Declared Dividend • Jul 25
Final dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 5.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Jul 01
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 Yukiko Satouchi was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 25
Asanuma Corporation (TSE:1852) announces an Equity Buyback for 300,000 shares, representing 0.37% for ¥270 million. Asanuma Corporation (TSE:1852) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 0.37% of its issued share capital (excluding treasury stock), for a total purchase price of ¥270 million. The purpose of the program is providing incentives for the sustainable improvement of corporate value and further promoting value sharing with shareholders. The program will be valid till July 31, 2026. As of March 31, 2026, the company had 80,726,816 issued shares (excluding treasury stock) and 59,474 treasury shares. Announcement • Jun 11
Asanuma Corporation to Report Q1, 2027 Results on Aug 06, 2026 Asanuma Corporation announced that they will report Q1, 2027 results on Aug 06, 2026 Announcement • May 13
Asanuma Corporation, Annual General Meeting, Jun 25, 2026 Asanuma Corporation, Annual General Meeting, Jun 25, 2026. Announcement • May 09
Asanuma Corporation to Report Fiscal Year 2026 Results on May 13, 2026 Asanuma Corporation announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Buy Or Sell Opportunity • Mar 03
Now 20% undervalued Over the last 90 days, the stock has risen 10% to JP¥1,088. The fair value is estimated to be JP¥1,364, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 17%. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥22.26 (vs JP¥20.63 in 3Q 2025) Third quarter 2026 results: EPS: JP¥22.26 (up from JP¥20.63 in 3Q 2025). Revenue: JP¥41.3b (down 5.3% from 3Q 2025). Net income: JP¥1.80b (up 8.1% from 3Q 2025). Profit margin: 4.4% (up from 3.8% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 09
Asanuma Corporation to Report Q3, 2026 Results on Feb 10, 2026 Asanuma Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 Declared Dividend • Dec 03
First half dividend of JP¥25.50 announced Shareholders will receive a dividend of JP¥25.50. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 35% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: JP¥29.25 (vs JP¥18.48 in 2Q 2025) Second quarter 2026 results: EPS: JP¥29.25 (up from JP¥18.48 in 2Q 2025). Revenue: JP¥44.2b (up 12% from 2Q 2025). Net income: JP¥2.36b (up 59% from 2Q 2025). Profit margin: 5.3% (up from 3.8% in 2Q 2025). The increase in margin was driven by higher revenue. 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 18% per year, which means it is tracking significantly ahead of earnings growth. 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: 03 December 2025. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%). Announcement • Sep 09
Asanuma Corporation to Report Q2, 2026 Results on Nov 11, 2025 Asanuma Corporation announced that they will report Q2, 2026 results at 3:00 PM, Tokyo Standard Time on Nov 11, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥8.83 (vs JP¥11.46 in 1Q 2025) First quarter 2026 results: EPS: JP¥8.83 (down from JP¥11.46 in 1Q 2025). Revenue: JP¥42.7b (up 19% from 1Q 2025). Net income: JP¥712.0m (down 23% from 1Q 2025). Profit margin: 1.7% (down from 2.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. 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: 3rd December 2025 Dividend yield will be 5.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 35% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: JP¥58.21 (vs JP¥57.96 in FY 2024) Full year 2025 results: EPS: JP¥58.21 (up from JP¥57.96 in FY 2024). Revenue: JP¥167.0b (up 9.4% from FY 2024). Net income: JP¥4.69b (flat on FY 2024). Profit margin: 2.8% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year. Announcement • Jun 27
Asanuma Corporation (TSE:1852) announces an Equity Buyback for 150,000 shares, representing 0.19% for ¥120 million. Asanuma Corporation (TSE:1852) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 0.19% of its issued share capital (excluding treasury stock), for a total purchase price of ¥120 million. The purpose of the program is providing incentives for the sustainable improvement of corporate value and further promoting value sharing with shareholders. The program will be valid till July 31, 2025. As of March 31, 2025, the company had 80,608,655 issued shares (excluding treasury stock) and 177,635 treasury shares. Announcement • Jun 11
Asanuma Corporation to Report Q1, 2026 Results on Aug 07, 2025 Asanuma Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥58.21 (vs JP¥57.96 in FY 2024) Full year 2025 results: EPS: JP¥58.21 (up from JP¥57.96 in FY 2024). Revenue: JP¥167.0b (up 9.4% from FY 2024). Net income: JP¥4.69b (flat on FY 2024). Profit margin: 2.8% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year. Announcement • May 14
Asanuma Corporation, Annual General Meeting, Jun 26, 2025 Asanuma Corporation, Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%). Announcement • Mar 14
Asanuma Corporation Revises Dividend Guidance for Fiscal Year Ending March 31, 2025 Asanuma Corporation revised dividend guidance for the fiscal year ending March 31, 2025. For the year end, the company revised dividend guidance to ¥22 per share compared to previous guidance of ¥20 per share. The Company considers returning profits to shareholders to be one of its most important management priorities. To this end, the basic policy is to strive to maintain and strengthen the company's competitiveness, while developing new technologies necessary for future business expansion, and to distribute profits based on business performance. In addition to the above policy, considering recent business performance trends and the shareholder return plan that targets a consolidated dividend ratio of at least 70% in the three-year medium term plan (FY 2024-2026), the Company is revising the dividend forecast by raising the dividend per share to ¥22 per share, up ¥2 per share from the previous forecast. As a result, the annual dividend forecast for the fiscal year ending March 31, 2025 will be ¥37 per share. Announcement • Mar 13
Asanuma Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Asanuma Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥20.63 (vs JP¥6.09 in 3Q 2024) Third quarter 2025 results: EPS: JP¥20.63 (up from JP¥6.09 in 3Q 2024). Revenue: JP¥43.6b (up 4.8% from 3Q 2024). Net income: JP¥1.66b (up 239% from 3Q 2024). Profit margin: 3.8% (up from 1.2% in 3Q 2024). 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 7% per year. Announcement • Feb 07
Asanuma Corporation Announces Retirement of Miwako Funamoto Director (Outside) Asanuma Corporation announced that Miwako Funamoto Director (outside) is scheduled to retire at the end of June 2025. Announcement • Dec 04
Asanuma Corporation to Report Q3, 2025 Results on Feb 07, 2025 Asanuma Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Dec 04
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (83% 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 39% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. New Risk • Nov 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.7% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥18.48 (vs JP¥13.27 in 2Q 2024) Second quarter 2025 results: EPS: JP¥18.48 (up from JP¥13.27 in 2Q 2024). Revenue: JP¥39.5b (flat on 2Q 2024). Net income: JP¥1.49b (up 39% from 2Q 2024). Profit margin: 3.8% (up from 2.7% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 09
Asanuma Corporation Announces Second Quarter Dividend, Payable on December 3, 2024 Asanuma Corporation announced second quarter dividend of JPY 15.00 per share. Record date is September 30, 2024. Effective date is December 3, 2024. Announcement • Sep 27
Asanuma Corporation to Report Q2, 2025 Results on Nov 08, 2024 Asanuma Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥591, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 55% over the past three years. Announcement • Jun 27
Asanuma Corporation (TSE:1852) announces an Equity Buyback for 60,000 shares, representing 0.37% for ¥250 million. Asanuma Corporation (TSE:1852) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 0.37% of its issued share capital (excluding treasury stock), for a total purchase price of ¥250 million. The purpose of the program is providing incentives for the sustainable improvement of corporate value and further promoting value sharing with shareholders. The program will be valid till July 29, 2024. As of March 31, 2024, the company had 16,136,972 issued shares (excluding treasury stock) and 20,286 treasury shares. Reported Earnings • May 17
Full year 2024 earnings released: EPS: JP¥290 (vs JP¥260 in FY 2023) Full year 2024 results: EPS: JP¥290 (up from JP¥260 in FY 2023). Revenue: JP¥152.7b (up 5.7% from FY 2023). Net income: JP¥4.67b (up 11% from FY 2023). Profit margin: 3.1% (up from 2.9% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • May 16
Asanuma Corporation, Annual General Meeting, Jun 27, 2024 Asanuma Corporation, Annual General Meeting, Jun 27, 2024. Announcement • Mar 24
Asanuma Corporation to Report Fiscal Year 2024 Results on May 14, 2024 Asanuma Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥198 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.7%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥30.43 (vs JP¥45.39 in 3Q 2023) Third quarter 2024 results: EPS: JP¥30.43 (down from JP¥45.39 in 3Q 2023). Revenue: JP¥41.6b (up 12% from 3Q 2023). Net income: JP¥490.0m (down 33% from 3Q 2023). Profit margin: 1.2% (down from 2.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Dec 07
Asanuma Corporation to Report Q3, 2024 Results on Feb 08, 2024 Asanuma Corporation announced that they will report Q3, 2024 results on Feb 08, 2024 New Risk • Nov 09
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: 2.1% Last year net profit margin: 3.5% 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 264% Earnings have declined by 1.7% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin). Announcement • Sep 14
Asanuma Corporation to Report Q2, 2024 Results on Nov 08, 2023 Asanuma Corporation announced that they will report Q2, 2024 results on Nov 08, 2023 New Risk • Aug 10
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 265% Dividend yield: 5.8% 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. Payout ratio: 100% Cash payout ratio: 265% Earnings have declined by 0.9% per year over the past 5 years. Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥1.98 (vs JP¥94.29 in 1Q 2023) First quarter 2024 results: EPS: JP¥1.98 (down from JP¥94.29 in 1Q 2023). Revenue: JP¥30.2b (down 8.7% from 1Q 2023). Net income: JP¥32.0m (down 96% from 1Q 2023). Profit margin: 0.1% (down from 2.3% in 1Q 2023). The decrease in margin was driven by lower revenue. 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 19% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥260 (vs JP¥232 in FY 2022) Full year 2023 results: EPS: JP¥260 (up from JP¥232 in FY 2022). Revenue: JP¥144.4b (up 6.6% from FY 2022). Net income: JP¥4.20b (up 12% from FY 2022). Profit margin: 2.9% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Asanuma Corporation, Annual General Meeting, Jun 23, 2023 Asanuma Corporation, Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥191 per share at 5.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥45.39 (vs JP¥53.96 in 3Q 2022) Third quarter 2023 results: EPS: JP¥45.39 (down from JP¥53.96 in 3Q 2022). Revenue: JP¥37.3b (up 2.1% from 3Q 2022). Net income: JP¥732.0m (down 16% from 3Q 2022). Profit margin: 2.0% (down from 2.4% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 23
Asanuma Corporation to Report Q3, 2023 Results on Feb 09, 2023 Asanuma Corporation announced that they will report Q3, 2023 results on Feb 09, 2023 Board Change • Nov 16
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, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Takuya Morikawa was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥56.85 (vs JP¥51.00 in 2Q 2022) Second quarter 2023 results: EPS: JP¥56.85 (up from JP¥51.00 in 2Q 2022). Revenue: JP¥33.8b (up 12% from 2Q 2022). Net income: JP¥1.38b (up 67% from 2Q 2022). Profit margin: 4.1% (up from 2.7% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Sep 14
Asanuma Corporation to Report Q2, 2023 Results on Nov 08, 2022 Asanuma Corporation announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥94.28 (vs JP¥8.26 in 1Q 2022) First quarter 2023 results: EPS: JP¥94.28 (up from JP¥8.26 in 1Q 2022). Revenue: JP¥33.1b (up 13% from 1Q 2022). Net income: JP¥760.0m (up 471% from 1Q 2022). Profit margin: 2.3% (up from 0.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Jun 16
Asanuma Corporation to Report Q1, 2023 Results on Aug 09, 2022 Asanuma Corporation announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥465 (vs JP¥514 in FY 2021) Full year 2022 results: EPS: JP¥465 (down from JP¥514 in FY 2021). Revenue: JP¥135.5b (down 2.5% from FY 2021). Net income: JP¥3.75b (down 9.4% from FY 2021). Profit margin: 2.8% (down from 3.0% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • May 18
Asanuma Corporation (TSE:1852) announces an Equity Buyback for 25,000 shares, representing 0.31% for ¥100 million. Asanuma Corporation (TSE:1852) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares, representing 0.31% of its share capital for ¥100 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency. The share repurchase program will run until May 31, 2022. As of March 31, 2022, the company had 8,070,376 shares outstanding (excluding treasury shares) and 8,253 shares in treasury. Announcement • May 13
Asanuma Corporation, Annual General Meeting, Jun 22, 2022 Asanuma Corporation, Annual General Meeting, Jun 22, 2022. Announcement • Apr 07
Asanuma Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Asanuma Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥363 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.1%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥108 (down from JP¥217 in 3Q 2021). Revenue: JP¥36.5b (up 4.4% from 3Q 2021). Net income: JP¥871.0m (down 50% from 3Q 2021). Profit margin: 2.4% (down from 5.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥102 (vs JP¥135 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥30.3b (down 15% from 2Q 2021). Net income: JP¥823.0m (down 24% from 2Q 2021). Profit margin: 2.7% (down from 3.0% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥16.51 (vs JP¥20.35 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥29.4b (up 5.9% from 1Q 2021). Net income: JP¥133.0m (down 19% from 1Q 2021). Profit margin: 0.5% (down from 0.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥514 (vs JP¥533 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥138.9b (down 1.8% from FY 2020). Net income: JP¥4.14b (down 3.8% from FY 2020). Profit margin: 3.0% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥250 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (2.6%). Is New 90 Day High Low • Mar 08
New 90-day high: JP¥4,810 The company is up 21% from its price of JP¥3,985 on 08 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 Construction industry, which is up 8.0% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥217 (vs JP¥135 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥35.0b (flat on 3Q 2020). Net income: JP¥1.75b (up 61% from 3Q 2020). Profit margin: 5.0% (up from 3.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat. Is New 90 Day High Low • Feb 04
New 90-day high: JP¥4,440 The company is up 6.0% from its price of JP¥4,200 on 06 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 10
New 90-day low: JP¥3,960 The company is down 7.0% from its price of JP¥4,250 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 2.0% over the same period. Announcement • Dec 03
Asanuma Corporation to Report Q3, 2021 Results on Feb 09, 2021 Asanuma Corporation announced that they will report Q3, 2021 results on Feb 09, 2021 Announcement • Jun 29
Asanuma Corporation to Report Q1, 2021 Results on Aug 06, 2020 Asanuma Corporation announced that they will report Q1, 2021 results on Aug 06, 2020