Declared Dividend • Jul 25
Final dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 5.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 8.6% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Outside Director Takamitsu Sakamaki was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 28
Ahresty Corporation to Report Q1, 2027 Results on Aug 05, 2026 Ahresty Corporation announced that they will report Q1, 2027 results on Aug 05, 2026 Reported Earnings • May 26
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥144 (up from JP¥116 loss in FY 2025). Revenue: JP¥167.1b (up 2.6% from FY 2025). Net income: JP¥3.58b (up JP¥6.47b from FY 2025). Profit margin: 2.1% (up from net loss in FY 2025). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 9.0%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Ahresty Corporation, Annual General Meeting, Jun 29, 2026 Ahresty Corporation, Annual General Meeting, Jun 29, 2026. Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥711, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Auto Components industry in Japan. Total returns to shareholders of 24% over the past three years. Announcement • Apr 14
Ahresty Corporation to Report Fiscal Year 2026 Results on May 20, 2026 Ahresty Corporation announced that they will report fiscal year 2026 results on May 20, 2026 Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥56.72 (vs JP¥40.64 in 3Q 2025) Third quarter 2026 results: EPS: JP¥56.72 (up from JP¥40.64 in 3Q 2025). Revenue: JP¥41.3b (flat on 3Q 2025). Net income: JP¥1.41b (up 40% from 3Q 2025). Profit margin: 3.4% (up from 2.4% in 3Q 2025). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Feb 12
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to JP¥958. The fair value is estimated to be JP¥767, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 2.2% in 2 years. Earnings are forecast to grow by 110% in the next 2 years. Declared Dividend • Dec 06
First half dividend of JP¥16.00 announced Shareholders will receive a dividend of JP¥16.00. Ex-date: 30th March 2026 Payment date: 10th June 2026 Dividend yield will be 4.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 88% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 06
Ahresty Corporation to Report Q3, 2026 Results on Feb 12, 2026 Ahresty Corporation announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: JP¥44.50 (vs JP¥128 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥44.50 (up from JP¥128 loss in 2Q 2025). Revenue: JP¥39.2b (down 1.5% from 2Q 2025). Net income: JP¥1.10b (up JP¥4.29b from 2Q 2025). Profit margin: 2.8% (up from net loss in 2Q 2025). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.1% to JP¥784. The fair value is estimated to be JP¥992, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has declined by 42%. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.0%). Announcement • Sep 02
Ahresty Corporation to Report Q2, 2026 Results on Nov 11, 2025 Ahresty Corporation announced that they will report Q2, 2026 results on Nov 11, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥39.35 (vs JP¥19.48 in 1Q 2025) First quarter 2026 results: EPS: JP¥39.35 (up from JP¥19.48 in 1Q 2025). Revenue: JP¥42.9b (up 12% from 1Q 2025). Net income: JP¥976.0m (up 100% from 1Q 2025). Profit margin: 2.3% (up from 1.3% in 1Q 2025). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Declared Dividend • Jul 09
Final dividend of JP¥16.00 announced Shareholders will receive a dividend of JP¥16.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 4.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (184% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Announcement • Jun 27
Ahresty Corporation to Report Q1, 2026 Results on Aug 08, 2025 Ahresty Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 New Risk • May 24
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 153% Dividend yield: 4.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 153% Earnings have declined by 17% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Reported Earnings • May 21
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: JP¥116 loss per share (improved from JP¥301 loss in FY 2024). Revenue: JP¥162.9b (up 3.0% from FY 2024). Net loss: JP¥2.89b (loss narrowed 62% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • May 16
Ahresty Corporation, Annual General Meeting, Jun 27, 2025 Ahresty Corporation, Annual General Meeting, Jun 27, 2025. New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings have declined by 25% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.2% average weekly change). New Risk • Apr 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥13.9b (US$95.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥13.9b market cap, or US$95.7m). Upcoming Dividend • Mar 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%). Announcement • Mar 07
Ahresty Corporation to Report Fiscal Year 2025 Results on May 16, 2025 Ahresty Corporation announced that they will report fiscal year 2025 results on May 16, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥40.64 (vs JP¥13.94 in 3Q 2024) Third quarter 2025 results: EPS: JP¥40.64 (up from JP¥13.94 in 3Q 2024). Revenue: JP¥41.4b (flat on 3Q 2024). Net income: JP¥1.01b (up 184% from 3Q 2024). Profit margin: 2.4% (up from 0.9% in 3Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Declared Dividend • Dec 06
First half dividend of JP¥18.00 announced Shareholders will receive a dividend of JP¥18.00. Ex-date: 28th March 2025 Payment date: 11th June 2025 Dividend yield will be 5.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (38% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Announcement • Dec 05
Ahresty Corporation to Report Q3, 2025 Results on Feb 12, 2025 Ahresty Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 15
Second quarter 2025 earnings released: JP¥128 loss per share (vs JP¥17.37 profit in 2Q 2024) Second quarter 2025 results: JP¥128 loss per share (down from JP¥17.37 profit in 2Q 2024). Revenue: JP¥39.8b (flat on 2Q 2024). Net loss: JP¥3.18b (down JP¥3.63b from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.5%). New Risk • Sep 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.1b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks High level of debt (53% net debt to equity). Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥14.1b market cap, or US$99.6m). Announcement • Aug 27
Ahresty Corporation to Report Q2, 2025 Results on Nov 12, 2024 Ahresty Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥19.48 (vs JP¥17.44 in 1Q 2024) First quarter 2025 results: EPS: JP¥19.48 (up from JP¥17.44 in 1Q 2024). Revenue: JP¥38.4b (up 1.1% from 1Q 2024). Net income: JP¥488.0m (up 8.0% from 1Q 2024). Profit margin: 1.3% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥13.9b (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.6% per year over the past 5 years. Minor Risks High level of debt (55% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥13.9b market cap, or US$98.0m). Declared Dividend • Jul 11
Final dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 74% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.6% EPS decline seen over the last 5 years. Announcement • Jun 10
Ahresty Corporation to Report Q1, 2025 Results on Aug 09, 2024 Ahresty Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 22
Full year 2024 earnings released: JP¥301 loss per share (vs JP¥3.24 loss in FY 2023) Full year 2024 results: JP¥301 loss per share (further deteriorated from JP¥3.24 loss in FY 2023). Revenue: JP¥158.3b (up 12% from FY 2023). Net loss: JP¥7.70b (loss widened JP¥7.62b from FY 2023). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year. Announcement • May 19
Ahresty Corporation, Annual General Meeting, Jun 28, 2024 Ahresty Corporation, Annual General Meeting, Jun 28, 2024. Buy Or Sell Opportunity • Apr 24
Now 30% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to JP¥647. The fair value is estimated to be JP¥922, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.6%). Announcement • Mar 02
Ahresty Corporation to Report Fiscal Year 2024 Results on May 17, 2024 Ahresty Corporation announced that they will report fiscal year 2024 results on May 17, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥13.94 (vs JP¥13.73 in 3Q 2023) Third quarter 2024 results: EPS: JP¥13.94 (up from JP¥13.73 in 3Q 2023). Revenue: JP¥41.1b (up 8.5% from 3Q 2023). Net income: JP¥355.0m (flat on 3Q 2023). Profit margin: 0.9% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Nov 29
Ahresty Corporation Announces Dividend for the Second Quarter Ended September 30, 2023, Payable on December 5, 2023 Ahresty Corporation announced dividend of JPY 10.00 per share for the second quarter ended September 30, 2023 against JPY 5.00 per share paid a year ago. Planned date for start of dividend: December 5, 2023. Announcement • Nov 27
Ahresty Corporation to Report Q3, 2024 Results on Feb 08, 2024 Ahresty Corporation announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 18
Second quarter 2024 earnings released: EPS: JP¥17.37 (vs JP¥6.95 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥17.37 (up from JP¥6.95 loss in 2Q 2023). Revenue: JP¥39.8b (up 19% from 2Q 2023). Net income: JP¥448.0m (up JP¥629.0m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥870, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 10x in the Auto Components industry in Japan. Total returns to shareholders of 187% over the past three years. New Risk • Oct 05
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 Japanese stocks, typically moving 7.5% 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (7.5% average weekly change). Earnings have declined by 34% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥5.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.5%). Announcement • Aug 27
Ahresty Corporation to Report Q2, 2024 Results on Nov 09, 2023 Ahresty Corporation announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥17.44 (vs JP¥25.13 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥17.44 (up from JP¥25.13 loss in 1Q 2023). Revenue: JP¥38.0b (up 15% from 1Q 2023). Net income: JP¥452.0m (up JP¥1.10b from 1Q 2023). Profit margin: 1.2% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 28
Full year 2023 earnings released: JP¥3.24 loss per share (vs JP¥201 loss in FY 2022) Full year 2023 results: JP¥3.24 loss per share (improved from JP¥201 loss in FY 2022). Revenue: JP¥140.9b (up 21% from FY 2022). Net loss: JP¥84.0m (loss narrowed 98% from FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 15
Ahresty Corporation to Report Q1, 2024 Results on Aug 10, 2023 Ahresty Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • May 28
Ahresty Corporation to Report Q1, 2024 Results on Aug 10, 2023 Ahresty Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 24
Full year 2023 earnings released: JP¥3.24 loss per share (vs JP¥201 loss in FY 2022) Full year 2023 results: JP¥3.24 loss per share (improved from JP¥201 loss in FY 2022). Revenue: JP¥140.9b (up 21% from FY 2022). Net loss: JP¥84.0m (loss narrowed 98% from FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 20
Ahresty Corporation, Annual General Meeting, Jun 22, 2023 Ahresty Corporation, Annual General Meeting, Jun 22, 2023. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥684, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 11x in the Auto Components industry in Japan. Total returns to shareholders of 106% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥540, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 12x in the Auto Components industry in Japan. Total returns to shareholders of 69% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.2%). Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥450, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 11x in the Auto Components industry in Japan. Total returns to shareholders of 62% over the past three years. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: JP¥13.73 (vs JP¥195 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥13.73 (up from JP¥195 loss in 3Q 2022). Revenue: JP¥37.8b (up 30% from 3Q 2022). Net income: JP¥355.0m (up JP¥5.39b from 3Q 2022). Profit margin: 0.9% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Dec 30
Ahresty Corporation to Report Q3, 2023 Results on Feb 13, 2023 Ahresty Corporation announced that they will report Q3, 2023 results on Feb 13, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Shuichi Asakuno 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. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%). Reported Earnings • Aug 15
First quarter 2023 earnings released: JP¥25.13 loss per share (vs JP¥19.28 loss in 1Q 2022) First quarter 2023 results: JP¥25.13 loss per share (down from JP¥19.28 loss in 1Q 2022). Revenue: JP¥33.1b (up 22% from 1Q 2022). Net loss: JP¥649.0m (loss widened 31% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Announcement • Jun 16
Ahresty Corporation to Report Q1, 2023 Results on Aug 09, 2022 Ahresty Corporation announced that they will report Q1, 2023 results on Aug 09, 2022 Announcement • Jun 07
Ahresty Corporation, Annual General Meeting, Jun 28, 2022 Ahresty Corporation, Annual General Meeting, Jun 28, 2022, at 10:00 Tokyo Standard Time. Location: Harmony Square, 3rd floor, Harmony Hal 1-32-2 Honcho, Nakano-ku Tokyo Japan Agenda: To consider Business Report and Consolidated Financial Statements for the 101st fiscal year (from April 1, 2021 to March 31, 2022) and Reports of Audit on the Consolidated Financial Statements by the Accounting Auditor and the Audit and Supervisory Committee; to consider non-Consolidated Financial Statements for the 101st fiscal year (from April 1, 2021 to March 31, 2022); to consider partial Amendments to the Articles of Incorporation; to consider election of Four Directors; and to consider selection of Accounting Auditor. Reported Earnings • May 24
Full year 2022 earnings released: JP¥201 loss per share (vs JP¥111 loss in FY 2021) Full year 2022 results: JP¥201 loss per share (down from JP¥111 loss in FY 2021). Revenue: JP¥116.3b (up 25% from FY 2021). Net loss: JP¥5.19b (loss widened 83% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • May 20
Ahresty Corporation, Annual General Meeting, Jun 28, 2022 Ahresty Corporation, Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Shuichi Asakuno was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 05
Ahresty Corporation to Report Fiscal Year 2022 Results on May 18, 2022 Ahresty Corporation announced that they will report fiscal year 2022 results on May 18, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 02 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.0%). Reported Earnings • Feb 20
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥195 loss per share (down from JP¥35.80 profit in 3Q 2021). Revenue: JP¥29.1b (up 5.0% from 3Q 2021). Net loss: JP¥5.04b (down JP¥5.96b from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 11
Second quarter 2022 earnings released: JP¥49.75 loss per share (vs JP¥30.79 loss in 2Q 2021) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: JP¥27.5b (up 29% from 2Q 2021). Net loss: JP¥1.29b (loss widened 63% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
First quarter 2022 earnings released: JP¥19.28 loss per share (vs JP¥125 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥27.1b (up 75% from 1Q 2021). Net loss: JP¥495.0m (loss narrowed 85% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 19
Full year 2021 earnings released: JP¥111 loss per share (vs JP¥26.74 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¥93.0b (down 23% from FY 2020). Net loss: JP¥2.84b (loss widened 315% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 09
New 90-day high: JP¥434 The company is up 29% from its price of JP¥336 on 09 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 17% over the same period.