Upcoming Dividend • Jun 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 20 August 2026. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.7%). Announcement • May 30
Chofu Seisakusho Co., Ltd. to Report Q2, 2026 Results on Aug 07, 2026 Chofu Seisakusho Co., Ltd. announced that they will report Q2, 2026 results on Aug 07, 2026 Reported Earnings • May 12
First quarter 2026 earnings released: EPS: JP¥23.65 (vs JP¥16.41 in 1Q 2025) First quarter 2026 results: EPS: JP¥23.65 (up from JP¥16.41 in 1Q 2025). Revenue: JP¥11.1b (up 1.5% from 1Q 2025). Net income: JP¥804.0m (up 44% from 1Q 2025). Profit margin: 7.2% (up from 5.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Declared Dividend • Apr 11
Final dividend of JP¥23.00 announced Dividend of JP¥23.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 20th August 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 20% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.2% EPS decline seen over the last 5 years. Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥63.94 (vs JP¥92.43 in FY 2024) Full year 2025 results: EPS: JP¥63.94 (down from JP¥92.43 in FY 2024). Revenue: JP¥46.5b (flat on FY 2024). Net income: JP¥2.17b (down 31% from FY 2024). Profit margin: 4.7% (down from 6.8% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 21% 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. Announcement • Feb 13
Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 19, 2026 Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 19, 2026. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 March 2026. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Announcement • Dec 03
Chofu Seisakusho Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026 Chofu Seisakusho Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026 Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: JP¥20.76 (vs JP¥25.71 in 3Q 2024) Third quarter 2025 results: EPS: JP¥20.76 (down from JP¥25.71 in 3Q 2024). Revenue: JP¥10.9b (down 5.0% from 3Q 2024). Net income: JP¥706.0m (down 19% from 3Q 2024). Profit margin: 6.5% (down from 7.6% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings have declined by 0.04% 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 0.04% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.6% net profit margin). Announcement • Sep 02
Chofu Seisakusho Co., Ltd. to Report Q3, 2025 Results on Nov 07, 2025 Chofu Seisakusho Co., Ltd. announced that they will report Q3, 2025 results on Nov 07, 2025 Declared Dividend • Aug 21
First half dividend of JP¥23.00 announced Dividend of JP¥23.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 24th March 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 62% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.3% EPS decline seen over the last 5 years. Reported Earnings • Aug 09
Second quarter 2025 earnings released: JP¥12.50 loss per share (vs JP¥10.22 profit in 2Q 2024) Second quarter 2025 results: JP¥12.50 loss per share (down from JP¥10.22 profit in 2Q 2024). Revenue: JP¥10.2b (up 5.7% from 2Q 2024). Net loss: JP¥425.0m (down 223% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 20 August 2025. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%). Announcement • May 31
Chofu Seisakusho Co., Ltd. to Report Q2, 2025 Results on Aug 08, 2025 Chofu Seisakusho Co., Ltd. announced that they will report Q2, 2025 results on Aug 08, 2025 Reported Earnings • May 10
First quarter 2025 earnings released: EPS: JP¥16.41 (vs JP¥18.47 in 1Q 2024) First quarter 2025 results: EPS: JP¥16.41 (down from JP¥18.47 in 1Q 2024). Revenue: JP¥11.0b (up 3.4% from 1Q 2024). Net income: JP¥558.0m (down 11% from 1Q 2024). Profit margin: 5.1% (down from 5.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year and the company’s share price has also fallen by 1% per year. Declared Dividend • Apr 11
Final dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 27th June 2025 Payment date: 20th August 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (145% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 25
Chofu Seisakusho Co., Ltd. to Report Q1, 2025 Results on May 09, 2025 Chofu Seisakusho Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025 New Risk • Feb 11
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 145% Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 08
Full year 2024 earnings released: EPS: JP¥92.43 (vs JP¥117 in FY 2023) Full year 2024 results: EPS: JP¥92.43 (down from JP¥117 in FY 2023). Revenue: JP¥46.1b (down 4.9% from FY 2023). Net income: JP¥3.14b (down 22% from FY 2023). Profit margin: 6.8% (down from 8.2% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Announcement • Feb 07
Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 21, 2025 Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 21, 2025. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 29 March 2025. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Announcement • Dec 06
Chofu Seisakusho Co., Ltd. to Report Fiscal Year 2024 Results on Feb 07, 2025 Chofu Seisakusho Co., Ltd. announced that they will report fiscal year 2024 results on Feb 07, 2025 Reported Earnings • Nov 16
Third quarter 2024 earnings released: EPS: JP¥25.71 (vs JP¥24.50 in 3Q 2023) Third quarter 2024 results: EPS: JP¥25.71 (up from JP¥24.50 in 3Q 2023). Revenue: JP¥11.5b (up 2.2% from 3Q 2023). Net income: JP¥873.0m (up 4.4% from 3Q 2023). Profit margin: 7.6% (up from 7.4% 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 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Aug 28
Chofu Seisakusho Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024 Chofu Seisakusho Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: JP¥10.22 (vs JP¥23.62 in 2Q 2023) Second quarter 2024 results: EPS: JP¥10.22 (down from JP¥23.62 in 2Q 2023). Revenue: JP¥9.62b (down 11% from 2Q 2023). Net income: JP¥347.0m (down 57% from 2Q 2023). Profit margin: 3.6% (down from 7.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Declared Dividend • Aug 11
Dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 27th December 2024 Payment date: 29th March 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 4.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 6.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 21 August 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.8%). Announcement • Jun 02
Chofu Seisakusho Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024 Chofu Seisakusho Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024 Reported Earnings • May 12
First quarter 2024 earnings released: EPS: JP¥18.47 (vs JP¥30.20 in 1Q 2023) First quarter 2024 results: EPS: JP¥18.47 (down from JP¥30.20 in 1Q 2023). Revenue: JP¥10.6b (down 15% from 1Q 2023). Net income: JP¥627.0m (down 40% from 1Q 2023). Profit margin: 5.9% (down from 8.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 11
Final dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 27th June 2024 Payment date: 21st August 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 8.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 28
Chofu Seisakusho Co., Ltd. to Report Q1, 2024 Results on May 10, 2024 Chofu Seisakusho Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024 Buy Or Sell Opportunity • Feb 13
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at JP¥2,067. The fair value is estimated to be JP¥1,693, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 14%. Reported Earnings • Feb 10
Full year 2023 earnings released: EPS: JP¥117 (vs JP¥112 in FY 2022) Full year 2023 results: EPS: JP¥117 (up from JP¥112 in FY 2022). Revenue: JP¥48.5b (down 2.6% from FY 2022). Net income: JP¥4.00b (up 3.4% from FY 2022). Profit margin: 8.2% (up from 7.8% in FY 2022). The increase in margin was driven by lower expenses. 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 1% per year, which means it is significantly lagging earnings. Announcement • Feb 10
Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 28, 2024 Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 28, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥20.00 per share at 2.0% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 27 March 2024. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%). Announcement • Dec 20
Chofu Seisakusho Co., Ltd. to Report Fiscal Year 2023 Results on Feb 08, 2024 Chofu Seisakusho Co., Ltd. announced that they will report fiscal year 2023 results on Feb 08, 2024 Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: JP¥24.50 (vs JP¥26.95 in 3Q 2022) Third quarter 2023 results: EPS: JP¥24.50 (down from JP¥26.95 in 3Q 2022). Revenue: JP¥11.2b (down 6.5% from 3Q 2022). Net income: JP¥836.0m (down 11% from 3Q 2022). Profit margin: 7.4% (down from 7.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Aug 31
Chofu Seisakusho Co., Ltd. to Report Q3, 2023 Results on Nov 07, 2023 Chofu Seisakusho Co., Ltd. announced that they will report Q3, 2023 results on Nov 07, 2023 Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: JP¥23.62 (vs JP¥25.48 in 2Q 2022) Second quarter 2023 results: EPS: JP¥23.62 (down from JP¥25.48 in 2Q 2022). Revenue: JP¥10.8b (down 7.2% from 2Q 2022). Net income: JP¥808.0m (down 8.7% from 2Q 2022). Profit margin: 7.5% (down from 7.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥20.00 per share at 1.5% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.6%). Announcement • Jun 10
Chofu Seisakusho Co., Ltd. (TSE:5946) announces an Equity Buyback for 300,000 shares, representing 0.88% for ¥750 million. Chofu Seisakusho Co., Ltd. (TSE:5946) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 0.88% of its issued share capital for ¥750 million. The purpose of the program is to implement a flexible capital policy in response to future changes in the business environment. The program is valid till November 30, 2023. As of May 31, 2023, the company had 34,239,312 shares issued (excluding treasury stock) and had 500,000 shares in treasury. Announcement • Jun 07
Chofu Seisakusho Co., Ltd. to Report Q2, 2023 Results on Aug 10, 2023 Chofu Seisakusho Co., Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023 Reported Earnings • May 12
First quarter 2023 earnings released: EPS: JP¥30.20 (vs JP¥20.81 in 1Q 2022) First quarter 2023 results: EPS: JP¥30.20 (up from JP¥20.81 in 1Q 2022). Revenue: JP¥12.5b (up 6.3% from 1Q 2022). Net income: JP¥1.04b (up 43% from 1Q 2022). Profit margin: 8.3% (up from 6.1% 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 19% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: JP¥112 (vs JP¥83.85 in FY 2021) Full year 2022 results: EPS: JP¥112 (up from JP¥83.85 in FY 2021). Revenue: JP¥49.8b (up 11% from FY 2021). Net income: JP¥3.87b (up 33% from FY 2021). Profit margin: 7.8% (up from 6.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Feb 11
Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 24, 2023 Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 24, 2023. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.0%). Announcement • Dec 06
Chofu Seisakusho Co., Ltd. to Report Fiscal Year 2022 Results on Feb 10, 2023 Chofu Seisakusho Co., Ltd. announced that they will report fiscal year 2022 results on Feb 10, 2023 Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: JP¥26.95 (vs JP¥20.41 in 3Q 2021) Third quarter 2022 results: EPS: JP¥26.95 (up from JP¥20.41 in 3Q 2021). Revenue: JP¥12.0b (up 11% from 3Q 2021). Net income: JP¥935.0m (up 32% from 3Q 2021). Profit margin: 7.8% (up from 6.5% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Sep 11
Chofu Seisakusho Co., Ltd. to Report Q3, 2022 Results on Nov 02, 2022 Chofu Seisakusho Co., Ltd. announced that they will report Q3, 2022 results on Nov 02, 2022 Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: JP¥25.48 (vs JP¥13.93 in 2Q 2021) Second quarter 2022 results: EPS: JP¥25.48 (up from JP¥13.93 in 2Q 2021). Revenue: JP¥11.7b (up 16% from 2Q 2021). Net income: JP¥885.0m (up 83% from 2Q 2021). Profit margin: 7.6% (up from 4.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Aug 10
Chofu Seisakusho Co., Ltd. (TSE:5946) announces an Equity Buyback for 500,000 shares, representing 1.44% for ¥1,100 million. Chofu Seisakusho Co., Ltd. (TSE:5946) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.44% of its issued share capital for ¥1,100 million. The purpose of the program is to return profits to shareholders, improve capital efficiency and implement a flexible capital policy in response to future changes in the business environment. The repurchased shares will be cancelled. The program is valid till February 28, 2023. As of June 30, 2022, the company had 34,739,312 shares issued (excluding treasury stock) and had 1,241,188 shares in treasury. Announcement • Jun 30
Chofu Seisakusho Co., Ltd. to Report Q2, 2022 Results on Aug 09, 2022 Chofu Seisakusho Co., Ltd. announced that they will report Q2, 2022 results on Aug 09, 2022 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 22 August 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Reported Earnings • May 13
First quarter 2022 earnings released: EPS: JP¥20.81 (vs JP¥24.30 in 1Q 2021) First quarter 2022 results: EPS: JP¥20.81 (down from JP¥24.30 in 1Q 2021). Revenue: JP¥11.8b (flat on 1Q 2021). Net income: JP¥723.0m (down 14% from 1Q 2021). Profit margin: 6.1% (down from 7.2% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Feb 27
Chofu Seisakusho Co., Ltd. to Report Q1, 2022 Results on May 11, 2022 Chofu Seisakusho Co., Ltd. announced that they will report Q1, 2022 results on May 11, 2022 Announcement • Feb 12
Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 25, 2022 Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 25, 2022. Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥83.85 (up from JP¥75.05 in FY 2020). Revenue: JP¥44.9b (up 3.1% from FY 2020). Net income: JP¥2.91b (up 12% from FY 2020). Profit margin: 6.5% (up from 6.0% in FY 2020). 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 increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS JP¥20.41 (vs JP¥19.58 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥10.8b (up 5.5% from 3Q 2020). Net income: JP¥709.0m (up 4.3% from 3Q 2020). Profit margin: 6.5% (down from 6.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 04
Second quarter 2021 earnings released: EPS JP¥13.93 (vs JP¥12.35 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥10.1b (up 11% from 2Q 2020). Net income: JP¥484.0m (up 13% from 2Q 2020). Profit margin: 4.8% (up from 4.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 20 August 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Reported Earnings • May 14
First quarter 2021 earnings released: EPS JP¥24.30 (vs JP¥9.15 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥11.7b (up 10% from 1Q 2020). Net income: JP¥844.0m (up 165% from 1Q 2020). Profit margin: 7.2% (up from 3.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 06
Full year 2020 earnings released: EPS JP¥75.04 (vs JP¥52.85 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥43.5b (down 3.8% from FY 2019). Net income: JP¥2.61b (up 42% from FY 2019). Profit margin: 6.0% (up from 4.1% in FY 2019). 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 5% per year. Announcement • Mar 14
Chofu Seisakusho Co., Ltd. to Report Q1, 2021 Results on May 12, 2021 Chofu Seisakusho Co., Ltd. announced that they will report Q1, 2021 results on May 12, 2021 Announcement • Feb 10
Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 26, 2021 Chofu Seisakusho Co., Ltd., Annual General Meeting, Mar 26, 2021. Reported Earnings • Feb 07
Full year 2020 earnings released: EPS JP¥75.04 (vs JP¥52.85 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥43.5b (down 3.8% from FY 2019). Net income: JP¥2.61b (up 42% from FY 2019). Profit margin: 6.0% (up from 4.1% in FY 2019). 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 5% per year. Is New 90 Day High Low • Jan 29
New 90-day low: JP¥2,027 The company is down 5.0% from its price of JP¥2,127 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 22% over the same period. Is New 90 Day High Low • Jan 12
New 90-day high: JP¥2,205 The company is up 4.0% from its price of JP¥2,127 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 28% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of JP¥16.00 Per Share Will be paid on the 30th of March to those who are registered shareholders by the 29th of December. The trailing yield of 1.5% is below the top quartile of Japanese dividend payers (3.0%), but it is higher than industry peers (1.4%). Announcement • Dec 05
Chofu Seisakusho Co., Ltd. to Report Fiscal Year 2020 Results on Feb 05, 2021 Chofu Seisakusho Co., Ltd. announced that they will report fiscal year 2020 results on Feb 05, 2021 Is New 90 Day High Low • Dec 02
New 90-day low: JP¥2,037 The company is down 1.0% from its price of JP¥2,062 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period. Announcement • Aug 31
Chofu Seisakusho Co., Ltd. to Report Q3, 2020 Results on Nov 06, 2020 Chofu Seisakusho Co., Ltd. announced that they will report Q3, 2020 results on Nov 06, 2020 
