Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,621, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 15x in the Machinery industry in Japan. Total loss to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥1,472, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 14x in the Machinery industry in Japan. Total loss to shareholders of 71% over the past three years. Announcement • Jun 03
Takatori Corporation to Report Q3, 2026 Results on Aug 07, 2026 Takatori Corporation announced that they will report Q3, 2026 results on Aug 07, 2026 Reported Earnings • May 18
Second quarter 2026 earnings released: EPS: JP¥22.31 (vs JP¥86.63 in 2Q 2025) Second quarter 2026 results: EPS: JP¥22.31 (down from JP¥86.63 in 2Q 2025). Revenue: JP¥1.78b (down 33% from 2Q 2025). Net income: JP¥119.0m (down 75% from 2Q 2025). Profit margin: 6.7% (down from 18% 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 38% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. New Risk • Mar 05
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 8.7% 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 (8.7% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥8.95b market cap, or US$56.9m). Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,504, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 16x in the Machinery industry in Japan. Total loss to shareholders of 71% over the past three years. Reported Earnings • Feb 14
First quarter 2026 earnings released: JP¥21.02 loss per share (vs JP¥25.64 loss in 1Q 2025) First quarter 2026 results: JP¥21.02 loss per share (improved from JP¥25.64 loss in 1Q 2025). Revenue: JP¥956.0m (down 19% from 1Q 2025). Net loss: JP¥113.0m (loss narrowed 19% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Announcement • Dec 09
Takatori Corporation to Report Q1, 2026 Results on Feb 12, 2026 Takatori Corporation announced that they will report Q1, 2026 results on Feb 12, 2026 Reported Earnings • Nov 15
Full year 2025 earnings released: EPS: JP¥107 (vs JP¥355 in FY 2024) Full year 2025 results: EPS: JP¥107 (down from JP¥355 in FY 2024). Revenue: JP¥7.33b (down 54% from FY 2024). Net income: JP¥584.0m (down 70% from FY 2024). Profit margin: 8.0% (down from 12% 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 8% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. Announcement • Nov 12
Takatori Corporation, Annual General Meeting, Dec 19, 2025 Takatori Corporation, Annual General Meeting, Dec 19, 2025. New Risk • Oct 07
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 5.2% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.2% average weekly change). Profit margins are more than 30% lower than last year (6.3% net profit margin). Market cap is less than US$100m (JP¥9.15b market cap, or US$60.7m). Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 23 December 2025. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Announcement • Sep 02
Takatori Corporation to Report Fiscal Year 2025 Results on Nov 12, 2025 Takatori Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Nov 12, 2025 Reported Earnings • Aug 11
Third quarter 2025 earnings released: JP¥19.41 loss per share (vs JP¥84.61 profit in 3Q 2024) Third quarter 2025 results: JP¥19.41 loss per share (down from JP¥84.61 profit in 3Q 2024). Revenue: JP¥1.02b (down 61% from 3Q 2024). Net loss: JP¥106.0m (down 123% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jul 25
Takatori Corporation (TSE:6338) announces an Equity Buyback for 130,000 shares, representing 2.38% for ¥200 million. Takatori Corporation (TSE:6338) announces a share repurchase program. Under the program, the company will repurchase up to 130,000 shares, representing 2.38% of its issued share capital (excluding treasury stock) for ¥200 million. The purpose of the program is implementing a flexible capital policy and improving capital efficiency. The plan will be valid till December 31, 2025. As of June 30, 2025, the company had 5,460,069 issued shares (excluding treasury stock) and 31,421 treasury shares. Announcement • May 31
Takatori Corporation to Report Q3, 2025 Results on Aug 08, 2025 Takatori Corporation announced that they will report Q3, 2025 results on Aug 08, 2025 Reported Earnings • May 17
Second quarter 2025 earnings released: EPS: JP¥86.63 (vs JP¥122 in 2Q 2024) Second quarter 2025 results: EPS: JP¥86.63 (down from JP¥122 in 2Q 2024). Revenue: JP¥2.64b (down 52% from 2Q 2024). Net income: JP¥473.0m (down 29% from 2Q 2024). Profit margin: 18% (up from 12% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥1,362, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 11x in the Machinery industry in Japan. Total loss to shareholders of 15% over the past three years. 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 8.2% 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 (8.2% average weekly change). Minor Risks Dividend is not well covered by cash flows (133% cash payout ratio). Market cap is less than US$100m (JP¥5.37b market cap, or US$36.7m). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,145, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 11x in the Machinery industry in Japan. Total loss to shareholders of 30% over the past three years. Announcement • Mar 01
Takatori Corporation to Report Q2, 2025 Results on May 13, 2025 Takatori Corporation announced that they will report Q2, 2025 results on May 13, 2025 Reported Earnings • Feb 15
First quarter 2025 earnings released: JP¥25.64 loss per share (vs JP¥94.87 profit in 1Q 2024) First quarter 2025 results: JP¥25.64 loss per share (down from JP¥94.87 profit in 1Q 2024). Revenue: JP¥1.19b (down 75% from 1Q 2024). Net loss: JP¥140.0m (down 127% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,753, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 68% over the past three years. Reported Earnings • Dec 28
Full year 2024 earnings released: EPS: JP¥355 (vs JP¥349 in FY 2023) Full year 2024 results: EPS: JP¥355 (up from JP¥349 in FY 2023). Revenue: JP¥16.1b (down 1.7% from FY 2023). Net income: JP¥1.94b (up 1.6% from FY 2023). Profit margin: 12% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Dec 18
Takatori Corporation to Report Q1, 2025 Results on Feb 13, 2025 Takatori Corporation announced that they will report Q1, 2025 results on Feb 13, 2025 Reported Earnings • Nov 14
Full year 2024 earnings released: EPS: JP¥355 (vs JP¥349 in FY 2023) Full year 2024 results: EPS: JP¥355 (up from JP¥349 in FY 2023). Revenue: JP¥16.1b (down 1.7% from FY 2023). Net income: JP¥1.94b (up 1.6% from FY 2023). Profit margin: 12% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,024, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 19% over the past three years. Announcement • Nov 11
Takatori Corporation, Annual General Meeting, Dec 20, 2024 Takatori Corporation, Annual General Meeting, Dec 20, 2024. New Risk • Oct 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$100m (JP¥14.5b market cap, or US$98.9m). Upcoming Dividend • Sep 20
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 25 December 2024. Payout ratio is a comfortable 9.0% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.9%). Announcement • Aug 31
Takatori Corporation to Report Fiscal Year 2024 Results on Nov 11, 2024 Takatori Corporation announced that they will report fiscal year 2024 results on Nov 11, 2024 Reported Earnings • Aug 14
Third quarter 2024 earnings released: EPS: JP¥84.61 (vs JP¥98.35 in 3Q 2023) Third quarter 2024 results: EPS: JP¥84.61 (down from JP¥98.35 in 3Q 2023). Revenue: JP¥2.58b (down 43% from 3Q 2023). Net income: JP¥462.0m (down 14% from 3Q 2023). Profit margin: 18% (up from 12% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to JP¥2,183, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 131% over the past three years. New Risk • Aug 02
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 Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥14.6b market cap, or US$98.4m). Announcement • Jun 02
Takatori Corporation to Report Q3, 2024 Results on Aug 09, 2024 Takatori Corporation announced that they will report Q3, 2024 results on Aug 09, 2024 Reported Earnings • May 19
Second quarter 2024 earnings released: EPS: JP¥122 (vs JP¥71.43 in 2Q 2023) Second quarter 2024 results: EPS: JP¥122 (up from JP¥71.43 in 2Q 2023). Revenue: JP¥5.50b (up 48% from 2Q 2023). Net income: JP¥668.0m (up 71% from 2Q 2023). Profit margin: 12% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year whereas the company’s share price has increased by 61% per year. Buy Or Sell Opportunity • Apr 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to JP¥3,615. The fair value is estimated to be JP¥4,598, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 66%. Announcement • Mar 09
Takatori Corporation to Report Q2, 2024 Results on May 14, 2024 Takatori Corporation announced that they will report Q2, 2024 results on May 14, 2024 Reported Earnings • Feb 10
First quarter 2024 earnings released: EPS: JP¥94.87 (vs JP¥36.81 in 1Q 2023) First quarter 2024 results: EPS: JP¥94.87 (up from JP¥36.81 in 1Q 2023). Revenue: JP¥4.67b (up 84% from 1Q 2023). Net income: JP¥518.0m (up 158% from 1Q 2023). Profit margin: 11% (up from 7.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 86% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jan 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.9% to JP¥4,545. The fair value is estimated to be JP¥5,794, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Dec 28
Full year 2023 earnings released: EPS: JP¥349 (vs JP¥188 in FY 2022) Full year 2023 results: EPS: JP¥349 (up from JP¥188 in FY 2022). Revenue: JP¥16.4b (up 60% from FY 2022). Net income: JP¥1.91b (up 86% from FY 2022). Profit margin: 12% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 21
Takatori Corporation to Report Q1, 2024 Results on Feb 09, 2024 Takatori Corporation announced that they will report Q1, 2024 results on Feb 09, 2024 Buying Opportunity • Dec 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be JP¥5,961, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Nov 13
Takatori Corporation, Annual General Meeting, Dec 22, 2023 Takatori Corporation, Annual General Meeting, Dec 22, 2023. Reported Earnings • Nov 12
Full year 2023 earnings released: EPS: JP¥349 (vs JP¥188 in FY 2022) Full year 2023 results: EPS: JP¥349 (up from JP¥188 in FY 2022). Revenue: JP¥16.4b (up 60% from FY 2022). Net income: JP¥1.91b (up 86% from FY 2022). Profit margin: 12% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has increased by 119% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 29
Takatori Corporation to Report Fiscal Year 2023 Results on Nov 10, 2023 Takatori Corporation announced that they will report fiscal year 2023 results on Nov 10, 2023 Reported Earnings • Aug 09
Third quarter 2023 earnings released: EPS: JP¥98.35 (vs JP¥29.85 in 3Q 2022) Third quarter 2023 results: EPS: JP¥98.35 (up from JP¥29.85 in 3Q 2022). Revenue: JP¥4.55b (up 125% from 3Q 2022). Net income: JP¥537.0m (up 229% from 3Q 2022). Profit margin: 12% (up from 8.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 137% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥6,760, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 1,419% over the past three years. Announcement • May 31
Takatori Corporation to Report Q3, 2023 Results on Aug 09, 2023 Takatori Corporation announced that they will report Q3, 2023 results on Aug 09, 2023 Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥5,370, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 1,226% over the past three years. Reported Earnings • May 17
Second quarter 2023 earnings released: EPS: JP¥71.43 (vs JP¥27.29 in 2Q 2022) Second quarter 2023 results: EPS: JP¥71.43 (up from JP¥27.29 in 2Q 2022). Revenue: JP¥3.72b (up 145% from 2Q 2022). Net income: JP¥390.0m (up 162% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥5,620, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 1,190% over the past three years. Reported Earnings • Feb 14
First quarter 2023 earnings released: EPS: JP¥36.81 (vs JP¥59.34 in 1Q 2022) First quarter 2023 results: EPS: JP¥36.81 (down from JP¥59.34 in 1Q 2022). Revenue: JP¥2.54b (down 3.6% from 1Q 2022). Net income: JP¥201.0m (down 38% from 1Q 2022). Profit margin: 7.9% (down from 12% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has increased by 132% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Dec 28
Full year 2022 earnings released: EPS: JP¥188 (vs JP¥69.04 in FY 2021) Full year 2022 results: EPS: JP¥188 (up from JP¥69.04 in FY 2021). Revenue: JP¥10.2b (up 57% from FY 2021). Net income: JP¥1.03b (up 173% from FY 2021). Profit margin: 10% (up from 5.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has increased by 134% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥8,880, the stock trades at a trailing P/E ratio of 47.2x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 1,486% over the past three years. Announcement • Dec 04
Takatori Corporation to Report Q1, 2023 Results on Feb 13, 2023 Takatori Corporation announced that they will report Q1, 2023 results on Feb 13, 2023 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥6,210, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 10x in the Machinery industry in Japan. Total returns to shareholders of 935% over the past three years. 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. 5 highly experienced directors. No independent directors (6 non-independent directors). External Auditor Daisuke Onishi was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Nov 13
Takatori Corporation, Annual General Meeting, Dec 23, 2022 Takatori Corporation, Annual General Meeting, Dec 23, 2022. Reported Earnings • Nov 13
Full year 2022 earnings released: EPS: JP¥188 (vs JP¥69.04 in FY 2021) Full year 2022 results: EPS: JP¥188 (up from JP¥69.04 in FY 2021). Revenue: JP¥10.2b (up 57% from FY 2021). Net income: JP¥1.03b (up 173% from FY 2021). Profit margin: 10% (up from 5.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has increased by 111% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥3,385, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 483% over the past three years. Announcement • Sep 28
Takatori Corporation to Report Fiscal Year 2022 Results on Nov 11, 2022 Takatori Corporation announced that they will report fiscal year 2022 results on Nov 11, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 27 December 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥3,220, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 464% over the past three years. Buying Opportunity • Sep 02
Now 21% undervalued Over the last 90 days, the stock is up 27%. The fair value is estimated to be JP¥3,465, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 94%. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥2,635, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 373% over the past three years. Reported Earnings • Aug 08
Third quarter 2022 earnings released: EPS: JP¥29.85 (vs JP¥21.61 in 3Q 2021) Third quarter 2022 results: EPS: JP¥29.85 (up from JP¥21.61 in 3Q 2021). Revenue: JP¥2.03b (up 50% from 3Q 2021). Net income: JP¥163.0m (up 38% from 3Q 2021). Profit margin: 8.0% (down from 8.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jun 29
Now 22% undervalued Over the last 90 days, the stock is up 31%. The fair value is estimated to be JP¥3,478, 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 86%. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥2,970, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 495% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 31% share price gain to JP¥1,799, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 274% over the past three years. Announcement • May 29
Takatori Corporation to Report Q3, 2022 Results on Aug 05, 2022 Takatori Corporation announced that they will report Q3, 2022 results on Aug 05, 2022 Reported Earnings • May 19
Second quarter 2022 earnings released: EPS: JP¥27.29 (vs JP¥55.49 in 2Q 2021) Second quarter 2022 results: EPS: JP¥27.29 (down from JP¥55.49 in 2Q 2021). Revenue: JP¥1.52b (down 12% from 2Q 2021). Net income: JP¥149.0m (down 51% from 2Q 2021). Profit margin: 9.8% (down from 18% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. 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. 4 experienced directors. 5 highly experienced directors. No independent directors (6 non-independent directors). External Auditor Daisuke Onishi was the last director to join the board, commencing their role in 2012. 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
Takatori Corporation to Report Q2, 2022 Results on May 13, 2022 Takatori Corporation announced that they will report Q2, 2022 results on May 13, 2022 Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥2,066, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 252% over the past three years. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥1,721, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 205% over the past three years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improved over the past week After last week's 28% share price gain to JP¥1,423, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 151% over the past three years. Reported Earnings • Feb 10
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥59.34 (up from JP¥24.36 loss in 1Q 2021). Revenue: JP¥2.64b (up 107% from 1Q 2021). Net income: JP¥324.0m (up JP¥457.0m from 1Q 2021). Profit margin: 12% (up from net loss in 1Q 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 increased by 61% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improved over the past week After last week's 47% share price gain to JP¥1,787, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 220% over the past three years. Reported Earnings • Nov 16
Full year 2021 earnings released: EPS JP¥69.04 (vs JP¥23.26 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥6.53b (up 34% from FY 2020). Net income: JP¥377.0m (up JP¥504.0m from FY 2020). Profit margin: 5.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 24 December 2021. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥1,055, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 15x in the Machinery industry in Japan. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥1,086, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥1,091, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 40% over the past three years. Reported Earnings • May 17
Second quarter 2021 earnings released: EPS JP¥55.49 (vs JP¥26.01 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥1.73b (up 3.9% from 2Q 2020). Net income: JP¥303.0m (up 113% from 2Q 2020). Profit margin: 18% (up from 8.5% in 2Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥797, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 17x in the Machinery industry in Japan. Total loss to shareholders of 6.6% over the past three years. 
