Declared Dividend • May 30
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 3.3%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (21% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 09
Second quarter 2026 earnings released: EPS: JP¥64.47 (vs JP¥46.44 in 2Q 2025) Second quarter 2026 results: EPS: JP¥64.47 (up from JP¥46.44 in 2Q 2025). Revenue: JP¥19.8b (up 8.9% from 2Q 2025). Net income: JP¥2.62b (up 38% from 2Q 2025). Profit margin: 13% (up from 10% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Announcement • May 08
T. Hasegawa Co., Ltd. to Report Q2, 2026 Results on May 08, 2026 T. Hasegawa Co., Ltd. announced that they will report Q2, 2026 results on May 08, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Feb 07
First quarter 2026 earnings released: EPS: JP¥27.99 (vs JP¥35.63 in 1Q 2025) First quarter 2026 results: EPS: JP¥27.99 (down from JP¥35.63 in 1Q 2025). Revenue: JP¥17.8b (flat on 1Q 2025). Net income: JP¥1.13b (down 23% from 1Q 2025). Profit margin: 6.4% (down from 8.3% in 1Q 2025). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year. Declared Dividend • Jan 08
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 1st June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 12
T. Hasegawa Co., Ltd. to Report Q1, 2026 Results on Feb 06, 2026 T. Hasegawa Co., Ltd. announced that they will report Q1, 2026 results on Feb 06, 2026 Reported Earnings • Nov 08
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥169 (down from JP¥175 in FY 2024). Revenue: JP¥73.5b (up 2.6% from FY 2024). Net income: JP¥6.92b (down 3.9% from FY 2024). Profit margin: 9.4% (in line with FY 2024). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 8.8%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year. Announcement • Nov 07
T. Hasegawa Co., Ltd., Annual General Meeting, Dec 18, 2025 T. Hasegawa Co., Ltd., Annual General Meeting, Dec 18, 2025. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥37.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%). Announcement • Sep 19
T. Hasegawa Co., Ltd. to Report Fiscal Year 2025 Results on Nov 07, 2025 T. Hasegawa Co., Ltd. announced that they will report fiscal year 2025 results on Nov 07, 2025 Reported Earnings • Aug 05
Third quarter 2025 earnings released: EPS: JP¥49.41 (vs JP¥58.79 in 3Q 2024) Third quarter 2025 results: EPS: JP¥49.41 (down from JP¥58.79 in 3Q 2024). Revenue: JP¥18.7b (down 2.7% from 3Q 2024). Net income: JP¥2.02b (down 17% from 3Q 2024). Profit margin: 11% (down from 13% in 3Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Announcement • Jun 27
T. Hasegawa Co., Ltd. to Report Q3, 2025 Results on Aug 04, 2025 T. Hasegawa Co., Ltd. announced that they will report Q3, 2025 results on Aug 04, 2025 Declared Dividend • May 31
First half dividend of JP¥37.00 announced Shareholders will receive a dividend of JP¥37.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 2.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.0% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 10
Second quarter 2025 earnings released: EPS: JP¥46.44 (vs JP¥45.38 in 2Q 2024) Second quarter 2025 results: EPS: JP¥46.44 (up from JP¥45.38 in 2Q 2024). Revenue: JP¥18.2b (up 6.7% from 2Q 2024). Net income: JP¥1.90b (up 1.7% from 2Q 2024). Profit margin: 10% (in line with 2Q 2024). Revenue is forecast to stay flat during the next 2 years compared to a 4.6% growth forecast for the Chemicals industry in Japan. 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 5% per year, which means it is well ahead of earnings. Announcement • Mar 27
T. Hasegawa Co., Ltd. to Report Q2, 2025 Results on May 09, 2025 T. Hasegawa Co., Ltd. announced that they will report Q2, 2025 results on May 09, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥37.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 02 June 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.6%). Reported Earnings • Feb 08
First quarter 2025 earnings released: EPS: JP¥35.63 (vs JP¥32.35 in 1Q 2024) First quarter 2025 results: EPS: JP¥35.63 (up from JP¥32.35 in 1Q 2024). Revenue: JP¥17.6b (up 7.5% from 1Q 2024). Net income: JP¥1.46b (up 9.8% from 1Q 2024). Profit margin: 8.3% (up from 8.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Declared Dividend • Jan 06
Final dividend of JP¥37.00 announced Shareholders will receive a dividend of JP¥37.00. Ex-date: 28th March 2025 Payment date: 2nd June 2025 Dividend yield will be 2.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.4% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jan 03
T. Hasegawa Co., Ltd. to Report Q1, 2025 Results on Feb 07, 2025 T. Hasegawa Co., Ltd. announced that they will report Q1, 2025 results on Feb 07, 2025 Reported Earnings • Nov 09
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥175 (up from JP¥162 in FY 2023). Revenue: JP¥71.6b (up 10% from FY 2023). Net income: JP¥7.20b (up 7.9% from FY 2023). Profit margin: 10% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in Japan. 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. Announcement • Sep 27
T. Hasegawa Co., Ltd. to Report Fiscal Year 2024 Results on Nov 08, 2024 T. Hasegawa Co., Ltd. announced that they will report fiscal year 2024 results on Nov 08, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥39.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.4%). Reported Earnings • Aug 07
Third quarter 2024 earnings released: EPS: JP¥58.79 (vs JP¥61.51 in 3Q 2023) Third quarter 2024 results: EPS: JP¥58.79 (down from JP¥61.51 in 3Q 2023). Revenue: JP¥19.3b (up 14% from 3Q 2023). Net income: JP¥2.42b (down 4.4% from 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥2,648, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 5.8% over the past three years. Announcement • Jul 26
T. Hasegawa Co., Ltd. Approves Management Changes, Effective October 1, 2024 T. Hasegawa Co., Ltd. at its board meeting held on July 26, 2024 resolved to change the Representative Director. The details are as follows. Takao Umino from Representative President & CEO to Representative Director & CEO; Kenji Hasegawa from Director & Executive Vice President to Representative President & COO. Reason for change: The appointment will strengthen and enhance the management structure with the aim of achieving sustainable growth and further enhancing the Group's corporate value. Career summary of new Representative Director: Kenji Hasegawa (March 1, 1962): Apr. 1985- Joined Nakano Sumise Co., Ltd. (now Mizkan Holdings Co., Ltd.), Apr. 2003- Senior Vice President and Legal Team Leader, Mizkan Group Corporation Co., Ltd. (now Mizkan Holdings Co., Ltd.), May 2006- Director of Mizkan Group Corporation Co., Ltd. (now Mizkan Holdings Co., Ltd.), Oct. 2013- Senior Managing Director of Mizkan Group Corporation Co., Ltd. (now Mizkan Holdings Co.,Ltd.), May 2014 -President & COO of Mizkan Holdings Co., Ltd., Jun. 2017- Outside Director of UNIZO Holdings Company, Limited, Jul. 2020- Joined the Company; Senior Advisor (Corporate Planning Division), Oct. 2020- Senior Vice President; General Manager of Corporate Planning Joined the Company; Senior Advisor (Corporate Planning Division of the Company, Dec. 2022- General Manager of Business Solutions Planning Department of the Company (present), Mar 2023 - Executive Vice President of the Company, Dec. 2024 -Director & Executive Vice President of the Company (present). Date of change: October 1, 2024 (planned). Announcement • Jun 30
T. Hasegawa Co., Ltd. to Report Q3, 2024 Results on Aug 05, 2024 T. Hasegawa Co., Ltd. announced that they will report Q3, 2024 results on Aug 05, 2024 Declared Dividend • May 13
First half dividend of JP¥31.00 announced Dividend of JP¥31.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (18% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 12
Second quarter 2024 earnings released: EPS: JP¥45.38 (vs JP¥43.34 in 2Q 2023) Second quarter 2024 results: EPS: JP¥45.38 (up from JP¥43.34 in 2Q 2023). Revenue: JP¥17.0b (up 7.9% from 2Q 2023). Net income: JP¥1.87b (up 4.7% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥31.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.1%). Announcement • Mar 08
T. Hasegawa Co., Ltd. to Report Q2, 2024 Results on May 10, 2024 T. Hasegawa Co., Ltd. announced that they will report Q2, 2024 results on May 10, 2024 Reported Earnings • Feb 10
First quarter 2024 earnings released: EPS: JP¥32.35 (vs JP¥25.30 in 1Q 2023) First quarter 2024 results: EPS: JP¥32.35 (up from JP¥25.30 in 1Q 2023). Revenue: JP¥16.4b (up 5.8% from 1Q 2023). Net income: JP¥1.33b (up 28% from 1Q 2023). Profit margin: 8.1% (up from 6.7% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Dec 28
Full year 2023 earnings released: EPS: JP¥162 (vs JP¥195 in FY 2022) Full year 2023 results: EPS: JP¥162 (down from JP¥195 in FY 2022). Revenue: JP¥64.9b (up 4.0% from FY 2022). Net income: JP¥6.67b (down 17% from FY 2022). Profit margin: 10% (down from 13% 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 11% per year whereas the company’s share price has increased by 13% per year. Announcement • Dec 08
T. Hasegawa Co., Ltd. to Report Q1, 2024 Results on Feb 09, 2024 T. Hasegawa Co., Ltd. announced that they will report Q1, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Full year 2023 earnings released: EPS: JP¥162 (vs JP¥195 in FY 2022) Full year 2023 results: EPS: JP¥162 (down from JP¥195 in FY 2022). Revenue: JP¥64.9b (up 4.0% from FY 2022). Net income: JP¥6.67b (down 17% from FY 2022). Profit margin: 10% (down from 13% 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 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 10
T. Hasegawa Co., Ltd., Annual General Meeting, Dec 21, 2023 T. Hasegawa Co., Ltd., Annual General Meeting, Dec 21, 2023. Announcement • Sep 21
T. Hasegawa Co., Ltd. to Report Fiscal Year 2023 Results on Nov 10, 2023 T. Hasegawa Co., Ltd. announced that they will report fiscal year 2023 results on Nov 10, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥31.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 08
Third quarter 2023 earnings released: EPS: JP¥61.51 (vs JP¥78.26 in 3Q 2022) Third quarter 2023 results: EPS: JP¥61.51 (down from JP¥78.26 in 3Q 2022). Revenue: JP¥16.9b (up 1.6% from 3Q 2022). Net income: JP¥2.53b (down 21% from 3Q 2022). Profit margin: 15% (down from 19% 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 14% per year whereas the company’s share price has increased by 12% per year. Announcement • Jun 09
T. Hasegawa Co., Ltd. to Report Q3, 2023 Results on Aug 07, 2023 T. Hasegawa Co., Ltd. announced that they will report Q3, 2023 results on Aug 07, 2023 Reported Earnings • May 18
Second quarter 2023 earnings released: EPS: JP¥43.33 (vs JP¥51.07 in 2Q 2022) Second quarter 2023 results: EPS: JP¥43.33 (down from JP¥51.07 in 2Q 2022). Revenue: JP¥15.8b (up 6.0% from 2Q 2022). Net income: JP¥1.78b (down 15% from 2Q 2022). Profit margin: 11% (down from 14% in 2Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 32% 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 (2.8%). Reported Earnings • Feb 04
First quarter 2023 earnings released: EPS: JP¥25.30 (vs JP¥29.60 in 1Q 2022) First quarter 2023 results: EPS: JP¥25.30 (down from JP¥29.60 in 1Q 2022). Revenue: JP¥15.5b (up 8.5% from 1Q 2022). Net income: JP¥1.04b (down 14% from 1Q 2022). Profit margin: 6.7% (down from 8.5% in 1Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. 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 12% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
T. Hasegawa Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending September 30, 2023 T. Hasegawa Co., Ltd. provided consolidated earnings guidance for the year ending September 30, 2023. For the period, the company expects Net sales of JPY 66,000 million, Operating profit of JPY 7,000 million, Profit attributable to owners of parent of JPY 6,170 million and Earnings per share of JPY 149.96. Reported Earnings • Dec 28
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥195 (up from JP¥164 in FY 2021). Revenue: JP¥62.4b (up 12% from FY 2021). Net income: JP¥8.01b (up 18% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.8%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Dec 21
T. Hasegawa Co., Ltd. to Report Q1, 2023 Results on Feb 03, 2023 T. Hasegawa Co., Ltd. announced that they will report Q1, 2023 results on Feb 03, 2023 Reported Earnings • Nov 16
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥195 (up from JP¥164 in FY 2021). Revenue: JP¥62.4b (up 12% from FY 2021). Net income: JP¥8.01b (up 18% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.8%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% 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 Corporate Auditor Takao Yuhara 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 • Nov 13
T. Hasegawa Co., Ltd., Annual General Meeting, Dec 22, 2022 T. Hasegawa Co., Ltd., Annual General Meeting, Dec 22, 2022. Reported Earnings • Nov 13
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥195 (up from JP¥164 in FY 2021). Revenue: JP¥62.4b (up 12% from FY 2021). Net income: JP¥8.01b (up 18% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.8%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Announcement • Sep 23
T. Hasegawa Co., Ltd. to Report Fiscal Year 2022 Results on Nov 11, 2022 T. Hasegawa Co., Ltd. announced that they will report fiscal year 2022 results on Nov 11, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.9%). Reported Earnings • Aug 09
Third quarter 2022 earnings released: EPS: JP¥78.26 (vs JP¥47.73 in 3Q 2021) Third quarter 2022 results: EPS: JP¥78.26 (up from JP¥47.73 in 3Q 2021). Revenue: JP¥16.6b (up 11% from 3Q 2021). Net income: JP¥3.22b (up 64% from 3Q 2021). Profit margin: 19% (up from 13% in 3Q 2021). Over the next year, revenue is forecast to grow 5.3%, compared to a 9.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Jun 19
T. Hasegawa Co., Ltd. to Report Q3, 2022 Results on Aug 08, 2022 T. Hasegawa Co., Ltd. announced that they will report Q3, 2022 results on Aug 08, 2022 Announcement • May 18
T. Hasegawa Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending September 2022 T. Hasegawa Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year ending September 2022. For the year on consolidated basis, the company expected net sales of JPY 61,800 million against JPY 59,200 million as previously forecasted, operating profit of JPY 7,630 million against JPY 7,290 million as previously forecasted, profit attributable to owners of parent of JPY 7,300 million against JPY 7,290 million as previously forecasted, Basic earnings per share of JPY 177.50 per basic share against JPY 177.37 per share as previously forecasted. For the year on non-consolidated basis, the company expected net sales of JPY 38,500 million against JPY 38,100 million as previously forecasted, operating profit of JPY 7,230 million against JPY 4,550 million as previously forecasted, profit of JPY 7,430 million against JPY 4,920 million as previously forecasted, Basic earnings per share of JPY 180.66 per basic share against JPY 119.71 per share as previously forecasted. Reported Earnings • May 13
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: JP¥51.07 (up from JP¥37.48 in 2Q 2021). Revenue: JP¥14.9b (up 6.7% from 2Q 2021). Net income: JP¥2.10b (up 35% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 2.4%, compared to a 7.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • May 13
T. Hasegawa Co., Ltd. Provides Earnings Guidance for the Full Year Ending September 30, 2022 T. Hasegawa Co., Ltd. provided earnings guidance for the Full year ending September 30, 2022. For the year, the company expects net sales of ¥61,800 million, operating profit of ¥7,290 million and profit attributable to owners of parent of ¥7,300 million or ¥177.50 per share. 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. 6 highly experienced directors. No independent directors (9 non-independent directors). External Corporate Auditor Takao Yuhara 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
T. Hasegawa Co., Ltd. to Report Q2, 2022 Results on May 11, 2022 T. Hasegawa Co., Ltd. announced that they will report Q2, 2022 results on May 11, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%). Reported Earnings • Feb 07
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: JP¥29.60 (down from JP¥38.17 in 1Q 2021). Revenue: JP¥14.3b (up 18% from 1Q 2021). Net income: JP¥1.22b (down 23% from 1Q 2021). Profit margin: 8.5% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 10.0%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 3.4%, compared to a 6.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Dec 28
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: JP¥164 (up from JP¥123 in FY 2020). Revenue: JP¥55.8b (up 11% from FY 2020). Net income: JP¥6.76b (up 33% from FY 2020). Profit margin: 12% (up from 10% in FY 2020). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Earnings per share (EPS) surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.7%, compared to a 7.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year. Reported Earnings • Nov 16
Full year 2021 earnings released: EPS JP¥164 (vs JP¥123 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥55.8b (up 11% from FY 2020). Net income: JP¥6.76b (up 33% from FY 2020). Profit margin: 12% (up from 10% in FY 2020). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (1.9%). Reported Earnings • Aug 03
Third quarter 2021 earnings released: EPS JP¥47.73 (vs JP¥51.76 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥15.0b (up 14% from 3Q 2020). Net income: JP¥1.97b (down 8.2% from 3Q 2020). Profit margin: 13% (down from 16% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 09
Second quarter 2021 earnings released: EPS JP¥37.48 (vs JP¥22.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥14.0b (up 15% from 2Q 2020). Net income: JP¥1.56b (up 69% from 2Q 2020). Profit margin: 11% (up from 7.6% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. 
