Announcement • May 30
Sinko Industries Ltd. to Report Q1, 2027 Results on Aug 06, 2026 Sinko Industries Ltd. announced that they will report Q1, 2027 results on Aug 06, 2026 Reported Earnings • May 18
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥99.59 (down from JP¥108 in FY 2025). Revenue: JP¥59.3b (up 4.1% from FY 2025). Net income: JP¥6.83b (down 13% from FY 2025). Profit margin: 12% (down from 14% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.0%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Building 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 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Sinko Industries Ltd., Annual General Meeting, Jun 24, 2026 Sinko Industries Ltd., Annual General Meeting, Jun 24, 2026. Announcement • May 10
Sinko Industries Ltd. to Report Fiscal Year 2026 Results on May 14, 2026 Sinko Industries Ltd. announced that they will report fiscal year 2026 results on May 14, 2026 Buy Or Sell Opportunity • Mar 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to JP¥1,197. The fair value is estimated to be JP¥1,503, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 8.4% in 2 years. Earnings are forecast to grow by 21% in the next 2 years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥26.17 (vs JP¥33.04 in 3Q 2025) Third quarter 2026 results: EPS: JP¥26.17 (down from JP¥33.04 in 3Q 2025). Revenue: JP¥14.8b (flat on 3Q 2025). Net income: JP¥1.78b (down 25% from 3Q 2025). Profit margin: 12% (down from 16% in 3Q 2025). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 09
First half dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 21% 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 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 29
Sinko Industries Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Sinko Industries Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥18.88 (vs JP¥21.57 in 2Q 2025) Second quarter 2026 results: EPS: JP¥18.88 (down from JP¥21.57 in 2Q 2025). Revenue: JP¥13.7b (up 8.8% from 2Q 2025). Net income: JP¥1.30b (down 18% from 2Q 2025). Profit margin: 9.5% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 26
Sinko Industries Ltd. to Report Q2, 2026 Results on Nov 13, 2025 Sinko Industries Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥18.78 (vs JP¥21.14 in 1Q 2025) First quarter 2026 results: EPS: JP¥18.78 (down from JP¥21.14 in 1Q 2025). Revenue: JP¥12.2b (up 4.9% from 1Q 2025). Net income: JP¥1.31b (down 16% from 1Q 2025). Profit margin: 11% (down from 13% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 4.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (143% 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 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 29
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥108 (up from JP¥88.36 in FY 2024). Revenue: JP¥57.0b (up 9.7% from FY 2024). Net income: JP¥7.83b (up 19% from FY 2024). Profit margin: 14% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year and the company’s share price has also increased by 30% per year. Announcement • Jun 26
Sinko Industries Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Sinko Industries Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 20
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥108 (up from JP¥88.36 in FY 2024). Revenue: JP¥57.0b (up 9.7% from FY 2024). Net income: JP¥7.83b (up 19% from FY 2024). Profit margin: 14% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
Sinko Industries Ltd., Annual General Meeting, Jun 25, 2025 Sinko Industries Ltd., Annual General Meeting, Jun 25, 2025. Announcement • Mar 26
Sinko Industries Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Sinko Industries Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥32.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 25 June 2025. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Buy Or Sell Opportunity • Mar 14
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.1% to JP¥1,273. The fair value is estimated to be JP¥1,058, 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 28%. Revenue is forecast to grow by 8.1% in 2 years. Earnings are forecast to grow by 5.3% in the next 2 years. Buy Or Sell Opportunity • Feb 12
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 4.7% to JP¥1,295. The fair value is estimated to be JP¥1,062, 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 28%. Revenue is forecast to grow by 9.0% in 2 years. Earnings are forecast to grow by 5.3% in the next 2 years. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥33.04 (vs JP¥28.70 in 3Q 2024) Third quarter 2025 results: EPS: JP¥33.04 (up from JP¥28.70 in 3Q 2024). Revenue: JP¥14.9b (up 6.5% from 3Q 2024). Net income: JP¥2.39b (up 12% from 3Q 2024). Profit margin: 16% (in line with 3Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 27% per year. Announcement • Dec 06
Sinko Industries Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Sinko Industries Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Dec 04
First half dividend of JP¥32.00 announced Shareholders will receive a dividend of JP¥32.00. Ex-date: 28th March 2025 Payment date: 25th June 2025 Dividend yield will be 6.5%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (108% 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 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: JP¥64.71 (vs JP¥52.99 in 2Q 2024) Second quarter 2025 results: EPS: JP¥64.71 (up from JP¥52.99 in 2Q 2024). Revenue: JP¥12.6b (up 1.1% from 2Q 2024). Net income: JP¥1.58b (up 20% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year and the company’s share price has also increased by 24% per year. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥3,710, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Building industry in Japan. Total returns to shareholders of 110% over the past three years. New Risk • Nov 13
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 6.5% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Nov 13
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.4% to JP¥3,830. The fair value is estimated to be JP¥5,319, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 19% in the next 2 years. Buy Or Sell Opportunity • Oct 25
Now 20% undervalued Over the last 90 days, the stock has risen 13% to JP¥4,290. The fair value is estimated to be JP¥5,368, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 19% in the next 2 years. Announcement • Sep 27
Sinko Industries Ltd. to Report Q2, 2025 Results on Nov 12, 2024 Sinko Industries Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.5%). Upcoming Dividend • Sep 20
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.5%). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥3,190, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Building industry in Japan. Total returns to shareholders of 65% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.7%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 21% 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 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 29
Sinko Industries Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Sinko Industries Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • Jun 28
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥265 (up from JP¥179 in FY 2023). Revenue: JP¥51.9b (up 16% from FY 2023). Net income: JP¥6.58b (up 46% from FY 2023). Profit margin: 13% (up from 10% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 18
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥265 (up from JP¥179 in FY 2023). Revenue: JP¥51.9b (up 16% from FY 2023). Net income: JP¥6.58b (up 46% from FY 2023). Profit margin: 13% (up from 10% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Building industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
Sinko Industries Ltd., Annual General Meeting, Jun 24, 2024 Sinko Industries Ltd., Annual General Meeting, Jun 24, 2024. Announcement • May 15
Sinko Industries Ltd. (TSE:6458) announces an Equity Buyback for 1,200,000 shares, representing 4.8% for ¥3,300 million. Sinko Industries Ltd. (TSE:6458) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 4.8% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,300 million. The purpose of the program is to strengthen shareholder returns. The program will be valid till March 31, 2025. As of March 31, 2024, the company had 24,985,157 shares outstanding (excluding treasury shares) and 2,227,106 shares in its treasury. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.1%). Buy Or Sell Opportunity • Mar 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to JP¥3,610. The fair value is estimated to be JP¥2,980, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 18% in the next 2 years. Announcement • Mar 02
Sinko Industries Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Sinko Industries Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥86.08 (vs JP¥49.67 in 3Q 2023) Third quarter 2024 results: EPS: JP¥86.08 (up from JP¥49.67 in 3Q 2023). Revenue: JP¥14.0b (up 11% from 3Q 2023). Net income: JP¥2.13b (up 70% from 3Q 2023). Profit margin: 15% (up from 9.9% in 3Q 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 4.0% growth forecast for the Building 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 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 09
Sinko Industries Ltd. Provides Dividend Guidance for the Year Ending March 31, 2024 Sinko Industries Ltd. provided dividend guidance for the year ending March 31, 2024 of ¥50.00 per share against ¥37.00 per share. Announcement • Dec 14
Sinko Industries Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Sinko Industries Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: JP¥52.99 (vs JP¥31.69 in 2Q 2023) Second quarter 2024 results: EPS: JP¥52.99 (up from JP¥31.69 in 2Q 2023). Revenue: JP¥12.4b (up 24% from 2Q 2023). Net income: JP¥1.31b (up 64% from 2Q 2023). Profit margin: 11% (up from 8.0% 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 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥25.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). Announcement • Aug 27
Sinko Industries Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Sinko Industries Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥30.26 (vs JP¥18.50 in 1Q 2023) First quarter 2024 results: EPS: JP¥30.26 (up from JP¥18.50 in 1Q 2023). Revenue: JP¥9.88b (up 25% from 1Q 2023). Net income: JP¥757.0m (up 61% from 1Q 2023). Profit margin: 7.7% (up from 5.9% in 1Q 2023). The increase in margin was driven by higher revenue. 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 12% per year, which means it is well ahead of earnings. Announcement • May 28
Sinko Industries Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Sinko Industries Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥179 (vs JP¥159 in FY 2022) Full year 2023 results: EPS: JP¥179 (up from JP¥159 in FY 2022). Revenue: JP¥44.8b (up 6.8% from FY 2022). Net income: JP¥4.51b (up 10% from FY 2022). Profit margin: 10% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • May 14
Sinko Industries Ltd. (TSE:6458) announces an Equity Buyback for 500,000 shares, representing 1.96% for ¥1,100 million. Sinko Industries Ltd. (TSE:6458) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.96% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,100 million. The purpose of the program is to carry out agile capital policies that respond to changes in the business environment. The program will be valid till July 31, 2023. As of March 31, 2023, the company had 25,470,589 shares outstanding (excluding treasury shares) and 1,741,674 shares in its treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 19% 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 (1.9%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥49.66 (vs JP¥44.95 in 3Q 2022) Third quarter 2023 results: EPS: JP¥49.66 (up from JP¥44.95 in 3Q 2022). Revenue: JP¥12.6b (up 16% from 3Q 2022). Net income: JP¥1.25b (up 8.5% from 3Q 2022). Profit margin: 9.9% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Dec 28
Sinko Industries Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Sinko Industries Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥31.69 (vs JP¥34.13 in 2Q 2022) Second quarter 2023 results: EPS: JP¥31.69 (down from JP¥34.13 in 2Q 2022). Revenue: JP¥9.98b (up 3.0% from 2Q 2022). Net income: JP¥800.0m (down 9.3% from 2Q 2022). Profit margin: 8.0% (down from 9.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Announcement • Aug 28
Sinko Industries Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Sinko Industries Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥18.50 (vs JP¥21.17 in 1Q 2022) First quarter 2023 results: EPS: JP¥18.50 (down from JP¥21.17 in 1Q 2022). Revenue: JP¥7.94b (flat on 1Q 2022). Net income: JP¥470.0m (down 14% from 1Q 2022). Profit margin: 5.9% (down from 6.9% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jun 29
Sinko Industries Ltd. to Report Q1, 2023 Results on Aug 09, 2022 Sinko Industries Ltd. announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥159 (vs JP¥194 in FY 2021) Full year 2022 results: EPS: JP¥159 (down from JP¥194 in FY 2021). Revenue: JP¥42.0b (up 7.1% from FY 2021). Net income: JP¥4.10b (down 18% from FY 2021). Profit margin: 9.8% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 3% per year. Announcement • May 14
Sinko Industries Ltd., Annual General Meeting, Jun 24, 2022 Sinko Industries Ltd., Annual General Meeting, Jun 24, 2022. Announcement • Apr 08
Sinko Industries Ltd. to Report Fiscal Year 2022 Results on May 12, 2022 Sinko Industries Ltd. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥44.94 (down from JP¥53.21 in 3Q 2021). Revenue: JP¥10.9b (up 8.8% from 3Q 2021). Net income: JP¥1.16b (down 16% from 3Q 2021). Profit margin: 11% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 9.1%. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥34.12 (vs JP¥36.96 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¥9.68b (up 14% from 2Q 2021). Net income: JP¥882.0m (down 7.6% from 2Q 2021). Profit margin: 9.1% (down from 11% 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 4% per year whereas the company’s share price has increased by 7% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥21.17 (vs JP¥29.95 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥7.89b (up 9.4% from 1Q 2021). Net income: JP¥547.0m (down 29% from 1Q 2021). Profit margin: 6.9% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥194 (vs JP¥230 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥39.2b (down 12% from FY 2020). Net income: JP¥5.02b (down 16% from FY 2020). Profit margin: 13% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. 
