Announcement • May 30
G-Tekt Corporation to Report Q1, 2027 Results on Aug 06, 2026 G-Tekt Corporation announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 20
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥314 (up from JP¥289 in FY 2025). Revenue: JP¥333.4b (down 1.7% from FY 2025). Net income: JP¥13.5b (up 8.2% from FY 2025). Profit margin: 4.0% (up from 3.7% in FY 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 2.8% p.a. on average during the next 2 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 increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
G-Tekt Corporation, Annual General Meeting, Jun 22, 2026 G-Tekt Corporation, Annual General Meeting, Jun 22, 2026. Announcement • May 10
G-Tekt Corporation to Report Fiscal Year 2026 Results on May 15, 2026 G-Tekt Corporation announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 15, 2026 Price Target Changed • Mar 24
Price target increased by 8.0% to JP¥1,880 Up from JP¥1,740, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,837. Stock is up 2.3% over the past year. The company is forecast to post earnings per share of JP¥253 for next year compared to JP¥289 last year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 24 June 2026. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥62.79 (vs JP¥117 in 3Q 2025) Third quarter 2026 results: EPS: JP¥62.79 (down from JP¥117 in 3Q 2025). Revenue: JP¥79.9b (down 8.5% from 3Q 2025). Net income: JP¥2.69b (down 47% from 3Q 2025). Profit margin: 3.4% (down from 5.8% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 02
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 30th March 2026 Payment date: 24th June 2026 Dividend yield will be 4.8%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: JP¥40.30 (vs JP¥19.45 in 2Q 2025) Second quarter 2026 results: EPS: JP¥40.30 (up from JP¥19.45 in 2Q 2025). Revenue: JP¥77.2b (down 4.2% from 2Q 2025). Net income: JP¥1.73b (up 106% from 2Q 2025). Profit margin: 2.2% (up from 1.0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% 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 increased by 3% per year whereas the company’s share price has increased by 8% per year. Buy Or Sell Opportunity • Oct 17
Now 20% undervalued Over the last 90 days, the stock has risen 9.1% to JP¥1,960. The fair value is estimated to be JP¥2,454, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 3.9%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Announcement • Oct 01
G-Tekt Corporation to Report Q2, 2026 Results on Nov 13, 2025 G-Tekt Corporation announced that they will report Q2, 2026 results on Nov 13, 2025 Buy Or Sell Opportunity • Oct 01
Now 22% undervalued Over the last 90 days, the stock has risen 6.9% to JP¥1,911. The fair value is estimated to be JP¥2,461, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 3.9%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.0%). Announcement • Sep 01
G-Tekt Corporation to Report Q3, 2026 Results on Feb 12, 2026 G-Tekt Corporation announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥43.83 (vs JP¥71.06 in 1Q 2025) First quarter 2026 results: EPS: JP¥43.83 (down from JP¥71.06 in 1Q 2025). Revenue: JP¥77.3b (down 11% from 1Q 2025). Net income: JP¥1.88b (down 39% from 1Q 2025). Profit margin: 2.4% (down from 3.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% 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 increased by 4% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 11
G-Tekt Corporation to Report Q1, 2026 Results on Aug 07, 2025 G-Tekt Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 New Risk • May 22
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • May 14
G-Tekt Corporation, Annual General Meeting, Jun 23, 2025 G-Tekt Corporation, Annual General Meeting, Jun 23, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,438, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Auto Components industry in Japan. Total returns to shareholders of 35% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥37.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%). Announcement • Mar 01
G-Tekt Corporation to Report Fiscal Year 2025 Results on May 14, 2025 G-Tekt Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥117 (vs JP¥87.33 in 3Q 2024) Third quarter 2025 results: EPS: JP¥117 (up from JP¥87.33 in 3Q 2024). Revenue: JP¥87.2b (down 7.9% from 3Q 2024). Net income: JP¥5.02b (up 33% from 3Q 2024). Profit margin: 5.8% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year. Announcement • Dec 03
G-Tekt Corporation to Report Q3, 2025 Results on Feb 10, 2025 G-Tekt Corporation announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥19.45 (vs JP¥74.35 in 2Q 2024) Second quarter 2025 results: EPS: JP¥19.45 (down from JP¥74.35 in 2Q 2024). Revenue: JP¥80.6b (down 6.8% from 2Q 2024). Net income: JP¥838.0m (down 74% from 2Q 2024). Profit margin: 1.0% (down from 3.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% 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 increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.5%). Buy Or Sell Opportunity • Sep 02
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to JP¥1,680. The fair value is estimated to be JP¥1,398, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 0.1% per annum over the same time period. Announcement • Aug 27
G-Tekt Corporation to Report Q2, 2025 Results on Nov 11, 2024 G-Tekt Corporation announced that they will report Q2, 2025 results on Nov 11, 2024 Buy Or Sell Opportunity • Aug 16
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to JP¥1,688. The fair value is estimated to be JP¥1,398, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 0.1% per annum over the same time period. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,518, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Auto Components industry in Japan. Total returns to shareholders of 15% over the past three years. Buy Or Sell Opportunity • Jul 05
Now 21% overvalued Over the last 90 days, the stock has fallen 1.1% to JP¥1,970. The fair value is estimated to be JP¥1,622, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 7.4% in 2 years. Earnings are forecast to grow by 0.5% in the next 2 years. Announcement • Jun 27
G-Tekt Corporation to Report Q1, 2025 Results on Aug 08, 2024 G-Tekt Corporation announced that they will report Q1, 2025 results on Aug 08, 2024 Buy Or Sell Opportunity • May 27
Now 22% overvalued Over the last 90 days, the stock has fallen 6.0% to JP¥1,930. The fair value is estimated to be JP¥1,583, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 7.4% in 2 years. Earnings are forecast to grow by 0.5% in the next 2 years. Reported Earnings • May 12
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥308 (up from JP¥239 in FY 2023). Revenue: JP¥344.6b (up 9.6% from FY 2023). Net income: JP¥13.2b (up 29% from FY 2023). Profit margin: 3.8% (up from 3.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Announcement • May 12
G-Tekt Corporation, Annual General Meeting, Jun 21, 2024 G-Tekt Corporation, Annual General Meeting, Jun 21, 2024. Major Estimate Revision • Apr 17
Consensus EPS estimates increase by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥315.0b to JP¥340.0b. EPS estimate increased from JP¥217 to JP¥260 per share. Net income forecast to grow 1.3% next year vs 8.6% growth forecast for Auto Components industry in Japan. Consensus price target up from JP¥1,900 to JP¥2,220. Share price was steady at JP¥2,073 over the past week. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.6%). Announcement • Mar 02
G-Tekt Corporation to Report Fiscal Year 2024 Results on May 10, 2024 G-Tekt Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥87.33 (vs JP¥34.06 in 3Q 2023) Third quarter 2024 results: EPS: JP¥87.33 (up from JP¥34.06 in 3Q 2023). Revenue: JP¥94.7b (up 17% from 3Q 2023). Net income: JP¥3.76b (up 157% from 3Q 2023). Profit margin: 4.0% (up from 1.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
G-Tekt Corporation to Report Q3, 2024 Results on Feb 02, 2024 G-Tekt Corporation announced that they will report Q3, 2024 results on Feb 02, 2024 New Risk • Nov 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 4.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Announcement • Sep 28
G-Tekt Corporation to Report Q2, 2024 Results on Nov 07, 2023 G-Tekt Corporation announced that they will report Q2, 2024 results on Nov 07, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥30.00 per share at 3.2% 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: 3.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥63.82 (vs JP¥66.51 in 1Q 2023) First quarter 2024 results: EPS: JP¥63.82 (down from JP¥66.51 in 1Q 2023). Revenue: JP¥78.8b (up 17% from 1Q 2023). Net income: JP¥2.75b (down 4.0% from 1Q 2023). Profit margin: 3.5% (down from 4.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Jun 26
G-Tekt Corporation to Report Q1, 2024 Results on Aug 04, 2023 G-Tekt Corporation announced that they will report Q1, 2024 results on Aug 04, 2023 Announcement • May 17
G-Tekt Corporation, Annual General Meeting, Jun 21, 2023 G-Tekt Corporation, Annual General Meeting, Jun 21, 2023. Reported Earnings • May 16
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥239 (up from JP¥207 in FY 2022). Revenue: JP¥314.3b (up 33% from FY 2022). Net income: JP¥10.3b (up 16% from FY 2022). Profit margin: 3.3% (down from 3.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 8.3%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥29.00 per share at 4.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%). Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥34.06 (vs JP¥51.24 in 3Q 2022) Third quarter 2023 results: EPS: JP¥34.06 (down from JP¥51.24 in 3Q 2022). Revenue: JP¥80.9b (up 31% from 3Q 2022). Net income: JP¥1.47b (down 34% from 3Q 2022). Profit margin: 1.8% (down from 3.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Dec 04
G-Tekt Corporation to Report Q3, 2023 Results on Feb 03, 2023 G-Tekt Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Keiji Kasamatsu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥94.94 (vs JP¥42.35 in 2Q 2022) Second quarter 2023 results: EPS: JP¥94.94 (up from JP¥42.35 in 2Q 2022). Revenue: JP¥87.3b (up 77% from 2Q 2022). Net income: JP¥4.08b (up 124% from 2Q 2022). Profit margin: 4.7% (up from 3.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%). Announcement • Sep 03
G-Tekt Corporation to Report Q2, 2023 Results on Nov 04, 2022 G-Tekt Corporation announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥66.51 (vs JP¥32.24 in 1Q 2022) First quarter 2023 results: EPS: JP¥66.51 (up from JP¥32.24 in 1Q 2022). Revenue: JP¥67.5b (up 21% from 1Q 2022). Net income: JP¥2.86b (up 107% from 1Q 2022). Profit margin: 4.2% (up from 2.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jun 15
G-Tekt Corporation to Report Q1, 2023 Results on Aug 05, 2022 G-Tekt Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Announcement • May 18
G-Tekt Corporation, Annual General Meeting, Jun 24, 2022 G-Tekt Corporation, Annual General Meeting, Jun 24, 2022. Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥207 (vs JP¥152 in FY 2021) Full year 2022 results: EPS: JP¥207 (up from JP¥152 in FY 2021). Revenue: JP¥236.5b (up 13% from FY 2021). Net income: JP¥8.88b (up 36% from FY 2021). Profit margin: 3.8% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Rieko Inaba is the most experienced director on the board, commencing their role in 2019. Independent Outside Audit & Supervisory Board Member Yasuo Kitamura was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Apr 08
G-Tekt Corporation to Report Fiscal Year 2022 Results on May 13, 2022 G-Tekt Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Buying Opportunity • Mar 31
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥1,598, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Earnings per share has declined by 14%. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.0%). Reported Earnings • Feb 07
Third quarter 2022 earnings: EPS exceeds analyst expectations Third quarter 2022 results: EPS: JP¥51.24 (down from JP¥75.10 in 3Q 2021). Revenue: JP¥61.8b (down 2.6% from 3Q 2021). Net income: JP¥2.20b (down 32% from 3Q 2021). Profit margin: 3.6% (down from 5.1% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 56%. Over the next year, revenue is forecast to grow 15%, compared to a 8.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥42.35 (vs JP¥43.07 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2022 results: Revenue: JP¥49.4b (down 15% from 2Q 2021). Net income: JP¥1.82b (down 1.6% from 2Q 2021). Profit margin: 3.7% (up from 3.2% in 2Q 2021). The increase in margin was driven by lower expenses. 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 5% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥32.24 (vs JP¥38.69 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¥55.7b (up 68% from 1Q 2021). Net income: JP¥1.38b (up JP¥3.05b from 1Q 2021). Profit margin: 2.5% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 21
Full year 2021 earnings released: EPS JP¥152 (vs JP¥131 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥209.4b (down 8.3% from FY 2020). Net income: JP¥6.53b (up 16% from FY 2020). Profit margin: 3.1% (up from 2.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥152 (vs JP¥131 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥209.4b (down 8.3% from FY 2020). Net income: JP¥6.53b (up 16% from FY 2020). Profit margin: 3.1% (up from 2.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 22 June 2021. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.9%). Announcement • Mar 17
G-Tekt Corporation to Report Fiscal Year 2021 Results on May 13, 2021 G-Tekt Corporation announced that they will report fiscal year 2021 results on May 13, 2021 Reported Earnings • Feb 08
Third quarter 2021 earnings released: EPS JP¥75.10 (vs JP¥41.21 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥63.4b (up 8.2% from 3Q 2020). Net income: JP¥3.22b (up 82% from 3Q 2020). Profit margin: 5.1% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 18
New 90-day high: JP¥1,634 The company is up 32% from its price of JP¥1,239 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 02
New 90-day high: JP¥1,453 The company is up 22% from its price of JP¥1,190 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 10.0% over the same period. Announcement • Nov 29
G-Tekt Corporation to Report Q3, 2021 Results on Feb 05, 2021 G-Tekt Corporation announced that they will report Q3, 2021 results on Feb 05, 2021 Announcement • Sep 13
G-Tekt Corporation to Report Q2, 2021 Results on Nov 06, 2020 G-Tekt Corporation announced that they will report Q2, 2021 results on Nov 06, 2020