Buy Or Sell Opportunity • May 25
Now 20% overvalued Over the last 90 days, the stock has fallen 6.2% to JP¥14,430. The fair value is estimated to be JP¥12,013, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 9.3% per annum over the same time period. Reported Earnings • May 17
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥636 (up from JP¥386 in FY 2025). Revenue: JP¥277.7b (up 17% from FY 2025). Net income: JP¥18.8b (up 65% from FY 2025). Profit margin: 6.8% (up from 4.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electrical 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 increased by 101% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
SWCC Corporation, Annual General Meeting, Jun 25, 2026 SWCC Corporation, Annual General Meeting, Jun 25, 2026. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥18,360, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 20x in the Electrical industry in Japan. Total returns to shareholders of 948% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥12,051 per share. Buy Or Sell Opportunity • Apr 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 37% to JP¥15,690. The fair value is estimated to be JP¥12,984, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Announcement • Apr 08
SWCC Corporation to Report Fiscal Year 2026 Results on May 14, 2026 SWCC Corporation announced that they will report fiscal year 2026 results at 2:00 PM, Tokyo Standard Time on May 14, 2026 New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥110 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥17,210, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 19x in the Electrical industry in Japan. Total returns to shareholders of 879% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥11,275 per share. Price Target Changed • Feb 21
Price target increased by 12% to JP¥12,986 Up from JP¥11,550, the current price target is an average from 5 analysts. New target price is 9.3% below last closing price of JP¥14,310. Stock is up 131% over the past year. The company is forecast to post earnings per share of JP¥567 for next year compared to JP¥386 last year. Reported Earnings • Feb 10
Third quarter 2026 earnings: EPS and revenues exceed analyst expectations Third quarter 2026 results: EPS: JP¥184 (up from JP¥141 in 3Q 2025). Revenue: JP¥73.2b (up 20% from 3Q 2025). Net income: JP¥5.45b (up 31% from 3Q 2025). Profit margin: 7.4% (up from 6.9% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 20%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electrical 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 increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 09
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 67% to JP¥13,310. The fair value is estimated to be JP¥10,865, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥13,310, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Electrical industry in Japan. Total returns to shareholders of 693% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥10,865 per share. Announcement • Dec 28
SWCC Corporation to Report Q3, 2026 Results on Feb 09, 2026 SWCC Corporation announced that they will report Q3, 2026 results at 2:00 PM, Tokyo Standard Time on Feb 09, 2026 Declared Dividend • Dec 06
First half dividend of JP¥110 announced Shareholders will receive a dividend of JP¥110. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 34% 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 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Nov 29
Price target increased by 7.9% to JP¥10,275 Up from JP¥9,525, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥10,660. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥547 for next year compared to JP¥386 last year. Announcement • Nov 28
SWCC Corporation (TSE:5805) agreed to acquire remaining 20% stake in Showa Furukawa Cable Co., Ltd. from Furukawa Electric Co., Ltd. (TSE:5801). SWCC Corporation (TSE:5805) agreed to acquire remaining 20% stake in Showa Furukawa Cable Co., Ltd. from Furukawa Electric Co., Ltd. (TSE:5801) on November 27, 2025. Upon completion, SWCC Corporation will own 100% stake in Showa Furukawa Cable Co., Ltd.
As of March 31, 2025, Showa Furukawa Cable Co., Ltd. reported total assets of ¥25.44 billion and total common equity of ¥7.02 billion.
The expected completion of the transaction is March 31, 2026. Reported Earnings • Nov 15
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: JP¥145 (up from JP¥21.99 in 2Q 2025). Revenue: JP¥66.7b (up 10% from 2Q 2025). Net income: JP¥4.28b (up JP¥3.63b from 2Q 2025). Profit margin: 6.4% (up from 1.1% in 2Q 2025). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks High level of debt (46% net debt to equity). Dividend is not well covered by cash flows (96% cash payout ratio). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥9,450, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Electrical industry in Japan. Total returns to shareholders of 540% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,129 per share. Buy Or Sell Opportunity • Oct 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥7,070. The fair value is estimated to be JP¥9,073, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 5.4%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Buy Or Sell Opportunity • Oct 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.0% to JP¥7,540. The fair value is estimated to be JP¥9,543, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 5.4%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 35% and the cash payout ratio is 96%. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Announcement • Sep 02
SWCC Corporation to Report Q2, 2026 Results on Nov 12, 2025 SWCC Corporation announced that they will report Q2, 2026 results on Nov 12, 2025 Board Change • Aug 09
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, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Takashi Mukuno was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Declared Dividend • Jul 09
Final dividend of JP¥80.00 announced Shareholders will receive a dividend of JP¥80.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 34% 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 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 29
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥386 (up from JP¥297 in FY 2024). Revenue: JP¥237.9b (up 11% from FY 2024). Net income: JP¥11.4b (up 29% from FY 2024). Profit margin: 4.8% (up from 4.1% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.0%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 13
SWCC Corporation to Report Q1, 2026 Results on Aug 08, 2025 SWCC Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 15
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥386 (up from JP¥297 in FY 2024). Revenue: JP¥237.9b (up 11% from FY 2024). Net income: JP¥11.4b (up 29% from FY 2024). Profit margin: 4.8% (up from 4.1% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.0%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • May 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to JP¥6,460. The fair value is estimated to be JP¥8,204, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥5,100, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Electrical industry in Japan. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,230 per share. Buy Or Sell Opportunity • Mar 31
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to JP¥6,190. The fair value is estimated to be JP¥8,070, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Announcement • Mar 29
SWCC Corporation (TSE:5805) and Development Bank of Japan Inc. Completed the acquisition of TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG). SWCC Corporation (TSE:5805) and Development Bank of Japan Inc. agreed to acquire TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG) on February 21, 2025. A cash consideration of ¥14.4 billion will be paid by SWCC Corporation. As part of consideration, ¥14.4 billion is paid towards common equity of TOTOKU ELECTRIC CO., LTD. The expected completion of the transaction is March 31, 2025.
SWCC Corporation (TSE:5805) and Development Bank of Japan Inc. Completed the acquisition of TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG) on March 27, 2025. Nishimura & Asahi acted as Legal advisor to The Carlyle Group Inc. (NasdaqGS:CG). Announcement • Mar 26
SWCC Corporation to Report Fiscal Year 2025 Results on May 13, 2025 SWCC Corporation announced that they will report fiscal year 2025 results on May 13, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 30% and the cash payout ratio is 96%. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.9%). Major Estimate Revision • Feb 28
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥438 to JP¥386 per share. Revenue forecast steady at JP¥237.0b. Net income forecast to grow 46% next year vs 2.3% growth forecast for Electrical industry in Japan. Consensus price target of JP¥8,975 unchanged from last update. Share price fell 2.4% to JP¥6,040 over the past week. Announcement • Feb 22
SWCC Corporation (TSE:5805) agreed to acquire 51% stake in TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG) for ¥14.4 billion. SWCC Corporation (TSE:5805) agreed to acquire 51% stake in TOTOKU ELECTRIC CO., LTD. from The Carlyle Group Inc. (NasdaqGS:CG) for ¥14.4 billion on February 21, 2025. A cash consideration of ¥14.4 billion will be paid by SWCC Corporation. As part of consideration, ¥14.4 billion is paid towards common equity of TOTOKU ELECTRIC CO., LTD. In related transaction Development Bank of Japan entered into signed a shareholders agreement to acquire 49% stake in TOTOKU ELECTRIC CO., LTD.
The expected completion of the transaction is March 31, 2025. New Risk • Feb 19
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 96% Dividend yield: 1.8% 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. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Reported Earnings • Feb 08
Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2025 results: EPS: JP¥141 (up from JP¥102 in 3Q 2024). Revenue: JP¥60.9b (up 1.3% from 3Q 2024). Net income: JP¥4.17b (up 37% from 3Q 2024). Profit margin: 6.9% (up from 5.1% in 3Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Electrical 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 55% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥8,100, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 401% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,073 per share. Announcement • Jan 03
SWCC Corporation to Report Q3, 2025 Results on Feb 07, 2025 SWCC Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Dec 04
First half dividend of JP¥70.00 announced Shareholders will receive a dividend of JP¥70.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 27% 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 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • Nov 29
Consensus EPS estimates increase by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥235.9b to JP¥239.3b. EPS estimate increased from JP¥375 to JP¥434 per share. Net income forecast to grow 53% next year vs 2.0% growth forecast for Electrical industry in Japan. Consensus price target up from JP¥6,525 to JP¥8,300. Share price fell 3.2% to JP¥7,530 over the past week. Price Target Changed • Nov 29
Price target increased by 16% to JP¥7,550 Up from JP¥6,525, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥7,560. Stock is up 184% over the past year. The company is forecast to post earnings per share of JP¥409 for next year compared to JP¥297 last year. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: JP¥21.99 (vs JP¥70.56 in 2Q 2024) Second quarter 2025 results: EPS: JP¥21.99 (down from JP¥70.56 in 2Q 2024). Revenue: JP¥60.4b (up 21% from 2Q 2024). Net income: JP¥650.0m (down 69% from 2Q 2024). Profit margin: 1.1% (down from 4.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥6,900, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 292% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,369 per share. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.0%). Announcement • Sep 19
SWCC Corporation to Report Q2, 2025 Results on Nov 12, 2024 SWCC Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 Buy Or Sell Opportunity • Sep 06
Now 22% undervalued Over the last 90 days, the stock has risen 7.8% to JP¥4,850. The fair value is estimated to be JP¥6,210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥5,460, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 149% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,174 per share. Buy Or Sell Opportunity • Aug 19
Now 21% undervalued Over the last 90 days, the stock has risen 8.2% to JP¥4,955. The fair value is estimated to be JP¥6,263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 5.1% per annum over the same time period. Major Estimate Revision • Aug 16
Consensus EPS estimates increase by 10% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥335 to JP¥369. Revenue forecast steady at JP¥233.3b. Net income forecast to grow 4.8% next year vs 1.3% growth forecast for Electrical industry in Japan. Consensus price target up from JP¥5,033 to JP¥5,933. Share price rose 23% to JP¥5,030 over the past week. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥99.17 (vs JP¥39.48 in 1Q 2024) First quarter 2025 results: EPS: JP¥99.17 (up from JP¥39.48 in 1Q 2024). Revenue: JP¥56.9b (up 18% from 1Q 2024). Net income: JP¥2.93b (up 148% from 1Q 2024). Profit margin: 5.1% (up from 2.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electrical industry in Japan. 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 32% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥3,500, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,790 per share. Announcement • Jun 26
SWCC Corporation to Report Q1, 2025 Results on Aug 09, 2024 SWCC Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Buy Or Sell Opportunity • May 30
Now 20% undervalued Over the last 90 days, the stock has risen 38% to JP¥4,685. The fair value is estimated to be JP¥5,870, 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 15%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 5.6% per annum over the same time period. Reported Earnings • May 16
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥297 (down from JP¥315 in FY 2023). Revenue: JP¥213.9b (up 2.3% from FY 2023). Net income: JP¥8.84b (down 6.1% from FY 2023). Profit margin: 4.1% (down from 4.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. 
