Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥4,919, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Machinery industry in Japan. Total returns to shareholders of 272% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,657 per share. Reported Earnings • Aug 15
Second quarter 2026 earnings: EPS misses analyst expectations Second quarter 2026 results: EPS: JP¥33.41 (down from JP¥33.66 in 2Q 2025). Revenue: JP¥244.4b (up 3.5% from 2Q 2025). Net income: JP¥15.3b (down 1.9% from 2Q 2025). Profit margin: 6.2% (down from 6.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥6,025, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 394% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,626 per share. Announcement • Jun 26
Ebara Corporation to Report Q2, 2026 Results on Aug 14, 2026 Ebara Corporation announced that they will report Q2, 2026 results on Aug 14, 2026 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥33.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 14 September 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥6,204, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 363% over the past three years. New Risk • Jun 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 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • May 18
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: JP¥40.13 (up from JP¥34.18 in 1Q 2025). Revenue: JP¥246.3b (up 16% from 1Q 2025). Net income: JP¥18.3b (up 16% from 1Q 2025). Profit margin: 7.4% (in line with 1Q 2025). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 09
Ebara Corporation to Report Q1, 2026 Results on May 15, 2026 Ebara Corporation announced that they will report Q1, 2026 results at 9:00 AM, Tokyo Standard Time on May 15, 2026 Announcement • Apr 15
INFRONEER Holdings Inc. (TSE:5076) agreed to acquire Swing Corporation from Ebara Corporation (TSE:6361), Mitsubishi Corporation (TSE:8058) and JGC Holdings Corporation (TSE:1963) for ¥91.2 billion. INFRONEER Holdings Inc. (TSE:5076) agreed to acquire Swing Corporation from Ebara Corporation (TSE:6361), Mitsubishi Corporation (TSE:8058) and JGC Holdings Corporation (TSE:1963) for ¥91.2 billion on April 14, 2026. A cash consideration of ¥91.2 billion will be paid by INFRONEER Holdings Inc. As part of consideration, ¥91.2 billion is paid towards common equity of Swing Corporation.
The expected completion of the transaction is July 1, 2026. Declared Dividend • Apr 11
Final dividend of JP¥33.00 announced Shareholders will receive a dividend of JP¥33.00. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (35% 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 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 27
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: JP¥166 (up from JP¥155 in FY 2024). Revenue: JP¥958.3b (up 11% from FY 2024). Net income: JP¥76.6b (up 7.3% from FY 2024). Profit margin: 8.0% (down from 8.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Mar 09
Price target increased by 8.1% to JP¥5,364 Up from JP¥4,960, the current price target is an average from 10 analysts. New target price is 11% above last closing price of JP¥4,827. Stock is up 99% over the past year. The company is forecast to post earnings per share of JP¥195 for next year compared to JP¥166 last year. Reported Earnings • Feb 14
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: JP¥166 (up from JP¥155 in FY 2024). Revenue: JP¥958.3b (up 11% from FY 2024). Net income: JP¥76.6b (up 7.3% from FY 2024). Profit margin: 8.0% (down from 8.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.1% 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 15% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 04
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 8.0% 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 Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). High level of non-cash earnings (21% accrual ratio). Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥4,302, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 374% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,946 per share. Announcement • Jan 05
Ebara Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026 Ebara Corporation announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on Feb 13, 2026 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.9%). Price Target Changed • Dec 19
Price target increased by 7.2% to JP¥4,478 Up from JP¥4,178, the current price target is an average from 9 analysts. New target price is 25% above last closing price of JP¥3,593. Stock is up 42% over the past year. The company is forecast to post earnings per share of JP¥166 for next year compared to JP¥155 last year. Price Target Changed • Nov 18
Price target increased by 13% to JP¥4,178 Up from JP¥3,700, the current price target is an average from 9 analysts. New target price is 7.5% above last closing price of JP¥3,888. Stock is up 67% over the past year. The company is forecast to post earnings per share of JP¥166 for next year compared to JP¥155 last year. Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: JP¥28.92 (vs JP¥25.59 in 3Q 2024) Third quarter 2025 results: EPS: JP¥28.92 (up from JP¥25.59 in 3Q 2024). Revenue: JP¥214.8b (up 2.4% from 3Q 2024). Net income: JP¥13.3b (up 13% from 3Q 2024). Profit margin: 6.2% (up from 5.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% 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 16% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥3,785, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 319% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,801 per share. Buy Or Sell Opportunity • Sep 30
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to JP¥3,392. The fair value is estimated to be JP¥2,823, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period. Price Target Changed • Sep 19
Price target increased by 7.1% to JP¥3,511 Up from JP¥3,278, the current price target is an average from 9 analysts. New target price is 13% above last closing price of JP¥3,103. Stock is up 49% over the past year. The company is forecast to post earnings per share of JP¥164 for next year compared to JP¥155 last year. Announcement • Sep 18
Ebara Corporation to Report Q3, 2025 Results on Nov 13, 2025 Ebara Corporation announced that they will report Q3, 2025 results on Nov 13, 2025 Declared Dividend • Sep 13
First half dividend of JP¥28.00 announced Shareholders will receive a dividend of JP¥28.00. Ex-date: 29th December 2025 Payment date: 27th March 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (149% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Aug 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to JP¥3,292. The fair value is estimated to be JP¥2,730, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: JP¥33.66 (vs JP¥31.44 in 2Q 2024) Second quarter 2025 results: EPS: JP¥33.66 (up from JP¥31.44 in 2Q 2024). Revenue: JP¥236.1b (up 18% from 2Q 2024). Net income: JP¥15.6b (up 7.1% from 2Q 2024). Profit margin: 6.6% (down from 7.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% 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 18% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,662, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 182% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,524 per share. Announcement • Jun 24
Ebara Corporation to Report Q2, 2025 Results on Aug 14, 2025 Ebara Corporation announced that they will report Q2, 2025 results on Aug 14, 2025 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 16 September 2025. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.2%). Declared Dividend • May 20
Dividend of JP¥28.00 announced Shareholders will receive a dividend of JP¥28.00. Ex-date: 27th June 2025 Payment date: 16th September 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but not covered by cash flows (121% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 16
First quarter 2025 earnings released: EPS: JP¥34.18 (vs JP¥31.84 in 1Q 2024) First quarter 2025 results: EPS: JP¥34.18 (up from JP¥31.84 in 1Q 2024). Revenue: JP¥212.7b (up 9.7% from 1Q 2024). Net income: JP¥15.8b (up 7.4% from 1Q 2024). Profit margin: 7.4% (down from 7.6% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 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 19% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • May 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.3% to JP¥2,424. The fair value is estimated to be JP¥3,057, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 6.7% per annum over the same time period. Buy Or Sell Opportunity • Apr 07
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to JP¥1,803. The fair value is estimated to be JP¥2,406, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,990, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,068 per share. Announcement • Mar 26
Ebara Corporation to Report Q1, 2025 Results on May 15, 2025 Ebara Corporation announced that they will report Q1, 2025 results on May 15, 2025 Buy Or Sell Opportunity • Feb 27
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to JP¥2,547. The fair value is estimated to be JP¥2,085, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 6.7% per annum over the same time period. Announcement • Feb 17
Ebara Corporation, Annual General Meeting, Mar 26, 2025 Ebara Corporation, Annual General Meeting, Mar 26, 2025. Reported Earnings • Feb 16
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥155 (up from JP¥131 in FY 2023). Revenue: JP¥866.7b (up 14% from FY 2023). Net income: JP¥71.4b (up 18% from FY 2023). Profit margin: 8.2% (up from 7.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 4.1% 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 18% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 12
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 5.8% to JP¥2,593. The fair value is estimated to be JP¥2,073, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 9.0% per annum over the same time period. Buy Or Sell Opportunity • Jan 07
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to JP¥2,685. The fair value is estimated to be JP¥2,234, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period. Announcement • Jan 03
Ebara Corporation to Report Q4, 2024 Results on Feb 14, 2025 Ebara Corporation announced that they will report Q4, 2024 results on Feb 14, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 March 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.3%). Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥2,476, 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 153% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,498 per share. Announcement • Sep 21
Ebara Corporation to Report Q3, 2024 Results on Nov 14, 2024 Ebara Corporation announced that they will report Q3, 2024 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,980, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,128 per share. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: JP¥31.44 (vs JP¥27.08 in 2Q 2023) Second quarter 2024 results: EPS: JP¥31.44 (up from JP¥27.08 in 2Q 2023). Revenue: JP¥200.7b (up 12% from 2Q 2023). Net income: JP¥14.5b (up 16% from 2Q 2023). Profit margin: 7.2% (up from 6.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% 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 22% per year whereas the company’s share price has increased by 23% per year. New Risk • Aug 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 Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Aug 05
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 45% to JP¥1,514. The fair value is estimated to be JP¥2,133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 6.1% per annum over the same time period. Buy Or Sell Opportunity • Jul 20
Now 20% overvalued Over the last 90 days, the stock has fallen 11% to JP¥2,273. The fair value is estimated to be JP¥1,893, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 6.1% per annum over the same time period. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥115 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.1%). Announcement • Jun 14
Ebara Corporation to Report Q2, 2024 Results on Aug 14, 2024 Ebara Corporation announced that they will report Q2, 2024 results at 3:00 PM, Tokyo Standard Time on Aug 14, 2024 Reported Earnings • May 16
First quarter 2024 earnings released: EPS: JP¥159 (vs JP¥87.95 in 1Q 2023) First quarter 2024 results: EPS: JP¥159 (up from JP¥87.95 in 1Q 2023). Revenue: JP¥193.8b (up 5.3% from 1Q 2023). Net income: JP¥14.7b (up 82% from 1Q 2023). Profit margin: 7.6% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% 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 increased by 37% per year, which means it is tracking significantly ahead of earnings growth.