Announcement • Jun 28
DMW Corporation to Report Q1, 2027 Results on Aug 07, 2026 DMW Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥631 (vs JP¥577 in FY 2025) Full year 2026 results: EPS: JP¥631 (up from JP¥577 in FY 2025). Revenue: JP¥28.2b (flat on FY 2025). Net income: JP¥2.62b (up 7.8% from FY 2025). Profit margin: 9.3% (up from 8.6% in FY 2025). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. Announcement • May 15
DMW Corporation, Annual General Meeting, Jun 26, 2026 DMW Corporation, Annual General Meeting, Jun 26, 2026. Announcement • May 10
DMW Corporation to Report Fiscal Year 2026 Results on May 15, 2026 DMW Corporation announced that they will report fiscal year 2026 results on May 15, 2026 Announcement • Mar 25
METAWATER Co., Ltd. (TSE:9551) completed the acquisition of 48.94% stake in Suido Kiko Kaisha, Ltd. (TSE:6403) from a group of shareholders. METAWATER Co., Ltd. (TSE:9551) proposed to acquire 48.94% stake in Suido Kiko Kaisha, Ltd. (TSE:6403) from a group of shareholders for ¥8.5 billion on February 5, 2026. A cash consideration of ¥4,050 per share will be paid by METAWATER Co., Ltd. METAWATER also enter agreements under which Toray has agreed not to tender any of Suido Kiko Kaisha Shares held by Toray : 51.06%. If the Tender Offeror fails to acquire all of the shares of Suido Kiko Kaisha through the Tender Offer, after the completion of the Tender Offer, the Tender Offeror plans to request the implementation of a series of procedures necessary to make the Tender Offeror and Toray the only shareholders of the Target Company through the Share Consolidation. The METAWATER intends to make Suido Kiko Kaisha private by acquiring all of Suido Kiko Kaisha Shares. After the completion of the Squeeze-Out Procedure, the plan in principle is for Toray and the Tender Offeror to hold 51% and 49% of the voting rights in Suido Kiko Kaisha.
The transaction is subject to minimum tender. The Board of Directors of Suido Kiko Kaisha, Ltd. formed a special committee for the transaction. The expected completion of the transaction is March 24, 2026.
Mori Hamada & Matsumoto LPC acted as legal advisor for METAWATER Co., Ltd. Mizuho Securities Co., Ltd. acted as financial advisor for METAWATER Co., Ltd. Southgate Law Office acted as legal advisor for Suido Kiko Kaisha, Ltd. Sumitomo Mitsui Banking Corporation acted as financial advisor for Suido Kiko Kaisha, Ltd.
METAWATER Co., Ltd. (TSE:9551) completed the acquisition of 48.94% stake in Suido Kiko Kaisha, Ltd. (TSE:6403) from a group of shareholders on March 24, 2026. The total number of Tendered Securities (1,493,025 shares) was equal to or greater than the minimum number of shares to be purchased (669,400 shares), the Tender Offeror will purchase all of the Tendered Securities, as stated in the public notice of commencement of the tender offer and the tender offer registration statement. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥130 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥124 (vs JP¥183 in 3Q 2025) Third quarter 2026 results: EPS: JP¥124 (down from JP¥183 in 3Q 2025). Revenue: JP¥6.76b (down 3.7% from 3Q 2025). Net income: JP¥514.0m (down 33% from 3Q 2025). Profit margin: 7.6% (down from 11% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 06
METAWATER Co., Ltd. (TSE:9551) proposed to acquire 48.94% stake in Suido Kiko Kaisha, Ltd. (TSE:6403) from a group of shareholders for ¥8.5 billion. METAWATER Co., Ltd. (TSE:9551) proposed to acquire 48.94% stake in Suido Kiko Kaisha, Ltd. (TSE:6403) from a group of shareholders for ¥8.5 billion on February 5, 2026. A cash consideration of ¥4,050 per share will be paid by METAWATER Co., Ltd. METAWATER also enter agreements under which Toray has agreed not to tender any of Suido Kiko Kaisha Shares held by Toray : 51.06%. If the Tender Offeror fails to acquire all of the shares of Suido Kiko Kaisha through the Tender Offer, after the completion of the Tender Offer, the Tender Offeror plans to request the implementation of a series of procedures necessary to make the Tender Offeror and Toray the only shareholders of the Target Company through the Share Consolidation. The METAWATER intends to make Suido Kiko Kaisha private by acquiring all of Suido Kiko Kaisha Shares. After the completion of the Squeeze-Out Procedure, the plan in principle is for Toray and the Tender Offeror to hold 51% and 49% of the voting rights in Suido Kiko Kaisha.
The transaction is subject to minimum tender. The Board of Directors of Suido Kiko Kaisha, Ltd. formed a special committee for the transaction. The expected completion of the transaction is March 24, 2026.
Mori Hamada & Matsumoto LPC acted as legal advisor for METAWATER Co., Ltd. Mizuho Securities Co., Ltd. acted as financial advisor for METAWATER Co., Ltd. Southgate Law Office acted as legal advisor for Suido Kiko Kaisha, Ltd. Sumitomo Mitsui Banking Corporation acted as financial advisor for Suido Kiko Kaisha, Ltd. Announcement • Dec 02
DMW Corporation to Report Q3, 2026 Results on Feb 13, 2026 DMW Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥46.57 (vs JP¥3.77 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥46.57 (up from JP¥3.77 loss in 2Q 2025). Revenue: JP¥5.71b (up 30% from 2Q 2025). Net income: JP¥193.0m (up JP¥209.0m from 2Q 2025). Profit margin: 3.4% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Announcement • Sep 02
DMW Corporation to Report Q2, 2026 Results on Nov 14, 2025 DMW Corporation announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 11
First quarter 2026 earnings released: EPS: JP¥61.31 (vs JP¥26.66 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥61.31 (up from JP¥26.66 loss in 1Q 2025). Revenue: JP¥5.34b (up 17% from 1Q 2025). Net income: JP¥254.0m (up JP¥367.0m from 1Q 2025). Profit margin: 4.8% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 04
DMW Corporation to Report Q1, 2026 Results on Aug 08, 2025 DMW Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 New Risk • Jun 04
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥577 (vs JP¥413 in FY 2024) Full year 2025 results: EPS: JP¥577 (up from JP¥413 in FY 2024). Revenue: JP¥28.1b (up 17% from FY 2024). Net income: JP¥2.43b (up 39% from FY 2024). Profit margin: 8.6% (up from 7.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
DMW Corporation, Annual General Meeting, Jun 27, 2025 DMW Corporation, Annual General Meeting, Jun 27, 2025. Announcement • Apr 02
DMW Corporation to Report Fiscal Year 2025 Results on May 15, 2025 DMW Corporation announced that they will report fiscal year 2025 results on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥110 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 10 June 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥183 (vs JP¥77.85 in 3Q 2024) Third quarter 2025 results: EPS: JP¥183 (up from JP¥77.85 in 3Q 2024). Revenue: JP¥7.02b (up 45% from 3Q 2024). Net income: JP¥771.0m (up 134% from 3Q 2024). Profit margin: 11% (up from 6.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Jan 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.8b (US$99.9m) 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. This is currently the only risk that has been identified for the company. Announcement • Dec 21
DMW Corporation (TSE:6365) announces an Equity Buyback for 107,000 shares, representing 2.52% for ¥403.39 million. DMW Corporation (TSE:6365) announces an share repurchase program. Under the program the company will repurchase 107,000 shares, representing 2.52% of the outstanding shares, at ¥3,770 per share for ¥403.39 million. The purpose of the program is to enhance capital efficiency and to enable the implementation of a flexible capital policy in response to changes in the business environment. As of September 30, 2024, the company had 4,239,982 shares outstanding (excluding treasury stock) and 536,918 shares in treasury. Announcement • Dec 03
DMW Corporation to Report Q3, 2025 Results on Feb 14, 2025 DMW Corporation announced that they will report Q3, 2025 results on Feb 14, 2025 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). Announcement • Sep 12
DMW Corporation to Report Q2, 2025 Results on Nov 14, 2024 DMW Corporation announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: JP¥26.66 loss per share (vs JP¥17.00 loss in 1Q 2024) First quarter 2025 results: JP¥26.66 loss per share (further deteriorated from JP¥17.00 loss in 1Q 2024). Revenue: JP¥4.58b (up 16% from 1Q 2024). Net loss: JP¥113.0m (loss widened 57% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.0b (US$98.4m) 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 Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥14.0b market cap, or US$98.4m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,305, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 11x in the Machinery industry in Japan. Total loss to shareholders of 5.5% over the past three years. Announcement • Jun 29
DMW Corporation to Report Q1, 2025 Results on Aug 09, 2024 DMW Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jun 28
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • Jun 26
DMW Corporation, Annual General Meeting, Jun 27, 2024 DMW Corporation, Annual General Meeting, Jun 27, 2024. Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: JP¥413 (vs JP¥442 in FY 2023) Full year 2024 results: EPS: JP¥413 (down from JP¥442 in FY 2023). Revenue: JP¥24.1b (flat on FY 2023). Net income: JP¥1.75b (down 6.5% from FY 2023). Profit margin: 7.3% (down from 7.8% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • May 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$100.0m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • May 01
Third quarter 2024 earnings released: EPS: JP¥77.83 (vs JP¥93.53 in 3Q 2023) Third quarter 2024 results: EPS: JP¥77.83 (down from JP¥93.53 in 3Q 2023). Revenue: JP¥4.86b (flat on 3Q 2023). Net income: JP¥330.0m (down 17% from 3Q 2023). Profit margin: 6.8% (down from 8.1% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Announcement • Nov 27
DMW Corporation to Report Q3, 2024 Results on Feb 14, 2024 DMW Corporation announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 19
Second quarter 2024 earnings released: EPS: JP¥46.73 (vs JP¥24.32 in 2Q 2023) Second quarter 2024 results: EPS: JP¥46.73 (up from JP¥24.32 in 2Q 2023). Revenue: JP¥4.67b (down 6.2% from 2Q 2023). Net income: JP¥198.0m (up 92% from 2Q 2023). Profit margin: 4.2% (up from 2.1% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. New Risk • Nov 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.1b (US$100.0m) 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. This is currently the only risk that has been identified for the company. Announcement • Sep 23
DMW Corporation to Report Q2, 2024 Results on Nov 14, 2023 DMW Corporation announced that they will report Q2, 2024 results on Nov 14, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥52.50 per share at 3.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 December 2023. Payout ratio is a comfortable 29% and the cash payout ratio is 78%. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Reported Earnings • Aug 10
First quarter 2024 earnings released: JP¥17.00 loss per share (vs JP¥3.31 profit in 1Q 2023) First quarter 2024 results: JP¥17.00 loss per share (down from JP¥3.31 profit in 1Q 2023). Revenue: JP¥3.95b (up 4.3% from 1Q 2023). Net loss: JP¥72.0m (down JP¥86.0m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. New Risk • Aug 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.3b (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. This is currently the only risk that has been identified for the company. Announcement • Jun 28
DMW Corporation to Report Q1, 2024 Results on Aug 09, 2023 DMW Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥442 (vs JP¥444 in FY 2022) Full year 2023 results: EPS: JP¥442 (down from JP¥444 in FY 2022). Revenue: JP¥23.9b (up 4.6% from FY 2022). Net income: JP¥1.87b (flat on FY 2022). Profit margin: 7.8% (down from 8.2% in FY 2022). The decrease in margin was driven by higher expenses. 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 12% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥72.50 per share at 3.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 18
Third quarter 2023 earnings released: EPS: JP¥93.53 (vs JP¥62.16 in 3Q 2022) Third quarter 2023 results: EPS: JP¥93.53 (up from JP¥62.16 in 3Q 2022). Revenue: JP¥4.88b (up 6.6% from 3Q 2022). Net income: JP¥396.0m (up 51% from 3Q 2022). Profit margin: 8.1% (up from 5.7% 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 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
DMW Corporation to Report Q3, 2023 Results on Feb 14, 2023 DMW Corporation announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: JP¥24.31 (vs JP¥10.16 in 2Q 2022) Second quarter 2023 results: EPS: JP¥24.31 (up from JP¥10.16 in 2Q 2022). Revenue: JP¥4.98b (up 24% from 2Q 2022). Net income: JP¥103.0m (up 140% from 2Q 2022). Profit margin: 2.1% (up from 1.1% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Tomomasa Sumida was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 13 December 2022. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥3.31 (vs JP¥2.13 in 1Q 2022) First quarter 2023 results: EPS: JP¥3.31 (up from JP¥2.13 in 1Q 2022). Revenue: JP¥3.79b (up 6.8% from 1Q 2022). Net income: JP¥14.0m (up 56% from 1Q 2022). Profit margin: 0.4% (up from 0.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Jul 01
DMW Corporation to Report Q1, 2023 Results on Aug 09, 2022 DMW Corporation announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥444 (vs JP¥471 in FY 2021) Full year 2022 results: EPS: JP¥444 (down from JP¥471 in FY 2021). Revenue: JP¥22.8b (up 4.9% from FY 2021). Net income: JP¥1.88b (down 6.3% from FY 2021). Profit margin: 8.2% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. 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 15% per year, which means it is significantly lagging earnings growth. Announcement • May 15
DMW Corporation, Annual General Meeting, Jun 29, 2023 DMW Corporation, Annual General Meeting, Jun 29, 2023. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Outside Director Tomomasa Sumida was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
DMW Corporation to Report Fiscal Year 2022 Results on May 13, 2022 DMW Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥62.13 (up from JP¥32.40 in 3Q 2021). Revenue: JP¥4.58b (up 17% from 3Q 2021). Net income: JP¥263.0m (up 92% from 3Q 2021). Profit margin: 5.7% (up from 3.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS JP¥10.16 (vs JP¥23.75 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¥4.03b (up 14% from 2Q 2021). Net income: JP¥43.0m (down 57% from 2Q 2021). Profit margin: 1.1% (down from 2.9% in 2Q 2021). The decrease in margin was driven by higher expenses. 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 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 14 December 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥471 (vs JP¥296 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥21.8b (up 11% from FY 2020). Net income: JP¥2.00b (up 58% from FY 2020). Profit margin: 9.2% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Mar 21
DMW Corporation to Report Fiscal Year 2021 Results on May 14, 2021 DMW Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥32.38 (vs JP¥3.49 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.93b (up 51% from 3Q 2020). Net income: JP¥137.0m (up JP¥152.0m from 3Q 2020). Profit margin: 3.5% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. 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 22% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 12
New 90-day high: JP¥4,330 The company is up 34% from its price of JP¥3,240 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: JP¥4,020 The company is up 28% from its price of JP¥3,130 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. Announcement • Dec 05
DMW Corporation to Report Q3, 2021 Results on Feb 12, 2021 DMW Corporation announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 04
New 90-day high: JP¥3,580 The company is up 20% from its price of JP¥2,980 on 04 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 18% over the same period. Announcement • Sep 04
DMW Corporation to Report Q2, 2021 Results on Nov 13, 2020 DMW Corporation announced that they will report Q2, 2021 results on Nov 13, 2020