Announcement • Jun 23
Sinfonia Technology Co.,Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Sinfonia Technology Co.,Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥15,550, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 868% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,230 per share. Reported Earnings • May 17
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥514 (up from JP¥429 in FY 2025). Revenue: JP¥128.2b (up 7.6% from FY 2025). Net income: JP¥14.5b (up 20% from FY 2025). Profit margin: 11% (up from 10% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 110% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Sinfonia Technology Co.,Ltd., Annual General Meeting, Jun 26, 2026 Sinfonia Technology Co.,Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 10
Sinfonia Technology Co.,Ltd. to Report Fiscal Year 2026 Results on May 14, 2026 Sinfonia Technology Co.,Ltd. announced that they will report fiscal year 2026 results on May 14, 2026 Price Target Changed • Apr 16
Price target increased by 26% to JP¥13,367 Up from JP¥10,600, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥14,040. Stock is up 144% over the past year. The company is forecast to post earnings per share of JP¥431 for next year compared to JP¥429 last year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥12,180, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 713% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,770 per share. Buy Or Sell Opportunity • Apr 01
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to JP¥11,370. The fair value is estimated to be JP¥8,724, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥120 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥10,680, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Electrical industry in Japan. Total returns to shareholders of 586% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,231 per share. Announcement • Feb 19
Next Generation Technology Group Inc. (TSE:319A) agreed to acquire Osaki Electric Clutch And Brake Co., Ltd. Next Generation Technology Group Inc. (TSE:319A) agreed to acquire Osaki Electric Clutch And Brake Co., Ltd. on February 19, 2026.
For the period ending March 31, 2025, Osaki Electric Clutch And Brake Co., Ltd. reported total revenue of ¥1.18 billion, EBIT of ¥86 million and net income of ¥58 million. As of March 31, 2025, Osaki Electric Clutch And Brake Co., Ltd. reported total assets of ¥1.06 billion and total common equity of ¥755 million.
The expected completion of the transaction is March 31, 2026. Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥88.78 (vs JP¥86.84 in 3Q 2025) Third quarter 2026 results: EPS: JP¥88.78 (up from JP¥86.84 in 3Q 2025). Revenue: JP¥26.6b (down 1.5% from 3Q 2025). Net income: JP¥2.51b (up 2.2% from 3Q 2025). Profit margin: 9.4% (up from 9.1% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jan 13
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 7.1% to JP¥10,800. The fair value is estimated to be JP¥8,316, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Announcement • Dec 18
Sinfonia Technology Co.,Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Sinfonia Technology Co.,Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥9,650, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Electrical industry in Japan. Total returns to shareholders of 612% over the past three years. Declared Dividend • Nov 09
Dividend of JP¥120 announced Shareholders will receive a dividend of JP¥120. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥103 (vs JP¥87.88 in 2Q 2025) Second quarter 2026 results: EPS: JP¥103 (up from JP¥87.88 in 2Q 2025). Revenue: JP¥32.8b (up 8.2% from 2Q 2025). Net income: JP¥2.90b (up 17% from 2Q 2025). Profit margin: 8.8% (up from 8.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥9,190, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Electrical industry in Japan. Total returns to shareholders of 629% over the past three years. Announcement • Sep 01
Sinfonia Technology Co.,Ltd. to Report Q2, 2026 Results on Nov 07, 2025 Sinfonia Technology Co.,Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥58.63 (vs JP¥63.84 in 1Q 2025) First quarter 2026 results: EPS: JP¥58.63 (down from JP¥63.84 in 1Q 2025). Revenue: JP¥23.0b (up 7.3% from 1Q 2025). Net income: JP¥1.65b (down 8.1% from 1Q 2025). Profit margin: 7.2% (down from 8.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥9,920, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 711% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,339 per share. Announcement • Jun 13
Sinfonia Technology Co.,Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Sinfonia Technology Co.,Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Major Estimate Revision • Jun 10
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥122.8b to JP¥127.7b. EPS estimate increased from JP¥406 to JP¥460 per share. Net income forecast to grow 7.3% next year vs 6.7% growth forecast for Electrical industry in Japan. Consensus price target up from JP¥9,000 to JP¥9,250. Share price rose 3.3% to JP¥8,760 over the past week. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥7,840, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 521% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥8,133 per share. Reported Earnings • May 15
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥429 (up from JP¥266 in FY 2024). Revenue: JP¥119.2b (up 16% from FY 2024). Net income: JP¥12.1b (up 61% from FY 2024). Profit margin: 10% (up from 7.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 07
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: 2.2% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥5,190, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 345% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,976 per share. Buy Or Sell Opportunity • Mar 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.6% to JP¥6,290. The fair value is estimated to be JP¥7,871, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥95.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.9%). Announcement • Mar 20
Sinfonia Technology Co.,Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Sinfonia Technology Co.,Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Buy Or Sell Opportunity • Mar 11
Now 23% undervalued Over the last 90 days, the stock has risen 2.5% to JP¥6,070. The fair value is estimated to be JP¥7,854, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥6,970, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 507% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥6,846 per share. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥86.84 (vs JP¥44.09 in 3Q 2024) Third quarter 2025 results: EPS: JP¥86.84 (up from JP¥44.09 in 3Q 2024). Revenue: JP¥27.0b (up 24% from 3Q 2024). Net income: JP¥2.45b (up 97% from 3Q 2024). Profit margin: 9.1% (up from 5.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Electrical 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 71% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥6,740, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Electrical industry in Japan. Total returns to shareholders of 549% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥7,440 per share. Major Estimate Revision • Jan 11
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥108.6b to JP¥113.3b. EPS estimate increased from JP¥337 to JP¥376 per share. Net income forecast to grow 19% next year vs 3.4% growth forecast for Electrical industry in Japan. Consensus price target of JP¥3,600 unchanged from last update. Share price fell 7.2% to JP¥5,960 over the past week. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥6,430, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electrical industry in Japan. Total returns to shareholders of 476% over the past three years. New Risk • Dec 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Dec 04
Sinfonia Technology Co.,Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Sinfonia Technology Co.,Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥87.88 (vs JP¥57.71 in 2Q 2024) Second quarter 2025 results: EPS: JP¥87.88 (up from JP¥57.71 in 2Q 2024). Revenue: JP¥30.3b (up 9.8% from 2Q 2024). Net income: JP¥2.48b (up 52% from 2Q 2024). Profit margin: 8.2% (up from 5.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥6,270, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 435% over the past three years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥4,460, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 303% over the past three years. Announcement • Aug 28
Sinfonia Technology Co.,Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Sinfonia Technology Co.,Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 Buy Or Sell Opportunity • Aug 14
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 1.4% to JP¥3,880. The fair value is estimated to be JP¥3,130, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 6.2% in a year. Earnings are forecast to grow by 13% in the next year. Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥63.84 (vs JP¥25.18 in 1Q 2024) First quarter 2025 results: EPS: JP¥63.84 (up from JP¥25.18 in 1Q 2024). Revenue: JP¥21.4b (up 12% from 1Q 2024). Net income: JP¥1.80b (up 154% from 1Q 2024). Profit margin: 8.4% (up from 3.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to JP¥2,327, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 110% over the past three years. Announcement • Jun 30
Sinfonia Technology Co.,Ltd. to Report Q1, 2025 Results on Aug 06, 2024 Sinfonia Technology Co.,Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024 Reported Earnings • May 13
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥266 (down from JP¥287 in FY 2023). Revenue: JP¥102.7b (down 5.7% from FY 2023). Net income: JP¥7.51b (down 7.3% from FY 2023). Profit margin: 7.3% (down from 7.4% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.8%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Electrical 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 47% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 12
Sinfonia Technology Co.,Ltd., Annual General Meeting, Jun 27, 2024 Sinfonia Technology Co.,Ltd., Annual General Meeting, Jun 27, 2024. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥3,775, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Electrical industry in Japan. Total returns to shareholders of 232% over the past three years. Buy Or Sell Opportunity • May 10
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 76% to JP¥3,775. The fair value is estimated to be JP¥3,050, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 5.8% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. Announcement • Mar 28
Sinfonia Technology Co.,Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Sinfonia Technology Co.,Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥2,504, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 107% over the past three years. New Risk • Feb 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change). Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥44.09 (vs JP¥56.08 in 3Q 2023) Third quarter 2024 results: EPS: JP¥44.09 (down from JP¥56.08 in 3Q 2023). Revenue: JP¥21.8b (down 3.4% from 3Q 2023). Net income: JP¥1.24b (down 21% from 3Q 2023). Profit margin: 5.7% (down from 7.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jan 10
Now 21% undervalued Over the last 90 days, the stock is up 28%. The fair value is estimated to be JP¥2,680, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to decline by 0.6% in a year. Earnings is forecast to grow by 6.3% in the next year. Buying Opportunity • Dec 05
Now 20% undervalued Over the last 90 days, the stock is up 32%. The fair value is estimated to be JP¥2,690, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to decline by 0.6% in a year. Earnings is forecast to grow by 6.3% in the next year. Announcement • Nov 29
Sinfonia Technology Co.,Ltd. to Report Q3, 2024 Results on Feb 07, 2024 Sinfonia Technology Co.,Ltd. announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥57.71 (vs JP¥72.21 in 2Q 2023) Second quarter 2024 results: EPS: JP¥57.71 (down from JP¥72.21 in 2Q 2023). Revenue: JP¥27.6b (down 4.5% from 2Q 2023). Net income: JP¥1.63b (down 20% from 2Q 2023). Profit margin: 5.9% (down from 7.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Aug 30
Sinfonia Technology Co.,Ltd. to Report Q2, 2024 Results on Nov 07, 2023 Sinfonia Technology Co.,Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥25.18 (vs JP¥35.87 in 1Q 2023) First quarter 2024 results: EPS: JP¥25.18 (down from JP¥35.87 in 1Q 2023). Revenue: JP¥19.2b (down 4.8% from 1Q 2023). Net income: JP¥710.0m (down 30% from 1Q 2023). Profit margin: 3.7% (down from 5.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Electrical industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • May 28
Sinfonia Technology Co.,Ltd. to Report Q1, 2024 Results on Aug 04, 2023 Sinfonia Technology Co.,Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 17
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥287 (up from JP¥195 in FY 2022). Revenue: JP¥108.8b (up 15% from FY 2022). Net income: JP¥8.10b (up 45% from FY 2022). Profit margin: 7.4% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Revenue is expected to decline by 1.9% p.a. on average during the next 2 years, while revenues in the Electrical industry in Japan are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Sinfonia Technology Co.,Ltd., Annual General Meeting, Jun 29, 2023 Sinfonia Technology Co.,Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥60.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).