Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥392 (vs JP¥351 in FY 2025) Full year 2026 results: EPS: JP¥392 (up from JP¥351 in FY 2025). Revenue: JP¥55.8b (up 2.0% from FY 2025). Net income: JP¥3.18b (up 12% from FY 2025). Profit margin: 5.7% (up from 5.2% in FY 2025). 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 7% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Rix Corporation, Annual General Meeting, Jun 25, 2026 Rix Corporation, Annual General Meeting, Jun 25, 2026. Announcement • May 10
Rix Corporation to Report Fiscal Year 2026 Results on May 15, 2026 Rix Corporation announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 26
Upcoming dividend of JP¥91.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Buy Or Sell Opportunity • Feb 16
Now 20% undervalued Over the last 90 days, the stock has risen 3.9% to JP¥3,840. The fair value is estimated to be JP¥4,820, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years, while earnings per share has been flat. Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥119 (vs JP¥93.81 in 3Q 2025) Third quarter 2026 results: EPS: JP¥119 (up from JP¥93.81 in 3Q 2025). Revenue: JP¥14.3b (down 1.4% from 3Q 2025). Net income: JP¥965.0m (up 27% from 3Q 2025). Profit margin: 6.7% (up from 5.2% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 09
First half dividend of JP¥82.00 announced Shareholders will receive a dividend of JP¥82.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 29
Rix Corporation to Report Q3, 2026 Results on Feb 10, 2026 Rix Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥95.66 (vs JP¥78.94 in 2Q 2025) Second quarter 2026 results: EPS: JP¥95.66 (up from JP¥78.94 in 2Q 2025). Revenue: JP¥13.8b (up 1.4% from 2Q 2025). Net income: JP¥775.2m (up 21% from 2Q 2025). Profit margin: 5.6% (up from 4.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 01
Rix Corporation to Report Q2, 2026 Results on Nov 12, 2025 Rix Corporation announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 11
First quarter 2026 earnings released: EPS: JP¥61.99 (vs JP¥74.99 in 1Q 2025) First quarter 2026 results: EPS: JP¥61.99 (down from JP¥74.99 in 1Q 2025). Revenue: JP¥12.3b (down 5.1% from 1Q 2025). Net income: JP¥502.0m (down 17% from 1Q 2025). Profit margin: 4.1% (down from 4.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥64.00 announced Shareholders will receive a dividend of JP¥64.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but not covered by cash flows (107% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 30
Full year 2025 earnings released: EPS: JP¥351 (vs JP¥344 in FY 2024) Full year 2025 results: EPS: JP¥351 (up from JP¥344 in FY 2024). Revenue: JP¥54.7b (up 10.0% from FY 2024). Net income: JP¥2.84b (up 2.2% from FY 2024). Profit margin: 5.2% (down from 5.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 31
Rix Corporation to Report Q1, 2026 Results on Aug 08, 2025 Rix Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥351 (vs JP¥344 in FY 2024) Full year 2025 results: EPS: JP¥351 (up from JP¥344 in FY 2024). Revenue: JP¥54.7b (up 10.0% from FY 2024). Net income: JP¥2.84b (up 2.2% from FY 2024). Profit margin: 5.2% (down from 5.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Rix Corporation, Annual General Meeting, Jun 26, 2025 Rix Corporation, Annual General Meeting, Jun 26, 2025. Announcement • Apr 10
Rix Corporation Announces Retirement of Directors on June 26, 2025 Rix Corporation announced that Noboru Kawakubo, Director and Senior Managing Executive Officer. Kosuke Serikawa, Director and Managing Executive Officer. Shunji Tawara, Director and Audit and Supervisory Committee Member. Sadahito Baba, Outside Director and Audit and Supervisory Committee Member to be retired on June 26, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥2,451, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 79% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥79.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Announcement • Mar 06
Rix Corporation to Report Fiscal Year 2025 Results on May 15, 2025 Rix Corporation announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥93.85 (vs JP¥96.55 in 3Q 2024) Third quarter 2025 results: EPS: JP¥93.85 (down from JP¥96.55 in 3Q 2024). Revenue: JP¥14.5b (up 8.3% from 3Q 2024). Net income: JP¥760.0m (down 2.7% from 3Q 2024). Profit margin: 5.2% (down from 5.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 10
First half dividend of JP¥67.00 announced Shareholders will receive a dividend of JP¥67.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (39% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 30
Rix Corporation to Report Q3, 2025 Results on Feb 13, 2025 Rix Corporation announced that they will report Q3, 2025 results on Feb 13, 2025 Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: JP¥78.94 (vs JP¥89.41 in 2Q 2024) Second quarter 2025 results: EPS: JP¥78.94 (down from JP¥89.41 in 2Q 2024). Revenue: JP¥13.6b (up 12% from 2Q 2024). Net income: JP¥639.0m (down 12% from 2Q 2024). Profit margin: 4.7% (down from 5.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥53.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). Announcement • Aug 27
Rix Corporation to Report Q2, 2025 Results on Nov 12, 2024 Rix Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥70.96 (vs JP¥86.12 in 1Q 2024) First quarter 2025 results: EPS: JP¥70.96 (down from JP¥86.12 in 1Q 2024). Revenue: JP¥12.4b (up 8.2% from 1Q 2024). Net income: JP¥574.0m (down 18% from 1Q 2024). Profit margin: 4.6% (down from 6.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year. 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¥2,426, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 79% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥53.00 announced Shareholders will receive a dividend of JP¥53.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 3.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (5% earnings payout ratio) but not covered by cash flows (266% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥344 (vs JP¥340 in FY 2023) Full year 2024 results: EPS: JP¥344 (up from JP¥340 in FY 2023). Revenue: JP¥49.8b (up 10.0% from FY 2023). Net income: JP¥2.78b (flat on FY 2023). Profit margin: 5.6% (down from 6.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 27% per year. Announcement • May 17
Rix Corporation, Annual General Meeting, Jun 27, 2024 Rix Corporation, Annual General Meeting, Jun 27, 2024. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,660, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 177% over the past three years. Buy Or Sell Opportunity • Mar 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to JP¥4,140. The fair value is estimated to be JP¥3,413, 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 29%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥71.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 5.2% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Announcement • Mar 02
Rix Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Rix Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥96.55 (vs JP¥83.31 in 3Q 2023) Third quarter 2024 results: EPS: JP¥96.55 (up from JP¥83.31 in 3Q 2023). Revenue: JP¥13.4b (up 14% from 3Q 2023). Net income: JP¥781.0m (up 16% from 3Q 2023). Profit margin: 5.8% (up from 5.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 30% per year. Announcement • Dec 23
Rix Corporation to Report Q3, 2024 Results on Feb 09, 2024 Rix Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥89.41 (vs JP¥83.83 in 2Q 2023) Second quarter 2024 results: EPS: JP¥89.41 (up from JP¥83.83 in 2Q 2023). Revenue: JP¥12.2b (up 9.8% from 2Q 2023). Net income: JP¥723.0m (up 5.5% from 2Q 2023). Profit margin: 5.9% (down from 6.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year and the company’s share price has also increased by 28% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥60.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Announcement • Aug 27
Rix Corporation to Report Q2, 2024 Results on Nov 10, 2023 Rix Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Announcement • Aug 22
Fukuyama Transporting Co., Ltd. Provides Forecast of Consolidated Financial Results for the First Half and Full Year of Fiscal Year Ending March 31, 2024 Fukuyama Transporting Co. Ltd. provided Forecast of consolidated financial results for the first half and full year of Fiscal Year Ending March 31, 2024. For the first half, the company expected net sales of JPY 23,200 million, Operating profit of JPY 1,630 million, Profit attributable to owners of parent of JPY 1,150 million and Earnings per share of JPY 142.30.For the full year, the company expected net sales of JPY 47,100 million, Operating profit of JPY 3,440 million, Profit attributable to owners of parent of JPY 2,430 million and Earnings per share of JPY 300.68. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥86.12 (vs JP¥60.09 in 1Q 2023) First quarter 2024 results: EPS: JP¥86.12 (up from JP¥60.09 in 1Q 2023). Revenue: JP¥11.4b (up 14% from 1Q 2023). Net income: JP¥696.0m (up 42% from 1Q 2023). Profit margin: 6.1% (up from 4.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 29% per year. Announcement • May 31
Rix Corporation to Report Q1, 2024 Results on Aug 09, 2023 Rix Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Announcement • May 19
Rix Corporation, Annual General Meeting, Jun 22, 2023 Rix Corporation, Annual General Meeting, Jun 22, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥70.00 per share at 4.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥83.31 (vs JP¥64.99 in 3Q 2022) Third quarter 2023 results: EPS: JP¥83.31 (up from JP¥64.99 in 3Q 2022). Revenue: JP¥11.8b (up 11% from 3Q 2022). Net income: JP¥674.0m (up 27% from 3Q 2022). Profit margin: 5.7% (up from 5.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. Announcement • Nov 27
Rix Corporation to Report Q3, 2023 Results on Feb 09, 2023 Rix Corporation announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥83.83 (vs JP¥68.54 in 2Q 2022) Second quarter 2023 results: EPS: JP¥83.83 (up from JP¥68.54 in 2Q 2022). Revenue: JP¥11.1b (up 8.6% from 2Q 2022). Net income: JP¥685.0m (up 22% from 2Q 2022). Profit margin: 6.1% (up from 5.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 9% per year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Baba Sadahito was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥83.83 (vs JP¥68.54 in 2Q 2022) Second quarter 2023 results: EPS: JP¥83.83 (up from JP¥68.54 in 2Q 2022). Revenue: JP¥11.1b (up 8.6% from 2Q 2022). Net income: JP¥685.0m (up 22% from 2Q 2022). Profit margin: 6.1% (up from 5.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Announcement • Sep 24
Rix Corporation to Report Q2, 2023 Results on Nov 10, 2022 Rix Corporation announced that they will report Q2, 2023 results on Nov 10, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Announcement • Sep 10
Rix Corporation (TSE:7525) announces an Equity Buyback for 100,000 shares, representing 1.22% for ¥250 million. Rix Corporation (TSE:7525) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.22% of its share capital, for ¥250 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will expire on March 31, 2023. As of August 31, 2022, the company had 8,193,049 shares in issue (excluding treasury stock) and 446,951 shares in treasury. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥60.09 (vs JP¥42.23 in 1Q 2022) First quarter 2023 results: EPS: JP¥60.09 (up from JP¥42.23 in 1Q 2022). Revenue: JP¥10.0b (up 12% from 1Q 2022). Net income: JP¥491.0m (up 42% from 1Q 2022). Profit margin: 4.9% (up from 3.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • May 29
Rix Corporation to Report Q1, 2023 Results on Aug 08, 2022 Rix Corporation announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • May 22
Full year 2022 earnings released: EPS: JP¥251 (vs JP¥167 in FY 2021) Full year 2022 results: EPS: JP¥251 (up from JP¥167 in FY 2021). Revenue: JP¥40.0b (up 11% from FY 2021). Net income: JP¥2.05b (up 50% from FY 2021). Profit margin: 5.1% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • May 18
Rix Corporation, Annual General Meeting, Jun 23, 2022 Rix Corporation, Annual General Meeting, Jun 23, 2022. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,800, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 41% over the past three years. Announcement • Apr 08
Rix Corporation to Report Fiscal Year 2022 Results on May 16, 2022 Rix Corporation announced that they will report fiscal year 2022 results on May 16, 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 13% 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 (2.0%). Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥64.99 (up from JP¥47.98 in 3Q 2021). Revenue: JP¥10.6b (up 17% from 3Q 2021). Net income: JP¥531.0m (up 36% from 3Q 2021). Profit margin: 5.0% (up from 4.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥68.54 (vs JP¥36.35 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥10.3b (up 17% from 2Q 2021). Net income: JP¥560.0m (up 89% from 2Q 2021). Profit margin: 5.5% (up from 3.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% 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. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥68.54 (vs JP¥36.35 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥10.3b (up 17% from 2Q 2021). Net income: JP¥560.0m (up 89% from 2Q 2021). Profit margin: 5.5% (up from 3.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% 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 • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 3.3%. Within 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¥42.23 (vs JP¥22.77 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥8.93b (up 4.7% from 1Q 2021). Net income: JP¥345.0m (up 86% from 1Q 2021). Profit margin: 3.9% (up from 2.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% 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. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥167 (vs JP¥223 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥36.0b (down 17% from FY 2020). Net income: JP¥1.36b (down 25% from FY 2020). Profit margin: 3.8% (down from 4.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Mar 07
Rix Corporation to Report Fiscal Year 2021 Results on May 13, 2021 Rix Corporation announced that they will report fiscal year 2021 results on May 13, 2021 Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥47.98 (vs JP¥53.73 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: JP¥9.05b (down 17% from 3Q 2020). Net income: JP¥392.0m (down 11% from 3Q 2020). Profit margin: 4.3% (up from 4.0% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year. Is New 90 Day High Low • Jan 17
New 90-day low: JP¥1,541 The company is down 4.0% from its price of JP¥1,599 on 19 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 22% over the same period.