Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥33.37 (vs JP¥98.81 in FY 2025) Full year 2026 results: EPS: JP¥33.37 (down from JP¥98.81 in FY 2025). Revenue: JP¥39.0b (up 7.2% from FY 2025). Net income: JP¥590.0m (down 67% from FY 2025). Profit margin: 1.5% (down from 4.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • May 12
JANOME Corporation, Annual General Meeting, Jun 19, 2026 JANOME Corporation, Annual General Meeting, Jun 19, 2026. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,300, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 135% over the past three years. Announcement • May 10
JANOME Corporation to Report Fiscal Year 2026 Results on May 12, 2026 JANOME Corporation announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Buy Or Sell Opportunity • Mar 03
Now 20% undervalued Over the last 90 days, the stock has risen 29% to JP¥1,442. The fair value is estimated to be JP¥1,808, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥40.60 (vs JP¥36.50 in 3Q 2025) Third quarter 2026 results: EPS: JP¥40.60 (up from JP¥36.50 in 3Q 2025). Revenue: JP¥11.0b (up 22% from 3Q 2025). Net income: JP¥723.0m (up 9.7% from 3Q 2025). Profit margin: 6.6% (down from 7.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Jan 07
JANOME Corporation to Report Q3, 2026 Results on Feb 06, 2026 JANOME Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 New Risk • Dec 04
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 136% Dividend yield: 4.8% 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: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (136% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Declared Dividend • Dec 02
First half dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 4.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has increased by an average of 19% 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 16% to shift the payout ratio to a potentially unsustainable range, which is less than the 23% EPS decline seen over the last 5 years. Reported Earnings • Nov 18
Second quarter 2026 earnings released: JP¥6.83 loss per share (vs JP¥8.35 profit in 2Q 2025) Second quarter 2026 results: JP¥6.83 loss per share (down from JP¥8.35 profit in 2Q 2025). Revenue: JP¥9.49b (up 2.1% from 2Q 2025). Net loss: JP¥122.0m (down 180% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Nov 14
JANOME Corporation (TSE:6445) announces an Equity Buyback for 1,960,000 shares, representing 10.97% for ¥1,500 million. JANOME Corporation (TSE:6445) announces a share repurchase program. Under the program, the company will repurchase up to 1,960,000 shares, representing 10.97% of its issued share capital, for ¥1,500 million. The shares will be cancelled. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program is valid till November 16, 2026. As of September 30, 2024, the company had 17,872,481 outstanding shares (excluding treasury stock) and 236,124 shares in treasury. Announcement • Sep 05
JANOME Corporation to Report Q2, 2026 Results on Nov 07, 2025 JANOME Corporation announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: JP¥17.01 loss per share (vs JP¥21.16 profit in 1Q 2025) First quarter 2026 results: JP¥17.01 loss per share (down from JP¥21.16 profit in 1Q 2025). Revenue: JP¥8.00b (down 11% from 1Q 2025). Net loss: JP¥304.0m (down 178% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2025 Payment date: 25th November 2025 Dividend yield will be 4.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 21% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 27
JANOME Corporation to Report Q1, 2026 Results on Aug 08, 2025 JANOME Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: JP¥98.81 (vs JP¥60.11 in FY 2024) Full year 2025 results: EPS: JP¥98.81 (up from JP¥60.11 in FY 2024). Revenue: JP¥36.3b (flat on FY 2024). Net income: JP¥1.79b (up 59% from FY 2024). Profit margin: 4.9% (up from 3.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year. Reported Earnings • May 11
Full year 2025 earnings released: EPS: JP¥98.81 (vs JP¥60.11 in FY 2024) Full year 2025 results: EPS: JP¥98.81 (up from JP¥60.11 in FY 2024). Revenue: JP¥36.3b (flat on FY 2024). Net income: JP¥1.79b (up 59% from FY 2024). Profit margin: 4.9% (up from 3.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 18% per year. Announcement • May 09
JANOME Corporation, Annual General Meeting, Jun 20, 2025 JANOME Corporation, Annual General Meeting, Jun 20, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Announcement • Mar 11
JANOME Corporation to Report Fiscal Year 2025 Results on May 09, 2025 JANOME Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥36.49 (vs JP¥7.21 in 3Q 2024) Third quarter 2025 results: EPS: JP¥36.49 (up from JP¥7.21 in 3Q 2024). Revenue: JP¥8.99b (down 3.7% from 3Q 2024). Net income: JP¥659.0m (up 396% from 3Q 2024). Profit margin: 7.3% (up from 1.4% in 3Q 2024). 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 11% per year, which means it is well ahead of earnings. Announcement • Dec 14
JANOME Corporation to Report Q3, 2025 Results on Feb 07, 2025 JANOME Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,186, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 113% over the past three years. Declared Dividend • Nov 26
First half dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 28th March 2025 Payment date: 24th June 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 20% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Nov 13
Now 20% undervalued Over the last 90 days, the stock has risen 30% to JP¥963. The fair value is estimated to be JP¥1,205, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.2% over the last 3 years. Earnings per share has declined by 32%. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥8.35 (vs JP¥8.85 in 2Q 2024) Second quarter 2025 results: EPS: JP¥8.35 (down from JP¥8.85 in 2Q 2024). Revenue: JP¥9.29b (down 6.0% from 2Q 2024). Net income: JP¥153.0m (down 9.5% from 2Q 2024). Profit margin: 1.6% (down from 1.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • Nov 06
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 6.8% 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 Earnings have declined by 11% per year over the past 5 years. 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 (6.8% average weekly change). Announcement • Sep 26
JANOME Corporation to Report Q2, 2025 Results on Nov 08, 2024 JANOME Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥895, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 49% over the past three years. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥33.98 (vs JP¥7.14 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥33.98 (up from JP¥7.14 loss in 1Q 2024). Revenue: JP¥8.69b (up 14% from 1Q 2024). Net income: JP¥623.0m (up JP¥761.0m from 1Q 2024). Profit margin: 7.2% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥575, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total loss to shareholders of 12% over the past three years. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥60.11 (vs JP¥20.33 loss in FY 2023) Full year 2024 results: EPS: JP¥60.11 (up from JP¥20.33 loss in FY 2023). Revenue: JP¥36.5b (down 5.4% from FY 2023). Net income: JP¥1.13b (up JP¥1.52b from FY 2023). Profit margin: 3.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Jun 08
JANOME Corporation to Report Q1, 2025 Results on Aug 09, 2024 JANOME Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Announcement • May 17
Janome Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025 JANOME Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the period, the company expects net sales to be JPY 40,000 million, operating profit to be JPY 2,500 million or 6.3% against previous guidance of net sales to be JPY 48,000 million, operating profit to be JPY 5,000 million or 10.4%. Net sales and operating profit for the fiscal year ended March 31, 2024, under the Mid-term Business Plan "Reborn 2024," decreased compared to the previous fiscal year. This decline is mainly attributable to the prolonged situation in Russia and Ukraine, the tensions in the Middle East, delayed recovery in demand in China, and higher costs in Japan due to continued yen depreciation. This business environment is expected to continue in the fiscal year ending March 31, 2025, and the company have decided to revised the planned figures. Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥60.11 (vs JP¥20.33 loss in FY 2023) Full year 2024 results: EPS: JP¥60.11 (up from JP¥20.33 loss in FY 2023). Revenue: JP¥36.5b (down 5.4% from FY 2023). Net income: JP¥1.13b (up JP¥1.52b from FY 2023). Profit margin: 3.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • May 12
JANOME Corporation, Annual General Meeting, Jun 21, 2024 JANOME Corporation, Annual General Meeting, Jun 21, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.6%). Announcement • Mar 20
JANOME Corporation to Report Fiscal Year 2024 Results on May 10, 2024 JANOME Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥7.21 (vs JP¥13.30 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥7.21 (up from JP¥13.30 loss in 3Q 2023). Revenue: JP¥9.33b (up 2.1% from 3Q 2023). Net income: JP¥133.0m (up JP¥390.0m from 3Q 2023). Profit margin: 1.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Announcement • Dec 07
JANOME Corporation to Report Q3, 2024 Results on Feb 09, 2024 JANOME Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥8.85 (vs JP¥71.13 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥8.85 (up from JP¥71.13 loss in 2Q 2023). Revenue: JP¥9.89b (up 7.5% from 2Q 2023). Net income: JP¥169.0m (up JP¥1.54b from 2Q 2023). Profit margin: 1.7% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Aug 30
JANOME Corporation to Report Q2, 2024 Results on Nov 10, 2023 JANOME Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Announcement • Aug 10
JANOME Corporation (TSE:6445) announces an Equity Buyback for 1,000,000 shares, representing 5.17% for ¥700 million. JANOME Corporation (TSE:6445) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.17% of its issued share capital, for ¥700 million. The purpose of the program is to improve the level of shareholder returns and improve capital efficiency. The shares repurchased will be cancelled. The program will be valid till March 31, 2024. As of March 31, 2023, the company had 19,331,290 issued shares (excluding treasury stock) and 190,154 shares in treasury stock. Reported Earnings • Aug 10
First quarter 2024 earnings released: JP¥7.14 loss per share (vs JP¥28.92 profit in 1Q 2023) First quarter 2024 results: JP¥7.14 loss per share (down from JP¥28.92 profit in 1Q 2023). Revenue: JP¥7.65b (down 27% from 1Q 2023). Net loss: JP¥138.0m (down 125% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Jun 28
JANOME Corporation to Report Q1, 2024 Results on Aug 09, 2023 JANOME Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 14
Full year 2023 earnings released: JP¥20.33 loss per share (vs JP¥132 profit in FY 2022) Full year 2023 results: JP¥20.33 loss per share (down from JP¥132 profit in FY 2022). Revenue: JP¥38.6b (down 10% from FY 2022). Net loss: JP¥393.0m (down 115% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • May 14
JANOME Corporation, Annual General Meeting, Jun 23, 2023 JANOME Corporation, Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥13.29 loss per share (vs JP¥35.95 profit in 3Q 2022) Third quarter 2023 results: JP¥13.29 loss per share (down from JP¥35.95 profit in 3Q 2022). Revenue: JP¥9.14b (down 18% from 3Q 2022). Net loss: JP¥257.0m (down 137% from profit in 3Q 2022). 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 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 02
JANOME Corporation to Report Q3, 2023 Results on Feb 10, 2023 JANOME Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: JP¥71.13 loss per share (vs JP¥34.76 profit in 2Q 2022) Second quarter 2023 results: JP¥71.13 loss per share (down from JP¥34.76 profit in 2Q 2022). Revenue: JP¥9.20b (down 15% from 2Q 2022). Net loss: JP¥1.38b (down 305% from profit in 2Q 2022). 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 15% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new directors There are 9 new directors who have joined the board in the last 3 years. Independent Outside Director Shoko Sugino was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥71.13 loss per share (vs JP¥34.76 profit in 2Q 2022) Second quarter 2023 results: JP¥71.13 loss per share (down from JP¥34.76 profit in 2Q 2022). Revenue: JP¥9.20b (down 15% from 2Q 2022). Net loss: JP¥1.38b (down 305% from profit in 2Q 2022). 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 16% per year, which means it is significantly lagging earnings growth. Announcement • Sep 22
JANOME Corporation to Report Q2, 2023 Results on Nov 11, 2022 JANOME Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥28.92 (vs JP¥25.61 in 1Q 2022) First quarter 2023 results: EPS: JP¥28.92 (up from JP¥25.61 in 1Q 2022). Revenue: JP¥10.5b (flat on 1Q 2022). Net income: JP¥559.0m (up 13% from 1Q 2022). Profit margin: 5.3% (up from 4.7% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
JANOME Corporation to Report Q1, 2023 Results on Aug 05, 2022 JANOME Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥132 (vs JP¥204 in FY 2021) Full year 2022 results: EPS: JP¥132 (down from JP¥204 in FY 2021). Revenue: JP¥42.9b (down 2.1% from FY 2021). Net income: JP¥2.55b (down 35% from FY 2021). Profit margin: 5.9% (down from 9.0% in FY 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • May 15
JANOME Corporation, Annual General Meeting, Jun 24, 2022 JANOME Corporation, Annual General Meeting, Jun 24, 2022. 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. 4 experienced directors. 7 highly experienced directors. No independent directors (9 non-independent directors). Director Akihiko Aizawa was the last director to join the board, commencing their role in 2016. 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
JANOME Corporation to Report Fiscal Year 2022 Results on May 13, 2022 JANOME Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥35.95 (down from JP¥50.95 in 3Q 2021). Revenue: JP¥11.1b (down 2.3% from 3Q 2021). Net income: JP¥695.0m (down 29% from 3Q 2021). Profit margin: 6.2% (down from 8.6% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥34.76 (vs JP¥58.09 in 2Q 2021) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥10.8b (flat on 2Q 2021). Net income: JP¥672.0m (down 40% from 2Q 2021). Profit margin: 6.2% (down from 11% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 63% 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 • Aug 09
First quarter 2022 earnings released: EPS JP¥25.61 (vs JP¥46.14 in 1Q 2021) The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥10.4b (flat on 1Q 2021). Net income: JP¥495.0m (down 45% from 1Q 2021). Profit margin: 4.7% (down from 8.5% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥204 (vs JP¥21.93 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥43.8b (up 23% from FY 2020). Net income: JP¥3.95b (up JP¥3.52b from FY 2020). Profit margin: 9.0% (up from 1.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%). Announcement • Mar 19
Janome Sewing Machine Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 Janome Sewing Machine Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥935, the stock is trading at a trailing P/E ratio of 5.5x, up from the previous P/E ratio of 4.7x. This compares to an average P/E of 12x in the Consumer Durables industry in Japan. Total returns to shareholders over the past three years are 38%. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥809, the stock is trading at a trailing P/E ratio of 4.8x, down from the previous P/E ratio of 5.7x. This compares to an average P/E of 11x in the Consumer Durables industry in Japan. Total returns to shareholders over the past three years are 16%. Is New 90 Day High Low • Feb 10
New 90-day high: JP¥964 The company is up 50% from its price of JP¥642 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 26% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥50.95 (vs JP¥4.66 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥11.4b (up 26% from 3Q 2020). Net income: JP¥985.0m (up JP¥895.0m from 3Q 2020). Profit margin: 8.6% (up from 1.0% in 3Q 2020). 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 7% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Dec 24
New 90-day high: JP¥889 The company is up 43% from its price of JP¥620 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. Announcement • Dec 11
Janome Sewing Machine Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021 Janome Sewing Machine Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Announcement • Sep 13
Janome Sewing Machine Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020 Janome Sewing Machine Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020 Announcement • Jun 28
Janome Sewing Machine Co., Ltd. to Report Q1, 2021 Results on Aug 07, 2020 Janome Sewing Machine Co., Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020