Reported Earnings • Aug 18
First quarter 2027 earnings released: EPS: JP¥108 (vs JP¥90.35 loss in 1Q 2026) First quarter 2027 results: EPS: JP¥108 (up from JP¥90.35 loss in 1Q 2026). Revenue: JP¥7.23b (up 19% from 1Q 2026). Net income: JP¥559.0m (up JP¥1.03b from 1Q 2026). Profit margin: 7.7% (up from net loss in 1Q 2026). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Aug 14
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 8.0% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (JP¥7.23b market cap, or US$45.4m). Announcement • May 14
Origin Company, Limited (TSE:6513) announces an Equity Buyback for 130,000 shares, representing 2.45% for ¥134.03 million. Origin Company, Limited (TSE:6513) announces a share repurchase program. Under the program, the company will repurchase up to 130,000 shares, representing 2.45% of its share capital, for ¥134.03 million. The shares will be repurchase ¥1,031 per share. The purpose of the program is to improve capital efficiency and enable agile management that can respond to future environmental changes. The program will expire on May 13, 2026. As of March 31, 2026, the company had 6,699,986 shares in issue (including treasury stock) and 1,391,821 shares in treasury. Reported Earnings • May 13
Full year 2026 earnings released: JP¥422 loss per share (vs JP¥15.36 loss in FY 2025) Full year 2026 results: JP¥422 loss per share (further deteriorated from JP¥15.36 loss in FY 2025). Revenue: JP¥26.9b (down 6.7% from FY 2025). Net loss: JP¥2.22b (loss widened JP¥2.14b from FY 2025). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • May 12
Origin Company, Limited, Annual General Meeting, Jun 26, 2026 Origin Company, Limited, Annual General Meeting, Jun 26, 2026. Announcement • May 10
Origin Company, Limited to Report Fiscal Year 2026 Results on May 12, 2026 Origin Company, Limited announced that they will report fiscal year 2026 results at 12:00 PM, Tokyo Standard Time on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: JP¥35.00 loss per share (vs JP¥30.42 profit in 3Q 2025) Third quarter 2026 results: JP¥35.00 loss per share (down from JP¥30.42 profit in 3Q 2025). Revenue: JP¥6.99b (up 6.3% from 3Q 2025). Net loss: JP¥184.0m (down 213% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 14
Second quarter 2026 earnings released: JP¥92.26 loss per share (vs JP¥17.69 loss in 2Q 2025) Second quarter 2026 results: JP¥92.26 loss per share (further deteriorated from JP¥17.69 loss in 2Q 2025). Revenue: JP¥6.67b (down 3.8% from 2Q 2025). Net loss: JP¥485.0m (loss widened 405% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 16
First quarter 2026 earnings released: JP¥90.35 loss per share (vs JP¥3.43 profit in 1Q 2025) First quarter 2026 results: JP¥90.35 loss per share (down from JP¥3.43 profit in 1Q 2025). Revenue: JP¥6.05b (down 15% from 1Q 2025). Net loss: JP¥475.0m (down JP¥494.0m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Announcement • Jul 26
Origin Company, Limited to Report Q1, 2026 Results on Aug 12, 2025 Origin Company, Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 17
Full year 2025 earnings released: JP¥15.36 loss per share (vs JP¥255 loss in FY 2024) Full year 2025 results: JP¥15.36 loss per share (improved from JP¥255 loss in FY 2024). Revenue: JP¥28.8b (up 2.1% from FY 2024). Net loss: JP¥83.0m (loss narrowed 94% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • May 13
Origin Company, Limited, Annual General Meeting, Jun 27, 2025 Origin Company, Limited, Annual General Meeting, Jun 27, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Announcement • Feb 28
Origin Company, Limited to Report Fiscal Year 2025 Results on May 13, 2025 Origin Company, Limited announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥30.42 (vs JP¥30.66 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥30.42 (up from JP¥30.66 loss in 3Q 2024). Revenue: JP¥6.57b (down 9.1% from 3Q 2024). Net income: JP¥163.0m (up JP¥338.0m from 3Q 2024). Profit margin: 2.5% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 16
Second quarter 2025 earnings released: JP¥17.69 loss per share (vs JP¥48.25 loss in 2Q 2024) Second quarter 2025 results: JP¥17.69 loss per share (improved from JP¥48.25 loss in 2Q 2024). Revenue: JP¥6.93b (down 2.6% from 2Q 2024). Net loss: JP¥96.0m (loss narrowed 66% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%). Reported Earnings • Aug 17
First quarter 2025 earnings released: EPS: JP¥3.43 (vs JP¥28.70 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥3.43 (up from JP¥28.70 loss in 1Q 2024). Revenue: JP¥7.10b (up 6.2% from 1Q 2024). Net income: JP¥19.0m (up JP¥188.0m from 1Q 2024). Profit margin: 0.3% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • May 16
Full year 2024 earnings released: JP¥255 loss per share (vs JP¥60.62 profit in FY 2023) Full year 2024 results: JP¥255 loss per share (down from JP¥60.62 profit in FY 2023). Revenue: JP¥28.2b (down 12% from FY 2023). Net loss: JP¥1.47b (down JP¥1.83b from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.8%). Announcement • Mar 02
Origin Company, Limited to Report Fiscal Year 2024 Results on May 13, 2024 Origin Company, Limited announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: JP¥30.65 loss per share (vs JP¥63.52 loss in 3Q 2023) Third quarter 2024 results: JP¥30.65 loss per share (improved from JP¥63.52 loss in 3Q 2023). Revenue: JP¥7.23b (flat on 3Q 2023). Net loss: JP¥175.0m (loss narrowed 54% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 11
Second quarter 2024 earnings released: JP¥48.24 loss per share (vs JP¥23.48 profit in 2Q 2023) Second quarter 2024 results: JP¥48.24 loss per share (down from JP¥23.48 profit in 2Q 2023). Revenue: JP¥7.12b (down 20% from 2Q 2023). Net loss: JP¥280.0m (down 297% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥20.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). New Risk • Aug 12
New major risk - Revenue and earnings growth Earnings have declined by 3.2% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥7.59b market cap, or US$52.4m). Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥28.69 loss per share (vs JP¥142 profit in 1Q 2023) First quarter 2024 results: JP¥28.69 loss per share (down from JP¥142 profit in 1Q 2023). Revenue: JP¥6.69b (down 25% from 1Q 2023). Net loss: JP¥169.0m (down 119% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥60.62 (vs JP¥351 in FY 2022) Full year 2023 results: EPS: JP¥60.62 (down from JP¥351 in FY 2022). Revenue: JP¥32.0b (down 1.0% from FY 2022). Net income: JP¥365.0m (down 83% from FY 2022). Profit margin: 1.1% (down from 6.7% in FY 2022). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • May 14
Origin Company, Limited, Annual General Meeting, Jun 29, 2023 Origin Company, Limited, Annual General Meeting, Jun 29, 2023. Announcement • May 13
Origin Company, Limited (TSE:6513) announces an Equity Buyback for 300,000 shares, representing 4.48% for ¥400 million. Origin Company, Limited (TSE:6513) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 4.48% of its total shares outstanding (excluding treasury shares), for a total of ¥400 million. The purpose of the program is to return profits to shareholders and improve capital efficiency. The repurchase program is valid till March 31, 2024. As of April 30, 2023, the company had 6,699,986 shares outstanding (excluding treasury shares) and had 740,613 shares in treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 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 13% 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%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥63.51 loss per share (vs JP¥47.04 profit in 3Q 2022) Third quarter 2023 results: JP¥63.51 loss per share (down from JP¥47.04 profit in 3Q 2022). Revenue: JP¥7.30b (up 8.9% from 3Q 2022). Net loss: JP¥377.0m (down 229% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Nov 30
Origin Company, Limited to Report Q3, 2023 Results on Feb 10, 2023 Origin Company, Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director, Senior Executive Officer, CSO & GM of Corporate Planning Division Yoshio Sato was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥23.47 (vs JP¥63.31 in 2Q 2022) Second quarter 2023 results: EPS: JP¥23.47 (down from JP¥63.31 in 2Q 2022). Revenue: JP¥8.92b (up 7.0% from 2Q 2022). Net income: JP¥142.0m (down 64% from 2Q 2022). Profit margin: 1.6% (down from 4.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging 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: 05 December 2022. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Announcement • Aug 28
Origin Company, Limited to Report Q2, 2023 Results on Nov 10, 2022 Origin Company, Limited announced that they will report Q2, 2023 results on Nov 10, 2022 Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,511, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 25% over the past three years. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥142 (vs JP¥8.38 in 1Q 2022) First quarter 2023 results: EPS: JP¥142 (up from JP¥8.38 in 1Q 2022). Revenue: JP¥8.90b (up 31% from 1Q 2022). Net income: JP¥880.0m (up JP¥828.0m from 1Q 2022). Profit margin: 9.9% (up from 0.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jul 07
Origin Company, Limited to Report Q1, 2023 Results on Aug 10, 2022 Origin Company, Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 13
Full year 2022 earnings released: EPS: JP¥351 (vs JP¥185 loss in FY 2021) Full year 2022 results: EPS: JP¥351 (up from JP¥185 loss in FY 2021). Revenue: JP¥32.3b (up 25% from FY 2021). Net income: JP¥2.18b (up JP¥3.34b from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • May 13
Origin Company, Limited, Annual General Meeting, Jun 29, 2022 Origin Company, Limited, Annual General Meeting, Jun 29, 2022. Announcement • May 12
Origin Company, Limited (TSE:6513) announces an Equity Buyback for 300,000 shares, representing 4.48% for ¥400 million. Origin Company, Limited (TSE:6513) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 4.48% of the outstanding shares for ¥400 million. The purpose of the program is to return profits to shareholders and improve capital efficiency. The program will run until March 31, 2023. As of April 30, 2022, the company had 6,699,986 shares in issue(including treasury stock) and 440,036 shares in treasury. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥1,162, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 10x in the Electrical industry in Japan. Total loss to shareholders of 14% over the past three years. Announcement • Apr 08
Origin Company, Limited to Report Fiscal Year 2022 Results on May 11, 2022 Origin Company, Limited announced that they will report fiscal year 2022 results on May 11, 2022 Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥1,467, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 12x in the Electrical industry in Japan. Total loss to shareholders of 26% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥47.03 (up from JP¥0.80 loss in 3Q 2021). Revenue: JP¥6.71b (up 4.7% from 3Q 2021). Net income: JP¥292.0m (up JP¥297.0m from 3Q 2021). Profit margin: 4.4% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥63.30 (vs JP¥116 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.34b (up 42% from 2Q 2021). Net income: JP¥393.0m (up JP¥1.12b from 2Q 2021). Profit margin: 4.7% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. 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: 04 December 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥8.38 (vs JP¥121 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥6.78b (up 20% from 1Q 2021). Net income: JP¥52.0m (up JP¥816.0m from 1Q 2021). Profit margin: 0.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • May 14
Full year 2021 earnings released: JP¥185 loss per share (vs JP¥34.96 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥25.9b (down 20% from FY 2020). Net loss: JP¥1.16b (down JP¥1.38b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.2%). Reported Earnings • Feb 11
Third quarter 2021 earnings released: JP¥0.80 loss per share (vs JP¥17.62 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥6.41b (down 17% from 3Q 2020). Net loss: JP¥5.00m (down 104% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 72% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Dec 30
Origin Company, Limited to Report Q3, 2021 Results on Feb 09, 2021 Origin Company, Limited announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Dec 28
New 90-day low: JP¥1,304 The company is down 8.0% from its price of JP¥1,415 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 20% over the same period. Announcement • Oct 10
Origin Company, Limited to Report Q2, 2021 Results on Nov 10, 2020 Origin Company, Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Announcement • Sep 21
Origin Company, Limited(TSE:6513) dropped from S&P Global BMI Index Origin Company, Limited(TSE:6513) dropped from S&P Global BMI Index Announcement • Jul 05
Origin Company, Limited to Report Q1, 2021 Results on Aug 12, 2020 Origin Company, Limited announced that they will report Q1, 2021 results on Aug 12, 2020