Announcement • 22h
Shinwa Co., Ltd., Annual General Meeting, Jun 26, 2026 Shinwa Co., Ltd., Annual General Meeting, Jun 26, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥58.78 (vs JP¥24.23 in 3Q 2025) Third quarter 2026 results: EPS: JP¥58.78 (up from JP¥24.23 in 3Q 2025). Revenue: JP¥5.50b (up 28% from 3Q 2025). Net income: JP¥797.0m (up 137% from 3Q 2025). Profit margin: 14% (up from 7.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Declared Dividend • Dec 03
First half dividend of JP¥18.00 announced Shareholders will receive a dividend of JP¥18.00. Ex-date: 30th March 2026 Payment date: 10th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (17% earnings payout ratio) but not covered by cash flows (136% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥32.32 (vs JP¥19.05 in 2Q 2025) Second quarter 2026 results: EPS: JP¥32.32 (up from JP¥19.05 in 2Q 2025). Revenue: JP¥5.38b (up 19% from 2Q 2025). Net income: JP¥438.0m (up 65% from 2Q 2025). Profit margin: 8.1% (up from 5.9% 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 1% per year whereas the company’s share price has increased by 3% per year. Announcement • Oct 08
Shinwa Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Shinwa Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 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 39% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Board Change • Sep 19
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. 4 non-independent directors. Independent Outside Director Serizawa Hiroshi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 30
Shinwa Co., Ltd. (TSE:3447) agreed to acquire Kaizu Kensetsu K.K. Shinwa Co., Ltd. (TSE:3447) agreed to acquire Kaizu Kensetsu K.K. on August 29, 2025. Shinwa Co., Ltd is acquiring 64,000 shares in Kaizu Kensetsu.
For the period ending June 29, 2025, Kaizu Kensetsu K.K. reported total revenue of ¥2.33 billion, EBIT of ¥48 million and net income of ¥83 million. As of June 29, 2025, Kaizu Kensetsu K.K. reported total assets of ¥4.1 billion and total common equity of ¥2.03 billion.
The expected completion of the transaction is October 1, 2025. Reported Earnings • Aug 05
First quarter 2026 earnings released: EPS: JP¥32.02 (vs JP¥19.10 in 1Q 2025) First quarter 2026 results: EPS: JP¥32.02 (up from JP¥19.10 in 1Q 2025). Revenue: JP¥4.52b (up 5.9% from 1Q 2025). Net income: JP¥441.0m (up 66% from 1Q 2025). Profit margin: 9.8% (up from 6.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Declared Dividend • Jul 09
Final dividend of JP¥16.00 announced Dividend of JP¥16.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 4.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (53% 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 decreased over the past 76 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 41% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.2% EPS decline seen over the last 5 years. Reported Earnings • Jun 29
Full year 2025 earnings released: EPS: JP¥70.17 (vs JP¥29.41 in FY 2024) Full year 2025 results: EPS: JP¥70.17 (up from JP¥29.41 in FY 2024). Revenue: JP¥17.5b (up 38% from FY 2024). Net income: JP¥975.0m (up 138% from FY 2024). Profit margin: 5.6% (up from 3.2% in FY 2024). 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 only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • May 31
Shinwa Co., Ltd. to Report Q1, 2026 Results on Aug 13, 2025 Shinwa Co., Ltd. announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥70.17 (vs JP¥29.41 in FY 2024) Full year 2025 results: EPS: JP¥70.17 (up from JP¥29.41 in FY 2024). Revenue: JP¥17.5b (up 38% from FY 2024). Net income: JP¥975.0m (up 138% from FY 2024). Profit margin: 5.6% (up from 3.2% in FY 2024). 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 only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • May 14
Shinwa Co., Ltd., Annual General Meeting, Jun 25, 2025 Shinwa Co., Ltd., Annual General Meeting, Jun 25, 2025. Announcement • Mar 26
Shinwa Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Shinwa Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 10 June 2025. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥24.23 (vs JP¥7.12 in 3Q 2024) Third quarter 2025 results: EPS: JP¥24.23 (up from JP¥7.12 in 3Q 2024). Revenue: JP¥4.30b (up 41% from 3Q 2024). Net income: JP¥337.0m (up 240% from 3Q 2024). Profit margin: 7.8% (up from 3.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jan 03
Shinwa Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Shinwa Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Declared Dividend • Dec 04
First half dividend of JP¥16.00 announced Dividend of JP¥16.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 10th June 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (37% 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 decreased over the past 76 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 59% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years. New Risk • Nov 26
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings have declined by 18% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥10.5b market cap, or US$68.0m). Announcement • Sep 27
Shinwa Co., Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Shinwa Co., Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: JP¥19.14 (vs JP¥7.91 in 1Q 2024) First quarter 2025 results: EPS: JP¥19.14 (up from JP¥7.91 in 1Q 2024). Revenue: JP¥4.04b (up 39% from 1Q 2024). Net income: JP¥265.0m (up 141% from 1Q 2024). Profit margin: 6.6% (up from 3.8% in 1Q 2024). The increase in margin was driven by higher revenue. 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 2% per year, which means it is well ahead of earnings. Declared Dividend • Jul 11
Final dividend of JP¥16.00 announced Shareholders will receive a dividend of JP¥16.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 4.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio). However, it is well covered by cash flows (33% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 21% over the last 5 years so the company would need to reverse this trend. Announcement • Jul 03
Shinwa Co., Ltd. Provides Earnings Guidance for the Fiscal Years Ending March 31, 2027 and March 31, 2029 Shinwa Co., Ltd. provided earnings guidance for the fiscal years ending March 31, 2027 and March 31, 2029. For the fiscal year ending March 31, 2027, the company expects revenue of JPY 17,500 million, operating profit of JPY 1,900 million and EPS of JPY 90.51.For the fiscal year ending March 31, 2029, the company expects revenue of JPY 20,000 million, operating profit of JPY 2,400 million and EPS of JPY 114.57. Announcement • May 24
Shinwa Co., Ltd. Provides Consolidated Earnings Forecast for the First Half and Full Year of Fiscal Year Ending March 31, 2025 Shinwa Co., Ltd. provided consolidated earnings forecast for the first half and full year of fiscal year ending March 31, 2025. For the first half of fiscal 2025, the company expects Revenue of JPY 6,647 million, operating profit of JPY 495 million, Profit of JPY 296 million and Basic earnings per share of JPY 21.29.For the full year ending March 31, 2025, the company expects Revenue of JPY 16,000 million, operating profit of JPY 1,600 million, Profit of JPY 1,000 million and Basic earnings per share of JPY 71.91. Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥29.41 (vs JP¥72.43 in FY 2023) Full year 2024 results: EPS: JP¥29.41 (down from JP¥72.43 in FY 2023). Revenue: JP¥12.7b (down 14% from FY 2023). Net income: JP¥409.0m (down 59% from FY 2023). Profit margin: 3.2% (down from 6.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% 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. Announcement • May 12
Shinwa Co., Ltd., Annual General Meeting, Jun 26, 2024 Shinwa Co., Ltd., Annual General Meeting, Jun 26, 2024. Announcement • Mar 28
Shinwa Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Shinwa Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Announcement • Feb 28
Shinwa Co., Ltd. Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2024 Shinwa Co., Ltd. provided year-end dividend guidance for the fiscal year ending March 31, 2024. For the period, the company expects to pay year-end dividend of JPY 16.00 per share compared to JPY 32.00 per share paid a year ago. Reported Earnings • Feb 19
Third quarter 2024 earnings released: EPS: JP¥7.12 (vs JP¥13.52 in 3Q 2023) Third quarter 2024 results: EPS: JP¥7.12 (down from JP¥13.52 in 3Q 2023). Revenue: JP¥3.05b (down 5.2% from 3Q 2023). Net income: JP¥99.0m (down 47% from 3Q 2023). Profit margin: 3.2% (down from 5.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% 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 • Jan 11
Shinwa Co., Ltd. to Report Q3, 2024 Results on Feb 14, 2024 Shinwa Co., Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥16.47 (vs JP¥27.48 in 2Q 2023) Second quarter 2024 results: EPS: JP¥16.47 (down from JP¥27.48 in 2Q 2023). Revenue: JP¥3.72b (down 18% from 2Q 2023). Net income: JP¥229.0m (down 40% from 2Q 2023). Profit margin: 6.2% (down from 8.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Aug 30
Shinwa Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Shinwa Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Aug 14
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: 5.7% Last year net profit margin: 9.1% 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 4.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (JP¥10.8b market cap, or US$74.6m). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥7.91 (vs JP¥25.98 in 1Q 2023) First quarter 2024 results: EPS: JP¥7.91 (down from JP¥25.98 in 1Q 2023). Revenue: JP¥2.91b (down 34% from 1Q 2023). Net income: JP¥110.0m (down 70% from 1Q 2023). Profit margin: 3.8% (down from 8.3% in 1Q 2023). The decrease in margin was driven by lower revenue. 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 4% per year, which means it is well ahead of earnings. Announcement • Jun 28
Shinwa Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Shinwa Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥72.43 (vs JP¥105 in FY 2022) Full year 2023 results: EPS: JP¥72.43 (down from JP¥105 in FY 2022). Revenue: JP¥14.8b (down 8.1% from FY 2022). Net income: JP¥1.01b (down 31% from FY 2022). Profit margin: 6.8% (down from 9.0% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year. Announcement • May 14
Shinwa Co., Ltd., Annual General Meeting, Jun 23, 2023 Shinwa Co., Ltd., Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥32.00 per share at 5.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 5.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: JP¥13.53 (vs JP¥32.43 in 3Q 2022) Third quarter 2023 results: EPS: JP¥13.53 (down from JP¥32.43 in 3Q 2022). Revenue: JP¥3.22b (down 27% from 3Q 2022). Net income: JP¥188.2m (down 58% from 3Q 2022). Profit margin: 5.8% (down from 10% in 3Q 2022). 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 fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Dec 22
Shinwa Co., Ltd. to Report Q3, 2023 Results on Feb 14, 2023 Shinwa Co., Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥27.48 (vs JP¥38.77 in 2Q 2022) Second quarter 2023 results: EPS: JP¥27.48 (down from JP¥38.77 in 2Q 2022). Revenue: JP¥4.54b (up 4.5% from 2Q 2022). Net income: JP¥382.1m (down 28% from 2Q 2022). Profit margin: 8.4% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥27.55 (vs JP¥38.77 in 2Q 2022) Second quarter 2023 results: EPS: JP¥27.55 (down from JP¥38.77 in 2Q 2022). Revenue: JP¥4.54b (up 4.5% from 2Q 2022). Net income: JP¥383.0m (down 28% from 2Q 2022). Profit margin: 8.4% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Aug 31
Shinwa Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Shinwa Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Announcement • Aug 12
Shinwa Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2023 Shinwa Co., Ltd. provided consolidated earnings guidance for the first half and full year of Fiscal Year Ending March 31, 2023. For the first half, the company expects revenue to be JPY 8,600 million, operating profit to be JPY 1,090 million, profit to be JPY 730 million and basic earnings per share to be JPY 52.53.For the year, the company expects revenue to be JPY 17,000 million, operating profit to be JPY 2,200 million, profit to be JPY 1,465 million and basic earnings per share to be JPY 105.43. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥25.98 (vs JP¥22.47 in 1Q 2022) First quarter 2023 results: EPS: JP¥25.98 (up from JP¥22.47 in 1Q 2022). Revenue: JP¥4.37b (up 13% from 1Q 2022). Net income: JP¥361.0m (up 15% from 1Q 2022). Profit margin: 8.3% (up from 8.1% in 1Q 2022). 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 but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Shinwa Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Shinwa Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥105 (vs JP¥87.37 in FY 2021) Full year 2022 results: EPS: JP¥105 (up from JP¥87.37 in FY 2021). Revenue: JP¥16.1b (up 16% from FY 2021). Net income: JP¥1.45b (up 18% from FY 2021). Profit margin: 9.0% (up from 8.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 07
Shinwa Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Shinwa Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥32.43 (down from JP¥36.91 in 3Q 2021). Revenue: JP¥4.40b (up 1.9% from 3Q 2021). Net income: JP¥445.0m (down 14% from 3Q 2021). Profit margin: 10% (down from 12% 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 increased by 1% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥38.84 (vs JP¥25.69 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.35b (up 20% from 2Q 2021). Net income: JP¥533.0m (up 47% from 2Q 2021). Profit margin: 12% (up from 10.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥22.50 (vs JP¥8.59 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥3.88b (up 41% from 1Q 2021). Net income: JP¥313.4m (up 159% from 1Q 2021). Profit margin: 8.1% (up from 4.4% in 1Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥87.37 (vs JP¥105 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: JP¥13.9b (down 19% from FY 2020). Net income: JP¥1.23b (down 16% from FY 2020). Profit margin: 8.9% (up from 8.6% 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 6% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 11 June 2021. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Feb 14
Shinwa Co., Ltd Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2021 Shinwa Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2021. For the full year, the company expected revenue of JPY 13,900 million compared with previous guidance of JPY 12,900 million a year ago. Operating profit of JPY 1,741 million compared with previous guidance of JPY 1,550 million a year ago. Profit attributable to owners of parent of JPY 1,150 million compared with previous guidance of JPY 1,000 million a year ago. Basic earnings per share of JPY 81.62 compared with previous guidance of JPY 70.98 a year ago. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥36.91 (vs JP¥29.02 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¥4.32b (flat on 3Q 2020). Net income: JP¥520.0m (up 28% from 3Q 2020). Profit margin: 12% (up from 9.4% in 3Q 2020). Is New 90 Day High Low • Feb 10
New 90-day high: JP¥726 The company is up 1.0% from its price of JP¥721 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 14% over the same period. Announcement • Jan 07
Shinwa Co., Ltd. to Report Q3, 2021 Results on Feb 12, 2021 Shinwa Co., Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 28
New 90-day low: JP¥673 The company is down 7.0% from its price of JP¥723 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 13% over the same period. Announcement • Nov 09
Shinwa Co., Ltd. Revises Earnings Guidance for the Six Months Ending September 30, 2020 and Year Ending March 3, 2021 Shinwa Co., Ltd. revised earnings guidance for the six months ending September 30, 2020 and year ending March 3, 2021. For the six months, the company expects revenue of JPY 6,381 million, operating profit of JPY 745 million and profit attributable to owners of parent of JPY 483 million or JPY 34.28 per basic share compared to previous forecast of revenue of JPY 6,130 million, operating profit of JPY 367 million and profit attributable to owners of parent of JPY 215 million or JPY 15.26 per basic share, respectively.
For the year ending March 31, 2021, the company expects revenue of JPY 13,900 million, operating profit of JPY 1,550 million and profit attributable to owners of parent of JPY 1,000 million or JPY 70.98 per basic share compared to previous forecast of revenue of JPY 13,900 million, operating profit of JPY 1,230 million and profit attributable to owners of parent of JPY 797 million or JPY 56.57 per basic share, respectively. Announcement • Jul 05
Shinwa Co., Ltd. to Report Q1, 2021 Results on Aug 07, 2020 Shinwa Co., Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020