Announcement • Jun 01
Fukuda Corporation to Report Q2, 2026 Results on Aug 06, 2026 Fukuda Corporation announced that they will report Q2, 2026 results on Aug 06, 2026 Reported Earnings • May 09
First quarter 2026 earnings released: EPS: JP¥242 (vs JP¥186 in 1Q 2025) First quarter 2026 results: EPS: JP¥242 (up from JP¥186 in 1Q 2025). Revenue: JP¥41.9b (up 4.0% from 1Q 2025). Net income: JP¥2.01b (up 31% from 1Q 2025). Profit margin: 4.8% (up from 3.8% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • May 08
Fukuda Corporation to Report Q1, 2026 Results on May 08, 2026 Fukuda Corporation announced that they will report Q1, 2026 results on May 08, 2026 Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥670 (vs JP¥642 in FY 2024) Full year 2025 results: EPS: JP¥670 (up from JP¥642 in FY 2024). Revenue: JP¥168.0b (flat on FY 2024). Net income: JP¥5.55b (up 4.5% from FY 2024). Profit margin: 3.3% (up from 3.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Feb 13
Fukuda Corporation, Annual General Meeting, Mar 26, 2026 Fukuda Corporation, Annual General Meeting, Mar 26, 2026. New Risk • Feb 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.8% average weekly change). Announcement • Dec 27
Fukuda Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026 Fukuda Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥250 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%). Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: JP¥229 (vs JP¥180 in 3Q 2024) Third quarter 2025 results: EPS: JP¥229 (up from JP¥180 in 3Q 2024). Revenue: JP¥42.2b (up 3.3% from 3Q 2024). Net income: JP¥1.90b (up 28% from 3Q 2024). Profit margin: 4.5% (up from 3.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Fukuda Corporation to Report Q3, 2025 Results on Nov 07, 2025 Fukuda Corporation announced that they will report Q3, 2025 results on Nov 07, 2025 Announcement • Aug 21
Fukuda Corporation has filed a Follow-on Equity Offering. Fukuda Corporation has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 695,700
Transaction Features: Subsequent Direct Listing Declared Dividend • Aug 09
Dividend of JP¥200 announced Shareholders will receive a dividend of JP¥200. Ex-date: 29th December 2025 Payment date: 30th March 2026 Dividend yield will be 3.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 16% 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. The company's earnings per share (EPS) would need to decline by 66% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.0% EPS decline seen over the last 5 years. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: JP¥123 (vs JP¥69.74 in 2Q 2024) Second quarter 2025 results: EPS: JP¥123 (up from JP¥69.74 in 2Q 2024). Revenue: JP¥37.2b (up 8.6% from 2Q 2024). Net income: JP¥1.02b (up 76% from 2Q 2024). Profit margin: 2.7% (up from 1.7% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 27
Fukuda Corporation to Report Q2, 2025 Results on Aug 07, 2025 Fukuda Corporation announced that they will report Q2, 2025 results on Aug 07, 2025 Reported Earnings • May 10
First quarter 2025 earnings released: EPS: JP¥186 (vs JP¥228 in 1Q 2024) First quarter 2025 results: EPS: JP¥186 (down from JP¥228 in 1Q 2024). Revenue: JP¥40.3b (down 2.8% from 1Q 2024). Net income: JP¥1.54b (down 18% from 1Q 2024). Profit margin: 3.8% (down from 4.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Fukuda Corporation to Report Q1, 2025 Results on May 09, 2025 Fukuda Corporation announced that they will report Q1, 2025 results on May 09, 2025 Reported Earnings • Feb 16
Full year 2024 earnings released: EPS: JP¥642 (vs JP¥400 in FY 2023) Full year 2024 results: EPS: JP¥642 (up from JP¥400 in FY 2023). Revenue: JP¥166.6b (up 2.7% from FY 2023). Net income: JP¥5.31b (up 57% from FY 2023). Profit margin: 3.2% (up from 2.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year. Announcement • Feb 14
Fukuda Corporation, Annual General Meeting, Mar 27, 2025 Fukuda Corporation, Annual General Meeting, Mar 27, 2025. Announcement • Jan 30
Fukuda Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025 Fukuda Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥110 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%). Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: JP¥180 (vs JP¥135 in 3Q 2023) Third quarter 2024 results: EPS: JP¥180 (up from JP¥135 in 3Q 2023). Revenue: JP¥40.9b (down 2.9% from 3Q 2023). Net income: JP¥1.49b (up 31% from 3Q 2023). Profit margin: 3.6% (up from 2.7% in 3Q 2023). The increase in margin was driven by lower expenses. 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 10% per year, which means it is well ahead of earnings. Announcement • Oct 06
Fukuda Corporation to Report Q3, 2024 Results on Nov 08, 2024 Fukuda Corporation announced that they will report Q3, 2024 results on Nov 08, 2024 Declared Dividend • Aug 10
Dividend of JP¥110 announced Dividend of JP¥110 is the same as last year. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 16% 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. The company's earnings per share (EPS) would need to decline by 76% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.5% EPS decline seen over the last 5 years. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to JP¥4,440, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Construction industry in Japan. Negligible returns to shareholders over past three years. Announcement • Jul 04
Fukuda Corporation to Report Q2, 2024 Results on Aug 08, 2024 Fukuda Corporation announced that they will report Q2, 2024 results on Aug 08, 2024 Reported Earnings • May 12
First quarter 2024 earnings released: EPS: JP¥228 (vs JP¥112 in 1Q 2023) First quarter 2024 results: EPS: JP¥228 (up from JP¥112 in 1Q 2023). Revenue: JP¥41.4b (up 15% from 1Q 2023). Net income: JP¥1.88b (up 97% from 1Q 2023). Profit margin: 4.5% (up from 2.7% in 1Q 2023). The increase in margin 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 increased by 4% per year, which means it is well ahead of earnings. Announcement • Mar 14
Fukuda Corporation to Report Q1, 2024 Results on May 10, 2024 Fukuda Corporation announced that they will report Q1, 2024 results on May 10, 2024 Announcement • Feb 17
Fukuda Corporation Announces Dividend for the Year Ended December 31, 2023, Payable on March 28, 2024 Fukuda Corporation announced dividend of JPY 110.00 for the year ended December 31, 2023 against JPY 120.00 per share paid a year ago. The dividend will be paid on March 28, 2024. Announcement • Feb 16
Fukuda Corporation, Annual General Meeting, Mar 27, 2024 Fukuda Corporation, Annual General Meeting, Mar 27, 2024. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: JP¥400 (vs JP¥428 in FY 2022) Full year 2023 results: EPS: JP¥400 (down from JP¥428 in FY 2022). Revenue: JP¥162.2b (up 5.1% from FY 2022). Net income: JP¥3.39b (down 7.2% from FY 2022). Profit margin: 2.1% (down from 2.4% in FY 2022). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is well ahead of earnings. Announcement • Feb 16
Fukuda Corporation Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024 Fukuda Corporation provided consolidated earnings guidance for the year ending December 31, 2024. For the year ending December 31, 2023, the company expects net sales of JPY 166,400 million, operating profit of JPY 5,800 million and profit attributable to owners of parent of JPY 3,900 million or JPY 471.40 per share. Announcement • Jan 09
Fukuda Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024 Fukuda Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥110 per share at 2.2% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.2%). Announcement • Nov 30
Fukuda Corporation (TSE:1899) announces an Equity Buyback for 210,000 shares, representing 2.48% for ¥1,089.9 million. Fukuda Corporation (TSE:1899) announces a share repurchase program. Under the program, the company will repurchase up to 210,000 shares, representing 2.48% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,089.9 million. The shares will be repurchased at a price of ¥5,190 per share. The purpose of the program is to implement flexible capital policies in response to changes in the business environment and to improve capital efficiency. As of October 31, 2023, the company had 8,470,228 issued shares (excluding treasury stock) and had 517,883 treasury shares. Announcement • Nov 15
Fukuda Corporation Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023 Fukuda Corporation provided consolidated earnings guidance for the year ending December 31, 2023. For the year ending December 31, 2023, the company expects net sales of JPY 164,100 million, operating profit of JPY 4,500 million and profit attributable to owners of parent of JPY 3,000 million or JPY 354.18 per share. New Risk • Nov 11
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: 1.5% Last year net profit margin: 2.6% 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 Risk Earnings have declined by 11% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.5% net profit margin). Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: JP¥135 (vs JP¥191 in 3Q 2022) Third quarter 2023 results: EPS: JP¥135 (down from JP¥191 in 3Q 2022). Revenue: JP¥42.1b (up 9.1% from 3Q 2022). Net income: JP¥1.14b (down 30% from 3Q 2022). Profit margin: 2.7% (down from 4.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% 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 • Sep 28
Fukuda Corporation to Report Q3, 2023 Results on Nov 10, 2023 Fukuda Corporation announced that they will report Q3, 2023 results on Nov 10, 2023 Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: JP¥15.58 (vs JP¥48.09 in 2Q 2022) Second quarter 2023 results: EPS: JP¥15.58 (down from JP¥48.09 in 2Q 2022). Revenue: JP¥34.0b (up 5.4% from 2Q 2022). Net income: JP¥132.0m (down 68% from 2Q 2022). Profit margin: 0.4% (down from 1.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% 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. Buying Opportunity • Aug 02
Now 20% undervalued Over the last 90 days, the stock is up 2.1%. The fair value is estimated to be JP¥6,126, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.8% over the last 3 years. Earnings per share has declined by 20%. Announcement • Jun 23
Fukuda Corporation to Report Q2, 2023 Results on Aug 10, 2023 Fukuda Corporation announced that they will report Q2, 2023 results on Aug 10, 2023 Reported Earnings • May 15
First quarter 2023 earnings released: EPS: JP¥112 (vs JP¥175 in 1Q 2022) First quarter 2023 results: EPS: JP¥112 (down from JP¥175 in 1Q 2022). Revenue: JP¥35.9b (down 3.7% from 1Q 2022). Net income: JP¥954.0m (down 36% from 1Q 2022). Profit margin: 2.7% (down from 4.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: JP¥428 (vs JP¥688 in FY 2021) Full year 2022 results: EPS: JP¥428 (down from JP¥688 in FY 2021). Revenue: JP¥154.4b (down 14% from FY 2021). Net income: JP¥3.65b (down 38% from FY 2021). Profit margin: 2.4% (down from 3.3% 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 13% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: JP¥428 (vs JP¥688 in FY 2021) Full year 2022 results: EPS: JP¥428 (down from JP¥688 in FY 2021). Revenue: JP¥154.4b (down 14% from FY 2021). Net income: JP¥3.65b (down 38% from FY 2021). Profit margin: 2.4% (down from 3.3% 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 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Feb 16
Fukuda Corporation, Annual General Meeting, Mar 28, 2023 Fukuda Corporation, Annual General Meeting, Mar 28, 2023. Announcement • Jan 14
Fukuda Corporation to Report Fiscal Year 2022 Results on Feb 14, 2023 Fukuda Corporation announced that they will report fiscal year 2022 results on Feb 14, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥120 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 30 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.7%). Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: JP¥191 (vs JP¥178 in 3Q 2021) Third quarter 2022 results: EPS: JP¥191 (up from JP¥178 in 3Q 2021). Revenue: JP¥38.6b (down 12% from 3Q 2021). Net income: JP¥1.63b (up 7.5% from 3Q 2021). Profit margin: 4.2% (up from 3.4% in 3Q 2021). The increase in margin was driven by lower expenses. 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 1% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Executive Officer, GM of Administration Dept, Internal Control, IR & Development Bus. and Director Katsuhiko Iwasaki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: JP¥191 (vs JP¥178 in 3Q 2021) Third quarter 2022 results: EPS: JP¥191 (up from JP¥178 in 3Q 2021). Revenue: JP¥38.6b (down 12% from 3Q 2021). Net income: JP¥1.63b (up 7.5% from 3Q 2021). Profit margin: 4.2% (up from 3.4% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: JP¥48.09 (vs JP¥136 in 2Q 2021) Second quarter 2022 results: EPS: JP¥48.09 (down from JP¥136 in 2Q 2021). Revenue: JP¥32.2b (down 19% from 2Q 2021). Net income: JP¥410.0m (down 65% from 2Q 2021). Profit margin: 1.3% (down from 2.9% 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 11% per year, which means it is well ahead of earnings. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: JP¥175 (vs JP¥305 in 1Q 2021) First quarter 2022 results: EPS: JP¥175 (down from JP¥305 in 1Q 2021). Revenue: JP¥37.3b (down 20% from 1Q 2021). Net income: JP¥1.49b (down 43% from 1Q 2021). Profit margin: 4.0% (down from 5.6% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Executive Officer, GM of Administration Dept, Internal Control, IR & Development Bus. and Director Katsuhiko Iwasaki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥688 (down from JP¥690 in FY 2020). Revenue: JP¥179.8b (down 3.2% from FY 2020). Net income: JP¥5.86b (down 1.9% from FY 2020). Profit margin: 3.3% (up from 3.2% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥110 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.3%). Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS JP¥178 (vs JP¥209 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥44.0b (down 4.3% from 3Q 2020). Net income: JP¥1.52b (down 15% from 3Q 2020). Profit margin: 3.4% (down from 3.9% in 3Q 2020). The decrease in margin was driven by lower revenue. 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 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS JP¥136 (vs JP¥110 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥39.6b (up 3.4% from 2Q 2020). Net income: JP¥1.16b (up 20% from 2Q 2020). Profit margin: 2.9% (up from 2.5% in 2Q 2020). The increase in margin was driven by higher revenue. 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 6% per year, which means it is significantly lagging earnings.