Reported Earnings • Aug 08
First quarter 2027 earnings released: EPS: JP¥22.40 (vs JP¥16.22 in 1Q 2026) First quarter 2027 results: EPS: JP¥22.40 (up from JP¥16.22 in 1Q 2026). Revenue: JP¥9.60b (up 8.6% from 1Q 2026). Net income: JP¥605.0m (up 39% from 1Q 2026). Profit margin: 6.3% (up from 4.9% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Declared Dividend • Jul 25
Final dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 29th September 2026 Payment date: 11th December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 03
Rheon Automatic Machinery Co., Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Rheon Automatic Machinery Co., Ltd. announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 06, 2026 Reported Earnings • May 20
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥145. Revenue: JP¥42.0b (up 7.1% from FY 2025). Net income: JP¥3.90b (flat on FY 2025). Profit margin: 9.3% (in line with FY 2025). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Machinery industry in Japan. Announcement • May 15
Rheon Automatic Machinery Co., Ltd., Annual General Meeting, Jun 24, 2026 Rheon Automatic Machinery Co., Ltd., Annual General Meeting, Jun 24, 2026. Announcement • May 10
Rheon Automatic Machinery Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Rheon Automatic Machinery Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥38.70 (vs JP¥26.26 in 3Q 2025) Third quarter 2026 results: EPS: JP¥38.70 (up from JP¥26.26 in 3Q 2025). Revenue: JP¥9.89b (up 17% from 3Q 2025). Net income: JP¥1.04b (up 48% from 3Q 2025). Profit margin: 11% (up from 8.3% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Announcement • Dec 19
Rheon Automatic Machinery Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Rheon Automatic Machinery Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Declared Dividend • Dec 12
First half dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥47.30 (vs JP¥42.97 in 2Q 2025) Second quarter 2026 results: EPS: JP¥47.30 (up from JP¥42.97 in 2Q 2025). Revenue: JP¥11.1b (up 9.1% from 2Q 2025). Net income: JP¥1.27b (up 10% from 2Q 2025). Profit margin: 12% (in line with 2Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery 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 only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Announcement • Sep 05
Rheon Automatic Machinery Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025 Rheon Automatic Machinery Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥16.20 (vs JP¥27.38 in 1Q 2025) First quarter 2026 results: EPS: JP¥16.20 (down from JP¥27.38 in 1Q 2025). Revenue: JP¥8.84b (down 7.2% from 1Q 2025). Net income: JP¥436.0m (down 41% from 1Q 2025). Profit margin: 4.9% (down from 7.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. 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 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥24.00 announced Shareholders will receive a dividend of JP¥24.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 20
Rheon Automatic Machinery Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Rheon Automatic Machinery Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 19
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: JP¥145 (up from JP¥137 in FY 2024). Revenue: JP¥39.2b (up 4.0% from FY 2024). Net income: JP¥3.89b (up 5.8% from FY 2024). Profit margin: 9.9% (in line with FY 2024). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 14
Rheon Automatic Machinery Co., Ltd., Annual General Meeting, Jun 25, 2025 Rheon Automatic Machinery Co., Ltd., Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,039, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 7.6% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Announcement • Mar 12
Rheon Automatic Machinery Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Rheon Automatic Machinery Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥26.26 (vs JP¥35.80 in 3Q 2024) Third quarter 2025 results: EPS: JP¥26.26 (down from JP¥35.80 in 3Q 2024). Revenue: JP¥8.49b (down 5.9% from 3Q 2024). Net income: JP¥706.0m (down 27% from 3Q 2024). Profit margin: 8.3% (down from 11% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Declared Dividend • Dec 10
First half dividend of JP¥21.00 announced Shareholders will receive a dividend of JP¥21.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 04
Rheon Automatic Machinery Co., Ltd. to Report Q3, 2025 Results on Feb 13, 2025 Rheon Automatic Machinery Co., Ltd. announced that they will report Q3, 2025 results on Feb 13, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥42.97 (vs JP¥48.59 in 2Q 2024) Second quarter 2025 results: EPS: JP¥42.97 (down from JP¥48.59 in 2Q 2024). Revenue: JP¥10.2b (up 1.3% from 2Q 2024). Net income: JP¥1.15b (down 12% from 2Q 2024). Profit margin: 11% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 27
Rheon Automatic Machinery Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024 Rheon Automatic Machinery Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.9%). Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥27.38 (vs JP¥21.49 in 1Q 2024) First quarter 2025 results: EPS: JP¥27.38 (up from JP¥21.49 in 1Q 2024). Revenue: JP¥9.52b (up 17% from 1Q 2024). Net income: JP¥735.0m (up 28% from 1Q 2024). Profit margin: 7.7% (up from 7.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,296, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Machinery industry in Japan. Total loss to shareholders of 5.5% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥21.00 announced Shareholders will receive a dividend of JP¥21.00. Ex-date: 27th September 2024 Payment date: 11th December 2024 Dividend yield will be 2.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 18
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥137 (up from JP¥102 in FY 2023). Revenue: JP¥37.7b (up 6.9% from FY 2023). Net income: JP¥3.68b (up 34% from FY 2023). Profit margin: 9.7% (up from 7.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.6% 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 5% per year, which means it is significantly lagging earnings growth. Announcement • May 16
Rheon Automatic Machinery Co., Ltd., Annual General Meeting, Jun 26, 2024 Rheon Automatic Machinery Co., Ltd., Annual General Meeting, Jun 26, 2024. Buy Or Sell Opportunity • Apr 15
Now 20% undervalued Over the last 90 days, the stock has risen 2.8% to JP¥1,564. The fair value is estimated to be JP¥1,963, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. Buy Or Sell Opportunity • Mar 28
Now 21% undervalued Over the last 90 days, the stock has risen 2.8% to JP¥1,546. The fair value is estimated to be JP¥1,960, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 10% in the next 2 years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Announcement • Mar 02
Rheon Automatic Machinery Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Rheon Automatic Machinery Co., Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥35.80 (vs JP¥37.94 in 3Q 2023) Third quarter 2024 results: EPS: JP¥35.80 (down from JP¥37.94 in 3Q 2023). Revenue: JP¥9.01b (down 1.1% from 3Q 2023). Net income: JP¥961.0m (down 5.5% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 08
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to JP¥1,535. The fair value is estimated to be JP¥1,269, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to decline by 3.8% in the next 2 years. New Risk • Dec 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 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: Major Risk Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change). Announcement • Nov 29
Rheon Automatic Machinery Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Rheon Automatic Machinery Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥48.59 (vs JP¥26.52 in 2Q 2023) Second quarter 2024 results: EPS: JP¥48.59 (up from JP¥26.52 in 2Q 2023). Revenue: JP¥10.0b (up 6.4% from 2Q 2023). Net income: JP¥1.30b (up 83% from 2Q 2023). Profit margin: 13% (up from 7.5% in 2Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 December 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.1%). Announcement • Aug 27
Rheon Automatic Machinery Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Rheon Automatic Machinery Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥21.49 (vs JP¥4.10 in 1Q 2023) First quarter 2024 results: EPS: JP¥21.49 (up from JP¥4.10 in 1Q 2023). Revenue: JP¥8.13b (up 3.0% from 1Q 2023). Net income: JP¥576.0m (up 424% from 1Q 2023). Profit margin: 7.1% (up from 1.4% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 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 19% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jun 01
Rheon Automatic Machinery Co., Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Rheon Automatic Machinery Co., Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 24
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥102 (up from JP¥55.44 in FY 2022). Revenue: JP¥35.3b (up 33% from FY 2022). Net income: JP¥2.74b (up 84% from FY 2022). Profit margin: 7.8% (up from 5.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%. Revenue is forecast to grow 5.0% 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 7% per year whereas the company’s share price has increased by 5% per year. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,546, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 22% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share at 1.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥37.94 (vs JP¥17.57 in 3Q 2022) Third quarter 2023 results: EPS: JP¥37.94 (up from JP¥17.57 in 3Q 2022). Revenue: JP¥9.11b (up 30% from 3Q 2022). Net income: JP¥1.02b (up 116% from 3Q 2022). Profit margin: 11% (up from 6.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year. Announcement • Feb 11
Rheon Automatic Machinery Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2023 Rheon Automatic Machinery Co., Ltd. provided consolidated earnings guidance for the full year ending March 31, 2023. For the year, the company expected net sales of JPY 35,100 million, operating profit of JPY 2,540 million, profit attributable to owners of parent of JPY 2,190 million and basic earnings per share of JPY 81.70. Announcement • Dec 04
Rheon Automatic Machinery Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Rheon Automatic Machinery Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥26.52 (vs JP¥31.56 in 2Q 2022) Second quarter 2023 results: EPS: JP¥26.52 (down from JP¥31.56 in 2Q 2022). Revenue: JP¥9.44b (up 27% from 2Q 2022). Net income: JP¥711.0m (down 16% from 2Q 2022). Profit margin: 7.5% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year. 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. 8 experienced directors. 3 highly experienced directors. No independent directors (7 non-independent directors). President, CEO & Director Mikio Kobayashi 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 13
Second quarter 2023 earnings released: EPS: JP¥26.52 (vs JP¥31.56 in 2Q 2022) Second quarter 2023 results: EPS: JP¥26.52 (down from JP¥31.56 in 2Q 2022). Revenue: JP¥9.44b (up 27% from 2Q 2022). Net income: JP¥711.0m (down 16% from 2Q 2022). Profit margin: 7.5% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 11% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 13 December 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.4%). Announcement • Sep 09
Rheon Automatic Machinery Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Rheon Automatic Machinery Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: JP¥4.12 (vs JP¥2.58 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥4.12 (up from JP¥2.58 loss in 1Q 2022). Revenue: JP¥7.90b (up 50% from 1Q 2022). Net income: JP¥110.5m (up JP¥179.5m from 1Q 2022). Profit margin: 1.4% (up from net loss in 1Q 2022). The move to profitability 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 only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,325, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 11x in the Machinery industry in Japan. Total loss to shareholders of 26% over the past three years. Announcement • Jun 24
Rheon Automatic Machinery Co., Ltd. to Report Q1, 2023 Results on Aug 08, 2022 Rheon Automatic Machinery Co., Ltd. announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥55.47 (vs JP¥60.00 in FY 2021) Full year 2022 results: EPS: JP¥55.47 (down from JP¥60.00 in FY 2021). Revenue: JP¥26.6b (up 19% from FY 2021). Net income: JP¥1.49b (down 7.5% from FY 2021). Profit margin: 5.6% (down from 7.2% in FY 2021). The decrease in margin was driven by higher 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 9% per year, which means it has not declined as severely as earnings. 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. 8 experienced directors. 4 highly experienced directors. No independent directors (8 non-independent directors). Executive Officer and Director Mikio Kobayashi 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
Rheon Automatic Machinery Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Rheon Automatic Machinery Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,042, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 12x in the Machinery industry in Japan. Total loss to shareholders of 34% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.0%). Reported Earnings • Mar 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥12.57 (up from JP¥12.17 loss in 3Q 2021). Revenue: JP¥6.99b (up 38% from 3Q 2021). Net income: JP¥337.0m (up JP¥663.0m from 3Q 2021). Profit margin: 4.8% (up from net loss in 3Q 2021). The move to profitability 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 21% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥33.88 (vs JP¥62.43 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥7.42b (up 4.6% from 2Q 2021). Net income: JP¥908.0m (down 46% from 2Q 2021). Profit margin: 12% (down from 24% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 14 December 2021. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.4%). Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥0.11 (vs JP¥5.49 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¥5.28b (up 22% from 1Q 2021). Net income: JP¥3.00m (up JP¥150.0m from 1Q 2021). Profit margin: 0.1% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,488, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 17x in the Machinery industry in Japan. Total loss to shareholders of 30% over the past three years. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥60.00 (vs JP¥73.57 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥22.3b (down 17% from FY 2020). Net income: JP¥1.61b (down 18% from FY 2020). Profit margin: 7.2% (down from 7.3% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year and the company’s share price has also fallen by 19% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.1%). Announcement • Mar 04
Rheon Automatic Machinery Co., Ltd. to Report Fiscal Year 2021 Results on May 11, 2021 Rheon Automatic Machinery Co., Ltd. announced that they will report fiscal year 2021 results on May 11, 2021 Is New 90 Day High Low • Feb 26
New 90-day low: JP¥1,091 The company is down 5.0% from its price of JP¥1,153 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: JP¥12.17 loss per share (vs JP¥10.34 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥5.07b (down 11% from 3Q 2020). Net loss: JP¥326.0m (down 218% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 19% per year. Is New 90 Day High Low • Dec 18
New 90-day high: JP¥1,279 The company is up 13% from its price of JP¥1,130 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥290 per share. Announcement • Dec 03
Rheon Automatic Machinery Co., Ltd. to Report Q3, 2021 Results on Feb 09, 2021 Rheon Automatic Machinery Co., Ltd. announced that they will report Q3, 2021 results on Feb 09, 2021 Announcement • Sep 03
Rheon Automatic Machinery Co., Ltd. to Report Q2, 2021 Results on Nov 10, 2020 Rheon Automatic Machinery Co., Ltd. announced that they will report Q2, 2021 results on Nov 10, 2020 
