Reported Earnings • May 17
Full year 2026 earnings released: EPS: JP¥188 (vs JP¥190 in FY 2025) Full year 2026 results: EPS: JP¥188. Revenue: JP¥16.8b (down 1.9% from FY 2025). Net income: JP¥727.0m (up 3.7% from FY 2025). Profit margin: 4.3% (up from 4.1% in FY 2025). Announcement • May 13
Asahipen Corporation, Annual General Meeting, Jun 29, 2026 Asahipen Corporation, Annual General Meeting, Jun 29, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Feb 08
Third quarter 2026 earnings released: EPS: JP¥54.50 (vs JP¥57.18 in 3Q 2025) Third quarter 2026 results: EPS: JP¥54.50 (down from JP¥57.18 in 3Q 2025). Revenue: JP¥4.16b (down 8.4% from 3Q 2025). Net income: JP¥213.0m (down 4.5% from 3Q 2025). Profit margin: 5.1% (up from 4.9% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Feb 06
Asahipen Corporation (TSE:4623) announces an Equity Buyback for 220,000 shares, representing 5.63% for ¥382.58 million. Asahipen Corporation (TSE:4623) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 5.63% of its issued share capital, for ¥382.58 million. The shares will be repurchased at a price of ¥1,739 per share. The program is to return profits to shareholders and improve capital efficiency and flexible capital policy in response to changes in the business environment. The program is valid till February 9, 2026. As of February 6, 2026, there are 3,908,359 outstanding shares (excluding treasury stock) and 591,641 treasury shares. Announcement • Jan 31
Asahipen Corporation (TSE:4623) agreed to acquire Hodogaya Denshi Hanbai Co., Ltd. Asahipen Corporation (TSE:4623) agreed to acquire Hodogaya Denshi Hanbai Co., Ltd. on January 29, 2026.
For the period ending February 28, 2025, Hodogaya Denshi Hanbai Co., Ltd. reported total revenue of ¥4.7 billion and net income of ¥9 million.
The expected completion of the transaction is January 30, 2026. Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: JP¥39.95 (vs JP¥62.78 in 2Q 2025) Second quarter 2026 results: EPS: JP¥39.95 (down from JP¥62.78 in 2Q 2025). Revenue: JP¥3.76b (down 12% from 2Q 2025). Net income: JP¥156.0m (down 29% from 2Q 2025). Profit margin: 4.1% (down from 5.1% in 2Q 2025). 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 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%). Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥58.45 (vs JP¥63.99 in 1Q 2025) First quarter 2026 results: EPS: JP¥58.45. Revenue: JP¥4.26b (down 12% from 1Q 2025). Net income: JP¥227.0m (up 2.3% from 1Q 2025). Profit margin: 5.3% (up from 4.6% in 1Q 2025). Announcement • Jun 27
Asahipen Corporation to Report Q1, 2026 Results on Aug 08, 2025 Asahipen Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥190 (vs JP¥106 in FY 2024) Full year 2025 results: EPS: JP¥190 (up from JP¥106 in FY 2024). Revenue: JP¥17.2b (flat on FY 2024). Net income: JP¥701.0m (up 85% from FY 2024). Profit margin: 4.1% (up from 2.2% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • May 14
Asahipen Corporation, Annual General Meeting, Jun 27, 2025 Asahipen Corporation, Annual General Meeting, Jun 27, 2025. Announcement • Mar 27
Asahipen Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Asahipen Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥57.18 (vs JP¥45.02 in 3Q 2024) Third quarter 2025 results: EPS: JP¥57.18 (up from JP¥45.02 in 3Q 2024). Revenue: JP¥4.54b (down 1.4% from 3Q 2024). Net income: JP¥223.0m (up 39% from 3Q 2024). Profit margin: 4.9% (up from 3.5% 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 24% 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 30
Asahipen Corporation to Report Q3, 2025 Results on Feb 07, 2025 Asahipen Corporation announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: JP¥62.74 (vs JP¥10.83 in 2Q 2024) Second quarter 2025 results: EPS: JP¥62.74 (up from JP¥10.83 in 2Q 2024). Revenue: JP¥4.28b (up 4.3% from 2Q 2024). Net income: JP¥219.0m (up 462% from 2Q 2024). Profit margin: 5.1% (up from 1.0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% 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 • Nov 08
Asahipen Corporation (TSE:4623) announces an Equity Buyback for 100,000 shares, representing 2.53% for ¥200 million. Asahipen Corporation (TSE:4623) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 2.53% of its issued share capital, for ¥200 million. The program is to return profits to shareholders and improve capital efficiency and flexible capital policy in response to changes in the business environment. The program is valid till March 31, 2025. As of November 8, 2024, there are 3,956,335 outstanding shares (excluding treasury stock) and 666,665 treasury shares. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%). Announcement • Sep 03
Asahipen Corporation to Report Q2, 2025 Results on Nov 08, 2024 Asahipen Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 New Risk • Aug 15
New major risk - Revenue and earnings growth Earnings have declined by 0.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.9% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (JP¥6.07b market cap, or US$41.3m). Reported Earnings • Aug 04
Full year 2024 earnings released: EPS: JP¥106 (vs JP¥175 in FY 2023) Full year 2024 results: EPS: JP¥106 (down from JP¥175 in FY 2023). Revenue: JP¥17.1b (flat on FY 2023). Net income: JP¥380.0m (down 42% from FY 2023). Profit margin: 2.2% (down from 3.8% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 12% 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. New Risk • Aug 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (JP¥6.26b market cap, or US$41.9m). Announcement • Jun 28
Asahipen Corporation to Report Q1, 2025 Results on Aug 09, 2024 Asahipen Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥160 (vs JP¥175 in FY 2023) Full year 2024 results: EPS: JP¥160 (down from JP¥175 in FY 2023). Revenue: JP¥17.1b (flat on FY 2023). Net income: JP¥571.0m (down 13% from FY 2023). Profit margin: 3.3% (down from 3.8% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • May 11
Asahipen Corporation, Annual General Meeting, Jun 27, 2024 Asahipen Corporation, Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%). Announcement • Mar 02
Asahipen Corporation to Report Fiscal Year 2024 Results on May 09, 2024 Asahipen Corporation announced that they will report fiscal year 2024 results on May 09, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥69.33 (vs JP¥74.54 in 3Q 2023) Third quarter 2024 results: EPS: JP¥69.33 (down from JP¥74.54 in 3Q 2023). Revenue: JP¥4.62b (up 1.2% from 3Q 2023). Net income: JP¥248.0m (down 11% from 3Q 2023). Profit margin: 5.4% (down from 6.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year and the company’s share price has also fallen by 4% per year. Announcement • Dec 08
Asahipen Corporation to Report Q3, 2024 Results on Feb 09, 2024 Asahipen Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥22.76 (vs JP¥14.85 in 2Q 2023) Second quarter 2024 results: EPS: JP¥22.76 (up from JP¥14.85 in 2Q 2023). Revenue: JP¥4.10b (up 1.8% from 2Q 2023). Net income: JP¥82.0m (up 46% from 2Q 2023). Profit margin: 2.0% (up from 1.4% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Announcement • Sep 28
Asahipen Corporation to Report Q2, 2024 Results on Nov 10, 2023 Asahipen Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥30.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥64.02 (vs JP¥76.00 in 1Q 2023) First quarter 2024 results: EPS: JP¥64.02 (down from JP¥76.00 in 1Q 2023). Revenue: JP¥4.60b (down 2.3% from 1Q 2023). Net income: JP¥232.0m (down 19% from 1Q 2023). Profit margin: 5.0% (down from 6.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Announcement • Aug 11
Asahipen Corporation (TSE:4623) announces an Equity Buyback for 60,000 shares, representing 1.66% for ¥108 million. Asahipen Corporation (TSE:4623) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 1.66% of its issued share capital (excluding treasury stock), for a total purchase price of ¥108 million. The shares will be repurchased at a price of ¥1,800 per share. The purpose of the program is return profits to return profits to shareholders, improve capital efficiency, and implement future flexible capital policies in response to changes in the business environment. The program will continue through August 14, 2023. The company has 3,623,729 issued shares (excluding treasury stock) and 999,271 treasury shares. Announcement • Jul 13
Asahipen Corporation to Report Q1, 2024 Results on Aug 09, 2023 Asahipen Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Announcement • May 13
Asahipen Corporation, Annual General Meeting, Jun 29, 2023 Asahipen Corporation, Annual General Meeting, Jun 29, 2023. Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥175 (vs JP¥260 in FY 2022) Full year 2023 results: EPS: JP¥175 (down from JP¥260 in FY 2022). Revenue: JP¥17.1b (up 21% from FY 2022). Net income: JP¥653.0m (down 35% from FY 2022). Profit margin: 3.8% (down from 7.1% 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 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 20% and the cash payout ratio is 86%. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.8%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥74.52 (vs JP¥138 in 3Q 2022) Third quarter 2023 results: EPS: JP¥74.52 (down from JP¥138 in 3Q 2022). Revenue: JP¥4.56b (up 26% from 3Q 2022). Net income: JP¥277.0m (down 48% from 3Q 2022). Profit margin: 6.1% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
Asahipen Corporation to Report Q3, 2023 Results on Feb 10, 2023 Asahipen Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥14.85 (vs JP¥47.72 in 2Q 2022) Second quarter 2023 results: EPS: JP¥14.85 (down from JP¥47.72 in 2Q 2022). Revenue: JP¥4.03b (up 15% from 2Q 2022). Net income: JP¥56.0m (down 70% from 2Q 2022). Profit margin: 1.4% (down from 5.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. 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. 6 experienced directors. 6 highly experienced directors. No independent directors (9 non-independent directors). External Part-Time Director Tadao Takeuchi 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. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥14.85 (vs JP¥47.72 in 2Q 2022) Second quarter 2023 results: EPS: JP¥14.85 (down from JP¥47.72 in 2Q 2022). Revenue: JP¥4.03b (up 15% from 2Q 2022). Net income: JP¥56.0m (down 70% from 2Q 2022). Profit margin: 1.4% (down from 5.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Oct 31
Now 21% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥2,476, 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. Earnings per share has grown by 27%. Announcement • Oct 08
Asahipen Corporation (TSE:4623) announces an Equity Buyback for 120,000 shares, representing 3.18% for ¥240 million. Asahipen Corporation (TSE:4623) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 3.18% of its issued share capital (excluding treasury stock), for a total purchase price of ¥240 million. The purpose of the program is return profits to shareholders, improve capital efficiency, and implement a flexible capital policy in the future in response to changes in the business environment. The program will continue through January 31, 2023. As of September 30, 2022, the company had 3,773,857 issued shares (excluding treasury stock) and 849,143 treasury shares. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.9%). Announcement • Aug 31
Asahipen Corporation to Report Q2, 2023 Results on Nov 11, 2022 Asahipen Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥76.00 (vs JP¥85.11 in 1Q 2022) First quarter 2023 results: EPS: JP¥76.00 (down from JP¥85.11 in 1Q 2022). Revenue: JP¥4.71b (up 13% from 1Q 2022). Net income: JP¥286.0m (down 13% from 1Q 2022). Profit margin: 6.1% (down from 7.9% in 1Q 2022). The decrease in margin was driven by higher expenses. 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 1% per year, which means it is significantly lagging earnings growth. Announcement • Jun 01
Asahipen Corporation to Report Q1, 2023 Results on Aug 10, 2022 Asahipen Corporation announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥260 (vs JP¥158 in FY 2021) Full year 2022 results: EPS: JP¥260 (up from JP¥158 in FY 2021). Revenue: JP¥14.1b (down 11% from FY 2021). Net income: JP¥1.00b (up 59% from FY 2021). Profit margin: 7.1% (up from 4.0% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Asahipen Corporation, Annual General Meeting, Jun 29, 2022 Asahipen Corporation, Annual General Meeting, Jun 29, 2022. Announcement • Apr 28
Asahipen Corporation (TSE:4623) completed the acquisition of The Pet Co., Ltd. from Hiroshi Shioda and others. Asahipen Corporation (TSE:4623) entered into an agreement to acquire The Pet Co., Ltd. from Hiroshi Shioda and others on April 21, 2022. For the year ended May 2021, The Pet Co reported ¥1.807 billion total assets, ¥3.807 billion revenue, ¥154 million net income, ¥176 million business profit. The transaction is expected to close on April 27, 2022.
Asahipen Corporation (TSE:4623) completed the acquisition of The Pet Co., Ltd. from Hiroshi Shioda and others on April 27, 2022. Post completion, The Pet Co., Ltd. has become wholly owned subsidiary of Asahipen Corporation. 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. 5 experienced directors. 7 highly experienced directors. No independent directors (9 non-independent directors). External Part-Time Director Tadao Takeuchi 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
Asahipen Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Asahipen Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥138 (up from JP¥59.01 in 3Q 2021). Revenue: JP¥3.61b (down 5.5% from 3Q 2021). Net income: JP¥534.0m (up 124% from 3Q 2021). Profit margin: 15% (up from 6.2% in 3Q 2021). 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 increased by 23% 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 • Nov 12
Second quarter 2022 earnings released: EPS JP¥47.70 (vs JP¥32.64 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥3.51b (down 7.8% from 2Q 2021). Net income: JP¥186.0m (up 40% from 2Q 2021). Profit margin: 5.3% (up from 3.5% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. 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: 02 December 2021. Trailing yield: 3.0%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%). Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥158 (vs JP¥126 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥15.8b (up 15% from FY 2020). Net income: JP¥633.0m (up 21% from FY 2020). Profit margin: 4.0% (up from 3.8% in FY 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%). Announcement • Mar 14
Asahipen Corporation to Report Fiscal Year 2021 Results on May 13, 2021 Asahipen Corporation announced that they will report fiscal year 2021 results on May 13, 2021 Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥58.98 (vs JP¥31.22 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.82b (up 12% from 3Q 2020). Net income: JP¥238.0m (up 82% from 3Q 2020). Profit margin: 6.2% (up from 3.8% 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 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 06
New 90-day high: JP¥2,000 The company is up 6.0% from its price of JP¥1,885 on 08 October 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: JP¥1,990 The company is up 9.0% from its price of JP¥1,830 on 18 September 2020. The Japanese market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Chemicals industry, which is up 14% over the same period. Announcement • Nov 29
Asahipen Corporation to Report Q3, 2021 Results on Feb 05, 2021 Asahipen Corporation announced that they will report Q3, 2021 results on Feb 05, 2021 Announcement • Aug 30
Asahipen Corporation to Report Q2, 2021 Results on Nov 12, 2020 Asahipen Corporation announced that they will report Q2, 2021 results on Nov 12, 2020