Announcement • Jun 04
Tomoegawa Corporation to Report Q1, 2027 Results on Aug 07, 2026 Tomoegawa Corporation announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥95.39 (vs JP¥73.00 in FY 2025) Full year 2026 results: EPS: JP¥95.39 (up from JP¥73.00 in FY 2025). Revenue: JP¥35.6b (up 3.3% from FY 2025). Net income: JP¥945.0m (up 26% from FY 2025). Profit margin: 2.7% (up from 2.2% in FY 2025). 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 15
Tomoegawa Corporation, Annual General Meeting, Jun 25, 2026 Tomoegawa Corporation, Annual General Meeting, Jun 25, 2026. New Risk • Apr 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 7.9% 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 High level of debt (45% net debt to equity). Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥8.84b market cap, or US$55.4m). Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥901, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 44% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.3%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥25.50 (vs JP¥23.10 in 3Q 2025) Third quarter 2026 results: EPS: JP¥25.50 (up from JP¥23.10 in 3Q 2025). Revenue: JP¥9.04b (up 3.8% from 3Q 2025). Net income: JP¥250.0m (up 5.9% from 3Q 2025). Profit margin: 2.8% (up from 2.7% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Dec 11
Tomoegawa Corporation to Report Q3, 2026 Results on Feb 10, 2026 Tomoegawa Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 New Risk • Nov 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.6% Last year net profit margin: 2.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by cash flows (125% cash payout ratio). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (JP¥7.54b market cap, or US$48.8m). Announcement • Sep 03
Tomoegawa Corporation to Report Q2, 2026 Results on Nov 11, 2025 Tomoegawa Corporation announced that they will report Q2, 2026 results on Nov 11, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥30.05 (vs JP¥33.17 in 1Q 2025) First quarter 2026 results: EPS: JP¥30.05 (down from JP¥33.17 in 1Q 2025). Revenue: JP¥8.53b (flat on 1Q 2025). Net income: JP¥303.0m (down 12% from 1Q 2025). Profit margin: 3.6% (down from 4.0% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 43% 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 • Jun 30
Full year 2025 earnings released: EPS: JP¥73.00 (vs JP¥57.28 in FY 2024) Full year 2025 results: EPS: JP¥73.00 (up from JP¥57.28 in FY 2024). Revenue: JP¥34.4b (up 2.2% from FY 2024). Net income: JP¥749.0m (up 26% from FY 2024). Profit margin: 2.2% (up from 1.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jun 14
Tomoegawa Corporation to Report Q1, 2026 Results on Aug 08, 2025 Tomoegawa Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥698, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 19% over the past three years. Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥73.00 (vs JP¥57.28 in FY 2024) Full year 2025 results: EPS: JP¥73.00 (up from JP¥57.28 in FY 2024). Revenue: JP¥34.4b (up 2.2% from FY 2024). Net income: JP¥749.0m (up 26% from FY 2024). Profit margin: 2.2% (up from 1.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% 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. Announcement • May 15
Tomoegawa Corporation, Annual General Meeting, Jun 26, 2025 Tomoegawa Corporation, Annual General Meeting, Jun 26, 2025. New Risk • Apr 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). 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 (5.3% average weekly change). Market cap is less than US$100m (JP¥6.27b market cap, or US$43.2m). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥616, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total loss to shareholders of 19% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). Announcement • Mar 12
Tomoegawa Corporation to Report Fiscal Year 2025 Results on May 15, 2025 Tomoegawa 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¥23.10 (vs JP¥2.22 in 3Q 2024) Third quarter 2025 results: EPS: JP¥23.10 (up from JP¥2.22 in 3Q 2024). Revenue: JP¥8.71b (up 3.1% from 3Q 2024). Net income: JP¥236.0m (up JP¥213.0m from 3Q 2024). Profit margin: 2.7% (up from 0.3% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥807, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 9.5% over the past three years. Announcement • Jan 17
Tomoegawa Corporation to Report Q3, 2025 Results on Feb 13, 2025 Tomoegawa Corporation announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Nov 15
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥7.72b market cap, or US$49.4m). Reported Earnings • Nov 11
Second quarter 2025 earnings released: EPS: JP¥40.02 (vs JP¥9.84 in 2Q 2024) Second quarter 2025 results: EPS: JP¥40.02 (up from JP¥9.84 in 2Q 2024). Revenue: JP¥8.74b (up 6.8% from 2Q 2024). Net income: JP¥415.0m (up 307% from 2Q 2024). Profit margin: 4.8% (up from 1.2% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Nov 09
Tomoegawa Corporation (TSE:3878) announces an Equity Buyback for 300,000 shares, representing 2.89% for ¥222.3 million. Tomoegawa Corporation (TSE:3878) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 2.89% of its issued share capital, for ¥222.300 million. The shares will be repurchased at a price of ¥741 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies. The repurchase will expire on November 11, 2024. As of September 30, 2024, the company had 10,389,406 shares outstanding (excluding treasury shares) and 18,399 shares in treasury. 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 Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (JP¥7.90b market cap, or US$56.2m). Announcement • Aug 29
Tomoegawa Corporation to Report Q2, 2025 Results on Nov 08, 2024 Tomoegawa Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥33.17 (vs JP¥31.72 in 1Q 2024) First quarter 2025 results: EPS: JP¥33.17 (up from JP¥31.72 in 1Q 2024). Revenue: JP¥8.49b (up 2.2% from 1Q 2024). Net income: JP¥344.0m (up 4.6% from 1Q 2024). Profit margin: 4.0% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥6.64b market cap, or US$46.6m). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥790, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total loss to shareholders of 7.9% over the past three years. Announcement • Jun 14
Tomoegawa Corporation to Report Q1, 2025 Results on Aug 09, 2024 Tomoegawa Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥57.28 (vs JP¥135 in FY 2023) Full year 2024 results: EPS: JP¥57.28 (down from JP¥135 in FY 2023). Revenue: JP¥33.7b (down 1.4% from FY 2023). Net income: JP¥594.0m (down 58% from FY 2023). Profit margin: 1.8% (down from 4.1% in FY 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Announcement • May 16
Tomoegawa Corporation, Annual General Meeting, Jun 26, 2024 Tomoegawa Corporation, Annual General Meeting, Jun 26, 2024. Announcement • Apr 10
Tomoegawa Corporation to Report Fiscal Year 2024 Results on May 14, 2024 Tomoegawa Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,050, the stock trades at a trailing P/E ratio of 60.2x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 36% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 June 2024. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.1%). Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥2.22 (vs JP¥40.40 in 3Q 2023) Third quarter 2024 results: EPS: JP¥2.22 (down from JP¥40.40 in 3Q 2023). Revenue: JP¥8.44b (up 1.3% from 3Q 2023). Net income: JP¥23.0m (down 95% from 3Q 2023). Profit margin: 0.3% (down from 5.0% in 3Q 2023). 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 1% per year, which means it is significantly lagging earnings growth. Announcement • Dec 30
Tomoegawa Co., Ltd. to Report Q3, 2024 Results on Feb 13, 2024 Tomoegawa Co., Ltd. announced that they will report Q3, 2024 results on Feb 13, 2024 Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥803, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 3.9% over the past three years. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥9.84 (vs JP¥12.44 in 2Q 2023) Second quarter 2024 results: EPS: JP¥9.84 (down from JP¥12.44 in 2Q 2023). Revenue: JP¥8.18b (down 5.3% from 2Q 2023). Net income: JP¥102.0m (down 21% from 2Q 2023). Profit margin: 1.2% (down from 1.5% 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 58% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Oct 05
Tomoegawa Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Tomoegawa Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Aug 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 6.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥6.92b market cap, or US$47.7m). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥32.88 (vs JP¥109 in 1Q 2023) First quarter 2024 results: EPS: JP¥32.88 (down from JP¥109 in 1Q 2023). Revenue: JP¥8.32b (down 6.5% from 1Q 2023). Net income: JP¥341.0m (down 70% from 1Q 2023). Profit margin: 4.1% (down from 13% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jun 30
Tomoegawa Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Tomoegawa Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥140 (vs JP¥163 in FY 2022) Full year 2023 results: EPS: JP¥140 (down from JP¥163 in FY 2022). Revenue: JP¥34.2b (up 4.2% from FY 2022). Net income: JP¥1.45b (down 12% from FY 2022). Profit margin: 4.2% (down from 5.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • May 14
Tomoegawa Co., Ltd., Annual General Meeting, Jun 28, 2023 Tomoegawa Co., Ltd., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.8%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥47.63 (vs JP¥61.96 in 3Q 2022) Third quarter 2023 results: EPS: JP¥47.63 (down from JP¥61.96 in 3Q 2022). Revenue: JP¥8.33b (down 3.1% from 3Q 2022). Net income: JP¥494.0m (down 22% from 3Q 2022). Profit margin: 5.9% (down from 7.3% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Dec 29
Tomoegawa Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Tomoegawa Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥12.44 (vs JP¥40.83 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.44 (down from JP¥40.83 in 2Q 2022). Revenue: JP¥8.64b (up 6.4% from 2Q 2022). Net income: JP¥129.0m (down 69% from 2Q 2022). Profit margin: 1.5% (down from 5.1% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Outside Director Jin Endo was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥12.44 (vs JP¥40.83 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.44 (down from JP¥40.83 in 2Q 2022). Revenue: JP¥8.64b (up 6.4% from 2Q 2022). Net income: JP¥129.0m (down 69% from 2Q 2022). Profit margin: 1.5% (down from 5.1% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 04
Tomoegawa Co., Ltd. to Report Q2, 2023 Results on Nov 10, 2022 Tomoegawa Co., Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 15
First quarter 2023 earnings released: EPS: JP¥111 (vs JP¥41.14 in 1Q 2022) First quarter 2023 results: EPS: JP¥111 (up from JP¥41.14 in 1Q 2022). Revenue: JP¥8.89b (up 18% from 1Q 2022). Net income: JP¥1.15b (up 176% from 1Q 2022). Profit margin: 13% (up from 5.5% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥728, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total loss to shareholders of 23% over the past three years. Announcement • Jul 06
Tomoegawa Co., Ltd. to Report Q1, 2023 Results on Aug 12, 2022 Tomoegawa Co., Ltd. announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥163 (vs JP¥115 loss in FY 2021) Full year 2022 results: EPS: JP¥163 (up from JP¥115 loss in FY 2021). Revenue: JP¥32.8b (up 6.6% from FY 2021). Net income: JP¥1.65b (up JP¥2.80b from FY 2021). Profit margin: 5.0% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • May 15
Tomoegawa Co., Ltd., Annual General Meeting, Jun 28, 2022 Tomoegawa Co., Ltd., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Outside Director Jin Endo was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Tomoegawa Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Tomoegawa Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥61.96 (up from JP¥19.53 in 3Q 2021). Revenue: JP¥8.60b (up 8.3% from 3Q 2021). Net income: JP¥629.0m (up 221% from 3Q 2021). Profit margin: 7.3% (up from 2.5% 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 increased by 79% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥40.83 (vs JP¥103 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.12b (up 18% from 2Q 2021). Net income: JP¥413.0m (up JP¥1.44b from 2Q 2021). Profit margin: 5.1% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS JP¥41.14 (vs JP¥64.42 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.54b (up 6.9% from 1Q 2021). Net income: JP¥416.0m (up JP¥1.06b from 1Q 2021). Profit margin: 5.5% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • May 18
Full year 2021 earnings released: JP¥115 loss per share (vs JP¥50.39 profit in FY 2020) The company reported a poor full year result with weaker earnings and control over costs, although revenues were flat. Full year 2021 results: Revenue: JP¥30.8b (flat on FY 2020). Net loss: JP¥1.15b (down 326% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Apr 01
Tomoegawa Co., Ltd. announced that it has received ¥2 billion in funding from SMBC Capital Partners Co., Ltd. On March 31, 2021, Tomoegawa Co., Ltd. (TSE:3878) closed the transaction. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥19.53 (vs JP¥7.90 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥7.94b (up 3.2% from 3Q 2020). Net income: JP¥196.0m (up JP¥276.0m from 3Q 2020). Profit margin: 2.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Feb 09
Tomoegawa Co., Ltd. announced that it expects to receive ¥2 billion in funding from SMBC Capital Partners Co., Ltd. Tomoegawa Co., Ltd. (TSE:3878) announced a private placement of 2,000,000 Class A preferred stock at the price of ¥1,000 for gross proceeds of ¥2,000,000,000 on February 8, 2021. The transaction will include participation from new investor SMBCCP No. 1 Fund L.P. a fund managed by SMBC Capital Partners Co., Ltd through third party allotment method. The transaction has been approved by the board of directors of the company. The transaction is expected to close on March 31, 2021. Announcement • Jan 09
Tomoegawa Co., Ltd. to Report Q3, 2021 Results on Feb 08, 2021 Tomoegawa Co., Ltd. announced that they will report Q3, 2021 results on Feb 08, 2021 Is New 90 Day High Low • Dec 23
New 90-day low: JP¥794 The company is down 15% from its price of JP¥932 on 24 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 Chemicals industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥804 The company is down 1.0% from its price of JP¥811 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 19% over the same period. Announcement • Sep 12
Tomoegawa Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020 Tomoegawa Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020 Announcement • Jul 17
Tomoegawa Co., Ltd. to Report Q1, 2021 Results on Aug 07, 2020 Tomoegawa Co., Ltd. announced that they will report Q1, 2021 results on Aug 07, 2020