Announcement • Jun 04
Okamoto Machine Tool Works, Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Okamoto Machine Tool Works, Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥5,280, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 6.8% over the past three years. New Risk • May 15
New major risk - Revenue and earnings growth Earnings have declined by 3.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% 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 (7.7% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Reported Earnings • May 15
Full year 2026 earnings released: EPS: JP¥187 (vs JP¥327 in FY 2025) Full year 2026 results: EPS: JP¥187 (down from JP¥327 in FY 2025). Revenue: JP¥42.5b (down 2.8% from FY 2025). Net income: JP¥1.23b (down 39% from FY 2025). Profit margin: 2.9% (down from 4.6% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • May 13
Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 26, 2026 Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 26, 2026. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥5,130, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 15x in the Machinery industry in Japan. Total returns to shareholders of 8.5% over the past three years. Announcement • May 10
Okamoto Machine Tool Works, Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Okamoto Machine Tool Works, Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥4,340, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 15x in the Machinery industry in Japan. Total loss to shareholders of 1.4% over the past three years. New Risk • Feb 12
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 6.5% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.8% net profit margin). Reported Earnings • Feb 11
Third quarter 2026 earnings released: JP¥20.87 loss per share (vs JP¥62.39 profit in 3Q 2025) Third quarter 2026 results: JP¥20.87 loss per share (down from JP¥62.39 profit in 3Q 2025). Revenue: JP¥9.26b (down 7.9% from 3Q 2025). Net loss: JP¥138.0m (down 134% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. New Risk • Feb 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: 3.8% Last year net profit margin: 6.0% 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: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.8% net profit margin). Announcement • Dec 09
Okamoto Machine Tool Works, Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Okamoto Machine Tool Works, Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 New Risk • Dec 08
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 5.5% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥66.86 (vs JP¥109 in 2Q 2025) Second quarter 2026 results: EPS: JP¥66.86 (down from JP¥109 in 2Q 2025). Revenue: JP¥11.3b (down 8.1% from 2Q 2025). Net income: JP¥442.0m (down 37% from 2Q 2025). Profit margin: 3.9% (down from 5.7% in 2Q 2025). The decrease in margin was driven by lower 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 3% per year, which means it has not declined as severely as earnings. 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: 08 December 2025. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Announcement • Aug 27
Okamoto Machine Tool Works, Ltd. to Report Q2, 2026 Results on Nov 12, 2025 Okamoto Machine Tool Works, Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥2.42 (vs JP¥75.48 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥2.42 (up from JP¥75.48 loss in 1Q 2025). Revenue: JP¥8.80b (up 14% from 1Q 2025). Net income: JP¥16.0m (up JP¥408.0m from 1Q 2025). Profit margin: 0.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥4,735, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 40% over the past three years. Announcement • Jun 18
Okamoto Machine Tool Works, Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Okamoto Machine Tool Works, Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 New Risk • Jun 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 7.2% 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 Risks High level of non-cash earnings (26% accrual ratio). Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (4.6% net profit margin). New Risk • May 15
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: 4.6% 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 Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.6% net profit margin). Reported Earnings • May 15
Full year 2025 earnings released: EPS: JP¥327 (vs JP¥970 in FY 2024) Full year 2025 results: EPS: JP¥327 (down from JP¥970 in FY 2024). Revenue: JP¥43.7b (down 13% from FY 2024). Net income: JP¥2.02b (down 56% from FY 2024). Profit margin: 4.6% (down from 9.1% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • May 13
Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 27, 2025 Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 27, 2025. Buy Or Sell Opportunity • Apr 08
Now 21% overvalued Over the last 90 days, the stock has fallen 21% to JP¥3,150. The fair value is estimated to be JP¥2,598, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has declined by 5.4%. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥2,906, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 11x in the Machinery industry in Japan. Total loss to shareholders of 21% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 38% 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%). Announcement • Mar 19
Okamoto Machine Tool Works, Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Okamoto Machine Tool Works, Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥62.39 (vs JP¥150 in 3Q 2024) Third quarter 2025 results: EPS: JP¥62.39 (down from JP¥150 in 3Q 2024). Revenue: JP¥10.1b (down 3.2% from 3Q 2024). Net income: JP¥409.0m (down 42% from 3Q 2024). Profit margin: 4.1% (down from 6.8% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (20% accrual ratio). Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Jan 03
Okamoto Machine Tool Works, Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Okamoto Machine Tool Works, Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥109 (vs JP¥195 in 2Q 2024) Second quarter 2025 results: EPS: JP¥109 (down from JP¥195 in 2Q 2024). Revenue: JP¥12.3b (down 1.8% from 2Q 2024). Net income: JP¥704.0m (down 23% from 2Q 2024). Profit margin: 5.7% (down from 7.3% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Nov 12
Okamoto Machine Tool Works, Ltd. (TSE:6125) announces an Equity Buyback for 85,000 shares, representing 1.27% for ¥300 million. Okamoto Machine Tool Works, Ltd. (TSE:6125) announces a share repurchase program. Under the program, the company will repurchase up to 85,000 shares, representing 1.27% of its issued share capital, for ¥300 million. The purpose of the program is to enhance returns to shareholders and improve capital efficiency. The program is valid till March 31, 2025. As of September 30, 2024, the company had 6,682,426 outstanding shares (excluding treasury stock) and 21,369 treasury shares. Announcement • Sep 20
Okamoto Machine Tool Works, Ltd. to Report Q2, 2025 Results on Nov 12, 2024 Okamoto Machine Tool Works, Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (42% increase in shares outstanding). Buy Or Sell Opportunity • Aug 06
Now 26% overvalued Over the last 90 days, the stock has fallen 42% to JP¥3,495. The fair value is estimated to be JP¥2,764, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 23%. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥3,130, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 11x in the Machinery industry in Japan. Total loss to shareholders of 42% over the past three years. New Risk • Jun 26
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 5.4% 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 High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change). Shareholders have been diluted in the past year (42% increase in shares outstanding). Announcement • Jun 21
Okamoto Machine Tool Works, Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Okamoto Machine Tool Works, Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 New Risk • Jun 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 42% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (42% increase in shares outstanding). Reported Earnings • May 18
Full year 2024 earnings released: EPS: JP¥970 (vs JP¥870 in FY 2023) Full year 2024 results: EPS: JP¥970 (up from JP¥870 in FY 2023). Revenue: JP¥50.2b (up 10% from FY 2023). Net income: JP¥4.56b (up 13% from FY 2023). Profit margin: 9.1% (up from 8.9% 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 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥4,955, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 28% over the past three years. Announcement • May 16
Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 27, 2024 Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 27
Okamoto Machine Tool Works, Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Okamoto Machine Tool Works, Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥100.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥150 (vs JP¥194 in 3Q 2023) Third quarter 2024 results: EPS: JP¥150 (down from JP¥194 in 3Q 2023). Revenue: JP¥10.4b (down 4.2% from 3Q 2023). Net income: JP¥705.0m (down 22% from 3Q 2023). Profit margin: 6.8% (down from 8.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 24% per year. Announcement • Dec 28
Okamoto Machine Tool Works, Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Okamoto Machine Tool Works, Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥195 (vs JP¥227 in 2Q 2023) Second quarter 2024 results: EPS: JP¥195 (down from JP¥227 in 2Q 2023). Revenue: JP¥12.6b (up 1.9% from 2Q 2023). Net income: JP¥914.0m (down 12% from 2Q 2023). Profit margin: 7.3% (down from 8.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 33% per year. New Risk • Nov 11
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 5.6% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Upcoming Dividend • Sep 21
Upcoming dividend of JP¥100.00 per share at 3.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Announcement • Sep 13
Okamoto Machine Tool Works, Ltd. to Report Q2, 2024 Results on Nov 09, 2023 Okamoto Machine Tool Works, Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥201 (vs JP¥183 in 1Q 2023) First quarter 2024 results: EPS: JP¥201 (up from JP¥183 in 1Q 2023). Revenue: JP¥12.1b (up 20% from 1Q 2023). Net income: JP¥946.0m (up 13% from 1Q 2023). Profit margin: 7.8% (down from 8.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Announcement • Jun 21
Okamoto Machine Tool Works, Ltd. to Report Q1, 2024 Results on Aug 09, 2023 Okamoto Machine Tool Works, Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 17
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥870 (up from JP¥689 in FY 2022). Revenue: JP¥45.5b (up 21% from FY 2022). Net income: JP¥4.03b (up 39% from FY 2022). Profit margin: 8.9% (up from 7.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 36% per year. Announcement • May 14
Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 29, 2023 Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥100.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 9.6% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥194 (vs JP¥156 in 3Q 2022) Third quarter 2023 results: EPS: JP¥194 (up from JP¥156 in 3Q 2022). Revenue: JP¥10.8b (up 18% from 3Q 2022). Net income: JP¥905.0m (up 35% from 3Q 2022). Profit margin: 8.3% (up from 7.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Dec 21
Okamoto Machine Tool Works, Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Okamoto Machine Tool Works, Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. No independent directors (5 non-independent directors). External Director Kenji Yamashita was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: JP¥227 (vs JP¥239 in 2Q 2022) Second quarter 2023 results: EPS: JP¥227. Revenue: JP¥12.3b (up 33% from 2Q 2022). Net income: JP¥1.04b (up 8.9% from 2Q 2022). Profit margin: 8.5% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Japan. Announcement • Sep 22
Okamoto Machine Tool Works, Ltd. to Report Q2, 2023 Results on Nov 07, 2022 Okamoto Machine Tool Works, Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 07 December 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥183 (vs JP¥55.24 in 1Q 2022) First quarter 2023 results: EPS: JP¥183 (up from JP¥55.24 in 1Q 2022). Revenue: JP¥10.1b (up 27% from 1Q 2022). Net income: JP¥836.0m (up 278% from 1Q 2022). Profit margin: 8.3% (up from 2.8% 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 1% 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 • Jun 25
Okamoto Machine Tool Works, Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Okamoto Machine Tool Works, Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥689 (vs JP¥364 in FY 2021) Full year 2022 results: EPS: JP¥689 (up from JP¥364 in FY 2021). Revenue: JP¥37.5b (up 24% from FY 2021). Net income: JP¥2.89b (up 98% from FY 2021). Profit margin: 7.7% (up from 4.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • May 14
Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 29, 2022 Okamoto Machine Tool Works, Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. No independent directors (5 non-independent directors). External Director Kenji Yamashita was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Okamoto Machine Tool Works, Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Okamoto Machine Tool Works, Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥156 (up from JP¥59.47 in 3Q 2021). Revenue: JP¥9.20b (up 34% from 3Q 2021). Net income: JP¥671.0m (up 182% from 3Q 2021). Profit margin: 7.3% (up from 3.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥5,700, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 151% over the past three years. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS JP¥239 (vs JP¥97.95 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥9.24b (up 19% from 2Q 2021). Net income: JP¥957.0m (up 144% from 2Q 2021). Profit margin: 10% (up from 5.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥4,695, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 27% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Announcement • Sep 11
Okamoto Machine Tool Works, Ltd. announced that it expects to receive ¥42.98 million in funding from Daiwa Securities Co., Ltd., Investment Arm Okamoto Machine Tool Works, Ltd. announced a private placement of 7,000 units of 1st stock acquisition rights for ¥6,140 per unit for gross proceeds of ¥42,980,000 on September 10, 2021. The 1st, stock acquisition rights is convertible into 700,000 common shares of the company at an initial exercise price of ¥6,275 per 1st stock acquisition right and exercise period of 1st stock acquisition rights is between September 28, 2021 to September 27, 2024. The company will issue stock acquisition rights through third-party allotment. The transaction will include participation from Daiwa Securities Co., Ltd., Investment Arm. The transaction has been approved by the board of directors. The company will pay issuance expenses of ¥6,000,000. The transaction is expected to close on September 27, 2021. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥6,430, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥4,950, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 30% over the past three years. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥55.23 (vs JP¥10.50 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.95b (up 32% from 1Q 2021). Net income: JP¥221.0m (up JP¥263.0m from 1Q 2021). Profit margin: 2.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥5,270, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 17x in the Machinery industry in Japan. Total returns to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improved over the past week After last week's 27% share price gain to JP¥4,285, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 3.4% over the past three years. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥364 (vs JP¥395 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¥30.4b (down 12% from FY 2020). Net income: JP¥1.46b (down 7.8% from FY 2020). Profit margin: 4.8% (up from 4.6% 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 20% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥59.45 (vs JP¥23.73 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥6.86b (down 4.9% from 3Q 2020). Net income: JP¥238.0m (up 151% from 3Q 2020). Profit margin: 3.5% (up from 1.3% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 6% per year. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥2,720, the stock is trading at a trailing P/E ratio of 12.7x, up from the previous P/E ratio of 10.9x. This compares to an average P/E of 16x in the Machinery industry in Japan. Total return to shareholders over the past three years is a loss of 36%. Is New 90 Day High Low • Jan 12
New 90-day high: JP¥2,570 The company is up 2.0% from its price of JP¥2,510 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 19% over the same period. Announcement • Dec 24
Okamoto Machine Tool Works, Ltd. to Report Q3, 2020 Results on Feb 10, 2021 Okamoto Machine Tool Works, Ltd. announced that they will report Q3, 2020 results on Feb 10, 2021 Announcement • Sep 26
Okamoto Machine Tool Works, Ltd. to Report Q2, 2021 Results on Nov 12, 2020 Okamoto Machine Tool Works, Ltd. announced that they will report Q2, 2021 results on Nov 12, 2020 Announcement • Sep 21
Okamoto Machine Tool Works, Ltd.(TSE:6125) dropped from S&P Global BMI Index Okamoto Machine Tool Works, Ltd.(TSE:6125) dropped from S&P Global BMI Index 