Reported Earnings • Aug 07
First quarter 2027 earnings released: EPS: JP¥74.71 (vs JP¥65.95 in 1Q 2026) First quarter 2027 results: EPS: JP¥74.71 (up from JP¥65.95 in 1Q 2026). Revenue: JP¥35.0b (up 5.4% from 1Q 2026). Net income: JP¥3.00b (up 13% from 1Q 2026). Profit margin: 8.6% (up from 8.0% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% 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 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jul 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.6% to JP¥3,310. The fair value is estimated to be JP¥4,159, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 8.6%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period. Announcement • Jun 30
Galilei Co. Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Galilei Co. Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 05
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: JP¥307 (up from JP¥300 in FY 2025). Revenue: JP¥138.6b (up 6.1% from FY 2025). Net income: JP¥12.3b (up 2.4% from FY 2025). Profit margin: 8.9% (down from 9.2% in FY 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 2.4%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 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 9% per year whereas the company’s share price has increased by 12% per year. Announcement • May 01
Galilei Co. Ltd., Annual General Meeting, Jun 26, 2026 Galilei Co. Ltd., Annual General Meeting, Jun 26, 2026. Announcement • Apr 22
Galilei Co. Ltd. to Report Fiscal Year 2026 Results on May 01, 2026 Galilei Co. Ltd. announced that they will report fiscal year 2026 results on May 01, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥81.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥77.87 (vs JP¥87.23 in 3Q 2025) Third quarter 2026 results: EPS: JP¥77.87 (down from JP¥87.23 in 3Q 2025). Revenue: JP¥33.6b (flat on 3Q 2025). Net income: JP¥3.12b (down 11% from 3Q 2025). Profit margin: 9.3% (down from 10% in 3Q 2025). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.3% 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 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 27
Galilei Co. Ltd. to Report Q3, 2026 Results on Feb 04, 2026 Galilei Co. Ltd. announced that they will report Q3, 2026 results on Feb 04, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥78.08 (vs JP¥64.32 in 2Q 2025) Second quarter 2026 results: EPS: JP¥78.08 (up from JP¥64.32 in 2Q 2025). Revenue: JP¥34.8b (up 7.5% from 2Q 2025). Net income: JP¥3.13b (up 22% from 2Q 2025). Profit margin: 9.0% (up from 8.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% 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 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Nov 15
Dividend of JP¥81.00 announced Shareholders will receive a dividend of JP¥81.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (178% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Sep 05
Galilei Co. Ltd. to Report Q2, 2026 Results on Nov 13, 2025 Galilei Co. Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥65.95 (vs JP¥64.69 in 1Q 2025) First quarter 2026 results: EPS: JP¥65.95 (up from JP¥64.69 in 1Q 2025). Revenue: JP¥33.2b (up 16% from 1Q 2025). Net income: JP¥2.64b (up 2.0% from 1Q 2025). Profit margin: 8.0% (down from 9.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% 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 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. Reported Earnings • Jun 29
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥300 (down from JP¥308 in FY 2024). Revenue: JP¥130.6b (up 13% from FY 2024). Net income: JP¥12.0b (down 2.4% from FY 2024). Profit margin: 9.2% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 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 18% per year whereas the company’s share price has increased by 21% per year. Announcement • Jun 26
Galilei Co. Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Galilei Co. Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 New Risk • May 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • May 08
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥304 (down from JP¥308 in FY 2024). Revenue: JP¥130.6b (up 13% from FY 2024). Net income: JP¥12.2b (down 1.0% from FY 2024). Profit margin: 9.3% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. 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 18% per year. Announcement • May 07
Galilei Co. Ltd., Annual General Meeting, Jun 26, 2025 Galilei Co. Ltd., Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥52.50 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.1%). Announcement • Mar 05
Fukushima Galilei Co.Ltd. to Report Fiscal Year 2025 Results on May 07, 2025 Fukushima Galilei Co.Ltd. announced that they will report fiscal year 2025 results on May 07, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: JP¥33.9b (up 10% from 3Q 2024). Net income: JP¥3.50b (up 1.1% from 3Q 2024). Profit margin: 10% (in line with 3Q 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Announcement • Jan 17
Fukushima Galilei Co.Ltd. to Report Q3, 2025 Results on Feb 13, 2025 Fukushima Galilei 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¥129 (vs JP¥133 in 2Q 2024) Second quarter 2025 results: EPS: JP¥129 (down from JP¥133 in 2Q 2024). Revenue: JP¥32.4b (up 17% from 2Q 2024). Net income: JP¥2.58b (down 3.3% from 2Q 2024). Profit margin: 8.0% (down from 9.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% 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 16% 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 • Nov 15
Dividend of JP¥105 announced Dividend of JP¥105 is the same as last year. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 6.1% over the next 3 years. However, it would need to fall by 81% to increase the payout ratio to a potentially unsustainable range. New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% 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 2.0% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Announcement • Sep 12
Fukushima Galilei Co.Ltd. to Report Q2, 2025 Results on Nov 13, 2024 Fukushima Galilei Co.Ltd. announced that they will report Q2, 2025 results on Nov 13, 2024 New Risk • Sep 06
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. 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¥5,570, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 25% over the past three years. Announcement • Jun 29
Fukushima Galilei Co.Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Fukushima Galilei Co.Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Announcement • May 10
Fukushima Galilei Co.Ltd., Annual General Meeting, Jun 26, 2024 Fukushima Galilei Co.Ltd., Annual General Meeting, Jun 26, 2024. New Risk • May 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • May 09
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥616 (up from JP¥432 in FY 2023). Revenue: JP¥115.8b (up 10% from FY 2023). Net income: JP¥12.3b (up 42% from FY 2023). Profit margin: 11% (up from 8.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 20%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 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 16% per year whereas the company’s share price has increased by 15% per year. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥73.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.9%). Announcement • Mar 09
Fukushima Galilei Co.Ltd. to Report Fiscal Year 2024 Results on May 08, 2024 Fukushima Galilei Co.Ltd. announced that they will report fiscal year 2024 results on May 08, 2024 Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: JP¥174 (vs JP¥97.49 in 3Q 2023) Third quarter 2024 results: EPS: JP¥174 (up from JP¥97.49 in 3Q 2023). Revenue: JP¥30.7b (up 9.6% from 3Q 2023). Net income: JP¥3.46b (up 77% from 3Q 2023). Profit margin: 11% (up from 7.0% in 3Q 2023). 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 4.2% 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 9% per year, which means it is significantly lagging earnings growth. Announcement • Dec 21
Fukushima Galilei Co.Ltd. to Report Q3, 2024 Results on Feb 13, 2024 Fukushima Galilei Co.Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 15
Second quarter 2024 earnings released: EPS: JP¥133 (vs JP¥115 in 2Q 2023) Second quarter 2024 results: EPS: JP¥133 (up from JP¥115 in 2Q 2023). Revenue: JP¥27.7b (up 9.2% from 2Q 2023). Net income: JP¥2.67b (up 16% from 2Q 2023). Profit margin: 9.6% (in line with 2Q 2023). Revenue is forecast to grow 2.9% 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 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Sep 21
Fukushima Galilei Co.Ltd. (TSE:6420) announces an Equity Buyback for 200,000 shares, representing 1% for ¥1,040 million. Fukushima Galilei Co.Ltd. (TSE:6420) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1% of its issued share capital, for ¥1,040 million. The shares will be repurchased at a price of ¥5,200 per share. The purpose of the program is to improve shareholder returns and capital efficiency. As of June 30, 2023, the company had 20,063,091 issued shares (excluding treasury stock) and 2,003,069 treasury shares. Announcement • Aug 30
Fukushima Galilei Co.Ltd. to Report Q2, 2024 Results on Nov 13, 2023 Fukushima Galilei Co.Ltd. announced that they will report Q2, 2024 results on Nov 13, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥131 (vs JP¥78.96 in 1Q 2023) First quarter 2024 results: EPS: JP¥131 (up from JP¥78.96 in 1Q 2023). Revenue: JP¥25.8b (up 12% from 1Q 2023). Net income: JP¥2.64b (up 67% from 1Q 2023). Profit margin: 10% (up from 6.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
Fukushima Galilei Co.Ltd. to Report Q1, 2024 Results on Aug 09, 2023 Fukushima Galilei Co.Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023 Price Target Changed • May 26
Price target increased by 28% to JP¥6,000 Up from JP¥4,700, the current price target is provided by 1 analyst. New target price is 17% above last closing price of JP¥5,140. Stock is up 56% over the past year. The company is forecast to post earnings per share of JP¥411 for next year compared to JP¥432 last year. Reported Earnings • May 12
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥432 (up from JP¥408 in FY 2022). Revenue: JP¥105.0b (up 9.3% from FY 2022). Net income: JP¥8.65b (up 5.9% from FY 2022). Profit margin: 8.2% (down from 8.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Revenue is forecast to grow 3.1% 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 16% per year whereas the company’s share price has increased by 19% per year. Announcement • May 11
Fukushima Galilei Co.Ltd., Annual General Meeting, Jun 27, 2023 Fukushima Galilei Co.Ltd., Annual General Meeting, Jun 27, 2023. Buying Opportunity • May 11
Now 20% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be JP¥6,593, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 7.6% in 2 years. Earnings is forecast to grow by 1.6% in the next 2 years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%). Reported Earnings • Feb 17
Third quarter 2023 earnings released: EPS: JP¥97.49 (vs JP¥77.61 in 3Q 2022) Third quarter 2023 results: EPS: JP¥97.49 (up from JP¥77.61 in 3Q 2022). Revenue: JP¥28.0b (up 13% from 3Q 2022). Net income: JP¥1.96b (up 26% from 3Q 2022). Profit margin: 7.0% (up from 6.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% 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 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Dec 21
Fukushima Galilei Co.Ltd. to Report Q3, 2023 Results on Feb 14, 2023 Fukushima Galilei Co.Ltd. announced that they will report Q3, 2023 results on Feb 14, 2023 Major Estimate Revision • Nov 21
Consensus EPS estimates increase by 20% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥98.0b to JP¥99.0b. EPS estimate increased from JP¥329 to JP¥394 per share. Net income forecast to grow 5.1% next year vs 7.5% growth forecast for Machinery industry in Japan. Consensus price target up from JP¥3,700 to JP¥4,700. Share price rose 7.9% to JP¥4,240 over the past week. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥115 (vs JP¥115 in 2Q 2022) Second quarter 2023 results: EPS: JP¥115 (down from JP¥115 in 2Q 2022). Revenue: JP¥25.4b (up 2.8% from 2Q 2022). Net income: JP¥2.30b (flat on 2Q 2022). Profit margin: 9.1% (down from 9.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% 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 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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. 5 highly experienced directors. 3 independent directors (9 non-independent directors). GM of Administration Division, Head of General Affairs Department & Director Tatsuo Hino was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Oct 14
Fukushima Galilei Co.Ltd. to Report Q2, 2023 Results on Nov 14, 2022 Fukushima Galilei Co.Ltd. announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥78.96 (vs JP¥102 in 1Q 2022) First quarter 2023 results: EPS: JP¥78.96 (down from JP¥102 in 1Q 2022). Revenue: JP¥23.1b (up 3.3% from 1Q 2022). Net income: JP¥1.58b (down 22% from 1Q 2022). Profit margin: 6.9% (down from 9.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.2%, compared to a 9.2% growth forecast for the industry in Japan. 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 9% per year. Announcement • Jul 08
Fukushima Galilei Co.Ltd. to Report Q1, 2023 Results on Aug 10, 2022 Fukushima Galilei Co.Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022 Major Estimate Revision • Jul 01
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥96.0b to JP¥98.0b. EPS estimate fell from JP¥394 to JP¥329 per share. Net income forecast to shrink 19% next year vs 6.9% growth forecast for Machinery industry in Japan . Consensus price target down from JP¥4,500 to JP¥3,600. Share price rose 8.8% to JP¥3,455 over the past week. Reported Earnings • May 16
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥408 (up from JP¥314 in FY 2021). Revenue: JP¥96.1b (up 17% from FY 2021). Net income: JP¥8.17b (up 30% from FY 2021). Profit margin: 8.5% (up from 7.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Over the next year, revenue is forecast to stay flat compared to a 7.8% growth forecast for the 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 only increased by 1% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target decreased to JP¥4,500 Down from JP¥5,000, the current price target is provided by 1 analyst. New target price is 24% above last closing price of JP¥3,640. Stock is down 9.8% over the past year. The company is forecast to post earnings per share of JP¥379 for next year compared to JP¥314 last year. 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. 5 highly experienced directors. 3 independent directors (8 non-independent directors). GM of Administration Division, Head of General Affairs Department & Director Tatsuo Hino was the last director to join the board, commencing their role in 2017. 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
Fukushima Galilei Co.Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Fukushima Galilei Co.Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥53.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.0%). Reported Earnings • Feb 12
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥77.61 (up from JP¥38.98 in 3Q 2021). Revenue: JP¥24.7b (up 20% from 3Q 2021). Net income: JP¥1.56b (up 99% from 3Q 2021). Profit margin: 6.3% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Over the next year, revenue is forecast to stay flat compared to a 8.1% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year. Announcement • Feb 11
Fukushima Galilei Co. Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022 Fukushima Galilei Co. Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the full year, the company expected Net sales of JPY 92,755 million, Operating profit JPY 9,966 million, Profit attributable to owners of parent of JPY 7,590 million, Basic earnings per share of JPY 378.86. Buying Opportunity • Feb 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.5%. The fair value is estimated to be JP¥5,269, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 2.8% per annum over the last 3 years. Buying Opportunity • Jan 17
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 5.7%. The fair value is estimated to be JP¥5,693, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 2.8% per annum over the last 3 years. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥115 (vs JP¥89.59 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥24.7b (up 13% from 2Q 2021). Net income: JP¥2.31b (up 29% from 2Q 2021). Profit margin: 9.4% (up from 8.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS JP¥102 (vs JP¥21.56 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥22.3b (up 39% from 1Q 2021). Net income: JP¥2.04b (up 371% from 1Q 2021). Profit margin: 9.1% (up from 2.7% in 1Q 2021). 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 2% per year. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥314 (vs JP¥311 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥82.5b (down 5.0% from FY 2020). Net income: JP¥6.30b (up 1.2% from FY 2020). Profit margin: 7.6% (up from 7.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 3% per year. Is New 90 Day High Low • Feb 15
New 90-day low: JP¥4,245 The company is down 2.0% from its price of JP¥4,350 on 17 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 15% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥38.98 (vs JP¥63.04 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥20.6b (up 1.1% from 3Q 2020). Net income: JP¥781.0m (down 38% from 3Q 2020). Profit margin: 3.8% (down from 6.2% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 2% per year. Announcement • Dec 25
Fukushima Galilei Co.Ltd. to Report Q3, 2021 Results on Feb 10, 2021 Fukushima Galilei Co.Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021 Price Target Changed • Dec 01
Price target raised to JP¥4,400 Up from JP¥4,000, the current price target is provided by 1 analyst. The new target price is close to the current share price of JP¥4,505. As of last close, the stock is up 28% over the past year. 
