New Risk • May 31
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: 2.8% 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: 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 (9.1% average weekly change). Large one-off items impacting financial results. Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥59.46 (vs JP¥6.63 loss in FY 2025) Full year 2026 results: EPS: JP¥59.46 (up from JP¥6.63 loss in FY 2025). Revenue: JP¥43.0b (down 11% from FY 2025). Net income: JP¥2.52b (up JP¥2.80b from FY 2025). Profit margin: 5.9% (up from net loss in FY 2025). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Futaba Corporation, Annual General Meeting, Jun 26, 2026 Futaba Corporation, Annual General Meeting, Jun 26, 2026. Announcement • May 10
Futaba Corporation to Report Fiscal Year 2026 Results on May 12, 2026 Futaba Corporation announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 12, 2026 Buy Or Sell Opportunity • May 06
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 7.0% to JP¥734. The fair value is estimated to be JP¥583, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 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 but it is cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Buy Or Sell Opportunity • Mar 18
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to JP¥740. The fair value is estimated to be JP¥600, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to JP¥731. The fair value is estimated to be JP¥604, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥42.04 (vs JP¥49.11 in 3Q 2025) Third quarter 2026 results: EPS: JP¥42.04 (down from JP¥49.11 in 3Q 2025). Revenue: JP¥10.7b (down 7.8% from 3Q 2025). Net income: JP¥1.78b (down 14% from 3Q 2025). Profit margin: 17% (down from 18% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. New Risk • Jan 07
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 6.1% 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 Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. New Risk • Dec 16
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 150% Dividend yield: 1.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. 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: Minor Risks Dividend is not well covered by earnings (150% payout ratio). Large one-off items impacting financial results. Announcement • Dec 03
Futaba Corporation to Report Q3, 2026 Results on Feb 13, 2026 Futaba Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: JP¥4.22 loss per share (vs JP¥31.69 loss in 2Q 2025) Second quarter 2026 results: JP¥4.22 loss per share (improved from JP¥31.69 loss in 2Q 2025). Revenue: JP¥10.5b (down 11% from 2Q 2025). Net loss: JP¥179.0m (loss narrowed 87% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Declared Dividend • Nov 13
Dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.5%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Sep 03
Futaba Corporation to Report Q2, 2026 Results on Nov 11, 2025 Futaba Corporation announced that they will report Q2, 2026 results on Nov 11, 2025 Board Change • Aug 14
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Managing Executive Officer & Director Masaharu Tomita was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 08
First quarter 2026 earnings released: JP¥12.52 loss per share (vs JP¥1.67 profit in 1Q 2025) First quarter 2026 results: JP¥12.52 loss per share (down from JP¥1.67 profit in 1Q 2025). Revenue: JP¥10.4b (down 18% from 1Q 2025). Net loss: JP¥531.0m (down JP¥602.0m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Jun 04
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 7.7% 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. Announcement • May 31
Futaba Corporation to Report Q1, 2026 Results on Aug 07, 2025 Futaba Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 13
Full year 2025 earnings released: JP¥6.63 loss per share (vs JP¥43.71 loss in FY 2024) Full year 2025 results: JP¥6.63 loss per share (improved from JP¥43.71 loss in FY 2024). Revenue: JP¥48.1b (down 15% from FY 2024). Net loss: JP¥281.0m (loss narrowed 85% from FY 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥435, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 10x in the Electrical industry in Japan. Total loss to shareholders of 29% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 8.9% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.9%). Announcement • Mar 04
Futaba Corporation to Report Fiscal Year 2025 Results on May 12, 2025 Futaba Corporation announced that they will report fiscal year 2025 results on May 12, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥49.11 (vs JP¥8.94 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥49.11 (up from JP¥8.94 loss in 3Q 2024). Revenue: JP¥11.6b (down 12% from 3Q 2024). Net income: JP¥2.08b (up JP¥2.46b from 3Q 2024). Profit margin: 18% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Dec 03
Futaba Corporation to Report Q3, 2025 Results on Feb 07, 2025 Futaba Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Declared Dividend • Nov 13
Dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 2.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (181% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Aug 28
Futaba Corporation to Report Q2, 2025 Results on Nov 11, 2024 Futaba Corporation announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥1.67 (vs JP¥28.55 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥1.67 (up from JP¥28.55 loss in 1Q 2024). Revenue: JP¥12.7b (down 8.4% from 1Q 2024). Net income: JP¥71.0m (up JP¥1.28b from 1Q 2024). Profit margin: 0.6% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Aug 02
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 5.6% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 181% Minor Risk Share price has been volatile over the past 3 months (5.6% average weekly change). Declared Dividend • Jul 17
Final dividend of JP¥5.00 announced Shareholders will receive a dividend of JP¥5.00. Ex-date: 27th September 2024 Payment date: 1st January 1970 Dividend yield will be 1.5%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (181% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • May 12
Full year 2024 earnings released: JP¥43.71 loss per share (vs JP¥82.49 loss in FY 2023) Full year 2024 results: JP¥43.71 loss per share (improved from JP¥82.49 loss in FY 2023). Revenue: JP¥56.4b (down 6.6% from FY 2023). Net loss: JP¥1.85b (loss narrowed 47% from FY 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • May 12
Futaba Corporation, Annual General Meeting, Jun 27, 2024 Futaba Corporation, Annual General Meeting, Jun 27, 2024. Declared Dividend • Mar 02
Dividend of JP¥5.00 announced Shareholders will receive a dividend of JP¥5.00. Ex-date: 28th March 2024 Payment date: 1st January 1970 Dividend yield will be 2.0%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Mar 02
Futaba Corporation to Report Q4, 2024 Results on May 10, 2024 Futaba Corporation announced that they will report Q4, 2024 results on May 10, 2024 Announcement • Feb 14
Futaba Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024 Futaba Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects dividend to be JPY 0.00 per share against JPY 7.00 per share. Reported Earnings • Feb 10
Third quarter 2024 earnings released: JP¥8.94 loss per share (vs JP¥31.43 loss in 3Q 2023) Third quarter 2024 results: JP¥8.94 loss per share (improved from JP¥31.43 loss in 3Q 2023). Revenue: JP¥13.2b (down 16% from 3Q 2023). Net loss: JP¥379.0m (loss narrowed 72% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Nov 30
Futaba Corporation to Report Q3, 2024 Results on Feb 09, 2024 Futaba Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: JP¥43.57 loss per share (vs JP¥10.26 loss in 2Q 2023) Second quarter 2024 results: JP¥43.57 loss per share (further deteriorated from JP¥10.26 loss in 2Q 2023). Revenue: JP¥15.2b (down 2.0% from 2Q 2023). Net loss: JP¥1.85b (loss widened 325% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥5.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 09 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). Announcement • Sep 02
Futaba Corporation to Report Q2, 2024 Results on Nov 10, 2023 Futaba Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Announcement • Aug 10
Futaba Corporation Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2024 Futaba Corporation provided consolidated earnings guidance for the full year ending March 31, 2024. For the year, the company expects net sales of JPY 56,000 million, operating loss of JPY 1,200 million, loss attributable to owners of parent of JPY 3,800 million or JPY 89.59 per share. Reported Earnings • Aug 08
First quarter 2024 earnings released: JP¥28.55 loss per share (vs JP¥22.07 loss in 1Q 2023) First quarter 2024 results: JP¥28.55 loss per share (further deteriorated from JP¥22.07 loss in 1Q 2023). Revenue: JP¥13.9b (down 1.1% from 1Q 2023). Net loss: JP¥1.21b (loss widened 29% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Jun 07
Futaba Corporation to Report Q1, 2024 Results on Aug 04, 2023 Futaba Corporation announced that they will report Q1, 2024 results on Aug 04, 2023 Announcement • May 18
Futaba Corporation Announces Dividend for the Year Ended March 31, 2023, Payable on June 30, 2023 Futaba Corporation announced dividend of JPY 7 per share for the year ended March 31, 2023. Scheduled date to commence dividend payments: June 30, 2023. Reported Earnings • May 15
Full year 2023 earnings released: JP¥82.49 loss per share (vs JP¥62.90 loss in FY 2022) Full year 2023 results: JP¥82.49 loss per share (further deteriorated from JP¥62.90 loss in FY 2022). Revenue: JP¥60.3b (up 13% from FY 2022). Net loss: JP¥3.50b (loss widened 31% from FY 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • May 14
Futaba Corporation, Annual General Meeting, Jun 29, 2023 Futaba Corporation, Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. 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¥31.43 loss per share (vs JP¥15.32 loss in 3Q 2022) Third quarter 2023 results: JP¥31.43 loss per share (further deteriorated from JP¥15.32 loss in 3Q 2022). Revenue: JP¥15.6b (up 19% from 3Q 2022). Net loss: JP¥1.33b (loss widened 105% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Nov 30
Futaba Corporation to Report Q3, 2023 Results on Feb 10, 2023 Futaba Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: JP¥10.26 loss per share (vs JP¥29.52 loss in 2Q 2022) Second quarter 2023 results: JP¥10.26 loss per share (improved from JP¥29.52 loss in 2Q 2022). Revenue: JP¥15.5b (up 22% from 2Q 2022). Net loss: JP¥435.0m (loss narrowed 65% from 2Q 2022). 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 25% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥10.26 loss per share (vs JP¥29.52 loss in 2Q 2022) Second quarter 2023 results: JP¥10.26 loss per share (improved from JP¥29.52 loss in 2Q 2022). Revenue: JP¥15.5b (up 22% from 2Q 2022). Net loss: JP¥435.0m (loss narrowed 65% from 2Q 2022). 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 24% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Announcement • Aug 31
Futaba Corporation to Report Q2, 2023 Results on Nov 11, 2022 Futaba Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Announcement • Aug 10
Futaba Corporation Provides Earnings Guidance for the Full Year Ending March 31, 2023 Futaba Corporation provided earnings guidance for the full year ending March 31, 2023. For the full year, the company expects to report net sales of JPY 61,000 million, operating profit of JPY 200 million, loss attributable to owners of parent of JPY 2,900 million and loss per share of or JPY 68.37 per share. Reported Earnings • Aug 07
First quarter 2023 earnings released: JP¥22.07 loss per share (vs JP¥1.49 profit in 1Q 2022) First quarter 2023 results: JP¥22.07 loss per share (down from JP¥1.49 profit in 1Q 2022). Revenue: JP¥14.0b (up 3.7% from 1Q 2022). Net loss: JP¥936.0m (down JP¥999.0m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Jun 19
Futaba Corporation to Report Q1, 2023 Results on Aug 05, 2022 Futaba Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 25
Full year 2022 earnings released: JP¥62.90 loss per share (vs JP¥128 loss in FY 2021) Full year 2022 results: JP¥62.90 loss per share (up from JP¥128 loss in FY 2021). Revenue: JP¥53.5b (up 9.5% from FY 2021). Net loss: JP¥2.67b (loss narrowed 51% from FY 2021). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • May 22
Futaba Corporation, Annual General Meeting, Jun 29, 2022 Futaba Corporation, Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Takemitsu Kunio was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Futaba Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Futaba Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥15.32 loss per share (up from JP¥22.09 loss in 3Q 2021). Revenue: JP¥13.1b (up 4.4% from 3Q 2021). Net loss: JP¥650.0m (loss narrowed 31% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 11
Second quarter 2022 earnings released: JP¥29.52 loss per share (vs JP¥33.08 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥12.7b (up 6.6% from 2Q 2021). Net loss: JP¥1.25b (loss narrowed 11% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥1.49 (vs JP¥37.46 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¥13.5b (up 23% from 1Q 2021). Net income: JP¥63.0m (up JP¥1.65b from 1Q 2021). Profit margin: 0.5% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 14
Full year 2021 earnings released: JP¥128 loss per share (vs JP¥239 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: JP¥48.8b (down 15% from FY 2020). Net loss: JP¥5.43b (loss narrowed 46% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. 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: 2.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.2%). Announcement • Mar 04
Futaba Corporation to Report Fiscal Year 2021 Results on May 11, 2021 Futaba Corporation announced that they will report fiscal year 2021 results on May 11, 2021 Reported Earnings • Feb 11
Third quarter 2021 earnings released: JP¥22.09 loss per share (vs JP¥17.70 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: JP¥12.6b (down 13% from 3Q 2020). Net loss: JP¥937.0m (loss widened 25% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 13
New 90-day high: JP¥1,016 The company is up 12% from its price of JP¥906 on 15 October 2020. The Japanese market is also up 12% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electrical industry, which is up 31% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: JP¥852 The company is down 5.0% from its price of JP¥899 on 09 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 25% over the same period. Announcement • Dec 03
Futaba Corporation to Report Q3, 2021 Results on Feb 09, 2021 Futaba Corporation announced that they will report Q3, 2021 results on Feb 09, 2021 Announcement • Sep 03
Futaba Corporation to Report Q2, 2021 Results on Nov 10, 2020 Futaba Corporation announced that they will report Q2, 2021 results on Nov 10, 2020