New Risk • May 18
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: 1.3% Last year net profit margin: 2.3% 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 Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (JP¥2.63b market cap, or US$16.6m). Reported Earnings • May 18
First quarter 2026 earnings released: EPS: JP¥40.56 (vs JP¥115 in 1Q 2025) First quarter 2026 results: EPS: JP¥40.56 (down from JP¥115 in 1Q 2025). Revenue: JP¥4.23b (down 1.2% from 1Q 2025). Net income: JP¥45.0m (down 65% from 1Q 2025). Profit margin: 1.1% (down from 3.0% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Feb 10
Full year 2025 earnings released: EPS: JP¥285 (vs JP¥223 in FY 2024) Full year 2025 results: EPS: JP¥285 (up from JP¥223 in FY 2024). Revenue: JP¥17.9b (down 1.3% from FY 2024). Net income: JP¥315.0m (up 27% from FY 2024). Profit margin: 1.8% (up from 1.4% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Feb 09
Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 27, 2026 Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 27, 2026. Announcement • Dec 26
Furubayashi Shiko Co.,Ltd. to Report Fiscal Year 2025 Results on Feb 09, 2026 Furubayashi Shiko Co.,Ltd. announced that they will report fiscal year 2025 results on Feb 09, 2026 Upcoming Dividend • Dec 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.0%). Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: JP¥10.81 (vs JP¥16.04 in 3Q 2024) Third quarter 2025 results: EPS: JP¥10.81 (down from JP¥16.04 in 3Q 2024). Revenue: JP¥4.37b (up 1.2% from 3Q 2024). Net income: JP¥12.0m (down 33% from 3Q 2024). Profit margin: 0.3% (down from 0.4% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 8% per year, which means it is well ahead of earnings. Announcement • Sep 18
Furubayashi Shiko Co.,Ltd. to Report Q3, 2025 Results on Nov 10, 2025 Furubayashi Shiko Co.,Ltd. announced that they will report Q3, 2025 results on Nov 10, 2025 Reported Earnings • Aug 10
Second quarter 2025 earnings released: EPS: JP¥88.90 (vs JP¥143 in 2Q 2024) Second quarter 2025 results: EPS: JP¥88.90 (down from JP¥143 in 2Q 2024). Revenue: JP¥4.35b (down 9.7% from 2Q 2024). Net income: JP¥98.0m (down 38% from 2Q 2024). Profit margin: 2.3% (down from 3.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 16 September 2025. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (3.5%). Announcement • Jun 12
Furubayashi Shiko Co.,Ltd. to Report Q2, 2025 Results on Aug 08, 2025 Furubayashi Shiko Co.,Ltd. announced that they will report Q2, 2025 results on Aug 08, 2025 Reported Earnings • May 11
First quarter 2025 earnings released: EPS: JP¥115 (vs JP¥39.68 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥115 (up from JP¥39.68 loss in 1Q 2024). Revenue: JP¥4.28b (up 6.0% from 1Q 2024). Net income: JP¥127.0m (up JP¥171.0m from 1Q 2024). Profit margin: 3.0% (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 increased by 3% per year and the company’s share price has also increased by 3% per year. Announcement • Mar 27
Furubayashi Shiko Co.,Ltd. to Report Q1, 2025 Results on May 09, 2025 Furubayashi Shiko Co.,Ltd. announced that they will report Q1, 2025 results on May 09, 2025 Announcement • Feb 12
Furubayashi Shiko Co.,Ltd. (TSE:3944) announces an Equity Buyback for 16,800 shares, representing 1.51% for ¥31.95 million. Furubayashi Shiko Co.,Ltd. (TSE:3944) announces a share repurchase program. Under the program, the company will repurchase up to 16,800 shares, representing 1.51% of its issued share capital (excluding treasury stock), for a total purchase price of ¥31.95 million. The shares will be repurchased at a price of ¥1,902 per share. The purpose of the program is to increase shareholder value of the Company's shares and ensure greater options and flexibility in future capital policies. As of February 12, 2025, the company had 1,112,084 issued shares (excluding treasury stock) and 664,736 treasury shares. Reported Earnings • Feb 08
Full year 2024 earnings released: EPS: JP¥223 (vs JP¥397 in FY 2023) Full year 2024 results: EPS: JP¥223 (down from JP¥397 in FY 2023). Revenue: JP¥18.1b (up 1.1% from FY 2023). Net income: JP¥248.0m (down 44% from FY 2023). Profit margin: 1.4% (down from 2.5% in FY 2023). 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 2% per year, which means it is significantly lagging earnings. Announcement • Feb 07
Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 28, 2025 Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 28, 2025. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.2%). Announcement • Dec 14
Furubayashi Shiko Co.,Ltd. to Report Fiscal Year 2024 Results on Feb 07, 2025 Furubayashi Shiko Co.,Ltd. announced that they will report fiscal year 2024 results on Feb 07, 2025 Reported Earnings • Nov 11
Third quarter 2024 earnings released: EPS: JP¥16.04 (vs JP¥101 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.04 (down from JP¥101 in 3Q 2023). Revenue: JP¥4.32b (down 5.5% from 3Q 2023). Net income: JP¥18.0m (down 84% from 3Q 2023). Profit margin: 0.4% (down from 2.5% in 3Q 2023). 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 • Sep 26
Furubayashi Shiko Co.,Ltd. (TSE:3944) announces an Equity Buyback for 10,000 shares, representing 0.89% for ¥18.42 million. Furubayashi Shiko Co.,Ltd. (TSE:3944) announces a share repurchase program. Under the program, the company will repurchase up to 10,00 shares, representing 0.89% of its issued share capital (excluding treasury stock), for a total purchase price of ¥18.42 million. The shares will be repurchased at a price of ¥1,842 per share. The purpose of the program is to increase shareholder value of the company's shares, expand options in future capital policies, and ensure flexibility. As of September 25, 2024, the company had 1,122,084 issued shares (excluding treasury stock) and 654,736 treasury shares. Announcement • Sep 19
Furubayashi Shiko Co.,Ltd. to Report Q3, 2024 Results on Nov 08, 2024 Furubayashi Shiko Co.,Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024 New Risk • Aug 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor 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 Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (JP¥2.17b market cap, or US$15.0m). Upcoming Dividend • Jun 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 17 September 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.1%). Announcement • Jun 15
Furubayashi Shiko Co.,Ltd. to Report Q2, 2024 Results on Aug 09, 2024 Furubayashi Shiko Co.,Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024 Reported Earnings • May 13
First quarter 2024 earnings released: JP¥39.69 loss per share (vs JP¥96.57 profit in 1Q 2023) First quarter 2024 results: JP¥39.69 loss per share (down from JP¥96.57 profit in 1Q 2023). Revenue: JP¥4.04b (down 4.1% from 1Q 2023). Net loss: JP¥44.0m (down 141% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • May 11
Furubayashi Shiko Co.,Ltd. (TSE:3944) announces an Equity Buyback for 1,100 shares, representing 0.1% for ¥2.27 million. Furubayashi Shiko Co.,Ltd. (TSE:3944) announces a share repurchase program. Under the program, the company will repurchase up to 1,100 shares, representing 0.10% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2.27 million. The shares will be repurchased at a price of ¥2,060 per share. The purpose of the program is to increase shareholder value of the company's shares, expand options in future capital policies, and ensure flexibility. As of May 10, 2024, the company had 1,108,564 issued shares (excluding treasury stock) and 668,256 treasury shares. Announcement • Mar 20
Furubayashi Shiko Co.,Ltd. (TSE:3944) agreed to acquire remaining 63.2% stake in Kongo Unso K.K. for ¥18.5 million. Furubayashi Shiko Co.,Ltd. (TSE:3944) agreed to acquire remaining 63.2% stake in Kongo Unso K.K. for ¥18.5 million on March 19, 2024. The consideration consists of ¥18.49 million in cash. Kongo Unso K.K. will become wholly owned subsidiary of Furubayashi Shiko Co.,Ltd. as a result of this transaction. Kongo Unso K.K. reported Total revenue of ¥213.9 million, Total assets worth ¥242.6 million, EBIT of ¥5.45 million, Net income of ¥5.56 million and Total common equity of ¥82.3 million as on Fiscal year ending March 2023. Transaction is expected to complete on April 1, 2024. Announcement • Mar 17
Furubayashi Shiko Co.,Ltd. to Report Q1, 2024 Results on May 10, 2024 Furubayashi Shiko Co.,Ltd. announced that they will report Q1, 2024 results on May 10, 2024 Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: JP¥397 (vs JP¥299 in FY 2022) Full year 2023 results: EPS: JP¥397 (up from JP¥299 in FY 2022). Revenue: JP¥17.9b (up 5.0% from FY 2022). Net income: JP¥439.0m (up 33% from FY 2022). Profit margin: 2.5% (up from 1.9% 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 69% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 11
Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 28, 2024 Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 28, 2024. New Risk • Feb 09
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 6.2% 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 9.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (JP¥2.31b market cap, or US$15.5m). Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,087, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 10x in the Packaging industry in Japan. Total loss to shareholders of 11% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥25.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.9%). Announcement • Dec 13
Furubayashi Shiko Co.,Ltd. to Report Fiscal Year 2023 Results on Feb 09, 2024 Furubayashi Shiko Co.,Ltd. announced that they will report fiscal year 2023 results on Feb 09, 2024 Reported Earnings • Nov 12
Third quarter 2023 earnings released: EPS: JP¥101 (vs JP¥142 in 3Q 2022) Third quarter 2023 results: EPS: JP¥101 (down from JP¥142 in 3Q 2022). Revenue: JP¥4.57b (down 2.9% from 3Q 2022). Net income: JP¥112.0m (down 29% from 3Q 2022). Profit margin: 2.5% (down from 3.3% 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 80% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buying Opportunity • Nov 08
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥3,120, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last year. Earnings per share has grown by 223%. Announcement • Sep 30
Furubayashi Shiko Co.,Ltd. to Report Q3, 2023 Results on Nov 10, 2023 Furubayashi Shiko Co.,Ltd. announced that they will report Q3, 2023 results on Nov 10, 2023 Buying Opportunity • Sep 28
Now 21% undervalued Over the last 90 days, the stock is up 5.0%. The fair value is estimated to be JP¥3,057, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last year. Earnings per share has grown by 223%. Reported Earnings • Aug 14
Second quarter 2023 earnings released: EPS: JP¥159 (vs JP¥18.17 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥159 (up from JP¥18.17 loss in 2Q 2022). Revenue: JP¥4.79b (up 22% from 2Q 2022). Net income: JP¥175.0m (up JP¥195.0m from 2Q 2022). Profit margin: 3.7% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥25.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 19 September 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.0%). Announcement • Jun 18
Furubayashi Shiko Co.,Ltd. to Report Q2, 2023 Results on Aug 10, 2023 Furubayashi Shiko Co.,Ltd. announced that they will report Q2, 2023 results on Aug 10, 2023 Reported Earnings • May 16
First quarter 2023 earnings released: EPS: JP¥96.56 (vs JP¥58.34 in 1Q 2022) First quarter 2023 results: EPS: JP¥96.56 (up from JP¥58.34 in 1Q 2022). Revenue: JP¥4.21b (up 6.2% from 1Q 2022). Net income: JP¥107.0m (up 67% from 1Q 2022). Profit margin: 2.5% (up from 1.6% in 1Q 2022). The increase in margin was driven by higher revenue. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: JP¥300 (vs JP¥122 in FY 2021) Full year 2022 results: EPS: JP¥300 (up from JP¥122 in FY 2021). Revenue: JP¥17.1b (up 5.6% from FY 2021). Net income: JP¥331.0m (up 145% from FY 2021). Profit margin: 1.9% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year. Announcement • Feb 12
Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 30, 2023 Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 30, 2023. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.4%). Announcement • Dec 18
Furubayashi Shiko Co.,Ltd. to Report Fiscal Year 2022 Results on Feb 10, 2023 Furubayashi Shiko Co.,Ltd. announced that they will report fiscal year 2022 results on Feb 10, 2023 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. 4 experienced directors. 6 highly experienced directors. No independent directors (7 non-independent directors). External Director Kiyotsugu Doteuchi was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Sep 23
Furubayashi Shiko Co.,Ltd. to Report Q3, 2022 Results on Nov 11, 2022 Furubayashi Shiko Co.,Ltd. announced that they will report Q3, 2022 results on Nov 11, 2022 Reported Earnings • Aug 12
Second quarter 2022 earnings released: JP¥18.17 loss per share (vs JP¥36.20 profit in 2Q 2021) Second quarter 2022 results: JP¥18.17 loss per share (down from JP¥36.20 profit in 2Q 2021). Revenue: JP¥3.91b (down 2.1% from 2Q 2021). Net loss: JP¥20.0m (down 150% from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Announcement • Jun 24
Furubayashi Shiko Co.,Ltd. to Report Q2, 2022 Results on Aug 10, 2022 Furubayashi Shiko Co.,Ltd. announced that they will report Q2, 2022 results on Aug 10, 2022 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.7%). Reported Earnings • May 17
First quarter 2022 earnings released: EPS: JP¥58.35 (vs JP¥32.58 loss in 1Q 2021) First quarter 2022 results: EPS: JP¥58.35 (up from JP¥32.58 loss in 1Q 2021). Revenue: JP¥3.97b (up 6.9% from 1Q 2021). Net income: JP¥64.0m (up JP¥100.0m from 1Q 2021). Profit margin: 1.6% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as 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. 6 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). External Director Kiyotsugu Doteuchi was the last director to join the board, commencing their role in 2015. 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
Furubayashi Shiko Co.,Ltd. to Report Q1, 2022 Results on May 13, 2022 Furubayashi Shiko Co.,Ltd. announced that they will report Q1, 2022 results on May 13, 2022 Announcement • Feb 12
Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 30, 2022 Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 30, 2022. Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥123 (up from JP¥10.01 in FY 2020). Revenue: JP¥16.1b (down 3.9% from FY 2020). Net income: JP¥136.0m (up JP¥125.0m from FY 2020). Profit margin: 0.8% (up from 0.1% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 58% 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. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.3%). Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS JP¥34.44 (vs JP¥79.86 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥4.22b (flat on 3Q 2020). Net income: JP¥38.0m (down 57% from 3Q 2020). Profit margin: 0.9% (down from 2.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Aug 08
Furubayashi Shiko Co.,Ltd. (TSE:3944) announces an Equity Buyback for 4,000 shares, representing 0.36% for ¥9.05 million. Furubayashi Shiko Co.,Ltd. (TSE:3944) announces a share repurchase program. Under the program, the company will repurchase up to 4,000 shares for a total purchase price of ¥9.05 million. The shares will be repurchased at a price of ¥2,263 per share. The purpose of the program is to increase the shareholder value of our shares, expand options for future capital policy, and ensure mobility. As of August 6, 2021, the company had 1,105,107 issued shares (excluding treasury stock) and 671,713 treasury shares. Upcoming Dividend • Jun 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 18 September 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.1%). In line with average of industry peers (2.2%). Reported Earnings • Apr 04
Full year 2020 earnings released: EPS JP¥10.01 (vs JP¥536 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥16.8b (down 10% from FY 2019). Net income: JP¥11.0m (down 98% from FY 2019). Profit margin: 0.1% (down from 3.1% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Mar 20
Furubayashi Shiko Co.,Ltd. to Report Q1, 2021 Results on May 13, 2021 Furubayashi Shiko Co.,Ltd. announced that they will report Q1, 2021 results on May 13, 2021 Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥10.91 (vs JP¥536 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥16.8b (down 10% from FY 2019). Net income: JP¥12.0m (down 98% from FY 2019). Profit margin: 0.1% (down from 3.1% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Feb 12
Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 30, 2021 Furubayashi Shiko Co.,Ltd., Annual General Meeting, Mar 30, 2021. Is New 90 Day High Low • Feb 09
New 90-day high: JP¥2,738 The company is up 5.0% from its price of JP¥2,613 on 11 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 6.0% over the same period. Announcement • Dec 24
Furubayashi Shiko Co.,Ltd. to Report Q4, 2020 Results on Feb 10, 2021 Furubayashi Shiko Co.,Ltd. announced that they will report Q4, 2020 results on Feb 10, 2021 Upcoming Dividend • Dec 22
Upcoming Dividend of JP¥25.00 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 2.0% is below the top quartile of Japanese dividend payers (3.0%), but it is higher than industry peers (1.8%). Announcement • Oct 01
Furubayashi Shiko Co.,Ltd. to Report Q3, 2020 Results on Nov 12, 2020 Furubayashi Shiko Co.,Ltd. announced that they will report Q3, 2020 results on Nov 12, 2020 Announcement • Jun 28
Furubayashi Shiko Co.,Ltd. to Report Q2, 2021 Results on Aug 07, 2020 Furubayashi Shiko Co.,Ltd. announced that they will report Q2, 2021 results on Aug 07, 2020 
