Announcement • May 31
Tomoku Co., Ltd. to Report Q1, 2027 Results on Jul 31, 2026 Tomoku Co., Ltd. announced that they will report Q1, 2027 results on Jul 31, 2026 Announcement • May 10
Tomoku Co., Ltd. to Report Fiscal Year 2026 Results on May 08, 2026 Tomoku Co., Ltd. announced that they will report fiscal year 2026 results on May 08, 2026 Reported Earnings • May 09
Full year 2026 earnings released: EPS: JP¥446 (vs JP¥395 in FY 2025) Full year 2026 results: EPS: JP¥446 (up from JP¥395 in FY 2025). Revenue: JP¥224.1b (up 2.0% from FY 2025). Net income: JP¥7.36b (up 13% from FY 2025). Profit margin: 3.3% (up from 3.0% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.1%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥158 (vs JP¥145 in 3Q 2025) Third quarter 2026 results: EPS: JP¥158 (up from JP¥145 in 3Q 2025). Revenue: JP¥57.8b (down 2.1% from 3Q 2025). Net income: JP¥2.61b (up 9.4% from 3Q 2025). Profit margin: 4.5% (up from 4.0% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 05
First half dividend of JP¥65.00 announced Shareholders will receive a dividend of JP¥65.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 29
Tomoku Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026 Tomoku Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026 Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥123 (vs JP¥75.63 in 2Q 2025) Second quarter 2026 results: EPS: JP¥123 (up from JP¥75.63 in 2Q 2025). Revenue: JP¥58.2b (up 4.4% from 2Q 2025). Net income: JP¥2.03b (up 63% from 2Q 2025). Profit margin: 3.5% (up from 2.2% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 30
Tomoku Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Tomoku Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 04 December 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.0%). Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥46.09 (vs JP¥40.76 in 1Q 2025) First quarter 2026 results: EPS: JP¥46.09 (up from JP¥40.76 in 1Q 2025). Revenue: JP¥50.9b (up 3.1% from 1Q 2025). Net income: JP¥759.0m (up 13% from 1Q 2025). Profit margin: 1.5% (up from 1.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Declared Dividend • Jul 09
Final dividend of JP¥65.00 announced Shareholders will receive a dividend of JP¥65.00. Ex-date: 29th September 2025 Payment date: 4th December 2025 Dividend yield will be 3.9%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥395 (vs JP¥323 in FY 2024) Full year 2025 results: EPS: JP¥395 (up from JP¥323 in FY 2024). Revenue: JP¥219.6b (up 3.8% from FY 2024). Net income: JP¥6.51b (up 23% from FY 2024). Profit margin: 3.0% (up from 2.5% 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 3% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • May 31
Tomoku Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025 Tomoku Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 09
Full year 2025 earnings released: EPS: JP¥395 (vs JP¥323 in FY 2024) Full year 2025 results: EPS: JP¥395 (up from JP¥323 in FY 2024). Revenue: JP¥219.6b (up 3.8% from FY 2024). Net income: JP¥6.51b (up 23% from FY 2024). Profit margin: 3.0% (up from 2.5% 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 3% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • May 08
Tomoku Co., Ltd., Annual General Meeting, Jun 24, 2025 Tomoku Co., Ltd., Annual General Meeting, Jun 24, 2025. Announcement • Mar 21
Tomoku Co., Ltd. Announces Revision to Year-end Dividend Forecast for the Fiscal Year Ending March 31, 2025 Tomoku Co., Ltd. announced that, it has decided, at a meeting of the Board of Directors held on March 13, 2025, to revise the dividend forecasts for the fiscal year ending March 31, 2025. For the year, the company expects to pay year-end dividend of JPY 55.00 per share compared to JPY 45.00 per share as previously announced and JPY 35.00 per share paid a year ago. Reason for revision to dividend forecasts: The Company considers returning profits to shareholders as one of its top management priorities. Regarding dividends, it aims to enhance profit returns to shareholders and improve capital efficiency, targeting a dividend payout ratio of approximately 30%. To this end, the Company adopts a progressive dividend policy, increasing dividends in line with medium- to long-term profit growth, based on an annual dividend of JPY 70 per share. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%). Announcement • Mar 01
Tomoku Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025 Tomoku Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥145 (vs JP¥90.46 in 3Q 2024) Third quarter 2025 results: EPS: JP¥145 (up from JP¥90.46 in 3Q 2024). Revenue: JP¥59.1b (up 9.1% from 3Q 2024). Net income: JP¥2.39b (up 61% from 3Q 2024). Profit margin: 4.0% (up from 2.7% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Declared Dividend • Dec 05
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 19
Tomoku Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Tomoku Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥75.63 (vs JP¥98.93 in 2Q 2024) Second quarter 2025 results: EPS: JP¥75.63 (down from JP¥98.93 in 2Q 2024). Revenue: JP¥55.7b (up 3.6% from 2Q 2024). Net income: JP¥1.25b (down 23% from 2Q 2024). Profit margin: 2.2% (down from 3.0% in 2Q 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 6% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Sep 26
Now 20% overvalued Over the last 90 days, the stock has fallen 14% to JP¥2,470. The fair value is estimated to be JP¥2,051, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 4.1%. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.1%). Announcement • Sep 19
Tomoku Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Tomoku Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Buy Or Sell Opportunity • Aug 16
Now 21% overvalued Over the last 90 days, the stock has fallen 8.6% to JP¥2,450. The fair value is estimated to be JP¥2,031, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 4.1%. Declared Dividend • Aug 03
Dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 3.2%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥40.76 (vs JP¥35.98 in 1Q 2024) First quarter 2025 results: EPS: JP¥40.76 (up from JP¥35.98 in 1Q 2024). Revenue: JP¥49.4b (up 1.6% from 1Q 2024). Net income: JP¥670.0m (up 13% from 1Q 2024). Profit margin: 1.4% (up from 1.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥323 (vs JP¥320 in FY 2023) Full year 2024 results: EPS: JP¥323 (up from JP¥320 in FY 2023). Revenue: JP¥211.5b (flat on FY 2023). Net income: JP¥5.31b (up 1.1% from FY 2023). Profit margin: 2.5% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • May 10
Tomoku Co., Ltd., Annual General Meeting, Jun 21, 2024 Tomoku Co., Ltd., Annual General Meeting, Jun 21, 2024. Reported Earnings • May 09
Full year 2024 earnings released: EPS: JP¥323 (vs JP¥320 in FY 2023) Full year 2024 results: EPS: JP¥323 (up from JP¥320 in FY 2023). Revenue: JP¥211.5b (flat on FY 2023). Net income: JP¥5.31b (up 1.1% from FY 2023). Profit margin: 2.5% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.7%). Announcement • Mar 02
Tomoku Co., Ltd. to Report Fiscal Year 2024 Results on May 08, 2024 Tomoku Co., Ltd. announced that they will report fiscal year 2024 results on May 08, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥90.45 (vs JP¥89.42 in 3Q 2023) Third quarter 2024 results: EPS: JP¥90.45 (up from JP¥89.42 in 3Q 2023). Revenue: JP¥54.1b (flat on 3Q 2023). Net income: JP¥1.49b (up 1.2% from 3Q 2023). Profit margin: 2.7% (in line with 3Q 2023). 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 7% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 26
Tomoku Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Tomoku Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥98.92 (vs JP¥121 in 2Q 2023) Second quarter 2024 results: EPS: JP¥98.92 (down from JP¥121 in 2Q 2023). Revenue: JP¥53.8b (down 4.6% from 2Q 2023). Net income: JP¥1.63b (down 18% from 2Q 2023). Profit margin: 3.0% (down from 3.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year. Major Estimate Revision • Sep 28
Consensus EPS estimates increase by 56% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥290 to JP¥451. Revenue forecast steady at JP¥229.4b. Net income forecast to grow 41% next year vs 7.5% growth forecast for Packaging industry in Japan. Consensus price target up from JP¥1,790 to JP¥2,520. Share price was steady at JP¥2,479 over the past week. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥35.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.7%). Announcement • Sep 14
Tomoku Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Tomoku Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥35.97 (vs JP¥23.21 in 1Q 2023) First quarter 2024 results: EPS: JP¥35.97 (up from JP¥23.21 in 1Q 2023). Revenue: JP¥48.6b (down 1.1% from 1Q 2023). Net income: JP¥591.0m (up 55% from 1Q 2023). Profit margin: 1.2% (up from 0.8% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year. Announcement • May 28
Tomoku Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Tomoku Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 10
Full year 2023 earnings released: EPS: JP¥320 (vs JP¥365 in FY 2022) Full year 2023 results: EPS: JP¥320 (down from JP¥365 in FY 2022). Revenue: JP¥212.8b (up 3.3% from FY 2022). Net income: JP¥5.25b (down 12% from FY 2022). Profit margin: 2.5% (down from 2.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,883, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Packaging industry in Japan. Total returns to shareholders of 17% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥32.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 7.5% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥89.41 (vs JP¥136 in 3Q 2022) Third quarter 2023 results: EPS: JP¥89.41 (down from JP¥136 in 3Q 2022). Revenue: JP¥53.9b (down 1.4% from 3Q 2022). Net income: JP¥1.47b (down 34% from 3Q 2022). Profit margin: 2.7% (down from 4.1% in 3Q 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Packaging industry in Japan. 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 6% per year, which means it is significantly lagging earnings. Announcement • Jan 09
Tomoku Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023 Tomoku Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Tetsuya Kobayashi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥121 (vs JP¥90.35 in 2Q 2022) Second quarter 2023 results: EPS: JP¥121 (up from JP¥90.35 in 2Q 2022). Revenue: JP¥56.4b (up 11% from 2Q 2022). Net income: JP¥1.99b (up 34% from 2Q 2022). Profit margin: 3.5% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Packaging industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%). Announcement • Aug 31
Tomoku Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022 Tomoku Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥23.21 (vs JP¥13.76 in 1Q 2022) First quarter 2023 results: EPS: JP¥23.21 (up from JP¥13.76 in 1Q 2022). Revenue: JP¥49.2b (up 3.4% from 1Q 2022). Net income: JP¥381.0m (up 69% from 1Q 2022). Profit margin: 0.8% (up from 0.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 8.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 29
Tomoku Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022 Tomoku Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022 Announcement • May 12
Tomoku Co., Ltd., Annual General Meeting, Jun 23, 2022 Tomoku Co., Ltd., Annual General Meeting, Jun 23, 2022. Reported Earnings • May 11
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: JP¥365 (up from JP¥299 in FY 2021). Revenue: JP¥206.0b (up 17% from FY 2021). Net income: JP¥5.98b (up 22% from FY 2021). Profit margin: 2.9% (up from 2.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 7.4%, compared to a 7.0% growth forecast for the industry in Japan. 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. Price Target Changed • Apr 27
Price target decreased to JP¥1,810 Down from JP¥2,300, the current price target is provided by 1 analyst. New target price is 27% above last closing price of JP¥1,423. Stock is down 19% over the past year. The company is forecast to post earnings per share of JP¥372 for next year compared to JP¥299 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent External Director Mito Shimonaka was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Tomoku Co., Ltd. to Report Fiscal Year 2022 Results on May 09, 2022 Tomoku Co., Ltd. announced that they will report fiscal year 2022 results on May 09, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.2%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS misses analyst expectations Third quarter 2022 results: EPS: JP¥136 (up from JP¥105 in 3Q 2021). Revenue: JP¥54.7b (up 17% from 3Q 2021). Net income: JP¥2.24b (up 30% from 3Q 2021). Profit margin: 4.1% (up from 3.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 6.2%, compared to a 3.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Price Target Changed • Dec 16
Price target decreased to JP¥2,090 Down from JP¥2,300, the current price target is provided by 1 analyst. New target price is 18% above last closing price of JP¥1,776. Stock is up 2.5% over the past year. The company is forecast to post earnings per share of JP¥367 for next year compared to JP¥299 last year. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS JP¥90.34 (vs JP¥67.06 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥50.9b (up 19% from 2Q 2021). Net income: JP¥1.48b (up 35% from 2Q 2021). Profit margin: 2.9% (up from 2.6% 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 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.2%). Reported Earnings • Jul 29
First quarter 2022 earnings released: EPS JP¥13.76 (vs JP¥7.10 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¥47.5b (up 31% from 1Q 2021). Net income: JP¥225.0m (up JP¥341.0m from 1Q 2021). Profit margin: 0.5% (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 increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
Full year 2021 earnings released: EPS JP¥299 (vs JP¥279 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥175.6b (flat on FY 2020). Net income: JP¥4.89b (up 7.1% from FY 2020). Profit margin: 2.8% (up from 2.6% in FY 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 6% per year, 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: 22 June 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.6%). Is New 90 Day High Low • Mar 15
New 90-day high: JP¥1,946 The company is up 14% from a price of JP¥1,711 on 15 December 2020. Outperformed the Japanese market which is up 9.0% over the last 90 days. Exceeded the Packaging industry, which is up 12% over the same period. Announcement • Mar 04
Tomoku Co., Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 Tomoku Co., Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Is New 90 Day High Low • Feb 03
New 90-day high: JP¥1,878 The company is up 2.0% from its price of JP¥1,846 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 3.0% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥105 (vs JP¥85.90 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥47.0b (up 4.4% from 3Q 2020). Net income: JP¥1.72b (up 23% from 3Q 2020). Profit margin: 3.7% (up from 3.1% 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 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Feb 02
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 7.8%. Over the next year, revenue is forecast to grow 3.5%, compared to a 3.7% growth forecast for the Packaging industry in Japan. Price Target Changed • Dec 01
Price target lowered to JP¥1,990 Down from JP¥2,200, the current price target is provided by 1 analyst. The new target price is 14% above the current share price of JP¥1,748. As of last close, the stock is down 0.9% over the past year. Announcement • Nov 29
Tomoku Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021 Tomoku Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Announcement • Aug 30
Tomoku Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Tomoku Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020