Reported Earnings • Aug 05
First quarter 2027 earnings released: EPS: JP¥170 (vs JP¥148 in 1Q 2026) First quarter 2027 results: EPS: JP¥170 (up from JP¥148 in 1Q 2026). Revenue: JP¥6.74b (up 26% from 1Q 2026). Net income: JP¥276.0m (up 15% from 1Q 2026). Profit margin: 4.1% (down from 4.5% in 1Q 2026). The decrease in margin was driven by higher expenses. 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 31% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 15
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 6.6% 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: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (JP¥12.3b market cap, or US$76.0m). Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥7,600, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 14x in the Electrical industry in Japan. Total returns to shareholders of 165% over the past three years. Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥686 (vs JP¥432 in FY 2025) Full year 2026 results: EPS: JP¥686 (up from JP¥432 in FY 2025). Revenue: JP¥27.0b (up 11% from FY 2025). Net income: JP¥1.11b (up 28% from FY 2025). Profit margin: 4.1% (up from 3.6% 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 25% per year whereas the company’s share price has increased by 28% per year. Announcement • May 12
Mansei Corporation, Annual General Meeting, Jun 26, 2026 Mansei Corporation, Annual General Meeting, Jun 26, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). New Risk • Mar 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 184x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (over 184x increase in shares outstanding). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 26x cash flows per share). Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥219 (vs JP¥99.29 in 3Q 2025) Third quarter 2026 results: EPS: JP¥219 (up from JP¥99.29 in 3Q 2025). Revenue: JP¥6.83b (up 8.0% from 3Q 2025). Net income: JP¥356.0m (up 90% from 3Q 2025). Profit margin: 5.2% (up from 3.0% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year and the company’s share price has also increased by 27% per year. New Risk • Nov 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 73% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥8.27b market cap, or US$53.5m). Reported Earnings • Nov 06
Second quarter 2026 earnings released: EPS: JP¥163 (vs JP¥123 in 2Q 2025) Second quarter 2026 results: EPS: JP¥163. Revenue: JP¥6.94b (up 29% from 2Q 2025). Net income: JP¥264.0m (down 6.0% from 2Q 2025). Profit margin: 3.8% (down from 5.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥5,660, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 13x in the Electrical industry in Japan. Total returns to shareholders of 86% over the past three years. Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥148 (vs JP¥62.95 in 1Q 2025) First quarter 2026 results: EPS: JP¥148 (up from JP¥62.95 in 1Q 2025). Revenue: JP¥5.35b (down 2.1% from 1Q 2025). Net income: JP¥240.0m (up 67% from 1Q 2025). Profit margin: 4.5% (up from 2.6% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
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 5.1% 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 (5.1% average weekly change). Market cap is less than US$100m (JP¥7.67b market cap, or US$52.0m). Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: JP¥432 (vs JP¥468 in FY 2024) Full year 2025 results: EPS: JP¥432 (down from JP¥468 in FY 2024). Revenue: JP¥24.4b (down 6.6% from FY 2024). Net income: JP¥873.0m (down 19% from FY 2024). Profit margin: 3.6% (down from 4.1% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 08
Full year 2025 earnings released: EPS: JP¥432 (vs JP¥468 in FY 2024) Full year 2025 results: EPS: JP¥432 (down from JP¥468 in FY 2024). Revenue: JP¥24.4b (down 6.6% from FY 2024). Net income: JP¥873.0m (down 19% from FY 2024). Profit margin: 3.6% (down from 4.1% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • May 07
Mansei Corporation, Annual General Meeting, Jun 27, 2025 Mansei Corporation, Annual General Meeting, Jun 27, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: JP¥99.29 (vs JP¥135 in 3Q 2024) Third quarter 2025 results: EPS: JP¥99.29 (down from JP¥135 in 3Q 2024). Revenue: JP¥6.33b (down 7.8% from 3Q 2024). Net income: JP¥187.0m (down 39% from 3Q 2024). Profit margin: 3.0% (down from 4.5% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥123 (vs JP¥81.77 in 2Q 2024) Second quarter 2025 results: EPS: JP¥123 (up from JP¥81.77 in 2Q 2024). Revenue: JP¥5.39b (down 9.9% from 2Q 2024). Net income: JP¥281.0m (up 50% from 2Q 2024). Profit margin: 5.2% (up from 3.1% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Nov 06
Mansei Corporation (TSE:7565) announces an Equity Buyback for 685,000 shares, representing 29.94% for ¥2,603 million. Mansei Corporation (TSE:7565) announces a share repurchase program. Under the program, the company will repurchase up to 685,000 shares, representing 29.94% of its share capital, for ¥2,603 million. The shares will be repurchased at a price of ¥3,800 per share. The company will repurchase its own shares as part of its flexible capital policy to respond to changes in the business environment and as part of its shareholder return policy. As of September 30, 2024, the company had 2,300,000 shares in issue (excluding treasury stock) and 12,354 shares in treasury. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%). Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥62.95 (vs JP¥138 in 1Q 2024) First quarter 2025 results: EPS: JP¥62.95 (down from JP¥138 in 1Q 2024). Revenue: JP¥5.47b (down 14% from 1Q 2024). Net income: JP¥144.0m (down 54% from 1Q 2024). Profit margin: 2.6% (down from 4.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
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 6.9% 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 (6.9% average weekly change). Market cap is less than US$100m (JP¥6.37b market cap, or US$44.7m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥2,785, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 11x in the Electrical industry in Japan. Total returns to shareholders of 2.4% over the past three years. Announcement • May 09
Mansei Corporation, Annual General Meeting, Jun 25, 2024 Mansei Corporation, Annual General Meeting, Jun 25, 2024. Reported Earnings • May 08
Full year 2024 earnings released: EPS: JP¥468 (vs JP¥262 in FY 2023) Full year 2024 results: EPS: JP¥468 (up from JP¥262 in FY 2023). Revenue: JP¥26.2b (up 13% from FY 2023). Net income: JP¥1.07b (up 79% from FY 2023). Profit margin: 4.1% (up from 2.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Apr 30
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 8.7% to JP¥3,630. The fair value is estimated to be JP¥2,973, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 31%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.8%). Buy Or Sell Opportunity • Mar 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to JP¥3,665. The fair value is estimated to be JP¥3,017, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 31%. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥135 (vs JP¥11.37 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥135 (up from JP¥11.37 loss in 3Q 2023). Revenue: JP¥6.86b (up 24% from 3Q 2023). Net income: JP¥308.0m (up JP¥334.0m from 3Q 2023). Profit margin: 4.5% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥81.72 (vs JP¥97.51 in 2Q 2023) Second quarter 2024 results: EPS: JP¥81.72 (down from JP¥97.51 in 2Q 2023). Revenue: JP¥5.98b (up 7.6% from 2Q 2023). Net income: JP¥187.0m (down 16% from 2Q 2023). Profit margin: 3.1% (down from 4.0% 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 22% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥35.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 09 December 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥138 (vs JP¥50.72 in 1Q 2023) First quarter 2024 results: EPS: JP¥138 (up from JP¥50.72 in 1Q 2023). Revenue: JP¥6.37b (up 35% from 1Q 2023). Net income: JP¥315.0m (up 172% from 1Q 2023). Profit margin: 4.9% (up from 2.5% 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 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 10
Full year 2023 earnings released: EPS: JP¥262 (vs JP¥173 in FY 2022) Full year 2023 results: EPS: JP¥262 (up from JP¥173 in FY 2022). Revenue: JP¥23.1b (up 24% from FY 2022). Net income: JP¥599.0m (up 52% from FY 2022). Profit margin: 2.6% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 12% per year. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥3,835, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 12x in the Electrical industry in Japan. Total returns to shareholders of 96% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: JP¥11.36 loss per share (vs JP¥37.60 profit in 3Q 2022) Third quarter 2023 results: JP¥11.36 loss per share (down from JP¥37.60 profit in 3Q 2022). Revenue: JP¥5.53b (up 21% from 3Q 2022). Net loss: JP¥26.0m (down 130% from profit in 3Q 2022). 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 11% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥97.44 (vs JP¥50.72 in 2Q 2022) Second quarter 2023 results: EPS: JP¥97.44 (up from JP¥50.72 in 2Q 2022). Revenue: JP¥5.56b (up 16% from 2Q 2022). Net income: JP¥223.0m (up 92% from 2Q 2022). Profit margin: 4.0% (up from 2.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. No independent directors (10 non-independent directors). Director Kazuhide Urata was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.9%). Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥50.71 (vs JP¥31.05 in 1Q 2022) First quarter 2023 results: EPS: JP¥50.71 (up from JP¥31.05 in 1Q 2022). Revenue: JP¥4.73b (up 8.2% from 1Q 2022). Net income: JP¥116.0m (up 63% from 1Q 2022). Profit margin: 2.5% (up from 1.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • May 12
Mansei Corporation, Annual General Meeting, Jun 29, 2022 Mansei Corporation, Annual General Meeting, Jun 29, 2022. Reported Earnings • May 12
Full year 2022 earnings released: EPS: JP¥173 (vs JP¥188 in FY 2021) Full year 2022 results: EPS: JP¥173 (down from JP¥188 in FY 2021). Revenue: JP¥18.7b (down 7.1% from FY 2021). Net income: JP¥395.0m (down 7.9% from FY 2021). Profit margin: 2.1% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. No independent directors (11 non-independent directors). Director Kazuhide Urata was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Mansei Corporation to Report Fiscal Year 2022 Results on May 10, 2022 Mansei Corporation announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.7%). Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥37.56 (down from JP¥41.14 in 3Q 2021). Revenue: JP¥4.57b (down 7.9% from 3Q 2021). Net income: JP¥86.0m (down 8.5% from 3Q 2021). Profit margin: 1.9% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Jan 13
Mansei Osaka City Ordinary Shares Deleted from Other OTC Mansei Corporation Osaka City Ordinary Shares (Japan) has been deleted from Other OTC effective from January 12, 2022, due to Inactive Security. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥50.68 (vs JP¥43.27 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥4.78b (down 1.9% from 2Q 2021). Net income: JP¥116.0m (up 17% from 2Q 2021). Profit margin: 2.4% (up from 2.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Board Change • Nov 08
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 11 non-independent directors. Director Kazuhide Urata was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 04
First quarter 2022 earnings released: EPS JP¥31.03 (vs JP¥31.91 in 1Q 2021) The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: JP¥4.37b (down 5.7% from 1Q 2021). Net income: JP¥71.0m (down 2.7% from 1Q 2021). Profit margin: 1.6% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥188 (vs JP¥206 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥20.1b (down 11% from FY 2020). Net income: JP¥429.0m (down 8.9% from FY 2020). Profit margin: 2.1% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.2%). Is New 90 Day High Low • Mar 09
New 90-day high: JP¥2,900 The company is up 7.0% from its price of JP¥2,700 on 08 December 2020. The Japanese market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electrical industry, which is up 3.0% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS JP¥41.09 (vs JP¥31.47 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥4.96b (down 4.0% from 3Q 2020). Net income: JP¥94.0m (up 31% from 3Q 2020). Profit margin: 1.9% (up from 1.4% 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 but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Dec 30
Mansei Corporation to Report Q3, 2021 Results on Feb 09, 2021 Mansei Corporation announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Dec 28
New 90-day high: JP¥2,869 The company is up 5.0% from its price of JP¥2,734 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 • Sep 03
Mansei Corporation to Report Q2, 2021 Results on Nov 10, 2020 Mansei Corporation announced that they will report Q2, 2021 results on Nov 10, 2020 Announcement • Jul 26
Mansei Corporation to Report Q1, 2021 Results on Aug 07, 2020 Mansei Corporation announced that they will report Q1, 2021 results on Aug 07, 2020 
