ROE: CNJ's Return on Equity (7.4%) is considered low.


Return on Assets

ROA vs Industry: CNJ's Return on Assets is below or equal to the Electronic industry average last year.


Return on Capital Employed

ROCE Improving: CNJ has not improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Canon Marketing Japan's financial position?


Financial Position Analysis

Short Term Liabilities: CNJ's short term assets (€361.4B) exceeds its short term liabilities (€105.6B)

Long Term Liabilities: CNJ's short term assets (€361.4B) exceeds its long term liabilities (€63.8B)


Debt to Equity History and Analysis

Debt Level: CNJ is debt free.

Reducing Debt: CNJ has no debt compared to 5 years ago when its debt to equity ratio was 0%.

Debt Coverage: CNJ has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CNJ has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: CNJ has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CNJ's debt is covered by short term assets.


Next Steps

Dividend

What is Canon Marketing Japan's current dividend yield, its reliability and sustainability?

2.73%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Canon Marketing Japan before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company2.7%marketbottom25%1.5%markettop25%3.9%industryaverage1.6%forecastin3Years2.7%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: CNJ's dividend (2.66%) is higher than the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: CNJ's dividend (2.66%) is low compared to the top 25% of dividend payers in the German market (3.86%).

Stable Dividend: CNJ's dividend payments have been volatile in the past 10 years.

Growing Dividend: CNJ's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.9%), CNJ's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Canon Marketing Japan's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Masahiro Sakata (66yo)

4.6yrs

Tenure

0

Mr. Masahiro Sakata has been President of Canon Marketing Japan Inc. since March 2015. Mr. Sakata serves as the President of TBKK (Thailand) Co., Ltd. He has been President of Business Solution Co at Canon ...


Management Age and Tenure

3.5yrs

Average Tenure

61yo

Average Age

Experienced Management: CNJ's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

3.5yrs

Average Tenure

63.5yo

Average Age

Experienced Board: CNJ's board of directors are considered experienced (3.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Katsuya Imoto

    Executive Officer

    • Tenure: 0.8yrs
  • Kazunori Asada

    President of Canon IT Solutions (Shanghai) Company Limited

    • Tenure: 0yrs
  • Masahiro Sakata (66yo)

    President & Representative Director

    • Tenure: 4.6yrs
  • Masachika Adachi (59yo)

    Managing Executive Officer

    • Tenure: 0yrs
  • Yoshiyuki Matsusaka (63yo)

    Senior VP

    • Tenure: 0yrs
  • Shiro Hamada (58yo)

    Senior Exec. Officer

    • Tenure: 3.5yrs
  • Hiroyoshi Fujisawa

    Executive Officer

    • Tenure: 3.5yrs
  • Hatsumi Hirukawa

    Vice President

    • Tenure: 0.8yrs
  • Yukihiro Sasabe

    Executive Officer

    • Tenure: 1.8yrs
  • Yasuyuki Uotani

    Executive Officer

    • Tenure: 0.8yrs

Board Members

  • Masahiro Sakata (66yo)

    President & Representative Director

    • Tenure: 4.6yrs
  • Shinichi Inoue

    Audit & Supervisory Board Member

    • Tenure: 1.6yrs
  • Kunihiko Tedo (62yo)

    Audit & Supervisory Board Member

    • Tenure: 3.5yrs
  • Masahiro Shimizu (64yo)

    Standing Audit & Supervisory Board Member

    • Tenure: 6.6yrs
  • Shigeo Hasegawa (67yo)

    Audit & Supervisory Board Member

    • Tenure: 5.6yrs
  • Masachika Adachi (59yo)

    Managing Executive Officer

    • Tenure: 0yrs
  • Yoshiyuki Matsusaka (63yo)

    Senior VP

    • Tenure: 0yrs
  • Shiro Hamada (58yo)

    Senior Exec. Officer

    • Tenure: 3.5yrs
  • Akio Dobashi (70yo)

    Outside Director

    • Tenure: 3.5yrs
  • Yoshio Osawa

    Outside Director

    • Tenure: 1.6yrs

Company Information

Canon Marketing Japan Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Canon Marketing Japan Inc.
  • Ticker: CNJ
  • Exchange: DB
  • Founded: 1968
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: JP¥292.399b
  • Listing Market Cap: JP¥2.438b
  • Shares outstanding: 129.67m
  • Website: https://cweb.canon.jp

Number of Employees


Location

  • Canon Marketing Japan Inc.
  • Canon S Tower
  • 16-6, Konan 2-chome
  • Tokyo
  • 108-8011
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8060TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
CNJDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Canon Marketing Japan Inc. markets and sells Canon products and related solutions in Japan. It operates through Consumers, Enterprise, Area, and Professional segments. The Consumers segment provides digita ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 22:43
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.

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